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☆ Amazon is using generative AI to drive more same-day shipping using smarter robots and better routes
▼ + stars: | 2024-09-17 | by ( Katie Tarasov | ) www.cnbc.com time to read: +5 min

Now, the retail giant is turning to generative AI to drive more same-day shipping. But not all the changes that generative AI may bring to the e-commerce giant are positive. Robots and new rolesThe number of Amazon warehouse robots grew from 350,000 in 2021 to more than 750,000 in 2023, according to the company. "They're using generative AI and computer vision to avoid obstacles and find the right place to stop," Armato said. Amazon's AI is three times better at identifying damaged products than humans are, the company said.

Persons: Steve Armato, Armato, Lisa Setyon, Tom Forte, Forte, it's, Katie Tarasov Organizations: Amazon, CNBC, Amazon's, Maxim, Senate Locations: California, Tracy, U.S, Tracy , California, Richmond , California

☆ Hedge funds are planning a 'budget boom' in 2025 for the datasets that cost them millions a year
▼ + stars: | 2024-09-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

Nearly all buyers (95%) — including hedge funds, venture capital managers, and consultants — surveyed by research firm Neudata expect their 2025 budget to grow or remain the same. "The mood among alternative data buyers and sellers is one of confidence," the report reads in a section about the expected "budget boom." AdvertisementAnd this boom might hurt hedge funds' wallets. Alternative datasets have become increasingly viewed as table stakes, shifting from "nice to have" to "need to have" internally. There's also a surge of interest in using alternative data backlogs to train AI models, giving long-running alternative data vendors another leg up in negotiations.

Persons: —, There's, Neudata Organizations: Service, Business, Jefferies

☆ Tech M&A has been thwarted by regulators, but dealmakers skeptical that election will change much
▼ + stars: | 2024-09-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +12 min

Amazon abandoned its $1.7 billion purchase of iRobot in January after the FTC and European regulators raised concerns. Since peaking at $1.5 trillion in 2021, tech transaction volume has plummeted, dropping to $544 billion last year, according to Dealogic. Before the company announced its $27 billion purchase of data analytics software company Splunk last September, he said he viewed the risk as absolutely worth taking. Alphabet's last big deal was its $5.4 billion purchase of cybersecurity company Mandiant in 2022. Microsoft closed its massive $75 billion purchase of Activision in October, but it took 20 months and a protracted fight with U.S. and European regulators.

Persons: Lina Khan, Jonathan Kanter, Khan, Joe Biden, Drew Angerer, Biden, Permira, Thoma, Sen, JD Vance, Donald Trump's, Barry Diller, Reid Hoffman, Kamala Harris, Andrew Luh, Gunderson Dettmer, Figma, Dana Rao, Rao, We've, they've, Juniper, Salesforce, Antonio Neri, Pau Barrena, Neri, Sergio Letelier, hasn't, Letelier, Marc Benioff, It's Benioff's, Slack, Benioff, Derek Idemoto, who's, Idemoto, that's, Splunk, HPE's Letelier, it's, Harris, Trump Organizations: U.S . Federal Trade Commission, Justice, Brookings Institution, U.S, Senate, Getty, Google, Amazon, Microsoft, Federal Trade Commission, iRobot, FTC, BlackRock, Thoma Bravo, KKR, Republican, CNBC, Democratic, Trump, Big Tech, Justice Department, DOJ, Apple, Meta, Adobe, European Commission, UK Competition, Markets Authority, Justice Department's Antitrust, Hewlett Packard Enterprise, Mobile World Congress, MWC, AFP, Juniper, Markets, DOJ's Antitrust, European Union, EU, Software, Cisco, Activision, Foreign Investment, Regulators, Bloomberg, Tech Locations: Washington, Europe, Barcelona, Pau, Salesforce, United States

☆ Shares of Broadcom should be higher given the chipmaker's AI growth outlook
▼ + stars: | 2024-09-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, we've, Stanley Black, Decker, Jim, Hock Tan, Stocks, Jim Cramer's Organizations: CNBC, TJX Companies, Depot, Microsoft, Management, Excel, Broadcom, Intel, Hewlett Packard Enterprise, Devices

☆ Siemens USA CEO explains how digital twins work to optimize manufacturing
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Tuesday interview with CNBC's Jim Cramer, Siemens USA CEO Barbara Humpton detailed how her company's digital twin program lets builders test models virtually before starting production. Based in Germany, Siemens develops hardware and software for several industries like electrical infrastructure and transportation, as well as digital twin technology for manufacturing facilities. Humpton said digital twins produce a "digital representation of any physical object" and incorporate the laws of physics. Humpton highlighted the company's "smart infrastructure" initiative, which she said is Siemens USA's largest and fastest-growing business. Smart infrastructure technology enables widespread electrification and data center creation, she said.

Persons: CNBC's Jim Cramer, Barbara Humpton, Humpton Organizations: Siemens USA, Siemens, NASA, Las Vegas Locations: Germany, Mars, U.S, New York, Los Angeles, North America, United States

☆ Timefold: Belgian Planning AI Startup Raises $6.7m in VC Funding
▼ + stars: | 2024-09-17 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Timefold, a Belgian startup, has raised $6.7 million to enhance its AI scheduling platform. Timefold uses AI to optimize planning for industries like transport and logistics. Lakestar, a VC fund, led the funding round as Timefold plans to expand its marketing efforts. AdvertisementTimefold, a Belgian startup that uses AI to help businesses create operational plans such as employee shift scheduling, has raised $6.7 million in funding. We are tackling complex planning problems by providing out-of-the-box planning models for IT teams to run, test, and configure easily."

Persons: —, Timefold's, Geoffrey De Smet Organizations: Service, Business Locations: Belgian, Ghent, Belgium

☆ The Apple Watch Series 10 offers mostly minor upgrades, but faster charging is a big plus
▼ + stars: | 2024-09-17 | by ( Todd Haselton | ) www.cnbc.com time to read: +3 min

Loren Elliott | ReutersThe new Apple Watch Series 10 hits stores on Friday. The Apple Watch Series 10, as its name implies, marks the tenth year of the Apple Watch. It's already available for the Apple Watch Series 9. The Apple Watch Ultra and Ultra 2 are compelling in part because they offer up to 36 hours of battery life. Apple is reportedly working on blood glucose monitoring or blood pressure monitoring for the Apple Watch.

Persons: Loren Elliott, I've, there's, Tim Cook, Apple, It's Organizations: Reuters, Apple, Apple Watch, Drug Locations: Cupertino , California

☆ Hezbollah decided months ago to switch from risky cellphones to pagers for security. The low-tech devices just blew up.
▼ + stars: | 2024-09-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewHezbollah militants decided to switch from risky cellphones to old-fashioned pagers only months before the devices suddenly blew up across Lebanon on Tuesday, earlier reporting shows. Wireless pagers used by Iran-backed Hezbollah members mysteriously detonated around Lebanon, killing at least eight people and injuring nearly 3,000 more, including scores of militants, per local estimates. Hezbollah and Lebanon have both blamed Israel for the carnage, which has not claimed responsibility. Lebanese security services told Reuters on Tuesday that the pagers were new models acquired by Hezbollah in recent months. AdvertisementDespite long-standing concerns of escalation, Israel and Hezbollah have managed to avoid a wider confrontation.

Persons: —, Israel, Washington, It's, Marwan Naamani, Benjamin Netanyahu's Organizations: Service, Wireless, Business, US State Department, American University, Getty Images, Reuters, Hezbollah Locations: Lebanon, Iran, Beirut, Ukraine, Lebanese, Israel

☆ Von der Leyen names European Commission's new top team
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: +2 min

European Commission President Ursula von der Leyen attends a press conference, on the day of a European Union leaders summit, in Brussels, Belgium March 22, 2024. EU Commission President Ursula von der Leyen on Tuesday named Spain's ecological transition minister Teresa Ribera as the bloc's next antitrust commissioner while Estonia's Kaja Kallas will be in charge of foreign policy. All commissioners will report to German conservative von der Leyen, who this summer was handed a second term as EU chief executive by member states after her political camp won the most votes in EU elections. A second Trump presidency could sharply alter Western unity on supporting Ukraine against Russia's invasion and up-end EU trade relations with the world's biggest economy. There was some drama on Monday on the next Commission's line-up, when France picked Foreign Minister Stephane Sejourne as its new candidate after the incumbent, Thierry Breton, abruptly quit with tough words for von der Leyen.

Persons: Ursula von der Leyen, Teresa Ribera, Estonia's Kaja, Andrius, Stephane Sejourne, Slovakia's Maros Sefcovic, Ribera, Denmark's, Margrethe Vestager, der Leyen, Trump, Thierry Breton, von der Leyen Organizations: European Union, EU, French, Big Tech, U.S, Ukraine Locations: Brussels, Belgium, China, France

International credit scores generally do not transfer to credit scores in the U.S. Nova Credit allows immigrants from some countries to apply for credit with an international credit score. FICO VantageScore Payment history (35%) Payment history (40%) Credit balance (30%) Length & type of credit (21%) Length of credit history (15%) Percent of credit used (20%) New credit (10%) Total debt/balances (11%) Mix of credit accounts (10%) Recent credit behavior and inquiries (5%) Available credit (3%)Varying reporting standardsOther countries have credit-scoring systems that differ from the United States. Check for applying without a U.S. credit history — While filling out a credit card application, check a box with "apply without having a U.S. credit history." Along with exploring credit scores, credit reports, and how to build credit, Jennifer analyzes how current economic trends impact everyday people and offers her expert advice on budgeting, saving, and growing wealth in today’s economy.

Persons: Misha Esipov, Dun, Bradstreet, Equifax, TransUnion, you've, Jennifer, Read Organizations: Nova Credit, Popular, Nova Credit's, Nova, American Express, Business, Yahoo, Finance, CBS, MSNBC, CNBC, Forbes, Black Enterprise, USA, The Johns Hopkins University Carey School of Business, Business Journalists Locations: U.S, United States, America, Experian, Nova, Canada, Japan, Australia, Brazil, Dominican Republic, India, Kenya, Mexico, Nigeria, Philippines, South Korea, Spain, Switzerland, TheGrio, New York City

☆ Sam Altman is leaving a key OpenAI board. His departure should satisfy some big critics.
▼ + stars: | 2024-09-17 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewOpenAI just announced the members of its revamped Safety and Security Committee, and CEO Sam Altman is not on the list. When the group was announced, Altman, Taylor, and five OpenAI technical and policy experts were named to the committee, alongside the independent board members. AdvertisementThe safety committee will "exercise oversight over model launches, including having the authority to delay a release until safety concerns are addressed," the blog post said. OpenAI's troublesLast month, the company battled to stop an AI safety bill in California, saying it would stifle progress and drive companies out of the state. Weeks before that, nine current and former OpenAI employees signed an open letter pointing out the risks of generative AI.

Persons: —, Sam Altman, Bret Taylor, OpenAI's, Altman, Taylor, Zico Kolter, Adam D'Angelo, Paul Nakasone, Nicole Seligman, William Saunders, Daniel Kokotajlo, Weeks Organizations: Service, Security Committee, Business, Carnegie Mellon University, US Army, Sony Corporation, o1, OpenAI, Securities and Exchange Commission Locations: California, NDAs

☆ Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
▼ + stars: | 2024-09-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft CEO Satya Nadella speaks during the company's Build developer conference in Seattle on May 21, 2024. Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power them. The group aims to assemble $30 billion of initial capital, with a future goal of bringing in up to $100 billion, including from debt financing. Microsoft said in July that fiscal fourth-quarter capital spending, including assets acquired under finance leases, totaled $19 billion. In January, BlackRock announced its intent to acquire GIP for $3 billion in cash and around 12 million shares of BlackRock common stock.

Persons: Satya Nadella, chatbot, MGX, Abu Dhabi's Mubadala Organizations: Microsoft, BlackRock, Artificial Intelligence Infrastructure Investment Partnership, Global Infrastructure Partners, United, Tech, Nvidia Locations: Seattle, United Arab Emirates, BlackRock

☆ An 'AI apocalypse' is coming to investing. How financial advisors can prepare
▼ + stars: | 2024-09-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

Artificial intelligence is expected to transform the way companies do business, including those in financial planning and investment management. That means financial advisors need to get onboard or risk being left behind. Of course, financial advisors have been using some technology, like financial planning software, for years. Still, AI will help financial advisors do their jobs better — not necessarily put them out of work. What to do Nexus Strategy's Welsh believes financial advisors should begin getting comfortable with current AI capabilities.

Persons: Craig Iskowitz, Anthropic's Claude, Vincent Gudsdorf, Leo Kelly, Verdence, Kelly, Timothy Welsh, Welsh, Iskowitz, That's, Verdence's Kelly, It's Organizations: Ezra Group, AIs

☆ Potential Tropical Cyclone 8 brings heavy rainfall to the Mid-Atlantic with millions under flood watch
▼ + stars: | 2024-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kathryn-Prociv.Jpg | Kathryn Prociv | ) www.nbcnews.com time to read: +3 min

An area of heavy rain and thunderstorms off the North Carolina and South Carolina coastlines Monday morning, designated Potential Tropical Cyclone 8 (or PTC 8 for short), is the next potential Atlantic system that may affect the continental United States. Meanwhile, Wilmington, North Carolina recorded a 60mph wind gust earlier on Monday morning. Minor storm surge of 1 to 3 feet is forecast from South Santee River, South Carolina to Oregon Inlet, North Carolina, and along the Neuse, Bay, Pamlico and Pungo Rivers in North Carolina. Six million people are under a Flood Watch from northeast South Carolina up through central North Carolina. For interior North Carolina 2 to 4 inches, with locally higher amounts up to 6 inches, could fall through Tuesday.

Persons: Hurricane Francine, Gordon Organizations: National Weather Service, Carolina, NOAA, North Carolina ., Flood Locations: North Carolina, South Carolina, United States, Charleston , South Carolina, Wilmington, Carolina Beach , North Carolina, Louisiana, Carolina Beach, Pan, , North Carolina, Wrightsville Beach , North Carolina, Wilmington , North Carolina, Charleston, Myrtle Beach, Carolina, Virginia , Maryland, Delaware , New Jersey, New York, South Santee River , South Carolina, Oregon, Pungo Rivers, Myrtle Beach , Wilmington , Cape Hatteras, Raleigh, Virginia

☆ Larry Ellison becomes world's second-richest man, dethroning Jeff Bezos as Oracle stock surges
▼ + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Oracle shares surged more than 6% on Monday, continuing their recently rally and propelling Chairman Larry Ellison to become the world's second-richest person, snatching the title from Amazon founder Jeff Bezos. Bezos, who had been the second-richest person on and off since 2016, is worth $202 billion. The stock surge caused Ellison to briefly pass Bezos as the world's second-richest person on Friday, before the Amazon founder reclaimed the title. Oracle said last week that it would partner with Amazon's cloud computing unit to enable its database services on dedicated hardware.

Persons: Larry Ellison, Jeff Bezos, Forbes, Elon Musk, Ellison, Bezos, Oracle, — CNBC's Jordan Novet, Ari Levy Organizations: Oracle Corp, Oracle, Amazon, Microsoft, Google Locations: San Francisco

☆ Jim Cramer says selling Apple on iPhone 16 demand fears is foolish
▼ + stars: | 2024-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Home Depot , our newest Club holding, stands out as the "single best" play for this rate cut environment, Jim Cramer said Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, Eaton, Ming Chi, Kuo, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Depot, Club, Home Depot, Citi, Apple, Apple Intelligence, Colgate, Palmolive, Coca, Simon Property Group

☆ Nearly 40 million people could die from antibiotic-resistant superbug infections by 2050, new study estimates
▼ + stars: | 2024-09-16 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +9 min

Antimicrobial resistance happens when pathogens like bacteria and fungi develop the ability to evade the medications used to kill them. A death attributable to antimicrobial resistance was directly caused by it, while a death associated with AMR may have another cause that was exacerbated by the antimicrobial resistance. For this combination – the antibiotic methicillin and the bacteria S. aureus – the number of attributable deaths nearly doubled from 57,200 in 1990 to 130,000 in 2021. The researchers estimated that, in 2050, the number of global deaths attributable to antimicrobial resistance could reach 1.9 million, and those associated with antimicrobial resistance could reach 8.2 million. Strathdee saw firsthand the effects that antimicrobial resistance can have on health when her husband nearly died from a superbug infection.

Persons: ”, Chris Murray, Murray, “, ” Murray, it’s, Samuel Kariuki, Kariuki, Steffanie Strathdee, Strathdee, who’s, It’s, Strathdee’s, Tom Patterson, Patterson, baumannii, ” Strathdee, Dr, Sanjay Gupta Organizations: CNN, World Health Organization, AMR, Institute for Health Metrics, University of Washington, Global, Kenya Medical Research Institute, University of California San Diego School of Medicine, Center, Therapeutics, UC San Diego, CNN Health Locations: South Asia, Latin America, Caribbean, Africa, Kenya, Egypt, Germany

☆ My family immigrated to the UK with nothing when I was 5. Now I run a fitness empire that made $70 million last year.
▼ + stars: | 2024-09-16 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +8 min

I was an immigrant child, and growing up in the UK in an Albanian family wasn't easy. It's ironic, given that I now run two fitness businesses and my main passion is getting women into strength training. I now run two fitness businesses that combined made over $70 million last year. What strength training does for your mind and body is profound; it's so empowering. It was good for SEO but contradicted our message and ethos, which is that strength training is about more than just how your body looks.

Persons: —, Krissy Cela, — I'd, Jack Bullimore, I've, David, Lukas Kurzmann, I'd, We've, Oner, I'm Organizations: Service, Business Locations: London, LA, Albania, Greece, PE

☆ Stocks making the biggest moves before the bell: Apple, Intel, Alcoa, Micron Technology and more
▼ + stars: | 2024-09-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Apple — The technology stock fell more than 2% following analyst reports that early shipping data may signal softer demand for iPhone 16 Pro models. Intel — The semiconductor stock rose 1.3% before on the bell. Micron Technology — The semiconductor stock slid 2.8% after Morgan Stanley cut its price target by a whopping $40 to $100. ASE Technology — The semiconductor packager added 1.7% on the heels of a Morgan Stanley upgrade to overweight from equal weight. Zillow — The real estate stock rose more than 2% after an upgrade to outperform from neutral from Wedbush.

Persons: Donald Trump, Bausch, Morgan Stanley, Morgan Stanley's, Wells, Ally, downgrades, Zillow, —, Jesse Pound, Sarah Min, Sean Conlon, Samantha Subin Organizations: Trump Media & Technology, Republican, Holdings, Apple, Financial Times, Alcoa, Intel, Bloomberg, Micron Technology, Technology, Colgate, Palmolive, Bank of America, Zillow Locations: California, Wells Fargo

☆ Why these Gulf states want to be AI superpowers
▼ + stars: | 2024-09-16 | by ( Nell Lewis | Rym Bendimerad | ) edition.cnn.com time to read: +5 min

“There’s huge investments going into (AI) in the Middle East,” said Stephen Anderson, Middle East strategy and markets leader at PwC, speaking to CNN at last week’s Global AI Summit (GAIN) in Riyadh, Saudi Arabia. Energy demand from AI, data centers and cryptocurrencies could double by 2026, according to the International Energy Agency. Gulf states are investing heavily in AI as they look to diversify their economies. Last year, the UAE unveiled a tool called Jais and Saudi Arabia has developed the Arabic chatbot ALLaM. Challenge of governanceOne of the major hurdles with the development of AI is public perception and governance: how should AI and data be regulated safely, securely, ethically and fairly?

Persons: “, ”, Stephen Anderson ,, Anderson, We’re, ” Anderson, Nick Studer, Oliver Wyman, Studer Organizations: CNN, United Arab Emirates, PwC, AI, Google, Energy, International Energy Agency, ”, Saudi, AI Authority, Oliver Wyman Group, International Telecommunication Union Locations: UAE, Stephen Anderson , Middle, Riyadh, Saudi Arabia, Qatar

☆ Saudi Arabia just stepped up plans to court the world's AI leaders to its desert kingdom
▼ + stars: | 2024-09-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

In recent months, Saudi Arabia has hosted a flurry of high-profile events, leaders, and dealmaking from the AI world. This year's showcase featured speakers from top AI companies in the West, such as Nvidia, Qualcomm, Google, Microsoft, and OpenAI rival Cohere. Saudi Aramco is working with AI startup Groq to build a new data center in Saudi Arabia. For Saudi Arabia, AI doesn't just present the chance to bet big on tech's latest hype train. Saudi Arabia generated a similar amount of hype around its AI ambitions in March when it held its LEAP conference.

Persons: —, Mohammed bin Salman, Cohere, Saudi Aramco —, Hamad, Mohammed Groq, Groq, Jonathan Ross, doesn't, Adam Selipsky, Arvind Krishna, Abdullah Alswaha, PIF, A16z, Marc Andreessen, Ben Horowitz Organizations: Service, Saudi Arabia's, Business, Global AI, Nvidia, Qualcomm, Google, Microsoft, BlackRock, Cisco, Public Investment Fund, Amazon Web, IBM, Saudi, New York Times, Silicon Locations: Saudi Arabia, Saudi Aramco, Bay

☆ Stocks making the biggest moves midday: Nuvalent, Alcoa, Sprouts Farmers Market, Apple and more
▼ + stars: | 2024-09-16 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Upstart Holdings – Shares of the personal finance firm fell 5% after the announcement of a new debt offering. Sprouts Farmers Market – Shares of the supermarket chain rose nearly 5% following an upgrade to outperform from in line at Evercore ISI. The investment firm wrote that Sprouts, which specializes in organic products, could be a beneficiary of a trend towards healthier eating. Apple – Shares slumped 3% following reports of sluggish demand for some of the company's latest iPhone models. Yelp – Shares dropped 4% after Bank of America initiated coverage of Yelp with an underperform rating.

Persons: Nuvalent, Bausch, Goldman Sachs, Morgan Stanley, Donald Trump, Ming, Chi Kuo, —, Alex Harring, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Jesse Pound Organizations: Financial Times, FT, Alcoa, Intel –, Bloomberg, Intel, Pentagon, Micron Technology, Evercore ISI, Trump Media & Technology, Apple –, TF Securities, Apple, JPMorgan, Bank of America Locations: California

☆ Here are Monday's biggest analyst calls: Tesla, Nvidia, Apple, Oracle, Carvana, Micron, Sprouts, Zillow, Coca-Cola & more
▼ + stars: | 2024-09-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: Evercore ISI reiterates Alphabet as outperform Evercore says it's sticking with shares of the search giant. Morgan Stanley reiterates Micron as equal weight Morgan Stanley lowered its price target on the stock to $100 per share from $140. Morgan Stanley reiterates Tesla overweight Morgan Stanley says it's sticking with its overweight rating heading into Tesla's robotaxi day on Oct. 10. Morgan Stanley upgrades Ase Technology to overweight from equal weight Morgan Stanley said in its upgrade of Ase that the chipmaker's stock is defensive. Morgan Stanley upgrades Chart Industries to overweight from equal weight Morgan Stanley says the gas liquefication company has "significant exposure to both energy transition and renewables as well as traditional energy."

Persons: Evercore, Morgan Stanley, Tesla, Simon, Eaton, Wells, Pro Max, Carvana Evercore, Jack Sinclair, Curtis Valentine, Merchant Scott Neal, BTIG, Truist, Melius Organizations: DOJ, Micron, Technology, Industries, Citi, downgrades Colgate, Palmolive, CL, Barclays, GE, GE Vernova, JPMorgan, Apple, Pro, Ally, Mizuho, Oracle, " Bank of America, Nvidia, Bank of America Locations: Tesla's, Staples

☆ Sandbox AQ on new AI large-quantitative models, or LQM
▼ + stars: | 2024-09-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSandbox AQ on new AI large-quantitative models, or LQMJack Hidary, Sandbox AQ CEO, and Jim Breyer, Breyer Capital founder, joins 'Money Movers' to discuss how Sandbox AQ is using its technology to cure the Alzheimer's disease, why Breyer is so excited about LQMs, and much more.

Persons: Jack Hidary, Jim Breyer, Breyer Organizations: AQ, Breyer Capital

☆ Covering aircraft with tires the way Russia has can confuse weapons looking for the plane, US military official says
▼ + stars: | 2024-09-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewCovering aircraft with tires, as Russia has done during the Ukraine war, can confuse weapons that are looking for the plane, a US military official said recently. Multiple Russian military aircraft, including fighter jets and bombers, were spotted last year with tires placed on top of them. While some observers suggested they might be meant to confuse image-matching weapons, others said they might be intended as shields. Russia has turned to several different deceptive practices during the war beyond placing tires on its aircraft. And Russia and Ukraine have both relied on decoy military equipment, such as inflatable tanks, wooden rocket launchers, and fake radar reflectors, among other weapons.

Persons: —, Schuyler Moore, " Moore, Brace, Moore's, Moore Organizations: Service, Business, US Central Command, Center for Strategic, International Studies, Russia, Kyiv, Russian Air Force, CSIS Locations: Russia, Ukraine, Russian, Moscow

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