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Watch CNBC's full interview with JPMorgan's Matt Boss
  + stars: | 2024-04-09 | 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 EmailWatch CNBC's full interview with JPMorgan's Matt BossMatthew Boss, JPMorgan retail analyst, joins 'Squawk on the Street' to discuss Boss' thoughts on American Eagle's 'secret sauce', what the retail analyst likes with Levi Strauss, and more.
Persons: JPMorgan's Matt Boss Matthew Boss, Levi Strauss Organizations: JPMorgan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTSMC needs to 'build out' its supply chain in the U.S., investment firm saysMatt Bryson of Wedbush Securities discusses the outlook for the Taiwanese chip giant.
Persons: Matt Bryson Organizations: Wedbush Securities Locations: U.S
No Labels will not field third-party ticket
  + stars: | 2024-04-04 | by ( Aaron Pellish | ) edition.cnn.com   time to read: +3 min
CNN —The centrist group No Labels is abandoning plans to form a third-party presidential unity ticket for this year’s election. “But No Labels has always said we would only offer our ballot line to a ticket if we could identify candidates with a credible path to winning the White House. The Wall Street Journal was first to report on the No Labels decision not to field a presidential ticket. In its quest for a unity ticket, the group had been rebuffed by several high-profile figures, including former New Jersey Gov. The group had previously set a March deadline to decide on whether to field such a ticket.
Persons: Maryanne Martini, Chris Christie, Nikki Haley, West Virginia Sen, Joe Manchin, Larry Hogan, Connecticut Sen, Joe Lieberman, Joe Biden, Donald Trump, Martini, , America’s, Robert F, Kennedy Jr, Robert Kennedy Junior, ” Rahna Epting, MoveOn, Biden, Matt Bennett, CNN’s Eva McKend Organizations: CNN, White, New, New Jersey Gov, South Carolina Gov, Maryland Gov Locations: New Jersey, West, Connecticut,
Interest in universal basic income has grown due to the pandemic, Elon Musk, Sam Altman, and economic pain. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementYet a common question and concern about UBI remains how people spend the money. Related storiesThe Guaranteed Income Pilots Dashboard , a joint project from the Stanford Basic Income Lab and the Center for Guaranteed Income Research, pulls together data from more than 30 pilot programs in the US involving nearly 8,300 participants. GiveDirectly, a nonprofit, is providing universal basic income to 20,000 people across 200-odd royal villages in Kenya over 12 years.
Persons: Elon Musk, Sam Altman, , It's, Karl Widerquist, Fabian Wendt, Rebecca Hasdell, UpTogether, Monique Gonzalez, Stephanie Hendon, Widerqist, Matt Bruenig, Douglas MacKay, Chapel Hill, MacKay Organizations: Service, Georgetown University, Qatar, Stanford, Income, Center, Research, UNC, Chapel Locations: Virginia, Kenya, San Antonio , Texas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney has done so much in the past 6 months to try to appease shareholders: Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to preview the Disney shareholders vote this week, the latest on the Disney proxy battle, and more.
Persons: Matt Belloni Matt Belloni, Puck Organizations: Disney
Business Insider's upcoming free virtual event "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation" will be on April 23 at 12 p.m. EST. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Business Insider's upcoming editorial virtual event, "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation," presented by Dell Technologies, promises a deep dive into the strategies and insights shaping the future of work. They will be joined by moderator Tim Paradis, Business Insider's future-of-work correspondent. The indispensable role of skill education initiatives in empowering employees to leverage AI technologies effectively.
Persons: , Matt Baker, Mozziyar Etemadi, Tim Paradis Organizations: Business, Efficiency, Service, Dell Technologies Locations: Northwestern
Called Retro Biosciences, the startup's goal is simple yet supremely ambitious: Add 10 healthy, enjoyable years onto the back end of our lifetimes. But Retro Biosciences actually fits quite neatly into Altman's futuristic worldview. Retro BiosciencesRetro Biosciences sits about 30 miles south of OpenAI's San Francisco headquarters, where ChatGPT was hatched. Joe Betts-LaCroix is the CEO of Retro Biosciences. There are things we already know work super well to improve human longevity, like exercise, diet, faith, and social support.
Persons: Sam Altman, he's, Elon Musk, Mark Zuckerberg, Altman, Instacart —, Joe Betts, LaCroix, isn't, Betts, Retro's, spry, Yamanaka, Shinya Yamanaka, it's, they've, Sora, Thiel, Jeff Bezos, Bezos, Yuri Milner, Billionaire Peter Thiel, He's, Aubrey de Grey, Christian Angermayer, biogerontologist Daniel Promislow, Altman's, Matt Buckley Organizations: Business, OpenAI, Biosciences, Harvard, MIT, Caltech, Extension, Apple, Stanford University, Retro, Bezos, Labs, Billionaire, Cambrian, Retro Biosciences, Bloomberg Locations: geroscience, Silicon Valley, OpenAI's San Francisco, Meta, Golden City, Retro.bio, Redwood City , California, San Diego
Shares of the chip giant pulled back about 2% during Tuesday's session, after announcing its latest AI chips . While Nvidia's latest announcements solidify the company's AI leadership, Wall Street anticipates some positive tailwinds for a slew of derivative players. Semiconductor derivative plays Nvidia's latest announcements could pose some major tailwinds for companies operating within the chipmaker's ecosystem. Liquid cooling The liquid cooling industry may also benefit as Nvidia harnesses the technology to cool the 72 Blackwell GPUs in its new server rack system, known as GB200 NVL72. "We believe built-in liquid cooling capabilities in addition to the power density of the system should be a positive for VRT's liquid cooling and power management businesses," he wrote.
Persons: Harlan Sur, Blackwell, Rosenblatt, Hans Mosesmann, Goldman Sachs, Toshiya Hari, Matt Bryson, Laura Chen, Oppenheimer, Rick Schafer, Amit Daryanani, Vertiv, Headwinds, Nvidia's Blackwell, Hari Organizations: Nvidia, NVIDIA, Micron Technology, MU, Micron, Taiwan Semiconductor, Wall, Marvell Technology, Blackwell, Micro Computer, Mosesmann, Devices, AMD, Data, Intel Locations: America
London CNN —The world’s biggest ice cream business is about to go it alone. The newly minted firm will boast five of the 10 best-selling ice cream brands worldwide, namely Magnum, Ben & Jerry’s, Breyers, Walls and Cornetto. “The future growth of Unilever and ice cream is best served by separating the business,” Unilever CEO Hein Schumacher told journalists. Philippe Wojazer/ReutersThe origins of Unilever’s ice cream business can be traced back to the summer of 1913, when Thomas Wall started selling ice cream from his family butcher shop in London. But its ice cream sales took a hit last year as cash-strapped consumers cut back on non-essential spending.
Persons: Jerry’s, , Hein Schumacher, ” Schumacher, Miko Carte, Philippe Wojazer, Thomas Wall, Matt Britzman, Hargreaves, , , Schumacher Organizations: London CNN, Unilever, ” Employees, Schumacher Locations: Saint, France, London,
Nvidia CEO Jensen Huang is kicking off the "Woodstock of AI" in a keynote speech Monday. Analysts predict Nvidia will reveal new graphics processing chips that could transform the AI industry. AdvertisementNvidia is kicking of its massive AI event at a California sports arena on Monday. The event has been dubbed the "Woodstock of AI" and Nvidia CEO Jensen Huang is its rockstar headliner. The hype surrounding Huang's speech, and what he will reveal about the future of AI technology, is enormous.
Persons: Jensen Huang, , Jensen, hough, ike C, penAI's Organizations: Nvidia, Service, rockstar, GPU Technology Conference, Wall Locations: Woodstock, California, San
Read previewThere's a running gag that Jensen Huang is to AI fanboys what Taylor Swift is to Swifties. Nvidia's GTC event, starting on Monday, should answer that. AdvertisementMatt Bryson, an analyst at Wedbush, expects Nvidia to lift the lid on the B100, the next-generation version of its H100 GPU. Can AI models eventually reason? Of course, industry watchers will look for any sign that the Nvidia and AI mania might be about to slow down.
Persons: , Jensen Huang, Taylor Swift, Sam Altman, Mark Zuckerberg, hasn't, Bojan Tunguz, Huang, Matt Bryson, Blackwell, It'll, Zuckerberg, he'll, JOSH EDELSON, Brad Lightcap, Arthur Mensch, Christian Szegedy, Elon Musk's, Aidan Gomez, Stanford's Fei, Fei Li, Wedbush's Bryson Organizations: Service, Nvidia, GPU Technology Conference, Business, Apple, Tech, Meta, Microsoft, Google, AMD Locations: San, Woodstock
It’s Biden’s campaign aides who have been surprised how much that’s true. A running mate litmus testBiden aides say January 6 and the footage from it will be a central feature of their advertising campaigns, the convention and beyond. Trump, for his part, keeps talking about it and his aides aren’t really trying to stop him. About 56 percent of independent voters continue to believe Trump was largely responsible for it, virtually unchanged during that stretch. But Biden aides say that’s a big part of why the images and memories of January 6 itself are so important.
Persons: Donald Trump, Trump, Joe Biden, It’s, , Mike Donilon, , We’re, , Kamala Harris, CNN —, reverberating, Biden, Jan, litmus, aren’t, Mike Pence, Elise Stefanik, Ohio Sen, J.D, Vance, South Carolina Sen, Tim Scott, Ben Carson, Doug Burgum, Pence, Scott, Burgum, ’ Biden, didn’t, it’s, ” Donilon, there’s, Mike Johnson, Barry Loudermilk, That’s, Loudermilk, Matt Gaetz, Tim Burchett, Jeff Van Drew, insurrectionists, they’ll, Harris, Matt Barreto –, , Barreto, ” Barreto, ” Biden, Kari Lake’s, denialism, Chris DeLuzio, , ” DeLuzio, ” Will Rollins, Ken Calvert —, ” Rollins, Annie Grayer, Ariel Edwards, Levy Organizations: CNN, Capitol, Democratic, Biden, Trump, South, North Dakota Gov, Republicans, Trump voters, Washington Post, University of Maryland, White, Congressional Republicans, GOP, Republican, House Republican Conference, , Trump Republicans, Democratic National Committee, , Democrat, Southern Californians, GOP Rep Locations: Wilmington, New York, Ohio, South Carolina, America, Charlottesville, Valley Forge, Georgia, Florida, Tennessee, New Jersey, Ukraine, Israel, U.S, Arizona, Pennsylvania
The hottest artificial intelligence event of the year kicks off next week, setting the stage for key AI players to see sharp moves. Nvidia's GTC Conference, dubbed "AI Woodstock" by Bank of America, offers an opportunity for the company to showcase its latest AI chip innovations and future vision as it labors to maintain its dominance in the field. The product is expected to offer a slew of "architectural innovations" and better performance than Nvidia's flagship H100 chip, wrote New Street's Pierre Ferragu. According to Wedbush's Matt Bryson, the new chip could benefit the liquid cooling industry that may fuel power-hungry data centers. "As such, we believe any system NVDA announces that includes liquid cooling technology could effectively dictate the path of liquid cooling moving forwards and thereby determining winners and losers in the server and cooling space," Bryson said.
Persons: Cantor Fitzgerald's C.J, Bank of America's Arya, Muse, Arya, Pierre Ferragu, Blackwell, Matt Bryson, Nvidia hasn't, Bryson, He's, Ferragu, Hans Mosesmann, Bernstein's Stacy Rasgon, Melius Research's Ben Reitzes Organizations: Bank of America, NVIDIA, Nvidia, Bank of America's, Blackwell, Devices, AMD, Intel, Micron, Broadcom, PHLX Semiconductor, Oracle Locations: San Jose , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLast night's Oscars was 'a big coronation for Oppenheimer', says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss last night's 96th annual Academy Awards, key takeaways from the awards ceremony, and more.
Persons: Oppenheimer, Matt Belloni Matt Belloni, Puck
Brits are going crazy for the bacon and sausage buns offered by Greggs, an 85-year-old chain of budget bakeries that just posted its best-ever performance. Pre-tax profit also jumped more than 13% last year to a record high of nearly £168 million ($213 million). Greggs’ breakfast meal deal — which includes a sausage, bacon or omelette-filled bun and a drink — starts at £2.85 ($3.62), and is particularly popular with customers, a company spokesperson told CNN. Sales grew to a record £1.8 billion ($2.3 billion) last year, up from £1.2 billion ($1.5 billion) in 2021. Greggs café, Tasty by Greggs, inside Primark's Oxford Street store in London in October 2022.
Persons: London CNN —, Greggs, Ireland —, McDonald’s, Roisin Currie, “ Greggs, ” Matt Britzman, Hargreaves Lansdown, Greggs café, John Nguyen, benedict — Greggs Benedict, Still, Alex Morton Organizations: London CNN, Ireland, CNN, Press Association, AP Locations: United Kingdom, Newcastle, England, London, Fenwick
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSuper Micro needs to figure out a differentiator, says Wedbush's Matt BrysonMatt Bryson, Wedbush enterprise hardware analyst, joins 'Closing Bell Overtime' to talk SuperMicro's super run and if its valuation is reflective of the company's offerings.
Persons: Matt Bryson Matt Bryson
Here's a breakdown of how Super Micro got to this point, and where investors and analysts expect it to go. What to know about Super Micro Computer Creating servers isn't a new objective for the California-based company. Other shareholders such as Vendig have opted to take a breather on buying shares until the next earnings call. Those headwinds may not hit until 2025 but could hurt the stock if Super Micro fails to differentiate itself. "Super Micro was in the right place at the right time when generative AI took off, there really wasn't a competitor," he said.
Persons: hasn't, Paul Meeks, Brian Vendig, we've, Shreya Gheewala, Matt Bryson, Sylvia Jablonski, Jablonski, Vendig, Wedbush's Bryson Organizations: Nvidia, Devices, Computer, Management, MJP Wealth, AMD, Intel, Wedbush Securities, Micro, Super Micro, Super Locations: California
For this fiscal year, Best Buy anticipates revenue will range from $41.3 billion to $42.6 billion. In a news release Thursday, CEO Corie Barry said Best Buy expects the coming year to be one "of increasing industry sales stabilization." That metric is expected to improve in the coming year, as Best Buy benefits from changes to its annual membership program, a newer moneymaker for the retailer. Like home improvement companies, Best Buy saw outsized spending as shoppers were stuck at home. Shares of Best Buy closed at $79.68 on Wednesday, bringing the company's market value to $17.16 billion.
Persons: Corie Barry, they've, Matt Bilunas, Barry Organizations: LSEG, CNBC PRO Locations: U.S
For companies that specialize in this area, like Best Buy, that has contributed to several years now of sluggish sales. AdvertisementBeyond the pull-forward effects, Best Buy CEO Corie Barry laid some of the blame for the continuing sales lull at the feet of tech brands. Indeed, tech companies haven't exactly inspired shoppers to race into their nearest Best Buy for an upgrade, especially when they could buy tickets to a Taylor Swift concert instead. Other tech companies are tossing some bold ideas at the walls too. Either way, whatever the next buzzy tech may be, Barry says Best Buy would love for you to come check it out in their stores.
Persons: , haven't, Matt Bilunas, Corie Barry, We're, Taylor, Apple, Barry, Scot Ciccarelli Organizations: Service, Business, Lenovo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWarner Bros. Discovery-Paramount deal was never really on to begin with, says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the latest developments in the Warner Bros. Discovery-Paramount merger talks, what the future holds for each company, the impact on the streaming landscape going forward, and more.
Persons: Matt Belloni Matt Belloni, Puck Organizations: Warner Bros . Discovery, Paramount
Amid widespread discontent over President Joe Biden’s management of the border, the overall electorate is moving rightward on immigration too, polls show. For now, there’s no question that hardening GOP attitudes on immigration have been critical to Trump’s strong performance through the early primaries. Then, 56% of GOP primary voters said undocumented immigrants should be offered legal status; in last month’s primary, 55% said they should be deported. Immigration ranked as the most important issue for most GOP primary voters in South Carolina, and finished close behind the economy in both Iowa and New Hampshire. McLaughlin said Trump’s dominance among the GOP primary voters most concerned about immigration encapsulates a broader reason for his early success: widespread satisfaction among Republicans about his record in office.
Persons: Donald Trump’s, Joe Biden’s, Trump, What’s, , Donald Trump, , Jim McLaughlin, Joe Biden, , Nikki Haley, Trump’s, Haley, Leah Askarinam, McLaughlin, Robert P, Jones, Charles Franklin, Adolf Hitler, ” Biden, Biden, Stephen Miller, Charlie Kirk, Miller, Dwight D, Eisenhower, Matt Barreto, Barreto, Democratic pollster, ” Barreto, Maria Cardona, Tom Suozzi, George Santos, Suozzi, Bill Clinton Organizations: CNN, GOP, Republican, Trump, Biden, Edison Research, Immigration, Former South Carolina Gov, Quinnipiac University, Survey, Religion Research Institute, Marquette Law School, Marquette, Gallup, Republicans, CBS, National Guard, Democratic, UCLA, New, Republican Rep, White, House Republicans Locations: Alabama, Mississippi, New Hampshire, South Carolina, Iowa, New York, Wisconsin, Mexico, United States, American, Trump, Marquette, America, Texas, Celinda, Arizona, Nevada, Mexico ”, week’s State, Brownsville
SAG Awards 2024: Winners list
  + stars: | 2024-02-24 | by ( Alli Rosenbloom | Lisa Respers France | ) edition.cnn.com   time to read: +7 min
Saturday night’s winners were familiar to those who have been following awards season, as actors from “The Bear,” “Oppenheimer” and “Beef” took home statuettes as expected. Alan Ruck, center, and the cast of "Succession" photographed during the 30th Screen Actors Guild Awards in Shrine Auditorium and Expo Hall in Los Angeles on Saturday, Feb. 24. The cast of “Succession” led the nominations among the television categories with five – nabbing the top honor for best ensemble. “Oppenheimer” reigned victorious with three of those awards, while “Barbie” was shut out. This is the first SAG Awards since last year’s prolonged actors’ strike in Hollywood – a fact that was brought up several times throughout the evening – and is also the last major entertainment awards event before next month’s Oscars ceremony.
Persons: ” “ Oppenheimer, , Lily Gladstone, Da’Vine Joy Randolph, , Idris Elba, Billie Eilish, Jessica Chastain, America Ferrera, Robert Downey Jr, Fran Drescher, Jennifer Aniston, Barbra Streisand, ” Bradley Cooper, Alan Ruck, Robert Gauthier, Streisand, Wears, Meryl Streep, Anne Hathaway, Emily Blunt –, Jeff Goldblum, Geena Davis, David Cronenberg, “ Barbie ”, “ Oppenheimer ”, , Bradley Cooper, “ Maestro ” Colman Domingo, “ Rustin ” Paul Giamatti, ” Cillian Murphy, “ Oppenheimer, Jeffrey Wright, Annette Bening, Carey Mulligan, “ Maestro ” Margot Robbie, “ Barbie, Emma Stone, Cillian Murphy, Oppenheimer, Matt Winkelmeyer, Sterling K, Brown, ” Willem Dafoe, Robert De Niro, Ryan Gosling, Emily Blunt, Danielle Brooks, Penélope Cruz, “ Ferrari, Jodie Foster, Matt Bomer, Jon Hamm, David Oyelowo, Bass Reeves, Tony Shalhoub, Mr, Monk’s, Steven Yeun, Painkiller ” Kathryn Hahn, Brie Larson, Bel, Ali Wong, Brian Cox, Billy Crudup, Kieran Culkin, Matthew Macfadyen, Pedro Pascal, Elizabeth Debicki, Bella Ramsey, Keri Russell, Sarah Snook, Brett Goldstein, “ Ted Lasso, Bill Hader, “ Barry ” Ebon Moss, Bachrach, Jason Sudeikis, Jeremy Allen White, Alex Borstein, Maisel, Rachel Brosnahan, Maisel ” Quinta Brunson, “ Abbott, Hannah Waddingham, “ Ted Lasso ” Ayo Edebiri, Frazer Harrison, Abbott, ” “ Barry ”, Ted Lasso ”, Indiana Jones, John Wick Organizations: CNN, Actors Guild, Auditorium, Netflix, SAG, Los Angeles Times, Jewish, , Getty, Guardians Locations: Los Angeles, , America, Brooklyn, Europe, Hollywood
AdvertisementIt sure seems like Nvidia is everyone's AI daddy right now. But in case anyone needed another reminder of who the AI daddy is, Nvidia delivered it on Wednesday. Nvidia stock surged as much as 14% in premarket trading Thursday. There are a few reasons why Nvidia has become indispensable to tech firms trying to take advantage of the AI gold rush. Expect Nvidia to remain the AI daddy for the foreseeable future.
Persons: Jensen Huang, Mark Zuckerberg, Huang, Goldman Sachs, Lisa Su, Matt Bryson, Bryson, OpenAI's Sam Altman, SoftBank's, Kathleen Brooks, XTB Organizations: Nvidia, Microsoft, Meta, Reuters, Huawei, Technology, AMD Locations: Santa Clara, China
Of the total, $3 billion was related to BoCom, one of China’s biggest banks, while $2 billion was from selling its retail banking business in France. Separately, HSBC made $3.4 billion in provisions to cover expected credit losses and other charges related to its exposure to the commercial real estate sector in mainland China. The property market has since entered a prolonged slump, marked by an ongoing decline in real estate investment and sales of property. The charges reported by HSBC cast a shadow over its record annual profit, which came in at $30.3 billion, up 78% from 2022. In October, rival Standard Chartered reported a $186 million credit impairment charge related to commercial real estate in the country.
Persons: , Matt Britzman, Hargreaves Lansdown, Mark Tucker, — Hanna Ziady Organizations: Hong Kong CNN — HSBC, China’s Bank of Communications, HSBC, HSBC isn’t, Chartered Locations: China, Hong Kong, Asia, France, BoCom, Mainland China
“Here, Ms. Willis is being scrutinized for things that are not directly related to her job performance, in ways we see other Black women regularly picked apart,” Ornsby said. You think I’m on trial,” Willis testified. I’m not on trial, no matter how hard you try to put me on trial.”For many Black women, the inquiries into Willis' romantic and financial life were rife with tropes and accusations often unfairly levied at Black women. “When white power, particularly white men, are being held to account ... the first thing to do is to disqualify the people that are holding them accountable,” especially when those people are Black women. Scrutiny of Willis' personal life has diverted attention away from the allegations against Trump.
Persons: Fani Willis, Jessica T, Willis, ” Ornsby, Donald Trump, Nathan Wade, Wade, Trump, Melanie Campbell, SHE’S, , Campbell, , You’re, ” Willis, I’m, Keir Bradford, Montgomery McCracken, LaTosha Brown, ” Brown, Democrat Joe Biden, Stormy Daniels, Brittany Packnett Cunningham, Black, Claudine Gay, Ketanji Brown Jackson, Ornsby, “ We’re, ” Cunningham, Grey, ” ___ Matt Brown Organizations: D.C, Associated Press, National Coalition, Trump, Democrat, Harvard University, Supreme Locations: Fulton County, Washington, Black, Grey, Philadelphia, Georgia, Florida, Manhattan, ” Bradford
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