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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorried investors don't have a fully-formed inflation thesis, says RBC's Lori CalvasinaLori Calvasina, RBC Capital Markets head of U.S. equity strategist, joins 'Squawk on the Street' to discuss how investors will digest next week's CPI data, how equities have performed without positive data, and more.
Persons: RBC's Lori Calvasina Lori Calvasina Organizations: RBC Capital Markets
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla developments in China could be key for the company, says RBC's Tom NarayanTom Narayan, lead equity analyst of global autos at RBC Capital Markets, joins CNBC's 'The Exchange' to discuss Elon Musk's visit to China, the path forward for self-driving, and more.
Persons: Tom Narayan Tom Narayan, Elon Musk's Organizations: RBC Capital Markets Locations: China
EV prices will continue to decrease, says RBC's Tom Narayan
  + stars: | 2024-04-24 | 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 EmailEV prices will continue to decrease, says RBC's Tom NarayanHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Tom Narayan, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe White House faces a tough choice on Iranian crude oil exports this summer: RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the factors impacting the global energy market, impact of the $95 billion aid package passed by the House, state of the oil market, impact of Middle East tensions, and more.
Persons: Helima Croft Helima Croft Organizations: RBC Capital Markets, House
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegulatory approval on FSD is critical for Tesla, says RBC's Tom NarayanTom Narayan, RBC Global Autos Analyst, joins 'Closing Bell Overtime' to talk Tesla's share slide and what to expect from tomorrow's earnings.
Persons: Tesla, Tom Narayan Tom Narayan Organizations: RBC Global
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe S&P 500 break doesn't mean it's time to be an uber bear, says RBC's Lori CalvasinaRBC's Lori Calvasina, Crossmark's Victoria Fernandez and Gabelli's Kevin Dreyer, join 'Closing Bell' to discuss markets as the S&P breaks below 5,000.
Persons: RBC's Lori Calvasina RBC's Lori Calvasina, Victoria Fernandez, Gabelli's Kevin Dreyer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with RBC's Lori Calvasina, Crossmark's Victoria Fernandez and Gabelli's Kevin DreyerRBC's Lori Calvasina, Crossmark's Victoria Fernandez and Gabelli's Kevin Dreyer, join 'Closing Bell' to discuss markets as the S&P 500 breaks below 5,000.
Persons: RBC's Lori Calvasina, Victoria Fernandez, Gabelli's Kevin Dreyer, Lori Calvasina
Before this weekend's tanker seizure, the last vessel Iran hijacked was the St. Nikolas on January 1. A Planet Labs satellite image of the location of the MSC Aries and other tankers recently hijacked by Iran. Planet Labs PBCAs the U.S. considers more sanctions against Iran in response to its recent attack on Israel, Iran has been using the hijacked ships as a means of sanctions retaliation. Iran chose to do this as a way to compensate for sanctions," Madani said. In a note to clients, ClearView highlighted that the House of Representatives added several Iran sanctions bills to its calendar for consideration this week, under suspension rules, including new sanctions on Iranian oil exports to China.
Persons: Nikolas, Houthis, Samir Madani, Eyal Ofer's, Madani, Janet Yellen, Helima Croft, Andy Lipow, Brent, Lipow, Kevin Book, Book Organizations: Anadolu, Getty, MSC Aries, U.S . Naval Forces Central Command, Galaxy Leader, MSC, Planet Labs, U.S . Energy Information Agency, United Arab, JPMorgan, CNBC, Lipow Oil Associates, ClearView Energy Partners, US, UN Locations: Gulf of Oman, Hormuz, Anadolu, Iran, Israel, Gaza, U.S, Iranian, Khuran, China, Russia, Malaysia, United Arab Emirates, Oman, Strait, Tehran, East, North Africa, India, Saudi Arabia, Kuwait, Iraq, France, Germany
The oil market has brushed off Iran's weekend air assault against Israel, with futures trading as much as 1.5% lower on Monday. Oil prices could spike above $100 a barrel depending on how Israel responds to the attack, the analyst wrote. Attack 'well-telegraphed' Iran's attack, though unprecedented, did little actual damage as Israel and the U.S. intercepted nearly all the drones and missiles. The Islamic Republic warned, however, it would strike harder next time if Israel responds to the weekend attack. Potential threats include Iran seizing ships associated with Israel in the Strait of Hormuz; Israel attacking Iranian oil and gas assets; or Iran striking energy assets of its neighbors if Israel hits too hard.
Persons: Israel, Maximilian Layton, Layton, Brent, Helima Croft, CNBC's, Natasha Kaneva, Kaneva, Goldman, Daan Struyven, RBC's Croft, Jan Stuart, Piper Sandler, Stuart Organizations: Citi ., Brent, Citi, RBC Capital Markets, RBC, U.S, United Nations, Islamic, JPMorgan, CNBC Locations: Israel, Iran, Damascus, Syria, Tehran, Lebanon, Republic, Islamic Republic, Goldman Sachs, Strait, Hormuz, Iranian
RBC Capital Markets has refreshed its top stock picks for the second quarter, adding a few new names that could be poised to rise. To that end, RBC made updates for the second quarter to its list of top 30 global ideas, which includes "high-conviction, long-term" stock picks. Fintech firm PayPal is a new addition to the RBC list for 2024. GFL Environmental is also a new addition to the RBC list, and the waste management stock has climbed 2.5% in 2024. GFL YTD mountain GFL Environmental stock.
Persons: Graeme Pearson, Daniel R, Perlin, GFL, Sabahat Khan, Khan Organizations: RBC Capital Markets, RBC, PayPal, Mastercard
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeed to see a change in fair market value or pullback before being more bullish: RBC's CalvasinaLori Calvasina, RBC Capital Markets head of U.S. equity strategist, joins 'Squawk on the Street' to discuss the strategist's stance toward equity markets, what it would take to get Calvasina more bullish, and much more.
Persons: RBC's, Lori Calvasina Organizations: RBC Capital Markets
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPricing is one of the biggest reasons behind EV slowdowns, says RBC's Tom NarayanTom Narayan, RBC Capital global autos analyst, joins ‘Money Movers’ to discuss why he believes the EV demand will reignite, his take on hybrid vehicles, and more.
Persons: Tom Narayan Tom Narayan, Organizations: EV slowdowns, RBC Capital
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Meta shares jumped to an intraday record on Thursday after analysts at two firms raised their price targets on the stock, citing optimism over the company's growing market share in digital advertising. Analysts at Jefferies lifted their price target on Meta to $585 from $550 and said the company's gain in the ad market will increase this year. Among the roughly 50 price targets tracked by FactSet, RBC's estimate is tied for the highest along with that of both Wells Fargo and First Shanghai. The decision to invest $27 billion in capital expenditures last year "has helped the company develop several strategic advantages over its peers."
Persons: Mark Zuckerberg, Wells, Zuckerberg, Meta, they've Organizations: Meta, Nasdaq, Federal Reserve, Jefferies, RBC Capital Markets, Amazon, Google, RBC Locations: Menlo Park , California, First Shanghai, TikTok, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Helima Croft talks geopolitical threats and possible impacts on oil pricesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Helima Croft, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed needs to be patient with rate cuts, says RBC's Lori CalvasinaLori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins 'Closing Bell' to discuss the Fed's next moves, market reaction, and sector winners and laggards.
Persons: RBC's Lori Calvasina Lori Calvasina Organizations: RBC Capital Markets
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Helima Croft talks geopolitics' role in climbing oil pricesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Helima Croft, Brian Sullivan, Organizations: CNBC
The S & P 500 has more room for upside in 2024, according to RBC Capital Markets head of U.S. equity strategy Lori Calvasina. The upgrade comes as the S & P 500 wraps up a monster start to the year. The strategist also expanded her 2024 earnings forecast to $237 from $234, which underpins her overall higher outlook for the S & P 500. Calvasina also laid out her bull case, which has the S & P 500 soaring to 5,400, nearly 3% above Wednesday's close. The current signal is little changed from her January S & P 500 forecast, where she also said U.S. equities appeared to be overbought.
Persons: Lori Calvasina, Calvasina Organizations: RBC Capital Markets, CNBC's Market, Survey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Lori Calvasina anticipates a market pullback in the short-termLori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins 'Closing Bell' to discuss market valuations compared to sentiment data.
Persons: Lori Calvasina Organizations: RBC Capital Markets
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarch data may give the Fed some comfort to cut rates later this year, says RBC's Andrzej SkibaAndrzej Skiba, RBC Global Asset Management head of U.S. fixed income, joins 'Money Movers' to discuss why the Federal Reserve has the incentive to wait on rate cuts, concerns Skiba has in parts of the markets outside of equities, and much more.
Persons: RBC's Andrzej Skiba Andrzej Skiba, Skiba Organizations: RBC Global Asset Management, Federal Reserve
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's next vehicle will be the growth catalyst for the company, says RBC's Tom NarayanTom Narayan, RBC Capital global autos analyst, joins 'Squawk on the Street' to discuss why things will turnaround for Tesla, what investors are missing in Tesla's story, and what will keep the stock where it's at until its next vehicle launch.
Persons: Tom Narayan Tom Narayan Organizations: RBC Capital, Tesla
Wells Fargo 's run of form continued Wednesday, with shares hitting another 52-week high. Wall Street analysts see more upside ahead for what's been the best-performing major U.S. bank stock in 2024. Shares of Wells Fargo have surged nearly 18% year-to-date, compared to the S & P 500 's 8.5% advance over the same stretch. Higher for longer Both analysts said a higher-for-longer interest rate environment creates a favorable setup for a money center bank like Wells Fargo. As the expectations for Fed cuts this year have been coming down, Wells Fargo stock has been climbing.
Persons: Wells, what's, Goldman Sachs, Morgan Stanley —, , RBC Capital Market's Gerard Cassidy, Piper Sandler's Scott Siefers, Jim Cramer, RBC's Cassidy, Cash, Cassidy, Piper's Siefers, Siefers, Charlie Scharf, Scharf, that's, Jerome Powell, Jim Cramer's, Jim, Justin Sullivan Organizations: Wall, Peers, JPMorgan, Wells, CNBC, RBC Capital, Federal Reserve, Wells Fargo, Capital, Getty Locations: Wells Fargo, Wells, Basel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe fear of upside has captivated the options market, says RBC's Amy Wu SilvermanAmy Wu Silverman, RBC Capital Markets head of derivatives strategy, joins 'Squawk Box' to discuss the latest market trends, why she believes the biggest fear for investors currently is the fear of missing out on the markets' momentum higher, what options are saying about equities, and more.
Persons: Amy Wu Silverman Amy Wu Silverman Organizations: RBC Capital Markets
Forget Tesla , the real competition in electric vehicles is low-cost Chinese automakers. Farley wants to be prepared even if the U.S. government were to step in to curtail Chinese automakers' access. Outlook Ford investors shouldn't be concerned in the short term since Chinese EV competitors won't enter the market overnight. To that end, a group of lawmakers has urged the White House to boost tariffs on Chinese vehicles and figure out a way to be "prepared to address the coming wave" of Chinese vehicles by way of U.S. other trading partners. The cost of production will become more efficient, resulting in a more competitive and hopefully profitable Ford EV product.
Persons: Forget Tesla, Jim Farley, BYD, Ford, Farley, , Warren, Berkshire Hathaway, Morgan Stanley, I've, Tom Narayan, Stellantis, Narayan, Tesla, Jim Cramer, Jim, It's, RBC's Narayan, Ford's Farley, Wolfe, Jeff Windau, Edward Jones, shouldn't, Biden, Windau, doesn't bode, Jim Cramer's, Charly Triballeau Organizations: Nikkei, Wolfe Research, Ford, RBC Capital Markets, U.S, EV, Detroit, General Motors, Chrysler, Ford Blue, Ford Pro, Ford Model, CNBC, ICE, Ferrari, North, Outlook, Bloomberg, Ford EV, American EV, AFP, Getty Locations: U.S, Mexico, China, Europe, Indonesia, Hungary, Thailand, Inwood , New York
The market is in a transition period, says RBC's Lori Calvasina
  + stars: | 2024-02-16 | 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 EmailThe market is in a transition period, says RBC's Lori CalvasinaLori Calvasina, RBC Capital Markets head of U.S. equity strategy, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: RBC's Lori Calvasina Lori Calvasina Organizations: RBC Capital Markets
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Helima Croft talks escalating military tensions between Venezuela and GuyanaHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Helima Croft, Brian Sullivan, Organizations: CNBC Locations: Venezuela, Guyana
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