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Insider

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The 'TAMPON' trade is a new Big Tech investment idea. How did it perform against ChatGPT's stock-picking abilities?

  • In response to US bombing Iran, ChatGPT's Deep Research tool predicted a global "risk-off" reaction, recommending trades to make money from June 23 to June 26.
  • ChatGPT advised buying Lockheed Martin and Exxon Mobil due to expected benefits from increased military tensions and higher oil prices, respectively.
  • It also recommended buying gold and shorting Delta Air Lines and the S&P 500 to profit from geopolitical uncertainties.
  • However, ChatGPT's predictions did not perform well as Lockheed, Exxon, gold, Delta Air Lines, and the S&P 500 all moved in the opposite direction. In comparison, tech analyst Dan Ives's TAMPON trade, including Tesla, Amazon, Microsoft, Palantir, Oracle, and Nvidia, outperformed ChatGPT in the same period.

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The list of major companies requiring employees to return to the office, from JPMorgan and TikTok to Amazon

  • Major companies like TikTok, Amazon, and JPMorgan requiring employees to return to office.
  • Return-to-office mandates increasing, with emphasis on in-person collaboration and productivity.
  • Companies like Google, Dell, and Meta tightening rules and tracking attendance for compliance.

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Pymnts

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Amazon Bets on In-House AI Stack as Walmart Amplifies Workforce

  • Amazon and Walmart are taking different approaches when it comes to AI technologies.
  • Amazon focuses on building and controlling its own AI stack, while Walmart is democratizing AI.
  • Both companies are investing in AI but with distinct operational philosophies and workforce strategies.
  • They are also enhancing delivery capabilities and competing for customer attention and loyalty.

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Medium

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5 Ways Amazon’s $54B UK Investment Signals a Strategic Shift

  • Amazon has announced a $54 billion investment in the UK aimed at various sectors including data centers, AI infrastructure, logistics, sustainable energy, and robotics.
  • The investment is expected to benefit UK-based startups in cloud computing, machine learning, logistics optimization, and SaaS, and may lead to partnership or acquisition opportunities with Amazon.
  • Startups involved in warehouse automation, delivery route optimization, drone logistics, and fleet electrification are likely to experience increased demand and valuations due to Amazon's focus on logistics infrastructure.
  • The investment is anticipated to drive valuations across AI startups, supply chain SaaS providers, and green infrastructure companies, signaling economic confidence and attracting capital to the UK.

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Mensjournal

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Amazon Is Selling a Popular Black+Decker Portable AC for $105 Off, and It Has Over 4,000 Perfect Ratings

  • Amazon is offering a Black+Decker 5,100 BTU Portable Air Conditioner for $225, a $105 discount from its usual price.
  • The portable AC has received over 30,000 five-star ratings on Amazon and can cool up to 350 square feet.
  • It functions as a fan or dehumidifier and comes with a remote control and window kit for hot air exhaust.
  • Customers praise the unit's cooling efficiency and convenience for spaces like bedrooms or studio apartments.

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Massively Overthinking: How many MMO alts is too many?

  • MMO players discuss managing alts, from tiers of mains to numerous alts.
  • Different games allow various numbers of alts, with some having overwhelming options.
  • Reasons for rolling alts include experiencing new playstyles and storylines.
  • Some players focus on a single main or a small handful of characters.
  • Alt addicts may have blurred lines between mains and alts in various games.

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Mensjournal

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This 'Beautiful' Wooden Rowing Machine Is 40% Off at Amazon Right Now, and Shoppers Say It's Immensely Comfortable

  • The Yosuda Wooden Water Rowing Machine is currently on sale for $300 on Amazon, marking a 40% discount from its original price of $500.
  • It is described as a top 20 bestselling rower with 160 five-star ratings from customers who praise its design and functionality.
  • The rowing machine offers a water-driven rowing experience, comes mostly assembled, tracks various workout metrics, and has a space-saving, foldable design.
  • Reviewers appreciate its aesthetics, smooth glide, quiet operation, and the immersive on-water rowing experience it provides, making it a popular choice for home gyms.

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Pymnts

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Amazon AI Executive Leaves Company Amid Competition for AI Talent

  • Vasi Philomin, a leader in AI product strategy at Amazon, has left the company to join another firm.
  • Philomin, who held the position of vice president and general manager of machine learning and AI at Amazon, did not disclose details about his new role.
  • Competition for skilled AI talent is intensifying, with companies like Meta, OpenAI, Google DeepMind, Microsoft, and Anthropic actively engaging in hiring efforts.
  • Amazon confirmed Philomin's departure, with some of his previous responsibilities now overseen by Rajesh Sheth amidst the growing demand for AI-related expertise in the tech industry.

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Massivelyop

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The best MMO and multiplayer deals from Steam’s summer sale and beyond

  • Steam's summer sale is offering discounts on various MMO and multiplayer games.
  • Notable deals include discounts on games like New World, Guild Wars 2, RuneScape, Project Gorgon, Elite Dangerous, and more.
  • Several games such as Fallout 76, Valheim, and Diablo IV are available at discounted prices.
  • Outside of Steam, Battlenet is also offering major sales on games like World of Warcraft and the Diablo franchise.

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Massivelyop

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Throne & Liberty’s Calanthia 12-person raid is live with new heroic gear drops and craftables

  • Throne & Liberty's Calanthia 12-person raid is now accessible, challenging players to face tough bosses like the Command Marshal General of the Arkeum Legion.
  • To participate, players must have completed Sylvaeth Codex I and II and meet certain combat power requirements.
  • The raid introduces new gear drops and crafting materials like entropy shards and chaos prisms for enhancements.
  • Additional features in the update include new cosmetics, upgraded arch bosses, and the launch of a 6v6 arena event season.

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Mensjournal

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Popular Salt Product Under Fire As Claims of 'Improper Levels of Heavy Metals' Mount

  • A class action lawsuit filed in February claims Fine Ground Celtic Sea Salt and Light Grey Celtic Sea Salt products by Celtic Ocean International LLC are contaminated with lead and arsenic, testing positive for 460 ppb of lead and 140 ppb of arsenic.
  • The lawsuit alleges that exposure to unlawful lead contamination from the sea salts could lead to organ damage, impact the cardiovascular system, and accumulate over time, posing risks to health.
  • Similar to other lawsuits, like General Mill's Cocoa Puffs, facing accusations of high lead levels, the FDA is working on reducing childhood exposure to contaminants through the Closer to Zero campaign.
  • The lawsuit additionally raised concerns about deceptive labeling practices, exemplified by Ziploc's labeling claims of being microwave and freezer safe while ignoring the potential seepage of microplastics into food.

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Guardian

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Kardashians, critics and copycats kick off €40m Bezos wedding bash

  • The three-day wedding bash hosted by Amazon billionaire Jeff Bezos and Lauren Sánchez in Venice has drawn in celebrities like Kim and Khloé Kardashian, Kris Jenner, Oprah Winfrey, Leonardo DiCaprio, and others.
  • Amid heightened security measures due to protests, the couple kicked off celebrations in a 14th-century church, with a reported cost of €40m-€48m and the wedding festivities spanning various locations in Venice.
  • Protests have erupted over concerns about the impact of the lavish wedding on Venice’s heritage site, with critics expressing discontent about the influx of wealthy guests to the city.
  • The wedding includes events like a black-tie ceremony on the island of San Giorgio Maggiore, parties at historic venues, and entertainment by Matteo Bocelli, son of renowned singer Andrea Bocelli.

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Mensjournal

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One of Amazon's Top-Selling Pocket Knives That's 'Sleek' and 'Perfect' for Daily Carry Is Only $27 Right Now

  • Amazon is offering a 30% discount on the Kershaw Misdirect Pocket Knife, now priced at $27, down from $38.
  • The pocket knife has over 1,700 five-star ratings and is described as a sleek and perfect everyday carry.
  • The Kershaw Misdirect Pocket Knife has received positive reviews for its quality, compact size, and versatile everyday use.
  • With features like a flipper tab, frame lock, and three-position clip, customers find it to be a sturdy and well-designed tool for various tasks.

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The Verge

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Denis Villeneuve is directing the next Bond film for Amazon

  • Denis Villeneuve has been selected to direct a new Bond film by Amazon MGM, marking the studio's first Bond project since acquiring the property.
  • Villeneuve expressed his excitement and respect for the Bond series, citing it as sacred territory and intending to honor its tradition by paving the way for new missions.
  • Amazon MGM aims for a theatrical release for the new Bond movie, recognizing Villeneuve's track record of delivering immersive storytelling and compelling visuals.
  • Villeneuve's involvement with the Bond film comes amidst his busy schedule, working on other projects like the third Dune feature and potential future endeavors.

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Denis Villeneuve once said he'd 'deeply love' to make a James Bond movie. Amazon just hired him — and 007 fans seem to approve.

  • Denis Villeneuve has been chosen by Amazon to direct the next James Bond movie after the company's acquisition of Metro-Goldwyn-Mayer for $8.5 billion.
  • Fans of the 007 franchise are reassured by Villeneuve's involvement, as he expressed his deep love for wanting to direct a James Bond movie.
  • Villeneuve, known for directing films like 'Sicario,' 'Dune,' and 'Blade Runner 2049,' has garnered critical acclaim and is viewed as a serious and talented choice for the James Bond series.
  • The new Bond project does not yet have a screenwriter, and Villeneuve is currently busy with 'Dune: Part Three,' indicating that production for the next James Bond film may take some time.

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