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Chart of the day: Alibaba
  + stars: | 2023-09-22 | 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 EmailChart of the day: AlibabaBryn Talkington, Requisite Capital Management managing partner; Rob Sechan, NewEdge Wealth managing partner and co-founder, Shannon Saccocia, chief investment officer at NB Private Wealth, and Steve Weiss, Short Hills Capital founder, join ‘Halftime Report’ to discuss Alibaba as the stock is gaining momentum following the report that China is easing rules that cap foreign investment in domestic publicly traded companies.
Persons: Bryn Talkington, Rob Sechan, Shannon Saccocia, Steve Weiss Organizations: Capital Management, NewEdge, Wealth, Short Hills Capital Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are going into a recession, and there won't be a soft landing: Short Hills Capital's Steve WeissBryn Talkington, Requisite Capital Management managing partner; Rob Sechan, NewEdge Wealth managing partner and co-founder, Shannon Saccocia, chief investment officer at NB Private Wealth, and Steve Weiss, Short Hills Capital founder, join ‘Halftime Report’ to discuss the market as it is still poised to end the week with steep losses, whether recession is on the horizon, and more.
Persons: Steve Weiss Bryn Talkington, Rob Sechan, Shannon Saccocia, Steve Weiss Organizations: Capital Management, NewEdge, Wealth, Short Hills Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI am more 'cautious' in the market, says Short Hills Capital's Steve WeissJoe Terranova, Shannon Saccocia, Josh Brown, and Steve Weiss join 'Halftime Report' to discuss a shifting tech trade, Powell's upcoming comments on Wednesday, and more.
Persons: Steve Weiss Joe Terranova, Shannon Saccocia, Josh Brown, Steve Weiss
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArm shares soar in market debut. Here's why the pros are not buying the stock right now. Jim Cramer, Jim Lebenthal of Cerity Partners, Jason Snipe of Odyssey Capital Advisors and Steve Weiss of Short Hills Capital discussed Arm Holdings after shares surged following the company's IPO Thursday.
Persons: Jim Cramer, Jim Lebenthal, Jason Snipe, Steve Weiss Organizations: Cerity Partners, Odyssey Capital, Short Hills, Arm Holdings
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs gains 1% as CEO addresses investor concerns. Here's what the pros sayJim Cramer, Mike Mayo of Wells Fargo, Steve Weiss of Short Hills Capital and Jason Snipe of Odyssey Capital Partners discussed Goldman Sachs after CEO David Solomon talked with CNBC Friday morning about recent negative reports on his management style and workplace culture.
Persons: Goldman Sachs, Jim Cramer, Mike Mayo, Steve Weiss, Jason Snipe, David Solomon Organizations: Short Hills Capital, Odyssey Capital Partners, CNBC Locations: Wells Fargo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple falls on report of China restricted iPhone usage. Here's what the pros sayJoe Terranova of Virtus Investment Partners, Brian Belski of BMO Capital Markets, Steve Weiss of Short Hills Capital and Toni Sacconaghi of Bernstein discussed Apple after the Wall Street Journal reported that China restricted the use of foreign-branded devices, including iPhones by its government officials.
Persons: Joe Terranova, Brian Belski, Steve Weiss, Toni Sacconaghi, Bernstein Organizations: Virtus Investment Partners, BMO Capital Markets, Short Hills Capital, Apple, Wall Street Journal Locations: China
Shares of cybersecurity companies are likely to stay on their "secular" growth trajectory despite an increase in interest rates or a slowdown in global growth, according to several fund managers. In addition, Palo Alto Networks earlier this week reported stronger-than-expected quarterly earnings. CrowdStrike or Palo Alto Networks? Joe Terranova, senior managing director at Virtus Investment Partners, who currently owns CrowdStrike , Palo Alto and Fortinet , agreed. Terranova believes Palo Alto and CrowdStrike will be the "mainstays" in his portfolio and revealed that he recently added to both positions.
Persons: Stephen Weiss, Weiss, CNBC's, CrowdStrike, I'm, Joe Terranova, Cybersecurity, " Terranova, Terranova, Palo, Bryn Talkington, Talkington Organizations: Palo Alto, Short, Virtus Investment Partners, Capital Management, X Locations: Palo, Short Hills, Palo Alto's, billings, Palo Alto, Fortinet
Dick's Sporting Goods stock on track for its worst day ever
  + stars: | 2023-08-22 | 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 EmailDick's Sporting Goods stock on track for its worst day everShort Hills Capital's Steve Weiss joins 'Halftime Report' to discuss why Dick's Sporting Goods is performing poorly today, Dick's reporting an earning's revenue miss and increases in inventory loss due to looting.
Persons: Steve Weiss Organizations: Goods, Sporting Goods
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalo Alto Networks soars 15% after earnings report. What the pros say to do nextJim Cramer, Dan Ives of Wedbush Securities, Joe Terranova of Virtus Investment Partners and Steve Weiss of Short Hills Capital discussed Palo Alto Networks after the cybersecurity company reported better-than-expected earnings.
Persons: Jim Cramer, Dan Ives, Joe Terranova, Steve Weiss Organizations: Wedbush Securities, Virtus Investment Partners, Short Hills Capital, Palo Alto Networks
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTarget pares post-earnings gains. Here's what the pros say to do nextJim Cramer, Michael Baker of D.A. Davidson, Stephanie Link of Hightower Advisors, Karen Firestone Aureus Asset Management and Steve Weiss of Short Hills Capital discussed Target after shares surged following its second-quarter earnings report then slowed into Wednesday's market close.
Persons: Jim Cramer, Michael Baker of D.A, Davidson, Stephanie Link, Karen Firestone, Steve Weiss Organizations: Hightower Advisors, Asset Management, Short Hills
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailServices inflation is still being very stubborn, says Short Hills Capital's Steve WeissCNBC's 'Halftime Report' Investment Committee, Shannon Saccocia, Kari Firestone, Steve Weiss and Bill Baruch, discuss the market winners and losers, and recession likelihood.
Persons: Steve Weiss CNBC's, Shannon Saccocia, Kari Firestone, Steve Weiss, Bill Baruch Organizations: Investment
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon stock climbs 8.3% after biggest profit beat since 2020. How the pros are playing itBrad Erickson of RBC Capital Markets, John Blackledge of Cowen, Steve Weiss of Short Hills Capital, Brenda Vingiello of Sand Hill Global Advisors, Jim Lebenthal of Cerity Partners and Shannon Saccocia Neuberger Berman Private Wealth discussed Amazon after the company reported much higher than expected quarterly results and its largest profit beat since the fourth quarter of 2020.
Persons: Brad Erickson, John Blackledge, Cowen, Steve Weiss, Brenda Vingiello, Jim Lebenthal, Shannon Saccocia Neuberger Berman Organizations: RBC Capital Markets, Short Hills Capital, Global Advisors, Cerity Partners, Wealth Locations: Sand
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailON Semiconductor stock pops after second-quarter earnings. Here's what the pros sayJim Cramer, Joe Terranova of Virtus Investment Partners and Steve Weiss of Short Hills Capital discussed ON Semiconductor's stock hitting a new all-time high after the chipmaker reported second-quarter results that beat on the top and bottom lines.
Persons: Jim Cramer, Joe Terranova, Steve Weiss Organizations: Virtus Investment Partners, Short Hills
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet beats on earnings boosted by YouTube, cloud growth. How the pros are playing the stockJim Cramer, Daniel Flax of Neuberger Berman, Sarat Sethi of Douglas C. Lane & Associates, Steve Weiss of Short Hills Capital and Joe Terranova of Virtus Investment Partners discussed Alphabet after the company beat earnings and revenue estimates in the second quarter and announced some leadership changes.
Persons: Jim Cramer, Daniel Flax, Neuberger Berman, Sarat Sethi, Douglas C, Steve Weiss, Joe Terranova Organizations: YouTube, Lane & Associates, Short Hills Capital, Virtus Investment Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's price target is raised. Here's what the pros are sayingJim Cramer, Steve Weiss of Short Hills Capital and Joe Terranova of Virtus Investment Partners discussed Tesla after the company's first Cybertruck is built and Wells Fargo raises its price target.
Persons: Jim Cramer, Steve Weiss, Joe Terranova, Tesla Organizations: Short Hills Capital, Virtus Investment Partners Locations: Wells
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta hits fresh 52-week high as 100M sign up for its Threads platform. Here's how to play the stockJim Cramer, Joe Terranova of Virtus Investment Partners, Steve Weiss of Short Hills Capital and Roger McNamee of Elevation Partners discussed Meta's new platform Threads after it passed 100 million users and the stock hit a new 52-week high.
Persons: Jim Cramer, Joe Terranova, Steve Weiss, Roger McNamee Organizations: Virtus Investment Partners, Short Hills Capital, Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiogen shares fall after Alzheimer's drug approval. Here's what the pros are sayingMichael Yee of Jefferies, Chris Raymond of Piper Sandler, Kevin Simpson of Capital Wealth Planning, Steve Weiss of Short Hills Capital and Jim Lebenthal of Cerity Partners discussed Biogen after the FDA approved its Alzheimer's drug.
Persons: Michael Yee, Jefferies, Chris Raymond, Piper Sandler, Kevin Simpson, Steve Weiss, Jim Lebenthal Organizations: Capital Wealth, Short Hills Capital, Cerity Partners, FDA
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix hits highest level in 17 months. Here's what the pros are sayingJim Cramer, Joe Terranova of Virtus Investment Partners, Jenny Harrington of Gilman Hill Asset Management, Steve Weiss of Short Hills Capital and Jim Lebenthal of Cerity Partners discussed Netflix after the stock surged to its highest level since February 2022 following an upgrade from Goldman Sachs.
Persons: Jim Cramer, Joe Terranova, Jenny Harrington, Steve Weiss, Jim Lebenthal, Goldman Sachs Organizations: Netflix, Virtus Investment Partners, Asset Management, Short Hills Capital, Cerity Partners, Goldman
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI still think we are going into recession, says Short Hills Capital’s Steve WeissLiz Young, Jim Lebenthal, Bryn Talkington and Steve Weiss join 'Halftime Report' to discuss the market as stocks rise to close out strong first half on encouraging inflation data, what lies ahead, and more.
Persons: Steve Weiss Liz Young, Jim Lebenthal, Bryn Talkington, Steve Weiss
Apple isn't worth its current valuation, according to Short Hills managing partner Steve Weiss. “The stock has not moved up in the fundamentals, it’s moved up because it’s safety,” Weiss said. "The stock has not moved up in the fundamentals, it's moved up because it's safety." That surge has lifted the company's valuation from $2.1 trillion to $2.9 trillion, according to data from CompaniesMarketCap. Read more: Tech stocks are outperforming their rivals by the most since the dot-com bubble
Persons: Steve Weiss, it’s, ” Weiss, , David Tepper's, CNBC's, it's, Weiss, wouldn't Organizations: Apple, Short Hills, Service, Short Hills Capital Partners, Carolina Panthers, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple nears exclusive $3 trillion market cap. Here's what the pros are sayingJosh Brown of Ritholtz Wealth Management, Barton Crockett of Rosenblatt Securities and Steve Weiss of Short Hills Capital discuss Apple as the iPhone maker as it nears $3 trillion in market cap.
Persons: Josh Brown, Barton Crockett, Steve Weiss Organizations: Apple, Ritholtz Wealth, Rosenblatt Securities, Short Locations: Short Hills
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCommercial real estate will see a trillion in refinancing, says Short Hills Capital's Steve WeissBryn Talkington, Joe Terranova, and Steve Weiss join 'Halftime Report' to discuss major indices moving into the green, expectations for the Fed's July move, and division between the economy and the market.
Persons: Steve Weiss Bryn Talkington, Joe Terranova, Steve Weiss
On Thursday's "Ask Halftime," traders answered questions from CNBC Pro subscribers about stocks and sectors as the market appears to be in a holding pattern ahead of the Federal Reserve's meeting next week. Jenny Harrington of Gilman Hill Asset Management was asked whether to buy, sell or hold New York Community Bank after she recommended it on "Halftime" recently. She discusses why she is still holding the regional bank and why she is predicting its shares will continue to go higher. Also, Steve Weiss of Short Hills Capital talked about why investors shouldn't short mega-cap tech names but can look to hedge some positions.
Persons: Jenny Harrington, Steve Weiss Organizations: CNBC Pro, Asset Management, New York Community Bank, Short Locations: Short Hills
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTarget shares rise after earnings beat. Here's how the pros are playing itJim Cramer, Stephanie Link of Hightower Advisors, Steve Weiss of Short Hills Capital, and Karen Firestone of Aureus Asset Management on what they think about Target after the company beat earnings expectations despite small sales growth.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBetter growth comes from 'hard asset sectors', says Cerity's Lebenthal on buying utilities over techJosh Brown, Ritholtz Wealth Management CEO, Anastasia Amoroso, iCapital chief investment strategist, Steve Weiss, Short Hills Capital, and Jim Lebenthal, Cerity Partners chief equity strategist, join 'Halftime Report' to discuss buyback support in tech, when to sell the FAANG stocks, and timing cyclical exposure.
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