>> josh. >> paypal is a reopening stock when groups of friends go out to a baseball that's how they split the cost of the tickets. don't get it twisted the stock is rallying again. it's not a stay-at-home stock. pypl, my man. >> a nice day for that as well thanks, guys, talk to you soon thank for watching as well that does it for us. the exchange begins right now. >> scott, thank you very much, welcome, everybody to the exchange i'm tyler mathisen here's what's ahead. elevated euphoria, bullish sentiment among individual investors surged last week and is rivaling those 2018 highs so is this a reason to worry plus, viva las vegas as the city tries to come back from the pandemic shutdown. we will speak with the ceo of caesar's, about demand, the future, and where visitors are spending their money. and speaking of recovery, the first new airline in 15 years is getting set to take off as the company bets that travel poised to return in a big way.

we have got the details ahead. but we begin with today's markets. and guess who is going to join me right over here i can talk the talk, and i can walk the walk, bob >> you can certainly walk the walk and talk the talk, tyler. you have been doing this many years. your dear friend good to see you. guy, we are off the highs, but that's no worry for the markets because we are at new highs on the s&p 500. it has been a great week, and there has been a lot of rotation happening and a lot of optimism out there. some say too much optimism we have a new high on the s&p 500. dow industrials hit a closing high on monday so we are meh, maybe 80 points away from that small potatoes nasdaq has had a good week b. 2% from the historic highs. they hit those historic highs in february it is trying the play catch up what is moving the markets euphoria we saw fed chairman joy powell

along with sara eisen just a few moments ago. he said the recovery is incomplete sunded dovish. tax hike fears are diminishing earnings -- we will get earnings soon they are expecting a lot better guidance the market is expecting that why shouldn't markets be euphoric on this kind of data. the rates have been trending down technology stocks, consumer discretion father stocks that were hit hard in february on rate hikes they have made a comeback. so we are getting a rotation, another round of rotation. the value names, the energy stocks, the bank stocks, they have been faltering a little bit. not enough but enough to see a notable rotation what's the rotation? the mega cap names, the tech names that were killed in february, down 15, 20%, guess what they are all making a comeback highs on alphabet. apple not a new high but the s&p up 2% this week. microsoft is essentially at a

new high facebook moving up big even the chip stocks have moved up so rotation coming back, tech is coming back. remember, we are going to get some inflation news in the next couple of days that will determine whether this tech rotation continues. guys, back to you. >> robert, thank you very much the federal reserve chairman jerome powell speaking with our sara eisen during the imf seminar on the global economy minutes ago and reiterated their steadfast commitment to asset purchases throughout the recovery. >> the recovery remains uneven and incomplete what we have said about our asset purchases is that they would continue at the curren pace until we see substantial further progress toward our goals. that will really mean actual progress we are not looking at forecasts for this purpose we are looking at actual progress toward our goal so we will be able to measure that that's inflation it's also -- the indicators of maximum employment. >> in fact, so benign were the words from the fed chair that

the esteemed finance professor jeremy siegel at wharton saying this is the most dovish fed chair he has ever seen the continued unwavering support from the fed may be one reason why investors are more bullish than they have been in years bullishness has spiked to its highest level since early 2019 with us, quincy and andrew let's -- welcome to both of you. andrew, do you agree with jeremy siegel that this is the most dovish fed chair of our memory sound to me that way you know, not only that, you see the vix, the volatility index, it's back down to where it was prepandemic kmwhich is actually dangerous because it means that people are very, very optimistic tyler, you have been in this

business a long time you know when people say i expect volatility in the future. that's because we had volatility in the past, recently. now peep don't expect much volatility and the vix is very low. that and the fed being so dovish is a little bit of a warning sign as euphoria is building i agree. >> quincy, let me pick up on that point that andrew just made not only do you have the vix coming back to rather tepid levels but you also have the aaii index or reading at the highest level of bullishness in several years, three years or thereabouts, the dins, the gap between fwuls and bears is very wide is this something to worry about? typically when that's happened it augers something not so good. >> well, you know -- credit spreads are nice and tight credit default swaps are indicating a solid, robust -- even robust backdrop for the economy and the market so, yeah, it is something to

worry about, because you worry about too much liquidity you worry that perhaps there is another fund, whether it is a family, slash, hedge fund that has taken on too much debt against a margin call, and the derivatives aren't working the way they were supposed to work there is an old expression from the market, where there is one cockroach, there are many. we saw what happened last week, the week before. we could see more. and that's always the concern in the market is that you build up, and you know, you are successful, you keep going at it, and then ultimately, something comes along to change the thesis regarding the vix, we have been waiting for it to come down below 20 and stay below 20 this is also very important in terms of the mindset of the market. >> before i turn back the andrew to pick up on something i find very interesting in his commentary, i want to ask you

this in other words, if you have a worry, quincy, it's not because you are worried about any fundamental issue, you don't seem to be worried about the economy, about corporate profits, about what the fed is going to do. you are worried about some unknown unknown, some exogenous factor getting in the way here am i reading you right >> yes, exactly. look, you know, we have the fed ultradovish because it has a new -- in essence, a new hand date they broadened the maximum employment mandate and that's new so we have to worry in some way about their framework, their timetable. and then the question becomes, when do they, with their glide path, begin the talk about -- just begin to talk about the potential for tapering those monthly purchases? that's also something that's out there. this all works, if everything stays the same, rates stay low we have largeess from the fiscal

side, ultradovishness. if something comes in and change this is calculus and equation, margin calls are going to be next. >> andrew, i fleed my notes -- and i was saying it yesterday -- has the easy money been made and you make the point that, well, yes, there has been some money made in the value trade as it has moved from big cap tech over into financials energy and some of the other cyclicals and so forth but you say there is still a lot of room left to run in this trade. explain why and what sectors that i should put money in now. >> sure. look, i can't stand when people say well the easy money has already been made. if -- people talk about the easy money in the past. all i am saying is look i think there is easy -- listen to that quincy just said she said the fed has pivoted they are not -- they are going the look at actual data. and unemployment is their key metric okay that to me says -- and you get weaker data today.

that means the fed is going to stay dovish longer and the kiss of death for value stocks is when the fed pivots and starts to tighten. so in my opinion, you have a long way to go in terms of value because as much as value always outperforms off the low coming out of recession, it actually didn't start outperforming this go-around until the fall, when we -- when it was clear that was a vaccination in front of us so there was a delayed response the value, financials, materials, industrials, energy working. okay and that means that it has not repriced to back to where it normal low does come out of recession. it's still very cheap. but the big however here is, unlike 2010, '13,' 18 when the fed was quick the pivot. and janet already admitted they

made a monetary policy mistake -- they have said they are going the sit on their hand a lot longer this go-around. >> fascinating >> i think there is a chance that value could actually take the mantle from growth and be in an extended period of outperformance not just repricing back to where it normally is? andrew thank you for the explanation. quincy, great to see you. more than 1.2 millionaire travelers went through tsa checkpoints yesterday. that made it the 28th consecutive day of a million-plus travelers just as demand ramps up, a new airline is taking flight the first new commercial airlines to launch in the made to in 15 years phil lebeau joins us now with the details. >> say hello to avery wello. it is a new mainline airline, you are correct, it is the first one since virgin america started back in 2007

avelo airlines, three airplanes in the flaet right now they are going to target underserved markets. grand junction, colorado, ogden, utah, eugene, oregon there are going to be flights to 11 cities in the western u.s here's the flight plan, full, for avelo. flights to 11 cities in the western u.s. the base is burbank, california. access to the huge l.a. southern california market. they will be targeting leisure travel who are the ceo of avelo believes they are ready, especially in the smaller cities, and they are tired of going through big hubs. >> it takes a lot of time to get there. you go through long lines. there is a lot of headaches and hassles. and small airports are honestly a better experience. i think all customers would agree with that. >> take a look at shares of aleejant why am i showing you allegiant going back over the last ten years? because andrew levy, the chrome

of avelo, before he was cfo at united airlines he was one of the first executives at aleejant in the late '90s at that time the blueprint was underserved smaller cities, connect them with destinations like learned or las vegas, places where people want to go that worked out well for aleejant i remember when this all started back in the late '90s and some of the airlines were targeting the unserved markets, people would scoff, say come on, how many people in rockford want to go to orlando. it worked out well for allegiant. avelo thinks that blueprint with cork again. let's get to a market flash. shares of netflix are spiking higher as the company announced it has everyoned deal for rights to sony move east including the upcoming spiderman films under the deal, netflix will obtain first pay window rights to sony titles following their

theatrical and home entertainment windows. coming up, vegas, baby we will speak skeshl with the ceo of caesar's about reopening, demand, and the city council's big comeback he may be an investor in bitcoin but peter thiel has a big warning about the cryptocurrency he says it could be used as a financial weapon we have got the details when we come back. hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this... your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, asap! so basically i can pick the right plan for each employee... yeah i should've just led with that... with at&t business... you can pick the best plan for each employee and only pay for the features they need.

well, folks, the return ever leisure business has given las vegas a much-needed shot in the arm. but it is the convention business that is crucial for a full recovery there. contessa brewer live in las vegas with the latest, and a special guest. hey, contessa. >> hi, tyler leisure travelers are really packing wlaegs on the weekend. mid week is a bit of a struggle without conventions and meeting to fuel business on the trip world of concrete confirmed for june normally that's a of 0,000-person-plus event. nobody excepts that kind of attendance this year but even a fraction of that could challenge las vegas, because right now many bars and restaurants are still closed hotels aren't fully staffed, and services are limited companies want more clarity on covid restrictions in order the plan appropriately nevada's governor said the state is making progress on reopening. >> we have reduced some of our

social protocols that are in place, our distancing, that sort of thing we are opening up our capacity a little bit more than they were we have got a massive vaccine rollout. >> caesar's ceo tom reed joins us now exclusively it is good to have you with us on cnbc. when the governor says we are making progress, is it enough? what would you like to see happen in order to truly see business recover >> i mean, we have seen responsiveness to the changes in the public health situation. when restrictions were tightened in november, december, the case rates were pretty scary here, to be candid. and as the cases pulled back, we have seen the restrictions ease, and we have seen business come back what we need as we move forward, presuming the public case numbers continue to move in the right direction, is further loosening that would allow us to offer full services to all of

our group business that's coming. as you know, we built the forum convention center across the street from us here -- it opened days before everything shut down so we were ready for group business back then, and we are certainly ready for it to return now. >> so you have a brand-stanking-new facility? >> yeah. >> how many attendees do you expect in with world of concrete in and then talk to me a little bit about your convention calendar for the second half of 2021. >> so we are presuming more attrition than normal for any group that's coming up we don't know how quickly people are going to come back we see the same headline numbers that you do in terms of what signed up for the conference we don't know what ultimately shows. in terms of forward bookings, our forward bookings both for the second half of this year and into '22 are extremely strong, you know, well into double

digits we were 32% above same time last year for the second half this year and over 10% above for '22 looking back to similar dates in the past. >> wow. >> so business groups are wanting to come back we have just got to make sure that we can accommodate them >> on the east -- i am wondering if i come to a convention or if i come to some entertainment function in las vegas, how am i going the o feel is it going to feel different? is the experiencing if to be the same it was three years ago or is there going to be social distancing and mask wearing? how is the experience going to be different if at all from the way it was >> well, you are certainly, tyler, going to be wearing masks for the foreseeable future we would expect social distancing requirements to start to ease as vaccinations continue to roll out. the protocols developed here by

the entire industry are extraordinary in terms of the safety of how we can host groups now. and you are not going to have to worry about feeling safe but it is not going the fell like three years ago yet. >> i am hearing the response and the are ofry in the -- the resp and the recovery in the regionals is breaking records? >> we are seeing -- i spoke to our director of communications recently kind of in the middle of february, system-wide, including las vegas, we saw an incredible pick up in demand. if you walked around here in november, december, our mid-we can occupancy was as low as the high 20s in the caesar's system. we are now running in the 70s on weekdays, and some weekdays in the 80s. and weekend are full so vegas has come back with

leisure travel, and the regional pick up be that extraordinary. there is a lot of pent up demand out there. >> is it sustainable >> it certainly is for the near to medium term you have got a lot of pen up demand, cabin fever. you have got a lot of people flush with cash. and what we are seeing, whether it is through -- because of vaccination, because of improving numbers, or just because of covid fatigue, they are starting to come out in numbers. >> i know that there was so much attention on new york, the budget just came out, there is still confusion over how they roll out mobile sports gambling. and then this question of licenses for the new york metropolitan area. my sense it has left some of your competitors on the strip very disappointed. how are you feeling about that process in new york, and the possibility of expanding there >> i tell you, i go into all of these state legislative efforts expecting to be disapointed. so new york did not let me down

there. we would have liked a more open, mobile sports picture. and of course, if new york is to move forward with down state casinos, particularly in manhattan, given our brand and our database, we would certainly be interested in taking a look. >> i think it is really interesting that you are doing that i didn't want to let you go without mentioning -- we were expecting the deal with william hill to close potentially this week it hasn't happened yet and i know because of that you don't really want to get into a lot of detail. but the landscape for sports betting and i gaming, are you as optimistic as you were the last time we talked >> yes i have said repeatedly that this is the biggest growth opportunity we have seen in decades, since the river boat casinos started to be legalized. way see huge opportunity in sports and on line

when we close the william hill transaction we have all the tools to be a leader in the space. >> i am waiting on word on that with baited breath tom reeg, in las vegas, in person >> great to hear people want to get out they just do they want to be among other people people need people contessa, thanks contessa will be in las vegas, apparently all week long really just one more day and tomorrow she will are an interview with bill horn buckle, mgma ceo. after this, investor bill -- says there is bargains despite prices where they are. we will tell you where he sees the bargains. and the big driver shortage of 2021 is leading to an epic battle between uber and lyft e chgeetnsfter this.

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all right, folks welcome back to the exchange, everybody. the mrkts right now are higher the dow eking out a small gain minor, but it was down about 105 earlier today. the s&p powering up again, almost at 4,100. look at the sectors. seven out of 11 are positive right now. led by technology.

the trailers today, energy, communication services, real estate, and financials let's go to rahel solomon for a news update. >> hello, everyone a medical expert in the derek chauvin trial is testifying that george floyd died from a lack of oxygen because of being pinned doesn't on the pavement. defense lawyers are trying to convince jurors that floyd was also responsible for his death. florida is suing thefedera government and the cdc saying the cruise industry has been singled out with excessive covid restrictions governor de santis wants ships to be allowed the reassume cruises immediately. new jersey reportedly agreed to a $21 million settlement over long standing abuse allegations a the state's only privilege infor women. settles 20 lawsuits from current and former inmates who claim they were victims of sexual misconduct. in the chablis region of

france wine makers are scrambling to keep their plants from freezing. other regions are also being affected selfishly i am wondering about prices of wine. >> you wonder, if the supply sfa not in a i am a wine drinker, v. >> you can be. energy and financials the two best performing sectors so far in 2021. not so much today but no matter. bill nygren says stocks in both areas have much more room to run. he told our mike santoli that bank names are cheap and energy stocks are the most underappreciated and he named wells fargo, bank of america, conoco phillips as some of his best ideas you can catch the whole interview on cnbc.com/pro. >> coming up, he may love the idea of bitcoin, but the venture capitalist peter thiel says it is ripe for chinese

manipulation we have got the details on that. not a day goes by that another celebrity or sports star launches their own nft sales have actually plunged since their peak is it a plunge or just a breather the exchange will debate that after this

let's catch you up on a few stories that should be on your radar. it is time for rapid fire. here, frank holland, deirdre bowsa and mike santoli topic number one, the billionaire investor and paypal founder peter thiel sounding an alarm on bitcoin he said, quote, i do wonder whether if at this point bitcoin should also be thought of in part as a chinese financial weapon against the u.s.? it threatens fiat money, but it streshl threatens the dollar he says he is not against cryptos but that the government should take a look at why china is long bitcoin. bitcoin higher again today, up nearly 700% in the past year michael, explain this to me. how would china use bitcoin as a weapon to weaken the dollar?

>> welling i think, you know, the general premise here is that bitcoin's ascend ants does come at the expense of the dollar's role as the world reserve currency if in fact china had some kind of participation in that trend where the u.s. dollar not essential to the world financial system and economy as it was with and meantime, if in fact official chinese authorities are owning bitcoin and benefiting from its appreciation it could tilt the financial balance of power i suppose. it is interesting because teal is very much an advocate for cross examinations and bitcoin as well. he points out this becomes disorderly in terms of a power relationship thin if the ultimate destiny of bitcoin as the true believers out there for it see it as overtaking existing currencies would have unintended consequences. >> deirdre, you spend a lot of time in these circles. educate me i get that bitcoin is an asset that can go up and down.

but does that very fact mean -- make it less likely to be a store of value or a currency that can be used in exchange, to buy and sell things? >> i think the idea of it as a store of value is building even though it is volatile. you have seen this massive run-up tyler, i do spend time in technology but i also spent a lot of time living in china. and i know it is very hard to argue that china is long bitcoin. in fact, china sees the cryptocurrency as a bigger threat to the communist party i think more than it is worrying about it as a threat to the u.s. dollar what they are interested in is the technology behind bitcoin, blockchain you had earlier this week china coming out saying it is going to be launching its own digital yuan that may be where the real threat is. china is moving quickly on this technology u.s. has talked about a digital dollar, but there has been no

action and maybe for good reason. there need to be very thoughtful and planned out. but i think that is where the real threat is if the china get their massive population to use a digital yuan that could lead to more usage of bitcoin, and to mike's point that could eventually sort of take over the u.s. dollar. let's talk next about a driver shortage hitting uber and lyft both are working to bring those drivers back uber launching a driver stimulus plan including temporary incentives and payment guarantees lyft is offering bonuses up of up to $800 the lack of work led big workers to find other sources of income. i guess they are just trying, deirdre, to get the cornerstone of their business back and the cornerstone is having plenty of drivers there so that

pickups can be quick and seamless >> yes we are already seeing demand recover. question is, is the supply there? this has been sort of a battle that uber and lyft have fought over their livetimes it is reminiscent of the good old days when they had tons, billions in venture capital fundings to offer these incentives so far, investors tonight think this is going to add significant cost, but i really wonder if they get into a battle for drivers and eventually perhaps for riders, which lyft sees as an opportunity to grab for market share if we get whack into that sort of huge spending -- [ no audio ] -- right now, but i suppose we will see how it all plays out. >> incentives -- we see how good they work for the auto business in many cases. frank holland, question for you

as you weigh in on this, how much more or less do you use uber or lyft touchday than you d 15 or 18 months ago. >> significantly less. i don't think any of us are getting in a ride share car as often as we used to before but i think it is ironic that uber and lyft are calling this a stimulus plan because there has been an argument out there because people don't want to work because of the stimulus payments enter insendivizing people and drivers to get into the ride share business we will see if people don't want to work or don't want to be underemployed. the world literally changed. a lot of us reassessed our time and the value of it and maybe the value of what they call a side hustle. >> mike any thoughts here? >> yeah, i would go back, tyler to exactly whether this arms race does compromise the case as deirdre said for ultimate profitability. we simply don't know even all

this time as public companies where these scale like technology or one of the things where they have to constantly keep pace in terms of labor shortage and not have their takes go up. stockx is lacing up quite a valuation, now valued at $3.8 billion. cowan estimates the global sneaker resale market could hit $30 billion by 2030. frank, you spoke with the stockx ceo. they must be giddy nearly $4 billion in valuation for used sneakers? >> right yeah, tyler, i think the ceo was giggling a little bit like you did when you said that $3.8 billion. a phenomenal number. the pandemic was very good for their business a lot of people stuck at home spending money on goods instead of services. competent i spoke with the ceo of stockx he said the thing

people are looking for is the marketplace experience not only to buy thing but to be part of a community of sorts and kind of exchange not only goods and money, but ideas >> mike, this stock has experienced let's say, a swoosh upward, shall we i mean it seems to be a very high valuation for a company that provides a is, no doubt, there are a lot of sneaker collectors, but they don't manufacture a product. >> that's going to be spun as a virtue, actually, because what investors love right now is a platform, something that's basically just kind of a pass-through for buying and selling and has a huge potential market and you know, i know this sound ridiculous, to say that $3.8 billion is less than ten times its sales. they did $400 billion, maybe that's reasonable in this world. but i can't help pointing to foot locker, trading at less than --

>> deirdre, i see you wrunkelling your nose. >> $3.8 billion for a company that saw 75% growth, is profitable, clubhouse people was just valued at $4 billion earlier this week, no revenue, not even an android app. no monetization there. i will leave it there. >> better to have something than nothing. right deirdre. that it? best buy getting into the membership game. $200, members get exclusive discounts, free product installation, unlimited tech support. the product will be available in 60 locations amid reports that amazon could create its own brick and mortar locations to sell electronics and other home goods. deirdre, $200 sounds like a lot for free installation and unlimited tech support that i might use a couple of times a

year, maybe. >> well, if you are my mom you might use it many, many times throughout the year. but i agree with you $200 -- i would probably buy it for here, actually, so she wouldn't ask me. $200 is steep price tag. you have to wonder, is this coming too late? i mean they are already seeing sales fall off from the pandemic peak they should have introduced this at the start of the pandemic especially if they want to go up against the apple genius bar which you don't have to pay for, you just have to have an apple product. i wonder if this is a little bit too little because of the price tag or too late. but we have seen the fly wheel effect works perhaps better late than never. >> best buy shares down a little bit today but up so far this year and whipping performance of am. >> yeah, they have actually had a good run, although bumping up against this ceiling from about october at their highs i did wonder here -- i am not sure if it is marketed this way, but it seals like it might be

consuesive to a small business, even a sole proprietarior ship out of the home to have somebody be your i.t. support like koss -- i can't imagine how much of a power user you would have to be as ab individual to make good use of that service. >> frank i think we are all circling around the price point here. >> tyler i am going to paraphrase an old saying this is a day late and $100 too long maybe $100 i would think about it because the tech support is terrific and a lot of us bought new tvs and electronic. >> deirdre, you make a great point. if i could buy it for my mother-in-law and father-in-law it would be a great gift. still ahead, debt friendly.com helps users find, rate, and review debt friendly businesses and also seek help

businesses become more accessible to their hard of hearing customers. we will speak with the counter next. and cnbc's new show tech check premieres on monday. karl-anthony, jon fortt and julia boorstin will take you inside all things tech describe us on monday. they will be joined that day by uber's ceo the exchange brab. these days you have to keep everything moving and reinvent the wheel. with a hybrid, you can do both. that's why manufacturers are going hybrid with ibm. with watson on a hybrid cloud factories can use ai to automate the little things so they can focus on the next big thing. businesses that want to innovate at scale are going with a smarter hybrid cloud using the technology and expertise of ibm.

as corporate america strives to become more ininclusive, one under the radar group is the deaf and hard of hearing community. our next guest saw an opportunity to fill a need and created deaf friendly.com, a crowd sourced yelp-style platform for the deaf community. with me now are melissa echo

greenly, the founder of deaf friendly.com and her interpreter. echo, welcome. it is good to have you with us >> hello tyler thank you so much for having me today. i am a deaf person, as you know. and i acquired speaking skills because i lost my hearing when i was 8 years old. soes that's why i can speak clearly but today i am going to go ahead and sign with you. okay. >> that sounds absolutely perfect. thank you again for being with us before we get to your business, which is a fascinating one, i know the viewers would like to learn a little bit about your back story how did you initially begin to lose your hearing at age 8 what was the cause of it and then was it a progressive loss of hearing? >> translator: sure. i did start to lose my hearing

at the age of 8. but it occurred over a number of years from the ages of 8 to 18 by the age of 18 i was profoundly deaf. it was a gradual progression of hearing loss so i was able to speak and be social with hearing people until i was about 19, when i then discovered american sign language and a group of people who identify as deaf and that is when i develop a deaf identity and became a proud deaf person and began using american sign language in my daily life. >> was the cause of your hearing loss a virus or a genetic issue? what was it? >> actually, no. there were no -- there was no dramatic injury or illness it just started to decline very slowly and gradually for unknown reasons. and i actually participated in a number of research studies in california and was eventually

diagnosed with an auditory y neuropathy which is damage to the nerve that connects the ear and the brain. so my ears actually function regularly typically, but for some reason my brain is unable to interpret what i do hear. and that is potentially genetic, but unknown. >> yeah. so i was very interested to learn that in the united states alone there are 48 million deaf and hard of hearing people and like you, i would sense that in daily living, they are underserved by the kind of things that trip adviser or yelp would do to high pressure them identify businesses that go out of their way to welcome the hard of hearing and the deaf. this was your idea what do you do how many people are you reaching and how do you recruit people to send you reviews of businesses

>> yes so one of the biggest challenges for deaf and hard of hearing people in places of business is that people are not aware of how to serve us. they have no idea how to work with deaf and hard of hearing people so i was thinking, how can i teach the world to become more accessible to me and my community? so something that i noticed is that businesses are very attentive to the reviews that they receive so i thought this was a great way to in turn educate individuals and get their attention about what is needed from them for our commune and how to serve us better through these reviews. so that's the reason why i decided to found a review platform that actually is educating businesses about how to become more deaf friendly and more accessible. and you are right, there are 48

million deaf and hard of hearing people in the united states. and that's about 12% of the total population that's a large demographic and a large market. >> yes and as are -- >> they need to pay attention to us. >> as our population assume obviously more people will slip into the hard of hearing category so if i'm a user of yelp or trip adviser i know the kinds of things that businesses might be rated on the service, the food, did they get my order correct and so on i assume you do all of that on your website but you must be looking for other things that are of particular importance to the deaf and hard of hearing give me examples of what you grade them on. >> translator: ertainly. so our platform is for people to

provide a score and describe the reasoning they have given such a rating my experience as a deaf person in places of business is that my needs like in fast food delivery, my needs are not necessarily prioritized. what i need is eye contact from the person i'm trying to interact with. i need patience. i need willingness to use a variety of communication methods, whether it be writing on a piece of paper back and forth or gesturing, pointing at visual cues to indicate the item i want to order or interpreting or captioning depending on the situation so there are a variety of needs that deaf and hard of hearing consumers have that are different than hearing people. so in the review we encourage people to reach out to the

business and we tell them you might need to improve in such an area, you might need help or training in improving the services so we reach out to the community with the effort of trying to make the experience better for deaf and hard of hearing consumers. >> right a very quick question and answer in how do you make money? is it advertising supported? is it subscriber supported what >> translator: deaf friendly.com is a nonprofit but what we also do to earn money is -- and that is how we earn some revenue. >> thank you for this time you spent with us.

i think we educated a lot of people about something they didn't knowing in about. melissa and jennifer the interpreter, deaf friendly.com is the website thank you again so much. thank you. thank you. that is the gesture for thank you i'm told in american sign language thank you very much. >> yes, it is. >> good. i got it right. still ahead, nft sales plunged since february sparking the bust or breather debate. we'll look at the wild ride for nonfungible tokens next. mi up.

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looks like everyone is getting into nfts one way or another these days but sales are declining. robert frank joins me with more. hey, robert. >> hey, tyler. nft prices falling by more than 70% from the recent high average sale prices down from 3,900 to 1,400 between february and the end of march transaction volume of nft

falling by about half from 80,000 a week to just over 40,000 the artist mike winkleman sold that $69 million nft back in march saying some nfts could go to zero before they finally become a broader asset class there's two big drivers. crypto punks and top shots computer generated shots helped to launch the craze and selling over $7 million in february. they have since totally crashed. weekly sales of top shots, those are the nba video highlights, they reached $125 million back in february. then fell almost 90% to just $15 million. now seems like everyone is minting nfts now tom brady with a company playboy partnering with nifty gateway for an nfts and sotheby's and phillips announcing auctions.

i'm sure people buy the playboy nfts for the interview. >> just for the articles exactly right. we have to have an nft, you and me, brother. >> i'm game. thank you so much "power lunch" after this quick break. we see smarter software delivering cleaner power. emerson's breakthrough technology enables the power industry to integrate renewable energy sources to modernize and improve the electric grid. emerson. consider it solved. and improve the electric grid. ♪ ♪ ♪ emerson. consider it solved.

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