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Called Retro Biosciences, the startup's goal is simple yet supremely ambitious: Add 10 healthy, enjoyable years onto the back end of our lifetimes. But Retro Biosciences actually fits quite neatly into Altman's futuristic worldview. Retro BiosciencesRetro Biosciences sits about 30 miles south of OpenAI's San Francisco headquarters, where ChatGPT was hatched. Joe Betts-LaCroix is the CEO of Retro Biosciences. There are things we already know work super well to improve human longevity, like exercise, diet, faith, and social support.
Persons: Sam Altman, he's, Elon Musk, Mark Zuckerberg, Altman, Instacart —, Joe Betts, LaCroix, isn't, Betts, Retro's, spry, Yamanaka, Shinya Yamanaka, it's, they've, Sora, Thiel, Jeff Bezos, Bezos, Yuri Milner, Billionaire Peter Thiel, He's, Aubrey de Grey, Christian Angermayer, biogerontologist Daniel Promislow, Altman's, Matt Buckley Organizations: Business, OpenAI, Biosciences, Harvard, MIT, Caltech, Extension, Apple, Stanford University, Retro, Bezos, Labs, Billionaire, Cambrian, Retro Biosciences, Bloomberg Locations: geroscience, Silicon Valley, OpenAI's San Francisco, Meta, Golden City, Retro.bio, Redwood City , California, San Diego
Truth Social owner Trump Media will begin trading Tuesday as the merger closesCNN —Investors have approved a deal on Friday to make Truth Social owner Trump Media a publicly traded company. The new company will be called Trump Media & Technology Group and trade under the ticker DJT, Trump’s initials. Shareholders voted to approve Trump Media’s merger with a blank-check company, following years of legal and regulatory obstacles. Trump will own a dominant stake in a public company, with shares worth more than $3 billion at current market prices. First, experts say the market is drastically overvaluing Trump Media based on the company’s fundamentals.
Persons: Donald Trump, Trump, Trump won’t, , Matthew Kennedy, Kennedy, Charles Whitehead, Jonathan Macey, Jay Ritter, Ritter, Whitehead, , Xavier Kowalski, Schulte Roth, Zabel, ” Banks, ” Whitehead, , Organizations: Social, Trump Media, CNN, Digital, Corp, Trump Media & Technology Group, Shareholders, Trump, Renaissance Capital, Cornell Law School, SEC, University of Florida, Locations: New, Manhattan, ” Yale
Societe Generale is raising its 2024 S & P 500 target thanks to the enthusiasm surrounding the contribution artificial intelligence will make to corporate profits. The S & P 500 closed Wednesday at 5,224.62. "We upgrade our S & P 500 target on rational optimism," Manish Kabra, head of U.S. equity strategy at the bank, wrote in a Thursday note. To be sure, Kabra raised his S & P 500 earnings outlook to 18% in 2024 from 15% previously, but anticipates a slowdown in earnings growth expectations in the second half of the year. The higher S & P 500 target is "on the back of the artificial intelligence boom in 2024," Kabra wrote.
Persons: Manish Kabra, Kabra, — CNBC's Michael Bloom Organizations: Generale, CNBC Market, Survey, Bank of America, UBS, Nasdaq, Federal Reserve
If you like your situation right now — your job, your house, your car — you can keep it. The labor market has cooled off somewhat, making it less advantageous to hunt for a new job. The car market is in a similar situation. Employers are hiring as if there's a relatively weak labor market, not a strong one. Yes, the labor market is strong, but it's not a great time to go looking for a new job.
Persons: Joanne Hsu, there's, they're, , Dana Peterson, that's, it's, Matt Darling, Darling, Tamara Charm, Charm, Emily Stewart Organizations: University of Michigan, Labor Statistics, Conference Board, Companies, Employers, Niskanen, McKinsey, Business
One stock is a "promising AI investment" and set to be a "serious player" in a corner of the space, according to Brian Stutland of Equity Armor Investments. They are really starting to become very creative in the AI world," Stutland, a portfolio manager at the firm, told CNBC's "Street Signs Asia " last week. Palantir has been scaling its Artificial Intelligence Platform, or AIP, and Karp said the company carried out nearly 600 pilots with the technology last year. Shares of Palantir jumped nearly 10% on March 6 after Palantir announced its Tactical Intelligence Targeting Access Node was selected by the U.S. Army . TITAN uses artificial intelligence to provide targeting information for missiles.
Persons: Brian Stutland, That's Palantir, CNBC's, Alex Karp, Palantir, Karp, Stutland, Morningstar, Dan Ives, Ives, — CNBC's Ashley Capoot, Keris Lahiff Organizations: Equity, Investments, AIP, Intelligence, U.S . Army, Fund, Wedbush, Securities, Global TAM Locations: U.S
CNN —Hey, parents, leave your kids alone. There is the obvious threat of school shootings, which is surely one reason why parents may want their children to have phones on them. Several parents told me that they also strive to stay connected to their kids in emergencies, while minimizing distractions at school. Social media platforms need to do their part in restricting access to their platforms for young kids. And school leadership need to stand up, even in the face of anxious or demanding parents.
Persons: Jill Filipovic, CNN —, That’s, what’s, Pew, ­, it’s, Jean Twenge, Derek Thompson, ” Twenge, , , Michael Smith, , Kathleen Moran, ” Moran, ” Beatrice Robbins Organizations: Twitter, CNN, UNESCO, Aspen Institute, Apple Locations: New York, United States, Brooklyn, Virginia Beach
During the interview, Naim rejected defining Hamas’ attacks as terrorism, falsely claiming that his organization does not target civilians. Hamas has denied international organizations any access to those hostages still in captivity to assess their wellbeing. While Naim denied the allegations of sexual violence, he said Hamas was unable to account for the wellbeing of the hostages because of the continued bombardment of Gaza. In recent weeks, many civilians in Gaza have increasingly blamed Hamas for the mounting starvation. This year, it comes against the backdrop of the ongoing war in Gaza, Israeli crackdowns on Palestinian militant groups in the occupied West Bank and Hamas’ calls for more attacks.
Persons: Jerusalem CNN —, , , Basem Naim, Naim, Israel, Pramila Patten, ” Naim, hasn’t, ” Patten’s, Netanyahu’s, West Bank “, Ramadan, CNN’s Alex Marquardt Organizations: Jerusalem CNN, CNN, United, Hamas, Israel, United Nations, UN, Hamas ’, Reuters, , Gaza, West Bank Locations: Jerusalem, Gaza, United Nations, Istanbul, Turkey, Israel, Hamas, Doha, Qatar, Aqsa
Unsurprisingly, several flashing indicators suggest that investors are feeling good about the market:• CNN’s Fear & Greed Index: The indicator, which measures seven barometers of market sentiment including the VIX, Wall Street’s most well-known measure of expected stock volatility, is in “greed” territory. Market sentiment is often seen as a contrarian indicator. That means that when the herd is optimistic, money managers take it as a sign that stocks will fall, and vice versa. A closely watched gauge of US wholesale inflation rose at its fastest pace in months, according to new data released Thursday. In February, car sales climbed 1.8%, purchases of electronics and appliances increased 1.5% and sales at restaurants rose 0.4%.
Persons: • Charles Schwab, Yardeni, , Alicia Wallace, Price, Gus Faucher, Read, Bryan Mena Organizations: CNN Business, Bell, New York CNN, Dow Jones, Nasdaq, Intelligence, Research, Bureau of Labor Statistics, PPI, of Labor Statistics, PNC Financial Services, Retail, Commerce Department, Gas Locations: New York
That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.
Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's
Criteo operates across three segments – marketing solutions, retail media, and Iponweb – but generated 83% of its $1.95 billion of revenue in 2023 from the marketing solutions segment. To many in the investor community, this was the death knell for cookies leading to uncertainty for Criteo's largest segment. Additionally, the company's retail media segment is a very appealing and growing business using software as a service for e-commerce companies. Petrus will likely nominate outside directors to the board as they rarely propose Petrus insiders for board seats. If it does not settle, Petrus has shown that they are willing to take a proxy fight to a vote.
Persons: Petrus, Rachel Picard, Megan Clarken, Alphabet's, Criteo, Frank Layden, Petrus —, Neuberger Berman, AllianceBernstein, Evercore, Ken Squire Organizations: Criteo, Petrus Advisers, Nasdaq, Alphabet's Google, TAC, Cadian Capital Management, Bloomberg, Reuters, 13D Locations: France, Europe, Americas, Asia, Pacific
Today, Celeste reads a “Modern Love” essay about exactly that bond, a mother trying desperately to reach her child. Why do you think you’re so drawn to tiny things? If you’re going to make something in miniature, you have to spend a lot of time really looking at it. Because, OK, Betsey’s daughter spray paints, “Too many bushes, not enough trees,” and you’re going around putting, honestly, beautiful lines of T.S. So there is something about that language that even if you think you’re rational, it’s getting to you somehow.
Persons: anna martin, ” I’m Anna Martin, you’re, Celeste Ng, Celeste, they’re, ” celeste, anna martin So, celeste ng, anna martin Tell, I’ve, I’m, celeste, anna martin Well, It’s, , Betsy MacWhinney, George W, Bush, Marissa, strode, , Wendell Berry’s “, Mary Oliver, Oliver, Berry, Marissa didn’t, I’d, wouldn’t, anna martin Isn’t, Betsy, She’s, anna martin Really, anna martin Celeste, Eliot, you’ve, ” anna martin, celeste ng I’m, anna martin Talking, she’s, anna martin Wow, anna martin I, didn’t, who’s, anna martin Betsy, Wendell Berry, what’s, , anna martin I’m, we’ve, He’s, anna martin He’d, Anna, Brittany Howard, brittany howard Love Organizations: The New York Times, eBay, Farmer, NASA Locations: manila, Sierra Leone, T.S, Hong Kong, There’s
CNN —Hamas said Tuesday there could be no “exchange of prisoners” before a ceasefire in Gaza, as it responded to proposals from Egyptian and Qatari mediators. “Any prisoner exchange will not be completed except after the completion of all this.”Hamdan also accused Israel of stalling on reaching an agreement and warned that the negotiations would not be “open-ended” as Israel continues its offensive in Gaza. The response came just hours after US President Joe Biden said a potential ceasefire was “in the hands of Hamas” as he boarded Air Force One at Hagerstown airport. Biden said the “Israelis have been cooperating” and that a ceasefire is necessary. “We need a ceasefire,” he said, calling the deal on the table a “rational offer” and saying the Israelis had agreed to it.
Persons: , Osama Hamdan, ” Hamdan, Hamdan’s, Joe Biden, Biden, Mandel Ngan, Ramadan, Benjamin Netanyahu, it’s, Israel, Kamala Harris Organizations: CNN, Air Force, Hagerstown Regional Airport, Getty, Israel, Hamas, Israeli, Nations, Crisis Locations: Gaza, Beirut, , Israel, Egypt, Qatar, Hagerstown, Hagerstown , Maryland, AFP, Jerusalem, Cairo
In a January 13 press conference, Israeli Prime Minister Benjamin Netanyahu boasted about permitting “minimal humanitarian aid” to enter Gaza. “We provide minimal humanitarian aid,” Netanyahu said. Other trucks carrying dates have been allowed into Gaza, according to UN data. Over 1,000 children have undergone leg amputations in Gaza, according to UNICEF, some without anesthesia. “An Israeli tank missile hit her when she was on the sixth floor of our building,” Bseiso told CNN.
Persons: Jordan, Joe Biden, Tamim al, Chris Murphy, Abed Zagout, , , ” COGAT, COGAT, Benjamin Netanyahu, ” Netanyahu, Israel, Clodagh Kilcoyne, “ I’ve, Janti Soeripto, we’ve, ” Soeripto, Chris Van Hollen, Jeff Merkley, ” Van Hollen, they’d, Van Hollen, ” Tania Hary, GISHA, Ahed Bseiso, Hani Bseiso, ” Bseiso, ” Ahed, Bseiso, Ghassan Abu, Sittah, ” Abu, Dr Ghassan Abu, Alex Platt, Um Adel, Khan Younis, Jamie McGoldrick, Marwan al, Mary Rogers Organizations: Jordan —, CNN, United Nations Children's Fund, UNICEF, Getty, Children, UN, , Bseiso Medicines, World Health Organization, Jordanian Hashemite Charity Organization Locations: Gaza, Gaza City, Thani, , Anadolu, Arish, Rafah, Gazan, there’s, Territories, COGAT, ” Israel, Israel, Egypt, Nitzana, Palestinian, London, Abu, British, Khan, Jordanian, Jordan, Al
While economists and investors fret over China's low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years. Weighed down by investors' concern about the broader Chinese economy, shares of Yum China have fallen 27% over the past year, dragging its market value down to $17.51 billion. Despite Wall Street's worries, Yum China's sales are growing. "I think the Chinese consumer has become more rational over the last few years," she told CNBC. But in lower-tier cities, such as Chengdu, Yum China is seeing stronger sales growth because housing is cheaper and consumers have more cash to spend.
Persons: Joey Wat, Wall, Yum, Wat Organizations: Yum, Yum Brands, CNBC Locations: China, Yum China, Shanghai, Beijing, Wat, Chengdu, Cities
With Covid-19 disruptions in the rearview mirror and the cruise industry back on track, another cruise line has taken a step towards possibly going public. Melius Research believes a Viking IPO makes rational sense. Norwegian Cruise Line , whose recovery has lagged its rivals, reported on Tuesday its first profitable year since 2019 . While shares of Norwegian, Royal Caribbean and Carnival are all down so far this year, they had a blockbuster 2023. A Viking IPO could bring both," he said.
Persons: Conor Cunningham, Cunningham Organizations: Viking Holdings, U.S . Securities, Exchange Commission, Research, Norwegian Cruise, Norwegian, Royal, Royal Caribbean, Carnival Locations: Norwegian, Royal Caribbean
Surrealism Is 100. The World’s Still Surreal.
  + stars: | 2024-02-28 | by ( Nina Siegal | ) www.nytimes.com   time to read: 1 min
It’s a fish in the shape of a piano, floating in a clear blue sky, seen through a keyhole. Surrealism, the art movement that gave us disembodied eyeballs, melting clocks and animals with mismatched parts, was born in 1924 when the French poet André Breton published a treatise decrying the vogue for realism and rationality. Breton argued instead for embracing the “omnipotence of dreams” and exploring the unconscious and all that was “marvelous” in life. “The mere word ‘freedom’ is the only one that still excites me,” Breton wrote in his “Surrealist Manifesto.”It was a literary idea that became an art movement and revolutionized nearly all forms of cultural production. It’s now commonplace to call pretty much any weird experience “surreal.”
Persons: André Breton, Breton, ” Breton Locations: French
France's suggestion that Ukraine's allies could potentially send ground troops into Ukraine has caused indignation and outrage in Russia, with officials warning that it could provoke a direct conflict between Russia and NATO member states. Eyebrows were raised Monday when French President Emmanuel Macron suggested that European heads of state and Western officials, who met in Paris on Monday, had talked about the possibility of sending ground troops into Ukraine. "There is no consensus today to officially, openly, and with endorsement, send troops on the ground. Moscow was quick to seize on the comments, with the Kremlin's Press Secretary Dmitry Peskov telling reporters Tuesday that if European NATO members sent troops to fight in Ukraine it would make a conflict between Russia and NATO inevitable. Russian Foreign Minister Sergei Lavrov also weighed in, advising any countries considering sending troops to Ukraine to "use their heads," news agency TASS added.
Persons: Emmanuel Macron, Macron, Dmitry Peskov, Sergei Lavrov, Lavrov Organizations: NATO, Kremlin's, TASS Locations: Ukraine, Russia, Western, Paris, Moscow, Europe
CNBC's Jim Cramer on Monday reminded investors there are many reasons to be optimistic about the current market, explaining why some companies beat Wall Street's expectations and are now seeing gains. Cramer named Domino's Pizza , whose Monday earnings beat propelled its stock, closing up 5.85%. Impressed by the chain's success despite an inflated economy, Cramer said the stock jumped because many investors didn't give Domino's the benefit of the doubt. CEO Nikesh Arora insisted Palo Alto's lowered guidance was due to a changing business model, not a lack of demand for its cybersecurity products. "These moves are all signs that are emblematic, not of a bubble, but of companies doing much better than expected," Cramer said.
Persons: CNBC's Jim Cramer, Cramer, didn't, Monday's, Nikesh Arora, Palo, Ralph Lauren, they're Organizations: Palo Alto Networks, Walmart
CNN —Negotiations to release Russia’s opposition leader Alexey Navalny in a prisoner swap had reached their “final stage” just before his sudden death, a top aide to Navalny has said. “Navalny was supposed to be free in the coming days because we had achieved a decision on his exchange,” Pevchik said. Putin had recently signaled his interest in a prisoner exchange with the West involving Krasikov and Gershkovich. Pevchik claimed that Russian oligarch Roman Abramovich had served as “an informal negotiator” and delivered the prisoner swap proposal to Putin. Navalny’s body was returned to his mother on Saturday, more than a week after his death.
Persons: Alexey Navalny, , Navalny, Vadim Krasikov, Maria Pevchik, ” Pevchik, , ” Navalny, CNN’s Matthew Chance, Dmitri Peskov, Ebrahim Noroozi, Matthew Miller, Evan Gershkovich, Paul Whelan, Putin, Tucker Carlson “, Navalny “, Lyudmila Navalnaya, Pevchik, nodded understandingly, Henry Kissinger, Kissinger, Abramovich, Navalnaya, Alexey, ” Peskov, ” Kira Yarmysh, Alexey ” Organizations: CNN, YouTube, CNN’s, State Department, Wall Street, Fox News, Kremlin, Locations: Russian, Germany, Chechen, Berlin, Russia, Krasikov, Siberia, Ukraine,
When I traded in my iPhone for a dumb phone, I found I could be a better, rejuvenated parent. AdvertisementI traded in my iPhone for a dumb phoneAfter a lot of hemming and hawing, I took the plunge and gave up my smartphone. My dumb phone has all the basic capabilities: calls, texts, even a GPS. Although I have a rational understanding of my switch to a dumb phone, I was sure my children would revolt, especially in the car. AdvertisementCarmella Guiol is the creator of Scroll Sanity, a newsletter and podcast about staying sane in a digital world.
Persons: , hemming, hawing, DJ Mama, journaling, I'm, shouldn't, Carmella Guiol Organizations: Service
Dividend stocks came under the spotlight after Meta unexpectedly announced a dividend for the first time. BofA has also been bullish on dividend stocks lately, saying investors may flock back to such stocks for income if yields fall this year, in turn driving up this segment of stocks. Wall Street and other pros share their tips on how to pick good dividend stocks and what names will generate sustainable income. In fact, using that strategy mitigates the risk of relying only on dividend income if higher rates affect dividend distributions, according to Stutland. "This combination provides a buffer against future interest rate hikes and offers the possibility of capital appreciation alongside dividend income."
Persons: Meta, BofA, Brian Stutland, Stutland, Goldman, Stocks, It's, — CNBC's Michael Bloom Organizations: CNBC Pro, Morningstar, Walmart, Target, Depot, Verizon, Treasury
When my iPhone suddenly stopped working 12 months ago, my immediate reaction surprised me. Like, according to PC Mag 67% of millennials, I’ve tried and failed to spend less time on my phone. I’ve downloaded all of the productivity apps, tried making rules and systems, and read books about breaking bad habits — to no avail. WhatsApp only works if you have a smartphone, so friends and family who don’t use Facebook Messenger are nearly uncontactable. I’ve become quite accustomed to not even having my phone on or taking it with me everywhere I go.
Persons: I’ve, Steve Jobs ’, overstimulation, I’m, , Hyperconnectivity Organizations: Service, Business, Nokia
CNN —The University of Alabama at Birmingham health system is pausing in vitro fertilization (IVF) treatment following an Alabama Supreme Court ruling that found frozen embryos are children, the health system said in a statement to CNN. UAB said it was pausing IVF treatments while it evaluates the court’s decision. In the sole full dissenting opinion to the decision, Alabama Supreme Court Justice Greg Cook warned of the potential consequences. Critics have also expressed concerns the ruling creates a road map that groups and legislators across the country who have previously targeted fertility treatments can now follow. “This cruel ruling, and the subsequent decision by UAB’s health system, are horrifying signals of what’s to come across the country,” she said in her Wednesday statement.
Persons: , , Greg Cook, ” Cook, , Barbara Collura, ” Collura, Critics, Organizations: CNN, The University of Alabama, Alabama Supreme, UAB, Alabama’s Medical, University of Alabama, Birmingham Locations: Birmingham, Alabama, UAB, Florida
For 30 years, however, I've suffered from a severe fear of flying. I did so many things before flyingThe strategies I used to depend on were based on manufacturing control over things out of my control. Here are 3 things that have helped me control my fear of flyingFriends and family like to list statistics for me. I know flying is safer than driving. When the plane bounces through turbulent air, I tell myself, "I feel scared, but what I'm doing is actually very safe."
Persons: , I've, It's, I'd, what's, lightheaded, Imodium, They've Organizations: Service Locations: California , Montana, Massachusetts, India, Pittsburgh, Boston
Vasily Pindyurin | fStop | Getty ImagesConsumers lost a record $10 billion to fraud in 2023, and imposter scams were the most prevalent swindle, according to the Federal Trade Commission. Nearly 854,000 people filed complaints to the FTC about imposter scams in 2023. Consumers lost $2.7 billion to such scams in 2023, according to FTC data. In addition to financial loss, "we know fraud causes significant emotional and psychological harm," he added. Fraud victims lost $1.9 billion and $1.4 billion via these payment channels, respectively, in 2023.
Persons: Vasily Pindyurin, Hardeep Rai, Rai, , fraudsters, Breyault Organizations: fStop, Getty, Federal Trade Commission, Consumers, FBI
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