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☆ A short seller with a more-than-90% win ratio shares the only 4 investments he buys and holds long term
▼ + stars: | 2024-06-01 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

It's a more aggressive approach than many investors employ, because being a short seller is infinitely more risky than buying shares. But when you short, the potential loss is unlimited because there's no guarantee a stock's price will fall; it could instead rally to extreme highs. These variables include low institutional ownership, low cash reserves, and market caps smaller than $250 million, among other characteristics that could signal a vulnerable stock. Uber (UBER) is another stock he really likes, although he allocates less toward it because it's a newer company. But everywhere I go, there's Uber.

Persons: David Capablanca, Capablanca, there's Uber Organizations: Service, Business, Trust, Nasdaq, Capablanca, Apple Locations: Argentina, Galapagos, Columbia, Italy, India

☆ US vs. Chinese aircraft carriers: How the world's top flattops stack up
▼ + stars: | 2024-06-01 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +16 min

Liaoning and ShandongAircraft carrier Liaoning set out for sea trials at Dalian shipyard with the help of tugboats. A J-15 fighter takes off from aircraft carrier Shandong during the combat readiness patrol and military exercises around Taiwan. Aircraft carrier USS Gerald R. Ford sails in the Adriatic Sea. China has no experience operating carrier catapults on its warships (though it did study carrier catapults when it purchased the decommissioned Australian carrier HMAS Melbourn from Canberra in 1985 under the guise of scrapping). AdvertisementChina's third aircraft carrier, the Fujian, docks in Shanghai with a Chinese flag seen in the foreground.

Persons: —, Kuznetsov, Pu, Gerald R, Ford, George H.W, George H.W . Bush, Smith, Jackson Adkins, John F, Kennedy, Doris Miller, Dwight D, Eisenhower, Jacob Mattingly, Li Gang, Timothy Heath, Heath, China's, Benjamin Brimelow Organizations: Service, US Navy, Business, Shandong Aircraft, Getty, People's Liberation Army Navy, Getty Images Fujian, EA, Jiangnan Shipyard, Getty Images, PLAN, Xinhua News Agency, Nimitz, Ford, Aircraft, Greyhound, Navy, Carrier, USS Enterprise, Pacific Fleet, Shandong, RAND Corporation, US, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Shanghai, Fujian, China, China's, Liaoning, Dalian, Shandong, Soviet, Ukraine, Taiwan, Xinhua, Getty Images China, George H.W ., Adriatic, Melbourn, Canberra, Sanya, Hainan Province, West

☆ A hedge on chip stocks if some of the profit-taking in Nvidia continues
▼ + stars: | 2024-05-31 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

After the first sign this week of potential profit taking in Nvidia (NVDA) since it's monster post-earning pop, now might be the time to hedge for further downside in the semiconductor space. I want to utilize SMH (VanEck Semiconductor ETF) to express my protective and bearish strategy. However, I do have concern about the stock's "over ownership" and investors who have become conditioned to NVDA's massive earnings beats. NVDA YTD mountain Nvidia (NVDA), YTD The protective trade strategy I want to implement is to define upside risk while seeking to finance the whole option strategy which will profit if we indeed see Semi's move lower. This also serves as a short-term hedge to any and all exposure you may have to the AI theme.

Persons: SPDR, NVDA Organizations: Nvidia, VanEck Semiconductor, Semiconductor

☆ Early retirees and financially independent investors share 3 IRS rules they've used to avoid taxes and improve their finances
▼ + stars: | 2024-05-31 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Business Insider has spoken to financially independent real estate investors and early retirees who have used IRS rules to improve their financial situation. AdvertisementThough there are a lot of restrictions, it made sense for Cooper, who was fully committed to early retirement. "The longer it's sitting in there, the more money it's going to generate, the more taxes you're going to pay down the road. Zeona McIntyre uses 1031 exchanges to sidestep capital-gains taxes indefinitelyBoulder-based real estate investor and author of "30-Day Stay," Zeona McIntyre. There are ways to reduce your capital-gains tax liability, like deducting your property's depreciation.

Persons: —, Mindy, Carl Jensen, Carl, Mindy Jensen, Mindy Jensen Colorado, they've, Eric Cooper, Eric Cooper Eric Cooper, Cooper, Zeona McIntyre, Zeona McIntyre Zeona McIntyre, you'll, McIntyre, There's Organizations: Service, Business, IRS, Independence Locations: Colorado, I'm, Boulder

We asked seven pro investors to identify the best trades of their careers and explain how the lessons from those decisions still apply today. The CBOE Volatility Index, also known as the VIX, shot above 40, essentially meaning traders were betting that the stock market would be exceptionally rocky over the following month. Jeff Muhlenkamp, lead portfolio manager at Muhlenkamp & CompanyJeff Muhlenkamp Muhlenkamp & CompanyJeff Muhlenkamp's namesake Muhlenkamp Fund (MUHLX) has been in the top 3% of its category in the past half-decade, thanks to trades like one he pulled off on Chinese internet firm Baidu (BIDU). "I pretty much expected, 'OK, if I get a double out of this in five years, I'll be happy' — that's pretty decent money," Muhlenkamp said. He noted that industrials within the Russell Mid Cap value index have returned 116% over the previous five years.

Persons: —, That's, Michael Burry, Warren Buffett, Berkshire, Rob Arnott, Tim Boyle, Arnott, I'd, Bob Elliott, Bob Elliott's, Elliott, Jeff Muhlenkamp, Jeff Muhlenkamp Muhlenkamp, Jeff Muhlenkamp's, Muhlenkamp, you've, Sona Menon, Cambridge Associates Sona Menon, Bryant VanCronkhite, Allspring Bryant VanCronkhite Allspring Bryant VanCronkhite, VanCronkhite, Russell, industrials, James Davolos, Davolos, George Patton, Harley Bassman, Harley Bassman's, Bassman, Merrill Lynch, I'm Organizations: Service, American Express, Business, Research, Bloomberg, Getty, Bridgewater Associates, Treasury, Securities, Muhlenkamp, Baidu, Google, North, Cambridge Associates, Allspring, Horizon Kinetics, Opportunities Fund, Credit Suisse Locations: industrials, West Africa, New York City, Guinea

☆ 7 tips for developing digital balance, from happiness experts: 'Find that happy medium where technology is working for you'
▼ + stars: | 2024-05-27 | by ( Renée Onque | ) www.cnbc.com time to read: 1 min

Digital devices provide unlimited access to so many things, and it can be both a gift and a curse. Smartphones and laptops help us to stay connected to our loved ones through phone calls and video conferencing, Laurie Santos, a psychology professor who teaches Yale's most popular class ever, said in a recent podcast episode of "The Happiness Lab." At the same time, "research shows that our screens and apps and devices are making us less social, less present and even less happy," Santos added. During the episode, Santos spoke to Amy Blankson, a happiness expert and co-founder of the Digital Wellness Institute, about ways that people can achieve a better balance when using digital devices. Here are a few of the tips that Blankson shared.

Persons: Laurie Santos, Santos, Amy Blankson Organizations: Digital Wellness Institute

☆ Nvidia's flatness shows rest of the market is struggling, says Unlimited CEO Bob Elliott
▼ + stars: | 2024-05-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia's flatness shows rest of the market is struggling, says Unlimited CEO Bob ElliottTracie McMillion, Wells Fargo head of global asset allocation strategy, and Bob Elliott, Unlimited CEO, join 'Closing Bell: Overtime' to discuss the markets, Nvidia earnings and sector winners.

Persons: Bob Elliott Tracie McMillion, Wells, Bob Elliott Organizations: Nvidia Locations: Wells Fargo

The information for the following product(s) has been collected independently by Business Insider: Wyndham Rewards® Earner Plus Card, Wyndham Rewards® Earner Card, Wyndham Rewards® Earner Business Card, Capital One Spark Miles for Business†, Capital One Spark Miles Select for Business†. Introduction to Wyndham RewardsWhile it's often overshadowed by bigger and flashier hotel loyalty programs, Wyndham Rewards deserves some attention, too. How to join Wyndham Rewards and start earning points and elite statusTravelers can enroll in Wyndham Rewards for free, and automatically receive free Wi-Fi during stays. Earning Wyndham pointsThere are myriad ways to accumulate Wyndham points, beginning with the most obvious option: Hotel stays through Wyndham. Wyndham Rewards frequently asked questionsHow can I earn Wyndham Rewards points without staying at a hotel?

Persons: Wyndham, Howard Johnson, gofree Wyndham, Cardholders, cardholders, Wyndham Timeshare, you'll, it's, Wyndham Rewards, redemptions, Maui Oceanfront, Redemptions, Eric Rosen Eric Rosen, Condé Organizations: Business, Wyndham Rewards, Wyndham, Business †, Vacasa, Read, Wyndham Grand, Ramada, Marriott Bonvoy, Hilton, Diamond, Base, Caesars Entertainment, Walmart, Target, Avis, Caesars, Staples, Lowes, Apple, Marathon Gas, Wyndham Hotels, Club Wyndham, Caesars Rewards, Costco, National Parks Conservation Association, National Geographic, Bloomberg Locations: AmericInn, La, Travelodge, North America, Belize, Costa Rica, Wyndham, Paris, Las Vegas, Macy's, Grubhub, Waikiki, Oahu, Kona, Hai Villas, Kauai, Chevron, Los Angeles, Australia, Kenya, Laos

☆ FEC lets Peter Thiel-funded super PAC off the hook
▼ + stars: | 2024-05-23 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Super PACs, which can accept unlimited donations, are legally barred from coordinating with or donating directly to politicians' campaigns. Advertisement"I'm gratified that a bipartisan group at the FEC has rightly rejected this baseless, headline-seeking complaint," Luke Thompson, the executive director of the super PAC, told Business Insider. "This super PAC was keeping him afloat as a candidate with research, messaging ideas, and all of the stuff that basically allowed him to remain viable." In recent years, it's become increasingly common for campaigns and super PACs to use public websites to get around existing campaign finance laws. Those materials had been funded by Never Back Down, a super PAC supporting the Florida governor.

Persons: —, Republican Sen, JD Vance's, Peter Thiel, Donald Trump, Vance, Ellen Weintraub, Luke Thompson, Jonas Edwards, Jenks, Saurav Ghosh, they're, Ghosh, who's, Tim Ryan, Thiel, David Sacks, Rebekah Mercer, it's, Ron DeSantis's Organizations: Service, Commission, Republican, PAC, Campaign, Citizens United, Business, Legal, Citizens, Democratic, FEC, End Citizens, GOP Senate, Florida Gov, Florida Locations: Ohio, Florida

☆ Target comparable sales have dropped for 4 straight quarters, and it's scrambling to avoid a 5th
▼ + stars: | 2024-05-22 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTarget reported $24.5 billion in revenue last quarter, with comparable sales down 3.7%, marking the fourth consecutive quarter of decline. Unlike total sales, comparable sales exclude new and closed stores, and analysts commonly use the measure to assess a business' underlying health. AdvertisementThe company also revamped and expanded its membership program, Target Circle, adding over a million new shoppers last quarter. "We're encouraged by the meaningful progress we've seen in recent quarters," Cornell said.

Persons: —, Brian Cornell, Cornell, Jack children's, We're Organizations: Service, Business, Walmart, Amazon Prime, Target

☆ Nestlé is releasing a lineup of frozen food for people on Ozempic and other GLP-1 drugs
▼ + stars: | 2024-05-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Nestlé, the maker of frozen food brands like Stouffer’s and DiGiorno, is slimming down with a new line of meals for people taking GLP-1 drugs, such as Ozempic, for weight loss. However, a recent study on Wagovy significantly reduced heart risk in addition to helping with weight loss. An example of Vital Pursuit food. It also made a $100 million-plus deal to buy Sequence, a telehealth business that offers virtual prescriptions to patients for these weight loss drugs where appropriate. Food companies, like Nestlé, are also bracing for GLP-1 consumers to buy fewer sugary snacks and drinks.

Persons: New York CNN — Nestlé, It’s, Morgan, Steve Presley, Neil Saunders, Nestlé, it’s “, Saunders, ”, “ Nestlé, Sesame, WeightWatchers, ” Saunders, CNN’s Nathaniel Meyersohn Organizations: New, New York CNN, North, GlobalData, Lean, CNN, Companies, Costco, Equinox Locations: New York

☆ Millennials are 'quiet vacationing' rather than asking their boss for PTO: 'There's a giant workaround culture'
▼ + stars: | 2024-05-21 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

A majority, 78%, of U.S. workers say they don't take all their PTO days, and it's highest among Gen Z workers and millennials, according to a new Harris Poll survey of 1,170 American workers. That's not to say they're not taking breaks — they're just not telling their boss. Nearly 4 in 10 say they've taken time off without communicating it to their manager. "There's a giant workaround culture at play," Rodney says. "It's not exactly quiet quitting, but more like quiet vacationing."

Persons: they're, Libby Rodney, That's, Slack, Rodney, Gen Zers, millennials Organizations: Harris, Microsoft Locations: U.S

☆ Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
▼ + stars: | 2024-05-21 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Red Lobster filed for Chapter 11 bankruptcy after suffering significant financial losses. CEO Jonathan Tibus questioned the company's purchasing processes, including from owner Thai Union. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the company's CEO faulted owner and key seafood supplier Thai Union for its role in the shrimp debacle — and in Red Lobster's trajectory — in a filing on Sunday. Jonathan Tibus, a turnaround expert who took the CEO job in March, wrote that Red Lobster had long bought much of its shrimp from owner Thai Union.

Persons: Jonathan Tibus, — Organizations: Thai Union, Service, Business

☆ I supercommute through 4 states to get to work. I love earning a 6-figure NYC salary but living a suburban life in Delaware.
▼ + stars: | 2024-05-20 | by ( Jen Glantz | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a conversation with Kyle Rice, a 38-year-old EMS provider based in Willmington, Delaware. I came across a job on a job board as a protocol architect for a project manager at an EMS software company. I live in Wilmington, Delaware, with my wife and two kids — 125 miles from the office. AdvertisementI earn more and save more by working a NYC jobI'd never consider relocating to NYC because it wouldn't be smart financially. Whenever the commute frustrates me, I remember how grateful I feel that I can pass through a handful of states on my way to work.

Persons: —, Kyle Rice, Rice, I'd, I've Organizations: Service, Business, Amtrak, Newark Penn Station, World Trade Center Locations: Willmington , Delaware, New York City, Wilmington , Delaware, New York, New Jersey, Long, Wilmington, Newark, Delaware, NYC, Manhattan

☆ I used bots to work for Instacart. You need one to make the job worthwhile.
▼ + stars: | 2024-05-19 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Business Insider has verified his identity and his use of two bots designed for gig delivery apps. I found this guy who writes some articles on gig work, and he talked about having access to bots for Instacart. AdvertisementThe biggest reason I purchased it was because you just have to keep refreshing the screen to get orders on Instacart. AdvertisementAn Instacart spokesperson told BI: "This shopper was deactivated from our platform for blatant and abusive violations of our terms of service." Do you work for Instacart, DoorDash, Walmart Spark, or another gig delivery service and have a story idea to share?

Persons: Ted Rosner, That's, Instacart, I've, it's Organizations: Service, Business, Walmart Locations: Washington, DC, Instacart, DoorDash

☆ I was skeptical about introducing video games to my 3 young kids. I found an option that keeps them moving while playing.
▼ + stars: | 2024-05-18 | by ( Conz Preti | ) www.businessinsider.com time to read: +4 min

When I became a parent, I realized that too much screen time was not good for my kids' developing brains. But my oldest, aged 6, kept asking to play video games because all his friends were already doing it. A video game system that gets kids movingI felt a little hypocritical for not allowing my son to play video games after my husband and I spent so much time doing so growing up. The video game console has a camera that records your movement, and instead of using a remote to play games, you use your body. We've reserved playing video games when it's raining or snowing outside, and they can't ride their scooters around our neighborhood.

Persons: —, doesn't, It's Organizations: Service, Nintendo, Business

☆ A renowned market bear who called the dot-com bubble warns Wall Street groupthink is wrongly leading investors to abandon recession forecasts — and says a 'policy disaster' is brewing as the Fed keeps
▼ + stars: | 2024-05-18 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Various labor market indicators are also showing growing weakness in the economy, he said. Societe GeneraleNational Federation of Independent Business data shows further labor market weakness is likely to come, as small business hiring plans continue to fall. Both stats would suggest a rising unemployment rate going forward. In the meantime, the labor market has consistently proven resilient despite high interest rates, and stocks have enjoyed an eye-popping rally to new highs. Some also argue that labor market data points like the rising unemployment rate have to be shown with context.

Persons: —, Albert Edwards, didn't, Edwards, aren't, we'll, Societe Generale Edwards, Bob Elliott, groupthink Edwards, Alan Greenspan Organizations: Service, Societe Generale, Wall, Business, Societe Generale National Federation of Independent Business, ING, Generale, Unlimited Partners, Bridgewater Associates, of Labor Statistics, Tech

☆ I travel alone with my 4 kids all the time. Here are my 8 tried and true tips.
▼ + stars: | 2024-05-18 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +5 min

I knew if I wanted to travel with my kids, I would have to find a way to do it on my own. I've been traveling solo with my kids for more than 15 years and have a system that works. I also get snacks for myself since it's easy to overlook my own needs while traveling solo with kids. AdvertisementWe travel lightlyI've always been committed to traveling carry-on-only and doubled down on this commitment when traveling solo with kids. When traveling solo with kids, it's not possible to hand off the kids while I explore something on my own, so this is essential.

Persons: —, I've, Taco, Burger, it's Organizations: Service, Business, TSA, Taco Bell, Gladiator School Locations: Europe

☆ I tried Princess Cruise's premier package. At just $80 a day, it's one of the best deals at sea.
▼ + stars: | 2024-05-17 | by ( Jill Schildhouse | ) www.businessinsider.com time to read: +7 min

AdvertisementBut all that changed the moment I discovered the Premier Cruises' Premier Princess package on Princess Cruises during a family vacation on the Regal Princess in December. Although my parents, brother, and brother's girlfriend went à la carte with their onboard purchases, my fiancé and I ordered the premier package. Here's why it may be worth considering if you're planning to sail with Princess Cruises. AdvertisementAt first glance, that sounds like a significant additional line item — but not when you compare the included items to the cruise's à la carte costs. If you're keeping tabs, I've now accounted for more than the cost of the premier package with just drinks, gratuities, and WiFi.

Persons: —, I'd, brother's, Fee, Jill Schildhouse, I'm, Rudi Organizations: Service, Business, Premier Cruises, Princess Cruises, Regal, Cruises, Yoga Locations: Barre, Caribbean

☆ Free Speech Becomes a New Battleground in Abortion Litigation - The New York Times
▼ + stars: | 2024-05-17 | by ( Linda Greenhouse | ) www.nytimes.com time to read: +2 min

There has hardly ever been as fierce a defender of free speech as the current Supreme Court. The court’s version of free speech has become a powerful tool against government regulation. In his majority opinion, Justice Clarence Thomas said the “unduly burdensome” requirement amounted to unconstitutionally compelled speech. Now the question is whether the court’s solicitude toward those who would rather not talk about abortion extends in the other direction. What about state laws that prohibit rather than require offering information about where to get an abortion?

Persons: John Roberts, Janus, Elena Kagan, “, Clarence Thomas Organizations: . American Federation of State, Municipal Employees, ” Locations: . American Federation of State , County, California

☆ New Miss USA Savannah Gankiewicz said her decision to take the crown was 'not made lightly' after the Miss Teen USA runner-up declined
▼ + stars: | 2024-05-16 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +5 min

On May 9, the Miss USA organization announced that Gankiewicz would become Miss USA following Voigt's resignation. She also told the outlet she's only had positive experiences with both Miss Hawaii USA and Miss USA. AdvertisementThe Miss Teen USA first runner-up didn't accept her crownTwo days after Voigt gave up her title, Miss Teen USA UmaSofia Srivastava also resigned. Miss USA Noelia Voigt and Miss Teen USA UmaSofia Srivastava both resigned. Chance Yeh/Getty Images for Supermodels UnlimitedHer crown was offered to Stephanie Skinner, the first runner-up in the Miss Teen USA pageant and Miss Teen New Jersey for 2023.

Persons: —, Gankiewicz, Noelia Voigt, Miss Teen USA UmaSofia Srivastava, Voigt, Josh Green, Miss USA, It's, They've, didn't, Chance Yeh, Stephanie Skinner, Skinner, Claudia Michelle, Colorado Arianna Lemus, BI's Anneta Konstantinides, Srivastava, NDAs, Jackeline Voigt, Barbara Srivastava, Miss USA's, Laylah Rose Organizations: Service, Miss USA, Miss Hawaii, Miss Teen USA, Business, Miss, CNN, Miss Hawaii USA, Teen USA, Miss Teen Locations: Miss USA, Hawaii, Honolulu, Miss Teen New Jersey, Instagram

☆ 4 powerful mindset shifts that actually save you money, according to a financial therapist
▼ + stars: | 2024-05-16 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

While everyone's financial situation is different, there are mindset shifts that can help anyone save more, whether they're a cushy DINK or an ALICE living paycheck to paycheck. She said some people can try to "white-knuckle" their financial goals, believing that once they reach them, they won't have to worry about money again. AdvertisementClayman shared a few simple mindset shifts that have helped her clients when faced with different financial issues. Process your disappointmentsIf you feel overwhelmed by the idea of budgeting, Clayman said you should get to the root of why you're overwhelmed. You need a deeper reason to stick to your goals if saving money will require both working a lot and turning down some fun experiences.

Persons: —, DINK, ALICE, Amanda Clayman, isn't, Clayman, it's Organizations: Service, Business

☆ A former Bridgewater executive shares his 2 highest-conviction trades right now — and breaks down why the US labor market remains exceptionally strong despite apparent signs of weakness
▼ + stars: | 2024-05-15 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Another common worry among investors is the risk that elevated interest rates pose to the labor market and overall economy. AdvertisementThat difference is that prior cycles have been driven by lending, Elliott said. Lending growth fueled economic expansions and drops in lending led to economic contractions. He said it can act as a hedge against the Fed cutting rates too early with the economy still strong. AdvertisementInvestors can gain exposure to gold through funds like the SPDR Gold Shares (GLD) and the iShares Gold Trust (IAU).

Persons: St, Louis, Bob Elliott, Elliott, Louis Fed, It's Organizations: Service, Unlimited Funds, Bridgewater Associates, Federal Reserve, Treasury, Trust

☆ Bank loan loss reserves are high. What that means for the economy and earnings
▼ + stars: | 2024-05-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Loan loss reserves have perked back up in recent quarters and are at roughly 1.75% of loans outstanding, according to MRB Partners. If the economy only modestly slows, as many economists expect, new loan loss reserves could be smaller in the future. This situation comes as bank earnings were generally better than expected for the first quarter. Lauren Goodwin, chief market strategist and economist at New York Life Investments, agreed that a potential slowing or reversal of loan loss reserves would be positive for bank earnings but said she is cautious about bank profitability more broadly. To be sure, banks may need to increase their loan loss reserves if the economic outlook gets worse.

Persons: Banks, Bob Elliott, Salvatore Ruscitti, Ruscitti, Lauren Goodwin, Goodwin, they're, Unlimited's Elliott Organizations: MRB Partners, Funds, Bank, P Bank ETF, New York Life Investments Locations: Bridgewater, MRB

Google I/O 2024 "should assuage fears over [Alphabet's] AI competitive position," analysts at Oppenheimer wrote in a research note to clients on Wednesday. Here's the full list of Alphabet's AI updates. "I was using Google Search versus using ChatGPT … [and] ChatGPT was so much more thorough than Google without ads. The next big question in AI: Who will Apple choose to partner with for its own AI features? Google CEO Sundar Pichai speaks at the Google I/O developer conference.

Persons: Goldman Sachs, Oppenheimer, Bard, Jim Cramer, Siri, Alexa —, Sundar Pichai, ChatGPT, Jim, Goldman, Jim Cramer's, Andrej Sokolow Organizations: Citi, Google, Wednesday, ChatGPT, Microsoft, Gmail, Gemini, Apple, Developers, CNBC, Getty

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