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☆ Bokeh's Kim Forrest calls Microsoft ChatGPT investment 'a smart move'
▼ + stars: | 2023-01-25 | 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 EmailBokeh's Kim Forrest calls Microsoft ChatGPT investment 'a smart move'Kim Forrest, Bokeh Capital Partners CIO, and Ashley Gold, tech and policy reporter at Axios, join 'The Exchange' to discuss Microsoft shares slipping on weak guidance.

☆ Private companies could follow layoff trend at public companies, says Bokeh's Kim Forrest
▼ + stars: | 2023-01-20 | 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 EmailPrivate companies could follow layoff trend at public companies, says Bokeh's Kim ForrestKim Forrest, Bokeh Capital Partners CIO, joins 'The Exchange' to discuss mounting layoffs in the tech space, over hiring practices losing steam, and restructuring workforces to meet future needs.

Jan 3 (Reuters) - Apple Inc's (AAPL.O) stock market value fell sharply on Tuesday following its steep drop last year, putting it on track to end below $2 trillion for the first time since June 2021. The sell-off comes a year after the iPhone maker became the first company to reach the $3 trillion market capitalization milestone. At Apple's current stock price, the company is worth $1.98 trillion, just ahead of Microsoft Corp (MSFT.O), currently valued at $1.78 trillion. The combined stock market value of Apple, Microsoft, Amazon.com Inc (AMZN.O), Alphabet Inc (GOOGL.O) and Meta Platforms (META.O) now accounts for about 18% of the S&P 500, down from as much as 24% in 2020. Apple vs the S&P 500 since the iPhone's introductionEven after its 27% drop last year, Apple has provided stellar returns to long-term shareholders.

☆ Elon Musk's Twitter drama has been 'nightmare on Elm Street' for Tesla investors, say Dan Ives
▼ + stars: | 2022-12-23 | 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 EmailElon Musk's Twitter drama has been 'nightmare on Elm Street' for Tesla investors, say Dan IvesDan Ives, managing director of equity research at Wedbush Securities and Kim Forrest, chief investment officer at Bokeh Capital Partners, join 'The Exchange' to discuss tech market demand from the U.S. to China, Musk's struggle with Tesla coming off his Twitter acquisition, and the impact of rate hikes on tech names.

Major U.S. equity averages marked their fourth straight session of losses on Monday as investors shied away from riskier bets, worried that the Federal Reserve's interest rate hikes could push the U.S. economy into recession. Financial stocks (.SPSY) climbed 0.9%, with banks benefiting from a rise in Treasury yields. The Fed struck a hawkish tone last week at its policy meeting by saying that it expects interest rates to remain higher for longer, sparking a selloff across stock markets. Treasuries fell following the BOJ's shock move, with the benchmark 10-year Treasury yield rising to a three-week high of 3.68%. The S&P index recorded one new 52-week high and 12 new lows, while the Nasdaq recorded 31 new highs and 228 new lows.

Wall Street's main indexes continued their losing streak for a fourth straight session on Monday as investors shied away from riskier bets, worried that the Federal Reserve's interest rate hikes could push the U.S. economy into recession. The Fed has managed to slow the economy down so it's likely that earnings estimates (for Q4) are going to come down. Treasuries fell following the BOJ's shock move, with the benchmark 10-year Treasury yield rising to a three-week high of 3.66%. Earlier, data showed U.S. single-family homebuilding tumbled in November as higher mortgage rates continued to depress housing market activity. A slew of other economic data due this week including consumer confidence and core inflation will provide more clues to investors on future interest rate hikes.

☆ Bonds a very good hedge against volatility and risky assets, says Societe Generale's Rajappa
▼ + stars: | 2022-12-14 | 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 EmailBonds a very good hedge against volatility and risky assets, says Societe Generale's RajappaSubadra Rajappa, Societe Generale head of U.S. rates strategy, and Kim Forrest, Bokeh Capital Partners CIO, join 'The Exchange' to discuss the net impact of rising interest rates, Rajappa's thoughts on investing in the bond market and how Forrest views the investing landscape right now.

☆ Don't think the Fed's going to kill the economy, but we are going to slow down, says Bokeh's Kim Forrest
▼ + stars: | 2022-12-01 | 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 EmailDon't think the Fed's going to kill the economy, but we are going to slow down, says Bokeh's Kim ForrestKim Forrest, chief investment officer at Bokeh Capital Partners, joins 'The Exchange' to discuss her long term market forecast, growth stocks for investors and economic slowing related to monetary policy.

"From a markets perspective, you have to be cautious going forward," said Michael O'Rourke, chief market strategist at JonesTrading. "They're the biggest stocks in the market, and we really haven't had much of anything good come out of any of them." The Fed has already raised rates by 300 basis points this year as it fights the worst inflation in decades. "The big technology companies like Amazon continued hiring to support a business that looks like the year 2021, and it's not 2021. Despite the big stock price drops, some investors see more pain for the big tech-focused names.

☆ Weak Amazon outlook another blow to tech-type growth shares
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +7 min

But Apple earnings on Thursday were a bright spot, with higher than expected revenue leaving its shares (AAPL.O) only slightly lower. But then we look at the Apple report and they reported strong growth in a lot of their consumer categories. Going into the holiday season you would expect the consumer to really ramp up so that I see a big divergence between Apple and Amazon." What we saw in the past is that in a period of growth, tech really grew faster than anything else and got multiples that reflected that. There was always concern going into earnings, and quarter after quarter, they surprised to the upside.

☆ I think UPS's quarter announcement was really great, says Boca Capital's Forrest
▼ + stars: | 2022-10-26 | 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 EmailI think UPS's quarter announcement was really great, says Boca Capital's ForrestKim Forrest, Boca Capital Partners CIO, joins 'The Exchange' to discuss UPS earnings, what could slow the Fed's rate hikes, if Canada's central bank moves are a foreshadow of what's to come in the U.S. and more.

Oct 21 (Reuters) - Snap Inc (SNAP.N) shares sank more than 30% on Friday and hit their lowest since the pandemic, after the company's forecast of zero revenue growth pointed to more pain ahead for a social media sector heavily dependant on digital advertising. Facebook-parent Meta Platform Inc (META.O) and Pinterest Inc (PINS.N) fell between 2% and 7%. read moreAnalysts rushed to cut their price target on Snap, with Morgan Stanley taking it to a Wall Street low of $7. Register now for FREE unlimited access to Reuters.com RegisterMacroeconomic concerns, changing social media user behavior affects advertiser spendingThe digital ad space has suffered as brands have cut marketing and ad budgets in response to declining consumer demand. Snap reported its slowest revenue growth as a public company for the latest quarter on Thursday, and forecast no revenue growth for the typically busy holiday quarter.

☆ Wall St rallies after Goldman, Lockheed results
▼ + stars: | 2022-10-18 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

The gains help lift the S&P industrials index (.SPLRCI) 1.79%, the strongest performance of the 11 major sectors. Analysts now expect quarterly earnings growth for S&P 500 companies of just 2.8% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data. Fed officials have largely been in sync in comments about the need for the central bank to tamp down inflation. Netflix (NFLX.O) lost 1.90% ahead of its earnings report after markets close, with all eyes on the video-streaming company's subscriber growth, which is seen falling in the third quarter. The S&P 500 posted 3 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 61 new highs and 81 new lows.

☆ Saga of Wall Street's pandemic darlings ends with tears
▼ + stars: | 2022-10-12 | by ( Sinéad Carew | ) www.reuters.com time to read: +5 min

Its problems put a spotlight on other pandemic hot-shots like Zoom Video Communications (ZM.O), Nautilus Inc (NLS.N), DocuSign Inc (DOCU.O) and DoorDash Inc (DASH.N). Register now for FREE unlimited access to Reuters.com RegisterGrowth investors pushed Peloton stock to a $171.09 record in early 2021. Others bought exercize gear from Nautilus during the pandemic, sending its stock up to $31.30 in early 2021. So, while people might still be using the Peloton, not enough people are buying the Peloton," said Forrest. While one possible outcome for pandemic favorites with slowing growth could be a buyout by a larger company, Schleif is wary of making this bet.

☆ Watch CNBC’s full interview with Bokeh Capital's Kim Forrest
▼ + stars: | 2022-09-28 | 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 Bokeh Capital's Kim ForrestKim Forrest, Boca Capital Partners chief investment officer, joins 'The Exchange' to discuss the bond markets and why she likes Coca-Cola stock.

☆ Coca-Cola will continue to gain tailwinds from consumers dining out, says Bokeh Capital's Kim Forrest
▼ + stars: | 2022-09-28 | 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 EmailCoca-Cola will continue to gain tailwinds from consumers dining out, says Bokeh Capital's Kim ForrestKim Forrest, Bokeh Capital Partners chief investment officer, joins 'The Exchange' to discuss the bond markets and why she likes Coca-Cola stock.

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