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☆ Fed's favorite inflation gauge looms next week — plus, what we want from 2 portfolio earnings reports
  + stars: | 2024-02-24 | by ( Zev Fima | ) www.cnbc.com   time to read: +10 min
Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.
Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman
☆ Indian shares set for subdued start on U.S. rate hike fears
  + stars: | 2023-02-27 | by ( Bharath Rajeswaran | ) www.reuters.com   time to read: +2 min
The data heightened fears among investors that the Fed might have to keep rates higher for longer to tackle inflation. Indian equities logged their worst week in over eight months on Friday amid fears of aggressive interest rate hikes by global central banks and a fall in liquidity. STOCKS TO WATCH** Power Grid (PGRD.NS): Co accords multiple investment approvals worth 8.04 bln rupees. ** IRB Infrastructure (IRBI.NS): Co gets Letter of Award from National Highways Authority of India for projects worth 21.32 bln rupees. ** Phoenix Mills (PHOE.NS): Co's unit completes acquisition of a prime land parcel in Kolkata for 4.13 bln rupees.
☆ ChatGPT used by mental health tech app in AI experiment with users
  + stars: | 2023-01-14 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com   time to read: +11 min
But for a few thousand people, the mental health support they received wasn’t entirely human. About 4,000 people got responses from Koko at least partly written by AI, Koko co-founder Robert Morris said. Academics, journalists and fellow technologists accused him of acting unethically and tricking people into becoming test subjects without their knowledge or consent when they were in the vulnerable spot of needing mental health support. “There are millions of people online who are struggling for help.”There’s a nationwide shortage of professionals trained to provide mental health support, even as symptoms of anxiety and depression have surged during the coronavirus pandemic. In June, the World Health Organization included informed consent in one of its six “guiding principles” for AI design and use.
☆ Online mental health company uses ChatGPT to help respond to users in experiment — raising ethical concerns around healthcare and AI technology
  + stars: | 2023-01-07 | by ( Bethany Biron | ) www.businessinsider.com   time to read: +6 min
A digital mental health company is drawing ire for using GPT-3 technology without informing users. Koko co-founder Robert Morris told Insider the experiment is "exempt" from informed consent law due to the nature of the test. "The participants should have given informed consent and this should have passed through an IRB [institutional review board]." A women seeks mental health support on her phone. Beatriz Vera/EyeEm/Getty ImagesChatGPT and the mental health gray areaStill, the experiment is raising questions about ethics and the gray areas surrounding the use of AI chatbots in healthcare overall, after already prompting unrest in academia.
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