and trading target how traders are positioned ticking into high gear l3, northrup, lockheed soaring as the russian/ukraine conflict moves on the best performing sector, occi, devon leading the way. investors brace for moscow to retaliate with online attacks. some of the names jumping today. despite all across the sector the broader market end of the day pretty flat. s&p and dow both broke the two-day win streaks. the nasdaq managed to eke out another gain what does this market action tell you, tim? >> if you asked me what i thought the market would do today, i'm dead wrong. guy says it's a lot. guy is usually right more than wrong. if you read the press, had smart people in the markets there were discussions of things related to discussions. if you think about the potential for the pipes getting clocked, we need them to say they will provide extra dollar lines we didn't get that some of the obvious trades were ones that were hard at work. treasuries rallied yes, oil rallied although i would have told you oil would have been up north of 10% and i still think that's a trade that you have

lockheed accounts for 30ers of aerojet's sales.e acquired by another suitor that is not as large as lockheed. we will see how it plays out. >> yeah, i noted earlier from an m&a perspective, you know, a aerojet rocketdyne's advisors may haveered in not having a reverse brake fee there given one would have taepd tanticipatr was a threat of regulatory turndown, so to speak, or at least they would not take it well but, no. lockheed is getting away without having to pay any additional money, which is interesting. but this was a deal initially that the dod supported, was my understanding. you obviously know more than i do it was the ftc that opposed it i guess there had been a believe the department of defense would be able to kind of override any concerns at the ftc, which did not happen. >> i think it speaks to why aerojet rocketdyne's portfolio is positioned and how the future of warfare and national security efforts are expected to play out around things like hypersonic missiles and space travel and flight and all of these sort of ne

lockheed martin senior vp joins us right now. good to have you with us.sions are escalating in ukraine. geopolitics, the news of today pretty much. is that prompting greater demand for weapons? what are you seeing at lockheed? >> certainly -- and by the way, it is wonderful to be with you. certainly, events like ukraine and elsewhere in the world bring attention to this. i think there is longer term trend. there's a lot of entities began small who are threatening security in a lot of different ways. there using high-tech not -- hi end technology and that has -- a broader interest in national security. that rises the broader market more than individual blips, but they certainly bring attention. >> what are they wanting when it comes to these weapons and aircraft? do the -- do they go beyond f-16s? >> i think certain they across this region we see everything from maritime surveillance and anti-submarine warfare, helicopters, combat aircrafts, f-35's, air defense are big certainly within this region. a drive toward connecting systems together, you drive towa

jim, you own lockheed., is now the time to be upgrading these stocks they've had a nice move for obvious reasons. for somebody who thinks this could be over in a couple of weeks, why should i put new money to work in these stocks and you think the worst of the conflict could be behind us in a couple of weeks? >> you've got to take the longer pec picture here, which is that for a year, a year and a half, these stocks have underperformed it's been the premise that with democrats, defense funding would be slashed that hasn't been the case. with events we're seeing, not only in the u.s., but particularly in europe, you're likely to see many years of increased defense spending that's likely to be a semipermanent change coming out of a short-term conflict now i will say this, scott this is important. with the moves these stocks are moving today, i wouldn't rush out and buy lockheed and ratehon. i'd let things settle down, but over the long-term, these stocks are going to regain the mojo they have in the last deca

i think the key is lockheed martin. >> lockheed martin >> yes it's the one -- they have -- >> okay. >ave big numbers. if you see lockheed martin reverse, then you'll know that -- [ applause ] >> yeah. [ cheers and applause and not schlumberger so let's watch the munitions companies. i think they're up too much. [ opening bell ] >> there's the mayor of new york eric adams he'll join us on set in a few minutes. over at the nasdaq -- [ applause ] >> we'll go to first rise. it's the biggest deal i've tracked this morning dollar wise that's "t-d. we're talking about first horizon corporation. guests you've had on. >> yeah. i have them on on "mad money." >> yeah. it's a large deal. it's a fairly significant -- 13 let's call it $13.4 billion. $25 a share. "t-d" getting bigger in the u.s. >> this is shock mog me. brian geordan has been working endlessly and made acquisition everything he does is -- everything even though he's a great banker. it's tremendous cost and, you know, in the end it wasn't enough to move the stock. why? because it's tracked by the etfs it didn't matter if brian is a s

we are in the clean room at lockheed martin in denver, colorado.inal preparations are for their goes r series of satellites now notice all of the equipment that i'm wearing here. this is to protect those satellites so no debris, dust or dirt gets on those lenses. it's important because all of that data is going to be fed back to us, and we're going to be able to improve our whether predictions and those forecasts and so you're looking at the goes, you satellite. that's the last one will be launched in a few years. but what this does is it gives us imagery and so it can send back down to noah, and they can better make those forecasts. so let's use the hurricane season as an example when those storms move over warmer water. we can track that rapid intensification. that is just one of the capabilities of these amazing satellites and from here in the clean room at lockheed martin in denver, they are shipped out and then they will be sent into space. and that is when we'll get that real time data back. for years to come, and that will help us improve ou

flip up the board, northrop grumman and lockheed martin.eed shares slightly higher probably for a different reason. that deal that was apparently going to be blocked by the federal trade commission. spelunking apparently got a bid from -- splunk apparently got a bid from cisco. speculation about m&a remains in that space. peloton shares down slightly after the interview with the new ceo gave to the financial times saying he does not plan to pursue any type of m&a for peloton. tom: we finally have headlines across the european time zones. this from mr. putin as well. nato eastwards expansion is endless and very dangerous. going back to the core visibility of the nato issue. we talked about mr. stoltenberg in romania late last week on the black sea. we will continue to monitor those headlines out of russia. oil under $94 a barrel on brent crude. tom: the history of that line all those decades ago. when he floated that idea of not moving an inch eastward. and we are still debating what he meant by that. the u.s. decided their interpretation of

here as defense contract a lockheed martin is scrapping a $4400000000.00 plan to take over rocket engine maker aero jet rocket di regulators in the states had sued to stop the deal. the federal trade commission argued it would lead to higher defense systems. costs is the 1st time in decades the f t. c. as opposed to defense sector deal. the world trade organization says truck global trade bottlenecks. it should ease in the coming months with the most pressure coming from demand spikes, as opposed to supply chain snacks. but the, the whittier is chief economist says supply disruption will be more obvious in the auto sector or in industry shifting to new manufacturing helps take his present reject tie a pair to one has announced that sales tax on stable foods will be reduced from 8 to one percent, as meant to give current customers some relief from the, with the official inflation figure at 50 percent or thereabouts tapped on flour and bread is ready. one percent speaking of which turkey's runaway inflation has been making headlines for a while now. in berser, the hub of the country's car

two of the handful of stocks are general dynamics and lockheed martin we'll take a closer look at thepending and which companies stand to benefit another security in this conflict cyber. names like palo alto and cloudflare surging we're back in a momentp to 10 verizon is going ultra, so your business can too. ♪♪ care. it has the power to change the way we see things. ♪♪ it inspires us to go further. ♪♪ it has our back. and goes out of its way to help. ♪♪ when you start with care, you get a different kind of bank. truist. born to care. it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ [bushes rustling] [door opening] ♪dramatic musi

let's take a look at lockheed martin and aerodynamic. the deal has been called off. they decided to pull the plug because the sec sued to blcok it. lockheed wanted to do the deal to bring the technology in-house to develop hypersonic weapons for u.s. military. whenever you talk about the defense sector that often, it was a sizable deal now being killed. it seems like the sec is on a bit of a role in terms of their antitrust work. so if you were glued to your screen this weekend you might not have thought about that one. emily: the popular crypto platform has agreed to pay $100 million to the sec and 32 states over allegations it illegally offered a product that paid customers high interest rates to lend out there digital assets. current block five customers continue to earn interest on their existing investments but no new customers in the u.s. allowed. they plan to register a new crypto lending product that will satisfy the sec's rules. joining me now is zac prince, the ceo and cofounder of blockfi. so why not register with the sec a few years back? zac: hey, emily.

billion takeover by lockheed, which already antitrust regulators had moved to block. during the merger developments, we actually saw the board fight continue, as it was revealed that there was the long simmering tension between the chairman and the chief executive officer. and now we are seeing the lockheed martin has terminated that pact by aerojet for $4.4 billion, as u.s. antitrust regulators have moved to block the merger. haidi: let's get to vonnie quinn with the first word headlines. vonnie: tensions over russia's military buildup near ukraine are entering a potentially decisive week. the u.s. says an invasion may be imminent while vladimir putin accuses america failing to meet its demands. a phone call saturday between biden and putin made no apparent progress. there is a distinct possibility of major military action soon. pakistan has warning that afghanistan could send -- threaten regional stability. the prime minister pointed to the u.s. refusal to recognize the taliban, coupled with sanctions and frozen assets. he says foreign governments have no choice but

you are seeing a lot of defense contractors including lockheed martin, nor

another big development that's impacting the sector lockheed scrapping the deal for rocket and missileay. >> morgan, thank you so much this has been a tough environment to get deals done. we watch stocks head to session lows on the concern. we'll pick it up with "power lunch" right now ♪ >>> welcome to "power lunch. i'm dominic chu in for tyler today. putin's power play as the u.s. warns of an eminent attack global energy supplies hang in the balance and focusing attention on the under the raw car lng. buy this and sell that a veteran trade we are a list of stocks to own and those to ditch. and no price like home inflat

the ceo of lockheed martin, the ceo of boeing, the cl raytheon, the ceo of groman, the people who run the complex that why can't members of congress stand up to them then mr. wilson, i mean, you know what you're saying? it's, it's not completely new. you know, maybe it's a little bit and i even tell you here in this question, but you know, what about the elected members of the united states? can't they stand up and say, no, this is not in the interest of our national security. as an excellent question ever since citizens united, the supreme court decision, essentially declared corporate money just like people's money. that is, a corporations are human beings. under the law, we have had such a pollution of money and our political process that the chairman of the senate armed services committee, the chairman of the house armed services committee, all the members of the committee, all congressmen and senators who work anywhere near defense if they're not of the progressive caucus or whatever and just committed to cut the budget are for the budget. look at what just happened. $76800000000

. >> you have got a background and telecom and what do you see in the budget process where lockheed might improve way d.o.d. does business? how might you start to do that? >> i think it hinges on what kendall just said about flexibility. that is within programs and across programs as well. i can give you an example of that. but i think the basic problem that we are facing is there is an advancing threat, as you just said, frank. and there is no denying that. it's a multi-front. we are in space and cyber where we never really had to contend before in any concerning level like we have today. and there is going to be a roughly flattish budget environment to do that in. and then that drives you to an efficiency argument. how do we get more efficient with whatever budget congress comes up with? i think for industry what we have done and been very good at is applying physical or newtonian world technologies to the requirements as designated very specifically often by the defense deputy. and in delivering those programs and products and systems and platforms. i actually think we need to turn thi

black eyed that genocide you live, lockheed b and c paso b. no city at harmond while for e. shelly and humiliate family here is russia has consistently, at all levels, well as advocate is good for political diplomatic, new through grad school on settlement of the switch for ukraine and concord, which is basically putting them to civil war alignment at all levels. and also in the parliament, we talk about this to a new solution. no one had, let him know that no one listen to us. they were just imitating implementation of the means, coroner groundless loop of meetings, all the count, the group that made no sense that brought you ready to give you my, my daniel. and it became obvious at that. can you pop it from the kid regime? it's not that they do not want to, i didn't make any decision, they can't make any decisions. so, when biden steps, you thinkers, that's very big, general is being fired at the current leave. they wanted the conflict and you're going to be over. they just needed to make an instruction with to the key of leadership that ver

i didn't think united states is actually the leader, the cone, or lockheed congress maybe. and of course, ukrainian lobby in washington. there, there is one there as well. but, but a but it's the media hadn't played a very, very good row. i found it quite hard to get stuff in the british press, which takes russian security ah, concerns seriously. and it's a, it's hard to place these things. i mean, i, i succeed, but you know, with, with difficulty. so there's a cold war. there's a cold war atmosphere, but it could run out of control if it was allowed to. and that's why it's very important to diplomats and states. one must start talking with each other, and again, i am besides the point, ukrainians must start talking to russia. but i mean, what do you think about the absolute support that the british labor party is giving for board johnson's position? i think it's an example of the official attitude. it is the one that they feel that in this crisis there should be a national solidarity. behind this policy, all are threatening russia with sanctions and severe sanctions. but y

and the coalition continuing to mostly use air raids to and of lockheed to try to assert the high, the former president, heidi or the internal doesn't have the back to power. so we'll get a very compact explanation of how we got to this place. i deal with saying, hey, on the string today that we are seeing this intensifying will happen in yemen. are you seeing that to what are the sites? yeah, so, so just so answer the question about the why the, the simplest killing. and i think the main reason for that is the lack of in the accountability mechanism to, to hold all those actors accountable for their violations of human rights and further work crimes. and that's why we conflict park. he feels that they are at liberty to, to pursue their own interest regardless of the, the suffering that they are in place of on the population. and regarding your 2nd question. unfortunately, the conflict is escalating, especially talking this year when, when the note pack is moving the complex way be any way by firing this all if i know the air for to be for example, on other areas. and in retaliation, w

stuart: oh, okay so tell me about lockheed martin go ahead. >> lockheed martin is up 15% in the lastt has grown the dividend 20 years in a row. our thesis on lockheed martin has nothing to do with russia ukraine. people say well there's maybe war breaking out, don't people want more of those? there's a huge lag between order s that get placed from the pentagon and they end up getting to the bottom line of the defense companies. lockheed has to have a backlog of orders they are a cash flow generating machine and they pay a growing dividend. stuart: chevron which you recommended before. >> many times, we made an awful lot of money with it, i'm bringing it up again because of the russian energy discussion. there is no question that you're going to end up with a higher margin. these producers, exxon, chevron, make money at $50 oil, they make plenty of money at $50 oil. 93 may not stick, you may end up in the 80s, that's a higher baseline than 50. it's higher margin, more incentive to produce, and again, all the biden administration is doing to hurt oil & gas in the states, helps exxon an

murdered by nazi germany in world war 2. bareback later met with israel's foreign minister, gary, lockheed and de schedule to travel to ramallah and the west bank to have talks with the palestinian president mackwood as abbas as well. and we'll go over to tel aviv where d w's tanya kramer standing by for. she's been following this story for us. hi tanya. so the german foreign minister met with her is really counterpart, as we mentioned, what came out of that meeting while the bo center here in the meeting with the price that it was very cordial, a very warm meeting there, where they seemed very much at ease with each other and both highlighted know the main, talking points of their 1st meeting here together in tel aviv or foreign minister. it is ready for minister yet. ella, p a t, you barn is a very important topic right now for israel is most very closely watching. what is happening in vienna, where well, powers and iran are trying to revive the nuclear dia, the j c p way. so that's a very important topic for the israelis both highlighted that it's important to fight growing onto semitis

now i did my abraham smith, lockheed martin abraham. okay. and you know no down, no down with lenovo. i grew up with them, so i wanted to properly, i exclaimed, program. and so i made the director of theater. but i also only work on the outside programs that change communities. and i wanted to bring my program here to this community. so the project that i want to bring here is a, is a women empowerment project. we work with some special people in nigeria who i am. denali would feel when industry. i'm now starting my program to d. today's the 1st day that i'm going to meet with about 50 women. we will build a community center, a platform where we will do the show where now hoping that that platform will become a community sent out so that we many your community can participate and can benefit from it. so i'm here to ask your permission. thank you. you're welcome. i'm so group truly because you know, we are this, it well for me to let me put this week. i look low monday, elaborate belligerent. every day, i beg to increase. many, well, many orga

and bathing just now that will sanction to washington's top defense contractors, raytheon and lockheed martin once again. this time over 100000000 dollar deal for the 2 companies to help maintain timelines missile defense system. previous sanctions against the companies were announced in 20192020, but this time china cited it's a new anti for infectious law which was created as a response to us sanctions. now this march, the latest, and the continued tension between the world's 2 largest economies. while us argue that has the right to sol, taiwan, millions of dollars in weapons under the 1979. taiwan relations act, while making argues at washington is in violation of the one china policy which sees china as part of sorry, which sees taiwan as part of china. and is therefore a threat to national security. us arms sales to taiwan and china seriously violates the one china, principal and visions of the 3 china us joint communiques, especially the august 17th to communicate seriously, undermine china sovereignty and security interests. damages china, us relation and peace and stability in

lockheed martin scrapping a deal to acquire rocket engine maker aerojet.as those details. cheryl: good morning. the decision coming after the federal trade commission sued to block the $4.4 billion deal last month over antitrust concerns. merger drawing criticism because it would give blockade at dominant position over a vital piece of the us missile industry. saudi arabia transferring $80 billion worth of shares of oil giant remco. this is part of a plan to boost the public investor fund assets under management, low energy prices the king of the investment and subsidies at home with the state remaining the larger shareholder. to the beijing olympics, russian skater has been cleared to compete in the women's figure skating competition despite failing a pregame drug test. arbitration of sport giving her a favorable decision partly because she's just 15 years old. decision creating backlash with the us olympic and parikh olympic committee saying they are disappointed by the message this decision sends. and finally, post a super bowl. 56 the super bowl is in

in fact, the budget for lockheed martin alone exceeds the size of our state department and development budget, so how are we supposed to lead with the things that are not military power if we are not empowering the ones who have those other tools at their disposal? now we have had some improvements, some improvements in morale, but it has not gone far enough yet. if you care about these issues, again, reach out to elected officials. host: her book is called "the dissent channel, american diplomacy in a dishonest age." we are talking about the u.s.'s role in assisting democracies worldwide. 202-748-8001 for republicans. democrats, 202-748-8000. all others, 202-748-8002. on the independent line, monty in georgia. caller: thank you for allowing me to speak. and i had to hold for a a while. how are you today? guest: very well. caller: my comment is that -- americans call in every day, we listen to c-span, and it is a blessing to be able to make comments like these. i agree with the guy about the military industrial complex. the u.s. military is pretty much the arm of the elite. people who

we checked in among jim risch's top donors are lockheed martin, raytheon, northrop grumman, the war lobbyntirely surprising that jim risch wants more. risch cannot admit it in public so when cnn use the line you so often hear from washington firm or enthusiast trying to hide their real motives. ukraine is a democracy. we side always with countries that are democracies. pretty familiar stuff. but we wondered. cannot really be true? is all of this really about democracy for jim risch? so we checked that. it turns out this very same jim risch, the archenemy of nondemocracies everywhere, has heaped praise on the corrupt theocratic petro monarchies of bahrain, qatar, and saudi arabia. senator risch calls them partners and says we ought to send them more weapon systems even though those countries do not allow voting. but wait a second, jim risch of idaho, you pompous neocon buffoon. those places aren't democracies. they are the opposite of democracies. what's going on here? we call senator risch and asked him to come on the show and explain and he refused. we sincerely hope you will reconsider.

lockheed up almost 5%.l increase the defense spending and will show you renewable energy group chevron has the stock up 40% chevron up 1% and the acquisition impacting the other alternative energy names all rusising nicely 10% today. >> thank you. >>> the latest sanctions from the u.s. hitting russian exposed firms sending the names and emerging markets lower we'll lay outy 6:■ o this.j■ as a small business owner, your bottom line is always top of mind. so start saving with comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts. saving you up to $500 a year. so boost your bottom line by switching today. get the new samsung galaxy s22 series on comcast business mobile and for a limited time save up to $750 on a new samsung device with eligible trade-in. when it comes to cybersecurity, the biggest threats don't always strike the biggest targets. so help safeguard your small business wit

we are also seeing a big bid come into the defense contractors coming putting lockheed martin and northrop key missiles our navy uses. those are up about 3%. mining companies getting bid. newmont, barrick gold up a couple of percentage points. we can't forget about the russian stocks that trade here in the u.s. yandex down 29% in the premarket, coming off of a 36% slide over the previous days. tom: we are continuing to monitor markets on the move. i'm looking at the u.s. to year as well. i think that is at a creek level. -- a critical level. jonathan: does this change things for the federal reserve? we are risen the range of the last few weeks. we have not broken through that, still in and around 1.50%. tom: right now with a broader view, whal -- broader view, wei li joins us, local chief investment strategist at black rock. how will black rock deal with the regime shift mr. putin has handed us? wei: there are many ways to look at the definition of regime shift. we talk about the fact that we had a very rare companies in of stock up, bond down return last year, that was our expectation. fo

lockheed and north europe are higher general dynamics and boeing are all under pressure really a pushtentially more defense spending, more demand for certain types of weapons systems against what the potential negative impact could be on something like commercial aviation, as you are seeing some of that airspace in the region close. we are joined by roman schweitzer points out this morning, to, quote, expect congress to promote emergency spending quickly. we have had a number of conversations where -- and you are not the only person. everybody i have spoken to within the defense and national security industry is saying this, that defense spending is going up both domestically and internationally among our allies just given everything we are seeing playing out with russia and ukraine, what could that trajectory look like >> good morning, morgan. it's great to join you and, look, i really think we are in unchartered territory i know there is a lot of metaphors and historical examples to use. but i will use the most recent one. if you look at the fed spending after 9/11 it went straight

you are also seeing some bids come once again into a lot of those defense contractors, and putting lockheedorthrup, and a few others. tristan commentary out of general electric, saffron, rolls-royce, and some of the other big makers of jet engines about the supply of titanium. more than half of that came from a single source in russia, and there are some concerns about how these companies are going to diversify their supply. ge did not address this directly, but we did get commentary just before the invasion out of pratt & whitney come of the idea that they are looking for other sources, so that is something to keep an eye on as well. citigroup, j.p. morgan all down yesterday, despite the broader rally. tom: to close most event for this afternoon and important with romaine bostick. right now, we've got so much news flow in the later afternoon of ukraine, poland, up to moscow as well. on investment, robert tip joins us, chief investment strategist at pgim in the real world of debt. as you look at all is here research capable -- all of your research keep abilities, as a general statement, wha

amy: raytheon, lockheed martin, general dynamics all fund the center for strategic and international and influential think tank that supported this military action in response to the russian invasion. you go back to the famous promise that as secretary of state james baker made to gorbachev, when was it, in 1990 saying "not one inch eastward" that promise that nato would not extend to russia's border. medea benjamin, if you can talk about what we here in the united states on the corporate networks, the lack of presence of those who were opposed to a war with russia? >> first, i think it is very important you bring out who in these defense contractors and military contractors are benefiting from this. we have given over $3 billion in both legal aid to ukraine since the 2014 coup and the nato alliance itself, there are some organizations that come together to do things like reduce poverty or greenhouse gases. the nato allies has a goal of increasing the percentage of the gdp that country spent on the military. it is actually a goal. only 10 of the 30 so far have reached that goal and t

lockheed martin and northrop grumman are your examples.lly, oil companies that have that american exposure. a great example is eog resources. other commodities as well, simply given that russia is a big export driven economy, important to see that a lot of those prices are going up given geopolitical premiums. let's end with the bond market. as you see yields coming down below the two-year yield, nearly flat because we are starting to see a bid in those money markets. the idea that in geopolitical risk, you want their money -- you want your money where there is the most liquidity. even those in the etf world getting quite a bit. guy: thanks very much, as ever. over the weekend, the u.s. and the eu ramped up sanctions on russia. that has raised concerns amongst some of the companies doing business there. we were just hearing about that from kriti. one of those is wework. we are joined by bloomberg's ed hammond, standing by with the ceo of wework from the j.p. morgan leveraged finance conference. ed: thank you. i'm joined by the ceo of wewor

what you think about the idea lockheed might be able to improve business? >> it is flexibility. that is within and across programs. i can give you an example. there is a basic problem. there is an advancing threat. there is no denying that. it is multi-front. we are in space and cyber. there will be a flat budget environment, and that drives the efficiency argument. how can we get more efficient with the budget? what we have been good at has been applying physical or newtonian world technologies to the requirements that are designated by the defense department and delivering programs, products, systems, and platforms. i think we need to turn this process on its side and have a more objective outcomes where we can compete on that, but have flexibility in how that goal is achieved, rather than very specific requirements on how to achieve it. that is one place to add flexibility. the second places reallocation within the services, and maybe have the combatant commanders have some flexibility solving the problems. what we are finding in the year and a half i have been out that the i

the break even line for the holiday shortened week i would note, aerospace and defense companies, lockheed, amid the russia political strength that's going to do it for "squawk on the street. tech check starts now. >>> good friday morning, welcome to "tech check," i'm carl quintanilla, with julia boorstin the s&p is on the cusp of going green. russia is willing to speak with ukrainian officials. how to maneuver your portfolio amid some of these moves we check in on some of the biggest names in crypto. block, coin base moving in op silt directions. block, formerly square, up 20% and later, look up to the clouds, ceo of vm ware will join us to break down the earnings and supply chain issues amid this ukrainian crisis. >> we're going to start with a big swing for tech stocks yesterday, and how it's being played today dominic chu has that for us. >> a bit of a breather, and maybe understandably so. it was 24 hours ago we were sitting together talking about the initial signs of some of the bounce we were seeing in some of the most beaten up names in the nasdaq specifically, and amongst that tra