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Transcripts For FBC Varney 20240702 : vimarsana.com
Transcripts For FBC Varney 20240702 : vimarsana.com
Transcripts For FBC Varney 20240702
Goes straight up. Lets go through this. The hostages a arrived back in ill reese a ill reese a a a s ago. The u. S. Appears to want a delay in the
Ground Invasion
. There is concern that it would triggerrer a wider war. Members of the squad continue to charge israel with genocide. Thats been picked up at prohamas rallies at colleges and cities across the country. As of now, israel is pounding gaza are airstrikes, their tanks are prepared to move. Now look at the markets. First, look at this. Bitcoin hits 34,000 a coin. There is no hope for an etf which would make buying and selling crypto much easier. 34,5 as of right now. All right, to the stock market, up again at least at the opening bell. The dow industrials showing a gain can of about 160 points at this hour. Nasdaq up close to 90. Thats a solid rally. Interest rates moving a hit little higher after yesterdays plunge, the 10year with a yield of 4. 85. Are remember 24 hours ago it was above a 5 . The 2just above 5 this morning, 5. 09 actually. Oil well way from that 0 a level, youre 90 a barrel, youre at 85. 50. Diesel up one credibility, 4. 551. All eyes on big tech this afternoon as microsoft and google report. In advance of the numbers, both stocks are up. Everyone wants to know if a. I. Is making them system munch politics some money. Politics, circus continues. House republicans will hold another meeting to try and select a speaker. Youll hear hear from the newlyreleased hostages. They went through hell. Another
Foreign Policy
debacle. Biden lifts sanctions on
Venezuelan Oil
in a return or for a promise of free elections from a communist dictator. Tuesday, october 24th, 2023. Varney and company is about to begin. Stuart we begin this tuesday morning9 with the hostage release. Two set free, and they are talking. Good morning, lauren, what are they saying . Lauren one of two elderly women described the captivity the as hell. She said hamas doesnt care who they take or i 40 they treat who they take. Some 200 hostages may still be hell. Obviously, israel is trying to find them, theyre actually handing out leaflets offering gazan civilians money if they can help them locate hostages. The idea is you get the hostages out, then supposedly the ground offensive could bin. Begin. President biden said we should have those hostages released x then we can talk. Meanwhile, this man is talking about how bruiseally hamas attacked just before an israeli religious ceremony where many were gathering. Life is turned upside down by death, by hatred, byville people. When you think your whole familys going to be the wipeded out, your whole life just goes in front of you in seconds. Lauren and this is day 18 of israel at war. The idf is intensifying its airstrikes against hamas terror targets in gaza as israeli officials are reportedly still deciding, coyou launch the the major ground offensive or surgical tactical strikes instead. The pentagon also keeping an eye on the elephant in the room here, iran. Its proxy forces in the region could be targeting our forces. Stuart thank you, lauren. President biden spoke on the possibility of a ceasefire in israel. Watch. U. S hostages for a ceasefire deal . We should have a ceasefire, not a ceasefire, we should have the hostages released, and then we can talk. [inaudible conversations] stuart okay. Todd piro with me this morning. Todd, the president says no ceasefire until the hostages are released. What do you say to that . That is not the right response, and the reason has nothing to do with the hostages themselves. This is not about rescuing the hostages, as sad as that may be. Israel is going to wipe hamas off the face of this earth regardless of whether or not there are talks with hamas or not. Israel really doesnt care about talking with hamas. Every guest has said the time for talk is over, were going to annihilate them. That said, we, the
United States
government and the israeli government, these to move heaven and earth to try and is rescue the hostages. Do not misinterpret what im saying. But in terms of negotiating with hamas, israel is not going to do that. And if we keep saying we are not going to interfere with their ability to wage war, then we need to listen to to what we say and abide by what we say. Stuart hostage taking is an effective strategy. In this case it works for the bad guys. For leverage, absolutely. Absolutely. But its tough to say this, because i put myself in the position like if my child or
Family Member
was there, obviously, id want you to do everything possible. With but weve seen over the course of the last couple years when you negotiate with terrorists with regard to hostage situations, it always works out bad for the country that has to give up something. Stuart i want to turn to the speaker election. Do we have to . Stuart im grade we do, yes. 67 of voters say
Congress Needs
to select a speaker as soon as possible. O. K. , we know that. [laughter] why cant the republicans get this tone done, todd . Because personal gripes between members are preventing them from doing the job they were elected to do. The average american is busy with the family, a rife, try a life, trying to get by. They are sick and tired of this circus. I hearken back when you go to a hospital, youre sick, youre injured, you dont want the nurses and doctors fighting and you on is sidelines sitting there dying but a you cant get help. I those thursdays and doctors have a job, its to save your life. These individuals in washington with, they have a job, they were elected by the taxpayers, do your job. Stop the fighting. Stuart id like to have a word with matt gaetz. I think a lot of people would. Its beyond partisan at this point. Stuart blow everything up, and you got nothing. Completely lost ground. What a mess. Anyway, thats all ive got to say. Youre going to stay with me for the hour. Yes, sir. Stuart thank you very much, indeed. Now, more on this subject even though it grieves me, there are 8 republicans who want to be speaker. My question for you, lauren, has donald trump thrown the his support behind any one of them . Lauren no, not really. He says theyre all calling him, but hes not standing behind any, at least not yet. Reporter i have to ask, would you endorse tom emmer for speaker [inaudible] your biggest fan, but he is the most likely candidate . Well, i think hes my biggest fan now because he called me yesterday and told me im your biggest fan, so i dont think about that. [laughter] were looking at a lot of people, im sort of trying to stay out of that as much as possible. Theyll get it straightened out. No, ive always gotten along with him. I get along with all of them. Lauren he also said only just christ could jesus christ could unite the whole party. You saw him, he started to cozy up with trump, emmer did, because he understands the trump sway on the party. Mick mulvaney, who worked in the trump administration, was on another network, and he said the vote for speakership is personal. Its not about policy. So some of these members might feel comfortable not voting the way they think trump would want them to. Speaking of personal issues. So, you know . Its a mess. Stuart personal issuesesome thats ridiculous. If you want to teal better about the policy,
Pete Sessions
was on my show, he basically said im 99 conservative, but im worried that 1 is going to cost me the speakership, and im willing to die on that hill which brings it back to policy. But, you know, implicit in that is a little personality. Its a mess. Lauren secret ballot today, will a candidate emerge to get to the floor vote. Stuart i insist we move to something rational, that would be the stock market. Look at this. Weve got a rally on our hands this morning. Dow up about 170 points. Nasdaq up 75 points. David nicholas joins us this morning. David, alphabet and microsoft. Google and microsoft, they report after the bell. I want to know if theyre making money from a. I. Isnt that the big concern of big tech at the moment . Yeah, stuart, it is. But i dont think were going to see a lot of revenue from a. I. Ed today, but i think youre going to hear what is their goal in the future. But i think if you just look at google specifically, look, this is all about doubledigit revenue growth. If we get 75 billion in revenue for the quarter, thats 10 growth. I think for google its more about youtube than a. I. , stuart, this is the unbelievable. 9 of all tv viewership was on youtube. Thats 1 more than netflix, and so thats driving growth at google. I think were going to see a knockout quarter for google, also moth as well. Microsoft as well. Stuart weve got a modest, solid rally this tuesday morning. How come . Weve got whats going on in israel, and weve got all kinds of other problems in the economy. Why is the market rallying who . Well, i think tech is driving this, right . And if you just look at the names that are reporting, microsoft is one of the best recessionproof stocks on wall street. And so when thesen
Companies Report
, microsoft has 34 billion in cash, has one of the strongest margins on wall street, operating revenues at 41, net income revenues at 34 . I think the street looks at that and says, look, theres a lot to be concerned about for stocks, but behind that tough macro environment there are some diamonds. And so this is the week that, i think, could save the market, stuart. If these
Companies Report
well, this is why the market is heading higher. This could be what the market these to get it out of the malaise, so its a very big week for stocks, stuart. Stuart got it. Big day today for microsoft and alphabet. Thanks very much, indeed, david. See you again soon. Biden keeps touting the success of bidenomics despite people still struggling with higher prices. Just watch this. I truly believe this countrys about to take off. Because for the first time in a long time were investing in america, and were investing in american people. Were investing in our future. I can honestly say ive never been more optimistic about americas future. Stuart tomorrow morning at i 8 30 eastern time were going to get numbers on the economy which may show 4 or even 5 growth. How about that . The pentagon says america will hold iran responsible for attackses on u. S. Troops. Iowa senator joan think ernst will join us. How should biden hold iran accountable . Israeli forces struck more than 400 terror targetses in a 24hour period. We have the latest from israel as the world awaits a
Ground Invasion
. Well be back after this. Trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the awardwinning trading platforms. Bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. Tailor the platforms to your unique needs with nearly endless customization. And track
Market Trends
with uptotheminute news and insights. Trade brilliantly with schwab. This is
Spring Semester
at over 13,000 us school districts, which have become top targets for
Ransomware Attack
s. But theres never been a reported
Ransomware Attack
on a chromebook. Which is why thousands of schools like the fairfieldsuisun
Unified School District
switched to google tools for education. So they can focus on teaching and 22,000 students can focus on learning, knowing that their data is secure. explore endless design possibilities. To find your personal style. Endless hardieĀ® siding colors. Textures and styles. Its possible. With james hardieā¢. Im on a journey to discover the human story of gold. How it shapes us. Were going down . And our world. Its a story. I thought i knew. Turns out its far more incredible. It takes your breath away. Than i ever imagined. Municipal bonds dont usually get the
Media Coverage
the stock market does. In fact, most people dont find them all that exciting. But, if youre looking for the potential for consistent income thats federally taxfree, now is an excellent time to consider
Municipal Bonds
from hennion walsh. If you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 18002173217. Well send you our exclusive bond guide, free. With details about how bonds can be an important part of your portfolio. Hennion walsh has specialized in fixed income and
Growth Solutions
for 30 years, and offers highquality
Municipal Bonds
from across the country. They provide the potential for regular income. Are federally taxfree. And have historically low risk. Call today to request your free bond guide. 18002173217. Thats 18002173217. Stuart still no
Ground Invasion
. The president is reportedly pressuring netanyahu to delay it until hostages are released. Trey yingst on the ground in uss israel for us. Trey, just because the
Ground Invasion
is delayed doesnt mean israels letting up on their attack, right . Reporter yeah, stuart, that thats exactly right. Behind us along the gaza strip we can hear occasion occasional explosions, the israelis are shelling from the ground and launching more ground strikes, more than airstrikes, more than 4000 in the past few 400 in the past 24 hours. They are hammering command centers and locations along the strip in preparation for that that looming ground offensive. It does come amid the backdrop of some good news. Two israeli civilians released by hamas as part of a qatari deal. Hear from one of them here, an 85yearold woman. Translator to tell you the truth, ive been true through hell. We never knew we would come into our situation. They kidnapped me, laid me on my side on a motorbike and rammed through a fence. Dozens stormed our houses. They kidnapped people like me. Theres no difference between young or old, men or or women. It was very, very painful. Reporter hamas was indiscriminate in the way that they took hostages and slaughtered so many people here. The israelis say 220 the people are stilling being held inside the gaza strip including that elderly womans husband. Today hamas commenting on the situation with an official in doha saying this [speaking in native tongue] translator i said we will release them and the announced that. But now they are distributed in other positions. Israel has killed more than 32 of them because of the destruction it has caused, so therefore, if netanyahu was keen on their safety, if the americans and europeans are keen, let them portion israel to stop their aggression, stop these brutal war crimes which are committed every day. Reporter hamas is lying, they are being held hostage inside gaza, and despite the propaganda efforts by the
Group Showing
videos of their gunmen giving tea and cookies to these elderly women, thats a just a spin. Hay wanted to keep them alive in an effort to have one bargaining chip against the israelis. Stuart . Stuart well said, trey. Idf
Service Member
ben joins me now. Were leaving out his last name for security reasons. Ben, the u. S. Is asking israel to delay the
Ground Invasion
. Whats if the feeling about that over there . Listen, these updates that were getting every day are, the situations here constantly changing. Obviously, our biggest concern is keeping the hostages that are stuck in gaza safe. And securing our borders as best we can. I mean, i have friends, teammates that have been burying loved ones, and these wounds are still fresh for us. So our main concern right now is healing as fast as we can, putting everything to the side and doing what we do best which is getting back to our training. And, again, just keeping our people safe. Stuart are you eager to launch the
Ground Invasion
. Do you want to go in . I mean, i, i want to get the people of israel their [inaudible] back as safely as possible. Whatever that means, messily. Obviously, i signed up to do this, so if im called in, thats what i have to do. I dont want to see anyone get hurt, obviously, but at the end of the day whatever orders i get, im going to carry out as best i can. Stuart ben, are you ready to go . Personally, im ready. My team is ready. And it obviously just is depends on how the situation progresses and what the higher command wants from us. Stuart ben, thanks very much for being with us this morning. We appreciate it. We feel for you. We wish you the best of luck, sir. Thank you very much. Thank you for having me. Stuart join
Fox Corporation
in supporting the
Israel Emergency Fund
in association with the united jewish appeal. Just scan the qr code here on donate at ujafedny. Org. Congresswoman alexandria ocasiocortez going after netanyahu. What is she saying in. Calling out biwisconsin for that bibi for that 2019 decision to ban
Rashida Tlaib
and ilhan omar from visiting israel. Listen to aoc. I found it shocking when in 2019 or 2020, many our first term of the house of representatives, when
Prime Minister
netanyahu banned two
United States
siding members of
Congress Sitting
members of congress from coming to israel, representatives
Rashida Tlaib
and ilhan omar. My own colleagues did not seem to say or do much of anything. That should be an affront to our entire government and country. So if thats all youre getting, you may hear that and be like, wow, aoc, that does sound like an affront. But she left out one key informational fact. Both tlaib and omar rejected invitations to travel with a bipartisan delegation to the west bank to be briefed on security issues. Youll recall, stu, they decided they didnt want to do that because, lets be realist in, they wanted the photo op, the sound bites attacking israel, and bibi, benjamin netanyahu, said, no, youre not going to do that in my land. If you want to come here and learn about
Israeli Security
with a bipartisan delegation, have at it. Youre more than welcome. If you want to do something different, you cant. Stuart the squad leads the charge, prohas ma charge, entering lies into the
United States
congress. Thats what heir doing. This is outrageous. And weve heard the reporting on your show about
Ground Invasion<\/a>. There is concern that it would triggerrer a wider war. Members of the squad continue to charge israel with genocide. Thats been picked up at prohamas rallies at colleges and cities across the country. As of now, israel is pounding gaza are airstrikes, their tanks are prepared to move. Now look at the markets. First, look at this. Bitcoin hits 34,000 a coin. There is no hope for an etf which would make buying and selling crypto much easier. 34,5 as of right now. All right, to the stock market, up again at least at the opening bell. The dow industrials showing a gain can of about 160 points at this hour. Nasdaq up close to 90. Thats a solid rally. Interest rates moving a hit little higher after yesterdays plunge, the 10year with a yield of 4. 85. Are remember 24 hours ago it was above a 5 . The 2just above 5 this morning, 5. 09 actually. Oil well way from that 0 a level, youre 90 a barrel, youre at 85. 50. Diesel up one credibility, 4. 551. All eyes on big tech this afternoon as microsoft and google report. In advance of the numbers, both stocks are up. Everyone wants to know if a. I. Is making them system munch politics some money. Politics, circus continues. House republicans will hold another meeting to try and select a speaker. Youll hear hear from the newlyreleased hostages. They went through hell. Another
Foreign Policy<\/a> debacle. Biden lifts sanctions on
Venezuelan Oil<\/a> in a return or for a promise of free elections from a communist dictator. Tuesday, october 24th, 2023. Varney and company is about to begin. Stuart we begin this tuesday morning9 with the hostage release. Two set free, and they are talking. Good morning, lauren, what are they saying . Lauren one of two elderly women described the captivity the as hell. She said hamas doesnt care who they take or i 40 they treat who they take. Some 200 hostages may still be hell. Obviously, israel is trying to find them, theyre actually handing out leaflets offering gazan civilians money if they can help them locate hostages. The idea is you get the hostages out, then supposedly the ground offensive could bin. Begin. President biden said we should have those hostages released x then we can talk. Meanwhile, this man is talking about how bruiseally hamas attacked just before an israeli religious ceremony where many were gathering. Life is turned upside down by death, by hatred, byville people. When you think your whole familys going to be the wipeded out, your whole life just goes in front of you in seconds. Lauren and this is day 18 of israel at war. The idf is intensifying its airstrikes against hamas terror targets in gaza as israeli officials are reportedly still deciding, coyou launch the the major ground offensive or surgical tactical strikes instead. The pentagon also keeping an eye on the elephant in the room here, iran. Its proxy forces in the region could be targeting our forces. Stuart thank you, lauren. President biden spoke on the possibility of a ceasefire in israel. Watch. U. S hostages for a ceasefire deal . We should have a ceasefire, not a ceasefire, we should have the hostages released, and then we can talk. [inaudible conversations] stuart okay. Todd piro with me this morning. Todd, the president says no ceasefire until the hostages are released. What do you say to that . That is not the right response, and the reason has nothing to do with the hostages themselves. This is not about rescuing the hostages, as sad as that may be. Israel is going to wipe hamas off the face of this earth regardless of whether or not there are talks with hamas or not. Israel really doesnt care about talking with hamas. Every guest has said the time for talk is over, were going to annihilate them. That said, we, the
United States<\/a> government and the israeli government, these to move heaven and earth to try and is rescue the hostages. Do not misinterpret what im saying. But in terms of negotiating with hamas, israel is not going to do that. And if we keep saying we are not going to interfere with their ability to wage war, then we need to listen to to what we say and abide by what we say. Stuart hostage taking is an effective strategy. In this case it works for the bad guys. For leverage, absolutely. Absolutely. But its tough to say this, because i put myself in the position like if my child or
Family Member<\/a> was there, obviously, id want you to do everything possible. With but weve seen over the course of the last couple years when you negotiate with terrorists with regard to hostage situations, it always works out bad for the country that has to give up something. Stuart i want to turn to the speaker election. Do we have to . Stuart im grade we do, yes. 67 of voters say
Congress Needs<\/a> to select a speaker as soon as possible. O. K. , we know that. [laughter] why cant the republicans get this tone done, todd . Because personal gripes between members are preventing them from doing the job they were elected to do. The average american is busy with the family, a rife, try a life, trying to get by. They are sick and tired of this circus. I hearken back when you go to a hospital, youre sick, youre injured, you dont want the nurses and doctors fighting and you on is sidelines sitting there dying but a you cant get help. I those thursdays and doctors have a job, its to save your life. These individuals in washington with, they have a job, they were elected by the taxpayers, do your job. Stop the fighting. Stuart id like to have a word with matt gaetz. I think a lot of people would. Its beyond partisan at this point. Stuart blow everything up, and you got nothing. Completely lost ground. What a mess. Anyway, thats all ive got to say. Youre going to stay with me for the hour. Yes, sir. Stuart thank you very much, indeed. Now, more on this subject even though it grieves me, there are 8 republicans who want to be speaker. My question for you, lauren, has donald trump thrown the his support behind any one of them . Lauren no, not really. He says theyre all calling him, but hes not standing behind any, at least not yet. Reporter i have to ask, would you endorse tom emmer for speaker [inaudible] your biggest fan, but he is the most likely candidate . Well, i think hes my biggest fan now because he called me yesterday and told me im your biggest fan, so i dont think about that. [laughter] were looking at a lot of people, im sort of trying to stay out of that as much as possible. Theyll get it straightened out. No, ive always gotten along with him. I get along with all of them. Lauren he also said only just christ could jesus christ could unite the whole party. You saw him, he started to cozy up with trump, emmer did, because he understands the trump sway on the party. Mick mulvaney, who worked in the trump administration, was on another network, and he said the vote for speakership is personal. Its not about policy. So some of these members might feel comfortable not voting the way they think trump would want them to. Speaking of personal issues. So, you know . Its a mess. Stuart personal issuesesome thats ridiculous. If you want to teal better about the policy,
Pete Sessions<\/a> was on my show, he basically said im 99 conservative, but im worried that 1 is going to cost me the speakership, and im willing to die on that hill which brings it back to policy. But, you know, implicit in that is a little personality. Its a mess. Lauren secret ballot today, will a candidate emerge to get to the floor vote. Stuart i insist we move to something rational, that would be the stock market. Look at this. Weve got a rally on our hands this morning. Dow up about 170 points. Nasdaq up 75 points. David nicholas joins us this morning. David, alphabet and microsoft. Google and microsoft, they report after the bell. I want to know if theyre making money from a. I. Isnt that the big concern of big tech at the moment . Yeah, stuart, it is. But i dont think were going to see a lot of revenue from a. I. Ed today, but i think youre going to hear what is their goal in the future. But i think if you just look at google specifically, look, this is all about doubledigit revenue growth. If we get 75 billion in revenue for the quarter, thats 10 growth. I think for google its more about youtube than a. I. , stuart, this is the unbelievable. 9 of all tv viewership was on youtube. Thats 1 more than netflix, and so thats driving growth at google. I think were going to see a knockout quarter for google, also moth as well. Microsoft as well. Stuart weve got a modest, solid rally this tuesday morning. How come . Weve got whats going on in israel, and weve got all kinds of other problems in the economy. Why is the market rallying who . Well, i think tech is driving this, right . And if you just look at the names that are reporting, microsoft is one of the best recessionproof stocks on wall street. And so when thesen
Companies Report<\/a>, microsoft has 34 billion in cash, has one of the strongest margins on wall street, operating revenues at 41, net income revenues at 34 . I think the street looks at that and says, look, theres a lot to be concerned about for stocks, but behind that tough macro environment there are some diamonds. And so this is the week that, i think, could save the market, stuart. If these
Companies Report<\/a> well, this is why the market is heading higher. This could be what the market these to get it out of the malaise, so its a very big week for stocks, stuart. Stuart got it. Big day today for microsoft and alphabet. Thanks very much, indeed, david. See you again soon. Biden keeps touting the success of bidenomics despite people still struggling with higher prices. Just watch this. I truly believe this countrys about to take off. Because for the first time in a long time were investing in america, and were investing in american people. Were investing in our future. I can honestly say ive never been more optimistic about americas future. Stuart tomorrow morning at i 8 30 eastern time were going to get numbers on the economy which may show 4 or even 5 growth. How about that . The pentagon says america will hold iran responsible for attackses on u. S. Troops. Iowa senator joan think ernst will join us. How should biden hold iran accountable . Israeli forces struck more than 400 terror targetses in a 24hour period. We have the latest from israel as the world awaits a
Ground Invasion<\/a>. Well be back after this. Trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the awardwinning trading platforms. Bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. Tailor the platforms to your unique needs with nearly endless customization. And track
Market Trends<\/a> with uptotheminute news and insights. Trade brilliantly with schwab. This is
Spring Semester<\/a> at over 13,000 us school districts, which have become top targets for
Ransomware Attack<\/a>s. But theres never been a reported
Ransomware Attack<\/a> on a chromebook. Which is why thousands of schools like the fairfieldsuisun
Unified School District<\/a> switched to google tools for education. So they can focus on teaching and 22,000 students can focus on learning, knowing that their data is secure. explore endless design possibilities. To find your personal style. Endless hardie\u00ae siding colors. Textures and styles. Its possible. With james hardie\u2122. Im on a journey to discover the human story of gold. How it shapes us. Were going down . And our world. Its a story. I thought i knew. Turns out its far more incredible. It takes your breath away. Than i ever imagined. Municipal bonds dont usually get the
Media Coverage<\/a> the stock market does. In fact, most people dont find them all that exciting. But, if youre looking for the potential for consistent income thats federally taxfree, now is an excellent time to consider
Municipal Bonds<\/a> from hennion walsh. If you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 18002173217. Well send you our exclusive bond guide, free. With details about how bonds can be an important part of your portfolio. Hennion walsh has specialized in fixed income and
Growth Solutions<\/a> for 30 years, and offers highquality
Municipal Bonds<\/a> from across the country. They provide the potential for regular income. Are federally taxfree. And have historically low risk. Call today to request your free bond guide. 18002173217. Thats 18002173217. Stuart still no
Ground Invasion<\/a>. The president is reportedly pressuring netanyahu to delay it until hostages are released. Trey yingst on the ground in uss israel for us. Trey, just because the
Ground Invasion<\/a> is delayed doesnt mean israels letting up on their attack, right . Reporter yeah, stuart, that thats exactly right. Behind us along the gaza strip we can hear occasion occasional explosions, the israelis are shelling from the ground and launching more ground strikes, more than airstrikes, more than 4000 in the past few 400 in the past 24 hours. They are hammering command centers and locations along the strip in preparation for that that looming ground offensive. It does come amid the backdrop of some good news. Two israeli civilians released by hamas as part of a qatari deal. Hear from one of them here, an 85yearold woman. Translator to tell you the truth, ive been true through hell. We never knew we would come into our situation. They kidnapped me, laid me on my side on a motorbike and rammed through a fence. Dozens stormed our houses. They kidnapped people like me. Theres no difference between young or old, men or or women. It was very, very painful. Reporter hamas was indiscriminate in the way that they took hostages and slaughtered so many people here. The israelis say 220 the people are stilling being held inside the gaza strip including that elderly womans husband. Today hamas commenting on the situation with an official in doha saying this [speaking in native tongue] translator i said we will release them and the announced that. But now they are distributed in other positions. Israel has killed more than 32 of them because of the destruction it has caused, so therefore, if netanyahu was keen on their safety, if the americans and europeans are keen, let them portion israel to stop their aggression, stop these brutal war crimes which are committed every day. Reporter hamas is lying, they are being held hostage inside gaza, and despite the propaganda efforts by the
Group Showing<\/a> videos of their gunmen giving tea and cookies to these elderly women, thats a just a spin. Hay wanted to keep them alive in an effort to have one bargaining chip against the israelis. Stuart . Stuart well said, trey. Idf
Service Member<\/a> ben joins me now. Were leaving out his last name for security reasons. Ben, the u. S. Is asking israel to delay the
Ground Invasion<\/a>. Whats if the feeling about that over there . Listen, these updates that were getting every day are, the situations here constantly changing. Obviously, our biggest concern is keeping the hostages that are stuck in gaza safe. And securing our borders as best we can. I mean, i have friends, teammates that have been burying loved ones, and these wounds are still fresh for us. So our main concern right now is healing as fast as we can, putting everything to the side and doing what we do best which is getting back to our training. And, again, just keeping our people safe. Stuart are you eager to launch the
Ground Invasion<\/a> . Do you want to go in . I mean, i, i want to get the people of israel their [inaudible] back as safely as possible. Whatever that means, messily. Obviously, i signed up to do this, so if im called in, thats what i have to do. I dont want to see anyone get hurt, obviously, but at the end of the day whatever orders i get, im going to carry out as best i can. Stuart ben, are you ready to go . Personally, im ready. My team is ready. And it obviously just is depends on how the situation progresses and what the higher command wants from us. Stuart ben, thanks very much for being with us this morning. We appreciate it. We feel for you. We wish you the best of luck, sir. Thank you very much. Thank you for having me. Stuart join
Fox Corporation<\/a> in supporting the
Israel Emergency Fund<\/a> in association with the united jewish appeal. Just scan the qr code here on donate at ujafedny. Org. Congresswoman alexandria ocasiocortez going after netanyahu. What is she saying in. Calling out biwisconsin for that bibi for that 2019 decision to ban
Rashida Tlaib<\/a> and ilhan omar from visiting israel. Listen to aoc. I found it shocking when in 2019 or 2020, many our first term of the house of representatives, when
Prime Minister<\/a> netanyahu banned two
United States<\/a> siding members of
Congress Sitting<\/a> members of congress from coming to israel, representatives
Rashida Tlaib<\/a> and ilhan omar. My own colleagues did not seem to say or do much of anything. That should be an affront to our entire government and country. So if thats all youre getting, you may hear that and be like, wow, aoc, that does sound like an affront. But she left out one key informational fact. Both tlaib and omar rejected invitations to travel with a bipartisan delegation to the west bank to be briefed on security issues. Youll recall, stu, they decided they didnt want to do that because, lets be realist in, they wanted the photo op, the sound bites attacking israel, and bibi, benjamin netanyahu, said, no, youre not going to do that in my land. If you want to come here and learn about
Israeli Security<\/a> with a bipartisan delegation, have at it. Youre more than welcome. If you want to do something different, you cant. Stuart the squad leads the charge, prohas ma charge, entering lies into the
United States<\/a> congress. Thats what heir doing. This is outrageous. And weve heard the reporting on your show about
Rashida Tlaib<\/a> not once, not twice, not three times, saying this hospital attack was not done by israel, yet she triples down because she knows once that gets into the ether, there are people that are going to believe her because she is a sitting congresswoman. And that is wrong. Stuart that tweet, by the way, has been viewed 37 million times, and its still up there. Thats bad. Stuart very bad. Check futures, please. Here we go, weve got some green here. Dow up 130, nasdaq up about 50. The big stocks were watching, google and microsoft. They report after the bell later on this afternoon. The opening bell is next. adventurous music be ready for any market with a liquid etf. Get in and out with dia. She runs and plays like a puppy again. His 2s are perfect hes a brand new dog, all in less than a year. When people switch their dogs food from kibble to the farmers dog, they often say that it feels like magic. But theres no magic involved. dog bark its simply fresh meat and vegetables, with all the nutrients dogs need instead of dried pellets. Just food made for the health of dogs. Delivered in packs portioned for your dog. Its amazing what real food can do. Hey you, with the small business. Whoa. Youve got all kinds of bright ideas, that your customers need to know about. Constant contact makes it easy. With everything from managing your social posts, and events, to email and sms marketing. Constant contact delivers all the tools you need to help your business grow. Get started today at constantcontact. Com constant contact. Helping the small stand tall. Stuart just three minutes to no before the opening bell. Dows going to be up about 150, nasdaq up 61 points. Michael lee with us this morning. Alphabet and microsoft report after the bell. First of all, google. What are you expecting . I expect something pretty good from them. Nothing crazy. You know, the stock has an overhang with department of justice lawsuits and some of their anticompetitive practices. But googles made some break trues in breakthroughs in quantum computing, they have the sunday nfl ticket on youtube tv or, so ill be interesting to hear how the the
Cloud Business<\/a> is doing, search and advertising is doing, but i expect some pretty good numbers but nothing crazy are from them. Stuart i want to hear about youtube. We justed had a guest on telling us 9 of all tv watching is gone through youtube. I dont think theyve monetized it properly yet. That could be a really big deal for them. Look, stuart, my opinion is that google would possibly be worth more if they broke with it up because he was all these unbelievable businesses. But without that, you know, they wouldnt have as much control on basically the world as they do right now. Stuart okay. Microsoft. What do you sea . See . So the key for microsoft is a azure, their
Cloud Business<\/a>. What does the growth look like for them. The estimates are about 25 yearoveryear growth, and that is on a massive business. So that growth in the cloud is going to be the make or break for the performance of the stock. So do we beat this high 25 growth hurdle, or to do we or does it come in attic at, like, 32 or 23 . A miss 22 or 23 . Stuart what about a. I. . I thought we might see some
Financial Results<\/a> from a. I. In this afternoons report. Yeah, you know, this is a company that does hundreds of billions of dollars in revenue, so for them to have anything meaningful from a. I. , i think, is a long way off. They definitely benefited from being the owners of openai, and im sure people will want to hear that. But the
Growth Engine<\/a> for this company at the moment is the
Cloud Business<\/a>, and everybody moving to the cloud. And microsoft has, you know, thats a massively growing market, and microsoft has been taking share away from google and from am ason. Stuart your best bent hoe, i think, is meta. Youve got 20 seconds. Tell me how good its going to be. The the price the earnings multiple in the mid teens, the earnings are going to double yearoveryear, so if they can convince the street of their k costcutting plans going forward, i think the stock is up for further growth. Stuart okay. Well find out this afternoon, 4 00 eastern time, on fox business, of course. Thanks very much, mike. See you again soon. They are clapping and cheering. We see this every day. Theyre going to reach forward, hit the button, and the market will open. One day id like to see them not do it lauren there was many hands on that button. Stuart weve opened with a nice rally. Look at that. The dow is up 147 points, back above the3 3,000 level. About twothirds of the dow 30 stocks are in the green, that means theyre up, and weve opened up with ad modest rally. Modest, i dont know how to characterize it. 170 points. Fine, leave it at that. The s p 500, 4,290 is the level. The nasdaq back above 13,000. Big tech, im figuring theyre all up and, yes, they are. Alphabet, which reports this afternoon, up 1 . Amazon up 1 . Meta up nearly 11th. Microsoft is up 1 . Apple, 1 is 73 is your price. Some
Companies Report<\/a>ed before the belled today. Start with general motors. Lauren wow. Stuart ooh, well below i guess the strike has an impact . Lauren theyre putting numbers on it. That strike is costing them 200 million a week. Stuart ouch. Lauren for the month of october. So they withdrew their fullyear guidance. This report are, in my opinion, is all about inflation. If or when there is a deal with uaw, gm is playing 20 plus percent more in wages. That is inflationary. They did say that even with that they can still make money and be profitable, but, i mean, maybe wall street is doubting that. As for last quarter, 3. 1 billion in profits, and that was better than expected. Stuart and now theyre at 28 a share. How about that . Coke e. Coli, they were out this morning cocacola. Lauren stock is up 2. 7 thanks to price hikes. So the average price of a cocacola product up 9 , but heres the good news, volumes also grew. Is so they told 2 they sold 2 more at 9 higher prices. Pricing power. Stuart right. Lauren and you have to start the thinking about a coke as an affordable luxury. Youre going into the deli or youre at a restaurant, you order a meal which costs you an arm or a leg, youre adding on the energy drink, the bottled water, the soda. I know that doesnt say much about where we are, but its working for cocacola. Look at that, the stocks up 3. 7 . Stuart its interesting what lauren thinks of as luxury. If thats all it take, im going to run over there and get you a diet coke. Lauren its another, like, 4. Good way to save money. Stuart
Minnesota Mining<\/a> and manufacturing, used to be lauren good job. Up 5 to almost 90 a share. They raised their fullyear profit forecast but not because of big demand, only because of price hikes. They acknowledge the consumer is weaker, and theyre going to be cautious about further price hikes from postit notes and the electronic display scenes that they make. Also litigation, thousands and thousands of lawsuits with the ear plugs used by the military and also with forever chemicals in some of their products. Stuart
Pay Attention<\/a> to the bottom righthand corner of the screen. You will see the dow is on a tear, up nearly 275 points. Okay, alphabet and microsoft report after the bell, as weve been telling you. Lauren, start with, say, alphabet . Lauren mike did a good job. Theres optimism on advertising spending and on artificial intelligence. You have the hollywood strikes, thats pushing viewers and also ad dollars to youtube. Stuart yep. Lauren cloud growth. Its expected to be strong for their bard, thatsing googles chat9 bot, but theyre also working on something called gemini. Its expected to launch in this final corn quarter of the year. Overall, doubledigit increase in revenue to just shy of 76 billion. Thats the expectation. Stuart now deal with my
Favorite Company<\/a> known as microsoft. Lauren should i tell you shares are down 7 stuart i do know that. Im aware. Lauren okay. Can they convince investors that theyre monetizing artificial intelligence, or did expectations get ahead of reality . I mean, i think thats a fair point to make. Mike was talking about azure, the cloud growth. Can it reaccelerate. Can they get to, like, 27 growth. And if they can the, what do they say after that, whats their guidance or is the reacceleration of the cloud growth just a oneoff. Also any news or commentary on how theyre integrating activision bliss a ard. Stuart thats right. Because they have now got em. Right now theyre at a 331 per share. Got that. Lets have a look at nvidia and arm. Lauren they just got [inaudible] here in the u. S. To make chips for pcs, thats disastrous for intel because intel, more than half of their revenue comes from the chips that it makes and sells for pcs. For nvidia this is all all about beating apple, because apple has custom chips for macs. Reuters is reporting that, yes, nvidia and amd are working on armbased chips for pcs. Nvidia plans to have one on the market by 2025. So as i see this, invidia dominates the market for art artificial intelligence, and now its coming for pcs too. Stuart and intels stock is actually up this morning. Lauren rawsh fell yesterday when this came out. Stuart is a look at lets have a look at these diet drugs. Eli will lily, though slow nor disk, big success. How big is that weight loss market going to be . Lauren four in ten americans are obese, so
Goldman Sachs<\/a> says the market will hit 100 billion by the year 2030. Thats just in the u. S. Their projection is based on there being 15 million american adultses on an obesity truck by 2030 out of drug out of 105 million americans who are obese or overweight. Thats just adults. Thats not including children. We though these companies are also testing on kids, right . We know that novo nordisk is the
Biggest Country<\/a> company in all of europe or, right in lie are lily, heir trying to get eli lilly, theyre trying to get apyle. Stuart we only started talking about those drugs, what, eight months ago . Its going to be the a. I. Of drugs. Theres a correlation there, right . A. I. Just skyrocketed and nobody was talking about it two years ago, now these drugs skyrocketing. Stuart i think weve got time for a few more if earnings reports that came out earlier today, general electric. Look at it go. Lawrt. Lauren planes are flying for longer periods of time so they need more service, doubledigit growth in orders for them, cash flow. Final point, not only do did they raise their fullyear profit forecast, they did so for the third time. Stuart have we got time for raytheon . Lauren stock up almost 6 . Stuart huge gains today. Lauren yep, good day. Stuart
Border Patrol<\/a> warns that hamashezbollah fighters could be coming across our border, southern border. Are they already here . Good question. President biden wants more than 100 billion in aid for israel and ukraine. Will congress approve it . Senate finance
Committee Member<\/a> bill cassidy can joins us later. And biden wants the
Ground Invasion<\/a> of gaza delayed. What does larry kudlow think about that . I dont think larrys going to be happiful hell join us after this happy. Hell join us after this. If your child has diabetes, youll want the most accurate cgm, dexcom g7. Its on. And, hes off. You can see his glucose numbers right on your phone, so you can always be there for him with dexcom g7. Teeth sensitivity is so common. It immediately feels like somebodys poking directly on the nerve. I recommend sensodyne. Sensodyne toothpaste goes inside the tooth and calms the nerve down. And my patients say you know doc, it really works. You got this. Lets go. Gobble gobble. Ive seen bigger legs on a turkey rude. Who are you . Im an investor in a fund that helps advance innovative sports tech like this
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President Biden<\/a> says there will be no ceasefire in israel hostages are released by hamas. Alexandria hoff at the white house for us. What does this mean fors israels
Ground Invasion<\/a> . Reporter well, stuart, we dont exactly know yet. There have been reports that the
United States<\/a> has been urging israel to delay that invasion on the hopes that we would get more hostages out first. But when it comes to
Something Like<\/a> a ceasefire, the administration has been careful not to the even use that term. You can tell when the president s rephrasing when he was originally asked about a potential ceasefire that that is not going to be part of the conversation until hostages are released. That is something that is not going to go over well with the progressive members of the president s own party. Theyre going to see that as a blow. Theyve been urging the president to call for an immediate ceasefire and have not stood by the stance that israel has a right to defend itself. On the president s demand that all hostages must be released first, the white houses john kirby added this. I thought the message was pretty clear to hamas, release all the hostages. That needs to be the first move here. Theyve got to release all the hostages. Were not talking about a ceasefire right now. In fact, we dont believe that this is the time for a ceasefire. Israel has a right to defend themselves. Reporter the administration once again, they have not confirmed those reports that the has urged israel to delay a
Ground Invasion<\/a>. John kim by did confirm kirby did confirm that a, quote, few military officers have been sent to israel there to advise on the looming
Ground Invasion<\/a> into gaza, so it appears that is still coming. Israels saying the decision remains with us, not the
United States<\/a>. And kirby added hat administration is concerned over humanitarian aid potentially palling into hamas hands falling into hamas hands but theres been no evidence of the three convoys that have gotten into gaza so far being diverted. And the example of fuel was given as something hamas is desperate to get their hands on, so far no fuel has been part of those three convoys that have gotten in so far, stuart. Stuart alex, thanks very much, indeed. Lets bring in larry kudlow whos to got an opinion to share. Larry, the president seems to want to delay a grown invasion of gaza, possibly he doesnt want it to trigger a wider war. What do you think of that . I think hes gone complete wily wobbly, and i think right now hes undermining israels position. I mean, i dont know, his staunch support of israel, quoteunquote, lasted a few days, a week maybe . Now you get all these ambiguous rumors. I know nothing has been confirmed, you know . He asked at the airplane over the weekend are you postponing the invasion for hostages, he says, yes, hen they walked it back. Then yesterday what he said made no sense at all. Then they tried to walk it back. Heres the thing, we need warriors in this white house. Not appeasers. And, unfortunately, i dont think were going to get it. Not only should the israel and idf be handsoff allowed to annihilate hamas which is the best way to get any hostages if youre going to get any, scare the bejesus out of them, but let us not forget over 30 americans were killed, maimed, heads cut off. John ratcliffe told us that last night on the show. And 1015 americans may still be held as hostages. And our ships are being attacked. And our embassy in iraq is being attacked. By iranian puppet es. The sanctions on iran have completely failed. Iran is now flush with cash. The
Ballistic Missile<\/a> sanction in the
United Nations<\/a> has been allowed to expire. What is it that that they think theyre doing here . What is it that they think theyre going to do to help israel by allowing all these things . We are at war, the
United States<\/a> is at war, with iran and irans proxies just as israel is at war. And the question is, whos going to save america and whos going to save israelsome i dont see the bidens do doing it. Stuart if we are now appeasing iran, and thats what youre saying, its not going to work. So what should we do with iran . Immediately, immediately restore the sanctions. Interdict the shipping. Impound any vessels that are carrying oil to china or wherever. Impound vessels or that are carrying drones to russia or wherever. Stop banking. Take the israel and third parties out of the
Federal Reserve<\/a> wire and the clearinghouse banks wire. These were, by the way, these were sanctions that were strictly enforced by the trump administration, and they busted iran. Iran was broke. Iran had no oil. Iran had virtually no
Foreign Exchange<\/a> reserves. Now theyre flush with cash. Why is this . Because the bidens have permitted the sanctions to expire. Even on the
Ballistic Missile<\/a>s, thats expired. Look, stu, youve got to have a deterrence policy, not an appeasement policy. And probably the best deterrence policy that weve set all along for two and a half years is to enforce the sanctions. Strict the enforcements and bankrupt iran again so they dont have the resources to finance all these myriad terrorist wars including the the barbaric invasion of hamas. Stuart you make a lot of good sense, larry. Well be watching you this afternoon, 4 00 eastern. I want more of this, and ill if be watching. Everybody will be watchingful all good stuff. Larry kudlow, thank you very much, indeed. Heres what we have coming up for you. The socalled squad, theyve got no shame. This group of farleft democrats lies to the american people. You have to wonder how they can be in good stand anything their own party. Thats my take coming up, top of the hour. House republicans will meet again today to vote on a secret ballot for their next speaker nominee. The circus continueses, after this. This is
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Magnolia Home<\/a> james hardie collection. Available now in siding colors, styles and textures. Curated by joanna gaines. Explore endless design possibilities. To find your personal style. Endless hardie\u00ae siding colors. Textures and styles. Its possible. With james hardie\u2122. Heres why you should switch fo to duckduckgo on all your devie duckduckgo comes with a builtn engine like google, but its pi and doesnt spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. And theres no catch. Its fre. We make money from ads, but they dont follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. Stuart seven republicans have now thrown their hats in the ring for house speaker. The conference will choose a candidate behind closed doors today. Okay. Chad pergram on capitol hill. d chad, could we see a full house vote today . Reporter possibly. Its a roll of the dice. Republicans right now are trying to whittle away that list of candidates in this closed door meeting. They will vote by secret ballot later today in this conference meeting, but not all republicans are committed to supporting the nominee on the floor. Listen to republican chip roy of texas. Well see. I didnt sign the pledge thing thats going around. I think we need to focus on making sure someones going to lead this party in the right direction. Well hear from all nine. Theres a number of good guys, theres a number of those guys that i could support on the floor, but well see how it plays out. Reporter there are seven candidates running for speaker, gary palmer of alabama dropped out. Still, lawmakers are optimistic they can settle this soon. Its about the math. The winner can only lose four gop votes on the floor. Its a tight turning radius even in the best of circumstances. Im just wondering if we get to see
Punxsutawney Phil<\/a> or were going to have seven more weeks of winter. Weve got to deal with government funding, israel, ukraine, the farm bill extension. Weve got a lot to do. Reporter nerves are frayed as the house enters its third week in a deep freeze and unable to legislate. Republicans are starting to worry about what their constituents think about this turmoil heading into an election year. Gop members are embarrassed. Their as frustrated as we ars as we are, and theyre angry. In fact, week i showed some of my anger, and the folks i represent want a solution. We owe it to them. If anything, we have to the act like mature adults and come to a conclusion. Reporter now, held be the third the secret ballot this would be the third secret ballot in as many weeks, they hope the third is the charm. They dont want to go to the floor and lose yet again. Stuart . Stuart chad, thanks very much, indeed. Pod todd piro is still with me. We started the show with eight, and now were gown to seven lauren nine yesterday. If you lose one per hour, so were down to five by the end of the show, and then they go into cavuto and and payne lauren does end up with
Kevin Mccarthy<\/a> being speaker again . Is he the only one that can get 217 . Stuart good with question. I have no idea. And if thats the case, that really hurts republicans, i think. Joe bidens given them a golden opportunity to win in 2024. If republicans say, hey, look, we messed up the government unnecessarily for lauren war in israel,
Government Shutdown<\/a> potentially next month. Apologies. Stuart everybody will forget about this republican nonsense sense in the house. Theyll still vote republican next year. I doubt that. This is so bad. It is so stupid that i think memories will be long. I think people remember this. I agree with you. Stuart and they should remember it too. If youre incapable of governing, dont get elected. Happy tuesday, stuart [laughter] lauren i thought you were bored with it . My, mr. As always. Stuart quick check of the markets, were up 200 points on the dow, up 80 on the nasdaq. Still ahead, senator joni ernst. Brian kilmeade on the embarrassment of
House Republicans<\/a> and the plan, if there is one, for matt gaetz. And his new book, kirk cameron is hoping to teach children to love the enemy in a world torn by conflict. Hes going to tell us about that. And congresswoman young kim on whether or not she supports bidens 100 billion aid package for israel and ukraine. The the 10 00 hour is next. Trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the awardwinning trading platforms. Bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. Tailor the platforms to your unique. And track
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