it's lockheed martin. lockheed martin has a good yield of about 2.7%, still trading at a reasonable multiple, and i think there's more upside from here & companies such as lockheed martin in the industrial sector, or even walmart in the consumer staples or sempra energy in the utility sector is a good way for investors to diversify but not necessarily completely abandon large-cap technology stocks such as certain of the mag 7 names. liz: roosevelt really quick. what do you think happens perhaps tomorrow? this is a pretty serious sell-off i would have to say especially with the small caps and with the nasdaq down 3% at the moment. >> i think you could see a continuation if wages come in lower. i think that will be the main focus in the labor report tomorrow. if we think about households, they are still saving about 60% of what the long-term savings rate is, so there's room for households to save more. that's likely to happen if they are concerned about their job prospects so it's not just jobs, but also wag

at lockheed martin we have the tools. instead of resting on our past we are investing in the future and embracing to embrace the leading edge of technology. where data transport network is the digital backbone to connect sensors to shooters and enhance the speed. where a mixed generation missile defense architecture drives warning and deterrence and advanced position, navigation and timing systems penetrate the most sensitive areas and immediate real-time collaboration and provides warning, targeting, tracking and investment capabilities around the globe, where in-orbit drive dynamic space operations and test and training environments provide joint war fighting solutions and prevail in conflict. from concepts to capability, from the geo graphic, our seam last architecture is has a foundation ensuring those we serve always stay ahead. >> ladies and gentlemen, please welcome to the stage, vice president and general manager, national security space, lockheed martin space to introduce our open plenary session. [applause] >> g

>> we were able to be the first university to divest from major weapons manufacturers, including lockheed martin, caterpillar plant here and leonardo sfsu. >> students were part of the nationwide gaza protest encampments in may. the university even held an open negotiation session with students. students peacefully dismantle the encampments at the end of the school year, with the goal that negotiations would continue over the summer. to say we do not want education to be invested in the killing apparatuses of the state and global imperialism. reporter in a statement, the san francisco state university foundation says in part, the results of this plan will strengthen the foundation's stated commitment to reflect the university's values while also increasing transparency around investments. sfsu professor valerie francisco chavez says the university has a history of antiwar activism, but that even this divestment agreement is huge. >> we see as faculty what students can really do when they organize and they stay united and have a just cause in mind, which is to stop the genocide in palestin

with the acquisition, lockheed will pay off taron's debt and setup a $30 million capital facility toe company running, reporting less than 15 million in cash reserves at the end of july with a $300 million mountain of debt, the deal is expected to close in the fourth quarter of this year for its part lockheed martin is down half a percent. let's look at tapestry. this is a luxury retailer reported a fourth quarter beat thanks to robust demand in europe. tapestry up 4%. the parent company of coach and kate spade saw european sales really perking up climbing 26% year-over-year. tapestry also said it's confident the $8.5 billion purchase of competitor capri holdings will go through after the federal trade commission filed a lawsuit to block the merger, which they're doing a lot lately. tapestry says the rival acquisition is pro-consumer and hopes to close by the end of this year. we knew from robinhood the story of robinhood that he stole from the rich and gave to the poor but did you know the commission-free-trading app robinhood is stealing an entire key demographic from the biggest o

what you think about the investor reach company called lockheed martin?buy lockheed martin. i think you have the trust. i think you have a winner. let's go to j in connecticut. >> good to see you from westport. >> i had a summer house in westport once. it was so much fun. free beach that i used to go to. it wasn't bad. what is happening? >> sherwood park. >> that was it. >> without beer. that is french. what else? >> i have a big -- been a big follower of yours. i met you through a mutual acquaintance. i'm not going to name drop. you have a busy schedule and a lot of people calling in. here's the question. you became very constructive. >> i have to be. down here. never been a good idea. i just find that batting -- betting, it is going to be a loser stock. >> nick peterson, calling in from kansas city. >> i forgot that. that is true. do you think arthurs is overplayed? go to another place. maybe too much. there we go. what do you have for me? what you have for me? >> just wanting to hear your thoughts on quality. they have great, strategic partnerships. >>

rbc upgrading lockheed martin.t believes sentiment is im improving as lockheed has res resumption of f-35 deliveries. morgan stanley says there are enough data points to not take a cautious view of the disney parks business in 2025. >>> coming up, bond prices sky rocket and mortgage rates plunge for 2024. that's coming up right after th bak isre. energy fuels, a leading american uranium producer, is ramping up production to supply expanding nuclear markets and diversifying into rare earth elements, key ingredients in many clean energy and defense technologies. energy fuels. >>> welcome back to "worldwide exchange." we are watching the global markets. ftse mib is down 4%. not very far behind is the german dax. germany is the biggest economy in europe. the overall market down 2.3%. we are looking at the asian markets with japan coming off the worst day since october of 1987 closing down more than 12%. hang seng down 1.5%. the kospi down nearly 9%. >>> turning attention now back to the u.s. mortgage rates are plunging

how about lockheed martin we know we need to replenish, modernize, our military warfare.d place to be in the defense industry as well. >> hard to argue with this one. kevin, thanks a lot. >> thank you, charles. i enjoyed it. charles: the stock market teetering here pretty good, maybe trying to nudge the fed a little bit. tom hays will break down how you can make money this is a new environment we have to live with so we might as well take advantage of it right after this ♪. ya know, if you were cashbacking you could earn on everything with just one card. chase freedom unlimited. so, if you're off the racking... ...or crab cracking, you're cashbacking. cashback on flapjacks, baby backs, or tacos at the taco shack. nah, i'm working on my six pack. switch to a king suite- or book a silent retreat. silent retreat? hold up - yeeerp? i can't talk right now, i'm at a silent retreat. cashback on everything you buy with chase freedom unlimited with no annual fee. how do you cashback? chase. make more of what's yours. ♪ in any business, you ride the line between numbers and people.

>> we were able to be the first university to divest from major weapons manufacturers, including lockheed martin, caterpillar plant here and leonardo sfsu. >> students were part of the nationwide gaza protest encampments in may. the university even held an open negotiation session with students. students peacefully dismantle the encampments at the end of the school year, with the goal that negotiations would continue over the summer. >> to say we do not want education to be invested in the killing apparatuses of the state and global imperialism. >> reporter in a statement, the san francisco state university foundation says in part, the results of this plan will strengthen the foundation's stated commitment to reflect the university's values while also increasing transparency around investments. sfsu professor valerie francisco chavez says the university has a history of antiwar activism, but that even this divestment agreement is huge. >> we see as faculty what students can really do when they organize, and they stay united and have a just cause in mind, which is to stop the genocide in p

this uncertainty has driven away companies with more than $40000000000.00 us dollars in revenue, lockheed martin was sent to build the biggest tech plant to date and china, but dropped the project due to its cost. but it's possible that costs could be caught. for example, in the heat exchangers to give you a better perspective and the heat exchangers on a commercial scale, a tech plant are about a 3rd of the entire project cost. so the, the reason that these are so expensive for commercial attack is the up, you've, titanium, deep seawater is very corrosive. we've developed what we call the tin foil heat exchanger. and as the name implies, we're using in files. and the purpose of that is basically we're trying to reduce the amount of material and also the size. another big question mark is the actual effect on the environment because you're moving insane amounts of water. we're talking about $4300000000.00 leaders of the warm water and $2200000000.00 leaders of cold water per day for a small plant. there are a lot of question marks about our tech, the economics, the environmental side effe

let me give you an example, for example, lockheed martin, which is a very famous arms manufacturing companyd its name is heard a lot now, almost until now for the elections. the presidency spent two and a half million dollars and divided approximately 505 between two names, for example, 52 48. this is how the ratio is, that is, it divides equally between each of the names of boeing. now we usually know the plane, but it is an arms company that also he also builds fighters. he makes a bomb and he divides them equally. again , there is a ratio of approximately 505 between the two parties . lobbyists also act in the same way, that is, under normal conditions, they try to divide them evenly, and in the end, whoever enters the house of representatives, the senate or the president. it doesn't matter if it was the state assembly at any level, anyone who entered can actually have him at their service, but in special cases and special occasions that are particularly sensitive to them , they gather all of themselves in one direction so that they can definitely eliminate the competitor, like this exam

says that the school has agreed to divest its investments from four companies that support israel lockheed martin, leonardo, leonardo, planeteer and caterpillar. students for gaza says that this is not a victory for them, as the killings in gaza are still taking place. however they say it does show other universities that divesting from corporations that violate human rights is an option. all right. now to an important heads up for all of you parents struggling to make ends meet in the bay area there is a new federal program that aims to help families get the funds needed to feed their kids. but you only have two days left to sign up. nbc bay area's ian cull joins us now. okay ian, explain to us how does this all work? all right. so yeah, if your kids already qualify for free school lunches, you're likely eligible for another program called sun box. and there's still time to apply. but the clock, as you said, is ticking. california's sun box program awards $120 per child to cover summer lunch expenses for qualifying lower income families, but the deadline to apply is this saturday, and if

of the c i a and british intelligence though it would be not unlikely for something like the old lockheed martin skunk works to produce that. so they, they dress it up, i call it i called her the transgender cruise missile itself identifies, is ukrainian, but it's probably a for an origin. larry, the curse of nuclear power plant isn't far from the fighting. russia says the site has already been attacked by ukrainian drones. the head of the i, a raphael grossey, has visited the facility and warned against targeting at what sort of risk already potentially looking at here to. well, i think you, i think one of the risk for that for that particular uh, facility as i understand it, it does not have the normal containment building that is around some of the more modern nuclear power plants. but i think still ukraine has limited ability to strike it. it's not, and that's not to say that they're not going to continue to try. but, you know, russia is already on notice that they are the intended to hit. so with appropriate air defense systems in place, i think frankly the, the plan will be secure.

avoid any direct confrontation, and the americans will recommend this to them, the thing is that lockheedsaid that this year they will record sales of military equipment, this is precisely the basis of the f-16 and f-35 fighters, buys f16 words. the soviet union is gone, now you can make a lot of money in a completely legal way. have you heard anything about the oil for food program. you can't imagine what volumes there are? and what, don't you have enough oil in russia? this is a completely different level. oleg and i decided to get married? yes. you were accepted to the grad school at new york university and given a scholarship. it's just that you and i live different lives. i i can't do this, it's hard for me. are you leaving me now? raider tomorrow after the program time, do you understand what you've done, how have you not seen an american spy in front of your nose for so many years, were you close to death? yes, several times, i lived in a cruel, difficult and wonderful time, and in spite of everything, the best years of my life are connected with work in intelligence, we burn every

something interesting as well as the stock markets were crashing yesterday, the 52 week high of lockheed martin was reached for that military company in the united states. quite amazing. d. c, a. the military industrial complex reaching new highs on the stock markets around the world while their economies are imploding in front of them. quite interesting. very interesting indeed many things was speaking to us today is good to see you alex reports that they impose this a ton of based on a list on the blog and thank you and in the lobby i've seen president has well on the outside forces are in for fairing of the countries domestic assessed by supporting militant groups, some foreign countries want conflicts and to be able to shape me in law as they like. providing money, food medicines, and i munition technologies and logistic opportunities to armed in search and some terrorist groups. helping malicious media outlets to wage psychological wolf at the statement is coming from me on maurice army, chief and cool leaders. senior general mean on the line where he also acknowledged his troops ar

some names at high, lockheed martin, lewis towers watson, colegate. >> all-time high, but off of thatw. a busy day, thanks for watching "power lunch"p we appreciate it. >> see what the next hour or so brings. "closing bell" starts right now. >>> guys thanks so much. welcome to "closing bell." i'm scott wapner live from post nine at the new york stock exchange. this make or break hour begins with the selloff in stocks today. it is a substantial one as fears about the economy take center stage. throw in turmoil in japanese markets and the scorecard today looks like this with 60 minutes to go in regulation. we have substantial declines of more than 3%. almost across the board. dow looks like it's heading in that direction as well. there's the nasdaq down by near 4% at this moment. the russell, well hit hard today as well. down about the same amount. stock only part of the story. bond yields getting a lot of attention they were lower as trading began, fears about the economy, but you see a bit of a reversal. there was some bette

raytheon, lockheed and then look at boeing. most of their business now is actually defense and global services. i like boeing here. >> carter. >> well, miner gdx. >> and dan. >> yeah, i think google, the alphabet is bua y on regulatory >>> my mission is simple, to make you money, here to level the playing field for all investors. there is a market somewhere. i promise to help you find it. mad money starts now. let's get together call me 1- 800-743-cnbc. i am excited for this market. it's not because we have had eight straight days of luck. 20 days ago, 20 years today, google went live at $80 a share. they closed up 18%. many traders are thrilled at the pot. in retrospect. one of the greatest of all time. google stock is now 7736% return. versus the s&p 500. it is a reminder of wealth that individual stocks can give you when you pick the right one. i'm telling you, it's not all that hard. it's time to front the averages. even if it was a good day for them. the nasdaq fell 1.39%. we need to talk about the short term of the market

, 95% of the money they allocated to ukraine remained in the us, well, yes, they went somewhere, lockheedorth gruman, it's all clear there, there's nothing new here, really. americans live by the principle that we'll create, we'll come up with something, or they'll create themselves, and we'll just push problems around the world, and then we'll regulate them. you know what worries me most in this story: there's a theory of controlled chaos that helps solve various problems in the end by planting others to pull out their economy, well honestly, yeah, ah-ah, and there is - the theory of uncontrolled chaos. this is the problem, and those who think that chaos is controlled, it will always be controlled, here the guys are very terribly mistaken, at some point, you see, there is a reformatting, today, i already said, of this world, and the financial world, because many people ask themselves questions, why is everything arranged this way, wrong, irrational, unfair, and who benefits from it, i honestly, on this topic just i'm writing a book now, and so on, there are a lot of questions there, no p

looking at lockheed, i saw you were coming on today. i was reminded of your defense picks. that was last year. curious how that fits into what you think is going on in the market if it does. >> one of the reasons we like defense, graeat memory, you wan things that don't run in the same direction with, for example, mega cap tech and defense is going to run on its own and, unfortunately, there remains a need for this globally. defense etf would be doing a lot better if they didn't include boeing. if you take boeing out of the big defense sector etfs, the other main components such as a raytheon, this has been a good place to diversify away from technology. that's why we liked it and why we think investors should still consider it. it gives them a buffer against unexpected event and that's a good construction in a portfolio to build it out that way. >> mark, thanks for joining us. good to hear from you. we appreciate it. mark avallone. >> if you wonder how the yen carry trade is affecting markets, a great explainer and why it matters to investors. scan the qr code. >>> and sti

lockheed martin, these stocks have done well.s out of their own way on the commercial side of things, this stock, you could wake up at the end of the year, say, what happened to boeing? nothing happened, it's just the market realized all the things tim has been saying. >>> it's been a volatile couple of weeks for investors, but after the selloff and rebound, what's the next big thing investors are watching? the latest findings from the investor survey ahead. >>> and two big a.i. calls catching our attention today. what wall street is saying about dell and micron, when "fast money" returns. assoc because this game is for everyone. were you worried the wedding would be too much? nahhhh... (inner monologue) another destination wedding?? why can't they use my backyard!! with empower, we get all of our financial questions answered. so we don't have to worry. empower. what's next. the all new godaddy airo helps you get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website.

general dynamics and lockheed.ing up lately and the world is really crazy right now. general dynamics specifically because 20% is aerospace and it's the gulfstream and as they bring in the g7 private planes on that should help the bottom line and we like that area. also, now the fed is telling us they'll cut interest rates, right? how quickly, who knows? but if you look at it you'll see another 200 bases points coming out and the fed funds rate 530, so companies that can benefit. if you like housing and you think interest rates will come down, home depot. >> home depot, yes, it's run a little bit and people have pent-up demand and mortgage rates do come down in the 5% range. if people can free up some equity. >> definitely. home up provements should benefit and mcdonald's is a consumer company and again, different price point, they should benefit more and people should put more money in their pockets and hershey chocolates, we're going into that time year. >> we have someone who loves hershey's. >> they still have

the ones in colorado are close, there is even a big lockheed martin factory that was evacuated this weeke of those fires. definitely something to keep an eye on. >> thinks your great reporting on this. we appreciate it. david noriega, national correspondent. we have the meeting of the 19 banned book club. "the last white man", while we prepared for the eating of the book up, the state school board enacted a massive censorship effort. 13 books are officially banned from every public school in the state, including the runaway best-selling fantasy novel, to ellen hopkins book, margaret atwood, and the generational classic "forever" by judy bloom. the new law went into effect on july 1st and requires a book to be removed statewide if three districts, quote, identify pornographic or indecent material, or objective sensitive material. what counts as pornographic or objective tentative material remains questionable as ever, but apparently judy bloom qualifies. utah is not the only state to pass laws allowing censorship like this to occur in public schools and libraries. since july 1st alone thi

boeing is the time to sell the lockheed martin. northrop grumman. interesting. okay. and then lastly, let's end on a happy note. amazon, i guess paying big money to the kelce brothers for their podcast. >> this is crazy. new heights obviously hit new heights when one of the kelce brothers started dating. taylor. now the swetha tay tay. so 100 million dollars over 3 years. that's 33 million dollars a year. this is interesting because amazon, it's got a one degree. this is a non-exclusive. so they're gonna be able to sell ads to the nfl. package on thursday night amazon. but they're also be able to sell podcast at some kind of atkins that nfl customer into advertisers, but they're also be able to sell on the apple and spotify and youtube. so it's a big win for amazon nat now. they kinda need taylor swift and travis kelce to get married to really turn it into gigantic people are speculating. that's why they did such a big deal. interesting lousy at the manning brothers. now the kelce brothers. lot of folks getting into it. all right, rob, thank you as always. we're going

also lockheed martin is another great defense contractor, had great earning.r-over-year, they're sitting on $1.5 billion of free cash flow. stuart, we get calls from clients all the time, david, i'm nervous, where canned i put money to work. -- where should i put money to work? if you're nervous ors energy names and defense contractors, and sit back, get a nice if dividend and see how it plays out, stuart. stuart: this market today seems to be driven by the positive inflation numbers, the cooling of inflation. is it going to the stay that way, last throughout the day? >> stuart, this is a big week. a lot's going to be riding on tomorrow though. we have cpi tomorrow, retail sales later this week, so those are the big three. if we can hit out of the of the park on all three, i think that's good for u.s. markets. again, you have geopolitical risk, the election in the if background, outside factors that will impact volatility for the markets, but if we hit three for three out of the park, it's going to be great for stocks. stuart: if we do, could we have a melt-up

. >> tim, look at that chart on raytheon, lockheed and then look at boeing. services. i like boeing here. >> carter. >> well, miner gdx. >> and dan. >> yeah, i think google, the alphabet is bua y on regulatory >>> my mission is simple, to make you money, here to level the playing field for all investors. there is a market somewhere. i promise to help you find it. mad money starts now. let's get together call me 1- 800-743-cnbc. i am excited for

look at what lockheed martin has done, raytheon, all-time highs.eing has a component in their business that nobody seems to want to acknowledge. so, it's all about commercial, i get it, unless you start to sort of peel it back and say the defense portion is not being fairly valued. so, i'm with tim on this one. you're not selling it here. >> quick thought? >> it's fascinating when you think about tesla coming to the rescue here -- >> tesla? >> spacex. you think about their success there and you think about where tesla is as a company, spacex -- i'm sorry, and you say to yourself, why is he messing around with these evs? go do something that's so important. when you see the success of this company. and i think maybe that's in the offing, you know? maybe they continue to actually have further success with some of the other rockets and -- i don't know. it doesn't seem like -- >> having a ton of success. make no mistake. they are so far ahead of our government on this, and i this i that's something that, you know -- >> satellite deployment. yeah. >> it

some of biggest name you think of, your lockheed martin, northrop grumman.nd these in these portfolios and they're all benefiting for the most part. charles: you mentioned shield. i'm a little upset you didn't call me in october, charlie, look at shield for your own portfolio. this has been a heck of a run. what is this? >> shield is also a defense etf but what's interesting about it, is that like a company like boeing, it is not in this portfolio because more than 50% of the profits and revenues from boeing come from commercial airplanes, not aerospace and defense. it excludes in the portfolio. boeing is down 30% this year. this made a huge difference on the performance. this is different take on the space. charles: politically, you're saying no matter who wins, we know there will still be major concentration in infrastructure building the domestic economy. pave is a name you like there. >> infrastructure also where this is bipartisan agreement, infrastructure it put 2 billion-dollars of investment in the u.s. we got a letter grade c. charles: we have been

lockheed is at all time highs, raytheon is at all time highs.the challenges and understand that between now and probably the mid part of '25 there is no cash flow here but then i think you're back. >> katie, this is one where a lot of folks have been buying dips and buying dips and buying dips. where can we feel comfortable saying over the medium to longer term this is an actual buy? >> i think if you own it you have to be sure that it holds on to the 160 support level. it's very key support and i honestly think a retest of that level does appear likely based on the momentum gauges. so i'd be careful with t it's obviously range bound and what has been a very strong tape. so it has poor relative strength, we just need to be adherent to those stop losses. >> guys, thank you very much for that. >>> coming up on the show we have volatility settling down a bit from the surge earlier this month but katie is digging into the technicals to tell us where it could be heading next. >>> plus "fast money" movers catching our traders' eyes, what you need to k

he's on the board of directors of lockheed martin and the counsel of foreign relations so i give you secretary johnson. thank you. [applause] sec. johnson: good afternoon, everybody. i'm going to keep new further suspense. i do have some things i'd luetic to share with you which, time permitting, we'll do at the end of the program here. i do want to say this. as many of you might know, t.s.a. is part of the department of homeland security. everybody here loves t.s.a., right? raise your hand. [laughter] so i have interesting experiences now when i go through airports. not too long ago, i was waiting at a gate and a woman came up to me and she said to me, sir, i'm from the united kingdom and my son back home in london deeply admires you and everything you did in office. and she was -- she took out her iphone and she was queuing up the camera finishes for a selfie and she said it would be a great honor if i could have a selfie with you. ics i'm so flattered. she took the picture and turned around and looked at me and said thank you, mr. president. [laughter] what are you going to do? i

i compare it to lockheed.pons and they went down that path and that was very successful for them, so i think if they got out of this business, investors will look at it as potentially reducing a future cash drag, but perhaps at the expense of producing an opportunity in space down the road. it would be an interesting decision. interesting thought process on how much he just this is the future of boeing.taking a step lisa: -- lisa: taking a step back, there is a question on whether they could take the lead in a more meaningful way. i have been surprised they have not in one of the reasons is they are facing the same kind of supply chain issues that boeing is, maybe less publicized. i wonder if we have emerged from the post-pandemic induced supply chain disruptions that continue to plague the aerospace industry. bert: yeah, it is a great point. think everybody thought after january airbus would be in position to take all of the market share and there have been limits to what they have been able to do, but for ai

we know the rocket it shares with lockheed martin, ula, has been on the auction block for a while.increased cadence of analysis, research and, perhaps, even calls for this business to be -- something to happen or change with this business or boeing to, perhaps, look at existing it. we'll see. seema? >> boeing down 33% this year. morgan, thank you. >>> coming up next, is china uninv uninvestable? count vil on foreign relations michael froman joins us at 11:00. >>> the first stadium built for a women's professional sports team that sold out over 11,000 tickets. those details are next. stay with us. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called cov

this year was co—sponsored by lockheed martin, who make really inclusive deadly bombs.ion. who or what is to blame for all these recent riots? we're going to be discussing that. so please don't go welcome back to free speech nation. a new article written by the barrister, sam fowles, argues that the recent riots in the uk were a result of years of journalists and politicians spreading far right tropes. he says that influential figures bear responsibility for the violence, and that politicians have a vested interest in not referring to the riots as terrorism. so i'm delighted to say that i'm joined by the author of that article, barrister sam fowles and toby young as well from the free speech union. thank you both so much for joining speech union. thank you both so much forjoining me. sam. it's your article, so i want to come to you first and discuss this with you. can you just firstly clarify what you mean by far right, because the article mentions examples of really horrible far right terrorist behaviour, ethnonationalism, all these really repugnant things. but you als