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☆ This is not the dot-com bubble and Nvidia's valuation is still 'compelling,' says Bank of America
▼ + stars: | 2024-06-20 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Bank of America warned against seeing Nvidia as a potential long-term pullback victim while cautioning that today's artificial intelligence boom is altogether different from the 1990s dot-com bubble. Nvidia briefly rallied 3.8% on Thursday, helping send the S & P 500 above 5,500 for the first time, only to later retreat as much as 3.8%. Additionally, Arya pointed to demand among cloud customers for Nvidia's new Blackwell AI accelerator systems. The analyst said on-premise enterprise and sovereign AI demand as well as software monetization is still in the "early stages." When all is said and done, Arya said that Nvidia's valuation is still "compelling."

Persons: Vivek Arya, Arya, Jensen Organizations: of America, Nvidia, Blackwell

☆ Copa América 2024: Lionel Messi’s final ‘Last Dance’ with Argentina?
▼ + stars: | 2024-06-20 | by ( Matias Grez | ) edition.cnn.com time to read: +10 min

CNN —For just the second time in the tournament’s 108-year history, the Copa América will be played outside of South America. “Today, all I think about is to get well to the Copa América and play it. The squad for the 2024 Copa América is largely inexperienced, with 15 players on less than 10 caps for their country. UruguayPerennial overachiever Uruguay once again goes into a Copa América among the favorites to win the title. The nation of just 3.5 million people holds the joint record alongside Argentina for most Copa América titles won with 15.

Persons: Lionel Messi’s, Messi, ”, ” Messi, Ángel Di María, Catherine Ivill, Lionel Scaloni, “, he’s, ” Scaloni, Leo, Di María, West Ham’s Lucas Paquetá, Neymar, Brazil’s, Vinícius, –, Fernando Diniz, Dorival Júnior, Vinícius Jr, Marcelo Bielsa, Argentina –, Ander Gillenea, Luis Suárez, Giménez, Ronald Araújo, Federico Valverde, Matt Turner, Tim Weah, Christian Pulisic, Yunus Musah, Folarin Balogun, Ron Jenkins, Gregg Berhalter’s, ’, Juan Antonio Pizzi, Ricardo Gareca, Marcelo Hernandez, Alexis Sánchez, Claudio Bravo, Arturo Vidal, Gary Medel, Cafeteros, Gonzalo Arroyo Moreno, Luis Díaz, James Rodriguez, David Ospina, Yerry Mina Organizations: CNN, Copa, CONMEBOL, CONCACAF Nations League, Nations League, América, Brazil, Messi, Argentine, Star, “, Copa América, ”, Beijing, Getty, England, USA, Real, La Liga, League, overachiever, Argentina, CONCACAF, US, Panama, Uruguay, Copa Américas, Roja, La Roja, Qatar Locations: South America, United States, US, Mexico, Canada, Jamaica, Panama, Costa Rica, Lionel Messi’s Argentina, Qatar, Argentina, Chile, Brazil, Spain, Real Madrid, Uruguay, overachiever Uruguay, AFP, Colombia, Washington, Bolivia, Russia, Peru, Paraguay, Albania, France, Marseille, Colombia Colombia

☆ Voyager 1 resumes study of uncharted cosmic territory after computer glitch
▼ + stars: | 2024-06-18 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

Currently the farthest spacecraft from Earth, Voyager 1 stopped communicating coherently with mission control in November 2023. However, data from Voyager 1’s four science instruments, which study plasma waves, magnetic fields and particles, remained elusive. On May 19, the Voyager team sent a command to the spacecraft to start returning science data. Now, all four instruments are beaming back usable science data, according to an update shared by NASA on June 13. )”Long-lived space missionsMeanwhile, Voyager 1 is back to doing what it does best: Sharing insights from uncharted cosmic territory.

Persons: “, ” Long, Suzanne Dodd, ” Dodd Organizations: CNN, NASA, Voyager, Jet Propulsion Laboratory, JPL, Neptune Locations: Pasadena , California

Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. The firm is aiming to raise $1 billion, with Cohen himself and Point72 employees expected to contribute, the person added. He has called AI a "really durable theme" for investing, comparing the rise to the technological developments in the 1990s. I think the markets are discounting some of what we … think AI is going to do for companies," the Point72 founder said in a CNBC interview in April. Cohen said his investment firm found a way to save $25 million by using large language models such as ChatGPT to improve efficiency.

Persons: Steve Cohen, Steve Cohen's Point72, Cohen, Point72 Organizations: CNBC, Bloomberg News, Nvidia, Mets

☆ Evercore ISI upgrades its S&P 500 outlook to the highest on Wall Street as it says the AI revolution is just getting started
▼ + stars: | 2024-06-17 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The firm raised its year-end S&P 500 target to 6,000 and said the index could hit 7,000 by 2025. Evercore strategist and managing director Julian Emanuel increased his year-end S&P 500 price target to a new high on Wall Street at 6,000 in a note on Sunday. Emanuel forecasts S&P 500 EPS growth of 8% and 5% in 2024 and 2025, respectively. The S&P 500 trading at 6,000 would imply a 25x trailing 12-month price-to-earnings multiple based on Emanuel's EPS estimate of $238 per share. AdvertisementIf the high valuation multiples persist, the S&P 500 could rise 31% to 7,000 by the end of 2025.

Persons: —, Julian Emanuel, Emanuel, it's, Tom Lee Organizations: ISI, Service

☆ Bank of America's clients are increasingly worried about a stock market peak. Here are 10 indicators to identify a top — and the best investing approach for when it unfolds.
▼ + stars: | 2024-06-17 | by ( Christine Ji | ) www.businessinsider.com time to read: +7 min

So that's what the bank did, listing 10 signals that they found to be most reliable, as well as the best investing approach for a market peak. The index has reached 110 within the six months preceding every market peak since July 1990, and in January 2024, it reached 111. ValuationElevated stock valuations are also telling of a market peak, but Bank of America's indicators relating to P/E ratios aren't currently triggered. A third macroeconomic indicator, Bank of America's Credit Stress Indicator (CSI), is not triggered. It often drops below 0.25 within six months of a market peak, but sits at 0.39.

Persons: —, Savita Subramanian, America quantifies Organizations: Service, Bank of America, Business, Conference, Bank of America Investor, Bank, America, The Conference Board, SSI, Wall Street, of America's, CSI Locations: today's

☆ AI hype is supportive of stock valuations, but cracks are emerging elsewhere, warns Schwab's Sonders
▼ + stars: | 2024-06-17 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

But while fundamental factors around these names are supportive of their multiples, the market isn't in the all-clear zone, according to Charles Schwab chief investment strategist Liz Ann Sonders. "AI and its enthusiasm — I think that's very legitimate," Sonders told CNBC's " Squawk on the Street " on Monday. "At this stage in the game, the trajectory of earnings, you could argue, is supportive of valuations." In contrast to the dot-com bubble, the current AI rally has much stronger fundamental factors correlated to momentum, Sonders said. "You're looking at the party of stocks and what they're doing, or just what the index is doing courtesy of a very small number of stocks," Sonders said.

Persons: Charles Schwab, Liz Ann Sonders, Sonders, CNBC's, brining Organizations: Nvidia

☆ Tesla is the biggest stock bubble in history and shares are headed to $15, short seller says
▼ + stars: | 2024-06-17 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Lekander predicted the EV maker's stock would plunge to $15 a share, implying a 91% decline. Tesla stock represents one of the greatest bubbles in history, he said. Earnings are falling off a cliff," he added, estimating Tesla's earnings could fall as much as 50% this year. Lekander, who has been shorting Tesla stock since 2020, echoed other Tesla bears, who have criticized the stock's lofty valuation and predicted a coming correction. AdvertisementIf the company reports losses for two quarters in a row, the stock could easily see losses in the double-digits, Lekander predicted.

Persons: Lekander, —, Tesla Organizations: EV, Service, Energy, Yahoo Finance

☆ Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here's what 5 forecasters are saying about a potential crash.
▼ + stars: | 2024-06-16 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +6 min

Here's what five forecasters have to say about the latest rally — and why they think the stock market is headed for a fall. In 2009, he wrote a book predicting a stock market crash and ensuing economic depression, which he said could last for 10 years or more. The research firm is predicting the S&P 500 could see a steep correction following a rally to 6,500. Yet, that could end up being an excellent opportunity for investors who are diversified in other areas of the market, Bernstein said. AdvertisementTypically, there are eight warning signs of a market bubble forming, and six of them have already flashed, the bank said.

Persons: Stocks, —, haven't, Harry Dent Stocks, Harry Dent, Dent, John Higgins, Higgins, John Hussman, Hussman, Richard Bernstein, Bernstein Organizations: Service, Nasdaq, Apple, Nvidia, Fox Business Network, Stocks, Capital Economics, John Hussman Elite, UBS

☆ What Warren Buffett said about GameStop mania then, as the frenzy returns in 2024
▼ + stars: | 2024-06-16 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Meme stock and erstwhile videogame retailer GameStop is back in the limelight as Reddit ringleader Roaring Kitty stirs up another trading frenzy. Warren Buffett commented at length about the speculative behavior during the first GameStop mania in 2021. Then, the "Oracle of Omaha" called the stock market a gambling parlor for retail investors, encouraged by Wall Street's investment banks and brokerages. "It's become a very significant part of the casino group that has joined into the stock market," Buffett said at 2021's Berkshire annual meeting . Options trading in GameStop exploded after Roaring Kitty, whose legal name is Keith Gill, touted his large positions in those risky vehicles.

Persons: Kitty, Warren Buffett, Wall, It's, Buffett, They've, Keith Gill, John Maynard Keynes Organizations: GameStop, Berkshire, Citadel Securities Locations: Omaha

☆ Investors are hoarding cash, a tidal wave of non-tech earnings is quietly rising, and 3 other fascinating takeaways from JPMorgan Asset Management's mid-year outlook
▼ + stars: | 2024-06-15 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

Since then, those technology titans have crushed the rest of the market in earnings growth and returns. By contrast, the other 493 stocks in the S&P 500 saw their earnings fall in 2023. The firm is calling for 17% earnings growth in the fourth quarter, both for stocks in and out of the Magnificent 7. All 11 market sectors will enjoy earnings growth in Q4 for the first time since Q2 of 2021, according to JPMAM's projections. That includes healthcare, energy, and materials, which saw earnings decline earlier this year.

Persons: Tesla, Stocks, Santos, JPMAM Organizations: Asset Management, Apple, Meta, Microsoft, Nvidia

☆ A famed economist who called the 2008 recession shares 3 ways stocks resemble some of the biggest bubbles in history — and warns 2 'bona fide' recession signals showed up in May's jobs data
▼ + stars: | 2024-06-15 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Investors are currently reveling in the 'better', as an ongoing eight-month melt-up once again pushed the S&P 500 to fresh highs this week. But sooner or later, the 'worse' will come, warns David Rosenberg, the founder of Rosenberg Research, who famously called the 2008 recession while working as Merrill Lynch's chief economist. AdvertisementAnother sign the market is out over its skis is the performance divergence between the market cap-weight and the equal-weighted S&P 500 indexes. On June 12, the Dow underperformed the S&P 500 by 0.94%, one of only 71 trading days since 1982 where that's happened, according to Rosenberg's technical analysis consultant, Walter Murphy. AdvertisementIn addition to concerning market technicals, fundamentals could also be in a troubling place in the form of labor market weakness, Rosenberg said.

Persons: —, David Rosenberg, Merrill Lynch's, Rosenberg, Bob Farrell, Walter Murphy, Murphy, — Rosenberg, it's, Louis Fed, Piper Sandler Organizations: Service, Rosenberg Research, Business, Tech, Dow Jones, Dow, Nvidia, Microsoft, Apple, Federal Locations: lockstep

☆ My husband was a stay-at-home dad for a year. I learned about the double standards that exist for working dads and moms.
▼ + stars: | 2024-06-15 | by ( Marylou Costa | ) www.businessinsider.com time to read: +6 min

The financial freedom to have just one parent working for an entire year is not something I have taken lightly. That's why, when my husband made the choice to be a stay-at-home dad, I didn't want to just be unavailable all day, buried in work. MaryLou Costa pitched in while her husband was a stay-at-home dad. Courtesy MaryLou CostaI learned a lot about double standards while my husband was a stay-at-home dadWhile my husband was a stay-at-home dad, it opened my eyes to double standards. It's something dads are often congratulated for, yet it's expected of working moms.

Persons: wasn't, it's, We've, —, we're, We're, MaryLou Costa, Costa, we've, MaryLou, Costa It's, that's Organizations: Service

☆ Jared Kushner's post-White House deal-making included badly timed bet on Amazon aggregator
▼ + stars: | 2024-06-14 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +16 min

Kushner started Affinity in 2021, shortly after leaving his advisory role in the White House alongside his wife, Ivanka Trump. Neumann, who was ultimately ousted from WeWork by top SoftBank execs, introduced Kushner to Unybrands early the following year. Affinity's investment in Unybrands, which hasn't previously been reported, was one of the private equity firm's earliest deals. Following a continued slide, the company laid off roughly 10% of its staff in November 2022, according to people familiar with the matter. The House Oversight Committee launched an investigation into the investment in 2022, looking into whether Kushner's financial interests influenced Trump's foreign policy.

Persons: Jared Kushner, Alex Brandon, Kushner, Weeks, Ivanka Trump, Trump, Saudi Crown Prince Mohammed bin Salman, Jamal Khashoggi, WeWork, Adam Neumann, Neumann, Unybrands, hasn't, —, Catterton, Jason Somerville, Somerville, it's, didn't, headcount, Donald Trump, Gary Cohn, Crown Prince, Mohammed bin Salman, Jonathan Ernst, Crown Prince Mohammed bin Salman, Carolyn Maloney, Ron Wyden, Kushner didn't, Ulrich Kratz, Goldman Sachs, Kratz, Kushner's, Ian Brekke, Asad Naqvi, Bret Pearlman, Roger McNamee, Max Fink, Neumann's, Brekke, Naqvi, Pearlman, Fink, Shahar Azran, Eugen Miropolski, Robyn Laguette, Mark Goldfinger, Joe Biden, Lex, Jeff Bezos, Sam Altman, Ye, I've Organizations: U.S . Capitol, Capitol, Reuters, Affinity Partners, Companies, White House, Affinity, Saudi Crown, Unybrands, WeWork, CNBC, Amazon, BlackRock, Khosla Ventures, GW Partners, Saudi Arabia's Public Investment Fund, United Arab, Saudi Arabia's, Crown, Ritz Carlton Hotel, Saudi, Republicans, Crayhill Capital Management, Barclays, Goldman, Kushner, Investments II, Blackstone, Partners, Financial Services, CNBC it's, Israeli American Council, IAC, Getty, Kanye Locations: Washington, Amazon's, South Florida, Miami, Silicon Valley, Saudi, Saudi Arabia, Unybrands, United Arab Emirates, Qatar, Riyadh, Yemen, American, Austin , Texas, Gulf, Israel

☆ How the Paris Olympics could become a super-spreader event for dengue
▼ + stars: | 2024-06-14 | by ( Analysis Mark Booth | ) edition.cnn.com time to read: +5 min

The Conversation —In September 2023, several people came down with dengue fever in Paris, France. Aedes has spread considerably further than in 2016, and the number of dengue cases worldwide has increased dramatically in the same period. For the Paris Olympics to become a super-spreader event, several factors must overlap. Most dengue cases are asymptomatic. At the Rio Carnival this year, a dengue outbreak just days before the event led to a public health emergency being called, but the event wasn’t cancelled.

Persons: Mary ”, Mary Mallon, Dr, Sanjay Gupta Organizations: CNN, Tokyo Olympics, Paris Olympics, Olympics, CNN Health Locations: Paris, France, Europe, COVID, Hunan Province, China, Peru, Brazil, Africa, Aedes

☆ Stock splits are back in fashion. Here's why, and which companies could be next
▼ + stars: | 2024-06-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Stock splits, long out of favor, are making a comeback. Notable stock splits in 2024(when distributed)Walmart 3-1 2/23/24Cooper Companies 4-1 2/16/24Texas Pacific Land 3-1 3/27/24Old Dominion Freight Line 2-1 3/27/24Nvidia 10-1 6/7/24Amphenol 2-1 6/11/24Chipotle Mexican Grill 50-1 6/25/24Broadcom 10-1 7/12/24Williams-Sonoma 2-1 7/8/24Cintas 4-1 9/11/24Sony Group 5-1 10/8/24Lam Research 10-1 10/3/24Why the comeback in stock splits? Stock splits are far less common now than 20 or 30 years ago. During the tech and internet bubble of the late 1990s, stock splits were common. By the mid-2000s, roughly 5% of the Russell 1000 members split their stock each year, and after the great financial crisis from 2008-2009, stock splits practically ceased.

Persons: Williams, David Kostin, Goldman Sachs, Russell, Chipotle Organizations: New York Stock Exchange, Stock, Walmart, Sonoma, Broadcom, Cooper, Pacific, Dominion Freight, Sony, Institutional, Nvidia, Risk, Financial Management, Lam Research, Booking Holdings, Costco, Micro, Spotify Locations: Williams, Sonoma

☆ Mars Got Cooked by a Recent Solar Storm
▼ + stars: | 2024-06-13 | by ( Robin George Andrews | ) www.nytimes.com time to read: 1 min

When they slammed into Earth’s magnetic bubble, the world was treated to iridescent displays of the northern and southern lights. But our planet wasn’t the only one in the solar firing line. A few days after Earth’s light show, another series of eruptions screamed out of the sun. This time, on May 20, Mars was blitzed by a beast of a storm. Observed from Mars, “this was the strongest solar energetic particle event we’ve seen to date,” said Shannon Curry, the principal investigator of NASA’s Mars Atmosphere and Volatile Evolution orbiter, or MAVEN, at the University of Colorado, Boulder.

Persons: Mars, ”, Shannon Curry Organizations: University of Colorado Locations: University of Colorado , Boulder

☆ How to invest in India, the world's fastest-growing major economy
▼ + stars: | 2024-06-13 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +10 min

India has been dubbed the "perfect" emerging market to invest in, but it can be tricky for those outside the country to gain access. India's stock market has been making headlines this year, and for good reason. "India remains one of the best-performing equity markets this year, underpinned by the world's fastest-growing major economy and a resilient macro backdrop," said James Thom, senior investment director Asian equities at Abrdn, in a note to clients. Some of the top ETFs in North America include the Columbia India Consumer ETF , the First Trust India NIFTY 50 Equal Weight ETF and the BMO MSCI India ESG Leaders Index ETF . In Europe, the list includes the iShares MSCI India UCITS ETF , which provides exposure to around 85% of the stock market, and the Xtrackers MSCI India Swap UCITS ETF Capitalisation 1C .

Persons: Krishnamurthy Subramanian, Narendra Modi's, Kevin T, Carter, Goldman Sachs, James Thom, aren't, GDRs, Arjun Jayaraman, there's, Jayaraman, Abrdn's Thom, Surendra Goyal, Thom, EMQQ Global's Carter, Modi's, it's, Jonathan Pines, — CNBC's Ganesh Rao, Tuul, Bruno Morandi Organizations: CNBC Pro, IMF, Bharatiya Janata Party, EMQQ, CNBC, Wealthmills Securities, Global, Causeway, Mutual, Columbia India Consumer ETF, First Trust India, BMO, India, Nasdaq, Investors, Nokia, Bank of America, Citi, Edge, Reliance Industries, U.S ., Bank of India, Network18, Bank, Getty Locations: India, China, North America, Europe, Singapore, U.S, Indian, Chhatrapati Shivaji Terminus, Mumbai

☆ CNBC's Inside India newsletter: IPO boom looks to break new records
▼ + stars: | 2024-06-13 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

The spotlight has seemingly shifted in the past year toward companies going to market, hoping to ride on the coattails of India's growth story. Growing foreign listingsThe allure of India's stock markets has trickled to companies beyond its shores — with foreign entities eyeing a share of its growth. Such listings add strength to India's markets, says M&G Investment's Asian Equities Portfolio Manager Vikas Pershad. The optimism on India's IPO boom is sometimes marred by concerns over elevated valuations of its stock market — and whether it is headed toward a bubble. "When we look at India, we see continued economic and earnings per share growth and higher levels of profitability," Dorson from Global X told CNBC's Inside India.

Persons: Swiggy, Debarchan Chatterjee, Neil Bahal, Dhruba Jyoti Sengupta, Ola, PhonePe, Ola Electric, Sengupta, Vikas Pershad, Malcolm Dorson, CNBC's Organizations: Getty, Reliance Industries, Adani Enterprises, Mankind Pharma, Negen, Securities, Exchange Board, Wrise Private, Aakash Educational Services, Aakash Educational, Walmart, United Arab, Hyundai, Insurance Corporation of India, Maruti Suzuki, Hindustan Unilever, Siemens, ABB India, Global Locations: Kolkata, India, SEBI, United Arab Emirates, Sri Lanka, Hyundai India, India's, Maruti Suzuki India, Hindustan

☆ The tech momentum trade that's pushing stocks to records can last a lot longer, Jeremy Siegel says
▼ + stars: | 2024-06-13 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The tech momentum trade driving market gains is likely to continue, says WisdomTree's Jeremy Siegel. AdvertisementThe tech momentum trade that has powered the stock market higher over the past year-and-a-half is likely to continue on for a lot longer than most expect, according to WisdomTree economist Jeremy Siegel. "I think that momentum trade on the tech and AI-related is still there. It takes a lot of bad news to break a momentum trade and we just haven't gotten it," Siegel said. "My forecast for three to five years on the entire stock market is 5% after inflation rate of returns.

Persons: WisdomTree's Jeremy Siegel, Siegel, —, Jeremy Siegel, Carson Group's, Wharton …, overvalued Organizations: Service, CNBC, Nvidia, Broadcom, it's

☆ A way to play the emerging AI enthusiasm in cybersecurity stocks using options
▼ + stars: | 2024-06-11 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

As the AI bubble turns into a mania and AI shifts to the cloud, many companies can benefit indirectly from this boom. Since that stock has already hit new highs, I am looking to participate in this sympathy move by using another cybersecurity darling, Palo Alto Networks (PANW) , as a proxy trade. A bullish price momentum accompanied by an increasing RSI indicates the strength of the move. The trade To bet bullish on PANW, the trade structure I have used here is called a "bull call spread". BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: CrowdStrike, bullish, PANW, Jay Powell's Organizations: Alto Networks Locations: PANW

☆ Mega-cap stocks are overvalued and risk a big correction, according to a CIO. Here's why that presents a 'monstrous' buying opportunity.
▼ + stars: | 2024-06-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The stock market's leaders are overvalued and could suffer a big correction, RBA's Richard Bernstein said. The RBA chief investment officer pointed to a discrepancy between the debt and equity markets, which could hint at a soon-to-come market correction. But, only a narrow group of stocks are dominating the equity market, which implies profits aren't expanding for most companies. While large-cap stocks tanked during the lost decade of the 2000s, small-cap, energy, and emerging market stocks did exceedingly well. In a previous note, he said the stock market's shifting leadership from the most-hyped names to underloved equities presents once-in-a-generation opportunity for investors.

Persons: RBA's Richard Bernstein, —, Richard Bernstein, Bernstein, Goldman Sachs, Goldman Sachs Research Bernstein, Russell Organizations: Service, Wall Street, Apollo, Bloomberg, Goldman Sachs Research, Nasdaq

☆ Marjorie Taylor Greene creates headaches for House GOP as leaders weigh how much attention to give the Trump loyalist
▼ + stars: | 2024-06-11 | by ( Melanie Zanona | Annie Grayer | ) edition.cnn.com time to read: +10 min

And I’m not leaving,” Greene told CNN of what she relayed to Comer, a Kentucky Republican. GOP Rep. Don Bacon of Nebraska framed the internal debate over how to handle Greene in familial terms: “You can only do so much. The American people don’t give a sh*t,” Greene told CNN last week after her meeting with Johnson. It’s not the first time Greene has tried the unpopular move of undermining the committee process and House GOP leadership. “I don’t think that you cure one hasty ill-advised action with another,” GOP Rep. Nick LaLota of New York said of Greene’s proposals.

Persons: Marjorie Taylor Greene, Kevin McCarthy, Mike Johnson, Greene, Johnson, Georgia Republican —, —, Donald Trump’s, Joe Biden, of Justice —, Carlos Giménez, MAGA, General Merrick Garland, Jasmine Crockett’s, James Comer, “, ” Greene, Comer, ”, Lauren Boebert, Bob Good, Ron DeSantis, “ I’ve, “ I’m, Ralph Norman of South, McCarthy, Don Bacon of Nebraska, Trump, Biden, It’s, Alejandro Mayorkas, impeaching, impeaching Biden, Nick LaLota, ” Johnson, Anthony Fauci, Brad Wenstrup, Wenstrup Organizations: CNN, GOP, Republican, Georgia Republican, Caucus, GOP Conference, of Justice, Republicans, Trump, Democratic Rep, Kentucky Republican, Florida Gov, Ralph Norman of South Carolina, impeaching Department of Homeland, Democratic, Justice Department, Ohio Republican Locations: Florida, Las Vegas, Kentucky, Colorado, Virginia, “, MAGA, New York

☆ King Charles’ first official portrait vandalized by activists
▼ + stars: | 2024-06-11 | by ( Niamh Kennedy | Louis Mian | ) edition.cnn.com time to read: +3 min

Video Ad Feedback Video shows King Charles' portrait being vandalized by activists 00:51 - Source: CNNLondon CNN —Activists from an animal rights group have vandalized the first official portrait of King Charles, currently on display in a London gallery. Campaign group Animal Rising posted a video on its social media channels on Tuesday showing two activists using a paint roller to stick signs over the portrait of the monarch. The painting, which is the first official portrait of King Charles as monarch, raised eyebrows when it was officially unveiled earlier this year. Activists covered the king’s head with a sign of British cartoon character Wallace, from the “Wallace and Gromit” comedy series. One British newspaper suggested the activist group chose “Wallace and Gromit” because of a remark made by Queen Camilla in 2012.

Persons: King Charles, Philip Mould, Jonathon Yeo, Wallace, “ Wallace, Gromit, Queen Camilla, Elizabeth’s, Camilla, Mould Organizations: CNN London CNN —, Royal Society for, RSPCA ., Clarence House, CNN Locations: London, British

☆ Welcome to the Era of the A.I. Smartphone
▼ + stars: | 2024-06-10 | by ( Brian X. Chen | ) www.nytimes.com time to read: +1 min

Every year, Apple and Google announce major software updates that bring new features to our smartphones, like cosmetic overhauls to the home screen, stronger privacy protections and fun messaging tools. This year, the changes will feel more radical because the companies are focusing on reinventing our phones with artificial intelligence. The new tools include a revamped version of its voice assistant, Siri, that is easier to talk to and an A.I. system that will generate images, create summaries of web articles and craft responses to text messages and emails. The change that will have a more immediate effect has to do with old-school text messages — also known as the green bubble.

Persons: Siri, —, Apple Organizations: Apple, Google

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