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☆ Inside Amazon's agonizing attempt to save Alexa with AI
▼ + stars: | 2024-11-19 | by ( Eugene Kim | ) www.businessinsider.com time to read: +12 min

AdvertisementCustomer-friction concerns, partnership hiccups, compatibility questions, latency problems, and accuracy issues have snarled progress, according to internal Amazon documents and multiple people involved in the project. AdvertisementA product of this scale is "unprecedented, and takes time," an Amazon spokesperson told Business Insider. Related storiesFor example, without more clearly defined responsibilities with third-party partners, Amazon expected further delays in the launch. AdvertisementLatency has been a particularly tough problem for the AI Alexa service. Related storiesNew risksIn late August, Amazon discovered several new risk factors for the AI Alexa service.

Persons: Alexa, that's, Amazon, Taylor Swift, they're, ChatGPT, Andy Jassy, Andy Jassy Mike Blake, Claude Haiku, Rohit Prasad, Claude, AGI NurPhoto, —, Fortune, Amazon's Organizations: Uber, Ticketmaster, Alexa, Echo, Amazon, Business, Bloomberg, TV, Reuters, General Intelligence, AGI, Companies

☆ Travel news: Hotels reveal their wildest room service orders
▼ + stars: | 2024-09-14 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

CNN —In travel news this week: odd room service requests, the cruise passengers stranded for months at their departure port, plus how a rogue bag of Cheetos caused havoc in a New Mexico cave. Unusual guest requestsFar be it from us to say folks are getting a little entitled, but a new report from Hotels.com has revealed the oddest room service requests made to its hotel partners around the world. There’s the separate requests that were fielded for burnt toast, fresh goat milk and 2 kilos of bananas. And finally there’s the demand for a high-five from a team member to ensure their room service request was read. The nine-month itinerary of Royal Caribbean’s Ultimate World Cruise was considerably less ambitious, but at least it successfully completed its journey this week.

Persons: Hotels.com, it’s, there’s, –, CNN Anne Marie Hagerty Organizations: CNN, Service, Atlanta, Delta Airbus Locations: New Mexico, York, Carlsbad, Hawaii, Oahu, Georgia, England, Argentina, British, Italy, “

☆ Haiku Stairs: 14 people arrested for illegal hiking in Hawaii
▼ + stars: | 2024-09-09 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

CNN —Hawaii’s most controversial nature spot has once again become a center of concern, with 14 people recently arrested for accessing the Haiku Stairs on the island of Oahu according to officials. Eight of the 14 were arrested on September 3, although it’s not clear if they were hiking together. The Haiku Stairs, sometimes called the “stairway to heaven,” were closed to the public in 1987. In 2021, the Honolulu City Council voted to remove the Haiku Stairs. A local group called Friends of the Haiku Stairs is pushing back against the stairs’ removal, arguing that the $2.5 million process is too expensive.

Persons: CNN —, it’s, ” Jason Redulla, ”, DOCARE, YouTubers Organizations: CNN, US Navy, Hawaii’s, of Conservation, Resources Enforcement, Honolulu City Locations: Oahu, Kaneohe, Honolulu, Hawaii

☆ ‘Wheatfield’: Agnes Denes has reimagined her landmark artwork
▼ + stars: | 2024-06-17 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +10 min

Out west, Denes hopes to plant seeds of community with the help of the project’s host, Tinworks, an arts organization in the rapidly developing city of Bozeman. “Wheat is wonderful — it sustains humanity and is probably the most planted food next to rice. Jenny Moore/TinworksSome 200 packets of wheat were also distributed among Bozeman residents to grow concurrently with Denes' field. “Can you imagine if I could have realized 20 or 30?”Sowing seeds for changeAs with “Wheatfield,” seeds have often served as potent symbols for Denes. Courtesy Agnes Denes/Leslie Tonkonow Artworks + ProjectsWith “Wheatfield – An Inspiration,” like with all her work, Denes strives for nuance and to engender change through visitors and participants who take something meaningful from the work.

Persons: Agnes Denes, —, CNN —, Denes, Bozeman . Wheat, ” Denes, ”, Blair, Jenny Moore, Tinworks, Kenny Van Dyke, “, ” Moore, Agnes, Moore, I’d, it’s, Leslie Tonkonow, … Organizations: CNN, Art Basel, Bozeman ., Bozeman, Tinworks, Montana, “ Locations: Lower Manhattan, Montana, Wheatfield, Budapest, New York, Battery Park City, Milan, Switzerland, Bozeman, Montana State, Ylojarvi, Finland, ”, Sullivan County , New York, Lewiston, Niagara, Long Island , New York, Kassel, Germany, Istanbul, Egypt, Queens , New York, “ Wheatfield

☆ Nvidia insiders reveal how Jensen Huang wants emails to be written
▼ + stars: | 2024-05-29 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Jensen Huang's emails run to no more than six lines, former Nvidia workers told Business Insider. They follow a "TL;DR approach" and the Nvidia CEO expects the same from his employees. AdvertisementJensen Huang has a distinctive way of writing emails and expects the same from Nvidia employees. Three former Nvidia workers said Huang's emails are usually concise, no more than six lines long, and he expects people to cut to the chase. This story is available exclusively to Business Insider subscribers.

Persons: Jensen, —, Jensen Huang Organizations: Nvidia, Business, Service Locations: Yorker

☆ The top 10 US beaches for 2024, according to ‘Dr. Beach’
▼ + stars: | 2024-05-23 | by ( Forrest Brown | ) edition.cnn.com time to read: +3 min

Duke Kahanamoku Beach on the island of Oahu crowns the list of the 10 best US beaches put out annually by “Dr. Coopers Beach, located on Long Island, New York, is “shielded from the cold Labrador currents in the beautiful village of Southampton. As for the Sunshine State’s two entries, both beaches are on the Gulf coast, edging out its Atlantic-facing beaches. Duke Kahanamoku Beach: Oahu, Hawaii2. Caladesi Island State Park: Dunedin/Clearwater, Florida5.

Persons: Brady, Duke Kahanamoku Beach, “ Dr, Stephen Leatherman, ” Leatherman, ”, Leatherman, Coopers, Duke Kahanamoku Organizations: CNN, Duke, Department of Earth, Florida International University, Sunshine, Coopers, Coast Guard, Coronado Locations: Hawaii, Oahu, ”, Waikiki Beach, Duke Kahanamoku, Miami . Hawaii, , New York, Florida, South Carolina , Massachusetts, California, Coopers Beach, Long, Southampton, United States, Southampton , New York, Wailea, Maui, Caladesi, Dunedin, Clearwater , Florida, Beachwalker, Kiawah, South Carolina, East Hampton , New York, Poipu, Kauai, Wiggins, Naples, Cape Cod , Massachusetts, Coronado Beach, San Diego , California

☆ Here's the moment Nvidia became the AI king and what it must do this week to keep the throne
▼ + stars: | 2024-05-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

No one is laughing about Jayshree's company, either, as her white box solutions are beating Cisco Systems when it comes to the internet plumbing that connect Nvidia chips to the Titans. Last year at this time, Nvidia snuck into the U.S. trillion-dollar market cap club, with that May quarter. What does Nvidia really have to do then for an encore? Now we are getting into what Jensen does to beat expectations. Tall order, but Nvidia is a company that's beaten tall orders routinely we just didn't really know it until last May.

Persons: Jensen Huang, Jensen, Claude, let's, Blackwell, Andy Grove, Intel's, doesn't, — Jensen, Collette Kress, Mills, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Josh Edelson Organizations: Nvidia, Titans, Arista Networks, Microsoft, Meta, Cisco Systems, Google, Apple, Devices, Intel, Merck, Keytruda, Vision, AMD, Grove, Union Pacific, Club, GE, Jim Cramer's Charitable, CNBC, SAP Center, Afp, Getty Locations: San Jose , California

☆ Now One Fast Train From Tokyo: Culture, Crafts and Hot Springs
▼ + stars: | 2024-05-17 | by ( Hannah Kirshner | ) www.nytimes.com time to read: +1 min

Three of these towns — Katayamazu Onsen, Yamashiro Onsen and Yamanaka Onsen — are famous for their onsen, or hot springs. Japanese tourists still flock to Kaga’s onsen towns every fall, when the leaves turn fiery and snow crab is in season. But few foreigners find their way here, in part because the journey from Tokyo has not been easy. A new extension of the Hokuriku Shinkansen, the high-speed train that rockets passengers from Tokyo to this region, now includes a stop at Kagaonsen station. The trip takes less than three hours on a single train.

Persons: Yamanaka, Matsuo Basho Locations: Ishikawa, Japan, Kaga City, Tokyo, Kagaonsen

☆ Amazon-backed Anthropic launches iPhone app and business tier to compete with OpenAI's ChatGPT
▼ + stars: | 2024-05-01 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

The generative artificial intelligence startup is the company behind Claude, one of the chatbots that, like OpenAI's ChatGPT and Google 's Gemini, has exploded in popularity in the past year. Anthropic's first iOS app is free for users across all plans and also available starting Wednesday. In a release Wednesday, Anthropic confirmed that other current clients using Claude include Pfizer, Asana, Zoom, Perplexity AI, Bridgewater Associates and more currently. Now, it's one of the hottest AI startups, with a product that directly competes with ChatGPT in both the enterprise and consumer worlds. Anthropic's stance on the military use of Claude is similar to OpenAI's updated policy.

Persons: Anthropic's, Claude, Amodei, Anthropic, Daniela Amodei, it's, Opus, OpenAI's, Asana, It's, Moby Dick, Harry Potter, OpenAI Organizations: CNBC, Google, Team, Pfizer, Asana, Bridgewater Associates, ChatGPT

☆ Tourists won't stop visiting a forbidden WWII-era landmark even as it's being destroyed due to over-tourism
▼ + stars: | 2024-04-30 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

The Haiku Stairs in Oahu, Hawaii, have long attracted tourists who hike them illegally. Though previously open to hikers who obtained permits, the Haiku Stairs were fully closed to the public in 1987. Hikers on the Haiku stairs, otherwise known as Stairway to Heaven, on Oahu, Hawaii. A woman and her dog were rescued in September after falling 50 feet while hiking the Haiku Stairs trail. In October 2022, local outlet KHON2 reported 118 people had been rescued on the Haiku Stairs since 2010.

Persons: they're, — Organizations: Service, US Navy, Honolulu City, Hawaii, Honolulu Police Department, Hawaii News, CNN, The Honolulu Police Department, Business Locations: Oahu, Hawaii, Honolulu

☆ Tourists continue to visit Hawaii’s Haiku Stairs even as it gets removed for overtourism
▼ + stars: | 2024-04-29 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

The staircase, which was built during World War II by the US Navy, has remained a tourist site despite being officially closed to visitors since 1987. On April 23, five people were arrested and charged with first-degree trespassing, according to CNN affiliate Hawaii News Now. “On top of (access) being illegal, it’s an active worksite,” Honolulu PD District Maj. Randall Platt told Hawaii News Now. It has not yet been decided where the stairs will go after being removed. One local tourist attraction, Kualoa Ranch, has expressed interest in buying and housing them.

Persons: –, Randall Platt Organizations: CNN, US Navy, Hawaii, YouTube, Hawaii News Locations: Oahu, Honolulu’s, Honolulu, It’s, harm’s, ”

☆ Travel news: ‘World’s largest wildlife crossing’ being built in Los Angeles
▼ + stars: | 2024-04-20 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

CNN —In travel news this week: the world’s best and busiest airports, the European capital banning new hotels, the Hawaiian attraction being removed because of bad tourist behavior, plus the real-life animal crossing being built over a California freeway. Snakes will, however, be very welcome on “the world’s largest wildlife crossing,” under construction over the major 101 Freeway in Los Angeles. The Wallis Annenberg overpass will span 10 lanes and provide safe passage for mountain lions, coyotes, bobcats, toads and even ants. World’s best and busiest airportsThe world’s busiest airports were revealed in an annual ranking released Monday, with Atlanta’s Hartsfield-Jackson International holding strong in the No. US National Park Week starts April 20, kicking off with a free entry day on Saturday to all NPS sites.

Persons: Wallis, It’s, Alyssa Kopp, Mary Gomes Kopp, Doha’s, Florence’s, it’s, America’s Organizations: CNN, Aegean Airlines, Atlanta’s Hartsfield, Jackson International, UAE, Qatar, Doha’s Hamad international Airport Locations: California, Tokyo, Osaka, Los Angeles, Crete, Europe, Dubai, Amsterdam, Netherlands, Canary, Spanish, Africa, Italy, Ponte, Lake Mead, Hawaii

☆ What to know about the AI company Amazon is betting billions on
▼ + stars: | 2024-03-28 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Earlier this week, Amazon said it'd commit a further $2.75 billion to the San Francisco-based company as part of its efforts to get ahead of other Big Tech competitors in the AI arms race. AdvertisementSo, what's the deal behind the company Amazon is betting billions on? Related storiesDuring its early days, Anthropic focused on research, training, and testing efforts to ensure its AI model acted in a way that aligned with human values. Since the initial launch, Anthropic has released a slate of new AI models. Moving forward, Anthropic plans to release more updates to its Claude 3 model family and make its AI more suitable for companies.

Persons: —, Amazon, Claude, OpenAI's ChatGPT, it'd, Anthropic, Dario Amodei, Daniela Amodei, OpenAI, Amodei, Face's, Sam Bankman, what's, Swami Sivasubramanian, Anthropic didn't Organizations: Service, San, Big Tech, Business, New York Times, Google, CNBC Locations: Anthropic, San Francisco

☆ Japan launches bullet train service to a region that 'guidebooks rarely mention'
▼ + stars: | 2024-03-15 | by ( Rob Goss | ) www.cnbc.com time to read: +4 min

Japan is launching a new high-speed bullet train, or shinkansen, extension on Saturday that will make an under-the-radar prefecture far more accessible to travelers. The new train will pass through the city of Fukui, the town of Awara and other places guidebooks rarely mention, before reaching the port town of Tsuruga, adding some 78 miles to the Hokuriku Shinkansen's existing Tokyo-to-Kanazawa service. A Geisha walks through a performance hall in Awara, Japan. The end of the lineThe new shinkansen service ends in the town of Tsuruga. Kehi-no-Matsubara in Tsuruga, Japan.

Persons: dino, Juratic, Dogen, it's, Buddhika Weerasinghe, Arief, Sugihara Chiune, Sugihara, Matsuo Basho Organizations: Fukui Prefectural Dinosaur Museum, Zen, Getty, Humanity Museum, Mixa Locations: Japan, Fukui Prefecture, Tokyo, Fukui, Awara, Tsuruga, Kanazawa, Katsuyama, Kanaz, Suishouhama, Poland, Lithuania, Nazi

☆ Google-backed Anthropic debuts its most powerful chatbot yet, as generative AI battle heats up
▼ + stars: | 2024-03-04 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

This time last year, Anthropic was seen as a promising generative AI startup founded by ex-OpenAI research executives. "In our quest to have a highly harmless model, Claude 2 would sometimes over-refuse," Amodei told CNBC. Multimodality, or adding options like photo and video capabilities to generative AI, whether uploading them yourself or creating them using an AI model, has quickly become one of the industry's hottest use cases. But multimodality, and increasingly complex AI models, also lead to more potential risks. "Of course no model is perfect, and I think that's a very important thing to say upfront," Amodei told CNBC.

Persons: Anthropic, Claude, Opus, OpenAI's, Asana, It's, it's, Daniela Amodei, Amodei, Moby Dick, Harry Potter, Brad Lightcap, Anthropic's Claude, We've Organizations: Monday, Haiku, Google, ChatGPT, CNBC

☆ ‘No Beginners Allowed’: A Midwestern Paradise for Skiers Who Dare
▼ + stars: | 2024-02-15 | by ( Tim Neville | ) www.nytimes.com time to read: 1 min

Feathery flakes had fallen the last 16 hours, luring every powderhound in a 100-mile radius. Given how remote this place is, that means maybe 300 skiers and snowboarders. With no wind the snow crystals had stacked up along the spindly hardwood limbs in lines as delicate as a haiku. Indeed, Hokkaido, Japan, might be the only other place I’ve ever skied that could match these conditions. To those in the know, this ski area, seven-hours from the closest major airport in Minneapolis-St. Paul, is legendary.

Persons: Paul Locations: Hokkaido, Japan, Bohemia, Michigan, Minneapolis, St

☆ Opinion: 17 syllables a day that are changing your lives
▼ + stars: | 2024-01-28 | by ( Opinion Tess Taylor | ) edition.cnn.com time to read: +7 min

CNN —For me, writing a haiku a day began as a practice on my birthday, October, 2022. As my birthday rolled around that fall, the idea of writing a haiku a day was simply a way of promising myself that that day, I’d steady myself make note of — ha — just one thing. No matter the day, I was sure I could find a way to write down one sentence, one spattering of roughly 17 syllables. Tink Boord-Dill wrote in that liked that he loved writing haiku because it was daily creativity without performance pressure. Robin from Maryland wrote “the daily writing of seventeen syllables quickly created a rhythm to my thinking and even my walking….

Persons: Tess Taylor, —, Tess Taylor Adrianne Mathiowetz, Robert Hass, I’d, Basho, we’d, Tink, Dill, Elaine Questell, ” Carla White, ” Paul Nelson, Allen Ginsberg, Linda Neves, …, Candace Waldron, “, birdsong, — Linda Neves, Brad Taylor, Nancy B, — Philip Chan, Carolyn W, — Susan B, Karen Jacobs, Weren’t, — Stephen Schwei, Derek Thaczuk, I’m Organizations: “, CNN Locations: California, Maryland, Virginia, New York, Quebec, Bill, Alaska, Arizona, Guynn , Texas, Ohio, Derek Thaczuk , Ontario

☆ Parcel delivery firm faces PR nightmare after AI-powered chatbot cusses and mocks the company
▼ + stars: | 2024-01-20 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

The bot used inappropriate language in a customer support exchange and criticized the company. AdvertisementParcel delivery firm DPD have replaced their customer service chat with an AI robot thing. pic.twitter.com/aq4wDitvQW — Chris Bakke (@ChrisJBakke) December 17, 2023The AI element supplements human customer service, a DPD spokesperson told Business Insider. The spokesperson told BI: "We are aware of this and can confirm that it is from a customer service chatbot. In addition to human customer service, we have operated an AI element within the chat successfully for a number of years.

Persons: —, chatbot, Ashley Beauchamp, ingle Organizations: Service, BBC, Business, ust Locations: uman

☆ Amazon launches generative AI tool to answer shoppers' questions
▼ + stars: | 2024-01-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon trailers are parked at an Amazon Air gateway at Miami International Airport in Miami, Florida, on Sept. 26, 2023. Amazon is rolling out an artificial intelligence tool that can answer shoppers' questions about a product, a spokesperson confirmed, as the company continues to experiment with generative AI. It then returns an answer within a few seconds, primarily by summarizing information collected from product reviews and the listing itself. The feature could keep shoppers from scrolling through pages of reviews or reading through a listing to find information about a product. The tool is designed not to veer off subject, and will return an error message if it can't answer questions such as, "Who is Jeff Bezos?"

Persons: We're, Maria Boschetti, OpenAI's, Yoda, Jeff Bezos Organizations: Miami International Airport, Amazon, Star Wars, Marketplace Locations: Miami, Miami , Florida

☆ Nvidia CEO Jensen Huang has 50 direct reports. Here's why.
▼ + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Nvidia CEO Jensen Huang explained why he has 50 direct reports at the 2023 NYT DealBook Summit. "The more direct reports the CEO has, the less layers are in the company," Huang said. AdvertisementNvidia CEO and cofounder Jensen Huang said he has 50 direct reports — and for a good reason. "The more direct reports the CEO has, the less layers are in the company," Huang said. After all, Huang doesn't feel the need to do too much hand-holding with his direct reports — he said he expects them to know what they're doing.

Persons: Jensen Huang, Huang, —, Andrew Sorkin, Sorkin, that's, what's, Huang doesn't, Nvidia didn't Organizations: Nvidia, Service, New York Times, Bloomberg, Yorker, New Locations: New Yorker

☆ Nvidia CEO reportedly writes hundreds of emails a day to his staff that executives compare to haiku and ransom notes
▼ + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Nvidia CEO Jensen Huang writes hundreds of emails a day to staff, per The New Yorker. Execs at the chip giant compare Huang's curt emails to haiku and ransom notes. AdvertisementGetting to inbox zero may be a tough feat if you work at Nvidia — especially if important work emails from CEO Jensen Huang read like poetry or even a ransom note. Huang reportedly talks to his staff by sending hundreds of emails to them every day, according to The New Yorker. In fact, one executive said Huang's emails resemble the Japanese poetry style haiku; another executive compared them to ransom notes.

Persons: Jensen Huang, Execs, curt, —, Huang, it's Organizations: Nvidia, Service, Yorker, Business, New Yorker, Bloomberg Locations: New

☆ Boston Dynamics' talking robot dogs have different personalities now, from '1920's Archaeologist' to 'Shakespearean Time Traveler'
▼ + stars: | 2023-10-28 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +4 min

Boston Dynamics made its robot dogs speak using ChatGPT, and they all have different personalities. Thanks to the integration of OpenAI's ChatGPT, Boston Dynamics' robot dogs can now speak in full sentences, Fast Company reported back in May. And then there's the sarcastic, nihilistic personality that questions the "unfathomable void" of its existence, which Boston Dynamics has simply named "Josh." The New York Police Department announced earlier this year that it would begin using the Boston Dynamics robot dogs again. Boston Dynamics did not immediately respond to Insider's request for comment.

Persons: —, Matt Klingensmith, Matt, Butler, Klingensmith, Josh, Levatas, Chris Nielsen, Bill de Blasio, Eric Adams Organizations: Boston Dynamics, Service, YouTube, Company, Fast Company, Dynamics, New York Police Department Locations: ChatGPT, Boston, New Zealand

☆ Maui wildfires made Hawaii's housing market crisis worse — residents already feared being priced out
▼ + stars: | 2023-08-17 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

The wildfires that destroyed Lahaina last week exacerbated a housing crisis in Hawaii. Many Native Hawaiians and locals can't buy a home in Maui, where the average cost is $1 million. A woman digs through rubble of a home destroyed by a wildfire in Lahaina, Hawaii. Rick Bowmer/Associated PressHiga rents a home with his family in Haiku on the North Shore of Maui that was spared from the wildfires. He also serves on a working group that the governor convened in July after declaring Hawaii's affordable-housing shortage an emergency .

Persons: Josh Green of, he'd, Green, Sterling Higa, Higa, Rick Bowmer Organizations: Service, Maui, Gov, Housing, Press Locations: Lahaina, Hawaii, Maui, Hawaiian, Josh Green of Hawaii, United States, Lahaina , Hawaii, Shore

☆ Can a Poem Be Too Short? It Depends on the Poem, and the Reader.
▼ + stars: | 2023-07-18 | by ( Elisa Gabbert | ) www.nytimes.com time to read: +4 min

I have a friend who says her favorite way to read poetry is in quotation, as isolated lines in paragraphs of prose, such as in this column. You can’t have a personal, favorite part, the way I have a favorite part of “Prufrock” (which changes over time). Some of what’s in “Little Poems” does have a one-and-done feel. Short poems can be facile because they are short — they’re not wasting much of your time, so get over it. It’s unsatisfying in the way of all short unsatisfying poems; the end of any poem is a reward, but bad short poems satisfy too soon.

Persons: Michael Hennessy, Julian the, John Keats, ” Ben Lerner, “ Prufrock, Shel Silverstein, Lawrence, Lawrence — Locations: Sappho, “, D.H

☆ Let's set the table for the second half by reflecting on this year's hated bull market
▼ + stars: | 2023-07-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +18 min

You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.

Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China

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