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☆ Chicago Prosecutor Drops Sex Abuse Charges Against R. Kelly After Federal Convictions
▼ + stars: | 2023-01-31 | by ( Talal Ansari | ) www.wsj.com time to read: 1 min

R. Kelly is currently serving a 30-year prison sentence and is awaiting sentencing in another trial. The Cook County, Ill., state’s attorney’s office said it will no longer pursue indictments against R&B singer R. Kelly after his convictions in other cases. Nearly four years ago, Cook County State’s Attorney Kim Foxx said Mr. Kelly had been charged with 10 counts of aggravated criminal sexual abuse involving four victims, three of whom were minors at the time.

☆ Bokeh's Kim Forrest calls Microsoft ChatGPT investment 'a smart move'
▼ + stars: | 2023-01-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBokeh's Kim Forrest calls Microsoft ChatGPT investment 'a smart move'Kim Forrest, Bokeh Capital Partners CIO, and Ashley Gold, tech and policy reporter at Axios, join 'The Exchange' to discuss Microsoft shares slipping on weak guidance.

☆ Private companies could follow layoff trend at public companies, says Bokeh's Kim Forrest
▼ + stars: | 2023-01-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPrivate companies could follow layoff trend at public companies, says Bokeh's Kim ForrestKim Forrest, Bokeh Capital Partners CIO, joins 'The Exchange' to discuss mounting layoffs in the tech space, over hiring practices losing steam, and restructuring workforces to meet future needs.

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

☆ North Korea's Kim unveils new military goals at key party meeting -KCNA
▼ + stars: | 2022-12-28 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

[1/2] North Korean leader Kim Jong Un attends the sixth enlarged meeting of the eighth Central Committee of the Workers' Party in Pyongyang, North Korea, in this undated photo released on December 27, 2022 by North Korea's Korean Central News Agency (KCNA). KCNA via REUTERSSEOUL, Dec 28 (Reuters) - North Korean leader Kim Jong Un unveiled new goals for the country's military for 2023 at an ongoing meeting of the ruling Workers' Party, state media reported on Wednesday, hinting at another year of intensive weapons tests and tension. The third-generation leader set the direction for the "anti-enemy struggle" and goals for reinforcing defence power, it added. KCNA did not provide details on those goals, but Kim's remarks could indicate the isolated country will continue to accelerate its military buildup. North Korean leaders previously made speeches on New Year Day, but in recent years, Kim has called days-long party gatherings at the end of the year to announce major policy decisions.

☆ Elon Musk's Twitter drama has been 'nightmare on Elm Street' for Tesla investors, say Dan Ives
▼ + stars: | 2022-12-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk's Twitter drama has been 'nightmare on Elm Street' for Tesla investors, say Dan IvesDan Ives, managing director of equity research at Wedbush Securities and Kim Forrest, chief investment officer at Bokeh Capital Partners, join 'The Exchange' to discuss tech market demand from the U.S. to China, Musk's struggle with Tesla coming off his Twitter acquisition, and the impact of rate hikes on tech names.

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

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

☆ Bonds a very good hedge against volatility and risky assets, says Societe Generale's Rajappa
▼ + stars: | 2022-12-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBonds a very good hedge against volatility and risky assets, says Societe Generale's RajappaSubadra Rajappa, Societe Generale head of U.S. rates strategy, and Kim Forrest, Bokeh Capital Partners CIO, join 'The Exchange' to discuss the net impact of rising interest rates, Rajappa's thoughts on investing in the bond market and how Forrest views the investing landscape right now.

☆ I'm a wellness-app founder who developed insomnia in lockdown. Here's the routine I used to get my sleep back on track.
▼ + stars: | 2022-12-09 | by ( Lola Christina Alao | ) www.businessinsider.com time to read: +5 min

She told Insider she began sleeping terribly while working up to 14 hours in lockdown. My morning — and evening — routines used to be very different when I had insomnia in 2020. I like to say affirmations when I'm in a depressed mood — but when I'm feeling tired, breathing exercises help a lot. I start with more high-level strategic things, like reviewing the product roadmap — things that actually require a lot of brainpower. After three hours of this deep-focus time, I go out and walk my dog to make sure I'm getting enough exposure to light.

☆ Don't think the Fed's going to kill the economy, but we are going to slow down, says Bokeh's Kim Forrest
▼ + stars: | 2022-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDon't think the Fed's going to kill the economy, but we are going to slow down, says Bokeh's Kim ForrestKim Forrest, chief investment officer at Bokeh Capital Partners, joins 'The Exchange' to discuss her long term market forecast, growth stocks for investors and economic slowing related to monetary policy.

☆ North Korea's Kim reveals daughter at ballistic missile test
▼ + stars: | 2022-11-18 | by ( Josh Smith | ) www.reuters.com time to read: +4 min

North Korea test-fired a Hwasong-17 intercontinental ballistic missile (ICBM) on Friday, state news agency KCNA reported on Saturday. "This is the first observed occasion where we have seen Kim Jong Un's daughter at a public event," said Michael Madden, a North Korea leadership expert at the U.S.-based Stimson Center. "It is highly significant and represents a certain degree of comfort on Kim Jong Un's part that he would bring her out in public in such fashion." [1/9] North Korean leader Kim Jong Un, along with his daughter, inspects an intercontinental ballistic missile (ICBM) in this undated photo released on November 19, 2022 by North Korea's Korean Central News Agency (KCNA). After a trip to North Korea that year, Rodman told The Guardian newspaper he had spent time with Kim and his family, and held the baby.

☆ Biden-Xi meeting brings North Korea into crosshairs. Sanctions are needed.
▼ + stars: | 2022-11-15 | by ( Anthony Ruggiero | Anthony Ruggiero Is Senior Director Of The Nonproliferation | Biodefense Program At The Foundation For Defense Of Democracies. He Previously Served On The National Security Council Under President Donald Trump As The Senior Director For Counterproliferation | ) www.nbcnews.com time to read: +7 min

But after North Korea re-engaged in negotiations, he reduced sanctions in exchange for promises of denuclearization, which Pyongyang soon violated. They included sanctions and an indictment against a Chinese company and four Chinese people who helped North Korea evade U.S. sanctions. This robust sanctions policy in the last year of Obama’s presidency extended into the beginning of his successor’s term. More than 20 countries curtailed diplomatic or commercial relationships with North Korea. Yet, instead of ratcheting up pressure on North Korea, Trump turned to other issues for the rest of his term.

☆ Republican Rep. Young Kim faces off against Democrat Asif Mahmood in California's 40th Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +5 min

Rep. Young Kim is running against Democrat Asif Mahmood in California's 40th Congressional District. The 40th District is an affluent, suburban district anchored in Orange County. CA-13CA-22CA-27CA-41CA-45CA-09CA-47CA-49 HouseRepublican Rep. Young Kim is vying for a second term against Democrat Asif Mahmood in California's 40th Congressional District. California's 40th Congressional District candidatesKim, a freshman representative, sits on the House Committees on Foreign Affairs, Science, Space and Technology, and Small Business. Voting history for California's 40th Congressional DistrictCalifornia's 40th Congressional District is an affluent, suburban district anchored in Orange County.

☆ Democratic Rep. Andy Kim faces off against Republican Bob Healey in New Jersey's 3rd Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. Andy Kim is running against Republican Bob Healey in New Jersey's 3rd Congressional District. The 3rd District includes Hamilton, a swing town and one of the state's most populous municipalities. New Jersey's 3rd Congressional District candidatesKim, first elected in 2018, is bidding for a third term. Voting history for New Jersey's 3rd Congressional DistrictNew Jersey's 3rd Congressional District covers parts of Monmouth and Mercer counties, including Hamilton, a swing town and one of the state's most populous municipalities. His challenger, Healey, has raised $4 million, spent $3.8 million, and has $228,000 in cash still left to spend, as of October 19.

☆ A timeline of threats against Nancy Pelosi — from the January 6 death threats to a claim about beheading her 'jihadist style' — that preceded the attack on her husband
▼ + stars: | 2022-10-30 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +7 min

A man who violently attacked Nancy Pelosi's husband, Paul Pelosi, may have been looking for her. Nancy Pelosi has faced several threats, including some that resulted in charges or conviction. "Nancy Pelosi is apart [sic] of a satanic cult and so are the people who work closely with her. A relative had informed her of a text Meredith sent in which he threatened Pelosi, prosecutors said. "The attacker who injured Paul Pelosi was looking for Nancy Pelosi, likely wanting to finish the job."

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

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

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

☆ I think UPS's quarter announcement was really great, says Boca Capital's Forrest
▼ + stars: | 2022-10-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI think UPS's quarter announcement was really great, says Boca Capital's ForrestKim Forrest, Boca Capital Partners CIO, joins 'The Exchange' to discuss UPS earnings, what could slow the Fed's rate hikes, if Canada's central bank moves are a foreshadow of what's to come in the U.S. and more.

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

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

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

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

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

A North Korean missile launch is seen in a photo released by state media on Monday. Rodong SinmunAnalysts noted that with Monday’s reports, North Korea broke six months of silence on its testing program. Kim Jong Un watches a missile launch in a photo released by North Korean state media on Monday. Rodong SinmunIn the report, Kim called South Korea and the United States “the enemies” and said North Korea doesn’t need to hold talks with them. North Korean leader Kim Jong Un observes a military drill on October 8 in photo from North Korean state media.

☆ Watch CNBC’s full interview with Bokeh Capital's Kim Forrest
▼ + stars: | 2022-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Bokeh Capital's Kim ForrestKim Forrest, Boca Capital Partners chief investment officer, joins 'The Exchange' to discuss the bond markets and why she likes Coca-Cola stock.

☆ Coca-Cola will continue to gain tailwinds from consumers dining out, says Bokeh Capital's Kim Forrest
▼ + stars: | 2022-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoca-Cola will continue to gain tailwinds from consumers dining out, says Bokeh Capital's Kim ForrestKim Forrest, Bokeh Capital Partners chief investment officer, joins 'The Exchange' to discuss the bond markets and why she likes Coca-Cola stock.

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