i think boeing has. sad that you know, the the many effort cost cutting was because of the specter of airbus. the there was there were many opportunities during the past 20 30 years were boeing face this choice, you know, airbus had come out with a plane that was about 20 years newer at the airbus had a plane that that had fly by wire electronic technology boeing didn't there was a meeting i wrote about in 1992 that gordon bethune later become ceo of continental was in where executives in the commercial airplane business went around the room and said should we should we develop a brand new 737 and he got a kick under the table from someone who wanted to vote the other way. he said he said in the next gen is the way to go and the vote was five to three so that there's there been points through boeing's history where it it could have taken the step to invest but it it was always the more expedient one. because of the base the wide base the 737 had and that the fact the tooling was already paid off the fact

amy: and finally, "downfall: the case against boeing." new documentary that just premiered at the sundance film festival looks at the two fatal crashes in ethiopia and indonesia that killed all 346 on board the boeing37 max plane >> eiopian alineslight ha crasheshortly ter takef. >> two dayater after the send crashwe knew this plague w defecti in some manner. >> were greed, prophets more important than human life? >> we will speak to director rory kennedy and michael stumo whose daughter samya died in the ethiopian crash. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. a russian foreign ministry official said thursday that the u.s. risked provoking a nuclear missile crisis with moscow and less restraint and productively and the growing conflict of ukraine is shown. the stark warning came as russia's top diplomat sergey lavrov formally rejected the u.s. response to rusa's dend that offered no new concessions. >> the main question is a clear message that we consider furth

now it seems like a better year for boeing because of that.oline: 21 flying ban for the max after -- 20 month flying ban for the max after two fatal air crashes. boeing is only in excess of 4000. george: i think we look at backlogs and never get too excited. they never look as bad as you might think or as good. they have kept their core customers in the fold, which is very large. the challenge is when we get past the pandemic to raise the rates and deliver the airplanes. i think that is one of the reasons why airbus is moving towards higher production rates and turn the backlog orders into cash. but again, airlines, their fortunes change over time. i think it will be key to build more aircraft after the pandemic , raise production rates, improve profits, cash flow, probably more important. taylor: think u.s. always to george ferguson of bloomberg intelligence. stick with us. final thoughts next. this is bloomberg. ♪ [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm ca

i don't have boeing yet. i was going through at&t. boeing is imminent. to cross any second. i'll give you at&t really quick. that's why the stock is up. look at the move, this 1% move on at&t. we're going through the numbers. streaming numbers is going to be a big story today for the nature themarkets, 9.4 million subs wee add ad at hbo max which offset wireless problems that at&t was having, the phone customers. they had a beat of 78-cents and 41 billion, they came in stronger on earnings per share, coming stronger on revenue. again, the buzz rights now, really the premarket right now is on at&t until boeings crosses the tape because of the stronger performance that we got from the company. as you know, we talked about there is of course talk about them doing some spinoffs out of warner media in particular, or all of warner media, completely. but i'll come back in when i get boeing. i've got my eye on it right now. maria: all right. we are expecting a loss from boeing in the quarter. obviously the company is a real bellwether. we will come back to you o

boeing popping more than 3% today. the company reporting a bounceback in plane orders for 2021 phil le beau with the latest numbers. phil >> sarah, when you take a look at the month for boeing. it was the 11th straight month the company reported positive results. when you look at the numbers for 2021, definitely an improvement. here's what boeing reported net orders on an adjusted basis 535. deliveries, 340 planes, the backlog stands at 4,250 planes the deliveries are expected to ramp in 2022, that's some of the good news, some of the opt manyism that is there when you look at shares of boeing right now. they will be steadily increasing the cadence in terms of production for the 737 max it's expected to go up to 31 this month early this year then there is talk about potentially going higher a little later on this year. nonetheless, there are challenges for boeing right now. that's one reason why the stock while it has, it bounced off that 200 level it continues moving up into that 220, 225 range they have the 737 inspe

keep an eye on boeing shares down 2% in the premarket and the suppliers that depend a lot on boeing.will get those results after the bell, that company has seen sliding growth going down in revenue for the past few quarters as the pandemic boom wears off. after the bell we will get tesla. this will be watched and not for the individual numbers, but the roadmap the elon musk has been promising for the cyber truck, roadster, and solar panels. the things he has been tweeting about but hasn't delivered on. analysts expect an update on when we could finally see those things. tom: thank you for joining us for our fed special. i want to highlight one singular note from chicago and seattle. boeing sees 787 abnormal costs will boost to about $2 billion. to me that is the one that really looked out here. boeing right now is showing some real movement down. i want to be sure that's accurate before we move on. boeing with a little bounce up, it comes back up to 2.04. a global fixed income strategy at black rock, what will jerome powell do for your bond space this afternoon? >> i think that he is

obviously jim lebenthal is a big boeing supporter i believe it was one of his stock summit picks for you trim it? >> well, i needed to raise some cash to buy cnq and vst, but i also think that i would rather buy boeing a little bit higher after the chinese start buying the 37 and after the 87 gets back into service. so i would rather wait i had a better source for the funds, but i still have a position in boeing >> okay. jimmy, i saw you were doing the head explode >> i love rich rich is my kind of guy we disagree on this, but i want to give people a near-term catalyst on boeing this allegiant air deal that came out this week, it puts the pressure on ryan air to come back to the table for a big order with boeing or else they're not going to get any planes, they're not going to get them from airbus for seven years. so i think you have catalyst coming in the near term. >> all right a final trade, jimmy, while i have you >> it is boeing, it is right there in front of us i already stole my own thunder on that. i will give air time to the rest of everybody >> okay. who else has alcoa >> t

first off new quarterly results from boeing.r than expected loss than the street was expecting, but there is a catch. boeing took a bunch of charges they weren't anticipating. they knew they were out there but didn't know they were coming this quarter came into the tune of $4.4 billion in charges related to a number of company issues including delivery delays for its 787 wide body jet. but the company did generate pchb positive cash flow for the quarter. you can see the stock is up by about 0.7%, up by 1.5% maybe, we'll see where things shake-up. obviously it's a big deal because it's a dow component and as it goes so goes the rest of much of the market don't miss an exclusive interview at 9:00 a.m. eastern time on squawk on the street and at&t also out with earnings. the telecom giant beating analyst fourth quarter estimates. they were helped by strong growth at the company's hbo max unit a lot of things to look through here it was earnings and revenue also beat expectations. free cash flow $8.7 billion. the subscriber numbers

airbus ended 21 with a lead over boeing. boeing had amassed 428 plana lead, -- plane lead.ater orders helped airbus surpassed boeing by 58 planes. 5g mobile service, airlines say might interfere with aircraft electronics. the ceos of the companies say they are willing to possibly mid near certain airports. at&t and verizon say that the power level will be low enough to avoid interference. the latest spider-man movie has hopped to the top for the third week in a row. i have to really go wash that movie, hoping the omicron passes quickly so i can watch it. a look at the ahead for japan with economic advisory expert, a new and stronger country is emerging, or this time is different. this is bloomberg. ♪ and there you have it. woah. wireless on the most reliable network nationwide. wow. big deal. we get unlimited for just 30 bucks. sweet, but mine has 5g included. relax people. my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one-upping itself. take the savings challenge at xfinitymobile.com/mysavings or

. >>> we have a news alert on boeing phil lebeau with the story >> take a look at shares of boeing this order was expected. it has been talked about, hinted at over the last couple days it is now official a massive order with qatar air it will be the launch airline for the new triple 7 x freighter. 34 of them about been bought they're buying two of the existing 777 freighters. also a commitment for 257, 737 maxes. the stretch model. an omption for another 25 you're talking about an order that could reach 102 airplanes with engines included, the potential list price value, $34 billion. obviously planes and engines are never sold at list prices. but still, a massive, massive order for boeing and for ge aviation which will be providing the engines on the aircraft. so a huge, huge movefor boeing and that's why the stock is up today as they land a big order, potentially list value price of $34 billion with qatar air >> looking to break out to session highs. you were 3.4%. bill, thank you so much. we appreciate it boeing helping the dow right now as well. the content race is hotter than ever

it comes as a release -- relief for boeing. it comes as qatar is locked in a bitter legal battle. airbus flaws on the 8350 jumbo jet, jus days ago airbus revoked order. time for a check on trading action. wall street saw significant gains as u.s. shares wrap up a volatile month. the tech sector is leading the way as indexes regain ground. spotify shares closed up over 12% while netflix gained 10%. stock prices are marking their worst month since march 2020. european indexes mostly gained as well. that as new data out monday showed eurozone growth hit a record 5.2% in 2021, still not enough to make up for a 6.4% drop in 2020. growth was slowing by 2021 spinal cord. inflation in germany ease for the first time since june. slowing growth and cooling inflation being the european central bank is unlikely to tighten monetary policy in 2022. >> i still expect the first rate increase next year. that is still far ahead, when it happens it won't hurt. pulling hot irons out of the fire, keeping this excessive indebtedness in europe. we will not experience it. anchor: finally, what do bulgari

investors await new tea leaves from the fed >>> plus a wider than expected loss and big revenue miss for boeing the ceo dave calhoun will join us and break down the quarter. >>> shares of at&t seem to be rallying a bit ahead of the open the ceo john stanky talks with me about the warner media deal, the quarter, of course, and the future for wireless. >>> and start with the overall market this morning. we mentioned the strategists out with some bullish notes out of goldman, citi, jpm, it's across the board. >> i think we're cynical and t therefore we think they can't be right. these are people who have called it right i'm reluctant to say you know what a bunch of penguins on the upside they've been telling you to be careful. if they tell you to be careful, maybe they're interesting. i have no problem with that. that's pretty good. >> you're happy with that? you're okay? >> well, i mean, it's not like said the whole way down and double down. these are strategists who were correctly calling and saying, you know, this is not -- you know, it's an unsustainable decline. it'll happen now they're sayin

or will it not be because of that boeing warning?don't think you'll be on a 777 because boeing has put out the word don't fly the 777 to u.s. airports. i don't think flying into a country from another country is any more dangerous than it was yesterday or the week before. this is something that the regulatory agencies are addressing. >> thank you very much. >> fine. >> tom costello as always. >>> doomed to fail the voting rights legislation in the senate seems to be facing a sealed fate. what are democrats going to do? senator mark warner joins me more on that on the line with russia. you're watching "andrea mitchell reports" on msnbc. g "andrea mitl reports" on msnbc. ancers even in early stages. early stages. it's for people 45 plus at average risk for colon cancer, not high risk. false positive and negative results may occur. ask your provider if cologuard is right for you. (all) to screening! feeling sluggish or weighed down? it could be a sign that your digestive system isn't working at it's best taking metamucil everyday can he

we will look more at what is happening, and implications for the boe next. we will get some of garrett's calls as futures stateside turn. a solid gains in italy on the back of the presidential results. stay with us. this is bloomberg. ♪ tom: welcome back. we are 14 minutes into the european trading day. 0.9% gains across the benchmark stoxx 600. another wild day per u.s. equities. currently the u.s. futures s&p easily a point range bound after being in the green. the nasdaq futures, 0.2%. your sectors in europe, it is technology out of the gate quite strong, up 2.3%. let's get some of the individual corporate stories that dani burger is watching. what is in focus for you? what is of interest? dani: kicking things off with a bit of activist investor action. we have had a lot of this over the past month or so, activist investors getting impatient waiting for returns. vodafone the latest target, according to sources familiar. a great scoop from our bloomberg team. they have already begun talks with vodafone to improve the profitability of the shares, up 3%. to

breaking up into three companies, joepa pa said boeing with the gigantic sales, an airbus client. those are special situations finally, there are -- let's think about this they are merely minutes, right they are not the actions after you get a strong employment number on friday that shows the big jump from wages and we were going to get that, if we get a lot of woe is me inflation numbers the next two weeks, it's possible you might see a peak in inflation because of maybe a peak in omicron and that's a thing you will hear about later in the show. you never want to go overboard on something versus the minutes even as hawkish as they were if the nasdaq were up more than 3% this week, i would be perturbed. but down 3.5%? down 7% since the year began somebody got so right to sell. how long can they stay right. >> when they toss high quality babies out with the stinkdy bath water that the investment bankers have been pumps out for 18 months, that's an opportunity to buy, not sell the quality companies. don't come to me -- don't, you know, don't rent the lemonade, you know what i mean d

you have ecb, boe policy rate decisions.e one to watch even that the boe may not be able to follow through on as hawkish a policy as many expected. friday, vladimir putin in beijing to attend the opening ceremony of the winter olympics and a plan summit with president jean ping. let's stick on that -- president xi jinping. let's stick on that topic. manufacturing slipped in january. in the challenge to covid zero policy, cases are jumping five days ahead of the winter olympics. with those economic concerns, we are seeing iron or get slammed. it is currently on tracker to biggest slides in september 20. china pushing less output from a lot of these manufacturers. china has clear skies for the beijing olympics. we have enda curran. the pmi's, what does that tell us about the economy slowdown? reporter: the slowdown is continuing. it is quite broad-based now. it is a policy official, both pointing to activity. smaller businesses seem to be h there is more evidence of prices increasing. that suggests that pbi pressures are build

that is inflationary, and hence kind of hawkish for the boe.uy: how easy is it to discern what is happening in the u.k. economy right now? we have had omicron over the last few months making its presence felt. the prime minister today announcing the end of a significant number of restrictions. what has been the impact of omicron? what will be the impact of those restrictions, and what will be the impact of easing those restrictions in terms of how the u.k. economy is operating? liz: very difficult to disentangle everything. i think we probably did see a fall in gdp in december on the back of omicron. that was partly people getting sick and canceling christmas bookings, and partly people not being able to come to work because of being told to self-isolate. that probably pushed through into january. but as you say, the light at the end of the tunnel is now getting brighter. one thing i sent i will be watching in particular is the impact on working from home because even before omicron, before the restrictions were lifted, i think we had not compl

inbig issue for international carriers is the altimeters on the boeing 777 model yet. they're concerned it would be affected by the 5g rollout because the instruments on the 777 operate on a close portion of the radio spectrum. >> a very popular plane. it's a workhorse of international travel. more or less replaced the 747 that everyone knew so well for decades. >> the faa cleared several other models on sunday but left the big boeing 777 off that list. other international carriers decided to substitute other jets for their international routes and continued their usual service. today, federal authorities did clear the boeing 777 and carriers are now evaluating when they will put the big jet back in rotation, so passengers need to check in with their airlines to see how their flights will be affected. at sfo, nbc bay area news. >> up next, she has three medals but no golds. maybe a new event will be the charm for olympic bobsledder alana meyers taylor. >> i'm chief meteorologist jeff ranieri. a beautiful sunset yet again here across the bay area. i'll get you ready to

phil lebeau explains why >> a big deal for boeing with qatar air.l that they announced in washington take a look at what boeing has sold to qatar. now, some of this is in the form of options some of it is a firm commitment. 34, this is a firm commitment, for the new 777 x freighter. they're going to be the launch customer there, two for the existing 777 freighter a commitment they hope will eventually be in order they expect it will be in order for 25 737-10, the extended versions of the max. 102 planes altogether when you include options. yeah, it's a big deal for both boeing as well as for ge remember, ge aviation providing the engines and services for those engines as part of this deal even though both of these stocks have struggled over the past couple months, the potential list value, $34 billion for the planes and the engines by the way, ge potentially in for $7 billion of that $34 billion. again, that's the list price things are never sold at list price in commercial aviation take a look at boeing versus airbus and we're showing you a one-yea

we are going to lose formula like -- boeing is saying this is important. is anybody listening?ane: i think the airlines are. it is kind of interesting that you bring this up because i did a crash course in this in december to figure out what this was all about, and what you are saying is accurate. in europe and the u.k., where this has already been implemented, the implementation levels are at a lower level than they are in the u.s. that is a big difference. the cell towers in the u.k. are turned away from the runways, and apparently what you just said is completely accurate. as an airplane is approaching the runway, the signal from the cell tower interferes with the readings the pilots are getting. on a blue sky day, that is not a problem because the pilot can see the runway and can see where they are landing. on a bad weather day when you are landing using instrument landing, that is a problem. lisa: i am struggling to understand why we are talking about this now, at the cusp of the rollout of 5g. who messed up that this is now an issue versus five months ago, versus two year

and boeing has had an increase in freighter orders., we're stepping up now with the triple 7 freighter is an indication that they believe that there is substantial growth within that market but let's be clear here, the overall market for boeing is the commercial market. that's going to be the focus and that's why this 10k is so important, david >> yeah. the prospect of them having to raise even more money is also interesting. phil, thank you. phil lebeau on boeing. >>> as we wrap up here on "squawk on the street," of course, we have the s&p a .7%, but it is the nasdaq and particularly many of those hard-hit growth stocks with high multiples that are staging quite a rebound this morning that will do it for us on "squawk on the street. "techcheck" starts now ♪ >>> good monday morning. welcome to "techcheck" i'm carl quintanilla with jon fortt and deirdre bosa today, stocks rally to close out the month of january the nasdaq higher by nearly 2%, trying to avoid the worst january ever coming as we await quarterly results from alphabet, amaz

narrator: the boeing company's fastest-selling jet falls out of the sky, not once but twice.ze of a football field. narrator: in all, 346 people are killed. njoroge: i'm not able to go on with my life. i don't know how to live this life. narrator: and the 737 max is declared unsafe. holt: the faa today ordered the planes grounded in this country. narrator: "american greed" digs up the story

it brings me, pete, to boeing and ford boeing with some positive news for maxx it's coming off of a goodd ford is up 4% as we speak and i wanted to mention that not only for that reason and the fact that you've bought more calls in both and can you tell us about it? >> right this started back in september and there were six different hits in september where they were aggressively purchasing ford and the stock was back in the very low teens and it started way back in october, november and december in january, we've had six hits and as a matter of fact a couple yesterday alone and they just continue to come in there, scott. everything is short term, though they really are. they're staying mostly short term and we have one out to march and other than that, they've been focused on the short term because they've been getting the moves. the leverage of the options market when buying 20 to 30,000 options on a clip. today another breakout which is just stunning the highest was at 27 1/2. we're seeing a really, really nice run out of ford someone earlier is talking about where the p-e is now, and

>> boeing. boeing is number two and via com cbs is number three.e that's not on this list, but i'll mention it in a minute, what i'm thinking, but you tell me why boeing is on your list of all of the stocks on the universe, why is this part of our stock summit >> yeah. it's now make or break the only thing that can hold this stock back is either the global economy craters which i don't see or boeing can't figure out its engineering issues on the 787. if i thought that was a probability i wouldn't be in the stock and it's an exquisite engineering company that has the 737 max and the faa is holding their feet to the fire and i think they're coming out of it right now and it should be a great year for them. via com cbs and this was pummeled by tax loss harvesting. if you look at this company it's got one-quarter of the subscribers of netflix and 1/12th the streaming business is growing terrific and content is terrific and that's my third pick. >> so i see the list, right? there's chief land cliffs and via com, and cbs where's general motors jimmy, g.m

. >> and this is a big deal for boeing it has sold, or reached an agreement to sell to 'liegeant the significance is book price 5.5 billion. we know that none of these planes are ever sold at full book price there's another option for another 50 for boeing, this is significant, not only because it's stealing some of the business from airbus, a traditional airbus customer, and it needs this. at the ends of the year, there was a flurry of orders for airbus they had two significant wins of boeing customers who switched on the floor and placed orders with airbus so for boeing, this is a significant win, 50 going to aliegeant legiant airlines >> i believe fort sent the best chips to the best f-150s is it possible you got full-figured chips in the most expensive f-150s, so therefore the earnings themselves per truck and for the quarter might be better than expected? >> sure. plus they have the pricing power now. there's so much demand out there, such tight inventory, that the dealers are going to -- i mean, they're seeing this with their customers. i've talk to a number of dealers who say,

boeing shares helping with a sale to qatar aircrafts with a list price of $4.5 billion session highs.he broad retreeat in share prices is prompts a debate if it's the start of something sinister mike santoli is here to grade the correction. >> i think you'd have to say that this correction not to say it's fully done is definitely getting a pass grade it achieved much of what a bull market correction is supposed to do which is to moderate excessive valuations, skim away the froth. reset expectations to something more moderate or realistic or pessimistic and done those things the valuation of the market down two price earnings about 19 times earnings. not cheap but lower. then you have the sentiment and seasonality picture which are tailwinds. you did get a washed out technical picture. investor sentiment showing multiyear lows in bullishness. that is pretty good. seasonally late january into february things start to help and keep in mind the s&p 5006% higher than this time last week. the lows on that monday. we don't know if the market digested everything the fed might do but the marke

shares of boeing down nearly 5% at this hour to $194.ss maker giant corning. yes, ticker symbol glw, right now at the company reported a strong beat on its fourth quarter eps and sales raised it's first quarter guidance the stock is popping 10.75% the new york based company said results were driven by robust growth across the entire business despite challenges related to inflation and the effects of the chip shortage corning, of course makes gorilla glass, the glass that goes on many smartphones, so that when you drop it, which we all do, it doesn't crack. sports betting royalty draftkings is on pace for its biggest percentage increase in more than a year after morgan stanley upgraded the stock to overweight and announced a price target of $31 it's at $20.31 right now. morgan stanley says the sports betting market very profitable, and draftkings will be one of the industry's biggest beneficiaries. shares right now, gaining 5%. cryptocurrencys also seeing a move right now to the upside, and that's interesting, because lately, cryptos have

and so that's the lockheed martins, that's the boeings, that's the northrop grummans. disrupted the industry. eric: you had to have a little bit of a manic quality to think you could take on the boeings and the lockheeds and, sort of, you know, eat their lunch. one of the early engineers, a guy named zach dunn described it to me as that, you know, the existing rocket industry was kind of bucolic classical music. you know, everyone was kind of polite manners and in comes spacex, which is headbanging band, you know, riffing on guitars, making as much noise and, you know, smashing their guitars at the end of their sets. charlie: if we lost rockets at the rate that elon musk loses his big starship, nasa would have been out of business. congress would have shut us down. if we lo one starship, let alone six or however many it's been, we can't do that. sarah: to beat the aerospace establishment, musk had first to win over nasa, including nasa administrator, charlie bolden, who'd been an astronaut on the space shuttle. male: three, two, one. charlie: in the case of shuttle, yo

that's a painful selloff >> steve leishman, thank you >>> boeing 787 dreamliner's problems hitting thetom line hard that's in other news making cnbc on the money. >>> the choppy ride for boeing continues. the company reporting its third consecutive annual loss today. the red ink fueled by a series of manufacturing flaws in the 787 dream liner. they caused major delays in deliveries the plane maker forced to take nearly a $4 billion hit to compensate customers boeing shares down nearly 5% today. >>> british luxury carmaker bentley, the latest to bet on the electric vehicle market. the company announcing it will invest more than $3 billion in the next ten years to develop high-end, climate-friendly cars. the first electric bentley expected to roll off the line in 2025. >>> a new crypto coin from elon musk and mcdonald's. the tesla ceo said he'd gladly eat a happy meal on tv if they would accept dogecoin. mcdonald's responded, only if tesla suggests grimace coin, one even jumping 285,000 percent after the joke tweet. >>> spotify removing neil young's music after he demanded the streaming

oh, i had a conversation with boeing and conversations with service now and they were so different. bill mcdermott came on squawk on the street and he was so bullish. the amount of business surface business is doing, the juggernaut versus the ground that is boeing now the night before microsoft reported that growth haters came out in full force betting there had to be something wrong related to azure saying that the after hours trading but when the cfo amy hood had some good things to say about azure midway through the conference call, knowledgeable buyers took microsoft right back up to the 290s again no semiconductors. thursday we got apple, which delivered fln astounding quarter, only dinged by production woes. yes, inflation was mentioned but it didn't really play a role an management did say that product shortages had already been solved for the first quarter. a great company that makes things that makes profits. but at same time a fin tech, one of the older ones but a fin tech mastercard reported a blockbuster quarter and even mentioned cross border business was picking up tha

it's the year of boeing.ling back, should goldman sachs be back because the grim reaper wants everyone to make more money and now to get richer and -- if rates go up a quarter of a percent, do you think there will be a dufoofus saying i dont want enough planes forget the new customers, all right? let's make as little money as possible and how about a percent and a half and they're going to buy the darn planes? do i want to be in housing if the fed takes up huge, how about furniture in maybe not so much you know what? people have to wear clothes. unless the fed says from now on, we don't want anything to be worn with hanes brand t-shirts j. powell will come down on bruno cuccinelli, look out does porsche have a high performance data center? what happens is we have to get all of the scaredy cats out of this market and they'll get rid of the individual companies. when they started the investment club i wrote the word yieks on my board, yikes! yikes isn't much of a strategy it's just what people did. just because

numbers they sold 737 maxes. >> you're the one who brought up boeing here, not me. all right? >> he brings up ferrari. >> but you'll hang in there. >> boeing is making a comeback. >>> we're going to get to a bunch of calls, including one in the aerospace as we see a downgrade of love, lyft, dash, as the cpi hasn't exactly spooked the market entirely. more "squawk on the street" a mentin mount everest, the tallest mountain on the face of the earth. keep dreaming. [music: “you can get it if you really want” by jimmy cliff] how not to be a hero: because that's the last thing they need you to be. you don't have to save the day. you just have to navigate the world so that a foster child isn't doing it solo. you just have to stand up for a kid who isn't fluent in bureaucracy, or maybe not in their own emotions. so show up, however you can, for the foster kids who need it most— at helpfosterchildren.com >>> this is the worst setup imaginable then you have charlie scharff. i'll bet you he doesn't give you a single thing that's good >> no. >> so now you have the big set up,

. >> and hpe >> boeing even david, boeing. >> i saw that. >> david >> yeah. >> what do you think of boeing> it's great, jim. >> which of the boeing lines is doing well is it the 777? >> no. >> is it the 787, the 737? is it the military losses there too but, david, it's a top flight company. let's cut it out. >> you got that going for you in your investment club >> top flight. >> we're going to get to all the calls in a bit jim, though, does mention theranos and elizabeth holmes found guilty on 4 of 11 fraud charges. scott cohn has been following the case since the beginning good morning, scott. >> reporter: good morning, carl. it's a long fall from where she was just a few years ago the toast of this valley, now elizabeth holmes is facing some serious prison time, up to 20 years. she may have dazzled some big investors over the years, but seven days of her testimony on the witness stand, not enough to dazzle the jury. holmes showing no emotions as the verdicts were read it was a mixed verdict holmes guilty of conspiracy and defrauding theranos investors, but not guilty of defrauding the pa

wei: the narratives and communications from the boe has been confusing for markets.e have seen back towards the end of last year. further rate hikes, it could be on the table, especially with the inflationary dynamic today. the u.k. is also particularly influenced by uncertainty of supply, particularly related to the u.k. economy. we do not see an already aggressive response to inflation. we see inflation right now being somewhat aggravated, but not gone away from our expectations. inflationary dynamics give reason to supply sectors is a lot harder for central banks to establish -- stabilize than the typical dynamics, which is why central banks are in a tricky spot at the moment. tom: wei li on the difficulty of 2022. she is the global chief investment strategist at blackrock. and now more pressure due to its debt. we debate china's property sector next. this is bloomberg. ♪ tom: welcome back to the open. we are 24 minutes into european trading day. the market digests the u.s. inflation coming -- data coming out of there. according to james bullard, he expects a few

lauren: a fox business alert, shares of boeing flying high, leaving the dow on report from bloombergservice in china as soon as later this month. the planes have been grounded for nearly three years there, following two deadly crashes in indonesia and boeing stock up just about 3% at 223. and the world's largest chipmaker, taiwan semiconductor is up 6% as i speak, after post ing record 16% increase in quarterly profits thanks to strong demand for chips. tsmc, which supplies chips for apple products among other companies says it expects to see continued growth this year. sir richard branson's newly public virgin orbit is set to launch seven satellites into space this afternoon from a boeing 747 over the pacific ocean. that launch set for 2:00 p.m. pacific time, but its shares are tanking, so are its sister company, virgin galactic down 18.8% after announcing plans to raise up to $500 million in new debt that's not a good thing for shareholders, and looking for love online, before heading out to the bar? that trend continues this year, that according to goldman sachs, they upgraded onl

that's got boeing at the top of the dow at this moment and just off session highs, boeing looking quite alive at the moment up 4.5%, to $199 and change and then we also have this. we are looking at a rally at the moment, yes but for the month of january, roared in like a lion, however it looks like it's ending with its tail between its legs. even with the gains that we see for the moment on the nasdaq look at this , s&p is jumping as well up 63 points or more than 1.5%, the s&p still is headed for the worst month since the pandemic began in march of 2020. netflix and moderna the biggest s&p laggards month-to-date you can see for the month moderna down 34%, and netflix down 29%, but it could have been a lot worse. netflix is actually getting a boost at this hour on a citi upgrade so we do see netflix jumping 10 full percentage points right now, speaking that banner goes to the nasdaq, an absolutely brutal month for big tech shoved it firmly into correction territory , and has it heading not only for the worst month since march of 2020 but the poorest january showing of all-time, if it fa

that is a nice feather in boeing's cap. down just under half a percent. beyond meat is off its session highs after it announced that yum brands, kfc fast food chain, you ready? will offer beyond fried chicken in the u.s. i only eat the skin anyway. okay. the program will start next monday and run for a limited time. we have got beyond meat down 3.5%, yum brands down 1%. and goldman sachs calling for bitcoin 100,000. the crypto has a 20% share right now of the so-called store of market value, and goldman says if bitcoin's share goes up to 50% of that, it could then hit 100,000. bitcoin right now at 44,252, down by about 4%. >>> qualcomm shaping up the chip p -- shaking up the chip and metaverse world. ceo christian know amonojumping in head first? we're about to talk to the semiconductor leader about his deal with microsoft. and about the global semi short an, when is that going to be over? folks, tech is hot here at ces even as the nasdaq dog sells off but not on wall street, as you can see. down about 416 at the moment. the world is watching as the consu

. >> boeing is a former name, and it's one of yours, too along with booking >> boeing's had its issueoeing has had issues, and in this market if you're looking for a place to buy something that hasn't worked and it is likely to do better in 2022 and perhaps do one of the better performing stocks in 2022, you can look toward companies with exposure to travel reception and the company has had its challenges over the last few years and we think the resolution to some of those challenges could end up being a catalyst here in 2022. in particular, it's reinstated in china and that could be a real game changer and china is an important part of the aviation market and it's estimated to make up about 10% of volume over the next decade or so within the aviation business, and then secondly, the 787 production problems we think should also be resolved this year and that should be also a catalyst here and lastly, just the resumption of air travel and there has been domestic travel picked up and international has not been as strong and we think if we can mova past the pandemic that we will see a si

the cutter airways group, signed with boeing for $2020000000000.00 deal. one of the largest deals of falling aircraft has ever had, and it will support tens of thousands of good pay us jobs here in america. cutter is a good friend and reliable and capable partner, and i'm notifying congress that i will designate, cut, our as a major non nato ally to reflect the importance importance of our relationship and a small overdue. and i want to thank you again for being here and for making this trip up for you, your commitment to our friendship between our nations. and i'm looking forward to our discussion. well, thank you very much, mr. president. good afternoon everyone. i'm very happy to be here. mister president . 2022 is a very important year at the marks a 50th anniversary article about relationship between katara state of america as a very strong relationship. and we're very proud about it to our very progress we have achieved. of course, this afternoon, i'm going to be talking with a president about different topics, mainly about the security of our region

david: so you run boeing's defense and space business. what you're hearing as you talk to your international customers, customers generally about america's staying power and when the question comes up, how you answer that. how you say yeah, we're here for you today and we'll be here for you 10 years from now? >> well, thank you for the question. and it's just such an honor to be on this panel with admiral aquilino and general richard sop. we owe them incredible debts of gratitude for everything that they do every day for us. and as industry, you know, one of the big lessons for us has always been that our proximity to the fight doesn't define our contribution to the fight. and so we view ourselves as an extension of the services. we do so as wanting to be there to provide the equipment, the tools, the training, the services and the forward thinking and our own investment strategies to enable that. that ties directly in to what we're hearing around the globe. and despite the pandemic, we have maintained operating rhythm where we are talkin

a company like boeing. whether that is going to complicate your life as a you are peons move into their own space, to saying that we are going to be cooperative with nato, we want our own. it's not going to make life harder for you? >> i will start by saying competition is good. you know, i think it is really important to recognize and this day and age our ability to turn technology faster, to bring forward more innovative and creative solutions as critical. it is not just the weapons system itself, it is the interoperability. as we think about moving forward with nations who have desires for different products and services, those they open up the competitions, many times to the global landscape as well. so, we are competing at home and abroad. it is up to us as an industry to be proactive, to look at where there is leverage opportunities, that interoperability is so key because when the conflict happens, very rarely do you not see allies coming together. even if they decide that they want to go invest and

now you may remember the company was formed in a joint venture between boeing and the flying taxi company, kitty hawk back in 2019, which is co fire, co founded, funded by the co founder of google. now the company has looked to set itself apart by noting that while its top competitors, such as william and joby, the ation have gone public by merging with specs and recent months. risk ero remains privately backed and is quote, one of the most well funded advanced air mobility companies in the entire world. now, as for the timeline of when we might get to see those flying taxis, well, that's up in the air as the f a has yet to certify any of these products for commercial use of now we are finally getting the closest thing maybe in the future we've ever gotten to flying cars and one way to look at it. absolutely had it feels like 2 years ago, pre pandemic, we were doing a story almost every week on boom bus about here's the future applying taxes. these are all the companies you have over, you have left everybody's getting involved. but the reality is that kind of depend never kind of pushed a