no, we will get it out to the other countries, rather than wew giving american know-how and ie send itbe abroad.. je >> we will take your questionsr and comments and the vaccine ane the sciencers behind it. l dr. jeremy levin, the front page of the newspapers this morning, this is "the washington post."ae the fda approved use for youth 12 to 15. what is the scientific takeaway? >> this is very good news.s viruses spread through a round population, and then they find safe havens where they can swirl around and mutate. what that means when i say latin mutate, is that when they are the -- in any part of the exampl population, they start to chang naturally. di we have seen for example in hot spots like terrible, terrible disasters that you are seeing in india, when new variants arise from mutation, ba you want tovi ensure that that type of opportunity for this t virus to changege its behavior, change itski profile and change its infectivity, and -- you can preventwh clearly the illnesses that do occur, although less than what adults by far, and yo beginin to address what is a segment of the

panorama at all, perhaps if she had done the same thing her husband had done the year before and spoke to itb of the same things might have fallen out, but, of course, he is not being accused of doing anything remotely like martin bashir did. this is the thing i have always said to any otherjournalist is that it is not worth ever telling a lie to get a story because it always comes back to bite you, it gets a short—term win, long—term absolute disaster, because as what has happened here, thank you, martin bashir every journalist in the world in an abject lesson on how not to do it, and there are also reports now tonight that he has done the same thing on other stories. of course, that he has done the same thing on otherstories. of course, if that he has done the same thing on other stories. of course, if you get one bad journalist, if they've done it once, they've done it a times. let's look at the guardian. feeding frenzy over diana reports, according to former chair of the bbc trust. the suggestion is that there would be some kind of editorial board to provide oversight which will have a lo

could itbe at risk of losing more of these gains? let's get out to josh lip ton? >> it operates two big segments. you have chips for the big cloud vendors for use in their data centers and chips used to improve video game performance in pcs and notebooks those are used for something else to. crypto currency mining demand can be strong as crypto prices move sharply higher nvidia doing that because he wants to make sure his most dedicated, loyal customers can still secure the nvidia products they want. bryson says crypto mine sg not a core market for nvidia this is a risk that investors should be thinking about demand can drop from crypto miners from the nvidia products as well. he still has buy on nvidia he's fan of the data center business they report earnings results next wednesday back to you. >> a good reminder of the companies caught up in the k krip -- crypto craze >>> warner immemedia hbo says ta supported tier will launch first week of june that's $5 less than the ad free version. this news just out from their up front ad presentation that happened just now

the itb down another 3% or more bringing losses to more than 8% this week.ore expensive look at the 30-year fixed mortgage rate. well below 3% in mid february, jumped up in march back down the april and suddenly turning higher again last monday's dip in rates saw applications rise to the highest rate in more than two months but it is not great news for home buyers. home prices are not only up 12% from a year ago but the gain in home price is accelerating at the fastest pace in over 15 years. record mortgage rates for much of the last year, low rates helped push purchases higher a monthly sentiment survey from fannie mae showed record pessimism from home buyers affordability is the problem the builders are not keeping pace with the demand they also put out a survey showing affordability weakening due to higher builder costs as well as higher mortgage rates. >> according to the national association of realtors median home prices pretty much surging nearly everywhere in the u.s. >> absolutely. it is a widespread phenomenon. it has to do with the very low supply

home builders, all of them, the sector comes under impression the dow jones home builder indin index, itbou at home. >>> chinese internet stocks, again, all level it's been a volatile year, the government cracking down on high flyers, and tech giants. check out the crane shares, china etf or the kweb as it's known. it's on track for the third decline, the longest losing streak since early months of the u.s./china trade war back in 2015 >>> and finally, take-two interactive, beating forecasts as revenue jumped 10%. >>> all right. well, today is a big day for new york city, a new day, really because for the first time in more than a year, you do not need to walk around wearing a mask, unless, of course, you're asked to or ordered to by any business that you go into. new york city easing most of its coronavirus restrictions today including that mask mandate. it's also easing capacity restrictions for restaurants, for retailers and museums. they will all be lifted after a year of closures, restrictions, masking and social distancing. much of that will also be lifted unless, again, the organiz

because, rich, this is a week in which we saw the itb, the xhb, a lot of the homebuilder names pull backewhat dramatically. what is up with this trade now >> look, we like home depot, 2% yield, 25 times earnings is a bit expensive, but we have a 5.5% free cash flow yield so we like that. now, why do we own the stock we have this urban-to-suburban flight there's incredible demand going on now in the stores you can hardly get in there on the weekends there's high consumer savings rate, stim checks, increasing demand for homes in the suburban and rural areas, and high savings rates. so we think earnings is going to be very strong i think supply chain disruptions are a problem. i'm trying to buy a plastic resin shed for my garden, i can't find it anywhere so i think supply chain is really going to be the key to home depot managing that going forward. >> all right we'll see. >>> ask halftime is next, send your questions by video and we'll play them on the air he mail us at askhalftime@cnbc.com we'll be right back. that's why they're going hybrid with ibm. a hybrid cloud approach helps them pe

i'm looking at itb, the hab, homebuilders, down 7%, 8% decline this week, the stocks are getting obliterated. an area of strength where you said look at what is happening, and you were talking the real economy, the housing boom we have seen, look what is happening, the stocks are performing incredibly well now they're falling apart a little bit, at least this week is it a worrying sign? >> well, they're all still technically in up trends these are stocks that have gone up 100%, so having them at an 8% drawdown from their recent peak to me, i wouldn't consider that to be obliterated. obliterated is draftkings, okay. obliterated is arkk. i would not consider the homebuilders quite obliterated, but it has been a tough week because these stocks are extremely sensitive to sudden and severe changes in interest rates or interest rate expectations, let's call it. that move makes sense to me. even as somebody that is still bullish on the housing trend, and i will be for probably the foreseeable future, but for every xhb you throw at me, judge, i will throw right back at you look at the bounces in wal

. >> yeah, take a look at the home building index itb down about 1% on the day as home builders reported that is going to come back to bite affordability mortgage rates are also higher than they were at the end of last year. while they have come back a bit lately they appear to be on an upward trajectory. that's why we've seen builders selling off over the last couple of weeks back to you guys. >> we've got just about one minute to go before the close. we've really come back at the session low the dow was down 205 we are now only down 45 points disney is the biggest weight on the dow today. all those media stocks are selling off. discovery after the big deal is down almost 5% after it is going to be merging with time warner or warner media's assets and creating a global media juggernaut if you look at what else is working in the markets right now, the s&p 500 also off of the session lows we're coming off of the worst week for stocks since back in february energy, materials, financials and real estate are all positive energy leading technology under pressure. communication services a lot

itb is home builders and kbe is s&p banks.ng in opposite directions in response to yields this is fatigue in leadership group. a little bit of strength here in semiconductors and internet stocks so this doesn't really look like a big sea change in terms of the leadership of the market it looks like selling one thing where you have high exposures and picking up some of the stuff and maybe a little bit under invested it's a waxing and waning of strength big picture. take a look at this chart. comparing the run since march of 2020 to prior huge rallies off of a major market low in 2009 and this is the chart making the rounds from strategis. we've been running way ahead 70% move it flattens out or chops down. we are ahead of the game here. one thing i'll mention quickly two instances is not significant from the past. those prior markets flattened out around the time that the fed started to withdraw some stimulus, either hiking rates or the end of qe 1 in 2010. that will set the broader scene for you, joe >> okay, mike. thanks stay