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    Bob Pisani’s book “Shut Up & Keep Talking” CNBC (Below is an excerpt from Bob Pisani’s new book “Shut Up & Keep Talking: Lessons on Life and Investing from the Floor of the New York Stock Exchange.”) In 1997, just as I was becoming on-air stocks editor for CNBC, I had a telephone conversation with Jack ...
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    U.S. biotech stocks have been on the up recently. The S & P Biotechnology Select Industry Index is up more than 6% in the past week. The Nasdaq Biotechnology Index , meanwhile, is up almost 4% over the same period and 8.5% over the past month. “Biotech looks to be strengthening materially in recent days, ...
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    About 10 days ahead of Black Friday — one of the most anticipated shopping days for merchandisers — big-box retailer Walmart reported better-than-expected revenue and earnings. And good news for consumers: The company plans to set prices for Thanksgiving staples at the same level as 2021. For the fiscal third quarter, Walmart generated more than ...
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    With many stocks in a bear market, equities could be undervalued by 15%, according to Morningstar’s chief U.S. strategist. Dave Sekera told CNBC last week that markets are overestimating the impact of inflation on the U.S. economy, leaving many stocks below their fair value. “We actually think the U.S. market is pretty undervalued here, trading ...
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    Earnings calls — and specifically the questions asked by analysts on the calls — are a better predictor of a stock’s performance than management’s remarks, research by investment bank Nomura revealed. Its analysis of call transcripts using artificial intelligence showed that analysts’ sentiment matters more than management’s “positive spin” when it comes to stock price ...
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    Ron Baron, founder of Baron Capital Anjali Sundaram | CNBC I began my career as a securities analyst in 1970. It was a tumultuous time. The Vietnam War, Watergate, the resignation of President Richard Nixon, the Iranian hostage crisis, a recession, inflation, interest rates in the double-digits, gas prices that had tripled. The only crisis ...
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    European stocks climbed on Friday as markets rounded out a big week for central bank policy decisions and corporate earnings. The pan-European Stoxx 600 index was up 1.4% by late morning, with basic resources jumping 5.1% to lead gains as almost all sectors and major bourses traded in positive territory. The European blue chip index ...
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    Sentiment on Wall Street has gotten so bad that strategists have finally started to throw in the towel, and that could trigger a reliable buy signal from Bank of America. The Bank of America Merrill Lynch Sell Side Indicator, based on a survey of Wall Street strategists’ asset allocation recommendations, has reached its lowest level ...
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    Asia-pacific Images Studio | E+ | Getty Images After nearly a year of stock market volatility, high inflation and rising interest rates, a growing chorus of experts are warning investors about a recession. Goldman Sachs CEO David Solomon recently told investors there’s a “good chance” the U.S. economy is heading for a recession, and JPMorgan ...
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    European markets closed higher on Tuesday as investors assessed the outlook for monetary policy from the U.S. Federal Reserve and digested a swathe of corporate earnings. The pan-European Stoxx 600 provisionally ended the day up 1.4% following the release of major tech earnings stateside. The majority of sectors ended in positive territory, led by tech ...