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☆ Elon Musk's SpaceX was the satellite villain of the skies. It's taking a 'money hit' to try and fix the problem.
▼ + stars: | 2024-02-07 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Read previewNEW ORLEANS — When SpaceX launched its first Starlink satellites, astronomers all over the world freaked out and the company quickly became a villain of the skies. Nonetheless, Starlink satellites — now more than 5,000 strong — are streaking across astronomers' views of the cosmos, ruining their data. SpaceX leads the way for changeA satellite trail streaks in front of galaxies in this image from the Hubble Space Telescope. The visors were a regular feature for many Starlink satellites until SpaceX added laser communications. AdvertisementChris Hofer, international team lead for Amazon's Project Kuiper internet satellites, told the astronomers in New Orleans that SpaceX's Starlink tinkering has been helpful.

Persons: —, James Lowenthal, Lowenthal, SpaceX isn't, Jonathan McDowell, McDowell, that's, Patricia Cooper, Elon Musk, Slaven Vlasic, They're, Chris Hofer, Hofer, Kristina Barkume, Barkume Organizations: Service, SpaceX, New York Times, Business, Times, Hubble, Telescope, NASA, ESA, American Astronomical Society, International Astronomical Union, CPS, Planet Labs, Amazon Locations: New Orleans

☆ AMD stock jumps more than 8% on strong 2024 AI chip projections
▼ + stars: | 2023-11-01 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

AMD stock spiked more than 8% Wednesday, a day after the company beat top and bottom-line earnings estimates and gave a promising 2024 forecast for its AI chip business. The chipmaker posted an earnings per share of 70 cents, adjusted, narrowly beating the LSEG, formerly Refinitiv, estimate of 68 cents per share. Wall Street analysts like AMD's prospects in the AI market, which is currently dominated by Nvidia . Still, AMD is one of only a handful of companies capable of making high-powered graphics processing units (GPUs) that power AI models. Analysts at Raymond James lowered their price target from $145 to $125 but kept AMD as a "strong buy" largely due to its AI business.

Persons: Lisa Su, Raymond James, Jeffries, CNBC's Kif Leswing, Michael Bloom Organizations: Devices Inc, AMD, Revenue, Wall Street, Nvidia, Bank of America Locations: San Francisco , California, U.S, Q4E, CY24E, 1Q24

Citi upgraded a Brazilian mining giant to start the week. Meanwhile, Raymond James lowered its rating on a networking stock. Bernstein also reiterated a ride-sharing name as its top idea for the long haul.

Persons: Raymond James, Bernstein Organizations: Citi

☆ Past irrelevant for Irish in NZ quarter-final, says Farrell
▼ + stars: | 2023-10-11 | by ( Nick Mulvenney | Thomson Reuters | Leads Coverage Of Sport Across The Asia-Pacific. Still Reports On The Full Panoply Of Sport. Many Olympics World Cups World Championships Grand Slams Grands Prix | ) www.reuters.com time to read: +3 min

"What's happened in the past is irrelevant, we're just trying to get better every week and so are they." "I don't think we're carrying much baggage, it's a one-off game and we've got to prepare for it." Farrell was able to name an unchanged starting team for the game with Mack Hansen and James Lowe both passed fit to play. Farrell said Ryan would probably be available for the semi-finals if Ireland managed to get past New Zealand. "That's what we're preparing for, the toughest game we've ever faced, and that we're going to be ready for it."

Persons: Andy Farrell, Farrell, we're, Johnny Sexton, we've, Mack Hansen, James Lowe, Hansen, Lowe, James Ryan, Joe McCarthy, Jimmy O'Brien, Stuart McCloskey, Ryan, you've, We've, they've, Sexton, flyhalf, Hugo Keenan, Garry Ringrose, Bundee Aki, Jamison Gibson, Doris, Josh van, Peter O'Mahony, Iain Henderson, Tadhg Beirne, Tadhg Furlong, Dan Sheehan, Andrew Porter, Ronan Kelleher, David Kilcoyne, Finlay Bealham, Jack Conan, Conor Murray, Jack Crowley, Jimmy O’Brien, Nick Mulvenney, Christian Radnedge Organizations: Ireland, New Zealand, Scotland, Stade de France, & Irish Lions, All Blacks, Blacks, Lions, Thomson Locations: New Zealand, Ireland

☆ Ireland come out on top of bruising clash with South Africa
▼ + stars: | 2023-09-23 | by ( Julien Pretot | ) www.reuters.com time to read: +4 min

PARIS, Sept 23 (Reuters) - Top-ranked Ireland claimed a 13-8 statement victory over defending champions South Africa in a high-octane heavyweight World Cup clash that lived up to the hype at a sweltering Stade de France on Saturday. Scotland and Tonga, who both lost their opening game in Pool B, face each other in Nice on Sunday. South Africa captain Siya Kolisi hailed his team's performance despite the loss. South Africa came into the contest with a 7-1 split between forwards and backs on the bench and Ireland boldly looked to keep the ball in play as much as possible, going for the corner instead of kicking early penalties. South Africa got onto the scoreboard first in a brutal start with a Libbok penalty as huge tackles and collisions drew oohs and aahs from the 78,542 crowd.

Persons: Andy Farrell's, Mack Hansen, Johnny Sexton, Jack Crowley, Cheslin Kolbe, Manie, Klerk, Farrell, Siya Kolisi, Hugo Keenan ghosted, Sexton, Robbie Henshaw, Hansen, James Lowe, Kolbe darted, Libbok, Crawley, flyhalf Handre Pollard, Julien Pretot, Ken Ferris Organizations: Ireland, South, Stade de France, Springboks, Scotland, Wales, New Zealand, Thomson Locations: South Africa, Tonga, Nice, Africa, Ireland, France

☆ Analysis: Why public health officials are not panicked about bird flu
▼ + stars: | 2023-02-23 | by ( Julie Steenhuysen | ) www.reuters.com time to read: +5 min

They say the attributes that have made this virus thrive in wild birds likely make it less infectious to people. Although the exact changes required for a bird flu virus to become easily transmissible in people are not known, a pair of landmark studies done a decade ago offer some clues. Mink have both avian and human-type receptors, but avian receptors are scarce in humans and located deep in the lungs. That change is a must if a bird flu virus is to spread easily in people. None of the experts discounted the possibility that H5N1 or another avian flu virus could mutate and spark a pandemic, and many believe the world has not seen its last flu pandemic.

☆ Big Tech falters on dreary earnings and forecasts for Q4— Meta has worst week ever, Amazon tumbles 13%
▼ + stars: | 2022-10-28 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Other than Apple , it was a brutal earnings week for Big Tech. Alphabet , Amazon , Meta and Microsoft combined lost over $350 billion in market cap after offering concerning commentary for the third quarter and the remainder of the year. Between slowing revenue growth — or declines in Meta's case — and efforts to control costs, the tech giants have found themselves in an unfamiliar position after unbridled growth in the past decade. In Amazon's ad business, revenue growth accelerated to 30% from 21%, topping analysts' estimates. Analyst Aaron Kessler at Raymond James lowered his price target on Amazon stock to $130 from $164 after the results.

☆ What Cramer is watching Wednesday — more hot inflation, PepsiCo strong, drug stocks mixed
▼ + stars: | 2022-10-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Raymond James lowers price target on Club holding Procter & Gamble (PG) to $155 per share from $175; keeps outperform (buy) rating). Stanley Black & Decker (SWK) downgraded to equal weight from overweight (hold from buy) at Morgan Stanley. Piper Sandler cuts Yeti (YETI) price target to $48 per share from $76 but keeps overweight (buy) rating. Deutsche Bank lowers price targets on all asset gatherers: BlackRock (BLK), Blackstone (BX) and KKR (KKR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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