5G hasn’t even arrived yet, but these ETFs based on the new technology are soaring

The Disruptive Technologies ETF is up nearly 21 percent. “These ETFs that are levered to 5G technology are looking to be on the leading edge of the 5G revolution, so the names that are in these indices are going to be the names that bring 5G to us.” The ALPS Disruptive Technologies ETF has a variety of holdings that include the stocks of Zscaler, First Data and iRobot. The Ark Fintech Innovation ETF’s top 10 holdings include Tesla, Nvidia and Twitter. “So [in] every part of the data innovation c


The Disruptive Technologies ETF is up nearly 21 percent. “These ETFs that are levered to 5G technology are looking to be on the leading edge of the 5G revolution, so the names that are in these indices are going to be the names that bring 5G to us.” The ALPS Disruptive Technologies ETF has a variety of holdings that include the stocks of Zscaler, First Data and iRobot. The Ark Fintech Innovation ETF’s top 10 holdings include Tesla, Nvidia and Twitter. “So [in] every part of the data innovation c
5G hasn’t even arrived yet, but these ETFs based on the new technology are soaring Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-17  Authors: lizzy gurdus
Keywords: news, cnbc, companies, going, names, 5g, disruptive, technologies, technology, data, based, soaring, etf, real, innovation, etfs, arrived


5G hasn't even arrived yet, but these ETFs based on the new technology are soaring

The next hot ETF trend for 2019 is going to be 5G. Here’s why 2:57 PM ET Mon, 11 March 2019 | 04:58

The prospect of 5G is already paying off.

Three exchange-traded funds pegged to the rise of fifth-generation connectivity, the next phase of wireless communications often referred to as 5G, are outpacing the S&P 500 so far in 2019.

While the S&P 500 has gained over 12 percent this year, the Pacer Benchmark Data & Infrastructure Real Estate ETF, the ALPS Disruptive Technologies ETF and the Ark Fintech Innovation ETF have all managed to top its run. The Disruptive Technologies ETF is up nearly 21 percent.

And even though the 5G rollout is still very much in its early innings, some market-watchers expect even more upside for these funds.

“A lot of the disruptive opportunity will come as a result of 5G taking shape globally,” Chris Hempstead, head of ETF Sales at Deutsche Bank, told CNBC’s “ETF Edge.” “These ETFs that are levered to 5G technology are looking to be on the leading edge of the 5G revolution, so the names that are in these indices are going to be the names that bring 5G to us.”

In the case of the Data & Infrastructure Real Estate ETF — a tangential way to invest in the data boom that 5G adoption could generate — those names include data center operators like Equinix and real estate investment trusts involved in wireless communications like American Tower. That ETF made a fresh 52-week high on Friday.

The ALPS Disruptive Technologies ETF has a variety of holdings that include the stocks of Zscaler, First Data and iRobot. The Ark Fintech Innovation ETF’s top 10 holdings include Tesla, Nvidia and Twitter.

“I think the next iteration from that will be ETFs that start to isolate the companies that are going to benefit the most from 5G technology coming to market,” Hempstead said.

Hardeep Walia, the founder and CEO of Motif — a company that just partnered with Goldman Sachs to build its signature thematic ETFs for the big bank — agreed, telling CNBC that his company’s Goldman Sachs Motif Data-Driven World ETF already includes some 5G-related holdings.

“It’s going to affect internet of things. It’s going to generate massive amount of data. You’re going to need more AI. You’re going to need more attempts to keep it secure,” Walia said. “So [in] every part of the data innovation cycle, 5G [is] a good driver.”


Company: cnbc, Activity: cnbc, Date: 2019-03-17  Authors: lizzy gurdus
Keywords: news, cnbc, companies, going, names, 5g, disruptive, technologies, technology, data, based, soaring, etf, real, innovation, etfs, arrived


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Reports of a possible halt in US-North Korea talks send defense stocks soaring

Defense-related stocks listed in South Korea and Japan surged by more than 20 percent on Friday following reports that North Korea may suspend nuclear talks with the U.S.At the same time, shares of South Korean firms with exposure to North Korea plunged. The two-day summit was cut short on the final day after both side failed to agree on denuclearizing North Korea and lifting economic sanctions on Pyongyang. After Choe’s comments were reported on Friday, shares of several Asia-listed defense com


Defense-related stocks listed in South Korea and Japan surged by more than 20 percent on Friday following reports that North Korea may suspend nuclear talks with the U.S.At the same time, shares of South Korean firms with exposure to North Korea plunged. The two-day summit was cut short on the final day after both side failed to agree on denuclearizing North Korea and lifting economic sanctions on Pyongyang. After Choe’s comments were reported on Friday, shares of several Asia-listed defense com
Reports of a possible halt in US-North Korea talks send defense stocks soaring Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: yen nee lee, saul loeb, afp, getty images
Keywords: news, cnbc, companies, korea, reports, defense, usnorth, soaring, korean, stocks, hyundai, south, hanil, halt, send, talks, shares, japan, possible, north


Reports of a possible halt in US-North Korea talks send defense stocks soaring

Defense-related stocks listed in South Korea and Japan surged by more than 20 percent on Friday following reports that North Korea may suspend nuclear talks with the U.S.

At the same time, shares of South Korean firms with exposure to North Korea plunged.

North Korean Vice Foreign Minister Choe Son Hui said at a news conference that her country has “no intention to yield” to demands made by the U.S. She added that North Korean leader Kim Jong Un could rethink a moratorium on missile launches and that he will make an official announcement soon on his position regarding talks with the U.S.

Kim met U.S. President Donald Trump last month in the Vietnamese capital of Hanoi. The two-day summit was cut short on the final day after both side failed to agree on denuclearizing North Korea and lifting economic sanctions on Pyongyang.

After Choe’s comments were reported on Friday, shares of several Asia-listed defense companies jumped.

In South Korea, shares of Victek and Hanil Forging Industrial had risen 24.07 percent and 20.62 percent, respectively, by Friday’s close. Over in Japan, Ishikawa Seisakusho ended the session 25.64 percent higher.

Meanwhile, South Korean stocks exposed to North Korea plunged after the news: Hanil Hyundai Cement ended Friday 8.77 percent lower, and Hyundai Elevator declined by 6.9 percent.

In broader markets, South Korea’s Kospi closed 0.95 percent higher and Japan’s Nikkei 225 index rose 0.77 percent. In the currencies space, the Korean won weakened against the U.S. dollar by around 0.1 percent, while the Japanese yen — typically seen as a safe haven — traded flat against the greenback.

— Reuters contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: yen nee lee, saul loeb, afp, getty images
Keywords: news, cnbc, companies, korea, reports, defense, usnorth, soaring, korean, stocks, hyundai, south, hanil, halt, send, talks, shares, japan, possible, north


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Cristiano Ronaldo’s goal-scoring heroics sends Juventus shares soaring 17 percent

“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals. It last won Europe’s premier club soccer competition in 1996. That cash is added to the 9.5 million euros the Italian club received for reaching the last 16. The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. He turned 34 years old in February,


“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals. It last won Europe’s premier club soccer competition in 1996. That cash is added to the 9.5 million euros the Italian club received for reaching the last 16. The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. He turned 34 years old in February,
Cristiano Ronaldo’s goal-scoring heroics sends Juventus shares soaring 17 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: adam reed, marco rosi, getty images sport, getty images
Keywords: news, cnbc, companies, soccer, cristiano, sends, heroics, euros, champions, madrid, million, italian, shares, club, goalscoring, 17, soaring, league, juventus, ronaldos


Cristiano Ronaldo's goal-scoring heroics sends Juventus shares soaring 17 percent

“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals.

He may have been referring to his goals on the soccer field, but the knock-on effect will no doubt please the owners of his current employers Juventus.

Following the result, the club’s share price rose sharply Wednesday, opening 20 percent higher and was still up by 17 percent at 2:30 p.m. London time.

Ronaldo’s impact in Tuesday night’s win — a stunning hat-trick against Atletico Madrid — earned the Italian champions about 10.5 million euros ($11.8 million) in additional payments for making the last eight of the Champions League. It last won Europe’s premier club soccer competition in 1996.

That cash is added to the 9.5 million euros the Italian club received for reaching the last 16.

Juventus are controlled by Exor, the investment holding of Italy’s Agnelli family, which owns nearly 64 percent of the soccer team.

The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. In the 24 hours following the deal being announced, Juventus had sold over half a million replica shirts with Ronaldo’s name and number seven.

He turned 34 years old in February, but has just over three years to run on his current Juventus contract, which pays him 30 million euros a year.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: adam reed, marco rosi, getty images sport, getty images
Keywords: news, cnbc, companies, soccer, cristiano, sends, heroics, euros, champions, madrid, million, italian, shares, club, goalscoring, 17, soaring, league, juventus, ronaldos


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Roku shares are soaring on earnings beat and strong streaming growth

Shares of Roku jumped 22 percent Friday after the company reported fourth quarter 2018 earnings Thursday afternoon that beat analyst estimates. Roku’s strong quarter comes as even more streaming services are expected to light up over the next year. AT&T, Disney, Apple and NBCUniversal are all scheduled to launch new streaming services in 2019 or early 2020. Cord cutters continue to flock to Roku, based on growth in Roku’s active accounts and streaming hours. They were pleased with Roku’s active


Shares of Roku jumped 22 percent Friday after the company reported fourth quarter 2018 earnings Thursday afternoon that beat analyst estimates. Roku’s strong quarter comes as even more streaming services are expected to light up over the next year. AT&T, Disney, Apple and NBCUniversal are all scheduled to launch new streaming services in 2019 or early 2020. Cord cutters continue to flock to Roku, based on growth in Roku’s active accounts and streaming hours. They were pleased with Roku’s active
Roku shares are soaring on earnings beat and strong streaming growth Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: lauren feiner, source
Keywords: news, cnbc, companies, active, earnings, beat, rokus, streaming, revenue, shares, strong, 2019, services, growth, million, company, soaring, roku


Roku shares are soaring on earnings beat and strong streaming growth

Shares of Roku jumped 22 percent Friday after the company reported fourth quarter 2018 earnings Thursday afternoon that beat analyst estimates.

Roku reported earnings of $0.05 per share compared to $0.03 expected by analysts, according to Refinitiv. The company also surpassed revenue estimates of $262 million, per Refinitiv, reporting $276 million in revenue for the quarter.

Roku’s strong quarter comes as even more streaming services are expected to light up over the next year. AT&T, Disney, Apple and NBCUniversal are all scheduled to launch new streaming services in 2019 or early 2020. As the maker of the most popular TV streaming platform on the market, Roku is poised to gain a boost as those services light up.

Cord cutters continue to flock to Roku, based on growth in Roku’s active accounts and streaming hours. Roku reported active account growth of more than 40 percent year-over year, reaching 27.1 million users, and a 69 percent year-over-year jump in streaming hours, now up to 7.3 billion.

Roku anticipated revenue for the upcoming quarter and full year 2019 that was in line with analyst estimates. The company expects Q1 revenue to fall between $185 million to $190 million compared to $188 million expected, per Refinitiv. It guided between $1 billion and $1.025 billion for the year, compared to analyst estimates of $985 million, per Refinitiv.

Maintaining a positive rating on Roku and updating its price target from $59 to $63, KeyBanc Capital Markets predicted 2019 could still be even better than anticipated for the stock.

“This could ultimately prove conservative if monetization of Roku ad inventory continues to scale and/or active accounts continue to accelerate,” KeyBanc analysts wrote of Roku’s guidance in a note Thursday night.

In a note Friday morning, Davidson analysts reiterated a buy rating and raised its price target from $49 to $60. They were pleased with Roku’s active account growth and increased streaming hours and felt Roku was justified in its spending plans for 2019. Roku announced several areas of investment for 2019 in its shareholder letter, including advertising, the Roku Channel, Roku TV and international expansion.

“We believe Roku’s heavy investment spend is warranted due to the highly competitive and growing OTT market and large opportunity that the company has to gain market share through active account growth,” Davidson wrote.

Disclosure: NBCUniversal , which is owned by Comcast, is the parent company of CNBC and CNBC.com.

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Watch: First Solar revenues miss, Roku beats earnings


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: lauren feiner, source
Keywords: news, cnbc, companies, active, earnings, beat, rokus, streaming, revenue, shares, strong, 2019, services, growth, million, company, soaring, roku


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Roku shares are soaring on earnings beat and strong streaming growth

Shares of Roku jumped 22 percent Friday after the company reported fourth quarter 2018 earnings Thursday afternoon that beat analyst estimates. Roku’s strong quarter comes as even more streaming services are expected to light up over the next year. AT&T, Disney, Apple and NBCUniversal are all scheduled to launch new streaming services in 2019 or early 2020. Cord cutters continue to flock to Roku, based on growth in Roku’s active accounts and streaming hours. They were pleased with Roku’s active


Shares of Roku jumped 22 percent Friday after the company reported fourth quarter 2018 earnings Thursday afternoon that beat analyst estimates. Roku’s strong quarter comes as even more streaming services are expected to light up over the next year. AT&T, Disney, Apple and NBCUniversal are all scheduled to launch new streaming services in 2019 or early 2020. Cord cutters continue to flock to Roku, based on growth in Roku’s active accounts and streaming hours. They were pleased with Roku’s active
Roku shares are soaring on earnings beat and strong streaming growth Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: lauren feiner, source
Keywords: news, cnbc, companies, active, earnings, beat, rokus, streaming, revenue, shares, strong, 2019, services, growth, million, company, soaring, roku


Roku shares are soaring on earnings beat and strong streaming growth

Shares of Roku jumped 22 percent Friday after the company reported fourth quarter 2018 earnings Thursday afternoon that beat analyst estimates.

Roku reported earnings of $0.05 per share compared to $0.03 expected by analysts, according to Refinitiv. The company also surpassed revenue estimates of $262 million, per Refinitiv, reporting $276 million in revenue for the quarter.

Roku’s strong quarter comes as even more streaming services are expected to light up over the next year. AT&T, Disney, Apple and NBCUniversal are all scheduled to launch new streaming services in 2019 or early 2020. As the maker of the most popular TV streaming platform on the market, Roku is poised to gain a boost as those services light up.

Cord cutters continue to flock to Roku, based on growth in Roku’s active accounts and streaming hours. Roku reported active account growth of more than 40 percent year-over year, reaching 27.1 million users, and a 69 percent year-over-year jump in streaming hours, now up to 7.3 billion.

Roku anticipated revenue for the upcoming quarter and full year 2019 that was in line with analyst estimates. The company expects Q1 revenue to fall between $185 million to $190 million compared to $188 million expected, per Refinitiv. It guided between $1 billion and $1.025 billion for the year, compared to analyst estimates of $985 million, per Refinitiv.

Maintaining a positive rating on Roku and updating its price target from $59 to $63, KeyBanc Capital Markets predicted 2019 could still be even better than anticipated for the stock.

“This could ultimately prove conservative if monetization of Roku ad inventory continues to scale and/or active accounts continue to accelerate,” KeyBanc analysts wrote of Roku’s guidance in a note Thursday night.

In a note Friday morning, Davidson analysts reiterated a buy rating and raised its price target from $49 to $60. They were pleased with Roku’s active account growth and increased streaming hours and felt Roku was justified in its spending plans for 2019. Roku announced several areas of investment for 2019 in its shareholder letter, including advertising, the Roku Channel, Roku TV and international expansion.

“We believe Roku’s heavy investment spend is warranted due to the highly competitive and growing OTT market and large opportunity that the company has to gain market share through active account growth,” Davidson wrote.

Disclosure: NBCUniversal , which is owned by Comcast, is the parent company of CNBC and CNBC.com.

Subscribe to CNBC on YouTube.

Watch: First Solar revenues miss, Roku beats earnings


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: lauren feiner, source
Keywords: news, cnbc, companies, active, earnings, beat, rokus, streaming, revenue, shares, strong, 2019, services, growth, million, company, soaring, roku


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Boeing, Goldman and three other Dow stocks are soaring. Here’s how to play them

Just five of the stocks of the Dow 30 have carried it back within reach of record highs. Boeing, IBM, United Technologies, Goldman Sachs and Home Depot have rallied double digits to start the year, contributing around 50 percent of the year’s gains to the price-weighted index. Boeing and UTX are the top and third-best performers on the Dow for the year, adding 30 percent and 19 percent, respectively. While Maley expects UTX and Boeing to pull lower, he sees a bigger breakout in fellow Dow stock


Just five of the stocks of the Dow 30 have carried it back within reach of record highs. Boeing, IBM, United Technologies, Goldman Sachs and Home Depot have rallied double digits to start the year, contributing around 50 percent of the year’s gains to the price-weighted index. Boeing and UTX are the top and third-best performers on the Dow for the year, adding 30 percent and 19 percent, respectively. While Maley expects UTX and Boeing to pull lower, he sees a bigger breakout in fellow Dow stock
Boeing, Goldman and three other Dow stocks are soaring. Here’s how to play them Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: keris lahiff, simon dawson, bloomberg, getty images, daniel hernanz ramos, moment, justin sullivan, tasos katopodis, source, apex legends
Keywords: news, cnbc, companies, ibm, break, stable, overbought, stocks, boeing, heres, gibbs, utx, maley, pattern, dow, play, soaring, goldman


Boeing, Goldman and three other Dow stocks are soaring. Here's how to play them

Just five of the stocks of the Dow 30 have carried it back within reach of record highs.

Boeing, IBM, United Technologies, Goldman Sachs and Home Depot have rallied double digits to start the year, contributing around 50 percent of the year’s gains to the price-weighted index.

Two of those could be set for a pullback, says Matt Maley, equity strategist at Miller Tabak.

“Two of our favorites are Boeing and United Technologies. However, they’d had such big runs here and they’ve become very, very overbought on a near-term basis,” Maley said Thursday on CNBC’s “Trading Nation.”

Boeing and UTX are the top and third-best performers on the Dow for the year, adding 30 percent and 19 percent, respectively. Boeing has rocketed 43 percent off its December lows, while UTX has bounced 26 percent.

“You want them to pull back a little bit, it’d actually be healthy for them if they did that and would allow them to kind of work off those conditions and move higher later on, so I would say I wouldn’t want to chase those names,” said Maley.

While Maley expects UTX and Boeing to pull lower, he sees a bigger breakout in fellow Dow stock Walmart.

“It was overbought, but it’s now working off that situation,” said Maley. “It’s formed a symmetrical triangle pattern and it’s at the upper end of that pattern, so now that it’s working off this short-term overbought position, if it can rally within the next week or so and break above that formation, that’s going to be very bullish for the stock.”

The symmetrical triangle pattern generally typifies a consolidation period before a break higher or lower. The move closer to the top end of that pattern suggests it could break out of that consolidation.

Erin Gibbs, portfolio manager at S&P Global, has a different pick for MVP of the Dow.

“If you’re going for the Dow, you’re looking at very large-cap, blue-chip, stable so we really see IBM as just one of those companies that even at these prices, we’re still looking at potential appreciation,” Gibbs said. “It has above average earnings growth expected versus its industry, so still nice, stable consistent, over the next three or four years.”

Analysts anticipate earnings growth of nearly 1 percent for 2019 and 2 percent for 2020, according to FactSet estimates, up from flat in 2018.

“It’s just one of those nice defensive stocks,” added Gibbs. “We just see IBM delivering those strong stable returns for you.”

Disclosure: S&P Global holds IBM.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: keris lahiff, simon dawson, bloomberg, getty images, daniel hernanz ramos, moment, justin sullivan, tasos katopodis, source, apex legends
Keywords: news, cnbc, companies, ibm, break, stable, overbought, stocks, boeing, heres, gibbs, utx, maley, pattern, dow, play, soaring, goldman


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Regional banks are soaring. Here are two names you can still buy

Regional banks are on the rise. Shares of the KRE regional bank has gained more than 16 percent this year, outperforming the S&P 500 and broader financials. For investors looking to play individual names in the regional banks, Tepper suggests Keybanc for a move to the upside. It’s trading at a significant peg discount to other regional banks,” he said. Gordon notes that while regional banks have had a stronger performance relative to the broader financials group, they still remain below the long


Regional banks are on the rise. Shares of the KRE regional bank has gained more than 16 percent this year, outperforming the S&P 500 and broader financials. For investors looking to play individual names in the regional banks, Tepper suggests Keybanc for a move to the upside. It’s trading at a significant peg discount to other regional banks,” he said. Gordon notes that while regional banks have had a stronger performance relative to the broader financials group, they still remain below the long
Regional banks are soaring. Here are two names you can still buy Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: nia warfield, george frey, bloomberg, getty images, adam jeffery, drew angerer, brendan mcdermid, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, regional, billion, tepper, banks, names, moving, broader, buy, financials, way, zions, bank, soaring


Regional banks are soaring. Here are two names you can still buy

Regional banks are on the rise.

Shares of the KRE regional bank has gained more than 16 percent this year, outperforming the S&P 500 and broader financials.

The regional banks ETF jumped on Thursday after SunTrust and BB&T announced a $66 billion merger – the largest bank deal since the Great Recession.

Mark Tepper, founder of Strategic Wealth Partners, notes that while a flattening yield curve and historically low interest rates are a headwind for financials, the beginning of bank regulation rollbacks could spark even more M&A activity in the space.

“The new regulation breaks banks down into five different categories according to their asset levels, and the regional banks of assets between $100 billion and $250 billion have less strict regulations than the bigger banks with let’s say over $700 billion,” Tepper said Thursday on CNBC’s “Trading Nation.”

Tepper added that before the merger announcement, the market value of both BB&T and SunTrust was already nearing the big bank threshold and together they now have access to “greater scale, great cost efficiency [and] better geographical reach.”

For investors looking to play individual names in the regional banks, Tepper suggests Keybanc for a move to the upside.

“For all of its issues [Keybanc is] way too cheap. It’s trading at a significant peg discount to other regional banks,” he said. “They’ve also done really well with regards to improving their credit quality, which is really important at this stage of the economic cycle. So we would like Key here.”

On a technical basis Todd Gordon, founder of TradingAnalysis.com, recommends Utah-based Zions Bancorp for a way to play the rally. Shares of Zions are up more than 21 percent this year, and while Gordon likes the stock, he illustrated that there is overhead resistance.

“There’s some resistance right about [the 200-day moving average], and if we can break through this hold into the 50 to 52 mark, we could be moving up into Zion.

Gordon notes that while regional banks have had a stronger performance relative to the broader financials group, they still remain below the longer-term trend.

“Stronger sectors have broken above this 200-day moving average or tested it, so we still have some underperformance,” he said. “There’s a lot of wood to chop if these financials are going to get out of their own way and start to join the broader rally.”


Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: nia warfield, george frey, bloomberg, getty images, adam jeffery, drew angerer, brendan mcdermid, kcna, thomas barwick getty images, source
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GE shares are soaring on earnings. Jim Cramer and two other experts weigh in on what’s next

General Electric surged Thursday for its best day since March 2009 after the company’s earnings beat Wall Street’s expectations. • When it comes to that cash flow, CNBC’s Jim Cramer has some questions. Despite questioning GE’s cash flow and doubting that it will try to raise money by issuing more shares, Cramer thinks Culp’s approach is on the right track. “I think the healthcare decision is a wise one, I think that Culp is really on target here, but I don’t have a catalyst. I do think that this


General Electric surged Thursday for its best day since March 2009 after the company’s earnings beat Wall Street’s expectations. • When it comes to that cash flow, CNBC’s Jim Cramer has some questions. Despite questioning GE’s cash flow and doubting that it will try to raise money by issuing more shares, Cramer thinks Culp’s approach is on the right track. “I think the healthcare decision is a wise one, I think that Culp is really on target here, but I don’t have a catalyst. I do think that this
GE shares are soaring on earnings. Jim Cramer and two other experts weigh in on what’s next Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-31  Authors: tyler bailey, natalie zhang, aly song, david paul morris, bloomberg, getty images, sebastien bozon, afp, lucas jackson, oliiva michael
Keywords: news, cnbc, companies, whats, shares, business, think, soaring, experts, money, ge, flow, cash, culp, needs, seen, jim, earnings, cramer, weigh


GE shares are soaring on earnings. Jim Cramer and two other experts weigh in on what's next

General Electric surged Thursday for its best day since March 2009 after the company’s earnings beat Wall Street’s expectations. The long-embattled stock was up as much as 18 percent at the highs of the session, cracking the $10 mark for the first time since November.

Here’s what three experts have to say about the GE turnaround:

• Harbor Advisory CIO Jack De Gan said GE needs to convince investors that the bottom is in and the future is stable: “I think what Larry Culp needs to do is give investors some confidence that we’re at or near the bottom in the power business, and that he’s got a strategy to carry the business through what could be a modest secular decline, but getting the margins that he needs to bring back some earnings and some cash flow.”

• When it comes to that cash flow, CNBC’s Jim Cramer has some questions. “I think that you’re going to conclude that they need money. And where’s the money going to come from?” asked Cramer. Despite questioning GE’s cash flow and doubting that it will try to raise money by issuing more shares, Cramer thinks Culp’s approach is on the right track. “I think the healthcare decision is a wise one, I think that Culp is really on target here, but I don’t have a catalyst. I wonder if they’re using JPMorgan for some of this business.”

• Steve Grasso, director of institutional sales at Stuart Frankel and a CNBC “Fast Money” trader, believes that the tide is turning for GE and substantive improvements are on the horizon as a result of a change in philosophy brought about by CEO Larry Culp. “He’s been given the benefit of the doubt,” said Grasso of Culp, “and we haven’t really seen that ‘kitchen sink’ approach that we’ve seen so many times before. I do think that this is the first step of, hopefully, many more positive steps for GE. You can’t imagine it getting worse than it was a handful of months ago.”

GE is up nearly 40 percent so far this year.


Company: cnbc, Activity: cnbc, Date: 2019-01-31  Authors: tyler bailey, natalie zhang, aly song, david paul morris, bloomberg, getty images, sebastien bozon, afp, lucas jackson, oliiva michael
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Netflix is raising prices and the stock is soaring

Netflix is raising its prices again, and the news is sending the company’s stock up more than 6 percent Tuesday. On Monday, Comcast-owned NBCUniversal announced it would launch a new streaming service in 2020. Disney is also set to launch its Disney+ service later this year. It’s the fourth time Netflix has raised prices since its streaming service launched. It counts more than 78 million subscribers outside the U.S.WATCH: How Netflix stock has made long-term investors rich


Netflix is raising its prices again, and the news is sending the company’s stock up more than 6 percent Tuesday. On Monday, Comcast-owned NBCUniversal announced it would launch a new streaming service in 2020. Disney is also set to launch its Disney+ service later this year. It’s the fourth time Netflix has raised prices since its streaming service launched. It counts more than 78 million subscribers outside the U.S.WATCH: How Netflix stock has made long-term investors rich
Netflix is raising prices and the stock is soaring Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: sara salinas
Keywords: news, cnbc, companies, soaring, cost, netflix, stock, streaming, prices, subscribers, service, disney, raising, plan, subscriber, sending


Netflix is raising prices and the stock is soaring

Netflix is raising its prices again, and the news is sending the company’s stock up more than 6 percent Tuesday.

Netflix’s cheapest basic plan will cost $9, up from $8; its most popular HD standard plan will cost $13, up from $11; and its 4K premium plan will cost $16, up from $14.

The rate hikes constitute a jump of between 13 and 18 percent — the company’s biggest increase since launching its streaming service 12 years ago — and will take effect immediately for new customers. Existing subscribers will see the price increase on their bills over the next three months.

Customers in Latin American, the Caribbean and some other countries will also see the higher rates. Major international markets like Mexico and Brazil won’t be affected.

The extra cash will help to pay for Netflix’s huge investment in original shows and films, and finance the heavy debt it’s taken on to ward off streaming threats from Amazon, Disney and Apple. Streaming incumbents like Netflix, HBO and Hulu have faced increasing pressure from new entrants, driving overall investment in the space to new highs.

On Monday, Comcast-owned NBCUniversal announced it would launch a new streaming service in 2020. NBC’s service will be free and supported by advertising if you already have a pay-TV account. It’ll cost approximately $12 per month if you want to remove ads or sign up if you don’t have a pay-TV service. Disney is also set to launch its Disney+ service later this year.

It’s the fourth time Netflix has raised prices since its streaming service launched. The company last raised rates in October 2017, sending shares up 3 percent that day. Previous rate hikes have had little effect on subscriber growth, and have traditionally buoyed the stock.

Last quarter, the company reported domestic subscriber growth of 10.7 percent year over year, totaling 58 million U.S. subscribers. It counts more than 78 million subscribers outside the U.S.

WATCH: How Netflix stock has made long-term investors rich


Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: sara salinas
Keywords: news, cnbc, companies, soaring, cost, netflix, stock, streaming, prices, subscribers, service, disney, raising, plan, subscriber, sending


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Job prospects are soaring in New York City, thanks to Amazon HQ2 and Google’s expansion plans

The job market in the Big Apple appears hotter than ever. According to a survey by Tech:NYC and Accenture, 80 percent of companies in New York City said they planned to hire more tech talent in 2018 than the year before. The trend is spurring demand for tech talent as well as for other support services, such as advertising, fintech, accounting, compliance and more. Headhunters say that although direct impact has yet to be seen, the expansion plans bode well for New York City’s job market. The hi


The job market in the Big Apple appears hotter than ever. According to a survey by Tech:NYC and Accenture, 80 percent of companies in New York City said they planned to hire more tech talent in 2018 than the year before. The trend is spurring demand for tech talent as well as for other support services, such as advertising, fintech, accounting, compliance and more. Headhunters say that although direct impact has yet to be seen, the expansion plans bode well for New York City’s job market. The hi
Job prospects are soaring in New York City, thanks to Amazon HQ2 and Google’s expansion plans Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-10  Authors: ellen sheng, eduardo munoz, robert bumsted, spencer platt, getty images
Keywords: news, cnbc, companies, market, hq2, soaring, thanks, job, city, talent, companies, plans, york, expansion, tech, labor, unemployment, googles, prospects


Job prospects are soaring in New York City, thanks to Amazon HQ2 and Google's expansion plans

The job market in the Big Apple appears hotter than ever. With unemployment at record lows, the battle for talent is raging as tech giants, including Amazon and Google, lay plans to open new or expanded operations in Manhattan and Long Island City.

Projects include the new $5 billion Amazon headquarters in Long Island City, Google’s new $1 billion 1.7-million-sq-ft campus in Hudson Square and a new office complex at Chelsea Market. According to a survey by Tech:NYC and Accenture, 80 percent of companies in New York City said they planned to hire more tech talent in 2018 than the year before.

The trend is spurring demand for tech talent as well as for other support services, such as advertising, fintech, accounting, compliance and more. Headhunters say that although direct impact has yet to be seen, the expansion plans bode well for New York City’s job market.

“Even though New York is one of the most expensive markets in the country, it offers huge advantages for companies,” said Jed Kolko, chief economist at online jobs site Indeed.com.

“It is the largest labor market in the country, and it’s a fairly diversified market,” he said, noting that New York City also offers a fairly broad mix of both employers and workers in many industries and occupations. For many companies, that makes it worthwhile to pay the high real estate and labor costs to be in New York.

The hiring spree will make an already tight job market even tighter. Last month the New York Department of Labor said seasonally adjusted unemployment fell to 3.9 percent in November. That’s the lowest level since the department started keeping records in 1976. Not only that, but New York State’s private-sector job count rose to an all-time high of 9.75 million.


Company: cnbc, Activity: cnbc, Date: 2019-01-10  Authors: ellen sheng, eduardo munoz, robert bumsted, spencer platt, getty images
Keywords: news, cnbc, companies, market, hq2, soaring, thanks, job, city, talent, companies, plans, york, expansion, tech, labor, unemployment, googles, prospects


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