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Elon Musk posted a video of the Tesla robot Optimus appearing to fold a shirt. AdvertisementElon Musk admitted that a video showing Tesla's Optimus robot folding a shirt is "not yet" possible, leaving online observers to wonder how the video was created at all. In a short video posted Monday to X, formerly known as Twitter, the Tesla robot stands at a table, slowly folding a black shirt, seemingly without assistance. Musk simply said of the video, "Optimus folds a shirt." Musk has shared videos of Tesla's Optimus robot in the past performing tasks like yoga stretches, squats and picking up an egg.
Persons: Elon Musk, Musk, , 3F5o3jVLq1 — Elon, Marques Brownlee, Brownlee, Tesla, Gromit, Lex Friedman Organizations: Service, Twitter, Tesla, Wallace
AI Has a Trust Problem. Can Blockchain Help?
  + stars: | 2024-01-13 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +1 min
Blockchain is best known as the ledger of cryptocurrencies. Some tech vendors say the technology could track in granular detail the data that artificial intelligence is trained on, and could be useful when AI churns out dubious results. Photo: Omar Marques/Zuma PressThe difficulty of ensuring artificial intelligence algorithms are safe, unbiased and accurate is turning some companies to a technology once hyped as transformative, but that has failed to catch on in business: blockchain. Known for underpinning bitcoin and other cryptocurrencies, blockchain is a data structure that makes it possible to create a digital ledger of transactions and share it among a network of computers. Once a transaction is made, the blockchain remains an immutable record of it.
Persons: Blockchain, Omar Marques Organizations: Zuma
Though approval of multiple spot bitcoin ETFs translates to increased fee competition and a way out for current GBTC investors, many traders would take a capital gains tax hit if they exited their GBTC position to purchase another ETF. watch nowWhether the appetite for spot bitcoin ETFs is overblown is another key concern among investors. "Gold ETFs are currently 1.4% of above ground (investible) gold," the JPMorgan analysts wrote. "We believe that the cryptocurrency markets are pricing in an optimistic impact from Bitcoin ETFs that is likely to fall short of expectations." WATCH: SEC approves 11 bitcoin spot ETFs
Persons: Omar Marques, Emilie Choi, GBTC, Bryan Armour, Bernstein, CNBC's Jordan Smith Organizations: Lightrocket, Getty, U.S . Securities, Exchange Commission, BlackRock, Fidelity, North America, Morningstar, Research, JPMorgan, Mizuho, SEC Locations: U.S
POLAND - 2023/08/01: In this photo illustration, a Coinbase logo displayed on a smartphone with stock server lights in the background. France's AMF watchdog gave Coinbase a virtual asset service provider (VASP) approval, which is effectively a green light for the company to operate digital currency services in France. The VASP registration will allow Coinbase to offer custody of digital assets, buying or selling digital assets in legal tender, trading of digital assets against other digital assets, and operating a digital asset trading platform, the company said in a statement Thursday. The European Union has been working to introduce its Markets in Crypto Assets (MiCA) regulation, which would create a harmonized framework for crypto companies to operate in a regulated way in the bloc. Under MiCA, rather than having to secure registration in every EU market, crypto companies will eventually be able to use their VASP license in one country and "passport" into other countries to offer their services across the EU.
Persons: Omar Marques, Coinbase Organizations: Getty, France's AMF, European, Crypto Locations: POLAND, France, Europe, European Union
Club holding Amazon (AMZN) is a stock to own going into 2024, with the ecommerce giant poised for further profitability, according to Bernstein Research — a view we enthusiastically share. Bernstein on Tuesday named Amazon its "best idea" in the internet space for 2024, citing acceleration in its cloud business, cost discipline, digital advertising growth, and its continued leadership in ecommerce. The firm has an outperform rating on Amazon stock, with a price target of $175 a share. Amazon stock closed up 1.4% on Tuesday, to settle at $146.88 a share. AMZN YTD mountain Amazon stock performance year-to-date.
Persons: Bernstein, Jim Cramer, Jim, he's, Amazon's, Jim Cramer's, Omar Marques Organizations: Bernstein Research, CNBC, Lightrocket, Getty Locations: ecommerce
CNN —There was some serious star power in Green Bay on Sunday afternoon. Twelve-time Grammy award-winning artist Taylor Swift was in attendance for the Kansas City Chiefs’ 27-19 road defeat against the Green Bay Packers. It was her first appearance at a Chiefs game since October 7, when the reigning Super Bowl champions took down the Los Angeles Chargers, 31-17. Lambeau featured another celebrity power couple in the stadium on Sunday: seven time Olympic gold medalist Simone Biles was in attendance to support her husband, Green Bay safety Jonathan Owens. A Sunday night upsetLove was certainly in the air in every sense in Green Bay on Sunday.
Persons: Taylor Swift, Travis Kelce, Swift, Brittany Mahomes –, Patrick Mahomes –, Kelce, Lambeau, Simone Biles, Jonathan Owens, Owens, Stacy Revere, Biles, Love, Jordan Love, Aaron Rodgers, Mahomes, Jeffrey Phelps, Carrington Valentine, Marques Valdes, Scantling . Valdes, Scantling, Mary Organizations: CNN, Kansas City Chiefs, Green Bay Packers, Kansas City, Lambeau, Chiefs, Super, Los Angeles Chargers, Packers, Getty, NFL, Detroit Lions, AP, Green Bay, New York Giants, Buffalo Bills Locations: Green Bay, Buenos Aires, Argentina, Bay, Green, Kansas City
Tesla's Cybertruck doesn't have door handles but a button along its window column. Musk first teased that the Cybertruck didn't have door handles over two years ago. Earlier prototypes of the Cybertruck appeared to have a door handle along the side of the car that would pop out similar to the Model S door handles. But Musk announced in 2021 that the vehicle wouldn't have door handles. Tesla owners have complained about the company's high-tech door handles in the past.
Persons: Tesla's, Marques Brownlee, , Tesla, Elon, Musk, Brownlee Organizations: Service Locations: California
The Cybertruck will start at $60,990, tens of thousands more than what Tesla promised in 2019. It was the opposite, horrible launch event, disappointing range, almost abusive pricing considering what was promised," wrote one Tesla fan on Reddit . "For me, this potential purchase was always always about two things, setting aside the design: range & price. The company is offering a "range extender" which it says will bring the Cybertruck closer to its promised range. Prominent tech YouTuber Marques Brownlee also criticized the discrepancy between what Tesla promised in 2019 and what it is offering now.
Persons: Elon Musk, Austin Gigafactory, Tesla, , Austin gigafactory, Musk, Cybertruck subreddit, Elon, I've, it's, YouTuber Marques Brownlee Organizations: Service, Business
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Brownlee also said he appreciated the high level of visibility in the truck, which has a massive windshield. "It feels way more nimble in parking lots and it feels like it shrinks the wheelbase, the whole dimensions of the truck," Brownlee said. The Cybertruck doesn't have any door handles — a feature that some new Cybertruck owners appeared to struggle with during the delivery event. Brownlee expressed some concerns about the lack of door handles on the Cybertruck.
Persons: YouTuber Marques Brownlee, he's, Tesla, , Brownlee, I'm, Marques Brownlee, Elon Musk Organizations: Service, YouTube Locations: California
Marques Brownlee said Tesla is "straight up not delivering" on its promised specs. Tesla delivered around a dozen Cybertrucks on Thursday. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "Tesla Cybertruck is notably the first time that Tesla is straight up not delivering on some of the key specs they promised," Brownlee wrote on X, formerly known as Twitter. The top tier version of the Cybertruck can also go from 0 to 60 miles per hour in 2.6 seconds.
Persons: Marques Brownlee, Tesla, , Tesla's, Marques Brownlee —, Brownlee, Elon Musk, Musk, — Marques Brownlee, Cybertruck Organizations: Service, Twitter, YouTube
The Nothing Phone 2 will soon give Android users the option to communicate with Apple's iMessage. It works by asking you to log into your iCloud account through a Mac mini server farm, drawing security concerns. If messaging services are dividing phone users, then we want to break those barriers down. AdvertisementWhile a simple switch from green to blue bubbles might sound trivial, there really is an existing communication barrier for some Android users, especially when most of the people they talk to have iPhones. Business Insider previously spoke to Android users in their 20s who said they had received criticism and mean comments about their phone choice.
Persons: Apple's, They'll, , there's, we've, Marques Brownlee, Brownlee, they're, it's, Zers —, Piper Sandler Organizations: Service, EU, Google, Apple, Android, Business, Union's Locations: London, Canada, Europe
Starting in-person Tuesday in Seattle and livestreamed from Wednesday, Microsoft's "Ignite" event consists of three days of product announcements and various keynotes from technology executives. At the Club, we'll be looking for initial evidence of a return on investment (ROI) for Microsoft's AI products — particularly the company's recently launched AI assistant, 365 Copilot . MSFT YTD mountain Microsoft (MSFT) year-to-date performance Piper Sandler reiterated the Club's take that evidence of early adoption around Copilot, along with ROI, could be bullish for Microsoft. Bottom line Microsoft stock, up more than 54% year-to-date, has surged in 2023 on the generative AI boom. If the Ignite conference provides further evidence that Microsoft's large bet on AI is paying off, it would likely be positive for the stock.
Persons: we'll, Piper Sandler, Wells Fargo, Wells, they'll, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Microsoft, Sunday, Ignite, Bloomberg, Devices, CNBC, Getty Locations: Seattle, livestreamed, Copilot, OpenAI
casey newtonAnd this caused a big sort of emotional reaction that said, wow, that feels like really, really icky. It’s just really, really awful. How do I get really, really good at this? But we have that explosion at the beginning, which is really, really exciting. I’m still interested in smartphones because I think they’re really, really advanced pieces of tech.
Persons: kevin roose, Kevin Roose, ” casey newton, Casey Newton, ” kevin roose, casey newton Oh, casey newton, ” kevin roose You’re, kevin roose That’s, kevin roose I’m Kevin Russo, Marques Brownlee, a.k.a, We’ve, don’t, casey newton Well, Meta, It’s, casey newton Right, casey newton It’s, kevin roose Totally, I’ve, you’re, Instagram, Snapchat, TikTok, They’re, that’s, kevin roose Casey, Hansel, Gretel, let’s, they’re, casey newton Jewel, , Juul, Meta didn’t, we’ve, “ We’re, There’s, Al Capone, They’ve, , Kevin, casey newton I’ve, casey newton That’s, Marquez Brownlee, Casey, He’s, Marquez, he’s, Elon Musk, Sundar Pichai, you’ll, marquez brownlee, casey newton I’m, You’ve, casey newton Let’s, you’ve, it’s, I’m, he’ll, kevin roose Marquez, PewDiePie, marquez brownlee I’ll, they’ve, Ralph, That’s, kevin roose It’s, you’d, we’re, I’d, casey newton Libraries ! marquez brownlee, everyone’s, Samantha, Davis, Fancy, Bard, DALL, Midjourney, ChatGPT, Bing, who’s, it’ll, OpenAI, Pope, kevin roose Pope, — casey newton, casey newton Ah, Mickey Mouse, Eli Lilly, barbecuing, bro, Fabio, Getty, Greg Rutkowski, kevin roose Really, Greg, there’s, Ben Zhao, casey newton We’re, Bob Ross Organizations: The New York Times, YouTube, Meta, pharma, AGs, Netflix, COPPA, Facebook, Congress, Digital Services, Federal Communications Commission, ABC, CBS, FCC, Samsung, casey newton Libraries, VR, Apple, ChatGPT, Enterprise, DALL, Disney, Twitter, Getty, “ MIT Tech, University of Chicago, Adobe Locations: California, Colorado, what’s, you’re, Europe, United States, China, earbuds
Operating income increased over 340% to $11.12 billion, significantly exceeding forecasts of $7.7 billion, according to FactSet, and above the high-end of management's guidance. As a result, the operating income estimate is a more telling metric on how Amazon fared relative to Wall Street's expectations — and make no mistake, it was strong. In the Companywide part of the table, the cost of sales line-item came in above expectations at $75 billion. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: Andy Jassy, Jassy, that's, it's, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Amazon, Services, Revenue, LSEG, Rivian Automotive, Management, North, CNBC, Lightrocket, Getty
Nadella touted Azure's AI leadership on the post-earnings conference call, calling its AI infrastructure the best for both training and inference, while noting it has deployed its AI services in more regions than any other cloud providers. Gaming was also a strong, with Xbox content and services revenue increasing 12% on a constant-currency basis. Rounding out the quarter, revenue at the productivity-and-business-processes unit increased about 13%, to $18.59 billion, beating estimates of $18.19 billion. Some key highlights include the 17%-constant-currency increase in Microsoft Office commercial revenue growth, which benefitted from a 10% increase in seat growth. Second quarter Azure revenue growth is expected to be 26% to 27% in constant currency.
Persons: Satya Nadella, Nadella, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Microsoft, Revenue, LSEG, Club, Fortune, Gaming, Activision Blizzard, CNBC, Getty
CNBC Daily Open: Oil deals ahead of Big Tech earnings
  + stars: | 2023-10-24 | by ( Shreyashi Sanyal | ) www.cnbc.com   time to read: +2 min
In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNTOmar Marques | Lightrocket | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Unlike more focused software companies, Microsoft "has full geographic coverage across all industry verticals," UBS analyst Karl Keirstead said, and that makes Microsoft less susceptible to downturns in any one sector or region. Most analysts predict the sales of weight loss drugs such as Wegovy and Mounjaro could easily exceed $100 billion. Still, that's conservative compared to Guggenheim's expectations of $150 billion to $200 billion in sales.
Persons: Omar Marques, Hess, Canaccord, Tony Dwyer, Karl Keirstead, Mounjaro, drugmaker Eli Lilly Organizations: Lightrocket, CNBC, Big Tech, Nasdaq, Chevron, Exxon Mobil, Stocks, Microsoft, UBS, Wall Street, Citi, Novo Nordisk Locations: .
Microsoft's cloud business, Azure, is crucial to its increased focus on AI. Analysts estimate Azure revenue growth in the fiscal first quarter expanded 27% year-over-year in constant currency terms, according to FactSet. Analysts at Piper Sandler said the Nov. 1 general release of Microsoft's 365 Copilot , an AI assistant to productivity applications like Word, should be a catalyst for shares. Bottom line The full payoff of Microsoft's AI efforts won't be fully reflected in the upcoming quarterly results given generative AI is still in its infancy. In July, Chief Financial Officer Amy Hood said growth from the company's AI offerings "will be gradual as Azure AI scales and our Copilots reach general availability dates."
Persons: Bing, Piper Sandler, Amy Hood, Copilot, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Microsoft, OpenAI, LSEG, Activision Blizzard, CNBC, Getty
Bloggers Marques and Shyra paid off their Sacramento home 21 years early. They paid an extra 1/12 of their payment twice per month, totaling two extra payments every year. You take your monthly mortgage payment amount and divide it by 12," Marques told Insider by email. With just 1/12 of their payment, they didn't notice the extra money they were putting towards their mortgage payment each month. They automated this extra payment to their mortgage lender so they didn't have to think about it.
Persons: Bloggers Marques, Shyra, , Black, they'd, Marques, hustles Organizations: Bloggers, Sacramento, Service, Debt Free, Marques Locations: Sacramento, Shyra
The Leader of Civic Coalition Party, Donald Tusk delivers a speech during the Women for Elections Campaign rally on October 10, 2023 in Lodz, Poland. EU tiesLaw and Justice's leadership has seen Poland's relationship with the EU and its various institutions become increasingly strained. It resulted in Morawiecki saying last month that his country would no longer supply weapons to Ukraine as it was "now arming Poland." Poland's vote follows elections in neighbor Slovakia which saw populist former Prime Minister Robert Fico return to power. Hungary's firebrand rightwing Prime Minister Viktor Orbán has persistently used inflammatory language regarding the EU, attacking it repeatedly on social media.
Persons: Donald Tusk, Omar Marques, Tusk, , Jaroslaw Kaczynski, Mateusz Morawiecki, Morawiecki, Robert Fico, Fico, Viktor Orbán Organizations: Civic Coalition Party, Women, Elections, Getty, European Union —, rightwing Law, Justice, Civic Coalition, European, Law, EU, Nurphoto, Consultancy Eurasia Group, Eurasia Group, Confederation, Ukraine, ING, U.S, NATO, rightwing, European Union Locations: Lodz, Poland, Ukraine, Krakow, Berlin, Brussels, Slovakia, Russia, rightwing, Hungary, Germany
Last year’s crypto winter diminished the ability of crypto firms to draw legal and compliance talent. Photo: Omar Marques/Zuma PressThe cryptocurrency industry has been battered by the collapse of crypto exchange FTX and the fraud allegations surrounding it, as well as implosions at other big crypto players. For the firms that remain standing, growing regulatory pressure means there is a stronger need than ever for compliance talent.
Persons: Omar Marques Organizations: Zuma
Nonetheless, Poland remains in a powerful position in Europe, and this month’s vote could dramatically flip those dynamics. “Poland is a major player in Europe; it borders Ukraine, it has a major land army, substantial military spending, and is the key hub for supporting Ukraine,” Stola said. Poland pushed European partners to send Leopard battle tanks to Ukraine earlier this year. “One likely outcome is a coalition between PiS and Confederation, and that would be very bad news for Polish-Ukrainian relations,” Kucharczyk said. “Poland has very deep interests in supporting Ukraine,” Kucharczyk added.
Persons: White, Donald Tusk, Poland’s, , , Tusk, ” Jacek Kucharczyk, ” Kucharczyk, Mateusz Morawiecki, Kacper Pempel, Piotr Buras, PiS, ” Buras, ” Dariusz Stola, Poland's, Omar Marques, ” Stola, , Wojtek Radwanski Organizations: CNN, Justice, European, Tusk’s Civic Coalition, stoke, Public, Warsaw’s Institute of Public Affairs, European Council, Foreign Relations, Communist, EU, Warsaw, Institute of Political, Polish Academy of Sciences, Getty, , NATO, PiS, Locations: Poland, Ukraine, Brussels, Berlin, Polish, Warsaw, Hungary, Europe, Germany, Russia, ” Kyiv, Washington, Kyiv, AFP, , Ukrainian, “ Poland
The first batch of US-provided Abrams tanks have arrived in Ukraine. The heavy tanks are joining the battle just in time for the infamous muddy season, which has bogged down some systems. AdvertisementAdvertisementUkraine's infamous mud season is on the horizon, raising questions about how the country's new Western-made armor, like the heavy US-provided M1A1 Abrams tanks, will perform in the coming muddy mess. AdvertisementAdvertisementAn Abrams tank from 1st Battalion, 8th Cavalry Regiment pulls security during Combined Resolve XIII at the Joint Multinational Readiness Center Hohenfels, Germany, on Feb. 02, 2002. In order to maintain the Abrams' Honeywell AGT1500 engine, Ukraine will need a consistent support and a solid supply chain able to provide sufficient spare parts.
Persons: Abrams, , Robert Greenway, Volodymyr Zelenskyy, YEVHEN TITOV, George Barros, Vladimir Putin's, Barros, they've, It's, Omar Marques, Mark Cancian, They're, Greenway, Douglas R, Bush, it's Organizations: Service, Hudson Institute, Army, 1st Battalion, 8th Cavalry Regiment, Joint Multinational Readiness Center, US Army, Soviet, Getty, Institute for, ARIS MESSINIS, Nowa, Center for Strategic, International Studies, Marine Corps, Abrams, Honeywell, US Locations: Ukraine, Germany, Russia, AFP, Ukrainian, Bakhmut, Donbas, Southern Ukraine, Kyiv, Kharkiv, Nowa Deba, Poland, Soviet, Soviet Union, Latvia
HONG KONG, Oct 3 (Reuters Breakingviews) - The country’s automakers are overtaking legacy marques at home and abroad. In this Exchange podcast, industry consultant Tu Le explains what has given BYD, especially, the edge over rivals. Listen to the podcastFollow @KatrinaHamlin on XSubscribe to Breakingviews' podcasts, Viewsroom and The Exchange. Editing by Katrina HamlinOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Tu Le, Elon Musk’s Tesla, Katrina Hamlin Organizations: Reuters, Thomson Locations: HONG KONG
Last-gasp penalty miss denies Portugal first win
  + stars: | 2023-09-23 | by ( ) www.reuters.com   time to read: +3 min
The excellent Raffaele Storti grabbed a brace of tries for Portugal, who will rue their inability to manage the final few minutes. "That’s rugby, it isn’t one half," Georgia coach Levan Maisashvili said. "We played really hard in the first half but in the second Portugal dominated everywhere. Portugal rode out the 10 minutes a man light and scored the first points of the second half through two Samuel Marques penalties. Georgia finally got into the Portugal half in the closing stages and when Lucas gave away his needless penalty, they were able to set up an attacking lineout and drive over through Zamtaradze to level the score.
Persons: Nuno Sousa Guedes, Portugal agonisingly, scrumhalf Pedro Lucas, Tengiz Zamtaradze, Luka Matkava, Guedes, Patrice Lagisquet, Akaki Tabutsadze, Zamtaradze, Raffaele Storti, Levan Maisashvili, Niniashvili, Flyhalf Tedo Abzhandadze, Storti, Francisco Fernandes, Shalva Mamukashvili, deservedly, Samuel Marques, Jeronimo Portela, Lucas, Mitch Phillips, Nick Said, Pritha Sarkar Organizations: Georgia, Portugal, Thomson Locations: TOULOUSE, France, Portugal, Georgia, Tabutsadze, Georgian, Zamtaradze
The iPhone 15 features a USB-C port instead of the Lightning port which has been standard for more than decade. YouTuber Marques Brownlee says the new port lets the iPhone 15 transfer battery power to older iPhones. iPhone 15 devices can also communicate with each other to figure out which has a lower battery level, he said. AdvertisementAdvertisementInsider also tested this feature by plugging in the iPhone 15 Pro to an iPhone 13 Pro and noticed that the iPhone 15 Pro acted as a power bank and automatically started charging the iPhone 13. When Insider connected the iPhone 15 Pro to the iPhone 15, the two devices performed a handshake to recognize that the iPhone 15 had a much higher battery charge, and the iPhone 15 then started charging the iPhone 15 Pro.
Persons: YouTuber Marques Brownlee, Marques Brownlee, Brownlee Organizations: Service, Apple, European Union, EU Locations: Wall, Silicon
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