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tv   Varney Company  FOX Business  May 6, 2024 10:00am-11:00am EDT

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[city noise] investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? (♪) or, let curiosity light the way. at t. rowe price, we're asking smart questions about opportunities like clean water. and how clean water advances can help transform our tomorrows. better questions. better outcomes. t. rowe price ♪ ♪. stuart: starting you up by the week. stuart: i can get into that not bad at all, let's move on good morning, everyone 10:00 o'clock eastern check out your money we've been in business for a
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half-hour on wall street and the dow was up 100 and so was the nasdaq up 106 points as we speak the ten year treasury right around four and half% that is not upsetting investors, the price of oil below $80 a barrel 78.84 and bitcoin it was 63000 it is now at 63900 that is the market, now this. like him or not donald trump is running a dynamic campaign president biden is not, trump is supposed to be bottled up in court and so he is four days a week putting the remaining three days and after the trial adjourned for the day trump is anything but bottled up he was in miami over the weekend and a huge crowd this is becoming a daily event trump works the crowd, they love him, enthusiasm runs very high it's hard to imagine president biden getting that kind of reaction it's hard to imagine him working a this is
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very important politics how you come across makes the difference what people see on the local news is a challenger out about every opportunity versus a sitting president who never speaks off-the-cuff and never met a crowd that is truly enthusiastic. before the miami grand prix trump appeared at a bodega in a chick-fil-a and atlanta to the very positive reception. they were all over him, same story with his visit to construction workers and firefighters in new york all over chanting usa, usa this saturday trump will hold a rally on the beach in wildwood new jersey he's hoping to bring in 40000 people, biden may be at the beach two and his delaware home but there will be no crown. a presidential election is about the issues and also about the public perception of the candidates the pack nostalgia so far is not going to change that is because biden cannot match trump on vitality, energy and connection trump connects to the
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people, biden does not, second hour of "varney" just getting started. jason chaffetz with me this monday morning, trump has the momentum heading into november. i'm sure you have seen this a judge has threatened jail time if trump continues to violate the gag order this is another threat i would think that would help trump even more. >> it does go ahead through the leading candidate for the presidency of the united states in jail for using the first amendment speaking out loud are you kidding me they are so unhinged on the left these people totally lost perspective and was important in the united states of america the president has a right to speak and he should be able to exercise his first dilemma right whenever he wants. >> arkansas senator tom cotton is pointing out biden's comments on the anti-israel protest,
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watch this. >> absolutely too late to weeks after the pro-hamas fanatics have taken over a lot of campuses. he said we should have anti-semitism or hate speech an abstract or islamic phobia. where are the encampments on campuses spreading islamic phobia why is joe biden so equivocal why does he have to draw moral equivalence between thousands of students who are setting up little goddesses across america with hate speech against jews assaulting jews, disobeying the law and the fictional encampment that is spreading islamic phobia. stuart: does he have a point? the president seems to be playing both sides. >> 100%, this is a problem with joe biden he is absolutely so bad he does not take a principled approach what these
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processes are doing is the equivalent of terrorism they want to scare the living daylights out of the university, they're talking about the killing of jews for goodness sake. if it was the other way around they would've never allow this to happen so the senator is right some places like florida and georges have dealt with it properly the other places are kowtowing to the protesters these punks why should they get any federal dollars i don't want one set of my taxpayer dollars going to fund these activities and these people and these universities. the president of the united states is sitting on the sideline trying to figure out where the wind is going because his radical left-wing base is out there doing things we never thought we would see in america. stuart: we have reports that rafah is about to be attacked the citizens are being urged to evacuate that's what we've been told so a ground attack is imminent. when it happens what happens to
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joe biden what happens to the democrat party. >> i wish the president of united states would say give up your hostages we have americans that are hostages and were going to root out terrorism wherever it is but he won't take a principled approach that's what he should say into the people of the united states who think they want to tear down the united states and make a big issue you can protect your government that is as american as i get but you gotta do so peacefully and when you break the line and you threaten people, guess what you will be arrested and prosecuted and you should pay the consequences. stuart: senator bernie sanders says that gaza is biden's vietnam, do you agree with that? >> no there is no equivalence to that these people came in, they killed and we know where it's coming from and where the terrorism is in there has been warnings the israelis have done more than anybody they've ever
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told people get out of the way we're going to root out terrorism, look out here we come there very targeted in their telling people get out of the way because were to get the terrorists killed that's what they should be doing that's how you solve this problem they would all take over israel and slaughter every jew if they could but fortunately israel can stand up for itself and play offense. stuart: jason chaffetz, good stuff. thank you for being with us we will see you soon. revenue report funding for the anti-israel protest on college campuses is coming from some of biden's biggest donors like you? >> george soros, rockefellers it's difficult to trace the funding but political is reporting some of the groups are supported by the foundation against funds from the billionaires and others, former nypd commissioner ray kelly thinks the government should investigate this. >> clearly money is coming from
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overseas and from george soros. i think the federal government has an obligation to do an investigation it looks like a conspiracy with a lot of these things happening spontaneously all over. we need a federal government to investigate the capacity and to look at the whole situation where is the money coming from. >> where is the training coming from why does it seem that all of a sudden the protest popped up on more than 52 campuses and more than half of the country just like that and when you look at who's arrested often times not students but outside agitators who is funding them and who is treating them. stuart: check the markets, green on your screen, the dow was up 140, nasdaq is up 102, kevin martin joins me to look at the market. you say there are growth areas in a.i. beyond nvidia. you're telling me and i'm
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interested ada centers gigantic data centers being sent out they need them because of a.i. how do i invest this is a really big area. >> nvidia has been the poster child of the a.i. race a race that will be a marathon not a sprint but there are more investment opportunities beyond the chips companies, data centers are equally important in the ecosystem because they provide the computational and storage capacity that they need to process the massive algorithms that are responsible for artificial intelligence take a company like digital realty they have 40 million square-foot of rentable space across five continents and four data centers and they have a yield of 3.3% that seemed like a good investment opportunity to me. stuart: not bad at all i know some people involved in the data
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business of building these centers in the absolutely gigantic concentrated in northern virginia frequently and one has its own dedicated nuclear power plant does it not? to supply much-needed electricity when they really needed. >> 's estimated data centers will consume up to 10% of the world's electricity by 2030 that is a mass amount of electricity and they also run hot and other stock worthy of consideration in industrial company. >> virtue of holdings. they provide energy, infrastructure in the cooling solutions to data centers, these data centers runs hot and they draw down electricity they need help controlling electricity and making sure they don't overheat that type of technology. >> what is the stock ticker symbol ert. >> a double the sheer. stuart: why am i not surprised. >> juul realty tlr real estate investment trust. stuart: i'm infused i was talking to somebody about the gigantic data centers springing up in the security around them
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if you knock out a data center you crippled the a.i. function in operative accompany. >> even microsoft announcer building $2.9 billion worth of their own data centers in japan by the end of 2025 this area is exploding and it creates really interesting investment opportunities. >> there is a story in the 11:0f fighter jets being operated by artificial intelligence, what if the datacenter goes down. >> exactly there the nervous system of the a.i. ecosystem incredibly important. stuart: very interesting investment area. >> a backup generator. >> a really big backup generator. stuart: thank you, i want to know what's going on with tesla that is up 2%. >> elon musk says warren buffett should buy tesla stock. it already owns telsa rival, byob and buffett at the meeting
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make comments about full self driving and robo taxis and buffett said if the technology works and we cut the accident rate by 50% that is great for society but really bad for my business so elon musk is having fun saying buy tesla shares. >> the stock is up 2% not bad at all. >> berkshire hathaway sold its entire paramount steak at a loss but there are reports of paramount and did the exclusive negotiations with sky dance media entertaining other offers by a special committee including speaking with sony and apollo and cbs. stuart: micron technology a part of the bitcoin crypto area. >> micron is the chipmaker you think a micro strategy or marathon. >> mrs. number one or number two on s&p 500 there set to outperform they say the stock is going to 150 is that 120 now
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they added them to the top-selling conductor ideas. stuart: it probably looks like i'm wearing makeup. i am blushing. >> i was about to tell you what mercado libre is that i kept my mouth closed at an online marketplace i was not going to say that. stuart: coming up 7 million illegal migrants have entered the u.s. when biden took office. trump says if you'd reelected he will carry out the largest mass deportation in american history how feasible is trump's plan. we are all over israel has thousands of palestinians to evacuate eastern rafah the israeli army says they're preparing a limited scope operation. is an attack on rafah admitted three kt mcfarland deals with it next. ♪
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stuart: the idf is working to evacuate 100,000 civilians from eastern rafah as israel prepares to invade with a ground attack, jeff paul joins us from tel aviv, what is elitist. >> the idf is dropping flyers in eastern rafah telling civilians they need to evacuate the israeli military describing this as a limited scope operation saying evacuation so far is going to be temporary not a sign of a large-scale evacuation but nonetheless this will impact 100,000 palestinians who live in the area they're being told by the israeli military through not only flyers but calls and text messages to move to the humanitarian zone north of rafah
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all this happening is ongoing negotiation between hamas and israel appear to be falling apart, hamas just left egypt yesterday and in the latest round of negotiations but there are reports they could head back as soon as tomorrow but on the same day there was a deadly mortar attack at the crossing that the idf said was fired from an area near the humanitarian zone and rafah. hamas has claimed responsibility and during a call with defense secretary lloyd austin israel's defense minister said there is no choice left but eventually conducting operation and grappa. it appears hamas is not serious with coming up with the cease-fire deal. >> we are recognizing signals that hamas is not planning to accept any deal or agreement with us in the meaning with this operation and rafah in the very near future. >> thomas released a statement
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saying any sort of military operation and rafah will not be a picnic. we should also mention idf has not mentioned this is a signal of a large-scale military operation in the city of rafah. it could be a move to put pressure on hamas to return to the negotiation table to figure out a deal and it mentioned there was a call between israeli prime minister benjamin netanyahu and president joe biden a short time ago in the israeli media saying the call lasted about 30 minutes and obviously the topic of discussion was rafah. stuart: thank you for joining us on the sudden you're sitting and they just reported that he learned president biden held roughly a 30 minute conversation with benjamin netanyahu presumably about going into rafah. you think they should of rafah is going to happen. >> don't ever underestimate and
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they said don't under estimate joe biden did screw things up and he said right now hamas thinks this one we are going to slow walk weapons, resupply to israel we warned israel don't go into rafah israel knows it has to go into rafah and finish off the job the job is only half finished to eliminate hamas and there's going to be massive civilian casualties, they can't help it because hamas uses its own people as human shields. what should've been done is pressure egypt to take the refugees and take a million palestinians temporarily into the empty sinai desert, let israel go when, finish the job with hamas, clear out the tunnels, destroy the tunnels and then once hamas is finished, then the palestinian civilians could've been let back in to gaza in the international
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community, but now it's going to be a bloodbath anyway that you look. stuart: if they do it and you think they are, then what happens to america's support of israel and what happens within the democrat party already split on this issue. >> that's why hamas thinks it's one, for 0 goes in it wins because that way there's a lot of civilian casualties opposed to the democratic party inviting as to ameliorate his far left to the party so we can get the votes in michigan and on the other hand if israel does not commit then hamas wins. unbelievable screwup in this for. >> what about the refugees coming to the united states and colleges sponsoring palestinians to come here on scholarships to come to colleges here, what is going on here, it's another way of hamas winning. >> another way hamas wins absolutely. we are to have a massive crisis, a ticking time bomb without immigration ten, 15, 20 million of illegal immigrants in the country we cannot afford them
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their national security risk, health risk, financial risk and huge strain on the community now will taken palestinians that we cannot that we don't know who they are and we will probably give them citizenship right away because that's the whole point of taking a political refugees putting them out as citizenship and these are the same people that egypt doesn't want in the saudi's don't want they think these people are a problem that's why the only solution would be to take them out of the palestinian territories in gaza, put them temporarily in the middle of the desert and the cyanide and let them go back to their homeland. stuart: what happens to the democrat party. >> i think it's at a civil war. >> look at the jewish folks that are part of the party that is actively now supporting hamas and letting hamas win. >> and supporting genocide and let's think there was can happen this summer at the democrat convention in chicago it's good to be worse in 1968. now you have the far left of the democrat party, they are matted joe biden they said you're
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committing genocide in your starting with israel, on the other hand you have the other people matted joe biden because he is not supporting israel enough somehow he's managed these people against him but politically it's a nightmare for him. stuart: it is indeed, always great especially to have you in the studio. don lemon called out for comparing lack of freedom in gaza to florida and texas. good morning ashley, what is this about. >> good morning the washington post reported taylor moran's defending hamas treatment of gay people by indeed comparing to how texas and florida treat gay people even though don lemon was forced to call out. >> how do you reconcile the way marginalized groups and many people that are fighting for palestine the palestinians and what's happening in gaza but yet
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in gaza they would have any freedom. >> they don't have freedom in texas and florida. >> i understand that. >> taylor on the member of the lgbtq community. >> the only question i have added this is how far left must taylor lorenz be if don lemon has to correct her, crazy stuff. thank you, still ahead south dakota governor kristi noem has found herself in hot water again for refusing to say if she met with kim jong-un, joe concha deals with the governor's political future and our next our, migrant housing, police schools, free abortion these are a few of the $50 billion worth of demands from the chicago teachers union, jason rantz on that, he's can have a fun time and he is next.
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stuart: one hour into the trading session the dow up 140,
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nasdaq up 130, laura is looking at the movers, what is with dizzy under disney. >> at most 2% going into earnings in 115 luke capital center going $140 and they praise bob iger's as a master class on how to be an activist. >> i would like to see the stock price in peloton, how far down is it. >> i cannot explain this it is surging after citigroup downgraded them and cut the price target and half from 8 - for so the ceo is out and city said no visibility into the growth outlook for peloton and they are awaiting details of the direction company but the stock is surging. go figure, fresh pet shares are at a high first-quarter profit stocks up nine and a quarter% they have loyalty and lowered the justice cost which are benefiting them.
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>> now this columbia university canceling its graduation ceremony because of the into israel protest on campus, madison alworth joins me from columbia what did the university say about this and what about the parents. >> that is a great question, what the university said they are canceling the university wide graduation ceremony and focusing on the smaller class ceremony. this was announced around 8:40 a.m. eastern and in the announcement they said we decided to make the centerpiece of our commencement activities our class days and school level ceremonies were students are honored individually alongside their peers rather than the university wide ceremony scheduled for may 15 what that means for the families they can still see their students walk but it's going to be based off the programs, graduate students will be together within their colleges and the undergrads and you don't get the big ceremony you get the large class features that are iconic for these elite
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universities this happening because of security concerns around the campus the smaller ceremonies are also going to be moved there happening there supposed to happen at morningside campus but that's where we saw the breaking of hamilton hall where the enchantment was based in where the majority of the columbia protest have been, they are moving graduation as well in the school saying they're continuing to take student feedback from the looking into a festive event to take place on may 15 and replace a large formal ceremony but nothing has been announced formally the protest clearly costing the graduating students a great deal but is causing the taxpayers even more take a look at this since april 18 there have been nearly 2400 arrest across 52 college campuses in 27 states all around pro-palestine protesters are, it is why some leaders like mayor eric adams of new york is calling on schools to help foot the bill.
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>> we believe that they could contribute to the cost and one way to prevent the cost from excavating is to have a tolerance. as soon as the tent goes up it comes down, do not allow this to continue to expand. >> we have asked the city in the nypd how much the efforts have cost them, city hall telling fox business it's too early to know the exact number but is definitely increased over time for the police department and here at columbia they requested to have police presence on campus through commencement through may 17, that cost going up and another thing i want to know the wall street journal reporting the activist group helped to train the students on protest months in advance so they would be prepared for the activity that we've been seeing our campuses like columbia looked right behind me. stuart: it sounds a conspiracy to me, thank you very much indeed, listen to california
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congresswoman ro khanna says about biden visiting the college campuses. >> i think the president should and will get out there on campuses, everyone from the president on down is aware that young people are upset and what's going on in the middle east. i do think it's had an awakening of washington that this court has to end into many people are dying. if you look at the presidents language it is shifting over the last six months some of us want there to be consequences. >> jason rantz is with me, do you think biden will go to a college campus. >> no way in the world is going to a college campus although i suppose he would be the beneficiaries of all of the money from his donors and where he's going and something tells me he's not going to yeshiva university. if you were to go to any of these he knows he's going to get yelled at by spoiled brat punk college kids and ro khanna is putting the pressure on and he
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wants that to occur and put the pressure on joe biden to change his stance as it relates to israel especially after today or tomorrow where we see this in rafah. stuart: is it too late for biden to fix the college campus anti-semite problem? >> unfortunately i think it is when you wait so long to push back i agree with mayor adams, the second that the tent goes up you have to take it down but instead they allowed it to get out of control and allowed the momentum to build on the side of the anti-semites and now as a result you might take an encampment down in columbia but it pops up somewhere else. i'm a couple miles from the university of washington and has an atomic is zone set up like we had during the days of blm your 140 tent to the university say were not going to get involved. it's too late unfortunately. >> the chicago teachers union demands $50 billion worth of changes to the contract, they want facilities for migrants,
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free abortion police free schools and a whole lot more plus a 9% wage increase for teachers annually. only a small number of students in chicago are proficient in reading and math, how can teachers make these demands with such poor student performance in the city that has no money. >> is about 21% for reading proficiency in 17 and a half for math, that is embarrassing but these are the teachers when they put together these kinds of proposals i hope every pair is paying attention because everything that they're asking for is something from a topic perspective is introduced into the classroom. when they want money for free abortion and money for migrant housing understand their students are getting indoctrinated on the very issues until parents start saying i respect teachers, they do a heck of a lot and i think the underpaid generally speaking, however, when they bring politics into the negotiation
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and not actually giving us a return on the investment it is time to say it's okay to criticize teachers and teachers unions and say they're going too far not worth what they're asking for. >> they always have a political agenda and the average teacher salary in chicago is $93000 a year, they want to put that up to about 140,000 in the next few years. unfortunately i'm out of time but next time you can have the neck toward. he's alright jason rantz. one manhattan hotel has been quietly operating as a migrant shelter for over a year, which one. >> a hotel in the heart of broadway across the street from the theater where wickett is playing, it's called the square, you are looking at it the signs are not very bright but it's been closed to the public for a year quietly, the national guard in the lobby because it's a migrant shelter. >> i guess the hotel and others
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are seen as more profitable to take the easy money that the government money to house the migrants. if you look at this area of new york city, times square, this is the crossroads of the world. what message are we sending to international visitors when they come here and see her great shows and you see migrants loitering outside. stuart: i don't think they have to new york at this point. vogue stewart is getting criticized for cutting a multimillion dollar deal with tiktok to sponsor tonight's met gala we have that story in our next our donald trump posted a handful of contenders in palm beach this weekend rich edson has all the details on trump's vp shortlist. we will be back.
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stuart: north dakota governor doug burgum is calling out biden's law fair trying to keep donald trump bottled up in court, what is he saying. >> program says it can be a tragedy of justice and former president trump is convicted in the new york hush money trial this is what he told cnn. >> if he becomes a convicted felon in this case that is a tragedy of justice when you have a business filing air that is for something not illegal to pay people for nondisclosure agreements, that happens all the time and sugars networking others have done not that is not illegal, this is why the outcome
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of the trial is not going to change a lot of people's minds it might help president trump because it reinforces the idea that the biden administration is willing to use law fair to try to attack a political opponent. >> trump has denied all wrongdoing and label the cases as politically motivated, berg says bringing the case to trial now is intended to try to achieve a result before the election, there is speculation that the north dakota governor is on trump's shortlist for vice president although we will see that list is starting to grow again. >> what is the latest on the fundraising battle between trump and biden. >> as of march 31 biden continues to rake in more campaign cash than trump total receipts coming in at $176.000000 with cash on hand of 85.5 million trump meanwhile pulling in 114.7 million with cash on hand of 45.1 million but
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those do not include the 76 million the trump campaign says he's raised in the last month with 50% the campaign says of those funds coming from small dollar donors indicating broad support. stuart: donald trump posted a handful of vice presidential contenders in palm beach this weekend rich edson with me now. who was there this weekend. >> a lot of republicans firing under former president trump is considering his running mate marco rubio, tim vance, jd vance, doug burgum and kristi noem and representatives elise stefanik and byron donalds they all met with former president in palm beach, florida at the republican national committee spring donor and afterwards they said all the types of things in presidential and vice presidential hopefuls say a lot of names on the mix and i believe we could actually listen to them. >> i think any of that right now is all speculation as you open
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the show talking about the group of people on stage you could have anywhere on the they would be falling off the stage. >> a lot of names in the mix and i'm honored to have one of them in the mix right now but it's a true testament to the strength of the republican party. >> i talked to president trump were very close and i never spoke to him. >> governor kristi noem is addressing the controversy including the seemingly unlikely claim with north korea's kim jong-un and a revelation that she shot a dog and pretty much just threw it on the curb saying joe biden stock has attacked 24 secret service people. on "fox news sunday" saturday marco rubio address the issue of being on a ticket with trump and both are from florida and the constitution says it should of the electoral college cannot cast two votes from their state. marco rubio says the bp ways off in any republican moving out of state would have to make sure that they did so to a state
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where the district attorney would not go after them. stuart: i hear you, thank you so much indeed. a public health emergency has been declared after tuberculosis outbreak in a california hotel. it killed one and infected more than a dozen. we have all the details. a dairy worker in texas diagnosed with bird flu he suffered painful eye bleeding. doctor marc siegel joins us on the tuberculosis outbreak in the bird flu problem. next. ♪ we are people living with afib. ♪
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stuart: one hour and 20 minutes worth of business the dow was up 100 and the nasdaq is up a hundred solid green california dealing with the tuberculosis to house homeless people, 14 people infected, nine hospitalized and one dead, doctor marc siegel joins me now is this a cause for serious alarm?
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>> it's on the way up, 9650 last year up over 1000 from the year before and homelessness is one of the reasons in california is the biggest homeless state in the country the city in california almost 100 california and l.a. county alone and no shelter to handle them, they do things like trying to put them up in hotels, guess what happens in this hotel 14 people with tv, nine of them go to the hospital let me tell you why this is happening 20 - 50% of people in this population should meaning their harboring and previous tb infection then they get debilitated or drug use in the close together and living on top of each other, tb is not easy to spread but it is if you're right on top of someone who has the case of it and they're not being screened and fully treated so we get more reason to tuberculosis, big problem. >> is this a national medical emergency crisis?
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>> i do think so i think it's a crisis and hasn't been on our radar because of the hyperfocus on covid i think we need to put it back on the radar is also a problem for migrants coming in and travelers and people were not properly screening. >> the cdc is issuing a warning after cat died at a texas dairy farm from bird flu they drink raw milk from cows that tested positive the cdc also released images of a dairy worker diagnosed with bird flu he was bleeding from the eyes, you have to give us a stay to play on the virus where we. >> all give you the exact truth on this. it's not in a position where it's going to spread human to human. there is a lot of fear involved in this the guy had in the eyes, that's the one place in the human body where we have the same receptors and where the virus overall weed on the same
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receptors so we don't spread this the concern with the cdc is spreading into cattle how did that happen it's actually spreading through milk it is spreading through milk machines to the others of cattle and not getting into pasteurized milk at all it's heating the milk destroys this virus. that thing with the cactus concerning but i would tell people not to drink raw milk but the chances of a human getting this remains extremely low that is the main thing we have to figure out how to control in the animal population. stuart: calm down which leads us to our next story a new study shows getting angry can increase your risk for heart attack it can lead to permanent damage of your arteries. that's what the study says. you tell us how to keep a lid on one's anger. >> 280 people of the study in the american heart association, very funny they said relaxing
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music in your arteries to your heart dilate but give people some anxious imagery and suddenly the vessels constrict over 30 minutes which increases your risk long-term theoretically done on a larger study could lead to a heart attack all theoretical think the bottom line, listen to doctor siegel and stuart varney about bird flu nothing to worry about and see how your arteries do will be a much better shape go to another network and suddenly your arteries constrict it's all about learning how to have a zen moment taking a long walk on stuart varney's farm. >> not doing stuart varney show. let's not walk the audience away from the. >> that's very relaxing during your show, absolutely. >> okay, we will see you again real soon. i do promise that. thank you. still ahead steve forbes on a
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brand-new gallup poll showing confidence in president biden and historic low. joe concha on kristi noem's latest controversy she will not say she met with kim jong-un is her political future over? and jonathan noris on why so many catholics are supporting trump. 11:00 o'clock hour is next. ♪
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gee that's an international event. that kind of reception shows that president trump is not only welcome here in florida but he probably won't be welcomed around the world. >> joe biden is feckless. what these protesters are doing is terrorism and they want to scare the living daylights out of the university and scare -- they're talking about the k illing o

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