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Walmart is testing tech that lets employees use an app to unlock anti-shoplifting displays. The tech, currently in several hundred stores, could lead to shoppers having access too. 1 in 5 shoppers surveyed said they would buy from another retailer when faced with locked-up merch. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The assumption behind the Freedom Case is that customers who share their personal information in order to access merchandise are unlikely to steal.
Persons: , Carol Spieckerman, Chris Walton, Spieckerman Organizations: Walmart, Service, Bloomberg, Omni, Kroger, Safeway
Trump's second term likely means changes are on the way that will impact retailers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump's return to the White House is likely to usher in sweeping changes that will impact retailers like Walmart, Target, and Costco — ranging from new tariffs to tax cuts and a new regulatory environment. Trump's campaign promises, along with his prior term record, offer some insights into what major retailers can expect from his second term. Advertisement"That's actually very unhelpful for a lot of retailers, especially in areas like technology, which a lot of retailers are involved," he said.
Persons: , Donald Trump's, Donald Trump, Neil Saunders, it's, John David Rainey, Trump, Chris Walton, Walton, Jonathan Gold, Johns, Tinglong Dai, Saunders, He's, Lina Khan Organizations: Service, Walmart, Target, Costco, TractorTractor, Dick's Sporting Goods, Data, Omni, National Retail Federation, Trump, Pew Research, Federal, FTC, Kroger, Albertsons, Republican Locations: China, Johns Hopkins, Washington
I'll never forget Cypress Point Club in Pebble Beach, CaliforniaCypress Point Club is right on the water. Forest Dunes Golf Club in northern Michigan is one of the Mitten State's best-kept secretsForest Dunes Golf Club has trees, water, and greenery. Evan SchillerTo create Forest Dunes Golf Club, golf pro Tom Weiskopf routed 18 holes through aromatic, pine-studded sand dunes in the middle of Michigan farm country. Chris Coduto/Getty ImagesScottsdale, Arizona, is home to over 200 golf courses and is a choice winter getaway for snowbirds from all over. AdvertisementOmni Golf's Grove Park Inn is still popular after 100 yearsThe Omni Grove Park Inn has been around for quite some time.
Persons: , it's, I've, David Madison, Alister MacKenzie, Robert Trent Jones, Evan Schiller, Tom Weiskopf, Tom Doak, David McLay Kidd, Gamble, Kidd, Chris Coduto, Jack Nicklaus, Donald Ross, Barack Obama, Scott Fitzgerald, Tom Weiskopf's Cabo Organizations: Point, Spyglass, Omni, Service, California Cypress Point, Getty, University of Michigan, Getty Images, North, Cabo del Sol Locations: California, Cabo, Sol, Pebble Beach, California Cypress, Cypress, Pebble Beach , California, Spyglass, Cypress Point, Carmel, Michigan, Roscommon , Michigan, Bandon, Oregon, Brewster , Washington, Columbia, Scottsdale, Arizona, Getty Images Scottsdale , Arizona, Omni Grove, Grove, Carolinas, North Carolina, Pinehurst, Asheville, Mexico, Tom Weiskopf's Cabo del Sol, Cabos, Cortez
The company operates through three segments: Self Care, Skin Health and Beauty, and Essential Health. Self Care product categories include pain care; cough cold allergy; and "other self care." The Skin Health and Beauty segment's product categories include face and body care and hair, sun and others. Skin Health and Beauty has been proven to be a marketing business whose growth can be greatly aided by social media. Kenvue has a solid business with iconic brands and one underperforming segment in Skin Health and Beauty.
Persons: Russell, Johnson, Kenvue, Michael CeraVe, Ken Squire Organizations: Skin, Health, Self, pharma, Colgate, Palmolive, Haleon, Kenvue, Essential Health, L'Oreal, Beauty, Skin Health, Management, 13D Locations: North America, Asia, Europe, Middle East, Africa, America, CY19, CeraVe
Venkatesan, the executive vice president and chief technology officer of PayPal, is in charge of the payment company's new AI-driven personalization products. In this role, Venkatesan uses PayPal's 200 petabytes of transaction data to help small businesses and large enterprises sell more products and to help save money for consumers. Before joining PayPal in June, Venkatesan was EVP of the Walmart US Omni Platforms and Tech organization, where he helped use AI to blur the lines between offline and online shopping. See Business Insider's full AI Power List
Persons: Venkatesan Organizations: PayPal, Walmart, Omni, Tech
Here are Tuesday's biggest calls on Wall Street: Loop initiates AppLovin as buy Loop said the software publisher is an "indispensable infrastructure for the mobile gaming industry." Citi upgrades First Solar to buy from neutral Citi said the solar company is a winner no matter who wins the election. KeyBanc initiates Zeta Global as overweight KeyBanc said the marketing software company has an attractive platform. Stifel initiates Braze as buy Stifel said the software company is best positioned. Stifel initiates Klaviyo as buy Stifel said it is bullish on the software company.
Persons: Bernstein, Mizuho, Jefferies, Tesla, Morgan Stanley, Apple, Meta, Redburn, KeyBanc, Stifel, Disney, JPMorgan downgrades Hertz, Itron Organizations: Costco, Walmart, omni, Citi, Democratic, Republican, Cadence, Apple, LT, Microsoft, " Bank of America, Meta, Bank of America, Zeta Global, ZETA, Disney, JPMorgan, Hertz Global Holdings, Jefferies, Guggenheim
China stocks have been on an upward tear since then, with the mainland's CSI 300 index rallying over 25% to rise nine days in a row. Shares of Wynn Resorts and Las Vegas Sands have respectively gained nearly 8% and more than 2% this week. Stocks with a 14-day relative strength index reading, or RSI, above 70 are considered to be overbought. The stock has an RSI reading of 82. Fellow China play Wynn Resorts also has a high RSI reading of 86.
Persons: Robin Farley, Vistra, Angie Storozynski, Humana, Stephens, Paul Lejuez, WMT Organizations: People's Bank of China, CSI, Wynn Resorts, CNBC Pro, UBS, China, Seaport Research Partners, Humana, Dollar, Citi, Walmart, omni Locations: China, U.S, Macau
Analyst Sara Senatore said the recent arrival of CEO Brian Niccol is a potential catalyst for Starbucks stock. She expects the former Chipotle chief to turn around Starbucks' North American business more quickly and with less investment than expected. SBUX YTD mountain Starbucks stock. Walmart stock has advanced more than 54% in 2024. WMT YTD mountain Walmart stock.
Persons: Anthony Cassamassino, Sara Senatore, Brian Niccol, Robert Ohmes, Ohmes Organizations: Bank of America, Dow Jones, Walmart, Bank of America's, Hasbro Locations: Iran, Israel
| How we picked the best snow boots with arch support | The best snow boots with arch support of 2024 | Why trust NBC Select? There are multiple reasons why having snow boots with arch support can benefit you. How we picked the best snow boots with arch supportTo help you find the best snow boots with arch support, we asked podiatrists what key things to pay attention to while shopping. “Snow boots should also offer strong ankle support to help stabilize your feet and legs, to help prevent injuries on uneven winter terrain like snow and ice.”Beyond arch support, look for snow boots that don’t bend easily in the mid-arch. The best snow boots with arch support for 2024To recommend the best snow boots with arch support, we asked podiatrists to share their favorite options.
Persons: you’ll, , Miguel Cunha, Gotham, Cunha, , “ Snow, Snow, podiatrists, Kamik, contoured, Gregory Alvarez, Mohammad Rimawi, Alvarez, Bethany Heitman, TikTok Organizations: NBC, Tech technology, Centers of America, Facebook, Twitter Locations: New York City
My husband and I visited Fleming's Prime Steakhouse and Wine Bar for a date night. Most of our food was delicious, but at $275, we didn't feel our meal was worth the high price tag. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . So, for a recent date night, my husband and I went to Fleming's Prime Steakhouse and Wine Bar.
Persons: Organizations: Service, Fleming's, Wine, Omni, Bloomin, Inc, Outback Locations: ribeye, Los Angeles, Dallas, Nashville, Atlanta, Providence , Rhode Island, California
AdvertisementOverpackingIt doesn't always make sense to bring your own clubs to a golf course. Or you can even have your own gear shipped ahead to your golf course through services like Ship Sticks. Traveling to serious golf resorts with people who don't want to playSome golf resorts have hiking trails on the property or right near it. An hour outside Atlanta, Reynolds Lake Oconee has seven championship golf courses and also hiking trails and courts for pickleball and tennis. Omni Barton Creek has multiple championship golf courses and is only a short drive from the live music, barbecue, and whiskey in downtown Austin.
Persons: , I've, It's, it's, Chris Babcock, Kohler, Shobeir Ansari Organizations: Service, Southern Hills, Business, Hammarby Studios, Gatorade, Getty Locations: Cypress Point, Bandon, Oregon, Atlanta, Reynolds Lake Oconee, Austin, Wisconsin, Sand
Walmart shares have outperformed the market. Analysts remain overwhelmingly bullish on the stock with more than 80% of analysts rating shares a buy or overweight, according to FactSet. Target shares reflect the strain of the competition. And if Walmart continues to win over wealthier customers, that's more bad news for Target. On Tuesday, KeyBanc Capital Markets analyst Bradley Thomas reiterated that Walmart remains one of his top stock ideas.
Persons: Lindsay Rosner, Piper Sandler, Peter Keith, Keith, Daniel Kurnos, Kurnos, FactSet, Alexis Deladerriere, JLL, Christopher Horvers, JPMorgan's Horvers, Cowen, Oliver Chen, Chen, hasn't, Bradley Thomas, Thomas Organizations: Walmart, Target, Goldman Sachs Asset Management, Analysts, Keith, P Retail, Amazon, Microsoft, Apple, Adobe Analytics, Adobe, Amazon's, Costco, Amazon Prime, Sam's, Paramount, KeyBanc Capital Locations: Wednesday's
OpenAI debuts mini version of its most powerful model yet
  + stars: | 2024-07-18 | by ( Hayden Field | ) www.cnbc.com   time to read: +2 min
OpenAI will launch a new AI model, "GPT-4o mini," the artificial intelligence startup's latest effort to expand use of its popular chatbot, later on Thursday. The company called the new release "the most capable and cost-efficient small model available today," and it plans to integrate image, video and audio into it later. The mini AI model is an offshoot of GPT-4o, OpenAI's fastest and most powerful model yet, which it launched in May during a livestreamed event with executives. The mini AI model announced Thursday is part of OpenAI's push to be at the forefront of "multimodality," or the ability to offer a wide range of types of AI-generated media, like text, images, audio and video, inside one tool: ChatGPT. GPT-4o mini will be available later Thursday to free users of ChatGPT, along with ChatGPT Plus and Team subscribers, and it will be available to ChatGPT Enterprise users next week, the company said in a release.
Persons: Brad Lightcap Organizations: omni, Microsoft, CNBC, ChatGPT, ChatGPT Enterprise Locations: GPT
View at AmazonThere are even more options for Prime Day Apple Watches, and Prime Day iPads still available in our other guides. For an extensive breakdown divided up by size, see our full roundup of Prime Day TV deals. View at AmazonThere are even more sleep deals where those came from — check out our roundups of the best Prime Day mattress deals and Prime Day pillow deals. Do I need to be an Amazon Prime member to buy Prime Day deals? Amazon Prime Day deals are comparable to Black Friday and Cyber Monday, with the main difference being that Amazon is the only participating retailer.
Persons: Siri, They're, you’ll, Jonathan Adler, it's, dehumidifier, vacs, Fryer, Foodi, Fry, fryer, MagSafe, Kate Spade, they're, Bose Smart, Ray Soundbar, Ray, Anker, Amazon Nathan James Hugo Wood Nightstand, Nathan James, Inaba, waddle, Dyson, , Gabrielle Chase, , we've, haven't Organizations: Business, Amazon, Apple, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Toshiba, LG, Dell, Galaxy, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Nintendo, Nova, Nova Pro, Logitech, Lightspeed, Mac, lounging, Amazon Canada, packers, Amazon Fisher, Prime, Chatelet Air, Dyson, Amazon Philips, Philips, Amazon Prime, Deal Locations: PopSockets, York
Prime Day TV dealsThis Prime Day, we're seeing some of the biggest price drops of the year on top TV models from our favorite brands. Prime Day laptop dealsLaptops go on sale year-round, but Prime Day is traditionally the best time of year to make a purchase. Prime Day mattress dealsMattresses go on sale several times a year, but few sales offer as lucrative mattress discounts as Prime Day. Prime Day Amazon device dealsDuring Prime Day, many of the best Amazon devices see their lowest prices ever. Prime Day travel dealsSummer travel is underway, and so are the best Prime Day deals on luggage and backpacks.
Persons: We've, AirPods, we've, Siri, Samsung's, They're, you’ll, He's, Jonathan Adler, it's, dehumidifier, Dyson, vacs, Crisp, we're, Fryer, Foodi, Fry, fryer, they're, Bose Smart, Ray Soundbar, Ray, Anker, You'll, iPhones, MagSafe, Kate Spade, scoped, Amazon Nathan James Hugo Wood Nightstand, Nathan James, waddle, Inaba, haircare, , Gabrielle Chase, , haven't Organizations: Business, Apple, Amazon Apple, Apple Health, Amazon, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Dyson, Upright, Toshiba, FlexBrew, Hamilton, LG, Dell, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Logitech, Seagate, ASUS, Meta, Nintendo, Nova, Nova Pro, Lightspeed, Mac, Google, Galaxy, lounging, packers, Amazon Fisher, Prime, today's, Chatelet Air, Amazon Canada, Amazon Philips, Philips, Amazon Prime, Deal Locations: November's, PopSockets, York
View at Amazon What we like Check mark icon A check mark. Ability to review identified obstacles after cleaningCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at AmazonThe best Amazon Prime Day robot vacuum dealsAutomate your floor cleaning with one of the best robot vacuums. They're lightweight, and many of today's best cordless vacuum cleaners can rival even the most powerful uprights.
Persons: Dyson, Bissell, Miele, vacuums we've, We've, you've, vacuums, they've, iRobot, Roomba, we've, Decker, Smart, OmniForce Organizations: Business, Amazon, Samsung, Hoover, Prime, Kenmore, Dyson, Upright, Shark, Amazon LG, LG, Amazon Prime, nab, BISSELL Locations: iRobot, Eureka
Below, our tech experts have curated a running list of all the best Prime Day TV deals so far, and we've compiled even more savings across all categories in our full Prime Day deals roundup. The best Prime Day TV deals are expected to remain active through July 17 while supplies last. TCL 55-inch Q7 4K QLED TV $448.00 $598.00 Save 25% The Q7 is one of the top midrange QLED 4K TVs. View at AmazonLG 65-inch C4 OLED 4K TV $1,796.99 $2,699.99 Save 33% The C4 is LG's latest midrange 4K OLED TV. View at AmazonHisense 85-inch U8N QLED 4K TV $1,798.00 $2,799.99 Save 36% The U8N is Hisense's 2024 flagship QLED TV.
Persons: we've, 60Hz, HLG, 120Hz, it's, OLEDs Organizations: Business, Samsung, LG, Dolby, HLG Smart, Google, Amazon, Amazon Samsung, Amazon LG, Sony, Toshiba, Amazon Prime Locations: TCL, QLED
View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: haven't, they're, Apple, We're, Siri, we'll, doesn't, Amazon Nathan James Hugo Wood Nightstand, Nathan James, we've, Dyson, you've, it's, fryer, Bose Organizations: Business, Echo, Amazon, Apple, Amazon Apple, Apple Health, Amazon Prime, Olympics, Sony, LG, Samsung, Dolby, Amazon Samsung, lounging, Amazon Philips, Philips, Bose, Amazon Sony WH
TD Cowen reiterates Meta as buy TD Cowen raised its price target on Meta to $600 per share from $530. Bank of America downgrades Visa & Mastercard to neutral from buy Bank of America said it sees "limited upside" for the payment stocks. Bank of America downgrades WK Kellogg to underperform from neutral Bank of America said it sees weakening industry trends for WK Kellogg. "We're initiating coverage of Bausch + Lomb (BLCO) with an Outperform rating and $19 price target." Bank of America initiates Composecure as buy Bank of America said it's bullish on shares of the metal payment card manufacturer.
Persons: Bernstein, Iris, it's bullish, Argus, Teva, Piper Sandler downgrades, Piper, Jefferies, Redburn, Goldman Sachs, Tesla, Goldman, Eli Lilly, Morgan Stanley, Needham, BTIG, it's, TD Cowen, Meta, WK Kellogg, Cobra Kai, Truist, Nomura, Raymond James, Bausch Organizations: Iris Energy, Walmart, Fox Robotics, Spotify, Oracle, Barclays, Microsoft, Citi, Quest, Bank of America, MKS, Southwest Citi, Southwest Airlines, Amazon, YouTube, Meta, " Bank of America, Visa, Mastercard, of America, SNAP, Netflix, Apple, Nvidia Locations: Mounjaro, Alaska, Southwest, underperform
The execs leading ArtBotAI said it differs from other ad agency holding groups' AI offerings because it builds on the ArtBot content automation tool its Critical Mass agency originally launched in 2022. "It's not just a generative AI tool, it's an automation tool that has been operationalized with large accounts at scale." Related storiesArtBotAI's generative AI functionality is driven by Omnicom's large language models, which it has created through partnerships with companies including Microsoft, OpenAI, Google, Getty, Adobe, and Amazon. KAITLIN MOERMANOmnicom said clients using ArtBotAI have, on average, achieved 40% increases in ad engagements like clicks and video views since they began using the platform. Omnicom stated in its February financial filings that its use of generative AI presents risks like ethical considerations, a negative impact on the public perception of the company, and the need to comply with various regulations.
Persons: , ArtBotAI, ArtBot, Paolo Yuvienco, It's, Artbot, Yuvienco, Valerie Vargas, Alissa Hansen, KAITLIN MOERMAN Omnicom, Omnicom, Hansen, Ingo Duckerschein, Duckerschein Organizations: Service, Business, Apple, Unilever, Pfizer, Volkswagen, Omni, Omni Assist, Microsoft, Google, Getty, Adobe, Advertising, United Talent Agency, Agency, WPP, Intuit, Taboola Locations: North America
Goldman Sachs raised its price target on Tesla, but it still sees a a decline for the electric vehicle maker. Analyst Chris Pierce upgraded his rating to buy from hold and assigned a $160 price target on Carvana, implying shares could jump 27.3%. His $77 price target on Walmart suggests the stock could jump nearly 10.2% over the next 12 months. Analyst Peter Keith assumed coverage of the retailer with a neutral rating and $156 price target, suggesting shares can add 5.7% over the next year. LLY YTD mountain LLY year to date — Pia Singh 5:51 a.m.: Goldman raises Tesla price target, but still sees stock slide Don't expect Tesla's recent momentum to last, according to Goldman Sachs The bank raised its price target on the electric vehicle maker to $248 from $175.
Persons: Tesla, Goldman Sachs, Eli Lilly, Needham, Chris Pierce, Pierce, — Pia Singh, Jefferies, Corey Tarlowe, Tarlowe, Piper Sandler, Peter Keith, Keith, Carter Gould, Gould, Goldman, Mark Delaney, Fred Imbert Organizations: CNBC, Barclays, Jefferies, Walmart, Fox Robotics, EV, Tesla Locations: Tuesday's
I tested the Shark Matrix Plus in my 1,650-square-foot home over the course of six months. Read on for my full experience testing the Shark Matrix Plus 2-in-1 Robot Vacuum. Lauren Savoie/Business InsiderThe Shark Matrix Plus 2-in-1 Robot Vacuum has four main components: the robot, its self-emptying docking base, a vacuum attachment, and a mopping attachment. I notice a significant difference in how the carpeting looks after a 15-minute standard clean versus a 45-minute Matrix clean. AdvertisementThe bottom lineI've been using the Shark Matrix Plus for weekly cleanings for nearly a year now.
Persons: vacuums, Lauren Savoie, I've, Rosie, It's, I'm, it'll, it's, We've, We're Organizations: Business, Brands, Omni
The incredible oblivion of Judge Marvin Isgur
  + stars: | 2024-06-03 | by ( Dakin Campbell | ) www.businessinsider.com   time to read: +45 min
On a mild Houston day in March 2021, Judge Marvin Isgur prepared to oversee the only case on his docket that morning. In October 2023, the Fifth Circuit Court rebuked Judge David Jones but said that his longtime colleague, Judge Marvin Isgur, had been "unaware" of Jones' inappropriate relationship. "But only Judge Isgur knows what he knew or didn't know about the relationship." Much of this work was in cases before either Judge Isgur or Judge Jones. Isgur can continue to hear the case, he ruled, writing in the December 2023 opinion that lawyers for the creditor "failed to demonstrate much other than that former Judge Jones and Judge Isgur are close friends."
Persons: Marvin Isgur, David Jones, Jones, Elizabeth Freeman, Jackson Walker, Isgur, Michael Van Deelen, he'd, Freeman, Matthew Cavenaugh, Cavenaugh, Michael Van Deelen Van, Judge Jones, who'd, Steve Smith, Smith, Michael Lewis, Van Deelen, I'm, Van Deelen's, Tom Kirkendall, Gary Cruciani, Judge David Jones, Nancy Rapoport, University of Nevada Las Vegas William S, Kirkendall, " Jones, Trump, she's, Sarah, Porter Hedges, , — Elizabeth Freeman, John Higgins, Whitney Ables, Josh Wolfshohl, Amy Lucas, Porter, Wesley Steen, Fifth Circuit —, that's, Liz, Bruce Markell, it's, Judge William Greendyke, Lynn LoPucki's, Patricia Tomasco, Christopher Lopez, Manges, Greendyke, Albert Alonzo, Alonzo, Jones Isgur, Susan Tran Adams, Matt Cavenaugh, Veronica Polnick, Genevieve Graham, cookout, Graham, Tran, Christina Morrison, David, I, Neiman Marcus, J.C, Penney, Freeman hadn't, hadn't, Jim Wilkinson, Ellis, Kirkland, Ellis —, Veronica Polnick —, Polnick —, Elizabeth, COVID, Jackson, Kirkland Ellis, they'd, — Greendyke, Wilkinson, Judge Isgur, Mike Warner, Eduardo Rodriguez, Rodriguez, Isgur's, Judge Lopez —, Lopez, Alfredo Perez, Weil, Perez, Richard Schmidt, Jack Newsham Organizations: Business, Southern District of, McDermott International, Southern, Houston, Fifth Circuit, Appeals, Department of Justice, Fifth, University of Nevada, Boyd School of Law, Circuit, University of Houston, American Bankruptcy Institute, Emory Law School, Emory, Facebook, Big Law, Reuters, Bloomberg, Northwestern's Pritzker School of Law, Enron, LinkedIn, Southern District of Texas, Judicial Conference, Texas, Chesapeake Energy, Big, Kirkland, Cavenaugh, UPS, Technologies, Candy Club, Omni, Norton Rose, GWG Holdings Inc, Brands, Southern District's, Southern District, US, Former Locations: Texas, Southern District, Southern District of Texas, Houston, New Orleans, United States, University of Nevada Las Vegas, Kirkendall, Galveston, Carolina, Porter, Harris, Nevada, Southern District of Texas , Delaware, New York, Delaware, Weil, Southern, disgorge, Sorrento, Corpus Christi, prefacing
Wall Street saw much to like in Costco 's earnings report last Thursday, as customers flocked to the warehouse club's stores and website. Costco's earnings per share for its fiscal third quarter came in at $3.78, topping the $3.70 expected from analysts polled by LSEG. The bank believes Costco will continue to benefit from digital enhancements and membership growth. Loop Capital also remains bullish and hiked its price target on the stock to $890 from $840, implying nearly 10% upside ahead. The firm is anticipating continued growth in revenue and same-store sales for the year.
Persons: Robert Ohmes, Kirkland, Laura Champine Organizations: Costco, LSEG, Revenue, Bank of America
One day it will be better than a real [girlfriend]. One day, the real one will be the inferior choice.” The article goes on to breathlessly outline use cases for “A.I. companions,” suggesting that some future iteration of chatbots could stand in for mental health professionals, relationship coaches or chatty co-workers. This week, OpenAI released an update to its ChatGPT chatbot, an indication that the inhuman future foretold by the Andreessen Horowitz story is fast approaching. While some observers, including the Times Opinion contributing writer Julia Angwin, who called ChatGPT’s recent update “rather routine,” weren’t particularly impressed, there’s been plenty of hype about the potential for humanlike chatbots to ameliorate emotional challenges, particularly loneliness and social isolation.
Persons: Andreessen Horowitz, A.I, OpenAI, Horowitz, , Scarlett Johansson, Julia Angwin, weren’t, there’s Organizations: The Washington Post, omni
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