Facebook owner Meta Platforms beat analysts’ estimates for third-quarter revenue and profit on Wednesday, but warned of “significant acceleration” in artificial intelligence-related infrastructure spending.
The results sent mixed signals to investors about whether digital ad sales from Meta’s core social media business would continue to cover the cost of its massive AI build.
Shares of the Menlo Park, California-based firm fell 2.9% in after-hours trading.
Facebook parent Meta warned of “significant acceleration” in infrastructure spending related to its AI build. Above, CEO Mark Zuckerberg wearing Orion AR glasses. Reuters
“Meta needs to prove it can continue to cover its AI costs as they rise next year, and any weakness in its core advertising business could make investors nervous as they continue to wait for a return on higher bets Meta’s AI giants,” said the director of Emarketer. analyst Jasmine Enberg.
Like its Big Tech peers, Meta has invested heavily in data centers to take advantage of the generative AI boom. Unlike cloud service providers, however, it does not expect to monetize these investments immediately and is therefore subject to more scrutiny from investors about its spending.
The world’s largest social media company, led by CEO Mark Zuckerberg, kept costs under control in the third quarter, with total expenses of $23.2 billion and capital expenditures of $9.2 billion. He projected a slightly improved spending picture for the year as well, narrowing the total spending forecast to $96 billion to $98 billion.
In its press release, however, it warned of “a significant acceleration in infrastructure spending growth next year as we recognize higher growth in depreciation and operating expenses of our expanding infrastructure fleet.”
Investors have been wary of Meta’s spending in recent months. Its shares sank in April after it revealed a higher-than-expected spending forecast, knocking $200 billion off its stock market value.
That capped a string of strong quarters for Meta, which has bounced back from a share price slump in 2022 by trimming its workforce, building on investor enthusiasm for AI and earlier this year issuing a dividend of her first ever.
Advertising accounts for the vast majority of Meta’s revenue, meaning higher marketing spend during the holiday season could provide a crucial boost to the company’s bottom line. AP
Meta’s earnings follow encouraging results from digital ad companies Alphabet and Snap, both of which beat third-quarter revenue estimates on Tuesday thanks in part to growth in AI-assisted ad sales.
Meta reported third-quarter earnings of $6.03 per share, compared with estimates of $5.25 per share, according to data compiled by LSEG. Third-quarter revenue came in at $40.59 billion, compared with analysts’ estimates of $40.29 billion.
The company also forecast fourth-quarter revenue of between $45 billion and $48 billion, compared with analysts’ estimates of $46.31 billion, according to data from LSEG.
According to analysts, advertising accounts for the vast majority of Meta’s revenue, meaning higher marketing spending during the holiday season could provide a crucial boost to the company’s bottom line.
Meta’s earnings follow encouraging results from digital ad companies Alphabet and Snap, both of which beat third-quarter revenue estimates on Tuesday thanks in part to growth in AI-assisted ad sales. Reuters
Meta’s daily active people (DAP), a metric it uses to track unique users who open one of its apps in a day, rose 5% in the third quarter to 3.29 billion. DAP increased by 7% in the previous June quarter, to ALL 3.27 billion.
Meta is well-positioned to squeeze more revenue from users as user growth slows, given its AI tools to show people more content that matches their interests, Enberg said.
The company’s Reality Labs division, which makes the Quest virtual reality headset, EssilorLuxottica’s Ray-Ban smart glasses and upcoming augmented reality glasses, lost $4.4 billion in the third quarter, narrower than analysts’ estimates. for a loss of 4.7 billion dollars.
In a discussion with actor and activist Jonah Platt on Tuesday, CNN commentator Van Jones offered strong words to describe Hamas and the terrorist group’s Western backers.
“The Palestinians deserve all the support in the world,” Jones said Oct. 29 during the Being Jewish with Jonah Platt podcast. “Their cause is right, they want human rights, they want dignity, they want sovereignty – that’s beautiful. And it’s been hijacked by a Nazi organization called Hamas, who are horrible
Contradicting the positions of some others on the left, Jones said of the terrorist organization Hamas in the Gaza Strip: “They are not freedom fighters. They are freedom takers. They are not interested in democracy, they are not interested in human rights. They are not interested in women’s rights. They are not interested in gay rights.â€
In a discussion with actor and activist Jonah Platt on Tuesday, CNN commentator Van Jones offered strong words to describe Hamas and the terror group’s Western backers.Jonah Platt sat down with Van Jones to dive into the historical power and current necessity of the black-Jewish relationship.
Jones continued: “They are not interested in anything we are interested in. And they are trying to destroy Israel more than they are trying to help the Palestinians. It is a Nazi organization
Characterizing support for the Palestinians as “a good cause that has been hijacked by bad people”, he urged that “you should be able to talk about this honestly”.
He said that as a result of his views on the war between Israel and Hamas in Gaza, “I’ve had people take money out of things that I’m a part of.” But who cares? Nothing compared to what those kids went through at the Nova festival. Nothing compared to what the people went through in the kibbutz.â€
“The Palestinians deserve all the support in the world,” Jones said Oct. 29 during the Being Jewish with Jonah Platt podcast. Jonah Platt/YouTubePalestinians inspect a building destroyed by Israeli airstrikes in the town of Khan Younis, south of the Gaza Strip, Friday, Oct. 25, 2024. AP
Personalizing the discussion, Jones said “I’m a progressive, so Hamas attacked my people. These are my people on the kibbutz – they’re liberals, they’re my people
He also dismissed some of the rhetoric used by the left to justify mass murder: “You have these idiots here talking about, ‘Oh, these were the Nazi Zionist colonizers, blah, blah, blah.’” And I Like, guys , you know nothing about anything, you look like idiots, and the only reason you can get away with it is because there simply aren’t that many Jews to fight with.”
Gather, my babies; this week, we have a powerful opposition between Pluto, the planet of death and destruction, and Mars, the planet of conflict, action and aggression.
If that sounds yikes, that’s because it is.
The opposition is correct on November 3, but we will feel the effects and dizzying consequences of this showdown for several days before and after the main event – including but not limited to election day.
Understanding the Mars-Pluto opposition
Mars is getting ready to move from the cardinal waters of Cancer to the feline fires of Leo. graphic master – stock.adobe.com
In conversation with each other, Mars and Pluto are combative, but they also invite us to find and stand in our power, overcome our base instincts, and fight the proverbial good fight.
Mars in Cancer directly opposes Pluto in Capricorn at a fatal and anaretic 29 degrees. Both are just days away from changing signs, and this precipice amplifies the energy of the antagonism.
Current views of this week’s Mars-Pluto opposition. zef art – stock.adobe.com
Mars is the planet of war, while Cancer is the sign of maternal care and memory. In this way, this transit asks us to consider what memories and past pains continue to cause conflict in our consciousness, what triggers they continue to cause – and what roles we insist on reviving.
Mars in Cancer craves stagnation, the toxic known over the frightening unknown, and tends to react more than respond. During this opposition, emotional resistance, all-out outbursts and hypersensitivity are predicted.
Conflict can arise to test whether we operate from a place of bold empowerment or covert encouragement and patterned victimization. While the divine machine of fate does not stop, there are ways to observe and integrate its teachings.
Power struggle and warnings to cause
Pluto is named for the god of the underworld. Archivist – stock.adobe.com
Pluto is the planet of karmic punishment, and Capricorn is the sign of power, authority, and the paternal structure. Since Pluto began its tour of Capricorn in 2008, the dark lord has been at work uncovering and destroying traditional structures and oppressive power dynamics. See the financial crisis, the #MeToo movement, and the takedown of accused predators and power wielders like Weinstein, Epstein, and Diddy.
Pluto eventually emerges from the mouth of Hell to heal.
In its highest expression, Capped Pluto displaces and overturns the obsolete. On the other hand and in the lower abdomen, it can express itself as a dark need for control and an oppressive father knows the energy best. In the final stages of this transit, it will be interesting to see what kind of curtain the planet of death will close.
Pluto = death and Mars = vitality, so this opposition can manifest as life-or-death scenarios—or power struggles that reach a fever pitch and make you feel like survival can only come through detachment.
However, Pluto eventually emerges from the mouth of Hell to heal. Pluto is also the planet of karmic reckoning, and this opposition and the subsequent presidential election occur a few days after Pluto enters Aquarius, the sign it was in when the United States declared its independence.
Cultural catharsis
Pluto is sounding its death knell in the last degree of Capricorn. Janez Volmayer – stock.adobe.com
Similarly, this opposition and this upcoming Pluto cycle promise to usher in a new era for our nation.
Some people will experience this transit as explosive right away, while others will see the seeds planted in the coming days produce flowers of change and challenge over the next few months.
Whether the effects are fast and furious or slowly transformative, it’s a moment of deep catharsis.
Remember that the etymology of catharsis is to cleanse through purification. Typically, catharsis follows crises, as one must reach a major scale before one can pivot. We can’t be redeemed without failure, we can’t cleanse without being poisoned, and we can’t rise without resistance, people.
In myth, Orpheus connects the worlds of Pluto and Mars. SERHII – stock.adobe.com
In myth, the clearest connection between the god of the underworld, Pluto/Hades, and the god of war, Mars/Apollo, is Orpheus, the slayer of the free-spirited lady.
According to many accounts, Apollo taught Orpheus how to play and/or gave him his first instrument. So beautiful was the game of Orpheus that all forms of life, even inanimate objects, moved in rhythm with him.
When a snakebite killed Orpheus’ wife, he descended into the underworld to bring her back from the dead. His pain and the music he held were so moving that Hades himself was moved to tears and granted Orpheus his wish, on the condition that he never look back until he reached the world of the living.
if you’re going through hell, keep going. QuietWord – stock.adobe.com
In this sense, our instructions for surviving and overcoming this transit are similar – we must keep moving forward, and only when we surrender to the other side of the destruction, can we return and begin to understand the path that brought us through it.
Basically, if you’re going through hell, keep going. If you have personal planets falling in late degrees (25 to 29 degrees) of cardinal signs (Aries, Cancer, Libra or Capricorn), you will feel the effects of this opposition more acutely.
Good luck there. After the rubble and ruins, the road leads to better, brighter days to come.
Astrologer Reda Wigle researches and reports candidly on planetary configurations and their effect on each zodiac sign. Her horoscopes integrate history, poetry, pop culture and personal experience. To book a reading, visit her website.
There is no shortage of Halloween themed activities once the spooky season arrives and this year is no exception with one of the most “spooky” activities available; Tim Burton’s The Nightmare Before Christmas Trail of Light at the New York Botanical Garden (now through Nov. 30).
Fan fantasies come to life with songs, characters and scenes from the film set against a lush botanical backdrop. Many are sure to show up in their favorite character’s costume, but those who want to be festive with less flair can opt for a creepy or decidedly ominous piece of jewelry.
Reach into your jewelry box and pull out your seasonal gems, or better yet, grab one of these funky numbers for a chill night on the light trails and beyond.
Of course, the most classic motif would be a skull, similar to that of Jack Skellington. Designer Amanda Pearl created a fused skull ring that will make people look twice—and what goes better with a skull ring than a bone-chilling chain bracelet from Anthony Lent?
Creatures are a must, like Sauer’s horned snake and diamond snake necklace and a skin-crawling two-tone pearl spider brooch from Lagos. Pendants may be the easiest way to get on trend, with chic charms that are equally creepy and cheeky from New York-based designers. Bittersweets NY hit the nail on the head with their version of a jack-o’-lantern charm, and Olivve NYC expanded on their popular themed charms with a bat motif.
The Mason H Jewels “Skin” collection spiral earrings project a luxurious echo of Jack’s famous spiral hill scene. While the State Borsh ring creates an optical illusion with a nod to Jack’s striped ensemble. The green quartz pendant from Claire Florence’s necklace is cut into a coffin and is hauntingly gorgeous.
Whichever one you choose will definitely get you in the mood for Halloween town….
Courtesy of Amanda PearlCourtesy of SauerCourtesy of LagosCourtesy of Anthony LentCourtesy of Bittersweets NYCourtesy of Claire FlorenceCourtesy of Maison H JewelsCourtesy of State PropertyCourtesy of Olivve NYC
Chip-making giant Nvidia is in talks with Elon Musk to invest in his fast-growing artificial intelligence startup xAI, a source close to the situation said.
XAI — which powers the Grok chatbot on Musk’s X social network — is in talks with several investors to raise several billion dollars at a roughly $40 billion valuation, the WSJ reported this week.
The Information reported that he was talking to strategic investors — meaning technology companies as opposed to investment firms — but did not provide any names.
Venture firms including Sequoia Capital, Andreessen Horowitz and Vy Capital have been involved in recent funding talks, the tech news site reported.
Nvidia CEO Jensen Huang has sung Musk’s praises. Ritzau Scanpix/AFP via Getty Images
Nvidia — which under CEO Jensen Huang last week surpassed Apple to become the world’s most valuable company with a market capitalization of more than $3.5 trillion — declined to comment when contacted by The Post.
The company had strongly denied similar rumors in the spring.
Musk expects to hold a major new fundraising round in January that could value xAI at up to $75 billion, two sources said.
It’s not uncommon for chipmakers like Nvidia to co-invest with their customers in projects, according to industry insiders.
An Nvidia analyst, who asked not to be named, said xAI’s competitors would still buy Nvidia’s chips even if it invested in xAI.
“If not, this transaction would never go forward,” the analyst said.
In a December 2023 blog post, Nvidia said it had made investments in more than two dozen companies last year as the pace of innovation in AI and computing accelerates.
“Nvidia’s corporate investment arm focuses on strategic collaborations,” Nvidia said in the blog post. “These partnerships stimulate joint innovation, enhance the Nvidia platform and expand the ecosystem.”
Elon Musk is in serious talks with Nvidia to invest in xAI. NurPhoto via Getty Images
Some insiders say an xAI-Nvidia partnership would be a natural fit, given Musk’s extensive collaboration with Nvidia across his business empire.
In an Oct. 17 podcast, Huang praised Musk for building the fastest supercomputer on the planet with his company’s help in 19 days.
In April, Nvidia shares rose after Musk said Tesla would need access to more high-end Nvidia chips to power the electric carmaker’s AI plans, Barron’s reported.
Musk also said in April that xAI would need 100,000 Nvidia H100 chips to train improved versions of its Grok 3 chatbot.
Musk’s robots at an Oct. 10 Tesla event weren’t too impressive as humans reportedly helped control them. via REUTERS
The current version, Grok 2, received around 20,000 chips.
Musk was even quoted in an Nvidia press release following the launch of its advanced Blackwell AI chips.
“There is currently nothing better than Nvidia hardware for AI,” Musk said in the announcement.
Musk’s XAI is a direct competitor to Google’s Gemini AI platform and OpenAI-backed ChatGPT.
Billionaire tech mogul Marc Benioff is reportedly in talks to sell Time magazine to a Greek media conglomerate.
Benioff, who co-founded enterprise software giant Salesforce and boasts a net worth estimated by the Bloomberg Billionaires Index at $10.7 billion as of Friday, has engaged Antenna Group in a deal for Time, according to CNBC.
Sources familiar with the discussions told CNBC that Benioff, who bought Time in 2018 for $190 million, was considering a $150 million offer from Antenna Group.
Tech billionaire Marc Benioff is reportedly in discussions to sell Time magazine to a Greek media conglomerate. San Francisco Chronicle via Getty ImagesBenioff, who bought Time in 2018 for $190 million, was considering a $150 million bid from Antenna Group. monticello – stock.adobe.com
Benioff bought the magazine from Meredith Corp, which had owned the publication for less than a year.
Last month, Benioff expressed disappointment that Vice President Kamala Harris refused to sit down for an interview with Time.
Benioff criticized Harris while pointing out that former President Donald Trump and President Biden — before he left — both sat down for interviews during their campaigns.
“Despite multiple requests, TIME has not been granted an interview with Kamala Harris — unlike every other presidential candidate,” Benioff tweeted.
In September, Time raised eyebrows when it excluded Elon Musk from its list of the 100 most influential people in artificial intelligence.
Benioff criticized Vice President Kamala Harris for declining an interview request. time
Antena has been eager to enter the American media market. In 2022, she almost bought Vice Media before the company filed for bankruptcy.
Time, like other magazines, has struggled with continued declines in print advertising and newsstand sales.
At its peak between the 1970s and 1990s, Time’s circulation exceeded 4 million copies nationwide — beating out competitors like Newsweek and US News & World Report.
In 2012, Time had a circulation of 3.3 million. Today, its readers number about 1.6 million subscribers.
Benioff is the co-founder of software giant Salesforce. He has a reported net worth of $10.7 billion. Miscellaneous Photography – stock.adobe.com
Started by Yale University graduates Henry Luce and Briton Hadden, Time first went on sale in March 1923.
Before Benioff bought the magazine, it was trying to transition to a digital strategy but was struggling.
Time has posted two straight years of annual losses and its revenue has fallen since it was spun off from Time Warner in 2014.
An excerpt from “The Smitten God: The Mesoamerican Mythological Tradition,” decrees, “For bones are like seeds: whatever dies goes to Earth, and from it new life is born in the sacred cycle of existence.”
Día de los Muertos, or Day of the Dead, honors that sacred cycle by honoring the dead and celebrating their annual return to the world of the living.
What is the day of the dead?
Día de los Muertos, or Day of the Dead, honors that sacred cycle of life by honoring the dead and celebrating their annual return to the world of the living. ALEXSTUDIO – stock.adobe.com
Día de los Muertos is an interweaving of pre-Columbian ritual and European tradition. It celebrates the richness of life and the inevitable journey of death.
It is important to note that Día de los Muertos celebrations vary from region to region, and not all communities in Mexico celebrate the holiday.
During Día de los Muertos celebrations, family members often visit cemeteries where their lost loved ones are buried, cleaning and decorating the graves and gathering at the graveside to eat, play music, and talk about and with the dead.
To show the dead that they are not forgotten, altars or offerings are built at home.
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When is the day of the dead and where is it celebrated?
Armir – stock.adobe.com
Dia de los Muertos is observed by those of Mexican heritage throughout Central, South and North America on November 1st and 2nd. The first date is dedicated to the spirits of dead children, while the second is reserved for the spirits of adults.
These dates correspond to the Catholic feast days of All Saints and All Souls. Mexico City and Oaxaca are known for the extent of their Día de los Muertos celebrations, while San Antonio is home to the largest Day of the Dead celebration in the United States.
The History of the Day of the Dead
Day of the Dead by Banda Monumental De Mexico perform on Edinburgh Castle Esplanade. PA images via Getty Images
The origins of Día de los Muertos stretch back 3,000 years to the death rituals of the Nahua people of Mesoamerica.
The Nahua, which includes the Aztecs, saw the universe in cyclical terms and humanity as an emergent duality. Death was not a separation from life, but an integral part of it.
According to the National Center for Hispanic Culture, “Humans were the bridge between heaven and earth—the point of contact between the divine and the profane, the spiritual and the material, the rational and the irrational. Man was the union of opposites and responsible for maintaining the balance between the conflicting forces of the universe. ”
According to Aztec mythology, Mictlanteculhtli was the god of the dead and the King of the deepest part of the underworld. Gianpiero – stock.adobe.com
For the Nahua, death was not an end, but a kind of embarkation. Upon death, a person takes the soul’s journey to Chicunamictlán or the underworld.
After a trying journey of nine levels and four years, the spirit would finally surrender to Mictlán, its final resting place.
Originally, rituals to honor the departed were held in August and the living offered essentials such as food and water to help their ancestors through this journey. These ancient offerings served as inspiration for the altars and alms that mark contemporary Día de los Muertos celebrations.
Spanish influence
Oaxaca De Juarez during the annual Day of the Dead celebrations. Alliance dpa/photo via Getty I
In the 16th century, the Spanish conquistadors, fresh from the dark days of the Black Death and riding high on the fumes of Christianity, took a grim view of death, not that that stopped them from delivering it en masse to those who colonized mercilessly. deviate.
The Christian faith has a long history of “renaming” the holy places, myths and celebrations of those seeking to convert.
In this way, temples are torn down to make way for churches, the nuanced underworld becomes a hellscape of fire and brimstone, and holy occasions coincide with feast days. Such was the fate of the pagan festival of Samhain, and so the Nahua death rituals were adapted to All Saints’ and All Souls’ Day.
The importance of Día de los Muertos was recognized by UNESCO in 2008. Emanuel – stock.adobe.com
Despite the best efforts of the Spanish to regard death and the afterlife of the soul as something to be feared, the essential ethos of the universe as cyclical and death as celebration continues in and through the continued observance of Día de los Muertos.
The ethos of death as celebratory and the universe as cyclical continues in and through the observance of Día de los Muertos.
UNESCO recognized the importance of Día de los Muertos in 2008 when the organization added the holiday to its list of Intangible Cultural Heritage of Humanity, citing, “It the encounter between the living and the dead affirms the role of the individual within society and contributes to the strengthening of the political and social status of Mexico’s indigenous communities.
Day of the Dead traditions
This traditional Dia de Muertos offering has seven levels, each representing the number of steps a soul must take to reach heaven. Getty Images
altarscried altars of Muerto OR offerings, are among the most prominent and significant features of Day of the Dead celebrations. theirs function is to show the dead that they are not forgotten and to guide them home. Depending on the region and tradition, altars are built with a different number of levels and a wide variety of offerings. In this context, ofrenda describes the altar and offerings.
These offerings may include photos of lost loved ones, salt, water and alcohol to quench their thirst and skullglittery decorated skulls made of sugar and meringue that represent what has passed and serve as a symbol for the sweetness of life.
Drilling into the colorful paper known as papel picado allows easy access for traveling spirits. Salander Studio – stock.adobe.com
Punching on colorful fabric paper known as papel picado it allows traveling spirits easy access, while the delicacy of the paper symbolizes the fragile nature of life itself.
Pan de Muertobread of the dead, is one of the many food items placed in offerings.
Flowers, including marigolds and marigolds, are commonly added to altars. Petals are sometimes scattered from the house to the altar in the hope that the vivid color and strong fragrance of the flowers and the flickering light of the candles will serve as guides to the ancestral spirits.
A stack of decorative skulltypical of those used to decorate Día de los Muertos altars. NurPhoto via Getty Images
Día de los Muertos preparations are made with great care to ensure that the dead are welcomed and enjoyed. They are believed to carry the power to bestow pain or prosperity, depending on the quality of the offerings and the execution of these rituals.
Day of the Dead is NOT a Halloween holiday
Celebrants during the Day Of The Dead Festival parade in Guanajuato, Mexico Getty Images
Although themes of death feature heavily in both traditions, Día de los Muertos is NOT the same as Halloween, and the conflation of the two and the commodification of the former is a source of controversy and cultural appropriation.
As the Los Angeles Times argues, “Day of the Dead has effectively become wrapped up in Halloween retail hype, troubling some observers who see it as cultural appropriation that turns centuries-old Day of the Dead memories into commercialism crazy”.
Halloween is closely related to the ancient pagan harvest festival known as Samhain. Modern Halloween celebrations share little beyond skeletal imagery and a seasonal convergence with the Day of the Dead.
“The costume is for Halloween, and Día de los Muertos is not a costume.”
Jessica Razo
As Jessica Razo reminds us, “Dressing up is for Halloween and Día de los Muertos is not a costume.” So please, unless you grew up in a community that traditionally observes the holiday, don’t put your sugar skull in a costume. sometimes.
Day of the Dead and cultural appreciation versus appropriation
A Día de los Muertos celebrant wears skull makeup Future Publishing via Getty Images
Mourning (along with friendship, music, language, love of Paul Rudd and abhorrence of incest) is one of our major cultural universals, and Día de los Muertos can provide impetus to explore our ancestral traditions of death and remembrance.
However, there is a very fine and uncertain line between appreciating and appropriating and bending and borrowing from.
“The biggest way to change the culture of acquisition is with your wallet.”
Jeremy Cohen
Día de los Muertos is an important cultural holiday, not a name or an aesthetic that can be flagged for profit, much to the chagrin of the Walt Disney Co., which tried to do just that in preparation for the release of “Coco ” and Mattel, who were attacked for Day of the Dead-themed Barbies.
Sigh.
There is a very fine and precarious line between appreciating and appropriating and bending over and borrowing from Oleg – stock.adobe.com
Those who did not grow up with the traditions of Día de los Muertos, but are attracted to the holiday, can educate themselves and observe the festivities with the ultimate curiosity and reverence.
Learn and engage with it, but don’t take from. Ask permission to take pictures. Observers and assessors should be mindful of how and where they spend money related to the holiday and related items.
Día de los Muertos can provide impetus to explore our ancestral traditions of death and remembrance. Parkpoom – stock.adobe.com
“The biggest way to change the culture of acquisition is with your wallet,” explains Jeremy Cohen on Talk Death. “If you want to buy sugar skulls or Day of the Dead merchandise, make sure your money goes into the hands of people who actually benefit from it, not into the hands of foreign conglomerates.”
By spending carefully, honoring respectfully, and investigating your ancestral traditions, you can pay homage to the sacred cycle of existence that counts bones as seeds and birth and death as equal blessings.
Astrology 101: Your Guide to the Star
Astrologer Reda Wigle researches and reports candidly on planetary configurations and their effect on each zodiac sign. Her horoscopes integrate history, poetry, pop culture and personal experience. To book a reading, visit her website.
Each week, Alexa is rounding up the buzziest fashion awards, hotel openings, restaurant debuts and popular cultural events in NYC. It’s our curated guide to the best things to see, buy, taste and experience around town.
What’s making our luxury list this week? Christopher John Rogers for J. Crew, Jenny Bird and Wollman Rink pop-up reopens.
Christopher John Rogers brings his vibrant style to J.Crew in a new collection of over three dozen pieces Courtesy of J. Crew
Christopher John Rogers has created a collection of over three dozen vibrant styles that debuted at select J.Crew stores (and online) last week. The Baton Rouge, Louisiana, native who won the 2020 CFDA Emerging Designer Award noted “My brand is about providing people with the tools to express themselves through color, through print, through volume… We wanted to have a lot of print variety in the collection while keeping everything cohesive through a limited color palette. We have a bold stripe next to the giant polka dots, smaller polka dots – it really runs the gamut, but everything is easy to mix and match Shop his limited edition offerings, including kids’ pieces, at JCrew.com.
The art of photographer Fernando Bengoecha lives on in an exhibition at the Cristina Grajales gallery, curated by the late artist’s former partner Courtesy of the Artist
“I accept the death of my brother, but I do not accept that his art dies with him,” says a quote attributed to Marcelo Bengoechea about his brother, the late photographer Fernando Bengoechea. Fernando died in the 2004 Indian Ocean tsunami; he was vacationing in Sri Lanka with his partner, Nate Berkus, at the time. Fernando had invented an innovative technique of stitching together two identical Giclee prints, resulting in the same image translated into a textured style. Marcelo has continued that tradition, cutting and weaving images of his brother. An exhibition of those pieces, called “Woven Together: Reflections” is now on display at the Cristina Grajales Gallery. It is curated in partnership with renowned designer and Fernando’s former partner, Nate Berkus, and will continue through January at CristinaGrajales.com
Kinjo is the latest omakase joint to take over Manhattan – head to Dumbo to check out their extensive menu and custom grace. Max Flatow
The omakase invasion continues with the opening of Kinjo at 11 Adams Street, the site of a former torpedo factory under the Manhattan Bridge in Dumbo. Their opening menu is $95 and includes six nigiri and five additional courses, which vary but may include ikura-dressed Kumamoto oysters, scallops and yuzu crudo, truffled wagyu, curry-glazed botan ebi and duck cured with koji with pineapple hoisin. Small plates (overseen by chef Eddie Lee, formerly of Momofuku), are offered at the bar and in the lounge area: rice cakes with truffle butter, udon with boiled egg and aonori, snow crab with chips, toast tuna with crème fraîche and a cucumber salad. Kinjo also collaborated with Brooklyn Kura to create and bottle a custom Junmai Ginjo Namazake craft beer. KinjoDumbo.com
Pop up today, gone tomorrow! Meet Jenny Bird’s Nolita location before the Canadian jewelry store maven’s closes its doors at the end of December. Anna Morgowicz
Jenny Bird, a semi-fine jewelry brand with “lightweight” pieces worn by Michelle Obama, Selena Gomez and Zendaya, has opened its first, albeit temporary, retail store at 21 Spring Street in Nolita. Bird, who hails from Canada, is a self-taught designer who debuted with handbags but branched out into jewelry and, a few years ago, added sunglasses to the mix. Interestingly enough, she credits a trunk show by the late, great Henri Bendel (and subsequent coverage in Daily Candy) as helping launch her own bag line. This is very IYKYK. Even if you don’t, it’s worth checking out her pop-up for trendy styles that won’t break the bank. Until December 22. Jenny-Bird.com
Go for the gold at Wollman Rink this winter, now open to the public – from Olympic hopefuls to those just hoping to avoid the drop. Getty Images
Attention skaters: prepare to channel your inner Nathan Chen. Wollman Rink is now open. This iconic New York venue, which debuted in 1950, is more than just a stage to show off your axel, spin, salchow and lutz. Skate School, for example, offers lessons for skaters of all ages and skill levels. There’s also a village of lighted igloos on the square side, complete with cozy interiors and two dining options: The Café (located in The Clubhouse) and Melba’s in the Park (an outpost of Harlem’s infamous Melba’s ) located in The Overlook area. WollmanRinkNYC.com.
Intel will lose its place in the Dow Jones Industrial Average after a 25-year run with Nvidia, S&P Dow Jones Indices said on Friday, the latest blow to the struggling chipmaker that was among the first two technology firms to be included on the blue chip. index.
Once the dominant force in chipmaking, Intel has in recent years ceded its manufacturing advantage to rival TSMC and missed out on the AI-generating boom after missteps, including passing on an investment in OpenAI, owner of ChatGPT.
Intel shares have fallen 54% this year, making it the worst performer in the index and leaving it with the lowest-priced stock in the price-weighted Dow.
Intel shares have fallen 54% this year, making it the worst performer on the index. Above, Intel CEO Pat Gelsinger at an Arizona plant with President Biden in March. AP
The stock fell about 1% to $22.79 in extended trading on Friday, while Nvidia rose more than 2% to $139.17.
The development comes a day after Intel expressed optimism about the future of its PC and server businesses, forecasting current-quarter revenue above estimates but warning it had “a lot of work to do.”
“Losing Dow Jones inclusion status would be another reputational blow for Intel as it faces a painful transformation and loss of confidence,” said Susannah Streeter, head of money and markets at Hargreaves Lansdown.
“It will also mean that Intel is not included in exchange-traded funds (ETFs) that track the index, which could further affect the share price.”
Launched in 1968, the Silicon Valley pioneer sold memory chips before moving into processors that helped launch the personal computer industry.
Launched in 1968, the Silicon Valley pioneer sold memory chips before moving into processors that helped launch the personal computer industry. Reuters
In the 1990s, Intel Inside stickers turned commodity electronic components into premium products and eventually became ubiquitous in laptops.
Intel’s revenue was $54 billion in 2023, down nearly a third from 2021, when Pat Gelsinger took over as CEO. Analysts expect Intel to report its first annual net loss this year since 1986.
The company is worth less than $100 billion for the first time in 30 years.
That pales in comparison to Nvidia, which is valued at $3.32 trillion, making it the second most valuable company in the world.
Nvidia CEO Jensen Huang left with Danish AI Innovation Center CEO Nadia Carlsten and Denmark’s King Frederik X last month. AP
Nvidia’s AI Driver
Nvidia has emerged as a cornerstone of the global semiconductor industry, thanks to the essential role its chips play in powering AI-generating technologies, which have fueled a sevenfold rise in its shares over the past two years.
The company’s stock has more than doubled this year alone.
Once popular only among gamers looking for PCs with Nvidia graphics processors, the company is now the second most valuable in the world and seen as a barometer for the AI market.
Jensen Huang’s Nvidia is now the second most valuable in the world. Getty Images
The company’s 10-for-one stock split that took effect in June also helped pave the way for its addition to the index, making its rising stock more accessible to retail traders.
Intel, on the other hand, has struggled to gain a share of the Nvidia-dominated AI chip market, with the first chips hard to come by and even harder to replace in data centers. AI, due to the technological advantage of processors and high costs. of their replacement.
