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[1/2] A ‘No’ sign sits in front of the Tent Embassy near the Old Australian Parliament House as voters arrive during The Voice referendum, in Canberra, Australia, October 14, 2023. An Australian referendum requires a majority vote in at least four of its six states, as well as nationally. Ultimately, no state supported the "Voice" and the national vote was 40% "Yes" to 60% "No", according to preliminary counting. After the votes were counted, Dutton said his party supported Indigenous reconciliation but he made no mention of an alternative measure. Albanese, asked on Saturday why the vote had failed, said no referendum had succeeded without bipartisan support.
Persons: Tracey Nearmy, Anthony Albanese, Kos Samaras, Matt Qvortrup, Peter Dutton, Dutton, Timothy Graham, Graham, Cate Blanchett, Russell Crowe, Chris Hemsworth, Jason Mamoa, Shaquille O'Neal, Samaras, Donald Trump, Paul Smith, Smith, Albanese, Qvortrup, Byron Kaye, Praveen Menon, Edmund Klamann Organizations: Tent Embassy, Old Australian, House, REUTERS, Rights, Labor, Redbridge Group, Australian National University, Liberal Party, Queensland University of Technology, Qantas, NBA, Labor Party, U.S, European Union, Liberal, Thomson Locations: Tent, Canberra, Australia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email‘Dare we say Nvidia is now cheap' analyst delivers bull case with stock at all-time highsBen Reitzes, Melius Research Head of Technology Research, joins 'Fast Money' to talk the bull case for Nvidia and why he says the stock is still cheap.
Persons: Ben Reitzes Organizations: Nvidia, Technology Research
July 5 (Reuters) - ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm Similarweb. Worldwide desktop and mobile traffic to the ChatGPT website decreased by 9.7% in June from May, while unique visitors to ChatGPT’s website dropped 5.7%. The amount of time visitors spent on the website was also down 8.5%, Similarweb data shows. "I think there are growing pains when you go from zero to 100 million users that quickly. OpenAI also released the ChatGPT app on the iOS system in May, which could sap some traffic from its website.
Persons: chatbot, OpenAI, ChatGPT, Bing, Bard chatbot, Sarah Hindlian, Bowler, Sam Altman, Krystal Hu, David Gregorio Our Organizations: Microsoft, Technology Research, Macquarie, Thomson Locations: OpenAI, YipitData, New York
Solar panels accounted for nearly 5% of U.S. energy production last year, up almost 11-fold from 10 years ago and enough to power about 25 million households. Backers of perovskite-based solar cells say they can outperform silicon in at least two ways and accelerate efforts in the race to fight climate change. Perovskite cells are very thin — less than 1 micrometer — and can be painted or sprayed on surfaces, making them relatively cheap to produce. Backing next-generation climate technologyCompanies around the world are starting to commercialize perovskite panels. CubicPV, based in Massachusetts and Texas, has been developing tandem modules since 2019, and its backers include Bill Gates' Breakthrough Energy Ventures.
"We believe there's more earnings upside vs market expectations in FY24e and beyond," he said in a note to clients Tuesday. "Nvidia's incredible AI pricing power (is) not fully priced in," Lee said. He said the AI business should be able to more than offset weakening datacenter demand and Wall Street was "too focused" on the later before. But he raised his earnings expectations in the 2024 and 2025 fiscal years. "We acknowledge we underestimated the potential of Nvidia's AI business and speed of ramp-up post Microsoft 's ChatGPT launch," he said.
"We’re throwing in the towel on our previous Reduce and double upgrade Nvidia to Buy. Lee lifted his price target to $355 from $175. That compares to a median price target of $298.50. Nearly $11 billion worth of Nvidia stock had been exchanged as of midday on Tuesday, making it Wall Street's most traded stock for the session, according to Refinitiv. Nvidia on Feb. 22 forecast first-quarter revenue above Wall Street estimates, with CEO Jensen Huang telling analysts that use of its chips to power artificial intelligence services like chatbots had "gone through the roof."
The court also allowed testimony from an expert who said Meta owes Neural Magic as much as $766 million in royalties. Representatives for Meta and Neural Magic did not immediately respond to requests for comment on the decision. Meta asked the court to throw out the case last year, arguing Neural Magic had failed to identify any protectable trade secrets and that Zlateski had not acquired the information improperly. But the court on Monday allowed Neural Magic's case to continue for all but one of the 41 secrets it accused Meta of misappropriating. The case is Neural Magic Inc v. Meta Platforms Inc, U.S. District Court for the District of Massachusetts, No.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce honed in on optimizing sales and marketing spending, says Macquarie's Sarah Hindlian-BowlerSarah Hindlian-Bowler, head of technology research Americas for Macquarie Capital, joins 'Squawk Box' to discuss Salesforce's buyback activity, the expanding Salesforce board room, and opportunities for stock price appreciation.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoftware is 'one of the best houses on the block,' says Macquarie's Sarah Hindlian-BowlerSarah Hindlian-Bowler, Macquarie's head of technology research, joins 'TechCheck' to break down the tech sector and its cloudy outlook.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Macquarie's Sarah Hindlian-BowlerSarah Hindlian-Bowler, Macquarie's head of technology research joins 'TechCheck' to break down tech and its cloudy outlook.
The United States government is putting money behind private-sector nuclear fusion companies for the first time, and that's an indication of how momentum is building behind the "holy grail" of clean energy. At the Global Clean Energy Action Forum in Pittsburgh on Thursday, the Department of Energy officially announced $50 million will go towards private fusion companies in public-private partnerships. Nuclear fusion is when two heavier atoms slam together to form a heavier atom, and is the way stars are powered. But it will help bolster U.S fusion companies and give them credibility. The private sector fusion industry has attracted almost $5 billion in venture and other funding according to the Fusion Industry Association.
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