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☆ The Fed is very much a political entity, says Komal Sri-Kumar
▼ + stars: | 2024-11-22 | 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 EmailThe Fed is very much a political entity, says Komal Sri-KumarKomal Sri-Kumar, president of Sri-Kumar Global Strategies, joins CNBC's 'Squawk Box' to discuss his outlook on the economy, how he thinks the Fed should handle interest rates going forward, and more.

Persons: Komal, Kumar Komal, Kumar Organizations: Sri, Kumar

☆ Nvidia earnings are on deck. Here's what Wall Street is watching for
▼ + stars: | 2024-11-20 | by ( Pia Singh | In | ) www.cnbc.com time to read: +6 min

Expectations are high for Nvidia's earnings. Momentum behind Nvidia's Blackwell ramp Wall Street majors view Nvidia's Blackwell platform — which should be generally available in the January quarter — as a multibillion-dollar revenue opportunity for the chipmaker. Nvidia had said in August that it expected about "several billion" in Blackwell sales during the January quarter. According to Piper Sandler analyst Harsh Kumar, Nvidia could deliver between $5 billion and $8 billion of Blackwell revenue in the January quarter. Analysts are also largely undeterred by recent concerns about a recent report from The Information that Nvidia's Blackwell NVL-72 server racks are experiencing issues with overheating.

Persons: Blackwell, Nvidia's, Piper Sandler, Harsh Kumar, Kumar, Goldman Sachs, Goldman, Toshiya Hari, Nvidia's Blackwell NVL, Vivek Arya, Hopper, Atif Malik, Hari, Nvidia's Hopper, Wells Fargo's Aaron Rakers, Ruben Roy, Roy Organizations: Nvidia, Blackwell, Citi, Nvidia's Blackwell, Bank of America, HSBC, Hopper, Data, Elon

As of last week, nowhere else on the planet has air so hazardous to human health, according to global air quality monitors. By evening it feels like I am lifeless.”Deepak Rajak, whose asthma has worsened in recent weeks, visits a pollution clinic in New Delhi. Anushree Fadnavis/ReutersCommuters step out in a foggy winter morning amid rising air pollution, on November 19, 2024 in Greater Noida, India. But analysts say governments are focusing more on the emergency response rather than sustained efforts to improve air quality. While stubble burning during the winter harvest season exacerbates pollution levels, to solve the crisis, pollution needs to be tackled year-round, Dahiya said.

Persons: Deepak Rajak, Rajak, ”, Ram Manohar Lohiya, It’s, Atishi, that’s, CNN Rajak, Kajal Rajak, they’re, ” Kajal, “, Vipin Kumar, Anushree Fadnavis, Sunil Ghosh, Mohammad Ibrahim, ” Ibrahim, Ibrahim can’t, Aditya Kumar Shukla, Delhi’s Batra, Shukla, Amit Jindal, Jindal, Gaurav Jain, Batra, Manish Swarup, Ajay Aggarwal, Sunil Dahiya, Dahiya, ” Dahiya Organizations: New, New Delhi CNN, CNN, World Health Organization, Indian Ministry of Forest Environment, Hindustan Times, Getty, Indian Air Force, ”, Clean Air Program Locations: New Delhi, Delhi, Greater Noida, India

☆ What to watch in Nvidia's earnings on Wednesday
▼ + stars: | 2024-11-18 | 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 EmailWhat to watch in Nvidia's earnings on WednesdayHarsh Kumar, analyst at Piper Sandler analyst, joins CNBC's 'Squawk on the Street' to discuss Nvidia's overheating issue with its chips, what he's looking for in the company's earnings on Wednesday, and more.

Persons: Harsh Kumar, Piper Sandler

☆ Ten newborn babies killed in a hospital fire in India
▼ + stars: | 2024-11-16 | by ( Associated Press | ) www.nbcnews.com time to read: +2 min

LUCKNOW, India — A fire tore through a neonatal intensive care unit in a hospital in northern India, killing 10 newborn babies and injuring 16 others, authorities said. The fire occurred late Friday at a hospital in Jhansi city in India’s Uttar Pradesh state. Brajesh Pathak, the deputy chief minister of the state, visited the hospital and met with families on Saturday. While fire alarms had been installed in the intensive care unit, parents and witnesses said they did not activate during the blaze. Fires are common in India, where building laws and safety norms are often flouted by builders and residents.

Persons: Bimal Kumar Dubey, Brajesh Pathak, “, ”, Naresh Kumar, Akhtar Hussain Locations: LUCKNOW, India, Jhansi, India’s Uttar Pradesh

☆ Jhansi, India: Hospital fire kills 10 newborn babies
▼ + stars: | 2024-11-16 | by ( Story The Associated Press | ) edition.cnn.com time to read: +2 min

Lucknow, India (AP) — A fire tore through a neonatal intensive care unit in a hospital in northern India, killing 10 newborn babies and injuring 16 others, authorities said. The fire occurred late Friday at a hospital in Jhansi city, Uttar Pradesh state. Brajesh Pathak, the deputy chief minister of the state, visited the hospital and met with families on Saturday. Rescuers had to break through windows to reach the newborn babies. In May, at least six newborn babies died in a fire at a children’s hospital in New Delhi, three years after a hospital fire in the western state of Maharashtra killed 10 newborns.

Persons: Bimal Kumar Dubey, Brajesh Pathak, “, ”, Naresh Kumar, Akhtar Hussain, CNN’s Manveena Suri, Kathleen Magramo Locations: Lucknow, India, Jhansi city, Uttar Pradesh, New Delhi, Maharashtra

☆ Wall Street looks for Nvidia to take the baton from election trades to keep rally alive in the week ahead
▼ + stars: | 2024-11-15 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

What exactly President-elect Donald Trump's second term means for the stock market will be the question investors continue to grapple with in the week ahead. Nvidia earnings results will also be on deck as investors deal with stubbornly high interest rates as well. The Dow Jones Industrial Average surged past 44,000 for the first time ever, and the S & P 500 and the Nasdaq Composite similarly posted new records. Sales of Blackwell and Grace Blackwell are expected to start to show up in results next year. The SPDR S & P Regional Banking ETF has surged 11% this month.

Persons: Donald Trump's, Jimmy Chang, Jensen Huang, CNBC's, Blackwell, Grace Blackwell, Harsh Kumar, Piper Sandler, Kumar, Jensen, Donald Trump, Robert F, Kennedy Jr, Novavax, Ken Mahoney, Trump, There's, Mahoney, Rockefeller's Chang, Chris Rupkey, Jerome Powell Organizations: Dow Jones, Nasdaq, Rockefeller Global Family, Treasury, Nvidia, Blackwell, Health, Human Services Department, Moderna, Asset Management, Regional Banking ETF, Federal, White, FWDBONDS, Housing, Walmart, Lowe's, Palo Alto Networks, Philadelphia Fed, . Kansas City Fed Manufacturing, Ross Stores, Intuit, Deere, PMI, PMI Manufacturing, PMI Services Locations: China, U.S, NAHB, . Kansas, Michigan

☆ President Trump made many tax cut promises. Even with GOP sweep, they won't be easy for Congress to keep
▼ + stars: | 2024-11-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +15 min

"Look at which tax cuts were getting the most focus on the campaign trail. A traditional GOP tax policy might be thought of as favoring business tax cuts. "The top priority is extending the Trump tax cuts and the signature part of his program. Notably, House Speaker Mike Johnson has voiced support for the traditional view of funding tax cuts through economic growth. Individual tax cuts versus Social Security, business tax breaksHistory shows that when it comes to the battle between individual and business tax cuts, contrary to popular perception, individual tax issues are always politically dominant issue.

Persons: Donald Trump, Mnuchin, Stamper, Dustin Stamper, Grant Thornton, Rohit Kumar, Mitch McConnell, Trump, Kumar, Mike Crapo, Mike Johnson, It's, PwC, Biden, John Paulson, Paulson, Elect Trump, Joe Manchin, Kamala Harris, Elon Musk Organizations: Van Andel, Trump, GOP, Representatives, Idaho Republican, Senate, Capitol, Social Security, Child Tax, Corporations, New York Times, Republican, Social, Tax, Republicans, Democrats, West, CBO, IRS, Defense, Federal Reserve, Washington , D.C Locations: Grand Rapids , Michigan, U.S, Idaho, West Virginia, Washington ,

☆ Piper Sandler names Nvidia a top pick, sees shares rising nearly 20% after blockbuster year
▼ + stars: | 2024-11-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Nvidia is a 'most-own' stock, according to Piper Sandler. The investment firm named the semiconductor giant its top large-cap pick, citing the launch of Nvidia's upcoming Blackwell chip and lead within artificial intelligence computing. Analyst Harsh Kumar stood by his overweight rating on the stock and raised his price target to $175 from $140. Additionally, Nvidia's Blackwell chip should become available in the first quarter of next year and could bring in between $5 billion to $8 billion in revenue, Kumar said. "As supply improves, we see more customers coming on for Blackwell beyond initial hyperscaler adoption in the following April quarter," Kumar wrote.

Persons: Piper Sandler, Harsh Kumar, Kumar, Nvidia's Blackwell, Grace Blackwell Organizations: Nvidia, Blackwell, Microsoft, Meta

☆ Climate Action 15: 2024's Leading Innovators for a Sustainable Future
▼ + stars: | 2024-11-11 | by ( ) www.businessinsider.com time to read: +40 min

Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.

Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, —, Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina

☆ Meet the Press – November 10, 2024
▼ + stars: | 2024-11-10 | by ( ) www.nbcnews.com time to read: +56 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is Meet the Press with Kristen Welker. In a Meet the Press interview during his 2016 run, he suggested that his insurgent bid could generate cross-party appeal. AMY WALTER:Yeah, and the other thing that, you know, Democrats have been dining off the anti-Trump coalition now since 2017. RAMESH PONNURU:I think Democrats wildly overestimated the power of the abortion issue to drive candidate choice as opposed to referendum. There would be pressure on the president, President Biden, to not run for reelection.

Persons: KRISTEN WELKER, DONALD TRUMP, PRES, JD VANCE, Donald Trump, KAMALA HARRIS, Kamala Harris, JOE BIDEN, John Barrasso of, Bernie Sanders, Garrett Haake, Amy Walter, Ramesh Ponnuru, María Teresa Kumar, it’s, Kristen Welker, Trump, SEN, TED, JOHN MORENO, JD Vance, MIKE JOHNSON, Biden, they've, NANCY PELOSI, Kamala, DEBBIE DINGELL, RITCHIE TORRES, DAVID AXELROD, ALEXANDRIA OCASIO, unquote, JON FAVREAU, Joe Biden's, JON LOVETT, Joe Biden, “, “ It's, … they're, I'm, Steve Kornacki, STEVE KORNACKI, Kristen, ”, Trump's, That's, You've, Donald Trump's, Harris, Barack Obama, John McCain, it's, Steve, They're, you've, Barrasso, Press . SEN, JOHN BARRASSO, Bill Clinton “, ” Donald Trump, JOHN, We've, He's, we've, that's, Lindsey Graham, He'll, Robert F, Kennedy Jr, Trump hasn't, Susie Wiles, we're, President Trump, John Kennedy, Bobby, Sanders, BERNIE SANDERS, Let's, Nancy Pelosi, I’m, James Carville, JAMES CARVILLE, I've, Sotomayor, Garrett, he's, GARRETT HAAKE, John Barrasso, Paul Ryan's, Amy, AMY WALTER, – KRISTEN WELKER, It's, –, María Teresa, David Noriega, Mario, DAVID NORIEGA, MIREYA ALVAREZ, MARIO ALVAREZ, MARÍA TERESA KUMAR, Ramesh, RAMESH PONNURU, Richard Nixon, Aaron Burr, didn't, he'd, They've, TERESA KUMAR, María, – MARIA TERESA KUMAR, Dobbs, should've, Harris would've, ” KRISTEN WELKER, We'll Organizations: Republicans, Senate, Vermont, NBC, Capitol Hill, National, Press, NBC News, Arizona, Democratic, Republican, REP, Twitter, Trump, Republican Senate, Supreme, White, National Political, Republican Party, Democratic Party, Biden, Senate Republican, Press ., Trump's, United States Senate, Justice Department, Democrat Party, Security, Social Security, FDR, they're, California, Mr, Trump swiped, Democrats, –, Veterans Locations: United States of America, United States, John Barrasso of Wyoming, Washington, American, ALEXANDRIA, CORTEZ, USA, America, California, New York, Wisconsin, Madison , Wisconsin, Milwaukee County, Harris, Arizona, Pennsylvania, Mexico, Vermont, Nancy, Congress, U.S, Texas –, Texas, Philadelphia

☆ Eating alone can cause you to overeat. Here's how to combat solo dining in a healthy way.
▼ + stars: | 2024-11-06 | by ( Samantha Fink | ) www.businessinsider.com time to read: +5 min

Registered dietitians say that communal eating can help combat the negative effects of solo eating. Whereas, eating in a stressed or tense state, like while looking over work emails, can cause us to digest food improperly and overeat. Baum suggests initiating virtual meal dates with family or friends, potlucks, or neighborhood meals to mitigate our lonely eating time. AdvertisementBaum added that the simple act of being more social can lead to more opportunities for communal eating. For example, joining clubs or activities often leads to people eating food together afterward.

Persons: —, mindlessly munch, we're, Laura Baum, Lesley Kumar, Baum, Kumar, Daniel Glazer, Glazer, it's Organizations: Service, Business, Research, University of Oxford

☆ Pakistan province calls for ‘climate diplomacy’ with India as record smog chokes major city
▼ + stars: | 2024-11-04 | by ( Lex Harvey | Sophia Saifi | ) edition.cnn.com time to read: +4 min

Islamabad, Pakistan CNN —A smog-choked province in eastern Pakistan has issued a rare plea for cross-border collaboration with India, as major cities in both countries endure severe air pollution that risks the health of millions. “We are suffering in Lahore in a way due to the eastern wind corridor coming from India,” he said. Lahore, home to more than 14 million people, saw its air quality index surpass a record 1,900 in one part of the city on Saturday, according to IQAir, which tracks global air quality. Experts say India’s air pollution is so bad that smog could take years off the lives of hundreds of millions of people. Both India and Pakistan have tried to clamp down on the practice, but it is still widespread.

Persons: Raja Jahangir Anwar, ” Anwar, Punjab’s, ”, Arif Ali, Sakib Ali, Maryam Nawaz, Parveen Kumar Organizations: Pakistan CNN, Environment, CNN, Getty, Hindustan Times, World Health Organization, Experts, India’s Locations: Islamabad, Pakistan, India, Punjab, Pakistan’s, Lahore, AFP, Delhi Meerut, Ghaziabad, Delhi –, Gurgaon, India’s Punjab, Haryana, Pakistan’s Punjab

☆ As the election winds down, worries of 'bond vigilantes' and inflation hit markets
▼ + stars: | 2024-11-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

Specifically, he warned about traders taking the 10-year Treasury yield , a bond market benchmark, above 5% — a level it hasn't seen since mid-2007. To be sure, there are myriad reasons why the bond market has been in a state of tumult since mid-September, political considerations of a second Trump term being just one of them. "The bond market could easily nullify the impacts of another rate cut. That's because the bond market believes the Fed is cutting rates by too much, too soon, and is therefore raising long-term inflation expectations. It could carry "higher tariffs and mass deportations, which triggers stagflation in the US including a second inflation spike," the bank said.

Persons: Donald Trump, Chip Somodevilla, Kamala Harris, Ed Yardeni, Yardeni, Trump, Harris, Kumar, it's, Karen Dynan, Trump's, Peterson, Morgan Stanley Organizations: Fiserv, Republican National Convention, Treasury, Trump, Reserve, Bond, Yardeni Research, Sri, Kumar, Peterson Institute for International Economics, Federal Reserve, JPMorgan, Republicans Locations: Milwaukee , Wisconsin, United States

☆ Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
▼ + stars: | 2024-11-01 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

Loading chart...LONDON — U.K. borrowing costs posted two days of gains right after the Labour government unveiled a huge package of borrowing and tax rises in its Wednesday budget — but analysts downplayed the possibility of a second "mini-budget" crisis in the British bond market. The 10-year gilt yield , representing medium-term borrowing costs for the government, was slightly lower on the day at 11:20 a.m. London time. Yields move inversely to prices, so higher yields represent a sell-off in bonds — and an aversion to funding U.K. debt. The incident sent bond yields soaring so rapidly, they threatened to destabilize pension funds. Loading chart..."The market is right to be concerned" about the U.K. fiscal outlook, Mohit Kumar, chief financial economist for Europe at Jefferies, told CNBC.

Persons: Rachel Reeves, Reeves, Liz Truss, BOE, Susannah Streeter, Hargreaves Lansdown, It's, Streeter, CNBC's, Sterling, Mohit Kumar, We've Organizations: LONDON, Labour, Wednesday, Bank of England, Deutsche Bank, Hargreaves, U.S ., Jefferies, CNBC Locations: London

☆ AI is going to disrupt knowledge workers, create upward social mobility in jobs, says Cognizant CEO
▼ + stars: | 2024-10-31 | 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 EmailAI is going to disrupt knowledge workers, create upward social mobility in jobs, says Cognizant CEORavi Kumar, Cognizant CEO, joins CNBC's 'Money Movers' to discuss how the company is integrating AI, Q3 earnings results, and more.

Persons: Ravi Kumar

☆ Microsoft's new AI CEO rolled out his first big product update. Some staff and users say the previous version was better.
▼ + stars: | 2024-10-31 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +6 min

It was is the first major release from Microsoft's new consumer AI org, under Mustafa Suleyman. It was the first major product release from Mustafa Suleyman's new Microsoft AI group, and it's had a mixed reception so far. AdvertisementHigh expectationsMicrosoft hired Suleyman in March to oversee consumer AI products such as the Bing search engine and the Copilot AI chatbot . For instance, Suleyman's consumer Copilot app is separate from an AI Copilot tool that Microsoft offers as part of its M365 suite of business software. User feedbackIn the public App Store reviews, users complained about several specific issues that have arisen since the consumer AI Copilot app was updated Oct. 1.

Persons: Mustafa Suleyman, —, Mustafa Suleyman's, it's, Suleyman, Susanne Franz, Divya Kumar, Kumar Organizations: Microsoft, Service, Business, Copilot

☆ AMD still has a gap to close with Nvidia's AI chips
▼ + stars: | 2024-10-30 | by ( Helen Li | ) www.businessinsider.com time to read: +4 min

AMD aims to close the gap with Nvidia, which holds 80% of the GPU market. AMD still has a large gap with Nvidia, as it lags behind in GPUs or graphics processing units. Su responded that AMD's road map "actually closed a good part of that gap" with Nvidia's products and that AMD holds an advantage in data center retrofitting. Advertisement"As much as we still believe NVDA will be hard to shake from its 80-85% AI share, AMD still has done an enviable job from virtually zero to ~5% market share," Arya wrote in a note released on Wednesday. Even if this share remains unchanged, the underlying AI growth will still provide AMD "the chance to participate," he added.

Persons: —, Lisa Su, MI350, Blackwell, Vivek Arya, Su, Piper Sandler, Harsh Kumar, We've, Arya, Morgan Stanley Organizations: AMD, Nvidia, Service, Devices, Wall Street, Bank of America Securities, Analysts, Microsoft, Meta, Google

☆ Hotels are leaning into their spookier sides to sell ‘rooms with a boo’
▼ + stars: | 2024-10-29 | by ( Blane Bachelor | ) edition.cnn.com time to read: +13 min

Perhaps unsurprisingly, more and more hotels are happy to show off their spookier side as a result. “They ditched the [premise of], ‘Oh, people may be scared,’ and said, ‘Wow, people will come and I can market it, so we’re a haunted hotel,’” said Melchiorri. The inspiration for Stephen King’s novel-turned-film “The Shining,” the 420-room grande dame, whose imposing facade is nearly as dramatic as its Rocky Mountains backdrop, is arguably the world’s most famous haunted hotel. From a messaging and marketing perspective, hotels should share their ghost stories or spooky lore “in a way that they don’t surprise anyone,” Orr said. “My experience is, whether they will admit it or not, most hotels have something that goes bump in the night,” Hunnings said.

Persons: Brian Hunnings, you’re, “, Anthony Melchiorri, ”, Katherine Orr, Elizabeth Harlow, Stephen King's, Helen H, Richardson, ’ earshot, ’, ’ ”, Stephen King’s, Stephen King Suite, –, Steve Azar, Vincent Alban, Hunnings, ” Hunnings, ” Steven Azar, Gifford, Azar, Don’t, ” Azar, Kumar Sriskandan, ” Orr, chambermaid Sallie White, Orr Organizations: CNN, Red Cliffs, CNN Travel, Hotels of America, Hospitality, Hyatt, Marriott, Denver Post, National Retail Federation, Stanley Film Center, Boston Globe, Cliffs, of Film, Western Heritage, “ Cornell Hospitality Quarterly, Alamo Locations: Red, Moab , Utah, Colorado, Estes Park , Colorado, Gifford, Provincetown, Moab, Provincetown , Massachusetts, San Antonio , Texas

Amid the flurry of partnerships announced on the occasion was a deal between Reliance and Nvidia to build AI infrastructure in India. Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model, as the American chip company looks to ramp up business in one of the world's biggest technology markets. Nvidia also announced Nemotron-4-Mini-Hindi 4B — a small language model in Hindi, the widest-spoken of India's multitude of languages. Companies running Nvidia hardware can deploy this language model, while Indian IT consultancy Tech Mahindra is using Nvidia's model to launch its own Hindi AI model, Project Indus 2.0. "India is very, very dear to the world's computer industry, central to the IT industry," Huang said.

Persons: Huang, Jensen Huang, Akshay Kumar, Mukesh Ambani, Narendra Modi, Modi, Neil Shah, Shah Organizations: Reliance, Nvidia, Yotta, Tata Communications, Reliance Industries, Companies, Indian, Tech Mahindra, Infosys, Wipro, TCS, Reliance Jio, Ambani's Reliance Industries, Counterpoint Research, CNBC Locations: India, Mumbai, American

Karnal, India CNN —The sun blisters the arid ground in Karnal, a district in India’s northern Haryana state, where empty houses stand testament to an acute problem that’s driving some residents to take unimaginable risks. Ankit Chaudhary says he paid an agent to help him take the 'donkey route' into the US but lost his money. His account matched that of another smuggling agent CNN spoke to in Haryana. But even if Trump wins the November election, smugglers CNN spoke to in India predict an eventual revival of the “donkey” route. “In my opinion the donkey route will never completely stop,” said the first agent.

Persons: ”, Ankit Chaudhary, ” Chaudhary, Narendra Modi, “ Viskit, ” Modi, “, Bharat, Chaudhary, Rajeev Kumar, Malkeet, ” Kumar, Young, Muzaffar Chishti, ” Chishti, ” Ankush Malik, Malik, They’ve, Chishti, ‘, ’, Frederic J . Brown, CNN's Ivan Watson he's, Trump, we’re, ” Trump, Kamala Harris, Gary Coronado, ’ Kumar, Kumar Organizations: India CNN, USA, CNN, US, Pew, India’s Ministry of Labour, Employment, Panama City, International Labour Organization, Migration, Institute, Biden, YouTube, Customs, Border Protection, Justice Department, Biden Administration, Border Patrol, Migrants, Getty, White, Democratic, Trump, Immigrants, Border, Los Angeles Times, El Locations: Karnal, India, India’s, Haryana, United States, Latin America, Mexico, El Salvador, Mator, Kaithal, New Delhi, Dubai, Almaty, Kazakhstan, Turkey, Istanbul, Panama, San Salvador, Guatemala, New York, Qatar, Amsterdam, Springs , California, AFP, San Diego, South Asia, September’s

☆ Fed 'mismanaged' rate cuts & long-term rates could continue to rise, says Komal Sri-Kumar
▼ + stars: | 2024-10-21 | 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 EmailFed 'mismanaged' rate cuts & long-term rates could continue to rise, says Komal Sri-KumarKomal Sri-Kumar, Sri-Kumar Global Strategies president, and Max Wasserman, Miramar Capital senior portfolio manager, join CNBC's 'The Exchange' to discuss economic outlooks, expectations for rates, and more.

Persons: Komal, Kumar Komal, Kumar, Max Wasserman, CNBC's Organizations: Kumar Global, Miramar Capital

☆ Taylor Swift shook off publishers for her new book. That could spell trouble for the rest of the industry.
▼ + stars: | 2024-10-17 | by ( Samantha Grindell | Madeline Berg | ) www.businessinsider.com time to read: +11 min

Taylor Swift is self-publishing "The Eras Tour Book" and releasing it exclusively at Target. By excluding traditional publishers, Swift ensured she would get more of the book's revenue. With her latest announcement, the singer is back to her business-disrupting playbook with "Taylor Swift | The Eras Tour Book." AdvertisementIn what most closely resembles her book deal, Swift self-produced last year's "Taylor Swift: The Eras Tour" film. "Obviously, Taylor Swift is sort of a case under herself for this stuff in terms of just her reach," Hane said.

Persons: Taylor Swift, Swift, —, she's, it's, Clayton Durant, Simon &, Erik Hane, they're, It's, Ashok Kumar, Courtney Maum, Jessica Maddox, Gareth Cattermole, Maddox, Hane, Vittorio Zunino Celotto, Durant, vinyls, Taylor, John Shearer, Beyoncé, Paul Dergarabedian Organizations: Target, Service, Taylor Swift Publications, Nation School of Music, Sports, Entertainment, Simon & Schuster, Macmillan, HarperCollins, Hachette —, Literary, University of Alabama, Department, Universal Music, Big, Bloomberg, Poets Department, AMC, Mojo, Disney Locations: Long, Target, London, TikTok, Milan

☆ AI labs are fragmenting because of ego clashes and commercial pressures. It's about to drive a wave of new startups.
▼ + stars: | 2024-10-15 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

There is an impending wave of new startups spinning out of larger AI labs, per Air Street Capital's State of AI report. AI labs are fragmenting due to ego clashes, philosophical disagreements, and commercial pressures. But as AI labs work towards the sector's holy grail, known as artificial general intelligence, those personalities have clashed — sometimes leading to a very public parting of ways. They are just some of the examples in a long line of AI labs that have fractured away from their juggernaut predecessors to form new startups. The exception would be if AI labs pivot toward building a niche model within a specific vertical, he said.

Persons: —, Ilya Sutskever, Andreessen Horowitz, StabilityAI's, H's cofounders, Sam Altman, Noel Hurley, they're, Nathan Benaich, Samir Kumar, Kumar, Peter J, Liu, Hurley, Benaich Organizations: Service, Sequoia, Black, Labs, TechCrunch, Accel, UiPath, NEA, Founders, Air Street Capital, Literal Labs, Touring Capital, Meta, Google Locations: Capital's, Paris, Sutskever

CNN —Canada announced the expulsion of six Indian diplomats Monday, including the high commissioner, after the police accused agents of the Indian government of being linked to homicides, harassment and other “acts of violence” against Sikh separatists in the country. The Indian government has called the accusations “preposterous” and said it was withdrawing the officials expelled by the Canadian government. Earlier on Monday, the Royal Canada Mounted Police (RCMP) took the unusual step of publicly disclosing details of multiple investigations into the involvement of Indian government agents alleged to have taken part in “serious criminal activity” in Canada. RCMP Commissioner Mike Duheme, left, and Assistant Commissioner Brigitte Gauvin take part in a news conference at RCMP National Headquarters in Ottawa on Oct. 14, 2024. Earlier this year, Canada charged several Indian nationals with the alleged murder of Nijjar, a Canadian citizen.

Persons: ”, Mélanie Joly, Stewart Ross Wheeler, Sanjay Kumar Verma, ” Joly, “, Hardeep Singh Nijjar, Mike Duheme, Duheme, Brigitte Gauvin, Justin Tang, ” Duheme, Nijjar, Trudeau, Weeks, Gurpatwant Singh, Nikhil Gupta, Pannun Organizations: CNN — Canada, Sikh, “ Global Affairs Canada, Canada’s, Foreign Affairs, India’s Ministry, External Affairs, Royal Canada Mounted Police, RCMP, RCMP National Headquarters, Canadian Press, Canadian, ” Global Affairs Canada, Indian Locations: Canada, India, Ottawa, Canadian, Surrey, British Columbia, India’s Punjab, United States

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