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☆ Final Trade: Euro, IBB, SMH, NEM
▼ + stars: | 2024-11-20 | 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 EmailFinal Trade: Euro, IBB, SMH, NEMThe final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.

Persons: CNBC’s Melissa Lee Organizations: Fast Money

☆ Earnings playbook: Disney and this home improvement giant are slated to report as the season winds down
▼ + stars: | 2024-11-10 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

Tuesday Home Depot is set to report earnings in the premarket. What history shows: Data from Bespoke Investment Group shows Home Depot has beaten earnings expectations for 17 straight quarters. What history shows: Live Nation shares have risen after the last four earnings releases, per Bespoke. What history shows: Disney has not done well following the last two releases, losing 4.5% and 9.5%, respectively. Applied Materials is set to report earnings after the open.

Persons: LSEG, Michael Lasser, Morgan Stanley, Walt Disney, Michael Morris Organizations: Depot, Disney, CNBC, UBS, Home, Investment Group, Consumer, VanEck Semiconductor

☆ Earnings playbook: Nearly 100 S&P 500 names are set to report, including three AI plays
▼ + stars: | 2024-11-03 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Artificial intelligence plays Palantir, Qualcomm and Super Micro Computer are among the 96 S & P 500 names on deck. Monday Palantir is set to report earnings after the bell, with a call scheduled for 5 p.m. This quarter: Earnings are expected to have soared more than 20% from the year-earlier period, per LSEG. Tuesday Super Micro Computer is set to report earnings after the close, followed by a call at 5 p.m. Qualcomm is set to report earnings after the close, with a call set for 4:45 p.m.

Persons: PLTR, SMCI, Ernst & Young, TD Cowen, Andrew Charles doesn't, Karen Lynch, David Joyner, Ross Seymore Organizations: Qualcomm, Apple, Microsoft, Meta, Investment, LSEG, Micro, Yum Brands, Brands, CVS, Revenue, VanEck Semiconductor, Deutsche Bank

☆ How to hedge some big tech gains going into the market uncertainty next week
▼ + stars: | 2024-11-01 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +2 min

Given the uncertainty surrounding the election next week and some mixed mega-cap technology earnings this week, I want to book some 2024 chip stock profits. I want to hedge my exposure by owning put options in the high-flying VanEck Semiconductor ETF (SMH) . SMH YTD mountain VanEck Semiconductor ETF, YTD Risk can happen fast. Nonetheless, I'm looking to hedge given the big gains this year for the market and tech. This is downside risk mitigation and in the event this trade doesn't pay off, the Big tech exposure I have in my portfolio will continue to create 2024 gains.

Persons: SMH Organizations: VanEck Semiconductor, Semiconductor, Nasdaq, Boeing, CNBC, NBC UNIVERSAL

☆ Trump accuses Taiwan of stealing U.S. chip industry. Here's what the election could bring
▼ + stars: | 2024-10-28 | by ( Seema Mody | ) www.cnbc.com time to read: +4 min

Former President Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on "The Joe Rogan Experience" podcast and accused Taiwan of stealing America's chip industry. Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Shares of Taiwan Semiconductor closed down 4.3% on Monday. The U.S. Commerce Department funds have yet to be allocated to Taiwan Semiconductor or other major semiconductor firms. "We put up billions of dollars for rich companies to come in and borrow the money and build chip companies here.

Persons: Donald Trump, Joe Rogan, Trump, Bernstein, Stacy Rasgon, Rasgon, CC Wei, shouldn't, They're, he'll, Patrick Moorhead, Kamala Harris, it's, Biden Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, Taiwan Semiconductor, Amazon, Google, Microsoft, UBS, Intel, Samsung, U.S, CNBC, U.S . Commerce Department, CC, Funds, Mizuho, Trump, Analysts, Citi, VanEck Semiconductor, Global, Texas, China, Micron Locations: Taiwan, U.S, China, Arizona

☆ Tech stocks could be in for a reckoning, this chart shows
▼ + stars: | 2024-10-28 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Since then, the XLK is down 6% relative to the broad market index. "The level it peaked at almost exactly coincides with where the Tech ETF peaked on a relative basis in 2000. Not exactly what you want to see if you're an investor putting new money to work within Tech," he wrote. The SMH closed Friday at $252.96, and the strategist expects the $233 level to be tested near term. "We still exercise some degree of caution when we view Technology stocks, as short term trends and near-term momentum appear to be stalling," O'Hara wrote.

Persons: Wolfe, Rob Ginsberg, Ginsberg, Roth MKM, JC O'Hara, O'Hara, Wells Organizations: Wolfe Research, Tech ETF, VanEck Semiconductor, Nasdaq, Dow Jones, Microsoft, Apple Locations: Wells Fargo

☆ Here are Evercore ISI's top chip stock picks into earnings
▼ + stars: | 2024-10-22 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Evercore ISI has its eyes set on a handful of chip stocks ahead of earnings, including Nvidia and Broadcom . Chip stocks will come into focus later in the season, with artificial intelligence bellwether Nvidia slated to report on Nov. 20. Against this backdrop, Evercore ISI highlighted several stocks in the space it likes heading into their quarterly reports. The stock has gained more than 189% in 2024 and is the favorite semiconductor play over the next 12 months for investors polled by Evercore ISI in a survey. Other semiconductor stocks Evercore ISI is eyeing heading into earnings include Marvell Technology and AMD .

Organizations: ISI, Nvidia, Broadcom, Semiconductors, VanEck Semiconductor, Evercore ISI, Taiwan Semiconductor, Marvell Technology, AMD

☆ Investors may be too bullish on chip stocks. This options strategy can hedge against a pullback
▼ + stars: | 2024-10-18 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

That bullish consensus makes this former CBOT pit trader take pause, and I believe now is the time to hedge some semiconductor exposure. I want to use put options in the VanEck Semiconductor ETF (SMH) to mitigate downside risk. That came in the wake of better-than-expected results from contract chipmaker Taiwan Semiconductor , which counts NVDA as one of its biggest customers. Lastly, I want to consider the technicals setup, as when emotion gets injected into the marketplace, technical typically take over. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Jensen Huang, ASML, SMH, Kilburg Organizations: VanEck Semiconductor, Nvidia, Taiwan Semiconductor, CNBC, NBC UNIVERSAL Locations: Chicago

☆ CNBC Daily Open: Bullish sentiment and broadening rally – markets are in a good place
▼ + stars: | 2024-10-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Spencer Platt | Getty Images News | Getty ImagesThis 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. What you need to know todayThe bottom lineDespite markets falling Tuesday, there's still plenty to like about their current state. Weighed down by ASML's 16% dive and a report by Bloomberg on potential AI-chip export controls, semiconductor stocks like Nvidia and AMD fell 4.7% and 5.2% respectively. Still, investors are the most bullish in four years, according to the October BofA Global Fund Manager Survey.

Persons: DJI, Spencer Platt, there's, They're, Michael Hartnett, Mary Daly, who's, Dow, Piper, Craig Johnson, –, Jeff Cox, Samantha Subin, Yun Li, Lisa Kailai Han, Alex Harring Organizations: AMD, New York Stock Exchange, Getty, CNBC, ASML's, Bloomberg, Nvidia, Semiconductor, Nasdaq, Dow Jones, Dow, Survey, U.S . Federal Reserve, San Francisco Fed, Federal Locations: U.S, Beijing

☆ The stock market is in a 'mania' that will push it higher before a potential 26% drop in 2025, Stifel says
▼ + stars: | 2024-10-16 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The S&P 500 could lose a quarter of its value next year, according to Stifel. AdvertisementThe S&P 500 looks like it's in the midst of another "mania," and investors could see a steep drop in the benchmark index sometime next year, according to Stifel. AdvertisementThe S&P 500 looks like the fifth stock mania, according to a Stifel analysis spanning the last 139 years. Stocks could be challenged next year due to the uncertain outlook for Fed rate cuts, the strategists suggested. Investors could be impacted for the long-term, they added, pointing to previous manias, which historically led to weak stock returns over the following decade.

Persons: it's, —, manias Organizations: Service, Bloomberg

☆ Our 3 chip stocks tend to finish the year strong — but 1 needs to play catch up
▼ + stars: | 2024-10-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 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. Apple , Amazon , DuPont , and Constellation Brands all saw their ratings lowered by different Wall Street analysts. 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, Ben Reitzes, Melius, Duckhorn, Wells, Jim Cramer's, Jim Organizations: CNBC, ., Nvidia, Devices, Broadcom, Melius Research, VanEck Semiconductor, AMD, Apple, DuPont, Constellation Brands, Wall, Morning, Constellation, PepsiCo, Jim Cramer's Charitable Locations: NAPA, Wells Fargo

☆ Chip company insiders sold a record $1.3 billion in stock during the third quarter
▼ + stars: | 2024-10-02 | by ( Nick Wells | ) www.cnbc.com time to read: +3 min

Chip insiders have stepped up their sales of company stock this year as AI-driven demand for processing power has propelled the sector's outperformance. Huang remains Nvidia's largest individual shareholder with around 3.5% of company shares outstanding, according to data from FactSet. In all, NVDA insiders disclosed around $960 million in stock sales during the third quarter, according to data collected by VerityData. Overall, 177 chip company insiders sold stock in the third quarter, down from a recent high of 245 in Q2 of 2024, according to the Washington Service. They sold a collective 12.7 million shares in Q3, a slight increase from Q2 but just below the 13.6 million shares sold in Q1.

Persons: Jensen Huang, Huang, Tench Coxe, Coxe, Hock Tan, Tan, Verity, Richard Wallace, Bren Higgins Organizations: Washington Service, Nvidia, VanEck Semiconductor, VerityData, Broadcom, YTD, KLA Corp, Texas Instruments, SEC Locations: FactSet

☆ Betting chip stocks will revisit bull market highs is the trade of the fourth quarter, says Evercore ISI
▼ + stars: | 2024-09-25 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Chip stocks could return to their bull market highs and beyond, and be the key trade of the fourth quarter, according to Evercore ISI. In fact, Rich Ross, head of technical analysis at the firm, expects there is 20% more upside to semiconductor stocks as represented by the VanEck Semiconductor ETF (SMH) into year-end. Similarly, the iShares Semiconductor ETF (SOXX) climbed more than 18% this year, about in line with the S & P 500. SOXX 1D mountain iShares Semiconductor ETF (SOXX) But the technical setup is encouraging from here, Ross said. Now that semiconductor stocks have double bottomed above key support levels — a technical pattern that suggests new upside potential — the sector is clear to outperform, he said.

Persons: Rich Ross, Ross Organizations: ISI, VanEck Semiconductor, iShares Semiconductor, Semiconductor, Broadcom, Taiwan Semiconductor Manufacturing, Micron Technology, Nvidia

☆ Analysts say don't chase this Intel pop here
▼ + stars: | 2024-09-17 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Wall Street analysts are still skeptical on Intel despite its latest moves aimed at righting the ship. Shares of Intel gained more than 3% on Tuesday after the chipmaker said it would turn its foundry business into an independent unit — allowing it to raise outside capital . The analyst added that Intel's plan to establish its foundry business as an independent subsidiary was "expected and not good." "We expect Intel's EPS to be under pressure given its foundry business, which we believe has minimal chance of succeeding," he wrote. Intel shares have lagged the broader semiconductor sector year to date, losing 56% in that time.

Persons: Bernstein, America's Vivek Arya, INTC, Christopher Danely, Intel's Organizations: Intel, Amazon, Bank of America, JPMorgan, Citi, Wells, America's, VanEck Semiconductor Locations: AVGO

☆ CNBC Daily Open: Tech might not be the biggest beneficiary of rate cuts
▼ + stars: | 2024-09-17 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Gary Hershorn | Corbis News | Getty ImagesThis 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. What you need to know todayThe bottom lineTechnology stocks benefit the most from low interest rates, conventional market wisdom says. When rates are low, that proposition appears attractive because returns are low elsewhere. This implies investors have been moving out of tech to other sectors that might experience tailwinds amid lower rates.

Persons: Gary Hershorn, Goldman Sachs, Christopher Barto, It's, CNBC's Hakyung Kim, Pia Singh, Yun Li Organizations: Trade Center, Corbis, CNBC, Nvidia, Meta, U.S . Federal, VanEck Semiconductor, Nasdaq, Dow Jones, Fort Pitt Capital Locations: Manhattan, Jersey City , New Jersey

☆ Final Trades: TransDigm, BJ's Wholesale, AbbVie and the SMH
▼ + stars: | 2024-09-16 | 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 EmailFinal Trades: TransDigm, BJ's Wholesale, AbbVie and the SMHThe Investment Committee give you their top stocks to watch for the second half.

Organizations: AbbVie, Investment

☆ These are the top tech picks of UBS for rest of year, including an Nvidia alternative
▼ + stars: | 2024-09-11 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Some tech stocks are due for outperformance heading into year's end, according to UBS. Nvidia dragged other chip stocks down with it, with the VanEck Semiconductor ETF (SMH) suffering its worst day since March 2020. Wall Street is also bullish on the chipmaker, with 41 of the 50 analysts covering the name issuing a strong buy or buy rating, according to LSEG. In the IT hardware and electronics manufacturing services sector, UBS named Dell Technologies , given a PC refresh cycle and developing strength in AI optimized servers. UBS has a buy rating on the stock, and its target implies more than 48% upside from Tuesday's close.

Persons: chipmaker, Timothy Arcuri, Palantir, monetization Organizations: UBS, Nvidia, VanEck Semiconductor, Devices, AMD, Dell Technologies, DELL, P Global, Dell, Spotify

☆ Jim Cramer names chip stocks to buy on the dip
▼ + stars: | 2024-09-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday recommended three chip stocks to buy at a discount: Micron , AMD and Arm . "I think the chip stocks have sold off way too hard," he said. The chip sector has retreated in recent weeks, with SMH , a prominent semiconductor exchange-traded fund, down more than 18% from its 52-week high in July, according to FactSet. Micron : Cramer called Micron "the market leader in memory chips," and said the hyperscalers building out data centers need memory. He added that he thinks the stock is currently cheap based on its earnings estimates for the next fiscal year.

Persons: CNBC's Jim Cramer, FactSet, Cramer, —, stoking, AMD's Organizations: Micron, AMD, Nvidia, Apple

☆ This semiconductor ETF just had its worst week since 2020. Here's what's next
▼ + stars: | 2024-09-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

The VanEck Semiconductor ETF (SMH) sank 11.7% in the Labor Day-shortened, four-day trading week. That was its worst week since a 15.2% drop in March 2020, spurred by the Covid lockdown. SMH 3M mountain This semiconductor ETF just had its worst week since 2020. VanEck itself launched a somewhat narrower version of the fund — the VanEck Fabless Semiconductor ETF (SMHX) , with 22 stocks — last month. Looking ahead, investors will likely get updates from several chipmakers next week at the Goldman Sachs Communacopia + Technology Conference.

Persons: it's, Cantor Fitzgerald, CJ Muse, Muse, —, Bernstein, Stacy Rasgon, Rasgon, VanEck, Nick Frasse, Frasse, Goldman Sachs, CNBC's Gina Francolla Organizations: VanEck Semiconductor, Labor, Nvidia, Taiwan Semiconductor Manufacturing, Wall Street, SOX, CNBC, Intel, Broadcom, Semiconductor, Technology Conference, Devices Locations: VanEck

☆ Stocks making the biggest moves midday: Cava, Intuit, Ross Stores, Workday and more
▼ + stars: | 2024-08-23 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Cava Group — Shares of the fast-casual restaurant chain popped more than 21% on stronger-than-expected quarterly results . Cava posted earnings of 17 cents per share on $233 million in revenue in the fiscal second quarter. That topped LSEG estimates calling for earnings per share of 13 cents and revenue of $220 million. Ross Stores — The off-price retailer's stock price added 1.4% after the company beat earnings estimates by 9 cents a share in the second quarter. Ross matched revenue estimates of $5.25 billion, per LSEG.

Persons: Cava, Warby Parker, Nicholas Jones, Goldman Sachs, Bill.com, Ross, Tesla, Jerome Powell's, Piper Sandler, — CNBC's Hakyung Kim, Jesse Pound, Brian Evans, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Intuit —, Intuit, FactSet, JMP Securities, Warby's, UBS, Ross Stores, LSEG, Nvidia, Federal, Investors, VanEck Semiconductor Locations: Cava, Vegas, Macau

☆ 3 reasons why Truist's CIO says it's time to plow money into the tech sector again despite its worst one-month underperformance in 20 years
▼ + stars: | 2024-08-14 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

The secular megatrend of AI remains strong as Big Tech companies continue to invest billions into developing the technology. Forward earnings estimates for the tech sector are rising to all-time highs, indicating continued optimism. Investor expectations have now become recalibrated after the correction, providing tech stocks with more room to grow, in Lerner's opinion. AdvertisementTruistA cooling macroeconomic environment will also provide a boost to tech stocks as investors flock back to Big Tech, according to Lerner. With the Fed likely to begin cutting rates in September, many of the Big Tech companies are poised to benefit.

Persons: —, Keith Lerner, Lerner, that's, shouldn't, Truist, outperformance, He's Organizations: Service, Business, Semiconductor, Big Tech, Tech, Vanguard Information Technology, VanEck Semiconductor

☆ S&P 500 futures bounce after index posts worst day in nearly two years: Live updates
▼ + stars: | 2024-08-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

S&P 500 futures bounced in overnight trading after the broad index notched its worst day in nearly two years as global markets sold off. Futures tied to the S&P 500 rose 0.9%, while Nasdaq 100 futures rallied 1.2%. The 30-stock Dow dropped 1,033.99 points, or 2.6%, while the S&P 500 slid 3%. These fears spilled over into global markets, with Japan's Nikkei 225 index registering its worst daily decline since Black Monday in 1987. The Dow, S&P 500 and Nasdaq are down 5%, 6% and 8% respectively in three days, their worst 3-day performance in more than two years.

Persons: Dow, Quincy Krosby, LPL, Tesla, It's, Keith Lerner, Truist's Organizations: New York Stock Exchange, Futures, Nasdaq, Dow Jones Industrial, Federal Reserve, Japan's Nikkei, Treasury, Bank of Japan, Nvidia, Apple, VanEck Semiconductor, Traders, Palantir Technologies, Lucid Group Locations: New York City

☆ July brought a great stock market rotation. Here's why it is happening
▼ + stars: | 2024-07-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

While we are getting a tech rally Wednesday thanks to Advanced Micro Devices (up 7%), this is the month when rotation became more than a one day event. Since small-cap companies often have more debt and higher borrowing costs, the expectation of lower rates is certainly a factor. I noted weeks ago that more fundamentally inclined investors were worried about the slower rate of earnings growth for big cap technology stocks . The Russell 2000 would also benefit any time a rotation out of tech occurs because the weightings are different. While the two sectors that comprise technology in the S & P 500 (Technology and Communication Services) are about 40% of the S & P 500, the Russell 2000 is much more diverse.

Persons: Consumer Staples, Russell Organizations: Micro Devices, Energy, Health Care, Consumer, Communication Services, Care Locations: Banks

☆ S&P 500 futures rise after Meta posts quarterly beat: Live updates
▼ + stars: | 2024-07-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures rose in overnight trading Wednesday as investors weighed the latest corporate earnings reports, including strong results from Meta Platforms. S&P 500 futures gained 0.4%, while Nasdaq-100 futures jumped 0.6%. Futures tied to the Dow Jones Industrial Average added 30 points, or 0.1%. In extended trading, Meta Platforms rallied 7% on stronger-than-expected second quarter results and upbeat guidance. Stocks are coming off a winning session that saw the S&P 500 rally 1.58% for its best day since February.

Persons: Jerome Powell, Powell, Chris Zaccarelli Organizations: New York Stock Exchange, Stock, Meta, Nasdaq, Dow Jones, Meta Platforms, Arm Holdings, Federal Reserve, Independent, Alliance, Nvidia, Devices, VanEck Semiconductor, Apple, Dow, Intel, Booking Holdings, Moderna

☆ 3 reasons why US manufacturing is coming back— and how to invest in a reindustrializing economy
▼ + stars: | 2024-07-28 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

AdvertisementAccording to Osterweis, investors should expect increased cyclicality going forward. Now, with increased investment in AI and several initiatives to revitalize domestic manufacturing, Osterweis believes the US could see a return to shorter expansion periods. AdvertisementInvestors can buckle up for more frequent economic fluctuations by increasing their concentration in quality growth equities. Investing in quality growth businesses not only drives strong returns but also protects against the ups and downs of business cycles. Osterweis also sees AI as a sustainable trend and recommends investors continue holding semiconductor companies.

Persons: —, John Osterweis, Goldman Sachs, Management Offshoring, Osterweis Organizations: Service, Business, Capital Management, Osterweis, Infrastructure Investment, Jobs, Bank of America, Companies, Big Tech, Microsoft, Management, Nvidia, VanEck Semiconductor, Trust Nasdaq Semiconductor Locations: Rust, Mexico, China, East Asia, reindustrialization

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