DIRS.INFO The most relevant business & tech news

☆ I'm a cybersecurity expert who likes using AI. But I'd never share a few things with ChatGPT or its competitors.
▼ + stars: | 2024-06-11 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

I'm a security expert and a vice president of engineering at a content management system company, which has Netflix, Tesla, and Adidas among its clients. Here are four things I would keep in mind when interacting with AI chatbots like OpenAI's ChatGPT, Google's Gemini, Anthropic's Claude, or Perplexity AI. Follow company AI guidelinesAs using AI in the workplace becomes common for tasks like coding or analysis, it is crucial to follow your company's AI policy. As AI chatbots become more humanlike, we are swayed to share more and open up to topics we would not have before. Do you work in tech or cybersecurity and have a story to share about your experience using AI?

Persons: —, Sebastian Gierlinger, Google's, Anthropic's Claude, ChatGPT, OpenAI, chatbots Organizations: Service, Netflix, Tesla, Adidas, Business, Facebook Locations: Storyblok, Austria

☆ Raspberry Pi London IPO: Why investors are going gaga over a tiny, $35 computer
▼ + stars: | 2024-06-11 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Investors are snapping up the shares of a British maker of tiny computers after it went public on the London Stock Exchange Tuesday. Raspberry Pi stock soared as much as 40% in early trade before paring those gains slightly by 11.54 a.m. The Cambridge-based company started life in 2012 as a commercial subsidiary of the Raspberry Pi Foundation, a charity founded four years earlier to promote computer science in schools. To date, Raspberry Pi has sold more than 60 million computers worldwide, according to its website. Raspberry Pi plans to invest the funds raised in developing its products and expanding its educational activities.

Persons: Pi, Eben Upton, “ It’s, ” Russ Mould, AJ Bell, haven’t, ” Organizations: London CNN —, London Stock Exchange, Pi, Pi Foundation, Industrial, University of Cambridge, Nasdaq, Cambridge University, Sony, SONY, CNN Locations: British, Cambridge, New York, London

☆ Nvidia’s wild ride in 2024 is boosting insiders’ wealth. What it could mean for employees holding the stock
▼ + stars: | 2024-06-11 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The stock's rise has been a boon to employees and insiders at the chip company who own shares. So-called RSUs provide workers with shares at a future date following a vesting period of typically three to five years. Employers can also offer incentive stock options, which allow employees to buy a specified number of shares at a stated – or strike – price. Workers who exercise their ISOs are also subject to capital gains taxes when they sell the stock they've purchased. Nonqualified stock options are another form of equity compensation.

Persons: Tench Coxe, Blair duQuesnay, they're, Albert J, Campo, – Organizations: Nvidia, Securities and Exchange Commission, Ritholtz Wealth Management, CNBC's, Employees, Workers, CPA, Campo Financial Locations: New Orleans, Freehold , New Jersey

☆ Microsoft is outsourcing its best AI, tech CEO says — and that's good news for Google
▼ + stars: | 2024-06-10 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Lionel Bonaventure | Afp | Getty ImagesLONDON — Microsoft is handing over the development of all of its best artificial intelligence tools and software to OpenAI, according to one tech CEO — which could be a boon for arch-rival Google. He noted that the so-called transformers that power today's generative AI technologies "all came from Google." Microsoft as an AI 'consultancy'McKinnon added that there's a risk Microsoft's position in AI becomes reduced to that of a "consultancy." Still, Google has a mountain to climb if it's going to achieve commercial success with its own AI investments. Microsoft has effectively become the leader in the push toward foundation AI models given its investment in and partnership with OpenAI.

Persons: Lionel Bonaventure, Todd McKinnon, McKinnon, OpenAI, Bard Organizations: Bard, Google, Getty, Microsoft, CNBC, OpenAI

☆ India elections: Modi and his Hindu nationalist BJP have another five years in power. What does it mean for the world?
▼ + stars: | 2024-06-08 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

CNN —Narendra Modi has raised India’s stature on the global stage like no other recent leader of the world’s most populous country. But the election results also place Modi in a radically different position from the one he enjoyed during his first decade in power. Now, Modi’s BJP will need to answer the interests of its coalition allies – and face stronger checks from a resurgent opposition, which could dampen its Hindu-nationalist agenda. In the meantime, some observers suggest that while the election results may not have boosted Modi, they are already a boon for India’s global clout. “India coming back as a proper democracy is good for the world order in many senses,” he added.

Persons: CNN — Narendra Modi, –, Modi, ”, T.V, Paul, “, Nehru, ” Modi, Joe Biden, Pete Marovich, that’s, Washington, Farwa Aamer, assertiveness –, Justin Trudeau, Nasir Kachroo, Pakistan –, Sushant Singh, Fahd Humayun, India’s Organizations: CNN, Bharatiya Janata Party, BJP, Reuters, Japan, South Asia, Asia Society Policy, Modi . Canadian, Canadian, Yale University, Indian, Tufts University, ”, McGill University Locations: India, Delhi, United States, China, Pakistan, Australia, New York, New Delhi, Washington, Russia, Canada, Indian, American, Jammu, Kashmir, Modi’s BJP, BJP, Islamabad

☆ The utilities sector is up 10% in 2024. These four names still have room to run, Morningstar says
▼ + stars: | 2024-06-07 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

"We think the market was ignoring and underappreciating what utilities can accomplish," Travis Miller, energy and utilities strategist for Morningstar, told CNBC. Eric Holcomb announced that Microsoft will be constructing a $1 billion data center in La Porte, Indiana. Another name that is due to see a boost from AI data center growth is WEC Energy. The tech giant already has a data center that is under construction in the area, which is expected to open in 2026. "Microsoft's first data center represents 1,000 [megawatts] of electricity load, or over 10% of WEC's current load in the state," wrote Morningstar analyst Andrew Bischof in May.

Persons: Travis Miller, Morningstar, Entergy, Eric Holcomb, Miller, NiSource, Andrew Bischof Organizations: Morningstar . Utilities, CNBC, WEC Energy, Duke Energy, Indiana Gov, Microsoft, NiSource, WEC Locations: Morningstar, Thursday's, La Porte , Indiana, NiSource, Virginia, Mount Pleasant , Wisconsin

Club holdings Microsoft and Best Buy were the subject of upbeat Wall Street research, while TJX Companies hit an intraday high Friday on the same day it announced plans to enter a new international market. BBY YTD mountain Best Buy year-to-date performance The news: Loop Capital increased its Best Buy price target to $100 from $93 while maintaining its buy rating on the stock. On the stock, Loop sees Best Buy trading at a "significant discount" to the valuations of other retailers with relatively slow growth. Shares of Best Buy were slightly lower Friday, though they hit a new 52-week high Friday of $89 each earlier in the session. TJX YTD mountain TJX Companies (TJX) year-to-date performance The news: TJX Companies is expanding into Mexico.

Persons: Oppenheimer, OpenAI, Copilot, it's, we're, Jim, I'm, bode, Citigroup's, Tommy Hilfiger, Calvin Klein, Axo, Ernie Herrman, TJX, Jim Cramer's, Jim Cramer, Shannon Stapleton Organizations: Microsoft, TJX Companies, Analysts, Federal Trade Commission, CNBC, Club, Amazon, TJX, Grupo Axo, Axo, Black Locations: Mexico, Chile, Peru, Maxx, U.S, Westbury , New York

☆ National Doughnut Day: Free doughnuts from Krispy Kreme, Dunkin’ and other chains
▼ + stars: | 2024-06-07 | by ( Jordan Valinsky | Emily Smith | ) edition.cnn.com time to read: +2 min

The first Dutch doughnuts didn’t have a hole, but they were fried in hot oil and the dough was sweet. Enough of the boring stuff, here’s where to get free doughnuts:Dunkin’Customers can get a free doughnut with a purchase of a beverage on Friday. Krispy KremeThe chain is making it easy to celebrate: Any of its regular doughnuts, like glazed or cake, are free with no purchase necessary. Plus, it’s selling a dozen of its glazed doughnuts for just $2 with the purchase of a regularly priced dozen of doughnuts. Shipley Do-NutsThe chain, with more than 300 locations primarily in Texas, is giving out free glazed doughnuts with any purchase.

Persons: ”, Dunkin ’, Jelly Roll, It’s, Krispy, Dolly Parton, Shipley Organizations: New, New York CNN, “, Salvation Army, Taco John’s, Speedway Locations: New York, Chicago, Texas

☆ Summer of Dupes: Alternatives in the Aegean
▼ + stars: | 2024-06-07 | by ( Erin Vivid Riley | ) www.nytimes.com time to read: +1 min

In April, Princess Cruises told passengers that it was canceling a scheduled stop in Santorini, Greece, citing congestion. In the Aegean Sea, more than 1,000 islands fill the waters between Greece and Turkey, and the coastlines are lined with spectacular bays. Whether you’re in search of a hiking adventure, a cultural excursion or seclusion in rugged beauty, here are five destinations that offer distinctly Aegean experiences, without the crowds. TurkeyUrlaWhen Michelin expanded its Turkey guidebook last year, the quiet district of Urla, near the port city of Izmir, stole the spotlight. On a windy peninsula with clay-heavy soil, the hilly region has a rich winemaking tradition that dates back 6,000 years.

Organizations: Princess Cruises, Michelin Locations: Santorini, Greece, Turkey, Urla, Izmir

☆ American shoppers are tired. These companies are benefiting
▼ + stars: | 2024-06-02 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Just ask Ross Stores: America’s largest off-price retailer reported earnings and revenue that beat analysts’ forecasts last week. The US Labor Department releases April figures on job openings, quits, hires and layoffs. The US Commerce Department releases April figures on new orders for manufactured goods. The US Commerce Department releases April data on exports and imports. Friday: The US Labor Department releases May data gauging the state of the job market, including monthly payroll growth, wage gains and the unemployment rate.

Persons: Ross, “, ” Adam Orvos, ” TJX, TJ Maxx, LVMH Moët Hennessy Louis Vuitton, ” Clayton Allison, Allison, ” Allison, Brown Forman, Campbell Organizations: CNN Business, Bell, Washington CNN, Companies, Ross Stores, Marshalls, Burberry, Prime Capital Investment Advisors, CNN, Walmart, P Global, Institute for Supply Management, CrowdStrike, Hewlett Packard Enterprise, Body, US Labor Department, US Commerce Department, Bank of Canada, Autodesk, Smucker, DocuSign, Vail Resorts, European Central Bank Locations: Washington, North America, Europe, Australia, Americas, Zumiez

☆ Trump’s conviction: The former US president is trending on Chinese social media, and many are rejoicing
▼ + stars: | 2024-05-31 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

And as China woke up Friday to the news of Trump’s conviction on 34 felony counts of falsifying business records, the country’s heavily censored social media lit up. Under leader Xi Jinping, China’s most assertive leader in decades, the country’s social media platforms have become increasingly dominated by anti-American, nationalistic voices. Second, can he still run for president?”But analysts say Trump’s conviction could be a tricky topic for Chinese state propagandists to navigate. So far, Chinese state media outlets have yet to publish the kind of blistering commentaries that previously appeared alongside news coverage of Trump’s legal entanglements. Alfred Wu, an associate professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore, said China’s state media is unlikely to play up the coverage in the days ahead.

Persons: Donald Trump, it’s, Communist Party —, China’s, “ Trump’s, ”, Trump, Chuan Jianguo, “ Trump, influencers, Xi Jinping, –, Hu Xijin, “, Bill Bishop, Alfred Wu, Lee, they’re, Wu Organizations: CNN, Communist Party, Xinhua, Washington, Global Times, Lee Kuan Yew, of Public, National University of Singapore Locations: China, United States, Weibo, Beijing, America

☆ I'm a professional declutterer. Here are 5 things from your bathroom you need to throw out.
▼ + stars: | 2024-05-28 | by ( Julia Williamson | ) www.businessinsider.com time to read: +4 min

As a professional decluttrer, here are five things I recommend you purge today. As for throwing things away, don't worry about waste; keeping something but not using it is the same as consigning it to the trash. AdvertisementSo much 'other' stuff ends up in the bathroomMany things find their way into the bathroom that are only tangentially connected to hygiene. Items like candles, toys, lint rollers, irons — all kinds of things find their way into the bathroom and refuse to leave. If you don't actually use it in the bathroom, there might be a better place to store it.

Persons: you've, bobby Organizations: Service, Business

☆ 2 ways to improve your blood sugar, from a man who reversed his type 2 diabetes and quit Ozempic
▼ + stars: | 2024-05-27 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +5 min

His hemoglobin A1C levels, which are a key measure of how well-controlled a person's blood sugar is, went from 10.1% to 6.1%. He could graphically observe how movement improved his blood sugar. Twin HealthNow, when he sees his blood sugar going up, he laces up. Twin Health said it does not recommend ACV to people with acid reflux, dental problems, or "other medical conditions impacted by high-acidity foods." AdvertisementDonaldson (pictured at center, in suit) in 2022, after starting Twin Health.

Persons: —, Devlin Donaldson, Donaldson, masterclass, he'd, Twin, Nicola Guess, Donaldson doesn't Organizations: Service, Business, Twin Health, Health, Getty, Oxford University, Judson University

☆ Tennis has a hot summer coming, fueled by Zendaya, ‘Challengers’ and luxury sponsors
▼ + stars: | 2024-05-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +11 min

Elsa/Getty Images“We say no a lot,” admits Evan Zeder, director of global sports marketing for New Balance’s tennis and baseball units. Lacoste, the French luxury brand, was born with tennis in mind since its start in 1933. Lacoste’s polo shirts have become a major part of the “tennis aesthetic,” or the luxury athleticism #tenniscore trending on social media. Alcohol brands trying to crack the US market see the growing popularity of tennis as an opportunity to introduce themselves to drinkers. Dobel became the US Open’s official tequila sponsor last year, bringing alongs its Ace Paloma cocktail that it sells at other tennis tournaments it sponsors.

Persons: New York CNN — It’s, ”, Louis Vuitton, Loewe, Serena Williams, they’re, Bob Lynch, ” Lynch, Roger Federer, Anne Hathaway, Roland Garros, Rafael Nadal, Christophe Petit Tesson, Novak Djokovic, Williams, Naomi Osaka, Carlos Alcaraz, Iga Świątek, Coco Gauff, “, outfitter, Gauff, she’s, Aryna, Elsa, Evan Zeder, Tommy Paul, it’s “, Lacoste, René Lacoste, “ Lacoste, Catherine Spindler, Djokovic, Daniil Medvedev, ” Novak Djokovic, Mike Stobe, ” Zendaya, ” Spindler, Maestro Dobel, Dobel, Paloma, Lander Otegui, Otegui, ” Otegui, Charlize Theron, Arthur Ashe, Katie Holmes, “ It’s, it’s Organizations: New, New York CNN, luxe, Vogue, ESPN, ABC, Tennis, United States Tennis Association, Brands, MLB, MLS, NBA, Tennis Channel, Netflix, CNN, YouTube, That’s, Wimbledon, Microsoft, Nike, Adidas, Lacoste, Australian, US, USTA Locations: New York, “, Swiss, Paris, Poland, Australia, London, Chambord, Mexico, Miami, Indian Wells, Cincinnati

☆ The Taylor Swift Ticketmaster fiasco comes full circle as DOJ slams parent company with lawsuit
▼ + stars: | 2024-05-23 | by ( Katie Balevic | Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Over a year after Ticketmaster crashed, preventing rabid Taylor Swift fans from purchasing tickets to her concert tour, the DOJ has announced an antitrust lawsuit against Ticketmaster's parent company, Live Nation Entertainment. Advertisement"This has given Live Nation and Ticketmaster the opportunity to freeze innovation and bend the industry to their own benefit. The lawsuit comes after Ticketmaster fumbled a pre-sale event in late 2022 for Taylor Swift's Eras Tour as fans competed with bots for a limited number of tickets. AdvertisementIn response to the antitrust suit, Live Nation said that "calling Ticketmaster a monopoly may be a PR win for the DOJ in the short term, but it will lose in court."

Persons: —, Taylor Swift, Merrick Garland, Taylor, Swift Organizations: Service, Ticketmaster, DOJ, Entertainment, Business, Justice Department, Department

☆ From ‘The Sympathizer’ to ‘Past Lives,’ American Audiences Warm to Subtitles
▼ + stars: | 2024-05-23 | by ( Brandon Yu | Alice Fang | ) www.nytimes.com time to read: +6 min

In Hollywood today, not only are Asian and Asian American narratives more prominent than ever, but they are also being told in increasingly dynamic ways through the artful use of Asian languages. The sequence is emblematic of a significant shift in how Asian languages are featured in American film and TV. Marvel” (2022) and “American Born Chinese” (2023) — that use Asian languages to bring additional depth and nuance to their stories. “The trend has shifted.”It’s a startling evolution from how Asian languages have typically appeared on American screens. The internet’s broad entertainment ecosystem has also diversified the American media palate.

Persons: ”, —, sheepishly, “, Robert Downey Jr, Bong Joon, Bong Joon Ho, Sharon Choi, Paul Drinkwater, Pachinko ”, Marvel ”, Minjeong Kim, Don McKellar, ” McKellar, ” “, ” Hopper Stone, ” Kim, Bela Bajaria, Lupin, helming, Lulu Wang, ’ Organizations: Communist, Hollywood Vietnam, Globe, Golden Globe, NBCUniversal, Getty, Center, Asian, Pacific Studies, San Diego State University, HBO, YouTube, Netflix, Spanish Locations: Hollywood, Vietnam, Hong Kong

☆ Home sales: Prices in the US housing market continue to climb
▼ + stars: | 2024-05-22 | by ( Bryan Mena | ) edition.cnn.com time to read: +2 min

Washington CNN —Rising US home prices are heightening the housing affordability crisis for Americans, especially first-time buyers. Housing affordability takes into account prices, household incomes and mortgage rates. Sales fell in April for the second month in a row as mortgage rates surged past 7%. Mortgage rates track the yield on the 10-year US Treasury note, which moves in anticipation of the Fed’s decisions on interest rates. Low housing affordability typically crimps demand.

Persons: it’s, ”, Lawrence Yun, Freddie Mac Organizations: Washington CNN —, National Association of Realtors, Global, NAR, Federal Reserve, Fed, Treasury Locations: San Diego, Chicago, Detroit, America, ”

☆ Massachusetts' millionaire tax is earning more than expected and could help make up for the last few years of high earners fleeing the state
▼ + stars: | 2024-05-22 | by ( Cork Gaines | ) www.businessinsider.com time to read: +1 min

Massachusetts' new tax on the wealthy generated $1.8 billion, exceeding expectations. The increased revenue comes amid high-income earners leaving the state. AdvertisementMassachusetts' new tax on the wealthy has become a bigger boon for the state than expected. It could help make up for the loss of high-income earners in recent years. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Boston Globe, Business Locations: Massachusetts

☆ Wall Street advisors are flocking to this small law firm to claw back pay from wealth giants like Morgan Stanley and Merrill Lynch
▼ + stars: | 2024-05-21 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

For Ajamie LLP, a Houston law firm with 11 attorneys, taking on banks with billion-dollar war chests is becoming a booming business. This ruling was used by a lawyer on another case, Ohio-based Alan Rosca, to secure a $3 million judgment against Morgan Stanley on March 25. He said he has been contacted by advisors hailing from "really any financial firm that offers deferred compensation to financial advisors." During that suit, Ajamie was contacted by Matt Shafer, the lead plaintiff in the Morgan Stanley case. The Morgan Stanley suit inspired Kelly Milligan, now the named plaintiff in the Merrill Lynch class action, to reach out.

Persons: —, Jack Edwards, Edwards, Morgan Stanley, Morgan Stanley's, Alan Rosca, Merrill Lynch, Sen, Ted Cruz, Wells Fargo, Wells, Ajamie, Matt Shafer, Kelly Milligan, It's Organizations: Service, Ajamie LLP, Business, University of Virginia School of Law, Big Law, RBC Capital Markets, Financial Industry Regulatory Authority Locations: Houston, Ohio, Ajamie, Texas, Carolina

☆ Learning how to use AI could boost your pay by 25%, study finds
▼ + stars: | 2024-05-21 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Jobs that require artificial intelligence skills offer significantly higher wages than those that don’t, according to new research published Tuesday. Consultancy PwC studied advertisements, posted last year, for a range of jobs, including app programmers, lawyers and accountants. It found that wages for AI-related roles were on average 25% higher in the United States than for comparable jobs in the same field that did not require those skills. Between 2012 and 2023, the number of jobs requiring AI skills grew 3.5 times faster than the total of all jobs across the countries studied, according to the report. “AI could be the missing piece of the UK’s productivity puzzle, bringing a boost to the economy, wages, and living standards,” said Sahneh at PwC.

Persons: PwC, ” Mehdi Sahneh, Barret Kupelian, ”, ” Randall Kroszner Organizations: London CNN, PwC, Bank of Locations: United States, United Kingdom, Canada, North America, Europe, Asia, PwC

☆ Iran begins days of nationwide funeral rites for President Ebrahim Raisi after helicopter crash
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +2 min

People attend funeral ceremony, held for Iranian President Ebrahim Raisi and his senior officials died in a helicopter crash, in Tabriz, Iran on May 21, 2024. Thousands of mourners descended on Tabriz on Tuesday for a funeral ceremony honoring Iranian President Ebrahim Raisi, who perished in a helicopter crash over the weekend, leaving an indelible void in the country's leadership succession plans. Some mourners are shown brandishing photographs of Raisi, while others trooped behind lines awaiting the procession. Services for Raisi will be held between Tuesday and Thursday in Tabriz, Qom, Birjand and Iranian capital Tehran. "Our honorable Raisi worked tirelessly," Khamenei said on the X social media platform on Monday.

Persons: Ebrahim Raisi, Hossein Amirabdollahian, IRNA, Ayatollah Ali Khamenei, Raisi, Khamenei, Butcher, Mahsa, Amirabdolahian, Bashar Assad Organizations: Iranian, Islamic Republic News Agency, CNBC, Raisi, Human Rights Watch, Palestinian, Hamas Locations: Tabriz, Iran, Qom, Birjand, Tehran, Mashhad, Azerbaijan, East, Israel

☆ Wilson deal: Caitlin Clark just did something no athlete has done since Michael Jordan
▼ + stars: | 2024-05-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Breakout basketball star Caitlin Clark has a new achievement that hasn’t been accomplished since Michael Jordan. The WNBA player signed a multiyear deal with Wilson Sporting Goods Co., the league’s official basketball supplier, for “signature basketball collections celebrating Clark’s continued legacy,” the company announced Tuesday. In addition, she will “creatively direct her first-ever signature basketball line” that will roll out later this year. Wilson, which has produced the basketballs for the NBA for several decades, became the official game ball of the WNBA in 2020. Nike is also reportedly on the verge of signing Clark to design her shoe line, but no official deal has been formally announced.

Persons: Caitlin Clark, hasn’t, Michael Jordan, Clark’s, Wilson, Clark, “ Wilson, ” Clark, ” Organizations: New, New York CNN, WNBA, Wilson Sporting Goods Co, CNN, NBA, Indiana Fever, ESPN2, ESPN, Nike, Farm, Gatorade, Panini Locations: New York

☆ 5 investments Morgan Stanley recommends making as US stocks surge by up to 19% — and why a prominent Wall Street bear just abandoned his downbeat view
▼ + stars: | 2024-05-21 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Since then, several major investment firms have lifted their long-term S&P 500 price targets. The firm recommends pairing cyclicals and growth stocks with those attributes so that investors are prepared for stronger or weaker growth. Technology firms using AI need more power, which is a major long-term tailwind for utility companies, Wilson wrote. "We see the recent pullback as an attractive entry point and an opportunity to formally upgrade the sector to overweight," Wilson wrote. "Small-cap valuation is relatively cheap but earnings growth is highly concentrated," Wilson wrote.

Persons: —, Brian Belski, Binky, Morgan Stanley, Long, Mike Wilson, subpar, Wilson, Wilson's, Goldman Sachs, Morgan, Morgan Stanley's Organizations: Service, Business, BMO Capital, Deutsche Bank, optimist, Consumer, Utilities

☆ There’s more than one way to access this asset offering tax-free income. How to make the right choice
▼ + stars: | 2024-05-20 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Muni bonds are beloved by wealthy investors because they offer income that's free of federal taxes. Muni bond ETFs and mutual funds, meanwhile, don't have a definite maturity date and their price can fluctuate while the investor is holding them. Liquidity needs are also a major factor, with individual bonds potentially being hard to sell if an investor has a cash need. Since these funds offer a fixed number of shares, they trade at a discount or premium to their net asset value. Some of these funds hold municipal bonds and are trading at sharp discounts to their net asset value, potentially making them an attractive purchase.

Persons: Kathleen McNamara, there's, muni, he'll, Beth Foos, James Ritzema, Baird, Jon Browne Organizations: Federal Reserve, UBS, tradeoffs Investors, SEC, Investors, Morningstar, RiverNorth Locations: Americas, –

☆ How Apple's AI push could do more than just reignite iPhone sales
▼ + stars: | 2024-05-20 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

"I think the iPhone next generation has to incorporate far more AI than it does now," Jim said on Monday. The Club's belief is that doing so will prompt iPhone users to upgrade to the newer model, helping reignite topline growth for Apple following a prolonged period of sluggishness. The majority of Apple's installed base of more than 2.2 billion devices is iPhones, Melius said in its note Monday. AAPL YTD mountain Apple (AAPL) year-to-date performance AI can boost more than just iPhone sales, according to Melius. In the three months ended March 30, the iPhone 15 and iPhone 15 Pro Max held the No.

Persons: Jim Cramer, Jim, Melius, Max, Jim Cramer's Organizations: Melius Research, Apple, Conference, Cupertino, Reuters, Huawei, CNBC, Citizens, Nurphoto, Getty Locations: China, Melius, India, Shanghai

Search resuls for: "Boon"

25 mentions found