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AdvertisementJames Cameron, the writer and director of "The Terminator," is wary of artificial general intelligence, the still theoretical version of AI that can reason as well as humans. Related storiesCameron said that while he's "bullish on AI," he's "not so keen on AGI because AGI will just be a mirror of us." "Since there is no shortage of evil in the human world, and certainly no agreement of even what good is, what could possibly go wrong?" The Future with Bill Gates," Cameron told the Microsoft cofounder that it's getting harder to write science fiction as AI progresses. Cameron also told Gates he's concerned people are putting more faith in machines and less into their sense of purpose.
Persons: James Cameron, , Cameron, AGI, Arnold Schwarzenegger, he's, Joe Maher, Bill Gates, Gates, Gates he's Organizations: Service, US Defense Department, Robotics, Getty, Netflix, Microsoft
Diabetes startup Omada Health has confidentially filed its S-1 for an IPO, BI has learned. Fellow healthcare startup Hinge Health has hired banks as it prepares to confidentially file its S-1. AdvertisementRumors about diabetes startup Omada Health's public market debut have been swirling for years. Omada Health confidentially filed its S-1 this summer to go public, according to one person with knowledge of the transaction. After 20 healthcare startups went public in 2021, only one healthcare company went public the following year — Akili Interactive, which sold for $34 million this July.
Persons: , Health confidentially, It's, Sean Duffy, Morgan Stanley, Cameron Lester, Ben Narasin, Duffy, Omada Organizations: BI, Service, Health, Lyra, Tempus, Jefferies, Venture, Amazon
A former warden at the facility told Business Insider that Combs can expect to be treated like any of the other 1,200 inmates at the Brooklyn jail. Advertisement"Any time one is being detained at the Metropolitan Detention Center, it's never going to be a picnic," Cameron Lindsay, the retired warden, told BI. Sean "Diddy" Combs is currently being housed at an infamous Brooklyn jail. "Given his status as a celebrity and a rap star, I would believe, of course, that he would be single-celled and isolated under very austere conditions," Cameron Lindsay told BI. Numerous Courts in this district have raised concerns with the horrific conditions of detention there," Combs' lawyers wrote.
Persons: , Sean, Diddy, Combs, Kelly, Sam Bankman, Ghislaine Maxwell —, it's, Cameron Lindsay, Mark Bederow, Lucas Jackson, Bederow, Robyn Tarnofsky, Lindsay Organizations: Service, Federal Bureau of Prisons, Metropolitan Detention, Business, MDC Locations: Los Angeles, Miami, Brooklyn, Manhattan, Beverly Hills
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. She didn't sign, not because she doesn't support Harris (she does) but because she sees no upside in broadcasting her political intentions. The former president has also received endorsements from famous VCs Marc Andreessen, Ben Horowitz, Doug Leone, and David Sacks. Now, executives are waiting until after the election concludes to make any decision, according to a source familiar with the matter. Publicly supporting candidates has no upside for LPs, especially considering many LPs have their own agendas, added a VC.
Persons: , Kamala, Kamala Harris, Harris, We're, Joe Biden, David Hornik, Israel —, There's, Leslie Feinzaig, VCs, Elon Musk, Trump, Marc Andreessen, Ben Horowitz, Doug Leone, David Sacks, Reid Hoffman, Reed Hastings, Ron Conway, Graham, Walker, MAGA, they're, Divya Kakkad, Sacks, Jesse Middleton, Middleton, Cameron Lester, Lester, tradespeople, ServiceTitan, I've Organizations: Service, Business, San Francisco, Lobby Capital, August, Republicans, Israel, Netflix, Graham, Craft Ventures, Jefferies, Publicly Locations: San, Silicon Valley, Los Angeles, Bay, New York
Google unnerved Silicon Valley last week when it agreed to pay $2.5 billion to license Character.AI's technology, hire its two superstar cofounders and 20 percent of employees. The deal came after AI developers Adept and Inflection both effectively sold themselves to Amazon and Microsoft, respectively, in recent months. It was only last year Character.AI raised $150 million in venture funding, which valued the company at $850 million. Its appeal as a chatbot that uses AI to make virtual characters that interact with users seems decidedly niche. Related storiesMost of the founders and investors Business Insider spoke to for this story say Google has little interest in Character.AI's actual product.
Persons: cofounders, Brent Queener, Kyle Sanford, Character.AI, Iris Sun, Noam Shazeer, Daniel De Freitas, Jack Selby, Peter Thiel's, Steve Brotman, Shazeer, De Freitas, PitchBook's Sanford, they're, Roy Bahat, Arvind Jain, Cameron Lester, Lester Organizations: Service, Microsoft, Bonfire Ventures, Business, Apple, Big Tech, AZ, Biden Administration, Federal Trade Commission, Department of Justice, Alpha Partners, FTC, DOJ, New York Times, Google, Madrona Venture, Bloomberg Beta, Jefferies
Three years after police officers in Northern California pinned a man face down for about five minutes as he begged for relief, prosecutors announced that the officers would face charges of involuntary manslaughter in the man’s death. The charges against Eric McKinley, James Fisher and Cameron Leahy, all with the Alameda Police Department at the time, in the death of Mario Gonzalez, 26, were announced on Thursday, after a review by the Alameda County district attorney’s Public Accountability Unit. The county’s previous district attorney closed the investigation into the officers in 2022, saying that the evidence did not justify criminal charges. But Pamela Price, who was elected district attorney later that year, reopened the case a year ago. The new charges were announced just days after the county’s Registrar of Voters announced that a recall campaign against Ms. Price had submitted enough signatures to proceed.
Persons: Eric McKinley, James Fisher, Cameron Leahy, Mario Gonzalez, Pamela Price, Price Organizations: Alameda Police Department, Unit, Voters Locations: Northern California, Alameda County
UK's Cameron Says He Raised Palestinian State With Netanyahu
  + stars: | 2024-02-02 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +2 min
BEIRUT (Reuters) - British Foreign Secretary David Cameron said he told Israeli Prime Minister Benjamin Netanyahu to "start talking about the things a Palestinian state can be rather than the things it can't be", reiterating British support for a two-state solution. In an interview with Lebanese broadcaster LBCI aired on Friday, Cameron said part of British policy is to say there will be a time when Britain would look to recognise a Palestinian state, including at the United Nations. Netanyahu has voiced opposition to Palestinian sovereignty, saying he will not compromise on full Israeli security control west of Jordan and that this stands contrary to a Palestinian state. "My message to him was start talking about the things that a Palestinian state could be rather than the things it can't be. Cameron last month said Palestinians in the West Bank and Gaza Strip must be given "the political perspective of a credible route to a Palestinian state and a new future" and this should be irreversible.
Persons: David Cameron, Benjamin Netanyahu, LBCI, Cameron, Netanyahu, Tom Perry, William Maclean Organizations: British, Israeli, United Nations, West Bank, Lebanese Locations: BEIRUT, Palestinian, Gaza, United States, Britain, Jordan, Israel, Lebanon, U.S, Egypt, Qatar
Beshear's national profile rose after his convincing reelection win over GOP challenger Daniel Cameron last November. The newly formed 501(c)(4) group called “Heckbent” will promote key Beshear proposals by supporting grassroots advocacy, said Eric Hyers, his chief political strategist. There was no such group to promote Beshear's agenda during his first term, when his notable legislative successes often were overshadowed by his many policy disputes with GOP lawmakers. The governor's record of legislative achievements is more checkered — something the new group will try to change with messaging that could focus on areas represented by GOP lawmakers. He's so far failed to persuade lawmakers to appropriate state funds to provide preschool for every Kentucky 4-year-old.
Persons: Andy Beshear, Daniel Cameron, Beshear, Eric Hyers, ” Hyers, Donald Trump, He's, David Osborne Organizations: , Gov, Republican, State, GOP, supermajorities, GOP House Locations: FRANKFORT, Ky, Kentucky
UK's Cameron to travel to Washington on Dec. 6
  + stars: | 2023-12-03 | by ( ) www.reuters.com   time to read: +1 min
British Foreign Secretary David Cameron looks on during a NATO foreign ministers meeting at the Alliance's headquarters in Brussels, Belgium November 28, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsDec 3 (Reuters) - British Foreign Secretary David Cameron will travel to Washington D.C. on Wednesday, Dec. 6, the UK's Foreign, Commonwealth & Development Office (FCDO) said on Sunday in his first visit to the U.S. since taking up the position last month. Cameron will undertake a programme of bilateral meetings with U.S. Secretary of State Antony Blinken, as well as meet Republican and Democratic members of Congress, the FCDO statement said. Cameron, a former British prime minister, will take part in discussions with his U.S. counterparts with a focus on supporting Ukraine in its fight against Russian aggression, the statement said. Reporting by Nilutpal Timsina in Bengaluru; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
Persons: David Cameron, Yves Herman, Cameron, Antony Blinken, Nilutpal, Sharon Singleton Organizations: British, NATO, REUTERS, Washington D.C, Foreign, Commonwealth & Development, U.S, Republican, Democratic, Thomson Locations: Brussels, Belgium, Washington, British, Ukraine, Bengaluru
Investment apps have made it too easy to check your investments, financial advisors say. Find a Qualified Financial Advisor Looking for the right advisor for you? Datalign Advisory makes finding a financial advisor specific to your needs easier than ever. "If you've done your homework or worked with someone to create a good long term investment plan, trust that it's going to work." Focus on what you can controlFinally, financial advisor Russ Ford of Wayfinder Financial says most people have limited time and mental energy to spend thinking about money.
Persons: , Thomas Kopelman, Jeff Rose, you've, Rose, Jordan Nietzel, Get, Stephen Carrigg, There's, Gregory J, Cameron L, Richard Cooke, David H, DeWitt, Russ Ford, Ford Organizations: Investment, Service, Dow Jones, Trek Wealth, SEC, Bentron Financial, of Sound Foundation, Advisors, Vincere Wealth Management, DeWitt Capital Management, Wayfinder Locations: Indianapolis, DeWitt
"David Cameron was a disastrous PM. Britain's former Prime Minister and newly appointed Foreign Secretary David Cameron walks outside 10 Downing Street in London, Britain November 13, 2023. "David Cameron was at the heart of the biggest lobbying scandal of recent times," said the Liberal Democrat party's foreign affairs spokesperson Layla Moran. "I understand there's a lot of baggage that comes with David Cameron," Conservative lawmaker Tobias Ellwood told Times Radio. Theresa May, who replaced Cameron as prime minister before being ousted herself amid a party rebellion over Brexit three years later, said his experience would be invaluable.
Persons: David Cameron, Rishi Sunak, Sunak, Cameron, Vladimir Putin, Xi Jinping, Steve Tsang, David Lammy, Suzanne Plunkett, Layla Moran, Akshata Murthy, Tobias Ellwood, Dehenna Davidson, Theresa May, Martin Pollard, Alex Richardson Organizations: Downing, European Union, Conservative Party, China Institute, SOAS University of London, Reuters, Labour Party, REUTERS, Conservative, Liberal Democrat, Eton College, Times Radio, Thomson Locations: European, Britain, China, Beijing, London, Downing
LONDON, ENGLAND - JUNE 19: Former British Prime Minister David Cameron leaves after giving evidence at the Covid-19 inquiry on June 19, 2023 in London, England. The UK Covid-19 Inquiry is examining the UK's response to and impact of the Covid-19 pandemic and learning lessons for the future. Cameron served as prime minister from 2010 to 2016 and presided over Britain's controversial Brexit vote, which ultimately led to his resignation. 10 — the official residence and office of the British prime minister — to meet with Sunak, following the abrupt sacking of Suella Braverman as interior minister. Finance Minister Jeremy Hunt remains in his post, though further reappointments at the top of government are expected Monday.
Persons: David Cameron, Carl Court, Sunak, Cameron, , Suella, Cameron's, King Charles III, James, Jeremy Hunt Organizations: British, Tories, China, Conservative Party, Labour, The Times, Downing, London, Finance Locations: ENGLAND, London, England, China, Ukraine, Rwanda
London CNN —Ever since he became British prime minister a little over a year ago, Rishi Sunak has tried to bring calm to the chaotic government he inherited. That might all have changed on Monday when Sunak surprised the Westminster establishment by appointing former Prime Minister David Cameron as his new foreign secretary. He was very much from the center of the Conservative Party and led the campaign to remain in the European Union. David Cameron leaves 10 Downing Street after being appointed foreign secretary by Prime Minister Rishi Sunak on November 13, 2023. British Prime Minister David Cameron resigns on the steps of 10 Downing Street in 2016.
Persons: London CNN —, Rishi Sunak, Liz Truss, Boris Johnson’s, Sunak, David Cameron, Suella Braverman, Cameron, Cameron’s, Carl Court, Braverman, Johnson, Toby Melville Toby Melville, Braverman’s, Matt Cardy, shouldn’t, it’s, don’t Organizations: London CNN, Conservative Party, European Union, Conservatives, Conservative, Britian's, REUTERS, Downing, European Liberal Democrats, Liberal Democrats, CNN Locations: British, Westminster, Brexit, London, Britain, Rwanda
“I’m sick of Republicans losing,” Florida Governor Ron DeSantis said. DeSantis has long contrasted his successful re-election last year in Florida with Republican setbacks in the last few elections, including Trump’s loss in 2020. Entrepreneur Vivek Ramaswamy blamed Ronna McDaniel, the chair of the Republican National Committee, instead of Trump, for the party’s recent performance. After circling each other for half the debate, they finally went on the attack over the other's dealings with China. The DeSantis campaign, meanwhile, has tried to attack Haley on that issue, accusing her of welcoming a Chinese company into her state.
Persons: Nikki Haley, Vivek Ramaswamy's, Ron DeSantis, Adrienne Arsht, Donald Trump’s, , DeSantis, Trump, Republican Daniel Cameron, Andy Beshear, Vivek Ramaswamy, Ronna McDaniel, “ We’ve, , ” McDaniel, RAMASWAMY, Ramaswamy, Dick Cheney, you've, Haley, ” Haley, Ramaswamy wasn’t, Haley won’t, HALEY, James Oliphant, Gram Slattery, Colleen Jenkins, Deepa Babington Organizations: South Carolina, Republican, U.S, NBC News, , Wednesday, Republican National Committee, RNC, Trump, Thomson Locations: Ukraine, Florida, MIAMI, Miami, ” Florida, Kentucky, Ohio, Virginia, Israel, Europe, CHINA, China, South Carolina, DeSantis, Washington
The administration approved five U.S. LNG export licenses to serve the European market following Russia's invasion, having approved none beforehand. U.S. special climate envoy John Kerry told Reuters last year that greenhouse gas emissions were an inevitable "downside" to increasing LNG exports to European allies. CO2 emissions from the energy-intensive process of liquefying gas for export mark only one stage in the industry's overall climate impact. Critics argue that it is unclear whether the U.S. gas export boom to Europe is displacing coal or delaying a transition to renewables like solar and wind. NextDecade Corp has said its proposed terminal near Brownsville, Texas, could remove more than 90% of its expected 6.4 million tons per year of carbon emissions.
Persons: Arathy, Biden, John Kerry, Robert Fee, Critics, Alexandra Shaykevich, Sempra, Susan Richardson, Tim McLaughlin, Richard Valdmanis, Suzanne Goldenberg Organizations: Reuters, Cheniere Energy, United, U.S . Environmental Protection Agency, Federal Energy Regulatory, Biden White, LNG, The Energy Department, FERC, U.S, Energy Information Administration, Reuters Graphics, Washington, Venture Global, CCS, SEC, Talos Energy, NextDecade, Thomson Locations: Freeport, U.S, Freeport , Texas, United States, Russia, Ukraine, Europe, Texas, Cameron, Louisiana, Brownsville , Texas
In Ohio, a mostly red state, voters explicitly wrote into their state constitution a right to an abortion up until the point of fetal viability. An exit poll of Ohio voters found that 6 in 10 voters were still angry about the Supreme Court's landmark ruling in Dobbs v. Jackson. But in its absence, they have created an electoral albatross that abortion rights advocates have hung on GOP candidates up and down the ballot throughout the nation. The Virginia legislative races were defined by abortion rights, as Democrats seemingly rejected the GOP push to institute a 15-week abortion ban in the Commonwealth, which currently allows abortions through the second trimester — or approximately 26 weeks. Beshear, who supports abortion rights, sought to paint Cameron as out of the mainstream on the issue.
Persons: , Roe, Wade, Glenn Youngkin's, Jackson, Republicans —, Joe Biden's, Ohioans, Glenn Youngkin, Alex Wong, Youngkin, Andy Beshear, Daniel Cameron, Michael Swensen, Andy Beshear —, Steve Beshear —, Hadley Duvall, Duvall, Cameron, Beshear Organizations: Democrats, Service, Democratic Party, Republican Gov, Republicans, GOP, Voters, Ohio, Democratic, Gov Locations: Ohio, Virginia, Dobbs v, Commonwealth, Richmond, Hampton, , Northern Virginia, Kentucky, Kentucky . Kentucky, Frankfort
Trump has created a Republican Party that struggles mightily when he's not on the ballot. At the same time, the former president's unpopularity can make him radioactive to once-loyal GOP voters. It's unclear how the Republican Party will chart its future out of this current trap. AdvertisementAdvertisementThe Republican Party is in disarray. "Daniel Cameron lost because he couldn't alleviate the stench of Mitch McConnell," Trump wrote on Truth, his social media platform, just days after effusively praising Cameron.
Persons: Trump, he's, , Donald Trump, Andy Beshear, Joe Biden, Glenn Youngkin's, Nate Silver, Erick Erickson, Daniel Cameron, Mitch McConnell, Cameron, McConnell, Romney, MAGA, Obama, Biden, Kevin McCarthy, Marjorie Taylor Greene, Tuesday's Organizations: Republican Party, GOP, Service, Kentucky Gov, Trump, Alabama, Republican, Tea Party, House Republicans, Republicans, Beshear, Chamber, Commerce, Party of Locations: Virginia, Georgia, Arizona, Lincoln, Iowa, Florida
GOP nominees in both states — Kentucky Attorney General Daniel Cameron and first-term Mississippi Gov. '”In 2020, then-President Donald Trump won 62% of the vote in Kentucky and 58% in Mississippi in his loss to Biden. In Mississippi, Reeves put aside anti-Biden rhetoric when he appeared with the president to survey tornado damage in March. “Well, I say a vote for him is a vote for the corrupt system in place,” Presley said of Reeves. A vote for Brandon Presley is a vote for Brandon Presley.”___Emily Wagster Pettus reported from Jackson, Mississippi.
Persons: Joe Biden, Daniel Cameron, Tate Reeves —, Carrie Archie Russell, Donald Trump, Biden, ” Russell, there's, Andy Beshear, He's, Steve Beshear, Matt Bevin, Brandon Presley, Elvis Presley —, Reeves, ” Beshear, Beshear, Cameron, , ” Cameron, Presley, you’ve, ” Reeves, “ You’ve, You’ve, Bennie, Brandon, ” Bennie, Bennie Thompson, , Thompson, ” Presley, , Emily Wagster Pettus Organizations: Republican, Democratic, Vanderbilt University, Republican Party, Democrat, Biden, Trump, Beshear, Kentucky Chamber of Commerce, Democrats, Democratic U.S . Rep, U.S . Capitol, of Human Services Locations: LOUISVILLE, Ky, Kentucky, Mississippi, it's, nationalize, In Mississippi, U.S, ” In Mississippi, Mississippi’s, America, Jackson , Mississippi
13 Oregon rallied for a 38-30 victory over Texas Tech on Saturday night. Gino Garcia was 2 of 6 for the season when he made a 45-yard field goal to give Texas Tech a 30-28 lead with 5:13 remaining. Texas Tech: The Red Raiders figured to be able to put the disappointing of the loss to Wyoming behind them with a high-profile home opener, and they did. While the 0-2 start stings, Texas Tech was in position for an important bounce-back win. Texas Tech: The first-ever meeting with Tarleton State is next Saturday.
Persons: — Bo Nix, Jeffrey Bassa, Tyler Shough, Nix, Cameron Lewis, Shough, Brandon Dorlus, Bryan Addison, Gino Garcia, Lewis, Malik Dunlap, Troy Franklin, Franklin Organizations: Oregon, Texas Tech, Red Raiders, Ducks, Raiders, Wyoming, . Texas Tech, Tarleton State, AP Locations: LUBBOCK , Texas, Bassa, Shough, Oregon, Wyoming, Texas, Hawaii, Tarleton
NFL roundup: Colts use big 4th quarter to storm past Bears
  + stars: | 2023-08-20 | by ( ) www.reuters.com   time to read: +8 min
[1/5] Aug 19, 2023; Indianapolis, Indiana, USA; Indianapolis Colts quarterback Sam Ehlinger (4) after the game against the Chicago Bears at Lucas Oil Stadium. Beathard completed 12 of 20 passes for 138 yards with one touchdown and one interception for the Jaguars (2-0). Nate Sudfeld completed 9 of 18 passes for 80 yards with a touchdown and an interception for the Lions (1-1). Teammate John Wolford was 4-for-4 for 57 yards before leaving the game with a neck injury in the third quarter. With Aaron Rodgers sitting out the game, Jets backup quarterback Zach Wilson completed 9 of 13 passes for 70 yards.
Persons: Sam Ehlinger, Trevor Ruszkowski, Ehlinger, Jake Funk's, Matt Gay, Daurice Fountain, Nathan Peterman, Justin Fields, Isaiah Bolden, Bolden, Calvin Munson, Malik Heath, Bailey Zappe, Jordan Love, D'Ernest Johnson, Tank Bigsby, Beathard, Trevor Lawrence, Parker Washington, Teddy Bridgewater, Nate Sudfeld, Skylar Thompson, Tua Tagovailoa, Thompson, Salvon Ahmed, C.J, Stroud, Ka'imi Fairbairn, Kenny Pickett, Matt Barkley, Jaylen Warren, Pat Freiermuth, Josh Allen, Barkley, Joey Porter Jr, Chandon Sullivan, Elijay Riley, Kyle Allen, Justin Shorter, Trey Palmer, Kyle Trask, Trask, John Wolford, Wolford, Greg Zuerlein, Aaron Rodgers, Zach Wilson, Patrick Mahomes, Blaine Gabbert, Shane Buechele, Buechele, Chris Oladokun, Matt Prater's, Clayton Tune, Malik Willis, Julius Chestnut, Willis, Nick Mullens, Jake Moody's, Trey Lance, Cameron Latu, Francisco, Lance, Jarrett Stidham, Ben DiNucci, Jaleel McLaughlin, Brian Hoyer, Aidan O'Connell, Isaiah Pola, Daniel Carlson's, Stetson Bennett, SaRodorick Thompson Jr, Drew Lock, Dak Prescott, Cooper Rush, Will Grier, Rush, Rico Dowdle Organizations: Indianapolis Colts, Chicago Bears, Lucas Oil, NFL, Colts, Indianapolis, Bears, Patriots, Packers, Pats, Jaguars, Lions, Detroit, Jacksonville, Dolphins, Texans, Miami, Houston, Steelers, Bills, Pittsburgh, Buffalo, Buccaneers, Jets, Tampa Bay, Chiefs, Cardinals, Kansas City, Vikings, Tennessee, Minnesota, Titans, 49ers, Broncos, Denver, The 49ers, Raiders, Rams, Las Vegas, The Raiders, Seahawks, Cowboys, Dallas, Seattle, Thomson Locations: Indianapolis , Indiana, USA, New England, Green, England, Jacksonville, Pickett, Tampa, New York, East Rutherford, N.J, Arizona, Glendale, Ariz, Minneapolis, Minnesota, Santa Clara, Calif, Los Angeles, Inglewood , Calif, Vegas, Seattle
The facility limits him to two peanut butter jelly sandwiches every two weeks. Embattled ex-FTX CEO Sam Bankman-Fried is going to miss having his peanut butter and jelly sandwiches in prison. For starters, he will be only limited to two peanut butter jelly sandwiches every two weeks while in prison. According to the commissary list, Bankman-Fried can only purchase two peanut butter and jelly sandwiches at $3.65 each per visit. That could be tough for Bankman-Fried, a vegan who said he subsisted on peanut butter when he was incarcerated in the Bahamas last year.
Persons: Sam Bankman, Fried, Lewis Kaplan, Cameron Lindsay, it's Organizations: Metropolitan Detention, Morning, US, New York Times, of Prisons, Bankman Locations: Brooklyn, Bahamas, Alameda
The Nasdaq-100 index is getting a makeover. Here's how
  + stars: | 2023-07-14 | by ( Krystal Hur | ) edition.cnn.com   time to read: +5 min
CNN —The Nasdaq-100 index is getting a fresh look. What happened: The index comprises 100 of the largest non-financial companies listed on the Nasdaq. Seven companies listed in the Nasdaq-100 accounted for roughly 51% of the index as of June 3, according to a note by Louis Navellier, chairman of Navellier & Associates. The Nasdaq is looking to fix that problem – without changing any of the stocks in the index. Nasdaq won’t remove or add any stocks to the index during this rebalance, according to the release.
Persons: Louis Navellier, Apple, Donald Calcagni, , What’s, Cameron Lilja, Bob Iger, Ron DeSantis, Tucker Carlson, ” Iger, Read, Hanna Ziady Organizations: CNN Business, Bell, CNN, Nasdaq, Navellier, Associates, Microsoft, Nvidia, Tesla, Apple, Mercer Advisors, Stocks, Florida Gov, Disney, Fox News, CNBC, McKinsey Global Institute Locations: Europe, Florida
That compares with a 14.8% gain for the benchmark S&P 500 (.SPX). Microsoft (MSFT.O), Apple (AAPL.O), Nvidia (NVDA.O), Amazon.com (AMZN.O) and Tesla (TSLA.O) combined account for 43.8% weight in the index, according to Refinitiv data as of Monday's close. The special rebalancing may be conducted at any time if the aggregate weight of companies, each having more than 4.5% weight in the index, tops 48%, according to Nasdaq. COULD THE S&P 500 FOLLOW SUIT? Apple and Microsoft are the only two firms with weight over 4.5% in the S&P 500.
Persons: Hogan, Cameron Lilja, Dow, Wells, Sam Stovall, Sruthi Shankar, Medha Singh, Bansari, David Randall, Shounak Dasgupta Organizations: Nasdaq, Microsoft, Apple, Nvidia, Riley, U.S . Securities, Exchange, Dow Jones, Tesla, Booking Holdings, Gilead Sciences, Devices, CFRA, Thomson Locations: Wells, Gilead, Bengaluru, New York
Silicon Valley is bracing for what it fears will be an "extinction event" threatening the survival of hundreds of startups. Tom Loverro, a investor at 40-year-old Bay Area venture capital firm IVP, has been loudly warning for months on Twitter and in media interviews about a coming "mass extinction event" for startups. The total volume of venture capital investment into US startups has slumped for six consecutive quarters, according to data firm Pitchbook. Even a last-ditch slashing of the startup's prospective valuation — a "down-round," in Silicon Valley parlance — didn't whet investors' appetites. Over the past year, many startups that rely on Silicon Valley funding have been steeling themselves for the slowdown to avoid similar fates.
Persons: , they're, Jennifer Neundorfer, That's, Tom Loverro, Loverro, Consuelo Vanderbilt, Vanderbilt, Cameron Lester, I've, Lester, Linda Ahrens, Ahrens, Unown, " Ahrens, Anna Dittrich, Plastiq, Vincent Harrison, Elad Gil, Steve Brotman, Brotman, Will Hawthorne, VC's, Mike Ryan, Pitchbook's Harrison, Sell, Hawthorne Organizations: Ventures, Sequoia Capital, , Venture, Twitter, United States Federal Reserve, Jefferies, January Ventures, Alpha Partners, Avid Capital, Sugar, Menlo, BulletPoint Network Locations: Silicon, Sequoia, IVP, Valley, Instacart, Navan, Boston, Snowflake, America
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
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