Dan Niles

Dan Niles, prominent hedge fund manager and Satori Fund founder disclosed his top stock picks for 2024. His choices are Nvidia Corp (NASDAQ:NVDA), Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), and Amazon.com Inc (NASDAQ:AMZN). What Happened: Niles believes that the earnings...

Satori Fund founder and portfolio manager Dan Niles is out with his top stock picks for 2024 and two Magnificent 7 names are at the top of the list. What To Know: The Satori Fund's top picks for this year are a mixture of offensive and defensive names, as the firm believes the S...

Satori Fund founder and portfolio manager Dan Niles is long two mega-cap tech stocks into earnings and short another two.  What To Know: Tuesday on CNBC's "Squawk Box," Niles said he expects the upcoming earnings season to be "tricky" for the so-called magnificent...

Apple, Inc. (NASDAQ:AAPL) has scheduled its “Wonderlust” iPhone 15 launch event for Sept. 12, and typically the stock rallies in the run-up to the event. This time around, things could be different, according to Daniel Niles, founder and portfolio manager at Satori Fund. What Happened:...

The market is perched on the edge of a potential 10% correction, and the big tech buying bonanza is on its last legs. So says renowned hedge fund manager Dan Niles, who unpacked his perspective during a CNBC interview on Friday. Imminent Correction? No stranger to calling market turns, Niles,...

E-commerce giant Amazon, Inc. (NASDAQ:AMZN) is scheduled to report its second-quarter results Thursday after the market close. What Happened: Ahead of the results, Dan Niles, founder and portfolio manager at Satori Fund said he is long on Amazon again. Immediately after Microsoft Corp.'s (NASDAQ:...

Satori Fund founder and portfolio manager Dan Niles shorted several banks ahead of the collapse. Now he's looking to squeeze profits out of a pair of tech names. What To Know: Among several other names, Satori was short SVB Financial Group (NASDAQ: SIVB) before a bank...

Dan Niles, founder and portfolio manager of Satori Fund, tweeted Thursday that he trimmed Satori Fund’s position in Meta Platforms Inc (NASDAQ: META), citing a poor risk-reward outlook in the near term. Niles' decision came as Meta's shares saw a strong year-to-date performance,...

Satori Fund founder and portfolio manager Dan Niles sees an ugly week ahead for big tech and has positioned accordingly by shorting Microsoft Corporation (NASDAQ: MSFT). He's not the only one who thinks the risk/reward in Microsoft stock is skewed to the downside ahead of...

Snap Inc's (NYSE: SNAP) disappointing results are a bad sign for ad spending in the internet space and one fund manager is positioning accordingly ahead of big tech earnings this week.  "Right now, we have more shorts than we do have longs in the portfolio, and we think...

Apple Inc (NASDAQ: AAPL) is up about 14% year-to-date, but the stock may be overvalued, according to Satori Fund founder and portfolio manager Dan Niles. "If you look at it in terms of how much they're growing relative to the multiple, it just doesn't make any sense,"...

As stimulus checks continue to fuel the market rally, Satori Fund founder and portfolio manager Dan Niles has increased his short positions. Apple Inc (NASDAQ: AAPL) was one of Niles' biggest long positions, but it's now his largest short position. What To Know: In the month...

The recent frenzy surrounding stocks like AMC Entertainment Holdings inc (NYSE: AMC) and GameStop Corp (NYSE: GME) is positive if it gets people interested in investing, Satori Fund founder and portfolio manager Dan Niles said Friday on CNBC's "TechCheck." When it comes to...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Facebook Inc (NASDAQ: FB) are reopening plays, Satori Fund founder and portfolio manager Dan Niles said Thursday on CNBC's "Squawk Box." Both companies grew revenue last year while advertising was down, Niles said, adding that...

As the reopening continues, advertising is going to accelerate, founder and portfolio manager of the Satori Fund Dan Niles said Monday on CNBC's "Closing Bell." Niles likes the reopening plays including energy and financials, but he said Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and...