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☆ Stocks making the biggest moves midday: Walgreens, GameStop, Intel, Robinhood and more
▼ + stars: | 2024-05-13 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

GameStop — Shares in the video game retailer soared more than 65% on Monday after "Roaring Kitty," the man who fueled the 2021 GameStop mania, posted online on Reddit for the first time in roughly three years. Reddit , Robinhood — Shares of the two companies that were involved with the meme stock mania in 2021 rose on Monday as GameStop surged. Reddit rose more than 9%, hitting its highest level since March, while retail brokerage stock Robinhood gained about 6.2%. Intel — The chipmaker gained nearly 4% after The Wall Street Journal reported that it is in talks for an $11 billion deal with Apollo Global Management to build a factory in Ireland. Airlines — American Airlines gained 4.4%, while United Airlines and Delta Air Lines added 2.9% and 1.7%, respectively, after HSBC initiated coverage with buy ratings.

Persons: Incyte, Morgan Stanley, —, Alex Harring, Brian Evans, Hakyung Kim, Jesse Pound Organizations: Walgreens, Alliance, Bloomberg, GameStop, Arm Holdings, Nikkei, Nexstar Media Group, CW, Intel, Street Journal, Apollo Global Management, Technologies, Susquehanna, Airlines — American Airlines, United Airlines, Delta Air Lines, HSBC, Delta Locations: Irving, Texas, Ireland

☆ Pulitzer Prizes: 2024 Winners List
▼ + stars: | 2024-05-06 | by ( The New York Times | ) www.nytimes.com time to read: +1 min

PUBLIC SERVICEProPublicaThe Pulitzer committee honored ProPublica for the work of Joshua Kaplan, Justin Elliott, Brett Murphy, Alex Mierjeski and Kirsten Berg, citing their “groundbreaking and ambitious reporting that pierced the thick wall of secrecy surrounding the Supreme Court.”Finalists KFF Health News and Cox Media Group; The Washington PostBREAKING NEWSStaff of Lookout Santa CruzLookout Santa Cruz won for “its detailed and nimble community-focused coverage, over a holiday weekend, of catastrophic flooding and mudslides that displaced thousands of residents and destroyed more than 1,000 homes and businesses.”Finalists Staff of Honolulu Civil Beat; Staff of The Los Angeles TimesINVESTIGATIVE REPORTINGHannah Dreier of The New York TimesMs. Dreier was honored for “a deeply reported series of stories revealing the stunning reach of migrant child labor across the United States — and the corporate and governmental failures that perpetuate it.”Finalists Staff of Bloomberg; Casey Ross and Robert Herman of Stat

Persons: ProPublica, Joshua Kaplan, Justin Elliott, Brett Murphy, Alex Mierjeski, Kirsten Berg, Hannah Dreier, Dreier, “, Casey Ross, Robert Herman of Stat Organizations: Cox Media Group, Washington, Staff, Santa, ”, Staff of, Staff of Honolulu Civil Beat, The Los Angeles Times, The New York Times, United States —, Bloomberg Locations: Santa Cruz, Staff of Honolulu, United States

☆ I went to Hawaii for the first time. My trip would've been better if I'd known these 5 things before I left.
▼ + stars: | 2024-04-30 | by ( Megan Dubois | ) www.businessinsider.com time to read: +1 min

We didn't really get stuck in much traffic on Oahu. Megan duBoisBefore leaving for Oahu, I'd heard from friends and read on social-media groups that getting around can be difficult. My fears of sitting in traffic for the whole week set in before I even stepped foot off the plane. In reality, my family and I never got stuck in gridlocked traffic over our six days on the island. We also found the drivers to be much more courteous than we're used to back in Florida.

Persons: Megan duBois, I'd, Ko Olina Locations: Oahu, Ko, Pearl, North Shore, Florida

☆ Kanye West appears to confirm 'Yeezy Porn' site and is planning to work with Stormy Daniels' ex-husband, reports say
▼ + stars: | 2024-04-27 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +2 min

Kanye West appears to have confirmed reports that he is launching an adult entertainment studio. The rapper, now known as Ye, shared a now-deleted post about his new venture: "Yeezy Porn." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementYe, formerly known as Kanye West, appears to have confirmed reports that he's set to launch an adult entertainment site. The six-second clip featured a voice directing followers to "go to yeezy.com," while the screen read: "Yeezy Porn Is Cumming," Rolling Stone reported.

Persons: Kanye, Ye, He's, Stormy Daniels, —, Cumming, Mike Moz, I've, it's, Moz Organizations: Service, Vixen Media, TMZ, Business, Adidas Locations: Chicago

☆ E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV
▼ + stars: | 2024-04-23 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Scripps , one of the largest local TV broadcasters in the U.S., has hired a financial advisor to evaluate inbound interest in acquiring Bounce TV, its over-the-air network geared toward African Americans, according to Scripps CEO Adam Symson. Symson declined to comment on the names of the bidders or the potential price for Bounce TV. He added a platform such as Bounce TV could also serve as a landing spot for a catalog of Black creators. Scripps officials began telling Bounce TV employees about the inbound interest on Tuesday, according to a person familiar with the communications. Bounce TV, which debuted in 2011, is a free over-the-air network that broadcasts a combination of syndicated shows, movies and original content.

Persons: Tanika Ray, Alyson Fouse, Kym Whitley, Yvette Nicole Brown, Tisha Campbell, Adam Symson, Symson, Scripps, they're, Johnson, Deji LaRay Organizations: London West Hollywood, Beverly, Scripps, Paramount Global, BET Media Group, CNBC, TV, BET Locations: Beverly Hills, West Hollywood , California, U.S

☆ Parents are feeling lonely. Here’s why it matters
▼ + stars: | 2024-04-23 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +6 min

CNN —Despite working a full-time job in human relations and caring for her 6-year-old son Chase and 3-year-old daughter Millie, Anne Helmes often feels isolated and lonely. In fact, 66% of 1,005 surveyed parents felt the demands of parenthood sometimes or frequently left them feeling isolated and lonely, while nearly 40% felt as if they have no one to support them in their parenting role. “When parents are feeling lonely and isolated, that tells me their adult needs aren’t being met because they’re pouring what they can into their child. By definition, burnout is an overwhelming feeling of exhaustion, Gawlik said. “Burnout is not new for parents, but I think the pandemic took it to a totally different level,” she added.

Persons: Chase, Millie, Anne Helmes, Lindsay Hutchinson “, ’ ”, “, ”, Kate Gawlik, Kacey Cardwell, aren’t, Cardwell, Gawlik, ” Helmes, Justin Paget, Helmes, didn’t Organizations: CNN, Ohio State University Wexner Medical, Ohio State University College of Nursing, American Association for, Digital, Social Locations: Powell , Ohio, Columbus, Atlanta

☆ A data specialist shares the 2-page résumé that got him a $300,000 job at Google — and explains 3 details he got right on it.
▼ + stars: | 2024-04-09 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

The résumé that landed Virmani a job at Google is two pages long — a decision he defends today. Six months after deciding to switch careers, he landed a role as a data and machine learning specialist at Google's Seattle office. Related storiesHere's the résumé he used to apply for his job at Google, which pays more than $300,000 a year. She sent her video résumé, which took her 10 hours to create, to the hiring manager directly, Kobayashi previously told BI. A Google recruiter saw the video and reached out to her, and she eventually landed a role at the tech giant.

Persons: Ankit Virmani, —, Virmani, Ankit, you'll, Gen Zs, West, Mariana Kobayashi, Kobayashi, Axel Springer Organizations: Deloitte, Google, Service, Microsoft, Business Locations: India, Seattle, shubhangigoel@insider.com

☆ Woman who stole and sold Ashley Biden diary sentenced to month in jail and home detention
▼ + stars: | 2024-04-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Ashley Biden speaks alongside her father US President Joe Biden during a Juneteenth concert on the South Lawn of the White House in Washington, DC, US, on Tuesday, June 13, 2023. A Florida woman who stole and then sold a diary and other items belonging to Ashley Biden — the daughter of President Joe Biden — to a right-wing media group weeks before the 2020 election was sentenced Tuesday to one month in federal jail and three months of home detention. Prosecutors had asked that Harris be sentenced to between four to 10 months in jail, as recommended by federal sentencing guidelines. Although Swain gave Harris a lighter sentence than prosecutors wanted, she called Harris' conduct "despicable," according to the AP. Kurlander, who pleaded guilty at the same time as Harris did, currently is scheduled to be sentenced on Oct. 25 by Swain.

Persons: Ashley Biden, Joe Biden, Joe Biden —, Aimee Harris, Harris, Robert Sobelman, Laura Taylor Swain, Ashley Biden's, Biden, Biden's, Sobelman, Prosecutors, Swain, Ashley, Donald Trump, Robert Kurlander, Nicholas Biase, Anthony Cecutti, Kurlander, James O'Keefe, Judge Analisa Torres, Torres Organizations: White, U.S, Associated Press, AP, Palm Beach, Manhattan U.S, Attorney's, CNBC, Project Veritas, FBI, Veritas Locations: Washington , DC, Florida, U.S, Manhattan, Delray , Florida, Delray, , Florida, New York

☆ 5-Hour Energy billionaire Manoj Bhargava sued by the owner of Sports Illustrated for $49 million after a tumultuous takeover
▼ + stars: | 2024-04-01 | by ( Jack Newsham | ) www.businessinsider.com time to read: +5 min

The owner of the Sports Illustrated brand filed a lawsuit Monday against the magazine's old publisher. The Arena Group lost SI, its crown jewel, after 5-Hour Energy owner Manoj Bhargava took control. In a lawsuit, Authentic Brands Group says Bhargava threatened to "go nuclear" and seeks $49 million. "ABG does not comment on pending litigation," a spokesperson for Authentic Brand Groups said. AdvertisementBhargava and Arena Group also declined to comment.

Persons: Manoj Bhargava, Bhargava, —, ABG, Ross Levinsohn, steamroll, Rob Barrett, Ron Wyden, Brooks, Derek Jeter Organizations: Sports Illustrated, Group, Energy, Authentic Brands, Service, Illustrated, Arena Group, Sports, Authentic, Arena, NCAA, Brand Groups, Reebok, Brooks Brothers, Media, Players ' Tribune, SI.com Locations: Michigan, Swiss

☆ DWAC climbs 10% after shareholders approve merger with Trump's media group
▼ + stars: | 2024-03-25 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +1 min

In this photo illustration, Digital World Acquisition Corp (DWAC) logo is seen on a smartphone and Trump Media & Technology Group (TMTG) logo on a pc screen. Shares of Digital World Acquisition Corp. rose about 10% Monday morning after the approval of a merger between the shell company and the social media group owned by former President Donald Trump. DWAC shareholders voted Friday to approve the combination between the special purpose acquisition company, or SPAC, and Trump Media & Technology Group, the owner of the social media platform Truth Social. Shares in the merged company could begin publicly trading this week under the ticker symbol DJT, Trump's initials. Monday's rise comes after the stock fell nearly 14% Friday after DWAC shareholders signed off on the merger.

Persons: Donald Trump, Trump, Donald Trump Jr, Robert Lighthizer Organizations: Trump Media & Technology, DWAC, Trump Media & Technology Group, Trump Locations: Trump

☆ NBCUniversal describes how it's using generative AI to match ads to viewers — and says they can perform up to 49% better
▼ + stars: | 2024-03-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

NBCUniversal is testing gen AI-driven ads, joining Google and Meta in the race to use generative artificial intelligence to sell advertising. Megan Pagliuca, chief activation officer at Omnicom Media Group, said the agency planned to test NBCU's approach with a number of advertising clients. The gen AI ads and other One24 initiatives come as NBCU and other TV sellers are looking for an edge leading up to the upfronts, TV's big annual selling period. It's also introducing shoppable TV ads aimed at sports fans and a new way for advertisers to see the effectiveness of their ads overall. Apple is also experimenting with using AI to sell ads, Business Insider has reported.

Persons: NBCU, it's, John Lee, Lee, Megan Pagliuca, It's, Max, Google Organizations: Google, Business, Omnicom Media, Disney, Meta, Apple Locations: One24

☆ Slovaks Vote in Presidential Election That Might Bolster PM Fico
▼ + stars: | 2024-03-22 | by ( March | At P.M. | ) www.usnews.com time to read: +3 min

(Reuters) - Slovaks vote in a presidential election on Saturday that could strengthen Prime Minister Robert Fico's grip on power as he seeks more control over public media, softer anti-corruption laws and a dissenting voice to EU support for Ukraine. Polls are open in the first round of voting from 7:00 a.m. (0600 GMT) until 10:00 p.m. (2100 GMT). A run-off between the top two candidates is due on April 6 if no one wins a majority this weekend. Pellegrini, a former prime minister and member of Fico's leftist, ruling SMER party and now the head of junior coalition partner HLAS, is hoping to duplicate that success. Caputova won the last presidential election in 2019, riding an anti-corruption wave aimed at Fico's party, which was in power then.

Persons: Robert Fico's, Fico's, Peter Pellegrini, Zuzana Caputova, Fico, Pellegrini, HLAS, Ivan Korcok, Caputova, Korcok, Jason Hovet, Angus MacSwan Organizations: Reuters, Ukraine, EU, Constitutional, RTVS Locations: Ukraine, Moscow, Russian, Kyiv, Prague

☆ Don't watch local TV stations? DirecTV will shave $12 off your monthly bill if you drop them
▼ + stars: | 2024-03-18 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +4 min

Shifting some primetime entertainment to streaming services has made local stations less attractive, DirecTV said. DirecTV recently resolved a dispute with Cox Media Group, which owns several local stations. The satellite television provider on Sunday announced a package allowing customers to "opt out" of local stations. "That trend continues to diminish the quantity and quality of scripted entertainment on these same local stations." In February, DirecTV resolved its dispute with Cox Media Group, a conglomerate that owns several local television stations in markets across the country.

Persons: —, Rob Thun, Cox Organizations: DirecTV, Cox Media Group, Service, Sunday, Consumers, ESPN, Fox, Warner Bros, NBC, ABC, CBS, DIRECTV Locations: Thun

UnitedHealth is testing the last major system it must restore from last month’s Change Healthcare cyberattack, but it has no date yet for finishing the recovery. The health care giant said Monday that it is testing software for submitting medical claims. Photos You Should See View All 60 ImagesEarlier this month, UnitedHealth said that it restored nearly all of Change Healthcare’s system for processing prescriptions. Late last week, the company restored Change Healthcare’s electronic payments platform, which involves billing and payments between care providers and payers like insurers. UnitedHealth said Monday that it is expanding temporary funding to support doctors and other care providers affected by the attack.

Persons: UnitedHealth Organizations: Healthcare, American Hospital Association, Federal, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP

☆ A devastating fried chicken shop explosion in China has killed 7 people and injured 27 others, the authorities say
▼ + stars: | 2024-03-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The intense blast seized national attention in China and drew controversy when frontline staff blocked local reporters. AdvertisementA suspected gas leak explosion in a fried chicken store has killed seven people and injured 27 others in Yanjiao, a town just east of Beijing, state media and authorities said on Thursday morning local time. Another state media reporter, Xu Mengzhe, was seen physically struggling with a group of policemen who surrounded her and two colleagues. She wore a jacket with a logo for China Media Group, a state-owned broadcasting company. "They must not control public opinion, simply and crudely obstructing media reporters from performing their duties," the association said.

Persons: —, VCG, Ng Han Guan, Yang, Xu Mengzhe, Xu, Zhong Ming Organizations: Service, Getty Images, Emergency Management Bureau, Business, Authorities, Firefighters, China Media Group, China Journalists Association Locations: Yanjiao, China, Beijing

NEW YORK (AP) — The nation's top public health agency is expanding a program that tests international travelers for COVID-19 and other infectious diseases. Those locations should provide more information about respiratory infections coming out of South America, Africa and Asia, particularly, CDC officials said. But they are given a COVID-19 home test kit to take with them, CDC officials say. That testing is for COVID-19, but CDC officials are evaluating the possibility of monitoring wastewater for other things, Walker said. The CDC program has a current budget of about $37 million.

Persons: ”, Allison Taylor Walker, Walker, Ginkgo Organizations: Disease Control, CDC, Health, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: COVID, Miami, South America, Africa, Asia, Chicago

☆ Google confirmed it 'terminated' an employee who staged a protest against Israel at a tech event
▼ + stars: | 2024-03-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Google engineer who publicly protested a talk by the head of Google Israel is now out of a job. Google did not immediately return Business a request for comment from Business Insider on Saturday. Google workers have previously voiced their concerns over fears that Israel could use the contract to support its military. Google workers also flooded the company's employee message board with comments about Project Nimbus on Thursday, CNBC reported.

Persons: —, Barak Regev, Regev, Ariel Koren, Sundar Pichai, Axel Springer Organizations: Service, Google, Business, CNBC, Tech, Nimbus, YouTube, Austin City Council Locations: New York City, Israel, Google's, York

WASHINGTON (AP) — When a total solar eclipse transforms day into night, will tortoises start acting romantic? They previously detected other strange animal behaviors in 2017 at a South Carolina zoo that was in the path of total darkness. This year’s full solar eclipse in North America crisscrosses a different route than in 2017 and occurs in a different season, giving researchers and citizen scientists opportunities to observe new habits. After the 2017 eclipse, he analyzed data from tracking devices previously placed on wild species to study habitat use. So do feral horses, “probably taking cover, responding to the possibility of a storm out on the open plains.”The last full U.S. solar eclipse to span coast to coast happened in late summer, in August.

Persons: ”, Adam Hartstone, Siamangs, gibbons, “ It’s, Jennifer Tsuruda, Tsuruda, of Alberta's Olav Rueppell, Nate Bickford, “, Andrew Farnsworth, Raffaela Lesch Organizations: WASHINGTON, Fort Worth Zoo, North Carolina State University, University of Tennessee, of Alberta's, Oregon Institute of Technology, Cornell University, University of Arkansas, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Texas, South Carolina, Columbia , South Carolina, Hartstone, Little Rock , Arkansas, Toledo , Ohio, Indianapolis, North America

Amylyx said Friday it would discuss its plans for Relyvrio with patients and the FDA, which “may include voluntarily withdrawing” the drug. The latest company study showed that the drug did not slow the disease compared with a dummy treatment. Amylyx’s medication is part of a string of drugs for deadly, degenerative diseases that have won FDA approval in recent years despite questionable proof that they work. That commitment seemed to reassure FDA's advisers who voted in favor of the drug's approval, despite the questionable data. In the months before the decision the FDA faced intense pressure from ALS patients, advocates and members of Congress.

Persons: Lou Gehrig’s, Amylyx, ”, “, Relyvrio Organizations: WASHINGTON, Drug Administration, Amylyx Pharmaceuticals, Relyvrio, FDA, Cambridge, Amylyx Pharmaceuticals Inc, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S

Ground cinnamon sold by U.S. discount retailers is contaminated with high levels of lead and should be discarded, federal health officials said Wednesday. Cinnamon products included in the agency's safety alert include the La Fiesta brand sold by La Superior and SuperMercados; Marcum brand sold by Save A Lot stores; MK brands sold by SF Supermarket; Swad brand sold by Patel Brothers; El Chilar brand sold by La Joya Morelense; and Supreme Tradition brand sold by Dollar Tree and Family Dollar stores. Dollar Tree and Family Dollar stores have removed the cinnamon from their store shelves, a company spokesperson said. No illnesses or other health effects have been reported in connection with the new ground cinnamon alert, the FDA said. The FDA monitors foods for lead levels, but the U.S. government doesn’t broadly limit lead in food products.

Persons: Patel, La Joya Morelense Organizations: U.S, U.S . Food, Drug Administration, Fiesta, La Superior, SF, Patel Brothers, La, FDA, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S

WASHINGTON (AP) — Ancient stone tools found in western Ukraine may be the oldest known evidence of early human presence in Europe, according to research published Wednesday in the journal Nature. Archaeologists used new methods to date the layers of sedimentary rock surrounding the tools to more than 1 million years old. The chipped stone tools were likely used for cutting meat and perhaps scraping animal hides, he said. The very earliest stone tools of this type were found in eastern Africa and date back to 2.8 million years ago, said Rick Potts, who directs the Smithsonian Institution's Human Origins Program. “The oldest humans with this old stone tool technology were able to colonize everywhere from warm Iberia (Spain) to Ukraine, where it's at least seasonally very cold – that’s an amazing level of adaptability,” said Potts.

Persons: ”, Mads Faurschou Knudsen, it's, Roman Garba, Rick Potts, “, Potts Organizations: WASHINGTON, Aarhus University, Czech Academy of Sciences, Smithsonian, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Ukraine, Europe, Korolevo, Denmark, Spain, Africa, Iberia

CAPE CANAVERAL, Fla. (AP) — Four astronauts headed to the International Space Station on Sunday where they will oversee the arrivals of two new rocketships during their half-year stint. SpaceX’s Falcon rocket blasted off from Kennedy Space Center, carrying NASA’s Matthew Dominick, Michael Barratt and Jeanette Epps and Russia’s Alexander Grebenkin. “When are you getting here already?” space station commander Andreas Mogensen asked via X, formerly Twitter, after three days of delay due to high wind. Epps should have launched to the space station on a Russian rocket in 2018, but was replaced for reasons never publicly disclosed. Flight controllers are monitoring a growing cabin leak on Russia’s side of the space station.

Persons: Matthew Dominick, Michael Barratt, Jeanette Epps, Russia’s Alexander Grebenkin, “, Andreas Mogensen, Epps, Billy Joel, Dominick, Barratt, ” Barratt, Joel Montalbano Organizations: International, Kennedy Space Center, SpaceX, NASA, Sierra, Ford Motor Co, CIA, Navy, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, U.S, Denmark, Japan, Russia, New York, Syracuse, N.Y, Russian

☆ How Google lost its way
▼ + stars: | 2024-02-29 | by ( Hugh Langley | Lara O'Reilly | ) www.businessinsider.com time to read: +17 min

Just two months after Google launched Gemini, its flashy new AI model, the company revealed that it had already built a better version. AdvertisementThen, days later, Google scrambled to explain why its image generation tool spit out racially inaccurate depictions of historical figures. Users have long bemoaned — and researchers recently found — a decline in the quality of Google Search results. The fact that Google is not far and away the self-driving-car leader, it's, like, a total joke," the former Google director said, adding that the problem of Google's lost supremacy is "maybe impossible to solve, frankly." Google now is reminiscent of the Steve Ballmer-era Microsoft, which missed the smartphone, search, and cloud waves and was overtaken by Apple, Google, and Amazon.

Persons: OpenAI, Sora, Sam Altman, Sundar Pichai's, Pichai, —, Larry Page, Sergey Brin, Lea Suzuki, Getty Brin, Page, Google, Googlers, Axel Springer, Diane von Furstenberg, Giovanni Giannoni, Michael Avrukin, Vuk Valcic, wouldn't, Patrick Mork, Eric Lehman, Lehman, ChatGPT, Caesar Sengupta, Sengupta, Alexa, Google's, Steve Ballmer, Satya Nadella, Hugh Langley, Lara O'Reilly Organizations: Google, Hollywood, Industry, San Francisco Chronicle, Business, Penske Media, Microsoft, Amazon, The New York Times, Oracle, YouTube, Apple, IBM, Meta Locations: Silicon Valley, Silicon, —

☆ Alphabet's Gemini AI misstep is the latest reason Cramer is getting fed up with the stock
▼ + stars: | 2024-02-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

Jim thinks Google has lost focus as it struggles to shake off the narrative that it's lagging in the AI race. With all these things lining up against Google, Jim has been becoming increasingly wary of the stock. Even though Alphabet stock keeps getting dinged for AI misses, Bernstein analysts "don't subscribe to the generative AI risk to Google Search" for now. At the Club, we believe Google's AI chatbot Gemini could be competitive in attracting users, but the advertising opportunity may not be the same. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Sundar Pichai, Pichai, Jim, Google, Bard, Gemini —, —, Axel Springer, they're, Bernstein, playbook, Meta, haven't, Jim Cramer's Organizations: Google, Apple, Microsoft, Nvidia, Tesla, The Club, Politico, U.S, Club, NFL, YouTube, National Football League, Management, Sunday, Meta, Walmart, CNBC, Future Publishing, Getty Locations: U.S

☆ Stocks making the biggest moves midday: Bumble, Beyond Meat, eBay, Urban Outfitters and more
▼ + stars: | 2024-02-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Beyond Meat reported fourth-quarter revenue of $73.7 million, versus the $66.7 million consensus estimate, per LSEG, formerly known as Refinitiv. First Solar — Shares added more than 3% after the solar panel manufacturer reported a fourth-quarter earnings beat . Urban Outfitters — The clothing retailer plunged 15% after missing estimates for its fourth-quarter earnings and revenue. Axon Enterprise — The weapons manufacturer popped 14% after reporting a fourth-quarter earnings beat. Novavax — The vaccine maker slid 27% after Novavax missed Wall Street's estimates for its fourth-quarter revenue and earnings .

Persons: Bumble —, Bumble, FactSet, Lemonade, Viatris, LSEG, —, Novavax, Axel Springer, Schibsted, — CNBC's Brian Evans, Michelle Fox, Alexander Harring, Pia Singh, Samantha Subin Organizations: Advance, FactSet, eBay, Baidu, U.S . Securities, Exchange Commission, Attorney's, District of Massachusetts, Materials, Urban Outfitters, Boeing —, Federal Aviation Administration, Boeing, Alaska Airlines, Street, Justice Department Locations: U.S, China

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