and adidas stock disappoints after the sportswear giant guides towards slightly lower sales this year, having offloaded the last of its yeezy inventory in the fourth quarter. very good morning to you. welcome to the program. we got some massive news out of. germany last night. news that, to many, has changed the game for. >> germany and. >> potentially for europe. german chancellor in waiting friedrich merit struck a deal with his expected coalition partner, the social democratic party, to create a ■k7500 billin infrastructure fund and reform to the country's debt brake rules. the bill will be presented to parliament next week. now this is critical news at a critical time. friedrich merit was working against the clock to get agreement in place while the old parliament was still sitting. the old parliament, which is which consists of the mainstream parties where he can get support for this deal. that is the expectation. this is being seen as a bazooka by the market. you can see here the xetra dax up 2.5% in early trade, the euro trading up by about 7/10 of a percent versus the dollar.

redhead crossing the terminal in the last couple of minutes from adidas docking of germany, this is a in terms of its operating profit forecast for 2020 five. expectations from adidas they will be racking in between 1.7 billion and 1.8 billion euros in terms of operating profit for 2025, that is below estimates of above 2 billion euros. in terms of the fourth quarter, the gross margin came in above the year on year, 49%, close to 50% was a gross margin in the fourth quarter. operating profit in the fourth quarter came in at 57 million euros versus a loss of 377 million euros year on year. so the progress has been there for this dog, currently up around 28% in the last 12 months. unchanged year to date though there would be disappointment you would expect from investors at the operating profit target for 2025 is coming below the estimates. let's turn to another german company, the chemicals and agate space 2025 adjusting 9.5 billion euros to 10 billion euros at the top end of the great, that is above the estimates at the top end of 9.5 3 billion euros. this stock up 21% year to date. f

adidas and i will make you an honorary membe of team mahomes. one clutch putt. way to go, blake. >>> our first low to a relatable moment for any parent of a young athlete who knows all too well the smell of a postgame uniform. on thursday nba icon steph curry went bananas scoring 56 points in the warriors' win over the orlando magic. steph's mom was at the game in florida, and her son tossed his jersey to her on the way to the locker room. mom clearly touched by the gesture -- that is, until she caught a whiff of her son's number 30. the familiar bouquet of scents after a long, hard-fought game. all of us down here in the postgame family laundry rooms feel you, mom. >>> our next high goes to an irresistible tiktok trend that is making millions of people smile this week. it is babies experiencing for the first time the majesty of hibachi cooking. imagine sitting in your booster seat or high chair and the dinner table is on fire. i mean, it is pretty shocking when you think about it and spectacular. this video is approaching 150 million views as t

so is adidas. it's a new foot locker. asics likes it new balance, but people were way too gloomy to even note the same store sales improvement this morning. that's nonsense. i think it's a genuine winner. i could go on. and yes, despite all these positives, the stock only gained $0.89. because things are being valued incorrectly, here's the bottom line. this market is fiercely trying to revalue stocks because of the president's comments. and we do it day after day after day because he's always making so much news. so it's been doing a poor job. and that's created a ton of opportunities for you to both buy and sell. and i say you take them right away. joe in indiana. joe. >> hi, jim. thanks to you and your crew there, the greatest. and thanks for everything you have done for me. >> are you still high. >> on ge voronova? >> yes i am, i'm high on voronova. i'm high on ge aerospace. and if that dog ge healthcare would stop giving up the gains that it has, we own that for the trust. i'd be higher on that one too. i want to go