important role in the currency portfolio that tesla handles it also has sold $23272000000.00 worth of cowen and that has contributed to a large pod to the very positive increase in revenue and net profit tesla has just posted it doesn't say of course what's going on in the car business there that that was at least not new enough to inspire trading for the tesla shares here in frankfurt they are pretty much flat a little bit on the bounce side. but for electrical make is everywhere there are of course still challenges how big is the impact the chip shortage for example in the lack of electric vehicle infrastructure. well all of the german com makers have said that they have problems due to the worldwide chip shortage which of course has to do with the fact that there's so much demand for electronic devices there has been so much demand for this chewing with lockdowns so the man from the makers of such devices was very high for computer chips and you know comic cars were sort of pushed back in the 2nd roll now. charging infrastructure of course is something that if you drive or if you. run ar

the company said it's considering him to be internet lawyer expert and social media solicitor your cowen assess the impact of the country's ruling. google doesn't care the company's filed to be compared to monopolistic google doesn't care about reputation because there is no real competition at all there google also doesn't care about a small a relatively small financial penalty because it's got plenty of money so the only way we can have google starting to care about this sort of thing is by either forcing the company to break up and start creating some real competition or and imposing huge penalties the realities that now they got caught again the australian court found them guilty of effectively cheating on their own customers. the question is what's going to happen next the question is whether google is likely to be detailed by these finding. after denmark announced it would be suspending use of britain's a string of vaccine the 1st country to issue a large right it seems an eager q. has formed of other e.u. states wanting to step up its stock. will contact denmark to find out how to

smartphones and whatever so there are different methods to make sure that the poor stay poor one has been cowen is asian of course the other has been regime change for the last 50 or 60 years whenever government in the global south try to develop its own resources so they were pushed away in iran in guatemala and brazil in chile wherever so regime change is one method and then there is also the debt mechanism which is quite structural adjustment to force countries into poverty by the mechanisms of debt if as the i.m.f. and world bank have recognized that they made some mistakes and in the past i mean i'm not sure if the people out there watching lucky enough to have some kind of pension i don't know any you won't be able to disinvest from them if they happen to me in mining interests that's all chapter on. rio tinto anglo american b.h.p. billiton on about the cold and that's used enough loans i mean. we have we have a picture of adam smith on our bank notes here in britain you say in this book that he's completely dead wrong about how markets work there is no inclination to boss or as he called

that the government might come looking for a bit coin but of course it could be interpreted that way cowen is out there stocking the government you know it's like. file swapping back in the ninety's on the internet some napster and then the subsequent generations of file swapping with bit torrent teixeira it totally destroyed the recording industry as we know it and they had arrived at themselves as streaming music services at a subscription this is doing the same thing the banks and central banks it will only destroy these institutions forever they'll never coming back and we're going to have a new business model based on picc line the sooner people wake up to the. the better i mean otherwise the pain that's going to be really hard for people like ray dalyell the chest he's got one foot in big cohen and one foot and you know jay powell says back pocket. i agree and look i don't want you back back i'm very much aligned with that point of view i think the only point i'm trying to make is that some of the young people who are filing into bit going you know are nowhere or not thinking through

now just spit cowen and co wired. how do you use it and how secure is a batch well money made in germany. 60 minutes on d w. 3 up to date don't miss our highlights. program online w dot com part. india's coronavirus crisis i d w e n u special will look at the dramatic situation and and and the impact on the triple mutation on the country how can the rest of the world how what can be done for the people and how can india bring the situation under control a special edition of d w news on the coronavirus crisis in india starts today at 11 u.t.c. on d w. 6. hello and welcome to focus on europe i'm liable it's nice to be back many of us are it's going to travel. again but the pandemic still poses huge challenges some travel agencies have found a nice market and are luring tourists to moscow for vaccine getaways the all inclusive deals offer luxury with a dose of russia's own sputnik the shot sightseeing at the red square isn't the only main attraction for their customers well they include this couple from germany heinz gar

we can do that with helane becker, cowen senior research analyst. got the business world, international travel, and leisure, and they all look different. can you walk us through it one by one? helene: business travel is kind of a tale of two businesses, or maybe three. one is small and medium-sized businesses. those of the folks who need revenue, so they are traveling. then there is corporate business, and that has not come back yet. maybe a little bit, but in general, if you are a big corporation, sales tend to come to you. you don't have to go out and get them. then there's conferences, which i notice are starting to come back. i am going to one this weekend, and aviation conference that i think starts monday. and world of concrete is apparently the first conference in june. that is returning to las vegas. so that if the business side. then you have international, and there's again, two different worlds. one is our hemisphere, where as americans are getting vaccinated, they few more comparable traveling, so they are going to the caribbean, going t

like you hinted at matt ramsey of cowen joining me. don't miss intel's ceo tonight on "mad money" at 6:00 p.m. eastern. >>> senate republicans unveiling their counter-offer to president biden's $2 trillion infrastructure plan today. it has a smaller price tag it's less than $600 billion. it does still focus on capital improvements to transit systems, roads, and technology. if some version of these proposals is ultimately passed, who stands to gain the most? how can investors benefit? kevin ma joins us. it is a great opportunity to talk about how to separate the signal and the noise what is likely to get passed who stands to benefit in and where? >> now we have seen the demo republicans counter-proposal to the democrats infrastructure plan the democrats plan calls for over $2 trillion in infrastructure-related spending whereas the republican's plan calls for roughly $568 billion but it's the scope of the spending and the similarities in the scope of the spending that we believe creates investment opportunity. specifically, as it relates

. >> all right cowen is going to have egg on their face with their outperform target to 180. jeffries is going to have omelette all over their suits, reiterating the buy and the price target to 175. citi, 170. all of these price targets that are a lot further north than where the stock is trading now is it dead money for a long time now? >> well, is 20% return dead? i mean -- >> from here forward. >> the reason i say that. >> from here forward, is it going to be dead money >> well, yeah, from here forward -- no. but if you have the biggest stock in the free world that trades like, you know, that is so liquid that you can move warren buffett-size trades in and out of the stock, $2.3 trillion or whatever is the market cap today, and you can further enhance your yield owning one of the biggest, best stocks in the world and enhance that yield to 20% or more through that prudent use of that covered right that i describe all the time, scott, this is a gift from the trading gods i mean i use this instead of a bank i would much raefrther have app as my bank, own that asset, write the

claudia cowen is live in berkeley. >> it is being talked about.ith a plan to have unarmed civilians enforce speeding and traffic laws instead of police. city council approved a whole new transportation agency which supporters say will make routine traffic stops more equitable. >> black persons are 2.5 more times likely to be searched in vehicle stops though they are less likely to net anything that leads to an arrest. there is a difference in yield rates between black and white persons. ultimately as a black man in america i feel a lot safer with an unarmed person with a different focus stopping me. that's a total change in atmosphere compared to what we have now. >> rather than commenting publicly berkeley p.d. released pictures highlighting recent traffic stops that have led to big busts of drugs, cash, and even loaded weapons. while dash kam videos are a reminder that traffic enforcement is dangerous work even for officers with guns, let alone unarmed civilians. it is expected to begin sometime next year and when it does a lot of other cities w

we follow closely and what they're doing, joining us now is gabe dowd, a senior energy analyst at cowen for in terms of some of these companies when you're considering whether or not they're worth buying, not just from the perspective of how they're valued in the stock market but where they are in terms of their technology and what you can believe because so many of these companies do seem to be fairly early stage >> david, good morning, and thanks for having me to your point, it is certainly early days in the overall ev adoption, and electric mobility theme. but we do think over the next several years and moving throughout the dade, you should see ev penetration accelerate, and grow at a 30% through 2030 that will certainly necessitate charging infrastructure, and there are a number of companies that are fairly new and have come to market pretty recently, just over the past three to six months, there's been a number of new privates e nmerge, and i thk for us, what we like to look for is growth margin potential, and can they ultimately deploy charging infrastructure profitably and earn

big target boost, cowen. jpmorgan jpmorgan, startup-like bookings. startup-like bookings. this is a huge company and it's like a startup david, we do not see this kind of growth. we've always been told this kind of growth is simply not possible morgan stanley, the case for buying more microsoft, the prosecution rests. >> is that -- what is that >> that chart was up for like 30 seconds. i was like what are they doing >> what in the world is that >> but we've been talking about cloud for a really long time and i think the most important thing you've said is you believe google is truly a firm competitor in this arena, and to carl's question, is it starting to take a little bit of share from microsoft and/or maybe a couple of points out of its growth >> well, they would tell you yes, and that that's the slowdown in azure, they've been winning some business. i just refuse to call that a slowdown i just can't there's plenty of business carl, the cloud, i know these executives come on and they say it's in its infancy. i'm beginning to believe it's in its infancy. you just don't h

cowen's matt ramsey says he wants to see more color and commentary about the capex plans as intel investsnewfound ri business, they're going to need to spend more intel offered a $20 billion capex budget for 2021. matt also wants to hear more about the company's progress on seven nanometer and any updates about u.s. government support and funding for the company's new chip plants in arizona >>> thanks so much for that. steph, update us on your thinking on this name. i know it used to be a stock you held, not for a while, though. >> no, not for a while look, the stock is cheap, only trading at 14 times earnings as josh just mentioned, seven nan meters, they are way behind. they gave amd a three-year lead, and so that's not going to change overnight the foundry business is not easy to do. it's a very specialized business that is going to be topics on the call for sure, and by the way, they already preannounced the quarter. we know it's going to be good and it's going to be led by pcs. that's 51% of their total revenues we got numbers in march on notebook shipments up 32%. we know the number

i love the cowen washington research group info, because they really hit all the most important issuesy these are the five top -- on top of the $1.9 trillion bill. the question they're asking is, is the fiscal year 2021 reconciliation bill unlimited revisions? in other words, are the democrats going to try push everything through reconciliation? we're waiting on a china industrial policy right after easter. we are waiting on a $4 trillion recovery bill which is -- then you've got the debt ceiling, budget benefits deal, a highway bill and year-end tax ex tenders. in terms of the economic policy, where do you think this is going? i mean, you're talking about serious tax increases. your reaction to the impact that will have on an economy that is resuming growth right now? >> well, maria, as you said, we're just coming out of the pandemic and the foundations of the economy that was set by the trump pence administration with the low corporate tax rate is a terrific foundation for us to continue to thrive. the crushing taxes they're talking about would send certainly the economy back down in