‘Strong growth’ for EV battery stocks: Nomura names top picks

'Strong growth' for EV battery stocks: Nomura names top picks

Japanese investment bank Nomura has named the battery stocks it thinks are set to pop on rising electric vehicle adoption. The bank estimates that global EV penetration will reach 27.2% in 2030, up from 11.8% in 2022, driven by the “irreversible trend” for carbon neutrality. In a note from Jun. 22, Nomura’s analysts, led by … Read more

The S&P 500’s bounce is set to face its first hurdle to prove it’s more than a snapback

The S&P 500's bounce is set to face its first hurdle to prove it's more than a snapback

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. Investors have moved on from the “too hot” porridge of runaway inflation worries and are now sampling the “too cold” bowl of rising slowdown/recession concerns. For now, the markets are navigating the shift reasonably well, … Read more

4 things I learned about Meta from my chat Mark Zuckerberg

4 things I learned about Meta from my chat Mark Zuckerberg

In any interview of a CEO, you always learn something that’s investable. I wanted to give you my four immediate impressions of what I saw tonight from Meta CEO Mark Zuckerberg. 1. We got a new, positive read on Reels. Zuckerberg told us the short-form video product is ahead of plan and that a surprising … Read more

Forget big cap stocks. Bank of America’s top small-and-mid cap stocks

Forget big cap stocks.  Bank of America's top small-and-mid cap stocks

From multi-week losing streaks to bear market rallies, it’s been a roller coaster ride for markets this year as investors weigh the risks of a more aggressive monetary policy and a growing chorus of recession warnings. Major US indexes saw big bounces in Tuesday trading, reversing last week’s declines, but remained deep in the red … Read more

Mark Zuckerberg envisions 1 billion people in the metaverse

Mark Zuckerberg envisions 1 billion people in the metaverse

Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social-network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, digital … Read more

Financials that did well in the 1994 Fed rate hike cycle

Financials that did well in the 1994 Fed rate hike cycle

The Federal Reserve raised its benchmark interest rate by three-quarters of a percentage point last week and signaled that a similar hike could be on the cards in July — the boldest statement yet of its intent to combat soaring inflation. The hike was the Fed’s largest since 1994 and sent the benchmark funds rate … Read more

Tech stock picks for the electric vehicle boom: UBS on EV-related stocks

Tech stock picks for the electric vehicle boom: UBS on EV-related stocks

UBS has named its top technology stock picks to ride the electric vehicle revolution. “As EV penetration grows and autonomous driving emerges, we see exponential growth within tech supply chains,” UBS’ analysts, led by Grace Chen, said on June 17. They expect 2026 to be an “inflection point” for electric vehicles, when the global EV … Read more

Stocks with strong balance sheets and attractive returns

Stocks with strong balance sheets and attractive returns

European companies have never been richer, according to Morgan Stanley, and are ready to splash the cash — including distributing part of it to shareholders. The Wall Street bank has named a raft of stocks that have strong balance sheets and resilient cash flows and are set to return excess cash to shareholders through buybacks … Read more

Retirement funds are getting beat up in 2022. How investors can cope

Retirement funds are getting beat up in 2022. How investors can cope

Near-retirees who turned to target-date funds to build their nest eggs may want to rethink their retirement planning as stocks and bonds face sharp declines. The S&P 500, off by about 23% in 2022, is in bear market territory. Bonds are also taking their lumps, with the 10-year Treasury yield rising as high as 3.48% … Read more

These fortress balance sheet stocks can weather a recession, Morgan Stanley says

These fortress balance sheet stocks can weather a recession, Morgan Stanley says

Recession fears compounded last week, following actions from the Federal Reserve and other central banks to tame inflation, along with the release of downbeat US economic data. Those concerned pushed the S & P 500 into bear market territory, closing Friday’s session down 23.7% from its January record. The Dow Jones Industrial Average closed out … Read more