good woman i've known for 45 years and a lot of people showed up at the hospital and hope folks get involved. lastly that i did mention this to my niece, so she sent me a reply and i'll share it with you. oh my god, i'm so overwhelmed with joy. i'm here at work and tears reading the comments while the feeling it gave me is amazing. thank you so much. so much motivation. all right, still here with taylor riggs. taylor, so -- people are beautiful. 88,000 likes all prayers and all positive. people are really beautiful. >> you and your family are beautiful as well, charles. you should know that . charles: all right, thank you very much. all right, folks. kelly o'grady here for liz claman. kelly, over to you. kelly: charles, i got to meet your niece at that fundraiser and makes my heart so happy to see her back at work. i'm sending you hugs and thoughts and prayers and her as

well. charles: thank you very much. appreciate it. kelly: i'm kelly o'grady in for liz claman today and we're wrapping up one of the most volatile trading weeks of 2024 and the dow, it kicked off the week by tumbling more than a thousand points on monday and it's been choppy this week and the bulls been fighting back all week long to trim some of the losses and the markets that have been a little bit all over the place but we're in the green and the dow up 13, is and p500 up 19 and the nasdaq up 62. vas for context on the s&p 500, it posted its worst day since 2022 on monday but yesterday then went and peaud its best session since november of 2022. don't worry, you're not the only one that has whiplash. i certainly do as well. expedia is one of the leaders

after post ago beat on profit and warning about demand and getting to intel, it's capping the dough's gains and biggest laggard right now and it's down 3.3% and fallowed by united health and bidenomic and both around 1.3% down and i want to show you cisco systems. it's part of the dow and right now it's down about 0.3% after report said the network equipment maker plans to cut the work force by thousands as the company shifts its focus more to cybersecurity and ai. for the week, stocks are set to finish in the red and the nasdaq is tracking for a fourth straight week of losses and i mean, you can see all of them downright now. yields down -- netflix has bee ffinicky as well and staying below that 4% mark and right around 3.5% now and this is happening as the bond market awaits inflation reports. we're going to cut next week including cpi on wednesday.

we have rob hay worth and our favorite trader scott shellady that always comes dressed appropriately. i love it and you always outdress me. look, rob, i just laid out all that volatility for you and midway through monday, you had investors saying we need an emergency rate cut. now they kind of feel like we're all looking at monday going, >> the news and the fed pause on rates and bank of japan raise rates and selloff on friday driven by the jobs data and then getting into price discovery phase after that and started on monday and we think we're still in. we're still working our way

through price discovery before getting to fundamentals underpinning this market again and in again, those are constructive but in the meantime, the market has to work through what was a pretty big selloff for markets, pretty challenging and the question is kind ofs is there anyone damaged by that and it's constructive that we're seeing the market move a little higher today. we had a nice jobless claims number on thursday. those come out every week and tend to be short lived but we're starting to see this transition to fundamentals and as you point out, there's a lot of fundamentals coming out next week in addition to key retail earning reports and getting inflation data and getting retail sales and maybe the market can start to look through this volatility we've had this week and challenges. charles: kelly: looks like we'll

have a rate cut soon so, scott, we have a will the of negative data pointing to recession and credit card debt and housing market and you've got the fed saying, you know, it's okay. we're not there yet. things are fine. but i'm curious your perspective on what happens to inflation if the fed does go ahead with a rate cut especially as we have both administrations that could get in come january with more inflationary policies if you look at certain areas. >> well, i'll start with the end first and say whomever is the president january 1 of next year is going to be given a big plate of you know what because the situation that we've got in front of us is not better. i agree with rob, there's the calm and i say it's not going to be over yet. to that point, i would also add this, if you take a lock at s&p back to 1970, 2008, 2009 for

great financial crisis is really when we introduced this terrible economy to the fed. the fed will not let the market go down and still in that mode. so the market tripped and fell and skinned its knee on friday and monday of this week and instead of running some dirt on it and getting on with life, we had to go up stairs and mop's bathroom and empty the drawer of the neosporin and band-aids and call the school and it's terrible -- this whole economy we're only treating the symptom and never even treat the sickness. shrug your shoulders and say the fed is not letting the market go down and cutting interest rates and then we'll have this terrible inflation problem all over again and by the way, we're $35 trillion in debt and on all this, the picture. kelly: you're a little bit mare somebody of a glass half full guy when it cops to sort of the

outlook and where you can put your money, but i'm looking at earning ands looks like the consumer is seeing weakening demand and company after company come out and say that. where are you putting your money to navigate that dynamic? >> certainly a challenging time and look at what is a slowing economy and a economy getting slower and maybe not recession natural rights approach and probably still productive -- recession natural rights approach and as long as there's no technical breakdown in the communication services serving you well and reads are getting interesting and more of a reset to go in the direct to own real estate market and publicly traded reads have seen a significant price reset and trading at discounts to underlying properties and there may be some opportunity there. particularly seeing interest rates coming down here a little bit. whether the fed gets to half a point, a full point, however far they go this year. we're seeing

these and our challenge remains the commodity sectors remaining with energy and materials and price over global demand and that turn around is more challenging areas of the market. kelly: lob and scott, we'll have to loeb it there. appreciate both of your time on this crazy friday after a very crazy week. thanks, gentlemen. >> thank you. kelly: other big stories today, take 2 interactive and rising over 3% right now and grand theft auto maker beat expectations in the first fiscal quarter and the video game company said it expects bookings to grow in 2026 and that'll go through 2027 gearing up for release of most popular game gta6. that's coming out in 2025. take 2's forecast for current quarter bookings softer than what the street was expecting and video gimmick maker said the customers are facing pressure from inflation and in game spend

asking softening. consumers also cutting spending at capri holdings portfolio bond and stock dropping 4.5% and this is behind michael khors, jimmy choo and more. retail giant said sales fell 12% year over year in the quarter and seeing weak demand across the globe. paramount global is on the rise up 2.2% after media entertainment company streaming platform paramount+ reported a profit for the first time in three years and business reported a sharp slow down and 6 billion value on the cable business and paramount cutting 15% of the u.s. work force as part of its plan to cut costs ahead of that sky dance merger and the street really happy to see that strength and streaming out of paramount.

company reported a loss and missed revenue expectations in the second quarter and sales fell from 4.36 billion to 3.95 billion. that was well below the 3.98 billion estimate and decline led by subscription lolosses and mobile paid tv and broad band businesses and customer haves to cut costs. the wireless operator could be forced to declare bankruptcy by the end of the year if the losses continue. coming up, two boeing astronauts stranded on the international space station could have to wait until next year to return to earth. former nasa astronaut and long time commander of the iss is here to give us his view from 10,000 feet on the astronaut stock in space and later. we'll head to dconn2024 and mesh's got talent judge howie

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susan: 65 day -- kelly: 65 days since astronauts blasted on the star liner and the trip was supposed to take eight days and now may take seven months. latest black eye for boeing and the production line and stock. the stock is down over 11% and pails in comparison to the 35% drop off year-to-date. what's next for the company and how do we get them back on earth? joining us now, retired astronaut terry who spent over

seven months in space on two missions and commander of international space station on his second trip to space in 2014 and, terry, so good to have you on the pramilaed to today. i got to start by asking you to kind of level set for me sort of the severity of the problem. this was an issue with the thrusters and leaking helium and how dangerous is that for the astronauts and hoopoes possible is it for the folks at the iss to fix this? >> that's a great question and a lot of sensational headlines about this and the reality is the crew is okayed to come back. if there was some emergency to get to earth quickly, they are currently allowed to jump in the boeing and come back. the real issue of what's going on is this is a test flight. this is boeing first ever human space flight with the capsule and when the shuttle first flew and spacex flew, there's

problems that come up and helium problem and rcs jet problem that you eluded to are issues and they've been looking at them in depth for several months and think they understand what the problem is, but they're being very cautious to make sure everything is okay and the folks i've talked to said it's not a problem. if it was an emergency, they could get in the capsule and come back tomorrow. kelly: that's really good context and to your point, we're all looking at this going, it was supposed to take eight days and poor folks are stranded up here. what's happening. and i missed backdrop of everything else happening with beauing and if they had to, they'd be able to get in and come home safely. i'm curious your peak spl spective on this and nasa came out and said, look, we have a backup option to have them hitch a ride with elon musk's spacex craft. it's going to be going to the iss and then coming back at some point next year. i mean, how much do you believe boeing that they are going to be the ones that take these

astronauts home? >> well, i'm not at nasa or beauing and speaking from experience but again, to put that in context, nasa always has a backup plan. two years ago, the russians had several bad weeks where the coolant leaked out and they had to bring our astronauts back on different vehicles and so they've looked at for several years can we bring more than four astronauts back on the spacex. once boeing getting certified, can they be used to bring back astronauts and there's a russian or spacex problem and there's contingency plans and they said out loud, hey, the boeing as gnats might come back and everybody is focused on that . there's always backup plans. there was a plan to stay on board the space station and wait for another space shuttle. backup plan asking what nasa does best. kelly: that's good to hear. space travel seep as bit more

complicated than my normal journey on the weekend. look, optically to your point, everyone is focusing on, okay, well, maybe boeing is not going to take them back. this was aerodynamic test flight and last step before getting is approval from nasa for the regular flights to the iss. does this hurt their space program going forward? >> well, nasa wants the star liner to be certified and passing final exam in college and not a college graduate till you pass that final test and boeing needs to pass on the test flight and the next flight can be what they call an operational mission and put four in and start this rotation to and from the space station and i have a star liner model here that a friend of mine gave me. the real focus is getting that certification and get this headache as you mention and beforehand there's been -- if you haven't been watching the news, there's issues with boeing

over the last few years and they don't want this or need this. frankly america doesn't want this. i home they're successful. my friends there have a very good grip on problems may had and just doesn't sound like a big technical issue to me and i know nasa wants to be care and feel make sure they're looking under every stone. kelly: really quick, this is essentially having to pass the final examine and looks like we're having trouble in the middle of the final examine. if they can bring them home safely, does that mean -- does that check the box or still be questions? >> if i understood right and nasa officials don't come home and returns unmanned, they can certify the capsule if they're all successful and even if the astronauts came back and there was a problem not to be certified and the fact they come

back or not doesn't automatically mean it's not certified or is certified and boeing wants to get state queens certified to fly missions and it's a goal of nasa. nasa wants to have multiple options, you know, wants somebody beside spacex, the only american option we have right now. so i think everybody wants success. there's just a lot of caution happening right now. kelly: okay, we'll have to leave it there, terry. certainly we want to get them back on earth and boeing wants this to be a subsycesful mission optically. appreciate your time today. >> thankers for having me. kelly: a whole new meaning and one fast food chain and quartly report and inflation salivated and heading for the dodger state to see how americans are fairing and talking to people at the

wisconsin stage there. more on the claman countdown is straight ahead. ♪

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hearing evaluation today. can i have another pancake? from full house... ...to empty nest... ...to free birds. vanguard personal advisor can help you prepare for every chapter. we got this. that's the value of ownership. kelly: it is sweet to be a sweet green investor today and shares of the fast casual selling joint are powering higher right now by over 30%. and this is second quarter sales beat and narrowing loss and social security moving in the right direction towards profitability but can it continue topping the

competition. jonathan kneeman, congrats off the bat for a good report today and certainly what your investors want to see. at the start by asking if sales grew 21% and same store sales grew 9%. walk me through the drivers of that froment >> yeah, thank you for having me and our team. the 7,000 front line members that made this all possible and the head coaches and really proud of the results and the few drivers and some of the biggest with the shift as we brought -- broaden our menu. we introduced plates, earlier this year we had car mallized -- care mallized caramelized items and opened a lot of new stores in markets and places like south

and texas and the upper midwest and florida and we've seen a really, really ro robust growthn the markets as well and proving the wide space opportunity we have. last thing we have a lot of -- a huge focus on delivering our sweetgreen promise from a hospitality perspective and making sure the food is always fresh, fast and friendly and kudos to our team for delivering on that. so we did a great job of making sure that it was faster than last year and our team was hospital and delivering. those are some of the drivers. kelly: switch gears and talking private and the loss is norrowing but still a loss. butt out a goal of reaching profitability by 2024 and are you still on track for that? >> we continue to leverage our dna and driving sales and expanding margins and this quarter a restaurant level

margin of 00% -- 22.5% and delivering on $12.5 billion and moving towards adjusted and profitability and next milestone is net income profitability and we're very, very pleased with the growth we're seeing and if you plan on continuing this leverage, we have a lot of work being done to continue to grow our sales and continue to expand margin and being very disciplines around the cost structure and dna. making a lot of investments to support with the business is going whether it's in the brand, supply chain, automation, et cetera and it's that growth time to leverage everything we've built. kelly: this infinite kitchen investment that automation piece of it for viewers at home and it's a robot assistance and sweetgreen and economics and execution and i thought of you as a tech hybrid restaurant company and it's kind of proving

that out. >> well, we think of ourselves as a food company and experience first and use technology to enable that and better experience for customers and better experience for team members and hopefully deliver in terms of shareholders and we opened up infinite kith anne donovan a suburb of chicago and built four infinite kiths now and four live builds ask one retrofit and seeing promising results. we expect in general the infinite kitchen to deliver seven or eight points of incremental margin, we've seen about 10 points out of those restaurants and more importantly from a customer perspective, they're loving it and consist portions and speed of service and it's incredible and seeing bulls come out and allowing 3, 3.5 minutes to get your order food coming out perfectly with the perfect temperature will hot or cold and then of course our temporal integration members

love it and 40% team member turnover and it's a critical metric for us and teams like working here but appreciate the co-pilot of the automation and we're excited to continue build on this and open a total of seven new and three or four retrofits this year and menacing on the call and at least half of our pipelines next year will feature the infinite kitchen. kelly: it's a really interesting concept to make it more efficient and really quickly before i let you g a lot of your direct peers and even broader eating out space in general is struggling and weakening consumer demand. it seems like you've cracked the nut and people are coming back to you. even a solid $20 in some cases and why are people so loyal? >> it's the price value equation

and taking the price over the years and many of the competitors had to take so much more that the relative price defense of what we offer for food that is really sustain blizzard warnings sourced made from scratch and createable and convenient and compared to the at terntive, that's struck. i think we're seeing a little -- some people trading up and i think some people are trading down into sweetgreen, at dinner and thinking about $15 or $16 for lunch may feel a bit expensive but at dinner it's a great value in this economy so i think people are seeing that. and really appreciate all we're doing and the company is working hard for it and innovating whether it's steaks or giving people new news and new things to try and broadening our consumer base. kelly: yeah, jonathan, my no, ma'am is watching and she's a big fan. she heard caramelized garlic steak and she'll say let's go there next. appreciate your time there, jonathan. >> thank you so much for having me.

kelly: well, from the health conscious bulls of sweet green to the big sky and iconic state fair and one set to attend the state fair in west alice, wisconsin, and the badger state is known for the cheese curds and other delicious snacks and also a key battleground state for the upcoming presidential election. latest fox news you'll see coming to fox news voters and the economy and madison alworth at wisconsin state fair in west alice with wisconsin residents. what are you hearing? reporter: hey, kelly. we've been talking to residents and they're worried about the economy and their personal wallet and we've spoken to people that said they've seen the cost of everything go up but especially at the fair. they want to try to spend their money wisely, budget wisely to create fun experiences for their kids and for their families. what's the biggest thing you've seen an increase in that you're

mindful of? >> groceries. 100%. prices up at grocery store. >> groceries, gas, you name it. >> a do a little side hustle for the fun money. >> excited about cheese curds? >> my favorite every year. reporter: how do you budget or think about the money to spend here? >> my sister-in-law has a map and we figure out where we're going and what we want to eat. reporter: what are you concerned about right now service delivery models >> my mortgage and energy bill and groceries. reporter: tell me about the mortgage and energy. we know in wisconsin, utilities have gone up. is that shotgun you see in >> yes. ours is probably doubled. >> our electric bill. it's been skyrocketing this last past year. >> i usually open my curtains instead of turning on the lights because the natural sunlight sometimes but it helps her out.

>> biggest expense right now? >> rent and my car bill. reporter: kelly, top three concerns i heard from the people that we spoke to are utilities, home prices and groceries. but despite all of those things, people are still showing out here at the fair, including for things like your fair lemonade and this will put you back $9 and i've then them all over which i get, there's nothing quite like fair lemonade. kelly. kelly: i totally agree and making me thirsty and thank you, madison. bring back some for me. reporter: you got it. kelly: it's not the wisconsin state fair but it's described as south x southwest meets davos and the brain child of serial entrepreneur gary danercheck and the three day seventh we're joined next with the scoop from hollywood. more count down is on the way.

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-kelly: kicking off in sunny los angeles and different vibe than new york city and multi-day conference going to feature discussions and performances from prom nathanial hackette figures in en-- prominent figures in entertainment and tech and howie mandell, wi will.i.am and opening singer, rapper and producer t pain going to be performing and joining me live from las vegas is chairman and friends ceo gary and comedian and america's got talent judge howie mandell. thank you for joining me today. gary, i want to start off, you're in la, my old stomping grounds and v con. what's the theme this career and how will it be different than

the two previous iterations? >> thank you very having me. i think it's top of mind and top of business in pop culture and influence marketing and talking about live shopping and i think people will talk about social media best tactics and perspective and humor and value of humor and art and so pop culture and howie and a lot ovbusiness talk and cmos and ceos from companies and pretty excited about it. laukelly: business is always co, gary. i hear you. >> i agree. i go to so many of the business confeconferences and as you ratd off the names, makes me feel good in my stomach for the broader population watching right now, it's people that people know.

i no doubt and you no doubt on cmos and ctos at these and broader market make it is fun. kelly: i love to hear t-pain perform so that's a good one. howie, your involvement in this. i looked up your talk name, it says howie talks about stuff so very, very descriptive. what are you talking about at the conference? very specific. >> i have a philosophy that kind of adhered me to be a huge fan and follower of gary rendition of anthony and everybody looks to the outside for their economy and for their success, and i believe that gary vee has the ability and we all do to motivate ourselves to create our own economy. you know, and do well. and i believe that anybody who has at least a fourth grade education and is making minimum wage has the opportunity to do much better than they think they can do and i'm speaking from

experience in the sense that i don't have a ged and my skill set was the ability to put a rubber glove on my head. i found ways and continue to create my own bubble of economy perceived as successful. kelly: clearly very successful and even if you don't have that background in business, i was looking at some of the companies that you invested in and proto, ai hologram company trying to revolutionize the way we communicate for viewers and beam someone in and talk to them live. >> more than that. i found a guy on instagram who has this company and a hologram, i'm a germ folk and i can do it without going on tour. i can be every place and when i saw the technology, i said it's

more than that. this is ecommerce. this is education, this is the ability to interact and engage in every industry there is so much so i decided to invest in it and sit on the board and their head office is located at my location, at my offices here in los angeles. but that's not what gary preaches and the whole concept it's this open mindedness. there's no rules and no way that something should be done, and we are incredibly creative wonderful species that can find ways. this technology that you're looking at right now, it's a great canvas, a technical canvas for if you have a need and something you want to do, we're partners with people like christies who found this has increased business and done over $2 billion worth of business in art auctions and they don't have o fly a piece of art or insure

it. kelly: so many different ways. it's being open minded and breaking rules. >> that's what veevon stands for. kelly: to that point, gary. i think what's kind of interest asking that i was looking at some of the different panels and there's a lot of focus on nft sparking excitement or re-excitement and web 3 as a focus and a lot of folks, you know, are kind of sense of aloha saying, i don't know riskier assets for what's happening in the economy. i'm not sure if i want to go there and how are you trying to excite people and what's the messaging going to be around that space this weekend? >> to be frank, i'm not sure. you're talking to somebody that made videos saying 99% of nfts are go to zero and they're sneakers or trading cards or wine or nfts. i'm not sure i'm interested in exciting people real estate is

exciting or not. plenty of go ahead deals on wall street or they're not. really what the conference is about is not only in web three and block chain and obviously everything in the macro economy right now and especially this week is dealing with what it's dealing with. this is about educating people for option alty. i'm kind of agnostic and you want to keep just money in your bank account and get very little interest like mazel tov, knock yourself out and to me being educated of everything you can do is an important variable and i think that speaks to what howie was talking about about possibility and not at to the point that i think a lot of people when they look at counter, i think anything that's delusional and any time you'reing in anything and don't understand with the conversation with the novice torr in la. i don't understand bitcoin. good, don't invest it in. i don't understand most things which is why i don't invest in

them, but i understand early social media startups like facebook and bitter and snap chat and you canner and a lot of people didn't. they didn't invest and i did and those worked out for me. kelly: yeah and to your point, and the point of the conference this weekend, that's why you educate yourself so that in the future, you can determine if that investment is correct. gary and howie, appreciate your time today and have a great time at the conference. >> thank you. kelly: billionare bill ackman pay be trying to find the push ahead for if pushing an ipo and made his decision in the 2024 presidential race and charlie gasparino has more on his pick and how much he's donating. charlie break it is next on the claman countdown. ♪

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kelly: okay, well, a zoom meeting between top members of the biden add administration and crypto executives turned ugly on thursday morning, further underscoring the uphill battle democrats have to win over crypto voters and redistrict their votes and donations from donald trump to kamala harris. charlie gasparino here with me. learning charlie, i was at bitcoin 2024 conferences a couple weeks ago. i talked to ceos. they said, look, we can't have three and a half years that we just experienced. can she turn this around?

>> no, listen, we should point out that the democratic party has been captured by progressives, i mean, let's be real clear. the hallmark of progressivism as an ideology is government control, governor directs investment to help the environment. whether you agree with it or not, that's what they do. finish government, you know, changes behavior. government tells you how many board members you should have that are of certain race, ethnic classification, gender classification. that's progressivism. crypto is totally against that. crypto is we're over here on the side, we're going to do our own thing, we're going to create our own currency because we don't trust you, government. so right off the bat there's an ideological divide x. on top of that, you have what the biden administration has done over the last three and a half years which is a regulatory onslaught into crypto. and on top of that, you have president trump opening his arms to crypto saying i'm going to make the u.s. the crypto capital, and i'm going to fire gary gensler, the head of the securities and exchange commission, who's attacking you,

and i hate elizabeth warren, who's behind gary gensler's attacks. big supporter of kamala harris. so this is a wicked uphill battle. it was, from what i understand -- not totally my reporting, mostly, i would say 99% from ellie, my producer it's the brain child of mark cuban, a tech billionaire who's also pretty pro-crypto, anti-trump democrat, anthony scaramucci who lasted 12 days as trump's communications director when trump was president a few years back who hates him now, and they kind of brought this thing together. and ro khanna, who is a congressman, democratic congressman from silicon valley, who all three of them had this pipe dream that you can tap into crypto people who might be voters in this whole thing. kelly: yeah. >> and vote for democrats. so who do the they bring? they got a good crowd. i mean, i give 'em credit for this. they didn't have harris there,

she's not showing i, but they got lyle braynard who's a white house deputy, wally -- who's another top white house pensioner adviser on economics, someone named kristine lucius who's harris' former chief of staff. kelly: yeah. >> mooch was there, cuban was there, but it didn't beginning or end well. kelly: yeah. >> from what we understand, a lot of screaming, adeyemo said manager that pissed off half the crowd, and they were yelling at each other. kelly: yeah. what i find interesting -- >> this is going -- [laughter] i would tell mooch and cuban,s save your gun powder, this is going nowhere. kelly: yeah. obviously, trump seems to have the support, at least somewhat, of the crypto community. bill ackman has put his support behind trump --

>> he's not quite crypto, but he is a former democrat who's now, it's interesting, cultural warrior on twitter because he hates wokeness. i wrote a whole book about corporate wokeness. bill ackman plays a small role in that book as the counteroffensive to it. and what's interesting is that longtime democrat is now openly supporting trump. kelly: yeah. >> now, he was at -- i was able to confirm this, so this is kind of -- i broke this in my new york post newsletter, he gave $500,000 and showed up on the dais of the recent trump fundraiser in the hamptons that clogged up traffic so much -- [laughter] where i think trump might have raised $15 million. it was put on by cantor fitzgerald chief howard lutnick, and ackman was up there on the dais chewing off, chewing on -- i don't know, what's the cliche? chewing off donald's ear? [laughter] kelly: i think we're going to have to leave it there. >> but to get there on this stage, you had to give --

kelly: a lot of money. >> we've confirmed that. that's the highest priced ticket that the fundraiser had. can. kelly: well, a lot of big names there. charlie, appreciate your time. okay. more than 91% of s&p 500 to have posted earnings, still, there are some big names including home depot, walmart, cisco systems. cisco trying to join the big leagues of a.i. players, joining me now is jeffrey small. jeffrey, thanks for being here. look, you know, big tech got clobbered this past weekend. it's coming back. out of the mag 7, you like meta the best. why? >> well, meta's doing the west on a stock -- the best on a stock performing basis because their fundamentals were crazy. net earnings went up 73%, their earnings report in second quarter was great. so they're improving in every category, but the it's the fundamentals. it's the fundamental picture. and so is meta going to spend more than they earn?

that's really the question that concerns investors. i don't believe they will, i think they're too smart. i've got a price target on the stock of $600 in 12 months. kelly: and what about nvidia? that's sort of the darling that everyone talks about. earnings are going to to come out august 28th. there's a lot of big expectations for them. are they going to deliver? is this a place that the you should be putting your money even after all this hype? >> i really think it's a no brainer, it's the greatest growth stock of our present time. it's been beaten up. it's down 30% from its peak, and this is one you definitely want to own, because there's a trillion dollars of revenue heading in their direction for a.i. chips that everybody's building up including the mag 7 stocks. they are nvidia's biggest customers. so that's going to keep happening, they're going to keep investing. you've got to own nvidia. and the current price target or for next year is trading 23 times earnings this time last year. i'm willing to bet a lot of money on nvidia that it's going to keep growing, and investors

have to see the current downturn as a buying opportunity. but there is the potential for more volatility. and more whip sawing in the market, kelly. can. kelly: and just really quick, amazon, i mean, we've seen the consumer weakening. you like them. is this an aws play? if. >> i really think it's an aws play with 19% growth on aws in the most recent quarter: and the consumer weakening, i this -- think it strengthens amazon. kelly: all right, jeff, we'll be watching those names especially when nvidia reports. markets closed slightly higher but slightly down for the week. on monday liz will be joined by imax ceo with, rich gelfond. i'm kelly o'grady. that's going to do it for "the claman countdown" today, "kudlow" is next. ♪ larry: hello, folks. welcome to "kudlow," i'm