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☆ Here are Wednesday's biggest analyst calls: Tesla, Amazon, Alphabet, Meta, UPS, Tyson, Disney, SoFi & more
  + stars: | 2024-04-03 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
"We are initiating coverage of SoFi Technologies (SOFI) with a BUY rating and a $10 price target." "Weighing Robinhood's Compelling New Product Roadmap Against a Now More Demanding Stock Price / Valuation." "As a result of higher revenue and Adjusted EBITDA estimates, we are raising our price target to $230 from $160 previously, and maintaining our MP rating." Wells Fargo reiterates Alphabet as equal weight Wells lowered its price target on Alphabet to $141 per share from $144. Guggenheim reiterates Disney as buy Guggenheim raised its price target on the stock to $140 per share from $125. "
Persons: Needham, SoFi, Baird, INFA, Piper Sandler, Piper, KBW, DA Davidson, ZETA, Goldman Sachs, Goldman, it's, Carlisle, Raymond James, Jones Lang LaSalle, Eaton Deutsche, Wells, it's bullish, Tyson, Guggenheim, Tesla, Riley, Gordon Haskett Organizations: SoFi Technologies, Ecolab Inc, Citi, Zeta Global, DA, Carlisle Companies, Deutsche Bank, Eaton, Fluence, Meta, PepsiCo, Argus, JPMorgan, UW, Tyson Foods Citi, UPS, Barclays, Amazon, Disney, Guggenheim, Deutsche, Holdings, Booking Holdings, Inc, Costco, Northland, WT Locations: Northland
☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Super Micro Computer, Disney, Netflix, Meta, Amazon & more
  + stars: | 2024-03-25 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
Wells Fargo reiterates Citi as overweight Wells Fargo raised its price target on Citi to $80 per share from $70." "We initiate coverage of Kinetik Holdings Inc. with an Outperform rating and $40 price target." "We are initiating coverage of Motorola Solutions (MSI) with an Outperform rating and $400 Target price." Citi reiterates Netflix as neutral Citi raised its price target on Netflix to $660 per share from $555. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its overweight rating on the stock.
Persons: BoB, Mizuho downgrades Tesla, Wells, Wells Fargo, Kinetik, it's bullish, Huya, Raymond James downgrades Dave, Raymond James, Dave, Buster's, Morgan Stanley, it's, Evercore, Sealy, Raymond James downgrades Scotts, Tesla, MASI Organizations: Bank of America, Nvidia, Mizuho, Citi, RBC, Kinetik Holdings, Northland, Astera, of America, " Bank of America, Meta, Argus, Barclays, Adobe, ISI, Motorola Solutions, Netflix, Mattress, JPMorgan, PT, Raymond James downgrades Scotts Miracle, Gro, Scotts Miracle, Strong, MASI, UBS, Apple, Arista Networks, Arista Locations: China
☆ The rally is over for Nasdaq stocks such as Netflix and AMD, according to Wall Street analysts
  + stars: | 2024-03-04 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +2 min
It may be downhill from here for some high-flying stocks in the Nasdaq. But for some stocks in the Nasdaq, their ascent may soon come to an end. One name on the list was streaming platform service Netflix , which is up 96% in the past year. The stock has rallied roughly 150% this past year, but could potentially fall 7%, according to average analyst estimates. Big-box retailer Costco also made the list, with analysts' price targets suggesting shares could slide 5%.
Persons: David Joyce, Raymond James, Gus Richard, —, John Melloy Organizations: Nasdaq, Federal Reserve, CNBC, Stock, Netflix, Seaport Research Partners, Devices, Northland Capital Markets, Costco Locations: Northland
☆ Watch CNBC’s full interview with Susquehanna’s Mehdi Hosseini and Northland Securities’ Nehal Chokshi
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Susquehanna’s Mehdi Hosseini and Northland Securities’ Nehal ChokshiMehdi Hosseini, Susquehanna senior equity research analyst, and Nehal Chokshi, managing director at Northland Securities, join 'Power Lunch' to debate the bear and bull case for Super Micro Computer.
Persons: Susquehanna’s Mehdi Hosseini, Chokshi Mehdi Hosseini, Nehal Chokshi Organizations: Northland Securities, Susquehanna, Micro Computer
☆ The bear and bull case for Super Micro Computer
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe bear and bull case for Super Micro ComputerMehdi Hosseini, Susquehanna senior equity research analyst, and Nehal Chokshi, managing director at Northland Securities, join 'Power Lunch' to debate the bear and bull case for Super Micro Computer.
Persons: Mehdi, Nehal Chokshi Organizations: Micro, Susquehanna, Northland Securities, Micro Computer
☆ Earnings playbook: Your guide to the busiest week of the reporting season
  + stars: | 2024-01-28 | by ( Fred Imbert | ) www.cnbc.com   time to read: +10 min
What history shows: GM beats earnings estimates 87% of the time, according to data from Bespoke Investment Group. Alphabet is set to report earnings after the close. What history shows: Alphabet averages a 1.45% gain after reporting earnings, Bespoke data shows. What history shows: Amazon exceeds earnings expectations 63% of the time, according to Bespoke. What history shows: Meta shares have risen in three of the last four earnings days, per Bespoke, including a 23.3% rally.
Persons: Bard chatbot, Gus Richard, David Palmer, Palmer, MSFT, Jordan Novet, bode, Leslie Josephs, Max, Alaska's, AAPL, AMZN, Mark Zuckerberg Organizations: Meta, Apple, ., Motors, CNBC, Tuesday, United Auto Workers, LSEG, Investment, AMD, Starbucks, Microsoft, Management, Wednesday Boeing, Alaska Airlines, FAA, Boeing, United Airlines, Web, Mizuho Securities, Nvidia Locations: Northland, China, Alaska
☆ Three Kansas City fans were found dead after watching the Chiefs. It’s still not clear what killed them
  + stars: | 2024-01-26 | by ( Thomas Lake | ) edition.cnn.com   time to read: +6 min
CNN —On January 7, a group of Kansas City Chiefs fans got together to watch the last game of the regular season. “I got a call at work telling me that my son had passed,” said Jennifer Marquez, mother of one of the men. “And that they found him frozen in the backyard.”Her son, David Harrington, 37, was found dead outside a friend’s home in the Kansas City Northland. “If there was something he could’ve done to help them, he would’ve done it.”But more than two weeks later, the mystery continues to puzzle the Kansas City community. Eventually, she called the Kansas City police.
Persons: “, ”, Jennifer Marquez, David Harrington, Ricky Johnson, Clayton McGeeney, ” John Picerno, Jon Harrington, fiancée, Marquez, Clayton, KCTV, ” Marquez, they’d, KMBC, Picerno, Let’s, she’d, Harrington, he’d, ” David Harrington, David Harrington’s, Joe Sutton, Melissa Alonso, Jennifer Feldman Organizations: CNN, Kansas City Chiefs, Kansas City Northland, Police, KMBC, Kansas City, KCTV CNN, CNN Weather, CNN Weather , Kansas City, The Kansas City Star, Frontier Forensics, Chiefs, Buffalo Bills Locations: Kansas, Kansas City, CNN Weather , Kansas, The
☆ AMD's stock surge in past year leads analyst to a 'heck if we know' rating
  + stars: | 2024-01-22 | by ( Kif Leswing | ) www.cnbc.com   time to read: +2 min
But elevated expectations for AI chip growth has led Northland Capital Markets analyst Gus Richard to admit that he's not sure where AMD shares should go from here. "We downgrade on valuation to 'a heck if we know' rating," Richard wrote in a note on Monday. Richard's call is based on his view that investor expectations for AI chip growth have spilled into "irrational exuberance." AMD shares fell about 3.5% to $168.17 as of Monday afternoon. Nvidia shares were up less than 1%.
Persons: Lisa Su, —, Gus Richard, he's, Richard, Jim Breyer Organizations: AMD, Nvidia, Microsoft, Meta, Northland Capital Locations: Las Vegas , Nevada, Northland, U.S, China
☆ Stocks making the biggest moves midday: Vita Coco, Archer-Daniels-Midland, Gilead Sciences and more
  + stars: | 2024-01-22 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +3 min
Archer-Daniels-Midland — The food processor's shares dropped more than 22%, making the stock poised for its second worst day in its history back to 1972. Archer-Daniels-Midland announced weak fourth-quarter earnings guidance and placed Chief Financial Officer Vikram Luthar on administrative leave amid an investigation into the company's accounting practices. StoneCo — Shares of the Brazilian payments company rose more than 6% following an upgrade to a buy rating from Goldman Sachs. The financial firm cited an attractive entry point and a constructive outlook on the next freight cycle as catalysts for the change. Vita Coco — The coconut water company tumbled more than 5% after William Blair downgraded shares to market perform from outperform.
Persons: Archer, Vikram Luthar, Goldman Sachs, Trodelvy, Bernstein, Hunt, Gus Richard, Coco, William Blair, — CNBC's Michelle Fox, Alexander Harring, Hakyung Kim, Tanaya Macheel, Pia Singh, Samantha Subin Organizations: Arkhouse Management, Brigade Capital Management, Daniels, Midland, SolarEdge Technologies, Riley, Bloomberg, U.S . Securities, Exchange Commission, Spirit Airlines, JetBlue Airways —, JetBlue, Gilead Sciences, . Union Pacific, Norfolk Southern, UBS, Northland Capital Markets Locations: Brazil, Norfolk, Suez
☆ Here are Monday's biggest analyst calls: Tesla, Nvidia, Apple, AMD, Home Depot, Western Digital & more
  + stars: | 2024-01-22 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
Northland downgrades Advanced Micro Devices to market perform from outperform Northland downgraded the stock mainly on valuation. " Bernstein reiterates Apple as market perform Bernstein said it expects "not great" Apple earnings on February 1. William Blair downgrades Vita Coco to market perform from outperform William Blair said it's concerned about higher costs for the beverage company. Raymond James downgrades Comerica to market perform from outperform Raymond James said the earnings outlook looks too challenging for Comerica. "We are downgrading CMA shares from Outperform to Market Perform and reducing our 2024 EPS estimate to reflect its initial 2024 outlook."
Persons: Bernstein, Hunt, KeyBanc, Key, it's, Morgan Stanley, Oppenheimer, Lowe's, Goldman Sachs downgrades Archer, Daniels, Goldman, Vikram Luthar, William Blair downgrades Vita Coco, William Blair, Wolfe, NiSource, Tesla, Goldman Sachs, Stone, Evercore, Raymond James downgrades, Raymond James Organizations: Bernstein, Pacific, Norfolk, Union Pacific, NSC, UBS, Devices, Northland, AMD, Western, Home Depot, Apple, HSBC downgrades Lululemon, Daniels Midland, ADM, TAM, Airlines, Barclays, Netflix, JPMorgan, Xerox JPMorgan, Raymond James downgrades Comerica, Comerica, CMA Locations: Norfolk Southern, Northland, Brazil
☆ Here are Thursday's biggest analyst calls: Meta, Apple, Microsoft, Live Nation, Adobe, Disney & more
  + stars: | 2023-10-26 | by ( Michael Bloom | ) www.cnbc.com   time to read: +5 min
Bank of America reiterates Meta as buy Bank of America said it's standing by its buy rating after Meta's earnings report on Wednesday. Goldman Sachs reiterates ServiceNow as buy Goldman said it's standing by its buy rating on the stock after Wednesday's robust earnings report. "We are upgrading Adobe to a BUY rating and adding it to D.A. Bank of America initiates Paycom as buy Bank of America said it's bullish on the "fast growth" payroll and human resources company. "We are initiating coverage of Paycom with a Buy rating and $330 PO, implying upside of 30%.
Persons: Evercore, Piper Sandler, Apple, Piper, Goldman Sachs, ServiceNow, Goldman, Davidson, DA, Davidson's, Key, Oppenheimer, Cantor Fitzgerald, Cantor, Silver Lake, it's bullish, Redburn, Jefferies Organizations: Bank of America, Meta, Mac, TAM, Adobe, HSBC, Microsoft, Bank of America downgrades, Networks, of America, NASDAQ, Citi, Endeavor, Disney, Body, Northland Locations: China, Northland, Nextracker
☆ Things can't get much worse for this solar stock, so buy it now, says Northland
  + stars: | 2023-10-13 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +1 min
SolarEdge is facing several challenges right now and that could mean a good opportunity for investors, according to Northland Capital Markets. The firm upgraded the Israeli solar stock on Friday to buy from hold and established a price target of $147, which implies about 18% upside from its closing price Thursday. " Solar demand is weak, Israel is at war, an inventory correction, a strong dollar is a headwind, and a competitor pre-announced. It is hard to imagine things could get much worse," Gus Richard, an analyst at Northland Capital Markets, said in a note Friday. SEDG YTD mountain Northland sees about 18% upside in SEDG from current levels.
Persons: Gus Richard, it's, Richard, SolarEdge, — CNBC's Michael Bloom Organizations: Northland Capital Markets, Energy, Northland Locations: Northland, Israel, Asia, North America
☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Dollar General, Amazon, Meta, SolarEdge & more
  + stars: | 2023-10-13 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
HSBC initiates American Express as buy HSBC said it sees healthy earnings growth for American Express . Mizuho reiterates Meta as buy Mizuho said it's standing by its buy rating heading into earnings later this month. Bernstein reiterates Tesla as underperform Bernstein concluded in an analysis of Tesla that the company is more of an automaker than a tech company. Barclays upgrades Varonis Systems to overweight from equal weight Barclays said it sees numerous positive catalysts ahead for the software company. Northland upgrades SolarEdge to outperform from market perform Northland said investors should buy the dip in shares of SolarEdge .
Persons: Cowen, NVDA, Mizuho, Stephens, Bernstein, Tesla, underperform Bernstein, Warren Buffett, Hershey, Morgan Stanley downgrades JD.com, Morgan Stanley, Gordon Haskett, Todd Vasos, Jeff Owen, Read, Wolfe, today's, Baird, Needham, Oppenheimer, Wells, LULU, Meghan Frank, Howard Tubin Organizations: HSBC, American, American Express, Bank of America, Nvidia, Meta, Barclays, Varonis, Hershey, JPMorgan, Post Holdings, Netflix, Citi, Oshkosh, Lam Research, Materials, Supply, VP Locations: 4Q22, Northland, SolarEdge, Israel, California
☆ Here are Monday's biggest analyst calls: Arm, Carvana, Disney, Apple, Tesla, Skechers, Netflix & more
  + stars: | 2023-09-18 | by ( Michael Bloom | ) www.cnbc.com   time to read: +10 min
Piper Sandler upgrades Skechers to overweight from neutral Piper said in its upgrade of the stock that it likes its balance sheet. Goldman Sachs reiterates Tesla as neutral Goldman cut its estimates on the stock and says it sees pricing heading lower. Mizuho upgrades DoorDash to buy from neutral Mizuho said in its upgrade of DoorDash that it's deserving of a re-rating. Wedbush upgrades Carvana to neutral from underperform Wedbush said in its upgrade of the stock that it sees profitability upside. Raymond James initiates Disney as outperform Raymond James said in its initiation of Disney that the stock is compelling.
Persons: TD Cowen, TENB, Piper Sandler, Piper, Goldman Sachs, Tesla, Goldman, Wells, Wedbush, Evercore, Raymond James, Ralph Lauren, Guggenheim, Morgan Stanley, Atkins, Bernstein, ASGN, underperform Bernstein, it's, YoY Organizations: Tenable Holdings, TAM, Tesla, Apple, Netflix, Northland, Mizuho, HSBC, Deutsche Bank, Micron, Deutsche, Barclays, Alliant Energy, EV, UBS, BioMarin Pharmaceutical, Iridium, NASDAQ, Disney, Bank of America, of America, Nvidia, Nike, NKE's 1Q, PayPal, Moffett Locations: Europe, Wisconsin, Iowa, US, Swedish, 2Q23
☆ Passive House designs could cut your energy bill in half
  + stars: | 2023-07-27 | by ( Catherine Boudreau | ) www.businessinsider.com   time to read: +4 min
One way is through designing buildings and residences using Passive House standards, a green building-certification program focused on energy efficiency. Developers are interested in how Passive House buildings can help save energy, emit fewer greenhouse gasses, and deliver lower utility bills. A Passive House is more akin to a thermos," Ken Levenson, the executive director of the Passive House Network, a nonprofit that educates the real-estate and construction industry on the standards, said. Passive House standards don't require that electricity come from renewable-energy sources, but they do encourage it, Levenson said. He said there weren't any major cost increases due to designing to Passive House standards.
Persons: Ken Levenson, Levenson, Kent Gonzales Organizations: Service, Passive House Network, Residents Locations: New York, Massachusetts, Europe, Newton , Massachusetts, Northland, New York City, Boston
☆ Stocks making the biggest moves premarket: AT&T, Microsoft, JPMorgan, Citi and more
  + stars: | 2023-07-14 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
The company reported an adjusted $4.37 per share and $42.4 billion in revenue, while analysts polled by Refinitiv estimated $4 a share and $38.96 billion. Wells reported an adjusted $1.25 per share and $20.53 billion in revenue, while analysts polled by Refinitiv forecasted $1.16 per share and $20.12 billion. Citi -- Citi stock added nearly 2% in premarket trading after beating on earnings. Analysts polled by Refinitiv forecasted $1.30 per share and $19.29 billion. The company reported an adjusted $6.14 per share and $92.9 billion in revenue while analysts polled by Refinitiv forecasted $5.99 and $91 billion.
Persons: JPMorgan Chase, Wells Fargo, Wells, Sarah Min Organizations: JPMorgan, Refinitiv, Citi, BlackRock, Northland Capital Markets, Microsoft, UBS, UnitedHealth, Alcoa Locations: New York, U.S, New York's
☆ Here are Friday's biggest analyst calls: Apple, Nvidia, AT&T, Tesla, Disney, Amazon, Microsoft & more
  + stars: | 2023-07-14 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
JPMorgan downgrades AT & T to neutral from overweight JPMorgan downgraded the telecommunications due to "slowing growth drivers." Wells Fargo downgrades Progressive to equal weight from overweight Wells said it has concerns about the insurance company gaining share. UBS upgrades Microsoft to buy from neutral UBS said in its upgrade of the stock that shares are too attractive to ignore. Bank of America reiterates Amazon as buy Bank of America said it's standing by its buy rating after the company's Prime Day. JPMorgan reiterates Apple as overweight JPMorgan said recent checks show that Apple has "strong market share" in a variety of markets.
Persons: LOE, Wells, it's, Tesla, Morgan Stanley, Goldman Sachs, Goldman, Raymond James, Robert Iger, Mills, Argus Organizations: HSBC, Pfizer, ADC, JPMorgan downgrades, Verizon, Mobile, Consumer, JPMorgan, Alcoa, UBS, Microsoft, Citi, Applied Materials Citi, Bank of America, Texas Roadhouse Citi, Texas, Barclays, Apple, Sands, Macau, Northland, Nvidia, Pulte, KB, Disney, CNBC, DIS, Argus, TNT, Tidewater Locations: Wells Fargo, China, Northland
☆ New Zealand student missing in cave system as heavy rain hits North Island
  + stars: | 2023-05-09 | by ( Tara Subramaniam | ) edition.cnn.com   time to read: +2 min
CNN —New Zealand police will resume their search at first light Wednesday for a high school student missing in a flooded cave system after a school trip during heavy rain on the country’s North Island. An initial search failed to find the boy and officials suspended the search around 5 p.m. Tuesday when night fell. The school said it would open as normal on Wednesday to “maintain a sense of routine” for students and staff. An orange alert for heavy rainfall, level 2 of 3, remains in effect for the city, the Great Barrier Island and Coromandel Peninsula until midnight local time. And the month before, the city and its surrounding areas were hit by record rainfall that sparked deadly floods.
☆ New Zealand's North Island hit by heavy rain, student missing in caves
  + stars: | 2023-05-09 | by ( Lucy Craymer | ) www.reuters.com   time to read: +2 min
WELLINGTON, May 9 (Reuters) - A high school student is missing in Northland, New Zealand after getting into difficulty on a school trip to caves on Tuesday, according to police, as heavy rain and thunderstorms cause flash flooding and landslides across the upper North Island. Local newspaper the Northern Advocate said the student was missing inside one of the caves, which is described as having a canyon-like feel. Police rescue teams are in the area, which has been hit by heavy rain this morning with further rain expected this afternoon. "Auckland is experiencing widespread flooding and torrential rain. Heavy rain and thunderstorms are forecast to drench the region into the evening and potentially through to midnight.
☆ TSX rises to three-week but caution remains on rate outlook
  + stars: | 2023-03-29 | by ( Fergal Smith | ) www.reuters.com   time to read: +2 min
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended up 180.12 points, or 0.9%, at 19,837.65, its fourth straight day of gains and its highest closing level since March 9. "Discretion is the better part of valor," said Joseph Abramson, co-chief investment officer at Northland Wealth Management, quoting the well-known proverb. Information technology rose 1.5% as bond yields steadied, while both energy and heavily weighted financials advanced 1%. Dollarama Inc (DOL.TO) shares added 2.5% as the company reported a surge in same-store sales. The utilities sector, which includes some renewable energy companies, was up 1.1%.
☆ Energy stocks push TSX higher, Dollarama climbs
  + stars: | 2023-03-29 | by ( Johann M Cherian | ) www.reuters.com   time to read: +2 min
SummarySummary Companies Enbridge gains on rating upgradeDollarama climbs on quarterly sales beatTSX up 0.8%March 29 (Reuters) - Canada's main stock index extended gains on Wednesday, helped by energy stocks, while discount store chain Dollarama advanced after posting quarterly revenue above estimates. Dollarama Inc (DOL.TO) rose 1.2% and hit a two-month high after the discount store chain also reported a surge in same-store sales. The consumer discretionary sector index (.GSPTTCD), housing the stock, added 0.9%. Archibald added that renewable names like Northland Power (NPI.TO) and Ballard Power Systems (BLDP.TO) would stand to benefit from the credits provided to encourage more investment in green technology. Northland Power (NPI.TO) was down 0.2%, while Ballard Power Systems (BLDP.TO) surged 2.6%.
☆ TSX slides as investors brace for more Fed rate hikes
  + stars: | 2023-03-07 | by ( Fergal Smith | ) www.reuters.com   time to read: +2 min
"We are seeing a pullback in risk assets as people start to discount the Fed keeping rates higher for longer," said Joseph Abramson, co-chief investment officer at Northland Wealth Management. The TSX has a 30% weighting in commodity-linked shares. The energy sector fell nearly 2% on Tuesday as oil settled 3.6% lower at $77.58 a barrel, while materials, which includes precious and base metals miners and fertilizer companies, was down 2.9%. Thomson Reuters Corp (TRI.TO) shares were a bright spot, rising 1.2%. Reporting by Fergal Smith; Additional reporting by Johann M Cherian in Bengaluru; Editing by Anil D'Silva and Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
☆ Thirteen still missing after Cyclone Gabrielle in New Zealand
  + stars: | 2023-02-24 | by ( ) www.reuters.com   time to read: +2 min
Homes in the Esk Valley locality had "been unoccupied since the cyclone, but an additional 26 households evacuated yesterday", the agency said. New Zealand weather forecaster MetService said some of the heaviest rain was recorded in Auckland, with 155mm (6.1 inches) recorded there in the past 24 hours. The forecaster had a heavy rain warning in place on Saturday for large swaths of the North Island's east coast, including Hawke's Bay. "Heavy rain may cause streams and rivers to rise rapidly. It said it was also "closely monitoring" a tropical low near Fiji that could turn into a tropical cyclone next week.
☆ Why it's so hard to build new electrical transmission lines in the U.S.
  + stars: | 2023-02-21 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +14 min
Building new transmission lines in the U.S. takes so long — if they are built at all — that electrical transmission has become a roadblock for deploying clean energy. Energy companies that build new transmission lines need to get a return on their investment, explains James McCalley, an electrical engineering professor at Iowa State University. "Someone that benefits more frequent transmission line will pay more than someone who benefits less from a transmission line." transmission lines, energy grid, clean energyGreat River Energy and Minnesota Power are in the early stages of building a 150-mile, 345 kilovolt transmission line from northern to central Minnesota. Engaging with all members of the respective community is a necessary part of any successful transmission line build out, Patel and Johnson both say.
☆ New Zealand cancels flights as deluge from cyclone looms
  + stars: | 2023-02-12 | by ( ) www.cnbc.com   time to read: +2 min
New Zealand Prime Minister Chris Hipkins (C) and Deputy Prime Minister Carmel Sepuloni (L) are briefed at Waka Kotahi Auckland Transport operations room ahead of Cyclone Gabrielle's arrival on February 12, 2023 in Auckland, New Zealand. New Zealand's national carrier canceled dozens of flights Sunday as Aucklanders braced for a deluge from Cyclone Gabrielle, two weeks after a record-breaking storm swamped the nation's largest city and killed four people. Air New Zealand said it was canceling all domestic flights to and from Auckland through midday Tuesday as well as many international flights. The carrier said some international routes would continue operating, although flights might need to be diverted from Auckland. "Please do take this seriously, we do expect severe weather is on the way," New Zealand Prime Minister Chris Hipkins told reporters.
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