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The earnings from Salesforce and Broadcom follow a rough patch for technology stocks that began in mid-July. .SPX AVGO,CRM 3M mountain The S & P 500's performance versus Broadcom and Salesforce over the past three months. Salesforce For the three months ended July 31, Wall Street expects Salesforce's revenue to jump more than 10% year-over-year, to $8.53 billion, according to Refinitiv. Broadcom's AI exposure currently falls into two primary buckets. While Broadcom's AI networking business is no doubt fast-growing, Vinh noted there are headwinds within other pockets of its wide-ranging semiconductor business, such as traditional enterprise networking and broadband.
Persons: Wednesday's, SPX, Scott Berg, Berg, Wells Fargo, , Salesforce, Needham's Berg, Hock Tan, Bard chatbot, John Vinh, Bard, Vinh, Jim Cramer's, Jim Cramer, Jim, Mike Blake Organizations: Club, Broadcom, Wall, Needham &, CNBC, Salesforce, Google, Jericho, UBS Locations: Irvine , California
Can the T-Shirt Be Perfected?
  + stars: | 2023-08-27 | by ( Grace Cook | ) www.nytimes.com   time to read: +1 min
About five dozen people lost jobs when Stitch Fix ceased operations at the factory and mill in November, Mr. Ford said. By March, the facilities had reopened as Buck Mason Knitting Mills, and several of the employees who had worked at them for Stitch Fix had been rehired. The cloth mill in Shillington has started to produce fabrics for Buck Mason’s T-shirts and other tops using cotton grown in California, Georgia and Texas. Albert Bareika, who was hired by Buck Mason as the mill’s knitting lead in January, said there were plans to release a limited-edition T-shirt made with fabric produced at the facility on a 1940s-era Singer Supreme machine. Its Singer Supreme machine is one of a few still in operation, added Mr. Bareika, 66, who lives in nearby Leesport, Pa., and had previously worked for Stitch Fix at the mill.
Persons: Ford, , Buck Mason Knitting Mills, Buck Mason’s, Albert Bareika, Buck Mason, Bareika, , Pleam Organizations: Singer Locations: Shillington, California , Georgia, Texas, Leesport, Pa, Mohnton, Berks County
"It doesn't matter whether you're an energy client, or a consumer products client, or a retail client, there is something about this megatrend that is going to impact your business model, your business," Variankaval told CNBC. Right now, Variankaval says, it's too soon to know exactly which climate tech companies are going to the winners and losers. It's a multi decade-long process," Variankaval told CNBC. In some segments of climate tech, there are debates about which solutions are better than others that take on a near religious fervor. So you need to diversify in terms of technologies, but also in time horizons," Variankaval told CNBC.
Persons: Rama Variankaval, decarbonization, Variankaval, Megatrend, , Joe Biden, Sen, Joe Manchin, Chuck Schumer, James Clyburn, Frank Pallone, Kathy Catsor, Drew Angerer, Biden, signe, It's, it's, That's, We're Organizations: JP Morgan Securities LLC, Aspen, Bloomberg, Getty, JPMorgan Chase, CNBC, JPMorgan, United Nations, Carbon, SC, White, Federal Reserve Locations: Miami Beach , Florida, Paris, decarbonization, United
But can the runaway success of “Barbie” reshape Hollywood? I’m too cynical to think studio executives will learn all the right lessons from it. Still, “Barbie” proved at least five things to be true, if decision makers are willing to think outside the pink box. A summer movie can be smartly writtenWe count on summer movies to deliver spectacle, but how many also come with a witty, thoughtful script? “Barbie,” by contrast, feels totally thought through instead of frantically rewritten.
Persons: Greta Gerwig’s, Barbie ”, Mario, it’s, Jim Carrey, “ Barbie, they’ll, “ Barbie ”, “ Frances Ha ”, America, Gerwig, Noah Baumbach, Barbie Organizations: Mario Bros
How Cooking Videos Took Over the World
  + stars: | 2023-08-07 | by ( Priya Krishna | Umi Syam | ) www.nytimes.com   time to read: +9 min
Cooking videos have never been more persuasive, more inescapable, more addictive, more entertaining. How Cooking Videos Took Over The WorldVideos on TikTok with the #foodtok hashtag have been viewed more than 64 billion times. But cooking videos are not only an unavoidable part of being online — they’ve also infiltrated physical spaces. That is what makes these videos so engaging.”Today, there isn’t just one way to make a successful cooking video. But the evolution of cooking videos represents a broader shift: Algorithms and artificial intelligence increasingly drive everyday behaviors and can stifle creativity.
Persons: they’ve, Julia Child, Joyce Chen, , Ashley Rose Young, , John Gara, … TikTok, Covid, Sunny Xun Liu, , Bennett, Hetal Vasavada, soothingly, Althea Brown, Frankenfood, Gara, Bacon, Ahmad Alzahabi, Liu, Vasavada, that’s, they’re Organizations: Department of Motor Vehicles, Smithsonian Institution, Food Network, “ East, YouTube, Facebook, Stanford Social Media, Locations: New York City, United States, TikTok, Denver
Advanced chip packaging is a crucial technology that squeezes the most horsepower from the latest chip designs, and is crucial to chip contract manufacturers vying for business. The data from LexisNexis, released last month, indicates that TSMC and Samsung have steadily invested in advanced packaging technology for years, as Intel did not keep pace with its own filings. Packaging technology enabled the industry to stitch together several chips called "chiplets" - either stacked or adjacent to one another - within the same container. Samsung has been investing in advanced packaging for years but the South Korean chip giant established a dedicated team to pursue advanced packaging in December 2022, Moonsoo Kang, the unit's chief, said in a statement. Intel disputed the idea that the size of TSMC's patent portfolio indicated that it had developed more advanced technology.
Persons: Dado Ruvic, TSMC, , Marco Richter, Moonsoo Kang, Benjamin Ostapuk, Max A, Matthew Lewis Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Reuters, Samsung Electronics, Intel, LexisNexis, Samsung, Devices, Thomson Locations: San Francisco
ChatGPT, a publicly available language-learning AI, was not designed to create things like crochet or knitting patterns. Before we begin …A few notes on my methodology:For every crochet pattern I generated, I used the prompt “Create a crochet pattern for (blank).”I followed the crochet pattern exactly. At first glance, ChatGPT’s crochet patterns look and read exactly like a crochet pattern. In a traditional crochet pattern, instructions for assembly would note specific places and methods to attach pieces, along with photos or notes on particularly tricky steps. Theoretically, it would be possible to create AI that generated amazing crochet patterns, but that would require very specific training and programming.
Persons: , AJ Willingham, ChatGPT, ’ AJ Willingham, You’ll, Yoda ’ AJ Willingham, Yoda, Casey Miller, ” Miller, It’s, Antarctica ’ AJ Willingham, , Al Arab ’ AJ Willingham, CNN I’ll, Khalifa, you’ve, Eliot, don’t Organizations: CNN, Antarctica, Burj Al, Burj Locations: Kennesaw , Georgia, Antarctica, Al Arab, Al, Arab, Dubai, Burj, Arab’s
Maternity clothes can be a frustrating expense, but budgeting for them is possible if you plan ahead. It's usually better to wait until you're sure you'll need an item rather than getting everything early. You can buy used maternity clothes and sell or donate items you no longer need later. What kind of Mother's Day sale excludes maternity clothes? Inflation is high, and maternity clothes are typically neither FSA-eligible nor tax deductible.
Persons: , you'll, Belle, PinkBlush Organizations: Service, Navy Locations: Target
Stitch Fix Taps Former Macy’s, Walmart Exec as CEO
  + stars: | 2023-06-14 | by ( Robb M. Stewart | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, 11ed0c29 Organizations: walmart
Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Stitch Fix — The stock soared about 32% after the online personalized styling service company reported a narrower-than-expected loss for the fiscal third quarter. Stitch Fix posted a loss of 19 cents per share, compared with the 30-cent loss per share anticipated by analysts, according to Refinitiv. The company reported first-quarter earnings of $1.45 per share, while analysts polled by Refinitiv called for $1.24 per share. Revenue fell short of expectations, however, coming in at $597 million, versus the $602 million estimated by Wall Street.
Persons: Chris Licht, Buster's, Dave, Refinitiv, Morgan Stanley, Rosenblatt, Campbell, Canaccord Genuity, Coinbase, Wood, , Jesse Pound, Brian Evans, Darla Mercado Organizations: Amazon, Revenue, Warner Bros, Dave, Wall Street, GameStop, FactSet, Petrobras —, StreetAccount, U.S . Securities, Exchange Commission Locations: Refinitiv
Check out the companies making headlines in premarket trading. GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. NovoCure — The oncology company added 3.2% before the opening bell. Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results.
Persons: Morgan Stanley, Coinbase, Wood, NovoCure, Yext, CNBC's Hakyung Kim, Jesse Pound, Yun Li Organizations: Netflix, JPMorgan, GameStop, FactSet, Petrobras —, SEC, of Clinical Locations: Krakow, Poland, premarket
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 30, 2023. Stocks futures were flat in overnight trading after the S&P 500 notched its highest closing level of 2023. Dave & Buster's gained about 4% after the bell, while Stitch Fix added nearly 5%. S&P 500 futures and Nasdaq-100 futures traded flat. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023.
Persons: Buster's, Goldman Sachs, Morgan Stanley, Tuesday's uptrend, Adam Sarhan Organizations: New York Stock Exchange, Stocks, Dave, Dow Jones, Nasdaq, Merck, UnitedHealth, Investments, Campbell Soup, GameStop Locations: New York City, U.S
S&P 500 and Nasdaq-100 futures slipped 0.1% and 0.2%, respectively. The Dow finished Monday down about 0.6%, while the S&P 500 and Nasdaq Composite lost about 0.2% and 0.1%, respectively. Elsewhere, bank stocks slid following news that regulators are contemplating increasing capital requirements for large banks. Goldman Sachs and Bank of America each lost about 0.6% on Monday, while Morgan Stanley slipped around 0.7% and JPMorgan shares slid nearly 1%. The SPDR S&P Bank ETF dropped about 2.2%.
Persons: Apple, , Keith Buchanan, Goldman Sachs, Morgan Stanley Organizations: New York Stock Exchange, New York Stock, Dow Jones, Nasdaq, Dow, Big Tech, Intel, Apple, Globalt Investments, Bank of America, JPMorgan, P Bank Locations: New
U.S. equity futures were little changed Sunday evening after a broad-based rally last week that pushed the S&P 500 to its best week since March, and its highest level since last August. S&P 500 futures were higher by 0.09% and Nasdaq-100 futures hovered below the flat line. On Friday, stocks rallied to end the week following strong jobs data for the month of May. The Dow jumped 701.19 points, or 2.12%, for its best day since January, ending the week at 33,762.76. "Recent banking sector developments are also encouraging, and repeated signs of labor market strength are reducing the risk negative outcomes.
Persons: Dow, Joe Biden, Dow Jones, Mace McCain, Yung, Yu Ma, Smucker, Campbell Soup Organizations: Dow Jones, Nasdaq, U.S ., Labor Department . Public, Frost Investment Advisors, BMO, CNBC, Investors, Natural Foods, Signet Jewelers, PMI, Institute for Supply Management, Global, Mortgage, Association
It was a strong week for all three major stock indices, with the market bolstered Friday by strong jobs data and a deal in Washington to raise the U.S. debt ceiling. The S & P 500, the Nasdaq and the Dow Jones Industrial Average all finished the week roughly 2% higher. While Friday's rally broadened out beyond just the usual tech stocks, the Nasdaq ended Friday at its highest level since April 2022. This is the key data to look out for in the week ahead: Monday, June 5 9:15 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: payrolls, Biden, Investors, we've, Joann, JOAN, Ferguson, JM Smucker, Buster's, Campbell Soup, OLLI, Friday's, Jim Cramer's, Jim Cramer, Jim, Anna Moneymaker Organizations: U.S . Labor Department, Nasdaq, Dow Jones Industrial, Organization of Petroleum, Monday Club, Apple, PMI, THOR Industries, ABM Industries, Academy Sports, Ciena Corp, Foods, GameStop, Signet Jewelers, SIG, Company, Brands, Vail Resorts, MTN, Labor, Federal Reserve, U.S, West Texas, Treasury, Jim Cramer's Charitable, CNBC, Capitol, Getty Locations: Washington, OPEC, Vienna, China, U.S, Washington , DC
That opening is on par with the $91 million "Aladdin" secured in 2019 on its way to more than $1 billion at the global box office. Audience buzz has become an increasingly important factor in box office success in the wake of the pandemic. Those that skip out on seeing a film during its opening weekend can be enticed to cinemas by positive chatter, helping to bolster the film's overall box office. The studio, which is known for its animated content, saw two of its recent releases — "Lightyear" and "Strange World" — flounder at the box office. Although there were two live-action films based on "101 Dalmatians" in 1996 and 2000, Disney didn't start producing these remakes in earnest until 2010's "Alice in Wonderland."
Persons: Alice, Maleficent, Lilo, Shawn Robbins, it's Organizations: Disney, Universal Pictures, DreamWorks Animation, BoxOffice.com Locations: Wonderland
This year the Parsons School of Design teamed up with Roblox, an online gaming platform, for a design course. The course aims to prepare students for a fashion world that's increasingly merging with the digital world, The Verge reported. Digital designs on platforms like Fortnite have already proved to be profitable on these platforms. The digital fashion sector will be worth $50 billion by 2030, according to Morgan Stanley. And luxury fashion brands, including Gucci and Burberry, are already designing for the metaverse and Roblox, Insider reported.
Josh and Arran Stewart quit their jobs in March to focus full-time on their side hustle. They started clothing brand Illicit Bloc with about $2,500 after being furloughed in the pandemic. After being furloughed, the brothers decided to launch their clothing brand, Illicit Bloc, as a side hustle in April 2020. After the brand started gaining some traction last year, the brothers from Buckinghamshire in England realized it might be time to focus on their side hustle full-time. Arran and Josh Stewart work together on the design and sampling.
The International Space Station passes the sun in a gorgeous portrait by photographer Andrew McCarthy. Can you spot the space station in this portrait of an increasingly active sun? It erupts high-energy radiation into space, some of which slams into the International Space Station rocketing around Earth. The space station zips across the sun like a fast-moving needle in a haystackMcCarthy's multi-telescope setup to capture his photo of the space station crossing the sun. He used the sunspots as a visual cue, knowing the space station would pass in front of them.
The result is the largest-ever database of one-on-one Zoom conversations. It may shed new light on what we talk about when we talk about talking today — the conversation of the future. And while the average loudness of speakers didn't change across bad or good conversations, the "good" talkers varied their decibel levels more than the "bad" talkers did. The machine found that women rated as better Zoom conversationalists tended to be more intense. Good conversationalists are those who appear more engaged in what their partners are saying.
The result is the largest-ever database of one-on-one Zoom conversations. And while the average loudness of speakers didn't change across bad or good conversations, the "good" talkers varied their decibel levels more than the "bad" talkers did. The machine found that women rated as better Zoom conversationalists tended to be more intense. Good conversationalists are those who appear more engaged in what their partners are saying. Studying Zoom calls may help us have better conversations on Zoom.
The agency does not pay tech platforms to publish service information, which Ms. Rieara said could also be found through the MYmta and TrainTime apps, the M.T.A.’s website, email alerts and text messages. “Service alerts are also available on thousands of screens in stations, on trains and in buses,” she said. did not immediately respond to a request for comment early Friday. Still, the agency doubled down. In February, there were more than 84 million subway trips and more than 33 million bus trips, which were about two-thirds of the ridership rates in February 2019, according to the city’s comptroller’s office.
This is how language models usually start off: They guess randomly and produce gibberish. Over many, many rounds of training, language models can learn to write. As language models grow larger, the patterns that they learn can become increasingly complex. More is differentOther than the additional fine-tuning stages, the primary difference between nanoGPT and the language model underlying chatGPT is size. Large language models can become highly unpredictable, as evidenced by Microsoft Bing A.I.’s early interactions with my colleague Kevin Roose.
New York CNN —BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. With 11,000 job cuts announced in November and the 10,000 announced in March, Meta’s headcount will fall to around 66,000 — a total reduction of about 25%. The company announced in January that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant. IndeedJob listing website Indeed.com announced cuts of approximately 2,200 employees, representing almost 15% of its total workforce, the company said in March. The cuts come after the company announced several rounds of job cuts throughout the pandemic due to falling demand, followed by rapid hiring last year.
CNN —Disney’s animated hit “Lilo & Stitch” is getting the live-action treatment, but a reported casting decision has set off a new conversation about colorism in Hollywood. Why some feel Nani’s skin color is relevantThe new “Lilo & Stitch” is based on an animated film and Nani is a fictional, animated character. But unlike “The Little Mermaid,” which is rooted in mythology despite receiving racist backlash over Halle Bailey’s casting in the live-action remake, “Lilo & Stitch” draws from a very real culture and people. The live-action “Lilo & Stitch” is only the latest in a long line of projects that have faced accusations of colorism. Though Connor is disappointed, she hopes the “Lilo & Stitch” remake will otherwise stay true to the original, which she loved so much growing up.
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