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Lorusso: Tech and AI offer big growth and cash flow.
  + stars: | 2024-10-16 | 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 EmailLorusso: Tech and AI offer big growth and cash flow. Vince Lorusso, CEO at Clough Capital, favors equities, especially in tech and AI, despite recent volatility. He is cautious on consumer durables but believes overall spending remains strong.
Persons: Vince Lorusso Organizations: Tech, Clough Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLorusso: Volatility is concerning but not enough to change bullishnessVince Lorusso, President and CEO of Clough Capital, discusses earnings season and mega-cap tech.
Persons: Vince Lorusso Organizations: Clough Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBackdrop for equity investing is really favorable right now, says Vince LorussoVince Lorusso, CEO of Clough Capital, discusses the busiest week of earnings season and the upcoming Fed decision.
Persons: Vince Lorusso Vince Lorusso Organizations: Clough Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe like equities but are being opportunistic in certain sectors, says Vince LorussoVince Lorusso, CEO and Portfolio Manager at Clough Capital, discusses CPI, the direction of rates and equities, and his recent portfolio moves.
Persons: Vince Lorusso Vince Lorusso Organizations: Clough Capital
“So, who’s the pig lover here?”Wandering the grounds of Ross Mill Farm, a foster home and boarding spot for porcine pets about an hour outside Philadelphia, the four members of the band Mannequin Pussy answered the facility’s owner nearly in unison: “We all are!”Pigs are pack animals — not so different from being in a touring rock band, the singer and guitarist Marisa Dabice, 36, noted playfully. Maxine Steen, 34, who plays synths and guitar, felt an instant kinship with a hesitant hog named Max, proclaiming them both “so aloof.” The band, which also includes the drummer Kaleen Reading, 31, and the bassist Colins Regisford, 37, known as Bear, has been spotted with livestock a lot lately. In two of its recent music videos, the quartet cavorts with cows and sheep, and a pig features prominently on the cover of its fierce new album, “I Got Heaven.”Mannequin Pussy’s earliest releases were a fuzzy punk squall, but in its more than 10-year-run, its music has come to incorporate shoegazey swirls of sound, sharp hooks and intimate moments of vulnerability. The band reached a turning point in 2019 with “Patience,” an album that struck a balance between its more savage and tender sides. The coronavirus pandemic subsequently halted its touring plans, but not its momentum.
Persons: Marisa Dabice, Maxine Steen, Max, Kaleen, Colins Regisford, “ Patience, , ” Dabice, Organizations: HBO Locations: Ross Mill, Philadelphia, Pennsylvania, Easttown
Atlanta police Officer Kiran Kimbrough responded to the crash and he quickly decided Hollman was to blame. About 10 seconds later, a man identified in the lawsuit as the tow truck driver is seen coming to the officer's aid. The lawsuit says the tow truck driver “immediately joined the officer” on top of Hollman’s body and “forcefully grabbed” Hollman's left arm without the officer appearing to ask for help. The lawsuit accuses the tow truck driver of being negligent or reckless, and of causing or contributing to the physical injuries that Hollman suffered before dying. Hollman’s family has called for Kimbrough and the tow truck driver to be arrested and charged in Hollman’s death.
Persons: Johnny Hollman, Kiran Kimbrough, Hollman, Kimbrough, , , ” Hollman's, Darin Schierbaum, Lance LoRusso, Hollman’s, Fani Willis Organizations: ATLANTA, Atlanta, W Services of Atlanta, Atlanta Police, Georgia Bureau of Investigation Locations: Georgia, Atlanta, Fulton County
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRates will likely have to go down sooner rather than later, says Vince LorussoVince Lorusso, CEO of Clough Capital, discusses the markets this month and where he's finding opportunity.
Persons: Vince Lorusso Vince Lorusso Organizations: Clough Capital
ATLANTA (AP) — An Atlanta police officer responding to a minor car crash deployed a Taser on a church deacon who disregarded multiple commands to sign a traffic ticket, shocking the man after he repeatedly said he could not breathe, police body camera video released Wednesday shows. The roughly hour-long video shows Kimbrough arriving at the scene of the crash and gathering information from Hollman, the other driver and a passenger before the confrontation. In the video, Hollman repeatedly insists the other driver hit him, but otherwise follows Kimbrough’s orders to move his car and stay by it. “The Atlanta Police investigation confirmed Officer Kimbrough deployed his city-issued TASER and used force in a manner consistent with his training and Georgia law.”In the video, Hollman says he will sign the ticket after Kimbrough steps closer to him. Schierbaum said Kimbrough, who like Hollman is Black, violated department policy when he didn’t wait until a supervisor arrived to arrest Hollman.
Persons: Johnny Hollman, Kiran Kimbrough, Kimbrough, Hollman, , ” Kimbrough, Lance LoRusso, Mr, ” LoRusso, , Hollman's, ” Hollman, Darin Schierbaum, Schierbaum, LoRusso, doesn’t, Fani Willis, Atlanta Mayor Andre Dickens, Dickens Organizations: ATLANTA, Chevrolet Silverado, Atlanta Police, Georgia Bureau of Investigation, Fulton, Atlanta Mayor Locations: An Atlanta, Hollman, Atlanta, Georgia, Fulton County
An off-duty pilot accused of trying to crash a plane refused to take antidepressants, his wife told NYT. AdvertisementAdvertisementAn off-duty pilot facing attempted murder charges after being accused of trying to crash a plane had refused to get antidepressants because he was afraid of losing his job, his wife told The New York Times. Emerson told the New York Times in an interview that he'd consumed psychedelic mushrooms two days before the incident. Emerson said the trip was during a weekend getaway with his friends to commemorate the death of his best friend, The New York Times reported. The Times reported that the loss prompted Emerson to seek help for mental health issues.
Persons: Joseph Emerson didn't, He's, , Joseph Emerson's, Sarah Stretch, Stretch, Insider's Michelle Mark, Joe LoRusso, Emerson Organizations: Service, New York Times, Times, Federal Aviation Administration, Alaska Airlines, The Times Locations: The California, Oregon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLorusso: Important to stay active when managing portfolios during this point of the economic cycleVince Lorusso, CEO of Clough Capital Partners, discusses markets on the final trading day of October.
Persons: Vince Lorusso Organizations: Clough Capital Partners
In the last four years energy investors have dumped stocks in oil companies that boost capital spending, favoring higher returns over spending on costly, long-term new projects. But Exxon shares last month hit a record high of $120, lifted by returns on its oil, gas and refining businesses. 2 Permian shale oil producer, for $60 billion, signals it is ready to pay up for production after missing its own output targets in the Permian. A deal would bring Exxon to about 1.33 million barrels of oil and gas per day, the largest in the oilfield. It has good reserves, growing production, spending in check and debt at healthy levels, he said.
Persons: Lucas Jackson, Exxon Mobil's, Bill Smead, Vince Lorusso, Lorusso, Shale Research Alexandre Ramos, Kathryn Mikells, Bass, Scott Hanold, Matthew Bernstein, Sabrina Valle, Anna Driver, Diane Craft Organizations: Exxon Mobil Corporation, New York Stock Exchange, REUTERS, Rights, Exxon, Natural Resources, Smead Capital Management, Clough Capital Partners, Management, Shale Research, XTO Energy, RBC Capital Markets, ExxonMobil, Rystad Energy, Thomson Locations: New York, Ukraine, U.S, Americas, Guyana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLorusso: There are more interesting parts of the market outside of mega-cap techVince Lorusso, CEO and Portfolio Manager at Clough Capital, discusses the markets ahead of the latest Federal Reserve policy decision meeting.
Persons: Vince Lorusso Organizations: Clough Capital, Federal
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