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☆ Portfolio manager: Bond is good hedge against risk asset when inflation is down, like now
▼ + stars: | 2024-09-27 | 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 EmailPortfolio manager: Bond is good hedge against risk asset when inflation is down, like nowAndrew Szczurowski with Morgan Stanley Investment Management explains why he believes there's still plenty of value in the bond market despite recent rallies amid the Fed's easing cycle.

Persons: Bond, Andrew Szczurowski, there's Organizations: Morgan Stanley Investment Management

☆ Trump Media insiders sell nearly 11 million shares after lock-up period expires
▼ + stars: | 2024-09-27 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

A major Trump Media shareholder has sold nearly all of its company shares, an SEC filing showed. It's the first known sale of Trump Media shares following a September 19 lock-up expiry. AdvertisementTrump Media shareholder United Atlantic Ventures has sold nearly all of its stake in the company, amounting to nearly 11 million shares. The sale is the first known case of company insiders ditching Trump Media shares now that restrictions have expired. AdvertisementGiven how volatile the Trump Media stock is, UAV may have received anywhere between $128 million and $170 million for its sale.

Persons: —, Andrew Litinsky, Wes Moss, Donald Trump's, Moss, Trump, DJT Organizations: Trump Media, SEC, United Atlantic Ventures, Service, Social, UAV, Trump

☆ Mark Zuckerberg should forget the Quest: Meta's Orion is the real game changer, tech analysts say
▼ + stars: | 2024-09-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

But some tech analysts contend people are most interested in truly wearable tech, like Orion. Quest is limiting because of its bulk — and Orion AR glasses are an improvement, the analysts said. Some said they're persuaded that augmented-reality wearable glasses like Orion have more potential than mixed-reality headsets, like the bulky Quest. Meta's Quest, pictured in May, doesn't have as much potential as its new Orion glasses, some analysts say. AdvertisementHe said that's why he likes Zuckerberg's vision of more easily wearable tech, like Orion.

Persons: —, Mark Zuckerberg, they're, Zuckerberg, Gene Munster, Munster, doesn't, It'll, Justin Post, Meta hasn't, Ben Thompson, Andrew Bosworth, Orion Organizations: Meta, Service, Orion, Quest, Deepwater Asset Management, Munster, Orion . Bank of America Locations: Orion .

☆ Shailene Woodley on Her Movie & TV Roles: 'Divergent,' 'Secret Life,' 'Big Little Lies'
▼ + stars: | 2024-09-27 | by ( Olivia Singh | ) www.businessinsider.com time to read: +13 min

AdvertisementOn her brief stint on 'The OC' and the biggest takeaway from her breakout role on 'The Secret Life of the American Teenager'Daren Kagasoff and Shailene Woodley in "The Secret Life of the American Teenager." It wasn't until I was a little bit older that I was like, "Oh, damn, that was a pretty big deal. Another movie that's a touchstone of your career is the "Divergent" series. AdvertisementThe final movie in that franchise never materialized and there were different stages of development of a TV movie and spinoff series. AdvertisementYou've said before that you were interested in coming back as Jane in a potential third season of "Big Little Lies."

Persons: Shailene Woodley, who's, Gia, Lisa Taddeo's, Taddeo, Woodley, it's, Zoom, Lisa, George Clooney, Andrew Garfield, she'd, Tris, Randy Holmes, Mischa Barton's, Kaitlin Cooper, Ben McKenzie, You've, —, I've, George Clooney's, Clooney, Gareth Cattermole, George, he's George Clooney, Molly Ringwald, Ashley Judd, Kate Winslet, It's, Alexander, Payne, didn't, Mary Jane Watson, hasn't, Mary Jane, Andrew, Garfield, I'm, Abrams, Jane, Reese, Nicole Organizations: Woodley, Business, American, Disney, Entertainment, Getty, BFI, Bobby Bank, Rey, Starz Locations: America, Star

☆ UK PM Keir Starmer touts pro-business agenda as he woos top Wall Street CEOs
▼ + stars: | 2024-09-27 | by ( Jacqueline Corba | ) www.cnbc.com time to read: +1 min

The United Kingdom is pursuing investment from America's biggest banks and tech giants, as the country looks to infuse growth in its stagnant economy. "We now have a Labour government whose number one priority is wealth creation," U.K. Prime Minister Keir Starmer told CNBC's Andrew Ross Sorkin in an exclusive broadcast interview Thursday. "We are a Labour party that is proud to say we are pro business just as much as we are pro worker." In July, Starmer became the first leader from the center-left Labour party to win a U.K. national election since Tony Blair — ending 14 years of Conservative rule. This week, Blackstone committed to investing $13 billion to build a data center in the northeast of England.

Persons: Keir Starmer, CNBC's Andrew Ross Sorkin, Starmer, Tony Blair —, Brian Moynihan, Jane Fraser, Larry Fink, Brad Smith, Jonathan Gray, Blackstone Organizations: Labour, Conservative, United Nations General Assembly, Bank of America, Citi, BlackRock, Microsoft, Blackstone Locations: Kingdom, New York City, England, Europe

☆ White Sox lose 121st game of season, most by any team in modern baseball history
▼ + stars: | 2024-09-27 | by ( Sam Blum | Cody Stavenhagen | ) www.nytimes.com time to read: +7 min

This was, perhaps, the closest thing the White Sox have had to a prideful moment all season. As The Athletic’s Jayson Stark noted, the White Sox have used 29 position players this season. After their most recent downturn — a 12-game skid — the White Sox besting the Mets for worst ever became a matter of when, not if. Getz insisted the White Sox are on the right trajectory and even said ownership will “potentially” invest more in the organizational infrastructure. Now members of this White Sox team will shoulder the burden of 121 losses and counting into an uncertain future.

Persons: Jerry Reinsdorf, Jerry, ”, Reinsdorf, “, Craig Anderson, it’s, we’re, Jayson Stark, Chris Getz, Getz, Justin Casterline, Grady Sizemore, Sizemore, Pedro Grifol, I’ve, ” Sizemore, “ I’ve, Garrett, Jared Shuster, Korey Lee, Zach DeLoach, Luis Robert Jr, ” Robert, that’s, Gavin Sheets, ” Sheets, ” Andrew Benintendi Organizations: DETROIT, Chicago White Sox, Los Angeles Angels, MLB, Sox, Tigers, White Sox, New York Mets, Mets, “, Angels, The Tigers, Chicago, Royals, Guardians, AL Central, American League Central Locations: Chicago

☆ A day after a once-in-a-thousand-year rainstorm, southern Appalachia faces Hurricane Helene
▼ + stars: | 2024-09-26 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

A rainstorm expected only once every 1,000 years deluged parts of southern Appalachia on Wednesday night, with as much as 8 inches falling in a day’s time in Asheville, North Carolina. Now, the area awaits some of the most intense rainfall forecast from fast-moving Hurricane Helene. In some areas, Helene could dump an additional 6 to 12 inches of rain, according to the National Hurricane Center. Wind gusts could reach hurricane strength at hilltops. Asheville is nearly 400 miles from Florida’s Big Bend, where the hurricane is expected to make landfall Thursday night.

Persons: Helene, “ We’re, ”, Andrew Kimball, ” Kimball Organizations: National Hurricane Center, National Weather Service, Greenville - Locations: Appalachia, Asheville , North Carolina, Greenville, Greenville - Spartanburg , South Carolina, Asheville, Florida’s Big Bend

New focus groups of skeptical young men planning to vote in this fall’s most critical battleground states illustrate how, for these voters, it’s all about Donald Trump. Polling has shown a significant gender gap in the race, with Trump holding the upper hand among men and Harris with women. Donald Trump and Vice President Kamala Harris debate for the first time during the presidential election campaign on Sept. 10. All but two of the voters leaning toward Harris said abortion will be a big factor in their vote. Asked to describe their generation, many of these young men painted a negative picture.

Persons: Donald Trump, Kamala Harris, Harris, SurveyMonkey, — Trump, Tim Walz’s, “ Young, Harris leaners, Trump, ”, Rich Thau, William C, Whitney Saleski, Jake T, Noah H, John M, Andrew H, ” “ Kamala Harris, MAGA, ” John M, “, Drake, Eric R, ” Joel M, —, Joe Biden, Margaret Talev, she’s, Win McNamee, ” Bret A, Jill Stein, he’s, it’s, ” Andrew, Brandon S, You’ve, Derek H, hasn’t, we’re Organizations: Trump, NBC, Syracuse University, Republican Party, Protesters, Getty, Democratic, Social, Syracuse University’s Institute for Democracy, Journalism, Citizenship, Hamas, Green Party Locations: Sago, Pennsylvania , Michigan, Wisconsin, Morton , Pennsylvania, Dayton , Ohio, Pennsylvania, Philadelphia, Kewaskum , Wisconsin, Israel, United States, Eau Claire , Wisconsin, Washington, Gaza, Oregon, Kaukauna , Wisconsin

Donald Trump narrowly captured each on his way to collapsing the Democrats’ vaunted “blue wall” in 2016. Wages going up. Wages going up. I talk to my friends, ‘Your wages going up?’ No. The pandemic-era stimulus checks, which Trump made a point of putting his name on, also come up regularly.

Persons: Hurley Coleman III, ’ ”, Phil Kerner’s, us, ” Kerner, ”, Barack Obama, Donald Trump, Joe Biden, ” Coleman, Kamala Harris, Hurley Coleman, Coleman, “, ” Hurley Coleman Jr, –, Phil Kerner, hasn’t, Edward, he’s, Kerner, George W, Bush, Guy, “ I’m, CNN –, CNN ‘, Trump ’ Kerner, I’m, “ It’s, Hurley Coleman Jr, Harris, HJ, He’s, Trump, Biden, that’s Organizations: CNN, Trump, General Motors, GM, of God, atrophied, Phil Kerner CNN, Republican, Democratic National Convention Locations: Saginaw , Michigan, Pennsylvania, Erie, Central Michigan, Erie , Pennsylvania, Saginaw

The Nasdaq Market site is seen on the day that shares of Truth Social and Trump Media & Technology Group start trading under the ticker "DJT", in New York City, U.S., March 26, 2024. United Atlantic Ventures LLC, a major shareholder in Trump Media , has sold or otherwise gotten rid of more than 7.5 million shares in the company, according to a regulatory filing on Thursday. UAV, whose managing member is Andrew Litinsky, owned 7,525,000 shares of Trump Media as of March 25, which represented 5.5% of the then-outstanding shares in the social media company, according to the 13G filing with the Securities and Exchange Commission. Former President Donald Trump owns more than 56% of Trump Media shares, which trade under the ticker DJT on the Nasdaq. UAV received more than 7.5 million shares in late March, when Trump Media went public after completing its merger with the blank-check company Digital World Acquisition Corp.

Persons: Andrew Litinsky, Donald Trump, Wes Moss, Trump, Moss Organizations: Nasdaq, Truth Social, Trump Media & Technology Group, United Atlantic Ventures, Trump Media, Securities and Exchange Commission, Twitter, Facebook Locations: New York City, U.S

☆ Meta CTO explains why it was important for Mark Zuckerberg to show off $10,000 smart glasses you can't buy
▼ + stars: | 2024-09-26 | by ( Jaures Yip | ) www.businessinsider.com time to read: +6 min

Meta unveiled its Orion AR glasses at the Meta Connect 2024 developer conference. Meta's CTO explained why it was important to show what the investment led to — even if you can't buy the glasses yet. But on Wednesday's Meta Connect 2024 developer conference, the CEO was finally able to unveil what many of those billions had been spent developing: the Orion AR glasses. AdvertisementMeta's Orion AR glasses, which feature displays built into the lenses and an array of sensors. AdvertisementMark Zuckerberg shows off the Orion AR glasses prototype at Meta Connect 2024.

Persons: Meta, —, Mark Zuckerberg's, He's, Zuckerberg, Andrew Bosworth, Stratechery's Ben Thompson, Bosworth, Mark Zuckerberg, Tim Cook, it's, Thompson Organizations: Orion, Meta, Service, Reality Labs, Facebook, Apple, Google, Apple Vision Pro, Meta's

☆ Black voters: Harris still lags behind Biden’s 2020 margins but new CNN poll suggests she has room to grow support
▼ + stars: | 2024-09-26 | by ( Edward Wu | ) edition.cnn.com time to read: +7 min

In the latest poll, 79% of Black registered voters say they would definitely vote, up from 68% in the June poll. The poll suggests Trump’s improvements among Black voters relative to 2020 are driven largely by Black voters under the age of 60. Harris is also generally viewed more favorably among Black registered voters compared with registered voters overall, even after accounting for Black voters’ overwhelming Democratic lean. Democratic Black likely voters, however, are twice as likely as Democratic likely voters overall to consider the economy their top issue (42%, compared with 19%). Results among Black registered voters have a margin of sampling error of plus or minus 7.8 percentage points; among Black likely voters, it is plus or minus 7.7 percentage points.

Persons: CNN — Kamala Harris, Donald Trump, SSRS, Joe Biden’s, Black, Trump, CNN’s, Harris, That’s, – Harris, Biden, Joe Biden, Andrew Harnik, don’t, CNN’s Jennifer Agiesta, Ariel Edwards, Levy Organizations: CNN, Trump, CNN’s, Biden, Black, Girard College, Democrats, Democratic Party, Black Democratic, Democratic Black, Democratic, White Americans, Black Americans Locations: Black, Philadelphia , Pennsylvania, United States

☆ NFL Week 4 preview: 5 things to watch out for as teams look to kick-start their offense
▼ + stars: | 2024-09-26 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +17 min

John Amis/AP Minnesota Vikings running back Aaron Jones lands in the end zone for a touchdown in Minneapolis on September 22. Brad Penner/USA Today Sports/Reuters Atlanta Falcons wide receiver Darnell Mooney scores a touchdown during the team's 22-21 win over the Philadelphia Eagles in Philadelphia on Monday, September 16. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8. Vincent Carchietta/USA Today Sports/Reuters Miami Dolphins and Jacksonville Jaguars players pray together at the end of the game in Miami Gardens, Florida, on September 8.

Persons: It’s, Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Brad Penner, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, he’s, Darnold, ” Darnold, Brian Flores, Kevin O’Connell, Joe Burrow, Burrow, Andy Dalton, Dalton, Denny Medley, Reuters Burrow, “, haven’t, Josh Allen, He’s, Allen, Lamar Jackson’s, Derrick Henry –, Jackson, skillset Jackson, ” Allen, …, “ He’s, ”, Jayden Daniels, Katie Stratman, Reuters “, ” Daniels, “ I’m, Mike Macdonald, Tua, Skylar Thompson, Tim Boyle, Tyler Huntley Organizations: CNN, NFL, Saints, Philadelphia Eagles, New England Patriots, Houston Texans, Cleveland Browns, Chicago Bears, Tampa Bay Buccaneers, Las Vegas Raiders, Miami Dolphins, Dallas Cowboys, Buffalo Bills, Jacksonville Jaguars, Getty Images Minnesota Vikings, Vikings, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Green Bay Packers, Packers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, New York Jets, The Jets, USA, Sports, Reuters Atlanta Falcons, AP Kansas City Chiefs, Cincinnati Bengals, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cowboys, Reuters Washington, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Titans, Bears, Reuters, Patriots, Bengals, New York Giants, AP Buffalo Bills, Arizona Cardinals, Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, 49ers, Texans, Cincinnati, Carolina, Browns, Ravens, Buffalo, Sunday, Monday’s, Cardinals, Detroit Lions, Disney, Lions, Seattle Seahawks, Seahawks, Seattle, Dolphins, Jaguars, New Orleans Saints, Carolina Panthers, Los Angeles Rams, Pittsburgh Steelers, Indianapolis Colts, Denver Broncos, Washington Locations: Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, East Rutherford , New Jersey, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Santa Clara , California, Inglewood , California, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Minnesota, Carolina, San Francisco, Charlotte, Baltimore, Washington, Arizona, Detroit

☆ Universal basic income pros and cons —according to experts
▼ + stars: | 2024-09-26 | by ( Allie Kelly | ) www.businessinsider.com time to read: +13 min

BI broke down the pros, cons, and frequently asked questions about basic income. Universal basic income and guaranteed basic income could fill gaps in the existing US social safety net, experts said. A benefit of basic income is the element of choice, according to Shafeka Hashash, associate director of guaranteed income at the Economic Security Project. Private donors often fully or partially fund basic income programs, lessening the cost burden on local governments. US states with active basic income programs include California, Illinois, Colorado, New York, Georgia, Louisiana, and more.

Persons: —, Melvin Carter, Paul, Shafeka Hashash, Hashash, It's, John Gillette, Oscar Wong, UBI, Andrew Yang, Howlette, hasn't, Michael Tubbs, Allan Baxter, What's, Sam Altman, Elon Musk Organizations: Service, Business, St, SDI, SNAP, Economic Security, Arizona, Rep, American, Orleans Mayor's, Youth, University of British Columbia, Alaska Permanent Fund, Tech Locations: Valley, America, Los Angeles and Illinois, Texas, Missouri, Arizona , Iowa, South Dakota, Orleans, Denver, Atlanta, Alaska, California , Illinois, Colorado , New York , Georgia, Louisiana, Canada, Brazil, China, Germany, India, Iran, Ireland, California, New Mexico, Oregon

☆ China: 'Unusual' to see such a combination of monetary measures at once, Goldman says
▼ + stars: | 2024-09-26 | 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 EmailChina: 'Unusual' to see such a combination of monetary measures at once, Goldman saysAndrew Tilton, chief Asia-Pacific economist at Goldman Sachs, says "even though individually they're fairly modest, collectively the message is that top policymakers want to do something to support growth heading into the end of the year."

Persons: Goldman, Andrew Tilton, Goldman Sachs Organizations: China Locations: Asia, Pacific

☆ Eric Adams faces pressure to resign as New York Democrats plot next moves
▼ + stars: | 2024-09-26 | by ( Gregory Krieg | ) edition.cnn.com time to read: +13 min

CNN —New York City Mayor Eric Adams, the rank-and-file transit cop who rose to the city’s most powerful office, is no longer the master of his political destiny. President Joe Biden, asked at the White House on Thursday if Adams should resign, said, “I don’t know.”What will Jeffries do? “We need Eric Adams to be successful as mayor because he is the mayor at this moment in time,” Jeffries said. “No one is above the law, including the Mayor of New York City,” Schumer said in a statement. “This is squarely about Mayor Adams’ ability to govern New York City, and for the New York City governance to be fully staffed to serve the people of New York City,” Ocasio-Cortez told reporters Wednesday afternoon on Capitol Hill before news of the indictment broke.

Persons: Eric Adams, Adams, brazenly, –, “, Damian Williams, ” Williams, ”, ” Adams, Adams ’, Ingrid Lewis, Martin, Frank Carone, Carone, Jumaane Williams, ” Carone, “ It’s Eric Adams, Kathy Hochul, Hochul, Joe Biden, Jeffries, Hakeem Jeffries, ” Jeffries, Hakeem, Laura Gillen, Anthony D’Esposito, you’re, you’ve, ” Gillen, Chuck Schumer, ” Schumer, Scott Stringer, Brad Lander, Sen, Zellnor Myrie, ” Myrie, ” Stringer, ” Lander, Alexandria Ocasio, Cortez, Mayor Adams, ” Ocasio, Bob Holden, Adams ’ White, ” Holden, Chris Banks, ” Banks, Julia Salazar, Gustavo Rivera, Jabari, Phara Souffrant Forrest, Emily Gallagher, Brooklyn, Tiffany Caban, Alexa Aviles, Sandy Nurse, Chi Osse, ” Councilwoman Vickie Paladino, Andrew Cuomo, Cuomo, “ Cuomo, “ He’s, ” Cuomo, Rich Azzopardi, hasn’t, CNN’s Gloria Pazmino Organizations: CNN, New, New York City, Democratic, New York Times, Southern, of, Gracie, White, Brooklyn Democrat, Republicans, New York Democratic, New York, Republican, Washington D.C, Yorkers, Rep, Queens, State Locations: New York, New, of New York, ”, Brooklyn, Washington, South Shore, New York City, Alexandria, City, Queens, Holden’s, Brownsville, East New York, Sens

☆ FDA approves Bristol Myers Squibb's schizophrenia drug, the first new type of treatment in decades
▼ + stars: | 2024-09-26 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

The Food and Drug Administration on Thursday approved Bristol Myers Squibb 's highly anticipated schizophrenia drug Cobenfy, the first novel type of treatment for the debilitating, chronic mental disorder in more than seven decades. Bristol Myers Squibb expects the twice-daily pill, which will be sold under the brand name Cobenfy, to be available in late October, executives told CNBC. Cobenfy could also be a huge long-term sales opportunity for Bristol Myers Squibb, which faces pressure to offset the potential loss of revenue from top-selling treatments that will see their patents expire. But they said the drug will likely have a slow launch, so it may not meaningfully contribute to Bristol Myers Squibb's top line in 2024 and 2025. "We've helped people, we've improved outcomes, we've provided caregivers and physicians with another tool that they can use."

Persons: Bristol Myers, Cobenfy, Guggenheim, doesn't, Andrew Miller, We've, we've Organizations: Drug Administration, Bristol, Bristol Myers Squibb, CNBC, Karuna Therapeutics Locations: U.S

☆ Nvidia's days of absolute dominance in AI could be numbered because of this key performance benchmark
▼ + stars: | 2024-09-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Liang told Business Insider he expects 90% of AI computing workloads will be in inference in the not-too-distant future. AdvertisementThat's why several startups are charging aggressively into the inference market — emphasizing where they might outperform the goliath in the space. Speed is an important factor when multiple AI models talk to each other and waiting for an answer can dampen the magic of generative AI. The number of tokens per second that can be consumed (when a prompt goes in) and generated (when a response comes out) is a common metric for AI computing speed. AdvertisementCerebras's AI chip is roughly size of a dinner plate.

Persons: —, Rodrigo Liang, Colleen Kress, workloads, Liang, Andrew Feldman, Bernstein, Colette Kress, Kress, Nvidia's, SambaNova, Anthropic's Claude, Nvidia isn't, Jensen, Dylan Patel, Patel Organizations: Service, Business, SambaNova Systems, Nvidia, ARM, AMD, o1, BI Locations: Artificialanalysis.ai, TCO

An explosion on Wednesday rocked the California courthouse where Michael Jackson was tried and acquitted nearly 20 years ago, authorities said. Two people suffered non-life-threatening injuries and a man was taken into custody shortly after deputies responded to the incident at 8:48 a.m. local time, officials said. Jackson, who died in 2009, was accused of sexually abusing a little boy at his Neverland Ranch home. He was acquitted on all charges at the 2005 trial held in Santa Maria. Please check back for updates.

Persons: Michael Jackson, “, Santa Barbara County, Jackson Organizations: Residents Locations: California, Santa Maria, Los Angeles, Santa Barbara

A chemical gas leak from a rail tanker near Cincinnati prompted fears of an explosion and evacuation orders for people within at least a half-mile radius of the incident. Firefighters try to contain a dangerous chemical leak from a train car in Whitewater Township, Ohio. The threat for the community 22 miles east-northeast of Cincinnati is that the rail car tank has been heating up and will explode if it continues, Siefke said. It wasn't yet clear who owns the rail car or its cargo, officials said Tuesday night. Whitewater Township and Hamilton County officials said the situation will likely remain static overnight as they await input from environmental agencies.

Persons: Mike Siefke, It's, it's, Siefke, ” Siefke, Communications Andrew Knapp Organizations: Little, Rescue, Authorities, Firefighters, U.S . Centers for Disease Control, CDC, Environmental, Rivers Local School District, Central Railroad, Ohio Department of Transportation, Communications Locations: Cincinnati, Whitewater Township, Kentucky, Little Miami, Whitewater Township , Ohio, Indiana, Hamilton

☆ My brother proposed to his girlfriend at my wedding. I was the one who suggested it.
▼ + stars: | 2024-09-25 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +6 min

He was surprised — Kenrick told my coworker, "There's no way. My brother and I are extremely closeGrowing up, my brother Andrew Matamoros and I were always very close. My brother and my husband also knew, of course, and the wedding videographer and photographer were in on it so they could capture the moment. But I was also so happy to share the day with my brother and his now-wife. I wouldn't have shared my wedding day with anyone else.

Persons: Rebekah Matamoros, Kenrick Roach, Kenrick, — Kenrick, we've, Andrew Matamoros, Andrew, Jinnese, Bro Organizations: Service, LinkedIn Locations: Houston, Singapore, Jinnese Matamoros, Jinnese

☆ NFL Week 3 takeaways: Bills and Chiefs on collision course?
▼ + stars: | 2024-09-25 | by ( Ben Morse | ) edition.cnn.com time to read: +17 min

Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. Charlie Riedel/AP The best photos from the 2024 NFL season Prev NextAre the Bills and Chiefs on an AFC Championship collision course? Through three weeks, the Buffalo Bills and the Kansas City Chiefs look like the teams to beat in the NFL.

Persons: Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Brad Penner, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Quarterback Patrick Mahomes, haven’t, ” Mahomes, “ We’ve, we’ve, that’s, Todd Kirkland, Josh Allen, New York Jets – Allen, Allen, Mahomes, Adrian Kraus, Burrow, Jeff Dean, ’, Mike McCarthy’s, CeeDee Lamb, McCarthy, Jeffrey McWhorter, ”, Jerry Jones, Caleb Williams, Williams, Jaylon Jones, Zach Bolinger, “, It’s, I’ve Organizations: CNN, NFL, National Football League, Buffalo Bills, Jacksonville Jaguars, Getty Images Minnesota Vikings, Vikings, Houston Texans, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Green Bay Packers, Packers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, New York Jets, New England Patriots, The Jets, USA, Sports, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Cincinnati Bengals, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Dallas Cowboys, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Reuters, Patriots, Bengals, New York Giants, AP Buffalo Bills, Arizona Cardinals, Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, AFC, Miami Dolphins, Buffalo, Ravens, Co, Kansas City, Cincinnati, Washington, Associated Press, Pittsburgh Steelers, ‘, New, New Orleans Saints, Dallas, Indianapolis Colts, Colts, USC, Indianapolis, New York Jets New York Giants, Cleveland Browns Chicago Bears, Indianapolis Colts Houston Texans, Minnesota Vikings Philadelphia Eagles, New Orleans Saints Los Angeles Chargers, Pittsburgh Steelers Denver Broncos, Tampa Bay Buccaneers Green Bay Packers, Tennessee Titans Carolina Panthers, Las Vegas Raiders Miami Dolphins, Seattle Seahawks Detroit Lions, Arizona Cardinals Baltimore Ravens, Dallas Cowboys San Francisco 49ers, Los Angeles Rams Kansas City Chiefs, Atlanta Falcons Jacksonville Jaguars Locations: Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, East Rutherford , New Jersey, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Santa Clara , California, Inglewood , California, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Kansas, Buffalo, New Orleans, Baltimore, Pennsylvania

☆ Beijing is no longer hiding its panic about the state of its economy
▼ + stars: | 2024-09-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

The measures were significant because Beijing has been holding back on a "bazooka" stimulus even though China's economy has been struggling to stage a convincing recovery post-pandemic. To be sure, this is not the first attempt China has made at boosting its economy in the past few years. However, Beijing's display of resolve also triggered market speculation that it's alarmed and panicked over the state of its economy, which is facing multiple challenges. Related storiesNotably, even on the heels of China's big stimulus announcement, most analysts also think Beijing still needs to do more to boost China's economy, particularly in boosting gloomy domestic demand. "Onshore stocks are a policy- and momentum-driven market, and policy signals don't get much clearer than this," they wrote.

Persons: —, Pan Gongsheng, Andrew Rocco, Rocco didn't, Pan, Freya Beamish, Rory Green, Anthony Sassine, Sassine, Rocco, macroeconomy, China's CSI300 Organizations: Service, People's Bank of China, Business, Lombard, Investors, Zacks Investment Research, Global Data.TS, Yahoo Finance, Data.TS Locations: China, Beijing, Swiss, London

☆ Andrew Holmes’ hyperreal drawings of trucks look just like photographs
▼ + stars: | 2024-09-25 | by ( Francesca Perry | ) edition.cnn.com time to read: +6 min

CNN —Andrew Holmes’ images of trucks on Californian highways are sun-drenched, saturated and sharp. Now, Holmes’ works have been brought together in a book — “Gas Tank City” (Circa Press) — alongside a show of the same name at London’s Architectural Association (AA). The drawings that make up the "Gas Tank City" book and exhibition celebrate every inch of the classic American truck, particularly the iconic Kenworth model. While the words “hyperreal” and “photorealistic” are used to describe his work, Holmes points out that the drawings are “completely unlike” photographic images. Together, “Gas Tank City” creates a portrait of life on the road, detached from specificities of time and place.

Persons: Andrew Holmes, Holmes ’, Holmes, Richard Rogers, ”, ” Holmes, “ Organizations: CNN, Gas, Press, London’s Architectural Association, AA, Centre Pompidou, “, “ Gas Locations: Paris, Bromsgrove, New York City, Los Angeles, California, London, Andrew Holmes In California, England, “ Gas Tank, ”

☆ How your tech stock holdings will be impacted by the election
▼ + stars: | 2024-09-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

The outcome of November's presidential election could have major implications for some popular technology stocks. Meanwhile, a victory by Vice President Kamala Harris may lead to tighter AI regulations focused on safety, ethics and protecting consumers. AI chip giant Nvidia is another likely winner in both split scenarios and a Republican sweep. Heightened antitrust controls over Google and its local search monopoly in a Democrat sweep and split Harris government should also benefit shares of Yelp down 27% this year. Republican sweep Raymond James views Salesforce as a potential big winner in a Republican sweep, noting that "more favorable" corporate tax rates should benefit cyclical software names.

Persons: Raymond James, Donald Trump, Trump, Ed Mills, Kamala Harris, Mills, Harris, Melissa Fairbanks, John Davis, Andrew Marok, bode, Salesforce, Davis, Datadog, Adam Tindle, Josh Beck Organizations: Democrat, Veeva Systems, Flex, Visa, Democratic, Republican, Trump, Republican Senate, Microsoft, Nvidia, Verizon, U.S, Google, Apple, Texas, Intel, Qualcomm, Apollo Global Management, Arista Networks Locations: China, Washington, outperformance, Saudi Arabia, Yelp

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