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☆ SoftBank seen returning to loss in fourth quarter despite strength in tech stocks
▼ + stars: | 2024-05-12 | by ( ) www.cnbc.com time to read: +2 min

Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings its core asset, performing well over the quarter. Analysts and investors are also eagerly awaiting clues about new growth investments as SoftBank has ample liquidity and can monetize its huge holding in Arm. The initial public offering (IPO) market remained subdued, leaving analysts uncertain of the monetization prospects for SoftBank's portfolio of unlisted tech startups. But while the Arm stake may make possible an investment on this scale, its dominance within SoftBank's portfolio poses a risk should market sentiment turn, hitting SoftBank's value and fundraising capacity. Morningstar analyst Javier Correonero estimates a fair value for Arm of $57 per share, compared to its recent trading range around $100 per share.

Persons: SoftBank, Arm's, DiDi, Shogo Tono, Javier Correonero Organizations: SoftBank, Arm Holdings, Grab Holdings, LSEG, Nomura Securities, Nvidia, Morningstar Locations: Britain, Coupang

☆ 10 Israeli soldiers hospitalized for wasp stings after their tank ran over a swarm's nest in Gaza
▼ + stars: | 2024-05-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

A swarm of wasps in the southern Gaza Strip injured twelve IDF soldiers. Sheba Medical Center in Tel Aviv treated the wounded soldiers, with one requiring intensive care. AdvertisementTwelve IDF soldiers were injured after being attacked by a swarm of wasps in the southern Gaza Strip, the Times of Israel reports. Sheba Medical Center in Tel Hashomer admitted 10 of the wounded soldiers for treatment, with one requiring intensive care, said the report. In the wasp incident, the swarm was provoked by a tank rolling over its nest.

Persons: —, Efrat Katz Organizations: Gaza, Gaza Division's Southern Brigade, Sheba Medical, Service, Gaza Division's, Brigade, Sheba Medical Center, IDF, US Marine, Business Locations: Gaza, Tel Aviv, Israel, Tel Hashomer, Kentucky, Nirim, Hamas

☆ An Nvidia partner and more: Morgan Stanley names tech stocks set for a boost from Arm-based PC chips
▼ + stars: | 2024-05-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

The bank therefore expects Arm-based AI PCs to "start a transformation that will affect the global semis industry." Morgan Stanley added it believes that Apple may expand its Arm-based CPU to AI servers as well. The bank estimates that AI PCs will reach a penetration rate of 95% by 2027 — up from 8% in 2024. Stocks What stocks will benefit from Arm's foray into AI PCs? As for TSMC, Morgan Stanley says its foundry market share with the "x86" CPU market will grow.

Persons: Morgan Stanley, That's, TSMC, MediaTek, bode, — CNBC's Michael Bloom Organizations: Microsoft, Intel, AMD, Qualcomm, Apple, Nvidia Locations: British, Taiwan

☆ Chip designer Arm's shares plunge 8% after disappointing revenue guidance
▼ + stars: | 2024-05-09 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Shares of British chip designer Arm fell 8.22% in premarket trading on Thursday, as disappointing revenue guidance clouded a positive sales quarter driven by demand for artificial intelligence applications. Arm reported fourth-quarter revenue of $928 million Wednesday, marking a 47% year-over-year rise. Arm's royalty revenues, meanwhile, grew 37% year-over-year to $514 million, with the company citing increasing penetration of its recently introduced Armv9-based chips. For the 2025 fiscal year, Arm expects revenue to come in between $3.8 billion and $4.1 billion. Analysts were expecting full-year 2025 revenue of $4 billion.

Persons: Arm

☆ Stocks making the biggest moves midday: Planet Fitness, AMC, Airbnb, Roblox and more
▼ + stars: | 2024-05-09 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Arm — Shares of British chip designer fell 1% in volatile trading after the company issued revenue guidance that left investors unimpressed. Airbnb said revenue in its second quarter total $2.68 billion to $2.74 billion, while analysts were expecting $2.74 billion, according to LSEG. AppLovin — The mobile technology company soared 19% on the heels of better-than-expected first quarter earnings . Warby lost 2 cents a share, narrower than the consensus forecast of 9 cents per share from analysts surveyed by FactSet. Cheesecake Factory — Shares rallied nearly 9% after the chain's first quarter earnings beat estimates.

Persons: FactSet, Forthe, Klaviyo, Airbnb, AppLovin, AMC's financials, Duolingo, —, Warby Parker, Warby, Kate Spade, Roblox, That's, Raymond James, Ancora, Alan Shaw, Equinix, amortization, Charles Meyers, Samantha Subin, Yun Li, Jesse Pound, Sarah Min, Hakyung Kim, Tanaya Macheel, Michelle Fox, Scott Schnipper Organizations: LSEG, LSEG . Revenue, AMC Entertainment, Revenue, FactSet . Revenue, FactSet, Leadership, JPMorgan, Norfolk Southern, postmarket Locations: The Virginia

☆ These sisters became co-owners of the family farm at 22 and 24, joining the ranks of women as key decision-makers on farms
▼ + stars: | 2024-05-05 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +7 min

Rebekah Alstede Modery, left, and Sarah Alstede, sisters and co-owners of Alstede Farms in Chester, New Jersey. Courtesy: Alstede FarmsSisters Rebekah Alstede Modery and Sarah Alstede were raised on a New Jersey farm. In February, the sisters joined their father, Kurt Alstede, and their stepmother, Mary Thompson-Alstede, as co-owners of Alstede Farms. 'A huge undertaking' as a familyCo-owners of Alstede Farms from left to right: Mary Thompson-Alstede, Rebekah Alstede Modery, Kurt Alstede and Sarah Alstede. Rebekah Alstede Modery, left, and Sarah Alstede, sisters and co-owners of Alstede Farms in Chester, New Jersey.

Persons: Rebekah Alstede Modery, Sarah Alstede, Rebekah, Kurt Alstede, Mary Thompson, It's, Dominique Sims, NASS, Agriculture hasn't, Inwood, Lance Honig, Sarah, that's, Bernt Nelson, Rachel Schattman, Alstede Organizations: Delaware Valley University, CNBC, Centenary University, Alstede, National Agricultural Statistics Service, U.S . Department of Agriculture, The Ohio State University, Agriculture, Agricultural Resource Management, USDA Economic Research Service, American Farm Bureau Federation, University of Maine, Farmers Locations: Chester , New Jersey, New Jersey, Sarah, Agriculture, U.S

☆ Trump again won't commit to accepting the presidential election results
▼ + stars: | 2024-05-02 | by ( Summer Concepcion | Jake Traylor | ) www.cnbc.com time to read: +2 min

Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally in Grand Rapids, Michigan, U.S., April 2, 2024. Former President Donald Trump on Wednesday wouldn't commit to accepting the 2024 presidential election results — echoing comments he made during the 2020 election campaign. The presumptive Republican presidential nominee also repeated his false claim that he beat Joe Biden in Wisconsin in the 2020 election. At a CNN town hall event last year, Trump also refused to commit to accepting the results. "We're way ahead," Trump said before repeating his baseless claims that the 2020 election was stolen.

Persons: Donald Trump, Trump, Joe Biden, Biden Organizations: Milwaukee Journal Sentinel, Journal Sentinel, CNN, Republican National Committee, RNC Locations: Grand Rapids , Michigan, U.S, Wisconsin, Freehand , Michigan

☆ Here's why FEMA has spent about $4 billion to help destroy flood-prone homes
▼ + stars: | 2024-04-22 | by ( Lindsey Jacobson | In | ) www.cnbc.com time to read: +5 min

'I have no regrets'Andrea Jones accepted a floodplain buyout for her home in the Charlotte, North Carolina, area. CNBCAndrea Jones, 59, sold her home in the Charlotte, North Carolina, area in a floodplain buyout. On average, federal buyouts can take two to five years, though 80% of the FEMA acquisitions are approved in less than two years. Jones' buyout was delayed by the pandemic, but once she started the process up again in May 2022, things moved quickly. In addition to FEMA, the U.S. Department of Housing and Urban Development and many state and local communities fund floodplain buyouts.

Persons: Siders, Andrea Jones, CNBC Andrea Jones, Jones, Andrea Jones Jones, they're, Mathew Sanders, Sanders Organizations: Federal Emergency Management Agency, FEMA, University of Delaware's, Program, CNBC, Finance, Charitable, Congressional Research Service, U.S . Department of Housing, Urban Development Locations: Charlotte , North Carolina

☆ Making Friends and Dating As Billionaire Steve Ballmer's Son
▼ + stars: | 2024-04-21 | by ( Jane Zhang | ) www.businessinsider.com time to read: +10 min

When I meet people, they usually don't know that my dad is Steve Ballmer. I have some friends for whom it took a really long time — like many months — before they realized the link. There was this guy I used to be friends with who went out of his way to talk to me. My comedy friends are also awesome, and my newest group of friends, my girlfriend's friends, are really cool. Since I'm not a big spender, I don't think anybody eyed me and thought, "I can probably get a ton of money out of him."

Persons: Pete Ballmer, Steve Ballmer, It's, Steve Ballmer's, Stanford, it'd, I'm, I've, douchebag, that's, We've, —, I'd Organizations: Clippers Locations: San Francisco, Italian

☆ Senate passes reauthorization of a key U.S. surveillance program after midnight deadline
▼ + stars: | 2024-04-20 | by ( ) www.cnbc.com time to read: +6 min

After its midnight deadline, the Senate voted early Saturday to reauthorize a key U.S. surveillance law after divisions over whether the FBI should be restricted from using the program to search for Americans' data nearly forced the statute to lapse. The legislation approved 60-34 with bipartisan support would extend for two years the program known as Section 702 of the Foreign Intelligence Surveillance Act. "If you miss a key piece of intelligence, you may miss some event overseas or put troops in harm's way," Sen. Marco Rubio, the top Republican on the Senate Intelligence Committee, said. One of the major changes detractors had proposed centered around restricting the FBI's access to information about Americans through the program. "I think that is a risk that we cannot afford to take with the vast array of challenges our nation faces around the world," Democratic Sen. Mark Warner, chair of the Senate Intelligence Committee, said Friday.

Persons: Chuck Schumer, Alejandro Mayorkas, Joe Biden's, Jake Sullivan, Biden, Ayman al, Sen, Marco Rubio, shouldn't, General Merrick Garland, Garland, Schumer, Dick Durbin, Durbin, Democratic Sen, Mark Warner Organizations: Homeland, U.S, Capitol, Foreign Intelligence, White House, FISA, Republican, Senate Intelligence, Justice Department, United, Justice, Biden, U.S . Capitol, Democratic Locations: Washington , U.S, U.S, harm's, United States

☆ When my 6-year-old asked to get her ears pierced, I took her to a professional piercer. It was much safer than the way I did it.
▼ + stars: | 2024-04-13 | by ( Saba Khonsari | ) www.businessinsider.com time to read: +4 min

Read previewThis year, we took our 6-year-old to get her ears pierced. If our kids wanted them, we would take them to get their ears pierced. I got my ears pierced with a piercing gun at a mallI myself was not allowed to pierce my ears until I was 12. AdvertisementWhen my kids decided they wanted to get their ears pierced, I opted to take them to a professional piercing studio. AdvertisementNow, it's a place I go on a Monday night to get my daughter's ears pierced.

Persons: —, Merle Norman, Professional Piercers, it's, Johns Hopkins, Rachel Dawkins, piercers Organizations: Service, Business, Professional

☆ This AI stock could fall 50% and has an 'exaggerated artificial intelligence narrative,' Morningstar says
▼ + stars: | 2024-04-09 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Arm , the British semiconductor design company, has seen its share price skyrocket since reporting third-quarter earnings in February. However, Morningstar believes the current share price is overvalued and could drop by 54% to $57. Morningstar's price target for Arm, which the firm calls a fair value estimate, is $57 per share. The consensus price target of 31 analysts covering Arm polled by FactSet points to a 14% downside. The research firm has raised its price target for Arm to $160, representing 28% upside from current levels.

Persons: Morningstar, Javier Correonero, FactSet, Vijay Rakesh Organizations: Nvidia, Apple, ARM, Mar, CNBC Pro, Mizuho Securities, Morningstar, Mizuho

☆ Google announces custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft
▼ + stars: | 2024-04-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Google is trying to make cloud computing more affordable with a custom-built Arm -based server chip. With the new Arm-based chip, Google is playing catch-up with rivals such as Amazon and Microsoft, which have been employing a similar strategy for years. Google has used Arm-based server computers for internal purposes to run YouTube advertising, the BigTable and Spanner databases and the BigQuery data analytics tool. Arm chips, which are popular in smartphones, offer a shorter set of instructions than x86 chips, which are commonly found in PCs. Axion offers 30% better performance than the fastest general-purpose Arm-based virtual machines in the cloud and 50% better performance than than comparable VMs based on x86, Google said.

Persons: Chirag, Gartner, Graviton, Alibaba, Thomas Kurian, Dekate, Christina Malbon Organizations: Google, Microsoft, Amazon, Gartner, Amazon Web Services, Chirag Dekate, CNBC, Oracle, Arm Holdings, AMD, Intel Locations: Las Vegas, Sprinklr

☆ I'm buying a house in 2024. Here's why I'm sticking with a traditional fixed-rate mortgage despite the trendier options promising to save me money.
▼ + stars: | 2024-03-31 | by ( Cork Gaines | ) www.businessinsider.com time to read: +8 min

Despite enticing alternatives, a fixed-rate mortgage remains the best option for us. With mortgage interest rates still close to 7%, alternative mortgages like adjustable-rate loans and mortgages with shorter maturities are gaining in popularity. AdvertisementThe beauty of the fixed-rate mortgage is that it offers certainty in an uncertain world. Any gain somebody might get with a lower interest rate might be offset by paying more for the house. So, we will be sticking with a fixed-rate mortgage and shopping around for the best rate.

Persons: —, Sarah Alvarez, Alvarez, Brandon Bell, Freddie Mac Organizations: Service, William, Mortgage, Business, ARM, Treasury, Street Journal, FG, National Association of Realtors Locations: Austin , Texas

☆ Ukraine says Russia in less than a week hit it with 700 glide bombs, weapons that can really only be beaten by killing the planes
▼ + stars: | 2024-03-29 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewRussia has been hitting Ukraine with glide bombs, with one official reporting that Moscow's forces dropped 700 of the devastating explosives in just under a week. Shooting down the fighter-bombers means putting precious air defenses closer to the front, where they'll be at greater risk. Ukrainian air defenses also don't have enough ammo. Glide bombs began showing up last year but have seen increasing use since the start of this year. Russia has a variety of glide bombs in its arsenal, including some weighing more than 6,000 pounds.

Persons: —, Foreign Affairs Dmytro Kuleba, Kuleba, ISW, Volodymyr Zelenskyy Organizations: Service, Business, Foreign Affairs, Glide, Washington DC, Aircraft, Patriots Locations: Russia, Ukraine, Ukrainian, Russian

☆ Oklahoma Was a Legal Marijuana Utopia. Then Came the Mass Murder
▼ + stars: | 2024-03-29 | by ( Matt Stroud | ) www.businessinsider.com time to read: +32 min

Fourteen months after the murders, the garage of the abandoned marijuana farm on prairie tableland northwest of Oklahoma City sits frozen and dark. Broadway Avenue in Kingfisher, Oklahoma, about 30 miles south of where Wu Chen, 47, executed four people at a marijuana farm. When Oklahoma legalized medical marijuana, the only real requirement was that Oklahoma residents had to be involved in marijuana growing and selling. But Oklahoma required 75% of any marijuana business to be owned by an Oklahoma resident. Deputies from the Kingfisher County Sheriff's Office were the first to arrive at the scene of a quadruple homicide at an abandoned marijuana farm.

Persons: Wu Chen, Mike Simons, Kevin Stitt, Sean Hannity's, Dan Newhouse, Liu, Chen, Yi Fei Lin, Mark Woodward, —, OBN, Adria Berry, BI Adria Berry, I'm, Barb Miuccio, Jeremy Grable, Jeremy, Barb, she's, Barbara Miuccio, Treez, Matt Stacy, Stacy, Stitt, Jeremy they'd, he'd, OMMA, didn't, Barb didn't, Barbara, Stacy —, she'd, Stacy hadn't, BI Jonathan Riedlinger, Riedlinger, Lin, Qirong Lin, Hechun Chen, Qiang Chen, Fang Lee —, Wenbo Lin, Wu Chen —, Wenbo Lin didn't, Reidlinger, Jed Green, Matthew Alan Stacy, Barb —, — he's, He'd, Woodward, Helen Carillo, He's, Kevin Pham, Pham, BI Pham, ProPublica, recriminations, Green, It's, they're, I'd, Ken Thompson, Thompson, Chen didn't, He'll, Jonathan Riedlinger, Kiki, I've Organizations: Oklahoma City, Broadway, BI, Marijuana, Oklahoma, Oklahoma Medical Marijuana Authority, Republican, Sean Hannity's Fox, Fox News, Chen Inc, Narcotics, BI Adria, Oklahoma's Army National Guard, OBN, Business, Oklahoma State Bureau of, Sheriff's, Prosecutors, CSI Accounting Services, Whitney Economics, NBC, Cannabis, Virginia Slim, Florida . Police Locations: Oklahoma, Kingfisher County , Oklahoma, Ames , Oklahoma, Kingfisher , Oklahoma, Pennsylvania, California, Arkansas, Republican Washington, China, Kingfisher County, Dallas, Moore , Oklahoma, Oklahoma City, Afghanistan, Iraq, Ukraine, He's, Moore, Kingfisher, Hennessey , Oklahoma, OMMA, Mexico, Edmond, Tulsa, Russia, Bulgaria, Armenia, Steakhouse, Virginia, Florida, Miami Beach, Miami

☆ Citi says buying chip stocks ahead of their AI presentations is a winning trade and this name is next
▼ + stars: | 2024-03-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

If recent history is any guide, snatching up shares of Marvell Technology (MRVL) ahead of its upcoming AI presentation could potentially pay off for investors, according to Citi. Given this setup, analyst Atif Malik opened a positive catalyst watch on the semiconductor stock ahead of its April 11 event, with its $91 price target implying 33% upside from Tuesday's close. MRVL YTD mountain Marvell shares in 2024 Nvidia, Broadcom and AMD "moved up into their respective AI days and the setup appears similar for MRVL after the recent pullback," he wrote. While Marvell shares have underperformed in recent weeks following a weak current-quarter guide, Malik noted that shares trade at an 18% valuation discount to many AI peers. The stock is down about 5% in march but up more than 13% on the year.

Persons: Atif Malik, Malik, Marvell Organizations: Marvell Technology, Citi, Marvell, Nvidia, Broadcom, AMD, Amazon Web, Fiber Communication Locations: California

☆ Ukraine is in a race to stop Russia's mounting glide-bomb attacks
▼ + stars: | 2024-03-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +11 min

Short flight times, small radar signatures, and non-ballistic trajectories make glide bombs particularly difficult to intercept as well. "When the Ukrainian air-defense bandwidth is all tied up, they then move in with the fixed-wing aircraft to conduct these glide-bomb attacks," he said. This includes the 1,100-pound FAB-500, 3,300-pound FAB-1500, and 6,600-pound FAB-3000 bombs — all of which can be modified and turned into glide bombs. "That makes the mission planning for attacks with standoff weapons that can hit fixed targets, like the glide bombs, quite practical," he explained. And it won't be entirely the fault of glide bombs — Kyiv needs all the tools its forces can get right now.

Persons: —, George Barros, Scott Peterson, they've, Alexander Ermochenko, Barros, Assad, Ivan Gavrylyuk, Justin Bronk, Su, ALEXANDER NEMENOV, Bronk, Volodymyr Zelenskyy, Alina Smutko, Ukraine doesn't Organizations: Service, Business, Institute for, REUTERS, Ukrainian, Ukrainian Armed Forces General Staff, Handout, Royal United Services Institute, Victory Day, Getty, Archer Artillery, Roman, Getty Images, Patriot, Infantry Brigade, Armed Forces Locations: Russia, Moscow, Ukraine, Russian, Petropavlivka, Avdiivka, Ukraine's Donetsk, Ukrainian, Kharkiv, AFP, Donetsk

☆ Here's how the project to develop one tractor might revolutionize the farming and automotive industries in the UK
▼ + stars: | 2024-03-26 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

A special cover is used on a farm's waste collection areas (known as slurry lagoons) to catch methane emissions that would otherwise escape into the air. CNH IndustrialThe potential of the methane tractor extends far beyond the farm. Industry leaders pulled together to work on the projectThe success of the methane tractor project is testament to the power of collaboration. Beyond the agricultural sector, the methane tractor project holds promise for transforming the entire automotive sector. By demonstrating the viability of alternative fuel technologies in heavy-duty vehicles, this initiative paves the way for a more sustainable future in transportation.

Persons: Andrew Damant, CNH, Derek Neilson, Eminox, David Phillips, Neilson Organizations: UK's Department for Business and Trade, Advanced Propulsion Centre, Eminox, Mobile, Automotive Transformation Fund, Advanced, Industry, Insider Studios, UK Department for Business, Trade Locations: Cornwall, Europe, CNH, New Holland

☆ I removed all tech, including my TV and phone, from my bedroom over 5 years ago. My sleep has never been better.
▼ + stars: | 2024-03-23 | by ( Steven Handel | ) www.businessinsider.com time to read: +5 min

Read previewWhen I had insomnia, I truly believed having the TV on in the background helped me sleep better. While the TV was initially seen as a sleep aid, it wasn't helping my insomnia overall. Something felt strangely off while I lay in bed those first few nights without my phone or the TV blaring. I experienced weird "phantom vibrations," where I felt my phone send a notification despite not having it on me. AdvertisementI certainly have no plans to bring screens or tech back into the bedroom anytime soon.

Persons: —, FOMO Organizations: Service, Business, Netflix Locations: wasn't

☆ Cramer's Lighting Round: Arm is a buy
▼ + stars: | 2024-03-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Raymond James Financial's year-to-date stock performance. Stock Chart Icon Stock chart icon Arm's year-to-date stock performance. Arm : "I like Arm very much [buy, buy, buy!]." Stock Chart Icon Stock chart icon Unity Software's year-to-date stock performance. Stock Chart Icon Stock chart icon Teva's year-to-date stock performance.

Persons: Raymond James Financial's, Raymond James Financial, it's, let's, Jim Whitehurst, Whitehurst, I've, Comstock, Electric's, I'm, Lilly, SoundHound, Jim Cramer's Organizations: JPMorgan, Unity Software, Comstock Resources, General, Novo, Novo Nordisk Locations: Teva

SEOUL, South Korea (AP) — Shohei Ohtani may be South Korea's most-beloved Japanese athlete, a testament to his charm in softening any lingering animosity between the two neighbors. “I think Ohtani would perhaps be the first Japanese athlete who we can say we like. After his arrival in South Korea, he told reporters that he’s always respected South Korea’s national teams and called South Korea “one of my favorite countries." In 2019, a forced-labor issue triggered widespread public campaigns in South Korea to boycott Japanese goods and services. But despite their often-rocky political relations, South Korea and Japan are closely linked to each other culturally and economically.

Persons: covets, ”, Lee Jong, “, Hwang Seon, he’s, Yoon Suk, Heung, ” Lee, ___ Organizations: Major League Baseball, San Diego Padres, Los Angeles Dodgers, Korean, Dodgers, Seoul’s Hanyang University, Ohtani’s South, South, Twitter, Tottenham Hotspur Locations: SEOUL, South Korea, Korean, Japan, Korea, South Koreans

☆ Ambition Got Me My Dream Job. Then It Nearly Killed Me.
▼ + stars: | 2024-03-14 | by ( Tanmoy Goswami | ) www.businessinsider.com time to read: +15 min

It's still not easy for me to admit it, but that night I used my pain to feed my professional ambition. In a previous job, burnout nearly killed me, and I vowed to never let ambition swallow me again. There's a fine line between the motivation needed to build a successful career and the uncontrolled ambition that ends in burnout. As I unpacked this predicament in therapy, I began to wonder: How did ambition become such a force in our world? In the ancient world, ambition was seen as a curse.

Persons: I'd, It's, I've, Cicero, Seneca, William Casey King, Virtue, shrewdly, King, don't, They're, wasn't, he'd, Coke, Ambition, —, I'm, Gabor Maté, Mark L, There's, unethically, India's Organizations: Oxford, New York Times, Guardian Locations: hustling, India, New Delhi

☆ Elon Musk might not get to keep his $55 billion Tesla package. But overall, CEOs shouldn't panic about their paydays.
▼ + stars: | 2024-03-07 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

A judge recently voided Elon Musk's $55 billion compensation package at Tesla. AdvertisementA Delaware judge recently ruled that Elon Musk should not get a $55 billion compensation package for his work at Tesla despite his contributions to the company. So now that Musk's compensation has to be renegotiated, will other executives kiss their massive bonuses, stock options, and paychecks, goodbye? The more Tesla was worth, the higher Musk's compensation would get. "I don't know whether individual CEOs are panicking or taking Elon Musk as a role model, thinking, 'Well, if he doesn't like Delaware, then I have to move out of Delaware,'" Lipton said.

Persons: —, Elon, Tesla, I'm, James, Kathaleen McCormick, Musk, Musk Ann Lipton, Lipton, Musk's, Kimbal, Elon Musk Organizations: Elon Musk's, Tesla, Service, University of California, Delaware Supreme, Tulane University, Business Locations: Delaware, Los Angeles

☆ The No. 1 habit all highly resilient people have, according to a career expert
▼ + stars: | 2024-03-05 | by ( Jason Shen | In Jasonshen | ) www.cnbc.com time to read: +5 min

1 habit I see in my most resilient clients is the ability to shift their stress response from "fight-or-flight" to "tend-and-befriend." But social scientists have uncovered a different and equally important stress response called " tend-and-befriend ," which focuses on caring for others and reaching out to strengthen social connections. This response was extremely helpful when threats were physical, but it is far less so when threats are cognitive or social. We all know about fight-or-flight — the stress response that can occur when we encounter a perceived threat, like a 15-minute calendar invite from your boss titled "Performance." Hug, cuddle, or self-sootheEngaging in positive touch through hugs and cuddles with loved ones or even furry friends can dramatically reduce the distress of a negative situation.

Persons: it's, I've, Jason Shen, Y Organizations: Social, Stanford University, CNBC Locations: arm's

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