same at honeywell and keytruda and merck and lilly.ll about the diabetes drugs used for weight loss those numbers will be down, too. >> you are right if you are putting up strong numbers like caterpillar, the question is what happens in the economy and what do we see concerns that commercial construction is seeing a downturn to 2024 you are facing an investor base hard to impress. everybody is looking to what is next. >> everybody is cynical in the case of caterpillar, china is coming back it hasn't been growing the last few years. the commercial construction is weak in a lot of places. people are skeptical with higher interest rates weighing on them. the airlines are reporting you are talking about companies that are marginal with profitability with lots of debt. that weighs on the systems and southwest and airlines >> any airline you like? >> i wouldn't buy an airline right now. i know people are enthusiastic about them and a lot of travel and busy at airports it is such a tough business to be in. the profitability is minimal and cos

honeywell. can someone help me understand how a company goes from $8 in 2021 to $9.71 per share this year could see the stock fall under the sail period? that's honeywell for you you might think that the business must have deteriorated. you would be completely wrong. honey well's biggest business, aerospace with 33% of the fight is as strong as it's been in any recent memory. 30% of the sale are used in all sorts of segments. the once i like are the ones, the rest of them come from safety people will really cut back on safety now and building works climate controls hospital in one ever rolls back safety standards by the way, i have to remind you, unlike me, never take a vacation i took a day off this year environmental standardsthat require academic standard. he has every right to reshuffle the deck if you're selling it out of fear, you're making a mistake. next dow stock salesforce fat and happy without the discipline efficiencily absorb a couple of large acquisitions, buy back stocks two years

one has some exposure to this type of business, the tele-brand division, and obviously, honeywell is thing from being a pure play in warehouse automation and i that said, i like honeywell's other division, especially commercial aerospace which is why we own this one doesn't hurt and they have reported an excellent quarter. just yesterday here's the bottom line symbotic has a cool product. ai-driven robots feels like a great fit for this particular market that loves ai, but the stock's run so much that i feel like we're late to the party. i say let's wait to hear what they say on monday and hope we get a major pullback because otherwise, this one just feels too darn risky "mad money" is back after the break. >>> coming up, cramer takes calls. and the sky is the limit it's a fast fire lightning round. next (swords clashing) -had enough? -no... arthritis. here. aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. [office sounds] ♪upbeat music♪ ♪♪ ♪when the day that lies ahead of me♪ ♪♪ ♪seems impo

not when it comes to her lifelong dream. 2 closing honeywell, huh. i met a few friends and told them i wanted to ride with them to get him. and he said, if i wanted, i could come with them on the weekend. they took me along and i rode a cath, i knew how to fix the spurs, thought so they helped me and put the chaps on me. the best of everything i. one day i sat on the calf with no idea where to put the spurs land or how to hold on. but they showed me that too about us. big fellow, global p. m, as are young, is arianna gong at dallas. well, let me go, ha, ha, ha ha rossier you thought of the senior moral to mama 2 weeks later the asked me if i wanted to go with them to a had a pale one battle. and i said yet knows what about bit by bit and i got hurt at all . i started to dream of a big career amola for i'm a math tutor. randi companies i know they gave me the strength to give everything aka. they said they would help me make it to the usa one day by. ha, ha no, no. lona american purpose and then went on my last my dream to ride there and meet other gr

sheffield from pioneer retired i hate to see all those guys -- honeywell. >> i know.nd they're young guys >> what's going on >> i don't know. they're all younger than you i don't know why i'm sorry. i'm sorry. >> i hosted the american brain foundation -- >> that was gratuitous >> i hosted the gala last night, brain foundation i was the youngest there >> there you go. >> meantime, we're watching meta this morning on track, as david said, as this year's top performer on both the s&p and the ndx, company better-than expected quarterly results, first sales increase in a year, with upbeat guidance for q2 revenue this is zuckerberg on the restructuring and the road ahead. >> in may, we're going to carry out our third wave across our business groups, and this has been a difficult process but after this is done, i think we're going to have a much more stable environment for our employees, and then for the rest of the year, i expect us to focus on improving our distributed work model, delivering a.i. tools to improve productivity, and removing unnecessary processes across the

mark lofgren from honeywell. he is the president of eastern european affairs. alisa who is the in vice president of needs, and roger martello, the chief sustainability officer. thank you for joining me. laura, i want to start with you. i wanted to ask you to frame the overall energy situation. what does it mean to be providing support and urgent needs today in repairing and strengthening the addition a -- additional system while looking ahead long-term -- how do we manage all of those different aspects in tandem? >> thank you. thank you for having all of us here today. i appreciate the question, certainly, for ukraine as well as the international community. it will be critical that we do address these multiple priorities simultaneously. at the offset, i would like to point to where we are now energy sector. of course, we are fundamentally affected by october of last year, with the bearish and beautiful -- brutal impact on infrastructure. by russian missiles and drones. the ukrainian showed dementia courage and ability to get through the winter without any long-

big day for stocks after that meta moment nasdaq leading, but a god od day for the dow. 550 points honeywell giving the industrials a much-needed lift interest rates are higher despite the lighter than expected rate on gdp s&p good for almost 2% that's better than 80 points >>> it brings us to the talk of the tape the meta caps. deidre bosa is here. >> we'll get a little bit of the consumer and a lot on the enterprise to with this cloud business a lot is at stake. we know the business has been de decelerating i think as much attention is going to be paid to that core online source sales. it's missed expectations investors want to know all these investments, all the extra capacity that amazon added during the pandemic is going to pay off. that's going to be important a bright spot could be advertising. so far from the other mega caps, meta, alphabet, hasn't been as bad as feared. that's the theme going into amazon can amazon pull that off as well >> what a ramp too, dee. we'll be back to you we look forward to those earnings coming out. >>> analyst mark maheny is with us now 155 bucks is the

swan song honeywell won't be making any big decisions. the guy's being dealt a great hand by darius next up, wow, this big one, eli lilly. will they talk about the alzheimer's drug they just completed a clinical trial. will they give us a more refined roadmap about when mujaro, their diabetes/weight loss pill -- vaccine -- needle will get fda approval there's a lot on the line for this club name it's been among the hottest stocks in the market i think that there could be a better entry point stock's been on the run. if you want to know which stock will have the biggest up side will be the very boring her shey the analyst keeps low balling them amazon i expect to hear about the slowing of amazon web services down as low as 15% used to be 35. hopefully they'll tell us about aggressive new layoffs time for amazon to clean house again. the stock's 3% gain may be a prelude to something very positive that they announce next week friday's all day as we get results from chevron and exxon and the two former standard oil divisions. exxon's been win

rallying 11% right now lifting many votes within the nasdaq today we will hear from caterpillar, merck, honeywellsouthwest and american airlines all reporting before the opening bell. as for close amazon and intel on top. markets are higher take a look at the face of the earnings, they're down gesture up 83, and the s&p 500 higher by 19. we are awaiting the first read on first-quarter gdp out to a half hours 8:30 a.m. eastern stay with us on that, growth expected of 2%. european markets with a firmer tone as the p100 up six, cat con 31 and jack spiked 25. in asia overnight green across the board, the major embassies showing fractional moves to the upside. join the conversation already long strategic wealth partner mark tapper in the president of partners while untimely partner and minority leader goldberger rally right here "mornings with maria" is live right now. >> passing the debt ceiling last night and nero 217 republican votes in 215, four republican congressmen voted against the bill not gates, and ten, finds a fox news poll 50% of americans are against raising the debt limit while 44% are

stock futures pointing to a higher open as we await results from three dow compon components ho honeywellt quarter up beat guidance. >>> and house passes debt limit bill democrats are looking to avoid default. speaker mccarthy joins uses live from washington. it is thursday, april 27th, 2023 "squawk box" begins right now. >>> good morning welcome to "squawk box" here on cnbc we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. let's look at equity futures this hour. there are green arrows right now, it looks like the dow indicated up80 points.

caterpillar, disney, honeywell and 3m. winners at this time, first republic report after the bell this afternoon. medtronic, lumen crown castle, etc. and nasdaq composite top performer and now amazon about 65. 108 dollars a share a bit of a run. ten year treasury yield, where are we? 2.52%, not much change. cold a couple weeks ago well above $2000 and not at 90 at 87. big coin $27000 and change. oil roughly $77 a barrel and gas didn't do much this winter, 2.21. coming up, should voters be concerned about president biden's age? the new york times editorial board says this quote if he runs again, mr. biden will need to provide explicit reassurance to voters. many of them have seen family members decline rapidly in their 80s watch out. impending nightmare ai poses for media elections, joe concha wrote that. i'll ask how the deep take video got into the chicago election. the white house wants to control emissions from natural gas power plants but the measures are generating huge controversy ones that make energy more expensive

. >> jason >> honeywell, for all the reasons i mentioned earlier.i see continued runway >> he's reiterating a buy in other words. steven weiss >> i still like united health care i think their stock will be off to the races >> you guys are really original. josh brown, do you have something new? [ laughter ] >> i'm going to long amazon. good help me >> thanks, everybody "the exchange" is now. ♪ ♪ >>> thank you very much, scott hi, everybody. i'm kelly evans. here's what is ahead on "the exchange." our market guest has some unique ways to find stocks on the upside and he's bullish on one reason in particular he think also drive upside. we have the details ahead. plus, the biggest standout with meta's results might be how much it beat on revenue guidance. we'll look at why with the stock up 14% an

monster, 46 cents, 66 cents, american airlines, dollar 10, guidance, honeywell, mastercard, these areig time names, the solid names, core really of our economy. still though, there is this sense that we're heading, what we are obviously in the second quarter of negative earnings. we're actually have three quarters of earnings. a earnings recession. the big question right now how do we deal with all of that. meanwhile always casting a shadow over what we do is the federal reserve. right? so they look at information like this morning's gdp report which goes back for the last three months. it is really, really old. they hash that out to make decisions that will impact all of other lives. that is why i love this tweet overnight from elon musk. the data which the federal reserve is making decisions is much too, it is too much latency. so really key critical stuff, this is a frustration that i have had for a long time. i want to bring in ria advisors cio lance roberts. lance, let's start with earnings season. you have to be somewhat impressed so far? >> i am. i call it millenial earnings se

carrier, for example, caterpillar, honeywell all doing well.nd, by the way, if we do go into a recession, industrials have a history of coming out of a recession leading the market. but infrastructure spending is up across the u.s. and also around the world. so we like the industrials. also, charles, for firms, you're talking about the banking sector, we would look at preferred in the high quality, money-centered banks. they're offering a nice return, you don't have to take on too much russ aring. they will help provide yield in the portfolio. charles: great stuff. thank you so much, quincy. >>> coming up, folks, what's a winning mindset, right? a basketball superstar grappled with the question of failure and suggested just because they lost doesn't mean a that they failed. everyone's seen this video, it's gone viral. i'd love to hear your opinion on it. tweet meth cb payne. beverly hall burg's going to give us her winners and losers of the week at 2:30. but first, my next guest says betting on a recession could actually wreck the market. break

honeywell, johnson controls and schneider electricer products that help occupants and manage their energyou. tim, you in some of these names? >> trane and i -- some of them have been great long-term holdings, because a couple of these in that space, which are also in your home builders etf have performed over a couple years. if you look at some of those names, they really fell when you had this run at silicon value bea lank, which is kind of strange. i can't really speak to what they're doing on the green side, i can certainly speak to the efficiency of the business and the margins they're performing at, and it's not expensive in a world where we had a lot of pressure on these companies, i think this is weakness you're buying >> karen >> i've always sort of liked the industrial space and so, i don't know, i don't own any of the names listed there, but i -- i do own home depot and lowe's, they're all related, but i don't own these, kind of thinking maybe i should >> i feel like when you start buying things on a premises, i had a premise on the in infrastructure deal cutting checks for cate

have it in the pole position, number one best performer on the blue chips and then to followed by honeywell which is up 4%. totally different business from communication services. but the maker of aerospace and. the control systems coming with an 18-cent beat during the quarter on revenues of $8.86 billion. that is also a beat. disney in the number three position, it is the having a solid season as well. coming up, we're going to take you live to orlando for the very latest on the battle between disney and the state of florida and, obvious, its governor, ron desantis. to the s&p and the nasdaq, they are having an even better day hand the dow as far as percentages are concerned. after yesterday's 15-point loss, the s&p is gaining 80 points or nearly 2%, but look at the nasdaq. we are at session highs right now for all three major indices, but the nasdaq is a huge, glittering, sparkling winner here, up 2.5% or 286 points. yesterday it was the only major in the green with a 55-point gain, so now we're looking at a pretty significant 2-day win, and it is thanks in great part to meta. shares of

mark lofgren from honeywell. he is the president of eastern european affairs. alisa who is the in vice president of needs, and roger martello, the chief sustainability officer. thank you for joining me. laura, i want to start with you. i wanted to ask you to frame the overall energy situation. what does it mean to be providing support and urgent needs today in repairing and strengthening the addition a -- additional system while looking ahead long-term -- how do we manage all of those different aspects in tandem? >> thank you. thank you for having all of us here today. i appreciate the question, certainly, for ukraine as well as the international community. it will be critical that we do address these multiple priorities simultaneously. at the offset, i would like to point to where we are now energy sector. of course, we are fundamentally affected by october of last year, with the bearish and beautiful -- brutal impact on infrastructure. by russian missiles and drones. the ukrainian showed dementia courage and ability to get through the winter without any long-

could they do both >> maybe honeywell is doing carbon capture.art -- >> the linde deal that exxon announced last week. >> nobody cared. >> 2.2 million >> i cared >> linde had not even admitted they were involved with that. >> i've got it right here. i always am amazed you keep track of all this stuff. i printed it out 2.2 million metric tons of carbon guy oxide, from a plant that hasn't even been built yet. exxon mobil is in the carbon capture business, trying to make money from it. >> i had danbury on. it's lucrative. >> would it make sense for exxon to own them? >> you betcha. there have been apparently informal talks. >> i think they have i think price has gotten in the way. exxon is very disciplined. >> why don't we be like everybody else, make this up. >> i prefer not to do this. >> it could be this weekend. >> if david throws a strike, we do that deal. >> i say to my wife, oh, we own pioneer for the travel trust this is going to be so big she looks at it and goes, jim, other than the headline, nothing in here says it's going to happen oh, i

is interesting, in light of pretty good performance this morning in some other industrial names, honeywell, jim, a catalyst buy over at goldman. >> a hideous performer since 2021, down 30 points i own that, but i've owned that for a long time. but he's retiring. they've done a lot of great things the stock is very undervalued. that's a good thing. >> piper offering a bunch. >> very interesting piece because they said it's not a matter of demand it's the actual raw cost, and i thought that was very -- i've been waiting for that call to be made for a long time, because we are the lowest cost producer of so many different chemicals. it talked about how we have an advantage in america because of our natural resources, and i think that dow, by the way, is a very inexpensive stock >> you mentioned deals, and we have that other one that we should get to as well. that's triton international. this is not a deal that was leaked or aware or made aware of in the marketplace at all, so you do see 35% -- it's a 35% premium overall. brookfield infrastructure, it does trade it's part of, you know, brookfi

great point because what we're seeing across the industrial sector, companies including ge, 3m, honeywelluse the industrials as a barometer of economic growth perhaps we look at all of these companies to get a sense of which parts of the economies are holding up caterpillar on thursday which is a good pulse on construction and machinery. it's the broader story now. >> yeah. less conglomerate discount and more focus. >> maybe bigger is not better for the industrials. >> we'll see. >> shrink to grow, the motto. >> seema moody. >>> wedbush's top picks a ahead of results from google, microsoft, meta and amazon and why they see f.a.a.n.g. rallying double digits this year. don't go ay.wa ♪♪ choosing miracle-ear was a great decision. like when i decided to host family movie nights. miracle-ear made it easy. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. now i enjoy every moment. the quiet ones and the loud ones. make a sound decision. call 1-800 miracle now, and book your