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CNN —British kayaker Bren Orton is missing after an accident on the Melezza River in Switzerland last week. The 29-year-old was kayaking with a group close to the Swiss-Italian border when he “became trapped in a recirculating feature and did not resurface,” Pyranha, the manufacturer of Orton’s kayaks, said in a statement. “Authorities and friends are tirelessly continuing their search efforts, and at this time, Bren is considered missing,” the statement added. Former competitive kayaker James Reeves paid tribute to Orton’s life and career, writing on Facebook: “Every few years we seem to lose a friend to our sport. “Bren Orton was an incredible human.
Persons: Bren Orton, , ” Pyranha, Bren, , , Orton, he’s, James Reeves, “ Bren Orton Organizations: CNN, , Ticino Police, Cantonal Police, Ascona Police, Valli Ambulance, Facebook Locations: British, Switzerland, Swiss, Ticino, Lake Maggiore
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings remain 'key catalyst' that will keep bull market going, says Raymond James' Matt OrtonMatt Orton, chief market strategist at Raymond James Investment Management, joins CNBC's 'The Exchange' to discuss what he's paying attention to this earnings season, small cap winners, and more.
Persons: Raymond James, Matt Orton Matt Orton Organizations: Raymond James Investment Management
Several investors have been looking favorably at Japanese stocks in the past few months, and market strategist Matt Orton is no exception. "Japan overall, has been a fantastic market ... Japan was the top performer within the Asian equity market complex," the chief market strategist at asset management firm Raymond James Investment Management told CNBC's " Squawk Box Asia " on April 1. One stock that stands out to Orton is Sumitomo Mitsui Financial Group . Of the 14 analysts covering the stock, 10 give it a buy or overweight rating, while four have a hold rating, according to FactSet data. Analysts' average price target for the stock is 9,537.50 Japanese yen ($62.89), giving it around 11% potential upside.
Persons: Matt Orton, Raymond James, CNBC's, levered, they've, Orton Organizations: Raymond James Investment Management, Japan's Nikkei, Tokyo Exchange, Orton, Sumitomo Mitsui Financial Group, Sumitomo Locations: Japan, Tokyo, Indonesia, India, Vietnam, Philippines
CNBC Daily Open: Fights in the House of Mouse
  + stars: | 2024-04-02 | by ( Clement Tan | In Clemtan | ) www.cnbc.com   time to read: +2 min
Actors dressed as Walt Disney characters Mickey Mouse (left) and Minnie Mouse (right) perform during a press preview for the "Minnie Besties Bash!" This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rumbling signs of lifeThe IPO market in the U.S. is showing signs of revival after more than two years. CNBC previously reported that United would pause pilot hiring this spring for the same reason.
Persons: Walt Disney, Mickey Mouse, Minnie Mouse, Minnie Besties, Jerome Powell's, Slack, Matt Orton Organizations: Tokyo Disneyland, CNBC, Dow Jones, Nasdaq, European Commission, United Airlines, Boeing Locations: Tokyo, Urayasu, Japan, U.S
Market strategist Matt Orton sees promise in small-cap stocks this year, naming four under-the-radar companies he is bullish on right now. Year-to-date, the Russell 2000 , the benchmark for small-cap stocks, has been up nearly 5.2% despite having a tough start to 2024. Small-cap players in the U.S. stand out as "very, very attractive" right now, he said, naming Vertiv Holdings and CyberArk as two companies on his radar. The market strategist remains confident on the stock, noting that "just because it is up, doesn't mean you don't want to own it." CyberArk The market strategist also has his eye on the cybersecurity space.
Persons: Matt Orton, Orton, Raymond James, CNBC's, Russell Organizations: Raymond James Investment Management, Vertiv Holdings, Vertiv Holdings Vertiv Holdings Locations: 2H24, U.S
Investors should disregard concerns over high valuations and focus on growth in what is now a "stockpicker's market," according to Matt Orton, chief market strategist at Raymond James Investment Management. The S&P 500 closed out a two-week losing streak on Friday, but Orton told CNBC that stock market gains are broadening and brief pullbacks should be used "opportunistically." Much of the significant rally over the last 18 months has been driven by the so-called "Magnificent 7" megacap tech stocks, but they have begun to diverge. "We're back to a stockpicker's market – idiosyncratic risk is finally being rewarded again and that, to me, is most important. It means that you have the opportunity to diversify your portfolio and actually lean into what works and lean out of what's not," Orton told CNBC's "Squawk Box Europe" on Monday.
Persons: Matt Orton, Orton, Tesla, CNBC's Organizations: Raymond James Investment Management, CNBC, Apple, Microsoft, Nvidia
'We're back to a stock picker's market,' Raymond James says
  + stars: | 2024-03-18 | 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 Email'We're back to a stock picker's market,' Raymond James saysMatt Orton, chief market strategist at Raymond James Investment Management, says the market has stabilised such that "the fundamentals matter again" and investors can be rewarded for individual stock selection.
Persons: Raymond James, Matt Orton Organizations: Raymond James Investment Management
Investors now expect that the Fed will begin easing back rates in May or June, according to the CME FedWatch Tool. Before the Bell: What does the Fed’s signal that it won’t cut rates in March mean for markets? I think what’s important for the markets themselves is the fact that the Fed has signaled they’re going to cut rates. So, they’re going to cut rates at some point this year, probably May or June is going to be the first cut that we get. There’s a lot of areas where your earnings … start to reaccelerate higher, and that’s a good thing.
Persons: Stocks, Jerome Powell, Bell, Matt Orton, I’ve, We’re, it’s, Matt Egan, Read, Price Organizations: CNN Business, Bell, New York CNN, Investors, Fed, Raymond James Investment Management, The Conference, Conference, Avis Budget Group, Hasbro, Cola, Molson Coors, The, Labor Statistics, Kraft, Heinz, The Commerce Department, National Association of Home Builders, University of Michigan Locations: New York, Wells Fargo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe S&P 500 is no longer a good barometer for the average stock, strategist saysMatt Orton, chief market strategist at Raymond James Investment Management, discusses the investment outlook and explains why he believes the S&P 500 is no longer a good barometer for the average stock.
Persons: Matt Orton Organizations: Raymond James Investment Management
2023 wasn't a good year for the health-care sector, but some investors expect it to make a comeback this year — highlighting biotech and medical tech as areas to watch. But now, Citi believes that "astute investors may find themselves with a trove of rebound opportunities." Citi's top picks in biotech include Biomea Fusion , Alnylam Pharmaceuticals , and Immunovant . Jared Holz, health-care sector strategist at Mizuho Securities Americas, named biotech firm Biogen as one of his top trading ideas for 2024. "Biotech has commanded everyone's attention, but the recovery of many best-in-class medical device companies post the GLP-1 selloff has been remarkable," Orton said.
Persons: There's, Jared Holz, Biogen, Trent, medtech, Matt Orton, Orton Organizations: Citi Global Wealth Investments, U.S . Healthcare, Citi, Biomea, Alnylam Pharmaceuticals, Mizuho Securities Americas, Biogen, medtech, Raymond James Investment Management, Medical, Biotech, Abbott Laboratories Locations: U.S, Alphinity, medtech
How to watch WWE Survivor Series live streams from anywhereYou can use a VPN to watch Survivor Series live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Survivor Series in the UKTNT Sports Box Office will show Survivor Series in the UK via providers Sky, Virgin Media, and BT TV. How to watch WWE Survivor Series in CanadaSurvivor Series will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Survivor Series in AustraliaBinge is the primary destination for Survivor Series in Australia. WWE Survivor Series match cardHere's a schedule of all the matches taking place at Survivor Series.
Persons: showdowns, Randy Orton, Cody Rhodes, Seth Rollins, Sami Zayn, Asuka, Baily, Iyo, Bianca Belair, Charlotte Flair, Becky Lynch, We'll, Peacock, Canada's, It's, ExpressVPN, NBC Peacock, you've, Randy Orton Cody Rhodes, Finn Balor, Dominik Mysterio, JD McDonagh, Damian Priest, Drew Mcintyre, Bayley, Kairi Sane, Rhea Ripley, Zoey Stark, Gunther, Carlito, Santos Escobar Organizations: WWE Survivor, Games, Jey Uso, Damage, Survivor, WWE, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Canada Survivor, Sportsnet, Survivor Series, Men's, Uso, Women's, Miz Locations: Chicago, United States, Australia, Canada, Shotzi
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan is the one place investors can be rewarded for leaning into value stocks: Raymond James IMMatt Orton of Raymond James Investment Management says investors "have not missed the rally" in Japanese equities, explaining that there is value to be found in financial and industrial conglomerates.
Persons: Raymond James, Matt Orton Organizations: Japan, Raymond James Investment Management
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're at a point where it 'makes sense to start buying the dip', says Raymond James' Matt OrtonAdam Crisafulli, Vital Knowledge founder and Matt Orton, Raymond James chief market strategist, join 'Closing Bell Overtime' to talk the day's market action.
Persons: Raymond James, Matt Orton Adam Crisafulli, Matt Orton Organizations: Vital Knowledge
Matt Orton, chief market strategist at Raymond James Investment Management, was the latest to urge investors to "strategically add" to small-cap stocks right now. Tom Ognar, senior portfolio manager at Allspring Global Investments, said small- and mid-cap stocks look the "most incrementally interesting" among growth stocks. "We're very attuned to the valuation discounts currently being afforded to small- and mid-cap stocks after protracted periods of underperformance relative to large-cap stocks," he said. It screened for the best small-cap stocks to play an economic recovery. RBC Capital Markets also released, in a September note, an updated list of what it called "high conviction" U.S. small-cap growth recommendations.
Persons: Matt Orton, Russell, CNBC's, Orton, Tom Ognar, Ognar, CNBC'S, Valvoline, it's, — CNBC's Michael Bloom Organizations: Raymond James Investment Management, Allspring Global Investments, . Bank of America, Microsystems, Technologies, RBC Capital Markets, Automotive, RBC, Clearwater Analytics, Clearwater, Xenon Pharmaceuticals
Tech giant Alphabet is "the cheapest" of all the mega-cap names, according to Matt Orton, chief market strategist at Raymond James Investment Management. With the U.S. consumer "holding up well," its ad-driven revenues are "incredibly strong," he told CNBC's " Street Signs Asia " on Monday. "That's probably the cheapest by far — the cheapest of all the mega-cap names, and so I think there's a lot of durability to Alphabet," he concluded. Orton said what's "most exciting" about Alphabet is the long-term artificial intelligence opportunity, adding that the tech giant is underappreciated in that regard. Alphabet versus Microsoft Alphabet and Microsoft will be the two long-term winners in AI, according to Orton.
Persons: Matt Orton, CNBC's, Orton, That's, what's Organizations: Raymond James Investment Management, Google, Microsoft Locations: Office360
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet has better AI product than anything else on the market: StrategistMatt Orton of Raymond James Investment Management explains why Alphabet is his top pick when it comes to investing in AI.
Persons: Matt Orton, Raymond James Organizations: Raymond James Investment Management
‘The Fraud’ Review: Zadie Smith’s Trial by Fiction
  + stars: | 2023-09-02 | by ( Sam Sacks | ) www.wsj.com   time to read: +1 min
Tichborne’s grief-stricken mother immediately embraced this man as her son, despite major inconsistencies in his story. Tichborne had spoken fluent French; this man, whom investigators hired by others in the Tichborne family discovered to be an Australian butcher named Arthur Orton, didn’t know a word. Tichborne had been of average size; this man was enormously overweight. Even so, as the dispute was sensationalized by the press, public opinion became hotly divided along class lines, with many of London’s poor taking up Orton’s cause. The passionately debated trials that followed—first in civil court and then in criminal court, where Orton, by now a celebrity, was sentenced to prison for perjury—were among the lengthiest in the history of English law.
Persons: Tichborne, , Roger Tichborne, Arthur Orton, didn’t, , Orton Locations: England, Australian
Core inflation is rising in the U.K. while falling in other big economies like the U.S. WSJ’s Anna Hirtenstein explains why, and how it affects Prime Minister Rishi Sunak’s goal of halving inflation by the end of 2023. Illustration: Daniel Orton/WSJLONDON—The Bank of England on Thursday raised its key interest rate for the 14th time in a row, and said it may do so again as it tries to cool the fastest rise in consumer prices in the Group of Seven advanced democracies.
Persons: WSJ’s Anna Hirtenstein, Rishi Sunak’s, Daniel Orton Organizations: Bank of England, Seven Locations: U.S
All the King’s Presidents: The Power of Soft Diplomacy President Biden is the first U.S. leader King Charles III has met since ascending the throne, but Britain’s new monarch has a long history with presidential get-togethers, using them to strengthen U.S.-U.K. ties and advance his own causes. Photo Composite: Daniel Orton
Persons: Biden, King Charles III, Daniel Orton Organizations: Soft Diplomacy Locations: U.S
The Hiring Boom Is Hiding a Recession Signal
  + stars: | 2023-07-20 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
All the King’s Presidents: The Power of Soft Diplomacy President Biden is the first U.S. leader King Charles III has met since ascending the throne, but Britain’s new monarch has a long history with presidential get-togethers, using them to strengthen U.S.-U.K. ties and advance his own causes. Photo Composite: Daniel Orton
Persons: Biden, King Charles III, Daniel Orton Organizations: Soft Diplomacy Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe consumer remains in 'good shape' which will support earnings, strategist saysMatt Orton, chief investment strategist at Raymond James, discusses banking results and why he doesn't think there will be an "earnings apocalypse."
Persons: Matt Orton, Raymond James
All the King’s Presidents: The Power of Soft Diplomacy President Biden is the first U.S. leader King Charles III has met since ascending the throne, but Britain’s new monarch has a long history with presidential get-togethers, using them to strengthen U.S.-U.K. ties and advance his own causes. Photo Composite: Daniel Orton
Persons: Biden, King Charles III, Daniel Orton Organizations: Soft Diplomacy Locations: U.S
All the King’s Presidents: The Power of Soft Diplomacy President Biden is the first U.S. leader King Charles III has met since ascending the throne, but Britain’s new monarch has a long history with presidential get-togethers, using them to strengthen U.S.-U.K. ties and advance his own causes. Photo Composite: Daniel Orton
Persons: Biden, King Charles III, Daniel Orton Organizations: Soft Diplomacy Locations: U.S
How the Consumer-Price Index Measures Inflation
  + stars: | 2023-07-13 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
All the King’s Presidents: The Power of Soft Diplomacy President Biden is the first U.S. leader King Charles III has met since ascending the throne, but Britain’s new monarch has a long history with presidential get-togethers, using them to strengthen U.S.-U.K. ties and advance his own causes. Photo Composite: Daniel Orton
Persons: Biden, King Charles III, Daniel Orton Organizations: Soft Diplomacy Locations: U.S
Core Inflation Is Rising in the U.K. While Falling Elsewhere. Here’s Why. Core inflation is rising in the U.K. while falling in other big economies like the U.S. WSJ's Anna Hirtenstein explains why, and how it affects Prime Minister Rishi Sunak’s goal of halving inflation by the end of 2023. Illustration: Daniel Orton/WSJ
Persons: WSJ's Anna Hirtenstein, Rishi Sunak’s, Daniel Orton Locations: U.S
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