New Maker's Mark Whiskey Brand Leans Even More Into Wheat
The Star Hill Farm label, named after Maker's 1,100-acre home, hit shelves in mid-May; it's the distiller's first Estate Whiskey. The certification, an endeavor of the University of Kentucky, means all production takes place on-site and at least two-thirds of the grains used are grown on distillery-controlled land nearby.
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Yahoo
2 hours ago
- Yahoo
Musk threatens Apple and calls OpenAI boss a liar as feud deepens
X owner Elon Musk has threatened Apple with legal action after claiming it had made it "impossible" for apps to compete with ChatGPT-maker OpenAI in its App Store. He called OpenAI boss Sam Altman a "liar" - after Altman claimed Musk used his platform to "benefit himself and his own companies". The row is the latest flashpoint in what is an ongoing feud between the billionaires who co-founded OpenAI - but now fiercely compete after Musk left the firm. Apple announced a partnership with ChatGPT in June 2024 - but there is no suggestion Apple favours one app over the other, and several rival AI apps such as DeepSeek and Perplexity have topped the App Store charts since then. The BBC has approached Apple for comment. In a later post Musk took aim at Apple again, asking the firm why it would not promote X - or its AI app Grok - in the "Must Have" section of the App Store. "X is the #1 news app in the world and Grok is #5 among all apps," he said in a post now pinned to his X profile. ChatGPT is currently the most downloaded free app in the UK, with Grok a close third. X does not make the top 40. This seemed to draw the attention of Altman, who linked to a report by tech newsletter Platformer which claimed Musk had made his own personal X posts more prominent in people's feeds. Bad blood The feud between Musk and Altman has, over time, encompassed a slew of lawsuits, email dumps and social media digs. Their rivalry can be traced back a decade, with Musk's now public belief that OpenAI, under Altman's leadership, abandoned the principles he and others used to found it in 2015. The firm was created with the intention of building artificial general intelligence (AGI) - AI that can perform any task that a human being is capable of - but by making its technology open-source and promising to "benefit humanity". What is AI and how does it work? OpenAI was also set up as a not-for-profit company, meaning it would not aim to make money, but in 2019 it established a for-profit arm which Musk felt was antithetical to its original mission. Musk argued in his March 2024 lawsuit that the firm had instead been focusing on "maximising profits" for its major investor Microsoft. And while he unexpectedly dropped his lawsuit last year, OpenAI then filed a counter-suit against him in April. It claimed the X owner had engaged "non-stop" in "bad-faith tactics" to try and slow down the company's AI development. OpenAI has also claimed Musk is not motivated by preserving the company's founding mission - but rather by his "own agenda". And the feud has not stopped at just words and legal action. In February, Musk made a shock move to try and buy the company for $100bn (£74bn) - a bid rejected by OpenAI's board. OpenAI beats Elon Musk's Grok in AI chess tournament Musk v Altman: What might really be behind failed bid for OpenAI Musk's Tesla applies to supply power to British homes Solve the daily Crossword
Business Insider
3 days ago
- Business Insider
Wall Street Is Cautious on CoreWeave (CRWV) Stock Ahead of Q2 Earnings
Artificial intelligence (AI)-powered cloud computing company CoreWeave (CRWV) is scheduled to announce its second-quarter results on August 12. Despite the pullback over the past month, CRWV stock has jumped 224% from its initial public offering (IPO) price of $40 due to the optimism about AI infrastructure companies. While CoreWeave delivered impressive revenue growth of 420% in Q1 2025, several analysts are cautious due to many reasons, including the stock's steep valuation, high debt levels, and significant dependence on its major customer, Microsoft (MSFT). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Moreover, the expiration of CRWV's IPO lockup is approaching in late September, following which insiders and early investors are allowed to sell the stock. Meanwhile, Wall Street expects a loss per share of $0.23 on revenue of $1.08 billion for the second quarter. Investors will pay attention to management's commentary on the demand backdrop and update on the Core Scientific (CORZ) acquisition, given that major CORZ shareholders are demanding better terms. Analysts Are Cautious on CRWV Stock While CoreWeave recently earned a rating upgrade to Buy from Citi analyst Tyler Radke, most analysts remain cautious on the stock. Heading into the Q2 results, Morgan Stanley analyst Keith Weiss increased the price target for CoreWeave stock to $91 from $58, while reiterating a Hold rating. The 5-star analyst noted the strong first-quarter results, which reflected solid execution and accelerating customer demand. However, Weiss cautioned that the upcoming lockup expiration could weigh on CRWV stock in the near term. Likewise, Goldman Sachs analyst Kash Rangan raised his price target for CoreWeave stock to $120 from $61 and reaffirmed a Hold rating. The 4-star analyst expects CoreWeave to report revenue growth of 173% for Q2 2025, compared to the consensus estimate of 174%, capital expenditure of $3.2 billion, and operating margin of 14% compared to the consensus forecast of 15%. Rangan noted that the infrastructure buildout is lasting longer than the market initially expected, with companies like Oracle (ORCL) and Microsoft continuing to invest aggressively. He also highlighted that CoreWeave continues to sign large customers and rapidly expand capacity. Despite these positives, Rangan cautioned that customer concentration risk remains significant, particularly after the signing of an additional $4 billion deal with ChatGPT-maker OpenAI. He also pointed out that depreciation continues to weigh down margins, and debt is expected to 'remain elevated for the foreseeable future.' Rangan awaits more evidence of revenue durability and a sustainable return on capex investments before turning positive on CRWV stock. What Is the Price Target for CoreWeave Stock? Overall, Wall Street is sidelined on CoreWeave stock, with a Hold consensus rating based on 13 Holds, six Buys, and two Sell recommendations. The average CRWV stock price target of $107.59 indicates about 17% downside risk.
Forbes
4 days ago
- Forbes
Why The Best Salespeople Think Like Strategists, Not Search Engines
B.D. Dalton II, Lazy Overachiever, deal-maker, author and podcast host of Grow Sell and Retire, Director at Rockfine Group. In an era where ChatGPT can answer questions in seconds, I believe the real competitive advantage has shifted from having all the answers to asking the questions your competitors can't or won't. Remember when the "always be closing" mantra from Glengary Glen Ross ruled the sales world? Well, those days are dead, buried under an avalanche of AI-generated insights and instant Google searches. Instead, welcome to the era of ABQ: Asking better questions. But this isn't another soft-skill sermon. This is about weaponizing curiosity to create competitive advantages that AI can't replicate and competitors can't copy. The Instant Answer Paradox Your prospects know more about your product, competitors and options than ever before. They've already read the case studies, compared pricing and stalked your LinkedIn profile. By the time they're talking to you, they're not looking for information—they're looking for transformation. Yet I find that most salespeople are still playing the old game, armed with feature lists and benefit statements, wondering why their "consultative selling" feels like interrogation. The problem? We're asking the wrong questions. The Three Questions That Change Everything After analyzing what separates lazy overachievers from hard-working underperformers, I've identified three question frameworks that I see consistently unlock opportunities others may miss: "If we could solve [specific challenge] , what would you do with all that time, energy and focus you're currently spending on this problem?" Past understanding pain points, it's about understanding potential. I find that most salespeople focus on the cost of the problem. But smart salespeople focus on the opportunity cost of not solving it. When a CEO tells me they'd "finally focus on strategic planning instead of putting out fires," I'm hearing their vision for growth and the transformation they're really buying. You can only save so much. Your job is to help find profit elsewhere. "If we could model your [process/approach] after any company from a completely different industry, who would it be and why?" This reveals their aspirational identity while bypassing industry tunnel vision. I once asked a struggling restaurant owner this question. His answer? "Amazon's fulfillment centers. They make complex logistics look effortless." That conversation led to implementing systems that transformed his operation. He wasn't buying software; he was buying his Amazon moment. "What's the one question your biggest competitor would love to know about your business?" This simultaneously reveals a leader's competitive advantages, strategic thinking depth and intelligence they're protecting. The follow-up then opens wallets: "How would strengthening this advantage change your market position?" The Real Job Description Your job isn't to sell products or services. Your job is to make your clients look smarter, better, faster and even freer. When you ask the energy redistribution question, you're showing them how to be faster by eliminating inefficiencies. When you explore their industry envy, you're helping them become better by adopting best practices from unexpected places. When you uncover their competitive intelligence, you're making them smarter about their own strategic advantages. And when you help them envision the transformation? You're offering them freedom—freedom from current limitations, freedom to pursue bigger opportunities, freedom to become the leader they aspire to be. Why ABQ Leverages What AI Still Can't Do Recent research from Apple reveals AI's persistent struggles with empathy, logic and rationalization. These are the exact skills that separate great salespeople from order-takers. Artificial intelligence can process information, but it can't process intention. It can analyze data, but it can't rationalize dreams with reality. It can provide answers, but it can't empathetically guide someone through the logic of transformation. This isn't about competing with AI; it's about leveraging the uniquely human capabilities that AI can help amplify. When you ask better questions, you're using empathy to understand unspoken needs to help prospects justify the transformation they already want. In my experience, the questions above work because they're not seeking information—they're seeking transformation. They're about finding out who your prospects want to become. A Guide To Implementation Here's some ways to implement ABQ by leveraging AI for research while reserving the human touch for transformation. Before the meeting: • Use AI (and other sources) to research their industry's transformation stories and pain points. • Identify and research their competitors to understand the competitive landscape. • Identify two to three companies from other industries facing similar challenges. • Let AI help you map potential energy redistribution scenarios based on their business model. During the conversation: • Lead with curiosity informed by intelligence, not information dumps. • Build off AI-gathered insights to ask deeper, more relevant questions. • Position yourself as the architect of their transformation, not the researcher of their industry. • Let your preparation show through question quality (again, not data regurgitation). After the meeting: • Reference their aspirational comparisons in your proposal. • Use AI to help craft compelling narratives around their transformation journey. • Frame your solution as their bridge to that evolution, supported by industry intelligence. The New Sales Reality In a world where information is abundant but transformation is rare, I believe the salespeople who will thrive are those who can help prospects envision and achieve their next level of evolution. Your competitors are still asking about budget, authority, need and timeline. While they're collecting data points, you'll be collecting transformation stories. Overall, it's time we recognize that our prospects don't need another vendor with answers. They need a partner with questions—the right questions that unlock possibilities they hadn't considered. The future of sales is about asking the questions that make your competitors' answers irrelevant. In an age of instant answers, the right questions are your ultimate competitive advantage. "What question would make your prospects forget about your competitors?" Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
