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☆ Nvidia CEO Jensen Huang's bet big on A.I. is paying off as his core technology powers ChatGPT
▼ + stars: | 2023-03-07 | by ( Katie Tarasov | ) www.cnbc.com time to read: +8 min

As the engine behind large language models (LLMs) like ChatGPT, Nvidia is finally reaping rewards for its early investment in AI. Nvidia counts on China for about one-quarter of its revenue, including sales of its popular AI chip, the A100. Nvidia Founder and CEO Jensen Huang shows CNBC's Katie Tarasov a Hopper H100 SXM module in Santa Clara, CA, on February 9, 2023. Nvidia founders Curtis Priem, Jensen Huang and Chris Malachowsky pose at the company's Santa Clara, California, headquarters in 2020. "We invented this new way of doing computer graphics, ray tracing, basically simulating the pathways of light and simulate everything with generative AI.

☆ Here are the 5 best ways to take advantage of a comeback rally for foreign stocks, according to 5 market-beating international fund managers
▼ + stars: | 2023-03-01 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Here are five ways to invest to take advantage of a long-term rally for foreign stocks. Yahoo FinanceEuropean stocks spark an unexpected rallyThe turnaround for foreign stocks was fueled by a sudden reversal for European equities. "So foreign, value stocks over growth stocks, commodities should do OK — and all else held constant — you should see some downward pressure on the US dollar as well." Those modest expectations are reflected in the cheap valuations of international stocks, especially those in Europe, Hill said. 5 ways to invest while international stocks reboundNelson's strategy in running the EuroPac International Value Fund is very similar to that of the Tweedy, Browne International Value Fund, which Insider profiled in December.

☆ Russia’s New Offensive Sends Conscripts Into the Teeth of Ukraine’s Lines
▼ + stars: | 2023-02-27 | by ( Andrew E. Kramer | Tyler Hicks | ) www.nytimes.com time to read: 1 min

LYMAN, Ukraine — Peering through an infrared scope, a Ukrainian soldier noticed some heads poking over a trench a few dozen yards away. “‘Are there any of our guys in front of us?’” he asked, according to an account of the ensuing firefight by fellow Ukrainian soldiers. Two Ukrainians crept forward into the muddy wasteland of artillery craters between the two trench lines outside the eastern city of Lyman, eventually reaching the wreckage of an armored personnel carrier. Using it as cover to shoot from an unexpected angle, they forced the Russians to retreat. When it was over, they found the body of one soldier.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Tesla Semi is finally hereFive years after Elon Musk first announced the Tesla Semi, it's finally hitting roads. CNBC visited Pepsi's Frito-Lay facility in Modesto, California, where it is using the new electric trucks, to see whether the Semis live up to the hype.

☆ Elon Musk promised a lot with the Tesla Semi. Here's how it stacks up now that it's finally here
▼ + stars: | 2023-02-18 | by ( Andrew Evers | ) www.cnbc.com time to read: +1 min

First announced by Elon Musk in 2017, the Tesla Semi has been one of the longest-delayed products in the company's history. But the new electric truck is finally here, with PepsiCo being the first customer to receive some of the 100 vehicles it pre-ordered. Pepsi declined to say whether it had pressed the trucks to test if they have the full 500-mile range Musk promised. The Tesla Semis there are the latest additions to the company's fleet of more than 80,000 vehicles. Watch the video to learn more about PepsiCo's Tesla Semis and whether they live up to the hype.

For much of the winter, the war in Ukraine settled into a slow-moving but exceedingly violent fight along a jagged 600-mile-long frontline in the southeast. Now, both Ukraine and Russia are poised to go on the offensive. They are looking for vulnerabilities, hoping to exploit gaps, and setting the stage for what Ukraine warns could be Moscow’s most ambitious campaign since the start of the war. Ukraine must now defend against the Russian assault without exhausting the resources it needs to mount an offensive of its own. President Vladimir V. Putin of Russia has given an order to take all of the Donbas region by March, Ukrainian intelligence says.

☆ ECB rejects banking sector call for lower capital to boost lending
▼ + stars: | 2023-01-27 | by ( Huw Jones | ) www.reuters.com time to read: +3 min

REUTERS/Pascal RossignolLONDON, Jan 27 (Reuters) - The European Central Bank (ECB) on Friday rejected calls from Europe's banks to ease capital rules to boost lending and put them on an equal footing with U.S. rivals. "Policymakers should redouble their efforts to complete the banking and capital markets unions," the report said, referring to EU projects to deepen its capital market and create a more competitive cross-border banking market. "The largest global European banks have even slightly lower requirements than their counterparts across the Atlantic," an ECB spokesperson said. "It is also questionable that lower capital requirements would lead to higher lending: what is proven is that low levels of capital lead banks to abruptly reduce lending in a crisis, thus deepening the adverse impact on the economy," the ECB said. The EU is finalising the remaining leg of global bank capital rules that were written in response to the financial crisis, with temporary waivers from some elements in the teeth of ECB opposition.

☆ How these new electric aircrafts could disrupt the $49 billion helicopter industry
▼ + stars: | 2023-01-24 | by ( Andrew Evers | ) www.cnbc.com time to read: +1 min

Vertical lift aircraft have existed for more than a century in the form of helicopters. But the $49 billion industry faces a rapidly emerging threat. An estimated 200 companies are working to build electric vertical takeoff and landing vehicles (eVTOLs), a new type of small passenger aircraft designed for transportation within congested urban environments. "The electrification makes the aircraft safer. Safer aircraft also becomes less costly to maintain."

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy United Airlines-backed Archer Aviation thinks eVTOLs could replace helicoptersWith an estimated 200 companies working on them, eVTOLs are taking the aviation industry by storm. And while vertical lift aircraft have existed for more than a century in the form of helicopters, eVTOLs could disrupt the $49 billion industry in certain segments due to their cheaper maintenance and operating costs. CNBC spoke with one startup, Archer Aviation, which is backed by United Airlines, about why these new aircraft could change how people travel.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeet the robots replacing fast-food workersU.S. fast food eateries are struggling to find workers. To fill that void restaurants are turning to robots. With its mechanical arm and using computer vision technology Miso Robotics' Flippy 2 can cook everything from french fries and onion rings to cheese sticks. White Castle said it plans to add 100 Flippy's to its kitchens' nationwide. Automation could save U.S. fast food restaurants over $12 billion in annual wages, according to restaurant consultancy Aaron Allen & Associates.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe rise and fall of the Boeing 747Boeing's 747 is one the most recognizable planes to take to the skies. It has flown more than 3.5 billion passengers since 1970. But over the last few decades, airlines have looked for more ways to cut costs and to make airplanes more efficient. CNBC visited Boeing's Everett, Washington factory to see the last 747 roll off the production line. CNBC takes a look at how the 747 changed aviation and what's next for Boeing.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's founders on Elon Musk and the early daysElon Musk is the most famous CEO of Tesla, but he's not the company's founder. The original executives, Martin Eberhard and Marc Tarpenning, founded the company in 2003. CNBC sat down with them to talk about the idea for Tesla Motors, the battery, Elon Musk and building its first car, the all-electric Roadster.

A Culture in theCross Hairs Russia’s invasion has systematically destroyed Ukrainian cultural sites. It has also dealt a grievous blow to Ukrainian culture: to its museums and monuments, its grand universities and rural libraries, its historic churches and contemporary mosaics. This is how empires always work.” The war in Ukraine is a culture war, and the extent of the destruction is becoming clearer. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe race to electrify America's school bus fleetThe electric vehicle revolution is making its way to a new segment, school buses. In the U.S., 26 million children take 480,000 buses to and from school every day. Converting that fleet to zero emission vehicles could have a big impact. Driving the change are companies ranging from traditional school bus manufacturers, Blue Bird and Thomas Built, to electric vehicle manufacturers, Lion Electric and GreenPower Motor Company.

☆ Apple made a big move into women’s health just as startups go through a funding winter. 4 health investors and founders predict who’ll survive.
▼ + stars: | 2022-12-07 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +6 min

The tech giant's moves into women's health coincides with a funding winter for startups in the sector. Insider spoke to VCs about the challenges and opportunities this creates for women's health startups. When Apple rolled out the Apple Watch Series 8 in September this year, it cemented its growing footprint in the global women's health market. The aim is to give consumers a more consolidated view of their health data, an Apple representative said — but it's a step that could spell trouble for women's health startups. Funding into women's health has taken a dipThe tech giant's gradual monopoly over health data comes at a time when its apparent competitors — consumer women's health startups — are feeling the tech downturn.

☆ Ford CEO surprised by F-150 Lightning backup power popularity. It's a game changer
▼ + stars: | 2022-12-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Ford CEO Jim Farley told Jim Cramer that the F-150 Lightning's abilities as a source of backup power for homes and job sites have been a real "eye-opener" for the automaker. After Hurricane Ian, Ford saw a 200% increase in people powering their homes with their F-150 Lightning vehicles. "I believe you have a winner in Ford," Jim said during Thursday's "Morning Meeting" for Investing Club members. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's chief designer on Elon Musk, the Cybertruck and the future of auto designFranz von Holzhausen has been Tesla's chief designer since 2008. CNBC got an exclusive interview with him at the Petersen Automotive Museum in Los Angeles. He was a lead designer on the Tesla Model S, Model 3, Model X and Model Y as well as the Cybertruck, Tesla Semi truck and the second-generation Roadster. He speaks to CNBC about what it's like to have Elon Musk as a boss, what happened with the glass shattering windows at the Cybertruck unveil, and what's next for auto design.

☆ A former Nazi encampment on a tiny Channel island can be yours for about $50,000
▼ + stars: | 2022-11-27 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +2 min

Seven acres of Nazi trenches in the Channel Islands are up for sale for about £40,000 ($50,000). The heavily-fortified site was home to 24 soldiers and 3 Nazi officers in the Second World War. The Channel Islands were the only British territory to be occupied during the conflict. The Channel Islands of Jersey and Guernsey, just off the coast of France, were the only British territory to be occupied during the Second World War. Hitler heavily fortified the Channel Islands between 1942 and 1944 as part of his "Atlantic Wall" strategy — a system of coastal defenses intended to block an anticipated Allied invasion of Nazi-occupied Europe.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow China came to dominate the U.S. in smartphone manufacturingChina has controlled the smartphone manufacturing market for years. While some industries, like the semiconductors, are scrambling to build new factories across the U.S., tech giants like Apple and Google are not making the same effort. CNBC explores why phones are built abroad and whether production should move to America. And CNBC visits a startup, Purism, at its Carlsbad, California factory to take a look inside its smartphone manufacturing facility.

☆ Why Delta is betting on Joby to make electric flying taxis a reality
▼ + stars: | 2022-11-11 | by ( Andrew Evers | Jeniece Pettitt | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Delta is betting on Joby to make electric flying taxis a realityAdvances in battery and electric propulsion technology have enabled entirely new types of aircraft to take to the skies. Startups Joby, Archer, Vertical, Lilium and more are developing eVTOLs, electric vertical takeoff and landing aircraft, with the vision of making air taxis a reality. CNBC got an inside look at Joby Aviation, one of the eVTOL players that has grand ambitions of not only building the aircraft, but operating an Uber-like air taxi business.

☆ How Joby and Delta are making flying taxis a reality
▼ + stars: | 2022-11-11 | by ( Andrew Evers | ) www.cnbc.com time to read: +1 min

The world has long dreamed of a day when flying cars become part of daily life. Startups Joby, Archer, Vertical , Lilium and more are developing eVTOLs, electric vertical takeoff and landing aircraft, with the vision of making air taxis a reality. CNBC got an inside look at Joby Aviation, one of the eVTOL players with grand ambitions of not only building the aircraft but also operating an Uber-like air taxi business. Founded in 2009 in Santa Cruz, California, the company has received investments from Toyota , Delta Air Lines , Uber and the U.S. Department of Defense. Joby is currently manufacturing and performing flight tests at its pilot facility outside of Monterey in Marina, California.

☆ This California startup says it can predict where wildfires might start—it's using that power in a surprising way
▼ + stars: | 2022-11-07 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +5 min

Nobody can predict the future, but a San Francisco-based startup called Kettle seems able to predict where wildfires could start in California. That means Kettle provides insurance for insurance companies. But Kettle's focus on reinsurance, rather than selling its software directly to insurance companies, is unique, Manning says. Most reinsurers predict wildfire risk through a decades-old technique that relies on historical data, Manning adds. In other words, reinsurance companies do benefit large insurers — but they also make sure you're able to get the money you're owed if disaster strikes.

☆ Abbott has a new glucose monitor for diabetics — It's so small I forgot I was wearing it
▼ + stars: | 2022-10-14 | by ( Erin Black | ) www.cnbc.com time to read: +4 min

Continuous glucose monitors (CGMs) allow diabetics to track their blood sugar 24/7. They're incredibly useful, providing insight on how your blood sugar reacts to insulin, food, exercise and whatever else affects it. Abbott Freestyle Libre 3 sensor CNBC | Andrew EversThe trend arrows tell you if your glucose is steady, rising or falling. Abbott Freestyle Libre 3 size vs Dexcom G6 CNBC | Erin BlackIt was accurate most of the time. Abbott Freestyle Libre 3 Apple iWatch notification CNBC | Erin BlackPrescription required, price varies

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAbbott's Freestyle Libre 3 can discreetly monitor your blood sugar 24/7Abbott Laboratories newest continuous glucose monitor is now available at participating retail pharmacies and through durable medical equipment suppliers. The Freestyle Libre 3 was approved by the FDA in June and is a step up from previous Abbott systems. CNBC's Erin Black, a type 1 diabetic, tested out the Libre 3 for over a month. Here is her review.

☆ How Amazon’s big private-label business is growing and leaving small brands to protect against knockoffs
▼ + stars: | 2022-10-12 | by ( Katie Schoolov | ) www.cnbc.com time to read: +10 min

Peak Design CEO Peter Dering compares his company's Everyday Sling Bag to the Amazon private label version at his San Francisco headquarters on September 6, 2022. A selection of some of Amazon's 118+ private label brands as of October, 2022. Then there are specialty firms that only do private labels, and some store brands have their own devoted manufacturing facilities. By comparison, private labels make up a whopping 77% of Aldi's sales, followed by Trader Joe's at 59% and Wegmans at 49%. A variety of Amazon's private label goods are shown on September 29, 2022.

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