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☆ A spin-off of Honeywell's aerospace unit would be an overdue jolt for the stock
▼ + stars: | 2024-12-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Honeywell has responded to activist hedge fund Elliott Investment Management's calls to break up the industrial conglomerate. In particular, the aerospace division is Honeywell's crown jewel, so it's a solid move on management's part to address that segment sooner than later. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Investment Management's, Jim Cramer, Vimal Kapur, Elliott, —, Jim, Jim Cramer's, Igor Golovniov Organizations: Honeywell, Investment, Wall Street, GE Aerospace, CNBC, Lightrocket, Getty

☆ Google CEO Sundar Pichai says he’d love to do side-by-side comparison with Microsoft’s AI models
▼ + stars: | 2024-12-04 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. Alphabet CEO Sundar Pichai is challenging Microsoft CEO Satya Nadella to an AI duel. "You guys were the originals when it comes to AI," Sorkin told Pichai after reading Nadella's comments. "They're using someone else's models," added Pichai after saying he'd love to do the side-by-side comparison. While Microsoft does have its own AI models, much of the advanced capabilities in its recent offerings are powered by OpenAI's LLMs.

Persons: Sundar Pichai, Emily Chang, Satya Nadella, Pichai, Andrew Ross Sorkin, Pichai's, Sorkin, Nadella, Google's, OpenAI's LLMs, OpenAI Organizations: APEC, Summit, Moscone West, Microsoft, The New York Times, Google, Norges Bank Investment, Bing, DOJ, Chrome Locations: San Francisco , California, San Francisco, Europe

☆ Watch CNBC's full interview with John Hancock Investment Management's Matt Miskin
▼ + stars: | 2024-12-03 | 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 John Hancock Investment Management's Matt MiskinMatt Miskin, John Hancock Investment Management co-chief investment strategist, joins CNBC's 'The Exchange' to discuss the economic landscape going into year-end, why the Midwest is one of the "biggest earnings engines" in the market, and more.

Persons: John Hancock, Matt Miskin Matt Miskin, John Organizations: John, John Hancock Investment, John Hancock Investment Management

☆ Watch CNBC's full interview with Raymond James Investment Management's Matt Orton
▼ + stars: | 2024-11-26 | 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 Raymond James Investment Management's Matt OrtonMatt Orton, Raymond James Investment Management chief market strategist, joins CNBC's 'The Exchange' joins CNBC's 'The Exchange' to discuss market outlooks.

Persons: Raymond James Investment, Matt Orton Matt Orton, Raymond James Organizations: Raymond James Investment Management

☆ Manulife Investment Management's top plays in India
▼ + stars: | 2024-11-20 | 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 EmailManulife Investment Management's top plays in IndiaManulife Investment Management's Rana Gupta likes large private sector banks as they remain profitable, and quick commerce companies that managed to defy a poor consumer season. He does see a risk of foreign promoters selling IPOs in India and cashing out, causing capital outflows.

Persons: Investment Management's Rana Gupta Organizations: Investment Locations: India, outflows

☆ Stock futures open little changed ahead of major earnings reports: Live updates
▼ + stars: | 2024-11-18 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Stock futures are little changed Monday night as investors await key earnings from retailers and chipmaker Nvidia this week. S&P futures shed about 0.05%, while Nasdaq 100 futures traded marginally lower. About 93% of S&P 500 companies have reported quarterly results so far, with three-quarters exceeding expectations and more than 60% beating revenue estimates, according to FactSet. The tech-heavy Nasdaq Composite gained 0.6%, snapping a four-day losing streak, while the S&P 500 added about 0.4%.

Persons: Stocks, Andrew Slimmon, Morgan Stanley Organizations: New York Stock Exchange, Stock, Nvidia, Dow Jones Industrial, Nasdaq, Trump Media & Technology Group, Walmart, Blackwell, Dow Jones, Morgan Stanley Investment Locations: New York City

☆ Watch CNBC's full interview with Niles Investment Management's Dan Niles
▼ + stars: | 2024-10-07 | 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 Niles Investment Management's Dan NilesDan Niles, Niles Investment Management founder, joins 'Closing Bell Overtime' to talk market volatility, Chinese stocks, the energy sector and more.

Persons: Dan Niles Dan Niles Organizations: Niles Investment, Niles Investment Management

☆ Watch CNBC's full interview with Morgan Stanley Investment Management's Aaron Dunn
▼ + stars: | 2024-08-12 | 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 Morgan Stanley Investment Management's Aaron DunnAaron Dunn, Morgan Stanley Investment Management senior equity portfolio manager, joins 'The Exchange' to discuss how to position for value volatile markets, consumer staples, top stocks to own in the value trade, and more.

Persons: Morgan Stanley, Morgan Stanley Investment Management's Aaron Dunn Aaron Dunn, Morgan Organizations: Morgan, Morgan Stanley Investment, Morgan Stanley Investment Management

☆ Morgan Stanley's Slimmon names tech stocks to buy at a 'reasonable price'
▼ + stars: | 2024-05-22 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Morgan Stanley Investment Management's Andrew Slimmon has been consistently bullish on stocks — even during periods of volatility. Given the "sky high" inflation numbers in 2022 and 2023, Slimmon said, it's "only natural" that inflation would be on a downward trajectory as the year-on-year comparisons were "relatively easy." Last week, the April consumer price index report in the U.S. showed that inflation eased slightly for the month. "The problem is, as we get into May number, June numbers, July numbers of last year, those CPI numbers really came down quite a bit," Slimmon told CNBC's " Street Signs Asia. " "When you think about Netflix, Amazon, you're talking about two [companies] that give a lot of value to their customers for a relatively reasonable price," Slimmon said.

Persons: Morgan Stanley, Andrew Slimmon, it's, Slimmon, CNBC's, —, Jeff Cox Organizations: Morgan Stanley Investment, CNBC, U.S . Federal Reserve, Treasury, Federal Reserve, Netflix, United Rentals, Waste Management Locations: U.S

☆ Bankruptcies are spiking as companies lose hope of rate cuts
▼ + stars: | 2024-05-08 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

April saw the highest number of corporate bankruptcies in a year, S&P Global said. Eroding bets of an interest rate cut contribute to this, as burdened business throw in the towel. AdvertisementCorporate bankruptcies increased in recent months amid teetering confidence in a quick interest rate pivot. AdvertisementBy one measure, rising costs did slow when a rate cut looked likely in early 2024. But last month's stubborn inflation and slowing GDP made a Fed cut look unlikely, and yields shot up to 8.11%.

Persons: —, April's, Frances Donald Organizations: P Global, Service, Federal, ICE, Fed, Investment

☆ Don't rate Tesla's Full Self Driving too highly, tech investor says: 'By no means autonomous driving'
▼ + stars: | 2024-05-03 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

News of electric car giant Tesla's progress toward rolling out its advanced driver-assistance feature in China isn't as groundbreaking as investors are treating it, according to a top tech investor. Mark Hawtin, GAM Investment Management's investment director focused on investing in disruptive growth and technology stocks, told CNBC' "Squawk Box Europe" Thursday that such expectations were misleading — not least because Tesla's Full Self Driving service doesn't offer full autonomous driving. "We should say what they're doing — everyone's talking about this full self-driving capability," Hawtin told CNBC. On Monday, shares of Tesla rose sharply, notching their best day since March 2021, after it passed a significant milestone toward the launch of FSD in China. This raised expectations that Tesla's FSD would soon be available in China.

Persons: Mark Hawtin, Hawtin, Tesla, Elon Musk Organizations: Investment, CNBC Locations: China, U.S, China . Local, FSD

☆ The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
▼ + stars: | 2024-05-01 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

The only reason the Federal Reserve might be tempted to cut rates would be to help the U.S. cover interest payments for the national debt, according to fund manager Freddie Lait. The Fed is widely expected to keep its benchmark overnight borrowing rate in a range between 5.25%-5.5%. Traders are currently only pricing in about a 50% chance of a Fed rate cut taking place as early as September and expect just one quarter-percentage-point reduction by the end of the year, according to the CME FedWatch Tool. The reason they might cut is because the U.S. government can't afford [them not doing] it — and that's a much scarier reason to have to cut," he added. A spokesperson for the Federal Reserve declined to comment.

Persons: Freddie Lait, Lait Organizations: Federal Reserve, Federal, U.S, Traders Locations: U.S

☆ Fed rates aren't the only reason for weak currencies in emerging markets: Morgan Stanley
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed rates aren't the only reason for weak currencies in emerging markets: Morgan StanleyJitania Kandhari, Morgan Stanley Investment Management's deputy CIO for solutions and multi-asset group, discusses the other factors behind it.

Persons: Morgan Stanley Jitania Kandhari, Morgan Stanley Organizations: Morgan Stanley Investment

☆ The geopolitical drawdown is creating global investing opportunity, says Morgan Stanley's Kandhari
▼ + stars: | 2024-04-19 | 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 EmailThe geopolitical drawdown is creating global investing opportunity, says Morgan Stanley's KandhariJitania Kandhari, Morgan Stanley Investment Management's deputy CIO for solutions and multi-asset group, joins 'Power Lunch' to discuss opportunities in emerging markets as India heads into a big election.

Persons: Morgan Stanley's, Kandhari, Morgan Stanley Organizations: Morgan Stanley Investment Locations: India

☆ 'Reality is sinking in': Why this selloff is the start of a correction — and 3 moves to protect against losses, according to a market-calling CIO at $1.5 trillion Morgan Stanley Investment Management
▼ + stars: | 2024-04-17 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewUS stocks may have already peaked, warns a Morgan Stanley investment chief with a penchant for making successful market predictions. Jim Caron, who oversees Morgan Stanley Investment Management's portfolio solutions group, may want to consider buying a lottery ticket. And considering how much could go wrong in markets, stocks may take a while before rebounding to record highs. Quality stocks in those less-loved sectors should stand out once markets bottom, he said. "The best cure for high yields is high yields because as yields go higher, it becomes like a high-quality hedge to a downturn in the market," Caron said.

Persons: —, Morgan Stanley, Jim Caron, Caron, shouldn't, Morgan Stanley's, We're, they'll, We've Organizations: Service, Morgan Stanley Investment, Business, Federal Reserve

☆ Jack Ma is praising Alibaba. Wall Street is more cautious
▼ + stars: | 2024-04-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Alibaba shares got a boost last week from news founder Jack Ma is pleased with the company's turnaround so far. They cut their price target to $100 a share, down from $105 previously, while maintaining an overweight rating. Eddie Wu became CEO of Alibaba in September, and is also acting head of the cloud business. They cut their price target by $1 to $105 a share and maintained their buy rating. They have a price target of $85, and, in contrast to the many buy ratings, rate the stock equal weight.

Persons: Jack Ma, Joe Tsai, Ma, Alex Yao, Tsai, Nicolai Tangen, We've, Eddie Wu, Trudy Dai, Daniel Zhang, Kenneth Fong, Douyin, Nomura, Doubao, Ernie, Qianwen, monetization, Morgan Stanley, Gary Yu, — CNBC's Michael Bloom, Arjun Kharpal Organizations: CNBC, Wall Street, JPMorgan, Norges Bank Investment, Alibaba, Commerce, UBS, PDD Holdings, Norges Bank Investment Management Locations: China, U.S, Taobao, BABA

☆ 'Biggest mistake' bond investors may make ahead of Fed rate cuts
▼ + stars: | 2024-04-04 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

"Your biggest mistake could be rushing back into equities before you're considering all these opportunities in fixed income," BondBloxx co-founder and COO Joanna Gallegos told CNBC's "ETF Edge" this week. To manage interest rate volatility effectively, Gallegos suggests investors look to exchange-traded funds focused on intermediate term bonds. Morgan Stanley Investment Management's Tony Rochte recommends a similar medium-term strategy with vehicles like the Eaton Vance Total Return Bond ETF (EVTR) under his firm's management. Rochte also pointed to municipal bond funds, like the Eaton Vance Short Duration Municipal Income ETF (EVSM), for income-generating opportunities. "We also converted a municipal bond mutual fund last Monday here at the NYSE to an ETF, symbol EVSM, and that's a municipal.

Persons: BondBloxx, Joanna Gallegos, CNBC's, Gallegos, Morgan Stanley, Tony Rochte, Eaton Vance, Rochte Organizations: Treasury, Morgan Stanley Investment, Eaton, Bond, NYSE

☆ AI is power-intensive. Top Morgan Stanley portfolio manager says that's an opportunity for one stock
▼ + stars: | 2024-04-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

AI is very power-intensive — and its power needs are only set to rise in the coming years. Morgan Stanley Investment Management's Aaron Dunn says the "next big bottleneck" for the hyperscalers — which are doing a lot of the cloud computing for AI applications — is either power or fiber. And that's why Dunn is "pretty bullish" on utilities, naming one stock to play it: CMS Energy . "And so these utilities … have a very favorable opportunity to draw solid earnings growth and good returns for them," Dunn concluded. Their power consumption is set to grow at a compound annual growth rate of 11% through 2030, the bank said.

Persons: Morgan Stanley, Morgan Stanley Investment Management's Aaron Dunn, CNBC's, Dunn, Eaton Vance, BofA, — CNBC's Pia Singh Organizations: Morgan, Morgan Stanley Investment, Morgan Stanley U.S . Value, CMS Energy, CNBC, Emerson, Nvidia Locations: United States

☆ These stocks could rally in 'second phase' of bull market, Morgan Stanley Investment Management says
▼ + stars: | 2024-03-30 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

There's a rotation happening in the market that investors can take advantage of by investing in cyclical stocks, according to Morgan Stanley Investment Management's Andrew Slimmon. He recommended investors to have a more cyclical bias to their portfolio, pointing out that the best-performing sectors in the last month are energy, materials and industrials. He also thinks there's still room to run in semiconductor stocks — even if the overbought group sees a near-term pullback. " Slimmon named Applied Materials , Ameriprise Financial and Valero Energy as some of the stocks he likes right now. Regarding energy, Slimmon said the space could continue to show strength if the economy begins to weaken.

Persons: Morgan Stanley, Andrew Slimmon, Stocks, Slimmon, there's, Slimmon's, that's Organizations: Morgan, Morgan Stanley Investment, Dow Jones Industrial, Nasdaq, Ameriprise Financial, Valero Energy, Infrastructure Investment, Jobs, United Rentals, Applied Materials, Ameriprise, U.S Locations: U.S, financials, That's

☆ Satya Nadella says Google should've been the 'default winner' of the AI race
▼ + stars: | 2024-03-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Satya Nadella said Google should've been the "default winner" of the Big Tech AI race. He said Google can "bring some competition" to Microsoft in the AI race. Microsoft — not Google — is the AI frontrunner, tech analyst Dan Ives said last year. AdvertisementSatya Nadella said Google "should have been the default winner" of Big Tech's AI race. The Microsoft CEO said the resources available to Google should've made it a frontrunner.

Persons: Satya Nadella, Google should've, Dan Ives, —, Nadella Organizations: Google, Big Tech, Microsoft, Service, Norges Bank Investment, Business

☆ CNBC Daily Open: Worries over rate cuts persist
▼ + stars: | 2024-02-22 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nikkei hits record highJapan's Nikkei hit a record high Thursday, while other markets in the region also advanced. AI and chip stocks rallyArtificial intelligence and semiconductor chip stocks rallied after Nvidia's quarterly earnings topped estimates.

Persons: Morgan Stanley, Jim Caron Organizations: New York Stock Exchange, CNBC, Nikkei, Wall, Dow, Nasdaq, Nvidia, Taiwan Semiconductor Manufacturing, Federal, International Air Transport Association, Morgan Stanley Investment Locations: New York City, . Federal, China, Asia

☆ CNBC Daily Open: Wariness over rate cuts lingers
▼ + stars: | 2024-02-22 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks mixed bagWall Street ended Wednesday mixed as investors digested the U.S. Federal Reserve's minutes from the January meeting. Fed's cautionMinutes from the Federal Reserve's last meeting showed central bank officials expressed caution about lowering interest rates too quickly.

Persons: Jerome Powell, Takeshi Ebisawa, Morgan Stanley, Jim Caron Organizations: New York Stock Exchange, CNBC, Dow Jones, Nasdaq, Nvidia, Federal, U.S . Drug, Administration, Morgan Stanley Investment Locations: New York City, . Federal, New York, Japanese, Thailand

☆ Where do Treasury yields go from here? Morgan Stanley's Jim Caron weighs in
▼ + stars: | 2024-02-22 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Treasury yields shot up last year, and investors flocked to allocating to cash which have yielded around 5% or even more. Morgan Stanley Investment Management's Jim Caron believes the 10-year Treasury yield is very likely to hover between 5% and 5.5%. Caron, who is chief investment officer at its Portfolio Solutions Group, explained that historically, 10-year Treasury yields are "usually a good match" for nominal gross domestic product. How rising yields affect stocks But are rising yields bad for stocks, as commonly thought? "If yields are rising because the economy is running hot, and data and labor markets are stronger, the rising yields need not negatively affect stocks."

Persons: Morgan Stanley, Jim Caron, Caron, CNBC's Organizations: Treasury, U.S . Federal, Morgan, Morgan Stanley Investment, Solutions Locations: U.S

☆ BlackRock loses top infrastructure investor to Manulife amid executive shakeup
▼ + stars: | 2024-02-06 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +5 min

Valentine Andrews, 52, will report to Lorentz and lead the firm's "next era of private markets growth," he wrote. She will remain in New York City, where Manulife's private equity and private credit teams are based. Valentine Andrews joined BlackRock in 2014 from Morgan Stanley, where she spent seven years and helped establish the firm's infrastructure-investing platform. She previously worked at Macquarie Bank, the firm known for its infrastructure investments, in Melbourne and New York. "I like to think about living life in chapters," Valentine Andrews wrote in a post on LinkedIn last month.

Persons: CQS, Anne Valentine Andrews, Paul Lorentz, Valentine Andrews, Lorentz, Angelo Gordon, Nuveen, BlackRock, Edwin Conway, Salim Ramji, Vipon, Brian Kernohan, Marc Feliciano, Morgan Stanley Organizations: Manulife Investment Management, Business, BlackRock, Manulife, Investment, Global Infrastructure Partners, TPG, Macquarie Bank, LinkedIn Locations: Toronto, Massachusetts, Manulife, New York City, Melbourne, New York

☆ World's largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks
▼ + stars: | 2024-01-30 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Norway's giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. "Despite high inflation and geopolitical turmoil, the equity market in 2023 was very strong, compared to a weak year in 2022," Nicolai Tangen, chief executive of Norges Bank Investment Management, said in a statement. Norway's sovereign wealth fund, the world's largest, was established in the 1990s to invest the surplus revenues of the country's oil and gas sector. Last year, Norges Bank Investment Management said its return on equity investments was 21.3%, its return on fixed income investments came in at 6.1%, while investments in unlisted real estate returned -12.4%. The fund said a negative year for its unlisted real estate investments was due to rising interest rates and subdued demand.

Persons: Nicolai Tangen, Norges Bank Investment Management's Tangen Organizations: Fund, Norges Bank Investment Management, Technology, Norges Bank Investment Locations: America, China

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