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☆ ‘Hotel in nature’: Inside the world’s best new skyscraper
▼ + stars: | 2024-10-06 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

This is Singapore’s Pan Pacific Orchard, which has just been named the world’s best new tall building by the Council on Tall Buildings and Urban Habitat (CTBUH). Video Ad Feedback Watch: Take a look inside Pan Pacific Orchard. In some areas, Singapore’s strict building codes even require property developers to include large amounts of greenery when constructing new towers. Combined, the green spaces at Pan Pacific Orchard amount to around three times more than this legal minimum. “Pan Pacific Orchard represents the best in responsible vertical urbanism today,” said CTBUH’s CEO, Javier Quintana de Uña, in a statement.

Persons: Darren Soh, ”, Hong Wei, Phua, Singapore’s, Lee Kuan Yew, Marc Tan, Mun Summ Wong, 3XN, Javier Quintana de Uña Organizations: Singapore CNN, CNN, UOL Group, Pan, ”, Vanderbilt Locations: Singapore, Pacific, WOHA, Orchard, ”, Pacific Orchard, New York City

☆ The 3 biggest themes investors are watching for as earnings season kicks off
▼ + stars: | 2024-10-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Investors expect S&P 500 earnings growth of 4.6% as the stock market trades near record highs. Key themes to watch for include AI adoption, consumer health, and the impact of lower interest rates. AdvertisementEarnings season is fast approaching, and investors have a lot to be on the lookout for as companies report third-quarter results. AdvertisementIn addition to the actual earnings figures, investors will be monitoring key themes as company executives offer guidance during earnings calls. Hainlin said he is encouraged by continued growth in consumer spending as credit card defaults "are within normal levels" and the holiday shopping season is right around the corner.

Persons: Wells, —, Michael Dickson, Tom Hainlin, they're, John Belton, There's, Dickson, delinquencies, Hainlin Organizations: PepsiCo, JPMorgan, Service, Wells, Investments, Business, Wall Street, Bank Wealth Management, Aerospace, Defense, Consumer, Federal Reserve Locations: Wells Fargo, FactSet

☆ Berkshire Hathaway now owns 100% of BHE, but the utility giant has been a weak spot for the conglomerate
▼ + stars: | 2024-10-06 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett took full control of Berkshire Hathaway Energy, a utility giant that it has owned a majority stake in since 1999, but the business has been a drag on the conglomerate. Berkshire bought the stake for $2.37 billion in cash, $600 million in debt as well as a significant amount of Berkshire Class B shares , according to a regulatory filing. Berkshire Vice Chairman Greg Abel, Buffett's designated successor, sold his 1% stake in BHE for $870 million at a much higher valuation just two years ago. The utility arm has been a weak spot for the conglomerate, which has otherwise enjoyed a few outstanding years. "BHE has been under pressure," said Cathy Seifert, Berkshire analyst at CFRA Research.

Persons: Warren Buffett, Walter Scott, Buffett, Bill Stone, Greg Abel, Buffett's, Abel, BHE, Cathy Seifert Organizations: Berkshire Hathaway Energy, Berkshire, Berkshire Class, Glenview Trust Company, CNBC, BHE, Oracle, CFRA Locations: Berkshire, Omaha, BHE, Glenview, U.S

☆ There’s too much negativity about the stock market. Focus on these 3 positives instead
▼ + stars: | 2024-10-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. We hear about OpenAI and its brilliant $167 billion valuation , but we don't see any stock available to public-market investors. I have been furious at myself for thinking the Chinese government couldn't do anything about the country's struggling stock market. The Chinese stock market has been rallying nicely since the stimulus announcements. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Elon Musk, he's, isn't, Carl Quintanilla, David Tepper, holler, That's, that's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Federal Reserve, Walmart, Fed, SpaceX, Nike, Walgreens, CVS Health, Club, GE Healthcare, Wynn Resorts, Chinese Communist Party, Apple, PDD Holdings, JD.com, Baidu, Diamondback Energy, Exxon Mobil, CNBC, New York Stock Exchange, Getty Locations: U.S, China, —, New York City

☆ Blue Origin CEO says he wants to bring Amazon's customer-centric culture to Bezos' space rocket company
▼ + stars: | 2024-10-06 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Jeff Bezos' space rocket company, Blue Origin, has long lagged behind Elon Musk's SpaceX. He is also looking to the November launch of its New Glenn rocket to prove it can compete. AdvertisementJeff Bezos started his Blue Origin rocket company with a mission to make flying to space so cheap it would open up a new era of "entrepreneurial dynamism." Related storiesLimp said boosting engine production and successfully launching the company's signature New Glenn rocket were its two main goals for 2024. Blue Origin did not immediately return a request for comment from Business Insider.

Persons: Jeff Bezos, David Limp, —, Elon, Limp, Glenn, We've Organizations: Elon, SpaceX, Service, Origin, CNBC, Business

The specific cruise ship you go on — and the room you're in — can determine what kind of time you have. Research your shipWhen you cruise, the ship is your hotel, your mode of transportation, your restaurants, and oftentimes, it provides professional entertainment, too. Your cruise ship isn't merely a way to get from point A to point B. If you can, avoid a noisy cabin right under the pool or on a deck right above or below the theater." Most cruise drink packages don't begin until you leave ports of call, so you can usually only get included drinks while you're sailing.

Persons: —, I've, Judy Schwartz, Schwartz, lounging, You'll, she's Organizations: Service, U.S, Royal Locations: —, Hawaii, Alaska, Scotland, Ireland, Norwegian, Bahamas, Labadee, Haiti, Royal Caribbean, France, Tallinn, Estonia

☆ Why WordPress founder Matt Mullenweg has gone 'nuclear' against tech investing giant Silver Lake
▼ + stars: | 2024-10-05 | by ( Ari Levy | ) www.cnbc.com time to read: +11 min

Automattic founder, Matt Mullenweg Source: AutomatticMatt Mullenweg, who turned 40 in January, has now spent more than half his life working on WordPress. Silicon Valley private equity firm Silver Lake bought a majority stake in WP Engine in 2018, investing $250 million and obtaining three board seats. WordPress took the drastic step of banning WP Engine from using the WordPress resources necessary to serve its customers, which preceded a lawsuit filed on Wednesday by WP Engine against Mullenweg and Automattic. In the post, Mullenweg criticized WP Engine for not contributing enough back to the WordPress ecosystem. A Silver Lake spokesperson said WP Engine was handling all inquiries.

Persons: Matt Mullenweg, He's, —, I've, Mullenweg, he'd, Neal Katyal, Tomasz Tunguz, Tunguz, Automattic, Lee Wittlinger, they're, didn't, Bob Perkowitz, Perkowitz, he's, They've, wouldn't Organizations: WordPress, WP, Silver Lake, CNBC, Theory Ventures, WordPress.org Locations: U.S, WordCamp, Portland , Oregon, Silver, Auotmattic

☆ Cheap stocks to buy in the fourth quarter, according to HSBC
▼ + stars: | 2024-10-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

It's officially a new trading month, and HSBC recommends investors broaden their exposure in the fourth quarter by seeking out stocks with more reasonable valuations. "These 'big' companies represent the lion's share of equity index returns year to date." HSBC has a buy rating on the stock. In all, 16 of the 29 analysts covering GM have a strong buy or buy rating, and its average price target of $54.35 implies nearly 19% upside from Friday's close, per LSEG. The remaining 11 have a buy or strong buy rating.

Persons: It's, Nicole Inui, General Motors, Goldman Sachs, Goldman Organizations: HSBC, Dow, Industrial, Nasdaq, Federal Reserve, General, GM, Pharmaceutical, Pfizer, Delta Air Lines Locations: Americas, U.S

☆ A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
▼ + stars: | 2024-10-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +11 min

Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company's LC-36 facility in Florida. Blue OriginDave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire's space venture. "Jeff felt that [Blue Origin] needed manufacturing expertise; it needed decisiveness; it need a little bit of energy," Limp said. CEO Dave Limp, third from the left, with Blue Origin employees at the company's New Glenn facility in Florida. In the mission's place, Blue Origin will fly a demonstration of its spacecraft Blue Ring on the first New Glenn launch.

Persons: Dave Limp, Jeff Bezos, Jeff, Limp, Bezos, It's, I'm, New Glenn, Allen Parker, Jennifer Pena, Leanos, Ian Richardson, Tim Collins, it's, Origin's, ULA, Paul Hennessy, Glenn, We've, Starliner, Shepard, Blue, let's Organizations: Glenn, Florida ., Amazon, CNBC, Blue, SpaceX, United Launch Alliance, Lab, Firefly Aerospace, Company, NASA, Amazon Devices, Flexport, Vulcan, Cape Canaveral Space Force, Anadolu, Getty, New Glenn, Falcon, Shepard, National Security, Washington , D.C Locations: Florida, New, Mars, Seattle, Kent , Washington, Texas , Florida, Alabama, ULA, West Texas, Cape Canaveral , Florida, Glenn, Washington ,, Huntsville , Alabama, Cape Canaveral , Texas

☆ There are 3 signs that generative AI might be reaching peak market froth — and it's not just OpenAI
▼ + stars: | 2024-10-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +8 min

There are signs across AI models, chips, and new form factors that the market is getting frothy. Investors spent the summer wondering if top AI stocks could continue to justify soaring valuations in the face of absent returns from their massive AI spending. Now, signs have emerged that they're not yet done with generative AI mania. OpenAI reaches dizzying new heightsSam Altman's OpenAI secured a $157 billion valuation after raising $6.6 billion in its latest funding round. In short, a lossmaking startup must justify its $157 billion valuation.

Persons: Cerebras, —, Andrew Feldman, Ramsey Cardy Cerebras, here's, Abu, Cerebras —, Altman's OpenAI, OpenAI, Elon Musk's xAI, OpenAI's, Ilya Sutskever, Gary Marcus, OpenAI's Sam Altman, David Sacks, Darius Rafieyan, Mira Murati, Mark Zuckerberg, Andrej Sokolow, frothiness, Jensen Huang, Alex Heath, Rahul Prasad, Snapchat Organizations: Nvidia, Service, Investors, Microsoft, Saudi Aramco, Bloomberg, OpenAI, LLMs, Financial Times, Anthropic, Craft Ventures, Tiger Global, The New York Times, Getty, company's Connect, Meta, Orion Locations: Sunnyvale, Abu Dhabi, Silver, Saudi, Silicon Valley, —

☆ This couple bought a 110-year-old schoolhouse for $175,000 sight unseen and converted it into their family home—take a look inside
▼ + stars: | 2024-10-05 | by ( Celia Fernandez | ) www.cnbc.com time to read: +7 min

Stacie Grissom and Sean Wilson lived in New York City for almost a decade, and then the covid-19 pandemic hit. Stacie Grissom and Sean WilsonAfter the couple closed on the former schoolhouse, the real work began. Despite how hard the renovation was for the couple, Grissom says her favorite part was getting to work alongside her dad. Stacie Grissom and Sean WilsonAmid ongoing renovations, the couple and their now two kids moved into the home in September of this year. Stacie Grissom and Sean Wilson

Persons: Stacie Grissom, Sean Wilson, Grissom, Wilson, Kate Wilson, Franklin, hadn't, Sean Wilson Grissom, we've, It's, they're Organizations: CNBC, Union, Graded, Johnson, Museum Locations: New York City, BarkBox, Franklin , Indiana, Indianapolis, New York, Indiana

The company launched its first Amazon Go convenience store featuring a new kind of technology, called "Just Walk Out." In 2020, the company began licensing Just Walk Out technology to third parties, signing on retailers in stadiums, airports and hospitals. The company discontinued some of its retail chains, closed eight Amazon Go stores, and hit pause on new Fresh store openings. While it's no longer featuring Just Walk Out as prominently in its own stores, Amazon says it has inked deals with a growing list of customers. Amazon in July updated the AI system behind its Just Walk Out technology to handle all the inputs in a store simultaneously.

Persons: Jeff Bezos, Charlie Rose, Bezos, Andy Jassy's, It's, Jordan Berke, Berke, Walmart's, Jon Jenkins, Jenkins, Amazon's, CNBC Jenkins Organizations: Amazon, Foods, Anadolu, Getty, Bloomberg, Walmart, Kroger, Target, CNBC Locations: San Mateo , California, United States, China, Seattle , Washington, Amazon's Seattle

☆ CVS is under pressure and considering a breakup. Here's why that could be risky
▼ + stars: | 2024-10-04 | by ( Annika Kim Constantino | Annika Kim Constantino Covers The Biotech | Pharmaceutical Industry For Cnbc Digital. | ) www.nbcnews.com time to read: +13 min

It’s time for a wellness check at CVS Health. But Caremark, in some cases, also funnels drug prescriptions to CVS retail pharmacies, he said. He said a spinoff of CVS’ retail pharmacies would be more likely. A general view shows a sign of CVS Health Customer Support Center in CVS headquarters of CVS Health Corp in Woonsocket, Rhode Island, U.S. October 30, 2023. Those actions will help the company achieve its target of 100- to 200-basis-points margin improvement in its Medicare Advantage business, CVS executives said in August.

Persons: Caremark, ”, eMarketer, Rajiv Leventhal, Karen Lynch, Lynch, Brian Kane, “, ” Jefferies, Brian Tanquilut, Elizabeth Anderson, Anderson, it’s, eMarketer’s Leventhal, ” Tanquilut, Ann Hynes, Tanquilut, “ they’re, they’re, Michael Cherny, Cherny, Faith Ninivaggi, Reuters Cherny, CVS, Tom Cowhey Organizations: CVS Health, CVS, CNBC, Aetna, Monday, Glenview Capital, Glenview, Evercore ISI, UnitedHealth, Humana, Walgreens, Street Health, Oak, Health, Mizuho, Amazon, Walmart, Oak Street, Leerink Partners, Affordable, Medicare, CVS Health Corp, Reuters, Centers, Medicaid Services Locations: U.S, Caremark, Aetna, Texas and Illinois, Woonsocket , Rhode Island

☆ Mark Zuckerberg is now world’s second-richest person, ahead of Jeff Bezos
▼ + stars: | 2024-10-04 | by ( Jonathan Vanian | Jonathan Vanian Is A Technology Reporter For Cnbc.Com | ) www.nbcnews.com time to read: +2 min

Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world’s second richest person, reports CNBC. Zuckerberg’s net worth reached $206.2 billion on Thursday, according to the Bloomberg Billionaires Index, topping the $205.1 billion net worth of the former Amazon CEO and president. The Facebook co-founder now trails Tesla chief Elon Musk by roughly $50 billion, the index showed. The company’s online advertising system suffered a major setback in 2021 when Apple introduced an iOS privacy update that weakened its ability to track users across the web. Investors reacted favorably to Meta’s cost cutting while the company’s online advertising business began to rebound and was bolstered by the massive digital ad spending campaigns by Chinese-linked retailers Temu and Shien.

Persons: Mark Zuckerberg, Jeff Bezos, Elon Musk, Meta, Zuckerberg Organizations: CNBC, Bloomberg, Amazon, Facebook, Meta, Apple, Investors, Orion Locations: Meta

JONESBOROUGH, Tenn.— Vicki Hunter couldn’t make sense of the giant trees rushing toward the front porch of her one-story home. Follow live updates on the aftermath of Hurricane HeleneJerry had been standing on the back porch Friday when the foundation gave way and suddenly the house was floating. Vicki, who had been standing at the front of the house, was knocked over and launched into the water when it began to collapse. She later heard that the couple's house floated for another block or so until it "hit trees and disintegrated." Her sister, whom she had called moments before her house broke off its foundation, watched in horror as a video surfaced online showing Vicki standing alone on the porch as the house floated away.

Persons: — Vicki Hunter couldn’t, Jerry, ” Vicki, Hurricane Helene Jerry, Vicki, ”, “, Brianna Paciorka, Jim, Hurricane Helene, Hope, you’ve, ” Marissa Parra, Alicia Victoria Lozano Organizations: Sentinel, USA Locations: Tenn, Washington County, Jonesborough, Los Angeles

☆ OpenAI just secured a ton of new cash. Now it needs to wow us
▼ + stars: | 2024-10-04 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

One thing seems clear: The company is burning through far more cash than it’s bringing in, according to reporting from the New York Times. (That’s revenue largely from subscriptions to premium versions of ChatGPT and licensing its tech to third-party developers.) Here’s where things get a little wild:Next year, OpenAI estimates that its revenue will more than triple to $11.6 billion. It’s not clear how, or whether, OpenAI is working on reducing its significant cash burn. “It has nothing to do with reality.”One way OpenAI could improve its margins would be to cut costs.

Persons: CNN Business ’, New York CNN —, Goldman Sachs, that’s, Gil Luria, Davidson, ” Luria, “, Luria, There’s, OpenAI, Sam Altman, we’ve, ” Organizations: CNN Business, New York CNN, Google, Pfizer, Microsoft, Nvidia, Ark Investment Management, Apple, Wall Street, New York Times, Times, CNN, CNBC, Bravo, ” Locations: New York, Silicon Valley, Silicon

☆ Visa launches tokenization platform for banks
▼ + stars: | 2024-10-04 | 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 EmailVisa launches tokenization platform for banksVisa just announced its new tokenization platform for banks called the Visa Tokenized Asset Platform, or VTAP. The goal of the new service is to let more than 15,000 banks use blockchain technology for things like tokenized deposits. CNBC's MacKenzie Sigalos speaks to the payment giant's head of crypto, Cuy Sheffield, about the new product and where Visa's crypto strategy is headed.

Persons: CNBC's MacKenzie Sigalos Organizations: Visa Locations: Sheffield

☆ The shocking 'Joker: Folie à Deux' ending adds a unique twist to the Joker character
▼ + stars: | 2024-10-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

"Joker: Folie à Deux" is now in theaters. They did so by making "Joker: Folie à Deux" a musical that cast Lady Gaga as Joker's love interest, Harley Quinn. Here's everything to know about the "Joker: Folie à Deux" ending. "Joker: Folie à Deux." AdvertisementPhillips says he's not making a 'Joker 3'Lady Gaga holding Joaquin Phoenix in "Joker: Folie à Deux."

Persons: Arthur Fleck's, —, Todd Phillips, Joaquin Phoenix, Oscar, Phillips, Lady Gaga, Harley Quinn, Clown, Arthur Fleck, Harvey Dent, Harry Lawtey, Maryanne Stewart, Catherine Keener, Fleck, Lee Quinzel, Lee, Stewart, Dent, he's, Scott Garfield, Warner, we've, Arkham, Gaga, Lady Gaga's Harley Quinn, It's Organizations: Service, DC Comics, Warner Bros, Phoenix, Arkham, Batman, Hollywood, DC Locations: Arkham, Fleck, Phoenix

☆ 46-year-old turned 400 of his employees into millionaires by selling his startup for $3.7B: ‘These are life-changing outcomes’
▼ + stars: | 2024-10-04 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

When Jyoti Bansal made "the hardest decision" of his career — selling his software startup AppDynamics for billions — he did it with his employees in mind. As the startup's founder and chairman, Bansal would've become wealthy either way — but only one of his two options guaranteed the same for many of his staffers, he says. Upon Bansal's acceptance of the offer, roughly 400 AppDynamics employees saw their shares of the company rise in value to at least $1 million, a spokesperson for Bansal says. Today, he's the CEO and co-founder of two other software startups, Traceable and Harness, the latter of which was most recently valued at $3.7 billion in 2022. At least 70 of the company's 80 employees became millionaires on paper when VeriSign's stock soared two years later, Chaudhry said.

Persons: Jyoti Bansal, AppDynamics, Bansal would've, Bansal, could've, Zscaler, Jay Chaudhry didn't, Chaudhry, Get Organizations: Cisco, CNBC, SEC, VeriSign

☆ A girl murdered in 2006 was just revived as an AI chatbot — and her family had no idea
▼ + stars: | 2024-10-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +9 min

Jennifer Ann Crecente, a high school girl murdered in 2006, recently reappeared as a chatbot on Character.ai. It had been 18 years since Jennifer Ann, a high school senior and Crecente's only child, was murdered by her ex-boyfriend in Austin. Grieving, Crecente had started a nonprofit in her name, working since 2006 to raise awareness for teenage dating violence. Drew CrecenteThe website also listed Jennifer Ann as an "expert in journalism" with expertise in video game news. "This is not quite impersonation in the sense that it seems transparent that it is an AI model," Conitzer said of the chatbot mimicking Jennifer Ann.

Persons: Jennifer Ann Crecente, —, Drew Crecente, Jennifer Ann, Crecente, she'd, I've, he'd, Jennifer Ann's, Brian, Brian Crecente, Character.ai, y3gvAYyHVY, Jennifer Ann chatbot, he's, they're, Cassie Lawrence, Vincent Conitzer, Conitzer, Sue Morris, Dana, they've, Morris, Noam Shazeer, Daniel De Freitas, Shazeer, De Freitas, Winni Wintermeyer, Elon Musk, Nicki Minaj, Ryan Gosling, Andreessen Horowitz, Dominic Perella Organizations: Service, Google, BI, Safety, Institute for, Oxford University, Farber Cancer Institute, Washington, Financial Times, Business Locations: Character.ai, Austin, San Francisco, Character.AI, Boston

☆ RBC gives its top stock picks for the fourth quarter
▼ + stars: | 2024-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

The fourth quarter is just getting started, and RBC Capital Markets sees some stocks slated for growth in the months ahead. Looking ahead, RBC unveiled a list of its top 30 high-conviction global stock ideas that it thinks are poised to outperform in the long term. As a result, RBC has an outperform rating on the name, with a price target of $48. "As proof-points to the success of this strategy emerge, we believe the stock could begin to re-rate higher," the analyst said. Software name CrowdStrike and British oil giant Shell were also picked for the fourth quarter's list.

Persons: Brad Erickson, Daniel Perlin, Perlin, Ferrari, Tom Narayan Organizations: RBC Capital Markets, Dow Jones, RBC, Sarepta Therapeutics, Amazon, P Global, PayPal, Reuters Locations: Italy

☆ Stocks making the biggest moves premarket: Spirit Airlines, Summit Therapeutics, Rivian and more
▼ + stars: | 2024-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Spirit Airlines , JetBlue – Spirit plunged more than 38% following a report from The Wall Street Journal that the discount airliner is considering filing for bankruptcy. Shares of peer airline firm JetBlue, which was previously in talks to merge with Spirit, advanced nearly 6%. Zim Integrated Shipping Services – The international shipping company's stock fell more than 9% after U.S. dockworkers and the United States Maritime Alliance agreed to a tentative deal to end the strike on the East Coast and Gulf Coast ports. CVS Health – The company's shares added 1.5% as it is considering breaking itself up and undergoing a strategic review of its business. Chubb – The insurance company slipped more than 1% after Bank of America downgraded shares to underperform from neutral.

Persons: Hapag, Lloyd, Rivian, Chubb, SilverCrest, —, Jesse Pound, Brian Evans, Hakyung Kim, Pia Singh, Michelle Fox Theobald Organizations: Spirit Airlines, JetBlue, Wall Street Journal, Food and Drug Administration, Zim Integrated Shipping Services, U.S, dockworkers, United States Maritime Alliance, CVS Health, CVS, Bank of America, SilverCrest Metals, Coeur Locations: East Coast, Gulf Coast

☆ Google Search's new AI makeover is the latest change the rest of the internet needs to navigate
▼ + stars: | 2024-10-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, Google Search is going to look a whole lot different thanks to generative AI . According to Rhiannon Bell, the vice president of user experience for Google Search, it's a "pretty dramatic shift from where we were before." AdvertisementAnd yes, in case you were wondering if it was coming, Google is going to start putting ads in its AI Search results — but only when Google deems them relevant. Google's new AI-organized search results GoogleSearch's revamp addresses a big concern for the rest of the internet. One survey conducted earlier this year found 60% of people who used Google's AI search found it more effective than non-AI powered Search.

Persons: —, Morgan Stanley, Tyler Le, Hugh Langley, Tech's, Hugh, Rhiannon Bell, Gen, Jenny Chang, Rodriguez, Ned Davis, Kalshi, Andy Jassy F, Carter Smith, Chelsea Jia Feng, Andy Jassy, Marc Andreessen, he's, Alyssa Powell, dockworkers, hasn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Costco, Tech, Google, Getty, Ned, Ned Davis Research, CFTC, Bloomberg, Getty Images, Amazon, LinkedIn, YouTube, EU . US Department of Labor Locations: China, San Francisco, EU, New York, London

☆ These are the most important stocks in the U.S., according to Bank of America
▼ + stars: | 2024-10-04 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

There are several key stocks in the U.S. investors need to be mindful of when navigating the current market environment, according to Bank of America. To capture the momentum from this rally, Bank of America screened for the most important stocks in each region of the world — including the U.S. — that have the potential to have the largest impact on portfolio performance, positive or negative. Bank of America found these stocks to be among the most important in the U.S.: Chipmaker Nvidia and oil and gas giant Exxon Mobil ranked fairly high on the firm's steady compounders list within the screen. Meta's shares are up nearly 64% year to date. Other stocks considered the most important names in the U.S. include rideshare company Uber and pharma name Eli Lilly .

Persons: Nigel Tupper, Vivek Arya's, Metaverse, Justin Post, Eli Lilly Organizations: Bank of America, Investment, U.S, Nvidia, Exxon Mobil, Exxon, Meta, Bank of America's, Uber Locations: U.S, Lebanon, Thursday's

☆ Google is considering nuclear power to feed its energy-hungry AI data centers
▼ + stars: | 2024-10-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Google could one day use nuclear energy to power its AI data centers. Competitors like Amazon and Microsoft are turning to nuclear energy to power their data centers too. AdvertisementIf Google CEO Sundar Pichai's hints on Thursday are any indicator, nuclear energy may one day power some of Google's energy-hungry AI data centers. To be sure, this isn't the first time Google has expressed interest in clean energy alternatives like nuclear energy. In March, Amazon inked a $650 million deal to buy electricity from the Susquehanna nuclear power station, per the Financial Times.

Persons: Sundar Pichai, —, Sundar Pichai's, Pichai, bZnGkp4RnQ Organizations: Google, Microsoft, Service, Nikkei Asia

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