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☆ Earnings playbook: Your guide to the first full week of the reporting season, including Netflix and Goldman
▼ + stars: | 2024-07-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Monday Goldman Sachs is set to report earnings before the bell. This quarter: Morgan Stanley is expected to report earnings per share growth of more than 30%, per LSEG. What history shows: Bespoke data shows United beats earnings expectations 71% of the time. Thursday Netflix is set to report earnings after the bell, with a conference call slated for 4:45 p.m. This quarter: The streaming giant is expected to report earnings per share growth of more than 40%, per LSEG.

Persons: Goldman Sachs, Morgan Stanley, Hugh Son, David Solomon, Goldman, Ted Pick, UAL, Leslie Josephs, NFLX, Goldman's Eric Sheridan, Citi's Jason Bazinet Organizations: Bank of America, Netflix, CNBC, LSEG, Investment, Wednesday United Airlines, Delta, Boeing, Airbus

☆ Here are 5 key things we're watching closely in the stock market this week
▼ + stars: | 2024-07-13 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Three of our Club rate plays — solar panel company Nextracker , Stanley Black & Decker , and Ford — were our top-performing stocks for the week. Friday also ushered in the start of the second quarter earnings season. Earnings Club name Morgan Stanley reports second-quarter earnings before Tuesday's opening bell. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Nextracker, Stanley Black, Decker, Ford —, Wells Fargo, Morgan Stanley, Abbott, Goldman Sachs, Charles Schwab, JB Hunt, Johnson, Ally, Kinder Morgan, Horton, Huntington, Jim Cramer's, Jim Cramer, Jim, Ted Pick, Adam Galici Organizations: Dow Jones, Nasdaq, Big Tech, PPI, Abbott Laboratories, Libre Rio, Bank of America, PNC Financial, PNC, Pinnacle Financial, Housing, U.S . Bancorp, Northern Trust Corporation, Citizens, United Airlines, Alcoa, Steel Dynamics, Green Realty, Taiwan Semiconductor, Nokia, Infosys Technologies, McLennan Companies, T Bank Corp, Forestar, Novartis, Textron, Netflix, PPG Industries, AAR, American Express, Fifth Third Bancorp, Halliburton, HAL, Comerica, CMA, Financial, Jim Cramer's Charitable, CNBC Locations: Wells, BlackRock, BLK, U.S, Marsh, Davos, Switzerland

☆ China's Third Plenum won't reverse market sentiment, strategist says
▼ + stars: | 2024-07-12 | 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 EmailChina's Third Plenum won't reverse market sentiment, strategist saysJasmine Duan, senior investment strategist at RBC Wealth Management Asia, says investors aren't expecting too much from the event.

Persons: Jasmine Duan, aren't Organizations: RBC Wealth Management Asia

☆ Women are set to inherit trillions of dollars in the great 'horizontal wealth transfer'
▼ + stars: | 2024-07-12 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Up to $9 trillion is expected to be passed along to spouses and partners in the coming years as part of what's being called "the horizontal wealth transfer," according to a new report. Yet because surviving spouses and partners typically get the initial inheritances, and because women typically outlive men, bequests in the coming years will largely go to women, according to the UBS Global Wealth Report. UBS calls it the "horizontal wealth transfer," since the wealth is moving intra-generationally rather than intergenerationally. "Most people have a rather feudal idea of wealth going down through generations," said Paul Donovan, chief economist of UBS Global Wealth Management. According to the report, the largest horizontal wealth transfers will be in the Americas.

Persons: Paul Donovan Organizations: UBS Global Wealth, UBS, UBS Global Wealth Management Locations: what's, Americas

☆ Wealth management firm explains why it's bullish on India for the long term
▼ + stars: | 2024-07-12 | 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 EmailWealth management firm explains why it's bullish on India for the long termPolka Mishra of Javelin Wealth Management discusses the flurry of infrastructure projects set to take place in the next two years.

Persons: Mishra Organizations: Wealth, Javelin Wealth Management Locations: India

☆ What's driving Friday's big market comeback, a day after heavy tech selling
▼ + stars: | 2024-07-12 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +5 min

Green day : A lot was working in the stock market on Friday. But it was hard to see through an ugly rotation out of this year's Big Tech winners in favor of more interest rate-sensitive stocks. Many of our hot tech stocks took a breather this week. It's more evidence of why Jim Cramer calls these two names "own, don't trade" stocks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Dow, Russell, Eli Lilly, Lilly, Wells Fargo, NII, toolmaker Stanley Black, Decker, Morgan Stanley, That's, Jim Cramer's, Jim Organizations: CNBC, Big Tech, Federal, Nasdaq, PPI, Fed, Meta, Nvidia, Apple, Ford, Abbott Laboratories, Jim Cramer's Charitable, Financial, Nurphoto, Getty Locations: Morphic, Wells, New York City, Mairo

☆ Despite the tech pullback, there's still more upside in the sector, says BakerAvenue's King Lip
▼ + stars: | 2024-07-12 | 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 EmailDespite the tech pullback, there's still more upside in the sector, says BakerAvenue's King LipKing Lip, BakerAvenue Wealth Management, joins 'Closing Bell' to discuss his tech stock playbook for the second half of the year.

Organizations: Wealth Management

☆ Deflationary forces present in almost every sector in U.S., says UBS Global Wealth's Paul Donovan
▼ + stars: | 2024-07-12 | 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 EmailDeflationary forces present in almost every sector in U.S., says UBS Global Wealth's Paul DonovanPaul Donovan, chief economist at UBS Global Wealth Management, and Jared Woodard, head of research committee at Bank of America Securities, join CNBC's 'The Exchange' to discuss deflation, macro outlooks, and more.

Persons: UBS Global Wealth's Paul Donovan Paul Donovan, Jared Woodard, CNBC's Organizations: UBS Global, UBS Global Wealth Management, Bank of America Securities Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse fails to override veto of SEC crypto guidance, and probe into Stacks ends: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Bill Barhydt, founder and CEO of Abra, a global platform for digital asset prime services and wealth management, weighs in on why the price of bitcoin has been stuck below $60,000.

Persons: explainers, Bill Barhydt Organizations: Email, SEC, CNBC Crypto, CNBC Locations: Abra

☆ The big change that could come for the economy in September
▼ + stars: | 2024-07-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

Wall Street’s expectations for a September rate cut rose to roughly 93% on Thursday from 73% the day before, according to the CME FedWatch Tool. “A September rate cut should be a done deal at this point,” wrote Ron Temple, chief market strategist at Lazard, in a Thursday note. Some economists worry that if the Fed doesn’t cut rates by then, cracks could begin to deepen in the labor market. A September rate cut “may not be the magic elixir some investors are seeking,” wrote Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management, in a Monday note. On an annual basis, consumer prices are increasing at their slowest pace since June 2023, matching the lowest annual rate since early 2021.

Persons: ”, Ron Temple, Jerome Powell didn’t, Brent Schutte, Alicia Wallace, —, Elisabeth Buchwald, McDonald’s, Read Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Lazard, Northwestern Mutual Wealth Management, Bureau of Labor Statistics ’, Taco Bell Locations: New York, Burger

☆ These 3 stocks are set to bounce once the Fed finally lowers interest rates
▼ + stars: | 2024-07-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "This CPI is really in control today," Jim Cramer said. 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, Morgan Stanley, Stanley Black, Decker, Morgan, toolmaker Stanley, Wells, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Big Tech, Federal Reserve, Nvidia, Apple, Microsoft, Street Locations: NII

☆ JPMorgan reports before the bell Friday. What Wall Street is watching
▼ + stars: | 2024-07-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Along with the top- and bottom-line numbers, Wall Street is also keeping close watch on net interest income and guidance. "We see the greatest sources of potential earnings upside being driven by higher loan growth and capital markets." Barclays analyst Goldberg anticipates a slight decrease in net interest income in the second quarter due to a compression in net interest margin. Last year, the company posted $21.9 billion in net interest income for the period. Despite expectations for seasonally lower trading, he also expects strong investment banking activity and net interest income to drive ongoing positive momentum.

Persons: Jason Goldberg, Jamie Dimon, Goldman Sachs, Richard Ramsden, America's Ebrahim Poonawala, Goldberg, Wells, Mike Mayo, Redburn, John Heagerty Organizations: JPMorgan Chase, LSEG, Barclays, JPMorgan, Bank, America's Locations: United States

☆ A lower-risk way to bet Morgan Stanley's upcoming earnings catapult stock to a new high
▼ + stars: | 2024-07-10 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

Let's start with a longer-term chart of Morgan Stanley (MS) , which reports on July 16. A breakout above this level would be a clear bullish signal, with earnings as the catalyst. Morgan Stanley has been investing in building out its wealth management business for years and it now accounts for more than 51% of its revenue. The trade With low implied volatility, options on Morgan Stanley are relatively inexpensive. This strategy leverages the relatively low option premiums due to the low IV Rank, aligning with our bullish technical and fundamental thesis for Morgan Stanley.

Persons: Morgan Stanley Organizations: CNBC, NBC UNIVERSAL

☆ Goldman says investors should start shifting out of cash. Here's where it sees opportunity
▼ + stars: | 2024-07-10 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Investors enjoying juicy yields on their cash should start preparing to shift their strategy, according to Goldman Sachs. People piled into cash instruments like Treasury bills and money market funds as the short end of the yield curve rose alongside Federal Reserve interest rate increases starting in early 2022. Now some $6.15 trillion is sitting in money market funds, as of July 2, according to the Investment Company Institute . There's a "real probability" that could start in September, said Lindsay Rosner, head of multi-sector investing at Goldman Sachs Asset and Wealth Management. While the average spread is around 800 basis points over Treasurys, the bonds are either trading around 300 basis points — too tight for junk bond ratings — or 1,000 basis points or more.

Persons: Goldman Sachs, Lindsay Rosner, —, Rosner, " Rosner Organizations: Federal, Investment Company Institute, Goldman, Wealth Management, Fed, riskier Locations: Goldman Sachs, Treasurys

☆ Achieve financial wellness: Be happier, wealthier and more financially secure
▼ + stars: | 2024-07-10 | by ( Cnbc Make It Staff | ) www.cnbc.com time to read: +2 min

Too much or prolonged financial stress can hurt your health and relationships, and if you don't address it, your existing financial troubles can snowball. Our new online course, Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure, will give you the tools you need to get your money life in order and feel confident about your future. Yanely Espinal, a director of educational outreach at Next Gen Personal Finance and member of the CNBC Global Financial Wellness Advisory Board, who noticed a gap in the education system and has made it her mission to educate young people about how to achieve financial wellness. Kamila Elliott, CEO of wealth management firm Collective Wealth Partners and member of the CNBC Digital Financial Advisor Council, who advises high-net-worth individuals and business owners on their financial planning, tax and investment needs. The most important step on your journey toward financial wellness?

Persons: We'll, You'll, Emmie Martin, Brad T, Yanely, Kamila Elliott Organizations: CNBC, CNBC Digital Financial, Finance, Financial Wellness Advisory Board, Wealth Partners

☆ Number of millionaires to soar globally but plunge in the UK, research finds
▼ + stars: | 2024-07-10 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

LONDON — The number of global millionaires is set to keep rising over the next five years — with the U.K. a stark outlier, according to the 2024 Global Wealth Report from UBS. Gains will be led by tech powerhouse Taiwan, where the number of millionaires is set to jump 47% on the back of the booming microchip industry and a rise in immigration by wealthy foreigners. The two hubs in which the most global millionaires are based, the U.S. and mainland China, are set to see their figures rise 16% and 8% respectively. Another country where the number of dollar millionaires is forecast to decline was the Netherlands, which is estimated to see a 4% drop in such wealthy individuals. The report meanwhile sees the number of U.S. dollar millionaires in Russia growing by 21%.

Persons: Paul Donovan, Donovan Organizations: UBS, Taiwan, UBS Global Wealth Management, Russia, Labour Party, Conservative Locations: Turkey, Kazakhstan, Indonesia, Japan, U.S, China, France, Italy, London, Dubai, Singapore, Netherlands, Russia

☆ Schein: Insurance stocks are a great way to play the market broadening
▼ + stars: | 2024-07-10 | 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 EmailSchein: Insurance stocks are a great way to play the market broadeningRobert Schein, CEO of Blanke Schein Wealth Management, discusses rate cuts, inflation hedges, and stocks at record highs.

Persons: Robert Schein, Blanke Organizations: Schein, Insurance, Wealth Management

☆ 5 ways investors can hedge against under-the-radar threats to this 'Goldilocks' market, according to a leading UBS strategist who saw this rally coming
▼ + stars: | 2024-07-10 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

He reasoned that while higher interest rates were a concern, solid earnings growth would keep stocks afloat. Since then, the S&P 500 has rallied 11.1% off its early May lows and extended its year-to-date surge to 16.9%. Since UBS GWM is neutral on US stocks, Lefkowitz recommends that investors keep their expectations in check and look for alternatives. Though not flashy, bonds boast attractive yields and should continue to rally if the Fed cuts rates this fall, according to UBS GWM. "We think investors should position for a lower interest rate environment and buy quality bonds, which have attractive yields and the potential for capital appreciation amid the potential for a deeper easing cycle," Marcelli wrote in the note.

Persons: —, it's, David Lefkowitz, who's, Lefkowitz, We'll, that's, Donald Trump, Joe Biden, UBS GWM, seconding, Solita Marcelli, Marcelli, Trump Organizations: Service, UBS Global Wealth Management, UBS GWM's, Business, UBS GWM, Federal, Nvidia, UBS, White Locations: Washington

☆ What a Trump presidency could mean for the dollar and the stock market
▼ + stars: | 2024-07-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

There are other reasons the dollar has been propelled higher as some European and Asian currencies have seen lackluster growth. A strong dollar makes US exports more expensive and reduces the profits of American companies operating overseas when earnings are converted back to dollars. And while a strong dollar lowers the cost of imported raw materials, it can boost inflation and hurt foreign investments. The families of victims of two fatal crashes of the 737 Max oppose the deal, the department said. Beyond the fatal crashes of the 737 Max jets, the company has faced a series of questions about the safety and quality of its planes.

Persons: it’s, Donald Trump, Joe Biden, Trump, ”, Lisa Shalett, Morgan Stanley, Louis Navellier, Jeanne Sahadi, Read, Max, Chris Isidore Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Fed, Republican, Morgan Stanley Wealth Management, Navellier, Associates, New York Federal Reserve, Boeing, Justice Department, Alaska Airlines Locations: New York, ”, China, Japan, United States

☆ Bitcoin is holding support and ready to make another run at a record, according to the charts
▼ + stars: | 2024-07-09 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

That pullback has materialized and according to our Elliott Wave analysis of the bitcoin chart, support has possibly been formed in the zone of $59k - $49k. Looking at the 3-chart overlay below you'll find bitcoin, gold, and US 10-year yields since 2020. First is that gold and Bitcoin (blue and orange) have a very close positive correlation. Pulling it all together higher rates have a negative impact on all three; bitcoin, gold, and the stock market, which are all showing a positive relationship in recent months. In summary, being very bullish on the stock market, I would like to see bitcoin and gold move higher along with lower US yields.

Persons: Bitcoin, Elliott, Todd Gordon, Gordon, IBIT Organizations: Tactical Alpha, Edge, Inside Edge, CNBC, NBC UNIVERSAL Locations: bitcoin

☆ I quit Merrill Lynch to start my own business. Leaving a 7-figure income and cushy corporate perks was hard, but I don't regret it.
▼ + stars: | 2024-07-09 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. It was not easy to leave the comfort of my corner office, corporate perks, and awards and recognition at a big Wall Street bank. I felt like I needed to take a bigger leap and start my own thing, but I had no idea how to start a business. I don't go to the office much anymore, though most of my team chooses to go into the office. Had I stayed at a big Wall Street bank, I never would've been able to start my other businesses.

Persons: —, Chad Willardson, Merrill Lynch, Morgan Stanley, Goldman Sachs, I've, it's, Warren Buffett Organizations: Service, Pacific, Business, UBS, LinkedIn, Entrepreneurship Locations: Orange County , California, Southern California

☆ BNP Paribas CIO questions how long France's New Popular Front can hold together
▼ + stars: | 2024-07-08 | 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 EmailBNP Paribas CIO questions how long France's New Popular Front can hold togetherEdmund Shing, CIO of BNP Paribas Wealth Management, discusses the French election results and comments on the differing policies of the New Popular Front party.

Persons: Edmund Shing Organizations: BNP, Wealth Management, New

☆ Chart of the Day: Corning
▼ + stars: | 2024-07-08 | 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 EmailChart of the Day: CorningJosh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to talk about Corning as it tops the S&P today.

Persons: Corning Josh Brown Organizations: Ritholtz Wealth Management Locations: Corning

☆ Earnings growth is the 'name of the game' right now, says CIO, naming 3 stocks to buy
▼ + stars: | 2024-07-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Though CIO Michael Landsberg of Landsberg Bennett Private Wealth Management says the conditions don't justify a cut, he says there might be one. "I think if Chairman Powell had not said, we're gonna get a rate cut, we wouldn't be having these discussions because earnings growth has been really strong. Against that backdrop, Landsberg says, investors should focus on companies generating strong earnings growth. "The major indices are continuing to rally based on strong earnings growth. Earnings growth is the name of the game for this stock market right now," he said in additional notes to CNBC.

Persons: Michael Landsberg, Landsberg Bennett, Powell, we're, CNBC's, he's, Landsberg, They've, Stryker Organizations: U.S . Federal, Wealth Management, Fed, West Texas, CNBC, Trade Locations: Landsberg, China, U.S

☆ Consumer goods price wars are beginning, says Annex Wealth's Brian Jacobsen
▼ + stars: | 2024-07-05 | 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 EmailConsumer goods price wars are beginning, says Annex Wealth's Brian JacobsenBrian Jacobsen, Annex Wealth Management chief economist, joins 'Power Lunch' to discuss the jobs market data and its impact on the overall markets.

Persons: Brian Jacobsen Brian Jacobsen Organizations: Wealth Management

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