given the choice you're still the microsoft pick, right? >> still like microsoft. we do own apple in some of our portfolios. the challenge with both of those names are relative weights to the index. for us we have risk controls. we're not going enat index weights for either of those but we hold both in other portfolios. liz: j&j, caterpillar, crown castle. we have just under 40 seconds left here. we're about to see new records again. how long does this bull market continue? >> it has been really impressive. lots of things helping to do that. negative real rates. you have really positive earnings reports coming out this quarter. big wall of cash on the sidelines. looks like we'll still be in a accommodative position from a monetary standpoint. fiscal looks like kicking in additional dollars. could have support for the market head into next year. liz: you're making money for your clients. 24 billion in assets under management. thanks a lot. folks, i will say too close to call for the s&p. nasdaq will close at an all time record high at the moment. we're so glad you j

amazon, microsoft, google and even oracle to bid the $10 billion just icon, to microsoft under the trump administration is amazon sued, politically motivated with trump upset at washington post coverage with jeff bezos, the pentagon canceling the deal, starting all over again and this time the entire contract could go to more than one cloud provider, not just microsoft or amazon but all four in different parcels. stuart: the bottom line is amazon is not at the record high, microsoft is. and apple is. good stuff indeed for big tech. the first country, austria, first country in europe to make vaccines mandatory for all residents over the age of 12, got to get the jab in austria. austria begins its fourth lockdown next weekend germany's health minister says they won't rule out lockdown the the. rick grenell is former us ambassador to germany and joined me now. these chronic lockdowns over there, forcing people to get vaccinated, i don't think you can do that in the united states. what's the difference from here to there? >> there is a difference between austria and germany. i don't think it

stuart: i just find microsoft a fascinating company. they seem to be firing on all cylinders and not doing anything really wrong that i can think of >> and gaming. stuart: with a good public image >> gaming is by the way a huge business and people forget that gaming is a bigger business than all of hollywood combined. stuart: it is. >> isn't that incredible? stuart: it took me a long time to realize that but it's absolutely true. >> titles are worth more than box office hits, yeah. stuart: next one, you know this story. you gotta explain it to me. gaming platform, just restored after three-day outage. susan, what's this about chipotle being to blame? >> yeah, so reports say that the outage for the kid's video game maker goes back to halloween promotion event in partnership with chipotle that apparently crashed the site for three days. that's a big deal when you have close to 50 million daily active users, and oh, by the way, more than 60% of the users are under the age of 16 so they want their game and it's bad timing since it's hallowe

i'm already partner with facebook and microsoft and we will build on that. liz: this strikes me is not exactly the same thing but when disney bought pixar it was the king of animation then it looked to pixar and said you're really doing it in an amazing way. this is an opportunity for you to grab onto that. we should let our viewers know you ran electronic arts, the gaming giant and that's why you would've known about what for many years. talk to me about the possibility at some point, where you could envision dealing with major motion pictures. now that you have this acquisition at some point. >> a couple of things. disney is a company that has the best entertainment and intellectual property portfolio brand in the world. with pixar they got more the intellectual property. it is the leader of real-time treaty technology globally by a wide margin. now we've acquired tools that bring you a platform the largest audience of creators in the world. from our own respective businesses, this is our pixar were acquiring and intellectual property portfolio that is sta

is microsoft still a leader. we will ask robbie because he is here after this. ♪ what's strong with me? i know when i'm ready for a rest day. ...so i can be ready for anything... tomorrow. find out what's strong with you with fitbit sense and daily readiness. 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 switching wireless carriers is easy with xfinity. just lean on our helpful switch squad to help you save matching your job description. with xfinity mobile. they can help break up with your current carrier for you and transfer your info to your new phone. giving you a fast and easy experience that can save you hundreds a year on your wireless bill. visit your nearest xfinity store and see how the switch squad can help you switch and save. it's the xfinity black friday sales event. learn how to save up to $1000 on select phones by visitn

microsoft down $5, down 40, amazon is down 35. here's the reason why tech is down, the yield on the 10 year treasury moving up, 167 earlier, 164 now. big tech is down. another win for republican state. samsung chooses texas for its gigantic $17 billion semi conductor plant. a formal announcement comes this afternoon. reportedly they will billion taylor, small town 30 miles from austin. texas is on its way to becoming a major high-tech center. intel, hiring 1700 for its design campus in austin. elon musk moving to the's record is there. why texas? it is a pro-business state. executives and high-tech workers flooding in phase low taxes. minimum of regulation and the governor committed to prosperity. businesses not exactly flooding into california. business is going the other way. escaping a failing education system, draconian environmental rules, skyhigh taxes and the governor who never met a mandate he didn't like. new jersey or illinois, business takes a backseat. capitalism and exploitation. big state governors stamp their feet a

they would be a microsoft ecosystem for a long time. microsoft will be battling it out with google, and apple and years to come. lauren: speaking of capital gains taxes, taxing wealth, that is very much on the table for build back better? the bill passed the house, go through the senate can it still provide wealth in the country? is that something we see on the horizon? >> the current administration wants to attack the wealthy and the successful. it is never worked in the past, previous administration, the successful people as we are seeing from a lot of people. it is going to pass, we will keep a favorable tax rate, we have wealthy people figuring out the best way to find the tax haven. i would not be concerned about that. lauren: don't move there permanently because we will miss you. the office plans, most workers at goldman sachs and morgan stanley, are back on a rotational basis. they have been back in the market since september. wells fargo bringing them back in the new year. goldman adding new benefits so their employees don't bur

stuart: let's have a look at microsoft. why not? we have deutsche bank saying microsoft has room to run. that means it could go up what level? >> you like this other term in this analysis which is the gold standard which comes to technology shares, that is what they say microsoft is, $390, or another 20% upside and the reason it is the gold standard which i know you like, because microsoft has the widest and deepest mode of any company. do you believe that is true? the x boxer windows operating software. when cloud is number 2, yours is number 2, it has faster growth rates but don't know if there is anything competitive. stuart: don't know about that but i do know they are firing on all cylinders. >> stock price going up. stuart: where's the negative? >> the legacy business, everybody knows that and it is execution incidental. stuart: one more. the online education people are down 40%. what happened? >> students are not coming back, business is not doing as well as anticipated. a huge drop. students are not coming back as anticipate

i'd rather go with microsoft and nvidia in fact i've got my money in both those companies facebook is under a lot of pressure but the thing is charles this is so cool. the amount of data getting used in ways we haven't begun to think about, companies like that are going to blossom. we're going to be doing things in five years that aren't even beyond imagination today. charles: i did, i'll admit, my granddaughter she's nine, for her ninth birthday i did buy her the vr goggles so listen. i think our kids if they aren't in it, then they probably miss out on all of the great stuff coming up in the meantime, growth acting great again. so weird having value growth debate. i do it because sometimes it's in the news but i'm a growth guy myself and you are as well. what do you make of how its moved into another high gear? >> well, again, you know, you've gotta go with the winners people ask me about that all the time and i put it to them this way. does it make sense to stop your horse if you're winning the race and switch to the one that's losing? the answer is no. the world is going forward t

companies like microsoft and apple has been up 500% past five years. 40% is nothing. a speed bump. charles: i tell people, with low, five to 10% stop. you can't be in big winners and have stops at the same time. choose one or the other. alan, you're old school. check you out on internet. asslike slow you like slow and build fortunes do you like high flying names like nvidia and microsoft is doing everything right and i will deal with the wild swings? >> thanks for have hing on, charles. i like tech stocks. i know you call them high-flyers. particularly focusing on microsoft or nvidia if your product is largely an intangible product like a google or a facebook that is the majority of your revenue you're not so worried about supply chain issues unless you're of course selling physical goods that need to be shipped. so i really kind of like a lot of the tech stocks because their labor pool is not sort of low-skilled worker. they're kind of at the higher end of that labor pool. they are not shipping things. i like tech stocks here. charles: keith, i'm spying payment stocks. they're dow

microsoft closing in on 340. illegal migrant applications at the southern border surged compared to the same time last year. bill, is that the highest october number ever? >> uses in the number is not surprising because once again we had quite a bit of activity where we are standings this morning. we will get to the video and show it to you. we shot this this morning. 200 migrants showing up in la jolla, texas. they cross illegally, they give themselves up, mostly family units. they walk down the road, look at this other piece of video we have from the air and the ground and once they cross illegally they walk around the incomplete border wall, it is called military road and they are in smaller groups, they arrive at this ballpark and this is where they turn themselves in but it is not just these family units costing illegally, there's the runner element, this started at 5:30 a.m.. look at this video we shot of a group of 30 runners who were apprehended by border patrol, single adult men, single adult women who d

stuart: have you ever done a zoom meeting and/or a microsoft teams meeting? i mean? >> the same day in the same hour? yes. stuart: are they comparable? >> they are comparable i would say also google meet depends do you have a gmail account because it's easy to just push the button on the e-mail box itself so there's a lot of competition with ease-of-use and less friction. stuart: susan thank you very much indeed. the media reports that president biden has told our allies yes, he will run again in 2024. look, he's going to be 82 by then, and if he runs, he will have to mountain under energetic campaign, and he has to say this he's got to say, i'm running. if he were to give the slightest hint that he will call it quits after one term, he has a mad scramble to get in line, a disaster for an already badly- divided democrat party, okay, and it would put even more pressure on the already- embattled vice president harris. what a situation. less than a year into his presidency, there are widespread fears he's not up to the job and surrounded by crisis of his own making, he'

microsoft hit an all-time high today. microsoft down to 332. bitcoin is lower. down to 61,800. 10-year treasury yield is below 1.60. significantly so. 1.56 is the yield there. 10:00 eastern, latest reading on the service sector. what do we have? lauren: much stronger than expected, increasing second month in a row to 66.7, stuart. i'm surprised the market is not moving to the upside or more towards the flat line because of that. factory orders, stronger than expected the .2 increase in september from october. two good reports. stuart: inflation? lauren: yeah. stuart: kind of -- opening it up. lauren: fed. wait and see what jay powell says and does today with the two ts, taper and timing. stuart: good news can sometimes be bad news and bad news can sometimes be good news. lauren: sometimes we're confused. stuart: but we're not. this is the defeat of the left. the high point of socialism may have come and gone. we can but hope. democrats in new jersey and virginia tried to make the election all about trump. it was more about the failures of biden. all the leftist

high quality and maintain the big positions in the google machine and apple machine and netflix and microsoft. you have to continue to do very well and you want to balance that with very large financials that have the scalable theme. charles: speaking of financials the getting hit for the good. tips are pointing to higher inflation but it keeps drifting and drifting. how do you deal with that in your portfolio you like the big financials but the proposition the reason people say that you should own them is because deals will go up and that is not happening. >> i don't think that's a reason why from a fundamental perspective the money center banks and asset managers and the brokers appeal to the cmo scale and i think the regional banks will have a tougher time because of net interest margin being tighter but the big banks will do just fine. by the way i think 2022 is going to be the year of special dividends, huge dividend increases in buyback not only in the big banks in the u.s. but here in canada. it's a major theme as they return capital to shareholders and that will work out well for thos

hit another intraday high, microsoft is at 334. it hit 335 earlier. the yield on the 10 year treasury is down to one.25%. that's why big tech is doing well. there's a correlation between the two. 152 on the 10 year. now this. the great climate conference in glasgow has all the scary talk we are used to from the climate crowd. how could president biden fall asleep when world leaders were warning of armageddon. the secretary-general says fossil fuels are pushing humanity to the brink. britain prime minister boris johnson says without climate action mankind is at one minute to midnight it if we don't act, worldwide anger will be uncontrollable. president biden thinks climate change is an existential threat, a threat to our whole existence. i -- in my opinion it is meaningless. which countries apart from the united states have met their carbon reduction goals and which countries are going to commit to cuts in the future that will meet the un's goal? very few and if they did meet those goals many of those world leaders would be voted ou

charles: you have to tip your hat to microsoft. they reinvented themselves. >> unbelievable. >> now it is a metaverse play. gary, phil, always enjoy your conversations. always wish we had more time. how my mac and cheese mishap, can tell the biden administration it is time to drain the pot, not ad more. i will explain. people are quitting jobs in droves. why are they not feeling more confident about the economy? it's a we are mix. we'll delve into it. as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com this is elodia. she's a recording artist. 1 of 10 million people that comcast has con

met tax facebook, microsoft. n individual quo, qualcomm, we're talking about a world that connects virtual and video world. 3d. you need stocks. you have sandbox that are providing land to companies like atari, believe it or not they have a major facility in central land. they are pretty much like real estate owners here. that is a stock to watch. probably been off everyone's radar 20 or 30 years or so. shopify which will help essentially allow payments and i always keep an eye on nfts. i think nfts and the metaverse you leakily connected. >> okay. >> nfts for landowner ship, nfts for concert tickets. go to a museum in korea to show your identity. all of different ways. charles: speaking of korea, apparently seoul, seoul, korea creating their own metaverse. you've been the pied piper of this thing particularly in europe. seems to me if there are a million different versions of it will be we be more connected or less connected? >> as we said -- leading the way showing how to build the metaverse but look with the i

amazon, alphabet, all the big names and microsoft down one%. the 10 year treasury yield bouncing around, one.68% on the 10 year. looking at crude oil a slight jump of $0.07 up 0.one% at 7857 a barrel but this just in. a white house spokesman says 96.5% of federal workers have received at least one covid jab or asked for exemption. 96.5%. that's a lot of folks. vaccinemakers are down today in a down market. still ahead, molly hemingway, pete hegseth, joe can'ta. that is next. (vo) the more we do with our phones, the more network quality and reliability matter. and only verizon has been the most awarded for network . . according to customers. there's only one best network. the only one ranked #1 in reliability 16 times in a row. we are building 5g right. hi i'm joe montana. when you get to be 65, you have little patience for nonsense and inefficiency. you know what works and you become a pro at pretty much everything. ♪ ♪ that's why when i qualified for medicare, i went with wellcare. ♪ ♪ with no cost or low monthly premium plans, and no

let me check microsoft. it has hit another all-time high. it is on track for a second record close, 340 on microsoft. show me meta-. the social media platform rolling out a new feature that will allow popular users to get paid for live streaming content. they can buy badges that will make their questions and comments more noticeable during live streams. still on meta-they revealed a virtual-reality glove and it was copied from their ideas. what is going on with this glove? >> a company called sorry about that, called x center patented the technology for the feedback glove and demonstrated to meta-executives, it is coupled with virtual-reality to give the illusion the user is physically touching an object in a virtual space. the ceo, jake rubin says his company had hosted many engineers, researchers and executives from meta-to demonstrate the groundbreaking technology. in a press release meta-says it's teams have been working 7 years on various technologies that went into with gloves. meta-has yet to respond to those claims. stuart: tick-tock

microsoft as well. by seagate technology. cardinal health caesars entertainment, nasdaq winter amethyst, micron text, synopsys, adobe, none of the big techs are on that list. dow industrials in early going going up 90 points, that is a 12:45%, 10 year treasury at 156, price of gold at $18.59. bitcoin in the low 60,000 range, oil $80 a barrel, natural gas hovering around $5 per million british thermal unit and the average price of a gallon of regular is still $3.42. regular now averages in the formerly golden state $4.66. next case former president obama's economic advisor admits this administration is caught flat-footed. >> doesn't look transitory. it doesn't look to be a few specific factors, in september when they went back to school the labor force would grow and it didn't happen. >> what is the president's inflation plan? inquiring minds want to know. not just car prices soaring, new ones that you back as well. we will tell you how much? it is a big number. if you are looking to make money, top tech analyst mark motthaney

that is it for us, hope you have a good evening join us again tomorrow night of microsoft. kennedy: welcome to the best hour of your day, best day of the week. call it the first major referendum on the biden presidency, tomorrow's high profile virginia gubernatorial election but one time democrat insider terry mcauliffe plaza, what does it mean for the biden agenda? and 20222024? not looking good right now. mcauliffe is running against political newcomer glenn youngman, he's got money. a few weeks ago it looks like mcauliffe has this in the bag polls had him up double digit but then insulted just about every parent in the commonwealth he said they shouldn't have any say in what schools talk. essentially, his worst moment he's not been able to reverse and polls set swinging almost immediately not in his favor. young can is on offense arguing he understands what virginians want and a leader. >> tomorrow virginians will go to the polls and we will make a decision about our future and let me tell you it's going to happen, we are going to sweep our statewide offices. [cheering]

, the best tech stock on the year, 70%, could catch up, to assure and microsoft. stuart: expedia going strong. >> what is powering their bottom line is there air b&b competitor, the home rental, domestic travel, the entire travel stock, the airlines, welcoming vaccinated international travelers starting monday and boosting travel stocks at the pfizer covid pill. this broke 15 minutes ago, the wall street and reporting the wall street journal is joining the sec in investigating a startup for overstating their production and what the technology is. stuart: an investigation will do it every time. republican glen youngerkin won the governor's race while keeping trump at base. the republican national committee, joined me now. keeping trump at arms length. is that the republican template for 2022? >> i don't think trump was at arms length at all. mcauliffe talked about trump every single day. trump endorsed youngkin to get into the primary and trump was pivotal in doing tele-rallies in southern virginia. i don't think that is a winning strategy. stuart: youngkin would n

microsoft, apple, alphabet, amazon, meta platform ifs all on the upside. let's get to tesla. we know musk sold about $5 billion worth of shares. hey, susan, good morning to you what's new on tesla morning in. >> no tesla sold off -- so tesla sold off this week after elon musk tweeted out asking if he should sell 10% of his tesla stock. well, it turns out he already had that plan in place to sell his stock in mid september. that's when he planned it. and he planned to sell the stock this week, so it wasn't a big surprise really for him, and maybe that old wasn't the reason -- that poll wasn't the reason why he's offloading some of his tesla stock. take a look at the capital gains he has to pay, that's the main motivation for this stock sale. he told 4.5 million shares at $1,000 plus. he only paid $6.24 for those options, so you do the math, stu, on that monstrous tax bill that he has to pay. this has to do with those expirings in august of next year as well. you you know how it works, right? you use them or lose them, so think about another big sale to come probably in the nex

alphabet, amazon, microsoft turned up but not by much. let me this the stock of the day. nvidia a terrific earnings report this morning. they're up 11%, company of that size a 11% gain is monumental. 1.59% that is important, be just below 160. 10:00 eastern on thursday morning that means the mortgage rates. number please. lauren: freddie mac, 3.1%. up a bit last week. why? strong spending on the home. everything that goes in the home. dagen: i sense a rise in mortgage rates, not much but a rise gradually. halcyon days -- lauren: much lower and that you paid for your first home. dagen: that's true. thank you, lauren. now this. >>> the president's vaccine mandate is frankly falling apart. there is significant resistance to getting the jab and real confusion about which vax to use and when to use it. i'm all in favor of being vaccinated but i'm against forcing people, threatening their job or ability to travel or eat out. that is draconian and it is silly. you have to show proof of vaccination to attend the outdoor times square ball drop on new year's eve? as the president w

there were five stocks, apple, google, amazon, microsoft. those are the stocks that don't have extraordinarily high pes that we can still count on going forward. after that year end a half ago the narrow leadership the market defined for that year end a half so it's about separating nonprofitable tech gross stocks from those that have stable earnings from liquid cash flows and we think will produce good results for investors into 2022. charles: so we both say don't panic although david is more in coal and that's why we love them. very much appreciated. crude oil continues to fall that has been buying off. one of the best oil analyst at the coming up. also, another bombshell today, basically admit to tax laws in order to promote a complete government makeover takeover of our tax system and might even violate the constitution. i can't wait to hear what he has to say about it. he's after the break. ♪♪ 's jay powell testifying in front of the senate banking committee today where he spoke on inflation and the economy were progressive such as

microsoft new high. neil, it is yours. >> thank you, stuart. we're looking what is going on technology, particularly with microsoft. this has been a quiet underperformer. that is what we were told, hey this thing is under fire. it doesn't translate to everyone in techland but we'll break out the numbers for you. have we a packed two hours for you. we have the best buy founder, richard schultz, what he makes of the supply disruptions that impacted what you can get and how soon you can get it in techland. the migration of some 2,000 disney workers from california to florida. it is causing big disruptions back in california. even bigger disruptions in florida. the housing crunch is on in the orlando area. we'll tell you all about it. in the meantime, we're focusing on the president of the united states, focusing yet again on that infrastructure-only package that was signed into law on monday. he is going to be exploring a electric vehicle plant in detroit. the big theme will be, that this will be the mode of transportation for us. maybe the only m

microsoft shown us we should have quite a few beat and races coming out of this week and next week -- raises. as a bellwether they crushed it on the cloud. i'm watching for the once that are strong and we'll likely move in after earnings. charles: beth, i have less than a minute but real quick the shorts in general have gotten retreated, they have gotten beaten up pretty good. they loaded on ark funds. they have tech sexy names. are you concerned that overall this tech space is at least a little stretched short term? >> i think it is a gamble what the shorts are doing with ark. because the cpi number came in hot. they're technically going long inflation. that is great but what is november's inflation numbers are better than expected? the market will file into high growth. we have hedges, safe havens for inflation and keep high growth in our portfolio as well. i think gambling on those kinds of numbers is tough. personally we're rooting for arkk. we're hoping shorts get burned. charles: you know there is an old saying on the street, shorts go out on the field. don't feel bad. they like

adobe, microsoft. and just a long list -- advanced microdevices, nvidia. these all have one constant, and that is strong earnings and revenue growth and great rellive strength. and i can just tell that the big institutional crowd are in there. and a little bit earlier advance declines on the nasdaq were actually down, so the money flows remain, and i think it's going to be that way at least into the end of the year and as we head into the first quarter. and, again, there's a reason, just strong earnings, strong sales growth and the ability to deliver. charles: hey, do you remember the commercial for the shrink key? slinky? ♪ a slinky, a slinky, a wonderful, wonderful toy. ♪ing a slinky, a slinky, it's fun for a girl or a boy ♪♪ [laughter] all right, my man, i'm going to go look for a slinky this weekend. >> don't forget operation the game. charles: i'll get that as well. see you soon. >>> coming up, panic attack on wall street, cryptos passed the are test. and will the latest covid push through more social spending programs? brian wesbury, he's nex

that is it for us, hope you have a good evening join us again tomorrow night of microsoft. kennedy: welcome to the best hour of your day, best day of the week. call it the first major referendum on the biden presidency, tomorrow's high profile virginia gubernatorial election but one time democrat insider terry mcauliffe plaza, what does it mean for the biden agenda? and 20222024? not looking good right now. mcauliffe is running against political newcomer glenn youngman, he's got money. a few weeks

now if you don't know this name, lolly is paired with thousands of online retailers from microsoft to ulta to sephora and macy's and more and the buy button sends free bitcoin, little pieces of it, as a crypto reward to your account, like you promise, only bitcoin is your reward to lolly ceo and co-founder joining us in a fox business exclusive. tell me how cyber monday and black friday was for you guys. >> absolutely incredible. we've had three consecutive record breaking months leading up until this weekend, and we broke every record that we had, so online shopping is up dramatically for us and our partners, we're driving more sales than ever and then yeah, we've 3x'd our year-over-year growth with our average cart size, so all of the trends are showing that bitcoin rewards are driving more sales for our merchants and people want to earn bitcoin more than they want to earn cash. liz: you know, this is really interesting, because any online shopping site that's watching right now, not all of them, but a lot of them, are having severe envy at the moment hearing that you had recordbrea

beloved microsoft is teaming up with facebook. integration with face bob team, zoom killer, conferencing product. megacap companies can't find a explanations to collaborate together. not winner-take-all necessarily in technology. stuart: not winner-take-all. i will remember that. thanks, susan. >>> president biden will visit the port of baltimore today. he will taught his infrastructure plan. edward lawrence is there. edward, that port doesn't really have as many supply chain issues as the california ports. is that why he picked baltimore? what do you say? reporter: yeah, we're only about an hour from the white house here. he doesn't have to go very far from home. he will be here later on this afternoon. take a look, this is a smaller port as you mentioned but there is work still going on here and the bipartisan infrastructure money here will immediately go to raise the height of train tunnels so containers can be stacked higher as they go through the midwest. brian deece told me, the money will unclog the supply chains but could

big tech, all of them now moving higher, microsoft, apple, alphabet, amazon and what we now call meta-- which used to be called facebook -- all of them on the upside. general electric is splitting into three public companies. tell me more, susan. >> yeah, the company founded by thomas edison almost 130 years ago is splitting into three companies, aviation, health care and power. and the name and the ceo, larry culp, will go on to live at ge aviation. i'm sure you remember the days when ge was america's biggest company, but as you know, it's struggled over the past 20 the years. ceo larry culp has been trying to turn the company around for the past three years, and ge did that reverse stock split this summer. it helped the stock, but it really didn't help the business, and we know that the aviation business, its main supplier will be to boeing, right? $22 billion sales business, power renewables, that was actually surprising, actually a bigger sales business at $33 billion. stuart: got it. now let's talk about nvidia because luminar ask is nvidia have some kind of deal going here, and

seamless and it saves a lot of money but they have been doing this behind-the-scenes the other big guys microsoft, apple. they get all the attention but it is interesting that technology even in the face of inflation and interest rates that could go a lot higher is absorbing the body blows quite nicely. >> in the case of apple is a catch up you think it's an apple car news that we've been hearing about for seven years. i think apple has underperformed and you see google go up by 70, 80%. neil: you look at nvidia and all the other stuff. >> why don't accounts ever do their own taxes. >> are smart enough to know that there's always somebody smarter than us. neil: i would like to see mitch doing all of that himself. >> i would pull out a pencil in and atticus, it would be ugly. neil: a lot more coming up the dow down 300 points, technology in a different story oil so i did a little bit pre-there is a cost purpose because whatever the improvement we've been making a covid anything but a broad they will have lockdowns instituted in austria, germany is dealing with the new wave of record cases. russia

microsoft 2 1/2, apple, 2.3. bitcoin if it was an actual stock and a company it would be the fifth largest company on the planet t would be tied with tesla which is worth 1.2 trillion as well. bigger than facebook which i found surprising. facebook has dipped below the trillion dollar mark. neil: a lot is recent? reporter: shiba inu is a joke coin on a joke coin. that is driving the bids. solana and ethereum are used in nft trades. nft trades were $10 billion in the third quarter. that is up 1000 percent from the last year. solana is at a record high, ethereum is at a record high as well. neil: anything having to do with this is helping. what is mered to me, much of the cryptocurrency surge has occurred right along with the stock surge. because of all the money out there. there has been so much money printing. the money supply increased 30 to 40% this year. it has to go somewhere to chase returns. i would say cryptocurrency rallies have helped the stocks as well. look at coinbase. i will throw out coinbase and th

zoom also facing challenges from competition, including microsoft teams cuting into margins there. zoom shares now better than 8%. meanwhile, president biden nominating jay powell for a second term as the chairman of the federal reserve as he stressed the importance of getting americans back to work and keeping inflation low. watch. >> i believe jay's the right person to see us through and finish that effort, while also addressing the threat of inflation. maria: the president also set to nominate federal reserve governor lyle brainard as vice chair woman, the most important post for overseeing the banks. markets were mixed on the news, take a look at the close yesterday, markets finished with a sharp decline on the nasdaq, down 202. investors are recognizing rate hikes may come sooner rather than later. dow industrials were up 17. senator elizabeth warren already announced she will oppose the nomination of jay powell but powell does have bipartisan support. senator pat toomey says he believes powell will easily get confirmed. we will take a look at brainard as well and the prospect

microsoft up, apple up. alphabet down a tiny -- it's down 76 cents at $2,972 per share. amazon, $3,500. meta at 343, how about that? we did have some earnings before the bell including oatly. that's the singing guy. >> yes. one of the cofounders. stuart: what happened? they're down 20%. >> i guess the euphoria wears off. sales were not great and oatly said they are facing challenges in the supply changer so they're blaming covid restrictions which they say might slow its scale-up. but i think it's the exponential marketing. stuart: it was a great commercial. could it be that people just don't want operate milk? >> i think there's probably saturation because i think one of their largest customers is starbucks. all of that was built into the price on the ipo. stuart: i think we agree on this. >> great. stuart: titan, what have you got? >> a program they say will save about a billion dollars each year. it's about saving money, maybe not as much growth. stuart: you know what i really want to hear about -- >> yes, we all want to talk about this. stuart: elon musk's twitter sp

microsoft and amazon recently both suspended facial recognition sales to police and ibm outright ended sales of the product as well. joining me now is tech analyst and star ship capital managing partner, john meyer. there are literally hundreds of billions of images of all of us because of facial recognition technology. what is your analysis of facebook now shutting down this technology? >> well, first and foremost, i'm known as one of the biggest facebook/meta skeptics out there. each as one of them, i do believe this to be one of the most positive moves by facebook in years, largely because for the first time we're seeing them literally go against their dna, go against their dna of bringing in as much user data as possible to increase engagement and sell ads and there's only one force behind this, i'd say, and that's apple with their big privacy push which is affecting facebook's ad business and affecting facebook's public perception as the entity that really just wants to sell your data. maria: yeah. i mean, i think it's really noteworthy the that all of these companies are recogniz

last month, microsoft closed down linkedin in there. the departure largely symbolic as the company started pulling services back in 2013. apollo acquired yahoo and aol from verizon last september. apollo down more than 1%. the caravan of migrants heading to the u.s. southern border is slowly shrinking. 3,000 people have completed the 10 day trek but mexican officials say six people including five children have come down with a mosquito borne infection. several kids are dehydrated and have fevers. the weather is impacting people as well, heavy rain trapping the group for two days. apple may add a life saving feature to the iphone, a feature that will automatically dial 911 if you're in a car accident. apple has been testing the crash detecting ability of its phones over the last year. they detected more than 10 million sus be expected impacts -- suspected impacts. leading to 50,000 911 calls. no details if they'll move forward with this feature. finally, there is this. tropical storm wanda forming in the atlantic ocean over the weekend s

for example, microsoft announced recently they're putting their third national hub here in georgia. so we're seeing growth in all areas of the economy. if you look forward to moving to net zero and electricity displacing, for example, carbon-based transportation fuels, electricity sales are expected to grow more than we thought in the past. maria: yeah. and really, tom, the regulatory framework has so much to do with the -- with that growth story and its impact. walk us through the regulatory story, the framework, how in some states you're seeing a real benefit. what can you tell us about the vogel nuclear project and what the regulatory framework means for that project. >> well, a really important story is what they call market structure in the southeast. i bet a lot of the viewers don't really get this. but there's about 50% of america that went through i think a failed experiment on deregulation in the electricity sector. that is, they separated the accountability for making, moving and selling electricity. in our area of the united states, and frankly about half of the united st