get this what is nokia? >> what do you meep, what is nokia?they call it nokia >> i don't know. >> it's a river -- >> what i thought. a river. >> so good, basically saying, listen we got to raise our first half performance showing evidence of good cost control, benefited from the strength in a number of you are end markets. david the question is, huawei versus nokia >> i don't know. look at that chart there it is. >> if you bought it right here. >> where's the iphone? iphone's not like, until around there. right? >> you know, out of it yeah last quarter, and wandering in the wilderness. >> a lot of telecom equipment. let's not forget it's not just handsets not handsets at all. i don't even know. >> it's systems. systems. >> right. >> david, i question whether this is the beginning of the -- well, maybe comes back trying to make. >> illcfo lucent. >> of lucent, when >> in the '90s. >> i don't remember. >> cfo, pfizer. >> really? >> yeah. >> emilio. fantastic guy. doesn't want that chasm. remember, it's coming? >> yeah. >> and don't bring that up

mark: you are also watching nokia. did you ever have a nokia phone?iss mine. >> i did have a nokia phone. pound for pound, one of the best phones you have ever owned. they do not do phones anymore, but the equipment business is doing well. this might be interesting to watch, this pattern over the earnings season. they are keeping costs down but demand is going up, so there profit line is looking up. this is something you can see from industrial and infrastructure stocks over the earnings season. anna: i just looked up the nokia banana phone. you can buy them still online, they are really expensive. let me ask you about swatch. what are we hearing? sam: this one is more of a case of restrictions easing, and tourism opening up. swatch earnings ahead of expectations primarily because people are traveling again, buying watches in airports, and retail stores are opening again. a much better picture for retail. anna: thank you very much. as we move toward the european market open, things look lackluster. we are waiting for the inflation print out of the u.s

nokia kept cost under control. demand starting to pick up.talking about raising four year guidance. a real pop higher for nokia. will be talking about volkswagen later. a historic opportunity in the united states to reestablish itself in that market. we will talk to herbert diess, the ceo volkswagen later in the hour. then let's talk about the u.k. banks. banks generally on the back foot. as they say, difference of opinion between the bank of england and the ecb in terms of the way dividends will be paid. alix: let's dig deeper into that. alison williams joins us now. on the one hand you have the ability for as much capital as you want for banks and the u.k. and the u.s.. what will be the competitive landscape as they try to work it out? alison: i do not cover u.k. banks, but our regulatory analyst has said that the u.k. regulator does expect some caution with regard to dividends. as you said in the u.s., we have banks broadly allowed to return to paying out as you can according to your capital requirement. we have still seen a differentiatio

shares of nokia are up big today, up roughly 9% the telecom equipment maker plans to raise its outlook the full year when it actually reports second quarter results on july 29th, citing a pickup in business during this past quarter. nokia shares are on pace for their best day since april that stock is up 40% over the last three months and up 50% so far this year. that stock, by the way, has been one of the beneficiaries of heightened investor awareness in ways to roll out next generation or so-called 5g wireless technology back to you. >>> my next guest says observability stocks can become the next big growth area in tech these are companies that help keep an eye on the health of a company's network. among his favorites are data dog, dynatrace and elastic elastic up 67% let's bring in tyler radke how is this different from cybersecurity? >> yeah, hey, thanks for having me so really cybersecurity is looking for intrusive traffic. traffic that might represent threats to your networks, to your ending points observability and what is known as infrastructure monitoring and application perfo

but at $5.80 i've never said this nokia's a buy.rsey a lot of home states kevin. >> caller: professor cramer, boo-yah. for the indiana jones of the financial jungle clme. >> long-term spec. periodically -- big lifts. look, he means well. this one and a couple others involving liquefied natural gas are over bought. that's nonsense. joey in tennessee. >> caller: how you doing thanks for taking my call. got a question about flood power. >> okay. jimmy chill says in the first week of august if they screw up you have to bring me the head of andrew marsh because they have got to put up good numbers they have to after what's happened, they must put up good numbers. am i clear they must put up good numbers. louie in vermont please, louie. >> caller: this is louis i bought nsego close to its high i'm wondering whether i should dump it or -- >> i don't know. nseco, dan has worn me out that has been a series of broken dreams, that stock and i'm done with the broken dream stocks and that, ladies and gentlemen is the conclusion of the lightning

that will feature princess nokia and hot new french act called la beatrice.ut some other tracks that looks set to earworm their way into the summer of 2021. ♪ ♪ ♪ >> ♪ a sign of the times ♪ >> [singing in french] ♪ ♪ >> [singing in french] ♪ >> let's get lost, baby ♪ ♪ >> it's brutal out here. ♪ ♪ >> some testing hits, music -- some of the fantastic music that is being released this summer but i want to ask guys, what are your summer picks? you were talking about something that has been out for a while. >> indeed. i was so in love with the record that jazmine sullivan put out last year. the think the record is called "feelings." this woman's voice is just in the stratosphere, maybe the best singer maybe ever. she is so good and i get so inspired. by hearing her sing, and the songs are fantastic. that was my pick. >> over to you, marc. >> yeah, i am really into italian music. these days. i believe in the back of italian singers. and this singer called -- "volare." i'm really into these phot o summer, summertime, sun. >>>> let's check out this bipolar love trac

nokia is in focus.he share price movement at nokia, as that particular company is soaring after raising guidance more than anticipated. the stock is up by 7%, telecoms equipment company obviously not. let's get to the last one on the list, ab inbev, budweiser maker, of course. the profit increase missing estimates. higher cost is one of the factors that is so often blamed and being blamed at ab inbev. ab inbev down by 4.7%. we spoke to the management at credit suisse, thomas gottstein, he promised there would be no more archegos scandals. they are addressing some of the risk management issues. we wait for a strategy update later this year. he did express his commitment to investment banking so that is something we will watch with interest. the share price for credit suisse down by 4.2%, perhaps more reflective of the underlying business and difficulties trading there, and maybe some of the difficulties because of head count loss, although thomas gottstein was defending that. anglo american has reported

you have europe's nokia, that has graded a debate known as 5g open ram -- created a debate known as 5gpen ram. that is going to be an interesting debate. lawmakers talking about wanting to invest in r and d. this would involve more u.s. companies. grading -- putting together networks there. that is one thing to watch. there is industrial policy popping up, people are thinking, how do we compete with china? here is one answer they have. it may be years off before this is a viable data composition. some say it would be far off, some think it could be this year. companies that have huawei may be able to use open ram technologies as in a replacement -- as a replacement for that. margaret: -- 5g, whenever we need to do to speed that technology along. on the infrastructure of peace, you do not hear as much about 5g in the infrastructure side. a seems like they are more focused on deploying fiber -- it seems like they are more focused on deploying fiber. there is skepticism on their part that 5g could be a true replacement for in-home broadband. verizon has been talking about their 5g fixed w

you lose, could you, could you have to the local news injecting pressure to nokia. again, if you read the government and companies around the globe are showing controversial as the claim vaccines are, they came to regaining freedoms, but could it split society down the middle? we debate the issue, you're going to create a society, they just choose not to have it. they're creating their own apartheid. those who need the back. so you should be happy to say it, but if solely that it is not working. if that is $11.00 word that can explain it to greet. meanwhile, the world health organization sounds wealthy states for the global vaccine disparity and produces to increase the price thing developing nation does come as the regulator still hasn't approved as presented to show that in india and u. s. approval is oil and gas drilling under joe biden, sky rockets, the highest since george w bush was in office, despite the current president's pledge to go. greg. ah, hello. well, can you watch? you know if you can actually, she's go 9 o'clock a moscow. now ludicrous, that's how

he is a nokia to the shadow government, your pedo. we have to forget what he's doing. we also have to stop calling this a civil war or some kind of a cultural war. this is just, this is cultural, social engineering gone nuts. this is a huge intellectual bar fight with no beginning and no end. it's a malay with, i don't think any. and in, in, in site oh, okay, let me go to jeffrey. i mean, i, there may or may not be a cultural war going on, but there's certainly a lot of play people that believe there is one going on here. jeff and i, and i find it really disturbing because you know, in, in our politics you can have opponents and you can have rivals, but now we're getting into the territory of enemy. and this is what i find very bothersome. and he sees such rigidity growing on different sides here. and that is the obviously not conducive to any kind of normative political culture that really disturbs me. go ahead, jeff. well, i think it's just 5 and dropping is pretense and the pretenses that he's somehow present up for all of us that he represents some sort of democrat

. >> pete, you bought calls today in lowe's, nokia and under a armour >> yeah. you're trying to navigate around those various areas of the marketplace. i look at these names and think there's an opportunity he was talking about the fact that the pe levels were trading where they are, which seem to be very high. we always say creates an opportunity. why would that stock get beat up the way it did pe is trading here all of that does make some sense. maybe the pe and 24, much like apple, isn't near ly as stretche as everybody wants to say it is. whether it's making certain stocks more attractive or whether it is signaling there might be more pain in the near future mike santoli, senior markets reporter or commentator is taking a look at this now. is it time to batten down the hatches because things could get worse? >> right. >> usually that puts on alert that you could reach headline indexes. it's probably better, though, than what you had january of 2018 where everything peak ed a once everyone thought all inclusive rally, and it would be upside from there it was

they are competing very heavily with nokia. that is potentially hurting some of their earnings.hey are trying to claw back market share. missing on their operating profit. let's turn back to the fed. joining us now is lucy coutts. jm finn investment director. thank you for joining us. there's a lot going on now between earnings, fed speak, pal testimony. what do you think is winning out in the markets right now? is the fed controlling the direction of assets right now? >> -- lucy: good morning. at the moment, the eyes of the investment world are looking at the u.s.. everything that jerome says matters. bond markets and economists have never been great forecasters of inflation. it's not that long ago since economists were talking about a prolonged slump in the world economy. at that time, commodities fell dramatically. it's that baselevel that inflation is being measured. in the u.s., it is running at 5.4%. that's a 13 year high. if you strip out, where jerome powell was leading, if you strip out the severe lines, the events, the new and used cars, things that are benefiting posi

better be you can't just drop a new color, switch up the charger, double the price and then give me a nokia] take that mess back to the lab i'm irked. >> jimmy: okay, all right, yeah, we do that [ cheers and applause i know what you're talking about. it better be a better phone. >> tariq: yeah, man. it's like the medicine commercials. they do it every time. they tell you all about the disease, name the medicine, run through ten minutes of deadly side effects and then say something like, "don't take dupixent if you're allergic to dupixent." i'm like, "yo, i got a type of dermatitis i'm not dumb." [ laughter ] and then, i remember that they're selling medicine to the same people who will sue you if you don't tell them that their coffee is hot. >> jimmy: yeah >> tariq: now i'm irritated about how litigious we are as americans. and the spelling of the word litigious. [ laughter ] so, naturally, i have to slam the gavel, close the case and sentence "saying stuff that goes without saying" to 25 to life on the irk list >> jimmy: all right. that goes on the irk list as well [ cheers and applause th

down from 2fers to double digits because the swiss said we're not doing business with huawei i like nokiaor jim, do you likekind are morgan still and if so, do you have a price target >> yeah, so the short answer is yes, i do. and i know this stock has been a vexing for some people off 8, 9% from the high. up 26 processors on the years. theyious reported earnings better than expected, second quarter in a row i expect that to continue. in terms of the price target, i see this in the low 20s, 22, 23 over the next 12 months. that's an excellent return especially with the dividend i would buykind are morgan here >> josh, jason in chicago i know you like crowd strike. what about checkpoint? i have a position should i buy more on weakness or hold tight >> so, checkpoint is really shockingly bad stock over the last five years. it's actually flat from 2018 with the cybersecurity spending growing globally by leaps and bounds you could have been virtually in any of the competitors and doubled or tripled the money crowd strike included. i'm not a fan. i know the company has become a punching bag for

all right good stuff bryn >> yeah, hey, carl, so for every apple there are far more ge and aol and nokiabe a buy a basket of great growth companies with that i would do the qqqs and ark. naturally changing over time >> the arkk, okay. going out on the risk curve a bit. they're young they have a long time to go so that's very interesting amy? >> congratulations, carl i think the next decade is going to be one of molecular medicine. i'm going to give you a value stock regeneron, a growth stock, illumina more speculative with great patent protection in intellectual property. intelia. a leader in crispr i think you will do well >> some ark play there is too. i noticed that pete >> yeah, you know, it's interesting, scott, i did with this with my children back in 2009 when they were young. they had to present to me what they were looking for and present to me why they should be able to own churchill downs and apple and some of the other flames he already has apple i like pepsi and coke. i like both they both work pepsi is more diverse than you're looking at coke but i think these are companies

you know, there are countless companies in history, throughout history, nokia started off with one paperthen it sold to the russian army and then it was a cell phone maker, and appliances and now to real estate giants, i can go through the list google reinvented itself, apple reinvented itself, netflix reinvented itself we can go down a list of companies in trouble and they survived and then thrived and it comes down to management so i want to know because you had spoken with them , how confident are you and management in amc. they've got cash they can do something magnificent with it. >> charles first off thank you for having me on always a pleasure to speak with you, my man. i have a lot of faith in adam aaron and the management of amc. they pay very close attention to the core audience of whose invested in their company. for example, the mcgregor fight is airing in amc theaters came directly from the people out on twitter and the reddit board and youtube comments and he read through that stuff and said hey, look is this something that think will provide value let's give it a shot and

shares of nokia are moving higher after the company said it's plan to go raise the full-year outlook. >>> conagra. however, it did cut its forecast that's hitting the stock, which is down 5.5% on the flip side. pepsico is higher. we'll talk about that a bit later. boeing, by far the -- amid a new of the 787 dreamliner, phil lebeau has the story. >> anytime you cut production, it's going to hit the stock, as boeing as announced it will be at least temporarily for a few weeks cutting the monthly production of the dreamliner it was f-5 they won't bring it all the way too zero before they gradually brig it back up. they will now by delivers fewer of half of those through the rest of the year, it's the forward pressure bulkhead, that needs to be inspected, and they will need to repair it the repair time is expected to be about three weeks, and deliveries, they have been halted since may that's the headaches for boeing today. it overshadows, with fairly encouraging news, when it comes to deliver yes, sir of the 737 max. >>> the dplifr yes in june, in terms of orders. >>> guys, back to you.

nokia, it is on your screen right now. lauren: yeah, look at that gain. stuart: a meme stock?o. he is looking to regain the company's 5g potential and slashing costs. that is paying off. the company says it will raise full-year outlook when it reports at the end. month. stuart: tell me about pepsi, please. i'm sure the snack division did well. lauren: new high for the shares. it is doing well and snacks are doing well. even though we're going out around about, drinking at the bar and movie theater, we're putting frito-lay chips into the pantry. stuart: have you been in a bar recently? lauren: does a restaurant that has a bar count? i've been to a bar. i sat at the bar. stuart: was it packed, shoulder to shoulder? lauren: around the bar, it was packed. outside the seating it was not. it was my first outing. i won't lie it, was a little strange. stuart: what about hanesbrands. lauren: what i drink at the bar. apple fritzer. i got made fun of because it was in a big girlie glass. hanesbrand, they see a clear path to growth. they like the champion brand. the stock is up more than