DIRS.INFO The most relevant business & tech news

☆ S&P 500 chart analysis shows pullback is likely and investors should hedge
▼ + stars: | 2024-04-02 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

The S & P 500 is under pressure in the first few trading sessions of the second quarter as economic data continues to be strong and inflationary pressures remain elevated. The stock market rally has been nothing short of amazing reflecting the strong underlying economy and strong earnings companies reported in Q1. Fibonacci levels to watch In 2022, the S & P 500 dropped 1,327 points, or 27.5%. The market gathered itself, broke to new highs, and is now testing the next key Fibonacci extension level of 127.2% at S & P 5259. If however this resistance zone does not reverse price, then the next extension level we'll be targeting is the 1.618% at 5880.

Persons: I've, they've, Pythagoras, you'll, Todd Gordon Organizations: Inside Edge Locations: Italian, Greece

☆ Half a million California fast food workers will now earn $20 per hour
▼ + stars: | 2024-04-01 | by ( Natasha Chen | ) edition.cnn.com time to read: +7 min

CNN —As of Monday, about half a million fast food workers in California are making at least $20 per hour, $4 higher than the overall state minimum wage. This council can also recommend standards for fast-food worker safety and work with existing state agencies to investigate issues like wage theft. Mendelsohn, who owns six El Pollo Loco locations, has long championed workers’ rights, including helping trans workers connect with jobs. “I just wish it was being done over a longer period of time and it wasn’t just fast food,” Mendelsohn said. Additionally, they hope the council can discus fair working conditions, including wage theft, excessive heat and violence at work.

Persons: “, ”, Jaylene Loubet, We’re, Michaela Mendelsohn, Scott Rodrick, Rodrick, ” Rodrick, it’s, I’ve, Mendelsohn, you’re, ” Mendelsohn, Loubet, ” Loubet, isn’t Organizations: CNN, El, Workers, ” Locations: California, San Francisco Bay, “, Los Angeles

☆ This chip stock is mounting another attempt at a breakout, according to the charts
▼ + stars: | 2024-03-26 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

Arm Holdings is a UK-based semiconductor and software design company that has been around for quite some time and been through multiple corporate events, changes of ownership and multiple large investors. The majority shareholder of Arm (ARM) is Japanese conglomerate Softbank, which bought the company in 2016 before taking it public again on the Nasdaq in 2023. The stock formed a base into March, held $120-area support and is now mounting another attack after breaking the gray dotted downtrend resistance/trigger level at $135. I do not yet hold the stock, but I am looking to add to our holdings at current levels and will require the stock to remain above that $135 breakout level now serving as support. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: we're, They're, Gordon Organizations: Nasdaq, ARM, Nvidia, Cadence Design Systems, IBM, Intel, AMD, Apple, Facebook, Google, Inside Edge Locations: UK

☆ An even better way to play a potential small-cap stock breakout, according to the charts
▼ + stars: | 2024-03-23 | by ( Todd Gordon | ) www.cnbc.com time to read: +5 min

Is the breakout from resistance likely and should you consider allocating exposure to this basket of 2000 small capitalization stocks? I think the breakout should occur, but I don't think we should increase exposure to the Russell 2000 for two reasons. Ideally the rotation was going to carry through into the upper-right green quadrant indicating confirmed outperformance relative to the S & P 500. I'm not saying we shun small caps all together and continue to focus on the large caps. We need to focus on fundamentally sound small cap companies and we can do so through the Pacer US Small Cap Cash Cows 100 ETF (CALF) .

Persons: Russell, Powell, Gordon, POWL Organizations: Federal Reserve, Powell Industries, Edge, Inside Edge Capital Management

☆ 'Act like you're dead': What Anthony Scaramucci tells clients nervous about bitcoin's big swings
▼ + stars: | 2024-03-23 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Bitcoin investors shouldn't sell amid high volatility, Anthony Scaramucci said. He said clients have been dismayed by the crypto's big price swings. He said at the Bitcoin Investor Day conference that his advice to clients is to "act like you're dead." "So act like you're dead with your bitcoin and don't sell your bitcoin. That occurrence, industry experts say, could create a supply shock and ultimately push the price of bitcoin higher.

Persons: Anthony Scaramucci, —, Anthony Pompliano, Scaramucci, Donald Trump, Charles Schwab, Bitcoin, Cathie Wood Organizations: Service, SkyBridge, Wall Street, White, Communications, Securities and Exchange, BlackRock, Fidelity, SEC

☆ ByteDance investor Mitchell Green: We would not sell even if TikTok was banned
▼ + stars: | 2024-03-22 | 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 EmailByteDance investor Mitchell Green: We would not sell even if TikTok was bannedMitchell Green, Lead Edge Capital founding partner, joins 'Squawk Box' to discuss the TikTok bill in Congress, what it means for a ByteDance investor like Green, how likely a ban will take effect, and more.

Persons: Mitchell Green, TikTok, Green Organizations: Edge Capital

☆ Climate and infrastructure startups are leaning into modularity — and investors are paying attention
▼ + stars: | 2024-03-11 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +5 min

The lines between climate tech and infrastructure startups have become increasingly blurred. Investments in infrastructure startups over time. Permitting remains a massive roadblock for climate projects and modularity can be one way to "get around some of those hurdles," added Ben Wolkon, partner at MUUS Climate Partners. Modular tech can also be distributed and containerized, with some startups hoping to roll out with partners on-site. It's not just industrial startups that are going modular and distributed — it encompasses carbon capture, water filtration, food systems, and energy, said Regeneration.VC's Hoffman.

Persons: Katie Hoffman, Mike Schroepfer, Seonghoon Woo, Tim Boeltken, Sierra Peterson, Ben Wolkon, It's, Regeneration.VC's Hoffman Organizations: Business, Venture, Investments, Facebook, Gigascale, MUUS Climate Partners Locations: Paris, New York

☆ Meet Boston's new power venture capitalist
▼ + stars: | 2024-03-06 | by ( Melia Russell | ) www.businessinsider.com time to read: +10 min

A changing of the guard is underway at Boston-based venture capital firm Underscore VC. The venture capitalist, wearing a cherry red cardigan and Apple Watch, cracked open a notebook and set it beside an iced coffee. Underscore VCLyman's Facebook credentials could have given her a ticket to many venture firms located down the road in Menlo Park. "The thesis is that if you get the right people around the business at the right time, it'll change the trajectory of the business," Lyman said. As Lyman steps up, so does UnderscoreUnderscore is moving into its next phase during a reckoning for venture capital.

Persons: Lily Lyman, —, Mike Greene, Marley, Lyman, Greene, she's, Michael Skok, John Pearce, Lyman —, Lily, they're, Skok, Alessandra Henderson, Pamela Aldsworth, Jeff Bussgang, Hi Marley, Gordon Ritter, Kevin Bacon, There's, Ritter Organizations: Service, Harvard University, Facebook, House, Apple Watch, Elektra Health, JPMorgan, New England Venture Capital Association, MIT, Allston Venture Fund, Harvard, Boston's, Capital Partners, OpenView Venture Partners, SEC, Old, Capital Locations: Boston, Old, Menlo Park

☆ '2024 will be the year of the zombie VC reckoning.' The first wave of walking-dead venture firms is here and it's already causing headaches for tech founders.
▼ + stars: | 2024-03-04 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

Unlike other businesses, venture firms do not suddenly go out of business. Limited partners such as pensions and endowments that fund venture firms have been choosier, cutting off capital to firms that have not generated acceptable returns. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December that it was suspending new investments and laying off staff. In a written statement, he later explained that Sinai Ventures has been rebranded to Sinai Capital Partners. Do you know of a venture firm no longer actively investing?

Persons: VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame —, Fudge, We're, Paul Weinstein, Weinstein, Ryan Swager, Brandon Zeuner, Alsop Louie, Alsop Louie Partners, Gilman Louie, Stewart Alsop, Jason Preston, Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Divergent's, Hone, Ben Bergman Organizations: Business, Bloomberg Beta, Lightship Capital, Sapphire Partners, BI, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Alsop Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, Alto , California, San Mateo , California, Lumia, Seattle, bbergman@insider.com

☆ '2024 will be the year of the zombie VC reckoning.' The first wave of dying venture firms is here and it's already causing headaches for tech founders.
▼ + stars: | 2024-03-04 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

AdvertisementUnlike other businesses, venture firms do not suddenly go out of business. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December it was suspending new investments and laying off staff. With the help of Pitchbook, BI looked through data for hundreds of venture firms. Hinge last raised a $19 million fund in 2021 but has not made an investment since November 2022, according to Pitchbook. Do you know of a venture firm no longer actively investing?

Persons: —, VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame, Fudge, We're, Paul Weinstein, Weinstein, Cofounders Ryan Swager, Brandon Zeuner, Louie, Alsop Louie Partners, Partners Gilman Louie, Stewart Alsop, Jason Preston, Partners Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Hone, Ben Bergman Organizations: Service, Business, Bloomberg Beta, Lightship, Sapphire Partners, BI, Sapphire Ventures, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, San Mateo , California, Seattle, Alto, bbergman@insider.com

☆ The pet drugs vets are now prescribing look a lot more like human medications
▼ + stars: | 2024-02-28 | by ( Ian Thomas | ) www.cnbc.com time to read: +7 min

If you want to understand how different the human and animal medicine and vaccine industries have historically been, you don't need to look much further than weight loss drugs. When Pfizer spun off its animal health business in 2013 creating Zoetis, about 65% of the company's business was livestock-related. That has flipped now, with 64% of the company's revenue coming from products for companion animals like cats and dogs. Peck credits the Pfizer spinoff for allowing Zoetis to better balance what the company wanted to do in animal health versus the human health side. A similar product was approved for cats, marking the first time that monoclonal antibody treatments, which have become increasingly popular for treating human illnesses, have been used to treat pet osteoarthritis pain.

Persons: Kristin Peck, Eli Lilly, Peck, Zoetis, We've, it's, We'll Organizations: CNBC, Novo Nordisk, Pfizer, AstraZeneca, FDA

☆ Bitcoin can certainly 'replace or be alongside' gold as a store of value, says Anthony Scaramucci
▼ + stars: | 2024-02-27 | 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 EmailBitcoin can certainly 'replace or be alongside' gold as a store of value, says Anthony ScaramucciAnthony Scaramucci, SkyBridge Capital founder and managing partner, joins 'Squawk Box' to discuss the state of the economy, latest bitcoin rally, crypto demand outlook, and more.

Persons: Anthony Scaramucci Anthony Scaramucci Organizations: SkyBridge Capital

☆ This burger play is breaking out on heavy volume. How to trade it using charts
▼ + stars: | 2024-02-27 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Let's breakdown the potential breakout in Shake Shack (SHAK) . Shake Shack recently reported exceptional earnings and the stock has jumped on strong trading volume. On the way back we stopped at Shake Shack in the Denver airport and the consensus was 8 out of 10. On Feb 15, SHAK reported earnings and revenue ahead of expectation. Breaking down the chart Turning to the technicals, the breakout through the $80 resistance level on significant volume following those fourth-quarter earnings was very impressive.

Persons: Shake Shack, SHAK, Randy Garutti, Gordon Organizations: Shake, Edge Locations: San Diego, U.S, Breckenridge, Denver, West Coast, East Coast

☆ The 'best' investment right now: Fund manager picks stocks with almost 15% total returns
▼ + stars: | 2024-02-26 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Shares of oil giants and European infrastructure companies can act as a hedge against inflation while also delivering strong annual growth, according to fund manager Freddie Lait. Lait manages two funds — the Latitude Horizon Fund and the Latitude Global Fund — with more than $750 million of assets collectively and holds all three stocks in both funds. BP SHEL 1Y line The fund manager explained that with oil currently around $85 per barrel, and his assumption of $70-75 long-term, his oil and gas stock picks can generate nearly double-digit annual returns for shareholders. 'Phenomenally interesting' stock Beyond energy names, Lait said his favorite inflation-linked stock is Vinci which he described as "phenomenally interesting." The company operates a mix of toll roads and civil engineering projects with long-term inflation adjustment mechanisms.

Persons: Freddie Lait, Lait, Vinci, Goldman Sachs Organizations: Latitude Investment Management, Shell, CNBC Pro, International Energy Agency, London Gatwick, Atlantic City International, Vinci Locations: Saudi Arabia's, Aramco, Burbank, United States

☆ Nvidia's blowout earnings could fuel interest in this 'Magnificent Seven' ETF
▼ + stars: | 2024-02-22 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

Meanwhile, the Roundhill Magnificent Seven ETF (MAGS) rose more than 4% and had already seen 280,000 shares traded as of Thursday afternoon, putting in on track to potentially set a new fund record for daily volume. The Roundhill fund has a simple structure that is resonating with some investors eager to buy even more of the Magnificent Seven. MAGS YTD mountain Roundhill's Magnificent Seven ETF tracks major tech stocks. In addition to capitalizing on investor demand for ways to play the megacap tech stocks, the Roundhill ETF is also a case study in fund marketing. So Roundhill pivoted out of "Big Tech" and into the trendier "Magnificent Seven."

Persons: BIGT, Tesla, MAGS, David Mazza, Mazza, Andrew Stewart Organizations: Nvidia, UBS, Nasdaq, Apple, Microsoft, Tesla, Big Tech, Roundhill Investments, Exchange Capital Management Locations: Americas

☆ The Nvidia trade looks crowded ahead of the chipmaker's earnings report, according to the charts
▼ + stars: | 2024-02-21 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Nvidia has been awarded the flagship status of companies leading the artificial intelligence revolution, and all eyes turn to fourth-quarter earnings after the bell Wednesday. The expectations are massive compared to the same quarter last year — and even compared to last quarter's earnings. The massive gains in price reflect this historic growth and the question is will the chart continue its rally following earnings? On Jan. 9 , I wrote about NVDA breaking through the 2023 resistance zone of $500 with targets of $650 in the first half of this year, and $775 in all of 2024. Expectations are for earnings of $4.59 per share vs 88 cents in Q4 of '23 and $4.02 in Q3 of '24.

Persons: It's, Eli Lilly, Elliott, Gordon, NVDA Organizations: Nvidia, UBS, Elliott, Tactical Alpha, Edge

☆ Navalny death is a pre-election gambit from Putin, anti-Kremlin activist Bill Browder says
▼ + stars: | 2024-02-17 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

Anti-Kremlin activist Bill Browder said he believes Alexei Navalny's death was intended as a message to political opponents of Russian President Vladimir Putin ahead of elections next month. Dissident Navalny, who died Friday, had been serving a 19-year prison sentence on charges of extremism in Russia, which he vehemently denied. World leaders reacted with dismay and suspicion to the death, with U.S. President Joe Biden saying "Putin is responsible." Russia's Foreign Ministry on Friday said the West's reaction to Navalny's death was "self-exposing," given that no forensic medical examination had been made available at the time. Browder, the CEO and co-founder of Hermitage Capital Management and a friend of Navalny, also accused the Russian leader of being behind the death.

Persons: Bill Browder, Alexei Navalny's, Vladimir Putin, Navalny, Joe Biden, Putin, Browder, Alexei Navalny, CNBC's Silvia Amaro Saturday Organizations: Kremlin, U.S, Hermitage Capital Management, Munich Security Conference Locations: Russia

☆ Anti-Kremlin activist Bill Browder says we need to save the lives of other Putin opponents
▼ + stars: | 2024-02-17 | 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 EmailAnti-Kremlin activist Bill Browder says we need to save the lives of other Putin opponentsAnti-Kremlin activist Bill Browder, CEO and co-founder of Hermitage Capital Management, speaks to CNBC's Silvia Amaro.

Persons: Bill Browder, Putin, CNBC's Silvia Amaro Organizations: Kremlin, Hermitage Capital Management

☆ Navalny is the latest in a long line of Putin critics who met an early death
▼ + stars: | 2024-02-16 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +15 min

CNN —When Russian opposition leader Alexey Navalny returned to Russia in 2021, there were many who feared he would face an untimely end. The Kremlin has said it is investigating the critic’s death, the circumstances of which were not immediately clear. After his death, opposition leader Ilya Yashin said his friend had been working on a report about Russian troops and their involvement in Ukraine. Nemtsov’s death came two days before he was set to lead an opposition rally in the Russian capital. Alexander PerepilichnyyOver the years, suggestions have emerged of the possible use of a rare plant poison in the death of Russian financier Alexander Perepilichnyy.

Persons: Alexey Navalny, Vladimir Putin’s, ”, Navalny, Yegveny Prigozhin Yevgeny Prigozhin, Wagner, Reuters Yevgeny Prigozhin, –, Bill Browder, “ Putin, ” Boris Nemtsov, Boris Nemtsov, Dmitry Korotayev, Boris Yeltsin, Ilya Yashin, Nemtsov, Vladimir Putin, Nemtsov’s, Boris Berezovsky Boris Berezovsky, Yelena Gorbunova, Peter Macdiarmid, Boris Berezovsky, Putin, Berezovsky, Alexander Perepilichnyy, CNN Alexander Perepilichnyy, Perepilichnyy, Sergei Magnitsky, ANDREY SMIRNOV, Magnitsky, Browder, Alexander Litvinenko Alexander Litvinenko, Natasja Weitsz, Alexander Litvinenko, Litvinenko –, Robert Owen, Putin “, Litvinenko, Marina Litvinenko, Anna Politkovskaya, JENS SCHLUETER, Lom, Ali Gaitukayev, Politkovskaya, Chechen Republic …, ” Drownings, Prigozhin, Gennady Lopyrev –, “, Lopyrev, Pyotr Kucherenko, Pavel Antov, Vladimir Budanov, Budanov, Alexander Buzakov, Anatoly Gerashchenko, Ravil Maganov, Lukoil, Maganov “, Mikhail Khodorkovsky, Sergei Skripal, Skripal, Yulia Organizations: CNN, Putin’s United, “, Kremlin, PMC Wagner, Reuters, Republican Party of Russia, Party, Newsweek, Royal Botanic, Getty Images, Hermitage Capital, KGB, Getty, Authorities, The, Protect Journalists, RIA Novosti, Russia’s, Science, Higher Education, Gazprom, Lukoil, Moscow Aviation Institute, TASS Locations: Russia, Vladimir Putin’s Russia, Putin’s United Russia, Ukraine, ” Boris Nemtsov Russian, Kremlin, Moscow, Russian, London's, England, Soviet Union, Britain, Surrey, London, Kew, American, Chechnya, Leipzig, Germany, AFP, The New York, Chechen Republic, Washington, Gelendzhik, ”, Cuba, India, United States

☆ Activist Bluebell believes BP is 50% undervalued compared to peers
▼ + stars: | 2024-02-03 | by ( Kenneth Squire | ) www.cnbc.com time to read: +11 min

The company's segments include gas & low-carbon energy, oil production & operations and customers & products. Its gas business includes upstream activities that produce natural gas, integrated gas and power, and gas trading. Its oil production & operations segment comprises upstream activities that produce crude oil, including Bpx Energy. As of Bluebell's October 4, 2023, letter to BP, BP traded on a price-earnings ratio of 6.7 times, a 44% discount to Chevron and ExxonMobil, which on average traded at 12 times. To make it even clearer how the market views BP's strategy, on February 7, 2023, when BP announced its partial retracement from this strategy, BP's share price rose 8% on the day and 17% on the week.

Persons: Giuseppe Bivona, Marco Taricco, Bivona, –, Helge Lund, Bluebell, BP's, Bernard Looney, Shell, Looney's, Looney, Pamela Daley, Solvay, Glencore, Ken Squire Organizations: BP Bunge, Bpx Energy, Castrol, Bluebell Capital Partners, Bluebell Partners, BP, ExxonMobil, Chevron, Bluebell, International Energy Agency, EV, Exxon, Shell, Mr, Renewables, Power, BP's Board, BlackRock, 13D Locations: bioenergy, Europe, Bluebell, Paris, Bioenergy, United States, U.S

☆ 'The Davos underground': A final take on the secretive parties of the world's rich and powerful
▼ + stars: | 2024-01-31 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +23 min

"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.

Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, —, Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss

☆ Amazon shares are running into stiff resistance ahead of earnings, according to the charts
▼ + stars: | 2024-01-30 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Amazon (AMZN) is set to report earnings this Thursday after the bell with the stock on a roll and expectations high. However, there are signs that the impressive run may be headed for overhead resistance, according to the charts. Further, there are signs within the consumer discretionary sector that recent underperformance compared to the rest of the 'growth trade' may persist. The consumer discretionary space has been showing signs of weakness relative to the other growth/offensive sectors like technology and communications that continue to power ahead. If so, the sub-mega cap companies in consumer discretionary may have their work cut out for them.

Persons: It's, XLY, Gordon, AMZN Organizations: Edge, Netflix Locations: AMZN, TSLA, Tesla

☆ GOP megadonor Hal Lambert on why he’s backing Trump
▼ + stars: | 2024-01-26 | 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 EmailGOP megadonor Hal Lambert on why he’s backing TrumpHal Lambert, Point Bridge Capital founder and CEO, joins 'Squawk Box' to discuss the state of the 2024 race, why he's backing former president Donald Trump, and more.

Persons: Hal Lambert, Trump Hal Lambert, Donald Trump Organizations: GOP, Capital Locations: Point

☆ It could be time for investors to take some profits on Netflix after earnings, according to the charts
▼ + stars: | 2024-01-23 | by ( Todd Gordon | ) www.cnbc.com time to read: +6 min

Netflix has recently been crowned the unofficial king of streaming services and it's scheduled to report earnings this evening. The earnings report could be another good one, but the stock technicals are flashing some warning signs for long-term investors. From a fundamental standpoint, NFLX has been anointed 'the one' in the streaming space after delivering on multiple initiatives. Combined that with such strong projected growth rates creating a stretched forward valuation making investors even more cautious. At the current price of $486.50 and an expectation of $15.94 in earnings, that puts NFLX at 30.50 times 2024 earnings.

Persons: NFLX, Julius de Kempenaer, Hope, you'll, Gordon Organizations: Netflix, Tactical Alpha, Edge, candlestick Locations: I'm

☆ Cramer's Lightning Round: Do not own Invesco Mortgage Capital
▼ + stars: | 2024-01-19 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Commerce Bancshares' year-to-date stock performance. Stock Chart Icon Stock chart icon Invesco Mortgage Capital's year-to-date stock performance. Stock Chart Icon Stock chart icon ON Semiconductor's year-to-date stock performance. Stock Chart Icon Stock chart icon Catalyst Pharmaceuticals' year-to-date stock performance. Stock Chart Icon Stock chart icon American Airlines' year-to-date stock performance.

Persons: You've, Stanley Black, Decker, Stanley, I've, I'm Organizations: Invesco Mortgage, ON, Depot, Loews, Stanley Black, Catalyst Pharmaceuticals, American Airlines

Search resuls for: "GE Capital"

25 mentions found