later billionaire investor leon cooperman reveals the top holdings right now.ne of which hitting a five-year high today. we will also ask the columbia business school grad what he thinks about graduation being canceled at columbia and how his alma mater handled the chaos on campus. the fox business exclusive. let's go back to the dow we have blowing, almost at the top of the wall street journal reported the faa has opened a new investigation, blowing almost at the bottom into the planes inspections of the 787 dreamliner, we are coming right back, don't go away. ♪ i promise that our relationship will go well beyond just investment decisions. it's the intersection of your money and your life where we can make the biggest difference. [announcer] charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com if you have wet amd, you never want to lose sight of the things you love. some things should stand the test of time. long lasting eylea h

leon cooperman has been on the show.think about lou school students, many of them want to go to wall street, do they not? >> reporter: absolutely, those names you mentioned they don't just hire from schools like columbia, they direct recruitment pathways. there is direct relationship between these firms and these schools. to be examining that direct pathway, that says a lot. then i think going back to the federal judges that we started the report with, when it comes to clerkships of federal judges that is when you're going through the law path it is a coveted position. it typically goes to kids in ivy league schools, going to elite law universities. so the fact that 13 federal judges saying we'll eliminate one school entirely, and that is regardless of whether the students have participated or not. they're sending a message to columbia saying we're not going to hire any clerks with columbia on their resume' because of what we're seeing. liz: we're also hearing by the way of law firms in new york city rescinding applicati

how about a company that two -- guys the -- liz: leon cooperman was just on the show two days ago, he said he like9s that. >> great minds think alike. liz: great billionaires -- oh, not yet. >> give me a few more years. [laughter] liz: mark you have looked at who's disadvantaged, who's advantaged. give us your tranches of names on each side. >> certainly, we like the buy now, pay later names, paypal, maybe even apple, that might be the side of the business that pulls them out from their iphone doldrums. we love anything data, no surprise to anybody that follows myself or market rebellion. two of the best performing stocks in the market today, klaviyo and app loving, i think, both of them up about 15 and 19% if respectively. those are on the b to been -- liz: who gets dinged? >> consumer discretionary, and marley consumer discretion flare if, overleveraged with a weak balance sheet that have, despite perhaps their best efforts, not set up for a higher for longer can cost of capital in terms of their corporate borrowing rate. and folks that sell things that people don't really need. i t

monday, billionaire investor leon cooperman

leon cooperman, always a pleasure to have you with us. >> one final thought of his dimension, thank you for helping bring that to us. he thinks that even if the fed cut, the yield could rise. time will tell. >>> coming up, apple reportedly nearing a deal that chatgpt on the iphone. we will hear everything we learned at open ai's event. >>> "power lunch" will be right back. trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. and they're all coming? those who are still with us, yes. grandpa! what's this? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly. >>> welcome back two "power lunch." open ai announcing its new model ahead of the google event. nothing specific about a potential deal with apple.

monday, billionaire investor leon cooperman. ♪ larry: hello, folks.elcome to "kudlow," i'm larry kudlow. well, biden bust, trump boom. biden inflation means stagflation. a new rasmussen poll has donald trump up 10 points. steve forbes and david malpass will be here to talk about it. plus, we've got a report on the stock market. the dow's up almost 500, and then why is the biden administration more worried with about palestinian refugees than american hostages? if senator marsha blackburn going to try to make sense of that. and if is trump winning the alvin bragg trial? goodness gracious, it looks like he might be. and we'll ask house majority leader steve scalise about defunding woke universities and reimposing trump sanctions on iranian oil. first up today, our own edward lawrence live at the white house on jobs and whatever else he can find down there, scratching around. edward, good to see you, buddy. >> reporter: hey, larry. the acting labor secretary says this jobs report shows the stable, or steady growth that they've been talking about, and the

liz: vertiv, we talked about it yesterday, leon cooperman outlined it a couple of months ago and reiterated his buy on that. specifically, this is a real estate investment trust where they run the data centers, correct? >> yeah. they run the data centers. the tez are very thirsty as far as for electricity to power all that data the and the search which is somewhere around 17 times more demand from the a.i. searches than if you just did it on your own, liz, if you just asked google or whatever your favorite favorite search engine is. so that's a lot. i'd also say that something like vis that, which is an independent power producer, these guys are going to be huge to the upside because of that increased demand. so at first it was, of course, evs. and now it's a.i. so when you've got that one-two punch of that a.i. demand which is massive and the evs, that's going to drive power con sunlight through the roof. -- consumption. there's going to be a lot of demand for instant on power. that comes to cow you one of two wayses, liz; a, nuclear or, b, natural gas. so nuclear, i'd say cake a look at a

look at vertiv, the success leon cooperman recommended during his last two appearances on the show. it's a data center reit. earlier it clawed dramatically to a brand new record, right now it's still holding on to just about a percent of gains to $101.41. shares of fox's sister company news corporation, that was earlier moving higher. it, too, has reversed. but news corporation and sam altman, ceo of openai, by the way, sam was the first in line for the envied ya h-2000 processers, altman appear exclusively yesterday to unveil a licensing deal with news corporation the train its chat bot, chatgpt. last night on the earnings call, nvidia's ceo jepsen wang said there's not just -- general seven wang said it's in the just a.i. companies benefiting. here's what he said. >> there's also a long line of generative a.i. start-ups, some 15,000, 20,000 start-ups, that in all different fields from multimedia to digital characters, of course, all kinds of design application and productivity applications, digital biology. the movement, the moving of the ark v industry to video so that they can t

year that was the mistake >> some people don't even think that they're restrictive enough, like leon coopermanby the way, from the omega family office, a legend in the investing world, who is on "power lunch" today, "there's a lot of talk about the fed being restrictive. i don't think they're being restrictive. where's the evidence the fed is being restrictive? we have a stock market at or near highs we have tremendous speculation in individual stocks." mind you, he says this on a day where gamestop is up like 70%. it's been halted like 6,000 times because of a photo that was put on social media that got, you know, the stock going again. so, you know, marcy, how -- in the context of what, you know, the two folks have just said, you've got the cooperman commentary on this network a little while ago as well, what's your own view? >> well, we have a market right now that's holding its breath a little until wednesday, when we get cpi, and we'll hear from powell right after, but powell's really pushed back on the idea of a hike being the next move. i think i agree that it's far more likely. our bas