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☆ Potential inclusion of MicroStrategy into the 'QQQ' could mark a tech top. How to hedge
▼ + stars: | 2024-12-13 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +4 min

And one event potentially involving bitcoin proxy MicroStrategy Friday could mark the top. I will use a zero-cost options strategy to potentially capture any cooling off over the next month in the red-hot Invesco QQQ Trust ETF (QQQ) . QQQ YTD mountain Invesco QQQ Trust, YTD December has been a fascinating month so far as we have seen more equities inside of the benchmark index (S & P 500) decline versus rise, questioning breadth. One last reason that we may have seen a short-term top in the Nasdaq 100 is due to MicroStrategy . (*Invesco QQQ Trust, Series 1 (QQQ) announced a special cash dividend with an ex-date of 12/27; as a result, QQQ's option contracts have been adjusted to reflect this event.

Persons: MicroStrategy, MicroStrategy MSTR Organizations: Nasdaq, YTD, Broadcom, Tesla, CNBC, NBC UNIVERSAL

☆ North Korea’s Kim Jong Un calls South Korea a foreign, hostile country
▼ + stars: | 2024-10-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

SEOUL, South Korea — North Korean leader Kim Jong Un said South Korea is a foreign and hostile nation, state news agency KCNA reported Friday, with photos showing Kim conferring with high-ranking soldiers and poring over a map labeled “Seoul” at a command post. The reclusive state blasted road and rail links with South Korea this week. “This ‘two hostile countries’ rhetoric is, in the end, Kim Jong Un’s survival strategy ... Don’t interfere, live separately as a hostile country. On Friday, the top military commanders of South Korea and the United States held an annual Military Committee Meeting and expressed concern over security challenges stemming from North Korea’s threats. On Sunday, South Korea will begin annual large-scale military exercises called Hoguk to improve operational performance.

Persons: Kim Jong Un, KCNA, Kim, ” Kim, “, ” KCNA, ”, Yang Moo, Kim Jong Organizations: Seoul, 2nd Corps, North Korean, University of North Korean Studies, North, Joint Chiefs, Staff, Democratic People’s Locations: SEOUL, South Korea, North, North Korea, Seoul, colluding, Washington, U.S, Pyongyang, United States, Russia, Democratic People’s Republic of Korea

☆ The Fed finally cut interest rates. Here's what comes next.
▼ + stars: | 2024-09-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +3 min

The Federal Reserve didn't hold back when it cut interest rates for the first time in more than four years. In a press conference after the announcement, Powell said he believes the economy is moving in the right direction. iStock; BISo what does this rate cut mean for … everything? Our colleagues at Personal Finance Insider have covered the eventual impacts the rate cut will have on various financial products. Let's start with mortgage rates, since that's an area people naturally think of when it comes to interest rates.

Persons: —, Jerome Powell, Powell, you'll, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Federal, Business, Finance Locations: New York, London

☆ Hollywood has a big problem with how people are watching TV these days
▼ + stars: | 2024-08-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, viewers are opting for free TV, and that's throwing a massive wrench in Hollywood's plans . AdvertisementBut first, what's on (free) TV? The big storyChanging channelsGetty Images; iStock; Natalie Ammari/BIIf the best things in life truly are free, Hollywood is about to learn a brutal lesson. But what's really caught people's attention over the past year has been "free, ad-supported TV" or FAST services. Figuring out how to make money from free TV is a big enough problem.

Persons: —, Natalie Ammari, upend, Insider's Lucia Moses, what's, Andy Kiersz, Fox's Tubi, Gen Z, that's, Jenny Chang, Rodriguez, cofounders, John Overdeck, David Siegel, Carter Lyons, Scott Hoffman, Warren Buffett's, Berkshire Hathaway, Buffett, Noah Berger, Chelsea Jia Feng, Jensen Huang, Alyssa Powell, Banks, Sam Altman's, Kamala Harris, Tim Walz's, Dana Bash, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Tech, Hollywood, Nielsen, Netflix, Paramount, Pluto, Comcast, Warner Bros . Discovery, YouTube, Getty, Big Tech, Chelsea, Menlo Ventures, CNN Locations: Berkshire, A16z, New York, London

☆ New AI tools are helping workers bluff their way through interviews
▼ + stars: | 2024-07-09 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at how new AI tools are helping workers bluff their way through interviews . Some people have built homemade AI tools to help interviewees, releasing them online for free. A startup developing AI-powered tools for job seekers, Final Round AI offers an AI résumé builder, a cover letter writing service, and a mock interview tool. He's not the only one looking to AI to change the interview process. Others say banning AI chatbots in interviews is like prohibiting calculators during math tests — if workers can use the tech in their jobs, why not in the interview process, too?

Persons: —, I'm Jordan Parker Erb, Dan DeFrancesco, Alo, They're, Jenny Chang, Rodriguez, Rob Price, Michael Guan, He's, Rebecca Zisser, Rob, BI's Melia Russell, Melia, Guan, Jerome Powell, William McChesney Martin, Powell, Chip Somodevilla, Joe Biden's, Howard, Alan Howard's, Brevan Howard, Tyler Le, Francisco's, Leonid Shteyn, execs, Joe Arden, Joe Biden, Harvey Weinstein, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen, Lisa Ryan Organizations: Service, Business, Reserve Bank, Markets, Getty, Taiwan Semiconductor Manufacturing Company, Apple, of America, Paramount, NATO, Prosecutors Locations: Silicon Valley, Washington , DC, U.S, New York, London

☆ Morgan Stanley's guide to investing in AI as use of the technology spreads
▼ + stars: | 2024-03-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Morgan Stanley is offering up alternative ways to play artificial intelligence beyond the usual tech "enablers" that have come to dominate investor attention. A report issued Tuesday entitled "15 Ways to Play AI" anticipates a "broadening out of the AI theme over the remainder of 2024 and into 2025" and notable AI adoption in areas such as gaming, education and biotechnology. The study, an outgrowth of Morgan Stanley's technology, media and telecom investment conference last week, highlights "the Tech Diffusion theme from all angles and all geographies." Against this backdrop, here are some of Morgan Stanley's top picks as AI broadens out: Several popular technology stocks made the list alongside AI mainstays such as Nvidia , Microsoft and Alphabet . Morgan Stanley included workplace management software company Asana on two of its AI lists, one of companies that are likely to get a productivity boost from AI, and another that highlighted "Global Adopters" of AI.

Persons: Morgan Stanley, Morgan, Edward Stanley, —, Stanley, Morgan Stanley's, Oracle, Asana, Baker Hughes, Prologis, AbbVie Organizations: Microsoft, Meta, Edge, Companies, Nvidia, Apple, Baidu, Palantir Technologies Locations: London, Europe, ASAN

☆ Danaher's new acquisition is the latest sign the health-care firm is staging a quiet recovery
▼ + stars: | 2023-12-05 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

And with the company set to close a key acquisition this week, Danaher's stock is set up for a stronger 2024. On Tuesday, Danaher stock fell about 1.75%, to $218.25 per share. 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: Rainer Blair, Blair, Danaher, Jeff Marks, we've, Danaher's, Jim Cramer's, Jim Cramer, Jim, Igor Golovniov Organizations: British, Danaher, CNBC, Danaher Corporation, Lightrocket, Getty Locations: Danaher, Veralto

Bunge Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOct 5 (Reuters) - Shareholders of global grains merchant and oilseeds processor Bunge (BG.N) approved the company's acquisition of Glencore-backed (GLEN.L) Viterra during a shareholder meeting on Thursday, Bunge said in a statement. The merger, which will create a company worth $34 billion including debt, is expected to be finalized in mid-2024 after closing conditions are met and regulators have signed off on the deal, Bunge said. Bunge shareholders on Thursday also approved the issuance of 65,611,831 common shares and a move of Bunge's incorporation to Switzerland from Bermuda. Bunge's Viterra acquisition would make the world's largest oilseed processor more dominant as it aims to capitalize on soaring demand for vegetable oils to produce biofuels.

Persons: Dado Ruvic, Bunge, Archer, Greg Heckman, Karl Plume, Tom Hogue Organizations: Bunge, REUTERS, Daniels, Midland, Cargill, Thomson Locations: Switzerland, Bermuda, Chicago

☆ Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
▼ + stars: | 2023-05-30 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to diversify the revenue mix to support its USDT stablecoin. The company said Tuesday that it plans to invest its resources into renewable energy production, marking its first foray into the energy sector. Tether is also on the hunt for "experts in the area" to support its expansion into the renewable energy space, it said. "By harnessing the power of Bitcoin and Uruguay's renewable energy capabilities, Tether is leading the way in sustainable and responsible Bitcoin mining," said Paolo Ardoino, CTO of Tether. "Our unwavering commitment to renewable energy ensures that every Bitcoin we mine leaves a minimal ecological footprint while upholding the security and integrity of the Bitcoin network."

People were sharing photos online from their phones. Since then, Casetify has sold more than 15 million phone cases, topping $300 million in annual revenue last year, according to the company. Early on, Ng sent messages to anyone he saw with lots of Instagram followers, asking if they wanted to turn their photos into customized phone cases. Casetify has also expanded its product offerings — which now include a variety of accessories beyond phone cases — and shifted away from only selling online. In 2018, Nordstrom started selling Casetify products before the startup opened its own retail store in Hong Kong in 2020.

☆ Morgan Stanley sees these names rebounding after heavy tax-loss selling at the end of 2022
▼ + stars: | 2023-01-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

With a new year underway, there's an opportunity to scoop up some names that investors sold to save on taxes in 2022, according to Morgan Stanley. In fact, Morgan Stanley fielded more inquiries on tax-loss selling strategies in 2022 than in any other year, analyst Todd Castagno wrote in a note Friday. Morgan Stanley looked for those popular stocks that have derated but may be repurchased once the tax loss is realized. Plug Power has the most upside to Morgan Stanley's price target — a whopping 288%. Morgan Stanley named the solar energy company a top pick after the Inflation Reduction Act was signed into law in August.

☆ FTX flameout showed investors bought crypto for the wrong reasons. Why most are hoping that'll change in 2023
▼ + stars: | 2022-12-18 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

In some ways, disgraced FTX CEO Sam Bankman-Fried helped bring more legitimacy to crypto, pushing it further into the mainstream. Decentralized finance has exploded in popularity, but there are other uses for digital assets that people are excited about. Now is a good time for investors to gain knowledge, and doing so would help them solidify their crypto investment thesis in 2023, he said. Specifically, Blumberg added, leaving funds on centralized exchanges is far more dangerous than keeping custody of funds yourself. "The smart investors are seeing this and remembering that what we have here is a fixed supply and, growing demand."

☆ Vanguard says 60-40 investing strategy is not dead and will work out again for investors
▼ + stars: | 2022-11-16 | by ( Patti Domm | In | ) www.cnbc.com time to read: +4 min

After ugly losses in both stocks and bonds, many investors have written off the 60/40 investing strategy. The 60/40 strategy is on track for its second worst year ever, down about 14.5% in 2022 as of Oct. 31, Vanguard found. They fear that 60/40 doesn't work anymore," said Roger Aliaga-Diaz, Vanguard chief economist, Americas and global head of portfolio construction. Brighter prospects ahead The beauty of the 60/40 strategy is that the two asset classes work as a hedge against the other. Vanguard has funds based on the 60/40 strategy.

But shares fell more than 7% after the bank said its 2024 costs would be higher than anticipated, with revenue and operating profit for that year missing analysts' current forecasts. Net profit of 195 million euros in the quarter compares with a profit of 403 million a year earlier. Analysts had expected profit of 116 million euros on average in a consensus forecast published by the bank. Looking ahead to 2024, the bank said it now expects operating profit of 3.2 billion euros, below analysts' expectations. In a note, Deutsche Bank analysts said the forecast was "below consensus" and asked, "How conservative is the 2024 guidance?"

☆ Why this could be the best opportunity in years to buy investment grade corporate bonds
▼ + stars: | 2022-10-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

The Bloomberg Corporate Index , which measures the investment grade corporate bond market, has lost 19.97% year to date, as of Tuesday's close, while the S & P 500 is down 19.03%. Many believe that's created an opportunity to move into investment-grade corporate bonds. Investors can buy corporate bonds in $1,000 increments or through a diversified exchange traded fund. Investing in a fund One way to get exposure to the corporate bond market is through an ETF, such as the iShares iBoxx $ Investment Grade Corporate Bond ETF . Corporate investment grade debt funds have seen $139.7 billion in outflows so far this year, according Refinitiv Lipper.

☆ Russia unleashes its anger on Ukraine with brutal strikes — but it has big problems on the battlefield
▼ + stars: | 2022-10-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Cars are seen on fire after Russian missile strikes, as Russia's attack continues, in Kyiv, Ukraine October 10, 2022. Ukraine's leadership has said it will not be intimidated by the latest spate of attacks, with President Volodymyr Zelenskyy vowing to inflict more pain on Russian forces on the battlefield. Supplies running outDespite Moscow's recent show of strength in the last day or so, experts say Russia's forces are looking increasingly desperate and ill-equipped. "Russia's forces are exhausted. Destroyed armored vehicles and tanks belonging to Russian forces, after they withdrew from the city of Lyman in the Donetsk region in Ukraine on Oct. 5, 2022.

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