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the new ink business premier card from chase for business. of what's yours. yvonne: this live press briefing in hong kong. we are looking at pictures of the ceo of byd talking with reporters. record ev sales. that income jumping from a year earlier. certainly one to watch here. the stock is up. they have received 50,000 orders for one of their brands. let's talk more about the eb sector overall and bring in bain & co., raymond tsang. thank you so much for joining us. this seems like this whole transition phase when it comes to ev apco is in full mode right now. -- eb's is in full mode right now. >> if we look at the market as a whole, the first quote of the year has not been as easy for most. the bottom was down making the first two months a the year. and we are seeing the prices in the market has dropped quite a bit. it triggered a more dramatic price competition. we have seen the ev penetration in the market has continued on its trying to reach 28% of the market. -- trend to reach 20% of the market. yvonne: you mentioned about the price war

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the new ink business premier card from chase for business.re of what's yours. s. >>> liberals are delighted as trump's been indicted. just a few hours ago the manhattan grand jury voted to ind indict former president trump. that makes him the first u.s. president to be charged for a crime. breaking some glass ceilings there. the case centers around trump paying hush money to stormy daniels way back in 2016. a mediocre porn star to be clear. star is a little strong. actress, okay. a case federal prosecutors dropped but it's become. will economic woe lead to trump 2.0. a fox news poll found inflation to be the biggest concern among voters followed by running out of nature of balance capsules. three quarters aof rej sgistere voters say inflation caused them hardship. larry can barely afford to feed his koi fish. other koi fish. needs his koi fish other koi fish. >> we got it. >> that's expensive. >> they wanted to give it an even worse rating but they couldn't afford it. when told the american's hardship, a spokesman said a few million bucks fro

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the new ink business premier card from chase for business.ake more of what's yours. 92% still active? seems high. seriously? it's just a bike. wait. they make a treadmill with an intuitive speed knob? yeah. want to try? 92% stick with it, so can you. start a 30-day home trial today. terms apply. shery: we have now seen tech extending those gains in today's new york session after the best weekly gain already since november. this is not what you might think we expect given banking turmoil but you can see the line on a blue going up as opposed to the other sect or's we have been following. big technology holding support but it is breaking out of its near term downtrend paired our next guest says the fed is likely to be less aggressive in the near term and that could bode well for tech names. we discuss with the ceo and cio of defiance etf's. we continue to see the stream of negative news coming from the sector especially when it comes to layoffs but what do you like about this sector? >> great to see you. we have seen 109,000 people laid off in

the new ink business premier card from chase for business.f what's yours. >> america is under attack, our nation is being attacked by foreign powers called drug cartels in mexico. this is the largest attack on american homeland by foreign power in the history of the nation. 70,000 americans. >> poisoned by fentanyl last year. we need to take the gloves off. they're at war with us, we need to be at war with them. >> we are attacking the cartels and smugglers like never before. we are seizing record amounts of fentanyl at our ports of entry. maria: that was south carolina senator lindsey graham grilling alejandro mayorkas during judiciary hearing yesterday. he was reading lines to say it doesn't make me feel good to see the homeland security reading line that is he's doing what he can to the drug cartels. joining me right now former texas congresswoman and americano media senior political commentator mayra flores. thank you very much for being here this morning. you saw that exchange. senator graham calling fentanyl crisis a poisoning of americ

the new ink business premier card from chase for business. make more of what's yours.ishaad: that is the picture at the moment. the dollar coming back after recent losses, a minor move to the upside. the yen under pressure. also gold on the way down as the greenback has strengthened, and certainly the yuan, 6.9 at the moment as well. a fairly flat picture for currencies as we await more and more on the noise emanating from the u.s. central bank. haslinda: that's right. ubs shares rallied insert following the announcement of the return of sergio ermotti, saying the credit suisse takeover is the biggest since the 2008 crisis and needs sergio ermotti at the helm. we have more from our financial reporter. to borrow your phrase, ubs going back to the future, going back to the man they know so well. >> some analysts are calling at the return of the jedi. the ubs chairman said he was appointed because he is simply the best pilot to take ubs into this next voyage. he is also swiss, which helps them up because we understand the government prefers a swiss national to be at the h

the new ink business premier card from chase for business. make more of what's yours.nne: live pictures out of cape canaveral. a look at the launch of the world's first 3d printed rocket. this is by relatively space. this is the company's third attempt at left off for this rocket -- lift off for the rocket. 85% of the rocket is made from massive 3d printers. 30 seconds until launch. the last attempts were aborted. probably the biggest test is the fact that it is a 3d printed structure and if it can withstand the dynamic pressure while going through the lower atmosphere. weather conditions seem to be good enough for the launch today. hoping the third time's a charm. here's a look. >> lift off. >> look at that blue fire. there you go. third time attempt to when it comes to the first 3d printed rocket and the company behind it, relativity space is based in long beach, california. we will see if the third attempt can continue to fly. >> can you hear me over the cheering? the vehicle is headed in an easterly direction over the atlantic. >> so much excitement. i do not know

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the new ink business premier card from chase for business. make more of what's yours. >> and this is varney and company and good morning. 10:00 eastern. not that much price, >> the nasdaq is down. we don't see much action, the 10 year treasury yield is moving up this morning, a few days ago they were at 333. oil is $69 a barrel, bitcoin, $28,000 per coin. at the markets in advance of the fed's decision. a banking crisis and high inflation at the same time. jay powell has to deal with this, at 2:00 eastern this afternoon. i'm not going to guess what he has to do. i'm more interested in why we are in this mess. that might give us an idea what to avoid in the future. spending money and printing money. that is what got us into this. president biden moved into the white house in january of 20 one, never stopped spending since. when inflation started to pick up in summer of 20 when it was transitory. he kept spending. he met with jay powell and appointed him to a second term at the federal reserve. inflation hit 9%. biden laughably brought in the i

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the new ink business premier card from chase for business.f what's yours. stuart: ah, do you remember the white house press corps when trump was president? reporters went after him any chance they got. hay screamed at him. but now that joe biden's in office, the press corps is quiet. there's no real fire or challenge there. just watch this. roll it. >> reporter: how does the president view his roll when it comes to what's been happening -- [inaudible] >> reporter: you've said over and over again that immigrants shouldn't come to this country. instead, the perception is that got you elected as a moral, decent man is the reason why a lot of immigrants are coming to this country. >> reporter: do you believe it should take 60 votes to end a filly filibuster -- >> the president had plans to take some down time, and i was wondering if there was vacation on the books? >> reporter: why is it important for the president to visit his delaware residence so frequently? stuart: tim graham joins me now, guy on the right-hand side of the screen. tim, is the

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the new ink business premier card from chase for business. make more of what's yours. stuart: spice girls, 1/4 century ago or something. we are trying to get young people on the show. good morning. it is -- i heard of it. lauren: what group is great for young people? stuart: i have no idea. we are getting stuck. good morning, everyone, 10:00 eastern. let's get to the money, not that bad. running on the left-hand side, down 120 on the dow, it could be worse. now look at this. the yield on the 10 year treasury plummeting, now is 336. a few moments ago it was 329, that is a huge decline in yield, something you don't see very often in the bond market. put your money into treasuries, goes up and goes down. wears oil this morning, $68 a barrel, where is bitcoin? hovering around 27, 28,000, 27-9 as we speak, that's the markets this friday morning and now this. this is a story that just will not go away, the shout down of a federal judge at the standard & poor's law school, it is important, finally we are waking up to how far the woke mob is prepared

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