DIRS.INFO The most relevant business & tech news

☆ Israel just announced an evacuation plan for a city near the Lebanese border
▼ + stars: | 2023-10-20 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael just announced an evacuation plan for a city near the Lebanese borderIsrael announced an evacuation plan on Friday for Kiryat Shmona, one of the biggest towns on the country's northern border with Lebanon. The order comes amid Hezbollah and Israel exchanging fire along the border in recent days. Meanwhile, U.S. President Joe Biden thanked the governments of Qatar and Israel later on Friday for assisting with the release of two U.S. citizens held hostage by Hamas.

Persons: Kiryat Shmona, Joe Biden Organizations: Israel Locations: Lebanese, Israel, Lebanon, Qatar

☆ Friday, Oct. 20, 2023: The Club previews earnings for 10 holdings in the Charitable Trust
▼ + stars: | 2023-10-20 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Friday, Oct. 20, 2023: The Club previews earnings for 10 holdings in the Charitable TrustDirector of Portfolio Analysis, Jeff Marks, previews earnings for 10 names in the portfolio that are set to report next week. Jeff talks about a more defensive attitude in the market amid regional banks' recent quarterly results. Finally, Jeff discusses Friday morning's consumer spending data and how he says it points to the resilience of the U.S. consumer.

Persons: Jeff Marks, Jeff Organizations: Charitable

☆ Israel's Netanyahu warns of 'long war' during meeting with British PM
▼ + stars: | 2023-10-19 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael's Netanyahu warns of 'long war' during meeting with British PMIsraeli Prime Minister Benjamin Netanyahu warned the Israel-Hamas war is going to be "long" during his meeting with British Prime Minister Rishi Sunak on Thursday, requesting "continuous support." This comes as the World Health Organization said its aid trucks are "loaded and ready to go" as soon as the Rafah border crossing opens. Amid the ongoing war, tents for Palestinians seeking refuge have been set up at a United Nations Relief and Works Agency center in the southern Gaza Strip.

Persons: Israel's Netanyahu, Benjamin Netanyahu, Rishi Sunak Organizations: British, Israeli, World Health Organization, United Nations Relief, Works Agency Locations: Israel, Rafah, Gaza

☆ Thursday, Oct. 19, 2023: The Club dissects recent earnings results
▼ + stars: | 2023-10-19 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Thursday, Oct. 19, 2023: The Club dissects recent earnings results and potential portfolio impactsDirector of Portfolio Analysis Jeff Marks, discusses two company's earnings reports and how the results may correlate with portfolio holdings in those sectors. Jeff talks about the 10-year yield approaching 5% and what that means for tech stocks in the Charitable Trust. Finally, Jeff explains why the announcement of this retail CEO stepping down doesn't change his view on keeping the Club invested in its stock.

Persons: Jeff Marks, Jeff Organizations: Charitable, Club

☆ Chinese officials urge cease-fire in Israel-Hamas war as Gaza awaits ground invasion
▼ + stars: | 2023-10-16 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese officials urge cease-fire in Israel-Hamas war as Gaza awaits ground invasionDuring his meeting with Russian counterpart Sergey Lavrov and other officials on Monday, Chinese Foreign Minister Wang Yi urged a cease-fire in the Israel-Hamas war. Later that day, Israel's Defense Minister Yoav Gallant warned U.S. Secretary of State Antony Blinken that the ongoing conflict "will be a long war." Meanwhile, another White House official expressed hope that the Rafah crossing, which is the only transit point out of the Gaza Strip, will be opened for a few hours.

Persons: Sergey Lavrov, Wang Yi, Yoav Gallant, Antony Blinken Organizations: Israel's, White Locations: Israel, Gaza, Rafah

☆ Civilians scramble to flee north Gaza ahead of expected Israeli ground offensive
▼ + stars: | 2023-10-13 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCivilians scramble to flee north Gaza ahead of expected Israeli ground offensiveResidents of north Gaza have begun to flee south of the Wadi Gaza river, after an evacuation call from Israeli military. Palestinian militant group Hamas has rejected the order, as concerns mount over the possibility of an Israeli incursion into the Gaza Strip. Egypt's foreign ministry warned against the evacuation order on Friday, stating that such a move constitutes a "grave violation" of international humanitarian law and poses dangers to the lives of Gaza residents.

Organizations: Hamas Locations: Gaza, Palestinian

☆ Israel has ordered a "complete siege" of the Gaza Strip after surprise attack from Hamas
▼ + stars: | 2023-10-09 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael has ordered a "complete siege" of the Gaza Strip after surprise attack from HamasIsraeli Defense Minister Yoav Gallant said on Monday that Israel is cutting off electricity, fuel, and food supplies to the Gaza Strip. Israel's minister of energy and infrastructure Israel Katz also ordered the immediate cut off of water supplies. This siege comes as Israeli Defense Forces spokesman Rear Admiral Daniel Hagari said in a televised briefing that Israel has drafted 300,000 reservist troops, which is the largest call-up in the country's history.

Persons: Yoav Gallant, Israel Katz, Daniel Hagari, Israel Organizations: Israel, Israeli, Israeli Defense Forces Locations: Gaza, Israel

☆ Jailed Iranian activist Narges Mohammadi just won the 2023 Nobel Peace Prize
▼ + stars: | 2023-10-06 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJailed Iranian activist Narges Mohammadi just won the 2023 Nobel Peace PrizeNarges Mohammadi, an Iranian activist currently serving multiple sentences in Tehran's Evin Prison, won the Nobel Peace Prize on Friday for fighting against women's oppression in the country and promoting human rights. Mohammadi, 51, has frequently been arrested for her efforts assisting jailed activists and their families, with her first arrest taking place in 2011. Mohammadi is the 19th woman to win the award and the second Iranian woman after human rights lawyer Shirin Ebadi won in 2003.

Persons: Narges Mohammadi, Mohammadi, Shirin Ebadi Locations: Iranian, Evin

☆ Rep. Kevin McCarthy was ousted as House speaker—Here's what's next for Congress and the GOP
▼ + stars: | 2023-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Kevin McCarthy was ousted as House speaker—Here's what's next for Congress and the GOPRepublican Rep. Patrick McHenry of North Carolina is now the interim speaker until a new permanent speaker is elected. The GOP conference could nominate their candidate for speaker as soon as next week.

Persons: Kevin McCarthy, — Here's what's, Patrick McHenry of Organizations: Congress, GOP Republican Rep, GOP Locations: Patrick McHenry of North Carolina

☆ Congress just voted to oust Rep. Kevin McCarthy as House speaker for the first time in history
▼ + stars: | 2023-10-03 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCongress just voted to oust Rep. Kevin McCarthy as House speaker for the first time in historyCongress just voted to oust Rep. Kevin McCarthy as House speaker, which is the first time in history that the chamber has removed its leader. Republican Rep. Patrick McHenry of North Carolina was appointed to lead the House of Representatives as speaker pro tempore. McHenry, a McCarthy ally, declared the House in recess following the vote.

Persons: Kevin McCarthy, Patrick McHenry of, McHenry, McCarthy Organizations: Republican Locations: Patrick McHenry of North Carolina

☆ Sphere Entertainment shares surged more than 10% on Monday — all thanks to U2
▼ + stars: | 2023-10-03 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSphere Entertainment shares surged more than 10% on Monday — all thanks to U2Sphere Entertainment shares surged more than 10% on Monday following a successful opening weekend of the company's new Sphere venue in Las Vegas. The venue's opening featured two concerts by the rock band U2, both of which appeared to draw large audiences. Sphere Entertainment's market cap remains around $1.4 billion.

Organizations: Entertainment, Sphere Entertainment Locations: Las Vegas

☆ Tokyo-based startup Tsubame Industries just unveiled its massive human-piloted robot
▼ + stars: | 2023-10-02 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTokyo-based startup Tsubame Industries just unveiled its massive human-piloted robotTsubame Industries, a Tokyo-based startup, just unveiled its massive human-piloted robot. The four-wheeled robot named ARCHAX, which bears some resemblance to "Mobile Suit Gundam" from the popular Japanese animation series, is about 15-feet tall and weighs 3.5 tons. Tsubame CEO Ryo Yoshida plans to sell five units of the robot for nearly $3 million each.

Persons: Ryo Yoshida Organizations: Industries, Mobile Locations: Tokyo

☆ Former President Donald Trump criticizes electric vehicles to woo autoworkers
▼ + stars: | 2023-09-28 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer President Donald Trump criticizes electric vehicles to woo autoworkersAt a Detroit rally Wednesday, Trump criticized electric vehicles, claiming that the EV pivot would kill the U.S. auto industry. The move was seen as an attempt to woo blue-collar autoworkers. His remarks come one day after President Biden joined the striking auto workers on the picket line, a historic move for a sitting president.

Persons: Donald Trump, autoworkers, Trump, Biden Organizations: Detroit Locations: U.S

☆ Travis Kelce jersey sales surge after Taylor Swift surprise appearance at Chiefs game
▼ + stars: | 2023-09-27 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravis Kelce jersey sales surge after Taylor Swift surprise appearance at Chiefs gameAfter Taylor Swift attended a Chiefs game, a Fanatics rep told WNBC that sales for Travis Kelce's No. 87 jersey surged nearly 400% on Sunday. The rep also said Kelce was "one of the top-five selling NFL players." Dating rumors took off fast after Swift was spotted watching the game from a suite with Kelce's mom. The singer is on a break from her Eras Tour, which resumes Nov. 9.

Persons: Travis, Taylor Swift, Travis Kelce's, Kelce, Swift Organizations: Chiefs, WNBC

☆ Biden announces $325 million security aid package for Ukraine during Zelenskyy visit
▼ + stars: | 2023-09-22 | by ( Sean Conlon | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden announces $325 million security aid package for Ukraine during Zelenskyy visitAfter a visit to the United Nations, Ukrainian President Volodymyr Zelenskyy met with President Joe Biden in the Oval Office as part of his trip to Washington D.C. to lobby for more aid in his country's fight against Russia. While Zelenskyy was in the U.S., Russia launched strikes on multiple Ukrainian cities leaving several dead and dozens wounded. During the White House meeting, the Biden administration announced a $325 million security aid package for Kyiv which includes AIM-9M missiles.

Persons: Biden, Zelenskyy, Volodymyr Zelenskyy, Joe Biden Organizations: United Nations, Washington D.C, Russia, AIM, 9M Locations: Ukraine, Ukrainian, Washington, U.S, Russia, Kyiv

☆ ‘Not just a fad’: Firm launches fund designed to capitalize on A.I. boom
▼ + stars: | 2023-06-03 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI & Technology ETF (CHAT) less than 20 days ago. It's the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies. Mazza notes the fund includes not just pure play AI companies like C3.ai but also large-cap tech companies such as Microsoft and AI chipmaker Nvidia . His bullish forecast comes amid concerns AI is a price bubble that will pop and take down the Big Tech rally.

Persons: Dave Mazza, Richard Bernstein, Dan Suzuki —, — Organizations: Roundhill Investments, Technology, Microsoft, Nvidia, Big Tech, Richard Bernstein Advisors

☆ Consumers are starting to fire up China's pandemic-battered economy, two ETF experts find
▼ + stars: | 2023-05-27 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The National Bureau of Statistics of China reports retail sales have been increasing since last November. "We're seeing the incremental rebound from the Chinese consumer," the firm's chief investment officer told " ETF Edge " this week. China's pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares' Brendan Ahern. "Domestic travel [is] rebounding … but we've yet to see that from the international sector," the ETF provider's CEO said. Rhind told CNBC in a special interview later in the week that international travel from China could start to rebound this summer following a sluggish start.

☆ Investor behind top tech fund warns mega-cap rally is running on fumes
▼ + stars: | 2023-05-20 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

The investor behind a top 10 global ETF sees a bearish trend in the Big Tech rally. Anna Paglia, who oversees the tech-heavy Invesco QQQ Trust , sees signs investors are starting to take a defensive approach to the group. Two other top holdings, Meta Platforms and Nvidia , are up more than 100% for the year. "People don't know if … this performance is only driven by the mega caps or if there's more in there," she said. "We are still firm believers in the QQQ, but it's a wait and see for our clients," she said.

☆ Major natural gas investor sees signs prices are bottoming
▼ + stars: | 2023-05-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

The investor who ran the country's biggest natural gas ETF said he believes prices have hit bottom. John Love, who managed the United States Natural Gas Fund , cites global demand and production dynamics for his bull case. Natural gas prices rose 6% this week and just notched their fourth positive week in five. Since then, several European countries including Germany have announced new LNG, or liquefied natural gas, projects or are expanding existing ones to reduce their dependence on natural gas exports. Teucrium Trading CEO Sal Gilbertie said he believes natural gas has been trying to build a bottom over the past four to six weeks.

☆ This dividend-paying fund may help protect investors during wild market swings
▼ + stars: | 2023-05-06 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

This dividend-paying ETF may help protect investors during wild market swings. "We want strong, powerful dividend growth," the firm's chief investment officer Kevin Simpson told "ETF Edge" on Monday. "We tactically sprinkle in some short-term, out of the money covered calls." When asked about whether selling covered calls forfeits upside reward potential, Simpson claims there's a balance at play. "Covered calls work best when you need them ... [the] most."

☆ Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it
▼ + stars: | 2023-04-29 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to capture the gains from their outperformance. Bartolini lists price momentum as a third driver of the investor shift. His SPDR Euro Stoxx 50 ETF (FEZ) is considered a broad European ETF. While the fund's top holding is LVMH at 7.29%, according to the company's website, Bartolini contends the shift applies beyond luxury stocks and to lower-end consumer stocks. His firm's website lists French cosmetics company L'Oreal — which is up almost 30% this year — as another one of his fund's major holdings.

☆ New ETF makes a big bet on cleaning up the environment
▼ + stars: | 2023-04-22 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

A major ETF provider hopes the grass will get greener for climate-related funds in the United States. Asset manager DWS launched the Xtrackers MSCI USA Climate Action Equity ETF [USCA] this month. To find the companies that yield the best results, Noack notes the MSCI index measures emissions levels of each company and ranks them within each sector. It classifies a company's greenhouse gas emissions into three categories: Scopes 1 and 2 account for emissions produced from a company's owned and controlled sources. Scope 3 accounts for those produced by all activities from its unowned and uncontrolled sources, like customers and suppliers.

☆ This one-of-a-kind suite of ETFs may help investors during economic slumps
▼ + stars: | 2023-04-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Investors may have a new way to generate income during economic declines. Innovator launched a one-of-a-kind suite of barrier ETFs this month that provides protection by purchasing U.S. Treasurys and selling equity options. "If you can pair [a barrier ETF] with the fixed income, it offers a tremendous amount of diversification benefits." Innovator, an outcome-based ETF issuer, launched these products last week: Premium Income 10 Barrier ETF, Premium Income 20 Barrier ETF, Premium Income 30 Barrier ETF and Premium Income 40 Barrier ETF. Protecting against losses up to 10%, 20%, 30% and 40%, the funds provide income distribution rates at around 9%, 8%, 6% and 5%, respectively, according to the company's website.

☆ Top chart analyst sees trouble ahead for this retail bellwether beating the market
▼ + stars: | 2023-04-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Trouble may be in store for Walmart — a stock which has been outperforming the major market indexes. Worth sees particular trouble ahead for the stock at $140 level. "The P/E is high-ish, but it's actually not quite as high as it seems because they've been spending, spending, spending," she said. Retail sales recorded a 1% drop in March — a bigger drop than Wall Street was expecting. Walmart shares fell almost 2% last week, but they're up about 5% so far this year.

☆ Major trading platform CEO sees signs of a bond ETF revival
▼ + stars: | 2023-04-07 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Demand for bond ETFs appears to be rising. According to MarketAxess CEO Chris Concannon, there are signs Treasury ETFs are on the cusp of substantial inflows. "We're about to see what I'd call [a] bond renaissance," the electronic-trading platform CEO told CNBC's "ETF Edge" this week. "The Fed is still taking action, so I would expect bond yields overall to remain relatively high and attractive." Meanwhile, it found corporate bond ETFs saw $6 billion in outflows in the first quarterLydon speculates the renewed interest is caused by investors losing faith in traditional 60/40 investment portfolios.

Search resuls for: "Sean Conlon"

25 mentions found