. >>> solvay surges as einhorn takes a stake saying the group is a top five position in his portfolio>> it is under valued because there is not a professional industry trying to identify and purchase these things. the opportunity comes to us and we can buy a company of this quality with a double digit dividend yield while we wait to improve the operations. >>> the disney ceo bob iger keeps the keys to the castle fending off the challenge from nelson peltz as the proxy fight comes to an end. we will hear from iger at 14:00 cet. >>> the head of nato proposes a 100 billion euro aid package for ukraine as the alliance looks to lock in long-term support. >> europe needs america for its security. this is essential. europe is investing more. at the same time, north america also needs europe. >>> good morning. we start the show with some economic data. we are just getting flash final pmi readings for the eurozone and these are the figures. in terms of the composite figure, we have it coming in at 14.9. i should say 50.3 compared to an expectation of 14.9. we're seeing a slight improvement and

solvay is 57% synthetic production. next chemistry cartoon.make sure you haven't fallen asleep, although there's no shame if you are fighting it. it says, wait, wait -- >> that was david einhorn at the sohn conference. we'll hear much more from david einhorn when he sits down at 2:15 p.m. don't miss it. let's bring back nancy on the markets. i'm not going to ask you about his pick in particular, but he was poking fun here at growth investment and all the hype that we're seeing around artificial intelligence. valuations that got out of hand and essentially talking about commodities. where are you in the markets this week? we have seen the tech trade take a breather, and things like commodities continue to move higher. >> yeah. hopefully we're continued well for all of that. we are value investors. i would say we're relative value investors, which has kept us alive and allowed us outperform relative to the peer group. so you have to be nimble in this business, but we have a clean energy infrastructure strategy that is long on many of the commodi

. >>> david einhorn says his company bought a stake in solvay.a chemicals company based in belgium. the company has higher margins than typical commodities producers. the stock trades at seven times expected 2024 earnings. it is a major producer of soda ash. shares are up in europe after the u.s. depository receipts jumped 14% yesterday. european trading is up 6.5%. >>> etsy issing moving higher the long pick from elliott. it will generate multiyear upside. elliott has a 13% economic stake in etsy. the company appointed one of the portfolio managers to the board of directors in february. >>> janet yellen is on the way to china set to meet with leaders on that side of the pacific. yellen is offering tough talk to protect american businesses. megan cassella is joining us with more about the trip. >> reporter: good morning, dom. yellen will have four meetings across two cities. her goal is to meet with former and current leaders. the biggest piece of the eagend is meeting with her counterpart li on the economy. she will press for changes. we heard a