Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "" Grasso"


25 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLarge-cap tech will rally when the first rate cut occurs, says Grasso Global CEOSteve Grasso, CEO of Grasso Global, joins 'Power Lunch' to discuss looking for higher markets going into the end of the year, geopolitical risk in China aiming at Apple, and competition to create the best cell phone device.
Persons: Grasso, Steve Grasso Organizations: Apple Locations: China
Why the revenue impact of retail shrink may be overblown
  + stars: | 2023-09-08 | 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 EmailWhy the revenue impact of retail shrink may be overblownSteve Grasso, Grasso Global CEO, and CNBC's Gabrielle Fonrouge join 'Power Lunch' to discuss the scope of retail shrink, the impact shrink has on retail sales numbers, and the struggle to develop a system to combat shrink.
Persons: Steve Grasso, Grasso, CNBC's Gabrielle Fonrouge Organizations: Grasso Global
Potential UAW strike: What you need to know
  + stars: | 2023-09-08 | 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 EmailPotential UAW strike: What you need to knowSteve Grasso, Grasso Global CEO, and CNBC's Phil LeBeau join 'Power Lunch' to discuss new data showing a stabilization in used auto prices, the implications a UAW strike will have on vehicle manufacturing numbers, and the wage gap at the center of the auto workers dispute.
Persons: Steve Grasso, Grasso, Phil LeBeau Organizations: UAW, Grasso Global
The Fed should stop hiking rates this year: Dynasty's Ron Insana
  + stars: | 2023-09-08 | 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 EmailThe Fed should stop hiking rates this year: Dynasty's Ron InsanaRon Insana, chief market strategist at Dynasty Financial Partners, and Steve Grasso, Grasso Global CEO, join 'Power Lunch' to discuss a doom loop underway in residential real estate, the Fed's hesitancy to adjust policy to help the housing market, and the correlation between interest rates and housing supply numbers.
Persons: Ron Insana Ron Insana, Steve Grasso, Grasso Organizations: Financial Partners, Grasso Global
Oil up 1% on tighter supplies and heating oil prices
  + stars: | 2023-08-21 | by ( Natalie Grover | ) www.reuters.com   time to read: +2 min
REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsSummary China draws on record inventories amid high prices -dataBuoyant heating oil lifts crude prices -analystChinese economy and US rate risk continues to weighLONDON, Aug 21 (Reuters) - Oil prices rose more than 1% on Monday as tighter supply reflected in fewer exports from Saudi Arabia and Russia and high heating oil prices outweighed concern over global demand growth. A weaker dollar makes oil purchases less expensive for holders of other currencies, potentially boosting demand. Another bullish factor is the high price of heating oil, which is in focus as the northern hemisphere approaches darker months, said John Evans of oil broker PVM. However, what is like trying to hit a "flying insect with a bazooka" is determining whether the buoyant heating oil market is enough to rally the oil complex or just hold it in the face of broader macroeconomic concerns, he said. "Unless there's a recession and demand slows or drops, OPEC+ is in control," said Stefano Grasso, a senior portfolio manager at 8VantEdge in Singapore.
Persons: Lucy Nicholson, Brent, Warren Patterson, ING's, John Evans, Stefano Grasso, Natalie Grover, Paul Carsten, Florence, Mohi Narayan, David Goodman Organizations: REUTERS, . West Texas, of, Petroleum, Thomson Locations: Bakersfield , California, China, Saudi Arabia, Russia, OPEC, Saudi, 8VantEdge, Singapore, London, Florence Tan, New Delhi
Oil edges up on tighter supplies, heating oil prices
  + stars: | 2023-08-21 | by ( Natalie Grover | ) www.reuters.com   time to read: +3 min
REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsSummary China draws on record inventories amid high prices - dataBouyant price of heating oil lifts crude prices - analystChina economic sentiment, US rate hike risk continues to weighLONDON, Aug 21 (Reuters) - Oil prices edged higher on Monday as tighter supply reflected in fewer exports from Saudi Arabia and Russia and high heating oil prices outweighed concerns about global demand growth amid high interest rates. The September WTI contract expires on Tuesday and the more active October contract gained 78 cents to $81.44 a barrel. As well, "the dollar seems to be taking somewhat of a breather, which would be providing some support," he said. A weaker dollar makes oil purchases less expensive for holders of other currencies, sparking demand. Also supporting crude is the buoyant price of heating oil, which is in focus as the northern hemisphere approaches darker months, said John Evans of oil broker PVM.
Persons: Lucy Nicholson, Brent, Warren Patterson, ING's, John Evans, Stefano Grasso, Natalie Grover, Florence, Mohi Narayan, Shri Navaratnam, Tom Hogue Organizations: REUTERS, U.S, West Texas, Organization of, Petroleum, Thomson Locations: Bakersfield , California, China, Saudi Arabia, Russia, OPEC, Saudi, 8VantEdge, Singapore, London, Florence Tan, New Delhi
REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsSummary China draws on record inventories amid high prices -analystsRussia remains China's top crude supplier in July -dataChina's July diesel exports surge -dataSINGAPORE, Aug 21 (Reuters) - Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates. The September WTI contract expires on Tuesday and the more active October contract gained 73 cents to $81.39 a barrel. Supply is tightening, however, with OPEC+ crude exports set to fall a second month in August, said Stefano Grasso, a senior portfolio manager at 8VantEdge in Singapore, citing preliminary data from shiptracking firm Kpler. "Unless there is a recession and demand slows or drops, OPEC+ is in control." Meanwhile, Chinese refiners ramped up refined products exports in July, drawn by strong export margins.
Persons: Lucy Nicholson, Brent, Stefano Grasso, " Grasso, Baker Hughes, Florence Tan, Shri Navaratnam, Tom Hogue Organizations: REUTERS, U.S, West Texas, U.S ., Organization of, Petroleum, Thomson Locations: Bakersfield , California, China, Russia, SINGAPORE, Saudi Arabia, 8VantEdge, Singapore, OPEC, Saudi, United States
2 oil consumer, while Libya resumed production on the weekend. "The GDP came in below expectations, so will do little to ease concerns over the Chinese economy," said Warren Patterson, ING's head of commodities research. "Apparent oil demand grew at a strong pace year on year, but the market seems focused on the headline (GDP) numbers," Patterson said. "They are stockpiling crude at low prices, and waiting for recession to hit the West before going full on with stimulus," Grasso said. Reporting by Florence Tan and Mohi Narayan; Editing by Tom Hogue and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: China's, Warren Patterson, ING's, Patterson, Stefano Grasso, Grasso, El, Vandana Hari, Hari, Florence Tan, Mohi Narayan, Tom Hogue, Sonali Paul Organizations: Brent, U.S . West Texas, National Bureau, Statistics, Shell, Vanda Insights, Thomson Locations: China, Libya, U.S, Beijing, 8VantEdge, Singapore, Nigerian, Russia, Moscow, Saudi Arabia
2 oil consumer as Libya resumed production over the weekend. "The GDP came in below expectations, so will do little to ease concerns over the Chinese economy," said Warren Patterson, ING's head of commodities research. "Apparent oil demand grew at a strong pace year on year, but the market seems focused on the headline (GDP) numbers," Patterson said. "They are stockpiling crude at low prices, and waiting for recession to hit the West, before going full on with stimulus," Grasso said. In Russia, oil exports from western ports are set to fall by some 100,000-200,000 bpd next month from July, a sign Moscow is making good on a pledge for fresh supply cuts in tandem with OPEC leader Saudi Arabia, two sources said on Friday.
Persons: Warren Patterson, ING's, Patterson, Stefano Grasso, Grasso, El, Florence Tan, Sonali Paul, Tom Hogue Organizations: Brent, U.S . West Texas, National Bureau, Statistics, Shell, Thomson Locations: China, SINGAPORE, Libya, U.S, Beijing, 8VantEdge, Singapore, Nigerian, Russia, Moscow, Saudi Arabia
When Melinda Katz ran for Queens district attorney in 2019, her principal opponent in the Democratic primary was a public defender and democratic socialist with a platform of ending cash bail and eventually abolishing the police. With endorsements from progressive prosecutors around the country — as well as from Senators Elizabeth Warren and Bernie Sanders and Representative Alexandria Ocasio-Cortez — Tiffany Cabán, a first-time candidate, lost by fewer than 60 votes after painting Ms. Katz as a regressive Democrat. Four years later, the strongest challenge to Ms. Katz is coming from George Grasso, an opponent running to her right who has accused her of being soft on crime. It’s not the only contest in the city where moderate Democrats are facing opponents on the right in primaries on Tuesday. In several City Council races, from the Bronx to southern Brooklyn, moderate Democrats are being challenged over public safety, affordable housing and education by more conservative members of their own party.
Persons: Melinda Katz, Elizabeth Warren, Bernie Sanders, Alexandria Ocasio, Cortez — Tiffany Cabán, Katz, George Grasso, It’s Organizations: Queens, Democratic, Council Locations: Bronx, Brooklyn
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrasso: Large-cap tech stocks are in their safest position in yearsSteve Grasso, Grasso Global CEO, discusses the markets and the trading week ahead.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMost newcomers to EV manufacturing don't make any profit, says Grasso Global CEOSteve Grasso, CEO of Grasso Global, joins 'The Exchange' to discuss how to trade Travelers, competition among EV manufacturers, and commercial real estate numbers.
Next year, Maserati will reveal a fully electric sedan for which they will be no gas-powered version at all. So does Ferrari, Maserati’s sister brand until a few years ago when it was spun off under its own stock symbol. The Maserati Grecale SUV has an aggressive driving feel. Now that the spinoff of Ferrari has left Maserati the company’s only ultra-luxury brand, Grasso feels more is expected, he said. “We can only be at ease when Maserati’s profitability is above Stellantis’s profitability,” he said.
Final Trades: Tesla, EOG, Delta Airlines and Occidental
  + stars: | 2023-03-31 | by ( Melissa Lee | ) 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 EmailFinal Trades: Tesla, EOG, Delta Airlines and OccidentalThe final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Jeff Mills, Tim Seymour and Guy Adami.
Final trades: Intel, JPMorgan, Eli Lilly & Amgen
  + stars: | 2023-03-29 | by ( Melissa Lee | ) 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 EmailFinal trades: Intel, JPMorgan, Eli Lilly & AmgenThe final trades of the week. With CNBC's Tyler Mathisen and the Fast Money traders, Steve Grasso, Courtney Garcia, Tim Seymour and Guy Adami.
In the first quarter of 2023, the S & P 500 is up more than 3%. .SPX YTD mountain S & P 500 YTD However, the "Fast Money" traders said investors are failing to price in tightening credit conditions, as well as a weaker macro environment, ahead of first quarter earnings — particularly in the tech sector. Nathan said consensus estimates for tech stocks are elevated, even as those companies contend with a higher interest rate and inflationary environment. Similarly, investors piled into mega-cap tech stocks after the recent banking crisis, citing their "stability," Grasso said. Trader Karen Finerman was less negative on the sector, saying supply chain issues and a pullback in the stronger dollar have eased this year, weighing less on mega-cap tech stocks.
The Chartmaster sees more rough times ahead for Apple
  + stars: | 2023-03-24 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Chartmaster sees more rough times ahead for AppleCarter Worth of Worth Charting on where Apple's going from here. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Courtney Garcia, Tim Seymour and Guy Adami.
Final Trades: AMGN, FHN, MLPX & WMT
  + stars: | 2023-03-24 | by ( Melissa Lee | ) 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 EmailFinal Trades: AMGN, FHN, MLPX & WMTThe final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Courtney Garcia, Tim Seymour and Guy Adami.
Fast Money's Guy Adami makes the bull case for gold
  + stars: | 2023-03-24 | by ( Melissa Lee | ) 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 EmailFast Money's Guy Adami makes the bull case for goldThe Chart of the Day has gold trading above $2,000. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Courtney Garcia, Tim Seymour and Guy Adami.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Carvana's debt deal could be a sign of trouble for other companiesDigging in on CVNA's debt deal. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Steve Grasso and Guy Adami.
The impact of the banking turmoil on the Federal Reserve
  + stars: | 2023-03-22 | by ( Melissa Lee | ) 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 EmailThe impact of the banking turmoil on the Federal ReserveChris McGratty, KBW head of U.S. bank research, on how bank stocks reacted to today's rate hike. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Steve Grasso and Guy Adami.
Options Action: Nike after earnings
  + stars: | 2023-03-22 | 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 EmailOptions Action: Nike after earningsBrian Stutland of Equity Armor Investments looks at what's going on with Nike options. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Steve Grasso and Guy Adami.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHard to say if Fed has tightened enough or too much, Wells Fargo's Michael Schumacher saysMichael Schumacher, Wells Fargo Securities head of macro strategy, breaks down the Fed's latest move and its impact on the markets. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Steve Grasso and Guy Adami.
Maserati listing would need more engine power
  + stars: | 2023-03-21 | by ( ) www.reuters.com   time to read: +2 min
MILAN, March 21 (Reuters Breakingviews) - Maserati says it wants to be more profitable before considering a spinoff from 52 billion euro parent Stellantis (STLAM.MI). But assume Maserati were to treble sales to 75,000 units by 2025, a target the company touted in 2020, taking revenue to perhaps 6.7 billion euros, and hit the 20% margin target in that year. It could then already fetch a whopping 15 billion euros if valued at an 11 times 2025 EBIT multiple, in line with Porsche. That would make a spinoff meaningful for Stellantis, giving Grasso reason to step on the gas. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChartmaster on what's next for markets after a volatile weekCarter Worth of Worth Charting looks at key levels to watch in the market now. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Jeff Mills and Dan Nathan.
Total: 25