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Hall of Fame wide receiver Randy Moss disclosed on Sunday he's facing a facing a serious, ongoing health issue and asked fans to pray for he and his family. The ESPN football analyst didn't disclose details of the illness he might be battling but pointedly told "all you men" to "get your blood work done and we'll work through it." "I got a great team of doctors and got a great family around me." Moss was inducted to the Pro Football Hall of Fame in 2018. Heart disease, diabetes, blood pressure and cholesterol should also be regularly screened, per U.S. health guidelines.
Persons: Randy Moss, didn't, Moss, Rex Ryan, Alex Smith, Jerry Rice's, Larry Fitzgerald, Terrell Owens Organizations: Fame, ESPN, New York Jets, Minnesota Vikings, Oakland Raiders, New England Patriots, Tennessee Titans, San Francisco 49ers, Rice, Pro Football Hall of Fame, U.S . Preventive Services Task Force Locations: U.S
T. Rowe Price's Tony Wang on what to buy in Big Tech
  + stars: | 2024-11-11 | 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 EmailT. Rowe Price's Tony Wang on what to buy in Big TechTony Wang, T. Rowe Price portfolio manager, joins 'Squawk Box' to discuss the state of the tech sector, performance of AI stocks, what to buy in Big Tech, and more.
Persons: Rowe, Tony Wang, Big Tech Tony Wang, Rowe Price Organizations: Big Tech
A top technology fund manager is laying out his favorite names in the sector going forward. "It's an exciting time where we're seeing productivity really get enhanced, and perhaps this being a really big industrial economic productivity increaser," Tony Wang, portfolio manager of T. Rowe Price's science and technology equity strategy, told CNBC's " Squawk Box " on Monday. Now, Wang believes the tide is shifting in favor of software companies and app developers launching and integrating AI products. Applovin surged 77%, scoring its best week on record, following a strong earnings report . "Technology trends are often on an exponential adoption curve, and a lot of times the market … underestimates these tech transitions."
Persons: Tony Wang, Rowe, CNBC's, Wang, Applovin Organizations: Nvidia, Wang, Marvell Technology Locations: ChatGPT, allocator
Trump is also wary of special elections to replace sitting lawmakers, especially in the Senate. has conveyed that he is not interested in entering the Trump administration, according to three sources familiar with the decision. Sessions, an adviser to Trump in 2016, was one of his earliest supporters when Trump elevated him from the Senate to run his Justice Department. The special election to replace him also turned into a centerpiece of Democratic organizing against Trump. Though the GOP won the special election narrowly, Republicans lost Price's congressional seat in the midterms and then watched Georgia turn blue in 2020.
Persons: Donald Trump, Trump, Steven Mnuchin, Ben Carson, Jeff Sessions, recusing, Tom Price, Ryan Zinke of, Roy Moore, Moore, Sen, Eric Schmitt, Marco Rubio, Tom Cotton, Mike Waltz, Mike Pompeo, Trump’s, Cotton, Bill Clark, Donald Trump Jr, , Rubio, , I’m, ” Rubio, Pompeo, Sessions, Price, Zinke, Rick Scott's Organizations: White, Treasury Department, of Housing, Urban, Republican, Trump, CIA, Getty, Trump Jr, coy, NBC’s, Senate, Congress, Justice Department, GOP, Republicans, Interior Department Locations: Alabama, Ryan Zinke of Montana, United States, Georgia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets are pricing in deregulation, lower taxes and inflation: T. Rowe Price's Sebastien PageSebastien Page, T. Rowe Price head of global multi-asset and CIO, joins 'Squawk Box' to discuss the latest market trends, impact of President-elect Trump's election victory, and more.
Persons: Rowe Price's Sebastien Page Sebastien Page, Rowe Price, Trump's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailT. Rowe Price's Tony Wang talks what to look for from next week's Big Tech earningsTony Wang, T. Rowe Price portfolio manager, joins 'Closing Bell Overtime' to talk what to expect from next week's slate of earnings.
Persons: Rowe, Tony Wang, Rowe Price Organizations: Big Tech
Prince Andrew's "Newsnight" interview has been depicted in a new series. AdvertisementThe public may not completely forgive Prince Andrew's controversies – but the royal family might, according to royal experts. AdvertisementSchofield said the institution is unlikely to ever fully reject Prince Andrew. However, she noted that his involvement in family events could be scaled back when Prince William ascends the throne. "Prince William is incredibly intelligent and recognizes that you are only as strong as your weakest member.
Persons: Prince Andrew's, Duke, York, Jeffrey Epstein, Andrew, , Prince, Kinsey Schofield, he'd, Andrew's, Prince Andrew, Gillian Anderson, Rufus Sewell, Billie Piper, Sam McAlister, Emily Maitlis, Ruth Wilson, Michael Sheen, Epstein, Ghislaine Maxwell, Epstein's, Virginia Roberts Giuffre, Maxwell, Maitlis, King Charles, King Charles and Prince William, Princess Beatrice, Princess Eugenie, Kristien, Sovereign Grant, Richard Fitzwilliams, Sarah Ferguson, it's, Ferguson, MailOnline, Victoria, Schofield, Prince William, King William, William, Kate, Prince Harry —, Buckingham Organizations: Service, BBC, YouTube, Netflix, Amazon, Palace, International Trade, Investment, KPMG, Standard Chartered, Cisco, BBC News, Sovereign, Telegraph Locations: Windsor, Porta
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailT. Rowe Price's Sebastien Page bullish case for international small capsSebastien Page, T. Rowe Price, joins 'Closing Bell' to discuss adding risk and makes the bullish case for international small caps.
Persons: Rowe Price's Sebastien Page, Sebastien Page, Rowe Price
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI could be biggest productivity enhancer since electricity, says T. Rowe Price's Dom RizzoDom Rizzo, T. Rowe Price Portfolio Manager, joins 'Closing Bell Overtime' to talk the AI boom and the Tech sector's recent market performance.
Persons: Rowe Price's Dom Rizzo Dom Rizzo, Rowe Price Organizations: Tech
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOracle is emerging as a fourth cloud player, says T. Rowe Price's Tony WangTony Wang, T. Rowe Price portfolio manager, joins 'Closing Bell Overtime' to talk the hardware trade versus the software trade.
Persons: Rowe, Tony Wang Tony Wang, Rowe Price Organizations: Oracle
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpecting a tough earnings season for Meta, says T.Rowe Price's Dominic RizzoDominic Rizzo, T. Rowe Price portfolio manager, joins 'Closing Bell Overtime' to talk tech earnings and what to expect from them this week.
Persons: T.Rowe Price's Dominic Rizzo Dominic Rizzo, Rowe Price Organizations: Meta
AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.
Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York
An early bet on artificial intelligence thanks to a simple investment framework is helping the T. Rowe Price's Global Technology Fund (PRGTX) outperform the market for a second straight year. "Our framework led us to be early to this AI trend, [and] led us to be early to the chip intensity of this AI trend." That's due in part to its winning bets in AI names and semiconductor stocks – many of which have outperformed the S & P 500 and Nasdaq Composite . Early bets on AI Key to the $4.5 billion fund's recent success has been early positions in AI stocks and chipmaking darling Nvidia . The AI leader — added to the fund at the end of 2021 — today accounts for nearly 18% of the portfolio.
Persons: Rowe, Dominic Rizzo, Rizzo, Rowe Price lifer, , Rizzo's, Siri, Morningstar Organizations: Global Technology Fund, Nasdaq, Nvidia, Taiwan Semiconductor Manufacturing, Devices, ASML, Apple, Microsoft, University of Chicago Booth School, Business, Worldwide Developers, Apple Intelligence, SAP
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big opportunity here for Apple', says T. Rowe Price's Tony Wang on AI integrationTony Wang, T. Rowe Price portfolio manager, joins 'Closing Bell Overtime' to talk what came out of Apple's WWDC.
Persons: Rowe, Tony Wang, Rowe Price Organizations: Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should be close to their risk tolerance, says T. Rowe Price's Sebastien PageSebastien Page, T. Rowe Price global head of multi-asset, joins 'Closing Bell' to discuss his expectation for tomorrow's PCE report and his market playbook.
Persons: Rowe Price's Sebastien Page Sebastien Page, Rowe Price Organizations: PCE
Cramer's Lightning Round: Apple is a buy
  + stars: | 2024-05-28 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Datadog's year-to-date stock performance. Stock Chart Icon Stock chart icon Axcelis Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon Tegna's year-to-date stock performance. Stock Chart Icon Stock chart icon Bristol-Myers' year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance.
Persons: Let's, Myers, Rowe Price's, Rowe Price Organizations: Technologies, Axcelis Technologies, Novo, Novo Nordisk, Bristol, Myers, Pfizer Locations: Bristol
Mario Anzuoni | ReutersOff-price retailers like TJX Companies and Ross are still posting sales gains and taking market share from rivals, but it's not just because consumers are under pressure and hunting for value. TJX and Ross both reported fiscal first quarter earnings last week that came in better than Wall Street expected, even as both companies lapped outsize growth from the prior-year period. Ross, which runs Ross Dress for Less and dd's Discounts, posted an 8% jump in sales, bringing revenue to $4.86 billion, compared to estimates of $4.83 billion, according to LSEG. "That's because they're providing consistent value to the consumer – and that's branded consistent value to the consumer at a discount price," said Roach. The dynamic is a bit different at Ross, which has more exposure to the lower- and middle-income consumer than TJX does and competes more on price, said Siegel.
Persons: Mario Anzuoni, Ross, it's, TJ Maxx, they've, Jessica Ramirez, Jane Hali, TJX, they'd, They've, Goldman Sachs, Brooke Roach, John Klinger, Michael Hartshorn, Roach, Simeon Siegel, Siegel, Ernie Herrman Organizations: Maxx, Reuters, TJX, Associates, Wall, Marshalls, CNBC, Walmart, BMO Capital Markets, Brands Locations: Pasadena , California, Homegoods, Ross
HarbourVest Global Private Equity , a diversified listed private equity investment company, could see its share price rise by more than 40%, according to analysts at investment banks Peel Hunt and Jefferies. Richard Hickman, the managing director of HVPE, describes it as the "most diversified, listed private equity investment company in London." "We're a global fully diversified portfolio covering buyout funds, the more established businesses from small cap through medium to large cap." NAV represents the value of an investment fund's assets per share. They estimate that share buybacks at the current discount could result in a 1.4% uplift in net asset value per share.
Persons: Peel Hunt, Jefferies, Richard Hickman, HVPE, Hickman, Alan Brierley, Ben Newell, Warren, Buffett Organizations: HarbourVest Global, Equity, Peel, London Stock Exchange, CNBC, NAV, Jefferies, Investec Locations: London
Agtech startup Rize aims to lower rice farming's methane emissions in southeast Asia. The Singapore-based startup recently raised $14 million in Series A funding from investors. A 10th of the world's methane emissions comes from rice farming, as bacteria break down in wet rice paddies and release the gas. To reduce rice's methane footprint, agtech startup Rize is working with small rice farmers in Vietnam and Indonesia — locals who manage a farm about the size of one and a half soccer fields. Rize's on-the-ground scientists use the startup's tech platform and green growing techniques to help these farmers grow rice more sustainably and increase their harvest.
Persons: Organizations: Service, Business Locations: Rize, Asia, The Singapore, Vietnam, Indonesia
On the agenda today:This story is available exclusively to Business Insider subscribers. But first: Where did Mother's Day brunch come from? Austin Melonie Carroll / Getty ImagesThis week's dispatchMother's Day brunchAdvertisementIt's Mother's Day tomorrow — a holiday that can be joyful for many, but also difficult and emotional for others. For those celebrating the holiday, I have a feeling you might be doing something that just feels synonymous with Mother's Day: brunching. I asked Business Insider lifestyle correspondent Anneta Konstantinides for her thoughts — and whether she has any brunch tips.
Persons: , Austin Melonie Carroll, Anneta Konstantinides, Ina Garten's, Matteo Colombo, Dia Dipasupil, Abanti Chowdhury, Pine, That's, Chris Pine's, Charles Tyrwhitt, Chelsea Jia Feng, Reginald Ferguson, Tyler Le, Anne Rice's, Brooke Shields, Von Erich Organizations: Service, Business, Mother's, Taj, Lionsgate, Paramount, Warner Bros, Dia, Getty, Denzel, Casio, Chelsea, BI, AMC Locations: Town, South Africa, United States, Istanbul, Denzel Washington, Patagonia
In this article JPY= Follow your favorite stocks CREATE FREE ACCOUNTThe Japanese yen has weakened significantly against the dollar in 2022. Stanislav Kogiku | SOPA Images | LightRocket | Getty ImagesThe Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia. The yen briefly touched 160.03 against the dollar, the weakest level since April 1990 when it touched 160.15, according to FactSet data. The yen has traded around 150 or weaker against the dollar since the Bank of Japan ended its negative interest rate regime in March. Japanese authorities have repeatedly warned against "excessive" moves in the yen, but have made no official announcements about bolstering the currency.
Persons: Stanislav Kogiku, Kazuo Ueda, Ueda, Vincent Chung, Rowe Price's, Chung Organizations: U.S, greenback, Bank of Japan Locations: Asia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailT. Rowe Price's Dom Rizzo says he's not worried about near-term pullback in techDom Rizzo, T. Rowe Price Global Technology Equity Strategy Portfolio Manager, joins 'Closing Bell Overtime' to talk the NASDAQ underperforming and what is behind it.
Persons: Rowe Price's Dom Rizzo, he's, Dom Rizzo, Rowe Organizations: Rowe Price Global Technology Equity
Prince Andrew is making public appearances with the royal family after stepping down in 2019. AdvertisementAs Kate Middleton stepped out of the public eye for cancer treatment, Prince Andrew was seemingly making his way back in. Andrew, 64, has attended several high-profile events with the royal family in recent months. Princess Beatrice and Prince Andrew. Prince Andrew and Sarah Ferguson are photographed with members of the royal family before the Thanksgiving Service for King Constantine.
Persons: Prince Andrew, Andrew —, , Kate Middleton, King Constantine, King Charles, Camilla, Kristen Meinzer, Andrew, Duke, York, Jeffrey Epstein, Andrew wasn't, Princess Beatrice's, Princess Beatrice, Max Mumby, patronages, Sarah Ferguson, Princess Anne, Duchess, Edinburgh, Sir Tim Laurence, Prince William, King, Sarah, Beatrice, Anne, Mike Tindall, Charles, Kate, William, Prince Harry, Meghan Markle, Andrew Matthews, Harry, Meinzer, Evan Nierman, Nierman, Marlene Koenig, Richard Fitzwilliams, That's, Koenig, Grant, Buckingham Organizations: Service, Business, Netflix, Sunday, Anadolu, Getty, Brand Finance Locations: Andrew, George's, Windsor Castle, Zara
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's a strange time for the Fed to cut rates, says T. Rowe Price's Sebastien PageSebastien Page, T. Rowe Price head of global multi-asset, joins 'Closing Bell Overtime' to talk the day's market action, what's ahead for the Fed, the state of the U.S. economy and more.
Persons: Rowe Price's Sebastien Page Sebastien Page, Rowe Price Organizations: Fed Locations: U.S
The appointment would make Walden the first female CEO of the Walt Disney Co. in its 100-year history. "Anybody they choose will have never been the Disney CEO prior to that." At Disney, Walden has hit several home runs, including FX's "The Bear," Hulu's "The Dropout" and "Only Murderers in the Building," and ABC's "Abbott Elementary." Former Disney CEO Bob Chapek CNBCChapek climbed the corporate ladder at Disney for 30 years by showcasing his business and finance chops. Combating female stereotypesIf Walden were appointed CEO, she would be the first woman to run the century-old company.
Persons: Dana Walden, Disney Entertainment Rich Polk, Peter Chernin, Rupert, Walden, Bob Iger, he'd, Fox, Chernin, Peter Roth, Roth, Peter Chernin Getty, Josh D'Amaro, Jimmy Pitaro, Alan Bergman, Nelson, Peltz, Iger, Bob Chapek, Walden's, Bergman, she's, hasn't, , Walden —, Dana doesn't, Jennifer Salke, Jennifer Salke Stephen Desaulniers, CNBC Walden, Richard Plepler, Craig Hunegs, Carol Burnett's, Carrie Hamilton, George Burns, Dean Martin, roasts, Martin, Buddy Hackett, Matt Walden, Bender, Goldman, she'd, Arsenio, Lucie Sulhany, Dana Walden Jason Laveris, Gary Newman, Newman, It's, Dana, Ryan Murphy, John Landgraf, Jan, Seth MacFarlane, Guy, Tuck, MacFarlane, Murphy, Steve Levitan, Dan Fogelman, Rick Rosen, Rosen, Howard Gordon, Levitan, Peter Rice, Rice, wasn't, Chapek, Rich Appel, Gary, it's, Percy Jackson, didn't, Bob Chapek CNBC Chapek, showrunners, Scarlett Johansson, Kristina Schake, Jay Sures, Sures, Amazon's Salke, Greta Gerwig, Gloria, Murphy's, Miss Jones, There's, Steve Levitan Peter, Hopper, Critics, She's, Salke, WME's Rosen Organizations: Disney Entertainment, Getty, Century Fox Filmed Entertainment, Rupert Murdoch's News Corp, Walt Disney Co, Century Fox, Fox, Century Fox Television, Warner Bros, Disney, ESPN, Entertainment, CNBC, Trian Partners, Iger, Amazon Studios, HBO, Disney TV Studios, Hollywood, Westlake School for Girls, Harvard, Westlake School, The Friars Club, University of Southern, Paramount, Paramount Domestic Television, Filmmagic, Fox Broadcasting, Walden, CBS, FX Networks, Bob Chapek CNBC, Indiana University, Michigan State University, United Talent Agency, Hulu Locations: Santa Barbara , California, Walden, Brentwood , California, She's, Disney's, Studio City, Los Angeles, Las Vegas, University of Southern California, Chapek, Hollywood, Walden's, Iger, America
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