and it's okay to try your best to be better and to make a better life for your children. with that in the mind, it was a tough week for america, a better week for investors, but we stay positive. liz claman, over to you. liz: very well said. and our servicemen and women deserve all of our respect -- charles: absolutely. liz: -- especially on in the weekend but, quite frankly, every single day of the year. charles, thank you very much. all right, gang, the bears are in hibernation as markets rally to wrap up a winning week. the big tech the area is powering the nasdaq. take a look, up 2.7%, that's a jump of 327 points. watch the s&p. it's super-charged, up 78 points on this friday. e it just needs to close 76 points higher to be positive for the month. we are there at this moment. and the dow is set for its sixth

straight session of wins, its longest streak of the year. the dow, you guys know this, has endured a wildly volatile month, but we are an hour away from seeing it end positive for the month. the point gain to watch, the blue chips need to close just over 340 points to close out may in the green. our floor show traders are here on whether we're seeing a dead cat bounce, a bear market rally or a real recovery. and the best of tech our traders say you need to pack into your portfolio before with you pack your bags for the long weekend. as the markets rise, the secretary of state is warning china remains the biggest threat to american infrastructure and business. the ceo of cloud security giant z-scaler is here with a threat analysis and with what he sees ahead, what corporations, what a businesses both big and small need to do. and inflation still could be the biggest cloud over your memorial day barbecue. we're going to talk to the ceo of red robin about how high costs of burgers, buns and just about everything else is driving

restaurant owners and their customers crazy. it's a fox business exclusive. plus, i've got the need -- paus! [laughter] tom cruise is back as maverick. yes, i saw it, yes, i want to be a naval pilot. is it too late for me? we're head to the theaters for a look at how much top gun might add to the box office arsenal and to see if the audiences are ready to come back to the movie theaters because it is a theater debut exclusive, no streaming. fox market alert. with an hour left in trading, the day-long rally still going strong. look at your screen, the dow up nearly 400 points, s&p better by 78, nasdaq up 328. the russell coming right up the rear behind the nasdaq for the second biggest percentage gaper here. and by the way, the dow is currently trying to snap its 8-week-long losing streak, the longest for the index in 90 years. as good as the rally looks for

the bulls, some are already hitting the road to dodge the memorial day weekend rush as americans embrace the unofficial start of summer. those road trips costing a lot more these days. the national average for gasoline, $4.59 a gallon. a year ago it was $3.04. wholesale gasoline gushing higher. arbob better by 3.33% this -- of course, you know that's not only place we're seeing higher prices. we're going to hear from red robin's ceo about the hot dogs and hamburgers. meat prices are going crazy. up inflation, yes, still running hot, but prices, are they starting to slip, oh, so slightly? today we got the latest core pce read, the fed's favorite inflation metric, core personal consumption expenditures for april still rose at a 4.9 percent pace. that's hot year-over-year but

slightly cooler than march's 5.2%. month over month core pce rose three-tenths of a percent. the two rate hikes, are they working to tamp down inflation finally? maybe, but either way higher rates have had a crucial effect on tech stocks. the nasdaq down 10% since march when the federal reserve first started hiking rates. and while the tech tantrum has turned into tech the armageddon, days like this when everything looks green really makes investors wonder and question where a's the sector sweet with spot? well, goldman sachs telling investors these four tech companies will stand true and strong during market volatility; apple, amazon, meta and uber. all of them higher with alphabet jumping more than 3%, amazon jumping 2%. meta -- why is apple in there? apple is not on that list.

amazon, alphabet, meta and uber. all of them doing well today. but are these your only options? is goldman always right? let's bring in two brilliant floor show traders, scott fullman and carnivore trading's dutch masters. scott, let's get to it. i am sure you agree with maybe some of the goldman names, but what else should be packed into people's portfolios before we finish out this, what, 55 minutes left to trade? >> so good afternoon, liz, and i'll tell you, you know, there are a lot of decent names out there, and there are some names that are already turning the corner that i think people need to look at and own. i've been on your show numerous times, we've talked about advanced micro quites. this is really -- devices. this is really a core holding that's needed for your tech portfolio. this is a company that's been taking away market share from intel. there's a lot of flow going into it, and as the chip making comes back and we relieve some of these supply issues, i think

that this company is going to go back and test its highs. i i also like micron technology. again, we need more ram for all the machines, for the cars that are being built, for all the internet devices. i think that's one reason that you really need to look at micron. and if at&t, you know, the fact is that the communications stocks have been so beaten up, and we're starting to see a real turn around in this stock. i'm a technician by heart, and you take a look, you're seeing an upturn and seeing some demand come into this stock. so i think it's a good time to start going in and owning it. liz: yeah. and marriott and delta, i assume, for the travel play. let me get to dutch here. dutch, you -- as we've talked in the past, a couple months ago -- you were shorting the nasdaq qqqs. so you took off that short. now give me the names that you're piling into at the moment. >> so we mentioned to you on the

last time, liz -- and, by the way, great to see you, and we're in las vegas today -- liz: nice. >> -- so what's not to love of? [laughter] airbnb was something we mentioned to you last show that you said was, you know, who's going to have some pricing power and do well. so we went with that. and i just actually got a text many from my trader said, what are we buying, they said adobe, service now, team and palo alto networks, panw. and our biggest position other than our wheat etf is murphy, murphy usa. we really like these guys out of of arkansas. they are in 26 states, and the symbol is musa. murphy is just a very, very well-run business, and as oil prices stay up, their revenue top line's going to go up.

but the real story there is they have 2.2 million people every day who walk through the doors of their convenience stores which are nice and light and bright and cheerful, and people just go in there and get what they need, and they go on their way. that's a lot of people, and their retail revenues have been exploding. and, you know, i don't care where i'm -- whether i'm paying $1.75 or $2.25 for my diet coke while i'm on the road, i'm just going to go ahead and get that. liz: you say diet coke, i'm going with sweet tarts. [laughter] i mean, let's be real here. okay. so, scott, you know, if you look at your sectors, you do find, as we say, some nice picks in tech which is looking very strong today. are you worried at all that this is just a bear market rally? >> so -- liz: or hoping? why do i say worrying? you could be hoping so you can scoop up some more on discounted levels. >> so the fact is, you know, we get these bouncessen within,

within negative trends the or counter-trend rallies which are good. the thing is that you never know when the counter-trend rally is going to completely turn around and go positive. the fact is, is that we really feel the market's been way oversold. this is an opportunity to pick up some really good quality companies at low prices. and even if we go back down a bit, holding them is not really going to hurt you because when we we do recover, these are going to be some of the names that are going to outperform and lead the recovery, in our view. so the fact is, is that you can't always judge ahead of time, but you can certainly make some assumptions and try to decide which of those stocks you want to own that have really been beaten up and have a really good valuation now. liz: dutch, bear bounce or real thing? >> bear bounce, but it could have -- could be wicked strong. we just got off 100 of the worst days of nasdaq history, but the

dollar's rolling over, rates are rolling over, market's passing. market likes the fact that the rate of change is slowing down on some of the bad things. liz: yeah, and core pce just shows a teeny bit of slowing down. it's great to see you, gentlemen, have a safe weekend. thank you so much. >> thank you, liz. liz: always a pleasure. fox business alert, on a day when the nasdaq is the rock star of the major indices, a rock star stock during the pandemic, workday, is down 5.33% after the human resource software company missed quarterly estimates. workday lost about 41 cents a share compared with a loss of 19 cents a year ago as investors are apparently no longer willing to pile into growth at any cost names that can't post profits. multiple brokerages including wells, jpmorgan, credit suisse cutting their price targets on the stock which, by the way, hit a high of $307 back in november and has now cratered to $159 and change right now.

gap stores also reporting a big earnings miss last night, but shares of the retailer are higher at this hour, up 4.6%. gap gave full-year guidance of between 30-60 cents a share, that's down from a range of 1 is.85-2.05. the retailer specifically singled out its old navy division the saying the segment's lower income customers are feeling the pressures of inflation now, and old navy will also be scaling back its inclusive sizing strategy after demand for the larger sizes fell short, and the store chain ran out of medium sizes. separately, american eagle outfitters getting its wings clipped after fiscal first quarter results missed expectations, it's down 5.7%, $13.21 a share. ulta beauty, though, glittering on an upbeat forecast. the beauty products retailer reporting quarterly sales rose 21%. ulta says the end of lockdowns and mask mandates have increased demand for makeup. you can show your face, right?

and other beauty products k if that's helping to drive up sales and profits and the stock right now which is jumping 10.7%. and hopefully you remember yesterday on our floor show, sarge told you he's been a huge fan of nvidia but only on down days. well, ark investor ceo cathie wood dove back into the nvidia pool purchasing nearly 250,000 shares of the chipmaker which she then spread across three of her etfs. ark approximately paid about $43.7 million for that chunk. wood and her team have previously held shares of nvidia but then liquidated all positions in november of last year. since then that stock has fallen roughly 40%. but even after buying a round yesterday, she's still in the money at this hour because shares are topping $188. the china threat, secretary of state antony blinken laying

out america's defense in a major speech. cybersecurity and protecting american business assets from theft chief among his priorities. the ceo of cloud security firm z-scaler is here with how bad the threat could get. closing bell 48 minutes away, and stay where you are because we're also about to take you live to a new york city theater showing "top gun: maverick." we're going to check in on the clouds returning to the movies. "claman countdown" is coming right back, dow is up 451 points. ♪ ♪ another crazy day? of course—you're a cio in 2022. but you're ready. because you've got the next generation

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liz: whoa, look at this, the nasdaq is cracking through ceilings right and left. there is a new high here, session high for the nasdaq. it's a jump of about 352 points. we're just below that at up 344 points. cybersecurity stocks, a lot of them trade on the nasdaq, they are on the move as secretary of state antony blinken sends up warning flares in a speech detailing the nation's new effort to combat what he says is our greatest international challenger, china. >> we're sharpening our tools to safeguard our technological

competitiveness. that includes new and stronger export controls to make sure our critical innovations don't end up in the right hands, better cyber defenses, stronger security for sensitive data and sharper investment screening measures to defend companies and countries against beijing's efforts to gain access. liz: the secretary of state's speech yesterday at george washington university outlining the united states' commitment to bolstering cyber defenses. that's got palo alto networks, checkpoint, crowdstrike all jumping higher, rallying along with the market at this hour. z-scaler is at the very top of the nasdaq. look at this gain, up 13.9% after reporting last night it blasted through third quarter estimates beating on both the top and bottom line. but clearly, it's already time to look on the horizon for newer threats. founder, chairman and ceo jay choudhry joining us live. blinken says the u.s. is

sharpening its tools. give us an assessment after what you see ahead. >> liz, thank you for the opportunity to come back on ask talk to you. i think it's time that we get more and more serious about it because it's no longer just about physical war. in the cyber world, you can be doing a lot of damage stealing all the ip, stealing all the data, and nobody even knows about it. it's good to see him say that something should be done about cybersecurity. our government is actually saying go and do zero or trust because the traditional security we have been doing using firewalls and bpns is no longer effective. once they get on your network,er there are in, and they go and find high value targets. in the model that zscaleer pioneered, you're never a trusting party. you simply connect to a switchboard, the the policy

inspection happens, you get connected to the right party. so i'm excited and pleased to see that the current administration is9 putting focus on asking all agencies to implement zero trust architecture within two years. liz: well, jay, i agree, i think that the government needs to be all over this. you guys certainly have. but could you, for our viewers, tell us where you place china and its state, for lack of a better explanation, state hacking groups. you know, whether it's russia or north korea or, i mean, some are running around in romania. i mean, not endorsed by the state there the, certainly, but who, who ranks at the very top? is it china? >> so we have a sizable security research team that actually tracks our reconnaissance activity as these players are trying to figure out who to go after, how and what not. china and russia, to be sure, are on the top. we talk about russia more

lately, but china has its limbs all over the world. so we need to make sure these people can't get on our network, on our systems. i think we can talk about it, we can keep on trying to do things, but fundamentally our government needs to change the way they get into our systems, and that is changing to the new architecture that says trust no one. zero trust the. and that's where our federal government is taking advantage of providers like us to provide them services. and we have actually worked with over a hundred federal agencies to help them, but there's a long huawei to go. liz: yeah. and, of course, you work with hundreds of fortune 500 companies and corporations across europe and the middle east, everywhere. you are getting hired to do that. you know, look, we've got to stick up for ourselveses, and our government has to be vocal about that. but after blinken's speech, a chinese spokesperson tweeted out

basically, in essence, saying it sounded like a declaration of all-out strategic competition or war against china. you know, from a hacker standpoint what can corporations and businesses expect? what should they look for and where are the holes they need to plug right now? >> yeah. in a simplistic way the architecture we have built for network and security is what i call castle and moat. you think that once you come in the castle, you're trusted. that needs to change. we shouldn't allow bad people to come in disguised as good people. liz: right, right. >> and we fundamentally need to change our security architecture, reduce our dependence on firewalls and bpn and the like and introduce better identity systems where it prop orally gets checked, who are you? -- properly gets checked, who are you? if we don't change those things fundamentally, we'll be just

patching things, and we won't have a real, meaningful solution. but companies are doing it about 40% of fortune 500 companies. they have moved forward. they have embraced zscaleer to provide a zero-trust type of security. the faster we get there, the more secure we get and the less worry we'll have to worry about hackers from china or russia. liz: jay, keep up the good work with. the stock is certainly keeping up, up about 4% right now. thanks the -- 14%. thanks for joining us. >> liz, thank you for having me back. it's always a pleasure to talk to you. liz: thank you. memorial day weekend means, among other things, hamburgers, hot dogs and hollywood bad luck busters, and there the will be none -- blockbusters, and there will be none bigger this weekend than "top gun." >> in 3, 2, 1. ♪

>> we're going into combat. >> not even him. >> you think up there, you're dead. believe me. whoo! >> my dad believe you. i'm not going to make the same mistake. liz: maverick is back, and tom cruise's movie magic is turning on the afterburners in theaters through the holiday weekend. gerri willis has a live we preview from the theaters in new york city as paramount pictures finally releases the high flier. we'll check on the related stocks as well when we come back. ♪ ♪ (vo) while you may not be closing on a business deal while taking your mother and daughter on a once-in-a-lifetime adventure — your life is just as unique.

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♪ ♪ liz: take a look at this. after a two week pandemic hiatus, fleet week has returned. you're looking live at the

intrepid on the hudson river. this week thousands of members of the u.s. navy, marines and coast guard have descended on the streets of new york in a memorial day tradition that dates back to 1935. as that tradition returns, president joe biden addressed the graduating class of the u.s. naval academy in annapolis today, the president wishing the midshipmen fair winds and following seas as they embark on missions in urn -- uncertain waters. and as memorial day weekend kicks off, the highly anticipate thed "top gun" sequel a maverick is making its final landing after being they. >>ed four times. yes, i saw it, yes, i have the hat and the aviators and, yes, it will be -- i predict -- one of the greatest recruiting tools the navy has ever seen. the blockbuster is expected to rake in more than $100 million this weekend alone and could fly even higher. let's check on the ticket sales. gerri willis is in new york city's times square with the latest.

gerri. >> reporter: girl, you are something else, let me tell you. [laughter] here's what we've got, $130 million, that's what paramount hopes to earn in just three days from this unbelievable movie. people really excited about it. let's dig into those numbers. they would be the biggest open ever for tom cruise, the big star who stars in this movie as maverick, the navy pilot who has a need for speed. remember that phrase, right? we have that. the movie is opening in 4700 theaters like the one behind me here across the country, and that is the biggest open ever. think about it, there is so much riding on this movie, liz. i have to tell you, all of the industry's hopes are pinned on it. and why? well, they're worried that audiences have lost that loving feeling for being in the movie9 theater, right? the year of covid 175 million in studio sales during that summer

and normally it's $4 billion over four months. 40% of the industry's take home comes from the summer. well, we'll see if that happens this year with. but i have to tell you, the people we talked to, interviewed, say they're excited about this and they're coming out for the movie, listen. >> this is the one to see. i've been waiting a long time for this movie to come out, and so i'm just really excited. >> can't wait to see it. >> got to get back out. >> yeah. >> reporter: so there's an entire slate of movies coming out this summer, obviously. this movie isn't the only one. there's even an elvis movie. , and liz, as i send it back to you, i do want you to tell me what your handle is, what you call yourself. i just want to add that -- liz: go ahead. >> reporter: let's hear it. i was just going to say the chinese communist party not too

thrilled by this movie. [laughter] liz: oh, i bet. and they're pretty sneaky about that on how they show who the bad guys are. we've been talking about it in the booth, some people are saying red fox because that's my handle on tiktok, but can you have two names? isn't it iceman and war lock? i think it nature to be countdown, pushed together. >> reporter: i think you should have four or five names personally, that's just me. [laughter] that's all i'm say aing. >> i am fantastic. my handle is fantastic. liz: nice. and you are. and i saw what you did the there with the loving feeling. it's -- i'm telling you, it brings back such nostalgic movies to see this movie. i loved it. gerri, thank you so much. as industry analysts put their domestic weekend box office targets at about $130 million, the whisper if number is blasting past that beyond $130 million. we will know tuesday, and that's

when ix max ceo rich gelfond joins us on "the claman countdown requests we will get the story on just how eager americans were to get back to the movie theaters. with 28 minutes left to trade the, imax shares are powering higher after rosenblatt securities this morning initiated coverage of the big screen theater chain with a buy and a $25 price target the. up 7% followed by sin mark and amc. -- zinn mark and amc. yesterday morning on tiktok we were all over the potential for cenemark to gain ahead of the release. premarket we flagged our followers that star tom cruise would propel the box office numbers by insisting the release would be exclusive to theaters. no simultaneous if streaming release. want to get a jump on big business stories? follow me on tiktok each morning @redfoxliz and tweet me if you think there's a better call name

for me. i want to hear that. tom cruise may be hollywood royalty the, but with only 6.6 million followers on instagram, burger king red robin has him beat? 10.6 million members in its royalty program. the burger chain ceo is here to tell us how he's turning digital loyalty into dining success. it's a fox business exclusive. closing bell 26 minutes away. look at the dow now, up 501 points, the nasdaq charging past a 3% gain, and the s&p only climbing higher and higher, up 89 points. we are coming right back. ♪ ♪ another crazy day? of course it is—you're a cio in 2022. so what's on the agenda? morning security briefing—make that two. share that link. send that contract. see what's trending. check the traffic on your network, in real time, with the next generation in global secure networking

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liz: the postpandemic panic remains in effect for restaurants that managed to find a way to stay hope and -- open and survive but now are facing inflation which is beefing up meat prices. according to a poll, 72% of

small restaurant owners worry that inflation could force them to shut down within the next six months. as of april, the price of beef and veal products up by 14.3% year-over-year. now, while in 44 u.s. states and 12 locations in canada the international gourmet burger chain red robin is hoping to turn a loyal customer base into a sustained period of processer thety. and -- prosperity. the stock is doing just that at the moment. joining us now, red robin ceo paul murphy. well, at least today. this is a massive gain here, paul. you guys are jumping 27% at the moment. but let's, let's tackle in the right now regarding the cost situation. what are you facing? because we're looking at labor costs, i guess in the first quarter up more than 131% -- 11%? that's a stunning number. >> yes. i'd say it's definitely a interesting time. any typical year either you're

getting cost pressure, inflation against the food side of the business or the labor side of the business. and as you pointed out, it's against sides of the restaurant business. and we have been able to tap into our royalty members, we call our loyalty program's called red robin royalty. as you mentioned, it's 10.6 million strong out there, and and through our enhanced system, we've streamlined our ability to more effectively communicate with them. launched a new lislety the platform -- loyalty the platform at the end of 2021. we've personalized our messaging with them so that when they're we're communicating with them, we're communicating in a way that they use red robin. that's how they want to interact with us. so the messaging really is personal ifized to how they like

to to interact with us and that ability has really improved the number of engagements with the red robin brand, the trial, the frequency, the conversion. so we can get them in for their favorites, we have give them some discounting, we can help them out from a cost structure in their daily lives. so i think it's a crucial asset and advantage for the brand. ours is one of the largest in the industry, and people are reacting very favorably to it. liz: well, you finally got to what i was going to ask which is, okay, what are you communicating? people want discounts, they want value right now. when we see what, as i said, costs for labor, how are you not translating this to a higher burger cost, and tell me how you're managing to a maneuver around what are very serious inflationary pressures. >> well, we have a couple, i think, advantages for it.

we have held our pricing down compared to a lot of other brands, but a real value driver for red robin is our whole bottomless concept. so, you know, we're doing these lpo promotions, backyard barbecue today that's led by the smokehouse brisket burger. but along with that, you'll receive bottomless fries. so there's a value component to almost every burger that we sell that i think offsets a little bit of the price that a we're taking to offset the inflation on the burger side. and we're maintaining that. we're not taking that away from the customer, so it's -- a lot of it's on the fries, on the beverages. and so they see the true value of red robin as certainly as you can see through the earnings results. they think it's a very compelling value proposition. liz: well, yes, and you're

certainly not going to buy the stock at a high. even with the gain today, you're down about 33% year to date. it's been a very rough six months and full year not just for you, but how do you foresee this really starting to turn the around for the stock the beyond today? >> well, i am -- honestly, i believe that the inflation q2 will be somewhat similar to q1. but i also see that moderating as we move to the back half to the mid single digits as we get to the back half of 'the -- of '22, into '23. i think that's going to auto-- put a little more discretionary income back into people's pockets. quite honestly, it's maintaining that price structure to, in fact, i think red robin has the ability to steal market share from other brands due to our ppa. it's much lower than a lot of others in the casual dining segment, and part of that's by

choice. we want people to see and feel the value of red robin. and i think that'll translate not only into the business results, but into the stock the price as we move forward. liz: paul, listen, bottomless fries, you had me at hello, so that -- [laughter] thank you very much. paul murphy of red robin. we've got to look at shares of twitter right now breaking $40 finally this afternoon, but the share price still absolutely nowhere near the bidding price of $54.20 that elon musk offer for the company. will twitter give in to musk's demands for a lower price now? charlie's breaking it next. closing bell, 15 minutes next. dow jones industrials up 502 points. we do have the s&p in the green for the month of may. we're watching this very closely. and the nasdaq, well, as we said, the rock star of the day, up 3%. ♪ ♪

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liz: all right, take a look at bitcoin at the moment, it has fallen below 29,000 standing at 28,520. crypto investors are on a high alert heading into this memorial day holiday. long weekends have typically been very rough for the crypto sector with less liquidity in the market trading and the swings that a come with it are much wider and more volatile in part because cryptos trade 24/7. secondly in the crypto space, the sec has rejected a proposal by asset management firm one river to list a trade -- list and trade a car won-neutral -- carbon-neutral spot etf, one of many that have been are rejected

by the sec. and talk about a dog whistle, all it took was one tweet from tesla ceo elon musk announcing that the cryptocurrency dogecoin will soon be able to be used to buy the ev maker's merch along with spacexmerch, and that has sent dogecoin up as much as 18%. tesla, of course, is also having a great day. up about 7% -- 6.8% at the moment. all right. let's go. speaking of elon musk tweeting, we have the latest on his takeover plans for twitter. charlie. >> musk says he wants to do it still. he's been making filings recently, that he's up to the equity portion. i think some of our viewers know in the, but if you look at the way the stock is trading, it's trading like this thing is going to be sold. at least that's what everybody i talk to, you know, is saying -- liz: at what price? >> the betting is somewhere in the 40s or maybe at 40 they

will take his bid, and the reason why is there is no natural buyer for in the other than elon musk right now. and the stock is probably not $48 a share. we should point out that some of this rally in the stock is elon-related. some of it is the related to the markets. if you believe that the markets right now are, this is kind of a dead cat bounce, right, this is like markets discounting inflation and not taking into account the possible and looming recession that we're, a lot of investors are predicting, you know, twitter is a $20 stock, something like that, you know? $20, $30 stock. that's what people say, so they have to pit -- to hit this bid. i think the money is on, just what i'm hearing, that next week is kind of a big week, that next week is the week we, you know, start fooling around and we figure out, like, what prices are they going to go at, where are they, or does twitter go to court, you know?

we should point out that the sec, fox business was first to report this. when i see stories like this in the times, the journal -- actually, the journal and bloomberg,9 that the sec has sent him notices about his bid for twitter and how he timed and disclosed it, you know, on your show in april we were talking about this. so why it's such a big deal now. investors are all largely blowing in this off, and they think even if he got nailed on, you know, the failing to disclose properly, it's like a fine, couple million dollars which he can obviously afford being the world's richest man. also we should point out that the sec's been looking at elon musk predating all this. i mean, they've been looking at accounting, production numbers, things of that nature -- liz: harassing, do you mean? >> who's harassing? liz: well, i mean, the sec's really breathed heavily down he is la's back, and some people say it's the been somewhat unfair. >> john wheaton, the lawyer, the

expert on xrp and ripple, he said this was bill gates, breathing down his neck. the one thing i will say -- i mostly always agree with john, but one thing i would say is the sec had been looking at him before in the. some of his production numbers were kind of funky, you know, whether he's committing fraud, i can't tell you. but i think next week is big. this deal, i think rubber meets the road -- liz: or maybe they just decide we're not selling because this stock was in the 703s last year, and maybe think they $70s. >> that's when the fed was pumping money. we're in a weird economic situation right now. liz: aviator glasses for tom cruise. >> met me see. liz: what's your call sign? >> aquarius, i don't know. [laughter] liz: gaspo. it's got to to be a word like war lock. >> amc, go to the movies. i'm going the stream, ladies and gentlemen, how's that, apes? [laughter] i'm streaming all over.

liz: i'm going to turn off my phone. thank you. charlie gasparino, the one, the only. stocks are rallying, markets' bear todd horowitz even as the tow's 464 and the nasdaq is having just a terrific day, up about 2.9%. ♪ ♪ asset... the path is gilded with the potential for rich returns. big game today! everybody ready? alexa, ask buick to start my enclave. starting your buick enclave. i just love our new alexa. dad, it's a buick. i love that new alexa smell. it's a buick. we need snacks for the team. alexa, take us to the nearest grocery store. getting directions. alexa will get us there in no time. it's a buick. let's be real. don't make me turn this alexa around. oh my. it's painful. the buick enclave, with available alexa built in.

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losses. todd is one of our favorite traders here. why are you so negative? >> you know, i have got to tell you. between inflation, a broker supply chain, the food shortage that is coming. the less working and the simulation of the economy has been an overall disaster. we are running out today opening thin and light buying. this is a sign of maybe some of the retail traders trying to pick the bottom for the first time in 10 years. i think the commercials and industrials are waiting on the outside and there are so many problems we can't overcome, especially the high prices of oil. >> can we put up that graphic?

the bubble busters include what walmart and target say. we have jay powell who raise rates for the rest of the meeting. putin and ukraine. as we look at what's going on with the markets. we can see this rally is legit and strong. the nasdaq up 379. transports having a terrific day, up 249 points. as we close out this friday, apple, walt disney, dow inc and microsoft. dow and the s & p are going to close out may in the green. that's a whole different moving streak.

look at these gains here. the dow now climbing to even newer session highs in the last couple sessions up 558 and climbing. i want to say we all talk about barbeques at memorial dane family and friends. we need to say thank you to our service members who make it possible for to us enjoy life here in the u.s.a. thanks for joining us. have a safe weekend. [♪♪♪] david: welcome to "kudlow." i'm david asman in for larry kudlow. democrats are scrambling to find issues as the elections approach. some are realizing their progressive far left agenda is backfiring big time as the entire country moves strongly to the center. but the deadly