Charles we are trying to gas charity for future generations. Liz have a good weekend. March madness as we kick off the final hour of trade in the first day of a new month. We are not talking the s p and nasdaq at new record highs. Any gain at the close for either of the majors will seal the deal. The s p higher by 41 points, the nasdaq gaining 200, Dow Jones Industrials up 77. Where are we seeing madness . It is one of the biggest laggards as we pick up a final hour of trade. Major headlines swirling around boeing. Look at the intraday chart and cratering in the stock that happened at 10 509 am eastern time. Thats when a wall street journal report hit the tape that boeing is in talks to purchase spirit aerosystems, opposite chart here, shares immediately responded, spiking as high as, lets see, 200 . The high of the session, spirit aerosystems, significant gain, 33. 99. Spirits market, 3. 7 billion. It used to be part of boeing but was spun off in 2005. It is the company that is behind the door plug that they installed but it is really boeing that installed it. A little march madness churning up with sweet green shares. That the 23 year, touching a 14 month high coming up with solid quarterly reports. The claman countdown, two stocks having a great session. Lets hear what will drive them higher from those company leaders. We need to get you breaking news, shortly after the open, shares came down so dramatically they had to be halted to, 3. 61, record low founded in 1859. Shares had been under pressure, serious pressure when it posted a surprise fourthquarter loss. News came out, the lender found material weaknesses in internal controls related to its loan review. That finding forced the bank to revise its quarterly last we 10 times higher worse than it stated. The ceo has been removed but fallout swapping much of the Regional Bank sector. If you look at these names they are all in the red. Lets count on this developing story, any contagion on the markets, we saw that the year ago. Where bushs banking analyst, underperform new York Community bank and 3. 50, lets inform our viewers, we did send the claman Countdown Team to one of the branches. In the past two days rebranded as flag star. If you own flag star, name change is a good thing, the stock lower than the 12 month price target on the disaster scale aware are you putting this one. It was a perfect storm at the end of january. In the balance sheet, it was hit pretty hard and comes down to credit quality for Community Bank, they are multifamily exposure new york, the highest of coverage but thats where the stress lies here. The news related to the internal controls, that was a big surprise out there. The other announcement that came out this morning, they hired a new chief risk are purser of the prior what left earlier in the year in january. The Key Development that this could lead to is will the bank need to set aside additional reserves to cover potential losses and regulate multifamily portfolio, we have to see what the chief risk officer ends up doing. Its a bad situation. Liz this is a 2. 6 billion Market Company now. It used to be a lot bigger. They have to take a 2. 4 billion charge. Can it survive . I do think that it can survive. Best case, it does survive. The key thing that is outstanding is wondering how much of their deposits have stuck around versus leaving. When you see a bank stock come under a lot of stress, you might want to take money elsewhere. And it is completely fine but above that level. It is appropriate, the base case, the company does survive. The underperforming rating, the risk is higher than any other banking coverage so if there were to be a bank that face struggles are going to receivership. Liz it has exposure to commercial real estate, one of the real problem spots but this is where it comes to fruition because many Regional Banks have commercial real estate loan losses on their books. It really surprised investors in january, losses worse than we thought. Our exposure for commercial real estate coverings, and any flashing red signals. Under certain names . Absolutely looking at other banks but this risk of exposure for Community Bank does seem to be idiosyncratic from the standpoint of regulating multifamily buildings facing significant stress, then that. The multifamily brokers, to buy and sell these buildings along with clients, evaluations are down 50 . We are talking just as bad. Most of our coverage does not have anywhere close to this level on multifamily homes. 22 new York Community bank has is 5 . . A big step down. Not to say it wont be an issue, thats one of the key concerns, we are cautious on the banking industry, to set aside reserves over the last several quarters. Liz lets hope you are correct that new York Community bank can survive. A little more worried than the market appears to be. We dont see it spooked in the latest earthquake in the Regional Bank, incredibly strong at this hour hoisting the s p and the nasdaq. Cloud and Data ManagementSoftware Company is at the north pole of the s p leaderboard, gaining 20 . Weve got the ceo coming up. Its followed by chipmaker and chip equipment manufacturers broad, western digital, micron, kayla, everybody is up, 4 to 7 . And over the past, year to date. And it has spiked 28 . And one of the dow components, heavily weighted here in the nasdaq, struggling the past several days. Theres news, Goldman Sachs taking off a conviction list and the market is looking strong overall. Its not supporting the market to get on it. Apple doesnt have a clear strategy, they are the provider, they dont have a strategy that is helping to be part of this. Liz do you like any of the names in the magnificent seven. As we watch them hold onto extreme leadership positions does that make the market too narrow and how should investors absorb that concept and act on it . Participate and protect. These companies, they are good companies. The microsoft balance sheet, on cash, they make the revenue but so many more opportunities in the end, they are price to perfection, the better upside, most of them, apple being the outlier, china demand is weak. They are in outlier. The rest are too expensive. I dont suggest you sell them all but take 10 or 20 profit and pivot to where you can be better your portfolio starting with the bond market. Liz breaking news on red on reddit, its the ipo market. Reddit is social media. Its a giant. May not be profitable, the third most visited social media site, the wall street journal plans to target a price range when it goes public, 34 a share. Thats the kind of name that will reinvigorate the ipo market, add a little lightning to the bottle which is short of it. Interest rates are too high. Fed speak suggested raising higher and longer, rates are high, because of lending, very difficult marketplace to be. Interesting name, headlining, thats not the catalyst we need. When we get the ipo market high is get rates to come down. May be a modest cut, look at that. Very stagnant for a while to the end of the year. Liz a 6. 4 billion valuation is the range of 31 34 a share would be according to the wall street journal on reddit. Thanks for getting in here, great to see you. Robots creating sweet financial dreams, what you are seeing on screen, those robots. The ceo of sweet green is next on how the new robata sized kitchens have become the secret ingredient issue for our quarterly report. This is a fox business exclusive. Youve got to stay tuned for. The ceo of kavanaugh trumpeted a probable quarter. We have, after big gain yesterday pulling back a little bit, 2 thirds of one . To put the gain 20 year to date another fraction. That one is up 1 4 of one , a great year, 45 . Potbelly, 39 , red robin struggles. It is up one. 8 right now. Stay tuned, we are back in a minute. Voya there are some things that work better together. Like your Workplace Benefits and retirement savings. Voya helps you choose the right amounts without over or under investing across all your benefits and savings options. So you can feel confident in your financial choices. They really know how to put two and two together. Voya, well planned, well invested, well protected. You always got your mind on the green. Not you. You your Business Bank account with quickbooks money now earns 5 apy. Thats how you business differently. Intuit quickbooks. The day you get your clearchoice dental implants makes every day. A lets dig in day. Mm. A chow down day. A take a big bite day. A perfectly delicious day. Mm. [ chuckles ]. A love my new teeth day. Because your clearchoice day is the day everything is back on the menu. A clearchoice day changes every day. Schedule a free consultation. Me and my friends its feeling right, were loving life when were together me and my friends we feel the height of lustful life when were together life is better with the credit gods are on your side. Rewards once available to the few are now accessible to the many. Credit one bank. Get cash back rewards, and live large. Liz theres gold in them far kale fields. Get it . Quick service, sweet green is seeing sweet gains at this hour. Shares are up 28 and on pace for a record percentage increase. Sweet grain posted a betterthanexpected 27 jump in revenue in the Fourth Quarter and a narrower than expected loss. As it inches toward profitability, very promising results from its robotics investment. They call them the infinite kitchens restaurant. They are seeing better order accuracy, lower turnover, 10 higher average ticket order and betterthanexpected margins. Joining me now, sweet green cofounder and ceo jonathan neiman. The stock is close to a year and a half but we are fascinated with this lightning fast return you are seeing from infinite robotic kitchens. Give us detail on those and how many more you plan to ramp up. How much do they cost . Great to see you. I thank the team for a great year and awesome quarter. The infinite kitchens, i really believed there was a way to Leverage Technology to create a better experience for our guests and team members had better economics for shareholders and we the first one last may, the second one in Huntington Beach a few months ago and promising results. They can produce outlets at a faster pace. You are seeing some of how it works. It is a perfectly consistent meal, the hot food is hot, the cold is cold. You can produce 500 roles per hour. Team members as you mentioned, really appreciate working there. It is a better place to work, we see lower turnover and excited to continue to build on the success of the first two. We plan to test a few retrofits taking highvolume locations and retrofitting this technology. With this mission of how do we connect more people to real food. Liz what are we looking at and who is behind the technology, who are you partnering with to make it happen . As we mentioned on the Earnings Call the Technology Costs 450 550,000 a unit. Seeing their return with a 7 margin in those units. Return on capital will only get better. The cost of the machines come down, believe theres a lot secondorder benefits of the experience and in terms of the team proud to work with the best engineers in the world, they developed the technology, acquired a couple years ago. An amazing job in developing this technology that works seamlessly and is working towards scale. Liz what does the breakdown of the workforce look like. Humans are the most important ingredient in what we do. The team members do more of what they love. And making all the food from scratch in the restaurant, chopping it, rose to get them everything made in the restaurant every day and the hospitality and in that experience, they can focus on service component, hospitality component, something of core value is the sweet touch, take away the tasks to focus more on that. There would be fewer employees, employees that are there are able to focus on other parts of the business and most importantly focus on developing future keim members and future head coaches. One thing we believe in his team members from within. 75 of future managers to be developed and this would help us continue to develop. Liz i want to talk about the food. Some real protein offerings that have been embraced. You have the salmon, roasted chicken. Tell me how much power you foresee coming from the more expensive balls that involve protein. A place for nutritious credible food and protein plates that go into that and a bowl, in roasted vegetables and so many occasions. We have seen great success. People loving that, it will be a big driver for us over time. We are testing stake in a few markets, and pushing into a heartier option, trying to drive that and expand our customer base. Liz they are happy to taste tests anything. Thank you. Great to see you. Liz the stock is having a terrific session, up 29 . The worlds richest man taking on the most iconic Artificial Intelligence leader for straying from its original objective. Elon musk is suing open ai and its ceo, sam altman. The poster mile for the chipmaker praise continuing its print higher. The 1year increase, 252. 9 . We are coming back. Dow jones industrials, s p, and nasdaq at records. Everywhere but the seat. The seat is leather. Alan, we get it. You love your bike. We do, too. Thats why were americas numberone motorcycle insurer. But do you have to wedge it into everything . What . I dont do that. This reminds me of my bike. The wolf was about the size of my new motorcycle. Have you seen it, by the way . Happy birthday, grandma really . Look how the brushstrokes follow the line of the gas tank. Hey hey brought my plusone. Jamie . After last months massive solar flare added a 25th hour to the day, businesses are wondering what should we do with it . Bacon and eggs 25 7. Youre darn right. Solar stocks are up 20 with the additional hour in the day. [ clocks ticking ] im ruined. With the extra hour im thinking companywide power nap. Lets put it to a vote. [ all snoring ] this is going to wreak havoc on overtime approvals. Anything can change the world of work. From hr to payroll, adp designs forwardthinking solutions to take on the next anything. Singlecare is amazing. Even though i have insurance, it cant beat the pricing i get on my medication through singlecare. Before i submit any prescriptions, i always check singlecare first just go to singlecare. Com, search for your prescription and show the coupon to your pharmacist. Millions of people on medicare, just like me, use singlecare every month, and you can too visit singlecare. Com and start saving today. Let newage products transform your garage into an area of your home you can be proud of. Modular steel cabinets let you pick and choose the Storage Solutions to keep your garage organized, with overhead racks and shelving, slat wall, workstations and flooring that let you create a showroom garage to call your own. Designed for diy installation. All you need is one weekend to take your garage from unusable to unbelievable. Visit us at newageproducts. Com. vo what does it mean to be rich . Maybe rich is less about reaching a magic number. And more about discovering magic. Rich is being able to keep your loved ones close. And also send them away. Rich is living life your way. And having someone who can help you get there. The key to being rich is knowing what counts. Liz look at tesla shares. Theyve been down in the red. They popped into the green by 3 quarters of 1 . Price cuts for cars sold in china, this could be interpreted as an indication that competition with china, continues to heat up. Tesla ceo elon musk taking on another text titan back here in the us. Open ai, the Company Behind the hugely successful ai platform chat gpt, musk is suing sam altman alleging the company that originated as a nonprofit has abandoned its mission of developing Artificial Intelligence for the benefit of humanity. To give some background, musk was one of the originals in 2018. And accusing altman of pursuing profits. Kelly ogrady calling through the lawsuit. What have you dug up the tilt this in one way or another . Folks that im speaking to say this doesnt give musk a lot of ground to stand on or to go through that. It brings to a head the concerns musk has previously shared about Ai Development but you said it. In 2015, he was a Founding Member of open ai. Looking at the lawsuit, his legal team is suing on the grounds that sam altman abandoned that Nonprofit Mission and they are him, close to 34 million of his own money to fund altmans efforts to develop ai for good. Lets go to 2,019. Open ai created a separate for profit arm funded by microsoft. Thats which is a key driver in the suit. Open ai has been transformed into a close source they facto subsidiary of the largest tech company in the world, microsoft. It is refining an agi to maximize profits for microsoft rather than for the benefit of humanity. The public firing of altman was an accusation. A nonprofit board, restored altman as ceo. Musk is looking to recoup his money but he was cochair of a nonprofit foundation. This wasnt a traditional investment with equity and donated through 2,020, thats well after opening i began the activities musk claims to be against. The breach of contract is going get to be hard to prove given he continue those donations and open ai could spend its for profit arm. No two ways of looking at this. Elon musk is concerned about the direction open ais taking but he has skin in the game for his own venture. Any trouble for open ai helps them. Liz exactly. Thank you very much. Kelly ogrady. Fox business alert. Multiple headlines all day long regarding eva maker fiscal or that have been pounding stock to a record low of 0. 38. Of 0. 38. Heres another breaking in the last half hour. This one is a lifeline. Sources are telling reuters nissan is in advanced talks after the ceo warned last night it probably wont be able to start what he calls external expenditures, meaning spending any money unless it secures a manufacturing partner. The evmaker is coming off of its record low of 0. 38, right now at 0. 55 but still down 24 . Nissan could close the deal this month but nothing has been finalized. Terms