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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft is a leader in tech and a good stock, says Alger' CEO Dan ChungDan Chung, Alger CEO, joins 'Closing Bell' to discuss his outlook for Microsoft and Meta ahead of the companies reporting earnings.
Persons: Alger, Dan Chung Dan Chung Organizations: Microsoft
The U.S. presidential election is fast approaching, but it may not have as much an impact on markets as people may think, some investors say. History suggests the strong performance bodes well for a post-election pop into year's end. When Trump was elected in the 2016 presidential election, investors expected energy would perform well — but the subsequent two years proved unfavorable for the sector. During the 2000 election, volatility lasted for more than 30 days, through December. "We encourage investors to keep their long-term objectives in mind during periods of uncertainty and position for election related volatility," Guerra wrote.
Persons: Donald Trump, Kamala Harris, Trump, Harris, Sam Stovall, Stovall, Joe Biden's, Dan Chung, John Stoltzfus, Morgan Stanley, Morgan Stanley Wealth Management's Monica Guerra, Guerra, Ross Mayfield, Baird Organizations: U.S, NBC News, Republican, Dow Jones Industrial, CFRA, Oppenheimer Asset Management, Presidency, Senate, Republicans, Trump, Morgan Stanley Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with JPMorgan’s Gabriela Santos and Alger’s Ankur CrawfordJPMorgan’s Gabriela Santos and Alger’s Ankur Crawford, join 'Closing Bell' to discuss markets, CapEx and earnings.
Persons: JPMorgan’s Gabriela Santos, Alger’s Ankur Crawford JPMorgan’s Gabriela Santos, Alger’s Ankur Crawford
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe hyperscalers revenue will come just slowly, says Alger’s Ankur CrawfordJPMorgan’s Gabriela Santos and Alger’s Ankur Crawford, join 'Closing Bell' to discuss markets, CapEx and earnings.
Persons: Alger’s Ankur Crawford JPMorgan’s Gabriela Santos, Alger’s Ankur Crawford
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2025-2028 will be big CapEx years for the hyperscalers, says Alger's Ankur CrawfordAnkur Crawford, Alger executive VP, joins 'Closing Bell' to discuss her tech outlook and playbook.
Persons: Alger's Ankur Crawford Ankur Crawford, Alger
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlger's Crawford on big tech rebound attempt from $1 trillion wipeout: Much worry about nothingAnkur Crawford, Alger portfolio manager, joins 'Squawk on the Street' to discuss why she's not worried about the shake up in big tech as it attempts to rebound from a $1 trillion wipeout.
Persons: Alger's Crawford, Ankur Crawford, Alger, she's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Trivariate Research CEO Adam Parker and Alger’s Ankur CrawfordTrivariate Research CEO Adam Parker and Alger’s Ankur Crawford, join 'Closing Bell' to discuss the markets, the state of the consumer and the potential for a Fed cut.
Persons: Adam Parker, Alger’s Ankur Crawford Organizations: Trivariate, Alger’s Ankur Crawford Trivariate
Ankur Crawford, who co-manages the top-1% Alger Capital Appreciation Fund (ACAAX) and top-3% Alger Spectra Fund (SPECX), has done just that. But many in markets believe that AI stocks' feverish rally is running out of steam as investors rotate away from technology companies. But both funds target two types of growth stocks, Crawford said: high-unit-volume powerhouses that control their industries, and established firms in the midst of a significant makeover. "They're usually market-dominant players; they're changing their markets," Crawford said of the former group. 6 top growth stocks to buy nowAfter outlining the strategy that her funds follow, Crawford named six stocks she's bullish on that are in both funds.
Persons: , Ankur Crawford, Crawford Organizations: Service, Business
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia will continue to experience many corrections along the way, says Alger CEOAlger CEO Dan Chung joins 'Closing Bell' to discuss Nvidia, the tech run, and valuations.
Persons: Alger, Dan Chung Organizations: Nvidia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe 'Magnificent 7' should have another good earnings season, says Alger's Ankur CrawfordAnkur Crawford, Alger EVP, joins 'Closing Bell' to discuss Nvidia and if she expects the stock to have more upside from here.
Persons: Alger's Ankur Crawford Ankur Crawford Organizations: Nvidia Locations: Alger
O’KEEFE: “The Loves of Theodore Roosevelt” argues that the most masculine president in the American memory is actually the product of unsung and extraordinary women. Theodore Roosevelt with his second wife, Edith Carow Roosevelt, and his first five children in the mid-1890s. I had this fascinating conversation with Connie Roosevelt, who is the wife of Theodore Roosevelt IV (Teddy’s great-grandson). I love Robin Williams and the depiction in “Night at the Museum,” but that’s a cartoon of Theodore Roosevelt. Theodore Roosevelt, like his distant cousin Franklin Roosevelt, was considered a traitor to his class.
Persons: CNN — Theodore Roosevelt, Roosevelt, , Theodore Roosevelt, Edward O’Keefe, Buyenlarge, Theodore Roosevelt ”, Mount Rushmore, Anna, Corinne, Alice, Mittie, Martha, Edith Carow Roosevelt, Connie Roosevelt, Theodore Roosevelt IV, Connie, , that’s, didn’t, Robin Williams, who’s, WOLF, he’s, Horatio Alger, Franklin Roosevelt, Politics, Theodore Sr, Biden WOLF, Joe Biden, There’s, Josh Hawley, , I’ve, Edith, He’s, Kristi Noem, they’ve, Josiah, Emily, Theodore Roosevelt’s Organizations: CNN, Republican Party, Theodore Roosevelt Presidential Library Foundation, Roosevelt, Rough Riders, FPG, National Parks Conservation Association, Museum, of Congress, North Dakota —, Senate, South Dakota Gov, White Locations: North Dakota, Mount, Cuba, , Africa, Europe, America, Missouri, Dakota, South Dakota, New York, Sagamore, Oyster
Jackson valued the four tickets at $3,711.84, according to her annual disclosure form, which covered all of 2023. Supreme Court Justice Ketanji Brown Jackson disclosed receiving concert tickets from pop superstar Beyoncé, one of several notable items revealed Friday in the high court's latest financial disclosure reports. The Beyoncé tickets may have been the flashiest gifts given last year to a member of the nation's most powerful court, but they were not the only ones. The most recent justice to join the high court also disclosed more income from a book than any of her colleagues last year, the filings showed. Jackson is the only justice on the court who was nominated by President Joe Biden.
Persons: Jackson, Ketanji Brown Jackson, Beyoncé, Kamala Harris, Joe Biden, Clarence Thomas, Terrence Giroux, Alger, Barbara, Thomas, Harlan Crow, Crow Organizations: Supreme, D.C, Penguin Random, Alger Association, Republican Locations: Washington, Bali , Indonesia, Monte Rio , California
CNN —The recent and bizarre attempt to wrest control of Graceland, the Memphis, Tennessee, home of the late Elvis Presley, set off a number of red flags. But Elvis represents something different from Gilded Age robber barons such as Rockefeller and Carnegie, whose American Dream was fundamentally about the accumulation of wealth. “Seems we was always in debt,” recalled Gladys Presley, Elvis’s mother. Fans walk by the entrance to Graceland, the home of Elvis Presley, on August 14, 2007, in Memphis, Tennessee. Immediately after moving into Graceland, Elvis, the ultimate consumer, began renovations.
Persons: Michael T, Bertrand, , Elvis Presley, Presley, Elvis, Priscilla, Lisa Marie, Riley Keough, , John D, Rockefeller, Andrew Carnegie, Ida Harris, Gladys Presley, Elvis’s, , ” Stephen Galvin, Joe Raedle, Gladys, throwed, Stan Honda, Horatio Alger, Graceland, Andrew Carnegie’s Organizations: Tennessee State University, CNN, Rockefeller, Carnegie, Getty, White Locations: Memphis , Tennessee, East Tupelo , Mississippi, Memphis, United States, Bluff City, Bryan , Texas, Graceland, AFP, drawl, Hollywood, Las Vegas, New York, Manhattan, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe pace at which Nvidia is innovating is 'unprecedented,' says Alger's Ankur CrawfordAnkur Crawford, executive vice president and portfolio manager at Alger, joins 'Squawk on the Street' to discuss what investors should do with Nvidia's stock after this week, how to determine where we are in AI's investment cycle, and more.
Persons: Alger's Ankur Crawford Ankur Crawford Organizations: Nvidia, Alger
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBad news is good news for the market again, says Alger's Ankur CrawfordAnkur Crawford, Alger, joins 'Closing Bell' to discuss Google's stock as the company launches new AI tech at its I/O event.
Persons: Alger's Ankur Crawford Ankur Crawford, Alger
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValuation gap between small and large caps is still very large, says Amy ZhangAmy Zhang, Executive Vice President and Portfolio Manager at Alger, makes the bull case for small-caps.
Persons: Amy Zhang Amy Zhang
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig tech earnings will be bifurcated, says Alger's Ankur CrawfordAnkur Crawford, executive vice president and portfolio manager at Alger, joins CNBC's 'Closing Bell' to discuss big tech earnings, Fed rate cuts, and more.
Persons: Alger's Ankur Crawford Ankur Crawford Organizations: Alger
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI will drive growth in multiple sectors in Q2, says Alger CEO Dan ChungDan Chung, CEO of Alger, joins CNBC's 'Closing Bell' to discuss his playbook for Q2, expectations for a bull run, and sectors to keep an eye on.
Persons: Dan Chung Dan Chung, Alger
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple, Google and Tesla are now becoming un-magnificent, says says Alger's CrawfordAnkur Crawford, Alger EVP and portfolio manager, joins 'Closing Bell' to discuss the bifurcation in the mega cap stocks, Crawford's thoughts on Apple, and why Apple's stock isn't given the benefit of the doubt with AI.
Persons: Alger's Crawford Ankur Crawford Organizations: Apple, Google Locations: Alger
Still very early on in the AI megacycle, says Alger's Crawford
  + stars: | 2024-02-15 | 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 EmailStill very early on in the AI megacycle, says Alger's CrawfordAnkur Crawford, portfolio manager at Alger, joins 'Squawk on the Street' to discuss where we are in the AI megacycle regarding stock performance, at what point Nvidia's earnings results normalize, and more.
Persons: Alger's Crawford Ankur Crawford Organizations: Alger
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Alger's Ankur Crawford and JPMorgan's Meera PanditAnkur Crawford, Alger EVP and Meera Pandit, JPMorgan Asset Management, join 'Closing Bell' to discuss markets, Microsoft ahead of its earnings and their tech playbooks.
Persons: Alger's Ankur Crawford, JPMorgan's Meera Pandit Ankur Crawford, Meera Pandit Organizations: JPMorgan Asset Management, Microsoft Locations: Alger
If you asked Ginni Rometty's mom how she managed to raise four high-powered executives, she'd be as stunned as you are. "My mom [is] always like, 'How did this happen?,'" Rometty, the former CEO of IBM, said on Wednesday at the World Business Forum summit. Rometty's youngest sister, Darlene Nicosia, is the CEO of food manufacturing company Hearthside Food Solutions. One particular lesson from their mom helped them all grow into successful adults, Rometty said: "Never let someone else define who you are." Her mom — who didn't have a job at the time, Rometty told the Horatio Alger Association in 2016 — managed to land a job at a local hospital.
Persons: Ginni, she'd, she'll, Darlene Nicosia, Anette Rippert, Joe Nicosia, Louis Dreyfus, Rometty, Organizations: IBM, World, Food Solutions, Accenture, Louis Dreyfus Company, Horatio Alger Association
Pablo Picasso's 1932 painting "Femme a la Montre" is displayed at an auction at Sotheby's, in New York City, U.S., November 8, 2023. REUTERS/Ben Kellerman Acquire Licensing RightsNEW YORK, Nov 8 (Reuters) - Pablo Picasso’s 1932 painting “Femme à la montre” sold for more than $139 million on Wednesday at a Sotheby’s New York auction, making it the most valuable work of art sold globally at an auction this year. “Femme à la montre,” which translates from French to “Woman with a Watch,” is a portrait of the artist’s lover Marie-Thérèse Walter seated in a throne-like chair against a blue background. Walter became his subject for a number of artworks, including the 1932 painting "Femme nue couchée," which sold for $67.5 million at auction in 2022. Picasso painted “Femme à la montre” at a pivotal year in his career.
Persons: Pablo Picasso's, Ben Kellerman, Pablo Picasso’s, , Emily Fisher Landau, , Marie, Thérèse Walter, Picasso, Olga Khokhlova, Walter, Khokhlova, Fisher Landau, Rod Nickel Organizations: REUTERS, Tate, York’s Pace, Thomson Locations: Sotheby's, New York City, U.S, New York, York, Christie’s, Ukrainian, Paris, Manhattan
Nia Grant graduated from Clemson University in 2022 with about $30,000 — in her bank account, not in loans. Grant's road to post-grad prosperity started in high school, where she estimates she applied for between 60 and 70 scholarships. She won about a dozen, including awards from the Horatio Alger Foundation, UNCF and the Bill and Melinda Gates Foundation. With the cost of her education covered, Grant didn't feel she had to wait until graduation to start building her financial future. Resources vary from school to school, but one is available virtually everywhere and tends to be the most overlooked by students looking to get ahead, she says.
Persons: Nia Grant, Horatio Alger, Melinda Gates, Grant didn't, Grant, edu Organizations: Clemson University, Horatio Alger Foundation, UNCF, Melinda Gates Foundation, National Renewable Energy Laboratory, Procter & Gamble, JPMorgan, Dow, Cash, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI adoption looks like 'structural imperative' for all companies, says Alger's Ankur CrawfordAnkur Crawford, executive vice president at Alger, joins 'Closing Bell' to discuss what investors should listen for during this week's mega cap earnings, the need for clarity about Google's AI product cycle, and differences between software and hardware tech companies.
Persons: Alger's Ankur Crawford Ankur Crawford
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