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☆ Apple has a new batch of AI features arriving in time for the holidays
▼ + stars: | 2024-11-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Apple is expected to expand Apple Intelligence with an iOS 18.2 update on December 2. Apple said it plans to build out Apple Intelligence over the next several months, with drops in December and April. Related Video How AI will change the iPhone and other Apple productsWith visual intelligence, Apple said iPhone 16 owners can use their new Camera Control button to get information on objects or places — or translate languages with AI. While its rivals have been quick to announce and launch their AI offerings, Apple is taking a slower approach. Apple Intelligence was announced at the Worldwide Developer Conference in June.

Persons: —, Apple, Siri Organizations: Apple, Apple Intelligence, Service, Bloomberg, Microsoft, Meta, Worldwide, Conference

☆ Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
▼ + stars: | 2024-10-30 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Don't let the after-hours stock action fool you, Meta Platforms delivered one heck of a strong third quarter and a current quarter revenue guide above expectations. Ok, now that the "bad" is out of the way, let's look at what investors should really be focused on as they consider what to do with Meta stock. Meta Platforms Why we own it : We value Meta Platforms for its targeted advertising dominance. Notably, Meta AI, the company's version of a ChatGPT-type generative artificial intelligence search/answer engine, now has over 500 million monthly active users. Looking ahead to 2025, the team noted on the release, "We continue to expect significant capital expenditures growth in 2025.

Persons: biggie, that's, China's ByteDance, Mark Zuckerberg, Jensen Huang, Zuckerberg, we're, Meta, it's, haven't, Jim Cramer's, Jim Cramer, Jim, Andrej Sokolow Organizations: LSEG, Meta, People, Management, China's, Reality Labs, Nvidia, ., Facebook, CNBC, Getty Locations: Ray, capex

☆ Five Apple Intelligence features that you can try out now on your iPhone
▼ + stars: | 2024-10-29 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Apple released AI features for the iPhone 15 Pro and later models with Monday's iOS 18.1 update. AdvertisementThe first Apple Intelligence features are out now. Jordan Hart/BIThe "writing tools" feature has been one of the more visible Apple Intelligence features since it was first announced in June. Jordan Hart/BIWith Apple Intelligence enabled on the Messages app, iPhone owners can get texts summarized in the notification center. Apple, in a disclaimer on its website, said Apple Intelligence "outputs may vary."

Persons: —, that's, Max, Jordan Hart, Hey, Desmond Organizations: Apple, Apple Intelligence, Service, Worldwide, Conference, Bloomberg, Kansas City Chiefs, Chiefs, Raiders

☆ It's a big week for Apple. Here's what to expect.
▼ + stars: | 2024-10-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Apple has a slate of announcements expected this week on top of earnings. Its long-awaited Apple Intelligence is expected to launch with software updates. Apple marketing head Greg Joswiak told his X followers on Thursday to "Mac" their calendars for a week of announcements from the tech giant. Apple Intelligence was a major talking point during the third-quarter earnings call. "With Apple Intelligence, we're very excited about the level of value we're going to provide to users," Cook said on theAugust callt.

Persons: Greg Joswiak, —, ince, ro, Organizations: Apple, Apple Intelligence, Service

☆ Apple releases new preview of its AI, including ChatGPT integration
▼ + stars: | 2024-10-23 | by ( Kif Leswing | ) www.nbcnews.com time to read: +3 min

Apple on Wednesday released a beta version of a slew of Apple Intelligence features, including its long-awaited ChatGPT integration. The preview included with iOS 18.2 contains:New abilities to describe how the user wants Apple Intelligence to rewrite a chunk of text. At the company’s developer conference, Apple showed how the ChatGPT integration will work. Apple execs have also suggested that other AI models, such as those from Google, may also integrate with Apple Intelligence in the future. Some Apple Intelligence features are already in testing by the public, and will be released next week as part of iOS 18.1.

Persons: Apple, Siri, OpenAI’s chatbot, ChatGPT, Sam Altman, OpenAI, Apple execs Organizations: Apple, Apple Intelligence, ChatGPT, Visual Intelligence, Microsoft, Google, iOS

☆ These 5 portfolio stocks outperformed the market's incredible run since our September Monthly Meeting
▼ + stars: | 2024-10-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

We did hold onto our rate-sensitive names like Wells Fargo and Morgan Stanley , which were among the best performers since the last Monthly Meeting. Morgan Stanley: 16.2% Following the Fed's decision, shares advanced as investors became more optimistic about a soft landing for the U.S. economy. Morgan Stanley benefits from lower rates — and, in turn, a better economy — because it can usher in more Wall Street dealmaking such as initial public offerings and mergers and acquisitions. That's because the Club has been debating exiting Morgan Stanley altogether for a potentially better investment banking rebound play like Goldman Sachs. Morgan Stanley reiterated its buy-equivalent rating on Oct. 10, arguing that Eaton has a positive setup into earnings season.

Persons: It's, Wells, Morgan Stanley, Morgan, Goldman Sachs, Morgan Stanley's, Salesforce, Marc Benioff, Piper Sandler, Guggenheim, Meta, Eaton, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Dow Jones Industrial, Dow, Procter, Gamble, Meta, Fed, Northland Capital Markets, UBS, Citigroup, Analysts, JPMorgan, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: U.S, Wells Fargo, Salesforce, Eaton, Tuesday's, Northland

☆ Apple could launch a ring to rival Samsung by 2026, research firm predicts
▼ + stars: | 2024-10-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTApple CEO Tim Cook gestures during the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | ReutersApple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant's focus on health. In fact, I would go so far as to say, at the point that Tim Cook decides to relinquish control and he retires ... "Given how deeply and personally invested Tim Cook is in health, I think that a ring is a very complimentary extension to Apple," he said, referring to Apple CEO Cook. Similar to smartwatches, a smart ring is embedded with various sensors to track health metrics like heart rate.

Persons: Tim Cook, Carlos Barria, Ben Wood, CNBC's, Cook, Wood Organizations: Reuters Apple, Samsung, CCS Insight, Apple, Apple Watch, Samsung Galaxy, South Locations: Cupertino , California, U.S, Cupertino, South Korean

☆ Meta is ready to inject AI images of you into your Instagram and Facebook feeds
▼ + stars: | 2024-10-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Meta is testing bringing more AI-generated content to some users' experiences on Facebook and Instagram. The expanded features will show AI-generated images in some users' feeds. AdvertisementMeta is experimenting with serving more AI-generated images and content to Facebook and Instagram users. The company will now show some users images of themselves generated by Meta AI in their Facebook and Instagram feeds, it announced at its annual developer conference, Meta Connect, last week. MetaHowever, the new AI content added to feeds could be "based on your interests or current trends," the company announced.

Persons: —, Matt Navarra, Navarra, There's, Kevin Roose, you've, Roose Organizations: Facebook, Service, Meta, Meta Connect, Social, The New York Times Locations: Navarra

☆ Mark Zuckerberg is now world's second-richest person, ahead of Jeff Bezos
▼ + stars: | 2024-10-03 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world's second richest person. The Facebook co-founder now trails Tesla chief Elon Musk by roughly $50 billion, the index showed. Meta has pointed to its hefty artificial intelligence investments as helping improve the performance of its online advertising platform as a reason for its sales growth. The company's online advertising system suffered a major setback in 2021 when Apple introduced an iOS privacy update that weakened its ability to track users across the web. Investors reacted favorably to Meta's cost cutting while the company's online advertising business began to rebound and was bolstered by the massive digital ad spending campaigns by Chinese-linked retailers Temu and Shien.

Persons: Mark Zuckerberg, Jeff Bezos, Elon Musk, Meta, Zuckerberg Organizations: Meta, Facebook, Bloomberg, Amazon, Apple, Investors, Orion, CNBC Locations: Meta

☆ 10 things to watch in the stock market Thursday, including the Micron-fueled chip rally
▼ + stars: | 2024-09-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

10 things to watch Thursday, Sept. 26 — Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. China stocks rallied again — this time on signs the Chinese government is prepared to add fiscal stimulus to this week's central bank monetary stimulus. Nvidia and Advanced Micro Devices are Club stocks. China stocks rallied again — this time on signs the Chinese government is prepared to add fiscal stimulus to this week's central bank monetary stimulus. Nvidia and Advanced Micro Devices are Club stocks.

Persons: Jeff Marks, Jim Cramer, Bernstein, Brian Niccol, that's, Mark Zuckerberg, Jensen Huang, Elliott, Truist, Eaton, Morgan Stanley, Jefferies, Hershey, Jim Cramer's, Jim Organizations: Micron, AMD, Nvidia, Devices, Starbucks, Club, GE Healthcare, UBS, Bank of America, JPMorgan, Meta, Southwest Airlines, Elliott Management, GE, Jefferies, Wells, Jim Cramer's Charitable, CNBC Locations: China

☆ Meta CTO explains why it was important for Mark Zuckerberg to show off $10,000 smart glasses you can't buy
▼ + stars: | 2024-09-26 | by ( Jaures Yip | ) www.businessinsider.com time to read: +6 min

Meta unveiled its Orion AR glasses at the Meta Connect 2024 developer conference. Meta's CTO explained why it was important to show what the investment led to — even if you can't buy the glasses yet. But on Wednesday's Meta Connect 2024 developer conference, the CEO was finally able to unveil what many of those billions had been spent developing: the Orion AR glasses. AdvertisementMeta's Orion AR glasses, which feature displays built into the lenses and an array of sensors. AdvertisementMark Zuckerberg shows off the Orion AR glasses prototype at Meta Connect 2024.

Persons: Meta, —, Mark Zuckerberg's, He's, Zuckerberg, Andrew Bosworth, Stratechery's Ben Thompson, Bosworth, Mark Zuckerberg, Tim Cook, it's, Thompson Organizations: Orion, Meta, Service, Reality Labs, Facebook, Apple, Google, Apple Vision Pro, Meta's

☆ Meta unveils Orion AR glasses
▼ + stars: | 2024-09-25 | 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 EmailMeta unveils Orion AR glassesCNBC's Julia Boorstin joins 'The Exchange' to report on Meta as the social media giant announces Orion AR glasses at its annual developer conference, Connect.

Persons: Julia Boorstin Organizations: Meta

☆ Watch CNBC's full interview with Slow Ventures' Sam Lessin and Rosenblatt's Barton Crockett on Meta
▼ + stars: | 2024-09-25 | 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 EmailWatch CNBC's full interview with Slow Ventures' Sam Lessin and Rosenblatt's Barton Crockett on MetaSam Lessin, Slow Ventures co-founder, and Barton Crockett, senior internet analyst at Rosenblatt Securities, join 'The Exchange' to discuss Meta as the social media giant's annual developer conference Connect kicks off on Wednesday.

Persons: Sam Lessin, Rosenblatt's Barton Crockett, Barton Crockett Organizations: Slow Ventures, Rosenblatt Securities, Meta

☆ Things are looking up for the economy. So why are consumers still unhappy?
▼ + stars: | 2024-09-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, the economy is heading in the right direction, but consumers aren't buying it . Things seem to be going really well for the economy, right? Consumers aren't feeling bullish about the economy these days. Last time around, pesky inflation was keeping things like groceries and housing costs high, even as the rest of the economy showed improvement. China's stimulus plan to boost its ailing economy sent emerging markets indexes to their highest level since April 2022 .

Persons: —, Rebecca Zisser, We've, Insider's Juliana Kaplan, Spencer Platt, Getty, Tyler Le, We'll, Morgan, Mike Wilson, Steven Blitz, China's, aren't, Chelsea Jia Feng, weren't, Natalie Ammari, that's, Ron Sherman, Gen, Mark Zuckerberg, Dan DeFrancesco, Jack Sommers, Jordan Parker Erb, Amanda Yen Organizations: Service, Business, Federal Reserve, Conference Board, Fed, Chelsea, Spotify, Visa, US Justice Department, Prosecutors, Meta Locations: Austin , Texas, New York, London

☆ Mark Zuckerberg's prototype AR shades get a cool review from Nvidia's Jensen Huang
▼ + stars: | 2024-09-25 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

The chunky black frames, demonstrated by CEO Mark Zuckerberg, are still in development with no timeline on launch. However, the Orion shades represent a first look at the company's holographic AR glasses ambitions. They represent the convergence of the company's Quest line of headsets and its Ray-Ban Meta Smart Glasses, which Jim Cramer has been praising for months and months now. During his Connect keynote Wednesday, Zuckerberg shared a montage of user experiences with the Orion glasses, showing first impressions from notable celebrities. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: —, Mark Zuckerberg, Jim Cramer, Zuckerberg, Orion, Jensen Huang, Huang, it's, Jim Cramer's, Jim, Manuel Orbegozo Organizations: Meta, Orion, Nvidia, Apple, CNBC Locations: Menlo Park , California, U.S

☆ Meta announces new capabilities for Ray-Ban smart glasses
▼ + stars: | 2024-09-25 | 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 EmailMeta announces new capabilities for Ray-Ban smart glassesCNBC's Julia Boorstin joins 'The Exchange' to report on Meta as the social media giant announces new capabilities for Ray-Ban smart glasses at its annual developer conference, Connect.

Persons: Julia Boorstin Organizations: Meta, Ray

☆ Meta Connect 2024 live updates: Mark Zuckerberg expected to talk about AI and give update on Ray-Ban smart glasses in keynote speech
▼ + stars: | 2024-09-25 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Meta Connect 2024 kicks off at 1 p.m. The CEO is expected to talk about AI, Meta's Ray-Bans and Quest, and demo the "Orion" AR glasses prototype. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meta Connect kicks off on Wednesday afternoon, and the tech industry is anticipating some flashy new hardware.

Persons: Mark Zuckerberg, Meta's Ray, —, it's Organizations: Service, Meta, Business

☆ Meta Connect 2024 kicks off
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta Connect 2024 kicks offCNBC's Julia Boorstin joins 'The Exchange' to report on Meta as the social media giant's annual developer conference Connect kicks off on Wednesday.

Persons: CNBC's Julia Boorstin Organizations: Meta

Although he increased his price target to $150 from $130, the new price target is just around $2 higher from Tuesday's close price. — Fred Imbert 6:46 a.m.: Citi raises Roblox price target Citi is bullish on Roblox's long-term prospects in spite of some near-term rockiness. — Hakyung Kim 5:42 a.m.: Piper Sandler raises price target on Tesla Piper Sandler thinks Tesla may sell more vehicles than the firm previously expected. With this in mind, he raised his price target on Tesla shares to $310 from $300, signaling about 22% upside from Wednesday's close. TSLA YTD mountain TSLA year to date — Hakyung Kim 5:42 a.m.: Barclays upgrades Hewlett Packard Enterprise Rising demand for artificial intelligence servers will boost Hewlett Packard Enterprise shares, according to Barclays.

Persons: Piper Sandler, TD Cowen downgrades Expedia TD Cowen, Kevin Kopelman, Kopelman, EXPE, — Hakyung Kim, Morgan Stanley, Ford Morgan Stanley's Adam Jonas, Jonas, Ford, Fred Imbert, Jason Bazinet, we're, Bazinet, Roblox, Alex Straton, Straton, JPMorgan, Rodolfo Angele, Angele, Tesla Piper Sandler, Tesla, Alexander Potter, Potter, Hakyung Kim, Tim Long, HPE, Long Organizations: CNBC, Barclays, Hewlett Packard Enterprise, U.S, Ford Motor, GM, Citi, Nike, JPMorgan, Petrobras, Tesla, Hewlett, Enterprise, Juniper Networks Locations: China, U.S, Tuesday's, XLK

☆ Meta unveils cheaper $299 Quest 3S VR headset
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta unveils cheaper $299 Quest 3S VR headsetCNBC's Julia Boorstin joins 'The Exchange' to report on Meta as the social media giant announces its cheaper $299 Quest 3S VR headset at the annual developer conference, Connect.

Persons: Julia Boorstin Organizations: Meta

☆ Mark Zuckerberg is a 'long-term thinker,' says Slow Ventures’ Sam Lessin
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMark Zuckerberg is a 'long-term thinker,' says Slow Ventures’ Sam LessinSam Lessin, Slow Ventures co-founder, and Barton Crockett, senior internet analyst at Rosenblatt Securities, join 'The Exchange' to discuss Meta as the social media giant's annual developer conference Connect kicks off on Wednesday.

Persons: Mark Zuckerberg, Sam Lessin Sam Lessin, Barton Crockett Organizations: Slow Ventures, Rosenblatt Securities, Meta

☆ Meta Connect 2024 live updates: Mark Zuckerberg expected to talk AI, a new Quest, and give updates on the Ray-Ban smart glasses in keynote speech
▼ + stars: | 2024-09-25 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Persons: Mark Zuckerberg, Meta's Ray, —, it's Organizations: Service, Meta, Business

☆ Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
▼ + stars: | 2024-09-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft CEO Satya Nadella speaks during the company's Build developer conference in Seattle on May 21, 2024. Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power them. The group aims to assemble $30 billion of initial capital, with a future goal of bringing in up to $100 billion, including from debt financing. Microsoft said in July that fiscal fourth-quarter capital spending, including assets acquired under finance leases, totaled $19 billion. In January, BlackRock announced its intent to acquire GIP for $3 billion in cash and around 12 million shares of BlackRock common stock.

Persons: Satya Nadella, chatbot, MGX, Abu Dhabi's Mubadala Organizations: Microsoft, BlackRock, Artificial Intelligence Infrastructure Investment Partnership, Global Infrastructure Partners, United, Tech, Nvidia Locations: Seattle, United Arab Emirates, BlackRock

☆ Roblox will let developers sell games for real dollars as it expands beyond virtual currency
▼ + stars: | 2024-09-06 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +1 min

The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021. Roblox , the popular kid's gaming platform that generates billions of dollars a year in the virtual world, is getting real. The company said on Friday that some game developers on the platform will be able to charge users real money rather than relying on payments through Roblox's digital currency called Robux. Game creators can now more easily sell to users without dealing with an intermediary virtual currency. It's part of the company's ambitious plans to facilitate 10% of all global gaming content sales through the Roblox platform and reach 300 million daily active users.

Persons: Manuel Bronstein Organizations: New York Stock Exchange, Roblox Locations: San Jose , California

☆ Google launches first AI-powered Android update and new Pixel 9 phones
▼ + stars: | 2024-08-13 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

In this article GOOG Follow your favorite stocks CREATE FREE ACCOUNTGoogle announced its first smartphone fully powered by its AI "Gemini" system. Google on Tuesday announced new artificial intelligence features that are coming to Android devices. Google doesn't make a lot of money from its hardware business but the latest Android features could help drive new revenue through the company's Gemini AI subscription program. Google previously had some AI features in Android, but this is the first year it's heavily emphasizing new capabilities powered by a large AI language model installed on devices. New Pixel 9 phones and Pixel Watch 3Zoom In Icon Arrows pointing outwards

Persons: Sameer Samat, Samat, Gemini, Siri Organizations: Google, Gemini, Apple, YouTube, Gmail, Apple Intelligence

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