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Conversely, Kilburg is adding to positions that have lagged the market, such as industrial and health-care stocks. "Those are three names that I believe are blue chip, essential names to the U.S. economy," he said. UnitedHealth and other health-care stocks are also trading at a discount, Kilburg said, citing Johnson & Johnson as a potential winner. Buy cyclical names Bailey, formerly a health-care analyst at Legg Mason and Stifel Financial before joining FBB in 2015, expects a hotter-than-forecast inflation report on Wednesday would take stocks lower. The Johns Hopkins MBA also sees the larger, diversified banks as attractive in a climate of higher inflation and interest rates.
Persons: Jeff Kilburg, Kilburg, Mike Bailey, Bailey, payrolls, Lockheed Martin, Johnson, Legg Mason, Berkshire Hathaway, Johns Hopkins, UnitedHealth Organizations: KKM, FBB Capital Partners, Meta, Nvidia, Lockheed, Stifel, FBB, Treasury, Berkshire, Union Pacific, Old Dominion Freight Locations: U.S, McLennan, Progressive, Chevron
Adtech company ID5 said Tuesday it had raised $20 million in Series B investment. The ID5 identifier has been deployed by more than 66,000 publishers, per the metadata company Sincera. ID5 has now raised just over $27 million in funding to date, though the company declined to disclose its post-money valuation. New investors in this round included the credit reporting and data agency TransUnion and advertising veteran Martin Sorrell's venture capital firm S4S Ventures. Check out key slides from the pitch deck that helped ID5 raise $20 million in Series B funding.
Persons: ID5, Mathieu Roche, Martin Sorrell's, Sorrell, Matt Spiegel, Spiegel, Matt, Roche Organizations: Business, Data Protection, Publishers, Trade, S4S Ventures, Progress Ventures, Seventure Partners, Capital Partners, Aperiam Ventures
The question for Paramount Global shareholders might be: Is it better than no deal at all? Paramount Global would continue to trade publicly. Spokespeople for Paramount Global and Skydance declined to comment. He would also potentially provide Paramount Global with access to artificial intelligence software and other data technology from Oracle. Paramount Global has a market capitalization of about $7.6 billion and had $14.6 billion in long-term debt at the end of 2023.
Persons: Skydance, Spokespeople, hasn't, David Ellison, Larry Ellison, Forrest Gump, it's Organizations: National, Paramount Pictures, Paramount Global, Paramount, RedBird Capital Partners, KKR, Oracle, Oracle . Paramount Global, CBS, Comedy Central, Nickelodeon, Viacom
Portfolio manager Barbara Doran has revealed a number of her favorite stocks, reiterating a bullish outlook on the stock market more broadly. Shares in Boeing have also taken a hit, sliding around 13% over the last 12 months and falling 28% year-to-date. Nvidia A more popular name on Doran's list of stocks to watch is U.S. chipmaker Nvidia . FactSet data shows that 53 analysts have a buy or overweight rating on Nvidia, while 7 give it a hold rating. FactSet data shows that, of the 33 analysts covering the stock, 13 give it a buy or overweight rating.
Persons: Barbara Doran, CNBC's, we've, Doran's, Max, I'd, Doran Organizations: BD8 Capital Partners, Boeing, Alaska Airlines, Federal Aviation Administration, Nvidia, CNBC Locations: North America, China
Read previewAI has been a boom for the education space, and one startup just raised millions by convincing investors that large language models and generative AI will supercharge kids' learning. The startup, Lirvana Labs, just raised $5.3 million in seed funding from Kapor Capital, Transcend Capital Partners, and Chingona Ventures, Business Insider has learned. Lirvana Labs is betting that AI can counteract these trends. The startup's tech is available via a mobile app, which costs $9.99 monthly or $69.99 annually. Check out the 13-slide pitch deck Lirvana Labs used to raise its seed-funding round.
Persons: , Christie, Clement Pang, Pang, Christie Pang Organizations: Service, Lirvana Labs, Kapor, Partners, Chingona Ventures, Business, National Center for Education Studies, Nations Locations: Menlo Park , California, Lebanon
Tribeca has been a shareholder of Glencore for seven years and has been engaging with management for a year. The company has excellent core asset quality in copper, zinc and coal, as well as a world-leading commodity trading business. Notably, Bluebell Capital Partners agitated for a demerger of Glencore's thermal coal business in 2021. However, in 2023, after acquiring a 77% interest in Teck's steelmaking coal business, Glencore stated its intention to demerge its combined coal and carbon steel businesses. The same can be said for the divestment of the trading business.
Persons: Glencore, David Aylward, Gary Nagle, astutely, Berkshire Hathaway, Ivan Glasenberg, Ken Squire Organizations: Glencore, Tribeca Investment Partners, Tribeca, Financial Times, Australian Securities Exchange, London Stock Exchange, BHP, Rio Tinto, Bluebell Capital Partners, LSE, Rio, NYSE, 13D Locations: Switzerland, Australia, Africa, South America, Sydney, Melbourne, Singapore, London, Tribeca, Glencore, Swiss, Rio, Europe, cyclicality, Berkshire
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPortfolio manager explains why she likes Starbucks and Boeing, despite their respective problemsBarbara Doran of BD8 Capital Partners remains optimistic on Starbucks and Boeing and thinks there is room for the stock price to improve.
Persons: Barbara Doran Organizations: Starbucks, Boeing, BD8
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with BD8's Barbara Doran and G Squared's Victoria GreeneBarbara Doran, BD8 Capital Partners CEO and Victoria Greene, G Squared Private Wealth CIO, joins 'Closing Bell: Overtime' to discuss how to play the bull market as investors see pullbacks this week.
Persons: Barbara Doran, G, Victoria Greene Barbara Doran, Victoria Greene Organizations: BD8 Capital Partners, Private Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWaiting to buy the dips could get you burned, warns G Squared's Victoria GreeneBarbara Doran, BD8 Capital Partners CEO and Victoria Greene, G Squared Private Wealth CIO, joins 'Closing Bell: Overtime' to discuss how to play the bull market as investors see pullbacks this week.
Persons: G, Victoria Greene Barbara Doran, Victoria Greene Organizations: BD8 Capital Partners, Private Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with BD8's Barbara Doran and Cantor Fitzgerald's Eric JohnstonBarbara Doran, BD8 Capital Partners CEO, and Eric Johnston, Cantor Fitzgerald head of equity derivatives & cross asset, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Barbara Doran, Cantor Fitzgerald's Eric Johnston Barbara Doran, Eric Johnston, Cantor Fitzgerald Organizations: BD8 Capital Partners
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's normal for the market to 'rest here' after earnings, says BD8's Barbara DoranBarbara Doran, BD8 Capital Partners CEO, and Eric Johnston, Cantor Fitzgerald head of equity derivatives & cross asset, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Barbara Doran Barbara Doran, Eric Johnston, Cantor Fitzgerald Organizations: BD8 Capital Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a good chance the Fed doesn't cut rates at all in 2024, says Sycamore's Mark OkadaMark Okada, Sycamore Tree Capital Partners co-founder and CEO, joins 'Closing Bell' to discuss his market and Fed outlooks and finally turning bullish on the market.
Persons: Sycamore's Mark Okada Mark Okada Organizations: Sycamore Tree Capital Partners Locations: Sycamore
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Steve Weiss sells Freeport-McMoran and buys more Archer-Daniels-MidlandSteve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's 'Halftime Report' to detail his latest portfolio moves.
Persons: Steve Weiss, Archer, Midland Steve Weiss Organizations: McMoran, Daniels, Midland, Short Hills Capital Partners Locations: Freeport
New York CNN —Nvidia isn’t the only stock capturing the attention of AI enthusiasts these days. Nvidia closed above a $2 trillion market cap on March 1, joining an elite cohort including Apple and Microsoft. Supermicro’s stock gained even more momentum in January, after the company reported second-quarter results that blew past expectations and raised its full-year revenue forecast. Supermicro’s stock was one of the most popular names bought by Charles Schwab clients in February, according to the firm’s latest trading activity index. New York Community Bank gets $1 billion ‘lifeline’Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment, reports my colleague Elisabeth Buchwald.
Persons: Charles Schwab, ChatGPT, , , Supermicro, Wells Fargo, Goldman Sachs, Elisabeth Buchwald, Steven Mnuchin’s, NYCB, ” David Chiaverini, Joseph Otting, Alessandro DiNello, DiNello, Read, Jeremy Hunt, Hanna Ziady, Hunt, ” Hunt, Rishi Sunak’s Organizations: CNN Business, Bell, New York CNN, Nvidia, Apple, Microsoft, Micro, Devices, Federal Reserve, Victoria Bills, Banrion Capital Management, Bank of America, Goldman, New York Community Bank, New, Community Bank, Liberty Strategic Capital, Citadel Global, Street Journal, Wedbush Securities, CNN, Bank of England, International Monetary Fund, Hunt’s Conservative Party, Labour Party Locations: New York, San Jose, United States, Hudson Bay, NYCB
Meet Boston's new power venture capitalist
  + stars: | 2024-03-06 | by ( Melia Russell | ) www.businessinsider.com   time to read: +10 min
A changing of the guard is underway at Boston-based venture capital firm Underscore VC. The venture capitalist, wearing a cherry red cardigan and Apple Watch, cracked open a notebook and set it beside an iced coffee. Underscore VCLyman's Facebook credentials could have given her a ticket to many venture firms located down the road in Menlo Park. "The thesis is that if you get the right people around the business at the right time, it'll change the trajectory of the business," Lyman said. As Lyman steps up, so does UnderscoreUnderscore is moving into its next phase during a reckoning for venture capital.
Persons: Lily Lyman, , Mike Greene, Marley, Lyman, Greene, she's, Michael Skok, John Pearce, Lyman —, Lily, they're, Skok, Alessandra Henderson, Pamela Aldsworth, Jeff Bussgang, Hi Marley, Gordon Ritter, Kevin Bacon, There's, Ritter Organizations: Service, Harvard University, Facebook, House, Apple Watch, Elektra Health, JPMorgan, New England Venture Capital Association, MIT, Allston Venture Fund, Harvard, Boston's, Capital Partners, OpenView Venture Partners, SEC, Old, Capital Locations: Boston, Old, Menlo Park
The Pleasures tie-up may have been a surprise to traditional soccer fans, but it was by no means an accident. AC Milan has pursued a number of partnerships — including tapping Off-White as its official “style and culture curator” — since its $1.2 billion acquisition by US investment firm RedBird Capital Partners in August 2022. AC Milan’s infiltration of fashion has gone further than any soccer team before, even France’s Paris Saint-Germain (PSG), which not so long ago was the favored sports collaborator of brands like Dior, Stüssy and Jordan. This gray varsity with Off White and AC Milan branding is sold out. Courtesy AC MilanUnlike PSG, AC Milan does not have the same kind of international stardom in its squad that automatically comes with cultural caché.
Persons: Kylie Jenner, Ib Kamara, , Germain, Stüssy, Lionel Messi, Neymar Jr, Kylian, Lauren Cochrane, “ It’s Organizations: The, Fashion, CNN, Milan, Napoli, Milanese, Los, Vogue Italia, RedBird Capital Partners, Saint, PSG, Dior, White, Milan AC Milan’s, Puma, Guardian Locations: Los Angeles, thoughtfully, Jordan, Italy
AdvertisementUnlike other businesses, venture firms do not suddenly go out of business. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December it was suspending new investments and laying off staff. With the help of Pitchbook, BI looked through data for hundreds of venture firms. Hinge last raised a $19 million fund in 2021 but has not made an investment since November 2022, according to Pitchbook. Do you know of a venture firm no longer actively investing?
Persons: , VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame, Fudge, We're, Paul Weinstein, Weinstein, Cofounders Ryan Swager, Brandon Zeuner, Louie, Alsop Louie Partners, Partners Gilman Louie, Stewart Alsop, Jason Preston, Partners Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Hone, Ben Bergman Organizations: Service, Business, Bloomberg Beta, Lightship, Sapphire Partners, BI, Sapphire Ventures, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, San Mateo , California, Seattle, Alto, bbergman@insider.com
Unlike other businesses, venture firms do not suddenly go out of business. Limited partners such as pensions and endowments that fund venture firms have been choosier, cutting off capital to firms that have not generated acceptable returns. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December that it was suspending new investments and laying off staff. In a written statement, he later explained that Sinai Ventures has been rebranded to Sinai Capital Partners. Do you know of a venture firm no longer actively investing?
Persons: VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame —, Fudge, We're, Paul Weinstein, Weinstein, Ryan Swager, Brandon Zeuner, Alsop Louie, Alsop Louie Partners, Gilman Louie, Stewart Alsop, Jason Preston, Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Divergent's, Hone, Ben Bergman Organizations: Business, Bloomberg Beta, Lightship Capital, Sapphire Partners, BI, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Alsop Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, Alto , California, San Mateo , California, Lumia, Seattle, bbergman@insider.com
Here's why Apple should be in your portfolio
  + stars: | 2024-03-04 | 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 Apple should be in your portfolioKim Forrest, chief investment officer at Bokeh Capital Partners, joins 'The Exchange' to discuss what recent developments for the company mean for shareholders, Apple's AI agenda, and more.
Persons: Kim Forrest Organizations: Apple, Bokeh Capital Partners
In late 2022, Harrison joined venture firm General Catalyst, which has backed tech highfliers like Stripe, Snap and Airbnb . This is the first holistic transformation of a health system to a thoughtful combination of digital and in-person care." "It just makes people a little nervous, and it doesn't feel quite aligned with this concept of health care being a human right." To revolutionize how we care for patients, we in health care are doing the same." "This is not like a turnaround, this is not a distressed system," Harrison said.
Persons: Marc Harrison, who's, Astrid Stawiarz, Mark Zuckerberg, Elon Musk, He's, screeds, Harrison, Catalyst, HATCo, Fitch, Ceci Connolly, Connolly, She's, Freddy Krueger, John Bass, Bass, he's, Chris Bischoff, Bischoff, it's, Harrison isn't, Michael Greeley, Greeley, Beaumont, Cliff Deveny, hadn't, Deveny, Ben Sutton, Sutton, Shammas Malik, James Hardy, Hardy, Mayor Malik, Malik, we've, Capital's Greeley, Catalyst's Organizations: Healthy, CNBC, Intermountain Healthcare, Catalyst, Summa Health, Health Assurance Transformation Corporation, Summa Health Medina, Urban Institute, Fitch Ratings, Alliance of Community Health, General Catalyst, HCA Healthcare, University of California Davis Health, Intermountain, Flare Capital Partners, Beaumont Health, Health, Akron, Ideastream Public Media, HATCo Locations: New York City, Silicon Valley, Utah, Ohio, Harrison, PitchBook, U.S, Canada, Israel, Michigan, Beaumont, Akron, Summit County, Akron's
Next week, the first full trading week of March, macroeconomic concerns will take center stage for investors. Next week, the Fed chief is largely anticipated to stick to the same talking points in testifying before Congress. In fact, the February jobs report, due out next Friday, is expected to show a moderation in payroll gains. Hourly Earnings preliminary (February) 8:30 a.m. Average Workweek preliminary (February) 8:30 a.m. Manufacturing Payrolls (February) 8:30 a.m. Nonfarm Payrolls (February) 8:30 a.m. Private Nonfarm Payrolls (February) 8:30 a.m. Unemployment Rate (February) — CNBC's Michael Bloom, Jeff Cox and Yun Li contributed to this report.
Persons: Jerome Powell, Powell, Shannon Saccocia, Kim Forrest, Webull, Michael Hartnett, CNBC's Yun Li, Melissa Brown, Brown, Wealth's Saccocia, Saccocia, Nonfarm Payrolls, , Michael Bloom, Jeff Cox, Yun Li Organizations: Federal, Fed, Capitol, Nasdaq, Dow Jones, FactSet, Barclays, Bokeh Capital Partners, Labor Department, Bitcoin, BofA Global Research, Apple, Nvidia, Ross Stores, Costco Wholesale, Kroger, . Semiconductor, Broadcom, PMI, PMI Services, Services PMI, Ross, Target, ADP, Labor, Consumer Credit Locations: U.S, REITs, Japan
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSnowflake has yet to live up to its long-term potential, says BD8's Barbara DoranBarbara Doran, BD8 Capital Partners CEO, and CNBC's Mike Santoli join 'Closing Bell Overtime' to talk Snowflake earnings and the day's market action.
Persons: Barbara Doran Barbara Doran, Mike Santoli Organizations: BD8 Capital Partners
Advertising tech firm tvScientific wants to prove that streaming TV ads are as effective as Meta and Google ads. TvScientific's previous investors include NBCUniversal, Norwest Capital Partners, Aperiam Ventures, and Hearst VenturesTvScientific tries to make it as easy to buy and measure streaming TV ads as it is to buy and measure Google and Meta ads. The firm specializes in technology that tracks what someone does after watching a streaming TV ad. But Meta and Google have millions of advertisers, and tvScientific wants the top 10% to 20% of Meta and Google's advertisers to be its clients. Over time, Fairchild said that he expects more big brands that buy linear TV ads for reach and frequency will also begin buying streaming TV like performance marketing.
Persons: TvScientific, Jason Fairchild, Martin Sorrell's, Hearst Ventures TvScientific, Fairchild, tvScientific, Chris Riedy Organizations: Business, Ventures, BDMI, Progress Ventures, Norwest Capital Partners, Aperiam Ventures, Hearst Ventures, Google, Meta
British banker Jacob Rothschild dies aged 87
  + stars: | 2024-02-26 | by ( ) www.cnbc.com   time to read: +2 min
Jacob Rothschild attending the Belle Epoque Gala Dinner at The National Gallery on March 16, 2006 in London, England. British financier Jacob Rothschild, a senior member of one of Europe's best-known banking dynasties, has died at the age of 87, his family announced on Monday. Rothschild was also known for being a long-standing patron of the arts, and was trustee of Britain's National Gallery between 1985 and 1991. Ed Vaizey, Britain's former culture minister, paid tribute to Rothschild on X, describing him as one of the country's greatest cultural philanthropists. The Rothschild banking family traces its roots back to 18th century Frankfurt, from where different family members moved to cities across Europe to build out banking businesses.
Persons: Jacob Rothschild, Rothschild, St James's, Ed Vaizey Organizations: Belle, UK's Press Association, NM Rothschild, Sons, Rothschild Assurance Group, St, RIT Capital Partners, Rothschild Foundation Locations: London, England, British, Israel, NM, Waddesdon, Frankfurt, Europe
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Steve Weiss buys Nvidia 'It's been an annoyance not owning it'Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC’s “Halftime Report” to explain why he bought Nvidia.
Persons: Steve Weiss Organizations: Nvidia, Short Hills Capital Partners
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