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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a bit of 'frothiness' in the markets, says Neuberger Berman's Joe AmatoJoe Amato, Neuberger Berman president and CIO, joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's interest rate outlook, and more.
Persons: Neuberger Berman's Joe Amato Joe Amato, Neuberger Berman
Jessica Berman, commissioner of the National Women’s Soccer League, speaks during a panel on women's professional soccer at the Hilton Anatole in Dallas on Feb. 10, 2024. In 2019, Berman became the first female deputy commissioner of a men's professional sports league, joining the National Lacrosse League. Taking the fieldBerman took the helm at the women's soccer league after allegations were made of emotional abuse and sexual misconduct across several teams. She also brought the first-ever million-dollar prize pool to U.S. women's soccer. She's also lured big-name investors, selling them on her new vision for professional women's soccer.
Persons: Jessica Berman, Omar Vega, Berman, Gary Bettman, Sally Yates, Yates, She's, lister Natalie Portman, Serena Williams, Naomi Osaka, Patrick Mahomes, Eli Manning, Kevin Durant, Carli Lloyd, Sofia Huerta, Delanie Sheehan, Ben Nichols, Sportico Organizations: National Women’s Soccer League, Hilton Anatole, Getty, New, National Women's Soccer League, CNBC, National Hockey League, NHL, National Lacrosse League, U.S, Chicago Red Stars, Portland Thorns, Hollywood, Seattle, NY Gotham FC, Women's Soccer League, Snapdragon, Amazon, Angel City FC Locations: Dallas, New York City, NJ, San Diego, Angeles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeuberger's Kei Okamura: Here's why Japan's equity market looks 'quite attractive'Kei Okamura, Neuberger Berman SVP and Japanese equities portfolio manager, joins 'Money Movers' to discuss Okamura's stance towards Japanese equities, what it'll take to keep the Nikkei rally going, and the market data relative to demographic data.
Persons: Kei Okamura, Neuberger Berman Organizations: Neuberger Berman SVP, Nikkei
Criteo operates across three segments – marketing solutions, retail media, and Iponweb – but generated 83% of its $1.95 billion of revenue in 2023 from the marketing solutions segment. To many in the investor community, this was the death knell for cookies leading to uncertainty for Criteo's largest segment. Additionally, the company's retail media segment is a very appealing and growing business using software as a service for e-commerce companies. Petrus will likely nominate outside directors to the board as they rarely propose Petrus insiders for board seats. If it does not settle, Petrus has shown that they are willing to take a proxy fight to a vote.
Persons: Petrus, Rachel Picard, Megan Clarken, Alphabet's, Criteo, Frank Layden, Petrus —, Neuberger Berman, AllianceBernstein, Evercore, Ken Squire Organizations: Criteo, Petrus Advisers, Nasdaq, Alphabet's Google, TAC, Cadian Capital Management, Bloomberg, Reuters, 13D Locations: France, Europe, Americas, Asia, Pacific
A five-member majority from the court said in Monday's ruling that Congress would need to pass an enforcement mechanism before states could remove federal candidates from the ballot based on the 14th Amendment’s “insurrectionist ban.” Four members of the court – the three liberals, plus Justice Amy Coney Barrett – disagreed. "The relevant provision is Section 5, which enables Congress, subject of course to judicial review, to pass 'appropriate legislation' to 'enforce' the Fourteenth Amendment.”Some more context: This finding from the majority revolves around whether the insurrectionist ban is “self-executing,” which would mean that its ratification in 1868 is enough for election officials or courts to enforce it against Trump or any other candidate. Historically, that is what happened to thousands of Confederates during Reconstruction, according to testimony at the Colorado disqualification trial from a leading constitutional scholar. Trump argued that the Colorado courts got it wrong when they concluded that Congress doesn’t need to pass a resolution disqualifying him from office for the ban to be enforced against him. One of the dissenting Colorado justices embraced Trump’s theory that the provision isn’t self-executing, citing a ruling from the 1869 “Griffin’s Case,” which Trump heavily leaned on in his Supreme Court appeal.
Persons: , Amy Coney Barrett –, United States …, Trump Organizations: United, Congress, Trump Locations: United States, Colorado
Apple bull vs. bear debate: What's next for the company?
  + stars: | 2024-03-01 | 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 EmailApple bull vs. bear debate: What's next for the company? Dan Flax, Neuberger Berman senior research analyst, and Walter Piecyk, LightShed Partner analyst, join 'Squawk Box' to discuss the bull-bear debate over Apple, whether AI can jump start the company's stock again,
Persons: What's, Dan Flax, Neuberger Berman, Walter Piecyk Organizations: Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan's stock market rally still has more room to run, says Kei OkamuraKei Okamura, Senior Vice President and Portfolio Manager at Neuberger Berman, discusses what's driving momentum in Japan.
Persons: Kei Okamura Kei Okamura, Neuberger Berman Locations: Japan
Leading the way are health care, with 22%; tech, with 14%; and consumer products and financial services, tied at 10%. Kate Ryder is closing major gaps in women's and family health care with Maven. Michelle Zatlyn, co-founder and chief operating officer at Cloudflare, is giving companies AI tools to bolster cybersecurity and lower costs for vulnerable, critical infrastructure providers, including schools and local election systems. The Changemakers serve as a reminder that success is a result of leading in ways that are authentic. In the book she explored the concept of "reformers" — women working to fix broken systems.
Persons: Anat Ashkenazi, Eli Lilly, Svanika Balasubramanian, Bobbie, Laura Modi, Baby2Baby, Norah Weinstein, Kelly Sawyer Patricof, Alex Cooper, Tracee Ellis Ross, Naomi Osaka, Balasubramanian, Jessica Chang, Maayan Cohen, Kate Ryder, Maven, Monique Rodriguez, Jessica Berman, Kathy Hannun, Clara Shih, Michelle Zatlyn, Kristin Peck, Julia Boorstin Organizations: CNBC, U.S, RePurpose Global, rePurpose, Women's Soccer League, Dandelion Energy, cybersecurity Locations: Changemakers, Cloudflare
"The Regime'" is HBO's latest bet on Kate Winslet, who helped carry miniseries like "Mare of Easttown" to critical acclaim. But according to critics, the series doesn't entirely live up to Winslet's excellent performance. But while critics praised Winslet's acting, many noted that if you're looking for more "Succession," this isn't quite it. Matthias Schoenaerts and Kate Winslet in "The Regime." Miya Mizuno/HBOThe show's ensemble cast is underusedIn addition to Winslet and Schoenaerts, "The Regime" has an ensemble cast with several acclaimed actors.
Persons: , Kate Winslet, Winslet, Elena Vernham, she's, — Vernham, Herbert Zubak, Matthias Schoenaerts, Will Tracy, Winslet's, Daniel Fienberg, Beast's Coleman Spilde, Gregory Lawrence, Miya Mizuno, Judy Berman, Marina Fang, Carly Lane, Lawrence, elucidations, Alexandre Desplat's, Fienberg, Stephen Frears, Jessica Hobbs, Alexandre Desplat, Caryn James, Oscar, Spilde, HuffPost's Fang, Andrea Riseborough, Schoenaerts, Agnes, Hugh Grant, Martha Plimpton, Judith Holt, Guillaume Gallienne, Danny Webb, David Bamber, Henry Goodman, Paste's Elijah Gonzalez, Andrea Riseborough's Organizations: Service, The, French Dispatch, Budapest Hotel, Daily, HBO, State Locations: Austria
Terrence Bradley, the former law partner for Nathan Wade, testified Tuesday that when he told a defense attorney her motion to dismiss Fulton County District Attorney Fani Willis “looks good,” he was referring to a section about money related to his law firm, not about the allegations against Wade and Willis. “I think I remember there was a line of, about the accuracy of how much money that my office … had received and whether or not that was going to be in the motion or not,” Bradley said. Defense attorney Ashleigh Merchant said she asked Bradley to review her motion, which alleged an improper relationship between Willis and Wade, whom Willis hired to lead the investigation into Donald Trump and others.
Persons: Terrence Bradley, Nathan Wade, Fani Willis “, Wade, Willis, , , ” Bradley, Ashleigh Merchant, Bradley, Donald Trump Organizations: Fulton
"Shōgun," created by Rachel Kondo and Justin Marks, takes place at the turn of the 17th century in Japan. Hiroyuki Sanada as Yoshii Toranaga in the series premiere of "Shōgun." The Washington Post's Lili Loofbourow wrote that "Shōgun" will draw comparisons to "Game of Thrones" because it has a "proven combination of gorgeous set pieces, moral ambiguity, cliffhangers (literally, in one case!) According to critics, however, FX's "Shōgun" more effectively shifts the focus to the story's cast of Japanese characters. AdvertisementReviews praised Hiroyuki Sanada's performance as Toranaga YoshiiHiroyuki Sanada as Yoshii Toranaga in "Shōgun."
Persons: , James Clavell's, Rachel Kondo, Justin Marks, John Blackthorne, Yoshii Toranaga, Hiroyuki Sanada, Katie Yu, Alan Sepinwall, Nick Hilton, Lili Loofbourow, Loofbourow, Cosmo Jarvis, Anna Sawai, Time's Judy Berman, Mike Hale, Toda Mariko, IGN's Samantha Nelson, Sanada, Hiroyuki Sanada's, Yoshii Hiroyuki Sanada, Stone's Sepinwall, Today's Kelly Lawler, IGN's Nelson, Toranaga, Critics, IndieWire's Ben Travers, Travers, Rebecca Nicholson, Yuka Kouri, Kurt Iswarienko, Variety's Alison Herman, showrunners Marks, Jonathan van Tulleken, Helen Jarvis, Carlos Rosario Organizations: Service, Hulu, Disney, Taiko, Regents, Business, Thrones, FX, New York Times Locations: United Kingdom, Japan, Kanto, Washington, Osaka, Hulu
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia's story is about 'empowering others', says Neuberger Berman's Daniel FlaxHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Neuberger, Daniel Flax, Brian Sullivan, Organizations: CNBC
Read previewSome Wall Street giants, many of which have spent the last few years pledging to fight climate change through corporate responsibility, are now retreating from some of their environmental initiatives. Founded in 2017, Climate Action 100+ initially launched as a five-year initiative that in 2022 was extended until 2030. AdvertisementFollowing the departures of JPMorgan, State Street, and Pimco, financial investors including Neuberger Berman, William Blair Investment Management, and Wellington Management remain members of Climate Action 100+, whose targeted companies include American Airlines, Chevron, and Procter & Gamble. Other finance giants have similarly stepped back from previous environmentally friendly initiatives, The New York Times reported. They include BlackRock, which scaled back its participation with Climate Action 100+ in recent weeks, as well as Bank of America, which walked back a pledge to stop financing coal.
Persons: , Neuberger Berman, William Blair Organizations: Service, JPMorgan, State Street, Business, New York Times, Politico, State, William Blair Investment Management, Wellington Management, Climate, American Airlines, Chevron, Procter, Gamble, The New York Times, BlackRock, Bank of America
Judge Arthur Engoron has issued a ruling in Donald Trump’s’ New York civil fraud trial. New York Attorney General Letitia James is asking for $370 million from Trump and the co-defendants in disgorgement – or ill-gotten gains, alleging he filed fraudulent financial statements that allowed him to obtain loans and insurance policies at more favorable rates. The case goes to the heart of Trump’s image as a successful billionaire and includes accusations of fraud regarding his Trump Tower apartment, Mar-a-Lago estate and several golf courses, among others. Engoron has already ruled that Trump and his co-defendants engaged in fraud and ordered the cancelation of any business certificates they hold in New York, an action that is on hold pending Trump’s appeal. This ruling will address six additional claims against some or all of the defendants including conspiracy, issuing false financial statements, falsifying business records and insurance fraud.
Persons: Arthur Engoron, Donald Trump’s ’, Letitia James, Trump, Engoron Organizations: New York, Trump, disgorgement, New Locations: York, Mar, New York
A judge will continue to hear testimony Friday in a hearing that could derail the election subversion case against Donald Trump and others. Judge Scott McAfee is considering whether Fulton County District Attorney Fani Willis should be disqualified from the case based on allegations that she and Nathan Wade, the special prosecutor she hired to lead the case, engaged in an improper romantic relationship which financially benefitted the district attorney. Here's what to watch:The allegations against Wade and Willis: The alleged affair was first raised by Trump’s co-defendant, former 2020 campaign official Mike Roman. Last month in a court filing he accused Willis of financially benefiting from selecting Wade to lead the case. Roman alleges that Wade took Willis on lavish vacations, paid partly with what he billed her office for work on the case.
Persons: Donald Trump, Scott McAfee, Fani Willis, Nathan Wade, Wade, Willis, Trump’s, Mike Roman, Roman, McAfee, Trump, Read Organizations: , of, Fulton Locations: Fulton County, Georgia, of Georgia
Just 1 in 3 voters are confident in Joe Biden's physical and mental faculties, per a new poll. But Biden's support overall is roughly the same as it was in 2020. AdvertisementA new poll from Monmouth University shows that just 1 in 3 voters are confident in President Joe Biden's physical and mental faculties, though support for the 2024 presidential candidate is around the same as from 2020. Conducted between February 8 to 12 with 902 US adults, the poll found that 32% of respondents felt confident in the 81-year-old Biden's "mental & physical stamina." Despite the waning public confidence in Biden's mental and physical strength, the poll found that support for the Democratic candidate remains about the same as in 2020 when he first faced off against Trump for president.
Persons: Joe Biden's, , Robert Hur, Beau, Donald Trump, Biden Organizations: Service, Monmouth University, Republican, Trump, Biden, Democratic
On the day they held their first official workout, the Baltimore Orioles announced pitcher Kyle Bradish will open the season on the injured list with a sprained ulnar collateral ligament. Orioles general manager Mike Elias said Bradish received a platelet-rich plasma injection to treat the injury. “He’s going to start his throwing progression tomorrow, but that progression is going to be something that takes some time. Bradish’s injury is particularly notable because the Orioles already are unsure about left-hander John Means’ status for the start of the season. MANUEL RETURNSFormer Philadelphia Phillies manager Charlie Manuel made his first visit to the ballpark since he suffered a stroke in September.
Persons: Kyle Bradish, Mike Elias, Bradish, , ” Elias, “ He’s, I’m, ” Bradish, Justin Verlander, Cy Young, ’ ’ Verlander, John Means, Corbin Burnes, Gunnar Henderson, Elias, MANUEL, Charlie Manuel, Manuel, Francisco Lindor, Buck Showalter, Billy Eppler, Nobody, , Dan Gelston, Marc Berman, Chris Nelsen, ___ Organizations: Baltimore Orioles, Orioles, AL East, Houston Astros, Cy, Milwaukee Brewers, , Former Philadelphia Phillies, Phillies, NL East, Tampa Bay Rays, Philadelphia, New York Yankees, Fame, Minnesota Twins, Los Angeles Dodgers, New York Mets, Mets, Diamondbacks, Rangers Locations: Cleveland, Clearwater , Florida
“World Series Champions. Bochy noted the challenges in winning one World Series, but also made reference to what the Chiefs accomplished last Sunday. Of the 169 players who became free agents after the World Series, more than half were still without a team when the week began. Molina managed Criollos de Caguas in winter ball and Puerto Rico in the recently completed Caribbean World Series. The Yankees and Brewers swapped relievers with left-hander Clayton Andrews going to New York and right-hander Johan Quezada going to Milwaukee.
Persons: , I’ve, Bruce Bochy, Bochy, Chris Young, ” Young, Shohei, Seattle’s Julio Rodríguez, Elly De La Cruz, Ian Happ, ” Happ, , NL Cy Young, Blake Snell, Cody Bellinger, Matt Chapman, Yasmani Grandal, Shintaro Fujinami, Phil Maton, Scott Alexander, Spencer Turnbull, Tommy John, Craig Counsell, Bob Melvin, Pat Murphy, Mike Shildt, Melvin, Carlos Mendoza, That’s, Stephen Vogt, Terry Francona, Ron Washington, Phil Nevin, Joe Espada, Dusty, ” Espada, I’m, ” MOLINA, Yadier, Molina, Criollos, John Mozeliak, Louis, Peyton Burdick, Burdick, Clayton Andrews, Johan Quezada, Jay Cohen, Stephen Hawkins, Marc Berman, Chuck King, ___ Organizations: Texas Rangers, , Rangers, Kansas City Chiefs, Chiefs, Los Angeles Dodgers, San Diego Padres, Dodger, Mariners, Super Bowl . Young Cincinnati, Cubs, NL, New York Mets, Philadelphia, NL Central, Chicago, Brewers, Padres, National League, American, Houston, Louis Cardinals, Puerto, ” Cardinals, Baseball, Cardinals, Marlins, Triple, The Yankees, AP Baseball Locations: Surprise , Arizona, ” Texas, Texas, Seoul, South Korea, Peoria , Arizona, Las Vegas, Goodyear , Arizona, Florida, Arizona, Pittsburgh, Tampa, Oakland, Milwaukee, San Francisco, San Diego, Cleveland, Caguas, Puerto Rico, Miami, Jacksonville, New York
These families argue that the price to be paid in any hostage deal — the release of large numbers of Palestinian militants held by Israel — would endanger the country in the future. Protests calling on the government to reach a deal with Hamas have grown in size and intensity as the crisis has dragged on. The Mor family and two other hostages' families founded the Tikva Forum, a loosely organized group whose public members are mostly religious and right-wing. They share the belief that military pressure, not an immediate cease-fire or hostage release deal, is the best way to bring their loved ones home. “We see that when there’s a deal, hostages return, and in between, when there isn’t, only bodies come back,” said Berman.
Persons: Israel —, , Tzvika Mor, Eitan, ” Mor, Mor, Benjamin Netanyahu, Alon Nimrodi, Tamir Nimrodi, , Israel's, ” Netanyahu, Adina Moshe, Netanyahu, Gilad Shalit, Shalit, Yehya Sinwar, “ Eitan, Avinatan, Noa Argamani, Avinatan’s, Shimon, Liran Berman, Israel, Gali, Ziv Berman, there’s, Berman, ” Berman Organizations: JERUSALEM, Nova, Associated Press, Hamas, Israel’s, Tikva, West Bank, AP, Locations: Israel imploring, Israel, Gaza, Cairo, United States, Kiryat Arba, Hebron, Palestinian, Kfar Aza
Justice Ketanji Brown Jackson has had to weigh in on more legal questions related to the January 6, 2021, attack on the US Capitol than the other jurists on the bench. Jackson, while serving on a federal trial-level court in Washington, DC, oversaw a handful of criminal cases against rioters as the Justice Department was making its first batches of arrests after the deadly attack. “How close can a person be to unquestionably violent and completely unacceptable lynch-mob-like acts of others and still claim to be a nondangerous, truly innocent bystander,” Jackson said in the case of one rioter. Then-Judge Jackson ultimately handed the rioter cases she was assigned off to other judges when she left the district court after President Joe Biden elevated her to the DC Circuit Court of Appeals. But her statements from the period immediately following the attack offer an indication of how she might approach the riot in the Trump ballot case.
Persons: Ketanji Brown Jackson, Jackson, ” Jackson, Judge Jackson, Joe Biden Organizations: Capitol, Justice Department, DC, Trump Locations: Washington , DC
"It's confined to office real estate," Eisman said in CNBC's " Squawk Box ." "Office real estate is confined to certain community banks and regional banks. It's not a big bank problem....I just don't see a systemic or big problem at this point that's going to hurt the economy." NYCB took over the failed Signature Bank during the regional bank crisis in 2023. "Office real estate is not big enough to have a real big negative effect on the economy," he said.
Persons: Steve Eisman, Eisman, NYCB, Neuberger Berman, he's Organizations: New York Community Bancorp, Bank Locations: CNBC's, NYCB
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big Short' investor Steve Eisman: Deep down Fed's Powell is 'petrified' of redoing Volcker againSteve Eisman, Neuberger Berman senior portfolio manager, joins 'Squawk Box' to discuss the state of the economy, the hot jobs data and impact on the Fed's rate path decision, latest market trends, and more.
Persons: Steve Eisman, Fed's Powell, redoing Volcker, Neuberger Berman
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNeuberger Berman's Dan Flax breaks down Big Tech earnings resultsDan Flax, Neuberger Berman senior research analyst, joins 'Squawk Box' to break down the Big Tech earnings results, what it means for investors, and more.
Persons: Neuberger, Dan Flax, Neuberger Berman Organizations: Big Tech
Tech's longtime highfliers are growing up by getting smaller
  + stars: | 2024-02-02 | by ( Ari Levy | ) www.cnbc.com   time to read: +7 min
They're still out hunting for the best technical talent, particularly in areas like artificial intelligence, but headcount growth is measured. Last year, tech companies were responding to dramatically changing market conditions — soaring inflation, rising interest rates, rotation out of risk — after an extended bull market. Meta slashed over 20,000 jobs in 2023, Amazon laid off more than 27,000 people, And Alphabet cut over 12,000 positions. Other than Nvidia , which had a banner 2023 due to soaring demand for its AI chips, none of the other mega-cap tech companies have been growing at their historic averages. By late this year, analysts are projecting growth at Meta will be back down to the low teens at best.
Persons: Tayfun, There's, Daniel Flax, Neuberger Berman, CNBC's, Morgan Stanley, Brian Nowak, Brian Olsavsky, They're, Mark Zuckerberg, Zuckerberg, Olsavsky, Phil Spencer, Justin Sullivan, Okta, Zuora, Evan Sohn, Recruiter.com, " Sohn, Susan Li, Ben Barringer, Cheviot, Barringer, , Annie Palmer Organizations: Anadolu Agency, Getty Images Technology, Amazon, Meta, hasn't, Microsoft, Activision Blizzard, SAN FRANCISCO, Activision, FTC, Getty, Federal, Labor Department's Bureau of Labor Statistics, Tech, Nvidia, Finance, CNBC Locations: Menlo Park , California, Silicon Valley, CALIFORNIA, San Francisco , California
An X user posted a video showing RFK Jr.'s TikTok had commented on OnlyFans model's TikTok account. AdvertisementOn Wednesday, an X user by the name of Johnny Maga shared a video showing that the official TikTok account of presidential candidate Robert Kennedy Jr. had posted a comment of "Wow [heart eyes emoji] [heart eyes emoji]" on a TikTok video of an OnlyFans model in 2022. "The TikTok comment in question was made in 2022 long before I ever had a TikTok account. This comment now appears on my account because the account was previously owned by one of the campaign's young social media managers." "When I announced my run for the presidency in April of 2023 the team wanted it broadcasted on every social media platform, including TikTok," Kennedy wrote.
Persons: TikTok, OnlyFans, RFK Jr, , Johnny Maga, Robert Kennedy Jr, Kennedy, Congrats, Cheryl Hines Organizations: RFK, Service
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