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We asked top venture capitalists to name the most promising US startups so far in 2024. VCs named portfolio companies as well as startups that they have no financial ties to. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThere's an adage in venture capital that great companies are born out of hard times.

Persons: VCs, —, Uber Organizations: Service, Business

☆ Tuesday's big stock stories: What's likely to move the market in the next trading session
▼ + stars: | 2024-08-05 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +2 min

It's now 18% from the February 52-week high. The stock is 17% from the April 52-week high. Dow Winners There are only four Dow stocks that are up in the last three days. Shares are 1.7% from the July 24 52-week high. The stock is 11% from the January 52-week high.

Persons: Russell, Crypto, Michael Saylor, MicroStrategy, Cleanspark, Joe Hinrichs, It's, Johnson, McDonald's Organizations: CNBC, Nasdaq, Dow Jones, Galaxy, CSX, Caterpillar, Dow, Procter, Gamble, Johnson

☆ These 10 stocks usually rise when Nvidia shares fall
▼ + stars: | 2024-08-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Several stocks in the S & P 500 often rise whenever Nvidia shares fall, according to a CNBC Pro analysis. CNBC Pro screened for stocks in the S & P 500 that were inversely correlated to Nvidia's over July, a month in which the chip maker's stock declined by 11.6%. By comparison, the S & P 500 notched a 1.1% gain, while the tech-heavy Nasdaq Composite eased 0.8%. A correlation of 0 would indicate no statistical link between Nvidia's stock and the share price of the other companies. The below table highlights the 10 stocks in the S & P 500 with the strongest inverse correlation with Nvidia's share price over the first week of August.

Persons: Dr Pepper, General Mills, Dickinson, Lockheed Martin, Northrop, Russell, Morgan Stanley, Goldman Sachs, — CNBC's Arjun Kharpal, Lisa Kailai Han, John Melloy Organizations: Nvidia, CNBC, Xcel Energy, Co, Northrop Grumman, CNBC Pro, Nasdaq Locations: U.S, Becton, lockstep

☆ Why the stock market is freaking out, but you shouldn’t
▼ + stars: | 2024-08-05 | by ( Lacey Russell | ) edition.cnn.com time to read: 1 min

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☆ Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
▼ + stars: | 2024-08-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Carry trades refer to operations wherein an investor borrows in a currency with low interest rates, such as the Japanese yen, and reinvests the proceeds in higher-yielding assets elsewhere. "You can't unwind the biggest carry trade the world has ever seen without breaking a few heads. A change in Japanese monetary policy prompted one strategist to warn of the "implosion" of the yen carry trade over a short-term basis. watch nowEd Rogers of Rogers Investment Advisors said the yen carry trade isn't dead yet, despite the deepening stock market sell-off. "Certainly there is going to be some momentary panic, I think, about the yen carry trade.

Persons: Richard A, Brooks, Kit Juckes, Juckes, Russell Napier, Ed Rogers, Rogers, CNBC's Organizations: Tokyo Stock Exchange, Afp, Getty, Swiss, Societe Generale, U.S, Bank of Japan, Rogers Investment Advisors Locations: Tokyo, London

☆ The market sell-off could be a 'growth scare,' Fundstrat's Tom Lee says
▼ + stars: | 2024-08-05 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The global sell-off in equities could end up being a mere "growth scare," according to Fundstrat managing partner and head of research Tom Lee. The index, known as Wall Street's "fear gauge," has more than doubled to above 50 since Friday, when it stood at roughly 23. For his part, Lee has been one of Wall Street's more bullish market commentators . But Lee opined that the sharp spike in Wall Street's fear gauge may suggest that a return to investor confidence could be over the horizon. "We have over three days where suddenly markets reversed, [and] declines like that are generally symmetric but you have to watch the VIX," Lee said.

Persons: Tom Lee, Lee, CNBC's, Russell Organizations: Nasdaq, Federal Reserve, Bank of, greenback Locations: U.S, Asia, Japan

☆ Want to invest $50,000? Here are 5 ETFs to buy and hold, according to a wealth manager
▼ + stars: | 2024-08-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

ETFs hold a collection of securities , like stocks or bonds, and so offer more diversification than a single asset. CNBC Pro asked Dennison for his top ETF picks that someone looking to invest $50,000 can buy and hold long-term. Avantis International Small Cap Value ETF Dennison says he's "very happy" with the Avantis International Small Cap Value ETF (AVDV-US). DFA Dimensional U.S. Small Cap Value ETF Another small-cap-focused ETF on Dennison's radar is the Dimensional US Small Cap Value ETF (DFSV-US), which owns companies that are "in corners of the market that are harder to reach." The Dimensional US Small Cap Value ETF is currently around 6% higher over the year to date.

Persons: Tariq Dennison, Dennison, he's, Spencer, Weizhen Tan, Ganesh Rao Organizations: Fidelity, GFM Asset Management, CNBC Pro, Value, U.S, Abercrombie, Fitch, Cadence Bank, Commercial Metals, JPM Global Equity, Global Equity, Arista Networks, Walmart, Deutsche Telekom, ASM International, Novo Nordisk, Vanguard Locations: U.S, Swiss, Dennison

☆ 3 election-proof trades to boost your portfolio regardless of a Harris or Trump win
▼ + stars: | 2024-08-04 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Amid the backdrop of the US' polarized political environment, it might seem like the differences between Harris and Trump are night and day. DWS Group identified the following three areas of the market that'll perform well under a Trump or Harris presidency. Big Tech and AI aren't going anywhere this November, according to DWS Americas Chief Investment Officer David Bianco. If Trump wins, tax cuts will provide a boost to corporate America and increase consumer spending. If Harris wins, the dollar will strengthen for different reasons.

Persons: —, Harris, Trump, David Bianco, Bianco, Amanda Rebello, DWS, Frank Kelly, Biden, Kelly, Russell Organizations: Service, Trump, Big Pharma, DWS, Business, Big Tech, Republicans, Vanguard Utilities, International Stock ETF Locations: America

☆ Thousands were arrested at college protests. For students, the fallout was only beginning
▼ + stars: | 2024-08-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +10 min

Officers use pepper spray on demonstrators at George Washington University, on May 8, 2024. Sage Russell / AP fileTwenty-three of those arrested were students. Protesting George Washington University students celebrate as they break through a police barrier on April 29, 2024. Arrests put students’ degrees on holdFor some students, the impact on their academic careers has affected them more than any legal jeopardy. At Washington University, conduct hearings for arrested students began recently but have yet to result in disciplinary decisions.

Persons: Annie McGrew, “ It’s, ” McGrew, “, newsrooms, Valencia Alvarez, Sage Russell, Alvarez, ” Alvarez, Emmanuel Nneji, ”, Maddison Tirado, Tirado, Ezra Baptist, Cliff Owen, doesn’t, that’s, Owen Buxton, Emerson, Javier Reyes, ” Reyes, McGrew, Charles Sullivan, Sullivan, ” Sullivan, Reyes, Anthony Paik Organizations: University of Massachusetts, UMass, The Associated Press, Washington University, George Washington University, Student, Hamas, Columbia University, State University of New, New Paltz, . State, AP, ”, Emerson College, Boston Police Department Locations: Gaza, Louis, New York, Ulster County, State University of New York, New Paltz, “, Israel, Boston, Buxton, Amherst, Ohio

☆ Daily Open: Stocks fall; 10-year Treasury yield drops; Apple beats Street while Amazon disappoints
▼ + stars: | 2024-08-02 | by ( Kevin Lim | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. stocks retreatU.S. stocks fell sharply on Thursday as weaker-than-expected jobs and manufacturing data sparked concerns about a rapid economic slowdown. Treasurys gainThe benchmark 10-year Treasury yield fell below 4% for the first time since February as investors digested weak job numbers and braced for a September rate cut by the U.S. Federal Reserve. The 10-year yield last traded at 3.981%, down 12.3 basis points, while the two-year yield eased to 4.156%. Asian stocks tumbleJapanese stocks dropped 5.8% on Friday as Asia-Pacific markets reacted negatively to the sell-off on Wall Street.

Persons: Russell, Tim Cook, CNBC's Steve Kovach, Brian Olsavsky Organizations: CNBC, Dow Jones Industrial, Nasdaq, Labor Department, Institute for Supply, Treasury, U.S . Federal Reserve, Nikkei, SoftBank, Mitsui, Marubeni, CSI, Services, Apple, Apple Intelligence, Olympics, Tech, CNBC Pro Locations: U.S, Asia, Pacific

☆ Biotech and more: Hold these growth stocks for the next 10 years, the pros say
▼ + stars: | 2024-08-02 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Growth stocks have been volatile, with tech names going through wild swings in recent weeks. On the whole, growth stocks are up this year, although they recently fell slightly. What are some of such stocks that investors can buy and hold for the next 10 years? CNBC Pro asked fund managers and other investors who focus on growth stocks for some ideas. There are two segments in this business: original equipment and aftermarket, according to him.

Persons: Russell, TransDigm, Casey's, Janjigian Organizations: Nasdaq, . Federal Reserve, CNBC Pro, Waste Management, Republic Services Group, Carnegie Investment, Greenwich Wealth Management, U.S . Food, Drug Administration

☆ Why investors should buy the ongoing dip in stocks, Fundstrat says
▼ + stars: | 2024-08-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Technical signals suggest downside is limitedThere isn't much evidence that poor-performing areas of the market, like small-cap stocks, have peaked, Newton said. Meanwhile, Treasury yields have fallen in recent months as traders anticipate Fed rate cuts, which is typically bullish for stocks, he added. Advertisement"Thus, looking to buy dips makes sense technically," he said, adding that small-cap stocks looked "certainly appealing" after their recent slide. Fed rate cuts will mark a turning point in the marketThat's because rate cuts are expected to ease borrowing costs across several sectors. Small-cap stocks are flashing bullish signalsThe Russell 2000 hit a 30-month high in July, something that's only happened nine times over the past 45 years.

Persons: Fundstrat's Tom Lee, Lee, —, Tom Lee, who's, Mark Newton, Newton, I'm, Russell, That's Organizations: Tech, Service, Fed, Wall Street Locations: Wall

☆ How this 26-year-old is changing the face of professional sailing: ‘I need to believe that I deserve to be here’
▼ + stars: | 2024-08-02 | by ( Harriet Taylor | In | ) www.cnbc.com time to read: +3 min

SailGP and US Olympic sailor Anna Weis is transforming the image of professional sailing. Weis is leading a new generation of women sailors challenging preconceived notions of female athleticism. With speeds of more than 60 miles per hour, the league is gaining a reputation as 'Formula 1 on the water.' No one was hurt, but the crash was a stark reminder of the high-adrenaline, high-stakes of the sport she has chosen. Vonn's experience competing at the highest level of a sport coupled with her perspective as a female athlete is an invaluable asset to the team, Weis says.

Persons: Anna Weis, Weis, Larry Ellison, Sir Russell Coutts, SailGP, Anna [ Weis, Mike Buckley, She's, she's, Coutts, It's, Marc Lasry's, Ryan McKillen, Margaret McKillen, Issa Rae, Deontay Wilder, Lindsey Vonn Organizations: Olympic, Oracle, United States SailGP, CNBC, US Team Locations: Bermuda, United States

☆ Dow dives more than 800 points after July jobs report misses expectations
▼ + stars: | 2024-08-02 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Stocks slid Friday as a disappointing jobs report added to fears that the US economy is weakening. Stocks have also whipsawed in recent days as investors also digested the Federal Reserve’s July policy meetings and Big Tech earnings reports. Big Tech earningsInvestors have also parsed a mixed bag of Big Tech earnings this week. Shares of Apple, which reported in-line earnings but missed sales expectations Thursday evening, are up 2.1%. Investors have in recent weeks moved out of the Magnificent Seven tech stocks that powered the market to repeated record highs this year.

Persons: Stocks, Dow, That’s, ”, David Russell, Jerome Powell, ” Powell Organizations: New, New York CNN, Nasdaq, of Labor Statistics, Institute for Supply Management, Big Tech, Federal Reserve, Microsoft, Apple, Amazon, Meta, Intel Locations: New York, tamping

☆ Here are the top stocks to own right now, according to UBS
▼ + stars: | 2024-08-02 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

A handful of stocks may be due for some gains, even as the market sells off. The firm added three new names to the list from the industrials and materials sectors, including Freeport-McMoRan and Norfolk Southern . UBS said Air Products is at "the forefront of the energy transition," citing the progress it is making on large "blue" and "green" hydrogen projects. Meta is trading at a multiple of 23 times earnings on a forward price-to-earnings basis, per FactSet, and UBS sees shares as attractively valued. "The company should benefit from healthy user engagement, improving monetization of Reels, and longer-term monetization of Instagram and WhatsApp offer longer-term opportunities."

Persons: Russell, Nathaniel Gabriel, Gabriel, Robert " Kelly, Ortberg, Meta Organizations: Dow Jones, UBS, Norfolk, Air Products, Chemicals, Air, Boeing, Alaska Airlines Boeing, Max, DOJ Locations: Freeport, McMoRan

☆ Google, Netflix, and OpenAI execs are hosting a fundraiser for Kamala Harris
▼ + stars: | 2024-08-02 | by ( Melia Russell | ) www.businessinsider.com time to read: +1 min

Executives from Google, Netflix, and OpenAI are throwing a fundraiser for Kamala Harris. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Then came a series of events that shows Kamala Harris still has friends in high-tech places. It started with LinkedIn cofounder Reid Hoffman declaring his support for Harris the same day that Biden ended his campaign.

Persons: Kamala Harris, —, Donald Trump, Reid Hoffman, Harris, Biden, Reed Hastings, Kamala Organizations: Google, Netflix, Service, LinkedIn, Business Locations: Washington ,, Silicon Valley

☆ The end of the 'carry trade'? How Japan's yen could be ripping through U.S. stocks
▼ + stars: | 2024-08-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Stocks are experiencing a broad slump, with many market participants caught off guard by the speed of the yen's rally. The Japanese national flag is seen at the Bank of Japan (BoJ) headquarters in Tokyo on July 31, 2024. 'An implosion of the carry trade'U.S. stocks kicked off the month sharply lower, as fresh data prompted fears of a worsening economic outlook. "First of all, the hawkish Bank of Japan caused an implosion of the carry trade over a short-term basis. And all of that helps push equity markets, which had been quite expensive, even lower," he continued.

Persons: Nogi, Russell Napier, Napier, Cedric Chehab, Chehab, CNBC's Organizations: Afp, Getty, U.S ., U.S, Bank of Japan, The Bank of Japan, Federal, Dow Jones, Nasdaq, BMI, hawkish Bank of Japan Locations: Tokyo, China, Japan, U.S

☆ Wall Street will look for signs of what's next for the market after a rocky start to August
▼ + stars: | 2024-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The S & P 500 ended the week down by 2%. As of Friday, the Nasdaq Composite was more than 10% below its recent high, while the S & P 500 was down by 5.7%. Markets were last pricing in a 71% chance of a half percentage point rate cut in September, up from 22% on Thursday, according to the CME FedWatch Tool . Brands , Fidelity National Information Services , Uber Technologies , Marathon Petroleum , Caterpillar Wednesday Aug. 7 3 p.m. Consumer Credit (June) Earnings: Costco Wholesale , Warner Bros. Discovery , Occidental Petroleum , Ralph Lauren , CVS Health , Hilton Worldwide Holdings , Walt Disney Company Thursday Aug. 8 8:30 a.m.

Persons: Stocks, payrolls, Bill Hornbarger, Benjamin F, Edwards, Russell, Claudia Sahm, selloff, Michael Kantrowitz, Piper Sandler, Kantrowitz, Jan Hatzius, Goldman Sachs, Hatzius, CNBC's, Eli Lilly, Ralph Lauren, Martin Marietta Organizations: Nasdaq, Treasury, Investors, Federal Reserve, Walt Disney Company, Caterpillar, Costco, Micro Computer, PMI, PMI Services, Services PMI, Simon Property Group, Diamondback Energy, Tyson Foods, Devon Energy, Airbnb, Wynn Resorts, TransDigm, Brands, Fidelity National Information Services, Uber Technologies, Marathon Petroleum, Consumer Credit, Costco Wholesale, Warner Bros, Discovery, Occidental Petroleum, CVS Health, Hilton Worldwide Holdings, Gilead Sciences, Akamai Technologies, News Corp, Paramount Global, Expedia, Martin, Martin Marietta Materials Locations: Fortinet, Devon

☆ Daily Open: U.S. stocks fall; 10-year Treasury yield drops below 4%; Apple beats Street while Amazon falters
▼ + stars: | 2024-08-02 | by ( Kevin Lim | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks retreatU.S. stocks fell sharply on Thursday as weaker-than-expected jobs and manufacturing data sparked concerns about a rapid economic slowdown. The 10-year yield last traded at 3.981%, down 12.3 basis points, while the two-year yield eased to 4.156%. Looking ahead, Apple expects services to grow by about 14%. Apple CEO Tim Cook told CNBC's Steve Kovach the company has increased spending on Apple Intelligence to get it ready by fall.

Persons: Russell, Tim Cook, CNBC's Steve Kovach Organizations: New York Stock Exchange, Wall, CNBC, Dow Jones Industrial, Nasdaq, Labor Department, Institute for Supply, Treasury, U.S . Federal Reserve, Apple, Apple Intelligence, Tech, CNBC Pro Locations: New York City, Stocks

Stocks sold off Thursday, with the Dow Jones Industrial Average tumbling nearly 500 points, as investors’ fears over a recession surfaced. The 10-year Treasury yield broke below 4% for the first time since February in a sign that more investors were seeking safe-haven assets. That weak data comes a day after the Fed chose to keep rates at the highest levels in two decades. “The economic data keep rolling on in the direction of a downturn, if not recession, this morning,” said Chris Rupkey, chief economist at FWDBONDS, a financial market research company. The S&P 500 is still up about 14% for the year, coming off its eighth-positive month in the last nine in July.

Persons: Stocks, ’, Dow, Russell, Jerome Powell, ”, Chris Rupkey, JPMorgan Chase, Meta Organizations: Dow Jones, Nasdaq, Federal, Treasury, JPMorgan, Boeing, Meta, Nvidia Locations: U.S

☆ An options trade on an oil giant before earnings with crude on the move higher
▼ + stars: | 2024-08-01 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Over the past couple of weeks, energy stocks have outperformed as investors have moved away from technology, consumer discretionary and, well, everything else. I'll breaking down my market view and then describe a possible trade on a big energy stock into earnings. Several energy companies, including the three largest US-based integrated oil companies, report earnings this week. Exxon is up slightly this week as oil inches higher on Middle East tensions. XOM YTD mountain Exxon, year-to-date Crude prices and energy stocks are, technically, mixed bags.

Persons: I've, Brent, that's Organizations: Exxon Mobil, Chevron, Exxon, CNBC, NBC UNIVERSAL

☆ Three 'pain trades:' Bank of America tells clients to be on the right side of these market moves
▼ + stars: | 2024-08-01 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

With the second half of the year underway, there are three trades that investors should make sure they're on the right side of, Bank of America says. Bank of America expects earnings of the remaining 493 S & P 500 companies to accelerate into the end of the year. Bank of America identified avoiding dividend-paying stocks as another pain trade for later this year. Bank of America also notes that more than 200 S & P stocks currently provide higher real return potential than the 2% offered by the 10-year Treasury . The SPDR Portfolio S & P 500 High Dividend ETF (SPYD) has surged 10% year to date and more than 7% in the past month.

Persons: CNBC's, Russell, Savita Subramanian, Subramanian Organizations: Bank of America, Bank of, Big Tech, of America, Federal Reserve, Nasdaq

☆ Small cap Russell 2000 posts 10% gain in July, trouncing other indexes
▼ + stars: | 2024-08-01 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Wall Street ended July with a bang that turned a volatile month into a winner. The Russell 2000 soared 10.1% in July, its biggest one-month gain since December. .RUT YTD mountain Russell 2000, year-to-date Bank of America thinks this "pain trade" will continue as a new month of trading kicks off. Among the big analyst calls on Wall Street this morning, Morgan Stanley upgraded GE Vernova to overweight from equal weight. "We believe we are at the early stages of a multi-decade energy transition investment cycle that will require significant capital investment in gas power, renewables, and grid expansion/enhancement.

Persons: Russell, Savita Subramanian, Morgan Stanley, Andrew Percoco Organizations: Nasdaq, Nvidia, Bank of America, GE

☆ Stock futures slip after Amazon posts results, traders brace for July payrolls report: Live updates
▼ + stars: | 2024-08-01 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024 in New York City. U.S. stock futures slid on Thursday night as traders considered fresh results from Amazon and Intel. Dow Jones Industrial Average futures lost 143 points, or 0.4%, and Nasdaq 100 futures dropped 0.8%. Even the small-cap Russell 2000 hasn't been spared from the recent tumult, down about 3.3% in the period and on pace for its worst weekly performance since January. On the earnings front, energy giants Chevron and Exxon Mobil will be announcing their quarterly results Friday before the market open.

Persons: July's, Dow, Quincy Krosby, Arnim Holzer, Russell, " Holzer, hasn't, payrolls, Dow Jones Organizations: New York Stock Exchange, Amazon, Intel, Investors, Dow Jones Industrial, Nasdaq, Apple, LPL, EAB Investment, Chevron, Exxon Mobil Locations: New York City . U.S, Thursday's

☆ CFRA raises S&P 500 outlook, sees 11% gain over the next 12 months
▼ + stars: | 2024-08-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

CFRA Research sees more upside for the benchmark S & P 500 over the next 12 months, even if the risk of near-term profit taking looms. The higher forecast implies a year-end target of 5,770 for the S & P 500, or a 4.5% uptick from Wednesday's close for the benchmark. Stovall's previous year-end S & P 500 target called for 4,940. A combination of more stable supply-and-demand dynamics coupled with a widening of market gains supports the more bullish outlook, CFRA said. The S & P 500 has a roughly 14% gain this year, compared to the Nasdaq Composite's roughly 15% advance.

Persons: Sam Stovall, Evercore's Julian Emanuel, CFRA, Russell Organizations: Research, Federal Reserve, Nasdaq Locations: Wednesday's

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