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7 mentions found


☆ The 'godfather' of driverless cars says Tesla has a major advantage in the self-driving race
  + stars: | 2024-10-15 | by ( Hugh Langley | ) www.businessinsider.com   time to read: +7 min
Anthony Levandowski, who co-founded Google's Waymo, says Tesla has a huge advantage in data. Musk has promised self-driving Teslas for the better part of a decade. Likewise, Levandowski said he hoped for "a little more steak and less sizzle" on the substance of Tesla's self-driving technology. Related storiesYet perhaps few people understand the nitty-gritty of self-driving tech better than Levandowski. Uber's advantageWhile Tesla and Waymo compete for tech supremacy, Uber might be the frontrunner in the robotaxi race right now.
Persons: Anthony Levandowski, Google's Waymo, Tesla, Levandowski, —, Elon, that's, Musk, Uber, Donald Trump, That's, a16z, Waymo, Dmitri Dolgov, Ben Thompson, Thompson, Levandowki Organizations: Business, Google, Service, Wall Street, Wayve, General Motors Locations: Pronto
☆ Breaking is making its Olympics debut in Paris. Just don’t call it breakdancing
  + stars: | 2024-08-06 | by ( Faith Karimi | ) edition.cnn.com   time to read: +11 min
It might seem more like an artform than a sport, but breakdancing — known professionally as breaking — is making its Olympics debut this month in Paris. The Olympics adopted the same name to honor its culture and history and preserve its authenticity, Nifontov said. As breaking makes its Olympics debut, Cooper said a part of him fears it will lose some of the cultural qualities that make it a unique artform. Breaking events are scored on five factorsLike gymnastics or figure skating, breaking competitions are scored by a panel of judges. She eventually left her job at a global cosmetics company to focus on breaking and lives in New York City, where she trains.
Persons: breakdancing, Victor Montalvo, Victor, who’s, Michael Jordan, “, ” Montalvo, ”, Sergey Nifontov, James Brown, Richard Laird, Nifontov, Richard M, Cooper, ” Cooper, we’re, Brown, ” Nifontov, Robert Deutsch, Zack Slusser, Montalvo, Logan Edra, Yves Herman, it’s, …, Sunny Choi, Andrew Kelly, Jeffrey Louis, Jeffro, Louis, ” Louis, I’ll, ” Choi, I’ve, ” CNN’s Gonzalo Alvarado Organizations: CNN, CNN En Espanol, New York City, DanceSport Federation, New York City's, American Studies, Widener University, Olympics, USOC Media Summit, Paris, USA, Sports, Reuters, International Olympic, Olympic, USA’s, Team USA, University of Pennsylvania Locations: Paris, New York, China, France, Japan, Netherlands, South Korea, Ukraine, Kazakhstan, United States, New, Chester , Pennsylvania, Africa, Hollywood, Argentina, Leuven, Belgium, Mexico, New York City, Florida
☆ Buy this 'game-changer' biotech stock with more than 50% upside, BofA says
  + stars: | 2023-10-10 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +1 min
Analyst Geoff Meacham's $18 price objective implies a potential upside of 51% from the stock's $11.94 closing price Monday. Meacham cited the firm's strong pipeline of novel drugs and treatments as a catalyst. Specifically, Neumora's navacaprant drug could be a "game-changer for major depressive disorder," Meacham said. "Overall, the diverse pipeline and targets provide multiple opportunities for Neumora to potentially become one of the largest neuro-focused biotech companies." While the company is currently unprofitable, Meacham expects this to change in 2027, or one year after the company officially commercializes navacaprant for major depressive disorders.
Persons: Geoff Meacham's, Meacham, — CNBC's Michael Bloom Organizations: Bank of America
☆ A.I. offers 'magic elixir' for a slowing economy, says Raymond James. The best ways to play it
  + stars: | 2023-07-05 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Artificial intelligence may be the answer to a slowing economy, according to Raymond James. The Wall Street firm said AI is potentially the next "productivity catalyst" for a lackluster macro backdrop and outlined its favorite stocks to play the trend. These are some of the AI-focused names Raymond James recommends betting on: Perhaps unsuprisingly, Microsoft made the list. Raymond James also highlighted data infrastructure stocks powering AI platforms as another growth-driver for businesses such as Arista Networks . Other top AI picks from Raymond James include Salesforce , Alphabet and American Tower Corporation .
Persons: Raymond James ., commercializes, Frank Louthan, Raymond James, Wall, NVDA, Louthan, — CNBC's Michael Bloom Organizations: Microsoft, Nvidia, Arista Networks, Wall Street, Tower Corporation
☆ Here are Tuesday's biggest analyst calls: Microsoft, Apple, Alphabet, JPMorgan, PayPal, Shoals & more
  + stars: | 2023-05-09 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
JPMorgan initiates Alkami as overweight JPMorgan said the regional banking software company has strong fundamentals. " Bernstein reiterates Microsoft as outperform Bernstein said AI is going "everywhere and in everything" that Microsoft does. Goldman Sachs reiterates PayPal as buy Goldman said it sees further earnings upside after the company's earnings report on Monday. " Raymond James reiterates Palantir as strong buy Raymond James said it's standing by its strong buy rating on shares of the AI beneficiary. Credit Suisse downgrades PayPal to neutral from outperform Credit Suisse said it's too "challenging" to recommend shares right now.
Organizations: & & .
☆ Space Force chief says U.S. is facing a 'new era' of threats beyond Earth
  + stars: | 2023-04-20 | by ( Morgan Brennan | ) www.cnbc.com   time to read: +4 min
Chance Saltzman took the stage for his keynote at the Space Symposium in Colorado Springs, Colorado, this week, his message was simple: The U.S. is in a new era of space activity. "The threats that we face to our on-orbit capabilities from our strategic competitors has grown substantially," Saltzman, the U.S. Space Force's second-ever chief of space operations, said in a CNBC interview after the speech. Case in point: the Space Force's recently announced procurement strategy for more launch services. With business to be awarded next year, the National Security Space Launch Phase 3 is estimated to run into the billions of dollars and is expected to draw bids from the likes of Rocket Lab , Relativity Space and Jeff Bezos' Blue Origin, among others. While still just a fraction of the country's overall defense budget, the Space Force's $30 billion request for fiscal 2024 represents a 15% increase from this year's enacted levels.
☆ Wall Street is bullish on some corners of tech again, as Citi gives one stock 115% upside
  + stars: | 2022-10-11 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +2 min
Tech stocks have been in a funk for much of this year, as investors steered clear of growth sectors in a down market. Similarly, Morgan Stanley said it was "double" upgrading EU tech stocks. Software, IT hardware Citi said that it was upgrading these tech sectors in particular: software and services, as well as tech hardware. In a separate Sept. 20 note, Citi gave Elastic a price target of $155 – or an upside of 115%. The bank's basket of European growth stocks include: chip firm ASML , Dutch payment firm Adyen and financial software provider Temenos .
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