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Meteor showers, natural fireworks that streak brightly across the night sky, are one of them. The latest observable meteor shower will be the Perseids, which have been active since mid-July and are forecast to continue until the end of August, at the latest. A favorite among skywatchers, the Perseids are one of the strongest shows each year, with as many as 100 long, colorful streaks an hour. This year, viewers may have to compete with light from the moon, which will be nearly half full on the night that the shower peaks. But according to Sky & Telescope, the moon will set before midnight, leaving the early morning hours sufficiently dark for a spectacular show.
Organizations: Global, Network, Alpha, Southern Delta, Northern, Sky &
The company's sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. He added that its Bronzing Drops serum quickly became a best seller on the company's website after its launch during the quarter. Following quarter after quarter of outsized growth, Wall Street has come to expect a lot from E.l.f. The company now anticipates its adjusted net income will be between $198 million and $201 million, compared with a previous outlook of between $187 million and $191 million. During the quarter, selling, general and administrative expenses increased by roughly $88.6 million to $180.6 million, representing 56% of net sales.
Persons: Tarang Amin, E.l.f, Mandy Fields, Fields, I'm, we're, Amin, we've, Gen Z, We'll, Gabby Douglas, Anastasia, Tas, Jameela Jamil Organizations: CNBC, LSEG, Alpha Locations: E.l.f
Yet it’s no longer enough for the security-conscious billionaire to stick an impenetrable safe room in the basement where it might sit empty forever. Courtesy SAFEThe house itself, Corbi said in an interview via Zoom, is ultra-secure with the blast-proof doors, unbreakable windows and biometric door-entry systems. Even 50 years ago, he says traditional bunkers looked like high-end hotels — “kind of like the Ritz Carlton, underground”. For hundreds of thousands, prefabricated modular steel bunkers can be dropped into the ground under a new-build house. The days when you can throw a first aid kit in a prefab bunker and say you’re safe are long gone.”
Persons: “ We’ve, , Al Corbi, ” Corbi, Mukesh Ambani, Anant, Corbi, Mark Zuckerberg, Bill Gates, Noemi Cassanelli, CNN Graham Harris, Harris, they’re, Covid, Naomi Organizations: CNN, SAFE, Ritz, Carlton, Ritz Carlton, Creative Home Engineering Locations: Virginia, Mumbai, Hawaii, London, Highgate, Arizona —
You only need to save my phone number," the AI responded in Spanish — before sharing my phone number. Someone in this WhatsApp group had asked Meta AI for its phone number — and again it shared my number. It had replied that it did, and Maxi simply had to message a phone number — my phone number — to access the content. Since I asked Meta's communications team for help, I haven't received any more messages from people looking for Meta AI. Another time, Meta AI said it didn't have a phone number (it actually does, +1 313-555-0002, although it doesn't advertise it publicly).
Persons: Franco, escuadron lobo, Tell Gretel, he'd, Franco chimed, Meta, chatbot, Taylor, Taylor Swift, Maxi, I'm, I've, Pablo Morano, Meta's Emil Vazquez, Mark Zuckerberg, that's, Axel Springer, Cooper Neill, Getty, LLMs, Meta's, haven't, you've Organizations: Meta, alfa buena, Alpha, Business, Tech, LinkedIn, Facebook, Team Alpha, Squadron, Maxi, BSR Agency, Business Insider, CBC News Locations: Peruvian, Spanish, LLMs, scammers, WhatsApp, Memphis , Tennessee
Stocks had a rough week, topped off with a pummeling Friday after the July jobs data came in weaker than expected. Until then, bad economic news was good news for the stock market, because it meant the Federal Reserve would start cutting interest rates sooner. On Thursday, a drop in U.S. manufacturing activity for July and a jump in initial jobless claims dragged down the market. Next week is light on economic data, so expect earnings reports and CEO commentaries to drive the market action. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Stocks, Dow Jones, Jim Cramer, would've, Eli Lilly, Mounjaro, Berkshire Hathaway, Krystal, Tyson, BAX, Owens, Walt, Oscar Health, CRON, Krispy, Papa, Jim Cramer's, Jim Organizations: Nasdaq, Dow, Reserve, Broadcom, Devices, Palo Alto, PMI, Wynn Resorts, Investors, Wynn, Wynn Palace, U.S . Disney, Management, and Drug Administration, Carlyle Group, Krystal Biotech, Tyson Foods, TSN, Alpha Metallurgical Resources, BioCryst Pharmaceuticals, Axsome Therapeutics, Technologies, Clover Health, Realty Income Corp, Avis Budget Group, CSX Corp, CSX, Simon Property Group, Sterling Construction Company, Teradata Corp, Yum China Holdings, ZoomInfo Technologies, Holdings, Caterpillar, Baxter International, Vulcan Materials Company, Allegheny Technologies Incorporated, Constellation Energy Group, Marathon Petroleum Corp, Owens Corning Inc, Duke Energy Corp, GXO Logistics, Brands, Builders, Wynn Resorts Ltd, WYNN, Rivian Automotive, Devon Energy Corp, GigaCloud Technology Inc, Lumen Technologies, VF Corp, Walt Disney Co, Novo Nordisk, CVS Health, Aurora Cannabis Inc, Emerson Electric Co, Sony Group Corporation, SONY, Inc, ODP Corporation, Icahn Enterprises, MannKind Corp, ACM Research, Brink's Company, AppLovin Corporation, Digital Turbine, Sarepta Therapeutics, Occidental Petroleum Corp, Bros, SolarEdge Technologies, Aspen, Coeur D'Alene Mines Corp, Co, Vistra Energy, Cheniere Energy, Cronos, Himax Technologies, Properties Trust, Papa John's, Paramount Global, Trade, Lab, B2Gold Corp, Honest Company, Gilead Sciences, Growth, Nikola Corporation, Embraer, New Fortress Energy, Construction, Jim Cramer's Charitable, CNBC, Disney, Pixar Locations: Palo, Macau, Las Vegas, Boston, Vegas, Wynn Macau, China, Novo, Coeur, Gilead
Insider Today: Mark Cuban vs. Big Pharma
  + stars: | 2024-08-04 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
But first: Big Tech reporting for duty. AdvertisementEven before Amazon, Apple, Meta, and Microsoft reported earnings, investors' focus was clear. Meta CEO Mark Zuckerberg didn't shy away from his intention to keep plowing money into AI, but investors didn't mind. Softening demand from shoppers for Amazon led to a miss in reported net sales and a weaker-than-expected sales forecast for the third quarter. Also read:Getty Images; Jenny Chang-Rodriguez/BIMark Cuban's pharma missionIn 2022, Mark Cuban launched a low-cost online pharmacy with the goal of cutting drug prices for consumers.
Persons: , Jeff Bottari, Rebecca Zisser, Tesla, Mark Zuckerberg, iStock, That's, Gen, Zers, Tyler Le, Tetiana Lazunova, Jenny Chang, Rodriguez, Cuban's, Mark Cuban, somebody's, Emily Durham Organizations: Service, Business, Big Tech, Getty Images, Apple, Meta, Microsoft, Apple Intelligence, Amazon, pharma, Cuban's pharma, Cost, Pfizer, Novo Nordisk Locations: China
After the NABJ appearance, Trump posted on social media, "Crazy Kamala is saying she’s Indian, not Black. Trump also said during that election cycle that he didn't believe Clinton had "the look" to be president. 'Dumb as a rock'The day after Biden threw his support behind Harris, Trump put up a social media post calling her "Dumb as a Rock." Trump pushes baseless birther claimsOn Thursday, Trump shared a post by far right-activist Laura Loomer that said Harris is "NOT black and never has been." The people in the background know it, the people who know her know it, and she’s like an unbalanced person.”
Persons: Joe Biden, Kamala Harris, Donald Trump, Harris, She'd, Trump, Biden, It's, , she's, , Kamala, Laura Ingraham, Hillary Clinton, Hillary’s, She’s, she’s, didn't, Clinton, Nikki Haley, Laura Loomer, Loomer, Harris wasn't, Haley, Sen, Ted Cruz, Barack Obama, mispronounce Harris, ” Trump, , you’ve Organizations: Trump, Democratic, National Association of Black Journalists, Howard University, Alpha Kappa Alpha, Fox News, NBC, South Carolina Gov Locations: American, Harris, Chicago, Indian American, Tennessee, U.S, California, Texas
Harris’ campaign rallies are a clear change from those held by President Joe Biden, the man she is replacing at the top of the Democratic ticket. So hear me when I say: I know Donald Trump’s type.”But the Trump campaign is rushing to define Harris differently. “She knows this is going to be a very close race,” Julie Chávez Rodríguez, Harris’ campaign manager, said in an interview. Chávez Rodríguez and Harris have been close for nearly a decade, since Chávez Rodríguez first took a job as state director for Harris’ Senate office in 2016. The Harris campaign has launched a website advertising more than five dozen jobs.
Persons: Kamala Harris, Harris ’, Joe Biden, Megan Thee, , , Donald Trump, , fraudsters, cheaters, Donald Trump’s, Trump, Harris, ” Trump, Brian Hughes, She’s, ” Julie Chávez Rodríguez, ” Chávez Rodríguez, The, Jen O’Malley Dillon, Biden, Chávez Rodríguez, Chávez, we’re, ” Ashley Etienne, ” Etienne, ” “ Joe Biden, Hughes, Biden’s, ” Harris, Trump’s, “ It’s, Howard, “ Kamala Harris, Judy Chu, Chu, ” Chu, that’s, he’d Organizations: Democratic, Democratic Party, United, Trump, Biden, The Trump, NBC, MAGA Inc, Inc, Central, Northern, Howard University, Washington , D.C, Alpha Kappa Alpha, National Association of Black Journalists, Black, Sigma Gamma Rho, Atlanta, Congressional Asian Pacific American Caucus Locations: United States, California, Wisconsin, Harris ’, North Carolina, El Salvador, Guatemala, Honduras, Mexico, Washington ,, Chicago, Houston, Monterey Park , California
Opinion | On Turning Black
  + stars: | 2024-08-01 | by ( Esau Mccaulley | ) www.nytimes.com   time to read: +1 min
Rather than condemn his party’s increasingly troubling language on the topic, Mr. Trump took the opportunity to question Ms. Harris’s racial identity. “She was always of Indian heritage, and she was only promoting Indian heritage,” he said. “I didn’t know she was Black, until a number of years ago, when she happened to turn Black, and now she wants to be known as Black. Ms. Harris graduated from Howard University, a historically Black university, and she is a member of Alpha Kappa Alpha, a historically Black sorority. Does Mr. Trump really expect interracial people to deny half of their families?
Persons: Donald Trump, Kamala Harris, , Rather, Trump, , Harris Organizations: National Association of Black Journalists, Howard University, Alpha Kappa Alpha
In today's big story, hedge funds are dusting off an old strategy that's a unique twist on passive investing . And with the fundraising environment for hedge funds looking bleak , they'll take any help they can get. AdvertisementBut with portable alpha, hedge funds are tying themselves to something they've pledged they are better than. What happens if the hedge fund's portion of the portable alpha strategy is what pulls returns down? With competition from venture capital and private equity, hedge funds can't afford to turn their nose up at anything.
Persons: , Tyler Le, Alex Morrell, It's, Jenny Chang, Rodriguez, Philippe, hasn't, they've, it's, duMond, Chip Somodevilla, Alyssa Powell, Harris, Jerome Powell, Powell, Tetiana Lazunova, Meta, it'll, Linda Yaccarino, Elon Musk, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Trump, DWS Group, BI, Nvidia, Twitter, Apple, Amazon, Barclays, Shell, Democratic National Committee Locations: Hollywood, London, Milan, Dubai, New York
Bank of America reiterates Arm as buy Bank of America said it's sticking with the stock following earnings on Wednesday. Robinson to overweight from neutral JPMorgan upgraded the shipping company following its earnings. Barclays reiterates Meta as overweight Barclays says it's sticking with the Instagram parent following earnings on Wednesday. " Bernstein reiterates Qualcomm as outperform Bernstein says it's sticking with Qualcomm following earnings on Wednesday. Citi reiterates SoFi as buy Citi said it's getting more bullish on the stock following a series of investor meetings.
Persons: Goldman Sachs, Goldman, Morgan Stanley, Zeta, Oppenheimer, Etsy, Baird, Wolfe, Bill.com, Robinson, Raymond James, RDDT, Wells, David Lantz, Zack Fadem, Bernstein, Leerink, Cantor Fitzgerald, Tesla, Cantor, it's bullish, Morgan Stanley downgrades Voya, SoFi, it's Organizations: Mizuho, Bank of America, ARM, Zeta Global, Zeta, JPMorgan, GE, NFL, NBA, MLB, Nascar, Barclays, Meta, Qualcomm, SOX, Elon Musk's, Citi Locations: OW, 2H24, China, bullish
Ms. Harris told The Washington Post in 2019 that she had long been comfortable with her racial identity. Ms. Harris joined Alpha Kappa Alpha, a sorority for Black women, at Howard University, a historically Black university. Ms. Harris failed California’s bar exam on her first attempt in July 1989, according to her autobiography, and received a letter in November that she had failed, “to my utter devastation.” While she did not address her subsequent exams in the book, Ms. Harris was admitted to the bar in June 1990. Mr. Trump is taking outsize credit. It is also worth noting that Mr. Trump did not request the increased funding that the schools received.
Persons: Donald J, Trump, Kamala Harris, Harris, Abraham Lincoln, Said, I’ve, , Ms, , Obama ”, ” Mr, Harris’s, Said “, California’s, , Lyndon B, Johnson, Biden Organizations: Wednesday, National Association of Black Journalists Convention, National Association of Black Journalists, Washington Post, Indian American, Alpha Kappa Alpha, Howard University, Black Law, Association, University of California Hasting College of Law, Los Angeles Times, San Francisco Examiner, San, H.B.C.U.s, Democrats, Democratic, Republicans, Civil, Mr, Black Americans, Congressional Research Service, The New York Times, of Labor Statistics, New York Times Locations: Chicago, Indian American, California, San Francisco, American, Black, Los Angeles, Asian, The California,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFund manager's China tech stock picks: There is a 'huge sandbox of Alpha-rich companies'Beeneet Kothari of Tekne Capital Management says the "largest de-grossing episode in China" has already happened and shares some of his top picks among Chinese tech companies.
Organizations: Fund, Tekne Capital Management Locations: China
What Meta's earnings beat may signal for Apple and Amazon
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat Meta's earnings beat may signal for Apple and AmazonMelissa Otto, Head of TMT Research at Visible Alpha, and Sarah Kunst, Managing Director at Cleo Capital, discuss earnings from Meta, Apple, and Amazon.
Persons: Melissa Otto, Sarah Kunst, Capital Organizations: Apple, TMT Research, Meta
Read previewFaced with higher rates and a daunting fundraising climate, hedge funds are wooing investors with a seemingly antithetical pitch: index investing with a twist. Hedge fund industry insiders are abuzz right now about "portable alpha," a blast-from-the-past strategy that's undergoing a revival. According to the Morgan Stanley white paper, it can take on a variety of forms, including "dedicated portable alpha funds, portable alpha share classes, portable alpha feeder funds and other solutions." Advertisement"It's a nice way of smuggling hedge funds into your portfolio if you're an allocator," said Jon Caplis, CEO of hedge fund research firm PivotalPath. He said much of the industry still hasn't woken up to the appetite for portable alpha solutions and the potential boon to hedge funds.
Persons: , punchier, Kim Shaw, Morgan Stanley, There's, Shaw, Penny Novick, Morgan, Novick, Bill Gross, Myron Scholes, PIMCO's, Roark Stahler, Jon Caplis, Russell, PIMCO, Sabrina Callin, Brian Payne, Payne, Caplis, hasn't Organizations: Service, Trading, Business, Man, CME Group, BlackRock, Barclays, Russell Investments, Institutional, State, Investor, BCA Research, Teachers, Investors Locations: Winton, American, Illinois
Reynolds revealed on an episode of "Hot Ones" that he had once planned to promote an intentionally bad-sounding movie called "Alpha Cop" as a ruse. As Reynolds pointed out on "Hot Ones," marketing a fake movie would help with leaks of what was being cooked up for the next Deadpool movie. "Ryan's idea was, the $100-plus million that studios spend on marketing a big Marvel movie, fuck that, let's do 'Alpha Cop,'" Wernick said. There was even an 'Alpha Cop' poster made. "Deadpool & Wolverine" is in theaters now.
Persons: , Ryan Reynolds, Hugh Jackman, Reynolds, Rhett Reese, Paul Wernick, Ryan, Reese, Wernick, Fox, Marvel, Cable Organizations: Service, Marvel, Business, Force, Alpha, Fox, Disney Locations: Wade
Where to see this week's double meteor shower in the USMeteors are named after the constellations they appear to radiate from. A double meteor shower worth checking outNick Moskovitz took this composite image of the Perseids meteor shower in 2023. But together, the double meteor shower offers a better chance to see two very different types of meteors on the same night. In the case of this double meteor shower, "the thing that's a little bit unusual here is that there happened to be two streams in space that are so close to one another that we see them as sort of a double meteor shower. AdvertisementAs far as meteor showers go, this double event happening tomorrow evening is one of the better ones to enjoy.
Persons: , Nick Moskovitz, Moskovitz Organizations: Service, Southern Delta, Alpha, Lowell Observatory, Business, US Meteors, Allexxandar, Southern, Global Meteor Network Locations: Southern, Arizona, Northern
CNN —Look up at the night sky this week for a chance to see high-speed meteors and bright fireballs from two meteor showers set to peak around the same time. Meteor showers are the debris left by comets and asteroids orbiting the sun that Earth encounters annually at some point during its orbital path. Constellation Aquarius is the radiant for the Southern Delta Aquariids, and constellation Capricornus is the radiant for the Alpha Capricornids. The Southern Delta Aquariids are about 40 kilometers (25 miles) per second, according to NASA, and typically last for half a second. I think that makes them particularly special.”Meteor showersHere are the remaining meteor showers that are expected to peak in 2024.
Persons: Robert Lunsford, Lunsford, Andrew Rivkin, ” Rivkin, Organizations: CNN, Southern, American Meteor Society, NASA, Meteor, Applied, Laboratory, Johns Hopkins University, Northern, Southern Delta, Alpha, Taurids, Farmers, Almanac Locations: Baltimore, Southern, New York , New Jersey , Connecticut, East, Perseids
Thousands of Black women organizers across the country are mapping out voter registration efforts and planning conference calls, campaign events and fundraisers. Harris herself has been working to reach Black women voters with stops at Black sorority conventions in recent weeks. “These are Black women values.”Harris is an alumna of Howard University, a historically Black institution. Eaddy said Black women are expecting this form of “dog whistle politics” and are prepared to defend Harris. She said she expects Black women will have a significant impact on voter turnout in November.
Persons: Jotaka Eaddy, Joe Biden’s, Eaddy, Biden, Kamala Harris, Harris, ” Eaddy, Harris ’, ” Harris, , Shavon Arline, Bradley, you’ve, ” Arline, Jasmine Crockett, Donald Trump, Crockett, ” Crockett, , isn’t, Tamika Mallory, ” Mallory, SSRS, Trump, Tim Burchett, CNN’s Manu Raju, Trump’s, Ohio Sen, JD Vance, CNN’s Jim Acosta, Keisha Lance Bottoms, “ I’m, ” Bottoms, Andra Gillespie, ” Gillespie, Black Organizations: CNN, Win, Women, Alpha Kappa Alpha Sorority, Inc, Democratic Party, Black, Zeta Phi Beta Sorority Inc, Zeta Phi Beta, Pan, Hellenic Council, Democratic, National Council of Negro, Howard University, Texas Democratic, Harris ’, Harris . Tennessee Republican, Fox, Atlanta, Emory University, Biden Locations: South Carolina, Dallas, Indianapolis, Harris, Gaza, Harris ., HBCUs
OpenAI on Thursday announced a prototype of its own search engine, called SearchGPT, which aims to give users "fast and timely answers with clear and relevant sources." Since the launch of ChatGPT in November 2022, Alphabet investors have been concerned that OpenAI could take market share from Google in search by giving consumers new ways to seek information online. Alphabet shares were trading about 2.5% lower on Thursday, while the Nasdaq was up slightly. The SearchGPT announcement follows OpenAI's launch last Thursday of a new AI model, "GPT-4o mini." Last year, OpenAI Chief Operating Officer Brad Lightcap told CNBC: "The world is multimodal.
Persons: Sundar Pichai, OpenAI, Siri, Sarah Friar, Kevin Weil, Brad Lightcap Organizations: ChatGPT, Google, Nasdaq, Microsoft, Apple, Planet Labs, Twitter, Facebook, CNBC
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn the '90s, Joey Fatone charmed teenage girls as a member of the boy band NSYNC. This story is available exclusively to Business Insider subscribers. AdvertisementDecoding slang helps parents connect better with their kidsMiddle school teacher Philip Lindsay previously told Business Insider that keeping up with the younger generation's slang can help parents connect with their children. AdvertisementA representative for Fatone did not immediately respond to a request for comment sent outside regular business hours.
Persons: , Joey Fatone, Kloey Alexandra, TODAY.com, Philip Lindsay, Lindsay, Fatone, Kelly Baldwin, Briahna Joely, NSYNC, Ariana Grande, Ole, Briahna, it's Organizations: Service, Business, Alpha Locations: Coachella
Louis Lehot, a Silicon Valley law-firm partner, specializes in taking companies from startup to IPO. The IPO market is expected to pick up later this year, so Business Insider emailed Silicon Valley lawyer Louis Lehot, a partner at Foley & Lardner, for advice on how startups should prepare for life as public companies. Are public market investors generally keen to invest in IPOs, or are they focused elsewhere? Public market investors are selective, focusing on established profitability and sustainable growth over speculative, high-growth stories. What are the key process changes companies need to make ahead of an IPO?
Persons: Louis Lehot, Lehot, , Lardner, Collison Organizations: Service, Foley, Healthcare, Biotech, Green Energy, Enterprise, Street, Investor
Diverse donors race to help elect Kamala Harris
  + stars: | 2024-07-24 | by ( Fredreka Schouten | ) edition.cnn.com   time to read: +6 min
And Democratic-aligned donors from all those worlds are eager to help Harris get there. That figure marks the year of the sorority’s founding at Harris’ alma mater, Howard University. More than 1.1 million donors have contributed – with 62% of them first-time givers this cycle, Harris’ campaign said. He said he held his first fundraiser for Harris at his Boston-area home during her successful 2016 Senate campaign. But for all the early enthusiasm, the groups supporting Harris say big challenges remain – both in sustaining her campaign’s early financial momentum and in helping blunt looming attacks on her race and gender.
Persons: CNN — Kamala Harris, Joe Biden, Harris –, , Harris, , , Glynda Carr, Carr, Biden, they’ve, Harris ’, Alexandra Acker, Lyons, Biden’s, Acker, , ’ ”, Ramesh Kapur, Democratic bundler, Kapur, “ I’m, Shekar, He’s, he’s, don’t, ” Narasimhan, Trump, Chintan Patel, Patel, ” Harris “, ’ ” Acker, Veronica Stracqualursi Organizations: CNN, American, Higher, Alpha Kappa Alpha Sorority, Inc, Howard University, Women Alliance, Democratic, Senate, Fund, Democratic Party, Republican Party Locations: Higher Heights, America, alma, Manhattan, Denver, Harris, United States, Indian, American, Boston, Virginia, Michigan, Wisconsin,
As Vice President Kamala Harris’s presidential campaign rushes to shore up its base, its efforts will be bolstered by a ready-made coalition: the more than two million members of Black Greek-letter organizations who have quickly united to mobilize Black voters nationwide. Before Ms. Harris had even hosted her first official campaign event as the de facto Democratic nominee, the heads of the “Divine Nine,” the country’s nine most prominent Black sororities and fraternities, were planning a giant voter organization effort. When President Biden announced on Sunday that he was stepping aside and endorsing Ms. Harris, excitement over her ascent spread swiftly among these groups’ members in group chats, Facebook groups and conference calls. After all, Ms. Harris, a member of Alpha Kappa Alpha since her undergraduate days at Howard University, is one of them. Once Ms. Harris ran for president, in 2020, she said, that changed.
Persons: Kamala Harris’s, Harris, Biden, Ms, , Frederica S, Wilson of Organizations: Black, Democratic, Facebook, Alpha Kappa Alpha, Howard University Locations: Wilson of Florida
AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.
Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York
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