AMD, Alphabet And An Oil Fund Feature On CNBC's 'Final Trades'
Portfolio Pulse from Priya Nigam
On CNBC's 'Halftime Report Final Trades,' experts discussed the potential growth of Alphabet's digital advertising business, momentum in the United States Oil Fund, and a stake in Advanced Micro Devices. U.S. crude oil inventories recorded the biggest weekly rise in 12 weeks.
May 18, 2023 | 12:46 pm
News sentiment analysis
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POSITIVE IMPACT
Advanced Micro Devices gains attention as Third Point takes a stake and Bernstein reports PC shipments normalizing at pre-COVID levels.
The combination of Third Point's investment in AMD and the normalization of PC shipments at pre-COVID levels suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Alphabet's digital advertising business is expected to pick up, with recent stakes disclosed by Third Point and Pershing Square.
The positive outlook on Alphabet's digital advertising business, combined with recent investments by Third Point and Pershing Square, indicate a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
United States Oil Fund, LP is seeing momentum as U.S. crude oil inventories increased by 5.04 million barrels, the biggest weekly rise in 12 weeks.
The significant increase in U.S. crude oil inventories suggests a positive short-term impact on the United States Oil Fund, LP, as it indicates a strong demand for oil.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100