and intel. they face now inflation fears as well as operating in a higher interest rate environment. they have also been cost cutting, putting cost cutting measures in. dancers are key is a debited dancers vicki says he is not optimistic about technology stocks in the united states. dan suzuki. i don t really see any reason to expect anything different from what we have seen both from these companies over the past couple of quarters but also from the companies we have only heard from his earnings season. i think what is clear is growth is slowing and this is hurting these companies notjust on the revenue front but the profitability front which i think is front and centre for markets. we were talking about meta layoffs and other big companies, also the collapse of the silicon valley bank. do you think that maybe this is finally, the pay might be over in the next quarter? the pain might be over. nothing i m seeing in the data is really suggesting that. again, wejust he
from consumer companies like microsoft, samsung and intel. the technology sector has enjoyed rapid growth during the pandemic but they now face inflation fears and are operating in a higher interest rate environment. there been higher cost saving measures going to place, for example meta announced it will cut 10,000 morejobs this month that s on top of 11,000 jobs that s on top of 11,000 jobs that go last november. the deputy chief investor at richard bernstein investors is not optimistic about the stocks in the us. i not optimistic about the stocks in the us. ., , ., , in the us. i don t see any reason in the us. i don t see any reason to in the us. i don t see any reason to suspect - in the us. i don t see any i reason to suspect anything different from what we have seen. both from these companies over the past few quarters but also from the companies we have heard from this earnings season. what s clear is that growth is slowing and that is hurting these companies, n
congress. we ll have the latest on the shocking unrest and how these riots were inspired by the january 6 insurrection. meanwhile in, washington, kevin mccarthy starts his term as speaker of the house after a week of chaos and failed votes on the house floor. we ll take a look at the significant concessions he made to secure the position he sought for many years. and the latest from president biden s about it to the border as he faces more pressure to address the humanitarian crisis there. good morning and welcome to way too early on this monday, january 9th. thanks for starting your day and week with us. there is developing news this morning out of brazil. yesterday thousands of supporters of the nation s former president breached multiple government buildings. video shows the moment that s rioters stormed the nation s congress and the supreme court in the capital of brazil. the chaos comes one week after the inaugurationst president desilva but falling on a day wher
over 50 migrants that arrived on wednesday. griff jenkins has the latest. griff: good morning, the governors achieved one goal, they got attention. axios says they will meet today including litigation options after 50 landed on martha s vineyard and 101 were dropped off outside kamala harris s home yesterday, which she refuses to talk about. griff: president biden was willing to talk accusing republicans of a political stunt. instead of working with us on solutions, republicans are playing politics with human beings, using them as props. what they re doing is wrong, unamerican, reckless. griff: on the tiny island paradise where many selel rities vacation, it is causing a crisis. some point in time, they have to move them somewhere else, right? we do not, we don t have the services to take care of 50 immigrants and certainly don t have housing, we are in a housing crisis. griff: the population of del rio, texas is 35,000, they had 50,000 encounters in july alone
carley: top democrat caught sharing concerns for midterm including big warning for house speaker nancy pelosi as the click ticks closer to november. you re watching fox and friends first on this busy friday morning, i m carley shimkus. todd: i m todd piro. those stories in just a moment. we start with ashley strohmier for more on the democrat warning. ashley: despite nancy pelosi s optimism about keeping the majority, chuck schumer is singing different song. chuck schumered there is 60% chance they would hold the senate and 40% chance they would hold the house, adding nancy pelosi could be in trouble. he believes trump will run in 2024. people say president biden struggled to unite the nation. he s more of a puppet than a leader. i think he s trying to be a unifier, it is really rough right now. everything he s doing is totally the wrong thing. ashley: the gop is seeing increase in voters. there is a disconnect that latino voters feel with modern democratic pa