nintendo under pressure following the results.k gaining ground by .4% this morning. in australia have gold miners getting a boost with bullion trading near 10 week highs. that is certainly a big focus for us, with commodities. we will question whether or not we are seeing this inflation pressures creeping into other metrics. for sample we have chinese april trade figures do. we are waiting to see if we get any clues about imposed -- input costs seeing a general uptrend. fred newman at hsbc told us earlier he does not see upward momentum for this across asia. shery: a key concern and the rest of the world, as we continue to see commodity prices spike going into the headline inflation numbers. we will discuss all of that and preview trade numbers from china and the private cpi with betty wang. plus, we have a big interview coming up. we speak exclusively with the tata consumer products cl -- ceo. this is bloomberg. ♪ tom: it is not :00 a.m. in beijing and shanghai, welcome to bloomberg markets china open. abigail: david: -- david: w

switch and the p55. i like nintendo switch and the p55. 4' like nintendo switch and the p55. ~ , likeit is really interesting, _ ps5. i think it is really interesting, it - ps5. i think it is really interesting, it should | interesting, it should hopefully have a positive effect in the sense that they will bring more revenue into the cinemas. if you look at multiplexes they have ten or 20 screens with up to six shows a day on those screens. so your average cinema will be showing somewhere between 60 and 120 screenings a day. and unsurprisingly, quite a few of those are often empty, all of cinema is actually doing is that they have —— seeing that they have that empty space and finding other ways to use that space to make money.- finding other ways to use that space to make money. while the money generated _ space to make money. while the money generated from _ money generated from initiatives like this one is unlikely to make up for a year of lost revenue, it demonstrates that while cinemas wait for the latest blockbusters like the new james bond movie to bolster the coppers, plans lik

but nintendo like many companies often sets expectations low. it has room to upgrade its outlook.very much. coming up, we will look at stocks to watch including siemens and europe's biggest engineering company lift its guidance. a conversation between the ceo and matt miller talking about what they can do in the ramp-up of production for covid-19. ♪ anna: i'll come back to the european market open. futures point to the upside. u.s. futures more modestly to the upside. dani burger has a list for us and i see some reporting here in the u.k. that suggests the transport minister is to give a press conference at 5:00 p.m. today, which will be of interest to iag. >> you know better than anyone that iag has been so sensitive this past week with the story of the eu looking at allowing travelers in who are fully vaccinated. we will see what this announcement holds for the company later today. iag reporting its earnings, and the interesting thing here, they are being very cautious saying they only expected gradual reopening. pre-covid levels will only hit in 2023. a lot of caution from them

nintendo could be out with the new switch in time for the holidays.apanese company plans to begin assembly of the upgraded device in the next few months. it will replace the current console and is expected to be price higher than the original. trade groups representing social media companies including twitter and facebook are suing florida over a new law governing political campaigning. the log due to come into effect july 1 would penalize social media companies to block political candidates from their platforms. the companies could face fines up to two under $50,000. lawmakers in louisiana and texas are debating similar bills. coming up, he saw four companies go public in 30 days last year. next, where he sees the future for e-commerce. this is bloomberg. ♪ look...if your wireless carrier was a guy, you'd leave him tomorrow. not very flexible. not great at saving. you deserve better - xfinity mobile. now, they have unlimited for just $30 a month. $30 dollars. and they're number 1 in customer satisfaction. his number? delete it. deleting it. so break

nintendo could be out with the new switch in time for the holidays.ording to sources, the japanese company plans to begin assembly of the upgraded device in the next few months. and release it by september or it will replace the current october. console and is expected to be priced higher than the $299 original. trade groups representing social media companies including twitter and facebook are suing the state of florida over a new law governing political campaigning. the law, which is due to come into effect july 1, would penalize social media companies that block political candidates from their platforms. the companies could face fines up to $250,000. a day. lawmakers in louisiana and texas are debating similar bills. coming up, he saw four companies go public in just under 30 days last year. next, where he sees the future for e-commerce. this is bloomberg. ♪ emily: welcome back to bloomberg technology. i am emily chang in san francisco. i want to get a snapshot at how the retail sector is doing. kriti gupta has more from new york. some earnings out

sophie: aside from bud asia results, we get updates from nintendo.nd we have now reporting earlier -- nab reporting earlier. in malaysia, no changes is expected for a fifth straight meeting. the head of the boj, boj trading above 109 while nikkei futures are on the downside in chicago with japan online along with south korea and china this thursday. pulling up a chart on the terminal, we would likely see a muted start at the open on mainland markets, volatility with stocks trading at two-month lows while the csi 200 is off 12%, hitting the peak back in february. switching the chart on the terminal, markets were weighing inflation expectations, and i want you to see what is going on with treasuries. we have seen a climb on the two-year and five-year, as people see commodities as a hedge against inflation at $100 oil. haidi: when it comes to inflation, fed officials are playing down concerns. as the recovery continues, boston fed president eric rosengren tells us it is too early to talk about tapering. he spoke exclusively to bloomberg's kathleen hays

>> reporter: and you might think of video games as a gift for kids, but a portable console like nintendoomes with a game. >> reporter: exercise can happen anywhere >> i can just pass it to my kids and make it a fun family activity to work out all in front of the television. >> reporter: after a year of separation for many families. >> we missed the birthday. >> reporter: the pandemic may mean another mother's day on zoom. >> your mom is going to love it. >> reporter: but you can give mom a better view with a web cam upgrade such as the power conf 300. >> what's cool about this is it will pan as the people move around and zoom and follow you within a field of view. >> reporter: whether digital or in person, quality time is the number one gift moms have been asking for >> we missed a lot, huh? >> reporter: many this mother's day grateful for the gift of a vaccinmclaughlin, nbc news >> i think it's all about that gift of the hug. >> yeah. like she said, quality time. last year it was out of the question for so many of us to meet up with friends who don't live with us this year, hopefully wi

over the government's plan to extend the state of emergency until the end of may video game maker nintendo also lost 3 percent on friday as it confirmed the demand for its switch console is expected to decline a lot in percent this year now over to india where the sun sex is in the green even as the nation continues to see a massive outbreak of code cases new daily infections were above 300-0042 weeks straight but the lack of a widespread lockdown is keeping the surge from weighing on stocks banks also saw gains after india's central bank boost of lending to help the economy and australia the a.s.x. is up mining companies saw gains as the attack and banking sector face losses tensions with china also hit a new high. this week leading beijing to indefinitely suspend high level economic dialogue we have another green arrow for the all share in south africa while the vaccine drive is just getting started 14 percent of the population have received at least one dose a new writers poll also suggests that the south african economy will grow by 3.7 percent in 2021 in london the footsie is up the b

a range of machines from vintage consoles like the original playstation, to newer consoles like nintendoive effect in the sense that they will bring more revenue into the cinemas. if you look at multiplexes, they have ten or 20 screens with up to six shows a day on those screens. so your average cinema is showing somewhere between 60 and 120 screenings a day. and unsurprisingly, quite a few of those are often empty, all the cinemas are doing is seeing that they have that empty space and finding other ways to utilise it to make money. while the money generated from initiatives like this one is unlikely to make up for a year's worth of lost revenue, it demonstrates that while cinemas wait for the delayed blockbusters like the latest bond movie, no time to die, to bolster the box office takings... you can imagine why i've come back to play. ..plans like this one mayjust be what picture palaces need to keep in business. that's—a finish! laughs. that was marc. now you know over the years i have tested a fair few sleep gadgets. yeah, you have, in fact i remember the very first report you did f

a range of machines from vintage consoles like the original playstation, to newer consoles like nintendo a positive effect in the sense that they will bring more revenue into the cinemas. if you look at multiplexes, they have ten or 20 screens with up to six shows a day on those screens. so your average cinema is showing somewhere between 60 and 120 screenings a day. and unsurprisingly, quite a few of those are often empty, all the cinemas are doing is seeing that they have that empty space and finding other ways to utilise it to make money. while the money generated from initiatives like this one is unlikely to make up for a year's worth of lost revenue, it demonstrates that while cinemas wait for the delayed blockbusters like the latest bond movie, no time to die, to bolster the box office takings... you can imagine why i've come back to play. ..plans like this one mayjust be what picture palaces need to keep in business. that's—a finish! laughs. that was marc. now you know over the years i have tested a fair few sleep gadgets. yeah, you have, in fact i remember the very first report y

over the government's plan to extend the state of emergency until the end of may video game maker nintendo also lost 3 percent on friday as it confirmed the demand for its switch console is expected to decline 11 percent this year now over to india where the sun sex is in the green even as the nation continues to see a massive outbreak of code cases new daily infections were above 300-0042 weeks straight but the lack of a widespread lockdown is keeping this surge from weighing on stocks banks also saw gains after india's central bank boost of lending to help the economy and australia the a.s.x. is up mining companies saw gains as the tech and banking sector face losses tensions with china also hit a new high. this week leading beijing to indefinitely suspend high level economic dialogue we have another green arrow for the all share in south africa while the vaccine drive is just getting started 14 percent of the population have received at least one dose a new order's poll also suggests that the south african economy will grow by 3.7 percent in 2021 in london the footsie is up the bank of

. >>> and nintendo planning to upgrade the switch for this fall the console will likely be priced higherthe $299 original. >>> and the s.e.c. working on new investments to protect spacs. developing new rules or guidelines we will find out later what those may be you are watching "worldwide exchange" here on cnbc we are back right after this lately, it's been hard to think about the future. but thinking about the future, is human nature. ♪♪ at edward jones, our 19,000 financial advisors listen and work with you to create personalized investment strategies to help you get back to drafting dreams and building your future. edward jones. it is time for investing to feel individual. pain? yeah. here. aspercreme with max-strength* lidocaine. works fast and lasts. keep it. you're gonna need it. kick pain in the aspercreme what if you could have the perspective to see more? at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪♪ we see companies protecting the bottom line by putting people first. we see a bright future, still hungry for the ingenuity of those

market looking at ios or across gaming platforms, right because other gaming consoles, microsoft, nintendothey charge a similar commission fee to apple, around 30%. this is what apple is going to argue. that as you mentioned, too, they are relatively a small part of "fortnight" revenue. so if you're talking anti-trust, you have to look across a number of platforms, and epic can choose who they do business with. >> yeah. absolutely look, apple has a very good point in the fact that that 30% fee is standard. exactly what google charges, and epic is also suing google for the same issue, but apple does have the consistency on its side here the fact that it has done so much to enable so many different small business developers to bring their apps to the world. so it's going to be fascinating to see how this plays out, and i'm going to just be watching every minute of it, deirdre. >> it's exciting to see them all walk into the courtroom live this morning we'll keep track of that. >>> speaking of apple as an investment, carl mentioned they're fighting battles on a number of fronts warren buffett

nintendo delivered a big earnings bid on the switch sales, but warned consol production could be disruptedshortage. its income of $1.1 billion double the average estimate for the quarter and came amid a court -- a covid era boom in gaming. it was not able to produce as many devices as hoped and gave a conservative sale after when he .5 million. coinbase saying to record low, as -- speculative cryptocurrency such as dogecoin and finance going. the operator of the largest u.s. cryptocurrency exchange dropped for a fourth straight day while an etf that tracks shares of listed companies plunged for an eighth day. shery: we have breaking news out of singapore. reporting net income coming in at 1.5 billion sing dollars, which is higher than analysts had expected at 1.1 6 billion. also noninterest income coming in at one billion dollars. nonperforming loans ratio at 1.5%. we were expecting positive results, even we saw lower provisions that were likely driving healthy profit gains -- gains of the first port -- first quarter. insurance, wealth management for ocbc. first quarter net income higher t

one point apple's lawyers pulled up a chart that had, i think, microsoft, xbox, playstation and nintendon it and listed these three topics things that epic is asking for and made tim sweeney, ceo of epic go through each individual box and say, yes, yes, yes so that was definitely a big theme for apple, and sweeney -- epical answer is, basically, there's a different business model. the app stores don't need to take a 30% commission. they can charge way less, because that's how much it costs to run an app store. whereas a consolemaker actually is losing money on the hardware and trying to make it up on the commission trying to make that distinction but it's very technical. >> i said no sketches, but here are sketches yes, there are sketches. does it come down to, if you make money, then we get to decide as developers how much you get to charge us i mean, because, yes i mean, the console gaming model in the past had to do with using the hardware as a loss meter, but apple clearly, all the games its in, to make money, should that be held against them? >> yeah. that's sort of part of the big

angeles county, they came stumbling in here, in some ways, with bed head, with "star wars" t-shirt on, nintendorts, vans shoes. underneath this tent is the observation area where adults and teens are, after getting their shot. the teens expressed they were looking forward to their second pfizer shot and hanging out with friends, and going places. and here's what it was like for them. >> the first shot. it kind of hurt, at first. but after a second, it doesn't really hurt as much. so -- but definitely, move it around because if you move it around, it doesn't hurt as much. >> i'm excited. i can't wait to finally go back to living normal life. like, going to disneyland. number one, go swimming, of course. and just be able to get out of the house. we're, you know, social people, so we love being out of the house. so i'm excited. >> and you have a vacation planned? >> yeah. i'm going to zion, utah. i am going to go with my best friend, z. we have been best friends since we were very little. and it's really fun to always hang out with her. >> reporter: also, developing in california. the mask rules.

i'm 42 years old and i grew up playing nintendo and atarry. are we real -- atari. are we really at the point where everyone is playing shooting games wearing a bunny outfit. that's where we stop violence. not donald trump. thank you. host: p.a., john on our democrat line. caller: i think it's ridiculous to ban the president of the united states like the other caller said. if you're not going to ban democrats like maxine waters and lebron james and all these other -- -- ayatollah khamenei sit there and say death to israel. you don't ban them. i want to know when the "wall street journal," c-span, and all you rest apologize for lying to the american people saying brian sicknick was beaten to death with a fire extinguisher. that's a big lifmente it's not a lie. i have seen it. there were widespread fraud in this election. they know that joe biden didn't win. there is no way they got 80 million votes and beat bram and hillary clinton. -- barack obama and hillary clinton. that's why the people are mad. james o'keefe from project veritas exposed all this with cnn they ba

you can play it on nintendo switch and pc, so they say the claims of being a monopoly is untrue accordingmillions of players who no longer have access to an updated version of the game, and that is where epic games are saying that apple are still abusing their monopoly stance within the duopoly with google. find monopoly stance within the duopoly with gooale. �* ., monopoly stance within the duopoly with google-— with google. and of course gamers don't 'ust with google. and of course gamers don'tjust like _ with google. and of course gamers don'tjust like playing _ with google. and of course gamers don'tjust like playing games, i with google. and of course gamers don'tjust like playing games, they| don'tjust like playing games, they like talking about them as well which is why they read journalists like you. i wonder if there is a good guy and a back —— bad guy in this debate? share good guy and a back -- bad guy in this debate?— this debate? are there any good au s? this debate? are there any good guys? l'm _ this debate? are there any good guys? l'm not— this debate? are there any good g

the answer, colecovision in 1982, coleco paid nintendo $250,000 for the rights to the game which camequestion and it totally got me. i thought it was nintendo. >>> still to come on "squawk box" this morning, we are waiting first quarter results from general motors. we'll bring you those numbers and break them down with the ceo mary barra that's straight ahead. the stock is up by 1.4%. the honest company is set to ipo later today. we'll talk to founder jessica alba and the ceo nick vlahos "squawk box" will be right back. esg is responsible investing. who's responsible for building esg into your investments? at pgim, the pursuit is on for outperformance. as active investors, to outdeliver with customized strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. wait, this isn't your bed... how'd you get here? ah yes... groceries. earn points now to use on travel later. one of the many thi

he went on to appear in many sketches, including this one, dressing up as wario from the classic nintendoaimed doge father explained what it really is. >> what is it, man? >> i keep telling you, it's a cryptocurrency you can trade for conventional money. >> oh. so it's a hustle. >> yeah, it's a hustle. >> why didn't you say that, man? >> the doge father indeed. but while he made jokes about dogecoin on tv, another thing happened. the price plunged roughly 36% at one point, but it was a win for the ratings. early numbers showing that people tuned in to watch. his monologue already has 4.5 million views on youtube, you guys. >> definitely seeing elon musk in a different light. but i would -- the dogecoin thing, i would trust a man who went from number 35 on the billionaire's list to number two in a year, so yeah. >> it did start as a joke, and now he's on snl. >> exactly. that is true. thank you, will. good to see that side of musk. >>> when we come back, celebs and their mamas. >>> and magic mike's magical makeover. "the skinny" is next. ♪ skinny ♪ ♪ just gimme "the skinny" ♪ >>> all right

watching for changes in japan to modernize the nikkei 225 which could mean nintendo is added to the benchmark names like nissan. pulling up the terminal, rising inflation expectations backdrop. we are seeing dollar weakness being sustained with the greenback trading at 10 we close, it looks like we could see that continuing. haidi: let's take a look at that inflation debate, looking like it is spewing firmly one way. inflation gauges are rising, that breakeven rate is the highest in more than 15 years. let's discuss the marketing locations with a global market strategist at j.p. morgan asset management. great to have you with us. let me pull up a chart that shows you the five-year breakeven is topping the 2000 a high, now it is at 2006 highs. we are seeing these expectations at 15 year highs as you can see in that chart. how does this inform your investment outlook, do you have greater conviction when it comes to cyclicals? how much further downside is there for some of the growth sensitive stocks? guest: good morning. i think the debate and the reinforcing nature we are seeing in terms of th

the iphone enough to say that the iphone doesn't compete with all of these other devices like the nintendoor sony's playstation. what apple is arguing is that, hey, if you want to play -- if you want to play "fortnite," you can do it on any number of platforms. >> sounds like a lot of technology to untangle. dan, thank you so much. >>> it is about 22 after the hour. now here's a look at the weather for your weekend. ♪ cdc says re many normal activities, but should we have to prove we've gotten those shots? ahead, we'll look at the pros and cons of so-called vaccine passports and the medical and legal issues raised. >>> and a legal case we all learned about -- plessy vs. ferguson. while those names recall a notorious court decision and its aftermath, they're also the names two of remarkable people. today we'll see how they joined forces on an important mission. >>> later, a magnificent collection -- sort of baseball cards gathered over a lifetime, expected to set records when it's auctioned next month.buyin makes it so valuable. you're watching "cbs this morning saturday." >>> they claim mo

i'm 42 years old and i grew up playing nintendo and atarry. are we real -- atari.re we really at the point where everyone is playing shooting games wearing a bunny outfit. that's where we stop violence. not donald trump. thank you. host: p.a., john on our democrat line. caller: i think it's ridiculous to ban the president of the united states like the other caller said. if you're not going to ban democrats like maxine waters and lebron james and all these other -- -- ayatollah khamenei sit there and say death to israel. you don't ban them. i want to know when the "wall street journal," c-span, and all you rest apologize for lying to the american people saying brian sicknick was beaten to death with a fire extinguisher. that's a big lifmente it's not a lie. i have seen it. there were widespread fraud in this election. they know that joe biden didn't win. there is no way they got 80 million votes and beat bram and hillary clinton. -- barack obama and hillary clinton. that's why the people are mad. james o'keefe from project veritas exposed all this with cnn they bann