Emerging markets said to see the next bull run as the ‘sell U.S.’ narrative gains groundEmerging markets stocks are in the spotlight again as the “sell U.S.” narrative gains fresh momentum, following Moody’s recent downgrade of the U.S. credit rating.The Bank of America heralded emerging markets as “the next bull market” recently. “Weaker U.S. dollar, U.S. bond yield top, China economic recovery…nothing will work better than emerging market stocks,” Bank of America’s team, led by investment strategist Michael Hartnett, said in a note. Similarly, JPMorgan upgraded emerging market equities from neutral to overweight on Monday, citing thawing U.S.-China trade tensions and attractive…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailGene Munster, Deepwater Asset Management, joins ‘Fast Money’ to talk Apple’s and Google’s recent stock performance and possible headwinds both tech giants are facing. Source link
Indianapolis Colts owner and CEO Jim Irsay speaks during a ceremony honoring former player Tarik Glenn during halftime of the game between the Washington Commanders and the Indianapolis Colts at Lucas Oil Stadium on October 30, 2022 in Indianapolis, Indiana.Dylan Buell | Getty Images Sport | Getty ImagesJim Irsay, the Indianapolis Colts’ owner who leveraged the popularity of Peyton Manning into a new stadium and a Super Bowl title, died Wednesday at age 65.Pete Ward, Irsay’s longtime right-hand man and the teams chief operating officer, made the announcement in a statement from the team. He said Irsay died peacefully in…
Traffic outside the Central Bank of Brazil headquarters in Brasilia, Brazil, on Monday, June 17, 2024.Bloomberg | Bloomberg | Getty ImagesEmerging markets stocks are in the spotlight again as the “sell U.S.” narrative gained fresh momentum, following Moody’s recent downgrade of the U.S. credit rating.The Bank of America heralded emerging markets as “the next bull market” recently. “Weaker U.S. dollar, U.S. bond yield top, China economic recovery…nothing will work better than emerging market stocks,” Bank of America’s team, led by investment strategist Michael Hartnett, said in a note. Similarly, JPMorgan upgraded emerging market equities from neutral to overweight on Monday, citing thawing…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as spiking bond yields pushed stocks into sell-off mode, and what’s on the radar for the next session. Apple OpenAI is buying Jony Ive’s artificial intelligence devices startup io for $6.4 billion. Ive is the designer behind several of Apple’s biggest products, including the iPhone. He went on to form his own design company. Apple fell 2.3 %on the news,…
CNBC’s Michael Ozanian talks the New York Knicks’ team valuation ahead of the NBA’s Eastern Conference Finals. Source link
U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025.Evelyn Hockstein | ReutersPresident Donald Trump’s top crypto and AI advisor David Sacks said Wednesday that the administration expects the stablecoin legislation moving through the Senate to pass with “significant bipartisan support,” and claimed it could unlock demand for U.S. Treasuries.”We already have over $200 billion in stablecoins — it’s just unregulated,” Sacks told CNBC’s “Closing Bell Overtime.” “If we provide the legal clarity and legal framework for this, I think we could…
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | ReutersNike will resume selling its products directly to Amazon in the U.S. for the first time since 2019, CNBC has confirmed.The sneaker giant stopped selling its goods wholesale on Amazon six years ago as part of a push to distribute more directly to customers and have greater control over the shopping experience. At…
A few attractive tech plays are ripe for the picking according to Eva Ados, chief investment strategist at ERShares. Ados joined CNBC’s ” Power Lunch ” on Wednesday to give her bullish take on a handful of stocks, including Tesla and Robinhood . Tesla Ados remains optimistic on Tesla’s growth story. Tesla shares have surged nearly 47% over the past month amid a comeback in tech stocks and revived enthusiasm for driverless technology and robotics. CEO Elon Musk on Tuesday also promised to lead the company for the next five years as questions swirled around the amount of time he’s…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
