obviously, is they are the richest companies in the history of humankind, the richest. you know, i did back of the envelope math on microsoft right before i came down. since 2017, they've made a trillion dollars in revenue, a there trillion dollars. do you need to give them money? so they invest around the world $150 billion into semiconductor ors all the time. if we go down this rabbit hole where somehow the taxpayer is going to subsidize this, we're going to be paying out for a long time. the white house's narrative that the corporations and the wealthy don't pay they are fair share, that -- they all say that, right? and people believe it. and yet you can still brag at the same time about not only rewarding the richest companies in the world, but also paying college loans. it's a crazy world we live in, but ooh i've got to tell you i think it's a political trick. i don't want it to work. liz claman,s over to you. liz: you know, it could be with. but they would argue -- meaning the administration -- they're doing it in conjunction with a

nearby trade school that will teach people these higher wage skills that they need to have in racine, wisconsin. just putting it out there, charles. charles: yeah, i know what they say, but i know what history says. [laughter] how do we give microsoft a nickel? microsoft could buy america. how is america giving microsoft money? if. liz: yeah! yeah, what he said. [laughter] thank you. rock on with your bad with self, charles. look, it took a bit of time for the markets this morning to start the old bad news is good news dance, but as we kick off the final hour of trade, folks, we are at a session highs. the stock bulls are back on the dance floor. look at the dow jones industrials, up 311 points. we just touched a high of 324 the points to the upside. we're pretty much if right there. the dow is on pace to extend its winning streak to seven sessions in a row. look at the s&p, up 24 points. it is above 5200, 5212. and then though the tech sector is the sector weakling today,

the nasdaq -- which has so many of these tech names in it -- is moving higher by 53 points or a third of a percent. so the bad news is good news came there from weekly jobless claims. the number of people joining the unemployment rolls jumped to 2311,000. the 215,000 estimate, way higher than that. not way, but enough, right? and by the way, that 231,000 number is the highest since august of 2023. whatever weakness we saw at the open, look at the intraday. that dissipated on the requested that a worsening jobs picture might mean the federal reserve would stay on track to cut interest rates this year. in fact, moments ago when the markets hit session highs, it coincided with the san francisco federal reserve president mary daly saying that if the labor market were to falter in a fundamental way, policy action would be needed. she's meaning a ate cut. a rate cut. she also, though, underscored she doesn't see any emergency situation where the labor market is somehow disintegrating.

but mary daly make a whole bunch of headlines. might be a really tough sell to say that the employment picture is weakening because a.i. is driving so much growth. just witness the stock of equinox. shares of the data center r are eit are soaring 11.7, on pace for their a biggest jump in 12 years. the company, which basically provides today a center space and infrastructure to vendors around the world, sailed above profit forecasts but also hiked its full-year revenue outlook. again, not that the markets guide the federal reserve; but when a consumer-driven company like on your screen, amazon, hits another record high, first time it's above 190 a share ever? if you can bet fed chair or jay powell does not see a case to stimulate the economy by lowering borrowing rates. but are we seeing signs of a more cautious consumer or maybe the hysteria of a.i. spending is

settle down. coming up, airbnb's ceo brian chesky and arm's ceo, renee has, are both -- rene haas are both joining me this hour post-earnings and what they see in their respective businesses and sectors. all right, treasury yields are falling across much of the yield curve after that higher than expected jobless claim number, but no one data point does not an investment guide make. we have to stress that to you. let's see how or floor show guests think about this and how it plays out in the stock market and for your portfolio, market rebellion's chief market strategist mark lo press key and kevinman. kevin, let me begin with you. a tiny wobbling here in the first-time jobless claims. how do you interpret that, and is this reaction in the markets warranted? is this nice bull run once again, you know, appropriate? >> i would start by suggesting that the long-waited economic slowdown is finally coming to i

fruition, liz. we saw first quarter gdp come in at 1.6%, well below expectations. jobless claims just hit their highest levels since august 2023, as you pointed out. consumer confidence fell to its lowest level since july of 2022. unemployment rose up unexpectedly to 3.9%. these are all intended consequences of the fed's aggressive rate hikes. i believe the fed wants to cut rates, but sticky inflation is preventing them from doing so. the one thing i'll remind everybody, in december of last year the fed was forecasting three rate cuts this year. in march of this year, which wasn't so long ago, they were still forecasting three rate cuts -- liz: some said six. >> some an midwests thought six, but the fed has held true to those three rate cuts. it's still possible. i don't think they will, but it's certainly still possible. liz: i don't know, mark. look at, you know, the buzzy bees of this -- bussey bees of this economy where we have loss -- lots of jobs not to

mention the consumer that's holding uh-uh. let's translate to the stock market and people watching thinking, well, should i keep piling in? >> it depends on where in the market, right? and to kevin's point, we are definitely starting to see the impact of inflation take hold of that runaway consumer spending. you'll remember, liz, last summer i was here e on the show talking about that was the last time, the last summer of george where people were just going to spend like there was no tomorrow. well, that continued. but a lot of the data that we're look at now is indicating this that that party may have actually come to an end. >> yep. >> one of the things we saw, pandemic-era savings -- how much people socked away whether it was helicopter spending money of whatever you -- that's depleted. credit card balances, again, breaking highs every time that number comes out, historically new levels. and the usage of buy now, pay later as an alternative to the credit cards because the buying power's just not there anymore is just continuing to quarter after quarter show new levels of

usage. so that indicates to me that the savings is gone, the credit cards have largely are run out. -- largely run out, so that spending is going to slow. liz: look at the buy with now, pay later stocks. >> they're killing it. liz: kevin, who's at a disadvantage? which sectors, which names? >> i think any company that's overleveraged right now with excessive amounts of debt on their balance sheet is going to struggle through this continued economic slowdown. and as much as we like to play the fed guessing game, it's what we get paid for, certain areas of the market will continue to do well you mentioned equinix, other data centers that are part of that a.i. ecosystem will continue to grow. look at digital realty as another example. they pay a dividend of about 3.4%, announced a joint venture with blackstone to build $7 billion of data centers -- husband hez but they're trading at a 97. pe. they're expensive.

>> absolutely. but we see more earnings growth ahead. their orders grew 60% year-over-year. how about a company that two -- guys the -- liz: leon cooperman was just on the show two days ago, he said he like9s that. >> great minds think alike. liz: great billionaires -- oh, not yet. >> give me a few more years. [laughter] liz: mark you have looked at who's disadvantaged, who's advantaged. give us your tranches of names on each side. >> certainly, we like the buy now, pay later names, paypal, maybe even apple, that might be the side of the business that pulls them out from their iphone doldrums. we love anything data, no surprise to anybody that follows myself or market rebellion. two of the best performing stocks in the market today, klaviyo and app loving, i think, both of them up about 15 and 19% if respectively. those are on the b to been --

liz: who gets dinged? >> consumer discretionary, and marley consumer discretion flare if, overleveraged with a weak balance sheet that have, despite perhaps their best efforts, not set up for a higher for longer can cost of capital in terms of their corporate borrowing rate. and folks that sell things that people don't really need. i think that's part of why we got the guidance from roblox today. if your use -- can using fiat, real or dollars to buy funny money might be a mace to start. liz: yeah, or i always wondered about that. what about the nike of the world or the fancy pants lululemons in. >> yeah, we have seen those in any discretionary spending pullback, those are names that tend to get hit. so i think as we look at earnings for the next couple of quarters, those are names that i would have a bearish outlook on. liz: mark kevin, thank you both. >> my pleasure. liz: great to see you. and thank you to kevin for matching my -- >> i didn't get the memo.

[laughter] liz: thank you both. to recap, the bad news bulls are back. renewed rate cut hopes are lifting investors' sentiment after initial jobless claims jumped more than expected last week. the bulls are also endorsing tech giant amazon, shares notched a new all-time high and are on track for a record close. amazon is a recent aa decision to the dow jones industrial average which itself is on pace first longest winning streak of this year. right now deepen an eye on it, the dow is up 318 points. all right, you want a perfect example of how fickle the market can be? look at this. back in february shares of chip design giant arm holdings surged more than 50% after reporting record quarterly sales. today investors are kind of up in arms after the company gave full-year fiscal sales guy dance that that missed projections finish guidance. arm ceo renee is about to join us live on what's behind that miss when the entire tech world

is buying up chips to run a.i. we'll also be talking to air b if nb ceo brian chesky as well, down about a 6.4%. so much more ahead when "the claman countdown can" returns. ♪ ♪ if when you own a small business

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liz: fox business alert, this is why the most important hour of trade is this particular hour. at the opening belk or shares of arm holdings dropped from about $106 down to $98. by 11 a.m., the chip architecture giant had erased all the red, briefly punched into positive territory and right now it's down about 2% to $103.85. but why the initial scare? well, while its fiscal fourth quarter with earnings crushed

both top and bottom line expectations, investors weren't marley happy with the company's full-year revenue forecast for fiscal 2025. year to date the stock is still up an impressive 38 percent thanks in part to the amazing 48 president if pop investors gave shares after fiscal third quarter earnings came out in february. you can see it rye there the -- right there. what happened this quarter considering arm creates the architecture upon which chipmakers of the world build upon and customize for all electronics and now a.i.? here to address et al., ceo rene haas. let's talk about that full-year forecast. you are guiding to a mid-point revenue of about if. 3.95 billion, wall street wants 3.if 99 billion. or when are you seeing that brought you to that number? >> thanks for having me, liz. we just came off our last fiscal year and had record revenues, over $.2 billion -- 3.32

billion. more importantly, that's a little bit up on 20% year on year, and we gave guidance for next year north of 20%. and we actually in the earnings call, you know, guided even further and said we think that 20% growth continues into '26 ask and '27. so we're very, very confident about the outlook. we're fibrofiring on all cylinder, and markets are all doing what we hoped they would do. liz: let's talk about one of those market, data centers. [laughter] suddenly, in the past 48 hours, we've been -- well, more than that, leon cooperman came on, he likes vertiv, a data center company, and you've got eqinix as the top perform on the s&p 500 today. tell me about a your data center chip architecture business because don't those have higher margins? you've been wanting to expand that business even more than what you already have. >> yeah, thank you for asking that question. [laughter] it's been a really interesting market for us. you know, we have seen with arm

in the data center over the last several years. we've had aws, microsoft announced their first chip called can cobalt and hen the we had an announcement with google on ax on, sos this is all now being used in the cloud largely because of power efficiency, largely because with you can do low bauer arm-based designs. but one of the tailwinds we're seeing is around a.i. these a.i. data centers are incredibly hungry in terms of power. the amount of energy is very, very significant. so one of the most advanced training chips on the planet, nvidia's grace blackwell, they have moved 100% to arm in terms of data center, but more importantly, you really cannot build a data center that's power efficient without with arm. nvidia gets incredible benefit wees in terms of innovation and in terms memory bandwidth which is key to foundation models. so net-net, i'm probably more optimistic about arm the data center even at the ipo, and we

were pretty optimistic then. liz: okay. that gave me some insight, i think, because if you say you can't operate a data center without the product that you make, i would then deduce that you would be having an if amazing outlook, and yet you're not. i think it's certainly better than fiscal 2024. but what are the analysts thinking that you were going to do? you saw i a 60% jump in hypes aring -- in licensing and royalties. get to that, because that's sort of that recurring revenue that is really helpful. >> yeah. so our business has two components to it. it's got a licensing business ask and a royalty business. the way to think about the licensing business, liz, it's a proxy for r&d. if licensing is going up, that means companies are investing in new chips, and what we're seeing is that particularly with a.i., again, that the software, the models are moving far faster than the hardware, and that means companies is have to license the newest arm

technology. that's why we've seen such demand for our products. the royalties are tied to unit shipments. we have great visibility on those products because we have incredible market share. you know where we are on mobile phones, pcs, data centers, automobiles. we have a view of the world unlike my -- any other company, so when we say we're going to do north of 20 this year, next year and the year after that, it's because we have a visibility, the platform like no other company. liz: here's where there might not be so much visibility, and it's endem ec, i think, for the entire sector, and that is the question mark if happening over the entire chip space, and that is china. u.s. regulators and the administration if just yesterday said to both qualcomm and intel, no more exporting of your chips to huawei, the chinese phone and big tech company in china. have you modeled for how that might affect you in any way, shape or form? >> we haven't, but that

licensing situation is something i'm actually pretty familiar with because when you go back a few years and huawei was put on the entity the list, two the companies ini colluding qualcomm and 13we8, they applied for a license to ship their products. they were granted that license, so for the last four years, they've been shipping to huawei. those are the licenses that have been revoked. we just adhere to the rules as written. we didn't apply for a license, so there's no impact to us at all because we had no licenses to revoke. liz: okay. okay, all right. but know that those two names are definitely among your customers. all right. and finally, there's a new study out, ren if e, i'm sure you saw it, the semiconductor industry associate finds that the u.s -- what a difference a couple years makes -- the u.s. i could soon be making 28% of chip production, and china would go down to just 2%.

the expectations is this would happen maybe by 2032. i mean, what -- this is a major absolute flip, is it not? >> it is. and we're involved in that. you know, we work very closely with tsmc and samsung which have big with u.s -- [inaudible] but we also announced a partnership with intel, believe it or not, strange bedflexor a few months back. -- bedfellows. we're going to be building arm-i based chips at intel fabs in oregon and arizona. so it might have been a little bit weird a few years ago to think arm and intel working together on silicon, but we're very excited about that, and i think you'll see a lot of arm-based chips made in america. liz: we'll be watching for that. rene haas of arm, thank you very much. see you next time. major developments coming out of the middle east at this hour. concern and fury in both israel and the united states after president biden warned he will

cut off weapons to israel if it moves forward with a full scale assaulten on the gaza town of rafah. up next, a live report on the potential fallout that could hurt both president biden and israel. the stocks of defense companies that sell their weaponry to israel, they're not getting hurt at the moment. general dynamics up three-quarters of a percent, raytheon up 1.5%, lockheed martin, up a quarter of a percent. we are coming right back. the dow in the green by 316 points. ♪ ♪ , i promise to put your interests first, always. i promise that our relationship will go well beyond just investment decisions. it's the intersection of your money and your life where we can make the biggest difference. [announcer] charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com

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liz: >> civilians have been killed in gaza as a consequence of those bombs and other ways in which they go after a population are certains. and i made -- centers. and i made it clear that if they go into rafah -- they9 haven't gone in rafah yet. if they go into rafah, a i'm not supplying the weapons that have been used historically to deal with rafah. we're going to continue to make sure israel is secure in terms of iron dome and their ability to respond the attacks. we're not going to supply the weapons and artillery shells used. liz: president joe biden giving israel an ultimatum last night in an interview on cnn, no weapons if you attack rafah. that's not sitting well with the israeli government or many members of congress who voted to approve additional funding to help israel in its war against the hamas terrorists who soughterred 1200 us really civilians in a surprise and un,

provoked attack back on october. th. prime minister benjamin netanyahu saying just a few hours ago if israel has to stand alone to e defend itself, it will stand alone. 9 and the israeli defend forces say it has the weapons it needs for any operation in rafah. fox news foreign correspondent gillian turner joins us live from the state department. gillian, the president going -- he a may go against the will of congress, but also making this threat to the only democracy in the middle east. what to's the reaction you're hearing? >> reporter: so, liz, the biden administration is withholding precision bombs marley from israel a-- particularly from israel ahead of their full scale envegas of rafah. right now the city is packed with about 1.3 million palestinian, of 600,000 we're now learning are children. that take a listen. >> what the president made clear is that we have concerns about a potential military operation in rafah. i don't think that's any secret. we've been making those concerns

known publicly, and we have with made those concerns quite clear to the government of israel. and as the president noted, there are certain types of military assistance that we will not make available to use for a campaign in rafah. >> reporter: president biden is getting intense pushback now from gop senators who accuse him of going around congress to deny israel these weapons. take a listen. >> joe biden objectively favors a hamas victory over israel. if it's just that simple. and the president is only emboldening hamas. >> it puts israel's national security interests at risk. this is insane. >> this was a horrible mistake. >> reporter: right now ceasefire negotiations are up in the air, and the idf if says they plan to move forward with military operations inside rafah. should israel falter on the battleground, libd are city graham says the biden administration if will be at least partly to blame.

>> you're telling me you're going to tell them how to fight the war and what they can and can't use when everybody around them wants to kill all the j exws? if -- jews? >> reporter: on the other side of this issue, democratic senators are are saying the president's actually not going far new. they are demanding that he cease sending any weapons at all to israel starting immediately. liz? liz: gillian, thank you very much. gillian turner. fox business alert, let's get to some individual stock names here. road, blocks for roblox as shares mark their worst day in more than two years, getting clipped by 321.if 8% right -- 21.8%, posting first quarter bookings that fell short of wall street estimates and slashed their annual forecast. we should look at some of the rivals in the space, game makers take two, electronic arts up 1.25%, take two is down half a percent. planet fitness looking super fit

at this hour. the stock is on pace if for its largest percent increase since november of 2023. 6% higher right now despite a first quarter revenue miss and disea pointing guidance for the year. why is this stock not getting punished? well, the company did say it in's cooed the price for its basic membership from if $10 to $15. price increase goings goes into effect this summer. beyond meat red and raw after reporting a wider than expected first quarter loss and a drop in revenue. elevated prices for the plant-based meat company's products are scaring off cost-conscious consumers. we have beyond meat facing also a cash crunch, and that's enough to bring those shares down 14.33% if: well, even the whimsical vacation rental house inspired by the movie "up" not enough to hoist airbnb's stock at this hour, at or near the bottom of the s&p and nasdaq after some weak forecasts. what a we're going to do is

we're going to bring in ceo brian chesky right here to the set to ask if revenge travel is turning into with repose travel with folks choosing to stay home just a bit more. salesforce at the bottom of the dow 30. disney just above it. the media a company joining hands with warner brotherses-discovery to offer a combo streaming bundle this summer. salesforce down 1.5%, and followed by ibm, cisco, nike, mcdonald's." "claman countdown" is coming right back. ♪ ♪ (traffic noises) (♪) the road to opportunity. is often the road overlooked.

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shopify's point of sale system helps you sell at every stage of your business. with fast and secure payment. card readers you can rely on. and one place to manage it all. whatever the stage, businesses that grow grow with shopify. liz: let's check in on shares of air were bnb. they are coming off a low of $145 and right now stand at 147.77. the vacation rental experiences company beaten on top and bottom line in its first quarter report but slightly weaker than expected outlook for the current quarter. that's got investor s checking

out. the stock is still down about 6.33%. air bn if w projected second quarter revenue between 2.68 and 2.if 74 billion. analysts were looking upwards of 22.if 74 billion. so investors take that ask if they start fretting about a possible slowdown. analysts at a btig said air b if nb's guidance implied total bookings would be 1255-127 million, that's below wall street expectations of $129.2 million. okay, enough of the numbers here. could a purple house provide more green for the company? last week airbnb unveiled a whole line of crew anemic stays and experiences called icons which let people spend the night in some of of the most famous homes in pop culture including the house made famous by the musician prince's movie "purple rain." many others are included including the balloon house from up, a replica can of schleck's swamp. in scotland and even the ferrari museum in italy. yes, you're going to see all of

thisful we'll show you in a second. joining me in studio, air airbnb founder and ceo brian chesky. the bad stuff is the stock reaction. as we look at that, forecasting a slight pullback in the current quarter. why? or what are you seeing aside from the weird comparison of last year when easter was in the first quarter. >> yeah. obviously, things unand flow a bit. easter falls differently, but we're feeling confident about the road ahead for us, and we have a number of strategies to reaccelerate growth. we're generally pretty conservative in our forecasts that we give out, and we always like to consistently beat the numbers. travel is looking really, really strong. we have the olympics coming up, half a million people staying in airbnb, 130,000 homes in paris you can stay in, so there's a lot of growth in front or out -- of us. liz: let me talk about to olympics because we had a precursor to that, and if that

was the slow lahr -- solar eclipse coming across a swath of the united states that bisected from top to bottom, right there in the middle. you guys did gang buster business. that was, what, april 8th. i think. >> yeah. liz: that's the current quarter. >> it's pretty amazing. you can look at a map, the u.s. map, and you can see where the total eclipse was, and you can see the line where all the homes were that were book with with the, the occupancy, and almost all of them there were no hotels. the bookings and solar eclipse path was double what it usually would have been. i think this speaks to the benefit of air a b if nb. it's great if you're travel for an event because often there's no hotels left. it's also great when you're traveling with groups. 80 of travel are for two or more people. it's great if you're traveling with a family. all of that's going to happen this summer. liz: well, okay, what's the next paris olympics, solar eclipse? if you obviously are looking at event bookings can be. >> 100%.

the euro cup in germany coming up, those are big events, but almost every city in the world is going to have, any city that has has a convention center is going toughen an event. so there's going to be events all over. you know,s this is just the beginning of something much larger, international growth. as big as we are around the world with, we do not have the market pennation in korea or baa brazil or japan or mexico or parts of europe, italy, spain, as we do in the united states. if we can get even half the pennation that we have in the united states, this would be a much larger company. there's just so much opportunity for growth. liz: even btig's number of 125-127 million total booking, that's what they imply. are they sort of right or -- >> i'm not going to comment on the guide other than what we've given out, but, you know, we're -- i'll just say, look, we're feeling very good. and last week the icons launch was incredibly successful. we've had a really big, like, market lift in traffic to airbnb

since that, since that happened. and this has been a lot of excitement if around the brand right now. liz: let's show people some of these options. >> yeah. liz: there is the ferrari museum. there's the "up" house. >> that's a 40,000-pound if house that we built from from scratch with 800,000 balloons, and it -- 800,000, and it goes 50 feet in the air. liz: wait, it actually goes -- >> it goes in the air. of. liz: this is the ferrari room. >> one of the coolest bed roms in the world in italy where ferraris are made, and you sleep with eight formula 1 cars around you. it's completely cra crazy. and i think this speaks to the idea that airbnb isn't just about a place to stay, it's about experiences, it's about dreaming. and this is a gateway to where we're taking this company because it's about experiences and really imaginic and memories. and i think that's going to be about new experiences, new products, new services. it's going to go beyond just a place to stay. liz: that is ferrari red. >> oh, yes. liz: ted lasso's favorite pub.

>> that's right. liz: what's -- that's e in end land. >> that was in england. we mad the malibu barbie dream house. as part of the promotion, we turn the house of malibu into the malibu bar if by dream house. it was the most successful part of mattel-warner brothers film promotion. it got more press than our ipo did. liz: i'll tell you, that's just smart if marketing, and somebody was on the ball. >> and in an industry like ours, as you know, our exit competitors -- competitors spend $4-5 billion a year on performance marketing. so one of the reasons we are so profitable is with we don't spend as much money on marketing because we get more if direct traffic because we're relevant in culture. liz: there is one experience, it was about 2018. i was at the door say museum in paris, and you stand by that eye conditionic clock. i was there in the cold winter, and that's me right there by the iconic clock. >> wow.

liz: you know are offering -- >> you can clean in the -- sleep in the clockroom. it's been redesigned by the designer who designed the paris torch for the 2024 olympics, and the torch will be in the bedroom with you. and that chockroom, if you walk out onto the terrace, it overlooks the river sane which is -- seine which is where the opening ceremony is. this is quite literally might -- night at the museum. liz but you can't book it. >> yes. basically, these experiences are mostly free or under $100 a night, so kind of like willy wonka andly and the chocolate factually, going to be these golden tickets, we're going to give away 4,000, you'll book online and give us your profile, and if we leak your answer, you get selected. liz: tell me -- 4,000, right? >> 4,000 this year and many more next year. and we want the bring the magic of icons to millions and millions of people, and i think eventually this is a gateway to

a much bigger business that could be scalable and sellable. liz: you know, if you staid at the museum, you could by accident take van gogh out -- the. [laughter] >> exactly. you'd really get your money's worth then. liz: let's end on demand for travel overall. a mary daly of the san francisco fed is making headlines right now, and in essence, she's saying9 that the consumer's holding up. supply is still there. the jobs market is pretty much holding up. she also says the fed has no need to push the economy down. so to me, this indicates if you are seeing that with all of your hosts, what are you hearing on the ground from them? >> from the hosts or the guests or? liz: i'll take both. >> so on the demand side, it's pretty stable, pretty strong. there's a lot of appetite for cross-borderer travel. a lot of americans want to go to europe summer, and i expect a huge amount of cross-border. you know, basically we now have almost 50 percent of our business is cross-border. that is huge. on the supply side, supply is

growing really fast. it's growing 17% year-over-year. at our size, it's pretty big, pretty good size growth. so people want to host. people want to make extra money. people want to travel. you know, that's one with of the amazing things. despite, like, pandemics and economic uncertainty, people still are going to want to travel it's just a desire that we all have. liz: and they a want that golden ticket. there it is on the screen, folks. i'm all about that clock tower thing, but i wouldn't mind the ted lasso -- >> pretty good. there's a lot -- yeah. whatever with, you know, the whole idea is whatever is in your imaginations, we want to make it real. we want the make dreams come to life, and hopefully that's where the brand goes. liz: brian chesky, thank you very much. >> thanks for having me on. liz: started the company in a small apartment. this is the american dream right here. >> right here. liz: thank you very much. >> thank you. liz: a new report says another trump president she could be a boom if for digital assets? digital money? and the former president is now

saying a vote for him is a vote for crypto. charlie gasparino has the scoop on that. charlie's going to break it next on "the claman countdown." dow jones industrials holding on to gains of 329 points. ♪ ♪ well done, viv. you got the presents, the balloons and the raptor cake. now, how about something to put a smile on your face? aspen dental provides complete, affordable care with dentists and labs in one place plus free exams and x-rays for new patients without insurance... and 20% off treatment plans for everyone. quality care at a price worth celebrating. it's one more way aspen dental is in your corner.

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liz: former president donald trump said back in 2021 bit coin is a quote, scam against the dollar. looks likes he has done a total 180 on cryptocurrencies. this new report by standard charter indicating a second trump administration would be broadly positive via more supportive regulatory environment. meaning trump could be good for crypto. let's take a look at bitcoin. larry: litecoin, ethereum they're all in the green. let's get to charlie gasparino on trump's new found fandom into this. >> this is election politics. let's give him a little slack. larry fink did a 180. liz: you want to bend or you will break. >> who did 180s? liz: some kind them 180s, some call them flip-flops. >> how did larry, people are not attacking larry for it. others have done 180s.

i'm on the fence so you know. nice place to be. liz: you can't fight evolution and donald trump sees that. >> he also sees polling. apparently, ellie, my producer, ellie who is great on crypto my view, probably the top three crypto reporters out there, research shows one in five swing state voters consider crypto to be a pivotal issue at the ballot box. it is a no-brainer. i'm pretty sure vivek ramaswamy as you know who is, you know, an investor, i think somewhat embrasive of crypto, we hear through the grapevine, we have a call into the campaign. i don't believe we have a comment yet or to vivek's office, he is no longer campaigning he is kind of behind this. he basically showed some of the numbers to trump. we'll see if that is true. my guess it didn't take much convincing. this is a layup. clearly if you want a better demographic, a younger demographic, if you want an investor demographic, larry fink

is not into bitcoin etfs because he thinks no one wants it. there is a market here. liz: you saw the biggest number of investor ever flow into an etf. >> right. it is interesting, while joe biden is out there denying weapons to israel donald trump is actually, and other things, denying inflation, he said something crazy about inflation today, like it doesn't exist, donald trump is running a pretty good campaign in between court appearances. i know he was in court today, or stormy daniels was once again -- liz: testifying. >> testifying telling stuff we don't need to know and you about, their night together, the silk pajamas and old spice really caught my eye. liz: that is attractive. >> what i'm saying while they're doing that to him, trump is actually making headway by saying crypto, it is with something good, vote for me if you like crypto. a lot of people will vote for him for that. he is coming out being very

positive on israel, how ridiculous it is to deny arms to israelis when they have to go finally destroy hamas a terror group that butchered its citizens of the you know, what i find interesting, he is not on twitter anymore obviously, does truth social. because he is in court so much he doesn't have time to do as many crazy tweets as he used to do. so what you see is these very sort of structured, five minute, sort of campaign stopping out of court where he says stuff about crypto like i said today which is going to help him. where he says stuff about israel which will obviously help him. he is running a very disciplined campaign. you know, if you're betting today, he is the next president. liz: there has been a paucity on both sides of real policy solutions and suggestions. so it's welcome from both sides i think. >> you don't think, you don't think arming israel is a good policy suggestion. liz: i didn't say good. >> that's good. don't you want israel -- liz: arming absolutely. know mean what he said today is

going to be problematic i think. >> who? liz: for biden. >> oh, yeah. i think it is horrible. i think -- liz: considering 80% of all adults polled support israel in defends itself. >> i think a lot of people are looking at the, at the trial as saying why do we have to know this? >> that prosecutor literally allowed stormy daniels to say, you know, give the time of how much it took in bed with him. this, it is so disgusting. liz: charlie, thank you. very much. >> i notice how you cut me off before i got anymore descriptive. why is that? liz: because this is a business show. >> my view? i will produce, i will do a porn film on the trial. that's what i'm going to do, do flashbackses. i broke this news on -- liz: have fun on unemployment line. >> i broke this news not on your show but on "cavuto." liz: thank you very much for breaking it on neil.

markets hovering around session highs. we opened down but the dow son the way to the longest winning stake of this year, seven sessions in a row. s&p on track to hit a one-month high. it has to finish 11 points higher to hit that mark. right now it is up 24 points. green across the screen, even for the russell which is up just under 1%. next week we get a lot of economic data including the federal reserve's most important inflation gauge, core consumer price index. the latest cpi report for march shows prices rose 3 1/2% on a annual basis, slightly hotter than expected. still down from that unbelievable 40 year-of 9.1% that we saw back in june much 2022. look at the picture, can't deny it has come down. but if you think inflation is done and cooled, the fed will cut rateses soon. our "countdown closer" says naha. let's bring in michael landburg.

not only do you say it will not cool down. you say it will move in the opposite direction and start climbing again. >> absolutely. all the data we see inflation is reaccelerating. all the service side, auto insurance, going to the vet, getting legal services are all up double digits. i don't really see this going to two. i think it will see four before it sees two. investors need to look at that, position themselves in part of this portfolio for inflation to go higher. liz: how do you do that? i'm still nursing my whip lash from you saying that inflation will go back up to 4%, whether that happens, what are you telling clients? >> i mean areas we're looking at are things that have -- commodities will continue to do well. obviously price of oil, gold going higher. insurance stocks will continue to do well, mining stocks, materials. those are things that we need, with china coming back online, europe getting out of recession you will see more demand for

materials. that will push prices higher. obviously prices are going higher. we all see it when we go to the grocery store, when we go everywhere else except when the government is telling us it is non-existent. liz: we're continuing to watch it. next wednesday is the big day for cpi. everybody better stay tuned. michael good to see you, thank you very much the bulls are charging towards the closing bell. major indices are higher. the dow up 333. we know a lot of you are either graduating from college this weekend or your kids are, congratulations to everybody, including my daughter gabrielle, who is graduating from the new house school of communication at syracuse. yea, gabby. [closing bell rings] that will do it for "the claman countdown." kudlow is up next. nice move on the nasdaq, up 43 points. the transports up 91. we'll see you tomorrow. ♪. larry: hello, folks, welcome to "kudlo