DIRS.INFO The most relevant business & tech news

☆ 'Take the emotion out of investing' during a presidential election year, strategist says. What to do instead
▼ + stars: | 2024-03-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Video of former President Donald Trump and President Joe Biden is played during a hearing by the Select Committee to Investigate the January 6th Attack on the U.S. Capitol on June 13, 2022 in Washington. WEST PALM BEACH, Fla. — Investors' emotions may run high in 2024, especially in the realm of politics as President Joe Biden and former President Donald Trump are poised for a rematch in this year's presidential election. "Politics have become increasingly more emotional," Moira McLachlan, senior investment strategist in AllianceBernstein's wealth strategies group, said Wednesday at Financial Advisor Magazine's Invest in Women conference in West Palm Beach, Florida. However, investors should avoid knee-jerk reactions by setting and sticking to an investment plan, strategists said. "It's so important to stay invested, and you have to try to take the emotion out of investing" to keep from doing something "detrimental" to your goals, said Kristina Hooper, chief global market strategist at Invesco.

Persons: Donald Trump, Joe Biden, Moira McLachlan, Magazine's, Kristina Hooper Organizations: U.S, Capitol, WEST, Magazine's Invest, Women Locations: Washington, BEACH, Fla, West Palm Beach , Florida

☆ Here's when the Fed is likely to start cutting interest rates, according to investment strategists
▼ + stars: | 2024-03-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Kent Nishimura | Getty Images News | Getty ImagesWest Palm Beach, Fla. — The U.S. Federal Reserve is likely to start cutting interest rates by the end of second quarter despite recent "hotter than expected" inflation data, according to Kristina Hooper, chief global market strategist at Invesco. The question has become, at what point — and how quickly — does the central bank start to cut rates in order to avoid plunging the economy into a downturn? Fed chair Jerome Powell said last week that the Fed may not be far off from throttling back. The Fed last raised interest rates in summer 2023; in prior interest-rate-hiking cycles, the Fed began cutting rates about 8½ months later, Hooper said. Jenny Johnson, president and CEO of Franklin Templeton, also expects the central bank to begin cutting rates this year, though in the second half of 2024 at Fed policy meetings in July or September.

Persons: Jerome Powell, Kent Nishimura, Kristina Hooper, it's, Hooper, Jenny Johnson, Franklin Templeton, Moira McLachlan Organizations: Banking, Housing, Urban Affairs Committee, Getty, U.S . Federal, Women, Fed Locations: Palm Beach, Fla, U.S, West Palm Beach , Florida

☆ Watch CNBC’s full interview with Bernstein's Stacy Rasgon and Solus' Dan Greenhaus
▼ + stars: | 2024-03-08 | 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 EmailWatch CNBC’s full interview with Bernstein's Stacy Rasgon and Solus' Dan GreenhausStacy Rasgon, Bernstein semiconductor analyst, and Dan Greenhaus, Solus Alternative Asset Management chief strategist, join 'Closing Bell' to discuss the chipmakers being down, the bifurcation of the 'Mag 7', and what it all means for the sector.

Persons: Bernstein's Stacy Rasgon, Solus, Dan Greenhaus Stacy Rasgon, Bernstein, Dan Greenhaus Organizations: Asset Management

Jimmy Kimmel returns as host for the fourth time, and the competition for best picture promises to be stiff. Best picture nominees include everything from Barbenheimer blockbuster summer duo "Barbie" and "Oppenheimer" to indie darling "Past Lives." There's still time to watch all 10 of the best picture nominees. Below, we'll show you all of your streaming options when it comes to where to watch every 2024 Oscars best picture nominee. In addition to best picture, the film is up for best original screenplay at the Oscars.

Persons: Jimmy Kimmel, Oppenheimer, There's, Jeffrey Wright, Percival Everett's, Thelonious, Monk, Ellison, Wright, Sandra Hüller, Justine Triet, Margot Robbie, Barbie, Jaap Buitendijk, Barbie Warner, Greta Gerwig, Ken, Ryan Gosling, America Ferrera, Oscar, Max, Paul Giamatti, Paul Hunham, Dominic Sessa, Da'Vine Joy Randolph, Peacock, Lily Gladstone, Robert De Niro, Leonardo DiCaprio, Martin, David Grann's, Scorsese, Mollie Burkhart, Bradley Cooper, Leonard Bernstein, Carey Mulligan, Felicia Montealegre, Jason McDonald, Maestro, Cooper, Mulligan, Cillian Murphy, J, Robert Oppenheimer, Christopher Nolan, Murphy, Robert Downey Jr, Emily Blunt, Teo Yoo, Greta Lee, Celine, John Magaro, –, Emma Stone, Bella Baxter, Stone, Mark Ruffalo, Christian Friedel, Rudolf Höss, Hedwig, ExpressVPN Organizations: Business, Dolby Theatre, MGM, Orion, Apple, Hulu, Warner Bros, Mattel, America, Osage, Osage Nation, FBI, Netflix, Manhattan Project, Paramount, Showtime, Searchlight, Disney Locations: Barbie, New England, Oklahoma, Los Alamos, New York, South Korea

☆ Apple doesn't necessarily need to be a leader in generative AI, says Bernstein's Toni Sacconaghi
▼ + stars: | 2024-03-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple doesn't necessarily need to be a leader in generative AI, says Bernstein's Toni SacconaghiToni Sacconaghi, Bernstein senior research analyst, joins 'Squawk Box' to discuss the troubles facing Apple, the company's AI strategy, the success of its services segment, and more.

Persons: Bernstein's Toni Sacconaghi Toni Sacconaghi, Bernstein Organizations: Apple

☆ Compared to other speculative assets, Bitcoin isn't unique right now: Richard Bernstein's Dan Suzuki
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompared to other speculative assets, Bitcoin isn't unique right now: Richard Bernstein's Dan SuzukiRichard Bernstein Advisor's Deputy CIO Dan Suzuki, and the 'Fast Money' traders to talk Bitcoin's recent trading boom and FOMO trades in the space.

Persons: Richard Bernstein's Dan Suzuki Richard Bernstein, Dan Suzuki

☆ Nvidia is 'printing money at this point.' What investors are doing after the chipmaker's earnings blowout
▼ + stars: | 2024-02-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The chipmaker surged 16% on Thursday after posting robust earnings and guidance , contributing to the stock's 59% year-to-date run as investors feast on artificial intelligence stocks. NVDA 1Y mountain Nvidia shares over the last year Nvidia's impressive stock run brings its valuation to elevated levels. That's left some analysts questioning whether earnings upside is already priced in to shares as others wonder how long this astonishing growth cycle can last. Those worries eased after the chipmaker offered its first set of blockbuster earnings numbers, cementing its formidable AI position. NVDA 5D mountain Nvidia shares this past week "It gives me confidence that this story lasts much longer," Harvest's Meeks said.

Persons: That's, Hua Cheng, heightening, Paul Meeks, Ken Mahoney, Greg Bassuk, Nvidia's, Goldman Sachs, Hari, Bernstein's Stacy Rasgon, Jensen Huang, Harvest's Meeks, Tim Arcuri, Cheng of Mirova, Huang Organizations: Nvidia, Portfolio Management, AXS Investments, UBS Locations: Mirova, Charleston , South Carolina

☆ Chip analysts boost Nvidia price targets in race to catch up to chipmaker's relentless 'joyride'
▼ + stars: | 2024-02-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

That led several Wall Street banks to hike their price targets to account for the unrelenting demand. Bernstein and other Wall Street shops raced to catch up with Nvidia's share price, hiking their price targets in reaction to nonstop demand and the company's enormous total addressable market. Rasgon's new target was the equivalent of 48% upside from Wednesday's close, while the average price target according to FactSet implied more than 22% upside. Bank of America's Vivek Arya also lifted his Nvidia price target to $925 per share, equal to about 37% upside. JPMorgan analyst Harlan Sur boosted his price target to $850 to reflect strong data center growth and future product launches.

Persons: Bernstein's Stacy Rasgon, Bernstein, America's Vivek Arya, Harlan Sur, allaying, Sur, Goldman Sachs, Toshiya Hari, Morgan Stanley's Joseph Moore, Moore, Deutsche Bank's Ross Seymore, Seymore, Timothy Arcuri, Arcuri, — CNBC's Michael Bloom Organizations: Nvidia, Bank, America's, JPMorgan, Deutsche, UBS Locations: CY24

☆ Nvidia is still the cheapest of all the 'AI stocks', says Bernstein's Stacy Rasgon
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia is still the cheapest of all the 'AI stocks', says Bernstein's Stacy RasgonRitholtz’s Josh Brown, Requisite’s Bryn Talkington and Bernstein’s Stacy Rasgon, join 'Closing Bell' to discuss Nvidia ahead of earnings, the drop in shares of Palo Alto and their market outlooks.

Persons: Bernstein's Stacy Rasgon Ritholtz’s Josh Brown, Requisite’s Bryn, Bernstein’s Stacy Rasgon Organizations: Nvidia, Palo Locations: Palo Alto

☆ Cocoa prices just hit a record high. Here's what's driving the gains and what it means for chocolate makers
▼ + stars: | 2024-02-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

If you think chocolate prices this Valentine's Day were more expensive than usual, it's not you. Year to date, futures contracts are up nearly 27%, with cocoa prices rising in six of the past seven weeks. Here's a breakdown of what's driving cocoa prices higher and how it impacts the investment case around two major chocolate stocks. Doshi thinks cocoa prices could sell off about 20%, taking them to around $4,500 to $4,800 per ton. In an interview with CNBC last week, he underscored the rising cocoa price outlook as the key driver for his lower rating.

Persons: Humza Hussain, El, Aakash Doshi, Doshi, Bernstein, Bruno Monteyne, … There's, Mondelez, Alexia Howard, Hershey, Michele Buck, Bernstein's Howard, Howard, I'd, Bryan Spillane, Morgan Stanley, Pamela Kaufman, Bank of America's Spillane Organizations: Asset Management, CNBC, Hershey, Citi, 2H, Street, Bank of America, Bank of, Cadbury Locations: Mondelez, El Niño, Ghana, Ivory, Nigeria, Europe

NEW YORK (AP) — Gushing after the New York Philharmonic performed Leonard Bernstein’s music, Bradley Cooper talked about creating the film “Maestro ″ in hopes of drawing more attention to the composer and conductor. They were joined by Carey Mulligan, who played Felicia Montealegre, the actor and wife of Bernstein. Nézet-Séguin, a 48-year-old Canadian who is music director of the Metropolitan Opera and the Philadelphia Orchestra, served as a consultant to Cooper on conducting. Cooper, who is not Jewish, also faced scrutiny for wearing a prosthetic nose as part of his transformation into Bernstein, who was. What’s next for Cooper, a biopic of Herbert von Karajan, the iron-willed leading conductor of the second half of the 20th century?

Persons: Leonard Bernstein’s, Bradley Cooper, Maestro ″, don’t, Lincoln Center’s David Geffen, Leonard Bernstein, ” Yannick Nézet, Séguin, Cooper, Bernstein, Carey Mulligan, Felicia Montealegre, Maestro ”, Mulligan, Taylor Swift, ”, “ Bradley Cooper, Jamie, Nina, Alexander, Bayoh, “, Edward R, Murrow, Stevie Sondheim, —, Cooper didn’t, hadn’t, Gounod’s “ Roméo, Bernstein’s, Lenny, ” Cooper, What’s, Herbert von Karajan Organizations: New York Philharmonic, Lincoln, Lincoln Center’s David Geffen Hall, Associated Press, Venice, Metropolitan Opera, Philadelphia Orchestra, “, England’s Ely Cathedral, Lincoln Center, philharmonic Locations: New York City, America, “ Chichester, England’s

☆ AI is changing the cybersecurity industry. Why these two stocks look best positioned to capitalize
▼ + stars: | 2024-02-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

"As we move to cloud and generative AI, it opens up massive total addressable markets, where security just has to be done a different way." Palo Alto Networks and CrowdStrike have already surged more than 25% each only six weeks into the new year after proving among the best performers in the Nasdaq-100 in 2023. But arguably, companies offering all-in-one solutions to mounting cybersecurity threats are viewed as sitting in the most advantageous position. PANW YTD mountain Palo Alto Networks in 2024. This leading position is one reason Deepwater Asset Management's Doug Clinton retains a stake in Crowdstrike, along with Palo Alto Networks, in the core fund that he manages.

Persons: Ted Mortonson, Baird, Mortonson, Peter Weed, Bernstein, Morgan Stanley, Hamza Fodderwala, Hendi Susanto, Doug Clinton, JPMorgan's Brian Essex, CRWD, Essex, Michael Bloom Organizations: MGM Resorts, Caesars Entertainment, Microsoft, Palo Alto Networks, Nasdaq, Gamco Locations: cyberattacks, Palo, Crowdstrike

☆ Nvidia's earnings numbers will continue to go up, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-02-13 | 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 EmailNvidia's earnings numbers will continue to go up, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein Research senior analyst, joins 'Squawk on the Street' to discuss what Nvidia has to do to continue its upward trajectory, what could be new business for Nvidia, and more.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon Organizations: Bernstein Research, Nvidia

☆ Bernstein's Toni Sacconaghi on Apple: Valuation still relatively high
▼ + stars: | 2024-02-02 | 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 EmailBernstein's Toni Sacconaghi on Apple: Valuation still relatively highToni Sacconaghi, Bernstein senior analyst, joins 'Money Movers' to discuss Apple's quarterly earnings results and accompanying commentary, how the analyst will fold Apple's AI offering into its model, and the tech giant's data from China.

Persons: Toni Sacconaghi, Bernstein Organizations: Apple Locations: China

☆ 50 years of history tell you to buy gold when the Fed cuts rates, says Bernstein
▼ + stars: | 2024-01-31 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The Federal Reserve is poised to cuts interest rates this year and history shows that has pushed up precious metal prices, according to Bernstein analyst Bob Brackett. Traders are already moderating expectations for rate cuts, though gold has held steady so far, Brackett said. Indeed, respondents to CNBC's recent Fed survey now anticipate the central bank will cut rates fewer times this year and start the cycle later. "In general, the anticipation of more rate cuts often lead to a positive sentiment on gold and mining equities, while the expectation of fewer rate cuts tends to be negative," Brackett said. "Gold in the long term is generally observed to benefit from rate cuts," the analyst said.

Persons: Bernstein, Bob Brackett, Brackett, Bernstein's, — CNBC's Michael Bloom Organizations: Federal, Fed, Traders Locations: U.S

☆ It's Nvidia's game to lose and it's not losing, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's Nvidia's game to lose and it's not losing, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein chip analyst, joins 'Closing Bell' to discuss AMD ahead of its earnings and the hype around AI in the semiconductor sector.

Persons: it's, Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein Organizations: AMD

☆ No signs of an 'imminent' recession, says Richard Bernstein's Dan Suzuki
▼ + stars: | 2024-01-29 | 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 EmailNo signs of an 'imminent' recession, says Richard Bernstein's Dan SuzukiDan Suzuki, Richard Bernstein Advisors deputy CIO, joins 'Power Lunch' to talk the mid-day market action, the possibility of a recession, what to expect from this earnings cycle and more.

Persons: Richard Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein

☆ Analysts baffled by Tesla not giving an outlook, can't think of another big company not to do so
▼ + stars: | 2024-01-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Barclays analyst Dan Levy, for example, lowered his target on Tesla shares to $225 from $250, saying that a "cloudy path ahead reinforces some downside risk." Guggenheim left a sell rating and $132 price target in place. "We expect consensus estimates to come down on what will likely be interpreted as a cautious outlook with reduced visibility," wrote Citi's Itay Michaeli. Michaeli lowered Citi's Tesla price target to $224 from $255 a share, implying about 8% upside from Wednesday's close. The bank remains on the sidelines with a neutral rating on Tesla shares, awaiting a "more convincing entry point," he wrote.

Persons: Tesla, Morgan Stanley's Adam Jonas, Joseph Spak, Dan Levy, Wells Fargo's Colin Langan, Emmanuel Rosner, Guggenheim, Ronald Jewsikow, Bernstein's Toni Sacconaghi, Itay, Goldman Sachs, Mark Delaney, — CNBC's Michael Bloom Organizations: Wall Street, UBS, Barclays, Deutsche Bank, EV Locations: Wednesday's

NEW YORK (AP) — The New York Philharmonic will play excerpts of music from the Academy Award-nominated “Maestro,” on the life of former music director Leonard Bernstein, on Feb. 14. Bradley Cooper, the movie's star and director, will participate in a post-performance conversation at Lincoln Center's David Geffen Hall. Metropolitan Opera music director Yannick Nézet-Séguin, who coached Cooper for the movie and led music for the soundtrack, will conduct the performance in his New York Philharmonic debut and join the conversation, the orchestra said Wednesday. The program will include excerpts from "West Side Story,” “Candide," “On the Town,” “Trouble in Tahiti,” “A Quiet Place," “Chichester Psalms” and Bernstein's Symphony No. 3 “Kaddish.”“Maestro” was nominated for seven Oscars, including for best picture and best actor, for Cooper.

Persons: “ Maestro, ”, Leonard Bernstein, Bradley Cooper, Lincoln Center's David Geffen, Yannick Nézet, Cooper, “, Maestro ” Organizations: New York Philharmonic, Academy, Lincoln Center's David Geffen Hall, Metropolitan Opera, Associated Press Locations: Tahiti, “ Chichester

☆ Here's why Bernstein's Alex Chaloff is advising clients to revisit cash positions
▼ + stars: | 2024-01-24 | 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 EmailHere's why Bernstein's Alex Chaloff is advising clients to revisit cash positionsAlex Chaloff, Bernstein Private Wealth Management CIO, joins 'Money Movers' to discuss why investors should think about cash differently, the best place to put cash, and how investors should consider investing if they believe there will be a recession.

Persons: Alex Chaloff Organizations: Wealth Management

☆ 'Maestro' is obvious Oscars bait, but that doesn't make it a good movie
▼ + stars: | 2024-01-23 | by ( ) www.businessinsider.com time to read: +4 min

Directed by Bradley Cooper and starring Cooper and Carey Mulligan, "Maestro" is gunning for major awards. Here's why "Maestro" fails as Oscar bait. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What I mean by that is that "Maestro," from the very jump, is aware of its own artistry and impact. Carey Mulligan as Felicia Montealegre and Bradley Cooper as Leonard Bernstein in "Maestro."

Persons: Bradley Cooper, Cooper, Carey Mulligan, gunning, Maestro, —, Leonard Bernstein, Felicia Montealegre, Bernstein, wistfully, Montealegre, it's, Mulligan, Oscar Organizations: Service, Netflix Locations: New York City

☆ AMD's AI narrative overshadowed last years' misses, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD's AI narrative overshadowed last years' misses, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein, joins 'Fast Money' to talk the recent tech run and its impact on the AI and semiconductor sector.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein

☆ BYD and more: AllianceBernstein names top Asian stock picks for the next 6 months, gives one over 60% upside
▼ + stars: | 2024-01-19 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +4 min

"We also believe the demand for memories will remain strong thanks to the growing demand for generative AI and more broadly for compute," the bank's analysts wrote. AllianceBernstein expects the share price of Samsung to hit 92,000 Korean Won ($68.44) in the next 12 months, giving it potential upside of 29.4%. "BYD's unparalleled cost structure and vertical integration of powertrain will enable it to achieve a dominant market share in this segment," the bank's analysts wrote. AllianceBernstein's target price of 334 Hong Kong dollars ($42.71) gives it around 61.5% upside. AllianceBernstein gave the giant a price target of $170, giving it around 33% upside.

Persons: Bernstein, Ann Larson, AllianceBernstein, Tesla, Holdings AllianceBernstein, PDD, — CNBC's Michael Bloom Organizations: Street, Samsung Electronics, SK Hynix The South, Samsung, Won, SK Hynix, Hong, Holdings, PDD Holdings Locations: Asia, China, Hong Kong

☆ The early winner in the bitcoin ETF race has raked in $1 billion
▼ + stars: | 2024-01-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

As Bernstein analyst Gautam Chhugani highlighted in a note to clients Thursday, BlackRock's iShares Bitcoin Trust (IBIT) has been an early winner among the spot bitcoin ETFs that were approved last week. However, the fund has seen about $1 billion in net outflows over the past week, according to FactSet. Even with the GBTC outflows, the spot bitcoin funds have still seen hundreds of millions of net inflows, according to FactSet. "GBTC at 150 bps fee vs. ~20bps fee for rest, would mean cheaper ETFs will continue to absorb GBTC outflows. In that context, $900m of net inflows remains impressive," Bernstein's Chhugani said in a note.

Persons: Bernstein, Gautam Chhugani, BlackRock's, Jay Jacobs, GBTC, Bernstein's Chhugani Organizations: IBIT, Fidelity Wise Locations: U.S, BlackRock

☆ Amazon earnings are going to beat expectations, says AllianceBernstein's Jim Tierney
▼ + stars: | 2024-01-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon earnings are going to beat expectations, says AllianceBernstein's Jim TierneyJim Tierney, AllianceBernstein CIO concentrated U.S. growth, joins 'Closing Bell' to discuss consumer trends and his picks in the consumer retail space.

Persons: Jim Tierney Jim Tierney

Search resuls for: "Bernstein's"

25 mentions found