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There may be a case to bet on technology stocks, even if interest rates remain higher for longer. While conventional wisdom suggests high rates should punish the group, investors still favor the earnings growth offered by megacap tech stocks, according to The ETF Store President Nate Geraci. "Investors are viewing megacap tech as a quality play," he told CNBC's "ETF Edge" on Monday. Even if a U.S. economic slowdown takes hold, Geraci thinks quality tech names can remain in a leadership role. "I think that causes investors to rethink making bets on companies with earnings that are far out into the future."
Persons: Nate Geraci, CNBC's, Cathie, Geraci Organizations: Technology, Innovation Locations: LSEG, U.S
That same day, Mr. Trump’s campaign announced that the former president would appear alongside Mr. Moreno on Saturday in Dayton, widely interpreted as a sign that Mr. Moreno could benefit from an 11th-hour boost. Simultaneously, Mr. Moreno and his backers have portrayed Mr. Dolan as not sufficiently supportive of Mr. Trump. After Mr. Trump overwhelmingly won the former battleground state in 2016 and 2020, Ohioans sent J.D. Image Mr. Moreno has been endorsed by, and campaigned with, several Republicans with ties to Mr. Trump, including Gov. Mr. LaRose and Mr. Moreno have banded together to attack Mr. Dolan as disloyal to Mr. Trump, while both Mr. Dolan and Mr. LaRose have accused Mr. Moreno of shifting his views on everything from gun control to Mr. Trump himself.
Persons: Donald J, Trump’s, Bernie Moreno, Sherrod Brown, Moreno, Matt Dolan, Frank LaRose, Dolan, Mike DeWine, Rob Portman, LaRose, Mr, Trump, Donald Trump, , Ryan Stubenrauch, DeWine, Portman, Brown, Ohioans, J.D, Vance, Biden, Moreno’s, , Mitch McConnell, McConnell, Donald Trump Jr, ” Mr, ” Reagan McCarthy, won’t, Jim Renacci, “ Trump, Katie Smith, they’ll, Kristi Noem, Vivek Ramaswamy, Vance of Ohio, , Noem, Donald Trump isn’t, Mitzi Baird, ” Ms, Baird, Michael C, Bender Organizations: Republican, Republicans, Democrat, Senate, Mr, Democratic, Cleveland Guardians, Trump, Republican Party —, National Republican Senatorial Committee, Ohio Democratic Party, U.S . Army, Washington , D.C, , Lincoln Locations: Ohio, Dayton, Arizona, Cleveland, Washington, G.O.P, battlegrounds, Pennsylvania, Georgia, South Dakota, Cincinnati, Washington ,, Columbus, Elyria, Vermilion
Larry Hogan might not be running for Senate this year but for a letter he received in early January. The popular former Republican governor of Maryland had rebuffed years of entreaties and lobbying from a parade of powerful Republicans. Once Mr. Hogan had cracked open what had seemed a shut door, Mr. Thacker quickly informed his boss of his personal outreach, setting in motion a frantic three-week sprint of private meetings and polling. Mr. Hogan ultimately made a dramatic surprise entrance into the race hours before a Feb. 9 filing deadline. The decision delivered a genuine jolt to a Senate landscape that was already heavily tilted toward Republicans in 2024.
Persons: Larry Hogan, Hogan, Darin Thacker, Thacker Organizations: Senate, Republican Locations: Maryland, Annapolis
Investor sentiment toward intermediate-term Treasury bonds may be changing. "So, they're looking to reposition the fixed-income portion of their portfolio to take advantage of where interest rates are likely to go next." It's a shift from last year when short-term bonds and money market funds saw large inflows. "Taking on some duration risk makes sense, but I wouldn't go too far out on the curve," he said. "The risk-return dynamics [of] getting too far out on the long end don't make a ton of sense to me."
Persons: David Botset, you'll, Nate Geraci Organizations: Federal
Rock & hard place: What's a bond investor to do now?
  + stars: | 2024-02-21 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRock & hard place: What's a bond investor to do now? David Botset, Schwab Asset Management head of innovation and stewardship, and Nate Geraci, The ETF Store president, join CNBC's Bob Pisani on 'ETF Edge' to discuss the growing appetite for intermediate-term Treasury bonds and the bond conundrum facing investors.
Persons: David Botset, Nate Geraci, Bob Pisani Organizations: Schwab Asset Management
ETF Edge, February 21, 2024
  + stars: | 2024-02-21 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailETF Edge, February 21, 2024David Botset, Schwab Asset Management head of innovation and stewardship, and Nate Geraci, The ETF Store president, join CNBC's Bob Pisani on 'ETF Edge' to discuss the risk of high tech concentration, spot bitcoin trading, the growing investor appetite for intermediate-term Treasury bonds and more.
Persons: David Botset, Nate Geraci, Bob Pisani Organizations: Schwab Asset Management
Or it could have been the declaration that a 17-year-old LeBron James was “The Chosen One,” 20 months before he played in his first N.B.A. For sports fans of a certain age, the memory of running to the mailbox to see what was on the cover of the latest weekly issue of Sports Illustrated is indelible. “You would get that cover and you’d be like: ‘Man, this is what happened last week. But the road has been particularly rough for Sports Illustrated, with its shrinking staff and reduced print frequency. Last week, most of the employees were either laid off or told their employment would be uncertain after 90 days, leaving the publication’s future in flux.
Persons: Dwight Clark, LeBron James, , , Nate Gordon Organizations: United States Olympic, San Francisco 49ers, Sports, Sports Illustrated, Players ’ Tribune Locations:
Actively managed exchange-traded funds are having their time in the limelight as ETF managers seek new strategies beyond passive funds. "But with active management, you can differentiate assuming the active manager is actually doing something meaningfully different than the underlying benchmark," he added. While active ETFs have been around since 2008, the popularity took off in 2019 after the SEC eased launch restrictions. So far this year, the number of active ETFs that have launched have already overtaken passive ETFs by a ratio of three to one, according to Morningstar. While it's the firm's first active ETF, GMO has run a traditional actively managed mutual fund called the GMO Quality Fund (GQETX) since 2004.
Persons: Nate Geraci, Morningstar, Franklin, It's, Tom Hancock, we've Organizations: Edge, SEC, Asset Bond, Quality
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLegendary value investor launches ETF… but it's not a value fundNate Geraci, The ETF Store president, and Tom Hancock, GMO head of focused equity and portfolio manager, join CNBC's Bob Pisani on 'ETF Edge' to discuss the launch of GMO's U.S. Quality ETF later this week.
Persons: it's, Nate Geraci, Tom Hancock, Bob Pisani Organizations: GMO's, Quality Locations: GMO's U.S
The "active" arena suddenly gets crowded
  + stars: | 2023-11-13 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe "active" arena suddenly gets crowdedNate Geraci, The ETF Store president, and Tom Hancock, GMO head of focused equity and portfolio manager, join CNBC's Bob Pisani on 'ETF Edge' to discuss the rise in popularity of actively managed ETFs.
Persons: Nate Geraci, Tom Hancock, Bob Pisani
State of value investing in 2024
  + stars: | 2023-11-13 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailState of value investing in 2024Nate Geraci, The ETF Store president, and Tom Hancock, GMO head of focused equity and portfolio manager, join CNBC's Bob Pisani on 'ETF Edge' to discuss the outperformance of growth over value and if the trend will continue.
Persons: Nate Geraci, Tom Hancock, Bob Pisani
In 2021, Republicans retook the Virginia House. The Virginia Senate wasn’t up in 2021 – state senators face their voters every four years. That one time was in 2011, when the two parties ended up tied in the state Senate, with the Republican lieutenant governor serving as the tie-breaker. Democrats hold the thinnest of majorities in the state Senate, while Republicans narrowly control the state House. In those elections, Democrats have been greatly outperforming the Democratic baseline (measured by comparing their candidates’ performances with Biden’s in 2020).
Persons: bode, Joe Biden, – Biden, Donald Trump –, we’ve, Biden’s, Roe, Wade, Biden, Glenn Youngkin Organizations: CNN, Virginia Legislature, Republicans, Virginia, GOP, The Virginia Senate, Virginia Senate, Republican, Washington Post, Democratic, Democrats, Republican Gov, Virginia Democrats Locations: Virginia, New Jersey, Ohio, Washington
When we account for how few poor students take the test, by looking at all students, a new and greater disparity emerges. It’s a reflection of an inequality in American education that starts long before high school. New SAT Data Highlights the Deep Inequality at the Heart of American EducationNew data shows, for the first time at this level of detail, how much students’ standardized test scores rise with their parents' incomes — and how disparities start years before students sit for tests. And in the last five decades, as the country has become more unequal by income, the gap in children’s academic achievement, as measured by test scores throughout schooling, has widened. Parenting in places with less income inequality and more public investment in families is more playful and relaxed, research shows.
Persons: , Sean Reardon, Reardon, , , John N, Friedman, Brown, Raj Chetty, David J . Deming, Deming, Ann Owens, Owens, Rich, Chetty, “ It’s, Nate G, Hilger, Drew Angerer, Robert Putnam, “ ‘, you’re, “ They’ve, they’ve, Jesse Rothstein Organizations: ACT, of American Education, Opportunity, Harvard, Stanford Graduate School of Education, Chetty, University of Southern, Research, The New York Times, University of California Locations: University of Southern California, Berkeley
UBS initiates Fiverr as buy UBS said the Israeli online marketplace company has "significant upside." UBS upgrades Fluor to buy from hold UBS said the construction and engineering stock is underappreciated. Bank of America upgrades Orange to buy from underperform Bank of America double upgraded the European telco company and says it has upside potential. Bank of America reiterates Blackrock as buy Bank of America said the asset management company is well positioned. Mizuho reiterates Nvidia as buy Mizuho added the stock to its top picks list and says it's an AI winner.
Persons: Morgan Stanley, Tesla, it's, underappreciate FLR, TD Cowen, Key, Goldman Sachs, Goldman, Oppenheimer, Mizuho, Coinbase, Bernstein, PTON Organizations: US, UBS, Americas Corp, Bank of America, underperform Bank of America, Tech, of America, Apple, JPMorgan, Netflix, ARM, " Bank of America, Blackrock, Nvidia, Mizuho, NOVA Locations: Argentina, Argentine, Orange, 3Q23, 4Q23
The Arm IPO is here, but many ETFs will not be buyers
  + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com   time to read: +6 min
The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.
Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas
AUSTIN, Texas (AP) — The impeachment trial of Texas Attorney General Ken Paxton is underway with live television coverage, a former aide who reported him to the FBI on the witness stand and his wife watching from her desk in the state Senate but prohibited from participating. But how much Paxton himself will take part in the historic trial that resumes Wednesday is up in the air. Paxton pleaded not guilty Tuesday but did not return for opening arguments, when his attorneys sharply criticized the impeachment and urged Republican senators to acquit. The vote immediately suspended Paxton and made him only the third sitting official in Texas’ nearly 200-year history to be impeached. What they are doing is taking away the vote of the majority of the people of Texas,” Bowen said.
Persons: Ken Paxton, Paxton, Paxton’s, , Dan Cogdell, Jeff Mateer, Mateer, “ Mr, , Andrew Murr, Biden, Austin, Nate Paul, Tony Buzbee, Paxton “, Paul, Gov, Dan Patrick, Sen, Angela Paxton, , Peter Bowen, ” Bowen Organizations: Texas, FBI, Senators, Republican, , Capitol, Texas Republicans, Trump, Texas ’, Senate Locations: AUSTIN, Texas, acquit, May, Houston
"The problem is the office is being used for the benefit of one person," said Jeff Mateer, who was Paxton's second-in-command at the Texas attorney generals' office. Their relationship is central to the case led by Republican impeachment managers that Paxton should be removed from office. Mateer took the stand with few onlookers in the Senate gallery for what is Texas' first impeachment trial in nearly a half century. Paxton attorney Tony Buzbee said Paxton "gave nothing of significance" to Paul and framed the proceedings as an attempt to overturn the will of voters. Paxton attorney Tony Buzbee said Paxton "gave nothing of significance" to Paul and framed the proceedings as an attempt to overturn the will of voters.
Persons: Ken Paxton, Jeff Mateer, Mateer, Paxton, Nate Paul, Paul, Dan Cogdell, Biden, Tony Buzbee, Gov, Dan Patrick, Paxton's, Sen, Angela Paxton, , Mr, Andrew Murr, Austin, Peter Bowen, Bowen Organizations: Texas, FBI, Texas Senate, Republican, The Associated Press, Senators, Texas Republicans, Trump, Capitol, Senate Locations: Texas, U.S, Washington , U.S, Austin, May, Houston
Alberta, the country's main oil and gas producing province, paused approvals on Aug. 3 of new renewable electricity generation projects over one megawatt until Feb. 29, chilling investment in the fast-growing industry. The pause is necessary to address concerns about renewables' reliability and land use, said a spokesperson for Alberta's utilities minister. A second company has paused design work on its first Alberta project, Dye added. Along with domestic firms, foreign companies like Berkshire Hathaway's (BRKa.N) BHE Canada, EDF Renewables and Enel Green Power generate renewable power in Alberta. The pause directly affects 15 projects in the approvals queue, the government spokesperson said.
Persons: Todd Korol, Danielle Smith, Smith, Justin Trudeau's, Jorden Dye, Dye, Pembina, Grant Arnold, Arnold, BluEarth, Dan Balaban, Rod Nickel, Steve Scherer, Denny Thomas, Marguerita Choy Organizations: REUTERS, Rights, Justin Trudeau's Liberal, Business Renewables, THE, THE ALBERTA WAY, EDF Renewables, Companies, Pembina Institute, Renewables, U.S . Alberta Utilities Commission, Greengate, Copenhagen Infrastructure Partners, Thomson Locations: Rocky, Pincher Creek, Alberta, Rights WINNIPEG , Manitoba, Canadian, U.S, Calgary, THE ALBERTA, THE ALBERTA WAY Alberta, Berkshire, Canada, Winnipeg , Manitoba, Ottawa
After a string of up days, the old market leadership of technology and consumer discretionary is looking tired, and that is probably a good thing. Since 1950, August is the third-worst month for the S & P 500, while September is the worst month. That is "historically extreme," Todd Sohn from Strategas told me, though it is consistent with coming off major market lows. A torrid two-month rally has lifted the S & P Technology Sector (XLK) by 16%, but tech has mostly been for sale in the last few days. Still, for investors in the S & P 500, McClellan says no one should be surprised to see a summer correction in the next month or so.
Persons: Tom McClellan, Nate Geraci, Schwab, Todd Sohn, Strategas, John Murphy, Banks, Murphy, UnitedHealth, Johnson, Abbott, Ed Yardeni, McClellan Organizations: The, Growth, P Technology, Microsoft, Apple, Nasdaq, NVIDIA, Meta, Technology, Health Care
Neutrinos Build a Ghostly Map of the Milky Way
  + stars: | 2023-06-29 | by ( Kenneth Chang | ) www.nytimes.com   time to read: +1 min
From ghostlike particles, astrophysicists have pieced together a new map of the galaxy we live in. For now, that map of the Milky Way is blurry and incomplete. “This is the first time we’ve seen our own galaxy in anything other than light,” said Naoko Kurahashi Neilson, a professor of physics at Drexel University in Philadelphia who came up with the idea that a new view of the galaxy could be gleaned from particles known as neutrinos. Dr. Kurahashi Neilson and the more than 350 other scientists who collaborate on analyzing data from a neutrino detector at the South Pole reported their findings in a paper published on Thursday in the journal Science. “This is at last really the beginning of neutrino astronomy,” said John G. Learned, a physicist at the University of Hawaii who was not involved with the research.
Persons: , Naoko Kurahashi Neilson, Kurahashi Neilson, John G Organizations: Drexel University, University of Hawaii Locations: Philadelphia
Charlotte Hornets owner Michael Jordan responds to a question during a news conference at Spectrum Center in Charlotte, North Carolina, Oct. 28, 2014. Basketball legend Michael Jordan has agreed to sell his majority stake in the National Basketball Association's Charlotte Hornets to wealthy investors Gabe Plotkin and Rick Schnall, a representative for Jordan confirmed Friday. Jordan took a majority stake in the Hornets in 2010 for $275 million. Under the ownership of the six-time NBA champion Jordan, the Hornets have struggled, only making the playoffs two times. Plotkin acquired a minority stake in the Hornets in 2019 and has served as an alternate governor on the NBA Board of Governors.
Persons: Charlotte, Michael Jordan, Basketball Association's Charlotte, Gabe Plotkin, Rick Schnall, Jordan, Plotkin, Schnall, Clayton, Dan Sundheim, J, Cole, Eric Church Organizations: Charlotte Hornets, Spectrum Center, Basketball Association's, Basketball Association's Charlotte Hornets, Hornets, NBA, of Governors, Tallwoods, NBA's Atlanta Hawks, Hawks, D1, North Carolina, Hornets Sports & Entertainment, G League, Greensboro Swarm, Spectrum, Forbes Locations: Charlotte , North Carolina, Dubilier
Ron DeSantis rarely mentions the specifics of his religion, faith, or practice of it. Ron DeSantis delivers remarks during the Project Opioid conference at First Presbyterian Church in Orlando on Aug. 20, 2019. Ron DeSantis and his wife Casey stand during the Pledge of Allegiance at a campaign event, Wednesday, May 31, 2023, in Cedar Rapids, Iowa. Ron DeSantis and his wife, Casey, bow their heads during a prayer at a campaign event, Wednesday, May 31, 2023, in Cedar Rapids, Iowa. Ron DeSantis speaks during a campaign event, Tuesday, May 30, 2023, in Clive, Iowa.
Persons: Ron DeSantis, wouldn't, , Joe Burbank, Brian Burch, Burch, DeSantis, Donald Trump, Joe Biden, Biden, He's, Nate Hochman, Hochman, Maria Sullivan, Casey, Charlie Neibergall, Sullivan, Piers Morgan, there's, that's, Phelan M, Paul Harvey, Cary McMullen, John F, Kennedy, El Paso Bishop Mark Seitz, Miami Archbishop Thomas Wenski, Wenski, heartburn, US Sen, Joni Ernst, David Polyansky, Ted Cruz, Bob Vander Plaats, Vander Plaats, John Stemberger, Stemberger, we've, Trump, Mike Pence, Tim Scott, Pat Robertson, Michael Binder, Tom O'Shields Organizations: Catholic, Service, Florida Gov, First Presbyterian Church, Orlando Sentinel, DeSantis, GOP, New York, Our Lady Star, Republican, Gov, AP, Lourdes Catholic School, The, Catholic Church, El Paso Bishop, Miami Archbishop, Florida Conference of Catholic, US, Policy Council, Trump, University of North, Lilly Endowment Inc Locations: Florida, GREENVILLE, S.C, Iowa, South Carolina, Orlando, Tallahassee, DeSantis, Catholic Church, Northeast Florida, Cedar Rapids , Iowa, Dunedin , Florida, Ohio, Galilee, Israel, Tampa , Fla, Lakeland , Florida, California, Texas, Des Moines , Iowa, Clive , Iowa, University of North Florida, Greenville, Easley , South Carolina
That's because they'll travel on different models of ships and likely at different speeds — maybe even with different fuel. The toy giant Hasbro, for example, has pledged to reach net-zero emissions by 2050 — with a 40% reduction by 2030. Eventually, they'll have to wade into their supply chains — where 90% of most companies' emissions come from — and transportation is a key element. When companies look closer, they often find they're producing fewer emissions than they think, and identifying places to reduce gets even easier. Saving money equals reduction," Eric Rempel, the chief innovation officer of Redwood Logistics, said.
But the tug that Henry exerts on his father’s heart, while scarcely new, is ever more evident — in particular during the goodbyes that close the episode, when Ted can scarcely let go of Henry’s backpack. NateWhen we first run across Nate this episode, he is in bed in the morning. Upon waking, she quickly determines that, charmingly, Nate had already gotten up, showered, shaved, brushed his teeth and gotten back into bed. We’ve gone straight from romantic tension to romantic fulfillment without witnessing the romantic journey at all, at least so far. Which is perhaps part of the reason Nate’s most moving relationship is still his complicated one with Ted.
WASHINGTON — When Senator Steve Daines, the leader of the Senate Republican campaign arm, quietly informed Senator Mitch McConnell, the minority leader, that he intended to endorse former President Donald J. Trump, Mr. McConnell was fine with the idea. Mr. McConnell, the Kentucky Republican, is not on speaking terms with the former president, having abruptly turned against him after the Jan. 6, 2021, attack on the Capitol. Mr. Trump has publicly savaged the senator and repeatedly demeaned his wife with racist statements. But the minority leader, according to a person familiar with his thinking, believed that somebody in the Senate G.O.P. leadership ranks should have a working relationship with the party’s leading presidential contender — and it might as well be the man charged with winning back the Senate majority.
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