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☆ A global scramble to make humanoid robots is gearing up to be the 21st century's space race
▼ + stars: | 2024-03-30 | by ( Joshua Zitser | Jyoti Mann | ) www.businessinsider.com time to read: +11 min

Humanoid robots are symbols of power and technological capability, a geopolitics expert says. An incident earlier this month involving a Saudi humanoid robot inappropriately touching a female reporter might not at first seem even remotely connected. AdvertisementHumanoids are visual representations of breakthroughs in AIIn Italy, the Istituto Italiano di Tecnologia is working on iCub, a research-grade humanoid robot. AdvertisementChina wants to take the leadWhen it comes to humanoid robots, China is vying for the top spot, so it's no wonder other nations are getting nervous. "The vast magnitude of the market offers an unmatched chance to test, improve, and expand the uses of humanoid robots," he said.

Persons: —, Neil Armstrong's, Muhammad, Elie Metri, Giorgio Metta, Metta, there's, Zen Koh, Koh, Peggy Johnson, Johnson, it's, David Becker, OpenAI, Mercedes, Tesla, Julian Mueller, Kaler, Mueller, Tang Ke, Li Boyang, Will Jackson, Johannes Simon, you've, Jackson, we're, Gartner, Nvidia's, Melonee Wise, Justin Sullivan, Metri Organizations: Service, Robotics, QSS Robotics, Muhammad, Istituto, Tecnologia, European Union, Ministry of Industry, Information Technology, Fourier Intelligence, Getty, BMW, Strategic Foresight, Stimson, TIME, Beijing, Conference, Boston Dynamics, Arts, Engineered Arts, GTC, Getty Images Saudi Locations: China, Saudi Arabia, Italy, Soviet Union, Saudi, DeepFest, Riyadh, Robotics Saudi Arabia, India, Nigeria, Shanghai, Oregon, Las Vegas, Texas, Beijing, China's Liaoning Province, San Jose , California, Getty Images Saudi Arabia, QSS, Europe

☆ Taiwan needs more babies. But conservative traditions are holding back some fertility solutions
▼ + stars: | 2024-03-30 | by ( Eric Cheung | ) edition.cnn.com time to read: +8 min

Taipei, Taiwan CNN —For married Taiwanese men Alan Hung and Danny Huang, the process of having a biological child together was never easy. Cases like this are troubling to Chen Ching-hui, who last month became the first fertility specialist to win a seat in Taiwan’s parliament. Same-sex couples and single women are banned from accessing procedures such as in vitro fertilization (IVF) or egg freezing in Taiwan, while surrogacy is outlawed entirely. The issue is particularly pressing for Taiwan because, as its population dwindles, so do its military ranks. A nurse handling egg freezing inside a Taipei clinic run by fertility specialist, and now lawmaker, Chen Ching-hui.

Persons: Taiwan CNN —, Alan Hung, Danny Huang, “, ” Huang, Chen Ching, Hung, Huang, Aiden, Danny Huang “, Chen, –, Dr Chen Ching, Eric Cheung, ”, ” Chen, Hsueh, Chang, Paula Bronstein, Huang – Organizations: Taiwan CNN, CNN, Kuomintang, KMT, Communist Party, Taiwan’s Institute for National Defense and Security Research, Democratic Progressive Party, China Medical University Hospital Locations: Taipei, Taiwan, Russia, United States, Taiwan’s, China, East Asia, Japan, Singapore, Korea, Hong Kong, South Korea, Southeast Asia

☆ The 10 most in-demand remote jobs paying over $100,000 that companies are hiring for right now
▼ + stars: | 2024-03-29 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Remote jobs are getting harder to come by. As of December 2023, remote jobs made up less than 10% of postings advertised on LinkedIn, down from a high of 20.6% in March 2022 — even though close to half of jobseekers prefer remote roles. To examine where remote hiring is happening the most for high-paying jobs, FlexJobs identified the top 10 occupations with the highest number of remote job openings on their site between January and March 2024 that pay more than $100,000. The top industries offering ample remote work opportunities with six-figure salaries include tech, marketing and project management, per FlexJobs data provided to CNBC Make It. With that in mind, here are some in-demand, high-paying remote jobs that can earn you a salary of $100,000 or more, according to data from FlexJobs and Payscale:1.

Persons: —, FlexJobs, Toni Frana, We've, Frana Organizations: LinkedIn, CNBC Locations: FlexJobs

☆ The U.S. Aims to Boost Electric Truck Sales
▼ + stars: | 2024-03-29 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

The Biden administration today announced a new environmental regulation that forces manufacturers of heavy trucks to quickly transition their new vehicles to electric power or other low-pollution technologies. The new rule does not mandate the use of electric motors, but rather sets increasingly strict emissions limits across manufacturers’ production lines. Officials project that it will increase the percentage of new nonpolluting long-haul trucks sold in the U.S. from 2 percent to as much as 25 percent by 2032. The shift to electric trucks lags far behind the adoption of electric personal vehicles, in part because electric eighteen-wheelers can cost two or three times as much as a diesel truck and require large, heavy batteries that reduce the truck’s capacity. Also, there are currently only 5,000 charging stations in the U.S. capable of serving heavy trucks, far fewer than what truckers say would be required to make the transition.

Organizations: Biden Locations: U.S

☆ VP Harris announces new requirements for how federal agencies use AI technology
▼ + stars: | 2024-03-28 | by ( Brian Fung | Sam Fossum | ) edition.cnn.com time to read: +5 min

On Thursday, Vice President Kamala Harris announced a set of new, binding requirements for US agencies intended to prevent AI from being used in discriminatory ways. Under the requirements taking effect on Dec. 1, agencies using AI tools will have to verify they do not endanger the rights and safety of the American people. The new policy from the Office of Management and Budget (OMB) also directs federal agencies to designate a chief AI officer to oversee how each agency uses the technology. She said the Biden administration intends for the policies to serve as a global model. Still, the new OMB policy marks the latest step by the Biden administration to shape the AI industry.

Persons: That’s, Biden, Kamala Harris, ” Harris, Shalanda Young, “, ” Young, ” Organizations: Washington CNN, Transportation, Administration, Management, Budget, “, Department of Homeland Security, Commerce Department, White House, Government, Office, OMB Locations: European Union, United States

☆ Toyota could introduce electric, plug-in Tacoma and Tundra pickups
▼ + stars: | 2024-03-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Toyota has previously discussed a broad lineup of battery-electric vehicles , or BEVs, including a midsize pickup model like the segment-leading Tacoma. The latest conversations have introduced the potential for plug-in hybrid vehicles, or PHEVs. Whether it be Tundra, Tacoma or something else in addition to the lineup," Hollis told CNBC on Tuesday during the New York Auto Forum conference. NEW YORK — Toyota Motor is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups. There are not any plug-in hybrid electric pickups currently on sale in the U.S. Stellantis' Ram brand is expected to release an "extended-range" plug-in vehicle with an electric generator powering an engine later this year.

Persons: BEV, Hollis, Jack Hollis, Stellantis, Biden, Muñoz Organizations: Toyota, U.S, Reuters, CNBC, New York Auto Forum, Toyota Motor North, Tacoma, Hyundai, Wednesday Locations: Kentucky, Thailand, Tacoma, Toyota Motor North America, U.S, Georgia

☆ Opinion | Screens Are Everywhere in Schools. Do They Actually Help Kids Learn?
▼ + stars: | 2024-03-27 | by ( Jessica Grose | ) www.nytimes.com time to read: +2 min

A few weeks ago, a parent who lives in Texas asked me how much my kids were using screens to do schoolwork in their classrooms. (Smartwatches and smartphones are banned in my children’s schools during the school day, which I’m very happy about; I find any argument for allowing these devices in the classroom to be risible.) No, this parent was talking about screens that are school sanctioned, like iPads and Chromebooks issued to children individually for educational activities. I’m embarrassed to say that I couldn’t answer her question because I had never asked or even thought about asking. I rarely heard details about what these screens are adding to our children’s literacy, math, science or history skills.

Persons: Chromebooks, I’m, Natasha Singer, “ Organizations: ”, Progress Locations: Texas, New York State

☆ Hyundai considering hybrid vehicle production at $7.6 billion Georgia EV plant
▼ + stars: | 2024-03-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

NEW YORK – Hyundai Motor is reevaluating its plans to exclusively produce all-electric vehicles at a new plant under construction in Georgia, an executive told CNBC on Wednesday. José Muñoz, Hyundai president and global chief operating officer, said the company is evaluating whether or not to produce hybrid or plug-in hybrid electric vehicles at the $7.59 billion plant in addition to all-electric vehicles. The reassessment comes amid slower-than-excepted adoption of EVs, as well as the Biden administration revising emissions rules to better take into account hybrid and plug-in hybrid electric vehicles rather than a focus on all-electric vehicles. Muñoz said Hyundai remains committed to EVs but also knows hybrids and plug-in hybrid vehicles may be better for some consumers. Hyundai on Wednesday revealed a refreshed Tucson crossover that will be offered as a traditional gas engine, hybrid and plug-in hybrid electric vehicle.

Persons: José Muñoz, Muñoz, Biden, We've Organizations: Hyundai, CNBC, New York, Hyundai Motor, South, LG Energy, SK Locations: Georgia, Bryan County, South Korea, Tucson

The Securities and Exchange Commission scored a major win in its lawsuit against Coinbase on Wednesday, as a judge ruled that its claim that the cryptocurrency exchange engaged in unregistered sales of securities could be heard by a jury at trial. Coinbase shares fell around 2% on news of the ruling in Manhattan federal court rejecting its bid to dismiss the SEC's complaint. The regulator first filed suit against Coinbase in June, alleging the company was acting as an unregistered broker and exchange. "The Court finds that the SEC adequately alleges that Coinbase, through its Staking Program, engaged in the unregistered offer and sale of securities," Failla wrote. In June, SEC Chair Gary Gensler said that trading platforms like Coinbase "call themselves exchanges" but were "commingling a number of functions."

Persons: Coinbase, Katherine Polk Failla, Failla, Paul Grewal, Grewal, Gary Gensler, Gensler Organizations: The Securities, Exchange Commission, Coinbase, SEC, New York Stock Exchange, CNBC Locations: Manhattan, U.S

The EV maker got a price target cut from Citi, citing concern round the company's upcoming delivery numbers. Jonas has an overweight rating and $320 price target on shares, which suggests more than 85% upside potential for the shares. — Hakyung Kim 5:31 a.m.: Citi cuts Tesla price target Citi thinks there's not much upside potential for Tesla ahead of the release of its Q1 production and delivery numbers. As a result, the firm lowered its price target on shares to $196 from $224. He did, however, raise his price target to $62 from $56, with the new forecast calling for 9% upside.

Persons: Tesla, Wells Fargo, Morgan Stanley Morgan Stanley's Adam Jonas, Jonas, — Hakyung Kim, there's, Itay Michaeli, Michaeli, Hakyung Kim, David Konrad, Konrad, Fred Imbert Organizations: CNBC, Citi, KBW, EV Locations: Nevada, U.S, Tuesday's, Wells Fargo Wells Fargo, 1H25

☆ Big changes could be coming to the way we pay for things
▼ + stars: | 2024-03-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're examining how a change in credit cards' behind-the-scenes fees impacts you… and your points . Under the settlement, merchants could charge customers more for using different cards despite being part of the same Visa or Mastercard network. AdvertisementTim Boyle/Getty Images; Jenny Chang-Rodriguez/BIThe agreement could ultimately reshape how consumers pay for things. AdvertisementPerhaps that's why one analyst told Business Insider's Alex Bitter he doesn't expect major retailers to pass swipe fees along to customers. But maybe, not unlike the fees the agreement targets, what seems small could eventually add up to something big.

Persons: —, Jenny Chang, Rodriguez, Insider's Grace Eliza Goodwin, Tim Boyle, David Morris, Alex Bitter, LUDOVIC MARIN, BlackRock's Larry Fink, Jeremy Grantham, Ian Shepherdson, That'll, We've, Meta, Mark Zuckerberg, Facebook execs, Francis Key Scott, Hunter Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Nickelodeon, Business, Mastercard, Visa, Getty, Fed, Amazon, BI Locations: Europe, LUDOVIC, Baltimore, Port, New York, London

☆ Unusual find in Bronze Age teeth shows consequences of a shift in the human diet
▼ + stars: | 2024-03-27 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +6 min

The rare find could help scientists further understand how changes in the human diet have led to the prevalence of cavities today. Uncovered during two excavations from 1993 and 1996, the teeth were among several human teeth and other remains found within a limestone cave in County Limerick in Ireland. One tooth had a surprising abundance of Streptococcus mutans (S. mutans), an oral bacteria that causes cavities. Researchers also believe the bacteria is not as commonly found within ancient teeth because the human diet included less refined sugar and fewer processed foods than are consumed today, Cassidy said. … ancient teeth can help us understand how the human oral microbiota (range of microorganisms) has evolved over time and the impact of these changes on human health in the past and today,” Humphrey said in an email.

Persons: Lara Cassidy, Cassidy, mutans, —, “, would’ve, Tannerella, mutans “, Louise Humphrey, ” Humphrey Organizations: CNN, Trinity College Dublin Locations: County Limerick, Ireland, France, London

☆ Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI?
▼ + stars: | 2024-03-26 | by ( John Markoff | ) www.nytimes.com time to read: +12 min

Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI? 1974 A key part of PARC office of the future vision is a network to tie office systems together. The PARC laboratory, set in the foothills just south of Stanford, is now largely empty, hosting less than 100 researchers, far from a peak of almost 400. Mr. Parekh said that the stage was now set for a second leap forward in the way humans interacted with computers. “This is our annuity for the future for investing in research,” Mr. Parekh said.

Persons: Steve Jobs, Jobs, Apple’s Lisa, IBM’s Thomas J, “, ”, Eric Schmidt, Google’s, Bernardo Huberman, Mr, Huberman, Douglas Engelbart, Siri, Bill Duvall, Charley Kline, CALO, David Parekh, Parekh, SIRI, Curtis Carlson, Charles Simonyi, Jan Vandenbrande, Research Jan Vandenbrande, Johan De Kleer, San Organizations: Xerox’s PARC, SRI, Palo, Palo Alto Research, PARC, Mr, Xerox, SRI International, Stanford Research Institute, Xerox Dover, Xerox Corporation, T’s Bell Laboratories, Watson Research Center, Bay, “ PARC, of America, Machine, UCLA, Pentagon, Apple, Macintosh, Research Projects Agency, Microsoft, Windows, Defense Advanced Research Projects Agency, Research Locations: Palo Alto, Stanford’sy, Stanford, Silicon, Menlo Park, Los Angeles, Calif, San Francisco, San Jose

☆ What's behind Danaher's decline, plus high hopes for Apple's developers event
▼ + stars: | 2024-03-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Mark your calendars: Apple said it will host its annual Worldwide Developers Conference from June 10 to June 14. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, It's, Jensen, Danaher, Ingersoll Rand, Jim, Larry Fink, Eli Lilly, Fink, Jim Cramer's, Tim Cook, Josh Edelson Organizations: CNBC, Developers, Apple, Nvidia, Vision, ILC Dover, KeyBanc, Dover, Microsoft, Costco, BlackRock, Corp, Cintas, Jefferies, Jim Cramer's Charitable, Apple's Worldwide, AFP, Getty Locations: Cupertino , California

☆ BlackRock says bitcoin returns likely to come down now that it has been embraced by Wall Street
▼ + stars: | 2024-03-26 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

If you're looking for your bitcoin to go to the moon, the window of opportunity may be slowly closing, according to BlackRock. "Certainly, returns going forward will come down," he said at the Bitcoin Investor Day conference in New York City Friday. That demand was "massive and clear" in 2023, when BlackRock filed to launch its iShares Bitcoin Trust. "I don't think we've seen the end of cycles in bitcoin," Mitchnick said. "[With] bitcoin, when the price goes up, the probabilities of success and adoption in some senses, as digital gold, are also changing," he said.

Persons: Robert Mitchnick, It's, –, Mitchnick, CNBC's Ganesh Rao Organizations: BlackRock Locations: BlackRock, New York, @GC

☆ More startups are paying for ChatGPT as generative AI becomes a go-to tool for tech employees like engineers
▼ + stars: | 2024-03-26 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +6 min

65% of startups on Kruze Consulting's platform are paying for OpenAI, up from just 3% when the chatbot launched in late 2022. Back then, OpenAI had an API service that one to three percent of his clients were using, Jones told Insider in an interview. At fintech unicorn CloudWalk, which is building a payments network, a few engineers started using ChatGPT Plus on their own and praising the application on company Slack channels. Indeed, the growing adoption of ChatGPT is creating demand for engineers who are especially savvy at using generative AI to get work done more quickly. "The feedback we got, which is indirectly related to our using AI, is that investors didn't understand how our team has so many clients and has built so much," Siegal said.

Persons: Healy Jones, OpenAI, Jones, Luis Silva, Carlyle, Lauder, ChatGPT, Silva, We're, CloudWalk, he's, Anthropic, GitHub Copilot, Jared Siegal, Siegal, Copilot, Axel Springer Organizations: Kruze Consulting, OpenAI's, Business, OpenAI, Kruze, ChatGPT, eBay, Slack, ChatGPT Enterprise, Lauder Companies Locations: Brazil, Kruze, GitHub

☆ EY's global blockchain leader 'very optimistic' spot ether ETFs will get approved
▼ + stars: | 2024-03-26 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEY's global blockchain leader 'very optimistic' spot ether ETFs will get approvedIn a wide-ranging interview with CNBC Crypto World, Paul Brody, global blockchain leader for EY, discusses the recent resurgence of crypto adoption and what to expect from Ethereum in the near future. The author also explains some of the use cases outlined in his book "Ethereum for Business: A Plain-English Guide to the Use Cases that Generate Returns from Asset Management to Payments to Supply Chains."

Persons: Paul Brody, EY Organizations: CNBC, Business, Asset Management

☆ The real reason Tesla may be giving free trials of its Full Self-Driving software
▼ + stars: | 2024-03-26 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Tesla is offering a free monthlong trial of its Full Self-Driving software. FSD adoption could significantly increase Tesla's profit margins and improve the software. Tesla CEO Elon Musk announced on Monday that the electric carmaker would offer its US customers a free trial of the driver-assist software starting this week. "All US cars that are capable of FSD will be enabled for a one month trial this week," Musk wrote on X. Advertisement"Almost no one actually realizes how well (supervised) FSD actually works," Musk wrote in the email.

Persons: Tesla, —, Elon Musk, Musk, FSD, Brett Winton, Cathie Wood, I'm, I've Organizations: Service, Business, ARK Invest, Tesla, National, Traffic, Administration

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin maintains $70,000, and KuCoin charged with anti-money laundering violations: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Paul Brody, global blockchain leader for EY, discusses the recent resurgence of crypto adoption and what to expect from Ethereum in the near future.

Persons: explainers, Paul Brody, EY Organizations: CNBC Crypto, CNBC

☆ Viking jumped 25% on early weight loss pill data. We still prefer Eli Lilly
▼ + stars: | 2024-03-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Finally, Viking Therapeutics soared more than 25% after reporting encouraging Phase 1 results of its oral weight loss pill. The data showed up to 5.3% weight loss at 28 days. Its Phase 2 results up to 14.7% mean weight loss at 36 weeks. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Larry Fink, It's, Wedbush, Jim, Eli Lilly, Jim Cramer's Organizations: CNBC, BlackRock, Census Bureau, Social Security, Microsoft, Justice Department, Viking Therapeutics

☆ Laurent de Brunhoff, ‘Babar the Elephant’ author, dies aged 98
▼ + stars: | 2024-03-25 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

CNN —Writer and illustrator Laurent de Brunhoff, who continued his father’s legacy by producing dozens of original books for his “Babar the Elephant” series, has died aged 98. De Brunhoff died at his home in Key West, Florida on Friday following a recent stroke, his wife, the critic and author Phyllis Rose, told CNN via email. “The start — (the) very start of Babar — was a bed(time) story from my mother,” de Brunhoff told CNN in an interview, aired in 2003. Children's author and illustrator Laurent de Brunhoff working at his home during a BBC television interview in 1969. A later series, “Babar,” premiered in 1989 on CBC in Canada and HBO in the US (HBO is owned by CNN’s parent company, Warner Bros.

Persons: Laurent de Brunhoff, Babar, De Brunhoff, Phyllis Rose, Brunhoff, Jean, “, Babar —, ” de Brunhoff, ” De Brunhoff, Arthur, ” “, ”, de Brunhoff, Malcolm Winton, Jean de Brunhoff’s, Ariel Dorfman, ” Dorfman, Ranger, ’, “ Babar, Badou ”, Oscar, Whit Stillman, Mary Ryan, illustrator’s Organizations: CNN, BBC, Radio Times, National Geographic, “, NBC, CBC, HBO, Warner Bros, Disney Junior Locations: Key West , Florida, France, Paris, Chilean, Africa, Canada

☆ Binance crypto exec reportedly on the run after busting out of custody in Nigeria
▼ + stars: | 2024-03-25 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Nadeem Anjarwalla escaped police custody in Nigeria on Friday, Binance said. Nigeria charged Binance, Anjarwalla, and another employee of the crypto exchange with tax evasion. AdvertisementA Binance executive is reportedly on the run after busting out of police custody in Nigeria on Friday. "We were made aware that Nadeem is no longer in Nigerian custody," a Binance representative told Business Insider on Monday. On Monday, Nigeria's Federal Inland Revenue Service said it was charging Binance, Anjarwalla, and Gambaryan with tax evasion.

Persons: Nadeem Anjarwalla, Binance, —, Nadeem, didn't, Bayo Onanuga, Anjarwalla, Tigran Gambaryan, They'd Organizations: Service, Nigeria's Premium Times, Bloomberg, Nigeria's Federal Inland Revenue Service Locations: Nigeria, Africa, Abuja

☆ Software startup Recurrent helps used EV buyers know how much life is left in a vehicle
▼ + stars: | 2024-03-25 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

The used car market is more than twice the size of the new car market, and EVs are fast becoming a part of it. The battery is a significant component of an EV, because the cost of replacing it can exceed the value of the used car itself. "It's similar to how everyone in the used car ecosystem needs to know the odometer of a used combustion engine car," Case said. As the used EV market grows, this technology, which so far has no U.S. competition, is attractive to investors. In addition to Wireframe Ventures, Recurrent is backed by ArcTern Ventures, Powerhouse Ventures and EnerTech Capital.

Persons: Scott Case, Paul Straub, Case Organizations: Consumers, CNBC, EV, Wireframe Ventures, ArcTern Ventures, Powerhouse Ventures, EnerTech Locations: Seattle

☆ Top Wall Street analysts like these dividend stocks for portfolio income
▼ + stars: | 2024-03-24 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Investors seeking some stability in their portfolios may want to consider high-quality dividend stocks, especially those with a track record of steady income payments. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. Nonetheless, PepsiCo announced a 7% hike in its annualized dividend to $5.42 per share, effective with the dividend payable in June 2024. On March 18, Morgan Stanley analyst Dara Mohsenian upgraded PepsiCo stock to buy from hold with a price target of $190. (See PepsiCo Stock Buybacks on TipRanks)

Persons: Wall, Enbridge, Robert Kwan, Kwan, TipRanks, Gerard Cassidy, Brian Moynihan, Cassidy, Morgan Stanley, Dara Mohsenian, Mohsenian Organizations: Pepsi, Brooklyn borough New, Enbridge Energy, RBC Capital, East Ohio Gas Company, Ohio Gas, Public Service Company, Dominion Energy, Dominion, Bank of America, PepsiCo, TipRanks Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, U.S, North Carolina, TipRanks

☆ These are JPMorgan's top AI stock picks outside of the chip space
▼ + stars: | 2024-03-24 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Overall, Chatterjee said that the AI cohort is trading at a 55% premium relative to the non-AI basket. While that may be the case, the top AI picks still remain attractive — including a few names outside of the chip space, he wrote. In the same note, Chatterjee released a list of his top AI stock picks. One of Chatterjee's top AI picks is PC and server manufacturer Dell . The stock "trades at one of the most inexpensive multiples relative to the AI Group despite the robust premium relative to its own historical average," he wrote.

Persons: Stocks, Samik Chatterjee, Chatterjee, Dell, Goldman Sachs, Michael Ng Organizations: JPMorgan, Nvidia, Apple, Big Tech, Dell, Arista Networks, Arista

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