Investment strategy
Oil rises 2% on US–Iran tensions, improved demand
Oil held steady on Wednesday as U.S.–Iran talks continued, with lingering geopolitical uncertainty helping to underpin prices. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices gained about 2% on Wednesday, buoyed by potential supply risks should tensions between the U.S. and Iran escalate, while draws of crude from key stockpiles suggested […]
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January’s jobs report, Ford earnings, Epstein fallout and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning, and happy jobs Wednesday. We may have had to wait five extra days for January’s nonfarm payrolls report, but at least we’ve had the Winter Olympics to pass the time. Norway currently leads with six gold medals, while the U.S. […]
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Crypto’s ‘age of speculation’ may be over, says Galaxy CEO Mike Novogratz
Key Points Bitcoin is down more than 21% so far this year, and nearly 50% from its peak in October. Galaxy CEO Mike Novogratz said crypto’s “age of speculation,” where investors expected outsized returns, may be ending as more risk-adverse players enter the sector. “It’s going to be real world assets with much lower returns,” […]
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Vatican Bank makes first foray into equity indexes, setting stage for potential ETF launches
Key Points The Vatican Bank launched on Tuesday two equity indexes tracking stocks that it said are consistent with Catholic ethical principles. Its Eurozone fund includes semiconductor supplier ASML Holding and telecommunications company Deutsche Telekom, while the US-based index holds Meta and Amazon, among other stocks. The debut sets up the possibility of licensing […]
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Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses
ETF Edge Bitcoin plunge: Bitwise CIO cites ‘the four-year cycle’ as No. 1 reason for losses Published Tue, Feb 10 20262:58 PM ESTUpdated 6 Min Ago Blair Bao WATCH LIVE Source
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We’re taking solid profits in one big tech stock and buying more of another
We’re making two trades Tuesday. We’re selling 100 shares of Cisco Systems at roughly $87 each, decreasing its weighting in Jim Cramer’s Charitable Trust to about 2% from about 2.18%, and decreasing our portfolio share count of CSCO to 900. We’re also buying 30 shares of Alphabet at roughly $318 each, increasing its weighting in […]
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Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’
Key Points If bitcoin continues to fall, Strategy plans to just refinance its debt, claims CEO Michael Saylor. Saylor refuted the idea that Strategy would sell any of its digital asset holdings: “I expect we’ll be buying bitcoin every quarter forever,” he said. Strategy holds 714,644 bitcoins, making it the largest corporate owner of the […]
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Coca-Cola earnings, Google’s AI risks, Target layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Fresh off his feature in Salesforce’s Super Bowl ad, MrBeast is getting into banking. The YouTuber, whose real name is Jimmy Donaldson, said Monday that his company Beast Industries acquired the financial services app Step. Stock futures are little changed […]
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Morgan Stanley says buy 2 beaten-down software stocks. We agree on one of them
The selloff in enterprise software stocks that crushed the market for most of last week was abating for the second straight session on Monday for some of the more established names. Is it time to buy? Morgan Stanley thinks so — advising clients in a Sunday note of “attractive entry points” in Microsoft and Salesforce […]
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Morgan Stanley says these two stocks will more than double as they pivot from bitcoin to data centers
Bitcoin may be in the dumps, but two stocks linked to the flagship cryptocurrency could soon see their shares more than double, according to Morgan Stanley. In a Sunday note to clients, the investment firm initiated coverage of bitcoin miners Cipher Mining and TeraWulf , giving the stocks “overweight” ratings. Its analysts put a $38 […]
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