Uber, Bitcoin And More On CNBC's 'Final Trades'
Portfolio Pulse from Lisa Levin
On CNBC's 'Halftime Report Final Trades', Liz Young of BNY Mellon Investment Management recommended Consumer Staples Select Sector SPDR Fund (XLP), Joseph Terranova of Virtus Investment Partners picked Uber Technologies (UBER), Anastasia Amoroso is buying shares of Invesco QQQ Trust (QQQ), and Stephen Weiss of Short Hills Capital Partners named Bitcoin (BTC) as his final trade. Uber is set to report its Q3 financial results on Nov. 7, 2023. Invesco QQQ Trust and Uber shares rose, while XLP fell.
October 24, 2023 | 12:01 pm
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NEGATIVE IMPACT
Liz Young of BNY Mellon Investment Management recommended XLP, but the fund fell 0.2% on Monday.
Despite the recommendation from a reputable source, the fund's price fell, indicating a potential negative short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Stephen Weiss of Short Hills Capital Partners named Bitcoin as his final trade. Bitcoin's price surge was also mentioned.
The recommendation from a reputable source and the mention of a price surge suggest a positive short-term impact on Bitcoin.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Anastasia Amoroso is buying shares of Invesco QQQ Trust, which gained 0.3% on Monday.
The recommendation from a reputable source and the slight rise in QQQ's price suggest a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Joseph Terranova of Virtus Investment Partners picked Uber, which rose 0.2% to close at $43.04 on Monday. Uber is set to report its Q3 financial results on Nov. 7, 2023.
The recommendation from a reputable source and the slight rise in Uber's stock price suggest a positive short-term impact. The upcoming earnings report could also influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90