DIRS.INFO The most relevant business & tech news

☆ Apple, Microsoft Dominate U.S. Markets After FAANG Trade Fizzles
▼ + stars: | 2023-03-22 | by ( Hardika Singh | ) www.wsj.com time to read: 1 min

Apple has emerged as a haven in the stock market turmoil, bringing its weighting in the S&P 500 to 7.11%. The FAANG era is apparently over. The U.S. market is dominated by just two stocks now. The combined weighting of Apple Inc. and Microsoft Corp. in the S&P 500 has risen to 13.3%, the highest level on record, while the influence of other big technology stocks has waned of late. That is according to Strategas Securities data going back to 1990.

☆ A popular post on Blind says all tech workers who got jobs during the pandemic were 'charity cases,' but getting hired now at a big tech company will actually mean something
▼ + stars: | 2023-03-20 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

A popular post on workplace forum Blind calls tech workers hired during the pandemic "charity cases." One popular post on the anonymous workplace forum Blind takes that a step further, saying tech employees brought on during the pandemic were "charity cases." Tech companies added many new employees to their ranks during the pandemic, when business was booming for the sector. At the time time, other commenters on the popular Blind post defended employees who got tech jobs during the pandemic. "Also I refuse to believe I am some charity case, I was good enough for the company, did their process and got hired.

☆ Bank of America says the stock market's lows will be tested
▼ + stars: | 2023-03-17 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

A notable Bank of America strategist said investors should fade any rebound in stocks off the government's efforts to backstop the banking system this week, as the S & P 500 's lows from last October will likely be revisited. "Stock lows to be tested one last time (in the) coming months," wrote Michael Hartnett, chief investment strategist at Bank of America. After tumbling into a bear market, the S & P 500 is up 12% from its low last October. The emerging bank crisis this month stemming from the collapse of Silicon Valley Bank has put investors on edge before a key Federal Reserve decision on interest rates next week. .SPX 6M mountain S & P 500, 6 months "Banking crises are followed by tighter lending standards and lower risk appetite," wrote Hartnett.

☆ Here's what market forces and company innovations Club members care about most
▼ + stars: | 2023-03-05 | by ( Jim Cramer | ) www.cnbc.com time to read: +6 min

I spent the day last weekend with CNBC Investing Club members in New York City. We own Meta, Amazon and Alphabet for my Charitable Trust, which we use as our Club portfolio. 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.

☆ Investor says tech has yet to bottom — and reveals the mega-cap stocks to avoid
▼ + stars: | 2023-02-27 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Tech stocks have been on the up this year; the Nasdaq Composite is the best-performing Wall Street index, up around 11% since the start of 2023. But tech investor Mark Hawtin believes the sector's resurgence is nothing more than just another bear market rally. "At the end of the day, Google and Facebook are advertising businesses, they use technology to run their platforms, but they are dependent on advertising," Hawtin said. About 88% of analysts covering Alphabet rate it a "buy," and give it average upside of 36.3%. Meta is also well-liked by analysts, with 67% of its analysts giving it a buy rating, and potential upside of 19.3%.

☆ How big investors are playing the latest A.I. trend overtaking Wall Street
▼ + stars: | 2023-02-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

But not every company with AI in its title, or a stake in the race, may be worth investors' hard earned cash. Given these recent developments, many investors recommend staying long Microsoft, including Sid Choraria, a portfolio manager at SC Asia. Microsoft's AI developments and the reported blunder of Google's chatbot during a promotional video have fueled concerns in recent weeks that Alphabet may be losing the AI war . "Stay focused on Alphabet," he said, adding that more AI developments should create additional revenue opportunities. Integrating an AI tool into Alibaba's business and more AI content generation should improve efficiency and boost advertising effectiveness, he added.

☆ A renowned market bear who called the dot-com crash warns stock valuations are at 'nosebleed' levels — and suggests that tech stocks could be the market's 'Achilles' heel'
▼ + stars: | 2023-02-24 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

Societe Generale's Albert Edwards warns stock valuations are at 'nosebleed' levels. Historically, when yields are low, higher stock valuations are accepted as investors seek yield. But currently high yields in the Treasury market mean stock valuations, on a historical basis, should be lower. Societe GeneraleEdwards said the drop in long-term growth expectations could be assigned to a deteriorating outlook for tech stocks. Societe Generale"An expensive US CAPE ratio has long been justified by the US market's far higher weighting in tech," he said.

☆ The tech meltdown comes for Gen Z
▼ + stars: | 2023-02-14 | by ( Aki Ito | ) www.businessinsider.com time to read: +7 min

The tech industry was teetering, and she wondered whether the future she had banked on would survive. On Handshake, a leading jobs board for college students, entry-level software positions in the tech industry slumped 14% last year. "I'm finding that students are pivoting to organizations that have IT functions but are not in the tech industry," says Laura Garcia, director of career education at Georgia Tech. Given the seismic downturn in tech, some students are rethinking their dreams of working for the Amazons and Googles and Metas of the world. Suddenly, in the eyes of Gen Z, tech seems to be just as ruthless and unreliable of an employer as banking did to millennials who came of age in the Great Recession.

☆ Meta stock could jump 30% as Mark Zuckerberg sobers up on his metaverse ambitions and focuses on other initiatives, Gene Munster says
▼ + stars: | 2023-02-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Meta stock could see a 30% upside as Mark Zuckerberg shows he's listening to investors, Gene Munster says. Despite the Meta CEO's ambitions in the metaverse, Zuckerberg promised investors a "year of efficiency." But Zuckerberg shifted his tone in Meta's latest earnings call, Munster noted. "It's as if Zuckerberg is just saying what investors want to hear," Munster said in an interview with CNBC on Thursday. Munster estimated that the firm's earnings would rise 17%, adding Meta and other FAANG stocks could see upside of around 30% in 2023.

☆ Looking beyond FAANG: Here's how the Club portfolio lines up with the Dow's workhorse stocks
▼ + stars: | 2023-01-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

Think most of the stocks in the Dow Jones Industrial Average or the kind of stocks Warren Buffett loves to own for Berkshire Hathaway ." But in the near term, we still favor stocks of companies that are the backbone of the real economy. Dow Inc (DOW): The materials company we own in the portfolio is industrial gas giant Linde (LIN). 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.

☆ Jim Cramer says his group of 'FANG' tech companies have lost their magic
▼ + stars: | 2023-01-30 | 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 EmailJim Cramer says his group of 'FANG' tech companies have lost their magicCramer gave his thoughts on the FAANG acronym.

☆ Jim Cramer says his group of FANG tech companies have lost their magic
▼ + stars: | 2023-01-30 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday said that it's time to acknowledge that his group of Big Tech FANG companies — the acronym for Facebook parent Meta Platforms , Amazon , Netflix and Google parent Alphabet that was first coined by the "Mad Money" host — aren't infallible market leaders. Stocks fell on Monday ahead of a potential interest rate hike from the Federal Reserve and a busy week of earnings, including reports from Meta, Amazon and Alphabet. Cramer said that one of his main issues with FANG is that the companies are opaque, which doesn't allow investors to make informed decisions about their stocks. Alphabet: The Google parent company is largely an advertising business, which has been hit hard by the slowing economy, yet remains unclear about the challenges it's likely facing. Disclaimer: Cramer's Charitable Trust owns shares of Meta, Amazon, Alphabet and Apple.

☆ Options traders give trades heading into FAANG earnings
▼ + stars: | 2023-01-27 | 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 traders give trades heading into FAANG earningsThe "Options Action" traders break down the options activity surrounding Meta shares.

☆ Tech stocks lead a Wall Street rally on week's final trading day — listen to 'The Homestretch'
▼ + stars: | 2023-01-20 | by ( ) www.cnbc.com time to read: +10 min

THAT'S WHEN, REMEMBER, THE FEDWAS SAYING THAT INFLATION WASTRANSITORY OVER A YEAR AGO, ITWAS THE MARKET THAT SNIFFED THATOUT FIRST. THEN MICROSOFT, I THINK IT ISREACTING VERY WELL TO THE FACTTHAT IT DID LAYOFF THOSE PEOPLEINITIALLY. THEY WILL BE HIGHER AND THATMAKES THE STOCK LOOK CHEAPERTHAN WHAT IT WAS, SAY, AT THESTART OF THE YEAR. I THINK THE STOCK IS GOING TO200, SPLITTING INTO TWODIFFERENT DIVISIONS. >> LOOK, MICROSOFT IS A COMPANYTHAT I THINK, AS I SAID INYESTERDAY'S MEETING, THE CLASSICTECH THAT GOES UP IF THE FEDSTARTS TIGHTENING AND ONE DAYTHE FED WILL, INDEED, STOPTIGHTENING.

☆ I would be a buyer of Tesla at current levels, says Neuberger Berman's Dan Flax
▼ + stars: | 2023-01-09 | 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 EmailI would be a buyer of Tesla at current levels, says Neuberger Berman's Dan FlaxDan Flax, Neuberger Berman senior research analyst, joins CNBC's 'Squawk Box' to discuss Tesla, FAANG stocks, and more.

☆ Startups find better access to talent as top tech companies cut jobs, freeze hiring
▼ + stars: | 2022-12-29 | by ( Jennifer Elias | ) www.cnbc.com time to read: +8 min

More than 50,000 tech workers were let go from their jobs in November, according to data collected by the website Layoffs.fyi. “Given the tech layoffs and lower hiring by the big-tech companies, folks are looking for smaller tech companies to join,” said Christopher Fong, founder of Xoogler.co, a network for ex-Google employees. In the absence of the stability that the largest tech companies once offered, workers are looking to startups and midsize companies that offer greater flexibility and, in some case, the opportunity to have a bigger impact. “I tried not to think a lot about tech layoffs when interviewing," Bell said. Lauren Illovsky, talent partner for Alphabet's CapitalG venture firm said “hiring has gotten a little easier" for the group's portfolio companies.

☆ The Nasdaq had its worst year since 2008. These are the best and worst performers and what to expect in 2023
▼ + stars: | 2022-12-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +9 min

2022 brought an end to an impressive bull run for technology — and the worst year for the Nasdaq Composite since 2008. Energy stocks, meanwhile, found favor in investors' portfolios, as did healthcare and financials. Given this outlook, CNBC examined some of the worst and best-performing stocks in the Nasdaq 100 this year. Energy stocks Energy won 2022, benefitting from volatile oil prices triggered by the war in Ukraine. Meta Platforms was the worst-performing FAANG name, and one of the poorest-performing Nasdaq stocks.

☆ We're adding to our position in this FAANG name that's down 50% this year
▼ + stars: | 2022-12-19 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

After the opening bell, we will be buying 50 shares of Amazon (AMZN) at roughly $88 each. Following Monday's trade, Jim Cramer's Charitable Trust will own 800 shares of AMZN, increasing its weighting in the portfolio to 2.52% from 2.36%. After Friday's market decline, the Oscillator moved into oversold territory with a reading of minus 4.86%. It's been a brutal year for Amazon (AMZN), the e-commerce and cloud computing giant, with shares down nearly 50% due to price-to-earnings multiple compression and downward earnings revisions. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Buying these 9 ETFs will give investors a leg up in 2023 and for the rest of the bull market after a near-record year, according to Bank of America
▼ + stars: | 2022-12-09 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Bank of America is telling investors not to increase their stock investments until early 2023. It's telling investors which ETFs to buy to apply those themes in 2023 and beyond. So Woodard's group is telling investors that next year will be marked by a mild recession, lower inflation, and reduced corporate profits. Collectively, investors have poured $510 billion into equity ETFs this year, which is the second-highest on record according to BofA. In deciding which funds to buy next year, BofA first recommends that investors tack away from large, high-growth stocks.

☆ Jim Cramer: Why the two-day rally to end last week is significant — and what to expect next
▼ + stars: | 2022-11-13 | by ( Jim Cramer | ) www.cnbc.com time to read: +8 min

You would just stay mum, enabling investors to expect another raise of 75 basis points, especially if retail sales this week come in above expectations. The best that can be said, though, is that the two days up to end last week seem significant — especially in light of the collapse of FTX. 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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Investors gobble up bonds as worst of inflation may be over -BofA
▼ + stars: | 2022-11-11 | by ( Lucy Raitano | ) www.reuters.com time to read: +3 min

Investors bought $2.6 billion of bonds in the week to Wednesday, BofA said, citing EPFR data. "Inflation shock" is over, but 'inflation stick' of briskly rising services and wage inflation is here to stay; inflation will come down but to remain above range past 20 years," BofA strategists, led by Michael Hartnett, said. Inflation shock, rates shock and recession shock defined the the 2022 bear narrative, Bofa said, adding that 2023 looks very different. "2023 bull narrative is 'peak CPI, peak Fed, peak yields, peak US dollar'; we say 'rent the pivot' as 'no recession, no rate cuts'," the bank's strategists said. BofA said U.S. 30-year Treasuries, small-cap industrials and resources, emerging market bonds, plus China/Japan and weak dollar plays were on its list.

☆ Investors gobble up bonds as worst of inflation may be over - BofA
▼ + stars: | 2022-11-11 | by ( Lucy Raitano | ) www.reuters.com time to read: +2 min

LONDON, Nov 11 (Reuters) - Investors bought more bonds than at any time in the last four months in the week to Wednesday as signs emerged that inflation may have peaked, BofA Global Research said on Friday. Investors bought $2.6 billion of bonds in the week to Wednesday, BofA said, citing EPFR data. "Inflation shock" is over, but "inflation stick" of briskly rising services and wage inflation is here to stay; inflation will come down but to remain above range past 20 years," BofA strategists, led by Michael Hartnett, said. In the latest week, investors pulled $4.6 billion from equity funds and ploughed $2.4 billion into cash. Inflation shock, rates shock and recession shock defined the the 2022 bear narrative, Bofa said, adding that 2023 looks very different.

☆ Equity access: Here's one hedge fund strategy in ETF form
▼ + stars: | 2022-11-08 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +1 min

Hedge fund strategies utilize a range of approaches to maximize returns on market swings. New York-based firm Dynamic Beta investments runs the iMGP DBi Hedge Strategy ETF (DBEH) in the U.S. The fund uses futures contracts to model the performance of 40 equity long/short hedge funds to deliver equity-like returns over time. While the fund emulates hedge fund strategies, it operates index-based futures contracts rather than individual stocks. "We're trying to give you the building blocks where you can say, 'I want this much in this strategy, I want that much in that strategy.'

☆ What Cramer is watching Monday — midterm election, Apple in China, cloud collapse
▼ + stars: | 2022-11-07 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

What I am looking at Monday, Nov. 7, 2022 U.S. stock futures bounced after breaking multiweek weekly winning streaks. Club holding Apple (AAPL) issues with Covid restrictions slowing down iPhone production in China is supply not demand. Club holding Coterra Energy (CTRA) upgraded by Wolfe Research to peer perform from underperform (hold from sell). Club holding Wells Fargo (WFC) still cheapest and putting worst behind it. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Rate Squeeze Punishes Once-Triumphant Tech Stocks
▼ + stars: | 2022-10-30 | by ( Gunjan Banerji | Hannah Miao | ) www.wsj.com time to read: 1 min

The Nasdaq Composite Index’s value has dropped this year by about $8 trillion. Shares of the largest U.S. technology firms have fallen out of favor in the most pronounced way since the 2000 tech bubble, victims of a shift in investors’ tastes inspired by rising interest rates. The 2022 market bust has turned the popular “FAANG trade”—the practice of buying fast-growing technology titans such as Facebook owner Meta Platforms Inc., Apple Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc.—into a pumpkin. Of those five companies, only Apple, down 12% this year, has outpaced the Nasdaq Composite Index’s 29% decline.

Search resuls for: "FAANG"

25 mentions found