do you think it worked? those are the deficits since then. by the way, the consort slum of investors, the largest being ab i buy dab by, they've recoup their entire investment. by the way, it did not hurt that at the time of the deal the city council of chicago agreed to the raise meter rates 400% to $1 an hour. there's so many lessons and stories here, but it does speak to desperation and really what happens when ideology prevails over common sense. before i go and hand show over to lauren, i salute everyone out are there. let's ache a pause when we're enjoying this weekend and remember hose who fought for us, because freedom ain't free, right, lauren? lauren: charles, well well said. thank you. hi, everybody, i am lauren simonetti in for liz claman today. stocks are just surging as we enter this final hour of trading ahead of the long weekend, is and we are looking to end the week on high note. the dow right now up 334 points.

the s&p 500 is up by 55, that's 1.33%. and the nasdaq up 2.2 as the holiday -- 2.2 as the holiday weekend is here. investors remain optimistic that that a debt ceiling deal can be made with still the two two sides remaining at odds over the terms. but it feels like something might be about to the happen, and with that we send it out to edward lawrence are on the white house lawn with more details. edward, are we close? is it possible? is today the day? >> reporter: you know, lauren, it depends on who you ask as to how close we actually are. we're hearing the latest from the source familiar with the talks saying that there is progress in the talks, but also hearing from the house speaker's side that they're not in the zone yet for a deal. as both the president and lawmakers now go out of town, there doesn't seem to be a lot of panic. >> we are close to having a deal. wert not going to default. --

wert not going to default. we are going to keep the full faith and credit of the united states. it's going to be there, i can assure you. i'm very confident that the negotiators are going to get this done if joe biden will commit to the getting it done. look, the reason we're in this mess right now is because joe biden wasted so much time saying that he did not want to negotiate. >> reporter: registered voters turning on president biden in the latest polling by fox news, only 18% say the economy is excellent or good. 83% if it's only fair or poor. when it comes to the president himself, only 33% of people approve of his handling of the economy. about two-thirds of people disapprove. you see the reaction for other policies. now yesterday president biden trying to make his case that we should not actually cut spending, but use tax increases and eliminate tax breaks in certain sec e ors. >> look, we can reduce the deficit both in the short term and long 'em with a combination of spending cuts on programs that help big oil and bill farc

a ma, by closing tax loopholes and making the wealthy pay their fair share. >> reporter: so far as you can tell the market believes there will be a deal on raising the debt ceiling. however, moody's drawing a line in the sand, saying if the u.s. treasury department does not pay the maturities of treasuries on june 15th, they will downgrade the u.s. credit. back to you. lauren: edward lawrence, i'm going to steal that line, we're not in the zone yet, but we could be headed there. have a wonderful weekend. i know you'll be busy. a fox market alert, the s&p 500 is right now at session highs, at 4210 for a gain of almost 1.5%. the optimism in d.c. is helping wall street is and offsetting some hot inflation data that we got earlier this morning. the fed'ses preferred gauge of inflation, core pce, look here, it increased .4% haas month. that was more than expected, actually up 4.7% from a year ago. that's got traders boosting bets for a fed rate hike in june.

right now the chance of another, the 11th in a row, interest rate increase is at 60 percent. so the thinking is they're going to go another quarter point. take a look at the nasdaq. wow. st the up right now to the tune of 2. 6%, it's up five weeks in a row. it will be higher this week. it's fueled by a.i. nvidia jumped 24% yesterday, it's up again today. another record high. doubled its money if you invested at the start of the year, and the latest optimism is following that red hot earnings report that we got yesterday from the company. demand for their a.i. chips is booming. hen there's marvell technology jumping 20 the, 30 -- maybe that just about 32 after the chipmaker said it would double its annual revenue related to a.i. this year. and as the earnings season draws to the close, we do have retailers. we are talking about gap and ulta beauty, moving in opposite

directions but both in big ways following their report cards. let's ache you to the floor shor show, we have michael and the fitzgerald group principal keith fitz-gerald. michael, i start with you, and i want to congratulate you because you recommended on this show back in january nvidia. [laughter] you doubled your clients' money. now what? >> yeah, we're going to to hold on for a little bit longer. it's been -- thank you, appreciate that. it's been a great stock this year so far, and it's had its ups and downs historically, but the a.i. boom is real. yes, there's a lot of hype, yes, the stock chart looks scary, but the reality is longer term this business will grow for some time, and these guys are perfectly positioned. we're satisfied with it. we're not buying or to selling right now, we're holding tight. we've got large positions on the focus growth fund, so we're sitr

now. lauren: keith, to me, it feels like the rally ooh's a little more exciting right now. i don't know if you agree. i think the reason why is thatst the being led by tech, it's being led by, you know, the next cool thing for the internet, for humanity, instead of, let's say, being led by financial as it was a few months ago. thoughts? >> i agree. [laughter] and here's why, because tech and a.i. is something you can put with hope and dreams and aspirations. we went after nvidia in january as well. we went after tesla. we went after many of the big tech names percent very same reason, because that's how you're going to change the world. data like this is going to be the biggest recorded investment opportunity in this human history. it's not going to slow down. it may be up and down. we can debate hose all day long, but the genie's not going back in the bottle. lauren: then let me say congratulations to you too, keith. you also like ford and tesla, and now an unusual tie-up

between the two of them on, you know, ford evs can use next year the tesla supercharging stations. how big of a deal is that for you, keith? >> i think it's really cool, and i'll tell you why. this changes the calculus both for tesla which has been ahead of game the entire time, i think elon musk knew full well he was going to bring the rest of the industry along with it. the fact that ford has gone with it, now suddenly it's aligning with the reeder instead of trying to fight or play catch-up. gm, everybody else has got a fundamental decision to make, do hay want to be at the table or on the menu. lauren: mike, what i also find astonishing is that the nasdaq, particularly the nasdaq 100 so it x out the financials, it's rallied almost 30% this year. at the same time the, you seeing enthusiasm for tech as yields are moving up. can you explain that? >> yeah. i think what you're seeing is in a time where there's been a lot of hand-wringing about where the

economy is going, are we running into a recession, if so, when and if so, how deep, that consternation has bodedded well for the companies that can exceed expectations and the ones that can still surprise people with better growth. and that's been a relatively thin number of companies. so you haven't seen a a lot of breadth in the market despite interest rates because the places where there's actual fundamental strength, those companies are outperforming. and then if you are sort of plodding along or or still trying to get your arms around what your reset of expectations should have been, you haven't perhaps done as well. so the market breadth has been lower, tech has been the place, broadly speaking the mega-cap techs have done well, and it's been somewhat irrespective of interest rate changes. the rest of the market kind of reflects the interest rate environment more so than some of standout secular growth names. lauren: keith, why isn't the market worried about us hitting and passing the x candidate of

june 1st for -- date of june 1st for a deal on the debt ceiling? why is there really very little, if not any, nervousness on wall street today? >> i think that's an excellent question, and to my colleague's point, the narrowness is on potential, not where we've been. i think there is a lot of wore arely underneath the surface, but investors always acknowledge we're going to get through this. it's political buffoonery, but we will get through this, and that's the chart that you've got to play, that the sun's going to come up tomorrow, not that it's going to set. larls. lauren: what if we don't, michael? i know we've done this, what,. 78 times in the past, and even if we miss the deadline, the fact that they keep talking, we'll be fine, but really? you have the warnings from fitch. we're on credit watch negative. bad things can happen. we've within through this before, most recently 2011 when we lost our perfect aaa credit rating by standard & poor's and,

guess what? we never got it back. >> yeah. the financial crisis of 2008- 9 and then the reratings in 2011 told, i think, the rest of the world that we had gotten a little light with watching exactly where our ps and qs were, and we got religion. and that was a good ten years ago. we're going to continue to see these political grandstanding and last minute negotiations, but if i was a betting man, i'd say that we get a deal before the 3-day weekend starts. there's no reason to default, there's no reason to not pay our bills, this is strictly political behavior that we can look through. and you're right, it's scary and a lot of investors are rightfully concerned, but the reality of the situation is we've never ultimately defaulted on anything, we're not going to start today despite all the rhetoric. you've got to hold your breath and walk through it. lauren: well, i mean, i feel like it's a pure rallied today. it's really astronomical. final question, final topic, and that is inflation. so there's a 61 and change

percent chance that the fed hikes for the 11th time in a row when they meet next month, but there's the also talk the, keith, of then what? if a hawkish skip. maybe not a cut, but it'll be a final, it'll be the final hike and then they pause? what are you thoughts on this? >> boy, who knows. lauren lauren i know. >> to me, they -- lauren: i thought you would know. >> this is like betting on a horse race when you don't have any horses in the stable. all they need -- know to do is hike rates. i think after that, bring out the magic 8-ball. lauren: keith, your reaction to my question is golden on a friday before memorial weekend, you're like, lauren, i can't even believe you're going to ask me about the federal reserve and when they're going to pause, because we just don't know, and it feels like we're past the point of caring. mike k wrap it up. say what you like. >> keith wins. yeah, that's the best -- [laughter] you could come up with. lauren: sorry about the

question, keith. [laughter] >> i'll give it to him. lauren: all right. go nvidia, right? >> go nvidia. lauren: that's where the enthusiasm is. keith, michael, thank you very much. let's check in on how oil finished the session today. there you have it, up $1.7 0 to '85. is there going to be a production cut at the next opec+ meeting june the 4th? supply's also top of mind in the u.s. as producers are burdened by regulation and red ape. the u.s. remains the number one oil and gas producer in the world. our next guest says one state in particular is key for the u.s. to retain that top spot, and it is the not texas. stick with us. "claman countdown" coming right back. ♪ ♪

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lauren: oil closing higher by more than 1% at $72 a barrel, and opec+ tug-of-war seems on the happening. russia signaling there might not be any further production cuts, saudi arabia downplaying that idea. bring it back to right here in the u.s. big news, the first sale of oil and gas drilling rights on federal land since president joe biden's climate change law took place happened this week. the federal auction was just the second mt. state of new mexico -- in the state of new mexico. new mexico is the nation's second largest producer. joining us now from midland, texas, is the ceo, scott german, scott, welcome. i know you're in texas which is one part of the permian basin,

but you're actually drilling right now, or about to be drill thing, in the new mexico part. how active is that? >> well, lauren, it's good to see you, by the way. lauren: hi. >> it's extremely, it's extremely active. there's over 108 rigs currently running in new mexico, and as you mentioned, it's the second largest producing state behind texas. and also interesting that it has really increased. if you look at the last year, february of '22 to february of '23, production's actually had a 30% increase -- lauren: wow. >> -- which was the largest of any of the states. and so we continue to see new mexico gain production level against other areas. lauren: so, scott, are you telling me right now that things are getting better, that american oil and gas producers are actually producing more oil right now under this

administration in this regulatory climate? >> yes, we actually are in new mexico. now, as you know, lauren, we've discussed in the past that it does take a while to get wells drilled and federal leases purchasedpermits. so we're -- purchased and permits. we're running about a 2 to 3-year lag, so we're really seeing activity based on the previous administration and the sales that they conducted and the permits that were given. lauren: so when you krill for oil -- krill for oil, it's 2- 2 rule, right? you go about 2 miles down, then you frack, you go 2 miles out, that's how you produce the oil. but with technology, i believe you go more like 3-2 the. you're going deeper and out further because you can. the issue with that is that the further you go, the longer that line is, you hit more federal permits.

in the state of new mexico. and that's a problem for you. >> exactly. for example, the first quarter of 2023, this year, just recent data, shows that almost 75% of the or horizontal federal permits now, the horizontal permits are federal. so we're seeing more and more, and you nailed it, lauren, that as we drill putt, mile, now two miles, now almost three miles, we're seeing even one acre, five acres, ten acres, it becomes a federal permit. and so we're seeing this interfering more with the relationship between the federal government and oil and gas producers in new mexico. again, the second leading state. so you can see how imperative that that relationship is. lauren: how long is it taking or or or -- for you to get the federal permits? >> it varies. my company just did seven, and

hay range from -- they range from 7 months to the about 13 months. the more lands that you have that are federal, it takes longer. theless federal lands, you can get it done faster. lauren: compare that to texas for me. >> three weekses? [laughter] maybe even a little shorter. so just depends, you know, where they are and, again, the same thing, having issues. it can be very quick in texas. lauren: if they took the handcuffs off and made it easier and quicker for youd to do your job, what would the price of oil be? >> borrow that last guy's ouija board? [laughter] there's so many, there's so many questions on that and headwinds and tailwinds. i don't know, but we could really add production. lauren: $60 a barrel? $50 a barrel? >> it could be definitely less, and we would continue to

increase production, for sure, in the united states. lauren: well, thank you for everything that you're doing. i know it's been tough, and i'm so glad to hear thats the getting better. scott german, thank you. have a wonderful weekend. >> thank you very much. lauren: of course. we mentioned marvel tech hitting a 1-year high after chipmaker said it expects its a.i. revenue to double this year. the stock is on fire, it's up 31.25%, $64.97 a share. it's not just tech, a.i. is also infiltrating pet care. coming up, a new device that feeds and babysits your dog. we have the founder and the ceo of the company called companion. he's next. taking a look now, you have the dow up by 54 -- 354 points, that's 1%. the s&p gaining about 1.5% and the nasdaq, 12 the,994. concern 12,994. we're coming riping back. ♪

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dispenses treats, trains and plays with the dog and even monitor its health. ty we just outsource all the responsibilities of having a pent? bringing in the -- having a pet? john, you just made it a lot easier for parents and kids to have pets. >> we're very excited about it. [laughter] we believe companion is the first device whose sole mission many life just to delight your dog. we couldn't be more excited. lauren: what exactly does it do and how? >> cool. so it uses a combination of a.i. hardware, positive reinforcement, treats, the sound of your own voice and lights and sounds to make fun with your -- friends with your dogs and give the dog sheer delight for hours a day, sending you, the pet parent, proof that your cog's having a last -- dog's having a blast at home. lauren: okay. you've obviousliest thed this. >> yes. so we started the company at one of the largest animal shelters on the west coast about five

years ago. we've worked with thousands of dogs and been working in homes now for two oar three years -- two or three years. we are working with leaders on the animal welfare side and on the animal training side. e couldn't be more proud of who's joined us, and each one of those experts and advisers has channeled their knowledge into our software. lauren: but it's based on one big device that you hook up to, correct? >> correct. so it's a device that can dispense treats, can play noises, and that device automatically can interact with your dog at home. while you would love to be with your dog all day, this device can be there the when you can't. whether you're working from home or away from home, this device provides the enrichment that all dogs need and benefit from whether your dog is super ebber yesic or your dog's really clever and loves to figure things out. lauren: how much is the device, and i'm assuming there's a

monthly pee to subscribe to the services that it provides? >> yes. yes. so folks spend like $1,000 a month on day boarding, people spend $3-500 a week on -- lauren: what do we spend right now? [laughter] >> consumers in the u.s., i think the total spend in the u.s., i believe, is $12 the 4 billion concern 1 the 4 billion on pets, and a lot of u.s. consumers spend lots of money on their dogs in particular through items like day boarding, field, etc. we think companion's an incredible deal if you think about the hundreds of hours that companion spends with your dog each month for the price of $50 a month. lauren: okay. but how much for the device itself? >> a a h, we haven't released that yet, but what we have said to the all of our people who have signed up, all of our wonderful users and early customers is that we will make sure that you receive your device for $49 a month.

lauren: does it clean up after the dogsome final question. >> oh, i wish. [laughter] i don't know how you know about that, yes. finish. lauren: john, thank you very much for the time. good luck. i think you've got a market there. >> thank you, appreciate it. lauren: planes, trains and automobiles, we're covering it all as americans gear up and get the out of town for a big memorial day weekend that probably started already for a lot of people. madison alworth is in sea caucus looking how traffic is building on the new jersey turnpike. many folks headed down the shore for the long weekend with. plus, we have the ceo of frontier airline, mr. barry biffle, on how things are looking like on this excite being but unofficial start to summer. ♪ ♪ ♪

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lauren: well, people are already heading out for the holiday weekend. you're looking at a live picture of montauk, long island. getting ready. supposed to be a good weekend here in the northeast. of the 42.3 million people, to be exact, expected to travel, aaa says 37 million of them will drive. but before they hit the highway, they're getting hit hard by high gas prices. we have madison alworth in secaucus, new jersey, with the latest. how high, madison? >> reporter: hey, lauren. you know, prices, they are 23% compared to pre-pandemic memorial weekend standards, but it's not stopping anyone. look at the road behind me. the traffic already started so, clearly, some of those 37 million, they're already are on the road and making their way to their destination. everyone i paying those higher prices. looking at the average odd the, we're talking $3.57 a gallon. like i said, that's up 23% compared to memorial day pre-pandemic. but despite the lofty prices, it's still down $1 from last year. that's when gas was, obviously,

much higher, pretty much on the verge of $5 there. at the pump you can't control the price of gas, and and right now on the road you can't control the traffic, so we spoke to drivers about how hay do control the factors of this weekend and what they to do the make this weekend of travel bearable. >> it's tough to have one around this area. i just try to leave are as early as possible. >> a lot of rest stops, a lot of energy drinks, a lot of protein the bars, make sure you call people, listen to podcasts. >> we left today the probably, what, 3:00 in the morning? tried to avoid the new york traffic. >> early bird gets the worm. and then i drove for about four hours and then my boyfriend's going to switch, and he's going to take over so i can relax and take a nap. >> reporter: early bird definitely gets the worm because we are currently in the worst of it when it comes to traffic. aaa says it will be peak traffic levels until 6 p.m. claman viewers should definitely stick around, if you leave now,

you're not going to beat any of that traffic. just hang out with lauren and me, and i'll hit the road at 4:30 when we're still at peak time. [laughter] lauren: i kind of feel like i can't drive home now, i have to wait until six because you told me so. i planned to be in the car at 4:01. >> reporter: i'll e let you know at 6, lauren. lauren: madison, thank you. from the turnpike to the runway, millions of americans are flying this weekend. 3.4 million, to be exact. transportation secretary, pete buttigieg, says he's hoping it doesn't go down like last year. >> this weekend will be a test of the system, and think all of us have airline stories from if last summer9 and the disruptions that that took place then, cancellation and delay rates were at unacceptable proportions last year. of and it's important that that not happen again. lauren: let's bring in barry biffle, the frontier airline's ceo, in another fox fox business exclusive. barry, welcome. good to see you. >> thanks for having us.

lauren lawyer of course. are you going to to -- to the pass the thes this weekend? >> yes. we've made huge investments in the travel experience. the staffing and all of the processes and all of our third party business partners, and i think the system is much more resilient than it was a year ago. expected to be a lot smoother skies than what you're seeing on the drive doing examples that you were talking about earlier. lauren: how busy, what is traffic going to be like for this weekend and even for this summer? because yesterday we had more people fly than we have since covid. 2.6 million people went through tsa checkpoints. we expect similar numbers today and throughout the weekend. how does it look to you? >> it looks big. the memorial day travel kind of kicked off on wednesday. it's getting bigger every day. we're booked over 90% for the next several days and, yes, the command is more than it's been at any point post-pandemic, and we continue to see big demand through the summer. lausch lauren but with that

demand comes big problems. i want to talk about staffing issues. do you have i enough pilots? do you have enough flight attendants? and then there's also the issue of air traffic controllers. >> so fortunately, we're many a unique position at frontier where we actually have excess surplus of pilots and flight attendants -- lauren: what? >> we do, we do. relative to our schedule of we've made huge investments there. as far as air traffic control, i know that they do have some shortages, and so we as an industry kind of planned around that, you know? some of the flights have been canceled for the summer to new york and the northeast to help accommodate that. but i know that they're working very hard, and i know we heard mr. buttigieg just a moment ago talking about that, i know they're work aing -- working hard to do their part. and let's cross our fingers we don't have weather this weekend. lauren: speaking of, the biden administration wants you and other airlines to pay passengers when their flight is delayed or canceled and it's not because of

the weather. just to update our viewers, there have been about 80 cancellations in the u.s. today, about 2500 delays. how do you feel about having to compensate passengers? >> well, i think, first of all, you know, we don't ever cancel a flight that we didn't think that was a safety issue or some type of reason why we didn't fly it. i don't think we want our employees to ever be worried about what it's going to cost if they make the decision to cancel is it. that's the right safety decision. so i think that's a little bit of courageous ground. there is a solution here. i think, you know, 3r50eur9 consolidation in the u.s. we had airlines shared tickets, they use to be the called rule 240, so there's ways to do this. and i know a lot of the industry and i believe the administration are starting to have this conversation. i think if we can get that in place, it would enable someone if we of do have a canceled flight to be transfer over to another flight if a seat's available. so i think it would get what we're looking for without the financial consequences and the

risks to receivety. lauren: what's the biggest problem for you right now? >> the biggest charge is making sure -- challenge is making sure we can accommodate as much demand as is out there. there continues to be a lot more demand than there is supply, and it's going to probably remain that way for a while. because of the shortage of pilots as well as the shortage of aircraft, it's going to be a while before we solve this for consumers. lauren: have you noticed, because you do offer an experience that'sless expensive than concern that's less expensive than some of the other carriers, that you're having a wealthier flyer trade down, if you will, to frontier because he can get a better ticket price? >> listen, we are the best value in the sky. you're going to the pay the lowest fare and the lowest total price, and you are seeing significant tradedown. you know, prior to the pandemic 10% of our customers had $200,000 household income or higher, that's almost doubled now to 8%, so we've concern 18%. so weave seen kind of that

walmart effect. so, yes, we're already seeing that, and that's the function of higher prices. we have even more ways to save than just our low prices and low fares. we have our go wild pass which enables you to have unlimited travel for the summer for $499, and we just announced today we're selling elite status for thin who has a travel credit card for just $199. that unlocks free bags, free seat a i signment, so you can have a great her. lauren: are you trying to get passengers in other ways? for instance, giving gate agents incentives to fine more oversized bags so then you can charge thoars passengers for those oversized bags? >> well, listen, we sell bags, checked as well as carry-on, and the majority of everyone follows the rules, but it is the unfair when people don't follow the rules. so, yes, we do have gate agents tasks9 with -- tasked with making sure people are following the rules.

lauren: what's the incentive for them? >> they get commissions on seat assignments, on bags and everything. lauren: can you tell me a little bit more? any details? >> i don't have the scheme in this front of me, but it's, you know,st a commission, it's a percentage that they get off of all the products they sell, so bags, seats and -- lauren: and that's not just for frontier, that's industry wide? >> there are oh airlines that do that as well. lauren: i didn't know that. >> yes, we pay our employees to do their jobs. lauren: barry biffle, i know it's exciting. i'm excited to get out of here and go somewhere, although i'm driving. barry, enjoy. >> look forward to seeing you on a frontier flight. lauren: have a good one. let's have a look at shares of icahn enterprises, flip-flopping between red and green, but right now they're up 1% at 20 the.85. -- 20 the.85 following a major selloff yesterday. are the activist investor's problems over?

charlie will break that next. right now the markets still flying high, the dow up 346 points, 32,112 the is the level. we'll be right back. ♪ ♪ dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones the new dexcom g7 sends your glucose numbers to your phone and watch, so you can always see where you're heading withtht fingngsticksks dexcxc g7. so easy to use, you can manage your diabetes with confidence.

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hi, i'm katie, i've lost 110 pounds on golo in just over a year. golo is different than other programs i had been on because i was specifically looking for something

that helped with insulin resistance. i had had conversations with my physician indicating that that was probably an issue that i was facing and making it more difficult for me to sustain weight loss. golo has been more sustainable. i can fit it into family life, i can make meals that the whole family will enjoy. it just works in everyday life as a mom.

lauren: we are up a little bit after that major plunge yesterday. they were down as much as 20% yesterday. charlie: yesterday it got bounced on our report. we were reporting that icon is planning a counterattack to hindenburg research. what could be you a counterattack. it's very vague. it could be a lawsuit. if you believe some of this stuff is false they are putting

out, that i doesn't have money -- lauren: a ponzi keep. charlie: nothing has happened yet. stay tuned. why doesn't icon carl come out there and buy the remaining float. 80% is owned by carl icon and his floats. just remember that's what's hanging out out there. if he doesn't have the money that's another story and we'll figure out who is right or wrong. icahn is telling people hindenburg is wrong. but i think it's a tell.

if carl buys the stock you know this was erroneous. this is a very small float out there. thought a lot of shares. if he bought them all, you are screwed. lauren: he went after jack dorsey of block square. charlie like a lot of short sells, there is a wreck that they manipulate the market. they cash out and move on. i am not saying i agree with that. but the other reputation is sometimes they do good work. i don't know where i come out in this. if carl buys back the stock, it will be a short squeeze.

lauren: icahn is an icon. charlie: maybe they are right. i am not saying they are right. i don't know. lauren: they were right on nicola. charlie. i want to switch to desantis. i was on that call, maybe you were, maybe you weren't. if you weren't looking at your watch saying how much longer will we have technical difficulties. he was sitting there for half-hour before he started talk. but raised hard money from individual investors. that's the money you can do whatever you want with. it doesn't have to be for a specific purpose. that means this guy whatever happened on that call, it

doesn't matter. he will raise a ton of money. a lot of our viewers are fiscal conservatives. they are in the markets, they are business people. how will desantis * translate this and dlin rate himself from -- donald trump. donald trump got in to a lot of debt, i will spend less money. i will build a wall which he didn't do. i'm going after woke corporations while he's cozying up to them. all this money will be used to delineate between himself and donald trump going forward. it's something the business community, people that own small businesses, they want this

debate and they like how ron desantis sound on these issues. lauren: do you think the $8.2 million came from trump supporters. charlie: trump gets a lot of money from small donations. this was a lot of bundled money i think came from business people. lauren: you don't think they are scared about ron desantis going after bob iger and disney? charles: disney had massive corporate welfare perks. lauren: and anaheim. charlie: they had a situation that was carved out and they thought they could get away with

their lobbying money in tallahassee take on ron desantis. it was like a fastball and disney was totally wrong. why are they involved in this law that says you can't teach sex edto young children. lauren: thank you very much. the closing bell rings in three minutes. it feels like a deal is in sight. this week the dow is down 1% on the week. the 11th hour negotiating may not be making investors nervous. top house republicans will hold a whip call tonight at 8:00 eastern to discuss the debt limit as they try to reach a deal. remember, you need everything to get something. so everything is on the table,

they have to agree to everything to have a deal. the house is out next week, too. but the members are on notice to return to washington within 24 hours in they do get to a deal. george young, we'll bring in your countdown closer. good to see you. your thoughts on the debt ceiling. do you think this optimism we are seeing on wall street is warranted? >> i think it is. i think we go through this all the time. saber rattling. at the end of the day republicans and democrats want what's best for this country or i think we should be optimistic and think so. the market is usually right on these things on the short term. lauren: say we can put this to

bed by next week, what is the market story through the summer. >> pessimism we know the problems, potentially recession, or ukraine, inflation may be a problem, the usual cast of characters. on the other hand, if you want to be optimistic, there have been deals, dislocation in the marketplace. beyond that there are always a few stocks out there that we think make sense. lauren: can you start with corp. >> their world inventory is coming back. so it's important to think of those. copper is cheap right now. you get $8.1% while you wait.

that's long time. copper comes from desperate, bad places. people don't want it in their backyard, don't have it in their backyard, and it's important for the economy going forward. lauren: option care. >> they are buying a company that provides in-home therapy. people got used to that during covid. lauren: thank you. the bells are about do sound on wall street. nasdaq up more than 2%. markets closed monday. "kudlow" now. david: welcome to a special edition of "kudlow." i'm david asman in for larry kudlow. top house republicans are holding a wh