but now we have some evidence that the tide is turning these stocks are clean bobba, baidu, all tradingess than 15 times earnings and growing eps at better than 20% so this is pretty remarkable the problem is of course that some people will find it difficult to clhase a 50% rally and also in the equity markets on a global basis we still have the concern that we might just be bouncing here in a larger down trend so i think the way we want to trade this, i was looking out to august for an money in the money call spread and the rational is that you could lower the break even on the upside and also you could lower the decay. why do we want to lower the decay. because options on the k web etf are quite expensive as a function of all of the volatility the 30, 40 call spread was about 3.5 bucks in the money and you could lay out a little over $4 to purchase it so here is the way to think about this essentially you have very equity like exposure in here. we are going to have upside exposure up to that higher $40 trike if it drops below the lower 30 strikes which is in the money that and of cour

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jd and baidu and others. have buying opportunities in your mind or do you have to be cautious with the down side over the last year >> certainly from the valuation perspective, alibaba and baidu and others like tencent and meituan are one or two standard deviations below the five-year valuation level. there is still good opportunity and i think something you pointed out, dom, we had significant out performance. it has been a terrible week for u.s. equities and europe equities and asian you have kweb looking to end the week up 10% this week. you are talking about a 15% performance this week alone versus the s&p 500 the investors need to be aware and take advantage of the performance we're seeing within the space. >> the out performance we know there is a segment of traders who chase that bre brendan, what do you see with fund flows are investors putting money to work in funds like you'rs >> dom, kweb is now over $76 billion. we see investors allocate to kwk kweb inflows have been strong i will knock on wood. >

wabo up about 6%, baidu up 9% for the month of june. this does follow months and months of extreme losses for all of these names for alibaba it's the first positive month in four and credit suisse telling investors that the company's valuation and profitability picture is a reason to own own the stock. however, it's trading at a current price to earnings ratio of around 32 times, which is more expensive than recent months but still cheaper than levels it was trading at before the pandemic, something to keep in mind, kelly. >> well, and as strong as china's been, latin america, which was supposed to be a big beneficiary from higher commodity prices maybe not surprisingly as commodities have reset. >> after being the best performing market this year, brazil, real estate brazil is down about 20% in the past month. it comes as oil prices retreat, and also the growing uncertainty whether the u.s. will start to increase oil production in the second half of the year, that's been also weighing on sentiment, and as you pointed out, the stronger

david: do you think that large chinese technology companies, ali baba, tencent, baidu, bytedance ando forth can have their technology become very dominant or important the united states and around the world? and are we in a world now we're competing with chinese technology companies for market share outside the united states and china? reid: so i think we are already in that world. if you look at things that alibaba is doing, in terms of spreading the ali pay and everything else into south america, into africa. you know, i think the notion of the technological platforms of the future are in deep -- like, there is a fast-moving competition between companies in silicon valley and companies in china. and i think that is part of, which systems will be the systems that the world operates in is in deep competition. that being said, i think we are already seeing chinese buy from companies beginning to make strong had roads into the u.s. tiktok is an obvious one but i think you already see it also in drone manufacturing in dgi. there are a whole bunch that are already getting massive global

a new joke on american tv is that by anti- probation, baidu's participation rate is now only 35%, and voters must be turning in their graves, according to the nbc. usb is unhappy with its employees works. he pauses to make clear and precise statements, only for his assistants to hasten to explain what he meant, something else. this explanatory company undermines his rating. sounds like it's time for joe to name names. well if he could only remember the names , the price of fuel broke the record as close as $5 when trump was president the price was 1, dollar 77 cents a gallon, which means by the end of biden's term gasoline will cost $800 a gallon, just kidding, he for nothing gets to the end of the term, he goes earlier. he says he can't rest. and we, against the backdrop of what is happening in the country, the hunger games look like a romantic comedy since biden took office, not only gas prices have risen sharply, but gas, according to wall street jonal, has almost quadrupled 2. 5 dollars. now more than eight, however, in the matter of spending on fuel, the americans. not alone, the

what hall should the baidu enter and how much should he say and even sit down in his place , his wordpe? it is written you sit down in your place. you make a short comment. you're leaving, and it's the president of the united states. what would happen if they found such a trump card, yes, everyone would just talk about impeachment. it's like if the country was led by a kindergarten pupil. and now the footage from sochi, due to showers of a powerful mudflow, has descended on the federal highway a-147 between the villages of zubovo shchel and balcony, the force of the flow was such that two cars were blown away and two cars were swept into the black sea . seven people are being searched. among them may be a one-year-old child, this was reported in emergency transport. dirt. stone fragments of trees partially blocked the road broken power lines. now traffic has been fully restored. in addition, about 50 houses were flooded in the lazarevsky district . repair teams are working. a powerful cyclone will continue to torment south of the country until the end of this week today heavy downpour

this is joe baidu.hen he met with olef scholz, the chancellor of the federal republic of germany, on the sidelines of the gs1 meeting, he praised the shocks for the fact that he plays a key role now in the fact that europe opposes russia aggression and provides aid to ukraine, well, now. this is how such a decision can be made that the european union plans to practice majority voting, that is, not that all members of the european union will vote this way, and this , too, i understand, will add mobility, that is, understanding what macron said at the end of the meeting of the european council where he said that the euro is the time for europe to become strong and mobile, has this understanding really come and we will see a different europe now in helping ukraine and in opposition to the global russian federation we see a different europe a europe that is capable of making strategic decisions, such as giving ukraine the status of a candidate for the 14th european union of the european union, which, well,

wait, but i'm talking about what the second putin said, biden, no longer turned to zelensky, said baidulet's finish this here, you'll take everything away. well, it will, well, our demands, putin will be the first and possibly zelensky so we are preparing for that day by november, then europe will be established too, i see it, and you know, here, i just thought so, i think that we demanded what russia demanded ? yes, that means, uh, there is no nato bloc, which means ukraine means the state of ninety the seventh founded that the treaty to the russians. and now i thought, why did we have such a concept in 97-41 that the german workers would not go to shoot at the russian worker, and the german workers went ahead, he did not care. he is a worker, by the way, with all that you said, i just wanted to add one clarification not only german workers. well, the romanian worker, the hungarian worker, the slovak and so on and so forth. so, well, it's necessary. we are also very at peace. when it’s already impossible to rewind back, no matter what happens. now maybe there will be only one complete

stronger bond sales and bet that maybe chinese policy will be more accommodating that isn't helping today baidu want to talk about a crash. look at docusign they help you e-sign documents down 62% this year traders settling on the notion that the fed may not come to the rescue, even at the risk of recession. jon? >> thank you >>> let's check in on adobe, stock down 3% ahead of earnings, means it is doing better than the s&p and nasdaq these numbers will be another test of software resilience. shares took a tumble after the last earnings report impact on halt of sales from russia, one of the main concerns analysts focus on durability of consumer spending in the challenging macro environment, though the street is still bullish, more than 80% of analysts calling it a buy. stock down from the all-time high last november docusign, not that bad this is one of the names that's big and been growing, so the doane will be particularly important. >> guidance will be key. morgan stanley says operating margins are likely the easiest area to please if management backs off investments. keep the margins a litt

look at baidu off by four and a half percent by now.ve got at the moment large internet stocks essentially moving into the downside. amyris -- and this after we saw on tuesday, we see benefiting from a reopening. yvonne: food stocks across the region, just given what we saw in chicago with the commodity futures plunging the most allowed by the exchange, there were some better news when it comes to russia discussing black see exports with turkey and willing to help to ensure ukrainian exports, but not a lot of movement. seeing the downside, the president of china keeping food manufacturing. when it comes to risk appetite, david: clear, hot and humid, maybe a chance of a thunderstorm in the next 30 minutes, that is singapore for you. half of 1% to the upside, certainly when you look at southeast asia,, this board right now, this is essentially the picture for this year with your to winning markets, singapore and indonesia. the rest of asia lab behind the global benchmark. yvonne: focusing on singapore, the chairman of the singapore econom

regulatory constraints that have really hurt the tech industry in china, so we prefer some other names, baiduadvertising but the cloud business and we're still seeing an awful lot of growth in the cloud expansion which i think will really help a company like that. plus, we see china, the government, really has an incentive to take off all of these restraints because they have 10.76 new graduates in china that have to get jobs, and they really need growth to come back in order for those folks to find jobs. we can see this moving in a positive direction >> got to leave it there, joanne feeney we'll have you back soon appreciate it. >>> so what's the difference between cold brew and iced >> iced coffee is coffee on ice. cold brew is steeped, cold water steeped in double the amount of grounds for many hours and then it is filtered so that the grounds don't -- that's why it has so much more caffeine. >> i am staying away from it >> makes me dizzy. >> up next, a deal in the sports world breaking records weavthdeilne he e tas xt and want to make the right moves fast... get decision tech. for insight

say a restrained, yes approach to the conflict with russia, as a rule, people who sympathize with baidu at least sympathize with the democrats and who are very afraid of donald trump, and they look at just public opinion on the topic of the war in ukraine where it is on the list the priorities of the american voter. 3%, of course, 3%, of course, and it gradually becomes obvious that, who at the beginning exposed himself almost as caesar the winner, yes, the suppressor of russia , president putin, who in general is starting to look more and more like a person who, if you want, due to fundamental american interests due to inflation due to the production chain, which in america is very much destroyed, and due to ah growing shortages of a significant number of goods. well, if you want, ah, it turns out there is no money to control the american border. there is no money, and the american voter says 40 billion dollars. yes there is for ukraine and as a result. i think e there is a desire among people who are democrats to say, no, we are not so carried away by ukraine that we will sacrifice ot

be more in the eye of the storm but you're not exposed to the out liar names, jd and met juan and baiduat will be here tomorrow. >> and once upon a time, the way to play was through like a starbucks or a nike with access to to the chinese market and exploding wealth in china and i'm wondering if at this point in time with the rhetoric from beijing seeming kafrpg and what is going on between the u.s. and china, if your view might be a chinese national champion because at least you have that going for the stock? >> i think that might be the case right now and i sort of agree with what dan is saying relative to the risk but i think you could apply that so some of the u.s. and the chinese companies. ure working with a difficult level of risk. the handcuffs could be put back on at any moment and when i look at k-web, it is 50% down from the levels in 2018 but the pe looks higher. so the entire index doesn't appear to be as cheap as maybe you would think given the price move but there are stocks like bobba that are a lot cheaper the pe has been cut in half. even if it claws back half of the p

baidu, alibaba, pinduoduo, traders pretty much settling on the notion the fed may not come to the rescue risk of a recession kelly? >> kraft/heinz is not usually the first name i think of. >> it was monster but right before going live i was told it was now in the red you never know what you're going to get. >> got to take it down to the wire kristina, thank you very much. kristina partsinevelos coming up, we're digging ddeeper whether they are now a buying opportunity. >>> and as we head to break check out the biggest laggard. etsy down 10%. don't go anywhere. are you haunted by your cable service? have you noticed strange, frightening fees on your monthly bill? do you experience feelings of dread when you pass by your cable box? if the answer is yes... who you gonna call? directv stream. now save $30 over 2 months. >>> welcome back, everybody. tech leading the sell-off with the triple qs down more than 30%. our next guest isn't buying any equities here and thinks the nasdaq could go back to prepandemic levels let's bring in daniel shea, director of options at simpler trading. great to c

sixty years of blockade imposed during the cold war , the belizean prime minister, referring to the baiduraightforward , the time has come for mr. represents millions of lives, again for reference. remember that, literally, sobbing with happiness, the argentinean stewardess at the peak of the pandemic, it was with argentina that the procession to the region of the russian vaccine sputnik began. and now let's get back to underwater shooting. they can be seen three centuries ago, there were also chinese goods on the san jose hallulion. and now in many countries of latin america, the prc has outstripped the united states as the main trading partner, the word of our friend political scientist from ecuador, a country that is now very loyal to the united states but in a pandemic. you look at the successful result that the ecuadorian authorities have received on vaccination. it's a consequence pragmatic agreement to receive assistance from china and now it's even more complex, brazilian president bolsena. people also drove to los angeles. but, firstly, in the canon itself, he repeated that he be

there the chairman is now the same belize the prime minister of belize, referring to the baidu was more it was time for the lord president to lift the blockade, and the argentine continued eugene now the blockade against venezuela it while a pandemic devastating humanity takes millions of lives with it, again for reference. remember, then, literally, the argentine stewardess who was crying with happiness at the peak of the pandemic was with argentina. the procession across the region of the russian vaccine sputnik has begun, and now let's get back to underwater photography. they can be seen three centuries ago on a gallion. san hu. there were also chinese goods. and now, in many countries of latin america, china has already outstripped the united states as the main trading partner. very loyal to the united states but in a pandemic x-facto. you look at the successful result that the ecuadorian authorities have received on vaccination. this is a consequence of the pragmatic agreement to receive assistance from china, of course, this makes some analysts speak. yes, you have become allies o

the biggest drops today coming from chinese technology like j.d.com, pin duoduo and baidu.y have their big retail birthday event like every year on june 18th and this year it brought in the biggest sales growth in pfeiffer years and it's playing a role in consumer sentiment in china and marriott down 2.5, and overall, hotels are lagging on this concern about a slowdown in consumer spending it's down 18% in the past three months and you can see other hotels also trending downward. we can't talk about the nasdaq without bringing up semiconductors and we have qualcomm, and skyworks all struggling today and the sox, the semiconductor etf tracking for its worst calendar quarter since 2008. let's talk good, moderna, docusign and the biggest winners on the nasdaq. moderna's valiant vaccine appears to work against omicron sub variant and dan spring springer stepping down and the stock is up over 5% and lastly, several software and cyber names that are top gainers so far like intuit, okta, autodesk all trading above 2% or more, but they're all still between 40% and 70% off their mos

sixty years of blockade imposed during the cold war , the belizean prime minister, referring to the baidu more straightforward , the time has come for mr. represents millions of lives, again for reference. remember that argentine stewardess, literally sobbing with happiness at the peak of the pandemic, it was with argentina that the procession to the region of the russian vaccine began satellite. now back to underwater photography. they can be seen three centuries ago on a gallion, there were also chinese goods in san jose, and now in many countries of latin america it is more expensive than the united states as the main trading partner. . you look at the successful result that the ecuadorian authorities have received on vaccination. this is a consequence of the pragmatic agreement to receive assistance from china. now it is even more complex, the brazilian bolsena president. people also drove to los angeles. well, firstly, in the canon itself, he repeated that he believes that biden stole the victory from trump, so it was probably a shame, but he offered the brazilians to the argentines,

sixty years of blockade imposed during the cold war , the belizean prime minister, referring to the baidure straightforward, the time has come for mr. president to lift the blockade, and the argentinean has now continued the blockade against venezuela as well, while the pandemic devastating humanity is taking with them millions of lives, again for reference. remember, then, literally, the argentine stewardess, who was sobbing with happiness at the peak of the pandemic, it was with argentina that the procession of the russian vaccine to the region began satellite, and now back to underwater photography. they can be seen three centuries ago on a gallion, there were also chinese goods in san jose. and now in many countries of latin america, the gift has already outstripped the united states as the main trading partner, the word to our political scientist friend from ecuador, a country that is now very loyal to the united states but in a pandemic. you look at the successful result that the ecuadorian authorities have received on vaccination. this is a consequence of the pragmatic agreement to

on the policy side, just because expectations were low, some managed to outperform alibaba and baidu.s for the hang seng tech index, the revisions are becoming more positive since the beginning of this month. just at the end of the earnings season, people are seeing positivity, but i think this kurt -- quarter, the current quarter will be tough. you mentioned they may be cutting staff, and the lockdowns are being eased. ethic a lot of people are thinking this quarter might be the worst quarter. haidi: we will be watching on the other side with the mainland open and just about half an hour's time. apple suppliers in view, including -- at we are looking at the iphone maker rebound. looking at the ipad, also that service that votes its service into finance. the trillion dollar local credit market is also on watch and is proving to be more resilient in its offshore counterpart to the historic crackdown on the property sector in a record wave of defaults. in to that end we are watching the likes of developers including china. >> coming up, we have plenty more on china's probe reportedly co

out back, it turned out some they are forming an oligarchy because exxon mobil made demands to the baidument plan is one. that is, they put demands on him. what needs to be done to reduce the cost of gasoline, as in california it ’s only the cost of 20 euros lower, i just translated it, that is, here’s gasoline at 480 euros 20. how much is 20 europe for two in germany two 10. yes? here but also for understanding for for understanding and for what is happening. you understand this is how to compete in europe with someone with the americans. yes, when gas is many times more expensive, twice as expensive, er, oil products, well, the europeans do not think about this issue. they still do what they are told from washington, so now they have not had such a situation of disparity in energy scenes for 40 years, e.g. by the united states. now there are all exports to european america, it will become impossible not to be competitive, and europe will graze goats, as they once grazed in the ruins. rome , that's all we have, i say goodbye to you time. now the program will be aired vesti see you soon.

crisis may end, and he says they will lead us into the third world war, and i mean, of course, the baidug that we have a life expectancy for men of 66.5 years. god forbid, each of us is just really here at 79 years old. that's how to drop bikes. then the next day to jump, and therefore, it seems to me, there is no need to laugh at old age. but in general, the inscription no one laughs at old age. well, if no one doesn’t laugh, then okay, i have a feeling that sometimes they laugh. and i will say maxim e. continue now again calmly. i will shut up. you go on i can tell what i'm laughing at. i say this honestly and openly. i laugh at cynical politics or pee. arom who replaced politics because his staff's cronies his servant his pr manager his pr manager came up with a trick. mr. biden, you get on your bike and show everyone how amazingly young you are, they put him on this bike in order to to demonstrate his physical form, the trick failed unfortunately. this is what i laugh at with the cynicism of projecting supposedly political actions. i laugh and at the same time i'm scared, because beh

terrorism will pass uh-huh, if it is passed, then it will free the hands of everyone, both congress and baidue july, what after that is conditionally called the state of the economic blockade of russia, what they are preparing. this is russia's economic gratitude. many people think that this is impossible. this is in many ways. is it possible that the second wave is not even a wave of the father of putin's price hikes. so partially, only partially, only partially, but simply, because there is no the fact is that, firstly, the biden is already this week. e made the decision to drastically increase oil production in the united states this time. secondly, he is now travels to saudi arabia. goes says. here, believe me, i understand that this is your beloved israel, which is falling apart once again . i refuse to work in such conditions. and uh. now i will not form. for the first time, they called him left russia, and andrei vladimirovich called andrei vladimirovich a jewish muzzle. well, why not? all witnesses? i have here yes, yes it was and they say, as they say, as they say in the soviet union

break, look at the pre-market winners and losers in the nasdaq pinduoduo is up 4% ross stores and baidund jd.com and csx round out the top five "squawk box" will be right back. just making spaghetti... but i didn't wait. i could've delayed telling my doctor i was short of breath just reading a book... but i didn't wait. they told their doctors. and found out they had... atrial fibrillation. a condition which makes it about five times more likely to have a stroke. if you have one or more of these symptoms irregular heartbeat, heart racing, chest pain, shortness of breath, fatigue or lightheadedness, contact your doctor. this is no time to wait. you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire matching your job description. nurse mariyam sabo knows a moment this pure... ...demands a lotion this pure. new gold bond pure moisture lotion. 24-hour hydration. no parabens, dyes, or fragrances. gold bond.

why do i want again it must be emphasized that it is impossible not to believe, not baidu, nor othere did all the supply of weapons begin. let's remember that there were some debates going on in congress, it's worth delivering them, it's not worth it as a result. they all ended up on the territory of ukraine with instructors together and taught the topics of javelins, it seems, as if the next topic was a ride, stingers began to supply stingers. says a different type of weapons in aviation began to beat the same thing, instructors, who did not stay, of course, left for the war. but nevertheless, now already in the open rso, that is, at first it says it is impossible to deliver. uh, these missile systems are by no means more range. because this will provoke russia, but now they don’t talk about it anymore. they say that it is necessary to deliver and we will deliver. when we say there are eight hundred kilometers and a stage, the gaubi center, the seven raktar. yes, turkey, he is the main one here. i want everything. that's about the americans. yes, because these are these provocateurs

been reduced from what they actually sold shares at a few years ago and it's owned by china's google baidu really haven't done a lot with it. stuart: so google owns china's netflix and china's netflix is for sale. >> china's google owns netflix which is up for sale. stuart: got it. thanks very much, susan. tepper, you're with us for the hour and you've got some stock picks that you like i presume? start with diamondback energy. >> all right, so the ticker on this one, you know, in my opinion, one of the best energy plays you could hold. you could make the argument that energy is a bit stretched right now, but you still want to have exposure. diamondback is a low-cost producer in the permian, great dividend yield. stuart: tj maxx, they are a retailer and retail sales were down in may. >> yeah, a brutal brutal industry to be in retail but tj maxx is probably the best of the bunch. the next big catalyst for retail is going to be back-to-school shopping. it's amazing to say at the beginning of summer we're already talking back-to-school but that's the next main catalyst for retail. i suspect t

-listed stocks like pinduoduo, baidu, up 4% to 7% and kraneshares china internet is up of course, andrewten up a lot especially didi global on regulatory concerns. >> dom, i don't know if we can put it up on the screen. i'm looking at uber which has a stake in didi. i'm surprised given just how much didi has risen. maybe that makes sense in terms of how people are thinking given where the market is more broadly you would have thought it would have taken -- would have have moved a little bit more. >> uber also has had a nice run over the course of the last week in a time when the markets were facing a little bit of weakness over the tech trade overall, uber shares came off on the better side of things the last week or so in general, tech stocks in china have been beaten seo badly maybe the massive moves higher are not that unforeseen, the notion of the interchangeability between uber and didi global, ultimately it will be a huge thing as well. there is still that cloud of uncertainty with the business and what it will look like going forward. all of that stuff comes into play still genera

plan, for example, respectively, the largest networks baidu, which will come out of there, because heon of the war, which will be this, you understand that this is their network, which is commensurate with individual ones. well large transcendental corporations. that is, there are over a billion people in it, so, by the way, there, for example, if they are going to cut out from there, and, accordingly, uh, all the structures of jack ma, this is a very large system. i'm not seeing that this whole system will continue. if china tries to keep it , i will try to stop by in the next year and a half, this is the only point of no return beyond which it can still be done, and therefore they are now trying to limit it. china i understand that he it is necessary, either to fight economically, or simply gradually, as if it will be packaged. there , in different ways , the same thing began to be included in this active, india, she saw an alternative, which i will have well. next will be china, after that they will come after india because it is also growing at a rate of six nine. this is the uniq

this is a subtle allusion to the elections of the twentieth year, when baidu voted a significant numberenate of the united states in general, the situation in america is really amazing, the internal situation is very complex and gadfield is a very bright comedian on fox news but albeit in such an art form, and causing laughter to the public. he went through really very important pain points and this is laughter in many ways through the pain of suffering, tears and so further. it's not funny at all inside america . and many americans. now planning a vacation is going somewhere to go. this country is absolutely abounding in road transport. a significant part of the trade is why uh, such a rise in uh, gas prices, this, of course, hits ordinary americans incredibly. it drives up inflation, the rise in the cost of all consumer goods, and it certainly raises, uh, a lot, a lot of questions inside the united states. but i would like to return to what you absolutely you rightly note the changes in the tone of the leading publications and those experts who have been speaking in these leading publ

here there is distrust baidu. no delivered. a puff. he is zero, he is zero, but better, but this is not like that. well, check. yes, it is also quite dangerous, but nevertheless, michael and what do you think, but already, if we are talking about the verdict correctly, it’s not the verdict, so to speak, is the new strategic one. so to say, the line against russia is either not new, or it has been all these years and we can either illustrate it quite convincingly, however, an interesting point of view, or is it just a continuation of the old one, which was not so effectively articulated before, but now it is articulated quite effectively, but the line. yes, it’s even clear that the concept is new, because the old concept of russia called russia strategic partners. this is of course, and how like after a particle of the year, but this is it it is unacceptable that in uh, the strategic concept of nato russia strategic complexes of western politicians in our partners, let them change with a smile ah. there is only one task, the mos