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☆ Vicky Nguyen shares holiday travel safety tips
▼ + stars: | 2024-11-21 | by ( Dateline Nbc | ) www.nbcnews.com time to read: +6 min

When it comes to holiday travel, the most wonderful time of the year can feel like the most stressful. Andrea Canning spoke with Today Show Senior Consumer Investigative Correspondent, Vicky Nguyen, on today’s episode of Dateline: True Crime Weekly and got some travel safety tips you can use year round. In that same vein, getting a nice night of sleep ahead of time and making sure that you’ve packed the car. Canning: Um, OK, so if you’re flying, any tips on how to book holiday travel with regards to making sure everything goes smoothly, you’re not scammed in some way? The most dangerous part of booking an air travel vacation or holiday is that scam that you mentioned, Andrea.

Persons: Andrea Canning, Vicky Nguyen, Vicky, Good, Canning, Andrea, you’ve, I’ve, you’re, It’s, There’s, we’ve, it’s, “ We’re, Everyone’s Organizations: Consumer Investigative, Department of Homeland Security, TSA, DMV Locations: It’s

☆ CNBC Daily Open: Is Nvidia its own worst enemy?
▼ + stars: | 2024-11-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Akio Kon | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Investors are likely zooming in on the rate at which Nvidia is growing its numbers, compared with its past performance, not just whether it's surpassing expectations. The same goes for Nvidia's forward guidance: A growth of around 70% for current-quarter sales, compared with a year earlier. It appears that investors have enjoyed Nvidia's astounding performance for so long they've become desensitized to it.

Persons: Jensen Huang, Akio Kon, LSEG, University's, Leswing, Samantha Subin, Brian Evans Organizations: Nvidia Corp, Nvidia, Summit Japan, Bloomberg, Getty, CNBC, Investors, University's Stern School of Business Locations: Tokyo, Japan, New

☆ Expect clear sailing for Nvidia's growth story over the next 2 years, says Paul Meeks
▼ + stars: | 2024-11-21 | 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 EmailExpect clear sailing for Nvidia's growth story over the next 2 years, says Paul MeeksPaul Meeks of Harvest Portfolio Management says that he still thinks that Nvidia's valuation is attractive from a price/earnings-to-growth ratio and that slowing demand for GPUs from AI hyperscalers is not a risk at Nvidia for 2025 and beyond.

Persons: Paul Meeks Paul Meeks Organizations: Management, Nvidia

☆ Jensen Huang says the 3 elements of AI scaling are all advancing. Nvidia's Blackwell demand will prove it.
▼ + stars: | 2024-11-21 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +2 min

AdvertisementReports on an AI progress slowdown raised concerns about model scaling on Nvidia's earnings call. An analyst questioned if models are plateauing and if Nvidia's Blackwell chips could help. And could the power of Nvidia's Blackwell chips start it up again? Pre-training, post-training improvements, and new reasoning strategies all improve models, Huang said. The company said commercial shipments of Blackwell chips are just beginning.

Persons: Nvidia's Blackwell, Huang, Jensen Huang isn't, OpenAI's, Blackwell, Hopper Organizations: Nvidia, Blackwell

☆ Baidu posts 3% drop in third-quarter revenues, beating market expectations
▼ + stars: | 2024-11-21 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

BEIJING — Chinese tech giant Baidu on Thursday posted a 3% annual drop in third-quarter revenue, nevertheless beating market expectations amid AI cloud growth. Baidu noted a 12% surge in its non-online marketing revenue to the equivalent of $1.1 billion, mainly driven by its artificial intelligence cloud business. Beijing-based Baidu operates one of the major web browser search engines in China, along with a frequently used maps app. Baidu has promoted its Ernie chatbot as a local alternative to OpenAI's ChatGPT, which isn't available in China. "AI Cloud continued to show healthy and sustainable development in the third quarter," he said in the earnings release.

Persons: Robin Li, Ernie, Baidu, Ernie chatbot, Li, Baidu hasn't, Rong Luo, Apollo Organizations: Baidu, CNBC Locations: BEIJING, U.S, Beijing, China

☆ Nvidia reversal moves whole stock market higher, proving again its unprecedented influence
▼ + stars: | 2024-11-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

There's no denying how important Nvidia is to the stock market. Stock futures followed Nvidia's lead, riding slight losses at the time. In that time, stock futures recovered their earlier losses and were last up around 0.5%. Many firms lifted their price targets on the chipmaker, including Citi, Wells Fargo and Bernstein . Elsewhere Thursday morning on Wall Street, Wells Fargo initiated GE Vernova as overweight, citing growing power demand from artificial intelligence.

Persons: Nvidia's, Wells Fargo, Bernstein Organizations: Nvidia, Barclays, Bank of America, Citi, GE Vernova Locations: Wells Fargo

☆ From crypto to AI, Stash co-founder Justin Kan discusses the future of gaming
▼ + stars: | 2024-11-21 | 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 EmailFrom crypto to AI, Stash co-founder Justin Kan discusses the future of gamingJustin Kan, co-founder of Stash, speaks to CNBC's Arjun Kharpal at Slush in Helsinki, Finland about the future of gaming and how AI might be part of it.

Persons: Justin Kan, CNBC's Arjun Locations: Helsinki, Finland

☆ Wells Fargo says GE Vernova is a buy as AI energy demand grows
▼ + stars: | 2024-11-21 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

GE Vernova can help meet the massive energy demands from artificial intelligence, according to Wells Fargo. The firm initiated coverage of the energy company with an overweight rating. Analyst Michael Blum said robust power demand tied to AI could lead to GE Vernova emerging as a key beneficiary, especially because the subsequent buildout will require an update to the power grid. GEV YTD mountain GE Vernova stock. The analyst also noted GE Vernova trades at a discount relative to the S & P 500.

Persons: Michael Blum, Blum Organizations: GE, General, GE Vernova Locations: Wells Fargo

☆ Elon Musk's startup xAI is now reportedly worth more than what the billionaire paid for Twitter
▼ + stars: | 2024-11-21 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk's AI startup, xAI, has been valued at $50 billion, The Wall Street Journal reported. xAI's valuation has doubled since the spring, surpassing the $44 billion Musk paid for Twitter. Elon Musk's AI startup, xAI, has reportedly been valued at $50 billion — $6 billion more than what the billionaire paid to acquire Twitter, the social media platform now known as X. AdvertisementThe new valuation means xAI has surpassed the $44 billion Musk paid for Twitter back in October 2022. xAI previously raised a $6 billion Series B from A16z and Sequoia Capital at a $24 billion post-money valuation.

Persons: Andreessen Horowitz, Elon, xAI, Musk, Sam Altman, OpenAI Organizations: Elon, Street Journal, Twitter, Sequoia Capital, Fidelity, The, Equity Partners, Qatar Investment Authority, Microsoft Locations: A16z

☆ 'Belief in the future can sometimes outstrip reality': VC Eric Liaw talks AI
▼ + stars: | 2024-11-21 | 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 Email'Belief in the future can sometimes outstrip reality': VC Eric Liaw talks AIEric Liaw, general partner at venture capital firm IVP, discusses investing in tech right now with CNBC's Arjun Kharpal at Slush in Helsinki, Finland.

Persons: Eric Liaw, CNBC's Arjun Locations: IVP, Helsinki, Finland

☆ The DOJ vs. Google: Breaking down the latest in the antitrust case and what it means for Chrome's future
▼ + stars: | 2024-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe DOJ has asked the judge in its antitrust case against Google to force the tech giant to sell Chrome, its massively popular browser. In August, a judge ruled Google violated antitrust laws and acted as a monopoly when it came to its search engine. Google will have a chance to respond next month with its own plan before the judge makes a ruling next year. That makes it a powerful distribution arm for Google since Chrome's default search engine is … Google. And Apple was making at least $20 billion a year by defaulting to Google Search .

Persons: Billy Bob Thornton, Trump, Elon Musk, Vivek Ramaswamy, Chelsea Jia Feng, Hugh Langley, Lara O'Reilly, Lara, Apple, Donald Trump, Matt Gaetz, Marc Rowan, Arturo Holmes, Apollo, Scott Kleinman, Jim Zelter, Morgan Stanley's, Jeff McMillan's, he's, You've, that's, Michael M, Tyler Le, Google's DeepMind, John Deere, Biden, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Justice Department, Google, Tech, Nvidia, Elon, DOJ, Microsoft, YouTube, Bloomberg, Big Tech, Trump, Getty, —, Comcast, Boston Celtics, White Locations: Los Angeles, New York, Chicago, London

☆ The DOJ wants Google to sell its Chrome browser. Here are the winners and losers if that happens.
▼ + stars: | 2024-11-21 | by ( Hugh Langley | Lara O'Reilly | ) www.businessinsider.com time to read: +8 min

The Justice Department on Wednesday asked the judge in its antitrust case against Google to force the company to sell its Chrome browser. "Advertisers would find competitors for their business, rather than needing to pay a dominant search engine." When you open Chrome and type something into the search bar at the top, these words are automatically transformed into a Google Search. And when there's an option for users, Google pays partners billions of dollars to set its search engine as the default. For instance, if most people click on the third result, Google's Search engine will likely adjust and rank that result higher in the future.

Persons: Mehta's, John Kwoka, Judge Mehta, Bing, There's, Bill Gurley, Sridhar Ramaswamy, Neeva, Ramaswamy, Teiffyon Parry, Equativ, Parry, Ben Thompson, John Gruber, Lee, Anne Mulholland Organizations: DOJ, Google, Department, Wednesday, Northeastern University, Chrome, Lens, Google's, Gmail, YouTube, Bloomberg

☆ Here's what analysts are saying about Nvidia earnings
▼ + stars: | 2024-11-21 | by ( Meghan Morris | Chris Johnston | ) www.businessinsider.com time to read: +4 min

CEO Jensen Huang said more Blackwell chips will be delivered this quarter than previously estimated. Nvidia delivered another strong set of quarterly results on Wednesday, sparking positive initial reactions among the company's analysts. Nvidia observers were keeping a close eye on any mention of Blackwell chips, the popular next-generation chips in high demand. Nvidia will deliver more Blackwell chips this quarter than previously estimated, Huang said, and demand exceeds supply as expected. AdvertisementHSBC analysts wrote in a note that they expect "significant" earnings upside for the 2026 financial year despite gross margin pressure.

Persons: Jensen Huang, Blackwell, Trump, aren't, Robert Lea, Huang, Dan Ives, AI Jensen, Konstantin Oldenburger, Stephen Yiu Organizations: Nvidia, Bloomberg Intelligence, Wedbush Global Tech Team, CMC Markets, Deutsche Bank, HSBC, Bloomberg Locations: Asia

☆ Asian chip stocks slump as Nvidia's slowing revenue growth worries investors
▼ + stars: | 2024-11-21 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

Justin Sullivan | Getty ImagesAsian semiconductor-related stocks mostly slumped on Thursday after Nvidia reported an earnings forecast that failed to meet the lofty expectations of some investors. The sentiment has spilled over to Asia, with stocks tied to Nvidia suppliers as well as other chip companies mostly falling. Selloff in AsiaSemiconductor testing equipment supplier Advantest , which counts Nvidia among its clients, dropped as much as 5.6% on Thursday, the largest chip loser on Japan's benchmark Nikkei 225. Taiwan Semiconductor Manufacturing Corp , which manufacturers Nvidia's high-performance graphics processing units, slipped as much as 1.5%. The company has been a key supplier to Nvidia and is building the world's largest manufacturing facility in Mexico for assembling Nvidia's GB200 superchips, a key component of its next-generation Blackwell family computing platform.

Persons: Justin Sullivan, Daniel Newman, CNBC's Organizations: Getty, Nvidia, Futurum, Asia Semiconductor, Nikkei, Advantest Corp, Softbank Group, Taiwan Semiconductor Manufacturing Corp, Hai Precision Industry, Blackwell, SK Hynix, Samsung Electronics Locations: Santa Clara , California, Asia, Selloff, Mexico, South Korea

☆ AI systems could 'turn against humans': Tech pioneer Yoshua Bengio warns of artificial intelligence risks
▼ + stars: | 2024-11-21 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +6 min

Professor Yoshua Bengio, at the One Young World Summit in Montreal, Canada, on Friday, Sept. 20, 2024Famed computer scientist Yoshua Bengio — an artificial intelligence pioneer — has warned of the nascent technology's potential negative effects on society and called for more research to mitigate its risks. Machines could soon have most of the cognitive abilities of humans, he said — artificial general intelligence (AGI) is a type of AI technology that aims to equal or better human intellect. Yoshua Bengio Head of the Montreal Institute for Learning AlgorithmsSuch outcomes are possible within decades, he said. There are arguments to suggest that the way AI machines are currently being trained "would lead to systems that turn against humans," Bengio said. Yoshua Bengio Head of the Montreal Institute for Learning AlgorithmsCompanies developing AI must also be liable for their actions, according to the computer scientist.

Persons: Yoshua Bengio, —, Bengio, CNBC's Tania Bryer, That's, we're, OpenAIhas, It’s, Yoshua, — that's, OpenAI Organizations: Young, Summit, University of Montreal, Montreal Institute, Machines, Intelligence, CNBC, Learning Locations: Montreal, Canada, AGI, U.S, Rwanda, Swiss

☆ Google's DeepMind and YouTube built and shelved 'Orca,' a 'mind-blowing' music AI tool that hit a copyright snag
▼ + stars: | 2024-11-21 | by ( Hugh Langley | ) www.businessinsider.com time to read: +3 min

AdvertisementGoogle's DeepMind and YouTube previously built and shelved Orca, an AI music tool. Orca could generate music mimicking artists. Google trained it on copyrighted YouTube music videos. In November 2023, DeepMind announced a music generation AI model named Lyria, which was a pared-down version of the Orca project. AdvertisementSome employees who worked on Lyria and Orca left to found a new startup named Udio, which makes an AI music creation app.

Persons: Lizzie Widhelm, Taylor Swift, Orca, OpenAI, DeepMind, John Legend — Organizations: YouTube, Google

☆ Wall Street overlooks modest Nvidia guidance, lift price targets ahead of strong Blackwell ramp
▼ + stars: | 2024-11-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Investors shouldn't let a smaller-than-expected guidance beat overshadow tailwinds from Nvidia's looming Blackwell graphics processing unit rollout come January. Citi's Atif Malik lifted the firm's price target to $175 and opened a positive catalyst ahead of the consumer electronics show in January. Wells Fargo's Aaron Rakers moved to a $185 price target, reflecting 27% upside from Wednesday's close. Meanwhile, JPMorgan's Harlan Sur lifted his price target to $170 a share, saying that margins should improve toward the mid-70s range in the second half of 2025 as Nvidia streamlines costs. What's next for the stock Despite strong Blackwell expectations, some analysts warn of potential near-term volatility.

Persons: Wall, Blackwell, NVDA, Jefferies, Blayne Curtis, Citi's Atif Malik, Wells, Aaron Rakers, Bernstein's Stacy Rasgon, JPMorgan's Harlan Sur, What's, America's Vivek Arya, Tom O'Malley, Baruah, Cantor, C.J, Muse, Morgan Stanley, Joseph Moore Organizations: tailwinds, Blackwell, Nvidia, America's, Barclays Locations: Nvidia's

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Salesforce, Chevron, Dell, Snowflake, Netflix & more
▼ + stars: | 2024-11-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs downgrades XPeng to neutral from buy Goldman downgraded the China EV company mainly on valuation. Goldman Sachs reiterates Chevron as buy Goldman raised its price target on the stock to $170 per share from $167. Goldman Sachs initiates Merus Therapeutics as buy Goldman said the biotech company has "best-in-class" potential. Goldman Sachs reiterates Snowflake as buy The firm said it likes the company's "strong execution" following earnings on Wednesday. Goldman Sachs reiterates Salesforce as buy Goldman said it's sticking with shares of Salesforce.

Persons: Goldman Sachs, Morgan Stanley, Rosenblatt, William Blair downgrades Ulta, William Blair, XPeng, Goldman, Wells, Jake Paul, Mike Tyson, Dell, Snowflake, Tesla, TJX, Salesforce Organizations: Nvidia, UMB, Palo Alto Networks, Palo, China EV, GE, Bank of America, Netflix, Citi, Energy, Chevron, Barclays, Royal Bank of Canada, Merus Therapeutics, " Bank of America, JPMorgan, Networks, Palo Alto, TJX Companies Locations: Ulta, XPeng, Canada, Shanghai, Salesforce

☆ Microsoft's Copilot has an oversharing problem. The company is trying to help customers fix it.
▼ + stars: | 2024-11-21 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Copilot's indexing of internal data led to oversharing of sensitive company information. Some corporate customers delayed Copilot deployment due to security and oversharing concerns. On Tuesday, Microsoft released new tools and a guide to help customers mitigate a Copilot security issue that inadvertently let employees access sensitive information, such as CEO emails and HR documents. These updates are designed "to identify and mitigate oversharing and ongoing governance concerns," the company explained in a new blueprint for Microsoft's 365 productivity software suite. AdvertisementAs a result, some customers have deployed Copilot, only to discover that it can enable employees to read an executive's inbox or access sensitive HR documents.

Persons: Copilot, overshares, Microsoft's Copilot, Joe Blow, Joe Organizations: Microsoft, Business

☆ Lux Capital VC reveals what she looks for in an AI company
▼ + stars: | 2024-11-21 | 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 EmailLux Capital VC reveals what she looks for in an AI companyCNBC's Arjun Kharpal asks Grace Isford, partner at Lux Capital, about Big Tech, open vs. closed-source applications and what's next in the world of AI.

Persons: CNBC's Arjun Kharpal, Grace Isford Organizations: Lux, Lux Capital, Big Tech

☆ How Alaska Airlines used AI to save over 1.2 million gallons of jet fuel
▼ + stars: | 2024-11-20 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +7 min

Alaska Airlines partnered with Air Space Intelligence to use an AI tool that suggests flight routes. While Air Space Intelligence developed the Flyways AI Platform, it did so in close cooperation with the airline's stakeholders. AI in actionThe partnership between Alaska Airlines and Air Space Intelligence began with a learning period for both organizations. ASI's staff shadowed the airline's dispatchers to learn how they worked, while Alaska Airlines learned more about how a machine-learning algorithm could be used to route traffic. While that might seem low, those accepted routes helped reduce Alaska Airlines' fuel consumption by more than 1.2 million gallons in 2023, according to the airline's annual sustainability report.

Persons: —, We've, they're, Pasha Saleh, Flyways, Saleh, Phillip Buckendorf, Buckendorf, Andreessen Horowitz Organizations: Alaska Airlines, Air Space Intelligence, Service, Space Intelligence, Alaska Airlines . Alaska Airlines, Federal Aviation Administration, ASI, IBM DOS, Airlines, Air, US Air Force Locations: Alaska, Boston, Denver, Poland, Washington, DC

☆ NVIDIA's earnings report sparks massive market anticipation, with analysts focusing on AI growth and 2025's potential.
▼ + stars: | 2024-11-20 | 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 EmailNVIDIA's earnings report sparks massive market anticipation, with analysts focusing on AI growth and 2025's potential. Beth Kindig, Tech Analyst at I/O Fund, and Gunjan Banerji, Lead Writer at The Wall Street Journal, discuss NVIDIA's strong growth, its impact on AI, and its potential to move the broader market.

Persons: Beth Kindig, Gunjan Organizations: Tech, Wall Street

☆ Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
▼ + stars: | 2024-11-20 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining from 50% to 34%. Anthropic doubled its market share from 12% to 24%. Although OpenAI and Anthropic dominated companies' AI model use, he said, people are "juggling models" and that habit is "not a well-understood piece of data." Meta 's market share stayed at 16% and Cohere's share remained at 3%.

Persons: Anthropic, OpenAI, Tim Tully, Claude, Tully, that's, Mistral's, Google's, Anthropic's Claude, —, chatbots Organizations: Menlo Ventures, Menlo, CNBC, Google, Microsoft Locations: Anthropic

☆ Nvidia's answers to these 3 questions will impact where the red-hot stock goes next
▼ + stars: | 2024-11-20 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

"There's two things you need to know about Nvidia," Jim continued. Here's a closer look at a few key questions surrounding Nvidia's fiscal 2025 third-quarter report and the subsequent conference call at 5 p.m. Nvidia's triple-digit revenue growth in recent quarters is widely expected to moderate due to the law of large numbers. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: you've, ChatGPT, Jim Cramer, Jim, there's, Blackwell, Jensen, Blackwell pushouts, we're, We're, we've, Hopper, —, Gross, Huang, Colette Kress, Nvidia, Kress, Jim Cramer's, Jensen Huang, Sam Yeh Organizations: Nvidia, Apple, AMD, Blackwell, Analysts, Truist Securities, Bank of America, Susquehanna, Microsoft, Meta, Sovereign, Evercore, Enterprise, CNBC, AFP, Getty Locations: CQ4, Japan, Indonesia, India, Denmark, Taipei

☆ Test for AI product service market is 'whether people are willing to pay': NYU's Aswath Damodaran
▼ + stars: | 2024-11-20 | 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 EmailTest for AI product service market is 'whether people are willing to pay': NYU's Aswath DamodaranAswath Damodaran, NYU Stern School of Business professor of finance, joins 'Closing Bell Overtime' to talk Nvidia earnings and valuation.

Persons: Damodaran Organizations: NYU Stern School of Business

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