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☆ A stomach flu outbreak aboard a Celebrity Cruises ship has left 100 people sick
▼ + stars: | 2024-01-15 | by ( Brittany Chang | ) www.businessinsider.com time to read: +2 min

Almost 100 travelers reported being sick following a norovirus outbreak aboard a Celebrity Cruises sailing. Of the 13 norovirus cruise outbreaks in 2023, three were aboard Celebrity's cruises. AdvertisementNew year, same old outbreak: 100 people aboard Celebrity Cruises' recent Celebrity Constellation sailing reported norovirus symptoms, making it the first cruise ship outbreak of 2024, according to the Centers for Disease Control and Prevention. Related storiesAmid the outbreak, the ship and its crew isolated the infected travelers, ramped up cleaning and disinfecting, and collected stool samples for testing, the agency reported. According to the CDC, three of the 13 norovirus outbreaks aboard cruise ships in 2023 were on Celebrity's vessels.

Persons: —, seasickness Organizations: Cruises, CDC, Service, Celebrity Cruises, Centers for Disease Control, Constellation, Celebrity, Business

☆ Starboard Value's Jeff Smith says companies are more receptive to activists like him
▼ + stars: | 2023-10-12 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Starboard Value's Jeffrey Smith, one of the busiest activist investors for two decades, said companies have grown more receptive to voices like him. Smith also sought a turnaround at pizza chain Papa John's in 2019 at a tumultuous time for the company . The Starboard CEO was even active during the Covid-19 pandemic . We're simultaneously respected and feared inside companies," Smith said. "More often than not, now the conversations are highly constructive and respectful and relatively easy," Smith said.

Persons: Jeffrey Smith, Smith, …, we've, I'm, We're Organizations: CNBC's Financial, Olive, Darden, Mercury Systems, Wharton Locations: New York

☆ Cathie Wood says AI is highly deflationary and her top picks include Twilio and UiPath
▼ + stars: | 2023-10-12 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Ark Invest's Cathie Wood said Thursday that the artificial intelligence boom is an antidote to inflation and a big driver of productivity. "AI is going to lead to one of the biggest improvements in productivity … which is highly anti-inflationary," Wood said at CNBC's Financial Advisor Summit . Another area for AI opportunities is software, Wood said. Wood said she particularly values companies that know how to utilize proprietary data. So it has a lot of proprietary data to help marketers and salespeople understand the best way to target customers," Wood added.

Persons: Cathie Wood, Wood, Twilio Organizations: CNBC's Financial, Ark Invest, Meta

☆ Despite near-term growth concerns, Wall Street analysts view this cloud stock as a long-term A.I. winner
▼ + stars: | 2023-06-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Snowflake should emerge as a long-term artificial intelligence winner despite a host of near-term snowstorms, Wall Street analysts think. The cloud stock dropped more than 16% last Thursday after the company shared product revenue guidance that fell short of consensus expectations and results that indicated slowing growth. Even with these headwinds, many analysts remain positive on Snowflake's long-term trajectory, viewing an acquisition and the transition to the cloud as two catalysts for the stock. Deutsche Bank's Brad Zelnick said in a recent note that AI, among other developments, should drive customer stickiness and improved use cases. A murky future Not everyone seems optimistic about Snowflake's AI potential, however.

Persons: Snowflake, Brent Thill, Piper Sandler's Brent Bracelin, Raymond James, Simon Leopold, Frank Slootman, Goldman Sachs, Kash Rangan, Rangan, Brad Zelnick, Redburn, Alex Haissl, Haissl, — CNBC's Michael Bloom Organizations: Wall Street, Wolfe Research, Snowflake's Summit, Deutsche, Palo Alto Networks Locations: Snowflake, Las Vegas

☆ Washington trying to wreck Russia-Africa summit -Russia's Lavrov
▼ + stars: | 2023-04-04 | by ( Ronald Popeski | ) www.reuters.com time to read: +2 min

April 4 (Reuters) - The U.S. is trying to wreck Russia's planned summit with African countries as part of efforts to isolate Moscow, Foreign Minister Sergei Lavrov said in an interview published on Tuesday. Moscow is preparing for its second summit with African countries, scheduled for the end of July in St. Petersburg, including work on infrastructure, technology and energy projects. "It is true that the United States and its vassals are doing everything possible to achieve Russia's international isolation," Lavrov told the website. "In particular, they are trying to torpedo the planned second Russia-Africa summit ... to persuade our African friends not to take part." U.S. President Joe Biden hosted a U.S.-Africa leaders summit in 2022 in Washington, seeking to bolster alliances amid the growing Russian and Chinese presence on the continent.

☆ DoubleLine's Gundlach says it's time to buy emerging market stocks as the dollar peaks
▼ + stars: | 2022-12-06 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

DoubleLine Capital CEO Jeffrey Gundlach said it's time for investors to buy emerging market stocks as the dollar has likely hit its top. "I do think the dollar has peaked out, ... which does suggest that investments in emerging markets like emerging market equities are probably going to be a good winner in 2023," Gundlach said Tuesday at CNBC's Financial Advisor Summit . "It's time to buy emerging market equities if you have an annual allocation switch. I really do think the time is right," Gundlach said. On the overall markets, Gundlach said he expects January will see some buying as investors wrap up tax loss harvesting and start to reallocate capital.

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