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Apr 17, 2024
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are doing that. >> i take your point that boeing is building a safe aircraft, the one that boeing had was not a safe aircraft. statistically safe incidents will happen, unfortunately in this case, nobody died or was injured in any amount that i think things happen, aviation and -- putting together complex planes highly variable is part of the manufacturing process. there will be errors, i think they will be focused on that, their focus going forward, they go for -- moving forward. as a shareholder, the change at the leadership of the company a good move. >> calhoun was going to be -- in or around the time he was going to at the -- we really focus on, going forward, boeing is a great opportunity here is a portfolio manager to earn it, the backdrop and fundamentals of the industry, travel is being set to outpace global gdp. all things being equal, we continue to do that and boeing is well-positioned to benefit. >> great to see you. >>> coming up, juicy details, we will get a little bit of insight. from a consumer facing ceo of the impact of stubborn inflation. inflation. we are back in
are doing that. >> i take your point that boeing is building a safe aircraft, the one that boeing had was not a safe aircraft. statistically safe incidents will happen, unfortunately in this case, nobody died or was injured in any amount that i think things happen, aviation and -- putting together complex planes highly variable is part of the manufacturing process. there will be errors, i think they will be focused on that, their focus going forward, they go for -- moving forward. as a...
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Apr 9, 2024
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in terms of boeing, we did reach out to boeing. it has a statement regarding the claims of the whistle-blower and it's what you would expect. boeing denying these claims that the dreamliner is -- they're taking shortcuts to put the dreamliner together. we are fully confident in the dreamliner. these claims of the 787 are inaccurate and do not represent the work boeing has done to ensure the quality and long-term safety of the aircraft. issues raised have been subject to rigorous examination under faa oversight. this analysis has validated these issues do not present any safety concerns. we should point out the dreamliner, they stopped production for much of 2020 up through late 2022 to inspect minute cracks. and whether or not it represented integrity degrading to a point it was a flight of safety issue. and in 2022 they made a decision, the faa did, that the inspections put in place and changes in production, all of that together made the dreamliner not only safe to continue to fly but also to begin production and deliveries. we'l
in terms of boeing, we did reach out to boeing. it has a statement regarding the claims of the whistle-blower and it's what you would expect. boeing denying these claims that the dreamliner is -- they're taking shortcuts to put the dreamliner together. we are fully confident in the dreamliner. these claims of the 787 are inaccurate and do not represent the work boeing has done to ensure the quality and long-term safety of the aircraft. issues raised have been subject to rigorous examination...
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Apr 24, 2024
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i do trust flying on boeing airplanes. i don't have any issue flying on any type of boeing airplane, to include the max. do i trust boeing, period? the jury is still out on that. i think they have done some things to lose my trust, and they're slowly building it back, but i'm not there. >> mr. munoz, same question. >> you know, flying on aircraft, i'll answer that question from a pilot's perspective. pilots don't have any reservation about flying on the aircraft safety is there. i trust boeing as well, but we don't know what's coming we don't know what the new ceo is going to do and answering that question is, time will tell not because of boeing and it's wonderful people and professionals, but because the leadership is still sort of in a mix there. and so ask us that later and we'll have a better answer >> i don't mean to embarrass you, but if they called, would you take the job as ceo? >> well, thank you i'll stay off that pattern for now. there's enough speculation going around, but listen, it's a great company. >> unde
i do trust flying on boeing airplanes. i don't have any issue flying on any type of boeing airplane, to include the max. do i trust boeing, period? the jury is still out on that. i think they have done some things to lose my trust, and they're slowly building it back, but i'm not there. >> mr. munoz, same question. >> you know, flying on aircraft, i'll answer that question from a pilot's perspective. pilots don't have any reservation about flying on the aircraft safety is there. i...
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Apr 10, 2024
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boeing denies the claim. in a staemt adding, quote, the claims are inaccution inaccurat because of the comprehensive work done to ensure the quality and long-term safety of the aircraft. >>> there are two issues with delta. strong guidance may be too much to ask. analysts say delta is a leader in international and corporate travel but restraints could weigh on kacapacity in the comi months. joining me now with her expectations is aerospace and defense analyst at jefferies. sheila, great to see you. >> good morning. thank you very much. >>> let's start with delta. more than 20% upside on the stock. what are you seeing in the travel market that's giving you so much confidence. >> when we think about boeing, the pressuring capacity should be positive for the domestic airline industry. why is that? particularly on a 737, which is used for domestic travel versus the 787 which is the wide body for international travel, boeing is about 100 aircraft short already in the u.s.domestic market to start the year as we ori
boeing denies the claim. in a staemt adding, quote, the claims are inaccution inaccurat because of the comprehensive work done to ensure the quality and long-term safety of the aircraft. >>> there are two issues with delta. strong guidance may be too much to ask. analysts say delta is a leader in international and corporate travel but restraints could weigh on kacapacity in the comi months. joining me now with her expectations is aerospace and defense analyst at jefferies. sheila,...
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Apr 24, 2024
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boeing expected to report in just over two hours as the aerospace giant continues to face a bumpy road ahead around production issues and succession questions. it's wednesday, april 24th, 2024 and you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning welcome to "worldwide exchange." we're coming to you live from cnbc london. thanks so much for being here with us. let's get you ready for the trading addai head we check on the tech stock futures with the s&p and nasdaq. the s&p has seen its best day since february the douceting its streak to four straight days. taking a look, a bit of a mixed picture. the s&p solidly in the green right now. investors getting more fresh momentum with another big day of earnings on tap. we get results from at&t, ford, boeing, meta, and ibm just to name a few the bond markets slipped a bit durable goods data, that's out later this morning right now we see the benchmark 2-year pulling back. it pulled back just about six basis points this morning. we also want to get a check on oil. data showing a surprise. a positive sign for demand ta
boeing expected to report in just over two hours as the aerospace giant continues to face a bumpy road ahead around production issues and succession questions. it's wednesday, april 24th, 2024 and you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning welcome to "worldwide exchange." we're coming to you live from cnbc london. thanks so much for being here with us. let's get you ready for the trading addai head we check on the tech stock futures...
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boeing touches a lot of suppliers. each plane has a million parts there are two big factories that have to be merit spirit aerospace systems if they decide to take it in-house which is currently in talks with boeing to be taken out. >> just curious. if it's found to have deferred that agreement, what do you think it means for the stock if they're found criminally liable, i don't know what fines there are. i don't know if it involves another agreement at that point, management will be involved, prior management will be involved how do you sort of play that out? >> i think it's hard to play it out in terms of investor sentiment in the share price performance. clearly another ding and a fine would be very negative for the stock in that you would have additional debt in place and their debt balances are already in the $45 billion range that wouldn't be positive from that perspective but dave calhoun is leaving, not because of anything he's done. the former management no longer is at boeing i think what we have to take back
boeing touches a lot of suppliers. each plane has a million parts there are two big factories that have to be merit spirit aerospace systems if they decide to take it in-house which is currently in talks with boeing to be taken out. >> just curious. if it's found to have deferred that agreement, what do you think it means for the stock if they're found criminally liable, i don't know what fines there are. i don't know if it involves another agreement at that point, management will be...
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Apr 18, 2024
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boeing shares down 35% year to date silvana, thank you we have a market flash for you with boeing. reuters saying alaska air is looking for more inspectors over the grounding and they expect more delays in the 737 program shares of boeing down 1% phil lebeau will have more with the aldsaska air ceo at 1:00 p. >>> and we have more coming up on "worldwide exchange," including the one word investors need to know today and then micron air stock is popping. arjun kharpal is joining me here on set. >>> and sticking with chips. topping expectations for the recent quarter, but will the rising tide lift all boats >>> and the pension fund could be dealt a blow for the recent run-up we have a very busy hour when "worldwide exchange" returns stay with us tamra, izzy, and emma... no one puts more love into logistics than these three. you need them. they need a retirement plan. work with principal so we can help you with a plan that's right for your team. let our expertise round out yours. my name is oluseyi and some of my favorite moments throughout my life are watching sports with my dad. now,
boeing shares down 35% year to date silvana, thank you we have a market flash for you with boeing. reuters saying alaska air is looking for more inspectors over the grounding and they expect more delays in the 737 program shares of boeing down 1% phil lebeau will have more with the aldsaska air ceo at 1:00 p. >>> and we have more coming up on "worldwide exchange," including the one word investors need to know today and then micron air stock is popping. arjun kharpal is...
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Apr 10, 2024
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so boeing's statement there. keep an eye on boeing shares. we'll shift to another dow component, oil and gas giant chevron, higher by .1%. thinner premarket trading volumes. the stock could get a little help later on today as analysts at barclays initiate coverage of the company with an overweight rating. also a $203 target price. they think the stock looks attractive regardless whether the plan goes through or not and they like the company's more balanced portfolio of assets so those chevron shares in focus on the oil and gas side and we'll cap it off with a check on tesla, up roughly .5%, following up on yesterday's 2% gain we're seeing a bit of a bounce in that stock, short-term. always one of the most popular and searched stocks on our cnbc.com website. new this morning, analysts at jeffries have cut their target price on the electric vehicle giant to 165 bucks. it was 185 before. they keep their hold rating. they're citing things like shifting production propeioriti. so keep an eye on tesla shares up .5%. for those and other calls, head
so boeing's statement there. keep an eye on boeing shares. we'll shift to another dow component, oil and gas giant chevron, higher by .1%. thinner premarket trading volumes. the stock could get a little help later on today as analysts at barclays initiate coverage of the company with an overweight rating. also a $203 target price. they think the stock looks attractive regardless whether the plan goes through or not and they like the company's more balanced portfolio of assets so those chevron...
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Apr 11, 2024
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the sector as a whole needs a strong boeing. >> the industry needs a strong boeing. we need to have competition with boeing and airbus. i'm confident that these issues will be addressed and we will see boeing to return to the numbers we expect from them. it is important that they face up to the problems that they are encountering and deal with them in an open way and move forward. >>> in related news, delta airlines is expecting bumper spring and summer demand to drive it to a record-breaking second quarter after posting its best ever first quarter as revenue jumped 6% on the year to $12.6 billion. we have arabile jouining us wit more. you wooshed in. >> i didn't. they wooshed in great numbers. first quarter saw record numbers. surprising actually. the first quarter is usually the least profitable quarter for the airlines in the united states. if you run through the numbers. adjusted earnings at $380 million. that is up 75% compared to $217 million you had a year ago. that's 45 cents a share when it comes to adjusted earnings per share. the market anticipated 36. blo
the sector as a whole needs a strong boeing. >> the industry needs a strong boeing. we need to have competition with boeing and airbus. i'm confident that these issues will be addressed and we will see boeing to return to the numbers we expect from them. it is important that they face up to the problems that they are encountering and deal with them in an open way and move forward. >>> in related news, delta airlines is expecting bumper spring and summer demand to drive it to a...
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Apr 17, 2024
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boeing has maintained there's no safety issue. joining us now is senator richard blumenthal, he's going to be leading today's hearing. we gotten a preview of what this whistle-blower is going to say, i'm curious, what are you looking for and how it contradicts what boeing is saying? >> what we'll hear today from this whistle-blower is a pattern of behavior that put profits over safety. the speed of production almost over everything else. and it's behavior described as whistle-blowers who suffered retaliation. really shockin i ing reprisals. which itself is worthy of further investigations by our committee, the faa and the department of justice and boeing at a moment of reckoning. a moment that's years in the making. it promised to be better after the plane crashes of 2018 and 2019 that killed 346 people and it's still failing. >> senator, what should the american public think as they watch this hearing today, and would you step on a boeing plane? >> not only would i do, i do step on boeing planes, and the american public should no
boeing has maintained there's no safety issue. joining us now is senator richard blumenthal, he's going to be leading today's hearing. we gotten a preview of what this whistle-blower is going to say, i'm curious, what are you looking for and how it contradicts what boeing is saying? >> what we'll hear today from this whistle-blower is a pattern of behavior that put profits over safety. the speed of production almost over everything else. and it's behavior described as whistle-blowers who...
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Apr 24, 2024
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boeing and tesla, we are in washington with boeing, and interview we had with the ceo, dave calhoun. >> reporter: when you look at boeing shares, the main question on wall street, they are building a bottom, how much worse can things get? many on wall street leave they cannot get worse and pointed to the first quarter as an example. they lost a lot of money. the loss was less than expected but they still lost a lot of money. within that, there are some things boeing bowls, but if you just would look at and say free cash flow in the first quarter, the law smaller than expected and they are making progress on the faa review and the spirit fuselage issues appear to be declining. we spoke about that with dave calhoun this morning. >> it is more about whether it is low or not. wildly sporadic. we are trying to sync up our supply chain this will begin to steady as we get to the second quarter. and then it will be all about how many perfect uselages do we get from spirit. that will be the constraint an opportunity and i am confident we will get there. >> reporter: that raises the question,
boeing and tesla, we are in washington with boeing, and interview we had with the ceo, dave calhoun. >> reporter: when you look at boeing shares, the main question on wall street, they are building a bottom, how much worse can things get? many on wall street leave they cannot get worse and pointed to the first quarter as an example. they lost a lot of money. the loss was less than expected but they still lost a lot of money. within that, there are some things boeing bowls, but if you just...
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Apr 2, 2024
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of boeing. this is a bit of a unicorn-style person. and i'm curious of the people you know in the industry or others, what kind of person you would like to see in this role? >> i think that's the proper question. what type of person do we want? you outline all of the different variables. again, we all have viewpoints and opinions. this is getting played out in the press. many people's names are being -- i know several of them who don't necessarily have an interest, because they have really meaningful roles today. i think, again, from my perspective, and the board will make the selection, and the board is not always as close to what's happening in the company. i would go out and listen to ooa lot of the alumni. the concept of anering person is probably worthwhile over the longer term. but as you outline, there's a boat load of issues that encompass something more than an engineering mind-set. you need someone to fix the perceived lack of safety and culture. you need someone to fix all the constit
of boeing. this is a bit of a unicorn-style person. and i'm curious of the people you know in the industry or others, what kind of person you would like to see in this role? >> i think that's the proper question. what type of person do we want? you outline all of the different variables. again, we all have viewpoints and opinions. this is getting played out in the press. many people's names are being -- i know several of them who don't necessarily have an interest, because they have...
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Apr 17, 2024
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listen. >> should boeing ground the 787 to check the gap sizes? >> i would say they need to. >> the entire fleet worldwide. >> the entire fleet worldwide as far as i'm concerned right now is they need attention. you need to check your gaps, make sure you don't have potential for premature failing. >> boeing has insisted 787 is safe and shows zero signs of fatigue and the planes have been stress-tested and the dreamliner is safe. they intended to lay out in detail its manufacturing process to refute the allegations. >>> tim cook is traveling in jakarta today. his company will look at building a manufacturing company in indonesia after meeting with its president. since 2018 it's been setting up app developer academies. this is cook's latest leg of his tour after visiting vietnam earlier this week. >>> video game company taketwo plans to cut jobs and cancel games. it's expected to save the company about $165 million a year and is also tasked with finding, quote, efficiencies across its business. efficiencies still the relevant world for many companie
listen. >> should boeing ground the 787 to check the gap sizes? >> i would say they need to. >> the entire fleet worldwide. >> the entire fleet worldwide as far as i'm concerned right now is they need attention. you need to check your gaps, make sure you don't have potential for premature failing. >> boeing has insisted 787 is safe and shows zero signs of fatigue and the planes have been stress-tested and the dreamliner is safe. they intended to lay out in detail...
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Apr 24, 2024
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and bertha coombs is tracking biotech giants phil, starting with you on boeing >> you know, david, boeing shares moving higher as the campaign reported a massive loss for the first quarter. why is the stock high centre it wasn't as bad as many on wall street expected. they did lose $1.13 a share, street was expecting $1.76 revenue better than expected free cash flow, a lot of $3.9 billion but that was not as bad as many expected all of that contributing to the shares moving up 1% right now. the commercial airplanebusines is where the focus is, specifically 737 max production. revenue down 31% in the first quarter as deliveries and production dropped dramatically. deliveries, 83 in the first quarter of this year, compared to 130 last year they're working with the faa to come up with a new template, if you will, in terms of what's expected for quality control here's what dave calhoun had to say earlier today about where they are in those discussions with the faa. >> the review is going well. in the sense that we're both approaching it business like we all want the same thing we want a facto
and bertha coombs is tracking biotech giants phil, starting with you on boeing >> you know, david, boeing shares moving higher as the campaign reported a massive loss for the first quarter. why is the stock high centre it wasn't as bad as many on wall street expected. they did lose $1.13 a share, street was expecting $1.76 revenue better than expected free cash flow, a lot of $3.9 billion but that was not as bad as many expected all of that contributing to the shares moving up 1% right...
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Apr 18, 2024
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alaska air's ceo joins us in an exclusive interview to talk about that, about boeing and more but we begin with today's markets and our friend, bob, at the new york stock exchange. hey, bob >> tyler, a pleasure to see you. we started flattish. we bov moved up in the middle oh day and losing steam we are flat on the day after being up about an hour ago the economy is still good, but the yields are still elevated. i think that's a problem here. we were up a lot more, we're basically flat on the season it's been a narrow trading range, about 40 points the dow industrials split, strength in united health. travelers bouncing back after a rotten earnings report and the nasdaq is a disappointment here. its big-cap tech is mixed but largely down semiconductors are a bit on the weak side. the tech space is the weak area. big-cap tech here, nvidia and google still -- apple, still mixed here alphabet is up slightly. micron is down almost 3% that's a really weak stock in that sector right now. for earnings, you heard about dr horton here. for all the worry about higher rates, dr horton has done
alaska air's ceo joins us in an exclusive interview to talk about that, about boeing and more but we begin with today's markets and our friend, bob, at the new york stock exchange. hey, bob >> tyler, a pleasure to see you. we started flattish. we bov moved up in the middle oh day and losing steam we are flat on the day after being up about an hour ago the economy is still good, but the yields are still elevated. i think that's a problem here. we were up a lot more, we're basically flat on...
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Apr 9, 2024
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, boeing gets you there. people -- take it to the bank, that was american-made quality, that sort of thing. that is the question, think about the legacy of this management over the last few years. they cannot choose somebody internal to do this sort of thing. it whats to be someone from external. and it's going to take awhile to get that reputation. >>> there's a lot more "fast money" to come. here's what's coming up next. >>> cisco off the sidelines. one analyst says the stock is about to close the valuation gap. what they say will drive the networking name higher. plus, inflation may be down, but power prices are up, up, up. how infrastructure upgrades are driving the surge, and what it could mean for customers. you're watching "fast money," live from the nasdaq market site in tes sarimque. we're back right after this. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on ind
, boeing gets you there. people -- take it to the bank, that was american-made quality, that sort of thing. that is the question, think about the legacy of this management over the last few years. they cannot choose somebody internal to do this sort of thing. it whats to be someone from external. and it's going to take awhile to get that reputation. >>> there's a lot more "fast money" to come. here's what's coming up next. >>> cisco off the sidelines. one analyst...
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Apr 26, 2024
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the issues at boeing are bringing uncertainty into the ecosystem there. i had a chance to catch up with the ceo of airbus and i asked how he felt the supply chain would be like in 2024. >> the environment has not improved in the recent months. the supply chain is complicated and a pacing element for the ramp up in a broad base. it is not only one piece of equipment missing, but we have our team broadly talking to the supply chain to the tier 1 suppliers and tier 2 and tier 3 suppliers to detect issues early and address them it is true that the supply chain is the bottleneck for 2024 and it has not gotten easier in the last two months. >> and another issue here is bringing more uncertainty for some of the suppliers and potentially making things more difficult for you as well. >> i would say this is, in fact, the case we usually get the question of the issues of boeing is helping us and i consistently said it is not helpful for the industry and not helpful for airbus what you mentioned is one of the symptoms we see it putting additional pressure and repercu
the issues at boeing are bringing uncertainty into the ecosystem there. i had a chance to catch up with the ceo of airbus and i asked how he felt the supply chain would be like in 2024. >> the environment has not improved in the recent months. the supply chain is complicated and a pacing element for the ramp up in a broad base. it is not only one piece of equipment missing, but we have our team broadly talking to the supply chain to the tier 1 suppliers and tier 2 and tier 3 suppliers to...
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Apr 16, 2024
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boeing down 13%. home depot down 12%. united health reports in a bit and that is down double digits. we are checking the bond market as treasury yields are mohoveri at the highest level in six months. we continue to watch the moves and impact on the overall markets. we are looking at energy and oil holding at $90 a barrel. brent crude is falling a few cents below the $90. wti is falling down one-third. we are looking at other commodities. gold is continuing to move higher. gold is up 15%. trading at 2,3 the $2,385 an ounce. and look at cocoa. it is up 150% for the year. >>> let's turn attention back to stocks and wall street bracing for the third down session in a row. the major averages are off the record highs. this is the fear gauge which pops to the highest level since october on fears of inflation following the hotter than expected retail sales report. to help us dig through the noise is andrew grinstead. celebrating 45 years in business with $2.5 billion in assets. good to talk to you from london. a lot going on in
boeing down 13%. home depot down 12%. united health reports in a bit and that is down double digits. we are checking the bond market as treasury yields are mohoveri at the highest level in six months. we continue to watch the moves and impact on the overall markets. we are looking at energy and oil holding at $90 a barrel. brent crude is falling a few cents below the $90. wti is falling down one-third. we are looking at other commodities. gold is continuing to move higher. gold is up 15%....
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Apr 17, 2024
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we should point out, two days ago, boeing knew that this was coming. this complaint has been lodged with the faa some time ago. they did a deep dive, a technical briefing, explaining why they believe the gaps in the fuselage, where they're brought together, are well within conformance, and they believe that there's nothing to these allegations, that these planes are safe to fly. by the way, we talked with scott kirby, ceo of united airlines. they fly more dreamliners than any other airline in the world. here's what he had to say about these allegations. >> this is an airplane, there are thousands of these airplanes, flisk for decades. millions of the flight hours. i am totally confident the 787 is a safe airplane. >> take a look at shares of united, separate from all of this, that stock is on a rip higher today, up almost 12% given better than expected results yesterday. as for boeing, it continues to languish and probably will over the next couple of weeks, because we're a ways from seeing some stabilization here, guys. >> yeah, not to mention, of cou
we should point out, two days ago, boeing knew that this was coming. this complaint has been lodged with the faa some time ago. they did a deep dive, a technical briefing, explaining why they believe the gaps in the fuselage, where they're brought together, are well within conformance, and they believe that there's nothing to these allegations, that these planes are safe to fly. by the way, we talked with scott kirby, ceo of united airlines. they fly more dreamliners than any other airline in...
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Apr 8, 2024
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you might be a customer of boeing as well. are you confronted with air capacity constraints because of the lower deliveries? >> so, we haveseen lower deliveries and we had back-up plans. there is no impact for us this year or next year. by the way, airbus customers have seen less aircrafts coming into the fleet. it is a general issue that demand for a new aircraft is higher. we are lucky that we have what we need after it should not impact. >> reporter: sebastian, thank you. back to you. i think nobody would have guessed that travel is coming back to forcefully and especially demand for aircraft looking back two or three years when we were in the middle of covid. back to you. >> every plane i've been on, including here to london, has been packed to the gills. >>> u.s. treasury secretary janet yellen is set to conclude her trip to china after the stop at the central bank which was after the weekend talking to leaders over what it considers to be and fair trade capacities. sara eisen is in beijing with the conversation. don't mi
you might be a customer of boeing as well. are you confronted with air capacity constraints because of the lower deliveries? >> so, we haveseen lower deliveries and we had back-up plans. there is no impact for us this year or next year. by the way, airbus customers have seen less aircrafts coming into the fleet. it is a general issue that demand for a new aircraft is higher. we are lucky that we have what we need after it should not impact. >> reporter: sebastian, thank you. back to...
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Apr 24, 2024
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in a good market boeing stock would build on that advance. in a bad market appear let's come and go straight down. the letter is exactly what happened. i needed to get ahead of the people who were buying when boeing openhearted. they didn't care who bought it, and they thought picked off. they are no natural sellers. i see stocks like that all over the place. real landmines everywhere you look. take new corp. which we had on last night. told a good story about how this company miss the quarter. he will be able to straighten it out fairly soon. but, he said the next quarter will be even weaker. too many buyers agreed with me. nucor stock opened at 175. but, then like boeing the stock. waited and felt 172. the quarter was truly disappointing. only a treacherous market has that kind of action, and i don't like treacherous markets. finally, we had our monthly investment club meeting at noon today. and as much as i want to think that i like all the stocks. i found myself hedging so many stocks that it was quite chilling. when you own more than 30
in a good market boeing stock would build on that advance. in a bad market appear let's come and go straight down. the letter is exactly what happened. i needed to get ahead of the people who were buying when boeing openhearted. they didn't care who bought it, and they thought picked off. they are no natural sellers. i see stocks like that all over the place. real landmines everywhere you look. take new corp. which we had on last night. told a good story about how this company miss the quarter....
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Apr 8, 2024
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in 2015 and i know the headlines and more headaches for boeing this is a maintenance issue. while boeing and ge aerospace which makes the engine, they're assisting southwest with their investigation. as you take a look at shares of southwest this is not considered a boeing manufacturing issue. so keep in mind as you take a look at southwest, the executive pay is part of what will be determining the pay bob jordan and other executives next year, how are things happening and what is the status of safety as well as quality controls there. also with regard to bow, we get the q1 and orders and deliveries tomorrow and do not expect strong numbers given that they've dramatically slowed down production. >> phil lebeau, watching that closely. >> the countdown to thine solar eclipse and the path of totality, you are getting a live pick of the eclipse from mexico, and we will go live to burlington, vermont with a check on the scene there and the expected impact of this event and world renowned theoretical physist iaicbrn green is here, as well. we are back in two minutes. the future is
in 2015 and i know the headlines and more headaches for boeing this is a maintenance issue. while boeing and ge aerospace which makes the engine, they're assisting southwest with their investigation. as you take a look at shares of southwest this is not considered a boeing manufacturing issue. so keep in mind as you take a look at southwest, the executive pay is part of what will be determining the pay bob jordan and other executives next year, how are things happening and what is the status of...
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Apr 16, 2024
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everybody wants boeing to succeed. boeing, it's important for the united states for boeing to succeed and we think the sentiment will give whoever steps into this new leadership role significant runway to execute what we think will be some of the tough decision, and ultimately reposition the company here, to benefit from what is a very strong demand environment, across both the defense and the commercial portfolio. >> ken, thanks for joining us. appreciate your time. >> great, thanks, have a great day. >>> coming up, we'll talk more about the fight in washington over aid for israel and ukraine. things like they're starting to move in congress. after a break, south dakota senator mike rounds will joining us. but first, johnson & johnson beating estimates. ceo jeff wolf joining us roonlt on the show. here he is responding to a question about whether he's as optimistic about the rest of the year as j&j's first quarter results might suggest. >> if you listen to and look at some of the clinical advancements we've had, we'll
everybody wants boeing to succeed. boeing, it's important for the united states for boeing to succeed and we think the sentiment will give whoever steps into this new leadership role significant runway to execute what we think will be some of the tough decision, and ultimately reposition the company here, to benefit from what is a very strong demand environment, across both the defense and the commercial portfolio. >> ken, thanks for joining us. appreciate your time. >> great,...
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Apr 23, 2024
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boeing has slowed delivery and output of the 737 planes. don't miss cnbc's exclusive interview with boeing ceo dave calhoun tomorrow at 9:00 a.m. >>> the ftc is suing to block tapestry's $8.5 billion it takeover of capri holdings. that would put coach and michael kors and kate spade under one roof. the ftc says the combined company would harm shoppers and employees. tapestry and capri say they will fight for the deal to go through in court. >>> reuters reporting that china recently got access to banned nvidia super chips. the chinese universities and research institutes got access to the chips through resellers despite the u.s. expanding the ban on the sale of the technology to china last year. nvidia tells reuters there is no indication of any of its partners violating export rules while super micro and dell say they are investigating further. frank. >> zsilvana, thank you. >>> we have more coming up, including the one word investors have to know today. first, we get you ready for u.p.s. results due out in 0 min 30 minutes. we will ask wha
boeing has slowed delivery and output of the 737 planes. don't miss cnbc's exclusive interview with boeing ceo dave calhoun tomorrow at 9:00 a.m. >>> the ftc is suing to block tapestry's $8.5 billion it takeover of capri holdings. that would put coach and michael kors and kate spade under one roof. the ftc says the combined company would harm shoppers and employees. tapestry and capri say they will fight for the deal to go through in court. >>> reuters reporting that china...
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Apr 23, 2024
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lots and lots of moving parts, literally here what would you do with boeing? >> not to mention, tyler, that on monday, one of the high-up executives said we're going to have a problem on the dreamliner because there's a couple parts they need to complete. so, we're not just in 737 max territory, we have the dreamliner they can't push out here is my issue, last two years they have been hitting about 500 planes delivered per year. last year about 525. i think this is a value trap number one let's say we got over the 737 problem. we have the best environment in the world. this decade, not this year, this decade in aerospace. it's heart breaking to see a great american company not being able to execute. i feel this is a value trap. i would rather buy it this year when i see planes getting delivered and hopefully air bus doesn't eat their lunch between now and then. >> let's pause for a moment and learn dave calhoun will join "squawk on the street" to discuss the company's results. that's tomorrow in the 9:00 p.m. eastern hour it's a cnbc exclusive you do not want
lots and lots of moving parts, literally here what would you do with boeing? >> not to mention, tyler, that on monday, one of the high-up executives said we're going to have a problem on the dreamliner because there's a couple parts they need to complete. so, we're not just in 737 max territory, we have the dreamliner they can't push out here is my issue, last two years they have been hitting about 500 planes delivered per year. last year about 525. i think this is a value trap number one...
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Apr 24, 2024
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boeing and at&t this morning meta platforms, ford and ibm after the "closing bell. it's wednesday, april 24th, 2024 "squawk box" begins right now. ♪ >>> good morning, everybody. welcome to "squawk box" right here on cn we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin, and here we go this morning. let's check things out you're going to see a mixed picture right now when you're checking out the u.s. equity futures. dow futures are off by 30 points, s&p up by 3 points we shoals auld take look at what's happening with treasury yields a tz you know, the trend has been higher and that continues this morning the 10-year is at 4.63 the 2-year while it's in the green, it's a little bit below where we were yesterday, 4.94. still below 5% we'll take a quick look at oil prices data showing a drop in crude stocks, a positive sign for demand yesterday oil prices were higher, this morning giving back just about 39d%. but wti is just below $30 a barrel. >> meantime protests arrive ingn campus speaker johnson spe
boeing and at&t this morning meta platforms, ford and ibm after the "closing bell. it's wednesday, april 24th, 2024 "squawk box" begins right now. ♪ >>> good morning, everybody. welcome to "squawk box" right here on cn we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin, and here we go this morning. let's check things out you're going to see a mixed picture right now when you're checking...
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Apr 25, 2024
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>> you know, we, just starting with boeing at the very top, we support boeing taking the time to fix their issues, become a better company, because that is good for southwest airlines and the country long-term. but there's no doubt this is a significant issue. replanning, adjusting schedules for our customers, and yeah, we're significantly down from our originally planned deliveries, but that's not going to be an excuse. we need to hit our financial targets, and we'll take action we're adjusting our network. we are tuning our revenue management system. we are taking marketing actions. and we're looking at new initiatives, things like the way we seat and the way we board our aircraft >> let's talk about that for the longest time, this has been an airline where you buy a seat, or ticket, you pick the seat generally speaking is there a possibility we may see a business class or some type of a bifurcation within the cabin? >> well, there's nothing to report today, except the fact that we are studying this. we always want to know what our customers expect, and so -- and their preferences,
>> you know, we, just starting with boeing at the very top, we support boeing taking the time to fix their issues, become a better company, because that is good for southwest airlines and the country long-term. but there's no doubt this is a significant issue. replanning, adjusting schedules for our customers, and yeah, we're significantly down from our originally planned deliveries, but that's not going to be an excuse. we need to hit our financial targets, and we'll take action we're...
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Apr 8, 2024
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you look at shares of boeing, keep in mind tomorrow we'll get boeing's orders and deliveries not only for march but for all of the first quarter and then we can extrapolate that in terms of what we might see for the full year. that is really what is moving the boeing shares today because when you look at the concern about manufacturing at boeing, the question is, will they have to slow down production as they did in the first quarter for the rest of the year. we'll get some indication based on the numbers that we see tomorrow. >> yeah, some of the anecdotal reporting suggests production has really slowed to a news. >>> still to come, this is a big week including fed minutes. and is the ai narrative breaking down? app abo aabollo chief economistk about it. >>> welcome back. make or break week for markets where they host fed speak and fed minutes and of course cpi and ppi inflation data. and the chart of the ma sgchlt 7 turned into the fab 4 just showing the splint erg ering of basket got a lot of attention. what do you think that says about the ai environment right now? >> that is very
you look at shares of boeing, keep in mind tomorrow we'll get boeing's orders and deliveries not only for march but for all of the first quarter and then we can extrapolate that in terms of what we might see for the full year. that is really what is moving the boeing shares today because when you look at the concern about manufacturing at boeing, the question is, will they have to slow down production as they did in the first quarter for the rest of the year. we'll get some indication based on...
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Apr 30, 2024
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the nation knows that boeing needs to exist. my concern has been since the alaska airlines disaster, is the government will have to step in to really get their operations on track. i hope i'm wrong. you know i hope i'm wrong. i'm worried the government will have to step in and say to hell with profits. we need boeing to work. >> i feel like they already are doing that. they can't get back to 38 planes a month, they delivered three last month. it will take some time. eventually it will happen. >> all right. you've had patience with some other stories that have taken time and they worked. patience is a virtue. ever hear that? >> i have. >>> we're trading big earnings movers aad.he mike santoli is on the other side of this quick break with his "midday word." ♪ >>> our senior markets commentator mike santoli here for his "midday word." with the dow now down about 423, i guess we've had too many sticky inflation reads for comfort. >> yes. >> at this point. and this is participate of the reaction. >> it's part of the reaction. i thi
the nation knows that boeing needs to exist. my concern has been since the alaska airlines disaster, is the government will have to step in to really get their operations on track. i hope i'm wrong. you know i hope i'm wrong. i'm worried the government will have to step in and say to hell with profits. we need boeing to work. >> i feel like they already are doing that. they can't get back to 38 planes a month, they delivered three last month. it will take some time. eventually it will...
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Apr 10, 2024
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boeing says the claims are not accurate. boeing deliveries for the last month were below half the level recorded in 2024 -- or 2023 possibly as regulatory action and increased quality checks delayed production of the 777s. >>> it has secured 107 orders for buses compared to 121 just a year ago. >>> delta ceo ed bastien, you can catch that interview at 1:10 p.m. cte. >>> tesco expects a further rise in profits from 2023. it expected operating profits of at least 2.8 billion pounds in 2024. sylvia has more, and it certainly seems very encouraging, some of the commentary coming out of tesco, seeing food inflation, coming down to low single digits later on this year. that would be great, wonuldn't it? >> a lot of positives there. that is reflective in some of the share price reaction thus far in the equity session. they are indeed suggesting that the inflationary pressures are receiving. and when it comes to their market shares, you see important numbers here. they have said that are strengthening their market share in the unite
boeing says the claims are not accurate. boeing deliveries for the last month were below half the level recorded in 2024 -- or 2023 possibly as regulatory action and increased quality checks delayed production of the 777s. >>> it has secured 107 orders for buses compared to 121 just a year ago. >>> delta ceo ed bastien, you can catch that interview at 1:10 p.m. cte. >>> tesco expects a further rise in profits from 2023. it expected operating profits of at least 2.8...
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Apr 9, 2024
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your trade on troubled boeing. >> this one his a screaming sale for me on boeing shares. not even on the news today about the whistleblower complaint, but really is going to take, however long you think it is going to take boeing to turn this company around, double that expectation. i understand the temptation to step in and purchase shares here , but i have a feeling that it is going to get even worse the more investigations come out. i would encourage investors to be patient here. >> more than 30% here today. up next let's talk nasdaq, getting an upgrade from bargains danley saying they are bullish. they are up nearly 2% today. what is your trade here? >> you know, i think this one is probably a hold. historically the does well as long as there is a bull market going on. i don't see a catalyst for them to continue to push higher from here. if you think about the three major indexes started fizzling out a little bit in the last few days of trading, i don't see where the nasdaq goes unless the ipo market is heading back up like we thought maybe it could with the shares of
your trade on troubled boeing. >> this one his a screaming sale for me on boeing shares. not even on the news today about the whistleblower complaint, but really is going to take, however long you think it is going to take boeing to turn this company around, double that expectation. i understand the temptation to step in and purchase shares here , but i have a feeling that it is going to get even worse the more investigations come out. i would encourage investors to be patient here....
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Apr 23, 2024
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ceo of boeing? >> i floated the idea that greg hayes should be the ceo of boeing. i got laughter. >> from greg? >> yeah. greg does not want that job because greg is going out on a high, and i'm thinking who is going to take that job. >> i don't know why culp would leave $170 billion market value for boeing. >> he's not leaving. >> i've got to take a look. >> he doesn't play for comp. >> okay. >> mahomes didn't play for comp initially. he's the mahomes of aerospace. >> larry culp is the mahomes of aerospace. >> got it. >> he'll like that, too. >> maybe he thinks he should be the andy reid, who is now the highest paid coach in the nfl. clark hunt, good owner. >> anything else you want to talk about? >> your guy is a rich owner. >> which guy? >> the jets. >> johnson? >> yeah. >> broncos and wilson. i got that. take a look at the premarket here. we're going to dive into so many more numbers including danaher, lockheed, spotify. not all earnings stocks are up today. we'll watch xerox, sherwin williams, u
ceo of boeing? >> i floated the idea that greg hayes should be the ceo of boeing. i got laughter. >> from greg? >> yeah. greg does not want that job because greg is going out on a high, and i'm thinking who is going to take that job. >> i don't know why culp would leave $170 billion market value for boeing. >> he's not leaving. >> i've got to take a look. >> he doesn't play for comp. >> okay. >> mahomes didn't play for comp initially. he's...
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Apr 4, 2024
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you see the moves we are seeing in amazon and american express and microsoft and boeing. all up .50%. digging into the market action here with the semiconductors. that is one of the tea leaves in the market. leading indicator for the tech trade. the vaneck semiconductor is up 70% in the last year. we have seen the phase happening here. we will see if those moves in semiconductor is happening coming up. and the stresses in the credit markets here with the ishares etf. it is at the lower end of the trading so far. no signs of stress yet. so far, no real concern there. the other place to watch is momentum. gold prices at large. take a look at how parabolic the move is the past couple months. up $2,300 for gold. >>> sticking with the markets and the second quarter and tapping into the brightest minds to find opportunities with the best stock picks for the year and some under the radar plays. so far this week, we had victoria greene naming quantas services. malcolm ethridge picking amazon as the top play and fortinet as the under pick. and stephanie link naming vegas sands as
you see the moves we are seeing in amazon and american express and microsoft and boeing. all up .50%. digging into the market action here with the semiconductors. that is one of the tea leaves in the market. leading indicator for the tech trade. the vaneck semiconductor is up 70% in the last year. we have seen the phase happening here. we will see if those moves in semiconductor is happening coming up. and the stresses in the credit markets here with the ishares etf. it is at the lower end of...
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Apr 8, 2024
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boeing by a similar percentage amount on 15,000 shares. now, this is after anengine cover fell off a southwest airlines boeing 737,800 model plane on sunday during a takeoff from denver international airport. the federal aviation administration said that the plane was headed to houston and returned safely to the gate. southwest says it is investigating the aircraft and the faa has also opened its own investigation into the matter. so those shares in focus right now, down roughly a percent each. >>> a couple of notable analyst calls this morning, one helping to move shares of take-two interactive, just around 5,000 shares of svolume. behind block buster titles like grand theft auto to a buy raying to a neutral. t they think there's a compelling risk reward setup in the shares given expectation around the release of the newest grand theft auto 6 franchise as well as stabilization in its mobile gaming portfolio. >>> bj's wholesale, roughly 2,000 shares of volume. analysts at goldman have upgraded from a buy to a neutral. they raised the targe
boeing by a similar percentage amount on 15,000 shares. now, this is after anengine cover fell off a southwest airlines boeing 737,800 model plane on sunday during a takeoff from denver international airport. the federal aviation administration said that the plane was headed to houston and returned safely to the gate. southwest says it is investigating the aircraft and the faa has also opened its own investigation into the matter. so those shares in focus right now, down roughly a percent each....
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Apr 12, 2024
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. >> boe? >> we think maybe closer to where the fed is. june is less likely with the stronger data we have seen there. >> kiran from ubs. thank you very much for being here. >> thank you. >>> speaking of the ecb, we will switch gears. ecb kept rates on hold for the thing fifth straight meeting, but policymakers say cuts are on the way. they will look to ease policy if inflation is converging to the 2% price target. inflation across the eurozone has eased with the march print copp coming up in at 2%. speaking in frankfurt, the ecb's stournaras said it is rather moving by wages. >>> coming up on the show, ben bernancke's review comes out you later today. we will walk you through what to expect after this break. switch to shopify and sell smarter at every stage of your business. take full control of your brand with your own custom store. scale faster with tools that let you manage every sale from every channel. and sell more with the best converting checkout on the planet. a lot more. take your business to the next stage when you switch to sh
. >> boe? >> we think maybe closer to where the fed is. june is less likely with the stronger data we have seen there. >> kiran from ubs. thank you very much for being here. >> thank you. >>> speaking of the ecb, we will switch gears. ecb kept rates on hold for the thing fifth straight meeting, but policymakers say cuts are on the way. they will look to ease policy if inflation is converging to the 2% price target. inflation across the eurozone has eased with...
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Apr 29, 2024
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boeing, let's get out of this month and one of the worst month ever and boeing was near a two-year low just a couple of days ago and it's been trending upward recently? i mentioned caterpillar was 330 at the open on thursday. remember the gdp report and the inflation concerns 330? it hit 3.50 today and that's a big move for caterpillar in a short period and freeport-mcmoran was at the open, and near $52 this is one of the biggest copper and gold producers in the world. both of those had been doing really well as commodities recently and some of the big dow industrials are doing well we had rubric and this morning we had word that viking cruise lines which has the big ipo is supposed to happen this wednesday and they have upsized the term of the ipo here they'll be selling 53 million shares, 21 to 25 and that's 44 million shares and the bottom line we'll raise $1.2 billion with a single ipo and you saw rubrik got as high as 40 and trading down a little bit today, but bottom line here, jon, is we're doing really well on the ipo business we have over $4 billion in the last four weeks and
boeing, let's get out of this month and one of the worst month ever and boeing was near a two-year low just a couple of days ago and it's been trending upward recently? i mentioned caterpillar was 330 at the open on thursday. remember the gdp report and the inflation concerns 330? it hit 3.50 today and that's a big move for caterpillar in a short period and freeport-mcmoran was at the open, and near $52 this is one of the biggest copper and gold producers in the world. both of those had been...
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Apr 16, 2024
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we know what's going on with the boeing building fewer 737 maxes. that clearly has to impact united and then we know they were in the market for an air blast-- airbus replacement order because they will not be taking delivery of the max tends. don't forget united is expected to report a loss of $.57 so they are not expecting a profit here and tomorrow morning after the numbers this fternoon we will be talking with united ceo scott kirby. a lot to discuss beyond the numbers in terms of fleet plans, boeing, airbus. you don't want to miss that interview. >> we won't miss it and look forward to it. interactive brokers reporting by the way. >> the momentum for interactive brokers is expected to continue when we get that report out. account growth is a key thing to watch. trading activity will be reflected through something like daily active revenue trades, net interest income will be key as well. margin lending also a big one, piper sandler upping the price and saying any impact you may see from rate cuts that it could have on revenues has been overshado
we know what's going on with the boeing building fewer 737 maxes. that clearly has to impact united and then we know they were in the market for an air blast-- airbus replacement order because they will not be taking delivery of the max tends. don't forget united is expected to report a loss of $.57 so they are not expecting a profit here and tomorrow morning after the numbers this fternoon we will be talking with united ceo scott kirby. a lot to discuss beyond the numbers in terms of fleet...
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Apr 10, 2024
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i missed the 100 point move but boeing is still too early. >> it does go back. the reason i'm referring to, the conversation we had where you were talking about the pain and difficult things of boeing yet you hadn't chosen to sell the stock. >> you were right. i got out. i didn't make money but i got out. i have a company tonight, david, that is a little off the beaten track. it is a mushroom company. >> you got a mushroom company. >> a health care company. a little off the beaten track. >> mindmed. >> we're talking ha lewis najen eccs? >> yeah. not the kind from chatgpt. we can hallucinate chat. >> opening up new neural pathway. >> i thought it would be a nice diversion from the gloom and doom. >> you say you get to an age, a full trip, you have to have something guiding you. it can be beneficial. >> ket mien. >> maybe you and i will try that some time. not the ket a mean. get the mind guy -- >> you had a bad option today. if you don't know what you own, sell something. >> he's jim cramer you'll see him tonight on "mad money" as for us we'll stay on top of this
i missed the 100 point move but boeing is still too early. >> it does go back. the reason i'm referring to, the conversation we had where you were talking about the pain and difficult things of boeing yet you hadn't chosen to sell the stock. >> you were right. i got out. i didn't make money but i got out. i have a company tonight, david, that is a little off the beaten track. it is a mushroom company. >> you got a mushroom company. >> a health care company. a little off...
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Apr 9, 2024
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. >> we have another boeing whistleblower raising concerns about the dream liner aircraft, and moderna shares moving after trial results. that's up next. (♪♪) business can happen virtually anywhere. (♪♪) but there's nothing like being there. at national, you can skip the counter... and choose any car in the aisle... even manage your rental right from the app. so you can give some quality time to a quality cause. swing by to see one more customer... [audience cheering] and really get down to business. go national. go like a pro. the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. the all new godaddy airo. put your business online in minutes with the power of ai. >>> we are 15 out from the belle. let's get back for the stocks we are watching. >> reporter: they are jumping 6.5%, moderna, and the cancer vaccine in a positive response in an early stage trial in patients with a certain head and neck cancer. they are still roughly 31% off of their
. >> we have another boeing whistleblower raising concerns about the dream liner aircraft, and moderna shares moving after trial results. that's up next. (♪♪) business can happen virtually anywhere. (♪♪) but there's nothing like being there. at national, you can skip the counter... and choose any car in the aisle... even manage your rental right from the app. so you can give some quality time to a quality cause. swing by to see one more customer... [audience cheering] and really...
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Apr 25, 2024
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>> i told that to everybody i talked to at boeing. right now, it is more about their actions, not about what they say i'm confident over the long run they'll get their act together we have an order for max 10s those don't come until 2028. by that time, i'm confident. if they don't get it together, we'll make sure we're protected. we'll have the capacity to make sure that -- right now, one of the things we're doing this year is we have a fantastic regional operation that is funded by embry aircraft, that supplier has been incredibly reliable and i'm very proud of that fitting in very well with our network plans. >> the dot passed and announced new consumer protection rules yesterday. specifically regarding cash refunds. but the rules, some look at these rules and say, it is not entirely clear when somebody will get a refund or is entitled to a refund. how much will you have to modify your operations, day to day, as you incorporate these rules. >> well, our philosophy and our focus is on making sure we run the most reliable airline poss
>> i told that to everybody i talked to at boeing. right now, it is more about their actions, not about what they say i'm confident over the long run they'll get their act together we have an order for max 10s those don't come until 2028. by that time, i'm confident. if they don't get it together, we'll make sure we're protected. we'll have the capacity to make sure that -- right now, one of the things we're doing this year is we have a fantastic regional operation that is funded by embry...
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Apr 1, 2024
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finally, the worst performer in the dow, and that's boeing. and everybody on earth knows this thing is dog. [ barking ] because it gets so much well earned bad publicity. we know boeing needs to use a lot of its cash to buy spirit air systems to get control of the fuselage. that whole gamut to off-load the parts of the plane did not include quality control. only by acquiring spirit can this company assuage the angry regulators who haven't been appeased even with david calhoun. i believe they'll insist boeing bring in someone from the outside. hard to blame them. and when they do, then you'll have a serious resumption of aircraft sales. but it won't be at the record pace that i'd been hoping for, which means this might be a long-term renter on the poorly performing list. bottom line, though, the worst performers in the dow includes stocks that have both hair and flies on them in a market that demands a pristine story. and there is nothing pristine about this list. do not kid yourself. let's go to rich in nebraska. rich? >> caller: mr. cramer, g
finally, the worst performer in the dow, and that's boeing. and everybody on earth knows this thing is dog. [ barking ] because it gets so much well earned bad publicity. we know boeing needs to use a lot of its cash to buy spirit air systems to get control of the fuselage. that whole gamut to off-load the parts of the plane did not include quality control. only by acquiring spirit can this company assuage the angry regulators who haven't been appeased even with david calhoun. i believe they'll...
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Apr 23, 2024
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in the meantime, tomorrow, it feels like boeing will be the main story. a lot of the anticipation has been built in the we will see what they have built-in with orders and production. in the meantime, we are trying to break a midday selloff. >>> welcome to the halftime report. a bounce back with stocks 72 hours ahead. key inflation is looming in the markets. we checked the markets where this bounce back continues. you have stable yields, dipping to 458. let's assess where we are. it was rocky last week. we are getting a little bit back over the last couple of days. >> we had a big week. 30% of the earnings this week. you mentioned tech names. it is going to be pivotable for this market. we have to get through the inflation number on friday. for what i am hearing, a lot of people have bared up for this number. we are near 2%. i think it is going to come in line. that is a new reflection for pce. cpi is a big part of the shelter. i think if we get the in-line number on friday we will have solid earnings. maybe we can see a bounce. we are oversold for sure.
in the meantime, tomorrow, it feels like boeing will be the main story. a lot of the anticipation has been built in the we will see what they have built-in with orders and production. in the meantime, we are trying to break a midday selloff. >>> welcome to the halftime report. a bounce back with stocks 72 hours ahead. key inflation is looming in the markets. we checked the markets where this bounce back continues. you have stable yields, dipping to 458. let's assess where we are. it...
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Apr 29, 2024
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boeing providing $28,000 a year for scholarships the university paper aresident d in response to the issues. >>> officials in china removed restrictions on tesla cars after the vehicles passed the data security requirements. just this morning, the wall street journal is reports that chinese officials tentatively approved the plan to launch the self-driving features in the country. it will deploy based on the mapping by baidu elon musk had a series of meetings during a surprise visit that lasted less than 24 hours elon musk's time is valuable he can do things quickly when you start hearing of things he gets wrapped up in with depositions, imagine what happens in a seven-hour deposition tesla shares on this news are up 7.5% >>> now to talks at paramount global sources tell cnbc the company board is preparing to fire bob bakish as soon as this morning and paramount reports today. bakish will not be on that call. i don't know what it says about the results. the company is in talks exclusively with skydance media. that window lasts until this friday the spokesperson for paramount declined
boeing providing $28,000 a year for scholarships the university paper aresident d in response to the issues. >>> officials in china removed restrictions on tesla cars after the vehicles passed the data security requirements. just this morning, the wall street journal is reports that chinese officials tentatively approved the plan to launch the self-driving features in the country. it will deploy based on the mapping by baidu elon musk had a series of meetings during a surprise visit...
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Apr 2, 2024
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would you ever have any interest in being the ceo of boeing? >> our relationship with boeing is an incredibly important one, has been for decades. we are in many instances the sole provider of engines under wing on their single and wide body platforms. i think all of us at ge aerospace will do all we can to support boeing in a difficult hour. we're optimistic about that going forward. >> i'm curious as to why you're optimistic and what you think particularly from your vantage point, someone who is an expert on execution within the industrial complex, so to speak. >> well, i think dave and the entire leadership team has articulated what they need to do with safety and quality at the top of the agenda. that's not something anyone does overnight. we certainly didn't at ge. i think they're oven that path. where we can help today, where we can help as we think about future platforms, we're investing today, david, on the technologies that will not come to market until 2035, 2040. so to scott's earlier comment, we're going to play the short game with
would you ever have any interest in being the ceo of boeing? >> our relationship with boeing is an incredibly important one, has been for decades. we are in many instances the sole provider of engines under wing on their single and wide body platforms. i think all of us at ge aerospace will do all we can to support boeing in a difficult hour. we're optimistic about that going forward. >> i'm curious as to why you're optimistic and what you think particularly from your vantage point,...
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Apr 2, 2024
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even boeing's new plane deliveries get. at the end of the day, the world is desperate for commercial aircraft and ge makes the best engines. has already been such an amazing performer over the past 15 months. some of the upside from this breakup might've already been captured in ge's monster rally. stocks tend to be volatile after a breakup. there is no need to buy ge burnable or ge aerospace. immediately if you do not own them already. let's wait and see. the bottom line, both the new ge aerospace and burn of our worth owning going forward. as long as you are about building a position. take your time, do not buy all at once. weight for april bockin on what you truly bounce will be on two long-term winners. i am giving my okay to do some buying. "mad money" is back after the break. >>> coming up, hit us with your best shot. an electrified best buy writing lightning round is next. hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact make
even boeing's new plane deliveries get. at the end of the day, the world is desperate for commercial aircraft and ge makes the best engines. has already been such an amazing performer over the past 15 months. some of the upside from this breakup might've already been captured in ge's monster rally. stocks tend to be volatile after a breakup. there is no need to buy ge burnable or ge aerospace. immediately if you do not own them already. let's wait and see. the bottom line, both the new ge...
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Apr 19, 2024
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starting with the controversy, it's not me, as above me, boeing, how few planes can they produce, this negative, maybe they have to buy spirit air systems to control the fuselage. give us a plan of succession, i can't be business as usual, that won't cut it. we do have the investing club meeting at noon on wednesday, after judy here and join the club, the monthly meeting is worth the price of admission. working on it this weekend. after the close we hear from tech, meta-platforms and it being a quarter, a death sentence, and earnings in forecast, and a lot of levers to push, and much lower basis. please wait, and grading the stock, and tech might be oversold for the time we get there. and service now, and they will deliver, deliveryman, and non- consequential, putting up great numbers because is clients trust him to install generative ai platforms and show them, and immediately, they will see the good numbers, integrated robots, and the best menu, and own the stores, it's not a franchise model, the stores are going up in average unit volume, making it thursday. continuing the run throu
starting with the controversy, it's not me, as above me, boeing, how few planes can they produce, this negative, maybe they have to buy spirit air systems to control the fuselage. give us a plan of succession, i can't be business as usual, that won't cut it. we do have the investing club meeting at noon on wednesday, after judy here and join the club, the monthly meeting is worth the price of admission. working on it this weekend. after the close we hear from tech, meta-platforms and it being a...
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Apr 8, 2024
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. >>> more trouble for boeing as it deals with another incident involving a plane. >>> investors piling into stocks in the first quarter, but moves by high profile executives are looking to cash in. it's monday, april 8th, 2024. you are watching "worldwide exchange" here on cnbc. >>> good morning. welcome to "worldwide exchange." we are coming to you live from cnbc london. thank you for being here with us. let's check the u.s. stock futures and look at the futures on the back of the blowout jobs report. we are seeing futures looking like they will get off to a down start this week. it looks like the dow would open up 35 points lower. the s&p and nasdaq in the red as well. looking back at last week, we saw the markets in the red. dow leading losses down 1.5%. the bond market is revealing the two-year and ten-year hitting the lowest level since last november. we will look at the numbers throughout the show. and then there is oil which is up 4% last week. looking at wti right now which is down .75%. brent crude is trading $90.50 a barrel. >>> let's see how europe is shaping up as the tradi
. >>> more trouble for boeing as it deals with another incident involving a plane. >>> investors piling into stocks in the first quarter, but moves by high profile executives are looking to cash in. it's monday, april 8th, 2024. you are watching "worldwide exchange" here on cnbc. >>> good morning. welcome to "worldwide exchange." we are coming to you live from cnbc london. thank you for being here with us. let's check the u.s. stock futures and...
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Apr 25, 2024
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morning when we talk to him about being stuck in the situation with regards to that. >> we support boeing taking the time to fix issues and become a better company because that is good for southwest airlines in the country long-term. there is no doubt this is a significant issue replanning and adjusting schedules and we are significantly down from our originally planned delivery. >> by the way not all of the issues at southwest are related to the problems of getting more max planes and they need to generate more revenue. to that end bob jordan told us this morning that they are studying and will likely implement changes in terms of how they interact with their customers and what they can expect on a southwest flight. most notably, don't be surprised if you see a change in the one seat for the entire playing and approach they have used from the beginning and is that mean we see a business class or not allow people to pay extra to pick specific seats? all possibilities. bob jordan will likely announce something later this year as they look at new ways to generate greater revenue. we do know
morning when we talk to him about being stuck in the situation with regards to that. >> we support boeing taking the time to fix issues and become a better company because that is good for southwest airlines in the country long-term. there is no doubt this is a significant issue replanning and adjusting schedules and we are significantly down from our originally planned delivery. >> by the way not all of the issues at southwest are related to the problems of getting more max planes...
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Apr 5, 2024
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it's been a difficult challenge for boeing. as we mentioned, calhoun not running for re-election on the board of caterpillar. gains holding here at the open. s&p is up about 21. dow is up almost 80. watch bonds as well. not so much data today after the jobs number, but plenty of fed speak yet again. collins already on the tape, barkin, logan and bowman. >> they're paid by the word. these people must be paid by the word. >> before we get to the end of the day. ten-year off the morning highs. we'll be right back. ♪ ♪ engineered to minimize noise. and built for adventure. which can also be your own quiet cabin in the woods. the fully electric q8 e-tron. an electric vehicle that recharges you. how we get there matters. >>> joining us outside the white house today is national economic council director lael brainard. director brainard, great to have you back. good morning. >> good morning. >> we've covered the headline number quite a bit, but i have to imagine you're happy, not just with the annual age growth, near a three-year l
it's been a difficult challenge for boeing. as we mentioned, calhoun not running for re-election on the board of caterpillar. gains holding here at the open. s&p is up about 21. dow is up almost 80. watch bonds as well. not so much data today after the jobs number, but plenty of fed speak yet again. collins already on the tape, barkin, logan and bowman. >> they're paid by the word. these people must be paid by the word. >> before we get to the end of the day. ten-year off the...
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Apr 17, 2024
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traders now cutting their boe rate cut bets now pricing in at 34 basis cuts by december. >>> bank of england governor andrew bailey says the uk economy is disinflating at full employment, but he stressed falling inflation is working its way through. speaking of imf, bailey also addressed possible policy diversions between the bank of england and the u.s. fed. >> i think it's rather different between europe geographically now and the u.s. i think there's more demand-laden pressure that i think we're seeing. i think the inflation dynamics are different. we're still seeing an extension of the process coming out of the big supply shocks that we had, the impact of the war, the impact of coming out of covid. >>> with the latest comments from the fed, the boe, and now we look at our fed. christine lagarde said the ecb will cut rates soon barring surprises. it's steadily moving toward its target, adding that officials just need to build a bit more confidence before cutting rates. sara eisen asked the ecb president as well whether three rate cut this year is a reasonable expectation. >> i wou
traders now cutting their boe rate cut bets now pricing in at 34 basis cuts by december. >>> bank of england governor andrew bailey says the uk economy is disinflating at full employment, but he stressed falling inflation is working its way through. speaking of imf, bailey also addressed possible policy diversions between the bank of england and the u.s. fed. >> i think it's rather different between europe geographically now and the u.s. i think there's more demand-laden pressure...