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☆ James Cameron: How the 'Titanic' director became a deep-sea explorer
▼ + stars: | 2023-06-23 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

Cameron, who is also the director of the Oscar-winning movie “Titanic,” has shared his perspective on the “catastrophic implosion” that killed five aboard the Titan submersible on its way to tour the Titanic wreckage. The youngster would also track a then new deep-sea submersible named Alvin. “It was such a golden age of technological exploration,” Cameron said of the time. Cameron told NPR in 2012 that there is a connection between what he does professionally in films and his personal life as an explorer. “But it has problems, because there’s no second take!”Record breaking explorationAlong with his exploring, Cameron fell in love with the technology that makes deep-sea diving possible.

Persons: James Cameron, Cameron, Oscar, ”, ” Cameron, CNN’s Anderson Cooper, Jacques Cousteau’s, “, Playboy, ‘, there’s, Saul Loeb, Mariana Trench, Earth Cameron Organizations: CNN, Titan, National Geographic, Geographic, Getty Locations: Ontario, Canada

☆ The Talented Mr. Obama
▼ + stars: | 2023-06-22 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

Daniel Henninger's weekly column, “Wonder Land,” appears in The Wall Street Journal each Thursday. Mr. Henninger was a finalist for a Pulitzer Prize in editorial writing in 1987 and 1996, and shared in the Journal's Pulitzer Prize in 2002 for the paper's coverage of the attacks on September 11. In 2004, he won the Eric Breindel Journalism Award for his weekly column. He has won the Gerald Loeb Award for commentary, the Scripps Howard Foundation's Walker Stone Award for editorial writing and the American Society of Newspaper Editors' Distinguished Writing Award for editorial writing. He is a weekly panelist on the "Journal Editorial Report" on Fox News.

Persons: Daniel Henninger's, ”, Henninger, Eric Breindel, Gerald Loeb, Scripps Howard Foundation's Walker Organizations: Scripps, American Society of Newspaper, Fox News, Georgetown University’s School of Foreign Service Locations: Cleveland

☆ The Establishment vs. Trump
▼ + stars: | 2023-06-20 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

Holman W. Jenkins Jr. is a member of the editorial board of The Wall Street Journal. Mr. Jenkins joined the Journal in May 1992 as a writer for the editorial page in New York. In February 1994, he moved to Hong Kong as editor of The Asian Wall Street Journal's editorial page. Mr. Jenkins won a 1997 Gerald Loeb Award for distinguished business and financial coverage. Born in Philadelphia, Mr. Jenkins received a bachelor's degree from Hobart and William Smith Colleges and a master's degree in journalism from Northwestern University.

Persons: Holman W, Jenkins, Mr, Gerald Loeb, William Smith Organizations: Street, William, William Smith Colleges, Northwestern University, University of Michigan Locations: New York, Hong Kong, San Francisco, Philadelphia, Hobart

☆ How United Became an Airline
▼ + stars: | 2023-06-19 | by ( Andy Kessler | ) www.wsj.com time to read: 1 min

Andy Kessler is the author of Inside View, a column he writes for The Wall Street Journal on technology and markets and where they intersect with culture. He won the 2019 Gerald Loeb Award for commentary. He is the author of several books including Wall Street Meat and Eat People. He used to design chips at Bell Labs before working on Wall Street for PaineWebber and Morgan Stanley and then as a founder of the hedge fund Velocity Capital.

Persons: Andy Kessler, Gerald Loeb, Morgan Stanley Organizations: Wall, Bell Labs, Velocity Capital Locations: PaineWebber

☆ Trump Is Only a Co-Star in America’s Unreality Show
▼ + stars: | 2023-06-16 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

☆ Biden’s March to State Capitalism
▼ + stars: | 2023-06-15 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

☆ Trump Is Normal on Secrets
▼ + stars: | 2023-06-13 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

The decision is likely to force companies to toe a more careful line when making commercial products that mimic other brands for the sake of parody, legal experts said. The Rogers test is "not appropriate when the accused infringer has used a trademark to designate the source of its own goods - in other words, has used a trademark as a trademark," Justice Elena Kagan wrote. Other experts said the decision leaves space for the First Amendment to apply to parody products. "The likelihood of confusion analysis will still take the challenged product's funny message into account," Brannen said. (This story has been refiled to change dateline to June 12)Reporting by Blake Brittain in WashingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Brown, Forman, Jack Daniel's, Rogers, infringer, Elena Kagan, Kagan, Megan Bannigan, Plimpton, Bannigan, VIP, Doug Masters, Loeb & Loeb, Masters, Alexandra Roberts, Roberts, Elizabeth Brannen, Maher, Brannen, Blake Brittain Organizations: U.S, Supreme Court, Constitution, VIP Products, MCA Records, Mattel, Debevoise, Loeb &, Northeastern University, Stris, Thomson Locations: Danish, Washington

☆ Third Point Real Estate's managing partner said it's 'a foolish debate' to say the office market will fail
▼ + stars: | 2023-06-11 | by ( Al Yoon | ) www.businessinsider.com time to read: +9 min

Frank Scavone, managing partner of Third Point Real Estate Strategies, said offices aren't dead. Frank Scavone, the managing partner of Third Point Real Estate Strategies, told Insider he's up for the challenge. But are there opportunities now for investors like Third Point Real Estate Strategies? What's going to happen with all the commercial real estate debt coming due in this higher interest rate environment? And let's not forget about the more than $300 billion in dry powder aimed at North American commercial real estate investment.

Persons: Frank Scavone, Scavone, Daniel Loeb's, —, Trepp, CBRE, That's, San Francisco — Organizations: Service, Third Point, Hedge, CBRE, downtown, Employers, North Locations: San Francisco, downtown San Francisco, Marin County, York, multifamily, New York City

☆ What Chris Licht Got Right and Wrong at CNN
▼ + stars: | 2023-06-09 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

☆ Toshiba gives shareholder management masterclass
▼ + stars: | 2023-06-09 | by ( Una Galani | ) www.reuters.com time to read: +3 min

Its limited visibility on the value of the memory-chip specialist was one reason it cited for its earlier restraint. Follow @ugalani on TwitterCONTEXT NEWSToshiba said on June 8 that its board has decided to recommend shareholders accept a tender offer from a group led by Japan Industrial Partners. The tender offer is expected to be launched some time from late July. Among other factors, it cited limited visibility into the value of chipmaker Kioxia, of which Toshiba owns around 40%. In recommending the offer, Toshiba noted the book value of Kioxia’s shares had fallen since its March announcement.

Persons: Paul Singer’s Elliott, Daniel Loeb’s, Jerry Black, Antony Currie, Katrina Hamlin Organizations: Reuters, Toshiba, Japan Industrial Partners, Paul Singer’s Elliott Management, Farallon Capital, Thomson Locations: MUMBAI, Kioxia, Japan

☆ Can the Climate Heal Itself?
▼ + stars: | 2023-06-05 | by ( Andy Kessler | ) www.wsj.com time to read: 1 min

Persons: Andy Kessler, Gerald Loeb, Morgan Stanley Organizations: Wall, Bell Labs, Velocity Capital Locations: PaineWebber

☆ Cramer: This is my game plan for the week ahead after Friday's surprise rally
▼ + stars: | 2023-06-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

It was the compromise debt limit deal — not the employment number — that caused the market to rally. The shorts were correct to press their bets if there was no debt deal and we got an employment number that was a steamer. A short squeeze happens when short sellers having to buy stocks to cover their short positions, pushing prices higher. I say no, no more than you needed in 2011, when the debt ceiling deal led to a fantastic rally because Armageddon was avoided. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Dow, Kevin McCarthy couldn't, Charles Schumer wasn't, Joe Biden lamely, McCarthy, Biden, Ronald Reagan, Tip O'Neil, Chris Matthews, Jerome Powell, Jim Umpleby, Sanford Bernstein, FANG, it's, Locker, Estee Lauder, Fabrizio Freda, Mary Dillon, Emerson, hasn't, Jeff Marks, LULU, Powell, battlegrounds, Johnson, Jim Cramer's, Jim Cramer, Jim, Joe Biden, Kevin McCarthy, Patrick's, Saul Loeb Organizations: Republican, Assistance, Microsoft, Apple, Nvidia, Caterpillar, Fed, Emerson Electric, Devices, GE Healthcare, Jim Cramer's Charitable, CNBC, US, AFP, Getty Locations: United States, China, California, St, Washington ,

☆ Car Shopping Ain’t Broke, So the FTC Will Fix It
▼ + stars: | 2023-06-02 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

☆ McCarthy’s Debt-Ceiling Deal Meets ‘Die Hard 2’
▼ + stars: | 2023-06-01 | by ( Daniel Henninger | ) www.wsj.com time to read: 1 min

☆ 'Uber crowded' trades from professional investors are crushing the market, Jefferies says
▼ + stars: | 2023-06-01 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Professional investors' high-conviction bets have paid off this year, significantly beating the S & P 500 , according to Jefferies. These stocks have led the market this year amid Wall Street's obsession with what investors consider safe earnings, and all things tied to artificial intelligence. Microsoft is another red-hot AI bet as the company recently expanded a multiyear, multibillion-dollar investment in ChatGPT maker OpenAI, marking the third phase of their partnership. Microsoft shares are up about 39% in 2023. The company recently increased its projections for income and net new recurring revenue from its Digital Media business for the full year.

Persons: Jefferies, Bill Ackman, Stanley Druckenmiller, Dan Loeb Organizations: Big Tech, Microsoft, Meta, Google, Nvidia, Software, Adobe, Digital Media, Horizon Therapeutics

☆ Tesla’s Message to Biden
▼ + stars: | 2023-05-30 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

☆ Overlooked No More: Sultan Khan, Untrained Chess Player Who Became a Champion
▼ + stars: | 2023-05-27 | by ( Dylan Loeb Mcclain | ) www.nytimes.com time to read: +1 min

This article is part of Overlooked, a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times. In July 1929, 12 chess players gathered at Chatham House School, a venerable institution in Ramsgate, England, to contest the British championship. In addition, there were differences in the rules of chess played on the subcontinent. For example, pawns could not move two squares on their first turn, and there was no similar rule for castling. The need to adjust to how the game was played in Europe gave Khan ‌a significant handicap‌, particularly in the early phase of games‌.

☆ Finally, Can We Ask Who Really Colluded With Russia?
▼ + stars: | 2023-05-26 | by ( Holman W. Jenkins | ) www.wsj.com time to read: 1 min

☆ A.I. excitement leads to a winning week for Nvidia and other tech stocks
▼ + stars: | 2023-05-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Artificial intelligence plays led the stock market higher this week, as excitement over Nvidia's blowout earnings beat lifted other tech names. As of Friday morning, the AI darling is up nearly 22% week to date and still has 11% upside to the average analyst price target, per FactSet. However, it has about 3.5% downside to the average analyst price target. Meanwhile, Advanced Micro Devices gained nearly 18% week to date but has 15% downside to the average analyst price target. Lastly, Arista Networks has added nearly 15% so far this week and has another 4% upside to the average analyst price target.

☆ Here are big Wall Street investors' favorite A.I. bets, other than Nvidia
▼ + stars: | 2023-05-25 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

But it's not just Nvidia the smart money is betting on to power AI growth. Dan Loeb's Third Point also purchased Alphabet in the first quarter, making it the fund's fifth-biggest holding. Shares of Alphabet have rallied almost 40% this year as investors grew optimistic about the company's AI capabilities. AI software Druckenmiller revealed recently his Microsoft stake was also a bet on AI. Another AI software maker, Palantir, lately attracted buying from Ark Invest's Cathie Wood.

Persons: it's, Stanley Druckenmiller, Dan Loeb's, Bill Ackman's, Philippe Laffont’s Coatue, Stephen Mandel’s, Druckenmiller, David Tepper, Daniel Sundheim, Meta, Laffont’s Coatue, —, Samantha Subin Organizations: Nvidia, Wall Street's, Billionaire, Duquesne, Office, Google, Bill Ackman's Pershing, Capital Management, Taiwan Semiconductor, Tiger Global Management, Coatue Management, Devices, Stephen Mandel’s Lone Pine Capital, Microsoft, Meta Locations: Wall

☆ These are the next stocks to get an A.I. boost like Nvidia, according to Wall Street
▼ + stars: | 2023-05-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

But while the chipmaker remains the undisputed leader in the AI arms race, it's far from the only company benefiting from the frenzy overtaking Wall Street. NVDA 1D mountain Nvidia shares pop While Nvidia's results seem to reiterate its clear chip dominance, other names are gaining buzz on Wall Street and could see big gains as AI booms. Advanced Micro Devices Similar to Nvidia, Wall Street forecasts opportunities for Advanced Micro Devices in the near future. Needham also believes Taiwan Semiconductor's capabilities offer a "shortcut" for companies big and small looking to get into the competitive AI chip market. Its new delivery systems to help reduce power delivery network losses should also benefit shares in the long run.

Persons: Dan Loeb's, Raymond James, Brad Lin, Lin, Needham, Vivek Arya, CNBC's Michael Bloom Organizations: Nvidia, Wall, Devices, AMD, Taiwan Semiconductor Manufacturing Taiwan Semiconductor Manufacturing, Bank of America, Systems, Marvell Technology, Broadcom, Apple Locations: Taiwan

☆ Former Fed Chair Ben Bernanke says there's more work ahead to control inflation
▼ + stars: | 2023-05-23 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Saul Loeb | AFP | Getty ImagesWASHINGTON — Former Federal Reserve Chair Ben Bernanke, who guided the central bank and the U.S. economy through the Great Recession, thinks central bankers still have work to do to bring down inflation. Since leaving the Fed in 2014, Bernanke has been a distinguished senior fellow at the Brookings Institution. watch nowTheir paper notes that inflation has evolved since ballooning to a 40-year high in the summer of 2022. In a forum Tuesday presented by the Brookings Institution, Bernanke, Blanchard and other high-profile economists and academics discussed the root causes and what policymakers should do as they review policies for the future. The Fed only began raising interest rates in March 2022, a full year after its preferred inflation gauge eclipsed the target.

Persons: Ben Bernanke, Saul Loeb, Olivier Blanchard, Bernanke, Blanchard, Jason Furman, I'm, … Organizations: Federal Reserve, Thomas Laubach Research, Federal Reserve Board, AFP, Getty Images WASHINGTON, Former Federal, Fed, Brookings Institution, Peterson Institute for International Economics, of Economic Advisers, Harvard Locations: Washington , DC, U.S

☆ Hedge funds piled into these A.I. stocks during the first quarter
▼ + stars: | 2023-05-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Securities filings released this week signaled that many hedge funds also appear to be catching the AI bug. Betting on AI heavyweights Alphabet popped up as one of the most common AI plays among big investors in the first quarter. Microsoft bet billions on AI capabilities, funneling another multibillion-dollar investment in January into ChatGPT maker OpenAI. Beyond Alphabet and Microsoft Outside heavyweight giants Alphabet and Microsoft, many hedge funds beefed up other AI-related holdings in the first quarter. His Nvidia bet equaled roughly $1.4 billion at the end of March.

☆ Federal Reserve officials are growing skeptical over suspending rate hikes
▼ + stars: | 2023-05-19 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

Some officials are concerned inflation isn’t cooling fast enough, which could prompt an 11th consecutive rate hike when policymakers meet in June. Federal Reserve Board Chair Jerome Powell and former Federal Reserve Board Chair Ben Bernanke (R) participate in a discussion at the Federal Reserve Board building in Washington, DC, May 19, 2023. Saul Loeb/AFP/Getty ImagesEarlier this month, Fed officials voted unanimously to raise the benchmark lending rate by a quarter point to a range of 5-5.25%, while signaling a possible pause ahead. Of course, Fed officials’ thinking on monetary policy could drastically change if the United States defaults on its debt, which could happen as soon as June 1. Fed officials always mention that their views on interest rates largely depend on what economic indicators show, resisting taking an absolute stance on how they will vote.

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