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☆ On tap this week: Jobs report plus 10 key earnings. Here's what we want to see
▼ + stars: | 2023-07-29 | by ( Zev Fima | ) www.cnbc.com time to read: +18 min

All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.

Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho

☆ One measure of 'the market' is up 34% this year while another is only up 6%—here's why
▼ + stars: | 2023-07-21 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

All three "headline indexes" are considered, in one way or another, proxies for the stock market, and over long periods, they've tended to perform pretty similarly. S&P 500When investing pros talk about market returns, they're usually talking about the S&P 500. The index tracks roughly the 500 largest U.S.-traded stocks, comprising 80% of all stocks traded on the market. Created in 1957, the index was the U.S.'s first index weighted by market capitalization (stock price times total outstanding shares), and today it is the favored benchmark index for mutual fund managers who measure themselves against the broad stock market. Nasdaq CompositeThe Nasdaq Composite includes all stocks listed on the Nasdaq Stock Market — the first electronic stock exchange.

Persons: you'll, Tesla, Dow, Nvidia — Organizations: Nasdaq, Dow, CNBC, Dow Jones Industrial, P, Dow Jones, Wall Street Journal . Companies, Apple, Microsoft, Nvidia Locations: lockstep, U.S

☆ Nothing can keep tech down. Here's how that affects our thinking about stocks
▼ + stars: | 2023-07-17 | by ( Matthew J. Belvedere | ) 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. Big Tech keeps getting price target hikes Watch for earnings from three Club names Not all semis are liked as much as Nvidia 1. Big Tech gets price target hikes Stocks look like they're trying for gains Monday after strong weekly performances for the Dow , the S & P 500 and the Nasdaq . 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.

Persons: Jim Cramer, MSFT, Morgan Stanley, Wells Fargo, Johnson, Jim Cramer's, Jim Organizations: CNBC, Big Tech, Nvidia, Dow, Nasdaq, Microsoft, Wall Street, Halliburton, HAL, Nvidia Citi, Citi, Devices, Jim Cramer's Charitable Locations: India, Wells

☆ Stocks making the biggest moves midday: Tesla, Rivian, XPeng and more
▼ + stars: | 2023-07-03 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Electric vehicles — Electric vehicle makers such as Rivian Automotive surged following Tesla's better-than-expected second-quarter production and delivery numbers. The Chinese electric vehicle maker returned to growth for car deliveries. Tesla — Shares of the the Elon Musk-led electric vehicle company jumped 6% after delivery and production numbers beat analysts' expectations. Chinese internet stocks — China-based technology names rose on Monday. Solar stocks — Solar stocks SolarEdge Technologies and Enphase Energy rose more than 2% and 1%, respectively, on Monday.

Persons: Rivian, XPeng, Tesla, JD.com, Apple —, drugmaker, — CNBC's Michelle Fox, Yun Li Organizations: of Manhattan, Rivian Automotive, Lucid Group, Elon, CSI China, SolarEdge Technologies, Enphase Energy, Semiconductors —, Marvell Technology, Micron Technology, Apple, Apple — Apple, Financial, AstraZeneca —, Cambridge, AstraZeneca Locations: Meatpacking, New York City, U.S, China, England

☆ Stocks making the biggest premarket moves: Nike, Apple, Dominion Energy, Carnival and more
▼ + stars: | 2023-06-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Nike's fiscal fourth-quarter earnings were 66 cents per share, versus the 67 cents consensus estimate, per Refinitiv. Apple — Apple shares rose 0.8%, putting the tech giant on track to reach a $3 trillion market cap. Carnival — Shares of the cruise line rose 3% in premarket trading after Jefferies upgraded Carnival to buy from hold. Savers Value Village — Shares slipped 2% in the premarket, after jumping 27% during their first day of trading Thursday. Freyr Battery — The stock popped another 5% in premarket trading, following an 11% gain on Thursday.

Persons: Jefferies, Josh Weinstein's, Morgan Stanley, —, Sam Subin, Jesse Pound, Alex Harring Organizations: Nike, Nike —, Apple, Citi, Jefferies, Dominion Energy, Millstone, Constellation Brands, Corona, Revenue Locations: Chicago , Illinois, U.S, Pacifico

☆ Jim Cramer: Here's my outlook on stocks for the rest of 2023 — and how I'm playing it
▼ + stars: | 2023-06-25 | by ( Jim Cramer | ) www.cnbc.com time to read: +13 min

A 6% solution to no inflation from the stock market. But not enough, again, because of the wave of money that's now flowing through the sand of the economy. 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.

Persons: —, Jensen Huang, Jensen, ChatGPT, Leonardo Da Vinci, Tesla, Elon, let's, Jerome Powell, Powell, Joseph Stalin, dismissively, FANG, That's, Wall, LEN, Salesforces, Cook, Zuckerberg, Huang, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Apple, Microsoft, Nvidia, Treasury, Federal Reserve, Tesla, Fed, Boeing, Devices, Adobe, Toll, Royal, Holdings, Musk, Jim Cramer's Charitable, CNBC Locations: Ukraine, Royal Caribbean

☆ Stocks making the biggest moves premarket: Oracle, Urban Outfitters, Apple & more
▼ + stars: | 2023-06-13 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

A sign is posted in front of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Meanwhile, CEO Safra Catz said she expects adjusted earnings in the fiscal first-quarter of $1.12 to $1.16 per share. Urban Outfitters — Shares rose 3.4% following an upgrade to overweight from equal weight by Morgan Stanley. Apple — Apple declined 0.7% in the premarket after UBS downgraded the stock to neutral from buy late Monday. Home Depot is also slated to hold an investor day at 9 a.m.Ulta Beauty — The beauty stock rose 0.8% after Loop Capital upgraded Ulta Beauty to buy from hold.

Persons: Safra Catz, Refinitiv, Morgan Stanley, Apple —, Bunge, —, Brian Evans, Alex Harring, Hakyung Kim, Jesse Pound Organizations: Oracle, —, Apple, Apple — Apple, UBS, JPMorgan, Bunge, Target Locations: Redwood Shores , California, Rotterdam, Netherlands

☆ Goldman Sachs shares 24 stocks to buy and ride higher as they catch up to the market's powerful rally through year-end
▼ + stars: | 2023-06-13 | by ( Mark Reeth | ) www.businessinsider.com time to read: +4 min

The S&P 500 has entered bull-market territory thanks to a small handful of tech stocks. Goldman Sachs says that could actually mean good things to come for the rest of the market. Goldman Sachs analysts led by Chief US Equity Strategist David Kostin set out to answer that question. It's no wonder, then, that Goldman Sachs has upped its guidance for where the market will end the year. Below are the 24 stocks that Kostin found which have YTD EPS revisions above the median of 9%.

Persons: Goldman Sachs, David Kostin, Kostin, YTD Organizations: Investors, Big Tech, Apple, Microsoft, Nvidia, Chief US, Goldman Sachs Global Investment Research

☆ Goldman Sachs analyzed 1,246 hedge and mutual funds with a combined $4.8 trillion in holdings. Here are the 9 stocks they agree are worth buying.
▼ + stars: | 2023-06-11 | by ( Mark Reeth | ) www.businessinsider.com time to read: +5 min

But hedge funds and mutual funds have lagged the broader market this year. Although hedge funds and mutual funds may be trailing the market for the moment, don't count them out just yet. Here's what hedge funds and mutual funds are buying, and why investors may want to steal a page from their playbook. Beyond financials and tech, hedge funds and mutual funds moved in tandem across the rest of the market, turning their attention to defensive equities. Among all of those funds, Goldman Sachs found there were nine stocks that they deemed "shared favorites" between two different Goldman Sachs indexes.

Persons: Goldman Sachs, David Kostin, Kostin, Russell, Consumer Staples Organizations: Apple, Microsoft, Nvidia, Tesla, Tech, Mutual, Mastercard, Visa, Services, Consumer, Utilities, Communication Services, Healthcare, Mutual Fund Locations: financials

☆ Here are Thursday's biggest analyst calls: Amazon, Apple, GameStop, T-Mobile, Skechers, Lowe's & more
▼ + stars: | 2023-06-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Jefferies downgrades Las Vegas Sands and Wynn to hold from buy Jefferies downgraded several casino stocks, mainly on valuation. Jefferies reiterates Apple as buy Jefferies said it stands by its buy rating on the Mac maker but that it's concerned about the lack of social experience with Apple's VR technology. Jefferies reiterates GameStop as hold Jefferies said the revolving door of GameStop executives is "more of the same" for the company. Skechers is the world's 3rd largest footwear brand and an underappreciated growth stock, in our view." Bank of America reiterates Lowe's as a buy Bank of America said investors should buy the stock "when the market is fearful."

Persons: Wells, Jefferies, Wynn, WYNN, LVS, Oppenheimer, Apple, Wolfe, Goldman Sachs, Salesforce, Goldman, Morgan Stanley, Skechers, Lowe's, Bernstein Organizations: Vegas Sands, Citi, Apple, VR, GameStop, Mobile, Smart, Rio Tinto, UBS, Amazon, Carrier, Bank of America, of America, NextEra Energy, Xcel Energy, American Electric Power, Barclays, FedEx Locations: Vegas, Rio, China, 2023E

☆ Apple's new Vision Pro is 'the future of the Mac', one of the top minds in tech says
▼ + stars: | 2023-06-07 | by ( Thomas Maxwell | ) www.businessinsider.com time to read: +5 min

Stratechery founder Ben Thompson believes that Apple's Vision Pro is the "future of the Mac." The Vision Pro will start at $3,499, which is a steep price, likely signaling the cost of manufacturing a complex product. An example of what Apple Vision Pro may look like at work. Those who attended WWDC in person and were able to try the Vision Pro have said that it's a product in search of a purpose. Apple Vision Pro AppleThompson notes that Apple is using "high-bandwidth connections" to share desktop screens with the Vision Pro, suggesting it might create a direct WiFi connection between the two devices to prevent lag.

Persons: Ben Thompson, Thompson, Apple, Apple Thompson, Meta Organizations: Apple, Vision, Mac

Amazon remains dominant in e-commerce and cloud computing with Amazon Web Services. "But what we've seen recently is a company simply pursuing too many ideas, with weaker ideas taking away the oxygen, capital, and most importantly focus from the truly disruptive initiatives that 'only Amazon can do.'" Amazon shares are up 50% year to date, but they've underperformed top peers by about 52% over a five-year period, he said. Amazon should "divest, seek outside funding, or trim spend" in health care and its nascent low Earth orbit satellite venture, called Project Kuiper, Shmulik wrote. He pointed to Amazon's multiyear effort to break into health care, before abandoning efforts like its Care telehealth service, Halo health and fitness band, and a joint health-care venture called Haven.

Persons: Bernstein, Andy Jassy, Mark Shmulik, —, Google —, Shmulik, Jeff Bezos, Jassy, Bezos, irrelevance Organizations: Amazon Web, Microsoft, Google, Amazon Locations: New York, Haven

☆ Stocks are up big this year. But top Wall Street strategists are warning that trouble is brewing under the surface of the market — threatening to sink it.
▼ + stars: | 2023-06-06 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Six months into 2023, the S&P 500 is having an impressive year, returning more than 11% so far since January. Only 44% of S&P 500 stocks are trading above their 200-day moving averages, according to LPL Financial. Technology and consumer are the only sectors up on the year, and even they are exhibiting narrow breadth," he said. Bank of AmericaOf course, market breadth could improve if the fundamental economic outlook improves along with investor sentiment. If the labor market stays sturdy, a stock market rally could become more sustainable.

Persons: David Rosenberg, Mike Wilson, Here's David Rosenberg, Bank of America Merrill Lynch, Marcelli, Morgan Stanley, Adam Turnquist, Jeffrey Buchbinder, LPL, Savita Subramanian Organizations: Apple, Microsoft, Nvidia, Meta, Bank of America, Rosenberg Research, North, UBS, NYSE, Technology, of America's Locations: North American, China

Club holding Apple (AAPL) on Monday unveiled its long-awaited mixed-reality headset, known as Apple Vision Pro, expanding the technology giant's unrivaled hardware-and-software ecosystem into a new realm of computing. Of course, some investors may not be wowed by the Vision Pro. Vision Pro — Apple's first new major piece of hardware since the Apple Watch in 2014 — joins a fledgling field of mixed- and virtual-reality headsets. Bottom line More important than anything announced Monday, we're finally getting a glimpse of Apple's vision for this next-generation computing platform. It's too early to tell where Apple's headset business will be in five or 10 years.

Persons: Morgan Stanley, Steve Jobs, it's, Tim Cook, Cook, Apple, —, Bob Iger, we're, It's, Jim Cramer's, Jim Cramer, Jim, Brittany Hosea, BRITTANY HOSEA Organizations: Apple, Apple Vision, Developers Conference, Vision, Pro, Apple Watch, Meta, PlayStation, Club, Disney, Vision Pro, CNBC, Getty, Afp Locations: Cupertino , California, AFP

☆ The Death of Passwords Is Coming, a New Technology Will Replace Them
▼ + stars: | 2023-06-05 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +14 min

Despite their ease of use, passwords come with significant downsides: More than 80% of data breaches are the result of weak passwords. In 2004, Bill Gates famously envisioned the death of traditional passwords, and there have been several attempts to replace them. That's great if all of your devices are from one company — your Apple passkey would work across an iPhone, iPad, and MacBook. "Similar to our recommendations when it comes to other forms of authentication, we advise against the sharing of passkeys, passwords, etc. Passwords won't disappear overnight, but what FIDO Alliance has accomplished has convinced me our passwordless future is just around the corner.

Persons: it's, I'm, Zhao, There's, Christiaan Brand, Bill Gates, FIDO, Steve Won, Florentin, passkeys, Andrew Shikiar, Won, Google's Brand, 1Password, Buffalo's Zhao, Shubham Agarwal Organizations: Microsoft, Cybersecurity Ventures, Apple, Google, Alliance, University at Buffalo, University of Cambridge, Mastercard, TU Darmstadt, FIDO Alliance, Bluetooth, Research, Istanbul Technical University, University, Buffalo's, Wired, Company Locations: Germany, Ahmedabad, India

Apple unveiled its first mixed-reality headset, the Apple Vision Pro, on Monday. Tim Cook revealed Apple's first mixed-reality headset, the Vision Pro, during the company's annual keynote at the Worldwide Developers Conference on Monday. The Apple Vision Pro AppleWhen the headset detects someone else is nearby, it'll populate the outer display with your face. Apple's Vision Pro lets others in the room know when you're busy inside an application. The "Reality Dial" on Apple's Vision Pro headset AppleThe headset's input can also be physical — Apple's new headset works with the company's Magic Trackpad, keyboard, and MacBook.

Persons: Tim Cook, Bob Iger, Apple's, —, Apple, Iger, it's, You'll, Mark Zuckerberg Organizations: Apple, Apple Vision, Disney, Vision, Worldwide, Apple Watch, Apple's, Meta's, Sports, Bloomberg, Meta, Reality Labs, New York Times

☆ The 5 largest mega-cap stocks are responsible for most of the rally in the S&P 500 this year - but the market can still gain if Big Tech fades
▼ + stars: | 2023-05-31 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Apple, Nvidia, Alphabet, Microsoft and Amazon have fronted the S&P 500's advance so far in 2023. But if the rally in those mega-caps fades, the market can still post gains, said BMO Capital MarketsAlso, narrow market breadth generally "does not represent a bad omen for S&P 500 performance." In the 12 months afterward, the S&P 500 climbed an average of 22.2%. Six months out, the S&P 500 was up more than 12%, and 12 months out, it had tacked on 43.6%. "Our work shows that the S&P 500 index recorded a 13.2% annualized price return during these periods of narrowing market breadth with the only loss coming in 2001-2003," he wrote.

Persons: —, peters, ChatGPT, Brian Belski, Belski Organizations: Apple, Nvidia, Microsoft, BMO Capital Markets, Service, Amazon, BMO

☆ 4K screens are typically the size of TVs. Apple may have squeezed two of them into its upcoming headset.
▼ + stars: | 2023-05-31 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A supply-chain analyst said Apple's anticipated mixed-reality headset has 4K displays for each eye. The latest rumbling about Apple's mixed-reality headset is that there will be two 4K resolution displays, one for each eye, according to a tweet from Ross Young, CEO of Display Supply Chain Consultants. Apple is expected to debut its first mixed-reality headset at the Worldwide Developers Conference on June 5. The company has been working on a mixed-reality headset for seven years, Bloomberg previously reported. If Young's prediction on the displays within Apple's headset prove correct, Apple could be gearing up to wow people with a headset unlike any other currently on the market.

Persons: Apple's, Ross Young, Young, it's, Michael Gartenberg Organizations: Apple, Consultants, Worldwide, Apple Watch, Bloomberg, New York Times, Microsoft, Glass Locations: WWDC

☆ Outperforming fund manager is bullish on these cybersecurity stocks, citing more room for growth
▼ + stars: | 2023-05-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Cybersecurity is one area that presents an opportunity for investors right now, according to portfolio manager Philip Ripman of Storebrand Asset Management. Stock picks Ripman, who manages the $1 billion Storebrand Global Solutions fund, which has a focus on sustainability, is bullish on two cybersecurity firms in particular: Palo Alto and Crowdstrike . Both stocks are among the top 10 holdings in his fund, with Palo Alto accounting for 3.8% of the fund, and Crowdstrike at 3.7%. And he pointed out that the fortunes of the U.S. stock market are dominated by a few mega-cap companies. Ripman's fund avoids companies that make over 5% of their revenues from fossil fuels, tobacco, alcohol, war and other vice-related activities.

☆ Revolut's US CEO outlined the threat Apple's new high-yield savings account poses to neobanks
▼ + stars: | 2023-05-17 | by ( Paige Hagy | ) www.businessinsider.com time to read: +3 min

The CEO of at least one digital bank is keeping an eye on Apple's new high-yield savings account. The Big Tech giant launched a savings account with a 4.15% annual percentage yield (APY) through its partnership with Goldman Sachs on April 17. In its first four days of launch, it brought in nearly $1 billion in deposits, according to reporting by Forbes. The savings account is only available to people who have Apple Card — Apple's credit card — but the account has no minimum deposit or balance requirement. Apple's savings account beats this average by tenfold.

☆ Stocks making the biggest moves premarket: Cigna, Apple, DraftKings, Lyft & more
▼ + stars: | 2023-05-05 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making the biggest moves premarket:Cigna — Cigna gained 3% in premarket trading after beating top- and bottom-line estimates for its latest quarter and raising its full-year forecast. Apple — Apple rose 2.7% in premarket trading after beating quarterly earnings and revenue estimates, with particularly upbeat results for its flagship iPhone. Bumble — Bumble posted higher than expected quarterly sales, as user demand for its dating app remained strong. Expedia did see its highest-ever first quarter revenue, in addition to a 20% leap in gross bookings. Coinbase — Coinbase posted better than expected quarterly results, leading to a 8.1% premarket rally for the cryptocurrency exchange's stock.

☆ A.I. enthusiasm is responsible for the bulk of the stock market’s gain this year
▼ + stars: | 2023-05-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Digging deeper into the gains, Nvidia turns up as a big winner. Meta Platforms shares have doubled. If the Fed signals a pause Wednesday and rates fall, the market could see tech stocks rip higher. To be sure, other factors besides for AI have contributed to this year's rally in technology stocks. Jason Tauber, a portfolio manager at Neuberger Berman said AI stocks should start to experience bifurcation from here on out.

☆ Investor warns it's 'looking a lot like the tech bubble' and names 3 cheap stocks to buy outside it
▼ + stars: | 2023-04-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The S & P 500 is "supported" by just seven mega-cap tech stocks right now — and it's starting to look a lot like the 1990s tech bubble, one analyst told CNBC on Wednesday. "The S & P 500 [is being] supported by a few expensive mega cap techs," said Eric Lynch, managing director of Scharf Investments. Seven companies — Apple , Microsoft , Nvidia , Meta , Tesla , Amazon and Alphabet — account for 95% of the S & P 500's total return in the first quarter, he noted. "To us this looks a lot like the tech bubble in 1990s when tech gave the world massive outperformance over value, over mid cap small caps, international stocks," he told CNBC's " Street Signs Asia. " Stock picks Lynch named three stocks he said are cheap right now.

☆ 'The risk of recession is far from priced in': JPMorgan warns stocks are set up for a 'bearish outcome' as investors crowd into the top names in the market at rates last seen in the 2000 and 2008 bubb
▼ + stars: | 2023-04-26 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Investors are crowding into the biggest stocks in the S&P 500 at levels seen in prior bubbles. On a surface level, the S&P 500 looks like it's having a stellar start to 2023. The chart below shows crowding levels in low-volatility stocks, which investors seek in recessionary environments. If the US economy continues to avoid a recession, stocks could be well positioned to continue their gains this year. But many strategists believe a downturn — or at least a pullback in earnings — will drag the S&P 500 down to its October 2022 lows, or worse.

☆ Apple Opens First Store in India, a Promising Frontier for the Tech Giant
▼ + stars: | 2023-04-18 | by ( Alex Travelli | Suhasini Raj | ) www.nytimes.com time to read: +1 min

On Thursday, Mr. Cook will travel to New Delhi to open a second store, Apple Saket, at the center of the capital’s biggest mall. The Apple brand is not new to India. The iPhone is still a rare sight within the ocean of cheaper, and mostly Chinese-branded, Android smartphones that have swept across India over the past decade. Yet in India, as in nearly every other part of the world, Apple has its fans. So Mr. Bhasin addressed a letter to Mr. Cook himself — and a month later, a new iPad appeared in the mail.

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