the boeing ceo has 400 planes in storage. is that the ticket out of boeing's underperformance? i do not necessarily think it is the ticket but a big portion of recovery. that is a lot of airplanes stored in inventory that absorbs cash. boeing will do a better job at generating cash as they get those planes delivered. the challenge is a lot of them, we think over 100, 150 or so, are slated for chinese airlines. china still has not authorized the max for flights inside china. that is a big challenge and that is why they talked about that on the call today. china's willingness and the timeline for reauthorizing the max there. jon: in terms of this inflationary impact, george, where do we see that mostly impact a company of size and scale like boeing? george: boeing i think can find a way to sidestep a lot of the inflationary impact. a lot of their supplier contracts are longer dated, they buy materials over multiyear periods at fixed prices. i think boeing is in good shape for sidestepping the initial inflationary impacts. if they persist, they will have to reset those contracts a

led lower by boeing. the moves of the stock market as of late, despite many saying it's a safe haven from inflation dom chu has more on that trend hey,dom. >> to your point, what's interesting about this, at one point, crypto prices and bit counsel in particular were actually inverseinseriously, org in the opposite direction. this is the white line here is bitcoin. the orange line is the invesco qqq trust, which tracks the nasdaq is 00 you can see at some point, they actually moved in opposite directions on or about the summer they started to converge, almost lock step together, so they're fairly tightly correlated it brings into question some of those crypto prices, especially bitcoin, are some of the uncorrelated assets that move independently of the market. as for the prices of these bitcoin-related stocks out there, there's a huge focus right now on what's happening with regard to coinbase global, which is the biggest -- robinhood markets, which on its platform has crypto trading as well, and microstr

hey, remember the documentary about boeing >> yeah. of course. >> anyone involved with boeing should have been let go after the documentary. anyone >> we have to bounce, jim, to farmer jim >> that was good >> you fired everybody up, then jim was all fired up because you were fired up. now, believe me, after listening to this, calhoun is probably fired up based on what you guys said. >> he compared it to intel oh, my god talk about benchmark of pain >> if calhoun was making $170 million this year, it would be compared to intel. >> you're talking about ben simmons territory. >> let's take a break. we have big mofs that jim cramer's charitable trust has been making. we go through them for you get you ready for ford jim loves ford right? paypal, qualcomm coming down the pike half time back in two. i may be close to retirement, but i'm as busy as ever. and thanks to voya, i'm confident about my future. voya provides guidance for the right investments. they make me feel like i've got it all under control. [crowd cheers] voya. be confident to

so in these cases and in boeing's who winds up paying the difference, boeing shareholders will keep some of it and government taxpayers, though it's bit. >> economist doctor stan smith says hindsight is 2020. i think that i think they have a responsibility to submit a bid and good chase. but sometimes there's things that are just anticipated. and, you know, covid to speak to >> that was rudabeh shahbazi reporting for us tonight. >> and now kron 4 sports. >> neither the forty-niners or the raiders have a first-round pick. but today is the first round of the nfl draft. it's going on as we speak. the niners, the raiders will select tomorrow. the jacksonville jaguars, they had the first overall pick. >> in the 2022 nfl draft. the jacksonville jaguars, select. trayvon walker. >> trayvon is really good player. he really upped his draft stock during the college football playoff. he had 10 of his 29 pressures in the 2 games, including a season-high 7 in georgia's title game victory over alabama. he had sacks in each game and they gave him a career-high 6 sacks on the season. now, as for the dram

what about the boe versus the ecb?en: if you are talking about the fed and boe, the primary one you have to look at is cable. this issue of the boe not having monthly meetings is a bit of a headache for the mpc right now because there is a clearly a risk of the bank falling behind. if the fed goes an additional 125 basis points by the end of july and the boe moves in increments of 25 basis points at the next few meetings, it will be something like 50 basis points or so below the fed by the end of july, which is going to mean that one of these next meetings of the boe, there is a considerable risk of a 50 basis point move and this situation for the boe also ties into the dynamic for the ecb. these central banks do not want to be caught too far behind the fed if the fed is going to tighten faster and not going to pause anytime soon, that potentially puts these currencies under pressure versus the dollar. if we have other factors a line, which prompts fx investors to get more along of the dollar. they certainly don't want

we got to talk about boeing. if stock selection is more important than ever, then getting it wrong hurts more than ever, right? i know we've talked about it in the past are you still a share holder >> we are still a share holder are in fact, i like the set up now for the rest of the year it's the tale of two cities for our portfolio that i own visa, microsoft and boeing but on the boeing side, they really have written off about everything and there's three good things that are going to happen between now and year end. we have an analyst meeting in september and china should finally recertify the 737 max. those three things could easily lead to much better prices from here i think today is a 7% off sale and should be taken advantage of >> one follow-up comment it's pretty damming if you're in a duopoly and boeing and airbus are basically the only two games in town. >> i would push back and say that's true. but if the government doesn't let you sell those planes, you're not going to be able to makeup the ground and

boeing a loser, down 9.4%.ell-off yesterday alphabet down had 4% on earnings we'll be right back. trading isn't just a hobby. it's your future. so you don't lose sight of the big picture, even when you're focused on what's happening right now. and thinkorswim® is right there with you. to help you become a smarter investor. with an innovative trading platform full of customizable tools. dedicated trade desk pros and a passionate trader community sharing strategies right on the platform. because we take trading as seriously as you do. thinkorswim® by td ameritrade hybrid work is here. it's there. it's everywhere. but for someone to be able to work from here, there has to be someone here making sure everything is safe. secure. consistent. so log in from here. or here. assured that someone is here ready to fix anything. anytime. anywhere. even here. that's because nobody... and i mean nobody... makes hybrid work, work better. >>> the u.s. dollar has been on an absolute tear lately. the index at the highest level si

kate, thank you. >> let's hit boeing.ter it reported it delivered nearly twice as many jets in march as it did in february the company did remove 141 jets from its backlog, due to sanctions on russia. let's bring in the equity analyst at cfra. what do you make of the delivery numbers? >> hi, sara. thank you for having me. i think it's a pretty pleasant surprise for boeing. 37 single aisle jets came in in march or were delivered in march. and the sort of common conventional wisdom has been that boeing would need to kind of mid-2024 to get back to the mid-40s number on single aisle deliveries if you think about delivering 37 in march with a war in europe, china shutdowns, inflation shortages, all of these major pro problems, and they're already at 37 in a month like march 2022, i think they're going to be well ahead of what people expect. it's a really good number. >> because ofthe increased travel demand. is that the why? >> i think what airlines are starting to see is demand is come back way quicker than they expected so

went to court, when in holland on the malaysian boeing. are senseless come out with evidence. so go through the next one. let's do it. so they don't want to hear anything. we will return to the reaction of the west and to the discussion of these events. now alexander kofman, chairman of the public chamber, is in touch with us, and the dpr hello alexander, what happened on april 8. how can you comment on this in your opinion? i will not go into conspiracy theories, talking about sacred sacrifices or the symbolism of names. ukraine needs to increase the degree of aggression between the parties to the conflict ukraine needs to show everyone european and american worlds are permanent victims, peaceful victims of conflicts, in fact, for a european or american layman it is absolutely indifferent who is to blame for the shelling is a fact. unfortunately, the european american layman does not understand the difference. between donetsk between the army of the donetsk people's republic or the army of the apu. for 8 years we have been trying to prove

the last thing before we go, boeing's bad deal.oeing ceo today told investors they should not have agreed to air force one deal back in 2018. the first quarter of this year alone, the company has lost $660 million bucks related to that very contract. as politico explains, quote, instead of negotiating a contract that protect the company from changes in supply cost and other factors, boeing and trump settled on a fixed price contract that forces the company, to carry the risk and not charge the government. as you may recall, trump was very proud of that deal. >> i was going to say how much this cost me, which we ordered, which we should been trying to order for a lot of years. when we got here they were going to spend a lot more money than we spent. and i'm good airplanes okay, so what's the price? 5. 7 billion. i said, you've got to be kidding. i said boeing, i'm not gonna pay that price. and i said, i'm not paying cancel the contract. and then all of a sudden, it started dropping like a rock. and we agreed to $3.95 so that's the s

boeing also announced it pushed the first deliveryof its newes passenger jet, the boeing xxx-7 -- or i could say 777-x by at least another year to 2025. boeing stock down more than 7% on all that news. >>> and apple opening its do-it-yourself repair store. the shop is a place for apple users to buy parts and tools and get step-by-step instructions on a number of apple iphone fixes apple reports it isn't offering tech support at all for the self-repairs so if you open that iphone, you might be on your own. >>> on wall street, quieter today. the dow up 62, s&p up 9, the nasdaq flat a day of its worst single session loss since 2020 >>> i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news russian businesses trying to profit from american companies boycotting their country los angeles police officers testify in the defamation trial between johnny depp and his ex-wife, amber heard the body cam video and why they never filed a report. >>> but first, the highest ranking republican in the house of representatives addresses the elephant in the room. >> kevin mcc

where does this leave the boe? do the ease off on the hiking cycle?: like the ecb, they are in a difficult position, the forces are pulling in opposite directions. i suspect they will raise rates in may and perhaps in june. after that, there is justification for a pause. i'm not at all convinced u.k. policy interest rates need to go up to 2% by the end of this year, which is what markets are expecting. you see a change in the bank of england presentation in the last two months. when they first raised rates, they were looking to a 50 basis point increase, and at the last meeting, everyone voted for an increase but there was a lot of comment about the income squeeze your head letting. -- income squeeze you are highlighting. you might see justification for calls for a pause. tom: uncertainty amongst policymakers in the boe, may and june in the cards but maybe a pause after that. thank you, stewart robertson, senior economist, aviva investors global services for walking us through key economic points. let's at the bloomberg first were news. laura: more th

take a look at shares of boeing.ll be reporting its q1 results in about an hour what are we seeing that's first and foremost in minds of memories we're talking about the p 37 max. is the production rate increasing as spectsed they're going to be purking out first deliveries, how much will it be. you have the 737 dreamliner. that's the plant we're at right now. we'll talk about that on "squawk on the street" with dash calhoun. lots to discuss. i'm glad to be back in the field, live her in charleston so we can see it and when thids mike might resume. >> we will see you in just a little bill. thanks, phil. >>> getting back to the markets, major averages were batter and bruised yesterday even after what happened yesterday. the s&p 2500 losing more than 2% the but the nasdaq suffered the most, plunging nearly 4% by the close of trading tech earnings could impact markets after the closing bell alphabet reported earnings at missed expectations. while mochlt earning beat the street for more on the markets and earnings, let's

and at 3:30 p.m., boeing will announce first-quarter delivery figures. and opec oil will release its monthly report. manus: coming up, timothy graf will talk fed, markets, and cpi. that interview is next. dani: we will also be discussing the red-hot inflation ahead of ecb's decision on thursday. all of that to come. this is the bird. ♪ -- this is bloomberg. ♪ >> we do not have a policy role for every segment of the population. we do not have one for every industry. we have one. it is called the interest rate. that is really it. it is a brute force hammer we use on the economy and when you have to use a brute force tool, sometimes there is some collateral damage that happens. we are trying to do this in a way that there is not much of it but we cannot tailor policy. dani: christopher waller saying some damage is hard to avoid from raising interest rates. joining us for the market conversation is timothy graf. great to have you on the program. we listen to what waller said and we heard charlie evans yesterday. is this a fed willing to risk economic damage

you see, the malawian boeing and now they are silent.ugh they could prove, uh, to the nearest meter. where did this dot come from? because all such launches are recorded, and american intelligence knows perfectly well who launched this point. e. now, of course, all dogs will be hanged on the russian federation well, all the sanctions after the storm were efforts, and russia began to be studied there and in some international organizations, it itself is starting to leave, of course, zelensky wants continue. here it is in quotation marks forward movement. no, pressure on the russian federation and for this, but all, uh, are good. uh, ways all are good actions. well, we know already some kind of new mass graves that are being opened up, who are trying to expose them as a villain in the russian federation, some completely crazy data on rapes are already being published there, that is, well, i saw all this, how it was moving forward in the russian federation in the kiev region how we treated civilians. well , i'm here, uh, i swear and here's

oh, my god, way better than expected tremendous card growth themal exception boeing russia they had to walk with away from it despite a considerable loss from shutting down russia, vees issau's numbers were so good how did they do it got to stay tuned. right now, when you think of visa, you should think of this next how about microsoft. here's a stock that was down hard in after hours trading because a new service had an erroneous account that azure's cloud business failed to meet expectations they still trade off this stuff no matter what i do. should i give up just one moment. my executive producer, how many years have i said don't trade after hours if you don't know what you're talking about? 16 years i wanted to clarify that like visa, microsoft had a weakness, in high single digits. whoa, scary. the rest of the business is firing on all cylinders. that's why microsoft was initially down hard and ended up jumping nearly 5% today. so, all right. now, how about, yes, the ill fatd and we know this from watching a netflix show about chess. we don't remember anything from netflix anymor

to see you and be with both with you and kelly a cup evaluate s&p 500 companies are reporting and boeinga re-open name and we know the airlines reported okay results and it was very, very strong on traffic trends, on pricing and capacity this story also trades on the recovery of 737 max which happening is and the 787 deliveries which i think will be second half 2022 and that's what the rumors were over the weekend and while the sea of cash burn this quarter, i expect them to reiterate 5 billion to 6 billion in free cash flow for 2022 the stocks have lagged and i think this is their year to see a recovery. >> let's talk about a company that's like boeing and that is general electric >> yes, this is a re-open, too, and they broad engines to boeing or airbus, and aviation has been theiring their strength over the last months and it's been soupply constraints easing for them and power, they're doing a good job on cost controls and this, too, tyler trades on free cash flow and 5.5 to 6.5 billion is the bogey. >> let's move on to the next one which is mcdonald's. it has been in the news lately

boeing is to build two r force ones for a $4 billion contract. further news of the regions, do not switch. together the capital region continue the morning in moscow in the morning rain sleet and strong wind gusts can reach 15 meters per second in the afternoon the sun will come out the air will warm up to plus four six degrees pressure will remain low 738 mm hg. a noticeable warming is expected tomorrow to +13°, on friday the temperature will rise to +16°, but precipitation in the coming days will continue. street lighting lighting of buildings in the capital switched to summer mode of operation now, due to the increase in daylight hours, the lamps turn on later turn off earlier dispatchers are guided by the level of actual illumination start-up occurs at the same time turn off in different ways at 11:00 pm residential buildings cease to be illuminated at midnight administrative buildings. at one o'clock in the morning the vestibules of metro stations and at 3:00 bridges in the city center. an unusual rescue operation was launched on zvezdny bou

we all have gotten used to boeing being ugly. i expect more ugly the thing is, it should be the ultimate reopening trade as all the airlines are short on planes they need boeing boeing needs help from faa and dream line given the recent track record, i get where the regulators are coming from. it will say that, what can i do. the stock has been cut in half i think that the will miss the forecast i think they will cut the -- miss the quarter, cut the forecast then they got to buy i'm keeping some power dry to do some buying for the charitable trust. if you subscribe, you get the call before we do. like many of these names have mentioned, i'll have extensive commentary on facebook quarter for the investing club we have been doing these things at 10-20 for members only. we'll spend a lot of time on facebook maybe even some coal orders. i don't blame them they replace it with natural gas to get the natural gas from russia they are financing putin's war efforts. who knows between that and the elevated price of gold, using a lot of cad

boeing biggest contributor walmart then, american express, microsoft, nike.nd 3m in the red. nasdaq decline from yesterday. up next, breaking down the market a split performance of s&p 500 constituents and that-of-what that signals about the market's nest move. later, interview with chrrhrrist christopher waller. back in a moment. 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 hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this. your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, like asap! so basically i can pick the right plan for each employee. yeah i should've just led with that. with at&t business. you can pick the best plan for each employee and get the best deals on every smart phon

i think boeing is having a really tough time.ing put on hold and we still haven't heard anything about that, and now they've announced a pause for the 777x, and all of these one after another speaks to the idea that boeing got pretty lax with their safety standards and they had an enormous backlash after the 787 max airline crashes, and so this isn't the sort of industry where you can just fix it on the fly these are lives at stake and it is going to take the company a real, sort of naval gazing exercise to figure out what they're going to do and it's going to be an expensive proposition and they're in debt. >> they're teetering right now >> that's kind boeing at $150 a share gina, thank you, have a great weekend. >> gina sanchez with three buys and a bail tesla down after musk sold shares to help the twitter takeover where is the rest of the cash wel congro 'lhave details next. make thinkorswim® even better, we listen. like jack. he wanted a streamlined version he could access anywhere, no download necessary. and kim. she wanted

shares of boeing dropped 7.5%, after the plane maker reported a bigger than expected $1.2 billion loss of the first three months of the year. among the drains on its finances, a charge tied to the war in ukraine, and a $600 million charge for a 2018 deal for new air force one spleens that donald trump negotiated at a loss for boeing. the manufacturer said it would parts production of its 777x plane which has not been certified through next year and said it doesn't expect deliveries to start until 2025. the central african republic adopted bitcoin as legal tender, along with the french-backed cfa franc. it is the second country in the world to do so after el salvador last year. the president healed the move as "putting it on the map of the world's most visionary countries." but it is also one of the world's most poorest countries. it has close ties to russia, whose wagner mercenary group is meant to be active in the region. the introduction of cryptocurrency in the central african republic could set the stage for more money laundering or fraud in the region. energy is not the only commo

boeing down about 1.25%. separately, morgan stanley cut its price target to $230 a share. at 175.68. >>> bank of america upgrading shares of kroger to a buy, and look at the stock right now. that's a record high. it's jumping 333% to -- 3.33, analysts expecting elevated levels of grocery inflation to continue as world food prices jumped nearly 13% last month to a record high. grocers wall chart and albertsons are also on the move to the upside. >>> after impressive gains on thursday's berkshire berkshire hath announce, the buffett effect has slightly warn off for hewlett-packard. hp shares down 3% after ubs said, you know what? time to downgrade the computer and printer maker to a neutral. analysts cite weakness in the pc market and slowler stock buybacks. -- slower stock buybacks. buffett's company has an 11.4% stake in hp causing shares to skyrocket. and speaking of buffett, the oracle of omaha is now, according to one venture capitalist, the sociopathic grandpa from omaha. yeah, star venture capitalist peter thiel throwing a verbal box and even putting up a whole, you k

uh, a clear analogy with the crash of the boeing mh17 in july of the fourteenth year.ber her, because at that time the western countries were european western countries, well, the drivers strongly hesitated about any tough sanctions against the russian federation then there was a package of sanctions that were against the crimea. well, that's all, and then the boeing crash happens and russia is just mordor, this kingdom of evil. the empire is evil there, as reagan said, and everything fell down. uh, package after package of sanctions. here i have a clear analogy that in the butch we are seeing an absolutely similar picture. vasily nikolaevich , as a person familiar with subordination from within , the order for such a provocation should be given by the supreme commander-in-chief minister, head of the sbu or it may be arbitrariness that now in ukraine they are called terbats. who decomposed the bodies, who killed the people? no, of course, it does not smell of arbitrariness on the part of state structures here. it's clearly sustained. uh, a team from the top. and i even

yes, we will see for apple callo 40 in 30, if boeing the answer to with until 2013 state owned petroleum to venezuela was rank number 5, among the most influential oil companies. the oil price plunge struck venezuela's economy in 2014 strike soon followed. since 2015, the white house is blocked vin, as well as access to american financial markets, from the central bank of venezuela was cut off from international transactions. later, public debt operations were banned as well. the finishing blow to the economy was a ban on trade with the state oil company petroleum to venezuela. as a result in just a few years, oil production decreased almost 5 times a year for a policy. and i give people figure out who i love or your buddies are more young on confirming young for you, it can from quite a few or can i to lower her so let after a poor neighbor i'll will helene, from the orbit, paying a lot of people barely for europe at the really electing. nope, when saving for bow hold, for a bill or her 1000 petroleum to venezuela, fell into disgrace off the 2018 when madura managed to get re elected fo

the boe is a question mark at this point, but the fed will be hiking this year potentially. kristine: i am personally interested in the story because that throws up a lot of potential opportunity for investors. a lot of potential divergences in markets as well. we are already seeing in currency markets, though central banks are emphasizing easing, in a world where a bunch of other central banks are heading toward a tightening path, their currencies are being punished. the yen a prime example of that. a weak currency is not necessarily a bad thing for economies struggling to recover from the pandemic, but it is a short-term negative when you're also an energy importer, grappling with a sudden energy jump in inflation, which japan is. anna: thank you so much. coming up, france issues an international arrest warrant for former nissan motors chairman carlos ghosn. we will talk with him in a few minutes, get his take on the arrest warrant, and ask him about the auto sector right now. this is bloomberg. ♪ ♪ anna: welcome back to bloomberg markets. barclays says first-quarter earni

let me get to hands down boeing. this is a mess. the planemaker down 8.6% that's not even the worst of the session here, this is the second day in a row of losses, so boeing unlike a lot of these other stocks has not been able to at least turnaround a bit, since monday tosses close it has seen some 13 billion in market valuation vaporized. the ceo dave calhoun said that the company missed q 1 profits by a mile and also had a surprise revenue decline, wall street doesn't like those kinds of surprises and it's pushing back delivery of its 777x passenger jet by a year to 2025. so boeing right now, down $14.79 to $152. no comeback for alphabet easier. the google parent is also falling here by about 3.7%. languishing close to the bottom of the s&p, actually even worse than twitter right now. the search leader missed on revenue and while wall street is chopping price targets right and left, many analysts are still maintaining their buy or overweight rating on alphabet. now, flip it over to the majors once again they are all comfortably in

boeing this is not us. uh, mariupol razed to the ground. it's not us, a rocket is flying to odessa.s us, well, not really, we're not all of us. and what are we doing there? you can explain this here, he sincerely says everything, well, i, frankly, am quite intelligent. you can even say in some places the intellectual maxim is absolutely intelligent and very well educated, and how to say, a linguistically savvy person and, of course, he analyzes what is happening, i can explain this only by the fact that he is a fundamental choice for himself. the further life path is made. i think that the stake for him is quite high, but he understands that he is losing a huge audience of our country, but basically losing his speechlessness, a certain segment that is fronting. e. or, so to speak , negatively, those who are inclined towards our state will remain and this may be part of his some kind of internet audience, but in practice he breaks, thereby breaking ties with e, with his native country with these statements. perhaps, assuming that the whole situation will lead, as he believes on perha

he also lost control in costa rica, a cargo boeing went off the runway and broke in half. almost 200 people were evacuated by the russian military from the kherson region to the crimea; these are citizens of russia, ukraine, near and far abroad, they were all organized by bus from the central square of kherson to the border with russia, as specified by the ministry of defense, the evacuation was organized at the request of embassies and at the personal request of residents, the calm city is guarded have all the food. the only problem with medicines is absolutely calm townspeople walking in parks. now it's warm, we're just out of the cream, then we'll go further to my aunt 's home in adygea, i climbed up to the house. and we were scared in kherson, if he gives out humanitarian aid, then he wants to receive the most needy. i see how it is pumped up in the world. all this is nasty, if nothing good, unfortunately will not happen. another 300 people of the russian military were taken out from under shelling from two villages on the border of the kherson nikolaev regions, more t

boeing shares down 8.5%, ty. >> that's a day for seattle companies or seattle area companies.&p down more than 11% so far this year. the index'sforward p-e ratio has fallen from above 21.5 in january to below 18 today. that could make some stocks look attractive if you're hunting for value, but the key is to avoid the so-called value traps. let's bring in sarat setting sethi. let's give the viewer an idea of what's the difference between a true value stock one selling below its intrinsic value and a value trap that may be selling at a low price because it deserve a low price. >> right you have to parse it in a couple of different ways. one is -- the easiest way is to look at the balance sheet. value balance sheets start to deteriorate because they are less than what you expect. we have cyclical industries and they can end up as value traps because the business itself is deteriorating and margins are coming down and what investors had basic be basically forecast and they did not take into account the the higher interest rate costs and then you see a multiple contraction and som

how many planes does he need to produce, as a rule, the guys from boeing work for him, they say suchy, in general, honestly, never at all, because they have a printing press. well, why worry, you can give a state order, for example, or not give the same soldier, you can give it to another company, but i'm not talking about that. i'm talking about that, uh, when we started arguing now. yes, i'm talking about that, you just need to pay attention to the possibilities of a politician - this is an art. maybe. you understand, when against you, the enemy, who has two zinc with cartridges and you are your slip. you see, in each zinc there were 660 rounds, and in the pouch there were two magazines of 30. so, when a young fighter took and pulled the trigger, he fired 30 pieces. uh-huh why did they hit him on the head and said on the helmet, or rather, they said three on target, well, i myself did three on target, because in short bursts, but to shoot now, just waste it, so to speak, the way you were invented in the kalashnikov assault rifle ingenious system. in the same place, you paid attenti

boeing wants to drive up the costs of developing new aircraft.s it one of the world's biggest. almost $34 billion. >> we have a bit of a mixed bag. samsung electronics did look at the earnings. jd electronics, big news at the top of the company. he is joining other tech tycoons. overall, markets are looking like this, u.s. treasuries. we will look at the app -- look at the upside. the nikkei leading. equities are to the downside and then we look at oil coming back. ♪ >> from the heart over innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in san francisco, and this is "bloomberg technology." coming up, from largest shareholder to board member. how elon musk's sudden moves at twitter raise alarm at the sec. we will have all the details. plus, as uber adds flights, dreams, even hotels. how the ceo wants to expan

boeing has agreements with amazon, microsoft, and google.ny plans to shift hundreds of applications to the cloud. internal testing on an edit function in the months ahead. the company said work on that again last year. elon musk started a twitter poll monday, asking if users wanted the edit function. that came hours after it was announced musk has become the largest shareholder. executives at jet who believe they can when antitrust approval for their takeover for. they also say they would pay spirit a breakup fee if regulators blocked the deal. spirits as they will evaluate the offer. two years ago frontier reached an agreement to acquire spirit. that is your bloomberg business flash. guy: thanks very much, andy. kaylee, i guess robin hayes is thinking, there are not many options left. as a result of which i need to jump in on this one put some money on the table as well for a breakup, but it is such a consolidated market at the top end that you do wonder if the regulators are going to look at this and say, the market is already heavily cons

perhaps if airbus and boeing don't supply us with, uh, spare parts from them or parts for repairs.earing apart. this is a parallel level of three planes. you can collect one. wouldn't we be honest in the situation, there are 2.000 there are twenty the seventh year, when our aircraft will just not be made. and these are all colleagues of our aircraft today. it is a dry super gesture of 150 aircraft that it flies and possibly a french engine. it has long french details. he has long been russian for a long time all this has changed. it has long been produced in russia regarding the entire mz-2109. we are also entirely russian, right now we need to look at how the budget is. let's look like this every superjet. what year was it released, of course, the early series they were really with foreign engines with foreign fuel equipment deeper and deeper. every year there is such a task. it is being executed. there is import substitution. today, the aircraft is almost completely ours, this applies to ms-21. the same story. today, the naspa engine, d14, is running and will fly, of course , we

adam: it is not impossible but it is not something the boe can get out of.ade a colleague yesterday. -- they made a comment yesterday. the important point for your viewers to understand is that the primary driver of inflation in the u.k. right now is wages. and that is when it is serious. it is the most important factor. once it gets momentum, it is hard to reverse. the way to think about the rugs that affect is that there is u.k., the euro area and the u.s., they all have inflation. but the euro area has had no wage fluctuation and that is because they had a better approach than the u.s. keeping people in their jobs than the u.s. the u.s. had physical access briefly and wage inflation because we did have this mess of having millions of people become unemployed suddenly and having them look for jobs. in the u.k., the u.k. is in between. it did not make the labor market mistakes that the u.s. did but it has wage inflation. francine: that is staff shortages. it is an offhand comment but the former pepsico chief said she could not get room service because the s

some people thought that it was tied in with boeing. say, i need you to be ceo. and darius might say, i like honeywell or somewhere else. >> are you call for a new ceo at boeing >> did i i am looking around. did i do that? >> is that david's ghost. >> well, darius is a fabulous ceo, and he has been completely denigrated, and nothing lasts up in this market, because it is a treacherous market, but we have been having some good quarters, and can i tell you that the worst quarter so far was boeing. >> worse than netflix, and worse than -- >> of the dow. now, it is interesting that there was a guy who liked netflix in the stock draft that we did, and the guy, ryan. >> ryan reynolds. >> and the name clearly, he was not having it. and he likes netflix. >> there are some. >> and he has three netflix movies coming. >> and layoffs in the editorial division, and of course, we have disney coming up in the coming days, jim. >> and look, disney is hated by everybody right now, and my charitable trust bought some on the way down, but we have describe

boeing hopes to restart deliveries of the 787 dreamliner.he company filed a certification of plan with u.s. authorities. work has been largely halted for more than a year because of small structural flaws. meanwhile, boeing and through more than $3.2 billion in the first quarter, worse than analysts expected. global news 24 hours a day, on-air, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm lisa mateo. this is bloomberg. jonathan: i live from new york city, good morning on tv and radio. the nasdaq 100 positive by one third of 1%. the s&p up .5%. yields higher by three basis points on the 10 year. the german bond market does not participate. euro-dollar, 1.0583. look at these numbers coming out of germany. the government cuts the forecast from 3.6% to 2.6%. here is the inflation glide path over the next 18 months payment 6.1 inflation in 2022. 2.8% in 2023. tom: how do you get there? the gdp is back to what we will call german normal, fine. inflation plunges 6.1. i get it, politi

if you look at what ula or boeing is offering, it is much higher.know that because nasa is transparent about its contracting awards. now thatsoyuz has gone away, you have a large body of private satellite creators who are looking at spacex as an alternative because they lost the ride on soyuz. guy: there are russians waiting for the astronauts that have just blasted off. we heard earlier on from nasa suggesting that relations would be cordial. is that what people expect in the long-term? what is the future of the iss? walk us through what is happening on the screen. ed: on the left-hand side is the falcon 9 booster landing on a drone ship in the atlantic. i am giving it a few seconds, but it looks like it successfully landed, which makes it the 86th successfully used booster in spacex's history of rockets. to answer your question, my understanding from nasa officials i have spoken to is that there is every expectation that relations aboard the iss with the four private citizens that you see and the cosmonauts on the iss already, it will be cordial.

boeing has multi-agreements with amazon, microsoft, and google. the company plans to send hundreds of applications to the cloud. global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i am ritika gupta. this is bloomberg. this is bloomberg. >> the fed will have to tighten financial conditions enough and when the fed has done that in the past, it has always resulted in a recession. that is not their intention. their chances are very low. tom: bill dudley, a piercing essay this morning linking the stock market and its level down the road is what the fed will or will not do. we will get that out on twitter for you and his comments were quite something. i want to make note, lisa, help me with the ruble. 80 come out to 130, and now back to 80. it has gone round-trip after the entry of the war in ukraine. lisa: it never happened with the ruble and what kind of market is this? can we call this any market that is effective of where rubles should trade? should there be more in

a boeing 737 cargo plane flown by german carrier, d h l. as rational, close rica, the crew was unharmed. the pilots learned air traffic control to a hydraulic problem shortly after take off the plane return for landings. getting off the runway breaking into 2 pieces we or france holds its 1st round of presidential elections on sunday. all show a tightening race as president manuel micron gambles on his economic record to win reelection or the bridge economy has enjoyed a strong post pandemic come back. and miss mccoy has pushed through business friendly reforms, but with inflation rising. so could the number of voters feeling left behind? the ws? sonya found a car reports repairs done year mark is a big believer in the future of french manufacturing and he insides. here we will manufacture the product. his company mix locking systems for aircraft engines using smart technology, most orders that the firm received chinned with financially, from the french government during the covered crisis. that helped it, whether the crash of aviation sect

than 6 percent and the rent their session are low and other allen stock also traded to the upside. boeing the play maker was the biggest winner in the del jones industrial average. i mean, clearly at the beginning of the year, the situation for the airline industry was the tough with ami kron not just the passenger side away from flying. but also you had crew members who had pilots getting infected and thousands of flights had to get cancelled. but things clearly got better, especially in march and the ceo of a delta actually called march the best month in the company's history. and so we are basically in records territory. and even if capacity is still not at 100 percent red, used to be before the pandemic, the airlines are capable of increasing the price. and that helps them even to deal with those sky higher fuel costs that we're seeing. and the outlook of also seems quite positive delta for instant, believe that they will manage to be profitable in the 2nd quarter that started now . okay, in quarter in new york for us the german government is under growing pressure to stop importing r

you saw boeing splitting up their billion dollars across all three.hen you start to go up into the platform later -- john, we talked about this last time -- three companies i see most often, snowflake, day breaks and amazon you move up to applications, they are about 365 office dynamics and work space. but amazon has a few apps. will they move into the sas space? there are lots of opportunities. these are the companies with multitrillion market gaps. it will be interesting how they play with the big guys the other thing is that acquisitions are not easy to digest i have a lot of scars on my back the draft record is 80 or 90%. you want to approach mna cautionly. >> that's interesting sanjay that's the tech side of it what about the boom in pe bios is there a danger that too much companies start doing now, particularly those who may not have as strong of a record in tech as long as you are aligned with management and have a clear plan, the yields can be successful could it be that easy? >> the ones where you have a company not doing so well, highly prof

so we have the flexibility to do that two, working with boeing, they're a terrific partner and as wehat we've not modified our capex guidance for the year of $5 billion >> so, all right back to stamping for a second. whether it be starbucks, amazon, these are companies faced with something i remember when i was growing up, they have union issues a lot of them, by the way, have nothing to do with wages, more to do with the way people are treated. i've always felt that southwest, because of the way people are treated, would not have a problem. but you hire so many at once is it a possibility someone says we have a real shot here, let's get the check off and take over southwest? >> well, the -- we've never had a problem hiring here at southwest airlines we've always had in the past upwards of 40 resumes per open position we still have an awful lot i think we're running 14, 15 open applications. so you have to work a little harder you've seen us raise our starting wages in some areas from $13 to $17, in some cases $20. we have not had a problem hiring you have to work a little harder the

ukraine is it seems like a distraction tactic, that kind of thing that we saw off to the malaysian boeing m 8. 17 was knocked out of the sky was down in the summer of 2014, where lots of various explanations were advanced that dropped the months of weeks. and i think the main kind of target, the main reason for those kinds of statements of bases to distract and to confuse are in the hope that people would lose interest and not, you know, keep their attention focused on these things. in the end, we saw that that dutch in special investigation was able to identify the people responsible for firing that book. miss all that brought that plane down, killing hundreds of civilians. it took years, but they got there in the end. and a lot of people i spoke to butcher gonna hoping that that's also going to happen here. there's already a lot of information being gathered and people being asked to tell the stories to the authorities. nick, thank you very much for your reporting. that was our correspondent, nick connelly in kia all those discoveries in boucher have prompted germany to expel 40 russian