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☆ Nvidia got 'overloved' very quickly, says Hightower's Stephanie Link
  + stars: | 2024-06-21 | 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 EmailNvidia got 'overloved' very quickly, says Hightower's Stephanie LinkCIC Wealth's Malcolm Ethridge, Requisite's Bryn Talkington, and Hightower's Stephanie Link join 'Closing Bell' to discuss markets, Nvidia, and other opportunities in tech.
Persons: Stephanie Link, Malcolm Ethridge, Requisite's Bryn Talkington Organizations: Nvidia
☆ Trade Tracker: Stephanie Link buys more SLB
  + stars: | 2024-06-18 | 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 EmailTrade Tracker: Stephanie Link buys more SLBStephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's buying more SLB.
Persons: Stephanie Link, Hightower
☆ Expect a broadening out in markets once earnings come about, says Hightower's Stephanie Link
  + stars: | 2024-06-17 | 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 EmailExpect a broadening out in markets once earnings come about, says Hightower's Stephanie LinkStephanie Link, Hightower Advisors chief investment strategist and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, state of the economy, and more.
Persons: Stephanie Link Stephanie Link, Hightower Organizations: Hightower Advisors
☆ Louis Vuitton: The Olympics embody our ‘DNA’
  + stars: | 2024-06-07 | by ( Issy Ronald | ) edition.cnn.com   time to read: +4 min
And at next month’s upcoming Games, Louis Vuitton are hoping they too will become a hallmark of the same grand occasion. The Olympic and Paralympic medals will be housed in a Louis Vuitton trunk. Annie Leibovitz/Courtesy Louis VuittonLVMH – the luxury conglomerate that owns Louis Vuitton – spent €150 million ($163 million) on its sponsorship deal with the Olympics, Vogue reported citing sources, though calculating the precise returns on this investment is “difficult,” said Beccari. “We are very close to sport,” Beccari said, recalling the slogan “Victory travels in Louis Vuitton,” the fashion house used when one of its trunks housed the FIFA World Cup in 2010. From Louis VuittonWhile Louis Vuitton posted record profits last year and LVMH outperformed other luxury brands, the current economic environment with rising inflation leaving consumers with less disposable income poses challenges ahead, though Beccari downplayed such difficulties.
Persons: Louis Vuitton, Vuitton, —, Enzo Lefort, Léon Marchand, Pauline Déroulède, Marie Patouillet —, Stephanie Lecocq, Pietro Beccari, “, ” Beccari, ”, Roger Federer, Rafael Nadal, Louis Vuitton's, Annie Leibovitz, Louis Vuitton –, Louis, CNN “, Federer, Nadal, They’re, LVMH, Beccari Organizations: Paris CNN, Olympic, Paralympic Games, Seven, CNN, de Monaco, Louis, Olympics, Vogue, FIFA Locations: France, Louis, Paris, French, Europe
☆ Watch CNBC’s full interview with Branch Global's Greg Branch, American Century’s Rich Weiss and Hightower’s Stephanie Link
  + stars: | 2024-06-05 | 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 Branch Global's Greg Branch, American Century’s Rich Weiss and Hightower’s Stephanie LinkBranch Global's Greg Branch, American Century's Rich Weiss, and Hightower's Stephanie Link join 'Closing Bell' to discuss markets, the Fed, and their market sentiment.
Persons: Branch, Greg Branch, Rich Weiss, Hightower’s Stephanie, Stephanie Link
☆ Cybersecurity is going to be just as big as AI, says Hightower's Stephanie Link
  + stars: | 2024-06-03 | 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 EmailCybersecurity is going to be just as big as AI, says Hightower's Stephanie LinkStephanie Link, Hightower Advisors chief investment strategist and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, state of the economy, and more.
Persons: Stephanie Link Stephanie Link, Hightower Organizations: Hightower Advisors
☆ Robert Pickton: Canadian serial killer dies aged 74 after prison assault
  + stars: | 2024-06-01 | by ( Amarachi Orie | ) edition.cnn.com   time to read: +2 min
CNN —Canadian serial killer Robert Pickton - who was convicted of killing six women and confessed to killing dozens more - died after being attacked earlier this month by another inmate, prison authorities said. Pickton is one of the most notorious serial killers in Canadian history, bringing his victims to his pig farm and feeding their remains to his animals. Pickton had been operating a pig farm in the nearby city of Port Coquitlam, where police found the remains of 33 women. However, Pickton confessed to murdering 49 women when talking to an undercover police officer in a jail cell. The case became the largest serial killer investigation in Canada’s history and Pickton’s pig farm became the largest crime scene in Canadian history, with investigators taking 200,000 DNA samples.
Persons: Robert Pickton, Pickton, Pickton’s, “, Cynthia Cardinal, Georgina Papin, Michele Pineault, Stephanie Lane, ” Organizations: CNN, Cartier, Correctional Service Canada, CSC, Canadian, Globe Locations: Canadian, Canada’s Quebec, Downtown Eastside, British Colombia, Port Coquitlam, British Columbia
☆ French Open officially bans alcohol in the stands following disruptive behavior
  + stars: | 2024-05-31 | by ( Amy Woodyatt | ) edition.cnn.com   time to read: +2 min
CNN —Alcohol will no longer be permitted in the stands of the French Open after a series of reports of disruptive behavior from fans. Goffin said a spectator spat gum at him during his first round victory over Giovanni Mpetshi Perricard. Stephanie Lecocq/ReutersThis comes after Belgian player David Goffin said a spectator spat chewing gum at him during his first-round victory over Frenchman Giovanni Mpetshi Perricard. Meanwhile, on Wednesday, Iga Świątek criticized spectators for shouting during points following her tense second-round victory against Naomi Osaka. When you scream something during the rally or right before the return, it’s really, really hard to be focused … This is serious for us, we’re fighting our whole lives to be better and better and, sometimes, it’s just hard to accept that.
Persons: Amélie Mauresmo, Mauresmo, shouldn’t, ”, Goffin, Giovanni Mpetshi Perricard, Stephanie Lecocq, David Goffin, Frenchman Giovanni Mpetshi Perricard, Iga Świątek, Naomi Osaka, Roland Garros, Świątek, it’s, It’s, “ It’s Organizations: CNN, French Tennis Federation, Reuters Locations: Belgian, “
☆ Watch CNBC’s full interview with NewEdge's Cameron Dawson, Hightower’s Stephanie Link and Odyssey’s Jason Snipe
  + stars: | 2024-05-31 | 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 NewEdge's Cameron Dawson, Hightower’s Stephanie Link and Odyssey’s Jason SnipeNewEdge's Cameron Dawson, Hightower’s Stephanie Link and Odyssey’s Jason Snipe, join 'Closing Bell' to discuss markets, the tech sector and the Fed's next move.
Persons: NewEdge's Cameron Dawson, Hightower’s Stephanie Link, Jason Snipe NewEdge's Cameron Dawson, Jason Snipe
☆ Link: With earnings season done, markets are now hostage to Fed speak
  + stars: | 2024-05-29 | 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 EmailLink: With earnings season done, markets are now hostage to Fed speakStephanie Link, Chief Investment Strategist at Hightower Advisors, discusses the markets, earnings, and economic growth.
Persons: Stephanie Link, Hightower Organizations: Hightower Advisors
☆ Trade Tracker: Stephanie Link sells Johnson & Johnson
  + stars: | 2024-05-28 | 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 EmailTrade Tracker: Stephanie Link sells Johnson & JohnsonStephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to break down her latest trades.
Persons: Stephanie Link, Johnson Stephanie Link, Hightower Organizations: Johnson
☆ Rate cuts will provide 'positive momentum,' says Invest's Kristina Hooper
  + stars: | 2024-05-24 | 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 EmailRate cuts will provide 'positive momentum,' says Invest's Kristina HooperStephanie Link, Hightower Advisors chief investment strategist and CNBC contributor, and Kristina Hooper, Invesco chief global market, join 'Closing Bell' to discuss their outlooks on rate cuts, stock performance, the economy, and more.
Persons: Invest's Kristina Hooper Stephanie Link, Hightower, Kristina Hooper Organizations: Hightower Advisors, CNBC
☆ Watch CNBC's full interview with Stephanie Link and David Waddell
  + stars: | 2024-05-23 | 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 Stephanie Link and David WaddellHosted 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: Stephanie Link, David Waddell, Brian Sullivan, “ Organizations: CNBC
☆ Trade Tracker: Stephanie Link buys more Target
  + stars: | 2024-05-23 | 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 EmailTrade Tracker: Stephanie Link buys more TargetStephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain why she's buying more Target.
Persons: Stephanie Link, Hightower
☆ Trade Tracker: Stephanie Link buys more Lam Research
  + stars: | 2024-05-21 | 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 EmailTrade Tracker: Stephanie Link buys more Lam ResearchStephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to discuss why she bought more Lam Research.
Persons: Stephanie Link, Hightower Organizations: Lam Research
☆ 'Big Short' investor Steve Eisman: Apple is the 'hidden AI play'
  + stars: | 2024-05-21 | by ( Stephanie Landsman | ) www.cnbc.com   time to read: +1 min
Investor Steve Eisman of "The Big Short" fame expects Apple to capture epic gains from the artificial intelligence boom. "I think Apple is actually the hidden AI play," he told CNBC's " Fast Money " on Tuesday, less than 24 hours before chip giant Nvidia reports its fiscal first-quarter results. "When there will be apps that the consumer can use, they're going to want to use it on their phone," Eisman said. "I have a new iPhone, and I know for sure that when all those apps come on my phone, I'll need a new phone, and I'll need a new iPad and I'll need a new laptop." He suggests investors will have to be patient because the AI-driven apps need time to be developed.
Persons: Steve Eisman, CNBC's, Eisman, Neuberger Berman Organizations: Apple, Nvidia, Devices
☆ Utility stocks are on a tear as an 'energy transition supercycle' lifts the entire sector
  + stars: | 2024-05-20 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +5 min
Vistra Corp. has doubled over that period, while Constellation Energy is up nearly 62% and NextEra Energy has surged 34%. "This is not your old utility, where you just get a dividend and you're happy," Shahriar Pourreza, managing director of energy, power and utilities at Guggenheim Partners, told CNBC. The sector was oversold coming into 2024, with the market going too far in pricing in the impact of interest rates, Pourreza said. Power companies with deregulated assets are able to respond to market conditions more quickly than traditional utilities, he said. The tech sector is looking for clean energy to power data centers as they are simultaneously trying to limit their carbon footprints.
Persons: Pourreza, Jerome Powell, Goldman Sachs, Stephanie Link, CNBC's, Paul Hickey, Vistra, NextEra Organizations: Utilities, Vistra Corp, Constellation Energy, NextEra Energy, Guggenheim Partners, CNBC, Federal Reserve, Investors, HighTower Advisors, Investment Group, Constellation, Services, Microsoft Locations: It's, U.S, Wells
☆ Opinion: Why Julian Assange’s fate matters
  + stars: | 2024-05-19 | by ( Opinion Alan Rusbridger | ) edition.cnn.com   time to read: +7 min
A determined American journalist, let’s call her Gillian, is sleuthing away at a story about India’s nuclear weapons program. Though Gillian is based in London, when she finally gets to publish her story, the Indian government is bent on revenge. Is Washington going to stand idly by and meekly accept the possibility of an American journalist languishing in an Indian jail? The clue is in the inverted commas around “journalist.” To my mind, Julian Assange is in some ways recognizably a journalist. However, to many journalists Assange is not a proper “journalist,” and they can’t really see what his fate has to do with theirs.
Persons: Alan Rusbridger, Read, let’s, Gillian, Alan Rusbridger Simone Padovani, meekly, Julian, He’s, ”, —, there’s, Julian Assange, Assange, Stephanie Lecocq, Hillary Clinton, Clinton, El País, Der Spiegel —, Chelsea Manning, Sarah Ellison, ” Clinton, Manning, Barack Obama’s, Iraq —, ’, It’s, John Podesta, Richard Nixon, Daniel Ellsberg —, Edward Snowden, Daniel Ellsberg, Wally Fong, Anthony Albanese, Joe Biden Organizations: Prospect Magazine, CNN, Guardian, WikiLeaks, Court, la Republique, Reuters, New York Times, US Army, Apache, US, Washington Post, The New York Times, Pentagon, Australian Locations: American, London, Delhi, Washington, la, Paris, Kenya, Iran, El, Le, Afghanistan, Iraq, Vietnam, Los Angeles
☆ Under Armour was a real threat to Nike. Now it’s fighting to stay relevant
  + stars: | 2024-05-18 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com   time to read: +10 min
It was the upstart athletic brand that was making real inroads against Nike, the dominant name in the industry. People saw it as a company that actually could break through and take market share from Nike among the hardcore athletes,” Swartz said. String of controversiesThe period from 2016 onward is when “things really started to fall apart” at Under Armour, Swartz said. A bulk of Under Armour products are sold through sporting goods retailers and department stores, including Macy’s and Kohl’s, and online. The basketball superstar Curry, arguably the best shooter in history, famously signed with Under Armour instead of Nike in 2013.
Persons: Armour, Stephen Curry, Jordan Spieth, Kevin Plank, Howard Schultz’s, Bob Iger’s, Plank, ”, David Swartz, Morningstar, ” Swartz, Justin Sullivan, Tommy Gilligan, ” Plank, Swartz, “, —, Stephanie Linnartz, ” Schwartz, Andrew Kelly, Merrell, Zak Stambor, Stambor, Plank’s, Noel Celis, Eric Smallwood, Dwayne Johnson, Johnson, ” Smallwood, Smallwood, Curry, Joel Embiid, Embiid, Skechers, Caitlin Clark Organizations: New, New York CNN, Nike, Starbucks, Disney, CNN, Sports, North, Maryland Terrapins, Southern Methodist Mustangs, Capital, Maryland, Reuters, —, Armour, Sports Authority, Sporting Goods, UCLA, US Securities and Exchange Commission, Footwear News, Adidas, NBA Golden State Warriors, UA Curry II, Getty, Apex Marketing, United Football League, NBA, WNBA Locations: New York, San Rafael , California, North America, College Park , Maryland, Manhattan , New York, Petaluma , California, Manila, AFP
☆ Stocks have 5-10% more upside from here, says JPMorgan’s Jordan Jackson
  + stars: | 2024-05-17 | 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 EmailStocks have 5-10% more upside from here, says JPMorgan’s Jordan JacksonJPMorgan’s Jordan Jackson and Hightower’s Stephanie Link join 'Closing Bell' to discuss markets, possibility of more upside and the earnings season.
Persons: JPMorgan’s Jordan Jackson JPMorgan’s Jordan Jackson, Hightower’s Stephanie Link
☆ Watch CNBC’s full interview with JPMorgan’s Jordan Jackson, CIC Wealth’s Malcolm Ethridge and Hightower’s Stephanie Link
  + stars: | 2024-05-17 | 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 JPMorgan’s Jordan Jackson, CIC Wealth’s Malcolm Ethridge and Hightower’s Stephanie LinkJPMorgan’s Jordan Jackson, CIC Wealth’s Malcolm Ethridge and Hightower’s Stephanie Link, join 'Closing Bell' to discuss markets, possibility of more upside and the earnings season.
Persons: JPMorgan’s Jordan Jackson, Malcolm Ethridge, Stephanie Link JPMorgan’s Jordan Jackson, Stephanie Link
☆ Under Armour is laying off workers as retailer says North America sales will plunge this year
  + stars: | 2024-05-16 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +4 min
Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted the trend will get worse throughout its current fiscal year. The athletic apparel retailer also saw profits plunge by more than 96% during its fourth fiscal quarter, compared with the year ago period. During the quarter, sales in North America dropped 10% to $772 million, worse than the $780 million that analysts had expected, according to StreetAccount. The company said it expects sales to continue to worsen in North America. Analysts had expected earnings per share of 52 cents, according to LSEG.
Persons: Armour, Kevin Plank, Stephanie Linnartz, Plank, Linnartz Organizations: CNBC, LSEG, Analysts, Marriott, Armour Locations: Manhattan , New York City, North America
☆ Cramer: I still have hope for Under Armour despite its weak quarterly earnings
  + stars: | 2024-05-16 | by ( Paulina Likos | ) www.cnbc.com   time to read: +2 min
CNBC's Jim Cramer hasn't lost hope in Under Armour 's turnaround, despite Thursday's poor quarterly results and a grim outlook. Quarterly revenue for Baltimore-based Under Armour declined 5% year over year to $1.3 billion, in line with Wall Street expectations. On those sales, the company delivered $7 million in net income or earnings per share of 2 cents. UA YTD mountain Under Armour stock performance year-to-date. The Under Armour brand does resonate overseas.
Persons: CNBC's Jim Cramer hasn't, Armour, Jim, Kevin Plank, Plank, Stephanie Linnartz, hasn't Organizations: UA, North America Locations: Baltimore, North
☆ Trade Tracker: Stephanie Link buys more Freeport-McMoRan and the India ETF
  + stars: | 2024-05-16 | 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 EmailTrade Tracker: Stephanie Link buys more Freeport-McMoRan and the India ETFStephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest buys.
Persons: Stephanie Link, Hightower Locations: Freeport, McMoRan, India
☆ Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
  + stars: | 2024-05-16 | by ( Stephanie Landsman | ) www.cnbc.com   time to read: +2 min
Even though affluent shoppers helped drive the retailer's latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns they'll be hard to keep. His warning comes with Walmart stock hitting all-time highs going back to August 1972, when it began trading on the New York Stock Exchange. Last October on "Fast Money," Simon warned bargains were losing their magic because consumers were starting to buckle for the first time in a decade. "As long as there's inflation and those tail winds that come from particularly from food inflation, more traffic will come to the Walmart store," said Simon. "When inflation abates and service becomes more important than price, some of those tail winds will become headwinds," Simon said.
Persons: Bill Simon, they'll, it's, CNBC's, abate, Simon Organizations: Walmart, Walmart U.S, New York Stock Exchange, Darden Restaurants
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