Vaccine and treatments, bringing the futures off of their lows this morning. Still looking a lower open today, but much of this is profit taking after a very strong rally yesterday and last week. Investors saying you know what, im going to take some money off that table. Theres not much stopping big tech, though. We talk about them a lot, every day, but for very good reason. New highs for several of these and one of our bulls will tell us in a few minutes why hes still buying them even at these levels. Happening at the white house today, a big meeting about getting americas children back to school in september. That is a major factor in the economic recovery, if kids are back in school, parents can go back to work. Its a key issue. What about Patrick Mahomes . Hes a recordbreaking deal thats guaranteed for nearly a half billion dollars. I say guaranteed. Hes a very rich young man. We have two pro athletes on the program to talk about that today. Big three lourshours ahead. Im Ashley Webster in this week for stuart. Today is his birthday. Happy birthday, stu. Enjoy. Meanwhile, Varney Company begins right now. Ashley all right. Lets get right to this news and begin with a couple developments on the virus vaccine. First, novavax, its the biotech people working on a virus vaccine. The stock soaring this morning, up nearly 30 as you can see. Come in, lauren simonetti. They just secured a very big check from the government, right . Lauren they are being rewarded. The stock is up 30 . The biotech has received 1. 6 billion in funding from the federal government to develop and to scale the manufacturing of its virus vaccine. It aims to have 100 million doses ready as soon as the end of the year. By the way, this is a stock that is up 1900 this year. The ceo will join us later this hour at 9 30 eastern time. Ashley yeah. We look forward to that interview. Next up, regeneron. Come on in, susan li. Susan, they have received a nice amount of cash from the pentagon as well. Susan close to half a billion dollars. Close to what Patrick Mahomes is getting from the Kansas City Chiefs. Thats to supply, though, what regeneron is doing, supplying the u. S. Department of defense with its antibody cocktail in order to treat covid. This is part of operation warp speed so that money will help produce and supply the federal government with its coronavirus treatment. The therapy is still in phase 3 trials, evaluating whether or not it actually can prevent anybody who has been exposed through close contact from actually getting infected with coronavirus. The fda has created the emergency use so far of this antibody cocktail but regenerons stock, speaking of soaring, up 67 this year and really reacting to the news that you see in a down market, helping drive the nasdaq, by the way, to record highs so far in 2020. Ashley indeed. Susan, thank you very much. Better bring in fox news medical contributor dr. Marc siegel for all of this. Doctor, this has got to put some minds at ease, right. We have these two big companies, we have Many Companies out there working on vaccines and treatments. Seems like we are going to get there sooner rather than later. We havent talked, ashley, about novavax before. Its like in a race, right. The guy with the finishing kick that comes in later in the race, 1. 6 billion from operation warp speed. Ashley, it uses an insect vec r vector. It uses insects as a vector, then puts viral particles on them to see if the cells create an immune reaction. Its a different technology. But it was used in an ebola vaccine. Its been used in several different animal vaccines. Its had success before and its going to go into phase 3 trials like the other ones we have talked about. So its coming along the outside with a finishing kick. As far as regeneron is concerned, this is another thing we havent talked about which is operation warp speed also covers treatments. So here we go. 450 million, this is a double antibody, where basically, we have talked about convalescent plasma, right, but this is antibodies that are made artificially and these two antibodies target the virus and are potentially a very useful treatment against covid19. Its not a cure, but it probably will be more powerful than the convalescent plasma we have talked about. Again, coming in along the outside, can definitely decrease severe cases. Ashley the horse racing analogy goes on. Doc siegel, lots of news today. Sorry it was short. What youve had to say, very encouraging. Thank you so much. Dr. Marc siegel. Lets take a look at some of the big tech stocks, if we can. All of these coming off record closes. Heres where they will open today. Still higher for apple, up another. 25 , amazon up another ten bucks at 3,068. Microsoft, just down. 10 in premarket. Netflix up. 75 , closing in on 500. More tech winners, by the way. Tesla, alibaba, chip maker nvidia and adobe, all hitting alltime highs to start the week as well. Again higher except for adobe. But big tech has been leading the way. Lets stay on big tech and bring in market watcher mike murphy. Mike, tell me how do i, if i havent already done this, how do i get in on the tech boom with these prices, you know, record highs . Hopefully most of your viewers have listened to us over the past few months and they have been putting their money, allocating money to big tech because thats where we have seen the growth. But really, right now, if you want to jumnto tech, if you missed it for some reason, do it for a basket of stocks. Its tough to pick who is going to be the winner out of apple and amazon and facebook and netflix. All great companies. But heres what i will give you. I think its officially time to Start Talking about the first ever 2 trillion company. You have apple, you have microsoft right behind them. Lets Start Talking about that. Who will be the first to 2 trillion because we are going to get there. Ashley yeah. Who would bet against that. Also wanted to mention youre hot on this Uber Postmates deal. Why do you like that so much . Well, i talked about it at length about uber. Its one of our largest holdings. I think its a company because of their 100 million plus unique users. Its a company that rallied after getting beaten up on the ipo, its rallied over the last two months, then it got hit by coronavirus. But when we get past this, and listening to dr. Siegel talk about a vaccine thats out there, we know the Trump Administration is putting as much money as possible to get us away from the coronavirus concerns, when we get back to normal life, uber is going to be a big part of that. Not only in taking you from point a to point b, but now with postmates, bringing you food from point a to point b and theres a lot more things that uber can do because so many people are using that app on a regular basis. Through rosecliff we are an investor in postmates so when you have the postmates deal and driving up the stock of uber price yesterday, its a win win but this is the tip of the iceberg for uber. Lot more coming from them. Ashley tip of the iceberg. Mike murphy, thank you. Mike, stay right there. Susan, youve got some more nasdaq winners, right . Susan we saw a Third Straight record close for the nasdaq on monday, 24th of the year after a huge rally, biggest we have seen since the middle of may. We know the amazons, the apples and the teslas have helped propel the stocks but the best performer so far this year on the nasdaq, payment companies. What about paypal, square . We should talk about them more often because they are both up around 55 so far this year. Covid means that people are banking more online and on their phone. They are shifting their habits and stashing their stimulus checks on paypal and square instead of the big banks. So these are the financials of the future. Another nasdaq darling i want to talk about and we dont talk enough about, docusign, more than doubling this year, up over 110 . Signing documents online instead of wasting time going to these inperson appointments, a trend thats only going to get bigger from here and definitely here to stay. And crowdstrike, famous during the 2016 election for its part in investigating the dnc hack but this year, the stock has already doubled and also, since we have concerns of foreign interference in 2020s president ial election, you can bet the cybersecurity is more important than ever this year and Going Forward. Ashley very good. Thank you very much, susan. Mike, let me bring you back in. I believe there is optimism out there that this economy can weather these surges that we have seen in coronavirus cases in the south and southwest. I think the Economic Data continues to point mostly to resilience, and i think that is helping the markets psyche. Would you agree . Ash, i would agree 100 . You know, one thing, remember, we have seen stimulus that really outpaces the damage. Im talking economic damage that coronavirus has caused. Now we are seeing more money coming from the administration to really address, to try to find a vaccine and address this problem so it doesnt crop up again in the fall. I think investors are really starting to look past what does the economy look like, with all the stimulus thats out there, as the recovery starts to really pick up and we can start stop talking about coronavirus and stop talking about potential flareups and get back to where we were when coronavirus started which was a very strong economy, that i think is what people want to talk about. Its not only q3 and q4, but its really after the election, what does 2021 look like. I think its a lot more good things coming for the u. S. Economy and thats why we think the markets arent just going higher, but they are going much higher in the near term. Ashley i love that. Much higher. All right, mike murphy, as always, thanks so much for joining us this morning. Thank you. Ashley mike obviously bullish on the markets. The dow, little bit of profit taking, down 200 points in premarket. Now this. Miami is shutting down restaurants and gyms again, but Florida Governor ron desantis says hes not planning to roll back his states reopening. We have to have society function. You can have society function in a way that keeps people safe. Ashley society has to function. Florida just one of the hot spots in the country right now. So what is the right balance . We will debate that coming up. Also, jpmorgan now says a biden win would be neutral to slightly positive for your money. We are all over that story next. Theyve really stood the test of time. Much like these majestic rocky mountains. Which must be named after the. That would be rocky the flying squirrel, mr. Gecko sir. Obviously ahh come on bullwinkle, theyre named after. Our first president george rockington that doesnt even make any sense. Ashley of course, that was the 1979 megahit the devil went down to georgia. We are honoring, of course, the late great charlie daniels, famed fiddler and in his later years, outspoken conservative icon. He was 83 years old. I got to know him very well in my time in nashville. He was a great entertainer, a lovely person and a true legend. He will be missed. Charlie daniels, no longer with us but his music lives on. All right. We move on. Mark zuckerberg preparing to meet with some civil rights groups. Susan, i guess this is all about the ad boycotts . Susan more than 1,000 companies have said they will stop or pause advertising on facebook and this all started by several civil rights nonprofits and this stop hate for Profit Movement they started. Those groups will be meeting virtually today at 2 00 p. M. Eastern time with facebook founder Mark Zuckerberg and c. O. O. Sheryl sandberg and the groups that started this movement were protesting what they call the hate speech and calls for violence on the platform along with misinformation that they say were proliferating unabated. Zuckerberg was more hesitant than twitter to shield or add warning labels to certain posts and that includes President Trumps controversial minneapolis post where he said that when the looting starts, the shooting starts. Now, this stop hate for Profit Movement also started gathering momentum and more and more major advertisers jumped on. They were pausing their facebook ads. Thats when zuckerberg offered an olive branch of sorts. He says Going Forward they will add some warning labels to controversial posts in the future but despite all this uproar, facebook hit a record high the last two sessions, regaining virtually all the losses from the initial boycotts and this morning, Goldman Sachs reiterating that they are calling this stock a buy still. Ashley fascinating. Susan, thank you very much. Next case, jpmorgan saying a biden win would be neutral to slightly positive for stocks. Interesting. Cassie smedley, Rnc Deputy Communications director, joins us now. That doesnt sound like its very positive for the president. Whats your reaction to what jpmorgan had to say . Well, that doesnt sound like its very in line with what most americans are feeling about our economy. I mean, when you look at both our internal data here at the rnc but also most public polling, when they ask who do you trust on the economy, its President Trump and its for reasons like the tax cuts and the deregulation and we know that joe biden has already said not only is he going to roll back the tax cuts, he has every intention of raising your taxes and we knowtoverburdensome regulations were a hallmark of the obama biden administration. Two key things that have been noted with laying the foundation and empowering the strongest economy in recent american history. So its really hard to reconcile how you draw that conclusion if you are jpmorgan when youve got the majority of americans saying i feel good about the economy in President Trumps hands and even just yesterday, most of our economy is still closed, we are still hitting record highs in the stock market. When you look at who is going to empower you and who is going to be a good steward of your dollars, i think all signs point to President Trump. Ashley all right. Move on. Next subject for you, there is a surge in virus cases and many, it has to be pointed out, goprun states. Texas, for example, hospitalizations hitting a new high on monday, over 200,000 active cases. And in florida, officials in miami are taking steps to reclose the city after the surge in cases. No more restaurants and gyms. They are even instituting a curfew. Heres what floridas Governor Ron Desantis had to say about that. Listen to the tape. We have to have society function. You can have society function in a way that keeps people safe. We need to protect the folks who are in the atrisk age groups, people with comorbidities, but the broader part of society, doing the moderate social distancing, we need to keep people working, keep society functioning and combat it that way. Ashley well, cassie, the critics are jumping on this saying these states jumped the gun and they are paying the price. What do you say . I think what you heard Governor Desantis say is in line with what most americans are feeling. Empower us to get this right. Empower us to reopen safely but let us reopen. Let us contribute to our communities and to our local economy. Thats what we need not just economically but also for our own physical and emotional wellbeing. I would point out that there are so many in the Mainstream Media who love to keep the ticker of positive cases on the side of their screen and only tell you about the increase in positive cases. Thats an increase in testing, something the white house has noted has increased more than six or sevenfold. But what they are not telling you is that the death rate blessedly is among the lowest in the world. I think if not the lowest, right there as runnerup and thats a good sign, too. Thats showing that we can do this and we can do this safely and we can get this right and so i would just caution every american, every voter out there to be very careful about those elected officials who are taking this as a time to have more power over you and those who want to empower you and empower this the right way. To go abo i think thats what we are going to see as we work towards november in terms of the response from our elected officials who is doing it safely and in line with cdc guidelines but who also is trying to find the balance of how we can get people back to work and do so again safely. Ashley all right. Have to leave it right there. Thanks for joining us this morning, Cassie Smedley with the rnc. Thank you so much. We do appreciate it. Lets take a look at the futures for you. As we mentioned earlier, a lower opening on wall street today but you cant complain. You had a very strong week last week, a big surge yesterday. Now a little bit of profit taking perhaps. We did see the futures come off the lows with news of vaccines and trials and funding and all of that, but certainly maybe a slightly lower open. Well see. Meantime, check novavax, talking of vaccines. Coming up next, the president and ceo of that company will join us for a live interview. You dont want to miss it. Its coming up. Businesses are starting to bounce back. But what if you could do better than that . Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. I was drowning in credit card debt. Sofi helped me pay off twentythree thousand dollars of credit card debt. They helped me consolidate all of that into one low monthly payment. They make you feel like its an honor for them to help you out. I went from sleepless nights to getting my money right. So thank you. Me too. Me too. And if youre a small business, were with you. Standing by you every step of the way. Bye bye. Ashley lets take a quick check of disney. Lauren, we finally got some numbers on just how much the release of hamilton boosted their streaming service. I would imagine its a big number. Lauren hamilton is gold for disney. Nearly