Latest news with #JimBianco
Bloomberg
5 days ago
- Business
- Bloomberg
Single Best Idea: Bianco & Ladner
Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio. In this episode, we feature conversations with Jim Bianco & Scott Ladner. Watch Tom and Paul LIVE every day on YouTube:
Yahoo
6 days ago
- Business
- Yahoo
Mag 7 & AI: Playing for 'big gains' can also mean 'big losses'
The tech-heavy Nasdaq Composite (^IXIC) is on track to hit another fresh record high with "Magnificent Seven" names like Alphabet (GOOG, GOOGL) and Microsoft (MSFT) contributing to gains. Bianco Research president Jim Bianco, Yahoo Finance Senior Reporter Brooke DiPalma, and Yahoo Finance Senior Reporter Ines Ferré join Opening Bid with Yahoo Finance Executive Editor Brian Sozzi to discuss how to invest in the Mag 7 and other artificial intelligence (AI) plays like Palantir (PLTR), (AI), and CoreWeave (CRWV). To watch more expert insights and analysis on the latest market action, check out more Opening Bid. You can't just come out here and uh talk about a potential stock crash for the for the sake of doing. There has to be a trigger point. And I think you brought up a good point earlier in the show that maybe we do get the 10-year yield going to 5%. Is that the trigger that would uh I guess just send big tech back into profit taking mode? I mean, it could. You know, it definitely could because if you look at the flows, the one thing that people forget is that there's massive flows into bond funds and there's massive interest in yield right now because there is a yield. Because and if we were to get more yield into bond funds and the like, you could see money moving that way and that could definitely give in to digestion. And keep in mind, if you take the top Meg 7 or the top 20 tech stocks out of the S&P, it's hardly doing anything. The Russell is still down on the year and the midcap, which is still unchanged on the year because they don't have very much of this big AI tech in it. So if you were to get higher rates, it could really be a drag on the stock market even further. Jim, I imagine you get a lot of questions from your clients and folks that use your research on the Meg 7. What are you telling them to do with some of these names today? That's a good question because I think it's a it's a it's a risk. It's definitely it's a risk. I think you need to understand that if you want to play some of these Meg 7s, you want to play them for big gains, you also have to be prepared for big losses. So you need to adjust your risk. I think the problem I see with a lot of people is they think it's all a one-way street. That you know, they look at all the the rallies in some of these stocks and I'm thinking Palatine here right now and they think that it's just, well, that's the way it's going to be and it's just a money money printing machine. Well, it is until it isn't. And that's the biggest risk you have to take with them. Yeah, uh you can go look no further than C3 AI. I mean, the stock crashed yesterday and is and I think it was a real wake-up call to folks that not all AI stocks are created equally, even if you have AI in your corporate name. Exactly. And we have had uh Wall Street analysts talk about that that you really want to stay within the ones that are um doing well, that have strong earnings. And of course, everyone names those uh big uh Meg 7 stocks and and the uh big players within um within AI. But uh so not all of them are created equally. But look, um you've had BFA uh BFA's Hartnett talk about uh the risk of a bubble and signs of a bubble. And I mean, you've had investors and retail investors coming in uh and and buying aggressively and there's been a lot of dip buying. Um so the investors have been increasingly going further and further out into risk and you've we've seen we saw recently just a couple weeks ago this sort of meme craze again. So there when you get this when you when you get to these levels and you're near record high levels, you expect a pullback at some point. We just don't know what the catalyst is going to be and sometimes it happens like that. Something happens and then you see a pullback. Brook, real quick, um you know, Corrive stock hasn't gone anywhere since June. Yeah, well, certainly what we've seen though is a bit of a move in these, you know, summer months as these companies reported. We do know that over the past month alone, as we got more data out from these key AI players that Corrive has moved in line. But now we're seeing Corrive under a bit of pressure as maybe this hype around how the company is playing into the AI revolution is not all that it's banked up to be after such a premium, such a run since its IPO, we are seeing it under pressure this morning. But certainly, what I, you know, also want to say is that before before, uh you know, Corrive sort of has played such a role in this picture, we did see during that sell-off in April, so many investors move away from these Meg 7 as this fear really roiled the markets. And now we've seen investors, as these earnings like NES said, have really come to fruition, have really surprised investors. We see retail investors looking to get back in. And so it'll be it remains to be seen really how Corrive does play into this picture, but we know that over the past month, the results from these big AI players have led to results for Corrive.
Yahoo
7 days ago
- Business
- Yahoo
CoreWeave earnings: 4 things Wall Street wants from the print
CoreWeave (CRWV) reports second quarter results after Tuesday's closing bell. Yahoo Finance Executive Editor Brian Sozzi outlines what investors need to see in the earnings print to send the stock higher, Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferré take a closer look at recent price action, and Bianco Research president Jim Bianco discusses the artificial intelligence (AI) space and initial public offering (IPO) market. To watch more expert insights and analysis on the latest market action, check out more Opening Bid. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
CoreWeave earnings: 4 things Wall Street wants from the print
CoreWeave (CRWV) reports second quarter results after Tuesday's closing bell. Yahoo Finance Executive Editor Brian Sozzi outlines what investors need to see in the earnings print to send the stock higher, Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferré take a closer look at recent price action, and Bianco Research president Jim Bianco discusses the artificial intelligence (AI) space and initial public offering (IPO) market. To watch more expert insights and analysis on the latest market action, check out more Opening Bid. Let's turn now to our Stock of the Day. Today, it's all about CoreWeave. Momo AI trade CoreWeave will report earnings after the close today. Stock has increased almost four times from its late March IPO price. Here's why I think the street is looking for CoreWeave. If it could hit these marks, the stock could renew its upper bias that has been on delay since early June. One, revenue has to beat estimates by a double digit percentage. Key CoreWeave customer Microsoft had a huge quarter on the AI use front, so CoreWeave should have theoretically benefited. Two, backlog needs to have increased compared to the first quarter. Three, earnings need to thump estimates. I've heard some concerns on how CoreWeave's earnings come in or could come in given robust investments in CAPEX. And four, management temps down concerns on how how much stock could be sold by insiders later this week. CoreWeave has an expiring IPO lockup that frees up 83% of Class A shares beginning the morning of August 15th, points out city. If a lot of CoreWeave stock is dumped, it could weigh on the market price in the near term. CoreWeave's valuation leaves no margin for error. Stock trades at big time premiums to the broader market. Still with me, my round table, Jim Bianco, Bianco Research president, and Yahoo finance senior reporters Brooke DePalma and Ines Ferre. Brooke, I want to go over to you because you've been examining how CoreWeave essentially ties in with Microsoft. Yeah, absolutely. What we do know is that Microsoft is one of CoreWeave's biggest companies. And if you take a look, not only is Microsoft one of their biggest companies, but we also know that IBM, meta, those are additional companies that CoreWeave works with in order to supply their servers for these big AI semiconductors. And so, it's important to note too that NVIDIA also is a partner with CoreWeave. We know that CoreWeave rents out computer servers equipped by NVIDIA, and NVIDIA also has a stake within the company. And so, it's been interesting to watch this stock movement over the past month. Right now, what we've seen is CoreWeave see about an 8% jump as these companies have reported their earnings and reported that their cloud businesses have outperformed expectations. NVIDIA is about a 10% jump over the last month. But as you said, this stock is up more than 240% since the IPO, and so definitely trading at a premium here. But what we do know is that based on its S1 filings, these are key players in the game right now when it comes to the AI revolution, and so CoreWeave is certainly benefiting from having a part in that. And as I always get a little nervous ahead of an earnings report where so many things appear to be going right. Sentiment on the AI trade is good. Microsoft performed well. Google crushed it. Uh, the stage theoretically is set for CoreWeave, but I did call out some concern how their earnings may come out because of investments they're making. Yeah, that's right. So, that's one of the concerns that the street has, and also that lockup period that you just mentioned, that could cause some volatility. But you do have Wall Street analysts, some of them saying, look, uh, the stock can absorb this. So, even if you do see selling after that lockup period expires this week, then you you would see the stock sort of absorbing this. As you mentioned, it has had quite a run, and it really underscores what the market has been leaning towards. The fact that you have AI that it's looking forward to. So, what Wall Street has been talking about throughout this entire time when we've seen these tariffs being rolled out and this uncertainty over what's happening at the Fed, they are expecting a cut, and they're expecting AI to move this market forward. Uh, Jim, real quick over to you. Um, you know, this has been another CoreWeave, really one of the hottest IPOs of this year. You have Figma, Firefly last week. What do you attribute some of these early gains for these IPOs? You know, I wrote over the weekend in our Morning Brief newsletter, I I think it reflects more mature companies coming to market, but I'd love your take. Yeah, I think it also reflects the the hope and maybe the hype of AI and that AI, count me in on, you know, those that think it's going to be bigger than the internet itself was in the late '90s or early 2000s once it achieves its potential. But the big thing you've got to keep in mind with company like CoreWeave or NVIDIA or the rest of them is they're all customers of each other because we're still at the picks and shovels play. We're still at the let's make AI play. We're not at the what is Ford doing with AI to change its bottom line, or what is Proctor and Gamble doing with AI to change its bottom line, or what am I doing with AI to change their bottom line. We're using a little bit of it like a lot the rest of them, but it's not changing our bottom line. So, it reminds me of that old Bill Gates line that technology over the next three years will underwhelm what you think it's going to do and over the next 10 years it's going to overwhelm what you think it's going to do. And if it underwhelms with these valuations in this hype, we might be seeing a little bit of disappointment somewhere down the road. Jim, I wonder how Fed chair Bill Polty would use AI. No, I'm just kidding. I'm just kidding. I'm just kidding, Jim. You know, just keeping the the mood light on this Tuesday morning. All right, let's fire up our question of the day, friends. He'd use it to cut rates to 1%. Yeah, no, fair enough. See, I knew you would tie all this together, Jim. I appreciate you, man.
Bloomberg
18-07-2025
- Business
- Bloomberg
Major Averages Lower on The Day
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Bianco Research's Jim Bianco, Morgan Stanley's Betsy Graseck, Huntington, Bancshares' Steve Steinour, Man Groups's Kristina Hooper, Leuthold Group's Doug Ramsey, Coinbase's Faryar Shirzad, Rogo's Gabe Stengel, Deepwater Asset Management's Gene Munster, Dear Media's Michael Bosstick, One Fitness's Mark Mullet. (Source: Bloomberg)
