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☆ Daring outfits Taylor Swift has worn throughout her career, from see-through dresses to a sparkling garter
▼ + stars: | 2024-04-18 | by ( Amanda Krause | Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Taylor Swift has been making bold fashion statements for over a decade. And on the red carpet, Swift isn't afraid to wear gowns with plunging necklines or daring slits. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementOver the past few years, Taylor Swift has solidified her status as a powerhouse in the music industry. Her style has changed throughout her decade-plus in the public eye, and over the years, Swift has experimented more and more with daring fashion.

Persons: Taylor Swift, Swift, — Organizations: Service, Poets Department

☆ Analyst whose downgrade is hitting Tesla says the investing case has structurally changed, sees earnings downside
▼ + stars: | 2024-04-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Deutsche Bank analyst Emmanuel Rosner is defending his decision to downgrade Tesla as the company potentially shifts away from building its low-cost vehicle — noting major changes to the stock's investment case. "Earnings are under pressure, free cash flow is under pressure," he told CNBC's " Squawk on the Street " on Thursday. The stock fell 3% on the back of the downgrade, contributing to its 39% year-to-date loss. Rosner viewed the Model 2 as a potential solution to Tesla's aging lineup, recent price cuts and "structural" issues that have been riddling the company as of late. "We believe that this creates much, much downside to earnings and free cash flow estimates for the foreseeable future," he said.

Persons: Emmanuel Rosner, Tesla, CNBC's, Rosner Organizations: Deutsche Bank

☆ Netflix is the dominant streaming service. So why is it changing its model?
▼ + stars: | 2024-04-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

CNN —Netflix, the dominant player in streaming, is expected to announce its first-quarter results on Thursday after enjoying months as a Wall Street darling. But much of the company’s past growth and success, analysts say, has come from its old, well-established business model. In recent months, Netflix has made moves to expand and even radically reinvent that business. Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but that paid off. Netflix’s reinventionFor Netflix, last month’s Oscars were a disappointment: Though the streaming service led its rivals in nominations, it took home just one award, for best live-action short film.

Persons: Peacock, ”, Ross Benes, ” Alicia Reese, “, Greg Peters, ” Reese, Reese, Robert Falconer, Amy Reinhard, “ I’m, Peters, We’ve Organizations: CNN, Netflix, Disney, Max, Warner Bros, City, Wedbush Securities, WWE, USA, Rockstar Locations: Hulu, eMarketer, United States

☆ US regional banks are still under pressure. That’s likely to continue
▼ + stars: | 2024-04-18 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Despite overcoming a crisis in 2023, the pain isn’t over for America’s regional banks. Shares of New York Community Bank have tumbled 71%, Bank OZK shares have slid 16% and Webster Financial shares have lost 11%. Regional banks reported wide losses on their profits during the first quarter. PNC projects that its net interest income will fall between 4% to 5% in 2024 from last year. “I’m worried about a handful of [regional banks],” Bair told CNBC on Tuesday.

Persons: that’s, Jerome Powell, “, ” Powell, Sheila Bair, “ I’m, ” Bair, ” Tesla, Tesla, Elon Musk, Chris Isidore, Musk, Chancellor Kathaleen McCormick, Read, Samantha Delouya, —, Maximilian Kotz, Leonie Wenz, Noah Diffenbaugh Organizations: CNN Business, Bell, New York CNN, Regional Banking, New York Community Bank, Bank OZK, Webster Financial, PNC Financial, T Bank, US Bancorp, Citizens, PNC, Valley Bank, Signature Bank, First Republic Bank, Federal Reserve, Wilson Center, Federal Deposit Insurance Corporation, CNBC, Tesla, Securities and Exchange Commission, United Nations, Potsdam, Climate, CNN, Stanford University Locations: New York, Delaware, ” Delaware

☆ Loads of analysts cut their price targets on these 10 stocks ahead of earnings
▼ + stars: | 2024-04-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Analysts have lowered their expectations on several global stocks this week by cutting their price targets. The list of stocks includes auto stocks Tesla , Rivian and Aptiv , pharmaceutical firms Biogen and Novartis , energy companies EQT Corp and TotalEnergies , airline Deutsche Lufthansa and aerospace firm Boeing , and fast food giant McDonald's . The price target changes come ahead of the next earnings season covering the first quarter of this year. CNBC Pro screened for global stocks in the MSCI World index that have received price target downgrades over the past seven days and are yet to report earnings. Tesla Wall Street analysts from 15 firms downgraded their 12-month price targets for Tesla over the past week.

Persons: Elon Musk, Tesla's, Tesla, Stifel Nicholas, Johannes Braun, Marc Zeck, Samantha Subin, Michael Bloom Organizations: Novartis, EQT Corp, Deutsche Lufthansa, Boeing, CNBC Pro, Barclays, Lufthansa Locations: Stifel

☆ Stocks making the biggest moves midday: Duolingo, JetBlue, Tesla, D.R. Horton and more
▼ + stars: | 2024-04-18 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

JetBlue Airways — Shares jumped 4.1% after JPMorgan upgraded the airline to neutral from underperform, saying it likes its turnaround potential. Barnes Group — The global industrial tech and aerospace stock jumped 9.3% after DA Davidson upgraded the company to buy from neutral, saying shares are attractive. Blackstone — The asset manager slipped 2.3% after lowering its dividend to 83 cents per share from 94 cents per share. Horton exceeded expectations in its fiscal second quarter, posting earnings of $3.52 per share on revenue of $9.11 billion. Elevance Health — Shares jumped 3.2% after the health insurance company posted an earnings beat and raised its full-year guidance.

Persons: Estee Lauder, Tesla, Emmanuel Rosner, Rosner, Davidson, Blackstone, Horton —, Horton, LSEG, Morgan Stanley, Donald Trump's, —, Samantha Subin, Brian Evans, Hakyung Kim, Lisa Kailai Han Organizations: JPMorgan, Taiwan Semiconductor Manufacturing, JetBlue Airways —, Iris Energy, Deutsche Bank, Google, Meta, Reuters, Group, Alaska Air Group, Revenue, BJ's Wholesale, eBay, — Rosenblatt Securities, Trump Media & Technology, Truth Social Locations: Taiwan, Alaska

☆ Apple fixes iPhone bug that suggested Palestinian flag when some people typed ‘Jerusalem’
▼ + stars: | 2024-04-17 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +1 min

CNN —Apple has fixed a bug that suggested the Palestinian flag emoji when some users searched for the word “Jerusalem” in the emoji keyboard. Apple’s previous update was introduced on March 21, but the recent discovery of the bug upset some users on social media. It’s possible, however, Apple’s machine-learning technology determined the suggested emoji based on analyzing texts from millions of its users. In 2017, the US administration of President Donald Trump recognized Jerusalem as Israel’s capital, reversing decades of American foreign policy. So suggesting a Palestinian flag emoji for the search query “Jerusalem,” particularly when Israel is at war with Hamas, added tensions amid a long-running dispute.

Persons: Apple, Donald Trump, ” Organizations: CNN, Apple, East Locations: Israel, East Jerusalem, Jerusalem

☆ Sarah J. Maas is the bestselling author of 2024 so far — and other romance and fantasy authors are right behind her
▼ + stars: | 2024-04-17 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +4 min

Read previewFour months into 2024, Sarah J. Maas is having quite the year. Circana, which tracks book sales, also reported that it's currently the bestselling novel of 2024. Weiss Eubanks/NBCUniversal via Getty ImagesForbes reported on Wednesday that Maas has sold 3.1 million copies of her books in 2024, making her the bestselling author of the year so far. Likewise, Forbes reported that Circana data shows nine of the 10 bestselling books sold in March fell into either the romance or fantasy genres. Publisher's Weekly reported sales of Maas' books increased 86% in the 2022 fiscal year — the same period TikTok experienced massive growth.

Persons: —, Sarah J, Maas, it's, Weiss Eubanks, Getty Images Forbes, Circana, Rebecca Yarros, Yarros, Carissa Broadbent, Jennifer L, Forbes, Bloomsbury TikTok Organizations: Service, Business, The New York Times, Publisher's, Bloomsbury, Getty Images, Wings, New York Times Locations: Tor

☆ Beware of these stocks at risk of a major earnings 'blowup'
▼ + stars: | 2024-04-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

First-quarter earnings season is just getting started, but investors may want to keep a close eye on a group of stocks at risk of a profit "blowup," according to Wolfe Research. The basket includes stocks that show up most often in the firm's short screens and filters companies based on earnings quality with 0 the worst and 100 the best. Tesla scores a 2 on Wolfe Research's earnings quality scale, showing up six times on the firm's short screens. Wolfe Research named Pinterest as another short idea, saying it was on four of the firm's short screens. Both stocks appear on four of the firm's short screens and have earnings quality scores in the 20s.

Persons: Morgan Stanley, Wolfe, Tesla, J.M Smucker Organizations: Wolfe Research, Bank of America, Elon, Rivian Automotive, Walgreens Boots Alliance, Juniper Networks, L3Harris Technologies Locations: China, Irvine , California

☆ Stocks making the biggest moves midday: United Airlines, Travelers, Abbott Laboratories and more
▼ + stars: | 2024-04-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Quarterly revenue came in at $12.54 billion, topping an LSEG estimate of $12.45 billion. Travelers said it generated $4.69 in earnings per share on $10.18 billion in revenue. Interactive Brokers — Shares popped 3% after Interactive Brokers posted quarterly results that came in slightly ahead of Wall Street's expectations. J.B. Hunt posted earnings of $1.22 per share on $2.94 billion in revenue. Alcoa is set to report earnings after the bell.

Persons: LSEG, Eli Lilly, ASML, Hunt, Kate Spade, Abbott, Joe Biden's, Jefferies, —, Jesse Pound, Hakyung Kim, Pia Singh, Michelle Fox, Alex Harring, Sarah Min Organizations: United Airlines —, Travelers Companies, Travelers, U.S, Interactive, Hunt Transport Services, The New York Times, Federal Trade Commission, Versace, Capri Holdings, Autodesk —, Autodesk, Bancorp — U.S, Bancorp, Abbott Laboratories, FactSet, Alcoa Locations: China

☆ Barclays says Tesla's latest quarter will miss estimates and pressure Musk to deliver plan on earnings call
▼ + stars: | 2024-04-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Pressure is mounting on Elon Musk to turn the wheel of his embattled electric vehicle company when it reports first-quarter earnings, according to Barclays. The comments from Barclays come amid a rocky start to 2024 for the largest U.S. electric vehicle maker. Levy expects Austin, Texas-based Tesla to miss Wall Street expectations and report gross profit margins below consensus estimates in reporting results next week. "While investors will enter the call with significant questions on Tesla's strategy, we believe many of these questions may be unanswered," Levy wrote. "And with significant uncertainty remaining on the investment thesis, it could lead investors to capitulate."

Persons: Elon Musk, Tesla's, Tesla, Dan Levy, Levy Organizations: Elon, Barclays, U.S, Tesla Locations: China, Austin , Texas

☆ Climate change and global warming come with increasing economic cost to individuals
▼ + stars: | 2024-04-17 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

However, they say immediate actions to reduce climate change could stem some losses in the longer term. Noah Diffenbaugh, a professor and environmental researcher at Stanford University, said the economic damage from climate change will take different shapes. Researchers estimated it would cost the global economy $6 trillion by 2050 to comply with the Paris Climate Agreement—the international agreement among nearly 200 nations to tackle climate change—compared to the study’s estimated $38 trillion economic damage due to climate change. “That’s what’s likely to happen from the global warming that’s already occurred and what’s likely to happen even for small increments of global warming.”The Nature study estimated the economic damage of different regions. The ICF paper said price hikes on essential elements of the cost of living in the US will add up due to climate change.

Persons: –, Maximilian Kotz, Leonie Wenz, Noah Diffenbaugh, It’s, Wenz, Bernardo Bastien, Bastien, ” Bastien, “, ”, “ That’s, what’s, won’t Organizations: CNN, United Nations, Potsdam, Climate, Stanford University, Scripps Institute of Oceanography, University of California Locations: Nature, Paris, University of California San Diego, California, North America, Europe, South Asia, Africa, United States

☆ Trump gripes he can't reject 'unlimited' jurors in New York hush money trial
▼ + stars: | 2024-04-17 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Donald Trump complained Wednesday that his lawyers were not given "unlimited" chances to reject prospective jurors at his New York criminal hush money trial. Trump suggested that New York City, which leans heavily Democratic, is only better than Washington, D.C. Trump also faces criminal election interference charges in federal court in Washington. Trials for Class E felonies, which include the charges of falsifying business records that Trump faces, get the fewest number of challenges. Trump's complaint on Truth Social demonstrates "his willful ignorance of the law," said Jeremy Saland, another New York criminal defense attorney. Trump's lawyers and prosecutors can make an unlimited number of requests to Judge Juan Merchan to strike a potential juror for cause.

Persons: Donald Trump, Trump, Samantha Chorny, Jeremy Saland, Saland, doesn't, Juan Merchan, Merchan Organizations: U.S, Manhattan Criminal, New, D.C, Trump, CNBC Locations: New York City, York, Washington, Manhattan, New York

☆ Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Live Nation and more
▼ + stars: | 2024-04-16 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Morgan Stanley — Shares added 3.2% after Morgan Stanley topped first-quarter expectations on wealth management, trading and advisory results. The company reported earnings of $2.02 a share, while analysts polled by LSEG had called for $1.66 a share. Revenue came out at $15.14 billion for the period, surpassing analysts expectations of $14.41 billion. Johnson & Johnson — The stock fell slightly even after the pharmaceutical giant topped quarterly earnings expectations and benefitted from a jump in medical device sales. Revenue came in at $21.38 billion, roughly in line with the $21.4 billion expected by analysts polled by LSEG.

Persons: UnitedHealth, Morgan Stanley —, Morgan Stanley, LSEG, Johnson, Smith, Tesla, Elon Musk, —, Samantha Subin, Tanaya Macheel, Michelle Fox Theobald Organizations: Revenue, Wall Street Journal, Justice Department, Ticketmaster, LSEG, Bank of America, Tesla Locations: The, LSEG

Swimsuits for All has been around since 2005 and continues to push the boundaries of style and size in the women's swimwear space. The brand makes stylish, size-inclusive women's swimwear in sizes 4 through 40. Among its many original styles, it has also launched special collections with plus-size body positivity advocates like model Ashley Graham and fashion blogger GabiFresh. We tried a piece from each of these two collaborations, in addition to one of the brand's original styles. For more of our swimsuit coverage, see our pieces on the best swimsuits for women and the best swimsuits for large busts.

Persons: Ashley Graham, GabiFresh Organizations: Business

☆ How Meghan Markle's style has evolved, from her Hollywood days to her post-royal life
▼ + stars: | 2024-04-16 | by ( Mikhaila Friel | Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Meghan Markle's style has changed a lot since she's been in the public eye. Meghan shifted her style again after stepping back from the royal family, wearing more casual and bold looks. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. And as her role in the public sphere has changed, so has the Duchess of Sussex's style. From daring looks on red carpets to more conservative ensembles for royal life, Meghan's style has evolved as her life has.

Persons: Meghan Markle's, she's, Prince Harry, Meghan, —, Meghan Markle, Duchess Organizations: Service

☆ A millennial couple considered hundreds of houses — then spent $150,000 on a falling-apart Victorian sight unseen. They think it's worth it.
▼ + stars: | 2024-04-16 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +8 min

Read previewEvy Rivera and Jacob Evans were looking to put down roots when they found their dream fixer-upper. AdvertisementAfter watching the series, Rivera and Evans fell in love with the idea of renovating a dated property while maintaining its integrity. "We had seen quite a few Victorian homes already in other parts of New York," Rivera said. Evy Rivera and Jacob Evans bought a Victorian home from the 1800s. Evy Rivera and Jacob Evans"It's not a glamorous life at all," Rivera said of restoring their home.

Persons: —, Evy Rivera, Jacob Evans, Rivera, Evans, Jacobs, Dwight Reynolds, It's, They've, They're, it's Organizations: Service, Business, HGTV Locations: Denver, Florida, Instagram, New York, Pennsylvania, Earlville , New York

☆ Patient Capital's Samantha McLemore names this energy company as a buy for its significant upside
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPatient Capital's Samantha McLemore names this energy company as a buy for its significant upsideSamantha McLemore, Patient Capital founder and ClO, joins 'Closing Bell' to discuss whether she believes the market needs a rate cut and her investment plays.

Persons: Samantha McLemore Organizations: Patient Capital

☆ iPhone sales are plunging. Here’s why
▼ + stars: | 2024-04-15 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +3 min

CNN —Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply. Apple took the crown last year – but only for one quarter, as Samsung took the spot back. Samsung occupied about 20.8% of market share (or 60.1 million shipments) during the quarter, followed by Apple with 17.3% (50.1 million shipments). China remains an important market for Apple as it is the largest market behind the US. “As the overall smartphone market recovers this year, with a strong focus on AI, Samsung is in good position to grow further this year,” she added.

Persons: “, ”, Nabila Popal, “ It’s, ” Popal, Xiaomi, Loren Elliott, Huawei’s, Popal, “ We’re Organizations: CNN, IDC, Apple, Samsung, Android, Galaxy, Huawei Locations: China, San Jose , California, U.S, China . China, United States

☆ The most daring looks celebrities wore to Coachella 2024
▼ + stars: | 2024-04-15 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Celebrity attendees and performers donned daring ensembles for the festivities. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe 2024 Coachella Valley Music and Arts Festival kicked off on Friday, with performances continuing throughout the weekend. As always, the festival was packed with celebrities, from performers like Doja Cat to attendees like Taylor Swift and Travis Kelce. This story is available exclusively to Business Insider subscribers.

Persons: —, Taylor Swift, Travis Kelce Organizations: Service, Valley Music, Arts Festival, Billboard, Business Locations: Coachella, Indio , California

☆ The Dark Reality of Being a Princess in the British Royal Family
▼ + stars: | 2024-04-13 | by ( Samantha Grindell | Anneta Konstantinides | ) www.businessinsider.com time to read: +13 min

To millions, it appeared to be the reality for Princess Diana, Kate Middleton, and Meghan Markle. By making the fairy tale feel real, the royal family appears far more accessible — and the British tabloids are more than happy to help. David Levenson/Getty ImagesMeghan and Harry's royal tour of Australia 35 years later stirred up those same bitter feelings among the royal family, the prince recalled in "Harry & Meghan." Princess Diana. More often than not, the princesses marrying into the royal family earn the public's loyalty and love, not those born into the monarchy.

Persons: Princess Diana, Kate Middleton, Meghan Markle, Diana, Kate, Meghan —, —, Prince Charles, Tim Graham, Prince William, Chris Jackson, Harry, Karwai Tang, Kristen Meinzer, Kate —, William —, Meghan, Prince Harry, she's, Charles, William, Sir John Major, Maria Tatar, They're, it's, hasn't, Prince George, ANDREW COWIE, Omid Scobie, Pippa Middleton, Niki Nikolova, Meghan's upbringings, Pippa, Meinzer, Tatar, Duchess of Sussex, Duke of Sussex, Duke, Duchess, Sussex, Camilla, Catherine, William's, Kate wasn't, Martin Bashir, Diana Princess of Wales, Benny Ong, David Levenson, Getty, I've, Oprah Winfrey, Joe Pugliese, Harpo, Snow White, Edwin Hayward, Andrew Morton, Robert Hardman, Tim Graham Photo, Piers Morgan, Morgan, Max Mumby, they'd, It's Organizations: Getty, British, Mail, Kanye, Netflix, UNITED, Joff, BBC, Royal Tour of Australia, Tim Graham Photo Library, BBC Studios Locations: British, UNITED KINGDOM, Peacehaven , Sussex, Peacehaven, United Kingdom, Windsor, The, Australia, Alice Springs

☆ Families who sued social media companies years ago are taking matters into their own hands
▼ + stars: | 2024-04-13 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +16 min

Now there are hundreds of such lawsuits against social media platforms, alleging teenagers across the country have been harmed from exposure to social media, according to Matthew Bergman, the founder of the Social Media Victims Law Center, from where many of these lawsuits have been filed. Jaime Puerta said he has met with police departments, government agencies and schools to discuss the dangers of social media platforms. Mayor Eric Adams makes announcement on lawsuit against social media companies at City Hall in New York City. Next, she said she wants to work with lawmakers to help increase the age requirement to access social media sites. Donna and Chris Dawley have attended conferences, events and Congressional hearings to raise awareness about social media addiction.

Persons: Jaime Puerta’s, Daniel, Puerta, Snapchat, Matthew Bergman, Koukichi Takahashi, TikTok, ” Puerta, “, ”, Jaime Puerta, Meta, Gail Flatt, Sarah’s, Sarah, Flatt, Republican Sen, Marsha Blackburn, Sen . Blackburn, Blackburn, Mark Zuckerberg, who’ve, “ I’m, Norma Nazario, Zackery, Eric Adams, Nazario, Lev Radin, Ron DeSantis, Jaime Puerta – Amy Neville, Alexander, –, she’s, Neville, ” Amy Neville, Alexander Neville, Amy Neville, Democratic Sen, Amy Klobuchar, Sen, Klobuchar, Sabine Polak, Polak, Mileva, ” Polak, Repasky, it’s, Cece Nelter, Independence , Kentucky –, Instagram, Cece, Nelter, Donna, Chris Dawley –, CJ, ” Donna Dawley, Prince Harry, Meghan Markle, Chris Dawley, Donna Dawley “, Donna Dawley, “ We’ve Organizations: CNN, International Association for Suicide Prevention, Befrienders, Social Media, Law, Meta, Adobe, Big Tech, Los Angeles, Central Intelligence Agency, CIA, Homeland Security, Centers for Disease Control, Prevention, Drug, Administration, Federal, Facebook, Wall, Northern District of, Republican, Union, New York City, New York, City Hall, Pacific Press, TikTok, Florida Republican, Snapchat, Alexander Neville Foundation, Alexander, Parent, Academy, Democratic, Media, Free Schools Movement Locations: Northern District, Northern District of California, Instagram, Tennessee, Biden’s, New York, New, New York City, Florida, United States, Minnesota, Phoenixville , Pennsylvania, ”, Independence , Kentucky

☆ Analysts are saying this chipmaker, which just held an AI event, is the most levered to the trend besides Nvidia
▼ + stars: | 2024-04-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors may want to keep an eye on Marvell Technology , as it is poised for artificial intelligence success, according to Wall Street analysts. The commentary comes on the back of the chipmaker's AI event on Thursday, where it announced a new compute customer many speculate could be Microsoft. On the back of the event, Wells Fargo analyst Gary Mobley lifted 2025 revenue and earnings per share estimates to account for a quicker ramp in AI sales. While Morgan Stanley continues to view the stock as an AI winner, analyst Joseph Moore noted he still favors Nvidia. That is in part due to the "sideways" action Marvell has experienced over the past year and its elevated multiple.

Persons: MRVL, Timothy Arcuri, Arcuri, JPMorgan's Harlan Sur, Goldman Sachs, Toshiya Hari, Wells, Gary Mobley, Morgan Stanley, Joseph Moore, Marvell Organizations: Marvell Technology, Wall Street, UBS, Microsoft, Marvell, Nvidia Locations: CY28, Wells Fargo

☆ The iPhone suggests a Palestinian flag when some people type ‘Jerusalem.’ Apple is working on a fix
▼ + stars: | 2024-04-12 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +2 min

CNN —Apple is working to a fix a bug in its latest iOS software that suggests the Palestinian flag emoji when some users search for the word “Jerusalem” in the emoji keyboard. But the user, who said she was Jewish, provided a long list of other cities that don’t surface a flag when entered into the emoji search box. For its part, Israel considers Jerusalem as its undivided capital. In 2017, the US administration of President Donald Trump recognized Jerusalem as Israel’s capital, reversing decades of American foreign policy. So suggesting a Palestinian flag emoji for the search query “Jerusalem,” particularly when Israel is at war with Hamas, is adding to tensions amid a long-running dispute.

Persons: Apple, Donald Trump, ” Organizations: CNN, Apple, East Locations: Israel, East Jerusalem, Jerusalem

☆ Inside Andy Jassy's plan for Amazon in the generative AI era
▼ + stars: | 2024-04-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. By the way, we're wrapping up voting for the championship matchup in our business, tech, and innovation bracket. In today's big story, we're looking at Amazon CEO Andy Jassy's letter to shareholders, which details the tech giant's plan in the age of generative AI . What's on deck:AdvertisementBut first, Amazon, AI, and a letter. The big storyAmazon in the AI ageMichael M. Santiago/Getty Images; Chelsea Jia Feng/BIThe generative AI revolution is coming, and Amazon wants in on the ground floor.

Persons: —, We've, Andy Jassy's, Michael M, Chelsea Jia Feng, Andy Jassy, Ana Altchek, Jassy, that's, Andy Jassy Mike Blake, Eugene Kim, Jassy's, Phillip Faraone, Gregor Fischer, Noam Galai, Here's, it's, Morgan Stanley, Ben Bergman, Rebecca Zisser, Adam Neumann, Neumann, Samantha Lee, Bon Appétit, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Amazon, Getty, AWS, Bridgewater Associates, Pfizer, Reuters, Prime, TechCrunch, Games, New York Times, Visual China, BI, JPMorgan Chase, Citigroup, Coachella Locations: Wells Fargo, New York, London

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