maria: welcome back. we're 30 minutes away from the opening bell, a market that is the higher, dow industrials up 81. thank you, mark tepper, jonathan and joe borelli. great to see you. have a great day, everybody.

see you tomorrow. stu, take it away. stuart: good morning, maria, and good morning, everyone. google pushes back hard against the activists. 28 fired. they'd objected to google's billion dollar cloud computing contract with israel. they disrupted the office of the man to who runs google cloud. google calls it unacceptable behavior. the president of columbia university calls anti-semitism unacceptable behavior, so what will be done about the near-riot last night just outside columbia? it was an anti-israel protest complete with shouts of long live hamas. there are 4,700 jewish students at columbia, how will they feel this morning? to the markets. the dow industrials up maybe 90 at the opening bell, the s&p up 8, and the nasdaq up 18. modest green. the yield on the 10-year treasury this morning going up to 4.60 percent%. -- . the yield on the 2-year close to 5, you're at 4.95.

bitcoin down to $62,000. gas, though, creeping ever higher gradually. $3.67 for regular and diesel unchanged at $4.05. as for gold, still above $2400 an ounce, 2401, to be precise. all right, politics. the president goes to philadelphia today. members of the kennedy family will be on hand to endorse him. wednesday his handlers had him visit a gas station. they tried to make it look like trump's visit to a new york bodega, but it didn't really work. there was little enthusiasm. later the president suggested that during world war ii his uncle had been eaten by cannibals. the trump trial resumes jury selection today. okay. i'm on it. we're waiting to see where trump goes and what he says when his day in court is over. on the hoe today the, dave portnoy. he leaks to gamble. he's -- likes to gamble. he's on a 4-month strike and says he's won over $5 million. he's also the guy with the

now-famous miss peaches. we'll ask him, does he approve of bereavement leave from your job if your pet if dies? we cover it all. thursday, april the 18th with a sidebar there from lauren. "varney & company" is about to begin. ♪ ♪ ♪ how we touched and went our separate ways ♪ stuart: ah, separate ways. that's a play, of course, on biden and trump going their separate ways. >> boy, i'll say. stuart: not bad. >> i mean, i hope the country goes one certain way and, certainly, not another. [laughter] stuart: it's raining in new york. can't you see? sixth avenue, not many people. now, we have a president on the move today and a former president again stuck in court. good morning, lauren. lauren: good morning. stawt stuart take me through the two schedules. lauren: trump's back in the new york courtroom, 10:00.

meanwhile, president biden in philadelphia. the third city of his pennsylvania tour ahead of the state's primary on tuesday. he's trying to win over the working class in pennsylvania, but he's been met with both bidenomics protesters and anti-israel ones. pennsylvania is a swing state. biden won it by 80,000 the votes four years ago, and it's just this close this time around. stuart: looks like it. thanks. president biden was met with protesters in pitts bug, one group call -- pittsburgh, one group calling for a cease pyre in gaza, the other calling for an end to bidenomics. watch this. [inaudible conversations] [background sounds] stuart: why all the masks, i wonder. anyway, former governor of arkansas is with us now, his

name is mike huckabee. governor, the democrats are clearly divided. a are his policy choices compromised by the split? >> sturk i've got to disagree with you, and i rarely do that, but this morning i'm going to. joe biden promised he would bring us together. he's brought with us together. people from the far left and even people who are suffering economicically are agreeing his policies are a total, abysmal failure. so he's brought the country together in all a recognizing what a disaster his presidency a has become. stuartout you have a mice way of turning things around there, governor -- [laughter] that was very good, by the way, very good. 15-love to you, on this one. biden, i'm going to call it an rather awkward vicinity to a gas station the -- visit to a gas station yesterday. watch this, governor. [inaudible conversations]

stuart: you know, governor, that's not at all like the reaction trump received last week at the atlanta chick-fil-a or earlier this week at the new york bodega. you can see a real difference in enthusiasm, yeah? >> well, first of all, i don't think they recognized joe biden because with he kept his sunglasses on when he went inside which i'm wondering, who wears sunglasses when you go inside the building? it's not that bright in a convenience store, it just isn't. but the other thing that i found interesting was, you know, he basically was ignored. he walked in and he looked at that little group of people at the counter, and he act ad like, oh, i'm surprised. well, they weren't surprised, they were kind of bored by his whole presence. donald trump walks into a place like a bodega, he's treated like a rock star. joe biden,, the sitting president of the united states, goes in with his sunglasses, so i guess he's trying to not be

recognized, goes hollywood on us, and he's treated like the cannibals who ate his uncle in the world war ii. [laughter] this is just bizarre. stuart: you got us all going, governor, you know in. [laughter] you really are on form this morning, i gotta say. [laughter] how you can bring in cannibalism, that was genius. thanks for being with us, governor. we'll see you again real soon i do hope, thanks. biden's been losing support in the black community. much of it has to do with his support for israel, we are told. what's about? lauren: many black people are muslim, and they want ceasefire in gaza. so they might vote uncommitted on tuesday. their goal is 40,000 ballots. this is a divided democratic party, and the key support groups for president biden are fragmented. there's "wall street journal" polling, and it shows 20 of black voters in -- 20% of black voters in swing state pennsylvania now support trump when it was, like, 90% that voted for biden in 2020. so trump is gaining ground with

at least one of those key groups. stuart: biden needs those votes. and i think he needs votes in wisconsin as a well. we've got a new poll, and it shows trump and biden really neck and neck, tight race in wisconsin. how tight? lauren: trump has a lead, very slim. trump has 51%, biden at 49, so that's a 2-point lead, ands it is in the margin of error. but it's these seven swing spaipts -- statements that will determine this election. ing wisconsin had that uncommitted vote a few weeks ago 50,000 strong, and if you look back, i have a sheet that i keep on my desk, and he won wisconsin in 2020 by .6%. stuart: that's it. lauren: tens of thousands of votes. stuart: adam johnson with me this morning. i'm hearing from you. your a trump guy, aren't aren't you? >> yes. stuart: you want trump to win for the economy expect market. >> of course i want trump to win. i think he's one of the best presidents we've had in many decades. he is strong, he has vision, and

he wants america to be as great as it can be. i'm not going to see great again because i actually think we are great. but i think we have a problem with leadership. i think we have a leadership vacuum. i think we have a president who is weak. i think he gets weaker by the week, if you will. and i think trump provides a vision and a way forward. stuart: all right. now let's get to the markets. >> now you want to talk stocks? stuart: we've got to do that. right now we've got a little bit of green. dow up maybe 10 to -- 100, s&p, 10. nasdaq, 25. modest bounce this morning, a lot of selling recently. adam a thinks there's going to be a significant bounce, am i right in saying that? >> i don't know, stuart, if it's going to be significant, but i do think we're going to have a bounce, and i'll tell you why. as you know, i'm a fundamental analyst. i look at companies' balance sheets and income statements, but every now and then you need to pay attention to the technicals. and the technicals tell me we're bouncing, and here's why. number one, 95% of the stocks in

the s&p 500 have fallen below their 20-day moving averages, right? so the 20 days is the trend line, they're below the trend. two-hisser of hem actually -- can two-thirds of them actually are at 20-day lows. that a's significant. you don't often see that kind of a washout so quickly. it was only about a week ago, maybe ten days ago if you want to stretch that we were at a new hull after time high -- all-time high, and now we've got the s&p and the nasdaq down 5% from those highs. 5%, that's nothing. right, okay, fair enough, but a true correction would be 10%. we're halfway through.. -- there. but the technicals are telling me there's the been so much selling that i think we're going to be due for a bounce. i'm optimistic because of earnings. i think what we're seeing right now, it's just starting, the reporting season, is we're going to see the third consecutive quarter of earnings growth. the estimates right now are calling for gains of about 3%, but if you looked at the past

two quarters, we've actually had an average beat rate of about 7%. so add a 7% beat to what's really baked in, a 3% g.o.a.t. rate, and you get to over 10 is %. -- growth rate. earnings matter more than the selling. earnings matter more than the crisis in washington. i think earnings even matter more, arguably, than are interest rates. we're learning to deal with interest rates and sticky inflation. if you have earnings growth, that that's the strongest reason to own stocks, and we have, i think, double-digit growth right now. stuart: let me just chuck a hypothetical at you. suppose one of the big tech companies, very disappointing results. would that throw the whole market off kilter? >> for a day or two, and and hen you realize that the market is bigger than just one stock. it's biller, actually, than the mag -- bigger, actually, than the magnificent seven, i'm happy to say. industrials right now -- well, if you go back 10 days ago when we were at all-time highs, the industrials actually were the strongest group, you know?

who'd have thunk? boring stuff, you know in honeywell,s of coursewell autonation -- of course, rockwell automation. stuart: adam, stay there, please. you're with me for the hour. coming up, google has fired 28 employees for protesting the company's work with israel's government. seems like management finally got a backbone. it's about a time. we're all over that one. speaker johnson has set up a vote on the end the border catastrophe act for later this week. now, that's separate from foreign aid bills. not all republicans are onboard with the border act. congressman tony gonzales will join us after this. ♪

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stuart: 14 minutes til the opening bell. dow's up 100, nasdaq is up about 26. little bit of green. the senate has dismissed the articles of impeachment against dhs secretary mayorkas. here's what senate minority leader mitch mcconnell had to say about that. roll it. >> we've set a sr. unfortunate precedent here. it doesn't make any difference whether our friends on the other side thought he should have been impeached or not. he was. ask and by doing what we just did, we have, in effect, ignored the directions of the house which were to have a trial. no evidence, no procedure, this is a day that's not a proud day in the history of the senate. stuart: okay. so no impeach ifment of mayorkas. a member of the homeland security committee, congressman

tony gobzless, joins me now. no impeachment, but we do have speaker johnson's end the border catastrophe bill. are you for it in. >> i'm absolutely for it. it's absolutely shameful that senate democrats did not listen to the american public, and it's clear that they want this open border crisis. as far as the house is concerned, we have continued to push for border security packages like the one that's coming to the to the floor, and it's indefensible for anyone if i don't care what party they are to stop that from happening. i've been an advocate of labeling cartels as terrorist organizations. we have to deport people by the thousands that are here illegally, and we have to reimplement the trump policies that worked. but speaking of trump, it's very evident that the sooner president trump can get back in office, the sooner americans can be safe. and in many cases, this may be the only thing that needs to happen in order to secure the border, is to get president trump back in the white house. stuart: well, let's go back to this, end the border catastrophe

bill. there are some republicans who say, no, we're not going to vote for this because it should not be separate, it should be part of the israel and ukraine aid thing. so if you can't get all republicans onboard, you need democrats onboard to get it through, and and they're not if likely to help you. >> i don't you said why -- understand why you would separate -- i mean, this is what should happen. bring it to the floor and let members vote their conscience on all these bills. if you're for israel aid like i am, iran just had a direct attack against israel. now is not the time to play politics and point fingers. now's the time to stand firm with our allies and make sure that a hamas is eradicated. if you don't want to vote for it, don't vote for it. as far as ukraine aid, same thing. if you against that -- if you're against that, don't vote for i. to hold it up and not bring it to the floor is not democratic. this is part of our government. our government wants our members to be their representatives. vote for it, vote against it but don't stop it from coming to the

familiar. stuart: i just get the feeling that nothing's going to change. if you need democrat support on this the end the catastrophe at the border bill, if you need that support, it's not going to get passed in the senate. again, nothing's going to happen, nothing's going to change. it seems that way to me. >> you're not wrong. you're not wrong, stu. but we can't stop trying. house republicans cannot give up. if house republicans give up on america, it is the worst thing that can the possibly happen. we have to keep holding the administration accountable. we have to keep shining a light on it because americans are dying. these tda, these venezuelan gangs, they're popping up all over the country, they're killing americans. it's not just along the border anymore. it's not just eagle pass and el paso where i represent. it's all over the country. so we have to keep pushing and, ultimately, this ends when president trump is back in the white house fixing things back. stuart: okay. we'll lee it there. i just wonder9 if the border is topic one, issue number one in this election and, frankly, i

think it is at this moment. congressman gonzales, thanks for joining us. >> thank you, stu. stuart: yes, sir. chinese nationals keep coming across the southern border. we've got new numbers. lauren: yep. stuart: big with spike. lauren: first six months of the year can, already more than all of last year. border patrol caught 24,296 chinese nationals so far this year. the number for last fiscal year was 24,125. lack at a fiscal 2021 -- look at fiscal 2021, 342. meaning there has been a 6300% spike if under president biden. migrant theft might be affiliated with the chinese many communist party. beijing gives tax breaks to companies that make fentanyl as long as they sell it outside of china. >> wow. lauren: so they're selling it to the drug cartels to bring it to america. >> just shocking.

stuart: outrageous. lauren: bipartisan report. stuart: thank you, lauren. check those markets, please. right before the opening bell dow's up 140ing nasdaq up -- 140, nasdaq up 25. we'll take you to wall street next. ♪ ♪

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stuart: five minutes to go before the market opens on this thursday morning. d.r. barton joins us. i want to go through your stock picks. start with uber. i own a thin sliver of uber. you like it at 72, where's to it going? >> well, stuart, it pulled back to a really good level, i think, to buy here. back when today had tear big earnings -- when they had their big earnings announcement if at the end of the fourth quarter so giving us the earnings for fourth quarter they had a big jump. they've come back down and filled that gap so, technically, i like it here. fundamentally, i think the long-term future is going to get better and better. cars are more expensive to buy, everything that we do around transportation is going to be much more distributed, so i see it making back that $10 that

we've lost and and more in this year. stuart: anecdotally, i can tell you that everybody i know and everywhere i go there's ubers everywhere these days. if next one is visa. you like it. where's it going? >> yeah. you know, here's a after half trillion market cap company, part of the duopoly with mastercard that really just controls the whole payments market even though there's some small players nibbling at the sides. but i believe that this is the a steady earner to keep in the portfolio for the long term. the interest rates that we're seeing banks charge now are higher and higher so people are going to be turning things over more if more -- more and more. that's good news. that turn, that amount of processing is good news for both visa and mastercard. i like 'em both. i like visa right here on this

pullback as well, or stuart. stuart stuart you've got it. uber and cease saw from d. a -- visa from d.r. barton. adam's got stock picks of his own. bank of america. >> yeah. this stock has absolutely no love. it's just unbelievable. they had a very strong the earnings report on monday. they beat on the top line and bottom line, they're bringing in new assets, but -- and, by the way, trading was off the charts. they make $32 million a day on their trading book. stuart: what? >> $32 million a day. and yet they just can't seem to get any love. the concern is that, again, we've got the fed on the brain with rates staying where they are, the company's not the writing enough or mortgages. i mean, we're just so obsessed with the fed, it's just ridiculous. we have got to get over it. stuart: you're right, they don't get much love. they're like wells fargo -- >> and they used to. wells used to always trade at

2-2.5% times book value, then they had the accounts scandal. bank of america trades at no premium. and before rate hikes, it was always trading at. 5 times book -- 1.5 times book. it's too cheap, i own it. i really like the company. stuart: energy transfer lp. >> this is a wonderful story. i'm looking to get back into it. i owned it for about three years, bought it around $4, sold it at $14 and collected a 9% dividend yield along the way. it trades at 9 times earning, yields 9%. this company is the largest pipeline operator in the country. it's one i should never have sold. just own it and forget it because with, again, you're making a 9% dividend yield every year. if you to owned it for, you know, 9 or 10 years, you own it for free. stuart: is 9% built in? i mean, you're going to get 9 moving forward? >> yeah. stuart: no doubts about that? >> this is not a company that bents on price of oil. -- can

bets on the price of oil. 90% of their revenues are just collecting tolls, you know, people using their pipelines. doesn't matter whether oil's $80, $65 or $45, the oil is still flowing through the pipeline which means energy transfer is still making money. stuart: and you can't build new pipelines -- >> correct. [laughter] stuart: -- so use the existing ones to maximum effect. >> absolutely right. it's a wonderful company. stuart: yeah? if. >> yeah. stuart: 99 % -- >> yeah. i should never have told it -- sold it, but i did9. i wanted to take my money off the table and go buy some a.i. stocks. that's worked out very well, but now i say go back to the et, buy it. stuart: you've got me interested, lad. well done. adam, thanks very much, indeed. stay there, more of you -- can for you later. we're opening the markets. i say this every day. reach forward, sir, press the button. do it, do it, do it. >> is he going to do it?

stuart: thank you. [laughter] >> he did it. the market can now trade. thank goodness, stuart. fourth stuart i was at a loss for words. that's not like me. the tow is open with a gain of 13 3 points and about two-thirds are in the green. strong opening. the s&p 500 also on the upside in the very, very early going. about a quarter percent higher. the nasdaq composite on the upside to the tune of .17%. not such a strong gain. lauren: the s&p and nasdaq have been down four days straight, so if these gains hold, first rise in five days. stuart: that's just premarket. don't know how they're going to close. let's is -- is have a look at big tech. meta, apple up. alphabet, microsoft down and so is amazon. this you go. we know that google fired 28 employees who protested the company's contract with israel. however, lauren, separately, entirely separately, google's planning for some layoffs,

right? lauren: yes. stuart: restructuring. lauren: it's being reported that google isly structuring its finance team to focus more on artificial intelligence. it could be that a.i. replicates some of the tasks. if you work in finance, they call you a finoogler. i was prized that google -- surprised that google fired those 28 employees. it's a liberal company, and i did not expect them to do that. stuart: but they crossed a line. lauren: absolutely. stuart: they shut the guy's office down for 10 hours. lauren: could you imagine us going and sitting in front of murdoch can's office? stuart: don't even think of it. lauren: exactly. can these 28 googlers be hired elsewhere? >> oh, one of the other liberal -- yeah, another liberal silicon valley company will probably hire them. lauren: i don't know about that. google's got clout. >> you know, it's like in florida, right? if they laid down to protest,

you know, people laid down in the street, they were arrested immediately. and, in fact, orange county, land at the orange county airport, there's now a big billboard. it say ifs you shoplift, we prosecute. it's not r.a. a county or new york -- l.a. county or new york, tough on crime. i think enough's enough. stuart: tough response. i'm sorry, i agree with that. lauren: me too. stuart: i'm with you. some earnings came out before the bell. i'm particularly interested in blackstone. lauren: yeah. stuart: i thought it was a pretty good report, but the stock is down nearly 2%? i own a piece. lauren: they made a big bet on data centers, think a.i., and that paid off. its infrastructure portfolio unit grew earnings nearly 5%, and their private wealth business had its highest inflows since 2022. if you look at their assets under management, $1.06 trillion, but could it be they thought they would bring in more? stuart: it's a great company. >> it's a wonderful company. i own it. i was buying it down around 75

or 80, and people said, really? you sure? i said, yes, blackstone, you'll be fine. the high was, like, 180, and it's $120 now. the inflews were not if as high -- inflows were not as high as people thought. the computers or are programmed to ping a bad headline. even if you have a top lean and a bottom line beat, there's one headline that's bad, the algost horse the stock. -- short the stock. lauren: will it go positive by the end of the day? >> yeah. as it should. stuart: you're on dangerous ground -- >> it's only down 2%. it was down 6% right after the number came out because the algos is hit it. now smart people say that's ridiculous, buy the stock. stuart: let's see how it turns out, because i'm interested. alaska airlines summer travel boom expected. this is your script. [laughter] lauren: they had a great forecast like united for this current quarter. you get a little bit of spring break travel for some people and booking for summer.

they also said the grounding of the 737 max 9, remember, this was the airline where the door window blew out. it cost over $160 million in the quarter, but the stock is up almost 2% now on that forecast. stuart: gotcha. i want you to tell me about amazon's smart grocery cart. lauren: yes. stuart: eye i know they've been very successful and popular. what are they doing? lauren: i haven't seen one. it's a regular grocery cart and in the front where the kid would sit it's this big, gray tray. you grab your bananas, put them on the tray, put them in your cart and then you just walk out of the tore. you don't is to wait -- out of the store. stuart: what about everything else? lauren: everything in the store. stuart: you pit on the tray? lauren: yes. why aren't we seeing these? it's the all predone. it's all -- they have your information ahead of time. so i guess you scan something or log in in some way. it sounds amazing.

you can save time. now heir selling the technology to -- they're selling the technology to third parties meaning other retailers are use it. but i'm kind of at a loss here. are they trying to move the whole retail industry into doing what they do best with, automation, self-connectout or is it really not -- self-checkout or is it really not working because of people stealing stuff? >> that's what i was thinking, you could steal stuff -- there are cameras all over that thing, and if you back out, you know, if it's in your cart, you are charged. so or, you know, in fact, if you pill pull it off the shelf, you are -- what if you put it back on the shelf? does it often tract it? if i don't know -- subtract it? they're now the back office, in effect, for the internet, right? if they handle something like -- i don't know the actual number, but it's somewhere around 60% of the e-commerce that happens, goes through their pipe -- lauren: so we're saying that they're trying to take the entire grocery try and automate

them? >> maybe. that's why it's called, you know, amazon. they want to be the biggest thing out this. stuart: what happens if you want to pay with cash? >> that's a dirty word, stuart. how could you use a four-letter word on your own show, for crying out loud? lauren: question, do you have to tip the machine in the cart when you're done? stuart: very good. i want to put pup trump's social media stock. still under pressure, $24 a share. lauren: i don't know why it's been selling off. it's down 19% coming into today. it hit $70 on march 26 when it went public. some say it's -- >> can i just say something? stuart: please do. >> this company generated $4 million of revenue. not earnings, $4 million in revenue. that's nothing. so why should it trade at a $4 billion market cap when it only had $4 million, again, in revenue. that's not even have -- lauren: and now they have a tv seam thing service, but i think we have learned from the other players in that place how expensive it is to run.

stuart: got it. we're moving on. caitlin clark has another record broken. she has broken another record. her indiana a fever jersey is the top selling jersey ever for a draft pick. what does barstool guy, dave portnoy if, think about that? and clark's $338,000 contract over 4 years doesn't sound like much to me. portnoy on the show. more fallout at npr. video has resurfaced of the ceo claiming that reporting the truth might be a distraction. roll it. >> our reverence for the truth might be a distraction that's getting in the way of finding common ground and getting things done. stuart: whoa, truth gets in the way. we'll bring you even more revelations of the network's liberal bias a little later in the show. this just in, the administration has announced new sanctions against iran for their attack on israel. edward lawrence will break it all down. he's got details next. ♪ ♪

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stuart: this just in to us, the administration just announced new sanctions against iran. edward lawrence at the white house. tell me more, edward. >> reporter: yeah. and these sanctions are just now unfolding, stu, here at the white house. 16 individuals and 2 entities have now been sanctioned related to the attack on israel by iran. these do not include sanctions on oil. net exports of oil giving record profits to the ukrainians -- iranians. but these do include targeted sanctions related to their uav program in iran down dot.com point parts of that program -- component participant parts, specifically the engines for the uavs, also the company providing the steel for the uav program in iran received sanctions. the biden administration if saying steel exports bring in several billion in annual revenue for that country.

united kingdom announcing similar sanctions on the uav program, other g7 countries expected to follow suit soon. treasury secretary janet yellen says this is meant to degrade and disrupt the iranian ma if line activities with their uav program. stu? stuart: israel's prime minister netanyahu rejected calls for his country to show restraint is. he says israel will make its own decisions about how to defend itself. of trey yingst in tel aviv. what's the latest from there, trey? >> reporter: yeah, hey, stuart, good morning. israeli forces are on high alert waiting for orders from the country's war cabinet to strike back against iran. reports do indicate strikes planned against the islamic republic were called off two times over the past several days. we do know the israelis are waiting for the right operational a window to respond to the drone and missile attack over the weekend. iran's top officials are threatening immediate retaliation if such a strike takes place, forcing israel to

consider the jewish holiday of passover that starts on monday. with that in mind, the israeli army is getting ready for the possibility of another iranian attack. >> we allow for a long time to be satisfied from what we see, and we are preparing ourself for the next time -- briefing the mission and seeing how could we prepare ourself for the next attack if it would come. >> reporter: wle direct action against iran is pending, israel is continuing to strike the iran's largest proxy in the region, hezbollah. yesterday israel struck deep inside lebanon if targeting hezbollah's air defense units following a drone attack by hezbollah that injured 14 israeli soldiers and 4 civilians just yesterday. while everyone in the region is focused on threats from iran and its proxies, the war inside if gaza is a approaching the 200-day mark and the israeli war cabinet is meeting tonight to determine the next steps there. stuart? stuart: trey, thanks very much,

indeed. israel's ambassador to the united states says iran must be if dealt with. roll tape. >> this cannot just pass. it cannot go unanswered, because if you don't answer, the iranians will feel impunity, and if they will feel that they can strike anywhere in the middle east or elsewhere without any consequences. so we have to respond and we will respond. how exactly we do it remains to be seen. stuart: israeli special ops veteran aaron cohen joins me now. aaron, iran is warning of severe retaliation if israel responds to their strike. any idea what that pine? if i just want -- might be? half their rockets failed to launch or crashed in the last attack on israel. >> well, stuart, i think israel -- i think iran is going to lean into the same type of missile warfare which we saw fail miserably. israel goes -- israel's got multilayered protection between

iron dome and the other medium and long-range missile destruction capabilities unlike biden's multi-failure policy towards iran which seems to be shifting, which is a good thing to hear. but the fact is, stuart, israel's got an incredible capability. their going to take their time -- they're going to take their time on this one. they want to make sure they've got action a, intelligence. stuart: these sanctions just announced minutes a ago, sanctions on iran, they do not include any sanctions on iranian oil, the source of their revenue. i'm going to make the judgment these sanctions sound rather weak. how about you? >> i agree with you, stuart. i think the i agree with my only old friend kudlow, attack a ship. you want to go after the oil, you want to go after those main revenue if streams of the irgc. they make a ton of money off that oil. but, again, israel is probably going to focus -- this might be mull the city layered again -- multilayered. they're going to focus on the

leadership, in my opinion, of the irgc. israel's a master at counterterrorism and and targeted assassination which is nothing new. israel just took out another hezbollah commander via an iranian proxy with hezbollah, and, you know, if the iranian generals were smart, stuart, they'd be on the lam right now because israel east really, really good at this, so they should be really careful. stuart: one last question. when israel does respond, do you feel that you've got the support of america? >> well or, it's tricky. you know, biden's, you know, he's furbing -- fishing for those 100,000 votes in michigan. he's waffled with israel, which is unfortunate. he was, however, very intricate or they were a very big help in taking along those missiles along with saudi arabia and jordan that came in. but the fact is, listen, bibi netanyahu comes from a general staff reconnaissance unit, he's excellent in counterterrorism, his generals are fantastic. israel will go forward without the support of the united states. our survival depends not on

passiveness or submissiveness, but on aa depression. and this counterattack is key for strength in the middle east which is how you get peace. stuart: you saved the best til last. aaron cohen, thanks for joining us, sir. coming up, in the pennsylvania wednesday, looked like the president was trying to follow donald trump's campaigning style. didn't really work. biden has to have everything controlled. his handlers won't let the media anywhere near him. if the election is bind at the gas station versus trump at the bodega, trump wins. that's my take, top of the hour. business owners in pennsylvania unhappy with biden's economy. they say when trump was in, the economy was, quote, much better than it is now. we'll deal with that, top of the hour. ♪ ♪

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stuart: okay. let's start with netflix. $612 a share, down a tiny fraction in premarket action. remember, please, they report after the closing belled today. and we have a netflix analyst with us setting on the set with me here in new york city.

his name is tim nolan. first of all, we have got $611 as the price right now. what's your target price? >> $685. stuart: whoa, let me repeat that. $685, when, by the end of the year? >> we always have a 12-month target price many our system. we had a price of $599 5 when the company reported -- 595 when the company reported earnings last quarter, it was about $495, something like that, at the time. had a really nice if run on strong results, and ask we anticipate good can results to come and good upside to come, so we see more upside to the stock. stuart: what's so good about it? where's this extra price coming from? >> netflix is the clear, clear winner in the streaming wars. we don't even use that term as much as we used to. i think netflix is the clear winner. what t done well in the last 12 months or so is it has introduced a paid sharing plan in addition to an advertising tier. and what this does is basically force users that were riding on other people's accounts to begin

paying for netflix. and by offering a cheaper advertising tier, it just encourages, you know, people to take on that $7 a month plan rather than just skipping the service or trying to my nailing their way somehow. -- finagle they way. so we don't know what the numbers are on the advertising tier, the subscriber numbers, but it is undoubtedly adding subscribers. netflix added 30 billion subscribers globally last year, and i forget the number in the u.s., 8, 9 or 10 million. so it's a big number to the upside subscriber numbers, and that has kept them head and shoulders ahead of their streaming peers, their streaming rivals in the space. stuart: i've recently started to watch a lot of netflix. i like their series. now, you're not a tv critic, but people like me say they like the new stuff that's coming on netflix. >> you know, it's interesting, two years or so ago when netflix started to run into some subscriber slowdowns, they took some criticism for having too much content that wasn't necessarily good. since then they, like some of

their peers, disney and others, have been focusing their production a bit more effect we'vely. you know -- effectively. focusing more on the shows, the hints that they think will work. so maybe that's coming back to what you were just saying. they've got more of the quality content that's working. stuart: good stuff. we're looking for $685 on netflix 12 months from now. tim nolan, appreciate it. see you soon. >> thank you. stuart: you're still with me. >> yeah. stuart: you think that netflix could go up from $610 a share? >> you know, i haven't bought netflix -- listening to tim, gosh, i wish i had. it also has doubled over the past year and a half. whyive identify always sort of his anticipated is they spend $13-14 billion a year on content, and that content becomes irrelevant right after you've seen it. and so i feel like, wow, putting so much money into effectively what is a depreciating asset, i don't know, i can't wrap my head around it, but i should have bought the stock. stuart: have a chat with tim. >> okay. i'll buy him a coffee.

[laughter] stuart: thanks for joining us for the hour. still ahead, dave port noir -- portnoy, brian brenberg and county senator roger marshall. the 10:00 hour of "varney" is next. ♪ lately, i've been, i've listen thinking -- ♪ i want you to be happier, i want you to be happier ♪ .. [city noise]

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