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☆ I tell investors you have to produce a new investing playbook, says Requisite Capital's Talkington
▼ + stars: | 2022-10-26 | 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 EmailI tell investors you have to produce a new investing playbook, says Requisite Capital's TalkingtonCNBC's Halftime Report investment committee discusses the Nasdaq's performance in spite of Microsoft and Alphabet, if anyone on the committee is surprised by Alphabet's recent performance and more.

☆ Spanish soccer fan walking to Qatar World Cup missing in Iran
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +3 min

[1/2] Spanish man, Santiago Sanchez, walks in Iraq's Kurdistan region towards Qatar, where he aims to attend the 2022 World Cup, near Zakho, Iraq August 28, 2022. REUTERS/Charlotte BruneauMADRID, Oct 26 (Reuters) - A 41-year-old Spanish soccer fan who set out to walk to Qatar to attend the World Cup in November has gone missing in Iran, where unrest has erupted in the past few weeks, Spain's foreign ministry has confirmed. Spain's Foreign Ministry confirmed Sanchez was in Iran and its embassy in Tehran was urgently seeking information on his whereabouts to provide him with consular assistance. He has already been to Iran, it's a hospitable country... but this time it was a delicate moment." He told Reuters in Zakho in Iraqi Kurdistan last month that he hoped he might meet the Spanish team and inspire them to victory in the 2022 World Cup.

☆ The Hyundai Ioniq 5 just won MotorTrend's SUV of the Year. See the 5 things we liked best about the electric model when we tested it.
▼ + stars: | 2022-10-24 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

The Hyundai Ioniq 5 just won MotorTrend's SUV of the Year award. Space-age looksThe 2022 Hyundai Ioniq 5. The 2022 Hyundai Ioniq 5. The 2022 Hyundai Ioniq 5. The 2022 Hyundai Ioniq 5.

☆ Abu Dhabi fund ADQ invests $125 mln in female-led Aliph Capital
▼ + stars: | 2022-10-24 | by ( Yousef Saba | ) www.reuters.com time to read: +1 min

DUBAI, Oct 24 (Reuters) - Abu Dhabi sovereign wealth fund ADQ has invested $125 million in the debut fund launched by Aliph Capital, the Middle East's first female-led private equity firm. The investment announced by ADQ and Aliph's founder accounts for half of the $250 million Aliph Fund I (LP), which will focus on medium-sized companies in the region. "Aliph Capital will seek to acquire sizeable, active positions in privately owned mid-market companies across the GCC that possess robust business fundamentals," the ADQ statement said. Register now for FREE unlimited access to Reuters.com RegisterThe smallest of Abu Dhabi's three main sovereign wealth funds, ADQ has emerged as one of the region's most active dealmakers. The hold period for portfolio companies is five to seven years, Lawati said, adding that ADQ's interest in Aliph Capital was because of its focus on small and medium companies.

☆ Watch CNBC's full interview with NorthmanTrader's Sven Henrich
▼ + stars: | 2022-10-24 | 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 EmailWatch CNBC's full interview with NorthmanTrader's Sven HenrichSven Henrich, NorthmanTrader founder and lead market strategist, joins 'TechCheck' to discuss Microsoft's recent stock performance, the broader Nasdaq's recent performance and his argument for today's market.

☆ Microsoft could rally hard with market, says NorthmanTrader's Henrich
▼ + stars: | 2022-10-24 | 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 EmailMicrosoft could rally hard with market, says NorthmanTrader's HenrichSven Henrich, NorthmanTrader founder and lead market strategist, joins 'TechCheck' to discuss Microsoft's recent stock movement, the broader Nasdaq's recent performance and his argument for today's market.

☆ Nasdaq halts IPOs of small Chinese companies as it probes stock rallies
▼ + stars: | 2022-10-22 | by ( Echo Wang | ) www.reuters.com time to read: +5 min

The stock exchange operator's actions come amid a surge in the shares of Chinese companies that raise small amounts, typically $50 million or less, in their IPO. Nasdaq started asking the advisers of small Chinese IPO candidates questions in mid-September. Seven sources who work on IPOs of small Chinese companies spoke to Reuters on the condition that neither they nor their clients be identified. LOOPHOLESNasdaq's intervention underscores how liquidity standards it adopted in the last three years to prevent stock manipulation in small IPOs have loopholes that Chinese companies are exploiting. There have been 57 listings of small Chinese companies in the last five years, up from 17 listings in the prior five years, according to Dealogic.

☆ Bitcoin's volatility falls below Nasdaq and S&P 500's for first time since 2020
▼ + stars: | 2022-10-21 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

While bitcoin's price is stuck lately, there is one good thing to come from it for investors betting on crypto to become a legitimate asset class: It's less of a wild ride. After hovering in the $19,000 level for more than a month, bitcoin's volatility is now lower than that of both the Nasdaq and S&P 500, according to Kaiko. (Though bitcoin's correlation with stocks has eased, it remains high and its price continues to be driven by macro themes.) "Bitcoin volatility is at multi-year lows while equity volatility is only at its lowest level since July," Clara Medalie, head of research at Kaiko, told CNBC. The data suggests that cryptocurrency markets are less reactive to volatile macro events than they were earlier on in the year, whereas equity markets have remained highly sensitive."

Ancient rock carvings that are believed to be more than 2,700 years old have been unearthed by a team of archaeologists in Iraq's northern city of Mosul. The marble slabs were found during restoration work on the Mashki Gate, an ancient monument that was partially destroyed by Islamic State militants when they captured the city in 2016. The relief carvings show scenes of war from the rule of Assyrian kings, in the ancient city of Nineveh, the Iraqi State Board of Antiquities and Heritage said in a statement Wednesday. The gray stone carvings date to the rule of King Sennacherib, in power from 705 to 681 B.C., the statement added. The discovery was made last week by an Iraqi team, alongside American experts from the University of Pennsylvania who are helping to lead the reconstruction effort.

☆ Nasdaq profit rises 15% as market rout fuels demand for investment products
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +2 min

Oct 19 (Reuters) - Nasdaq Inc (NDAQ.O) reported a 15% jump in third-quarter adjusted profit on Wednesday, driven by strong demand for the exchange operator's investment products that helped offset a slowdown in initial public offerings. Register now for FREE unlimited access to Reuters.com RegisterRevenue at the firm's solutions segment, which houses its technology products, jumped 8% to $584 million. Excluding one-time items, Nasdaq earned 68 cents per share in the quarter ended Sept. 30. In line with other major financial firms, Nasdaq has also battled rising costs amid decades-high inflation. The company said it repurchased $633 million in shares of its common stock in the first nine months of the year.

☆ Iraq reiterates support for OPEC+, Saudi Arabia
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: 1 min

CAIRO, Oct 18 (Reuters) - Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy, reiterating its support for OPEC+ and Saudi Arabia after the alliance's decision to cut oil production by 2 million barrels per day caused a rift between Washington and Riyadh. The ministry added in a statement carried by the state news agency that it calls for "resolving any disagreement related to this case through the natural means and in the context of a direct and balanced dialog". Register now for FREE unlimited access to Reuters.com RegisterReporting by Lilian WagdyOur Standards: The Thomson Reuters Trust Principles.

☆ This stock market rally has some staying power but there's one big obstacle
▼ + stars: | 2022-10-18 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

As yields rose from just under 4% Tuesday morning, the stock market rally lost some steam. That should help stocks rally into year end, but he expects the yield to rise again next year, challenging the market. But he is encouraged by the strength of the rally and says there's a chance this could be the start of a new bull market. "You could always side conservatively and assume it's a bear market rally," he said. But he is also watching the market day-to-day, and expects it is in a bear market rally, rather than a new bull trend.

☆ Abu Dhabi transfers Etihad Aviation Group to wealth fund ADQ
▼ + stars: | 2022-10-18 | by ( Yousef Saba | ) www.reuters.com time to read: +2 min

DUBAI, Oct 18 (Reuters) - Abu Dhabi sovereign wealth fund ADQ said on Tuesday the government had transferred full ownership of Etihad Aviation Group to the fund. "The transfer of EAG complements ADQ's efforts to transform Abu Dhabi into a global aviation hub anchored in end-to-end airport service excellence," ADQ said in a statement. The smallest of Abu Dhabi's three main sovereign wealth funds, ADQ has emerged as one of the region's most active dealmakers. Register now for FREE unlimited access to Reuters.com RegisterOn Monday, it said it had made an offer to take a controlling stake in Abu Dhabi Aviation (ADAVIATION.AD) and merge the helicopter operator with ADQ stakes in Etihad Engineering, AMMROC and GAL to create a "globally competitive aviation business". Etihad Airways scaled back its ambitions after it spent billions of dollars to ultimately unsuccessfully compete in building a major airport hub in United Arab Emirates capital Abu Dhabi.

☆ Cadillac's new $300,000 electric car comes with 5 screens, futuristic looks, and 300 miles of range — see the Celestiq
▼ + stars: | 2022-10-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq. The Cadillac Celestiq.

☆ Iraq says OPEC+ decisions are based on economic indicators, taken unanimously
▼ + stars: | 2022-10-16 | by ( ) www.reuters.com time to read: 1 min

Oct 16 (Reuters) - Iraq's Oil Marketing Company (SOMO) said on Sunday that OPEC+ decisions are based on economic indicators and are taken unanimously. "There is complete consensus among OPEC+ countries that the best approach in dealing with the oil market conditions during the current period of uncertainty and lack of clarity is a pre-emptive approach that supports market stability and provides the future the guidance it needs," SOMO said in a statement. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nayera Abdallah and Yasmin HussinOur Standards: The Thomson Reuters Trust Principles.

CAIRO Oct 16 (Reuters) - OPEC+ member states lined up on Sunday to endorse a steep production cut agreed this month after the White House, stepping up a war of words with Riyadh, claimed Saudi Arabia had pushed some other nations into the move. Iraq, OPEC's second largest exporter, said the decision was based on economic indicators and was taken unanimously. The cut came despite oil markets being tight, with inventories in major economies at lower levels than when OPEC has cut output in the past. But some analysts have said recent volatility in crude markets could be remedied by a cut that would help attract investors to a market that was underperforming fundamentals. Oman's energy ministry said OPEC+ decisions were based purely on the realities of market supply and demand.

A helicopter flies over the downtown skyline, amid the coronavirus disease (COVID-19) outbreak, as seen from the Cleveland Clinic hospital in Abu Dhabi, United Arab Emirates, April 20, 2020. ADQ, the smallest of Abu Dhabi's three main sovereign wealth funds, began in 2018 as a vehicle for holding state assets. ADQ and the UAE foreign ministry did not respond to emailed requests for comment. Among recent deals, ADQ launched a $300 million technology fund in March with Turkey's sovereign wealth fund to invest in venture capital funds and opportunities inside Turkey. "They are the ones that promote UAE economic diplomacy, its regional and global influence," he said.

☆ Stocks making the biggest moves midday: JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more
▼ + stars: | 2022-10-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Citigroup — Citigroup rose more than 1% after its third-quarter revenue climbed more than analysts expected, helped by rising interest rates. However, its earnings fell 25% from the year-earlier period as it bulked up its credit loss provisions and investment banking slumped. Wells Fargo — The bank stock was up 3% after Wells Fargo reported quarterly earnings and revenue that topped analysts' expectations. US Bancorp - Shares of US Bancorp rose 3.7% after the bank's third-quarter earnings came in above Wall Street analyst expectations. First Republic Bank — The bank stock dropped more than 14% after First Republic posted its third-quarter results.

Newly elected Iraqi President Abdul Latif Rashid has named Mohammed Shia al-Sudani as prime minister-designate and tasked him with forming a new government in Baghdad, Iraq, October 13, 2022. Rashid, 78, was the Iraqi minister of water resources from 2003-2010. Sudani, 52, previously served as Iraq’s human rights minister as well as minister of labour and social affairs. Under a power-sharing system designed to avoid sectarian conflict, Iraq's president is a Kurd, its prime minister a Shi'ite and its parliament speaker a Sunni. Rashid’s election raises concerns about escalating tensions between the KDP and PUK, who fought a civil war in the 1990s.

☆ This startup could become the Google Analytics of carbon accounting. Here's the 13-slide pitch deck Climatiq used to raise $5.8 million.
▼ + stars: | 2022-10-13 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

Climate tech startup Climatiq has raised 6 million euros (around $5.8 million) in a seed round. VC firm Singular led the round into the carbon API startup with Cherry Ventures also participating. Companies can also import their own carbon emissions data to provide a more accurate estimate of their impact. Some consumer-focused tools already embed emissions data. Emissions data is already shown on travel sites like Google Flights.

☆ 3 takeaways from our daily meeting: Wall Street's bounce, small buy, reviewing analyst notes
▼ + stars: | 2022-10-12 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. LVMH also owns Sephora, which carries prestige beauty brands like Estee Lauder, which is another good sign for the Club stock. Quick mentions: PG, PXD, AMZN Atlantic Equities upgraded Kimberly Clark, the maker of Huggies and Kleenex, to overweight. 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.

☆ Putin is making strategic mistakes because nobody in the Kremlin can tell him he's wrong, UK intelligence chief says
▼ + stars: | 2022-10-11 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Putin's strategy is failing because he has "little effective internal challenge," per a UK intel chief. The remarks come after Putin launched a major bombardment of Ukrainian cities and facilities. The Russian leader has surrounded himself primarily with people who share his mindset, making internal challenges to his thinking exceedingly rare. Putin framed this as retaliation for an attack on the Kerch Strait Bridge over the weekend, state media reported. On Saturday, Putin named a notoriously brutal commander, Sergei Surovikin, to lead Russia's assault on Ukraine.

☆ Disney pushes back several Marvel movie release dates
▼ + stars: | 2022-10-11 | by ( Danielle Broadway | ) www.reuters.com time to read: +2 min

Oct 11 (Reuters) - Walt Disney Co (DIS.N) announced on Tuesday it will be pushing back the release dates for numerous upcoming Marvel films including, "Blade," "Fantastic Four" and "Avengers: Secret Wars." Following "Blade" director Bassam Tariq's departure from the project in September due to scheduling conflicts, Marvel has decided to temporarily shut down production of the film to search for a new director. "Blade" is now slated to premiere on Sept. 6, 2024 instead of Nov. 3, 2023, which has impacted the rest of the studios' production scheduling. The Marvel Blade character who first appeared in comic book "The Tomb of Dracula," written by Marv Wolfman in 1973 eventually had his own storyline that was later adapted into the Wesley Snipes film trilogy which includes, "Blade," "Blade II" and "Blade Trinity.”Throughout the Marvel Cinematic Multiverse, stories have been intertwined and a significant delay from one film often impacts the slate for others. Register now for FREE unlimited access to Reuters.com RegisterReporting by Danielle Broadway; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ Iraqi parliament to vote Thursday on new president amid divisions
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

Iraqi Shi'ite cleric Moqtada al-Sadr speaks during news conference in Najaf, Iraq this screen grab taken from a live video August 30, 2022. Under a power-sharing system designed to avoid sectarian conflict, Iraq's president is a Kurd, its prime minister a Shi'ite and its parliament speaker a Sunni. Disagreement among the main Kurdish parties that run the semi-autonomous Kurdistan region in northern Iraq has prevented the selection of a president. The Patriotic Union of Kurdistan party has held the presidency since 2003. A lawmaker from the Kurdistan Democratic Party said no agreement with Patriotic Union of Kurdistan party has been reached yet.

☆ Analyst says this FAANG stock is an evergreen winner — and investors should buy the dip
▼ + stars: | 2022-09-29 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Investors may be fleeing the sector in droves, but Barton Crockett, senior research analyst at Rosenblatt Securities, said the sell-off is an opportunity for long-term investors to buy the dip. One such "winner" that Crockett likes is Alphabet , which he described as a "good story" that will be "here today and tomorrow." But the stock has outperformed all its peers in the FAANG (Facebook, Amazon, Apple, Netflix, and Google) grouping except Apple . 'Be choosy' Despite the challenges of the current investing climate, Crockett said investors should remain exposed to tech. "You have to have the fortitude to ideally absorb some of the near-term gyrations for a long-term return," he said.

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