Author: arthursheikin@gmail.com

[ad_1] A few years ago, my husband and I turned to gestational surrogacy to grow our family. It could cost tens of thousands of dollars, so we wanted to lower our living expenses while saving for it.Meanwhile, my mother-in-law, who had lost her husband a few years back, was living alone in a four-bedroom house. “I have all this space and I would love to have you all so close,” she’d said.So, our small family rented out our apartment and moved in with her. For me, this was a dream come true. Though many shows and movies portray relationships with…

[ad_1] Good morning! A famous YouTuber canceled a reservation for a Tesla Roadster nearly eight years after he made it. Marques Brownlee, also known as MKBHD, discussed on his podcast why he dropped one of his two reservations for the car and the challenging process he faced getting some of his $50,000 deposit back.Another friendly reminder to subscribe to our upcoming money newsletter, First Trade.In today’s big story, fintech wunderkind Charlie Javice didn’t get much leniency on her prison sentence. That could say a lot about future deals in the space.What’s on deck:Markets: How to cash in on M&A’s revival.Tech:…

[ad_1] Spotify appears to have little room to run as investors have already priced in bullish developments coming out of the company, according to Goldman Sachs. The investment bank downgraded the audio streaming giant to neutral from buy. While it slightly raised its 12-month price target to $770 from $765, that only implies 5.7% upside. “On the back of trailing 12-month stock performance and the scope to produce upsized operating performance ahead, we downgrade the shares,” Goldman Sachs analyst Eric Sheridan said in a note to clients. SPOT YTD mountain SPOT year to date Spotify is likely to introduce new…

[ad_1] DoorDash has a robot that can traverse sidewalks and roads to deliver dinner to your door.Importantly, the company says, it’s also cute.On Tuesday, DoorDash unveiled Dot, its latest self-driving delivery robot. The vehicle sports a red exterior, can carry up to 30 pounds of cargo, and is roomy enough to fit up to six pizza boxes at once. Dot also includes lidar sensors and cameras that are already helping it navigate streets and sidewalks in parts of Phoenix as it makes deliveries from restaurants and Dashmart.Dot has LED lights that look like eyes and the ability to greet restaurant…

[ad_1] Nvidia rival Cerebras Systems raised a new round of private financing despite its previous plan to be trading on the public market by 2025.   Silicon Valley-based Cerebras announced it raised a $1.1 billion Series G round on Tuesday that valued the AI hardware company at $8.1 billion. The round was co-led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity Partners, and 1789 Capital, among others.   Cerebras, which was founded in 2015 and offers chips, hardware systems, and cloud services specifically designed for AI, has now raised almost $2 billion in its 10-year history. Its most recent prior financing was a $250 million Series F round in 2021 that was led by Alpha Wave Ventures and valued the…

[ad_1] AI-powered app development is really taking off, and smartphone maker Nothing seems intent on capitalizing on the bandwagon: the company on Monday revealed Playground, an AI tool that lets users create apps with simple text prompts and deploy them to a platform of sorts known as Essential Apps. Currently all Playground lets you build are widgets, like a flight tracker, a next meeting brief, or a virtual pet, from scratch using text prompts, or customize an existing app on the Essential Apps platform to your purposes. More technical users can modify the code to fine-tune how an app works.…

[ad_1] Here are Tuesday’s biggest calls on Wall Street: Goldman Sachs initiates Golar LNG as buy Goldman said the nat gas company is compelling. “We initiate coverage of Golar LNG (GLNG) with a Buy rating.” BTIG downgrades Instacart to neutral from buy BTIG downgraded the stock due to rising competition. “We are downgrading CART from Buy to Neutral in light of ongoing negative competitive developments.” BMO initiates TransDigm Group as outperform BMO said it’s bullish on the aerospace component parts company. “We initiate on TransDigm (TDG) at Outperform with a $1,420 target and 10% return. Bernstein reiterates Netflix as outperform…

[ad_1] (This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors are eyeing a tech company that could be an artificial intelligence and nearshoring play. Plus, where JPMorgan is seeing the next big opportunity in private markets. ‘Worldwide Exchange’ Pick: Amkor Technology (AMKR) Nancy Prial of Essex Investment Management sees Amkor Technology , a semiconductor testing and packaging company as an AI play and a nearshoring play. “We like it as a back door AI play,” said Prial. “They are suppliers of…

[ad_1] Celsius is likely to see more upside as its original and acquired beverage lines gain traction across markets, according to Morgan Stanley. The investment bank upgraded Celsius to overweight from equal weight. It raised its price target to $70 from $61 per share, implying 23% upside from Monday’s close. “We see another leg up in CELH driven by a greater than expected reacceleration in topline growth with Alani’s transition to PEP and improving Celsius growth,” analyst Eric Serotta said Tuesday in a note to clients. CELH YTD mountain Celsius year to date Serotta noted that the energy drink company’s…

[ad_1] Adtech company Vibe is trying to grab a slice of the growing streaming TV advertising pie by targeting brands that have never advertised on TV before.Vibe focuses on “performance marketers” who tend to buy ads on Instagram — think direct-to-consumer beauty brands or gaming apps. For those advertisers, advertising on TV can feel overwhelming and expensive, compared to spinning up a social media campaign in a few clicks.Founded four years ago, its self-service TV ad buying platform has been growing quickly. The company says it’s worked with more than 5,000 advertisers — from large companies, to app developers, and…