siemens energy shares are under pressure today. what extent that is investors taking the view that this german government may be deprioritizing green energy. what is your take? what is the future of the energy situation look like? if we do get this two party coalition? >> well. >> i mean, first of all, germany does need a long term energy agenda. they haven't had that for a while. it was going back and forth and back and forth. a lot of good talks, but very little action. so i did see the slump in the in the shares this morning north of 300% in the last 52 weeks. so if people are taking profit now and wait and see how things, you know, be straightened out in germany, i wouldn't be too concerned. i think i think merits should he become chancellor, together with the social democrats, as i said, which is still a quite an uphill battle. i would have rather seen the green party because they are much more liberal in the, in the, the whole matter of social welfare and all that kind of stuff. so i think america needs an agenda 2030, a long

back to the earnings, earnings dropping from siemens energy, first quarters coming in, the estimate was for 12.9 9 billion euros so a beat there. first quarter revenue eight point nine 4 billion euros, 8.5 4 billion euros ended still sees comparable sales up 8% to 10%. those are the earnings given the backdrop that the shares have nearly quadrupled in the past year as the boom in the boom in ai has driven orders for circuit breakers and transformers to really service new data centers. at the same time they have had progress resolving issues with their wind turbine units so we will dig into that more later in the program. let's get back to the macro story. fed chair powell going to give a second day of testimony today, already telling congress the central bank doesn't need to rush to adjust interest rates, saying officials will be patient before using further. >> without policy stance significantly less restricted, restrictive than it had been and the economy strong, we do not need to be in a hurry to adjust our policy stance. we know reducing policy restraint too fast or too much could

. >> this morning, siemens energy saw a record order. >> book in the. >> first. >> quarter amid strongand for its energy equipment. >> the company. >> posted a net profit of ■k7252 million. >> that's almost double expectations. abn amro has posted a 27% drop in fourth quarter profit that represented. >> a modest. >> beat and was supported by rising fees. >> for the year ahead. the dutch bank says it expects net interest. >> income to fall as much as $300. >> million. >> and ahold. delhaize posted. weaker than expected net. >> profit of ■k7380. >> million. >> in the fourth quarter. >> sales for the period came in marginally ahead of. analysts expectations, with the. company saying it has seen volumes recover. >> in the us. >> that stock. >> though down more. >> than 5%. >> this morning here in the uk, barrett redrow has surged. >> to the top of the ftse. >> after announcing. >> it expects annual. earnings to come in toward the top. >> end. >> of its forecast amid solid. bookings this year. the british home. builder builder announced a 100 million. >> pound. >> buyback, with ceo david th

you've had siemens energy. had some sort of ai themes and defense themes and a stock specific level. >> and i. >> think you're right, as we. look forward to sunday and this very important german election, there's some hopes that, you know, maybe whatever administration comes in next could relax the debt brake, could relax some of the fiscal policy and could enable some stimulus for europe, which, of course, is what the us has been doing very aggressively in the last couple of years. so that and i think we should combine that theme with defense. right. because that could be. >> one of. >> the ways that europe decides to actually spend some more money or needs to spend more money. and that could be how we get around some of these rules and regulations. >> it does feel like the market is priced for effectively a perfect outcome when it comes to the german election, that we are going to get a much more business friendly coalition headed by merits. but if we've learned anything over the last several years, it's that

on the downside the laggards in germany we've got siemens energy down more than 5% this morning. it seems to be less about the german election result and more about reports that microsoft is canceling leases for ai data centers. so one to watch from a single stock perspective. but overall, frank, european equities doing pretty well this morning. >> all right juliana thank you very much. we turn our attention now to singapore and our jp ong with a look at the trade in asia. jp. >> yeah. >> frank, it was a day of setbacks. >> for asian stocks for the most part. >> a number of reasons. of course we. >> took note. >> of that overnight. sort of fall. >> or decline actually for wall. >> street on friday. and also. >> ongoing trade uncertainties keeping. investment and investor sentiment in check, but. >> also very sluggish, as you. >> can see here with japanese markets were offline today because. >> it's the emperor's birthday. >> apparently nobody touches that out in tokyo. but we did see stocks from seoul to shanghai actually fall back. now, it was more interesting for chinese market