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☆ Half of the biggest global companies plan to cut office space. US cities will suffer most
▼ + stars: | 2023-06-06 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

There are fears that a rise in delinquencies as a result of the downturn could cause significant losses at banks, which finance many commercial real estate deals. Office space in the United States was also much more generous per person than in Europe and Asia, he said. London, Berlin, Madrid and Hong Kong were also forecast to have a large amount of excess office space. Before the pandemic, the Californian city was one of the hardest places in the United States to find office space, with a vacancy rate of only 9.5%. Now, 30% of its office space is either vacant or due to return to the market in the next year — a 30-year high.

Persons: —, Knight Frank, ” Lee Elliott, Elliott, “ We’re, ” Elliott, Savills, ”, Kelcie Sellers, “ Organizations: London CNN —, San, CNN, Companies, “, Washington DC Locations: San Francisco, homeworking, delinquencies, Francisco, United States, Europe, Asia, San Francisco , New York, Los Angeles, Chicago, Houston, Washington, London, Berlin, Madrid, Hong Kong, Pacific, America, “

Refinitiv data shows foreigners sold $1.71 billion worth of mainland shares this month via Stock Connect, a key cross-border link between the mainland and Hong Kong exchanges, after selling $659 million in April. Despite outflows in February, April and May, foreigners' net purchases of mainland shares still stood at $25.05 billion for the first five months of this year, compared with net buying of about $6.36 billion worth over the whole of 2022. "Foreigners seem to have been selling because of the underwhelming near-term economic data points and, perhaps, because of the opportunities available to investors with a broader (pan-Asia or global) mandate," Pershad said. "We presume other investors have re-allocated some capital from China to those markets (and others) this year." Reporting By Patturaja Murugaboopathy and Gaurav Dogra in Bengaluru; Editing by Vidya Ranganathan & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Pruksa Iamthongthong, Refinitiv, Alexander Davey, Vikas Pershad, Pershad, Patturaja Murugaboopathy, Gaurav Dogra, Vidya Ranganathan, Simon Cameron, Moore Organizations: Stock Connect, Reuters, National Bureau of Statistics, P Global, PMI, Morningstar, Allianz All China Equity WT, HK, HSBC Asset Management, U.S . Federal Reserve, G Investments, Thomson Locations: Hong Kong, China, Morningstar ,, Taiwan, Shanghai, Asia, Bengaluru

☆ Analysis: US debt ceiling deal could stall safety flight fueling megacap rally
▼ + stars: | 2023-05-19 | by ( David Randall | ) www.reuters.com time to read: +5 min

Their rally has been responsible for all of the 8.3% year-to-date gain in the S&P 500 (.SPX) through Wednesday's close, a Deutsche Bank report showed. A recent survey of global fund managers from BofA Global Research showed that 71% believe a deal to raise the debt ceiling will be reached before the X-date. Excitement over artificial intelligence, which has boosted some megacap names this year, is another factor that could support the category. At the same time, the debt ceiling has been only one of of several worries weighing on the market. Paul Christopher, head of global market strategy at Wells Fargo Investment Institute, expects lawmakers will reach an agreement to extend the debt ceiling through September.

☆ 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.

☆ CNBC Pro Talks: A top fund manager proves you can generate big returns while investing ethically
▼ + stars: | 2023-05-16 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

Join CNBC's Tanvir Gill as she discusses ethical investing with top-performing fund manager Philip Ripman. Ripman's fund, Storebrand Global Solutions, avoids companies that make over 5% of their revenues from fossil fuels, tobacco, alcohol, war and other vice-related activities. Ripman is based in Oslo, Norway and has been the fund manager of Storebrand Global Solutions since 2015. Join CNBC's Tanvir Gill as she discusses ethical investing with top-performing fund manager Philip Ripman. Ripman is based in Oslo, Norway and has been the fund manager of Storebrand Global Solutions since 2015.

☆ How to invest in the S&P 500 — a guide to the funds that mimic the influential index's makeup and moves
▼ + stars: | 2023-05-15 | by ( Martin Daks | ) www.businessinsider.com time to read: +17 min

After tracking the S&P 500 from 1965 to 2021, Berkshire Hathaway found the compound annual gain in the S&P 500 was 10.5%. In the case of S&P 500 index funds, the stocks are those of the companies listed in the S&P 500. With 500+ stocks in their portfolio, S&P 500 funds are especially diversified, their securities representing a range of industries. With 500+ stocks in their portfolio, S&P 500 funds are especially diversified, their securities representing a range of industries. The diversified, passive approach of S&P 500 funds — like most index funds — means an investor's downside is generally limited.

The Labor Department's report showed non-farm payrolls increased by 253,000 last month, higher than economists' expectations of 180,000. "This is a strong report and shows that the labor market is resilient. "It's been a tough week for the stock market, the regional banking problems have raised the fear factor, but Apple earnings came in strong. The S&P 500 has gained nearly 6% so far this year, while the S&P 500 Banks index (.SPXBK) and KBW Regional Banking index (.KRX) have lost 17% and 31%, respectively. ET, Dow e-minis were up 222 points, or 0.67%, S&P 500 e-minis were up 33.5 points, or 0.82%, and Nasdaq 100 e-minis were up 87 points, or 0.67%.

☆ Apple set to report quarterly earnings after the bell
▼ + stars: | 2023-05-04 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple is scheduled to report fiscal second-quarter results after the close of regular trading on Thursday. Here's what analysts are expecting:EPS: $1.43 per share, according to Refinitiv$1.43 per share, according to Refinitiv Revenue: $92.96 billion, according to RefinitivRevenue is expected to decrease 4.4% from $97.28 billion in the same quarter a year ago. The information it provided earlier this year suggested that sales would drop for a second straight quarter by roughly 5%. In the first quarter, PC shipments decreased almost 30%, according to IDC, while smartphone shipments were off 14%. Apple's report wraps up earnings season for tech's mega-cap companies, after Alphabet , Amazon , Meta and Microsoft all issued results last week.

But the benchmark S&P 500 (.SPX) advanced for the week as well as the day and registered a second consecutive monthly gain. For the month the S&P rose 1.5% while the Dow added 2.5% and the Nasdaq was barely higher. For the week the S&P rose 0.9% in line with the Dow's weekly gain and the Nasdaq rose 1.3%. While the S&P 500 bank index closed up 1.1%, shares in First Republic tumbled in the regular session and after the close. The S&P 500 posted 25 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 66 new highs and 136 new lows.

Chipmaker Intel Corp (INTC.O) gained 4.7% after it said gross margins will improve in the second half of the year. Analysts now expect first-quarter earnings for S&P 500 companies to fall 1.9% from a year ago compared with a 5.1% fall expected at the start of April, according to Refinitiv data. The KBW Regional Banking index (.KRX) and the S&P 500 bank index (.SPXBK) gained over 1% each. Advancing issues outnumbered declining ones on the NYSE by a 2.90-to-1 ratio; on Nasdaq, a 2.07-to-1 ratio favored advancers. The S&P 500 posted 24 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 53 new highs and 107 new lows.

Chipmaker Intel Corp (INTC.O) gained 4.6% after it said gross margins will improve in the second half of the year. The benchmark S&P 500 (.SPX) was set for a second consecutive monthly gain on better-than-expected earnings from megacap companies including Alphabet Inc (GOOGL.O), Microsoft Corp (MSFT.O) and Meta Platforms Inc (META.O). Analysts expect first-quarter earnings for S&P 500 companies to now fall 1.9% year-over-year compared with a 5.1% fall expected at the start of April, according to latest Refinitiv data. The KBW Regional Banking index and the S&P 500 bank index (.SPXBK) gained over 1% each. The S&P index recorded 21 new 52-week highs and two new lows, while the Nasdaq recorded 42 new highs and 97 new lows.

[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 10, 2023. Chipmaker Intel Corp (INTC.O) gained 6.1% after it said gross margins will improve in the second half of the year. Amazon.com Inc (AMZN.O) fell 3.5% as the company signaled its cloud growth would slow further, overshadowing its better-than-expected quarterly results. Analysts expect first-quarter earnings for S&P 500 companies to fall 2.4% year-over-year compared with a 5.1% fall expected at the start of April. Advancing issues outnumbered decliners by a 3.01-to-1 ratio on the NYSE and a 2.01-to-1 ratio on the Nasdaq.

☆ Big Tech's A.I. hype looks 'justified', says venture capital investor Eric Hippeau
▼ + stars: | 2023-04-28 | 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 EmailBig Tech's A.I. hype looks 'justified', says venture capital investor Eric HippeauEric Hippeau, Lerer Hippeau Ventures partner, joins 'Squawk on the Street' to discuss the A.I. frenzy in Big Tech, what we should expect out of A.I. in the future, and which mega cap companies could benefit from the budding technology.

☆ Drop in Transportation Stocks Foreshadows Weakening Economy
▼ + stars: | 2023-04-20 | by ( Vicky Ge Huang | ) www.wsj.com time to read: 1 min

Delta posted a quarterly loss and said consumers’ behavior is shifting in ways that can be hard to predict. Photo: ed jones/Agence France-Presse/Getty ImagesEconomically sensitive stocks, like those of transportation and small-cap companies, are trailing the broader market, reflecting growing investor concern about a potential recession. The Dow Jones Transportation Average, which tracks 20 large U.S. companies ranging from airlines to railroads to truckers, has underperformed the Dow Jones Industrial Average by about 8.3 percentage points since early February. Shares of Norfolk Southern Corp., American Airlines Group Inc. and J.B. Hunt Transport Services Inc. have dropped at least 10% over the same period.

☆ Investor Karen Firestone says this group of stocks is the next attractive segment of the market
▼ + stars: | 2023-04-19 | by ( Karen Firestone | ) www.cnbc.com time to read: +4 min

I have written several pieces that touched on the stocks with over $5 billion in market cap that fell hard from 2021's elevated grace. Market cap as a differentiator What might lead to such a wide discrepancy? What stands out is the big difference in market capitalization of the stocks in the top-performing quintile and the bottom group. The average market cap for the top fifth is $79.5 billion compared to $15.6 billion for the lowest performers. There are 4,279 stocks listed on the NYSE and Nasdaq with a market value of $5 billion or less.

☆ Infosys drags down Indian shares
▼ + stars: | 2023-04-17 | by ( Bharath Rajeswaran | ) www.reuters.com time to read: +2 min

BENGALURU, April 17 (Reuters) - Indian shares sank more than 1% on Monday after Infosys tumbled 15% and sparked a selloff in IT stocks following the country's No. 2 IT services exporter's weak results and forecast. The slide comes after the two indexes logged a winning steak for the past nine sessions in a row. The IT index (.NIFTYIT) sank 6.5% and was on track for its biggest one-day loss since March 2020. The Nifty midcap 100 index (.NIFMDCP100) and Nifty smallcap 100 (.NIFSMCP100) were both off about 0.2%.

☆ Goldman Sachs: These 29 stocks are poised for higher profits this year than anyone on Wall Street expects
▼ + stars: | 2023-04-08 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

Goldman Sachs shared 29 stocks that it believes will see higher earnings than the market expects. Goldman Sachs29 stocks to buy for better-than-expected earningsBesides underestimating giant growth stocks, Goldman Sachs thinks investors are misjudging corporate profits. Kostin and his colleagues made a list of stocks that have above-consensus earnings estimates from analysts at Goldman Sachs. Below are 29 stocks with earnings estimates from Goldman Sachs that are at least 5% higher than estimates from the rest of Wall Street. Along with each name is its ticker, consensus earnings estimates, earnings estimates from Goldman Sachs, and the difference between the two.

☆ Premarket stocks: These are the only stocks that matter right now
▼ + stars: | 2023-04-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Leading the way in growth are tech stocks like Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), Tesla (TSLA) and Meta (FB). That’s been a boon to large cap tech stocks that are more sensitive to interest rates because they tend to borrow more than established companies and rely more on the prospect of future earnings. But it also means that the current market rally is thin, as the major indexes outperform the average stock. Strong outperformance from the largest stocks often power indexes to rise, said Liz Ann Sonders, chief investment strategist at Schwab, in a note Tuesday. But healthy markets should be characterized by greater participation of the “soldiers” — the rest of the stocks, she said.

☆ The next big thing in Big Tech career path is an AI-based 'bilingual' job skillset
▼ + stars: | 2023-04-02 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +8 min

Microsoft unveiled new versions of its Bing internet-search engine and Edge browser powered by the newest technology from ChatGPT maker OpenAI. But the biggest one of all may be next, he says, through the combination of artificial intelligence and branches of science involved in medicine. But the opportunity won't translate into achievement without a new form of collaboration between the classic big tech talent and the medical field. One of her portfolio companies, Insitro, was founded by Stanford AI researcher Daphne Koller (Koller co-founder edtech company Coursera). "There is lots of exciting big talent opportunities coming from big tech and big cap pharma," she said.

☆ BofA reports inflows into global stocks are on a record-setting pace — and ETFs may be a way to play the hot trade
▼ + stars: | 2023-04-01 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

There's a corner of the market gaining traction among ETF investors, according to The ETF Store's Nate Geraci. BofA Global Research's latest market data out late this week appears to support Geraci's thesis. Tierney of Schwab Asset Management contends retail investors don't own enough global stocks. "Rebalancing [to international stocks] to get some more exposure could make sense for a lot of investors," said the senior investment portfolio strategist. His firm's Schwab International Equity ETF , which tracks large- and mid-cap companies in over 20 developed global markets, is up 8.1% so far this year.

☆ The market is appropriately discounting risk in smaller cap companies, says Pimco's Erin Browne
▼ + stars: | 2023-03-30 | 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 EmailThe market is appropriately discounting risk in smaller cap companies, says Pimco's Erin BrownePimco's Erin Browne joins 'Closing Bell' to discuss investment in high quality defensive stocks, Chinese stocks fueled by reopening, and a bifurcation in the market.

NEW YORK, March 21 (Reuters) - Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing high demand along with more speculative instruments such as tech stocks and bitcoin. The gains have come alongside big moves in assets traditionally perceived as safe-havens during uncertain times. Yields on shorter-dated Treasuries, which move inversely to prices, saw a historic drop last week, while money market funds notched their biggest inflows since April 2020 in the week to March 15, Refinitiv Lipper data showed. Well, the 10-year U.S. Treasury yield is down about 60 basis points from early March,” said Keith Lerner, chief market strategist at Truist Advisory Services, in a Monday report. Reporting by Lewis Krauskopf and David Randall; Editing by Ira Iosebashvili and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ These 74 stocks across 5 categories of AI are the top picks from the sector's leading fund managers.
▼ + stars: | 2023-03-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ Want to invest in companies that empower women? Here's what you need to know
▼ + stars: | 2023-03-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

Known as gender lens or gender equity investing, the idea is to invest for financial return, while promoting gender diversity. Yet those funds represent less than 0.01% of total equity fund assets in the United States, according to the firm. Her women CEO and CFO clients were getting tremendous results, she said. In January, the asset management firm launched the Hypatia Women CEO exchange-traded fund (WCEO). Women in leadership matters, but we need a more robust scorecard to assess gender equity.

☆ Buy these 52 top stocks now before a multi-year market recovery begins, according to BMO Capital Markets
▼ + stars: | 2023-03-15 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

The days of low interest rates that allowed growth stocks to take off are over, according to BMO. A three-year stretch of chaos in markets will soon end, according to BMO Capital Markets. Stocks have swung from feverish highs to crushing lows since the pandemic as interest rates rose from rock-bottom levels to historically high. 52 top stocks to buy nowIn the report, dozens of BMO analysts listed 52 of their favorite stocks across nine market sectors to buy this quarter. Below are the top investing ideas from BMO, along with each company's ticker, market capitalization, sector, price target, and thesis.

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