DIRS.INFO The most relevant business & tech news

☆ Hot chip stocks suffer a tough one-two punch, but there are winners in Tuesday's down market
▼ + stars: | 2024-10-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. 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. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Biden, ASML, Christophe Fourquet, We're, LVMH, Luis Vuitton, it's, Estee Lauder, JB Hunt, Morgan Stanley, Abbott, Wells Fargo, Jim Cramer's, Jim Organizations: CNBC, ., Energy, Technology, Dow, Semiconductors, Nvidia, Devices, Bloomberg News, U.S, Broadcom, Micron, Taiwan Semiconductor Manufacturing, United Airlines, Interactive, Abbott Laboratories, Jim Cramer's Charitable Locations: U.S, France, China, Estee

☆ What to know about early voting in Georgia and North Carolina
▼ + stars: | 2024-10-15 | by ( Sara Murray | ) edition.cnn.com time to read: +7 min

CNN —Two critical battleground states – Georgia and North Carolina – are kicking off early in-person voting this week. In Georgia, voters can head to the ballot box beginning on Tuesday and in North Carolina, early in-person voting begins on Thursday. “I don’t want to discourage people from using drop boxes by any means, but I can see why people would think it’s easier to show up in person.”Meanwhile, the opportunities to vote early in-person have expanded: Georgia law mandates two Saturdays of early voting and allows for two Sundays of early voting if a county desires. When it comes to early voting sites, the 25 western counties most impacted by Helene had planned for 80 early voting sites. “In this day and age, everyone’s taking selfies, even people in the boomer generation like me,” Phillips from Common Cause North Carolina said.

Persons: Hurricane Helene, ”, Kristin Nabers, Larry David, –, Donald Trump, Helene, “, Bob Phillips, I’m, ” Karen Brinson Bell, Brinson Bell, ” Phillips, That’s, CNN’s Tierney Sneed Organizations: CNN, State, Carolina, State Board, North Carolina State Board Locations: Georgia, North Carolina, Hurricane, Both Georgia

☆ Two pioneering Black CEOs have a warning for companies abandoning diversity
▼ + stars: | 2024-10-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

But opponents ignore both the history of so-called meritocracy, and the fact that DEI programs benefit business, Frazier and Chenault argue. But they said opponents have weaponized select examples of diversity programs that are not practiced widely to oppose DEI entirely. Brandon Bell/Getty ImagesMeanwhile, conservative legal groups are now filing lawsuits targeting companies’ diversity initiatives, and Republican leaders like Florida Gov. Frazier and Chenault said there was a split between companies that rushed to create diversity programs in the wake of George Floyd’s murder in 2020 and companies that have embedded these programs into their business. “For those companies that had integrated DEI into the way they do business, fundamentally, it’s marbled into the meat, so to speak.

Persons: Ken Frazier, Ken Chenault, Ken Chenault’s, John Deere, Davidson, Bud Light’s, Frazier, ” Frazier, America’s “, Elon, Chenault, Roy Vagelos —, — Frazier, Vagelos, weren’t, Merck, —, ” Chenault, don’t, George Floyd, Brandon Bell, Ron DeSantis, Arkansas Sen, Tom Cotton, Bud Light, Robby Starbuck, Starbuck, George Floyd’s, They’re, ” Organizations: New, New York CNN, America, Merck, Black, American Express, Fortune, CNN, Corporate America, Tractor Supply, Boston Consulting Group, DEI, Revelio Labs, White, ” Companies, McKinsey, Republican, Florida Gov, Disney, Nike, Harley Locations: New York, Philadelphia, America, Arkansas

☆ Watch CNBC's full interview with Navan CEO Ariel Cohen and Brex CEO Pedro Franceschi
▼ + stars: | 2024-10-15 | 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 EmailWatch CNBC's full interview with Navan CEO Ariel Cohen and Brex CEO Pedro FranceschiAriel Cohen, Navan CEO and Pedro Franceschi, Brex CEO, join 'Closing Bell Overtime' to talk new partnership for corporate expenses.

Persons: Ariel Cohen, Pedro Franceschi Ariel Cohen, Pedro Franceschi Organizations: Navan

☆ We're adding to a tech stock that's been on our shopping list since last week
▼ + stars: | 2024-10-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Following the trade, Jim Cramer's Charitable Trust will own 575 shares of AMD, increasing its weighting to 2.70% from 2.35%. We also liked how she raised AMD's total addressable market forecast for AI chips to over $500 billion by 2028. As for fellow Club stock Nvidia , it's always good to remember that demand is so strong that its chips are on allocation. 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's, We've, Lisa Su's, Biden, it's, Jim Cramer, Jim Organizations: AMD, Bloomberg News, Nvidia, Microsoft, Club, CNBC

☆ Stock market today: Indexes trade mixed as investors sift through big bank earnings
▼ + stars: | 2024-10-15 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementStocks were mixed Tuesday morning as traders assessed the latest earnings, though several results before the bell helped strike a positive tone in early trading. While earnings will be this week's focal point, investors will also watch for September's retail sales and initial jobless claims to release on Thursday. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Tuesday:AdvertisementHere's what else is going on:In commodities, bonds, and crypto:

Persons: —, Goldman Sachs, Wells Fargo, Brent, Adriana Kugler, Mary Daly Organizations: Service, Citigroup, Bank of America, Dow Jones, JPMorgan Locations: Israel, Here's

☆ Opening Bell: October 15, 2024
▼ + stars: | 2024-10-15 | 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 EmailOpening Bell: October 15, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 15, 2024.

Organizations: New York Stock Exchange, Nasdaq

☆ Citigroup earnings top estimates, boosted by investment banking
▼ + stars: | 2024-10-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Citigroup reported third-quarter results before the opening bell on Tuesday that topped Wall Street expectations, with growth in investment banking and wealth management. Wealth revenue rose 9%. Net income fell to $3.2 billion, or $1.51 per share, from $3.5 billion, or $1.63 per share, a year earlier. Citigroup CEO Jane Fraser took over in March 2021 and has focused on slimming down the bank during her tenure. The other major banks that have reported third-quarter results so far have also beaten earnings expectations, including Goldman Sachs and JPMorgan Chase.

Persons: LSEG, Jane Fraser, Fraser, outperforming, Goldman Sachs Organizations: Citibank, Citigroup, Wall, JPMorgan Chase Locations: Canada, Wharf, London

☆ Stock futures are little changed after S&P 500 slips from record highs: Live updates
▼ + stars: | 2024-10-15 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Stock futures were calm on Tuesday evening as Wall Street looks to see whether equities can be rebound to record highs this week. Futures tied to the S&P 500 were flat. Nasdaq 100 futures ticked up by less than 0.1%, while Dow Jones Industrial Average futures added just 2 points. The Dow and S&P 500 both slipped from their recent records during Tuesday's regular trading session, falling 0.75% and 0.76%, respectively. Tech stocks – semiconductors, in particular – weighed on the S&P 500 and the Nasdaq.

Persons: Bryn Talkington, Morgan Stanley Organizations: Dow Jones Industrial, Dow, Nasdaq, Tech, Nvidia, Management, UnitedHealth, Abbott Laboratories

☆ Positive reception of new Nike CEO should translate into better results: Williams Trading's Poser
▼ + stars: | 2024-10-14 | 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 EmailPositive reception of new Nike CEO should translate into better results: Williams Trading's PoserSam Poser, Williams Trading senior research analyst, joins 'Closing Bell Overtime' to talk Nike as a new CEO takes the reigns.

Persons: Williams, Sam Poser Organizations: Nike, Williams Trading

☆ We still have this lagging chipmaker on our buy list as the stock market pushes to more new highs
▼ + stars: | 2024-10-14 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Persons: Jim Cramer, Morgan Stanley, Wells, Stocks, Lisa Su, Su didn't, Goldman Sachs, Johnson, Jim Cramer's, Jim Organizations: CNBC, Dow, Nasdaq, Monday, Tech, Energy, Wells, Nvidia, AMD, Citigroup, Bank of America, United Health, Walgreens, Abbott Laboratories, Jim Cramer's Charitable Locations: Friday's, China

☆ The consolidation phase is almost over for interest rates, says Macro Risk's John Kolovos
▼ + stars: | 2024-10-14 | 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 consolidation phase is almost over for interest rates, says Macro Risk's John KolovosJohn Kolovos, Macro Risk Advisors chief technical market strategist, joins 'Closing Bell' to discuss his call for a S&P 500 path to 6,000.

Persons: John Kolovos John Kolovos

☆ Flexport CEO Ryan Petersen talks holiday shopping and supply chain
▼ + stars: | 2024-10-14 | 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 EmailFlexport CEO Ryan Petersen talks holiday shopping and supply chainRyan Petersen, Flexport CEO, joins 'Closing Bell Overtime' to talk how supply chains and ports will fare in the upcoming holiday shopping season.

Persons: Ryan Petersen

☆ Analysts cheer Wells Fargo to 2018 highs after earnings. We have 1 qualm with the praise
▼ + stars: | 2024-10-14 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Wells Fargo stock hit new multi-year highs on Monday after Wall Street analysts praised the bank's third-quarter earnings report. Investors are mulling a slew of positive analysts' calls after Wells Fargo's better-than-expected quarterly earnings . WFC 5Y mountain Wells Fargo 5 years In response, Barclays raised Wells Fargo's price target to $75 apiece from $66 on Sunday, implying roughly 23% upside from Friday's prior close. In fact, in Jim's Sunday column , he argued that Wells Fargo's earnings report may be the best of the batch so far. Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City.

Persons: Wells, Wells Fargo, That's, Wells Fargo's, Charlie Scharf, Piper Sandler, JPMorgan Chase, Jamie Dimon, Goldman Sachs, Morgan Stanley, Jim, we're, dealmaking, Jim Cramer, Charlie Scharf's, Piper Sandler's, Jim Cramer's, Michael M Organizations: Wall, Barclays, Wells, Federal Reserve, JPMorgan, Bank of America, Citigroup, Wall Street, Club, CNBC, Broadway, Santiago, Getty Locations: Wells Fargo, Wells, New York City

☆ Stocks making the biggest moves premarket: Flutter Entertainment, Boeing, SiriusXM, Caterpillar and more
▼ + stars: | 2024-10-14 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Crypto stocks – Stocks linked to cryptocurrencies rose as Bitcoin soared above $64,000 to start the week. Flutter Entertainment – The FanDuel parent company popped 4% after Wells Fargo upgraded shares to overweight , saying that investors should consider buying the stock following the recent sell-off. Boeing also postponed the delivery of its still-uncertified 777X wide-body plane and forecasted a wider-than-expected loss for the third quarter. Sirius XM Holdings – The audio entertainment company rose 3.5% after Warren Buffett's Berkshire Hathaway disclosed that it purchased more of the stock. Caterpillar – The industrial company slipped more than 2% after Morgan Stanley downgraded shares to underweight from equal weight.

Persons: MicroStrategy, Mara, Mara Holdings —, Coinbase, Wells, Warren Buffett's Berkshire Hathaway, Morgan Stanley, Goldman Sachs, AppLovin, Eli Lilly's, —, Alex Harring, Samantha Subin, Jesse Pound, Sarah Min, Hakyung Kim, Pia Singh Organizations: Mara Holdings, Boeing –, Boeing, Sirius XM Holdings, Berkshire, Sirius, Caterpillar, Walmart, Food and Drug Administration

☆ Stock market today: Indexes trade mixed as investors await wave of earnings results
▼ + stars: | 2024-10-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks were mixed on Monday as investors await third-quarter earnings from major companies. Investors will monitor retail sales and jobless claims data this week. AdvertisementUS stocks were mixed on Monday as investors await a wave of third-quarter earnings results this week. More than 40 S&P 500 companies are set to report results this week, including Netflix, Morgan Stanley, and Goldman Sachs. AdvertisementBoth data points will give investors insights into the health of the consumer and job market, respectively.

Persons: Christopher Waller, Adriana Kugler, —, Morgan Stanley, Goldman Sachs Organizations: Investors, Federal Reserve, Service, Netflix, Fed Locations: Fundstrat, Here's

☆ Avoid utilities, real estate and rate sensitive sectors, says 3Fourteen's Warren Pies
▼ + stars: | 2024-10-14 | 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 EmailAvoid utilities, real estate and rate sensitive sectors, says 3Fourteen's Warren PiesWarren Pies, 3Fourteen, joins 'Closing Bell' to discuss his market outlook and playbook through year-end.

Persons: Warren

☆ Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
▼ + stars: | 2024-10-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

As CEO of one of the world's largest industrial conglomerates, Honeywell 's Vimal Kapur doesn't think about AI like most individuals. "There is always a trend which makes your skills obsolete, every five years," Kapur said at the recent CNBC Evolve: AI Opportunity Summit in New York City. The AI opportunity for Honeywell is creating a new labor pool that can learn and work alongside AI and accumulate and deploy institutional knowledge much faster. "The future belongs to companies with 'first-order' data sets," he told CNBC "Closing Bell Overtime" anchor Jon Fortt at the Evolve: AI Opportunity event. "Data and data sets are the next frontier for AI," Delangue said.

Persons: Kapur, It's, it's, Jake Loosararian, Jon Fortt, Clément Delangue, Delangue, Katherine Forrest, Paul, Weiss, Garrison, Honeywell's Kapur Organizations: Honeywell, Labor, Nvidia, Gecko Robotics, CNBC, Amazon, Google Locations: New York City, industrials, Rifkind, Wharton

☆ Diversifying with an Asia fund safer than just being in China: emerging markets investor Mobius
▼ + stars: | 2024-10-14 | 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 EmailDiversifying with an Asia fund safer than just being in China: emerging markets investor MobiusMark Mobius, Mobius Emerging Opportunities Fund chairman, joins 'Closing Bell Overtime' to talk investing in China, risk in the Middle East and more.

Persons: Mark Organizations: Fund Locations: Asia, China

☆ Earnings revisions should pick up again, says iCapital's Anastasia Amoroso
▼ + stars: | 2024-10-14 | 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 EmailEarnings revisions should pick up again, says iCapital's Anastasia AmorosoAnastasia Amoroso, iCapital chief investment strategist, joins 'Closing Bell' to discuss markets, earnings revisions, and the likelihood of a soft landing.

Persons: iCapital's Anastasia Amoroso Anastasia Amoroso

☆ Watch CNBC's full interview with Mobius Emerging Opportunities Fund's Mark Mobius
▼ + stars: | 2024-10-14 | 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 EmailWatch CNBC's full interview with Mobius Emerging Opportunities Fund's Mark MobiusMark Mobius, Mobius Emerging Opportunities Fund chairman, joins 'Closing Bell Overtime' to talk investing in China, risk in the Middle East and more.

Persons: Mobius Mark Organizations: Mobius, Fund Locations: China

☆ Stock market today: S&P 500 hits another record close as rally presses on amid earnings
▼ + stars: | 2024-10-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

US stocks hit record highs on Monday as investors get ready for a wave of earnings reports. Over 80 S&P 500 companies, including Netflix and Goldman Sachs, report earnings this week. Monday's close marked the S&P 500's 46th record close of the year, as investors continue to power the two-year-old bull market higher. More than 80 S&P 500 companies are scheduled to report third-quarter earnings results this week, with major names like Netflix, Goldman Sachs, and Morgan Stanley on deck. According to data from Fundstrat, 6% of S&P 500 companies have already reported their results.

Persons: Goldman Sachs, Fed Governor Waller, —, Monday's, Morgan Stanley, Adriana Kugler, Christopher Waller, Waller Organizations: Netflix, Fed, Service, Dow Jones, Dow, Federal, Stanford University's Hoover Institution Locations: Fundstrat, Here's

☆ Dow futures are little changed after index closes above 43,000 for the first time: Live updates
▼ + stars: | 2024-10-14 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Dow Jones Industrial Average futures are near flat Monday night after the blue-chip index closed at a record. S&P 500 futures and Nasdaq 100 futures also both traded near their flatlines. Those moves come after a winning day on Wall Street that propelled the S&P 500 and Dow to new intraday highs and record closes. Information technology stocks led the S&P 500 higher in the session, with the sector finishing nearly 1.4% higher. Beyond banks, United Airlines , Walgreens Boots Alliance and Johnson & Johnson are also on the docket.

Persons: Scott Chronert, Goldman Sachs, Johnson, Mary Daly, Raphael Bostic, Adriana Kugler Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Nvidia, Citigroup, Bank of America, United Airlines, Walgreens Boots Alliance, Johnson, San Francisco Federal, Atlanta Fed Locations: New York City, Citi's, United

☆ Sorry fast food fans — your burger is only going to get more expensive
▼ + stars: | 2024-10-14 | by ( Nora Redmond | ) www.businessinsider.com time to read: +6 min

Beef prices in the US are rising due to a historic drought and herd liquidation. Fast food chains like McDonald's and Burger King have already raised prices due to inflation. AdvertisementInflation has not been kind to food prices — especially for eating out. AdvertisementThe USDA reported that this led to record retail beef prices, with an all-fresh value of $8.15 per pound for July. "The reality is over the next couple of years, beef prices are going to continue to go higher," Zimmerman said.

Persons: Burger King, —, Chris Kempczinski, Burger, Lance Zimmerman, Rabo AgriFinance, McDonald's, Erin McDowell, Zimmerman, Taco Bell, Jay Bandy, Bandy, Dudler Organizations: Service, Starbucks, McDonald's, KFC, Brands, Department of Agriculture, Goliath Consulting, Accenture Locations: Olive, Taco, Georgia

☆ We're buying more of a stock that has gone on sale since reporting earnings
▼ + stars: | 2024-10-14 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Following the trade, Jim Cramer's Charitable Trust will own 400 shares of STZ, increasing its weighting to 2.75% from 2.58%. We are buying some shares of Constellation Bands now that we are no longer restricted from trading the beer maker's stock. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. 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's, Jim Cramer, Jim Organizations: Constellation Brands, STZ, Constellation Bands, Modelo, Corona, CNBC

Search resuls for: "Bell"

25 mentions found