Legendary Silicon Valley venture capitalist tim draper, he was a very early investor in twitter. We have him in a fox business exclusive on exactly what he thinks and how serious he believes this new move by President Trump ostensibly against twitter and other social media names might really mean for Silicon Valley. And we are looking at many different stories at this hour, specifically let the bidding wars begin. Yeah, the Housing Market. How about that. We know that more states are allowing the reopening of so many different businesses, including Real Estate Brokers who had been during the lockdown banned from pretty much facing facetoface potential buyers. Re realogys ceo is here on just how strong he believes the snapback in recovery for the real estate business really truly is going to be. And the coronavirus lockdowns have taken a toll on americans Mental Health. The hottest app in wellness, in the wellness world, is now focused on pretty much helping you get your mind in the right space so you and your business can get back up and running healthy and at full speed. The ceo and cofounder of Meditation App headspace is here in a fox business exclusive. It has gone viral over the past couple years. Wait until you see what its doing now for you and its free. So many other stories. Weve got Charlie Gasparino and a market that is moving to the upside pretty much ignoring the fact weve got some ugly data which we will tell you about. You can choose and decide. We are just an hour before the closing bell rings. Lets start the claman countdown. Liz all right. Let us right now take a look at the markets at the moment, and we do have some breaking news and let me just get that for you. As we see we do have hbo max and i am guessing we got some numbers there. We do have the breaking news and as you know, we do have the markets up 138 points for the big board. Cumulatively, the dow over the past three days is up, you guys ready, 1100 points. The s p over the past three days up 100 points. And we do have, of course, the nasdaq up 145 points. Were looking very much at a very strong market. All right. It seems that hbo max will have to play a game of catchup according to measurement firm sensor tower. It appears 90,000 people downloaded at ts new streaming platform on its very first day versus four million for disney plus. However, disneys data includes verizon subscribers who got it for free for a year. So just make sure you take that into account. Also, the data only focused on mobile app downloads and not other means of getting hbo max. Bloomberg news is reporting that at ts warner media says the figure is inaccurate. 90,000, inaccurate. Heres how some of the streamers are doing. At t for its part is down 1. 25 . The other names in the competition, everybody from netflix to disney, amazon, netflix and disney down at the moment, with disney down about 3 . Netflix flat to slightly lower. Amazon moving higher by. 75 . By the way, we should mention the gangs of Martin Scorsese are leading netflix for apple tv plus. Reports are that the tech giant nabbed the legendary director for his next film called killers of the flower moon start Leonardo Dicaprio and robert deniro. Thats about as notable as it comes considering he had chosen netflix to stream his 2019 mob film the irishman. Now hes turned to apple. Apple is higher by 1. 5 . In this final hour of trade, lets get to some stock names we want to tell you about. Dollar tree shares are living well beyond their name. Shares are moving higher by nearly 11 right now, even though same store sales at its Namesake Stores shrank. Its Family Dollar brand sales spiked 15 . Rival dollar general, different stock, not enjoying the same pop. It is down 2 even as it racked up the 21 gain in same store sales. Lets flip it to hewlettpackard. Hp plumbing the depths of the s p 500. Despite an earnings beat. Laptop sales did grow but printer and desktop sales plunged during a time when a lot of people were supposed to be buying equipment to ramp up so hpq is moving down 11. 6 . We have a classic case of sole the ne sell on the news. Investors appear to be cashing in their chips on casino stocks as las vegas sands, mgm, wynn and Caesars Entertainment announced that properties including the bellagio with its famed fountains, New York New York and Caesars Palace which is with its famed totally bizarre talking statues which Everybody Loves to see, they will reopen june 4th. Shares are selling off across the board. Little bit of sell on the news here. As we await the final language of President Trumps executive order to be ironed out and we are told its supposed to come this hour, the president plans to sign the document the moment it is completed. The white house began writing the order just 48 hours after twitter flagged two of the president s tweets against mailin voter ballots as quote potentially misleading. And up for factchecking. So as the president prepares to take official aim at social media, fox news dana perino sat down with facebook founder Mark Zuckerberg to ask about factchecking questionable posts. Heres what he said. We have a different policy i think than twitter on this. I just believe strongly that facebook shouldnt be the arbiter of truth of everything that people say online. I think in general, private companies probably shouldnt be or especially these Platform Companies shouldnt be in the position of doing that. Liz so when you look at the stocks and wonder how will this affect, a single day does not really make a trend here, but we have facebook shares moving down about a fraction, but twitter, while down about 2. 6 , is actually at 31 quarter to date. Both of them do face a potentially formidable challenge depending on what this executive order ends up saying. We bring in tim draper, whose firm threshold ventures was a very early investor in twitter well before it went public. Tim, thanks for being here. We are dealing with action and reaction here. Twitter policing content and in turn, the president of the United States about to Police Twitter and other social media sites. What do you make of this and how serious is it for the entire sector . By the way, im with Draper Associates now. Just so you get it straight. Hey, you know, i think the president should resist signing anything like this. I am too much a freedom promoter. I think we need freedom throughout the world and i saw many startups figuring out how we could model truths so that we can so the best stories will rise to the top and the fake news will fall to the bottom. A lot of thats already going on. Why do we have to regulate and legislate what they perceive to be truth . This is starting to sound a little more, you know, nasty and dictatorship than it is the land of the free and the home of the brave that we are supposed to be living in. I sort of feel like they have taken advantage of this virus and overstepped, and this is getting and i dont think this is trumps point of view at all and i dont know why he would be signing Something Like this. I know he likes to fight back but he creates his own news with twitter. So whos going to monitor that . All of a sudden his own tweets are going to be diluted and deleted or whats going on . This doesnt make any sense at all for an american society. Liz he has argued that some of these social media outfits have a bias against conservative voices, although, you know, if you take into account the fact that he very constantly is tweeting out there without anything up until recently with twitter, it is important to note, though, i think, that im very interested to know since you were an early investor in this and you do have your hand in new social media ventures, how you feel, whether it will put a chill on Silicon Valley and startups that do end up creating jobs for people. Well, look, i think freedom and liquidity create wealth in a society, and any kind of regulation creates poverty. If you start regulating what people think or telling people they cant start a business that does this versus this, suddenly you are putting a huge damper on the longterm livelihood and success of the people that live in your region, in your territory. This is really scary. I think trump should really think hard before signing anything that looks this way, and so far, its just rumors so im okay hoping that it doesnt come true, but if there is a signed executive order, i hope it goes to the courts because i think the courts will say hey, wait a second, this is violating the First Amendment of the United States constitution. Dont mess with it. Liz you know, social media executives from Mark Zuckerberg to sheryl sandberg, who was at facebook, they have all been in front of congress and have had wrist slaps verbally and of course, i believe jack dorsey of course has been invited to appear before congress in the past. But you know, how much more serious would it be to have an executive order which the president says hes supposed to sign in the next couple of hours, if it gets done . They are working on the language and as we best understand it would involve the fcc and other regulators taking a look at what is perceived bias and basically treating these guys like publishers who can get sued. Now, Mark Zuckerberg has said that hes not into this at all. Hes not into flagging anybodys tweets hes right. Liz you see what happened with twitter. But you know, Mark Zuckerberg is a little disingenuous because he acts like facebook is a utility like the phone company and he says well, you know, we dont listen in on peoples phone calls and then we wouldnt, if somebody lied on a phone call, we wouldnt ban them from using our pipes. But you know, these are tweets and facebook postings that are out there and if they are incorrect or, for example, absolutely hateful or in spite, i guess, if they inspire violence, right, thats where it becomes illegal. Yeah. Im not exactly sure where that line is supposed to be drawn or whether it should be drawn anywhere. I think that technology can improve the entire platform. I mean, i would think facebook and twitter and whoever else could be working very hard to create a platform where the things that are true or perceived to be true by the general population would rise to the top and things that are clearly not true would fall to the bottom, and allow the viewer, the reader, to decide, you know, hey, is this true or not, and then push it away if its just fake news. You know, yeah, the media has really changed over the last 15, 20 years and its interesting, the perception of government has changed during that time. I always believed government worked for the people, they were of the people, by the people. Now i sort of feel like the people are working for the government. Like they are determining what we are allowed to go think about or talk about or do or start a business around. Those things are really scary and that makes people start thinking wait, is this the land of the free and the home of the brave or is this some new country we dont recognize. I know that liz before we go there are enough americans that believe this is still the land of the free and the home of the brave, and they are not going to put up with this. Liz okay. We got 30 seconds. You are friends with elon musk. At this time yesterday we were waiting for the spacex rocket to take off with the first human astronauts in it. I know. Liz it may take off on saturday. You know, its going to happen. You know that. What do you think . You know elon. I think its so awesome. And clearly, the private sector does a better job than the government ever could in launching these rockets and in doing most businesses and most operations, and this is going to be so exciting. We are going to have a private rocket taking two people to the space station and we believe they are going to be launched on saturday, weather permitting. This is really, really exciting. Its really taking us to start thinking like hey, what could happen in the future, what could this world be like and elon, hes such an extraordinary guy and i love him to death. Liz tim, we love you. We appreciate you being here with your perspective of a longtime convenient chventure. Thank you. We are coming back with our floor show, we have a nice rally for the third day straight. Dow up 160 points. Business has been people. And their financial wellbeing. Its evident in good times, with decisions focused on the longterm. And crucial when circumstances become difficult. That continued emphasis on people our advisors, associates, clients and communities gives us purpose, strength and a way forward. Today. And always. An herbal stress reliever ashwagandha, that helps you turn the stressed life. Into your best life. Stress less and live more. With stressballs. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Liz the administration and congress have some other big issues aside from that executive order about twitter that they are dealing with. We learned today that the second read on First Quarter gdp contracted a more than expected 5 . The First Quarter time span actually does include the first two weeks of the pandemic state of emergency. We also got april durable goods orders, big ticket items which are meant to last more than three years. They cratered 17. 2 , although it was better than the expected 19 drop. But lets keep in mind those are rear view mirror numbers. Lets give you some current ones. Retail stores around the country are back open for business. Burlington stores says 322 stores are already reopened and the rest should be open by midjune. Under armour, meanwhile, reopening half of its stores tomorrow. Jc penney which filed for bankruptcy during the lockdown will open 500 stores by june 3rd and i dont know, is it capri . Parent of michael kors and coach will open most of its locations by july. So is ugly data in the rear view mirror and the promise of better news just over and around the next bend . Whats the investment play in the space in between . Lets get to our floor show and we have our traders, Sarge Guilfoyle is on the phone and phil flynn via skype. Sarge, what do you think . On the phone lets ls look at t data. Initial jobless claims were pretty bad, but more than four Million People went back to work which means there was a net increase last week. So for the first time we actually have that ball rolling the right direction. We go to the initial durable goods orders, capital goods orders were a lot better than expected. There is some positive. To give you three names that havent rebounded yet that might just rebound, okay, the first is pfizer. They are testing four different variations of a covid19 vaccine. They expect to deliver in the millions the best variation by october and hundreds of millions by 2021. They just priced 4 billion worth of debt that closed today that will mature 2025 through 2050. It refinances some of their existing debt plus makes them able to do all this in realtime. We have a target price of 45 and the panic price of 34. Im also going to give you british petroleum. Its a name nobody looks at. Nobody looks at energy anymore. They are cutting costs. Unfortunately, that will include payroll. They are pushing ahead with a reduced Carbon Footprint initiative which they will plan on later this year, they will give us all the details but they are ahead of the big energy names on this. They have a 10 dividend yield which is payable, this one is payable this quarterly iteration is payable in june. They will pay it. Target price of 33. Panic price at 21. 25, the recent lows. The last one is going to shock you because its macys. All right. Im long the first two. Im not long macys because its in a portfolio that i bought for real money so i cant own it. But i would own it if i could. They created two subsidiaries, one based on real estate, one on inventory. Both will lease property from the parent and both are going to take over some of the debt. They are also going to issue 1. 1 billion in new debt and they just got a 5 billion infusion from a billionaire in the czech republic. Liz yeah. Can you imagine that. You look at all of these names, phil, give me your sense as we look at this weird space between yester couple of months which were not pretty and what we have now. Thank you, sarge. I like that bp call. Listen, lets face it, if you look at the last couple weeks, its been all tech, tech, tech. We will be working out of the house, we will never leave our house again. It will be skype, it will be all these companies that are taking off. Some of the ones that havent taken off that probably will are going to be whats going to happen after the economies start opening up and things start happening again. I kind of like the mining stocks here. They are off the lows but not nearly back to the highs like a lot of these other tech stocks were. They could actually double in value. The reason why i like it is because of all the stimulus we have in the system and the next round of stimulus i believe is going to be a lot of infrastructure spending. We are talking about it here in the u. S. , you are talking about it in china and europe, they are going to use some of this money to rebuild infrastructure, put people back to work. When that happens, of course, they need a lot of copper and the whole bit so mining is the place to be. Liz all right. You know what, mining has really struggled for quite some time. Gentlemen, thank you. I need to get to this breaking news. If we can, we should punch