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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 26, 2023. Brendan McDermid | ReutersA majority of Wall Street investors haven't taken solace in stocks' 2023 gains, thinking the market could retreat further as risk of a recession creeps up, according to the new CNBC Delivering Alpha investor survey. Zoom In Icon Arrows pointing outwardsMore than 60% of respondents believe the stock market's gain this year has just been a bear market bounce, seeing more trouble ahead. A total of 39% of investors believe we are already in a new bull market. The market also contended with a rally in crude oil as well as a 10-week winning streak for the dollar.

Persons: Brendan McDermid, Stocks Organizations: New York Stock Exchange, Reuters, Wall Street, CNBC Delivering Alpha, CNBC, Federal Reserve Locations: New York City

☆ Congress to hold new AI hearings as it works to craft safeguards
▼ + stars: | 2023-09-08 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, Sept 8 (Reuters) - Congress next week will hold three hearings on artificial intelligence, including one with Microsoft (MSFT.O) President Brad Smith and Nvidia (NVDA.O) chief scientist William Daly as Congress works on legislation to mitigate the dangers of the emerging technology. A Senate Judiciary subcommittee is holding a hearing on Tuesday titled “Oversight of AI: Legislating on Artificial Intelligence." A House Oversight subcommittee will hold a hearing on Thursday that will look at potential risks in federal agency adoption of AI along with the adequacy of safeguards to protect individual privacy and ensure fair treatment. Witnesses include White House Office of Science and Technology Policy Director Arati Prabhaker along with the Pentagon's chief digital and artificial intelligence officer Craig Martell and Homeland Security Department's Chief Information Officer Eric Hysen. "However, it is critical that before we let the genie out of the bottle we understand the unique risks of inappropriate use of AI by the federal government."

Persons: Brad Smith, William Daly, Richard Blumenthal, Blumenthal, Josh Hawley, Chuck Schumer, Mark Zuckerberg, Elon Musk, Arati Prabhaker, Craig Martell, Eric Hysen, Nancy Mace, Victoria Espinel, Rob Strayer, David Shepardson, Bill Berkrot Organizations: Microsoft, Nvidia, Artificial Intelligence, Republican, U.S, Meta, White, Office of Science, Technology, Homeland Security, BSA, The Software Alliance, Information Technology Industry, Thomson

☆ Who Wins When a Bank Fails? Wine Guy Frank Martell
▼ + stars: | 2023-08-26 | by ( Gina Heeb | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/who-wins-when-a-bank-fails-wine-guy-frank-martell-41d446c3

Persons: Dow Jones, martell

About a half-hour before a mid-August Brooklyn Cyclones game, a family of three, a reporter and a middle-aged man dressed in a Jedi robe walked into an elevator at Maimonides Park. As the door closed and they began their ascent, the Jedi turned to the others and asked, “So, what planet are you all from?”“Um, Brooklyn,” responded the matriarch of the family. The Jedi proceeded to hum “Mad About Me,” by the Mos Eisley Cantina house band, Figrin D’an and the Modal Nodes, as if to tell them he was from the planet Tatooine. Out beyond the right-field wall, in the area known as the Backyard, a few hundred others were pounding brews and playing cornhole, blissfully unaware that a baseball game — the event that their ticket said they had paid to see — was about to begin. The two main draws on this particular Saturday were Star Wars Night and the $50 all-you-can-drink deal.

Persons: ”, Mos Eisley, Figrin D’an, cornhole Organizations: Brooklyn Cyclones Locations: Um, Brooklyn

☆ The Rays Plan to Keep Calm and Carry On
▼ + stars: | 2023-08-02 | by ( Matt Martell | ) www.nytimes.com time to read: +1 min

The Tampa Bay Rays were the best team in Major League Baseball over the first three months of the season. With 16 losses in 24 games, it was their worst month since 2007, the year before they dropped the “Devil” from their moniker. During this monthlong about-face, they went from leading the American League East by 6.5 games to trailing the upstart Baltimore Orioles by a game and a half. The Rays understood they were never going to keep up the fast pace they carried through April, just as they recognized they would not continue to play as poorly as they did in July. The Rays had just withstood the nadir of their season, and they still had the third best record in the majors and held a four-game lead over the Houston Astros for the top spot in the A.L.

Organizations: Tampa Bay Rays, Major League Baseball, American League East, Baltimore Orioles, Yankee, Tampa Bay, Yankees, Rays, Houston Astros Locations: Tampa

☆ A Relationship That Transcends Analytics
▼ + stars: | 2023-07-30 | by ( Matt Martell | ) www.nytimes.com time to read: +1 min

The weeks leading up to Major League Baseball’s trading deadline are always tense. Every team has to evaluate where they are in the standings, what the organization’s long-term outlook is and how much could be changed by acquiring a few veterans. Along the way, players are left to ponder what moves their teams will make and whether they will soon be on the move. Not knowing which city they will be living in the following week can be overwhelming, even for professional ballplayers. Those challenges are universal, but they are heightened whenever a catcher is involved.

Organizations: Major League Baseball’s, Mets

SAN FRANCISCO, July 8 (Reuters) - Venture capital firm Headline used to be in one of San Francisco's most eye-catching skyscrapers: the pyramidal Transamerica building that has defined the skyline for decades. Venture capital firms are increasingly joining retailers and other businesses in finding homes outside downtown San Francisco. [1/5]People enjoy the afternoon in Presidio, a former military base-turned-national park in San Francisco California, U.S., July 7, 2023. They're actually really excited," said Eurie Kim, whose venture firm Forerunner left downtown for the Presidio in early 2022. "Mayor Breed continues to implement strategic initiatives to help stabilize existing businesses and recruit new ones as part of her Roadmap to Downtown San Francisco's Future plan.

Persons: Mathias Schilling, Schilling, Rex Salisbury, Carlos Barria, They're, Eurie Kim, CBRE, Lisa Petrie, Jon Rehagen, Molly Martell, San Francisco Mayor London Breed, Breed, Colin Yasukochi, Krystal Hu, Peter Henderson, Rosalba O'Brien Organizations: FRANCISCO, Venture, Employees, Presidio, Westfield, San, Felicis Ventures, Forerunner Ventures, Letterman, Cambrian Venture, San Francisco Bay Area, REUTERS, Presidio Trust, Lucasfilm, Walt Disney Family Museum, Catalyst, Brand, San Francisco Mayor London, Downtown San, CBRE's Tech, Thomson Locations: San Francisco, Presidio, San Francisco Bay, San Francisco's, There's, Sand, Silicon Valley, South, downtown San Francisco, San Francisco California, U.S, Marin, San Francisco ., South Park, Downtown

Source: NYSEThe majority of Wall Street investors believe stocks have entered a new bull market and the U.S. economy will skirt a recession in 2023, according to the new CNBC Delivering Alpha investor survey. Zoom In Icon Arrows pointing outwardsSixty-one percent of respondents believe the market has entered a new bull run, while 39% think this is a bear market rally. Technically speaking, some have already declared a brand new bull market after the S&P 500 met the most simplistic standard by closing up 20% from its October bear market low. However, many investors do not consider it the end of a bear market until the S&P 500 reaches a new high. The S&P 500 is about to end the first half with flying colors, up nearly 15% after four straight winning months in a row.

Persons: Carol Schleif, Jason Draho Organizations: NYSE, Wall, CNBC Delivering Alpha, CNBC, BMO Family Office, UBS Global Wealth Management Locations: U.S

Most Wall Street investors believe the best way to take advantage of the artificial intelligence boom is to buy Big Tech stocks, according to the new CNBC Delivering Alpha investor survey. Forty-seven percent of respondents said big-cap tech companies are the best way to invest in AI, while 37% believe there's too much hype around the space. The chipmaker has been at the center of an AI craze on Wall Street. Investors piled into the AI enabler after the company recently made a shockingly strong forecast of future demand. Alphabet's AI capabilities and ambition attracted buying from big investors recently, including Stanley Druckenmiller 's Duquesne Family Office, Dan Loeb's Third Point and Bill Ackman's Pershing Square Capital Management.

Persons: Buzzy chatbot ChatGPT, Stanley Druckenmiller, Dan Loeb's, Bill Ackman's Organizations: Big Tech, CNBC Delivering Alpha, CNBC, Nasdaq, Microsoft, Google, Duquesne Family Office, Bill Ackman's Pershing, Capital Management

☆ A Rare Matchup of Aces Adds ‘Extra Buzz’ to Subway Series
▼ + stars: | 2023-06-14 | by ( Matt Martell | ) www.nytimes.com time to read: +1 min

Nearly eight years ago, the Pittsburgh Pirates began a three-game series on the road against the Detroit Tigers with a 5-4 win in 14 innings. Yankees Manager Aaron Boone said he expects the matchup between veteran aces to add “a little extra buzz” to the crosstown rivalry. Cole and Verlander will always be linked for the two seasons they bullied major league batters while anchoring the Houston Astros’ starting rotation. In 2018 and 2019, the two years Cole spent with the Astros, Houston’s co-aces combined to go 72-25 with a 2.62 E.R.A. In 2019, they led the Astros to their second American League pennant in three seasons, though they lost the World Series to the Washington Nationals in seven games.

Persons: Gerrit Cole, Justin Verlander, Aaron Boone, Cole, Verlander, Houston’s, Cy Young Organizations: Pittsburgh Pirates, Detroit Tigers, Comerica, Yankees, Verlander’s Mets, Citi Field, Tuesday, Houston Astros, Astros, American League, Washington Nationals

☆ It’s All Fun and Games Until Someone Gets Hurt
▼ + stars: | 2023-06-11 | by ( Matt Martell | ) www.nytimes.com time to read: +1 min

In the movie “Moneyball,” Peter Brand, a baseball analyst played by Jonah Hill, has a mantra for the type of player his team covets. “He gets on base,” Brand says when his boss points at him. The movie, like the Michael Lewis book upon which it is based, is about the rise of sabermetrics in Major League Baseball. It is the story of a group of outsiders who take on the baseball establishment by following a core belief rooted in an expression you can hear at any Little League game: A walk is as good as a hit. The math of the strategy is easy enough to explain.

Persons: Peter Brand, Jonah Hill, ” Brand, Michael Lewis, Pete Alonso, Charlie Morton Organizations: Major League Baseball, Little League, Mets

☆ Anjula Acharia is charting her own path and breaking barriers. She's the investor, innovator and entrepreneur conquering Silicon Valley and Hollywood
▼ + stars: | 2023-05-30 | by ( Patricia Martell | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnjula Acharia is charting her own path and breaking barriers. She's the investor, innovator and entrepreneur conquering Silicon Valley and HollywoodSeema Mody and Patricia Martell get a master class in breaking barriers and empowerment. Anjula Acharia is an investor and entrepreneur charting her own path in Silicon Valley, Hollywood and beyond

Persons: Seema Mody, Patricia Martell Locations: Silicon Valley, Hollywood

☆ Amy Errett is the entrepreneur disrupting the $40 billion dollar hair color business - investors include Jay Z and Howard Schultz
▼ + stars: | 2023-05-30 | by ( Patricia Martell | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmy Errett is the entrepreneur disrupting the $40 billion dollar hair color business - investors include Jay Z and Howard SchultzAmy Errett is the founder of Madison Reed, the hair color start-up that is taking on the $40 billion dollar hair color industry. Investors in Madison Reed include Howard Schultz and Jay Z's Marcy Ventures.

Persons: Amy Errett, Jay Z, Howard Schultz Amy Errett, Madison Reed, Howard Schultz, Jay Z's Marcy Organizations: Investors, Jay Z's Marcy Ventures Locations: Madison

☆ Pedro Pascal says he got an eye infection from fans recreating his ‘Game of Thrones’ death scene
▼ + stars: | 2023-05-29 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —When it comes to weird fan interactions, Pedro Pascal wins. During roundtable with The Hollywood Reporter, Pascal had a chat with Jeff Bridges, Kieran Culkin, Damson Idris, Michael Imperioli, and Evan Peters. Talk turned to some interesting encounters with viewers of their shows. “And then I remember getting a bit of an eye infection.”Yikes! During the fourth season of the hit HBO series, Pascal’s character is killed by Gregor “The Mountain” Clegane (played by Hafþór Júlíus Björnsson), who gouges his eyes out before cracking his skull.

☆ Bats carry killer viruses. Scientists suggest ways to cope.
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +6 min

“I have to think on a landscape scale.”Research in Australia also is deepening scientists’ understanding of bats. Flying foxes travel long distances in search of food, dispensing seeds and pollinating trees along the way. As deforestation destroyed habitats and further disrupted the food supply, the bats have increasingly formed year-round roosts near people, they noticed. Native gums flowering around Gympie lured the flying foxes away from horse paddocks and more urban areas. In fact, the most dangerous areas for spillover aren’t rare, pristine habitats absent of humans, scientists say.

☆ How Reuters pinpointed bat-virus risk zones worldwide
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +12 min

Areas where conditions are similar are more prone to spillover, scientists say. The Reuters analysis, which assessed spillover risk through 2020, has proven to have some predictive power. Similar statistical models are used widely to analyze data in ecology, and researchers use them to understand spillover risk. More than one of every five people on the planet is living in areas where the risk is highest for spillover. Using epidemic modeling software called GLEAMviz, the news agency simulated a worldwide pandemic originating from the spillover of a theoretical novel virus.

☆ We may never know where the COVID pandemic originated
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +7 min

LONDONIt’s the enduring mystery of the COVID-19 pandemic: Where did the virus come from? They also mostly agree that many of the earliest known infections and deaths clustered around a wildlife market in Wuhan, China. Others suspect the pathogen somehow leaked from a Wuhan laboratory, 27 km from the market, where researchers study bat viruses. One concentration of jump zones includes a region of mountains and lakes about 175 km southeast of the Wuhan market. In late 2002, the SARS-CoV-1 virus emerged in Guangdong province, in southern China, and became the SARS pandemic of 2003.

☆ A Yankees Infielder Fixed His Approach. The Results Should Follow.
▼ + stars: | 2023-04-25 | by ( Matt Martell | ) www.nytimes.com time to read: +1 min

Gleyber Torres was the best player in the Yankees’ lineup over the first two weeks of the season. Through the Yankees’ first 12 games, he was leading the team in batting average (.357), on-base plus slugging percentage (1.179), walks (11) and stolen bases (5). Then the Yankees returned home on April 13, and Torres went into a 2-for-28 skid — a frustrating stretch for a player who has been streaky throughout his career. And as a hitter it’s hard to get caught up in a week’s worth of results. Some weeks you put it on the screws a handful of times and get nothing to show for it.”

☆ CNBC Special Pro Talks: How top women in finance are putting money to work
▼ + stars: | 2023-03-31 | by ( Samantha Subin | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Special Pro Talks: How top women in finance are putting money to workCNBC Pro is rounding out Women's History Month with three of the best female investors around. CNBC "Halftime Report" Supervising Producer, Patricia Martell, sits down with Requisite Capital Management's Bryn Talkington, Gilman Hill Asset Management's Jenny Harrington, and SoFi's Liz Young to discuss their impact on the industry, how they are investing in today's market, and to answer your questions.

The majority of Wall Street investors now favor stocks that pay big dividends for a relatively stable source of income, according to the new CNBC Delivering Alpha investor survey. We polled about 400 chief investment officers, equity strategists, portfolio managers and CNBC contributors who manage money about where they stood on the markets for the second quarter and forward. Asked which area to concentrate on to start the second quarter, 34% of respondents said high dividend stocks. Stocks with high dividend payouts can provide a reliable stream of income during times of uncertainty. Some of the most popular exchange-traded funds that focus on high dividend stocks include the Vanguard Dividend Appreciation ETF , the Vanguard High Dividend Yield ETF and the Schwab U.S. Dividend Equity ETF .

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 28, 2023. Brendan McDermid | ReutersWall Street investors believe the stock market is headed for losses after a positive first quarter, seeing cash as the best safe haven right now, according to the new CNBC Delivering Alpha investor survey. Zoom In Icon Arrows pointing outwardsThe Fed enacted a quarter percentage point interest rate increase last week, while signaling one more rate hike coming this year. Many investors believe the central bank should reverse course immediately as more rate hikes will exacerbate banking problems and cause a severe economic slowdown. With an overall bearish view on the market, 60% of the investors said cash is their safe haven right now.

☆ Pernod Ricard eyes more price hikes in second half, confident on China
▼ + stars: | 2023-02-16 | by ( Dominique Vidalon | ) www.reuters.com time to read: +2 min

The world's second largest spirits group after Diageo (DGE.L) reported forecast-beating first-half profit and sales, helped by price hikes of around 10%. During the COVID pandemic Pernod Ricard and its rivals benefited from people drinking more expensive types of alcohol at home. There have been, however, growing signs the spirits industry growth was stabilising, notably in the United States, as positive effects from the pandemic fizzle out. The strong first-half reflected a 5% rise in the United States, Pernod's top market, with growth driven by strong price hikes across its portfolio. In China, first-half sales grew 4%, reflecting a strong first quarter with solid demand for Martell cognac during the Mid-Autumn festival but a soft second quarter due to COVID-19 restrictions.

☆ Podcast listeners prefer video over audio alone, according to a new survey, giving YouTube a big edge. Here are more key takeaways.
▼ + stars: | 2023-01-12 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

A survey by Morning Consult found that listeners now prefer podcasts with video than those without. While platforms like YouTube and Spotify have offered audio podcasts for years, another format has been gaining steam recently: video. The poll, which surveyed 2,202 US adults in October, found that 46% of podcast listeners said they prefer consuming podcasts with video. As a result, podcast hosts might be more inclined in the future to invite star studded personalities onto their shows to improve ratings. Live events allow podcast hosts to record episodes in front of in-person audiences and connect with fans after the recording ends.

☆ Invest like a woman - the non-profit that wants to bridge the gender gap on Wall Street
▼ + stars: | 2023-01-11 | by ( Patricia Martell | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvest like a woman - the non-profit that wants to bridge the gender gap on Wall StreetKatherine Jollon Colsher is the CEO of Girls Who Invest, a non-profit dedicated to increasing the number of women in portfolio management and executive leadership in the investment management industry

Once high-flying mega-cap technology stocks tumbled in 2022, but some investors are willing to bet on Amazon and Alphabet in 2023, a new Delivering Alpha investor survey suggests. Betting on energy Energy stocks rallied in 2022 as the world grappled with supply constraints fueled by the conflict in Ukraine, but some investors aren't giving up on it just yet. When asked which areas they plan to focus on at the beginning of 2023, 41% of respondents highlighted energy stocks. Fundstrat's Tom Lee told CNBC last month that energy stocks can more than double next year even if the market stays flat . As uncertainty lingers, survey respondents also said they plan to look beyond the U.S. in 2023 toward opportunities in emerging markets.

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