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☆ 'Halftime Report' traders name stocks to play this resilient economy
▼ + stars: | 2023-02-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Companies that will benefit from a resilient economy are among the names that caught the eyes of Wall Street and the CNBC "Halftime Report" traders on Wednesday. While investors focused on the latest earning reports, which weighed on the market, there were several upgrades by Wall Street analysts of stocks the "Halftime Report" traders own . He called the Wall Street investment bank a high quality company at an attractive price. Wells Fargo analyst Mike Mayo is in agreement, boosting his price target to $420 a share from $390. Another name Lebenthal owns is Delta Air Lines , which was upgraded by Redburn to buy from neutral on Wednesday.

☆ Factbox: Tech firms, Wall Street titans lead job cuts in corporate America
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +8 min

REUTERS/Lucy Nicholson/File PhotoFeb 8 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out a global economic downturn. Here are some of the job cuts by major American companies announced in recent weeks. TECHNOLOGY, MEDIA AND TELECOM SECTORIBM Corp (IBM.N):The software and consulting firm said it will lay off 3,900 employees. read moreMicrosoft Corp (MSFT.O):The U.S. tech giant said it would cut 10,000 jobs by the end of the third quarter of fiscal 2023. MANUFACTURING SECTOR3M Co (MMM.N):The industrial conglomerate said it would cut 2,500 manufacturing jobs after reporting a lower profit.

☆ Time series data startup InfluxData, used by Tesla and IBM, just raised $81 million in debt and equity with this 19-slide pitch deck
▼ + stars: | 2023-02-08 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Time series data startup InfluxData has raised $81 million in debt and equity. We got an exclusive look at the 19-slide pitch deck InfluxData used to raise the fresh funds. A startup that provides time series data analytics for the likes of Tesla, Cisco, and IBM has raised $81 million in a mix of debt and equity. Time series data refers to information gathered from sources ranging from temperature sensors to high-frequency trading data. In addition, the company has brought in a $30 million debt facility from Silicon Valley Bank.

☆ We're trimming a tech heavyweight to buy more of these two high-quality stocks
▼ + stars: | 2023-02-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Companies everywhere are trimming IT budgets to save on costs and that limits Cisco's ability to get the new orders. We are taking a little more than half of those CSCO dollars and buying some Eli Lilly . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Check out the 10-page pitch deck a new adtech startup used to raise $8 million to help influencers and film studios power product placement with AI
▼ + stars: | 2023-02-07 | by ( Ryan Joe | ) www.businessinsider.com time to read: +3 min

The new adtech company Rembrand uses AI to digitally place products in videos. Product placement is a fast-growing part of the marketing landscape, with spend estimated at $26.2 billion in 2022. The first is through an ad network for product placement in influencer videos. Advertisers will run a product placement campaign and Rembrand's technology will place that product in influencer videos across its network. The $8 million Rembrand raised will provide it with about two years of runway, Tawakol said.

☆ Bernstein says tech stocks could face another lost decade
▼ + stars: | 2023-02-06 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

After outperforming by 8.6% on average every year for the previous eight years, tech performance reversed dramatically in 2022. That could mean tech is entering a new period of tepid growth, Toni Sacconaghi, senior research analyst at Bernstein, said in a note Monday. "We worry that relative stock performance for tech over the next several years risks being more muted, akin to the lost decade following the tech bubble bursting," he said. But as in the "lost decade," the market found fresh leaders to drive the next big rally in tech and it may need to do so again in this new period, Sacconaghi said. "And it took time for a new era of tech leaders to emerge."

☆ Jim Cramer's Investing Club meeting Monday: Fed speech, Caterpillar, Cisco
▼ + stars: | 2023-02-06 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. (Jim Cramer's Charitable Trust is long CAT, CSCO, QCOM. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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.

☆ Here’s our February rapid-fire update on all 34 stocks in Jim Cramer’s Investing Club portfolio
▼ + stars: | 2023-02-05 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +12 min

Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the holdings we manage in the CNBC Investing Club. J & J is a good stock to get into ahead of the impending split into two companies: consumer brands and pharma/medical technology. The company reported a good quarter and guidance, while fundamentals are solid ahead of the split. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Looking beyond FAANG: Here's how the Club portfolio lines up with the Dow's workhorse stocks
▼ + stars: | 2023-01-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

Think most of the stocks in the Dow Jones Industrial Average or the kind of stocks Warren Buffett loves to own for Berkshire Hathaway ." But in the near term, we still favor stocks of companies that are the backbone of the real economy. Dow Inc (DOW): The materials company we own in the portfolio is industrial gas giant Linde (LIN). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ This app lets Silicon Valley workers commiserate about layoffs in secret
▼ + stars: | 2023-01-31 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +8 min

Blind members verify that they work at a particular company by signing up with a work email address. Now, Blind is filled with posts from workers comforting each other about how to get through periods of unemployment. (Some tech workers have also lamented the pay cut they’d have to take by switching industries.) “We just all realized that there’s a need for communication that is kind of independent of company control,” Kim said. While Blind is not exclusively for tech workers, it has become incredibly popular in the industry amid the recent turmoil.

☆ The best company for growing your career, according to research: ‘Less than 5%’ of roles require a bachelor’s
▼ + stars: | 2023-01-31 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Data research company the Burning Glass Institute, Harvard Business School and the Schultz Family Foundation recently ranked the 250 biggest U.S. public companies in terms of this kind of investment. Of all of the companies they surveyed, one stood out as the best place to grow your career: telecommunications giant AT&T. "In fact, less than 5% of all roles at AT&T require a college degree." "Additionally, of the roughly 45,000 roles we filled across the business in 2022, nearly 50% were filled by existing employees." Check out:The 10 best U.S. places to work in 2023, according to GlassdoorWant to land a remote job in 2023?

☆ I made more than $877,000 in revenue last year selling emotional-intelligence card games online. Here's how I built my business.
▼ + stars: | 2023-01-27 | by ( Vartika Puranik | ) www.businessinsider.com time to read: +8 min

Jenny Woo is the founder of Mind Brain Emotion, which sells emotional-intelligence card games. But in 2018, I quit my job at the Montessori school and founded my company, Mind Brain Emotion, where I sell practical card games on emotional intelligence. I used Amazon Ads to bid on keywords that consumers used to search for similar productsA bid is the amount of money you're willing to spend toward a keyword or advertisement. I did more market research between fall 2018 and February 2019, and another card deck was born, 52 Essential Relationships, in March 2019. I went backward to move forward in my business because I recognized that in order to have genuine conversations, trust and understanding are prerequisites.

☆ Yellen lauds Ford's 100-year history in South Africa, flags more investments
▼ + stars: | 2023-01-26 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

REUTERS/Siphiwe SibekoSILVERTON, South Africa, Jan 26 (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday lauded the Ford Motor Co's 100-year history of assembling vehicles in South Africa and underscored Washington's resolve to expand trade ties with countries that it "can count on," including South Africa. About 600 U.S. companies operate in South Africa, employing about 220,000 people and generating revenue equivalent to about 10% of South Africa's entire gross domestic product, U.S. Ambassador to South Africa Reuben Brigety said at the event. As in her comments to South Africa's finance minister earlier on Thursday, Yellen did not address South Africa's refusal to take sides over Russia's war in Ukraine or Washington's concern over military exercises it plans with China and Russia. That includes our many trusted trading partners on this continent — like South Africa."

☆ Microsoft’s revenue sniffles are tech’s flu
▼ + stars: | 2023-01-24 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 24 (Reuters Breakingviews) - Microsoft’s (MSFT.O) revenue growth rarely falters. Microsoft’s revenue from computer manufacturers for installing the Windows operating system fell 39%. And companies looking to cut costs will delay, or kill, IT projects, which will hit even Microsoft’s fastest-growing units. Microsoft’s revenue sniffles, however, probably signal bigger problems for tech firms that sell less essential goods to consumers and firms. Follow @rob_cyran on TwitterloadingCONTEXT NEWSMicrosoft said on Jan. 24 that revenue for the quarter ending Dec. 31 was $52.7 billion.

☆ Meet Jesse Cohn, the hedge fund wunderkind building a campaign on Salesforce
▼ + stars: | 2023-01-23 | by ( Casey Sullivan | Bradley Saacks | ) www.businessinsider.com time to read: +10 min

One of the key players behind the campaign is 42-year-old Jesse Cohn, Paul Singer's right-hand man. Hedge fund Elliott Management has taken a multi-billion dollar stake in Salesforce, as the tech company deals with layoffs and a management shake-up. And Cohn, one of Elliott's chief agitators, has emerged as quarterback, announcing his respect for co-CEO Marc Benioff in a statement. "He said, 'Hey, let me talk to you,'" Knowles told BI in 2019. He had the files laid out on a conference-room table when the board met with Cohn in Elliott's New York office.

☆ I coach workers at Amazon and Google through layoffs. Here's what I tell those who've been let go and those left behind.
▼ + stars: | 2023-01-23 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

Alisa Cohen has coached tech workers at companies like Google and Amazon. More than 50% of my career-coaching clients work in Big Tech, and another 30% are in B2B SaaS or e-commerce. I'm seeing some large tech companies like Google and Meta offering 10 to 16 weeks of base salary plus one to two weeks for each additional year worked. I coach job seekers to consider if the work environment, leadership, and culture are aligned with their values. I coach clients to connect their actions to their results — and importantly, to communicate the value they've added and impact they've made.

☆ Breakingviews: Layoffs take Big Tech back to more modest future
▼ + stars: | 2023-01-20 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 20 (Reuters Breakingviews) - Alphabet’s (GOOGL.O) plan to cut 12,000 jobs adds to the sense that U.S. technology firms are preparing for a more modest future. Tech firms based in the United States announced over 97,000 job cuts in 2022 according to consulting firm Challenger, Gray and Christmas, the most since the dot-com crash. Moreover, new job postings fell sharply at the end of 2022, according to trade group CompTIA. If all tech firms did the same, that would leave employment at 4.2 million, or about 5% larger than it was at the end of 2019. loadingCONTEXT NEWSAlphabet plans to eliminate about 12,000 jobs, according to a memo seen by Reuters on Jan. 20.

☆ Jefferies says disinflation will be the big driver of 2023 — 20 stocks to play the trend
▼ + stars: | 2023-01-20 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Disinflation — not inflation — will be a key driving force in the economy this year, according to Jefferies. Therefore, investors can find winners this year by looking at the stocks with a positive correlation to inflation cooling down. Jefferies looked at changes in inflation expectations and which equities had the highest correlation to those changes. So Jefferies reasons that these stocks will have the most to gain this year as disinflation takes over. Jefferies gave clients a list of names it believes are quality stocks trading at reasonable prices.

☆ Here's our January rapid-fire update on all 34 stocks in Cramer’s Charitable trust portfolio
▼ + stars: | 2023-01-19 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. As much as we'd like to maintain a bigger position in this roughly $472 stock, we're refraining from violating our cost basis of $291.52. ( See here for a full list of the stocks in Jim Cramer's Charitable Trust portfolio.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ These are the most important executives who joined Google Cloud in 2022 — and the ones who left
▼ + stars: | 2023-01-19 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +10 min

Below is a list of the key executives who left Google Cloud in 2022 — and the most important new hires. At Google Cloud, Gearhart was responsible for the Google Cloud Platform and Google Workspace channel business around the world, according to her LinkedIn profile. Exit: Frank BienBien, a Looker vice president, left Google Cloud in February, two years after Google acquired the data-analytics company for $2.4 billion. A nearly 20-year Microsoft veteran, Jester joined Google Cloud in 2019 as part of an executive hiring spree initiated by Kurian, who had recently taken the helm of Google Cloud. Hire: Kevin MandiaMandia, Mandiant's CEO and cofounder, joined Google Cloud in September after Google completed its $5.4 billion acquisition of his cybersecurity firm.

☆ Here's what top executives at Davos are saying about a recession. Many can see silver linings.
▼ + stars: | 2023-01-18 | by ( Ryan Hogg | Cadie Thompson | ) www.businessinsider.com time to read: +5 min

Executives at Davos weighed in on the likelihood and severity of a recession in 2023. Most expect the US to have a shallow recession, but Europe and elsewhere could be hit harder. I think there's going to be a lot of uncertainty. "And that means it's time to really think about hunkering down and focusing on what's important, and really focusing on the fundamentals, which is what we are doing within the company." We will do better if there's a recession – at least if there's a recession with unemployment."

☆ Cisco CEO: Most people are generally very optimistic about recession over the near and long term
▼ + stars: | 2023-01-18 | 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 EmailCisco CEO: Most people are generally very optimistic about recession over the near and long termCisco CEO Chuck Robbins joins 'Squawk Box' to discuss China's reopening, how he feels about additional investment in China and more.

☆ We welcome Cisco CEO's upbeat view on the economy, but remain cautious on future order growth
▼ + stars: | 2023-01-18 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

But it's still unclear whether new order growth will slow down the line, once those previously booked orders are fulfilled. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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. Chuck Robbins, CEO & Chairman of Cisco, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023.

☆ Magic Leap CEO says Apple becoming a rival in augmented reality would actually be a good thing
▼ + stars: | 2023-01-17 | by ( Britney Nguyen | Cadie Thompson | ) www.businessinsider.com time to read: +3 min

Magic Leap's CEO said more money coming into the augmented reality space from competitors is "good." Apple is rumored to be readying its own headset, which would compete against Magic Leap and Microsoft. Apple is reportedly gearing up to launch its own headset this year, which would compete against other offerings from Magic Leap and Microsoft. Under Johnson, Magic Leap has pivoted toward building its Magic Leap 2 AR headset for enterprise use rather marketing it at consumers. Johnson pointed out that Apple is more consumer-focused, while Magic Leap is enterprise-focused, but said at some point, "we'll come circle back to consumer."

☆ Jim Cramer's top 10 things to watch in the market Tuesday: Morgan Stanley beat, Goldman Sachs miss, Estee Lauder boost
▼ + stars: | 2023-01-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Piper Sandler raises price target on Club stock Cisco Systems (CSCO) to $49 per share from $47; keeps neutral rating. Wells Fargo has an overweight (buy) rating and a $125-per-share price target. Wells Fargo downgrades Pfizer (PFE) to equal weight from overweight (hold from buy), with a $4-per-share price target cut to $50. Bank of America lowers price target on TSLA shares to $130 each from $135. Jefferies is concerned, too; catch-up price target cut to $180 from $350.

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