Four ETFs in Europe and North America have beaten the S & P 500 over the past five years, according to a screen by CNBC Pro. The U.S. benchmark rose by 23.3% in 2024 and 24.2% the previous year, making it particularly challenging for funds to outperform. It’s only the third time the S & P 500 has logged back-to-back gains of that size in the past century, according to Deutsche Bank. .SPX line 2024-01-01 CNBC Pro screened over 10,600 ETFs listed in Europe and North America that beat the S & P 500 every year between 2020 and 2024,…
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Meta is ending its fact-checking programMeta will stop using third-party fact-checkers on Facebook, Threads and Instagram, a policy once instituted to curtail the spread of misinformation across the tech company’s social media platforms. Meta will instead rely on users to add notes to posts that may be false or misleading.The reversal is a stark sign of how Meta is repositioning itself for the Trump presidency. The company recently gave a heads-up to Trump officials about the change, according to a person with knowledge of the conversations. Mark Zuckerberg, the chief executive of Meta, also said on Monday that it had…
The ‘Fast Money’ traders the 10-year Treasury yield hitting an 8-month high. Source link
Goldman Sachs is bullish on one of Italy’s cable manufacturing giants: Prysmian . The company is set to benefit from strong secular demand trends and superior earnings visibility, the investment bank said in a Jan. 2 research note. Prysmian makes underground and submarine cables and systems for power transmission and distribution. Prysmian is among the latest additions to Goldman’s “Conviction List – Directors’ Cut,” which it says offers a “curated and active” list of 15-25 buy-rated stocks in Europe. The stocks are selected by a subcommittee in each region which collaborates “with each sector analyst to identify top ideas that…
The aviation industry is bracing for another year of turbulence, as delivery delays at Boeing and supply chain problems are set to continue into 2025, say aviation consultants.Sunday marked one year since a door panel blew off a Boeing 737 Max 9 operated by Alaska Airlines, an event that reignited a firestorm of questions about Boeing’s quality and safety standards. Since then, the company has instituted a series of changes, including mandatory workforce training and increased inspections, according to a company statement published Friday. Boeing also said it improved its “Speak Up” system to encourage employees to report workplace concerns.…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKatie Stockton, Fairlead Strategies founder, joins ‘Fast Money’ to talk the technical analysis of the market and if it’s time to rotate out of tech into other sectors. Source link
New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California. Justin Sullivan | Getty ImagesThe National Highway Traffic Safety Administration said on Tuesday it has opened a probe into 2.6 million Tesla vehicles in the United States over reports of crashes involving a feature that allows users to move their cars remotely.The new investigation comes after the U.S. auto safety agency in October opened an investigation into 2.4 million Tesla vehicles equipped with Full Self-Driving (FSD) software after four reported collisions, including a fatal 2023 crash.NHTSA said it is opening a preliminary evaluation into…
President-elect Donald J. Trump’s suggestion on Tuesday that the United States might reclaim the Panama Canal — including by force — unsettled Panamanians, who used to live with the presence of the U.S. military in the canal zone and were invaded by American military forces once before.Few appeared to be taking Mr. Trump’s threats very seriously, but Panama’s foreign minister, Javier Martínez-Acha, made his country’s position clear at a news conference hours after the American president-elect mused aloud about retaking the canal, which the United States built but turned over to Panama in the late 1990s.“The sovereignty of our canal…
Gene Munster, Deepwater Asset Mgmt. managing partner, joins ‘Fast Money’ to talk Meta changing moderation policies. Source link
Investors eyeing up firms with the potential to become the “blue chip companies of the future” should look to India, according to GIB Asset Management’s Kunal Desai.The portfolio manager said India’s geopolitical positioning is “favorable in this Trump 2.0 era” as investors assess the country’s ability to take advantage of a possible trade war between China and the U.S.President-elect Donald Trump has pledged to impose big tariffs on goods from China when he takes office. Tariffs on goods imported from China into the U.S. will likely benefit India, analysts say, as companies shift manufacturing to the South Asian nation to…
