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☆ Dan Niles: Enterprise spending and cloud service companies will suffer next year
▼ + stars: | 2022-12-15 | 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 EmailDan Niles: Enterprise spending and cloud service companies will suffer next yearDan Niles, The Satori Fund founder, joins 'TechCheck' to discuss what could be the next shoe to drop, what information investors need to look at and more.

☆ Dan Niles is positive on this corner of tech, names two global stocks to buy
▼ + stars: | 2022-12-14 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

U.S. tech stocks have been a minefield for investors this year, but hedge fund manager Dan Niles is optimistic on the sector elsewhere. Niles, who is founder and senior portfolio manager of the Satori Fund, told CNBC's "Street Signs Asia" Friday that his fund just bought some international tech stocks. It has short positions in tech stocks with advertising exposure. On the flip side, he warned investors off cloud computing and software stocks with "consumption-based models that will be hurt by tech company layoffs." So everybody needed to buy software, cloud computing resources, make sure their business survived," Niles told CNBC's "TechCheck" separately last week.

☆ Dan Niles shares how to trade tech and names stocks to buy
▼ + stars: | 2022-12-13 | 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 EmailDan Niles shares how to trade tech and names stocks to buyDan Niles, who is founder and senior portfolio manager of the Satori Fund, discusses how to trade tech amid the volatility, and names one area to avoid.

☆ Dan Niles thinks the S&P 500 will hit a ‘new low’ in 2023. Here’s how he is trading it
▼ + stars: | 2022-12-12 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

He believes the S & P 500 will see a Santa Claus rally before hitting a new low in 2023. "Why are we bearish longer-term and believe the S & P will hit a new low in 2023?" Niles said the U.S.-focused long-short equity fund is up this year, beating the S & P 500, which has declined around 17% in the same period. Key to its outperformance is the strategy of pairing short positions with long ones, Niles said. The Satori Fund has short positions in tech stocks with advertising exposure, such as Google parent Alphabet .

☆ Amazon Web Services revenue growth will slow down more in 2023, says Satori Fund's Niles
▼ + stars: | 2022-12-05 | 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 EmailAmazon Web Services revenue growth will slow down more in 2023, says Satori Fund's NilesDan Niles, Satori Fund founder, joins 'TechCheck' to discuss if things could get uglier in the technology sector, if AWS' growth rate could fall to the high teens and more.

☆ Dan Niles sees a 'last gasp' rally between now and Christmas before things get ugly again in 2023
▼ + stars: | 2022-12-05 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Hedge fund manager Dan Niles said the market is in another bear-market rally and investor sentiment could turn sour again in the new year. Niles believes after the year-end rally, stocks could see more losses as corporate earnings are about to deteriorate. "The problem is you're going to get to the end of this year, and then you're going to have to report numbers and you're going to enter pre-announcement period. "We still believe that after you get sort of this next bear market rally running, it's last gasp, then you go and retest or break to new lows when you get into 2023," Niles said. "Our view is no different that this is just another bear market rally, but trying to take advantage of that things are going pretty well."

☆ Is this the last Christmas for Sears?
▼ + stars: | 2022-11-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +13 min

Easterling was at the Sears in her hometown of Jersey City, New Jersey, one of only 15 full-line Sears stores still open. The two started a catalog business selling watches and jewelry in 1888, incorporating under the Sears Roebuck name in 1893. The Sears catalog was the way many Americans first started to buy mass-produced goods. File photo/AP People shop inside a Sears store in Morton Grove, Illinois, in 1961. AP Soldiers guard a Sears store in Baltimore after riots broke out following the assassination of Martin Luther King Jr. in 1968.

☆ Kelsey Grammer explains why David Hyde Pierce won’t be in the ‘Fraser’ revival
▼ + stars: | 2022-11-24 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Kelsey Grammer is bringing Dr. Frasier Crane back. He’s doing a revival of his hit series “Fraser,” which originally ran on NBC from 1993-2004. Grammer said David Hyde Pierce opted out of returning as Fraser’s brother. “David basically decided he wasn’t really interested in repeating the performance of Niles,” Grammer said. “But the new world for Frasier is one of new friendships — and some new twists and turns he didn’t know were still in there.”

☆ Corporate America is bracing for a rise in activist investing. Meet the 13 lawyers on speed-dial when companies and investors fight for boardroom control.
▼ + stars: | 2022-11-23 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +11 min

Law firms including Olshan Frome Wolosky LLP and Schulte Roth & Zabel are go-tos for activist investors looking to change how companies do business. Kai Liekefett, who co-chairs Sidley's shareholder activism practice, last year successfully defended cloud company Box Inc. in a proxy fight by Starboard. Liekefett has also defended clients against major activist investors including Carl Icahn and Trian Partners. He has advised clients against major activist investors including Trian, Carl Icahn, Starboard Value and the billionaire Paul Singer. Lawrence Elbaum and Patrick Gadson, Vinson & ElkinsPatrick Gadson (L) and Lawrence Elbaum (R), co-heads of Vinson & Elkins' shareholder activism group.

☆ We're playing this market for a rally until the next CPI print, says The Satori Fund's Dan Niles
▼ + stars: | 2022-11-10 | 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 EmailWe're playing this market for a rally until the next CPI print, says The Satori Fund's Dan NilesThe Satori Fund Founder Dan Niles joins 'TechCheck' to discuss what the CPI print brings to the table, how influential cryptocurrency movements are to the broader market, and more.

☆ Midterms are good for the short-term, but it's still a bear market, says Satori's Dan Niles
▼ + stars: | 2022-11-08 | 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 EmailMidterms are good for the short-term, but it's still a bear market, says Satori's Dan NilesDan Niles, The Satori Fund founder, joins 'CNBC: Business on the Ballot' to discuss the positive impact midterm elections have on the stock market.

☆ Watch CNBC’s full interview with The Satori Fund's Dan Niles
▼ + stars: | 2022-11-08 | 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 The Satori Fund's Dan NilesDan Niles, The Satori Fund founder, joins 'CNBC: Business on the Ballot' to discuss the positive impact midterm elections have on the stock market.

☆ There are still opportunities in tech — here's how to trade it: Analysts
▼ + stars: | 2022-11-07 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

But with the tech-heavy Nasdaq down more than 30% year-to-date, analysts say there are some bright spots that could offer opportunities to investors. Two stand-out Big Tech names All the major tech stocks declined sharply following the bad earnings reports last week – except for Apple , which saw its stock rise. "For me, the legacy tech companies is a melting ice cube in a lot of ways if you're in the wrong one. Buy the 'right type' of Big Tech stock There are two types of mega tech companies, according to Yoshikami. In comparing the two types of companies, Yoshikami said he likes companies that are not transitioning.

Walmart has agreed to pay $3.1 billion, mostly up front, according to two people familiar with the matter. The proposed settlement, which would be the first nationwide deal with retail pharmacy companies, follows nationwide opioid settlements with drugmakers and distributors totaling more than $33 billion. CVS, Walgreens and Walmart are the three largest retail pharmacies in the country by market share. The agency has attributed much of the recent rise in overdose cases to illegally manufactured fentanyl, a powerful synthetic opioid. A congressional report last month put the economic toll of the opioid crisis in 2020 alone at $1.5 trillion.

The proposed settlement calls for CVS to pay $5 billion over 10 years, Walgreens to pay $5.7 billion over 15 years and Walmart to pay $3.1 billion, mostly up front, according to the people. Walgreens and CVS declined to comment. Walmart and a spokesperson for the plaintiffs' attorneys in the litigation did not immediately respond to requests for comment. The proposed settlement, which would be the first nationwide deal with retail pharmacy companies, follows nationwide opioid settlements with drugmakers and distributors totaling more than $33 billion. CVS, Walgreens and Walmart are the three largest retail pharmacies in the country by market share.

☆ CVS, Walmart, Walgreens reach tentative $12 bln Opioid pact - Bloomberg News
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +1 min

[1/2] The combination photo shows a logo of CVS in Manhattan, New York, U.S., August 1, 2016, re-usable Walmart bags in a newly opened Walmart Neighborhood Market in Chicago September 21, 2011 and a Walgreens sign in the Chicago suburb of Niles, Illinois, February 10, 2015. REUTERS/Andrew Kelly/Jim YoungNov 1 (Reuters) - CVS Health Corp (CVS.N), Walgreens Boots Alliance Inc (WBA.O) and Walmart Inc (WMT.N) have tentatively agreed to pay more than $12 billion to resolve thousands of state and local government lawsuits accusing the chains of mishandling opioid painkillers, Bloomberg News reported on Tuesday. The proposed settlement calls for CVS to pay $4.9 billion, Walgreens to pay at least $4 billion and Walmart to pay $3 billion, according to the report, citing people familiar with the matter. Reporting by Baranjot Kaur in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ CNBC Pro Talks: Hedge fund manager Dan Niles bought Meta shares. Here's his strategy for tech names
▼ + stars: | 2022-11-02 | by ( Sarah Min | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Hedge fund manager Dan Niles bought Meta shares. Here's his strategy for tech namesThe Satori Fund founder Dan Niles has more than three decades of market experience, with a focus on large-cap technology companies. That space has been hit hard in 2022, leaving many investors wondering if Big Tech stocks are still the leaders of the pack. Dan, who is in the green this year, shares his macro analysis of the sector, when he thinks the market will hit THE bottom, and which names he thinks are poised to rebound going into 2023.

☆ Sell stocks in a bear market rally and look to this alternative, JPMorgan strategist says
▼ + stars: | 2022-10-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

But it has also seen multiple weeks where stocks have risen by more than 5% despite slower economic growth expectations. Such bear market rallies, according to Madison Faller, global investment strategist at JPMorgan Private Bank, were well suited for investors to sell stocks ahead of a more significant market fall. Last week, Bank of America also advised clients not to trust the recent market rally as its research pointed toward further declines in the stock market. iShares 0-5 Year TIPS Bond ETF: It has exposure to short-term U.S. Treasury Inflation-Protected Securities (TIPS). iShares 1-5 Year Investment Grade Corporate Bond ETF: It has exposure to U.S. corporate bonds with maturities between one to five years.

☆ Top investors say it's foolish to ignore the value in tech stocks right now. What to buy and when
▼ + stars: | 2022-10-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +25 min

Schatz of Heritage Capital looks for what he calls "high-flier" or "second-tier" technology stocks severely battered this year but pushing higher. Playing defense When looking outside of big tech, investors may also want to consider looking out for more defense-focused names. His picks include IBM, which trades at just 14 times forward earnings and offers a sticky revenue base. Schatz of Heritage Capital looks for what he calls "high-flier" or "second-tier" technology stocks severely battered this year but pushing higher. His picks include IBM, which trades at just 14 times forward earnings and offers a sticky revenue base.

☆ Should you trust this recent market rally? Here’s how Wall Street is advising their clients
▼ + stars: | 2022-10-20 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Wall Street analysts, however, have cautioned that there might be more downside before a bull market begins. That means there's likely to be more volatility before a sustained market rally. Hedge fund manager Dan Niles said the "bear market rally" in October will continue until Oct. 25, when mega-cap tech companies report third-quarter results. How to trust a market rally? The BofA report also said despite the bear market, stocks still are not "cheap enough."

☆ As fundamentals get worse, long calls are more attractive, says The Satori Fund's Dan Niles
▼ + stars: | 2022-10-20 | 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 EmailAs fundamentals get worse, long calls are more attractive, says The Satori Fund's Dan NilesThe Satori Fund Founder Dan Niles joins 'TechCheck' to discuss geopolitical factors breaking positive and strengthening the market, tech earnings and strategies for gauging tech volatility.

☆ Watch CNBC's full interview with Satori Fund's Dan Niles
▼ + stars: | 2022-10-20 | 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 EmailWatch CNBC's full interview with Satori Fund's Dan NilesSatori Fund Founder Dan Niles, joins 'TechCheck' to discuss geopolitical factors breaking positive and strengthening the market, putting tech earnings in context of longterm activity, and strategies for gauging tech volatility.

☆ Retailer investors are better off in cash, says The Satori Fund's Dan Niles
▼ + stars: | 2022-10-13 | 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 EmailRetailer investors are better off in cash, says The Satori Fund's Dan NilesDan Niles, Satori Fund founder, joins 'TechCheck' to discuss stocks responding positively to cuts in earning expectations, the need for the U.S. economy to get wages under control, and where the Fed should be directing its focus.

☆ Dan Niles’ Satori Fund is beating the market this year. Here’s where he is putting his money
▼ + stars: | 2022-09-27 | by ( Zavier Ong | ) www.cnbc.com time to read: +5 min

This year's bear market has left many investors deep in the red, but Dan Niles says his Satori Fund has bucked the trend. Niles said the U.S.-focused long-short equity fund is up this year, outperforming the S & P 500 , which has declined around 20% in the same period. The Satori Fund also holds several long positions, though Niles cautioned that these positions remain vulnerable in today's market. Stocks he likes In terms of stocks he likes, Niles said he favors defensive companies against the backdrop of a looming recession. Niles likes Walmart as a defensive bet that could "benefit from a recession as consumers look for bargains."

☆ The S&P ultimately goes down to $3,000, says The Satori Fund's Dan Niles
▼ + stars: | 2022-09-26 | 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 EmailThe S&P ultimately goes down to $3,000, says The Satori Fund's Dan NilesDan Niles, Satori Fund founder, joins 'Squawk Box' to discuss whether a bear market rally may be upon us soon.

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