Jim Chanos debuts new short bets against data centers, sending shares down

Short-seller Jim Chanos found his new target to bet against: data centers. The founder of Kynikos Associates told The Financial Times in an interview Tuesday that brick-and-mortar data centers are his “big short” right now, as these companies face competition from Big Tech who used to be their customers. Big data center operators Digital Realty … Read more

This first half ranks among the market’s worst on record. Here’s what typically happens next

The first half of this year ranks among the worst on record for stocks, with the S&P 500 losing more than a fifth of its value. But, the selling could ease a bit in the second half, if history of similar terrible starts is any guide. Mounting fears of a recession caused by the Federal … Read more

How pros are playing the market bounce

Market Movers rounds up the best trades from investors and analysts on CNBC throughout the day. As the market rebounded Monday from its worst week in two years, pros said they are betting on Big Tech coming back. Even so, many also said they are keeping plenty of energy names in their portfolios. Some of … Read more

These are the most oversold stocks in the S&P 500 due for a bounce

Certain stocks have become so oversold during this brutal bear market that they are long overdue to bounce. With stocks on Tuesday snapping back a bit after weeks of big losses, CNBC Pro set to find the stocks most overdue for a rebound. We looked for the shares trading the farthest from their average price … Read more

Some big investors called the Fed-led market mayhem. Here’s where they are hiding out

Some of Wall Street’s biggest investors saw it coming. It’s turning into a week of vindication for a handful of notable investors, from Stanley Druckenmiller to David Einhorn and Paul Tudor Jones, who have long been warning about the Federal Reserve’s inability to engineer a soft landing. The S&P 500 tumbled in the bear market … Read more

AutoZone and Gilead are among stocks that historically outperform during bear markets

The US stock market is officially in a bear market, with the S&P 500 earlier this week closing more than 20% below a record high. For investors looking to protect their portfolios in this tough environment, there are some stocks that have done well in previous bear markets. To find these names, CNBC Pro looked … Read more

Wall Street earnings estimates are too high given recession expectations, Deutsche Bank says

Earnings estimates could be the “next shoe to drop” as the likelihood of a recession this year grows, according to Deutsche Bank. Equity strategists at the investment firm said that earnings estimates for mega-cap growth and tech stocks are still elevated given the worsening economic outlook. On Wednesday, traders awaited the conclusion of a two-day … Read more

These ETFs allow the regular investor to play offense during a bear market like a hedge fund

In rocky times for stocks, sometimes the best way to protect a portfolio is to bet against the market. This is how many high-profile hedge fund managers have made their names over the years – betting against the market, or certain sectors, at key times – giving their investors returns that help offset losses elsewhere … Read more

Pros say there’s safety in these names

Market Movers rounds up the best trades from investors and analysts on CNBC throughout the day. The pros are betting on names such as Shell and Google to withstand the tumultuous market swings and outperform after the S&P 500 officially enters a bear market. Other investments mentioned on Monday include Amazon and Coinbase. Market Movers … Read more

Recession could hit this year so buy defensive dividend stocks, Wolfe Research says

It’s time for investors to snap up defensive dividend stocks as a recession could hit later this year, according to Wolfe Research. Wolfe analysts said in a note Monday that believe a recession could turn up as early as the fourth quarter, though they maintained that their base case is for a downturn in 2023. … Read more