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☆ Bad news is good news for the market again, says Alger's Ankur Crawford
  + stars: | 2024-05-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBad news is good news for the market again, says Alger's Ankur CrawfordAnkur Crawford, Alger, joins 'Closing Bell' to discuss Google's stock as the company launches new AI tech at its I/O event.
Persons: Alger's Ankur Crawford Ankur Crawford, Alger
☆ Valuation gap between small and large caps is still very large, says Amy Zhang
  + stars: | 2024-05-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValuation gap between small and large caps is still very large, says Amy ZhangAmy Zhang, Executive Vice President and Portfolio Manager at Alger, makes the bull case for small-caps.
Persons: Amy Zhang Amy Zhang
☆ Big tech earnings will be bifurcated, says Alger's Ankur Crawford
  + stars: | 2024-04-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig tech earnings will be bifurcated, says Alger's Ankur CrawfordAnkur Crawford, executive vice president and portfolio manager at Alger, joins CNBC's 'Closing Bell' to discuss big tech earnings, Fed rate cuts, and more.
Persons: Alger's Ankur Crawford Ankur Crawford Organizations: Alger
☆ AI will drive growth in multiple sectors in Q2, says Alger CEO Dan Chung
  + stars: | 2024-04-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI will drive growth in multiple sectors in Q2, says Alger CEO Dan ChungDan Chung, CEO of Alger, joins CNBC's 'Closing Bell' to discuss his playbook for Q2, expectations for a bull run, and sectors to keep an eye on.
Persons: Dan Chung Dan Chung, Alger
☆ Apple, Google and Tesla are now becoming un-magnificent, says says Alger's Crawford
  + stars: | 2024-02-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple, Google and Tesla are now becoming un-magnificent, says says Alger's CrawfordAnkur Crawford, Alger EVP and portfolio manager, joins 'Closing Bell' to discuss the bifurcation in the mega cap stocks, Crawford's thoughts on Apple, and why Apple's stock isn't given the benefit of the doubt with AI.
Persons: Alger's Crawford Ankur Crawford Organizations: Apple, Google Locations: Alger
☆ Still very early on in the AI megacycle, says Alger's Crawford
  + stars: | 2024-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStill very early on in the AI megacycle, says Alger's CrawfordAnkur Crawford, portfolio manager at Alger, joins 'Squawk on the Street' to discuss where we are in the AI megacycle regarding stock performance, at what point Nvidia's earnings results normalize, and more.
Persons: Alger's Crawford Ankur Crawford Organizations: Alger
☆ Watch CNBC’s full interview with Alger's Ankur Crawford and JPMorgan's Meera Pandit
  + stars: | 2024-01-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Alger's Ankur Crawford and JPMorgan's Meera PanditAnkur Crawford, Alger EVP and Meera Pandit, JPMorgan Asset Management, join 'Closing Bell' to discuss markets, Microsoft ahead of its earnings and their tech playbooks.
Persons: Alger's Ankur Crawford, JPMorgan's Meera Pandit Ankur Crawford, Meera Pandit Organizations: JPMorgan Asset Management, Microsoft Locations: Alger
☆ Ex-IBM CEO: Here's the No. 1 thing my mom did to raise four highly successful executives
  + stars: | 2023-11-18 | by ( Ashton Jackson | ) www.cnbc.com   time to read: +1 min
If you asked Ginni Rometty's mom how she managed to raise four high-powered executives, she'd be as stunned as you are. "My mom [is] always like, 'How did this happen?,'" Rometty, the former CEO of IBM, said on Wednesday at the World Business Forum summit. Rometty's youngest sister, Darlene Nicosia, is the CEO of food manufacturing company Hearthside Food Solutions. One particular lesson from their mom helped them all grow into successful adults, Rometty said: "Never let someone else define who you are." Her mom — who didn't have a job at the time, Rometty told the Horatio Alger Association in 2016 — managed to land a job at a local hospital.
Persons: Ginni, she'd, she'll, Darlene Nicosia, Anette Rippert, Joe Nicosia, Louis Dreyfus, Rometty, — Organizations: IBM, World, Food Solutions, Accenture, Louis Dreyfus Company, Horatio Alger Association
☆ Picasso painting sells for $139 million, most valuable art auctioned this year
  + stars: | 2023-11-09 | by ( Ben Kellerman | ) www.reuters.com   time to read: +2 min
Pablo Picasso's 1932 painting "Femme a la Montre" is displayed at an auction at Sotheby's, in New York City, U.S., November 8, 2023. REUTERS/Ben Kellerman Acquire Licensing RightsNEW YORK, Nov 8 (Reuters) - Pablo Picasso’s 1932 painting “Femme à la montre” sold for more than $139 million on Wednesday at a Sotheby’s New York auction, making it the most valuable work of art sold globally at an auction this year. “Femme à la montre,” which translates from French to “Woman with a Watch,” is a portrait of the artist’s lover Marie-Thérèse Walter seated in a throne-like chair against a blue background. Walter became his subject for a number of artworks, including the 1932 painting "Femme nue couchée," which sold for $67.5 million at auction in 2022. Picasso painted “Femme à la montre” at a pivotal year in his career.
Persons: Pablo Picasso's, Ben Kellerman, Pablo Picasso’s, ”, Emily Fisher Landau, “, Marie, Thérèse Walter, Picasso, Olga Khokhlova, Walter, Khokhlova, Fisher Landau, Rod Nickel Organizations: REUTERS, Tate, York’s Pace, Thomson Locations: Sotheby's, New York City, U.S, New York, York, Christie’s, Ukrainian, Paris, Manhattan
☆ This is the No. 1 tool for students to get ahead financially, says money coach: It's 'as simple as it sounds'
  + stars: | 2023-11-08 | by ( Ryan Ermey | ) www.cnbc.com   time to read: +1 min
Nia Grant graduated from Clemson University in 2022 with about $30,000 — in her bank account, not in loans. Grant's road to post-grad prosperity started in high school, where she estimates she applied for between 60 and 70 scholarships. She won about a dozen, including awards from the Horatio Alger Foundation, UNCF and the Bill and Melinda Gates Foundation. With the cost of her education covered, Grant didn't feel she had to wait until graduation to start building her financial future. Resources vary from school to school, but one is available virtually everywhere and tends to be the most overlooked by students looking to get ahead, she says.
Persons: Nia Grant, Horatio Alger, Melinda Gates, Grant didn't, Grant, edu Organizations: Clemson University, Horatio Alger Foundation, UNCF, Melinda Gates Foundation, National Renewable Energy Laboratory, Procter & Gamble, JPMorgan, Dow, Cash, CNBC
☆ AI adoption looks like 'structural imperative' for all companies, says Alger's Ankur Crawford
  + stars: | 2023-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI adoption looks like 'structural imperative' for all companies, says Alger's Ankur CrawfordAnkur Crawford, executive vice president at Alger, joins 'Closing Bell' to discuss what investors should listen for during this week's mega cap earnings, the need for clarity about Google's AI product cycle, and differences between software and hardware tech companies.
Persons: Alger's Ankur Crawford Ankur Crawford
☆ Alger CEO Dan Chung: We may be at the start of a new bull market
  + stars: | 2023-10-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlger CEO Dan Chung: We may be at the start of a new bull marketAlger CEO Dan Chung joins 'Squawk on the Street' to discuss how Chung reads the current market environment, how Chung can make his thesis if bonds have yet to see their highs, and more.
Persons: Dan Chung, Chung
☆ Stock futures are little changed ahead of Fed policy meeting: Live updates
  + stars: | 2023-09-18 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
Traders work on the floor of the New York Stock Exchange (NYSE), July 26, 2023. Stock futures were flat in overnight trading Monday as Wall Street readied for the start of the Federal Reserve's two-day September policy meeting. Futures tied to the Dow Jones Industrial Average added 16 points, or 0.04%, while S&P 500 futures and Nasdaq 100 futures inched up 0.06% and 0.08%, respectively. "China, that was supposed to work and supposed to come out of Covid … the U.S. consumer is showing signs of a little bit more pressure. The Fed is not expected to raise rates this month, with traders pricing in a 99% probability that the central bank skips a hike, according to CME Group's FedWatch tool, a gauge of pricing in fed funds futures.
Persons: we've, Ankur Crawford, Alger, Covid, that's Organizations: New York Stock Exchange, Stock, Federal, Dow Jones, Nasdaq, Dow Locations: China
☆ Watch CNBC’s full interview with Ankur Crawford and Keith Lerner
  + stars: | 2023-09-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Ankur Crawford and Keith LernerAnkur Crawford, Alger, and Truist's Keith Lerner, join 'Closing Bell' to discuss their big cap tech outlook, growth elusiveness and investing in a choppy market.
Persons: Ankur Crawford, Keith Lerner Ankur Crawford, Alger, Truist's Keith Lerner
☆ Picasso masterpiece depicting his young mistress sells for $139 million at Sotheby’s auction
  + stars: | 2023-09-13 | by ( Lianne Kolirin | ) edition.cnn.com   time to read: +4 min
CNN —A Picasso masterpiece entitled “Femme à la montre” fetched more than $139 million on Wednesday, becoming the second most valuable work by the artist ever sold at auction. The 1932 oil painting took center-stage at a two-day event at Sotheby’s in New York, at the sale of late philanthropist Emily Fisher Landau’s private collection. She is pictured here in front of Fernand Léger's "Étude pour Les Constructeurs" in her home in Manhattan in 2002. In a statement announcing the sale in September, Julian Dawes, Sotheby’s head of Impressionist & Modern Art for the Americas, said: “Picasso’s ‘Femme à la Montre’ is a masterpiece by every measure. Andy Warhol's 1986 self portrait will also be auctioned as part of Fisher Landau's collection.
Persons: CNN —, ”, Emily Fisher, Emily Fisher Landau, Fernand Léger's, ” Marie, Thérèse Walter, Picasso, London’s, Julian Dawes, Sotheby’s, ” Picasso, Walter, Olga Khokhlova, Galerie Georges Petit, Fisher Landau, Andy Warhol's, Fisher, Mark Rothko, Andy Warhol, Willem de Kooning, Jasper Johns, Ed, fenêtre, Thérèse, Picasso’s Organizations: CNN, London’s Tate, Art, Galerie, Lloyds Locations: New York, Manhattan, Paris, Americas, Russian, Ukrainian, Georgia, London, Marie
☆ Picasso portrait of mistress Marie-Thérèse Walter could sell for over $120 million at auction
  + stars: | 2023-09-13 | by ( Lianne Kolirin | ) edition.cnn.com   time to read: +4 min
CNN —A Picasso masterpiece entitled “Femme à la montre” is expected to fetch more than $120 million when it goes up for auction this fall. Sotheby'sThe piece, which measures 51¼ x 38 inches (130 x 96.5 centimeters), depicts Picasso’s lover and “golden muse” Marie-Thérèse Walter, who featured in many of his portraits. In a statement announcing the sale, Julian Dawes, Sotheby’s head of Impressionist & Modern Art for the Americas, said: “Picasso’s ‘Femme à la Montre’ is a masterpiece by every measure. The artist painted “Femme à la montre” in August 1932, soon after the retrospective at the Galerie Georges Petit in Paris ended. Andy Warhol's 1986 self portrait will also be auctioned as part of Fisher Landau's collection.
Persons: Emily Fisher Landau, Fernand Léger's, ” Marie, Thérèse Walter, Picasso, London’s, Julian Dawes, Sotheby’s, ” Picasso, Walter, Olga Khokhlova, ”, Galerie Georges Petit, Fisher Landau, Andy Warhol's, Fisher, Mark Rothko, Andy Warhol, Willem de Kooning, Fisher Landau’s, fenêtre, Thérèse, Picasso’s Organizations: CNN, London’s Tate, Art, Galerie, Lloyds Locations: New York, Manhattan, Paris, Americas, Russian, Ukrainian, Georgia, London, Marie
☆ Former Dortmund Forward Modeste joins African Champions Al-Ahly
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +1 min
CAIRO, Sept 12 (Reuters) - Former Borussia Dortmund forward Anthony Modeste joined Egyptian and African Champions Al-Ahly, just one year after he signed for the German club with high expectations to replace Erling Haaland. Frenchman Modeste joined Dortmund to fill in for Sebastien Haller who was diagnosed with a malignant testicular tumour. Haller had only just joined the club to replace current Manchester city goal-machine Haaland. The Al-Ahly contract with Modeste will be for one year and may be extended for one more "according to the terms that were agreed", said the club on its website late on Monday. Modeste may debut as early as next Friday, when Al-Ahly will face Algerian USM Alger in African Super Cup in Saudi Arabia.
Persons: Anthony Modeste, Erling Haaland, Frenchman Modeste, Sebastien Haller, Haller, Modeste, Osama Khairy, Michael Perry Organizations: Borussia Dortmund, Al, Bundesliga, Dortmund, Bayern Munich, Ahly, Modeste, Alger, Cup, Egyptian League, Thomson Locations: CAIRO, Ahly, Dortmund, Manchester, Al, Saudi Arabia
☆ Fact Check-Video shows military vehicles in Algeria, not Niger
  + stars: | 2023-08-18 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +1 min
A video of a military parade in Algeria is being falsely claimed online to show the Algerian army arriving in Niger. Reuters verified the exact location of the video using satellite imagery to be in Algeria, not Niger. The column of military vehicles in the clip is travelling on the eastbound carriageway of Rocade Nord d’Alger, opposite a service point for logistics giant DHL. The military vehicles in the video also have posters with "60" stuck on them. The video shows military vehicles in Algeria, not Niger.
Persons: ”, Algeria’s, Abdelmadjid Tebboune, Read Organizations: Economic, West, Reuters, Rocade Nord d’Alger, DHL, Google, Vehicles, Algerian Locations: Algeria, Algerian, Niger, States, Rocade Nord
☆ Why the Left Hates Horatio Alger
  + stars: | 2023-08-12 | by ( Ira Stoll | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/progressive-horatio-alger-pro-publica-justice-thomas-welfare-american-dream-equitable-systemic-racism-3d82b0ab
Persons: Dow Jones, alger Organizations: publica
☆ Justice Clarence Thomas enjoyed more vacations, private flights and perks thanks to wealthy friends, new ProPublica report details
  + stars: | 2023-08-10 | by ( Tierney Sneed | ) edition.cnn.com   time to read: +8 min
These costly trips and travel perks often went unreported on the justice’s financial disclosure forms, ProPublica said in its investigation. Lynne Sladky/APProPublica interviewed more than 100 people, including staff that would have worked some of the trips that Thomas took. Thomas did not respond to ProPublica’s detailed list of questions for its report, nor did Novelly. None of the Thomas benefactors highlighted in the new report appear to have had direct business in front of the Supreme Court, ProPublica said. Thomas intends to amend his financial disclosure forms, a source close to the justice previously told CNN, to at least reflect Crow’s 2014 purchase of Thomas’ mother’s home.
Persons: Clarence Thomas, Thomas, ProPublica, Harlan Crow, Thomas ’, Crow, “, ” Thomas, David Sokol, Berkshire Hathaway, Wayne Huizenga, Paul “ Tony ” Novelly, Lynne Sladky, Huizenga, Daniel Acker, Getty Images Sokol, ” Sokol, Republican megadonors, he’s, Paul Anthony, Tony, Novelly, Horatio, Jeremy Fogel, ”, Fogel, Horatio Alger, John Roberts, Roberts, Samuel Alito, Thomas ’ mother’s, Anthony Welters, Obama Organizations: CNN, GOP, Blockbuster, Waste Management Inc, NFL, Miami Dolphins, New York Jets, US Marshals Service, Berkshire Hathaway Inc, Bloomberg, Getty Images, Republican, Horatio Alger, Distinguished, Horatio, Horatio Alger Association, New York Times, The New York Times, Democratic, Times Locations: Florida, Berkshire, Miami, Omaha , Nebraska
☆ Alger's Ankur Crawford is getting a read on tech from earnings outlooks
  + stars: | 2023-07-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlger's Ankur Crawford is getting a read on tech from earnings outlooksAnkur Crawford, Alger, joins 'Closing Bell' to discuss the bull rally, bank and tech earnings and the broader market.
Persons: Ankur Crawford, Alger
☆ Stock futures are little changed after Dow posts a seventh straight day of gains: Live updates
  + stars: | 2023-07-18 | by ( Sarah Min | ) www.cnbc.com   time to read: +2 min
U.S. stock futures were little changed Tuesday night after the Dow Jones Industrial Average notched its longest winning streak since 2021. Dow Jones Industrial Average futures wavered near the flat line. The Dow Jones Industrial Average notched a seventh straight positive session on Tuesday for its longest string of gains since March 2021. Housing starts are expected to have dropped by 9.3%, according to economists polled by Dow Jones. Meanwhile, June building permits are anticipated to have declined 0.7%, according to Dow Jones consensus estimates.
Persons: Carvana, Alger's Ankur Crawford, we've troughed, Crawford, Goldman Sachs, Dow Jones, Dow Organizations: Dow Jones, Dow Jones Industrial, Nasdaq, Dow, Netflix, Tesla, IBM, United Airlines, Housing
☆ Watch CNBC’s full interview with Ankur Crawford and Nicole Webb
  + stars: | 2023-07-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Ankur Crawford and Nicole WebbAlger's Ankur Crawford and Wealth Enhancement Group's Nicole Webb, join 'Closing Bell' to discuss the bull rally, bank and tech earnings and the broader market.
Persons: Ankur Crawford, Nicole Webb Alger's Ankur Crawford, Nicole Webb
☆ Justice Clarence Thomas has a long history of accepting expensive gifts, including a long-time friend paying for his 1987 wedding reception: report
  + stars: | 2023-07-10 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +4 min
Justice Clarence Thomas' acceptance of lavish gifts stretches back decades, per a new NYT report. These include his 1987 wedding reception, paid for by a friend before he joined the Supreme Court, it said. In its latest report, the Times detailed lavish gifts, some of which pre-date Thomas' time on the Supreme Court. "And, in return, he opened up the Supreme Court." Thomas is far from the only Supreme Court Justice to have received expensive gifts in the course of their tenure.
Persons: Clarence Thomas, Thomas, Harlan Crow, Crow, Armstrong Williams, Horatio Alger, Williams, Ruth Bader Ginsburg, Antonin Scalia, — Thomas Organizations: Supreme, Service, New York Times, Opportunity Commission, Times, Horatio, Distinguished, Horatio Alger Association, Justice, LA Times Locations: Wall, Silicon, Thomas, Virginia
☆ Clarence Thomas' friends from the elite Horatio Alger Association financed a documentary favoring the justice after the HBO film 'Confirmation' aired Anita Hill scandal
  + stars: | 2023-07-09 | by ( John L. Dorman | ) www.businessinsider.com   time to read: +3 min
Several friends of Clarence Thomas helped finance a documentary on the justice. Thomas vehemently denied the allegations and was confirmed to the Supreme Court in a close 52-48 vote. The actor Wendell Pierce, best known for his role as Detective William "Bunk" Moreland on HBO's "The Wire," played Thomas. That film, "Created Equal: Clarence Thomas In His Own Words," was released in 2020. While speaking during an appearance at a Connecticut library, he once remarked that Thomas had dealt with "lies, innuendo, distortions, and outright personal attacks" throughout the Supreme Court confirmation process.
Persons: Clarence Thomas, Thomas, Anita Hill's, Anita Hill, Kerry Washington, Olivia Pope, Wendell Pierce, William, Bunk, Moreland, —, David Sokol, Dennis Washington, Horatio Alger, Sokol, Justice Thomas, Ginni Thomas, Warren Buffett, " Sokol Organizations: Service, HBO, Distinguished, The New York Times, Times, Berkshire Hathaway, Horatio Alger, Sokol Locations: Wall, Silicon, HBO's, Berkshire, Connecticut
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