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☆ Amazon’s new cloud boss inherits a business under pressure to keep pace in AI
▼ + stars: | 2024-05-23 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

"It's very early days in generative AI," said Jassy, who succeeded Jeff Bezos as CEO in 2021. Davidson, told CNBC that Amazon was "caught flat-footed" by the generative AI boom. During a Q&A session on Wednesday, Jassy was asked twice about the status of Amazon's generative AI efforts. He said the company is "seeing a lot of momentum" in generative AI within AWS to where it's now a multibillion-dollar business based on annualized revenue. Amazon has previously said it intends to use generative AI to make Alexa more conversational.

Persons: Noah Berger, Andy Jassy, OpenAI's ChatGPT, Adam Selipsky, Jassy, Jeff Bezos, Matt Garman, Gil Luria, Davidson, Luria, Bezos, Selipsky, Casey McGee, McGee, Anthropic, Dario Amodei, OpenAI, it's, Garman, Amazon, wasn't, Dilip Kumar, Kumar, Swami Sivasubramanian, Jamie Meyers, Meyers, Matt, Jordan Novet, Kate Rooney Organizations: Web Services, Getty, Amazon, Microsoft, Google, D.A, CNBC, Amazon Web, Alexa, AWS, Nvidia, ChatGPT, Accenture, Toyota, Nasdaq, Investments Locations: Las Vegas, Vegas, Bezos, Anthropic

☆ At Chaotic Rally in Brooklyn, Police Violently Confront Protesters
▼ + stars: | 2024-05-19 | by ( Christopher Maag | ) www.nytimes.com time to read: 1 min

A large protest in Brooklyn against Israel’s military offensive in Gaza erupted into a chaotic scene on Saturday, as the police arrested dozens of pro-Palestinian demonstrators and at times confronted them violently. In videos posted on social media, officers can be seen punching at least three people who were prone on the ground at the demonstration in the Bay Ridge neighborhood. Another protester who was filming the police was tackled and arrested.A police spokesman declined to comment on the officers using force on protesters. At least 34 people were arrested, according to a senior law enforcement official who spoke on condition of anonymity to discuss a developing situation. The police had not released details on the charges the protesters face as of early Sunday.

Locations: Brooklyn, Gaza

☆ F.D.A. Approves Drug for Persistently Deadly Form of Lung Cancer
▼ + stars: | 2024-05-16 | by ( Gina Kolata | ) www.nytimes.com time to read: +1 min

The Food and Drug Administration on Thursday approved an innovative new treatment for patients with a form of lung cancer. It is to be used only by patients who have exhausted all other options to treat small cell lung cancer, and have a life expectancy of four to five months. The drug tarlatamab, or Imdelltra, made by the company Amgen, tripled patients’ life expectancy, giving them a median survival of 14 months after they took the drug. After decades with no real advances in treatments for small cell lung cancer, tarlatamab offers the first real hope, said Dr. Anish Thomas, a lung cancer specialist at the federal National Cancer Institute who was not involved in the trial. Dr. Timothy Burns, a lung cancer specialist at the University of Pittsburgh, said that the drug “will be practice-changing.”

Persons: tarlatamab, Anish Thomas, “, Timothy Burns, ” Organizations: Drug Administration, National Cancer Institute, University of Pittsburgh

☆ Become an effective communicator: A CNBC Make It course
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: 1 min

CNBC Make It is launching a new digital course, which will teach you how to communicate effectively. In this course, you'll learn how to speak clearly and confidently, calm your nerves and deliver your message to achieve your goals. The full course will be live starting May 22, 2024. Preregister today and save 30% with a limited-time introductory offer. The course is hosted by CNBC Make It success reporter Ashton Jackson and features speech consultant and author John Bowe, CEO and cofounder of Quantified.ai Noah Zandan, and licensed psychotherapist Chamin Ajjan as instructors.

Persons: Ashton Jackson, John Bowe, Noah Zandan, Chamin Ajjan Organizations: CNBC Locations: Preregister

☆ Here are Wednesday's biggest analyst calls: Nvidia, Netflix, Dell, GM, SunPower, Alphabet, Nio, Tesla, Exxon & more
▼ + stars: | 2024-05-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Wednesday: UBS reiterates Nvidia as buy UBS said it's standing by its buy rating heading into Nvidia earnings next week. Wells Fargo names Natera a top pick Wells said the fertilizer company is a new top pick at the firm. Morgan Stanley resumes Exxon as overweight Morgan Stanley resumed coverage of the stock and says it has "attractive growth at a compelling valuation." Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said it's bullish on shares of Palo Alto heading into earnings next week. Morgan Stanley names Dell a top pick Morga Stanley raised its price target on the stock and says it remains a best idea.

Persons: it's, Cantor Fitzgerald, Tesla, Canto, Tesla's, Wells, CTVA, KeyBanc, TD Cowen, Janus Henderson, Morgan Stanley, Palo, Bernstein, Mills, Campbell, underperform Bernstein, Wolfe, SunPower, Dell, Morga Stanley, Stephens, Truist, Oppenheimer, Will, DA Davidson Organizations: UBS, Nvidia, " Bank of America, Bank of America, Alphabet's, Google, JPMorgan, China, Deutsche Bank downgrades, Deutsche, Fair, Six, Sciences, NTR, Netflix, Energy, Palo Alto, Palo, Food, Tech, Barclays, General Motors, Holdings, ALC, Apple, Apple's Worldwide Developer's Conference, Will Apple, Walmart, D.A Locations: OW, Palo Alto, U.S

☆ The ultimate guide to becoming a master communicator and public speaker
▼ + stars: | 2024-05-15 | by ( Cnbc Make It Staff | ) www.cnbc.com time to read: +2 min

Our new online course Become an Effective Communicator: Master Public Speaking is available for preregistration starting May 15 as part of the Smarter by CNBC Make It online learning series. , speech consultant and author of "I Have Something to Say: Mastering the Art of Public Speaking in an Age of Disconnection." Noah Zandan , CEO and cofounder of Quantified.ai, which has analyzed more than 250,000 videos to determine how to use tone, authenticity and body language to become a better communicator. , CEO and cofounder of Quantified.ai, which has analyzed more than 250,000 videos to determine how to use tone, authenticity and body language to become a better communicator. DON'T MISS: The ultimate guide to earning passive income online

Persons: You'll, Ashton Jackson, John Bowe, Noah Zandan, Chamin Organizations: preregistration, CNBC

☆ Trump trial: Ex-fixer Michael Cohen to testify as star witness in hush money case
▼ + stars: | 2024-05-13 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Michael Cohen, former attorney for Donald Trump, arrives to the New York Courthouse on March 13, 2023. Michael Cohen, who spent years working as the personal lawyer and fixer for Donald Trump, is set to testify Monday against the former president in what could be the most critical moment of Trump's New York criminal hush money trial. Once slavishly devoted to Trump, Cohen is now his avowed enemy. The Trump Organization reported the Daniels-related reimbursements to Cohen as legal expenses. Alvin Bragg alleges that this constituted a crime, falsification of business records, committed by Trump to hide the fact that the hush money had protected his then-wobbling presidential candidate at a key moment.

Persons: Michael Cohen, Donald Trump, Trump's, slavishly, Trump, Cohen, Daniels, Alvin Bragg, Joe Biden Organizations: New, Manhattan District, Trump Organization, Democratic Locations: York

While he pulled back his price target to $26 from $32, the new target still indicates shares surging 126% from Wednesday's close. Fox's fiscal third quarter results came above Rief Ehrlich's expectations, which she noted were encouraging "amid a difficult linear advertising environment." — Fred Imbert 5:50 a.m.: Wall Street on the sidelines for Airbnb Airbnb's weaker-than-expected forward guidance has analysts worried about the company's growth outlook. Post pulled back his price target by $8 to $160, just 1.3% above where shares closed on Wednesday. Meanwhile, analyst Eric Sheridan moved his price target slightly higher to $130 from $123, suggesting around 18% downside.

Persons: Raymond James ., Jefferies, Dushyant Ailani, Ailani, — Hakyung Kim, Jessica Reif Ehrlich, … Fox, Davidson downgrades, Davidson, Tom White, Tripadvisor, we'd, White, Hakyung Kim, Raymond James Cheesecake Factory, Raymond James, Brian Vaccaro, Vaccaro, Andrew Boone, Shopify, Boone, Fred Imbert, Airbnb, LSEG, Morgan Stanley, Brian Nowak, Nowak, Bank of America's Justin Post, Post, Goldman Sachs, Eric Sheridan Organizations: CNBC, JPM Securities, Cheesecake, Bank of America, Fox, Media, of America, …, Factory, Cheesecake Factory, JMP Securities, Bank of America's Locations: Wednesday's, 2H24

The Major Supreme Court Cases of 2024No Supreme Court term in recent memory has featured so many cases with the potential to transform American society. In 2015, the Supreme Court limited the sweep of the statute at issue in the case, the Sarbanes-Oxley Act of 2002. In 2023, the Supreme Court temporarily blocked efforts to severely curb access to the pill, mifepristone, as an appeal moved forward. A series of Supreme Court decisions say that making race the predominant factor in drawing voting districts violates the Constitution. The difference matters because the Supreme Court has said that only racial gerrymandering may be challenged in federal court under the Constitution.

Persons: Donald J, Trump, Anderson, Sotomayor Jackson Kagan, Roberts Kavanaugh Barrett Gorsuch Alito Thomas, Salmon, “, ”, Mr, Nixon, Richard M, privilege.But, Fitzgerald, Vance, John G, Roberts, Fischer, Ruth Bader Ginsburg, Clarence Thomas, Samuel A, Alito Jr, Alito, ’, Moyle, Wade, Roe, Johnson, Robinson, Moody, Paxton, Robins, Media Murthy, Sullivan, Murthy, Biden, Harrington, Sackler, Alexander, Jan, Raimondo, ” Paul D, Clement, Dodd, Frank, Homer, Cargill Organizations: Harvard, Stanford, University of Texas, Trump, Liberal, Sotomayor Jackson Kagan Conservative, Colorado, Former, Trump v . United, United, Sarbanes, Oxley, U.S, Capitol, Drug Administration, Alliance, Hippocratic, Jackson, Health, Supreme, Labor, New York, Homeless, Miami Herald, Media, Biden, National Rifle Association, Rifle Association of America, New York State, Purdue Pharma, . South Carolina State Conference of, Federal, Loper Bright Enterprises, . Department of Commerce, Chevron, Natural Resources Defense, ”, SCOTUSPoll, Consumer Financial, Community Financial Services Association of America, Securities, Exchange Commission, Exchange, Occupational Safety, Commission, Lucia v . Securities, Federal Trade Commission, Internal Revenue Service, Environmental Protection Agency, Social Security Administration, National Labor Relations Board, Air Pollution Ohio, Environmental, Guns Garland, Alcohol, Tobacco, Firearms, Explosives, National Firearms, Gun Control Locations: Colorado, Trump v . United States, United States, Nixon, Florida, Gulf of Mexico, Dobbs v, Idaho, Roe, Texas, States, New, New York, Grants, Oregon, . California, Martin v, Boise, Boise , Idaho, Missouri, Parkland, Fla, Murthy v . Missouri, . Missouri, ., South Carolina, Alabama, SCOTUSPoll, Lucia v, Western

☆ Georgia appeals court will hear Trump bid to disqualify D.A. Fani Willis in election case
▼ + stars: | 2024-05-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Fani Willis, the district attorney of Fulton County, Georgia, photographed on Sept. 20, 2022, and former President Donald Trump, photographed on Aug. 8, 2023. A Georgia appeals court Wednesday agreed to hear a bid by Donald Trump to disqualify Fulton County District Attorney Fani Willis from the former president's criminal election interference case. Trump still faces 10 criminal counts in Willis' case. That order grants Trump's application to appeal McAfee's disqualification ruling while Willis' case is ongoing. The appeals court gave Trump 10 days to file the notice of appeal.

Persons: Fani Willis, Donald Trump, Scott McAfee, Willis, Trump, Joe Biden, Steve Sadow, Fulton County DA Willis, Nathan Wade, Wade, McAfee Organizations: Fulton, Trump, Fulton County, Georgia, McAfee, Trump —, NBC Locations: Fulton County , Georgia, Georgia, Fulton County, Georgia's

☆ Donald Trump says he wasn't sleeping in court but simply closing his 'beautiful blue eyes' so that he could 'listen intensely'
▼ + stars: | 2024-05-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewFormer President Donald Trump says he didn't fall asleep during his hush-money trial. Trump has been regularly appearing in a Manhattan court since the trial kicked off on April 15. "I simply close my beautiful blue eyes, sometimes, listen intensely, and take it ALL in!!!" Related storiesHaberman, however, did acknowledge that there were times where Trump really was just closing his eyes. Besides the case in Manhattan, Trump has been charged in three other criminal cases, including a state criminal case in Georgia over accusations that he attempted to overturn the 2020 election results.

Persons: —, Donald Trump, Trump, Stormy Daniels, Hunt, Maggie Haberman, CNN's Kaitlan Collins, Haberman, It's, UBLPJEbA0y, Jon Stewart Organizations: Service, New York Times, CNN, Washington Post, Business, Times, Independent, Trump Locations: Manhattan, Georgia, Lago

Without saying so specifically, the upshot from Trump’s attorney was that the Trump deals followed a pattern that bordered on extortion. The upshot from Trump’s attorney was that the Trump deals followed a pattern that bordered on extortion. After the lunch break, Trump attorney Susan Necheles said Trump’s legal team feels the gag order is ambiguous about whether Trump can repost article written by lawyers analyzing the trial. During Tuesday’s session, Davidson testified that he ended up getting involved with the Daniels deal because Cohen was being so difficult. “The moral of the story was: No one wanted to talk to Cohen,” Davidson said.

Persons: Donald Trump’s, Stormy Daniels, ” Trump, Emil Bove, Keith Davidson, – Hulk Hogan, Lindsay Lohan, Charlie Sheen, Tila Tequila –, Davidson, Michael Cohen, Daniels, Judge Juan Merchan, Trump, Karen McDougal, Bove, Cohen, McDougal, ” Davidson, Hulk Hogan, “, ”, Hogan, ” Bove, Joshua Steinglass, ” Merchan, Merchan, Chris Conroy, David Pecker, “ He’s, ” Conroy, Conroy, Trump “, Todd Blanche, Blanche, Susan Necheles, “ I’m, Trump’s, ’, ’ ” Cohen, Daniels “, they’d, ” Prosecutors, Daniels ’, Witnesses, Michael Cohen Davidson, Cohen –, –, ‘, I’m, I’ve, ’ ” Davidson, Cohen’s, Pecker, he’s, Hunt Organizations: CNN, Trump, AMI, Bove, Democratic, ” Locations: Washington

☆ Amazon, Microsoft, and Alphabet are doubling down on AI for the cloud — and it seems to be paying off
▼ + stars: | 2024-05-01 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Over the last two weeks, major cloud providers Amazon, Microsoft, and Alphabet have reported quarterly earnings that exceeded Wall Street's expectations. Amazon, Microsoft, and Alphabet's shares also climbed after earnings were reported, evidence that doubling down on their AI strategies seems to be paying off. Davidson Companies analyst Gil Luria told Business Insider regarding Amazon, Microsoft, and Alphabet. Microsoft Cloud generated $35.1 billion in revenue — up 23% year-over-year — that CEO Satya Nadella credits partly to investments into AI tools like Microsoft Copilot. Amazon, Microsoft, and Alphabet didn't immediately return a request for comment from Business Insider before publication.

Persons: —, D.A, Gil Luria, Claude, Andy Jassy, Satya Nadella, Nadella, Ruth Porat, OpenAI's ChatGPT, Luria, doesn't, Jassy, Sundar Pichai Organizations: Service, Microsoft, Business, Davidson Companies, Amazon, Web Services, Google Cloud, Google, Gemini, Research, Capital Locations: Indonesia

The same bacteria that commonly cause food-borne illnesses, like salmonella, E. coli and listeria, can fester in raw milk. Between 1998 and 2018, researchers linked over 200 outbreaks, which sickened 2,645 people and led to 228 hospitalizations, to raw milk. Can you catch bird flu from raw milk? Researchers and health officials are not sure whether bird flu can spread from raw milk to humans. “There’s not a tremendous amount of studies showing the infectivity related to this virus and raw milk products,” Dr. Prater said.

Persons: I’m, ”, Dean Blumberg, isn’t, Darin Detwiler, Rosemary Sifford, “ There’s, Dr, Prater Organizations: UC Davis Health, Food and Drug Administration, College of Professional Studies, Northeastern University, Department of Agriculture

☆ Walnuts Recalled From Natural Food Stores After E. Coli Outbreak
▼ + stars: | 2024-05-01 | by ( Johnny Diaz | More About Johnny Diaz | ) www.nytimes.com time to read: +1 min

A California company is recalling organic walnuts that were sold at natural food stores and coop retailers in 19 states because of an E. coli outbreak that has sickened 12 people and hospitalized seven, federal officials said. The recall came after the Centers for Disease Control and Prevention notified the company of 12 recorded illnesses that were linked to the walnuts. They were distributed at more than 300 food retailers, including Whole Foods Market, New Seasons Market and Rosauers Supermarkets, the F.D.A. An investigation is underway to determine the potential source of the contamination, the F.D.A. The company did not immediately respond to inquiries on Wednesday.

Persons: Gibson Organizations: and Drug Administration, Centers for Disease Control, Foods, Rosauers Locations: California, Hollister , Calif

☆ AWS is now catching up with AI and 'in a position to lead', says D.A. Davidson's Gil Luria
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAWS is now catching up with AI and 'in a position to lead', says D.A. Davidson's Gil LuriaGil Luria, D.A. Davidson senior analyst, and Tom Forte, Maxim Group managing director, join 'Closing Bell Overtime' to talk Amazon quarterly results.

Persons: Davidson's Gil Luria Gil Luria, D.A, Davidson, Tom Forte Organizations: AWS, Maxim Group

☆ A D.A. Was Caught Speeding. Her Outburst Earned Her More Than a Ticket.
▼ + stars: | 2024-04-29 | by ( Claire Fahy | ) www.nytimes.com time to read: +1 min

being driven 20 miles per hour over the speed limit on Phillips Road. Officer Crisafulli put on his lights and sirens, signaling to the driver to pull over. I was going 55 coming home from work,” Ms. Doorley said angrily, getting out of the car as Officer Crisafulli approached her garage. He reminded her that the speed limit on Phillips Road was 35 m.p.h. In the footage, Ms. Doorley can be heard using expletives, calling the officer vulgar names and repeatedly escalating the situation.

Persons: Cameron Crisafulli, Crisafulli, Sandra Doorley, “, ” Ms, Doorley, ” Organizations: Police, Webster Police Department Locations: Webster, N.Y, Rochester, Monroe County

☆ Shopify embraced a 'new shape' after a post-pandemic slump and has charted an 18-month comeback
▼ + stars: | 2024-04-29 | by ( Madeline Stone | ) www.businessinsider.com time to read: +8 min

Read previewIn October 2022, Shopify's once high-flying stock hit its lowest price since before the Covid pandemic. AdvertisementNow, after two rounds of layoffs and a divestment of its fulfillment and logistics business, the picture looks a bit different for Shopify. Shedding a "money-losing logistics business"Dropping logistics and fulfillment is a major part of Shopify's stock comeback story. In May 2023, Shopify announced it would be selling the logistics business entirely to Flexport. In May 2023, Shopify cut another 20% of its workforce as it sold its logistics business to Flexport.

Persons: —, Shopify's, Shopify, Oppenheimer, Ken Wong, Wong, D.A, Davidson, Gil Luria, Tobi Lütke, Lütke, Luria, Morgan Stanley, Jeff Hoffmeister, Bhavin Shah, GMV, We've, Shah Organizations: Service, Business, Systems, Investors, SEC, Deutsche Bank Locations: Salesforce, mstone@businessinsider.com

☆ Federal Officials Find No Live Bird Flu Virus in Initial Milk Tests
▼ + stars: | 2024-04-26 | by ( Noah Weiland | Benjamin Mueller | ) www.nytimes.com time to read: 1 min

Federal regulators on Friday said that they had not yet discovered live bird flu virus in the first batch of retail milk samples they tested, a reassuring indication that the milk on store shelves remains safe despite an outbreak of the virus among diary cows. In an online update, the Food and Drug Administration said an initial set of tests looking for live virus, not just genetic fragments, suggested that the pasteurization process was effectively neutralizing the pathogen. “These results reaffirm our assessment that the commercial milk supply is safe,” the F.D.A. wrote in the update, adding that the testing efforts were ongoing. Officials also tested infant and toddler formula, which incorporate powdered dairy, and did not find the virus, the agency wrote.

Organizations: Food and Drug Administration, Officials

☆ Here are Thursday's biggest analyst calls: Nvidia, Meta, Tesla, IBM, UPS, Five Below, Amazon, TJX Companies and more
▼ + stars: | 2024-04-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Evercore ISI reiterates Nvidia as outperform Evercore ISI said investors should use any weakness in the stock to buy the dip. HSBC upgrades UPS to buy from hold HSBC said UPS is "getting back to earnings growth" following the company's earnings report. Bank of America downgrades Deckers to neutral from buy Bank of America said it sees a better risk/reward elsewhere in the firm's coverage. Bank of America reiterates IBM as buy Bank of America said it is sticking with its buy rating following earnings on Wednesday. Deutsche Bank reiterates Tesla as hold Deutsche Bank raised its price target on the stock to $136 per share from $123.

Persons: Sherwin, Williams, Bernstein, Goldman Sachs, Wells, Wells Fargo, Morgan Stanley, Ford, Needham, D.A, Davidson, ServiceNow, Tesla Organizations: Motors, GM, Nvidia, ISI, AMD, JPMorgan, Monster Beverage, Beverage, AMC, HSBC, UPS, USPS, Companies, UBS, UDR, Amazon, AWS, Bank of America, Meta, Laboratories, Manhattan Associates, IBM, Deutsche Bank Locations: 2Q24, Dearborn, Manhattan

☆ F.D.A. Approves Antibiotic for Increasingly Hard-to-Treat Urinary Tract Infections
▼ + stars: | 2024-04-24 | by ( Andrew Jacobs | ) www.nytimes.com time to read: +1 min

The Food and Drug Administration on Wednesday approved the sale of an antibiotic for the treatment of urinary tract infections in women, giving U.S. health providers a powerful new tool to combat a common infection that is increasingly unresponsive to the existing suite of antimicrobial drugs. The drug will be marketed in the U.S. as Pivya and will be made available by prescription to women 18 and older. It is the first time in two decades that the F.D.A. has approved a new antibiotic for U.T.I.s, which annually affect 30 million Americans. is committed to fostering new antibiotic availability when they prove to be safe and effective.”

Persons: U.T.I.s, Dr, Peter Kim Organizations: Drug Administration, Drug, Research Locations: Europe, U.S

☆ Opinion | The Bragg Case Against Trump Is a Historic Mistake
▼ + stars: | 2024-04-23 | by ( Jed Handelsman Shugerman | ) www.nytimes.com time to read: +1 min

About a year ago, when Alvin Bragg, the Manhattan district attorney, indicted former President Donald Trump, I was critical of the case and called it an embarrassment. To recap: Mr. Trump is accused in the case of falsifying business records. To elevate it to a criminal case, Mr. Bragg and his team have pointed to potential violations of federal election law and state tax fraud. They also cite state election law, but state statutory definitions of “public office” seem to limit those statutes to state and local races. I suggested that the real fraud was Mr. Trump’s filing an (allegedly) false report to the Federal Election Commission, and only federal prosecutors had jurisdiction over that filing.

Persons: Alvin Bragg, Donald Trump, ”, Trump, Bragg Organizations: Federal, Commission Locations: Manhattan

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Roblox, Tesla, Qualcomm, Disney & more
▼ + stars: | 2024-04-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates MongoDB as buy Loop sees growth accelerating for the developer data platform company. JPM reiterates General Motors and Ford as overweight JPMorgan said the stocks will benefit from "lower commodities & higher production outside China." JPMorgan upgrades Assai to overweight from neutral JPMorgan said it sees improving trends and better visibility for the Brazilian wholesaler. JPMorgan upgrades Roblox to overweight from neutral JPMorgan said it sees a "compelling entry point" for the stock. JPMorgan downgrades Five Below to neutral from overweight JPMorgan downgraded Five Below due to "ongoing macro pressure."

Persons: JPM, JPMorgan, KeyBanc, Wells, D.A, Davidson, Davidson's, Berenberg, Morgan Stanley, Harley, Evercore, it's bullish, it's, Tesla, Rosenblatt, Oppenheimer, Dwight, Key, Truist, Wolfe, Warner, Price Organizations: Motors, Ford, GM, Nvidia, MU, BMO, prem, NICE, JPMorgan, Barclays, Apple, Albertsons, Catalyst Watch, NOVA, Penn Entertainment, PENN, ESPN Bet, Benchmark, Qualcomm, Warner Brothers, Warner, HBO Locations: China, Texas, U.S

☆ Scientists Fault Federal Response to Bird Flu Outbreaks on Dairy Farms
▼ + stars: | 2024-04-19 | by ( Apoorva Mandavilli | Emily Anthes | ) www.nytimes.com time to read: +1 min

In the month since federal authorities announced an outbreak of bird flu on dairy farms, they have repeatedly reassured the public that the spate of infections does not impact the nation’s food or milk supply, and poses little risk to the public. Yet the outbreak among cows may be more serious than originally believed. Officials in North Carolina have detected bird flu infections in a cattle herd with no symptoms, The New York Times has learned — information the U.S.D.A. It has been reimbursing farmers for testing, but only for 20 cows per farm that were visibly ill. This week, the department said it would begin reimbursing farms for testing cows without symptoms.

Organizations: Department of Agriculture, New York Times Locations: North Carolina

☆ The man who led Google Photos to 1 billion users is now the newest group partner at Y Combinator
▼ + stars: | 2024-04-18 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Lieb, having a background in semiconductors and not server management, reached out to his fellow Y Combinator founders for support. After a year and a half of advising at the accelerator, he's stepping up as a group partner, Y Combinator tells Business Insider exclusively. It was never released, but many of the ideas would later come back in the form of Google Photos. From there, he reached into the Y Combinator alumni network to find other promising upstarts. David Lieb, second from left, speaks to a group of Y Combinator founders.

Persons: David Lieb, Lieb, Alex Polvi, Combinator —, Garry Tan, Jared Friedman, Harj Taggar, Michael Seibel, Sam Altman, it's, Y Combinator, " Lieb, Dan Lieb, Y, Xoogler, Patrick, John Collison's, Mixpanel, Jake Mintz, Forbes, Kevin Systrom, Flock, Andy Huibers, Mary, 72m2YgJZq8 — David Lieb, Ryan Peterson, He's Organizations: Apple, Business, Investors, Google Locations: Cloudkick, San Francisco, Silicon Valley, Flexport

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