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☆ Crypto prices are back. So are the TV ads.
▼ + stars: | 2024-05-13 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Read previewOne sign we're in a crypto revival: Crypto prices are roaring again. Another sign: Crypto companies are advertising on TV again. Crypto.com isn't the only one pushing crypto on TV again. It makes perfect sense to run it side-by-side with ads telling you how fun it would be to bet on the very game you're watching (unless you're an NBA player). All that said, the 2024 crypto revival still seems more like an echo of the last boom than a replay.

Persons: —, you've, it's, Eminem, Matt Damon, Damon, Crypto.com, Coinbase cheekily, Crypto, Jack Dorsey, Kitty Organizations: Service, NBA, Business, UFC, GameStop

☆ Investors should load up on defensive sectors like consumer staples as macro data sends mixed signals about the economy, Morgan Stanley says
▼ + stars: | 2024-05-06 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

The latest macro data is sending mixed signals, reflecting both a "no landing" and a "soft landing," Morgan Stanley said. The bank recommends defensive sectors, including consumer staples, to navigate volatility. AdvertisementInvestors should ramp up investments in defensive stock sectors like consumer staples and utilities as the latest data sends mixed signals about the economy, Morgan Stanley says. Based on this rationale, Wilson suggests opting for robust cyclical names in a no-landing scenario and premium growth stocks in a soft landing. It also provides some more defensiveness to portfolios as a hedge amid uncertain/unpredictable macro data," they said.

Persons: Morgan Stanley, —, Michael Wilson, Wilson, nonfarm, Staples, Jerome Powell Organizations: Service, Conference, Reserve Locations: today's

☆ I planned on confronting my absent father about his parenting. But when I asked to hear his side, I learned a powerful lesson.
▼ + stars: | 2024-04-17 | by ( Justin Jones-Fosu | ) www.businessinsider.com time to read: +5 min

My father was absent throughout most of my life, so I went to Ghana to confront him about it. AdvertisementA few years ago, I visited my father in Ghana and asked to hear his story about why he was an absent parent. My father told me about his journey with his dad, his custody struggles, and the interpersonal conflicts between him and my mother. I also asked my father to share his experiences growing upMy father grew up in Ghana, and his own father was only a kid at the time. We hugged, and my father told me he was proud of me, which I never heard growing up.

Persons: —, I'd, Justin Organizations: Service, Finland —, quicken Locations: Ghana, Kenya, Ethiopia, Finland, defensiveness

☆ The 'next big thing' in tech will come from these areas, UBS says — naming stocks to play the theme
▼ + stars: | 2024-03-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The "next big thing" in tech will come from sectors such as enabling tech — which includes artificial intelligence and cybersecurity — as well as healthtech, greentech and fintech, UBS said. Here are some names from UBS' list and what it says about each stock. "The medical surgical and neurological business has also returned to strong growth as the pandemic impact fades," the bank said. Broadcom : UBS says that Broadcom boasts a "market-leading" position in semiconductor design. Its greentech picks include French industrial gases and services company Air Liquide , French utility firm Engie , and German chemicals firm Wacker Chemie .

Persons: —, Stryker, ASML, — CNBC's Michael Bloom Organizations: UBS, fintech, Baidu, ASML, Broadcom, 5G, Intercontinental Exchange, Mastercard, Air, Wacker Chemie Locations: Wacker

☆ We're making a small stock sale to add to our newest position in the portfolio
▼ + stars: | 2024-02-06 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

We are buying 85 shares of Abbott Laboratories at roughly $113.91 and selling 60 shares of Procter & Gamble at roughly $158.97. We're making a small swap to add to our newest position in the portfolio. The quarter showed a 4% increase in organic sales, thanks to the consumer staple company's ability to raise prices on its products while also improving volumes. This momentum is expected to continue in 2024, with management forecasting organic sales to grow 8% to 10%. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Abbott, Jim Cramer, Jim Organizations: Abbott Laboratories, Procter, Gamble, ABT, Abbott Labs, GE, CNBC

☆ I went on a trip with my childhood friend. We fought so much that I decided to end the friendship.
▼ + stars: | 2024-01-27 | by ( Emy Rodriguez Flores | ) www.businessinsider.com time to read: +5 min

I thought taking my childhood friend on a trip for New Year's Eve would be a good idea. I decided to end the friendship after the trip. So the three of us went on the trip together, but bitter arguments led to a friendship breakup. The trip started out great, and we all got alongDriving up to Andorra felt like something out of a movie. Until that point during the trip, every conversation would lead back to him, and as her best friend, I felt comfortable enough to give insight.

Persons: —, Tension Organizations: Service, Michelin Locations: Florida, Barcelona, Spain, Andorra

☆ Choosing to live 5 miles from my parents after we had kids was a smart decision. But we've had to work through some big trade-offs.
▼ + stars: | 2024-01-24 | by ( Amber Adrian | ) www.businessinsider.com time to read: +6 min

They have helped us with our kids, but living so close to them has been difficult in some ways. Adrian and her family moved back to her hometown to live near her parents. AdvertisementIn many parts of the world, it's common for adult children to live with or near their parents. When you live — therefore parent — around your own parents, the difficulty of this work is taken to another level. Living near my parents has let me heal deeply and create even more authentic relationships with them.

Persons: —, Beth Berry, I'd, We're, It's, Adrian, it's, didn't, I've, they've Organizations: Service Locations: Spain, Spanish

☆ Big analyst calls on 6 portfolio stocks this week. Here are Wall Street's thoughts and ours
▼ + stars: | 2024-01-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

Wall Street made some big calls on Club stocks to kick off the first week of 2024. Apple Wall Street's take: The new year began with a bang in Big Tech and not in a good way. Apple stock received a rare downgrade from Barclays on Tuesday. We always say about Apple stock "own it, don't trade it." Microsoft, Salesforce Finally, Microsoft and Salesforce were listed as Bank of America's top picks on Friday.

Persons: Here's, IP15, …, Salesforce, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Apple, Big Tech, Barclays, Tuesday, Nvidia, Data Center, Club, Honeywell, Mizuho Securities, Costco Wholesale Deutsche Bank, Costco, Microsoft, Bank, America's, Dow Jones, Dow, CNBC, Traders, New York Stock Exchange, Getty Locations: India, NVDA

☆ Opinion | I Teach the Humanities, and I Still Don’t Know What Their Value Is
▼ + stars: | 2023-12-02 | by ( Agnes Callard | ) www.nytimes.com time to read: +2 min

You might be surprised to learn that this bit of ignorance poses no obstacle to me in the classroom. I suppose it would if I approached the teaching of Descartes as a matter of explaining why reading Descartes will make you a better person, but that is not how I teach Descartes, nor does any philosopher I know teach Descartes in that way. In contrast, defenses of the humanities are not — and cannot be — conducted in an inquisitive spirit, because a defensive spirit is inimical to an inquisitive one. Politicization is a way of arming the humanities for its political battles, but it comes at an intellectual cost. Politicization silences these and other questions, whereas the function of the humanities is to raise them.

Persons: Descartes

☆ Investors should stay in the markets but err on the side of defensiveness, says Adam Hetts
▼ + stars: | 2023-11-13 | 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 EmailInvestors should stay in the markets but err on the side of defensiveness, says Adam HettsAdam Hetts, Janus Henderson global head of multi-asset, joins 'Closing Bell Overtime' to talk his investing playbook, anticipated softening in the economy and more.

Persons: Adam Hetts Adam Hetts, Janus Henderson Locations: defensiveness

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Nike, TJX, Disney, Peloton, Re/Max, Home Depot and more
▼ + stars: | 2023-11-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating on the stock after its 10-K annual report. Morgan Stanley initiated Tal Education as overweight Morgan Stanley said the China education company is defensive. Morgan Stanley names TotalEnergies a top pick Morgan Stanley named TotalEnergies a top pick and says the energy company has "resource depth and resilience." Morgan Stanley reiterates Tesla as overweight Morgan Stanley said in a note Tuesday that Tesla needs to "stop missing numbers" and execute better, but that the firm is sticking with its overweight rating. Morgan Stanley downgrades Re/Max to underweight from equal weight Morgan Stanley said in its downgrade of Re/Max that it sees too many negative catalysts for the real estate company.

Persons: Morgan Stanley, Apple, it's, Edward Jones, Hewlett Packard, PC's, D.A, Davidson, Appian, Wells, Wells Fargo, financials, Tal, EDU, TAL, TotalEnergies, TJX, Goldman Sachs, Tesla, Melius, Morgan Stanley downgrades, Max Organizations: RBC, Home, ISI, Nike, Athletic, UBS, Apple, Citi, Deutsche Bank, TAM, Hewlett, Disney, Tal Education, BP, TJX Companies, Thomson Reuters, Nasdaq, Tesla, Nvidia Locations: Ceridian, China, OW

NEW YORK (AP) — Donald Trump has testified in court as a football owner, casino builder and airline buyer. Trump has testified in court in at least eight trials since 1986, according to an Associated Press review of court records and news coverage. They show clear parallels between Trump as a witness and Trump as a president and current candidate for the office. Trump testified that his $365 million purchase, later approved, would be a “major boost in morale” for employees. In his April deposition, Trump soberly described the presidency as the “most important job in the world” before bragging about saving lives by preventing North Korean dictator Kim Jong Un from launching a nuclear attack.

Persons: — Donald Trump, Trump, Letitia James ’, Eric, Donald Trump Jr, Andrew Amer, Donald J, Roy Cohn, Cohn’s, Mike Tyson, “, ” Trump, Shelly Kulwin, Jacqueline Goldberg, ” Kulwin, you’re, ’ ” Goldberg, ”, He’s, “ Perry Mason, overcharging, James, hyping, it’s, I’ve, Trump soberly, Kim Jong Un, __ Tucker, Jill Colvin, Michael Sisak, Eric Tucker Organizations: Republican, White, Trump, New York, Trump Organization, Associated, New, New Jersey Generals, NFL, Eastern Air Lines, “ Trump, Associated Press Locations: York, New Jersey, Manhattan, Trump, Washington, Atlantic City , New Jersey, New York, Chicago, New York's Westchester County, Florida, Lago, x.com

☆ Opinion: What violent threats against the Jim Jordan holdouts tell us about the GOP
▼ + stars: | 2023-10-21 | by ( Opinion John Avlon | ) edition.cnn.com time to read: +7 min

The failed full-court press to install Republican Rep. Jim Jordan as House Speaker revealed ugly examples of how violent threats are becoming normalized inside Trump’s GOP. According to Rep. Steve Womack of Arkansas, the strategy behind the threats is to “Attack, attack, attack. In the run-up to that attack, members of the Proud Boys even bragged that they could dress up as Antifa. In the next breath, however, he says that the war in Israel creates moral urgency to push through a Jim Jordan speakership. Any sense that this was a random unhinged person without a partisan political agenda was demolished by his demand that the congressman vote for “Jim Jordan or more conservative.” This caller has explicit right-wing ideological demands.

Persons: John Avlon, “, Jim Jordan, Mariannette Miller, Meeks, Jordan, Ken Buck, Colorado, he’d, Steve Womack, “ It’s, —, Jake Tapper’s, ” It’s, bender, That’s, Jim Jordan speakership, doesn’t, ”, Trump, Trump’s, Liz Cheney, Scott Perry, Scott Perry of Pennsylvania, Jake Sherman, Rep, Warren Davidson, Donald Trump’s, Utah Sen, Mitt Romney, Jordan couldn’t Organizations: CNN, Republican, GOP, ”, NBC, Republicans, Capitol, Trump, Rep, Punchbowl News, Ohio, Republican Party, Utah Locations: “ Lincoln, Iowa, Arkansas, Israel, Scott Perry of

☆ Want to retire in 5 years? Here’s how to invest for it, according to the pros
▼ + stars: | 2023-10-16 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +5 min

So, what are the best investment strategies if you are looking to retire in around five years' time? This calls for a much higher exposure to riskier assets like stocks, says Stevenson. Stock/bond/cash split When deciding how to plan assets across stocks, bonds and cash, the pros say an appropriate balance between short-term stability and long-term growth potential is key. For someone in their 50s looking to retire soon, Ward suggests allocating 65%-85% of their assets to stocks and the remaining 15%-35% in bonds. Bullish on Japan, tech plays Within each asset allocation, the importance of diversification should not be overlooked, according to the pros.

Persons: Tom Stevenson, Stevenson, Thomas Poullaouec, Rowe Price, Laith Khalaf, AJ Bell, Fidelity's Stevenson, Fidelity's Stevenson reckons, Judith Ward, Ward, Poullaouec Organizations: Fidelity International Locations: Bullish, Japan, China, Europe

☆ Analysts loved Costco's earnings report—Here's where they say the stock is headed next
▼ + stars: | 2023-09-27 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Lasser also labeled Costco stock as "the gold standard." Bank of America's Robert Ohmes reiterated a buy rating on Costco stock, with a $610 per share price target. Morgan Stanley's Simeon Gutman, meanwhile, restated an overweight rating on Wednesday, accompanied by a $585 per share price target or roughly 6% upside. Goldman Sachs analyst Kate McShane kept a buy rating on Costco stock following Tuesday's quarterly results, but boosted her price target to $603 from $589. He remains neutral on Costco stock with a $530 target price, which is 4% lower than where shares recently closed.

Persons: Costco, Michael Lasser, Lasser, Bank of America's Robert Ohmes, Ohmes, Morgan Stanley's Simeon Gutman, Morgan Stanley, Gutman, Goldman Sachs, Kate McShane, McShane, JPMorgan's Christopher Horvers, Horvers, Citi's Paul Lejuez, Lejuez, — CNBC's Michael Bloom Organizations: Costco, LSEG, 4Q, UBS, Bank of America's Locations: U.S

☆ Morgan Stanley: Buy these 37 stocks that can provide strong growth with a soft landing as well as protection if the market tumbles in a recession
▼ + stars: | 2023-09-19 | by ( Mark Reeth | ) www.businessinsider.com time to read: +4 min

Fears of a recession this spring eventually gave way to confidence that the economy could stick a soft landing. How to invest for the rest of 2023Sentiment has been the driving force behind stock-market gains this year, Wilson wrote. The solution, Wilson wrote, is to gain exposure to both ends of the spectrum. To that end, Wilson compiled 37 stocks that Morgan Stanley analysts are overweight on. All the stocks are among the top 1,000 by market cap, are classified as growth stocks, and have low volatility, as measured by trailing 252-day volatility that is below the market median.

Persons: Morgan Stanley, Mike Wilson, Wilson, homebuilding

Banks now must sacrifice profit to keep customers who are struggling to make repayments on time. Cash profit for the year ended June 30 rose 6% to A$10.16 billion, slightly ahead of analyst forecasts, but CBA put aside $A1.47 billion more in provisions due to "ongoing cost of living pressures and rising interest rates". CBA stopped offering cash payments for mortgage refinancings to lure new borrowers in June, which CEO Matt Comyn said had "weighed on our market share". CBA's mortgage book grew in line with the total market in 2023. The number of borrowers struggling to repay loans, while rising, remained below pre-pandemic levels "but these figures will rise", Comyn said.

Persons: Banks, Matt Comyn, Comyn, Australia's, Byron Kaye, Sameer Manekar, Anil D'Silva, Stephen Coates, Jamie Freed Organizations: CBA, SYDNEY, Commonwealth Bank of Australia, Citi, National Australia Bank, Westpac, ANZ Group, Thomson Locations: COVID, Sydney, Bengaluru

☆ This international stock picker beats the market long term by mastering downside risk
▼ + stars: | 2023-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Now the manager of the Goldman Sachs' International Equity Income Fund (GSTKX) , as a young man Deladerriere was surrounded by farmers and government employees, not investors. Deladerriere sought out companies with good business fundamentals, saying many of the firms he invested in back then have survived and are "actually thriving." One was French energy technology provider Schneider Electric, still a holding in his Goldman fund. He landed a research internship at Goldman Sachs Asset Management, and is now a partner and head of international developed markets equity. Good times and bad In 2012, Deladerriere started managing Goldman International Equity Income, a $1.1 billion fund with a five-star rating from Morningstar.

Persons: Alexis Deladerriere, Goldman Sachs, Deladerriere, Goldman, that's, Morningstar Organizations: International Equity Income, Schneider Electric, Ecole Superieure de Commerce de Paris, Goldman Sachs Asset Management, Goldman International Equity, Morningstar, Vinci, Schneider, Stock, Zurich Insurance Group, Singapore Locations: France, French, Europe, Australasia, London, New York, U.S, Swiss

☆ The US stock market rally is unsustainable, but making these 20 international investments can lead to long-term profits, according to 3 fund managers with over $43 billion in combined assets
▼ + stars: | 2023-06-30 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

International stocks have underperformed for over a decade, while US growth names took off. However, foreign companies have attractive relative valuations and earnings growth. Why foreign stocks are more than just a good dealAnyone bullish on international stocks will almost always point to their valuations relative to US companies. Investors can get downside protection in this uncertain environment by buying international stocks that are high quality and can generate their own growth, Deladerriere said. And in addition to their rising earnings growth, the fund manager noted that the two pay sizable dividends.

Persons: they've, Nick Paul, Paul, Steve Gorham, who's, Gorham, Wes Crill, Crill, isn't, Alexis Deladerriere, Deladerriere, there's, Goldman, haven't, He's, it's Organizations: MFS Investment Management, Value, Vanguard, Index, Yahoo Finance, Dimensional Fund Advisors, Fund, Goldman Sachs International Equity Income, Goldman, Asset Management, Goldman Sachs, Management, HSBC, BNP, Schneider, MFS, Hitachi Locations: Europe, Asia, BlackRock, weightings, Gorham, Japan, London, Paris, Spanish, Ukraine, France, Australia, Taiwan

☆ Investors should ride this market rally to new all-time highs early next year by making these 10 investments now, according to 6 market strategists
▼ + stars: | 2023-06-19 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

If the S&P 500 can avoid a pullback, it could make a push toward its all-time high. Investors who weren't ready for the remarkable stock market rally of the last three months may not have completely missed out yet, according to several strategists Insider recently spoke with. While some top investing minds think this market rally isn't trustworthy, others are confident that the path of least resistance for US stocks is higher. He believes the S&P 500 is more likely to hit new highs in early 2024 than retest its Fall low of about 3,500. The S&P 500 is trading at roughly 19.2x forward earnings, he said, adding that equal-weighted funds have a forward earning ratio of about 15.5x.

Persons: Brad Bernstein, we've, I've, Bernstein, Jason Draho, Bernstein's, Draho, Jack Caffrey, Caffrey, Michael Sheldon, chartmaster David Keller, Keller, who's, David Keller, StockCharts.com, Brian Belski, Sheldon, Belski, that's Organizations: Federal Reserve, UBS Wealth Management, UBS Global Wealth Management, JPMorgan Asset Management, Fed, RDM Financial, BMO Capital Markets, BMO Capital Locations: US

☆ Opinion: Trump backers are going bonkers with dangerous threats
▼ + stars: | 2023-06-12 | by ( John Avlon | ) edition.cnn.com time to read: +8 min

No one will be above the law.”That’s what then-candidate Donald Trump said at a campaign rally in August of 2016. Trump has reached for apocalyptic rhetoric, calling for his supporters to protest at the Florida courthouse when he is arraigned on Tuesday. The threats of violence reflect an authoritarian impulse completely at odds with the alleged principles of the Republican Party and the conservative movement. Here’s the key difference: Trump was not charged for having the classified documents but for willfully trying to hide the documents after the feds enquired. When facts and reason no longer apply, desperate individuals resort to threats of violence.

Persons: John Avlon, “, ”, Donald Trump, Hillary Clinton, Trump, Andy Biggs, Kari Lake, Merrick Garland, Jack Smith, Joe Biden —, That’s, MAGA, Edmund Burke’s, Lincoln, Nikki Haley, Chris Christie, Asa Hutchinson –, –, It’s, Mike Pence, Jonathan Turley, Andrew McCarthy, Bill Barr, Barr, don’t Organizations: CNN, John Avlon CNN, Democratic, Trump, Arizona Republican, Capitol, Arizona GOP, Georgia Republican, NRA, Republican Party, Trump’s Republican, South Carolina Gov, GOP, DOJ, Twitter, Facebook, Washington Post Locations: “ Lincoln, Florida, Arizona, Georgia, Mar, France, Italy, Israel, United States

☆ A Black teen’s murder sparked a crisis over racism in British policing. Thirty years on, little has changed
▼ + stars: | 2023-04-22 | by ( Katie Polglase Sarah El Sirgany Ivana Kottasová Martin Bourke Oscar Featherstone | Katie Polglase | Sarah El Sirgany | ) edition.cnn.com time to read: +14 min

His killing and the subsequent failure of the London Metropolitan Police Service to properly investigate the crime sparked a national outcry. Within days of his killing at a bus stop in southeast London, five White teens were identified as being involved. It took years of campaigning by the Lawrence family — and public support from the likes of Nelson Mandela and the national press — to get the investigation moving. While an initial investigation by then-police watchdog the Independent Police Complaints Commission cleared the police of any wrongdoing, the Rigg family kept fighting. Matthew Brealey/CNNFinding peaceAs the Lawrence family and their supporters mark the 30th anniversary of Stephen’s killing, they are still fighting for his killers to face justice.

☆ Tim Cook uses a 1-sentence mantra to process criticism—without it, he 'wouldn't be able to function'
▼ + stars: | 2023-04-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

When Cook took the helm of the tech giant in August 2011, he faced widespread skepticism that he could effectively fill Steve Jobs' shoes, he recently told GQ. The criticism didn't stop there — Cook has since faced backlash for his pay package, Apple's return to work policy and his idea of innovation. Cook even faced criticism from Jobs himself, according to Walter Isaacson's 2011 biography "Steve Jobs." Cook himself has a net worth of $1.9 billion, according to Forbes — much of that due to Apple's financial success. I think he was a once-in-a-hundred-years kind of individual, an original by any stretch of the imagination," Cook told GQ.

☆ How to deal with a difficult manager and move up at work, according to Ancestry CEO Deb Liu
▼ + stars: | 2023-04-14 | by ( Deb Liu | ) www.businessinsider.com time to read: +13 min

I have been a difficult manager to more than one person in my career, and I have also worked under more than one difficult manager. Some of the managers I found the most difficult to work with were people who others found to be amazing mentors and sponsors. When you've recently changed managers, setting a strong foundation for your working relationship should always be the first thing you do. Many times, you will see a broken manager-direct report relationship due to extremely different work styles. Difficult manager relationships are difficult because they are a meeting of two people who come from entirely different points of view.

Investors may want to look somewhere other than tech for safety, according to Morgan Stanley's Mike Wilson. Tech is the best-performing sector this year, up more than 20% and outpacing the S & P 500 's 7% advance. Recently, tech stocks got a boost after bond yields fell amidst volatility in the banking sector. Morgan Stanley looked for defensive stocks to own in a bear market. His 2023 S & P 500 target of 3,900 is also the third-lowest in CNBC Pro's Market Strategist Survey.

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