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☆ Wells Fargo upgrades Pinterest, says Amazon partnership will drive shares higher
▼ + stars: | 2023-06-28 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

It's time to buy Pinterest shares, according to Wells Fargo. Gawrelski noted the Amazon partnership is expected to take hold in October. However, the downside risk to Wells' price forecast is a delay in implementing the Amazon deal or a slowdown in user engagement, he said. Pinterest shares have lagged the broader market this year, rising just 8.7%, while the S & P 500 is up 14%. PINS YTD mountain Pinterest stock has climbed 8.7% in 2023 — CNBC's Michael Bloom contributed to this report.

Persons: Wells, Ken Gawrelski, Gawrelski, Pinterest, —, Michael Bloom Organizations: Amazon Locations: Wells Fargo

☆ Three-Stock Lunch: REGN, PINS & GNRC
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: REGN, PINS & GNRCLee Munson, Portfolio Wealth Advisors president and CIO, joins 'Power Lunch' to discuss three stocks: Regeneron, Pinterest and Generac Holdings.

Persons: Lee Munson Organizations: Generac Holdings

June 21 (Reuters) - Generative AI-related job postings in the United States jumped about 20% last month as companies look to harness a technology that has been widely touted as the next big growth driver, according to data from job portal Indeed. The May figure, at 204 per million job postings, was also more than double the 2021 level and underscored the buzz around AI, sparked by the runaway success of OpenAI's ChatGPT. Data scientist roles made up 5% of the AI job postings on Indeed's U.S. platform, while roles such as software engineer, machine learning engineer and data engineer were also in demand. Indeed's data showed that searches for generative AI jobs jumped to 147 per million total jobs searched in May from virtually zero a year earlier. Its U.S. website showed generative AI job listings from companies such as Meta Platforms (META.O), Apple (AAPL.O), Tiktok, Pinterest (PINS.N) and Amazon.com (AMZN.O).

Persons: OpenAI's, Nick Bunker, Chavi Mehta, Anil D'Silva Organizations: U.S, Amazon.com Inc, Apple, Reuters, Thomson Locations: United States, Bengaluru

☆ The co-leader of an AI-driven quant fund shares 2 stocks his model is betting the most on right now — and a simple way individual investors can use AI technology to pick stocks
▼ + stars: | 2023-06-22 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

An easy way to harness the power of AI quant models is to look at top holdings of ETFs, he said. But it's a tall task for individual investors — let alone institutions — to develop AI models for stock picking, Oh said. Oh said that the Qraft's momentum fund's top two holdings right now are Amazon (AMZN) and Meta (META). While it was the model that picked Amazon and Meta, Oh said they're solid fundamental plays. As for Meta, Oh said it's well-positioned for the AI boom as is one of the leaders in the space.

Persons: Francis Oh, —, ChatGPT, I'm, Google's Bard, Oh Organizations: Vanguard's Hong, Qraft Technologies, Apple, Nvidia, AI, Equity, BTD, Fund, Vertex Pharmaceuticals, Gamestop, Dow, Industrial, SolarEdge Technologies, Dow Inc, Enphase Energy, Meta Locations: Asia, Pacific, Vanguard's, Vanguard's Hong Kong

☆ Pinterest CEO: 'Advertisers are looking for a place that is positive'
▼ + stars: | 2023-06-21 | 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 EmailPinterest CEO: 'Advertisers are looking for a place that is positive'CNBC's Julia Boorstin speaks with Pinterest CEO Bill Ready from the annual Cannes Lions ad festival about the company's recent initiatives around building a positive space for advertisers along with its growth in e-commerce shopping.

Persons: Julia Boorstin, Bill Ready Organizations: Cannes Lions

☆ Chess photography: Body language, knowledge of the game and luck
▼ + stars: | 2023-06-19 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

“That’s always a very difficult question,” Emelianova told CNN Sport when asked how she would describe the art of chess photography. So like people who know very little of chess and of the personalities can kind of get very close to the game and feel like they are right next to this chess game. She went on to become a professional chess player before taking a break from competitive chess. Lennart Ootes“My mother was doing some photography stuff when she was younger in university, but it was analog photography,” Emelianova explained. But I already know enough to even, like – to catch a really, really subtle head shake or sitting like too straight or pretending to be very relaxed,” she said.

Persons: Maria Emelianova, Emelianova, “ That’s, ” Emelianova, “, ” Ian Nepomniatchtchi, Ding Liren, –, Carlsen, Lennart Ootes “, ”, Mobina, gazes, it’s, she’s, Emelianova –, don’t, Jennifer Shahade, Magnus Carlsen, Ian Nepomniachtchi Organizations: CNN, CNN Sport, British, “, Moscow State University Locations: Russia, Ukraine, Khanty, Mansiysk, Moscow, Uzbekistan, India

☆ I used AI to double my income in one year. It wasn't hard to do and didn't cost me anything.
▼ + stars: | 2023-06-18 | by ( Kristen Walters | ) www.businessinsider.com time to read: +11 min

She used AI to help create faceless YouTube videos, affiliate content, and digital products like ebooks. So I thought I'd share some of the ways that I'm currently using AI to make money in 2023. But combined, they add up to a substantial monthly income from both YouTube Adsense and affiliate products. Digital productsI've been creating simple digital products like ebooks, workbooks, audiobooks for over a decade now.Man, I'm getting old. Of course, you don't have to use ConvertKit.I've also sold digital products using Teachable, Etsy, Gumroad, and my own website(s).

Persons: Kristen Walters, I've, it's, Jasper, ConvertKit.I've, people's, snoop, It's Organizations: YouTube, Adsense, Jasper, Management, PAS, Amazon Associates, AIDA, Publishing, KDP Locations: Jasper, Park

☆ Imagining a New Filipino American Neighborhood Into Being, Starting With Food
▼ + stars: | 2023-06-02 | by ( Tejal Rao | ) www.nytimes.com time to read: +2 min

In the past decade, both Andrew Zimmern and Anthony Bourdain called Filipino food the next big thing for the United States. Locally, the restaurant critic Jonathan Gold wrote that 2017 was a pivotal moment for Filipino dining in Los Angeles. He started his pop-up business Regi’s Turo Turo at the end of last year, setting up outside coffee shops to grill skewers and sell bundles of vegan pastil, made from mushrooms, wrapped in banana leaves. Follow New York Times Cooking on Instagram, Facebook, YouTube, TikTok and Pinterest. Get regular updates from New York Times Cooking, with recipe suggestions, cooking tips and shopping advice.

Persons: Andrew Zimmern, Anthony Bourdain, Jonathan Gold, Turo, —, Esquejo, Delgado Organizations: Pew Research, California State University, New York Times, Facebook, YouTube Locations: United States, Los Angeles, Long Beach, Chinatown, Millennials, Manila

☆ Reddit will charge hefty fees to the many third-party apps that access its data
▼ + stars: | 2023-06-01 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Application programming interfaces (APIs) have long been the way that third parties access the data from large internet companies and connect to their apps. Reddit has a thriving ecosystem of apps, plugins, and services created by amateur and professional developers. Users and developers were outraged when Twitter said it would charge $42,000 for 50 million requests. Apollo said it paid about $166 for the same number of API requests from the online-image sharing service Imgur. While many companies charge for API use, Reddit has historically derived the bulk of its income from advertising.

Persons: Baumgartner, Reddit, Conde Nast, Elon Musk, Twitter, Reddit didn't Organizations: Advance Publications, Charter Communications, Warner Bros ., Twitter

Google and the generative AI startup Runway have a huge new cloud computing contract. Google and Runway have a major new contract that provides the generative AI startup will millions of dollars in cloud services and related credits. Recently, Runway raised $100 million at a $1.5 billion valuation from a top cloud provider, Insider reported. Cloud giants like Google Cloud, Amazon Web Services, and Microsoft have also run startup programs for years that provide free cloud credits. Previously, Google Cloud salespeople even expressed concern they wouldn't be able to match AWS's offer of free cloud credits to startups.

Persons: there's, Airbnb, Pinterest Organizations: Google, Runway, Lux Capital, Web Services, Microsoft, AWS Locations: OpenAI

☆ The average wedding just hit $29,000
▼ + stars: | 2023-05-31 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +4 min

The average cost of a wedding, nationally, this year is $29,000, up $1,000 from 2022, according to online wedding planning site Zola. It said searches for alternative weddings – especially underwater weddings – have jumped 305% on its platform. “Though slightly challenging logistically, it should be interesting to see the data for underwater weddings in 2023,” she said. “Wedding photographer Kimber Greenwood, who specializes in underwater wedding photography, is booked to photograph 20 of them this year. The wedding industry should enjoy the recovery, because it may not last.

Persons: Zola, they’re, Emily Forrest, San, Esther Lee, ”, Knot’s Lee, “, Kimber Greenwood, Pinterest, Jenna Landi, “ There’s, Greenwood, they’ve Organizations: New, New York CNN, CNN, New York, Big Apple, Jewelers Locations: New York, New York City, San Francisco, Oakland, San Jose, Boston, Philadelphia, Miami, Ft . Lauderdale, Washington, Chicago, Los Angeles, Gainesville , Florida

☆ Here's the 25-page pitch deck a fintech helping Gen-Z shoppers get the best deals online used to attract investors like Paris Hilton, The Chainsmokers, and GV to back its $15 million Series A
▼ + stars: | 2023-05-30 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

The startup scrapes users' emails for discounts and promotions, applying them at the point of sale. Checkmate is a savings app and web browser extension for Gen-Z online shoppers that pushes promotions and deals to the user at the right time. Checkmate utilizes machine learning and language processors to scrape users' emails for promotions and discounts from their favorite brands. Pall introduced Checkmate to other potential celebrity investors, including Paris Hilton, who participated in the Series A. Check out the 25-page deck Checkmate used to raise its $15 million Series A.

☆ Chinese apps remain hugely popular in the U.S. despite efforts to ban TikTok
▼ + stars: | 2023-05-29 | by ( Lauren Feiner | ) www.cnbc.com time to read: +15 min

But while TikTok has been the one in the spotlight, other Chinese apps that present similar issues are also experiencing massive popularity in the U.S. Gorman said as the U.S. considers the threat posed by TikTok, it will also need to develop a framework for how to evaluate the relative risk of Chinese apps. But in the meantime, U.S. consumers continue to turn to Chinese apps. "And then of course, there's the early growth of Lemon8, which suggests that the appetite for Chinese apps in the U.S. is still growing." And some say the most effective long-term solution for curbing the use of Chinese apps may be fostering an environment for robust alternatives to grow.

☆ 3 of our tech stocks are in the news. Here are the takeaways from the headlines
▼ + stars: | 2023-05-18 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +8 min

Here's a breakdown of the news, and how the headlines impact our investment approaches to the companies. Morgan Stanley likes PANW PANW YTD mountain Palo Alto Networks' year-to-date stock performance. Despite concerns around overall tech spending, Morgan Stanley said that companies still want to streamline their cybersecurity spending. Meta's stock has, of course, been on a tear since bottoming under $89 per share back in November. (Jim Cramer's Charitable Trust is long PANW, META, GOOGL and AAPL.

☆ Activist investor Elliott Management bets on this small-cap music stock, ditches News Corp
▼ + stars: | 2023-05-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Activist investor Elliott Management unveiled a new stake in a little-known independent music stock during the first quarter, according to recent securities filings. As the energy sector slumped, Singer maintained his $1.49 billion stake in Marathon Petroleum , and positions in Noble Corporation and Suncor Energy . Elliott also liquidated its nearly $47.5 million stake in Aerojet Rocketdyne . On the technology front, Singer maintained his $761.2 million stake in Pinterest , and smaller positions in PayPal and Western Digital . Recent filings show that Elliott, among the largest hedge funds in the world, managed roughly $93.2 billion regulatory assets.

☆ These 2 millennial brothers quit their jobs to focus on their side hustle so they could 'get out of bed and not dread work'
▼ + stars: | 2023-05-14 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Josh and Arran Stewart quit their jobs in March to focus full-time on their side hustle. They started clothing brand Illicit Bloc with about $2,500 after being furloughed in the pandemic. After being furloughed, the brothers decided to launch their clothing brand, Illicit Bloc, as a side hustle in April 2020. After the brand started gaining some traction last year, the brothers from Buckinghamshire in England realized it might be time to focus on their side hustle full-time. Arran and Josh Stewart work together on the design and sampling.

☆ New York Times misses revenue estimates as ad spending slows
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +1 min

May 10 (Reuters) - The New York Times Co (NYT.N) missed quarterly revenue estimates on Wednesday as recession-wary businesses slashed spending on digital ads and readers reconsidered paid subscriptions. The Times reported revenue of $560.7 million for the first quarter, compared with analysts' estimates of $571 million, according to Refinitiv data. Its digital advertising revenue decreased nearly 9% to $61.3 million. The publisher added 190,000 digital-only subscribers in the first quarter, compared with 240,000 in the prior quarter. It has a goal of 15 million subscribers by 2027.

☆ Walmart's top ad sales exec tells Insider his plan to grab TV and social media budgets
▼ + stars: | 2023-05-10 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Walmart has big ambitions to grow its digital ad sales while still focusing on its huge in-store reach. Walmart is hoping to use its footprint of 4,700 physical stores to give it a leg up in retail media. Last year, Walmart brought on the seasoned retail media exec Ryan Mayward to steer ad sales to give its advertising arm Walmart Connect a big boost. Mayward previously led ad sales for Instacart and he helped Amazon grow its relationships with ad agencies. Similar to other marketplaces like Amazon and Instacart, search advertising on Walmart.com is a basic part of every brand's advertising plan, he said.

☆ New York’s Most Inventive Pizzas Are Cooked Up at Pop-Ups
▼ + stars: | 2023-05-09 | by ( Pete Wells | ) www.nytimes.com time to read: +2 min

For this we can thank the State Legislature, which passed a law last year allowing licensed vendors, including pop-ups, to sell food at breweries. Beer makers had been urging the change for years, said Ann Reilly, the executive director of the New York City Brewers Guild. In most of the state, the vendors are often food trucks stationed just outside the building. Follow New York Times Cooking on Instagram, Facebook, YouTube, TikTok and Pinterest. Get regular updates from New York Times Cooking, with recipe suggestions, cooking tips and shopping advice.

☆ Apple's co-founder says AI will make it easier for 'bad actors' to get away with more convincing scams
▼ + stars: | 2023-05-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Apple's co-founder Steve Wozniak warned AI could be used to get away with more convincing scams. This is because tools like ChatGPT can produce text that sounds as intelligent as a human, he said. Wozniak recently signed an open letter calling for a pause on the development of AI. Apple's co-founder warned that AI could make it easier for "bad actors" to get away with very convincing scams, the BBC reported Tuesday. He also said individuals should take responsibility for anything that is generated by AI and then posted in the public realm.

☆ Shopify's president on why he prefers paying micro-influencers to grow his own side hustle
▼ + stars: | 2023-05-07 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

But Finklestein also had another side business on his mind last week in an interview that had been pre-taped for CNBC's Small Business Playbook event, the loose-leaf tea side hustle, Firebelly Tea, that he co-founded as an independent entrepreneur. Finkelstein said it will be cheaper and also likely a more effective way to grow a new business. The creator economy is changing the way business success is generated, Finkelstein said, with the old "Field of Dreams" model — "If you build, it, they will come" — no longer enough. But that does not mean every small business owner with a great product should be chasing MrBeast or Emma Chamberlain for product endorsements. He cited the TikTok hashtag "TikTok Made Me Buy It" which has 50 billion impressions.

☆ Despite TikTok ban threat, influencers are flocking to a new app from its parent company
▼ + stars: | 2023-05-05 | by ( Clare Duffy | ) edition.cnn.com time to read: +8 min

However, they denied rumors that ByteDance had paid creators to promote the new app on TikTok. Still, the app lacks some standard social platform features such as messaging and the option to tag other users in posts. Lemon8’s userbase remains a far cry from the 150 million users TikTok says it has in the United States. By launching a new app even with TikTok in the spotlight, “ByteDance clearly doesn’t feel like they’re at risk,” Lewis said. Even if TikTok and Lemon8 were banned, Cruz said, “I already have a following on all the other platforms.”

☆ I made $119,000 in sales on Poshmark last year by listing and modeling designer clothes
▼ + stars: | 2023-05-04 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

She has earned $352,417 on Poshmark since starting resale as a side hustle in 2018. Wyer, who lives in Virginia, has earned $352,417 on Poshmark since she started selling as a side hustle in 2018; Insider verified her income with documentation. Last year, Wyer began hosting live shows on the app and generated $118,967 in sales for 2022. Wyer has generated $352,417 in sales on Poshmark since she started posting on the platform in 2018. I always price things just a little higher than I would like to get, just to have that room for negotiation, but I don't like to price things too high.

☆ Meet Kim Posnett, the powerful Goldman Sachs dealmaker who was just named head of the investment bank's TMT unit
▼ + stars: | 2023-05-03 | by ( Reed Alexander | ) www.businessinsider.com time to read: +10 min

Kim Posnett was just named head of Goldman's all-important TMT investment banking group. Posnett, 43, has long been one of the most senior figures at Goldman's investment bank. Posnett was previously the head of Goldman's investment-banking services unit, which acts as a salesforce for the global IB division. The former co-head of Goldman's TMT franchise will become co-chairman of the unit. The former would result in the IB services group, which functions, in effect, as a sales force.

But the benchmark S&P 500 (.SPX) advanced for the week as well as the day and registered a second consecutive monthly gain. For the month the S&P rose 1.5% while the Dow added 2.5% and the Nasdaq was barely higher. For the week the S&P rose 0.9% in line with the Dow's weekly gain and the Nasdaq rose 1.3%. While the S&P 500 bank index closed up 1.1%, shares in First Republic tumbled in the regular session and after the close. The S&P 500 posted 25 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 66 new highs and 136 new lows.

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