there's a new report from morningstar that says gaming stocks are a new bargain.'s a report highlighting the growth for opportunities for the group fueled by sports betting and i-gaming. t consumers seem to have a voracious appetite for gaming. if you look at the year-to-date return, caesars is off by some 20%. mgm is down as well. the only one of the group that is up, flutter, which owns fanduel and draftkings are up and positive for the year. look at penn, up 30%. you look at illinois tax hikes and crackdowns. but also investors are looking at the competition among sports books and that grabbed the spotlight. fanduel owned by flutter and draft kings have a clear lead. betmgm and caesars have turned a profit in digital and they expect the margins to expand through 2026. gambling sales are outpacing retail. revenue is outpacing broader gdp and grappling for new streams of tax revenue, the expectation is more states are just going to give in and embrace new ways to ga gamble. the most undervalued according to morningstar is caesars, which it says is trading at a 48

crime stories just during our last video call i'm learning a lot katie: over the past 15 years, morningstarion multi-asset portfolios and only one has managed to beat s&p in that time. mike is the pimco senior bond portfolio manager. you don't hold the stocks themselves. you do it through derivatives. mike: it's part of our capital efficient suite. exposure to s&p via derivatives. we take the cash not spent on equities and put it to work in fixed income markets which will purchase securitized products. the goal is to deliver the return of the s&p plus the return of u.s. treasuries overcash overfull market cycles. the benefit of treasuries returning, being able to mimic the s&p. the fund has done what it is meant to do. over market cycles it will continue to out deliver returns. katie: as a manager, it has the s&p exposure through derivatives -- what's the balance between those asset classes? mike: we like fixed income. it's a ballast. diversifier. negatively correlated asset in times of declining inflation. peel back the lens. fixed income looks attractive from a return perspective and has

not much improvement in fundamentals according to morningstar.ng says it is staying positive on india despite this week surprise election result. week surprise election result. life's daily battles are not meant to be fought alone. - we're not powerless. so long as we don't lose sight of what's important. don't be afraid to seize that moment to talk to your friends. - cloud, you okay? because checking in on a friend can create a safe space. - the first step on our new journey. you coming? reach out to a friend about their mental health. seize the awkward. it's totally worth it. paul: welcome back. china markets just heading to lunch. not too bad at the moment. csi 300, better by .33%, shanghai compass it pretty flat. tech stocks doing quite well. property stocks not so much. the yen trading 7.2442. taking a closer look at elsewhere, we have details. avril: we are just about to come back from the lunch break in japan. today, we are seeing the tech shares participating in that rally after nvidia crossed the three million dollar market cap, and we s

. >> the morningstar liners first manned mission was only supposed to last about eight days but here the astronauts won't be returning back to earth -- earth until at least july. which is in the spacecraft have now delayed a return twice a matter nasa says the star liner has problems with thrusters and some small helium leaks. will expertly the issues are not anything too serious nasa is playing it safe. engineers are using this time to really study the issues especially so future astronauts won't deal with the problems. here's what a former nasa astronaut stand on america reports last hour. >> beginning more -- you look at the glass half-full innocence that their testing the heck out of the whole system of the star liner and getting a lot -- a lot of good data for future flight. >> even with the issue nasa says the star liner is over all doing well in orbit. in emergency the star liner would be cleared to return to earth but if the helium leaks are not fixed and endangers the star liner's future missions. nasa says it could push back another star liner launch scheduled for early nex