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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's no huge problem in the market, people are just putting money elsewhere: Cleo Capital's KunstHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Cleo Capital's, Brian Sullivan, Organizations: CNBC
Have you heard of the Magnificent Seven? This handful of Big Tech stocks have accounted for nearly all the market's gains in 2023. The names that make up the so-called Magnificent Seven are now the seven biggest US-listed stocks. Are you buying or selling the Magnificent Seven? Strategists from Goldman Sachs made the case for names they think will be low in volatility and high in returns.
Persons: I'm Phil Rosen, It's, you'll, let's, Tesla, there's, Minerva, Kathleen Brooks, John Hussman, Hussman, ANGELA WEISS, Goldman Sachs, Russell, Xi Jinping, Everyone's, Cleo Capital's Sarah Kunst, Phil Rosen, Max Adams, Hallam Bullock Organizations: Twitter, LinkedIn, Lionsgate, Nvidia, Tesla, Meta, Microsoft, Big Tech, Apple, Hussman Investment Trust, Getty, PLC, Costco Locations: New York, London
Apple's stock price has surged in 2023, putting the company on the verge of a $3 trillion valuation. "While Apple is a great company, there's not a ton of fundamentals driving this right now," Cleo Capital managing director Sarah Kunst told CNBC's "Last Call" Wednesday. she added, referring to the Vision Pro mixed reality headset Apple launched at the start of June. The tech giant's shares have surged 46% year-to-date, raising its total market capitalization to $2.98 trillion. But some on Wall Street are more bullish on the tech giant, with both Wedbush and Fairlead Strategies recently forecasting its valuation will hit $4 trillion around the end of next year.
Persons: Cleo Capital's Sarah Kunst, , there's, Cleo, Sarah Kunst, CNBC's, Steve Weiss Organizations: Service, Apple, Cleo Capital, Vision, Hills, Big Tech, Federal, Nasdaq
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's not a ton of fundamentals driving Apple's climb to $3 trillion right now: Cleo's Sarah KunstDan Ives, Wedbush managing director, and Sarah Kunst, Cleo Capital managing director, join 'Last Call' to talk Apple inching towards being the first $3 trillion company in history.
Persons: Sarah Kunst Dan Ives, Wedbush, Sarah Kunst Organizations: Cleo Capital, Apple
Meredith Monk stepped out onto a circular stage, her stride paced yet fluid. She didn’t sing at first, but when she did, she let out a clear, clean soprano sound. This is Meredith Monk at 80 — performing in the staged premiere of her latest work, “Indra’s Net,” at the Holland Festival in Amsterdam on Friday and Saturday — though it could describe her at pretty much any moment in her career, whose trajectory resembles a constellation more than a straightforward path. The first staged performances of “Indra’s Net,” an evening-length work about interconnectedness and interdependence, were delayed by the pandemic. And this fall, the retrospective exhibition “Meredith Monk: Calling” will open at the Haus der Kunst in Munich.
Persons: Meredith Monk, doesn’t, Monk, Organizations: Holland Festival, , Kunst Locations: Amsterdam, , Munich
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCava's blockbuster market debut: What this means for the IPO marketSarah Kunst, Cleo Capital managing director, joins 'Squawk on the Street' to discuss why she thinks the fall could be good for IPOs, what the blockbuster market debut of Cava suggests, and more.
Persons: Sarah Kunst Organizations: Sarah, Cleo Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf Apple sells the Vision Pro to only 7% of its base 'that's a slam dunk', says EMJ's Eric JacksonSarah Kunst, Cleo Capital managing director, and Eric Jackson, EMJ Capital founder and president, join 'Last Call' to give their takes on Apple's new augmented reality headset the 'Vision Pro' and its hefty price tag.
Persons: EMJ's Eric Jackson Sarah Kunst, Eric Jackson Organizations: Apple, Cleo Capital, EMJ Capital
Mothers may know best when it comes to money
  + stars: | 2023-05-10 | by ( Chris Taylor | ) www.reuters.com   time to read: +4 min
For Mother's Day, we asked a few business leaders about the best money advice they ever got from their moms. Founder & chief investment officer, Ariel Investments"My mom was Deputy Solicitor General, and was a pioneer in serving on corporate boards. "When I started Ariel in 1983, when I was 24, my mom gave me whatever liquid cash she had. We can't always control how much money we make, but we can control maximizing the value of the things we already have." "The best financial advice my mom gave me was to be financially minded at a young age.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'The sky is not falling' for Apple after quarterly earnings beat, says EMJ Capital's Eric JacksonEric Jackson, EMJ Capital founder and president, and Sarah Kunst, Cleo Capital managing director, join 'Last Call' to discuss Apple's quarterly earnings report.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKunst: Big tech earnings estimates are too high, and valuations need to come downSarah Kunst, Managing Director at Cleo Capital, discusses the week ahead for big tech earnings.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSVB collapse was a crash course in treasury management that no one wanted, says Cleo Capital's KunstSarah Kunst, Cleo Capital founder and general partner, joins 'Squawk Box' to discuss the big changes companies are making after the Silicon Valley Bank collapse and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo tech experts discuss the path forward for Snap and Meta sharesNeuberger Berman's Daniel Flax and Cleo Capital's Sarah Kunst discuss Snap and Meta's quarterly earnings report.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKunst: Tech was the tip of the spear on the way up for the markets, and it appears to be the same on the way downSarah Kunst of Cleo Capital discusses the pain the tech sector has endured this year, whether that will extend well into 2023 as the Fed continues to hike rates, and which names stand out.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo market watchers discuss big tech's $250 billion market value lossRocco Strauss, Senior Analyst at Arete Research, and Sarah Kunst, Managing Director at Cleo Capital, join Worldwide Exchange to discuss what's next for the tech sector following weaker-than-expected earnings.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft could be in for a rough end to the year, says Cleo Capital's Sarah KunstSarah Kunst, managing director at Cleo Capital, joins CNBC's 'Squawk Box' to react to the disappointing earnings from Microsoft and Alphabet. Kunst also explains why she would consider buying shares of Peloton.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Cleo Capital's Sarah Kunst and Neuberger Berman's Daniel FlaxSarah Kunst, Cleo Capital managing director, and Daniel Flax, Neuberger Berman senior research analyst, join 'Squawk Box' to discuss if the economy will have a hard landing from inflation, what could take the market to new lows, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are in the midst of a lot of turbulence, and it's not getting better, says Cleo Capital's KunstSarah Kunst, Cleo Capital managing director, joins 'Squawk Box' to discuss if the economy will have a hard landing from inflation, what could take the market to new lows, and more.
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