Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Capital Management"


25 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'It is gambling': Fund manager slams the meme stock craze as GameStop, AMC shares soarCole Smead, CEO Smead Capital Management, weighs in on the return of the meme stock craze as GameStop and AMC shares soar once again.
Persons: Cole Smead Organizations: Fund, GameStop, AMC, Capital Management
Fund manager Cole Smead has described the meme stock craze as "frankly stupid," as day traders once again pile into GameStop and AMC . The jump was seemingly prompted by a post on social media platform X by "Roaring Kitty," who in 2021 encouraged an army of day traders to pile into GameStop. In premarket trading on Tuesday, shares in GameStop and AMC were up 47% and 51% respectively at 6 a.m. E.T. Quoting "the late, great Charlie Munger," Smead said the day traders were "just taking in rat poison." Munger, who passed away last year, was the vice chairman of Berkshire Hathaway and famously described cryptocurrency as "rat poison."
Persons: Cole Smead, You've, Roaring, Kitty, Keith Gill, E.T, Charlie Munger, Smead, Munger, Berkshire Hathaway, Yun Li, Fred Imbert Organizations: GameStop, AMC, Smead Capital Management, Massachusetts Mutual Life Insurance, Berkshire
The meme stock craze is back , but hedge-fund titan Boaz Weinstein said he wants nothing to do with it. The resurgence of meme mania began late Sunday when " Roaring Kitty ," the man who first ignited the meme stock phenomenon through GameStop in 2021, posted on X for the first time since then. Beyond meme stocks, Weinstein said there's sure to be plenty of volatility in the "foggy" market in the months to come, citing inflation, geopolitics and the upcoming U.S. presidential election. When you put all that together … we're going to have a credit crunch in the next couple of years if things don't change." "Maybe in both cases, there's going to be plenty of volatility, and I'm quite excited for it," he added.
Persons: Boaz Weinstein, Weinstein, CNBC's, there's, … we're, Donald Trump Organizations: Saba Capital Management, GameStop, AMC
Saba Capital's Boaz Weinstein on BlackRock campaign
  + stars: | 2024-05-14 | 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 EmailSaba Capital's Boaz Weinstein on BlackRock campaignBoaz Weinstein, founder and chief investment officer at Saba Capital Management, joins CNBC's 'Squawk Box' to discuss their firm's fight against BlackRock over closed-end funds, how he sees the resurgence of meme stocks craze and more.
Persons: Saba Capital's Boaz Weinstein, Boaz Weinstein Organizations: BlackRock, Saba Capital Management
Watch CNBC's full interview with Saba Capital's Boaz Weinstein
  + stars: | 2024-05-14 | 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 Saba Capital's Boaz WeinsteinBoaz Weinstein, founder and chief investment officer at Saba Capital Management, joins CNBC's 'Squawk Box' to discuss their firm's fight against BlackRock over closed-end funds, how he sees the resurgence of meme stocks craze and more.
Persons: Saba Capital's Boaz Weinstein Boaz Weinstein Organizations: Saba Capital Management, BlackRock
Celsius (CELH) is an energy drink company that emerged from small cap status in 2020 to a $21 billion market cap company today. The stock carries a hefty valuation, but with the recent breakout following earnings last week I think it can rally even higher. I first wrote about Celsius here on Jan 17 as the stock was gearing up to break through the $63 and $69 resistance levels. The fundamental case Even so, last week's Q1 earnings report was met with some confusion. The chart below shows CELH quarterly revenue growth with the most recent quarter showing a slight lower-high based on that $355 million top line figure.
Persons: Red Bull, we'll, Todd Gordon, Gordon, CELH Organizations: Red, Monster Beverage, Elliott, Pepsi, Tactical Alpha, Inside Edge, Inside Edge Capital Management
One investor says growth stocks still offer opportunities — but it's time to get selective. "Growth stocks will continue to outperform value stocks, generally speaking. Growth stocks are expected to grow rapidly, but do not pay out dividends and are often often more expensive than so-called value stocks. When considering which stocks to buy, Coons stressed the importance of valuations. "I would stay away from growth stocks outperforming because of story and invest in those with real revenue and earnings growth."
Persons: Adam Coons, Coons, PayPal Holdings Coons, " Coons, Moody's Organizations: Winthrop Capital Management, CNBC Pro, PayPal Holdings, PayPal, C Technologies, SS Locations: Coons
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Charles Schwab’s Kevin Gordon and Requisite’s Bryn TalkingtonKevin Gordon, senior investment strategist at Charles Schwab, and Bryn Talkington, managing partner at Requisite Capital Management, join 'Closing Bell' to discuss the market rally, Fed outlook, and labor market.
Persons: Charles Schwab’s Kevin Gordon, Requisite’s Bryn Talkington Kevin Gordon, Charles Schwab, Bryn Talkington Organizations: Capital Management
Chart of the Day: Roblox
  + stars: | 2024-05-09 | 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: RobloxBryn Talkington, managing partner at Requisite Capital Management, joins CNBC's "Halftime Report" to detail her strategy for the beaten-down name.
Persons: Roblox Bryn Talkington Organizations: Capital Management
Presidential candidate Robert F. Kennedy Jr. said in a 2012 deposition he has a worm in his brain. In the deposition, Kennedy said he visited several neurologists in 2010 to try to find the cause of his haziness. While some doctors believed he had a brain tumor, one thought he had a worm stuck in his brain. In the 2012 deposition, Kennedy said that he once had to have his heart shocked by doctors to get it to beat back in sync. Questioning Mr. Kennedy's health is a hilarious suggestion, given his competition."
Persons: Robert F, Kennedy Jr, Biden, he's, , Kennedy, Mary Richardson Kennedy, Joe Biden, Donald Trump, Mr, Stefanie Spear, Kennedy hasn't, Bill Ackman, Jack Dorsey, David Sacks Organizations: Trump, The New York Times, Service, Times, White, Pershing, Capital Management, Twitter, PayPal Locations: Africa, South America, Asia
Three years ago, a multibillion-dollar investment firm called Archegos Capital Management blew up with little warning, causing big losses for some Wall Street banks and leading to federal criminal charges against the firm’s founder, Bill Hwang. On Wednesday, Mr. Hwang, 60, who was charged with 11 counts of securities fraud, wire fraud, conspiracy, racketeering and market manipulation, is set to go on trial in Manhattan federal court. Federal prosecutors are seeking to secure a conviction in a major stock market manipulation case in which Mr. Hwang, whose legal name is Sung Kook Hwang, was one of the big financial losers. Archegos had managed money mainly for Mr. Hwang, his family and some of his employees, and much of his family’s wealth was wiped out when the firm collapsed in March 2021. Also on trial with Mr. Hwang is Patrick Halligan, the former chief financial officer of Archegos.
Persons: Bill Hwang, Hwang, Sung Kook Hwang, Archegos, Patrick Halligan Organizations: Archegos Capital Management, Authorities Locations: Manhattan, Wall
Investors looking for protection against market downside are turning toward buffer exchange-traded funds, also known as defined-outcome ETFs. Buffer ETFs have exploded in popularity in recent years, although they are still a small slice over the overall industry. How buffer ETFs work Managers use a set of equity options when building a fund. Recently, Calamos announced a new product line of 12 ETFs that offers 100% downside protection. The first in the line, Calamos S & P 500 Structured Alt Protection ETF (CPSM) , began trading May 1.
Persons: Lan Anh Tran, Morningstar, Tran, Todd Sohn, Strategas, Sohn, Calamos, Russell, Matt Kaufman, Kaufman, Morningstar's Tran, HELO 1Y, It's Organizations: Morningstar, Strategas Securities, Capital Management, Equity, PGIM, Allianz, BlackRock, Treasury, Trust, JPMorgan Hedged Equity, JPMorgan Locations: BlackRock
Investors in Blackstone's real-estate fund asked for their money back in droves — more than $15 billion to date. Unless the real-estate market comes roaring back, analysts warn, BREIT could end up shrinking to a fraction of its current size, leaving the fund's investors holding the bag. Only 3% of BREIT's holdings are in office buildings, which have been ground zero for commercial real estate pain. Advertisement"Not all real estate is created equal," BREIT boasted in a recent letter to stockholders, "and where you invest matters." "Commercial real estate is a slow burn," Brian Moynihan, the CEO of Bank of America, recently observed.
Persons: Blackstone, , BREIT, REITs, Steve Schwarzman, Jeenah, Nate Koppikar, Craig McCann, BREIT's, Chilton, ​ ​ McCann, McCann, Horacio Villalobos, That's, Donald Trump, Robert Chang, Schwarzman, Michael Blackshire, Phil Bak, Stephen Schwarzman, Shannon Stapleton, Brian Moynihan, it's, It's Organizations: BREIT, Orso Partners, Securities Exchange Commission, Blackstone, SEC, Chilton Capital Management, SLCG Economics Consulting, Publicly, University of California, Regents, Armada Investors, Reuters, Bank of America Locations: BREIT, Lisbon, Fideres
3-Stock Lunch: PLTR, HIMS & GPS
  + stars: | 2024-05-07 | 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 Email3-Stock Lunch: PLTR, HIMS & GPSCourtney Garcia, Payne Capital Management senior wealth advisor, to discuss investment plays for three stocks including; Palantir, Hims and Hers Health Inc. and Gap.
Persons: Courtney Garcia Organizations: Payne Capital Management
New York CNN —In the spring of 2021, you might have heard about a small investment firm with an odd name, Archegos, that imploded practically overnight and left big Wall Street banks sweating over billions of dollars in losses. Put simply, prosecutors say Hwang had used financial instruments called “total return swaps” to gain exposure to the stocks without actually owning them. Over the course of a year, prosecutors say, Hwang grew his $1.5 billion portfolio into a $35 billion portfolio. Why the case mattersWhite-collar crime on Wall Street may seem like a distant problem for most Americans, and that may be true. And sometimes, as in the financial crisis of 2008, it was a bit of Wall Street tinkering in derivatives contracts that blew up in banks’ faces and collapsed the housing market.
Persons: CNN Business ’, Bill Hwang, Hwang, Matt Egan, Banks, Archegos, ” Hwang, Hwang didn’t, , isn’t, Dennis Kelleher Organizations: CNN Business, New York CNN, Archegos, Management, Viacom, Discovery, Warner Bros, CNN, Term Capital Management, Credit Suisse, Employees, Bloomberg, Tiger Asia Management Locations: New York, Korean, York City,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarren Buffett is now 'as bearish as he ever gets,' says Bill SmeadBill Smead, chief investment officer at Smead Capital Management, joins CNBC's 'The Exchange' to share his reactions to Berkshire Hathaway's annual meeting over the weekend.
Persons: Warren Buffett, Bill Smead Bill Smead Organizations: Smead Capital Management, Berkshire Hathaway's Locations: Berkshire
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAriel Investments CEO John Rogers calls Berkshire one of 'best investments of all time'Berkshire Hathaway Chairman and CEO Warren Buffett presides over the 2024 Berkshire Hathaway annual meeting. John Rogers, Ariel Capital Management founder, speaks with CNBC's Michael Santoli and Becky Quick about Berkshire's Apple stake, how investors should consider investing in Berkshire Hathaway, and more.
Persons: John Rogers, Berkshire Hathaway, Warren Buffett, CNBC's Michael Santoli, Becky Quick Organizations: Ariel, Berkshire, Berkshire Hathaway, Ariel Capital Management, Apple Locations: Berkshire, Berkshire Hathaway
When Warren Buffett kicks off Berkshire Hathaway 's annual shareholder meeting on Saturday, the absence of Charlie Munger will be on everyone's mind. The annual meeting will be exclusively broadcast on CNBC and livestreamed on CNBC.com. For the first time, Berkshire will broadcast its annual meeting movie that had previously always been reserved only for those in attendance in Omaha. Vice Chairman of Non-Insurance Operations Greg Abel, Buffett's designated successor, will fill Munger's seat in the afternoon session, helping answer shareholder questions. "The tone of the meeting is certainly going to be a lot different without Charlie," said Steve Check, CEO of Check Capital Management and a longtime Berkshire shareholder.
Persons: Warren Buffett, Berkshire Hathaway, Charlie Munger, what's, Buffett's, David Kass, Munger, Greg Abel, Ajit Jain, Abel, Buffett, Charlie, Steve Check, Ajit, Greg Organizations: Berkshire, University of Maryland, CNBC, - Insurance, Buffett, Check Capital Management Locations: Omaha, Woodstock, Munger, Berkshire, CNBC.com
Shares of Linde fell on Thursday after the industrial gas giant reported mixed first-quarter results and its guidance left some investors wanting more. We're not sure of the rationale for excluding it but that explains why we're not fretting about Linde's lack of guidance raise. Guidance For the second quarter, Linde projects adjusted EPS between $3.70 and $3.80, which implies 5% to 7% year-over-year growth, excluding currency impacts. As always with Linde, the midpoint of the guidance assumes no economic improvement. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Linde, , Sanjiv Lamba, Matthew White, White, Lamba, Eaton, We're, we're, Jim Cramer's, Jim Cramer, Jim, Michaela Rehle Organizations: Linde, Revenue, LSEG, Products, Management, LIN, Nvidia, CNBC Locations: Munich, Pullach, Germany
Fewer construction workers means less — and slower — residential construction, which in turn leads to higher home prices, according to a 2023 report from researchers at the University of Utah and the University of Wisconsin-Madison. Builders and infrastructure projects are in desperate need of all kinds of construction workers, but especially skilled tradespeople. Simonson said that allowing more immigrants into the country to fill construction jobs is crucial. Making the industry more appealing to womenBoushey pointed out that the share of women in the overall construction industry has climbed. The construction industry is also at a disadvantage because most workers can't do manual labor until they retire.
Persons: , Ken Simonson, Kit Dickinson, Dickinson, Ben Brubeck, Maja Rosenquist, Mortenson, we've, Simonson, Brubeck, Rosenquist, Joe Biden, Franklin D, Roosevelt, Heather Boushey, Biden, Boushey, she's Organizations: Service, Associated Builders and Contractors, Business, Associated, Contractors of America, University of Utah, University of Wisconsin - Madison, ADP, , Builders, Infrastructure Investment, Jobs, Economic Advisers Locations: president's, America
Kiani has just under 4 million Masimo shares, or around 7.5% of the company, according to FactSet data. Masimo shares are up 15% this year, lifting the company's market cap past $7 billion. Politan controls 8.9% of Masimo shares. Kiani, 59, pledged 2.97 million Masimo shares as of April, valued at $397 million, as collateral against "personal loans." "Rather than sell his pledged shares, Mr. Kiani increased his pledge to maintain his stock ownership."
Persons: Joe Kiani, Joe Biden, Quentin Koffey's, Kiani, Masimo, Politan Organizations: Apple, Capital Management, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDefense stocks will price higher on headlines and earnings growth, says Courtney GarciaCourtney Garcia, Senior Wealth Advisor at Payne Capital Management, discusses the new trading month, stagflation concerns, and the Fed.
Persons: Courtney Garcia Courtney Garcia Organizations: Defense, Payne Capital Management
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Chair Powell does not want central bank to be hawkish, says John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist and Tim Urbanowicz, Innovator Capital Management head of research, join 'Closing Bell Overtime' to talk today's market action.
Persons: Powell, John Hancock's Emily Roland Emily Roland, John, Tim Urbanowicz Organizations: John Hancock Investment Management, Capital Management
Tesla recently made new yearly lows with no apparent support level in sight until another 30% lower at the early 2023 bottom of $101.81. We're heading into Q1 earnings this evening plagued with a plethora of negative news headlines clouding this stock. Tesla shareholders, me included, are coming to the realization that consumer appetite for electric vehicles combined with increased competition are significant headwinds for the stock. All that being said, the phrase "it's always darkest before the dawn" usually applies to beaten-down fundamental stories that are approaching technical support. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Tesla, Cybertruck, Elliott, Elon Musk, — Todd Gordon, Todd Gordon, TSLA Organizations: Tesla, Inside Edge, Inside Edge Capital Management Locations: Europe, Asia, Elon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Oaktree's Howard Marks on AI, interest rates and moreHoward Marks, co-chairman of Oaktree Capital Management, discusses his outlook on the "Magnificent Seven" stocks, interest rates, and how credit should play an important role in portfolios.
Persons: Oaktree's Howard Marks, Howard Marks Organizations: Oaktree Capital Management
Total: 25