in the market on a dip i would consider to be a good buy, so we'll see how everything reports particularly net app if it can hold 7,550 that be your point. charles: i was encouraged everyone to pull up like a 30 year chart of that stock. if it breaks out it can go to 150, michelle thank you very much. liz claman, over to you. liz: you can't believe what's going on here with the meme stock mania, charles, sending amc to the moon, as we head into the final hour, can we make it five, yes the theatre chain shares already halted four times today as the stock goes wild, hitting record highs. we're going to tell you what's driving today's massive action look at that up 93% right now. a different story for the broader indices markets kind of hugging a flat line at this hour as the dow takes aim at five straight wins, we do have that dow just at that flat line, slightly higher same with

the s&p, boy the nasdaq same, just slightly lower. billionaire tesla ceo elon musk is moving stocks again this hour with another tweet just hours after report that he broke his agreement with the sec about tweeting. why "baby shark" may get regulators circling again around tesla and its ceo and release the kracken app. u.s. crypto traders have a few way to buy digital currencies, including musk's favorite dogecoin. the kracken ceo is here in a fox business exclusive plus the company and the ceo that owns the philadelphia 76 years and the new jersey devils here to tell us how he sees pro sports returning to normal as his nba team looks to survive and advance to the championships we will see. but first, we got to get to this breaking news about amc we've all been glued to the stock screens at this hour, amc is at the epicenter of an

investor feeding frenzy right now, after making the ultimate hollywood move. the stock, which popped 17% at the open, has gone absolutely parabolic over the past several hours, now you can see it's up 95%, after the theatre chain announced a new special offers program targeted at the very retail investors who have propelled this stock over the past several months, to the moon, as they like to say. the favorite of the reddit room crowd firing up so much so that they even sent an airplane dragging this amc banner over head to troll charlie gasparino on his vacation in florida, after he stirred the pot with the so-called reddit apes they like to call themselves on twitter, it says amc we love the stock. today's gains bring amc's year-to-date gain to more than 3,551% but in just the last six out of seven sessions the stock sky rocketed 260% evens the

company shoulders a debt load of some $10 billion. keep that in mind. all right, amc stands at $64.66 right now. speaking of pushing stocks to the moon we've got to talk about elon musk once again proving that his tweets are packed with rocket fuel. this time, an unlikely target. last night, musk turned his sights on this viral youtube song, "baby shark" tweeting"baby shark crushes all more views than humans." that tweet triggered a 10% rally in asian trading overnight, of samsung publishing. that's the majority owner of the video's production company. this is obviously not the first time musk has gyrated stocks with a single tweet, and of course, crypto, dogecoin, clubhouse media but the timing of the "baby shark" tweet is really interesting because it came shortly after this wall street journal article hit the tape around 8:00 p.m. last night, revealing that the sec sharks are warning tesla that

musk has violated a court- ordered policy twice now. the policy requires his tweets to be approved one of the company's lawyers before he posts them. the tweets in question in the article were about tesla's solar roof production volumes, and the company's stock price, but, you know, we do want to put this into perspective here. musk is not the only one who moves stocks by posting opinion. february 2018 reality show billionaire kylie jenner tweeted , "so, with does anyone else not open snapchat anymore, or is it just me? ugh, this is so sad" and that single tweet won some $1.3 billion off the social media's market value so while twitter has proven itself to be a major bull horn for market leaders and celebrities alike should investors now be checking twitter daily for mentions of the stocks they own in their portfolios? let's get to our floor show

traders teddy weisberg and scott bauer, both of whom understand these market markets and have played them for years. scott, as we're seeing now a single tweet by a ceo or even a celebrity can trigger and then amplify a move in shares. how important has it become, if at all, for investors tok search mention of stocks in their portfolios? >> so liz, i think you have to separate the investor from the trader side of things. investors maybe not so much, but as a trader, not even if you're a day trader but even if you're just dabbling in the market, absolutely, it is a must and twitter especially versus other social media platforms. tik tok quickly rising but twitter has always been viewed as the best platform for traders , bottom line, and i do search stocks that i'm looking at, but generally, i'm in search or news, of really trying to grasp how the retail side of things is looking at the performance of a particular stock, but as a trader, i

certainly feel that it is always important to have my finger on the pulse as much as possible, both on the retall and on the institutional side of things it certainly is rare that any one person can move a stock, or move an entire industry, if you will, but there are some of those like elon out there that can do it and he just doesn't care, he really just doesn't care about the sec. it's a game to him. it truly is. it is totally a game and he is amused by the attention, and he absolutely has thumbed his nose at the sec before. is tesla going to takeaway twitter from him? probably not, unless he does maybe something really, you know , i don't know what the right word is, but really detrimental like he did with the private deal announcement a while back but until then, i think elon is going to continue to have his fun on twitter. liz: well, i'm really glad, teddy, that scott made the

difference between day traders or quick traders, certainly and of course the long term holders who don't need to be scanning all of this all the time; however, i would say now the algorithms, teddy, are programmed to actually see whose tweeting what and then make stock decisions which then tend to have somewhat of a waterfall effect, so doesn't it now mean, because how many times , teddy, have you said wait , why is facebook doing this oh, zuckerberg tweeted something don't you have to be engaged now on social media as an investor? >> liz when i started in this business, you weren't allowed to have a radio in a brokerage firm. liz: really? >> the reality is, you know, we have two different markets here, as scott has pointed out. i guess if you're a day trader and you're living on every breath that comes off of a twitter or other forms of social media, you react but the fact is, you can say anything you want on social

media and i think that, you know , we're just playing with fire, but the lunatics are running the asylum, there are no more rules, the government doesn't seem to care, the sec doesn't seem to care, it's basically a wild west show. i, for one, prefer to spend my time reading, doing some research, and have much longer term horizons and quite frankly, i pay little to no attention to social media when it comes to stocks that i'm interested in, or that i own, because the results of what you see on social media are basically short -lived milliseconds and it's over and then they're on to something else. there's too many other important things to do when it comes to investing. i think those folks that pay attention to that are just playing a game. i choose not to play that kind of game. liz: that's right, and teddy's television still is run on pistons. i am sure. [laughter]

>> [laughter] all right liz: exactly. a wire hanger up on the roof. thank you, teddy, this is all really important advice and discussion. teddy, scott, thank you so much. check the time here. we are about 52 minutes away from the closing bell and we've got this fox business alert. skilz is making a game-winning play in pop stocks the online gaming platform shooting higher this hour after acquiring $150 million, look at this gain up 23.7%, for skilz. and they will be able to create an e-sport advertising platform and help expand its presence in the mobile gaming industry. let's look at land's end. the retailer, and its shares are warming up investors after swinging to a profit in the latest quarter, revenue climbed 48% but it's not just positive results and a rosie forecast boosting shares at the retailer. barrons is pointing out to the meme stock crowds love for

unloved stocks, as another catalyst for these shares. they are moving higher by about 6%, but yes, could land's end be one of those meme stocks? well listen, we're still watching amc and it is going crazy right now, can't wait to see how this session ends for amc. pop stocks lighting up as amazon says it now supports the legalization of marijuana. the nation's second largest employer also putting its money where its mouth is by doing away with those marijuana screenings for its workers. tilray up 11%, aurora cannabis better by 7%, sun dial popping 14%. amazon shares though are in the red despite announcing its annual amazon prime dates of june 21 and 22. shares are flat right now, the wildly popular sales event, now back to its traditional timeframe after massive pandemic -induced delays last year. zoom, let's look at that one. it's also facing some pressure at this hour. the video conference giant and

work-from-home favorite beat estimates, but by just a slimmer margin than past quarters. maybe that's why the stock is only down 1% but the prospect of slowing growth is clearly vibrating some investors focus on it. shares right now pulling back just a bit. well, roads, bridges and vaccine s, we've got high stakes talks right now with crucial republican senators going on at the white house in what could be a make-or -break week for an infrastructure deal. we'll take you straight to the heart of the action live as the president puts on the full court vaccination press as well. closing bell ringing in 49 minutes, dow jones industrial up 33, russels flat, we're watching all the markets, every part of them, crude oil in the after market up a buck we're now very close to $69 a barrel the "claman countdown" coming right back.

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of course president biden's pushing for a $1.7 trillion plan , while the republicans have countered with a plan just below 1 trillion, so, getting closer together, maybe. as we await details from that meeting, let's take you live to blake burman at the white house, where both infrastructure and mass vaccination are on the president's mind. blake? reporter: hi there, liz, indeed we heard from president biden just a little while ago as the administration is gearing up trying to make another push to get more americans vaccinated this time between now and the july 4 holiday. the president unveiling a couple of new initiatives, for example, that some pharmacies on friday will be staying open 24 hours, in order to get more shots into american's arms, as well as some child care centers will be offer ing free child care coverage while parents are able to go get their first or second shot. the president trying to drive home the point that getting the vaccine saves lives. >> if you're vaccinated, you

are protected. if you are not vaccinated, you are not protected. places with high vaccination rates will also see fewer cases of covid moving forward. places with lower vaccination rates are going to see more. reporter: liz you're right. at this hour right now, inside the white house, president biden is sitting down with the republican senator from west virginia, shelley moore capito. she is essentially the top negotiator, right now, for that group of senate republicans that have been negotiating with the white house, and directly with the president. the white house saying that at points this will be a one on one meeting between the two, certainly the white house staff will be present. the bottom line here, liz, the white house has come down to 1.7 trillion, senate republicans this group has come up to 1 trillion that's a huge gap, as you know, but there is also a big difference right now, on how to pay for a potential package, and we heard what essentially amounted to a warning from the white house earlier today, the press secretary jen psaki

saying that there are different paths that the white house could pursue, should the talks break down or at least a compromise could be negotiated between democrats and republicans. we will clearly, or at least think, get a much better picture later this afternoon as to whether or not these talks will lead to anywhere, or maybe if democrats will start to potentially go at it alone on an infrastructure package. liz? liz: interrupt us if anything happens. listen hope springs eternal that we might get some action theory is, thank you so much, blake. fubo tv going for gold into the close here, take a look at shares. we do have them up 17% right now , as the company moves closer to, are you ready for this , offering sports betting right through your television set. the streamers dashboards now features chances to win a free subscription to its service. also, on the verge of victory, the philadelphia 76ers. they're one win away from advancing to the second round of the nba playoffs.

standing by, 76ers ceo scot o'neill about to open his play book on his team's post-pandemic performance an reveal his tips for finding success in the very difficult business landscape right now. closing bell ringing in 42 minutes, we are coming right back, don't go away.

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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 liz: tonight, 15 nhl teams will face the music. 7:00 p.m., the most anticipated moment in pro hockey kicks off. who will get the top pick in the 2021 nhl draft? among last season's contenders, the new jersey devils its been a long 17 years since the devils last won the stanley cup and tonight they've got the fourth and best odds of winning this draft lottery, right?

and devil's ownership is waiting anxiously but that same ownership group, this is epic, is looking to bring an nba championship to the city of brotherly love, the top seed in the eastern conference, the philadelphia 76ers, one win away from moving on to the second round of the nba playoffs ahead of the faceoff against the washington wizards, we welcome the sixers which are valued at just over $2 billion by forbes, the 11th highest in the league, behind, who are we behind? i know they're ahead of the miami heat and the toronto raptors, but we're behind the laker, knicks, et cetera but ahead o of that let's get to the guy who i'm guessing is chewing his nails off, scot o'neill, the ceo of both the devils and the 76ers. scot, nothing like two huge events crashing together tonight the draft is in new jersey, the sixers play in philly. where are you going to be tonight? >> i'm going to be where my feet are right in philadelphia, to watch the sixers win this

game tonight, but i will be tuned in and hopefully get that number one overall pick. we've got two number one overall picks and so we're due for another one. liz: but this is insane. i mean, you've got two teams very much in the focus, the epicenter of both of these decisions, it's pretty unbelievable but let's first attack the nba and talk about the 6ers, tonight, facing off against the wizards, and it looks very good for the 6ers. what does this mean for the team and its value? >> well, this organization has grown exponentially. i've been here eight years. we've grown the value over six times. i think that trajectory will continue. the nba is the world's most global game. we're led by a commissioner adam silver who is elite, will go down as one of the greatest of all-times and when you have a product on the court with stars like ben simmons and a

trajectory like we have right now, the moon is just a stop on the way to the stars. liz: okay, let's assume that the 6ers advance. talk to me about the wells fargo arena in philadelphia and what the plan is, what kind of covid protocols, if any. >> sure, good news is is today is the first day that we will have full capacity, so we will be fully masked off and plenty opportunities to clean your hands but at the end of the day we're going to have 20,000 screaming philadelphians giving us the home court advantage that we've earned and deserved so we're very excited about tonight it's the first time i think the roof might blow off. there's a lot of steam and fans are raring to go. i'd say in our last game there was 11,000, it felt like 30, so we're good to go. liz: well, yeah, because philadelphia fans, i remember the bullies from broad street, right and of course the eagles where they have the philadelphia police department parked right

there. [laughter] all right, so scot, are you experiencing anything with staffing shortages because i know, obviously as you advance you've got to have a lot of workers on there, security, food people, you tell me what it's like out there trying to hire. >> you know, we've been very fortunate. this is a really hard city, and the workers from ticket takers, to everybody in between are so passionate about this team and this city is that we are good to go, ready to go, all staffed up, and everybody is excited about the long long playoff run through the summer. liz: you know, the 76ers as i mentioned are valued at just under 2 billion, well just over $2 billion. obviously, championships increase the value of teams, whether it's hockey, basketball, football, but just short of the cup or the nba championship , what have you planned to do that would further up that value of these teams?

>> you know, liz, i think our valuation is saddled by our past quite frankly. i mean, when i started here eight years ago i believe we were the 28th most valuable franchise and that's an anchor that we haven't fully shook yet. this is an organization on the top of the heap on the court and off the court. we're in the top five in just about every kpi you could possibly imagine. this is an organization that literally could not be in any better shape than it is right now, so i would argue you had us at 11, i've got us at a top five easy so we've got a lot of room to run. if this were a stock, i'd be buying, buying, buying, right now. liz: a bold prediction. when i said to you where are you going to be tonight? you said i am going to be right where my feet are. that is the title of your new business book "right where your feet are" how to remain present and engaged and i find this fascinating, present, grounded, thriving just hit the shelves yesterday. you tell me, what is the number

one thing, the best advice you would give young professionals who were looking for a career in any region, not just sports. >> i would say there are three things that exceptional people need to do. one is work unreasonably hard. i just haven't met a successful person that doesn't have that kind of work ethic. number two, be intellectually curious, be reading, studying and learning all the time not just about my core business, i'd have interests and passions and be listening to podcasts, watching liz on fox business, i'd be getting after it all the time. and the third thing is one thing that's lost on young people. they say wisdom is wasted on the old, and that's to be an extraordinary teammate. i think sometimes when you come into young business and you think you have to do it by yourself and when you're older, you look up and around and all those friends that you worked with, they're now running big companies and they can be your biggest assets when doing a deal or growing a career so it's work unreasonably hard, be intellectually curious and be an

extra ordinary teammate. liz: scot, i've known you for many years. you were very young when you were working format it son square garden and that organization, who knows what happens with the knicks tonight. they do face elimination but that be interesting to see the 76ers faceoff against your old company. scot, good luck. thanks so much. >> liz, i appreciate you, best of all. liz: thank you so much. where's the beef? the new threat that could send your summer barbecue into major sticker shock, and the more sinister news, now breaking, and reveals of just who is likely behind this latest attack on the u.s. food supply chain. closing bell ringing in 30 minutes, the dow is clinging now to just 3 points of gains we've got to see how this one ends, stay tuned we're coming right back. nasdaq now negative.

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liz: we've got a fox business alert, meat producer jbs now saying most of its plants will be back online some time later today after it closed its u.s. beef processing facilities following a cyberattack that took down its i.t. systems. add this to the growing list of supply disruptions plaguing businesses, throwing labor shortages and you have a recipe for fast rising inflation. jeff flock at a restaurant in suburban chicago, facing sticker shock. yeah, i can imagine. what are you seeing there, jeff? reporter: it is happening, as we speak, liz. this is the chatter box in long grove, illinois. maybe you see the bar area, that's alcohol there and that's not going up so much but it's the food stuff, right? >> yes, sir. reporter: the food costs are killing you right now. >> yeah, they are going through the roof. reporter: what are you cooking by the way? >> beans and boiling some eggs. reporter: that's antonio behind the controls there.

mainly it's meat. >> yes. reporter: show me the meat. >> this is the prep. this is chicken for chicken enchiladas. that's gone up $40 a case. reporter: how much in a case roughly? >> 40 pounds. reporter: then it's not just the beef stuff, although it's beef also, but it's other things that you use for your business. i was shocked when you told me cherries. come on out in the bar. this is marachino cherries how much? >> they went up for a pack of four it went up $15 over the last three weeks. reporter: three weeks? >> yeah. reporter: and plastic this was huge during the pandemic. this went up $30 over the last couple weeks. reporter: $30 a case of 100. this is a restaurant, liz, that maybe you remember in the winter to survive, you brought in rv trailers to accommodate, in chicago you can't eat outside

in december. >> right and the inside was closed and we had to pivot. we had to do something for our customers to keep them safe, and keep our employees employed otherwise we would have closed the doors so we partnered with an rv place, we came in with the rv, parked them on the patio and literally served everybody, with our customers never went in, our employees never went in the rv's. reporter: and you've survived through this and now, throw them another curve, right? and on top of that, food inflation already and then the jbs issue, and real quick before we get away, what did your supplier tell you? >> he texted me this morning. he said meat prices are going to get out of control which it seem s like -- reporter: they are already out of control? >> how much worse can this get? reporter: michael, i appreciate it. we're all rooting for you, you know? good food, i had a burger here this afternoon. fyi. liz? liz: yeah, you know, and i'll

tell you. obviously, now they say that this hack of the meat processing plant came out of russia. you know, russian hackers, jeff. so this becomes a major question here. what do russians, close to president vladimir putin, have to say about these alleged russian malware attacks, of course we know about the colonial pipeline, along with tensions between russia and the u.s. ahead of the summit between putin and biden. that's june 16 but guess what? we'll ask the man known as putin 's banker, andre costa v tv bank chairman he's here in a fox business exclusive on friday, 3:00 p.m. eastern, yes, i will ask him, i will pinpoint him on that very question. you've got to stay tuned for that. swapping out city storefronts the size of postage stamps for more space in the suburbs became one of the most pronounced actions since the pandemic began. that, in turn, triggered commercial rent prices to fall through the floor, discounted bias much as 50%, but as

shakespeare said it's an ill- wind that blows no good. the silver lining of cheaper rent prices allowing creative smaller businesses a chance to think outside the box and jump into the bright lights, big city how creative? try a dumpling store that offers flavors like peanut butter and jelly stuffed dumplings. so lydia hu who joins us in brooklyn with a deal on the rent reporter: yeah, liz, you know, it's a great story of innovation meets opportunity, because it's no longer just pork or crab for your dumpling options you can get french onion soup and a pizza dumpling we're joined by the owner who seized on an opportunity, thank you so much for being with us here. you know, part of the story too is the real estate. how you built out this restaurant, because you started with about half of the space, you seized an opportunity during covid when you saw prices for rent were

declining and you doubled it. tell us about that. >> i understand people were scared early part of the pandemic, march, april, may, june of 2020 but we just dove in and what we did is actually half the store was pre-covid about a month shy of covid and when covid hit, the store next to me was about 60% larger giving me almost 1,000 square feet, and the rent was about 80% less and that window of opportunity is closing now, because this area was hit one of the hardest in new york city, and now it's coming back really strong. reporter: and you were saying that now, for your total space built out, you're paying just under $11,000, before covid, liz , this space would have cost more than $23,000, just to give you an idea of what kind of savings that stratis is seeing here. when you think about doing business right now, we've talked a lot about how it's so hard for a small business owner, but you're kind of seeing silver lining in all of this.

explain that a little. >> yeah, the opportunities are still out there, but during, in the heart of covid, i mean, the opportunities were 90% less than the market, and if you had some kind of track record not just someone that's been in the business 30 years, coming out of school, where you have a good pedigree or a good education in hospitality, landlords want to speak to you and it really just changed the whole landscape. reporter: right and in some ways it's giving new folks a new opportunity, liz, so we're seeing commercial rent prices across new york city are coming down, year-over-year they are down about 22% in manhattan alone, so if you take a stroll through the east village or even the upper west side you might see new innovative concept s coming to life here in the city. back to you. liz: a peanut butter and jelly stuffed dumpling. i could so go for that right now , thank you, lydia hu in brooklyn, live. you guys, crypto making big moves into june after that may storm we've just been through.

bitcoin up 1,372 bucks right now a gain of 3.7% you have ethererum better by 6%, litecoin even moving higher by 3%, what a perfect time to release the kra ken app, the crypto exchange ceo is here in a fox business exclusive on how you can now buy your favorite digital currency right from your phone. another industry taking the world by storm, the global cosmetics industry. brow waxer to the stars, founder and ceo of beverly hills, counts cindy crawford and oprah among her famous clients but when the immigrant first arrived in this country back in the 80s she could not speak the language and she was penniless. today, her brow studios are in 2,000 locations around the world generating hundreds of millions in revenue. the story of how the eye brow- shaping queen shaped her own success, just dropped in my latest "everyone talks to liz"

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liz: because of their outrageous volatility, we know that cryptos give and takeaway but today, the crypto craze is definitely helping overstock shares. well the e-commerce giant stock is pushing higher as its blockchain unit t-0 reportedly shopping itself and could possibly go public via spac merger. look at overstock up 8 1/3

percent right now coin desk is reporting the goal is not a sale oft-0 but to find the right strategic partner for the future so as we watch overstock, and we watch what's happening in crypto land, look at dogecoin. dogecoin surging 25% on news we reported during this very hour yesterday, that crypto exchange coinbase, will finally begin listing this particular cryptocurrency, it's known as a meme currency, on its higher pay platform this week, but rival crypto exchange kraken already beat them to the punch. starting today, kraken's mobile app goes live in the u.s. enabl ing americans, all of them, not just the pros, to buy, sell, or hold whatever crypto grabs their fancy. here on a fox business exclusive on his official launch today is kraken ceo jessie powell. okay you officially went live with this app today. how did the launch go, how is everything going with the number s and the down lows? >> i'm sorry, it's still very

early. we've got a few thousand downloads so far, but we wanted to do a soft launch, its been a pretty slow rollout. we've been in beta for a couple weeks already, so we're just sort of waiting to see how things go. we want to make sure everything is perfect before we really put any marketing effort into this , so, dogecoin has been out on the pro app for a long time, probably since 2014-ish, you know, so tradeable there but now everyone in the united states with the retail app is able to trade dogecoin super easily as well starting today. liz: now, this was already live in foreign countries, but you have to wait to get all of the regulatory approval here in the u.s.. now, you are up and live and operating. make your case at the moment. i know that it's free to use the app but there are trading fees. can you just clarify what those fees are? >> yeah, that's right. so if you're trading off your the balance, generally if you're swapping between two cryptocurrencies, the fees are around 1.5%.

if you're funding from your bank account directly as part of the trade, it can be as high as 2%. we do allow people to send in wire transfers ahead of time, rather than connecting their bank account to every transaction, so some people do take advantage of that. there's same day funding, and it can be better long term for fees so you're not paying per- transaction on the funding fees, but through the bank account connection that we are supporting now in the united states, you can do instant buys and sells directly between kracken and your bank account. liz: you've got to give me a reason, give our viewers a reason why they should pick your app over coinbase. >> well, i think we've got more coins that are interesting to people than coinbase. i think there are a lot of points to compare us on. i think we've got a really ex leapt track record of customer service and i think for the new consumer coming into crypto, really having someone to talk to , we've got live chat 24/7 and there's always someone available

and we're really well known for being able to help people sort of bridge their way into crypto when they're not comfortable with the space so far so i'd say like that ability to hold the hand and make things really easy for the consumer whose newly getting into the space be a main advantage for us. liz: give me one of the more obscure coins that people can trade on your platform versus that of coinbase. >> oh, there are a lot of obscure coins out there, we trade 60-plus coins i'm not totally familiar with where the overlap is with coinbase or not. we've been, i think, a little bit more aggressive historically , obviously we were super-early with dogecoin and a number of other coins. i think the narrow is one coin that's not supported on coinbase , so i'd say we've been a bit more aggressive and early with some of the coins where they have historically, i think, just been more conservative, so you'll probably see new things appear on kraken more often than

you see them appear on coinbase. liz: yeah, and then in the end though, i have to say, we're far from the end. we know that there are regulatory overhangs and we don't know what's going to happen here in the united states there are all kinds of questions , a single tweet from an elon musk, for example, can tank the market in the blink of an eye. what gives you, somebody who is elbow deep into all of this , the indication that the floor isn't just suddenly going to dropout from under cryptocurrency. i mean, we're looking at bitcoin , it's a 37, 800 right now and it had been at 64,000 just six weeks ago. give me what you see , a window into that, that really gives you hard, fast, facts that this is for real and here to stay. >> bitcoin is still up 200-plus percent year-over-year and if you just look back over the 10 years i've been in this space for 10-plus years now. when i got in it was $1 and you have ups and downs, you know? it's a rollercoaster and you really need to have the stomach

to be able to hold through these dips, and i think if you just look at the chart long term, there's no question if it has staying power. there are these so-called hoddle rs of last resort the people who understand the fundamentals of bitcoin, and are just going to buy it, to buy these dips and to keep accumulating over time as much as they can, people see the long term trajectory of this and we're seeing numbers about inflation of the u.s. dollar. even the "official numbers" are record now, for recent history, so i think as an alternative to the savings account, which is just losing money, you look at bitcoin, something with a finite supply, the other fundamentals of it, it just make sense long term and you see the size of the pie growing. there are more and more things becoming tokenized art, video game items, you know, the space is just growing tremendously. liz: well, we're watching the space very closely, and

you're very much a part of it. thank you for choosing the "claman countdown" to unveil the big app moment, thank you so much. >> thanks for having me. liz: jessie powell of kraken. the ev race getting more competitive at this hour but whose got the inside track to the checkered flag. today's countdown closer betting on one to come out on top. he's going to tell you who it is when we come back. there's interest you accrue, and interests you pursue. plans for the long term, and plans for a long weekend. at thrivent, we believe money is a tool, not a goal. to learn more, text thrive to 444555, or visit thrivent.com. before discovering nexium 24hr to treat her frequent heartburn, marie could only imagine enjoying freshly squeezed orange juice. now no fruit is forbidden. nexium 24hr stops acid before it starts for all-day, all-night protection. can you imagine 24 hours without heartburn?

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[typing sounds] [music fades in] [voice of female] my husband ben and i opened ben's chili bowl the very same year that we were married. that's 1958. [voice of male] the chili bowl really has never closed in our history. when the pandemic hit, we had to pivot. and it's been really helpful to keep people updated on google. we wouldn't be here without our wonderful customers. we're really thankful for all of them. [female voices soulfully singing “come on in”] ♪. liz: okay. three minutes to the close. we got to check amc entertainment, see how this session is going to end. it is an epic one. gains holding into the close of 105%. the stock is absolutely exploding right now that will be all-time record for amc it, announced it will give freebies,

popcorn, et cetera to the investors that have brought them to the $65.97 per share price. at love electric vehicle news out today. which automaker takes tesla on? the "countdown" closer is here. ed says of international advisory says it ain't a pure play ev company. who is it, ed? >> good afternoon, liz. here at international assets out of the traditional u.s. auto-makers we're big fans of fords. we think the mustang mach e and f-150 lightning has shown ford among the traditional automakers here? the u.s. is best positioned in n the ev space and we think it is the u.s. auto manufacturer to take tesla on. liz: jim farley was on the show. he announced a week ago, liz, came in 70,000 orders over a week, couple days for that lightning.

clearly they made a car that people believe will work really well t can power people's homes. what about does it translate to the smaller cars ford makes? >> we think there is transition. mustang mach e is smaller car than the f-150 lightning. second we think ford has a lot of things in the pipeline to appeal to car buyers, not ev buyers, car buyers to convert them into ev buyers. when we talk about the f-150 lightning, remember the f-series is the number one selling motor vehicle vehicle in the world by far. liz: year-over-year ford is up 151%. when you compare that to general motors, i'm looking here, gm up 117%. both are great gains but ford is really on the move. you like the chip-makers. ed, we have to run. we had a jam-packed hour. thanks for joining us ed.

folks, five wins in a row for the dow jones industrials. it looks to gain 22 points but today will go down in history as the day amc shares. [closing bell rings] jumped for than 100% as the meme stock reddit rebels power that name higher and higher. that will do it for "the claman countdown". thanks for joining us. we'll see you tomorrow. ♪. larry: hello, everyone, welcome back to "kudlow." i'm larry kudlow. all righty, president biden meeting with west virginia senator shelley moore capito earlier today to continue negotiations on a infrastructure package. fox news's peter doocy is live at the white house with the latest. what did you find out, peter? reporter: larry, the very latest after a little less than one hour with the president shelley moore capito's meeting has concluded. we are waiting for details from he