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☆ Crypto is trying to fix its custody problem as institutions pour in and regulatory uncertainty lingers
▼ + stars: | 2023-06-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +8 min

And the highly regulated institutions wanting to give their clients access to bitcoin are still a little skeptical that the crypto industry has learned its lessons. Another issue is there aren't enough dedicated custodians in the crypto industry. The Go Network acts as a platform on which partner firms can execute and settle trades between crypto assets and fiat currencies. BitGo handles custody of crypto assets while dollars are spread across a network of banks for safekeeping. "[The crypto industry] was operating on the edge, saying, it's risky, but we're making a lot of money.

Persons: Crypto, Bitcoin, Roger Bayston, Franklin Templeton's, FTX, Schwab, Gustavo Schwenkler, It's, David Wells, haven't, it's, BitGo, Mike Belshe, CNBC's, Wells, Belshe, BlackRock's Joseph Chalom, Franklin Templeton's Bayston Organizations: Crypto, New York City, Arrows, Terraform, Securities and Exchange, Fidelity, Citadel, EDX, Valley Bank, First, Leavey School of Business, Santa Clara University, Nasdaq, Bank of New York Mellon, CNBC, Go, Markets, Schwab, BlackRock, Securities, Exchange, Coinbase Locations: Coinbase State, New York, First Republic, PacWest, Wells

☆ A former waitress living paycheck-to-paycheck who now owns 35 rental units shares 2 principles she followed to achieve financial independence
▼ + stars: | 2023-06-28 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Ashley Hamilton was living paycheck-to-paycheck when she went to a local real estate conference. I love real estate because the barrier to entry is so low. Hamilton first learned about real estate in 2009, when she attended a free seminar in Detroit. Still, two concepts resonated with her that she says helped her go from living paycheck-to-paycheck to building a 35-unit real estate portfolio that has helped her achieve financial independence. Another trick that helped Hamilton think long-term was to always have a specific timeline for her goals.

Persons: Ashley Hamilton, Hamilton, Let's, Warren Buffett, subpar, Buffett Locations: Detroit, New York

☆ Metaversity: Could this be the college campus of the future?
▼ + stars: | 2023-06-28 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

Video Ad Feedback Are 'metaversities' the college campus of the future? 03:14 - Source: CNNCNN —When Muhsinah Morris stepped onto the central quad of the Morehouse College campus in Atlanta, Georgia, she cried. Morehouse College is the world’s first Metaversity, an interactive, virtual learning space based on real or imagined environments. Muhsinah Morris, in person, at the real Morehouse College campus in Atlanta, Georgia. Morehouse’s Metaversity campus and courses are funded by several grantors, including Meta, Qualcomm, and T-Mobile.

Persons: Muhsinah Morris, ”, Morehouse, lockdowns, Morris wasn’t, Morris, Morehouse’s, “, —, Juan Johnson, Morris isn’t, Danny P, Goel, Rose Luckin, it’s Organizations: CNN CNN, Morehouse College, —, CNN, VR, Orthopedic, VictoryXR, University College London Knowledge Lab, Institute, Ethical AI, Morehouse, Meta, Qualcomm Locations: Atlanta , Georgia, Morehouse’s, Vancouver, Canada, “

☆ LVMH owner Bernard Arnault reportedly visits China after luxury spending rebound
▼ + stars: | 2023-06-28 | by ( Laura He | ) edition.cnn.com time to read: +4 min

LVMH reported its first-quarter sales surged 17% from a year ago, beating analyst expectations, driven by a rebound in China’s luxury market from the downturn it experienced during the pandemic. Luxury goods spending bounced back more quickly than any other sector in the first quarter. Although the economic momentum has lost steam in the past couple of months, growth in luxury goods sales has accelerated. China was one of the world’s largest luxury goods markets before Covid hit. Bain & Co. estimated earlier this year that Chinese consumer spending accounted for around 17% of the global luxury market in 2022.

Persons: Hong Kong CNN — Bernard Arnault, Elon Musk, Morgan, Jamie Dimon, Musk, Caijing, Christian Dior, LVMH didn’t, LVMH, ”, Jean, Jacques Guiony, “, Li Qiang, ” Li Organizations: Hong Kong CNN, LVMH, WF, CNN, Consumers, Bain & Co Locations: Hong Kong, China, Beijing, ” Beijing

☆ China slams the West for 'hyping up' the concept of 'de-risking.' Here's what it means and why China is so worried.
▼ + stars: | 2023-06-27 | by ( Spriha Srivastava | ) www.businessinsider.com time to read: +4 min

The US-China trade war has impacted manufacturing exports, particularly in the semiconductor industry. Opening Plenary with Li Qiang, Premier of the People's Republic of China World Economic Forum/Benedikt von LoebellWhy does de-risking matter? According to the Peterson Institute for International Economics, the trade war of 2018-19 devastated US exports to China. A big sticking point for the two nations is the US manufacturing exports to China. "Prior to the trade war, manufacturing was 44 percent of total US goods and services exports to China — the largest component of pre-trade war commerce.

Persons: Li Qiang, Li, —, Ursula von der Leyen, Benedikt von Loebell, Trump, Morgan, JP Morgan Organizations: Service, European, Economic, Peterson Institute for International Economics, Peterson Institute, Semiconductor Industry Association Locations: China, West, Davos, Tianjin, decouple, People's Republic of China, China —, East Asia, Taiwan, South Korea

☆ Video has become the hottest topic in podcasting, as some look to it to supercharge growth and others worry about how it will change the industry
▼ + stars: | 2023-06-27 | by ( Marta Biino | ) www.businessinsider.com time to read: +9 min

And while Schwarzenberger comes from the world of YouTube, it's not just content creators and influencers who have embraced video. "Sometimes they don't differentiate between a podcast on an audio platform, and a podcast on a video platform. Spotify recently started partnering with payment startup Creative Juice to support podcast creators. Hosting company RSS.com launched a tool in June to generate video from audio podcast tracks to repurpose on social media. And several AI tools have launched that automatically chop up long-form video content for short-form social platforms.

Persons: it's, Jordan Schwarzenberger, Schwarzenberger, influencers, Alison Lomax, Louise Kattenhorn, Matt Wells, — chatty, Conal Byrne, Will Ferrell, Nikki Glaser, Ryan Seacrest, Joe Gagliese, Liam Heffernan, RSS.com, Josh Adley, YouTube's, Natalie Amos, Listen's Adley, Keith Jenkins, Jenkins, Kristen Bousquet, Bousquet, Jay Clouse Organizations: YouTube, Ireland, BBC, Cumulus Media, Apple, Spotify, iHeart, Viral, Gleam Locations: London

☆ To video or not to video? Inside the biggest debate in podcasting and how it could shape the industry's future
▼ + stars: | 2023-06-26 | by ( Marta Biino | ) www.businessinsider.com time to read: +9 min

☆ It's only a matter of time before A.I. chatbots are teaching in primary schools
▼ + stars: | 2023-06-25 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +4 min

AI is already sending waves throughout education, with Microsoft co-founder Bill Gates saying AI chatbots can teach kids to read in 18 months rather than years. Younger generations are surrounded by digital tools, and experts say it's only a matter of time before classrooms are immersed in AI. AI for routine learning, teachers for personalized lessonsAI, and specifically chatbots backed by programmed large language models, can help students, from primary education to certification programs, self-guide through voluminous materials and tailor their education to specific learning styles. With the rise of AI, teachers can transition from being a general practitioner to more of a specialist, where they can focus on helping kids with particular issues and specific concepts, he added. AI can also help teachers leverage existing knowledge and content, so they can repurpose it and dramatically reduce their workload, Guo said.

Persons: Bill Gates, Sarah Guo, Danny King, King, Guo, It's Organizations: Microsoft, Google, Harvard, MIT Locations: McGraw

☆ ‘Padam Padam’: You Hear It and You Know It’s Pride
▼ + stars: | 2023-06-24 | by ( Shane O Neill | ) www.nytimes.com time to read: +1 min

When “Padam Padam,” the Australian pop star Kylie Minogue’s 77th (77th!) people, especially gay men, greeted the campy song with gleeful incredulity, and its infectious chorus quickly spawned memes upon memes upon memes. We asked several D.J.s who are booked to spin for Pride events in New York for their thoughts on the inescapable dance gem and their remix recommendations. Kim Chi“RuPaul’s Drag Race” contestant and D.J., 35I will absolutely be playing “Padam Padam” this weekend. The “Padam Padam” craze might have started off as a meme, but also it’s making a new generation of kids discover her, and that’s thrilling to see.

Persons: “, Kylie Minogue’s, gleeful incredulity, Kim Chi, Kylie Minogue Locations: Australian, Los Angeles, Chicago, Provincetown, Mass, New York, U.S.A

Artificial intelligence algorithms are increasingly being used in financial services — but they come with some serious risks around discrimination. And the problem of amplifying existing biases can be even more severe when it comes to banking and financial services. As for financial services, Manji said a lot of the backend data systems are fragmented in different languages and formats. "Individuals have little knowledge of how AI systems work and that their individual case may, in fact, be the tip of a systems-wide iceberg. Among the top worries industry insiders expressed are misinformation; racial and gender bias embedded in AI algorithms; and "hallucinations" generated by ChatGPT-like tools.

Persons: Nabil Manji, Manji, they've, we're, You've, Banks, Banking's, Rumman Chowdhury, Twitter's, Chowdhury, Angle Bush, Bush, Frost Li, Li, Niklas Guske, Guske, it's, Goldman Sachs, Kim Smouter, Smouter, ethicists Organizations: Photodisc, Getty, Deloitte, CNBC, Microsoft, Google, Black, Artificial Intelligence, Tokyo University, Apple, New York Department of Financial Services, European Network, United Nations Locations: AMSTERDAM, Worldpay, Amsterdam, Chicago, Loup, United

☆ The cult of Emily Oster
▼ + stars: | 2023-06-22 | by ( Sarah Todd | ) www.businessinsider.com time to read: +30 min

Emily Oster is sitting in the back of a car, checking her Garmin watch as we lurch through rush-hour traffic toward the Holland Tunnel. A self-described expert in data, Oster uses her economics training to dig into studies on things like circumcision and screen time and translate them for popular consumption. There doesn't seem to be much of a gap between the way Oster presents herself in her books and newsletters and the way she conducts her life. Unsurprisingly, economics informs every aspect of the way Oster sees the world. When Oster was a toddler, her mother told a Yale colleague that Oster often talked to herself before falling asleep.

Persons: Emily Oster, doesn't, Oster, Taylor Swift, Spock, —, Mandy Moore, Emily DiDonato, Amy Schumer, " Oster, Emily, Aisha McAdams, Claudia Goldin, who's, Lori Feldman, " Feldman, Winter, It's, reopenings, Timothy Caulfield, Oster's Brown, OSTER, She's, Sheryl Sandberg's, Brown, Denis Tangney Jr, graham, Eminem, Sharon Oster, Ray Fair, Jesse Shapiro, Katherine Nelson, Carl, Choate Rosemary Hall, John F, Kennedy, Glenn Close, Ivanka Trump, Goldin, Steven Levitt —, Oster —, Paul Farmer, Steven Levitt, Oster's, Levitt, Robert Barro, demographer Monica Das Gupta, Joseph Delaney, she'd, I've, Matt Notowidigdo, Chicago Booth, hadn't, Udo Salters, Patrick McMullan, Shapiro, Jessica Calarco, Dr, Anthony Fauci, Donald Trump, Calarco, Rochelle Walensky, Delaney, University of Manitoba epidemiologist, Abigail Cartus, Justin Feldman, Delivette Castor, they're, COVID, Castor, Notowidigdo, Carter, you'd, she's, there's Organizations: Garmin, Brown University, New York Times, American Academy of Pediatrics, Yorker, Yale School of Management, Yale, Harvard, Connecticut, Choate, University of Chicago, Forbes, Wall, Publicly, University of Manitoba, Getty, Oster, Centers for Disease Control, Columbia University, Harvard Business School Locations: Holland, Montclair , New Jersey, Montclair, Harvard, Providence , Rhode Island, New Haven , Connecticut, China, Canada, Chicago, Ohio, New Jersey

☆ Fact Check-German sex education book is not recommended as a textbook for use in schools
▼ + stars: | 2023-06-21 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A German book featuring sexual positions is not recommended by education ministries or authorities producing frameworks for sex education in the country, contrary to online posts claiming it is a textbook used in schools. Publishers say it is an educational book for parents who want to teach their children about sex. An EMF Verlag spokesperson said: “It is not a textbook specifically for children in Germany used in schools or education settings. Federal German states regularly exchange information on sex education content and concepts, but they decide independently whether to implement the KMK’s recommendations, Heil added. The sex education book “Von wegen Bienchen und Blümchen!” is not recommended in school curricula in Germany or considered a textbook.

Persons: Von wegen Bienchen, ” Torsten Heil, Heil, Read Organizations: Publishers, EMF, Reuters, Education, Cultural Affairs, Federal Locations: Germany, Federal Republic of Germany, Bremen, Niedersachsen

☆ Founders and VCs are clamoring to get into this $68 million AI hacker house. Here's how the AGI House exploded into a community hub for the red-hot Bay Area AI scene.
▼ + stars: | 2023-06-21 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +8 min

In February, the AGI House launched as a community hub for the buzzy Bay Area AI scene. Since launching in February this year, it's served as a hacker house and community hub for the Bay's exploding AI scene. Depending on the day, the residence houses between eight to ten AI founders and researchers, including a researcher from AI giant OpenAI. Stephanie PalazzoloFrom flying cars to fireside conversationsThe AGI House wasn't always the AGI House. "It's great to live in a community house where you're naturally connected to the AI founder community," she said.

Persons: Steve Jobs, Elon, it's, Demi Guo, Stephanie Palazzolo, wasn't, Andrej Karpathy, Rocky Yu, Karpathy, Sergey Brin, Kelly Peng, Yu, Jeremy Nixon, Tim Shi, Lerer Hippeau, Peng, Guo, There's, Greylock's, Corinne Riley AGI, they're Organizations: AGI, Technologies, Genesis, Foundation Capital Locations: buzzy, Hillsborough, Stanford, Alamo, LA, AGI, New York City, Stanford's

But Titan, the lost submersible from the company OceanGate, is a technological maverick based on novel concepts that differ from standard designs. “I’ve had three people ask me about making a dive on it,” he said in reference to the lost submersible. Private vessels — those used on superyachts, exploratory craft, tourists jaunts — are not formally regulated by any governmental or intergovernmental agency. Nor do they meet the rigorous standards that are applied to deep-sea craft used by the United States Navy and other government agencies. “We are proud that every submersible delivered remains in active service and certified to its original design depth,” it says on the company’s website.

Persons: ”, Bruce H, Robison, Alfred S, McLaren, Navy submariner, “ I’ve, ‘, OceanGate, submersibles, jaunts, Jennifer, Dr Organizations: Aquarium Research, Explorers Club of New, United States Navy, Lloyd’s, American Bureau of Shipping, ” Triton, Triton Locations: Monterey, California, Navy, Explorers Club of New York City, British, Everett, Wash, Houston, American

☆ The future of travel: 10 concepts that will change the way we experience the world
▼ + stars: | 2023-06-20 | by ( Kate Springer | ) edition.cnn.com time to read: +22 min

Concepts that feel plucked from sci-fi novels and films are quickly making their way into mainstream travel, shaping every step of the journey. Seamus PayneLike air travel, eco-conscious hotels are paving the way for more sustainable travel in the future. HyperloopTTUS entrepreneur Elon Musk has been talking about hyperloop technology – an ultra-high-speed transport system in a low-pressure vacuum tube – for years. Meanwhile, Toronto-based TransPod hopes to bring hyperloop technology to Canada with its eponymous tube-based transportation system powered by renewable energy. By 2025, the company plans to build a 620-mile-per-hour TransPod link between Calgary and Edmonton, connecting the two cities in 45 minutes.

Persons: Elijah Nouvelage, Indira Gandhi, Paris Charles de Gaulle, Austin Farmer, we’ll, don’t, David ”, you’ll, Alexander the Great, ” Michael Breer, KAWS, collectables –, Breer, ” Breer, You’ve, ” Jetson, Peter Ternstrom, Apollo, Cruise, ”, what’s, Boom’s, –, Seamus Payne, room2, Marcel Breuer, Tesla, charades, Yusaku Maezawa, Elon Musk, hyperloop, Virgin Hyperloop, HyperloopTT, Hardt Hyperloop Organizations: CNN, Travel, Hartsfield, Jackson Atlanta International Airport, Bloomberg, Getty, Dubai International Airport, Hong Kong International Airport, Indira, Indira Gandhi International, European Union, Emirates, Dubai International, American Airlines, United, Delta, Bluetooth, Alaska Airlines, Lufthansa, Qatar Airways, Specterras Productions, CNN Travel, VR, Aircraft, Federal Aviation Administration, Baidu, Hyundai, Las, CNN Travel ., Alphabet Inc, Beta, International Civil Aviation Organization, Alice, DHL, Air New, Concorde, Japan Airlines, Bauhaus, CEH Technologies, Origin, SpaceX, International Space, NASA, Galactic, Space Training Academy, Nastar Center, Boring Company, Virgin, Hyperloop Transportation Technologies, China Morning Post, China Aerospace Science, Industry Corporation, European Hyperloop Center Locations: Singapore, Dubai, Tokyo Narita, Tokyo Haneda, Delhi, London Heathrow, Paris, Dutch, Europe, Florence, Palmyra, Machu Picchu, New York, Ehang, China, Boston, Las Vegas, Motional, Phoenix, San Francisco, Los Angeles, North America, Austin, Beijing, Chongqing, Wuhan, Shanghai, Guangzhou, Mexico, Air New Zealand, Denver, New York City, Frankfurt, LA, Sydney, London, New Haven , Connecticut, Hungarian, Norway, Red, Saudi Arabia, Amsterdam, Chicago, Cleveland, Pittsburgh, Shanxi province, Netherlands, Toronto, Canada, Calgary, Edmonton

☆ Analysis: As the nation celebrates Juneteenth, it's time to get rid of these three myths about slavery
▼ + stars: | 2023-06-18 | by ( John Blake | ) edition.cnn.com time to read: +13 min

It marks the moment in June of 1865 when Union troops arrived in Texas to inform enslaved African Americans that they were free by executive decree. Though it commemorates a moment when enslaved African Americans were freed, the US is still held captive by several myths about slavery and people like Cummins. 1: African Americans were ‘freed’ after the Civil War endedThere is a popular conception that the formerly enslaved were freed after the Civil War ended. It is what historians call a “Slave Bible.” It is a copy of a Bible that was used by British missionaries to convert enslaved African Americans. Kin Cheung/APThe historical record shows that enslaved African Americans revitalized Christianity in other ways, historians say.

Persons: Tempie ” Cummins stoically, Cummins, “, ‘, ’ ” Cummins, gainst, Tempie Cummins, Congress Juneteenth, ” Abraham Lincoln, ” “ There’s, ”, Tobin Miller Shearer, ” Albert J, Raboteau, ’, Clint Smith, ” Smith, Smith, Susan Merritt, …, ” Merritt, Frederick Dielman, Douglas A, Caleb McDaniel, Leslie Wilson, Wilson, ” Wilson, Bunny, Uncle Remus, Joel C, Harris, Albert Murray, ” White, ” Murray, Leon Harris, ” Malcolm X, Nat Turner, Martin Luther King Jr, ” Harris, Kin Cheung, God, ” Raboteau, Juneteenth, White, John Blake Organizations: CNN, New, Library, Congress, African American Studies, University of Montana, New York Times, Former Confederate, Rusk, District of Columbia, Colored People, Montclair State University, Getty, Museum, Biola University Locations: Jasper , Texas, eavesdrop, Texas, Antebellum, Whites, Rusk Country , Texas, Sabine, District, Washington, America, New Jersey, Southern, West Africa, United States, Washington , DC, California, Lambeth, London, Israel

☆ Here are Friday's biggest analyst calls: SoFi Technologies, AutoZone, Nvidia, Meta and more
▼ + stars: | 2023-06-16 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Bank of America downgrades SoFi Technologies to neutral from buy The downgrade follows SoFi' s recent rally. Our C$51 Price Target is 39% above the current stock price and we see close to 3:1 upside/downside skew." UBS upgrades AutoZone to buy from neutral Analyst Michael Lasser raised the price target to $2,900 from $2,800. Wells Fargo initiates Neogen Corporation at overweight and $22 price target Wells Fargo said it liked the company's improving margins. Wells Fargo initiates Bio-Rad Laboratories Inc. at overweight and $550 price target Wells said Bio-Rad's valuation is attractive at current levels.

Persons: Jefferies, John Hecht, LendingClub, Morgan Stanley, Mauricio Serna, Aritzia, Michael Lasser, Carvana, it's, Wells, Ph3, Wells Fargo, Piper Sandler, TD Cowen downgrades, LOE, Michael Bloom Organizations: . Bank of America, Technologies, Nvidia, Bank of America, UBS, West Pharmaceutical Services, Stevanato, MorphoSys, Neogen, Rad Laboratories Inc, SoFi Technologies, Health Companies Locations: EBITDA, 4Q23, BLCO

☆ Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media
▼ + stars: | 2023-06-16 | by ( Alex Sherman | ) www.cnbc.com time to read: +8 min

Vice Media Group logo Pavlo Gonchar | Lightrocket | Getty ImagesWhen Suroosh Alvi, Gavin McInnes and Shane Smith founded Vice magazine, which later expanded to Vice Media, they built a business based on a punk rock, counterculture image. GoDigital Media Group is a privately held conglomerate that owns video and music rights, especially in the Latin genre, and an array of different businesses. GoDigital plans to bid for Vice on Tuesday at a price between $300 million and $400 million, according to people familiar with the company's thinking. He will preach that message to Vice's employees on Day One if GoDigital acquires the company, he said. Smith, Vice's executive chairman and former CEO, couldn't be reached for comment.

Persons: Pavlo Gonchar, Suroosh Alvi, Gavin McInnes, Shane Smith, Smith, Jason Peterson, Logan Mulvey, GoDigital, Jason DeRulo, Peterson, Berkshire Hathaway, what's, Mulvey, John Leguizamo, Craig Greiwe, Sean, Diddy, Combs, couldn't, haven't, ' Peterson, Alex Wallace, Wallace, Gay Hendricks, We're, Adam Neumann's, I'm Organizations: Media, Lightrocket, Vice Media, GoDigital Media, Berkshire, Eastern Mountain Sports, NGL, Fortress Investment, Soros Fund Management, Monroe Capital, Fortress, Yahoo, CNBC Locations: Brooklyn , New York, Los Angeles

☆ Rule of 40, max position size, price targets — we explain these 3 investing concepts
▼ + stars: | 2023-06-15 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Is this price target the price you are going to sell the stock at when it gets there or is this just the price target other have on the stock? — Steve S. A price target represents what we believe to be a fair value for the company in question. At the end of the day, a price target is simply the end result of many inputs. The product of these two items, the earnings projection and target multiple, will determine the price target. The fundamentals determine the price target, not the other way around.

Persons: Jim Cramer, — Diane A, Chris K, Jim, Steve S, —, Jim Cramer's Organizations: Investing, Apple, Nvidia, Jim Cramer's Charitable, CNBC

☆ Florida Schools Question Content on Gender and Sexuality in A.P. Psychology
▼ + stars: | 2023-06-15 | by ( Dana Goldstein | ) www.nytimes.com time to read: +2 min

Ron DeSantis, a Republican presidential candidate, Florida has been a leader among conservative states that have passed laws restricting how gender, sexuality and race can be taught in kindergarten through 12th grade. Few organizations have had a more difficult time navigating these limitations than the College Board, whose Advanced Placement program offers 40 courses that are available across the country. teachers in Florida, we are heartbroken by the possibility of Florida students being denied the opportunity to participate in this or any other A.P. Psychology stands in marked contrast to its response to Florida’s efforts last year to influence the curriculum of A.P. classes whose content, as interpreted by schools and teachers, might run counter to new conservative regulations on how race, gender and sexuality are discussed in the classroom.

Persons: Ron DeSantis, Board’s, “, ” What’s, DeSantis Organizations: Republican, College Board, American Psychological Association, American Studies, Board, Florida Department of Education Locations: Florida

☆ A top CMO reveals how AI is going to change sales and marketing across every company within 12 months
▼ + stars: | 2023-06-14 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

The chief marketing officer at Twilio says AI will soon be in use in sales and marketing at every company. There are many parts of the business world where AI is going to have a huge impact, but sales and marketing is one of the big ones. To be sure, Twilio builds products that faciliate sales and marketing, but other CMOs agree that AI could supercharge those activities. It allows you to ingest a whole slew of data that's virtually impossible for a human being to take in and synthesize. In 12 months, I really think for every company, every marketing team, every sales team, generative and predictive AI is going to be a core part of every tool that they use.

Persons: Joyce Kim, That's, We've Organizations: McKinsey, YouTube

☆ A former waitress who lived paycheck-to-paycheck bought her first home in Detroit for $6,300 using her tax return. She explains how she scaled up to 35 units and achieved financial independence before
▼ + stars: | 2023-06-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

Ashley Hamilton was living paycheck-to-paycheck when she decided she wanted to buy real estate. In 2009, she used her $7,000 tax return to purchase a $6,300 foreclosure in Detroit. Since, she's scaled up to 35 units and is financially independent thanks to rental income. Hamilton didn't have the cash at the time, but was anticipating a big tax return later that year. Hamilton, 36, owns 35 units in Detroit, Michigan and is financially independent from her rental income.

Persons: Ashley Hamilton, Hamilton, didn't, you'd, Hamilton didn't, I'm, she's, you've, they've Organizations: Detroit, MLS, Bank of America Locations: Detroit, Detroit , Michigan, Zillow

☆ Piper Sandler highlights its favorite tech stocks to play the A.I. craze
▼ + stars: | 2023-06-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

.SPX YTD mountain S & P 500's 2023 performance Technology stocks have gotten a boost this year as enthusiasm around artificial intelligence grows, and the recent banking crisis resets expectations for Federal Reserve policy. The majority of S & P 500 technology stocks still sit 20% off their peaks even as many popular names notch all-time highs. "We continue to favor profitable growth as an investment theme as we expect that the lagged effects of tightening will continue to weigh on economic growth," Kantrowitz said. A handful of outperforming semiconductor stocks and chip equipment manufacturers made Piper Sandler's list, including Broadcom , On Semiconductor , KLA Corp . SMCI YTD mountain Super Micro Computer shares in 2023 Piper Sandler also highlighted shares of the server and storage systems provider Super Micro Computer , which have more than tripled this year.

Persons: Piper Sandler, Michael Kantrowitz, Kantrowitz, Piper, Rosenblatt, — CNBC's Michael Bloom Organizations: Federal Reserve, Broadcom, Semiconductor, KLA Corp, Bank of America, Apple, Computer, Micro Computer, Adobe, Microsoft

☆ Brands like Sony and Chipotle want to make Hollywood-style content for film and TV, and these advertising pioneers have built a startup to get their messages out
▼ + stars: | 2023-06-11 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

That belief has taken him from famed ad agency Wieden + Kennedy to talent agency CAA, where he set up its first marketing consultancy. The firm pitches itself as part management consultancy, part brand entertainment production company, and part consumer brand accelerator. "If a great sports movie happens to come from Nike, it's still great entertainment," Goodman said. "If a great sports movie happens to come from Nike, it's still great entertainment," Goodman said. One thing Goodman and Kaplan are not trying to do is compete with brands' ad agency budgets.

Persons: Jae Goodman, John Kaplan, It's, Gibson, Kennedy, Goodman, Chipotle, Stephanie Perdue, Jay, Kaplan, —, Michael Kassan's, Anheuser, it's, Superconnector, it'll Organizations: Superconnector Studios, Sony, CAA, Observatory, Entertainment, Hollywood, HBO Max, Netflix, Procter & Gamble, Imagine Entertainment, Delirio Studios, MTV Documentary, Paramount, HBO, Apple, Management, Sony Pictures Television, McKinsey, Accenture —, Anheuser Busch, InBev, Gibson, Nike, Talent Locations: LA

☆ Here's what it takes to get a stock out of our Bullpen and into the Club portfolio
▼ + stars: | 2023-06-09 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

This week's question: I'm a founding member of the Investing Club. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. This week's question: I'm a founding member of the Investing Club.

Persons: Jim Cramer, MRVL, Jeff, — Tim, Marvell, Marvell —, we've, Jim Cramer's, Jim, Dallas Organizations: Investing, Marvell Technology, Nvidia, Devices, AMD, Management, Marvell, Consumer, Enterprise, Jim Cramer's Charitable, CNBC Locations: Dallas, It's

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