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South Korea's KOSPI 200 index (.KS200) retreated 1.35% in early trade and New Zealand's S&P/NZX50 Index (.NZ50) was off 0.4%. In China, demonstrators and police clashed in Shanghai on Sunday night as protests over the country's stringent COVID restrictions flared for a third day. There were also protests in Wuhan, Chengdu and parts of the capital Beijing late Sunday as COVID restrictions were put in place in an attempt to quell fresh outbreaks. The COVID rules and resulting protests are creating fears the economic hit for China will be greater than expected. "This remains a headwind for oil demand that, combined with weakness in the U.S. dollar, is creating a negative backdrop for oil prices."

☆ Aggressive central bank easing will return within 18 months, CIO says, naming stocks to buy
▼ + stars: | 2022-11-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Overly loose fiscal and monetary policy during Covid-19 was a "mistake," according to the chief investment officer of asset management firm Antipodes Partners. I think, though, we're probably in a different regime where we have to expect greater volatility around not just inflation but economic growth," he said. So we think there's a fair amount of downside on the S & P EPS [earnings per share] numbers." "The digital industries business is a really good software-hardware factory automation business, and decarbonization is all about reengineering supply chains. So a lot of investment is required, and Siemens I think benefits from that," he said.

☆ Supply chain issues will be a headwind for Apple through holiday season, says Wedbush's Dan Ives
▼ + stars: | 2022-11-25 | 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 EmailSupply chain issues will be a headwind for Apple through holiday season, says Wedbush's Dan IvesDan Ives, Wedbush Securities managing director, joins 'Closing Bell' to discuss Apple's supply chain issues and how it could affect it's 'Black Friday' and overall holiday sales.

☆ Oil inches up amid wrangling over Russian oil price cap
▼ + stars: | 2022-11-25 | by ( Sonali Paul | Mohi Narayan | ) www.reuters.com time to read: +2 min

MELBOURNE, Nov 25 (Reuters) - Oil rose in early trade on Friday, trimming some of the week's losses which have been driven by worries about Chinese demand and expectations a high price cap planned by the Group of Seven (G7) nations on Russian oil will keep supply flowing. Brent crude futures inched up 13 cents, or 0.2%, to trade at $85.47 a barrel at 0121 GMT. G7 and European Union diplomats have been discussing a price cap on Russian oil of between $65 and $70 a barrel, with the aim of limiting revenue to fund Moscow's military offensive in Ukraine without disrupting global oil markets. Russian President Vladimir Putin has said Moscow will not supply oil and gas to any countries that join in imposing the price cap, which the Kremlin reiterated on Thursday. "This remains a headwind for oil demand that, combined with weakness in the U.S. dollar, is creating a negative backdrop for oil prices," ANZ said in a separate commodity note.

Nov 22 (Reuters) - Medtronic Plc (MDT.N) on Tuesday lowered its full-year outlook for profit and revenue growth, blaming a stronger dollar and a slower-than-anticipated recovery in supply chain disruptions, sending the medical device maker's shares down nearly 6%. Medtronic cut its revenue growth expectations for fiscal 2023 to 3.5% to 4%, from 4% to 5%. The company said cost-cutting measures will likely offset lower revenue and inflationary pressures in the second half of the year. A slower-than-anticipated recovery in supply chain disruptions impacted Medtronic's medical surgical business the most, with the unit's revenue falling 10% to $2.07 billion. Reporting by Khushi Mandowara and Bhanvi Satija in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ 'No buyers in sight': A senior economist says home prices will fall by 25% as supply and demand dynamics in the housing market have created a perfect environment for declines
▼ + stars: | 2022-11-22 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

But as the Federal Reserve tightens policy to cool inflation, demand for homes is falling. If inflation does fall quickly and the Fed pivots to dovish policy, the declines won't be as big, Torres said. Supply and demand dynamics have created a 'perfect storm'Torres believes supply and demand dynamics have moved in a way that will create significant declines ahead. Affordability paints the picture for Torres' bearishness on demand, with the monthly housing costs historically high relative to incomes. This headwind is already causing home values to fall, with two consecutive months of price declines earlier this year."

☆ Nimble retailers Costco, TJX to benefit from improving supply chains, Cowen says
▼ + stars: | 2022-11-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

At the same time, the bank called TJX its "top pick within off-price retail for supply chain margin recovery." The retail industry has been weighed down by a global supply chain crisis in the wake of the Covid-19 pandemic. But with the Federal Reserve aggressively raising interest rates to suppress demand and rein in inflation, supply chain bottlenecks are now beginning to ease. Cowen's take Costco's supply chain this year has been interrupted by port delays, shortages of raw materials and labor costs. On TJX, we agree that supply chain volatility creates opportunities for the off-price retailer, as its business model targets name brands struggling with excess supply.

☆ 3 takeaways from our daily meeting: Oil slides, Disney CEO shakeup, Salesforce growth concerns
▼ + stars: | 2022-11-21 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Oil slides Disney ousts Chapek Salesforce growth concerns 1. Disney ousts Chapek Disney (DIS) announced Sunday that Bob Iger is returning as CEO , while Bob Chapek is out of the top job. 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.

☆ Joe Biden, who turns 80 on Sunday, may struggle to win voters concerned about his age in 2024. But he's also the 'guy who knows how to beat Donald Trump.'
▼ + stars: | 2022-11-18 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +6 min

"He knows he can beat Trump," Jim Moran, a former Democratic House member from Virginia, told Insider. As Trump trashed Biden while announcing his third presidential bid, Biden responded with a video detailing the low points of Trump's record on Twitter, writing "Donald Trump failed America." "The obligation would be cataclysmic, existential, monumental," the friend told Insider in an August interview. On Friday, the progressive "Don't Run Joe" campaign released a birthday greeting for Biden, urging him not to seek re-election. "If our focus is on winning, then going with the guy who knows how to beat Donald Trump is a pretty smart play," Sen. Chris Murphy, a Connecticut Democrat, previously told Insider.

☆ Nvidia's quarter fails to excite but offers enough hope that October's bottom can hold
▼ + stars: | 2022-11-16 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

That said, encouragingly, the team expects Gaming inventory levels to approach normal levels as we enter calendar year 2023. Fourth quarter guidance was underwhelming, but it was encouraging to hear management say they expect to see sequential growth in Data Center, Gaming, and Automotive. Segment Q3 sales Data Center revenue grew 31% to $3.83 billion, a tad short versus the $3.84 billion consensus. Gaming revenue fell 51% to $1.57 billion, but it was better than expectations of $1.33 billion. Capital Allocation In its fiscal third quarter, Nvidia returned a total of $3.75 billion to shareholders via dividends and buybacks.

☆ What slowdown? Fresh off earnings beat, Cisco CEO sees a lot of opportunity right now
▼ + stars: | 2022-11-16 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

And I think that they're going to continue to spend as much as they can," Robbins told Jim Cramer in an interview. Shares of Cisco rose about 4% in extended trading Robbins emphasized that the trajectory of tech development also plays in favor of Cisco's top line. "And then you look at 43% of our business coming from recurring [customers]," Robbins said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Chuck Robbins, CEO of Cisco, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019.

☆ TJX hits an all-time high as reason we own off-price retailer played out in the quarter
▼ + stars: | 2022-11-16 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Club holding TJX Companies (TJX) reported stronger-than-expected fiscal third-quarter 2023 earnings and U.S. sales before the opening bell Wednesday, boosting shares of the off-price retailer by nearly 4% to an all-time high. While U.S. customer traffic was down in the quarter, management noted that it improved sequentially and improved throughout the quarter. Speaking to the inventory glut at full-price retailers, TJX management said on their post-earnings call, "The marketplace is absolutely loaded with quality branded merchandise across good, better and best brands." That guide also represents a tightening around the $3.09 midpoint versus the $3.05 to $3.13 per share range provided with the prior quarter's release. This excludes new stores, stores closed permanently or closed for an extended period of time as well as e-commerce results.

☆ Netflix could rise 24% on the back of its new ad-supported tier and password crackdown, BofA says
▼ + stars: | 2022-11-15 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Netflix shares could rise 24% from current levels to hit $370, Bank of America said Tuesday. Netflix shares on Tuesday rose as much as 4.5% to $312.71, the highest price in about six months. Netflix earlier this month rolled out its "Basic with Ads" subscribership tier that costs $6.99 a month. BofA estimated the Basic AVOD tier could drive $719 million in revenue in the United States and Canada in 2024. Netflix estimates 100 million potential subscribers, including 30 million in the US and Canada, are lost as a result of password sharing, said BofA.

☆ What to expect when economic bellwether Cisco reports quarterly results
▼ + stars: | 2022-11-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Enterprise spending Demand from enterprise customers has been holding up this year, despite the challenging global economic backdrop. Transition from hardware to software Cisco's transformation to software subscription should be a long-term growth catalyst for the company. At the same time, a weaker global economy could hold back enterprise spending and dent Cisco's revenue. Cisco's stock has been punished this year, along with the rest of the tech sector, and is down 28.8% year-to-date. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ iPhone supply disruptions in China weigh on Apple, but should be temporary headwind
▼ + stars: | 2022-11-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

The Club take The production headwinds in China don't shake our confidence in Apple. At the same time, we're interested in getting a clearer picture on when iPhone production in China could normalize. We see production snags as a temporary risk that could moderate once China ultimately abandons its zero-Covid policy. Apart from production challenges in China, Apple's stock has been held back this year by macroeconomic pressures and foreign exchange headwinds, with shares down roughly 16% year-to-date. Apple's stock climbed nearly 8% last week, as tech stocks surged on the back of weaker-than-expected inflation data for October.

☆ Here are Wall Street analysts’ favorite retail stocks as giants such as Target get set to report
▼ + stars: | 2022-11-13 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

Boots seller Boot Barn made the cut, with 83% of analysts covering it giving the stock a buy rating. Target also made the list, with 59% of analysts rating it a buy and an average price target implying upside of about 17%. The retail giant's stock has dropped more than 25% in 2022, but it has rallied 16.8% in the fourth quarter. Seventy-one percent of analysts covering the stock rate it a buy, and the average analyst price target implies upside of 41.4%, FactSet data shows. Nearly 80% of analysts covering the e-commerce giant rate it a buy, with the average price target implying upside of 41.6%.

☆ No easy fix for China as economy slows more than expected
▼ + stars: | 2022-11-11 | by ( Kevin Yao | ) www.reuters.com time to read: +4 min

China is on track to miss its annual growth target of around 5.5% - the latest Reuters poll forecast 2022 growth at 3.2%. Data on Thursday showed new bank lending in China fell more than expected in October from the previous month while broad credit growth slowed. Underscoring the weakness in domestic demand, factory gate prices for October dropped for the first time since December 2020. But the main near-term headwind remains China's zero-COVID policy, while the longer term drag remains domestic demand. read more"COVID curbs have greatly affected consumption and investment," said Wang Jun, director at China Chief Economist Forum.

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Coinbase, Carvana, Intel, Imax & more
▼ + stars: | 2022-11-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

UBS upgrades Werner to buy from neutral UBS said it sees upside for several trucking company names. "We are upgrading three truckload names to Buy from Neutral including HTLD, WERN , and SNDR and reiterating our Buy on KNX. Bank of America reiterates Amazon as buy Bank of America said reports of a cost cutting review at Amazon are a "positive." JPMorgan reiterates Silvergate as overweight JPMorgan said the crypto company's exposure to FTX is overblown. JPMorgan reiterates Netflix as overweight JPMorgan said it has "increased conviction" in shares of the streaming giant.

☆ GOP Insider readers: Dump Trump!
▼ + stars: | 2022-11-11 | by ( Kayla Gallagher | ) www.businessinsider.com time to read: +26 min

Insider asked its Republican readers to send in their thoughts on Donald Trump following the GOP's dismal midterm performance. Subscribers to Insider's newsletter were asked two questions: Do you agree with the GOP insiders who blame Trump? Andrew Lichtenstein/Corbis via Getty Image— Joe S.I don't blame Trump per se. Olivier Douliery/AFP via Getty Images— Julia T.I think Trump, DeSantis AND the GOP are EXTREMELY dangerous for our Democracy. The Republican Party needs to get away from the extremists in the party or the Republican Party will no longer exist.

☆ Instant View: Comfortably cool U.S. CPI suggests aggressive Fed hikes taking hold
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +5 min

read moreMARKET REACTION:STOCKS: S&P 500 futures turned sharply higher and were up 3.1%BONDS: The yield on 10-year Treasury notes tumbled and was down 21.5 basis points at 3.927%; The two-year U.S. Treasury yield was down 26.6 basis points at 4.362%. The dollar index was off 1.3%COMMENTS:BRIAN JACOBSEN, SENIOR INVESTMENT STRATEGIST, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS, WISCONSIN“Well, that was a relief. And I think the expectation now is the Fed hikes rates 50 basis points in December. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK"A softer than expected inflation report is acting as a tailwind for markets. "Given just this data, it would allow the Fed to raise by only 50 basis points rather than 75 at the next meeting.

☆ VIEW Comfortably cool US Oct CPI spells relief for Fed
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +4 min

And I think the expectation now is the Fed hikes rates 50 basis points in December. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK"A softer than expected inflation report is acting as a tailwind for markets. Next, we immediately turned our attention to the CPI and that clearly came in better than expected. It rocketed the futures higher and then to top it off, weekly initial unemployment claims came in higher than expected. "Given just this data, it would allow the Fed to raise by only 50 basis points rather than 75 at the next meeting.

☆ Year-end rally ignited as inflation cools and rates fall, loosening their grip on stock market
▼ + stars: | 2022-11-10 | by ( Patti Domm | In | ) www.cnbc.com time to read: +5 min

Treasury yields fell sharply and eased their grip on the stock market Thursday, helping fuel the monster rally that broke out after a report of cooler-than-expected inflation data. The rise in yields this year has choked off stock market gains and weighed on technology and growth stocks in particular. In the futures market, traders were betting Thursday that the Fed would raise its fed funds futures rate to 4.88% before stopping next spring. But now there are signs the strong dollar may not be such a drag. ...The strong dollar has been a headwind for earnings, and it will probably become a tail wind.

☆ Comfortably cool US CPI suggests aggressive Fed hikes taking hold
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +5 min

read moreMARKET REACTION:STOCKS: S&P 500 futures turned sharply higher and were up 3.1%BONDS: The yield on 10-year Treasury notes tumbled and was down 21.5 basis points at 3.927%; The two-year U.S. Treasury yield was down 26.6 basis points at 4.362%. And I think the expectation now is the Fed hikes rates 50 basis points in December. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK"A softer than expected inflation report is acting as a tailwind for markets. Next, we immediately turned our attention to the CPI and that clearly came in better than expected. "Given just this data, it would allow the Fed to raise by only 50 basis points rather than 75 at the next meeting.

☆ Crypto crash and gold sell-off show there’s no place for investors to hide
▼ + stars: | 2022-11-10 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +5 min

Bitcoin prices are currently hovering around $16,500, down from a level of $20,000 just a week ago. Gold, like bitcoin, then surged in the latter part of 2020 as a sort of safe haven trade. Why buy gold or digital assets when the greenback is proving to be the king of currencies? Bitcoin prices have been notoriously volatile over the past few years, but they have still done better than many major stock market indexes. One venture capitalist who focuses on bitcoin and crypto assets agreed that FTX’s problems won’t derail the entire digital assets universe.

☆ AstraZeneca tops quarterly estimates buoyed by cancer drug sales
▼ + stars: | 2022-11-10 | by ( Natalie Grover | ) www.reuters.com time to read: +1 min

Sales of AstraZeneca's key cancer medicines — Tagrisso and Imfinzi — helped the company's revenue beat, with sales of its broader oncology portfolio rising 24%. Previously, it had forecast a 2022 gain in the "mid-to-high twenties percentage". Novartis in late October said strong U.S. currency was a drag on the value of its quarterly sales generated outside the United States. AstraZeneca on Thursday said its anticipated 2022 revenue growth would be impacted by a currency headwind of a "mid single-digit percentage". Core earnings per share for the year will also be negatively affected by "mid-to-high single-digit percentage," it added.

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