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Southwest Airlines — The airline jumped 11% after it raised its third-quarter revenue forecast and authorized $2.5 billion in share buybacks. Starbucks — The coffee chain rose nearly 2% after Bernstein upgraded shares to outperform , citing confidence in the company's new CEO . CarMax — The used car retailer jumped nearly 6% after topping sales estimates for the fiscal second quarter. New York Community Bank — Shares of the regional lender jumped nearly 8% after Barclays upgraded the stock to overweight from equal weight. Accenture — The professional services stock rose nearly 5% on better-than-expected fiscal fourth quarter results.
Persons: Bernstein, Jabil, Goldman Sachs, Goldman, Morgan Stanley, Erik Woodring, , Jesse Pound, Yun Li, Alex Harring, Pia Singh, Hakyung Kim Organizations: Micron Technology, Applied Materials, ASML, Lam Research, Wall Street Journal, Justice Department, Southwest Airlines —, Elliott Investment Management, Starbucks, NRG Energy, GE Healthcare —, UBS, Jefferies, New York Community Bank, Barclays, Bilibili, Accenture Locations: China, Bilibili —
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Liang told Business Insider he expects 90% of AI computing workloads will be in inference in the not-too-distant future. AdvertisementThat's why several startups are charging aggressively into the inference market — emphasizing where they might outperform the goliath in the space. Speed is an important factor when multiple AI models talk to each other and waiting for an answer can dampen the magic of generative AI. The number of tokens per second that can be consumed (when a prompt goes in) and generated (when a response comes out) is a common metric for AI computing speed. AdvertisementCerebras's AI chip is roughly size of a dinner plate.
Persons: , Rodrigo Liang, Colleen Kress, workloads, Liang, Andrew Feldman, Bernstein, Colette Kress, Kress, Nvidia's, SambaNova, Anthropic's Claude, Nvidia isn't, Jensen, Dylan Patel, Patel Organizations: Service, Business, SambaNova Systems, Nvidia, ARM, AMD, o1, BI Locations: Artificialanalysis.ai, TCO
AquaFence technology can withstand storm surges up to 15 feet
  + stars: | 2024-09-26 | by ( ) edition.cnn.com   time to read: 1 min
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Is it okay for kids to drink non-alcoholic beer?
  + stars: | 2024-09-26 | by ( Janelle Gonzalez | ) edition.cnn.com   time to read: 1 min
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Read previewAlex Jones' conspiracy theory empire Infowars will be sold off for parts to pay off a fraction of his massive court judgments — but it likely won't be the end of the far-right commentator. In a court hearing on Tuesday, a Texas bankruptcy judge announced that he will approve the auctioning off of Infowars' parent company, Free Speech Systems, which Jones fully owns, according to The Associated Press. The auction is a result of Jones agreeing in June to liquidate his assets after both he and Free Speech Systems filed separately for bankruptcy in 2022. Advertisement"It's very cut and dry that the assets of Free Speech Systems, the website, the equipment, the shopping cart, all that, can be sold," Jones said. The bankruptcy trustee overseeing Jones' assets said in court this week that some potential buyers have already expressed interest in getting a piece of Free Speech Systems, NPR reported.
Persons: , Alex Jones, Jones, Sandy Hook, CNN —, he'd, it's, Infowars Organizations: Service, Free Speech Systems, Associated Press, Business, ThreeSixty, Speech Systems, CNN, NPR Locations: Texas, Sandy
Watch: Hurricane Helene’s strong winds drive storm surge
  + stars: | 2024-09-26 | by ( ) edition.cnn.com   time to read: 1 min
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The report also highlights the types of technological issues that are common within massive federal bureaucracies like the Secret Service. Communications were siloed, and the Secret Service "did not ensure it could share information with local law enforcement partners in real time," the report says. The Secret Service released its own internal report last week. Sen. Richard Blumenthal, D-Conn., who chairs the investigations subcommittee, said the Secret Service engaged in an “Abbott and Costello kind of 'Who’s on First?' He argued Tuesday that the Secret Service was "stonewalling" the congressional investigation.
Persons: WASHINGTON, Donald Trump, Trump, Butler, weren’t, , Sen, Richard Blumenthal, Conn, Abbott, Costello, Blumenthal, , Gary Peters, ” Peters, ” Sen, Ron Johnson, Johnson, Trump's Organizations: Republican, Senate Homeland Security Committee, Investigations, Service, Communications, Trump, Secret Service, Secret, Department of Homeland Security, Homeland Security, NBC News, Unmanned Aircraft Locations: Butler , Pennsylvania, Butler
Some fans of Justin Bieber are claiming the singer released a track referring to parties alleged to have been organized by Sean “Diddy” Combs after what appears to be a fake song resurfaced online last weekend. Bieber, 30, first met Combs as a teenager and developed a close friendship with him early in his career. The two collaborated on the 2023 song “Moments.”Their relationship is now being scrutinized by fans of Bieber online, who have used the song to express concerns over their dynamic. Bieber hasn’t publicly commented on the accusations against Combs, nor has he made any of his own allegations. Since then, multiple lawsuits have accused him of sexual harassment, sexual assault and sex trafficking.
Persons: Justin Bieber, Sean “ Diddy ” Combs, Combs, , It’s, hasn’t, Bieber didn’t, Bieber, Bieber hasn’t, Cassie, Organizations: NBC, New York City Locations: New York
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Video: Mark Cuban compares Trump to Bernie Sanders
  + stars: | 2024-09-25 | by ( ) edition.cnn.com   time to read: 1 min
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Hear from Lebanese civilians sheltering in Beirut
  + stars: | 2024-09-25 | by ( Henry Zeris | ) edition.cnn.com   time to read: 1 min
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