. >>> and ericsson shares pull back after a warning of the further market decline out of china as itaunches a full-year loss of 25 billion swedish krona. it is zeroing in on another growth driver. >> we are seeing new innovation on top of the 5g network with new use cases coming up and data consumption growing very fast. india will continue to be a very important market for us. >>> and china's gaming regulator removes proposals aimed at curbing spending at the web site and reporting chinese authorities are mulling a 1 trillion rescue package acsendi hong kong sharply higher. >>> welcome to the show, everybody. it is good to see you. of course, as we look at the equity trading session here in europe, worth keeping in mind that equities have been trading for an hour so far. this is the picture. you see the stoxx 600 is currently trading lower by .20%. this is actually despite the different picture on monday where we saw the main index up .70%. there was a lot of positive momentum yesterday as you can tell on the european equities. that is not translating into today's session. perhaps w

. >> all of that is still likely to be affected in the earnings from ericsson and nokia later this weekiers are still putting off investing into 5g. interestingly going forward this year, we are going to see a bit more of a divergence between those two key players. erickson reporting on tuesday it is expected to post an adjusted 20% lower. these are looking upbeat in the midterm. it recently secured a contract with the u.s. carrier at&t worth around $40 million. that will really go somewhere -- some way to easy investor confidence. nokia, things are looking a little bit different. it lost out on the key contract in investment where -- in a space where investment is so scarce. it will miss it for your expectations. it already cut its long-term probability outlook in december now, it has a lot of work to do to regain some confidence. the only way for her to do that was to keep investors on site was to start delivering some of those ambitious cost cuts. quest this is something that telecom has always had their work cut out for them. to see them desperate for that one contract, it could be

they will be reviewing that recommendation from the retired judge who himself is a republican clark ericssonhe told the board that they should dismiss this challenge against trump, because based off of his understanding of illinois state law, the board does not actually have the legal authority to undertake a complex constitutional analysis of the 14th amendment. and its implications. but he went on to say, that if the board does believe it has that power, that they should go all the way and remove trump from the ballot. he said, based off of the evidence at that hearing, that trump engaged in the insurrection and should be removed. it might be up to the board or the courts. sara. >> we know that retired judge said he did believe he was involved in insurrection, but believed he should be kept on the ballot. thank you, marshall cohen for your reporting on this issue. john. >>> what about other legal cases facing donald trump, cases that we reasonably thought we might have rules on by now? with me now is cnn legal analyst jennifer rogers, counselor, great to see you here. the first one, the fe

. >>> and ericsson is warning of a slump and drop in earnings. >>> and a new survey shows the unhappy1$1.9 trillion in loss produ productivity. >>> here is what to watch today, a busy day of earnings with results from netflix and 3m and general electric and johnson & johnson and p&g. it is presidential primary day in new hampshire as voters decide between former president trump and former governor nikki haley as the republican nominee. >>> the latest wave of earnings with the dow and s&p hitting fresh records as we are looking at the pre-market numbers. the dow is higher right now. let's bring in kevin simpson from capital management. >> good morning, frank. >> the futures are mixed right now. what do you make of that? >> we're still reviewing the rally that we saw begin in late october and november and december and now here in january. it is great to see it. it is a result of the fed pivot off the rate hiking policy. we are ahead of the skis right now. it will be up to the economic data to determine whether this market will be able to push higher. >> we will talk about earnings and e

>> well, people in the industry understand that, for example, companies like ericsson or no kia are major providers of network services and they do it in a way that we consider to be far more trustworthy than the chinese providers. >> okay. what steps are you taking to improve the coordination of the spectrum? >> we are doing a huge amount. i think coordination is critical . i know sometimes it can sound a little boring but it is really important to make sure that all the federal agencies are working together and make sure we are being efficient. we have working groups that get together regularly. we work with the private sectora to ensure we know what their needs are going to be. the national strategy itself is a product of the coordination. we have the mou with the fcc that has been very powerful. the strategy is really about forcing us to make sure that we continue that ordination. >> you know how that goes. with that i yield back. >> thank you. the chair would like to mention that we have several members on the subcommittee. we will go through all of the members that are currently on

>> people in the industry understand for example companies like ericsson, nokia, are major providers of network services and they do it in a way that's far more trustworthy than the chinese providers. like what steps are taken to improve the coordination of management of federal spectrum? >> we are doing a huge amount. [laughter] and i think coordination is critical. sometimes it can sound a little boring but it's really, really important to make sure all the federal agencies are working together we have processes in place to make sure we are being efficient as were just discussing. we have working groups to get together regularly. we have working groups with the private sector to ensure overhang from the private sector about what their needs are going to be. the national spectrum itself as a product of mechanism mou with fcc that's very powerful. the spectrum was strategy together to make sure we keep that coordination. >> you know how that goes, more agencies the longer it takes. but that i yield back survey. >> thank you the gentle lady yields back the chair wants to mention we ha

ericsson will have the numbers come out as well as tesla. of course, deliveries are significant to them and asml has numbers on wednesday. we will see results from lvmh on thursday. with visa and american express offering key insights into the u.s. consumer releases data on thursday and friday. we will see continued results from the u.s. consumer. check out our u.s. earnings playbook which is available now on the subscription service cnbc pro. >>> on line gaming firm has received a takeover bid from french lottery maker. the kindred group received 150 swedish crowns per share. >>> sandoz is set to buy cimerli in a deal worth $170 million. the drug is interchangeable with the product marketed by roche. it is expected to close in the first half of the year. >>> credit agriculture has disclosed a 7% equity stake in payment services provider worldline. the bank said the move is part of the wider plan to become a major player in commercial payments. credit agricole is moving up 2% so far this morning since the market opened in europe. >>> thousan

nokia is important to keep in mind that earlier this week, we heard from ericsson and they both are strugglingith the america market >>> let's turn to wizz air a more than 16% revenue jump for 2023 coming in it over $1 billion euro the airline posted an operating loss for the period amid headwinds from the geopolitical situation in the middle east cnbc spoke to the ceo earlier this morning and asked them whether recent controversy impacted them. >> we don't fly boeing we take significant interest in the industry i think the system needs to be enhanced i also think manufacturers will step up, too >> do you fear airbus has similar control issues over the quality of its products that boeing has >> we feel comfortable with the airbus planes. i think they need to step up in light of what is happening in the industry i'm not concerned. >>> i want to tell you about the story with politics and the corporate world. giorgia meloni blasted stellantis for the push to more production to low-cost countries. the country owns fiat and alfa and flags it is moving to morocco for ev makers. >>> and french farmer

we know that their competitor earlier this week, ericsson, saying they are seeing some weakness from clients outside of china. full year for nokia adjusted operating profit of 2.3 billion to 2.9 billion, the adjusted operating profit for the fourth quarter coming in as a beat for nokia. above the estimates -- sales by the way coming in below the estimates, but again, it is the operating profit and be adjusted operating profit for the quarter that comes in as a beat for nokia. let's check on the broader markets after a fifth straight day of gains for the s&p. driven by netflix and some big tech players within that segment. european feeders pointing to a loss of 0.1%, after gains yesterday, led by the likes of asml and s.a.p., listed in germany. it was a tech-led gains we saw across europe yesterday. we are waiting when it comes to the u.s. for a slew of data, particularly the gdp print later today. when it comes to macro policy, it is the ecb that is firmly in focus. let's look at the cross assets board. one asset to keep an eye on is the oil price, given the continuing geopolitical w

stephen hayes, director of standards at ericsson north america. kenneth chu, unit chief cyber division at the fbi. last but not least, scott deutsch been, senior policy advisor government affairs and public policy at google. thank you for joining us. we look forward to the discussion this morning. >> thank you. for the first question, we will direct this at brian scott, who i believe is virtual on-screen and snake, i see you both up there on the screen as well as showing here. can you provide insights into the biggest cyber security threats to the communication sector how these attacks might be carried out? >> sure. thanks for this event today and for allowing me to participate. a few things, as we look at the threats today that are pervasive against all of our critical infrastructure, ransomware continues to be ongoing threat for all sectors. software supply chain, malware, such as what occurred during the 2020 software supply chain attack where into the software build process of the orion platform. another key threat. some of the other key threa

the director of standards at ericsson north america. thank you. unit chief cyber division at the f.b.i.. last but not least, senior policy advisor government affairs and public policy at google. thank you all for joining us. we look forward to the discussion this morning. michael, back over to you. >> thanks. for the first question, we will direct this at bryan scott, who i believe is virtual on-screen, and i see you both up there on the screen, as well as to sean here. can you provide insights into the biggest cyber security threats to the communications sector and how these attacks might be carried out? >> sure. thanks for this event today and for allowing me to participate. a few things. you know, as we look at the threats today that are pervasive against all the critical infrastructure, ransomware continues to be an ongoing threat to all sectors. a few other things, software supply chain, malware such as what occurred during the 2020 solar winds software supply chain where russia orchestrated the injection of malware into software of the orion

. >> officer denny was soon joined by corporal ericsson plea.e found that friend, the girl who had seed kaylee dancing at the bar. the one who texted cam, better come get her. >> a little after midnight, kaylee sent a text message to her friend, i'm home, everything is okay. i am sorry about earlier tonight. and then her friend tried to call her just before 1 am, and kaylee didn't answer the phone. >> did there seem to be any chance that she wouldn't got back to that guy she had met at the bachelorette party? >> initially, i thought maybe there is a chance. >> did you talk to him? >> i called him on the telephone. didn't get kaylee's phone number. didn't give her his phone number. it was just kind of, hanging out that night, that was the last he knew or saw of her. >> and that seemed to make sense to you? >> it did. >> so, nothing to disprove anything cam had told them. >> what was your take on cameron's story of what happened? it didn't make sense? >> the story made sense, it made absolute sense. >> officer denny took julie side to address conc

. >> i thought it was interesting the cto of ericsson told davos forum that half of the company has gonehrough basic ai training, some 5,000 company employees have had extensive ai upscaling. >> what is ai training and can get some because i honestly have no idea. i actually sat in on -- or i listened in to a fireside chat with gary gensler of the sec where it was all about ai and regulating the financial markets, and he believes that it's a net positive to society he thinks it's going to be a net positive but said there were these nodes in the financial system where regulators don't see and don't have access to and that's his main concern with regard to being able to fully regulate this based on the way that current system is functioning. those nodes, he didn't go into detail about what the nodes were, but they're out of his pursue and regulators' purview and that's his main concern. >> let's talk about this our next guest has been vocal about the impacts of ai, generative ai, a long-time investor in technology overall, roger mcnamee joins us i assume you heard altman's comments i would