the long ideas were service corp, lockheed martin and tractor supply, three companies that seemingly have absolutely nothing in common except the quality that you seek. michael, thank you again >> all right thank you. >>> markets selling off today, as you probably know investors looking for safety money moving into defensive sectors and utilities the best-performing group in the s&p 500. gains of more than 2% in that group. consumer staples such as pepsi, procter & gamble also higher not huge gains but, you know, you take it on a down day. gold also jumping getting above 1900 for the first time in six weeks and check out shares of valley national bank that stock down a few pennies in the big selloff. more after the break ♪♪ the only thing i regret about my life was hiring local talent. if i knew about upwork. i would have hired actually talented people from all over the world. instead of talentless people from all over my house. the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur,

air force does not intend to buy hyperhypersonic missiles manufactured by the american company lockheed martinought representatives of the air force at a congressional hearing, according to bloomberg, the reason for the recent failures in testing a test sample of an air-to-ground missile. after this failure, the pentagon decided to give preference to hypersonic weapons, which is being developed by another american company, ration. technologies, i recall that the relevant congressional committee previously estimated the missile project from locket martin at $5 billion. but now, to the situation with floods in russia in siberia, in the flood zone, about 150 household plots and of houses, the regional ministry of emergency situations prepared for residents two points for temporary accommodation of almost 80 household plots and three sections of roads flooded in krasnoyarsk in bashkiria, they report that the flood began 14 days earlier than last year, a special regime was introduced at the pavlovskaya hydroelectric power station and in yakutia they are only preparing for the flood in winter , a re

definition of wind and the definition of wind from the american perspective is shareholder value, lockheed martin has one. raytheon, has one mcdonald douglas and boeing. they've won. i go back to the, our july of 2020. i guess, and they asked the ceo of boeing who boeing preferred to win the election. donald trump, or a joe by it. he said doesn't matter to us. yeah. because we're gonna get, we're gonna get paid anyway that so. so the definition of wind for the united states, i think at the end of the day is shareholder value in terms of the relationship between russia and the e. u. i think it's still a little too early to, to call that game because one of the things that very few people discuss in this context is russia has a history that is centuries long. china has a history that is centuries long, that united states still hasn't reached 600 years. so they see a different timeline in horizon than we do. and that's why i believed their tactics . their strategies are different than ours. the united russia is fighting in artillery war and winning in artillery war, because that's the kind of battle

a think tank funded by top us defense contractors like lockheed martin raytheon and northrop grumman. there's also peter jennings, levine, a lee and leslie c, back all contributors and fellows at the australian strategic policy institute. another organization, bankrolled by the u. s. establishment. the australian strategic policy institute is the propaganda arm of the c. i a in the u. s. government. it is a mouthpiece for the americans. it is funded by the american government and american arms manufacturers. white is allowed to sit at the center of the australian government when it has so much foreign funding. i don't know if it were funded by anybody else, it would not be where it is at. many australians are understandably outraged by this blatant example of war mongering propaganda with the country's former prime minister, calling it a grievous and provocative today's sydney morning herald and h. front page stories on australia's supposed war risk with china represents the most egregious and provocative news presentation of any newspaper i have witnessed in over 50 years of active p

a defense contractors like lockheed martin raytheon and northrop groom and there's also peter jennings, levine, a lee and leslie ceeback, all contributors and fellows at the australian strategic paul.

a contractors like lockheed martin raytheon and northrop grumman. there's also peter jennings, levine, lee and leslie c. back all contributors and fellows at the australian strategic policy institute. another organization, bankrolled by the u. s. establishment. the australian strategic policy institute is the propaganda arm of the c. i a, in the u. s. government. it is a mouthpiece for the americans. it is funded by the american government and american arms manufacturers. why it is allowed to sit at the center of the australian government when it has so much foreign funding. i don't know if it were funded by anybody else, it would not be where it is at. many australians are understandably outraged by this blatant example of war mongering propaganda with the country's former prime minister calling it agree just and provocative. today, sydney morning, herald and h, front page stories on australia supposed war risk with china represents the most egregious and provocative news presentation of any newspaper i have witnessed over 50 years of active public

to purchase, i'm into artificial intelligence, cybersecurity and aerospace and defense beyond lockheed martinhrop grumman, the three names i'm starting to look at, buying them on weakness because the global geopolitical situation will get worse at those are names i want to be in. stuart: you mentioned artificial intelligence. >> right. it is going to be -- stuart: give me an ai stock. >> ai, the stock, ai. the stock ai is the stock i am talking about. that is going to be the buzzword this year, next year and will continue to be the buzzword. these tech companies came out and mentioned ai in their commentary and stocks went crazy. that's the trend, you need some exposure to it. i would, that is another name. from the broader macro trends, we see this market reacting to the headlines, giving contradictory comments, the get rid of the hawkish side of the commentary and focus on the dovish side, the subliminal message that the fed is going to pivot, the fed is not going to pivot, they are going to raise rates than hold them there, the fear is they start to raise them again in september if inflati

lastly, lockheed martin. similar line. >> jeff, we have to call it a day.et it. here's to getting financially ready for anything! and here's to being single and ready to mingle. who's ready to cha-cha?! ♪ yeah, yeah ♪ we will have a full rundowne1 o the fed moves and what it means for your money. >>> i think it had to do with this. treasury secretary janet yellen not discussing5a■ a boost of insurance on banklpu■ deposits. >>>Ñi coinbase is falling after the s.e.c. is preparing5@0 well notice. >>> it is thursday, march 23rd, 2023. 3/23/23. >> that was good. >> "squawk box"ñrÑi begins righ now.u■lplplpÑi

name them, who who at element lockheed-martin or general dynamics who is pushing them us.war when member of the board of directors? please tel il us, tell us, i can't see any, under theet biden bed by budget. you know we war mongers.19 treasury 15% increase, agriculture 14%.ed education department 14%.. health and human service 11%. state 11%, labor 11%.se commercerv 11%. interior 9%, energy 9%. nasa 7%.gy justice department 6%. defense 3%. doesn't even keep up with the rate of inflation. this is a cut.in and china iran and north korea, we decide this isjust just a territorial dispute. or that we should get out ofl di here, you know just costingos totio much money. they wouldn't read anything do into that, our surrounderou in afghanistan, they read into that but surrender in ukraine when the ukrainianin people are fighting i irk, fighting, that won't affect anyone, that will be fine.e ju i read some of these statements from some republican candidates. i noticed that very little is a said about russia and putin and their threat toan us, and making threats gain against us an

>>> and the air force is no longer pursuing a hypersonic weapons program under development by lockheed martin the decision to no longer advance is coming after the unsuccess the test this month. the military officials are in favor of the program >> silvana, thank you. >>> turning attention back to wall street's run up and the communication service sector which has been an out performer this year. our dom chu has more for the "sectornomics. >> good morning, frank communication services is the reason for the out performance and the tech heavies that damage and nasdaq 100 if you look at the overall sector, the white line and orange line. you can see the huge difference around 12% to 13% so far this year now communication services is the sixth biggest sector with the key names. alphabet and some other ones with meta platforms. if you look at estimates, for where we think upside could be, there are beaten up names that have a lot of upside potential if target prices come to fruition dish network is 61% below target price. match is below its target price. warner bros. discovery is down all of those

principal contractors include lockheed martin and raytheon that had previously been sanctioned by taiwan. and we heard from a spokesperson who slammed the deal while adding this, stop arm sales to taiwan. and stop creating tensions across the taiwan straits. china will continue taking firm and forceful measures to safe guard its sovereignty and security interests. taiwan's defense ministry welcomed its purchase. it issued its own statement earlier in the day quickly adding the provision of defensive weapons is the basis for preserving regional peace. now, some key context here, this is not the largest u.s. arm sale to taiwan, that happened in september of last year in a deal totaling over $1.1 billion u.s. the last u.s. arms deal to taiwan took place in december of last year. but this latest one will certainly deepen the already diplomatic rift between the u.s. and china. >> clare, in terms of this really warm language between the leaders of china and belarus, what do you make of that? >> i think that we're seeing a step up certainly from russia and its allies to intensify the relationsh

the deal will primarily benefit weapons makers raytheon and lockheed martin. after the sale was announced, taiwan reported china's ai force flewarplanes into air space taiwan considers part of its air defense identification zo. the u.s. air force says it has relieved six officers at a north dakota nuclear missile base after their units failed a it's not clear exactly what lapses prompted the firings. the minot air force base is home to more than two dozen b-52 nuclear-capable bombers, as well as 165 minuteman iii nuclear-tipped intercontinental ballistic missiles. this follows a previous safety lapse at the base in 2007 when a b-52 bomber flew to louisiana carrying six nuclear-armed cruise missiles without the knowledge of the flight's crew. in israel, police fired tear gas and stun grenades wednesday at thousands of people who have blocked a highway in tel aviv to protest plans by the far right government of benjamin netanyahu to get israel's judiciary. 11 east raley's were hospitalized with injuries. it was the first time during mass protest police used larg

principle contractors include the american companies lockheed martin and raytheon, two companies alreadyctioned by china for their previous arms sales to taiwan. just the last hour we've been honoring the ministry of foreign affairs presser and heard from a spokesman who criticized the deal while adding, "stop arm sales to taiwan and military contacts with the united states and stop creating tensions across the taiwan straits. china will continue taking firm and forceful measures to safeguard its sovereignty and security interests." taiwan's defense ministry welcomed the purchase and earlier in the day issued its own statement saying, "the provision of defensive weapons to our country is the basis for preserving regional peace." some key context here, this is not the largest u.s. arms sale to taiwan. in fact, it was september last year when there was a round of arm sames that totaled over 1.1 billion u.s. dollars. the last arms sale to taiwan took place december last year, but this latest round will certainly deepen the diplomatic rift between the united states and china. china has repea

>> i think don't like it, but i do favor lockheed martin if i'm in that cohort. i will thank jeff. i'm just joking. jeff sits next to me. we sit in this very little office and have a great time, but we do work nonstop. i'm so glad he's getting the recognition he deserves. he is a terrific guy, six years now with me. sonny in illinois. >> hey, jim, a big investment club booyah from your long time fan sonny in chicago. >> thank you. what's happening? >> happy friday, partner. you know the drill. i'm interested in a company that i think can benefit from all this talk about banning tiktok, you know, i think are they chinese people or something, tiktok? the company i'm interested in, they've got 375 million active users. it's snapchat had. so i'm wondering what do you think about the growth potential of snapchat? >> sonny, look, we are kindred spirits. they have all those users but have not been able to make a lot of money off of it and i'm sticking with my belief that look, it's meta. that's the winner. i'm not sure they'll get the top win anymore, but they'll get the win for being eff

there needs to be a continual reminder that the skies themselves could become a threat unless lockheed martin. systems continue to profit, elsewhere a balloon nothing but hot air nothing inside it shot down by a $400,000 missile might becoming for your family. [ applause ] >> but again, i mean, we were just saying here, we all should be skeptical and have open minds on everything. it is possible that there are -- there is life on other planets that are visiting us or scouting us. >> bill -- >> even the u.s. -- [ laughter ] >> i'm just saying it's possible. >> sure, it is quite possible but if you think that something from another universe came all the way here and was kind of dragging around and shot down very easily -- [ laughter ] -- i think if it's a ufo they would have done better in avoiding -- >> first of all -- [ cheers ] >> we're not saying it's from another universe, we're saying it's from the same universe. the universe is very big. >> not like e.t. we've come all the way here and popped out elliott's house. he's made it all the way here. [ laughter ] >> i agree. no. >> that's the p

the principal contractors include lockheed martin and raytheon, two companies previously sanctioned by china for previous weapons sales to taiwan. a couple hours ago, we heard reaction from the ministry of foreign affairs in beijing, they slammed the deal adding, quote, stop arm sales to taiwan and stop creating tensions across the taiwan straits. china will continue to take firm and forceful measures to safe guard its sovereignty and security interests. we also heard from the ministry of defense earlier in the day, of course they welcomed the purchase while adding that the provision of defense weapons to our country is the basis for preserving regional peace. some key context for you, this is not the largest u.s. arms deal to taiwan. that too being place in september of last year in a deal that surpassed $1.1 billion u.s. the last u.s. arms deal to taiwan took place in december of last year, but the latest one announced on wednesday will certainly continue to dive a wedge between the u.s. and china. back to you. >> kristie lu stout for us, thank you so much. >>> rail workers in ohio r

charles: i know you like lockheed martin and chevron for example. a minute to go, ava. what do you like here? >> so i like sales force and i like google. we're going up in market cap. , those, both companies have very good margins. they're growing their ebitda in a very high rate and so i like the fact that they are providing some stability in this market. we always own these companies but we now have moved them to a higher weight in our portfolios. charles: congratulations again. that is a sizzling start to otherwise tough year for most folks. congratulations. it ain't easy. keith, thank you so much, my friend. coming up, folks, the race for the best safety asset, right? which one do you want to put your money in? should you put it in miners, gold, what about bitcoin? j.c. parets will give all the charts with the edge. after the break, ceo of tiktok testifying on capitol hill. did he stave off a ban or did he actually make it worse? larry kudlow is here in studio with his analysis. he is next. ♪. you got this. let's go. gobble gobble. i've seen big

in 1980 , only five remained, including lockheed martin and boeing in 2019 boeing refused to participatef the next generation icbm due to biased tender. but this is nothing compared to the f-35, the most expensive in the world. the arms program will cost $1.7 trillion over 66 years, roughly equivalent to russia's nominal gdp . cost overruns and risk underestimation keep americans out of hypersonics. today it has become. locket martin is known to have failed supersonic missile tests during launch. she lost this control, and the pentagon was silent about this, as well as the fact that the multibillion-dollar program is now curtailed for the us department of defense such a fiasco for the first time in 2009, spending $ 20 billion over 8 years, the pentagon closed the future combat system program collapse is the largest. the most ambitious acquisition program shows how the defense-industrial base that has maintained us military superiority for decades is faltering, ammunition shortages, failed checks and gaps in surveillance, as with the chinese balloon suggesting that the us military-industr