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☆ How best to invest in AI: What leading Wall Street firms and analysts are saying as the rally continues
▼ + stars: | 2023-03-07 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

Experts at BofA and UBS recently wrote about their approaches for investing in the theme. Tech analyst Dan Ives doubled his price target on AI pure play C3.AI, which has soared almost 150%. One of the market's splashiest artificial intelligence newcomers is here to stay, says Wedbush tech stock analyst Dan Ives. On Friday Ives boosted his price target on AI software company C3.AI from $13 per share all the way to $24. "The company continues to experience increased demand for its AI solutions that are designed to increase a range of applications across industries fueling tailwinds in the market," Ives wrote.

☆ World-first ideas unveiled at MWC 2023 by UK telecoms innovators
▼ + stars: | 2023-02-20 | by ( Sponsor Post | Created Insider Studios With The Uk'S Department For Business | ) www.businessinsider.com time to read: +7 min

At the upcoming Mobile World Congress event in Barcelona, collaboration and convergence will be priorities. MWC is a 'Digital World Congress' that will see more worldwide digital innovation from the UK and across the world." Attocore, recently awarded a grant for accelerating Radio Access Network (RAN) intelligence, sits alongside mobile giants Ericsson and Samsung in advancing the security of UK mobile networks. With 5G networks, an estimated £173 billion of incremental UK GDP will be added to the UK economy by 2030. MWC and scaling UK technologyMobile World Congress is also a great opportunity for big ideas to reach an even bigger audience.

☆ Premarket stocks: Don't underestimate the American shopper
▼ + stars: | 2023-02-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

All that extra cash should support strong spending through February and perhaps March, said Bank of America analysts. That means the Fed may use the strong data as an excuse to keep hiking interest rates. Recession risk may be deferred, but it certainly hasn’t dissipated.”PPI, housing starts and bald spots: What investors are watching today▸ Thursday morning brings two big data releases: The January Producer Price Index and housing starts. ▸ Housing starts, a measure of new home construction, have declined every month since August. Housing starts are expected to decline slightly.

☆ In EU car data tussle, insurers and others brace for delays, disappointment
▼ + stars: | 2023-02-16 | by ( Nick Carey | ) www.reuters.com time to read: +4 min

Companies in Europe and beyond are vying for control of the crown jewels of the connected car era, namely car manufacturers' data covering everything from driving habits, to fuel consumption and tyre wear which can be used to target cash-generating services. Although the EU is currently haggling over the Data Act, a draft law governing the use of consumer and corporate data, insurers and others are pushing for auto sector-specific regulation. A proposal is expected soon after the European Commission launched a consultation last year. Ten industry groups also wrote to European Commission President Ursula von der Leyen in January urging an end to "repeated delays". A spokesperson for the European Automobile Manufacturers Association (ACEA) said the Data Act would guarantee fair access to car data, so "additional legislation on access to in-vehicle data is unlikely to achieve more".

☆ AI is the latest Wall Street craze. Is it also the next bubble?
▼ + stars: | 2023-02-09 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +5 min

All of this AI news has helped boost shares of Baidu (BIDU), Microsoft (MSFT) and Google owner Alphabet (GOOGL) this year. Shares of the artificial intelligence software company have more than doubled this year, to about $26. SoundHound AI, which makes speech- and other audio-recognition software, has also seen its stock more than double this year. The fact that many of the world’s largest tech companies are embracing artificial intelligence is evidence of that. “We believe tech companies and tech equities will continue to face headwinds, as long as the Fed keeps its foot on the brake,” Siebel said in December.

☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ Israel's president became the first world leader to publicly use ChatGPT when he gave a speech partly written by the AI
▼ + stars: | 2023-02-03 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Isaac Herzog, the Israeli president, delivered a speech partly-written by ChatGPT on Wednesday. Herzog opened his speech with an intro written by ChatGPT. He then ended the speech with a ChatGPT generated "inspirational quote" about AI. During his speech, Herzog also emphasized that AI will not replace humans, despite using it to write part of it. The president also used ChatGPT to end his speech with an "inspirational quote," Sky News reported.

☆ January job growth is forecast to slow slightly, but the impact from big corporate layoffs is uncertain
▼ + stars: | 2023-02-02 | by ( Patti Domm | In | ) www.cnbc.com time to read: +5 min

Economists expect slightly slower, but still strong job growth in January, while the impact of corporate layoff announcements is unclear. According to Dow Jones, the consensus forecast calls for 187,000 new nonfarm jobs in January, down from 223,000 that were created in December. "The number is not really the number of jobs created, but how many fewer workers were let go," he said. The jobs report is of key importance for the Federal Reserve, which has been trying to slow the economy —and inflation — by cooling the hot labor market. Goldman Sachs economists forecast a payrolls increase of 300,000 for last month and said their above consensus forecast was based on the fact that companies do not yet seem to be implementing layoffs, despite the announcements.

☆ Important wage inflation measure for the Fed rose less than expected in Q4
▼ + stars: | 2023-01-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Employment costs increased at a slower than expected pace in the fourth quarter, indicating that inflation pressures on business owners are at least leveling off. The employment cost index, a barometer the Federal Reserve watches closely for inflation signs, increased 1% in the October-to-December period, the Labor Department reported Tuesday. That was a bit below the 1.1% Dow Jones estimate and less the 1.2% reading in the third quarter. The Q4 reading comes the same day the interest rate-setting Federal Open Market Committee begins its two-day policy meeting. Fed officials have pushed back on the notion of any policy easing in 2023, though they could change their minds if inflation readings continue to abate.

☆ The CEO of a $1.6 billion biotech says his bet on AI is paying off with faster, cheaper research that could reshape the industry
▼ + stars: | 2023-01-25 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +6 min

It has generated tons of data with AI and robots, aiming to find a better way to make drugs. For a biotech executive hoping to make something vast, Chris Gibson seems proudest in obsessing over the tiniest details. Gibson calls this the "human-y" element of research — and it's what Recursion is working hard to eliminate. What's happening in AI — and Recursion is emblematic of this — is we're at the second half of the chess board." Despite the progress in generating massive amounts of data, Recursion's leaders acknowledged that the goal of creating an approved medicine is likely still years away.

☆ These are the most important executives who joined Google Cloud in 2022 — and the ones who left
▼ + stars: | 2023-01-19 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +10 min

Below is a list of the key executives who left Google Cloud in 2022 — and the most important new hires. At Google Cloud, Gearhart was responsible for the Google Cloud Platform and Google Workspace channel business around the world, according to her LinkedIn profile. Exit: Frank BienBien, a Looker vice president, left Google Cloud in February, two years after Google acquired the data-analytics company for $2.4 billion. A nearly 20-year Microsoft veteran, Jester joined Google Cloud in 2019 as part of an executive hiring spree initiated by Kurian, who had recently taken the helm of Google Cloud. Hire: Kevin MandiaMandia, Mandiant's CEO and cofounder, joined Google Cloud in September after Google completed its $5.4 billion acquisition of his cybersecurity firm.

☆ Morning Bid: Seeing through another shock
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +4 min

Brazil's weekend political shock reminds world markets of fragile geopolitics, but investors more broadly appear happier to stick with a new year narrative of recovery from a dire 2022. Days after his inauguration, leftist President Luiz Inacio Lula da Silva announced a federal security intervention in Brasilia until Jan. 31. Fed chair Jerome Powell speaks on Tuesday but the big data release of this week is Thursday's consumer price report. The gap between positive euro zone economic surprise indices and negative U.S. equivalents is now at its widest since June. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Why influencer commerce company LTK is hiring in spite of a tech downturn and what it's looking for in job candidates
▼ + stars: | 2023-01-09 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

LTKIn 2022, the Dallas-based company had already grown its staff by 60% in less than a year, Venz Box said. "I want to hear what their boss said," Venz Box added. "I want to hear what their boss said," Venz Box added. "It's actually sometimes very useful that they are not from this space," Venz Box said. LTK employees do have a referral bonus, Venz Box added.

☆ Tesla is among the stocks that retail traders just dumped en masse
▼ + stars: | 2023-01-05 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Retail traders unloaded $3.1 billion in assets this past week, making it the third worst week of net selling in history, according to JPMorgan. Overall, retail traders dumped $4.1 billion in single stocks. Tesla was hit particularly hard, with retail traders selling $811 million of the stock. Retail traders embraced the electric vehicle maker throughout the volatile year. However, some Wall Street analysts have pointed to his takeover of Twitter and his sale of 22 million Tesla shares as problematic for the stock.

☆ 5 things to know before the stock market opens Thursday, January 5
▼ + stars: | 2023-01-05 | by ( Mike Calia | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange during morning trading on January 04, 2023 in New York City. Chewing things overU.S. stock markets bounced back a little Wednesday, with the S&P 500 rising 0.75%, the Nasdaq increasing 0.69% and the Dow jumping 133 points. December's jobs report is coming Friday morning, as well, so market watchers still have another big data point to chew over this week. Amazon plans bigger job cutsAmazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty ImagesAmazon plans to lay off more than 18,000 employees, far more than initially expected.

☆ What retail investors are investing in and what to expect for 2023
▼ + stars: | 2022-12-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

It's been a tough year for retail investors — and it's not necessarily expected to get any easier in 2023. "Post-Covid overall net inflow of retail investors has tripled, and almost quadrupled, and stayed there." When it comes to individual stocks, retail investors are buying companies such as Tesla , Apple and Nvidia , according to Vanda Research. Retail investors will likely stick with their game plan into 2023, said Vanda Research's Iachini. "We struggle to see retail investors going back to speculation or doubling down on risky bets to try to make up their losses," he said.

☆ Warner Bros. Discovery salaries revealed: Pay data shows how much the company recently offered for jobs at HBO and more, despite waves of layoffs and cuts
▼ + stars: | 2022-12-20 | by ( Ashley Rodriguez | Elaine Low | ) www.businessinsider.com time to read: +19 min

Insider analyzed new pay data from the entertainment companies, now merged as Warner Bros. Recent salaries ranged from $55 an hour to $300,000 a year for jobs at HBO and other units. The salaries ranged from $55 per hour to $300,000 per year, with a median annual salary of $143,000 to $170,000. For example, Discovery offered an ad sales account manager between $131,458 and $149,000 per year, according to the data. Associate Manager, Brand Marketing/Publishing: $92,518 to $130,011WarnerMedia DirectData Architect: $162,400 to $200,150 median; ranging from $159,800 to $205,000WarnerMedia Services

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☆ U.S. blacklists Chinese firm selling video surveillance tech to Iran
▼ + stars: | 2022-12-15 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +7 min

“The Chinese Communist Party is weaponizing technology companies to further its geopolitical goals,” Rubio said in an email. Human rights advocates and lawmakers are concerned Iranian authorities could use Tiandy’s video surveillance technology to help squelch a wave of anti-regime protests in the country. The Biden administration last month effectively banned the sale or import of new equipment from a number of Chinese surveillance firms. China has strongly rejected U.S. criticism of Chinese tech companies and of its treatment of Uyghurs or other Muslim minorities in the country. But he said it was “absurd” to portray Chinese technology as a security threat.

☆ Werner CIO Looks to Outfit Company Trucks With AI-Enabled Tech
▼ + stars: | 2022-12-15 | by ( Belle Lin | ) www.wsj.com time to read: +4 min

Mr. Mahon was hired in 2020 to help the 66-year-old trucking and logistics company modernize its technology—much of it built on legacy systems. Nearly 50% of Werner’s systems, data and applications have already been moved to the cloud from its data centers, Mr. Mahon said. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. While Werner is putting its costs “under the microscope heading into next year,” Mr. Mahon said technology is still an area of investment given its priority for company executives. “They understand that if we want to get to that stated goal of $5 billion in the next few years, and beyond that, we have to improve and increase our spend in technology,” Mr. Mahon said.

☆ Bank of America names the tech stocks set to benefit from a driverless car boom
▼ + stars: | 2022-12-15 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

Once considered the stuff of science fiction, Bank of America says self-driving cars now have "real-world visibility." The bank said it expects 2.2 million autonomous vehicles to be on the roads by 2028, citing research by consultancy firm Berg Insights. Internet companies Bank of America said this ramp-up in autonomous vehicles has "broad implications" for internet companies. The bank added that getting the cost of autonomous vehicles down to the level of conventional autos will be key to their transition. Bank of America has a price target of $43 on Uber, giving the stock potential upside of 59.3%.

☆ Gold slips as dollar firms to kick start big data week
▼ + stars: | 2022-12-12 | by ( ) www.cnbc.com time to read: +2 min

One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Gold prices fell on Monday, dragged down by a firmer dollar, while investors positioned for key U.S. inflation data and the Federal Reserve's rate-hike verdict due this week. Investors will keep a close eye on Tuesday's U.S. Consumer Price Index (CPI) data and Fed's final meeting of 2022 scheduled on Dec. 13-14. Additionally, the European Central Bank (ECB) and the Bank of England (BoE) are also set to announce rate hikes this week, as policymakers continue their battle against inflation. Spot silver lost 0.8% to $23.27, platinum fell 0.5% to $1,016.88 and palladium ticked 0.6% lower to $1,938.33.

☆ Kantrowitz: The price point for Disney's ad-supported streaming service is a strategic mistake
▼ + stars: | 2022-12-08 | 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 EmailKantrowitz: The price point for Disney's ad-supported streaming service is a strategic mistakeAlex Kantrowitz of Big Data discusses whether consumers will continue to have an appetite for streaming ads, as Disney+ launches its new ad-supported model.

☆ A new species of penguin-like diving dinosaur has been discovered
▼ + stars: | 2022-12-04 | by ( Zoe Sottile | ) edition.cnn.com time to read: +4 min

CNN —A new study found evidence at least one species of dinosaur may have been an adept swimmer, diving into the water like a duck to hunt its prey. The study, published in Communications Biology on December 1, describes a newly-discovered species, Natovenator polydontus. Scientists from Seoul National University, the University of Alberta, and the Mongolian Academy of Sciences collaborated on the paper. The Natovenator specimen is very similar to Halszkaraptor, another dinosaur discovered in Mongolia, which scientists believe was likely semiaquatic. “There is a real question of, OK, you’ve got a swimming dinosaur in the desert, what’s it swimming in?” he said.

☆ Chinese firm selling surveillance tech to Iran comes under scrutiny
▼ + stars: | 2022-12-01 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +11 min

Tiandy is one of several Chinese companies at the center of China’s vast domestic surveillance network, experts and human rights advocates say. A spokesperson for the Chinese embassy in Washington, Liu Pengyu, said the embassy could not speak on behalf of Chinese private companies. Last week, the Biden administration effectively banned the sale or import of new equipment from a number of Chinese surveillance firms but Tiandy Technologies was not named. Maya Wang, senior China researcher at Human Rights Watch, said Chinese surveillance technology tends to be less expensive and more attractive for some authoritarian governments. Like other video technology companies in China, Tiandy’s software includes an ethnicity tracking tool that supposedly can digitally identify someone’s race.

While the protests were largely tamped down, there continued to be scattered incidents of unrest. Experts say China will have a tough time navigating its way out of the pandemic without getting more people inoculated. The National Health Commission said Tuesday that it was especially focused on increasing vaccinations among people older than 80, though it did not announce a mandate. With new, mostly asymptomatic infections still being reported across China — 38,421 on Tuesday, down from a record 40,052 the day before — some Covid restrictions are still tightening. An opinion article Tuesday in People’s Daily, the official newspaper of the Chinese Communist Party, said officials at all levels must “unswervingly implement” the government’s Covid policies.

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