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☆ These stocks, including Nvidia, are among Bank of America’s top stocks to buy in 2025
▼ + stars: | 2024-12-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bank of America said a slew of stocks, including Nvidia , have plenty of upside in 2025. In addition to the chip juggernaut, the names include Block , Cadence Design Systems , Chevron and East West Bancorp . Block Wall Street is gushing over the payment fintech company, including Bank of America analyst Jason Kupferberg and team. East West Bancorp Top pick East West Bancorp is teed up for strength in the new year, according to analyst Ebrahim Poonawala. Cadence Design Systems Analyst Vivek Arya said the electronic systems design manufacturer is firing on all cylinders.

Persons: Jason Kupferberg, Kupferberg, Ebrahim Poonawala, Poonawala, Vivek Arya, Arya, CDNS, Hess, NVDA Blackwell Organizations: of America, Nvidia, Design Systems, East West Bancorp, Bank of America, White, Cadence Design, Cadence, Chevron, West Bancorp Locations: Chevron, bitcoin, Gulf of Mexico, Venezuela

☆ Jefferies adds new members to its top picks for 2025
▼ + stars: | 2024-12-20 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Jefferies has outsized conviction that five new stocks in its "Franchise Picks" list could outperform in the new year, including industrial plays Caterpillar and Flowserve . In a Friday note, the investment firm released its updated "Franchise Picks" list, which represents its top ideas heading into 2025. "Jefferies' Franchise Picks are amongst our highest-conviction, Buy-rated stocks across US Research," the firm said. "We believe FLS is well-positioned to drive mid-teens earnings growth through '27, supported by favorable end markets and margin expansion," the analyst wrote. Other new names in Jefferies' list of picks include aerospace stock TransDigm Group and health-care real estate investment trust Ventas .

Persons: Jefferies, Stephen Volkmann's, Levered, Volkmann, Saree, Flowserve, Surinder, Thind, Ventas Organizations: Caterpillar, Dow Jones Industrial, US Research, Jefferies, Machinery, Flowserve, Systems, TransDigm, Microsoft Locations: Thursday's

☆ Goldman says buy this LGBTQ dating stock with more than 25% upside
▼ + stars: | 2024-12-16 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Shares of Grindr may be due for some sizable gains over the next 12 months, according to Goldman Sachs. Analyst Eric Sheridan initiated coverage of the LGBTQ social network and dating app with a buy rating, setting his price target at $20. The analyst said the company's total addressable market is "large and growing," which could support a long growth runway from here as a result. Sheridan is among the three total analysts on the Street covering Grindr, all of whom have a buy rating, per LSEG data. GRND YTD mountain GRND, year-to-date The stock has outperformed the broader market this year, seeing year-to-date gains of more than 79%.

Persons: Goldman Sachs, Eric Sheridan, Sheridan Organizations: headcount Locations: Grindr

☆ Bull market hits an early December soft patch
▼ + stars: | 2024-12-14 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

We've been through the arguments about whether narrow leadership against weak underlying breadth is a good thing, a dangerous thing, or just a thing. This vocal minority might well be wondering how much fruit is left to pick after two straight years of 20%-plus S & P 500 gains. We have an S & P 500 pushing 23-times forward earnings, topped by a $3.75-trillion company called Apple that's now trading above 33-times projected profits. Apple owns December Note that a December push higher for Apple shares is pretty standard stuff when the market is in an uptrend. Apple in general tends to go on a run as a rally matures, rather than lead the market off a correction.

Persons: We've, I've, Microstrategy, helpfully, would've, Trump's, Scott Chronert, We're, Trump, Brian Belski, Ben Carlson Organizations: Nasdaq, Trump, NYSE, Citi, Fed, CPI, BMO Chief, Ritholtz Wealth, Apple

☆ What propelled the Nasdaq above 20,000 — plus, a few weak spots in the stock market
▼ + stars: | 2024-12-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Market moves: Tech stock strength on Wednesday pushed the Nasdaq up nearly 2% and above 20,000 for the first time ever. Both of the Club stocks made a strong move higher Wednesday, with Krispy Kreme revealing that it was hacked bringing further attention to the cybersecurity stocks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Dow, Tesla, Thursday's, Eli Lilly, Wells, Charlie Scharf, Goldman Sachs, Scharf, Jim Cramer's, Donald Trump, haven't, Krispy, we'll, Jim Organizations: CNBC, Wednesday, Nasdaq, Dow, Apple, Broadcom, Myers Squibb, Utilities, Federal Reserve, Fed, Bank, Financial Services Conference, Palo Alto Networks, Club, Adobe, Jim Cramer's Charitable Locations: Bristol, U.S, Wells Fargo, Palo

☆ This BlackRock fund manager's top bond plays can yield around 7%
▼ + stars: | 2024-12-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Along with David Delbos, Garfin manages the $26 billion BlackRock High Yield Fund (BHYIX) , which has earned four stars and a gold rating from Morningstar. The iShares High Yield Active ETF (BRHY) has a 30-day U.S. Securities and Exchange Commission yield of 6.54% and a 0.45% expense ratio. BRHY mountain 2024-06-17 iShares High Yield Active ETF's performance since its June 17, 2024 launch. The fund invests across the high-yield market, which is considered riskier than investment-grade corporates. Within CCC-rated bonds, Garfin sticks with the higher-quality part of the segment and stays away from those that are stressed or distressed.

Persons: Mitchell Garfin, David Delbos, Garfin, BRHYX, Bonds, Fitch Organizations: BlackRock, Yield, Morningstar, Garfin, . Securities, Exchange Commission, Poor's, CCC, Software, Hub, Alliant Holdings, Cloud Software Group Locations: BHYIX

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Eli Lilly, Cheesecake Factory, Walmart, Costco, Broadcom & more
▼ + stars: | 2024-12-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Jefferies upgrades Diageo to buy from hold Jefferies says it sees "renewed focus on growth" for the beverage company. Goldman Sachs initiates Cheesecake Factory and Brinker as buy Goldman said in its initiation of Cheesecake that it has "unit growth potential." Morgan Stanley upgrades Hewlett Packard Enterprise to overweight from equal weight Morgan Stanley says it's bullish on the company's acquistion of Juniper. Morgan Stanley downgrades Applied Materials to underweight from equal weight Morgan Stanley says it sees a "weaker operating environment" for the semis company. Morgan Stanley initiates Brown & Brown as overweight Morgan Stanley says the insurance risk management company has a competitive advantage.

Persons: Piper Sandler, Piper, Jefferies, Goldman Sachs, Brinker, Goldman, it's bullish, Bernstein, Oppenheimer, it's, Wolfe downgrades Ford, Wolfe, Morgan Stanley, Brown, Tesla, gigafactory, Robin Hood, Vlad Tenev, Eli Lilly, Orforglipron Organizations: Nvidia, AMD, Intel, Jefferies, Diageo, Disney, Broadcom, Detroit, Ford, Citi, Netflix, Hewlett Packard Enterprise, JPMorgan, ConocoPhillips, Barclays, Gates, Bank of America, Walmart, Costco, Optimus, Deutsche Bank, Deutsche Locations: F4Q, Juniper, OW, Austin , TX

☆ Bitcoin's march to $100,000 stalls. Here's what's keeping it below the milestone
▼ + stars: | 2024-11-25 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Bitcoin hit a new record high last week, with prices climbing above $99,000 for the first time. CNBC asked analysts for their take on why bitcoin has so far failed to breach the widely-watched $100,000 mark. "There's a ton of leverage in the system right now," Novogratz, a longtime crypto investor, told CNBC's "Squawk Box" on Friday. Novogratz added that he's advocating investors buy "straight bitcoin" rather than bitcoin-exposed plays, such as MicroStrategy which owns a huge, multi-billion-dollar pile of bitcoin in its corporate treasury reserves. Deutsche Bank's Laboure said she thinks the idea of a U.S. national bitcoin is still far off, practically speaking.

Persons: Fernando Gutierrez, Donald Trump, Trump's, hasn't, bitcoin, Andre Dragosch, Bitwise, Bitcoin, Dragosch, Novogratz, CNBC's, David Morrison, Morrison, Marion Laboure, Trump, Gary Gensler —, Deutsche Bank's Laboure, Laboure Organizations: Getty, CNBC, Galaxy Digital, Trade, Deutsche Bank, bitcoin, Trump, Securities, Exchange, Deutsche Locations: Juarez, Europe, U.S

☆ Here's why our lone energy stock is falling despite a surge in natural gas prices
▼ + stars: | 2024-11-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Donald Trump's, Scott Bessent, Bessent, it's, Stanley Black, Decker, Stanley, Trump's, We're, Trump, we're, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, Stanley, EBW, Reuters, Biden, LNG, Coterra Energy, Abercrombie, Fitch, Burlington Stores, Dick's Sporting Goods, Jim Cramer's Charitable Locations: China, Israel, Kohl's

☆ Welcome to the mullet market: Steady benchmarks in the front, crypto party in the back
▼ + stars: | 2024-11-23 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

This market is starting to summon the lighthearted take on a mullet haircut: business in the front, party in the back. BTC.CM= YTD mountain Bitcoin, YTD Every bullish argument for bitcoin comes down to "More people will soon have more ways to buy more of it." I've tracked the interplay between bitcoin and Nvidia shares for a while. The market's immediate response was simply to allow Nvidia to hold onto the $2.3 trillion in market value it's added this year, but not to pile on more. Meaning the current pace of new money entering these funds is not as heavy relative to total market value as it was nearly four years ago.

Persons: Trump, bitcoin, I've, John Roque, Warren Pies Organizations: Nasdaq, Nvidia, Nvidia ramped, Vanda Research, Trump, 22V Research, Bloomberg, Federal Reserve, 3Fourteen Research Locations: lockstep, bitcoin

☆ The case for altcoins and memes as bitcoin, now approaching $100,000, faces a potential correction
▼ + stars: | 2024-11-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

There are thousands of altcoins on the crypto market that are smaller, cheaper, younger and less sophisticated than the blue-chip bitcoin. "It has not been alone … crypto coins across the board have exploded higher in recent weeks. The riskiest business At the furthest end of the risk spectrum are meme coins like dogecoin , whose trading ballooned after the election . "I'd urge long-term investors to not place too much emphasis on meme coin activity — easy come, easy go," said Ryan Rasmussen, an analyst at Bitwise Asset Management. "While meme stocks such as Gamestop and AMC are a small part of the equity market, meme coins are a larger part of the crypto market and represent an outsized share of volume."

Persons: Gary Gensler, They've, bitcoin, Wolfe, Rob Ginsberg, it's, Mike Novogratz, Wolfe's Ginsberg, Donald, they've, Ryan Rasmussen, Zach Pandl, John Todaro, Robinhood, — CNBC's Michael Bloom Organizations: Securities and Exchange Commission, Trump, Galaxy Digital, Solana, Bitwise Asset Management, lotto, Grasycale Investments, Gamestop, AMC, Robinhood Locations: overbought, bitcoin

☆ Novogratz warns that there will be a bitcoin correction, says crypto is 'levered to the gills'
▼ + stars: | 2024-11-21 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Bitcoin was trading at about $97,000 on Thursday morning, after setting a fresh record high of $98,367.00, according to Coin Metrics. The crypto community is levered to the gills, and so there will be a correction," Novogratz said. He did caution that the correction could be greater in stocks, like MicroStrategy , that are trading like leveraged versions of bitcoin. "I personally would tell my investors to buy straight bitcoin" instead of plays like Microstrategy, Novogratz said. The rally has continued despite a mystery seller that has been dumping crypto in recent days, Novogratz said.

Persons: Bitcoin, Michael Novogratz, Novogratz, bitcoin, Donald Trump, MicroStrategy, Trump Organizations: Galaxy Digital, Metrics, Acurx Pharmaceuticals

☆ Bank of America says S&P 500 is statistically expensive by almost every measure
▼ + stars: | 2024-11-18 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's hard to imagine much more upside for the current stock market, according to Bank of America. "The S & P 500 is statistically expensive on almost every metric," Savita Subramanian, the firm's equity and quant strategist, wrote Friday. .SPX YTD mountain S & P 500 "Overall, we see limited near-term upside to the cap-weighted S & P 500 and prefer the equal-weighted index, but our bear market signposts — the triggers that typically precede an S & P 500 peak — are not signaling elevated risks of an imminent bear market," she wrote. The strategist updated her S & P 500 year-end target to 6,000. The S & P 500 was last trading around 5,880.

Persons: Savita Subramanian, Subramanian, Donald Trump's, It's Organizations: Bank of America

☆ Wall Street sees a buying opportunity in these crypto mining stocks as bitcoin marches to new records
▼ + stars: | 2024-11-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Some bitcoin miners are giving investors an opportunity to get in on the cryptocurrency's big postelection rally. Pure play bitcoin miners have been lagging this year for a host of reasons. CLSK RIOT,MARA 5D mountain Bitcoin mining laggards have been outperforming in the the recent crypto rally Now, with bitcoin consistently reaching new records since Election Day — a trend that's expected to continue through next year — the mining laggards could be catching up, analysts say. Bitcoin mining stocks are among the best investment vehicles for investors to express their bullish outlook on bitcoin, he added, and have outperformed bitcoin itself in bull markets prior to 2024 by about 2.5x. We know, investors like miners for energy [and] AI optionality, but it's time to buy bitcoin miners for the Bitcoin trade."

Persons: MARA, Mike Colonnese, Wainwright, TeraWulf, Bernstein, Gautam Chhugani, Riot, CleanSpark, Iren, Trump, Biden, — CNBC's Michael Bloom Organizations: bitcoin, BTC, H.C, CNBC, Mara Holdings, Energy Locations: Marathon, U.S

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Meta, Snowflake, Walmart, Wells Fargo, Alphabet & more
▼ + stars: | 2024-11-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates NXP Semiconductor as buy The firm said it's bullish on the semiconductor company. Morgan Stanley reiterates Walmart as overweight Morgan Stanley raised its price target on the stock to $89 per share from $82 ahead of earnings next week. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with the stock heading into a Trump administration. Morgan Stanley upgrades International Flavors to overweight from equal weight Morgan Stanley said in its upgrade of International Flavors that the fragrance and spice company is undervalued. Morgan Stanley upgrades Viking to overweight from equal weight Morgan Stanley said it sees an attractive entry point for the cruise company.

Persons: it's bullish, NXPI, Mizuho, it's, Morgan Stanley, WMT, Tesla, VIK, Redburn, Ross, Robinson, Wells, Bristol Myers, MoffettNathanson, D.A, Davidson, Snowflake Organizations: Semiconductor, NXP Semiconductor, Nvidia, Mizuho, TAM, 4Q, Citi, Deutsche Bank, Deutsche, " Bank of America, & Co, Bank of America, Apple Locations: eCommerce, VIK, OW, Wells Fargo, Bristol

☆ Buy this exchange stock as postelection volatility boosts trading revenue, Deutsche Bank says
▼ + stars: | 2024-11-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Cboe Global Markets could benefit from the postelection volatility spike, according to Deutsche Bank. Analyst Brian Bedell upgraded the exchange stock to buy from hold and raised his price target to $222 from $211. Bedell said Cboe should maintain healthy revenue growth into at least 2025. Further product innovation and greater adoption of options usage, such as at Robinhood, should also contribute to greater organic revenue growth, Bedell added. Stronger revenue growth should eventually enable positive operating leverage, allowing the company to outperform existing expectations of operating margin stability.

Persons: Brian Bedell, Bedell, Cboe Organizations: Cboe, Deutsche Bank Locations: Robinhood

☆ Why your nest egg is Apollo's 'single biggest opportunity' for growth
▼ + stars: | 2024-11-05 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +4 min

Helping fund that growth has been growing demand for retirement products, said CEO Marc Rowan. Here's Rowan's case for why your nest egg is the next frontier for the alternative asset manager. Helping to fund those loans is Apollo's retirement business, which Apollo CEO and cofounder Marc Rowan sees as the investment firm's "single biggest opportunity" for future growth. A slide from Apollo's earnings presentation that highlights inflows into Apollo's lines of business. Advertisement"I do envision a day when we will be talking about 60-40 portfolios that are comprised of public and private," Rowan said.

Persons: Marc Rowan, Here's, —, There's, Rowan, Athene, Apollo Rowan, unravels ChatGPT, Trump, Rowan hasn't Organizations: Apollo Global Management, Service, Apollo Global, North Star

☆ Never mind the 60/40 portfolio. There may be a case for a 50/30/20 allocation
▼ + stars: | 2024-10-30 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The case for a 50/30/20 portfolio is growing as investors seek to diversify into alternatives as a hedge against a stock and bond market that are each flashing cautionary signals. "And so, let me allocate a little bit, because instead of a 60/40, perhaps it's a [50/30/20]," she said, clarifying 50% to stocks, 30% to bonds, and the remaining 20% to alternatives. The case for alternatives The case for alternatives is two-fold. Still, investors say that the the asset class can help hedge against real risks ahead of stocks and bonds. One ETF investing in private equity asset managers is the Invesco Global Listed Private Equity ETF (PSP) .

Persons: Ayako Yoshioka, you've, Goldman Sachs, David Kostin, Corporates, Yoshioka, Paul Tudor Jones, Mark Malek, it's, —, Jesse Pound Organizations: Investors, Bank of America, Treasury, U.S, State Street, Apollo Global Management, Blackstone, Ares Management, KKR, Co, Carlyle Group, Equity ETF Locations: U.S, Siebert

☆ Why we're downgrading our solar stock Nextracker, plus the chipmakers bounce back
▼ + stars: | 2024-10-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Semiconductor stocks are rebounding in reaction to a beat-and-raise earnings report from Taiwan Semiconductor . NEXTracke r: Shares of solar stock Nextracker are having another rough day, dropping roughly 3%. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023.

Persons: Jim Cramer, Donald Trump, Joe Biden, Trump, there's, we've, Jim Cramer's, Jim, Amber Wang Organizations: CNBC, Semiconductor, Taiwan Semiconductor, Nvidia, Apple, Taiwan Semi, ASML Holdings, Treasury, Atlanta, JPMorgan, Nextracker, Microsoft, Republican, Netflix, Procter, Gamble, American Express, Jim Cramer's Charitable, Taiwan Semiconductor Manufacturing Company, Center, Afp, Getty Locations: Taiwan, Hsinchu, AFP

☆ Here are Tuesday's biggest analyst calls: Nvidia, Amazon, Alphabet, McDonald's, Adobe, Tesla & more
▼ + stars: | 2024-10-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Mizuho upgrades Duke Energy to outperform from neutral Mizuho said investors should buy the dip in the energy company. Barclays upgrades Doximity to overweight from equal weight Barclays said it sees growth potential for the online networking services provider for medical professionals. TD Cowen upgrades SM Energy to buy from hold TD Cowen said the energy company has "multiple resource catalysts." Barclays initiates Bruker as overweight Barclays said it's bullish on the analytical biotech solutions company. " Goldman Sachs reiterates Adobe as buy The firm said it sees "growth tailwinds" after attending the company's Adobe MAX conference.

Persons: Stephens, it's, Wells, Tesla, Berenberg, it's bullish, Wedbush, Mizuho, Goldman Sachs, Goldman, BTIG, Morgan Stanley, McDonald's, TD, TD Cowen, Price, Crane Organizations: Valvoline Inc, YouTube, Cadence Design, Netflix, Nvidia, AMD, Citi, Consolidated Edison, Duke Energy, Mizuho, Barclays, Etsy, Global, RBC, BMW, Mercedes, Volkswagen, Energy, Holdings, TD Cowen, BMO, AIG, Adobe, MAX, Constellation Energy Locations: China, North America

☆ Here are Thursday's biggest analyst calls: Nvidia, Microsoft, Netflix, CVS, Honeywell, Nike, AIG, Sunnova & more
▼ + stars: | 2024-10-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +14 min

Barclays upgrades CVS to overweight from equal weight Barclays said the stock is a "new margin story." JPMorgan downgrades Honeywell to neutral from overweight JPMorgan said it's downgrading the stock after 15 years with an overweight rating. UBS upgrades Tronox to buy from neutral UBS said it's bullish on the chemical manufacturer. "We upgrade shares of EVGO from Neutral to Buy, following the $1.05bn DOE loan conditional commitment announced last week. "Our bullish view of AIG reflects its outsized EPS growth, lower exposure to risks facing commercial lines carriers (casualty reserves and higher cat loads), high capital flexibility, and attractive valuation."

Persons: Morgan Stanley, Goldman Sachs, Goldman, it's bullish, Jefferies, TD Cowen downgrades, Cowen, Bernstein, Brinker, Kevin Hochman, Truist, it's, BIRK, Cantor Fitzgerald, Mara, Cantor, MARA, Wolfe, Google's, Satya Nadella, Lucas Jackson Organizations: Nvidia, Netflix, Barclays, JPMorgan, Honeywell, Microsoft, UBS, TD Cowen downgrades Pepsi, U.S, Department of Energy, DOE, RBC, PayPal, Cirrus, Bank of America, underperform Bank of America, Nike, Mara Holdings, AIG, DOJ, Google, Reuters Locations: EVGO, EAT's, LHX, New York City

☆ 4:30 a.m. wakeups and scary speakers: Inside Apollo's tactics to prepare its workers for an uncertain future
▼ + stars: | 2024-10-03 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +7 min

Rowan said the firm is testing new tactics to motivate employees to "play to win." Here's how and why the firm has turned to frozen yogurt and 4:30 a.m. wakeups. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"We believe that assets are what is going to be scarce rather than capital," Rowan said, referring to an environment of more limited investment opportunities.

Persons: Rowan, —, Marc Rowan, We've, Lehman, I've, They're, it's Organizations: Service, New, Apollo, Nvidia, that's

☆ China ETFs were big winners in September. History says to be cautious from here
▼ + stars: | 2024-09-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

As a result of that excitement, China ETFs are dominating the list of top performing funds in September, according to FactSet. The iShares MSCI China ETF (MCHI) was up about 22% on the month, while the KraneSharesCSI China Internet ETF (KWEB) was up more than 32%. Other top performers include the Global X MSCI China Consumer Discretionary ETF (CHIQ) and the Invesco Golden Dragon China ETF (PGJ) , with September gains of roughly 32% and 30%, respectively. The MSCI China Index's total annualized return during that period is under 1%. The average here is a gain of +78% over 176 trading days vs. a decline of -42% over 165 trading days," the note continued.

Persons: Todd Sohn, David Tepper, there's Organizations: People's Bank of, CSI, China Internet, Dragon China Locations: People's Bank of China, China, U.S

☆ These 3 ugly duckling stocks will become beautiful swans as the Fed cuts rates
▼ + stars: | 2024-09-29 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

Some of it had to do with the old joke being that Best Buy was nothing but an Amazon showroom. CEO Corie Barry is a no-nonsense heavyweight who mastered the supply chain for Best Buy during the pandemic. As the JPMorgan recent upgrade on Best Buy said, most investors don't realize how awful this period has been for Best Buy. It doesn't hurt, of course that Best Buy has a substantial dividend — 3.68%, down from 4% and 5% when we were buying it. We have watched Eaton and Dover go higher and that was without the rate cycle, just with the data center.

Persons: Stanley Black, Decker, —, couldn't, Corie Barry, Barry, don't, It's, Stanley, Trump, Helene, Hock Tan, Marc Benioff, Mike Sievert, Blackwell, Jim Cramer's, Jim Cramer, Jim, Melissa Repko Organizations: Empire, Circuit, Intel, HP Inc, HP, JPMorgan, Williams, Dick's Sporting Goods, Abercrombie, Fitch, Depot, Procter, Gamble, Linde, Honeywell, Quantum Computing, Tech, Broadcom, VMWare, Elon, Mobile, Nvidia, Jim Cramer's Charitable, CNBC, Microsoft Locations: Sonoma, Covid, China, Lowe's, Eaton, Dover, San Francisco, Secaucus, N.J

☆ Bull market enters fourth quarter with just about everything going its way
▼ + stars: | 2024-09-28 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

Then there's the upside progress made in the third quarter without the leadership of super-cap tech – the equal-weighted S & P 500 is up nearly 9% since June 30 and the Nasdaq 100 up less than 2%. Goldman Sachs here plots the S & P 500 forward P/E at the time of each initial rate cut in a cycle. For sure, a breather would make sense for the broad market, with the S & P 500 up 11 of the past 15 days. In either case, it's a notable deviation from the story of placid strength being told by the S & P 500 itself. The median Wall Street strategist target for the S & P 500 is now well below the current index level, usually not something one sees at an ultimate market peak.

Persons: Scott Chronert, isn't, Goldman Sachs, it's, John Kolovos, Bitcoin's Organizations: Nasdaq, Citi, Fed Locations: China

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