when is royal caribbean going back to sea? when is vaccinations going to be required to get on board richard is going to join us for a interview straight ahead. >>> and rising mortgage rates and tight supply, and when we look at the potential impact on the spring housing market. and bitcoin trimming the holdings, and investors will take aim at kohl's, and is instacart taking aim at the investors. >> dom chu, good to see you. >> yes, thank you, becky, seems that we were all hanging out at "squawk box" but it is 1:00 p.m., and the markets are hanging out at the highs of the day, and a 100-point gain for the dow industrials, and doesn't seem like a lot, but at the lows we were down, and decent-sized comeback and the s&p 500 has 1/3 of one percent. and 13670, and the underperformer off 1% of the day. and one story playing out on the macro side of things is the interest rates they are on the rise today and 1.358% and a hair behind the highest levels of the course of the year. you have to go all of the way back to last year to find

a trio posting gains from royal caribbean to ge. the day's big winners a triple play and talk about a good about or not, taco bell is getting in on the chicken wars. should you take a bite out of its latest offering? we start off with the tech rout. the nasdaq in the close 2.5% lower as rates kiss the highest levels since last february, the latest move in a run higher that started in august. remember when that 10-year yield was about half a percent the question tonight is simple, will rising rates kill the tech rally? guy, what do you say >> yes back to you, mel no absolutely i think this -- so much of this has been predicated on this low interest rate, zero interest rate environment 10-year yields from 53 basis points in august to 1.4% today, i understand that rates are still low but the velocity and speed of the move has been, well, hasn't been historic, but it's been note worthy and i think we're headed to 1.5, saying it for a while and that's your line in the sand. you get north of 1.5% and the thesis in my opinion behind a lot

travel, and airlines upgraded, we've got hotels upgraded, we've seen a positive reaction to royal caribbean's nonearnings, and i'm getting good rumblings from boeing and i know things are slow, i know what happened is terrible, but at the same time, there's ryan air, wants to start buying planes again because they feel strongly carl that things are opening and we may get caught short if there is a boom. it is a remarkable mind set and i think it is a positive one and i share it >> so all right, so the degree to which that's going to offset the rise in yields, and sort of cap multiples, you think this story that has been built, i think, it will be incumbent on corporates, too, out-earned the rise in yield, rather than see the multiple go up >> david costin, sitting there on sunday and no real sports and reading about him, and i have some things about the stocks that were disliked but i look at what david is talking about, everybody is it and that is worrisome. and he keeps talking about everybody is already making this investment and yet the analysts are now starting to upgrade. so if anything

del aÑo 2019 en puerto rico y que la familia de la bebÉ de un aÑo de edad demandÓ a la compaÑÍa royal caribbean federales. el siniestro ocurriÓ aproximadamente hace un aÑo que causÓ la muerte de nueve personas, entre ellas diana, la hija de 13 aÑos de kobe bryant. borja: al volver, mandas remesas a mÉxico ? te vamos a contar de un proyecto del gobierno mexicano que lo harÍa mucho mÁs fÁcil y mÁs econÓmico. carolina: la compaÑÍa gorila blue le responde a una mujer que utilizÓ uno de sus pegamentos en lugar de aerosol para el cabello y publicÓ su experienci las ventas suben y a josé le urge ayuda. necesita indeed. al patrocinar un empleo en indeed, obtienes al instante una selección de candidatos de calidad de nuestro banco de currículums. aprovecha tu crédito de setenta y cinco dólares al publicar tu primer empleo en indeed.com/ oferta. algunas personas tienen dolor articular y tienen presión arterial elevada. es posible que no puedan tomar cualquier medicamento para el dolor. por eso los doctores recomiendan tylenol®. no aumenta la presión arterial como puede ocurrir con advil® aleve® o motrin®

he was playing with his 18-month-old granddaughter when she fell from an 11 story window on a royal caribbean dock the in san juan back in 2019 he said he didn't know the window was open in the children's play area the toddler's parents sued royal caribbean in a civil case that's ongoing. so far the company has not responded to nbc news request for comment. >>> the majority of americans say they've heard little to nothing about brexit according to a recent yougov poll. you can't blame them with all that's happening here. the pandemic and the politics. but no americans might start hearing a lot more, thanks to elton john and ed sheeran the two are pushing to fix a part of the brexit deal that they say could hurt the music industry around the world. here's nbc's molly hunter. >> reporter: it's been a rite of passage for decades, britain's biggest names, you've heard of them, leave their island nation to cut their teeth. >> i would get my friends together in a band, and we would get in a transit band and we would tour around europe playing the most awful little clubs and bars and that's where yo

a trio posting gains from royal caribbean to ge.in on the chicken wars. should you take a bite out of its latest offering? we start off with the tech rout. the nasdaq in the close

you'll see american airlines, delta among others a similar story for the crews lines, royal caribbean up 17%, so should you get in on this trade, or did you miss the boat? "power lunch" will be right back with that story. hey, dad! hey, son! no dad, it's a video call. you got to move the phone in front of you like..like it's a mirror, dad. you know? alright, okay. how's that? is that how you hold a mirror? [ding] power e*trade gives you an award-winning mobile app with powerful, easy-to-use tools and interactive charts to give you an edge, 24/7 support when you need it the most and $0 commissions for online u.s. listed stocks. don't get mad. get e*trade and start trading today. >>> welcome back to "power lunch. travel ceos papering a optimistic picture >> it's murky, as we peer into the future, we can look to markets like china, where there's been terrific containment of the virus, and you see occupancy levels returning to almost pre-pandemic levels the challenge, as we look around the world, occasionally we'll see a spike in infection rates it has a pretty significant chilling impact

how do you make money in the cruising business when you can't fail coming because we have royal caribbeanany money? susan: no. $5 billion in losses for the entire year. i saw a billion dollar loss in the final three months of 2020 and they say they will probably keep their cruise ships are sure for sometime in the the recovery and it's not coming along as fast as they had hoped for. we know carnival cruise lines the one that is ahead the most with their foreign ships sailing as opposed to norwegian which has canceled all itineraries and tell they. they're looking for booking trends to recover and 2022 so don't hope for a quick recovery, maybe next year is when people will come back on board those ships. stuart: another group of stocks which is doing well is the airlines and i'm pretty sure they are up across the board, you doubt plenty of and i know it's going on. and they will get $15 billion out of the covid relief plan. am i right or am i right susan: i think it's also deutsche bank upgrading pretty much the entire airline sector, so delta in their view is worth $55, american airlines

marriott, carnival, royal caribbean all stocks i watch closely, all sitting on gains of double digitsse left side restart. >> yeah. the market is hanging in there there is a little bit of squishiness today, i would say if people haven't, i recommend you go on our website and read seema's piece about marriott and the passing of arnie sorenson who both seema and i agree was one of the really creme de la creme of american executives over the past 20 years and a hell of a nice guy as well, right seema? >> certainly was thank you for saying that. my op ed on cnbc.com one other thing i wanted to mention. >> why. >> bitcoin, fresh record high. did you know it only took five days for bitcoin's market cap to go from $900 billion to $1 trillion now today above $52,000. and a market cap of $1 trillion. typically think of an schedule microsoft with those types of big numbers. now this one cryptocurrency right up there >> all right have a great weekend seema, stay out of the snow, or go in the snow if you like it. everybody, thanks for watching "power lunch." "closing bell" right now >> tyler, see

but if you look at, royal caribbean is the hottest stock in this market why? because the rates are going up next year. can you imagine? people are paying more for cruises that may not happen. >> i know. it was jarring because yesterday, they did, carnival, for example, did extend the pause through the end of may, but nclh, as you know, jim, wider than expected loss, but revenue was ahead, and by the way, i don't know how you're going to make room tonight between fisker and twitter and nvidia, which 3.10 crushes 2.81. needham high, street high 800. a lot to unhack on nvidia. >> i'm breaking all forms. jensen will start. i never have done this before. i thought the quarter was miraculous the numbers are extraordinary. it reminds me of intel 1996 to 1998, 1999 period, the 486 and then the pentium jensen huang, i want you to read this conference call. >> i typically read them you called him za vin chi in the past you called him da vinci in the past. >> and i look forward to it. and i'm glad you're breaking form and you have a lot of great guests but he is probably

trip adviser down nearly 10% royal caribbean, marriott, united airlines all sliding. talk to the chief investment officer at bleakley advisory group it is the 10-year doing it the question is which way is it going and what is the fed going to do? >> you're right. today it's not just about the 10-year the rise in rates now filtering into a rise in shorter term rates which the fed is supposed to control. the fed by having the overnight rate of zero and buying $80 billion of treasury with the average maturity about five years we're seeing a spike in the five-year yield. at a large, in a large way the treasury sold five-year paper yesterday at 62 basis points that yield one day later is at 80 basis points. so the fed, because of the uber dovishness the market is now calling that out the market is now saying the inflation pressures we're seeing, the vaccines we're seeing that are being highly effective, that your dovishness is just not going to work here and we're going to shift the interest rate curve with or without you. >> okay. if that is the case what your a he effect

have had aborted rallies but if we get past the vaccine, we start hearing about norwegian an royal caribbeanu see me on one of those cruises i suspect the stocks will be 50 to 100% higher. we're still only 35% of people going through the tsa checkpoints right now. so plenty of room to grow on the airlines too. charles: all right. brush up on your shuffleboard game, my man. i might meet you on one of those cruises. you're two of the best. love it when you guys are on together. at 2:35 eastern i will answer your investing and trading questions to gamestop, when to get out of a stock. tweet me your questions, i'm: @cvpayne. fed up with inaction from d.c., florida governor ron desantis is declaring war on the big tech cartel. will other states dare to follow? we'll be right back. living with metastatic breast cancer means being relentless. because every day matters. and having more of them is possible with verzenio, the only one of its kind proven to help you live significantly longer when taken with fulvestrant, regardless of menopause. verzenio + fulvestrant is for hr+, her2- metastatic breast

he means amc no, i mean gamestop and amc but i mean apple, boeing, american airlines, tesla, royal caribbean's one-third of all volume and why is that a problem? let me tell you why that's a problem. when a mutual fund decides to buy a stock, a lot of times the direction will come down and they'll say, be 20% of the volume so a trader will go and try to beat 20% of the volume what if you own access to 40% of that volume because it's being executed by citadel and vertu? then the trader has to be 33% of the remaining volume if you go back and you remember when you were an econ stubt in college, less supply, same demand, higher prices. that's why we found the cost increased by a factor of three in those names >> with that in mind, in your data is coming through the way it is and you're saying costs for transacting things for mutual fund managers who are investing money on behalf of retail investors, hedge funds doing work for pension funds and that sort of thing, what exactly does that mean for the future of the business should we just accept that trading costs will be higher down the line? sho

when is royal caribbean going back to sea?t on board richard is going to join us for a interview straight ahead. >>> and rising mortgage rates and tight supply, and when we look at the potential impact on the spring housing market. and bitcoin trimming the holdings, and investors will take aim at kohl's, an

before, but apparently, people taking him seriously now, all those players in this category, royal caribbeans up dramatically, because as a sharp recovery in copper price, the company's gold and copper production rising, good news there, let's look at the nasdac winners, trip.com, as i said, travel on fire. they reported a quarterly profit for the first time since the covid outbreak, so that really bodes well for that sector. they're saying it's a bounce back in travel in china. jd, the chinese e-commerce company, also on fire here. they have filed to list its supply chain arm, jd logistics on the hong kong stock exchange, this is worked well in the past and they have done similar things looking at a possible valuation of 40 billion and book ing holdings, the self- described leader of online travel what they call themselves and kayak doing very well indeed so seeing big moves for the travel stocks back do you, liz. liz: all right, gerri have a good weekend, thank you. the congressional reddit hearing opening the door to more regulation and oversight, maybe, forcing the asset management indus

the top three stocks in the s&p 500, the last five sessions, royal caribbean cruise lines, carnival cruiseolve the quiz look at those stocks in the last five days. they have been on fire a lot of optimism around what we talked about, vaccine cases down 80% from their highs fingers crossed that we have seen the peak. still a lot of concern, but those reopen, the g.o.a.t. stocks really have been the g.o.a.t. >>> now to the latest chapter in the ongoing we work soft bank saga bertha coombs is back with details on that and this morning's top other headlines, bertha good morning. >> good morning, brian wework cofounder adam newman and softbank are nearing a deal over the former ceo's payout. under the settlement softbank would buy stock for $480 million, half as much as it originally intended to buy now, the move would be a part of softbank's plan to buy roughly 1 1/2 billion dollars of shares from early wework investors including newman who would remain a major shareholder in the company. luxury electric vehicle maker, lucid motors is going public after reaching a deal with churchhill capital

. >> and contessa, what also happens is a company like mgm or royal caribbean or many of andrew's partnersy want to launch a new restaurant or show and they want to reintroduce themselves to their customers, they're using playstudios and its database in order to provide that trial for that customer. it's a great customer acquisition tool and also a great tool to reactivate dormant customers. mgm i know uses that deliberately and that's why this convergence between live and digital is so great >> brian sullivan, if i could jump in here guys. sorry to bomb in on this i want to congrats on the deal and talk about something else, jim. because you're the head of the coronavirus public private task force in nevada and we just talked to somebody, a drug distributor. nevada used about 67% of its available shots. what can you guys, because these are, i know people look to the federal government, which has done some things but this is a state by state operation for the most part. what can you do in nevada to speed it up? do you think we need to use more of that already existing supply chain and the

royal caribbean is jumping more than 4% right now, edging close to a one-year high after announcing aise bookings since the beginning of the year compared with just last november to december. mass vaccinations are fueling enthusiasm for travel once again. stephanie was just talking about wait until you see what happens when j&j gets approved. if that does, that's a game-changer. let's check on carnival and norwegian cruise lines, and they are both as well in the green, norwegian up about six-tenths of a percent, carnival up 1.6%. now, that same vaccine optimism kind of hammering home improvement stocks. home depot reported a beat in quarterly sales but didn't issue full-year guy dance as last year's -- guidance as last year's enthusiasm for ?azing up homes may lose some mojo e the rest of this year. home depot down 2.7%. lowe's is also down 2.3%. it reports after the bell tomorrow. >>> now, while the lockdown was great for venerating your kitchen -- renovating your kitchen, prancing around the house not conducive to buying gowns and gucci bags. the real reel being downgraded, raymond

royal caribbean went up 9% and seen a big surge in bookings and i'm sure it will be put away handlely the credit card companies can come alive two real dogs, visa and mastercard and they do so well for the reopening of the west and you know what? i'll throw in american express, a company that simply will not be denied. millennials love the card. they do. they love it seventh, estee lauder. you may have thought this played out. wrong. a lot of people have a lot of firepower. these were the beginning of the turn that the ceo charted. one that started in china about to spread around the world do not worry about the u.s. department stores. i know you're probably concerned. too insignificant to matter. once we can take masks off, this is about getting made up go outside and posting 5 million snap pictures or instagram or whatever if i'm wrong, what was ulta doing at a 52-week high. eighth, caterpillar. good management. really turned around the last quarter was okay but cat has a ton of oil exposure and the price of crude keeps surging thanks to better global economy and a president that is

said he didn't know the window was open in the children's play area the toddlers parents sued royal caribbeanng. so far the company has not responded to nbc news requests for comment. >>> the majority of americans say they've heard little to nothing about brexit according to a recent poll you can't blame them, right? with all that's been happening here, the pandemic and politics. now americans may start hearing a lot more thanks to sir elton john and he had sheeran. they're pushing to fix the brexit deal that could hurt the music industry around the world. here's nbc's molly hunter. >> reporter: it's been a rite of passage for decades. they leave their island nation to cut their teeth. >> i would get my friends together and get in a van touring around europe playing the most awful little clubs and bars and that's where you cut your teeth as a musician. >> kevan frost music director for culture club has been touring for decades. it's what makes british musicians. that may be changing with brexit now they need country specific visas, equipment carnies. >> it just got a whole lot more expensive

by law, foreign flagged ships like princess and royal caribbean must make at least one stop in canadaing cruises to alaska, and that's why this knicks the whole thing. larry, kristen. >> all right. keep waiting. >> unfortunate. thanks, michael. >>> park lifts that have popped up during the pandemic might become permanent. the legislation being proposed by state senator scott wiener would also relax ome rules regarding alcohol. restaurants would be allowed to serve booze in places like parking lots and sidewalks. one of the biggest changes would be simplifying the permitting process for pop-ups, and music venues would no longer need to have a full kitchen in order to get a liquor license. >>> how is the bay area economy looking in the pandemic? experts today shed some light on the downturn our region has experienced. >> this is the sharpest drop in our history, and we are back to some extent, but to say it would be a recovery would be a mistake. lease activity is down 71% year-over-year. a lot of uncertainty. companies either staying here on how big an office footprint they're going to

united and the m&t deal a lot of reopening plays as well energy with marathon, cruise lines with royal caribbeanhe ceos of some of the airlines meeting at the white house today. more "squawk on the street" is back in a moment this is the gap, that opened up when everything shut down. ♪ but entrepreneurs never stopped. ♪ and found solutions that kept them going. ♪ at u.s. bank, we can help you adapt and evolve your business, no matter what you're facing. because when you close the gap, a world of possibility opens. ♪ u.s. bank. we'll get there together. ♪ for skin that never holds you back don't settle for silver #1 for diabetic dry skin* #1 for psoriasis symptom relief* and #1 for eczema symptom relief* gold bond champion your skin button up this crazy week tonight? >> on fabric, work day, derivative, a cloud company doing well and then arista, a brilliant person in taking a lot of, let's say, hyper -- when you have hyper connectivity, data center, you have to be thinking arista they are doing a very good job wow, everybody have a great weekend. >> jim, you, too see you tonight. "mad money" 6:00

negligent homicide last year. 2019, his granddaughter, chloe, fell through an 11-story window from a royal caribbeand in san juan, puerto rico. he initially pleaded not guilty but later changed his plea so his family could begin to move on from this tragedy. >>> surprising news this morning about peanut allergies. according to a new study in the journal of allergy, peanut allergies affect more adults than children. for years they've generally been thought of as a pediatric issue, but this study says at least 4.5 million adults have the condition, many of whom develop their first symptoms after turning 18 years old. there are currently no fda-approved therapies for they patients with adult-onset food allergies. >>> shocking video out of san francisco of a smash and grab robbery. several cars line up on a highway on-ramp and someone jumps out of the honda. he walks over to the toyota prius. the robber smashes the window, pulls out a bag. thankfully no one was hurt. turns out, the bag had some professional camera equipment inside. police are investigating that incident. >>> now, we turn to the sad news

royal caribbean. are you still there? >> glad you asked me about that one, too n., this is public information we don't own carnival anymore. that stock got down to ten more than doubled i think when you and i talked about it in the spring it was a name we thought was going to survive, their business would come back. but there are fundamentally issues about long term cruising and whether they are going to be down that's an industry that needs to fill every boat. we still like royal. we still lying some of the other names, norwegian cruiselines but carnival has the lower margins and the stock went up a lot. so we no longer own carnival. >> i want to come back on one broader point as opposed to the specific stocks. clearly most of the discussion the last couple of weeks has been whether the hedge funds that have been short squeezed suffer degross and that takes some out of the sails of some of the other markets. whapt what happens when your stocks go high center is there a risk that the broader markets suffer from this in a way that people aren't thinking about >> tha

el riesgo de dejar las ventanas de abiertas y no hacer nada para evitarlo nos comunicamos con royal caribbeane porque estos chavos dependen de mÍ como emilio en mÉxico los niÑos en general, mi familia yo tengo que estar fuerte y trabajÉ mucho, mucho a nivel interior para eh, sentirme lo mÁs fuerte posible, en el inicio de la pandemia. ahorita ya le agarrÉ la onda ya sabes no sÉ si le pasa igual la gente ahora le digo mendiga pandemia hagamos un tik tok. >>> bueno el tik tok fue una ventana curiosamente para estar con mis hijos para divertirnos quÉ haces con los niÑos dÍa y noche, grandes maestros mi hijos y muy buenos para el tik tok me salieron >>> unos supermega productores >>> durante esta pandemia tÚ seguiste trabajando y esta canciÓn con paquita la del barrio cÓmo lo hiciste este dueto >>> ella es una mujer muy artista si una canciÓn le llega y si no le llega no hay poder humano aunque seas frank sinatra, le gustÓ la canciÓn y la letra tiene mucho a bar car con humor un tema muy difÍcil que es del, el dolor de la infidelidad de la traiciÓn no >>> a todos nos pasÓ >>> a poco a ti tambiÉn

stocks like penn gaming got down last year to 120 royal caribbean down to 20, now, it's 92. portfolio, but that's done through active management over the last 15 years, a lot of value managers focused on restructuring breakups probably have moved into private equity it's easier to do it there in terms of value and growth represented by the popular indexes out there, those are two sector calls divided up by price to book. and the large value indexes for the most part are just financials and the relative underperformance since 2006 has become -- you know, because of the banks. if you look at the value growth and the relative index of performance, because a lot of those value indexes are so heavily with the banks they've been doing significantly better since july and august. i think the big cap growth stocks have stalled since august and september. a lot of huge move has come from, you know, financials which have gone straight up. a lot of that is statistical value or quantitative value of indexes. a lot of that because of big moves in the banks because of upward slope in yield