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☆ US stocks close mixed as Nasdaq and S&P 500 snap 3-day win streaks on weak tech earnings
▼ + stars: | 2022-10-26 | by ( Jason Ma | ) www.businessinsider.com time to read: +1 min

US stocks finished mixed as the Nasdaq snapped a three-day win streak amid weak tech earnings. But the Dow Jones Industrial Average extended its rally to a fourth consecutive session. Tech stocks will see more action this week as Meta reports late Wednesday and Apple is due to report after the close on Thursday. Meanwhile, the Dow Jones Industrial Average eked out a gain to extend its rally to a fourth consecutive session, helped in part by strong earnings from Visa. Here's where US indexes stood at the 4:00 p.m. closing bell on Wednesday:Dow Jones Industrial Average: 31,839.84, up 0.01% (3.10 points)Nasdaq Composite: 10,970.99, down 2.04%Here's what else is happening today:In commodities, bonds and crypto:

[1/3] The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, New York, U.S., November 17, 2021. Google's results bode ill for Facebook parent Meta Platforms (META.O), which is especially reliant on advertising and reports results on Wednesday. Microsoft fell 2% and chipmaker Texas Instruments , which forecast quarterly revenue and profit below estimates, was down 5%. Shares in Spotify (SPOT.N), which also warned on slow advertising growth, slid 4%. "During the quarter we experienced expected weakness in personal electronics and expanding weakness across industrial," said TI boss Rich Templeton.

Shares of both companies fell about 7.5% each, dragging down Amazon.com (AMZN.O) and Apple (AAPL.O), which are scheduled to report results later this week. Shares of ad revenue dependent social media firms Meta Platforms (META.O) fell 3.4%, while Pinterest (PINS.N) dropped 1%. Visa Inc (V.N) jumped 5%, boosting the Dow, after the payments processor topped quarterly profit estimates on strong travel demand. Advancing issues outnumbered decliners by a 2.05-to-1 ratio on the NYSE and by a 1.87-to-1 ratio on the Nasdaq. The S&P index recorded 19 new 52-week highs and two new lows, while the Nasdaq recorded 45 new highs and 24 new lows.

☆ What Cramer is watching Wednesday — mortgage demand collapses, tech red flags
▼ + stars: | 2022-10-26 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

What I am looking at Wednesday, Oct. 26, 2022 Worst mortgage demand since 1997 . Early, weaker quarterly summary on tech Tuesday evening from Club holdings Alphabet (GOOGL) and Microsoft (MSFT). No longer in early innings of the cloud, and cloud costs, especially electricity, are way up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ The key to what's driving the stock market is the 2-year yield, and that's trending lower
▼ + stars: | 2022-10-26 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

The key is that the 2-year yield (a proxy for Fed intentions) is down again Wednesday and has been trending downward the last 4 days. Not surprisingly, the S & P has rallied about 5% since the close last Thursday. Another data point: the CBOE Volatility Index (VIX) is flat today and has been trending down for two weeks. The VIX measures expected volatility in the S & P 500 looking 30 days out. The two big events in the next 30 days already have outcomes that are expected.

☆ Google Shares Fall as YouTube and Search Ads Take Hit
▼ + stars: | 2022-10-25 | by ( Miles Kruppa | ) www.wsj.com time to read: 1 min

Google reported its fifth consecutive quarter of slowing sales growth, with its YouTube video platform posting a drop in advertising revenue for the first time since the company began reporting the unit’s performance. The results show weakness in the economy spreading to some of its more resilient names, including many tech companies that saw their sales and stock prices rise during the pandemic. Microsoft on Tuesday reported its worst quarterly earnings in more than two years, and Texas Instruments said it was seeing flagging demand in personal electronics and from some other industrial buyers.

☆ Chipmaker TI forecasts dour fourth-quarter estimates on slowing demand
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +1 min

Oct 25 (Reuters) - Chipmaker Texas Instruments Inc (TXN.O) on Tuesday forecast quarterly revenue and profit below estimates, anticipating slowing orders as consumer electronics makers and retailers grapple with bloated inventory, sending its shares down 5%. Hit by red-hot inflation, consumers have pulled back on non-discretionary spending including on personal electronics, which has left businesses, stocking up ahead of the holiday season, with piled up inventories. "During the quarter we experienced expected weakness in personal electronics and expanding weakness across industrial," said TI Chief Executive Officer Rich Templeton. The company forecast fourth-quarter revenue in the range of $4.40 billion to $4.80 billion, compared with estimates of $4.93 billion, per Refinitiv data. It forecast profit between $1.83 and $2.11, below estimates of $2.21.

☆ Chip firm Navitas, worth $1 billion, is competing with industry leaders to replace silicon chips with more environmentally-friendly gallium-nitride ones.
▼ + stars: | 2022-10-25 | by ( Aaron Mok | ) www.businessinsider.com time to read: +7 min

After spending decades working with silicon chips, Sheridan started Navitas to capitalize on an emerging technology he says has a multibillion-dollar market potential. Today, most of Navitas' GaN chips can be found in phone and laptop chargers made by companies like Samsung, LG, Lenovo, and Dell. Sheridan said integrated circuits gave Navitas chips a competitive edge over GaN chips produced by competitors like Infineon, Texas Instruments, and Nvidia. GaN chips are far from replacing silicon chipsWhile GaN chips have promise, silicon chips are dominant. It says it has also invested in research and development to design GaN chips for bigger systems.

☆ Stocks making the biggest moves after hours: Alphabet, Microsoft, Texas Instruments and more
▼ + stars: | 2022-10-25 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Alphabet — The search engine parent dropped 5.8% after Alphabet missed third-quarter earnings expectations, and reported a decline in YouTube ad revenue. Texas Instruments — Shares declined 5.7% after TI's Q4 revenue and earnings forecasts missed the average analyst's consensus estimate, according to FactSet. Texas Instruments posted Q3 revenue of $5.24 billion, greater than the $5.14 billion forecast, according to consensus estimates from Refinitiv. Spotify — The streaming stock dropped 6.9% after Spotify's results failed to meet earnings expectations, reporting a loss of 98 cents per share. Analysts were expecting a loss of 84 cents per share, according to consensus estimates on FactSet.

☆ Watch CNBC’s full interview with Virtus' Joe Terranova, Sand Hill’s Brenda Vingiello and CIC Wealth’s Malcolm Ethridge
▼ + stars: | 2022-10-25 | 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 Virtus' Joe Terranova, Sand Hill’s Brenda Vingiello and CIC Wealth’s Malcolm EthridgeVirtus' Joe Terranova, Sand Hill’s Brenda Vingiello and CIC Wealth’s Malcolm Ethridge, join 'Closing Bell: Overtime' to discuss Google, Microsoft, Texas Instruments and Chipotle earnings.

☆ Tech tonic and Sunak salve
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +5 min

A massive week for top technology firms worldwide pits U.S. mega cap earnings against the withering slide in China tech shares amid domestic political and economic fears. read moreBut the decimation of Chinese tech stocks (.HSTECH) this week was more worrying. read moreU.S.-listed shares of Chinese companies such as Pinduoduo (PDD.O), JD.com and Baidu Inc plunged between 12% and 25% in New York on Monday. read moreHSBC's shares fell almost 7% in London, meantime, as investors digested a sudden management change and rising bad loan charges. As investors awaited the European Central Bank's latest interest rate rise on Thursday, German business readings were above forecast for October.

☆ Barclays downgrades Analog Devices, says it has yet to price in a correction
▼ + stars: | 2022-10-24 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

There are better names off the bottom in semiconductor stocks than Analog Devices , according to Barclays. Analyst Blayne Curtis downgraded shares of Analog Devices to equal weight from overweight, and lowered the price target, saying the semiconductor stock has yet to price in a correction. The analyst cut the price target to $140 from $180. The new price target is 4.5% below where shares closed Friday at $146.59. The analyst downgraded shares of other semiconductor stocks NXP Semiconductors and Qorvo to equal weight.

☆ Stock futures are flat as investors await big tech earnings
▼ + stars: | 2022-10-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures were flat in overnight trading Monday as investors looked ahead to big technology earnings for further clues into the health of the U.S. economy. Futures tied to the Dow Jones Industrial Average traded marginally higher, while S&P 500 and Nasdaq 100 futures added 0.09% and 0.02%, respectively. Shares of Amazon slipped slightly in after hours trading on reports of a hiring freeze, while Discover Financial shed more than 1% on disappointing earnings results. Investors this week remain laser-focused on earnings from the biggest technology companies, with reports from Alphabet and Microsoft due Tuesday. On the economic data front, S&P/Case-Shiller August home prices, FHFA August home prices and October consumer confidence are slated for release Tuesday.

☆ The economy may be in better shape than you think...for now
▼ + stars: | 2022-10-23 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +7 min

The consensus forecast from economists surveyed by Reuters is that GDP grew at an annualized pace of 2.1% in the third quarter. (This will be the first estimate for third-quarter GDP, and there will be several revisions in the coming weeks.) That also means the Fed will likely continue to sharply raise interest rates to finally choke off inflation once and for all. Those rate hikes helped cause a so-called double-dip recession, where the economy suffered two downturns between 1980 and 1982. In other words, the much-hoped-for “soft landing” for the economy could turn out to be a pipe dream.

☆ Earnings are off to a surprisingly decent start. Next week is the big test for tech
▼ + stars: | 2022-10-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Stocks rallied this week as earnings season ramped up and is so far off to a better-than-expected start. With 20% of the S & P 500 having reported financials so far, sales results have thus far been 1.4% above expectations while earnings results are 5.4% above expectations, in aggregate. That inverse correlation between bond yields and stocks was powerful enough to trump positive earnings reports. Looking back On the earnings front, we got results from Johnson & Johnson (JNJ), Procter & Gamble (PG), and Danaher (DHR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Top investors say it's foolish to ignore the value in tech stocks right now. What to buy and when
▼ + stars: | 2022-10-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +25 min

Schatz of Heritage Capital looks for what he calls "high-flier" or "second-tier" technology stocks severely battered this year but pushing higher. Playing defense When looking outside of big tech, investors may also want to consider looking out for more defense-focused names. His picks include IBM, which trades at just 14 times forward earnings and offers a sticky revenue base. Schatz of Heritage Capital looks for what he calls "high-flier" or "second-tier" technology stocks severely battered this year but pushing higher. His picks include IBM, which trades at just 14 times forward earnings and offers a sticky revenue base.

☆ The 60/40 portfolio has been suffering all year, but there are opportunities for long-term investors
▼ + stars: | 2022-10-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The 60/40 strategy, known as a balanced portfolio, has been hit by rising bond yields — which means falling fixed income prices, as well as a sinking stock market. "The future is brighter for the 60/40," said Omar Aguilar, CEO and chief investment officer of Schwab Asset Management. "The correlation will come back to the normal levels, or the historical levels that you normally have between equities and fixed income," Aguilar said. Schwab's Aguilar advises against chasing yields in fixed income, but instead maintaining a balanced approach between credit and duration. In fixed income, the firm currently has a bond duration of four years, down from its previous seven-year duration.

☆ Wall St Week Ahead As U.S. markets churn, some stick with rare 2022 winner: energy shares
▼ + stars: | 2022-10-14 | by ( David Randall | ) www.reuters.com time to read: +4 min

The S&P 500 energy sector is already up around 48% this year and monetary policy tightening around the world has bolstered the chances of a global recession that could curtail energy demand. The S&P 500 energy sector trades at a trailing price-to-earnings ratio of 9.9, nearly half the 17.4 valuation of the broader index. The S&P 500 is down around 24% this year while bonds - as measured by the Vanguard Total Bond Market index fund - are down nearly 18%. Saira Malik, chief investment officer at Nuveen, believes that fund managers will remain lightly positioned in energy shares despite recent gains. She is also betting that China’s economy will rebound in coming months, supporting global oil prices"We still think energy has legs here," she said.

☆ Wall St Week Ahead: As U.S. markets churn, some stick with rare 2022 winner: energy shares
▼ + stars: | 2022-10-14 | by ( David Randall | ) www.reuters.com time to read: +4 min

The S&P 500 energy sector is already up around 46% this year and monetary policy tightening around the world has bolstered the chances of a global recession that could curtail energy demand. The S&P 500 energy sector trades at a trailing price-to-earnings ratio of 9.9, nearly half the 17.4 valuation of the broader index. Energy is the only sector in the S&P 500 expected by analysts at Credit Suisse to post positive revisions to their third quarter earnings. Saira Malik, chief investment officer at Nuveen, believes that fund managers will remain lightly positioned in energy shares despite recent gains. She is also betting that China’s economy will rebound in coming months, supporting global oil prices"We still think energy has legs here," she said.

☆ These stocks bucking the bear market are relatively safe and pay a dividend
▼ + stars: | 2022-10-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

As the fourth quarter kicks off, it's hard to forget all the stock market turmoil this year — or hope for better times ahead. The benchmark index in September also hit new bear market lows for the year, closing below the 3,600 level on Friday. The are some rare stocks bucking the trend that could offer a safe haven during these trying times and the uncertainty that lies ahead. Another bear market survivor was Cummins , with shares rising 5.2% in the recent quarter and down just 3.6% this year. A September CNBC Pro screen listed Cummins among a host of inflation-fighting stocks outperforming the market .

☆ Cramer's lightning round: Keep your powder dry when it comes to Crown Castle
▼ + stars: | 2022-09-21 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

Loading chart...Micron Technology Inc: "I think the stock goes to $48, $47 before I ever think about buying it." Loading chart...Crown Castle Inc: "I say, keep your powder dry." ... Don't buy all at once." Loading chart...On Semiconductor Corp: "It's doing well, but all semiconductor stocks are vulnerable." Loading chart...Carnival Corp: "I think it can stave off that bankruptcy, but I don't think that makes it a good stock."

☆ Two-Minute Drill: TXN, PARA & CACC
▼ + stars: | 2022-09-19 | 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 EmailTwo-Minute Drill: TXN, PARA & CACCNoah Hamman of AdvisorShares joins 'Closing Bell: Overtime' to discuss three stocks: Texas Instruments, Paramount Global and Credit Acceptance.

☆ The CEO of chip firm Navitas details its master plan to take on giants like Intel and AMD with a more environmentally-friendly chip that could be more powerful than silicon
▼ + stars: | 2022-08-19 | by ( Aaron Mok | ) www.businessinsider.com time to read: +7 min

Tech stocks generally carry more risk than other stocks, but they also promise significantly more growth. Throughout much of the 21st century's historic bull market, tech stocks have been at the forefront of the rise, with the biggest tech stocks all outperforming the S&P 500 over the past five and 10 years. There's a fundamental reason why tech stocks tend to attract more investor demand than other kinds of equities. This has added to optimism that tech stocks, in particular stocks which have already seen big gains, will still be a safer longer-term bet," Streeter says. If an investor wants the highest possible appreciation, they would do well to devote a segment of their holdings to tech stocks.

☆ Only 18 out of 890 major US companies are fully transparent on worker issues — and that openness is helping them grow their bottom line
▼ + stars: | 2019-04-17 | by ( Richard Feloni | ) www.businessinsider.com time to read: +6 min

Only 18 companies disclosed all nine of the practices taken into consideration, including Goldman Sachs, Nike, Nvidia, and PepsiCo. Just's team of researchers gathered all public data on nine criteria related to what it calls "human capital." The team discovered that only 18 of the companies both disclosed and tracked the progress of all the criteria. It was initially acceptable to simply state a policy, but then stakeholders demanded increasingly extensive data and signs of progress. "I don't think that you have much of a choice these days, if you're a larger company," she said.

Persons: Paul Tudor Jones, Russell, Goldman Sachs, It's, Martin Whittaker, you've, it's, Whittaker, Alison, millennials, Eli Lilly, Jones Lang LaSalle, Read, Tonie Hansen, Hansen Organizations: Nike, Nvidia, PepsiCo, Service, ROE, Data Systems, Boston Scientific, Hasbro, Intel, PayPal, Qualcomm, State, Symantec, Texas Instruments Locations: BusinessInsider.com, Wall, Silicon, America, Marriott, Wells

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