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☆ Opinion: We all lose if the Olympic surveillance state becomes the norm
▼ + stars: | 2024-04-17 | by ( Opinion Jules Boykoff | ) edition.cnn.com time to read: +9 min

He is the author of six books on the politics of the Olympic Games, most recently “What Are the Olympics For?” The views expressed here are his own. France enacted an Olympic Games Law in May 2023 that legalized the use of AI-driven video surveillance this summer and allowed experimentation with intelligent video surveillance until March 31, 2025. The law made France the first nation in the European Union to greenlight biometric surveillance systems. She told me that the Olympic Law “infringes the right to privacy, the right to be anonymous in the streets.”“Everything in this is political,” Levain said. The French Ministry of the Armed Forces unveiled plans to use HELMA-P, an anti-drone laser weapon system prototype, at the Paris Games.

Persons: Jules Boykoff, Emmanuel Macron, Jules Boykoff Jessi, –, ” Noémie, “, ” Levain, ”, Gérald Darmanin, we’ve, Amelie Oudea, Macron, Natsuko Sasaki, Laurent Nuñez, Le, Danielle Simonnet, Thomas Bach Organizations: Pacific University, Olympic Games, CNN, Olympic, Games, ISIS, Stade de France –, Law, European Union, Amnesty International, European Civic Forum, Human Rights, Ministry of, France’s, French Ministry of, Armed Forces, Paris Games, Stade de France, Paris Police, Le Parisien, Paris, Patriotes, Palais Royal, National Assembly, France Insoumise Party Locations: Paris, Palestinian, Atlanta, France, Le, Europe, Moscow

☆ Investors are getting it wrong about Apple — again, Bank of America says
▼ + stars: | 2024-04-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors are again underestimating Apple's gross profit margins, according to Bank of America. In actuality, the company exceeded those expectations, reporting 44% gross margins last year. Looking ahead, Mohan estimates that vertical integration and product mix could yield more than 100 basis points of upside to Apple's gross margins. He also estimates that Apple's utilization of its own internal modems could add 110 basis points to product gross margins and 160 basis points of iPhone gross margins. "Pricing is an additional level that Apple can employ to further increase gross margins."

Persons: Wamsi Mohan, Mohan, Samik Chatterjee Organizations: Bank of America, Apple, Products, Services, Bank of, JPMorgan, Cap Tech

☆ Make these 4 moves to capitalize on one of the best investing opportunities in 50 years, according to a top-1% fund manager who's dominated in the last decade
▼ + stars: | 2024-04-06 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewAlthough US stocks have been all the rage this year, a top-performing fund manager remains convinced that the most compelling investing opportunities are in international equities. Its 80% gain over the past five years is more than double that of the STOXX Europe 600 and is six-fold above the 13% return of Vanguard's Total International Stock Index ETF (VXUS). The Brandes International Equity Fund has been in the top 10% of its category in the last 10 years, according to Morningstar, which includes a top-1% finish in 2023. AdvertisementOnce the fund manager finds stocks that fit this bill, he thinks more like a business owner than a stock trader. Of all the opportunities in international markets, Germain is especially drawn to four stocks across various countries and industries.

Persons: —, Jeff Germain, Germain, David Kelly, Brandes, He's, " Germain, Royce Organizations: Service, Vanguard's, Stock, Business, Brandes Investment Partners, Brandes International Equity Fund, JPMorgan Asset Management, Morningstar, Heidelberg, Embraer, Royce, Heineken Locations: German, Brazil, Britain

☆ Opinion | How America’s Two Abortion Realities Are Clashing
▼ + stars: | 2024-03-08 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +65 min

mary zieglerWell, I think it’s much easier to ban abortion than it is to enforce a criminal law against abortion. mary zieglerNo, I think that’s right. If our abortion politics don’t reflect our abortion views, what does that tell us about the health of the democracy? We’ve seen upwards of 10 states — I think it’s 14 or 15 that have changed their definition of abortion in abortion restrictive states since Dobbs. So, the idea is that abortions that are presented as life saving either are not abortions or are simply pretexts for abortion that’s elective.

Persons: ezra klein, Ezra Klein, ”, overturns Roe, Wade, we’ve, Dobbs, Mary Ziegler, mary ziegler, Roe, they’ve, they’re, didn’t, isn’t, —, We’ve, ezra klein Let’s, mifepristone, Z, They’re, mary ziegler That’s, Comstock, hasn’t, it’s, ezra klein There’s, Kate Cox, kate cox, mary ziegler —, she’d, there’s, you’ll, don’t, you’re, You’re, That’s, I’ve, I’m, they’ll, Ezra, you’ve, that’s, There’s, what’s, Joe Biden, Bill Clinton, You’ve, It’s, Lindsey Graham, Chuck Schumer, Hakeem Jeffries, Trump, mary ziegler There’s, Glenn Youngkin, Glenn Youngkin’s, mary ziegler It’s, we’re, Donald Trump, Roger Severino, Gene Hamilton, Hamilton isn’t, He’s, Stephen Miller’s, Jonathan Mitchell, Biden, — there’s, Josh Prager’s, Jennifer Holland, Daniel K, Williams, Wade ”, Linda Greenhouse, Reva Siegel, ezra klein Mary Ziegler Organizations: New York, Alabama, Republican, U.S, Supreme, for Life, Environmental Protection Agency, mifepristone, and Drug Administration, Republicans, State, Washington State Patrol, Democratic, Catholic Democrat, Wall Street, Act, Virginia Republicans, Republican Party, Leadership, Heritage Foundation, Health, Human Services Department, Trump, Washington Post, New York Times, HHS, Human Services, Department of Justice, Court Locations: Alabama, America, St, Louis , Missouri, East St, Louis , Illinois, Dobbs, Ohio, United States, Texas, mary ziegler — Texas, Kansas, Austin, Houston, Dallas, Florida, Miami, Jacksonville, Tampa, New York, California, Vermont, New Jersey, Missouri, Idaho, Virginia, Colorado, Roe

President Joe Biden's State of the Union address as prepared for delivery:Good evening. A former American president actually said that, bowing down to a Russian leader. And it’s because of you that tonight we can proudly say the State of our Union is strong and getting stronger. Americans pay more for prescription drugs than anywhere else. I say this as a lifelong supporter of Israel and the only American president to visit Israel in wartime.

Persons: Joe Biden's, Franklin Roosevelt, “, Hitler, Roosevelt’s, Lincoln, Putin, Ronald Reagan, thundered, Mr, Gorbachev, we’ve, Insurrectionists, ., Jan, I’ve, Latorya Beasley, Roe, Wade, Harris, Kate Cox, Kate, – that's, won’t, Hope, Shawn Fain, Dawn Simms, Dawn, That’s, Jill, I’m, Keenan Jones –, Sen, Bob Casey’s, It’s, It’d, Edmund Pettus, John Lewis, Betty May Fikes, ”, Banning, Jasmine, Jackie, we’re, Evan, Paul, Israel, –, We’ve, aren’t, They’ve, We’re, King, Bobby Kennedy, you’ve, Let’s Organizations: Madame, Union, Overseas, Republican, NATO, Alliance, National Security, America, That's, Act, Infrastructure Law, UAW, Big Pharma, Medicare, Affordable, White, Initiative, Women’s Health Research, Grants, Child, Big Oil, Social Security, Border Patrol Union, Dreamers, Peace Corps, Ameri Corps, Corps, American, House, NRA, Hamas, United, U.S, ARPA, Star Locations: Joe Biden's State, Europe, Russia, Ukraine, American, Russian, America, Finland, Sweden, United States, Birmingham , Alabama, Alabama, Dallas, Texas, COVID, That's America, Belvidere , Illinois, Belvidere, it’s, Shawn, HBCUs, Minnesota, Ireland, Selma , Alabama, Selma, Uvalde , Texas, Uvalde, Iowa, Israel, Gaza, U.S, Saudi Arabia, Iran, Red, China, Taiwan Strait, I’ve, Scranton , Pennsylvania, Claymont , Delaware, United States of America

☆ An old hedge-fund strategy is taking off again. Why hedge funds from multi-strats to new launches are ramping up their alpha capture efforts.
▼ + stars: | 2024-03-07 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

Alpha capture strategies take inputs from sources like human traders, market data, sell-side research, and more and then use a systematic process to create a portfolio that is efficiently sized and hedged. CenterBook uses trading data from dozens of external firms to create its portfolios, while Norias will create its book off the ideas of its fundamental analysts. Meanwhile, Man Group is building out an alpha capture team within its AHL unit's special strategies team, a recent job posting states, and Squarepoint is doubling its team, finding external managers for its buy-side alpha capture program. "It is a way for them to increase their capacity and take in more assets," said Kevin Lyons, senior investment manager at Abrdn, about the largest platforms growing their internal alpha capture capabilities. AdvertisementThe alpha capture OGIt can all be tied back to the success of the original mainstream alpha capture strategy: Marshall Wace's TOPS, which stands for Trade Optimized Portfolio System.

Persons: —, Marshall Wace, Doug Haynes, Norias, Basil Qunibi, Squarepoint quant Warren Touwen, Merrill Lynch, Squarepoint, Touwen, Kevin Lyons, Marshall, Anthony Clarke, Cameron Hight, Hight, it's, headhunter Organizations: Service, Business, CenterBook Partners, Research, Investors, AHL, TOPS Locations: Austin, Abrdn, London

☆ Stocks enter 'belief' phase with most investors converted to bulls. What it means going forward
▼ + stars: | 2024-03-02 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

The sheer persistence of the equity rally, with the S & P 500 up 16 of 18 weeks and refusing to succumb to supposed late-February seasonal weakness, has converted the cautious. Still, by some lights, stocks' valuation is one of the better sentiment indicators, and by that measure the investment community is pretty enthusiastic. More simply, we continue to see elevated but not alarming P/Es in the S & P 500 broadly while the median P/E of the top 10 names in the index remains close to past peaks." Coming at a time when the S & P 500 is more than 13% above its 200-day moving average — pretty stretched — and we haven't had even a 3% pullback since October. The "right" cyclical sectors are leading (industrials and consumer discretionary in addition to tech), and the equal-weight S & P 500 is nosing toward its old high.

Persons: Scott Rubner, maven, Goldman Sachs, there's, it's, hustled, gunning, BofA's Savita Subramanian, Citi's Scott Chronert, Barclays Venu Krishna, Lori Calvasina, haven't, I've, We've, Stocks, – Organizations: Micro, Dell Technologies, ARM Holdings, Bank of America, Barclays, Big Tech, Tech, Federal, Fed Locations: U.S

☆ Jon Stewart says the Israel-Gaza solution could be a DMZ governed by an Arab NATO. Some experts say it's a pipe dream.
▼ + stars: | 2024-02-28 | by ( Matthew Loh | ) www.businessinsider.com time to read: +9 min

The DMZ would be enforced by an alliance of Arab countries, much like the North American Treaty Organization, Stewart said. While tongue-in-cheek, Stewart's solution isn't a new concept, experts on the Middle East told Business Insider. Advertisement"But really, Jon is conflating a Middle East 'NATO' with something else. Ironically, the very concept of the two-state solution could extend his political life, said Lord. "But only as part of a credible political process working toward a two-state solution, but unfortunately, this is something that the Israeli government rejects. "

Persons: Jon Stewart, Stewart, —, That's, let's, Jonathan Lord, Jon, Anna Jacobs, Jacobs, William Wechsler, Wechsler, It's, it's, Luiz Inacio Lula da Silva, Mohamed Chtatou, Chtatou, Israel, Weeks, Benjamin Netanyahu, Spencer Platt, Bibi, Mahmoud Abbas, Seth Wenig, Abbas, Lord Organizations: NATO, Service, American Treaty Organization, Treaty Organization, East, Business, Trump, East Strategic Alliance, Middle East Security, Center, New, New American Security, Getty, United, Rafik Hariri Center and Middle, Atlantic Council, United Nations, League, AFP, Mohammed V University, Palestinian Authority, West Bank, BI Locations: Israel, Gaza, Arab, Palestine, NATO, New American, Washington, DC, East, Iran, Gulf, Qatar, Belgium, Anadolu, United Arab Emirates, Morocco, Bahrain, Saudi Arabia, Jordan, Egypt, Rafik, United States, Cairo, Rabat, Europe, Korea, Palestinian

☆ Ancient reptile fossil revealed as a forgery
▼ + stars: | 2024-02-20 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —A 280 million-year-old fossil thought to be a well-preserved specimen of an ancient reptile is largely a forgery, according to new research. The fossil appeared in book and article citations over the decades, but no one ever studied it in detail. A new, detailed analysis has revealed that the dark color of the fossil isn’t preserved genetic material — it’s just black paint covering a couple of bones and carved rock. When the specimen was discovered, researchers thought the fossil might provide a rare glimpse into reptilian evolution. It’s not the first time a fossil forgery has been uncovered, but Rossi said this particular style of forgery is unusual.

Persons: antiquus, ”, Valentina Rossi, ” Rossi, Rossi, Mariagabriella Fornasiero, Evelyn Kustatscher, It’s, Fabrizio Nestola, ” Nestola Organizations: CNN, University of Padua’s Museum of Nature, University College Cork, Museum of Nature, Tyrol Nature Museum, University Center, Museums, University of Padua Locations: Italian, Italy, Ireland, Tyrol, Bolzano

☆ Microsoft will bring four Xbox games to other companies' consoles
▼ + stars: | 2024-02-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Phil Spencer, CEO of gaming at Microsoft, speaks during the company's Xbox event ahead of the E3 Electronic Entertainment Expo in Los Angeles on June 10, 2018. Microsoft said on Thursday that it will release four of its video games on competing consoles. Microsoft completed the acquisition of prominent video game publisher Activision Blizzard for over $75 billion in October. Many Xbox fans expressed frustration on social media, speculating that Microsoft will give up trying to keep exclusive games on its console in the future. Earlier this week, The Verge reported that games such as Hi-Fi Rush, Pentiment and Sea of Thieves would be coming to non-Microsoft consoles.

Persons: Phil Spencer, Spencer, Indiana Jones, We've Organizations: Microsoft, Activision Blizzard, Sony PlayStation, Nintendo, Indiana, Xbox, PlayStation, Bethesda Softworks, ZeniMax Media Locations: Los Angeles, Bethesda, Pentiment

State District Judge Mary Marlowe Sommer was stern with her warning during a virtual hearing, saying the start of the trial next week would not be delayed. The judge added that she reviewed the texts in question and that they were not material to Bowles' legal strategy. The upcoming trial is expected to revolve around the question of how live rounds ended up on the set. Authorities during their investigation recovered recovered six live rounds, including the round that killed cinematographer Halyna Hutchins and wounded director Joel Souza. Defense attorneys said during Wednesday's hearing that they have “plenty of evidence" that it was somebody else who put those live rounds on the set.

Persons: Alec Baldwin, Mary Marlowe Sommer, Hannah Gutierrez, Reed, ” —, Jason Bowles, ”, ” Bowles, Gutierrez, Bowles, Halyna Hutchins, Joel Souza, armorer Hannah Gutierrez, Baldwin, “ Organizations: SANTA FE, Prosecutors, Authorities, New Locations: SANTA, New Mexico, Albuquerque

☆ Look beyond AI's near-term plays, Goldman says — naming long-term beneficiaries in and outside tech
▼ + stars: | 2024-02-06 | by ( Weizhen Tan | ) www.cnbc.com time to read: +1 min

Artificial intelligence took the investing world by storm in 2023, and was behind much of Big Tech's gains for the S & P 500. The S & P 500 jumped a whopping 24% or so last year, with much of the increase coming from the "Magnificent Seven." The health-care sector is one example it cited, with AI set to be used across multiple areas such as biopharma, medical devices and services. Over the long term, it will be integral to drug discovery and clinical trial design processes, Goldman said. Here are some names in its basket of long-term AI beneficiaries whose earnings per share Goldman said might get a boost from a rise in sales and margins.

Persons: Goldman Sachs, Goldman, ChatGPT, —, haven't, CNBC's Michael Bloom Locations: Big

But nothing is certain yet, aside from the interest from mostly European and Western countries that bankroll CERN, which is home to the Large Hadron Collider. She said review committees had not turned up any “technical show-stoppers” for the project so far. Photos You Should See View All 45 ImagesHowever, the science that the future collider could generate remains largely unknown. “It’s true that at the moment we do not have a clear theoretical guidance on what we should look for,” Gianotti said. Monday’s briefing on the new collider included some proposed changes to the original plan announced in 2019.

Persons: ”, Fabiola Gianotti, ” Gianotti Organizations: GENEVA, —, European Organization for Nuclear Research, CERN, Collider, collider Locations: Swiss

☆ What Texas is (and is not) doing to defy a Supreme Court border setback
▼ + stars: | 2024-01-27 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +13 min

I went to CNN’s Supreme Court analyst Stephen Vladeck, a law professor at the University of Texas at Austin, with those questions. Abbott is not ignoring the Supreme CourtWOLF: How does Abbott justify essentially ignoring the Supreme Court? VLADECK: It’s really important to stress that two different things are true: First, Abbott is not “essentially ignoring” the Supreme Court. Is the Supreme Court likely to agree with him? WOLF: I am reminded of last year when Alabama legislators initially did not comply with a Supreme Court decision requiring a second majority-Black congressional district.

Persons: Greg Abbott, Biden, ” Abbott, Abbott, Stephen Vladeck, WOLF, can’t, –, “, ”, Robert Jackson, Milligan, Brett, Kavanaugh, Monday’s, we’ve, Trump’s, Trump Organizations: CNN — Texas Gov, US, Patrol, Supreme, Circuit, Fox News, University of Texas, Republican, Government, Democratic, . Locations: Texas, Mexico, Austin, Eagle, “, ”, Alabama, Allen, Arizona, . United States

☆ Harris pins the blame on Trump for Supreme Court overturning Roe v. Wade
▼ + stars: | 2024-01-22 | by ( Kevin Liptak | ) edition.cnn.com time to read: +3 min

Previewing a central reelection argument in a rematch between Trump and President Joe Biden, Harris said the likely Republican nominee relishes his role in new, restrictive abortion laws that have emerged in the aftermath of the Supreme Court’s 2022 ruling. Still, Biden and Harris have acknowledged that fully restoring the protections included in Roe will be impossible without congressional action. “President Joe Biden has been very clear, when Congress puts the protections of Roe back into the law, he will sign it,” Harris told Coates in Wisconsin. “Similarly, President Joe Biden has been very clear if these extremists achieve their other goal, which is to have a national ban, which means state by state by state. Joe Biden will veto that.”“The stakes are high,” she said.

Persons: Kamala Harris, Donald Trump, Roe, Wade, “, ” Harris, CNN’s Laura Coates, Joe Biden, Harris, relishes, ”, Wade –, Biden, Austin Dennard, ABC’s, Coates Organizations: Wisconsin CNN —, Trump, Republican, Court, Freedoms, New, Texas OB, White Locations: Waukesha, Wisconsin, New Hampshire, Texas

☆ Texas senator says the plan to give poor residents a $500 guaranteed basic income is unconstitutional
▼ + stars: | 2024-01-20 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Guaranteed basic income is similar to universal basic income except it targets a particular group. Similar programs to the one in Harris County are being adopted in cities all over the country. The Uplift Harris program plans to provide eligible households in Harris County, which includes Houston, $500 a month for up to 18 months. "They are not a Home Rule city," Bettencourt told Houston Public Media. Uplift Harris provides guaranteed basic income to households in the zip codes with the highest poverty rates in Harris County, according to the program's website.

Persons: —, Sen, Paul Bettencourt, Harris —, Bettencourt, I've, Harris County Attorney Christian Menefee, Menefee Organizations: Service, Business, American, Plan, Houston Chronicle, Houston Public Media, Harris, Harris County Attorney Locations: Texas, Houston, Harris County

☆ Opinion: Germany’s far right is surging. Banning it would backfire
▼ + stars: | 2024-01-19 | by ( Opinion Paul Hockenos | ) edition.cnn.com time to read: +8 min

But today, Germany is staring at a surging far right – and the country’s mainstream politicians and democratic citizens, still by far the lion’s share of the population, are understandably rattled. Since then it has veered steadily to the far right, where its members tout barely veiled racism and Islamophobia. But studies show that time and again the accommodation of radical right positions benefits the hard right – and not its imitators. Moreover, democrats of all stripes should expose the far right’s populist arguments for what they are: exaggerations, falsehoods and demagoguery. Germany’s ascendent far right shows that all of Europe – and beyond, including the US – could be at a tipping point.

Persons: Paul Hockenos, ”, Paul Hockenos Hayyan, Adolf Hitler’s, Reich, Alice Weidel, –, Ulrich Perrey, Holstein Daniel Günther, Vladimir Putin’s, Austria –, Germany’s Organizations: CNN, Berlin CNN, Parliament, Research, Brandeis University Locations: Berlin, New Berlin, Hungary, Italy, Finland, Germany, Schwerin, Schleswig, Vladimir Putin’s Russia, Ukraine, Sweden, Austria, Europe

☆ Iceland scientists want to drill a hole straight into a reservoir of molten magma about a mile underground. It could generate limitless energy.
▼ + stars: | 2024-01-15 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +9 min

Scientists in Iceland want to drill straight into an underground magma chamber. AdvertisementScientists in Iceland want to drill a hole into a magma chamber about a mile underground in an attempt to generate limitless energy. KMTIngólfsson expects one well on a magma chamber could be as productive as 10 other wells elsewhere. I'm not sure how much more efficient systems would be if drilled into a magma chamber," he said. AdvertisementA short time to get a lot of moneyKMT hopes to break ground on the first hole into the magma chamber in 2026.

Persons: —, Ingólfsson, Mika Mika, Paolo Papale, Jon Gluyas, Iceland Layne Kennedy, Gluyas, Hafsteinn Karlsson, it's Organizations: Service, Scientists, Italy's National, of Geophysics, Volcanology, New, KMT, Durham University, Global Geothermal Energy Advancement Association, KMT Ingólfsson, Gluyas Locations: Iceland, Namafjall, Pisa, Northern Iceland, Landmannalaugar, Krafla, Mexico, Kenya, Ethiopia, Italy

☆ Christian Nationalists Could Put Trump Back in the White House: Expert
▼ + stars: | 2024-01-15 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +19 min

In the US, the immediate crisis is the phenomenon of Donald Trump and the strong conservative Christian support for Trump, which continues to this day. Can you tell me a little bit more about the reasons that you've found why Donald Trump has such a significant base among Christian conservatives? What's interesting is evangelicals have had to learn how to hold their nose and support Trump. There are state-level Christian theocrats who are in some ways implementing as much of an authoritarian reactionary Christian agenda as they can. And when this ferocious backlash begins on the white Christian side, it's very tightly connected to the civil rights era.

Persons: David Gushee, Donald Trump, we're, I'm, it's, I've, you've, Ronald Reagan, Reagan, Trump, Christian, they're, It's, Robustly, he's, Vladimir Putin, George W, Bush, Mike Pence, Pence, theocrats, there's, William Barber, Jim Crow, Barack Obama Organizations: Mercer University, GOP, Trump, Republican Party, House, Officially, Christian, Black Locations: America, United States, England, Russia, West, Christianity

For 74 years, the North Atlantic Treaty Organization has been America’s most important military alliance. Presidents of both parties have seen NATO as a force multiplier enhancing the influence of the United States by uniting countries on both sides of the Atlantic in a vow to defend one another. Donald J. Trump has made it clear that he sees NATO as a drain on American resources by freeloaders. In his 2000 book, “The America We Deserve,” Mr. Trump wrote that “pulling back from Europe would save this country millions of dollars annually.” As president, he repeatedly threatened a United States withdrawal from the alliance. Yet as he runs to regain the White House, Mr. Trump has said precious little about his intentions.

Persons: Donald J, Trump, Mr, “ Organizations: Atlantic Treaty Organization, NATO, freeloaders, White Locations: United States, Europe

The United States will work with other governments to speed up efforts to make nuclear fusion a new source of carbon-free energy, U.S. Kerry spoke at the Atlantic Council Global Energy Forum. In southern France, 35 nations are collaborating on an experimental machine to harness fusion energy, the International Thermonuclear Experimental Reactor, to prove the feasibility of fusion as a large-scale, carbon-free source of energy. The global nuclear industry launched an initiative at COP28 for nations to pledge to triple this kind of nuclear energy by 2050. Commonwealth Fusion was founded in 2018 by researchers and students from the Massachusetts Institute of Technology Plasma Science and Fusion Center.

Persons: John Kerry, ” Kerry, Kerry, Andrew Holland, Dennis Whyte, Whyte, Edwin Lyman, Lyman, Bob Mumgaard, Mumgaard, it's Organizations: Climate, Atlantic Council Global Energy Forum, United Kingdom, United States, International, Reactor, Fusion Industry Association, Dubai, Commonwealth Fusion Systems, United, United Arab Emirates, Fusion, Lawrence Livermore National Laboratory, Commonwealth Fusion, Massachusetts Institute of Technology Plasma Science, MIT, Commonwealth, Plasma Science, Fusion Center, Union of, Scientists, Washington, ARC, SPARC, AP Locations: States, U.S, Dubai, U.N, United States, France, Japan, Europe, China, Russia, Devens , Massachusetts, COP28, United Arab, Commonwealth, California

☆ Goldman Sachs analyzed 1,216 hedge and mutual funds with a combined $5.2 trillion in holdings. Here are the 10 stocks they're both buying.
▼ + stars: | 2023-12-05 | by ( Laila Maidan | ) www.businessinsider.com time to read: 1 min

Hedge funds and mutual funds have both increased their equity exposure, says David Kostin. This sent the S&P 500 to its highest peak of the year, now up 19.50% since January. These 10 stocks are the top picks among both hedge funds and mutual funds. Hedge funds and mutual funds have increased their position sizes in the equity markets this year. Hedge funds particularly have had a great stock-picking run; long positions from Goldman Sachs' Hedge Fund Very Important Position basket (GSTHHVIP), which includes the 50 most popular stocks within the top 10 holdings of fundamental hedge funds, has seen a 34% gain year-to-date, according to a December 1 note from Goldman Sachs Chief US Equity Strategist David Kostin and his team.

Persons: David Kostin, Goldman Sachs, Goldman Organizations: Business Locations: Goldman Sachs

☆ OpenAI investor Vinod Khosla, who's 68, says he still works 80 hours a week and plans to keep investing for the next 25 years
▼ + stars: | 2023-12-01 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

OpenAI investor Vinod Khosla said he still works 80 hours a week during an episode of "The Cerebral Valley Podcast." AdvertisementVinod Khosla, a Silicon Valley investor for almost 40 years, said in the past that he works 80-hour weeks. In 2004, he started his own VC firm he called Khosla Ventures, which backed companies like Instacart, Impossible Foods, and DoorDash. Over the last three months, Khosla Ventures has made multi-million dollar bets on startups in the beverage, insurance, and climate tech space, according to Pitchbook. AdvertisementKhosla didn't immediately respond to Business Insider's request for comment made through Khosla Ventures.

Persons: Vinod Khosla, —, Eric Newcomer, Khosla, Peter Thiel, I've, Warren, he's, Kleiner Perkins Caufield, Byers, toils, Elon Musk, Steve Squeri Organizations: Service, Khosla Ventures, Foods, Tesla, American Express, Financial Times Locations: Silicon, OpenAI

☆ US homebuyers are waiting for the Fed to start cutting interest rates. Here's when 10 experts say it's going to happen.
▼ + stars: | 2023-11-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Mortgage rates could decline if the Federal Reserve cuts interest rates next year. Here are 10 projections from experts on when the Fed's first rate cut will come. While these factors serve as deterrents for prospective buyers, interest rates may not stay this high forever. AdvertisementWhile declining interest rates wouldn't directly cause mortgage rates to fall, the two tend to move in the same direction. FebruaryIn August, Preston Caldwell, a Morningstar senior US economist, wrote in a note that he expected the Fed to start cutting interest rates in February.

Persons: —, Preston Caldwell, Arend Kapteyn, Bhanu Baweja, David Einhorn, Diane Swonk, Andrew Hollenhorst, Goldman Sachs, David Mericle, we'll, Simona Mocuta, Jeff Morton Organizations: Federal Reserve, Service, Federal, Morningstar, UBS, KPMG, Citi, Reuters, State Street Global Advisors, DWS Locations: North America's

☆ How to be likable during your company holiday party or family dinner, according to a Stanford lecturer
▼ + stars: | 2023-11-22 | by ( Jenna Gyimesi | ) www.businessinsider.com time to read: +6 min

The most common mistake across all communication is people don't consider who they're talking to or the context in which they're speaking. It signals you're going one way; the other person's going to go the other. Consider who you're talking to and whenPeople just want to get information out. Often, people don't consider who they're talking to or the context they're in. Before telling your story, ask what's the main motivation in telling this story and what's most relevant to the person you're talking to.

Persons: Matt Abrahams, Abrahams, —, Stanford, I'm, Rachel Greenwald, that's Organizations: Stanford's Graduate School of Business, Service

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