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☆ Feeling the pinch, groceries become a 'splurge' for millennials and Gen Z
▼ + stars: | 2024-10-12 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Younger generations spend more on groceries than other categories, a McKinsey report says. The firm asked over 4,000 people, from baby boomers to Gen Zers, about the categories they intend to splurge on this year. Groceries ranked highest for millennials and Gen Zers, outpacing restaurants, bars, travel, beauty and personal care, apparel, and fitness. It's a notable shift from 2018 when older generations like baby boomers and Gen Xers still spent more on groceries than millennials. It surveyed baby boomers to Gen Zers, not baby boomers to Gen Xers.

Persons: Moodys, —, Splurging, what's, Gen Zers, It's, Gen Xers, Zer, Peter Pham, Pham, Moody's Organizations: McKinsey, Service, McKinsey & Company, millennials, Forbes

☆ As a single mom, finances can be tight. Taking my son to Legoland was a good way to teach him about money.
▼ + stars: | 2024-10-12 | by ( Deborah Goldstein | ) www.businessinsider.com time to read: +6 min

As a single mom, finances can be tight, and I needed to figure out how to make it happen. At the start of every day during our trip, we talked about our budget and how to spend money. However, as a single mom, finances can be tight, and I knew it would take some strategic planning and scrimping to make the trip happen. He wanted a $150 Lego set at Legoland, so he knew he had limited funds to spend elsewhere. What he'll remember is seeing the panda at the San Diego Zoo and driving the cars at Legoland.

Persons: —, I'm, I've, I'd, He'd, Noah, wouldn't, Deborah Goldstein Organizations: Service, Lego, SeaWorld, San Diego, San Diego Zoo Locations: Legoland, San Diego, Oregon, California, San, SeaWorld, La Jolla

☆ I've traveled to over 40 countries and have the best experiences when I don't make a detailed itinerary
▼ + stars: | 2024-10-12 | by ( Melissa Noble | ) www.businessinsider.com time to read: +4 min

I've been to over 40 countries and have had the best experiences traveling without an itinerary. By not having a detailed plan for each day, I'm able to wander around freely and people-watch. AdvertisementI've been obsessed with travel since I was young, and so far, I've ticked off more than 40 countries on my bucket list. Although planning can save time and money, some of my best travel experiences have resulted from just winging it. However, I've found that some of my favorite travel memories were due to spontaneity.

Persons: I've, —, I'm, I'd, they've Organizations: Service, American Express Locations: London, Rocamadour, France, Paris, Andorra, Loches

☆ Flooded roads, worried passengers, and no income: Florida Uber and Lyft drivers share their experiences on the road before and after Hurricane Milton
▼ + stars: | 2024-10-12 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Uber and Lyft drivers in Florida saw gas shortages and obstructed roads before and after Milton. After making landfall in Florida, Hurricane Milton caused at least 14 deaths and left millions without power. In the days preceding the storm, some Uber and Lyft drivers went from transporting beachgoers to helping residents flee their communities — before eventually fleeing themselves. Related storiesTrent T., 50, drives independently for his own transportation company and for Uber and Lyft in South Florida. Are you an Uber or Lyft driver in a hurricane-impacted area who's willing to share your story?

Persons: Milton, —, Sergey, Hurricane Helene, Florida , Hurricane Milton, Hurricane Milton, Uber, Fort, Lyft, Trent, Blaine, Yvonne, Charles P, Orlando —, I'm, Charles Organizations: Service, BI, Hurricane, Florida Division, Emergency Management, Tampa, Drivers, jzinkula Locations: Florida, St . Petersburg , Florida, Hurricane, Florida , Hurricane, St . Petersburg, Clearwater, Orlando, Fort Myers, Sarasota, Tampa Bay, South Florida, Milton, Tampa, Ocala —, Savannah , Georgia, Titusville —

☆ The stock market's bull rally is 2 years old. Here's what tends to happen next.
▼ + stars: | 2024-10-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

With the bull market in stocks now two years old, investors are wondering how long the rally can last. AdvertisementThe stock market bottomed on October 12, 2022, marking two years since the start of the ongoing bull rally. A resilient job market, lower inflation, and continued corporate earnings growth helped push the stock market higher over the past two years. A common Wall Street expression is "rotation is the lifeblood of a bull market," and that appears to be playing out. Advertisement"Although many might think this bull market has gone too far and is getting old, that isn't the case at all.

Persons: —, Jay Woods, Woods, Ryan Detrick, Detrick, Baird, Ross Mayfield Baird, Ross Mayfield, Mayfield, Rob Haworth, Haworth Organizations: Service, Nasdaq, Dow Jones, Freedom Capital, Jay, Freedom Capital Markets, Carson, Carson Group, Business, Asset Management, Rob, Bank Asset Management, Federal Reserve

☆ The easy way to calculate how much protein you need, according to a nutrition coach for Olympians and CrossFitters
▼ + stars: | 2024-10-12 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +4 min

Molloy said to consume 0.75 grams of protein per pound of body weight for optimal health. Related storiesA 2022 study supports this, finding that 0.7 grams per pound of body weight was optimal for strength gains. AdvertisementHowever, a person with a lot of weight to lose should calculate their protein intake based on their goal weight not their current weight, he said. Gradually add more protein to breakfast, lunch, dinner, and snacksIf you want to increase your protein intake, Molloy advises looking at each of your meals in turn. "Once you've got those three meals sorted, you can start to look at other snacks throughout the day to try to increase your protein intake," Molloy said.

Persons: Mike Molloy, Molloy, —, that's, we've, you've Organizations: Service Locations: overeating

Fed rate cuts are likely to help push bitcoin and other risk assets higher, but some stablecoin issuers could suffer a hit to their revenue. Tether (USDT) and USD Coin (USDC) dominate the market, making up 70% and 21%, respectively, according to CryptoQuant. "As rates begin to fall, that has a giant impact on their [profit and loss] and their bottom line." Stablecoins – cryptocurrencies that promise a fixed value peg to another asset, usually the U.S. dollar – are widely seen as crypto's killer app. Jeremy Allaire, CEO of USDC issuer Circle, told CNBC lower interest rates are "a very good thing" for the company because lower interest rates will likely increase investment and economic activity – which would benefit the company.

Persons: Bernstein, Kevin Lehtiniitty, they're, Wainwright, Kevin Dede, Jeremy Allaire, Allaire Organizations: U.S ., CNBC

☆ It's a tough time to be a tech graduate — AI and layoffs have made it a competitive job market
▼ + stars: | 2024-10-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +10 min

Tech graduates, once near-guaranteed a role, are facing a tough job market. The rise of AI, offshoring, and tech layoffs are making roles more competitive. While the US job market is improving, experts say tech graduates are still struggling — and will continue to for a while. AdvertisementLayoff streakAfter two years of brutal tech layoffs, demand for tech workers has still not returned to pre-pandemic levels. "But there just isn't a lot of bites right now to say that AI is eliminating roles for entry-level workers."

Persons: —, Alex Diaz, Diaz, Diaz isn't, I'm, I've, James O'Brien, O'Brien, Alec Wolyniec, he's, Wolyniec, Alex Hernandez, Hernandez, Kantenga, Gen, Gen Z, Chris Abbass, it's Organizations: Tech, Service, of Maryland, —, University of Maryland, University of California, ADP, Federal, Emory University, LinkedIn, Twitter Locations: Berkeley, WFH

☆ I've spent over $10K on friends' weddings in 2.5 years. Anyone who puts you in a hard financial situation isn't a good friend.
▼ + stars: | 2024-10-12 | by ( Jane Zhang | ) www.businessinsider.com time to read: +10 min

Shannon Detrick has spent over $10,000 for friends' weddings and bachelorette parties since 2022. And that doesn't even include the four weddings for which we've been guests but not part of the wedding party. At the wedding, most of the members of our wedding party stayed for free in the big house on the wedding venue's property. There's also the issue of budgeting time off to attend friends' weddings — it starts to add up. That can be really, really challenging.

Persons: Shannon Detrick, —, I've, That's, we've, it's, It's, wasn't, we're, There's, she's, could've, I'm, Jane Zhang Organizations: Service Locations: Sacramento , California, Palm Springs, Miami, New Orleans, Denver, Maine, California, Sonoma

☆ Behind the scenes of the Trump movie Trump doesn't want you to see
▼ + stars: | 2024-10-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

That's because of a twisty backstory involving gun-shy Hollywood studios, a fledgling producer, and his father-in-law: Dan Snyder, a billionaire Trump supporter who initially bankrolled the movie. Related storiesYou got a Trump supporter to fund this movie, which in no way is a movie a Trump supporter would want to see, let alone fund. And so indirectly, a Republican Trump donor's money was paying for the production of this movie. The nightmare scenario would be that we shoot this movie and then Dan Snyder hates the movie and somehow is able to block it. AdvertisementThis will sound pretty cavalier from me, but: It seems like if there's an "unseeable Trump movie" that is going to immediately make people demand to see it.

Persons: Donald Trump's, Vanity Fair's Gabriel Sherman, —, Donald Trump, Gabriel Sherman, Sherman, Roy Cohn, Trump, Sebastian Stan, Bucky Barnes, Cohn, Succession's, Jeremy Strong, you'd, Dan Snyder, humanizes Trump, I've, humanize Donald Trump, I'm, Roger Ailes, It's Donald Trump's, Mark Rapaport, He's, Snyder, Ivana, Dan, who've, unseeable, Jeff Bezos, doesn't, mishegoss, Time Warner Organizations: Trump, Service, Marvel, Hollywood, Fox News, YouTube, Republican, Washington NFL, NFL, Republican Trump, Cannes, Telluride Film, MGM, Washington Post, FCC, Justice Department, Time Warner, CNN, Time, DOJ Locations: New York City, Cannes, French, France, America, Hollywood

☆ 23andMe users are worried about what might happen to their data. Here's what the company says.
▼ + stars: | 2024-10-11 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Some have called for users to delete data out of concern policies may change with new ownership. AdvertisementThe future of 23andMe is uncertain, and so is the fate of the data it has collected from millions of users. Business Insider asked the company itself, and a 23andMe spokesperson directed us to its privacy statement. The spokesperson added that 23andMe's privacy statement would apply "unless and until customers are presented with a new privacy statement by a new entity." In a different post, Eva Galperin, director of cybersecurity at Electronic Frontier Foundation, recommended 23andMe users request that their data be deleted.

Persons: —, Anne Wojcicki, she's, 23andMe, Anne, you've, Eva Galperin, it's Organizations: Service, Business, Electronic Frontier Foundation Locations: 23andMe

☆ Wealthy jet setters are flocking to these unexpected countries, travel agents say
▼ + stars: | 2024-10-11 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Wealthy travelers are vacationing at a mix of traditional and emerging destinations. The Asian countries wealthy travelers are increasingly visitingLuxury travel companies are expecting more travelers to visit Thailand following the premiere of "The White Lotus" season three, shot at Four Seasons Resort Koh Samui. Ken SeetAccording to Virtuoso, bookings for summer trips to Thailand were up 95% from 2023 to 2024. According to Virtuoso, summer bookings for the central European country were up 24%. More wealthy travelers are heading to Porto, Portugal proslgn/ShutterstockOr, for a greener, chillier getaway, head to the United Kingdom and Ireland.

Persons: —, What's, Ken Seet, Belles, Peter Zelei, Melissa Krueger, Quintessentially, Kelly Grumbach, Brian Kennedy, George Rose, Lucia, Virtuoso, Jim Krane, Barthélemy, Barts, Hurricane Irma, Grumbach, Saint Barthélemy, Holger Leue, Aman Organizations: Service, globetrotters, Eiffel, Belles, Ireland, Banff National Park, St, AP Locations: Rome, Paris, Thailand, Slovenia, United Kingdom, London, France, China, Canada, New York, Europe, Japan, Khao Villas Phuket, Maui, Hawaii, Taormina, Italy, Florence, Tuscany, Portugal, Lisbon, Porto, Ireland, Scotland, Banff, Lake Louise, Columbia, Dominican Republic, Hurricane, Saint, Caribbean, Anguilla

☆ Getting more F-16s is only half the battle. Ukraine also desperately needs to be training more pilots.
▼ + stars: | 2024-10-11 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +9 min

Ukraine needs more trained pilots to effectively build a reliable F-16 fighter fleet. AdvertisementUkraine desperately needs more trained pilots to effectively build a formidable F-16 fighter fleet, air warfare experts told Business Insider. AdvertisementTraining bottleneckF-16 training for Ukraine's pilots is being done by a coalition of countries, including the Netherlands, Canada, Denmark, the US, and Romania. "The number of F-16s we have in Ukraine, the number of pilots who have already been trained, is not enough," he said. AP Photo/Efrem LukatskyBohnert said the number of F-16s Ukraine is getting from its partners is "definitely not enough."

Persons: —, Michael Bohnert, Gordon, Skip, Davis, Bohnert, Volodymyr Zelenskyy, Efrem, Troels Lund Poulsen, George Barros, Ukraine's, Lockheed Martin, That's, Efrem Lukatsky, Lukatsky Bohnert, Zelenskyy, Russia's, it's Organizations: Training, Service, Ukraine, RAND Corporation, US Army, Defense Investment Division, REUTERS, Politico, AP, Danish Defense, General Dynamics, Lockheed, Associated Press, Ukrainian, Air, Patriot Air and Missile Defense, US Air Force Locations: Ukraine, Soviet, Netherlands, Canada, Denmark, Romania, Norway, Belgium, Kyiv, Ukrainian, Russia

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin bounces back to $62,000 as economic outlook remains in focus: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jeremy Allaire, CEO of Circle, provides an update on the company's plans to go public and its strategy in a lower-rate environment.

Persons: explainers, Jeremy Allaire Organizations: CNBC Crypto, CNBC

☆ 'The Apprentice' director shares the challenges of making a Donald Trump movie despite receiving a cease-and-desist letter from the former president
▼ + stars: | 2024-10-11 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +14 min

Ali Abbasi's film 'The Apprentice' faced backlash from Donald Trump after its Cannes debut. Advertisement"The filmmakers now readily admit they fabricated scenes and created fake stories to fit some deranged narrative about President Trump that is completely untrue," Trump communications director Steven Cheung said Friday. Do a Donald Trump movie!" But frankly, my motivation was that it is not a Donald Trump movie. Maria Bakalova as Ivana Trump and Sebastian Stan as Donald Trump in "The Apprentice."

Persons: Ali Abbasi's, Donald Trump, Abbasi, —, Ali Abbasi, Shelley, Sebastian Stan, Roy Cohn, Jeremy Strong, Stan, Strong, Maria Bakalova, Ivana Trump, Ivana, Trump, Gabriel Sherman, Michael Moore's, Trump's, Steven Cheung, Kamala, Kamala Harris, doesn't, You've, I'm, Roy, Donald, Roy Cohn's playbook, Gabe, Win McNamee, Sebastian, Jeremy, Maria, Martin Donovan, Fred, We're, John Nacion, don't, That's, wouldn't Organizations: Cannes, Trump, Service, York, Briarcliff Entertainment, Business, Zoom, Hollywood, White House, Coastal Carolina University Locations: New York City, Danish, Iran, York City, Hollywood, Cannes, Conway, SC, Scythia, Trump

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 6.20%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are in the mid 5% range, according to Zillow data. Average Refinance Mortgage Rates TodayRefinance rates are a bit higher today after dropping in September. Last month, 30-year refinance rates averaged 5.89%, while 15-year refinance rates were around 5.19%.

Persons: they've, you'll, Freddie Mac, it's, refinance Organizations: Fed, Federal Reserve, Zillow Locations: Chevron

☆ Satya Nadella reportedly calls 2 different CEOs every day — and has 2 favorite questions
▼ + stars: | 2024-10-11 | by ( Jaures Yip | Tim Paradis | ) www.businessinsider.com time to read: +4 min

Microsoft's CEO likes to schedule daily calls with CEOs to expand his network, The Information reported. Satya Nadella's networking reportedly includes leaders from AI but also non-tech industries. AdvertisementSatya Nadella's daily routine consists of waking up at 7 a.m., practicing mindfulness exercises, and, in a new twist, apparently making multiple phone calls to different CEOs. The Microsoft CEO reportedly asks staff to set up two calls a day with other executives of various companies, according to a new report from The Information detailing Nadella's networking strategies. Nadella, who reportedly remained in close contact with Suleyman for several years, eventually hired him to head up Microsoft AI.

Persons: Satya Nadella's, —, Satya, Aravind Srinivas, Pete Carroll, Sam Altman, Rebecca Arnold, Root, Arnold, Nadella, Mustafa Suleyman, Suleyman, There's Organizations: Service, Microsoft, Seattle Seahawks, Consulting, UAE Locations: Nadella

☆ Novo and Eli contender Zealand Pharma heralds its obesity drug alternative: It's our 'crown jewel'
▼ + stars: | 2024-10-11 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Jaap Arriens | NurPhotoDanish biotech Zealand Pharma is targeting the "next generation" of weight loss drugs as competitors pile into a market dominated by heavyweights Novo Nordisk and Eli Lilly . Last month, Zealand Pharma announced positive top-line results from a phase 1b trial of its weight-loss drug, a GLP-1/GLP-2 receptor dual agonist called Dapiglutide. Stock Chart Icon Stock chart icon Zealand Pharma. Novo Nordisk is also experimenting with its own version of the treatment, combining the GLP-1 component Semaglutide with amylin analog Cagrilintide in a candidate called CagriSema. Syringes from weight loss drugs "Wegovy," "Ozempic" and "Mounjaro."

Persons: Jaap Arriens, Eli Lilly, Adam Steensberg, Steensberg Organizations: Zealand Pharma, Novo Nordisk, CNBC, pharma, Nordisk, Union, Getty Locations: U.S

☆ Stock market next week: Earnings season ramps up with more big bank results
▼ + stars: | 2024-10-11 | by ( Sarah Min | Nicole Teo | ) www.cnbc.com time to read: +6 min

And, with earnings season set to ramp up, that could mean further gains. Already, on Friday, JPMorgan Chase and Wells Fargo were rallying in midday trading after reporting their latest results this week, an auspicious start to the earnings season. A strong earnings season Earnings results next week will be dominated by reports from the banking sector, giving investors further insight into the health of the capital markets as well as the consumer. Several regional banks are also set to announce how they did in the most recent quarter as well, such as PNC Financial Services Group and Citizens Financial Group. Even so, investors are optimistic about the outlook for corporate profits this earnings season, especially with expectations having come down.

Persons: what's, Oppenheimer, Wells Fargo, Charlie Ashley, Ashley, Goldman Sachs, Morgan Stanley, Ross Mayfield, Catalyst's Ashley, Baird's Mayfield, Mayfield, Charles Schwab, Huntington Bancshares Organizations: Dow Jones, Tech, Nvidia, JPMorgan Chase, Traders, Federal Reserve, Catalyst Funds, Nasdaq, Ashley . Bank of America, PNC Financial Services Group, Citizens Financial Group, Private Wealth Management, Treasury, Columbus, Columbus Day, Index, United Airlines, Hunt Transport Services, Citigroup, State, Goldman Sachs Group, Walgreens Boots Alliance, Johnson, Bank of America, PNC Financial Services, UnitedHealth, Price, PPG Industries, Steel Dynamics, Discover Financial Services, CSX, Abbott Laboratories, U.S . Bancorp, Financial Group, Philadelphia Fed, Retail, Manufacturing, Netflix, T Bank Corp, Elevance, Truist, Blackstone, Housing, Schlumberger, Procter, Gamble, Fifth Third Bancorp, Regions Financial, American Express Locations: Ashley, bullish, Prologis, NAHB

☆ I used to think it was strange when married couples kept finances separate. Now I do it with my husband.
▼ + stars: | 2024-10-11 | by ( Allison Raskin | ) www.businessinsider.com time to read: +8 min

"I Do (I Think)," explores essential conversations of marriage for a Gen Z and millennial audience. When I grew up and started hearing about married couples who had separate finances and alternated who paid for dinner, I found it weird at best and unsettling at worst. My view on married couples with separate finances changedNow that I'm older, I see it all differently. Different states also have different levels of protection for married couples who divorce, which can impact what extra steps you feel you do or don't need to take. I'm not financially savvy and I'm also hyperaware that money conversations can be deeply emotional in ways we aren't always equipped to handle.

Persons: Allison Raskin, —, John, I've, Stacy Francis, Francis Financial, I'm, Stacy, Kathleen Burns Kingsbury, Kathleen, Marguerita Cheng, Dominique Broadway, Dominique Organizations: New York Times, Service, Wall, US, Bureau, Corp, IRA, HarperCollins, Hanover Square Press Locations: Hanover

☆ Florida man who refused to leave his $1.25 million 'hurricane-proof' home said it was basically unharmed
▼ + stars: | 2024-10-11 | by ( Dan Latu | ) www.businessinsider.com time to read: +4 min

William Fulford chose to stay in his $1.25 million Tampa Bay-area home in Hurricane Milton's path. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. The storm came through and we were about 15 miles from the eye of it. The solar power kicked in when the city's grid went out, and we're still running on solar right now.

Persons: William Fulford, —, homebuilder, Fulford, Helene Organizations: Tampa, Service Locations: Cortez , Florida, downtown Tampa, Hurricane Milton, Bradenton

☆ Our toothbrushes are home to hundreds of new viruses. They could be the future of biotech.
▼ + stars: | 2024-10-11 | by ( ) www.businessinsider.com time to read: +6 min

A new study found hundreds of unique viruses called bacteriophage on toothbrushes and shower heads. A recent study found hundreds of viruses on samples from toothbrushes and shower heads, including many that have never been seen before, let alone examined. These are not viruses that are going to infect you, these are viruses that are potentially cool," Hartmann said. In the future, phage might be a rich source of biotech innovations like phage therapy, in the same way pharmaceuticals have developed medicines from plants or animals. Advertisement"There are a lot of things waiting to be discovered just under our noses or on our toothbrushes," Hartmann said.

Persons: —, Erica Hartmann, it's, Hartmann, Phages, Wahrman Organizations: Service, Northwestern University, Business, William Paterson University of New Locations: William Paterson University of New Jersey, Microbiomes

The windows burst during the storm, flooding the home with 2 to 3 feet of water, De Leon recalled. After Maria hit, when they left the house to assess the damage, they saw that some of their neighbors hadn't survived the hurricane. Milton made landfall as a Category 3 storm at 8:30 p.m. Wednesday near Siesta Key, Florida, a barrier island next to Sarasota. Figueroa was one of more than 100,000 Puerto Ricans who left Puerto Rico during Maria's aftermath. "Hurricane Maria changed our lives and I think that we will never underestimate any hurricane or natural disaster," Aponte Feliciano said in Spanish.

Persons: Hurricane Maria, Cecilia Rosa De Leon, Maria, De Leon, hadn't, Milton, ”, Shailier Figueroa, pantries, Figueroa, Jesús Eduardo Aponte Feliciano, Aponte Feliciano Organizations: Hurricane, Harvard University, Sarasota ., Puerto Ricans Locations: Puerto, Florida, Milton, Orlando, Apopka, seeping, Puerto Rico, Canóvanas, that's, U.S, United States, Siesta Key, Sarasota, Kissimmee, Philadelphia, Georgia

☆ Why Bitcoin creator Satoshi Nakamoto's identity matters to director Cullen Hoback: CNBC Crypto World
▼ + stars: | 2024-10-10 | by ( Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Bitcoin creator Satoshi Nakamoto's identity matters to director Cullen Hoback: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cullen Hoback, the director of 'Money Electric: The Bitcoin Mystery' discusses the debate around his film after it claims that Canadian developer Peter Todd is Bitcoin's anonymous creator, Satoshi Nakamoto.

Persons: Satoshi Nakamoto's, Cullen Hoback, explainers, Peter Todd, Satoshi Nakamoto Organizations: CNBC Crypto, CNBC

☆ Nvidia is nearing a record high. This is what's driving it.
▼ + stars: | 2024-10-10 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

Since the start of October, investors and Nvidia watchers have gained a few new numbers to add to their models. AdvertisementThe funding is the clearest sign that investors are still willing to back the biggest bet on generative AI available. OpenAI announced the fresh funding last week, led by Thrive Capital with Microsoft, Nvidia, Softbank, Khosla Ventures, and others participating. Thank you to Nvidia for delivering one of the first engineering builds of the DGX B200 to our office." But, anecdotal evidence of companies finding value in generative AI may be starting to penetrate the investor class as well, according to a new survey from Morgan Stanley.

Persons: —, OpenAI, Billionaire Vinod Khosla, Blackwell, Jensen Huang, Huang, doesn't, David Solomon, Morgan Stanley Organizations: Service, Nvidia, Microsoft, Softbank, Khosla Ventures, Billionaire, CNBC, Taiwan Semiconductor Manufacturing Company Locations: OpenAI, Blackwell

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