York dominates politics. Bidens trying the put his opponent in prison. Republicans show up in force to say what trump cant say because of the gag order. Well, today the trial moves into its final days. Robert costello back as a witness, a defense witness. Monday the judge furiously tore into him for rolling his eyes. Well try to the figure out how the trial plays out in the middle of a president ial campaign. Lets get to the markets, and were starting the day with bitcoin. Just look at it. Thats a rally, 71,000 and climbing. Thats bitcoin. Etherium also sharply higher again today. As for the stock market, well, the nasdaq closed at another record high monday. Youve got a small pullback this morning. Down 56 as we speak. A little bit of red red ink for the dow and the s p but not that much. Nvidia, that is the stock of the week it reports tomorrow. Plenty of buying in advance of that and plenty the of price target targets above 1,000. Right now its about 80 cents down at 947. If Interest Rates, not much change. The 0year coming in with a yield of 4. 43, theyear 22year at a range of 4. 85 as we speak. Going up a bit. Gold firmly above or 2400 an ounce. Oil moving down again, 78 a barrel with. Gas, no change, are 3. 559 for regular, diesel actually up one cent at 3. 900. Politics. The or International Criminal court Going Forward with arrest warrants for israels netanyahu. Outrageous, says President Biden. Defund the the court, says the wall street journal. Amall clean. Ny helped thish s crushes c prosecutor, she says israel is engaged in extermination. President biden taking a lot of heat for his speechessen on race over the weekend. The wall street journal editorializes, here it is, biden to morehouse graduates america hates you. On the show today, life on a permanent cruise, sailing forever. What do you get for 500,000 . If we do cover it all, you know. Tuesday, may 21st, 2024. Varney company is about to begin. Aint nothing gonna break my stride nobody gonna slow me down, oh, no. I got to keep on stuart ah, break my stride is the connection to the trump trial. Thats what the price are getting. Lauren okay. Stuart i like the music. Matthew wilder. Thats sixth avenue, new york city. Here we go. First of all, lets check futures the start with. Were looking on the downside but not that much. Cow cans off 20 dows off 20, nasdaqs off 56 points. I want to bring in mike lee first thing this morning. Nvidia reports tomorrow after the bell with, where do you see the stock going . Look, stuart, i cant imagine the earnings are anything other than spectacular, and heres why. If the largest buyers of nvidia chips, google, amazon, microsoft, all had blowout quarters specifically in Cloud Computing where they would be purchasing nvidia chip, and then you had facebook saying theyre going to invest 40 billion into artificial intelligence, and they cant do that without nvidias chips. Is so i cant imagine nvidia not having a spectacular quarter, okay . There is a possibility that i somehow the market is not impressed with those numbers the way they have been in previous quarters. Okay, if that happens, you know, you probably see a 12 selloff in broad markets if the markets not impressed with, say, their guidance or numbers. But again, id say the probability of that is fairly low. I think they will surprise dramatically to the upside because were just at the beginning. Stuart i want a quick comment if you on bitcoin, 71, 72,000 per coin this morning. Seems to be moving in tandem with stocks to some degree. Where do you see bitcoin going . Stuart, i think at the, you know, within 1824 months youre going to see bitcoin in the 200,000 range. So a trim of the previous cycle high triple. The rally this morning is because of the pivot and about face that the secs has done in relationship or, sorry, because of the etherium etf, that it looks very likely to be approved. Look, were creating a new trillion dollars in debt every hundred days and, yes, bitcoin has resume ised its 1 to 1 correlation with tech stocks correlation with steak stocks. Tech stocks. Stuart mike lee,ing good stuff. Jamie dimon says hes preparing to retire. Whats the significance of that and whats the timetable . He says its no longer five years ago income anymore. He said at the the end of the day, he still feels up to the job, but it is up to the board and that maybe its no longer that five years anymore. So we dont have a specific timetable, but the board saying, look, as long as hes up for it, he can suit up and show up, hes here. But he said if i cant do that and and if i get to the point where i cant do that, im happy to leave and step aside. Stuart i could say the same thing. Cant do it, i wont up youll suit up and show up, stu. Stuart youve been until following the trump trial. What can we preponderate from today . Yeah, so today, day 20, 9 30 a. M. We did hear yesterday from robert costello, again, he is reiterating we might expect to hear him again today, stu the that, again, or President Trump knew if nothing about those payments to daniels. Also new today we actually could hear from the judge. He might rule that they could dismiss z the case. The trump team has asked them to dismiss the case saying we still dont have proof that he tried to falsify any records, so maybe well hear from the judge with. We could wrap up thissing whole case maybe this week with. Stuart he might dismiss if ited odd. To might being the operative yeah, i think thats a long shot. 9. Stuart thank you very much. Trump did speak, heres what he had to say. Roll it. We saw that was ive never seen anything like it in my life. Everyones talking about it. You saw what happened [inaudible] what just took place in that court or and, hopefully, the motion to dismiss this trial will go through because this trial is a disaster for our country, its a disaster for new york state and new york city. Gregg jarrett just said where exactly is the crime . To quote a memorable line from shakespeare in line, i dont know, its a mystery. Stuart quoting from shakespeare if p. Lawrence jones joins me this morning. What do you make of cohens confession . Well, first, i would say before i even get to costello and cohen, the former president talk the about how this was a mischaracterization of justice . Looks like we just got those latest fund raising numbers out there, apparently theres a lot of americans agreeing with the former president. Hes outraising joe biden percent first time. So that tells you something that they thought that was going to hurt donald trump is actually helping him right now. Now to cohen, i mean, we didnt expect that. We know hes a liar, but thief too . My mom used to say if you lie, youll steel steel. If you steel, youll if you steal, youll kill. If i think that only increased yesterday. Stuart he helped trump. Yeah. It just showed hes not a credible witness. Stuart right. What about costello . Do you think he helped trump . You know, i think thats a mixed bag, and i was always questioning that moment anyway because i felt like when you have a win, just take it, and i feel like, you know, the prosecutions case rested on cohen. Let that be the final thing that they hear. The judge, i think, is a big factor in it. You never want my first job, i have Great Respect for the court system. My if first job was working in the Juvenile Court for a judge, and one thing that you always realize about a judge, theyre supposed to be fair, and judges have certain things that make them tick. And its universally applied. I think the thing that is hurting and that has people upset is that the judge showed no animosity or any slight upsettedness when it came to Stormy Daniels in her testimony which did not contribute to the overall alleged crime. But there was some pushback when it came to costello. She was ruled he was ruling on the objections of the prosecution in favor of them constantly and then, of course, he dismissed the jury. I think a lot of people are saying thats unfair. Stuart im going to change the subject, but i need you to cover this before you leave us. Biden to morehouse graduates, america hates you. The piece argues that bidens goal was to stir up racial division. Do you agree with that . Well, when i saw saw, i took great umbrage with it for obvious reasons. My parents made it very clear to work hard, not work ten times as hard. Youre already accomplishing the best right there, then why do you need to double it . I think when you have a president of the United States that has opportunity to make gains on improving the economic lives of americans, especially back americans, education and did not do that and because he doesnt have an agenda to run on, the lean on race especially when he did nothing the during the civil rights movement, especially when you have the 90s crime bill, he didnt pass the first step act, donald trump did. He says he was on the front lines and got arrested during the civil rights movement, he didnt. He was friends with segregationists, went to their funerals, spoke at their funerals. Again, if you want to move the country forward, im done with that. I think its nasty too, and what a day to do that on when you have people going to one of the temperature colleges in the country, morehouse, they have worked hard getting ready to go into the or work force and the country saying the country doesnt love them and heir going to have to work ten times as hard, that was disgusting. Stuart really out of place. Lawrence jones, thank you for joining us this morning. New poll says most voters what about rfk jr. In the debates. 79 a want biden and trump to debate, 719 want them the include a thirdpart candidate like Robert Kennedy jr. , right . So get him in there. I think from the kennedy perspective, hes come out a lot and said, look, this debate between trump and biden is a collusion to rock up lock up america in a head to head massachusetts why can i not be a part of it if i meet certain thresholds . Thats the 71 , come on,s lets have a debate. Stuart it ate gonna if happen in my personal opinion. Thanks, taylor. The Trump Team Meeting with arab voters in michigan who are abandoning biden. Trump is visiting the bronx thursday. Can trump lure these key voting blocs away from biden . Ben domenech on that later. The administration getting backlash for offering their condolences for the death of irans president. If watch this. Im not even sure why youre offering condolences if this guy was as bad as you say he was. Because we regret any loss of life. Stuart more on that coming up. Congressman mike waltz says trump stood up to terrorist states, biden coddles them. Waltz is next. If trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. Get an expanding library filled with new online videos, webcasts, articles, courses, and more all crafted just for traders. And with guided learning paths stacked with content curated to fit your unique goals, spend less time searching and more time learning. Trade brilliantly with schwab. In any business, you ride the line between numbers and people. Whats right for the business and whats best for everyone who depends on it. Solving todays challenges while creating future opportunities. It takes balance. Cla cpas, consultants, and wealth advisors. Well get you there. Stuart the International Criminal court, that is a branch of the u. N. , by the way, is seeking arrest warrants for israels Prime Minister netanyahu and defense minister gallant as well as leaders of hamas. Trey yingst in tel aviv. Whats israels leadership saying about this . Reporter hey, stuart, good morning. Backlash from the icc decision to seek arrest warrants for israeli leaders continues today. We do know israeli officials from across the political spectrum if have condemned yesterdays announcement. Israels reels defense israels defense minister calling the move disgraceful adding israel does not recognize the authority of this international body. Prime minister benjamin if netanyahu also spoke out about the icc decision calling it a complete distortion of reality adding this the prosecutors absurd charges against me and israels defense minister are merely ap an attempt to deny israel the basic right of selfdefense, and i assure you of one thing, this attempt will outerly fail. Reporter utterly fail. These complaints overnight if were echoed by President Biden who called the decision outrageous, the commander in chief adding this let me be clear, we reject the iccs application of arrest warrants against israel hi leadership [cheers and applause] whatever these warrants may imply, theres no equivalence between israel and hamas. Reporter in an interesting move, hamas if also condemned these arrest warrant for their leaders saying that it was the outrageous the icc made this move. Stuart . Stuart all right, trey, thanks very much, indeed. Now, the state department was asked why they issued condolences after the death of irans president. Roll tape. Reporter what exactly is official condolences . Condolences on behalf of the United States government. Reporter im not even sure if youre why youre offering condolences if this guy was as add bad as you say he was. Because he stuart congressman mike waltz ginning joining us now. What do you think we should do with iran . Theyre obviously vulnerable at the moment. The last thing we should be doing, stu, is offering condolences to the butcher of iran responsible for ten it is of thousands of deaths when he was a prosecutor under the ayatollah are, responsible for the deaths of three american soldiers at the hands of their mill mill a militias, responsible for 12000 israeli deaths dub 12000 responsible for sending drones into with russia, responsible for shutting down Global Shipping in the red sea as a it heads into the suez canal and on and on. Not to to mention the schoolgirls his Security Forces have literally hung in the street for daring to not wear a head scarf, a hijab. It is outrageous. Its just despicable, but it shows the fecklessness and just weakness of this administration. I mean, this is a moment to stand up and say this guy was a bad guy, he was wrong, and this regime is one thats based in evil. Stuart thats what trump would have done. I mean, if trump were the president now absolutely. Stuart i dont think trump would be offering condolences. What do you think he would do . Well, number one, trump would be, President Trump would be saying we support the iranian people as they fight for their freedom under this oppressive, three9 accuratic dictatorship. Theocratic. Number two, he would have this dictatorship worried about it own survival because they would be under maximum pressure. Just a few years ago their currency was tanking, their oil exports were virtually zero, and they were on their back foot, and they didnt have the resources to be supporting all of these terrorist groups and the russians and fueling the Chinese Military buildup with illicit iranian oil and gas. So none of those things would be happening under President Trump. He certainly wouldnt be offering an olive branch to the butcher of tehran. Stuart you know, your home state florida, of course seized more fentanyl than any other state in a recent time frame, more fentanyl found in florida than any place el. Who do you plame for this, congress blame for this, congressman . Well, actually, first i want to applaud our sheriffs, our law enforcement. The governor, the state legislature, they made it a seconddegree felony just to have fentanyl, just to pez it which is possess it which is a hundred times more potent than heroin. The stuff just deadly. But it also shows, stu, that this is a national crisis. Its not just a border crisis. And the administration should be sticking it to the chinese who we know when they send this stuff to mexico, they its going in the hands of the cartels, they know its going to poison and kill hundreds of thousands of americans, if we should be putting secondary sanctions on the chinese manufacturers. This Administration Just does not understand deterrence and does not understand how to teal with these tough guys deal with with these tough guys around the world that are all too happy to get away with killing americans. And theyre just getting away with it. I dont know how we make it another five years. We wont survive it. Stuart congressman mike waltz, republican from the great state of florida, we appreciate it. Thank you, stu. Stouter utah back in october the administration was prepared to move 11 the detainees out of guantanamo if bay. Why did they mix the man . Pretty much opt ecs after the hamasisraeli attack in october 7th of last year. They were going to be moving some of these detainees to the middle east. They were afraid the optics wouldnt look good had they moved those prettiers into the middle east prisons into the middle east during that time. Current administration if officials really frustrated because the goal of the administration was to reduce the pop if ration at guantanamo, eventually close it. This is slowing down that process given those prisoners are still now at guantanamo. Stuart thank you, taylor. Check futures quickly, please. Its tuesday morning. How do we open this market . Opening mostly on the downside is. A small gain for the dow. Thats at the opening bell, and well take you to wall street for that next. Wont you fly, free bird, yeah alarm sound amelia, turn off alarm. Amelia, weather. 70 degrees and sunny today. Amelia, unlock the door. Im afraid i cant do that, jen. suspenseful music why not . Did you forget something . suspenseful music my protein shake. The future isnt scary. Not investing in it is. Youre so dramatic amelia. Bye jen. Nasdaq100 innovators. One etf. Before investing, carefully read and consider Fund Investment objectives, risks, charges, expenses and more in prospectus at invesco. Com. Stuart macys reported earlier this morning. The stock is up 2. 5. Apparently luxury items are selling well. 19 a share for macys. Overall, not that much Price Movement premarket. The dow is up 11, but the nasdaq down 74 points after hitting an alltime high yesterday. David nicholas with me this morning. David, i want to talk about the nvidia. Today report tomorrow. They have very high expectations. They really have to the to deliver, dont they . Stu, youre right. Expectations are very high for nvidia. The streets looking for about 26 billion in revenue for the quarter, its looking to guide somewhere between 27 and 28 billion. This is what i want to point out, you just mentioned this, just beating estimates arent enough. Theyve got to guide well. The street needs to have confidence that future is still ahead for if nvidia. But again, even if we see some weakness, i think the stocks going well, but i think the upside potential is there. It is the still trading below its 5year average, so i think well see nice upside, stuart. Stuart i see all kind of target prices above 1,000 a share, its at 9935 now. 935 now. How high do you think its going to go . We raised our target to 1100 a share. If you look at their chips coming out later this year, thatll command a price 40 percent higher than its current chips, the gb200 could raise somewhere between 2000 billion in revenue 200 billion in revenue, so we see massive upside. I still think its a good time to get in. Stuart 90 seconds left. Tell me what is the best hedge against inflation. I know youre going to say land, so why dont you explain that. I tell my compliants clients you want to own real estate, you want to own land, specifically farmland. This is something if i hear very little talk about. I think you have a farm that you like to enjoy doing some farming. Theres an etf called land that actually gives you expose where cur or to farmland. I think that its blueerer i blueberries, stable crops that are high revenue if, high profitability crops. I think given the way population growth is going, farmland i think over the next two years is a big winner, and it pays a dave the evidence of about 4 . Stuart the i agree 100 . Youre right on this one, david nicholas, well sew you again soon. All right. Theyre clapping and cheering. Away we go. Opening this market literally in a few seconds. Were expecting not huge Price Movements at the opening bell but do watch the nasdaq. A record high again at the close kwre. Lets see where it goes this morning. Probably on the downside at least in the early going. The dow is open, its up 18, 19 points, about a third of the dow 30 are in the green, so that means there is some selling this morning. S p 500 also opening, narrowly changed. Down. 16 , and the nasdaq composite, this is the interesting one, that is down. 41 after a big gain yesterday. There you have it, down 68 points for the nasdaq can. Show me big tech, please. A mixed picture. Only microsoft if on the upside. Apple, meta, alphabet with, amazon all down. Now microsoft just unveiled new computers with a. I. Chips, but theyre not if nvidia are chips, are they, taylor . I know. Surprise, surprise, right in qualcomm chips announced yesterday ahead of a big unveiling today. They are saying some of these pcs are able to run some a. I. Task ifs if if or you, so maybe the a. I. Will be asking you questions. You also have amd, intel chips chips in another pc available in june. Theyre starting just under 1,000. Well see how they do. Stuart microsoft is trying to are revamp the pc market which has been under pressure if lately. They think theyre going to do it with a. I. Chips, well see. Stocks up this morning. A couple of big retailers reported before the opening bell. Start with lowes, please. Yeah. Lowes coming out, pretty good numbers, this is each as customers if are pulling back on some of those do it do it yourself projects. It sort of echoes similar comment we got from home depot last week as well. They were citing a tough housing market. Lowes trying to figure out right now, off just half a percent, how to moverd forward in this tough housing market. Stuart we profited on may is citys, the macys, the stock was up, now its the up more. The see wrote coming out with interesting comments saying, or look, it is early days, but we are hopeful we can return to sustainable, profitable growth. So this is a company that has been under pressure. Can this new i ceo really start to turn things around . If at least so far the market saying, sure, well give you this one. Stuart other at tesla theres over at tesla theres huge discussion about elon musks 56 billion pay package. Some shareholders really dont like it. A lot of these shareholders are pulling back and saying, no, vote against this big pay package. They are saying elon musking continues to be distracted by some of his other companies, the five or six other ventures that he has and that he is not spending enough time and all of his energy in the car maker. So you do have some investors saying, no, we want the vote against the big pay package. Stuart the stock is up a little, 177 on tesla. What caught my attention this morning was bitcoin breaking well above 70,000. It had been 72,000 earlier. Whats behind that rally . Is so the etherium rally also catches my eye because theyre hoping that the sec is going to approve an ether etf. Remember the bitcoin big surge ahead of the approval of that etf . We could still be a long ways off, but the Crypto Market certainly getting excited ahead of this. Just dont push the cart before the horse on this one. [laughter] stuart sign i Cybersecurity Firm palo alto, had been going straight the up for a hong time, but its down 6 . Did they have a bad report or something . Sort of a down beat forecast Going Forward for the guy. Dance. I think theres a guidance. I think theres a lot of concern about how much demand there is for cybersecurity. If youre a big company and you have a finite budget, where are you going to spend that budget . System of those Big Companies are pulling back on how much theyre spending on cybersecurity. That was due in part what you see there, the down beat forecast from palo alto. Stuart okay. Lets move on to trumps media company, djt. They reported for the First Time Since going public, and theyre down. What happened in. It didnt go well in terms of the top and bottom line. They the only pulled in about 7700,000 in the revenue, but they lost 330 million in the first quarter, so losing more money than theyre bringing in, right . They did, though, say they signed a contract with a Data Center Partner and a hardware vendor because they are trying to launch the truth social tv streaming platform. So thats more news investors can look for. Stuart peloton, they are still around, struggling under a mountain of debt can. Stock is down 12 now, 3 a share. What are a hay doing about this debt . So theyre doing a 1 billion loan to refi p right . If basically to pull out existing debt, try to are refinance at lower wields. The ceo said they are encouraged by some of the interest theyre seeing in terms of interest for the debt, but this is a company that cut about 15 of their global work force. Another company that has a big job ahead of them, pandemic darling, all off that the unwound. Trying to reify debt stuart can you imagine trying to refinance at a time when Interest Rates are rising . I know. Not good. Stuart lets go to zoom. Theyve raised their annual profit forecast. Thats probably good news. Are they saying a. I. Is responsible for our Rising Profit . This is an a. I. Thing . Thats it. Its a. I. , another pandemic darling, but this is maybe a story thats different. You have Big Companies and enterprises that are still using it, and theyre saying, hey, maybere even were even better than we were. So the stock trying to get a little bit of a lift stuart id love to know exactly what a. I. Does when im on a zoom call. That what will a. I. Do for me . I i know. Asking questions, how about that . Stuart check out that beg board, were down 20 points, thats it. 39,787. Dow winners, heres the list. There are some, headed by jpmorgan, walmart sorry, yeah, walmart, goldman, merck, travelers on the list. S p 500, dollar general, eli lilly, first solar, seize or stars entertainment and moog. And the nasdaq group of winners, tesla at the top there, up 2 this morning. Dollar tree, lam research, astrazeneca too. The 10year treasury yield with, always a important, right now its right at 4. 40 . Way below 4. 5. Price of gold with, 2,455, down about 5 today. Bitcoin, as weve been telling you, rallying. 70,900 right now. It was 72 to ,000. Oil down despite a whats happening in the middle east. Oils down, 78 a barrel. Nat gas, 269. Gasoline, as in regular, the average around the country is 3. 59 a gallon. Diesel, its actually up one cent at 3. 90. Coming up, President Biden wants to flip the narrative on inflation. Hes putting the blame on corporate greed. Will voters buy that . Were on it. A new cruise line are offering retirees the chance to live full time on its ship, travel the world. Why not . Weve got the companys chief executive on the show. Id love details on that. Fdic chair Martin Greenberg announced hes stepping down after the elite of a scathing release of a scathing report detailing harassment at the agency. The full story next. Where the streets have no name if where the streets have no name voya there are some things that work better together. Like your Workplace Benefits and retirement savings. Voya helps you choose the right amounts without over or under investing. Across all your benefits and savings options. So you can feel confident in your financial choices. They really know how to put two and two together. Voya, well planned, well invested, well protected. ella fashion moves fast. jen so we partner with verizon to take our operations to the next level. marquis with a custom private 5g network. ella we get more control of production, efficiencies, and greater agility. jen thats enterprise intelligence. vo its your vision, its your verizon. Somebody would ask her something and she would just walk right past them. She didnt know they were talking to her. I just could not hear. I was hesitant to get the hearing aids because of my short hair. But nobody even sees them. Our nearly invisible hearing aids are just one reason weve been the brand leader for over 75 years. When i finally could hear for the first time, i could hear everything. Call miracleear at 18002347090 and schedule your free hearing evaluation today. 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 okay, weve opened the market. Were up 33 points on the dow, were down 44 points on the nasdaq and then theres this, fed chair math opinion gruenberg will math group gruenberg will step down Matt Gruenberg after a report that the fdic has been mired with harassment and bullying charges under gruenbergs want Grady Trimble is with us now on this story. Whats the white house saying about it, grady . Reporter the president will put forward a new nominee for fdic chair soon. Martin gruenberg released a statement saying hell step down once a successor is confirmed. Until that time, he says, i will continue to fulfill my responsibilities as chairman of the fdic including the transformation of the agencys workplace culture. Pressure on gruenberg to resign has been building since two grueling congressional hearings last week. Lawmakers pressed him on the sexual harassment, stalking and if bullying at the finishing dic under his mel helm as well as gruenbergs own anger issues. Youve led the agency for 10 of the last 13 years. Weve had Significant Bank failure withs. Do you think failures. Do you think that the fact you respond to Bad Information by attacking or yelling at the person presenting that that information makes those people less willing to present if Bad Information to you . I endeavor to entreat every employee with courtesy and respect. Reporter mchenry will there went op on to say that the report says otherwise. And republicans have been calling on gruenberg to step down since that report was released, but most democrats stayed quiet. Some of them even defended him. Several biden Administration Officials refused to say that gruenberg should resign, but then yesterday the chairman of the Senate Banking committee, a democrat, senator Sherrod Brown where, released a statement calling for new leadership at the fdic and for President Biden to name a new chair. Now the white house says it expects the senate to quickly confirm its nominee but, stu, or republican senators say the administration if up until this point has been the one dragging its feet on this very issue. Stu . Stuart got it. Grady, thanks very much, indeed. The stock of the week is almost certainly going to be nvidia. They report after the bell tomorrow, so lets take a look at that stock now. This is, the markets open, of course, were at 9 38. Were down about 1 . Angela sue know joins me now, he specializes in ang angelo zien know joins me now. Whats your price target now, any change . Yeah. So we did enclose our target price to 11000 actually this morning 11000 this morning, ahead of those this results after the close tomorrow might and, again, we do expect another beat and raise type of quarter after they report, and its largely going to be driven by their data center business. I think there might be some concerns about the [inaudible] softness ahead of this black withwell launch later this year, but we kind of look at the capx landscape right now, very strong the, and when you look at where some of the enterprise a. I. Adoption is really taking place from the likes of, you knowing, a dell among others, we continue to be very bullish on the nvidia story. Institute r. Stuart theyd better exceed expectations by a large margin if theyre going to have that stock price go up because people are awfully touchy about these earnings reports. You often get a spike up and a plunge down. Theyve got to exceed expectations, right . No, i think youre absolutely right. So our view is they can beat the number by at least 510 , and i think that should be good enough at least to hold the stock up here. Now, that said, you actually dont want them to kind of overheat because that actually kind of provides a negative kind of story as you go into calendar 2025, so you kind of want a nice if beat and raise quarter but nothing too hot to maybe put a dent in the story going into 2025 for those longterm investors. Stuart whats this partnership between nvidia and dell . Is that all about reviving can ask and revamping the pc market . Yeah. I mean, listen, i think as far as kind of the nvidiadell story has been concerned, thats been a partnership thats been in place for a long time but when you think about dell, theyre an allinclusive company from the computing side of things all the way to the servers itself, and its a Critical Partnership out there the for nvidia. So as far as kind of dell is concerned, as you get more of that enterprise a. I. Adoption taking place out there, this that adds another kind of leg to the cat r list here for nvidia catalyst. Stuart are the other chip makers are lee relying on a good report from invade ya . I do think nvidia . If i do think theres a level effect when you think about their result,ing they really are kind of the center of the universe when it comes to the a. I. Story, so a good kind of nvidia a. I. Story out there this quarter will absolutely paint a better picture for the quarter semiconductor universe. Stuart okay, angelo, we will all be glued about 4 00 eastern time tomorrow afternoon. Angelo zino, always appreciate it. Taylor riggs with me. I keep going back to this i know. Stuart if nvidia does not meet wall street expectations, what happens to the overall market . Bank of america talking about just that, saying this is exactly the oneyear anniversary of when nvidia had that first blowout quarter and sort of surprised everyone, but this market is more than nvidia right now. Since that time nvidias added a trillion and a half in market cap, but a. I. Is now empowering commodities, power, utilities. So really its more than just an nvidia story the, a i much bigger story. Nvidia contributed to about 37 Earnings Growth in the last 12 months, but its only expected to contribute 9 of Earnings Growth in the next month. What that speaks to is just this market is more than just nvidia at the moment, so it really does need to perform well, but there is some broadening out which is healthy for the market. Stouter tooth got it. Taylor, thanks very much. Coming up, ive lived in america for 50 years. Im proud of my adopted country, but america has changed and not all for the good. That is the subject of my take at the top of the hour. Ive got the tell you though, i am still an optimist. Theres been a boom in gramping. Lauren went to the catskills to show us what glamping is all about. There you go. Lauren is next. Choose advil liquigels for faster, stronger and longerlasting relief than tylenol rapid release gels because advil targets pain at the source of inflammation. So for faster pain relief, advil the pain away. Sara federico at st. Jude, we dont care who cures cancer. We just need to advance the cure. Its a Bold Initiative to try and bump cure rates all around the world, but we should. It is our commitment. We need to do this. Stuart glamping, that is luxurious camping, is apparently in these days. Well, laurens in the catskills in new york. Lauren, explain to me what is considered glamping. Reporter glamorous camping. So you get the rural experience, including bugs which are all over me, but you also have access to a wine list and a really good one. There is a restaurant the right there 1000 feet away from where im standing. In this glamping option has increased many popularity for travelers looking to disconnect from modern technology, from the modern world and folks on themselves, go inward focus on themselves. There is a sauna, a traditional9 hot sauna, an infrared sauna, yoga class, mountain biking, ski resorts nearby in the winter, candle making, foraging classes and then the traditional camping activities like making your own smores. Its getting a new clientele. New campers, 34 of new campers last year offered opted the glamp up from 18 back in 2021. See . Those are the bugs. Theyre all over me. And its kind of a nobrainer because when youre camping, youve got to pack the car, you bring so much. I slept in a bed and had air a conditioning yesterday. But what the owner here is doing, this is one of three properties that he has, hes trying to tap into an overworked culture, a culture or thats looking to get away and get off the grid which is exactly where we are. I can not move, stuart, from this one spot that im standing in. Were using all of the powers of modern technology, a brilliant photographer, marthe if opinion, and i pucer sumner to actually producer sumner. I basically cant move, i am so off the grid, and it feels really good. [laughter] stuart apart from the bug withs, i understand. Reporter the bugs, oh, yeah. Maybe they can do something about that. Stuart come on back to the studio. Its airconditioned and theres no bugs here. Come on back, okay . Hold on a second, taylors reporter ill see you tomorrow. Stuart youve been glamping. Yes, i love it. The good thing is you still have heater, i went in the fall with my if husband. You have a bed, Running Water or and a toy met are. But its that same idea, no technology, no wifi, no electricity, you have a lamp, you have smores. It encourages going within, disconnecting from the world, you know . Stuart and its reasonably cheap . Yeah. Stuart okay [laughter] pressure on that one. Thanks for being with us for the hour. Thanks for having me. Stuart and well watch you at 1 p. M. Eastern on the big money show right here on fox business. Still ahead, will cain joins us. Hes talking about bill maher admitting donald trump is much more youthful than joe biden. Bret baier on the trump trial. What kind of image of american justice does this send to the world . Joe concha on the fight between Marjorie Taylor greene and jasmine correct continuing into its fourth jasmine crockett, and riley gaines. The 10 00 hour is next. All you have to do is take a minute, just take your time. All you have to do is stay. The best way to solve a problem is to keep it from happening. At evernorth, we combine medical and pharmacy data with Behavioral Health data to identify members in need of care. Predicting and treating Behavioral Health issues quickly. While lowering costs for Plan Sponsors and members. Thats wonder made possible. Evernorth Health Services looking good, guys thanks vacations are better with the credit gods are on your side. Im coming up rewards once available to the few are now accessible to the many. Earn points for travel with credit one bank, and live large. 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
comparemela.com © 2020. All Rights Reserved.