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☆ Markets just had their best week all year
▼ + stars: | 2024-11-08 | by ( John Towfighi | ) edition.cnn.com time to read: +4 min

New York CNN —US stocks closed at record highs on Friday, notching their best week all year after Donald Trump’s victory in the US presidential election. Both the S&P and the Dow had their best week in a year. Investors are responding to how Trump’s victory might transform the business landscape in the US. Markets had a milestone week as investors adjusted to Trump’s victory and started to evaluate the policies touted by his campaign, such as his proposal to lower the corporate tax rate. Markets move based on investor sentiment, and the historic gains this week are not certain to last.

Persons: Donald Trump’s, Dow, ”, Michael Block, Trump, Keith Lerner, Lerner, ” Lerner, Elon Musk’s Tesla, Bitcoin, Hogan, … Organizations: New, New York CNN, Nasdaq, US, Treasury, Markets, Dow, Advisory, Federal Reserve, Trump, Trump Media & Technology, GEO, America PAC, JPMorgan, Riley Wealth Management Locations: New York

☆ The 10 best undervalued small-cap stocks to buy now: Morningstar
▼ + stars: | 2024-02-11 | by ( Mark Reeth | ) www.businessinsider.com time to read: +4 min

2023 was the year of large-cap stocks, but 2024 may go down as the year small caps made their comeback. Small stocks, big possibilitiesEarlier this year, Bank of America’s head of US small & mid-cap strategy Jill Carey Hall outlined her take on so-called “SMID-cap” stocks in 2024. Her argument is simple: small-cap stocks are cheap, particularly value stocks, and they’re well-positioned to capitalize on market trends this year. Therefore, while small-cap stocks seem substantially cheaper than their large-cap counterparts, careful asset selection is needed, and we think it’s important to focus on quality.”10 best undervalued small-cap stocks to buyThere’s clearly an opportunity to be had in small-cap value stocks, though that opportunity still comes with its own risks. She recently compiled advice from Morningstar analysts into a list of the 10 best small-cap stocks to buy.

Persons: Jill Carey Hall, “, ” Carey, ”, Dave Sekara, Wharton, Jeremey Siegel, I'm, ” Siegel, there’s, Sekara, Morningstar, Tyler Dann, Susan Dziubinski Organizations: Meta, Nvidia, Business, Bank of, ” Morningstar, CNBC, Morningstar

☆ Premarket stocks: Magnificent Six? Fab Five? Some say the Seven are getting a shakeup
▼ + stars: | 2024-02-08 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

New York CNN —Is Wall Street’s favorite clique of tech stocks in need of a makeover? Most of the Magnificent Seven stocks have reclaimed their leadership of the market this year, with shares of Nvidia, Meta Platforms, Alphabet and Microsoft reaching record highs. Many investors are skeptical that the Magnificent Seven will match their blockbuster gains from 2023, even if they continue their leadership this year. Jim Worden, chief investment officer at the Wealth Consulting Group, says he believes the group should consolidate to the “Fab Five,” which he classifies as the Magnificent Seven minus Tesla and Apple. “There is a big leadership change underway in the Magnificent Seven stocks,” wrote Louis Navellier, chairman of Navellier & Associates, in a note on Tuesday.

Persons: Jim Worden, ”, Worden, Michael Hartnett, Jim Cramer, Louis Navellier, “, Nancy Tengler, It’s, Walt, Gina Lee, Samantha Delouya, Disney, Ron DeSantis, Diksha Madhok, ” TSMC, Joe Biden, ” Read Organizations: CNN Business, Bell, New York CNN, Nvidia, Meta, Microsoft, Apple, Wealth Consulting, Bank of America, Facebook, Netflix, Google, Federal Reserve, Micro Computer, Navellier, Associates, EV, Disney, Walt Disney World, Disney Vacation, Taiwan Semiconductor Manufacturing Company, Semiconductor Manufacturing, TSMC, US Locations: New York, China, American, Orlando , Florida, —, Florida, Japan Chip, Japan, Arizona

☆ Trump says he would not reappoint Fed Chair Jerome Powell
▼ + stars: | 2024-02-02 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

New York CNN —Former President Donald Trump said that if he is reelected, he would not reappoint Federal Reserve Chair Jerome Powell, accusing Powell of considering rate cuts to give Democrats an advantage in the 2024 elections. The former president said he has “a couple of choices” for the next Fed chair but declined to name them. Powell reiterated Wednesday the Fed is considering rate cuts to bring rates down from multi-decade highs designed to combat high inflation. Trump accused Powell of being “political,” adding to years of verbal attacks since Trump nominated him for Fed chair in 2017. Trump sparred with Powell almost immediately after he was appointed to the Fed, accusing Powell of hiking interest rates to harm the economy.

Persons: Donald Trump, Jerome Powell, Powell, ” Trump, Maria Bartiromo, Trump, Joe Biden, it’s, ” Stocks, Biden’s, he’s, ” Powell, “, ” Organizations: New, New York CNN, Fox News Business, Bureau of Labor Statistics, Trump, Fed, Duke University, London Business School Locations: New York

☆ How Long Can the ‘Magnificent Seven’ Stocks Hold the Line?
▼ + stars: | 2023-12-05 | by ( Jon Sindreu | ) www.wsj.com time to read: +1 min

The latest stock-market rally has further increased the dominance of the top-seven companies in the S&P 500. Illustration by Alexandra Citrin-Safadi/WSJAs in the eponymous 1960s Western, the so-called “Magnificent Seven” stocks keep on winning. The S&P 500 is in a bull market, fueled by soft inflation data in the U.S. and Europe and the widespread belief that interest rates will start coming down early next year. Yet the stock market has become so top-heavy that speaking of a “bull market” carries less meaning than before. Without Apple , Microsoft , Alphabet , Amazon.com , Nvidia , Tesla and Meta Platforms—the high-growth, technology-related companies that analysts have dubbed the “Magnificent Seven”—the S&P 500 would only be up 9% this year, rather than 19%.

Persons: Alexandra Citrin Organizations: Apple, Microsoft, Nvidia, Tesla Locations: U.S, Europe

HONG KONG (AP) — Asian shares were mixed on Monday ahead of a Federal Reserve decision this week on interest rates. U.S. futures gained while oil prices fell more than $1 a barrel. That’s particularly concerning for the Fed, which fears such expectations could lead to a vicious cycle that worsens high inflation. The Shanghai Composite index rose 0.3% to 3,025.76. As one of the most massive companies on Wall Street, Amazon’s stock movements carry huge weight on the S&P 500 and other indexes.

Persons: Netanyahu, Australia’s, Stocks, Russell, Ford, Brent Organizations: Federal, Federal Reserve, U.S, Nikkei, Bank of Japan, China, Dow Jones, Nasdaq, Wall, Intel, United Auto Workers, Treasury, New York Mercantile Exchange, U.S . Locations: HONG KONG, Israel, Israeli, Gaza, China, Shanghai, Hong Kong, Bangkok

☆ Nvidia set the market alight last quarter. Can it repeat the trick?
▼ + stars: | 2023-08-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —Artificial intelligence darling Nvidia’s upcoming earnings report could be a boost or a drag on a market already mired in the summer doldrums. Nvidia reached a $1 trillion market cap in May, becoming the ninth company to achieve that milestone. Tech stocks rose on Monday, indicating optimism among investors about Nvidia’s earnings. The tech-heavy Nasdaq Composite index on Monday gained 1.6%, marking its biggest one-day jump this month and stalling the recent sell-off in tech stocks. Tech stocks faltered somewhat on Tuesday, as weak retail earnings and elevated Treasury yields put pressure on stocks.

Persons: Jensen Huang, Phillip Toews, that’s, …, ”, Louis Navellier, Dan Ives, Jerome Powell, Anna Bahney, Read, Clare Duffy, —, X Organizations: CNN Business, Bell, CNN, Nvidia, Toews Asset Management, US Federal Reserve, Apple, Meta, Microsoft, Tesla, Navellier, Associates, Tech, Nasdaq, Wedbush Securities, Federal, Kansas City, Dow Jones, National Association of Realtors, NAR, Homeowners, Twitter Locations: Jackson Hole , Wyoming, Northeast, Midwest, West

☆ VinFast stock soars again on Nasdaq as buzz over Vietnamese EV maker grows
▼ + stars: | 2023-08-23 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Shares of VinFast, the Vietnamese electric vehicle maker that went public in a red-hot Wall Street debut last week, enjoyed another stunning rally again Tuesday. The strong market performance could make it easier for VinFast to raise more money from investors, a move CEO Thuy Le told CNN the company was considering. A similar story played out last week, when VinFast began trading on the Nasdaq. Public trading of VinFast (VFS) is based on razor-thin volumes — just 1% of the shares, which means price moves can be extremely volatile. On Tuesday, VinFast was one of the top trending companies and “most watched” stocks on Stocktwits, a social network for investors.

Persons: Thuy Le, VinFast, Pham Nhat Vuong, CNN’s Julia Chatterley, Le, “, ”, ” Le, Nhac Nguyen, Pham, CNN’s Livvy Doherty Organizations: Hong Kong CNN —, CNN, Nasdaq, Volkswagen, Ford, Getty, Volkswagen Group Locations: Hong Kong, New York, lockup, Hanoi, AFP, North Carolina, Asia, United States

☆ Why a European stock index is crushing its US peers
▼ + stars: | 2023-04-14 | by ( Julia Horowitz | ) edition.cnn.com time to read: +5 min

By comparison, the Dow Jones Industrial Average in the United States has climbed 2%. Those “growth” stocks gave investors a stake in firms that were on track to expand their businesses quickly and generate hefty returns. Now, investors are more drawn to “value” stocks: companies thought to be trading at a discount based on their financial performance. That’s been a “near-perfect combination” for European stocks to beat their US peers, he added. Economists at the Fed predict the United States will fall into a “mild” recession as a result of the recent banking crisis.

☆ FTSE100 stocks have been shunned for years. Now investors love them
▼ + stars: | 2023-02-17 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

Both US indexes have recovered slightly following last year’s big falls, but one of the biggest drags on their performance — high interest rates — is likely to stick around. That’s because, when interest rates are low, the yields on government bonds are also low. That boosts investors’ appetite for riskier investments, such as the stocks of small or highly indebted tech companies that could make blockbuster returns years down the line. BP (BP) and Shell (SHLX), both FTSE companies, more than doubled their annual profits last year to a combined $68 billion. But the lack of tech companies may come back to haunt the FTSE, once inflation and interest rates fall back.

☆ Europe grew faster than the US last year. Its markets are outperforming too
▼ + stars: | 2023-02-01 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

The overall rise is a reversal of a 15-year trend that has seen US stock indices, flush with fast-growing tech companies, consistently beat those across the Atlantic. Over the past decade, investors poured money into fast-growing tech stocks, aided by ultra-low interest rates. (SXXL)But tech companies have taken a beating recently. Tech companies, including Microsoft and Alphabet, announced thousands of layoffs last month. High interest rates make it more expensive for companies to borrow to expand their business, raising doubts about their future earnings.

☆ How HSBC’s wealth chief suggests you protect your portfolio from inflation
▼ + stars: | 2022-09-20 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN Business —People around the world are searching for ways to shield themselves from the impact of stubbornly high inflation, and the rich are no exception. Annual inflation in the European Union stands at 9.1%, while the United States’ rate remains at 8.3%. Inflation in the United Kingdom recently hit a 40-year high before abating slightly to 9.9% last month. Matos told CNN Business how Europe’s biggest bank was advising its customers, which include both high-net-worth and retail investors, to play defense. Even as many people sell assets, “you want to keep invested,” said Matos, noting the adverse effects of retaining cash during a high inflation period.

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