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☆ Trump Media stock soars nearly 19% as DJT extends longest rally since June
▼ + stars: | 2024-10-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

More than 45 million DJT shares were exchanged Tuesday, more than tripling its 30-day average volume. Stock Chart Icon Stock chart icon Trump Media (DJT) Stock PriceThe rally has accelerated since Saturday, when the company's majority owner, Donald Trump, held a presidential campaign rally near Butler, Pennsylvania, at the same site where he was nearly assassinated at a rally on July 13. Musk, the mega-billionaire who owns the social media site X, told the audience that Trump "must win to preserve democracy in America." But the stock price surge also comes despite news about Trump Media that might ordinarily raise concerns about a company's well-being. Neither Trump Media nor Northwall said why he quit, and the company has not announced a successor.

Persons: Pavlo Gonchar, DJT, Price, Donald Trump, Trump's, Elon Musk, Trump, Andrew Northwall, Northwall, Sandro de Moraes Organizations: Lightrocket, Getty, Trump Media, Nasdaq, GOP, Trump Media's Locations: Butler , Pennsylvania, America

☆ We're upgrading Honeywell after a long-awaited move. Jim Cramer says investors should act
▼ + stars: | 2024-10-08 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Honeywell CEO Vimal Kapur showed investors the company is finally serious about remaking itself — so we're upgrading the stock. It's an aggressive move by management, given that advanced materials make up roughly 10% of overall sales. "[These are] factors that may drive a modest upward re-rating to Honeywell's stock." "They said they wanted to reshuffle their portfolio," Jim said Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Vimal Kapur, Jim Cramer, Honeywell divesting, Kapur, Cowen, Jim, Jim Cramer's Organizations: Honeywell, Club, Barclays, Carrier, Air Products, CNBC, Getty

☆ There's still more upside in tech, but in certain names, says Odyssey's Jason Snipe
▼ + stars: | 2024-10-08 | 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 EmailThere's still more upside in tech, but in certain names, says Odyssey's Jason SnipeJason Snipe, Odyssey Capital Advisors principal, join 'Closing Bell' to discuss the tech sector's mega cap momentum, winners in the sector and his outlook.

Persons: Jason Snipe Jason Snipe Organizations: Odyssey Capital Advisors

☆ A year on from October 7, the Middle East is facing its greatest upheaval in a half-century
▼ + stars: | 2024-10-07 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

Propelled by US incentives, Saudi Arabia and Israel seemed closer than ever to a historic normalization of relations. It was October 10, and Major General Itai Veruv of the Israel Defense Forces (IDF) was leading the first international press access to see the devastation of Hamas’ attacks. Israel's Prime Minister Benjamin Netanyahu is unwilling to be a partner in a deal that would resow Middle East relations. Nearly 42,000 Palestinians in Gaza have been killed, many by US bombs and bullets in Israel’s hands, authorities in Gaza say. Tehran’s Shia proxies in Iraq have also answered its calls and begun escalating drone attacks on Israel.

Persons: Butchery, Yahya Sinwar, Itai Veruv, General Eisenhower, Benjamin Netanyahu, Jack Guez, haven’t, Israel’s, Netanyahu, Joe Biden’s, Hassan Nasrallah, Israel –, Biden, Mohammed Bin Salman, Anwar Gargash, cleaver Organizations: CNN, Hamas, Aza, Israel Defense Forces, Israel's, Getty, West Bank, Saudi, Saudi’s Crown, MBS Locations: Israel, Saudi Arabia, Gaza, AFP, Lebanon, Iran, United States, Tehran, Tel Aviv, Iraq, Saudi, Palestinian, UAE

☆ 28 stocks to buy for up to 162% earnings growth as markets surge another 10%: Goldman Sachs
▼ + stars: | 2024-10-07 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

US stocks are clicking on all cylinders, which led Goldman Sachs to lift its S&P 500 target again. Here are 25 companies set for outstanding earnings growth in 2025. The financial titan originally set its 2024 S&P 500 target at 4,700, then lifted it a month later to 5,100. That would translate to $241 worth of S&P 500 earnings, before an 11% jump in 2025 to $268 and an additional 7% leap in 2026 to $288. This month, the firm shared a coveted list of companies with the strongest expected earnings growth in 2025.

Persons: Goldman Sachs, —, David Kostin, Kostin Organizations: Service, Wall, Apple, Meta, Microsoft, Nvidia, Communication

☆ China stocks poised to reopen Tuesday with markets fixated on fiscal stimulus
▼ + stars: | 2024-10-07 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

Qilai Shen | Bloomberg | Getty ImagesChinese investors are looking for more policy direction from China's top economic planning body on Tuesday, when mainland markets return from a week-long holiday. Before the week-long holiday, authorities unveiled a flurry of stimulus policies, including interest rate cuts, lower cash reserve requirements at banks, looser property purchase rules and liquidity support for stock markets. Chinese major indexes have surged over 25% as investors cheer on the barrage of stimulus measures. Last week, China's CSI 300 blue-chip index extended a nine-day winning streak, surging over 8% Monday, before the market closed for a week-long holiday. Now the government needs to add fiscal stimulus to maintain the rally's momentum, said Shaun Rein, founder and managing director of China Market Research Group.

Persons: Qilai Shen, Zheng Shanjie, Erica Tay, Tuesday's presser, Shaun Rein, Rein, Adek Berry, Lynn Song, Song, Gary Ng Organizations: Shoppers, Bloomberg, Getty Images, National Development, Reform, State Council, CSI, SGX FTSE, Maybank Investment Banking Group, Ministry, Finance, China Market Research, AFP, Getty, ING Locations: Nanjing, Shanghai, China, Beijing, Hong Kong, SGX FTSE China, Tuesday's, Xicheng, Greater China, Shenzhen

☆ Monday, October 7, 2024: Cramer breaks down the analyst downgrade of this mega cap tech stock
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: 1 min

Monday, October 7, 2024: Cramer breaks down the analyst downgrade of this mega cap tech stockJim and Jeff discuss Big Banks ahead of earnings season. They also talk about the analyst downgrade of this mega cap tech stock. Finally, they break down the moves in this chemical maker.

Persons: Cramer, Jeff, Big Banks

☆ Goldman Sachs bumps its S&P 500 price target for the 3rd time this year as it sees higher corporate profits ahead
▼ + stars: | 2024-10-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Goldman Sachs raised its S&P 500 year-end price target to 6,000, implying a 5% gain. AdvertisementStrategists at Goldman Sachs raised their S&P 500 year-end price target for the third time this year. The price target increase comes after Kostin and his team set an initial year-end S&P 500 price target of 4,700 late last year. AdvertisementKostin also raised the bank's 12-month S&P 500 price target to 6,300 from 6,000. Kostin's price target forecasts assume the S&P 500 continues to trade at a premium valuation of about 22x forward earnings.

Persons: Goldman Sachs, Goldman, —, Goldman's David Kostin, Kostin, Myers Squibb Organizations: Service, Myers, Warner Bros ., Communacopia Locations: Bristol, Gilead

☆ Stock market today: Indexes drop and yields, oil prices spike ahead of earnings and fresh economic data
▼ + stars: | 2024-10-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

US stocks fell Monday as bond yields and oil prices moved higher. The rise in oil prices and solid September jobs report has revived inflation concerns. Friday's release of the September jobs report sparked the move higher in yields. AdvertisementMeanwhile, oil prices continued to surge on Monday, rising by about 4% as tensions in the Middle East continued to simmer on the first anniversary of the Hamas-led attack against Israel. The rise in oil prices and the stronger jobs report are fanning fears of a potential rebound in inflation, which would mean fewer rate cuts from the Federal Reserve.

Persons: — Organizations: PepsiCo, Service, Treasury, Israel, Federal Reserve, Amazon, Epic, Bank of America, Here's Locations: Hurricane Milton, Wells

☆ ‘Ellen’ came out as gay nearly 30 years ago. TV hasn’t been the same
▼ + stars: | 2024-10-06 | by ( Scottie Andrew | ) edition.cnn.com time to read: +11 min

CNN —For months before the 1997 premiere of “The Puppy Episode,” the groundbreaking episode of Ellen DeGeneres’ hit sitcom “Ellen,” rumors swirled that the comedian and her fictional counterpart would come out as gay. Until “The Puppy Episode,” the character had rarely dated and mostly resisted romance, deviating from sitcom conventions of the time and frustrating network executives. Ellen Morgan never did get that puppy, but the episode made history as Ellen became one of the first out gay lead characters on TV. “That’s why it worked — because it was real.”How ‘The Puppy Episode’ got madeThe making of “The Puppy Episode” started with DeGeneres. Gay innuendos abound from the first episode of Season 4: A microwave or doorbell dings when a character says the word “gay,” Savel said.

Persons: Ellen DeGeneres, “ Ellen, DeGeneres, Ellen Morgan, jerking, Ellen, I’ve, Michael Eisner, Ellen wouldn’t, “ Ellen ”, Grace ”, Dava Savel, “ Ellen’s, She’s, ”, “, ’, ” Savel, who’s, Dean Valentine, Savel, Ellen ”, couldn’t, Susan, Laura Dern, Oprah —, she’s, ” Ellen, “ Susan, Tracy Newman, Jonathan Stark, Ron Galella, ” Rachel Loewen Walker, didn’t, Ellen Degeneres, ” Loewen Walker, Ellen ’, DeGeneres ’, Loewen Walker, who’ve, “ Will, Will, Jack didn’t, Mitchell, Cameron, Lily, Eric Stonestreet, Jesse Ferguson, Richard Cartwright, Arizona Robbins, ” DeGeneres, Savel hasn’t, It’s Organizations: CNN, Disney, ABC, University of Saskatchewan, CBS, Netflix, Getty, Peabody Locations: “, Galella, Alabama, Canada

☆ These are the most important stocks in the U.S., according to Bank of America
▼ + stars: | 2024-10-04 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

There are several key stocks in the U.S. investors need to be mindful of when navigating the current market environment, according to Bank of America. To capture the momentum from this rally, Bank of America screened for the most important stocks in each region of the world — including the U.S. — that have the potential to have the largest impact on portfolio performance, positive or negative. Bank of America found these stocks to be among the most important in the U.S.: Chipmaker Nvidia and oil and gas giant Exxon Mobil ranked fairly high on the firm's steady compounders list within the screen. Meta's shares are up nearly 64% year to date. Other stocks considered the most important names in the U.S. include rideshare company Uber and pharma name Eli Lilly .

Persons: Nigel Tupper, Vivek Arya's, Metaverse, Justin Post, Eli Lilly Organizations: Bank of America, Investment, U.S, Nvidia, Exxon Mobil, Exxon, Meta, Bank of America's, Uber Locations: U.S, Lebanon, Thursday's

☆ Buttigieg claps back at Elon Musk for false claims about Helene federal response
▼ + stars: | 2024-10-04 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire's X platform, part of an effort to counter false conspiracies about federal disaster aid for victims of Hurricane Helene that Musk spread on X, where his follower count stands over 200 million. "No one is shutting down the airspace and FAA doesn't block legitimate rescue and recovery flights," wrote Buttigieg. Buttigieg was replying to a post from Musk that falsely claimed the Federal Aviation Administration was shutting down airspace in the disaster zone and "throttling" flights transporting supplies. An FAA spokesperson told CNBC, "There are no airspace restrictions in place in North Carolina as rescue efforts continue because of Hurricane Helene. Musk frequently uses X to provoke -- but in lashing out at FEMA on Friday, he escalated his battle with the U.S. government.

Persons: Pete Buttigieg, Elon Musk, Hurricane Helene, Musk, Buttigieg, Helene, Donald Trump, Trump, Musk's, SpaceX's, Tesla, DisasterAssistance.gov Organizations: Elon, FAA, Federal Aviation Administration, CNBC, FEMA, Federal Emergency Management Agency, Republican, Musk's SpaceX, U.S ., Environmental Protection Agency, penalizing SpaceX, SpaceX, Apple Locations: Hurricane, North Carolina, Asheville, Rutherford

☆ Russia has lost access to CERN in a sign that its war in Ukraine is causing a major scientific brain drain
▼ + stars: | 2024-10-04 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +9 min

CERN is revoking access for 500 Russian scientists over the Ukraine war, cutting them off from key facilities. But experts say the move is a major setback for Russian science, and is fueling brain drain. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Pierre Albouy/ReutersTriggering a Russian brain drainScientific experts, including several with working ties to CERN, spoke about the consequences to Russia and the wider scientific community. Advertisement"The relationship with Russian scientists has always been very strong because they have a very long and very good reputation in particle physics," Grimes said.

Persons: —, Denis Balibouse, Mikhail Kovalchuk, Sidortsov, Vladimir Putin, CERN's, Pierre Albouy, Kate Shaw, Roger Cashmore, Robin Grimes, Putin, Grimes, Lionel Flusin, It's, Arnaud Marsollier, Marsollier, Anja Niedringhaus, Tara Shears, Shaw Organizations: CERN, Service, European Organization for Nuclear Research, Collider, Joint Institute for Nuclear Research, Reuters, Kremlin, TASS, Kurchatov Institute, UK's University of Sussex, London's Imperial College, Foreign, Commonwealth Office, Getty, Novaya Gazeta Europe, Nature, CERN's Globe, UK's University of Liverpool Locations: Ukraine, Geneva, Switzerland, Russia, Belarus, Moscow, Europe, Russian, Soviet, Novaya, CERN's

☆ An IPO for OpenAI is inevitable, says Axios' Dan Primack
▼ + stars: | 2024-10-04 | 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 EmailAn IPO for OpenAI is inevitable, says Axios' Dan PrimackAxios business editor Dan Primack joins 'Squawk Box' to discuss OpenAI's mega-funding round, what's next for the company and its investors, and more.

Persons: Axios, Dan Primack, what's Organizations: OpenAI

☆ The influencer middle class is getting squeezed as marketers turn to superstar creators and celebs
▼ + stars: | 2024-10-04 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +7 min

Influencer marketers are moving away from campaigns with micro influencers and back to big stars. AdvertisementA few years ago, influencer marketers were ditching their plans to hire celebrity content creators for brand deals in exchange for influencers with smaller audiences. Micro influencers as a category of work dropped from 74% to 62% between 2023 and 2024, while nano influencer work fell from 37% to 28%. One micro influencer, Bethany Everett-Ratcliffe, said she'd felt this impact on her business. Other marketers have reported up to 20% cost increases among micro influencers between 2023 and 2024.

Persons: —, Kim Kardashian, influencers, Linqia, Bethany Everett, Ratcliffe, she'd, Keith Bendes, Bendes, James Nord, Sabrina Carpenter's, Michael Cera's, Olivia McNaughten, Jonathan Chanti Organizations: Service, Blank, Viral, UGC Locations: Linqia, Everett

☆ Leaders from BCG, Infosys, AARP, and more predict how AI will transform top companies in the next 12 months
▼ + stars: | 2024-10-04 | by ( Julia Hood | Tim Paradis | ) www.businessinsider.com time to read: +17 min

During a virtual roundtable, we asked Business Insider's Workforce Innovation board to tell us how AI would transform companies over the next year. How will the most innovative companies be transformed by AI over the next 12 months? Last year, we had an AI challenge across the company, and a huge percentage of our employees participated. There are a lot of different points of view on what AI will and will not do and how quickly. And that the promise we think AI is going to deliver will probably take longer than we think to come to fruition.

Persons: Tim Paradis, Vinod Khosla, Khosla, upskilling, Justina Nixon, Nixon, Saintil, AARP's Marjorie Powell, Powell, Chris Deri, Anant Adya, Marjorie Powell, Alicia Pittman, We've, We're, It's, coder, Maggie Hulce, Salesforce, what's, Chen, we've, Weber, everybody's, Anant, Shane Koller, Tipton Organizations: Sun Microsystems, Weber, IBM, Saintil, Infosys, AARP, Boston Consulting, Clear, Federal Housing Finance, Street Locations: Dreamforce, San Francisco, Tipton

☆ What office meltdown? Developers see a shortage of high-end space and are rushing to build it.
▼ + stars: | 2024-10-03 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +12 min

Much of the office market may be mired in a downturn, but demand has been strong for high-end space. New office construction has dropped off sharply, leading to a potential upcoming shortage. That demand has persisted even as office construction has been stifled by higher interest rates and inflation, which have pushed up costs. Worries over the health of the office market have also made lenders reluctant to finance new development. 8 million square feet of that is pre-leased, meaning that there is only about 10 million square feet of upcoming available top quality space.

Persons: —, Hilary Goldfarb, Goldfarb, Crowell, there's, Scott Rechler, Rechler, Vanderbilt, Philippe Visser, CBRE, Visser, Larry Silverstein, Norman Foster, Silverstein, Randolph St, Ross, Stephen Ross, Jordan Rathlev, Rathlev, Jessica Morin, Morin, Banks, RXR, I'm, you'd Organizations: Service, Rockefeller Development, Fifth St, RXR, Skidmore, Owings, Merrill, TF Cornerstone, Grand Central, Citadel, Yards, Companies, Oxford Properties, Hudson, Hudson Yards, KKR, Meta, World Trade Center, American Express, Trade, Related's, Central Locations: Washington ,, Washington, DC, New York, San Francisco, midtown Manhattan, Manhattan, Wells Fargo, BlackRock, Lower Manhattan, Chicago, Fulton, West Palm Beach , Florida, CBRE

☆ OpenAI closes mega-funding round at $157 billion valuation: Here's what to know
▼ + stars: | 2024-10-03 | 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 EmailOpenAI closes mega-funding round at $157 billion valuation: Here's what to knowCNBC’s Kate Rooney and Semafor business and finance editor Liz Hoffman join 'Squawk Box' to discuss the latest news from OpenAI.

Persons: CNBC’s Kate Rooney, Liz Hoffman Locations: OpenAI

☆ Microsoft AI boss likens OpenAI partnership to a sibling rivalry
▼ + stars: | 2024-10-03 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

But Microsoft is also reportedly building its own in-house AI model that could compete with OpenAI's. Microsoft is now developing its own in-house AI model, reportedly dubbed MAI-1, and OpenAI has launched GPT-4o and o1-preview. The two were briefly announced to "lead a new advanced AI research team," a group now known as Microsoft AI. Suleyman said the ties between Microsoft and OpenAI aren't unique, but rather similar to other company relationships across the industry. "I mean, we have a deep relationship with Amazon, believe it or not, on a lot of fronts."

Persons: Mustafa Suleyman, —, Kara Swisher, Suleyman, OpenAI, Satya Nadella, Sam Altman, Greg Brockman, Altman, Brockman, Karén Simonyan Organizations: Microsoft, Service, OpenAI Locations: OpenAI

☆ AI is overestimated near term but underestimated long term, says Jefferies' Brent Thill
▼ + stars: | 2024-10-03 | 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 EmailAI is overestimated near term but underestimated long term, says Jefferies' Brent ThillBrent Thill, Jefferies analyst, joins CNBC's 'Squawk on the Street' to discuss his firm's views on AI, why it is betting on mega caps, and more.

Persons: Jefferies, Brent Thill Brent Thill Organizations: Jefferies

☆ OpenAI has secured a $157 billion valuation. Now comes the hard part.
▼ + stars: | 2024-10-03 | by ( Hasan Chowdhury | Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

OpenAI is now worth $157 billion, but it can't rest easy yet. Now comes the hard part: emerging victorious in a fiercely competitive AI industry. Though Sam Altman's company cemented its status as a frontrunner in the generative AI boom this week, securing a new $157 billion valuation after raising $6.6 billion of fresh capital from marquee investors, its leading position is hardly guaranteed. Sure, Altman's company now casts a massive shadow over the industry with its fresh $157 billion valuation. AI companies have been spending huge sums to purchase chips from Jensen Huang's Nvidia.

Persons: OpenAI, —, Sam Altman's, Sam Altman, Andrew Caballero, Reynolds, Altman, Elon Musk's, Ilya Sutskever, Nathan Benaich, Dario Amodei, Jensen, Jeff Chiu, Benaich, it's, VCs Organizations: Service, Valley's, Financial, Nvidia, SoftBank, Microsoft, Elon, Air Street Capital, The New York Times, Google, Big Tech, Meta Locations: Silicon Valley, AFP

☆ Auto giants are getting nervous about the prospect of mega fines as EV demand falters
▼ + stars: | 2024-10-03 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Cfoto | Future Publishing | Getty ImagesEurope's top car giants appear to be increasingly concerned about the prospect of massive fines, particularly as electric vehicle demand falters ahead of the next tightening of carbon regulations. "The fines are massive actually. "Manufacturers are pretty much focused on conventional hybrids and ICE vehicles because they are much more profitable," ING's Luman said. Pooling refers to the process in which car manufacturers team up to be considered as one entity when calculating their performance against a CO2 emissions target. Not everyone is convinced that the sales challenge that Europe's car industry faces constitutes an industry-wide crisis.

Persons: Rico Luman, Europe's carmakers, Luman, Luca de Meo, ACEA, Tim McPhie, McPhie, ING's Luman, Sean Gallup, Xavier Demeulenaere, Demeulenaere, Brandon Bell Organizations: Volkswagen, ING, CNBC, videoconference, Renault, EV, Reuters, European Automobile Manufacturers ' Association, BMW, Ferrari, Volvo, European Commission, Ford, Benz Group, Manufacturers, Getty, P Global Mobility, Transport, Environment, Hill Locations: Anhui, Hefei, China, Europe, ACEA, Weissenfels, Germany, Austin , Texas

☆ How Japan’s Shinkansen bullet trains changed the world of rail travel
▼ + stars: | 2024-10-01 | by ( Ben Jones | ) edition.cnn.com time to read: +12 min

This was the dawn of Japan’s “bullet train” era, widely regarded as the defining symbol of the country’s astonishing recovery from the trauma of World War II. A map of Japan's high-speed rail lines. Japan’s high-speed rail revolutionFast train: Japan's distinctive Shinkansen "bullet trains" have been plying the country's high-speed railways since 1964. Toru Yamanaka/AFP/Getty Image TGV: France's answer to the Bullet Train, the Train à Grand Vitesse, began operating between Paris and Lyon in 1981. Mehdi Fedouach/AFP/Getty Images China's rail expansion: China has now eclipsed the rest of the world when it comes to high-speed rail.

Persons: Yoshikazu Tsuno, Jiji Press, Toru Yamanaka, Mehdi Fedouach, Wang He, ”, Christopher P, Hood Organizations: CNN, Olympic Games, Hitachi, Toshiba, Mount, Getty, Mount Fuji, Tokyo, Lions, Hulton, Keystone, Jiji, West Japan Railway, Ltd, Fuji, Vitesse, Lyon, JR EAST, Eurostar, JR EAST Japan, “ Locations: Tokyo, Osaka, Japan, Shin, Kobe, Kyoto, Hiroshima, Nagano, AFP, North America, Europe, Korea, Russia, Honshu, Kyushu, Hokkaido, Sanrio, Paris, China, France, Spain, Belgium, South Korea, United Kingdom, Morocco, France’s, Bordeaux, Italy, Germany, Netherlands, Taiwan, Turkey, Saudi Arabia, London, Brussels, Amsterdam, India, Thailand, Wuhan, Western Europe, Nagoya, British

☆ Retail investor is best to stick with mega-cap stocks, and here are some of them: Portfolio manager
▼ + stars: | 2024-10-01 | 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 EmailRetail investor is best to stick with mega-cap stocks, and here are some of them: Portfolio managerRobert Pavlick, Senior Portfolio Manager at Dakota Wealth Management lists out the top sector picks and reasons why US Multinationals are the best buy.

Persons: Robert Pavlick Organizations: Dakota Wealth Management

☆ How investors can position their portfolios ahead of the 2024 presidential election
▼ + stars: | 2024-10-01 | by ( Jeff Huang | In Jefftchuang | ) www.cnbc.com time to read: +2 min

With about a month to go until the 2024 presidential election, investors are bracing for potential volatility in the markets amid uncertainty over whether former President Donald Trump or Vice President Kamala Harris will win in November. Differences in Republican and Democratic economic policies mean there are potentially nuanced ways for investors to position their portfolios to make money based on the election outcome. "There will be certainly winners and losers coming out of this election cycle," said John Mowrey, chief investment officer of NFJ Investment Group. "Depending on what happens with corporate tax rates, what happens with regulation and what happens with geopolitics." Watch the video above to find out which sectors and industries stand to benefit the most under each presidential candidate, and what investors can do now to best position their portfolios ahead of the 2024 election.

Persons: Donald Trump, Kamala Harris, Seema Shah, John Mowrey, Trump, Paul Hickey, Harris, Biden, Stephen Myrow, hasn't Organizations: Asset Management, Republican, Democratic, NFJ Investment, Investment, Beacon Policy Advisors

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