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CNBC Power Lunch February 26, 2014

It involves panty hose, all sorts of things, including even secret elevators. We will talk about that. Plus a physical attack on the wealthy. One affluent town in california has been hit hard. Speaking of wealth, the wealthiest neighborhood in the u. S. Not by zip code or by county. We will go street by street. Tyler is out today. Simon is at the nyse and we will get downtown in just a second. First, that big news on housing. Diana olick is in the house and she has been talking to the biggest name in the business, ivy zelman. The noted analyst famous for calling the top and bottom of the latest housing cycle, last spring she said here on cnbc that we were in housing nirvana. By fall she revised her outlooks down. Today she explained why. I think nirvana took a pause, during that time house prices home prices were surging and we had very attractive affordability and a few months after i was on, we had rates spike about 100 plus basis points and we saw a pause. The consumer was rationall ....

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'As fundamental as the discovery of fire': Stanford students and professors react to AI, Altman visit

Following OpenAI CEO Sam Altman’s talk at NVIDIA Auditorium on Wednesday, where he addressed over 1000 students as part of the Entrepreneurial Thought Leaders' Seminar, Stanford Technology Ventures Program faculty shared their thoughts on the excitement surrounding AI and its potential impact on society. ....

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