Im larry kudlow. Joe bidens law fare attack on donald trump and bidens put ago knife in israels back are both blowing up the Biden Campaign right now. We have north dakota governor doug burgum to talk about that and other things and experts believe far more Israeli Soldiers will be killed as a result of bidens arms embargo on israel hawaii a terrible story this is. David friedmann and senator kevin cramer and Mike Huckabee and the president s decision to embargo arms to israel is incredibly unpopular outside of the Bernie Sanders wing of the democratic party. Another untruth on the economy is he claimed he inherited a 19 trying to spend about 1. 5 trillion in the next six months to buy votes and juice the economy. Well, first of all, nobody can spend 1. 5 trillion in six months. Nobody. But if they will did, the inflation rate jumpeds to 10 . Meanwhile this is not the 1930s. Joe bidens economic ratings are running 20 points behind trump. Working folks dont want things that will damage
Nasdaq climbed, s p. 51 im sure you have some stocks. Maybe moving into something a little more placid like the industrials. At back my Old Hedge Fund we reviewed our positions three times a day. Thats right every day. Three times a day id have to defend them to karen cramer, our head trader. If my enthusiasm flagged at all, if there was a negative news story, a downgrade, a price target cut, or even if the stock was just heavy where sellers didnt seem to care what prices they sold their stock at, shed deem it vulnerable and kick it out. Whether i liked it or not. Sell sell sell sell sell it was brutal but necessary. We had to contain our losses they were looking over our shoulders. And when it came to dead money forget about it. Shed say lets boot it and come back at a better time, there are other stocks to own that can win. You see this attitude a lot from people that come on our network, dont you . Theyre running money aggressively they can vacillate constantly i did the same thing
Much cheaper. Austin is laughing. Im not laughing. Thats a regular tuesday night for austin. Thank you very much, charles. Okay, so the bulls are a little winded as we kick off the final hour of trade after notching the fourth straight win some red on the screen and dow bulls are treading on track for longest winning streak since d ecember 19th and led by boeing, am amgen, cisco and jp morgan and dow up 120 and getting it there, not one at the top of the dow and nestled into the top ten best performers is microsoft. President joe biden juicing up the tech giants big investment in Artificial Intelligence during a campaign visit to racine, wisconsin, its a live picture of the president there at a Campaign Event talking to voters in the battleground state. Biden along with microsoft president brad smith announced a 3. 3 billion investment to build a new Ai Data Center, but also a Training Center for it in the city of racine. Lets go live to fox business Edward Lawrence in wisconsin right
Maria good Tuesday Morning everyone, thank you so much for joining us this morning. I am maria bartiromo, tuesday may 7 from the milken global conference in los angeles your top stories right now 6 00 a. M. On the east coast the latest in rafah israeli officials have gone in the officials confirm either taking control of the rafah crossing after launching a ground operation yesterday more on that coming up this morning with texas congressman keith self and virginia congressman rob wittman still ahead antiisrael protesters speaking havoc around new york city hundreds of demonstrators taken over central park yesterday burning the American Flag, vandalizing memorials, blocks away from the met gala which they also traveled up to more on all of this coming up, new york versus trump the trial resuming with a brandnew witness while judges threatening to throw donald trump in jail for violating gag orders who they said yesterday. This is a political witchhunt election interfering and really tr
Rafah has begun. Israeli tanks are in the city. In response, the wall street journal reports that President Biden is delaying the delivery of precision weapons. That means biden is denying muchneeded weapons to do our ally at a critical point in the war. These new developments in gaza will likely enflame the antiisrael demonstrations weve been seeing. Last night if much of new york city was brought to a sandstill as propalestinians blocked traffic, burned the flag and vandalized a world war i monument with. No impact on the markets at this stage. Stocks up monday, a mixed picture tuesday morning. We start with the dow industrials, please. The dow is going to be up about 30 points when the opening bell rings. S p up about 6. Now, disney, they reported their earnings earlier, a key part of their streaming business was profitable for the first time. Theme parks continue to do well, but the stock is down and down sharply. Your off 8 at this point if youre off a 8 at this point. In one hour