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Murray – who retired after the summer Olympics at the age of 37 after finally admitting defeat in his battle against his body – will join the Serbian’s team in the off-season and coach him through the opening grand slam of 2025. It will see the Scot surprisingly join forces with the man who was his biggest nemesis during his long career, especially in Australia where he lost to Djokovic in four finals. Murray, who beat Djokovic to win the US Open in 2012 and Wimbledon in 2013, says he wants to help the 24-time grand slam champion achieve his goals. He never liked retirement anyway. 🙌 pic.twitter.com/Ga4UlV2kQW — Novak Djokovic (@DjokerNole) November 23, 2024 “I’m going to be joining Novak’s team in the off-season, helping him to prepare for the Australian Open, he said. “I’m really excited for it and looking forward to spending time on the same side of the net as Novak for a change, helping him to achieve his goals.” Djokovic, a week younger than his new coach, added: “I am excited to have one of my greatest rivals on the same side of the net, as my coach. “Looking forward to start of the season and competing in Australia alongside Andy with whom I have shared many exceptional moments on the Australian soil.” In posting a teaser about the appointment on social media, Djokovic said: “He never liked retirement anyway.” He then added: “We played each other since we were boys, 25 years of pushing each other to our limits. We had some of the most epic battles in in our sport. They called us gamechangers, risk takers, history makers. “I thought our story may be over. Turns out it has one final chapter. It’s time for one of my toughest opponents to step into my corner. Welcome aboard coach, Andy Murray.” Djokovic beat Murray in the 2011, 2013, 2015 and 2016 Australian Open finals while also losing in the French Open final in 2016. It was his pursuit of toppling Djokovic at the top of the rankings in 2016 which was a precursor to his 2017 hip injury which derailed Murray’s career. Djokovic, who split with coach Goran Ivanisevic earlier this year, hopes that adding Murray to his team will help him get back to the top of the game as he went through a calendar year without winning a grand slam for the first time since 2017. Jannik Sinner and Carlos Alcaraz have developed a stranglehold at the top of the men’s game and Djokovic, who has seen Murray, Roger Federer and Rafael Nadal all retire in recent years, is still hoping to move clear of the record 24 grand slams he shares with Margaret Court.
Shares of Netflix, Inc. ( NASDAQ:NFLX – Get Free Report ) shot up 0.5% during trading on Thursday . The stock traded as high as $880.95 and last traded at $877.34. 2,575,914 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 3,668,794 shares. The stock had previously closed at $872.60. Analysts Set New Price Targets NFLX has been the topic of a number of recent analyst reports. Wedbush reissued an “outperform” rating and set a $950.00 price target (up previously from $800.00) on shares of Netflix in a research note on Monday, November 18th. StockNews.com upgraded Netflix from a “hold” rating to a “buy” rating in a research report on Tuesday, September 24th. Morgan Stanley lifted their price target on Netflix from $820.00 to $830.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Pivotal Research increased their price objective on shares of Netflix from $925.00 to $1,100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Guggenheim boosted their target price on shares of Netflix from $810.00 to $825.00 and gave the company a “buy” rating in a report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $764.82. Check Out Our Latest Stock Report on NFLX Netflix Stock Performance Netflix ( NASDAQ:NFLX – Get Free Report ) last posted its quarterly earnings results on Thursday, October 17th. The Internet television network reported $5.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.09 by $0.31. The firm had revenue of $9.82 billion for the quarter, compared to analysts’ expectations of $9.77 billion. Netflix had a net margin of 20.70% and a return on equity of 35.86%. On average, analysts anticipate that Netflix, Inc. will post 19.78 earnings per share for the current year. Insider Buying and Selling In related news, Director Timothy M. Haley sold 647 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $800.19, for a total transaction of $517,722.93. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website . Also, Director Anne M. Sweeney sold 589 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $880.00, for a total transaction of $518,320.00. The disclosure for this sale can be found here . Over the last three months, insiders sold 185,866 shares of company stock worth $133,393,921. Corporate insiders own 1.76% of the company’s stock. Institutional Inflows and Outflows Large investors have recently modified their holdings of the business. American Trust bought a new position in Netflix in the third quarter worth about $323,000. Old North State Trust LLC raised its position in shares of Netflix by 3.2% during the 3rd quarter. Old North State Trust LLC now owns 699 shares of the Internet television network’s stock worth $496,000 after purchasing an additional 22 shares during the period. Franklin Resources Inc. boosted its position in Netflix by 11.5% during the 3rd quarter. Franklin Resources Inc. now owns 1,236,539 shares of the Internet television network’s stock valued at $881,652,000 after purchasing an additional 127,541 shares during the period. Synovus Financial Corp boosted its position in Netflix by 43.9% during the 3rd quarter. Synovus Financial Corp now owns 12,667 shares of the Internet television network’s stock valued at $8,984,000 after purchasing an additional 3,864 shares during the period. Finally, Destination Wealth Management grew its stake in Netflix by 7.5% during the 3rd quarter. Destination Wealth Management now owns 1,083 shares of the Internet television network’s stock worth $768,000 after buying an additional 76 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors. Netflix Company Profile ( Get Free Report ) Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. Recommended Stories Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter .Trump taps forceful ally of hard-line immigration policies to head Customs and Border ProtectionQ&A: Jim Gaffigan might be getting slimmer, but his career’s only growing
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PALM BEACH GARDENS, Fla. , Dec. 6, 2024 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR ), global leader in intelligent climate and energy solutions, announced today that its Board of Directors declared a quarterly dividend of $0.225 per outstanding share of Carrier common stock. The dividend will be payable on February 7, 2025 to shareowners of record at the close of business on December 20, 2024 . "Today's 18% dividend increase further demonstrates our commitment to disciplined capital allocation," said Carrier Chairman & CEO David Gitlin . "After successfully executing on our transformation, we remain laser-focused on delivering outsized value for our customers, employees, and shareowners." Carrier Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit corporate.carrier.com or follow Carrier on social media at @Carrier . Cautionary Statement : This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. These forward-looking statements are intended to provide management's current expectations or plans for Carrier's future payment of a dividend, based on assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as "believe," "expect," "expectations," "plans," "strategy," "prospects," "estimate," "project," "target," "anticipate," "will," "should," "see," "guidance," "outlook," "confident," "scenario" and other words of similar meaning in connection with a discussion of future operating or financial performance. Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, share repurchases, tax rates and other measures of financial performance or potential future plans, strategies or transactions of Carrier, Carrier's plans with respect to its indebtedness and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see Carrier's reports on Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Carrier assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law. CARR-IR SOURCE Carrier Global CorporationWASHINGTON - House Minority Leader Rep. Hakeem Jeffries, D-N.Y., condemned Thanksgiving Day threats against Democratic lawmakers that ranged from “detailed threats of a pipe bomb placed in mailboxes to swatting” in a statement on Friday. Multiple House Democrats from Connecticut , including Reps. Jahana Hayes, Jim Himes, and Joe Courtney, were the targets of bomb threats at their homes on Thursday. “Thanks to the swift reaction from law enforcement, no devices were found and Members of Congress and their families were kept safe on the holiday,” Jeffries wrote. Jeffries wrote that the threats against Democrats were signed with “MAGA” (Make America Great Again), the slogan for President-elect Donald Trump’s campaign. The threats came a day after several of Trump's cabinet nominees received similar bomb threats. Sign-up for Your Vote: Text with the USA TODAY elections team. “America is a democracy. Threats of violence against elected officials are unacceptable, unconscionable and have no place in a civilized society. All perpetrators of political violence directed at any party must be prosecuted to the full extent of the law,” Jeffries wrote. Contributing: Joey Garrison, USA TODAYUnitedHealth shooting dredges up enmity for health insurers
Axis My India chairman Pradeep Gupta in an exclusive conversation with Republic World explained how they bucked the trend to predict exit polls accurately. Election Results 2024: Pollster Pradeep Gupta, chairman of the Axis My India, whose exit poll predictions turned out to be accurate for Maharashtra and Jharkhand elections said that it's the result of his team's hardwork on the ground. Axis My India had predicted that the Mahayuti would win somewhere between 178-200 seats in Maharashtra elections while in Jharkhand, the JMM-led alliance would repeat the government with JMM+ winning 53 seats and BJP getting restricted to 25. Axis My India's survey was the only one which bucked the trend as most exit polls predicted a victory for the NDA in Jharkhand also. Speaking to Republic Media Network's Arnab Goswami, Pradeep Gupta said that face to face interviews with the representatives across the demography and geography of the states and doing analysis on whatever they said. We put our weight on different factors including socio economic and released numbers at the time of the exit poll. In both Maharashtra and Jharkhand elections, there was a pro-incumbency. We couldn’t find much people saying that they were discontent or angry with the incumbent leadership, Pradeep Gupta said adding if a government repeats, it only happens on one factor which is delivery, delivery and delivery on the basis of various social welfare schemes, facilities given to farmers, etc. Focussing on Maharashtra, Pradeep Gupta said that the Dalits and Adivasis (tribals) who shifted to the Maha Vikas Aghadi (MVA) in Lok Sabha came back to support Mahayuti alliance in Assembly elections. He said that 10 per cent of the Dalits, 15 per cent of tribals returned from MVA to Mahayuti. In Maharashtra's Vidarbha region which has a total of 62 seats, the Mahayuti won 50 of them. Pradeep Gupta also mentioned that women voted more for Mahayuti than the Maha Vikas Aghadi (MVA). In Mumbai, where the polling increased from 50 in 2019 to 55 per cent in 2024, increased the size of the Mahayuti’s victory as we predicted 200 odd seats but it went upto 230. Pradeep Gupta mentioned that this was their 79th elections out of which they have been accurate on 73 occasions including the US Presidential elections. Get Current Updates on India News , Entertainment News along with Latest News and Top Headlines from India and around the world. Published 22:39 IST, November 23rd 2024Older adults skip medical care at higher rates than other developed countries, survey saysCoinbase director Ehrsam sells $3.78 million in stock
Rivian Automotive (NASDAQ:RIVN) Trading Up 5.8% – Time to Buy?How junk food firms are dodging govt’s advertising ban by targeting young people on gaming sites and s... - The Sun
New Delhi: Poll strategist-turned-politician Prashant Kishor received a rude jolt in the debut election for his Jan Suraaj Party, which ended up in the third and fourth positions in four assembly bypolls in Bihar. Having covered a distance of 3,500 kilometres across Bihar districts since 2022 to interact with people on the ground in what was called the Jan Surahj Padyatra, Kishor formally launched his party only last month. On Saturday, as the results poured in, Kishor put up a brave front. His one-month-old party, Kishor asserted, secured 10 percent votes, though the overall performance was not up to expectations. Speaking on the party’s future, he said the Mahayuti bounced back in the Maharashtra assembly election within six months of the Lok Sabha polls, and he has a whole year to prepare for the next assembly election in Bihar. In three of the four assembly seats in Bihar—Belaganj, Imamganj and Tarari—JSP candidates secured the third position. On the fourth seat, Ramgarh, the party came fourth. Promising to give the Bihar electorate clean politics, with leaders of proven efficiency and clean records, Kishor floated the Jan Suraaj Party on October 2—Mahatma Gandhi’s birth anniversary. Supposed to be a bi-polar contest between the NDA and the INDIA bloc, the bypolls became a triangular contest when the Jan Suraaj Party fielded candidates in all four seats. Instead of nominating himself as the party president, Kishor appointed a former IFS officer, Manoj Bharti, to the position. During the bypoll campaign, Bihar Chief Minister Nitish Kumar addressed four meetings and Lalu Prasad one. Meanwhile, Prashant Kishor addressed 125 meetings, covering four constituencies. In his addresses, he told voters that Lalu and Nitish ruled Bihar for over three decades, and their time was up. “I am giving you an alternative (in the form of JSP) to all those tired of the Lalu and Nitish rule over the last 34 years,” he kept mentioning. He urged the voters to help the new crop of leaders grow. On the other hand, the Jan Suraaj Party faced criticism when three of the four candidates for the bypolls, it turned out, had pending criminal cases against them. The party’s choice of candidates went against Kishor’s promise to give tickets to candidates with a “clean image”. Their defeat in the bypolls now is a jolt for the party. Just after the results became clear, Prashant Kishor addressed a press conference, accepting defeat but adding that he will bounce back. He said, ”We will contest all 243 seats in 2025 assembly seats, with more preparation. It was just a start; we will bounce back after reviewing these results.” Speaking to ThePrint, political analyst Dr Tanvir Aeijaz, vice-chairman of Centre for Multilevel Federalism, New Delhi, said, ”Prashant Kishor is trying to give political alternatives in Bihar, but his ideology is very unclear. Bihar is a politically savvy state where the public knows whom to vote for. There is no clarity on his stand on reservation and privatisation. He only targets mainstream parties, but what alternative will he give? No clarity. So, why would the public be attracted to vote?” Jan Suraaj Party fielded Mohammad Amjad in the Belaganj assembly constituency. With 17,285 votes, he came third. Janata Dal (United) candidate Manorama Devi won the seat with 73,334 votes. In the Imamganj assembly constituency, JSP candidate Jitendra Paswan also stood third, with 37,103 votes. Hindustani Awam Morcha (Secular)’s Deepa Manjhi, the daughter-in-law of Union Minister Jitendra Ram Manjhi, clinched the seat by winning 53,435 votes. In the Tarari assembly constituency, Jan Suraaj Party candidate Kiran Singh also could secure only the third position by winning 5,592 votes. With 78,564 votes, BJP candidate Vishal Prashant, son of former MLA and ‘Arrah strongman’ Sunil Pandey, emerged as the winner. In the Ramgarh assembly constituency, JSP candidate Sushil Kumar Singh could manage only 6,513 votes, finishing fourth. BJP candidate Ashok Kumar Singh secured the seat by winning 62,257 votes. (Edited by Madhurita Goswami) Also Read: Shocked Congress cries ‘targeted manipulation’ after Maharashtra debacle, says BJP ‘misused machinery’ Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
Malawi at a crossroads: Analyzing the government’s grip on multiple crisesManipur: Mobile internet suspension extended till Nov 25 in seven districtsNone
In a bid to wash his hands off the criticism that BRS leaders were being arrested following orders from Gandhi Bhavan, Chief Minister A Revanth Reddy on Friday claimed that the police were not working under any political pressure in the State. Stressing that police behaviour towards the victims gets accolades for State government, the Chief Minister said police should redefine friendly policing and be polite towards victims and act tough on offenders. “If any people try to boast about their status and connections, put them behind bars. When elected public representatives visit police stations, they should respect the police,” Revanth Reddy said, stressing that police should not consider designations of people and that protocol did not apply to criminals. Speaking at the Praja Palana Vijayotsavalu here on Friday, the Chief Minister, in an indirect hint at the recent protests by special police battalion personnel, said the uniformed force was expected to work with (adsbygoogle = window.adsbygoogle || []).push({}); discipline. “In case of any issues, you can raise the same with senior officers. If not, you can approach the Deputy Chief Minister or me,” Revanth Reddy said, adding that police personnel should not get embroiled in any issues as they solve people’s issues. Stating that December 6 was observed as Home Guards Raising Day, the Chief Minister said the daily honorarium was increased from Rs.921 to Rs.1,000. Similarly, the weekly parade allowance was increased from Rs.100 to Rs.200, he said. Rs.5 lakh exgratia would be offered to the families of Home Guards, if they lose lives on duty. Measures would be taken to extend support to Home Guards and treatment under Rajiv Arogyasri as well, he said, also adding that with increasing drug related cases at educational institutions, school and college managements should recruit professionals to observe changes among students and curb the drug menace. Special courts would be set up to solve drug related and cyber crime cases in six months, he added.Prime Minister Justin Trudeau’s social media post about his government’s upcoming GST tax break on groceries is not sitting well with many Canadians. “In under two weeks, you’ll be paying less for groceries at the register,” stated Trudeau in an X post on Thursday. “Canadians are getting a tax break — starting December 14.” will make December 14, 2024, and February 15, 2025. Some highlights from the list of products eligible for the tax exemption include various food items, beer and wine, restaurant meals (dine-in, take-out, or delivery), essential childcare items, and even Christmas trees. However, Canadians reacted to Trudeau’s post by noting that many “basic” groceries in Canada, such as fresh, frozen, canned, and vacuum-sealed fruits and vegetables, breakfast cereals, most milk products, fresh meat, poultry and fish, and eggs, . X even tacked on a community note to Trudeau’s post, highlighting that readers “added context” to his message, pointing out that “most groceries are already exempt of GST.” The GST break will cover other food items like candy, snacks (potato chips and popcorn), cakes, and prepared foods. A full list can be found . “Most groceries are already exempt from GST, so there’s little benefit,” stated one person. “Canadians are struggling and hungry and your response is to give a GST break on beer, junk food, and take out...things Canadians can’t afford,” wrote another. “Basic groceries aren’t taxed... this means nothing,” said one commenter. Another person said they didn’t want a tax break on “Doritos or junk food.” Others commented that they wouldn’t be saving much on their grocery bills with the new exemption. While some Canadians aren’t buying into Trudeau’s tax holiday, they’ll likely not be pleased that they will be paying more for groceries next year. According to the recently released (CFRP), overall food prices will increase by 3% to 5%, with the average family of four expected to spend $16,833.67 in 2025 — an increase of up to $801.56 from last year. The most significant price increases are from 4% to 6% in categories such as bakery, dairy, meat, restaurants, and vegetables.RETAIL SECTOR | BLACK FRIDAY NEW YORK — Retailers in the U.S. rewarded shoppers who ventured out for Black Friday with giveaways and bigger-than expected discounts on a day that still reigns as the much-hyped kickoff of the holiday shopping season despite losing some luster. Department stores, shopping malls and merchants — big and small — see the day after Thanksgiving as a way to energize shoppers and to get them into physical stores at a time when many do the bulk of their browsing and buying online. Enough consumers enjoy holiday shopping in person that Black Friday remains the biggest day of the year for retail foot traffic in the U.S., according to retail technology company Sensormatic Solutions. In the U.S., analysts envision a solid holiday shopping season, though perhaps not as robust as last year's, with many shoppers cautious with their discretionary spending despite the easing of inflation. At many stores, the huge crowds of Black Fridays past never returned after the coronavirus pandemic. Early Friday morning, a Walmart in Germantown, Maryland, had only half of its parking spots filled. Some shoppers were returning items or doing their routine grocery shopping. Retailers are even more under the gun to get shoppers in to buy early and in bulk since there are five fewer days between Thanksgiving and Christmas this year. Target had an exclusive book devoted to Taylor Swift's Eras Tour and a bonus edition of her "The Tortured Poets Department: The Anthology" album that it said would only be available in stores on Black Friday. Customers can buy them online starting Saturday. Best Buy introduced an extended-release version of the doorbuster, the limited-time daily discounts that for years were the rage and sometimes sparked brawls. The nation's largest consumer electronics chain has released doorbuster deals every Friday since Nov. 8. Michael Brown, a partner at global strategy and management consulting firm Kearney, reported seeing no lines at the Westfield Garden State Plaza in Paramus, New Jersey, 10 minutes before the 7 a.m. opening. "It's not the old Black Friday that we used to know, " he said. Retailers that offered at least 40% off drove shoppers' attention, according to Brown. For example, Forever 21 had 50% to 70% discounts and had lines to the stores, while H&M, which offered 30% discounts, was relatively quiet.
FILE - : Candles are lit on the Menorah for the fourth night of Hanukkah on December 21, 2022 in North Haledon, New Jersey. (Photo by Michael Bocchieri/Getty Images) Hanukkah will begin on the evening of Christmas Day (Dec. 25) and end next year, on Jan. 2, 2025. The Jewish holiday is usually celebrated over eight days to mark the miracle and victory of the Maccabees. Hanukkah is a Jewish festival that is celebrated for eight days, generally during the month of December, though it sometimes starts in late November or ends in early January. Hanukkah (also spelled Chanukah) is observed by about 5% of Americans, according to a 2019 Associated Press NORC survey. Some holiday traditions associated with Hanukkah in the states come in the form of blue and white or sometimes silver decorations, potato latkes, and of course, the lighting of a candelabra, also known as a menorah. Hanukkah 2024 will begin on Christmas Day, Wednesday, Dec. 25, 2024, and end the next Thursday, Jan. 2, 2025. As many may know, it is observed over the span of eight days to mark the miracle and victory of the Maccabees, according to Chabad.org. Hanukkah is an 8-day celebration of the miracle that took place at the rededication of the Holy Temple in Jerusalem, according to Western University. Around 139 B.C., Israel, which was known as Judea at the time, was ruled by Syria, according to History.com. Syrian soldiers descended upon Jerusalem and the city’s Holy Temple and defiled the oil used to light the temple menorah. After reclaiming the temple, Judah Maccabee led his followers to cleanse the Holy Temple and rebuild it. When Maccabee and the other Jewish people took part in the rededication of the temple, they witnessed what they believed was a miracle, according to Chabad.org. During the rededication, Maccabee and the Jews lit a single candle with enough untainted olive oil to last one day, but the candle continued flickering for eight nights. This miracle inspired the holiday traditions that are seen in America and around the world today. FILE - : Candles are lit on the Menorah for the fourth night of Hanukkah on December 21, 2022 in North Haledon, New Jersey. (Photo by Michael Bocchieri/Getty Images) On each night of Hanukkah, Jewish people will typically light a candle on a menorah. These candle lightings are usually done at home, in a doorway or near a window after a brief blessing is recited. In addition to menorah lightings, giving to charity and social works are also part of the celebration for many, reflecting the belief that the Jewish people are called by God to help make the world better for all. During Hanukkah, some people play with dreidels which are tops that have four Hebrew letters etched upon them which include nun, gimmel, hay and shin, according to Chabad.org. It’s also customary to commemorate Hanukkah by eating oily foods such as doughnuts, potato pancakes (latkes) and eating dairy products such as cheese. Hanukkah is not recognized as a federal holiday in the states but some businesses and Jewish-run organizations might be closed during the holiday. Information for this article was gathered from the Associated Press and previous LiveNOW from FOX reporting. This story was reported from Los Angeles.
Stock market today: Wall Street hits more records following a just-right jobs report
This year’s Amazon Web Services conference, re:Invent 2024, confirmed a few trends we’ve been tracking in the artificial intelligence boom. These include massive changes in the cloud infrastructure landscape with investment of hundreds of billions of dollars in an AI infrastructure arms race, as well as the struggle of enterprises to find return on investment in AI. This week, both of these trends had interesting twists. The week started off with the resignation of Intel CEO Pat Gelsinger, demonstrating what happens when you miss a huge market shift. Intel, even before Gelsinger took over, was poorly positioned in graphics processing units, the area that NVIDIA pioneered. But Gelsinger perhaps made things worse by focusing on an approach favoring the buildout of domestic and European manufacturing facilities and a foundry business, all based in part on government funding. AWS had plenty of announcements in hardware to demonstrate that it will stay in front of the AI arms race, including ensuring its supply of chips. In addition to buying chips from AI compute leaders NVIDIA and AMD, AWS has its own line of chips, including Graviton and Trainium. Here at re:Invent, it unveiled mass-scale AI clusters, complete with its own networking and interconnect technology, as well as general availability of its Trainium2 AI training chip. LAS VEGAS, NEVADA - DECEMBER 3: Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address ... [+] during AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. (Photo by Noah Berger/Getty Images for Amazon Web Services) On the enterprise ROI front, I saw several examples of this in the re:Invent keynotes as well as the analyst conference, where companies as diverse as Apple, JP Morgan, The Hartford, Novo Nordisk, and others demonstrated how they are using AI to gain ROI in specific use cases. Let’s dive into these two areas in more detail. FBI Warns iPhone And Android Users—Stop Sending Texts FBI Warns Smartphone Users—Hang Up And Create A Secret Word Now Gmail Takeover Hack Attack—Google Warns You Have Just 7 Days To Act Amazon Shows It’s Still King of the Cloud Walking around the re:Invent conference, which hosted 60,000 people, you can talk to anybody from cloud engineers to Fortune 500 CEOs. The conference is of course owned and operated by AWS, so it’s an annual tradition for AWS to launch a barrage of technology announcements—literally hundreds—that demonstrate why it’s still the leading cloud operator. The question is, will AI help or hurt AWS in the long run? In addition to AWS competitors Microsoft Azure and Google Cloud, the AI boom has spawned a raft of AI-focused cloud providers, including Lambda and CoreWeave, the latter of which has achieved a valuation of tens of billions of dollars in just a few years. AWS is of course determined not to let AI derail its leadership. Its announcements range from huge hardware projects to feature upgrades of its AI services SageMaker and Bedrock. On the hardware front, AWS showed it has a diversification strategy to provide its own hardware, even though it buys from many suppliers, including NVIDIA. AWS announced general availability of Amazon Elastic Compute Cloud (Amazon EC2) on Trn2 instances, which feature clusters of 16 Trn2 chips. And Trn2 can be scaled up using hardware clustering solutions. A separate Trn2 UltraServer, now in preview, features a cluster of 64 Trn2 chips across four Trn2 instances. AWS CEO Matt Garman positioned it as a broadening of the market rather than as a competitive alternative to NVIDIA. "NVIDIA is an incredibly important partner of ours. AMD is an incredible partner as well. Today it is true that the vast majority of workloads run on NVIDIA. We're so early where GenAI can be, that I think Trainium increases the size of the pie. It's not going to be at the expense [of others]." The company is also planning a massive supercomputer named Project Rainier in partnership with Anthropic (which AWS has invested in), based on UltraServers. It's set to debut in 2025. Anthropic isn’t alone. Other Trn2 customers include Databricks, Datadog, Ricoh, Hugging Face, and PyTorch. AI Feature Upgrades It wouldn’t be re:Invent without lots of geeky upgrades to AWS services. AWS has rebranded its SageMaker ML service as SageMaker AI, which sports a bunch of enhancements designed to grease the wheels of ML-based analytics. These include the SageMaker HyperPod, which coordinates modeling workloads . In a keynote talk at the conference this week, Swami Sivasubramanian, VP of AI and data at AWS, outlined a raft of new services that streamline model training and inferencing for enterprise customers. “We’re seeing the convergence of big data, analytics, machine learning, and generative AI,” said Sivasubramanian. And AWS has built on a range of past successes to meet demand, he said. In another example, the company’s other AI service, Bedrock, offers a range of large language models. This year features multi-agent collaboration , which allows agents to coordinate across different tasks. Example: For a financial services firm, according to AWS’s online announcement, “specialized agents could coordinate to gather data, analyze trends, and provide actionable recommendations—working in parallel to improve response times and precision.” This feature is currently available in the US East (N. Virginia), US West (Oregon), and Europe (Ireland) AWS Regions. The Enterprise AI Question Queue up the next topic: enterprise AI. The world is filled with chatter about whether AI can fulfill its promise in delivering ROI to the enterprise. There are of course many skeptics, including Render founder and CEO Anurag Goel, who was also a former executive at Stripe. Render has a cloud automation platform that Goel says is being adopted by “hundreds of thousands of developers per month.” He told me that he hadn’t seen a huge demonstration of ROI at the conference. “AWS announced a lot of services around AI but they lack a coherent end-to-end theme,” Goel told me in the hallway of the Venetian. “The business value and the ROI remains unclear.” Despite some skepticism about the AI endgame, some attendees said there has been a shift in thinking from “god” products to more tactical technology using AI. Adam Jacob, cofounder and CEO of System Initiative, told me the new thinking embodies a more tactical, focused approach he refers to as “micro AI.” “As an industry, we started out by thinking, ‘We're going to have a single god robot that we just pump all the exabytes of data to and we just let the god machine sort it out.’ We're learning that that creates a terrible user experience and is incredibly hard to track and secure. Instead, we're starting to build micro AI experiences that form a series of small experiences that build up to really compelling big ones." The case for micro AI makes sense. Generalized AI is difficult and has key challenges such as accuracy, data security, and data provenance. But if you can focus on specific solutions with an AI tool, you might have a better shot at ROI gratification. In its analyst conference, AWS did a good job of presenting ROI examples from customers, which was a noticeable change from last year, when the market was still riding the pink cloud of AI hype. In its briefing sessions for industry analysts, AWS had examples of compelling ROI-driven case studies. Companies presenting included Apple, JP Morgan, The Hartford, Merck, New York Life, and Novo Nordisk, among others. Louise Lind Skov, head of content digitalisation with Danish pharmaceutical giant Novo Nordisk. showed how the company reduced the time to create regulatory documentation from two months to several minutes by building its own AI-driven tool on AWS, which it calls NovoScribe. “From a medical writing perspective, this would have required thousands of hours of work,” said Skov. NovoScribe seems to be a great example of micro AI. By focusing on a specific use case and process, Novo Nordisk was able to deliver specific efficiencies. This will be a big theme going forward as the AI wave takes a circuitous path to technology nirvana. Nobody has a god AI app yet, but there are certainly many tools available to solve everyday problems and deliver tangible results in focused areas.