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Artificial intelligence has the potential to power a health and wellness revolution, but there are some points that need to be ironed out first. "We could literally cure breast cancer with AI," Barrett said, referring to an algorithm that can predict a woman's five-year risk of breast cancer. "A radiologist looked at it and said, 'She doesn't have breast cancer. AI said, 'I think she's going to have breast cancer in the next two to three years.' That is a game changer because breast cancer is curable if you catch it in stage one."
Persons: Chris Tung, Brittany Barrett, Arjun Kharpal, Barrett, Tung Organizations: East Tech, Viva Technology, Alibaba Group, CNBC's Locations: Paris, China, Hangzhou province
Hunter Biden’s guilty verdict on three federal gun charges Tuesday punctuated — but did not end — what has been a long and difficult saga. Instead, the president offered his family a warm smile, hugged Hunter Biden’s young son, Beau, and gave him a kiss on the forehead. Never before has a president’s immediate family member been found guilty of a crime during their father’s term in office. Instead of pushing him away, as some wary Democrats might prefer, the president has held Hunter Biden close throughout his ordeal. Farther out of town is the home on a lake the Biden family has returned to in moments of joy and times of pain.
Persons: Hunter Biden, , Joe Biden —, , Hunter Biden’s, Joe Biden, Beau, Biden, it’s, , Naomi, Hallie Biden, Beau Biden, Hunter Biden —, “ Jill, Donald Trump, Hunter, , Trump, Trump . Biden, Jill Biden, Ashley, James, Bonny Jacobs, CNN’s MJ Lee, Betsy Klein Organizations: CNN, Navy Reserve, White, ABC, Biden, Trump ., Trump, Republican Locations: California, Delaware, Washington, Italy, Wilmington, France, Rehoboth
CNN —A federal jury has convicted Hunter Biden on all three federal felony gun charges he faced, concluding that he violated laws meant to prevent drug addicts from owning firearms. Leaving the courthouse after the verdict, Hunter Biden shuffled his family members into an elevator as he held hands with his wife. The weeklong gun trial featured intensely personal and gut-wrenching testimony about Hunter Biden’s well-known struggles with alcoholism and crack cocaine addiction. Hunter Biden’s defense team argued, unsuccessfully, that he didn’t view himself as a user or addict when he bought and possessed the gun. Defense attorney Abbe Lowell had implored the jury to acquit Hunter Biden on those grounds.
Persons: Hunter Biden, Joe Biden’s, David Weiss, Melissa, ” Hunter Biden, God, Biden, , , “ Jill, Hunter, Jill, Jill Biden, Kevin Morris, Valerie Biden, Biden’s, Donald Trump, Hunter Biden’s, Trump, Joe Biden, Weiss, Weiss ’, Maryellen Noreika, ” Prosecutors, Hallie Biden, Beau Biden –, Abbe Lowell, acquit Hunter Biden, CNN’s Hannah Rabinowitz, Paula Reid, Kit Maher Organizations: CNN, Department, Trump, Locations: Delaware, , New York, China
The S&P 500 and Nasdaq notched new highs Tuesday as investors geared up for the Fed's policy decision. Shares of Apple soared as much as 7% as Wall Street cheered its WWDC event. AdvertisementUS stocks were mostly higher Tuesday, with the S&P 500 and Nasdaq hitting all-time highs as traders looked ahead to the Federal Reserve's latest policy decision. If so, that will be below the recent highs of 3.7% from September and October, but still well above the 3% recorded last July, and way above the Fed's own 2% target. The firm's unveiled developments were met with fanfare on Wall Street, and the stock jumped as much as 7%.
Persons: , Jerome Powell, David Morrison, Apple Organizations: Nasdaq, Apple, Service, Federal
But Democratic Sen. Ben Cardin of Maryland, who chairs the Foreign Relations Committee, criticized the House measure as a “divisive partisan bill” and said he is trying to reach a deal with Republicans to move bipartisan sanctions legislation. “Defending Israel from this flawed and biased prosecution deserves the same united support we share for the entire US-Israel relationship,” he said. “Political maneuvering by Republicans have made a bipartisan bill more difficult, but I have continued talks with those Republicans who are genuinely interested in a bipartisan path forward.”Cardin met with Senate Majority Leader Chuck Schumer on Tuesday afternoon. “If we’re going to get to the finish line, we’re going to need a bipartisan bill,” he said. We work well together.”Risch posted of X that he looks forward to the ICC legislation being on the agenda of the committee’s next meeting.
Persons: Republican Sen, Jim Risch’s, Suzanne Wrasse, Risch, Democratic Sen, Ben Cardin, , Israel, ” Cardin, Chuck Schumer, Cardin, Joe Biden, “ Sen, I’ve, ” Risch Organizations: CNN, Republican, Senate Foreign Relations, International Criminal Court, Hamas, Punchbowl News, ICC, Senate, Republicans, Democratic, Foreign Relations, Locations: Israel, Idaho, Ben Cardin of Maryland
Apple stock soared 7% to a record high as investors cheered developments unveiled at its WWDC event. Apple gained as much as $198 billion in market value on Tuesday. The iPhone maker is now just $29 billion in market value away from eclipsing Microsoft as the world's largest company. The stock initially sold off, with Apple shares falling 2% on Monday following the WWDC event. Tuesday's gain for Apple has re-cemented the iPhone maker as the second largest company in the world, reclaiming the spot from Nvidia.
Persons: , Goldman Sachs, Siri, We're Organizations: Apple, Microsoft, Service, Wall, Citi, JPMorgan, Nvidia
The US can counter de-dollarization efforts, a think tank expert says. Currency experts have sounded the alarm on what it could mean for the dollar hegemony in global trade and finance. To that end, the US should look to prevent counter-coalitions from forming, and do so by seeking out healthy foreign policy and positive trade partnerships, she said. To prevent the trend from accelerating further, the US should also actively pursue dollar stability through tech-based financial solutions, such as developments in digital payments. The same argument was posed by two other think tank experts on Monday, who warned that internal US dysfunction was the real threat to the dollar.
Persons: , Carla Norrlöf, Norrlöf, it's, dollarization Organizations: Service, greenback, Project Syndicate, Atlantic Council Locations: Russia, China, Washington
I'm a security expert and a vice president of engineering at a content management system company, which has Netflix, Tesla, and Adidas among its clients. Here are four things I would keep in mind when interacting with AI chatbots like OpenAI's ChatGPT, Google's Gemini, Anthropic's Claude, or Perplexity AI. Follow company AI guidelinesAs using AI in the workplace becomes common for tasks like coding or analysis, it is crucial to follow your company's AI policy. As AI chatbots become more humanlike, we are swayed to share more and open up to topics we would not have before. Do you work in tech or cybersecurity and have a story to share about your experience using AI?
Persons: , Sebastian Gierlinger, Google's, Anthropic's Claude, ChatGPT, OpenAI, chatbots Organizations: Service, Netflix, Tesla, Adidas, Business, Facebook Locations: Storyblok, Austria
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThailand's political uncertainty is affecting investor sentiment, analyst saysKasem Prunratanamala, head of Thailand research at CGS International (Thailand), discusses the outlook for the Thai market in light of political developments, such as the indictment that Former Thai Prime Minister Thaksin Shinawatra faces.
Persons: Kasem Prunratanamala, Thaksin Shinawatra Organizations: CGS International, Thai Locations: Thailand
Eli Lilly became the most valuable health-care company in the world on the back of its blockbuster diabetes and obesity drugs. The billions of dollars in Eli Lilly is investing in manufacturing capacity support the idea that the long-term opportunity is immense. Adding Eli Lilly to the market could help address some of the obstacles that limited Leqembi's sales early on. Eli Lilly, which has spent billions in search of a successful Alzheimer's treatment , had hoped for donanemab to be approved by now. A sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana.
Persons: Eli Lilly, donanemab, Eli Lilly's, Donanemab, Leqembi —, Biogen, , Jim Cramer's, Ken Langone, Morgan Stanley, Cantor Fitzgerald, Leqembi, Jim Cramer, Jim, Scott Olson Organizations: Food and Drug Administration, FactSet, Novo Nordisk, FDA, GE Healthcare, CNBC, Company, Getty Locations: GLP, Indianapolis , Indiana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst: If Hamas gave up hostages after Oct. 7 and vacated Gaza, mayhem could've been avoidedAriel Cohen, nonresident senior fellow at the Atlantic Council, discusses the latest developments in the Israel-Hamas war.
Persons: could've, Ariel Cohen, nonresident Organizations: Atlantic Council Locations: Gaza, Israel
This action may have shocked some old-line conservatives who still thought of Heritage as a serious institution, but Heritage is, after all, just a think tank. It’s not as if upside-down flags were being flown by people we expect to defend our constitutional order, like Supreme Court justices. Why would billionaires support Trump? Stock prices — which Trump predicted would crash if he lost in 2020 — have soared. High interest rates, which are a burden on many Americans, are if anything a net positive for wealthy people with money to invest.
Persons: Donald Trump, , MAGA, Robert F, Kennedy Jr, Biden, Trump Organizations: Heritage Foundation, Trump, Heritage Locations: Silicon Valley
UBS says this high-risk space stock could rally 50%
  + stars: | 2024-06-10 | by ( Pia Singh | ) www.cnbc.com   time to read: +2 min
Texas-based satellite manufacturer AST SpaceMobile is a risky — but worthwhile — investment, according to UBS. Analyst Christopher Schoell increased his price target for the stock by $6 to $13, implying a whopping 50.8% potential upside as of Friday's close. The shares have climbed nearly 44% so far this year, and skyrocketed about 284% over the past month. "We still see ASTS as a high-risk, high-reward investment that is subject to various risks," Schoell said in a Monday note. Still, the stock has several risks that could create uncertainties for the company's path ahead, such as launch timing and the possibility of failures, regulatory issues, funding and competition.
Persons: Christopher Schoell, Schoell Organizations: UBS, AST, Verizon, Federal Communications, Vodafone, Google Locations: Texas
“But matters affecting the integrity of the game have a chilling effect across the board and governing bodies know this is their Achilles heel,” he warned. Fast forward to 2024 and the gambling industry is engrained in US sports culture with leagues, franchises, players and networks now partnering with betting organizations. “We need legislation to do things like prevent sports betting advertising, and to prevent prop betting. However, it can be often in leagues’ financial interest for betting to increase in popularity. “The sports leagues have turned to sports betting because it increases fan avidity.
Persons: Ippei Mizuhara, Shohei Ohtani, Tucupita Marcano, Jontay Porter, ” David Carter, , Paul Sancya, – it’s, Andrew Zimbalist, Zimbalist, ’ ”, , William Hill, Mike Segar, Porter, Long Phi Pham, Pham, Breon Peace, Victor Matheson, Matheson, Adam Silver, Robert D, Manfred , Jr, Wayne Gretzky, Bruce Bennett, ’ Zimbalist, LeBron James, Patrick Mahomes, Connor McDavid’s, ” Matheson, ” Carter, ” Zimbalist, CNN’s Thomas Schlachter Organizations: CNN, Los Angeles Dodgers, Major League Baseball, San Diego Padres, National Basketball Association, Toronto Raptors, NBA, USC Marshall School of Business, MGM Grand Detroit, DC, Super, American Gaming, Smith College, Monmouth, Reuters, Authorities, Supreme, College of, NFL, MLB, New York Rangers, Carolina Hurricanes, Madison, Garden, , NCAA, National Council Locations: Brooklyn, Michigan, Detroit, Washington, Oceanport , New Jersey, U.S, Porter , Brooklyn, New York City
Estee Lauder chairman Leonard Lauder created the lipstick index during the economic downturn following September 11, 2001. In fall 2001, US lipstick sales increased by 11%. “The lipstick index has been substituted with the moisturizing index,” said Freda. But data shows that more expensive prestige beauty sales are outpacing mass, lower-priced beauty sales. What do you see dominating the beauty market in the second half of the year?
Persons: Estee Lauder, Leonard Lauder, Fabrizio Freda, , Freda, , Sephora, Bell, Neela Montgomery, Laura Mercier, We’ve, it’s, Skincare, It’s, we’re, Inflection’s, OpenAI, Sarah Myers West, ” West, Brian Fung, Jerome Powell, Price Organizations: CNN Business, Bell, New York CNN, CNN, Federal Trade Commission, Microsoft, FTC, Justice Department, Google, Nvidia, DOJ, US Department of Treasury, OPEC Monthly, Federal Reserve, US Bureau of Labor Statistics, Signet Jewelers, Federal Locations: New York, Asia
Read previewTwo cargo ships traveling off Yemen's southern port city of Aden caught fire after being hit by projectiles suspected to have been fired by Houthi rebels, UK maritime agencies reported. Suspicion for the attack fell on Yemen's Houthi rebels, who have not claimed responsibility for the latest attack but have been targeting shipping in the area for several months with missiles and drones. AdvertisementThe British security firm Ambrey later said a cargo vessel from Antigua and Barbuda had been hit by a missile 83 nautical miles southeast of Aden. "The master reports that the vessel was hit by an unknown projectile on the aft section, which resulted in a fire. On Monday, the Houthi rebels said they had fired a new solid-fuel missile called the "Palestine" at the southern Israeli city of Eilat on Monday.
Persons: , Houthi, Sundayit, Yemen's, Ambrey, UKMTO, we're, Stéphane Dujarric Organizations: Service, United Kingdom Maritime Trade Operations, UK's Royal Navy, Business, Reuters, Command, Reuters Houthis, Shipping, US Navy, UN, Unicef, Food, Unesco, Bloomberg Locations: Aden, UKMTO, Antigua, Barbuda, Yemen, Israel, Gaza, Africa, Palestine, Eilat, Monday, New York
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In this week’s roundup of travel news, we bring you the world’s best restaurants for 2024, Disneyland’s epic expansion plans and the little museum in rural England that’s become a YouTube hit. World’s best restaurants1. This famed Barcelona eatery was one of five restaurants in Spain to make this year's World's 50 Best Restaurants list. Dubai has more “best” restaurants than any other destination in the Middle East, according to the 50 Best group.
Persons: England that’s, He’s, that’s, AirlineRatings.com, Disney World’s, Peter Pan, Francesc Guillamet Ferran, Asador, Bruno Verjus, Philippe Vaures Santamaria, Dabiz Muñoz, Diverxo, Diverxo Maido, Maido, Atomix, Evan Sung, Søren Gammelmark, Gaggan Anand, Don Julio, Pablo Domina World's Organizations: CNN, Canada House, American Airlines, Disney, Aberdeen Angus, Multicultural, CNN Travel, Finland Locations: England, New York, Paris, Normandy, Canada, Philippines, Bataan, Florida, Texas, Gulf, Asia, Pacific, Southern California, Japan, Tokyo, Disfrutar, Barcelona, Spain, Basque, Madrid, Spanish, Lima, Peru, New York City, Koreatown, Manhattan, Quintonil, Mexico, Copenhagen, Denmark, Bangkok, Thailand, Kolkata, Buenos Aires, Argentina, Hereford, Dubai, British, Soviet Union
Paris CNN —President Joe Biden heralded the close ties between the United States and France on Saturday, calling his current visit “the most remarkable trip” that he’s made to the country as French President Emmanuel Macron hosted his US counterpart for an official state visit in Paris. “When we stand as one, our countries are stronger and literally, the world is safer,” Biden said during a state dinner later Saturday. Macron is returning the favor to Biden, who hosted the French president for a state visit at the White House in December 2022, the administration’s first. France, Biden said, “was our first friend. “One of the things the president respects and admires about President Macron is he’s as honest and forthright as President Joe Biden is.
Persons: Joe Biden, he’s, Emmanuel Macron, ” Biden, Macron, Brigitte Macron, Biden, Jill Biden, Banner ”, , Grace, , Macrons, Evan Vucci, Donald Trump, ’ ” Biden, , Volodymyr Zelensky, Vladimir, Putin, Ukraine – it’s, Benjamin Netanyahu, Yahya Sinwar, John Kirby, Kirby, ” Kirby, CNN’s Kayla Tausche, Xiaofei Xu Organizations: Paris CNN, Macron, Champs, AP, French, White House, US, Independence, Ukraine –, Western, Ministry, Israeli, Saturday, Australia, , National Security Locations: United States, France, Paris, , Élysée, Ukraine, Israel, Triomphe, We’re, America, New York City, Europe, Gaza, , Washington
Stocks like Nvidia and Apple have more room to run this summer, according to Wall Street analysts. They include: Broadcom , Uber, Apple, Datadog and Nvidia. Reitzes called Broadcom a "must-own" AI stock even as competition remains fierce from companies like Nvidia. We see Nvidia as one of the most attractive secular growth stories in large-cap semis." ... .Broadcom is one of the must-own AI stocks due to its leadership as a fabless semiconductor provider across many categories.
Persons: Ben Reitzes, Reitzes, Hock Tan, Tan, Koji Ikeda, Datadog, Ikeda, Oppenheimer, Jason Helfstein, Helfstein, Wells Fargo, Goldman Sachs, DDOG, Uber Organizations: Nvidia, Apple, Wall Street, Nasdaq, CNBC, Broadcom, Uber, Broadcom Melius, VMware, Bank of America, Melius Research, Retail Locations: AVGO
Emerging markets investors have had a bumpy week after surprising election results seem to have caught at least some traders off guard. Between now and Nov. 5 are almost all negative potential risks in Mexico," Joshi added. Elsewhere in the world There are other lingering political issues that could affect emerging market investing. And for investors in broad emerging markets funds, even positive developments in some of these countries can be overshadowed by what happens in China. "It's a very large weight so it's going to drive the emerging market index quite a bit.
Persons: Narendra Modi, Modi, Aastha Gudwani, Angus Shillington, Shillington, Adam Turnquist, We've, Turnquist, Claudia Sheinbaum, Andres Manual Lopez, Morgan Stanley's Nikolaj Lippmann, Arif Joshi, Joshi, Sheinbaum, Lopez, Claudia, Polina Kurdyavko, Javier Milei, Alejandra Grindal, Ned Davis, Grindal, — CNBC's Michael Bloom Organizations: Indian, Bank of America India, CNBC, LPL, Lazard Asset, RBC Global Asset Management, Ned, Ned Davis Research, Federal Reserve Locations: India, Mexico, South Asia, VanEck, U.S, Morena, South Africa, Argentina, China
Microsoft’s AI deal under federal investigation
  + stars: | 2024-06-06 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Any investigations would focus on whether the companies have used their dominant positions in the AI industry to harm competition. Microsoft, Inflection and Google didn’t immediately respond to a request for comment; Nvidia and OpenAI declined to comment. For years, technology critics and regulators have worried that major tech companies may be monopolizing entire sectors of the economy. One way for tech giants to wield anticompetitive influence in the AI sector, critics say, is through exclusive partnerships with AI startups. Those types of deals, including Microsoft’s relationship with OpenAI, is the subject of an ongoing study by the FTC announced in January.
Persons: OpenAI, Inflection’s, Google didn’t Organizations: Washington CNN, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, CNN, of Justice, , European Union, Apple, Meta Locations: United States
European chip stock ASML "is almost in a quasi-monopoly position" to drive developments in artificial intelligence over the next decade, according to fund manager Marcus Morris-Eyton. Its customers include TSMC , which makes the AI chips designed by Nvidia , AMD and Intel , as well as Samsung and SK Hynix . Shares fell by 7% on the day as the company provided what analysts labeled "soft" guidance for the current quarter. Earlier this week, the company opened a test laboratory for its next-generation lithography equipment with Belgium chip research firm Imec. "Ultimately, if you need AI, if you need [electric vehicles], if you need data centers, you need more chips," Morris-Eyton added.
Persons: Marcus Morris, that's, ASML, It's, Francois, Xavier Bouvignies, Tammy Qiu, Didier Scemama, Marie Ganneval, Eyton, Morris Organizations: Nvidia, AMD, Intel, Samsung, SK Hynix, U.S, Infineon, BE Semiconductor, Wall Street, UBS, of America, AllianceBernstein's, ASML, CNBC Locations: United States, TSMC, Belgium, Veldhoven, Netherlands, ASML
Read previewA US supersonic bomber joined South Korea's Air Force for a live-fire training exercise, conducting runs with 500-pound bombs. The bomber, along with the South Korean military aircraft, "successfully released live GBU-38, 500-pound joint direct attack munitions, simultaneously striking multiple simulated targets." U.S. Air Force B-1B Lancer from the 37th Expeditionary Bomb Squadron receives a bird bath at Andersen Air Force Base, Guam, June 3, 2024, in support of a Bomber Task Force mission. At that time, North Korean weapons testing and provocations prompted US and South Korean forces to regularly fly in the area, conducting training exercises to deter North Korea. A year earlier, North Korea twice tested a nuclear weapon, and then it did so again in 2017.
Persons: , 17uKEhOJTG, H8KoOFOKks, Guy Plopsky, Christian Hoover, Audree Campbell, Donald Trump, PACOM, 1Bs Organizations: Service, South Korea's Air Force, Business, US Air Force, 37th Expeditionary Bomb, Anderson Air Force Base, South, South Korean, ROK, US Marine Corps, KC, 7th Air Force, . Air Force, 37th Expeditionary Bomb Squadron, Andersen Air Force Base, Bomber Task Force, North, US Pacific Command, US, Korean, Lancer Locations: Guam, Republic of Korea, South Korea, North Korea, South Korean, Korean, Japan, South
Gerstbacher, a 50-year-old based in San Francisco, was "really unhappy" at work, he told Business Insider via email. First, he's an "older dad," and he wanted to maximize the time he could spend with his three-year-old son. "I felt that I should take the quality time now since I'll be 70 when my son graduates from high school," he said. However, the decline in working men is also due to some positive developments, like the growth of women in the workforce. AdvertisementEven though he's in the process of returning to the workforce, Gerstbacher said he's continued to prioritize spending time with his son.
Persons: , Francisco Gen Xer, Randy Gerstbacher, Gerstbacher, He's, they've, hasn't, he'd, he's Organizations: Service, Business, CDC, Bureau of Labor Statistics Locations: San Francisco
The two aviation powerhouses recently joined forces to reimagine the future of airplane TV and movie-viewing, via a swanky concept called MAYA. MAYA, which stands for “Most Advanced Yet Achievable,” is an ergonomic business class seat that comes equipped with an Astrova Curve 45-inch ultra-wide, ultra-high-definition OLED display. Collins Aerospace/Panasonic AvionicsThe screen syncs up with passengers’ personal devices, offering an impressive headphone-less audio system. Collins Aerospace/Panasonic AvionicsNot only is MAYA’s curved screen three times larger than classic business class seat options, Panasonic also envisages the seat offering an Ultra-Widescreen CinemaScope (21:9) display – a screen format more commonly found in cinemas. With that in mind, Masson calls the screen the “cinematic centerpiece” of MAYA’s design, but stresses the screen’s not only designed for movies.
Persons: you’ve, Andrew Masson, ” Collins, Masson, , Organizations: CNN, Collins Aerospace, Panasonic, Panasonic Avionics, Aircraft Interiors, AIX, CNN Travel Locations: Hamburg, Germany
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