panic out there, you're going to see the kind of institutional buying that moves markets. history, it may not repeat, but it certainly does rhyme. so in the case of the market, right, we've talked about this a lot in the last year, markets in midterm election years ahead of presidential years, we're down. we got hammered last year as we normally do, and look at this thing. even a metronome, the rhythm is so perfect. so if you're in the fox hoel, you may -- foxhole, you may want to stick your ear out tomorrow because i think we could be in a position where we could actually start to really, or really take off. if you're not positioned today, watch the network tomorrow, be ready on monday because in jobs report is like any of the economic data we got this week, i think the fed is on the sidelines at least for now. liz claman, over you. liz: yeah. you and i will be right here tomorrow. charles: yep. liz: because i don't want to sound too, like, twilight zonish here, but we're about to enter a 24 the-hour time span that wall

street has little, if any, experience dealing with. and that is the inavailability to trade stocks -- inability to trade stocks just as one of the most important monthly jobs reports gets released. ahead of tomorrow we've got the dow jones industrials slightly negative, down 11 points. s&p is up 12, the nasdaq up 87. russell 2000 up 2. now, in 17 and a half hours, 8:30 a.m. eastern time, the labor d. releases that non-farm payroll report for the month of march. economists anticipate 239,000 jobs were created last month but still robust but about 72,000 the less than we saw in february. now, the unemployment rate is expected to hold steady at 3.6%. so here is the conundrum. while the highly amendment thed number is crucial -- anticipate thed number is crucial because it'll give investors a sense of whether the market has cooled enough to stop the federal reserve dead many in its rate hike path, no matter what the

number, equity investors will not be able to trade off it because wall street is closed for the holiday tomorrow. they will, however, be able to move money out and in of treasuries, whatever they want, because the bond market will be open until noon eastern. right now we've got bond yields hovering around 7-month years -- lows. the 10-year is moving in the op opposite direction of the 2-year correction which is most sensitive to fed policy moves. it is the moving up 3.7 basis points to 3.81%. on top of that, st. louis fed president jim bullard, he's a non-voting member but he's got a big market voice, intimated today in a speech in arkansas that no matter what the jobs print is tomorrow, the fed, quote, cannot declare victory too early on inflation and that, quote, we need to stay in it and at it to get inflation back down to 2%. so as we watch some tentative trading ahead of tomorrow's report, let's get right to the

floor show. the first week and the second quarter coming in like a lamb, so we are joined by dutch masters and scott bauer who's at the cbow. guysing when i say tentative changing, the cow has -- the dow has gone back and forth # 6 times. concern 66 times. that's kind of lambish, is that a word? scott, you've got the s&p looking to close lower, blue chips on pace to finish a tiny bit higher. tell me, scott, about this weird sort of netherworld where investors can't buy or sell u.s. ec ec by -- equities tomorrow in the wake of a portfolio number that may call for moves? >> and, liz, it's so surprising to me. behind me, this is the s&p 500 options pit, it has been quiet all day. if you look at the volatility the, it is as as low as it has been in months which is so surprising. given the fact that we can't trade equities origin. now, there will be some futures open for a very short time, but

anybody that wanted to ache a position, concern take a position, you got it today and you stuck with it until monday. and again, going back to the volatility the, the s&p 500 option is predicting that for monday, okay, in four days a 1% move, basically, in the s&p. now, on -- the we've seen over the last six, eight, maybe even a year, so six, eight, twelve months that going into the big jobs print we have seen that implied volatility so much higher, expecting so much more of a move. so this is telling me that the retail investor and people out there, they're just not scared which is surprising to me. liz: well, it doesn't surprise me that dutch is not scared at all. in fact, you've been so gutsy lately, you changed a big position you had that you started several months ago and have just changed this past

monday. tell our viewers whats and why you have shifted completely out of it. >> absolutely, liz. thanks, good to see you. by the way, we're august to you from the trading desk many in las vegas at the trading academy. we've got 30 fans of liz claman back here. liz: yea, we love it. [laughter] >> yeah. so, yeah, we called semiconductors december 13th, i'm a bull, rain we rode them for a good three months. we backed off of that in the last week, sold off most all the semis. we started going long bonds and gold about two weeks ago, and so far we're look pretty good there. we actually did that because these are two trends that we see clearly developing in the bonds and the gold. and we actually think that the fed is absolutely done no matter what bullard has to say. i don't care, they're cone. we think they're done. we're making our bets on the fact they're done. we think the 10-year's going to

crash down below 3%, and where we're plague it is with our etfs like tmf and with the gold side, nugget, nugt. liz: tmf, that is a very bullish etf, 3x on 20 the-year treasury yield here. you can see what it's done over the past couple months, and when did you go long this, dutch? >> about two weeks ago. liz: yeah. two weeks ago. [laughter] so, you know, as we watch all of this this, i'm very fascinated to hear what scott thinks about that. but also about the gold trade, because you've got bouillon climbing to very close to record highs. now, just yesterday, scott, we had mike novogratz on. he, of course, is the big bitcoin bull, but he's also gone very bullish on gold, he is buying pooches. he just echoed what dutch had to say where he basically said -- he made a case for gold the year saying that the fed likely, we're cone, if fed meeting in

may may be the very last rate hike. many ricket predict -- predicted that the fed will be forced to put it many reverse. here's what he said, and i'll let you respond. >> and, you know, they'll be cutting -- so the gold market smells that, bitcoin market smells that. you know, gold above 2,000, we've come into this 2,000, 2,050 area probably six is times now. when it takes this level out and it closes up here a week, two-week basis, we will blink our eyes, and by the end of the year gold's going to be 2,700, 3,000. that's the way markets work. when you take out big, big levels, or you move to the next level. liz: 3,000 by the end of this year, scott. are you seeing any flows on trading floors that would indicate that's the way of the correction here? -- direction here? >> that's pretty aggressive. liz: right. >> i do agree that if it takes out this level at 2050, 20 the 60 or so, it's got some free room to the upside.

i would see 2200 as my if next level. you know, liz, when it comes to the fed here and pivotinginging it's such a conundrum because all of the i coe data that we have seen come out over the last week, maybe the last couple months, it's getting weaker and weaker and weaker. the jobs numbers are getting weaker which is exactly what they want -- liz: yes, yes. >> yet now they truly are faced with, boom, the recession is here. you and i have had this conversation. i believe we've been in a recession for the last 3-6 months. so his calls on both gold and bonds there, yeah, i agree with him. the regular etf, the 20-year bond etf, not the triple-weighted one, is tlt, that's about to break up to the upside too. liz: tlt. i know it well. i want to go back to this gold issue with you, dutch -- [laughter] because, again, you have some amazing trades. i believe last year you closed up the year, you and your carnivore trading peeps over

there up 321 president. 321%. and so far the year you're up 52%. are you going to continue to pile into this gold trade, nugt the, or will you start taking some profits? have you already taken some profits? >> yes. we ripped out some profits earlier in the week on nugt, and now the what we're doing is laying into the gold trade starting monday with some less leverage and across board with a few junior miners and some high quality, unleveraged etfs. we're being very cautious with stocks. we like just a few, xpof which is, you know, exponential fitness, and ferrari. we're looking for stocks that don't care about the recession and what's going on. but, yeah, the gold trade is one of our biggest positions now, and it's going to to the probably be a bigger and bigger position as we go forward.

liz: hey, it is great to have you both because you both bring totally different perspectives here. thank you very much, scott, dutch. and, dutch, welcome back. haven't seen you in a while. >> hey, it's so good to see you, liz. thank you. liz: always good to see you. same to you, scott and the gang. all right, those cracks in the job market that we've been telling you about, well, those cracks are turning kind of into crevasses. e-sports employees hanging on a cliff's edge. in late march amazon's twitch gaming platform announced 400 workers would be chopped, and in the last 24 hours amazon laid off another chunk in its video game division. enter dallas cowboys' owner jerry jones, backer of game square e-sports who's teaming up with the wildly popular gamer tyler believe vines, aka ninja, ahead of game scare's merger next week and its listing on the nasdaq. can the combo turn pixels into profits? in a fox business exclusive, the

twitch streaming star now named game scare's -- square's chief innovation officer, is with us live along with game square ceo, justin kemna. the dow moving up and down across the flatline here. "the claman countdown" is coming right back. don't move. ♪ ♪

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liz: as popular video game live streaming at platform twitch slashes more than 400 employees from its work force -- and, again, they're owned by amazon -- two of the biggest names in e-sports are preparing to grow by joining forces. gamesquare e-sports is merging with engine gaming and media to create one of the largest and most influential e-sports and media companies in the industry. the combination becomes official next tuesday when the joint company day buys on the nasdaq turned thetic ther symbol game. they're not so secret weapon, one of the biggest gamers in the world, tyler blevins known across multiple social platforms as ninja. he signed off as chief

innovation officer and no suit and tie for this c suite member. take a look. >> you've got to just go straight. line of sight, keep going. just relax. >> i'm not very good -- i never drive it. >> go! back up! >> i'm sorry. >> you have got to be kidding me! [laughter] liz: liz yeah, that's the new cio. so with ninja as the idea man and jerry jones holding a majority stake in the gaming venture company, how is game gamesquare going to the transform the media world? ahead of their big nasdaq debut, gamesquare ceo justin kenna and chief innovation officer tyler ninja blevins. i mean, ninja -- and i asked, he said it was okay to call him that. [laughter] next week you're officially the cio of a nasdaq-traded company. i mean, beyond how cool is that, what's going on in your mind

about how big a deal and a responsibility this is? >> you know, the responsibility is, it's not as big as people might think just because i know a lot of the people that i'm orb working with there including, obviously, justin who is really just helping it be a super natural transition into the role. we already had an amazing meeting with some of the people who are under gamesquare as well, also amazing streamers, and started shooting ideas of what a road map would look like. and, i mean, service the, like, two hours of just pure, like, lightning-tip ideas. so, i mean, we got -- we're already getting to work. liz: justin, what's it like? it's great to have somebody like ninja spitballing with you because he knows, but next week's a big moment as the merged company comes to life on the nasdaq. with that, i mean, the pressure is on. you'd admit that, right, justin? beyond the great ticker, game, what is merging with engine going to do to get this stock moving beyond a dollar and

change? >> you're right, it's a great ticker. we've got a big campaign around the ticker, actually, life is a game, so very excited. but, i mean, engine gaming brings another level to us that helps us achieve many long-term goals in the short term, and that is it gets us to revenue scale. most importantly, it gives us access to data analytics. and as you would know with brand and ad spend sort of retracting in some areas, i think, you know, now more than ever it's really important to be a cannibal and really have that, the data analytics internal, i think it adds to our unique offering. liz: well, very unique to have somebody like tyler as ninja on this c suite group that, to me, is very interesting because, you know, ninja, they gave you the role not just because of all the followers you have, but the know how and the knowledge of what those followers will do and what they'll spend money on. so what is your road map?

you mentioned road map. what is your plan, and what are some of the big ideas that you feel haven't yet been tapped at the competitors out there that you feel could really turn into green? money? >> oh, man, i don't know if i want to leak anything, but i guess i could -- [laughter] you know, so one of my good buddies, tim, he had a ailgate that was in dallas. tailgate, actually at jerry jones' setup where the practice field is, and they hosted an entire event, and they literally didn't have to -- what's the word, they didn't have to reach out to anyone for anything. they had all of the abilities to get all the vendors, right, and they basically created this massive event, and they were able to do it all in-house. there's a lot to say about that, right? so that's going to be one hinge that heir going to absolutely dominate in the field. so basically just continuing to do stuff like that, creating new experiences that haven't been done before on a gaming scale. one thing i have done in the past, there was a ninja new

year's event, and that was one with of the things that we spitballed about, do it bigger, better, administer stuff to it. -- add more stuff to it. and for hose of you who don't know, fort knight created the future with an -- fortnite added the unreal engine which is what you use to create video games, and you can literally code all that sufficient. they added it into the game of fortnite. so that announcement was almost two weeks ago now, and it's going to be game-changing, life-changing, kind of creating the metaverse in the world that we live in, like, actually concern i really do think that that's where with a lot of events could even take place in there as well. so we came up with some ideas about that also. liz: yeah. it sounds like, justin, ninja's all over this when it comes to ideas. [laughter] >> yeah, absolutely. liz: but if you look at the legacy media guys out there, you know, they have found a very very elusive demographic that they can't seem to reach with advertising. >> yep. liz: that's where you guys come

in because the disneys and the warner brothers of the world, warner brothers discovery, the comcasts, paramount, they're trying so hard, and they can't do it because this group of people doesn't watch regular tv, ask they don't go on maybe streaming services that the rest of us might and see some of these his thements. but how -- advertisements. how do you cap capture that from an executive standpoint? >> yeah, exactly. so the wayne gretzky quote is skate to where the puck's going, not to where the puck is. we live that every da. bringing somebody -- every day. bringing somebody like ninja is, is having the voice of the creator in-house. so i think that's really powerful. but it's a really good point. i think traditional media and advertisers are really struggling to reach youth audience at scale, and that's exactly what, you know, we offer and provide by not only the services that ninja was touching on in terms of live event production, content the, the

ability for fans to directly engage, you know, but i think, you know, having the ability -- can we have a media network that reaches 115 million gaming and e-sports fans every month. i it's really compiling what we talk to and deal with brands that are trying to reach audiences in this space. they realize how large these audiences are, but they are fragmented, they're hard to reach, and we guarantee them a certain level of engagement. so i think that's really powerful, right, in terms of building out the strategy but then the actually being able to reach that specific audience. liz: well, for both of you, there's a murderer's row of board members, not just to mention jerry jones, the big shareholder here. but you've got some big names on the board who can guide on many different levels to make this what you expect to truly be a big umbrella. you know, tom rogers, the executive chairman of the merged company, will be there. he, of course, is considered a visionary and disrupter in the media world. jer concern jeremy gorman who

owns -- runs ad sales at netflix. cfo of dallas cowboys, tom walker. these are heady people who want to see action and, ninja, i'm going to finish with you. >> yeah. liz: when you look at these people and say, okay, heir going to want some ideas that that a make money from me, what about merchandising? have you thought about that? >> yeah, we definitely have. that's one thing we touched on. i have a patent for, like, a hoodie concept a that really is not just used for gamers everywhere, but pretty much anybody that uses headphones. that that's one small thing. but i think at the end of the day when it comes to anything that we're going the to be doing, it's pretty much always worked if you create were incredible content and create incredible things, you know, it just travels, spreads by word of mouth, right? it gets the job done in the itself. i think that's our goal, just to make sure we're creating incredibly authentic and amazing content. liz: well, it's great to have you both.

good luck at the nasdaq next week when you officially merge and list under ticker game. thanks so much. >> thank you. >> thanks, liz. appreciate it. liz: and, ninja, love the the hair. i think i'm going to try it. >> i'd love to see it. [laughter] liz: okay. let me know your style theist, darling. retailers everywhere have to put on their game face as they battle inflation. walmart and its stock have been playing kind of a losing game in the fight against inflation, but the retail bellwether has a new plan to combat higher prices, and we're about to tell you what that plan is next. closing bell, 36 minutes away. dow's a little bit deeper into negative territory, down about 35 points. s&p's holding on to 8 points of gains, the nasdaq up 81 points or two-thirds of a percent. we are coming right back. ♪ ♪ dad, we got this. we got this.

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liz: fox business alert, is it still 66 times we've crossed the unchanged line? i think so for the dow jones industrials. right now it's down 33 points. we've got the s&p up 10, the nasdaq up 85. 80. talk about a 180. after plunging 38% over the past two sessions, c3ai shares are actually gaining about 8.6. it's not exactly a 180, gaining at this or hour after it responded to the claims made by a short seller. it had sent a letter to the artificial intelligence company expressing accounting concerns.

c3ai ceo tom seeple swatted back calling it, quote, stock price manipulation. the company has benefited dramatically from wall street's obsession with artificial intelligence. it has more than doubled this year alone. shares of amc entertainment and preferred equity units are moving in opposite corrections after a delaware court judge conditioned a plan to allow a series of transactions which would have led to a capital raise. amc is seeking to the implement a 10 for 1 reverse stock split. the court said amc was moving a too quickly to implement the plan. but amc shares are up 19%. levis strauss getting taken to the cleaners at this hour, down 16% and on pace for their biggest percentage decrease since march of 2020. the apparel maker warning high costs would lead to a decline in

2023 margins. levi also saying lower enconsumers are either pulling back on new denim purchases or not buying the higher end brands in the company's portfolio. levis is not the only company raising concerns about the retail industry. shares of costco are on the move also in the same direction but not as dramatically, still down about 2.5% after the wholesale retailer reported comparable sales in march cropping 1% year-over-year -- dropping. company is blaming a decline in sales in departments such as home furnishings, toys ask jewelry. yeah, but, you know, what about the consumer? blame sort of the more challenging situation that we're seeing right now which brings us to a wary warning from walmart. the nation's largest retailer and employer says inflation will continue to pressure the business at least through the end of this year. now, just two days ago walmart announced it is laying off more than 2,000 employees at 5 u.s. warehouses, and analysts are

worried this could be the first round of many job cuts. so let's take it right now live to madison alworth at a store location in garfield, new jersey, a walmart to learn, i guess, madison, more about the state of the economy through the prism of america's biggest store. >> reporter: yeah, liz, that's absolutely right. you know, when walmart speaks, other businesses listen, we listen because walmart, as you mentioned,dest retailer and largest employer in america. so they really are that recession gauge. and, unfortunately, they're saying that inflation is here to stay. here to stay. the cfo saying, quote: we're assuming that this year is going to be somewhat anomalous. the company is still feeling the effects of higher prices. that's something that customers that we spoke to here at this walmart also had to say. >> changed what i buy. a lot less beef, i can tell you that right now. yeah, everything's gone up. >> budget is on a budget. [laughter] >> meat, eggs, milk, everything

have increased a lot are. >> i've adjusted how i i purchase. now i kind of purchase when i need as opposed to purchasing in, you know, and keeping it. >> reporter: so walmart is already planning thousands of layoffs just joining that growing list of blue chip companies making cuts. with the case of walmart though, those job cuts come alongside a goal to have the majority of their stores serviced by automation by 20 the 26. they're aiming for 65% of their stores. they say that will improve unit prices, bringing them down by 20%. automation and a.i. are looming large over the job market, specifically at wal-mart again being that largest retailer and that largest employer. walmart noted that food, grocery had consistently been their best sector which is really good for customers, we heard this from them here at this location. it gives them better deals, but for walmart not as strong

because the margins are much smaller, and it also means consumers are skipping over electronics and other sections in favor of just buying necessities. liz? liz: yeah, that's what we're hearing. madison, thank you very much. madison madisonalal worth. all right, from bigs box retailers to big boats, many industries are taking on water due to rising costs, and the cruising industry is no exception. coming up next, we're taking you to the high seas with carnival's new cap indiana the, and ceo josh weinstein joins me live with his long-term vision for the cruising industry. we've got the closing bell ringing in 26 minutes. stay tuned, we are coming right back. ♪ ♪

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to travel and willing to pay the price for quality excursions that give you a great experience. march cruise bookings remained solid with some agents telling morgan stanley that bookings i saw double-digit compared to even before the pandemic. you'd have to go back to 2019. cruise liners themselves are also seeing consumers finding their sea legs. carnival cruises had its highest quarterly booking volume for pooch sailings ever. -- future sailings ever. forget pre-pandemic. yeah, but that was last week. what are bookings looking like right now, as in the last couple of minutes, okay? in a fox business exclusive, carnival's president and ceo josh weinstein joins us live to tell us. i mow you guys are obsessive about looking at those numbers. since the report march 7th, how have bookings been trend thing -- march 27th? [laughter] >> this is up to the minute reporting. nice to be here, thank you very much. i'd say that the trends continue.

you know, you gave me a great lead-in. record bookings for our first quarter which is traditionally the busiest quarter for bookings that we have as an industry, and it has not slowed down, did not slow down in march, and the momentum continues because there's pent-up command, and we have a portfolio of world class brands and consumers that are eager to travel. liz: josh, can i then, i guess, triangulate that to mean or extrapolate that to mean that you will beat the previous quarter? [laughter] >> you know, we gave our guidance a week ago, i'm going to stick to our guidance, and we'll certainly give an update when we get to our next quarter. liz: okay, sounds good. you attributed the rise in bookings, you know, in part to not just this massive desire by people to start traveling again, because that's kind of been a one-year-old story, but also to actual agents. are people not booking themselves anymore through some of these sites?

is it more of a travel agent who's leading them along on different steps of doing this now? and what does that mean for a company's stock like yours in. >> well, you know, the travel agents always have been and i think they always will be a critical piece of our business in generating demand, in getting first-timers in the door. what we experienced through the restart phase of the industry, certainly us as a corporation, is that direct bookings, they held up. they held up fine. and what we needed to do was help the travel agent community get back on hair feet and get up and running at full strength. and i'm really pleased to say that in this last quarter they knocked the cover off the ball versus where they had been. the momentum is fantastic. and, actually, several of our brands had higher bookings with the trade in the first quarter of '22 than they did back in 2019 which is a great thing, great thing for the industry. liz: well, people are going old school again, using travel agents. i'm hearing more about that now,

so i think that -- i wanted to ask you about that because i found that particularly interesting as did my team. i've got to ask you how, though, you do this delicate dance when it comes to costs, because you did say that you plan price increases this month on things like wi-fi and and gratuities. you know, you have to offset what you're seeing when it comes to wages that are rising and, of course, food, etc. but are you getting any kind of pushback or side eye from some potential customers and travelers? >> you know, i'm happy to say that we've been able to take our revenue per diems significantly higher in the first quarter than we were back in 2019. and it doesn't seem like that momentum is trailing a off. so things are in good shape. as a good litmussest the, it's not just the ticket pricing that we're pushing, it's the onboard spending. the consumers are looking to spend for experiences, and

that's exactly what a cruise is. it's everything from restaurants to bars to spa, to the shore excursions, casinos and so much more. and just like we're experiencing on land, people willing to the pay for great experience. liz: you know, a few weeks ago -- the look, any great ceo who takes over a company that's just been through what the cruising industry has done is looking always for new form of revenue. and just a couple of weeks ago we had the cruise line on life at sea. they're smaller, their headquarters are in turkey, i don't know if you know of them, but they're offering 3-year-long cruises that have become extraordinarily popular. the cost is very is low. and the retirement community is jumping on this because the cost of elder care is so expensive. you know, what new areas of revenue are you hunting out, and would you consider, have you had meetings along the track of, jeez, we should to colonger cruises? because that is a potentially untapped group of people.

>> yeah. we'll look at all opportunityings. we have looked at those types of things in the past, and i'm sure we can look at them again. we do have a really wide range of cruise experiences, everything from 3-nighters to world cruises hack go well over 100 days, and that's across 9 different brands. so something for everyone. that's in our portfolio. liz: so, josh, we need you to come back when you have new offerings, because our investor audience also takes a lot of carnival cruises. we've done all kinds of studies on this kind of thing, so, please, please come back. you're the new ceo, and i know you're going to make some big moves. >> looking forward to coming back. thanks for having me. liz: josh weinstein, always a pleasure. thank you. one of the biggest investors in artificial intelligence could end up being one of the biggest losers in the a.i. revolution. charlie's breaking that story next. the dow has crossed the unchanged line now 72 times this session alone. right now it's down 32 points.

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♪. liz: alert, alert. even though the stock market will be closed tomorrow for good friday, a bunch of global markets, the u.s. bond market

will be trading, bond market half day. we'll be live because of the big jobs report number coming out tomorrow for the month of march. we could see gyrations. we have mizuho. with our 130 billion-dollar man and state of summer travel with frontier airlines ceo barry bip fel. please make sure to tune in tomorrow. i will be here with the whole darn team, including you, mr. gasparino. >> i will try to advance the washington commanders we did, got a ton of pickup, citing "claman countdown." i will try to do that tomorrow, good story for good friday. making ravioli in between. we have a interesting story here i would say is breaking in this sense. it is what wall street is obsessed with right now, not

just the jobs report, not just what the fed is going to do, hold, raise rates 25 basis points in the may meeting, apparently chat gpt, did i get that right? liz: you did. >> and a.i. is an obsession on wall street right now. what do i mean by obsession? every major firm, including several i spoke to today have been holding meetings with tech gurus about what this means and not just what it means for you, the average person, because it means a lot, also what it means for picking winners and losers in companies and they're already starting to draw up winners and losers list and it is pretty interesting. they're hooking three essential baskets i guess you could say right now. looking at firms that create the infrastructure for chatgpt and a.i. , yes, nvidia, amd. that will be the infrastructure firms. >> they make those chips. >> that will be the major infrastructure of this new

technology. they look at firms, they are looking at companies that provide cloud services and other, sort of services that, applications so to speak that, that chatgpt and a.i. will feast over and we're talking here, amazon, microsoft, on the cloud services and on the applications, adobe and docusign. liz: whose ceo was just on, docusign's ceo. >> of course. liz: who said they are using it to help people generate all kinds of contracts. >> that will pick up their business massively. here is the one potential loser who could be a potential winner and i think that is google and here's why. chatgpt, the whole a.i. experience could disintermediate search obviously f you're sitting there talking to that thing, whatever it is, that computer voice, saying give me, i want five days worth of restaurants in toledo, ohio, and get me the best golf courses, best hotels. it does that, you don't need to

go to the google so to speak. google has cloud services. they're trying to get involved in this as well. liz: they claim they are making chips better than nvidia. >> that is what they're claiming. if you're playing this, watch google's stoke, it could go up or down, go south on this, but clearly its search engine is, anything jeopardy no doubt here. liz: we had the founder of waze sitting in that chair, he said google could be in trouble. >> have you used chatgpt? liz: we use i had on the show to find out about you and give you a review. >> i was saying i used it the other day, how cool is charlie gasparino. it is very cool. it said it's, didn't say he. liz: we checked my resume'. >> are you worried about this thing that we will all be like computers? liz: well, evolution, you can't

stand in the way. >> if i'm replaced by a.i. i could ignore the wrap. i could program myself to ignore the person said wrap. i would keep talking. he would have to drag me off the stage. liz: i'm still here. thank you very much, charlie gasparino, here live with me and "claman countdown" team. we have four 1/2 minces before the closing bell rings. markets on track to close the holiday shortened week in the green here. how about that? dow does he will up 1 quarter percent. s&p up one and a quarter%. s&p up half a percent. since opec cut oil out put, marathon up 7 1/2%, conocophillips up 6.8%, exxonmobil up 5%. out of all the names though in the oil patch our "countdown" closer is picking one as his

favorite. let's bring him in, barrow handley portfolio manager. he currently manages about 43 billion in assets. mark, reveal the name. i need to know exactly why. because there are a lot of names in here that have the potential to do well. >> sure, first, good afternoon. thanks for having me. >> sure. >> when you think about a commodity business like an oil business, what you want to find is the low cost producer so that fluctuations in the absolute level of price can still mean high earnings, cash flows, et cetera for the business. it buffetts you that way. you also want to think about a company that can grow as we move forward. move forward could have good prospects. hanson in particular qualifies for both of those, lastly a offshore business, leader in offshore in terms of low cost combined with potential prospects, being offshore at the moment also removes it from any

political overhang we currently have in the u.s. in thinking about drilling and potential prospect. we like hess a lot. if i could mention, liz in terms of the bounceback in these names, there is no question that the opec cut was a surprise. it is positive for supply and demand. think the price of the commodity is going to have some strength, really throughout the rest of the year but keep in mind energy is an excellent place to be adding at the moment because like we saw the financial selloff kind of mid-march around the banking concerns which then led to economic concerns energy also got hit very hard. so again selectively even though they're all moving now, selectively, you want to find the best names you can. it is a good time to be adding to these names. liz: we're expecting the march jobs report tomorrow to see a build of, you know, a lot more than 250,000 jobs. i know, that you know, people

are gets nervous about spending that said you are still liking the consumer discretionary space which to me a little weird, dangerous, i need you to make the case for that. you can look short. it has done well, want etf, three times bullish a lot of these names when it discretionary, don't have to buy but want to buy names. done really well up 32% year-to-date but what is going to keep this sector on fire? >> so, liz i agree with you. and i would say that really we want to be very selective. at barrow we pick stocks bottoms-up one at a time. within consumer discretionary this is a broad opportunity from a investor perspective, what we believe will happen has happened reopen the economy last couple years, travel, leisure, carnival ceo on recently, there is significant demand for this. if you move to other places in the world, in this particular case, china and macau they're

significantly behind where we've been in the u.s. we see no reason to think it won't be similar in terms of what we're seeing as a significant recovery. so las vegas sands is a way to play that they are really are a dominant, casino name, both in singapore and in macau. as macau is reopening we'll see significant wave of demand there. that is we think is excellent way to play it t does address the concerns you have, what happens in the u.s.? what if there is a slowdown? what if the fed misses makes a mistake. we believe in all that, moving to macau put us in position we don't have to worry about that. [closing bell rings] liz: mark, thank you very much. while he was talking we added a whole bunch to the unchanged line. 6 crossing for the dow. ♪. larry: hello, folks, welcome t