BNN - Wednesday, May 22, 2024 - 03:00 p.m. (ET) - Segment #4

of taking a stance, you know, was the mistake here, not really being prepared, are having a backbone as it were. >> Because there was some backlash from to your point about the consumer out there. >> I think every company is facing these decisions now, I think companies get into. They get into more trouble in a way when they go in alone and you know, and sometimes on on issues that we want to call controversial. Again, I think this one doesn't really fit quite the same as others. Sometimes it's just best to go out with the community, with your peers, with other retailers and they do this. Some of this happens already, but have joint efforts, if they need to be talking to the government about some policies, which is what also comes up in these issues. Right? Companies have chimed in on policies, laws that have been passed in the state on say bathroom bills or rights companies get involved, not just with the merchandise choices through their policies. It's a lot easier to have collective courage, you know, it's it's easy for someone like me on the outside to say hey, be more courageous and that's that's in a way not that helpful, but I think to think strategically about it, if you bring together organizations, there is a collective courage and that so you're not out on your own. So you're saying look, as a community, this is what we believe and when that's been done, it generally works a lot better. When you see 100 companies signed something to say, governor or to the press and even to say this is what we believe these are values and we we're going to stand behind andrew, thanks so much for your insights. It's a fascinating area. Appreciate your time. That centre winston joining a sustainability strategy is. >> At winston eco strategies. Well, we are just a couple minutes away from the end of the trading day. But the beginning of a rock and the after hours session. We've got nvidia under pressure ahead of its blockbuster cent. >> Earnings that are due after the end of the trading day. And snowflake, it's right there along for the ride coming out also and the ai darling, we'll get perspective on how this could possibly move the markets when we come back. It's spring time in paris and the kings and queens of clay have come out to play Tennis played on another planet That is a piece of art right there Ooo lala! Roland garros on tsn and tsn+ (Funky hip hop music) ( )( ) ( ) ( ) ( ) -Last quarter Capital Direct investors saw a return of over eight percent. -Find out why so many people have been trusting Capital Direct for over sixteen years. -Speak to your financial advisor today and ask for a copy of our offering memorandum. CapitalDirect.ca We know you care. But if this is all too real for you and your loved ones. Make the call. Because we care too. Home Instead. To us, it's personal. We all strive for peace of mind, whether in life or our investments. But that's not easy with today's market complexity. For over two decades, Goodreid has helped Canadians from coast to coast to achieve their financial goals, through both good times and bad. Working with our portfolio managers, you can navigate tomorrow's financial uncertainty with confidence. It's time. Take control of your wealth. I'm Gordon Reid. Invest with confidence, invest with peace of mind. To learn more,visit Goodreid.com. Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, Gold, I got to gold. Harvest Equal Weight Global Utilities Enhanced Income etf. The world's top utility companies in one etf, global Utilities and steady monthly income. Harvest ETFs, income happens here. (Funky hip hop music) >> Cher is a very adept one of the world's biggest makers of the aircraft landing year is on course for a record high closing after posting q4 results. That one analyst

calls outstanding. Andrew bell is here with that story. Yeah, huge share maker of landing gear, the 3rd biggest in the world they make all kinds of hydraulic equipment >> For aircraft, they also make electromechanical actuators and custom bolts screws on other things like that. Investors loving these nations results from the company. Sales were up 18% and the latest quarter and adjust to that. The same amount and profit well ahead of expectations, adjusted earnings per share, $0.49 above a consensus of only investors pleased with these numbers, apparently in contrast to cae inc, where defence has been driving the losses are these write-downs in the latest quarter, partly because contracts. Defence is growth out death check that makes things for it's not called the joint strike fighter. The f 35 used to call detroit strike fighter and they make they also make the 7, 7, 7 dreamliner. So they've got a pretty good footprint of the aviation market. You always significant to talk about a stock making all-time especially when they're, you know, cresting over the pandemic period. Yeah, that's I think we sold the 5 year chart like so many other companies out of the pandemic was rough on as a the they have supply chain problems and also, of course, of our worries about when and if aviation would comebacks of the stock struggle through 2022, but has been rallying sharply sense. Its interesting as well about a jeff czech, you could argue that this is the kind of company of which canada needs more are companies like this about 94% of its sales are outside this country, including almost 60% in the united states. But it's a high tech high value added manufacturing. This country has lost so many of those. Absolutely. Thank you very much. Thanks, andy bell on area dev tech. >> We've got bloomberg's vince cignarella on deck as well as we've got just a couple minutes to the end of the trading day and that's when the real fireworks start at we've got nvidia earnings on deck. We've as well. You know, into that we've got pretty subdued markets. >> Well, you know, I there was a little bit of a cold water in the face of traders everyone, so focus on nvidia, the fomc minutes from the meeting that ended on may first kind of was so under the radar, 2 comments that came out of that where many of the participants were uncertain as to the actual degree of restrictive policy basically meeting, maybe they're more restrictive various participants they be willing to tighten more if needed. And totally upended markets sort of brought us back earth a little bit you know, even though we have this in judea earnings number to about 25 30 minutes. And I would say over my career, which is over 40 years, I've never seen one absolutely capture the way this one but it may, we may see this not have green that everyone was you know, obviously depends on future earnings hole. A little bit fundamentals coming to the markets today, where I think once we get past nvidia, we will be back into those fundamentals. And at the end of the month, when we get second reading gdp for the united states. Plus pc, which the inflation report and then we get personal income, personal spending. I think we had a really good picture of of april once again and was one tend to drop and the start of a new trend or was it just aberration? >> I mean, I hate to burst my own bubble because I've really been selling nvidia earnings us like thing to happen says last time they were reported. But I mean, it hasn't make or break free there video or the markets, their business is going gangbusters. Whatever the reaction is that day. I don't think ultimately matt is more. Where does it settle out in a week? In 2 weeks? >> Yeah, I think you make a really good point. I think no one, course, is always someone but the majority of are worried about what they did in the 1st quarter. It's about what they will do going forward and you know, amazon gave us a little ant with a paring back some of their purchases waiting for better chip to come if becomes a trend in sales slow you know, just that of echo across the ai you know, and there's a great deal of investment in ai and not a lot of returns so far. So that needs to change as well and that he obviously being the outlier. But the majority of ai investment has

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