tech and communication services earningsings? >> i am, and it looks incredible. these are trillion dollar companies that are still growing at 40% year-over-year. that is the most remarkable piece of what's happening, so i think -- charles: it really is. hey, ray, always appreciate these conversations. just, it's amazing where we're going, so we need you to help guide us. in the meantime, folks, we hand it over for the last hour of trading and liz claman. liz: i want you to join me in the meta-verse, charles. [laughter] we should get a jersey -- charles: i'm in. liz: yeah, i saw that. you got it. all right, folks, it is not how robinhood opened, it's how it closes. we are about to see that right here on "the claman countdown." it's the same for the markets. the dow and the s&p 500 already hit all-time intraday highs, but right now as both try to lock in new record closes, the dow is not there. it needs 213 points. the s&p is there, it needs 21

points, and you can see we're up 22. but it's robinhood, the free online trading app founded eight years ago, that's grabbing all the attention from wall street to main street. and yet today might have never happened but for one man, billionaire and legendary silicon valley venture capitalist tim draper who became the first investor in the wall street disrupter. first on fox business, he's here on how he sees it dodging the many regulatory arrows aimed right at it and why are shares not doing what a lot of people thought they might do, and that is spike way i higher than the $38 price? as shares try to get the pilot light going, not so for barbecue maker trager. it's lighting up the ipo claim with its smoking hot debut on the new york stock exchange. the ceo joins us with his barbecue recipe for success. and nailed it, vista outdoors

shooting for to olympic glory, hitting the bull's eye. the maker of outdoor products helping american athletes clinch gold in japan, and shareholders pocket gold in the stock. vista's ceo is here in a fox business exclusive. and we have more breaking news on nikola. yes, the ceo has just been released from prison because he posted bail. we'll get more on that in a minute. but let's get to that first day of trade for robinhood. after dropping by as much as 10% after its open, which happened just before 12:30 p.m. eastern, shares of the online trading app climbed back a bit, still down 4.5%, standing at $36.19. arguably the most hotly anticipated ipo of 2021. it priced at 38 a share, that's the low end of the range, and when it opened, it eached right there, $-- opened right there, $38 a share.

the regulatory risks kind of makes viability unclear, so why invest in it? we bring in the very first investor robinhood was able to nail, venture capital legend and draper associates founding partner tim draper who in 2013, what, you granted the company 300 grand to help them get their broker-dealer license? today the platform has close to 23 million accounts. what's your 30 grand investment -- 300 demand investment today? >> almost a thousand times. but it took eight years, but it's such an amazing company. we're so thrilled with robinhood. they're changing the nature of investment. i've always believed that, i've always wanted the individual investor to be able to participate in the growth of the stock market, the growth of the economy, and robinhood has made

that possible with their zero cost trades. and those two guys who started it came to me kind of wet behind the ears, and they -- after i invested, they said, yeah, we talked to 25 venture capitalists -- [laughter] and draper was the only one stupid enough -- [laughter] liz: yeah. you're 300 million stupid. oh, my gosh. [laughter] what was it that you saw when vlad and his cohort came in and basically said, you know, come, please help us out? what was it when they pitched you on it beyond the, oh, it's free and we just went through, you know, back in 2013 we had just seen occupy wall street, you know, was thering something else with these two guys? >> you know, i always ask the question why are you doing this, and the entrepreneur comes back with, oh, i want to make money or i want to make you money or whatever. but these guys came, and it was

in their hearts. it was bursting out their chest. so anybody who read them emotionally would have wanted, would have died to invest in these two. they really had it in their a hearts -- in their hearts throw the individual investor to be a participant of this wonderful world economy that we have. and it's great, you know, when the individual investor gets an opportunity to participate in the stock market, they are generating more wealth but also more creativity. they're encouraging more prosperous, a better, more prosperous world, they're encouraging progress. and so you have all of that huge force behind it of all those people saying i want to be a part of progress. i want to be a part of this free market. liz: right. but, tim, i get this, and i

absolutely agree that robinhood was able, certainly, to spark a profound transformation, certainly, in retail trading x. that's all great. but maybe the stock is below its ipo price because investors are asking how is user interface somehow superior to, say, a td ameritrade or a schwab? they're free too, their average account has way more than robinhood's. >> oh, yeah. but with, you know, the stock trading early is probably a result of robinhood deciding that they wanted the individual investor, they want their customers to have a big share of that ipo. and i think that whenever you cut some new turf, i know we had a similar situation when coinbase went public, whenever you cut new turf, you going to have some uncertainty around the stock -- liz: well, that's, that's not -- i don't think that's because they opened at, that's not

because they opened it to, you know, to the retail trader, the ipo -- >> well, they carved out a certain amount for the retail trader -- liz: yeah. but then they let their employees -- >> and so that didn't all build in. no, it was for their customers. liz: but employees were allowed to sell 15% of their shares today, the minute it went public, and maybe they wanted to cash out. so, i mean, maybe that was not exactly -- >> sure. they've been waiting a long time. liz: yeah. i mean, i'm not sure any of us should put too much into, you know, a first day of trade. i've got to ask you, tim, there's a very cloudy regulatory issue. i'm holding the prospectus, right? it's several hundred pages long, and in this s1 that they have to give to the sec, 75 pages. i brought out the ritz cracker part of it, look at this, 75 pages is of the risks. and we've got some worrisome

graphs in there, but the one that jumps out at me, and it's here, because a majority of our revenue is from payment for order flow, pfof, any new regulation or any ban of it may result in reduced profitability. tim, knowing sec chair gary gensler is angling to put or guardrails on this kind of stuff, how are investors supposed to feel comfortable here? >> wait a second -- [laughter] you've got -- but facebook's a trillion dollar business, and all of their revenue comes from advertising. would you say, oh, they're all at risk because their business all comes from one place? no, absolutely not. and order flow, that data's going to be very valuable to very many people for many, many moons to come. and and it allows robinhood to continue to provide free trading, and i think that's just fantastic. and, i mean, boy, if they were going to charge for trades, all of a sudden there'd be -- first,

there'd be outrage. but -- liz: right, right. >> -- the company would make a hot more money. there's some other places robinhood can benefit from this amazing group of customers that they have. it's a huge customer force and a very exciting company. and i'm looking forward to seeing -- liz: yeah, it's -- right. it's a customer force that's used to a four-letter word, free, okay? but everyone else has followed robinhood to commission-free and that trading model. you talk about where else can robinhood dig up revenue, we could argue crypto because they're coming out with a crypto wallet which is right in your wheelhouse. hur a huge bitcoin -- you are a huge bitcoin fan. you and i were speaking back at the salt conference in 2019, and you predicted bitcoin would go to the moon. well, if $64,000 is the moon, okay, it did hit that, but since

april it's really retreated. how can you predict that it will hit -- your latest prediction was, what, 250 grand per bitcoin by the end of next year? what's going to get it there? >> hey, liz, just i want to remind you that in 2013 i came to you and i said, bitcoin was at, like, 180. and i said bitcoin's going to hit 10,000 in three years, and it did on the date, almost to the day. liz: i know. >> so you, of all people, should be saying, boy, 250, that's gonna happen no matter what. draper said it. but here's what i, here's the way i looked at it. bitcoin represents freedom and trust. and it's sort of the opposite of government controlling corruption. and people want freedom and trust. and i think bitcoin is going to be like the center of all that as we move forward. and as bitcoin starts being

accepted as a medium of exchange at retail, if i can buy my groceries with bitcoin, i'm going to have no reason to hold on to any dollars because why would i have, why would i want a currency that is tied to a government, political force when i can have a currency that's open and global and transparent and frictionless? so this is, we have a major opportunity as a world to promote freedom and trust around the world, and i think bitcoin leads the way there. liz: tim, big day for you. from $300,000 to $300 million, you were the first investor. you got the midas eyes. forget the midas touch, you can see gold where others cannot -- >> it's the eyebrows. [laughter] liz: yes. that's right. the eyebrows. so good to see you, my friend,

thank you very much. >> good to see you, liz. liz: anytime. the ipo price of $38, it's at $36.24 on this first day of trade. breaking news, the ceo of ev start-up nikola has now reportedly posted bail after being arrested today on criminal charges. the drama sinking shares of nikola earlier today down more than 10%. we can see it right now, down nearly 11% after the founder and former ceo trevor milton was officially charged today with defrauding investors. the billionaire entrepreneur indicted on two counts of securities fraud, one count of wire fraud. federal prosecutors in new york say milton lied to investors about every aspect of nikola's business including saying that prototypes of the ev badger that they showed to perspective investors, that's the badger truck, were fully functioning, that's what he said, when in truth the trucks had been towed to display floors and were powered by plugs hidden in wall

sockets. the sec has filed civil charges against milton. milton has pled not guilty. to a much more electrifying story, ford raising its profit outlook, also managed to dodge speed bumps incurred due to the semiconductor shortage. the stock moving higher by 4% right now and, get this, preorders for ford's all-electric f-150 pickup truck really lighting up. since may when ceo jim farley broke the news right here on "can the claman countdown" that ford already had 70,000 orders, reservations are now topping 120,000. people want that lightning truck. they're calling it the beast. investors, though, hitting the brakes on uber. the right hater is slipping on -- hailer is slipping on reports that softbank is in the process of selling a chunk of shares to help cover losses incurred by rival -- the well, it's not really a rival, but

didi. the chinese ride-hail app, which is actually moving higher today by 10%, has crateredded the past couple of days in the wake of china's regulatory crackdown on the u.s.-listed companies. uber's down about 2.9%. and didi is refuting rumors that it is going private again. it just went public. that it's going to reverse back to privately-held to avoid the wrath of xi jinping. we will have more on didi later, that story changing at 100 miles per hour each and every day. for now it's better by 10%. and investors are pulling their money, taking it back from paypal. shares of the payments giant sinking 5.6% after issuing disappointing guidance despite if beating profit estimates. we have a direct correlation at this hour between gold metals and one company's stock. vista outdoor going for the gold in more ways than one. the ceo of vista is here exclusively on how his sporting

brands are winning medals in the market and at the tokyo games. closing bell ringing in 46 minutes. yes, we have an eye on the dow, up 172. yes are, we're watching the nasdaq. we've got our eyes everywhere. closing bell is coming right back, "claman countdown" has it all. ♪♪ 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.

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♪♪ liz: the u.s. nabbing gold medals in both men's and women's skeet shooting, both set olympic records with their wins thanks in part to vista outdoor, its ammunition that it sells was in the guns used by both shooters. as we a applaud team usa, wall street is applauding vista outdoor shares after the company beat -- that is the wrong stock chart because vista right now is up 5%, there it goes -- beat on both its top and bottom lines for the quarter. we bring in vista outdoor ceo chris metz. chris, i always hate asking, how does it feel? it's just so overdone, how does it feel to at least have one of

your products take a role in bringing home not one, but two gold medals for team usa in. >> well, liz, it's super exciting. anytime we can support the olympians and team usa, it's a great day for us. so as you pointed out, we're well represented with -- [audio difficulty] outdoor brands led by zero. we are represented by over 40 different athletes in over 16 countries at the olympics beyond the skeet competition. so we've got a slew of brands and represented in the olympics, and go, team usa. liz: absolutely. no, here at "claman countdown" we do not root against team usa. no matter what we are for them. you mentioned all of your brands and how many of them are actually helping a lot of the teams out there, not just team usa. helmets worn by athletes from 16 countries at the olympic games.

how did this come to be? do you actively try and get them to wear this, or do they choose this product? give me a sense of how this works. >> well, liz, it's a little bit of both, right? if so you've got to be great products or the elite a heats are not going to use your -- athletes are not going to use your products. it's a little bit of both, and a lot of the olympians, to be honest, are nonpaid people. they seek out the best products, and our helmets have been at the top of the market for years. another great example even outside the olympics is our laser range finder where it's just been now admitted to the pga tour where they're allowed to use it in competitions. and 98 off the top 100 golfers use our laser range finders because they're the best. liz: well, that leads me to this question. been a very exciting time for your company. i mean, you just beet on both the top and bottom line, you've -- beat on both the top and bottom line.

obviously, costs are a little bit easier, i would imagine, although you were one of these hot stay at home, play at home stocks. tell me what were the core drivers here? i know shooting sports up 39%, outdoor products up 38%, but if you could tease out some of the names that did the best. >> liz, hey, it's a great question, and we're coming off easier comps in the first quarter and then, clearly, with the success we had last year, growing dramatically on top line as times get tougher. can despite that, we've signaled that although we grew $183 million in the top line over last year in the first quarter, for the full year we expect to be up close to 500 million for the entire year. so the growth's going to continue. so our acquisition of the remington ammunition line has been a spectacular acquisition for us. camelback this past quarter was up 80% year-over-year, the drink ware line which we introduced

last year was up over 400%. all of our outdoor product businesses grew double digits, and we just closed in the last 90 days on the leading e-bite brand which has got the exclusive license for jeep, so when you think of off-road suvs and the popularity of those, that's what they can do for us. liz: i've really got to just go, but i need to ask you this one question. i noticed as i was looking deeper into your background that you sit on the board of the theodore roosevelt conservation board. so, you know, gary gensler of the sec is pushing for companies to make sure that they are very transparent about their esg, their environment, social and governance roles, and you guys really depend on preserving the beauty of the outdoors, do you not? what's your message here? >> so, liz, it's a big part of our overall agenda. in fact, we were one of the biggest supporters of the great american outdoors act which really helped put a lot of u.s.

dollars into making sure the parks were clean and safe and making sure the waterways were as clean as possible. and esg is something that we, we take near and dear to our hearts. we introduced our first impact report last year, we're following that up with one that's going to come out in the next couple of weeks. so we're really, really excited about a what we're doing on that front, and you're going to hear more on that. liz: okay. please let us know first. we're covering in that. chris metz of vista outdoor. coming right back, robinhood still down about 5%. ♪ ♪ the world's first fully autonomous vehicle

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♪ liz: let's talk beer. beer giant anheuser-busch falling flat right now. the budweiser parent in the red despite sales exceeding pre-pandemic levels. higher aluminum and transportation costs are cutting into the brewer's profits in its two large markets, the u.s. and brazil, so the stock is down 4.8%. now, listen, it's a tale of two issues here. over at molson coors, revenue hopping 17% higher, the bud rival crediting a, quote, historic improvement in its brand banks. molson's win just flat there, so it's getting overshadowed a bit by budweiser's bad news. okay, let us go to this issue which is kind of related. all of that barley, oats, hops the beer makers rely upon come from america's heartland. a massive drought adding to

inflation woes as ranchers are being forced to resort to extreme measures just to survive. fox business' chief national correspondent connell mcshane is right this in casper, wyoming. what are you hearing from farmers? >> reporter: well, from some ranchers, liz, we're hearing they've had to sell off cattle, a position they never want to be in because they simply can't maintain them because it's been so dry here. what happens in those cases if you sell off cows here in wyoming, they might end up as far away as nebraska because the other western states are so dry. i want to introduce you to a husband and wife ranching team, rob and leslie hendry. they've been ranching for years. in fact, rob's family -- not rob himself, mind you, but rob's family has been ranching out in this area since 1906. and between himself and his wife leslie, they have a lot of experience. take a listen. >> this is probably the worst i've seen. i've been out here for 40 years, rob and i have been married 40 years, and this is the worst that i have seen. it has been dry before, but then

the next year it would usually get some rain, and we'd pick up and be okay. this is the first year for us when we turn our cows out in march to start calving that we had to haul water to 'em because the flats, the reservoirs, the creeks weren't running. >> reporter: yeah. you can just look at the land out here, and you get a sense of how dry it is. even if you don't have to sell off your cows, they're just not eating as much a because of the conditions that they normally would, that means they don't grow as much, and the ranchers take an economic hit. >> usually our calves weigh 490-500 pounds, and this year we hope they weigh 440-450. and so that's less per head, that's less dollars. >> reporter: yeah, dollars out of his pocket. rob, relatively speaking, is fortunate because he has some

land where it's relatively moist on his property, the cows get water, get something to eat, but he's still taking that economic hit as a result of this. the government has some programs that are helping out a little but, liz, what they really need here -- [audio difficulty] is rain. and a lot of it. it's amazing how dry it is, and they're really hurting. yeah. liz yeah. well, climate change, it looks terrible. thank you very much. we've got watch our farmers and make sure that, hopefully, they can get what they need. connell, great stuff. thank you very much. i've got a question for you guys, could amazon's new ceo be on the verge of the boldest move in years for the e-commerce giant? our floor show traders game the chance we are about to see an amazon stock split and which stocks beyond amazon could best benefit if that were to happen. yes, with amazon's earnings coming out after the bell and the closing bell just 28 minutes away, we are coming right back. dow is up 176, and robinhood now down 6.5% from it opening price

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♪♪ liz: all right, we've got 24 minutes til the closing bell rings which means we are just minutes away from quarterly reports out of major titans in their field, amazon, pinterest and t-mobile. because the worst of the pandemic lockdowns is in the rearview mirror, year-over-year the performance of all three was pretty fabulous. but the big news that would sent the tone for trading tomorrow and beyond is whether new amazon boss andy jaffe will announce a new stock split after the bell today. the company has not split its stock since 1999. which stocks, other than amazon, cocould get electrified by that move? and we don't know if it's going to happen, but to our floor show

traders, scott redler, you have been all over this for several quarters now. a, what are the chances it will happen and, b, if it were to happen -- because eventually it may -- which stocks would benefit most from amazon splitting? >> well, first of all, i speak as a trader and as a trader, i would love for it to split. amazon is a tough trade. it's loose, it's wide, a lot of pressure on it by the selling between mckenzie and jeff post-earnings, so it needs a split. the last two quarters were blockbuster quarters, and they opened up the stock the day after and then they went down 10% thereafter. so i think, you know, the new ceo, if he wants to make a bold statement the, he should split the stock. i have no idea if he's going to. i'm playing it through options just in case he does because, like you said, it's been 25 years. it's at 3500 and change. if it does happen, i will be buying a lot of stocks in the after market. if it doesn't, we're probably

going to get lethargic trade. if amazon doesn't come through with anything exciting with the split, you'll probably see apple trade sideways, probably see google fill its gap, facebook hit the 21-day and the 50-day, and you'll see a lot of traders scratching their heads in frustration because the next 2-3 weeks will be a choppy, he that aric -- lethargic, but if they split it, get back your reservations from the beach because there'll be some nice trading in the next few days and weeks ahead. [laughter] liz: it would definitely set an interesting tone. chris, let's say it were to split because that would be incredibly positive that other investors who found it too expensive at this price of $3,592 a share to get in, then who else benefits? are there companies that have unbelievable exposure to amazon, you know, you looked at apple, they sell a lot of product there. you've got to figure that there are companies that could do very well. >> yeah. well, show me one company that

amazon does not impact somehow, especially after the pandemic. you want something, if you want a plate for your, something in your house, order on amazon, it's there in the next day or two. i think it would be wide-ranging, and i think the first best was correct, it's going to impact the fang stocks. why are they going to do it? what happened to apple when they did their 7 to 1 split, you know? it was positive. and, you know, for the past six months or so people have been looking for that. it makes it more, it checks off a lot of boxes. if they were to do it, it makes amazon seem more democratic because it's not a $3400 stock, all of a sudden it's a $500 stock or whatever so people can get in. even though right now you can buy fractions of it. but just in general, it puts the optics of having a stock that's $3400. so i think, yeah, it would be ride-ranging, it's going to be -- wide-ranging, it's going to to be positive. the only thing i don't like is

it's at the top of the market, and we're heading into august which typically is a slow, dangerous month because so many professionals do go on vacation the month of august that a lot of people in europe take off, so it's going to be an interesting way to finish july. i'm looking forward to it. liz: scott, everybody was looking forward to at least watching how robinhood would do. i don't know if we can put it up here, but it is accelerating losses, it's now down about 7%. again, low of the session it was down by more than 10%. is this a stock, as you look at it from a technician standpoint -- and now it is down 8.5% at this very moment -- that you would touch or you would at least make some options trades around? >> i love watching new issues come public. i use a technique if called the art of the first day of trading. you measure the supply and demand. so for robinhood today, i believe the offering price was $38. it touches 40 for a second and

then supply just, you know, crushed the demand, and it broke 38. it hit a low of almost 33 and change. right now it's trading below the ipo price, so that means a lot of people who thought they were going to have a free lunch are underwater. they thought they'd be able to sell it 10 points up and flip it like most i portions. i've seen -- ipos. that means there's going to be a lot of pressure, a lot of overhead supply. that means you need to wait. i'm going to wait for price discovery, i'm going to see if today's low holds, but the demand was not there. if it would have is went above 40, you know what? traders would have been on top of it, there could have been momentum. we've seen that in so many ipos. not this one. you need to wait and be cautious here because you never know how low it's going to go especially all the guys thinking they were going to have a good deal are now underwater, and they have no idea what to do. liz: chris, i'll let you get in on this too. robinhood? >> i think he's right. i mean, it came public at 38 and

just ticked 40, and usually, you know, you want to see it go to 40, 45. i'm a big believer in watching where we are. i think he's right, stand back, see how it breaks, see if there's some poverty. opened at 38, hopefully there's support at 30, and then you start looking for support, 25, 20. we'll see what happened. but, you know, i always tell people i don't care if you paid $40 or $400, make sure you know where you're going to get out, and i think he's correct, a lot of people are long this stock and don't know what to do with it in case it goes lore. liz: yeah. well, i'm holding up just the risk part of the s1, you guys, 75 pages. it's a phone book. >> they always say when an ipo comes public, the way you measure it is the risk. if it's a very thin prospectus, maybe it's investable. if it's like this, take caution. [laughter] liz: it's like that. yeah, it's pretty thick, guys. scott, chris, thanks for

weighing in. we do have robinhood down about 8% right now, but robinhood not the only ipo game in town today. the trager ceo also saw his company go public today. what he's cooking up for investors as his company smokes its way onto wall street. wait until you see performance of this ipo right now. and meet the glass pack founder and executive chair. she is this week's everyone talks to liz podcast, and she shares how she put -- and, you know what? all of these companies when they start have major leagues to thank. she put three years of her life savings on the line back in 2012. eight short years later, it's now valued at more than $1 billion. hear 4:her passion help -- how her passion helped her master the art of pivot in the business world and to keep fighting for eight straight years to make it work. it's available on spotify, google, apple, wherever you get

your podcasts. everyone talks to liz. closing bell ring anything 15 minutes. dow is up 172, that 's not a record, but the nasdaq, not a record to, but the s&p, that needs 21 points to hit a record. that's exactly what we're up right now. stay tuned. ♪ ♪ at's why i go with liberty mutual — they customize my car insurance so i only pay for what i need. 'cause i do things a bit differently. wet teddy bears! wet teddy bears here! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ jeremy andrus

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shares right now, gaining 22%. now, they were priced at the high end of the range of $18, but at the open shares shot up to about 23, and as you can seee at $22 and change, they are just hovering below that, and the company now valued at more than $2 billion. at the peak of grilling season, what is the traeger going to cook up to attract even more shareholders? let us bring in the ceo of traeger, jeremy andrus. you must be exhausted and ready for some barbecue tonight. jeremy, what's it like on this first day of trade? >> first of all, i don't know where you get great barbecue in the city, but today's been amazing. the energy that our team has felt has just been phenomenal. it's been wonderful. it is such a great celebration. and you love to take the time to high-five and sort of pick your head up and just validate there's something special. and then we to go back to building. tomorrow morning we show up in the office, and we just keep

enknow sate ising -- innovating and disrupting. we're excited though. today was a special day, no question about it. liz: oh, i can imagine. listen, you've got dave's barbecue on 42nd street, virgil's, they're all over the place. great barbecue in new york city. let's get to the business here of as you go public, what's interesting to me is people who never grilled before totally got into it during the pandemic because everyone was pushed to, a, cook on their own but also take eating outdoors, especially last summer. how do you continue to keep that momentum going, particularly considering that your average, your average grill which is basically more of a smoker, slow cooker, is not as cheap as some of the other products out there? >> no. i mean, first of all, traeger is an innovator. we're a disrupter. we're actually two and a half times the average selling price of a traditional grill.

but consumers love it so much, and they actually use it so much that they're willing to pay for it. and i think it's one of these classic consumer disruption stories where when a consumer finds a better experience, one they value more, they'll pay for it. so, you know, unlike a traditional grill that gets sort of pulled out of the garage on memorial day, cooked on through the summer, hot dogs, hamburgers put back around labor day, a take getters used multiple times a week. and it gets used year round. you can certainly do anything you can do on a grill, hot, fast steaks, hamburgers, chicken, fish, but you can low and slow barbecue brisket, ribs, you can make pizzas. i baked an amazing lasagna last week. we're a disrupter, and we're bringing a better experience to consumers, the connected cooking experience that just makes cooking more fun.

liz: jeremy, i'm a brisket girl myself. i do want with, for our viewers' understanding of this, we've always got to talk about how long the runway is. you know, there are these organizations and associates, one of them -- associations, one of them is called the hard patio and barbecue association. there's about 36% left of americans, weber is going public next week with. how do you manage to grab that investable dollar away from those other names? not just with the share, but with, obviously, the product itself? >> yeah, look, you simply deliver a better experience. we are innovating to deliver a better experience and, by the way, we've done a lot of consumer research. testing head to head against traditional grills like weber, and we win overwhelmingly, and it's not even close because consumers like what we're delivering. and so back to the runway of

growth and the size of the market, 75 million americans have grills. we are in 3% of those households. and that's, we are taking share and often times we're a second grill, often times they own a weber, a charbroil or or some other grill, but we have found in our research they use their traeger. they overwhelmingly use their traeger. and so we're taking share, and the runway's long. at 3%, boy, what could this brand be three, four, five years out? liz: we'll be watching that runway and watch the flame take off. father's day, of course, is always a big one but so is labor day for grilling. jeremy andrus of traeger. that stock jumping 22%. right now we're going to take a quick break. a lot still ahead. ♪ ♪ e. gold.

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. liz: 2 1/2 minutes before the closing bell things. flip it over to planned robinho. it stands at $34.72. after opening at 38. look at shares of chinese ride-hailing company didi. three straight days of gains after being hammered. another jump of 11%. let's get to the countdown closer rebecca felt ton. felton. do you continue spending any money on these chinese stocks? >> liz, thanks for having me. we're underweight emerging markets at this time. i think the wild card is there is no rhyme or reason in terms of the regulatory environment there. the crackdowns we're seeing a cross a number of industries. we're not even having market

weight at this time. liz: where are you inclined to put your client's money at the moment? >> we're still leaning into the u.s. the growth rates are undeniably the best in the world. we're weighting international. the valuation is attractive. remain overweight the u.s. at this point because of the unknowns around the world as it relates to the delta variant and again economic recovery is spotty when you get outside of the u.s. it has been so strong here, it is hard to take your foot off the gas when you have that in your hand. liz: do you have a favorite, favorite sector of all of them right now, rebecca? >> we're taking a balanced approach. we have still a market weight to technology in some of our longer horizon portfolios we're overweight. we also have gone overweight in industrials, specifically infrastructure. we also like financials at this juncture. we've added back there and are

overweight there and long-term horizon as well. liz: okay. rebecca felton, wonderful to have you. folks, no record for the markets right now at least. [closing bell rings] but we do have to say it is an anemic opening day of trade for robinhood. it looks to close down more than 8%. that will do it for "the claman countdown." "kudlow" is next. ♪. larry: hello, everyone, welcome to "kudlow." i'm larry kudlow. so apart from nancy pelosi's attempt to either arrest or just do away with republican house members all together if they don't wear masks which they shouldn't because this whole cdc thing is completely stupid, now triggering threats to squeal openings, business openings, job hiring, wrecking kids and generally catastrophic possibilities, all that. the biggest story apart from that is still the infrastructure

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