>> nvidia is executing and moving so fast and valuations are high. make sure that you're keeping your portfolio well diversified

and disciplined for matt and not joust chasing stories. >> going higher and absolutely going higher. need to be in it? absolutely. i love the ride yesterday. i did absolutely nothing but i'll buy it on the pull back. >> perception of a debt crisis on the horizon because the debt limit won't be raised and going off to camp david, that does not play well with the american people. >> i don't see the republicans having have viable candidate and don't speak about compromise on abortion or the country's fiscal problems. are theisticking so us in -- they speaking to us in ways that are credible and americans are worried about these things. ♪ stuart: good morning, everyone. move your feet. sound like a dance song. lauren: i know this song and

never heard of junior senior. people will tweet me about it. how ignorant i am in the music world i've learned. stuart: 11:00 eastern time on friday, may 26th. go to the markets and you'll like this, it's call adderallly. dow is up 356, nasdaq up 229. i believe the rally is in part because amazon, alphabet, meta, microsoft audiotape up. the 10-year treasury yield up too at 3.83%. that's the markets on a rallying day, friday morning. now this. this is how you really ruin a city. you elect a progressive mayor. i'm talking about chicago and its new democrat mayor brandon johnson. chicago democrats have already published their agenda and it's

titled: first we get the money. koenen, that tells you a lot. here's what they want, $6.8 billion more from chicago's rich and its companies. a head tax, $33 per employee of all businesses and real estate transfer tax on any sale over $1 million. raise the jet fuel tax for heaven's sake on the grounds that plane pollute. good lord f. there's a vacant luxury apartment, pay a fee. that's to encourage landlords to charge more affordable rents, good luck. they want to have a wealth tax on the rich. an extra 3.5% tax on incomes over $100,000. last one, and this tells the real story. cut the police budget by 9% in each of the next four years. they're not going to get all this, i got it. but the fact that they're asking for it shows how they have no idea what they are really doing to a once great city. there's already an exodus of fed

up people. you should see the chicago license plates in florida. there's already a crime crisis and the kids can't read. extra taxes, further cuts for law enforcement, and contempt for business. myo, what a great touch. "the wall street journal" says it's a chicago self-destruction plan. third hour of varney starts right now. stuart: chicago pastor cory brooks is with us now. pastor, migrant children going into chicago's public schools and my heart goes out to all the migrants and the migrant children but are our kids going to suffer? >> well, there's no doubt about it. you know, i understand the concerns of many parent when it comes to talking about proper documentation for migrant families and children.

it's essential in recognizing the rule of law. it's going to provide fair consistency, it's going to mean that the application of the policy of following the law for everybody is the same. and as a result when these children can go to our schools without any documentation, it's going to be very difficult. it's important to acknowledge the existing challenges that we already have, quality education 4% in the neighborhood and 4% reading it and 6% math proefficiency. we have a teacher to student ratio problem. this is only going to put more strain on our educational system. stuart: pastor, mayor johnson announced a plan to keep chicago safe on the historically violent memorial day weekend and includes increased police presence and 30 peace keepers hawaii are peace keepers really going to do and who are they? >> well, we have peace keepers on our violence prevention team, project hood. these are individuals who

sometime were in former gangs themselves and now feel it necessary to give back to the community and try to fix the wrongs that they've done. more police being active in the community during this weekend, which is historically been a high violent murder weekend. it's going to be essential to making sure that we drive down those murders and shootings. these peace workers are people in the community and totally engaged in making sure we don't have the problems we have historically and the plan to engage police officers historically and get more people hands on is a good plan for chicago and the people that love the city and want it to dbrox the best it can -- be the best it can be. stuart: i understand all that but what about the tax increases on the rich and businesses and cutting the police budget 9% in each of the next four years surely chicago people don't think that'll turn the city around, do they? >> yeah, you know, i'm -- being

a conservative, i'm guessing all the tax rates and i think that i think there's a better way to do it and we have to look at ways to get rid of government spending and some of the things that the government waste. those are areas we need to focus on. increasing taxes on an already strained community and a strained city is only going to increase the people who are moving out of illinois. as you said earlier, there are people loading up u hauls moving out of chicago, moving out of illinois, headed to florida, texas and only way we're going to turn that around is that we got to have a better business infrastructure and hoping we can figure out a way to not increase the taxes. stuart: i want to be positive and ask one last question, in your lifetime or my lifetime, do you think we'll ever see a republican voted into the mayoral job in chicago? >> it's going to be tough. it's a very liberal city. stuart: that's a no. >> keep praying and believing. stuart: i do, sir, i really do.

god bless you cory brooks and i'm sure he has already. see you soon. >> thank you, sir. stuart: lauren is watching the mover and she's watching delta and do i see jetblue, american, they're all up? lauren: i thought they'd be up more because yesterday the tsa screened 2.658 million passengers at the airport, the most since covid and the airlines are gearing up for the super bowl of the travel season that starts officially -- well yesterday for memorial day weekend. stuart: that statistic again. lauren: 2.658 million yesterday. stuart: yesterday? that's a record? lauren: since the pandemic so higher than 2020, 2021, 2022. stuart: that's an important statistic. didn't realize it was that much. lauren: try to get the 2019 number during the break. stuart: workday, human resources software company. lauren: that was here at fox we use it, surging almost 11% and bread and butter. they're recurring subscription revenue up 20%. jeffries says they're going to

250. that's among the highest price targets on the street. susan: workday, you use it, don't you? lauren: we use it -- all of us use it. maybe you don't but you should be. somebody uses it for you. trying to find it on my computer? stuart: i lost the password i think. db of interaural need one? lauren: you're so out of luck. because it's getting very complicated. stuart: i'm out of touch. lauren: have to get something you touch to log on now. stuart: the producers just agreed with that. you're really out of touch. thanks very much, lauren. moving on. lauren: you have to get a chip to touch to get on. scary. stuart: get me out of this. boeing. lauren: up almost 2% and cfo said second half production stock back to normal and glitch with the 737 jet that's been fixed. stuart: okay. we should check the markets overall because this is very interesting situation you've got here. the dow is up 300, the nasdaq umm 200. the s&p up 44 points. all of them up 1% or better. just about. we've got a three day holiday weekend coming.

you don't often see a really big rally right before a three-day weekend because you don't know what's going to happen over the weekend. you don't want to be caught with a stockholder that might little you down come tuesday morning. jonathan honing is with us this -- jon friday morning. why don't they stay out of politic s? >> they're starting to get the message, stuart. getting it from the consumers but the investors as well. there's no monopoly in a feet market and both consumers and invest -- free market and both consumers and investors voting with dollars and parent company of budweiser lost $15 billion in market cap in the last couple weeks and target down $10 billion market cap. just yesterday, stuart, vf corporation, they're the parent company of a bunch of fashion brands including north face, its stock is at a new 52-week low and launched a new controversial campaign. performer in drag in the wilderness talking about being a homosexual with a mustache and

pretty controversial and reminds me of what warren buffet said it takes 20 years to build a reputation and five minutes to ruin it. stuart: one more, pugh research show youngsters are taking longer to reach key milestones. only a quarter of 21 year-olds are financially independent from their parents. why do you think that is, jonathan? >> it's a real sea change. when i was a young person, you couldn't wait to get out of the house, have your own job and car, be financially independent. you said, pugh came out with some of these numbers and back in the 1980s, early 1980s, 64% of 21 year-olds had a full-time job and today it's less than 40% and over and over again, stuart. my estimation is that college has a lot to do with it. before 1980 the college system is more private.

back in in the early 80s and about 30% of young people and today they've got hundreds of thousands of dollars worth of debt. the net net stuart is younger people are less independent and less able to financially take care of themselves as they were just a few generations ago. stuart: these youngsters. i tell you. jonathan hoenig, great stuff. thank you very much, sir. have a great weekend too. thanks a lot. >> be well. stuart: elon musk one step closer to implanting computer chips in human brains and how soon the testing could begin after fda approval. one of the biggest banks could use ai to give you investment advice and in the works of jp morgan and we're on it. two-thirds of california voters say senator diane feinstein is no longer fit for office. our resident california guy steve hilton takes that on next.

♪

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stuart: can't get enough of this, the market is rallying nicely. dow is up 300, nasdaq up 200, s&p up 42 points. not bad. jp morgan getting into, of course, ai. how is jp morgan going to use artificial intelligence? lauren: to give investment advice directly to the client. they filed a trademark for invest gpt to apply ai touchdown catch to specific securities that they'd be selling or advising on. and like i said, it would be

released directly to customers which in my opinion make it is different from what some of the other banks are working on. the time frame is 1-3 years and that's pretty fast. the financial industry is revolutionized even more in the next couple years. stuart: very much so. lauren: this doesn't mean they're doing it but thinking about it. stuart: jp gordon chang anne moa jump on everyone else -- jp morgan trying to get a jump on everyone else. two-thirds of californians think diane feinstein is no longer fit to serve in the senate. there's three candidates likely to take feinstein's seat: adam schiff, porter and barbara lee. is it possible that adam schiff could win? please say no. >> the good news is that in that exact same poll with all the candidates you mentioned, guess who's ahead of all of them,

who's top of the list and the leading candidate now in the poll to inwith the steel. eric early, the republican candidate. stuart: no. >> eric early tops the poll and ahead of all those democrats. stuart: got to be kidding me. in california! >> well, it's a three way split on the democratic side. you have one mainstream republican who's declared and so that's how the math is broken up. in california there's a top two system that means whenever party the top two go through in the general election and continues to be the case that the republican vote consolidating behind ericerly and the democrat vote stitt and eric early in the final and i think it's most likely that adam schiff is going to be the democrat opponent and he's part of the california political machine. pelosi is backing him and pelosi controls that democratic party machine in california and he'll

get all the money and donors and the rest even though katie port service connected a progressive favorite. that is the at the moment looking like the likely matchup. adam schiff versus the republican eric early. stuart: so trump hatred is still so strong in california that they could actually put adam schiff in the united states senate? >> well this, is the amazing thing. this is why i think actually there's a real opportunity in this race because the fact this atestimony shift is partisan and a pathological liar and a whole title wave of eric early, the republican from all over the country and republicans say, no. anyone be schiff, we cannot have adam schiff in the united states senate. stuart: this is really turning out to be a positive interview. i'm happy to have you on the show.

stuart: hillary clinton is supporting how do you say it? to replace gavin newsom in 2026. does hillary clinton have any influence in california? >> barely. it's nancy pelosi and the democrat machine. there's a very powerful democratic political operative at the heart of most of the races for a long time called ace smith. they ran the campaigns for gavin newsom and kamala harris. this is the current lieutenant governor and they're looking to replicate what happened with gavin newsom. he was the lieutenant governor and ran for governor and won and now is in his second term. frankly i think you'll see much stronger candidates on the democratic side and leading among them is rob bonter and the current attorney general with a lot of union backing and much more muscular politician and he's going to absolutely be much more likely to get the

nomination on the democratic side or at least be the top vote getter on the democratic side than the opposer. this election not till 2026 and in an attempt to get endorsements and keep other democrats out of the race. that's not happening. stuart: steve hilton is telling me on a friday morning that maybe within my lifetime, a republican could be elected to statewide office in the state of california. you're telling me that's a possibility? >> i am. absolutely. eric early, he's the guy. he'd leading the polls and the polls from berkeley and we got to believe it. stuart: oh, good lord. i've got to watch your show on sunday night. it's called the next revolution. that would be a revolution. a republican elected to a state office in california is a revolution indeed. 9:00 p.m. eastern. fox news only. thanks very much, steve. see you soon. by the way, california could soon de-criminalize the possession of some psychedelics. magic mushrooms? lauren: th that's what we're

talking about. stuart: shrooms to the insiders. lauren: if you're 21 and older, you can own and prepare these substance. they're not allowed on college campuses but school of thoughts it touts therapeutic potential to treat eating disorders, ptsd with psychedelics and people are doing it now. it's a whole wave going on. california is buying into that and senate bill 58 just passed the stater senate and heads to the assembly. stuart: got it. no more comment on that one. lauren: yep. stuart: cathy woods ark investments dump entire stake in nvidia earlier this year before the big rally. i wonder if any of them have sellers remorse. we have a report. if you want to be successful, do not work from home. that's the message from an nyu professor. watch this. this. we missed it. we were going to have it and soit's a very good sound byte ad get to it later.

i promise. tomi lahren is out of the house and walking across stewed joe and will join us -- studio and will discuss get out of the house. thanks, tomi. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪

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♪ stuart: i don't know about the music. that's the home of the global headquarters on the screen. that's where they are. got it. move on elon chip brain chip company elon musk's brine chip company called mura link got fda approval for human trials and they want to sew special chips into people's brain and connect to an app and they use brain power to control the app. got this. neuroragaini link hopes the -- nera link hope it helps people regain control of their bodies. interface. the brain, the computer. bring them together and you've

got business. look at the markets, please. the rally holds. not as strong but i like it. dow up 260. look at nasdaq. 214 points high. 1.6%. let's have a look at nvidia. susan li is back. what's the latest. innovative tech companies and moneymakers in the future and mess out on half a trillion rally and nvidia stock and not a good luck. the rally is $180 billion in one session yesterday but cathy was on kudlow last night explaining nvidia trade. >> we think by the year 2030,

hardware spending about $1.7 trillion and nvidia sales base this year is estimated to be only $40 billion and that's a huge market opportunity and yet because of the appreciate from nvidia and c chatgpt, it took of after that and we think it'll it'll deliver a rate of return at 1.6% and double over the next five years. susan: the problem is cathie thought it got too pricey at 50 times earnings and tesla trades at 53 and trades 200-300 plus. her pick in ai and artificial intelligence is ui path, that does automation software and that stock up 14% only this year, stu. nvidia up 11,000%. nvidia up 11,000% in the past decade. think about how much you'd have made. founder has made his money anded ad $7 billion to his net worth with yesterday's 25% rally.

that's 37th richest man on the planet now worth $34 billion. stuart: i want to know more about elon musk and tesla teslaa link. susan: not a bad year with the tesla rally and announced tesla and ford partnership. they're both rivals and they'll allow ford to charge at 12,000 of their tesla super charging stations andout to use those super charger and it's much faster. neura link and his brain chip implant company and fda approval starting human trials not recruiting yet, stu. it's an important first step here as you mentioned and neura link wants to help those paralyzed with als but they also, get this, want to enhance human ability in the future so average folk ifs it works, if it gets that download, you know, it could actually enhance average folks. stuart: it's the brain

commanding the computer, not the other way around? susan: that's correct. the brain commands the device over bluetooth and handles the keyboards and other device. stuart: lydia hu has the story and could there be a shortage of other beers? reporter: hey, stuart. there could be and that's what the experts are saying and we're in uncharted waters here but we have data that shows that sales and volumes of butt wiser and butt liwiser andbud light is fah this. >> bud light down for any given week, coors light and miller lite are up. generally beer drinkers tend to be pretty loyal so when that loyalty shifts and that goes back to me thinking it's going to be harder and hard tore get these lapsed cons consumers baco

the family. reporter: dave williams there you heard from, he described the situation as a seesaw between budweiser and competitors and bud light sales slumping more than 24% for the most recent week and anheuser competitor seeing a boost and miller lite, coors light and yingling up by the double digits and the share price not doing much better and anheuser bush losing $16 billion in market cap since that controversial partnership. they remain in the red and other major domestic beer producers are gaining. sales of bud light have fallen for six consecutive weeks. every region of the country seeing double digit declines except for las vegas. the fallout, stuart, it's cutting across both red states and blue states. now anheuser has the very difficult task of trying to regain the customers it's lost. this weekend it's offering a rebate of up to $15 on purchases of bud light and other products

depending on what's purchased, it could effectively sell the product for free. that that is not just a help or incentive to customer but the distributer left sitting on a pile of bud light products they're having a tough time moving, stuart. stuart: who would have thought we'd get to this. lydia hu, that's a good story. thanks, lydia. >> you got it. stuart: nyu professor scott galloway has advice for young people that want to work from home. roll it. >> you should never be at home. home is for 7 hours of sleep and that's it. the amount of time you spend at home is inversely correlated to success professionally and romantically. you need to be out of the house. stuart: professionally and romantically. i agree entirely with the man. what say you? >> i do as well. there's a new trend post-covid and people got very comfortable being in their pajamas and underwear working on computer sitting on a screen and not

interacting with coworkers or anybody except for what they're typing on their keyboard and that's detrimental for their professional and social lives and there's people in the world and people communicate by a text or dm but that's not the way to get young people on n the world and people less fragile and it's a novel thought and we should make 1992 great again. stuart: it seems to me that it's gush what you need to do is develop your brain. you need to develop social skills and you do that one-on-one or in a group if you have to be. talking face-to-face. you don't get it off a computer. >> also to collaborate right, it's not just in work spaces to collaborate and be the most productive that you can be but this also goes beyond that and

now all exist in a little mini echo chamber and read what we want online and talk to who we want online and see what we want online, on social media and when we get out into the real world, woe don't like to be around other people who have different feeling ands beliefs. so by staying home and working from home and just living all of your life at home, you are really effectively just robbing yourself of the opportunity to be around other ideas, other people, and learn how to cope with that, especially young people. stuart: think it's the trend of the future? scott galloway p it is to be. get back to the office and campus and work, develop professionally. will we see more of that or what? >> i think when the economy continues to turn and not a worker shortage but people looking for jobs, i think that they're going to be incentivized to give back to the -- get back to the office because they need to work and we have worker shortages, people and workers able to really set their own parameters and rules and unfortunately that might be coming to an end in the employer might have a little bit more

pull in the coming months because opportunistic, you know, joe bide and his economy. stuart: you got it. tomi lahren always a pleasure. thank you. conservative etf, that's a junk stock has labeled target stock, refuse to buy. this is because of the pride merchandise. lauren: yes, american conservative values, etf, thinks selling that merchandise will lead to fewer sales overall for target and that's why they dumped target from holdings and dumped over 30 different companies for similar reasons, including disney, which is up this year, including meta, that's more than doubled this year. their investment thesis is to steer companies from "most at risk to the woke liberal agenda". they don't want to be part of them. they have $40 million under management and this etf is up 6% this year. the s&p 500 up 8% this year. stuart: that's acvf. lauren: acvt. stuart: conservative etf. thank you, lauren. florida governor desantis raise

$8.2 million in the first 24 hours of his campaign. that blows the previous record right out of the water. we have numbers for you. donald trump defending his relationship with liv golf. the league has been great pub luisaly for saudi arabia and some -- publicity for saudi arabia and some 9/11 family haves a problem with that. we have a live report from the golf club, that's next. ♪ the chase ink business premier card i

# stuart: florida's governor

desantis took in big bucks just in the first 24 hours of his candidacy. i guess the glitches didn't matter. lauren: they did not. i thought that was surprising because desantis was eviscerated by his opponents and much of the media for the twitter snafu and

brought in $8.2 million since the campaign kickoff and came from online donors, grass roots supports and the rich people gathering wednesday night at four seasons and call it had the run-a-ram a and that was their fundraising name. stuart: let's get serious, the liv golf tournament in virginia is underway. phil cox, he's a senior advise tore the dis-an sis super pack. adviser to the su desantis supr pack. lauren: there's reports that desantis' team is up set about this but here's the deal, phil cox is unpaid, senior adviser to the desantis super pack and no conflict of interest and, yes, phil cox and donald trump teed off hours apart so they didn't

collide. there's no drama. cox is also partner of the consultant g3 that works on a liv golf account. it's all coming together. florida politics if you will. stuart: in virginia. lauren: in virginia, that's right, i forgot. stuart: on the golf course. by the way, the 9/11 families are calling on former president trump to end his relationship with the saudi-backed liv golf league. mark meredith at trump national golf club. mark, haustrum responded to the 9/11 families? reporter: stu, he has. he spoke to cameras yesterday and we'll have his reigns leading action in just a moment. good morning to you. we talk about these kind of golf turnments and so much focus -- tournaments and so much of the focus is on the greens player and the controversy with who's hosting and the tournaments of liv golf and the ties to saudi arabia and luring so many of america's top golfers to join their tournament. liv golf debuted almost a year

ago and made a huge splash by the amount of money it was offering players, even lower ranked players making quite a bit of money, more than golfers were used to seeing. this week much of the focus has been on 33-year-old brooks koepka winning first major championship and first player to win a major championship while also playing in the liv golf league. this year's tournament attracting controversy as 9/11 families united sent a letter to trump ahead of the tournament and furious of his decision to host the tournament in virginia and ties close to saudi arabia and 15 of the 19 9 19 families e 9/11 families and i was so disappointed that former president trump is partaking in

out of that. disgrace. reporter: trump spoke to reporters saying it was a issue and making more money than they've had and not just the saudis fantastic for golf and they're going to do great courses and trump very much not backing down and even though we've seen protesters and no protesters out here and it's the suburb in the virginia report and kicking off this afternoon goes through the weekend. the sense of the market. my sense is that there's a lot of buying because at least two-thirds of the dow 30 are in the green. that's a good sign. the dow is up 2028 a points. folks, do not -- 285 points.

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♪ stuart: into the unknown idina menzel. going camming thrombocytopenia this weekend going for the withdraw and glamping. lauren: camming not in a tent and outdoor. >> have you been camping? stuart: the only guy on this team that has done a lot of c camping. lauren: how did camping go with your children? stuart: that was great. it was great.

we haven't got time for this. time for the friday feedback section. exfirst comes from bob and cynthia. enjoying the evening with a glass of wine. we take a drink when you mention ai, second elon, third b bitcoi, four should i sell my sliver of microsoft. we're up to three bottles a night. don't let me get you to drinking too much. glad you're enjoying the show. good stuff. mark writes, anyone you've interview that had gave off a little electricity or vibe that impressed you? yeah, i'd say jake paul, the boxer, the youtuber guy. he was on the show and he got that spark, which i kind of like. how about you, susan? susan: tim cook, apple. biggest company in the world. ceo of the $3 trillion company. stuart: that's a big spark. susan. lauren: lauren. stuart: lauren, sorry. right. lauren: i've said that before, bill clinton and not focusing on

glamping and asked him a few questions and bill clinton looked at me in such a piercing way i'd never forget. stuart: sally writes, desantis and trump and ask all the questions your listeners want and do a better job in all the media and name your own panel and i don't think so. lauren: why not? stuart: not much of a moderator or panel discussion kind of guy. not that kind ofday guy. susan: do it on twitter spaces. stuart: i would argue with him. pick a fight. susan: you're not objective enough. is that so? stuart: totally so. that's much. this from june. what is your favorite thing to do on your farm? that's easy, trail maintenance. he does that on his ranch in california.

trail maintenance and satisfied and doing physical work in the woods and coming down. lauren: ride the tractor. that's .y stuart: you don't ride a tractor into the woods. sarah writes, i'd love for trump to run for president and they make a great team and going for the president next time. what do you think of that, lauren? lauren: sounds wonderful but never working in practice can't work together. stuart: don't think desantis wants to be. susan: susan enjoy frankly and

hindsight and like it or not. can't say how much. about 5%. i saw this and this is from susan not from you. but a viewer named susan. i don't think it's from you. stuart, why do you say that you're never supposed to say only time will tell. because it's a cliche. susan: why? stuart: end a report that time will tell. you don't do that. it's ifb and the producers putting it back in. okay, larry writes this, i think you have the best most animated production crew in the business. i enjoy their enthusiasm when you show the control room and it would be fun to see all of you and your colleagues enthusiasm during a break as well. well, they're all young. they've got lots of enthusiasm. they dance and fool around at the end of the show. lauren: we could do more in the breaks. we're going to break.

waving and shouting and dancing. >> you have been to almost every state in the union. stuart: one country in particular and haven't visited yet. japan. thatthank you for your friday feedback. time for trivia question and how many people visit arlington national cemetery each year. 1 million, 3 million, 5 million, 7 million. the answer after this. ♪

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stuart: here is the question. all right how many people visit arlington national cemetery each year. susan? >> 3 million. >> 3 million too. stuart: i'm going with 7 million the answer is? 3 million. >> oh, yeah. stuart: that's ifolks. time is up. "coast to coast" starts now. ♪ ♪ neil: oh, where have we gone since kelly clarkson "since