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☆ All eyes on the consumer ahead of Black Friday and the holidays
▼ + stars: | 2022-11-13 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

Beyond a slew of retail earnings reports, the government will report retail sales figures for October on Wednesday. But the most recent Consumer Price Index figures for October provided some relief for shoppers…and Wall Street. Consumer spending rose 1.4% during the third quarter, according to the government’s most recent gross domestic product (GDP) report. A report on housing starts and building permits data for October will come out towards the end of this week. When Home Depot reported its most recent earnings in August, it noted that customers didn’t make as many purchases as they did a year ago.

☆ Starboard takes a stake in Splunk. Here’s how the activist investor may help boost margins
▼ + stars: | 2022-11-12 | by ( Kenneth Squire | ) www.cnbc.com time to read: +4 min

Activist Commentary: Starboard is a very successful activist investor and has extensive experience helping companies focus on operational efficiency and margin improvement. Splunk has a leading market share and is considered the "gold standard" in the log management and security markets. This is a typical Starboard investment – a company with strong top-line growth and enviable market position that needs help with optimizing growth and margins. When an activist takes a position at a company, it puts that company in pseudo-play with potential acquirers often coming out of the woodwork. You would think that their interest level has piqued a little with Splunk now trading at a $12.7 billion market cap.

☆ 'We will resist the temptation to bottom fish': A 42-year market vet says the tech stocks that dominate the market are still overvalued — and their impending demise will further bring down the rest of
▼ + stars: | 2022-11-12 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

But according to Bill Smead, a 42-year market vet and the founder and CIO of Smead Capital Management, the group is still overvalued. Smead Capital Management"As you can see, it took years for the tech bubble stocks of 1999 to get interesting. Smead also included a chart on the average valuation of the top 100 tech stocks, which still shows historically elevated levels. Smead Capital Management"Hannibal Lecter said to Clarisse in the movie The Silence of the Lambs, 'Have the lambs stopped screaming?' Smead's views in contextSmead's view that tech stocks are overvalued is shared by some.

In Arizona Senate, Democratic Sen. Mark Kelly is ahead of Republican Blake Masters by 115,000 votes with 80% in. On Dobbs, the national exit poll showed 27% of voters picking abortion as their No. And remember that our final NBC News poll found Trump as one of the most unpopular political figures we measured, especially compared with President Biden. In each state, those Democratic secretaries of state nominees were running against Republicans who cast doubt on the 2020 election result. Two of those five feature Democrat vs. Democrat contests, thanks to the state’s Top 2 primary, so those will stay in the Democratic column.

☆ After this week's big market rally, here's a rapid-fire update on all 32 stocks in our portfolio
▼ + stars: | 2022-11-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Cisco Systems (CSCO): It reports next week and we think it should deliver a decent quarter as it converts its backlog into revenue. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Stock market rally will be put to test in week ahead, after yields fall and tech surges
▼ + stars: | 2022-11-11 | by ( Patti Domm | In | ) www.cnbc.com time to read: +10 min

This week, bond yields also came off their highs and were sharply lower, paving the way for gains in tech and growth shares. They include Fed Vice Chair Lael Brainard, New York Fed President John Williams and Minneapolis Fed President Neel Kashkari to name a few. Hogan said that group includes Bullard, Brainard and San Francisco Fed President Mary Daly. Many strategists are calling the move higher a bear market rally, and some expect it will fizzle in December while others say it could continue into the new year. Friday Earnings: JD.com, Foot Locker, Buckle 8:40 a.m. Boston Fed President Susan Collins 10:00 a.m.

☆ Inflation cools and markets soar, led by tech stocks: How we're making sense of this big week
▼ + stars: | 2022-11-11 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Markets closed higher for the week after a stellar rally Thursday that saw Big Tech stocks soar on the back of weaker-than-expected consumer price index (CPI) data for October. The S & P 500 closed up more than 5% for the week, its best week since June. Meanwhile, Club holding Amazon (AMZN) is reportedly conducting a broad cost-cutting review , according to The Wall Street Journal. But we think more data is needed before the Fed is able to tone down its hawkish commentary on rates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Cisco to open new chip design center in Barcelona, Spain says
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: 1 min

Bosch CEO sees inflation weighing on margins but could ease chip shortage, article with imageTechnology · November 10, 2022 · 7:22 AM UTCGerman auto supplier Bosch (ROBG.UL) sees a possible easing of the global chip shortage in the second half of 2023 if demand dips under the weight of inflation, CEO Stefan Hartung said on Wednesday.

☆ 3 takeaways from our daily meeting: CPI in focus, Disney’s dismal quarter, Meta layoffs
▼ + stars: | 2022-11-09 | 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. Looking ahead to CPI Disney's dismal earnings Club names in the news 1. Club names in the news: META, CSCO Meta Platforms (META) laid off 13% of its workforce , or over 11,000 employees, on Wednesday. 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.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, AMC, Kroger, Disney, Robinhood & more
▼ + stars: | 2022-11-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Evercore ISI upgrades Kroger to outperform from in line Evercore said in its upgrade of the stock that it sees "high teen upside." Wedbush reiterates Tesla as outperform Wedbush says it's concerned about company founder Elon Musk selling shares of Tesla. "For Musk who multiple times over the past year has said he is 'done selling Tesla stock' yet again loses more credibility with investors and his loyalists in a boy who cried wolf moment. Musk is the most important part of the Tesla story by a wide margin and every move he makes has a major impact on Tesla stock." Morgan Stanley reiterates Disney as outperform Morgan Stanley says it's standing by shares of Disney after the company's disappointing earnings report on Tuesday.

“We cannot move on from the 2020 election,” he said at a debate in April during the GOP primary. Marchant has said he would not have certified the 2020 results in the state, which Biden won. Republican Tudor Dixon — who has said the 2020 election was stolen — is running for governor against Democratic incumbent Gretchen Whitmer. Matthew DePerno, who is running for attorney general against Democratic incumbent Dana Nessel, has also repeatedly espoused debunked conspiracy theories surrounding the 2020 election results in Michigan. DePerno has also argued that any Michigan resident should have the right to demand a vote audit of the state’s election results.

☆ Stocks usually climb in the year after midterms. These Club names have been big winners in prior cycles
▼ + stars: | 2022-11-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

The S & P 500 advanced 11.7% in that stretch. 2014 election The S & P 500 rose 4.5% between Nov. 4, 2014 and Nov. 4, 2015. These are the five best-performing Club stocks over those 12 months: Amazon (AMZN), Starbucks (SBUX), Constellation Brands (STZ), Nvidia (NVDA) and Meta Platforms. 2010 election Between Nov. 2, 2010 and Nov. 2, 2011, the S & P 500 climbed 3.7%. 2006 election The S & P 500 rose 6.7% between Nov. 7, 2006 and Nov. 7, 2007.

☆ U.S. CFOs Ask Congress to Repeal Change to R&D Tax Rules
▼ + stars: | 2022-11-07 | by ( Jennifer Williams-Alvarez | In A Letter Finance Chiefs On The Change To R D Deductibility Tax Rules. | ) www.wsj.com time to read: +8 min

For decades, businesses were allowed to deduct certain R&D expenses straight away to reduce their taxable income. Tax deductions are subtractions from taxable income while tax credits get subtracted from the amount of tax owed. Over the course of this year, companies have been making estimated tax payments that incorporate the R&D change, tax attorneys said. On the agenda: Agreeing on funding the government to avoid a shutdown, aid for Ukraine, alongside potential changes to the treatment of R&D expenses. When it comes to a potential repeal or deferral related to R&D deductibility, timing is crucial, said Shelby Ford, a tax partner at Crowe LLP, a public accounting, consulting and technology firm.

☆ Factbox: Corporate America lays off thousands as recession worries mount
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +7 min

DoorDash Inc (DASH.N):The food delivery firm, which enjoyed a growth surge during the pandemic, said it was reducing its corporate headcount by about 1,250 employees. Twitter Inc:The social media company laid off half its workforce across teams ranging from communications and content curation to product and engineering following Elon Musk's $44 billion takeover. Chime Financial Inc:The online banking firm has laid off 12% of its employees, or about 160 jobs, a spokesperson said. Coinbase Global (COIN.O):The cryptocurrency exchange said it planned to cut over 60 jobs, in its recruiting and institutional onboarding teams. CNN:Warner Bros Discovery-owned (WBD.O) CNN's top boss Chris Licht informed employees in an all-staff memo that job cuts were underway.

☆ Dremio: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

Dremio is an open lakehouse platform aiming to reinvent SQL — a core language used to manage data — and simplify data structure. Founded in 2015 in Santa Clara, California, the company allows data teams to save time pulling insights and makes data engineering easier. With Dremio, users have the ability to access analytics and business intelligence on their data lakehouse with the same functionality as data warehouses. The company announced that it closed a $160 million Series E funding round in January 2022, which doubled its valuation to $2 billion. Insight Partners, Norwest Venture Partners, Lightspeed Venture Partners, Redpoint, Cisco and Sapphire Ventures are among Dremio investors.

☆ Aviatrix: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

In 2014, Sherry Wei, Aviatrix's CTO and founder, left Cisco to create Aviatrix on the premise that cloud networking is far different than data center networking from the perspective of an enterprise customer. Steve Mullaney, who had been CEO of software-defined networking pioneer Nicira, came out of retirement in 2019 to join Wei in her mission after he too saw the massive growth in cloud demand from enterprise companies. The Santa Clara, California-based Aviatrix provides a networking platform that companies use to manage the flow of data traffic in their cloud environment. In September 2021, the company raised $200 million in funding with growth equity firm TCV leading the round. The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC).

☆ Harness: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Co-founder Jyoti Bansal sold his first company AppDynamics to Cisco for $3.7 billion and just six years later he has brought Harness up to its own $3.7 billion valuation as of its last fundraising in April. Every company is now a software company and with that digital transformation come issues of constant code fixes and cyber vigilance. The aim of Harness is to provide an estimated 27 million software developers globally the ability to create and send code to end users faster, more efficiently, and securely. Key cloud integrations include Google Cloud, AWS and Microsoft Azure. The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC).

☆ Balbix: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Balbix uses AI and automation to reinvent how leading organizations reduce their cyber risk, an issue that's getting more complex every year. Embracing a business model referred to as cyber posture automation, the goal is to quantify the risks of hacking to organizations and move the cyber defense decision-making across the entire C-suite rather than focused solely on CISOs. Instead, CISOs need to facilitate the quantification of cyber risk in business terms and help drive the rest of the leadership team towards speedy cyber risk remediation/mitigation efforts before a breach even happens." To date, the company has raised $101.6 million over three rounds, with the most recent being $70 million in March. Investors include Alter Venture Partners, Redline Capital, Third Point Ventures, and Nautilus Venture Partners.

☆ JupiterOne: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

Founder Erkang Zheng came to the U.S. from China as an immigrant during his high school years and after deciding it took too long to follow his first dream of becoming a doctor, he got a degree in computer science instead and proceeded through a series of cybersecurity jobs at companies including IBM and Fidelity Investments before founding JupiterOne. It is helping companies manage their clouds, pass security audits, and scale their defenses as they grow security and DevOps teams in a way that gains the trust of clients. Customers include fellow Top Startup Databricks and key integrations in the cloud include AWS. The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC). Learn more about CNBC Councils.

☆ Elon Musk is whipping up chaos at Twitter. It's a terrible playbook for leadership following an acquisition.
▼ + stars: | 2022-11-04 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +5 min

Since buying Twitter, Elon Musk has fired execs and reportedly asked for 84-hour workweeks. Musk, who rarely sticks to a leadership script, doesn't seem intent on winning employees' trust or providing clarity about the company's future. Most Twitter employees would be able to get another job relatively easily. "If you're technical talent, you're still going to be in demand if you're good," said Steve Cadigan, who runs Cadigan Talent Ventures and previously worked on mergers and acquisitions at Cisco. Even though the self-dubbed chief twit's path isn't clear to observers, Cadigan said Musk typically knows what he's doing.

Fontes, a Marine and former Maricopa County elections administrator, is running for the job that oversees elections in Arizona. His opponent is Republican state legislator Mark Finchem, a 2020 election denier and self-identified member of the far-right militia group Oath Keepers. There are several Latino Republican candidates who are election deniers, too, such as Anna Paulina Luna, a Republican running for election to the U.S. House to represent Florida’s 13th District. 'Our community is demonized'Election denialism is still “overwhelmingly concentrated among non-Hispanic whites," said Francisco Pedraza, an associate director at Arizona State University's Center for Latinas/os and American Politics Research. In 2020, Latino voters helped Joe Biden win the state.

☆ Net Zero Hinges on Lower-Emission, Circular Technology, Cisco’s First Sustainability Chief Says
▼ + stars: | 2022-10-31 | by ( Dieter Holger | ) www.wsj.com time to read: 1 min

Cisco Systems Inc.’s first sustainability chief is charting the technology company’s course to net-zero greenhouse-gas emissions by 2040, a goal that will require big changes to its products and how customers power them. Mary de Wysocki was named to the new role in August following more than a decade at the helm of the company’s corporate social responsibility program, including its philanthropic arm.

☆ Women in venture capital are writing the rules of maternity leave and bending the male-dominated culture to their will
▼ + stars: | 2022-10-31 | by ( Melia Russell | Madeline Renbarger | ) www.businessinsider.com time to read: +13 min

And with more women entering the male-dominated venture industry, firms are being forced to craft maternity leave policies on the fly to accommodate new mothers. Forty years ago, the clubby male world of venture capital admitted so few women that maternity leave as a benefit was effectively nonexistent. "There is no playbook about how to take maternity leave or raise a family while also accelerating your career as an investor." Lux CapitalLike in many male-dominated industries, maternity leave as a benefit for investors doesn't come up in conversation until someone needs it. Though, the best policies, investors said, give women choices about how they operate on leave, rather than prescribing a one-size-fits-all leave.

☆ With the Dow outperforming, here's how investors can harness the stock index
▼ + stars: | 2022-10-31 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Of the three major stock market indices, investors currently favor the Dow Jones Industrial Average – particularly in the wake of last week's dismal quarterly reports by mega cap tech firms and the subsequent sell off. So, given this backdrop, how can investors harness an outperforming Dow when constructing their portfolio? The simplest approach would be to look at the companies that comprise the index and pick those with further room to run. Here's a rundown of how we measure our portfolio against the Dow across health-care, finance and semiconductor stocks. Photo taken on March 1, 2022 shows monitors displaying stock market information at the New York Stock Exchange in New York, the United States.

☆ After leading $20 billion Figma deal, Adobe's David Wadhwani is in prime spot to be next CEO
▼ + stars: | 2022-10-31 | by ( Jordan Novet | ) www.cnbc.com time to read: +15 min

The business Wadhwani oversees is roughly three times the size as Chakravarthy's in terms of revenue. For Wadhwani, Figma represents a risky bet on growth at a time when Wall Street is telling tech companies to tighten their belts and preserve cash. The make-or-break betIn his 15-year tenure as CEO, Narayen hasn't been shy about dealmaking, just at a smaller size. And it might be Wadhwani's make-or-break opportunity to prove he should be CEO of the fourth-biggest U.S. business software company by market cap. Shantanu Narayen, CEO, Adobe Mark Neuling | CNBCThe revenue became more predictable and less closely associated with product releases.

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