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☆ The AI market will probably work out 'extremely well' in the long run, venture capital firm says
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe AI market will probably work out 'extremely well' in the long run, venture capital firm saysAlfred Chuang, founder and general partner at Race Capital, says "my crystal ball would say … tech needs overpricing and overinvestment for it to propel fast enough to satisfy the appetite of the user."

Persons: Alfred Chuang Organizations: Race

☆ New economic rules shatter US bonds’ crystal ball
▼ + stars: | 2023-09-19 | by ( Ben Winck | ) www.reuters.com time to read: +8 min

Yield curve “inversions” belong to the latter group. At first sight, they are right: Yield curve inversions have been a consistent predictor of future downturns. Yield curve inversions take place when the yield on short-dated government debt climbs higher than that on longer-term bonds. Lower long-dated bond yields are seen as a sign that investors predict lower rates due to an economic downturn. As such, yield curve inversions have become a popular forward indicator of economic recessions.

Persons: Treasuries, There’s, Eugene F, Fama, Kenneth R, joblessness, Morgan Stanley, Ellen Zentner, Francesco Guerrera, Sharon Lam, Aditya Sriwatsav, Oliver Taslic Organizations: Reuters, San Francisco Federal Reserve, Fed, New York Fed, Morgan Stanley U.S, Treasury, European Central Bank, Thomson Locations: United States, U.S, Covid

☆ A 39-year market veteran shares why this market rally is only beginning and stocks are destined to hit new record highs in the coming months — and the 5 best ways to take advantage of it
▼ + stars: | 2023-09-15 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Market volatility (bottom half) spiked during the downturn but has steadily receded during the rebound despite a late-summer hiccup. Tim Hayes, Ned Davis ResearchHayes believes that a healthy reset shook out much of that euphoria without leaving lasting damage. History says this market rally has plenty of room to runThe final three months of the year have historically been the friendliest to stocks, Hayes said. Tim Hayes, Ned Davis Research"It doesn't follow the script precisely," Hayes said. The forthcoming market rally should broaden out, the strategist said, which should boost parts of the market that haven't participated as well, including economically sensitive small companies and sectors.

Persons: Ned Davis, Tim Hayes, who's, Ned Davis Research Hayes, " Hayes, Hayes, Morgan Stanley, Mike Wilson's, David Lundgren, they've, There's, He's, haven't, they're Organizations: Ned, Ned Davis Research, Technology Locations: China, United Kingdom, Canada, Japan

☆ Bill Ackman predicts more pain for regional banks and commercial real estate, touts Elon Musk's X, and touches on AI and the federal debt in a new interview. Here are his 6 best quotes.
▼ + stars: | 2023-09-08 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Bill Ackman predicts more pain for regional banks and commercial real estate as interest rates bite. Ackman warns AI will be hugely disruptive, and predicts Elon Musk's X will ultimately succeed. "The commercial real estate picture has not gotten better. You're going to start seeing real defaults, particularly with office assets. The pressure on the regional banking system — you're going to start to see more of it come now on the commercial real estate side."

Persons: Bill Ackman, Elon Musk's, Ackman, Julia La Roche, Elon, We've, it's, Elon Musk Organizations: Pershing Square, Service, Twitter Locations: Wall, Silicon, Elon Musk's

As a financial planner, there's certain tough advice my clients never want to hear. Advice like, buy less house — and don't expect your home to be a good investment. As a financial advisor, I'm constantly giving people good advice they don't want. I know no one wants to hear this kind of money advice. No one wants to imagine a worst-case scenario, but if something actually went sideways in your financial life, you'll be glad you had multiple levels of safety net built into your overall plan.

Persons: I'm, it's, We'd, doesn't, Get, you'll, It's Organizations: Service Locations: Wall, Silicon

☆ One year out, here’s what we know about how the presidential race will look on Labor Day 2024
▼ + stars: | 2023-09-04 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +15 min

CNN —Much remains unknown of course about the presidential general election whose traditional kick-off will come one year from today on Labor Day, 2024. Twenty states have likewise voted for the GOP presidential nominee in all four of those contests. That means 40 of the 50 states, or 80%, have voted the same way in four consecutive presidential elections. In the presidential elections of 2012, 2016 and 2020, though, the states where the margin of victory landed within four points of the national vote total dwindled. Eventually a Democratic choice to write off Florida and Ohio could provide a tactical benefit for the GOP presidential nominee.

Persons: ”, Doug Sosnik, Bill Clinton, Barack Obama’s, Joe Biden’s, Franklin D, Roosevelt, Trump, hasn’t, Obama, Kyle Kondik, Ball, Kondik, Amy Walter, Biden, Crystal Ball, Cook, Trump’s, headwinds, Republican Sen, Ron Johnson, Roy Cooper, Erika Franklin Fowler, “, George W, Bush’s, Hillary Rodham Clinton, Michael Bloomberg, I’ve, Steve Schale, Schale, don’t, it’s, “ Biden, Ben Tulchin, Fowler Organizations: CNN, Labor, White, Democratic, GOP, University of Virginia’s Center for Politics, Electoral College, Trump, Democrats, Crystal Ball, New Hampshire, Republican, White House, Biden, Pennsylvania Senate, Democratic Gov, Wesleyan Media Project, Wesleyan University, Electoral, Republicans, ”, Wisconsin, District, New, New York City, Sunshine Locations: Indiana , Iowa , Ohio, Florida, North Carolina, Arizona, Georgia, Wisconsin, Michigan, Nevada, Pennsylvania, New Hampshire, Arizona , Georgia, New, dislodging Michigan, Nebraska, Ohio, New York, Minnesota, New Hampshire , Virginia, Oregon, Texas

☆ Giuliani loses support of billionaires Langone, Cooperman: 'I wouldn't give him a nickel'
▼ + stars: | 2023-08-31 | by ( Brian Schwartz | ) www.cnbc.com time to read: +8 min

Langone contributed $4,600 to Giuliani's 2008 campaign for president, according to FEC records. This executive donated $2,300 to Giuliani's 2008 run for president, according to FEC records. Goodman did not say who is contributing to help Giuliani pay for his legal fees or how much those entities have raised. "I probably will," said Catsimatidis, who owns New York radio station WABC that employs Rudy Giuliani and his son. "I think people should help Rudy Giuliani.

Persons: Rudy Giuliani, Donald Trump, Giuliani, Rudy, I'm, Brian France, Ken Langone, Forbes, Langone, Cooperman, It's, Leon Cooperman, Trump, he's, Ted Goodman, Goodman, Joe Biden swiped, Andrew Giuliani, John Catsimatidis, Catsimatidis Organizations: New York City, NASCAR, New, FEC, Trump, Billionaire, Commission, CNBC, titans, Former New York City, Wall Street, Washington D.C, Giuliani, Twitter, Giuliani Defense, New York, WABC, New York Republican Locations: Georgia, Washington , U.S, France, New York, New York City, Russian, York City, Bedminster , New Jersey

☆ This Dutchman moved to San Francisco a year ago to help tech giants prepare for new EU rules
▼ + stars: | 2023-08-25 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +10 min

De Graaf, a 30-year veteran of the European Commission, was tasked with resurrecting the EU office in the Bay Area. The generative AI boomGenerative AI was a virtually foreign concept when de Graaf arrived in San Francisco last September. In June, the European Parliament cleared a major step in passing the EU AI Act, which would represent the EU's package of AI regulations. Tech companies that have for years criticized the EU for overly aggressive regulations are now asking, "Why is it taking you so long?" The rapidly changing landscape of generative AI makes it tricky for the EU to quickly formulate regulations.

Persons: Yves Herman, Gerard de Graaf, De Graaf, de Graaf, Union hasn't, Mark Zuckerberg, Mandel Ngan, Thierry Breton, Elon Musk, Breton, we've, We've, who's, they've, Aneesh Chopra Organizations: EU, European Commission, Digital Services, Nasdaq, Meta, Google, Apple, DSA, EC, Valley Bank, Irish Consulate, The, Union, U.S, Facebook, Financial, Financial Services, AFP, Getty, Twitter, Digital Markets, Washington , D.C, European, Tech, Stanford, Nvidia, White Locations: Brussels, Belgium, Europe, San Francisco, Bay, U.S, Silicon Valley, Silicon, Rayburn, Washington , DC, Poland, Graaf, Washington ,, United States

☆ How to start investing with a 20-year time horizon for the benefit of kids in your family
▼ + stars: | 2023-08-20 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

What is your "crystal ball" for investing with a 20-year time horizon? The Investing Club portfolio is made of more than 30 stocks. 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.

Persons: Jim Cramer, Jim, Mike, Apple, they're, Jim Cramer's Organizations: Nvidia, Jim Cramer's Charitable, CNBC

☆ A hedge fund manager shares 2 ChatGPT prompts and the AI plugin he used to filter top stock picks
▼ + stars: | 2023-08-12 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

He fed the LLM data from a terminal and asked it to filter its findings through top academic literature and fund managers. Building on the knowledgeIn his earlier experiments, Patel and his team manually pasted increments of stock data into ChatGPT's text box. Using Julius AI, Patel was able to input data for over 6,800 stocks to see if the outcomes or accuracy would change. The metrics Patel chose to input were based on company fundamentals that he felt were important when picking stocks. Patel concluded that whether it's a human analyst or AI that's picking stocks, there are no guarantees in the stock market.

Persons: Alpesh Patel, it's, Patel, Julius AI, Julius, Price, ChatGPT's, Warren Buffett, Cisco Systems Inc Patel, Johnson, Eli Lilly, Rahul Sonwalkar, you've Organizations: NYSE, Nasdaq, US Securities and Exchange Commission, FTSE, New York Stock Exchange, Alpha, Broadcom, Cisco Systems Inc, Apple Inc UnitedHealth, Johnson, Johnson Exxon Mobil Corp Visa Inc Tesla, Walmart, Taiwan Semiconductor Manufacturing Procter, Gamble, Chevron Corp Mastercard, Depot Inc, Pfizer, AbbVie Inc Merck, Co Inc, Cola Co, Pepsico, Broadcom Inc Alibaba

My mortgage broker demystified the homebuying process and guided me step by step. Here's how my mortgage broker and I worked out a plan to make my dreams of homeownership a reality and how I'm preparing for mortgage renewal in the not-too-distant future. See Insider's picks for the best mortgage lenders »My mortgage broker ran the numbers for different scenariosI spoke with a few mortgage brokers before deciding to work with the brilliant Lisa Okun. Compare today's 30-year mortgage rates »I know renegotiating my mortgage will be complexI like to know how much I'm going to need to spend. Because the interest rates in Canada were so low at the time (around 2.5%), I felt good about locking into that rate.

Persons: Lisa Okun, Lisa, They've Organizations: Service Locations: Wall, Silicon, Ontario, Canada

REUTERS/Brendan McDermid//File PhotoSummaryCompanies US-listed China stocks fall as stimulus measures disappointFutures mixed: Dow up 0.02%, S&P down 0.06%, Nasdaq down 0.16%Aug 11 (Reuters) - U.S. stock index futures were subdued on Friday as investors awaited producer prices data that could offer more clarity on the Federal Reserve's rate hike path. Investors are now focused on the producer prices data due at 8:30 a.m ET that will offer more insight into inflation in the world's largest economy. U.S. Labor Department's producer price index (PPI) for final demand, is expected to rise 0.2% in July, after growing 0.1% in June. "This (PPI) data set is something of a crystal ball for consumer price inflation; when producers charge more for goods the higher costs are usually passed on to households." "Higher yields incentivize investors to park their cash in the safety of bonds, and therefore decreases demand for risky plays like equities."

Persons: Brendan McDermid, Russ Mould, AJ Bell, Marios Hadjikyriacos, Bansari Mayur Kamdar, Johann M, Vinay Dwivedi Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Benchmark, Labor, PPI, Dow e, Nvidia, Treasury, XM, Thomson Locations: New York City, U.S, China, JD.com, Bengaluru

☆ Florida's political climate is driving away thousands of visitors and millions of dollars
▼ + stars: | 2023-08-06 | by ( Alicia Wallace | ) edition.cnn.com time to read: +17 min

Nobody knows.”Construction of an 801-room Omni hotel alongside the Broward County Convention Center in Fort Lauderdale, Florida, on March 22, 2022. Broward County, which invested $1.5 billion in the expansion and renovation of its convention center, has not seen the future bookings it anticipated. In Tampa, the city’s largest convention center hasn’t seen any events cut bait. National Society of Black Engineers members attend the first day of the organization's 49th Annual Convention, which took place from March 22-26 in Kansas City, Missouri. The NSBE recently announced plans to move its 50th annual convention from Orlando, citing the political climate, travel advisories and recently passed laws.

Persons: Ron DeSantis, DeSantis, ”, Stacy Ritter, “, Ritter, Rebecca Blackwell, Grace Hopper, AERA, Tony Pals, Phelan M, Mark Tester, ” Juan Lopez, Jeremy Redfern, ” Redfern, Janeen Uzzell, Bill, Laxmi Ramasubramanian, Petra Doan, Doan, ” Doan, Jack Johnson, Martin Luther King Jr, Bill ”, we’ve, ” Johnson, Glenn Ross, Johnson, Lauderdale’s Ritter, Nadine Smith, ‘, ” Smith Organizations: Minneapolis CNN, Republican Florida Gov, Sunshine State, Lauderdale, Democratic, Omni, Broward County Convention, Orlando’s Orange County Convention, Society of Black Engineers, Research, of periOperative, Global, CNN, Orange County Convention, AP, AORN, Tampa Convention, Tampa, Comic Convention, “, Math Association of America, MAA, National Society of Black Engineers, NAACP, National Urban League, Black Power, Association of Collegiate Schools of Planning, Florida State University, Destinations International, Arizona, Indy, Associated, Getty, Equality Locations: Minneapolis, Florida, Lauderdale, Broward County , Florida, Broward County, Fort Lauderdale , Florida, Broward, Orlando’s Orange County, United States, Orlando after Florida, Orange County, Orlando, Tampa, Orlando , Florida, Kansas City , Missouri, “, Miami, Maine, Arizona , Indiana, North Carolina, Indiana, Associated Press, California, Tennessee, Texas, Equality Florida

A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York, February 24, 2016. LTL's bankruptcy proceedings have largely paused the 38,000 lawsuits against J&J, although one case was allowed to proceed to a $18.8 million verdict in July. But David Molton, an attorney for the official committee representing cancer claimants in LTL's bankruptcy, said that a temporary prohibition on new bankruptcy filings was appropriate, given LTL's repeated bankruptcy filings. Kaplan, who dismissed LTL's second bankruptcy, said he was not inclined to block future bankruptcy filings because circumstances could change in the next six months. But the judge said he was open to further written arguments on that point before issuing a formal decision closing LTL's second bankruptcy case next week.

Persons: Johnson, Mike Segar, J, Michael Kaplan, Greg Gordon, David Molton, Kaplan, LTL's, J's, Dietrich Knauth, Cynthia Osterman Organizations: REUTERS, Johnson, LTL Management, U.S . Department of, J, Thomson Locations: New York, Trenton , New Jersey, LTL's, Texas

☆ I drove the $70,000 Genesis GV60: See inside the futuristic Tesla rival that has facial recognition and a crystal ball
▼ + stars: | 2023-07-31 | by ( Tim Levin | ) www.businessinsider.com time to read: +1 min

I drove the Genesis GV60, a new electric SUV from Hyundai's luxury brand. The GV60 Performance I tested costs around $70,000. I got to spend a few days this month testing one of the most exciting new Tesla rivals out there: the Genesis GV60. The small electric SUV from Hyundai's luxury offshoot packs quirky styling, a comfy interior, and all the tech you could ask for. Plus, the Performance model I drove — stickered at right around $70,000 — packed a serious punch whenever I floored it.

Persons: — stickered Organizations: Morning

☆ Elon Musk touched on Nvidia, Cybertruck, Warren Buffett, and the dangers of debt on Tesla's latest earnings call. Here's his 12 best quotes.
▼ + stars: | 2023-07-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Elon Musk mentioned Warren Buffett, Nvidia, cyborgs, and "Game of Thrones" on Tesla's earnings call. Musk is worried about rising credit-card debt and the bewildering economic backdrop. The Twitter owner and Tesla and SpaceX CEO also warned retail investors about the dangers of margin trading, rang the alarm on rising credit-card debt, and said he's totally confused about the state of the global economy. In fact, if you look at the rise in credit-card debt, they're not breaking even every month. Credit-card debt is freaking scary."

Persons: Elon Musk, Warren Buffett, Tesla's, he's, they're, I'm, They've, That's, we've, I've Organizations: Nvidia, Service, Privacy, SpaceX Locations: Wall, Silicon

☆ Elon Musk says he doesn't 'know what the hell is going on' with the economy
▼ + stars: | 2023-07-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

I don't know what the hell is going on," Musk, the CEO of car company Tesla, said during a second-quarter earnings call with analysts on Wednesday. Tesla has already slashed prices for its electric vehicles, or EVs, repeatedly this year to not only keep up with the competition but also the economy. Tesla reported an all-time high revenue of $24.93 billion on Wednesday, beating the $24.47 billion analysts had forecast, per Refinitiv data. Earnings per share came in at 91 cents per share adjusted, beating the 82 cents per share analysts had expected. Tesla's share prices fell 4.2% to $279.07 apiece in after-hours trade.

Persons: Elon, Tesla, it's, Elon Musk, Musk Organizations: Service, US Federal Reserve Locations: Wall, Silicon

☆ A couple in their 30s that hit a net worth of $1 million have more than 95% of their stock portfolio invested in 3 index funds and the rest in one individual stock. Take a look at their portfolio.
▼ + stars: | 2023-07-13 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Once they were debt-free, they went all-in on index funds. But once they were debt-free and in the position to start investing, they went all-in on index funds. He selected three specific index funds to invest in: the Vanguard Total Stock Market Index Fund (VTSAX), the Vanguard Total International Stock Index Fund (VTIAX), and the Vanguard Emerging Markets Stock Index Fund (VEMAX). Courtesy of Brennan and Erin SchlagbaumMore than 95% of his and Erin's stock market money is in one of these three funds. There are three things that wealthy people invest in: the stock market, business, and real estate.

Persons: Brennan, Erin Schlagbaum, That's, He's, Brennan Schlagbaum, Schlagbaum, it's, Crypto, Brennan Schlagbaum Schlagbaum Organizations: CPA, Market Index, Vanguard, Index, SEC Locations: Arlington , Texas, Texas

☆ New ETFs give income investors different ways to play volatile bond yields in the second half
▼ + stars: | 2023-07-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

The Pimco Multisector Bond Active ETF (PYLD) launched in June, giving investors a way to follow one of the biggest names in fixed income during the volatile bond market. As the fixed income ETF market matures, major asset managers are trying their hand at multisector bond funds. Recent launches include Capital Group's U.S. Multisector Income ETF (CGMS) and BlackRock's Flexible Income ETF (BINC) , which is co-managed by Rick Rieder , the firm's chief investment officer for global fixed income. For financial advisors or investors who want to make investment decisions themselves, there are more targeted bond funds available. "There's a pretty long runway for investors to increase their allocation to fixed income.

Persons: Rick Rieder, Dan Ivascyn, Sonali Pier, D.J, Tierney, you've, Schwab, Schwab's Tierney Organizations: Treasury, Capital, Multisector, Pimco, CNBC, Schwab Asset Management, Fed Locations: Capital Group's, U.S, iShares

☆ June jobs report preview: Growth but gradual cooling expected
▼ + stars: | 2023-07-06 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN —When the June jobs report lands on Friday, it’s all but certain to show that the US labor market has added jobs for 30 consecutive months. And this year’s monthly average of 314,000 net job gains far exceeds what was seen before the pandemic, including during that 100-month stretch post-Great Recession. Sarah House, senior economist at Wells Fargo, said she’s expecting a “gradual cooling” to wash over the labor market. “The jobs market is not collapsing,” she said. The timing of the Fourth of July holiday resulted in a load of labor market data landing within 24 hours of the government’s monthly jobs report.

Persons: Sarah House, she’s, ”, wilder, Andy Challenger, ” Aaron Terrazas Organizations: Minneapolis CNN, Federal Reserve, of Labor Statistics, Labor, Challenger, Fed Locations: Minneapolis, Wells Fargo

☆ From George Washington to Donald Trump, America’s obsession with secret societies is a mainstay of our democracy — and it resurfaces whenever there’s a renewed push for civil rights, author of new boo
▼ + stars: | 2023-07-01 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +11 min

Multiple presidents, from George Washington to Donald Trump, have endorsed conspiracy theories. George Washington and Abraham Lincoln both openly espoused conspiracy theories of various kinds. It was important for me early on to make a distinction between actual conspiracies and conspiracy theories. And those tend to be a specific cover-up around specific things, there's an identifiable group of actors and once you start doing basic journalism, these things tend to unravel pretty quickly. So I think that's, unfortunately, where we're heading.

Persons: Colin Dickey's, George Washington, Donald Trump, —, Colin Dickey, Dickey, Trump, Abraham Lincoln, Hillary Clinton, Jeffrey Epstein Organizations: Freemasons, Service, American, United, Civil Rights Movement, People Locations: United States, —, America, Iran, Salem

☆ Exclusive: How this under-the-radar VC landed a $27 million third fund and bets in some of the buzziest startups like Jasper and Motherduck
▼ + stars: | 2023-06-21 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +5 min

Essence VC has raised its third fund of $27 million from LPs like Cendana and Sapphire Ventures. The fund has bet on buzzy startups like generative AI darling Jasper and a16z-backed Motherduck. And now, his firm Essence VC has just raised its $27 million third fund. The latest fund, backed by VC firms and funds of funds including Cendana Capital, Vintage Investment Partners, Sapphire Ventures, Level Ventures, and Crossover, follows a $7 million and $1 million fund. However, the "first-mover advantage" for startups also holds true in the land of VC, Chen says.

Persons: Jasper, Tim Chen, you've, Liz O'Sullivan, Vera, Chen, Scott Shi, —, Chi Zhang, Tim, Zhang, funder Chen, Christos Kozyrakis, Michael Huang, They're, it's, Ben Van Roo, Van Roo, Chen wasn't Organizations: Sapphire Ventures, Cendana, Vintage Investment Partners, Level Ventures, Founders, Stanford, Cloudera, Google Locations: a16z

LOS ANGELES, June 13 (Reuters) - Brooks Koepka on Tuesday said he was halfway to his goal for major titles after claiming his fifth at last month's PGA Championship and hopes to add one more at the U.S. Open in Los Angeles this week. "Double digits, that's what I'm trying to get to," the confident American told reporters at the Los Angeles Country Club. The way I've prepared, the way I've suited my game for these things is going to help me. As to whether he plans to rejoin the PGA Tour when eligible to do so next year and if he would advocate for the inclusion of LIV's team golf concept, he declined to speculate. Reporting by Rory Carroll in Los Angeles Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Brooks Koepka, Koepka, I've, LIV Golf, I'm, Rory Carroll, Toby Davis Organizations: U.S, Masters, PGA, Los Angeles Country Club, Saudi Arabia's Public Investment Fund, PGA Tour, U.S ., Thomson Locations: ANGELES, Los Angeles, Saudi

☆ Why running for president has a lot of upsides, even for the candidates who lose
▼ + stars: | 2023-06-03 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com time to read: +12 min

Often, candidates can even get the book deals before they run for president, especially if there's a lot of buzz around them. CNN host and debate moderator Wolf Blitzer stands in front of the Republican presidential candidates in 2016. outlook has taken hold among both Republican and Democratic presidential candidates. Numerous presidents were once failed presidential candidates, including Lyndon Johnson, Richard Nixon, George H.W. "The only way to learn how to run for president," Sullivan said, "is to run for president."

Persons: —, Donald Trump, Ron DeSantis, Nikki Haley, Sen, Tim Scott of, Asa Hutchinson, Vivek Ramaswamy, Larry Elder, Mike Pence, Chris Christie, Doug Burgum, It's, Marco Rubio's, Terry Sullivan, Sullivan, who've, Pete Buttigieg, Kamala Harris, Kent Nishimura, aren't, Kamala Harris of, Joe Biden, Stacy Rosenberg, Haley, Glenn Youngkin —, Elizabeth Warren, Bernie Sanders, J, Miles Coleman, Ball, Mike Huckabee, Spencer Platt, Rosenberg, Doug Heye, Trump Adam Kinzinger hasn't, Archie Bunker, Trump, Hutchinson, Sanders, Michael Benet of, Biden, Heye, Rubio, John Hickenlooper, Hickenlooper, Wolf Blitzer, David J, Phillip, Hillary Clinton, Scott, Jimmy Carter, Bill Clinton, he's, Coleman, Lyndon Johnson, Richard Nixon, George H.W, Bush — Organizations: Service, GOP, Florida Gov, Arkansas Gov, New, New Jersey Gov, North Dakota Gov, White, Trump, Transportation, Los Angeles Times, Getty, Carnegie Mellon University's Heinz College of Information Systems, Public, Virginia Gov, Publishers, Macmillan Publishing, Senators, University of Virginia Center for Politics, Former Arkansas Gov, Fox News, Netflix, Republican, Democratic, Child Tax, Florida Republican, Capitol, CNN, Georgia Gov Locations: Florida, Tim Scott of South Carolina, Arkansas, New Jersey, Millenial, South Bend , Indiana, Kamala Harris of California, Virginia, Iowa, California, Illinois, United States, Michael Benet of Colorado, Colorado, New Hampshire

☆ The AI software market will boom to $787 billion by 2026. Here are the top 20 stocks that will lead, according to Bank of America.
▼ + stars: | 2023-05-31 | by ( Laila Maidan | ) www.businessinsider.com time to read: +2 min

Bank of America reviewed 30 stocks to determine which ones will benefit from AI software demand. But Bank of America expects the global AI market to reach $900 billion by 2026, up from just under $600 billion this year. A large chunk of that growth will come from the AI software sector at $787 billion. A May 30 note from Bank of America listed the top-three factors that lend themselves to success within the sector. The results were compiled into a ranking system from Tier 1 to Tier 3, with the former being best-positioned for the AI opportunity.

Persons: Brad Sills, Sills Organizations: of America, Bank of America

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