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Showing posts from February, 2024

Stock market today: Wall Street dips lower as markets wait for Nvidia earrnings, Fed meeting minutes

Wall Street inched lower early Wednesday while markets waited for Nvidia's quarterly earnings release, which could serve as a litmus test for the AI chip revolution. Futures for the S&P 500 dipp… https://www.startribune.com/stock-market-today-asian-stocks-mixed-after-tech-shares-pull-wall-street-lower/600344923/

Google introduces advanced AI capabilities to advertisers through Gemini integration

Google announced on Thursday its plans to enhance its advertising products with the integration of its Gemini artificial intelligence models, aiming to offer advanced AI capabilities to a broader ran… https://readwrite.com/google-introduces-advanced-ai-capabilities-to-advertisers-through-gemini-integration/

Stock Market Today: S&P 500 Set for Record High With Markets Continuing Nvidia Rally

U.S. stock futures surged on Thursday after earnings from Nvidia reignited a tech rally driven by optimism over artificial intelligence. Not even signs that the Federal Reserve will be slower than on… https://biztoc.com/x/ce32d4aa1252ca62

An Ancient Roman Scroll on Pleasure Was Just Decoded Using AI

A Roman scroll, partially preserved when it was buried in the eruption of Mount Vesuvius in A.D. 79, has been virtually unwrapped and decoded using artificial intelligence.  The feat was achieved by… https://time.com/6691588/ancient-roman-scroll-decoded-ai/

200-year-old Scotch whiskey maker enters the AI age with generated labels

Scottish whiskey maker Glenlivet has produced part of the brand’s most recent advertising campaign through the use of artificial intelligence (AI). The biggest names in the world are embracing AI an… https://readwrite.com/scots-whiskey-maker-celebrates-200-year-anniversary-through-artificial-intelligence/

Live: ASX to drop, Wall Street slips ahead of Nvidia results

Good morning and welcome to our markets live blog, where we'll bring you the latest price action and news on the ASX and beyond. A fall on Wall Street overnight sets the tone for local market action… https://www.abc.net.au/news/2024-02-22/asx-markets-business-live-news-feb22-2024/103496994

Nvidia CEO Jensen Huang says AI has ‘hit tipping point’ as revenues soar

Chief executive of the world’s leading chip maker Nvidia says that artificial intelligence (AI) has reached a global tipping point, as revenues soar. California-based Nvidia is responsible for more … https://readwrite.com/nvidia-ceo-jensen-huang-says-ai-has-hit-tipping-point/

Stock-market investors should still brace for ‘70s-style ‘stagflation’, warn strategists

Investors are in love with Goldilocks, but should instead remain on the outlook for Disco Duck, according to a team of Wall Street quantitative strategists.Going back to the question of market macro … https://www.marketwatch.com/story/stock-market-investors-should-still-brace-for-70s-style-stagflation-warn-strategists-39dc3675

Media Briefing: Publishers say Q1 is ‘off like a rocket’ after a lousy 2023

This Media Briefing covers the latest in media trends for Digiday+ members and is distributed over email every Thursday at 10 a.m. ET. More from the series →Ad revenue is pacing up in the first quart… http://digiday.com/media/media-briefing-publishers-say-q1-is-off-like-a-rocket-after-a-lousy-2023/

Inside the latest drama at Goldman Sachs that reportedly has some partners up in arms

Paul Morigi/Getty Images; Jenny Chang-Rodriguez/Insider Goldman Sachs recently established an investment-banking committee within its investment bank.But, according to a new Financi… [+4300 chars] https://www.businessinsider.com/inside-the-latest-drama-goldman-sachs-mark-sorrell-stephan-feldgoise-2024-2

WPTavern: Navigating the Nexus: A Chronicle of Recent WordPress Acquisitions

Over the past four months, some exciting developments have been bustling in the dynamic mergers and acquisitions arena of WordPress. To catch everyone up let’s grab a beverage of choice and take a st… https://wptavern.com/navigating-the-nexus-a-chronicle-of-recent-wordpress-acquisitions

Elon Musk hints at possible X partnership with Midjourney

Elon Musk has hinted at a possible partnership between X and the popular artificial intelligence (AI) image generator Midjourney, to transform the user experience on the social media platform. The b… https://readwrite.com/elon-musk-hints-at-possible-x-partnership-with-midjourney/

Big deals are back with a $53 billion bang

Fading recession fears are helping to fuel a new deals boom.Charles Platiau/Reuters Monster mergers and big-ticket acquisitions are back in fashion this year.Capital One, Truist, an… [+2674 chars] https://www.businessinsider.com/deals-mergers-acquisitions-comeback-walmart-truist-capital-fed-rates-recession-2024-2

Stock Market Today: Top 10 things to know before the market opens

The benchmark Sensex and Nifty indices are likely to open on a flat note on February as trends in the GIFT Nifty indicate a muted start for the broader index with a loss of 15 points. Domestic bench… https://www.moneycontrol.com/news/business/markets/stock-market-today-top-10-things-to-know-before-the-market-opens-236-12315391.html

Stock market today: US futures drop as markets await Nvidia earnings

US stocks looked set to trade lower Wednesday as investors waited for Nvidia's quarterly earnings report, set to be released after the closing bell. Futures for the tech-heavy Nasdaq 100 benchmark w… https://markets.businessinsider.com/news/stocks/stock-market-news-us-futures-decline-nvidia-earnings-report-2024-2

Atlas Obscura looks to raise $10 million at a $24 million valuation with help from smaller investors in a tough market

Travel publisher Atlas Obscura is in the process of raising $10 million in an investment round that includes 20 returning investors and for the first time, smaller investors participating through the… http://digiday.com/media/atlas-obscura-looks-to-raise-10-million-at-a-24-million-valuation-with-help-from-smaller-investors-in-a-tough-market/

When Private Equity Comes for a Public Good

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.In… https://www.theatlantic.com/newsletters/archive/2024/02/why-private-equity-has-its-eyes-on-child-care/677527/?utm_source=feed

Middle Managers Will Make Or Break Your Merger Or Acquisition

Middle managers role in managing up, down and sideways can be crucial to deal success. getty Middle managers are the Rodney Dangerfield of business. They get no respect. Despite the critical role m… https://www.forbes.com/sites/jenniferjfondrevay/2024/02/20/middle-managers-will-make-or-break-your-merger-or-acquisition/

SoftBank’s Masayoshi Son wants to raise $100bn for a fresh AI chip venture

SoftBank Groups Masayoshi Son is making the next move in his far-reaching artificial intelligence (AI) strategy, fundraising $100 billion for a new chip venture. The Softbank founder has long since … https://readwrite.com/softbanks-masayoshi-son-wants-to-raise-100bn-for-a-fresh-ai-chip-venture/

ElevenLabs to launch AI for the creation of unique sound effects

Artificial intelligence (AI) voice startup ElevenLabs has teased the launch of AI sound effects, bringing about generated audio for the first time. Following the release of Sora, an exciting new tex… https://readwrite.com/elevenlabs-to-launch-ai-for-the-creation-of-unique-sound-effects/

Private Equity Has Its Eyes on the Child-Care Industry

Last June, years of organizing in Vermont paid off when the state’s House and Senate passed landmark legislation—overriding a governor’s earlier veto—that invests $125 million a year into its child-c… https://www.theatlantic.com/ideas/archive/2024/02/private-equity-childcare/677511/?utm_source=feed

Diversity And Partnerships Drive Artemis Real Estate To $10B Under Management

Deborah Harmon, founder and co-CEO of Artemis Real Estate Partners, speaks with three women. Artemis Real Estate Partners makes equity and debt investments in real estate across the United States, f… https://www.forbes.com/sites/geristengel/2024/02/21/diversity-and-partnerships-drive-artemis-real-estate-to-10b-under-management/

Big deals are back with a $53 billion bang

Fading recession fears are helping to fuel a new deals boom.Charles Platiau/Reuters Monster mergers and big-ticket acquisitions are back in fashion this year.Capital One, Truist, an… [+2674 chars] https://www.businessinsider.com/deals-mergers-acquisitions-comeback-walmart-truist-capital-fed-rates-recession-2024-2

Deepfake fears intensify as Google CEO sounds alarm on AI misinformation

A senior Google executive has warned of the “very serious” threat posed to democracy by artificial intelligence (AI) powered deepfakes, in a year of crucial national elections across the world. The … https://readwrite.com/deepfake-fears-intensify-as-google-ceo-sounds-alarm-on-ai-misinformation/

Reddit reportedly signs $60million annual deal with AI company

Reddit is allowing access to an “unnamed” artificial intelligence (AI) company ahead of the social platform’s initial public offering (IPO). The deal, reported by Bloomberg is worth “about $60 milli… https://readwrite.com/reddit-reportedly-signs-60million-annual-deal-with-ai-company/

58 Black investors changing the venture capital industry with firms that fund diverse startup founders

From left: Paul Judge, chairman of The Open Opportunity Fund; Tessa Flippin, founder and managing partner of Capitalize VC; Claude Grunitzky, CEO of The Equity Alliance; Gayle Jennings O'Byrne, cofou… https://www.businessinsider.com/black-venture-capital-investors-firms-invest-diverse-underrepresented-startup-founders

U.S

U.S. equity market dominance That is the topic of my latest Bloomberg column: The worldwide dominance of US equities is increasingly obvious. Of the top 10 components of the MSCI global stocks index which itself now consists of… https://marginalrevolution.com/marginalrevolution/2024/02/u-s-equity-market-dominance.html

Private equity firms account for 37% of The Oncology Institute, Inc.'s (NASDAQ:TOI) ownership, while institutions account for 25%

Si vous cliquez sur « Tout accepter », nos partenaires (y compris 242 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_ea954f69-622d-4506-a7d5-cc373e721b63

Google issues Gemini AI privacy warning

A privacy warning from Google has indicated an element of risk if users disclose personal information when using artificial intelligence (AI) apps. The Alphabet Inc company has confirmed the rebrand… https://readwrite.com/google-issues-gemini-ai-privacy-warning/

OpenAI CEO Sam Altman reveals AI danger which keeps him awake at night

OpenAI CEO Sam Altman has made guarded comments on the importance of mitigating the dangers of artificial intelligence (AI), as he revealed concerns that keep him awake at night. He was speaking at … https://readwrite.com/openai-ceo-sam-altman-reveals-ai-danger-which-keeps-him-awake-at-night/

Learn And Listen: The Building Blocks For A Thriving DEI Culture

Denise Triba is CHRO for Ingenovis Health, an organization focused on building an employer-of-choice strategy. getty Market dynamics, organizational priorities and employee well-being continually c… https://www.forbes.com/sites/forbeshumanresourcescouncil/2024/02/13/learn-and-listen-the-building-blocks-for-a-thriving-dei-culture/

AI has its Super Bowl moment with Microsoft Copilot

Microsoft is ramping up marketing of its artificial intelligence (AI) assistant Copilot with an advertisement designed for the Super Bowl launching on YouTube. While they are not allowed to specifica… https://readwrite.com/microsoft-launch-super-bowl-ad-for-copilot/

Anthropic introduces Prompt Shield ahead of US elections

Anthropic, a safety-first artificial intelligence (AI) company partially owned by Amazon, has announced a new precaution ahead of the US elections in 2024. First reported in TechCrunch, the company i… https://readwrite.com/anthropic-introduces-prompt-shield-ahead-of-elections/

A Few Companies Are Interested In Acquiring Paramount Global

The Paramount Global headquarters in New York, US, on Thursday, Dec. 21, 2023. Warner Bros. ... [+] Discovery Inc. held talks on a possible merger with Paramount Global, potentially combining two of … https://www.forbes.com/sites/bradadgate/2024/02/15/a-few-companies-are-interested-in-acquiring-paramount-global/

Robocalls made with AI-generated voices are now illegal

The Federal Communications Commission (FCC) has outlawed robocalls containing voices generated by artificial intelligence. The ruling, which was unanimous, was made on Thursday, February 8. It gives… https://readwrite.com/robocalls-made-with-ai-generated-voices-are-now-illegal/

While institutions own 26% of Vivid Seats Inc

(NASDAQ:SEAT), private equity firms are its largest shareholders with 41% ownership Si vous cliquez sur « Tout accepter », nos partenaires (y compris 243 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_7863fae2-d143-483f-b7d0-bd8a4cc0be47

Windward Ltd

(LON:WNWD) most popular amongst private equity firms who own 32%, insiders hold 21% Si vous cliquez sur « Tout accepter », nos partenaires (y compris 242 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_2c730fff-bca7-4a5f-8f1f-f39efe3ef8de

How do bonds perform one year after the Fed’s first interest-rate cut?

The U.S. bond markets strong rally in the fourth quarter likely has more room to run, even if the Federal Reserve takes its time in cutting interest rates, according to Janus Henderson Investors.Fed … https://www.marketwatch.com/story/how-do-bonds-perform-one-year-after-the-federal-reserves-first-interest-rate-cut-6b5faf34

Institutions own 36% of Vor Biopharma Inc

(NASDAQ:VOR) shares but private equity firms control 43% of the company Si vous cliquez sur « Tout accepter », nos partenaires (y compris 242 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_acbf875f-06ba-47ff-9a7e-14f9942bb561

Private equity firms who hold 45% of Kinnate Biopharma Inc

(NASDAQ:KNTE) gained 11%, institutions profited as well Si vous cliquez sur « Tout accepter », nos partenaires (y compris 242 qui font partie du Cadre de transparence et de consentement dIAB) et nous utiliserons également des témoins et vos données person… https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_1b26cd8f-1124-4249-a519-7a0847e5716a

Generative AI chooses violence in wargame sim: ‘we have nukes, let’s use it!’

Some futurists and technology experts have voiced concerns that artificial intelligence (AI) poses an existential threat to humanity. Even Elon Musk has stressed the need for careful development of t… https://readwrite.com/generative-ai-chooses-violence-in-wargame-sim-we-have-nukes-lets-use-it/

Samsung hopes Biadu AI partnership will regain foothold in China

Samsung has partnered with Baidu, one of the major artificial intelligence (AI) players in China, in a bid to win over Chinese consumers. Baidu AIs Ernie large language model (LLM) is seen as a stra… https://readwrite.com/samsung-hopes-biadu-ai-partnership-will-regain-foothold-in-china/

Over half UK students using AI for assignments, finds study

A survey has found more than half of undergraduate students in the United Kingdom are turning to artificial intelligence (AI) to complete their studies. In a poll for the Higher Education Policy Ins… https://readwrite.com/over-half-uk-students-using-ai-for-assignments-finds-study/

Stock market today: S&P and Nasdaq futures rise as retail sales dip calms inflation fears

US stocks were primed to open higher on Friday as signs of softening consumer demand tempered concerns of stubborn inflation. S&P 500 futures were up 0.2% shortly after 5 a.m. ET, building on th… https://markets.businessinsider.com/news/stocks/stock-market-news-today-spx-nasdaq-futures-retail-sales-inflation-2024-2

How some of the world's most powerful regulators are trying to upend the economic system

The Americans were fluent and assertive with language about democracy and liberty while many Europeans were still talking the language of protecting the competitive process, said the events organizer… https://www.politico.com/news/2024/02/16/how-some-of-the-worlds-most-powerful-regulators-are-trying-to-upend-the-economic-system-00141802

Why Super Micro’s stock is tanking — and about to snap a nine-day win streak

Super Micro Computer Inc.s monster run was stalling Friday, as its stock looked to snap its longest winning streak in over seven years. Shares of the server maker had run up nearly 200% in a month, t… https://www.marketwatch.com/story/why-super-micros-stock-is-tanking-and-about-to-snap-a-nine-day-win-streak-2aec9870

FTC: Um, Those Microsoft Layoffs Contradict What It Told The Courts In Activision Blizzard Acquisition

from the liar-liar dept Late last year, we discussed how the FTC had appealed the court’s decision to allow Microsoft’s acquisition of Activision Blizzard to move forward. I said at the time that I … https://www.techdirt.com/2024/02/15/ftc-um-those-microsoft-layoffs-contradict-what-it-told-the-courts-in-activision-blizzard-acquisition/

At the Money: Is War Good for Markets? (February 14,  2024)

What does history tell us about how war impacts the stock market? What is the correlation between geopolitical conflict and inflation? Can… https://ritholtz.com/2024/02/atm-is-war-good-for-markets/

What the latest inflation data means for interest rates

Getty Images This post originally appeared in the Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Happy Valentine's Day! Don't worry … [+6433 chars] https://www.businessinsider.com/inflation-data-impact-on-fed-interest-rate-cut-2024-2

ChatGPT maker OpenAI bans US presidential candidate bot

OpenAI, the creator of artificial intelligence (AI) chatbot sensation ChatGPT, has suspended the account of a third-party developer for violating its policies by using AI technology to make a convers… https://readwrite.com/chatgpt-maker-openai-bans-us-presidential-candidate-bot/

Bizarre Valedictory Interview by CalSTRS Investment Chief, Chris Ailman, Asks Private Equity to Be Nice and Share with Workers

The Financial Times made its interview with departing CalSTRS’ Chief Investment Officer Chris Ailman its lead story yesterday: Private equity should share more wealth with workers, says US pension gi… https://www.nakedcapitalism.com/2024/02/bizarre-valedictory-interview-by-calstrs-investment-chief-chris-ailman-asks-private-equity-to-be-nice-and-share-with-workers.html