CNBC Magnificent 7 Index
‘We really like the U.S.,’ Julius Baer portfolio manager says. Here’s where she sees opportunity
At a time when investors are mixed on the U.S. market, one portfolio manager remains optimistic and sees reasons to stay invested. “We really like the U.S.,” Aneka Beneby, portfolio manager at Julius Baer International, told CNBC Pro last month. “Now that the [U.S.] election result is clear and behind us, we can reasonably assume […]
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This is the biggest AI winner two years after ChatGPT’s debut — and it’s not Nvidia
In the two years since the launch of ChatGPT, stocks have soared to new highs, megacaps have ballooned in size and AI chipmaker Nvidia has become the second-largest stock in the U.S. by market value. But the biggest winner has in fact been a little-known Ohio-based cooling technology stock named Vertiv Holdings. Vertiv has benefited […]
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‘Small caps are going to become more in favor in 2025:’ VettaFi’s research head doubles down on winning group
ETF Edge ‘Small caps are going to become more in favor in 2025:’ VettaFi’s research head doubles down on winning group Published Sat, Nov 30 202411:00 AM EST Krysta Escobar WATCH LIVE Source
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Here are value investor David Einhorn’s latest moves: Gold, Peloton and agriculture
David Einhorn’s Greenlight Capital this week revealed a fresh stake in agriculture equipment maker CNH Industrial , and increased its bets on Peloton Interactive and gold in the third quarter. The hedge fund, which Einhorn founded in 1996, disclosed in its latest regulatory filing that it took a roughly $79 million stake in CNH during […]
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BlackRock launches ETF that expands beyond the ‘Magnificent Seven’
ETF Edge BlackRock launches ETF that expands beyond the ‘Magnificent Seven’ Published Thu, Oct 31 20247:00 PM EDTUpdated 54 Min Ago Krysta Escobar WATCH LIVE Source
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Why this ‘Magnificent 7’ stock is still a buy even though it’s behind on AI
Amazon may be lagging behind its peers on the artificial intelligence front, but the name is still investor Ray Wang’s favorite among the ” Magnificent Seven ” cohort of megacap tech titans. As a catalyst, the principal analyst and founder of Constellation Research pointed to Amazon’s advertising revenue, which he said is still growing at […]
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KKM Financial’s Essential 40 stock fund is now an ETF
The Nasdaq MarketSite in New York, US, on Monday, Sept. 16, 2024. Yuki Iwamura | Bloomberg | Getty Images KKM Financial has converted its Essential 40 mutual fund into an ETF, joining the growing shift by asset managers to a more tax-efficient fund model. ETFs make it easier for investors and financial advisors with taxable […]
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Meet the Latin American e-commerce platform that’s outperforming Amazon this year
One of the world’s largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond the Magnificent Seven. MercadoLibre, an Argentinian e-commerce and payments platform that’s incorporated in Delaware and actively traded on Nasdaq, is up 34% in 2024, compared to a roughly 27% rise for Amazon, […]
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Want to make good investments? Avoid these 3 common mistakes, Morningstar portfolio manager says
Making good investments is key for those looking to accumulate wealth, but it’s not always easy —especially given the ongoing macroeconomic uncertainty and fears of a looming recession . From following fads with blind faith to trying to forecast market moves, Nicolo Bragazza, an associate portfolio manager at Morningstar Investment Management, names three investing mistakes […]
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‘Diversification is your free lunch’ as market dynamics shift, CEO of world’s largest index provider says
Diversification into smaller stocks is a “free lunch” for long-term investors as market trends shift, according to the head of the world’s largest index provider. After a period of concentration into the “Magnificent Seven” mega-cap tech stocks — comparable to the dotcom bubble of the 1990s — traders are diversifying their strategies with small caps […]
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