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☆ What to know about this AI stock with ties to Nvidia up nearly 170% in 2024
▼ + stars: | 2024-03-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Investors may want to keep an eye on this artificial intelligence voice-and-speech recognition stock with ties to Nvidia . Shares of SoundHound AI have surged almost 170% this year and nearly 347% in February alone as investors bet on new applications for the booming technology trend that has taken Wall Street by storm. SOUN YTD mountain SoundHound shares in 2024 While the Nvidia investment isn't new news for investors and analysts, it does reinforce SoundHound's value proposition. "With voice enabled units expected to grow to 70% of shipments by 2026, this represents a significant growth opportunity, in our view," he added. He estimates an $11 billion total addressable market when accounting for the immediate opportunities from quick-service restaurants and original equipment manufacturers.

Persons: Dan Ives, Ives, SoundHound, Ladenburg Thalmann's Glenn Mattson, Krispy, Davidson's Gil Luria, Cantor Fitzgerald's Brett Knoblauch, Wainwright's Scott Buck Organizations: Nvidia, Wedbush Securities Locations: Krispy Kreme, Jersey

Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. While generative AI has grown at lightning speed, nuclear power projects are heavily regulated and usually advance at a plodding pace. That's raising questions about whether advances in nuclear energy can cut emissions as swiftly as energy-guzzling AI and other fast-growing technologies are adding to them. The nuclear power industry hasn't meaningfully expanded its share of the U.S. energy mix for decades. By one estimate, up to 800 gigawatts of new nuclear power will be needed by 2050 to meet current green energy targets.

Persons: Sarah Myers West, Myers, Sam Altman, OpenAI, Altman, Jacob DeWitte, Oklo, hadn't, You've, DeWitte, Oklo's Organizations: Silicon, CNBC, Helion Energy, Microsoft, federal Nuclear Regulatory Commission, Air Force, NRC, Idaho National Laboratory, Energy Department, Pew Research Locations: Idaho, Ohio, United States, Alaska, U.S, Ukraine, Fukushima, Japan

☆ Private-equity and VC investors look to sports, AI, and live events as the era of peak TV draws to a close
▼ + stars: | 2024-03-07 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

That was a far steeper decline than the overall venture funding market, which declined 38% in 2023, the report said. (The report was based on data from Crunchbase, which Alignment Growth is an investor in.) Investors have been flocking to AI, live entertainment, and sports. Sports M&A nearly tripled in three years to $27.9 billion in 2023, driven by deals for team franchises, the Alignment Growth report showed. High ticket prices for live entertainment could dampen attendance, especially if consumer confidence takes a hit.

Persons: Wade Holden, Anthony Jasenski, CBRE's, Jasenski, haven't, IATSE, Alex Iosilevich, Schlogel, Craig Thompson Organizations: Venture, Business, Disney, Warner Bros, Global, P Global Market Intelligence, Blackstone, Bain Capital Real, Deloitte, Teamsters, Hollywood, Investors, Sports, Atwater, Mindspring Capital Locations: Hollywood, Crunchbase, Americas, OpenAI

☆ Marvell shares fall as chipmaker forecasts downbeat first-quarter results on weak enterprise demand
▼ + stars: | 2024-03-07 | by ( ) www.cnbc.com time to read: +1 min

The Marvell Technology Group Ltd. headquarters building stands in Santa Clara, California, U.S., on Tuesday, Feb. 8, 2011. Marvell Technology forecast first-quarter results below market expectations on Thursday, hurt by weak demand for its custom chips used in artificial intelligence applications, sending the company's shares down about 8% in extended trade. The company had flagged in November that it expects roughly half its revenue to decline in the first quarter, weighed down by weak demand in its wireless carrier and enterprise markets. The company forecast first-quarter adjusted earnings per share of 23 cents, plus or minus 5 cents, compared with estimates of 40 cents per share, according to LSEG data. The company reported fourth-quarter revenue of $1.43 billion, beating estimates of $1.42 billion, on the back of rapid adoption of artificial intelligence.

Persons: Marvell, Matt Murphy Organizations: Marvell Technology Group, Marvell Technology, Marvell, Revenue Locations: Santa Clara , California, U.S, Marvell

☆ TikTok: House panel unanimously approves bill that could ban app from US app stores
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

If enacted, the bill would give ByteDance 165 days, or a little more than five months, to sell TikTok. The legislation also has the support of the White House and House Speaker Mike Johnson. House lawmakers voted unanimously in the same session Thursday to advance a second bill, one that would limit US companies’ ability to sell Americans’ personal information to foreign adversaries. Speaking to reporters on the Capitol steps Thursday, Gallagher rejected characterizations of the bill as a TikTok ban. A legislative factsheet from the sponsors of the House bill claims the proposal does not censor speech.

Persons: ”, TikTok, Shou Chew, Cathy McMorris Rodgers, Frank Pallone, “, ” Pallone, Shou Zi Chew, Jose Luis Magana, Mike Gallagher, Raja Krishnamoorthi, Mike Johnson, Steve Scalise, Washington Sen, Maria Cantwell, ” Cantwell, Gallagher, “ It’s, Dan Crenshaw, It’s, ” Crenshaw, snoop, ByteDance, Trump, Tom Williams, —, “ We’re, Jenna Leventoff, Stephanie Joyce, ” CNN’s Haley Talbot, Melanie Zanona Organizations: Washington CNN, TikTok, House Energy, Commerce, Apple, Google, “, Washington Republican, New, New Jersey Rep, Capitol, Wisconsin Republican, Illinois Democratic Rep, White, Senate, Democratic, Washington, CNN, Chinese Communist Party, Texas Republican, Oracle, American Civil Liberties Union, ACLU, Computer and Communications Industry Association, Foreign Locations: China, New Jersey, Washington, United States, Beijing, State, Rayburn, Montana

☆ Generative AI is the talk of the town, but businesses are still not ready for it, survey shows
▼ + stars: | 2024-03-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +5 min

"There is a misconception about how easy it is to run mature, enterprise-ready, generative AI," said Stela Solar, Inaugural Director at Australia's National Artificial Intelligence Centre in the survey report. Meanwhile, 56% of the respondents said their IT investment budgets, in general, were a limiting factor in rolling out generative AI. Other barriers to generative AI adoption according to the survey respondents included the lack of relevant generative AI skills. Disruptors versus the disruptedStill, the survey reflected overall positive sentiments about the future role of generative AI in business. While six of 10 respondents expect generative AI to substantially disrupt their industry in the next five years, 78% see it as a competitive opportunity.

Persons: skilling, Chris Levanes, Laurence Liew, Geraldine Kor Organizations: Istock, MIT Technology, Telstra, Artificial Intelligence, South, MIT, Singapore, Telstra International Locations: Australia, South Asia, Singapore

☆ Copilot dreams and nightmares: Microsoft insiders share what they really think about the company's AI future.
▼ + stars: | 2024-03-06 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

"Customers trust Microsoft more than OpenAI since they already buy Microsoft's ecosystem," a Microsoft AI researcher told BI. "Almost everyone I know is working on Copilot to a certain extent," the Microsoft AI researcher told BI. "It's too premature to assume this is going to be a race to the bottom on price," another Microsoft executive said. Some Microsoft employees work so closely with OpenAI that they have badges to get into OpenAI's offices, and some OpenAI employees can badge into Microsoft locations. Mistral models will be offered to Microsoft customers along with about 1,600 other models including Cohere and Meta's Llama.

Persons: there's, Morgan Stanley, Satya Nadella, they've, they're, Frank Shaw, Shaw, That's, OpenAI, JPMorgan Chase, It's, Dentsu, Shiva Vannavada, Vannavada, Eric Boyd, Scott, John Montgomery, Asha Sharma, Ashley Stewart Organizations: Microsoft, Business, Enterprise, Walmart, JPMorgan, BI, Google, Dentsu, Product, Technology, Employees, Nvidia, DA Davidson, AI Services, AI Bot, OpenAI Locations: OpenAI, Mistral

☆ CNBC Daily Open: U.S. services activity moderates
▼ + stars: | 2024-03-06 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Overnight, U.S. markets were dragged lower by sharp declines in major tech stocks. China growth pushChina may need to resort to an old tactic to hit its ambitious growth target this year. AI adoption rateA global survey found AI adoption rate for businesses is yet to match the hype around the technology.

Persons: Hong, Dow, Bitcoin, Wang Dan, Jeremy Hunt, Paul Meeks Organizations: CNBC, CSI, Nikkei, Nasdaq, Apple, Hang Seng Bank, Finance, Conservative Party, Nvidia, Veteran, CNBC Pro Locations: Hong Kong, Asia, China, Beijing

☆ Bitcoin resumes rally after hitting a new all-time high
▼ + stars: | 2024-03-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin resumes rally after hitting a new all-time highCNBC's MacKenzie Sigalos reports on factors driving bitcoin's record run higher, including spot ETFs fomenting institutional adoption of the asset class.

Persons: CNBC's MacKenzie Sigalos

☆ Executives are spending on AI—but just 38% are actually training their workers on it
▼ + stars: | 2024-03-06 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

Workers from the entry level to to the C-suite are prioritizing the adoption of artificial intelligence at work, but leaders don't seem to be investing in the tools to help their employees learn on the job. A majority, 4 in 5 workers say they want to learn more about AI and how it can be used in their role, according to LinkedIn's latest workplace learning report. Meanwhile, just 38% of U.S. executives say they're currently helping workers become AI-literate. Nearly three-quarters of CEOs call generative AI a "top investing priority" and are spending on AI to increase profitability, innovation and security, per a recent survey conducted by KPMG. However, more than half of respondents said they're spending more money on new technology than on training current employees.

Persons: they're Organizations: KPMG

Speaking at the Next.io forum on internet gambling and sports betting, several mentioned New York and Maryland as likely candidates to start offering internet casino games soon. And some noted that, despite years of difficulty crafting a deal that satisfies commercial and tribal casinos and card rooms, California is simply too big a market not to offer internet gambling. Shawn Fluharty, a West Virginia state delegate and chairman of a national group of legislators from gambling states, listed New York and Maryland as the most likely states to add internet gambling soon. Both men acknowledged the difficulty of passing online casino legislation; Thirty-eight states plus Washington, D.C., currently offer sports betting, compared to seven with internet casino gambling. Fluharty said four casinos opened in Pennsylvania after the state began offering internet casino gambling.

Persons: ”, Rob Heller, Shawn Fluharty, Brandt Iden, Iden, Fluharty, Joseph Addabbo, Kathy Hochul, Edward King, ” Adam Greenblatt, “, Wayne Parry Organizations: Spectrum Gaming Capital, West Virginia ., Betting, Gaming, Washington , D.C, New, Acies Investments, BetMGM Locations: U.S, New York, Maryland, California, Rhode, New Jersey , Connecticut, Delaware , Pennsylvania, Michigan, West Virginia, West Virginia . Nevada, Washington ,, Pennsylvania, Texas, www.twitter.com

☆ Companies are required to disclose their climate impact, SEC says
▼ + stars: | 2024-03-06 | by ( Allie Kelly | Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Under the disclosure, public companies will have to release their greenhouse gas emissions, environmental risk impacts, and risk management strategies. Climate disclosure will create a standardized way for companies to report environmental impactPreviously, companies only disclosed their climate impact information on a voluntary basis. Bryan McGannon, managing director of the nonprofit sustainable investment forum US SIF, said the climate disclosure is "a really good first step" toward increasing transparency. The SEC might also be facing litigation from corporate America, which hopes to challenge the new climate disclosure in court, McGannon said. Some companies might be concerned about the potentially high costs of gathering data and complying with the disclosure, SEC officials said.

Persons: Gary Gensler, Steven Rothstein, Rothstein, Bryan McGannon, McGannon, Gavin Newsom Organizations: Service, US Securities and Exchange Commission, Business, Economic, SEC, BI, Ceres Accelerator, Sustainable Capital, US, CNBC, Clean Energy, Jobs Locations: America, California, Michigan

☆ Where Electric Vehicles Are (and Aren’t) Taking Off Across the U.S.
▼ + stars: | 2024-03-06 | by ( Nadja Popovich | ) www.nytimes.com time to read: +7 min

Where Electric Vehicles Are (and Aren’t) Taking Off Across the U.S.Last year, Americans bought more than one million fully electric cars, trucks and SUVs, a record and a milestone for the country’s transition away from gas-powered vehicles. To fight climate change, the Biden administration and many state governments want to accelerate the transition to electric vehicles. experience from pretty easy and kind of hard,” said Ken Kurani, a researcher focused on electric vehicles at the University of California, Davis. Only two electric vehicles in the analysis, both made by Tesla, cost the same or less than similar gas models. But for now, “there are some very real ways in which, in comparison to conventional vehicles, electric vehicles either really are still struggling to be as good or better, or are struggling against the imagination that they’re not as good or better,” he said.

Persons: Tom Libby, Mr, Libby, “, ”, Biden, Ken Kurani, Kurani, Brittany Greeson, Philip Cheung, We’re, Tesla, “ We’re, Jessica Caldwell, Kelley, Davis Organizations: P Global Mobility, P, Pew Research Center, University of California, The New York Times, BMW, Ford, Hyundai, General Motors Locations: Florida, Texas, West Coast, California, San Francisco Bay, Los Angeles, Detroit, Bismarck, N.D, United States, Davis, Chicago, Norway, Edmunds, U.C

☆ Ether climbs another 6% after Monday rally, bitcoin hits record
▼ + stars: | 2024-03-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Ether on Tuesday continued its march higher as the price of bitcoin took a breath. Bitcoin rose 1% to $68,833.45 and hit a record high above $69,000. "As has often happened in the past, bitcoin approaching record highs has caused a trickledown effect of adoption elsewhere in the ecosystem." With bitcoin up 19% in the past week, meme coins have gained about 175% in the same period, according to CoinGecko. Analysts point to them as evidence that retail investors, who have been absent for much of the recent crypto rally, are starting to return to the crypto market.

Persons: bitcoin, bitcoin's, Philipp Zentner Organizations: Metrics Locations: Bitcoin

☆ Here are the top AI picks for 2024 from Baird
▼ + stars: | 2024-03-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

To try and offer up some alternate names, Baird released an updated 2024 edition of its stock picks targeting top ideas in artificial intelligence and machine learning in a 34-page report out Tuesday. "While the implications of AI vary across sectors, we collectively believe the AI tidal wave is still in the early innings," a team of analysts led by Tristan Gerra wrote. Another name Baird recommended was cloud cybersecurity firm Cloudflare , which surged last month after topping analyst expectations in its fourth quarter. "Though AI's impact on NET's revenue is still unfolding, the company is strategically positioning itself for the shift from AI training to inference," wrote Baird analyst Shrenik Kothari. "Cloudflare's focus on connectivity for AI applications and the optimization of its network for diverse AI use cases showcases its commitment to facilitating AI adoption and exploring new monetization avenues as the AI landscape evolves."

Persons: Baird, Tristan Gerra, Pinterest, Colin Sebastian, BofA, Shrenik Kothari, Marc Benioff's, Goldman Sachs, Goldman, Kash Rangan, — CNBC's Michael Bloom Organizations: Nasdaq, Nvidia, Micro Computer, Apple, Bank of America, Wall Street, TAM

☆ How Hedge Funds Are Betting on Electricity and the Changing Power Grid
▼ + stars: | 2024-03-05 | by ( Alex Morrell | Bradley Saacks | ) www.businessinsider.com time to read: +19 min

A onetime commodities backwater, congestion trading has become a growing business in recent years as the demand for electricity and volatility on the power grid in the US has soared. The financial category, which includes specialized power-trading companies, banks, hedge funds, and large proprietary trading firms, dominates the market, in part because the physical power firms typically operate in only one or two regions. He launched three congestion trading teams for the firm, including in California and Texas after those states introduced congestion trading in 2008 and 2010, respectively. Citadel, along with Susquehanna International Group and Tower Research, has been involved in FTR trading since the market's infancy. Volatility has been increasing on the power grid, in part because of changing weather patterns, Jeev added.

Persons: Kumar Jeev, Jane Street, Richard Roseblade, who's, There's, Roseblade, Bill Clark, Jeev, DC Energy's Tyler Kuhn, DRW, California Al Seib, Brevan Howard, Jane, Stephanie Staska, Staska, couldn't, Joe Biden's, It's, Meredith Angwin, Angwin Organizations: Business, Capital, Midwest, Citadel, Tower Research, Yes Energy, Energy, Anadolu, Getty, Federal Energy Regulatory Commission, FERC, Nasdaq, York Stock Exchange, Nvidia, Johns Hopkins University, DC Energy, Wayfair, Squarepoint, Appian, Boston Energy, Susquehanna International Group, DC, Bloomberg, Commodities, Traders, Wall Street, Workers, GreenHat Energy, JPMorgan, Hill Energy Resource & Services, P, Grid, & $ Locations: Wall, East Coast, DRW, Susquehanna, FTRs, New York, Canada, Texas, Virginia, California, Berlin, Chicago, Oregon, California Al, Ukraine, Russian, Uri, Northern Virginia

Lorenzo Montoya, of the New Mexico Occupational Health and Safety Bureau, conducted a six-month investigation of the shooting and whether managers affiliated with Rust Movie Productions complied with state workplace safety regulations. Photos You Should See View All 60 Images“Rust Movie Productions identified a hazard,” Montoya said. “They adopted firearms safety policies, but they totally failed to enforce them, train their employees on them, practice them, reference them. Prosecutors say Gutierrez-Reed is to blame for unwittingly bringing live ammunition on set and that she flouted basic safety protocols for weapons handling. Rust Movie Productions paid a $100,000 fine to resolve the state workplace safety findings.

Persons: ”, Alec Baldwin, armorer Hannah Gutierrez, Reed, Halyna Hutchins, Lorenzo Montoya, Gutierrez, Montoya, ” Montoya, “, Gabrielle Pickle, Baldwin, Hutchins, Joel Souza, Rust Organizations: SANTA FE, New, New Mexico Occupational Health, Safety Bureau, Rust Movie, Gutierrez, Prosecutors Locations: SANTA, New Mexico, Santa Fe

☆ Gen AI is here to stay — here are 5 skills to help you stay relevant in the changing job market
▼ + stars: | 2024-03-04 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Generative AI isn't just a buzzy new topic – it's revolutionizing the workforce. Generative AI is a type of artificial intelligence capable of generating images, text or other content. Nearly three in five whitecollar employees report using generative AI on a weekly basis. Oliver WymanOliver Wyman conducts monthly surveys of more than 200,000 people across 20 countries to gather data about attitudes surrounding Generative AI and other trends. "Generative AI lacks the contextual nuance and ethical judgment that humans should apply in analysis," a spokesperson for Oliver Wyman told CNBC Make It.

Persons: ChatGPT, Oliver Wyman Oliver Wyman, Oliver Wyman, we’re Organizations: McKinsey, CNBC

☆ Bitcoin price surge and generative AI dominate discourse at Africa Tech Summit
▼ + stars: | 2024-03-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin price surge and generative AI dominate discourse at Africa Tech SummitCNBC's MacKenzie Sigalos reports from Nairobi, Kenya, on bitcoin's big upward price swings, how crypto adoption is growing there, and other headlines from the Africa Tech Summit.

Persons: Africa Tech Summit CNBC's MacKenzie Sigalos Organizations: Africa Tech Summit Locations: Nairobi, Kenya

☆ Strong Ford hybrid sales provide a window for investors to make a move on the stock
▼ + stars: | 2024-03-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Ford on Monday reported a continued surge in monthly hybrid sales, the latest indication that its strategic shift from money-losing and demand-softening electric vehicles is paying off. Shares of Ford were trading as much as 4% higher on Monday after a strong February sales report. F YTD mountain Ford stock year to date performance. Hybrids are "going to be a breakout for Ford," Jim Cramer said Monday. Ford Blue, which includes ICE and hybrid vehicles, delivered a $7.5 billion EBIT profit.

Persons: Ford, Jim Cramer, Jim, Jim Farley, Jim Cramer's, Charly Triballeau Organizations: Ford, Ford Pro, CNBC, AFP, Getty Locations: U.S, Inwood , New York

☆ Jim Cramer says these 4 stocks are better AI plays than red-hot Super Micro Computer
▼ + stars: | 2024-03-04 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Super Micro Computer : Shares surged nearly 25% on Monday after the artificial intelligence server maker was selected late Friday to join the S & P 500 later in March. The gains push its year-to-date ascent to almost 300% and its 12-month increase to nearly 1,050%, amid booming interest in stocks that benefit from AI adoption. "This is too much," Cramer said, referring to Super Micro's stock surge. Arm Holdings is another Nvidia-adjacent investment idea, Cramer said.

Persons: Jim Cramer's, Cramer, it's Dell, Marc Bitzer, Tony Spring Organizations: CNBC, Club, Nvidia, AMD, Design Systems, Holdings, Cramer's Charitable Trust, Whirlpool, Arkhouse Management, Brigade Capital Management, JetBlue Airways, Spirit Airlines, Airlines Locations: Cramer's

☆ For century-old Mack Trucks, the 18-wheeled, bulldog-big rig future is still going to be EV
▼ + stars: | 2024-03-03 | by ( Bob Woods | ) www.cnbc.com time to read: +6 min

Mack Trucks, founded in Brooklyn, New York, in 1900, is renowned for its 18-wheelers, diesel-powered big rigs with a trademark bulldog mounted on the hood. Purchase-making decisions are distinct for consumer and commercial markets, a difference reflected in last year's EV sales results within both sectors and outlooks for future growth. EV sales increased year over year by 40% in the fourth quarter, yet were down from 49% in the third quarter. Cox expects this year's EV sales to reach 1.5 million, about 36% higher than last year. Eighty EV truck deployments were cataloged in 2020, and those deployments jumped to 1,948 in 2022.

Persons: Mack Trucks, Mack, Jonathan Randall, Kelley, Cox, Tesla, EVs, Randall, BEV, Ann Rundle, Rundle Organizations: Mack Trucks North, Sweden's Volvo Group, Volvo Trucks, Volvo, U.S, EV, Ford, GM, EDF, American Truck Dealers Association, ACT Research, ICE Locations: Brooklyn , New York, —, New York City, Miami , Florida, Mack Trucks North America, Greensboro , North Carolina, Paris, U.S, United States

What makes these stocks so formidable is the way they are "constantly reinventing themselves," Jeff Marks, the Club's director of portfolio analysis, said alongside Jim on stage. The Club portfolio, which consists of 32 stocks and cash, has nearly a 22% weighting in the Super Six. Let's consider how to allocate a hypothetical portfolio consisting of 12 stocks and 10% cash. Understanding how the stocks are linked creates an opportunity to build a well-rounded portfolio that balances risk and future returns. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, … I'm, Jim, Jeff Marks, Let's, Eli Lilly, Linde, –, Tim Cook, we're, it's, Jim Cramer's Organizations: Apple, Microsoft, Meta, Nvidia, Tesla, Palo Alto Networks, Costco, Linde, Google, Facebook, Amazon Web Services, Super, Jim Cramer's Charitable, CNBC Locations: Palo, Amazon, lockstep

☆ Top Wall Street analysts recommend these 3 stocks for the long term
▼ + stars: | 2024-03-03 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Wall Street analysts remain focused on the long-term prospects of stocks with solid growth potential. Here are three stocks favored by the Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. The revised outlook reflected net sales growth across regions in the holiday sales quarter, led by continued strength in the Americas. Tarlowe highlighted that Abercrombie & Fitch continues to gain market share both domestically and worldwide. Overall, the analyst sees further upside to ANF's market share, sales and earnings.

Persons: Goldman Sachs, Toshiya Hari, Hari, TipRanks, Corey Tarlowe, Fitch, Tarlowe, Hollister, Kate McShane, McShane Organizations: Wall Street, Nvidia, Data Center, Abercrombie, Fitch, Jefferies, Hollister, Walmart Locations: Americas, U.S, India, Mexico, Central America, China, TipRanks

☆ Japan’s population crisis was years in the making – and relief may be decades away
▼ + stars: | 2024-03-01 | by ( Jessie Yeung | ) edition.cnn.com time to read: +10 min

The demographic crisis has become one of Japan’s most pressing issues, with multiple governments failing to reverse the double blow of a falling fertility rate and swelling elderly population. But Japan’s crisis is unique in that it’s been decades in the making, experts say – meaning its impact is particularly evident now, with relief unlikely to come anytime soon. ‘Not reversible’The first thing to understand about Japan’s population crisis is that it’s only partly behavioral, said James Raymo, professor of sociology and demography at Princeton University. As of last year, Japan’s fertility rate sat at 1.3. The real problem is that the fertility rate has been consistently low for so long.

Persons: handwringing, It’s “, –, it’s, James Raymo, ” Raymo, ‘, aren’t, Raymo, Tomohiro Ohsumi, – “, Stanislav Kogiku, “, ” Organizations: CNN, Princeton University, government’s Institute of Population, Social Security Research, Getty Locations: Japan, China, Hong Kong, Taiwan, South Korea, Spain, Italy, United States, India, Yonomori, Fukushima, singlehood, Vietnam, Shinjuku, Tokyo, Toyko

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