Investors looking to play defense may want to consider buying certain dividend stocks, according to Trivariate Research founder Adam Parker. Markets have been rocked by volatility this year. On Monday, the Dow Jones Industrial Average , S & P 500 and Nasdaq Composite all moved higher , after selling off on Friday amid concerns over Israel’s airstrikes on Iran. While recent interactions with institutional investors signal that many think the S & P will continue to move higher, Parker and his team are also regularly asked about attractive defensive stocks, he said in a June 8 note. With the “old…
Author: usaeverydaylife
In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI.Didem Mente | Anadolu | Getty ImagesThe pace of artificial intelligence innovation is raising the stakes for companies like OpenAI to snatch up top talent, according to new recruiting head Joaquin Quiñonero Candela.”Recruiting has never been more important,” Candela wrote in a LinkedIn post on Monday, announcing his new role. “We’re under unprecedented pressure to grow. If we were a rocket (wait, we’re one), we’d be at MaxQ, maximum dynamic pressure. We’re also in uncharted waters.”Candela, who previously…
Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019.Michael Short | Bloomberg | Getty ImagesGoogle apologized for a major outage that the company said was caused by multiple layers of flawed recent updates.The company released an incident report late on Friday that explained hours of downtime on Thursday. More than 70 Google cloud services stopped working properly across the globe, knocking down or disrupting dozens of third-party services, including Cloudflare, OpenAI and Shopify. Gmail, Google Calendar, Google Drive, Google Meet and other first-party products also malfunctioned.”We deeply apologize for the impact this…
Geopolitical tensions have resulted in a spike in crude oil prices that has market participants on edge. The rally has yet to reverse cyclical downtrends in crude oil prices and energy sector benchmarks, but reversals are made more likely in the coming weeks by a meaningful shift in momentum. The generic WTI crude oil futures chart shows a confirmed a weekly MACD ‘buy’ signal, indicating that intermediate-term momentum has seen a significant upward shift. At the same time, overbought conditions are not yet in place per the weekly stochastic oscillator, suggesting that the rally in WTI crude oil prices may…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin and ether rebound after last week’s pullback. Plus, Tron founder Justin Sun prepares to take his company public in the U.S. through a reverse merger. And, Caroline Pham, commissioner at the CFTC discusses what should be next for the regulator as she prepares to step down from the agency. Source link
AMD CEO Lisa Su unveils the AMD vision for Advancing Al.Courtesy: AMDShares of Advanced Micro Devices rose nearly 10% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker’s latest product announcement.The analysts said they see a snapback for AMD’s graphics processing units, or GPUs, in the fourth quarter. That’s when they expect the chipmaker to be through the bulk of the $800 million in charges that AMD said it would incur as a result of a new U.S. license requirement that applies to exports of semiconductors to China and other…
Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020.Calvin Sit | Bloomberg | Getty ImagesJustin Sun’s crypto company Tron is set to hit the public market through a reverse merger with a manufacturer of custom toys and souvenirs for the world’s biggest theme parks.SRM Entertainment, a Nasdaq-listed merchandise supplier that has licensing deals with Disney, Universal Studios (owned by CNBC parent NBC Universal) and SeaWorld, said on Monday that it will raise $100 million from a private investor to buy TRON tokens, and will issue preferred shares and warrants that value the…
Billionaire Ken Griffin , founder and CEO of Citadel, said playing defense is not the best strategy during times of turmoil and volatility, and it almost always backfires on investors. “In finance, when you’re playing defense, you’re almost certainly losing,” Griffin said to Citadel’s new class of summer interns Thursday evening. “There’s no other way to put it. Every time a portfolio manager tells me ‘I’m going on defense,’ I’m waiting to watch the red because that tends to be what happens next.” Griffin, whose hedge fund oversees $66 billion in assets as of June 1, thinks cash would be…
A United Launch Alliance Atlas V rocket is shown on its launch pad carrying Amazon’s Project Kuiper internet network satellites as the vehicle is prepared for launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 28, 2025. Steve Nesius | ReutersUnited Launch Alliance on Monday was forced to delay the second flight carrying a batch of Amazon’s Project Kuiper internet satellites because of a problem with the rocket booster.With roughly 30 minutes left in the countdown, ULA announced it was scrubbing the launch due to an issue with “an elevated purge temperature” within its Atlas…
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Good morning, the events unfolding in the Middle East over the past week have led to sharp price gains for a few of the names on our Best Stocks list. In recent weeks, we’ve written about Axon Enterprise (AXON) and RTX Corp (RTX) , two aerospace and defense names that were on the verge of major breakouts at the time we wrote them up about a month ago. Well, those breakouts have happened. I’ll update my…
