diageo pulling that index lower.er production update for the first half of the year. the cac 40 is up 0.1%. the dax in germany with a modest gain of 0.2%. the gdp for that economy was a disappointment. down 0.1% in the second quarter. versus expectations of modest growth of 0.1%. i want to show you the sectors one by one. i mentioned it there. basic resources under performing. that is the glencore effect. food and beverages is the diageo effect. performing out of the u.s. this week and four of the mag seven reporting this week. real estate is also doing a little bit better. i want to come back to the mining story. a lot of concerns, obviously, around the china story here. a lot of disappointment when it comes to the economic data. glencore with the production update is falling on the back of the numbers off 3%. some of the other stocks are down in sympathy. let's get back to the other earnings from the chemical sector. covestro lowered the end of the profit target citing a challenging economic environment. the german

we got numbers from the likes of diageo, the drinks maker, suffering from the slowdown in the americanrade and that is impacting that market. glencore is lower after the first half production update. back over to you. >> carolin, thank you very much. carolin roth in the london newsroom. >>> time to get a check of the stories this morningwith silvana henao. silvana, good morning. >> good morning, frank. phil lebeau is reporting that delta airlines is hiring david boies to sue over potential damages from crowdstrike after the global i.t. outage this month that led to thousands of flight cancellations costing the airline an estimated $350 million $500 million. delta is currently dealing with more than 176,000 refund or reimbursement requests from the nearly 7,000 canceled flights. >>> and andrew left pleading not guilty over financial fraud. left making his first appearance in the los angeles federal courthouse yesterday since being charged last week by the justice department. the judge calling left a flight risk and imposed a $4 million bond. if convicted, he could face decades behind ba

. >>> and shares of diageo with the sales decline since the start of the pandemic. it declined 0.6% that ended on june 30th with the weakness in latin america and the caribbean. diageo said poor performance would weigh on the profits in latin america. the stock off now by 8%. the guinness sales growth helped drive the confidence in amenort america and europe. >>> and the a.i. models for apple were pre-trained on processors designed by google. this is the sign the big tech companies are looking for alternatives to nvidia when it comes to training cutting edge a.i. apple's choice of processor was detailed in a paper revealed yesterday with the apple intelligence devices. among the features is a new version of siri with the ability to understand commands when the speaker stumbles over their words. this will be helpful for us at the table. jo joe, you are a siri user. >> i'm not because of that. >> better search and movie feature creations and summaries and voicemail. some features were not in the preview version, but apple saying it will be rolled out over the next yea

. >> it's been a brutal run for diageo.ould actually start buying some tomorrow. >> lori, great to you have here tonight. >> buy the u.s. when trump is beating biden, u.s. is beating europe. >> guy? >> spirits in the can, hey, mel? >> in a can, not the can. >> oh, a can. paas. >> thank you for watching "fast." see you see you back here tomorw for more "fast" and 5:00. "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. hallelujah! other people make friends, i'm just trying to make you a little money. my job is not just to entertain, but to educate and teach. call me 1-800-743-cnbc. tweet me @jimcramer. have i some tough news for everyone who is soyfk

>> i feel like we should talk about diageo later in the show. 16 1/2 times, cheap to itself, and it'sal. >> karen? >> merck. i am long and want to add, but i got to wait. don't buy it yet. three days at least. >> dan? >> yeah, i remain a seller of igv. by the way, guy, you are so brat. >> what? >> it's going to blow his mind that that's what you are. >> wash your laundry in cold wetw water. met fans, i'm sorry. i think you buy pinterest here. >> thank you for watching "fast." we'll see you back here tomorrow at 5:00. "mad money" withimrar ar rhtow.j cme >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always a market somewhere. i will help you find it. mad money starts now. >> hey, i am cramer. i'm just trying to make you a little money. i want to explain crazy days like today. this market has become a

on the others, diageo is tumbling, 6.7% drop.first annual sales declined since the pandemic. diageo said that customers have chosen cheaper options like latin america and they still have a stockpile of spirits from the covid boom. tesla is recalling 1.85 million vehicles over the risk of software failures and detecting an unlatched hood that could fully open, obstructing the driver's view and raising the risk of a crash. the national highway traffic safety administration says that tesla has released an over the air software update to fix the issue. the impacted cars include certain model 3, s and x vehicles made between 2021-2024 and model y starting in 2020. jonathan: yeah, that is a problem. it's critical that you can fix it over the air, though. lisa: they just program it not to fly in your face? jonathan: more on that story later, may be next, the fed's balancing act. >> the risk, rightfully so, the fed has been pointing to this, the fed speak has been pointing to this, the labor market is becoming more of the issue. they are

. >> we got a couple of minutes before we get to -- >> want to talk diageo? can we get deo?t is shocking. if you were clueless and knew nothing. if you've been following the liquor business, you know it is in maybe a decline that could be the largest in history. and that's because the gop desk ones, they raised price and because there is a whole generation of younger people who do not want to hurt their bodies. and there is cannabis. now, let me just give you a fact. they have casa migos, the high end tequila and they celadon ho sell don julio. their blanco casa migos is for one liter is down to $33.56. it is on special right now. >> that's a good price. >> what? >> that's a good price. >> they have too much inventory. go to that and you can see -- >> do i have to go there physically? >> you can go on the website and see they have got a discount right now, it is almost in half. so people who want that casa migos, go to the pennsylvania liquor control board and order from there. the don julio is 16 bucks. this is a once in a lifetime definition of how they raise the price for