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The news: Morgan Stanley said Alphabet, Amazon (AMZN) and Meta are among the stocks that are best positioned to capture long-term gains from maturing artificial intelligence (AI) capabilities. AI has the ability to "accelerate digital transformation, change consumer behavior and drive more durable multi-year digital growth," Morgan Stanley analysts wrote in a research note this week. Moreover, this "AI Effect" could create a $780 billion online advertising opportunity, with "GOOGL and META as the largest beneficiaries," according to Morgan Stanley. The Club take: The Morgan Stanley note is further validation of just how real the generative AI opportunity is. So, it's encouraging to see Morgan Stanley paint a positive picture about Apple in the near-to-medium term.
Battery recycling company Li-Cycle said Monday it's secured a conditional $375 million loan from the Department of Energy to develop a recycling facility for key battery materials near Rochester, New York. The Rochester facility will significantly expand Li-Cycle's reach. "I think of course we need both primary, meaning mine sources, and secondary…every unit counts of lithium, nickel, cobalt. I think with the overlay of the IRA and the overlay of the corporate targets around sourcing for these materials, recycling is going to be very important." Li-Cycle said it expects the loan to close during the second quarter, with the company planning to initiate commissioning of the Rochester facility late this year.
'Quiet' is the workplace word of 2023
  + stars: | 2023-02-25 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +9 min
Bare Minimum Monday, another workplace buzzword of 2023, also relates to quiet quitting. Experts think those "quiet" trends and more are set to continue throughout 2023 and beyond. "Quiet hiring" is one of the "biggest workplace buzzwords" of 2023 per Insider's reporting. Emily Rose McRae of Gartner's HR Practice said per reporting from GMA that quiet hiring is a workplace trend in 2023 in part because of a shortage in talent. Other buzzwords of the year from Insider's reporting relate to quiet quitting even if they don't use the word quiet.
The 27-year-old is among many young workers who identify with "rage applying," a term that recently went viral on TikTok. Rage applying is a "more aggressive evolution" of what frustrated workers are doing following the "quiet quitting" phenomenon, Zimmerman added. When I was rage applying, it was a way for me to feel like I had control over my life. That is no doubt a major draw for professionals who were or want to be part of "the big quit" and "rage applying." Benefits of rage applyingNevertheless, apart from potential financial gains, rage applying and going for interviews — should you secure any — could be beneficial, said Bergen.
I used to get annoyed when people bought gift cards for gift swaps. I put serious time into finding the right gift, so when people wrapped up gift cards, I felt a flush of annoyance. Cash App - Send Gift Cards to Friends and Family Instantly A tooltip *Cash App is a financial platform, not a bank. I realized it wasn't about the gift cards at allI challenged myself to think about why gift cards bothered me. I can get my mom a gift card for tickets to see a show and buy my daughter a gift card for a local pottery painting studio.
The Power of Mattering at Work
  + stars: | 2022-12-01 | by ( Jennifer Breheny Wallace | ) www.wsj.com   time to read: +1 min
Feeling unappreciated at work? Among the “essentials” for well-being at work, the report states, is “mattering,” the belief that you are valued and important to others. “People want to know that they matter to those around them, and that their work makes a difference in the lives of others,” the report notes. The social psychologist Morris Rosenberg first conceived the idea of mattering in the 1980s, while studying self-esteem among adolescents. Recent research has shown that a focus on mattering can be a powerful tool for responding to the rise in loneliness, anxiety, depression and social division among Americans.
They’re offering more policy briefings to longtime supporters, Zoom calls with top administration officials and White House tours, too. "The $500,000 people like me, we’re not going to be players in 2024," said Dick Harpootlian, a longtime Democratic donor and South Carolina state senator. For the White House, the shift is an acceleration of a courtship campaign that began more modestly before the midterm elections. Amid concerns about the omicron variant last year, the White House was forced to abandon plans for a more full set of holiday parties. Some of those same people were invited to the White House next month for an in-person policy briefing.
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Check out the companies making the biggest moves midday Wednesday:Moderna — Shares of Moderna surged 10% after the drug maker announced it will partner with Merck to jointly develop and sell a cancer vaccine. It reported preliminary month-end assets under management of $1.23 trillion as of Sept. 30. Pepsi also raised its guidance for the year as it was able to successfully raise prices on its products. Lyft — Lyft shares gained 5.8% following an upgrade from Gordon Haskett to buy from hold.
UBS upgrades Norwegian to buy from hold UBS said it sees improved bookings for the cruise operator. Citi reiterates Apple as buy Citi said investor concerns about the company's upcoming earnings report later this month are overblown. " Credit Suisse initiates Boeing as underperform Credit Suisse said it's concerned Boeing has lost access to the China market. Bank of America reiterates Amazon as buy Bank of America said it still sees significant room for margin expansion for Amazon. Bank of America reiterates PayPal as buy Bank of America said PayPal is still a top pick and investors should buy the dip.
Total: 9