gee that's an international event. that kind of reception shows that president trump is not only welcome here in florida but he probably won't be welcomed around the world. >> joe biden is feckless. what these protesters are doing is terrorism and they want to scare the living daylights out of the university and scare -- they're talking about the k illing of jews.

>> when you look at what happened in with inflation and goes down and comes back up. that's what you're seeing right now under joe biden. i don't think we -- i don't think the american people want a reprize of what happened. >> google, amazon, microsoft. simple reason of the cloud, the cloud, the cloud. you can't make the tech announcements without one of the big companies helping. in the ere arrowhead of big g et -- era of big get bigger. ♪ stuart: what is this song? lauren: on top of the world. stuart: oh, imagine dragons. they were on "varney & co." m any, many years ago. lauren: and? stuart: they're okay. lauren: they're okay? stuart: you'll get your time in just a moment. all right. 11:00 eastern time, monday, may the sixth. this is the day when president

biden celebrates cinco de mayo, which of course was yesterday. s&p up 30 and show me big tech. a mixed if i canture there and we do have meta, microsoft, amazon up. alphabet, apple down. the 10 year treasury yield right around 4.5% at the moment and you're up 451 to be precise. the teacher's union is n egotiating a new contract and the union's opening bargaining position has been leaked and when you see their demands, you know america's big cities are indeed in deep, deep trouble. here's a sampling. >> a 9% pay increase and going out for them and $2,000 for each migrant child to help them set and will teachers to be paid $ 1,000 per student per semester if the class size goes over the official limit.

100% coverage for all teacher breaks. all 646 public schools in chicago must have a gender neutral bathroom. what's the total cost of all of this? $50 billion. blizzard warnings by the way, union president stacey stays gates sent her child to a private school. it shows the state of mind taken hold and academic standards at rock bottom and the teachers demand massive pay increases and spending hundreds of millions on migrants and the teachers want to give them more. we see it in virtually all the democrat-run big cities and businesses are leaving and residents are leaving and migrant flood never stops and city finance in shambles and schools are overwhelmed and no sign of any policy reversal. same old, same old. it's not sustainable.

third hour of varney starts now. ♪ steve forbes with me now. welcome back to the show. good to see you. >> good to see you. stuart: academic standards rock bottom and teachers think they deserve more and are demanding more hawaii do you make of that? >> shows the power in the democratic party and bigger force in the democratic party and saw during covid shutdowns and other countries opened up their schools and kept ours closed and millions of kids were hurt and did they pay any p unishment? no, just demand more and making the situation even worse as a mayor who's almost communist and he's very, very weak and defunded the police and so what are you going to have? it's a situation, chicago going to have us detained by way of detroit and filing for bankruptcy. stuart: you don't think you're going to get all of the demands

obviously. they'll get some presumably and that's not good either, is it? >> it's more than -- anything is more than chicago can afford right now. school choice movement gaining more momentum and chicago and elsewhere their kids are not g etting an education and want a way out. stuart: can't get more school choice if you have democrats in a position of power. they call the shots of education and that's more. >> going to happen in chicago as in terms of new york in the 1970s and other parties take over and that's when you're going to get real change in chicago. it's going to come from the people, not from the political leaders who are what they are. bad. stuart: indeed. i'm sure you've seen this, a brand new gallop poll, 46% of adults have confidence in donald trump to do the right thing for the economy. 38% think the same thing about president biden. how can someone vote for a candidate if they don't think they can help the economy?

>> if it comes down to the economy, which it looks like it will be, donald trump wins against joe biden. every time you go to the supermarket and every time you go to the gas pump and look at interest rates and not counting as part of cpi, consumer price index, and interest rates going up on mortgages and hideous on the credit credit cards, buyinr now, the payments are double digit for a lot of people. if those high interest rates and cost of living is going up and regardless of what the government says. that's going to hurt biden. stuart: i saw a democrat on tv this morning and seeing a day where the democrat was nostalgic from the trump years and r ightfully so and the trump y ears it was only time in generation and the income gap between the lowest earners and people for them and that n arrowed and that gap narrowed joined trump and never happened before or since. >> that's one of the questions ask and don't let them take your

car away and number two in terms of getting ahead. are you lower income people, middle income people, are you better off today than you were four years ago and donald trump using it again and we know where that leads on election day. stuart: i was laughing because i remember watching the debate and president carter versus challenge of ronald reagan and ronald reagan said are you better off now than four years ago? that moment, boom, he'd won the election. just like that . there was a debate with challenger. he said, i will not let the youth and inexperience of my opponent cloud my judgment. you just won the election. it's all good stuff. >> biden going for a debate? can't see it and it'll never happen. he's not ready to lead again. not even now. not for the next four years.

stuart: thanks for being with u s, steve. >> thank you. stuart: good stuff. monday morning you want to know where your money is going and solid green i'd say. jason katz with me this morning. jason, another 38,700,000 and on this very program not that long ago and you said 40,000 on the dow is coming. >> not the most profound target here. we're talking 2.5, 3%. sot april brief showers are going to bring may flowers but for dow related stocks. that's because they're the most economically sensitive. they're the ones both tethered to interest rates. so you look at disparity in valuation between the nasdaq, s&p versus the dow and i submit to you that the s&p and nasdaq don't get much higher from here whereas the dow has substantial

upsides. stuart: the dow 30 stocks? >> not so much the 30 stocks but if you believe that a recession could be avoided or could be a softish landing, you're looking at around 16 times earnings for that constituency for over 21 times for s&p and even higher for the nasdaq. stuart: think we'll get any rate cuts this year? >> the fed hit the ball down the fareway and not too hot or too cold and what they've done and come under a lot of criticism and frankly it's working. you're seeing wages modestly come down. jobs are still plentiful but not seeing that wean as well. you're seeing the earnings of consumer companies start to come down a bit as well. it's counter intuitive but that's what the fed wanted. rate cuts are not canceled. they're just simply delayed. and one other thing worth n oting, and it's sort of technical and i won't go down

this road, they're taking their foot off of what's called quantitative fightin'ing. they're taking their foot off the gas pedal meaning they're going to continue to buy some bonds in the open market. that effectively is inremittal easing and going down the road of cutting rates. >> stuart: that's taking money out of the economy, which is what they're doing now? if they stop doing that, they'll be putting money into the economy? that's the equivalent of a rate cut? >> effect ily. it's like own ago bond portfolio and it matures and you r e-psychoand will buy it new bond. what they were doing was letting the portfolio run off and going back and buying more bonds. that's effectively monetary e asing. stuart: it is. that's interest. jason, good stuff. see you soon. lauren: lauren. the one that sneezed. stuart: i was about to say bless you. lauren: sorry.

it just came up. stuart: what's going on with tesla? lauren: musk announced more l ayoffs offs and they're coming n waves and fourth straight week of layoff notices and stock is up 1%. stuart: it's up not because musk is asking buffet to buy some of the stock? lauren: that too. he's meeting with the head of argentina later on today as well. stuart: what's he meeting with argentina for? lauren: not sure. maybe someone that thinks the way he thinks and a hard liner. stuart: all right. tyson foods. lauren: around they go. 7%. worst day in a year and q uarterly sales and they're w arning that consumers are under pressure from the persistent inflation. that's how they put it. stuart: all right, microsoft on the prompter. what's this all about? . they're train ago new in-house.

lauren: the report is they're training in-house to train and google deep mind is leading in effort. stuart: they poached him? lauren: yes, they d. stuart: thank you, lauren. trump-appointed campaign warning for them joining tiktok and trump tried to ban the app a few years ago and looks like a ground invasion in rafah is imminent. protests at harvard set a 5:00 p.m. deadline today for the university to begin negotiations on their demands. it's unclear exactly what will happen if the school does not concede. molly line has the report and she's at harvard right now and she'll be next.

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to save up to $830 off an eligible 5g phone when you switch to comcast business mobile. don't wait! call, click or visit an xfinity store today. stuart: anti-israel protesters at harvard set a 5:00 p.m. deadline for the university to begin negotiations of their demands. molly line is at harvard right now. what exactly did the protesters want? reporter: well, they want similar -- they're making similar demands to other p rotesters all across the country. divulge all of the investments in israel, divest from israel and also no consequences for students. that does not seem to be part of harvard's plan. the interim president now responded to this group and probably to the community at large just publishing a letter today he writes "the continuation of the encampment is a significant risk to the environment of the university and those that wow. participate

in or perpetuate its discrimination and will be r eferred for voluntary leave for the schools and that's broad implications for the students". may not be able to sit for exams or stay on harvard's campus in housing until re-instated. he goes onto say that there are many ways for the community to engage constructively and reasonable discussion of conflict issues but initiating this difficult and crucial conflict doesn't require conflicting with the environment and the student group that's created the encampment is harvard occupying poll stein and they've not been clear what their next steps will be if harvard leaders do not endanger in the negotiation and it's going at 5:0 in the afternoon. with some universities that hae cracked down on the protests like at the university of virginia over the weekend, state police moved in and arrested more than two dozen people trespassing there and others have agreed to meet some of the demonstrators' demands including brown, northwestern, university

of minnesota, and rutgers in new jersey where the tents came down after school leadership cut a deal with demonstrators to accept ten displaced gazan students and arab cultural center and work towards establishing long term ties with the university that's in the west bank. the demand to divest from companies doing business in israel now under review. one new jersey state senator says the deal set as really bad precedent. >> how about simply asking the students before we do anything condemn the fact that people have been kidnapped, children, senior citizens, people were killed and raped. no discussion of that at all. just simply saying what are your demands and we'll do 80% of your demands. it's a terrible, terrible message. reporter: harvard commencement is may 25th and this and other

universities are facing these issues all across the country. stuart: they're telling people to evacuate eastern rafah as they gear up for invasion. lieutenant colonel joining me. israel appears to be ready to take raffa fade pattern. they're going to do it. what will the reaction be in america and the democrats and president biden? >> well, that's already bake intoed the israeli decision. if they -- if they're going to go in, they're fully prepared to live with the consequences of that. look at track record. the international community and the protests and governments have tried to restraint israelis all along the way and there's no evidence that that's ever actually been impactful because again, from the israeli perspective, the only reason why this government is still in power and hasn't been thrown out is it's been consist in the one goal, which is we're going to defend the ziti ragaini ellie

people. i don't think they'll be deterred by external influences. stuart: senator biden is warning about the influences. >> in terms of his campaign, you know, i am thinking back and other people are making this reference that this may be b iden's vietnam. i worry very much that president biden is putting himself in a position where he's alienated young people and a lot of democratic base in terms of his views on israel and this war. stuart: okay, colonel, is gaza biden's vietnam? >> flip the script and the other perspective and what happens if joe biden walks away from i srael? are our most long standing and a crucial strategic ally. there's an old saying, never take a hostage you're not

willing to shoot. threaten to pull up and walk away from the israelys if they don't do what you want. this is a guy that walked away from afghanistan. we get it. afghanistan. you walk away from a key ally, what are you going to -- what do you think that's going to do to american credibility and walk from a key ally and not in the strategic interest of the united states and back home and i think that's suicide. maybe you resign and go live in delaware and maybe you take the hit and go down but you walk away from israel as the president of the united states truman comes back from his grave and strangles you. stuart: what's happening at the convention in august with the huge split developing here? >> i predict the more we look at demonstrations increasing universities that are in the

students and we see the immense amount of money poured in from soros and gates and people like that, it's clear to me that the next phase of that organized campaign of violence and intimidation is going to move from the campuses to chicago and chicago's going to look like ' 68. but the difference is in '68, this was bottom up. this is push top down. i've said this before on your show. i think that the radicalized portion of the democratic party is perfectly happy to lose an election bring down biden is then they'll turn to the democratic party saying we own you and if you don't do this, we'll own you again. stuart: strong and amazing s tuff. james carafano, thank you very much. see you soon. >> thanks for having me. stuart: they've taken the news

channel aljazera off the radio and air. ashley: benjamin netanyahu said the supporters had harmed israel and cited a mother calling the press out for a hamas m outhpiece. the israeli ministry of communication said it had closed network's jerusalem offices and confiscated the equipment and the networks have broadcast on cable and satellite and access to the websites being blocked and workers calling that closure for a criminal act and democracy for the fist time israel has b anned in foreign media outlet. stu. stuart: thanks issue ash. check the markets again. almost two hours it's been open and dow is now up 50 and nasdaq holding onto a solid 109 point gain.

take a look at boeing, please. boeing launching nasa astronas into space. this is the final test to determine if boeing can conduct routine flight tots iss. launch time, 10:34 p.m. eastern time. looks great going off at night. coming up, warren buffett issue ago big warning about artificial intelligence. why he's comparing that technology to the awetomic b omber. saturday night live taking aim at anti-israel college protests roll it. >> like a rabbit having it in class. let me find out she's in one of them damn tents instead of the dorm rooms i pay for. not talking about free this and free that. i tell you what isn't f ree: collum columbia. i tell you that.

stuart: joe concha having more on that after the break. ♪

stuart: two hours worth of business and big gain in horning in the nasdaq and up 104 points. got it. now, big tech all over the place but mostly higher this morning. i do have alphabet and apple on the downside. me taxer microsoft, amazon small gains and meta up $6. bitcoin, where are we now? $63,385 per coin. tonight is the met gala and one of the biggest nights in f ashion. why is this year's event so controversial, lauren? lauren: tiktok is sponsoring it and very strange fellows and the elegant editor of vogue and the fashion magazine and it's embarrassing a technology company. letting a chinese tech company the u.s. wants to ban if it doesn't divest in the chinese ownership and not only sponsor this gala and made its ceo the

honorary chair of it. the fashion world needs money and it could be $5 million to sponsor it. stuart: the chinese communist party with the fashion industry of the united states. aren't they proud. staying on tiktok, trump campaign debating who are not to join the app. trump wanted to ban it a couple of years ago, what changed? ashley: how thing haves changed and trump has criticized similar ban efforts signed into law by president biden saying, look, a tiktok ban in his opinion would mostly benefit facebook, which by the way he partially blames for his election loss and had a bit of change of thought, plus there are concerns that such a ban could hurt his standing with younger voters. trump would be, if this goes through, one of the few high p rofile republicans to actually use the app, which many in his party have attacked over c oncerns that the chinese government could use it on americans and spread propaganda

or both. according to the washington p ost, discussions within the trump campaign have centered on whether the benefits of being on tiktok would outweigh the criticism and would primarily come from reps and those in t he -- republicans and those in the intelligence community and trying to figure out how trump's brand could be translated to tiktok, a young person's app with a basic cull all of its -- culture all of its own. don't cut it out yet says trump campaign. stuart: south dakota governor kristi noem is talking about the governor. >> did you meet kim jong-un? >> when this was brought to my attention, i certainly made some changes and looked at this passage and i met with many, many world leaders -- >> so you did not meet with kim

jong-un is what you're say something >> i met with many, many world leaders. i'm not talking about my specific meetings with world leereds. i'm just not going to do that . this anecdote shouldn't have been in the book. stuart: joe concha is with me. kristi noem is known for s hooting her dog and now this. they're removing the reference from the book and seems like the damage is done. what do you think this does to n oem's political future? >> this is an implosion and the likes we've not seen in modern politics. make no mistake, she's finished as a vice presidential contender for donald trump and presidential candidate. that's for sure and probably couldn't even get reelected in south dakota at this point and thankfully she's term limited. is the governor more to blame, the governor thinking it was a good idea to share she walked her dog out to a travel pit and murder it had by shooting in the face and her editor and publisher thinking that was argute idea. how do they have a job at this

point and saying she met with kim jong-un and as easy to fact check as anything on the plan and the she did not. if she met him, then joe biden was arrested trying to see nelson mandela in south africa. both are blatant lies and the difference between genius and stupidity that genius has limis and stupidity does not. democrats, republicans, independents and everybody, especially hates the dog story. she should really just suspend her book tour at this point and that interview on cbs was an absolute train wreck. stuart: well, nicole is p robably -- noem is probably out as vice presidential pick for donald trump. who do you think he'll pick? >> boy, who i think he should pick and who he probably will pick are two different things. he should pick glen youngkin, the governor of virginia and

close second to ron desantis of florida, but in the end he'll probably go with tim scott, the senator from south carolina and that's fine. i just think december or youngkin can see more as president in 2028 than perhaps tim scott and whoever he chooses as vice president in four years, that's going to be the gop front runner if trump wins. stuart: saturday night live roasted anti-israel protesters at columbia university, roll it. >> less she better have merri bowl butt in class. brother man, i'm supportive of y'all's kids protesting, not my

kids. my kids know better. she ain't talking about free this, free that because what ain't free: columbia. stuart: that was funny, joe. did you see it? i laughed at that and thought it was effective. what do you say? >> yeah, i'm too old to say up late on the east coast with all my kid's sports and it's good for saturday light live to call this out. by the way, many of these p rotesters are not students, s tu. they are bought and paid for by organizations backed by purely evil men like george soros and seem to have no idea what they're protesting and a day of rage is being held on columbia's campus by the protesters and we have the news this morning and you've been talking about this spring's commentment ceremony at columbia and follow rules and in the credits and set to graduate and that day is taken from the students and their parents

alike. imagine being the parent that dropped something like $350,000 for a degree that may be deemed toxic by future employers and good for saturday night live for mocking them at this point and they're taking the biden administration to task for cutting ammunition supplies to israel and bernie sanders is credit and this is joe biden's vietnam and 1968 all over again and it'll be worse in chicago and oral media providing car seen to already raging fire and chaos and donald trump is the guy that more people trust of law and order and joe biden and campuses and border when it cops to major cities and crime that we've been talking about for months and months. stuart: joe concha, see you s oon. the biden campaign wants more men to join the abortion

conversation. we'll explain that . artificial intelligence taking center stage at annual auto conference in chicago. there's a robot bartender that can make you a drink based on how it interprets your mood. kelly sabari has the report right after this. ♪

stuart: the dow is up 40 points and had been up well over 100 and look at nasdaq doing very well up 120 points as we speak. warren buffett issuing what some call a chilling warning about artificial intelligence. ashley, you better tell us what he's saying. ashley: yeah, warren admits he doesn't know much and he's a bit

clueless and wear reigns leading about ai and 93-year-old billionaire investor admits i don't know anything about artificial intelligence and he did compare the technology to emergence of pneumolarra weapons ominously and saying that the genie is out of the bottle and we may wish we'd never seen that genie or may do woppedderful things and also talked about enormous potential for scams u sing ai with ai crime with the industry of all time and in conclusion mr. buffet believes artificial intelligence has enormous potential for good and harm. and has absolutely no idea how it's going to play out. this. stuart: that was helpful. thanks, ash. the company's largest automation trade show opens in chicago today. and yes, of course, this is all about ai. kelly sabari is there for us. kelly, i want to know more about the robot bartender.

what do you got? . stuart, it's 5:00 somewhere and we got this kicked off and the robot can make the drink and i have the ceo from south korea with us who developed mix master moody. tell us about this. >> okay. this is the first a irobot barista is and we launch it had in the show last time and this is the second time and it's really customized the back h ander and based on that mood that's why we call @ moody. call it moody. i tried to trick moody by acting grumpy and it knew i was happy to be here and creating me the joyful jive. it's halfway done and gives me the percentage of the robot making the drink. talk to me more about what different elements of ai and these unique robotic fingertips,

how they come together to create this technology. >> three different state of them and first one is ai in a microsoft and going with that on our picture and this is one to cover and cover with the cover and this is the gripper. three different states of technology and going for all them. reporter: fascinating stuff. yes, we'll have to try it off camera, william. stuart i want to let you know, tuning fork san has quite a f ew -- tucson has quite a few projects include ago robot drummer with a full drum set,

cake decorator and barista as well. william, thank you for being with us. stuart, back to you. stuart: kelly, thank you very much indeed. bartenders usually act faster than that. lauren: that was painfully slow indeed. no tip. stuart: the secretary of air force. lauren: ryan kendall. there he is. stuart: he just made history u sing ai. lauren: sat in the cockpit of f -16 flown by artificial intelligence and he love it had and was impressed and would trust it to decide whether to fire weapons. that's a big decision. the air force plans to use artificial intelligence to fly a fleet of 1,000 similar jets by 2028. i know it sounds scary and definitely expensive but the idea is that unmanned aircraft could provide an advanced a ttack, could penetrate air space without risk to human pilots. and mr. kendall said it's more of a security risk not to use ai and other countries are.

stuart: the decision to fire would be taken on the ground. lauren: he said he would trust this artificial intelligence to make you with a judgment call. it would not be happening. lauren: warfare has changed.ed stuart: it's that time for a look at dow 30 and fairly even split but a few more buyers than sellers and dow is up by just 56 points. a new poll finds more than half of american catholics prefer trump over biden. that's different from 2020 when catholics were evenly split right down the middle. so what happened? our resident theologian jonathan morris take it is on next. ♪

stuart: joining us now, you're on now, by the way. jonathan morris is resident theologian. i want to talk about college p rotests and you're a christian, catholic, what's your message to jewish students facing this dreadful anti-semitism? >> be jew and i shall be proud of being jewish. and ironically where there's

persecution, there is resilience and growth and identity. that's happened not only among christians, just think about the persecution of the first few centuries after jesus. the beginning of christianity as such. there was a massive growth but look at jewish history in the beginning and pre-babylonian time and 60 years before christ and massive persecution and during that time, massive persecution during the roman empire and massive persecution and many people in the evil period and all the way up till today and where there's persecution, there is forced reflection. who am i? when you have an identity, you have resilience. i see this. i do consulting out for business executives and first time in my life they -- that i've heard adult jewish people saying be

jewish. be jewish and proud of it. that identity will give you resilience. stuart: what should we as christians do in this situation? >> we should invite our jewish friends to be jewish. and to be jewish un-abashedly. that's what we need right now. in the united states of america and the jewish people -- what are they most known for right now? asking people in this industry, what are jewish people known f or? number one would be success. and they should be un-abashedly excited about that and secondly persecution of the holocaust. they go hand-in-hand. stuart: left hand side of the screen is usc and san diego and looks like the police are moving in to -- into the demonstrators. there's a confrontation at usc. one quick one, jonathan, this is

california. 5% of catholics support or lean towards donald trump over biden. in 2020, it was a lot closer. why have so many catholics s warmed to trump? >> i would say democrats pay attention to that because unfortunately -- i would say unfortunately the catholic population is pretty representative of the entire nation right now. i would say unfortunately and the catholic have more of an excite we believe in this if we're going to vote on this and wishy washiness and i would say if 55% of catholics are saying we're going to vote for trump, democrats be careful. that should be a warning and that should happen come november. stuart: there's no action taking place here. moving the barriers and they're facing off against the police who are on the other side there

and happened to be walking away by the looks don't back off from that. thanks very much, jonathan. i'm going to go now to the monday trivia question. little complicated but it's a good one. what is the longest number sequence memorized within one minute? in other words what's the record for memorizing a number sequence when you've got 60 seconds to remember it? can you remember 342, 398, 441, 486 words? letters, numbers? can you memorize that within one minute? what's the largest number? we'll be back. ♪

wi >> i hope you can understand the nature of this question what is the longest number sequence memorized within one minute, in other words what is a record for remembering another sequence, you have the honor of being first. >> i'm not sure i understand what i'm going to go for number 3441. >> jonathan should know the answer to this one.

>> 777. >> as long as it's not 666. >> i definitely agree that ashley is right it's definitely not three and going with number one. >> i'm feeling a different 398. stuart: there must be some genius who memorized 406 numbers in one minute. 342. from pakistan set the record in the longest number sequence memorized and four seconds is 30, that is the record, your four seconds, that's pretty good, photographic memory, unfortunately we are out of time that was fun jonathan, lauren, ashley, wonderful stuff, "coast to coast" starts now. >> thank you stuart, many worries so many no