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☆ These are the stocks to play the next 'bottleneck' in AI, according to the pros
▼ + stars: | 2024-06-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

But the next bottleneck in AI infrastructure — and one to invest in — is networking, according to tech analysts. An increase in investment in generative AI model training and inference will drive the AI networking spending growth of 34% over the next five years, said the firm. "Networking creates a performance bottleneck for generative AI model development," Morningstar's analysts said. "Well-positioned networking firms are a great second derivative play to invest in generative AI," they added. Stocks to play the trend Marvell Technology is Morningstar's top pick to play the generative AI networking trend, with the firm saying it is "attractively undervalued" currently and giving investors an "immediately opportunity" to tap rising generative AI networking investment.

Persons: There's, Clare Pleydell, William D, Kerwin, Brian Colello, Morningstar, Bouverie Organizations: Nvidia, Microsoft, Networking, Morningstar, Liontrust Asset Management, CNBC, That's, Marvell, Arista Networks, Broadcom, Arista, Meta

☆ Video: CNN asks Hamas official why group hasn’t agreed to US-backed ceasefire proposal
▼ + stars: | 2024-06-13 | by ( Ben Wedeman | ) edition.cnn.com time to read: 1 min

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☆ There's trouble brewing in the financial sector, according to the charts
▼ + stars: | 2024-06-13 | by ( David Keller | ) www.cnbc.com time to read: +3 min

The financial sector, along with other value-oriented sectors, is beginning to significantly underperform the major equity benchmarks over the last six weeks. We'll share a potential short candidate, close to breaking down through a key support level that could indicate much further downside to come. First, let's visualize the relative performance of the financial sector, along with three other value sectors that have all shown deterioration since April. In searching through the financial sector for an actionable chart to play potential downside, I discovered that Progressive Corp. (PGR) is showing all the signs of a bearish rotation. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: PGR, I'm, David Keller Organizations: Progressive Corp, Progressive, PGR, CMT

☆ Fake News Still Has a Home on Facebook
▼ + stars: | 2024-06-13 | by ( Stuart A. Thompson | ) www.nytimes.com time to read: +1 min

On the morning of Jan. 6, 2021, Christopher Blair’s fake news empire was humming along. Mr. Blair had been earning as much as $15,000 in some months by posting false stories to Facebook about Democrats and the election, reaching millions of people each month. Facebook seemed to recognize its own role in fomenting an insurrection and tweaked its algorithm to limit the spread of political content, fake and otherwise. “It just kind of crashed — anything political crashed for about six months,” he said. His false posts — which he insists are satire intended to mock conservatives — are receiving more interactions on Facebook than ever, surging to 7.2 million interactions already this year compared with one million in all of 2021.

Persons: Christopher Blair’s, Blair, Trump, ” Organizations: U.S . Capitol, Facebook

☆ Hear the moments that stood out to CNN reporter about Biden, Zelensky presser
▼ + stars: | 2024-06-13 | by ( Ally Hill | ) edition.cnn.com time to read: 1 min

☆ Israeli soldiers catapult fireball into Lebanon
▼ + stars: | 2024-06-13 | by ( Sean Clark | ) edition.cnn.com time to read: 1 min

☆ Video: Former employee suing SpaceX and Elon Musk tells CNN what it was like working at company
▼ + stars: | 2024-06-13 | by ( Ontaria Woods | ) edition.cnn.com time to read: 1 min

☆ Netflix's 'Dancing for the Devil' introduced the world to Robert Shinn and the '7M TikTok cult.' Here are the biggest creators with links to the pastor.
▼ + stars: | 2024-06-13 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Netflix's "Dancing for the Devil" tells the story of TikTok dancers involved with a controversial church. Pastor Robert Shinn signed the content creators to his management label, 7M Films Inc. The company's roster includes Miranda Derrick, James "BDash" Derrick, and Vik White. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNetflix docuseries "Dancing for the Devil: The 7M TikTok Cult" introduces audiences to controversial pastor and talent manager Robert Shinn, whose Shekinah Church has been described as a cult.

Persons: Pastor Robert Shinn, Miranda Derrick, James, BDash, Derrick, Vik, —, Robert Shinn, Shinn, Melanie Wilking Organizations: 7M Films, Service, Netflix, Los, Business Locations: Los Angeles

☆ Teenager questioned after explicit AI deepfakes of dozens of schoolgirls shared online
▼ + stars: | 2024-06-13 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +5 min

Sydney CNN —Australian authorities are investigating the distribution of deepfake pornographic images of around 50 schoolgirls, allegedly created by a teenager using artificial intelligence. Victoria Police confirmed they had arrested and released a teenager “in relation to explicit images being circulated online” pending further inquiries. Victoria is the only Australian state where sharing deepfake pornography is a criminal offense. This month, the Australian government introduced legislation to criminalize the distribution of deepfake pornography nationwide. Under the proposed law, offenders could face up to six years in prison for sharing non-consensual sexually explicit deepfake material.

Persons: “, Bacchus Marsh, Andrew Neal, Neal, vomited, Emily, Bacchus, Francesca Mani, Taylor Swift, Alexandria Ocasio, Cortez, –, Anthony Albanese, Tim Richardson, Victoria State Premier Jacinta Allan, ” Allan Organizations: Sydney CNN —, Victoria Police, Australian Broadcasting Corporation, ABC, ABC Radio Melbourne, Bacchus Marsh, Social, Westfield High School, New, Republicans, Judiciary, Victoria, Victoria State Premier Locations: United States, Bacchus, Melbourne, Victoria, New Jersey, New York, Cortez, Ocasio

☆ Video: She voted for Biden 4 years ago, hear why she isn’t doing it again
▼ + stars: | 2024-06-13 | by ( Allison Love | ) edition.cnn.com time to read: 1 min

☆ Baseball game disrupted by climate protesters running onto the field
▼ + stars: | 2024-06-13 | by ( Henry Zeris | ) edition.cnn.com time to read: 1 min

☆ Amazon has a secret workaround to scrape Microsoft's GitHub for AI model training data, leaked memo shows
▼ + stars: | 2024-06-13 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Microsoft is likely to be unhappy when it discovers that its arch rival Amazon is leaning hard on GitHub for AI training data. "Our LLMs are trained on data from a variety of sources, including licensed and proprietary data, open-source datasets, and publicly available data where appropriate. It also said Amazon employees should create a "classic personal token," not a "fine-grained personal token," when signing up. Tech companies, hungry for even more training data, are also granting themselves new permissions to use a lot more of consumers' information. Though Amazon's legal team has approved the GitHub data scraping workaround, the move could put Amazon in a tricky position.

Persons: —, Rohit Prasad NurPhoto, Rohit Prasad, Amazon, Amazon's, Andy Jassy, Prasad, Matthew Butterick, Joseph Saveri, Joseph Saveri's, Butterick, Copilot Organizations: Service, Business, General Intelligence Group, Amazon, Microsoft, Google, Meta, GitHub, News Corp, Tech, Alexa Locations: GitHub

☆ Sam Kerr signs contract extension at Chelsea… but not before giving fans a minor scare
▼ + stars: | 2024-06-13 | by ( Rebecca Hall | ) edition.cnn.com time to read: +2 min

CNN —Soccer star Sam Kerr has signed a new contract with current Women’s Super League (WSL) champion Chelsea, the club announced Thursday, but not before giving her fans a minor scare. According to BBC Sport, it was Kerr’s idea to tease the fans around the news of the contract extension. Kerr has become one of the best players in women's soccer. Former Chelsea manager Hayes had made it her mission to convince Kerr to move to the WSL club back in 2019. Sonia Bompastor’s recent arrival as the new Chelsea manager marks a new era in west London, but retaining Kerr will help steady the ship.

Persons: Sam Kerr, Emma Hayes, Kerr, Chelsea, ”, Alexander Canillas, Aitana Bonmati, Ballon, Hayes, Sonia Bompastor’s Organizations: CNN — Soccer, Super League, Chelsea, US, BBC, Chicago Red Stars, Champions League, Blues Locations: London, soccer, Barcelona

☆ WATCH: Trump supporters say America is a republic, not a democracy
▼ + stars: | 2024-06-13 | by ( Aaron Fisher | ) edition.cnn.com time to read: 1 min

☆ Using ChatGPT can make recruiters think you're sending them a fake resume—here's why
▼ + stars: | 2024-06-13 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

You have to read through the job description to see what they're looking for. You have to list job titles and bullets that both reflect your experience and prove you're a good fit. With the advent of tech like ChatGPT and Microsoft Copilot, many people are leaning into generative AI to write their resumes entirely. If you ask for a "marketing resume," for example, it will create something based on any marketing job descriptions or marketing resumes it scrapes from the web. Recruiters and hiring managers who look at hundreds of resumes say at times "100 of them look exactly the same because they all use the same ChatGPT prompt," she says.

Persons: Phoebe Gavin, ChatGPT, James Hudson, who's, Gavin Organizations: Microsoft, Nike

☆ HBO Could Use a Hit. Enter the Dragons.
▼ + stars: | 2024-06-13 | by ( John Koblin | ) www.nytimes.com time to read: +1 min

The dragons are back. On Sunday, “House of the Dragon,” the “Game of Thrones” prequel series, will return to HBO for its second season. There have been disappointments (the music drama “The Idol” and the Kate Winslet-starring limited series “The Regime,” for instance), and delayed premieres because of the double Hollywood strikes last year. According to one widely used industry metric, Max, the 13-month-old streaming service that houses HBO’s shows, has plateaued during that time. But in contrast to previous years, shows from HBO and Max will not be favorites in some of the major categories, including drama, a category that HBO dominated at the most recent Emmys.

Persons: Kate Winslet, ”, Max Organizations: “, HBO, Hollywood, Warner Bros Locations: “

☆ Elon Musk’s X lawsuit against Media Matters scheduled for trial in April
▼ + stars: | 2024-06-13 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

CNN —A lawsuit brought by Elon Musk’s X against the nonprofit watchdog group Media Matters has been scheduled for a trial in April 2025, according to a court filing. Thursday’s order by the US District Court for the Northern District of Texas sets the date for a high-profile showdown over Media Matters’ research highlighting antisemitic and pro-Nazi content on the social media platform. In November, X sued Media Matters, alleging that the group went out of its way to misrepresent the likelihood that users may encounter hate speech on the platform. Media Matters declined to comment. Media Matters President Angelo Carusone has previously called X’s suit “frivolous” and an attempt to silence Musk’s critics.

Persons: Elon Musk’s, X, Angelo Carusone, Musk, ”, Charles Breyer, ” Breyer Organizations: CNN, Media, US, Court, Northern, Northern District of, Center Locations: Northern District, Northern District of Texas, California, Northern District of California

☆ Video: G7 set to loan $56B of Russian profits to Ukraine. Why retired colonel calls it the right move
▼ + stars: | 2024-06-13 | by ( Ak Pohlers | ) edition.cnn.com time to read: 1 min

☆ A US man died after being electrocuted in a hot tub in Mexican resort town, authorities say
▼ + stars: | 2024-06-13 | by ( Sydney Bishop | Jose Alvarez | ) edition.cnn.com time to read: 1 min

☆ Video: Darius Rucker on Beyoncé’s effect on country music
▼ + stars: | 2024-06-13 | by ( Ally Hill | ) edition.cnn.com time to read: 1 min

Learn moreThe 2024 Stanley Cup Finals continue tonight with Game 3 of the Florida Panthers vs. Edmonton Oilers match-up. We've put together everything you need to know about how to watch the Stanley Cup Finals, including options that will work for the entirety of the series. The Oilers will attempt to get back into the competition tonight, but another win for the Panthers gets them that much closer to the Stanley Cup. How to watch Stanley Cup Finals in the USGame 3 of the Stanley Cup Finals will air on ABC on Thursday at 8 p.m. See at FuboHow to watch Stanley Cup Finals from anywhereThose planning to travel outside the US during the Stanley Cup Finals can keep up with their subscriptions using a VPN.

Persons: We've, There's, you'd, Fubo, ExpressVPN Organizations: Business, Florida Panthers, Edmonton Oilers, Stanley, Panthers, Oilers, Vegas Golden Knights, ABC, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus

☆ Watch BTS’ Jin hug fans after completing South Korean military service
▼ + stars: | 2024-06-13 | by ( Nina Avramova | ) edition.cnn.com time to read: 1 min

☆ Adobe shares soar 15% on better-than-expected results
▼ + stars: | 2024-06-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Analysts polled by LSEG were looking for $4.48 in adjusted earnings per share and $5.4 billion in revenue. Adobe bumped up its full-year view, calling for full-year adjusted earnings per share between $18.00 and $18.20 and revenue of $21.40 billion to $21.50 billion. The forecast in March was $17.60 to $18.00 in adjusted earnings per share, with $21.30 billion to $21.50 billion in revenue. In recent weeks software peers SentinelOne, UiPath, Veeva reduced their full-year revenue guidance citing economic weakness and corporate interest in artificial intelligence development. During the quarter, Adobe announced the availability of a service for fine-tuning the company's Firefly generative artificial intelligence models to deliver image content consistent with clients' brand guidelines.

Persons: Shantanu Narayen, Jim Cramer Adobe, LSEG, SentinelOne, Veeva Organizations: Adobe

☆ Google search head says 'we won't always find' mistakes with AI products and have to take risks rolling them out
▼ + stars: | 2024-06-13 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

"I don't think we should take away from this that we shouldn't take risks," Reid said. When we find new problems, we should do the extensive testing but we won't always find everything and that just means that we respond." Reid's comments come at a critical moment for Google, which is scrambling to keep pace with OpenAI and Microsoft in generative AI. "You may have seen stories about putting glue on pizza, eating rocks," Reid told employees at the all-hands meeting. Reid was introduced on stage by Prabhakar Raghavan, who runs Google 's knowledge and information organization.

Persons: Liz Reid, Reid, OpenAI, Sundar Pichai, Barack Obama, America's, Prabhakar Raghavan, we've, we're Organizations: CNBC, Google, Microsoft

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