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☆ Insider Today: Mark Cuban vs. Big Pharma
▼ + stars: | 2024-08-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But first: Big Tech reporting for duty. AdvertisementEven before Amazon, Apple, Meta, and Microsoft reported earnings, investors' focus was clear. Meta CEO Mark Zuckerberg didn't shy away from his intention to keep plowing money into AI, but investors didn't mind. Softening demand from shoppers for Amazon led to a miss in reported net sales and a weaker-than-expected sales forecast for the third quarter. Also read:Getty Images; Jenny Chang-Rodriguez/BIMark Cuban's pharma missionIn 2022, Mark Cuban launched a low-cost online pharmacy with the goal of cutting drug prices for consumers.

Persons: —, Jeff Bottari, Rebecca Zisser, Tesla, Mark Zuckerberg, iStock, That's, Gen, Zers, Tyler Le, Tetiana Lazunova, Jenny Chang, Rodriguez, Cuban's, Mark Cuban, somebody's, Emily Durham Organizations: Service, Business, Big Tech, Getty Images, Apple, Meta, Microsoft, Apple Intelligence, Amazon, pharma, Cuban's pharma, Cost, Pfizer, Novo Nordisk Locations: China

Here's everything you need to know about how to watch a free Alcaraz vs. Djokovic live stream from anywhere. Watch Alcaraz vs. Djokovic live stream for free online. How to watch Alcaraz vs. Djokovic in the USAThe cheapest option to watch Olympic tennis locally in the USA is Peacock. Check price at Peacock TVWhere to watch Alcaraz vs. Djokovic in AustraliaVast amounts of Olympic coverage will be available to live stream on 9Now in Australia, a free option you can access after creating a free account. Where to watch Alcaraz vs. Djokovic in the UKFor the most comprehensive tennis coverage, you'll need to head over to Eurosport, which is only £3.99 a month during the Olympics.

Persons: Roland Garros, Alcaraz, They're, ExpressVPN, Djokovic, Peacock Organizations: Business, Paris Olympics, Serbian, Wimbledon, Olympic, NBC, Eurosport Locations: Paris, Australian, USA, Australia

☆ Republicans for Harris launches, aiming for Biden-like appeal to anti-Trump voters
▼ + stars: | 2024-08-04 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +7 min

Weatherford had just started gearing up with the Republicans for Biden effort in June when the race took a turn. Bill Weld (the 2016 Libertarian nominee for vice president who then challenged Trump in the 2020 Republican primary), former New Jersey Gov. Harris aides have quickly announced changes to many of her previous more liberal positions. A print production specialist at a print shop in Tucson, Arizona, cuts a run of yard signs in support of Vice President Kamala Harris' presidential campaign on July 25, 2024. “We want Republicans talking to Republicans,” Weatherford said, “because we think that’s the best way to make it work.”

Persons: Biden, Harris, Joe Biden’s, Kamala Harris, Donald Trump, Trump, Biden spiraled, Nikki Haley, ”, Austin Weatherford, Adam Kinzinger of, Weatherford, “, Bill Weld, Christie Todd Whitman, Kinzinger, Denver Riggelman, Joe Walsh, Stephanie Grisham, Claudine Schneider, ” Schneider, creaked, Rebecca Noble, Reuters “ Harris, ” Weatherford, Schneider, Republicans “, Abraham Lincoln, Teddy Roosevelt, Ronald Reagan, hadn’t, Gov, Geoff Duncan, Harris didn’t, George W, Bush, Mike Pence, Biden’s, ” Pence, Pence, MAGA Organizations: CNN, Democratic, Republicans, Trump, Biden, GOP, Republican, Massachusetts Gov, New, New Jersey Gov, Virginia Rep, Denver, Illinois, Former Rhode Island, Green New, Reuters, Democrats, Senate, Republican Party, Weatherford Locations: San Francisco, Adam Kinzinger of Illinois, Arizona , Pennsylvania, North Carolina, Massachusetts, New Jersey, Colorado, Tucson , Arizona, Georgia, Atlanta, Milwaukee

☆ The stock market is in no man's land. Here's what investors should expect next
▼ + stars: | 2024-08-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +16 min

Anything above 4% indicates the market is overbought, anything below a minus 5% means the market is oversold.) I am just prematurely predicting other investors fleeing the stock because they think Warren knows more than them. Many investors thought that Amazon was the best set up of the Mag Seven going into earnings. We are right smack in a most perilous moment because the Fed doesn't want to move too fast but the stock market does and the Fed does not care about that. I don't think a presidential election is all that conducive to the market.

Persons: Warren Buffett's Berkshire Hathaway, Apple, Warren, That's, Buffett, Tim Cook, Cook, Carl Icahn, I'd, Donald Trump, don't, Jerome Powell, Meta, It's, Pat Gelsinger, Andy Grove, Gelsinger, Craig Barrett, that's, Pat, Let's, Mark Zuckerberg, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Dow, of America, Apple, Microsoft, Bank of America, Amazon Web Services, Investors, Comcast, Walgreens, CVS, Federal, whimpers, Amazon, Nvidia, Meta, Intel, Lenovo, Dell, HP, CNBC, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: Friday's, China, —, Wells, U.S, humorless, Taiwan, Brookfield, Arizona, NBCUniversal

We’ve never in my lifetime changed candidates this late in the game,” West said, pausing as she left a Harris campaign office to pick up a new packet of door-knocking materials. “There is a lot of excitement around Vice President Harris, actually. However, despite the preparations, Trump’s campaign has yet to find its footing on a consistent message about the vice president. Outside the campaign, Trump’s allies worry there is no strategy for what is now a competitive race. Vice President Kamala Harris speaks at a gathering of the Sigma Gamma Rho sorority in Houston on July 31, 2024.

Persons: Donald Trump’s, Joe Biden, Trump, Biden, Kamala Harris, Ohio Sen, JD Vance, Harris –, Harris, –, ”, “, ” Trump, pollster John McLaughlin, ” McLaughlin, Harper, “ I’ve, We’ve, ” West, President Harris, Joe Lamberti, ” Harris, Rachel Scott, Scott Olson, it’s, Barack Obama, Trump’s, Steven Cheung, “ He’s, Brandon Bell, Trump –, Harris didn’t, ” Rev, Charles Williams, I’m, ’ ” Williams, he’s, Donald Trump, She’s, Carolina Sen, Lindsey Graham, she’s, Vance, Anna Moneymaker, Tucker Carlson’s, they’ve, Alaska Sen, Lisa Murkowski, Schouten, Kate Sullivan, Jeff Zeleny, Steve Contorno, Manu Raju, Morgan Rimmer, Danya Gainor, Lauren Fox Organizations: CNN, Republican, Republican Party, Trump, GOP, National Association of Black Journalists ’, Biden, Harris, Getty, Democrats, Democratic, Democratic Party, ABC, Fox News, Senior Trump, ABC News, National Association of Black Journalists, Indian, Sigma Gamma Rho, Air Force, White, Sigma Gamma Rho sorority, Historic King Solomon Baptist Church, ”, Senate, Capitol Locations: Milwaukee, Chicago, India, Jamaica, Oakland County , Michigan, Harrisburg , Pennsylvania, AFP, Trump, New York, Georgia, Butler , Pennsylvania, Harris, Atlanta, United States, North Carolina, Houston, Detroit, ”, Carolina, Sierra Vista , Arizona, Alaska, Mexico, Arizona, Ohio, California

Former President Donald Trump on Friday said he would no longer participate in a September debate on ABC, opting instead to accept Fox News’ offer to debate Vice President Kamala Harris on Sept. 4. The network pitched two of its anchors, Bret Baier and Martha MacCallum, as moderators, which Trump agreed to in his Truth Social post. In a tweet posted Saturday, the vice president said, "It’s interesting how 'any time, any place' becomes 'one specific time, one specific safe space.' Sen. Jon Ossoff, D-Ga., who spoke at the Harris rally, said Trump was “too scared” to debate the vice president. He’s scared.

Persons: Donald Trump, Kamala Harris, Joe Biden, “, Biden, ” Trump, George Stephanopoulos, Trump, Harris, Bret Baier, Martha MacCallum, Michael Tyler, “ Donald Trump, ” “, ”, he’s, Eric Baradat, Harris ’, Sen, Jon Ossoff, “ He’s, “ Donald, Maria Bartiromo, I’m Organizations: ABC, Fox, Democratic, Fox News, Trump, CNN, NBC News, Getty, Republican, Fox Business Locations: Pennsylvania, Atlanta, AFP, Harris

☆ In the battle between Kamala Harris and Donald Trump, clothing says a lot
▼ + stars: | 2024-08-03 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +8 min

Read previewIf Vice President Kamala Harris and former President Donald Trump ever stand next to one another on the debate stage, viewers watching from their living rooms will notice — even if subconsciously — what the two candidates are wearing. AdvertisementTrump has tailored the traditional masculine suit to fit both his body and his brand. Guy said that Trump often wears navy blue Brioni suits, which are reminiscent of 1980s power silhouettes. Related storiesTrump's campaign celebrated his styling choices, as spokesperson Steven Cheung said, "President Trump has the most style of any President in history." Given his background in reality television, Saha said that Trump understands the game of quick visual communication and knows that clothing can send signals about values.

Persons: —, Kamala Harris, Donald Trump, Joe Biden, Harris, Derek Guy, Guy, Trump, Sparsha Saha, Shauna Shames, Shames, Steven Cheung, pantsuits, Manolo, she'll, Saha, Joseph Altuzarra, It's, Rachel Tashjian, I've Organizations: Service, Democratic, Business, Trump, Harvard, Rutgers University, Converse, New York Times, Vogue, Republican, Washington Post Locations: American, Washington

☆ Big Tech keeps running ads accidentally suggesting it will replace all human creativity
▼ + stars: | 2024-08-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Google pulled an ad suggesting a young fan use Gemini AI to write to their Olympic idol. The misfire came after criticism of an Apple ad suggesting an iPad can replace all human creativity. 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 . Google faced backlash after it recently released an ad about a young athlete who idolizes American hurdler Sydney McLaughlin-Levrone.

Persons: —, Sydney McLaughlin, Google's, that's Organizations: Google, Service, Big Tech, Gemini, Business

Here's everything you need to know about how to watch a free Zheng vs. Vekic live stream from anywhere. Watch Zheng vs. Vekic live stream for free online. How to watch Zheng vs. Vekic in the USAThe cheapest option to watch Olympic tennis locally in the USA is Peacock. Where to watch Zheng vs. Vekic in the UKFor the most comprehensive tennis coverage, you'll need to head over to Eurosport, which is only £3.99 a month during the Olympics. If you want free coverage, 9Now in Australia (see above) is your best bet, as we see plenty of events on their schedule.

Persons: You'll, They're, ExpressVPN, Zheng, Peacock Organizations: Business, Paris Olympics, Olympic, NBC, Eurosport Locations: Paris, Australian, USA, Vekic, Australia

☆ Kamala Harris: Inside the final days of her vice presidential decision
▼ + stars: | 2024-08-03 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +10 min

The vice president likes to take her time with decisions. “This is a decision that is not just a campaign decision,” Transportation Secretary Pete Buttigieg said in an unrelated interview with CNN last week. “The vice president has a very deeply personal decision to make right now. Andy Beshear and several other governors over to her residence for what became a gripe session about the Biden campaign in February. Obama reminded his former vice president that they had not gotten along well at first.

Persons: aren’t Kamala Harris, Harris, it’s, “, ” Harris, they’re, Josh Shapiro, Joe Biden’s, –, they’ve, Pete Buttigieg, Shapiro, Harris –, Biden, Mike Pence, don’t, Tim Walz, JB Pritzker, Andy Beshear, Beshear’s, Arizona’s Mark Kelly, Doug Emhoff, ”, Cedric Richmond, ” Richmond, Barack Obama, Eric Holder, Dana Remus, Donald Trump’s, Lorraine, Tony West, Jen O’Malley Dillon, Obama, Adam Schiff, ” CNN’s John King Organizations: CNN, Naval, Democratic Party –, Pennsylvania Gov, Staff, Biden, Veterans, Publishers Clearing House, Minnesota Gov, Illinois Gov, Kentucky Gov, Senate, Harris, White, Trump, Democratic, California Democrat Locations: Houston, Philadelphia, Pennsylvania, Minnesota, Illinois, Kentucky, California, Louisiana, Arizona

☆ Trump and Vance head to battleground Georgia looking to put recent struggles behind them
▼ + stars: | 2024-08-03 | by ( Arit John | ) edition.cnn.com time to read: +5 min

Trump and Vance will campaign in the same venue Saturday, but without the fundraising spike, increased momentum or improved chances of winning a crucial state. Biden became the first Democrat to win Georgia in nearly 30 years when he beat Trump by just under 12,000 votes in 2020. So, let’s talk about the issues.”South Carolina Sen. Lindsey Graham, a Trump ally, said the campaign should focus on drawing policy contrasts. “My problem with Vice President Harris is the policy choices she’s made.”Trump, however, is not shying away from the controversial and false claims about Harris’ heritage. A senior Trump campaign official told CNN that the campaign would not “shy away” from the former president’s comments.

Persons: Donald Trump, JD Vance, Joe Biden, Kamala Harris, she’d, Harris, Vance, Biden, Trump, Georgia’s, Brad Raffensperger, Nevada –, Black ”, Republicans –, “, Alaska Sen, Lisa Murkowski, CNN’s Manu Raju, “ You’ve, Carolina Sen, Lindsey Graham, she’s, ” Graham, ” Trump, ”, MAGA, – Vance, –, CNN’s Alayna, Manu Raju, Morgan Rimmer Organizations: CNN, Democratic, Georgia, University Convocation Center, White, Peach State, Trump, Democrat, Sun, Black, National Association of Black Journalists, Chicago, Republicans, Republican Locations: Georgia, Atlanta, Peach, North Carolina , Arizona, Nevada, Michigan , Pennsylvania, Wisconsin, Ohio, India, Jamaica, Alaska, ”, Carolina, Arizona

That level of intensity in a short period of time necessitated a crew of hardened professionals, several sources with knowledge of Harris' strategy said. Next week, a major campaign swing, then the convention and then it’s the debate,” one person with knowledge of Harris’ strategy said. Mitch Stewart will act as a senior adviser on battleground states, and Palmieri will serve as senior adviser to the second gentleman. “In Wisconsin, we have had more online volunteer sign-ups since July 21st than between January 1st and July 20th,” a Harris campaign aide said. “That’s a game-changer to a ground game in a small state like Nevada,” Molly Forgey, a Nevada Democratic strategist, said.

Persons: Kamala Harris ’, David Plouffe, Barack Obama’s, Stephanie Cutter, Jennifer Palmieri —, Harris, Joe Biden’s, Mike Donilon, Steve Ricchetti, Obama, Mitch Stewart, Palmieri, Brian Fallon —, ”, Pete Giangreco, Biden, Trump, “, Cutter, Jen O’Malley Dillon, Julie Rodriguez, “ Harris, Molly Forgey, Forgey, there’s, —, Chris Korge, he's Organizations: Democratic, White, Trump, “, Democratic National Committee, Democratic Congressional, Committee, ”, Nevada Democratic Locations: “, Arizona, Nevada, Wisconsin, “ In Wisconsin, Philadelphia, ” In Nevada

☆ How the polling landscape has changed in the last two weeks: From the Politics Desk
▼ + stars: | 2024-08-02 | by ( The Politics Desk | ) www.nbcnews.com time to read: +7 min

In today’s edition, we report on how the polling landscape has changed since Vice President Kamala Harris took over as the Democratic presidential candidate. But the Trump campaign is rushing to define Harris differently. This week, two ads went up that underscored the war to define Harris. Read more → 📺 The race is on: The race to define Harris is heating up, with the Harris campaign and the Trump team hitting the airwaves. Read more →The race to define Harris is heating up, with the Harris campaign and the Trump team hitting the airwaves.

Persons: Kamala Harris, Yamiche, Yamiche Alcindor, Kamala Harris ’, Joe Biden, Megan Thee, —, Donald Trump, Trump, Harris, ” Trump, Brian Hughes, ” Harris, She’s, The, Read, Mark Murray It’s, Biden, 🗞️, J aime H, J ohn, Simone Biles, Organizations: NBC, White House, Capitol, Democratic, Democratic Party, Biden, The Trump, —, New York Times, Siena College, Street, Reuters, NYT, Wall Street, Bloomberg, Trump Locations: Arizona , Georgia, Nevada , North Carolina, Pennsylvania, Arizona , Nevada, Wisconsin, Michigan

The Republican nominee for governor of North Carolina is out with a new TV ad where he and his wife reveal that she had an abortion 30 years ago. Mark Robinson and his wife talk directly to the camera, revealing few details about the procedure beyond his telling viewers, "Thirty years ago, my wife and I made a very difficult decision. Robinson’s promise in his TV ad to keep the state’s abortion ban at 12 weeks appears to mark a shift from his previous remarks. "As governor, Mark Robinson will work to make North Carolina a destination for life by building a culture that does more to support women and families, including bolstering adoption, as well as foster and childcare." Robinson isn't the first GOP candidate this year to publicly say his wife had an abortion.

Persons: Mark Robinson, Robinson, Josh Stein, Roy Cooper, We’ve, Robinson’s, Mark Lonergan, Lonergan, Sam Brown, Amy, Sen, Kelly Ayotte, Dave Reichert Organizations: Republican, Gov, Democratic, GOP, Fox News, NBC News Locations: North Carolina, Nevada, Washington and New Hampshire, New Hampshire, Washington

☆ How an Elon Musk-backed PAC is gathering data to boost Trump
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.nbcnews.com time to read: +8 min

How do I start?”The ad then displays a website for a group called America PAC. “I have created a PAC, or a super PAC ... the America PAC,” Musk said in a recent interview. But what is unique about America PAC’s project is who is backing it and the timing of its creation. The America PAC raised over $8 million between April 1 and June 30, according to FEC records. He recently said on X that he is “making some donations to America PAC,” but did not say how much.

Persons: “, Donald Trump, Trump, they’ll, Elon Musk, Kamala Harris, ” Musk, Musk, ”, Brendan Fischer, Fischer, ” Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale, Harris, Daniel Weiner, Brennan, Matthew Baum, Baum, Weiner Organizations: Google, America PAC, Tesla, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, “ America PAC, Trump, The New York Times, FEC, Harvard Kennedy School Locations: Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, America, Trump

In response to the El Paso mass shooting, MALDEF created a new program to expand its litigation and advocacy work to include anti-Latino hate crimes, including discriminatory policing policies. America’s Voice, an immigrant advocacy group, has been tracking what it calls the normalization of the invasion and great replacement rhetoric by congressional members. In the five years since the mass shooting in El Paso, 165 members of the current Congress have amplified the replacement theory and invasion rhetoric, said Zachary Mueller, America’s Voice senior research director, citing a report done by the group. Also, in this year’s first seven months, congressional members have pushed the invasion and great replacement theory more than 650 times in social media accounts and filed 11 pieces of legislation using the “invasion” rhetoric. "Use of invasion rhetoric needs to be seen as a national problem.

Persons: El, supremacists, Paul Jamrowski, Jordan Anchondo, Andre Anchondo, he’ll, Jarowski, Donald Trump, Trump, Adolf Hitler, Thomas Saenz, ” Saenz, ”, they’re, MALDEF, Zachary Mueller, Mueller, “, ” Mueller, Joe Biden's, Saenz Organizations: Walmart, Human, Border Network, Human Rights, Jewish Council, Public Affairs, America's, Republican National Convention, Republican Party, Mexican American Legal Defense, Educational Fund, National Association of Black Journalists, NBC, El, America’s, Republicans Locations: El Paso , Texas, Texas, El Paso, U.S, Buffalo , New York

☆ A 'prosecutor' vs. 'weak': The battle intensifies to define Harris
▼ + stars: | 2024-08-02 | by ( Yamiche Alcindor | Yamiche Alcindor Is An Nbc News Washington Correspondent. | ) www.nbcnews.com time to read: +14 min

Harris’ campaign rallies are a clear change from those held by President Joe Biden, the man she is replacing at the top of the Democratic ticket. So hear me when I say: I know Donald Trump’s type.”But the Trump campaign is rushing to define Harris differently. “She knows this is going to be a very close race,” Julie Chávez Rodríguez, Harris’ campaign manager, said in an interview. Chávez Rodríguez and Harris have been close for nearly a decade, since Chávez Rodríguez first took a job as state director for Harris’ Senate office in 2016. The Harris campaign has launched a website advertising more than five dozen jobs.

Persons: Kamala Harris, Harris ’, Joe Biden, Megan Thee, —, ”, Donald Trump, “, fraudsters, cheaters, Donald Trump’s, Trump, Harris, ” Trump, Brian Hughes, She’s, ” Julie Chávez Rodríguez, ” Chávez Rodríguez, The, Jen O’Malley Dillon, Biden, Chávez Rodríguez, Chávez, we’re, ” Ashley Etienne, ” Etienne, ” “ Joe Biden, Hughes, Biden’s, ” Harris, Trump’s, “ It’s, Howard, “ Kamala Harris, Judy Chu, Chu, ” Chu, that’s, he’d Organizations: Democratic, Democratic Party, United, Trump, Biden, The Trump, NBC, MAGA Inc, Inc, Central, Northern, Howard University, Washington , D.C, Alpha Kappa Alpha, National Association of Black Journalists, Black, Sigma Gamma Rho, Atlanta, Congressional Asian Pacific American Caucus Locations: United States, California, Wisconsin, Harris ’, North Carolina, El Salvador, Guatemala, Honduras, Mexico, Washington ,, Chicago, Houston, Monterey Park , California

House Freedom Caucus Chairman Bob Good, R-Va., has lost his primary recount, a Virginia court certified Thursday, cementing his narrow defeat to GOP state Sen. John McGuire. The recount results confirmed McGuire beat Good after McGuire initially led Good by just 374 votes in the June primary in Virginia’s 5th District. “If you’re on the Republican team and you’re part of the Democrat team to take out the Republican team, you’re not on the Republican team,” McGuire said. “Bob is on the Bob Good team.”McGuire is expected to win in November, given the 5th District’s Republican lean. Rep. Jerry Carl lost to a fellow incumbent, Rep. Barry Moore, in an Alabama GOP primary spurred by redistricting.

Persons: Bob Good, Sen, John McGuire, McGuire, Good, Donald Trump, Kevin McCarthy of, Trump, “, ” McGuire, ”, Ron DeSantis, “ John, I’ve, ’ ” McGuire, ” McCarthy, McCarthy, wasn’t, you’re, Bob, Jerry Carl, Barry Moore, Jamaal Bowman, George Latimer Organizations: GOP, Good, Republican, U.S, Capitol, NBC, Florida Gov, Navy, NBC News, Democrat, Daily, Alabama GOP, Westchester, New, New York Democratic Locations: Virginia, Virginia’s 5th, Kevin McCarthy of California, “, Alabama, Israel, Westchester County, New York

Ogles is a member of the hard-right Freedom Caucus who reintroduced articles of impeachment against Vice President Kamala Harris last week after she launched her presidential campaign. He chases headlines, not results.”Johnston also had a boost from a super PAC, Conservatives with Character, that is funded by some prominent Tennessee donors and politicians, including former GOP Sen. Bill Frist. Former GOP Sen. Bob Corker also donated to Johnston’s campaign. A former county mayor, Ogles won a crowded primary in 2022 with just 35% percent of the vote, saying at the time, “We’re at war. This is a political war, a cultural war, and it’s a spiritual war.”Ogles is expected to carry the GOP-leaning 5th District in November.

Persons: Andy Ogles, Donald Trump, Ogles, Kamala Harris, Courtney Johnston, Johnson, ” Johnston, GOP Sen, Bill Frist, Former GOP Sen, Bob Corker, George Santos, “ We’re Organizations: Associated Press, GOP, Caucus, Nashville Metropolitan, Former GOP, Nashville, District Locations: Tennessee’s 5th, Tennessee

☆ Google pulls AI ad for Olympics following backlash
▼ + stars: | 2024-08-02 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

Google pulled an ad it showed during the Olympics which touted its AI chatbot Gemini writing a fan letter to an athlete. Google has pulled an Olympics ad for its chatbot Gemini from airwaves following backlash for the way it depicts a little girl using artificial intelligence to write a fan letter. Google launched Gemini, formerly known as Bard, last year following the surge in popularity of OpenAI's ChatGPT. Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.

Persons: Sydney McLaughlin, Bard, Sydney, Gemini, Shelly Palmer, Syracuse University's S.I, Mira Murati, Scarlett Johansson, OpenAI Organizations: Google, Gemini, CNBC, Syracuse University's, Newhouse School of Public Communications, Apple, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: U.S

☆ How an Elon Musk PAC is using voter data to help Trump beat Harris in 2024 election
▼ + stars: | 2024-08-02 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

The ad then displays a website for a group called America PAC. "I have created a PAC, or a super PAC ... the America PAC," Musk said in a recent interview. But what is unique about America PAC's project is who is backing it and the timing of its creation. He recently said on X that he is "making some donations to America PAC," but did not say how much. Musk on X mirrors Musk PAC

Persons: Elon Musk, The Beverly Hilton, David Swanson, Donald Trump, Trump, they'll, Kamala Harris, Musk, Brendan Fischer, Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale Organizations: SpaceX, Tesla, The Beverly, Reuters, Google, America PAC, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, Trump, The New York Times, FEC Locations: Beverly Hills , California, U.S, Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin

The group, set up by Charles Gantt, is funneling money to Republican operatives and funding paid ads, mail and text messages that praise his position on abortion rights. Democrat,” the piece of direct mail, sent to a Democratic voter in Philadelphia and viewed by The New York Times, reads in bold letters. A spokesperson for Mr. Kennedy has not responded, either. Those ads similarly highlight Mr. Kennedy’s position on abortion rights. counterparts, promoting Mr. Kennedy as a supporter of Mr. Trump.

Persons: Robert F, Kennedy Jr, Kennedy, Donald J, Trump, Charles Gantt, Gantt, Kamala Harris, ’, He’s, “ Organizations: Republicans, Democrats, Republican, PAC, “, Democrat, Democratic, The New York Times, SAG, Trump, The Times, “ RFK, Kennedy, YouTube Locations: Philadelphia, Arizona, America, Michigan, Pennsylvania

☆ Wall Street to Big Tech: Is AI ever going to make money?
▼ + stars: | 2024-08-02 | by ( Clare Duffy | ) edition.cnn.com time to read: +7 min

New York CNN —There’s been one big question on the minds of Wall Streeters this tech earnings season: When will anyone start making actual money from artificial intelligence? But Big Tech still has relatively little to show for all their billions spent in terms of significant revenue gains from AI or profitable new products, and investors are starting to get antsy. Shares of both Google and Microsoft dipped following their earnings reports, a sign of investors’ discontent that their huge AI investments hadn’t led to far-better-than-expected results. She added: “Gen AI is where we’re much earlier … We don’t expect our gen AI products to be a meaningful driver of revenue in ’24. As an example of just how long it can take AI products to come to fruition, take Tesla’s AI-based “full self-driving” technology.

Persons: New York CNN — There’s, ChatGPT, ’, Morgan Stanley, Keith Weiss, Steven Ju, Sundar Pichai, Goldman Sachs, —, ” D.A, Davidson, Gil Luria, Meta, Amy Hood, “, Susan Li, that’s, ” Luria, we’re, Jim Covello, Tesla, FSD, Google’s Pichai, Mark Zuckerberg, — Luria Organizations: New, New York CNN, Big Tech, UBS, Google, Microsoft, CNN, Meta Locations: New York, Silicon Valley

☆ Wall Street analysts think investors should buy the dip in Amazon, call cloud business a 'bright spot'
▼ + stars: | 2024-08-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors may way to consider buying the dip in Amazon , according to some Wall Street analysts. A 'bright spot' in AWS Despite Thursday's disappointing results, many Wall Street analysts are finding the positive in the company's Amazon Web Services division. Many expect this business to continue gaining steam, with Susquehanna Financial Group's Shyam Patil referring to this acceleration as a "bright spot" in the results. Evercore ISI's Mark Mahaney referred to accelerating AWS growth as one of "three fundamental catalysts" for the stock. Bank of America's Justin Post named the stock the firm's top large cap picks, citing the AWS acceleration and opportunity within artificial intelligence.

Persons: Deutsche Bank's Lee Horowitz, Deutsche Bank's Horowitz, Mark Shmulik, Shyam Patil, Patil, Morgan Stanley's Brian Nowak, Evercore, Mark Mahaney, Bank of America's Justin Post, We're, Doug Anmuth, Anmuth Organizations: Deutsche, Wall, Web Services, Susquehanna, Bank of America's

☆ Tech stocks wrap up steepest three-week slump in two years, led by plunge in Amazon and Intel
▼ + stars: | 2024-08-02 | by ( Ari Levy | ) www.cnbc.com time to read: +6 min

Amazon and Apple both reported earnings on Thursday, with Amazon missing on revenue and issuing a disappointing forecast and Apple showing top-line growth of just 5%. The one mega-cap tech company that's yet to release results is Nvidia, which has been the biggest winner in the AI boom. The stock is down 17% over the Nasdaq's three-week slump, though it's still up more than 110% for the year. Intel reported a big earnings miss and announced a mass restructuring that includes eliminating 15% of its staff. CEO Pat Gelsinger told CNBC on Friday that it's the "most substantial restructuring of Intel since the memory microprocessor transition four decades ago."

Persons: Stephanie Keith, Josh Koren, Koren, CNBC's, Brian Olsavsky, Meta, Mark Zuckerberg, Zuckerberg, it's, Pat Gelsinger, INTC, Bernstein Organizations: Nasdaq, Bloomberg, Getty, Labor Department, Musketeer Capital Partners, Apple, Amazon, Microsoft, Mizuho, Meta, Wall, Nvidia, Intel, CNBC, KeyBanc, Markets Locations: New York, freefall, U.S

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