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☆ Here are 4 ways to approach the daily swings we're seeing lately in the stock market
▼ + stars: | 2024-04-16 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

There have been some sizeable swings in the stock market lately, both day-to-day and even during single trading sessions. But then around noon ET, the S & P 500 topped out and reversed lower. "Put simply: The S & P Oscillator is our most trusted indicator of how to act during big upswings or huge downdrafts in the market. You don't want to be sitting at your computer, staring at your screen when the major stock market benchmarks are getting knocked all around the place. And, if the flipside is true in an over-bought market, having the courage to trim when emotionally you're thinking let that baby run.

Persons: Jim Cramer, Friday's, …, Jim Cramer's, Jim, Michael M Organizations: Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, New York City

☆ ‘The Sympathizer’ review: Robert Downey Jr. heads down the rabbit hole of the Vietnam War
▼ + stars: | 2024-04-14 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —The fortuitous timing of having a series produced by and featuring newly minted Oscar-winner Robert Downey Jr. tumbles down a very strange rabbit hole in “The Sympathizer,” a darkly satirical look at the Vietnam War and its aftermath. Each episode begins with dated-looking credits that evoke the 1970s, a promising Quentin Tarantino-ish conceit that, given what follows, sets expectations too high. As constructed, it’s a rather heavy-handed approximation of the fate Vietnam experienced in the pull of the war, which doesn’t make the Captain’s increasingly surreal arc any more compelling. Strangelove,” assuming that was the intent, than a means of maximizing the star’s presence without really heightening its impact. “The Sympathizer” is hardly the first project to funnel the contradictions of the Vietnam War through an exaggerated lens (“Apocalypse Now” being a prime example), but except for a few bracing sequences the execution only clouds that vision.

Persons: Robert Downey Jr, Downey, can’t, Park Chan, ”, Don McKellar, Quentin Tarantino, Duy Nguyen, Fred Nguyen Khan, Peter Sellers, “ Dr, Strangelove, Sandra Oh, David Duchovny, “ Organizations: CNN, Viet Thanh, CIA, HBO, coy, Credit Downey, Warner Bros . Locations: Vietnam, Viet, Saigon, what’s, “

☆ Inside Andy Jassy's plan for Amazon in the generative AI era
▼ + stars: | 2024-04-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. By the way, we're wrapping up voting for the championship matchup in our business, tech, and innovation bracket. In today's big story, we're looking at Amazon CEO Andy Jassy's letter to shareholders, which details the tech giant's plan in the age of generative AI . What's on deck:AdvertisementBut first, Amazon, AI, and a letter. The big storyAmazon in the AI ageMichael M. Santiago/Getty Images; Chelsea Jia Feng/BIThe generative AI revolution is coming, and Amazon wants in on the ground floor.

Persons: —, We've, Andy Jassy's, Michael M, Chelsea Jia Feng, Andy Jassy, Ana Altchek, Jassy, that's, Andy Jassy Mike Blake, Eugene Kim, Jassy's, Phillip Faraone, Gregor Fischer, Noam Galai, Here's, it's, Morgan Stanley, Ben Bergman, Rebecca Zisser, Adam Neumann, Neumann, Samantha Lee, Bon Appétit, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Amazon, Getty, AWS, Bridgewater Associates, Pfizer, Reuters, Prime, TechCrunch, Games, New York Times, Visual China, BI, JPMorgan Chase, Citigroup, Coachella Locations: Wells Fargo, New York, London

☆ Alibaba shares jump after founder Jack Ma reemerges with praise of Chinese giant's 'transformations'
▼ + stars: | 2024-04-10 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Jack Ma, founder of Alibaba, reappeared in the public view in China for the first time in months. Alibaba founder Jack Ma on Wednesday praised the company's reorganization and change over its tumultuous past year, marking the billionaire's second major public statement to employees in just a few months. Daniel Zhang, longtime CEO of Alibaba Group, unexpectedly quit and then stepped down as CEO of the company's cloud unit. Ma is reemerging at a time when Alibaba employees are likely in need of a morale boost. The Alibaba founder also said Alibaba needs to think what e-commerce looks like in three years' time, especially since the arrival of artificial intelligence.

Persons: Jack Ma, Alibaba, Ma, ByteDance, Daniel Zhang, Eddie Yongming Wu, Joe Tsai, Tsai, Wu Organizations: CNBC, Wednesday, Ant Group, Alibaba, Cainiao Locations: China, Beijing

☆ Bill Gross says this income play is ‘Better than AI.’ How you can get in on it
▼ + stars: | 2024-04-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Energy prices are surging, and an income-oriented play is getting some love from legendary investor Bill Gross. Better than AI," noting that these master limited partnerships have climbed by double-digits in the past 12 months. MLPs offer investors a way to bet on the exploration, transport and processing of oil and gas. Though the partnership isn't subject to federal income tax, the limited partners face taxes on the income they collect. That means MLP investors could find themselves going on extension to file returns: In that case, they could file their returns as late as Oct. 15.

Persons: Bill Gross, Gross, Stephen Ellis, Ellis Organizations: West Texas, Brent, American Pipeline, NuStar Energy, Morningstar, midstream, Enterprise Products Partners, Targa Resources, Energy, Partners, . Gas, . Enterprise Products, MLP Locations: Asia

☆ Bank of America ratchets up gold and copper forecasts, gives the best stocks to play the trend
▼ + stars: | 2024-04-09 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Bank of America says a more bullish outlook for gold and copper could benefit a handful of stocks. Bank of America also sees copper climbing 8% in 2024 to $9,321 per metric ton. To play its bullish outlook for copper and gold, the firm also named a slate of stocks that could see a boost. FCX YTD mountain Freeport-McMoRan stock. Bank of America highlighted Freeport-McMoRan's "stable production profile, low unit costs and [an] improving balance sheet" as drivers behind its price target.

Persons: Lawson Winder, Winder Organizations: of America, Bank of America, Federal Reserve, Bank of, Mines, Eagle Mines Locations: U.S, Freeport, McMoRan

☆ Beyoncé’s ‘Cowboy Carter’ Opens at No. 1 With the Year’s Biggest Sales
▼ + stars: | 2024-04-08 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

Beyoncé’s genre-bending “Cowboy Carter” has become her eighth No. 1 album, opening with the biggest sales of any release so far this year. “Cowboy Carter,” billed as “Act II” of a trilogy that began with Beyoncé’s dance-oriented album “Renaissance” almost two years ago, had been expected by fans, and the music industry at large, as primarily a country project. “Cowboy Carter” arrives with the equivalent of 407,000 sales in the United States, and in addition to topping the all-genre Billboard 200 chart it is also No. Of its composite total sales figure, “Cowboy Carter” sold 168,000 copies as a complete album, including 62,000 on vinyl versions sold through Beyoncé’s website.

Persons: Carter ”, “ Cowboy Carter, ”, Dolly Parton’s, Jolene, Nancy Sinatra, Chuck Berry, Cowboy Carter ” Organizations: Metro Boomin Locations: United States

☆ CNBC Daily Open: Risk aversion in vogue
▼ + stars: | 2024-04-05 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +3 min

This 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. Hong Kong's Hang Seng Index edged up 0.1%., while mainland China markets remain shut for a public holiday. The Dow Jones Industrial Average closed down Thursday 1.35% at 38,596.98 in its biggest loss since March 2023 and fourth-straight daily loss. The profit guidance for 6.6 trillion Korean won ($4.89 billion) exceeded even LSEG's estimate of 5.24 trillion won.

Persons: Korea's Kospi, Brent, nonfarm payrolls, Dow, Janet Yellen, Yellen, hasn't Organizations: CNBC, Japan, Federal Reserve, Nikkei, West Texas, Dow Jones, U.S . Federal, Treasury, American, of Commerce, Chips, Samsung Electronics, Tech, Apple Locations: Asia, China, China U.S, Guangzhou, California

☆ Yellen kicks off China meetings with overcapacity concerns, encouraging market-oriented reforms
▼ + stars: | 2024-04-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Ambassador to China Nicholas Burns (R) receive U.S. Treasury Secretary Janet Yellen (R) upon her arrival in Guangzhou on April 4, 2024. Pedro Pardo | Afp | Getty ImagesBEIJING — U.S. Treasury Secretary Janet Yellen kicked off her first full day of official meetings in China with discussion about overcapacity concerns and encouragement to pursue market-oriented reforms. It is her second trip to China as Treasury secretary. China's growth potentialGuangdong is one of the largest contributors to China's economic growth and home to the city of Shenzhen, a major hub for tech companies and startups. "In recent decades, [Guangzhou] was at the forefront of market-oriented reforms that advanced China's economic development and openness," Yellen said in prepared remarks for her meeting with Wang.

Persons: Liao Min, China Nicholas Burns, Janet Yellen, Pedro Pardo, Yellen, Wang Weizhong, Wang, I've, Nicholas R, Lardy Organizations: Finance, U.S, Treasury, Afp, Getty, Peterson Institute for International Economics, Foreign Affairs Locations: China, Guangzhou, BEIJING, U.S, Beijing, Guangdong province, United States, Guangdong, Shenzhen, Asia

☆ The rally in gold could be still in the early stages, according to the charts
▼ + stars: | 2024-04-04 | by ( David Keller | ) www.cnbc.com time to read: +4 min

Our review of the charts of precious metals tells us that the recent rally in gold prices could be just the early stages of a broad advance in the second quarter and beyond. Interestingly enough, gold stocks have actually been underperforming gold for most of the last 12 months. But over the last six weeks, gold miners have shown renewed strength, outperforming spot gold. This may be just the beginning of a "catch up" trade where gold miners close the performance gap with gold. Gold stocks have been lagging behind spot gold, but that trend of underperformance has begun to change in the last six weeks.

Persons: Alan Shaw, David Keller Organizations: Gold Miners, CMT Locations: retest

☆ Leaving the army to go corporate is a tough road to take. We asked 3 veterans how they survived and thrived.
▼ + stars: | 2024-04-02 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +8 min

The decision, Tan told BI, came to him after his aunt died. Tan told BI that he left the SAF without any job offers and had to rely on his savings while job hunting. But contextualizing the skills they'd picked up in the military and maintaining their resilience, the veterans told BI, was their key to success. I got to interact with new soldiers and helped to make their training more interesting," Tan told BI. Tan told BI that he spent six months taking courses before he landed his first full-time role in the private sector.

Persons: —, Tan, who'd, Tan wasn't, they'd, Jiahui Ong, Ong, Kwong Weng Yap, Yap, Jianhui Tan, Euromonitor, you'll, Adrian Choo, Choo Organizations: Service, Singapore Armed Forces, SAF, BI, Business, DBS Bank, DBS, Navy Locations: Australia

☆ Just 1% of construction CEOs are women—how this 30-year-old became one of them
▼ + stars: | 2024-03-29 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +6 min

Keys to becoming CEO: Communication and curiosityOver the next few years, Homara worked her way up from being the office manager. Homara is part of the board of directors for the Silicon Valley chapter of the National Association of Women in Construction, and she's communications chair for Women Construction Owners and Executives. Women have made strides in the construction field since 2016, when they comprised 12.5% of the industry. For example, Homara says one of the biggest misconceptions is what construction is "dirty, dusty and heavy" work, but not all construction jobs are labor intensive. In 2020, roles like construction laborers, carpenters and electricians made up 3 in 5 construction jobs.

Persons: Misha Homara, Sean, Keys, Homara, I've, Tricore Organizations: CNBC, San Francisco State University, National Association of Women, Tricore, Washington D.C, Washington Post, Labor Locations: U.S, Bay, Washington, Arizona, Florida

☆ The average tax refund is $3,109. Here's where to save and invest your return right now.
▼ + stars: | 2024-03-28 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

"The goal is usually to be as close to zero as possible: either a minimal return refund or a minimal tax payment. Where to save your money right now: high-yield or money market accountsOnce you've received your refund, a good initial step is to send that money from your checking account to a savings account. A few key differences: Your cash will be more accessible in a money market account, as you can write checks and use a debit card linked directly to the account. Note that money market accounts usually have a higher minimum balance requirement, ranging from a few hundred to a few thousand dollars. Interest rates are expected to drop in 2024, but you'll still earn more in these accounts than in traditional savings accounts, which typically offer rates under 0.5%.

Persons: Grant Nieland, you've, you'll, You'll, Roth, Nieland, we're Organizations: Business, Carson Wealth, IRS, Wealth, Roth IRA

☆ The uptrend in this airline stock could be just getting started, according to the charts
▼ + stars: | 2024-03-28 | by ( David Keller | ) www.cnbc.com time to read: +3 min

Alaska Air shares just getting started Alaska Air Group has recently broken above a key resistance level and could represent a compelling option for investors searching for stocks earlier on in their uptrends. Alaska remained below that retracement level as well as a declining 200-day moving average until this week. Now we're seeing ALK power above $42 with an initial upside target at the 61.8% retracement level around $47. The momentum characteristics are consistent with bullish phases, with Alaska becoming overbought this week after a quick rise. While overbought conditions could indicate a short-term pullback in the coming weeks, we're inclined to assume this uptrend could be just getting started.

Persons: we've, — David Keller Organizations: Nasdaq, US Global Jets ETF, JETS, Alaska Air Group, Alaska Air, CMT Locations: Alaska

NEW YORK (AP) — The Federal Trade Commission is investigating TikTok over its data and security practices, a probe that could lead to a settlement or a lawsuit against the company, according to a person familiar with the matter. In its investigation, the FTC has been looking into whether TikTok violated a portion of federal law that prohibits “unfair and deceptive” business practices by denying that individuals in China had access to U.S. user data, said the person, who is not authorized to discuss the investigation. FTC spokesperson Nicole Drayton and TikTok declined to comment on the investigation, which was first reported by Politico. The agency is nearing the conclusion of its investigation and could settle with TikTok in the coming weeks. Lawmakers and intelligence officials have said they worry the platform could be used by the Chinese government to access U.S. user data or influence Americans through its popular algorithm.

Persons: TikTok, Nicole Drayton, there’s, Mark Warner, Marco Rubio, Lina Khan, ByteDance, hasn’t Organizations: Federal Trade Commission, FTC, Politico, TikTok, Justice Department, Republican, Buzzfeed, Buzzfeed News, The Financial Times, Senate Locations: Washington, U.S, Beijing, China

anna martinAfter the break, Penn talks about unconditional love and learning how to say “I’m sorry” as a parent. anna martinI mean, as a dad yourself now, do you remember a time where your kids saw you be vulnerable? You really, really can, of course. How do you think about unconditional love in your roles as a father and as a husband? penn badgleyI think unconditional love is actually very hard and rare in a way.

Persons: anna martin, ” I’m Anna Martin, Penn, Dan Humphrey, anna martin Dan Humphrey, It’s, ” penn, anna martin So, penn, We’re, anna martin You’re, it’s, anna martin You, anna martin Huh, there’s, I’ve, you’re, Dean E, Murphy, “, welling, Let’s, don’t, ”, frosting, confections, I’d, ” anna martin, Danny Murphy’s, he’s, they’ve, I’m, anna martin I, anna martin Oh, penn badgley, they’re, They’re, anna martin Wow, anna martin Absolutely, he’d, anna martin Yeah, that’s, I’ll, There’s, anna martin Hm, That’s, anybody’s, Tom Cruise, Emily Blunt, You’re, anna martin Listeners, Miya Hawke, miya hawke Organizations: The New York Times, Netflix, Penn Locations: East Siders, Santa Barbara , California

☆ Apple announces its big annual conference, where it could reveal its AI strategy
▼ + stars: | 2024-03-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple on Tuesday announced that its annual developers conference, WWDC, will take place June 10 through June 14. The conference will be livestreamed on Apple's website, although the company is inviting some software makers to its campus on the first day to "celebrate in person," Apple said. At this year's conference, Apple could reveal its long-awaited artificial intelligence strategy and consumer features. In February, Cook said Apple was "investing significantly" in AI and teased an AI-related announcement "later this year" that many analysts believe will come at the Worldwide Developers Conference. At this year's conference, Apple also plans to reveal the first major software update to the Vision Pro, the virtual reality headset it launched earlier this year.

Persons: Apple, Cook, Tim Cook Organizations: Apple, Worldwide, YouTube, Vision

☆ Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI?
▼ + stars: | 2024-03-26 | by ( John Markoff | ) www.nytimes.com time to read: +12 min

Can Xerox’s PARC, a Silicon Valley Icon, Find New Life with SRI? 1974 A key part of PARC office of the future vision is a network to tie office systems together. The PARC laboratory, set in the foothills just south of Stanford, is now largely empty, hosting less than 100 researchers, far from a peak of almost 400. Mr. Parekh said that the stage was now set for a second leap forward in the way humans interacted with computers. “This is our annuity for the future for investing in research,” Mr. Parekh said.

Persons: Steve Jobs, Jobs, Apple’s Lisa, IBM’s Thomas J, “, ”, Eric Schmidt, Google’s, Bernardo Huberman, Mr, Huberman, Douglas Engelbart, Siri, Bill Duvall, Charley Kline, CALO, David Parekh, Parekh, SIRI, Curtis Carlson, Charles Simonyi, Jan Vandenbrande, Research Jan Vandenbrande, Johan De Kleer, San Organizations: Xerox’s PARC, SRI, Palo, Palo Alto Research, PARC, Mr, Xerox, SRI International, Stanford Research Institute, Xerox Dover, Xerox Corporation, T’s Bell Laboratories, Watson Research Center, Bay, “ PARC, of America, Machine, UCLA, Pentagon, Apple, Macintosh, Research Projects Agency, Microsoft, Windows, Defense Advanced Research Projects Agency, Research Locations: Palo Alto, Stanford’sy, Stanford, Silicon, Menlo Park, Los Angeles, Calif, San Francisco, San Jose

☆ Americans have no idea how to use their free time
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

It's true that Americans are overworked, overstressed, and generally awful at unplugging from work, two time-use researchers told Business Insider. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

Persons: —, It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK

☆ Americans have between 4 and 6 hours of leisure time daily. We just have no idea how to use it.
▼ + stars: | 2024-03-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +11 min

AdvertisementDespite class differences, 95% of Americans over the age of 15 engaged in some kind of leisure activity on a typical day, according to the 2022 time-use survey. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.

☆ A 71-year-old Californian explains why she's one of many boomers reluctant to sell their large homes and downsize — and it has nothing to do with money
▼ + stars: | 2024-03-24 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Like Frieden, they're having a hard time finding what they need on the market. Frieden says she's surprised developers aren't doing more to meet the demand, particularly at the higher end of the market. Empty-nest boomers now own twice as many large homes as millennials with kids do, according to a recent Redfin analysis. This is making it even harder for millennials and households with kids to break into the market or upsize their homes. AdvertisementThis misallocation of housing — and shortage of larger condos and apartments — will become increasingly urgent as boomers age in homes that aren't ideal — or even safe — for them.

Persons: Deborah Frieden, —, they've, Frieden, they're, they'd, Joe's, she's, I've, Daryl Fairweather Organizations: Service, BI Locations: Oakland , California, Lake Merritt, Frieden

For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. The only problem is that I'm burned out and unhappy, and I'm starting to resent my husband. My husband didn't get a degree, has no true calling, and is content to get a meager paycheck and go home. Write to For Love & Money using this Google form .

Persons: doesn't, hasn't, I've, didn't, they're, isn't, he's Organizations: Fortune

☆ These executives say psychedelics like LSD and MDMA made them better managers — and transformed how they think about fulfilling work
▼ + stars: | 2024-03-21 | by ( Rachel Nuwer | ) www.businessinsider.com time to read: +13 min

Siskind is one of a growing number of entrepreneurs and executives seeking out psychedelics — including LSD, psilocybin mushrooms, ayahuasca, and MDMA — for work-related inspiration and guidance. AdvertisementA Manhattan psychedelic sound bathSarah Rose Siskind says one year after her psychedelic-induced revelation, work is going better than ever. When Siskind arrived at work on Monday, she called a staff meeting to share the company's new value-oriented direction. While Zillmer's breakthroughs came in Peru and with ayahuasca, these types of retreats for business professionals are popping up all over and with a variety of psychedelics. Beyond bottom linesThe location where Kiyumí Retreats will host a psychedelic retreat for business professionals later this year.

Persons: —, Sarah Rose Siskind, she'd, I'd, psychedelics, Steve Jobs, Mike Bryk, Siskind, David Luke, psychedelics Henrik Zillmer, Michael Costuros, Henrik Zillmer, Zillmer, It's, John Gilmore, Gilmore, Gül, Dölen, Isabel Wiessner, AirHelp, Kiyumí, Bennet Zelner, Zelner, they'd, John Allison, Allison Organizations: Service, Business, University of Greenwich, Sun Microsystems, University of California, Federal University of Rio, University of Maryland Locations: New York City, Silicon, Peru, Mexico, Noho, Manhattan, Bay, London, Berlin, Berkeley, Federal University of Rio Grande de Norte, Brazil, Netherlands, Brooklyn

☆ Why Stephanie Cohen is leaving Goldman Sachs. The Wall Street veteran opens up about her new move to 'help build a better internet.'
▼ + stars: | 2024-03-18 | by ( Bianca Chan | ) www.businessinsider.com time to read: +11 min

Cohen, 46, will join Cloudflare, a San Francisco-based technology company aimed at helping businesses improve their internet security and performance. It will be a familiar role, as she served as Goldman's strategy chief from 2018 to 2020. Having spent 20 years inking deals within Goldman Sachs' investment banking unit, Cohen is no stranger to the boardroom. "But the reality is, Goldman Sachs is not a technology firm," Cohen said. When she broke the news to Argenti, he told her, 'This is exactly what you should do… this is exactly the right company," Cohen recalled.

Persons: Stephanie Cohen, Cohen, " Cohen, David Solomon, Goldman, Beth Hammack, Cloudflare, Solomon, John Waldron, Matthew Prince, Michelle Zatlyn, Goldman Sachs, it'll, Lloyd Blankfein, Brendan McDermid, Reuters Cohen, they're, I, Stephanie, Prince, she'll, Marco Argenti Organizations: Business, Cloudflare, IBM, University of Illinois, Goldman, Reuters, Financial Times Locations: San Francisco, Utah, Urbana, Champaign

☆ How an Apple and Alphabet AI deal could benefit both companies and their out-of-favor stocks
▼ + stars: | 2024-03-18 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

The aforementioned Siri is an obvious area in need of a generative AI upgrade. That said, we do know that Apple has been hard at work on its own generative AI model, Ajax. However, if true, this would prove a major, and much-needed, win for Alphabet in generative AI. AAPL YTD mountain Apple YTD As for Apple, we've been expecting an update on its generative AI efforts at some point this year. A smart phone displaying Google with Google Gemini in the background is being featured in this photo illustration in Brussels, Belgium, on February 8, 2024.

Persons: Tim Cook, Apple, we're, Bard, Sundar Pichai, Jim Cramer, Apple's Siri, Siri, It's, we've, Jim, Jim Cramer's, Jonathan Raa Organizations: Apple, Bloomberg, Google, ChatGPT, Microsoft, CNBC, Ajax, Developers, Nvidia, Charitable Trust, Google Gemini, Nurphoto, Getty Locations: U.S, Wells, Brussels, Belgium

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