DIRS.INFO The most relevant business & tech news

☆ Value investor Bill Nygren thinks financials are cheap. These are his top holdings
▼ + stars: | 2024-05-20 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Don't overlook the the financial sector as the stock market trends higher, according to Oakmark Funds portfolio manager and noted value investor BIll Nygren. The Dow Jones Industrial Average closed above 40,000 for the first time on Friday, while both the Nasdaq Composite and S & P 500 entered Monday after four-week-long rallies. Despite the financial sector outperforming the broader market, banking and consumer finance stocks are cheaper compared to all S & P 500 companies, according to Nygren. The Financial Select Sector SPDR Fund (XLF) , which tracks the S & P 500 financials index, has returned 12.6% in 2024, including reinvested dividends, while the S & P 500 has returned less than 11.8%. His portfolio's top holdings include some of the country's largest banks, such as Citigroup and Wells Fargo , as well as regional banks like First Citizens .

Persons: BIll Nygren, Nygren, CNBC's Organizations: Dow Jones, Nasdaq, Citigroup Locations: Wells Fargo

☆ Why Michael Dell's latest prediction about AI PCs is great news for Best Buy
▼ + stars: | 2024-05-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

AI PCs: We've been talking for months about how the launch of new AI PCs from the likes of HP and Dell and a specialized generative AI keyboard button from Microsoft will start a new PC refresh cycle later this year. We're now seeing a ton of news about AI PCs from Microsoft and Dell. In an interview, Michael Dell told Bloomberg News that AI PCs will be delivered "in volume" this year and will be "pretty standard" by 2025. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, We're, Michael Dell, Jim, Jim Cramer's, Andrew Kelly Organizations: CNBC, Dow Jones, Nvidia, Broadcom, HP, Dell, Microsoft, Bloomberg News, Palo Alto Networks, Keysight Technologies, Home, Jim Cramer's Charitable Locations: Manhattan , New York City

☆ This energy stock and other plays are set to jump the most over the next month, according to an AI model
▼ + stars: | 2024-05-20 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

One AI model that is built to help investors pick winners in the stock market has grown confident in the near-term upside for a mid-sized energy stock. Some of the data sources that feed into the iFi AI model include macroeconomic updates, news articles, fundamental company data and technical trading indicators. The AI model is bullish on more energy stocks than just Marathon, as Southwestern Energy also makes the cut. One potential momentum play from the iFi AI list is Vertiv , whose share price has more than doubled in 2024. The CEO of iFi AI, which launched in March , is CNBC senior analyst and commentator Ron Insana.

Persons: Ai, Ron Insana Organizations: Oil, Southwestern Energy, CNBC Locations: Marathon, LSEG, The Ohio

☆ UK stocks are outperforming the U.S. and one CIO says they look 'very cheap'
▼ + stars: | 2024-05-20 | by ( Katrina Bishop | ) www.cnbc.com time to read: 1 min

U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking "very cheap." The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher. In comparison, the U.S.' S&P 500 is trading around 6% higher over the same period. He gave the example of oil giant Shell trading at a significantly lower price-to-earnings multiple than its U.S. rivals. A low P/E multiple — the ratio of a company's share price to its earnings per share — can indicate that a stock is undervalued.

Persons: Dan Boardman, CNBC's Organizations: BRI Wealth Management Locations: U.S, Weston

☆ Robots and AI are being used to help women get pregnant. Is this the future of IVF?
▼ + stars: | 2024-05-18 | by ( Blake Dodge | ) www.businessinsider.com time to read: +21 min

There, a startup called Conceivable Life Sciences is automating the IVF lab from start to finish. Conceivable Life SciencesEleven women so far have become pregnant with help from one or more of these Conceivable robots. Conceivable Life Sciences"No baby, no fee"Today, IVF demand is surging, despite the treatment being slow, uncertain, and expensive. Conceivable's future IVF lab. Conceivable Life SciencesFrom prayer to AIHalf a continent away, a physician was growing frustrated by the constraints of his job.

Persons: —, robotically, embryologist Jacques Cohen, Cohen, Joshua Abram, Conceivable's, Abram, Lora Shahine, Emma wasn't, Emma, Alan Murray, Murray, — embryologists, that's, Alejandro Chávez, Badiola, REI, didn't, Conceivable's cofounders, Dr, REIs, What's, Langham, Conceivable's cofounders tinker, Tesla, Brian Bixon, Gerardo Mendizabal, Ruiz, Bixon, Carla Patricia Barragan Álvarez, OBGYNs, aren't, Eduardo Hariton, Hariton Organizations: Service, Business, Sciences, BI, New York City, pipettes, Life Sciences, San, Langham Hotel, Quest Diagnostics Locations: Guadalajara, Mexico, New York, Seattle, pipettes, Petri, San Francisco, London, Abram, Mexico City

☆ Two trades to generate some income from outperforming retailers Walmart and Amazon
▼ + stars: | 2024-05-17 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

As we think about the multiple premium afforded to online retailers such as Amazon, Walmart's global eCommerce sales rose 21%. Walmart shares, at 26 times earnings, are value-priced relative to Costco's 46 times earnings. Amazon trade Amazon (AMZN) is growing topline considerably faster. Amazon revenues overtook Costco in 2016, and 2025 could be the first year that Amazon revenues exceed Walmart's. If growth is what you're after buy Amazon.

Persons: eCommerce Organizations: Walmart, Costco, Sam's

☆ Asia markets rise after Wall Street soars on soft inflation data; Japan GDP shrinks
▼ + stars: | 2024-05-16 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: 1 min

The best-performing "Magnificent Seven" stock halfway through the second quarter is Google and YouTube owner Alphabet , up about 14.15%. All four are outpacing the S&P 500, which has risen about 2.1%. By contrast, Microsoft (+0.6%), Tesla (-0.7%) and Meta Platforms (-1%) are all trailing the S&P 500 in the second quarter. The best-performing sector this quarter is the S&P 500 Utilities, up 9.9% and more than twice as much as second-ranked S&P 500 Communication Services, higher by 3.9%. S&P 500 Information Technology (+2.8%) is also outperforming the S&P 500.

Persons: — Scott Schnipper Organizations: Apple, Nvidia, Microsoft, Communication, Real Estate, Health Care

☆ Bank of America says this solar stock is 'firing on all cylinders' and should rally nearly 40%
▼ + stars: | 2024-05-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Nextracker is "firing on all cylinders" after reporting earnings that beat estimates for a fourth straight quarter with a growing backlog of orders, according to Bank of America. Analyst Dimple Gosai raised her stock price target for Nextracker to $64 from $60, implying 39% upside from Wednesday's close. The company builds devices that allows solar panels to track the direction of the sun, which helps improve solar energy efficiency. The company's quarterly revenue of $737 million came in well above Bank of America's estimate of $676 million. Nextracker's stock is up 10% this week, though shares are about flat in 2024.

Persons: Dimple Gosai, Gosai Organizations: Bank of America

☆ These strong performers are still cheap as the S&P 500 hits a fresh all-time high
▼ + stars: | 2024-05-15 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

The S & P 500 and Nasdaq Composite rallied to all-time highs Wednesday as a lighter-than-expected April consumer inflation report fueled investor sentiment. Analysts' consensus price target on United Airlines give the company the highest potential upside of the lot, at roughly 24%. HSBC analyst Achal Kumar recently initiated coverage on Delta alongside peers United Airlines and American Airlines , but named Delta its preferred stock in the sector. Kumar's $72.80 price target suggests 37% potential upside for the stock. The company posted a strong fiscal third-quarter report, which led Benchmark analyst Mark Miller to upgrade shares to buy last month.

Persons: Achal Kumar, Delta, Kumar, Mark Miller, General Motors Organizations: Nasdaq, Dow Jones, CNBC, Delta Air Lines, United Airlines, HSBC, Delta, American Airlines, Western, Automotive, General, Wall Street, Citigroup, Bank of America Locations: Delta

☆ Dell surges 9% on optimism it has secured big AI server orders
▼ + stars: | 2024-05-15 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Dell is seeing accelerating momentum, especially in winning business to build AI servers, unlocking a new bull case for the stock, Morgan Stanley analyst Erik Woodring wrote in a note on Wednesday. "All-in, we are hearing about more AI server momentum at Dell than at any other OEM," Woodring wrote, saying that he expected about $10 billion of AI server revenue in the company's fiscal 2025 — ending next February. Most AI servers are built around Nvidia's chips which have become prized in the technology industry because they are used to build and deploy advanced AI models from companies like Google , OpenAI and Meta . Dell sells servers using the newest Nvidia AI chips, including its H100 GPU and the latest Blackwell-generation chips. But the PC industry is on course to grow again and is outperforming lowered expectations, Woodring wrote, which will benefit Dell.

Persons: Michael Dell, Morgan Stanley, Erik Woodring, Woodring, Wednesday's, Jensen Huang, Huang, Michael, Dell Organizations: Dell Technologies, Mobile, Dell, Hewlett Packard Enterprise, Google, Meta, Blackwell, Nvidia, Microsoft Locations: Barcelona, Spain

☆ Palo Alto nears a key test that could break it out of Wall Street's penalty box
▼ + stars: | 2024-05-15 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Shares of Palo Alto plunged 28% on Feb. 21, a session after the company delivered a more cautious outlook for the rest of 2024. The shift in business strategy requires Palo Alto to give customers its new services and products for free to demonstrate their many benefits. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance 2. The Club is focused on how much industry spend is going to Palo Alto versus competitors, but we're not concerned about demand for the company's offerings. In this photo illustration the Palo Alto Networks logo seen displayed on a smartphone and on the background.

Persons: Morgan Stanley, Sellers, Nikesh Arora, Palo, We'd, it's, PANW, Arora, Jim Cramer, We've, nudging, Stephen Vintz, we're, Jim, Jim Cramer's, Rafael Henrique Organizations: Palo Alto Networks, Wall Street, Palo, Tech, Barclays, Palo Alto, billings, Wall, Alto Networks, UnitedHealth Group, Change, Healthcare, Club, Microsoft, Vans, Corp, Caesars Entertainment, Securities, Exchange, US Fed, CNBC, Networks, Getty Locations: Palo Alto, U.S, Palo, billings, Palo Alto's, Alto

☆ Trading CPI: How stocks could react to Wednesday’s inflation report
▼ + stars: | 2024-05-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Traders at JPMorgan broke down how they expect stocks will react to Wednesday's report, with a focus on core CPI month over month, based on six different scenarios: 40% chance — The reading rises 0.3%-0.35%: This is the most likely outcome, per JPMorgan traders. S & P 500 moves could range between a 0.5% loss and a 1% gain. 10% chance — Core inflation climbs more than 0.4%: The S & P 500 would drop 1.75% to 2.5% under such a hot report, JPMorgan traders think. 7.5% chance — Core CPI gains 0.2%-0.25%: A decline in housing cost increases along with lower core goods prices could make this outcome possible. It would also send the S & P 500 up 1.5% to 2%, JPMorgan traders said.

Persons: Dow Jones, Defensives outperforming Organizations: CPI, Traders, JPMorgan, of Labor Statistics

☆ One auto stock is quietly breaking out as Tesla struggles. Citi sees a double from here
▼ + stars: | 2024-05-14 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Analysts think General Motors will emerge as a bright spot in an automobile industry challenged by a weakening electric vehicle market. But Wall Street firms including Citigroup and Bank of America now think General Motors can strengthen its position in EVs. GM TSLA YTD mountain General Motors stock has outpaced Tesla in 2024. The bank has a buy rating on General Motors with a $96 per share price target, implying 113% upside from Monday's $45.17 close. Murphy's $75 per share price target implies 66% upside over the next 12 months.

Persons: Tesla, Itay Michaeli, John Murphy, GM's, Murphy, Ryan Brinkman Organizations: EV, Elon, Citigroup, Bank of America, General Motors, GM, Wall, Citi, JPMorgan Locations: EVs

☆ JPMorgan's trading desk lays out 6 scenarios for tomorrow's inflation report, and how the stock market will react to each of them
▼ + stars: | 2024-05-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

The Wednesday release of the April CPI report has the potential to shake up the stock market. A cool inflation report would bode well for interest rate cuts from the Fed and vice versa if it's hotter than expected. JPMorgan laid out six scenarios for April CPI and how the stock market could react to each. The coming inflation report is set to market-shaking because it will help investors determine when the Federal Reserve might move forward with interest rate cuts. At the start of the year, the market was pricing in as many as seven interest rate cuts, but that has dwindled to just two rate cuts before year-end.

Persons: bode, —, Defensives outperforming, JPMorgan's Andrew Tyler, Tyler, Immaculate Disinflation Organizations: Fed, JPMorgan, Service, Federal Reserve, China PPI Locations: China

☆ Apple supplier Foxconn's first-quarter profit jumps 72% but misses forecasts
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: +1 min

Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base from the period a year earlier, but the growth was lower than expected. While the profit missed the T$29.31 billion forecast by analysts, it was Foxconn's third consecutive quarterly profit rise. In the first quarter, consumer electronics including smartphones accounted for 48% of its revenue while cloud and networking products, including servers, contributed 28%. Apple's quarterly results and forecast beat modest expectations this month, nd CEO Tim Cook said revenue growth would return in the current quarter. Foxconn's shares have risen 65% so far this year, driven by its rosy AI outlook, far outperforming a 17% gain for the broader market.

Persons: Foxconn, Tim Cook Organizations: Sharp Corp, Hai Precision Industry Co

☆ A software consultant trading stocks on the side is up 318% in 2024. He shares the stock screener he uses to find the trades he makes.
▼ + stars: | 2024-05-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

He was 13 when he first heard about trading stocks. Finally, he filters for volume with the "50-day average volume"— the average number of shares traded daily over 50 days — above 25,000 shares. He had been watching Nvidia's chart since December, and it had a consistent 200-day moving average trend upward. As of January 3rd, it held above its 50-day moving average, bouncing off resistance points around $8.83 and $8.94 with minor pullbacks. The stock had a strong 150- and 200-day average uptrend.

Persons: Leoš, Benjamin Graham's, William O'Neil, Mark Minervini, Norman Zadeh, Mikulka Organizations: Investor's, Gamestop, US, Business, Apple, Nvidia, Mitsubishi UFJ Financial, Holdings Locations: Prague, IBD

☆ The Annoying, Go-Getting Colleague: Beat Her or Emulate Her?
▼ + stars: | 2024-05-11 | by ( Roxane Gay | ) www.nytimes.com time to read: +3 min

Manager 1 and I frequently host trainings, too, but we never thought to brand them and tell the entire organization. Though I am angry she is playing the game better than I am, I don’t want my job to be a game! I prefer to come in and do a good job at my actual job description! But, with all the visibility she earns, I am beginning to feel like the work of my actual job isn’t what matters. There are ways of “playing the game” that don’t feel like you’re playing the game.

Persons: ”, You’re, —

☆ Portfolio manager names 3 under-the-radar growth stocks to buy right now
▼ + stars: | 2024-05-10 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

One investor says growth stocks still offer opportunities — but it's time to get selective. "Growth stocks will continue to outperform value stocks, generally speaking. Growth stocks are expected to grow rapidly, but do not pay out dividends and are often often more expensive than so-called value stocks. When considering which stocks to buy, Coons stressed the importance of valuations. "I would stay away from growth stocks outperforming because of story and invest in those with real revenue and earnings growth."

Persons: Adam Coons, Coons, PayPal Holdings Coons, " Coons, Moody's Organizations: Winthrop Capital Management, CNBC Pro, PayPal Holdings, PayPal, C Technologies, SS Locations: Coons

☆ Ron Insana: A key market indicator is flashing a warning signal about the economy
▼ + stars: | 2024-05-09 | by ( Ron Insana | ) www.cnbc.com time to read: +3 min

The Dow Industrials represent the productive capacity of the economy, as its original focus was on the goods-producing sector. Over recent decades, the 30-stock Dow Industrials has been expanded to include important tech, telecom and services companies. The Dow Transports, whose constituents move goods and passengers across the country and around the globe, represent final demand. .DJI .DJT YTD line The Dow Industrials vs. Dow Transports in 2024 At the moment, the divergence is relatively mild. The Dow Theory might still have the benefit of experience and wisdom.

Persons: Dow Industrials, that's, it's, Ron Insana Organizations: Dow, Dow Jones Industrial, Dow Jones Transportation, Dow Transports, Transports, Utilities, Dow Theory, Federal Reserve, CNBC Locations: U.S

Connected fitness company Hydrow, which Peloton once tried to buy, is growing sales and has acquired a majority stake in strength training company Speede Fitness as gymgoers move away from cardio exercises in favor of weights, the company told CNBC on Thursday. It said it acquired Speede Fitness so it can expand into strength training, one of the fastest-growing segments in fitness today. Hydrow's acquisition and sales growth come as Peloton, which is credited with creating the connected fitness market, struggles to turn around a slowing business. Hydrow's delivered unit sales for its connected rowing machine jumped 23% this year from the year-ago period. Peloton debuted its rowing machine, the Peloton Row, in September 2022, but has done little to advertise or highlight the $3,000 machine.

Persons: Hydrow, Bruce Smith, John Stellato, Smith, Travis Kelce, Justin Timberlake, Thomas Fitzgerald, Hydrow's Organizations: CNBC, Kansas City Chiefs

☆ BlackRock shifted billions into this active ETF. Here’s why it matters to regular investors
▼ + stars: | 2024-05-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

A small tweak in BlackRock's model portfolio turned a sleepy fund into one of the market's fastest growing active ETFs overnight. BlackRock added the U.S. Equity Factor Rotation ETF (DYNF) to its target allocation model portfolio in mid-March. The growth of DYNF sits at the center of two broader trends — rapid growth of model portfolios and the proliferation of active ETFs. Model portfolios are strategies offered by asset managers to investors and financial advisors. Meanwhile, model portfolios that want to add active management may not be able to add the best-performers in a category.

Persons: Michael Gates, DYNF, financials, Berkshire Hathaway, Morningstar, Elisabeth Kasner, Kasner, It's Organizations: U.S, Equity, BlackRock's, Stock Market, Microsoft, Nvidia, Berkshire Locations: BlackRock, DYNF

☆ AI 'pilots' are getting so good they're sometimes beating humans in dogfights
▼ + stars: | 2024-05-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Some AI-controlled fighter jets are outperforming human pilots in dogfights, per the AP. The outlet witnessed an hourlong experimental flight at the Edwards Air Force Base in California. The Air Force is reportedly planning a fleet of more than 1,000 AI-enabled unmanned warplanes. AdvertisementSome AI-controlled F-16 fighter jets are already outperforming human pilots in dogfights, according to a report from the Associated Press. The US Air Force has been actively exploring AI, which has been cited as a transformative technology for military action globally.

Persons: —, Frank Kendall, Kendall Organizations: Edwards Air Force Base, The Air Force, Service, Associated Press, AP, Air Force, Business, US Air Force, Industry, IDF Locations: dogfights, California, Israel

☆ Inside the Growing Alarm Over Blackstone's BREIT Real-Estate Fund
▼ + stars: | 2024-05-07 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +23 min

Investors in Blackstone's real-estate fund asked for their money back in droves — more than $15 billion to date. Unless the real-estate market comes roaring back, analysts warn, BREIT could end up shrinking to a fraction of its current size, leaving the fund's investors holding the bag. Only 3% of BREIT's holdings are in office buildings, which have been ground zero for commercial real estate pain. Advertisement"Not all real estate is created equal," BREIT boasted in a recent letter to stockholders, "and where you invest matters." "Commercial real estate is a slow burn," Brian Moynihan, the CEO of Bank of America, recently observed.

Persons: Blackstone, —, BREIT, REITs, Steve Schwarzman, Jeenah, Nate Koppikar, Craig McCann, BREIT's, Chilton, McCann, McCann, Horacio Villalobos, That's, Donald Trump, Robert Chang, Schwarzman, Michael Blackshire, Phil Bak, Stephen Schwarzman, Shannon Stapleton, Brian Moynihan, it's, It's Organizations: BREIT, Orso Partners, Securities Exchange Commission, Blackstone, SEC, Chilton Capital Management, SLCG Economics Consulting, Publicly, University of California, Regents, Armada Investors, Reuters, Bank of America Locations: BREIT, Lisbon, Fideres

☆ How a strained consumer 'plays right into' the hands of this discount retailer
▼ + stars: | 2024-05-07 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

"That all really kind of plays right into Ollie's hands." Her $92 price target implies about 17%% upside from Monday's close. The average analyst has a buy rating and target for shares suggesting upside of more than 12%, according to LSEG. Ollie's shares are lagging the broader market in 2024 with a gain of almost 5% versus the S & P 500's 9% gain. OLLI 1Y mountain Ollie's shares over the past 12 months.

Persons: Anthony Chukumba, it's, Price, Melanie Nuñez, Ollie's, Nuñez, Chukumba, OLLI, Truist's Scot Ciccarelli, Ciccarelli, TJ Maxx, BofA's Nuñez, Chukumba's, FirstCash Organizations: Capital, Federal, Amazon, Walmart, Bank of America, Wall, Ross Locations: McDonald's, Harrisburg , Pennsylvania, Monday's, Ollie's

☆ Three things investors probably don’t know, but should
▼ + stars: | 2024-05-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Arone spoke with Before the Bell to outline three things about markets right now “that investors should know, but probably don’t.”1. You write that investors might be surprised to hear that small- and mid-cap stocks have outperformed large-cap stocks over the past five months. Why do you think that’s surprising, and what does it say about markets? Most investors think that the S&P 500 has been outperforming everything else, largely dragged up by the performance of the Magnificent 7 (Amazon, Tesla, Alphabet, Meta, Apple, Microsoft and Nvidia). The big beneficiaries of that, I think, would be a surprise for most investors — those mid-cap stocks and small-cap stocks.

Persons: ”, Michael Arone, Arone, That’s, that’s, Jerome Powell, I’m, Warren Buffett, Berkshire Hathaway, Charlie Munger, Buffett, Greg Abel, Ajit Jain, Munger’s, Read, Parija Kavilanz Organizations: New, New York CNN, Wall, Federal Reserve, Bell, Apple, Microsoft, Nvidia, Treasury, Fed, Berkshire Hathaway, Oracle, Ikea Locations: New York, Berkshire, Woodstock, Nebraska, Omaha

Search resuls for: "outperforming"

25 mentions found