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☆ Jennifer Lopez plus AI robots in ‘Atlas’ equals fuel for Netflix’s algorithm
▼ + stars: | 2024-05-24 | by ( Brian Lowry | ) edition.cnn.com time to read: +2 min

CNN —Say what you want about Jennifer Lopez, but streaming algorithms surely love her, which accounts for her parade of recent movies – “The Mother” (Netflix), “Shotgun Wedding” (Amazon) and “Marry Me” (Peacock), all in the last two years. Add to that “Atlas,” a nonstop sci-fi action movie that basically gets the job done with a plot that recalls Disney’s “Big Hero 6,” just with a lot more cursing. Atlas must then team up with another AI robot (voiced by Gregory James Cohan) in order to survive. Netflix continues to lay down expensive bets on genre movies, with Zack Snyder’s two-part “Rebel Moon” among the more prominent recent examples. For her part, Lopez steps into a slightly different role – and wisely away from another rom-com – in her dual capacity as producer and star.

Persons: Jennifer Lopez, ”, Disney’s, Atlas Shepherd, Harlan, Simu Liu, Gregory James Cohan, Mark Strong, Sterling K, Brown, Lopez, Brad Peyton –, Dwayne Johnson, Andreas ” –, Zack Snyder’s, it’s Organizations: CNN, Netflix, Sterling, “

☆ NASA's Webb Space Telescope discovered 3 rare galaxies that can help astronomers study the cosmic dark ages
▼ + stars: | 2024-05-24 | by ( Lloyd Lee | Jessica Orwig | ) www.businessinsider.com time to read: +3 min

Read previewNASA's James Webb Space Telescope has detected three galaxies as they were likely forming during the universe's infancy, the space agency said Thursday. And it's all thanks to the tremendous observing power of the James Webb Telescope. AdvertisementThe James Webb Space Telescope helps astronomers study the very early universe. The Cosmic Dark AgesJames Webb Space Telescope has revealed 45,000 galaxies in this image, hundreds of which have never been seen until now. Astronomers study the Era of Reionization to understand the very early moments in our universe when galaxies and stars first formed and how.

Persons: —, James Webb, Webb, Kasper Heintz, NASA Heintz, Brant Robertson, Ben Johnson, Sandro Tacchella, Marcia Rieke, Daniel Eisenstein, Heintz Organizations: Service, NASA, Business, James Webb Telescope, University of Copenhagen, James Webb Space Telescope, ESA, CSA, UC, UC Santa Cruz, CfA, University of Arizona Locations: Denmark, UC Santa, Cambridge

☆ Caleb Carr, Author of Dark Histories, Dies at 68
▼ + stars: | 2024-05-24 | by ( Penelope Green | ) www.nytimes.com time to read: +1 min

Caleb Carr, a military historian and author whose experience of childhood abuse drove him to explore the roots of violence — most famously in his 1994 best seller, “The Alienist,” a period thriller about the hunt for a serial killer in 19th-century Manhattan — died on Thursday at his home in Cherry Plains, N.Y. The cause was cancer, his brother Ethan Carr said. Mr. Carr had first pitched the book as nonfiction; it wasn’t, but it read that way because of the exhaustive research he did into the period. And he peopled his novel with historical figures like Theodore Roosevelt, who was New York’s reforming police commissioner before his years in the White House. Up to that point, Mr. Carr had been writing, with modest success, on military matters.

Persons: Caleb Carr, —, Ethan Carr, Carr, Theodore Roosevelt, Jacob Riis, James Chace Organizations: Quarterly Locations: ”, Cherry Plains, N.Y, American, Chinese

☆ Watch CNBC’s full interview with Larry Adam, Kim Forrest, and Mark Zandi
▼ + stars: | 2024-05-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Larry Adam, Kim Forrest, and Mark ZandiLarry Adam, Raymond James chief investment officer, Kim Forrest, Bokeh Capital Partners chief investment officer, and Mark Zandi, Moody’s Analytics chief economist, join 'The Exchange' to discuss the state of the economy, opportunities in the markets, and more.

Persons: Larry Adam, Kim Forrest, Mark Zandi Larry Adam, Raymond James, Mark Zandi Organizations: Bokeh Capital Partners

Over a week ago, Taquería El Califa de León was simply one of Mexico City’s nearly 11,000 registered taco shops, though there are undoubtedly many more that aren’t. But it was mostly a locally known taco stand. That day, the Michelin Guide, the world’s most widely recognized arbiter of fine dining, released its first Mexican edition. Of the 18 establishments in Mexico awarded at least one Michelin star, many of them fancy restaurants, El Califa de León was the only street-food stand. (Outdoor food stands in other parts of the world have been awarded Michelin stars.)

Persons: Taquería El, León Organizations: taco, Michelin Locations: Mexico, El

☆ F1 dispute with Andretti Global draws in U.S. lawmakers
▼ + stars: | 2024-05-24 | by ( Chris Hawes | ) www.cnbc.com time to read: +5 min

Anna Moneymaker | Getty ImagesA dispute over whether to accept American motorsports giant Andretti Global as Formula One's 11th team is reaching boiling point. It's the latest twist in the Andretti saga, which started in October 2023 when the sport's governing body, the FIA, approved the American team's bid to join the grid. Three months later, F1, the sport's commercial arm, quashed the bid, arguing that Andretti wouldn't be competitive in 2025 or 2026. These new entrants would also be obliged to operate out of a region not currently represented by F1 teams. It isn't just in Washington where support for Andretti is growing, explained Andretti.

Persons: Mario Andretti, John James, Anna Moneymaker, Michael, Andretti, Stefano Domenicali, Domenicali, Tim Milne, Lewis Butler, Tim Cook, Red Bull's Max Verstappen Mike Segar, Zac Brown, it's, Fernando Alonso Organizations: Washington , DC, Andretti, Capitol, General Motors, Andretti Global, One's, Miami Grand, Liberty Media, NBC News, FIA, Formula, One, CNBC, Las Vegas, Prix, U.S, F1, United, Reuters Locations: Washington ,, U.S, Las Vegas, Saudi Arabia, United States, Americas, Austin , Texas, Washington, Miami

☆ Raymond James CIO: Tech is a 'shining star' this earnings season
▼ + stars: | 2024-05-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRaymond James CIO: Tech is a 'shining star' this earnings seasonLarry Adam, Raymond James chief investment officer, Kim Forrest, Bokeh Capital Partners chief investment officer, and Mark Zandi, Moody’s Analytics chief economist, join 'The Exchange' to discuss the impact of Fed uncertainty on the markets, investing in the AI boom, and more.

Persons: Raymond James, Larry Adam, Kim Forrest, Mark Zandi Organizations: Raymond James CIO, Tech, Bokeh Capital Partners

☆ Japanese stocks are rallying this year. But one key group of investors is missing
▼ + stars: | 2024-05-24 | by ( Hakyung Kim | ) www.cnbc.com time to read: +6 min

Japanese stocks are enjoying a banner year, with foreign investors plowing into the market. Japanese investors are hesitant Japanese investors have long been skeptical of the local stock market after the asset price bubble burst in the early 1990s. Another reason Japanese investors may not be as keen on their domestic market could be the yen falling sharply. Outlook for Japanese stocks still strong Despite the recent bout of selling from local investors and the market's recent struggles, many global investors remain bullish on Japanese stocks. This is another "slow-moving but important tailwind to Japanese stocks," with more room to run, according to Zachary Hill, Horizon Investments head of portfolio management.

Persons: Goldman Sachs, Morgan Stanley, Kishida, Julian McManus, Janus Henderson, Bernstein, Zachary Hill, Raymond Chan, Chan, McManus, he's, Warren Buffett Organizations: Japan Exchange Group, Nikkei, Bank of Japan, U.S ., Ministry of Internal Affairs and Communications, Investment, Association, Prime, Nippon, Savings, U.S, Horizon Investments, Federal Reserve, Asia Pacific, Allianz Global Investors, Mitsui, Itochu, Sumitomo Locations: U.S, Japan, Asia

☆ Buy quality tech stocks that are immune to high inflation and rates, Trivariate Research says
▼ + stars: | 2024-05-24 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

As inflation lingers at a generational high, some stocks stand out for their ability to help investors hedge against the effect of high interest rates better than others. "What ensued was a massive negative correlation between the perception about interest rates and the valuation of growth companies from late in 2021." While a basket of high-quality growth stocks used to be negatively correlated to inflation, meaning their stock prices suffered as inflation turned higher, Trivariate says the relationship has since changed. "Today, the correlation of the high-quality growth basket to our inflation basket is zero," the firm said. In the same report, Trivariate Research shared its basket of high-quality names in the technology sector that have a near-zero correlation to its inflation basket.

Persons: Adam Parker, Morgan Stanley, Trivariate, Morgan Stanley —, Meta Marshall, Raymond James, there's, Simon Leopold, Michael Bloom Organizations: Research, Trivariate, Keysight Technologies, Technologies, JPMorgan, VMware, Broadcom Locations: United States

☆ Papua New Guinea landslide: More than 100 people feared dead in remote region
▼ + stars: | 2024-05-24 | by ( Heather Chen | Alex | ) edition.cnn.com time to read: +3 min

CNN —More than 100 people are feared dead in a remote village in the Pacific nation of Papua New Guinea after a landslide flattened homes and buried people alive while they were sleeping, officials said Friday. “The debris is as big as approximately three to four football fields, and is blocking the lifeline of the province’s main highway, which is making the relief efforts all the more difficult,” Serhan Aktoprak told CNN. It’s already night time in Papua New Guinea. There’s no power to continue the relief efforts. Rescuers are trying to reach the remote village in Enga Province.

Persons: Serhan Aktoprak, “, ” Aktoprak, Janet Philemon, ” Philemon, James Marape, ” Organizations: CNN, Mission, International Organization for Migration, IOM, National, Papua New Guinea Red Crescent Society, AFP, Getty Images, ABC, Reuters, of Works, Highways, police Locations: Pacific, Papua New Guinea, Kaokalam, Enga Province, Port Moresby, Enga’s

☆ Where New Yorkers Start Being Polite and Stop Getting Real
▼ + stars: | 2024-05-24 | by ( James Poniewozik | ) www.nytimes.com time to read: +1 min

At 2:45 p.m. on a sunny Wednesday in a plaza near the Flatiron Building, a crowd of a few dozen was watching, and appearing in, New York City’s most infamous new reality show. On a round video screen, encased in a porthole-like structure behind a railing, they could see a livestream of onlookers across the Atlantic, in the center of Dublin. “They can see you just like you see them!” a staff member minding the exhibit told the crowd. From the Irish side, people displayed images of swastikas and of the 2001 World Trade Center attack. The transgressions went viral, not the sort of global connection and sharing that the organizers were hoping for.

Persons: minding Organizations: Trade Locations: New York, Dublin, “

☆ Obama Is a Surprise Guest Among Allies at Biden’s State Dinner for Kenya
▼ + stars: | 2024-05-23 | by ( Katie Rogers | Zach Montague | ) www.nytimes.com time to read: +1 min

State dinners are best known as bear hugs for overseas allies, and Thursday’s honoree was Kenya. But the sixth state dinner of President Biden’s term was designed to clutch domestic allies — not the least of them Mr. Obama, whose father was Kenyan — even tighter as the president makes the long slog toward November. The list included President William Ruto of Kenya and his wife, Rachel, along with three of his daughters. “We share a strong respect for the history that connects us together,” Mr. Biden said to his guests during a toast. The lineup included elected officials in several battleground states, influential Black political operatives, and powerful philanthropists, like Melinda French Gates.

Persons: Barack Obama, Biden’s, —, Obama, William Ruto, Rachel, James Mwangi, ” Mr, Biden, Jimmy Carter, Melinda French Gates Organizations: White, Equity Group Holdings Locations: Kenya, Kenyan

☆ Nvidia doesn't have much short-term risk, says Raymond James' Srini Pajjuri
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia doesn't have much short-term risk, says Raymond James' Srini PajjuriSrini Pajjuri, Raymond James senior semiconductor analyst, joins 'Power Lunch' to discuss Nvidia after the AI-darling posted an earnings beat.

Persons: Raymond James, Pajjuri Organizations: Nvidia

is a Pulitzer Prize-winning investigative reporter and co-author of “She Said,” which recounts how she and Megan Twohey broke the story of sexual abuse allegations against Harvey Weinstein, helping to ignite the #MeToo movement. Instagram •

Persons: “, Said, Megan Twohey, Harvey Weinstein, Instagram

☆ Ape Expert Rates 10 Monkey and Ape Attacks in Movies and TV
▼ + stars: | 2024-05-23 | by ( Margaret Guzman | Korey Isbell | ) www.businessinsider.com time to read: +1 min

Primatologist Mireya Mayor breaks down 10 monkey and ape attacks in movies, including "King Kong," based on realism. Mayor also breaks down the evolution of ape and monkeys, such as the common ancestor of humans and apes, the hominin, in "2001: A Space Odyssey"; the Gigantopithecus in "The Jungle Book" (2016); and the capuchin monkey in "Night at the Museum," with Ben Stiller. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Persons: Primatologist, King Kong, debunks, King, Jack Black, Naomi Watts, Gordy, Daniel Kaluuya, Steven Yeun, Keke Palmer, James Franco, Dwayne Johnson, Kevin Hart, Ben Stiller Organizations: Business Locations: King, King Kong, Awkwafina

☆ 'Zoomtown' slowdown: 18 cities where rents have plummeted from their pandemic peak
▼ + stars: | 2024-05-23 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

That figure was 0.7%, or $12, less than in 2023 but is still 22.5% higher than the pre-pandemic rent rate of $1,407 in April 2019. Advertisement18 cities where rents have fallenRenting is also much more affordable than it was during the pandemic peak. The typical Austin apartment in April went for $1,494, which is down 11.5% — or nearly $200 — from the peak rent of $1,689 in September 2022. Below are the 18 US cities, many of which became Zoomtowns during the pandemic, where apartment prices are down at least 5% from their post-2019 peak. Along with each is its median rent in April, year-over-year rent change, peak rent, and change from that peak rent figure.

Persons: —, Realtor.com, Jiayi Xu, Xu, Austin Organizations: Service, Business, Star Locations: Austin

☆ Two tech experts on whether Nvidia can sustain its record growth trajectory
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo tech experts on whether Nvidia can sustain its record growth trajectoryJames Cakmak, Partner at Clockwise Capital, and Ruben Roy, Managing Director of Equity Research at Stifel, discuss Nvidia's Q1 earnings report.

Persons: James Cakmak, Ruben Roy Organizations: Nvidia, Equity Research Locations: Stifel

☆ Raymond James' Sunaina Sinha Haldea: There's more hope on the horizon for dealmaking
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRaymond James' Sunaina Sinha Haldea: There's more hope on the horizon for dealmakingSunaina Sinha Haldea, Raymond James Global head of private capital advisory, joins 'Closing Bell Overtime' to talk private versus public markets, real estate investing, and more.

Persons: Raymond James, Sunaina Sinha Haldea, Raymond James Global

☆ Defense Strategy in Gilgo Murder Case: Blame a Corrupt Police Chief
▼ + stars: | 2024-05-23 | by ( Corey Kilgannon | ) www.nytimes.com time to read: +1 min

After Rex Heuermann was arrested last summer and then charged with murdering four women whose bodies were found in 2010 along Gilgo Beach on Long Island, prosecutors disclosed a barrage of details to support their case, including genetic evidence and sadistic porn sites they said Mr. Heuermann visited. Now, with the trial still months away, the defense’s strategy is beginning to take shape. Brown, has begun to float an alternate theory about the case: that the investigation into the murders was tainted years ago by the involvement of a now-disgraced Long Island police chief. At a hearing last month following a procedural court appearance by Mr. Heuermann, Mr. Brown repeated his client’s claims of innocence. He also suggested that the real killer might have eluded arrest years ago when Mr. Burke was running the investigation.

Persons: Rex Heuermann, Heuermann, Heuermann’s, Michael J, Brown, James Burke, Burke Organizations: Long, police, Suffolk County Police Department Locations: Gilgo, Long Island, Suffolk

☆ Some birds may use ‘mental time travel,’ study finds
▼ + stars: | 2024-05-23 | by ( Kate Golembiewski | ) edition.cnn.com time to read: +7 min

“It’s often helpful to think about episodic memory as remembering, whereas semantic memory is just knowing,” he said. To find out whether Eurasian jays are capable of "mental time travel," researchers worked with birds trained to find food hidden under cups. “The idea is that with human episodic memory, we remember details of events that, at the time, weren’t necessarily relevant to anything. This aspect of episodic memory is sometimes referred to as “mental time travel.”To find out whether Eurasian jays are capable of mental time travel, the researchers worked with birds that had been trained to find food hidden under cups. “The big disease of memory is Alzheimer’s disease, and of course, the most debilitating aspect of Alzheimer’s disease is a profound loss of episodic memory,” Crystal said.

Persons: CNN —, ”, James Davies, Davies, “, “ There’s, James Davies Corvids, Nicola Clayton, —, advisee, ” Davies, weren’t, didn’t, ‘, I’ll, ’ ” Davies, Jonathon Crystal, ” Crystal, “ It’s, Kate Golembiewski Organizations: CNN, University of Cambridge’s, University of Indiana Bloomington Locations: Chicago

☆ James Gorman is bringing his 18-year stint at Morgan Stanley to an end
▼ + stars: | 2024-05-23 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Morgan Stanley chairman James Gorman is stepping down at the end of the year. The former CEO revealed his plans at the bank's annual shareholder meeting. Gorman joined Morgan Stanley in 2006 and helped steer the bank through the financial crisis. AdvertisementJames Gorman will leave Morgan Stanley at the end of 2024, bringing an 18-year stint at the investment bank to a close. The chairman revealed his plans on Thursday at the bank's annual meeting, outlets including Bloomberg and Reuters reported.

Persons: Morgan Stanley, James Gorman, Gorman, —, Ted Pick Organizations: Service, Bloomberg, Reuters, Business

☆ Senate border bill exposes Democratic divisions as White House attempts to ramp up pressure on GOP
▼ + stars: | 2024-05-23 | by ( Priscilla Alvarez | Lauren Fox | ) edition.cnn.com time to read: +8 min

CNN —The Senate will vote Thursday on a border security bill that is dividing the Democratic caucus and failed earlier this year, exposing rifts within the party even as they try to shift the narrative on border security. Sources say those talks included reviving the stalled border security measure that initially failed after former President Donald Trump told GOP lawmakers to knock it down. “I will not vote for the bill coming to the Senate floor this week because it includes several provisions that will violate Americans’ shared values. Senate Majority Leader Chuck Schumer acknowledged over the weekend that not every Democrat may vote for the bill in a letter to colleagues. They think we’re nuts.”But Republican Sen. James Lankford, a key negotiator on the border bill, said he’ll vote against the measure Thursday.

Persons: Donald Trump, “, ’, ” Sen, Cory Booker, Booker, Chuck Schumer, Sen, Alex Padilla, “ It’s, ” Padilla, Virginia Democratic Sen, Mark Warner, ”, Republican Sen, Lisa Murkowski, ” Murkowski, James Lankford, CNN’s Kaitlan Collins, Tom Suozzi, Murphy, Schumer, ” Robyn Barnard, ” Barnard, We’ve, Brian Schatz, Maine Sen, Angus King, CNN’s Sam Fossum Organizations: CNN, Democratic, White, New, New Jersey Democrat, Republicans, GOP, Senate, Virginia Democratic, Republican, CNN’s Kaitlan Collins Tuesday, Democrats, Democratic Rep, of, Human, ”, Democrat Locations: Ukraine, New Jersey, Virginia, Alaska, New, Hawaii, Maine

☆ Big Tech goes on AI charm offensive in Europe as regulators circle
▼ + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

It's worth noting that their comments come as the world's first major law governing AI, the EU's AI Act, was given the final greenlight. Meanwhile, European Commissioner Thierry Breton, a major architect of rules around Big Tech, is set to speak later in the week. Vogels, who is tasked with driving technology innovation within Amazon , said that AI can be used to "solve some of the world's hardest problems." Manyika said Google open-sourced its watermarking tech so that any developer can "build on it, improve on it." "I am concerned that there is potential for monopolies to emerge around Big Tech and AI," he said.

Persons: Rafael Henrique, Lightrocket, Werner Vogels, Society James Manyika, Thierry Breton, Vogels, Manyika, it's, Google's, Gemma AI, Emmanuel Macron, Eric Schmidt, Yann LeCun, Macron, Matt Calkins, Appian, Calkins Organizations: Getty, France —, Viva Tech, Amazon Chief, Google, Technology, Society, Regulators, Big Tech, European Union, Microsoft, Amazon, Meta, Elysee, CNBC Locations: PARIS, France, Paris, Jakarta, Indonesia, View , California, U.S

☆ Shock summer election in Britain predicted to deliver 'historic' result
▼ + stars: | 2024-05-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

British Prime Minister Rishi Sunak makes a statement in the rain outside 10 Downing Street, announcing the UK general election will take place on 4 July in London, United Kingdom on May 22, 2024. News of the vote came as a surprise to the public, the media and much of Sunak's own party. 'As good as it gets'Bronwen Maddox, director of Chatham House think tank, said the election date had shocked many Conservatives who thought it would be held nearer to the U.S. election in November. Market bets on an interest rate cut in the summer fell as a result, and it now looks unlikely the central bank will cut on June 20, its last meeting before the election. So if that translates to a general election as well, then that Labour landslide is looking much less certain."

Persons: Rishi Sunak, Sunak, Price, Bronwen Maddox, I'm, Maddox, Rachel Reeves, Sir Keir Starmer, Angela Rayner, Leon Neal, James, Hannah Bunting, CNBC's, Tony Blair, John Major, Bunting, we've Organizations: British, Anadolu, Getty, Conservative Party, Conservatives, Labour Party, Downing, Bank of England, Chatham House, CNBC, Bank of England's, Labour, Centre, University of Exeter Locations: London, United Kingdom, U.K, Europe, Gaza, Rwanda, Purfleet

☆ Dollar hovers near highest in a week after hawkish Fed minutes
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: +3 min

The yen l anguished just above a three-week low despite the continued threat of intervention by Japanese officials. The dollar index, which tracks the currency against six major rivals including the euro , sterling and yen, was little changed at 104.89 after gaining 0.28% overnight. The dollar was little changed at 156.77 yen after rising to 156.85 overnight, the highest since May 1. Traders and analysts suspect Japan's Ministry of Finance intervened several times to support the yen following its plunge to a 34-year low of 160.245 per dollar on April 29. Bigger rival bitcoin was little changed at $69,491 after reaching $71,957 on Tuesday for the first time since April 9.

Persons: Sterling, Ether, James Kniveton, Japan's, Rishi Sunak, bitcoin Organizations: Bank of Japan, Reserve, Federal, Traders, of Finance, Bank of England, Conservatives, Labour Party, Labour, Securities

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