accepted by the end of the year so i think there's a lot of headwinds ahead a lot of regulatory headwinds and we could still see $30,000 again or lower, ultimately charles though you know i'm a bitcoin boy in the long term six figures is on the horizon still. charles: luke, i'm with you there. i'm going to buy one of these dips one of these days thank you so much, my friend. all right, well the market acts pretty good. you can, it feels like it's a coiled spring, as i hand it over to liz claman. liz: i know, and look at this , we've got markets aiming for two sessions in a row to kickoff the last week of july trade and it is going to be a very busy one. any gain for the dow, s&p, or the nasdaq will be second straight record closes and right now we've got them and the dow is holding above 35,000 at the moment pretty comfortably here, s&p up seven, we've got the nasdaq right there, slightly higher we'll see if it can hold on in the next 59 minutes. big tech earnings high on the list of potential market movers as a cyber pandemic

threatens businesses big and small. the ceo of cybersecurity firm checkpoint software technologies is here in a fox business exclusive on what companies must do to prevent hackers from holding their data hostage and we have breaking news on how one company that was recently hit by ransomware is now saying we are not going to pay, and we've got a tail of two sectors as commercial real estate broker s cash in on warehouses while office space leases lag, the colliers international ceo is putting it all into perspective in a fox business exclusive wait until you see the stock performance on that one, plus yeah i'm watching the clock here, tesla reports earnings after the bell for its second quarter but it's gaining new competition right now as lu cid motors goes public via spac. we've got the former tesla executive running lucid motors hoping to knock elon musk off the ev throne. he's here for his final hour of his first day of trade. let's round out into the last

hour, we've got the dow firmly on pace for that second straight record close after hitting an all-time high. this be its 29th record close of the year, but what happens, going forward, depends on a very bunch of crucial issues that are unfolding this week. let's get you the monday setup here we're about to hear tesla report earnings as we mentioned and that's not all. look at all these names that the could control the levers of the stock markets this week. boeing and ford on wednesday, but before that, ups, microsoft, alphabet, google, starbucks tuesday, thursday you is comcast , merck, mastercard, t-mobile, exxon-mobile, chevron, along with caterpillar which obviously is always an infrastructure play , right? big tech consumer names oil majors all of them have the power to move the markets, and then there is this gentleman , fed chair jay powell set to speak wednesday post- fomc rate decision of course we're not going to see any moves on rates i can predict that much, but the fed

begins tomorrow, two day meeting , right and when he does speak on wednesday, he will touch on topics ranging from inflation to yes, the deadly delta variant, and ahead of thursday's robinhood ipo, ceo along with other executives held a virtual road show this past saturday discuss everything from financials and growth prospects to robinhood's planned expansion into retirement accounts, as well as the creation of cryptocurrency wallets. so, which one of all of these, right? has got the most muscles to move the markets? to our floor show traders sarge and scott. what do you think the biggest market mover will be, sarge you take it first. >> all right, well, it's going to be the policy makers, and it probably won't be on the monetary policy side like we would expect with the fed meeting. it'll come from the fiscal side. i believe from the broader perspective, that we'll probably see a disappointment, it could be out of congress out of senate we won't get the size of the infrastructure package or the spending plans that we hope

for , and that'll probably ding the economy moving forward. as a trader i'm looking much more microscopically looking at apple and amd, microsoft, service now, ford, and amazon. those are my big six this week. i'm in a lot of other stocks besides that but those are the big six. liz: when you say long, big six long, can i just clarify that? >> oh, i'm long all six of these names and i'll give you target prices and where i'll add and sell them if we got time. liz: all right, scott, let me turn to you. do you have a pick on which one holds the most heft to move the markets and 30% of the s&p companies are going to report earnings this week. it's a very crowded calendar as we just showed you guys. >> yeah, liz so what sarge just said you have to really make a defined moment between the short-term, what's going to happen this week, maybe next week, and longer term. i agree with sarge that infrastructure policies like

that probably have more of an impact longer term but for what's going to happen right now, it is still squarely on apple, amazon, google, microsoft i know that is boring and i know that fang has fallen out of favor, but the bottom line is these stocks are still the heavyweight of this market, and how those stocks go in the short run right now, is how the market is going to go this week and probably next week yes, you're right, liz. you said before, powell is not going to say anything about lowering rates right now, we know that and that's going to not be anything until next month we got a report from goldman sachs this morning cutting growth forecasts, so in terms of -- liz: let me jump in there. >> yes? liz: but scott, last friday, we had david kelly, one of the best economists over at jpmorgan. he said 10% gdp for the quarter. that's the print he is looking at, so you know, you got dualing

choices here, and we know what the economy is doing. it is roaring ahead, is it not? >> it absolutely is. they can print 8%, they can print 10%. the way the market is trading, it's going to take it in stride in my opinion. again, for the short run, for this week next week, it is those four heavyweights maybe a couple other names that sarge had mentioned as well. going forward, yes. interest rate policy, infrastructure, gdp economic reports, absolutely. that's what's going to drive us to the rest of the third and fourth quarter. for the immediate term especially for that trader, those are the names you gotta watch. liz: sarge, what do you hate here? i always like to hear that. go ahead. >> what do i hate? well, i hate actually david kelly's call because i am a professional economist and i've been writing that the economy is past peak for probably over a month now, so, i welcome goldman sachs to the story i've been writing, they probably have a couple over there to get market

recon, and i do believe that the economy is past peak growth. what do i hate? i'll tell you i don't know what i hate, but i will tell you what i'll do tonight. tesla. if tesla jumps on these numbers tonight, i'll probably sell some and if they smash tesla, i'll probably buy some because that's what traders do i'll take the other side. liz: yeah, great to buy. >> i don't hate your commentary liz: hey! [laughter] great to see you both. scott, sarge, yeah, listen, you both are top. i watch you and read you all the time and in the meantime let's get to the fox business alert we got to get to this. china dropping the hammer in today's pop stocks, first of all , let me backup the clock here. the hong kong stock exchange, called the hengseng fell more than 4% overnight, a flurry of regulatory moves taking down china's top foreign rated stocks , first up the crackdown

on four profit chinese tutoring giants this started last week but friday's threat really came to fruition over the weekend. the chinese government has now ordered for profit education companies to register as non-profits. not good for publicly traded companies, right? new rules are also banning private education firms from raising capital, or going public, a clear shot across the bow for those who dare to lift on the u.s. stock exchanges and other countries. names like edu, gsx caltech which is go to, you look at these names they already fell more than 50% on friday, you've are down 23%, and edu down 30%, gsx down 27% all three gutted on these new limits which also include banning holiday and weekend tutoring sessions and no foreign textbooks allowed. god that's so china. tencent music is also taking its hit as its participant company now being barred by the government from exclusive

music copywrite agreements. chinese regulators also slapping the tech titans with a new round of fines due to alleged unfair market practices in the online music market so these are two companies here. tencent holdings, tcehy, that one is down 10%, listen friday it was at 66, it's at 59 and change and then tencent music totally separate company, but of course, related down 2.6%. china's another market titans also taking new blows at xi-jinping's regime looks to remind its homegrown capitolists whose really in charge and of course the report that cathie wood, yeah, she is selling off chinese stocks because there is this huge question mark over what government will do next. all right, from red to green let's look at bitcoin hitting a six week high. folks this morning, trading 9,000 dollars higher than it just was trading a week ago, that was at 38,000. look at it right now at 40, 018, that's a gain of 22% right now.

ethererum better by 16%. litecoin, jumping 15%. what's going on here? well, you know, there are always triggers with crypto but new signs that amazon may not only be accepting considering accepting bitcoin as payment by the end of the year, but it's also toying with making its own token in the future. that of course has breathed new life into the crypto world and they also listed a job posting for a crypto expert. all right, so no wonder we got a lot of green on the screen and then you got the crypto comeback ceiling the digital currency minors riot blockchain marathon, highest blockchain going nuts right now riot is jumping 21%, marathon is up 19% apiece. crypto exchange coinbase making a nice moved to, we do have coin , better by let's look at it , 10.25% at 247 but remember this was a $400 stock. so, needs to go a few more dollars before it can get up to

that. cryptos back in the sun today but its been a dark few months as cyber criminals make bitcoin and other digital coins their ransom of choice. coming up, the company that help ed save microsoft and a slew of other top names from more ransomware attacks, but the ceo of checkpoint software now says the biggest threat companies face may be coming from inside your home, with the closing bell ringing in 49 minutes dow jones industrials in the green up 57 points we are coming right back with the exclusive interview checkpoint ceo when the "clayman countdown" returns. this past year has felt like a long, long norwegian winter. but eventually, with spring comes rebirth. everything begins anew.

and many of us realize a fundamental human need to connect with other like-minded people. welcome back to the world. viking. exploring the world in comfort... once again.

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: we are just getting this breaking news in the last hour. casea, the company you may remember hacked over the july 4th weekend, resulting in the loss of data more than 1,500 of its clients, revealing at this hour, it did not negotiate with the cyber criminals behind the attack who had demanded $70 million in exchange for a decryption tool to get the stolen data back. no they did not negotiate. all right, so that's interesting

you know, we're talking about all kinds of problems here, but you can't ignore the fact that the delta variant is running rough shot across the united states as covid cases and the push to get vaccinated against the virus both rise dramatically. the delta strain now represents 83% of new infections here in the united states and un vaccinated americans count for 97% of the most severe cases the state of florida, by the way , leads in the u.s. with 73, 100 new cases over the past week according to the cdc. the worsening situation forcing some companies to extend work-from-home policies which could also extend a different kind of pandemic. the cyber pandemic. that's what the ceo of cybersecurity company checkpoint software technologies is calling it he is joining us in a fox business exclusive. first, i want to get to this key seya news. they are refusing to negotiate. i know they aren't a customer of

yours but what do you advice customers who come to you and say we've been hit with ransomware. to talk to these devils, bad guys and negotiator don't pay the ransom? >> it's definitely a tough call again, i think morally the right thing to do is not to pay the ransom but if your business is going down and your infrastructure is down then you need to consider what to do. we have like many offer some practitioners that know how to deal with it but know how to bring the right things into consideration, but it's definitely a cuff challenge, yes liz: yeah, you are directly correlating the rise in ransomware attacks to the work-from-home, work from anywhere movement. can you give us the evidence that you have that makes people & company employees more vulnerable to these kinds of attacks when they are not at the home base? >> first, we've seen in the past year, like 93% in

sophisticated attack especially ransomware, in the beginning months of the corona, the hacker s were also a little bit confused but two months later they came back in full force and started attacking the way we haven't seen before and i think the issue is very simple. when you're at home, your daughter, your son, you're playing around the internet and you may catch some malware on your computer. this computer is now the jumping point to get into the enterprise something that's never happened before. my developer never has access to our intellectual property from outside the company premesis. in the past year and a half, they say 90% of our work is people working from home. liz: yeah, you know, i'm going to ask you a question that might be uncomfortable maybe for you to answer, but i do have to ask, what number of your customers, your clients have been hit in these past 12 months by ransomware? >> big attacks, it's a huge

percentage of them, and the attacks is actually a very low number. people that use our platform to its full extent, so far, i haven't seen a single case of someone like that. unfortunately, i've seen a case or two of customers that haven't used the right tools and they did get hit with ransomware but people that use our technology, i'm glad to say, stayed safe. liz: well, you guys have had booming business, triple digits sales growth. in fact i believe you're on track for your second year in a row of 2 billion-plus in revenues. that's amazing, as you look at the russian or at least russian-related according to the allegations, cyber hackers, u.s. , germany, all of those companies, have really gotten hurt badly, countries rather have gotten hurt badly but with such great numbers that you have had, please tell me, gi l, how do you get more investors on your stock and your

shareholder story here? >> first our investors are supporting us quite well, obviously like everybody else you want to do better and i think we definitely need to add more customers and i think that's the secret for every ceo, every startup every big company and you need to get more customers on our platform to get the security that we provide , and better technology, more customers. liz: yeah, we're watching it, you are the largest cybersecurity company out of israel. you have done incredibly well. we continue to watch your company, and go for it. we've got a lot of competitors out there, whether it's z-scaler or palo alto networks, bill let's see how checkpoint software does in the future. come back again. >> thank you very much. appreciate it. stay safe. liz: oddly, thank you, you too, and oddly, the pandemic is spark ing a boom and bust in the

big city. a tail of two commercial real estate markets now emerging and where you might find the best stock opportunity to play it. the colliers international ceo is next in another "clayman countdown" exclusive, plus, we are now just over 40 minutes away from the tesla earnings numbers out. stay tuned, we've got a preview coming up. as i observe investors balance risk and reward, i see one element securing portfolios, time after time. gold. your strategic advantage. with voltaren arthritis pain gel my husband's got his moves back. an alternative to pain pills voltaren is the first full prescription strength gel for powerful arthritis pain relief... voltaren the joy of movement

we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for network quality in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon. that's why we're building 5g right, that's why there's only one best network.

do you have a life insurance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. our friends sold their policy to help pay for their medical bills and that got me thinking. maybe

selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned that we can sell all of our policy or keep part of it with no future payments, who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit conventrydirect.com to find out if you policy qualifies. or call the number on your screen. coventry direct, redefining insurance. 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! liz: one of the pandemic's worst hit sectors actually finding new opportunities, even as the delta variant races across the nation. amazon has spurred a new commercial real estate boom for warehouses, so much so that get this , rocks financial, this is a company leasing just one of its warehouses in san

francisco to the e-commerce giant, is filing for an ipo, a boost is ratcheting up the need for warehouse space but at the same time commercial real estate seeing mass vacancy rates for office space around the nation. the problems pretty much the same worldwide but global real estate giant colliers international group stock has managed to sore more than 116% over just the past year perhaps due to diversification in its portfolio which includes high demand warehouses, as well as office and real estate property, retail the u.s. president is joining us now on a fox business exclusive. gil, as i read it, diversification is boosting your business. can you break down the first of these two sub sectors, how much industrial or warehouse real estate do you carry? >> yeah, thanks, hi, liz. well, we happen to be fairly heavily concentrated in industrial versus some of our competitors. office stock is still the

largest inventory in the country, in the world and the largest business that we do but in relative terms we have a higher concentration of industrial and obviously, that diversification has obviously turned out to be very good for us representing buyers, sellers, landlords, and lessees in the industrial space and you're right the amazon effect as they call it or the increase in e-commerce has been driving a demand for that type of space. liz: well can you tell us what type of customers, i mean, i'd love names, i don't know. is it kroger? costco, whose really signing up for your warehouse and industrial properties right now? >> yeah, it's across-the-board. a lot of the grocery chains for sure, a lot of the wholesalers, you have electronics companies, best buy for example, that need more space to get their goods to store or shipped quicker than historically, obviously amazon is the biggest name needing the

last mile distribution and so the demand is speaking up, even in areas where maybe there wasn't demand previously, and an expansion across geographies or further expansion because there's no space in the traditional areas, so it's a lot of demand really across-the-board. liz: gil, are you seeing, i don't know, i guess wars, bid ding wars? give me a sense of how competitive this business is, and what it means for your pricing. >> it is a very competitive, now we as a broker, if you will, generally acting as a broker, get a percentage of any particular deal, a lease or a sale or whatever it might be. you are seeing activity increased activity increased bid ding and it wouldn't be surprising to have 25 or 30 bids on a sale of a property particularly if it had amazon in it as a tenant, with a long term lease, right? that's a very highly-priced and highly sought after asset at the

moment. liz: yeah, you definitely want a customer whose going to be able to hold on to these long term leases which is exactly what commercial real estate really demands. let me slip over to the office space component, the subsector that's really flagging at this point. i mean, nationwide you're at about 16% vacancy, manhattan's higher than that, miami. this shocked me because oh, supposedly all these companies are flying away from california, new york, to setup shop in miami miami's office vacancy rate is at 20%. that's what we can find here. tell me what's going on here, and when you start to see an opportunity for really signing long term very in expensive leases? >> yes, so there is a cycle, and obviously, we're at or near the bottom and what i mean by that is vacancy rates are about as high as they're going to go. i believe we're just a tad below where we were in 2008 and 2009

or just approaching where we were in terms of vacancy and obviously, there's a lot of space available, firms are shed ding space, because they can't see or they couldn't see the end of the pandemic and i told the delta variant came along, i think confidence was building and we were starting to see those trends reverse for the good, so while there's a lot of space and there's still space coming on to the market that sort of a bell weather in terms of the health of the office market, if the pace had slowed. it remains to be seen, you know, what the july numbers show because the delta variant is sort of changing the perception built. liz: yeah, i understand that, but you know, you've got bigger metropolis' that are really struggling. does that mean that as we see this urban flight to suburban areas as people live there, will we start to see bid ding wars at least in office space in smaller towns, in smaller cities? >> very perceptive question and the answer is yes. you're already seeing that,

there's more demand in suburban areas so pricing, of course, commensurately goes up, but i will say in terms of the delta variant aside, if you look at take manhattan, one of the stats that we look at is demand for apartments and you say well why apartments? well demand for apartments has gone up which means people are moving back into the city. probably in anticipation of many firms that at this point still have workers required to come back after labor day. we'll see if that changes one or two large firms have already announced postponement but when you see apartment demand going up and concessions in that space going down, that tells you that people are returning to the city and it tells you that offices will start to fill up. at least that's the latest information we have. liz: yeah, i don't know if you're a smart businessman or woman, you can strike a really good office space deal at this point, especially in the big cities. thank you so much, gil borok of collier inter national.

>> thank you. liz: can we look at tesla shares right now, they are moving higher pretty much throughout the entire session here, up about 2.5% as america's original ev giant prepares to report quarterly numbers after the bell, which is interesting timing, considering the chief engineer of the tesla model s now bursting out on the scene at this hour, debuting his own lux ev company on the nasdaq. the ceo of lucid motors is here live to tell us how he plans to maybe push his old boss, elon musk, out of the ev driver seat folks we are at session highs right now, dow up 70 points at the moment, with about let's say 28 minutes to close. we're coming right back, don't go away.

♪ 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. expedia. time. it's relentless. we do everything but control it. and when it's running out. we relentlessly try to protect it. because "all the time in the world" it's just a saying. today, for women living with hr+, her2- metastatic breast cancer, more time is possible with verzenio. proven to help you live significantly longer when taken with fulvestrant.

verzenio + fulvestrant is for hr+, her2- metastatic breast cancer that has progressed after hormone therapy. diarrhea is common, may be severe, or cause dehydration or infection. at the first sign, call your doctor, start an antidiarrheal, and drink fluids. before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. life-threatening lung inflammation can occur. tell your doctor about any new or worsening trouble breathing, cough, or chest pain. serious liver problems can happen. symptoms include fatigue, appetite loss, stomach pain, and bleeding or bruising. blood clots that can lead to death have occurred. tell your doctor if you have pain or swelling in your arms or legs, shortness of breath, chest pain and rapid breathing or heart rate, or if you are nursing, pregnant, or plan to be. if you have hr+, her2- metastatic breast cancer. more time is possible. ask your doctor about verzenio. experience our advance standards safety technology 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. so many people are overweight now, and asking themselves, on the 2021 rx 350. "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally helps reverse insulin resistance, stops sugar cravings, and releases stubborn fat all while controlling stress and emotional eating. at last, a diet pill that actually works. go to golo.com to get yours. liz: electric vehicle super power tesla gearing up to release second quarter earnings after the close, so we're about

call it 25-26 minutes away. wall street looking for earnings per share of $0.98 on $11.3 billion in revenue, but investors are also dying to know more about the cyber truck timeline and whether tesla has secured battery supply. with about as we said, half an hour before the q 2 report, tesla shares moving higher by 2.5% to $658.90 but one of tesla 's newest biggest competitors, right now, looking to drive the original ev maker maybe just a bit off course. lux ev startup lucid motors now publicly trading under ticker symbol lcid, after completing a reverse merger, zooming in as the most well-funded ev start up ever, ahead of its debut, the stock up 8% for lucid at the moment and let's get to lucid motors ceo and cto, peter rollin son. this is interesting, timing is

very very interesting as the chief engineer of the model s back in the day, what's it like for you to helm your own ev company on this first day of trade? >> it's a wonderful experience but look, this is a combination of so much effort from the team. this is a team effort. this is what lucid is about, a team effort from brilliant people, scientists, engineers, designer, pulling together to create this complex product. lucid is going into production later this year, the most advanced ev in the world. liz: let's get to prices here because i know our investor audience wants to know price because then they can extrapolate or try and you late if you will the ability to make this a popular or smart stock to invest in. the lucid air, as i understand it, about $69, 900 going as i high as for the air dream edition, $161, 500. who is your core buyer here? >> we're looking at those who are currently driving typically

mercedes benz s-class, we're competing with the top table against mercedes, audi, bmw and porsche and we start with the dream edition and a high end product, 1,000-horsepower, some versions over 500-mile range, but my passion is to drive that cost down as soon as possible, and the sooner we can get the pure edition, the pure air out late next year, then we can get that price point way down into the 70,000, and beyond that, we'll have other models mid-decade which bring the price into a much more affordable realm. liz: well yeah, because you have experience in doing that, having been the lead engineer of the model s, which is the least, sorry, model s is the fancy one. i just got a model y which is to me, affordable certainly moreso than my lexus hybrid, so you've got to tell me, how you

plan to scale up, you have 11,000, as i understand it, 11,000 reservations. >> we do. liz: do you expect all 11,000 or at least the greater part of these to come through and actually take ownership of these cars? >> we'll see. i mean, people put serious money down up to $7,000 deposit in the case of the dream edition. dream edition is already sold out and we've got a very useful combination of pre-orders for grand touring, touring, and air pure, but you know, like so many products things really take off when they are in the hands of customers. they will be the best evangelist for the brand when people use these cars, and really enjoy them, and talk to their friends about the press. liz: one of your competitors, and i would say at least an apples-to-apples comparison as close as we can get as far a

day future they were on last week and of course they too just did a reverse merger a spac and they went public last week. their stock is getting hit today down about 7%, again they are saying they want to compete with the rolls royces of the world, but all electric. if i had to choose between the two, make your case to our investor audience right now for that. >> well, i think it's important to start with it a high end product because the product defines the brand so we need to start with a technological tour de force and the lucid air dream edition is exactly that over 1,000-horsepower, but we also want to change the world. so it's important for us that we don't start where there isn't that much volume potential. i'm very cognizant of the volume potential in this marketplace, so we have a car here which will start at 169,000 for dream edition. we can get that price down to 77

, 400 and that can't come soon enough, late next year. that's the mission to transition mankind towards sustainable mobility through technology. that's what we're about. liz: peter i want you to finish this sentence for me. no one is going to be buying, not driving, no one is going to be buying gas-powered cars by the year what? >> i think it's going to be 27, something like that, 26 or 27. the pendulum is going to swing noticeably. there's the two big obstacles. one is range anxiety and we've managed to address that with over 500 miles, and we're doing that through efficiency and it's the very efficiency of our technology which will drive the cost down, because it means we can travel further with a smaller battery pack, and that means in the future, we can use

this very same high-tech, high efficient technology to create a car with a more reasonable range , but with proportionately smaller battery pack, and drive the cost down that way, and that's what the world needs, more attainable ev's. liz: great to have you peter on this first day of trade, the stock up 7%, debut on the nasdaq, peter rawlinson of lucid motors, look forward to at least test driving one good luck , thank you. >> thank you. liz: the bank reeping the benefits of wall street's race to return to the office. charlie is going to break this fascinating story next, closing bell ringing in 17 minutes. look at the russel up 7 points, the nasdaq up just half a point. that's good enough for a record close if it can stay there. ♪ limu emu & doug ♪ oh! are you using liberty mutual's

coverage customizer tool? sorry? well, since you asked. it finds discounts and policy recommendations, so you only pay for what you need. limu, you're an animal! who's got the bird legs now? only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker. ten-x does the same thing, - but with buildings. - so no more waiting. sfx: ding! see how easy...? don't just sell it. ten-x it. hooh. that spin class was brutal. well you can try using the buick's massaging seat.

oohh yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. pick something we all like. ok. hold on. what's your buick's wi-fi password? “buickenvision2021.” oh, you should pick something stronger. that's really predictable. that's a really tight spot. don't worry. i used to hate parallel parking. [all together] me too. - hey. - you really outdid yourself. yes, we did. the all-new buick envision. an suv built around you... all of you. only 6% of us retail businesses an suv built 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. ♪ ♪

in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. so... i know you and george were struggling with the possibility of having to move. how's that going? well... we found a way to make bathing safer with a kohler walk-in bath. it has the lowest step-in of any bath. it has handrails, a wide door, and textured surfaces. so it gives you peace of mind. and you would love the heated backrest - and the whirlpool jets - and the bubblemassage. and, it was installed quickly and conveniently

by a kohler-certified installer. a kohler- authorized dealer walked us through every step in the process and made us feel completely comfortable in our home. and, yes, it's affordable. looking good, george! we just want to spend as much time as possible, in our home and with our grandkids. they're going to be here any minute for our weekly spa day. ooh, that bubblemassage! have fun! stay in the home and life you've built for years to come. call 1-800-986-5068 to receive fifteen-hundred dollars off your kohler walk-in bath. and take advantage of our special offer of no payments for eighteen months. (announcer) if you've struggled to lose weight, you might think you were born with a slow metabolism, but what you may have is insulin resistance. fat becomes trapped inside your body and it becomes very difficult to lose weight. now there's golo. golo works to reverse the effects of insulin resistance, increase metabolic efficiency, and targets stubborn belly fat. join over two million people who have found a smarter way to lose weight and get healthier. go to golo.com and change your life.

that's g-o-l-o.com. liz: wow i am looking at hasbro working its spell on the markets in the final hour the top stock on the s&p surging 12% after a rebound in its entertainment division, and a sales boom specifically in its wizarding games unit. what does that include? the cult card game favorite dungeons and dragons boy that goes way back and magic helping send both eps and revenue past estimates in the second quarter stands at $103.51 that gives it a 9% gain this month alone. news breaking this afternoon, california is going to require all state employees and healthcare workers be vaccinated or face regular weekly testing. this on the heels of an announcement this morning where new york city mayor bill deblasio announced he's expanding the city's vaccination

or test mandate to cover the entire city's workforce, which includes 300,000-plus municipal employees. now, california is requiring the same of its state employees, and all healthcare workers. in a bid to slow rise covid-19 infections specifically that delta variant morgan stanley is holding the hardline saying its workers need to be back in the office by september and that stock is jumping 2.25% but one rival is looking at this as an opportunity. joining us now charlie gasparino , charlie? charlie: right and it's not just morgan stanley we should point out it's goldman sachs, it's jpmorgan, they have demonstrated , they are actually stricter than morgan stanley. morgan stanley does have a lot more brokers and this is where it's becoming pretty interesting on wall street, and you know, liz you try to tell bigger stories through vignettes and anecdotes on smaller things and i think this is a story you'll see replicated on and on in corporate america, as we get used to a new normal of having to live with covid, you

know, getting vaccinated, or not vaccinated. should point out that 90% of the workers at goldman sachs, morgan stanley, citigroup, bank of america, jpmorgan, from what i understand, they are all vaccinated, so it's kind of a moot point on the wall street side on forcing vaccinations. be that as it may one firm is now looking to basically take advantage of the stricter return to office policies at morgan, goldman, and jpmorgan, and that firm is ubs which has, i guess you could say the least strict, the most lax policy of them all when it comes to its brokers. remember brokers are the people that deal with small investors. if you go buy a stock through a firm, you're dealing with a broker and it's also known as a financial advisor. they are very important on wall street, morgan stanley is the biggest firm, ubs is about half morgan stanley size but it does deal with high net worth individuals and ubs is trying to

poach brokers from puget sound, from jpmorgan, goldman does have high net worth brokers and they are saying listen if you don't want to come to the office we won't make you in like what james gorman is advocating or appears to be advocating everybody back in the office by labor day. we aren't going there unlike with jamie dimon over jpmorgan is advocating everybody get back now, we're not going to go there and with the opposite of what david solemon is doing at goldman and basically saying listen we think brokers are a large part of our workforce, can work-from-home, so why push you to come into the office and guess what? that's like, you know, it's like extra vacation days or something along those lines it's an incentive. i have not heard of anybody jumping ship other than anybody major teams. that's what you look, major teams that handle a lot of that have a lot of assets under management from rich people, haven't heard of any jumping ship but clearly this is being used as a recruit recruitment tool and liz, again you tell

bigger stories through smaller stories and this replicates itself through corporate america i really believe that we're going to see a lot more of this as people look for talent and say hey, we don't care. you could work-from-home every day or maybe four days a week, just show your face once in a while to the boss, because some of these -- liz: bnp paribas said do you know what? they were doing this before covid though. they really felt that work-life balance needed to be addressed. they are very easy. charlie: i'm more on the side just knowing how wall street works more on the side of james gorman, that you should get in the office and the reason why this is a heavily regulated business. the downside of people doing stupid things at home, which happens from time, a lot on wall street, is pretty bad, and by the way, you're more productive in the office when everybody is there. you share conversations, you think of things. i'm much better, you know,

working next to you, liz, than i am not working next to you. i just want you to know that. liz: yeah, [laughter] should i reveal that when i pass your office you're brushing your teeth, in your office okay charlie thank you. senate republicans are now saying no deal at this hour, but is the bipartisan infrastructure bill appears to be on "the rock s" right now our $40 billion countdown closer says he's not sectors that could help you pave a path to profit closing bell ringing uncertain minutes dow jones industrials up 63 points we are comfortably above 35,000 right now. . .

♪. liz: less than four minutes left to trade. the dow, the s&p right at session highs. the nasdaq, in fact this whole hour has been really straddling that line just slightly lower or higher depending on second.

we're down, up, what did i tell you? we'll call it flat at the moment. breaking news, senate majority leader chuck schumer just said even as republicans and democrats have hit a roadblock this afternoon on the $1.2 trillion bipartisan infrastructure bill he will stay in session through this weekend to get the bill done and agreed upon. today's "countdown" closer says he kind of believes that. he like as sector caught right in the middle of the drama. joining us advisors asset management cio cliff cores sew. 40 billion in assets under morningment. which part of this do you like? >> we're constructive on the second half of the year. we're coming off sig piece of earnings we're seeing now and the next few weeks. very strong consensus gdp. consensus estimates over the 9% gdp. freedom of movement around the

economy notwithstanding what you've been talking about today, the variants. we're going to slow down but we don't think we'll fall off of a cliff. although the bond market is signaling things a little more severely than other markets we're not really seeing that confirmation across different sectors of the market. we're constructive. we certainly think it will be a trickier second half to navigate. liz: cliff, let me get to my original question here. we're looking at a very crucial, pivotal moment in the infrastructure talks. there are arguments between the republicans and the democrats are water infrastructure spending and about transit spending. give me a sense of which part of this you like and why you like investing in it? >> sure. i think we are believers in reopening trade. in regard to the infrastructure, that is an accelerant. we see corporations still want to invest in rebuilding plant and equipment and of course the

infrastructure bill would be very supportive of those types of exposures across sectors. now i would say we do like the muni sector notwithstanding that ratios are very tight on munis. we think that is the place to be and could benefit from infrastructure spending. we also like industrials. industrials that, metals and mining, all the materials that need to go into rebuilding infrastructure right here in the united states. we're very supportive of those sectors here in the market. and in essence the thing that we're a little bit shy on is where rates might be in trying to be defensive and construction around that. liz: yeah. and of course, as we know the federal reserve kicks off its two-day meeting tomorrow. cliff corso. thank you very much. as we look at the drama going on in the senate, keep in mind we do have the moment to fire off the confetti. we're looking in a few seconds the closing bell will show two

straight record closes for the dow and the s&p. not only that, dow and s&p closing at session highs. i'm going to have to say the nasdaq while up two points right now is too close to call. [closing bell rings] but at the moment we're kicking off the week in the green. look at that, the nasdaq is climbing. we have tesla earnings on deck. we'll see you tomorrow. ♪. larry: hello, everyone, welcome back to "kudlow." i'm larry kudlow. so as we know last friday the communist government of china put out a new list of sanctioned americans, presumably in response to the biden state department's warning for u.s. companies about emerging risks in conducting business with china. now as i have said before when the bidens do something good we praise them and this business and investment warning is a good thing. and by the way it continues the