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New York CNN —Facebook once again finds itself in the crosshairs of former President Donald Trump. “It has everything to do with the comments from former President Trump,” Gil Luria, an analyst at D.A. Well, Trump argues that banning TikTok would help Facebook, a company the former president has a long history of battling with. Meta reinstated Trump’s Facebook and Instagram accounts in February 2023. Specifically, Luria said Trump, if elected president, could pressure Facebook by making it harder for Meta to make acquisitions in the future.
Persons: Donald Trump, Trump, ” Gil Luria, Davidson, ” Trump, Republicans –, Meta, , Luria, ” Luria, Joe Biden Organizations: New, New York CNN, Facebook, CNBC, , Trump, Truth, D.A, CNN, Republicans, Capitol, Meta, Truth Social, Trump Media & Technology Group Locations: New York, United States, Trump, Washington, China
Some "friendly competition is always good," American Airlines told WSJ. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Tracy hopes to jump from Gold to Platinum status on the AAdvantage loyalty program. Chris Isaac, director of American Airlines' AAdvantage program, told the Journal, "We certainly don't want to sow marital discord. AdvertisementAn American Airlines spokesperson did not immediately return a request for comment.
Persons: , Gil, Tracy Sternbach, Tracy, Chris Isaac Organizations: American Airlines, Service, Delta, Wall Street Journal, Flyers Locations: Florida
Investors may want to keep an eye on this artificial intelligence voice-and-speech recognition stock with ties to Nvidia . Shares of SoundHound AI have surged almost 170% this year and nearly 347% in February alone as investors bet on new applications for the booming technology trend that has taken Wall Street by storm. SOUN YTD mountain SoundHound shares in 2024 While the Nvidia investment isn't new news for investors and analysts, it does reinforce SoundHound's value proposition. "With voice enabled units expected to grow to 70% of shipments by 2026, this represents a significant growth opportunity, in our view," he added. He estimates an $11 billion total addressable market when accounting for the immediate opportunities from quick-service restaurants and original equipment manufacturers.
Persons: Dan Ives, Ives, SoundHound, Ladenburg Thalmann's Glenn Mattson, Krispy, Davidson's Gil Luria, Cantor Fitzgerald's Brett Knoblauch, Wainwright's Scott Buck Organizations: Nvidia, Wedbush Securities Locations: Krispy Kreme, Jersey
CNN —Real Madrid star Jude Bellingham was sent off after he was denied an injury-time winner against Valencia on Saturday. That prompted Bellingham, along with other Real Madrid players, to remonstrate angrily with the referee, only for the midfielder to be shown a red card as the match ended 2-2. Real Madrid pulled a goal back through Vinícius Jr. right on the stroke of halftime and continued to push for an equalizer in the second half. He had celebrated his first goal by raising his fist into the air on what was his 250th appearance for Real Madrid. Real next plays RB Leipzig in the Champions League on Wednesday, while Valencia returns to action in the league against Getafe next Saturday.
Persons: Jude Bellingham, Gil Manzano, remonstrate, Hugo Duro, Roman Yaremchuk, Dani Carvajal’s, Vinícius Jr, Vinícius, David S, Bustamante, Duro, Brahim Díaz, Manzano, Bellingham “, , , Carlo Ancelotti, it’s, It’s, ” Ancelotti, ” Bellingham's, Pablo Morano, Valencia Organizations: CNN — Real Madrid, Valencia, Real Madrid, Bellingham, Mallorca, Leipzig, Champions League, Getafe Locations: Bellingham, Valencia, Girona
Having a higher VO2 max is good, but more important for health is how the number changes over time. There's a way to use VO2 max to improve heart health and fitness without getting too bogged down in the data. So you have a higher VO2 max, you have a better endurance capacity," Blander said. Men tend to have a slightly higher VO2 max, so an example for an active man could be around 42 mL/kg/min. "If you have higher VO2 max you have a much better chance based on our data analysis to live better, longer, which is amazing," Blander said.
Persons: , Bryan Johnson, Gil Blander, It's, Blander, Archibald Hill, Hartley Lupton, Edo, Louw, Paz, Mike Thomson, Kate Baird, Baird, Thomson, Nico De Pasquale Organizations: Service, Apple, Cleveland Clinic, White Plains Hospital, Getty Locations: Edo Paz, White
Team owners will meet at the annual league meeting in March to discuss private equity. The investment ownership model is favored in the NBA, MLB and NHL— but not in the NFL. So, what will a rule change mean for institutional investors and their Wall Street brokers, as well as owners and sports fans? Experts also think NFL team owners' "wealth would increase drastically," said Rotthoff— due to the considerable profits they've already made from team valuations in the past decade. Wall Street investment banks could also benefit in their role as advisors to wealthy investors and sports teams, including helping to connect buyers with sellers.
Persons: , Josh Harris, Mark Patricof, Carrie Potter, Mellody Hobson, Condoleezza Rice, Sir Lewis Hamilton, Kurt Rotthoff, Dwayne Wade, Venus Williams, Eric Thomas, Gil Fried, Rotthoff, Rob Gronkowski, Spencer Platt, Goldman Sachs, Thomson, Taylor Swift, Jamie Squire, Potter, Fried Organizations: NBA, MLB, NHL, NFL, Service, Silicon, Forbes, The, Patricof, Rice, Denver Broncos, Seton Hall, Wall, Kansas City Chiefs, West, Sport Finance, Sports, Group, Wall Street, Chiefs, Dolphins, Getty Locations: The Washington, Crestview, United States, Orlando , Florida, West Florida
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewOnly months after buzzy AI search-engine startup Perplexity AI raised its last round of funding, the company is yet again raising additional funds, as investors clamor to back tech's next big generative AI startup. This story is available exclusively to Business Insider subscribers. Perplexity is raising this additional money at a significantly higher valuation cap than its previous pricing of $520 million, according to two people with direct knowledge. A spokesperson told Business Insider that the details of the deal were incorrect but did not clarify when asked for further information.
Persons: , clamor, Jeff Bezos, Perplexity, OpenAI's ChatGPT, Google's Bard, Aravind Srinivas, It's, Elad Gil, Nat Friedman, Fred Wilson, aren't Organizations: Service, Google, Business, Institutional Venture Partners, New Enterprise Associates, Bessemer Venture Partners, Nvidia Locations: OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple pulling out of EV project was the right move, says Wedbush's Dan IvesDan Ives, Wedbush Securities analyst, and Gil Luria, D.A. Davidson senior software analyst, joins 'Squawk on the Street' to discuss each analyst's take on Apple's move out of automobiles, any idea how much capital Apple put towards its electric vehicle ambitions, and much more.
Persons: Wedbush's Dan Ives Dan Ives, Gil Luria, D.A Organizations: Apple, Wedbush Securities, Davidson
The bank increased its price target for Nvidia to $820 from $575 in a Feb. 22 note. TD Cowen said in a Feb. 21 note that the company is likely to maintain strong data center growth in the coming years. It raised its price target for Nvidia from $800 to $925. Luria only has a neutral rating for Nvidia, giving it a $410 price target — implying a 47% downside. Bottomline: According to FactSet, analysts covering Nvidia gave it a 93% buy rating, with an average price target of $850.97, implying upside of 8.4%.
Persons: Jeff Pu, CNBC's, TD Cowen, BofA, Gil Luria, D.A, Davidson, Luria, — CNBC's Michael Bloom Organizations: Nvidia, Citi, Haitong, Apple, NVIDIA, Microsoft, Google, AMD, Intel Locations: BofA
Nvidia set to report fourth-quarter earnings after the bell
  + stars: | 2024-02-21 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
Nvidia is scheduled to announce fiscal fourth-quarter earnings after the bell Wednesday in a highly anticipated report that will give Wall Street a sense of how long the AI boom can last. Nvidia has to meet elevated expectations stoked by investor appetite for AI companies. Investors want to hear from Nvidia CEO Jensen Huang about how long these stratospheric growth rates can last. In the current quarter, Wall Street analysts expect a 208% rate of growth to about $22.17 billion in sales. But the focus Wednesday will remain primarily on its AI GPUs, which make up more than 80% of Nvidia sales.
Persons: Jensen Huang, D.A, Davidson, Gil Luria, Thomas O'Malley Organizations: Nvidia, Microsoft, Google, Wall Street, Barclays
Nvidia posts Q4 beat on revenue and earnings
  + stars: | 2024-02-21 | 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 EmailNvidia posts Q4 beat on revenue and earningsCNBC's Kristina Partsinevelos along with D.A. Davidsons' Gil Luria and Patrick Moorhead, Moor Insights and Strategy, join 'Closing Bell Overtime' to talk Nvidia Q4 results.
Persons: CNBC's Kristina Partsinevelos, Davidsons, Gil Luria, Patrick Moorhead Organizations: Moor, Nvidia
Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Nvidia's stock price has soared fivefold since the end of 2022, as demand has skyrocketed for its graphics processing units that sit at the heart of the artificial intelligence boom. Nvidia's chips, such as the H100, are used by AI developers to create cutting-edge models like the ones OpenAI used to develop ChatGPT. The company's market cap climbed to about $1.8 trillion last week, surpassing Alphabet and Amazon and now trailing only Microsoft and Apple . "NVDA's stock appreciation has been parabolic," analysts at Bank of America wrote in a report Thursday.
Persons: Jensen Huang, Davidson, Gil Luria, Luria, Thomas O'Malley, O'Malley, There's, Ben Reitzes Organizations: Nvidia, Investors, Microsoft, Apple, Bank of America, Google, Barclays, Taiwan Semiconductor Manufacturing Company, Melius Locations: FactSet
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today’s big story, we’re looking at Google’s new internal AI model aimed at improving worker efficiency. The big storyAI assistanceCBS Photo Archive/Getty ImagesGoogle employees are getting an AI-powered wingman in the company’s bid to improve efficiency. Goose can answer questions about Google's tech and write and edit code, according to an internal summary of the model. Tech companies have tested inventions on their own employees for years in a process known as "dogfooding," writes BI's Alistair Barr.
Persons: , Denny's, customizations, Hugh Langley, Tom Cruise’s copilot, Alistair Barr, Tyler Lee, , Bryan R, Smith, Wall, Gary Gensler, We’re, Société, Elad Gil, Gil, ChatGPT, it’s, Uber, Nomura, Young homebuyers, Meredith Whitney, Donald Trump, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, CBS, Getty, Microsoft, OpenAI, Tech, Google, Big Tech, Fed, UBS, SEC, Silicon Valley’s, BI, Xbox, Dragon, Workers, Wall Locations: China, New York, London
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe year of the "AI app layer"Gil sees 2024 as the year that the “AI app layer” will start to crystalize, bringing the power of rapidly advancing foundation models to the masses. For someone with so much skin in the AI game, it’s notable that Gil’s portfolio does not include the big foundation models companies like OpenAI, Anthropic, and Cohere. Gil says he has been impressed with how quickly the legacy tech companies have moved to corner the market on cutting-edge AI research. But with the Biden administration’s more robust antitrust posture, Gil says there’s a lot of much-needed consolidation that’s not happening.
Persons: , OpenAI, Elad Gil, Harvey, Character.ai, “ We're, ” Gil, ChatGPT, Gil, Gil's, , “ they’ve, Biden, there’s Organizations: Service, Business, Twitter, Mixer Labs, Google, Apple, Fortune, “ Enterprises Locations: Airbnb, MistralAI, Silicon Valley
Berry, who drives for Stewart-Haas Racing and will make his Daytona 500 debut on Sunday, wished he had Swift sign a yearbook. “I would have already sold it by now,” he quipped Wednesday at Daytona 500 media day. For the Daytona 500, Hard Rock is taking bets on everything from winning driver and winning race team to top Ford, Chevrolet and Ford drivers. That’s the fastest I’ve ever accelerated because of the all-wheel drive and the torque.”YELEY BEHIND THE WHEELJ.J. Yeley was a late addition to the Daytona 500. DE FERRAN TRIBUTEAustin Cindric, the 2022 Daytona 500 winner, has dedicated this race to late open-wheel star Gil de Ferran.
Persons: — Taylor Swift, Josh Berry’s, Swift, Berry, Stewart, Haas, , , Dang, ’ ” Berry, ” Berry, David Ragan, Ragan, ” Ragan, They’re, I’ve, Yeley, Greg Biffle, ” Biffle, FERRAN, Austin Cindric, Gil de Ferran, De Ferran, Cindric’s, Tim, Austin, ” “ Gil, ” Cindric Organizations: DAYTONA, Henderson, Daytona, ESPN Bet, NASCAR, Ford, Chevrolet, Martinsville Speedway, Toyota, EV, NY Racing, Team Penske, Penske, California Speedway Locations: Fla, Tennessee, Florida, BetMGM, Martinsville, Indianapolis
COLUMBIA, S.C. (AP) — The South Carolina House has given key approval to a bill allowing liquor stores to stay open on Sundays for a few hours if their local governments allow it. Supporters said it is time to update antiquated, centuries-old rules based on religion that designated Sunday as a day of rest. But liquor stores have remained closed. Only a handful of states still don’t allow liquor stores to open on Sunday, including North Carolina, Texas and Pennsylvania. “One of our long time values in South Carolina is a day of rest," said McCravy.
Persons: , Gil Gatch, , John McCravy Organizations: COLUMBIA, South Carolina House, Republicans, Republican, Walmart, South Carolina, BMW Locations: South Carolina, Summerville, Carolina, South, U.S, North Carolina , Texas, Pennsylvania
CNN —White House spokesman John Kirby told reporters on Tuesday that the US government is “deeply concerned” by the arrest of activist and security analyst Rocio San Miguel in Caracas, Venezuela. On Tuesday, Venezuela’s Attorney General Tarek William Saab announced on X that San Miguel had been charged overnight with treason, conspiracy, terrorism and criminal association as part of an investigation into the “White Bracelet” plot. “White Bracelet” is the name of an alleged plot to kill President Nicolas Maduro that the Venezuelan government denounced in January, and for which it has presented no evidence. San Miguel’s ex-husband Alejandro Gonzales was also charged with revealing military secrets, while four other citizens were released, Saab said. They are complicit in (terrorism) and interventionist actions against Venezuela,” Gil wrote on X.
Persons: CNN —, John Kirby, , Rocio San, , ” Kirby, Juan Luis Gonzalez, Tarek William Saab, Miguel, Nicolas Maduro, Miguel’s, Alejandro Gonzales, Yvan Gil, Maduro, Vladimir Padrino, Freddy Bernal, , ” Gil Organizations: CNN, Maiquetia, Venezuela’s, Saab, UN, Commission, Human Rights, Interamerican, Amnesty International Locations: Rocio San Miguel, Caracas, Venezuela, Miguel, Venezuelan, Spanish, United States, Tachira
Enter a pocket-sized red book known as the Michelin Guide. As a result, more French people had a desire to tour the country, making the Michelin Guide increasingly essential. The Michelin Guide now covers over 30,000 restaurants across three continents and more than 30 million guides have been sold. Addison is one of 13 three-star Michelin restaurants in the US and the only one in all of Southern California. A Michelin logo on a chef's uniform at the gala presentation of the Michelin Guide Spain on December 14, 2021.
Persons: André, Édouard Michelin, André Michelin, Édouard, Olivier Darmon, Guenter, ” Darmon, Darmon, ” William Bradley, Addison, William Bradley, Lauren di Matteo Addison, Bradley, ” Bradley, , Roberto Alcocer, Christophe Bellanca, Christophe, Jordan Younis, Liz Clayman, Christophe Bellanca’s, they’re, Gwendal Poullennec, Richard Saker, Christophe Bellanca's, Alan Batt, ” Poullennec, Taylor Swift’s, Jorge Gil, Carbone, Jay, Kim Kardashian, Barack Obama, It’s, didn’t, Kevin Thornton’s, ” Thornton, Thornton, Michelin “, Bobby Yip, don’t, ’ ”, Alcocer, He’s, ” Bellanca Organizations: New, New York CNN, Michelin, Ferrand, Michelin Tire Company, Compagnie, des, Culture, AAA, CNN, Washington Post, Bellanca, Michelin Guides, Spain, Europa Press, Major Food Group, Irish Times, Conted, Reuters Locations: New York, Clermont, Paris, France, Europe, United States, San Diego, Southern California, Addison, Valle, Mexican, Oceanside, Oceanside , California, New York City, Cartmel, Cumbria, England, Kevin Thornton’s Dublin
In its second quarter, the materials company posted earnings of 36 cents per share, greater than the 26 cents per share anticipated by analysts polled by StreetAccount. In its fourth quarter, the company posted adjusted earnings of 87 cents per share, compared to guidance of 85 cents to 87 cents in earnings per share. The company said it was committed to announcing a $3.5 billion share buyback for the first half of the year. The insurance service company reported adjusted earnings of $7.44 per share, topping the FactSet consensus estimate of $7.05 in earnings per share. Analysts polled by FactSet were expecting earnings of $1.08 per share on revenue of $1.24 billion.
Persons: Li, Willis Towers Watson, Gil Shwed, DocuSign, FactSet, Rambus, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Yun Li, Tanaya Macheel, Jesse Pound, Pia Singh Organizations: LSEG, StreetAccount, GE HealthCare Technologies, FactSet, Li Auto, Deutsche Bank, Spotify Technology, DuPont de Nemours, BP —, BP, Simon Property Group, Simon Property, United Parcel Service, UBS, Software Technologies, UBS — U.S, FMC Locations: StreetAccount ., FactSet ., Mississippi, Dalton , Georgia, Dalton, Swiss
Check Point CEO to step down
  + stars: | 2024-02-06 | 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 EmailCheck Point CEO to step downGil Shwed, Check Point Software CEO, joins 'Money Movers' to discuss why Shwed has decided to step down as chief executive, what qualities he is looking for in his successor, and more.
Persons: Gil Shwed, Shwed Organizations: Software
Adam Neumann is exploring an offer to buy back the now-bankrupt WeWork, per the NYT. It could be a similar move to Steve Jobs' revival as the Apple CEO, 12 years after he resigned. AdvertisementWeWork cofounder Adam Neumann is exploring an offer to buy the now-bankrupt company, The New York Times' DealBook first reported. Neumann has met with WeWork several times since December to discuss buying it or its assets, or providing it with financing, per the letter. In a statement shared with Business Insider, a WeWork spokesperson said: "WeWork is an extraordinary company.
Persons: Adam Neumann, Steve Jobs, Neumann, Dan Loeb's, , DealBook, Alex Spiro, WeWork, Jobs, Gil Amelio, Amelio's Organizations: WeWork, Apple, Service, The New York Times, Elon, Flow, NeXT, Macworld, Business
Some respondents did not mention names but wrote variants of "hostage families", reflecting the impact of the Forum itself and its "Bring them home now" campaign. Political scientist Tamar Hermann of the IDI said solidarity with the hostage families was blending with broader anti-government sentiment, partly rooted in a huge pre-war protest movement against Netanyahu's plan to overhaul the judiciary. New or existing left-wing parties could be a natural fit for any hostage relatives who did decide to go into politics. Conversely, the hostage families are seen as opponents by some on the right, and especially on the ultra-nationalist far right, which has sway over Netanyahu because it is part of his fragile coalition. Some of Netanyahu's hard-right supporters in politics and media portray the hostage families as leftists abusing public sympathy to further their anti-government agenda, said political scientist Gideon Rahat of the Hebrew University.
Persons: Emily Rose, Estelle Shirbon, pollsters, Benjamin Netanyahu's, Nimrod Nir, Gil Dickmann, Carmel Gat, Jonathan Shamriz, Alon, Israel, Dror, Yonat, Netanyahu, irked Netanyahu, Sunday Israel, Tamar Hermann of, IDI, Tomer Reznik, implacably, Gideon Rahat, Eliyahu Libman, Elyakim, Libman, Mark Heinrich Organizations: Reuters, Truman Research Institute, Hebrew University of Jerusalem, Families Forum, Israel, Hamas, Sunday, Truman Institute, Israel Democracy Institute, IDI, Hebrew University, West Bank Locations: Estelle Shirbon JERUSALEM, LONDON, Gaza, Israel, Qatar, Egypt, United States, Kiryat Arba
HAVANA (Reuters) - Cuban president Miguel Díaz-Canel sacked economy minister Alejandro Gil on Friday, state media reported, as controversy continued to grow over the delay of recently announced measures to hike the price of fuel and transportation fares in the communist-run country. The Council of State, under Diaz-Canel`s direction, has appointed Central Bank president Joaquín Alonso, 60, to replace Gil. The upheaval comes just two days after the government put off an unpopular five-fold hike in gasoline prices planned for Feb. 1, saying a cyberattack from outside Cuba had thwarted implementation. Former economy minister Gil had advocated for the unpopular plan to raise prices for many government subsidized services, and has long been criticized for his management of the country`s near-bankrupt economy. Gil's planned price hikes, initially announced in December and early January, rocked Cuba, where residents have long depended on a vast program of state subsidized food, fuel and medicine.
Persons: Miguel Díaz, Canel, Alejandro Gil, Diaz, Joaquín Alonso, Gil, Elba Rosa Perez, Eduardo Martinez, Alberto Lopez, Manuel Santiago Sobrino, Nelson Acosta, Dave Sherwood, Kirsten Donovan Organizations: of State, Central Bank, Technology, Food Industry Ministry Locations: HAVANA, Cuban, Cuba, Santa Clara
Commercial real estate trends to watch in 2024
  + stars: | 2024-01-29 | 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 EmailCommercial real estate trends to watch in 2024Gil Borok, Colliers U.S. CEO, joins 'The Exchange' to discuss the health of commercial real estate investments in 2024, office real estate since the Covid-19 pandemic, and more.
Persons: Gil Borok Organizations: Colliers U.S
Bilas said during the “College Gameday” show that fans should never be allowed on the court, and his comments went viral. “But it seems inevitable that something negative will happen, and we’ll act surprised when it was foreseeable.”A Tulane fan was seen on video making contact with a Memphis player during a court storming in New Orleans hours after the Clark incident on Jan. 21. Fans also stormed the court at Oregon State on Thursday and at Iowa State and Wyoming on Saturday. The court storming at Iowa State's Hilton Coliseum following Saturday's 79-75 win over No. SEC fines are paid to the visiting school if the storming occurred in a conference game.
Persons: Caitlin Clark, Clark, Jay Bilas, Bilas, ” Bilas, , Gil Fried, Fried, Micah Willbrand, Ben Johnson, ” Johnson, , it’s, Herb Vincent, Emeritus Harris Pastides, It's, they'd Organizations: Ohio State, Buckeyes, Hawkeyes, ESPN, Gameday, Associated Press, Tulane, Southeastern Conference, South, Kentucky, Oregon State, Iowa State, University of West, NEC, Iowa State's Hilton, Security, Jayhawks, ISU, SEC, Carolina, Gamecocks, NFL, NBA Locations: Iowa, Columbus, Memphis, New Orleans, South Carolina, Wyoming, University of West Florida, Europe, Latin America, United States, Kansas, Minnesota
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