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Apr 22, 2024
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we are seeing india as a great market and opportunity. >> to talk about india and the opportunities, let's bring in rob. great to have you here. >> good morning. >> we are hearing from the cfo of qualcomm about the opportunities in the indian market. where do you see the opportunities? is it in tech? we hear about apple and tesla and micron moving production there. is that where you see the biggest upside with the indian economy? >> i think the biggest upside to us is what that means for the domestic economy and for jobs for urbanization for india. that is longer term. obviously, tech is very much part of that investment and job creating opportunities. >> it is interesting you are looking at that. we are looking at the fund which is about half invested in india and a heavy leaning to consumer staples and beverages. it seems like it is tied to a strong indian consumer. do you think the foreign investment translates to a stronger consumer? >> it is a secondary benefit, if you like. it starts with that investment and job creation and moving of people from their rural environment in indi
we are seeing india as a great market and opportunity. >> to talk about india and the opportunities, let's bring in rob. great to have you here. >> good morning. >> we are hearing from the cfo of qualcomm about the opportunities in the indian market. where do you see the opportunities? is it in tech? we hear about apple and tesla and micron moving production there. is that where you see the biggest upside with the indian economy? >> i think the biggest upside to us is...
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Apr 22, 2024
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india, you know, there were strategic bungles the last decade and not going to india or pushing with the mini car or model 2. that was on the table in 2019 and i'm hearing they had a bunch of reasons, but it was a strategic bungle. india is an essential market. that is a challenge for tesla. how do you get a china-like supply chain in india? you have to build it. it will take years. >> you are saying skipping the trip is a big deal. >> it is a big deal. this is why we see tesla looking for plant locations in thailand. it's a big deal. >> craig irwin. thank you. your target on tesla is $85. a 40% decline from where we are right now. craig irwin with the correction. thank you. >>> coming up on "worldwide exchange," a new bullish call on one streaming player and more potential gains on top of the nearly 50% jump so far this year. we will show you the name from the mystery chart coming up after this break. stay with us. >>> welcome back. time for the morning call sheet. morgan stanley is out with the target increase on spotify moving from $270 to $350. ma morgan stanley says it is focuse
india, you know, there were strategic bungles the last decade and not going to india or pushing with the mini car or model 2. that was on the table in 2019 and i'm hearing they had a bunch of reasons, but it was a strategic bungle. india is an essential market. that is a challenge for tesla. how do you get a china-like supply chain in india? you have to build it. it will take years. >> you are saying skipping the trip is a big deal. >> it is a big deal. this is why we see tesla...
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Apr 19, 2024
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india has reportedly rapidly increased manufacturing of iphones in the country since the last meeting but ahead of the earnings of apple in less than two weeks it is important to know that these are long- term initiatives and apple is relying on china for sales and the vast majority of its supply chain. >> what would it be doing in indonesia? >> that was specifically asked and the president said bring them here. >> what about singapore. >> a campus there and they are adding to that campus presumably to hire more people. >> thank you very much. >> sticking with the region the world's biggest election is underway in india where the prime minister is up for reelection with nearly 1 billion people going to the polls over the next six weeks and the growth story hinges on economic reforms and experts say the promise of strong growth at a time when the story continues to unravel has in a way shielded the indian leader from criticism of his handling of human rights issues and the government's purchase of russian and iranian oil and investors poor in and it's up 30% over the last year versus t
india has reportedly rapidly increased manufacturing of iphones in the country since the last meeting but ahead of the earnings of apple in less than two weeks it is important to know that these are long- term initiatives and apple is relying on china for sales and the vast majority of its supply chain. >> what would it be doing in indonesia? >> that was specifically asked and the president said bring them here. >> what about singapore. >> a campus there and they are...
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Apr 23, 2024
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last night we got the pmi in india. they are going to grow 7% in gdp this year. i talked about growth all the time because it does bode very well for earnings. we have seen good earnings across the board. p&g, pepsi. some things that we will learn as well. >> we were below 5000 last week. is a 5% pullback turning into 10% pullback. once again, the bears were left wondering, is that it? 5%? >> obviously, it is possible. i don't think so in the near term. not in the near term. i think it is encouraging viewing the technicals. rsi was around 30 for the nasdaq. and the s&p 500. what you had mentioned earlier, it was quiet. gold came down to 3% yesterday. this is a humongous week. we need to hear ongoing growth stories that we have already heard through earnings season. i think we could get a catalyst from what microsoft says, what google says and the like. >> we are 4% off the high for the s&p. goldman to say is that the market is still vulnerable. berkeley urges investors to fade any bounds and position for higher yields. it is the higher for longer that we were won
last night we got the pmi in india. they are going to grow 7% in gdp this year. i talked about growth all the time because it does bode very well for earnings. we have seen good earnings across the board. p&g, pepsi. some things that we will learn as well. >> we were below 5000 last week. is a 5% pullback turning into 10% pullback. once again, the bears were left wondering, is that it? 5%? >> obviously, it is possible. i don't think so in the near term. not in the near term. i...
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Apr 23, 2024
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. >> elon musk deciding to postpone the trip to india. do you think that is a big deal or not? we had an analyst on yesterday who says elon musk needs to be in india to grow the customer base and supply chain. >> i think it is a big deal. i think it is a big deal for the first time in some time he is prioritizing tesla. it is a focus he had obligations he stated. he has a lot going on. they laid off 10% of the work force. they are focused to stem the bleeding in the stock price. it was a great decision to stay here and try to get his house in order. >> let's get a little bit technical. you are saying with tesla under 150, it is trading at 143 right now, this is an attractive entry level. we are looking at the charts right now. down 40% year to date. why is under 150 an attractive level when it is under pressure with china and lower deliveries and price cuts? >> you have to look at the drawdown. if you look at the last five years, the stock is up 700%. short-term, this drawdown is an opportunity to sell puts. we love using options to define our risk. i have been long since last
. >> elon musk deciding to postpone the trip to india. do you think that is a big deal or not? we had an analyst on yesterday who says elon musk needs to be in india to grow the customer base and supply chain. >> i think it is a big deal. i think it is a big deal for the first time in some time he is prioritizing tesla. it is a focus he had obligations he stated. he has a lot going on. they laid off 10% of the work force. they are focused to stem the bleeding in the stock price. it...
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Apr 23, 2024
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india doesn't have the infrastructure to support 400 stores yet. but i think india has an edge over people levered to china. >> all of which is to say this news does not shake you -- >> i've been saying 160 for ages. it's still not there yet. when it gets there, we'll rethink it. if you want to put a 19 multiple on it and give it a haircut, you have a $135 stock. do you think the analysts in the big institutions won't come in and buy the stock at 130where it would be valued at a market multiple on annest maet cut of about 7% which is what people are implying. >> okay. that doesn't sound like a reason to buy the stock here. >> i'm note saying -- i'm not saying buy it here. i'm saying i don't think it gets to the 19 multiple. >> i see. >> i don't. i feel uncomfortable it's selling at 24, 25, given the fact that all the data points indicate it's going to be flat. it's difficult for any analyst to say we have a stock that's flat -- >> not stock that's flat. noreal revenue growth. >> no revenue growth. it's hard to defend. we do have a new iteration com
india doesn't have the infrastructure to support 400 stores yet. but i think india has an edge over people levered to china. >> all of which is to say this news does not shake you -- >> i've been saying 160 for ages. it's still not there yet. when it gets there, we'll rethink it. if you want to put a 19 multiple on it and give it a haircut, you have a $135 stock. do you think the analysts in the big institutions won't come in and buy the stock at 130where it would be valued at a...
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Apr 23, 2024
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elon musk canceled a trip to india and said good-bye to two senior executives while the firm recalled every cyber truck it shipped so far. all this after the first fall in delivers in four years. you see it right here in blue. the fall from the previous quarter comes as the company's board asked shareholders to vote on the $56 billion pay package for elon musk which the delaware court voided in january. joining us now is the global vice chair at alix partners. what were you expecting from this this report and earnings call? >> there is no question it will be a fairly important quarter and month. i have to say elon musk has endured a tough moment with the delay of more than three plus issues. i think this is not necessarily the most difficult moment. there is no question that the market is looking at competition. i do think this is temporary. i think we are moving from the market of early adopt afterers mass market. some of this was expected at least in our reports. >> evercore cited the price cuts will reduce any profit that tesla to make. is that just elon musk and tesla fighting fir
elon musk canceled a trip to india and said good-bye to two senior executives while the firm recalled every cyber truck it shipped so far. all this after the first fall in delivers in four years. you see it right here in blue. the fall from the previous quarter comes as the company's board asked shareholders to vote on the $56 billion pay package for elon musk which the delaware court voided in january. joining us now is the global vice chair at alix partners. what were you expecting from this...
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Apr 26, 2024
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pickleball announcing a deal with global spots to bring the ppa tour and major league pickleball to india. this is the first deal for the association. i wonder how it competes with cricket. >>> sweet and sour with oreo coming out with sour patch kids baked in the cream color cookie is has flecks of sour patch kids. icy hot. work. o oreos and sour patch kids? we will see how it works more "worldwide exchange" coming up right after this. heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. with gold and copper prices pushing towards all-time highs, u.s. gold corp is advancing so its environmentallyain. friendly gold and copper mining project and creating american jobs in mining friendly wyoming. with a proven management team and board, a tight share structure, and a solid cash balance, u.s. gold's portfolio of world-class assets are creating american growth and homegrown strategic metals as the us moves towards an electrified future. u.s. gold corp. >>> welcome back to "worldwide exchange." not just alphabet, but microsoft taking center stage. t
pickleball announcing a deal with global spots to bring the ppa tour and major league pickleball to india. this is the first deal for the association. i wonder how it competes with cricket. >>> sweet and sour with oreo coming out with sour patch kids baked in the cream color cookie is has flecks of sour patch kids. icy hot. work. o oreos and sour patch kids? we will see how it works more "worldwide exchange" coming up right after this. heat makes it last. feel the power of...
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Apr 19, 2024
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got to start thinking about brazil, philippines, indonesia, turkey, and then we have to extrapolate india. but they haven't been able to tell that story yet. >> you mean as a supply chain? >> no. customer base three years from now. >> oh, interesting >> and if they were to focus on long-term value of those new customers, particularly in india, younger customers, not unlike what i talk about when we talk about american express, what people realize is, for the first time -- and i will even go as far as to say that procter is doing the same thing for the first time, we're not as levered to china as we think, and i think wall street is way, way behind the demographic changes that we're seeing. where did tim -- you know, tim puts -- tim cook -- he puts factories where he wants customers. this man spent more time in jakarta than we've seen. now, you could say, wait a second, he capitulated on whatsapp i would say that he makes deals. he's always been pragmatic, but the pragmatic nature of indonesia, a country of more than 200 million people, growing like crazy, to me shows -- you know, vietnam,
got to start thinking about brazil, philippines, indonesia, turkey, and then we have to extrapolate india. but they haven't been able to tell that story yet. >> you mean as a supply chain? >> no. customer base three years from now. >> oh, interesting >> and if they were to focus on long-term value of those new customers, particularly in india, younger customers, not unlike what i talk about when we talk about american express, what people realize is, for the first time...
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Apr 22, 2024
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postponing the trip to india and his meeting with modi. lee matches some of those price cuts in china, jim. that was down premarket. >> has it occurred to anyone that maybe he has to advertise? >> he's -- you know what? a year ago, when we sat down for our interview, right after the annual meeting, he had said he would start to advertise, but they never really followed up. >> never did. >> he -- but he did say they would consider doing it. i remember, because it was sort of newsworthy, and i followed up with a couple of questions, but then, nothing. >> nothing. you would think that next sixers game, he would have cybertruck ads. good numbers in that one. >> would that have been the game? >> that would have been the game. >> yeah. >> meanwhile, the uaw gets a victory at this volkswagen plant in tennessee, moving on to mercedes in alabama. >> perfect. that's the whole reason why they went there. remember, if you talk about why did they move there, which was, of course, totally inconvenient versus michigan and, well, it was to avoid precisely
postponing the trip to india and his meeting with modi. lee matches some of those price cuts in china, jim. that was down premarket. >> has it occurred to anyone that maybe he has to advertise? >> he's -- you know what? a year ago, when we sat down for our interview, right after the annual meeting, he had said he would start to advertise, but they never really followed up. >> never did. >> he -- but he did say they would consider doing it. i remember, because it was sort...
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Apr 23, 2024
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>> i like wisdomtree india pmi is at 14-year highs, growing gdp at 7%, fast nest the world >> dow is up near 250. s&p 500, up almost 57 points we'll see what the last hour brings "the exchange" is now. >>> scott, thank you very much welcome to "the exchange," everybody. i'm tyler mathisen in for kelly evans. here's what's ahead. busy hour in stock for you stocks higher, yields lower, investors digest mixed economic data business activity in april grew at the slowest pace so far this year, while new orders fell for the first time in six months companies also scaled back jobs for the first time in almost four years but manufacturing input costs hit a one-year high. services demand remains strong what does this mean for the fed? our economist also make the case for a july interest rate cut >>> meanwhile, home sales the highest read since september, as builders pull back on prices, and offer incentives we old 'll talk to the ceo of h hughes holdings. >>> and tesla, the stock hitting a 52-week low yesterday. but one shareholder finding a few silver linings and a vote of confidence for elo
>> i like wisdomtree india pmi is at 14-year highs, growing gdp at 7%, fast nest the world >> dow is up near 250. s&p 500, up almost 57 points we'll see what the last hour brings "the exchange" is now. >>> scott, thank you very much welcome to "the exchange," everybody. i'm tyler mathisen in for kelly evans. here's what's ahead. busy hour in stock for you stocks higher, yields lower, investors digest mixed economic data business activity in april...
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Apr 22, 2024
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i'm thinking brazil, indonesia, india. if they present that and give an analysis about sticking the revenue stream is, for service, i think the stock could bottom somewhere slightly below here why. is apple okay if it disappoints while tesla is not? i think wall street ropresuming tesla will have a miss is if it has a loss. i'm talking about cathie wood or ron byron will call it an amazing buy opportunity most likely, they can draw a line in the sand and make it work, but not up here, because tesla is feeling mightily like a car company with the wrong product line, electric vehicles, when everyone who wants one seems to have one another. very low price-to-earnings multiples. apple does have a reverse and it's a buy, not sell. there is no pulling a rabbit out of a hat here. just an incrementally better product that gives institutions a reason to buy this high quality company with a stock that now sells at a lower multiple than we've gotten used. to it's a slim read, i know. but apple does make a lot of money. it just doesn'
i'm thinking brazil, indonesia, india. if they present that and give an analysis about sticking the revenue stream is, for service, i think the stock could bottom somewhere slightly below here why. is apple okay if it disappoints while tesla is not? i think wall street ropresuming tesla will have a miss is if it has a loss. i'm talking about cathie wood or ron byron will call it an amazing buy opportunity most likely, they can draw a line in the sand and make it work, but not up here, because...
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Apr 26, 2024
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at energy and particular oil is oil is global barrel of oil for the most part is the same in russia, india, brazil, louisiana, it doesn't matter it just varies on quality of the crude oil. macro uncertainty index. now, we're low if i were to do a median there, which i think that's what that dotted line is, we are below that >> right >> but we got a pretty messy situa situation in gaza. we've got iran poking around we've got domestic stuff going on if this goes higher, does this whack the market >> the raw figure of this has given us the signal already. from a simple buy and hold standpoint, you want to be out of the market when that signal gets above that median >> and we're close we're not there yet. we can throw it back up there, that dotted line, that macro uncertainty index, kind of a sharp spike. by the way, i'm surprised honestly it's not higher given everything that's going on i don't need to tell people what's going on. it's friday. i don't want to do bad news. >> i don't want to get too bearish either to be honest with you, being the commodity guy, i do think oil over time will be
at energy and particular oil is oil is global barrel of oil for the most part is the same in russia, india, brazil, louisiana, it doesn't matter it just varies on quality of the crude oil. macro uncertainty index. now, we're low if i were to do a median there, which i think that's what that dotted line is, we are below that >> right >> but we got a pretty messy situa situation in gaza. we've got iran poking around we've got domestic stuff going on if this goes higher, does this...
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Apr 23, 2024
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part of the narratives, then the stocks are going to go down, but i think the line, he didn't go to india, i think he is going to take this seriously, and i wouldn't want to be short going into this call because there is so much bad news in there, scott. >> even if he puts it in your words "seriously," how would you deal with, reconcile, continued price cut when the street things they are done losing market share in china? you mentioned, getting leaner. you know, the whole strategy shift, if you will, this robotaxi idea, if you will, which you don't want to hear anymore about, what you might, and i'm curious about if you do and a general ev slowdown. if so, maybe the goalposts had just moved in ways that you and other bullish shareholders didn't expect them to. >> sure, the ev showdown -- slowdown in the u.s. is important for the story, but really, it is china. i think that is the biggest risk in the name. as i told you before, i sold calls against it, which i like to do, which is a good thing to do for these types of names. but for me, with china, the model, first of all, is the number o
part of the narratives, then the stocks are going to go down, but i think the line, he didn't go to india, i think he is going to take this seriously, and i wouldn't want to be short going into this call because there is so much bad news in there, scott. >> even if he puts it in your words "seriously," how would you deal with, reconcile, continued price cut when the street things they are done losing market share in china? you mentioned, getting leaner. you know, the whole...
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Apr 24, 2024
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primarily but overseas the hotel operators remain aggressive in their expansion in countries like china, india, taiwan to them the asia growth story has not gone away and they're continuing to grow their footprint. >> makes sseen thank you. >>> financials in focus, monitoring bank of america and goldman sachs both holding their annual meetings this year. stay with us, we'll be right back your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >> [music] i enrolled in umgc because i became very passionate about emergency management. the professors were great because they've had several years' experience in the field. they've seen emergency management hands-on. i'm able to learn from their experience and really make a difference. i picked university of maryland global campus because you get so much more out of it than just a diploma. >> learn about our more than 125 online degrees and certificates at umgc.edu [ music ] >>> we
primarily but overseas the hotel operators remain aggressive in their expansion in countries like china, india, taiwan to them the asia growth story has not gone away and they're continuing to grow their footprint. >> makes sseen thank you. >>> financials in focus, monitoring bank of america and goldman sachs both holding their annual meetings this year. stay with us, we'll be right back your shipping manager left to “find themself.” leaving you lost. you need to hire. i need...
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diversification of supply chains, also huge implications for countries that are winning, like mexico, like india. so there is a longer term read through. thi i think in terms of shock for the market, it is commodities and oil. >> gabriela, thank you. >>> coming up, adena friedman on the state of the markets, companies investing in a.i., also quarterly results we're coming right back. trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights. trade brilliantly with schwab. this is our future, ma. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo my name is oluseyi get your business online in minutes and some of my favorit
diversification of supply chains, also huge implications for countries that are winning, like mexico, like india. so there is a longer term read through. thi i think in terms of shock for the market, it is commodities and oil. >> gabriela, thank you. >>> coming up, adena friedman on the state of the markets, companies investing in a.i., also quarterly results we're coming right back. trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the...