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Can Apple Rescue the Vision Pro?
  + stars: | 2024-06-11 | by ( Kevin Roose | ) www.nytimes.com   time to read: +1 min
When I first got my hands on an Apple Vision Pro early this year, it felt like magic. I even used the Vision Pro in the back seat of a self-driving Waymo car, which I believe qualifies me for some kind of “Mr. But novelty fades, and today I barely use the Vision Pro at all. Some early adopters returned their Vision Pros for refunds, and lightly used headsets are selling for as little as $2,500 on resale websites. When I took a casual poll of other Vision Pro owners I know — mostly journalists and tech workers — I learned that few of them were using theirs, either.
Persons: Mr, Francisco ”, hasn’t, Organizations: Apple Vision, Vision
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My wife, Kristi, and I were inspired to move to France after watching a documentary about British people who'd relocated there. This story is available exclusively to Business Insider subscribers. Kids start school at 3The education system in France is superior. Do you have an interesting story about living away from your native country that you'd like to share with Business Insider?
Persons: , Phil Coley, Kristi, who'd, Alicia, Haydn, pats, I've, they've Organizations: Service, Business, ex, pats Locations: France, Limoges, It's, , French
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. My wife, Kristi, and I were inspired to move to France after watching a documentary about British people who'd relocated there. This story is available exclusively to Business Insider subscribers. Kids start school at 3The education system in France is superior. Do you have an interesting story about living away from your native country that you'd like to share with Business Insider?
Persons: , Phil Coley, Kristi, who'd, Alicia, Haydn, pats, I've, they've Organizations: Service, Business, ex, pats Locations: France, Limoges, It's, , French
The author's son was having seizures on a regular basis before his brain surgery. The pandemic delayed Trevor's surgery evaluationsDoctors at Memorial Hermann put Trevor on three different medications, but none of them worked to stop his seizures. A brain surgery to shave away a damaged portion of Trevor's brain looked like the treatment that was most likely to work. Trevor needed tons of testing before he could even be considered for brain surgery. AdvertisementThat's essentially what he did in Trevor's brain.
Persons: Samantha Harney, Trevor didn't, I've, Trevor, he'd, Memorial Hermann, Taylor, Manish Shah, Dr, Shah, he's, He's Organizations: Service, Memorial Hermann Hospital, Business, Memorial Locations: Houston
At the same time, Wall Street analysts continue to focus on picking individual stocks that can thrive even in the face of short-term pressures and deliver attractive, long-term returns. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Burlington StoresOff-price retailer Burlington Stores (BURL) is this week's first pick. Tarlowe noted that the expansion in Burlington Stores' gross and operating margins helped drive better-than-expected earnings in the first quarter. (See Burlington Stores Stock Charts on TipRanks)AmazonE-commerce and cloud computing company Amazon (AMZN) is also a top pick.
Persons: Jefferies, Corey Tarlowe, BURL, Tarlowe, TipRanks, Ivan Feinseth, there's PagerDuty, Matthew Hedberg, Hedberg Organizations: Burlington Stores Inc, Federal Reserve, Wall Street, Burlington, Burlington Stores, Amazon Web Services, AWS, RBC Capital, Department of Veteran Affairs Locations: Burlington, New York, U.S, Jersey, billings .
India's stock market has been topsy-turvy in the past week. WealthMills Securities' equity market strategist Kranthi Bathini says "India's stock markets need stable policy continuity going forward." "The Union Budget has consistently increased allocations for infrastructure development. Strong digital economy and startup ecosystem Another longer-term theme on Sengupta's radar is the digital economy and startup ecosystem. Riding the consumer wave Aside from sectors poised for growth, WealthMills Securities' Bathini suggests looking out for names set to benefit from the strong consumer.
Persons: turvy, Narendra Modi's, Modi, Dhruba Jyoti Sengupta, Kranthi Bathini, Sengupta —, Sengupta, Bathini Organizations: Narendra Modi's Bharatiya Janata Party, BJP, Lok Sabha, Wrise, CNBC Pro, BSE, Bombay Stock Exchange, WealthMills Securities, Budget, Hindustan, Indian Railway Catering, Tourism Corporation, Indian, Construction, Titagarh, Systems, India, Canara Bank, Bajaj Finance, Securities, Hindustan Aeronautics, Tata Motors, Reliance Industries Locations: Lok, Asia, East, Europe, India, uptrend
Generating income with dividend stocks Dividend stocks have long been a staple of income investors' portfolios. Municipal bonds offer income that's free of federal tax, however. These names trade on exchanges like stocks, and they can offer dividend yields upward of 6%. Options strategies to create income Derivative income funds , such as the JPMorgan Equity Premium Income ETF (JEPI), gathered some $22 billion in 2023, according to Morningstar. Further, consider comparison shopping, as all "derivative income" funds have their own quirks and differences in strategies could affect their risk/return profile.
Persons: Janus Henderson, Walt Disney's, Amber Milam, Jefferies, It's, Savita Subramanian, Subramanian, Russell, Louis, Morningstar, Mike Mulach, Rick Rieder, he'd, Kathleen McNamara, there's, , Bill Gross, JEPI, Cash, Ashton Lawrence Organizations: Federal Reserve, Meta, Mobile, Bank of America, IBM, . Investment, Fitch, Credit, nab, ICE, Federal Reserve Bank of St, Louis Fed, UBS, UBS Wealth Management, York Life Investments, , JPMorgan, Mariner Wealth Advisors Locations: U.S, Greenville , South Carolina
Also, some used EVs are eligible for up to $4,000 in federal tax credits , and several states offer tax credits or rebates. Although as with buying any used car — from manufacturers and independent dealers, online marketplaces or private owners — there are pros and cons. The Hertz Car Sales website "Shop EVs" button recently listed 1,475 of the 1,638 used EVs listed as "Hertz Certified." A March study by automotive research firm iSeeCars found that the average used car price was down 3.6% from last year, though used EV prices had plummeted 31.8%, equating to $14,418 in value. A follow-up question — "Can you tell me about 2022 Tesla Model 3s being sold by Hertz Car Sales?"
Persons: Hertz, , iSeeCars, Elon, Karl Brauer, Brauer, Yossi Levi, Guy, Tesla, Carvana, Edmunds, ChatGPT, Hertz's, Matt Quinn, CarGurus, Eugene Park Organizations: Hertz, EV, Hertz Global Holdings, U.S, Bolts, Car, Hertz Tesla, Tesla, ChatGPT, Hertz Car Locations: U.S, Massachusetts, Colorado, Edmunds, CarGurus
Business Insider spoke to five Americans who moved to Latin America, many for their retirements. All agreed that life is in many ways better in Latin America than in the US. She said she feels more welcome in Costa Rica than in Illinois, even with a language barrier. Gary Keenan, 71, disagrees that Costa Rica is cheaper than the US, though he's fine paying the upcharge. Living and working in natureMoving to Latin America has allowed some Americans to advance their careers and retirement goals while living a more serene life.
Persons: , Janet Sussman, Sussman, " Sussman, Cheryl Sands, didn't, she'd, it's, Sands, she's, Gary Keenan, Keenan, Jose Rodriguez, He's, Andy Wiesmann, Medellín, he's, Wiesmann Organizations: Service, Business, Illinois -, Social Security, Costa Rica, US Locations: Florida, New York, Panama, Airbnbs, Latin America, America, Illinois, Illinois - Kentucky, Costa, Guanacaste, Costa Rica, New Mexico, Central, San Jose, Chicago, São Paulo, Brazil, Medellín, Colombia, Inland, Mexico, California, United States, South America
So far, we've been on all five Disney Cruise Line ships — Disney Magic, Disney Wonder, Disney Dream, Disney Fantasy, and Disney Wish. AdvertisementMy favorite ships are Disney Wonder and Disney MagicDisney Wonder is one of my favorite ships. Disney Wonder also has my favorite Disney Cruise Line restaurant, Tiana's Place. Disney Wonder and Disney Magic have nearly identical deck layouts, as do Disney Dream and Disney Fantasy. Unlike the other Disney cruise ships we've been on, Disney Wish doesn't have a specific area for adults-only lounges.
Persons: , we've, we'll, Jill Robbins Disney, Disney Wonder, Flynn Organizations: Service, Disney, MSC, Royal, Disney Cruise, Business, Disney Treasure, Jill Robbins Disney Wonder, Orlando Sentinel Locations: Royal Caribbean, Bahamas
Nvidia 's stock still has plenty of upside ahead of it even after the chip giant's market cap crossed $3 trillion , according to a highly rated portfolio manager. Adam Benjamin, a research analyst and portfolio manager at Fidelity Investments, told CNBC on Thursday that the artificial intelligence boom still has plenty of room to grow and that Nvidia remains in a strong position. Nvidia was the top holding in the Fidelity Select Technology Portfolio (FSPTX) as of April 30. "I know people like to talk about this as a chip company … but this is really a full infrastructure and compute and services company," Benjamin said. Other top holdings in Benjamin's Fidelity fund as of April 30 include Microsoft and Apple .
Persons: Adam Benjamin, Benjamin, Berkshire Hathaway's Warren Buffett, Morningstar Organizations: Nvidia, Fidelity Investments, CNBC, Wall, Berkshire, Fidelity, Technology, Morningstar, Microsoft, Apple
The withdrawal risk of quitting antidepressants
  + stars: | 2024-06-05 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +7 min
Roughly 15% of participants who discontinued antidepressants experienced withdrawal symptoms such as dizziness, headaches, nausea, insomnia and irritability, according to the review published Wednesday in the journal The Lancet Psychiatry. The review is the first publication of a larger project on antidepressant withdrawal symptoms, the authors said. The authors also discovered the medications most often linked with withdrawal symptoms were desvenlafaxine, venlafaxine, imipramine and escitalopram. The rate of withdrawal symptoms in pharma-funded studies was about the same as trials not funded by pharmaceutical companies. The study didn’t provide information on the duration of withdrawal symptoms, but other research suggests they can last for up to two weeks in most cases, Keedwell said.
Persons: , Jonathan Henssler, ” Henssler, Sameer Jauhar, Jauhar wasn’t, ” Jauhar, Christiaan Vinkers, weren’t, Tony Kendrick, , ” Kendrick, Henssler, Jauhar, Oliver Howes, Howes wasn’t, Paul Keedwell, wasn’t, Keedwell, ” Keedwell Organizations: Lifeline, CNN, neurosciences, Charité — University Medicine, King’s College London, Pharmaceutical, pharma, Amsterdam University Medical Center, University of Southampton, Cleveland Clinic, Royal College of Psychiatrists Locations: United Kingdom, Berlin, England
A decade ago, Millennium Management managed $21.1 billion and had 18 senior people — all a part of the executive committee — listed on its website. Now the $64 billion multistrategy manager has 47 names on its leadership page split among divisions like the relatively new Office of the CIO. Executive teams are often just a firm's founder and a few trusted lieutenants. Many departures from the firm's top level have been executives launching their own funds or joining Millennium colleagues starting their own funds. Michael Gelband and Hyung Lee, who once ran fixed income and equities, respectively, brought the business-development pro Peter Hornick and the risk executive Dev Joneja with them when they launched ExodusPoint.
Persons: , Izzy Englander, hasn't, Englander, Bobby Jain, Ajay Nagpal, Michael Chung, Peter Santoro, Izzy, Jain, Stephen Haratunian, Michael Gelband, Hyung Lee, Peter Hornick, Dev Joneja, Kurt Baker, Jonathan Xiong Organizations: Millennium Management, Business, Fidelity, Bloomberg, Citadel, Millennium Locations: BlackRock, New York, Asia
We asked the pros which are the best stock alternatives to Nvidia that are still cheap. Meta Meta remains a good investment at its current price, said Adam Coons, portfolio manager at Winthrop Capital Management. In 2025, that revenue growth is set for a 12% increase and earnings growth for 15%. That would put Meta's multiples at 26 times 2024's earnings and 23 times 2025's earnings, according to Coons. Meta is trading at a 19 times EV/EBIT multiple, versus Microsoft's 28 times, and Nvidia's 25 times.
Persons: Adam Coons, it's, Coons, Qualcomm Angelo Zino, Zino Organizations: Nvidia, Nasdaq, U.S . Federal, Winthrop Capital Management, CNBC Pro, Meta, Microsoft, Netflix, Big, Google, Gemini, Qualcomm, CFRA Research, Micron Micron, Micron Locations: Big Tech, China
Read previewThis as-told-to essay is based on a conversation with Jim Ward, a 61-year-old who works in cybersecurity and moved from Dallas, Texas, to Knoxville, Tennessee, in 2022. AdvertisementAfter 20 years of living in the Dallas-Fort Worth area, my wife and I finally escaped to Tennessee two years ago. As far as geography goes, in the Dallas area, the terrain is predominantly flat with few trees. HUM Images/Universal Images Group via Getty ImagesWhile living in Texas, I had a job that required a lot of traveling. AdvertisementOur quality of life has improved in TennesseeThere are certainly several similarities between Tennessee and Texas, but I also see a lot of differences.
Persons: , Jim Ward, There's, LeConte, Kevin Ruck, that's, we've Organizations: Service, Ward, Dallas, Business, DFW, Love, Getty, Dallas Fort Worth International Airport, Dallas Love Field, Houston, Tennessee Theatre Locations: cybersecurity, Dallas , Texas, Knoxville , Tennessee, Houston, Dallas, Texas, Fort Worth, Tennessee, Plano, Irving, Highland Village, Virginia, North Carolina, Highland, Knoxville, We're, Smoky
Read previewArielle Francois, 24, would tell her past self it's fine to be nervous about making the move from South Florida to Dallas. Francois moved to Florida from Haiti because of the earthquake in 2010. Beyond scrolling through social media posts and apartment sites, there are also rent and costs to think about. Additionally, Francois said she feels it's more affordable to live in Dallas than South Florida for someone her age. "Because South Florida is so close to Haiti, you'll find a huge population of Haitians in South Florida," she said.
Persons: , Francois, hadn't, Arielle Francois Francois, Dallas, hasn't, Dallas I'm, you'll Organizations: Service, Business, Dallas, PMG, Facebook Locations: South Florida, Dallas, Miami, Florida, Haiti, Texas, PMG, Smart, Caribbean, Little Haiti
The author, Megan Bearce, and her husband, Ian, had just moved from Los Angeles to Minneapolis when he got a job offer in New York City in 2010. I heard this question so many times over the 10 years my husband, Ian, flew weekly from our home in Minneapolis to his job in New York City. Ian posted photos and art on the walls of the New York City apartments he stayed in during the week when he supercommuted from Minneapolis. Visits to New York City helped the kids get a glimpse of Ian's life during the week, Megan says. The logistics of multiple activities felt too overwhelming for me to handle with Ian away during the week.
Persons: Megan Bearce, Ian, We'd, we'd, Ian didn't, Megan, Ian couldn't Organizations: New Locations: Los Angeles, Minneapolis, New York City, Brooklyn, Manhattan, Minnesota, Cape Cod
Wall Street sell-side research is a key part of the financial markets, written by analysts working for brokerage firms, investment banks and other institutions. Research reports An analyst's published research report might include a company overview with basic information about a company's business, products and position in the relevant market. This is especially true when an analyst is first initiating research coverage into a particular company or industry. Analyst recommendations affect stock prices every day , especially if an analyst or her firm is highly reputable or believed to hold expertise in a particular area. Contrarian indicators Analyst recommendations can occasionally act as a contrarian indicator , too.
Persons: Merrill Lynch, Henry Blodgett, Merrill Organizations: Research, Wall, Sarbanes, Oxley, Global, Securities and Exchange Commission, National Association of Securities Dealers, CNBC Pro Locations: Sarbanes
Roku 65-inch Pro Series 4K QLED TV Roku's flagship Pro Series TV is a great all-around 4K QLED. AdvertisementShould you buy the Roku Pro Series TV? The Roku Pro series offers good image quality in a convenient, easy to use package. Ryan Waniata/Business InsiderThe Roku Pro Series is a worthy buy for anyone who wants a great midrange QLED TV. We tested a 65-inch Roku Pro Series model, but our overall impressions also apply to the 55- and 75-inch sizes.
Persons: Roku, 120Hz, Ryan Waniata, you've, U8N, Max, Roku's, It's, Hisense's U8N, You'll Organizations: Business, TCL, Shop, Walmart Shop, Dolby, Pro, TCL's, Samsung, Google, Processing Unit, Smart, AMD FreeSync Locations: Moana
If inflation continues to decelerate in the coming months, mortgage rates could fall further. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. But because inflation has been somewhat sticky in recent months, mortgage rates have remained elevated so far this year. Lower mortgage rates will bring more buyers onto the market, putting upward pressure on prices.
Persons: Fannie Mae Organizations: Zillow, Federal Reserve, Mortgage, Association, ARM Locations: Chevron
Her success in monetizing her platform persuaded her to try full-time content creation in 2023. Hong Kong-based creator Anushka Purohit decided to dive into a corporate 9-to-5 job after graduating from college instead of becoming a full-time creator because of the perceived financial instability. "The idea of full-time content creation is often more glamorous than reality," she said. Nguyen also said she'll never go back to full-time content creation because of the financial instability. Being a full-time creator can also hurt your social-media brand if you compromise for the money.
Persons: , influencer Maryam Salam, Adesh, hasn't, they've, Anushka Purohit, Purohit, Mitchie Nguyen, Instagram, Nguyen, she's, Salam, she'll, Maryam Salam, Maryam, Mariam Organizations: Service, Business, Salam, Google, Staples, RBC Locations: Canada, monetizing, Hong Kong, York, TikTok
We've got three adult children, and two of them have boomeranged after college. I also look at the low interest rates from the pandemic, trying to prop up the economy. Interest rates — people don't want to move out of their homes when they have good interest rates. They don't sell because they know they're going to get into a new mortgage with higher interest rates. We feel like we're blessed that our adult kids want to spend some time with us.
Persons: , Alex Gonzalez, Gonzalez, We've, it's, They're Organizations: Service, Business, Utilities Locations: Bloomington , Minnesota, Minneapolis
Still, when you're saving for something that's decades away, such as retirement, it's easy to feel like you're not doing enough or that you're falling behind without some context. Even if you're not doing as well as you'd like, you may be doing better than most. "Automating savings ensures consistency and discipline, making it easier to stick to your retirement savings goals." It's "essentially free money that can significantly boost your retirement savings," says Basso. "Don't treat your retirement savings like Vegas and go all in on something.
Persons: you've, Ashton Lawrence, Alyson Basso, Basso, couldn't, Andrew Herzog Organizations: Fidelity, Mariner Wealth Advisors, Hayden Wealth Management, CNBC Locations: Greenville , South Carolina, Middleton , Massachusetts, Plano , Texas, Vegas
These "forever renters" vary widely in their reasons for not pursuing home ownership. Others prefer the flexibility to move and freedom from ownership costs that renters enjoy. Homeownership and renting have numerous pros and cons, making it hard to say whether forever renters are acting shrewdly or making a big mistake. Renters avoid large down payments and the varying costs of homeownership, such as mortgage payments, taxes, maintenance, and repairs. It's also cheaper to change the place you're renting than the place you're buying because of real-estate agent fees."
Persons: , Grant Wilson, Eunjee Kwon, David Brasington, Kautz, There's, Colin Lizieri, they've Organizations: Service, Business, University of Regina, University of Cincinnati, University of Cambridge Locations: Germany, Switzerland
Her success in monetizing her platform persuaded her to try full-time content creation in 2023. Hong Kong-based creator Anushka Purohit decided to dive into a corporate 9-to-5 job after graduating from college instead of becoming a full-time creator because of the perceived financial instability. "The idea of full-time content creation is often more glamorous than reality," she said. Nguyen also said she'll never go back to full-time content creation because of the financial instability. Being a full-time creator can also hurt your social-media brand if you compromise for the money.
Persons: , influencer Mariam Salam, Adesh, hasn't, they've, Anushka Purohit, Purohit, Mitchie Nguyen, Instagram, Nguyen, she's, Salam, she'll Organizations: Service, Business, Salam, Google, Staples, RBC Locations: Canada, monetizing, Hong Kong, York, TikTok
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