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Goldman Sachs reiterates Apple as buy Goldman said it's bullish heading into the company's Worldwide Developer's Conference on June 10. " Mizuho reiterates Meta as buy Mizuho said its sticking with its buy rating on the Meta. JPMorgan upgrades Krispy Kreme to overweight from neutral JPMorgan upgraded Krispy Kreme after a change in analyst coverage. Citi upgrades Best Buy to buy from sell Citi said in its double upgrade of the stock that it sees "upside potential." Goldman Sachs reiterates First Solar as buy Goldman raised its price target on the stock to $302 per share from $268.
Persons: Goldman Sachs, Goldman, it's, AAPL, Morgan Stanley, Tesla, We've, Jefferies, Mizuho, Wells, CAVA, Piper Sandler, Massimo, Piper, Clark, Melius, Guggenheim, Stifel, Bernstein, Airbnb, Roth, Marvell Organizations: : Bank of America, Nvidia, Bank of America, Apple, Conference, Meta, Citi, JPMorgan, JPMorgan downgrades, RBC, Kimberly, Broadcom, Guggenheim, Logistics, Auto Logistics, Inc, EBITDA, Qs, Marvell Locations: Computex, Taiwan, Siri, JPMorgan downgrades Cava
Taipei/Hong Kong CNN —Nvidia and AMD have separately launched the next generation of their artificial intelligence (AI) chips in Taiwan, as a three-way race with Intel heats up. Jensen Huang, CEO of Nvidia (NVDA), said Sunday that the company would roll out its most advanced AI chip platform, called Rubin, in 2026. The Rubin platform will succeed the Blackwell, which supplies chips for data centers and was announced only in March. But competition is growing, with major competitors AMD (AMD) and Intel (INTC) introducing new products in an effort to challenge Nvidia’s dominance. The new chip will succeed the MI300 and feature more memory, faster memory bandwidth and better computer performance, Su added.
Persons: Jensen Huang, Rubin, Blackwell, Vera, Huang, , Richard Windsor, Lisa Su, ” Su, MI300X, Su, MI400, Patrick Gelsinger Organizations: Hong Kong CNN, Nvidia, AMD, Intel, National Taiwan University, Radio Free Mobile Locations: Taipei, Hong Kong, Taiwan, , we’re, Computex
CNN —The latest attempt at an inaugural crewed launch of Boeing’s Starliner spacecraft is on track for Wednesday after a computer issue halted the countdown just moments before liftoff on Saturday. The historic mission, called the Crew Flight Test, is set to launch at 10:52 a.m. Teams safely extracted the astronauts from the capsule, and Williams and Wilmore returned to crew quarters as fuel was drained from the rocket. Boeing's Starliner spacecraft sits atop a United Launch Alliance Atlas V rocket at Cape Canaveral Space Force Station in Florida on May 31. Veteran NASA astronauts Butch Wilmore (left) and Suni Williams are seen on Saturday prior to Starliner's second launch attempt.
Persons: Butch Wilmore, Suni Williams, Lockheed Martin, Williams, Wilmore, Joe Raedle, , Tory Bruno, , it’s, Bruno, Starliner, Joe Skipper Organizations: CNN, Cape Canaveral Space Force, Veteran NASA, Atlas, United Launch Alliance, Boeing, Lockheed, NASA, Atlas V, cumulus, Weather Squadron, International Space Station, Reuters Locations: Florida, United States
At the beginning of the year, I was facing nearly $30,000 in credit-card debt. When December ticked into January, I knew it was time to face something I had been putting off: my credit-card debt. This compounded my stress about my credit-card debt. I had $5,000 in credit-card debt left after that, and I'm following my budget to pay that off. Now, I'm determined to use my clean slate to set up a solid financial future, not one built on debt.
Persons: , I've, I'd, I'm Organizations: Service Locations: Italy
Read previewOne of the most persistent concerns around generative AI is whether the technology will put workers out of a job. Github Copilot can write a lot of code these days, so is it even worth studying computer science now? There's a new data point that helps answer at least part of this question: Students are still lining up in droves to take computer science in college. Related VideoFirst-year applications to UC Berkeley's College of Computing, Data Science, and Society CDSS increased 48% this year. "Generative AI can speed up the more mundane parts of software development, and software developers tend to adopt efficiency tools quickly," he added.
Persons: , That's, Jennifer Chayes, Gavin Newsom, Fei, Fei Li, There's, John DeNero, He's, DeNero Organizations: Service, Business, University of California, UC Berkeley's College of Computing, Data Science, UC Berkeley, Berkeley's College of CDSS, Stanford, Joint California, Science, Google, Berkeley Locations: University of California Berkeley, San Francisco, Lilt
For example, a recent study conducted with 2,700 AI researchers indicated there's only a 5% chance that AI will lead to human extinction. The AI researcher teaches computer science at the University of Louisville and just came out with a book called "AI: Unexplainable, Unpredictable, Uncontrollable." Yampolskiy said he finds that unlikely since no AI model has been completely safe from people attempting to get the AI to do something it wasn't designed to do. AdvertisementGoogle AI Overviews, based on Google's Gemini AI model, is the latest product rollout that didn't stick the landing. The CEO of ChatGPT developer OpenAI, Sam Altman, has suggested a "regulatory sandbox" where people experiment with AI and regulate it based on what "went really wrong" and what went "really right."
Persons: , Lex Fridman, Fridman, Roman Yampolskiy, Yampolskiy, they've, Biden, Sam Altman, Altman, there'll, ChatGPT, Elon Musk, Eric Schmidt, Schmidt Organizations: Service, Business, University of Louisville, Google Locations: Africa
A longtime bearish analyst on Best Buy has jumped over to our side the debate after its head-turning earnings report last week. Barry said Best Buy expects to have the largest assortment of AI PCs on sale later this month from brands such as Dell, Microsoft and HP, with "more than 40% of the assortment retail exclusive to Best Buy." Based on Monday's prices, Best Buy would need to gain nearly 59% to take out its old highs. Considering the innovation pipeline ahead, Citi analysts are optimistic Best Buy shares can go even higher. People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City.
Persons: Jim Cramer, Corie Barry, Barry, Jim, it's, Jim Cramer's, Spencer Platt Organizations: Citigroup, Citi, Dell, Microsoft, HP, Nasdaq, CNBC, Getty Locations: Brooklyn, New York City
For much of the last four years, automakers and their dealers had so few cars to sell — and demand was so strong — that they could command high prices. During the coronavirus pandemic, auto production was slowed first by factory closings and then by a global shortage of computer chips and other parts that lasted for years. With few vehicles in showrooms, automakers and dealers were able to scrap most sales incentives, leaving consumers to pay full price. Some dealers added thousands of dollars to the manufacturer’s suggested retail price, and people started buying and flipping in-demand cars for a profit. But with chip supplies back to healthy levels, auto production has rebounded and dealer inventories are growing.
We have discovered the earliest evidence of fresh water and representative evidence for dry land above the sea,” he added. The research indicates that the Earth’s water cycle — when water moves between land, oceans and atmosphere through evaporation and precipitation — was operating at that point in time. The earliest widely agreed upon evidence of life — and fresh water — comes from stromatolites, fossilized microbes that formed mounds in hot springs 3.5 billion years ago, Gamaleldien said. Two zircon crystals showed isotopic evidence of meteoric or fresh water; one was 4 billion years old, while the other was 3.4 billion years old, he said. What’s more, land and fresh water, which likely would have fallen as rain, would have provided the essential ingredients for the origin of life, he said.
Persons: , Hamed Gamaleldien, ” Gamaleldien, Gamaleldien, … landmasses, Hugo Olierook, Hamed, , John Valley, Geochemist Beth Ann Bell, wasn’t, ” Bell Organizations: CNN, Nature, , Curtin University’s School of, Planetary Sciences, Khalifa University, United Arab, Curtin’s School of, geoscience, University of Wisconsin Locations: Australia, United Arab Emirates, Western Australia, Jack, John, Madison
The Democratic National Committee was watching earlier this year as campaigns nationwide were experimenting with artificial intelligence. It asked campaigns to check work by AI tools, protect against biases and avoid using AI to create misleading content. It sent the proposal in March to the five Democratic campaign committees that seek to elect House, Senate, gubernatorial, state legislative and state attorneys general candidates to office, according to the draft agreement. The Democratic committee had hoped the statement would be signed by Chair Jaime Harrison and the leaders of the other organizations. Spokesmen from the Democratic Governors Association and Democratic Legislative Campaign Committee declined to comment.
Persons: Joe Biden, Hannah Muldavin, Muldavin, Jaime Harrison, Sam Altman, Eric Schmidt, Altman, Biden, Dustin Moskovitz, Reid Hoffman, Organizations: White, Democratic National Committee, The Associated Press, Democratic, DNC, Republican National Committee, Google, Federal, Commission, Facebook, LinkedIn, Democratic Congressional Campaign, General, Associated Press, Democratic Governors Association, Democratic Legislative Locations: Washington , DC
How much do we pay for an enterprise software business that may have hit the wall, suddenly slowing down to sales growth in the high single digits from growth in the double digits? But Salesforce is the most glaring of the enterprise software behemoths, which include ServiceNow , Adobe , Workday , SAP , Intuit , and fallen star MongoDB . Or to put it another way, Salesforce needs its clients to hire more people to increase sales growth. SaaS is another form of enterprise software, is another form of applications software, is another form of kryptonite. Of course, there will be enterprise software companies that defy the slowdown.
Persons: Marc Benioff, Dow Jones, Salesforce, Ullal, Jensen Huang, that's, Thoma, , Elon Musk's, Wells, It's, Charlie Scharf, Goldman Sachs, Dan Schulman, Bill Ready, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, Marlena Sloss Organizations: Oracle, Dow, Adobe, SAP, Intuit, Mad, Arista Networks, Microsoft, Nvidia, Arm Holdings, Thoma Bravo, Taiwan Semiconductor, Indy, Federal, Paypal, Fed, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Norfolk Southern, Wells Fargo, Wells, Dover, Informatica
Mission teams are working to understand what caused an automatic hold of Starliner's launch minutes before liftoff and focusing on safely extracting the crew. Currently, the rocket and spacecraft are in a safe configuration, according to the NASA broadcast. Later today, the rocket tanks will be drained of propellant, which is called detanking. Meanwhile, mission teams will analyze the countdown sequence to find out what caused the hold, which remains unknown at this time. The Ground Launch Sequencer, or computer that essentially launches the rocket, performs key actions during the final 10 minutes before launch, like pressurizing the fuel tanks for launch, transitioning the vehicle to its onboard batteries from ground electrical systems and configuring other systems for launch.
Persons: Starliner's Organizations: NASA
The next generation of the "Internet of Bodies," or IOB, could bring technological devices and the human body closer together than ever before. Academic and author Andrea M. Matwyshyn, who coined the term in 2016, describes it as "a network of human bodies whose integrity and functionality rely at least in part on the internet and related technologies, such as artificial intelligence." Smart glasses, which can function as cameras, headphones or monitors, are another example of early IOB devices. These devices completely merge with the body while maintaining a real-time connection to an external machine and the internet. "As bits and bodies meld and as human flesh becomes permanently entwined with hardware, software, and algorithms, IOB will test our norms and values as a society," she wrote.
Persons: Andrea M, Matwyshyn, Elon Musk's Organizations: Elon Musk's Neuralink, BCI Locations: Elon
Why we need to know what time it is on the moon
  + stars: | 2024-06-01 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +6 min
CNN —It’s easy to take the moon for granted as a silvery orb in the night sky, providing a soft light on most evenings. The new system of measurement that NASA and its international partners need to agree on will have to account for the fact that seconds tick by faster on the moon. But it will be crucial for astronauts living in lunar habitats and scooting around in moon buggies who need to know exactly what time it is. We are familyA digital reconstruction of a Bronze Age woman's face is on display at Scotland's Perth Museum and Art Gallery. And now, researchers know what creates their unusual fur pattern: a mutation affecting a gene called KIT, which controls hair color.
Persons: CNN —, Albert Einstein’s, Butch Wilmore, Suni Williams, Joe Skipper, Chris Rynn, Julius Caesar, Gaul, Ari Kankainen, NASA’s Lucy, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Boeing, Veteran NASA, Perth Museum, Art, Culture, Kinross, CNN Space, Science Locations: North America, Europe, Southern Hemisphere, Culture Perth, Scotland, Indre, France, Finnish, Petäjävesi, Italy
Dell Technologies — Stock in the personal computer and technology company slid more than 16% after executives warned about further margin pressure ahead. Nordstrom stuck by its full-year earnings forecast and reported strong growth in its Nordstrom Rack segment, which outperformed the headline brand stores. Gap — Shares climbed more than 25% after the apparel company lifted its full-year operating income forecast on the heels of a first-quarter earnings beat. Ulta on Thursday posted fiscal first-quarter earnings that reflected a 1.6% year-over-year increase in same-store sales, a significant slowdown from the same period a year earlier. MongoDB said it expected to earn 46 cents to 49 cents per share on $460 million to $464 million of revenue.
Persons: Jason Bazinet, Zscaler, Nordstrom, Ambarella, MongoDB, LSEG, Michelle, Sun, Choe, Wall, Lisa Kailai Han, Pia Singh, Jesse Pound Organizations: Dell Technologies, Lionsgate, Citi, Marvell Technologies, LSEG, Vans
What is the internet of bodies?
  + stars: | 2024-05-31 | by ( Maria Gomez De Sicart | Arjun Kharpal | ) www.cnbc.com   time to read: +4 min
You've heard the term "Internet of Things" – where inanimate objects can be connected to the internet and each other. But in 2016, academic and author Dr. Andrea M. Matwyshyn took it one step further, coining the term, "Internet of Bodies," or IoB. She describes it as "a network of human bodies whose integrity and functionality rely at least in part on the Internet and related technologies, such as artificial intelligence." These devices completely merge with the body while maintaining a real-time connection to an external machine and the internet. However, there are some existing laws that could be extended to safeguard IoB data.
Persons: You've, Dr, Andrea M, Matwyshyn, Elon Musk's, Neuralink, Dick Cheney, That's Organizations: Elon Musk's Neuralink, BCI, Former U.S, and Drug Administration, Data, Intelligence Locations: Elon, U.S
watch nowArtificial intelligence for cancer screening has taken off. So, it is quite a challenge," said Brittany Berry-Pusey, CEO of AI screening startup Avenda Health. Nearly 600 of them have been radiology AI applications approved in the last five years. Thorwarth wrote that AI reimbursement is complex and establishing billing codes for every approved AI tool is "problematic." RadNet's executives compare the process with AI screening to the radiology industry's experience with digital breast Tomosynthesis, known as 3D mammography.
Persons: Brittany Berry, Pusey, Porte, Julien De Rosa, Berry, William Thorwarth, Thorwarth, mammography, Rodrigo Cerda, Cerda, RadNet, Greg Sorensen, RadNet's, Sorensen Organizations: FDA, Food and Drug Administration, Porte de, Afp, Getty, American Medical Association, American College of Radiology, Centers, Medicare, Medicaid Services, CNBC, Artificial Intelligence, Blue Cross Locations: Paris, New Jersey
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Ironically, Salama sympathizes with Nvidia skeptics about the company's valuation, which he said is in "nosebleed territory." Stocks will shatter expectations — and recordsLike AI-focused companies, US stocks aren't cheap but can continue to charge higher. Other investments to consider are companies tied to AI champion Nvidia, including server builder Super Micro Computer (SMCI) and venerable computer company Dell (DELL). AdvertisementOutside AI, Salama is incredibly bullish about bitcoin (BTC) during its mammoth rally and companies tied to cryptocurrencies, including Coinbase (COIN) and Robinhood (HOOD).
Persons: , Leon Cooperman, Cooperman, that's, John Salama, Salama, Salama's, doesn't, OpenAI Organizations: Service, Nvidia, Business, Trading, Microsoft, Apple, Micro, Dell, Coinbase Locations: bitcoin
The software company NICE launched Enlighten AI to improve customer service and clients' efficiency. Eilam said Enlighten AI "dramatically improves" productivity and efficiency for customer-experience teams by automating many labor-intensive tasks, such as note-taking during customer-service calls. Enlighten Autopilot, one of the products within NICE's Enlighten AI for CX repository, enhances self-service with an AI-powered virtual assistant. Many existing customers are adding Enlighten AI to their portfolios, and NICE is attracting new customers with its AI capabilities. The organization implemented Enlighten AI to monitor 100% of its customer interactions and gather insights about the behaviors influencing customer sentiment.
Persons: , We've, Barak Eilam, Eilam, Copilot, What's Organizations: NICE, Service, Neptune Intelligence Computer Engineering, Business, Republic Services, Open Network Exchange, ONE, BI Locations: Hoboken , New Jersey
Federal graduate school loans are more expensive, too, with higher interest rates than loans for undergraduate studies. On top of that, 55% of master's degree-holders have debt from both their undergraduate and graduate studies, owing an average total of over $69,000. Similar to undergraduate degrees, science, technology, engineering and math-related master's degrees tend to lead to higher-paying salaries compared with degrees in the arts and humanities. That said, these are the 10 master's degrees with the highest average starting salaries for the class of 2022, according to the National Association of Colleges and Employers. In fact, fewer than 60% of master's degree programs deliver a positive return on investment, according to a recent study by The Foundation for Research on Equal Opportunity.
Persons: FREOPP Organizations: Bureau of Labor Statistics, National Center for Education Statistics, Federal, National Association of Colleges, Computer, Liberal, The Foundation, Research, Education's, CNBC
Read previewScrolling through the profiles on OkCupid, Anna Akbari was drawn to a man who seemed handsome, witty, and highly intelligent. He was a catfisher — a person who fakes their online identity to trick victims into thinking they are someone else. He'd sent her a forged driving license, power points from his supposed job, and even copies of papers he claimed to have written at MIT. "We didn't know who this person was or why they were doing it," Akbari told BI. "Emily was Ethan, and Ethan was Emily," Akbari wrote in the book.
Persons: , Anna Akbari, They'd, Akbari, — Ethan Schuman, MIT —, Schuman, Ethan, Gchat, — Schuman, he'd, Warren Talmarkes, I'd, didn't, Gina Dallago, She'd, Dallago, Anna, He'd, they'd, Emily Slutsky, who'd, Emily, Slutsky Organizations: Service, Columbia University, MIT, Business, New York University, BI, Skype, Grand, Valentine's, Facebook, Grand Central Publishing, Columbia Locations: Washington, DC, New York, Ireland, Irish, Akbari, New York City, Japan, Columbia, Cork
AdvertisementIn addition to his eBay store, Richard owns a vintage clothing store, The Spot, in Coral Springs, Florida. Advertisement"The customer for a Tommy Bahama shirt is totally different from a customer that wants a Nike skateboard shirt," he said. For example, if you're selling a Tommy Bahama shirt, don't just title your listing "Tommy Bahama shirt," he said. "If your title says 'Tommy Bahama Shirt Purple Monkey Dishwasher,' nobody is ever going to search that," he said. So every single time a customer searches 'Tommy Bahama Hawaiian Shirt,' I show up; 'Tommy Bahama Camp Shirt,' I show up.
Persons: , Richard, he's, Richard S, It's, Tommy Bahama, Bahama, Tommy Bahama Camp, that's, I'm, I've Organizations: Service, CVS, Circuit, Business, eBay, BI, Nike Locations: Coral Springs , Florida, South Florida
Bottom Line This was a better-than-feared quarter from Best Buy. Services are an area that Best Buy can lean into and leverage to differentiate from online retailers like Amazon . Importantly, she noted that not only will Best Buy have the largest assortment of AI-enabled PCs but over 40% of that assortment will be exclusive to Best Buy. Going back to how Best Buy can compete with the likes of Amazon, Best Buy is working closely with vendors on marketing strategies and demonstrations to offer a "unique educational and interconnected digital shopping journey." Bimal Tandel photographs Bhavin Tandel and Dinesh Tandel, crew members on the Klara Oldendorff, in front of a Best Buy in Timonium, Maryland, U.S., March 29, 2024.
Persons: Corie Barry, we're, Barry, FactSet, Jim Cramer's, Jim Cramer, Jim, Bimal, Bhavin Tandel, Dinesh Tandel, Klara Oldendorff, Julia Nikhinson Organizations: LSEG, Services, Amazon, Computer, Target, Walmart, Costco, Barry, Apple, CNBC Locations: Timonium , Maryland, U.S
But at Krasota, a fine-dining restaurant in Dubai, nothing is what it seems. This dish, from the recipe to the wall projection to the deep fake video of Bocuse, was designed by artificial intelligence (AI). It’s one of eight courses in “Imaginary Futures,” a multisensory dining experience at Krasota. For its AI scenario, Krasota’s co-founders — digital artist Anton Nenashev, chef Vladimir Mukhin, and entrepreneur Boris Zarkov — ceded control to technology. “Any technology that interferes with the social aspects of dining will not succeed,” such as headsets or goggles, says Spence.
Persons: Paul Bocuse, Bocuse, he’s, , Anton Nenashev, Vladimir Mukhin, Boris Zarkov —, , it’s, Zarkov, Rebecca Cairns, , Boris Zarkov, Krasota, Heston Blumenthal, Charles Spence, He’s, Spence, Zenon, ” Zarkov, “ Alice Organizations: CNN, Dubai CNN —, CNN Krasota Dubai, University of Oxford, Locations: Dubai, Krasota, Moscow, Tokyo, Hong Kong, California, Wonderland
OpenAI said on Thursday that it had identified and disrupted five online campaigns that used its generative artificial intelligence technologies to deceptively manipulate public opinion around the world and influence geopolitics. The efforts were run by state actors and private companies in Russia, China, Iran and Israel, OpenAI said in a report about covert influence campaigns. The recent rise of generative A.I. Ben Nimmo, a principal investigator for OpenAI, said that after all the speculation on the use of generative A.I. in such campaigns, the company aimed to show the realities of how the technology was changing online deception.
Persons: OpenAI, Ben Nimmo Locations: Russia, China, Iran, Israel
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