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Endeavor, the sports and entertainment company led by the Hollywood super agent Ari Emanuel, said on Tuesday that it planned to go private with the help of Silver Lake, the investment firm that has been its longtime financial backer. Under the terms of the deal, Silver Lake will buy the shares in Endeavor that it doesn’t already own for $27.50 a share in cash. That price is 55 percent above where Endeavor’s shares were trading on Oct. 25, the day before the company said it was weighing deal options. The deal values Endeavor, including its debt, at $13 billion. The long-awaited transaction is meant to usher in a new era for Endeavor, whose ambitious growth story failed to gain traction on Wall Street.
Persons: Ari Emanuel, Silver, Emanuel, Patrick Whitesell, Dwayne Johnson, Ben Affleck — Organizations: Endeavor, Hollywood Locations: Silver
Drone swarms use cutting-edge technology derived from studying bird flocks and fish shoals to coordinate their movements across a potentially vast area. Advertisement"Autonomous, armed drone swarms should have restrictions on their use, especially drone swarms targeting humans. Ochmanek stressed that targeting decisions for drone swarms should still be made by humans, with AI only synthesizing the data. AdvertisementCountering the swarmsAs well as developing plans to deploy drone swarms, defense companies are working on a playbook for countering them. Another possibility, said Ochmanek, is that drone swarms could be programmed to target other drone swarms.
Persons: , Zak Kallenborn, David Ochmanek, Ochmanek Organizations: Service, RAND Corporation, Business, Center for Strategic, International Studies, Iraq, United Nations Locations: China, US, Israel, Europe, Ukraine
Read previewWhen the automotive industry started looking toward an electrified future, Detroit automakers decided to throw their hat in the ring with what they do best: Pickup trucks. Electric pickup truck pioneer Rivian has also warned of slowing growth, and Elon Musk's Tesla already appears to be offering some purchase incentives for the Cybertruck. Only four EVs sell in that range at the moment, according to Edmunds, and none of them are sold by Detroit automakers. On average, EVs sold for around $61,700 last year, $14,250 more expensive than the typical price paid for non-electric vehicles, Edmunds said. AdvertisementGM is taking another approach, pulling back on EV production as the company plans to bring more hybrids (a segment that has seen demand increase while EV demand wanes) to the North American market later this year.
Persons: , Ford, Rivian, Elon Musk's Tesla, Edmunds, Jessica Caldwell, EVs, BCG, Jim Farley Organizations: Service, Detroit, Ford, Business, GMC, EV, Associated Press, Edmunds, Detroit automakers, Leaf, Fiat 500e, Hyundai Kona Electric, Boston Consulting Group, Bloomberg, North Locations: Detroit, Edmunds
Radia, a Colorado-based startup, wants to build the world's largest cargo plane. Billed the WindRunner, the plane's sole purpose is to carry oversized wind turbine blades. Its sole purpose: to deliver giant wind turbine blades. A rendering visualizes one of the obstacles of transporting a large wind turbine blade by ground. WindRunner joins the lucrative oversized cargo marketRadia joins the niche network of aerospace companies manufacturing giant planes to carry over-sized cargo, like heavy machinery, military tanks, helicopters, and satellites.
Persons: , Mark Lundstrom —, Radia Radia, Antonov, GLEB GARANICH, Radia, Mark Lundstrom, WindRunner, Ruslan, Jens Schlueter, Robert Sorbo Organizations: Service, MIT, Office of Energy, Renewable Energy, Boeing, Business, Russian, Getty, Aircraft, Airbus, Airbus Beluga Transport Locations: Colorado, Russia, Soviet, Radia, Ukrainian
Read previewUsher's comments on attending Sean "Diddy" Combs' "Puffy Flavor Camp" as a teen resurfaced after the federal agents raided Combs' homes this week. AdvertisementUsher's 2016 interview on "The Howard Stern Show" saw him speak about living with Combs for a year in the '90s. I just didn't understand it. Why was Usher sent to live with Combs? Usher told Stern he wasn't upset when Combs didn't want to produce his second album and understood it was a business decision.
Persons: , Sean, Diddy, Combs, Howard Stern, Usher, Robin Quivers, Antonio, L.A, Reid, Rolling Stone, Stern, Lil, Kim, Mary J, Blige, Kevin Mazur, The Recording Academy Combs, He's Organizations: Service, Department of Homeland Security, Business, LaFace Records, The Recording Academy, Hollywood Locations: Los Angeles, Miami, New York
Three presidents and one mission: Beat Trump
  + stars: | 2024-03-27 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +11 min
CNN’s MJ Lee and Jeff Zeleny reported Wednesday that Obama was in the White House for a working visit just last week. Two Democratic presidents who won second terms are uniting to try to usher a successor, who is older than both of them, into the same rarified political air. And Clinton has been out of the White House for nearly a quarter of a century. But Biden was also a valuable ally for Clinton after the president’s impeachment over an affair with White House intern Monica Lewinsky. And after he became vice president, Biden developed a friendly and cordial relationship with Hillary Clinton, maintained by regular breakfasts at the vice president’s official residence in Washington.
Persons: , Joe Biden’s, he’s, Barack Obama, Bill Clinton, Donald Trump, Obama, CNN’s MJ Lee, Jeff Zeleny, Biden, Clinton, Trump, Jonathan Diller, Jimmy Carter, George W, Bush, it’s, Leon Panetta, , ” Panetta, Joe Biden, , Biden’s, ” Clinton, Mitt Romney, Hillary Clinton, Gabriel Debenedetti, irked Obama’s, Beau, ” Biden, Robert Hur, “ I’m, Clinton’s, Ruth Bader Ginsburg, Monica Lewinsky Organizations: CNN, Trump, White, Radio City Music, Democratic, , New York, Police, White House, African, Central, Democratic National Convention, Republican, Obama, Democratic Party, Alliance ”, Biden, Black, African American Democratic Locations: New York, Washington, America, Delaware, Illinois, Yugoslavia, Ukraine, Iraq, South Carolina
In this photo illustration, a Gemini logo is seen displayed on a smartphone with a Google logo in the background. "However, depending on the data that Gen AI is trained on, the model learns and reflects that in its outputs," he said. Crucial to managing issues of potential bias in AI is to have clear processes in place and prioritize responsible AI from the beginning, said Joe Atkinson, chief products and technology officer at consulting firm PwC. "For example, a healthcare chatbot powered by generative AI can provide explanations for its diagnoses and treatment recommendations, helping patients understand the underlying factors and mitigating potential biases in medical advice." Diversity in AI development teams, dataCompanies also need to create diverse and inclusive development teams.
Persons: Siva Ganesan, Joe Atkinson, Atkinson, Ritu Jyoti, Jyoti, Ganesan Organizations: Google, Cloud, Tata Consultancy Services, International Data Corp
CNN —Las Vegas is a city brightly lit by it’s rich history, extravagant hotels, luxurious dining experiences, perpetually rolling dice and, of course, one-of-a-kind musical residencies. Here’s a look at some of the most influential musical residencies that have helped define Las Vegas as the entertainment capital of the world. Usher previously performed his “Usher: The Las Vegas Residency” through 2021 at the Colosseum at Caesars Palace. Known as Mr. Las Vegas, the performer has become such a local icon that streets are named after him. Marco Piraccini/Mondadori/Getty ImagesThere was a time where Las Vegas residencies were considered something best suited for artists of yesteryear.
Persons: Mariah Carey, Adele, Garth Brooks, Lionel Richie, Usher Usher, Aaron J, Thornton, WireImage, Jennifer Lopez, Kim Kardashian, Jessica Alba, Zendaya, Usher, Wayne Newton Wayne Newton, Ethan Miller, Wayne Newton, Newton, Wayne, Elvis Presley Elvis Presley, Elvis Presley, , Long, Celine Dion Celine Dion, Tomasz Rossa, Celine Dion, Love, Dion, Diana Ross Diana Ross, Matt Sayles, Invision, Diana Ross, Ross, Ross ’, , Elton John Elton John, Mick Hutson, Redferns, Elton John, he’s, Rocketman, Britney Spears Britney Spears, Marco Piraccini, Britney Spears, Spears, Katy Perry, Lady Gaga, Bono, Adam Clayton, Bram van den Berg, Kevin Mazur Organizations: CNN, Sin, Vegas, Las, Colosseum, Billboard, Tropicana, Getty, Flamingo, Intercontinental, Westgate Las, , Venetian, Caesars, Yamaha, Planet Hollywood, Forbes Locations: Sin City, Vegas, Nevada, Las Vegas
BOJ decision will not usher in new high rate era, academic says
  + stars: | 2024-03-19 | 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 EmailBOJ decision will not usher in new high rate era, academic saysSeijiro Takeshita, dean of the Graduate School of Management at the University of Shizuoka, says weakness in the Japanese economy means that the Bank of Japan's historic interest rate will not usher in a new era of higher rates.
Persons: Seijiro Takeshita Organizations: Graduate School of Management, University of Shizuoka, Bank of
In 2020, as data analytics software vendor Snowflake was hitting the public market, one of the key stats it was touting to investors was net revenue retention. Snowflake's NRR at the time was 158%, meaning its existing customer base from a year earlier had increased its total spend by 58%. "More pressure on churn (as companies look to reduce point solutions in favor of platforms) and more difficult upsells have pushed net retention down," Ball added. Twilio , which sells cloud-based communications software, reported NRR of 102% in February, with just 5% year-over-year revenue growth. Almost all of Twilio's revenue comes from its division that contains technology for sending text messages and emails.
Persons: Snowflake, Chris Taylor, NRR, Wall, Snowflake's NRR, Aidan Viggiano, Mike Scarpelli, Sridhar Ramaswamy, Frank Slootman Organizations: New York Stock Exchange, NYSE, Nasdaq, Representatives Locations: Snowflake, U.S, Twilio
In January, The Arena Group, which had published Sports Illustrated since 2019, stopped paying Authentic its licensing fee for publishing rights. Minute Media said that while it will continue the print edition of the magazine, it hopes to also usher Sports Illustrated into a lucrative digital future. “The weight and power of that distinction cannot be understated.”Minute Media will work to retain most of the Sports Illustrated staff, a person familiar with the matter said. “We have said from the start that our top priorities are to keep Sports Illustrated alive, uphold the legacy of the institution and protect our union jobs. We look forward to discussing a future with Minute Media that does that,” Emma Baccellieri, staff writer for SI and vice chair for the SI Union, said in a statement.
Persons: Asaf Peled, ” Peled, Peled, ” Emma Baccellieri Organizations: New, New York CNN —, Authentic Brands, The New York Times, Sports Illustrated, Group, Media, Players ’ Tribune, FanSided, Minute Media, SI, Arena, Sports Locations: New York
AdvertisementThese changes, spread out over millions of transactions a year, have the chance to reshape the housing market. Real-estate agent commissions have hovered between 5% and 6% of the sale price for decades. If sellers are in a desirable market, they might start offering less commission to buyers' agents, or none at all. This would force buyers' agents to get more creative. It has made it clear that it doesn't want sellers offering compensation to buyers' agents.
Persons: there's, Rich Pedroncelli, doesn't, they're, Bret Weinstein, they'll, I'm Organizations: National Association of Realtors, Federal Reserve Bank of Richmond, Department of Justice, NAR, DOJ, AP, MLS, Department, Justice Locations: Denver
The NAACP Image Awards, which honors the accomplishments of Black creatives, was held on Saturday. Winners, including Usher and "Queen Charlotte" star India Amarteifio, wore eye-catching looks. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe NAACP Image Awards' weeklong celebration came ended on Saturday with a live awards show hosted by Queen Latifah, who returned to emcee the ceremony after taking on the role for the first time last year.
Persons: Black creatives, Usher, Charlotte, India Amarteifio, , Queen Latifah Organizations: Service Locations: India, Los Angeles
VR concerts have emerged as a creative outlet for artists such as Travis Scott and Teflon Sega. The enigmatic singer Teflon Sega, who performs as a virtual-reality avatar, also worked with Wave to put on a virtual concert in 2022. Why artists and fans are interested in VR concertsThe appeal of VR concerts lies heavily in their experimental nature. Sarah Malkin, the director of metaverse entertainment content at Meta, told BI that the virtual concerts served both creative and strategic purposes. Over three months, the artist's VR concert was available to watch at select theaters in different cities.
Persons: Travis Scott, , Justin Bieber, John Legend, Calvin Harris, Victoria Monét, Jack Harlow, Jorja Smith, Sarah Malkin, AmazeVR, Megan Thee, Steve Lee, Malkin, Cat's, Jason Diamond, Diamond, Lee, There's, Amy Dorsey Organizations: Sega, Companies, Meta, Service, Business, Forbes, Wave, Meta Quest, VR, Sony Music, Diamond Bros, Detroit, Arris Composites, Apple Vision, Food and Drug Administration, Dorsey Pictures Locations: AmazeVR
CNN —As he led the team out inside of a raucous Emirates Stadium on Tuesday night, Arsenal captain Martin Ødegaard had the weight of expectation on his shoulders. Because Ødegaard looks to have finally found his home at Arsenal. On a magical night for Arsenal fans, Ødegaard produced another sensational performance, proving once again to be the creative spark for Mikel Arteta’s team. But, in Ødegaard, Arsenal finally has a leader who looks determined to lead this team to success. And, in Arsenal, Ødegaard finally has a place to shine.
Persons: Martin Ødegaard, Ødegaard, Mikel Arteta’s, Leandro Trossard, Arsenal's Ødegaard, Andrew Boyers, Arsene Wenger’s, Martin, , Hans Erik Ødegaard, Zinedine Zidane, Denis Doyle, Luka Modrić, Toni Kroos, Arteta, , “ Martin, he’s, ” Ødegaard, Mike Hewitt Organizations: CNN, Emirates, Arsenal, Gunners, Porto, Champions League, Norwegian, Strømsgodset, Norwegian national, Manchester United, Liverpool, CNN Sport, , Madrid, Real Madrid, La Liga, Spanish, Real Sociedad, ” Arsenal, English Premier League rivals Manchester City Locations: Norwegian, Europe, France, Real, London, Liverpool, Ødegaard, Arsenal
Some of Japan's biggest companies are expected to formally offer sizeable pay increases at annual talks with unions that wrap up on Wednesday, clearing the way for the central bank to end negative interest rates as early as next week. Some of Japan's biggest companies are expected to formally offer sizeable pay increases at annual talks with unions that wrap up on Wednesday, clearing the way for the central bank to end negative interest rates as early as next week. Economists see substantial wage increases as a prerequisite for the Bank of Japan, or BOJ, to declare that its long-held goals of sustainable wage growth and stable prices are in sight and usher in an end to negative rates in place since 2016. As a result, some analysts expect this year's wage increases at 5% or more, from just under 4% previously. Unions across industries, including automobiles, electronics, metals, heavy machinery and the service sector have all demanded hefty pay hikes.
Organizations: Toyota Motor, Japan's, Bank of Japan, Workers Locations: Toyota, Nagoya, Japan
Read previewWhen MatPat announced he would leave behind his renowned YouTube channel The Game Theorists this year, he also had a prediction: 2024 will be the year we see a mass exodus from the platform. Speaking with the Guardian, he said he'd seen many of his peers reducing how much time they were dedicating to YouTube. AdvertisementJenna Marbles said goodbye to her YouTube channel back in 2020 after criticism over her old content. Hannah Witton / YouTubeScaling up in an AI worldWitton said she's always been aware of the "growth trap" creators can fall into. "I've seen cheap five-second videos of just an AI voice reading a summary of a movie," Tran said.
Persons: , MatPat, YouTubers, Jenna Marbles, Tyler Oakley, Tanya Burr —, Zoe Sugg, Lilly Singh, Dave Kotinsky, Matthew Patrick, Patrick, Stephanie, Tom Scott, he'd, Zoe Glatt, Glatt, YouTube's, Ollie, He's, Hannah Witton, it's, you've, Witton, she's, we've, Christine Tran, Tran, Emma Chamberlain, Jacopo Raule, That's, It's Organizations: Service, YouTube, Business, Media, Guardian, University of Toronto Locations: Suez, Witton
CNN —Oscars celebrations were in full swing on Sunday night and no post-show event was more packed with the glittery crowd than the annual Vanity Fair party. By the dance floor, Cardi B greeted Bailey and asked the new mom how her baby was doing. Nearby, Lizzo and her boyfriend scoped out the dance floor and were later seen twisting their arms to take a shot together. Kardashian wore a beige, waist-cinching gown as she fluttered around the party with Baltimore Ravens wide receiver O’Dell Beckham Jr.Kim Kardashian arrives at the Vanity Fair Oscars party. Stefanie Keenan/VF24/WireImage for Vanity Fair/Getty ImagesSam Rockwell, Justin Theroux and Jason Bateman gathered on the dance floor and were greeted by Olympian Shawn White and Nina Dobrev.
Persons: Oscar, Billie Eilish, Christopher Nolan, Barbie ”, “ Oppenheimer, America Ferrera, Margot Robbie, Matt Damon, Emily Blunt, Eilish, Phillip Faraone, Nancy Pelosi, Paul Pelosi, Sally Field, Pelosi, Paul Pelosi Stefanie Keenan, Usher, Ciara, Camila Cabello, Chloe, Cardi, Bailey, “ Barbie, Greta Gerwig, grooving, Barbie, Hari Nef, Lizzo, scoped, Paris Hilton, Nicole Richie, Lindsay Lohan, Kim Kardashian, Kardashian, O’Dell Beckham, Amy Sussman, Jenner, Kris Jenner, Kendall, Kylie Jenner, Kris, Demi Moore, Scout Willis, Bruce Willis, Moore, Elizabeth Banks, , Captain America, Chris Evans, Alba Baptista, Damon, Lucia, Chris Hemsworth, Elsa Pataky, Britney Spears, Mark Ruffalo, Sydney Sweeney, Jennifer Coolidge, Kevin Mazur, , Sweeney, Maude Apatow –, Judd Apatow, Coolidge, Catherine O’Hara, Barry Keoghan, Callum Turner, Sabrina Carpenter, Chelsea Handler, Sofia Vergara, Steven Spielberg, Stefanie Keenan, Sam Rockwell, Justin Theroux, Jason Bateman, Olympian Shawn White, Nina Dobrev, Theroux, Rita Moreno, nosh Organizations: CNN, Wallis Annenberg Center, Hollywood, Paris, Baltimore Ravens, Marvel, Air ” Locations: Beverly Hills, America, Halle, Dua Lipa, Tallulah
CNN —The United States women’s soccer team won the inaugural Concacaf W Gold Cup on Sunday following a 1-0 victory over Brazil at Snapdragon Stadium in San Diego, California. “This is a group that’s moving forward together, that still wants more time together. “This is a group that’s just getting started.”All the US players celebrated on the field at the final whistle, as the 31,528 spectators in attendance cheered on. This, though, was the first time it had won the newly configured W Gold Cup tournament. In its next game, the US is set to play Japan in the SheBelieves Cup at Mercedes Benz Stadium, Atlanta, on April 6.
Persons: Lindsey Horan, , Twila Kilgore, Sean M, Jaedyn Shaw, , that’s, ” Shaw Organizations: CNN, United, soccer, Concacaf, Snapdragon, ESPN, Tri, CBS Sports, Japan, Mercedes Benz Locations: United States, Brazil, San Diego , California, Canada, San Diego, Mexico, Atlanta
The AI boom is breathing life into edge computing, which moves data processing away from the cloud. Artificial intelligence is driving us into the era of edge computing — two words you should expect to hear more in the coming months and years. Now they're expanding to edge computing, which refers to moving more of the computation closer to the user (the "edge" of the network). Amazon had eyed edge computing as a billion-dollar business, Business Insider previously reported. Jillian Kaplan, the head of global 5G at Dell, said during an MWC panel that edge computing will be a "huge energy saver."
Persons: , Jim Poole, Poole, Aly Song, MediaTek, Tom Butler, I'm, Jillian Kaplan, Kaplan Organizations: Service, Tech, 5G, Business, Mobile, Congress, MWC, China, Lenovo, Google, Dell Locations: Barcelona, Equinix, Shanghai
His celebration was limited to casually holding a best directing Oscar, his first, and one of seven on the night for his film. Nolan's wife, “Oppenheimer” producer Emma Thomas, held her own statuette, for best picture, and did most of the talking as waves of well-wishers descended on the couple. Photos You Should See View All 60 ImagesBillie Eilish soon strode by with two friends, her best original song Oscar slung in one arm. The Vanity Fair dress code might be called “loosened black tie.” Many still wear their tuxes and gowns from the ceremony. Near them, “Anyone but You” and “Euphoria” star Sydney Sweeney stood in a white gown with fiancé Jonathan Davino at her side.
Persons: — Christopher Nolan, Oscar, Oppenheimer, “ Oppenheimer, Emma Thomas, Nolan, Billie Eilish, strode, it's, Radhika Jones, Thomas, Usher, Barry Keoghan, ingratiated, Serena Williams, LeBron James, James, Anya Taylor, Joy, Matteo Bocelli, Andrea Bocelli, , , Huy Quan, Robert Downey Jr, Michael Jackson, Jon Hamm, Brett Goldstein, Ted Lasso ”, Catherine O'Hara, Hamm, John Mulaney, Jeffrey Wright, intently, John Waters, Sydney Sweeney, fiancé Jonathan Davino, Ludwig Göransson Organizations: ANGELES, Vanity, Beverly Hills City Hall, Wallis Annenberg City Hall Locations: Beverly Hills, Hollywood, Italian
CNN —An awards ceremony curveball indeed: Emma Stone, winner of the Oscar for Best Actress for her performance in “Poor Things,” dealt with a sartorial snafu just moments before she took the stage to accept her trophy. “My dress is broken,” Stone appeared to mouth while en route to receive her Academy Award. “I think it happened during ‘I’m Just Ken,’” she explained, referencing Ryan Gosling’s performance of his song from the “Barbie” movie — and, presumably, some dance moves she’d indulged in (because who wouldn’t boogie down with Gosling should the opportunity present itself?). And perhaps most infamously, Jennifer Lawrence, who was on stage with Stone tonight (as one of the former Best Actress winners who introduced this year’s nominees), took a tumble when accepting her Oscar for Best Actress in 2013 due to the hemline on her cascading Dior Haute Couture gown. Lawrence, along with the other former winners, helped usher Stone off-stage.
Persons: Emma Stone, Oscar, , ” Stone, Louis Vuitton, ‘ I’m, Ken, ’ ”, Ryan Gosling’s, Barbie, she’d, Gosling, Stone, Myung J, Chun, Ryan, Petra Flannery, Gosling —, “ I’m, Ken ”, Lily Gladstone, ” Annette Bening, ” Carey Mulligan, “ Maestro ”, Sandra Hüller, Charlize Theron, Vera Wang, Jimmy Kimmel, Jenny Slate, Thom Browne, Jennifer Lawrence, Lawrence Organizations: CNN, Los Angeles Times, Dolby Theatre, Harper’s Locations: , “ La La
By a vote of 13 to 2, the team voted to join the service employees union SEIU Local 560 — making them the first college athletes in US history to vote to join a labor union. Then, last month, the NLRB ruled that the Dartmouth players were employees of the school, clearing the way for the unionization vote. The Dartmouth vote also comes as the share of union members in the US reached a record low of just 10% in 2023. AdvertisementIn the short term, however, the impact of the Dartmouth vote could be limited. AdvertisementIf the NLRB's decision to recognize the Dartmouth players stands, it could establish a precedent that enables other teams to follow suit.
Persons: , Dartmouth, Kaiser, There's, Victor Chen, Chen, Jake Rosenfeld, Louis, Trump, Rosenfeld, VCU's Chen, Matthew Johnson, Johnson, Barry Eidlin Organizations: Service, Dartmouth men's, Harvard, SEIU Local, National Labor Relations Board, Dartmouth, NLRB, Business, US, UAW, Hollywood, Kaiser Permanente, Virginia Commonwealth University, Washington University, NCAA, Northwestern football, Northwestern, Big, Associated Press, University of Southern, , USA, Duke University, McGill University Locations: Dartmouth, St, University of Southern California, Angeles, Montreal
Tengler named several attractively valued stocks she called the "picks and shovels" of AI, including Emerson Electric , L3Harris Technologies , Visa , Walmart and McDonald's . These companies are expected to boast continued strong growth and stock performance, aided by AI, she said. "Generative AI is much more compelling of a story than then the internet was in many ways," in terms of fueling productivity and growth, Tengler said. Walmart, another of Tengler's top "old economy" AI plays, has gained 14.4% so far this year, double the broader market. "They've benefited from embracing not just robotics and digitization, but generative AI in their e-commerce business and in improving margins," Tengler said of Walmart.
Persons: Nancy Tengler, Tengler, Berenberg, Emerson, L3Harris, Seth Seifman, They've, they've Organizations: Investments, Nvidia, Meta, Emerson Electric, L3Harris Technologies, Visa, Walmart, Aerospace, Defense Department, JPMorgan, Broadcom, Amazon, Microsoft Locations: Arizona, Friday's, Melbourne , Florida
Ford's hybrids are bringing new customers to the brand amid the EV sales slowdown. Ford's middle-of-the-road approach to hybrids and EVs is paying off for now. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElectric vehicle sales aren't going the way Ford expected when CEO Jim Farley took direct aim at Elon Musk's Tesla in 2022. This story is available exclusively to Business Insider subscribers.
Persons: , Jim Farley, Elon Musk's Tesla, Elon Musk, Ford Organizations: Ford, Service, Elon, Business
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