DIRS.INFO The most relevant business & tech news

☆ Insider Today: Big Tech battle royale
▼ + stars: | 2024-11-03 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda today:Related Video How Twitter panic took down Silicon Valley BankBut first: Takeaways from a big week in Big Tech. All about AI, all the timeGetty Images; Jenny Chang-Rodriguez/BIThe trillion-dollar giants of Big Tech reported earnings this week, beating estimates and committing billions to AI. The disappearing tech freebiesMint Images - David Arky/Getty, masterzphotois/Getty, Tyler Le/BIAfter years of upping the ante with everything from exercise classes to laundry services, tech companies are clamping down on freebies.

Persons: —, we'll, Jenny Chang, Rodriguez, Sundar Pichai, execs, Mark Zuckerberg, Natalie Ammari, Tesla, James Yates, David Arky, Tyler Le, BI's Graham Flanagan, Matt Garman Organizations: Business, Service, Big, Big Tech, Apple Apple, underwhelmed, Apple Intelligence, Meta Meta, Nvidia, Microsoft Microsoft, United States Army, Amazon Locations: Big Tech, China, Italy, Spain, New Zealand, Hawaii

☆ Stock futures inch lower as Wall Street readies for U.S. presidential election: Live updates
▼ + stars: | 2024-11-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures dipped in overnight trading Sunday as investors geared up for the highly-anticipated U.S. presidential election. S&P 500 futures and Nasdsq-100 futures edged lower. Stocks are coming off a strong start to November, with Amazon and big technology stocks boosting the tech-heavy Nasdaq Composite and S&P 500- 0.8% and 0.4%, respectively. Along with the election, Wall Street is bracing for the latest rate decision from the Federal Reserve. Earnings seasons presses on with about a fifth of the S&P 500 slated to report in the coming week.

Persons: —, Donald Trump, Kamala Harris, CFRA Research's Sam Stovall, CNBC's, We've, Jerome Powell, Sarah Min Organizations: Dow Jones Industrial, Amazon, Nasdaq, Dow Jones, NBC, U.S . House, Republican, Democratic, Federal Reserve, Traders, Micro, Moderna, CVS Health, Qualcomm, Wynn Resorts

☆ Top Wall Street analysts are confident about the long-term potential of these 3 stocks
▼ + stars: | 2024-11-03 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Top Wall Street analysts closely follow the key details of a company's quarterly results. (See Fiserv Financials on TipRanks)Boot BarnWe now move to Boot Barn (BOOT), a retailer of western and work-related footwear, apparel and accessories. Despite the beat-and-raise quarter, BOOT stock plunged as investors reacted unfavorably to the company's announcement about the planned departure of CEO Jim Conroy in November. Following the print, Baird analyst Jonathan Komp upgraded his rating for Boot Barn stock to buy from hold, while maintaining the price target at $167. (See Boot Barn Stock Charts on TipRanks)Chipotle Mexican GrillFinally, let's look at this week's third stock, restaurant chain Chipotle (CMG).

Persons: Ivan Feinseth, Feinseth, TipRanks, Jim Conroy, Conroy, Baird, Jonathan Komp, Komp, Chris O'Cull, O'Cull Organizations: Manhattan , New York City . Tech, Wall Street, Tigress, FI, Ross Stores Locations: Manhattan , New York City

☆ After their son came out as gay, these conservative Christian parents went into a closet of their own
▼ + stars: | 2024-11-03 | by ( John Blake | ) edition.cnn.com time to read: +37 min

But that’s not what happened to Greg Jr. That’s what happened to his parents, Greg Sr. and Lynn McDonald. One of them is a portrait of their son, Greg Jr., around the time his parents confronted him about his secret. An undated family photo shows Greg Jr., Greg Sr., Lynn and Connie McDonald. Courtesy Greg Sr. and Lynn McDonaldEven so, Greg Jr. learned to be quiet and blend in. They didn’t know how to answer this question: Can you still love God, the Bible and your gay son?

Persons: Greg McDonald Jr, “, you’re, ” Greg Jr, Betsy, Greg Jr, he’d, He’d, ”, that’s, Greg Sr, Lynn McDonald, Greg, ’, Austin Steele, ” Rob Bell’s, Charles Swindoll’s “, Ali Forney, –, PFLAG –, Lynn, ‘, McDonald, Hodges, Jon Cherry, Kahlib Barton, Barton, they’re, ” Barton, Connie, Grace ’, ” Greg Sr, He’ll, Connie McDonald, ” Lynn, James Dobson, ” Dobson, Jeff Fusco, ” Lynn McDonald, Abraham, Isaac, “ Wanna, Karen, David Gushee, ethicists, Gushee, ” Gushee, Gushee’s, Jesus, —, Lynn’s, ’ ’ ’ Lynn, David Quinones, Quinones, Deb, Josh, ” Quinones, David Quinones Quinones, ” David Quinones, Andy Stanley, Stanley, Sterling Graves, Albert Mohler, podcaster, Mohler, ” “, ” Mohler, Dominic Gwinn, ” Stanley, Andy, “ Greg Jr, ” Greg McDonald, ‘ We’re, Greg McDonald, They’ve, Patrick Potulski, Potulski, ” Potulski, Standing, he’s Greg Jr, Jon, doesn’t, John Blake Organizations: CNN, McDonalds, Christian, Ali, Supreme, Kentucky State Capitol, DePaul University in, DePaul, Fashion Institute of Technology, ”, Episcopal, North Point Community Church, North, “, Southern Baptist Theological Seminary, National Conservative Conference, Washington D.C, McDonald Locations: Grand Rapids , Michigan, America, Chattahoochee, Atlanta, Christian, Frankfort , Kentucky, DePaul University in Chicago, Philadelphia, Chicago, New York City, Duluth , Georgia, New Zealand, Georgia, North Point, Atlanta ., North, Washington, AFP, England, South Africa, Australia, Ethiopia, Poland

☆ Bill Clinton has hopes and fears on what comes after 2024 – for the country, the party and himself
▼ + stars: | 2024-11-03 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +19 min

Clinton speaks at a campaign rally in Durham, North Carolina, on October 17, 2024. His wife was the one whose loss put Trump in the White House, in a way that burns him still. Then again, Clinton said, he was “gobsmacked” that companies that said they’d pay to help with the transition never did. Clinton speaks during morning service at a church in Albany, Georgia, on October 13, 2024. Tim Walz appears with Clinton at the campaign rally in Durham, North Carolina, on October 17, 2024.

Persons: Bill Clinton, Kamala Harris, Joe Biden, Clinton, Harris, he’d, Donald Trump, John Deere, Biden, – Clinton, ” Clinton, Steve Helber, he’s, Trump, Tim Walz, JD Vance, Barack Obama – Clinton, “, Dwight Eisenhower, Eisenhower, ‘, Walz, Obama, CNN Clinton, megadonors, Norman Rockwell, Chokwe Pitchford, Clinton’s, Julia Beverly, –, America hadn’t, hadn’t, ”, “ We’re, he’s heartened, Logan Cyrus, you’re, “ It’s, George W, Bush, I’ve, nativism, Colin Allred, Republican Sen, Ted Cruz, ” Bush, Allred, ” Clnton, Ehud Barak, Yasser Arafat, Camp, Ralph Alswang, couldn’t, Yasser Arafat didn’t, audibly, I’m, isn’t, it’ll, Long, He’s, Jimmy Carter, it’s Harris, ’ ”, Hillary, We’re, you’ve, ’ Organizations: West Coast CNN, Democratic, Republican, CNN, America, Trump, Clinton . Technology, World Trade Organization, Getty, Trade, Republicans, Democrat, Senate, White House, Israeli, Camp David, Minnesota Gov, Convention Locations: Michigan, Arkansas, Europe, America, Durham , North Carolina, Muskegon Heights , Michigan, tailspins, South Haven , Michigan, Berrien County, Benton Harbor, Arizona, Georgia, Missouri, Kentucky, Louisiana, Virginia, China, Fort Valley , Georgia, Mexico, Albany , Georgia, AFP, Texas, Cruz, Maryland, Chicago, Battle Creek

☆ Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +4 min

Apart from making up for a shrinking labor force and the need to reduce workloads for drivers, the system also will help cut carbon emissions, she said. The plan in Switzerland involves an underground pathway, while the one being planned in London will be a fully automated system running on low-cost linear motors. Japan's shortage of truck drivers is worsening due to laws that took effect earlier this year that limit the amount of overtime drivers can log. The domestic transport capacity stands at about 4.3 billion metric tons, almost all, or more than 91%, by trucks, according to the Japan Trucking Association. As is true in most places, truck drivers have tough jobs requiring them to be on the road for days at a time, work that most jobseekers find unappealing.

Persons: Stanislav Kogiku, it's, Yuri Endo, Endo Organizations: Getty, Japan, Ministry of Land, Transport, Japan Trucking Association, Trucking Association Locations: Shinjuku , Tokyo, Tokyo, Osaka, Infrastructure, Tourism, Japan, Switzerland, Great Britain, London, U.S, United States

☆ The Rise of GodGPT: Religions Are Using Bots for Spiritual Formation
▼ + stars: | 2024-11-03 | by ( John Brandon | ) www.businessinsider.com time to read: +9 min

"Dealing with social anxiety can be challenging, but there are several approaches that might help," the bot responded. "Cathy represents our innovative approach to leveraging technology in support of spiritual exploration," says Rev. Lorenzo Lebrija, the founding director of TryTank and an Episcopal priest. But they've designed it to help spiritual seekers talk about subjects they feel "vulnerable or defensive" about. John Brandon is a journalist who has published over 15,000 articles on social media, technology, leadership, mentoring, and many other topics.

Persons: Cathy, It's, Lorenzo Lebrija, Lebrija, Andrew Doyle, Jesus, Chatbot Eli, Gita GPT, Father Justin, they've, Elon Musk, Joshua K, Smith, I'm Cathy, Sam Altman, Thomas Telving, Richard Zhang, I've, —, Rev, Doyle, Telving, John Brandon Organizations: TryTank Research, Episcopal, Episcopal Church, of, Gatorade, Google Locations: of Texas

☆ Stocks to play China's shopping festival — even if consumers spend less
▼ + stars: | 2024-11-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. The JPMorgan report initiated coverage of U.S.-listed ZTO Express , which the analysts said is China's largest express parcel player with more than 20% of the market. ZTO YTD mountain ZTO Express shares in the U.S. in 2024. Morgan Stanley is less bullish, rating J & T equal-weight while citing competitive risks in China and potential challenges in Southeast Asia. "Cuts on overseas profitability outlook has weakened our investment thesis," the Morgan Stanley analysts said.

Persons: JD.com, Morgan Stanley, ZTO, Morgan Stanley's, Nomura, Jet Li, Li, Michael Bloom Organizations: JPMorgan, YTO Express, STO Express, Yunda, T Global Express Ltd, ZTO's, ZTO Express, J, T Global Express, HK, Nomura, Hong Kong, Hong, CNBC Locations: Hong Kong, U.S, China, Southeast Asia, T Global Express Hong Kong

Vice President Kamala Harris tore into Speaker Mike Johnson, R-La., on Saturday for his comment that Republicans might seek to repeal the CHIPS and Science Act if they take control of Congress in the upcoming election. Now to get rid of the CHIPS Act,” Harris added. When asked whether Republicans will seek to repeal the CHIPS Act if they win the election, Johnson replied, “I expect that we probably will,” according to a video posted by a local journalist. “The CHIPS Act is hugely impactful here,” Williams said, vowing to “remind” Johnson “night and day” about the importance of the law. His only mistake was being honest.”The CHIPS Act passed Congress on a bipartisan basis and was signed into law by President Joe Biden in 2022.

Persons: Kamala Harris, Mike Johnson, “, ” Harris, Donald, ”, —, we’ve, Andrew Harnik, Johnson, Brandon Williams, Williams, ” Williams, ” Johnson, Evan Vucci, Harris, it’s, Trump, Ian Sams, Chuck Schumer, ” Arizona Democratic Sen, Mark Kelly’s, Jacob Peters, Joe Biden Organizations: Affordable, Micron, NY, Green New, Democrat, Republican, ”, ” Arizona Democratic, Commerce Department Locations: Milwaukee, New York, PA, MI, NC, ” Arizona

☆ North Korea is hoping bigger is better with its new intercontinental ballistic missile. Experts are skeptical.
▼ + stars: | 2024-11-02 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

North Korea said it tested a new long-range intercontinental ballistic missile this week. Related storiesPrior to this latest test, North Korea had last launched an ICBM test in December 2023, according to the James Martin Center for Nonproliferation Studies North Korea Missile Test Database. AdvertisementHowell said the latest test's reportedly longer flight time would suggest North Korea was "improving the sophistication of its delivery systems." "Through Moscow's assistance, North Korea has advanced its artillery and missile capabilities," Zelenskyy wrote. It comes as the US and South Korea held joint drone strike drills for the first time, South Korea's Yonhap news agency reported on Friday.

Persons: —, KCNA, Kim Jong Un, Read, kA8m36NARX, Kim Jong, Virginie Grzelczyk, Grzelczyk, Edward Howell, James Martin, Howell, Lee Sangmin, Sangmin, Volodymyr Zelenskyy, Zelenskyy Organizations: Service, NK News, Korea, NK NEWS, School of Social Sciences, Humanities, Aston University, Korea Foundation, Chatham, Pacific Program, James Martin Center, Nonproliferation Studies North Korea Missile Test, South Korea's Korea Institute for Defense Locations: Korea, Japan, Korean, North Korea, Chatham House's Asia, South, Ukraine's, South Korea

☆ Companies brace for Tuesday: Mentions of election surge on earnings conference calls
▼ + stars: | 2024-11-02 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Octavio Jones | ReutersExecutives at America's largest companies are talking publicly with investors about the presidential election more so than in recent cycles. The word "election" came up on 100 earnings calls of S&P 500 -listed firms between Sept. 15 and Oct. 31, according to FactSet. The U.S. presidential election is Tuesday Nov. 5. 'Prudent' clientsMultiple companies cited a feeling of unpredictability tied to the presidential race among consumers and business clients. To be sure, some of the "election" mentions this year were tied to unrelated events like enrollment periods for health care.

Persons: Blythe Andrews , Jr, Octavio Jones, Kamala Harris, Donald Trump, Richard Tobin, FactSet, John Butters, Harris, Trump, Harry Lawton, Hurricanes Helene, Andrew Watterson, Michael Bayley, Gary Hershorn, Stanley Black, Decker, Donald Allan, Decker's Allan, William Grogan, Jon Vander Ark, Eric Ashleman, hasn't, Nonfarm payrolls, Equifax, Mark Begor, Stephen Squeri, we've, Mark Parrell Organizations: Public, Reuters, America's, CNBC, U.S, Dover, Tractor Supply, Hurricanes, Southwest Airlines, Royal, Hollywood International Airport, Corbis, Republican, Republic, Boeing, Tyler Technologies, American Express, Equity Locations: Tampa , Florida, U.S, Milton, Royal Caribbean, Fort Lauderdale, Fort Lauderdale , Florida, America, China

☆ Morgan Stanley has a new innovation chief. Expect more OpenAI-like partnerships.
▼ + stars: | 2024-11-02 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

AdvertisementWhen Morgan Stanley and OpenAI announced their blockbuster partnership at the beginning of 2023, it signaled a competitive advantage for the Wall Street bank. Morgan Stanley, since then, has co-developed a handful of generative AI tools with the AI powerhouse for its lucrative wealth-management business. Morgan Stanley is far from the only financial firm using OpenAI. In his new role, Manahan oversees the bank's innovation council, which launched at the beginning of the year. The council is dedicated to identifying the bank's technology focuses.

Persons: Sean Manahan, Morgan Stanley's, —, Morgan Stanley, OpenAI, Andy Saperstein, Jeff McMillan, Manahan, Morgan Stanley execs Organizations: Service, York, Tech, Big Tech, Morgan Locations: Silicon Valley, Manhattan, Manahan, New York

☆ Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
▼ + stars: | 2024-11-02 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The Omaha-based conglomerate held $69.9 billion worth of Apple shares at the end of September, according to its third-quarter earnings report released Saturday morning. That implied Buffett offloaded approximately a quarter of his stake with about 300 million shares remaining in the holding. Warren Buffett sold another big chuck of his Apple stake, downsizing Berkshire Hathaway 's biggest equity holding for four quarters in a row. Before Apple, Buffett largely avoided technology companies for most of his career, saying they were outside of his circle of competence. Apple shares are up 16% on the year, trailing the S&P 500's 20% gain.

Persons: Buffett, Warren Buffett, Berkshire Hathaway, Ted Weschler, Todd Combs, buybacks Organizations: Oracle, Apple, Berkshire, U.S Locations: Omaha, Berkshire

☆ 6 people in New York City have died this year after ‘subway surfing,’ a renewed social media challenge
▼ + stars: | 2024-11-02 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +10 min

CNN —A 13-year-old girl is the latest person to lose her life in New York City while “subway surfing,” a dangerous challenge attracting young people on social media. “Subway surfing,” involves riding on top of a subway car while its moving. Six subway surfing fatalities and 181 related arrests have been recorded this year through October 27, the New York Police Department told CNN on Tuesday. The 13-year-old died while participating in a social media challenge, his mother told WPIX, adding he’d posted to social media prior videos of himself doing the stunt and she’d warned him not to ride on top of trains. TikTok previously cooperated with New York authorities to remove subway surfing content, the New York Times reported in January.

Persons: who’d, “, she’d, It’s, ”, TikTok, Gail Saltz, NYers, 2DmQYCOJ7s —, Eric Adams, —, Meta, Adams, Saltz, Sergi Reboredo, New York’s Letitia James, California’s Rob Bonta, Alex Haurek, “ We’re, James ’, TikTok —, Zackery Nazario, Norma Nazario, ” Nazario, Matthew Bergman, Gingras, Carolyn Sung Organizations: CNN, New York Police Department, WABC, NYPD, Transit, WPIX, ” New York Police, York’s Metropolitan Transportation Authority, YouTube, Google, Social, Weill Cornell Medical College, Presbyterian Hospital, Metropolitan Transportation Authority, New York, Yorkers, Facebook, New, New York Times, Getty, Social Media, Law Center, Meta Locations: New York City, Queens , New York, Queens, Bronx, York’s, United States, New, New York, Manhattan, Flushing, Brooklyn, Williamsburg

☆ Why all eyes are on America's fallen tech giant Intel, which is losing its spot in the Dow Jones Industrial Average
▼ + stars: | 2024-11-02 | by ( Helen Li | ) www.businessinsider.com time to read: +9 min

Nvidia will be replacing Intel in the Dow Jones Industrial Average. In the past several years, it has fallen from grace, failing to jump on the AI train in time. The S&P Dow Jones Indices said Friday that Nvidia will replace Intel on the Dow Jones Industrial Average, a blue-chip index intended to project the most relevant picture of the US economy. Habana helped launch Intel's next-generation Gaudi AI chip for businesses this year. AdvertisementEven if Qualcomm acquired Intel, it's unclear what it would do with Intel's manufacturing operations.

Persons: —, Dow, Pat Gelsinger, Stacy Rasgon, Paul Otellini, Otellini, OpenAI, Habana, Intel's, Gaudi, Rasgon, Bryan Catanzaro, Logan Purk, Edward Jones, nipping, Purk, TSMC, Dan Morgan, Morgan Organizations: Intel, Nvidia, Dow Jones, Qualcomm, Service, VMware, Bernstein Research, Apple, Reuters, Microsoft, Systems, Habana Labs, Companies, AMD, Samsung, Wall Street, Apollo Global Management, Bloomberg, Broadcom, Biden Locations: Arizona, Ohio, Nervana, Synovus

☆ China is closing a South China Sea surveillance gap with a new radar made to spot stealth aircraft, satellite images suggest
▼ + stars: | 2024-11-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images appear to show a SIAR system on Triton Island in the South China Sea. China previously built a SIAR system on Subi Reef in the Spratly Islands, further south in the South China Sea and west of the Philippines. "This is an iteration on a long-term Chinese strategy to dominate the sensor space in the South China Sea," he said. AdvertisementLast fall, the Pentagon documented growth in China's intelligence-gathering capabilities in the South China Sea, especially at the Spratlys. China's new SIAR system on Triton Island helps grow its reconnaissance and surveillance network in the South China Sea.

Persons: —, Chatham House's John Pollack, Damien Symon, Maxar, Chatham, Gregory Poling, Michael Dahm, Dahm, Aaron Haro Gonzalez Organizations: Service, Business, Chatham House, Triton, Southeast Asia Program, Asia Maritime, Center for Strategic, International Studies, Pentagon, Aerospace, China Studies, Mitchell Institute, US, Communication, US Air Force Locations: China, South China, South, Chatham, Spratly, Philippines, Hainan, Beijing, Aaron Haro Gonzalez China

☆ Google's cloud outpaces rivals in third quarter as AI battle heats up
▼ + stars: | 2024-11-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company is gaining traction in artificial intelligence. Amazon Web Services, which remains the market leader, grew 19% to $27.45 billion, meaning it's more than twice the size of Google Cloud but expanding about half as quickly. Second-place Microsoft said revenue from Azure and other cloud services grew 33% from a year earlier. Five of the six trillion-dollar tech companies reported results this week, with AI chipmaker Nvidia as the outlier. Google reported a 17% cloud operating margin in the third quarter, after first turning a profit last year.

Persons: Sundar Pichai, Melissa Otto Organizations: Munich, Google, Web Services, Microsoft, Nvidia, Argus Research, CNBC Locations: Hof, Munich, Germany

☆ Twitter and TikTok Users' Election Projections Are Completely Warped.
▼ + stars: | 2024-11-02 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +7 min

And earlier this year, the company made further moves to de-emphasize political content on Instagram, Facebook, and Threads. Meanwhile, half of the 18- to 29-year-olds surveyed by the Pew Research Center saying they watch political content on TikTok. No one on social media has the answer to what will happen in Tuesday's election. Anxiously reposting or liking election content may feel like the only thing we can do as the clock ticks down. For now, the best way to alleviate that anxiety might be to get off social media until Tuesday passes.

Persons: Kamala Harris, Donald Trump's, Trump, MAGA, Trump's, Harris, Joe Biden, Trump megadonor Elon Musk, It's, Musk, Ioana Literat, Megan Smith, ProPublica, Tracy Clayton, Sol Messing, Messing, Instagram, Michelle Obama, we've, it's, that's Organizations: Trump, Trump megadonor, Republican, Pew Research Center, Columbia University's Teachers College, Social Media, Facebook, Meta, Pew Research, New York University's Center for Social Media, Politics, Twitter, Musk's America PAC Locations: Florida, Texas, California, Philadelphia, . New Hampshire, Virginia, Pennsylvania, United States, Washington, New, Ohio

☆ 4 retail stocks that look good even if the holiday shopping season is soft
▼ + stars: | 2024-11-02 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

The holiday shopping season is upon us, and our retail stocks are well-positioned to thrive, according to Wall Street research firm Telsey Advisory Group. Telsey Advisory expects value-seeking to be a key theme among shoppers this year, which puts companies with reputations for good deals on solid ground. Overall, the firm expects holiday retail sales up between 3% to 3.5% this year, compared with 4.6% growth last year and a 5.4% increase in 2022. Costco has had a good year so far, and that should continue in the final months of 2024, Telsey Advisory argued. Big picture Telsey Advisory selecting these four Club stocks as preferred names this holiday season reflects their competitive chops within their respective categories.

Persons: Dana Telsey, Milton, we've, Jim Cramer's, Jim Cramer, Jim, Thomas Trutschel Organizations: Telsey Advisory, Costco, TJX Companies, Telsey, Walmart, CNBC, National Retail Federation, Hurricanes, U.S, Amazon Prime, Photothek, Getty

☆ What Wall Street learned from the week's Big Tech earnings flurry
▼ + stars: | 2024-11-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Among the megacap stocks, Alphabet , Amazon and Microsoft grew year-over-year, cloud-based revenue by 35%, 19% and 20%, respectively. But of the five largest companies that have so far reported results — Meta Platforms , Alphabet, Amazon, Apple and Microsoft — only two finished the week higher. META 5D mountain Meta, 5 days Commentary from some of the tech companies signaled that AI demand remains robust. Amazon CEO Andy Jassy justified stepped up AI spending, saying that investors will be rewarded over the long haul. AMZN 5D mountain Amazon, 5 days Meanwhile, the still enormous spending patterns among megacap technology companies signals no downturn for de facto AI leader Nvidia.

Persons: Gene Munster, Sundar Pichai, Andy Jassy, Ray Wang, Wang, Mark Malek, Constellation's Wang, Satya Nadella's, Eric Clark, Clark Organizations: Microsoft, Apple, Constellation Research, Brands, Nvidia

☆ North Korea boasts of ‘the world’s strongest’ missile, but experts say it’s too big to use in war
▼ + stars: | 2024-11-02 | by ( ) www.cnbc.com time to read: +5 min

The ICBM launched Thursday flew higher and for a longer duration than any other weapon North Korea has tested. As the transporter-erector launchers get bigger, their mobility decreases," Lee Sangmin, an expert at South Korea's Korea Institute for Defense Analyses. Lee Illwoo, an expert with the Korea Defense Network in South Korea, said North Korea may have developed a larger missile to carry bigger and more destructive warheads or multi-warheads. If that's the case, Lee said North Korea could have used liquid fuels as they generate higher thrust than solid fuels. watch nowLee said North Korea may have placed a dummy, empty warhead on the Hwasong-19 to make it fly higher.

Persons: Kim Jong Un, Kim Ju, Kim Jae, Lee Sangmin, Chang Young, Chang, Lee Illwoo, Lee, they're Organizations: Yongsan, North, Getty, Korean Central News Agency, South Korea's Korea Institute for Defense, Seoul's Korea Research Institute, National, Korea Defense Network, Korea's Locations: Seoul, North Korea, Korea, North Korean, South, Korean, South Korea, U.S, Japan

☆ Infinite Monkey Theorem: Monkeys will never write Shakespeare, new study finds
▼ + stars: | 2024-11-01 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +5 min

The Infinite Monkey Theorem hypothesizes that, given a typewriter and an infinite amount of time, a monkey could in theory produce the full works of William Shakespeare. According to Open Source Shakespeare, a web page containing all of the bard’s plays, poems and sonnets, there are 884,421 words in the entire works of Shakespeare. While the Shakespeare Birthplace Trust says the writer introduced more than 1,700 words into the English language, "banana" was not one of them. Other academics were less incredulous, suggesting that the paper was a wild goose chase — a phrase itself invented by Shakespeare. It may be time for the theorem to exit popular usage — pursued, unsuccessfully, by a monkey.

Persons: William Shakespeare, Franklin, ” Stephen Woodcock, “, ” Woodcock, it’s, Woodcock, Jay Falletta, Shakespeare, George — “, ”, ” Ian Stewart, ” Martin Hairer, Daniel Simmonds, Simmonds, — Organizations: Galaxy, University of Technology Sydney, university’s, Mathematical, Physical Sciences, NBC News, Trust, Warwick University, Imperial College London, London Zoo, Zoological Locations: Australia, Zaire

☆ Natilus Horizon plane’s innovative shape promises greener flights and added comfort
▼ + stars: | 2024-11-01 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +8 min

CNN —Spurred by increasing global demand for air travel, aviation emissions have been rising faster than those from rail, road, or shipping in recent decades. The Natilus Horizon passenger plane aims to reduce emissions by 50%, and increase payload by 40%, due to its blended-wing body shape. Matyushev says the blended wing body design originated in the 1990s from McDonnell Douglas, a major American aerospace manufacturer that merged with Boeing in 1997. Boeing never commercialized a blended wing plane, but studied the concept and produced an unmanned prototype, the X-48. “One of the challenges with the blended wing body design is stability and control,” he explains.

Persons: JetZero, Natilus, ”, Aleksey Matyushev, Matyushev, McDonnell Douglas, —, “, you’re, Gary Crichlow, Max, ” Natilus, Crichlow Organizations: CNN, Aviation, SAF, Airbus, Boeing, Max, Aviation News Limited Locations: California, San Diego, Kona, American, Natilus, JetZero

There are questions on whether North Korea has acquired the technology to shield warheads from the high-temperature, high-stress environment of atmospheric reentry. Many foreign analysts say North Korea also must have improved altitude control and guidance systems for missiles. They say North Korea needs an ability to place multiple warheads on a single missile to defeat its rivals’ missile defenses. All of North Korea’s known ICBM tests, including Thursday’s, have been performed on steep angles to avoid neighboring countries. North Korea’s reported troop dispatch highlights the expanding military cooperation between North Korea and Russia.

Persons: ” KCNA, Kim Jong Un, ’, Kim, “, Lee Sung Joon Organizations: North, Thursday, Korean Central News Agency, “ matchless, Observers, U.S Locations: SEOUL, South Korea, North Korea, U.S, North, Korea, Korean, Russia, Ukraine

☆ At-home brain stimulation relieves symptoms of depression, study finds
▼ + stars: | 2024-11-01 | by ( Brenda Goodman | ) edition.cnn.com time to read: +8 min

CNN —A headset worn at home that zaps the brain with the energy of a 9-volt battery could help relieve symptoms of depression, a new study shows. Rebalancing brain activity in depressionThe device is available in the UK, Norway, Hong Kong and countries in the EU. Studies show that people with depression tend to have less brain activity than normal in the dorsolateral prefrontal cortex and more brain activity than normal in the ventromedial prefrontal cortex. A ‘spicy’ sensation with brain benefitsLeana De Hoyos, a 34-year-old mother of two who lives in Houston, was one of the study participants. Helping people use brain stimulation at homeFu says that when her team started looking at transcranial direct current stimulation for depression, they first reviewed the medical literature.

Persons: ”, Rodrigo Machado, Vieira, Machado, It’s, it’s overactive, Daniel Mansson, Cynthia Fu, Fu, Leana De Hoyos, De Hoyos, didn’t, ” De Hoyos, I’m, you’ve, “, ’, ” Fu, Dr, Sanjay Gupta, “ We’re, Mansson, hasn’t Organizations: CNN, Nature Medicine, Therapeutics, US Food and Drug Administration, Neuroscience, King’s College London, CNN Health, “ Locations: UTHealth, Norway, Hong Kong, Swedish, United States, Houston, Europe

Search resuls for: "ARK Autonomous Technology

25 mentions found