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☆ Republican Sen. Deb Fischer will win reelection in Nebraska’s Senate race, CNN projects
▼ + stars: | 2024-11-06 | by ( Arit John | ) edition.cnn.com time to read: +2 min

CNN —Republican Sen. Deb Fischer will win reelection in Nebraska, defeating an unexpectedly strong challenge from independent Dan Osborn, CNN projects. Fischer was first elected to the Senate in 2012, when she became the first female senator elected to a full term in Nebraska. Fischer, who will begin her third Senate term in January, said she changed her mind after realizing how important seniority is for members of Congress. Former President Donald Trump also sought to tie Osborn to the left in his endorsement of Fischer. The state also held a special Senate election to fill the other seat left vacant by Republican Ben Sasse’s resignation.

Persons: Republican Sen, Deb Fischer, Dan Osborn, Fischer, Osborn, ”, Kamala Harris, Joe Biden, Independent Vermont Sen, Bernie Sanders, Donald Trump, “ Dan, ’, ” Trump, Republican Ben Sasse’s Organizations: CNN, Republican, Senate, Congress, Navy, outspent Republicans, Democrats, Independent Vermont, Nebraska, Democratic Party, Nebraska Democrats Locations: Nebraska

☆ Hollywood bets on Thanksgiving rebound: Will ‘Wicked,’ ‘Gladiator II’ and ‘Moana 2’ revive the sluggish Fall box office?
▼ + stars: | 2024-11-05 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +6 min

But multiplex owners are hoping that “Wicked” and “Gladiator II” achieve something close as the pink-and-green musical and the Colosseum-set action epic land in theaters on Nov. 22. “The industry is looking at ‘Wicked,’ ‘Gladiator II’ and ‘Moana 2’ as a Holy Trinity of moviegoing,” says Robbins. Overall domestic box office revenues are down more than 11% from 2023 and nearly 27% from 2019, according to Comscore. Newer attempts like Steven Spielberg’s “West Side Story” remake, Chu’s “In the Heights,” “Dear Evan Hansen,” “Cats” and “The Color Purple” all fizzled at the box office despite being based on popular productions. “Gladiator II,” too, must prove to audiences there’s a reason to return to the arena a quarter century after the first film became a Colosseum-sized blockbuster.

Persons: Wesley Snipes, ” There’s, Barbie ”, “ Oppenheimer, ’ ”, Shawn Robbins, “, King, ”, ’, Robbins, —, Chris Aronson, “ Ralph, Grindelwald, Thanksgivings, Marvel’s, Chris Randleman, Ryan Gosling, Emily Blunt’s, Guy ”, Cynthia Erivo, Ariana Grande, Glinda, Barbie, Jon M, Steven Spielberg’s “, Evan Hansen, Ridley Scott, Paul Mescal, Pedro Pascal, Denzel Washington, Indiana Jones, ” Aronson, we’ve, Dwayne Johnson’s Santa Organizations: Trinity, Paramount, Disney, Denzel, “ Locations: ‘, moviegoing, Turkey, Texas

☆ Matthew Lillard turned down 'Dancing with the Stars' because he worried it would ruin his chances of someday winning an Oscar
▼ + stars: | 2024-11-05 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +3 min

Matthew Lillard starred as Shaggy in two "Scooby-Doo" movies, but Warner Bros. scrapped its sequel plans. With his career on a downturn, he considered accepting an offer to join "Dancing with the Stars." AdvertisementMatthew Lillard almost went on "Dancing with the Stars," but his decision to turn it down marked a major turning point in his career. 1 on the call sheet for the next 10 years of movies," Lillard told BI of his expectations at the time. And I was like, if I do 'Dancing with the Stars,' I'll never win an Academy Award," Lillard recalled.

Persons: Matthew Lillard, Shaggy, —, Lillard, Warner, I'd, Michael Buckner, William Afton, He'll, Mike Flanagan's buzzy, Chuck Organizations: Warner Bros, Service, Business, WB, Variety Locations: Hollywood, Universal's

☆ How Women Are Building Community to Succeed in the AI Space.
▼ + stars: | 2024-11-05 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +8 min

But others building startups report facing various gender-related obstacles to success, including bias in the fundraising process, limited mentorship opportunities, and difficulty building meaningful business relationships with men. And recent data from the UK shows that only about 4% of AI startups in the country have women founders. Developing relationships with other women working in the AI space has become a vital lifeline, she said. There were plenty of women interested in building AI companies, she said. AdvertisementThis observation was the catalyst for the Female Founder Circles, a community for women engineers interested in building AI startups.

Persons: Saumya Bhatnagar, Bhatnagar isn't, Fei Fei Li, Daniela Amodei, Mira Murati, it's, Bhatnagar, she's, I'm, Vivien Ho, Ho, they're, Forbes, Rejpal, Rajpal, Stephanie Guo, Guo Organizations: Deloitte, Bay Area, FFC, Pear, Zetta Venture Partners, Bloomberg Beta, GitHub, Sapphire Ventures Locations: Bay, San Francisco

☆ Netflix gaming exec reveals a new AI role after the shutdown of a buzzy games studio and layoffs
▼ + stars: | 2024-11-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Mike Verdu, Netflix's former games chief, is now leading AI-driven game development. Netflix's games division, launched in 2021, has faced shifts and leadership changes. AdvertisementMike Verdu, Netflix's former games chief, has moved into a new role: he's now leading a generative AI gaming division at the streaming giant. Netflix launched a games division in 2021. He wrote that after Netflix games started to scale up, he recognized his strength was in running smaller teams.

Persons: Mike Verdu, —, he's, Verdu, he'd, Alain Tascan, Greg Peters, Netflix's, there's, We've, Verdu didn't Organizations: Service, LinkedIn, Netflix, Epic Games

☆ Trump's closing campaign message is hampered by distractions, disconnect
▼ + stars: | 2024-11-03 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +5 min

Republican presidential nominee and former U.S. President Donald Trump attends his campaign rally at Macomb Community College in Warren, Michigan, U.S., November 1, 2024. Throughout the week, Trump's campaign aired thousands of ads focused on his policy platform: universal tariffs, deeper tax cuts and sweeping immigrant deportations. "This joke does not reflect the views of President Trump or the campaign," Trump campaign senior advisor Danielle Alvarez said last Sunday night. The Harris campaign has spun Trump's comment into a contrast to back its bipartisan case for the Democratic presidential nominee. Republican presidential nominee and former U.S. President Donald Trump attends a campaign rally, in Salem, Virginia, U.S. November 2, 2024.

Persons: Donald Trump, Brian Snyder, Donald Trump's, Kamala Harris, Tony Hinchcliffe's, Tony Hinchcliffe, Andrew Kelly, Bad Bunny, Matt Tuerk, I've, Trump, Danielle Alvarez, Harris, Tim Walz, Liz Cheney, Let's, Tucker Carlson, Brendan Mcdermid, Ian Sams, Trump's, Cheney Organizations: Macomb Community College, Reuters, Republican, New, Madison, NBC, MSG, Minnesota Gov, Wyoming, Desert Diamond, Arizona, Democratic, MSNBC, Fox &, Trump Locations: Warren , Michigan, U.S, Puerto Rico, New York, Puerto Rican, Allentown , Pennsylvania, Pennsylvania, New York City, Madison, Arizona, Glendale , Arizona, Virginia, Salem , Virginia

☆ A scientist who researches healthy aging shares how she eats and works out
▼ + stars: | 2024-11-01 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Mary Ní Lochlainn researches the habits that lead to better health in older age. She does strength training, takes vitamin D, and does intermittent fasting. But the habits that Ní Lochlainn, 34, thinks are most important for healthy aging aren't expensive. Related storiesShe takes vitamin D supplements because people in the UK, where she lives, don't tend to get enough. AdvertisementNí Lochlainn takes vitamin D. Science Photo Library/Getty ImagesIntermittent fastingNí Lochlainn does intermittent fasting by not eating between her dinner and her breakfast in the late morning.

Persons: Mary Ní Lochlainn, —, Ní, Ní Lochlainn Organizations: Service, King's College London, Trinity College Dublin, Kings College London, National Cancer Institute, Getty

☆ Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China
▼ + stars: | 2024-10-31 | by ( Jaures Yip | ) www.businessinsider.com time to read: +6 min

Investors Marc Andreessen and Ben Horowitz said Chinese EVs are beating out American and European automakers. Andreessen Horowitz founders Marc Andreessen and Ben Horowitz said on their podcast that Chinese automakers have developed high-quality and affordable vehicles supported by a robust supply chain ecosystem. With the American auto industry struggling with slowing growth in its EV market, American automakers need to be able to offer a compelling $20,000 EV that also competes on quality if the US doesn't want to "lose the auto industry," Andreessen said. Andreessen said that Chinese car brands are outperforming American EV automakers in affordability and quality, calling them "super technologically sophisticated." AdvertisementTo keep up, American automakers need to be able to offer a similarly affordable and full-featured car at the $20,000 price point, Andreessen said.

Persons: Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Xiaomi's, —, It's, Andreessen, they've, Horowitz, Jim Farley, " Horowitz, Elon Musk, Tesla, Musk, Xiaomi Organizations: Service, Centre, Strategic & International Studies, Ford, Porsche, Porsche Cayenne, American EV, Elon, Nissan Locations: China, Mexico, Dubai, American

☆ Millennial couple who left the U.S. for an island in Japan where they run a honeybee farm: 'Our lives here are so rewarding'
▼ + stars: | 2024-10-29 | by ( Dani Benton | ) www.cnbc.com time to read: +6 min

We spent the next year and a half traveling through Mexico, before arriving in the fall of 2023 on Ōmishima Island in Japan's Ehime Prefecture. Today, we own a guesthouse, a primary residence that used to be an inn, and have a small, growing honeybee farm. Photo: Dani BentonOur work on the honeybee farm includes hive health inspections, monitoring colony growth, building hive boxes and, of course, harvesting and processing honey. The community has made us feel so at homeWe found Bosco living under another abandoned house next to our property. Photo: Dani BentonI love animals, and thanks to ours, I got involved with One No Wa, the dog rescue on the island.

Persons: Evan, they've, Ōmishima, Bosco, Dani Benton, Hani, Shimanami Kaido, Cherry, Dani Benton …, Ino Ino, Ponkan Locations: New Orleans, Mexico, Ōmishima, Japan's Ehime Prefecture, Hakatajima, Ōmishimafuji

☆ Weight loss care is leading IPO-hopeful Omada Health's latest growth surge as Ozempic boom continues
▼ + stars: | 2024-10-29 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

The startup says care for GLP-1 patients has become its most popular front door for new customers. AdvertisementLast spring, diabetes startup Omada Health said it wanted to help employers manage patients taking a blockbuster new class of weight-loss drugs. Omada Health's metabolic health program has now become the entry point for most new employers considering contracts with Omada Health, Duffy said. Launched in 2011, Omada provides virtual care for diabetes, hypertension, musculoskeletal care, and diabetes prevention, alongside obesity, to employers, health plans, and even health systems. The firm said GLP-1 drugs for obesity account for about 10% of all pharmacy spending.

Persons: —, Duffy, Omada, haven't, buzzy, Willis Towers Watson Organizations: Service, Omada Health, Business, Nordisk's Ozempic Locations: WeightWatchers, GLP

Democratic Rep. Colin Allred is giving the polarizing Republican Sen. Ted Cruz a run for his money, presenting him as a do-nothing extremist. There’s added intrigue as Cruz underperformed in his last Senate race in 2018, fending off former Democratic Rep. Beto O’Rourke by less than 3 points. Republican Larry Hogan won two races for governor of Maryland in 2014 and 2018, defying gravity in the deep-blue state. He’s favored in a red-leaning district previously held by centrist Democratic Rep. Ron Kind. Democratic Rep. Vicente Gonzalez is looking to hang on against Mayra Flores, a Mexican-born millennial who has promoted far-right rhetoric and is seeking to channel a resistance to transgender rights.

Persons: Kamala Harris, Donald Trump, —, Cruz, Colin Allred, Sen, Ted Cruz, Allred, There’s, Cruz underperformed, Beto O’Rourke, Dan Osborn —, Osborn, Deb Fischer, Fischer, Larry Hogan, he’s, Hogan, Joe Biden, Angela Alsobrooks, Prince George’s, Rick Scott, Trump, Debbie Mucarsel, Powell, Scott Perry, Janelle Stelson, Perry, Amy Walter, ”, Jen Kiggans, Missy Cotter Smasal, Derrick Van Orden, Biden, He’s, Ron Kind, Rebecca Cooke, Vicente Gonzalez, Mayra Flores, Gonzalez, MAGA, Katie Porter, Scott Baugh, Porter, Dave Min Organizations: Texas, Senate, Democratic, GOP, Democratic Rep, Nebraska, Populist, Republicans, Maryland, Republican, Maryland Senate, Trump, Former, Caucus, Social Security, . Texas ’, Orange County GOP, Democrat, House Democrats Locations: Texas, Maryland, Prince George’s County, . Florida, Florida, Scott, Stelson, Perry, ” Virginia’s, Virginia, East Coast, Wisconsin’s, Washington, . Texas, Mexican, Newport Beach, Orange County, California

☆ Insider Today: Young men's new obsession
▼ + stars: | 2024-10-26 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

This week's dispatchThe New York Liberty celebrated their WNBA championship with a victory parade. In June, it was reported that the New York Liberty had the third-highest value in the league ($130 million), and brought in the most revenue last year ($18 million). Wu Tsai made a series of key investments that have paid off. AdvertisementAfter building out a state-of-the-art locker room, Wu Tsai focused on filling out an all-star bench. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Sarah Stier, it's, they've, Clara Wu Tsai, Joseph Tsai, Wu Tsai, Breanna Stewart, Gris Osses, Edmon De Haro, Elvis Presley's Graceland, Chelsea Jia Feng, Leila Najafi, she's, They're, Valentin Tkach, Josh Hartnett, Tyler Perry's, Bruce Springsteen, Rebecca Zisser, Taylor, she'll, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, New York Liberty, New York, Financial, Minnesota Lynx, WNBA, Liberty, Barclays Center, BI, Warner Bros, Netflix Locations: York, Brooklyn, honeymoons, Canada, New York City, New York, Chicago

☆ Nestlé and L'Oréal are betting on a longevity supplement made from pomegranate juice
▼ + stars: | 2024-10-25 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +9 min

Urolithin A supplement company Timeline has investments from both Nestlé and L'Oréal. This year, the conversation quickly turned to the supplement du jour, the compound that has drawn investment from both Nestlé and L'Oréal: Urolithin A. Starting in 2008, Rinch's supplement company, Amazentis, funded over a dozen studies on urolithin A, including some relatively large, placebo-controlled trials in people — a rarity in supplement research. Urolithin A has also captured the attention of longevity researchers, who are typically more skeptical about products promising to make you young again. Timeline was on the agenda at this year's ARDD, an annual longevity research conference held in Copenhagen in August.

Persons: —, There's, Urolithin, Hilary Brueck, Chris Rinsch, Rinsch, Johan Auwerx, Amazentis, Auwerx, He's, Mark Hyman, Dave Asprey, Gwyneth Paltrow's, Will Cole, Dominic Denk, Denk, wouldn't, Timeline's, Andrea Maier, it's, Maier Organizations: Service, VC, Business, Frankfurt University Hospital, National University of Singapore Locations: Gstaad, Swiss, skincare, urolithin, Davos, Copenhagen, Germany, Switzerland, Nestlé

☆ Your supplements might not contain what's on the label. The US's leading expert shared 3 tips for buying safe products that are right for you.
▼ + stars: | 2024-10-24 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Dietary supplements aren't FDA-approved like drugs. Dietary supplements aren't FDA-regulated like drugs, and the onus lies on manufacturers to ensure their products are safe and accurately labeled. As such, dietary supplements aren't uniform, Stefan Pasiakos, the director of the Office of Dietary Supplements at the National Institutes of Health, said. But there are certainly aspects of certain dietary supplements that may be considered unsafe." AdvertisementThe ODS has lots of information on its website, including dietary supplement fact sheets, which are up-to-date, evidence-based reviews of the available information, he said.

Persons: Stefan Pasiakos, —, Pasiakos, There's Organizations: FDA, Service, National Institutes of Health, JAMA, Pharmacotherapy, Getty, National Center, Integrative, NIH

☆ OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns
▼ + stars: | 2024-10-24 | by ( Hayden Field | ) www.cnbc.com time to read: +9 min

OpenAI is disbanding its "AGI Readiness" team, which advised the company on OpenAI's own capacity to handle increasingly powerful AI and the world's readiness to manage that technology, according to the head of the team. On Wednesday, Miles Brundage, senior advisor for AGI Readiness, announced his departure from the company via a Substack post. Former AGI Readiness team members will be reassigned to other teams, according to the post. Madry will still work on core AI safety work in his new role, OpenAI told CNBC at the time. Leike added that OpenAI must become a "safety-first AGI company."

Persons: OpenAI, Miles Brundage, Brundage, Miles, Mira Murati, Bob McGrew, Barret Zoph —, Aleksander Madry, Madry, reassign Madry, Sam Altman, it's, Altman, Lina Khan, they've, OpenAI's, Ilya Sutskever, Jan Leike, Leike, Greg Brockman, Brockman Organizations: AGI Readiness, CNBC, Security Committee, Google, Microsoft, Meta, Princeton University, Democratic, Federal Trade Commission, Department of Justice, Nvidia Locations: OpenAI

☆ Novo Nordisk asks FDA to ban compounding pharmacies from making Ozempic, Wegovy copies
▼ + stars: | 2024-10-23 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. The FDA still has to make a final decision on whether to bar compounded versions of semaglutide, the active ingredient in Ozempic and Wegovy. In a statement, the agency said it is reviewing the petition and will respond directly to Novo Nordisk. The active ingredient in Wegovy and Ozempic, semaglutide, has been in intermittent shortages over the past two years. Like Novo Nordisk, Eli Lilly has sued several weight loss clinics, medical spas and compounding pharmacies across the U.S. over the past year.

Persons: Wegovy, Danish drugmaker, semaglutide, Eli Lilly, Eli Lilly's, compounders Organizations: Novo Nordisk, Tuesday, Food and Drug Administration, FDA, Nordisk Locations: Novo, Danish, U.S

☆ 'Swicy' items take over restaurant menus as Gen Z seeks heat
▼ + stars: | 2024-10-22 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Nearly 10% of restaurant menus have "sweet and spicy" items, up 1.8% over the last 12 months, according to market research firm Datassential. Common menu items have paired fruity flavors and chili powder, or used sauces like hot honey and gochujang, a red chili paste that's a popular Korean condiment. Courtesy: StarbucksAlthough the menu items were largely only available for a limited time, culinary experts think that the swicy trend has staying power. Buzzy, trendy menu items are more important now to restaurants, which are leaning on both discounts and innovation to attract diners and reverse declining sales. Limited-time menu items are particularly attractive to Gen Z customers, a key demographic because they account for roughly a fifth of Americans.

Persons: Randy Shropshire, trendologist Kara Nielsen, Nielsen, Jeffrey Saad, Hadar Cohen Aviram, McCormick, Cohen Aviram, Gen Zwicy Organizations: Coca, Getty, Food Institute, Box Intelligence, Sweet, Food Network, Istock, Nielsen, McCormick Locations: Chico, Thermal , California, U.S, San Francisco, Korean, Cholula

☆ He's British, she's Australian. Here's their trick to traveling 10,000 miles — with kids in tow
▼ + stars: | 2024-10-22 | by ( Marylou Costa | ) www.cnbc.com time to read: +5 min

Stopover: Seoul, South KoreaPros: Seoul's street food, kid-friendly Korean Air The cinema-themed Hotel28 provides popcorn and gift packs for kids on arrival. Source: MaryLou CostaGetting to Seoul was a cinch on Korean Air, which lets parents pre-book kids' meals like pizza, hot dogs and barbecue chicken. If there's no connecting flight to your destination on the day itself, Korean Air includes a free night's stay at the five-star Grand Hyatt Incheon. Korean Air offered us a free new flight to Australia — a week later. We took a 1.5-hour flight to the beach town of Krabi, where we spent a week at the ShellSea Krabi resort.

Persons: MaryLou Costa, Costa, Grand, Krabi Organizations: London, South Korea, Korean Air, Korean, Grand Hyatt Incheon, Australia —, Don Mueang International, United Arab Emirates, Pricey, Dubai Aquarium Locations: Ingham, Australia, Queensland, Europe, United Kingdom, Seoul, South, Myeongdong, South Korea, London, Bangkok, Thailand, Brisbane, Krabi, Dubai, United, Burj, Pricey Dubai, Aquaventure, Burj Khalifa, Singapore

☆ An athlete turned CEO says rucking — the fat-burning workout du jour — helps him stay in shape without sacrificing calls and meetings
▼ + stars: | 2024-10-21 | by ( ) www.businessinsider.com time to read: +5 min

Byers takes his meetings and calls while walking either outside or at a treadmill desk. He said rucking, carrying weight while walking, is an efficient way to stay in shape on a busy schedule. Byers told Business Insider that he spends hours each week rucking, walking with a weighted pack or vest. CEO Jeff Byers works out in a weighted vest or pack often, sometimes while taking calls or meetings. "Working together and doing hard things allows us to do hard things together in business to solve difficult problems," Byers said.

Persons: Jeff Byers, Byers, —, Guy Fieri, it's, Michael Easter, rucking, That's, It's, he'll Organizations: Service, NFL, USC Trojans Locations: New York

☆ What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round
▼ + stars: | 2024-10-21 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +5 min

Perplexity is eyeing a massive funding round this year, The Wall Street Journal had reported. The Times alleged that Perplexity was violating copyright laws by using its content to create news summaries, according to Reuters. In a statement to Reuters, Srinivas said: "We are very much interested in working with every single publisher, including The New York Times. AdvertisementOn Monday, the Journal and New York Post owner News Corp. filed a lawsuit against Perplexity, also alleging copyright infringement. While Perplexity has dealt with criticism from media outlets, its rival OpenAI has struck deals with publishers to use their content.

Persons: —, Perplexity, Aravind Srinivas, Denis Yarats, Johnny Ho, Andy Konwinski, Srinivas —, Jeff Bezos, Forbes, Srinivas, OpenAI, Microsoft — Organizations: Corp, Street Journal, Service, Google, Street, New York Post, Business, Nvidia, SoftBank's, Forbes, Wired, New York Times, News Corp, The New York Times, Microsoft, Reuters, The Times, Perplexity

The Perplexity AI logo is seen in this photo taken Jan. 4, 2024. Perplexity AI, an artificial intelligence search engine startup hoping to chip away at Google's dominance, is seeking to more than double its valuation to about $9 billion in its next funding round, CNBC has confirmed. The Wall Street Journal was first to report on the new funding round. Perplexity started the year with a roughly $500 million valuation. Since then, the company has continued to attract investor interest alongside the bigger boom in generative AI, raising three funding rounds this year.

Persons: Perplexity, OpenAI, ChatGPT Organizations: CNBC, New York Times

☆ Piper Sandler says own these expensive stocks and sell these others
▼ + stars: | 2024-10-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Earnings momentum can mean the difference between whether to buy stocks that have expensive valuations or not, according to Piper Sandler. That group was named to the "hold" list, while the others were deemed part of the "fold" cohort. CNBC Pro compiled a handful of names from each list exclusively for subscribers: The 'hold' list Nvidia was one of several buzzy names on the list of hold stocks. While it has a price-to-earnings multiple for the next 12 months at 36.615, it has an earnings revision ratio of 0.597. The home improvement retailer has a negative earnings revision ratio of 0.589 on top of a forward price-to-earnings multiple of 26.691.

Persons: Piper Sandler, Michael Kantrowitz, Kantrowitz, LSEG, Berkshire Hathaway, McDonald's Organizations: CNBC, Nvidia, Berkshire, Depot, LSEG Locations: Chicago

☆ Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
▼ + stars: | 2024-10-16 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Cloud startups raised $62.5 billion in Europe, Israel and the U.S. in 2023, the report found. Funding is up 65% from the $47.9 billion cloud firms raised four years ago, according to Accel. AI is eating softwareMuch of the growth of funding in cloud is being driven by excitement around AI. Globally, companies building so-called foundational models, which power much of today's generative AI tools, account for two thirds of overall funding for generative AI firms, Accel said. Big Tech's AI splurgeThe U.S. took the lead globally in terms of overall regional generative AI investment raised.

Persons: OpenAI, ChatGPT, Philippe Botteri, Botteri, Accel's, Anthropic, Elon Musk's xAI, Britain's, France's Mistral, Accel, Dev Ittycheria, Ittycheria Organizations: Accel, Venture, Microsoft, CNBC, Accel —, Nasdaq, Alpha, Google Locations: U.S, Europe, Israel, genAI

☆ Triller is finally a public company after years of false starts. Here's its pitch to investors.
▼ + stars: | 2024-10-16 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

The creator and marketing company Triller is finally trading on the Nasdaq under the ticker ILLR. The company went public via a reverse merger with a Hong Kong-based company called AGBA. A reverse merger occurs when a private company goes public by acquiring a publicly listed company. That didn't come to fruition, and in December 2021, the company announced plans to complete a reverse merger with a company called Seachange International. Creators, brands, and consumers are the main cohorts that AGBA touts as central to Triller's business in its recent filings.

Persons: Triller, —, TikTok —, It's, Julius, AGBA, Triller's, Mike Lu, Lu Organizations: Nasdaq, Service, AGBA, Holding, Clubhouse Media, Reuters, Seachange, SEC, Big Tech, AGBA's, Facebook, YouTube, Business, Billboard Locations: Hong Kong, buzzy

☆ Target shoppers' excitement over the 'Wicked' Stanley cups shows buzzy partnerships are the way forward for the water bottle brand
▼ + stars: | 2024-10-15 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +5 min

On Sunday, Stanley and Target released a collection of "Wicked"-themed Quencher cups. AdvertisementTarget and Stanley released their latest limited-edition collaboration on Sunday, delighting water bottle enthusiasts and musical fans alike. The videos were reminiscent of those that appeared after Target and Stanley released their Valentine's Day collaboration in January. Savvy marketing can help StanleyThe enthusiasm over the "Wicked" Quencher collection comes after a banner year for Stanley. Courtesy of StanleyBut as the excitement around the "Wicked" collection indicates, Stanley can maintain its popularity with buzzy collaborations.

Persons: Stanley, —, Alicia Briggs, Oz, Briggs, Quencher, Elphaba Quencher, Love, Piper Sander, Olivia Rodrigo, Barbie's, — Stanley Organizations: Shoppers, Service, Target, Business, CNBC, Influencer Intelligence, LoveShackFancy Locations: Target

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