Cathie Wood of Ark Invest said Thursday the technology companies in her innovation-focused portfolio are drastically undervalued, and she believes that her fund’s recent sell-off is short-lived....
Tag: Investment strategy
Goldman CEO David Solomon raises financial targets, takes victory lap after crushing 2020 goals
David Solomon of Goldman Sachs Andrew Harrer | Bloomberg | Getty Images Goldman Sachs CEO David Solomon took a moment to bask in his firm’s recent performance before raising the company’s ...
Stock futures are little changed as investors weigh earnings, Fed and geopolitics
Traders work on the floor of the New York Stock Exchange (NYSE) on February 16, 2022 in New York City. Spencer Platt | Getty Images Stock futures were little changed in overnight trading as investors ...
Biden administration has close eye on private equity, other ‘alternative’ investments
SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Biden administration i...
Cramer says many companies aren’t ready for a post-Covid pandemic world
Many companies appear to be ill-equipped to thrive in a post-Covid world, CNBC’s Jim Cramer said Wednesday. “I have not seen a lot of companies who are prepared for post-pandemic. I’...
A $45 billion credit fund manager says the Fed is ‘way, way, way behind the curve’ on inflation
(Click here to subscribe to the new Delivering Alpha newsletter.) Lawrence Golub helms one of the largest private credit shops in the alternative finance space. His eponymous firm, Golub Capital, has ...
Bank of America CEO Brian Moynihan says U.S. consumer spending ‘very strong’ in February
Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Ge...
Monster Beverage, Constellation Brands, Arista Networks and more
Take a look at some of the biggest movers in the premarket: Monster Beverage (MNST), Constellation Brands (STZ) – Merger talks between Monster Beverage and Constellation Brands are progressing, accord...
Stock futures are little changed as Russia-Ukraine tensions and Fed rate hike worries simmer
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures were flat on Monday night, as traders kept an eye on simmering tensions between Russia and Ukraine while weighing the po...
68% of investment execs think clients shouldn’t own cryptocurrency
A Bitcoin ATM is seen inside a gas station in Los Angeles on June 24, 2021. CHRIS DELMAS | AFP | Getty Images Roughly 2 out of 3 “fund selectors” don’t think individual investors sho...
Valentine’s Day inflation will set you back this Feb. 14
Florist Betty Sejas arranges red roses at Company Flowers in Arlington, Virginia, on Feb. 8, 2022. Saul Loeb | AFP | Getty Images Not even Cupid is immune from inflation’s sting this Valentine&#...
Splunk, Blackstone, Aerojet Rocketdyne and more
Take a look at some of the biggest movers in the premarket: Splunk (SPLK) – Cisco Systems (CSCO) made a more than $20 billion takeover bid for the cloud software company, according to people familiar ...
5 things to know before the stock market opens Monday, February 14
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures steady after comments from Russia’s top diplomat Traders on the floor of the NYSE...
DBS CEO Piyush Gupta on fourth-quarter earnings, shareholder dividends
Singapore’s largest lender DBS Group reported a record full-year profit for 2021, and its CEO Piyush Gupta told CNBC last year was “one of the best years” he’s seen. “Tha...
Oil jumps amid escalating tensions between Russia and Ukraine
Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Oil prices jumped in afternoon trading Friday amid...
Jeffrey Gundlach says the Fed is ‘obviously behind the curve,’ will raise rates more than expected
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Friday the Federal Reserve is failing in its battle...
4-day workweek was cure for employee burnout at online store Primary
Primary co-founders and co-CEOs Cristina Carbonell and Galyn Bernard shifted the online children’s clothing retailer to a four-day workweek during the pandemic and have no plans to go back to th...
Stock futures are flat following a steep sell-off spurred by hot inflation
Traders on the floor of the NYSE, Feb. 9, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday after a sharp sell-off on Wall Street spurred by the hottest inflation reading in fou...
Kellogg may raise prices again in 2022 amid ‘double digit cost inflation,’ says CEO
Kellogg is planning to raise prices and increase productivity to offset the skyrocketing inflation it’s seeing for input costs, CEO Steve Cahillane told CNBC on Thursday. “As we enter 2022...
Binance, led by crypto billionaire, takes huge stake
Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year-old magazine and digital publisher, CNBC has learned. The funds will h...
Struggling small businesses hope more Covid relief is on the way
andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the ...
CLSA assesses the impact of rates on SoftBank’s investment strategy
The current interest rate environment could favor Japanese conglomerate SoftBank Group’s strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, acco...
Financial anxiety is high. Why financial planners may miss the signs
The Covid-19 pandemic has made it difficult for people to answer big questions about their futures, and many financial planners are underestimating the financial anxiety that is causing, according to ...
These ‘money disorders’ may be contributing to your growing debt
The average American has $90,460 of debt. Experts say a significant amount of this can be explained by what they call “money disorders.” Money disorders is an umbrella term for recurring a...
Stock futures gain slightly with more big earnings ahead
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures ...
Toyota U.S. sales chief says win over GM ‘not sustainable,’ but expects bet on EVs to pay off
Toyota is making big bets on hybrids and electric vehicles after dethroning General Motors as America’s top automaker. “What we are still seeing today is that many consumers that are in th...
Michael Lewis, three decades after ‘Liar’s Poker,’ says Wall Street is worse in some ways
Michael Lewis Adam Jeffery | CNBC When a 27-year-old Michael Lewis put his head down to write “Liar’s Poker” — the book that ultimately put him on best-selling lists and launched his...