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☆ CIO: our prefer getting China exposure through domestic consumer stocks
▼ + stars: | 2024-10-15 | 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 EmailCIO: our prefer getting China exposure through domestic consumer stocksNick Ferres of Vantage Point Asset Management discusses the Chinese government's recent meetings and announcements of measures to boost the economy. He prefers consumption and platform stocks compared to real estate.

Persons: Nick Ferres Organizations: Management Locations: China

☆ Trump victory trades to swell after shooting, investors say
▼ + stars: | 2024-07-14 | by ( ) www.cnbc.com time to read: +4 min

Saturday's shooting at U.S. former President Donald Trump's election rally raises his odds of winning back the White House, and trades betting on his victory will increase this coming week, investors said on Sunday. Trump was shot in the ear during the rally in Pennsylvania on Saturday in what the authorities were treating as an assassination attempt. The first shooting of a U.S. president or major party candidate since a 1981 assassination attempt on Republican President Ronald Reagan could upend the Nov. 5 rematch between Republican Trump and President Joe Biden, a Democrat, which has been tight in opinion polls. World leaders and U.S. politicians condemned the shooting, while some industry executives, including Tesla chief Elon Musk, declared their support for Trump. Investors also expect an extension of corporate and personal tax cuts expiring next year, fuelling concerns about rising budget deficits under Trump.

Persons: BUTLER, Donald Trump, Donald Trump's, Trump, Rong Ren Goh, Ronald Reagan, Joe Biden, Reagan, Nick Ferres, Elon Musk, Biden, Jerome Powell, Goldman Sachs, Bill Ackman, Musk Organizations: Republican, Secret, U.S, Treasury, Eastspring Investments, Republican Trump, Democrat, Asset Management, Tesla, Trump, Reuters, Investors, Federal, Biden, Dow Jones, Democratic, Goldman Locations: PENNSYLVANIA, Butler , Pennsylvania, Pennsylvania, Singapore

Blocking users is a function often employed on social media to stifle critics. The justices, hearing about three hours of arguments, focused on spelling out the circumstances for deciding whether public officials were acting in their personal capacity when blocking critics or engaged in a "state action." Conservative Justice Samuel Alito cited a hypothetical town manager who puts a municipal seal on his own social media page and tells citizens to express their views. Under this test, Mooppan argued, the social media activity of his clients was not governmental. Some justices asked whether requiring public officials to include disclaimers on their personal pages making clear their social media activity is not governmental would help disentangle their private and public capacities.

Persons: Samuel Alito, Alito, Hashim Mooppan, Mooppan, Elena Kagan, Donald Trump, " Kagan, Evelyn Hockstein, Trump, Joe Biden's, Michelle O'Connor, Ratcliff, T.J, Zane, Christopher, Kimberly Garnier, Kevin Lindke, James Freed, Freed, Ketanji Brown Jackson, Brett Kavanaugh, Victoria Ferres, Ferres, John Kruzel, Andrew Chung, Will Dunham Organizations: WASHINGTON, U.S, Supreme, Twitter, Facebook, Conservative, Liberal, REUTERS, Poway Unified School District, Circuit, Appeals, City, Thomson Locations: California, Michigan, Poway , California, Port Huron, Washington , U.S, San Francisco, Cincinnati, New York

A German company is building a constellation of satellites to detect fires from space. “They’re trained very specifically to detect smoke or not, and we train them with images of smoke and images of not smoke,” CEO Sonia Kastner said. The cameras help detect fires quicker and get teams on the ground faster, shaving up to two hours off response times. German startup OroraTech analyzes satellite images with artificial intelligence. "There are algorithms on the satellite, very efficient ones to detect fires even faster," CEO Thomas Gruebler said.

Persons: Phillip SeLegue, SeLegue, It's, “ They’re, Sonia Kastner, ” Kastner, ”, Larry Bekkedahl, Bekkedahl, “, ” Bekkedahl, Juan Lavista Ferres, Ferres, “ It’s, OroraTech, Thomas Gruebler, Gruebler, Barbara Ortutay Organizations: Firefighters, Microsoft, California Department of Forestry, Portland General Electric, PGE, AP Technology Locations: Maui, San Diego, Francisco, Oregon, Canada, Munich, Chile, Alberta, San Francisco

☆ Nearing retirement? Here's how to allocate your portfolio right now, according to the pros
▼ + stars: | 2022-10-17 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

It's a tricky time for those nearing retirement: markets are persistently volatile and inflation is eating away at cash. Despite the uncertainty, asset managers and analysts says it's important to remain invested if you're nearing retirement or are already retired. However, the recent surge in bond yields presents an opportunity for retirement investors, said Willis. Choose stocks wisely Wells Fargo Investment Institute's Willis agreed that instead of completely abandoning stocks, the key for those nearing retirement might be a tweak in strategy. "Tactically there could be a counter trend rally in global equities under way from the September low right now in October."

☆ We like Taiwan and Korean tech stocks, says asset management firm
▼ + stars: | 2022-10-13 | 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 EmailWe like Taiwan and Korean tech stocks, says asset management firmNicholas Ferres of Vantage Point Asset Management says it likes tech stocks in Asia, especially in Taiwan and Korea as the "discount there is very very interesting."

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