DIRS.INFO The most relevant business & tech news

☆ These are the stocks with the most to gain or lose from the Fed decision
▼ + stars: | 2024-05-01 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The 10-year Treasury yield at one point in April neared 4.75% after starting the year below 4%. The anecdote, coupled with troubling inflation and economic growth data in April, helped push Treasury yields higher. More worrisome Powell commentary Wednesday after the Fed decision could further spike Treasury yields — or perhaps, he will sound confident the Fed still has a handle on inflation and rates will decline in response. However, that climb could run out of steam if Federal Reserve comments on Wednesday force Treasury yields higher. Higher interest rates constrain technology companies' ability to post the type of strong growth the sector has become synonymous with in recent years.

Persons: Stocks, Jerome Powell, worrisome Powell, Goldman Sachs Organizations: Federal, Tesla, Micro, Treasury

☆ How the High Cost of Borrowing May Skew the Presidential Race
▼ + stars: | 2024-04-30 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

Kimberly Jolasun, a 32-year-old entrepreneur in Atlanta, has never voted for the Republican candidate for the presidency. Not yet profitable, her company needs financing to grow. Banks want to charge her interest as high as 14 percent for business loans. The interest rate on the credit card debt she used to start the company has spiked to 25 percent, tripling her monthly payments. But she assumes that his Republican opponent, former President Donald J. Trump, is more in tune with the needs of business owners.

Persons: Kimberly Jolasun, Banks, Jolasun, Biden, Donald J, Trump Organizations: Republican, Technology, Federal Reserve Locations: Atlanta, Silicon Valley, Austin , Texas, Georgia

☆ Generative A.I. Arrives in the Gene Editing World of CRISPR
▼ + stars: | 2024-04-22 | by ( Cade Metz | ) www.nytimes.com time to read: +1 min

Generative A.I. technologies can write poetry and computer programs or create images of teddy bears and videos of cartoon characters that look like something from a Hollywood movie. Now, new A.I. The company is expected to present the paper next month at the annual meeting of the American Society of Gene and Cell Therapy. Much as ChatGPT learns to generate language by analyzing Wikipedia articles, books and chat logs, Profluent’s technology creates new gene editors after analyzing enormous amounts of biological data, including microscopic mechanisms that scientists already use to edit human DNA.

Persons: ChatGPT Organizations: American Society of Gene, Cell Locations: Berkeley, Calif

☆ IPO market continues to open up, market downdraft be damned, but higher rates loom
▼ + stars: | 2024-04-18 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

For proof that the market for initial public offerings continues to open up despite the downdraft in the market, just look at this week. This spring reopening, however, is threatened by the specter of higher interest rates. Why higher interest rates hurt IPOs The major headwind: higher for longer interest rates. technology) are more sensitive to a change in interest rates, because their cash flow projections are further out. Still, most admit higher rates make it more difficult to get investors excited about IPOs.

Persons: Ibotta, Rubrik, Matt Kennedy, IPOs, That's, Kennedy, Santosh Rao Organizations: Centuri Holdings, Southwest Gas Holdings, UL Solutions, Group, Renaissance Capital, Loar Holdings, Manhattan Venture Partners

☆ These companies slated to report next week have a history of beating earnings estimates, including one tech giant
▼ + stars: | 2024-04-18 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Nearly 76% of companies that have reported have beaten earnings expectations, while 59% have come in above analysts' expectations for revenue. A diverse group of companies reports results next week, on track to be the busiest one of the season. A company's earnings results are, of course, integral to both its near- and long-term performance. As a result, CNPC Pro screened stocks slated to report their earnings next week for those that have a history of beating analysts' expectations. The workflow automation platform beats earnings expectations 89% of the time.

Persons: They've, Meta, Piper Sandler, Five9, Baird, William Power, —, Robert Hum, Fred Imbert Organizations: Dow Jones, Technology, Microsoft, Meta, Humana, Comcast, Chubb, Visa, Investment Group, JPMorgan, Citi, Cloud Locations: industrials

☆ Apple CEO Tim Cook visits Vietnam — one of the iPhone giant's most important manufacturing hubs
▼ + stars: | 2024-04-15 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Cook will meet with Apple users, developers and content creators during the two-day visit, local media reported. In December, the Nikkei reported Apple was moving some of its key iPad engineering resources to Vietnam. Apple CEO Tim Cook (C) walks near Hoan Kiem lake in downtown Hanoi during his visit to Vietnam on April 15, 2024. India has also emerged as a key hub for iPhone manufacturing. Cook's visit to Vietnam comes after 61 environmental and human rights groups called on Apple to oppose the country's detention of climate activists.

Persons: Tim Cook, Cook, Bryan Ma Organizations: Apple, International Data Corporation, IDC, Samsung, Nikkei, Apple Watch, Getty, CNBC, Bloomberg Locations: Hanoi, Vietnam, U.S, China, Cupertino, Hoan, Giang Huy, Afp, India, iPhones

☆ Now Hiring: Sophisticated (but Part-Time) Chatbot Tutors
▼ + stars: | 2024-04-10 | by ( Yiwen Lu | ) www.nytimes.com time to read: 1 min

After her second child was born, Chelsea Becker took an unpaid, yearlong leave from her full-time job as a flight attendant. After watching a video on TikTok, she found a side hustle: training artificial intelligence models for a website called Data Annotation Tech. For a few hours every day, Ms. Becker, 33, who lives in Schwenksville, Pa., would sit at her laptop and interact with an A.I.-powered chatbot. technology has put a more sophisticated spin on a kind of gig work that doesn’t require leaving the house. The growth of large language models like the technology powering OpenAI’s ChatGPT has fueled the need for trainers like Ms. Becker, fluent English speakers who can produce quality writing.

Persons: Chelsea Becker, yearlong, Becker Locations: Schwenksville, Pa

☆ Opinion | Happy 20th Anniversary, Gmail. I’m Sorry I’m Leaving You.
▼ + stars: | 2024-04-07 | by ( Ezra Klein | ) www.nytimes.com time to read: +2 min

The Verge blames search engines. But here’s another: Our digital lives have become one shame closet after another. A shame closet is that spot in your home where you cram the stuff that has nowhere else to go. But as the shame closet grows, the task of excavation or organization becomes too daunting to contemplate. The shame closet era of the internet had a beginning.

Persons: Inboxes Organizations: Wired, Technology, Google

☆ What's more important? AI or the election.
▼ + stars: | 2024-04-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're announcing the finalists for our business, tech, and innovation bracket. What's on deck:This story is available exclusively to Business Insider subscribers. If you're just catching up, a few weeks ago we identified eight of the biggest trends in business, tech, and innovation. And then there were two: the AI race vs the US presidential election. Dan Rosen, founder and partner, Commerce Ventures:Advertisement"As a fintech investor, AI strikes me as more important.

Persons: —, we're, Chelsea Jia Feng, Readers, Bruce K, Lee, Dan Rosen, Ira Allen, Tracy Albert, Wendy Craft, Elle, Dodd, Frank, Zach Blank, Nick DiGiovanni, Adam Jeffery, Ian MacNicol, David Einhorn, Jesse Cohn, Greg Coffey, Goldman Sachs, Brian Robinson, Nelson Peltz's, James Park, would've, Justin Sullivan, Marissa Mayer's, Enrique Munoz Torres, Elon Musk, Musk, Lukas Schulze, it's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Keebeck Wealth, Commerce Ventures, CNBC, NBCU, Getty, Elliott Management, Sohn, Street Journal, Disney, UCLA, Yahoo, LinkedIn, Elon, Apple, Ford, Workers, Advertising Research, NCAA Locations: Europe, California, New York, London

☆ Biden and Xi Jinping hold phone call ahead of Yellen's trip to China
▼ + stars: | 2024-04-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

President Joe Biden spoke with Chinese President Xi Jinping on the phone Tuesday, a call the White House described as a way for the two leaders to "check in" and responsibly manage the strained U.S.-China relationship. During the call with Xi, the first such phone meeting since July 2022, Biden raised a host of U.S. concerns, according to a White House readout of the call. Specifically, Biden confronted Xi on China's "unfair trade policies and non-market economic practices," the White House said. The last time Biden and Xi met in person was in November, on the sidelines of a summit in Woodside, California. "To take it back to that meeting last November, both President Biden and President Xi agreed that they would try to pick up the phone a bit more," the senior administration official said.

Persons: Joe Biden, Xi Jinping, Xi, Biden, Janet Yellen, Antony Blinken, Yellen Organizations: White, U.S ., Russia, U.S, Treasury, Treasury Department, Trump Locations: U.S, China, Taiwan, Ukraine, November's, Woodside , California, Guangzhou, Beijing, United States, Washington

☆ OpenAI Unveils A.I. Technology That Recreates Human Voices
▼ + stars: | 2024-03-29 | by ( Cade Metz | ) www.nytimes.com time to read: 1 min

First, OpenAI offered a tool that allowed people to create digital images simply by describing what they wanted to see. Then, it built similar technology that generated full-motion video like something from a Hollywood movie. Now, it has unveiled technology that can recreate someone’s voice. start-up said on Friday that a small group of businesses was testing a new OpenAI system, Voice Engine, that can recreate a person’s voice from a 15-second recording. If you are an English speaker, for example, it can recreate your voice in Spanish, French, Chinese or many other languages.

Persons: OpenAI

☆ This retailer is set up for a comeback — we're getting in early by starting a position
▼ + stars: | 2024-03-27 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

We are initiating a position in Best Buy, buying 400 shares at $82.30 each. Consumer electronics historically needed to be upgraded and replaced every three to seven years, meaning many of the products that were purchased in the Covid era will need to be replaced soon. They point out that Best Buy is one of the last broad-line and hard-line retail stocks in its coverage that experienced a Covid pull-forward that hasn't returned to its historical valuation. Lastly, Best Buy sports an attractive dividend yield of about 4.65%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Bose, hasn't, Jim Cramer, Jim Organizations: Consumer, Management, Microsoft, Electronics, Telsey Advisory, JPMorgan, Federal Reserve, CNBC Locations: Vegas

☆ It’s a Golden Age for Shipwreck Discoveries. Why?
▼ + stars: | 2024-03-23 | by ( Michael Levenson | ) www.nytimes.com time to read: +1 min

Some were fabled vessels that have fascinated people for generations, like Endurance, Ernest Shackleton’s ship that sank in the Antarctic in 1915. No matter their place in history, more shipwrecks are being found these days than ever before, according to those who work in the rarefied world of deep-sea exploration. He added: “We’re in a transitional phase where the true period of deep-sea and ocean exploration in general is truly beginning.”So what’s behind the increase? Shipwreck hunters are also looking for wrecks for their historical value, rather than for sunken treasure. And climate change has intensified storms and beach erosion, exposing shipwrecks in shallow water.

Persons: Ernest Shackleton’s, ”, James P, Delgado Organizations: Technology Locations: Ironton, Lake Huron, Washington ,

Companies like OpenAI and Midjourney build chatbots, image generators and other artificial intelligence tools that operate in the digital world. Now, a start-up founded by three former OpenAI researchers is using the technology development methods behind chatbots to build A.I. technology that can navigate the physical world. Its goal is to help robots gain an understanding of what is going on around them and decide what they should do next. The technology also gives robots a broad understanding of the English language, letting people chat with them as if they were chatting with ChatGPT.

Locations: Emeryville, Calif

☆ Dozens of Top Scientists Sign Effort to Prevent A.I. Bioweapons
▼ + stars: | 2024-03-08 | by ( Cade Metz | ) www.nytimes.com time to read: +1 min

Dario Amodei, chief executive of the high-profile A.I. start-up Anthropic, told Congress last year that new A.I. technology could soon help unskilled but malevolent people create large-scale biological attacks, such as the release of viruses or toxic substances that cause widespread disease and death. Senators from both parties were alarmed, while A.I. Now, over 90 biologists and other scientists who specialize in A.I.

Persons: Dario Amodei, Frances Arnold Locations: United States

☆ Did your chef wash their hands? Handwashing ‘lie detectors’ could find out
▼ + stars: | 2024-03-08 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +8 min

Food workers wash their hands as they should only one in three times, according to the Centers for Disease Control and Prevention. The consequence: Germs spread from food workers’ hands to food, which can trigger an outbreak of dangerous foodborne illness in restaurants. By improving handwashing practices, food workers can be a critical part to preventing outbreaks of diseases like norovirus, Salmonella, and E. coli, it said. “In all circumstances, thorough, frequent hand hygiene is critical for preventing the spread of disease. Technology can potentially assist with increasing compliance and quality of hand hygiene, and that is very exciting indeed,” she said.

Persons: It’s, Christine Schindler, Schindler, ”, ” Waanders, Rebecca Bartles, Bartles, Don’t, there’s, ” Schindler, “, “ We’ve, PathSpot, Colin McCabe Organizations: New, New York CNN, Centers for Disease Control, Taco Bell, Association for Professionals, CNN, “, Environmental Health, Duke University, Employees, Valor Siren Ventures, Starbucks Locations: New York, “, United States

☆ Ex-Google Engineer Charged With Stealing A.I. Secrets for Chinese Firm
▼ + stars: | 2024-03-06 | by ( Glenn Thrush | Nico Grant | ) www.nytimes.com time to read: +1 min

A Chinese citizen who recently quit his job as a software engineer for Google in California has been charged with trying to transfer artificial intelligence technology to a Beijing-based company that paid him secretly, according to a federal indictment unsealed on Wednesday. Prosecutors accused Linwei Ding, who was part of the team that designs and maintains Google’s vast A.I. supercomputer data system, of stealing information about the “architecture and functionality” of the system, and of pilfering software used to “orchestrate” supercomputers “at the cutting edge of machine learning and A.I. technology.”From May 2022 to May 2023, Mr. Ding, also known as Leon, uploaded 500 files, many containing trade secrets, from his Google-issued laptop to the cloud by using a multistep scheme that allowed him to “evade immediate detection,” according to the U.S. attorney’s office for the Northern District of California. Mr. Ding was arrested on Wednesday morning at his home in Newark, Calif., not far from Google’s sprawling main campus in Mountain View, officials said.

Persons: Linwei Ding, Ding, Leon Organizations: Google, Prosecutors, Northern, Northern District of Locations: California, Beijing, Northern District, Northern District of California, Newark , Calif, Mountain View

☆ Tracking an Invisible Climate Menace From 360 Miles Above
▼ + stars: | 2024-03-03 | by ( Malika Khurana | Hiroko Tabuchi | ) www.nytimes.com time to read: +8 min

Gas sensor housing Infrared sensor Spectrometer Tracking an Invisible Climate Menace From 360 Miles Above There will soon be a new eye in the sky that’s designed to detect emissions of methane, an invisible yet potent gas that is dangerously heating the world. MethaneSAT will sweep the globe using a high-resolution infrared sensor to detect and track methane leaks from oil and gas sites worldwide. Scientists estimate that human-caused methane emissions are responsible for up to 30 percent of the global warming being experienced today. Figuring out where methane emissions are happening, how big they are and who’s responsible has been a challenge. Methane also seeps from natural sources, like flooded wetlands, but the majority of methane emissions today come from human activity.

Persons: ”, Steven Hamburg, ’, Dr, Hamburg, MethaneSAT, “, Drew Shindell, wasn’t, Biden, Bjorn Otto Sverdrup Organizations: Environmental Defense Fund, Google, Duke University, MethaneSAT, Union, Oil, Climate Initiative, Star Locations: Texas, United States

☆ CNBC Daily Open: Hot inflation data but could have been worse
▼ + stars: | 2024-03-01 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The tech giant said the new offering can perform a handful of common role-specific actions in Excel and Outlook. Market unlikely to burstBob Parker, senior advisor at trade body International Capital Markets Association, told CNBC there are signs of a bubble in company valuations and investor concentration in the technology sector. [PRO] Europe's 'Super 7'Citi picked "Super 7" European stocks that it said are similar to the "Magnificent 7" U.S. technology stocks but have cheaper valuations leaving more room for them to rise.

Persons: Bitcoin, Bob Parker, Dell, Yvonne McGill Organizations: CNBC, Nasdaq, Dow Jones, Microsoft, Excel, Capital Markets Association, Dell, Citi

☆ CNBC Daily Open: Wall Street unfazed by hot inflation data
▼ + stars: | 2024-03-01 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nikkei nears record levelJapan's Nikkei 225 closed just shy of the 40,000 level, hitting a fresh record high of 39,910.82, up 1.9%. Overnight, Wall Street ended on a high note as the Nasdaq Composite hit its first closing record since November 2021, rising 0.9%. [PRO] Europe's 'Super 7'Citi picked "Super 7" European stocks that it said are similar to the "Magnificent 7" U.S. technology stocks but have cheaper valuations leaving more room for them to rise.

Persons: Bob Parker Organizations: CNBC, Nikkei, CSI, Nasdaq, Dow, Ministry of Commerce, Capital Markets Association, Citi Locations: China, U.S, Europe

☆ Citi names 'Super 7' global stocks similar to the Magnificent 7 — but cheaper
▼ + stars: | 2024-03-01 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Citi has identified European stocks it says are similar to the high-flying " Magnificent Seven " U.S. technology stocks, but trade at cheaper valuations leaving more room for them to rise. Citi's resulting Super Seven picks are Novo Nordisk , ASML , LVMH , SAP , Schneider Electric , Richemont and Ferrari . All of the stocks stocks also trade in the United States. Despite the rally over the past year, Citi points out that as a group, the Super Seven have lagged the Magnificent Seven, with 70% less appreciation since early 2023, leaving more upside potential. Looking ahead, Citi said the Super Seven was well positioned to continue outperforming should current "narrow" market conditions persist, and cautioned against selling stocks on the basis of a narrow market leadership.

Persons: Beata M, — CNBC's Charlotte Reed Organizations: Citi, Nvidia, Apple, Microsoft, Meta, Novo Nordisk, ASML, SAP, Schneider, Ferrari Locations: Europe, LVMH, United States

☆ S&P on pace to score fourth month of consecutive gains. History tells us what could come next
▼ + stars: | 2024-02-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

The S & P 500 is ending February with a gain of almost 5%. S & P 500: Four big months November: up 8.9% December: up 4.4% January: up 1.6% February: up 4.6% The November gain of 8.9% was one of the 20 best monthly performances in history. The S & P has advanced about 5% since passing the old January 2022 historic high, which it crossed on Jan. 19, this year. Put another way: the S & P has recovered all the bear market losses from the old high in January 2022 to the bear market bottom in October 2022, and added another 5%. "Yet it also offers encouragement that no post-recovery selloff saw the start of a new bear market before rebounding and proceeding onto additional new highs."

Persons: Steve Starker, Todd Sohn, Eli Lilly, Nicholas Colas, Sam Stovall Organizations: Nvidia, P, Technology, Services, Care, Broadcom, Communication Services, Meta, Health Care, Merck, Depot, Costco, JPMorgan, Mastercard, Berkshire Hathaway, Research Locations: BTIG

☆ 36% of homebuyers and sellers don’t know they can negotiate real estate agent fees. Here’s how to do it
▼ + stars: | 2024-02-29 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

In this article TREE Follow your favorite stocks CREATE FREE ACCOUNTFuse | Corbis | Getty ImagesHow real estate agent commissions workIn 2023, the average commission was 5.37%, LendingTree found. Yet 48% of homebuyers and sellers didn't know how much their agent received in commission for their latest home transaction, according to LendingTree. "[Real estate agents] are doing a lot of work behind the scenes that isn't necessarily [or] immediately apparent to sellers and buyers," he said. How to negotiate real estate agent feesWhile real estate agents must be upfront with their fees, buyers and sellers should make sure to ask questions about what they are charging and why. If you're working with a dual agent, or a real estate agent who's representing both the buyer and seller, you might point out to them that they don't have to split the commission with anyone.

Persons: LendingTree Organizations: Federal Reserve, National Association of Realtors . Technology, Antitrust

☆ Opinion | The Mystery of White Rural Rage
▼ + stars: | 2024-02-26 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

Will technological progress lead to mass unemployment? People have been asking that question for two centuries, and the actual answer has always ended up being no. It’s a big part of what has happened to rural America. This process and its effects are laid out in devastating, terrifying and baffling detail in “White Rural Rage: The Threat to American Democracy,” a new book by Tom Schaller and Paul Waldman. Technology is the main driver of rural decline, Schaller and Waldman argue.

Persons: ”, Tom Schaller, Paul Waldman, Schaller, Waldman Organizations: Democracy, Technology Locations: America

☆ Google Is Giving Away Some of the A.I. That Powers Chatbots
▼ + stars: | 2024-02-21 | by ( Cade Metz | Nico Grant | ) www.nytimes.com time to read: +1 min

Now, in an indication that critics of sharing A.I. Google released the computer code that powers its online chatbot on Wednesday, after keeping this kind of technology concealed for many months. Much like Meta, Google said the benefits of freely sharing the technology — called a large language model — outweighed the potential risks. The company said in a blog post that it was releasing two A.I. language models that could help outside companies and independent software developers build online chatbots similar to Google’s own chatbot.

Persons: Meta, Gemma 2B, Gemma 7B Organizations: Google

Search resuls for: ". Technology"

25 mentions found