Released. It is a made in america attack. A closing line made in china who attacks china. Our Political Panel zeros an all the chatter about this word intervention. We are getting to that in a minute. They are out after the bell. We have a record setting driver who made it all the way across country using the autopilot features. How does he feel now. We will ask is he still on board with the tesla ride. Look at the dow up just four points. The worst in five years we will know at this hour. The big focus for this hour just two points. Looking to snap it sevenday losing streak. Could it be the eighth day. It is a eight consecutive loss. Its the largest losing streak in five years. This matters because walmart is a course a stock. It is down half a to 72. The discount giant is in talks to buy that 3 billion they Just Launched last year. At such a new company. But walmart is clearly showing is a little desperate to take on the ecommerce. Not getting what they expected. One of the biggest things said they jumped about 7 after beating on eating on secondquarter earnings. They said it nabbed 6. 3 and rise in net income even as it shrank. The amount of insurance it sold. And if it bit getting pulses racing as the shares surge right now. 46 jump in revenue from a year ago thanks to high demand of new products. Sometimes these momentum stocks go crazy and then fall but look at that. Theyre continuing to get a real bump here. Right now as we wait to hear from donald trump they have just confirmed the speculation. The allies they spin out of control. But just a view hours ago this is the first im hearing of this. The campaign is moving forward in a positive way. The only thing we have is that they are keep saying things that are not true. They confirmed that two top friends believe that trump is squandering i guess more on the intervention what we can expect from both of the candidates. They are supposed to speak in this hour. They had had to take back the whispers throughout the day. You try to have an intervention with donald trump. Along with the Campaign Chair they know nothing of that potential intervention. It could be the case because were hearing that it could take place in a less formal setting. Not trump through all of this is trying to portray a united front there is a great unity in my campaign perhaps greater than ever before i want to thank everyone for your tremendous support beat crooked age. He feels that its going off the cliff. Unless it gets turned around quickly. Trumbull has an event in Daytona Beach florida in the upcoming minutes set to start there any moment now. As for Hillary Clinton she will take to the microphone this hour as well. Shes in Denver Colorado and will appear at a tire factory. Shes gonna try to use that to highlight how she argues trump the candidate had two different messages when it comes to outsourcing jobs. Clintons visit comes as her campaign released this ad today take a look. The ties are made in china. The fundraising totals came in today 80 million by far her best month to date. That does show some real momentum there and its no longer just a Million Dollars here and a Million Dollars there. It was enough to get a lot of money and in basic donations there. Blake, thank you very much. We are watching and waiting to hear from both donald trump into Hillary Clinton much more on the potential for this intervention we will let you hear some of that later. We need to show you why they matter to the money right now. This is the biggest move since july 12 trying to get above the 41dollar a barrel mark. This turnaround after a series of down days. The entire complex is moving higher. We had interesting Government Support that we get everyone say. Even though we got a surprise build. When you see a build like that they say there is just too much spill. But this unexpected drawdown and i believe that the number of barrels we got here for gasoline was 1. 4. You can see gasoline prices jumping as well near 3 . They are causing waves in your portfolio. Let me get to you. How much does oil have to do with what we are seeing right now and the stock market. I wouldnt call a sevenpoint gain that much for industrial. With the calendar that we continue to get oil was going to stop and how it was going to react. We are definitely seeing that correlation here. They are taking a break. A little bit below where we are right now. It is going to be an important level to watch. Clearly, the unemployment numbers is something they been waiting for. And couple that with the earnings were getting it i think its good to finally have a little stability right now. The adp report shows a bill with 179,000 jobs in the month of july. It was for 170,000. Let me spin it to you we also got Consumer Spending numbers. The third month in a row. And yet people are not using as much gasoline and crude. You are watching that market and seen that it cant seem to get above 41 dollars. The drawdown in gasoline was refreshing. It gave them something to jump on here. That has been the biggest one here. It is gonna drive the market up and down. Since memorial day we had been building gasoline. Its a bit of a disappointment and that is what is late on the market. Some of the equity issues of the last few losing days havent helped but if you look at it from a technical standpoint we broke down below 41 and a half. It will be a resistance level if we work our way higher. We left the island reversal. In the market can build off of this. If they can hold onto these gains here. It could retrace here a few dollars higher certainly near term. As you look at whats happening with the markets right now. The financials are pretty decent and strong which sector do you think is poised for a decent breakout. I think gold certainly has made a move over the last month or so but it has a lot more upside and if you talk about whats going on in the oil market. The stocks been on the alltime high. They are still low despite the move this week. They cant help themselves from getting in the way and i think gold still hasnt upside here. We are still in earnings season. Not to mention all of the big names after the bell. Great to see you with the closing bell 49 minutes away. As we look at the tao 30 map i already mentioned the financials here is the real leader with j. P. Morgan on the other side. Disney cattle pillard but you can see its only up ten points. Because just about everything is moving slightly lower. Kate spade the once superstar. Anything but right now. Blaming in the port retail environment and the strong dollar. Consumer spending has been a pretty decent. Kate spade has some explaining to do. Charlie has been breaking news for weeks is the deal still on the table. Has the price changed. That stock may move when they get the latest new details. He is running his running down here now to break it. Charlie never disappoints us. Hes coming up. If you suffer from a dry mouth, then youll know how uncomfortable it can be. But did you know that the lack of saliva can also lead to tooth decay and bad breath . Well, there is biotene, specially formulated with moisturizers and lubricants. Biotene can provide soothing relief and it helps keep your mouth healthy too. Biotene, for people who suffer from a dry mouth. [announcer] is it a force of nature . Or a sales event . The summer of audi sales event is here. Get up to a 5,000 bonus on select audi models. You just stuck it in a drawer somewhere and forgot about it. Until a dump truck hit your pickup truck and now you need a tow truck. Does your policy cover the cost of a tow truck . Who knows . You didnt read it. You cant even find it. The Liberty Mutual app with coverage compass™ makes it easy to know what youre covered for and what youre not. Call Liberty Mutual for a free quote today at coverage compass™ gives you the policy information you need at a glance. Available 24 7 on your mobile device. Switch to Liberty Mutual and you could save up to 509. Call thats liberty stands with you™. Liberty mutual insurance. Liz take a look right now we want to quickly tell you that we are looking at time warner stock. They may have just given you another reason to jump on the bandwagon. They have bought a 10 stake in hello. After the Second Quarter income fell due to a decline in tv licensing revenue. They all watch these. They will all be available through the five streaming. They are moving higher i do need to tell you that really important because time warner five or six years ago at the end cta when i was doing it. And now its happening. Make sure to stick around. I will be co anchoring after the bout. We will be covering the earnings after the results. Superhot names that we love to talk about. We are moments away from donald trump speaking from Daytona Beach florida. The music has just started. As a signal that he may soon come out lets get some breaking news on the buyer with monsanto deal. They are bracing for a new deal announcement when there is a dearth of news as there has been very little news coming out of this thing for the last couple of weeks. And some announcements are going to be made. We should point out that the bankers suspect because of a lot of things they put in the public filings about what they want to do in the future. They are expecting a new hire bid. It was the last time they kept the bid that was initially rejected. If this things hits 130 at the goal be hard. These are big add chemical giants. The Commodity Prices are flowing. A lot of people think that when you have that not that its just a blip you get it. The stock is started starting to shoot up. When you get Companies Like that in the ongoing product faces cost pressure you face mergers. If monsanto is at 105 that is a decent premium. If its at 105 that means that despite the stock is moving on a report right now the analyst they are predicting that is not likely. The stock was at about 105. You are starting to see a big spot. The bankers think theyre gonna come back with a higher bid nobody is commenting on this publicly. I think they are capped at 130. I can just tell you im with you on that. I hate to hedge this like this because heres what happens. We only give you the information that we have. What we have now is the feeling between the bankers at bankers at the been doing this for months now. They believe that theyre going to get another announcement coming soon. They believe it is going to be something along the lines of a higher bid. It could be to say that they are done. They believe its a higher bid because they look at the Business Model and the stuff thats baked into that model that they need. You talk about the content and by the way the Parent Company of our business here coming out with earnings after the bell and we are looking at huge cable revenues thats the one thing that they do it so much better than many of these others. They really managed to capitalize they are figuring out ways here. This is the content side. We meaning 24 century fox bid for the side. We get a three year threeyear chart. On stage and we should mention that she is in denver at the thai company. Shell be talking about outsourcing. You know the controversy certainly verbally beating up on companies. At the moment she is at this thai company which is at Commerce City this is in denver, colorado. The other side has have arguments also that when speaking up for big fees to Foreign Companies said we cant stop outsourcing specifically to india so both of these candidates might be flawed on outsourcing. It simply a function of a free market and if a u. S. Company can find it cheaper, or elsewhere they are going to do it. Do you stand in their way . This is a legitimate issue. They could care less about a lot of the stuff particularly the outsourcing argument. The Companies Look for economies of scale. They go out and they try to lower the cost. The cost of operating in the u. S. Is too much. It has very little to do. It has to do with taxes and things of that nature which governments can control. Every major Cable Company whether its time warner or whatever they wake up every day and i bet that and they talk about cord cutting every day. They did not want to talk about it. Now they have to. He has seen it all. We are 36 minutes away. Still up only 14 points. Uber keeping its friends close and its enemies closer. The partner already coming into a friend to me. Adam shapiro with a live report. Its all coming up. Dont go away. Liz uber is growing and exploding but it just couldnt get the job done in china, but now that uber let chinese competitor didi buy out its chinese operations the question is, where will uber try to expand next . Is an ipo every going to be in the future and didi working against uber . Adam shapiro. Didnt they strike a deal with didi andy di is not their friend. Yes and maybe. Uber is on a roll here. You know, this deal, the Company Helps cut expenses, boost its available resources which has investors wondering if an ipo could be in the future, liz. The deal with the chinese ride hailing service, didi, ends the threeyear project for uber in china. Didi invests one billion dollars in uber. Uber receives one billion dollar stake in didi. That will save money it has been spending in china to compete. That is an estimated one billion dollars. Ubers value right now believed to be 68 billion. Investors question if the deal clears up and strengthens ubers balance sheet. Maybe part after preparation to take the company public. Uber he cofounder says he wants to wait as long as possible before going public and uber is able to generate huge amounts of money privately. You ask where . Saudi arabia. Saudi arabian Public Investment fund pumped 3. 5 billion into uber which is expanding in the middle east. Uber operate in 500 cities worldwide. The Company Raised 12. 9 billion since it began raising funds in 2009. A numb he about invest to, spoke to one early on, adam lieber, you may know him. He manages miley cyrus and britney spears. I got off the phone with him 20 minutes ago. He said of course we would like to see an ipo, and this is the quote from mr. Lieber. What i personally want, travis, ceo and cofounder and other key people running this company to continue to do what is right for uber and go public when they feel the time is right. But heres the point he makes. Uber has some things to still figure out. For instance, there is the litigation over whether drivers are independent contractors or employees. The fact in five years no one will be driving. It will all be robots. The fact they would like their money but they have implicit, at least this investor trusts in uber management. Travis has said as long as possible before they ipo. Liz you know what . I get it. I think uber and waze are the two companies that have changed my personal life the most, especially, you land in boston airport, boom, youre there, two seconds. Beautiful car, nice driver. Reporter yes. Liz there is a reason it is working. The longer they hold out, i think their investors are really dying to get their money out. Reporter 80 million reasons they will succeed. Millenials dont want cars or car insurance. Take me here, take me here, mom, because at 35 years old it doesnt look good, take me here, uber. Liz thank you very much. Adam shapiro. Look at dow up 17 points with the closing bell defend eight minutes away. 28 minutes away. Financials and energy decent leadership. Speaking of energy, tesla has traveled down a bumpy road after a deadly crash allegedly involving its autopilot feature but is the worry overblown . A fox business exlouis sieve in just minutes. You exclusive. You cant miss this with the tesla autopilot record setter. His name is carl reis. He drove across the country on tesla autopilot. What will he reveal about that experience . And were waiting for donald trump to come on stage in Daytona Beach, florida. We will listen to what he has to say. Christie setzer and adam good man why the only thing might matter is just four states and how they will vote. Intervention, countdown coming right back. Liz dueling events coming to a head at this moment on the campaign trail. To your right, Hillary Clinton has just begun speaking at the naughty tie factory in denver. Donald trump on the lefthand side of your screen is about to host a town hall in Daytona Beach, florida, working to align Hillary Clinton with the 400 million the u. S. Government covertly sent to the iranian government. Hillary, for her part, we already talked about, will attack trump on history of outsourcing jobs. You have all these accusations swirling around. Here comes donald trump. As you see him walk through the crowd, as we await all of this, both sides are reaching somewhat after boiling point, although you could argue that Donald Trumps at the moment, according to reports that fox news has confirmed, is headed for an intervention involving at least two top republicans, Rudy Giuliani and Newt Gingrich. Lets bring in as we wait, christie setzer, democratic strategist and adam good man, republican strategist live. We have issues twofold, what people are talking about, and election day. To the chatter, adam, this intervention. I want to play what Newt Gingrich said this morning on mornings with maria, donald trump, his friend and listen. The question is, can he in august, slow down, take a deep breath, and reorganize how he is operating so that he gets to the standard of a potential president of the United States. He is has not done that up to now. It has been significantly to his disadvantage. I think something of what trump has done is very selfdestructive. Liz in essence he is terribly concerned donald trump is squandering an important opportunity, postconvention. Adam, what say you . Is this intervention real or ridiculous . Trump is going to do what he is going to do. He believed he is doing just fine. He raised a lot of money. This is one of those maalox moments for republicans in general and probably for all Trump Supporters where political heartburn indigestion give way to happy tummy. Let me tell you, i have worked for hundreds of campaigns and candidates. Rudy giuliani is one of them. When they say it is intervention, ive had 10,000 interventions of all the campaigns i involved in. All it is basically people that donald trump trusts, who are going to have a conversation with him. These are people that have been there, liz. They have run for president. Had ups and downs for their own campaigns for president. He would listen to both of them very keenly. Nice, frankly Newt Gingrich called it for what it is. It is pretty tough 72 hours. Right now well see how quickly donald trump, as weve seen on other side as well, how quickly he comes off the mat. Liz christie, to Hillary Clinton issues, it does not help, a huge hot potato thrown into her lap, regarding wall street journal article, indicates, there is video of money coming off a plane, going straight to i of it, handed over to the iranians back in january, ostensibly to settle a square a deal, decades oldies put on failed arms deals, et cetera, that we supposedly owed them. And, it doesnt look good, the timing is absolutely terrible. U. S. Hostages were released. And how can you, how can you tie that to hillary . She was secretary of state, when entire iranian deal began. That is far too complicated of a story right now for people liz not complicated to a lot of people who read the journal article. Not nearly as salacious everything going on with donald trump right now. You have the campaign intervention. Fighting with his advisors, fighting with his own children. You have extremely toxic dynamic right now which i too have worked with candidates like this where this is the case. Where one, he has bad instincts and two, he is not listening to Anyone Around him right now. They seem to be in a freefall. You can not come up with enough words for synonyms being dysfunctional in this campaign. It is a really amazing car crash that you just cant look away from. So i understand that things are maybe not perfect in hillary world right now, but it doesnt matter because all of the attention is focused on donald trump. Just said it doesnt matter. Let me tell you what may matter the most. This may come down to four states, ohio, pennsylvania, north carolina, florida, adam. You worked on president ial campaigns. You tell me if it just comes down to these four states . If right now, if hillary is leading three of them, or donald trump needs to hold on to florida. He needs to get other ones. He will focus on these states, what is your best guess what happens on the road map . I think what the is going to happen is, donald trump is going to flip the electoral map up in the midwest, which means these states youre talking about, in particular, and, might say, florida, not just because im from florida, could really hold the keys. But beyond that, liz, youre talking about three National President ial debates will be like political super bowls. Talking about unknowns, imponderables of events that could happen. One more factor entered the race, wikileaks, they will come out with bigger, better, worse for Hillary Clinton in the days ahead. Stay tuned, this is political theater as most unpredictable and maybe it is best. Liz christie, what about that . Have the last word. Dnc taken care of issue. They took care of it on day one. Liz there may be more emails. I doubt it. If there is anything big of a deal ultimately what they had not that big of a deal, already been released. I think youve seen the worst of it. Liz great to have you both of you keep our eyes on both events, christie, adam. Couple more months of this and just overtwo hours, were going to have a much better sense of where the candidates stand. Charles payne, will have a brand new fox news pols on the 2016 president ial race, 6 00 p. M. Eastern. They will be released right here on the fox business network. Closing bell, 11 minutes away, clinging to 11 points of gains. We stand at 18,324. For those on teslas waiting lists, and more that 370,000 people dying to get in one of these cars, it will be years before their dreams are fulfilled. That is a roadster, very first model came out. I got a taste what it was like to be in a tesla with elon musk back in the day. His creation bursting out on the scenes, but will his numbers burst the seams . This guy gets to do it every day. Tesla just minutes away from releasing its results. Were getting a real story on the electrical vehicle company. There he is. That is carl reis. He broke the record, driving tesla autopilot all the way across the company. Will he stick with the company now . Stay tuned. Approaching medicare eligibility . You may think you can put off checking out your Medicare Options until youre sixtyfive, but now is a good time to get the ball rolling. Keep in mind, medicare only covers about eighty percent of part b medical costs. The rest is up to you. Thats where aarp Medicare Supplement insurance plans insured by Unitedhealthcare Insurance Company come in. Like all standardized Medicare Supplement insurance plans, they could help pay some of what medicare doesnt, saving you in outofpocket medical costs. Youve learned that taking informed steps along the way really makes a difference later. Thats what it means to go long™. Call now and request this free decision guide. Its full of information on medicare and the range of aarp Medicare Supplement plans to choose from based on your needs and budget. All plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. Unitedhealthcare Insurance Company has over thirty Years Experience and the commitment to roll along with you, keeping you on course. So call now and discover how an aarp Medicare Supplement plan could go long™ for you. These are the only Medicare Supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. Remember, medicare doesnt cover everything. The rest is up to you. Call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. Go long™. Liz never a dull moment for elons electric empire after busy Second Quarter. Tesla is about to release Quarterly Results after the bell. Analysts expect it to post a loss of 52 cents a share but on revenues of 1. 6 billion, which is markedly higher than quarter over quarter than the past one. The electric carmaker has a lot going on and a lot to face between the 2. 6 billion acquisition of solarcity and socalled gigafactory,aka, that massive battery plant under crux in nevada and government investigation into the fatal crash after tesla model s involving its autopilot feature. We thought who better to bring in a real life tesla owner but not just any tesla owner. That is carl riese. He drove across the country testing teslas autopilot feature. As we wait on the numbers, your experience driving crosscountry with the autopilot feature . Ill tell you what, viewers need to understand autopilot is just like crews control, just a more advanced version of it. And it was never anything that was billed as something you could go to sleep or read a book. Elon says were several years from that. So i think its a very important safety feature that is included in the vehicle and i think it is amazing to go coast to coast in 57 hours and using autopilot 9 of the time, i think it is absolutely amazing. Liz i see your hands. Showing video of your experience. Your hands were on the steering wheel, most of the time . Give us a sense how it really worked and when there was a fate it will crash, what went through your mind about that . Very tragic anytime there is fatal crash involving any automobile. I think it is important we go back and take a look and make corrections. Im not an employee of tesla. Im just an owner. Ive seen no less than 12 updates in the autopilot system since it has been released, that has been downloaded to my car. I think america really needs to rally behind american manufacturers right now. They are small Companies Like modus motorcycles bringing manufacturing back to the United States and tesla is doing the same thing. Liz yeah. So we really need to embrace it. You do a great job at fox news reporting about these companies. Liz well, thank you. I will tell you certainly on fox business channel, i personally believe why would we denigrate leadership positions here in the u. S. . We dont want the chinese to beat us at the electric vehicle game, do we . No, we do not. Remember when range anxiety was the biggest worry, you are a owner on the second tesla, are you on the wait list right now for another one . I am. Im on the wait list for model 3 for my business. I run a construction business. We have 12 solar panels at home that offset our complete electrical cost for both the car and the house. So it is amazing to me that more americans dont want to embrace independence from foreign oil and put some solar panels on their roof, have their own gas station in a sense. And charge their vehicles up, leave the house with a full charge. Use teslas free charging stations while on the road. I think elon has really nailed it. Liz i about the way, we should let our viewers know, youre not on the take from anybody. You are not sponsored. You buy your cars outright. Thats true. Liz we love the story. Carl, thank you so much. After the bell the numbers come out. Well get them to you the second they are released for tesla. Carl reese is man with a plan for tesla. On a waiting list. Were up 23 points. Not a huge amount but when we started the show we were up about seven. Here we go. We could end a sevensession losing streak, keeping it at seven. A summer of huge high, record lows. Britains exit to the record run for stocks. What is the next event on the horizon that could impact your portfolio . Market expert and economic forecaster, mark sindh cinder has his crystal ball liz fox business Parent Company twentyfirst century fox will report earnings imminently. We have herbalife. That is huge controversial name. We cant wait to see what they do. Metlife, tesla. Lori rothman at the exchange with a preview what we can expect. These are big names. Im excited. Reporter were in the throes of this reporting season, liz. Its a busy one, thats for sure. Shares reporting after the close, moments away from the closing bell, here is our Parent Company twentyfirst century fox, up better than 1 . Last 52 weeks been a different story, down 22 . Looking for profit decline of 5 on 7. 7 increase in revenue from the quarter last year. Interesting stat, movie studio in our company sold 4 billion plus dollars in ticket sales. How about that . Back to you. Liz xmen, independence day. Reporter ice age with my kids this weekend. Liz great names all around. Lori, thank you very much. Were about to break this seven, eight session losing streak for the dow. You say you want a revolution, we may be on the cusp of one. As you see he on the screen, Industrial Revolution started in 1760, followed by railroads, electrification, mass production, turns out each of these cycles lasts 45 years. In fact the microprocessor, that Semiconductor Chip all your phones run on, manufactured in 191, kicked off the computer revolution. Are we the end of that . We have mike, mark zinder what he is seeing about the economy. Im thrilled to have you here. We set you up to look in crystal ball or set you up, what do you think is the next big thing . Liz, thank you very much. Thing to remember, go back to the slide, one revolution ends, another one quickly begins. So it could be biotech. Do we cure disease that has plagued society for hundreds of years . Is it 3d printing. Do we print on demand. Does manufacturing come back in america . Is it combination of the two . There is company that is now printing living cells and so it could be a number of things. Liz i covered three he dee printing extensively and biotech 3d printing. That is slightly nervewracking sector to invest in. They go up and then they crash. Longterm thing, that what im hearing, mark . Early stage after new revolution, things are volatile. So they have been volatile. Biotech is on a great 3d print something having a great day. Early days of a revolution, that is when things are volatile, absolutely. Liz your interactions with money from temple, the great mark mobius, i could go on and on, especially from john templeton, what is the best Investment Advice you learned from these guys . Oh, dont follow the crowd. John templeton said to me, when everyone is saying the same thing a different outcome is likely to occur. Doesnt follow the crowd. Liz avoid the herd. You dont want to get trampled. That is where you look all of this. Mark, great to have you here. Will you come back again . Absolutely. Liz this is smart theory you have to hear from people who have been in the business a long time. Mark zinder. As we get to the closing bell, were at high of the session. Almost there. 40 point to the upside for the dow jones industrials. Were up 35. We break what would have been an eightsession losing streak, the longest in five years. [closing bell rings] were far from down. Earnings are abounding. Who i get to join right now, david asman. David everything old is new again. Liz claman, joining us for the hour. We have you covered on the markets. We want to show what you else we have for you this hour, starting with donald trump. He is just taken the stage in Daytona Beach, florida. The candidate getting criticism from within his own party that he keeps getting side tracked from focusing on Hillary Clinton and issues that matter. There is even talk of an intervention, whatever that is. Well ask governor Mike Huckabee exactly what that means. Meanwhile Hillary Clinton holding an event at a denver, tie maker. This is direct jab at trump and his ties, get it, made in china. We have major names out with earnings any moment
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