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Apple is 'behind' in AI, says Satori Fund's Founder Dan Niles
  + stars: | 2024-04-22 | 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 EmailApple is 'behind' in AI, says Satori Fund's Founder Dan NilesDan Niles, Niles Investment Management founder and portfolio manager, joins 'Money Movers' to discuss if tech's recent underperformance is about yields, what will be essential to hear from earnings reports, and more.
Persons: Satori, Dan Niles Dan Niles Organizations: Niles Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSatori Fund's Dan Niles: Energy prices are the most important economic data pointSatori Fund's Founder Dan Niles joins CNBC's 'The Exchange' to break down his outlook on the oil rally, inflation risks, and more.
Persons: Dan Niles Organizations: Energy
Watch CNBC's full interview with Satori Fund's Founder Dan Niles
  + stars: | 2024-03-04 | 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 Satori Fund's Founder Dan NilesSatori Fund's Founder Dan Niles joins the 'Fast Money' traders to explain why he thinks the Magnificent 7 should be rebranded as the Fantastic 4.
Persons: Satori Fund's, Dan Niles Satori, Dan Niles
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSatori Fund's Founder Dan Niles talks rebranding the Magnificent 7Satori Fund's Founder Dan Niles joins the 'Fast Money' traders to explain why he thinks the Magnificent 7 should be rebranded as the Fantastic 4.
Persons: Dan Niles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSatori Fund's Dan Niles: 'Magnificent Seven' stocks should be renamed the 'Fantastic Four'Dan Niles, Satori Fund founder and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, why he believes the 'Magnificent Seven' should be rebranded as the 'Fantastic Four', why he's taking three companies off the list, which company would be his top pick, and more.
Persons: Dan Niles Organizations: Fund
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSatori Fund's Dan Niles on Meta: Strength in driving revenue and profits by using AIDan Niles, Satori Fund founder and portfolio manager, joins 'Squawk on the Street' to discuss his thoughts on the mega-cap technology stocks, whether the founder is nervous about the trades everybody likes, and more.
Persons: Dan Niles Organizations: Meta, Fund
The Satori Fund's Dan Niles is offering up his strategy for playing the Magnificent 7 stocks. The founder and senior portfolio manager told CNBC's " Squawk on the Street " on Wednesday that he's currently long Meta Platforms , Amazon , Nvidia and Microsoft and short Apple, Tesla and Alphabet . "We all know that earnings, short term, doesn't drive stocks," he said of his investing strategy. Nvidia and Meta Platforms have led the pack, jumping about 48% and 33%, respectively, while Apple and Tesla have slumped about 5% and 25%. Among his reasons for favoring Meta Platforms, the hedge fund manager highlighted the company's price-to-earnings ratio, which is only slightly above that of the S & P 500, and strong advertising numbers.
Persons: Dan Niles, CNBC's, he's, Tesla, Niles, Apple's, it's Organizations: Nvidia, Microsoft, Apple, Nasdaq, Meta Locations: Copilot, OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Tech's earnings are starting to have more of an impact on stock prices: Satori Fund's Dan NilesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Dan Niles, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon is our favorite 'Magnificent Seven' stock, says Satori Fund's Dan NilesDan Niles, Satori Fund founder and portfolio manager, joins 'Squawk Box' to discuss the Apple's quarterly earnings results, which tech stocks he likes, and more.
Persons: Satori, Dan Niles Dan Niles Organizations: Fund
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOracle is a buy 'if you're looking for growth at a reasonable price': Satori Fund's Dan NilesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Dan Niles, Brian Sullivan, Organizations: Oracle, CNBC
Small-cap stocks were on investors' radar last week. The Russell 2000 index turned in five straight days of gains for the first time since mid-July, according to CNBC analysis. "We're in consumer staples stocks and Russell 2000 stocks," said Niles, adding that Pepsi is the fourth-largest holding in his Satori Fund's consumer staples basket. Both Citi and Morningstar said small-cap stocks now look cheaper than the broader market. How to play small-caps One of the more popular ways to invest in small-cap stocks is through the iShares Russell 2000 ETF (IWM).
Persons: Russell, Dan Niles, CNBC's, Niles, David Bailin, Morningstar, Davidson, — CNBC's Michelle Fox, Fred Imbert Organizations: CNBC, Russell, Pepsi, Citi, Citi Global Wealth's, Morningstar Equity Research, Ionis Pharmaceuticals, Screen CNBC Pro Locations: Israel, Gaza
Hedge fund investor Dan Niles sees a buying opportunity in small-cap and consumer staples stocks right now. The Russell 2000 , the barometer for small-cap stocks, is now up about 1% in 2023. .RUT YTD mountain Russell 2000 year to date He is also in consumer staples stocks, which gives him a little bit of defense as well, he said. The fourth-largest weighting in Satori Fund's consumer staples basket is PepsiCo , Niles said. Niles' tech picks Meanwhile, Niles sees an uphill battle for big tech.
Persons: Dan Niles, Russell, Niles Organizations: PepsiCo, Pepsi, Microsoft, Nvidia, Apple Locations: Israel, U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe number one thing I am watching is oil, says Satori Fund's Dan NilesDan Niles, Satori Fund Founder, joins 'Closing Bell Overtime' to talk how top tech names are performing in the current market.
Persons: Satori, Dan Niles Dan Niles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLong-term Apple is the most over-valued large cap tech stock out there, says Satori Fund's Dan NilesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Satori, Dan Niles, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple has benefited tremendously from Covid, and now that's changing: Satori Fund's Dan NilesDan Niles, Satori Fund founder and senior portfolio manager, joins 'Power Lunch' to discuss whether investors should short Apple, the biggest risk posed to Apple's P/E ratio, and why Apple is seeing a revenue slump despite services growth.
Persons: Dan Niles Dan Niles, Apple's Organizations: Apple, Fund
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSocial media isn't going away 'learn how to deal with it responsibly', says Satori Fund's Dan NilesDan Niles, Satori Fund founder, joins 'Last Call' to discuss the Surgeon General's new warning about the health risks tied to social media.
Persons: isn't, Satori, Dan Niles Dan Niles Organizations: Fund
Technology's year of efficiency faces its first major test this week as big technology earnings kick into high gear. Across the information technology sector, earnings are expected to decline 15.1% year over year, according to FactSet data. The setup for technology stocks It's hard to pinpoint one specific problem denting earnings expectations this season. Heading into the second quarter, many technology companies already face lowered earnings expectations, with analysts lowering earnings estimates for the information technology sector in the first quarter by 6.5% in aggregate, according to FactSet data. "We plan on being either not in any of these names or hedged or short some of them going into earnings season," Niles said.
Chip stocks made a breathtaking comeback in the first quarter, but don't be surprised if the rally gives up some of its gains, investors warn. The semiconductor sector on Friday wrapped up its best quarter since 2020 as investors rotated back into the downtrodden industry, with names like Nvidia notching its best quarterly stretch since 2001. The recent tear in semiconductor stocks brings the sector into overbought territory versus non-financial cyclicals, said Credit Suisse's Andrew Garthwaite in a recent note. Like many investors, Niles views Nvidia as a dominant AI play despite its rich valuation . While the stock's given those gains, many investors viewed the print as a sign of a bottom.
After the worst year for tech since 2008 , many investors questioned whether the market could move higher in the new year without the sector's cooperation. Names such as Apple , Microsoft and Amazon gained about 27%, 20% and 23% in the first quarter, respectively, as yields pushed lower. Amid this backdrop, Alphabet shares gained 17.6% in the first quarter as the company launched it's Bard chatbot rival. Not all investors view big tech so optimistically heading into the new quarter. Much of the surge in tech stocks stems from the oversold conditions created during 2022's carnage, positioning many of these stocks for a bounce, Meeks said.
The market is still dealing with the potential fallout of the banking crisis and Satori Fund's Dan Niles says it could get a lot worse before it gets better. Investors have been abuzz lately about the possibility that the Federal Deposit Insurance Corporation (FDIC) would consider providing "blanket insurance" for all banking deposits. The next step in navigating the ongoing crisis starts there, Niles said. "The next phase is we have to expand the FDIC insurance," he told CNBC's "Squawk Box" Thursday. Niles also mentioned that 3-month Treasury bills are a good opportunity to get a 4.7% return "with no risk."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're not through this banking situation yet, says The Satori Fund's NilesDan Niles, The Satori Fund founder and senior portfolio manager, joins 'Squawk Box' to discuss how the tech sector's been impacted by the SVB collapse, what happens from here and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe have our portfolio in a lot of commodity-driven names, says The Satori Fund's Dan NilesDan Niles, The Satori Fund founder and portfolio manager, joins 'Squawk on the Street' to discuss his thoughts on the market in 2023, inflation, stock picks, and china reopening.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe were expecting a 'Santa Claus rally,' says The Satori Fund's Dan NilesDan Niles, The Satori Fund founder and portfolio manager, joins 'TechCheck' to discuss his 2023 outlook on the market and break down Big Tech names.
Amazon Web Services leads the cloud infrastructure market, with almost 39% share in 2021, according to estimates from industry researcher Gartner. Revenue growth at AWS has generally decelerated since 2015 as the segment has become larger and competition has picked up. In the fourth quarter, AWS generated $21.4 billion in revenue, representing 14% of Amazon's total revenue. Also in the quarter, AWS announced the availability of data center regions in Spain and Switzerland. WATCH: Amazon Web Services revenue growth will slow down more in 2023, says Satori Fund's Niles
Last year's bear market left many investors deep in the red, but hedge fund manager Neal Berger bucked the trend. 'My bible is the price action' That's why the veteran fund manager is sticking to his tried-and-proven playbook. "As a trader, my bible is the price action. I'm a student of price action and I'm going to be trading the market in accordance with the longer-term trends," he said. He noted that the one-year trend of all asset prices, such as stocks, bonds and crypto, is pointing downward.
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