this morning. >> it's great when we see the stock market doing well, but i don't know if it's touching average americans that are still struggling with inflation. they're still not taking home enough that they need to actually support their families, pay hair bills. four years ago it was so much better. remember that a going into november, less than 200 days away, my friends. maria: yeah. and, doug, it's amazing to me that joe biden can campaign on his record even though we're talking about sticker shock every time we go to the supermarket. >> yeah. he's not going to be able to campaign on his record. it's going to shucking, jive ising, maneuvering. elections matter. gotta get out in november. maria: all right. e -- doug collins, tomi lahren, thank you so much. i will see you all tonight on maria bartiromo's "wall street." "varney & company" picks it up now. david asthma in for stuart. david: great show, maria. well, stawt said e this -- stuart said this earnings period would be a reckoning for a.i.,

and it sure is. microsoft and google's bets on a. i. are paying off and boosting their bottom lines. we're all over that. we we got request some key data on inflation this morning. cpe, or the core personal consumption expenditures price index, it's jar done -- jargon, it just means inflation without food and energy, it's coming in hotter than expected year-over-year. futures now leveling out. the dow and s&p 500 and nasdaq, we're taking a look at a them, they were much higher. they've come down but they're still in the green. let's check interest rates. the 10-year just above 4.6, 4.66. right now it's down a tick as we speak. the 2-year yield which yesterday went over 5% is now just below it at 4.98. bitcoin is trading around 64,000, about flat there. gold is moving higher. not a huge move, up $15.60 for an ounce. oil also on the rise trading

around $84 a barrel. to politics now and, quote, do not step on our redlines. remember that? that's a warning from china officials while meeting with secretary of state antiany blinken. where are oured are lines, that's what i want to know. president biden is in new york, meanwhile, but will he take time to address nay any of the my cease, the migrant and crime crises, facing the city? will he deal with the college protests in safe to say probably not. and bad news for biden, the liberal new york times is not happy with him. apparently, they are now blasting him for his lack of media access. and that's not all. axios is reporting that biden has changed his walking routine to marine one. now instead of walking alone, he's surrounded by aides, this way his stiff gait and shuffling is a little less noticeable. we've got a big show for you focus. happy friday to everybody. congressman mike waltz, congressman byron donalds,

morgan ortagus and and byron york all here. it is friday, april 26, 2024. "varney & company" is about to begin. ♪ muck finish if. ♪ ♪ david: that's walk of life. that walk depends on a lot of things -- lauren: that's an empty walk. hook at the streets, completely deserted -- david: you know why. there's a lot of activity, i would just say political activity, won't go further than that, happening in new york right around or our neighborhood a. let's start this friday morning with the latest read on inflation. lauren, come on in. this is the personal consumption report. it's inflation minus food and energy. the fed looks at it very closely. take us through it. lauren: so many numbers, i'll try to make it simple. so the measure that the fed pegs

that 2% inflation target that we always aspire to and talk about, this is what it came in at, right side of the screen. pce up 2.7% in march on an annual eased basis. the number in february, 2.5. the number in january, 2.4, so they've gone up. inflation is going up. core pce, take out food and energy, that's the fed's preferred gauge. hotter than expected, 2.8 on an annual basis -- david: month over month was on target, but -- lauren: year-over-year, 2.8. consumers are spending more, consumption up .8% in march from february. income flat at .5%. bottom lining it, things are expensive. we know it. the numbers now show it. yes, some goods prices absolutely coming down but not for services. services went up 4%. that includes transportation, insurance, i mean, hook at the bills that you get. david david insurance is really popping. lauren: markets are up 50, still higher on data.

what does the fed do with all of this when they meet next week? the answer'sing nothing, but how locksed in will -- locked in will they be with -- stuart: david: they're working in the opposite direction of that 2% target. kenny polcari, what do you think about these inflation numbers particularly right after we got that very disappointing gdp number? so it -- i mean, that adds up to ago nation, doesn't it? -- stagflation? >> it absolutely does. and and i'm not necessarily surprised. we've been talking about this for a couple months now, right? the idea that everyone thought the fed was going to cut rates and everything was so good. i've been saying and i've been worried about it that inflation was, in fact, going to start to tick its head up, and that's exactly what it's doing. we've seen it over the last lee months, right? we saw the cpi, the ppi and now we're seeing it in the pce month over month and year-over-year, so it is the a little bet concerning. and, yes, with yesterday's weaker gdp number, it brings up the 1980s can conversation

about stagflation. david: and you don't have to go back that far because it also brings up the question what the fed if is going to do. it's going to be real hard for them to cut cut rates with inflation going the wrong way. >> okay. again, i'm not even sure how the conversation, the narrative even became that they were going to cut it multiple times in 2024 when the data never suggested that. david: right. >> i'm still in the camp that we get no rate cuts in 2024. not that i don't want it, i just don't sew see how they can do it. david: stay there, kenny. two very important earning reports after the bell last night. hoe me google. they made a big announcement, lauren in. lauren: first ever dividend, 20 cents a share, also repurchasing $70 billion of stock. am a 235 bet's -- alphabet's up almost 12%. that is a seep of ma hur it. and -- sign of maturity. and even though google's a bellwether, first time it's typing this. they reported a 16% jump in overall revenue, mostly all of that coming from their bread and

butter, their tigzing the business. david: and microsoft up big,this is all about a.i. once again. a. lauren: did you see growth at the azure cloud revenue? it i grew 31%. expecting 28, maybe 29. they got 31%. companies are demanding the microsoft cloud and the microsoft if openai a.i. features to use throughout their operations. i was looking at an estimate from william blair, they find that more than two-thirds of fortune 500 companies are using microsoft's azure. david: wow. lauren: they're using all of this -- david: that turns into a lot -- lot of revenue for microsoft. lauren: demand is better than supply, that is a good problem to have. microsoft and google, bell weathers for technology, these are the most important earnings. they're charming the a.i. revolution -- charging the a.i. revolution and spending into with it. if you look at what they spent together in the quarter, $26 billion. most of that on art official -- david: so, kenny, all of the promises apparently are coming

through. a lot of folks were wondering, gee, is it really going to pay off, all this a.i. stuff? it appears it is. >> i think it absolutely is. and i also think we're very much in the inpansy stages of this. so -- infancy stages of this. i look at this part of the tech sector as just explosive growth in the years to come and that people immediate to have exposure to it depending on where you are in the life cycle of that is going to dictate how much exposure. you absolutely need to have the exposure. the idea that we saw microsoft back off over the last couple of weeks on all this confusion and concern about a earnings, i'm saying to myself it's like a gimme. the back end's like -- microsoft's on sale. and so you shouldn't be running for the door, you should be running in the door and not out the door with names like microsoft. i don't own google, i do own microsoft, it's one of my favorites. farred david what i love, kenny, and this has got to be kick, it's spread out. -- quick. it's not just an nvidia play anymore. >> right. david: all the older tech

companies are finding out there's a big payday there. >> right. not only the tech companies, but, yes, to your point, yes. look across the spectrum, listen to all these earnings reports coming from all a different can sectors of the economy. they're using a.i. to create more efficiency and opportunity in these company. so it's a broad, broad story, one that i'm, you know, one that i'm certainly riding the wave. david: by the way, as we look at the big tech companies, it's interesting to theme go from red to green -- to see them go and from red to green. while there's no question about a a.i. as a big revenue generator, there are questions about what's going to happen in the economy. kenny, thank you very much. i appreciate it, man. >> have a great weekend. david: former president trump going after bind on the economy, and biden's response to the anti-israel protests. roll tape. >> the economy has just been reported to be very bad. the stock market's way down and some horrible numbers came out. and and very importantly as you

look at the various or colleges all over the country and beyond colleges because it's happening in other areas too, you see what's happening on the front having to do with palestine and israel and protests and hate, anger e. biden is sending an absolutely horrible message, horrible, horrible message. david: well, jason chaffetz joins me now. jason, the thing is biden hasn't been sending much, any messages at all. he's doing all these softball interviews on television and radio, but when it comes to doing, for example, what speaker johnson did, going to the heart of the beast with, going to columbia and dealing with what was in front of him, you haven't seen any of that. he's not -- can president biden, forgive me, but he's not acting presidential. >> well, that's in large part because he can't. he was never if a great communicator, but he's lost his step. he literally has lost his e step and his inability to

communicate. cam rah harris is nowhere, so she's not privy to the situation, she can't hem him. joe biden wouldn't even take a super bowl interview, the easiest one with the biggest audience. to think he's going to go before actual hard questions, and now we just saw that he's running ads talking about how donald trump said that football is boring. i mean, he's so off message he couldn't be worse. david: i mean, i think of former president bush getting all that stuff about katrina, the flyover katrina because he wouldn't go down and actually be on the -- he's in, he's been in new york over the past 24 hours, he hasn't gone to any of the hot spots whether it's dealing with crime, the migrant crisis or what's happening on our campuses. it's just extraordinary. but i want to move on. next one is trump speaking to, on the supreme court's immunity hearing. i want to roll that tape and get your reaction. roll it. >> the u.s. supreme court had a

monumental hearing on immunity and the immunity having to do with presidential immunity. and i think it was made clear, i hope it was made clear that a president has to have immunity and you don't have a president or at most you could say it would be if a ceremonial president. that's not what the founders had in mind. so that's the other -- [inaudible] but again, i say presidential immunity, very powerful. presidential immunity is not there, you practically won't have a country anymore. david: it does seem as though the supremes were canning the right questions, no -- asking the right questions, no? >> yeah, the tree hours of questions in that "wall street journal" opinion that's out there i think really hit it right. look, they're probably going to cut it in half somewhere. there is there some immunity, but it's probably not total immunity e, and this probably will play out after the election. they've got to get this one right as justice gorsuch, i think, said or alito, one of the

two. they've got to get this right. it's not about trump, it's about a president. david: well, and it's about not turning into a banana republic with this lawfare campaign. yeahs. en, thank you very much. appreciate it, my friend. meanwhile, the trump campaign is hosting a retreat in florida next month with potential vp picks. congressman byron donalds is going to be in attendance, and i'm going to ask him about that coming up in the next hour. and florida governor ron desantis is warning students of potential expulsions for anti-israel protests. roll tape. >> when you're chasing jewish students around, when you're not letting a jewish professor enter a building, when your targeting people like that, that's not free speech. you're going to be expelled when you're doing that stuff. david: does florida congressman mike waltz think these protesters should be expelled as well? he is next. ♪ (♪)

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david: checking the futures, they're about flat on the dow and the s&p's doing a little better. nasdaq is doing significantly better, up close to a full percentage point, 146 in premarket. again, they were much higher before those inflation numbers came in. year-over-year the number was a tick higher than expected. in other words, inflation's going in the wrong direction, going away from that 2% target rather tan closer to it. meanwhile, president biden will be in new york today but has no plans to visit columbia or address the anti-israel protests. peter doocy joins me now. peter, have you gotten any word on why the president won't be going to columbia? >> reporter: no. it does seem like he would pretty much rather talk about anything else though these day, and the president is waking up

today in manhattan. and if at the hotel they leave a copy of the local paper outside of his room door and he decides to read it, he's going to see this about how inaccessible he has become in the "new york times." it says for anybody who understands the role of free press in a democracy, it should be troubling that president biden has so actively and and effectively avoided questions from independent journalists during his term. mr. biden has granted far fewer press conferences and sit-down interviews with independent journalists than virtually e all of his predecessors. take a look. number of press conferences at this point in their terms, biden, just 34 compared to trump, 58. obama, 71. bush also 71 and then clinton, 1 121. and this is a president who talks a lot about his involvement with marches as a young man during the civil rights movement. if he wanted to go hear from a new generation of activists, he could motorcade uptown to columbia or head downtown to nyu, but we do not expect that to happen, so his thoughts about the campus protesters remain

largely unknown along with his thoughts about basically every other hot topic. [inaudible conversations] >> do you have a message for th- [inaudible] if on campus? >> [inaudible] [inaudible conversations] ♪ >> god bless you all and may god protect our troops. thank you. >> reporter: mr. president -- [inaudible conversations] >> reporter: and that's just kind of the way it's been going on the biden beat these days, david. david: shuffling off to buffalo, i guess is the phrase. peter, thank you very much for that, i appreciate it. minnesota congresswoman omar says speaker johnson's visit to columbia was just to stir up trouble. listen. >> he knows he might be on the chopping block, and it is not surprising that he would go out to columbia university and stir up really more anger and hate

and endanger the lives of young people who are at the encampment at column a ya university. david: speaker johnson called that a claim absurd. roll tape. >> it's absurd. it's -- [laughter] absolutely absurd for her to say that. it's incredible that us going there to meet with and, speak out on behalf of jewish students' safety could be seen as divisive in any way. this is exactly the problem. it's actually an issue that ought to be uniting every elected official, but some of these folks are afraid to speak out, and others like my colleague, omar, are saying exactly the wrong thing. david: florida congressman mike waltz joins me now. congressman, it's just extraordinary. ilhan omar and her or daughter are at a university where the protesters are holding up pro-hamas if signs, pro-terrorist signs, and she's calling, she's calling him provocative when that's what she and her daughter are stir thing up at columbia.

>> yeah. i'm proud of the speaker for going. i'm proud of him showing leadership and some compassion for these jewish students. but, you know, even worse than that, the fact saw saw that she's not denouncing these protesters who are yelling things like go back to poland where the holocaust literally, you know, and to talk about a genocide, he eliminated 90% of polish jews, it's horrible and it's disgusting. she should be ashamed of herself. david: congressman, i want to switch to foreign policy because we had this foreign aid package. it started out as a piecemeal package for israel and and other countries, but when it went to the senate, it was a whole package. you voted against it. specifically because of ukraine. >> yeah. david: can explain why. >> well, because i think at this point years into the war we are pouring money behind biden's bad strategy and rack of a strategy.

and my -- and lack of a strategy. and my constituents are asking how does this end, what's the path to get it to end e, how long are we going to be pouring this kind of money behind what is now a war of attrition. and the thing that is so frustrating to me, david, is we would simply blood the global market -- flood the global market with cheap, clean american oil and gas, you drive down the price of oil below $50 a barrel, and putin's war machine is done. he is in economic survival mode and, oh, by the way, so would iran as well -- david: right. >> but instead he's pandering to his left with an lng ban but also refusing to enforce the sanctions on russia and and iran because it would raise the price of oil which would a raise, it would raise the gas prices here at home. it's all about domestic politics, and enough is enough. and, oh, by the way, europe isn't doing what measured be doing as well -- what it should be doing as well.

david: but the war on fossil fuels is providing the war chest for both iran and russia. it's absolutely clear that's happening. congressman waltz, good to see you. thank you very much is, have a good weekend. let's check futures now. the opening bell is next. the dow's just about flat. we'll wait and see what happens if in just a few moments when the bell begins. ♪ i need to live a little, have some fun. ♪ talk some time -- ♪ trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders.

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david: checking the markets, the bell rings in about 3 minutes. it is about flat, up 12 points on the dow. but nasdaq is doing nicely, 145-point gain, almost a full percentage point gain in premarket activity. angelo sue know joins me now. i want to talk about microsoft, you have a $47. 5 price target, that's about $20 more than it was just a few hours ago, right? >> yeah, no, it is. and, you know, listen, it's probably our top pick within, within the tech space or among kind of the mega-cap names out there. you're absolutely right, the

cloud numbers were absolutely fantastic. but, you know, for importantly, when we think about microsoft, it is more than just a cloud play despite the fact that it is accelerating. we actually see it as this three-headed monster in the sense you've got that cloud out there. clearly, a a.i. is a second aspect of it and if then gaming cans a part of that business that a lot of people don't think about. we think there are really strong secular opportunities that will allow microsoft to continue to grow at kind of a low teens, mid teens type of pace here over the next three calendar years. david: alphabet had another tell lahr report, and you upped the target again on another stock, on alphabet. you have them now at $190. i think they're trading about 174 right now. why the uptick on alphabet? >> yeah, no, it absolutely had a great beat on that side of things. i think you look at alphabet, everybody's going to be the eyeing their three core businesses, search, cloud as well as their youtube business

which all kind of, you know, surged past expectations. however, when you think about alphabet and why the stock is really up here, it's that operating margin expansion that they showcased this quarter. and it's something that meta has been able to do the last couple of years. alphabet is really kind of showcasing it within their business here this quarter, and we think it will continue over the next couple of quarters, so it's a great scalable business that you're getting at a really nice price at about 20 times our 2025 estimate. david: not bad. and very quickly, any worry about inflation? >> no. i mean, in our view, i mean, clearly higher interest rates is always a concern out this there the for some of these high growth-oriented type of name, but these are names that should execute much better in that environment relative to others out there. david: ang a low, thank you so much -- angelo, thank you so much. really appreciate it. you hear the opening bell right now. if we can look at the big board, we were expecting a little green on the screen but, frankly, the

overall situation is red right now. there is a lot of green on the screen, but the overall dow is, well,s it just ticked up a little bit. it's up 2 points. basically flat. if we can switch over to the s&p, see what's happening there, the s&p is up nicely, it's up about, over a full -- over half a percentage point, 33 points to the positive, 5,081. and checking the tech stocks, the nasdaq, they are doing quite well. look at in this, a real jump. much more than was expected in premarket. it's up about 1.33%, 206 points right now. all of the big tech giants except meta, meta's down just a tech. but alphabet, amazon, apple has gone negative but it's basically flat. we got some earnings reports before the bell. lauren is with us to go through them. start with chevron. lauren: it's a dow stock, an oil giant and up 1% right now. their production, higher, producing more. up 35% from a year ago. don't tell the white house.

shares had been down because their revenue of just under $49 billion was a bit shy of expectations, but the stock has reversed in the open right now. david: by the way, some breaking news, alphabet just hit an all-time high, is that right in. lauren: yeah. david: staying on energy for a second. lauren: so the stock should be down as it e opens here, the profits were short of expectations, fell 28%, tock down 2.5%. here's deal, natural gas prices are down sharply on the year, by 37%, and they're also, the refining margins are tighter. that's blunting the benefit of higher oil prices. david: all right. the toothpaste company -- lauren: used it the morning -- david: colgate-palmolive. lauren: they are also big on pet food, and people spend a lot of money on possess. demand remains strong. finish people are stretching their budgets. colgate also raising hair full-year sales -- david: all right. and a big beneficiary of the chips act, intel falling hard

morning. lauren: wow. david: what's happened? lauren: it's falling out of bed. coming into this report it was down 30% year. chips are doing well, what's going on with intelsome. david: and they're getting money from the government. lauren a lauren i know. companies are spending their money on artificial intelligence with chip, not the more data centers and pc chips that are intel's bread and butter. they're spending $100 billion to build up factory es in four different states. they have all this money coming from the government, but the turn-around under ceo pat gelsinger, it's stalled, and and investors are showing -- david: and i would add, again, it shows the a failure of government industrial policy. when you have government in the mix, they usually make the wrong decision because it becomes political, not based on market action, but based on political push here and there. meanwhile, microsoft-backed rubric had its ipo yesterday, and it was a pretty good first day, to say the least. lauren: okay.

i'd never heard of this company. a cybersecurity start-up, so it makes no money. shares priced at 32, that was higher than expected -- david: backed by with microsoft. lauren: closed 5937. this -- 37. this company, because it's in the sweet spot, it's got microsoft's backing, it's got cybersecurity, it's got a great ceo, it is convincing wall street that ig ignore that it's not making money now, it's on a path to profitability. i want to tell you about the ceo. his name is bipul sin isha, he is the definition of the american dream. he came from a poor village in india, he worked as a brees tax he now -- barista, he runs rubric, and he has this vigorous process of recruiting the best people to work for his companies, and it's paying off. david: -- been punched in the face over the past few years, but it is still alive here. meanwhile, disney world just banned crocs ons calculators. what's this about? if. lauren: they can get stuck in the teeth of the escalator.

not the teeth of the crocodile, the teeth of the escalate or. i would say that could happen with any shoe. by the way, disney does sell crocs. they have a cute little minnie mouse -- david: you were just down there. lauren: i did buy them. oh, they're so cute. you can buy them but you can't wear them the, at least not reportedly on the escalators at the magic kingdom. it is going to be really difficult to take the crocs off the kids. david: that's kind of weird. snap r0r9ed after the bell. how did they do? lauren: whoa, stock's up 28%. revenue group 21% thanks to ar and -- a.r. and a.i., augmented reality and artificial intelligence coming together and delivering for snap. they're giving their developers, their advertisers and their users these two platforms to improve the social media experience. it's working. daily active users increasing, they've got 422 million of them. david: okay. then there'stize per, and the fda just approved the first ever

gene therapy. lauren: huge story. pfizer's stock never moves. it's for a rare bleeding disorder. this is a huge deal because it's the first ever gene therapy approved by the fda in the united states. it is a one-time treatment, and it costs, get this, $3.5 million. that's before insurance and benefits. david: well, you can't put a price on human life. meanwhile, chinese ev makers plan to the start building cheaper models. could this be another problem for the tesla? lauren: yeah, and you can see it right there because the two chinese ev makers are both up better than 7.5% while he's a rah is down. i follow morgan stanley's adam jonas, he says the past 4-6 months have shown a deceleration in ev adoption mainly because of increased competition. and now you have xpeng if coming out with the cheaper suv than the tesla model y are, for instance. ditto for initiation o, and that is hurt -- n if io, and that is

hurting tesla. even though we heard just a few days ago from elon musk that they plan to have the cheaper model coming out -- david david hoe knows he needs a cheaper -- he knows he needs a cheaper tesla. lauren: but he has to do it e really fast. david: and really well. quality and speed if don't always go together. let's check the 10-year. interest rates are down a tick, down about 4 basis points, 4.66. it's still pretty high. checking gold now, and gold was up earlier, it still is. it's up $11.80 an ounce. bitcoin, if we can look to bitcoin, we see some red on the screen. it's down about $700 to $63,896. and oil was up earlier. let's see if it still is. yes, it is, up 48 cents to $84 just about a barrel. natural gas is down a tick right now, actually more than that, it's down 9 cents. that's a 5% loss for natural oil, the way they value it. the average a price for a gallon of regular, by the way, is

$3.66. for diesel it's $4.01. coming up, a new poll showing just 13% feel trump is being treated the same as other defendants. tammy bruce is fired up about that. she is in our next hour. and if a former schoolteacher used a.i. to make a principal's voice ask create a false recording of the principal giving a racist rant. wow. west virginia got that report coming up -- we've got that report coming up. and police spend up to tree hours every day writing reports, but axon has a new i product that could cut the time down to just a few minutes, keeping more officers in the field for longer. sounds like great news. the president of axon joins me next. ♪ help me if you can, i'm feeling down. ♪ and i do appreciate you being round. ♪ help me get my feet back on the ground. ♪ won't you please, please help

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♪ david: san francisco mayor london breed has a new man to reduce drug use and crime in her city. lauren, what is it exactly? lauren: so between midnight and 5 a.m., small businesses in parts of the open air drug market which is the tenderloin district cannot sell back tobacco or any prepackaged food. think about it like this, think of the deli. that's where people gather and potentially do bad things. but -- of. [laughter] i appreciate london breed's intent here to cut down on these bad stuff that happens typically at night, but if you're in the tenderloin, the drug of choice is fentanyl. you take that 24/7. david: yeah. lauren: you typically smoke it every 10 minutes, no joke. so now you're hurting businesses' business because you want to cut down on crime. will it work? not exactly sure, but at least she's act among thing the

problem. by the way, if -- acknowledging the problem. if a business stays open after midnight, they're pined $1,000 -- fined $1,000. david: why don't you crack down more on the -- lauren: they're giving out prix pipes and drug pair per nail what. david: that policy does not work. even in blue states, they're changing those policies. lauren, thank you. taser company axon has developed a.i. software that turns audio from police body cam footage into immediate police reports so the cop doesn't have to go back and type it all out. joining me now is the axon president, or josh isne e r. this seems like a wonderful solution for a lot of cops who are complaining they're doing mostly paperwork instead of out in the streets. >> absolutely. thanks for having me, david. 40% of a police officer's day-to-day is predicated on writing police reports and doing

other administrative tasks. we think we can cut that in half with our new product, draft one, which writes what our customers say is about 80-90% of the report before the officer even has to engage in that task. david: now, of course, a lot of other stuff that cops say in the course -- i've gone with cops on various routes to see how they do things, and this is a lot of tough that comes into the conversation they might not want in a police report. how does a.i. take that stuff out? >> yeah. if a.i. really won't make decisions like that. the transcript is based on what is in the body cam video. that's what the a.i. is relying on. so anything that happens in that video, that will show up in the report. and end then it's really important though that the officer goes in and does the last mile of the report him or herself. this has got to be owned, the final product has to be owned by the police officer -- david: okay. so this doesn't go right from

the body cam right to the chief's desk. the cop has to come back and edit it. the cop becomes the editor of this stuff rather than the writer of it, correct? >> that's a great way to president it. that's -- put it. at the end of the day, the officer has to be signing off on the product, and there are several safeguards in there to make sure that happens. david: so how many police departments use this draft one product? >> well, we just announced it in our user conference this week, on tuesday morning. we tested it with several large are police agencies across the country and several department a.s offices as a well as they're a big stakeholder in this. but we expect a lot of demand for this product, the feedback at the user conference was awesome, and we think this is going to be a pretty big one in terms of the first major a.i. product in policing. david: and finally, who actually developed the product? did you outsource that or do you have a whole new division doing that? >> yeah, great question. we try to do what we're really

good at and, ultimately, there are a lot of vendors out there that are really, really good at a.i. so we take that, you know, general premise and apply it to our product and our use case and our user experience within evidence.com which is kind of the leading software package in law enforcement right now. so it's really a partnership, but it's very seamless to the end user, and we think they're going to be -- david: i've got to say, any product that a mistakes the streets safer i'm for 100, and i love it e when tech can be used in such a positive way. josh, great to see you. thank you very much. >> thank you very much for having me, david. appreciate it. david: of course. a top adviser to los angeles e county district attorney george gascon has been charged with multiple felonies. what are the charges, lauren? lauren: or her name is diana tehran, and she's charged with illegally accessing government data on cops. criminal charges -- david: unbelievable.

lauren: it is, because she supervises hypofile cases including police misconduct. she used to work at the very's department. she is accused of downloading this confidential information and using them unauthorized when she moved over to work at george gascon's a office. this is such a big deal because gascon is up for re-election, and this could derail his agenda of police accountability when you're using all this stuff that you allegedly illegally got from one of your assistants when she used to work at the sheriff's office. david: we were just talking to josh about what works and what doesn't work. i would think that the people in l.a. would realize that gascon's policies don't work and the people that are drawn to him don't seem to be doing things the right way with either. next one, lauren. the tennessee legislature as passed a bill that would fine parents for kids' crimes. is governor lee going to sign this law? lauren: he's expected to. the measure passed both statehouses. it would fine parents $1,000 every time their child commits a

misdemeanor or a felony. look, tennessee has just too many kids in juvenile detention, and they want to send a message to parents, you are on the hook for money or, you know, community service when your kid is a repeat offender. so it's not just that the kid stole a pack of gum, it's that he's done it over and over again. i always think of helicopter parents, right? i never wanted to be a helicopter parent, but this is the exact opposite. david: it is. lauren: repeat offenders. tennessee is saying they have to do something about it. david: well, parents do have to step up i. there's no question that parents have been negligent in terms of watching over their kids, so maybe this'll help. lauren, thank you very much. coming up, biden's aides don't want him walking across the south lawn alone anymore. they want to draw less attention to his halting and kind of shuffling across the grass. we're all over that one. meanwhile, the next round of the supercross championship is tomorrow. jeff flock is actually inside the stadium where all the action's going down. he's with us next.

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david: well, supercross, that's with motorcycles, is becoming and's crease -- increasing wily popular sport. jeff flock is in philadelphia. jeff, this is at lend con financial field. that's -- lincoln financial field. that's where the eagles play. how do they turn a football stadium into one for motorcycles with hills and everything? >> reporter: it's incredible, david. this is where the eagles fly, and you probably just saw some guys flying over my shoulder. yeah. supercross is mote conscious but it's -- motocross, but it's inside a stadium. pike runs the operations for a supercross -- mike runs the operations. how do you do this? >> we actually started on tuesday bringing in the all this dirt. we got over 5,000 yards in here, that's 500 truckloads of dirt that were brought in to build this racetrack. >> reporter: 26 million pounds of dirt. the idea is to create this in an environment where everybody can. watch.

>> yeah. lincoln financial field provides just that, great view from all seats within the house, and we're really excited to be here. this is the first time playing this particular market, and so far it's been good. >> reporter: this is one of the 235sest growing sports in america -- fastest growing sports in america. you had a crowd of 67,000 in texas? >> yeah. at&t, arlington stadium, we've been going there for many, many years. it was an awesome crowd, 67,000. >> reporter: and it's amazing. these guys are jumps over, they call it a triple --? >> yeah. they're actually jumping 70 feet in distance, 35 feet in the air. >> reporter: whoa! >> these guys are professionals. they're the best in the world about what they do. -- at what they do. >> reporter: no kidding. saturday night is the big event. >> yep. saturday afternoon, 3 p.m., is when the main event will start. we have opening ceremonies which is the introduction of the top at a recents in the sport, pyro, lights, lasers, the whole nine

yards. >> reporter: and, david, you know, people love this because a lot of kids, they're ride rahing bike withs. isn't that something? holy crow. ah, you know, i'm not a motorcycle rider. last time i rode one, i laid it down on the ground. i was picking gravel out of my legs for about a month. david: i tell you, i didn't know about it, but i would pay money to see it. you said 26 million pounds of dirt? >> reporter: 26 million pounds of dirt. they bring it in and listen they scoop it up and take it out. david: we've got to run are. jeff flock, you always bring us something new. thank you very much. google just hit an all-time high and topped $2 trillion in market value for the very first time ever as markets are beginning to gain a little more than they were when we opened about an hour ago. still ahead, tammy bruce, florida congressman byron donalds, morgan ortagus and kara frederick. the 10 a.m. hour of "varney & company" is next. ♪ if.

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