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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBullish on tech, health care, staples, and industrials, says Degas WrightDegas Wright, Founder, CEO, and CIO of Decatur Capital, discusses the markets and the trading day ahead.
Persons: Degas Wright Degas Wright Organizations: Decatur Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUPS could be a strong long-term stock at current levels, says Decatur Capital CEODegas Wright, Decatur Capital CEO, joins 'The Exchange' to discuss how to trade Whirlpool, Diageo, and UPS.
Persons: Degas Wright Organizations: Decatur Capital, Whirlpool, Diageo, UPS
NEW YORK (AP) — British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York. The 86-year-old businessman entered the plea in Manhattan federal court six months after he was charged in the case. U.S. Attorney Damian Williams said the plea deal includes the largest financial penalty for insider trading in a decade. Broad Bay Limited, which Lewis owns, will pay more than $50 million in financial penalties, the prosecutor said in a release. Federal sentencing guidelines call for a prison sentence of between 18 and 24 months, though Lewis can seek less than that.
Persons: Joe Lewis, Lewis, Damian Williams, , Joseph Lewis, Williams, Forbes, Lewis ’, Picasso, Matisse, Degas, Woods, Ernie Els, Justin Timberlake, Prosecutors, Jennifer Peltz Organizations: Tottenham Hotspur, Broad, U.S, Premier League, Lewis ’ Tavistock Group, Associated Locations: British, New York, Manhattan, United States, oceanside
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies that can bundle AI with their current products will succeed, says Degas WrightDegas Wright, Founder, CEO, and CIO of Decatur Capital, discusses his expectations for the new trading week.
Persons: Degas Wright Degas Wright Organizations: Companies, Decatur Capital
Nvidia's revenue triples as AI chip boom continues
  + stars: | 2023-11-21 | by ( Jordan Novet | ) www.cnbc.com   time to read: +4 min
The company's data center revenue totaled $14.51 billion, up 279% and more than the StreetAccount consensus of $12.97 billion. With respect to guidance, Nvidia called for $20 billion in revenue for the fiscal fourth quarter. During the quarter, Nvidia announced the GH200 GPU, which has more memory than the current H100 and an additional Arm processor onboard. As recently as two years ago, sales of GPUs for playing video games on PCs were the largest source of Nvidia's revenue. Nvidia faces obstacles, including competition from AMD and lower revenue because of export restrictions that can limit sales of its GPUs in China.
Persons: Colette Kress, Kress, Raymond James, Srini Pajjuri, Jacob Silverman, Degas Wright Organizations: Nvidia, LSEG, Energy, Microsoft, AMD Locations: China, East, Australia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe major risk to Nvidia earnings is its relationship with China, says Degas WrightDegas Wright, Founder, CEO, and CIO of Decatur Capital, discusses his expectations for Nvidia.
Persons: Degas Wright Degas Wright Organizations: Decatur Capital, Nvidia Locations: China
She’s “The Hesitant Fiancée,” the eponymous subject of the painter Auguste Toulmouche’s 1866 painting. Toulmouche wasn’t a feminist painter, but his work speaks to women todayToulmouche painted scenes of elegant, wealthy French women in domestic settings, often chronicling their romantic exploits. The seated woman in "The Hesitant Fiancée" has inspired TikTok users to create memes based on their own eye roll-worthy moments when they had to swallow their anger. Auguste Toulmouche/From WikipediaWhile Toulmouche was “by no means a painter of feminist art,” Brown said, the women in his paintings are interpreted today as slyly subversive. “Read as a narrative that unfolds across the two works, it looks like the young woman from ‘Forbidden Fruit’ knows what’s about to happen to her.”‘The Hesitant Fiancée’ is courting TikTok fansThe revival of “The Hesitant Fiancée” has been centuries in the making.
Persons: she’s, Auguste Toulmouche’s, She’s, , Fiancée ”, Kathryn Brown, , Brown, Toulmouche wasn’t, Émile Zola, ” Brown, Claude Monet, Edgar Degas, Auguste Toulmouche, Toulmouche, They’ve, , that’s, “ Read, TikTok, Kira, @TheArtRevival, Tatyana, Art, would’ve, who’s, ” Kira Organizations: CNN, Loughborough University, Beaux, Arts ’ Paris Salon, Toulmouche Locations: , France
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWright: You want to focus on expectations for the Fed, that will drive stock pricesDegas Wright of Decatur Capital discusses the state of the economy and future Fed policy, and why he's focusing on a biotech name and a company that provides cloud services for the life sciences and healthcare industry.
Persons: Degas Wright Organizations: Decatur Capital
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Persons: Dow Jones, manet, degas Locations: paris
And if gestures of tribute speak louder than words, Degas made a powerful one. In his increasingly reclusive later years he set about assembling a personal collection of Manet’s work, a sampling of which, in a section called “Degas after Manet,” concludes the show. The painting was so polemically pointed that Manet had to keep it hidden in storage. Degas and Manet, at the start of their careers, first met in the galleries of a grand public museum. In the end, they kept company in a small private one, the shadowy rooms of Degas’s Paris apartment.
Persons: Degas, “ Degas, Manet, , Berthe Morisot, Bizet’s, Carmen ”, Maximilian, Austrian archduke, Napoleon III Locations: Austrian, Mexico, London, Paris
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWright: The S&P 500 will trade in a range of 4,400 and 4,700 into year-endDegas Wright, CEO and CIO of Decatur Capital, discusses August CPI, the current market environment, and his portfolio strategy.
Persons: Wright, Degas Wright Organizations: Decatur Capital
A blockbuster meetup of Manet and Degas, an unprecedented retrospective for Ed Ruscha and a once-in-a-lifetime chance to see an 800-year-old ink painting that has never before left Asia — the new season of museum shows is full of heart-stoppers. A new gallery devoted to plaster is set to open at the Museum of Modern Art, too, and drawing shows are everywhere, from Hanne Darboven in Texas to Stéphane Mandelbaum in New York. SeptemberONLY THE YOUNG: EXPERIMENTAL ART IN KOREA, 1960s-1970s Coming of age in a rapidly changing country, postwar Korean artists innovated without fear. Organized with the National Museum of Modern and Contemporary Art in Seoul, this show is slated to travel on to the Hammer in Los Angeles. (Sept. 1-Jan. 7, 2024; Solomon R. Guggenheim Museum)JA’TOVIA GARY: THE GIVERNY SUITE A Black feminist angle on art history — and on Monet’s famous gardens at Giverny, France — in a newly acquired video installation.
Persons: Manet, Degas, Ed Ruscha, Hanne Darboven, Stéphane Mandelbaum, Ruth Asawa, Michelangelo, Asawa, Solomon R, GARY Organizations: Museum of Modern, Whitney Museum of American, Francisco’s Legion, Honor, National Museum of Modern, Art, Guggenheim Museum, Modern, of Fine Arts Locations: Asia, Texas, New York, KOREA, Seoul, Los Angeles, Giverny, France, Houston
Earnings Exchange: How to play Dollar Tree, Splunk, and Nvidia
  + stars: | 2023-08-23 | 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 EmailEarnings Exchange: How to play Dollar Tree, Splunk, and NvidiaDegas Wright, Decatur Capital CEO, joins 'The Exchange' to discuss Wright's thoughts on the week's upcoming earnings results, how Wright would play Dollar Tree, and the story behind Splunk's earnings.
Persons: Nvidia Degas Wright, Wright Organizations: Decatur Capital
New York CNN —The dog days of summer are boom times for divorce filings. You can’t quite inflation-proof your divorce, they noted, but there are steps to take to blunt the economy’s impact on it. ljubaphoto/E+/Getty ImagesIf you refinance, you’ll also have to qualify for a new loan based on one income. Also, divorce attorneys stress, expect the strains and time-consuming duties of divorce to, at least temporarily, trim gig income. “I have clients who have put off divorce because of the economy,” said Manhattan accountant Marc Albaum.
Persons: Jaime Davis, Brandon Bell, you’ll, Scott Trout, Cordell, Appraising, Sid Bass, Anne, Anne Bass, Edgar Degas, Mark Rothko, Degas, , Victor Weiner, hasn’t, , Marc Albaum, “ One’s, , Covid, That’s Organizations: New, New York CNN, CNN, Veterans Affairs, Cordell, Appraisers Association of America, Wall, Consumer, CPI Locations: New York, Raleigh , North Carolina, Houston , Texas, Manhattan, Covid
Wright: Find value in international markets, like India stocks
  + stars: | 2023-08-09 | 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 EmailWright: Find value in international markets, like India stocksDegas Wright, Founder, CEO, and CIO of Decatur Capital, discusses the financial sector, the markets, and where to find investing opportunities.
Persons: Degas Wright Organizations: Decatur Capital Locations: India
Two climate activists made a beeline for a beautiful Monet painting exhibited at the National Museum in Sweden on a recent Wednesday morning. They wanted to convey the urgency of the environmental crisis — pollution, global warming and other man-made disasters — that could turn the artist’s gorgeous gardens at Giverny into a distant memory. So the young protesters followed what has become a familiar playbook: gluing a hand to the artwork’s protective glass and smearing it with red paint. Similar scenes have unfolded at more than a dozen museums over the last year, leaving cultural workers on edge and at a loss for how to prevent climate activists from targeting delicate artworks. Just last weekend, the Metropolitan Museum of Art in Manhattan was targeted for the second time, as more than 40 activists occupied galleries, silently holding signs that proclaimed “No art on a dead planet.” Meanwhile, the costs for security, conservation and insurance are growing, according to cultural institutions that have experienced attacks.
Persons: Monet, Degas, Organizations: National Museum, National Gallery of Art, Metropolitan Museum of Art Locations: Sweden, Giverny, Washington, Manhattan
Many are by Swiss artists, including the Giacomettis, father and son. When I visited, one floor featured a large, temporary exhibition of more than 100 paintings by the Swiss painter Gustav Buchet, an important figure in the avant-garde movements in early-20th-century Switzerland. The building was designed by the Portuguese architects Francisco and Manuel Aires Mateus and opened in June 2022, along with the plaza. Many photos reminded how trains can represent escape and adventure, but also a Hail Mary for the desperate. Black-and-white shots of war refugees piling onto trains, taken 70 years ago, felt like they could have been taken last month.
Persons: Gustav Buchet, François Bocion, Bocion, Degas, Renoir, Cézanne, Rodin, Magdalena Abakanowicz, Francisco, Manuel Aires Mateus, Henri Cartier, Nan Goldin, Mary Organizations: Bresson Locations: Swiss, Switzerland, Lake Geneva, Portuguese
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're waiting to see full effect of Fed rate hikes, says Wilmington Trust's Meghan ShueMeghan Shue, Wilmington Trust head of investment strategy, and Degas Wright, Decatur Capital Management CEO, join 'Closing Bell Overtime' to discuss the White House debt ceiling meeting, the looming deadline, and what it means for the U.S. economy.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wilmington's Meghan Shue and Decatur's Degas WrightMeghan Shue, Wilmington Trust head of investment strategy, and Degas Wright, Decatur Capital Management CEO, join 'Closing Bell Overtime' to discuss the White House debt ceiling meeting, the banking crisis, and their reactions to a new round of quarterly earnings results.
The four art dealers who trade together as LGDR have opened a gallery on East 64th Street with a preposterous inaugural exhibition — but before you take that the wrong way, remember the etymology. Preposterous, adjective: from the Latin prae-, meaning “before,” and posterus, or “coming after.” Something preposterous is turned the wrong way. …I had better stop; “Rear View,” with more than 60 paintings, sculptures and photographs of human figures facing the more interesting way, invites a preposterous amount of wordplay. Many of the artists in “Rear View” channel their backward glances through the classical ideal. Michelangelo Pistoletto, the Arte Povera artist, places a concrete copy of the Aphrodite of Knidos in a pile of trash.
Picasso: Love Him or Hate Him?
  + stars: | 2023-04-05 | by ( Deborah Solomon | April | ) www.nytimes.com   time to read: +14 min
It is not hugely cool to profess a love for Picasso these days. This is what Picasso’s detractors — like Hannah Gadsby, the Australian comedian and Picasso basher, who will help curate a Picasso show at the Brooklyn Museum opening on June 2 — often miss. Picasso, by contrast, brought the weight of lived experience into his work, even when he was tethered to archetypal subjects. “The Mother” (1901), an early painting by Picasso, shows a view of motherhood purged of Renaissance idealization. The conventional view of the painting holds that the women are “dolled-up cocottes,” as John Richardson glibly put it in his biography of Picasso.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWright: We're likely to be stuck in this current trading range as the Fed hikes rates furtherDegas Wright of Decatur Capital discusses expectations for the job market, interest rates and highlights why he like one European bank and a big player in the aircraft and defense parts supplier business.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWright: Focus on profitable companies with a competitive advantage and strong dividend yieldsDegas Wright, Founder, CEO, and CIO of Decatur Capital, joins Worldwide Exchange to discuss the markets.
What art would a billionaire tech bro with a penchant for showing off put in his private Greek-isle palace? According to the “Glass Onion: A Knives Out Mystery,” he’d have two Basquiats, a Mark Rothko, a David Hockney, some Matisses, a Degas, a Twombly. Oh, and the Mona Lisa.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC investors (and veterans) take investing questions from fellow veteransDegas Wright of Decatur Capital Management joins 'Halftime Report' to answer veteran viewer questions, highlighting the cyber security sector, and the importance of portfolio diversification.
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