brian nagel, nike up 7%.are. >>> thank you. >> coming up, targeting one of russia's richest billionaires in aspen. >>> as we head to break, a couple of quick headlines on tuesday. campaign contributions by koch industries to american lawmakers facing scrutiny over their decision to remain in russia over putin's war over two dozen congressional members offered $110,000 in the ekleinupo tis at attack "worldwide exchange" is coming back ks followed me home. i wasn't there for my family and i was barely functioning. until nurtec odt changed all that. nurtec is the only medication that can treat & prevent my migraines. don't take if allergic to nurtec. the most common side effects were nausea, stomach pain, and indigestion. now, i run a non-profit for other green berets. when i feel like myself, i can do so much more. what will you do? ask your doctor about nurtec today. >>> welcome back the crackdown on russian billionaires continues as authorities seize yachts and houses all over the world. that includes in amer

you don't have the nike products go straight to nike.ertainly helps long margins at 36 to 37 times in this environment next year, be careful. >> last summer the stock sold off, traded from the mid 150s down to 148, 150 and bounced to an all-time high the 50% replacement comes in around 150 and i will tell you, mel, because i remember that large animal, that large land animal with the tusk. >> rhino. >> i have a memory like one that carter was on last week and said exactly this would happen. >> that's true >> and we pointed out the opportunity to get back that 148 level. i think it actually gets there i think you fade it when it does >> 36, 35 forward. brian kelly, what does that price in your view tim said be careful. >> well, listen, it prices in a consumer that is going to continue to spend and a federal reserve and an economy that is going -- that you're going to be okay with. i happen to think that's not right. i happen to think that powell just told you they do not want the consumer to spend more that's what demand destruction is al

you may think you're buying sneakers when you're buying nikes.ld be wrong you're buying a tech delivery system including a proprietary platform of shoes that are built with something called interlocking modules which connect the shoe without glue, allowing for an eight-minute assembly yet another source of separation i know there's a lot of oconcern that the foot lockers of the world aren't going to get the right shoes from nike, but i submit what nike cares about is the customer, not the venue where shoes are sold believe me, if nike needed foot locker to move its merchandise, they would be all in on foot locker the reality is they don't really need them. customers increasingly want to buy their shoes online with the digital app, so nike is spending a fortune on the direct to consumer digital business. why deal with a middle man when you don't have to, although they will satisfy foot locker's demand somewhat, because there's nothing wrong with having a presence in the mall just like apple, nike's all about the customer first not the shareholder,

that is where nike has lived and we've lived in that channel. now, it's pullback take a look at the next chart. we are right down to the midpoint of the 2009/2022 channel. does it mean you have to bounce here no, but i think we will. next chart this is simply the current here and now. it peaked, it dropped 34% and the question is, is this recent bounce enough to suggest noot only are those lows in, but there's upside final chart so we know the high was 175 or thereabouts november 5th. the low 116 on march 15th. you have a four-month sell-off of 34% and right now we're trading -- well, are we going to get to 170 no but can we get to that overhead supply yes, that's at 145 right now, we're at 135 and change, 145, that's another 10 to 12%, but i think it's a trade one should be getting involved in >> carter, thank you we'll see you on option action shortly. steve grasso, is nike a buy in your view or does it have a potential china problem, a potential supply chain issue problem? >> i think that's the issue. i think all of those footwear stocks he p

i felt great after the nike call i watched the nike call. t theranos >> there's a bit about how glue -- how hard it is to glue -- >> one of the best parts i talk about in a piece i'm doing tonight about pre, the great pre, prefontane. sadest part of the book, steve fontane. the shoe dog book, don ho has taken that and gone an extra level. >> we have a bunch of price target increases cowan goes to 154. credit suisse goes do 165. footlocker is going to benefit today. >> although i think the footlocker was a bit more window dressing because what they really like is the price to consumer like tim cook, which of course is on the board, they care what the customer wants and where the customer wants to buy. and they think the customer wants to buy on the app, the mobile app if the customer wants to buy it at footlocker, fine. but they have more different shoes in there, which reminds me all the people who trade shoes they trade shoes like they trade crypto it's like -- except for neither one of them is actually used >> how far are you willing to re

laura: nike rallying in after hours trading.terms of geography, every single region surpassed revenue expectation. nike continues to face a number of issues in china, rolling lockdowns, reputational damage. nike was boycotted in china last year because of the voicing concern about the alleged use of forced labor. that is why china failed to -- year-over-year. supply chain issues remain in focus for nike, even though their inventories have begun to normalize, it is how those inventories are able to meet those estimates. the war in ukraine poses a negative downside risk. direct exposure to russia and ukraine is negligible. dani: for now, they seem to be able to move past those supply chain controls -- supply chain concerns. laura: directed consumer sales is a priority for nike and that is the next strategy for the ceo. right digital sales account for 40 per to -- 442%. they want to reach 25% by 2025. we saw this was footlocker last month. footlocker admitting that nike is charting its supplies. all this means is that nike is takin

products in china just look at the moves lower in names like las vegas sands, wynn, starbucks and nike those stocks trading at 52-week lows apple and qualcomm dropping sharply. the news taking a toll on the broad markets. the nasdaq down more than 2% so do investors need to brace more even more supply chain snafus and trouble, selling products in china. we were just discussing this i don't know what the market makes of it. it seems like they want to look past any sort of supply chain disruptions. it's surprising, we were talking about the ten-year bonds were higher today i would thought there would be a flight to quality and a slowdown, economic slowdown as a result of this, that this we're seeing right now, this isn't the extent of it we think it could be a lot worse, and so i'm surprised that the market reacted the way it did. so it was good for financials, that was nice. but, i don't know, i sort of felt like i was surprised when it was up earlier. i thought the moderna spike was very interesting maybe they'll be supplying vaccines i don't know it's still a treacherous market. the v

look at nike the stock is up within 3%. a coal mine for athletic apparel retailers, they have some of the global exposure. nike is a barometer for global business conditions overall. this is a closely watched for several reasons. as you can see right there nike is stronger but look at lululemon, sketchers, all birds, all of these are in the same space. they're moving in tandem higher with nike. now to the dow coming off of a very volatile session yesterday we were there. remember those comments from chairman jerome powell, he said central bankers would move expeditiously to curb red-hot inflation. even hinting at raising the federal funds rate by about 50 basis points. the market overall has looked for 25 basis point raises. this is the benchmark ten year treasury yield to 2.39%. that was the highest level that we have seen since may of 2019. as yield rise prices fall. financials moving up with these bond yields right now. a lot of questions and a reversal of thinking if you will about the comments from jerome powell yester

kailey: one company we are continuing to focus on is nike.venue estimates across the board, including china, where sales were down by less than expected. the story here is one of it working for supply chain issues. the company still saying demand is outstripping supply, even with a 15% build in inventories. that stock up about 6% before the bell. boeing fell yesterday after that boeing 737 800 ng jet crashed in china. investigators still trying to figure out the why behind that. shares are rebounding just slightly, about 0.2%. going to point in -- i want to point to okta as well, authorization software. there was actually an incident in january. there is no ongoing kind of malicious activity. still, that stock is down about 7.5% before the bell. a quick check on alibaba and how the action is in the u.s. alibaba announcing a boosted buyback program of $25 billion, the second time in the last year it has hiked that program. maybe a sign of optimism about the easing of the regulatory crackdown from beijing. alibaba adrs 8%. jd.com and baidu each

nike model, nike keeps going up, seen that?s put up excellent numbers, but mammoth run in 2020-2021. in november selling more than 30 times earnings, unjustified. expensive for coolers. once the fed signaled would get tough on inflation, got crushed, that's how you got 50% decline, from peak to trough. unlike unprofitable sales names i've been warning you away from, even though they rallied today, they get cheaper as they go down yeti is a lot cheaper. it was just going out of style, nothing happening at yeti. see something in half, natural to assume the company did something wrong. not the case with yeti at all. when we dumpster dive for you, want broken stocks of intact companies, not broken companies. underlying business has to be sound before i tell you it's worth buying yeti is. stock sold off because the market turned hostile. mid-february, recent results, a modest top and bottom and management earnings forecast a little bit weaker than expected. 2.82 to 2.86 per share and looking for more struggling with rising costs, ev

nike acquired a start-up artifact, launches its first nft. nike was occupant of the pack on digital, so watch this space >> a lot of companies did well in the pandemic and into this year because of lockdowns, work from home, virtual school, and consumer staples especially, but that trade is not working as the pandemic fades and life returns. truest says it's time to buy p&g, procter & gamble, because it actually emerged stronger from the pandemic and is ready to separate from the pack. it got a temporary lift from pandemic trends. >> why are stocks rising and bond yields shoot up usually, this kind of rate move spooks stocks, especially technology one theory, fed credibility is bullish for the market fed chair powell's pivot and tough talk on inflation this week restores cred to a central bank that was behind on the inflation fight. as iron sides said in a note today, it's bullish for the asset class that benefits from capital formation, productivity, and real growth. namely equities. >> let's get straight to our top story. yields on the shor

nike is nike so if you take nike really on fire combined with a lot more competition for lulu, combinedtalked about, mirror integration of the acquisition of mirror, as well as the recent launch of the footwear line, we think lululemon has a lot on their plate going into 2022. we think that lack of focus or that added items to their plate could dilute their focus and create some issues of execution as we go into the back part of 2022 >> that's so interesting, randy, because a lot of analysts are excited about the new revenue streams and new products because lulu has had really good success with product and with resonating with consumers just for context, you're on hold with the price target of 340, which is basically where we are right now. why are you not a believer in that case? because it's always been, sure, nike is maybe bigger and more competitive, but lulu has such high growth rate ahead it's coming from such a small base internationally and with product lines. >> yeah, i think what's interesting for investors to kind of consider is to look at other movies or other stocks that ha

side calls in nike >> cramer says hard to bet against nike, but you have major head winds china supplyt they break on overtime a little bit later on just at 4:00 or so. final trades right here next new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. >>> 4:00 eastern big hour. nike earnings. we also have corvex with us. anthony scare mu chi, and carl icahn with us. 4:00 eastern i'll see you then. final trade, shannon >> home depot. tied to a good theme we think will continue. >> dr. j >> shell shel back into this one only on the calls. not the stock. 55 strike in april >> all right short-term action there. steve weiss? >> fedex, it's been bouncing off the lows after the earnings. i think it keeps going i added on the flush after they reported >> and joe >> united health group trades to an all-time high earlier today. i'm long i'm staying long stock is reasonably valued and shou

jonathan: that is the story for nike. the talk about this commodity market.as been all over the place, and nickel has been its own story. it's good to francisco blanch, the head of derivatives research at bank of america research. how much crimp -- how much credibility has lme lost? francisco: it has been a messy process, that is for sure. one of the advantages of having multiple exchanges around the world is we continue to see a live price for nickel in shanghai. even though we have had some disruption for several days, i think at least there has been a reference out there that people could track. and that has been a positive impaired to private crisis. lisa: how much more do we have to see if these clearinghouses getting disrupted, or even the consequence of them increasing the margin requirements in order to avoid some sort of disruption leading to lower liquidity? francisco: since the financial crisis we have been concentrating a lot of the risk on the exchanges. and obviously that is partly creating some problems, but also remember commodity markets are

wall street is not feeling lot of for nike at the moment but you do. why? earnings surge. earnings are expected to grow 25% year over year this year and 17% a year from now. they are in great shape growing and well managed. liz: i'm look at the price to earnings ratio. it's a 25. the stock down 7% year over year. when you take a longer look at it, don't you look that nike and say maybe it's their new plan to go online and be like rolex where they don't let others sell their stuff anymore. is that hurting them? >> coming up with what people need and want to buy? there is always something new, and nike is on the cutting edge of delivering it to people. liz: you mike mastercard and terex. tell us what about this company you say should be in poem's portfolios. >> across the board there is an earnings surge and this company is part of it. we see earnings growing 28% this year and 28% next year and a longterm growth rate in tour see quaition. they are a rapidly growing healthy company right in the thick of the infrastructure move. liz: what do -- what do you beli

apple and nike announced plans to halt production sales in the country.is bloomberg. ♪ >> we announced yesterday that airbnb in partnership with our host community have a goal to house up to 100,000 refugees fleeing ukraine. since we made that announcement, we have had 30,000 people visit the page to learn how to be a host or donate. we are trying to get more word out. more hosts we have, the more refugees we can house. >> what is the feedback you are getting from governments, from border crossings about the situation that these refugees find themselves and in the crosshairs of a war? >>>> we have reached out to 14 different governments in central and eastern europe, poland and hungary and romania and germany, and what they are telling us is mostly thank you, because the last reports i heard over 600,000 refugees have been fleeing ukraine, so these governments need to find a way to house them and we can provide an infrastructure. we have housed 54,000 refugees for free since we started airbnb and over 100,000 people in need for all different events for fr

is this a good time to buy back into nike? be concerned that inflation -- >> we made good money on it, and then we left it, but we obviously left it too soon here's what i'm worried about with nike. i'm genuinely worried about the vietnam problem. because of omicron it's hurt a bunch of companies and i think it could hurt them, too. so while i like nike, i cannot stick my neck out on it, although i will tell you, i think a long term investor who puts some in at $130 and then puts some on at $120 if the quarter is not that good will do fine because they are cleaning up and doing great direct to consumer thank you for the kind words so i'm not positive or negative on nike right now. i just fear owning stocks with vietnamese connections boy, i love vietnam. i just wish -- terrible covid. remember, when you see a fld of ipos all at once, that's a very bad sign i hope you steer clear of these names and save yourself a lot of money. now much more "mad money" ahead. could hostess, yes, twinkies, give your port foal kwloe something to

nike invested in technology. they had cultural leadership.e a never ending situation. kriti: give us a timeline, a sneak peek into the future. how long does -- do the issues last? when could we expect some relief and a new normal? jennifer: if you are thinking about the last two years, you just had 17 million people who were told to stay home and china last week. you had the ship that went sideways in the canal. you had cyber breaches with solarwinds. these hits keep on coming. i don't know that anything ever finishes. what will change is technology investments. this conversation will be ongoing. that is what is going to happen. it is happening today. i think you will see major investments in technology. consumers are making those decisions with their feet. guy: how much is this going to cost? how inflation area are we going to see? that's a we are all trying to figure out. stuff is going up. the consumer is watching this happen. supply chains are being largely blamed for that. consumers understand this is happening. how quickly can company s

. >> not in you look at airline seats or nike. people are pent up. people have money from covid relief and haven't done anything so long. cabin fever. >> right i think it is an unusual cycle in that way. you vant haven't had consumers the town. >> paint the town red. like the dress, becky. >> the shirt thank you. >>> let's move on to the crash of the boeing 737-800 in china the flight carrying 132 people drones and manual searches are conducted to find the black boxes. the china eastern flight 5735 te entered a steep fast dive yesterday. the plane plunged to 7,400 feet before regaining altitude and dove again the plane stopped transmitting 96 seconds after the dive. boeing shares ended the day down 3.5% it had come up off the morning lows no idea the mechanical cause >> disturbing. funny how the faint image you can see is disturbing. >>> shares of nike are higher. results beat estimates thanks to robust demand in north america they delayed outlook citing inflation and war in ukraine and clogged supply chains. it expects to provide guidance with the n

nike reports, and i think nike is a terrific company. it has large china exposure. nike's has been a terrific company from 179 down to 117 do you want to say that nike is so terrific now at 117 you want to buy it? >> maybe you want to see the quarter. >> i don't know, maybe i start to think that the risk has been overpronounced something good might happen. who knows? who might back off that seems unlikely from a percentage basis of autothe outs right now. if that were to happen, that would be a very strong day if not -- >> we know aleppo, no one wanted to save syria. we know grozny -- >> jpmorgan said add to risk medium term. why not start doing it now. >> that's a great question the vast majority of our viewers, if they bought nike at 115 and it goes to 100, you know what they say? don't worry, it's the medium term, no, they say those two knuckle heads -- >> don't include me in this. >> all right, this knuckle head decided to stick his neck out. i need a catalyst just because a stock is going down, does not mean it's time to go up. i ha

you could say for nike to potentially alienate several of its consumers. in effect, what it's done is it is improved, our perception of the mikey brand is a brand that has values that it honors. and so i do think companies are expected now and the leaders, it's not just the brands, it's actually the leaders now as spokespeople on. 5 geo political events and yes, this factors into their risk assessment when they do business in different parts of the world doesn't at the same time, companies have been declaring their solidarity with war torn ukraine. but the margin for error is really thin. here in german supermarket chain, for example, publish an ad would read freedom as a provision against the backdrop of a ukrainian flag that cost a lot of backlash. how far can i should companies go in trying to market their solidarity? well, i think the, the way it works is you don't market your solidarity, you just take the decision and you maybe don't need to make a lot of noise about the decision. you do the decision because you're driven by the values and the ethics

. >> of course >> one good test of consumer will be nike because it reports today after the close.for earnings $10.59 billion in revenue for the quarter. nike stock taking a dip it's down 20% on the year and well off its highs from last fall if you think about everything that's been worrying the market lately, a lot of global growth concerns, war in russia and ukraine, the spillover effect on europe, what's happening with china and the shutdowns there, and that market coming off already a little bit of weaker demand because of some of the nationalism around chinese brands that's all being reflected in the nike share price, as well as supply concerns. i just wonder how much of the bad news is priced in here to nike, because all the analysts still love this name and their strategy >> well, i think the other thing that's part of the context is that it really did -- the stock got up to a hefty premium to the overall market, to its own history. there was this real love for the global brands who could well navigate the supply chain issues and still now, 35 times earnings, it's like 40 ti

kobe bryant's estate is back with nike. a year since bryant's initial endorsement deal with nike expired now the bryant family is back, reaching a new long term contract to produce foot wear and apparel. in addition to rereleases of the 11 bryant models worn by bryant in his career, they'll launch new gigi bryant series for nike, this is a sales mover. last season, two kobe models were the most popular sneakers for nba players on the court 71 players wore them, according to baller shoes db, which tracks this stuff it was hard for fans to buy them kobe is also an international brand and especially huge in china. he visited there regularly for two decades. even after retirement, and helped put nba on the map for chinese consumers and fans arguably one of nike's most important growth markets oday. resale is always a good measure of demand. ebay told us 24,000 kobe sneakers were sold last year 34,000 sold for lebron the first release of the new deal would be may 1st, which would have been gigi bryant's 16th birthday. >> the eu

. >> why were they wearing homemade spaceship uniforms, brand new nike sneakers?ir pockets filled with their i.d. cards, spiral notebooks. >> the largest mass suicide on u.s. soil in this century. >> what in the hell happened here? who are these people? >> it's a cult. it's the cult of cults. it's the cult of truth. >> they call him do. >> marshall applewhite, do, is basically their god. >> who is this man? he promises they'll be carried to the next level of existence in a ufo. a life of isolation, rituals, hoods blocking their faces, some even castrating themselves to curb sexual desire. >> your only chance to evacuate is to leave with us. >> before he was do, he was the son of a successful presbyterian preacher. >> was always on the honor roll. just a born leader. >> he was a wonderful person, at one time. be a beloved music professor, - have children. >> secretly he has got the gay affairs going on. >> when he is 33, a shadow moves in. his wife goes back to the parents, the children go with her. >> we didn't even have the word homosexual when we were going to s

that i think have a lot of pent up still to go the tailwinds in athleisure innovation are there nikeomething you've been wanting to see same with lulu those are the top two on my list nike from 175 down to 120. price in a lot of down gralds that haven't come with nike in the last month. >> it's amazing on twitter people are constantly tweeting pictures of their gas prices they're encountering, $4 $5 shouldn't it catch up at some point, dan even at the gas station level you're not going into the convenience store to buy the soda or cigarettes, it catches up >> i guess it depends where we're talking on the consumer spectrum we made the point last night, consumer balance sheets are in good shape, savings at record-highs, that sort of thing, so the whole idea we could with stand a price shock in oil for the time being after $4 trillion were just thrown at the pandemic from monetary and fiscal makes some sense to me. i don't think there's a reason -- you know, i'd be more concerned about a mcdonald's shutting down in russia having close to 10% of sales off line for a time period than i wo

things like that hold up a little bit better in terms of elasticity of demand nike has decent exposure in china and europe i do not see a lot of catalysts that make me want to jump in kbh is a name i own. i don't think the backdrop sets up well. you have to trade for the market in two ways and if you want to step in and establish position there are points and times to do that >> from housing to semiconductors i think the market felt it today. >> the next guest warns housing is creating a tough situation for the fed. michael, great to have you with us is the fed watching mortgage rates? effectively spike, the rise we have seen has been affidavit nom cal and you sent our producer an ad financing is now 2.49%, a lot more for the consumer used to 0% financing. does the fed look at it and think it will be a strain on the economy. >> the fed is looking at hoe many indicators. you have mortgage rates, ukraine, garden variety sinner flation and the reopening from the pandemic i think from the fed's perspective, the fed and for all of us in the market. it is what is needed tough to find a singl

nike strikes a new deal to continue kobe bryant's legacy. ♪ ♪ ♪ >>> live from cnbc the facts.ruth. the news with shepard smith. >>> good evening new signs tonight that russia's invasion is failing and the ukrainians could be turning the tables on vladimir putin russian forces have lost full control of kherson, a key port city in southern ukraine according to a senior pentagon official this could be a huge strategic blow for putin and controlling kherson, it was the first major city that russian troops were able to capture, but they've been facing unrest and defiant protest in the streets after they took over here's another sign that the invasion is struggling a u.s. defense official says russia has started moving reinforcements to ukraine from the country of georgia moscow is now signalling that it may give up on conquering the whole country. the russian military claims it's shifting its focus to liberating eastern ukraine. that's where moscow-backed rebels have been fighting to secede for more than a decade. we don't know if the kremlin is lying. as russia wages war in ukrain

we saw the nike close last night and essentially blew it away.n the camp that maybe investors can survive this round of inflation and if they do the companies that can pass on pricing power should be the stocks to buy? >> there are stocks to buy. for me nike is not one of those stocks. it has less than a 2% cash yield. i've been down this path before with nike. the chart, i just don't like it. company has too much exposure to china. charles: what do you like? >> right now, my most recent purchase is facebook. charles: okay. >> facebook morphed into value stock. 10% free cash flows. you will see that in a lot of value portfolios coming up. charles: erin, what do you like here? >> one of my favorites right now is marriott vacations. it's a mid-cap stock. i've been pushing the smaller caps. it is trading range come off and could see another 10% appreciation. charles: that does speak also to the consumers having more cash. that is discretionary play. >> that i think will be one of the summer winners. charles: erin david, two of the best. we'll be rig

kids kids at the dornbecker children's hospital in portland, oregon it's part of a program with nike that helps raise money and spirits. here's cnbc's frank holland. >> i really wanted to highlight how important it is to love how you look and love yourself for who you are. >> reporter: sneakers with a soul in more ways than one zoe wanted to reflect her love for the university of oregon ducks and the children's hospital that gave her back her smile. >> it was the first hospital i went to that really listened to me and actually realizeds reall. >> rep something was really wrong >> reporter: zoe struggled with pain before her diagnosis ofe hospital was life-changing. gpa, an autoimmune disease the teen says her time in the hospital was life-changing. >> i wanted to really highlight the nurses that took care of me in the hospital. i actually was so inspired by them that i am going into the nursing field now. >> reporter: nike started the dornbecker collection in 2004. sales of the sneakers have raised more than $30 million for the hospital the dornbecker has also become one of the hotte

s&p 500 closing up by 1%, the dow up 250 points or more, thanks to shares of nike. nike one of the best performing stocks yesterday after they reported better than expected earnings. that is something the market definitely focused on yesterday. today the market will be focused on new data on new home sales. elsewhere some news on apple. apple services, including the app store, apple music and icloud web apps are back online after facing an outage for the second straight day. it's not clear what caused the problem on both sides. bloomberg reports apple told employees it stemmed from domain name system, which enables computers to match a website with the correct server. employees at a seattle starbucks have voted to unionize. it's the seventh store in the country to vote in favor of unionizing. at least 140 more stores in 27 states have filed petitions for union elections. the latest push comes as long-time ceo howard schultz returns to starbucks on an interim basis. he has successfully fought past attempts to unionize stores and roasting plants. uber will temporarily

, like — corporations like mcdonald's, like nike, like coca—cola which employs tens of— nike, like coca—colad we are putting _ pressure, we've read the room and we are pulling out of russia for now." some _ are pulling out of russia for now." some of— are pulling out of russia for now." some of these companies will pay a price. _ some of these companies will pay a price. it _ some of these companies will pay a price. it will— some of these companies will pay a price, it will hit them, but they feel if— price, it will hit them, but they feel if they want to look at themselves in the mirror and their consumers — themselves in the mirror and their consumers around the world in the mirror— consumers around the world in the mirror or— consumers around the world in the mirror or face—to—face, it's something _ mirror or face—to—face, it's something they have to do. i�*m mirror or face-to-face, it's something they have to do. i'm not sure if you — something they have to do. i'm not sure if you have _ something they have to do. i'm not sure if you have been _ something they have to do. i'm not sure i

is joining the list the move comes days after nike announced it would not be able to guarantee deliveryonline orders on its website >>> ikea announced closures for its stores and factories in russia as well as halting imports and exports out of russia and belarus spacex ceo elon musk warned his star link communication system is under a threat of cyber attack in ukraine. >>> now as the war in ukraine heats up americans are increasingly feeling the pain at the pump analysts fear the average price of gas might soon top $4 a gallon there is a glimmer of economic hope, though, this morning a coming jobs report expected to show more jobs added and strong wage gains for more let's bring in cnbc's karen tso. she's in london. karen, good morning. >> already energy experts are talking about potential for an energy crisis, something like the 1970s that we've not seen since then the disruption continues at the pump what does it mean? already the current average is 3.61 per gallon. we're seeing the credible prices in a short period of time. u.s. cities could also see that $5 mark in coming weeks. ex

. >>> nike's latest ad is bringing attention. this 3-d bellport is drawing attention. >>> reported hate crime incidents on the rise in the south bay. the alarming new numbers out, into police say are being targeted the most. >>> another dry >>> many disney employees are walking off the job today. it is in protest over how the company responded to a florida bill. >> that bill ben's instruction on sexual orientation and gender identity in ergart ave that story. >> reporter: about 100 disney employees walked out of work and made their way to betty davis picnic area in glendale. >> we just gathered together to have an open forum for speech, education, and community. >> reporter: many of the companies lgbtq cast members felt betrayed i the ceo. earlier this month florida legislators pass the parental rights and education bill now dubbed the "don't say gay" bill. it forbids discussing sexual orientation and gender issues to florida's caterer third- graders. >> so the bill passes. >> reporter: the bill is now headed to governor ron desa

nike and vanessa bryant, the wife of the late kobe bryant, have announced a new partnership which willgnature shoe back into production. in addition, the company will also be launching a new gianna bryant shoe series. kobe and gianna gigi bryant, as she was known, were killed in a helicopter crash, of course, along with 7 other people last january. the announcement comes after the relationship between nike and the bryant family seemed to be fractured. vanessa bryant said last year after kobe died that the shoe company made stickers dedicated to her daughter gigi, without her consent. 100% of the proceeds from the john, a shoe line will be donated to the mamba and sports foundation. a nonprofit dedicated to creating positive impacts for underserved boys and girls who play sports. >> a high school basketball game in michigan became even more exciting than march madness. when a blind a student made this basket. seventeen-year-old jewels, google and is blind. and on a team of students with and without disabilities during the game, a staff member used to pull to bang on the basket that allo

you could say for nike to potentially alienate several of its consumers. in effect, what it's done is it is improved. our perception of the mikey brand is a brand that has values that it honors. and so i do think companies are expected now and the leaders, it's not just the brands, it's actually the leaders now as spokespeople on. 5 geo political events and yes, this factors into their risk assessment when they do business in different parts of the world doesn't at the same time, companies have been declaring their solidarity with water ukraine. but the margin for error is really thin. here in german supermarket chain, for example, publish an ad would read freedom as a provision against the backdrop of a ukrainian flag. now that cost a lot of backlash, how far can i should companies go in trying to market their solidarity? well, i think the, the way it works is you don't market your solidarity, you just take the decision and you maybe don't need to make a lot of noise about the decision. you do the decision because you're driven by the values and the ethic

i don't know if ralph lauren is that camp not as profitable as lulu or nike and i honed in on that argumentcase for lulu 70 percent revenues from the u.s., if you look at valuation of ralph lauren, lulu, nike different from a relative or an absolute sense are right on historical averages so i would probably look elsewhere. >> coming up, four different stocks with one big thing in common we'll find out if they're worth scooping up with a game of trade it or fade it. plus heavy medal making waves in the options market. details when "fast money" returns. (vo) for me, one of the best things about life is that we keep moving forward. we discover exciting new technologies. redefine who we are and how we want to lead our lives. basically, choose what we want our future to look like. so what's yours going to be? what if you were a major transit system with billions of passengers taking millions of trips every year? you aren't about to let any cyberattacks slow you down. so you partner with ibm to build a security architecture to keep your data, network, and applications protected. now, you can tack

>> we think the athleisure trend is going to endure and if you really think about it, adidas and nikeuopoly in athletic wear for the last 30 plus years nike tends to trade normally in relationship to each other and due to the pandemic in europe, adee da das is down one-half of the multiple of nike we like that one here. >> all right i mentioned a couple of other plays here ups. you say they finally figured out pricing. amazon is doing a big stock split and has been under pressure this year gina, what about u.s. equities more broadly what would you say to people worried about the turbulence we could face in the months to come >> well, so here's what we really kind of focus on. if you look at all the conflicts, the major global conflicts since 1947, most of them with the few kpepg exceptions were buying opportunities. the biggest exception was the yom kippur war you had oil prices being pushed up when inflation momentum was building that's what's interesting about that comparison to today and so what really sealed that deal was fed response. the fed was very aggressive. and i think all

foot locker has cross purposes with nike.am not attracted by that yield. only if you were concerned amount fundamentals. c is in new jersey chris! >> caller: hi, jim, first time calling. i have been watching many years with kudlow and cramer >> all right >> caller: i hope you help out small investors. >> that's my goal. i was small investor that's my goal >> caller: thank you for taking this phone call. number one, i want to ask you what you think of digital bridge >> i got too many of those i don't want to invest if ticket dal tower. somehow the way we actually had some better movement in the digital sectors. i will say no to the tower business no way shape or form that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by -- td ameritrade >>> coming up, when detroit stopped at an electric future, elon carried the torch now the auto is in another gear. he is destined to share th spotlight and the profits. cramer has more next ♪ ♪ ♪ ♪ age before beauty? why not both

. >> one stock we talked about nike last night. everybody was enamored with earnings in such a difficult environment and the guidance they gave, the stock was up 8%, looked like it was ready to party, right did you see where it opened and it closed on the dead low, if the stock market was open another hour it would have closed down on the day i think that's a preview of what we'll see as we get to the end of q1 into what might be disappointing pre-announcement season. we may see companies come out and -- i'll say this -- might have a mulligan -- because of the uncertain ty going on with europe supply chains and everything to me this is a technical rev reversal a week and half ago we weren't pressing lows it was buy the rumor. >> i wasn't pressing lows but i have not been on the market's ability to hold this i will push back on your nike. qqq, so the nasdaq 100 closed at the highs and we're up 12 and three-quarter percent off the inter day lows from last monday on a day rates kicked higher. i agree q1 earnings are not going to go we

nike, starbucks, wynn falling to 52-week lows the vaccine stocks were largely abandoned after covid cases plummeted and data indicated boosters aren't that impactful with the china surge, those stocks are surging too china's own vaccines areabouts considered as effective as the american mrna vaccines and finally, home builders getting wrecked right now. why? treasury yields are jumping to multi-year highs and that means higher mortgage rates and a potential slowdown in home buying those stocks are now 30% off their highs. the fed hasn't raised rates yet and the housing market already is bracing for a big slowdown. could get worse if the fed signals more rate increases faster this week let's dive into the news of the day. chinese stocks getting smoked. check out las vegas sands take a look at the kweb that tracks chinese internet names. it's down more than 11%. joining us to discuss, cnbc's beijing bureau chief, eunice yoon, andy rothman, and mike santoli, of course andy, chinese population, 1.5 billion people second biggest economy in the world. and yet, these stocks are proving over and

_ nations, establishing a border, and nike to— nations, establishing a border, and nike to say— nationsato to move back and they want the _ they want nato to move back and they want the us to move out. that is what _ want the us to move out. that is what they— want the us to move out. that is what they are demanding. it is bigger— what they are demanding. it is bigger thanjust ukraine. what they are demanding. it is biggerthanjust ukraine. i what they are demanding. it is bigger thanjust ukraine. i think moldova — bigger thanjust ukraine. i think moldova and georgia and places like that are _ moldova and georgia and places like that are sitting on the edge. as we on the _ that are sitting on the edge. as we on the west— that are sitting on the edge. as we on the west continue to signal, listen _ on the west continue to signal, listen to— on the west continue to signal, listen to howl on the west continue to signal, listen to how i say this, as we continue _ listen to how i say this, as we continue to— listen to how i say this, as we continue to signal, we will fight and defend every inc

they order matching nike shoes.: the pied piper takes his followers on a pilgrimage to tell them all his stories about the places he once visited with nettles. and after all the years of fasting and diets, ironically they race to the donut shop before it closes. >> i think i'm gonna stop here because we're gonna go back to the donut place. >> reporter: a strange bucket list. a visit to sea world. in las vegas, circumstance desoleil. chicken pot pie, cheesecake, spaghetti at chain restaurants. all of it documented in the group's home videos. back at the mansion, they cancel the garbage pick up, the lawn service, and out in the gardens, followers gather to rehearse for a big moment on camera. these tapes have not been released before. >> we want to see what the sound quality sounds like. >> reporter: and for a brief window, we think we may see glimpses of the people they once were before heaven's gate, sweetly individual, self-conscious in front the camera, charming, wondering if they're doing it right. >> i'm talking

nike's are unrelated with why the downgrade which is nike reducing their exposure to foot locker, buttrade comes directly from watching "overtime" a guest articulated ownership of -- i own psa, public storage at an all-time high. it's in and it's going to continue to move higher. >> somebody is lobbying to try to get back on "overtime", i think. steve weiss? >> you don't need me >> just to analyze look, the stock is cheap based on on what they're going to earn going forward. i think traffic is going to pick up, and december cession, if i'm wrong, own delta >> thanks, guys. see you in ot. the exchange is now. >>> thank you very much. hi, everybody. happy monday and welcome to "the exchange". it's getting ugly for bonds as we close out the quarter this week the two-year treasury option went horribly. since march 1st the yield on the ten-year is up about eighty basis points the 530 is inverted for the first time since 2006. who do bonds know and not know and what do investors do >> president biden is speaking soon about the budget plan including a minimum 20% tax on households over $100

nike's third-quarter estimates were beaten. the company that is seeing supply chain issues. revenue from greater china dropped by around 5% but still beat analyst expectations. nike share price is down 22% this year. on track for the biggest quarterly drop since 2008. alibaba is upsizing its share buyback. let's bring in bloomberg's asia tech executive, peter ahlstrom. is this a move to boost the stock price? what is going on? >> absolutely. it is a vote of confidence in alibaba's own shares. the company stock has been beat up over the past 18 months because of this page and cracked down on the tech sector that really began with the financial ability of alibaba. shares have been hit by regulatory actions. this is the company saying that they are going to put their money where their mouth is and spent up to $25 billion buy back own shares. that is a huge increase from the 15 million a nest. they increased that from 10 billion last august. it is a big increase. >> will this just be a short-term booster? are there fewer clouds giv

stuart: the 30 dow stocks i see nike at the top anything else?rgan which we know the banks are coming back today because higher yields means they make more off their loans. stuart: s&p 500 winners please? put them on the screen. headed by nike whose getting boring. how about the nasdaq composite? show me the winners on the nasdaq? >> align technology that's interesting. and tesla is up there, paypal. i think tesla probably tech stock of the day. stuart: i find that fascinating. overall dow industrials up 200 points, that's .60%, again, the yield on the 10 year treasury one more time, please, we're at 2.36% now, the price of gold has not bon been doing much recently down $5 at 19.29. bitcoin a few minutes ago was at 43,000 so you got a rally in bitcoin today. >> that's interesting, because you know, i was looking at a bloomberg survey that says bitcoin is probably the least- liked hedge against volatility and inflation right now. stuart: 43 grand at the moment, we had oil on the screen momentarily. it's down to 110 right now, that's still an eleva

owning a growing list of american and global companies from port to nike to apple. they suspended their operations in russia. the stock exchange has halted trading in many russian securities. the private sector is united against russia's vicious war of choice. the us department of justice has assembled a dedicated taskforce to go after russian , the crimes of russian oligarchs and were joining with european allies to find and see their yachts, luxury apartments, private jets and all there gotten games to make sure they share in the pain of putin's war. these by the way our giant yachts. some of them are i think i've read one was over 400feet long . this is worth hundreds of millions of dollars. the decision today is not without cost here at home. putin's war is alreadyhurting american families at the gas pump . since putin began his military buildup since then, the price of gas at the pump in america went up $.75 and with this action it's going to go up further. i'm going to do everything i can to minimize putin's price hike at home. we've already announced we're re