Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "MOTR Capital Management


25 mentions found


Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall and mid-cap stocks could benefit from a 50 bps rate cut, says UBS' Erika NajarianErika Najarian, UBS senior equity research analyst, joins 'Squawk on the Street' to discuss what rate cuts will mean for the banking sector, news regarding Basel III capital regulations, and much more.
Persons: Erika Najarian Erika Najarian Organizations: UBS, Basel III
The startup, Smartcat, just raised $43 million in Series C funding led by New York-based VC firm Left Lane Capital with Lead Edge Capital also participating. Smartcat previously raised a $4.5 million seed round in 2017, a $7 million Series A in 2018, and a $15 million Series B in 2020, according to PitchBook data. VC investment in AI startups is continuing to go gangbusters, topping out at a whopping $24 billion in the second quarter of 2024 — the biggest quarter for AI funding in recent years, according to Crunchbase. AdvertisementWhile some consumer and healthcare AI startups have raised eye-popping rounds, the tech is creating plenty of opportunities in the B2B space. Check out the six-slide presentation Smartcat used to raise $43 million in Series C funding.
Persons: , Smartcat, Ivan Smolnikov, Smolnikov Organizations: Service, Left Lane, Lead Edge Capital, Marbruck Investments, Chrome, Business Locations: New York, Koro, Smartcat
CNN —At least 10 people have been killed in some of the worst floods to hit central Europe in decades as Storm Boris sweeps through the region, dumping well over a month’s worth of rain. Across the border in the Czech Republic, thousands of residents have been left without hot water and electricity after authorities shuttered heating plants. Authorities are also alarmed by the situation in the Czech town of Litovlje, where 80% of buildings are submerged. The town’s mayor, Viktor Kohout, told CNN Prima that the Morava river is expected to crest at 2 p.m. local time (8 a.m. Police have extensively “warned the public about the danger” of walking along the river, a Bratislava Police spokesperson told CNN on Monday.
Persons: Boris, , Johanna Mikl, Leitner, Jaroslav Ozana, Kacper Pempel, Wladyslaw Kosiniak, Kamysz, Viktor Kohout, Sergei Gapon, Zdenek Kuzilek, Viktor Orban, Orban, ” Orban Organizations: CNN, Veolia, CNN Prima, ” Firefighters, Moravska Ostrava, Reuters, TVN24, Polish, PAP, Authorities, Getty, Danube . Police, Bratislava Police Locations: Europe, Austria, Poland, Czech Republic, Hungary, Ostrava, Polish, Lower Austria, ” Lower Austria, Privoz, Nysa Klodzka, Nysa, Reuters Europe, Klodzko, Czech, Litovlje, Jesenik, Rudawa, AFP, Budapest, Slovakian, Bratislava
Stocks in the firm's coverage universe have "significantly front-loaded expected rate cut benefits, well in excess of prior fed cycles," he said. The chances of a smaller 25 basis point cut have fallen to a 41% chance. Barclays analyst Matthew Bouley is watching the data very closely as well and said a lot will depend on how consumers react as mortgage rates fall. Bouley said this is one of the clearest signs yet that a recent decline in mortgage rates is bringing buyers into the market. Slightly more than half the analysts who cover the stock rate it a buy or overweight, it said.
Persons: Mike Dahl, Dahl, Toll, Taylor Morrison, Matthew Bouley, Bouley, Horton Organizations: Federal Reserve, RBC Capital Markets, Tri, Tri Pointe Homes, Toll, RBC, KB, Barclays Locations: Tri Pointe, staving, Horton
OpenAI on Monday said its Safety and Security Committee, which the company introduced in May as it dealt with controversy over security processes, will become an independent board oversight committee. Other members include Adam D'Angelo, an OpenAI board member and co-founder of Quora, former NSA chief and board member Paul Nakasone, and Nicole Seligman, former executive vice president at Sony. The committee will oversee "the safety and security processes guiding OpenAI's model deployment and development," the company said. The company said the committee "reviewed the safety and security criteria that OpenAI used to assess OpenAI o1's fitness for launch," as well as safety evaluation results. Leike wrote in a post on X that OpenAI's "safety culture and processes have taken a backseat to shiny products."
Persons: Sam Altman, OpenAI, Zico Kolter, Adam D'Angelo, Quora, Paul Nakasone, Nicole Seligman, it's, Ilya Sutskever, Jan Leike, Leike Organizations: Microsoft, Security Committee, Carnegie Mellon University's, NSA, Sony, Tiger Global, Nvidia, Apple, OpenAI o1, Democratic Locations: Redmond , Washington, OpenAI
Shares of India's Bajaj Housing Finance more than doubled Monday on their market debut, reflecting strong demand from investors looking to play the country's growing real estate sector. Bajaj Housing Finance's blockbuster IPO last week drew bids worth $39 billion, with shares being oversubscribed nearly 64 times. After Monday's debut the total market cap of the company was pegged at about $15.6 billion (1,331.59 billion rupees), exchange data showed. Bajaj Housing Finance, headquartered in Pune, caters to more than 88.11 million customers across the country, according to the company's website. It also provides loans against property for business or personal needs as well as working capital for business expansion purposes.
Organizations: India's Bajaj Housing Finance, National Stock Exchange, Bajaj Housing, Bajaj Housing Finance, Bajaj Finance Locations: India, Pune
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI is the indisputable leader in the AI supercycle, says Altimeter Capital's Apoorv AgrawalApoorv Agrawal, Altimeter Capital partner, joins 'Squawk Box' to discuss the latest OpenAI funding round, state of the AI technology race, investing in AI companies, why he believes OpenAI is the leader in the AI supercycle, and more.
Persons: Agrawal Apoorv Agrawal, OpenAI
His success has also helped fuel a boom in family offices, a financial structure pioneered by J.P. Morgan and popularized by the Rockefellers. Today there are thousands of family offices globally, with the total number tripling between 2019 and 2023, according to the data provider Preqin. To protect Page, Osborne has long remained hidden, the man behind the megabillionaire's curtain. AdvertisementThe small staff at Koop, Page's family office in Palo Alto, are fiercely committed to Page's privacy. Through his investment in Way2B1, Page is seeking to make money by monetizing the techniques he uses to make money.
Persons: Thomas, Larry Page, Wayne Osborne, Osborne, Koop, , Wayne, Jeffrey Epstein, Gmail, Page, he's, Larry, Morgan, Morgan Stanley, hasn't, Justin Sullivan, hawking, Sergey Brin, George Pavlov, Mark Zuckerberg, Jeff Bezos, Melinda Lewison, Natasha Pearl, Aston Pearl, James Estrin, Helen Frankenthaler, Minerva, Joseph E, Brooks, Taylor, Mortimer Zuckerman, Zuckerman, he'd, who'd, Koop's, Ken Goldman, Eric Schmidt, Hugh Langley, Michael Floyd, Floyd, Page's, Lucy Southworth, Southworth, It's, Way2B1, it's, Gilles Martin, Hal Bailey Organizations: QS, Osborne, J.P, Google, Harvard Business School, Princeton Theological Seminary, Presbyterian Church, New York Times, Minerva, U.S . News, Boston Properties, Shell, CIA, Energy Technologies, Oceankind, Forbes, Business, Fiji Locations: New York, Caribbean, St, Palo Alto , California, Wayne, Mississippi, Connecticut, Silicon Valley, U.S, Silicon, Palo Alto, Koop, Nola, margarita, Way2B1, Fijian, superyachts, New Zealand, Fiji
More than 4,000 people have descended here for the Future Proof conference , a vast social gathering designed to give younger registered investment advisors and other investment professionals access to what they want. What they want, apparently, is an intense desire to network with other RIAs and investment professionals and find ways to grow their business. Reimagining the financial conference Future Proof is the brainchild of Barry Ritholtz, co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, and CEO Josh Brown. This is the third year for the conference, but Ritholtz and company have been doing conferences for 15 years. Ritholtz describes it as an ongoing project to reinvent the financial conference concept, which he says is "moribund."
Persons: Barry Ritholtz, Josh Brown, Ritholtz, Van Eck, Matt Middleton, Adarsh, Brett Rodgriguez, Delon Mansour, Mansour, Shyamsundar, Harris, Consulting's Brett Rodgriguez, Akash Shah, Shannon Saccocia, Raj Dhanda, Ares Management, John Christmas, RIAs, They'll, Mike Novogratz, Anna Paglia, Bryan Whalen, Saira Malik, Lauren Goodwin, Scott Wapner, DoubleLine Capital's Jeff Gundlach, CNBC's, Jan van Eck, Matt Hougan, DJ Mick, There's, Bob Pisani, Jon Maier, JP Morgan, Pisani, Jan Van Eck, Marlena Lee, That's Organizations: Ritholtz Wealth Management, JPMorgan Chase, Capital Group, Street Global Advisors, Funds, Polaris Capital Management, Graystone Consulting, Investments, Investment, Ares, HPS Investment Partners, Global, Life Investments, Bitwise, Management, Dimensional Fund Advisors Locations: HUNTINGTON BEACH, Calif, Los Angeles, Iowa, California, Huntington Beach, San Diego, Michigan, ETFEdge.cnbc.com
I applied for a green card after working on my H-1B visa for a year. By this point, I had lived in the US for about six years and created a whole life here, but the green card process was very painful. The process makes life pretty horribleHaving a work visa and going through the green card process are privileges, but it is very hard to separate the emotional component. Luckily, Microsoft paid for the attorneys in the green card process, and no cost came out of my pocket. In 2022, I finally received my green card after three years.
Persons: , Andres Pico, I'm, Lauryn Haas Organizations: Service, Business, ACT, University of South, of Hispanic Professional Engineers, Virginia Tech, Microsoft, Verizon, Deutsche Bank, Disney, Starbucks, lhaas Locations: Seattle, Manta, Ecuador, University of South Florida, Tampa
I ordered a strip steak and a Caesar salad at STK and Capital Grille to compare the chains. STK served one of the best steaks I've ever had, but the meal there was twice as expensive. The Caesar salad at Capital Grille was excellent, but I really wasn't impressed by its steak. Go to newsletter preferences Thanks for signing up! AdvertisementBoth STK Steakhouse, which has 20 locations in the US and a few more overseas, and Capital Grille, which has over 70 locations across the States, Mexico, and Costa Rica, have much to offer their diners.
Persons: Caesar, STK, Organizations: Service, Business Locations: States, Mexico, Costa Rica, Midtown Manhattan
Amir Dan Rubin: Better human health, better outcomes
  + stars: | 2024-09-16 | 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 EmailAmir Dan Rubin: Better human health, better outcomes"To me, ambition means being driven by a mission." Amir Dan Rubin, Managing Director and Founder of Healthier Capital, shares what ambition means to him and the need to find innovative ways to improve healthcare outcomes across the U.S.
Persons: Amir Dan Rubin Locations: U.S
Deepwater's Gene Munster on what iPhone 16 will mean for Apple
  + stars: | 2024-09-16 | 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 EmailDeepwater's Gene Munster on what iPhone 16 will mean for AppleGene Munster, Deepwater Asset Management managing partner, joins 'Squawk Box' to discuss Apple's iPhone revenue forecast, whether a new iPhone supercycle is imminent, and more.
Persons: Deepwater's Gene Munster, Apple Gene Munster Organizations: Deepwater's, Apple, Deepwater Asset Management
BRUSSELS (AP) — Trade unions and thousands of disgruntled workers are set to demonstrate through the Belgian capital Monday to protest the threat of thousands of layoffs in a state-of-the-art Brussels car factory and other key industries. There was a tide over the past year,” affecting major industries all over Belgium, said ACV union representative Lieve De Preter. To counter the industrial decline, unions are insisting on better company coordination across the 27-nation EU and more say of employees in the running of businesses. The demonstration is set to cause gridlock throughout Brussels for much of the day. This material may not be published, broadcast, rewritten or redistributed.
Persons: Lieve De Preter Organizations: — Trade, Belgian, Audi, EU, Associated Press Locations: BRUSSELS, Brussels, Belgium
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Sandbox AQ CEO Jack Hidary and Breyer Capital's Jim BreyerJack Hidary, Sandbox AQ CEO, and Jim Breyer, Breyer Capital founder, joins 'Money Movers' to discuss how Sandbox AQ is using its technology to cure the Alzheimer's disease, why Breyer is so excited about LQMs, and much more.
Persons: Jack Hidary, Breyer Capital's Jim Breyer Jack Hidary, Jim Breyer, Breyer Organizations: AQ, Breyer Capital
Amir Dan Rubin: Driven by a mission
  + stars: | 2024-09-16 | 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 EmailAmir Dan Rubin: Driven by a mission"I want to find dramatic ways to make things better." Amir Dan Rubin, Managing Director and Founder of Healthier Capital, shares what ambition means to him.
Persons: Amir Dan Rubin
Here are the biggest calls on Wall Street on Monday: Evercore ISI reiterates Alphabet as outperform Evercore says it's sticking with shares of the search giant. Morgan Stanley reiterates Micron as equal weight Morgan Stanley lowered its price target on the stock to $100 per share from $140. Morgan Stanley reiterates Tesla overweight Morgan Stanley says it's sticking with its overweight rating heading into Tesla's robotaxi day on Oct. 10. Morgan Stanley upgrades Ase Technology to overweight from equal weight Morgan Stanley said in its upgrade of Ase that the chipmaker's stock is defensive. Morgan Stanley upgrades Chart Industries to overweight from equal weight Morgan Stanley says the gas liquefication company has "significant exposure to both energy transition and renewables as well as traditional energy."
Persons: Evercore, Morgan Stanley, Tesla, Simon, Eaton, Wells, Pro Max, Carvana Evercore, Jack Sinclair, Curtis Valentine, Merchant Scott Neal, BTIG, Truist, Melius Organizations: DOJ, Micron, Technology, Industries, Citi, downgrades Colgate, Palmolive, CL, Barclays, GE, GE Vernova, JPMorgan, Apple, Pro, Ally, Mizuho, Oracle, " Bank of America, Nvidia, Bank of America Locations: Tesla's, Staples
Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. Intel shares jumped 8% in extended trading Monday after the company said it plans to turn its foundry business into an independent unit with its own board and the potential to raise outside capital. Gelsinger said the restructuring would allow the foundry business to "evaluate independent sources of funding," and comes days after Intel's board met to assess the direction and future of the company. The foundry business, which Intel plans to use to manufacture chips for other customers, has been a big drag on its bottom line, with the company spending roughly $25 billion on it in each of the last two years. With a standalone "operating board" and a cleaner corporate structure, the mechanics of a separation become far easier than trying to turn a fully integrated unit into a separate company.
Persons: Pat Gelsinger, Pat Gelsinger's, Gelsinger Organizations: Intel, Nvidia Locations: Taipei, Altera
The S & P 500 is on the verge of something unexpected — especially for September. The broad market index entered the week less than 1% below a record last reached in July. Krinky isn't the only one on the Street treading carefully with the S & P 500 near record highs. "With the S & P 500 close to our YE 2024 price target again, we remain neutral on the S & P 500 for now," wrote Lori Calvasina, head of global equity research at RBC Capital Markets. "However, after a sharp move lower in 10-year yields, the earnings yield gap for the S & P 500 is starting to head in a more favorable direction for stocks," Calvasina added.
Persons: Jonathan Krinsky, BTIG, Krinsky, Lori Calvasina, Calvasina, Mark Mahaney Organizations: Traders, Federal, Market Committee, RBC Capital Markets, ISI, of Justice
Apple released the latest version of its iPhone operating system, iOS 18, on Monday, including several new security and privacy features. The rollout comes a week after Apple unveiled new versions of the iPhone, AirPods and Apple Watch. Here's a rundown of some new security and privacy features and how to access them. A new Passwords app to improve on iCloud keychainApple has created a separate app for storing user passwords. AI privacy protectionsSeparately, Apple will soon be launching Apple Intelligence, an artificial intelligence platform developed by Apple.
Persons: Steve Jobs, Apple, Jodi Daniels, Thorin, Klosowski, Daniels Organizations: Apple, Steve, Apple Watch, Red Clover Advisors, Electronic Frontier Foundation, Apple Vision, Apple Intelligence Locations: Cupertino , California, U.S, Keychain
Stock futures were flat Monday evening as Wall Street readied for key retail sales data and the start of the Federal Reserve's September policy meeting. Futures tied to the S&P 500 hovered near the flatline, along with futures linked to the Dow Jones Industrial Average . Investors on Tuesday will parse retail sales data for August for one final glimpse into the health of the U.S. consumer ahead of the Fed rate decision. The results could affect the rate cut outcome. She is forecasting additional 25 basis point cuts in November and December.
Persons: Biden, Dow, Dow Jones, Seema Shah Organizations: Intel, Futures, Dow Jones, Nasdaq, Apple, Fed, CME Group's, September's National Association of Home Builders Housing
Meanwhile, in today's newsletter, we're looking at how AWS is ramping up its sales team to pitch customers on AI . The big storySell, sell, sellAmazon; Getty Images; Alyssa Powell/BIWhen it comes to the AI revolution, building is only half the battle. AdvertisementAfter drawing scrutiny from investors about their massive investments in generative AI, tech companies are prioritizing getting returns on their big bets. Amazon; OpenAI; Microsoft; Getty Images; Chelsea Jia Feng/BIAWS' pressure to ramp up AI sales isn't just focused on ROI. And while these companies can't afford not to pitch their customers on AI tech, they also risk turning them off to the idea by selling them products that might not live up to expectations.
Persons: , Donald Trump, Trump, Alyssa Powell, Insider's Eugene Kim, Eugene, Chelsea Jia Feng, it's, Anna Kim, Getty, Tyler Le, Martha Stewart, Al Capone, Morgan Stanley, Dre, Jeff Chiu, Larry Page's, Wayne Osborne, Elon, Grimes, Ryan Mac, Kate Conger unearths, Musk, Department's, We've, Kamala Harris, Biden, Booker, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, FBI, Business, Amazon Web Services, that's, AWS, Microsoft, Getty, Google, Sunshine, Twitter, Huber & Starke, Hollywood, Teamsters Locations: West Palm Beach , Florida, today's, Florida, hustles, New York, London
The history of the US Secret Service
  + stars: | 2024-09-16 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +7 min
The agency was commissioned within the Treasury Department, and the Secret Service was entirely focused on counterfeit money, a major problem of the day. Threatening presidents was not made a crime until 1917, the same year Congress approved Secret Service protection for the immediate family of a president. The Secret Service remained a part of the Treasury Department until 2003, when a massive government reorganization after the 9/11 terror attacks moved the Secret Service to the Department of Homeland Security. But the Secret Service is still tasked with fighting financial crimes. The entire Secret Service employs nearly 8,000 people for its protective and investigative missions, and it secures thousands of events each year.
Persons: Abraham Lincoln, Allan Pinkerton, Lincoln, Erik Larson, Pinkerton, Union Gen, George McClellan, McClellan, Lafayette Baker, John Frederick Parker, Parker, John Wilkes Booth, Baker, Booth, Grover Cleveland, — James Garfield, William McKinley, Leon Czolgosz, Theodore Roosevelt, Roosevelt, Robert F, Kennedy, Trump’s reemergence, Trump, CNN’s Stephen Collinson, Kamala Harris, walling, Ryan Wesley Routh, Sen, JD Vance, Trump’s, Ron DeSantis, Kimberly Cheatle Organizations: CNN, Union, of Congress, Library of Congress, Smithsonian Magazine, Ford’s Theatre, United States Secret Service, Service, Treasury Department, Congress, White, California Democratic, Department of Homeland Security, Trump, Republican, Secret Service, Republican Gov Locations: Baltimore, Lincoln, Washington, DC, Los Angeles, New York City, Pennsylvania, West Palm Beach , Florida, Alexandria, Virginia
Investors may be better off if November's election ends with neither candidate having enough wiggle room to enact their economic policies, according to Citigroup. "We maintain our ongoing view that either candidate's policy platforms are U.S. equity negative, but notably in a 'sweep' context. We mark the Harris platform as incrementally more negative (-4% to -6%) vs the Trump platform (0% to -4%). A split congress with either candidate mitigates most of the nearer term risk to fair values," the note said. … We continue to reiterate our ongoing concern that the deficit circumstance will move more front and center with investors post election," the Citigroup said.
Persons: Scott Chronert, Kamala Harris, Donald Trump, Harris, mitigates, Trump Organizations: Citigroup, Trump, White Locations: Montana , Nevada , Arizona, Pennsylvania
Kevin Dietsch | Getty ImagesA flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves in either direction. The U.S. central bank is widely expected to join others around the world in starting its own rate-cutting cycle. Elsewhere, Brazil's central bank is scheduled to hold its next policy meeting across Tuesday and Wednesday. Traffic outside the Central Bank of Brazil headquarters in Brasilia, Brazil, on Monday, June 17, 2024. The central bank delivered its first interest rate cut in more than four years at the start of August.
Persons: Jerome Powell, William McChesney Martin, Kevin Dietsch, John Bilton, CNBC's, Bilton, David Volpe, Volpe, 25bps, Wilson Ferrarezi, BOE, Ruben Segura Cayuela Organizations: Federal Reserves, Washington , D.C, Federal, Traders, The Bank of England, Norway's Norges Bank, South Africa's, Bank, Bank of Japan, Morgan Asset Management, European, Bank of England, ECB, Emerald Asset Management, Banco Central, TS Lombard, Central Bank of, Bloomberg, Getty, Reuters, Bank of America Locations: Washington ,, U.S, Brazil's, Brazil, Central Bank of Brazil, Brasilia, South Africa, Norway, Japan
Total: 25