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☆ Here are Friday's biggest analyst calls: Apple, Tesla, Netflix, Marvell, Ollie's, Snowflake, Eli Lilly, Krispy Kreme & more
▼ + stars: | 2024-04-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

"We are raising our YE'24 NFLX target price $65 to a street-high $765 driven primarily by a combo of higher '24 and beyond subscriber/ARPU forecasts." "We are upgrading Ollie's Bargain Outlet to a Buy from a Hold rating while raising our price target to $90 from $80, implying 26% upside from current levels." We cut our price target from $2 to $1, still giving ATUS the highest multiple in Cable as optionality. "We are raising our already Street High $330 YE'24 target price $60 to $390 driven primarily by higher premium and to a lesser extent ad supported ARPU forecasts." Jefferies adds Pepsi to the franchise picks list Jefferies said it sees opportunity internationally for Pepsi and raised its price target to $209 per share from $199.

Persons: Marvell, it's, Bernstein, Mizuho, Wells, Piper Sandler, Krispy, JPMorgan, Eli Lilly, LLY, Stifel, Rosenblatt, Snowflake, Jefferies, underperform KBW, Daiwa, Tesla, KBW, Monness Crespi Hardt Organizations: Netflix, Bank of America, Apple, Amazon Web Services, RBC, Eaton, Piper, JPMorgan, Technologies, Cable, Spotify, BMO, Royal Bank, Pepsi, Fox, Fox News, Digital, Citi, Express, American Express Locations: NY, McDonald's, USA, Toronto, Snowflake, U.S

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicDecades of efforts to cut carbon emissions have failed to significantly slow the rate of global warming, so scientists are now turning to bolder approaches. Christopher Flavelle, who writes about climate change for The Times, discusses efforts to engineer our way out of the climate crisis.

Persons: Christopher Flavelle Organizations: Spotify, The Times

Listen to and follow ‘Matter of Opinion’Apple Podcasts | Spotify | Amazon MusicIt’s not just bad vibes — America’s kids are not OK. As study after study shows worsening youth mental health, a popular theory has emerged: The rise of smartphones and the addictive nature of social media is making young people miserable. But can it really be that simple? This week on “Matter of Opinion,” the hosts debate the myriad possible factors contributing to teenagers’ unhappiness, and discuss how parents, schools and the government can protect kids without doing further harm. Plus, a sui generis Lozada family vacation. (A full transcript of this audio essay will be available within 24 hours of publication in the audio player above.)

Persons: It’s Organizations: Spotify

☆ How India is challenging China as Asia's tech powerhouse
▼ + stars: | 2024-04-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +30 min

New Delhi has sought to woo foreign tech companies and has been increasingly successful, with giants like Apple increasing their presence in the country. Tom Chitty: For years China has been Asia's tech powerhouse where the world's electronics and some of the biggest companies on the planet are located. And I think India is in the very early stages, to put it quite bluntly, of trying to do that. Tom Chitty: India have got an election this year as well, which is going to be interesting to see what happens there. You know, India has aligned itself slightly more to the countries that are currently a bit more anti-China, shall we say?

Persons: Tom Chitty, Arjun Kharpal, It's, Let's, I'm, Arjun, You'll, We're, we've, what's, gunning, Narendra Modi, it's, Tom, Modi, Trump, Apple, COVID, there's, Taiwan's, that's, Karen Tso, China's, Tim Cook, Raghuram Rajan, We've, feasibly, India's, let's, he's, you've, we'll, I've, We'll Organizations: Apple, CNBC, China, India's, Foxconn, Micron, Tata Electronics, Taiwan's Powerchip Semiconductor Manufacturing Corp, Reserve Bank of India, CCP, Samsung, Bain, India, London Locations: China, Tencent, Asia, India, Delhi, Washington, Beijing, American, COVID, U.S, Brazil, Vietnam, Indonesia, Thailand, Taiwan, South Korea, Bangalore, Goa, Kolkata, Mumbai, Europe, Silicon, New York, Germany

Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’This week we look at how A.I. As companies start announcing A.I.-related job cuts and experimenting with customer service bots, economists are placing bets on whether A.I. will lead to major gains for companies and workers. Then, the multidisciplinary artist and filmmaker Paul Trillo joins to talk to us about his experience as part of a select group of testers granted early access to Sora, OpenAI’s video generation tool. Today’s Guests:Paul Trillo, multidisciplinary artist, writer and directorAdditional Reading:

Persons: Paul Trillo, Kevin Organizations: Apple, Spotify, Microsoft

☆ Trump plays the same songs from his iPad over and over when DJ-ing at Mar-a-Lago: report
▼ + stars: | 2024-04-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Trump's playlist comprises classic hits like Lionel Ritchie's "Hello" and Elvis' "Suspicious Minds." Trump's DJ-ing appears to have become a popular fixture at his clubs, with regulars nicknaming him "Deejay T," per Axios. Trump's playlist, an individual close to the former president told Axios, was all about having "big names and songs people recognize." AdvertisementThis isn't the first time Trump's DJ-ing has come under the spotlight. 'Y.M.C.A.,'" Trump said.

Persons: Donald Trump, Lionel Ritchie's, Elvis, —, DJ, Trump's, nicknaming, Christ, James Brown, Luciano Pavarotti, Axios, Page, Trump, I've, Rihanna, Pharrell Williams Organizations: Service, Opera, Mar, Boys, NELK, Village People, Trump, Business Insider Locations: he's, Florida, New Jersey, Mar, Bedminster , New Jersey

☆ Opinion | Will A.I. Break the Internet? Or Save It?
▼ + stars: | 2024-04-05 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

Do a Google search, and there are so many websites now filled with slapdash content contorted just to rank highly in the algorithm. Facebook, YouTube, X and TikTok all used to feel more fun and surprising. And into this weakened internet came the flood of A.I.-generated junk. TikTok videos of A.I.-generated voices reading text pulled from Reddit can be churned out in seconds. content will break the internet as we know it.

Persons: “, Ezra Klein, Nilay Patel Organizations: Facebook, Apple, Spotify, Amazon Music, Google

☆ Spotify is reportedly going to get more expensive later this year
▼ + stars: | 2024-04-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

The company is also working on a new basic tier and a "supremium" plan, Bloomberg said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Spotify last raised prices in July, hiking the cost of most plans by $1 a month. Apple Music's individual plan got $1 more expensive a month in 2022, and YouTube Premium's individual plan rose by $2 a month the following year.

Persons: —, Joe Rogan Organizations: Bloomberg, Service, Spotify, Apple, YouTube, Business Locations: Australia, Pakistan, United States

☆ Spotify jumps 8% on report it plans to raise prices
▼ + stars: | 2024-04-03 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

Spotify stock closed up 8% on Wednesday after a Bloomberg report said the company will increase prices for its premium subscription service in several markets, including the U.S., for the second time in a year. The Swedish music-streaming company will hike prices in the U.S. later this year, Bloomberg reported Wednesday, citing people familiar with the matter. Spotify will raise monthly prices by the end of April by about $1 to $2 in five markets including the United Kingdom, Australia and Pakistan, according to Bloomberg. Spotify will also launch a new basic subscription tier for $11 per month, the same price as the premium plan currently costs, Bloomberg reported. Last year, the audio company raised prices by as much as $2 for its premium subscription in the United States and several other countries.

Organizations: New York Stock Exchange, Spotify, Bloomberg, Apple, YouTube Locations: New York City, U.S, Swedish, United Kingdom, Australia, Pakistan, United States

☆ Stocks making the biggest moves midday: Intel, Spotify, Ulta Beauty and more
▼ + stars: | 2024-04-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Spotify Technology – The music-streaming company popped more than 8%. Bloomberg reported that Spotify is upping prices for its premium subscription service within several markets, including the U.S. Ford Motor announced that first-quarter U.S. sales rose 7% from a year ago, while electric vehicle sales jumped 86%. SoFi Technologies – Shares of the financial technology company rose 4.7% after Needham initiated coverage with a buy rating . GE Aerospace – GE Aerospace surged more than 6%, a day after the conglomerate once known as General Electric completed the spinoff of its power business.

Persons: Ulta, Dave, Buster's, Wells, Tesla, Nelson Peltz, Needham, —, Alex Harring, Hakyung Kim, Tanaya Macheel, Jesse Pound Organizations: Intel, Spotify Technology, Bloomberg, Spotify, U.S, Cal, Disney – Disney, Signet, Ford, Ford Motor, GE Aerospace – GE Aerospace, Electric, GE Vernova, New York Stock Exchange Locations: Cal, Maine

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicLong after schools have fully reopened after the pandemic, one concerning metric suggests that children and their parents have changed the way they think about being in class. Sarah Mervosh, an education reporter for The Times, discusses the apparent shift to a culture in which school feels optional.

Persons: Sarah Mervosh Organizations: Spotify, The Times

☆ The AI Apocalypse: Computer Algorithms Are Already in Control
▼ + stars: | 2024-04-02 | by ( Ed Zitron | ) www.businessinsider.com time to read: +12 min

But increasingly, the algorithms that undergird our digital lives are making questionable decisions that enrich the powerful and wreck the lives of average people. There's no reason to be scared of AI making decisions for you in the future — computers have already been doing so for quite some time. As human control diminished, the real-world consequences of these algorithms have piled up: Instagram's algorithm has been linked to a mental-health crisis in teenage girls. AdvertisementAcross the public and private sectors, we've handed the keys to a spiderweb of algorithms built with little public insight into how they make their decisions. While generative AI is just the newest extension of the algorithm, it poses a unique threat.

Persons: who's, They've, Matthew Gray, Sergey Brin, Larry Page, It's, Elon Musk, Cambridge Analytica, algorithmically, ProPublica, Quora, OpenAI's ChatGPT, you've, they'll, superintelligence, — simulacrums Organizations: Knight Capital, Companies, Yahoo, Stanford, Google, Spotify, Netflix, Revenue, Facebook, Twitter, Elon, European Union, Associated Press, Black, Microsoft, Eating Disorders Association Locations: Cambridge

☆ Opinion | How Should I Be Using A.I. Right Now?
▼ + stars: | 2024-04-02 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

There’s something of a paradox that has defined my experience with artificial intelligence in this particular moment. So I wanted to understand what I’m missing and get some tips for how I could incorporate A.I. This conversation covers the basics, including which chatbot to choose and techniques for how to get the most useful results. But the conversation goes far beyond that, too — to some of the strange, delightful and slightly unnerving ways that A.I. responds to us, and how you’ll get more out of any chatbot if you think of it as a relationship rather than a tool.

Persons: Ethan Mollick, University of Pennsylvania who’s, “, Ezra Klein, chatbot Organizations: Wharton School, University of Pennsylvania, Apple, Spotify, Amazon Music, Google

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicRonna McDaniel’s time at NBC was short. The former Republican National Committee chairwoman was hired as an on-air political commentator but released just days later after an on-air revolt by the network’s leading stars. Jim Rutenberg, a writer at large for The Times, discusses the saga and what it might reveal about the state of television news heading into the 2024 presidential race.

Persons: Jim Rutenberg Organizations: Spotify, NBC, Republican National, The Times

☆ Beyoncé's covers are landing Boomer country artists in the ears of Gen Z
▼ + stars: | 2024-04-01 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

She weaves in samples and references to Black artists, including Sister Rosetta Tharpe, Chuck Berry, and Roy Hamilton. A cover song isn't just a copyThere's a long history of non-country artists doing country covers. Related storiesFor artists, cover songs "are like a stepping stone. Solis, the ethnomusicologist, pointed out that country music has grown out of a history of people playing other artists' songs, particularly Black artists. Beyoncé's "Jolene" cover is #3 on Apple Music Charts, while "Blackbird" is #12.

Persons: Cowboy Carter, Jolene, —, Carter, It's, Queen Bey, she's, Rosetta Tharpe, Chuck Berry, Roy Hamilton, Willie Nelson, Linda Martell, Bey, Dolly Parton, Paul McCartney, Tanner Adell, Brittney Spencer, Tiera Kennedy, Reyna Roberts, Tina Knowles, Gabriel Solis, Patsy Cline's, Bing Crosby, Don Cusic, Beyoncé, — Bey, Solis, " Solis, Tracy Chapman's, Luke Combs, Martell, Nelson, Parton, Cusic Organizations: Service, University of Washington, Western Music Hall of Fame, Spotify, Apple, YouTube Locations: America, Beyoncé

Meanwhile, Micron got a price target increase from Bank of America, which sees the chipmaker surging more than 20%. 7:08 a.m.: Jefferies raises forecast on Target Jefferies thinks improving consumer discretionary trends should boost Target shares. The firm increased its price target on the stock to $205 from $195, implying shares gaining 16% from where they closed on Thursday. He upgraded shares to overweight from equal weight and increased his price target by $13 to $59. The bank also revised its bull case price target to $110 from $90, implying upside of nearly 130%.

Persons: Morgan Stanley, Target Jefferies, Corey Tarlowe, Jefferies, Tarlowe, TGT's, — Hakyung Kim, Wells, Roger Read, Read, Hakyung Kim, Brandon Oglenski, Hunt, Robinson, Werner, Oglenski, Anthony Cassamassino, Vivek Arya, Arya, —, Morgan, DAL, Fred Imbert Organizations: CNBC, Delta Air Lines, Micron, Bank of America, Jefferies, Target, Devon Energy, Diamondback Energy, EOG Resources, Barclays, J.B, C.H, Werner Enterprises, Bank of America's, Microsoft, Meta, Next, 2Q, Spotify, Citigroup, Marvell, Devices, TAM, Abercrombie, Fitch's Locations: Wells Fargo, Devon, Delaware, Q2'24, Thursday's, DAL

☆ Flying cars — or eVTOLs — are becoming reality. Would you ride in one?
▼ + stars: | 2024-04-01 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +36 min

They are flying cars, they're flying cars,Tom Chitty: These vehicles aren't necessarily actually cars with wheels, either, because I know that you've done you've got a program coming up soon about eVTOL. And the idea is there's going to be a fleet of these run by an operator. You've alluded to this feature program we've got coming out looking at the future of these, these flying cars, basically in these eVTOLs. And also, we can't finish this episode about flying cars and eVTOLs without talking about Chitty Chitty Bang Bang, the OG. Yeah, no, that's, that's very surprising.

Persons: Tom Chitty, Arjun Kharpal, who's, I've, we've, We've, I'm, they'd, I'd, there's, Arjun, that's, we're, you've, there'll, they're, You've, Kharpal, it's, you'll, They've, Morgan Stanley, someone's, What's, they've, They're, Big Ben, Chitty Chitty Bang Bang, Chitty Bang Bang, Tom, We'll Organizations: JPMorgan, CNBC, Mar, Airbus, Archer Aviation, Joby, Infrastructure, Boeing, Heathrow Airport, Civil Aviation Administration, U.S . Federal Aviation Administration, FAA, Autonomy, London, Transport Locations: Spain, China, Europe, Munich, Germany, beyondthevalley@cnbc.com, London, Chinese, Guangzhou, Birmingham, U.S, Manchester, it's, eVTOLs, Battersea, Heathrow

☆ Bank of America names its top picks for the second quarter, including this Big Tech name
▼ + stars: | 2024-04-01 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

As the market begins a new quarter, Bank of America refreshed its list of top picks for the coming months. Here are some of the firm's top picks for the second quarter: Big Tech underperformer Alphabet is one of Bank of America's top 10 picks for the new quarter. The stock added just 8% in the first quarter of 2024 as a series of AI-related blunders bruised investor sentiment. SPOT YTD mountain Spotify shares in 2024 One of the financial stocks featured in Bank of America's top picks list was Citigroup . "A positive inflection in volumes should support low valuation and potentially drive rotation from other consumer staples sub-sectors (Beverages/Household Personal Care) as investors chase underperforming food names," wrote analyst Bryan Spillane.

Persons: Justin Post, Jessica Reif Ehrlich, Ebrahim Poonawala, Kraft Heinz, Bryan Spillane Organizations: Bank of America, Nasdaq, Bank of America's, Microsoft, Google, 2Q, Spotify, Citigroup, Assistance Locations: Thursday's

☆ 'Act III' will be Beyoncé's next album: Here are the 4 genres the Beyhive thinks it could be
▼ + stars: | 2024-04-01 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +5 min

Following the release of "Cowboy Carter," fans are speculating on the genre of Beyoncé's next album. AdvertisementHold your horses, Beyhive: "Act II" just came out and you're already thinking about "Act III?" Following the Friday release of "Cowboy Carter," Beyoncé's genre-bending country album, fans of the award-winning singer are speculating on what she has up her sleeve for her next album. However, Bey has shown us that she can belt a tune in Spanish, thanks to her 2007 "Irreemplazable" album — Spanish recordings of songs from her "Irreplaceable" album. A rock album would align with Beyoncé's mission to reclaim art forms created by Black musicians, and "Cowboy Carter" is chock full of rock references.

Persons: Cowboy Carter, —, Beyoncé, hasn't, Bey, Shakira collab, Carter, DJ Dedé Mandrake, Clark, Willow, Chuck Berry's, Berry, Nancy Sinatra, Fleetwood, — let's, Jack White Organizations: Service, Parkwood Entertainment, John's United Methodist Church, Beach, Beatles, Stripes, Spotify, Business Locations: Houston

☆ Why Did This Guy Put a Song About Me on Spotify?
▼ + stars: | 2024-03-31 | by ( Brett Martin | ) www.nytimes.com time to read: 1 min

I don’t want to make this all about me, but have you heard the song “Brett Martin, You a Nice Man, Yes”? I guess probably not. On Spotify, “Brett Martin, You a Nice Man, Yes” has not yet accumulated enough streams to even register a tally, despite an excessive number of plays in at least one household that I can personally confirm. Even I, the titular Nice Man, didn’t hear the 1 minute 14 second song until last summer, a full 11 years after it was uploaded by an artist credited as Papa Razzi and the Photogs. I like to think this is because of a heroic lack of vanity, though it may just be evidence of very poor search skills.

Persons: Brett Martin, ”, “ Brett Martin, Papa Razzi Organizations: Spotify

Listen to and follow ‘Matter of Opinion’Apple Podcasts | Spotify | Amazon MusicThe sociologist and New York Times columnist Tressie McMillan Cottom joins the hosts of “Matter of Opinion” this week to discuss the role of celebrity in politics. Could Beyoncé and Taylor Swift, with their tens of millions of fans, sway the presidential election? And beyond brand-name pop stars, what role does celebrity play within the political system? Plus, Tressie goes a little “Dr. (A full transcript of this audio essay will be available within 24 hours of publication in the audio player above.)

Persons: Tressie McMillan Cottom, Taylor Swift, Tressie, Oz ” Organizations: Spotify, New York Times

☆ Opinion | The Rise of ‘Middle-Finger Politics’
▼ + stars: | 2024-03-29 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

Donald Trump can seem like a political anomaly. You sometimes hear people describe his connection with his base in quasi-mystical terms. But really, Trump is an example of an archetype — the right-wing populist showman — that recurs across time and place. And there’s a long lineage of this type in the United States too. And why does this set of qualities — ethnonationalist politics and an entertaining style — repeatedly appear at all?

Persons: Donald Trump, Trump, —, There’s, Boris Johnson, Javier Milei, “, Ezra Klein, John Ganz, David Duke, Pat Buchanan Organizations: Apple, Spotify, Amazon Music, Google, ”, Republican Party Locations: Brazil, Britain, Argentina, United States

☆ On 'Cowboy Carter,' Beyoncé beats country radio's gatekeepers at their own game
▼ + stars: | 2024-03-29 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +5 min

Beyoncé's new album "Cowboy Carter" is framed as songs playing on a fictional country radio station. With KNTRY Radio Texas, she ingeniously beats the gatekeepers at their own game. AdvertisementSix songs into "Cowboy Carter," Beyoncé disappears. Willie Nelson's familiar, worn-in voice introduces the album's central conceit: "Welcome to 'The Smoke Hour' on KNTRY Radio Texas. AdvertisementHowever, the "Cowboy Carter" prologue illuminates the allusive layers at work in KNTRY Radio Texas.

Persons: Carter, —, Cowboy Carter, Beyoncé, Sister Rosetta Tharpe, Chuck Berry, Roy Hamilton, Willie Nelson's, Nelson, Dolly Parton, Linda Martell, Jon Batiste, TikTok, Queen Bey, Breland, Shaboozey, Tanner Adell, Tiera Kennedy, Kennedy, Parton, Martell, twangy, Jolene Organizations: KNTRY Radio Texas, Service, KNTRY Radio, KNTRY, YouTube, Spotify, Southern, BI Locations: KNTRY Radio Texas, Nashville, KNTRY Radio, Texas, Adell

Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicWarning: this episode contains descriptions of violence. It’s been nearly six months since the Hamas-led attacks on Israel, when militants took more than 200 hostages into Gaza. In a village called Nir Oz, near the border, one quarter of residents were either killed or taken hostage. Yocheved Lifshitz and her husband, Oded Lifshitz, were among those taken. Today, Yocheved and her daughter Sharone tell their story.

Persons: It’s, Nir Oz, Yocheved Lifshitz, Oded Lifshitz, Yocheved, Sharone Organizations: Spotify Locations: Israel, Gaza

☆ Anyone want to pay an extra 50% for their Spotify subscription? This bill would make it mandatory.
▼ + stars: | 2024-03-28 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Read previewLots of consumers like streaming music. Lots of musicians complain about streaming — they say it doesn't generate nearly as much revenue for them as they deserve and need. So here's a proposal to help fix that: a tax that would increase American consumers' music streaming bills by 50% — meaning you'd pay an extra $4 to $10 a month for services like Spotify or Apple Music. I don't believe there was ever a time that Americans supported a 50% tax hike on anything, for any reason. But when we got on the phone to discuss the bill this month, he said it's supposed to be taken literally and seriously.

Persons: —, Rashida Tlaib, Jamaal Bowman, Tlaib, Damon Krukowski, I'm, it's, Krukowski, you've, Taylor Organizations: Service, Apple, Business, Wage, Act, Rep, United Musicians, Allied Workers, Spotify Locations: Michigan, New York

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