twice as fast as the top line everybody else is focus on. by the way, i love eating there. [laughter] charles: it's great when you can actually be a customer at a company that you're part owner of. it's on my watch list, my man. i almost pulled the trigger. thanks a lot, keith. and we did get a nice little bump in this last hour. let's see if liz claman can keep it going. over to you. liz: yeah, okay. hey, listen, just remember if you pair it with what happened tuesday and wednesday, 72-point gain for the dow is decent. charles, thanks. the markets are holding up against this rising worry over the highly contagious delta variant. even as more counties reinstate mask policies, we are seeing gains right now. s&p up 10 points and the nasdaq adding 60 points. but how will the fact that covid deaths, which are up 19% on average over the last week with hospitalizations up 33%, affect the business world and the

stocks that are associated with it? the deadly mutation suddenly throwing a monkey wrench into the reopening of the nation. could companies soon have to revert to different policies that they thought were over during the pandemic? maybe delay return to work for its employees? slack has been at the fore front of the work from home environment. we've got the ceo, stewart butterfield, here on what his customers, what his clients are saying just one day after the completion of salesforce's takeover of his company. the b-word giving bitcoining a bump after crypto believers elon musk, jack corsi and cathie wood pumped it up -- jack dorsey. the ceo of coin flip is here on what he thought is the most important thing the digital currency influencers had to say that could change the landscape of all of crypto. this is a fox business exclusive. plus, the luxury ev of the future making its public debut. the the ceo of farah day futures

is here to tell us why his electric vehicle could one day be the most desired technology on the road. in the meantime, we're going to start with this fox business alert. the nasdaq says it all, big tech piling the gains of the two days higher and deeper, nasdaq gaining close to half a percent right now. if you add up the nasdaq's, let's say is, 59-point move right now to yesterday's 1 is 33 points -- 133 points and tuesday's 223-point spike, you're looking at nearly 400 points in the bull column. while tech soars, casino if stocks are coming up snake eyes after nevada's gaming control board announced clark county, which includes las vegas, has mandated that employees again must wear masks while in crowded indoor spaces. this includes all casino operators. you've got mgm down a percent but las vegas sands losing 4.25%, caesars down just over

1%. one of the triggers, a surge in las vegas area covid cases. nevada's entire state case count grew by 2067 over the weekend but a full 1,097 ofrtedly consig all americans to start wearing masks again in more settings, but just a short while ago deferred to the cdc which today reiterated its masking guidance has not changed yet. >> if you are not vaccinated, please take the delta variant seriously. this virus has no incentive to let up, and it remains in search of the next vulnerable person to infect. we are yet at another pivotal moment in this pandemic with cases rising again and some hospitals reaching their capacity. liz: all this as companies begin now revising again their back to work plans. messaging app slack, a winning stock during the pandemic, just completed its acquisition by

sale isesforce. crm -- salesforce, crm up 2.5% right now in this final hour, but what do these fast-changing covid vents mean for slack and the stocks and companies you may own? we're joined by cocofounder stewart butterfield. stewart with, you deal with customers which include both small and very large companies. give us a sense of what you're hearing let's say in the last 72 hours about return to work policies. we know apple has pushed it out a little bit further. >> yeah. i think the keyword here is confusion, but if you zoom out a little bit, the back and forth we're experiencing right now, i think, is going to be insignificant in the long run as we look at the new era where it matters less and less where people are when they're working. look, i think offices play an important role, and it's great to get together with people face to face. but remember when we used to talk about the paperless office,

liz? liz: yeah, yeah. water cooler. [laughter] >> sounds a little quaint now because the question is how much paper in the office doesn't feel very significant for how it operates. ultimately, i think we're going to get to the place where the word hybrid, it doesn't really matter where people are when they're working. liz: okay. but can i just drill down and ask you if you've heard from some of your customers? you don't need to name them, but are they saying, you know what? we need to re-up our contract with you guys, you know, we need to -- you're getting new customers as they look out and see this may get a little e dicey? >> there's a little bit of that, but i think it pales in contrast to the closing of the acquisition which, obviously, for tens of thousands of joint customers is great news, and they're thrilled, and i think that's opening the floodgates for new areas of collaboration. and the kind of changes in

response to the delta variant are a little bit more muted. liz: yeah. i might think so especially considering, you know, apple comes out publicly and saying we're pushing it out. the sale isesforce acquisition, congratulations, has been completed, finally approved for the regulatory environment which is never easy. but you look at salesforce since december, after the initial drop, it did fight back, but it's rather flat, and that makes me wonder because i do hear from investors who say what is the competitive advantage that slack has over big rival microsoft teams that's somehow going to help salesforce? articulate that for our investor audience if you could, stewart. >> you would love to. one of the things we demonstrated over the course of the pandemic, we had that an extra two quarters of reporting, really strong growth, a lot of

the success in new geographies with new government, with new large interprize, so we've been been -- enterprise, and we've been going from strength to strength. salesforce has as well. when we look back, obviously, the exact target was an enormous target of value. so i think being able to see the market respond to that a little bit more in the coming months and quarters. but ultimately, the value is two direction. one, for us it's a 10x increase in the number of sale ises people, like this massive -- when it comes to the distribution of enterprise soft way, marketing sales, all of that. and i think for salesforbes leapt me give you one quick example. so we're a sales cloud customer, of course, and 8 p.m. on the night of -- the last night of a quarter there's this chaos, there's people going back and forth, there's -- we can't find

the sign ised order former or we have one more question to fill out because everyone's trying to get their paperwork done before midnight. in that environment, there's interaction between all of the teams. it does happen in slack. so it's extending the value of the work force that exists inside of sales cloud and so on to the rest of the organization. liz: tell me about your feel whether it's optimism about business climate, i mean, we have seen a very volatile first couple of weeks for the markets. there was a big drop on monday and fighting back tuesday, wednesday and now we're only adding on to that at the moment. what do you feel about as you look at the landscape as a guy who started, cofounded this business, you know, grew it to one heck of a big one, $222 billion market cap, tell me if you're talking to a retail investor audience what do you think will be the tenor for the next couple of weeks whether it's optimism or wait and see?

>> i think there's -- so i'm optimistic, and i think that optimism maybe with a little bit of caution underneath it is really widespread. and i think the thing we need to get through is the bounceback, the travel, it's, you know, i've personally seen a huge increase in tourism, people traveling a lot more, restaurants being full. and part of that is just return to normal. part ofs it is just a response to having been cooped up for so long. it's going to take us a while to read the tea leaves as people get that stuff out of their system, get all that coming back to the world. liz: all right. well, i'll tell you something, it's fascinating the see, and you guys are one of the winners at the moment for sales force. good luck, stewart, and we look forward to seeing what slack can add on to all that you've already been doing for the work from anywhere movement. >> always great to see you. thanks, liz. liz: stewart butterfield. we've got this fox business alert, didi is hitting a new low

in today's op pop stocks. take a look. china's ride-hailing giant facing what now could be its most epic speed bump yet as xi jinping's regime goes for the jugular in its real against its -- retaliation against its u.s. ipo. the crackdown actually began to two weeks ago with a ban on the ride hailer from all chinese app stores. so, you know, how do you even operate the business if you're banned from app stores? yes, didi is on bad footing but not crocs. crocs posting record revenue. you saw charles payne picked it as the stock of the day, driven by sales in its sandals division. the rubber footwear maker raised its full-year guidance, stock higher by 9.7%. and, you know what? summer fun not the only thing

heating up sales, shares hitting a new all-time high up 230% over the past year alone. binge eating pizza not just for lockdowns anymore. domino's shares hitting a new record after blowout second quarter results. the s&p's clear winner on the session is up 15.8% right now. domino's pizza shares, a single one is now $544. union pacific seeing demand surge as america reopens for business. after posting regular quarterly results, csx and union will both winners here. but the country's grand reopening kind of creating more pain than gain for net gear. a downbeat revenue forecast, net gear pointing the finger at supply crunches and factory closures, down 8.5%.

after three of the wildest days of trading this year, jpmorgan's market guru david kelly is about to get inside the brain of that man, jay powell and his fellow fedheads, when it comes to interest rates, inflation, the economy's growth under the renewed covid threat as well. with the closing bell ringing in 49 minutes and the dow up 52 points, we are going to ask him to read jay powell's mind when "the claman countdown" comes right back. you've got to hear that. ♪ ♪ ♪ why do you build me up ♪ ♪ build me up ♪ ♪ buttercup baby just to let me down ♪ ♪ and mess me around and then ♪ ♪ worst of all ♪ ♪ you never call ♪ baby daydreaming again? but i love you still you know i'm driving, right? i do. ♪ buttercup baby just to let me down ♪

if you ride, you get it. geico motorcycle. 15 minutes could save you 15% or more. there's an america we build and one we explore. one that's been paved and one that's forever wild. but freedom means you don't have to choose just one adventure. you get both. introducing the wildly civilized all-new 3-row jeep grand cherokee l only 6% of us retail businesses introducing the wildly civilized have a black owner. that needs to change. so, i did something. i created a black business accelerator at amazon. and now we have a program that's dedicated to making tomorrow a better day for black businesses. ♪ ♪

i am tiffany. and this is just the beginning. ♪ ♪ as i observe investors balance risk and reward, i see one element securing portfolios, time after time.

gold. your strategic advantage. and there you have it - wireless on the fastest, most reliable network. wow! big deal! we get unlimited for just $30 bucks. i get that too and mine has 5g included. impressive. impressive is saving four hundred bucks a year. four bucks? that's tough to beat. relax people, my wireless is crushing it. okay, that's because you all have xfinity mobile. it's wireless so good, it keeps one upping itself. (announcer) back pain hurts. you can spend thousands and still not get relief. now there's aerotrainer by golo. you can stretch and strengthen your core, relieve back pain, and tone your entire body.

(man) and you're stretching your lower back on there. there is no better feeling. (announcer) do planks for maximum core and total body conditioning. (woman) aerotrainer makes me want to work out. look at me. it works, 100%. (announcer) find out more at aerotrainer.com. that's aerotrainer.com. ♪♪ liz: okay, we just looked at this, and i want to put it up on the screen. take a look at the most active exchange-traded fund right now. it's not that it's jumping or dropping the post. this is the pro shares ultra pro short qqq meaning it shorts the nasdaq 100. while it's down 1.75%, i'm looking at trading volume here, 47.4 million shares of this etf have traded hands. not a great day to bet against tech like apple, google, microsoft and amazon all in the qqqs. you can look at some of these names right now, they are all

jumping more than 1%. i mean, alphabet's bringing up the rear by two-thirds of a percent, but microsoft better by 1.5%, a nice move for facebook, amazon, apple as well. as for the broader markets, green on the screen. we do have the dow jones industrials moving higher by about 50 points, s&p up by 9 and the nasdaq up 55 as investors digest economic data including weekly jobless claims which come out every thursday which unexpectedly rose. that means more people are joining the unemployment line. so that's not the way the direction should be going. in the meantime, while federal policymaker, federal reserve policymakers claim they watch the data and not the stock market gyrations, they're certainly keeping a close eye on the economy's reaction to rising covid-19 cases. at the last meeting though, fed decision makers indicated, you know what? things are looking good enough and is we're starting to see inflation enough so is that they would consider cutting back or

tapering their stimulative bond buying put in place at the height of the pandemic. has that now changed over the past 72 hours, and what will it mean for stocks? to david kelly, chief global strategist at jpmorgan asset management. the next fomc meeting begins next tuesday. would you read jay powell's mind right now? will he and the fed announce they're ready to think about tapering, or have the developments regarding the delta variant over the past couple of days maybe changed their thinkingsome. >> i don't think the developments have changed their thinking, but i this what they're going to try and do is stall for time anyway. they were always going to because i think their plan is they may talk about tapering at the jackson hole retreat in august, but i think they would like to announce some sort of plan in september, and so they don't want to be showing their hands right now. they don't want to announce until september, so they'll be cautious. in terms of thinking, yes, there

is a surge caused by the delta variant, and it's very dangerous for the unvaccinated in america. but 80% of americans over the age of 65 are now vaccinated. this is something that people are not focusing on. i mean, nationwide it's not great in terms of all adults, but the over 65s are getting vaccinated, and this seemses that this fourth covid wave will not have the same fatality rate as previous waves, and that means the economy can reopen, and everything that follows from that in terms of more stimulus, economy reopening, i think that means the fed's going to be be able to taper around the first of the year which is what they've really been planning all year. liz: okay. we got a first quarter gdp that looked very healthy, 6.4%. what are you anticipating that we will see for the second quarter and how must they respond to that when it comes to wear race stand which right now are near zero, emergency level? >> yeah.

we think that it's close to 10% annualized growth for the second quarter, a booming economy. i'm sort of mystified a little bit by commentary in the markets the last few weeks about how the economy's slowing down. it's not exactly slowing down, it is speeding more slowly. it maybe was doing 90 in a 55 mile-an-hour zone, you it's doing 85, but it's going very fast. we think this print that we get next week will show the economy output all and the economy will be 5% bigger than before the pandemic started. so this economy's getting back to full employment very rapidly, and i think that's really what people are missing here is, you know, the speed of this recovery in the committee overall. liz: you know, we were showing the pro shares ultra short qqqs, not a great moment or

idea to short big tech, at least not today. you have to tell me where you are advising clients to put their money. a lot of people would say that some areas, particularly big tech, might be overbought or two expensive. what do you like right now? >> i don't really think about it these days, in the longer term, it does look like growth is more expensive than value. value's quite cheap here in relative terms. particularly the mega-cap stocks are much more expensive than the rest of the market. if we're right on the fed and the economy, if the economy continues to get better, if the federal reserve does begin to taper bond purchases, but if long-term interest rates go up, going to to favor financials, industrials should do better with rising rates and a strong economy. and is we also think areas like europe and japan, they're very sick is likely geared -- sick is likely geared so they'll benefit. that's where i think the best

value is right now, but also the sector that should benefit the most from a strong second half of the global economy and the u.s. economy. liz: david, i like your 10% prediction for growth -- [laughter] for the quarter. can't wait to see a 10% handle. haven't seen that in a while, so thank you very much. >> anytime. liz: david kelly. okay, you guys, does this sound right? i want to be a movie star, so i'm going to new mexico. coming up, why hollywood is actually now heading southeast to new mexico and why the land of enchantment is reaping the benefits of tinseltown's exodus from the golden state. we're going to take you live to albuquerque for that story in just moments. closing bell ringing in 38 minutes. we do have the nasdaq, the s&p and the dow all moving higher. ♪ ♪ ♪ ♪

with cutting-edge tech, world-class interiors, and peerless design... their only competition is each other. the incomparable mercedes-benz suvs. extraordinary runs in the family. visit your local mercedes-benz dealer today for exceptional lease and financing offers. ♪ when i was young ♪ no-no-no-no-no please please no. ♪ i never needed anyone. ♪ front desk. yes, hello... i'm so... please hold. ♪ those days are done. ♪

i got you. ♪ all by yourself. ♪ go with us and find millions of flexible options. all in our app. expedia. it matters who you travel with.

♪ liz: lionsgate entertainment share ises getting slammed at this hour, down about 5% apiece here. deutsche bank moving to the sidelines on the name behind the twilight saga films downgrading to a hold, specifically calling out the heavy spending on its starz network and its newer shows that could face an uphill battle in a, quote, increasingly competitive content landscape. deutsche bank also questioning whether lionsgate can withstand to people returning to work and travel and spending less anytime front of their tvs, phones and tablets. share, as you see, down about 4.7%. let's dovetail to this, are the stars in hollywood getting a change of scenery? movie studios are now fleeing high-tax california for the state of new mexico, chasing up to 35% in tax incentives and

eloper production costs. but are -- and lower production costs. to new mexico and jeff flock who joins us live from the new hollywood of albuquerque. jeff. >> reporter: they call it tamalewood now, i don't know if that's politically correct or not, but in answer to your question, no, it's not. it's businesses that are benefiting, liz. this is the famedman -- mann's hat shop in albuquerque. and no company is more successful than drawing to them than the state of new mexico. take a look at what netflix is working on here. they bought an old production studio and have tremendously expanded it. eight stages out there, netflix stages, and, you know, they're pouring, they say, $2 billion over the course of the next ten years. and, you know, shows like stranger things, i have not watched that one, but i hear it

is a very cool show, that's being shot here. numerous other productions. and so, yes, businesses benefit from this. i'm now going backstage here at -- [laughter] at the hat shop here. this is a legendary place. and i tell you, business has never been better, stuart dunlap. what have you got there? >> this is american 15x beaver hat. >> reporter: beaver? >> rabbit fur and beaver, and putting a crease in it, and it's going to have a wide shovel front. >> reporter: the hollywood guys are buying these hats like crazy for their productions. >> they are, yes. of course, this is a local cowboy and the western movies are buying bunches as well. all styles. >> reporter: liz, tremendous production now. netflix, nbc universal. you've been in business for, what -- >> 75 years. >> reporter: it's never been better than now, right? >> no, this is the best year we've had in 75 years. >> reporter: liz, states

across the country are competing for hollywood because it's so expensive out there, california taxes and, you know, this is beautiful out here anyway. take a listen to what the economic development cabinet secretary in new mexico told us about why this is happening. listen. >> -- we have a ton of sunshine. we've been doing this for 16 years, so our crews are incredibly experienced. they love being here. the quality of life is great. >> reporter: and i tell you, that person you just heard from, she is a former hollywood executive with disney worn in albuquerque -- born in albuquerque and now back home here and just loving it. she said you guys gotta go talk to the man's hat hop because that is world famous. [laughter] and you can see an artisan at work there. can i bring you back one, liz? [laughter] liz: i want the one that is on stuart's head. i love that white one, oh, my gosh. >> reporter: what is that, by

the way? >> this is a panama question doer a rah, a safari shape with a downturn -- fedora. liz: oh, my gosh. adorbs. okay. we've got to give them the hollywood logo and lexicon out there, dahling -- [laughter] your people should call my people for the fat. >> reporter: they don't talk that way out here. [laughter] liz: they'll learn it soon enough. great to see you, jeff. thank you very much and thanks to stuart. 75 years in the business, amazing. starbucks was the first to say it wanted to be your so-called third place after your home and then work. well, now farraday futures is hoping your driveway could be your new ultimate hangout. the ceo of the luxe collector car company is here on his first day in the public markets. we'll show you how the stock is trading as the closing bell is

about to ring in 29 minutes. we do see just a bit of paring for the dow's gains, up 26. s&p up 6, we had been up 9. nasdaq up 50. don't go away. ♪♪ on a full line of vehicles. at the lexus golden opportunity sales event. get 1.9% apr financing on the 2021 rx 350. experience amazing.

well, would ya look at that! on the 2021 rx 350. it was an accident. i was— speaking of accidents, we accidentally left you off the insurance policy during enrollment, and you're not covered. not even a little bit? mm-mmm. no insurance. no. when employees can't enter and manage their own benefits enrollment information, it can be a real pain. not even— nope! with paycom, employees enter and manage their own hr data in a single, easy-to-use software. visit paycom.com and schedule a demo today.

keeping your oyster business growing has you swamped. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. ♪♪ liz: mercedes benz the latest auto giant to announce it's going to go all electric by the year 2030. luxury car parent daimler, stock is flat at the moment, slightly higher investing $47 billion to make sure mercedes benz hits its ev goals, but guess what? they may have to inhaul one start-up's -- inhale one start-up's fumes already. farraday few cher, fsie, after closing a spac deal with property solutions acquisition corp.. on this first day of trade, shares are moving higher with by

three-quarters of a percent, so what does the future of elite electric vehicles look like? to ceo carston wrighting feld. you're talking to an investor audience that is watching and listening right now, and i'm going to guess they're going to ask how is this guy, who hasn't a had one car roll off the assembly line, going to beat mercedes benz in the luxury ev market? tell us. [laughter] >> okay. first of all, thanks for having me, liz. it's nice to meet you. this is a great day for us. the investment community to give us a billion dollars to start our business, we hit a very important milestone today, and within 12 months we are going to deliver the product you see right now, the first really ultra-luxury ev electric and connected car. now, our strategy is we are building a top, premium brand. we are coming from the top.

this will be the first step. liz: i knew it. you know, we were talking this morning in the morning meeting, and they were saying, well, you know, how are they going to compete with tesla? i said is, tesla are, i have a tesla. i wouldn't say it's luxurious. rolls royce is luxurious. what's in it that you can convince me that this is as luxurious as a rolls? >> first, the future of mobility, the future of transportation will be different from the past. so it's not only great design, it's not only great driving performance, 50 horsepower, 0-60 miles in 2.4 secondses which really drives like a race car, we call it living space. if you want -- you can sit on the rear seat, you have 49 inches of leg room, you have a 27-inch displace, you have

high-speed connectivity to the internet, you can work in it. and this is very different from everything else you see in the market. the product differentiates a lot from what everybody else you would see. liz: well, you know, lest we make it sound like you've just got prototypes behind you, you are looking at, for our viewers, one of these. tell me exactly what the price point will be and, on top of everything else, you are now building out a plant in china. so is i would imagine that that's either for the opportunity to capitalize on their marketing or their manufacturing rather, but more importantly, you think that there's an audience, there's a customer audience there for that in asia. >> of course. you start with a top product, you have a specific -- and the price point will be beyond $200,000 u.s. and then the next product we will go down one segment, then

we arrive to the -- and around $45,000, way more affordable. but we are starting production in california, and we have our own plant, our pilot plant in central valley, california, and then the next step is we are going to launch our sf81. you were mentioning china. we are looking for partners in china right now to do manufacturing in china as well because, as you know, if you want to be successful in the chinese market, then you have to build locally as well. liz: okay. claiming it's so connected, i would imagine that are quite a few microchips within each one. how is the shortage affecting you right now? >> you know, we had -- we have high-speed connectivity, i cannot give you an example

number of chips, but i can tell you it's a lot, and they are very, very powerful. it's a temporary thing right now. we are going to launch in 12 months from now and -- if oh companies are selling way more cars than us. our luxury product in the first nine months we are going to build a couple more than 2,000 of it. so the volume is quite small, and we will not be affected by the shortage. liz: okay. as long as there are cup holders, i'm in. [laughter] 200 grand, i'll test drive it. that's about as far as i can do. we look forward to watching the first one come off the assembly line, carsten, good luck to you and the team. >> thanks for having me. liz: he is looking at the first day of trade, up just about 10 cents to 13.88. banking on herd immunity, what the nation's biggest banks and financials are now saying about bringing workers back to the office. charlie's going to break that

next. and the amazing story of ben midgely. hear how he became the founder and ceo of crunch fitness franchise. he never finished college, ended up trading out work at a gym for a free membership. yeah, cleaning and repairing gym equipment. flash forward 15 years and he's now the ceo. hear his inspirational ceo in i my latest everyone talks to liz podcast. it's available on spotfy, apple, google, wherever you get your podcasts. folks, just 18 minutes left to trade. we now are in the third day in a row of gains, albeit slightly more muted today than tuesday and wednesday, but we're still there. could that change in a few minutes? i don't know. we'll be watching it for you. charlie breaks it next. ♪♪ you oughta customize your car insurance with liberty mutual, so you only pay for what you need. oh um, doug can we talk about something

other than work, it's the weekend. yeah, yeah. [ squawk ] hot dog or... chicken? [ squawk ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x it. yum! ♪ ♪ when technology is easier to use... ♪

barriers don't stand a chance. ♪ that's why we'll stop at nothing to deliver our technology as-a-service. ♪ [ "me and you" by barry louis polisar ]

to d ♪ me and you justogy singing on the train ♪ ♪ me and you listening to the rain ♪ ♪ me and you we are the same ♪ ♪ me and you have all the fame we need ♪ ♪ indeed, you and me are we ♪ ♪ me and you singing in the park ♪ ♪ me and you, we're waiting for the dark ♪

♪ liz: for a brief moment today, a global web site outage caused concern for people trying to access sites ranging from online brokerages to amazon to oracle. akamai confirming the disruption was caused by a glitch in its system that occurred during a software update. the actual glitch sent amazon, fedex, delta, american express, home depot and a slew of other major companies' web sites offline for about an hour. akamai is now reviewing its software, kind of scrutinizing it to see how it can avoid a similar situation in the future. akamai also confirming this was not a cyber attack. while, yes, it freaked out, i'm sure, some of the people who run those web sites, it did not hurt the companies' stocks. at least for amazon and home

depot, moving higher. we did have a little be bit of a hit to fedex, delta and american express. all right, 13 minutes before the hour here. desks are manned at some of the nation's biggest banks right now amid goldman sachs' and jp mo began's mandated -- morgan's mandated return to work this summer, but will the delta variant throw a wrench in the plans to bring everyone back this fall? charlie gasparino's breaking the story is -- >> well, if you believe the vaccines work, and there's all the scientific evidence that they do at least prevent severe illness and hospitalization, wall street doesn't have a lot to worry about. 90% of the executives particularly in new york city that work at jpmorgan, bank of america, citigroup, morgan stanley, goldman sachs have received a vaccine. so wall street executives believe their population, at

least their population, has a form of herd immunity, so to speak. so they're very well vaccinated. now, here's the rub and here's why every wall street firm i talk to is planning for all sorts of contingencies that would include delaying the reopenings. they don't know what the public policy response will be here in new york city. does, you know, will there be a lockdown? probably not in the order of what happened last year. most people i talk to on the street i think it's highly unlikely that de blasio and andrew cuomo's going to go back to the harsh lockdowns. not impossible but highly unlikely. what you could see is something you're seeing in los angeles that governor newsom in california is considering and that's a statewide indoors max mandate for everybody -- mask mandate for everybody, not just the unvaccinated. and that could be a problem for opening up wall street. here's how it was described to me, liz, and help me out here. if you bring back thousands of people which, you know, goldman

sachs' headquarters on the west side houses a lot of people, thousands. you bring back thousands of people to jpmorgan, morgan stanley -- those are the three firms that have the most mandated return to work policies. jpmorgan and goldman immediately, morgan stanley out a month after labor day. you really can't replicate the office environment of meetings, being on the trading desk, dealing with clients. it's, everybody is masked up it just defeats the purpose, i'm told. so if we go for a mask mandate here in new york, which is possible, much more plausible, i think, than the closures, you could see all these firms delay their return to work until later in the year, you know, maybe -- after the fall, maybe a late fall. i mean, that's what they're talking about here. and, again, it's all dependent on what the public policy response is. there was a report today that the biden administration and the cdc may change the mask guidance for indoor even for vaccinated

people, that indoors you should be wearing masks. there's talk in, you know, when cuomo might do that here in new york, follow the lead of what's going on in los angeles and maybe in the state of california. that's where this thing gets tricky, and that's why every major firm, liz, is looking at a con stipwent city -- contingency plan if we go this route. e personally, you know, follow the science. if you're vaccinated, i can't understand why you need to wear a mask given what i know is going on in new york city hospitals which my brother works in one. there isn't a single person that he's seen so far in his icu that was vaccinated. just, you know, it's finish those are the facts. back to you, liz. liz: yeah. well, vaccines work, but i just heard of a case of a breakthrough case of a guy in vegas for the weekend. fully vaccinated, just got it. >> is he -- was he severely ill?

liz: i mean, he's feeling the symptoms. feeling the symptommings. >> but like i said, you know, it's not going to be perfect, and is we're going to have to live with this. liz: of course, absolutely. >> but if you're vaccinated, the chances of you getting it, like, landing in the hospital are very, very, very low. and don't take my word for it, my brother's an expert, m.d., ph.d., brooklyn hospital. he's got great credentials -- liz: now. >> you know. you met him. liz: i love dr. jimmy. thank you, charlie. you guys know this about me, maybe you don't, i spent nine years in local news where, when we had a story, we went out in the field to cover that story. so in march when we land ared the ceo of bitcoin atm maker coinflip, i went straight to a deli in hackensack, new jersey, to try it out before i did the interview. the company that makes those atms, coinflip, has a new ceo. he is here a day after the

b-word conference to tell us if the crypto crash and, you know, hasn't really recovered whether it's putting a crunch on the rollout of his machine or make a game-changing announcement. closing well ringing in just 8 minutes, we're coming right back. for 45 years. i've been taking prevagen on a regular basis for at least eight years. for me, the greatest benefit over the years has been that prevagen seems to help me recall things and also think more clearly. and i enthusiastically recommend prevagen. it has helped me an awful lot. prevagen. healthier brain. better life. . .

i've spent centuries evolving with the world. some changes made me stronger. others, weaker. that's the nature of being the economy. i've observed investors navigating the unexpected, choosing assets to balance risk and reward. and i've seen how one element has secured their portfolios, time after time. gold. an element so agile and liquid. a proven protector.

an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. ♪. liz: bitcoin, ether, and litecoin, all bouncing to the upside at this hour after the b-word gathering of the crypto world most elite names. this was a bit conference, virtual, but you have major names. elon musk was part of this. he confirmed he personally owns not just dogecoin and bitcoin by ether. he has taken a stake in ether. spacex ceo also confirming not just tesla which he also runs but his rocket company has taken

a stake in bitcoin. etf guru, arc invest cathie wood going a step further, saying you know what? all companies should have bitcoin on their balance sheet. bitcoin cheerleaders revive the spirit of the virtual world what impact will it have on one of the fastest growing businesses in the crypto sphere, the atm maker for crypto sphere, coin flip. let's bring in coinflip ceo, ben white. ben, the stat is amazing, you are shipping how many of your atms daily now? >> first off, thanks some for having me on. we're shipping 330 atms a month you know, all over the country, from new mexico to florida to maine. they're going out every single day. there are dozens of installs across the country in convenience stores, in gas stations, in restaurants. we can barely fill the demand quick enough. liz: that to me is fascinating.

these are all the states now, you just added alaska as i understand it? how many in alaska? >> i think we're at least three or four in alaska for sure. it takes longer to ship there. but i mean people want bitcoin in alaska, north dakota. it is not just the big cities. i think every american deserve as chance to buy bitcoin if they want to. coinflip wants to cover every single corner the country and also the world. liz: it is not just bitcoin. i went there in march when we would profile your company, i was ready to buy dogecoin through it because doge was the hot ticket at the moment. i went through the process. it involvded with the app, in the end i got an error message. have you fixed those glitches. i was ready to do it.

dogecoin was at 7 cents then? i could have been in the money 60 bucks now. what have you worked out about the machine? >> thing about the industry it is so fast moving. we were getting hundreds of customer support calls for dogecoin. we put it on the machine, that was a heavy lift. of course there will be errors from time to time. we have 24/7 customer report. as great as coinbase is, 85 billion company you can't get anyone on the phone. coinflip 24/7 customer support. it is a quick moving industry. we will make mistakes time to time but we're always there to fix them to get people the coins they want. liz: ben, i want to quickly say you hired neil patrick harris the actor to educate people. we want to show a little bit of that. thank you very much. you guys now have more than 2500 of these atms across the

united states and expanding quickly. we're watching coinflip. you have to come back for us, ben thank you very much. ben weiss of coinflip. here we go the closing belgians to ring. third day in a row of gains. a little more tempered compared to moves on wednesday and thursday. we have at the moment gains for the s&p and the dow. ♪. larry: hello, everyone, welcome back to "kudlow." i'm larry kudlow. how about we start with some daily hot topics even pet peeves which may or may not be discussed in the show. if we don't get them tonight we'll get them tomorrow. first up i'm totally peeved about the biden cave-in to vladmir putin on the nord stream pipeline that trumpers like myself stopped a couple years.