at the program and as more problems with the boeing's already troubled $737.00. max the plane maker is pausing deliveries of the airliner which had been grounded for 20 months after 2 fatal crashes the f.a.a. cleared it for service again in a vendor last year but earlier this month boeing notified 16 airlines of an electrical power system problem with the jets leading to more than $100.00 maxes worldwide being grounded once again morning also says it lost $537000000.00 in the 1st quarter which is x. 6 consecutive quarterly loss. let's get more on this from our financial correspondent korda in new york let's yes let's start with the 737 max boeing has the pauls deliveries for now how big of a problem all we talking here when we talk about this electrical issue you know the fix is definitely taking longer than a boeing had told for boeing itself is circulating that the fix itself would only take a couple of days but so far regulators actually have not approved this fix so nobody really knows how much longer that's going to take and boeing admitted that if you look

alix: what i am trying to understand with boeing is what is boeing's problem and what is an industry issue. if we compare and contrast what we might get from airbus tomorrow, where are they going to line up, and where is there still this specific boeing issue? george: the boeing specific problem is going to be less 787 deliveries during the quarter, but that is exacerbating a problem already in the wide-body market. airbus hasn't delivered a lot of wide bodies in 1q. the boeing problem is definitely the max and getting that going. we are looking for the recertification in china. that is going to help boeing amp up some of those deliveries. that is going to generate revenues and cash. but right now the chinese haven't allowed that airplane to fly, so airbus actually gains on that. you will see a much better quarter for deliveries from airbus because they are delivering into china, and because they haven't had a problem with their program. so the funny thing is these programs, there's both pandemic and company specific problems, but they are getting sorted. guy: does boeing have a geop

sorry i didn't get to comment on boeing this is like he boeing and mcdonald donald's they're going to continue to dominate their industry and figure out their problems where apple's weakness has been is now a strength and i think it continues to power higher, i think apple being the largest holding in virtually every mutual you'll funds in stock portfolio of virtually every 401 (k) has to own this name there's going to be talk about pressure coming in the market but apple will continue to rip higher as it dominates its space and has the pulse of its consumers and they will continue to provide what they want. >> guy are we starting something with apple are we going to get towards 150 before we know it? >> i think so. not that it make as i lot of sense because you don't really have the earnings growth to support it in terms of valuation you're talking about apple now trading close to 27 times next year's numbers but to james it point the passive number coming in absolutely is a huge tailwind for apple. yeah, i think we continue to grind higher, earnings release on the 128th -- on the 28

things it boeing's time to shine. great reopening and you got to use this pull back as a buying opportunity. much more had "mad money" ahead. the restaurant staying power and what businesses are staying here then the recent boom in digital collectibles like a lot of other people don't miss the founders of an nft startup to explain it all. it called recure and tonight's edition of the lightning round so stay with cramer. ♪ ♪ ♪ ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪ with a bang, energy and change came to every part of our universe. seismic or small, it continues. change is all around us. shaped by technology and human ingenuity, we can make it work for you and your business. did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i miss? just everything regarding our physical, social, and mental health. exciting. i'm

yeah the fix is definitely taking longer than a boeing had hoped for boeing itself is circulating that the fix itself would only take a couple of days but so far regulators actually have not approved this fix so nobody really knows how much longer that's going to take and boeing admitted that if you look at the deliveries for the month of april for example those will clearly be hurt quite a bit and much more than expected and i could imagine that all those comments contributed to that the stock of boeing was down about 3 percent year on wall street behind me down by about 3 percent so definitely not a good development for boy boeing also announcing fresh earnings singers' the company posen a 6 quarterly loss in a row but also speaking about a a an inflection point as this year seems to be for the company that actually there is some light at the end of the tunnel for boeing if you're just look at the month of march for example for the 1st time in about 2 years boeing actually had more orders than cancellations and talking about the 737 mex they are hoping to increase production to $31.0

compare and contrast that with boeing. the boeing story may get better but this quarter it was horrible. cash was one of the main problems. airbus is delivering on the cash flaunt -- on the cash front. telling me a little about that earlier on this morning. what we talked about is whether this kind of solid q1 they have delivered is going to be sustained. are we had a tipping point yet? >> it is too early to say. we do not have a strong start in april. we see moving forward what it means. again, the reason why -- even for q2, it is too early to say what it will look like. we have been looking a lot at demand last year. it has not been stabilized overall. with the complexity i was mentioning. we start looking deeper with the supply chain as there are many ramifications of the pandemic on the supply chain. the focus is to make sure we have a good q2 and potentially a good second half of the year. a challenging situation across the board. guy: airlines currently have a lot of aircraft parked. my question is what is the lag be

boeing's troubled 737 max is making headlines once again this time the company is warning of potential problems with its electrical system manuals meant comes following a series of production issues with the 737 max jets that caused 2 deadly plane crashes which then led to the grounding of those planes around the world are teams training a chavez has more from new york. several major u.s. airlines are grounding their 737 max planes a following the latest problem with this was that the plane model something the company says is being addressed and is now working with the u.s. federal aviation administration to address the latest issues today more than a dozen airlines investigating possible lector call system problems with the 737 max jet the company said in a statement boeing has recommended to 16 customers that they address a potential electrical issue in a specific group of $737.00 max airplanes prior to further operations the recommendation is being made to allow for further verification that a sufficient group that exists for a component of the electrical power system while boeing d

boeing is urging the u.s. to separate china's human rights issues and trade this comes after the biden ministration has hinted at not lifting remaining sanctions from the company astray center at a recent aviation summit organized by the u.s. chamber of commerce boeing's chief executive david calhoun stressing the significance of having a healthy and competitive trade with china i think the tough her a bigger one and a lot of the one we're going to be trying to i think politically that's more difficult or is it ministration in the end it was the last administration. but we still have to trade with the largest partner in the world china we still have to trade calhoun saying their european competitor airbus would benefit from their current limitations and i hope that we can sort of separated the actual property rights of others from trade and to continue when courage of free trade a garment to economic juggernauts i think it's critically important we cannot afford to be locked up more. our competitor will jump r

the road map begins with boeing's max headache an

a quarterly loss for boeing. revenue above street estimates we'll run down the plane maker's latest results for you plus, numbers from alphabet and microsoft. fed ahead. investors will dissect every and each comment from jay powell this afternoon we'll tell you what to listen for as the final hour of "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew ross sorkin equities gotten weaker in the last half hour or so now down 81 points on the dow jones. the nasdaq indicated down 24 s&p off less than a half a point. so s&p folding up pretty well. 10-year as treasuries have moved back above 1.6%. 1.636% lots of things going on, especially not just the big picture but also a lot of individual companies which are a big picture, the ones we're talking about anyway, becky. >> right. >> all like $2 trillion market cap companies, some of them, not all of them. microsoft, apple. >> big, big companies. >> and boeing this morning another dow

electrical fault the planes were already grounded once after 2 fatal crashes boeing also reported 6 quarterly loss in a row more than half a $1000000000.00. meanwhile rival air bus reported a profit of $362000000.00 euros that came after a year on year losses airlines cut or delayed orders during the pandemic the european plane maker says cost cutting measures and military sales put it back in profit. while germany's biggest airline lufthansa has posted a 1000000000 euro loss for the most recent quarter continue its own difficult path through the pandemic with most air traffic shut down to times also tempered his expectations for a summer pick up but there does seem to be a light on the horizon losses in the 1st quarter were less than before and an easing of travel restrictions is being planned. a stalled airline most of lufthansa's fleet has been grounded for months but the planes still cost money parked aircraft need to be maintained and don't earn anything. people say a standing at plane is the world's most expensive billboard that means an aircraft on the ground not only doesn't

boeing is tomorrow -- market was anticipating. boeing is tomorrow. brooke sutherland of bloomberg intelligence is having a busy day. listening to what jetblue is saying, and the other airlines as well, they are starting to sound more positive. brooke: they are. guy: so what is the lag between mr. culp and these airlines having a better day and ge having a better day? brooke: there's a couple of different things. first of all, if you are an airline right now, you want to be a u.s. airline because this is seeing the best recovery. there's no natural borders. it is pretty easy to fly around the continental united states relative to what it was. so there's airlines really are seeing a measurable recovery. you are also seeing progress in the shorter hall international markets to latin america, mexico, central america. anything beyond that, certainly even around europe, is much more difficult. you look at parts of the world like asia, india, the picture there is much more challenged. so a company like ge is much more global. they do a lot of business in in

great stuff and boeing's a true story today. that's phil who talked to dave calhoun in the past hour >>> amd, stocks off the initial highs of the morning when it got back to levels we saw around the second week of february. we caught up with lisa sue and talked about the company's continued growth >> it was a very strong quarter. we're very excited about the growth that we see in the business i think what we see is across all of our businesses, whether you're talking about high-end pcs or you're talking about gaming or consuls, or data center, we're just seeing tremendous growth across the business and it's a very strong portfolio and strong market demand it's an exciting time. >> a lot of cylinders firing for amd as we heard from lisa. they do take 2021 revenue outlook from 37 to about 50 now in terms of growth although jpmorgan trims a little bit here they were at 105 on their target and they take it down to 100 >> yeah. and as you noted, of course, the stock looked up as much as 4% or more in the very early going of course, w

lvs and boeing in the stock draft. good luck, stephanie have a great weekend thank you for joining us >>> folks, like that the week is over by the way, futures are down 81 on the dow it may be volatile keep that in mind. have an awesome weekend. be well. see you on monday. "squawk" and the gang pick it up next we know how much you count on us... ...and that's why we're here 24/7... ...and on the road maintaining a fast and reliable network. we're always working to ensure the internet meets your needs... ...by making access easier for all... ...with comcast lift zones and our internet essentials program. we're invested in making our apps easy... ...to give you personalized assistance around the clock. and we're committed to keeping our team and customers safe by working from home... ...and using precautions in store. see what we're up to at xfinity.com/commitment >>> good morning not a complete surprise. big, big numbers for amazon. the stock jumping to a record high as sales hit $108 billion a full rundown is straight

. >> yeah, and boeing and cisco. it is clear from my action and my words that i'm very bullish right now. i'm not just going to wipe away the accusations of complacency because i think there are excellent arguments against complacency. i think there's fundamental reasons. we talked so far today about aggregate demand picking up, whether it is fiscal stimulus or vaccine, that's fine you know what else will help, is supply chain issues. we have been in a chip shortage issue for the last several months that held back production you can look at gm and ford and how many plants they're idling think about when the chip shortages go away and they will, think about the plants going back online and think about inventories on dealers' lots that are roughly one-third they normally would be. here is the beautiful part that's not tomorrow. that's second half of this year. that's into 2022 by the way, similar phenomenon on the texas weather situation and the electricity breakdown. fix that, that's going to be cap x that will be spe

and it basically, let me reset the table in terms of what boeing announced this morning. it is telling 16 customers, 16 airlines, that they should temporarily ground some 737 maxes. what maxs are we talking about, those that have been delivered since the plane was ungrounded by the faa last november what has happened is a change in the production has indicated that there could be a potential electrical issue in the power backup control unit. and as a result, boeing is telling its customers, look, shut these planes down, until you can check it out to make sure that this production issue, and my understanding is it has to do with how something is attached or fastened within the backup power control unit, that it is properly attached, and it is up to the way that it should be, in terms of how we want this unit to be functioning so as a result, you are having these airlines temporarily ground these maxes, to do these check, which could take anywhere from a few hours to a couple of days, southwest issuing a statement this morning, saying that it had pulled 30 737 max 8s from i

up next, boeing taking a wider hit than expected. what should you do with the stock? we will let you know we will talk starbucks and veeps au as well, and ahead of the nfl draft kickoff. rich eisen joins us. run, rich, run doing a lot of great things in the community and for st. jude children's research hospital we'll talk about that when we come back. a plan that can help grow and protect your money. now or in the future. with an annuity in your plan to help cover essential expenses, you can live the retirement you want. the right financial professional can show you how. this is what an annuity can do. ♪ ♪ front desk. yes, hello... i'm so... please hold. ♪♪ i got you. ♪ all by yourself. ♪ go with us and get millions of flexible booking options. expedia. it matters who you travel with. ♪ >> >>> welcome back i'm rahel solomon. here is your cnbc news update at this hour. >>> a prosecutor in north carolina says that andrew brown jr. drove his car into law enforcement officers before they opened fire and fatally shot him. he also disagrees with brown family

the return of the 737 max to service helped lift boeing's 1st quarter plane deliveries the aircraft maker reported $77.00 commercial plane deliveries from just 50 planes a year ago boeing said orders also picked up in march fueled by a major deal with southwest airlines which helped offset some cancellations. the british economy is showing signs of improvement thanks to the u.k. successful vaccine rollout in february the economy grew not to point 4 percent according to the office for national statistics exports of goods to the european union jumped by almost 50 percent but failed to reverse january's record prick's it driven slump. to china now where is couple of its capitalizing on a sensitive global economic recovery chinese manufacturers are have been filling supply chain gaps left by pandemic hit firms elsewhere leading to 9 months in a row of export growth for the country the world is importing chinese goods i never before. shen gens deepwater pours as a hive of activity thousands of containers are shipped abroad from here every day demand for chinese goods has risen dramatically in

obviously boeing did not do well last year, was down about 34%. it's up significantly this year, about 17.5%. you know, i think this is a pr issue, but i do think it won't be a major blip going forward. >> the white house unveiling an outline of its budget proposals today and morgan brennan has a look for us at how that could hit defense stocks morgan. >> speaking of boeing, one of the names in focus here, $753 billion. that is how much the biden administration is proposing to spend in fiscal 2022 on national defense. a 1.7% increase versus 2021. $715 billion is for the pentagon specifically up 1.6% or down 0.4% adjusted for inflation, which is, i should note, better than the worst case expectations as great as a 10% cut. the key now, where that money would go we're still very light on the details. we don't get those until next month. key elements will include optimize naval ship building, nuclear triad. northrop grumman, raytheon have been trading higher but others are lower. keep in mind all of these names have seen a pretty good run in just the

so i like boeing at 240. i think it gets up above 309, 310, so it's about a 6 to 1 risk /reward. >>> thank you both kelly and tyler, back to you. >> seema, thank you very much. >>> is demand about to take off for the airlines is the company is bullish on a rebound on a travel post-pandemic. the ceo, joe ana garrity will join us 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. >>> shares of jetblue were tdown 2.5% today but the company is sounding optimistic about a rebound citing greater than expected demand for leaisure travel joining us now in a power lunch exclusive is joanna garr itty with our own phil lebeau >> thank you, joanna, for joining us today you guys are talking about potentially breaking even in q3 and profitability later this year give me a sense what you're seeing of the mark

that's where you're seeing the change for boeing. united placing an order for 25 in q1, alaska for 23, and a whole host of other leasing companies as well as airlines also placing a number of orders. there are still cancellations out there. the delivery front, it is also improving. in fact boeing posting 77 deliveries for commercial air planes in the first quarter. that is the best quarter since 2019 one other couple of stocks to watch here first of all, boeing and we're showing going all the way back to q3 showing that while the stock has come back substantially over the last year, it's still nowhere close to where it was in q3 of 2019. i think it's down about 35%. also take a look at spirit aerosystems. they're not going to see a whole lot of growth in terms of f fuselages this year. it will be improving as the production of 737 improves. >>> up next, spotify hits the road the stock getting a nice pop today as it takes its streaming platform into the fast lane. we'll explain next. >>> later we'll speak way venture capitalist who is

. >>> also, some boeing max jets now grounded yet again. >>> and the flight this weekend on mars. >>> good evening. and it's great to have you with us here as we near the end of another week together. those alarming new numbers tonight on the virus in the u.s. we also have news on the johnson & johnson and the pfizer vaccines. but we are going to begin tonight with the world bidding farewell to prince philip. the husband of queen elizabeth passing away just two months shy of his 100th birthday. tonight here, the famous words from the queen about her husband. he was the longest serving spouse of a british monarch in history. four children, the grandchildren and great-grandchildren. queen elizabeth has said, he has been my strength and stay all these years. it was prince philip who famously walked with prince william and harry at diana's funeral. tonight, the portrait of a prince after he stepped back from public life just a couple of years ago. tonight, what president biden said today, his message from the u.s. and the images tonight, all of those visits with american presidents. and w

>> boeing. >> oh! >> will not surprise jim at all but the stock is down 45% in the past two years this was a $440 stock back in march of 2019. it's now 230 it is a reopen ultimately and also a fix a fixer upper. they have gotten the 737 max fixed. they announced on their call yesterday that they'll produce 31 a month starting in 2022. they have the 787 fixed. producing five a month in 2022 and the 777 on track, as well. i think they have done a good job making sales southwest is one and so i think they are going to see better inventory levels and leads to better free cash flow if a $21 billion in liquidity so they're fine so i like it and contrarian. >> oh. >> she's on to something. >> you like it >> i love this call. >> you look a proud papa over there, jim. >> the linkster and i have been buddies for ages this is a game theory pick you have to go two quarters before we get travel back so this is not a pick - >> not for today or next week or next month. >> not for when andre's in the final round of wh

>> even before they launched their first rockets, space x sued roman, boeing and lockheed, the biggest competitors in the space industry. they protested nasa, to of the. this is the one writing some eggs on the way to space. and that is just sort of how he acts. if he feels he's been wrong, he will always suit him. doesn't always help him because he comes across as brash and unreliable and he can your potential customers. for some people, it makes them uncomfortable to work with but in the end he typically does deliver and it really was his protest of a nasa contract in 2004 ultimately would save the company. this was a contract nasa awarded to a company called kistler to develop this transportation system to deliver cargo to the international space is an elon thought that was unfair and he said you shouldn't protest our most important customer, or potentially are most important. he said it's not right, we've got to do doing he is not being right because that protest basically for nasa to withdraw or,: edition. they eventually led to commercial crews was one of those contracts that the

microsoft, boeing, three dow jones stocks all sharply lower. taken together they shave 185 points at the dow jones, so without those three stocks the dow jones would be up. they're down low is down 100 20 points as we speak democrats data just is calling out his own party. he says woke this, i guess the new generation is a problem that his party is too scared to speak about. we will talk about that. flight bookings are up, triple digits from last year, looks like people are ready to break free from the pandemic of the lockdowns. we will show you what it looks like. are we back to normal at chicago's o'hare? we will take you there. ♪♪ ♪♪ some say this is my greatest challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) i really hope that this vaccine can get me one step closer to him. to a huge wedding. to give high fives to our patients. to hug my students. with every vaccine, cvs is working to bring you one step closer to a better tomorrow.

we're anxious to move into the kc136s as soon as boeing does a little work. how important are your planning moves involving the national guard? are you considering the rotation for the reserves, the national guard, their deployments and so forth as we move those 46s into those areas? >> ma'am, thanks for taking time yesterday on the ramp there. really just acknowledges what an important capability area refueling is. i would just say it's largely misunderstood or under-appreciated how much the guard and the reserve but especially the air guard contributes every single day to the output of the area refueling force element whether that be overseas or the continental united states on short strip alert day in and day out. my own opinion is the air force does this best in terms of total force int gragds. completely integrated today. it's absolutely seamless to me, when i see units in the field i can't tell which components they belong to. >> gentlemen, i appreciate it very much, and mr. chair, i yield back. >> thank you, senator ernst. let me recognize via webex se

boeing says it told airlines at a potential electrical problem was found. well, some 7 37 max planes were being built in washington state. the faa says the insulation of a particular piece of equipment could affect the plane's backup power supply. it's not clear how long those inspections will take. the issue affects fewer than 100 of the more than 450 max planes that have been built. britain's prince charles today spoke publicly for the first time about his father, prince philip, since the death friday at the age of 99. this is buckingham palace release details on funeral arrangements fox's benjamin hall has more from london. britain's prince charles paid tribute to his late father, prince philip. on saturday, one day after the duke of edinburgh died peacefully at the age of 99 different part was it was a very special person who. i think above all else would have been amazed by the reaction on the touching things that have been said about him. and from that point we are my family, deeply grateful ally that buckingham palace announced prince philip will be

boeing also -- schedules. boeing also saying it's unrelated to the flight control issues that led to two deadly crashes overseas and and a nearly two-year global grounding of the plane. the e.u. closing in on a deal to buy 1.8 billion additional doses of pfizer's covid vaccine. shares across all the drugmakers moving higher today, but it's really moderna taking the lead this hour, up 5.5%. this as france is looking to mix vaccines to combat the virus. france's leading health authority now recommending that people under age 55 who received a first shot of astrazeneca's vaccine get a messenger rna-based vaccine like moderna and pfizer as astrazeneca has continued to face concerns over blood clotting. and wd-40, everyone has a can of that around, right? slipping into the final minutes of trade after falling short on both earnings and revenue estimates. the stock down 12%. the lubricant maker saying that supply chain issues prevented it from meeting its customers' demands in the latest quarter and the stock gettin

i appreciate it. >> thank you >>> keep your eye on boeing this morning. one of the worst performing dow components about a one-month low here as the company says the cfo will retire in july extending the retirement age for dave calhoun from 65 to p 0 70 shares down 3% we're back in a moment you got your new customers — they get our best deals. you got your existing customers — they also get our best deals. everyone. gets. the deals. questions? got it. but, why did you use a permanent marker? because i want to make sure you remember. i am going to get a new whiteboard. it's not complicated. only at&t gives new & existing customers the same great deals on all smartphones. get up to $800 off our latest 5g smartphones. what happens when we welcome change? we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere workspace solutions, vmware helps co

plane orders at boeing hitting two-year highs the stock now named the best idea hdieang into earning seasons which means we'll debate it, and we'll do it next this rain is bananas. lease the 2021 es 250 all-wheel drive for $339 a month for 39 months. experience amazing at your lexus dealer. >>> shares of bowing are higher today after reporting strong orders and deliveries for the month of march goldman names it a top idea for earnings season. all right, farmer jim. you talked a lot about boeing and it seems things are picking up at the right time. >> yeah, they are picking up you know, if you don't take to me about this stock the point is air travel is seriously picking up by the way nobody is stalk abit but fuel oil prices are high they will probably go higher they are getting orders for 737 maxes. the pull back from about a month ago is the classic three steps forward, two steps back in this name this is where you're supposed to buy it last thing, scott, i'm going to repeat it from friday. anyone will talk to me about the wiring issues on the 737 max, you might as well tell me you

wednesday morning we hear from boeing it's bedevilled by execution issues it's got a huge number of unsold planes it lost the operational cfo meanwhile america's relationship with china once a huge customer is problematic, yet, if you're like me and you think we could be headed for an unprecedented economic boom including the biggest travel on slot in the history of the nation, you want to own the company most levered to it and that's boeing. after the close, we have three companies that can report blowouts, apple, ford motor and facebook apple stock is a lagger until vently it's caught fires and we heard about better cell phones and the enterprise, thank you katy human beingerty -- we can only dream of how much money they could make if, well, in a world where we had enough semi conductors to go around and not just to china. ford is worth buying facebook, judging what we heard from snap last night, wow, i think god, facebook is going to knock it out of the park once again, it's not too late to be a buyer of facebook as it goes to all time highs as if that isn't enough, the federal reserve

but boeing has really struggled. in december of 2015, they did an unmanned test of their spacecraft. it did not go well at all. they had to abort, they had a software problem. the clock was literally off by 11 hours. they had to bring the thing back down toert. and they have struggled to recover from that. they say that they are now ready to do another test mission with that boeing spacecraft, but guess what? the launch schedule here at the kennedy space center is so busy, so packed that boeing probably won't be able to test their unmanned vehicle until september or so. so we are not going to have a manned mission involving the boeing crew vehicle, maybe the end of this year, maybe into next year. they are really behind spacex at this point. >> all right. tom costello, krewe 2 blasting off from pad 39a at nasa's kennedy space center. the crew dragon capsule carrying those four astronauts from three different countries. just a beautiful sight. tom, thanks so much. i'm sure we'll be back to you this morning. more news

boeing recommended a temporary removal from service. the airplane manufacturer is working on a fix. >> i think i'm a very cool mom but my kids, for whatever reason, doesn't seem to agree, so i want to show them the results of a survey. >> reporter: here's the deal. we're not like regular moms. we're cool moms. according to a survey nearly seven out of ten categorize their mom as a cool mom. they said their mom talks open and honestly. some said they had great taste in gift giving. and three out of four said their mom deserve a splurge this year. i agree with that. >> especially that. all moms deserve a splurge. i will say my kids will not admit that to my face. >> reporter: you're a cool mom. you're not a regular mom. >> i don't know. diane, thanks so much. we'll see you again at 6:30. >> those kids cannot deny that you always speak openly and honestly. >> that's true. >> keep it real, my friend. >>> the future of flying cars right here in the bay area, the start-up ready to take your come mouth to the skies. >> you are a cool mom. all

>> even before they launch the first rocket space x had sued northrop grumman, lockheed and boeing the biggest competitors in us airspace industry. they protested nasa and the department of defense. this is someone who is breaking some eggs on the way to space. and that is just how he asked. if he feels he has been wronged, he will fight back. it doesn't always suit him or help him. because he comes across as brash or unreliable or anger customers for some people in the government it makes him uncomfortable to work with. but in the end he typically does deliver and it really was the protest of the nasa contract in 2004 that ultimately would save the company. this is a contract nasa awarded to begin to have the transfer on - - transportation system to bring cargo to the iss. he thought that wasn'thafa fair. they said don't protest nasa the most important customer potentially. this isn't right. he endedim up being right because that protest basically forced nasa to withdraw the award and will be open competition so the dragon spacecraft and then eventually led to commercial crew. it was

>> with boeing, boeing i think is a very out of favor stock as she said it's not popular i think it's a great reopening play they're sort of getting past the regulatory risk at this point where some of these other opening stocks are facing that >> there you go. steph, you've got paul hickey in your corner. i just like your team name stephanie link, paul hickey, thank you very much. up next, much more on today's big after hour earnings movers, including reaction from an analyst who thinks amazon still has a lot more room to rally after this blowout quarter the stock is up 3% off the highs after hours, twitter sinking 8%. plus mike santoli on what falling vinddide yields on wall street could mean for this market ♪ i wish that i knew what i know now ♪ ♪ when i was younger ♪ you need a financial plan that fits the way you want to live in retirement. a plan that can help grow and protect your money. now or in the future. with an annuity in your plan to help cover essential expenses, you can live the retirement you want. the right financial professional can show you how. this is wha

and you want to work with xi >> do you work for boeing? >> looking at the quarterly. >> well, you know what, we haven't talked spacs in a few days we haven't in part because there's not a lot new so to speak except for the continued sell offwhich is worthy spending a bit of time on i called it weeks and weeks ago spac-out >> i loved that. >> everybody lovinged that one. >> the lights haven't been turned back on i said earlier at the top of the show, the liquidity providers aren't there one question of course is have you had the cohort we talked so often about, retail investors and the likes of people who are focused on wall street bets to a certain extent may have provided some of that liquidity for spacs, have they gone away, has that contributed to it, but we also know as we can take a look at any number of them trading below ten bucks, which by the way is a free call, in many ways because you can say no, i want my money back, so there is some interest there, you can split warrants and a lot of different things that more sophisticated in

influence policy and when lucrative government contracts and the group does deny the allegations playmaker boeing has paused 7 $37.00 max deliveries over an electrical issue that has partly reground the fleet just as it returns to service following 2 fatal crashes also says of the last $537000000.00 in the 1st quarter but it expects this year to be a quote inflection point as vaccines will lot see mass air travel resume their studies samsung fortune phase one of the largest inheritance bills in history totaling more than 9000000000 euros that's 4 times the south korean government's total state tax revenue this year the current he who turned samsung into a global technology powerhouse died last october aged $78.00. 10 years ago during the global economic crisis thousands of young portuguese had to go abroad to find work if there were no jobs for them at home but now the country of 10000000 at the extreme southwestern tip of the continent has become a top location for european companies for to go might just be turning into the european silicon valley. portugal 2nd biggest city porto is the country'

policy and when lucrative government contracts and the group does deny the allegations he has playmaker boeing has paused $737.00 max deliveries over an electrical issue that has partly reground the fleet just as it returns to service following 2 fatal crashes oving also says it lost $537000000.00 in the 1st water but it expects this year to be a cold inflection point as vaccines roll out c mass air travel resume their studies samsung fortune phase one of the largest inheritance bills in history totaling more than 9000000000 euros that's 4 times the south korean government's total state tax revenue this year because he who turned samsung into a global technology powerhouse died last october aged $78.00. 10 years ago during the global economic crisis thousands of young portuguese had to go abroad to find work if there were no jobs for them at home but now the country of 10000000 at the extreme southwestern tip of the continent has become a top location for european companies portugal might just be turning into the european silicon valley. portugal 2nd biggest city porto is the country's industr

and is ready to go higher, mainly the industrials that includes gm, that includes cleveland cliffs, boeing those stocks have consolidated they're ready for their next leg higher it is true, you can just invest in the market. that's not what i do i am selective i look at retail look, dick's, i was in dick's this past weekend. the line was almost literally out the door and i look at the stock price and i say, yeah, it is reflected i'm not the first person to see that so i got to wait for weakness in retail to get in there. >> brenda, does that -- >> can we talk about amazon. >> let me let brenda get in and then i will get back to that brenda, why don't you tee us off on that. you also own amazon and we can get josh in to back you up. >> sure. there are opportunities still in retail if you look at tjx, it hasn't fully participated with the market they've been suffering from store closures in europe, but i think it is temporary. as we start to see reopen happening more meaningfully, it is a place where i think people who love to shop will gravitate to they should have exceptional inventory qua

apple, facebook, amazon, boeing, caterpillar. the fed meeting on wednesday will capture attention s&p and dow seeing mixed right now. >>> a quick look at oil. brent is trading down 1% today this as a drop for demand out of india which is the third largest importer of oil. as i mentioned, we have watched the situation unfold there closely. it is beginning to impact the comm commodities. julianna >>> on that moat, let's look at what is happening in india the international community is pledging supplies as the country battles the spike in cases hospitals are turning people away due to the lack of beds, oxygen and vaccines. germany, france and uk are promising supplies president biden says it is determined to help india in the time of need let's go out to cnbc tv in india. great to have you with us. give us a sense of how things are on the ground today after this weekend and how much hope there is on the hope of international supplies which is heading your way >> reporter: well, the situation looks quite grim like now. india reported