dividend comeback play. >> tiff, got to be quick. >> koran ferry, up more than 30% of the year. >> all right steph? >> dxc. >> all right. >> and doc >> rocket. rkt, judge bought it during the show. >> good stuff. thanks for watching. "the exchange" begins right now. >> yes, it does. thank you, scott hi, everybody. we have a whole lot ahead. stocks are pulling back midday but only after hitting record highs. will stimulus go into 2021 or is it no longer needed and is it maybe doing more harm than good? we'll debate and the profit and ceo of camping world marcus limonies joins us, the consumer, the ppp and his dreams reviews are bad and downloads great for hbo max. all ahead in "rapid fire" but

let's kick off with the markets and where we stand this hour bob pisani has more on that for us hi, bob? >> and kelly, happy -- happy tuesday. quiet on the vaccine front but a lot of talk on stimulus and whether or not that's going to inning cha let's take a look at the markets. the dow and s&p were at new highs. the russ sell a little choppy, down three days in a row keep an eye on that. cyclicals, like industrial stocks, caterpillar, energy stocks week mid-morning, 1220. headlines, mcconnell rejects schumer's aor request that the senate approve the $2,000 payments by unanimous concept. lost ten points on the s&p on that headline though we're come off the lows of the day so stimulus still matters in the news take a look at the sectors banks, modest gains for the month but overall, you know, still down about 13% for the year energy has been in a downtrend for last few weeks, that's the worst performer on the s&p, probably down 35% for the year and industrials have stopped

going up for the last month or so that's interesting they were a big performer september, october, mid-november not anymore, and, of course, tech the outstanding performer all year, up 40% i want to remind everybody that global markets have been rallying for the last several weeks. we're at new highs in germany today and new highs in taiwan, the nikkei a multi-decade high over in japan, small country, emerging markets like vietnam, strong on the weak dollar and even china, the csi 300, it up 25% or so this year. the big performers it's tech semiconductors dominated virtually everything this year they are in everything that's why you can see the moves up though they haven't been as strong and look at the moves up for the semiconductors and, of course, the mega caps in 2020. what can you say in the top five companies in the s&p 500 have market caps, total market warnings all five of them, of about $20 drilloff.

we're missing facebook on the bottom to. alphabet is also up 33%, and that's about -- those five companies are about 25% of the market cap of the s&p 500. 5 out of 500 are 25%, and when you wonder why do we keep bringing up these stocks every single day is that the only thing? no, but that's what really matters and actually most of the broader indices. guys, back to you. >> yeah. fair enough, bob we'll see you again in a few minutes. appreciate it. bob pisani there as the market weighs the possibility of even more fiscal stimulus coming once joe biden takes office as president, the prospect of more directstimulu checks is causing controversy and splitting the parties on the issue. republican senator marco rubio in favor of bigger household payments though his party largely does not here to debate the merits bill rogers is a professor at rutgers university and the former chief economist at the labor department under president clinton and peter boockvar is

with the bleakly advisory group and cnbc contributor welcome to you both. bill, let me begin with you. bill, do you think $2,000 is too much do you favor more direct checks in general, or do you think that this was not targeted enough is to those who are suffering directly from the pandemic >> yeah. i think that the $600 is -- is just -- is too small that we need to be something closer to the $2,000, and the reason why or a set of reasons why is, one, families that are at or below $70,000 in income who would get this full $600, you know this, would only cover roughly one month of -- of food and maybe a little bit more than a month with regards to housing, and -- and our public health officials dr. fauci and others have said, you know, we have a rough few months coming ahead, and so, you know, something closer to 2,000 will help these families, you

know, to get through the next few months >> before i turn to peter, bill, i just want to read you what larry summers has said again, somebody pushing for fiscal stimulus, pushing for it for years but not in favor of the $2,000 amount. he says we already have seen household compensation almost back to pre-covid level. checking balances as of october were higher than they were a year ago for the lowest quartile of earns 25% higher 1.6 drill cron in excess savings and $2,000 checks would put household income at 15% above normal i mean, is you a know, that's -- that's a huge aberration so his point being we're on our way back to normal in 2021 without these payments he thinks they don't make sense from an economic point of view what would you say about that? >> having had larry for macro economics in graduate school, you know, he's a very, very wise

man and i worked with him while i was at labor department and his staff and have a great deal of respect for layer, but on this one i think i do have to disagree that my economics is that, you know, we went into this pandemic recession with income inequality at all-time highs. we cover a group of asset limited income and chernd employed and these are people who live at or below the living wage and they had tremendous difficulties at the beginning of the pandemic you know, many of them couldn't pay that unexpected $400 bill that could come. >> right. >> and so this -- so the benefits of providing additional stimulus, it's really removing back not from stimulus, moving back to relief, you know, that

if my view would be different if we weren't facing the next few months of what dr. fauci and others have said we'll be experiencing which will put a drag on our economic growth. >> peter, i'll bring you into this i just want to point out that larry, jason furman, others, they are all in favor of extending unemployment benefits. certainly any targeted measures that help the people that bill is referring to directly affected by the pandemic the concern is about a lot of americans who will get these checks without that need necessarily, but what would you -- what you say, peter, about the whole scope of this debate, the direct checks and prospects of another stimulus relief bill, whatever you want to call it >> well, because it's going specifically to people that are already working, it's essentially a tax cut. the people that really need help are those that are not working and a lot of small businesses like local restaurants and dry cleaners and so on that have essentially been put out of business by local

decision-makers, so i would rather help those than -- than necessarily helping -- now i'm all for a tax cut. i'm all for keeping more money within the private sector but if we're going to pick and choose here, we're giving that $2,000 is giving more money to people that are already working i want to help people that are not in those businesses, and i want to add just a broader thing here because by going to $2,000 is going to add another $400 billion to this spending package, and i want to talk about the dollar because this exploding budget deficit as a percent of gdp continues to depress the value of the dollar. here i'm holding up a dollar over the last four years the value of this dollar is down 13%, so this dollar buys -- the dollar is -- now pays 87 cents worth of what it would have bought, and if this continues this kind of spending, that dollar depreciation is going to continue, is which is inflationary and reduces the

purchasing power of it and while we can say money is cheap and let's keep spending, spend, spending, there are limits here to what we can do without causing seer crouse long-term damage and the value of this dollar and the inflation that this brings. >> that leads us right into hour next discussion. we'll leave it there peter, looked a little crumpled. looks like it's been sitting in your wallet for a while. we a your time today, kind of fleshing out a bit of the debate. the stimulus has given a above the but can it do more harm in the long run than good as peter said referencing the dollar heard this concern from interactive brokers thomas petterify who was on earlier today. >> certainly they need it, but the problem is that i don't see how they are going to take this money back, so i'm worried about the dollar becoming worthless or

certainly worth less than it is worth today, and on the long run that should obviously drive up the stock market because when money is becoming worth less then the stocks are nom family becoming worth more so the stock market i expect is going to continue to rise in -- in the next two or three years to come, but not -- not compared to maybe cold or bitcoin or -- or other measures of value. >> yeah. gold, bitcoin, playing cards mark smith is joining me now, vice president and portfolio manager and paul chryst fer ahead of global market strategy at wells fargo investment institute. it's good to have you both here. mark, i know you've been a buyer of gold but for quite some time now is this because you sherritt concerns we just heard from thomas petterfy, or is this just

kind of a general portfolio hedge for you? >> i think you should have more gold than -- than ever in an economy that is based upon stimulus if you can't have positive economic growth without a $1 trillion deal getting passed in congress, then we have serious problems, and so until that changes, we -- we remained bullish on gold because of that fact. >> okay. so, paul, let me bring you in as well i mean, from a traditional portfolio kind of asset allocation point of view, listen, a lot of people will say,i live in the u.s., stocks are priced in dollars, do i really have to worry about the low value of the dollar. we experience it in a lot of different ways as we run up from the cost and we have less purchasing power for things like gold or, yes, even bitcoin or any other commodity or anything that's priced in dollars paul, do you think that it actually means that the stock market gains that we're seeing are not quite as valid because

they are kind of the flip side of this weak dollar coin >> well, you'll always find some portions of your portfolio that are doing a bit better than others and certainly there are still companies that are making good products and there's productivity growth in this country. we still see a good future in u.s. equities and we wouldn't be changing that. we would agree with mark that there is prospects to do better so we add that we're favorable in commodities back in march and do recommend a 2% to 4% commodity allocation depending upon the investors potential or particular risk tolerance, so, yes, we do believe in stocks yes, we do believe in the u.s. economy but we also think that part of that broad portfolio should include some gold at this point. >> i mean, mark, at what point -- so i'm curious as well where you would be in the market because a lot of people who are worried about this dynamic, even a little bit would say, you know, that's why you want to be in things like industrials, materials, maybe financials if this is kind of a best case

scenario worst case scenario we start talking about inflation and maybe the market multiple comes down and that sort of thing. i'm curious given what you've said about your concerns with gold, where that leaves you on what else you should have exposure to. >> yeah. you definitely have to have a diversifiedf diversified portfolio. going into to 2 is you've got to own the health care. if what is going to get us out of this pandemic is a vaccine, why don't people own some health care stocks? got to own health care, industrials, although it's kind of flat right now for the month. i think that if you look at the emerging markets, look at china, they are doing unprecedented spepg spending, so i think there's a lot of opportunity in that sector for 2021 and if this vaccine starts to work and we do a good job at it and we start to go back to normal, you need the consumer discretionary, the airlines and cruises and stocks

will continue to do well so that's what 2021 if this vaccine is effective and if it can get into the arms of people around the country. >> all right paul, before we go, let just bring this back full circle. i mean, what do you think happens to the dollar here what do you think happens to inflation and bond yields? you know, is the market too case ent? >> well, probably in the longer term that's seven months away growth is the what matters if we can get economic support to help support spending and growth in this country that should drive earnings. we do have $175 eps target earnings per share on the s&p 500 for the end of next year, a pretty good number and good reason to hold stocks. we would agree to hold consumer discretionary and also agree with mark on health care and would add materials just in case we see further growth in 2021, but we also want to play the technology trends that we think have accelerated over the last year so we think that's sort of

split. that sort of division gives people investors a good division or good way to play both growth and some of the trends that are still going to be with us for a while from the pandemic. >> all right we will leave it there gentlemen, thank you both. paul chryst fer and mark smith for even more market commentary including a warning for small caps from mkm partners head on over to cnbc.com/pro. coming cup, we'll speak with marcus lemonis about the state of small business, the consumer and his new streets of dreams and two big wins for stream. amazon scoring with its nfl game and hbo max seeing some love from "wonder woman" even the reviews haven't been that great. those stories are both ahead stay with us here on "exchange." these days, we want sophisticated but simple.

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influencers. >> wire you the money and move on >> there's terms and commissions, shoutouts. >> you get a little discount. >> social media changed a lot for me. >> and there you have it that was a taste of streets of dreams with marcus lemonis premiering tonight it's marcus exploring iconic centers of commerce and culture across the country he meets entrepreneurs behind all the local industries and joins us to talk about the state of business overall and much more good to see you. >> your stock up 990% and so much to discuss. welcome. >> thank you, kelly. i want to know where your gold chains are >> i'm learning a lot about the pricing of gold. you see people piling into

bitcoin and anything they can get their hands n. is there a sense that people is like everything is going up in value and we're worried about the dollar i don't know do you fet any sense of that or is that sort of like a side issue. >> i think there's a lot of confusion of what things are worth and you'll see when we go into the diamond district to figure out what a diamond is worth. still pretty vague to a lot of people and i think understanding how these economies and industries move, the diamond industry has been terribly hurt in 2020 us a would manley. right? people aren't spending money on things like that they are spending money on things like campers, so we're dealing in a different time right now and we wanted to go out and show people how we can pull back the curtain on different industries whether it's the diamond business and go down to mime and south florida we'll visit a lot of different cities and people len joy what happens behind the curtain >> yeah. one more question in this vain

while i'm thinking about it. have are you ever thought of buying or do you own bitcoin, marcus do you have like a financial adviser who says to you, you know, you've got to think about getting in or, again, do you just kind of keep an eye on it like everybody else? >> i am still fascinated by this whole idea behind bitcoin and i don't ever like to question people's thought process behind it but i'm into good old-fashioned cash so my financial adviser, and i don't have one, but if my financial adviser told me to get into i would say is it better than cash will it give me a higher yield, and it looks like in certain sectors the answer is yes, but i'm still scared of t.mark cuban and i were trading tweets about it and i tried to stay away from it it's too complicated for me >> i take your point that the profit doesn't need a financial adviser. you are the financial adviser. what do you think about what we've just passed again? we've talked a lot about the need for areas like restaurants of direct aid, but the

restaurant specific aid bill was not in this covid package. the direct checks were we were just debating whether that's the right way to support the economy or whether it should be something more targeted ppp kind of akeefs some of that, but is this all going to help and help how much do you think >> i'm a capitalist at heart and what we do is we promote capitalism, and the idea that this government money is a form socialism is kind of nonsense to me, and part of the reason is that it is that in a normal time if people weren't making and their business wasn't surviving, again, i get it, let them die, but n this particular case where they have inflicted with pain that they have no control over, we have to solve the problem for them and you look at the waterfall of businesses affect it had and clearly restaurants are right there at the top of the chart. you know, we started a fund a little while ago and put $500,000 to go directly toward businesses and put another 500,000 in, and we can keep

putting money in but if the government, local, state and federal don't start acting like this is a approximate we're going to have a bigger problem and that's the commercial real estate market and the trade payables that are about to get cooked and that collateral damage will be insurmountable on the real estate side. >> how do we best avoid that then as shb who is on the front hine of business across multiple bits of industry, and we can't even imagine what's the going on with the economy this year, what's the best way to do targeted relief to avoid that outcome >> i'm never a fan of raising the national debt and we need to find a way to stop bleeding and if we need to come up with a alternate form then we'll claw that back. the money will go into people's

bank you a couldn't, create jobs, create jobs, do other things if we don't do something finger, especially like -- we'll have a problem that i've never and when the bubble happened on commercial banking side and loan side this, could be much more could the traffic because unemployment will come with a bigger wave. pile in as much money as you possibly can into the local-mile-an-hour street and economies to get the air back in the balloon, and if those folks can't figure out how to survive after, that you know, we can't help everybody all the time. >> right interesting. interesting. kind of getting, it like you said kind of get considering much in there right now. i nope you're a busy kay appreciate you taking the time and looking forward to the new show. >> thanks, kelly, happy new

year. >> you, too, marcus lemonis is "the prophet" and his new series "series of dreams" debuts tonight. still ahead, mass hand washing, social distancing the coming up a look and talk about air purifiers. it's been a -- wlle' chart its move next on "the exchange "the " logy company in china it creates a more efficient, effective, and engaging personalized education experience for teachers, students, and parents. we are so honored to have 17 education & technology join the greatest new economy companies on nasdaq to make the world a better place.

welcome back to "the exchange." dow was up 184 points at the highs when we were in record territory for all at a., but we're turn lower with the dow down a quarter of a percent. health care leading the way and energy lagging by 1% but it's a mixed bag across the sectors here's a move that we're watching shares of the online insurance company lemonade are higher with 44 million shares becoming eligible for sale today. it's that lockup period expiring from the ipo the stock has been down significantly in anticipation of this event down double digits yesterday so a little bit of a relief real up 7% today let's get to morgan brennan for a cnbc news update. >> hey, kelly. here's what's happening this hour an overs on the scene of a fatal

shooting of andre hill said she saw no threats by hill prior to the shooting by officer adam coy. coy has been fired being accused of incompetence and gross negligent of duty. the department of transportation will reportedly announce technology meant to stop train derailment is in operation on more than 50,000 miles of tracks coming mandated the positive train control. and soldiers are helping to evacuate a nursing home after a morning earthquake in croatia. lawmakers fled the country's parliament building as they, too, felt the quake. and on a happier note here in new york city, new year's eve preparations continue in times square with a confetti test atop of the hard rock cafe's roof

the if ruff ever been at times square for new year's it's more enjoyable to watch it on tv rather than to be standing out in the call. >> it will be eerie to see the ball fall in the middle of nowhere, don't you think >> it feels like the way you would expect 2020 to be capped off. >> i agree with a whimmer >> thank you so much morgan brennan, the average rush for this year's ipo, what is driving this year in a year with inpredictage economy movie choice and intel spending to it the latest criticisms.

we'll have that when we come back don't go anywhere.

ful. welcome back let's catch you up on a few stories that should be on your radar today. it's time for rapid fire

here to break down the headlines leslie picker, bob pinsy and deirdre bosa welcome, everybody the first up, to 20 was one for the record books including for the ipo market despite a lull in the first half, $170 billion has been raised this year the most ever, rivaling the high of the dotcom bubble when adjusted for inflation. leslie, why the appeal this year in particular? >> and what's remarkable about those statistics which include both operating companies and spacs, i should add, is the fact that there was basically no activity in the first half of the year the activity really started ramping up in earnest in june, and so when you think about it, we're real looking at basically a half a year amount of activity that has surpassed so many decades worth of activity that we've seen in years by any other measure. in '14 we are alibaba's ipo and large ipos in between then and still in this year, in this pandemic year, we have $170 billion worth. a huge driver is the fact that

we've seen such a remarkable surge in spacs this year half of that have 170 billion encompasses blank check vehicles that were raised to fund acquisitions in the future and the rest of it is operating companies like snowflake, doordash, airbnb, three of the biggest once that we've seen this year. what's driven that surge was your question, and it's this idea that we've seen just a huge rise in it the equity markets which help mark up the valuations that companies can get by going public. there's pretty muted volatility so that helps with the pricing dynamic as well, and then just as you mentioned before, there's an insatiable appetite for listings right now the average performance is also 50% so when wall street is happy and the companies are happy, you know, you're just going to see more these in the future that's a list of upcoming ipos in the pipeline for 2021 >> would be, what would you add?

i mean, again, this is now -- like leslie said, usually kind of flows follow performance or so to speak so should we expect next year is even bigger, or are these things even going to come back down to earth >> look what's going on here what's happened this year is the overall value of technology stocks and biotechnology stocks has increased. covid has made this even more valuable, and if you look at the offerings, it's very heavy on biotech and technology stocks, so that's a major factor the answer to your question it's continuing into 2021 look at this stuff just in january the billion dollar companies like qualtrics, online game developers, petco health, the pet health retailer, this is all in january and leslie's point comeback in the

economy, if things go south, none of this is going to happen but as of a now i think it's fantastic that we have three outlets, ipo, operating company, spacs and, of course, direct listings which are now able to raise capital, at least on the new york stock exchange. i think it's going to be terrific >> yeah. i'm most impressed by the fact that renaissance don't even get allocations of the ipo before it goes public. wouldn't that be nice. they are just coming in like several trading days later and they are still up double this year, 48% on average it's really something else let's move along and touch about what a touchdown it's been with amazon with the nfl game last week saturday's matchup between the san francisco 49ers and the arizona cardinals, the first to air only on streaming and now the ratings are in guess what the streamed game drew an average audience, apples to apples, of about 4.8 million viewers. the four nfl network games averaged 5.6 million

some said the streaming feature was glitchier that they simply didn't have access which seems like it's still a huge issue i can barely figure out how to get amazon on my tv. you know, is this -- is this a preview of what's to come? will we have to routinely find nfl games, especially when they add a game next fall on our streaming devices? >> well, i think it's only a matter of time how quickly that happens or doesn't happen is certainly up for debate and what you saw from the first streaming only game is that it's not going to happen overnight. you mentioned, kelly, that some people were complaining, the twitter verse was all up in arms because some people could not get their crystal clear football the there were issues streaming it and that's really important for sports fans and that's sort of why sports, live sports has sort of been the last holdout, why folks are still keeping their cords, right they are not cutting cords completely because of live sports so the fact that there were some issues that still need

to be ironed out, i mean, it's not going to happen overnight but the fact that like you said you're streams more than 800 million minutes during the game. that's incredible. that figure would put it in the context for nielsen's top ten streaming and this is only first with you certainly heading in this direction. how quickly does it happen when espn's current contract for "monday night football" comes up next year, perhaps not that quick will you but, of course, something that we continue to watch. >> yeah. this is much ado -- >> we need to see more and more of these other platforms. >> exactly this is much ado about nothing oh, i got spotty on my twitter amazon is a player amazon competes against the networks amazon is a major competitor in the movie business do you think that's not going to be a major competitor in the sports business? you've got to be kid considering me all right, it's unfortunate that their twitter fluttered a little bit. that's going to go away. they will get better at figuring that out, but if you think

amazon, you know, suddenly is not going to be a major player, they are so everybody get used to it. >> i agree. >> does it bother you, bob >> there's no magic bullet. >> we've overloaded him. >> go ahead. >> we'll come back in a second. >> we were talking about -- >> was that me >> no, you're fine hold your thought. a pair of holiday movie releases did lead to a downloading bonanza for two streaming giants we've got new data from hbo max that they set a single day record for app downloads after the release of "wonder woman 1984." more that 240,000 people downloaded hbo max on sunday as a result and rival disney plus saw its holiday surge 28% compared to last year. warner media, of course, has been slammed by a lot of people in hollywood for releasing these films straight to hbo max. guys, it is seems like they are

getting exactly what they went leslie, look at disney's valuation because of streaming if hbo max needs to succeed and it does, then maybe this gamble is worth it. >> so i was thinking, you know, because so many people are like i've saved all this money in 2020 yeah, me, too, and then i go back and i remember all of the different streaming services that i subscribed to and realized that actually i haven't saved any money in 2020 because it's all been redeployed into subscribing into everything that can absolutely help me occupy my free time. i did watch "wonder woman" and "soul" on the top movies to watch and people aren't traveling for the holidays they aren't maybe getting together with family that they otherwise would be and aren't going to the mall to see santa or doing other things so, you know, this is what people are using to occupy their time and especially during the holiday season where people are used to having other traditions, they

are supplanting them with things like watching movies at home which, you know, that's -- that's just 2020 for you >> yeah. bob, we'll give you the last word. >> i agree. >> i need an app to watch my ass. i literally don't know how much money i'm spending i'm literally lot. i could not tell you i really do need an app -- i think there are to tell you how much you're stepping on your apps but i'm lost. it's unimaginable amounts of money. >> yeah, same. >> got to get bob into a subscription settings. >> we need to hook bob up. >> and i want the results, next time you're on "rapid fire." give us a little personal diskwloesh you're. i want to know if it's over like $200 a month. >> are you kidding me? >> that's minor league >> this is a big news story the last couple of hours we've talked a lot about intel's strug unless year. an activist investor is going after them they are -- look at shares popping. actually having their best day

since after after daniel loeb's strongly worded letter asked them to explore new options. 4.5% gain, leslie. what choice will this leave them i'm sure investors still in the stock are probably saying thank you. you know, please, let's figure something out. >> here's what's really interestinging, and we really haven't seen much in the way of major proxy fights in 2020 there have been one or two smaller ones, but this is one that we'll definitely be watching if it does turn into a proxy fight. they say they are considering putting up nominees for election to the board in 2021 at the annual meeting, and they have, us a mentioned, written in pretty strongly worded letter to intel pointing out areas that, you know, they may have kind of fallen short, their ability to

retain customers, their ability to retain talent, all of these issues highlighted in third point evenings letter knott noting underperformance relative to peers over one three-year time horizons. intel responding in a statement saying they welcome input from all investors. they look forward to engaging with third point on their ideas towards that goal. now, what's interesting, and i would say what's one thing that's worth following, is that intel notes that considering these and other challenges they want intel's board to retain an investment adviser to evaluate strategic alternatives that includes whether intel should remain an integrated device manufacturer and potentially divest some of their, quote, failed acquisitions, so this is a big development in the world of activism this is a big development for intel. worth noting, reuters reported they have a bill crop dollar

stake. that's .5% of intel right now so they would need support from some other shareholders if they do indeed pursue the proxy fight option. >> pisani, wrap this up. >> you know, most of the time, quickly i'll just say, deirdre, i want to get to you but most of the time activists are fluttering their wings over nothing. loeb really does have a pain the average semiconductor is up 18%, intel down 18%. the last two earnings reports have been disastrous for the company so i think he brings up very valid points. deer drag, you were going to say something. >> go ahead. >> i'm surpriseded there's not more attention on the co.o. bob swan one of the biggest issues for the company is he's not an engineer he's finance guy and that has sort of the hurt them in terms of retaining talent, something that loeb identification and i think the stakes are just so high here. intel has been one of the greatest manufacturers that the country has seen there's nothing strategic sort of importance here so i think at the very least. >> yeah. >> shareholders are at least

glad and probably, you know, our defense and security officials are probably glad that something is happening >> you're right. you're absolutely right. we'll leave it there deirdre bosa, bob pinsy and leslie picker for this edition of "rapid fire." still ahead. we all know covid is an airborne disease but coming up we'll meet the ceo of a company that makes getting covid out of the air his business back after this break.

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keeping your oysters busihas you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo welcome back now with the distribution of the covid vaccine under way, the next challenge becomes how do make people feel more comfortable with returning to offices and other places it's where air purifiers could come into place and why my next guest is seeking emergency approval from the fda to help fight the pandemic for more i'm joined by the chairman and ceo of active pure technologies joe, welcome, and what do you need fda approval for specifically >> thanks, kelly

fda approval is important because it gives assurance that you're bringing medical grade equipment to everyday places like businesses, schools and homes. in fact, we already have it with our guardian where we demonstrated enormous kill rates against rna viruses and other pathogens and we're bringing it to the fda to approve it for specific tests on the sars and cov-2 virus. >> your client list is impressive including the cleveland clinic, mlb, you know, ounces, mississippi state, state capitol buildings, so it would seem like word is getting around regardless, right? >> well, it is -- it is slowly, but i -- i would say we're just scratching the surface on it, and there's a lot more work to do to try to help people get back to life as we know it >> what specificallically does your air filter do most of us concerned about going back into a restaurant, is it

the kind of peace of mind where i say, okay, i'm okay going no a restaurant that has an air purifier in it but i'm not with one that doesn't have it is it that kind of get out of jail free card or does it not make thingsone is it that kind of safe? or i'm sure nothing can. >> it complements other solutions but in a material way. we recently got our test results back from the university of texas medical lab where we killed 99.9%, more than that actually, of sars virus that was neb u liesed and killed in just three minutes. that creates an enormous safety net and while nothing's perfect, god help you if someone should cough in your face or something like that, it could be problematic but it would make a material difference in giving peace of mind to help businesses

reopen >> do you think if this were widely deployed, that would go a long way towards getting us back to normal, no matter what's happening with vaccines and so forth in. >> i do. i do i think what we're seeing in working with government agencies and other major businesses is this type of solution has been almost an expected level of protection for patrons and their employe employees. so i do believe this technology will in fact become ubiquitous over time as people become more aware of the risk of airborne pathogenic diseases. >> i'm thinking maybe we should get one at our hours thanks for joining us and explaining i really appreciate it >> thank you, kelly. >> joe orso. we're going to look at your

coffee drinking experience in 2021 we're back in a couple see yourself. welcome back to the mirror. and know you're not alone because this. come on jessie one more. is the reflection of an unstoppable community in the mirror. i made a business out of my passion. i mean, who doesn't love obsessing over network security? all our techs are pros. they know exactly which parking lots have the strongest signal.

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coffee chains like many retailers have had to shutter tons of locations because of the pandemic the ones that can stay open are giving us a glimpse into the future kate rogers joins us with a closer look. >> reporter: grabbing that cup of coffee on your way to work has been disrupted and major chains are taking note and tweaking their response. starbucks said it would close 800 locations across the americas in 2021 but also opening up 850 new locations in varying format next year, including those with pick-up stores, curbside action and drive throughs it said new store formats would expand to nearly 45% of its portfolio by 2023. business is bouncing back faster than expected and new trends like stores in the suburbs with

dri drive-throughs in particular are seeing a boost dunkin' has been working on a next gen store prepandemic, catering to on the go preferences. it would free up franchisees to invest in the nextgen stores while consumers may have not be going in every morning, when they do go in, they're tending to spend a bit more money, order larger group orders and also treat themselves to they can't necessarily replicate at home, like a nice fancy latte or an ice beverage >> kate, once we can go back to normal, won't people want to hang out again what if they're making too many changes to react to 2020 >> well, kevin johnson addressed that issue at investors day. they are saying they are confident that once a vaccine rolls out, people will be longing for that social

interaction and connection, coming to the third place, as starbucks has called it and there will be cafes with seating and people will want to get together and enjoy that cup of coffee that's why they're going to have a mix of those stores moving forward. >> i didn't think they would get rid of it altogether i just want to go somewhere and sit in the peace and quiet and small the coffee beans all around me. surrounded by other people thank you very much. our kate rogers. >> take a look at the shares of moderna. tomorrow we'll speak exclusively with the company's chairman and his first interview since the rollout of his covid-19 vaccine. coming up, tillman fertitta joins us and reacts to the latestouf imus rnd ostul don't go anywhere. you need to h. i need indeed.

indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit, when you post your first job at indeed.com/home.

hi, everybody. welcome to "power lunch. i'm kelly evans joined by brian sullivan today a record rally fizzl