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☆ The Folger Library Wants to Reintroduce You to Shakespeare
▼ + stars: | 2024-06-21 | by ( Jennifer Schuessler | ) www.nytimes.com time to read: 1 min

Social media is awash with pictures of jaw-dropping libraries, elaborately styled home bookshelves and all manner of drool-worthy Library Porn. But for understated dazzle, it’s hard to compete with a wall in the new basement galleries of the Folger Shakespeare Library in Washington, D.C.For decades, the library’s 82 copies of Shakespeare’s First Folio — the largest collection in the world — were locked away in a vault, with access granted only to select scholars. But now, anyone can enter the public galleries and see them displayed in a special wall case, laid flat with spines out. In the dim, curatorially correct lighting, they glow like some kind of mysterious dark matter. But during a preview of the building, which reopens this weekend after a four-year, $80 million expansion, the Folger’s director, Michael Witmore, reached for a sunnier metaphor.

Persons: Michael Witmore Organizations: Folger Shakespeare Library Locations: Washington ,

☆ Goldman Sachs: 37 non-tech stocks destined to be long-term winners of the AI boom
▼ + stars: | 2024-06-19 | by ( James Faris | ) www.businessinsider.com time to read: +1 min

Investors still have an insatiable appetite for AI, as Nvidia is now the world's most valuable firm. Goldman Sachs shared 37 stocks outside of the tech sector that can be AI winners. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: Goldman Sachs, —, what's Organizations: Nvidia, Service, Business Locations: Santa Clara

☆ This Gen Z Google intern is spending her third summer at the tech giant. Here are her tips for securing a return offer.
▼ + stars: | 2024-06-16 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

This summer, she's working with Google Photos on the Android development side in New York City. Qi recommends applying for a Google internship sooner rather than later, as she feels there can be an advantage to interviewing early in your college career. At the end of each internship, Qi said hosts have to complete a review of how the intern performed. Advertisement"I was walking through all the offices and I would be stunned, my jaw on the floor every day," Qi said. Socialize with your teamInternational Intern Day in 2023 is one of many events that Google offers.

Persons: —, Nancy Qi, she's, Qi, She's, Nancy Qi Qi Organizations: Service, Columbia, Google, Google's, Business, Nancy Qi Google Locations: New York City, Sunnyvale

☆ New pterosaur species discovered by Australian farmer
▼ + stars: | 2024-06-13 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —An amateur paleontologist has discovered a new species of pterosaur, a flying reptile that lived alongside dinosaurs around 100 million years ago. Kevin Petersen, an avocado farmer and curator of the Kronosaurus Korner fossil museum in northwest Queensland, Australia, unearthed a number of fossilized bones in western Queensland in 2021. Fewer than 25 sets of pterosaur remains belonging to four species have been found in Australia since the 1980s, while more than 100 sets have been found in Brazil and Argentina. In finding Haliskia, Petersen found the most complete specimen of any pterosaur discovered in Australia to this day, Pentland said in the statement, praising Petersen for his “careful preparation” of the remains. “I’m thrilled that my discovery is a new species, as my passion lies in helping shape our modern knowledge of prehistoric species,” he said in the statement.

Persons: Kevin Petersen, Korner, Haliskia, Adele Pentland, ” Pentland, Pentland, ”, Petersen, “, Kronosaurus Korner, “ I’m, Palaeontologists, Victoria – Organizations: CNN, Curtin University, Curtin’s School of, Planetary Sciences Locations: Queensland, Australia, Perth, Brazil, Argentina, Australian, Victoria

☆ Apple is introducing a kinder, gentler AI. Just don't call it artificial intelligence.
▼ + stars: | 2024-06-11 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

AdvertisementIt's not 'artificial intelligence,' it's 'Apple Intelligence'And in Apple's new AI world, we start with one rule: Don't call it "artificial intelligence." It's "Apple Intelligence." Apple Intelligence can perform simple and useful functions. Apple Intelligence wasn't mindblowingStill, some of the other generative things were purely goofy/cutesy, like the AI version of Memoji. AdvertisementNothing was mindblowing or a totally radical new way of using artificial Apple Intelligence.

Persons: —, Scarlett Johansson's, Scarlett Johansson, Siri, It's, Apple Organizations: Service, Business, Apple, Apple Intelligence, Gmail Locations: —

☆ Boeing Starliner, SpaceX Starship missions hit key spaceflight goals
▼ + stars: | 2024-06-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Chris O'Meara/APAfter lifting off Wednesday, Starliner and its first human crew set a course for the International Space Station. “We’re just happy as can be to be up in space,” Williams said. “One could be a warning sign — you’re in our backyard, you better behave yourself. The dinosaur-discovering family returns to the site in July 2023 for the excavation, including (clockwise from upper left) Sam Fisher, Emalynn Fisher, Danielle Fisher, Liam Fisher, Kaiden Madsen and Jessin Fisher. They find wonder in planets beyond our solar system and discoveries from the ancient world.

Persons: Chris O'Meara, Butch Wilmore, Suni Williams, We’re, ” Williams, —, ”, Philip Riris, ” Dino, Sam Fisher, Emalynn Fisher, Danielle Fisher, Liam Fisher, Kaiden Madsen, Jessin Fisher, Jessin, Liam, Genyornis newtoni, Jacob C, newtoni, George Frandsen, Ashley Strickland, Katie Hunt Organizations: CNN, SpaceX, eventual, Boeing, Atlas, Cape Canaveral Space Force, International Space, NASA, Bournemouth University, Denver Museum of Nature, Denver Museum of Nature & Science, — Engineers, NASA’s Hubble, CNN Space, Science Locations: Florida, Starliner, Venezuela, Colombia, England, Australia, Williams , Arizona

☆ Hiking family discovers rare T. rex fossil
▼ + stars: | 2024-06-07 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

Now, the museum has unveiled what it calls “Teen Rex,” a rare juvenile T. rex skeleton, one of only a handful in existence. We had cameras rolling while it was happening.”The dinosaur-discovering family returns to the site in July 2023 for the excavation, including (clockwise from upper left) Sam Fisher, Emalynn Fisher, Danielle Fisher, Liam Fisher, Kaiden Madsen and Jessin Fisher. A lower jaw of the T. rex skeleton is uncovered during the 11-day excavation. Courtesy Denver Museum of Nature and Science“That’s been a fiercely fought out debate, the Nanotyrannus versus Tyrannosaurus Rex,” Lyson said. “Tyrannosaurus isn’t common and juvenile dinosaurs are incredibly rare, so young T. rex are the rarest of the rare,” he said.

Persons: Liam Fisher, Sam Fisher, Jessin, Liam, Kaiden Madsen, hollered, Kaiden, ” Liam, “ Dad, ‘, Fisher, Tyler Lyson, “ Teen Rex, ”, Lyson, “, Emalynn Fisher, Danielle Fisher, Jessin Fisher, Hawk, Rex, That’s, Tyrannosaurus Rex, ” Lyson, It’s, Nick Longrich, Nanotyrannus, Longrich, I’ll Organizations: CNN, Denver Museum of Nature, Denver Museum of Nature &, Denver Museum of Nature & Science, University of Bath Locations: North Dakota, Denver, United Kingdom

☆ How to sleep like a millionaire: a 5-part guide
▼ + stars: | 2024-06-05 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +5 min

Longevity investor and XPrize founder Peter Diamandis uses a relatively elaborate multi-part system for getting better sleep. Martine Paris"The Oura ring doesn't help me sleep better," Diamandis said. "It helps me remain true to my commitment," by encouraging him to get at least seven hours of sleep per night. Carlina Teteris/Getty ImagesThe most important element of Diamandis' sleep routine is the timing. Sticking to this strict sleep schedule is the only way he can guarantee he gets close to eight hours of sleep each night.

Persons: —, Peter Diamandis, it's, Diamandis, you'll, Kim Kardashian, Prince Harry, Mark Zuckerberg, Gwenyth Paltrow, Lance Armstrong, Martine Paris, Oura, Elon Musk, Mark Zuckerburg, Tim Ferriss, Carolyn Van Houten, he's Organizations: Service, Business, Washington, Getty

☆ How Roaring Kitty's wealth went from $53,000 to nearly $300 million — and could one day top $1 billion
▼ + stars: | 2024-06-04 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Pavlo Gonchar | Lightrocket | Getty ImagesAlmost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. By the end of the jaw-dropping episode in April 2021, Gill exercised his call options position to have 200,000 common shares. Put another way: If the stock closes above $20 that day, Gill could exercise the options at $20 apiece, leaving him owning an additional 12 million shares. A total of 17 million shares would make him the fourth-biggest shareholder in GameStop, coming in behind Vanguard, BlackRock and Ryan Cohen's RC Ventures, according to FactSet. Zoom In Icon Arrows pointing outwardsThe notional value, if exercised, would be $240 million worth of stock bought at $20.

Persons: Keith Gill, Pavlo Gonchar, Gill, Michael Khouw, Khouw, Morgan Stanley's, Ryan Cohen's Organizations: GameStop, Lightrocket, Street Journal, CNBC, Vanguard, BlackRock, Ryan Cohen's RC Ventures

☆ Extinct ‘thunder bird’ from Australia was a giant goose, skull reveals
▼ + stars: | 2024-06-03 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +8 min

CNN —For more than a century, scientists have been unsuccessfully hunting for skull fossils for the thunder bird species Genyornis newtoni. Now, the discovery of a complete G. newtoni skull has resolved this longstanding mystery, giving scientists their first face-to-face encounter with the massive mihirung. Pictured here is the skull of G. newtoni, which is helping resolve a long-standing mystery about the giant bird's face. The illustration also highlights how G. newtoni stacks up sizewise to its closest relative, Anhima cornuta (nearest to G. newtoni) and the cassowary (not related). From there, he constructed a scaffold that was consistent across multiple skull fossils.

Persons: newtoni, Larry Witmer, ” Witmer, “ It’s, ”, Witmer, Phoebe McInerney, ” McInerney, “ Genyornis, Genyornis, dromornithids, Anhima, Jacob Blokland, ” Blokland, Blokland, McInerney, Blockland, ” Mindy Weisberger Organizations: CNN, Flinders University G, Ohio University, “, Flinders University, Flinders Palaeontology, Flinders University Big, Scientific Locations: Australia, Australia’s, it’s, South Australia, South America, “

☆ Travelers are booking open-jaw flights to Europe to save money and extend trips. A travel advisor explains how it works.
▼ + stars: | 2024-05-31 | by ( Joey Hadden | ) www.businessinsider.com time to read: +4 min

"But in the past nine months, open-jaw flights have been less expensive and offer additional flexibility for seeing multiple destinations without being rushed." Manuel Romano/NurPhoto via Getty ImagesBhagwan told BI that she often suggests open-jaw flights for clients, especially those traveling to Europe. BI previously reported that these flights are typically cheaper than one-way flights. And a train from Rome to Barcelona may cost around $80, according to Rail Europe, so open-jaw flights would save $220. AdvertisementTraveling to Europe can be expensive, but open-jaw flights can make them more affordable when visiting multiple cities.

Persons: —, Sonia Bhagwan, Manuel Romano, Bhagwan Organizations: Service, Business, Getty Images Bhagwan, Google, Rail Locations: Europe, Rome, England, Spain, Italy, NYC, Barcelona, Rail Europe, Indianapolis, Paris, Madrid

☆ An unofficial Lego event filled with 'empty space and piles of loose Lego' has been compared to the infamous Willy Wonka experience
▼ + stars: | 2024-05-31 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Brick Fest Live was promoted as the "UK's biggest Lego festival." Instead, the "bleak" convention hall left fans feeling like they'd been conned. The event is being compared to the disastrous Willy Wonka experience that went viral for being so bad. AdvertisementBritish Lego fans were left feeling less than impressed last weekend after a convention dubbed the "UK's biggest Lego festival" turned out to be a "bleak" half-empty room. Brick Fest Live UK was held from May 25 to 27 in the British city of Birmingham.

Persons: Willy Wonka, — Organizations: Service, Fest, Business Locations: British, Birmingham

But in closing arguments, one of Mr. Bragg’s prosecutors said that Mr. Cohen had told his lies for Mr. Trump. After the election, Mr. Pecker testified, Mr. Trump summoned him to Trump Tower. The ShowdownEven that did not prove that Mr. Trump had falsified records to disguise his reimbursement of Mr. Cohen. Mr. Trump washed his hands of Mr. Cohen, who turned on the man he had once idolized. Mr. Blanche also argued that Mr. Cohen had profited from his hatred for Mr. Trump with two books and a lucrative podcast deal.

Persons: Donald J, Trump, Juan M, Merchan, anoints, Alvin L, Bragg, Trump’s, Stormy Daniels, Michael D, Cohen, Eduardo Munoz, Daniels, Mr, Michael Cohen, ”, Joshua Steinglass, Cohen “, ” Mr, glowered, Mike Johnson, Biden, “, Donald Trump, Dave Sanders, Biden’s, Todd Blanche, Blanche, Todd Heisler, David Pecker, Pecker, nonchalantly, Hope Hicks, Hicks, Ms, The New York Times “, Justice Merchan, “ You’re, ” Ms, Allen H, Weisselberg, Susan Hoffinger, Cohen’s, Joe Piscopo, giddily, Hoffinger, Jean Carroll, Bragg’s, Wesley Parnell, Michael Rothfeld Organizations: White, Republican, Convention, Office, Reuters, Mr, Credit, The New York Times, Democratic, New York Times, National Enquirer, Trump, Playboy, Street Journal, New, Hells Angels Locations: American, Manhattan —, Lower Manhattan, —, Florida, Washington, Georgia, New York, Manhattan, Trump’s Midtown Manhattan, Tahoe, Nev, America

☆ Reconstructing skulls brings Scotland’s ancient faces back to life
▼ + stars: | 2024-05-30 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —As visitors explore the recently opened Perth Museum and Art Gallery in Scotland, they come face-to-face with the past. Perth Museum, Culture Perth & Kinross/Chris Rynn“The excavator speculated that a desperate injury had been inflicted that possibly caused the individual’s death,” according to information that the museum shared. Perth Museum, Culture Perth & Kinross/Chris RynnEach skull took about 50 hours to reconstruct. After reconstructing each skull digitally, Rynn added layers of tissue, estimating tissue depths by studying each skull’s shape. At the end of his reconstructions, Rynn used an algorithm to animate the faces, allowing them to blink or change expressions.

Persons: Chris Rynn, Mark Hall, I’ve, ” Rynn, Hall, we’ve, what’s, ” Hall, you’ve, “ Organizations: CNN, Perth Museum, Art, Perth, Culture, Kinross, of Aberdeen Locations: Scotland, Kinross, Culture Perth, Perth, Perthshire, Scotland’s

☆ Ignore Nvidia's '2000-like valuation' and ride the market's AI-driven momentum by making these 8 hot investments, according to a rally-calling professional trader
▼ + stars: | 2024-05-30 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Ironically, Salama sympathizes with Nvidia skeptics about the company's valuation, which he said is in "nosebleed territory." Stocks will shatter expectations — and recordsLike AI-focused companies, US stocks aren't cheap but can continue to charge higher. Other investments to consider are companies tied to AI champion Nvidia, including server builder Super Micro Computer (SMCI) and venerable computer company Dell (DELL). AdvertisementOutside AI, Salama is incredibly bullish about bitcoin (BTC) during its mammoth rally and companies tied to cryptocurrencies, including Coinbase (COIN) and Robinhood (HOOD).

Persons: —, Leon Cooperman, Cooperman, that's, John Salama, Salama, Salama's, doesn't, OpenAI Organizations: Service, Nvidia, Business, Trading, Microsoft, Apple, Micro, Dell, Coinbase Locations: bitcoin

☆ Bill Walton, one of basketball’s most eccentric characters, dies at 71
▼ + stars: | 2024-05-27 | by ( Jason Quick | ) www.nytimes.com time to read: +15 min

There was the satisfaction and appreciation of a team coming together to win the 1977 NBA title. The next day, before a Trail Blazers home game, Walton explained his emotions to a group of reporters. I regret the circumstances in which I left the Portland Trail Blazers’ family. “The Portland Trail Blazers deplore Bill Walton’s statement calling for the rejection of the United States Government. “And you are never the same again.”Related reading(Top photo of Bill Walton: NBA Photos / Getty Images)

Persons: Bill Walton, Walton, Adam Silver, Bill, Bill’s, Lori, Adam, Nate, Luke, Chris, ”, ” Walton, “, Ted Kulongoski, it’s, Jack Ramsay, Hank Delespinasse, Robert Parrish, Ricky Pierce, Eddie Johnson, Larry Bird, Kevin McHale, Steve James, Bird, Walton . Bird, James, ” James, Dave Twardzik, Tom Shanahan, don’t, Jack, Micki Scott, Patty Hearst, Walton’s, Herman Sarkowsky, Larry Weinberg, Harry Glickman, Bill Walton’s, Arthur Ashe, Kareem Abdul, Jabbar, Bill Russell, Muhammad Ali …, White, Hal Bock, …, Marty Glickman, —, Bill Walton's, Sir Isaac Newton’s, Fabricio Roberto, you’ve, Taylor, ” “ John Stockton Organizations: Fame, NBA, UCLA, Portland Trail Blazers, Boston Celtics, Naismith Hall of Fame, Blazers, The Athletic, Trail Blazers, Celtics, NCAA, Memphis State, Florida State, Getty, Philadelphia, Portland, LA Clippers, Sixth, Walton, Athletic, Associated Press, Wilshire, FBI, Scotts, Symbionese Liberation Army, United, United States Government, National Basketball Association, “ Sports, The Associated Press, New York Knicks, Prime Ticket Network, NBC, ABC, CBS, FOX, ESPN, Turner Sports Locations: La Mesa, Calif, Portland, Oregon, “, Blazermania, Los Angeles, Vietnam, United States, San Francisco, Walton, Utah, America

☆ US lawmakers call for DOJ, IOC investigations into Chinese doping before Olympics
▼ + stars: | 2024-05-23 | by ( Amy Woodyatt | George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —A doping case involving 23 Chinese swimmers took a diplomatic twist on Wednesday after US lawmakers called on the US Department of Justice and the International Olympic Committee to launch inquiries into the controversy. The Chinese swimmers tested positive for trimetazidine, a banned performance-enhancing substance, several months before the Tokyo Olympics – a tournament at which they were allowed to compete in, and went on to win medals at, according to a report from the New York Times released in coordination with German public broadcaster ARD. In a statement released Wednesday, the lawmakers called for an assessment as to whether the alleged doping was “state-sponsored,” adding that could warrant further diplomatic measures by the United States and the international community. CNN has reached out to the Department of Justice, the IOC and WADA for comment. Trimetazidine has the potential to boost endurance and has been banned by WADA since 2014.

Persons: ”, Raja Krishnamoorthi, John Moolenaar, WADA, “, ” WADA, Sarah Hirshland, Witold Banka, …, Trimetazidine, CHINADA Organizations: CNN, US Department of Justice, International Olympic Committee, Tokyo, New York Times, ARD, Olympic, Chinese Communist Party, Doping Agency, Department of Justice, IOC, European Medicines Agency, EMA, Canadian Olympic Committee, Paralympic, ”, CHINADA, Xinhua Locations: People’s Republic of China, Russia, United States, Paris, China, ”, trimetazidine

☆ Transition to next-generation AI chips and 2 other pressing questions ahead of Nvidia's earnings
▼ + stars: | 2024-05-22 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Nvidia's Hopper chips include the H100, which was announced in 2022 and faced severe supply shortages last year as the AI gold rush intensified. Tuesday's AWS news represents a pushout in demand for Nvidia chips, not a loss of it. That would be the so-called "digestion" phase for AI chips that Wall Street has been speculating about since last year. If anything, AWS deciding to wait for the more-powerful Blackwell chips could mean the digestion phase is further out on the horizon than initially thought. Unlike last year, when Nvidia's chips were in such short supply, there are now rival chips out there, such as AMD's MI300X, which is angling for a corner of the inferencing market .

Persons: you've, it's, Jim Cramer, Hopper, Blackwell, Nvidia's Hopper, There's, Grace Hopper Superchip, Kimberly Powell, Powell, Jim Cramer's, Jim, Jensen Huang, Justin Sullivan Organizations: Nvidia, Blackwell, Amazon Web Services, CNBC, NVIDIA, AWS, Club, SAP Center Locations: Hopper, Ceiba, San Jose , California

☆ Hedge funds are getting selective with megacap tech, falling out of love with Tesla and Apple
▼ + stars: | 2024-05-21 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Stock-picking hedge funds have become more selective on megacap technology stocks after their drastic rallies, according to VerityData. The research firm identified "fundamental" hedge funds that disclosed 10 to 300 holdings and aggregate holdings of at least $100 million in recent 13F filings. Microsoft continued to be the most popular stock among those hedge funds, extending its No.1 status to a seventh quarter, according to the data. Several hedge funds also flocked to Nvidia despite its jaw-dropping advance over the past year, the data said. Less popular On the flip side, hedge funds dialed back their exposure to Alphabet and Apple last quarter.

Persons: Tesla, weathers Organizations: Microsoft, Nvidia

☆ Why I Quit Goldman Sachs' Rigid, Male-Dominated Culture
▼ + stars: | 2024-05-21 | by ( Lindsay Macmillan | ) www.businessinsider.com time to read: +11 min

The lack of female leadership in the financial industry is nothing new, but many companies have been making strides. But as I watch senior women continue their exodus from Goldman, I'm not sure the company actually wants to change. While many companies have modernized to embrace hybrid and remote work, Goldman has not. Rather than changing its "be in the office every day and grind it out" culture to better suit women, Goldman puts the onus on us to change ourselves to fit the model. But Goldman leadership seems to want the benefits of gender diversity without the hard work of supporting diverse leadership styles.

Persons: Goldman Sachs, —, Dina Powell McCormick, Beth Hammack, Stephanie Cohen, Goldman, I'd, It's, it's, Morgan Stanley, Jamie Dimon, David Solomon, I'm, hadn't, Julia Boorstin, — Goldman, I've, she's, Asahi Pompey, Yassaman Salas, Rebecca Anderton, Davies, Lindsay MacMillan Organizations: Street Journal, Goldman, Citi, JPMorgan, International Workplace, McKinsey, LinkedIn, CNBC, Deloitte, Asahi Locations: Canada, London, New York

☆ We took our 7-year-old son to Waikiki for our 10th wedding anniversary. We catered the trip to us, not him.
▼ + stars: | 2024-05-19 | by ( Nicole Findlay | ) www.businessinsider.com time to read: +5 min

Since the vacation was about our marital milestone, we catered the trip to us, not our 7-year-old. AdvertisementThe family stayed at the Royal Hawaiian. In my husband's opinion, they also made the best mai tai on the island, rivaling those at the Royal Hawaiian. Though they didn't cater the trip to their 7-year-old son, he still had a great time. But this family trip is one I'll never forget, and not only because my husband's new morning uniform is his recently acquired Royal Hawaiian pink and white striped hotel robe.

Persons: —, Nicole Findlay, It's, Mai, tacos, Merriman's, he'd Organizations: Service, Business, US Army Coastal Artillery, Head Locations: Pacific, Hawaii, Oahu, Waikiki, Honolulu, Mai Tai

☆ Trump’s Criminal Trial, Explained
▼ + stars: | 2024-05-17 | by ( Jonah E. Bromwich | ) www.nytimes.com time to read: +2 min

Stormy Daniels was on the witness stand, Donald Trump was at the defense table and I could feel a queasy energy flow through the Manhattan courtroom. This is the third of Trump’s trials that I’ve covered, but there’s still something striking about seeing a ubiquitous media figure in the flesh. Trump is not on trial for sleeping with Daniels, which he denies, or for paying her to keep silent. Even though it’s a documents case, the trial has thrummed with high-octane moments like his face-off with Daniels. Each time the prosecution calls a witness, rows of onlookers watch a figure from Trump’s past swear an oath that could threaten his future.

Persons: Stormy Daniels, Donald Trump, Daniels, I’ve, Trump, it’s Organizations: Trump, Prosecutors Locations: Manhattan, today’s

☆ 'This is what you live for': How to handle GameStop's jaw-dropping swings as meme stocks make a comeback, according to a momentum-obsessed technical strategist
▼ + stars: | 2024-05-15 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

He believes the stock market is rational — even when it doesn't appear to be. Related stories"The market is ruthlessly efficient, both long term and short term," Lundgren said. The strategist added: "The market doesn't care one iota about fundamentals in the short term. Like any market, stock exchanges determine prices based on what buyers and sellers will pay and sell for. Just because it's taking place in a mall doesn't make that mall an insane asylum."

Persons: —, Tuesday's, Redditors, David Lundgren, Lundgren, who's, that's, It's, Benjamin Graham, Mark Minervini Organizations: Service, GameStop, Business, Street, MOTR Capital Management & Research, Little Harbor Advisors, AMC

☆ GameStop short sellers have already lost $1 billion from Monday's monster rally
▼ + stars: | 2024-05-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The jaw-dropping rally in GameStop on Monday has already caused losses of $1 billion for short sellers, according to data from S3 Partners. "Expect short covering in this stock as it already had a 100/100 squeeze score prior to today's trading," said Ihor Dusaniwsky, S3 managing director of predictive analytics. Currently, the short position in GameStop shares amounts to more than 24% of all its shares that are freely available to trade, also known as the float, according to FactSet. Including Monday's losses, short sellers in GameStop have lost $1.43 billion in May alone, according to S3. "Short sellers may be in for a bumpy and bloody ride in these stocks," Dusaniwsky said.

Persons: Ihor, Roaring, Keith Gill, Dusaniwsky, Reddit, — CNBC's Scott Schnipper Organizations: GameStop, New York Stock Exchange, S3 Partners, Partners, AMC

☆ The revived craze for GameStop is confusing Wall Street. It's 'not in a position to be profitable'
▼ + stars: | 2024-05-13 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

The return of "Roaring Kitty" sparked a jaw-dropping advance in GameStop shares Monday, but such a speculative rally in an unprofitable company will likely end badly once again. Roaring Kitty, the man who inspired the meme stock mania of 2021, resurfaced online with a cryptic image showing a man in a chair leaning forward. GME 5D mountain GameStop Pachter has a underperform rating on GameStop and a $5.60 price target. At Monday's peak, GameStop hit $38.20. During 2021's mania, GameStop shares hit an all-time high of $120.75 intraday, adjusted for a subsequent 4-for-1 stock split in the summer of 2022.

Persons: Kitty, Michael Pachter, Pachter, Jeff deGraaf, he's, deGraaf, Jerome Powell, Bernstein, Mark Schilsky Organizations: GameStop, CNBC, Federal Reserve, Macro

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