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☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, U.S. Steel, Micron, Disney, Citi & more
▼ + stars: | 2024-05-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Monday: Morgan Stanley initiates EHang Holdings as overweight Morgan Stanley said it's bullish on shares of the Asia autonomous aerial vehicle company. Morgan Stanley downgrades Victoria's Secret to underweight from equal weight Morgan Stanley said it sees "underappreciated downside" for the lingerie company. Citi downgrades Peloton to neutral from buy Citi said in its downgrade of the stock that it has "limited visibility." Morgan Stanley upgrades U.S. Steel to overweight from equal weight Morgan Stanley said in its upgrade of U.S. Steel that it likes the company's "transformational investments." Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's sticking with its overweight rating on Apple after analyzing the company's quarterly 10-Q report.

Persons: Morgan Stanley, it's, Baird, Morgan Stanley downgrades, Wells, Bausch, Lomb, Apple, Johnson, MLCO, Moffett, Melius, inferencing, JPMorgan Organizations: EHang Holdings, EH, Deutsche Bank, Disney, Deutsche, Micron, Citi, Comerica, CMA, Steel, U.S . Steel, Apple, Services, UBS, JCI, Barclays, Resorts, Nvidia, Broadcom, AMD, Microsoft, JPMorgan, Group, Bank of America, Santander Brasil, of America Locations: Asia, U.S

☆ Inside NBC's ingenious scheme to snatch NBA rights from Warner Bros. Discovery's TNT
▼ + stars: | 2024-04-30 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Discovery's TNT is dangerously close to being left out of the NBA's next TV deal after rival NBC made a massive offer, according to a recent report from The Wall Street Journal. A source familiar with the negotiations told Business Insider that a deal hasn't been finalized and offers are always changing. Still, it's not clear that paying an average of $2.5 billion a year for NBA rights will be profitable. AdvertisementJoe Bonner, a media analyst at Argus Research, has been under the assumption that WBD can and will retain NBA rights even though its cable-TV revenue is steadily shrinking.

Persons: —, hasn't, NBA hasn't, Craig Moffett, Peacock, Moffett, it's, Joe Bonner, Bonner Organizations: Service, Warner Bros, TNT, NBC, Wall Street Journal, Business, NBA, ESPN, Amazon, Puck, Comcast, Argus Research

☆ Here are Thursday's biggest analyst calls: Nvidia, Costco, Apple, Snowflake, Meta, Nike, Disney, Airbnb & more
▼ + stars: | 2024-04-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Goldman Sachs reiterates Alphabet as buy Goldman said it's sticking with its buy rating following the company's Google Cloud Next event. "We are initiating coverage of Airbnb (ABNB) with a BUY rating and a $190 per share price target." "Following a period of restriction, we are moving to an Overweight rating and a December 2024 price target of $140." "Given the increase in stock price, we believe valuation levels have disconnected from the fundamental outlook." Piper Sandler reiterates Meta as overweight Piper raised its price target on the stock to $600 per share from $525. "

Persons: Evercore, it's bullish, Goldman Sachs, Goldman, Berenberg, TD Cowen, Visa, Oppenheimer, it's, Snowflake, Raymond James, Simona Jankowski, Wells, Morgan Stanley, Moffett, We've, Marsh, Bernstein, Kenvue, underperform Bernstein, Johnson, Needham, Airbnb, CVX, TTE, Piper Sandler, Meta, Piper, Wells Fargo Organizations: JPMorgan, Apple, Mastercard, Barclays, Nasdaq, Nvidia, UBS, Gartner, IT, Deutsche Bank, ATI, Deutsche, Disney, Microsoft, TEAM, " Bank of America, Nike, of America, Citi, Robinhood, MMC, Qualcomm, Johnson, Consumer, Scotiabank, Hamilton Insurance, Costco, ~$ Locations: Albemarle, Chevron

☆ Why NBC is the wild-card NBA bidder to watch as the league negotiates a new TV deal
▼ + stars: | 2024-04-02 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Why NBC could be a perfect fit for the NBABarring a major upset, ESPN and WBD will continue to broadcast NBA games. The network used to broadcast NBA games nationally starting in 1954, and Comcast still shows games on its regional-sports networks in five markets. Comcast-subsidiary Sky Sports also aired NBA games in the United Kingdom for four years starting in 2019. Moffett, the media analyst and MoffettNathanson cofounder, told BI he sees NBC entering the bidding war for NBA media rights if only to assist its streamer. Unlike ESPN and TNT, NBC doesn't necessarily need NBA games.

Persons: it's, supercharge Peacock, Peacock, Craig Moffett, Nielsen, That's, Will, Moffett, Joseph Bonner, WBD's, Bonner Organizations: NBA, ESPN, Warner Bros, TNT, Business, Apple, Netflix, NBC, Comcast, WBD, Diamond Sports, NFL, Premier League, Sky Sports, Moffett, BI, Argus Research, Disney, Fox, Google Locations: United Kingdom

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Microsoft, Oracle, Arm, Rivian, Lyft & more
▼ + stars: | 2024-03-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Goldman Sachs reiterates Tesla and Rivian as neutral Goldman said further price cuts are needed for Tesla and Rivian. Morgan Stanley downgrades Sunnova to equal weight from overweight Morgan Stanley said in its downgrade of the solar company that it sees stock "dislocation." JPMorgan upgrades Sea Limited to overweight from neutral JPMorgan said the Singapore-based internet tech conglomerate is on an "upswing." JPMorgan initiates Amphastar as overweight JPMorgan said it's bullish on shares of the pharmaceutical company. JPMorgan initiates Metagenomi as overweight JPMorgan said it's bullish on shares of the biotech company.

Persons: Goldman Sachs, Tesla, Goldman, TD Cowen, Arm's, Ian Thornton, Morgan Stanley downgrades Sunnova, Morgan Stanley, Baird, DA Davidson, it's, Jefferies, BJ's, it's bullish, Oppenheimer, Wolfe, Rosenblatt, Moffett, Philip Morris, Guggenheim Organizations: Tesla, Nvidia, NVIDIA, Microsoft, JPMorgan, Jefferies, UBS, disinflation, Barclays, Oracle, Citi, Novo Nordisk, CMD, Costco, Adobe, Williams, Apple, Cable, . Cable, Argus, Guggenheim, Lyft Locations: Singapore, China, Sonoma

WAYCROSS, Ga. (AP) — Two young citizen-soldiers who became close friends after enlisting in the Army Reserve were remembered at funerals in southeast Georgia on Saturday, nearly three weeks after they died in a drone attack while deployed to the Middle East. Kennedy Sanders was held in the packed 1,200-seat auditorium of Ware County Middle School in Waycross. The soldiers were among three members of their Army Reserve unit who died Jan. 28 in a drone strike on a U.S. base in Jordan near the Syrian border. According to the Army Reserve, Moffett and Sanders both enlisted in 2019 as construction engineers who use bulldozers and other heavy equipment to clear roads and construction sites. She joined the Army Reserve after graduating from Windsor Forest High School, where she had been a drum major and JROTC cadet.

Persons: Kennedy Sanders, Sanders, Col, Jeffrey Dulgarian, “, ” Sanders, Mandy Lingenfelter, ” Lingenfelter, Jesus, Breonna Moffett, Moffett’s, Jan, William Jerome Rivers, Moffett's, Francine Moffett, Moffett, children's, Oneida Oliver Organizations: Army Reserve, Ware County Middle School, Atlanta Journal, Gators, 926th Engineer Battalion, 926th Engineer Brigade, Moffett, Palsy, Windsor Forest High School, Hamas Locations: Georgia, Ware, Waycross, Ware County, Savannah, U.S, Jordan, Syrian, Carrollton, Fort Moore, Iran, Israel, Syria

☆ Suddenly, there's real competition for broadband internet
▼ + stars: | 2024-02-14 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

AdvertisementThere are some people who really, really like Super Bowl ads. I’ve heard for years about the idea that wireless carriers would eventually take on the big broadband companies by selling “fixed wireless” broadband — broadband you can get via 5G airwaves using a box you put in your window instead of relying on cables buried in the ground. If I were, I would know that competition from fixed wireless has been keeping the broadband guys up at night for some time. The broadband guys are happy to tell you why they think their internet is better than the wireless internet the telco guys are selling. But for the moment, we know the cable guys — that is, the broadband guys — are no longer taking the fixed wireless guys for granted.

Persons: —, hadn’t, I’ve, Starry, Craig Moffett, MoffettNathanson, that’s, they’ve, Moffett Organizations: Service, Mobile, Super Bowl, Biden White House, Verizon, Comcast Locations: Boston

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Mattel, Amazon, Tesla, Charter, Cigna, Tapestry & more
▼ + stars: | 2024-02-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy Goldman raised its price target on the stock to $800 per share from $625. "So, since our price target is > $135, we must necessarily believe that Tesla's OTHER businesses will emerge to drive upside. JPMorgan downgrades Mattel to neutral from overweight JPMorgan said in its downgrade of Mattel that the Barbie boost was short-lived for the toy company. JPMorgan reiterates Amazon as overweight JPMorgan said it's standing by top idea Amazon. " JPMorgan reiterates PayPal as overweight JPMorgan said it's standing by PayPal heading into earnings later this week.

Persons: Goldman Sachs, Goldman, Cantor Fitzgerald, Cantor, it's, Piper Sandler, Tesla, Piper, Riley downgrades, Redburn, TD Cowen, Smith Douglas, it's bullish, JPMorgan downgrades, Barbie, Evercore, …, Moffett, Guggenheim, Davidson downgrades Clorox, cyberattack Organizations: Nvidia, Bank of America, Apple, Apple's, Vision, Tesla Energy, Cedar Fair, SIX, Citi, JPMorgan downgrades, JPMorgan, Broadband, Companies, Smith, Smith Douglas Homes, JPMorgan downgrades Mattel, Mattel, Guggenheim, Inc, DA, PayPal Locations: United States

☆ Biden’s balancing act with Iran aims for deterrence, not a wider war
▼ + stars: | 2024-02-03 | by ( Kevin Liptak | ) edition.cnn.com time to read: +8 min

“I think it is a real strong deterrence,” said Sen. Tammy Duckworth, an Illinois Democrat and Iraq War veteran. It was only about an hour after Biden departed Dover Air Force Base in Delaware that the first US strikes began in Iraq and Syria. Inside the Situation Room, Biden and his team assessed a set of options that each came with a certain degree of risk. And there are clear indications that Iran isn’t looking for a war with the United States — just as Washington insists it isn’t seeking a broader conflict. “There’s been no communications with Iran since the attack that killed our three soldiers in Jordan,” National Security Council spokesman John Kirby said Friday night.

Persons: Joe Biden’s, Biden, won’t, “, ”, Sen, Tammy Duckworth, ” Biden, Mark Esper, Donald Trump’s, ” Esper, he’d, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, United States —, —, haven’t, Biden’s, “ There’s, John Kirby, Beth Sanner, Qasem, ” Sanner Organizations: CNN, Islamic Revolutionary Guard Corps Quds Force, Illinois Democrat, Iraq, Biden, Dover Air Force Base, US Army Reserve Command, Spc, Breonna, United, White, ” National Security Locations: Iraq, Syria, Iran, Red, Illinois, Jordan, Delaware, United States, Gaza, South Carolina, Tehran, Yemen, Washington, Iranian

Attacks The map shows five of the seven sites that the U.S. hit with military strikes in Syria and Iraq. The strikes hit more than 85 targets at different locations using more than 125 precision-guided munitions, according to a statement by U.S. Central Command. Two American officials said the United States also conducted cyberoperations against Iranian targets on Friday but declined to provide details. It is clear from statements from the White House, and from Tehran, that neither the United States nor Iran wants a wider war. Striking sites in the Mideast with aircraft launched from the United States and refueled midair is a muscular show of global reach and capability, the official said.

Persons: Biden, Biden’s, Mr, “, ”, John F, Kirby, Douglas, Sims, Yahya Rasool, That’s, Iran’s, Jordan, Roger Wicker of, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, Moffett, Sanders, Sergeant Rivers Organizations: Iranian, Islamic Revolutionary Guards Corps Quds Force, U.S . Central Command, Islamic Revolutionary Guards Corps, ”, Jordan . Middle, Revolutionary Guards, National Security Council, White House, Central Command, White, Pentagon, Dyess Air Force Base, U.S, military’s Joint Staff, Air Force, Iraq’s Armed Forces, Iran’s Revolutionary Guards Corps, Revolutionary Guards Corps, Administration, Capitol, Biden, Republican, Armed Services Committee, Dover Air Force Base, Army Reserve Locations: United States, Syria, Iraq, East, Jordan, Iran, U.S, Jordan ., Tehran, Texas, Yemen, Israel, Gen, Roger Wicker of Mississippi, Delaware

☆ Analysis: What to make of the US retaliation strikes against pro-Iranian militias in Iraq and Syria
▼ + stars: | 2024-02-02 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +5 min

CNN —It was meant to sound devastating, and likely felt so to the pro-Iranian militias on the receiving end. The Biden administration faced a near-impossible task: Hit hard enough to show you mean it, but also ensure your opponent can absorb the blow without lashing out in return. Mistakes, or unanticipated successes, can lead to spirals, and that can lead to unavoidable, wider conflict. The Biden administration has elections looming, in which it does not need another costly foreign adventure, trouble over its Israel policy, or rising oil prices. There will likely follow criticism of the Biden administration for not using the same blunt and forceful approach of Trump in 2020.

Persons: Defense Lloyd Austin, Biden, Donald Trump, Qasem Soleimani, prima, Joe Biden, Defense Lloyd J, Austin III, William Rivers, Kennedy Sanders, Breonna Moffett, Joshua Roberts, Soleimani Organizations: CNN, US Central Command, US, Defense, Force, Hamas, Dover Air Force Base, UN, International Atomic Energy Agency, Trump Locations: Iraq, Syria, Israel, Gaza, Iran, United States, Moscow, Dover , Delaware, Tehran, Washington

The Bidens will attend a “dignified transfer” as the remains of the troops killed in the overnight assault Sunday return to U.S. soil. Defense Secretary Lloyd Austin will join the Bidens for the transfer in Dover, where such events take place when U.S. servicemembers are killed in action. Friday will be the second dignified transfer Biden attends as president. In August 2021, he took part in the ritual for the 13 servicemembers killed during the suicide bombing in Kabul. As vice president, Biden in 2016 attended a dignified transfer for two U.S. soldiers killed in a suicide blast at Bagram Airfield.

Persons: Joe Biden, Jill Biden, servicemembers, Lloyd Austin, William Jerome Rivers, Kennedy Sanders, Waycross, Breonna Moffett, Moffett, ” Biden, Biden, Rivers, Sanders, Jerome, Tara Copp Organizations: Dover Air Force Base, U.S, Defense, Sunday, Navy, Capitol, Army, Army Reserves, Army Reserve, Defense Department, Pentagon, Hezbollah, White, Press Locations: WILMINGTON, Del, Jordan, U.S, Dover, Georgia, William Jerome Rivers of Carrollton, Sgt, Savannah, Sanders, Iran, Israel, Yemen, Moffett, Rivers, Fort Moore, New Jersey, Iraq, Afghanistan, Kabul, airport’s, Syria

☆ Austin Says Iran Trains and Funds Militias Targeting U.S. Troops
▼ + stars: | 2024-02-01 | by ( Helene Cooper | More About Helene Cooper | ) www.nytimes.com time to read: +1 min

Defense Secretary Lloyd J. Austin III stopped short on Thursday of blaming Iran for attacks that killed three U.S. service members on Sunday in Jordan but said that Tehran trained and funded the militia groups that have targeted American troops and commercial shipping in the Middle East. Mr. Austin, in a rare show of bravado, continued the Biden administration’s promises of retribution. William Jerome Rivers, 46, of Carrollton, Ga.; Specialist Kennedy Ladon Sanders, 24, of Waycross, Ga.; and Specialist Breonna Alexsondria Moffett, 23, of Savannah, Ga. The Pentagon says that 40 American troops were injured. Biden administration officials say that the drone strike crossed a red line and that there is no way the president will not respond.

Persons: Lloyd J, Austin III, Austin, Biden, “, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett Organizations: ”, Pentagon Locations: Iran, Jordan, Tehran, United States, Carrollton , Ga, Waycross, Savannah, Ga

☆ White House formally assigns blame for drone strike in Jordan that killed 3 American service members
▼ + stars: | 2024-01-31 | by ( Kevin Liptak | Michael Williams | ) edition.cnn.com time to read: +2 min

Washington CNN —The US believes an umbrella group of militants called Islamic Resistance in Iraq was behind the drone attack in Jordan that killed three American service members, the White House said Wednesday, its first formal attribution for the incident. “We believe that the attack in Jordan was planned, resourced and facilitated by an umbrella group called the Islamic Resistance in Iraq, which contains multiple groups including Kata’ib Hezbollah,” National Security Council spokesman John Kirby said. He stopped short of assigning exact blame on Kata’ib Hezbollah, saying it was not the only group responsible for previous attacks on US bases. In addition to the three killed, more than 40 US troops were injured. Biden told reporters on Tuesday that he had decided how to respond to the strike, but remained vague on what exactly the response would be.

Persons: John Kirby, ”, servicemembers, William Rivers, Kennedy Sanders, Breonna Moffett, Sanders, Moffett, Biden, Kirby Organizations: Washington CNN, US, Hezbollah, ” National Security, Army Reserve, Dover Air Force Base Locations: Iraq, Jordan, Israel, Carrollton , Georgia, Waycross , Georgia, Savannah , Georgia, Germany

☆ Biden has to deal with a second war he didn’t want. His task is to contain it
▼ + stars: | 2024-01-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

— Hezbollah, a pro-Iranian group based in Lebanon, has been waging a low-grade war against Israel. — Iran has blamed Israel for an attack that killed a number of Revolutionary Guard officers in Damascus, Syria. Hawkish Republicans like South Carolina Sen. Lindsey Graham are demanding he attack Iran on Iranian soil. “The only answer to these attacks must be devastating military retaliation against Iran’s terrorist forces, both in Iran and across the Middle East. And on a purely strategic level, risking a major Middle East war that could cause massive US casualties to avenge the deaths of three soldiers, as terrible as their deaths are, would not represent a sound equation.

Persons: they're, Joe Biden —, Jordan Sunday –, Biden, haven’t, —, Israel, it’s, Antony Blinken, ” Aaron David Miller, CNN’s Jim Acosta, “, ”, William Rivers, Kennedy Sanders, Breonna Moffett, South Carolina Sen, Lindsey Graham, Nikki Haley, Biden’s, Donald Trump, Jim Himes, what’s, CNN’s Oren Liebermann, Natasha Bertrand, Katie Bo Lillis, Blinken, CNN’s Alex Marquardt, Joe Biden, Arkansas Sen, Tom Cotton, Haley, Qasem Soleimani, Trump, John Kirby, It’s Biden Organizations: Republicans, White House CNN, Jordan Sunday, Hezbollah, Israel, Israel Defense Forces, Britain, Islamic Revolutionary Guard Corps, Revolutionary Guard, ”, GOP, Rep, Intelligence, Islamic, United Nations, –, Iran Locations: Washington, Tehran, Iran, Israel, Gaza, Jordan, United States, Iraq, Yemen, Lebanon, —, Syria, Baghdad, Beirut, Lebanon –, Damascus, East, South Carolina, Connecticut, Hamas, Qatar, Egypt, Islamic Republic, Arkansas, There’s

☆ Youngest US Soldier Killed in Jordan Drone Attack Was 23
▼ + stars: | 2024-01-29 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - The U.S. military on Monday released the names of the three Army Reserve soldiers killed in Sunday's drone attack by Iran-backed militants in Jordan, with the youngest victim just 23 years old. The attack on Sunday also wounded more than 40 troops when the drone slammed into the housing units early in the morning. The United States is trying to determine exactly why the nearly 350 troops at the base in Jordan, known as Tower 22, were unable to stop the drone. Two officials, speaking on condition of anonymity, said a U.S. drone was approaching the base around the same time the attack drone was incoming. One of the officials said the attack drone was also flying low, factors that may have contributed to it being missed by base defenses.

Persons: William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, Jody Daniels, Daniels, Phil Stewart, Idrees Ali, Sandra Maler Organizations: WASHINGTON, U.S, Monday, Army Reserve, U.S . Army Reserve Command, Sunday Locations: Iran, Jordan, Carrollton , Georgia, Waycross , Georgia, Savannah , Georgia, Israel, United States, U.S

☆ A Drone Mix-Up Was Cited in the Deaths of 3 U.S. Troops
▼ + stars: | 2024-01-29 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

U.S. air defenses at a remote military outpost in Jordan failed to stop a deadly drone attack yesterday because it arrived at the same time that an American drone was returning to base, American officials said. Three U.S. service members died in the strike, the first known American military deaths in the conflict that has spilled over from the Israel-Hamas war. The returning American craft prompted confusion over whether the hostile drone — which U.S. officials said had the “footprints of Kataib Hezbollah,” an Iran-affiliated group in Iraq — was friendly, and air defenses were not immediately activated. The drone landed near the living quarters of Tower 22, an American resupply base in northeast Jordan near Syria and Iraq. President Biden, who has vowed to retaliate, could order strikes on Iran’s proxy forces, a major escalation of the attacks he has already conducted in Syria, Iraq and Yemen.

Persons: William Jerome Rivers, Kennedy Ladon Sanders, Alexsondria Moffett, ”, Iraq —, Biden Organizations: U.S, Pentagon, Hezbollah Locations: Jordan, American, Israel, Iran, Iraq, Syria, Yemen

☆ Defense Department Identifies 3 Soldiers Killed at Base in Jordan
▼ + stars: | 2024-01-29 | by ( Dave Philipps | ) www.nytimes.com time to read: +1 min

The Department of Defense on Monday identified three Army Reserve soldiers who were killed at a U.S. base in Jordan on Sunday in what the Biden administration said was a drone attack from an Iran-backed militia. The department said at least 34 other service members were wounded in the attack. William Jerome Rivers, 46, of Carrollton, Ga.; Specialist Kennedy Ladon Sanders, 24, of Waycross, Ga.; and Specialist Breonna Alexsondria Moffett, 23, of Savannah, Ga. “On behalf of the Army Reserve, I share in the sorrow felt by their friends, family and loved ones,” said the chief of the Army Reserve, Lt. Gen. Jody Daniels. “Their service and sacrifice will not be forgotten, and we are committed to supporting those left behind in the wake of this tragedy.”

Persons: Biden, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, ”, Jody Daniels, “ Organizations: of Defense, Reserve, 718th Engineer Company, Army Reserve Locations: U.S, Jordan, Iran, Carrollton , Ga, Waycross, Savannah, Ga, Fort Moore, —

☆ Pentagon says it is not seeking war with Iran after Jordan attack
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: +3 min

"We certainly don't seek a war and frankly we don't see Iran wanting to seek a war with the United States," Pentagon spokesperson Sabrina Singh told reporters. She added that the Pentagon believed Iran did not want a war either. Two officials said a U.S. drone was approaching the base around the same time the attack drone was incoming. One of the officials said the attack drone was also flying low, factors that may have contributed to it being missed by base defenses. "Iran continues to destabilize the region, this includes backing terrorists who attack our ships in the Red Sea," Stoltenberg said.

Persons: Jens Stoltenberg, Antony Blinken, Lloyd Austin, Joe Biden's, Austin, Biden, Sabrina Singh, John Kirby, Breonna Alexsondria, Stoltenberg Organizations: NATO, U.S, State Department, U.S . Defense, Monday, Sunday, Pentagon, House, Army Reserve, Austin Locations: Washington , U.S, U.S, Jordan, Iran, Israel, United States, Breonna Alexsondria Moffett, Iraq, Syria, Yemen, Red

CNN —The three US soldiers killed in the drone attack on a US military outpost in Jordan were identified Monday as Sgt. US Army Reserve Command, APSingh said more than 40 were injured in the attack, a number that could possibly continue to increase. The enemy drone also flew low, which may have allowed it to evade the base’s air defenses, officials said. A US official told CNN that there have been six attacks since Friday, including Sunday’s drone attack and a multi-rocket attack on Patrol Base Shaddadi in Syria on Monday morning. The consensus is that an Iran-backed militia group is behind the deadly drone attack, though the US is still working to determine which group specifically is responsible.

Persons: William Rivers, Kennedy Sanders, Breonna Moffett, Sabrina Singh, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, AP Singh, Singh, Syria —, John Kirby, CNN’s Phil Mattingly, White, “, ” Kirby, weren’t, ” Singh, ”, Jens Stoltenberg, Lloyd Austin, ” Austin Organizations: CNN, Defense Department, 718th Engineer Company, US Army Reserve, Pentagon, US Army Reserve Command, Spc, Breonna, AP, Baghdad Diplomatic Support, Regional Medical Center, US, Patrol Base Shaddadi, National Security, Kataib Hezbollah, Revolutionary Guard, Hezbollah, NATO Locations: Jordan, Carrollton , Georgia, Waycross , Georgia, Savannah , Georgia, Fort Moore , Georgia, Baghdad, Landstuhl, American, East, Syria, Iran, Iraq, Yemen, Israel, Gaza, Lebanon

☆ Cable companies are replacing ancient cable boxes with these tiny new gadgets
▼ + stars: | 2024-01-18 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

Cable companies are trying to catch up with the times, though, and now want you to replace your clunky set-top cable boxes with sleek, Apple TV-like streaming devices – gadgets that could save customers money. Xumo is one step in cable companies’ broader strategy to combine live TV with streaming – essentially rebundling streaming services like the old cable bundle. Moving from a cable box to Xumo will save cable customers money. It’s a shift for cable companies that long relied on trying to get households to add as many set-top cable boxes in their homes as possible. It could be a while before the ancient cable box completely disappears, however.

Persons: Max, ‘, Xumo, Bruce Leichtman, ” Craig Moffett, Jessica Fischer Organizations: New, New York CNN, Cable, Apple, Comcast, Netflix, Disney, CNN, Google, “ Cable, ” Locations: New York

☆ Nintendo is expected to launch the 'Switch 2' console this year. Here's what to expect
▼ + stars: | 2024-01-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Splatoon 3 proved to be a hit in Japan, helping keep momentum for Nintendo's ageing Switch console. Nintendo has sold 132.46 million units of the Switch, making it the company's second-most successful console after the handheld Nintendo DS. If the Switch remained popular in the holiday quarter then Nintendo could push a new console out to the Fall of this year, Goyal said. If Switch sales dropped in the December quarter, the new device could come as early as Spring or Summer, he added. Kantan Games' Toto said he expects the successor to be a "new device and not just an upgrade."

Persons: Philip Fong, Mario, Zelda, Serkan Toto, Piers Harding, Atul Goyal, Goyal, I'm, Nintendo's, Harding, Rolls, Toto, Moffett Nathanson, Will Organizations: Nintendo, AFP, Getty, CNBC, Kantan Games, Ampere, Jefferies, Mario Bros, Moffett Locations: Japan, Tokyo

☆ Paramount Global stock up double digits for second straight day
▼ + stars: | 2023-11-03 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +1 min

Tom Ryan, CEO and President of Paramount Streaming, speaks during the LG press conference ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 4, 2023. Paramount stock jumped about 11% Friday, a day after posting another double-digit gain, on pace for its best day since last November. The media giant released its third quarter earnings report after the closing bell Thursday, posting higher profit and revenue from a year earlier. Bernstein Research analysts noted that the trends in the third quarter were strong, and if the company keeps them up, Paramount can expect more earnings growth. Moffett Nathanson Research analysts echoed that sentiment while remaining cautiously optimistic.

Persons: Tom Ryan, Moffett Nathanson Organizations: Paramount, LG, Consumer Electronics, Wall Street, Bernstein Research, Moffett Nathanson Research Locations: Las Vegas , Nevada

Google confirmed on Thursday that the company ended its agreement with the development partner that was working on four key campus sites. Alphabet-owned Google is embarking on its most expansive cost cuts in its almost two decades on the public market. CNBC reported that, as part of Google's downsizing that went into effect early this year, the company gutted its development team for the San Jose campus. As recently as September, Google executives, including CFO Ruth Porat, appeared at a San Jose event that aimed to reaffirm the company's commitment to building in the city. San Jose Mayor Matt Mahan said in a statement to CNBC that the latest news "doesn't change Google's commitment to San Jose or their timeline."

Persons: Lendlease, we've, Ruth Porat, Matt Mahan, Mahan Organizations: Google, Lendlease, Downtown, San, Alexa, CNBC, San Jose Locations: Jose, Sunnyvale, Bayshore, Mountain View, San Francisco Bay, Bay, San Jose, San

☆ Google cofounder Sergey Brin's secretive 'air yachts' have been approved for flight
▼ + stars: | 2023-10-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Sergey Brin's airship company LTA Research recently received flight clearance for its vessel Pathfinder 1. Brin launched the company in 2016 and plans to use his airships to deliver humanitarian aid. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementGoogle cofounder Sergey Brin's secretive airship is ready to take flight. LTA Research, Brin's company that aims to deliver humanitarian aid through "lighter than air" blimp-like vehicles, announced this week that its Pathfinder 1 vessel received its airworthiness certificate.

Persons: Sergey Brin's, Brin, —, Sergey, Alan Weston, Weston —, — Weston, Ruben Sprich, It's Organizations: LTA Research, Pathfinder, Service, LTA, Moffett, NASA, Google, Goodyear, IEEE Spectrum, Financial Times, Boeing, Bloomberg, Weston, FAA Locations: airspaces, Bay, Palo, Akron , Ohio

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