Waiting for. He pointed the way for tesla to speed up the production of lower priced cars. That, he thinks, will bring in far more ev buyers. Hes also all in on robotaxis. Investors seemed to like the idea of kind of transforming the company. The stock is up 11 . That is huge. Overall, stocks adding to some of the gains there from tuesday. The dow, though, down 65, s p up 3. The nasdaq doing well thanks to tesla, thats up 86 points. Interest rates pretty much in check. The 10year treasury is just above, well, no, its moving higher now, 4. 65 . Maybe that thats why some stocks are coming down just a little from their highs. The 2year, it was well below 5 , it still is, 4. 95 there. Little movement on bitcoin. What happened to the halving event . Bitcoins been stuck around 66,000 for days. No are recovery for gold. It had hit well above 2400 last week with, now its 2335 and and now down 6. Oil 83. 20 right now. Gas, no change. 3. 66 for regular, and and diesel is down 1 cent, 4. 02. Politics. Hamas if exerting its influence on College Campuses and americas politics. The tenting at columbia has grown. The authorities have given another 48 hours to negotiate a clearout. It is hamas that is organizing these protests across the country. In wisconsin 8 of democrats primary voters went for the uninstructed ballot. That is a hit on biden for his israel policy. In pennsylvania, summer lee, a squad member, won her race. That is a reflection of antibiden feeling. She used the word genocide in the or her victory tweet. And demonstrators showed up at senator Chuck Schumers highs in brooklyn last night house in brooklyn last night. Republicans are standing up against the antisemi. Tick tide. Speaker johnson will speak to jewish students at a columbia this morning. On the show today, Congress Says tiktok, it tells them, youve got one year to sell to a nonchinese owner or youre banned. Now comes the hard part, getting it done. The chinese dont want to sell. There will be long court battles, and its 170 million more than users dont all want to go elsewhere. A lot of hem vote. Wednesday, april 23rd, 2024, Varney Company is about to begin. Stuart all right, everyone. The antiisrael protests continue at Columbia University many new york city. Two deadlines for clearing out the tent encampments, midnight and 8 a. M. This morning, theyve come and gone. The latest, please. Basically, we just have to clear these people out. Youre having a lot of protests that are here underway, and like you said, theres going to be a lot of sort of antisemitic tide that are coming in. People want to see what these universities can do, can they clear them out. You had a lot of arrests at nyu and columbia in the last few days trying to see if nypd is can clear these people out. Again, stu whats so interesting is columbia and nyu would be the largest property taxpayers in the city, the largest property tax owners, but they are exempt. Does money change the tide . Does federal funding change the tide with all of this . Thatll be interesting to see when the pressure if really starts to hit home at these universities. Stuart that that assumes that the federal government wants to turn the tide bingo. Stuart im not necessarily going to assume that. Brian brenberg, your coanchor, is with us this morning. By opinion is this our society and politics are being taken over by hamas, taken over by ugly antisemitism. What do you say . I think thats exactly right, and one reason you know that is because the deadlines that these colleges set for these guys to clear out come and they go. And they come and they go. Heres whats happening. Free speech is important on campus, but you have got to have a very clear boundary e around it. And when these guys go over that boundary, theyre gone. That hasnt happened at column columbia columbia. That hasnt happened at yale. That hasnt happened at nyu. Thats why it continues to go on here. The protesters have the initiative. They dont have right on their side, but they have force on their side. This isnt speech, its intimidation. Stuart the president of columbia has given, what, 48 hours to negotiate them getting out. They say theyre going to stay. Heres the problem, the word negotiation. You dont negotiate on in this. Thats why you have a policy. You put a policy in place so that when you get to the policy boundary, something happens. Its not a negotiation, its a move. Youre either inbounds or youre out. These guys are out of bounds. And taylors exactly right. One of the reasons they can do it is because theyve got the backing of the federal government. Theyve got the backing of the state government. Theyve got all this money coming to these students, subsidizing their ability to camp on campus. If theyre camping on campus, theyve crossed a line. They should be gone. Stuart i think, like me, youre fired up can be i am a, indeed. I used to be a professor. You deal with it the right way, or you get this. Stuart elite colleges have been basically shut down by antisemitics, and and thats a terrible damn thing. Theyve been taken over by it. Its new york, thats right. Okay, stuart. Youre as fired up as i am. We better stop because we could get, you know stuart my heads exploding. Calm down, stu. Movingen on. Tesla, theres something good. The stock is surging despite if reporting the largest revenue decline since 2012. Now, i think this rally in tesla, its all about what mix is saying about the future for the company musk. By go. All the bad news was priced in. The stock had been down 43 from its latest high in just the last few months, so youre really coming into this print with a lot of low expectations. The bad news behind this last quarter, its all a bad. Lets look forward. What does the future say . It is the robotaxis, its more pulley e selfdriving autonomous if vehicles, its a new, cheaper model around 25,000 stuart the cheaper model. Bring in the mass fires, lets spur demand. Lets hope the margins stay intact. Thats one thing analysts will be looking for. Overall, i think investors were really relieved musk showed up, he was the adult in the room on that phone call last night. Stuart some of of the tax breakses congresswoman back. Theyve come back. Is he going to produce cheaper model cars . He wants a mass market for evs, he might just get it. Thats why the stocks up 12 . Investors are backing his vision of the future. And you can do a mass model and not worry about margins if its highly sold and produced, right . So what you lack this in margins, you can make up in volume. Thats what elon is doing can, and well see fit works. Stuart all hes got to do is sell the cars. Thanks, taylor. Check those markets, please. 20 odd minutes to go before we open up fully. Dows down 50, nasdaq up about 100. The stocks have pared some of their gains this morning. Edg Eddie Ghabour is with us. Are we many a bear market . Stuart, i dont think we are in the start of another bear market. I do think that potentially happens towards the end of this year going into next year when we get a big reacceleration of inflation. But i dont like the setup here near term. This is a bounce after a really ugly week last week, and i need to see how we get through these next 710 days. We have inflation data, we have a slew of earnings this week, and then we have the fed next week. So, again, all eyes on Interest Rates and the dollar. I think we could still see some volatility to the down side here in the near term. Stuart but the one area that that youre buying into, i believe, is energy as in oil stocks and what other Energy Stocks are you investing in . Yeah. So, stuart, energys the area that i think it takes the guessing out of what the feds going to do. If the fed cuts rates, thats going to cause asset rates to go up. Energy does well there. If the fed doesnt cut rate as, its because weve seen an acceleration in inflation, and energy does well there. Big cap oil is the only dip we bought last week after selling the highs on monday, and we ought, added to our xle position for clients. And id rather be in the Large Cap Energy plays right now. Theyre going to make a really strong the revenue number, cash flow and, again, it will do well in this type of regime that were in right now. Inflation or deflationary situation that were n. Stuart what happens if any beg with it can company, and i mean the really Big Tech Companies reporting this week and next, if any one of them disappoints, what happens to the cover all market . Itll be a broadbased selloff. Youll see some things similar to what we saw last week. Look, metas a big one today. We know theyre reporting after the bell. Theyve been one of the strong ones. If they disappoint, look, you could see the nasdaq go into negative ifer the territory in the near term. We were also there last week. Id be very cautious here. Again, we with raised cash on monday and low areas because it was a good start to the year, and we havent bought back in tech yet. Patience is difficult, but sometimes thats the most prudent if thing to do when youre risk managing, and youre going to have to be in and out in this crazy market right now. Stuart patience is a very chew. I dont have much of it. Virtue. Eddie ghabour, thanks for joining us. See you again soon. Now this, jamie dimon is worried we could repeat the economic problems of the 1970s. Oh, i hope not. I was there and it was awful. Hes talking about stagflation, i think, isnt he . He is. Lets remind if ousts what stagflation is, right . If slowing growth, high inflation. He was speaking yesterday, and he did still say right now the economy is still booming. Hes actually pretty impressed with it, but he thinks we could have to push rates up to 2 anywhere up to 8 . If those higher rates start to slow and cool the economy but inflation is sticky and does not come down, that thats that classic stagflation scenario with, something hes worried about. Its on the list of a lot of problems that hes worried about as well stuart he doesnt necessarily expect this to happen, but its the one of the concerns that hes got top of mind, so to speak. Exactly. If you start to see growth starting to slow, it could be something we could deal with. He says the risk is greater now than it has been in the last 20 years. I lived through the 1970s in america, it was awful. Thanks, taylor. Check futures, please. About 19 minutes to go to open the market. A mixed picture. Dows down, nasdaq up. Speaker johnson is meeting with jewish students at Columbia University in new york city today. Why isnt President Biden going . Why isnt Chuck Schumer going . Good questions, well try and answer a em. New York City Police blame outside agitators for fueling antiisrael protests at columbia and nyu. Ill can ask a student at George Washington law school if thats what shes been seeing, and thats next. If with dexcom g7, the most accurate cgm, you can achieve diabetes results without fingersticks. See how exercise affects your glucose, making it easier to spend time in range and lower your a1c. Your record label is taking off. But so is your sound engineer. You need to hire. I need indeed. Indeed you do. Indeed instant match instantly delivers quality candidates matching your job description. Visit indeed. Com hire before planning the wedding your bad hip was really acting up. Then, you heard about mako roboticassisted hip replacement. It starts with a ct scan to pinpoint the problem. That becomes a personalized, 3d plan to guide your doctor during surgery. Mako can help lead to better outcomes, like less pain and shorter recovery times. The lifetime of a hip implant is limited, and revision surgery may be required. Individual results and recovery times vary. Risks of surgery include pain, infection, heart attack, stroke, death, and other serious risks. Ask your doctor for important safety information. To find a doctor who uses mako visit makocan. Com stuart 15 minutes to go til the opening of the markets. Nasdaq up about 80, dow down 60. Columbia, as in Columbia University, says it is, quote, making progress with protest representatives. C. B. Cot cotton is there. Two the deadlines to remove the tents came and went. What progress are they talking about this . Reporter hi, stu. Well, this is a perplexing situation to say the least. Protesters say during those ongoing negotiations at one point the university threatened to bring in the National Guard to sweep the encampment. Columbia university appears to be backing down for now and says it will continue negotiating with these students for at least two more days. Now the students have agreed to a series of concessions to include prohibiting discriminatory or harassing language. Aerial footage from this morning shows many tents still remain there, and jewish students say this is where hateful rhetoric is happening. We hear slogans like from the river to the sea, palestine will be free, theres a lot of questions about, well,ing where does israel fit in there . Or calling people nazis or saying go back to poland, its genocidal rhetoric, and its very aggressive. There is a lot more fear on campus within the last week, certainly. Reporter many are questioning who is funding this movement thats a spreading across the country. Similar tents can be seen on campuses across the country, and the nypd and new york city mayor eric adams say professional agitators are bringing in weapons to ignite confrontations with police. Droves of nyu students walked off campus yesterday condemning the arrest of more than 10 100 people 100 people the night before during a protest where officers say bottles were violently thrown from the crowd. Republicans want visas are revoked for International Students participating in these protests. Any foreign student in the United States today that is advocating the destruction of the state of israel, that is advocating violence against the jewish people should not only be suspended from the school theyre attending in this country, their student the visa ought to be revoked, and they ought to be, e pelled. Reporter and House Speaker mike if johnson is set to meet with columbias jewish students this afternoon. Stu, back to you. Stuart c. B. , thanks very much, indeed. Now, the white house continues to kind of dodge questions on the antiisrael protests. Watch this. You all remember that he made the decision to run because of the antisemitic that was chanted in charlottesville, and that is something he will continue to do. Hes, of course, aware of the protests. We know that this is a painful moment for many communities. We respect that that, and we support every americans right to peacefully protest. Finish but as i said, when we witness calls for violence, physical if intimidation, hateful antisemitic rhetoric, those are unacceptable. If. Stuart a lot of that was blaming trump, of course, but they did say that they, hateful antisemitic rhetoric, those are unacceptable. Okay. George Washington University law student tammy joins me now. House speaker johnson, hes going to meet with jewish student its at columbia later on today. Would you like to see President Biden do the same thing . Well, it is absolutely his duty to ensure that jewish students and just any Minority Groups are presented protected on our College Campuses. Our Founding Fathers envisioned a nation where every single individual could actually practice their faith and be free from any sort of threats like what were seeing on College Campuses. It is very unfortunate to see that universities are failing they are students and, you know, personally as a student who has immigrated to the United States because i wanted to get away from the same type of oppression that these groups are advocating for, i tampa little disappointee disappointed to see that these schools are failing. This is not something that the americans should stand for. Stuart have you had experience with hostility towards you, you personally . Yes. Given the fact that i have been very outspoken can and supportive of or my my jewish friends, i have been called numerous names on the books as much as a sellout and and a betrayer of people because im originally from iran. What people forget is that american universities are currently fostering an environment where a hay dead hatred towards or Minority Group requests including jewish students and also others is actually thriving, and thats very dangerous given the fact that we dont know whos actually funding these organizations, the rhetoric that they bring to these protests is very hateful. Its antisemitic. Its extremely disturbing. And they have harassed also, had physical violence against jewish students. Thats no longer a peaceful protest. Stuart right, understood. That is a crime. Stuart listen to this. New york citys mayor, eric adams, he he warns that its outside agitators thats fueling the protest. Roll tape, please. What i learned during the black lives matters protests when i was notified under the Previous Administration that there were those that came into the city with the determination of really disrupting and towering our city apart. Tearing our city apart. We strongly believe that is the case right now. We cant have outside agitators come in and be destructive to our city. Stuart is that what youre seeing at George Washington, outside agitators coming on campus . Ive seen many individuals that absolutely do not look like they are students. They all cover their faces, to its very difficult to identify them. However, they carry verying big flags and expensive equipment that brings the question where the funding is coming from. We mow that there are a lot of forces behind hamas right now, and and theyre controlling all as aspects of the narrative. For example, the Islamic Republic of iran is one of the driving forces of this war in israel, and what really worries me on campuses is that there are a lot of students that are very sympathetic to the cause that the Islamic Republic and other radical islam ec governments are currently adhering to in the middle east. And i think the problem is mostly culture, and thats why i believe education is especially important. Unfortunately, our universities are failing our students. Stuart they are, indeed. In that respect, they are failing our students. Thank you very much for joining us in this morning. Thank you so much. Stuart check futures, please. Opening the market in about 6 or 7 minutes. Nasdaq up 100, dow down about 2525. Well take you to down about 25. Well take you to wall street for the opening bell next. Dont be falling in love are as shes walking away when your heart wont tell your mind or tell your mouth what it should say ameritrade is now part of schwab. Bringing you an elevated experience, tailormade for trader minds. Go deeper with thinkorswim our awardwining trading platforms. Unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. And sharpen your skills with an immersive Online Education crafted just for traders. All so you can trade brilliantly. Spring into savings this moving season with pods. Save up to 25 now on moving and storage. And see why pods has been trusted with over 6 million moves. But dont wait, save up to 25 now. Visit pods. Com today. Students. Students of any age, from anywhere. Using our technology to power different ways of learning. So when minds grow, opportunities follow. I wanna hold you forever hey little bear bear. Im gonna love you forever cmon, bear. You dont. You dont have to worry. Be by your side. Ill be there. With my arms wrapped around. Happy mothers day some things never change. Like a mothers love. Get something as timeless as a mothers love at harryanddavid. Com. Life is a gift. Share more. Stuart well, when that opening bell rings on wall street, youre going to see pretty much a mixed market. Solid gain for the nasdaq, that thats because of largely tesla which is up 10 or 11 . 9 the dow is down a mere 26 points. A shah ghailani joins us now. I want to talk about tesla. Why do you call the rise in the stock a dead cat bounce . Thats some bounce, man, for a dead cat. Well, look, stuart, you put that in per e spect if i have, the stocks been in an ab awful a down trend and getting to 160 where it looks like it might open just brings tesla up to the bottom of the down trend. That doesnt really do much for the stock. As far as what happened yesterday in the earning, im not impressed. All the numbers wered bad. All the numbers were below expectation, below consensus. Not only that, the revenues were down 9 or year over year, and the thing that bothers me the most is inventories as far as how long it takes to sell tesla went to 28 days from 15 days at the end of the fourth quarter. So thats a big jump. So in other words, theyre not selling cars, their revenues are coming down. I dont know what the expectations are for things to turn around. Theyre not going to have a new platform probably until early 2025 at best. Stuart well, musk is looking to the future and saying that hes going to get a mass market for evs by lowering the price and going all in on the robotaxi. You discount that completely, so you would not be buying tesla at 162 this morningsome. No, stuart, contrary. We have been buying put spreads on tesla, and we we took them off the day before earnings ismade out quite well. Im looking for any pop to probably be shorted again and buy some more put spreads. I dont think this rally can continue on. I dont know, the stock has to get to 171. 80 for me to think about, okay, thats maybe hope for it, but good luck getting there. Stuart you know, we used to have a buzzer on program, and if any of our guests used jar gone or strange language like put spreads, wed bring the buzzer in, but there you go. I thought we might get [laughter] before we close out, youve got half a minute, big tech earnings. If one of them disappoints, does it take the whole market down . Only if its microsoft. If microsoft disappoints, and thats highly unlikely, that could shake the market up. Its going to take a couple of them, probably microsoft and google, if they both miss, and and i dont think thats going to happen for either one of them. Then i think the market will be a little bit nervous. Earnings should be pretty good for both of them, and i think meta if should be good. Wed have to see something really disruptive for any of those big names to turn the market around. If that a does happen, we are going lore. Tour stuart okay. Shah ghailani if, thanks very much, indeed, sir. Appreciate it. Its ucopps Basketball Team thats ringing the bell at at the new york stock exchange. The market is open. A solid gain sorry, youre looking at yesterdays close. The dow in the very early going is down about 20, 25 points. That as not a big loss. Youve got a lot of selling among the dow 30. I can only see 8 up, i can see 22 down, so thats a down market for the dow as we start out. The s p 500, though, thats slightly, i think, on the upside. Yes, it is, about a quarter percent higher, about 5,000, 5,083 right now. The nasdaq composite, im looking for a big gain there and, yes, we got it. Not bad,. 65 , thats a 100point gain. Show me big tech, please. Thats where the action is this week. We have, where are we, we have meta, microsoft are up. Lets have a look at nvidia shares. I believe theyre up this morning, 12, 836. Taylor, has elon musk got anything to do with that . He absolutely does. So yesterday on the call, remember, he talked a lot about the robotaxis, fully selfdriving technology, saying he needs instead of 35,000 h100 nvidia chips, he now needs 85,000 of these chips. Previously, he talked about amd being one of their big supply possessor, but now fully saying nvidia might be the way to go. So increasing the demand for chips. Envied ya, Everyone Wants the chip nvidia, Everyone Wants the chip. Stuart how about meta . They report after the bell. 36 billion of revenue, 32 on the bottom line. Remember, a. I. , a. I. , a. I. Is the key that is the everything that analysts want to see. Zuckerberg in the past has talked about massive compute infrastructure. That is what they need to power a. I. Across all of their platforms, but is it priced in . If can they continue to use a. I. To blow it out of the water, thatll be something that were looking for. Stuart it looks like e theyre pricing it in now, up 2 im interested in boeing. The stocks up 2. 8 . How are i guess theyre doing, are they dealing well with all the problems theyve come into . I think they would. So what the ceo has said on the call is, yes, their financials are hurting because theyre pulling back purposefully on production and deliverly. Theyre burning through almost 4 billion in cash in the quarter, but its intentional to make sure that a quality comes fors. And i think analysts are liking that knowing that quality comes first before the financials. If they get quality in line, the financials can rebound later. Stuart get your reputation back. At t, that was your grandfathers stock is. Hows it doing now . Its doing pretty well, right . Theyre adding subscribe isers. About 349,000 subscribers theyre adding, and this is a good trend because verizon lost subscribers, tmobile will be next, to hear from them, so so far, so good. Maybe its that good economy that jamie dimon is talking about. Tower stuart hasbro. Not good. Well, in terms of theyre up 11 but not good in that the slowing toy demand is starting to get sluggish. Customers are pulling back on discretionary trend, but hasbro is doing a really good job of managing costs. Digital gaming revenue, managing the costs so that the bottom line looks good despite some of the slowing demand on the top line. Analysts happy with at least the companys turnaround plan and what theyre able to do with that. Stuart i see biogen. I know its up this morning premarket im giving you everything in the green today. Stuart we like that. Stick around for a while. [laughter] we like it. Up 4 . This has got to be something to do with that alzheimers drug. Yes. It was approved by the finish da in july, and there was only sort of lackluster sales last year, only about 10 million in sales for the drug, and they were like, oh, no. Is this not the blockbuster drug we thought . Guess what . If it boomed. In this quarter alone, 19 million in sale, so looks like the drug was off to a slow start, but its really the starting to pick now can up now. Slows the progression of alz hemoers so, clearly big demand, and its working for the stock. Stuart i want it. You dont need it, stu, i keep telling you. You dont need it. Stuart why is oracle moving its World Headquarters out of austin, texas . Theyre going tout of austin but into out of austin but into nashville because nashville is the health care epicenter9. Remember, they just bought the medical Records Company stuart is it . Nashvilles the place to be for had been, 1000 . Yep. 100 . Theyre a saying thats where hay want to be. They want to build a huge, new campus. Now, its not happening tomorrow, but later down the road for the company, thats the plan. Remember, they left Silicon Valley in 2020, they moved to austin and maybe nashville is next. Really taking advantage of health care, they think thats a big advantage for the company. Stuart how many major corporations move like that, california to texas, then to nashville in four years . I think covid taught us if you want to do it, you can do it. Stuart airbnb, i believe theyre up this morning because somebodys bullish on it. Who is it . Theyre raising their price target to 200, so not bad given that the stock right now is 165, raising it up from 150. Were not hearing a lot from the company, but in the past they have said that International Expansion has been has been a big priority for them. We did, of course, hear from jamie dimon talking about a booming economy. Airbnb clearly one of the big quinners if youre looking a winners. My sue hoe likes the stock. Stuart thank you, taylor. Were down a mere 17 is points. Dow winners, there are some. Lets have a look at them, headed by boeing, visa, intel, microsoft, nike all on the cup side, all dow stocks and winnersers. S p 500, tesla, hasbro, web boston scientific, what is that . [laughter] i dont know, stu. Stuart i dont know that one. Tesla, though, thats up 11 , and and thats a winner, right . Nasdaq composite, the winner there is tesla, up to 1 is 61. Costar, texas instruments, on semi. Did i get all of that right . You did. On semi and analog are good chipmakers. Stick with those. Stuart the 10year moving up, 4. 63 . The price of gold moving down again, off 6 at 2335. Bitcoin hovering around 66,000, and it has been for a week. Oil, low 880 a barrel 80 a barrel area, 82 a barrel now. Nat gas always a below 2 and still is below 2, 1. 74, to be precise. A gallon of regular gasoline, 3. 66 on average. For diesel the average is 4. 02, and thats down slightly. Coming up, you maybe may remember chazz palin terry as sonny in a bronx tale. Watch this. Is he a good friend of yours . I dont want even like him. E theres your answer right there. Costs you 20 to get rid of him, right . Hes never going to both bother you again. Hes out of your life for 20. You got off cheap. Youre always right. Stuart okay. Hes a native new yorker, and hes pretty fired the up at how the city has changed. Chazz is going to be here in the 11 1 00 our. Zack sage fox made a lot of money on it can doc, but he wants it ebaned. Summer lee won her house primary in pennsylvania. What a does that say about hamas and democrats . Ill put it to karl rove. Karl is next. 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Golo gave me back my life, and thats why im here. announcer change your life at golo. Com. Thats golo. Com. Stuart 12 minutes in, the dow is down a mere 30 points, but the nasdaq is up 138. I now this, swing state pennsylvania held primary elections yesterday. Theyre important. Bryan llenas is there for us. Did biden have an uncommitted problem . Reporter stuart, good morning. Look, it could take weeks before we know how many uncommitted votes were actually cast yesterday, but the uncommitted Pennsylvania Campaign here which is propalestinian was hoping to get over 40,000 voters to write in uncommitted to protest bidens israel stance. Ing now, meanwhile, yesterday the antiisrael democratic congresswoman summer lee easily won her democratic primary in pittsburgh over a proisrael candidate. The squad member was among the first the call for a ceasefire in gaza. Shes opposed house resolutions that condemn antisemitism and hamas, and she voted against recent u. S. Aid packages for israel. There are a lot of people who wanted to convince us that we could not be propeace and win in this district. This movement is a movement that disaa vows all forms of hate, we disavow in western pennsylvania every form of antisemitism or islam phobia or antiblackness. [cheers and applause] reporter republican Brian Fitzpatrick easily defeat thed his primary challenger, an antiabortion activist. The more moderate fitzpatricks seat is one of 16 congressional districts up for grabs in november that President Biden won. Meanwhile, Pennsylvania Senate race is officially set, Dave Mccormack will take on democrat senator bob casey. Both candidates run unopposed, it will likely decide the balance of power in the u. S. Senate. President biden and former President Trump officially won their primaries. The rematch is set in whats the most important state in bidens reelection campaign. Hes not winning the presidency if he doesnt win pennsylvania. I i think its pretty much that simple. If this is a key case for him. The president , former President Trump can wrest this away, hes got a pretty easy path to the nomination, relatively speaking. Reporter speaking of a protest vote, stuart, nikki haley received 16 of the vote yesterday, about 150,000 people votesed for her voted for her. That is interesting because she dropped out about two months ago. Look, if former President Trumps going to win pennsylvania, hes going to have to coalesce the republican party. Stuart . Stuart we hear you. Look whos next, karl rove. The man himself. I dont see the white board yet, but i presume itll make an appearance later. Karl, i want to talk about congresswoman summer lee. As you may have just seen, she won the primary if. Shes a squad member. Thats a squad win. Shes vigorously antiisrael. What does that tell you about hamas and the democrats . Well, it tells us that they do have a purchase on a significant part of the democratic primary voter in a deeply democrat district like this is. Summer lee was opposed two years ago very strongly by aipac and other proisrael groups and defeated their candidate. This time around they sort of sat on the sidelines. This is not the biggest test for of their political power, i think thats coming in cori bushs race in st. Louis. They basically took a pass on it. She was opposed by a proisraeli republican, jeff yass, who underwrote a superpac against her, but she dismissed it as a republican trying to take her out. I dont read much into it except to say the democrats have a problem because there is an element of their party which is antiisrael, propalestine, and by that i mean endorsing things like from the river to the sea, a slow began calling for the extinction of slogan calling for the extinction of the state of israel. Stuart i dont know where Jewish Voters find a place for themselves in the democratic party. President biden spoke on abortion during his Campaign Event in florida. Roll that tape, please. Trump goes on to say individual state laws are working, his words, brilliantly. If brilliantly. Its a 6week ban in florida. Its really brilliant, isnt it . Trump is literally takes taking us back 160 years. He says its up to the states and this is all about states rights, but hes wrong. The Supreme Court was wrong. [cheers and applause] it should be a constitutional right in the federal constitution, a federal right. Stuart all right, karl, how potent an issue is abortion for bead. En . If is it a gamechanger . No, its not a gamechanger, but it could hurt if the republicans dont have a better answer than were going to leave it up to the states, because people in the states want to know where you are on this. The president would be better off if he said it ought to be left up to the states and if i were a legislator or a governor, id be advocating that rudd abortion up to 14 weeks, 15 weeks and after that had tension exceptions for rape, incest zest and life of the fore if. I think of the mother. I think parents ought to be involved in the decisions of their teenage daughters, and im totally opposed to what democrats want, abortion in the second and third trimesters. Show some empathy on the issue. That would help make it a winning issue. But if its simply were going to leave it up to the states, biden and the democrats are going to be able to point to florida and arizona which allow abortion only in the fest 6 weeks, and theyll make hay with that in certain elements of the population. This is not an absolute weaponner for the democrats. We saw that in virginia in the offyear elections where the republicans were on the receiving end of abortion attacks, and they took every statehouse of rell delegates district and every Democratic StateSenate District that had been won by biden by 9. 5 points or lessment. Imagine what the congress would look like if the republicans were able to gain all the seats that joe biden had won by 10 points. Itd be a big shift in the congress. Theyve got of to have an answer better better than were going to leave it to the states. Stuart just looking briefly at trumps trial in new york city, do you think hes gaining some sympathy in the electorate because hes stuck in court whilst bidens out there campaigning . Well, im not certaining tha, but i think its less because hes stuck there than it looks political in that the democrat d. A. Is going after him. His Campaign Says theyve been raising a lot of money by talking about this in their internet appeals. But, look, were at the beginning of this process, and this is not going to help his, you know, mental attitude, and its also not going to help the more we hear about this unseemly, you know, activity to hide personal relations that he had with various and sundry women over the years. Were at the beginning of this. We dont know how its going to play out. Minor advantage to him financially right now. Keeps him off the a came campaign trail, but we dont know how its going to play out in the weeks ahead. I think its the going to end up being somewhat hurtful to him but not dispositive. Stuart we missed the white board. Of next time maybe. Karl rove, see you again soon. Hamas now dictates americas mideast policy. What a switch. Hamas butchers jews, israel forcefully responds and now all across america israels accused of genocide, and hamas is behind it all. Thats my take. Schools raise their i tuition by 60 cents for every familiar dollar they get request. Kelly saberi breaks down the skyrocketing cost of student debt next. Everybody wants super straight, super white teeth. They want that Hollywood White smile. New sensodyne clinical white provides 2 shades whiter teeth and 24 7 sensitivity protection. I think its a great product. Its going to help a lot of patients. You founded your Kayak Company because you love the ocean not spreadsheets. You need to hire. I need indeed. Indeed you do. Indeed instant match instantly delivers quality candidates matching your job description. Visit indeed. Com hire stuart well, one week from National College decision day and Interest Rates for student loan borrowers are set to hit the highest level in more than a decade. Kelly saberi this many chicago for us. Kelly, spell it out for us, please. In the last 40 years, how much has College Tuition e gone up . Reporter were told by the Labor Department that tuition and fees have increased by 859 since 1983. In the same time period, inflation has increased 219. That means that on average, a private institution like the university of chicago will run you about 41,000 while Public School tuition costs an average of 1,000 and, of course 11,000, and, of course, that doesnt include room and board. Couple that with the highest borrowing costs in 15 years, federal student debt Interest Rates are mandated by the federal law, not the department of education. This is a set formula that uses u. S. Treasury data from the month of may. So for the next Academic Year with, we can estimate a rate of 6. 61 based on the april auction. Again, that official number will be determined next month. Now, not only is that up from 5. 5 this year, these recession era levels. In the 20072008 school year, the Interest Rate was 6. 8 . It began to decrease every Academic Year through 2014 at which point it began to fluctuate. Interest on government Student Loans for undergraduate is capped at 8. 25 . According to the new york federal reserve, for every 1 received by Higher Education institutions in subsidized federal student is loan, College Tuition increases by 60 cents. Now, the white house has forgiven 153 billion so far in federal student the loans. Still remaining, though, is 1. 6 trillion. Stuart . If. Stuart 1. 6 trillion just like that. Kelly, thank you very much, indeed. See you again soon. And i want to say, taylor, thanks so much for johning us for the hour. My pleasure. Stuart we will watch you, by the way, on the big money show, 1 p. M. Eastern here on fox business. Thank you. Stuart still ahead. Liz peek, a tiktok star, zack sage fox, congressman cory mills, actor chazz pal ministerially and the 10 00 hour of Varney Company,s its next. Mug. I feel it coming, i feel it coming, babe. I feel it coming, i feel it coming, babe i feel it coming. Is bad debt holding you back . The only limit is the sky. 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