ford motor company had kind of seen it coming, and they had consolidated and and they were able to ride it out. general motors and chrysler both had to claim bankruptcy in order to survive and get a bailout from the united states taxpayer. was that was pretty tough on both the egos and the the ouooof people in detroit. so tied to the automobile industry, of course, there has been a there's been a tremendous rebound. and and detroit is really doing quite well. detroit stores are kind of a different animal. we've we've dealt with these ups and downs, incredibly resilient people who love cars really love cars. and there's an ingenuity. there's kind of an intuition about how an automobile ought to be made, what it ought to do for you. of course, this whole new world with autonomous vehicles and kind of a return to either hybrids or electric cars is really exciting. so it's an exciting time to be in the automobile business and there's no better place to watch the automobile business than here in welcome to chicago, this historic motor road district. 1905 to 1936. with an emphasis on architec

ford motor, 52-week low, u.s. steel, goes on and on. that's a very different picture of the market.he market looks quiet, but it's not. we have a few s&p charts sequencing since the high. there's a chart with no annotations. next iteration shows we've had these very distinct rallies, and each rally has faltered at some point. ultimately this one is starting to falter, too, the rally off of the lows both from october, but from more recently just march. >> very interesting stuff. mike, what do you make of this >> yeah, i mean, one of the things i would say, of course, is that at any moment in time, you know, we can always look around and find some things that are likely to make investors skittish if you preruse the internet you've seen pop-up ads with doomsayers saying the end is high i will say what's interesting more fi as an investor, i have gone out and tried to pick up some of these pieces of trash along the way, and actually ended up reducing a lot of those positions when i thought it was premature to do so i got into names like disney and paramount and at&t i got into ford, all

in the us auto space, ford motor has agreed with tesla to allow its electric vehicle owners access to's superchargers in north america from next year. analysts have said that access to charging stations is one of the main hurdles to customers being more willing to switch to electric cars. fast charges can add hundreds of miles of driving range in an hour or less. nvidia shares rocketed 24% overnight to an all—time high as investors cheered its upbeat revenue forecast. the chip designer has protected arranged to come in at 50% higher than the average industry estimate. nvidia also said it would have more supply of ai chips in the second half of the year to meet surging demand. british airways has apologised for cancelling dozens of flights in and out of london heathrow because of technical issues. the airline has also offered passengers the option to rebook on an alternative flight or request a refund. ba has suffered a series of reputation damaging it failures in the past couple of years. turning now to oil prices. this is where they are at the moment, down to 3% at the moment. china'

and ford motor has also posted strong quarterly revenue and profit.g demand for trucks and suvs. but losses in its electric vehicle unit meant the us car—maker's outlook for the rest of the year was not as positive. ford's chief executive officer said the company does not intend to pursue ev sales "at any cost". that's after the auto company slashed prices for its mustang mach e for a second time this year. after a year, the dating apps tinder and hinge are stopping operating in russia. they will withdraw from the russian market completely by the end ofjune, after many global firms cut ties with russia after the invasion in february 2022. thanks for watching. stay with bbc news. see you later this week. 1,400 competitors. 46 teams. from 18 european countries. all coming together in birmingham for the lgbtq+ union cup tournament. this has coincided with the 200th anniversary of rugby itself, so to bring this international tournament here to the west midlands, where rugby was born, is actually really special. the event was originally meant to have been

and ford motor has also posted strong quarterly revenue and profit.g demand for trucks and suvs. but losses in its electric vehicle unit meant the us car—maker's outlook for the rest of the year was not as positive. ford's chief executive officer said the company does not intend to pursue ev sales "at any cost". that's after the auto company slashed prices for its mustang mach e for a second time this year. tinder and hinge tinderand hinge are tinder and hinge are stopping operating in russia. they will withdraw from the russian market completely by the end of june, after many global firms cut ties with russia after the invasion in february 2022. thanks for watching. at 91 years old, norma deeves is cycling down familiar roads. as she pedals on this adaptive exercise bike, the screen takes her to beaumaris, where she grew up. this venture is all about getting older people moving and stimulating the brain. seeing her hometown, norma is reminded of the tradition of throwing hot pennies from a hotel balcony. the kids were going mad, you know, to get them

in the us ford motor has agreed to allow tesla its electric vehicle owners access to tesla superchargerst year. analysts have said that access to charging stations is one of the main hurdles to customers being more willing to switch to electric cars. fast chargers, can add hundreds of miles of driving range in an hour or less. turning to oil prices. this is where they are at the moment emma two to 3% at the moment. china's reopening and production cuts by opec and russia should've given boost to crude oil, which some analysts were forecasting to go $103 per barrel. instead they been in a lull in the $70 range. at the next meeting of the organisation of petroleum exporting countries are guesses she is expecting to stick with the current production level instead of announcing further cuts for that for a closer look at the lag and demand i spoke with commodity research house. china, to some extent the growth maybe not has been as strong as the market expected. we did see that china manufacturing pmi in april dipped a bit, below 50. china's manufacturing still is dependent on export. if that

needed vehicles; there were only 20,000 cars in the country; they built under an agreement with ford motors; the difficulties were huge ; there were not enough people in technology ; for the first 5 years, gas produced a passenger car and a lorry truck according to american drawings, and the new production models became almost entirely soviet andrey lipgard and other designers assembled the famous emka model m1 during the war equipment, and already in the forty-sixth, the first victories came off the assembly line, then there were volga trucks of various modifications, and today gas is modern production with new technologies, 2. 1955 , an exhibition of treasures of the dresden gallery of about 500 paintings opened in moscow at the pushkin museum of fine arts the great masters of jor dona, rubens durer rembrandt titian , among them the sistine madonna of raphael, these canvases were saved twice during the war, the germans hid them in quarries under the city from the bombing of the british and american aviation, which turned dresden into a steppe in may 1945, soviet troops saved the masterpie

ford motor, al koa down as much as regional banks it's just taking longer. >> brian, this seems like the first sector or stocks the play with options if you want to take a flyer on a huge bounce. >> yeah, and we did see that, to touch on mike's point, the put to call ratio in kre basically went from around 2-1 to 1-1 or calls outpacing puts a little bit. so there was this shift in sentiment. i would probably play to the call side if i was going play to the upside we saw extreme volatility stock, options premium declined pretty hard today in a lot of the regional banks, not just the etf itself, but we saw that in some of the individual names as well. probably why vix and spikes in volatility came down all day if you're going to play to the upside, i'd rather use a call option, because i think we may have to retest and bounce around the lows before all is said and done, and i'm never one to just sort of catch the falling knife and be the first guy in. that's just my nature. that's why we probably use a call option in a lot of cases if i'm going to call upside. >> let's look at metals.

ussr needed motor vehicles in the country there were only 20,000 built under an agreement with ford motorsdifficulties there was a huge lack of people in technology, and 80% of the work was done manually, but the plant was built in 18 months. for the first five years, gas produced a passenger car and a lorry truck according to american drawings, and the new production models became almost entirely soviet andrey lipgard and other designers assembled the famous emka model m1 during the war , gas produced military equipment . then there were volga trucks of various modifications, and today gas is modern production with new technologies, 2. 1955 2019, in moscow, the pushkin museum of fine arts opened an exhibition treasures of the dresden gallery about 500 paintings by the great masters of giordon, rubens dürer rembrandt titian, among them the sistine madonna of raphael, these paintings were saved twice during the war, the germans hid them in quarries under the city from the bombing of british and american aircraft , which turned dresden into a shrine in may 1945, soviet troops saved the maste

the ford motor company is reversing us scission on am radios. said they would continue to be installed. the change of heart came after speaking with government policy leaders. ford will use an online to restore am radio. a new survey finds economic well-being is in decline. americans haveee fourth quarter of 2022. 73% said they were doing ok financially, downmeets at its lt fewer adults said they had money left over after paying bills. the percentage of people who said they could ever a 400 -- $400 percent with cash dropped to 63%. you are saying ford can reinstall it with a software update? >> they are taking it out. and they love am radio stations. they should leave them on. pay settlement funds for false advertising. they are accused of only running background checks on businesses. larry: serious problems on social media. >> this is pervasive, it's everywhere. half of kids are telling us social media makes them feel worse. >> the netflix crackdown on sharing passwords i want to keep it real and talk about some risks. with type 2 diabetes you

5% yield ford motor today closed at $12.90 february 2, 1987, it was $12.90, okay adjusted for inflationit paid a big dividend the time to buy ford is when it's the nvidia of its day when everybody has a horse and you have car, you are a.i., right? that's not what this company is anymore. it's a mature business that sells cars at a break-even or loss from time to time again the stock the exact same as it was in the first weeks of 1987 it is a bond it is not a stock to invest in. >> would you trade ford, bri >> i like mike's trade keep it simple it is a bond just struggles to get out of the bottoms here valuations look really nice and my analysts say buy it and we are like, yeah,just sits there doesn't really do anything can't really innovate as well as a tesla. so sell a put, put to down $11, something like that, i would be willing to buy it. >>> up next your tweets and "the final call." thinkorswim® by td ameritrade is more than a trading platform. it's an entire trading experience. with innovation that lets you customize interfaces, charts and orders to your style of trading. personali

are plenty of stocks that are down, energy stocks and certain consumer stocks at 52-week lows, ford motormuch as regional banks, just taking a little bit longer. >> brian, quickly, this seems like the perfect kind of sector or stocks to play with options i mean, if you want to sort of take a flier on a huge bounce. >> yeah, and we did see that i mean, to touch on mike's point the put to call ratio in kre basically went from around two to one to about one to one or calls outpacing puts a little bit. there was a shift in sentiment, you know, i would probably play to the call side if i was going to play to the upside. we saw the extreme volatility stuff. basically volatility, implied comes down, premium declines hard today in a lot of the regional banks, not just the etf itself but we saw that in individual names, vix and spike down hard during the day i think that gives opportunity if you're playing to the upside i'd rather use a call option i still thin we may have to retest and bounce the lows before all is said and done and i'm never one to catch the falling knife and be the first guy in

. >> it's a bond has a 5% yield ford motor today closed at $12.09 on february 2nd, 1987, 26 years ago09 so, adjust it for inflation, you lost about 85% of your money but it's paid a big dividend a time to buy ford is when it is the nvidia of its day. when everyone else has a horse, you've got a car, you are ai that's not what this company is anymore, it's a mature business that sells cars, break even, loss from time to time, again the stock is the same level it was in the first weeks of 1987 it is a bond, it is not a stock to invest in. >> would you trade ford, bri >> yeah, i love mike's trade sell downside put, keep it simple it is a bond it struggles to get out of the bottoms here valuations look really nice and my analysts keep saying buy it and we're always like, yeah, i don't, it just sits there, doesn't do anything, can't get out of its way, can't innovate as well as tesla, sell a put i'd be willing to buy. >> up next, your tweets and the final call >> announcer: "options action" is sponsored by thinkorswim, by td ameritrade. n? the internet is telling me a million different way

ford motor profit estimates posting a strong gain on higher vehicle rising and sales volume.rter revenue top order million dollars, even analysts $36 billion forecast in the dust. ford says it expects continued headwinds maintained its full year forecast. >> the market opens for the australian rocket, strategists continue to pass through divided surprised rate hike and what it means. 67 u.s. cents is where we are trading at the moment, sydney you choose softer. we still have major central bank decisions ahead of us. they will have major repercussions for sentiment. keeping stocks down. -- kiwi stocks down. surprisingly resilient unemployment numbers as well as a boost with wage growth. coming up, mexico's deputy finance minister is with us giving his outlook for the economy and the peso. that is it for "daybreak australia", daybreak asia is next. this is bloomberg. ♪ the first time your sales reached 100k with godaddy was also the first time your profits left you speechless. at the counter or on the go, save 20% with the lowest transaction fees and keep more of what you make.

and for ford motor co on tuesday posted robust first—quarter revenue and profit, thanks to strong demand a measured full—year outlook tempered by continued losses in its electric—vehicle unit. in a late briefing, ford chief executive officerjim farley said he hopes the company becomes "boringly predictable" at meeting farley also said ford does not intend to pursue ev sales volume "at any cost" — after the auto—maker earlier in the day slashed mustang mach e prices for a second time this year. and that's it for this edition of asia business report. thanks for watching. at 91—years—old, norma deeves is cycling down familiar roads. as she pedals on this adaptive exercise bike, the screen takes her to beaumaris, where she grew up. this venture is all about getting older people moving and stimulating the brain. seeing her hometown, norma is reminded of the tradition of throwing hot pennies from a hotel balcony. the kids were going mad, you know, to get them first, to get them. were you good at getting them? not really, no. run by digital communities wales and supported by anglesey council, t

ford motor company is planning to cut more than 1300 jobs in china as sales decline in the world's biggest market. forward wholesales and china fell below half one million units for the first time in a decade as consumers increasing -- increasingly embrace a lecture vehicles. a spokesperson told bloomberg its costs are not competitive and they are working with partners to reduce cost in all areas. . global news powered by more than 2700 journalists and analysts in more than 120 countries. haidi: the european union approves microsoft's deal to buy blizzard. ubs private wealth management is urging caution on u.s. equities. this is bloomberg. ♪ go. go brain. no, not that one. go this one. go. go optimizing data. go efficiency. go results. emerson's plantweb digital ecosystem is the brain for smarter, safer and more sustainable performance. go plant go. go boldly. emerson. i need it cool at night. you trying to ice me out of the bed? safer and more sustainable performance. baby, only on game nights. you know you are retired right? am i? ya! save 50% on the sleep number limited edition smart be

ford started at ford motor company, was the first to set the standard. but mind you, not all manufacturer has followed suit. and there was a practical reason. by 1908, mr. ford was quite correct in knowing and understanding that vehicular traffic on the roads was increasing. you would have two way traffic on most roads. so for the driver to really keep an eye on the direction in which they were moving as well as oncoming traffic, it made perfect sense to have a left hand side steering wheel. now, even though mr. ford manufactured model ts for several decades, they came in different models such as five passenger touring car or a three passenger roadster. and of course, you could get a very stately six passenger town car equipped with three oil lamps, a tubular horn and a kit of tools, which was very practical. and actually up until the 1960s, most automobiles sold the united states and probably throughout the world came with a kit of tools. now, who drove and owned fords? lots of folks such as joan crawford. here she is in her 1933 fords speedster. but who

she spent a decade helping steer the ford motor company as a senior officer. she built a typical washington, d.c., resume by being a tiewrly untip -- thoroughly untypical washington, d.c., person. brilliant and accomplished, yes, but tough as nails and a little rough around the edges in the best ways. that same spine of steel helped janet hold a serious illness at pay for a number of years. and up to just a few days ago she was still tweeting up a storm on politics and media criticism, relishing the good fight right to the end. and janet lived to see her most lasting legacy come full circle. her older grandson harry has a start-up business. her younger grandson sam has gone into political communications himself. he even spent a couple of years in my office as an outstanding speechwriter and press aide. i know janet was thrilled -- thrilled to see the boys thriving. so elaine and i send our deepest condolences to janet's husband tom, her beloved daughter shannon, and her grandchildren, harry and sam. and all of the family members, friends, and colleagues mourni

so ford motor company reversing course on a plan to remove a.m.its cars in the year 2024. the company ceo said after speaking with policy leaders about the importance of a.m. broadcast radio as part of the emergency alert system we will include it on all 2024 ford and lincoln vehicles. michael, good morning to you. was this ever a truly serious consideration? did it get off the ground, michael? >> well, it is a concern and there still are other ought -- automakers that might be removing a.m. radios. i'm not surprised they turned around. i don't think there was malicious intent to announce they want to get rid of a.m. radio. it was a tone deaf bean counter bone-headed move not understanding the role of a.m. radio in our society. yes, it's on the decline as all 20th century media is. we're not closing up movie theaters and stopping the publishing of newspapers and paper books. a.m. radio is vital. the most exciting on a.m. or f.m. radio are news talk, sports talk and some of the other types of radio, gospel radio, rural agricultural radio, and radio

ford motor reporting earnings beating on the revenue and earnings in the first quarter earnings-per-sharebillion in revenue the automaker sending a strong recovery in the popular f-series and they cut prices of the new electric mustang, some of those versions by the way 8% cheaper the ev business still losing money 722 million, the stock is down half 8% in the premarket. finally there is this "saturday night live" late-night show shutting down as hollywood writers go out on strike for better pay the writers guild of america called for the strike monday after months of negotiation with major hollywood studios ended without an agreement, jimmy kimmel live, immediately went dark more than 11000 writers join picket lines outside of the studio and production facilities those picket lines here in new york state also in los angeles this comes 15 years after the last wga strike which lasted 14 weeks from 2007 and lasted into 2008, those are some of your headlines, back to you. >> thank you very much, it is fed day today that is a decision by the federal reserve to raise interest rates jay powell

starbucks and ford motor after the close. plus, apple out on thursday.e will preview apple's numbers. european markets in the red. p ft 100 right now down 5 points, cac quarante down 35, dax index lower by 48. in asia overnight, green across the board. the best performer overnight, china, shanghai composite up 1.1%. joining the conversation all morning long this morning, strategic wealth partners ceo, mark tepper, pollster and the president of maslansky and partners, lee carter. "mornings with maria" is live right now. ♪ maria: the federal reserve kicking off its two day policy meeting today in washington, the fed has raised rates at each of the previous nine policy meetings. it is expected to raise rates by a quarter of a point tomorrow, announced at 2:15 p.m. eastern. joining us now, investment management chief investment officer, ann walsh. ann, it's great to have you. >> great to be here. maria: what are your expectations for the fed and does a that change the way youau allocate capital at all. >> since they've been on the trajectory of rate hikes fo

>> for the first time ford motor company is moving production of some lincoln s.u.v.s from canada toical way to go. u.s. business groups say president biden needs to raise the 25% tariff on china-built cars that president trump put in place. >> dana: this is curious. i will dig deeper to try to understand more about what they are deciding here. that is going to make some people feel a little uncomfortable. why go from canada to china at this point when we're trying to figure out a way to do more here? >> i would say they've gotten tax dollars along the way. i wonder what your research turns up. >> dana: i'll report back to you. a mystery, the stunning leak of the supreme court draft opinion on a blockbuster abortion case unleashing protests at justice's owe and across the country. the search for who was behind the leak. now justice samuel alito is telling the "wall street journal" he thinks he knows who was responsible. gillian turner with the details. this must have sent shock waves through capitol hill? >> it was a very rare, extraordinarily candid interview by alito. got real abou

the iconic american car manufacturer ford motor company says for the first time it will move productionsome of its lincoln s.u.v.s out of canada into china. the most practical way to do business now with some u.s. business groups wanting president biden to raise 25% tariffs on china-built cars. that's a tariff president trump put in place. charles payne, hello. we heard from ford yesterday. they write this. we're retooling jokeville assembly complex in canada where the kurtent nautilus is produced. with all our plans with product this move makes good business sense. we don't have the space in north america. so they are kind of forced to make the transition and they will take it to china. >> also he said yest yesterday lincoln is a global plan they want to centralize it in china for both markets. will it stay there? you want to make the nautilus for chinese consumers that's fine. when you take jobs and import the car back to america that's not something anybody wants to see. >> dana: the other thing that we were talking about in the break. the creeping concern about commercial real estat

maria zakharova cited several historical facts about how american corporations, for example, ford general motorsh, but also used the labor of prisoners in their factories in germany , including auschwitz, the kodak company made fuses for bombs, the list is long and the coca-cola company and the gp bank morgan chase from the oil standart to senator graham have with what to compare one of their investments led to the second world war, a holocaust, but maria zakharova also asked do you think the us senator of the state russian museum is alone in his nazi rhetoric and recalled another conversation when with the former us president george bush, russian pranksters spoke to the younger, uh, posing as zelensky bush but then he said so. in plain text , your task is to kill as many russians as possible . do your duty. solve the most important complex tasks to protect the state border, carry out border control and protection of marine resources. make a significant contribution to the implementation international integration projects and the development of cross-border cooperation in youtube the fight again

ford motor company has seen major growth in cars that run on gas.ers aren't ready for the ev push? jimmy failla is going to join us live right here on "fox & friends." hey, jimmy. ♪ overactive bladder, or oab, can change your world. like going hiking, just to hike to the bathroom. reaching for the bar, just to reach for pads. waiting for the sunset, just to wait for the stall. discover gemtesa. a once-a-day pill proven to reduce all 3 key symptoms of oab: leakage episodes, urgency and frequency in adults. do not take if you have a known allergic reaction to gemtesa or its ingredients. tell your doctor right away if you are unable to empty your bladder or if you have a weak urine stream. tell your doctor if you're taking medicines that contain digoxin or if you have liver or kidney problems. side effects may include headache, common cold symptoms, diarrhea, nausea, urinary tract and upper respiratory tract infection. ask your doctor about gemtesa. and see how urovant could help you save. we know patients are more than their disease. that's why, at no

liz: discover, cisco and ford motor company. grade to r -- great to see you, david can. jm jpmorgan's chief -- jpmorgan's chief economist is warning despite fact david says it's a lot of drama with the debt ceiling, he is warning that the odds of passing the june 1st deadline with no deal between the republicans and president biden to lift the nation's borrowing limit is now 1 in 4 and rising. and his note to the clients came out before house speaker kevin mccarthy went before cameras just before noon to say that while he will never give up on negotiations, and he actually believes there will be a deal, republicans have two red lines they will not cross to get a deal. here they are. >> speaking with the president, i told him who two things, we will not raise taxes, and thousand we have the highest debt at any time to american history. so i justty it's common sense, it's reasonable and it's the ration rational that we spend less next year than we spend this year. liz: in the meantime, credit rating agencies, they are closely watching the developments and could slap the u.

ford motor. john lawler is the chief financial officer of ford motor.adline is ford dips as lack of outlook sparks concerns. give us the media outlook for dearborn right now. would you seen the next 90 days 90 days? >> just looking at our q1 results, they were good, 20% topline growth. we held our guidance between 9 billion dollars and $11 billion. i think all of us can agree that it is unclear how the macro economic environment will unfold through the year. there are a lot of puts and takes that we are seeing. with a good, strong q1 and a lot of road ahead, of us a lot of puts and takes from a economic standpoint. we are comfortable with that. jonathan: it is extort -- tom: it is extraordinary, the auto business how separate it is. you are doing single digit multiples with a five percent yield. is there any pressure on you as a cfo to adjust your auto company to a modern cash distribution that makes you more competitive within the markets? >> there is a great opportunity for us with our ford plus, strategy and where this industry is heading with apps a

vietnam, but ford and mcnamara knew each other because, of course, mcnamara had been a whiz kid at ford motor company before he became secretary. they they each other. in fact, the that gerald ford was on the warren commission was because robert mcnamara and dean rusk, lbj secretary of state, told president, if you want a republican who is serious, who can be trusted, you ought to consider gerald. well, anyway and in the middle of what became the cuban crisis, ford obviously top secret. you know, is trying to do his best to ignite a sense of urgency at the pentagon and to some degree at the white house in terms of stepping up the surveillance flights. they were stepped up in after the whole thing was over. mccollum privately credited ford with a major part in making certain that the kennedy administration had the evidence, the photographic evidence that it needed to take the u.n. and worldwide and that, of course, turned out to be essential to a peaceful resolution. but he had a ford that ford never talked about it. you won't find a word of it in his memoirs memoirs. you know, as a historian,

ford motor profit estimates posted a strong gain on vehicle pricing and increased sales volumes. revenue top $41 billion, leaving analysts and their $36 million forecast in the dust -- in the dust. tesla has raised prices for the second time in a month after several rounds of cuts earlier this year. the model three sedan and model white suv gets $250 heights in the u.s. and 280 nine dollar increases in china. in april tesla posted its lowest quarterly profit margins in almost three years. >> this gift believes that the inflation reduction act can benefit tesla, he spoke about the future of ev's at the milken global conference. >> the ira was a landmark piece of legislation that was intended to give the charging infrastructure so that consumers can get over the notion of range anxiety. now, our ev has the longest range of any ea. 545 miles. you can charge into minutes. you still need the charges. and to roll the charging infrastructure is a comfort topic for a consumer. now, the ira also helps the consumer by the car because these are expensive and we are in the transition still.

basically, for example, ford motor saying if it wants to maintain high prices rather than sell cars,he giant hotel is saying they will increase room rates for corporate accounts because they can. southwest airlines, they're pulling in record revenue with tight capacity so rather than putting more flights in the air, they're going to keep the fares high. this is not reassuring news for the fed and it makes it look like sticky may be a word not strong enough. haidi: bloomberg's kathleen hays. what is not reassuring is levels of household spending that we are seeing, a big contraction when it comes to the month on month number falling 4.3% to 114.3 from a month earlier according to the index released. if you want to break it down we saw homebuying down almost 14% month on month. health and fitness falling by 14%, transport down over 1%. cars rising 5.3% and a whopping almost 40% rise year on year. this comes on the eve of the delivery of the australian budget. we are expecting to see the first budget surplus in 15 years on the cash search windfall from taxes as well as elevated commodit

ford motor beat its profit estimates, stronger gain on vehicle pricing and increased sales volumes. $36 billion as their forecast in the dust. fortis saying it -- afford is expecting headwinds, but maintains is forecast. starbucks out with its tales beat, strong performances in the u.s. and china but it was not enough to satisfy investors. comparable sales rose 11% in the first quarter, beating a forecast of 7.3%. the results underline consumers resilience and paying higher prices for discretionary items, like yvonne's favorite. yvonne: oatmilk latte's. a lot of people are willing to pay up for that. today, we're paying up for gold, particularly with the gold price overnight, a risk off session, having gold catch a bit. these miners across asia are heading higher following the price. you have merdeka up 2%. some of these chinese miners rallying on the back of that. take a look at the rest of the region. it seems like it is risk off, sector by sector. basically all sectors, excluding consumer staples, which is flat, but everything else is basically lower with the likes of energy, are

china flew a spy balloon across the united states less than 15 days later ford motor company's with most iconic brands that they were team with technology to develop a multibillion-dollar battery plant. director hank is it time for us to declassify information we have on china, their espionage with the joint american our industries so we can expand to corporate america you have to break your ties with communist china? thank you sir we do actually have been continuing to try to declassify as much information as we can on these issues to ensure they have everything they need to protect themselves. >> the to not going toward china for corporate america to understand they have dual source or multisource and get out of there. with that i yielded two seconds, hate to cut you off bottom on the clock. thank you. director rate yesterday expressed concern about ability for the ownership to control narrative, software data on tiktok. for another chinese entity owns or maintains control of tiktok or its algorithm would you maintain those concerns? >> yes. it's the ownership of the ccp that fundament

inch know visions partnership with ford motor company at the blue oval city plant in heywood county, it's bringing thousands of jobs, millions of dollars of investment to west tennessee. and blue oval is already mired in red tape and supply chain issues courtesy of this administration. if you allow pillar two to take hold and penalize these investments, ford and s.k. innovation and tennessee workers will suffer. so will the hundreds of suppliers, the small businesses, the skilled workers who are depending on these jobs to help a lot of these small businesses grow. we'll see the cracks spread to the municipalities that are tackling the issues of expanding utilities, roads, and infrastructure, local housing developers will take a hit. many of these small businesses and businesses that were really planning to flourish will fail. i find it disturbing that this administration will waste time spreading false claims about their legendary job creation skills while they write rules that are undermining the ability to do business. i know that my colleagues on each side of the aisle are flabber

be stepping down as ceo of twitter in the next six weeks joining us now is mark fields, former ford motoruess that was kind of a -- not hard to understand why it happened, mark, but is there a logic that will play out over time if elon gets to spend more time at twitter -- sorry, freudian slip, at tesla? should the stock be trading higher on that >> well, you're seeing the early returns obviously. the market reacted favorably to it the bottom line is a lot of investors, shareholders were concerned that he was spending too much of his time there it was basically sucking up all his time and now that he's going to become exec chairman, chief technology officer, he'll be able to spend more time than he has been over the last six, nine months on tesla, but let's put it into perspective versus a year ago, he's got another company that he's exec chairman and chief technology officer of. so, you have less of elon more than you did a year ago, but you have more of him versus the last six to nine months and i think investors are reacting positively to that >> you -- people can argue that, you know,

from minnesota mining and manufacturing, for ford motor?e companies spend billions of dollars on their i.t. over time if you think about their data center footprint, that will completely go away. it will be on cloud and language models use the basic cloud capacity but you will run your ai in the cloud. that's where nvidia has positioned itself really well and has partnered with the likes of microsoft. i don't think all the hyper scalars are on board but for traditional enterprise, they don't need to spend on i.t. anymore especially on the infrastructure side. jonathan: when we talked over the weekend, when you use the hyperbolic language, there are some people who don't have the specialized knowledge to understand where this is going and it's a market of faith for many people. you just see the momentum and think you want to be part of this. can you draw a distinction between what is real and what might be bs? >> i look at the people who will determine the fate of this market. they are quite concentrated. i mentioned about hyper scales s lik

. >> i would say the only one working on level 3 autonomous is mercedes benz and ford and general motors are doing a good job. i don't like the aggressive pushing you back in the lane but you can shut that off in many vehicles and then they are not working. so it's schi -- six or ha half r the other. maria: time for word on wall street, let's take a look at futures ahead of april of's ppi. economists are expecting a gain in the ppi of just 3 tenths of a percent, month over month and gain of 2.4% year over year. that would be the slowest pace of producer since january 2021. let's get into it with infrastructure capital adviser ceo jay hatfield and mark tepper. great to see you, jay, what do you think of the ppi do you think the number is priced in? >> thanks, maria. ppi will have a tendency to print cool so you've had a huge drop in energy prices which is really one of the key indicators of future inflation but i would also look at the nine month number which is only .5% and that's really what the fed should be looking at and should have looked at. it's really the smoking gun of their fai

. >> i would say the only one working on level 3 autonomous is mercedes benz and ford and general motors

last year tesla ranked 19th in the world, but the leaders there steel volkswagen toyota general motors and fordniks all thank you denis economic review. ntv viewers in the capital are waiting for the release of the program. today in moscow we will continue our broadcast for other regions in the central part of the country. small and medium-sized enterprises in new regions should get access to all all-russian support mechanisms, for this it is necessary to open centers there as soon as possible, my business, microfinance and guarantee organizations , mikhail mishustin said this today , the prime minister ruled the meeting government commission for the development of small and medium-sized businesses according to the head, cabinet, the number of small and medium-sized enterprises in russia in recent years. has grown significantly. even despite the pandemic and the sanctions imposed by the reserve, more than 28 million are now working in business . mishustin's man noted that the authorities are constantly expanding measures to support entrepreneurs and are doing everything to simplify business lif