Biggest ipo in history but questions still swirling ahead of alibabas debut. Fox business confirming that alibaba will seek a higher pricing range today, likely above 66 a share. Sources citing overwhelming demand as the reason for the push. Here now to discuss, weve got our very own Charlie Gasparino, jack hough of barrons and Jake Schaefer of schaefer Asset Management and in a fox business exclusive. Anthony scare my think. Fox business contributor. Welcome to the show. Thanks, melissa. [inaudible]. So successful the way we things will play. Where do you think they will price, dude . Okay. So, im saying in the 70 to 72 range. This is based on a compendium of mutual funds, Hedge Fund Managers and capital mark experts in the investment bank. This is Unbelievable Company and jack ma will want to price this thing not the way google got priced or the way facebook got priced. [inaudible]. It is 70 to 72 pricing. This stock will trade anywhere 10 to 15 points higher on opening. Of course if it is higher than that range, that will be less. Melissa anthony, well try to improve your phone connection for a second here while we talk about this because were having a little bit of a hard time hearing you. That is way above the range. He says it will get a massive on. Here is my problem melissa 70 to 72. Right now theyre saying 66. Why is that . Anthony is plugged in with who . David tepper, steve cohen, leon kuperman. Melissa biggest names out there. He knows they will buy this theyre in this. This is hedge fundfriendly deal. Here is my problem for the retail investor. The retail investor, theyre not in the deal at the ipo. They will get in the secondary. You will have to buy it after it pops. After it pops, likely at some point, could be soon since so many hedge fund are in, likely to go down. They will flip some of this stuff. Melissa do you agree with that. I agree with charlie saying. I dont agree with the price being 72. Melissa you dont think it will be that high . Jack ma had experience with alibaba in hong kong and it was bad ipo and pulled it within 2012. Melissa why is that relevant now . Now were in the middle of this big bubble where we have some tech ipos and has he learn his lesson . When he was deciding between the nasdaq and New York Stock Exchange that was very critical decision for him. He wants to make sure he prices it right, has support and doesnt want to he associate stock go down. He will give, in my opinion, he will give room for individual investor to get in. Melissa i think we have anthony back. We can hear him better. You were just trying to reestablish a phone connection much i dont know if you heard that but there are doubters about on the set on the pry range. That sound too high. Where are you getting that. That is basically coming from a whole group of Hedge Fund Managers, Capital Market experts and some of the mutual fund were talking about. If that price is too high, then that is good news for the investors, melissa. But i do think theyre going to trade this thing with a seven handle. I do think it is, i know early talk was 66 but im guessing 70 to 72. That will still be a premium there. That is a headline there. You think it will trade as high as 70, 72. I would say this, anthony, like your guys, tepper, the guys you know with and deal with it every day, are they in this thing, mr. Tepper, cooperman, mr. Cohen. I dont want to talk about the specific guy charlie, because it is anybodys guess depending on the price. These situations are super fluid but the demand is there. One of the services that we have is a Research Service that just focuses totally on ipos and they run a 1500 manager survey. Right. You have the demand there. The report that reuters is saying retail demand is not there. Melissa i was going to ask about that . That is totally untrue. The demand is there. Isnt it possible get it at ipo price and flip it and retail guys are holding the bag. Charles, possible . You know it is 100 that is going to happen. Most of the early investors flip these things and most of them are wearing dolphins on back of their sweaters. That is basically what happens in this. But this is phenomenal company and play on china. Melissa know he. Wouldnt be surprised if the stock goes to 100. Melissa i also want to ask you, mitt romney continues to down play rumors he will make his third bid for presidency. I know youre a good friend of the governor. Before we let you go, what is latest on that . I dont think he is 100 made the decision, melissa but a couple factors could happen. If governor burn, jeb bush drops out or declares he will not run i think that puts governor romney in the poll position. He has precedent there. Reagan did it in 68, 76 and 80. I can testimony you right now the governor has a very strong following including myself. He would be my number one draft pick. What is your gut, anthony, does he do it or not . I think he will do it. He says he will do it. I dont think there is any reason not to do it. His family is behind him. That is a headline. Everything he said about the last three years has unfolded. He a grad manger. A great chief executive. My guess he i will be better on stump. You think he will do it . I do. You and neil cavuto. You guys need to share a cup of coffee because you both agree with each other. Melissa well be following up in the runup to alibabas big debut. All week long on fox business you dont want to miss what our insiders have to say. Apple scoring unprecedented victory in the financial sector, this is according to the financial times. Banks will fork over 15 cents for every one hundreds on apple pavement not everyone is being accommodating. Walmart and best buy refusing to take in part with apple pay. Jack, what do what do you think . This is unprecedented. Im surprised it was so little, 15 cents on every one hundred. So little for now. Well see what happens. Banks are going along with it because this is replacement for the credit card but not replacement for the bank as company taking care of credit card receivals and banks are hoping transactions will go higher as people find it easier to buy stuff. Dont take too much, when walmart and best buy are not in. Theyre not in yet. If this thing takes off theyre in. They cant afford to be choosy who theyre taking sales from. Melissa no, amazing folks that are in. Chase, citi, wells fargo, bank of america. Macyss bloomingdales, walgreens, mcdonalds, nordstrom. There is nothing new about the technology here this is aboutp a he will pest a ability to cut deals with these big names. Melissa absolutely. Reports are saying that googles Autonomous Car need ad little help to pass the first road test. Records show that google engineers had to intervene twice during the 2012 exam. That has me concerned. They had to take control of the car. Charlie gasparino, what do you think about that. Im still blown away alibaba will trade above 70. This, great story, by the way. I have melissa no comment on google . Dan, what would you like to comment on . You can pick your topics that we covered so far . Talk about charles live. Like to say that with this google car situation, im nervous about this they had this in a test where there is no weather problems. The roads were clear. Im nervous about cars driving themselves . This is me driving in 10 years right here. This is what it looks like. Had 1 2 probation you would end up somewhere in the forest . Right. You heard of flash crashes. Melissa the car flash crashes. All at once. This is one of my favorite stories of the day. Australian pizza hut apologizing for unusual promotion with a pet after they were ratted out by concerned citizens. The Melbourne Branch posted this sign, offering a small animal, with the purchase of 10 large pizzas. This is one of the oddest pairings. Would you like a rat with your pizza . I dont know if that is such a great idea. Youre not supposed to eat the hamster. Should have explained that to customers in australia. Never a good idea from marketing standpoint melissa to conflate. Pizza and anything hairy do not go well. Ive been hearing a lot of stories about disgusting stuff at fastfood restaurants. Melissa this tops it . Well, the mcdonalds story that melissa no, no. No, no. Not doing that. No, no. Will tell you offcamara. Melissa no, google. Charlies, whatever you want to do, were not, not, not, doing that story. Go to charlies twitter feed. You can see it. In the wake of another brutal murder by isis terrorists the white house is working over time to Broaden Coalition against militant group. Hurricane slamming the coast of mexico. The vacation paradise, devastated as thousands seek shelter. Will it hit the u. S. Next . Hold on tight. More money coming up. Melissa secretary of state john kerry joining leaders and diplomats from more than 20 countries today for an emergency meeting on isis. The nations convening in paris to formulate a cohesive global strategy for combating the now Richest Terrorist Group in the world. The crisis summit following beheading of a third western hostage that is british aid worker david haines. Joining me now, chris harmer, for institute of study of war. We also have byron york from the washington examiner. Byron, let me start with you. We have 20 countries getting together, putting together a plan we hope. Does this strike you as meaningful or is this more talk . It strikes me as a lot of talk and a lot of an administrations effort to get some cover for what is likely to be almost exclusively american operation. And one of the stories that is coming out about that is that the United States, in some quiet way, tried to enlist iran as part of its efforts and were rebuffed by the leadership of iran, which certainly has to be a story that will embarass the administration and enrage some members of congress who dont want to see the u. S. Having anything to do with iran, even in the fight against isis. Dierdre even in this type of situation. Chris, let me, senator Lindsey Graham was on fox news this weekend. Making the stakes very high for what is going on. Let me play the sound for you and ask for your reaction on the other side. This is the last best chance to knock them out. Then they will open the gates of hell to spill out on the world. This is not a sunni versus sunni problem. This is isil versus mankind. Melissa chris, is it that serious. Absolutely. A pleasure to be with you. I agree wholeheartedly with the substance of that statement. General mcarthur described every military disaster can be described in two words too late. The longer we wait to target them for destruction the more expensive and deadly till will be. As a strategic planner with the pentagon, your strategy is what your budget says it is. Right now we havent gotten through supplement appropriations to battle isis. We have not reprogrammed force fund to fund structure. Were fighting isis out of side on sideline show. Were not taking this very seriously. Melissa byron, speaking of money, that is the maim name of the show, theyre accelerating in terms of their fundraising. Reports they were getting a Million Dollars a day in revenue for all the various illegal things theyre doing. Oil smuggling, human trafficking, threat, theft, whatever it is theyre doing. Now that has gone up to as much as three million a day. How meaningful is that. It is very meaningful. Unfortunately they have a lot of ways to get money. They have capture ad lot of areas that produce oil. Even though they sell it at below market value, they still get a lot of money with that. They get a lot of money with ransoms. They asked for 125 million for james foley, the american who was beheaded there. Melissa right. Other countries have paid them ransom. They get that money. They just steal it as well. When they take over a city, if the town, if theres a bank, money anywhere, they just take it. Isis unfortunately has a very, very strong source of money through its various activities. Melissa chris, you know it is so hard. Over the weekend you see another video, another life taken. It feels like this problem has gotten so far out of control and we arent doing anything. Is that a fair criticism . Can we believe the president is doing something, is gearing up and were about to really see it . Its a fair criticism in the short term. As always i refuse to accept the notion that america is incapable of to defeat these guys. We beaten everybody we put our mind to defeating. Just issue of organizing support and organizing the strategy and enacting strategy. These guys are imminently beatable. We have to put our mind to it and do it. I want to agree what byron said about the financing. These guys have almost a zero cost basis. They get all the stuff for free. They invade territory. Get all the bank. Get all the cash reserves, hard currency, all the gold and silver. The oil theyre picking up for free. I dont care what the selling stuff, they got it for free. Ran in and took it. It is 100 profit for them. Melissa gentlemen, thanks to both of you. Appreciate it. Turning back to the markets. Want to show you oil. We were talking about that. Oil prices are rebounding despite dismal Economic Data out of china. Factory output growing to sixyear low. Alan knuckman is watching the trade in the pits of cme. This is another day, everything were talking about going on overseas there is lot of oil on the market. Whether were talking about the illegal black market oil or this idea china may not consume as much as we think theyre going to. Right but if you look at things technically im very encouraged by the action weve seen in the last 10 days or so. Last few days we made new 16month lows and closed higher on session. We attacked the lows and didnt quite get there and ended up positive. Oil is trading 65 between 15 for the last five years, the midpoint is 90. That is important pivot we want to keep eye on from reward to risk standpoint this is area to buy in and look at individual stocks at a discount after the selloff weve seen in the oil market and energy stocks. Melissa absolutely. Oil prices down 14 since midjune. It has been a real slide. Alan, thank you so much. Just hanging out with some friend. It has been 20 years since the likes of rachel and monica started hanging out in this new york coffee shop. Now it is back in lower manhattan. Were live from central perks, as fans take a trip down memory lane. Plus samsung unleashes the newest weapon against the iphone 6, the stylus people have to cringe a little. Do you ever have too much money . [ breathing deeply ] [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath. [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. Now we invite smokers to quit, too, with our comprehensive program. We just want to help everyone, everywhere, breathe a little easier. Introducing cvs health. Because health is everything. No. Not exactly. To attain success, one must project success. Thats why we use fedex one rate. Their flat rate shipping. Exactly. It makes us look topnotch but we know its affordable. [ garage door opening ] [ sighs ] honey, havent i asked you to please use the we dont have a reception entrance. [ male announcer ] ship a pak via Fedex Express saver® for as low as 7. 50. [ male announcer ] ship a pak via Fedex Express saver® 58 seconds on the clock, what am i thinking about . Foreign markets. Asian debt that recognizes the shift in the global economy. You know, the kind that capitalizes on diversity across the credit spectrum and gets exposure to frontier and emerging markets. If you convert 4quarter p e of the s p 500, its yield is doing a lot better. If youve had to become your own investment expert, maybe its time for bny mellon, a different kind of wealth manager. And black swans are unpredictable. Melissa from the u. S. To every corner of the globe money is flying around the world today. Starting in france. Where air france pilots strike more than half of its flights were canceled today. Tomorrow will be even worse. Only 40 are guaranteed to run. Air france is under pressure from rivals to offer much cheaper fares. Over to taiwan, where the engines of fellow airline eva air are purring nicely now that a famous kitty is on board. It is hello kitty. Wow. Used to be for United States to europe. They are complete with pink head rests, hello kitty mellon slices. I would love that. I really like hello kitty of. Littleknown fact. Landing in the netherland where people have been protesting sanctions by russia throwing tomatoes at each other. The dutch have been angry after the russians stopped importing european goods. Theyre throwing i dont know, i dont get it . What is the point . What a mess. What are they doing . Samsung made the iphone 6 the apple of their eye, obsessing over the new smartphone in the latest ad campaign. First saw the bigger screen, were like, you look like youre talking into a piece of toast. The note is an unwieldy beast. Now it is not being dismissed by competitors. It is being imitated. Apple thinks their fablet is fresh idea when Samsung Mobile has been act selling for year already. Hashtag next big thing. Melissa here marketing maven bruce terkel. Jack hough is with us. Bruce, that doesnt work. Why is greating . It doesnt work for a couple reasons. First of all it doesnt work because the samsung is copy of the iphone to begin with. Second of all it doesnt work because sarcasm does not work in advertising. It is simple rule. The problem with those who get it, get it anyways, those who dont never will. People watch this they have no idea what theyre talking about. Melissa im real big trouble if sarcasm doesnt work. Well have to talk about that of after the show. That is basis for most of my stuff. Jack, what do you think about this one . One of problems theyre trying to say apple isnt cool and it is. Hard to win that argument. Feels like samsung is apples new ad agency. They spend all their time melissa talking about them, thats true. During the early part of this year, apple had really not that much of a bilge deal out in terms phones and samsung barely kept up with apple with its latest, greatest model. Now were going into what could be a record upgrade cycle for apple. I think samsung is feeling a lot of pressure right now. Melissa this is for two apologists, jack how much. Responding to the backlash of apples forced album release. Saying quote if someone doesnt like the gift they should delete it. People will be thrilled to get a gift. Bruce terkel, what do you think about this one . People will be thrilled to get a gift. No one on my show staff beca