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Meme stocks are in the spotlight this week. These so-called meme stocks, which gained popularity through social media platforms like Reddit and X (formerly known as Twitter), have attracted retail investors looking to make a quick profit. Future of meme stocks One analyst, who has previously been bearish on GameStop and tech stocks, said that while fundamentals for the stock have improved, GameStop is still in the "danger zone." 'Danger zone' stocks Here are some other stocks Trainer says is in his "danger zone" list, which also includes his "zombie stocks." He cited its "continuing deterioration" of its fundamentals, including its "unsustainable" expenses and steady cash burn.
Persons: David, Trainer, DoorDash's, Yun Li Organizations: GameStop, AMC, CNBC Pro, AMC Entertainment Holdings, Tilray
There were no women flying, there were no female airline pilots. A historic moment, kept secretRippelmeyer and Captain Emilie Jones before a flight with Air Illinois, where they became the first all-female crew of a scheduled flight in the United States. So that’s what we did.”It was December 30, 1977, and that was the first scheduled flight in the United States with an all-female crew – but it was kept a secret. At least, “since nobody died,” Lippenmeyer says, the two were no longer intentionally kept apart and flew together many more times. “My first 747 flight was to London and then my last 787 flight was to London,” she says.
Persons: CNN — Lynn Rippelmeyer’s, , , Rippelmeyer, Bonnie Tiburzi, Emily Warner, Frontier –, Emilie Jones, Lynn Rippelmeyer Rippelmeyer’s, — Emilie, ” Rippelmeyer, ” Lippenmeyer, Lynn Rippelmeyer, Ozark Air Lines —, Carl Hirschberg, we’d, that’s, doesn’t, ” “, I’m, furloughed, wasn’t, didn’t, ” – Organizations: CNN, TWA, Boeing, Piper, American Airlines, Frontier, Air Illinois, Air, Airlines, Ozark Air Lines, World Airlines, TWA –, People Express, People, London Gatwick, Continental, Central America, United Airlines, Continental Airlines, Aviation Locations: Mississippi, Vermont, United States, Miami, Air Illinois, Air, JFK, , Newark, London, Polynesia, California, Texas, Houston, Tegucigalpa, Honduras, Central
The best fashion at Cannes Film Festival so far
  + stars: | 2024-05-16 | by ( Leah Dolan | ) edition.cnn.com   time to read: +2 min
Gisela Schober/German Select/Getty ImagesGreta Gerwig in Armani Privé, May 15. Gisela Schober/German Select/Getty ImagesAnya Taylor-Joy in Dior couture, May 15. Gisela Schober/German Select/Getty ImagesSabrina Dhowre Elba in Fendi couture, May 15. Lionel Hahn/Getty ImagesJuilette Binoche in Dior couture, May 14. Gisela Schober/German Select/Getty ImagesMeryl Streep in Dior couture, May 14.
Persons: “ Barbie, Greta Gerwig, Lily Gladstone, James Bond, Eva Green, Juan Antonion Bayon, Ebru Ceylan, Francis Ford Coppola’s, , , Adam Driver, Aubrey, Mad Max, Anya Taylor, Lanthimos, Emma Stone, Hunter Schafer, Joe Alwyn, Margaret Qualley, Keke Palmer, We’ve, Taylor, Joy, Naomi Campbell, Pascal Le Segretain, Chanel, Gisela Schober, Armani Privé, Sabrina Dhowre Elba, Ernesto Ruscio, Cindy Bruna, Samir Hussein, Vicky Krieps, Lionel Hahn, Meryl Streep, Dior, Mike Marsland, Neilson Barnard Organizations: CNN, haute, Getty Locations: Spanish, Turkish, France, Armani, couture, Fendi couture, Laruicci, Bottega Veneta, Dior couture, Gucci, Maison Margiela
Showcasing Authentically American Style
  + stars: | 2024-05-16 | by ( Simbarashe Cha | ) www.nytimes.com   time to read: 1 min
Share full articleFor four days in early May, Indigenous fashion designers, models and artisans from across North America came to Santa Fe, N.M., for Native Fashion Week.The event, new this year, included runway shows, panel discussions, pop-up shops and, of course, parties. It was put on by the Southwestern Association for Indian Arts, the longtime organizer of the Indian Market, a popular showcase of Indigenous-made goods in Santa Fe.The style outside and inside the city’s Community Convention Center, where much of Native Fashion Week took place, reflected the diversity of its participants — a group with a growing presence in the American fashion industry.
Organizations: Southwestern Association for Indian Arts, Convention Locations: North America, Santa Fe, Santa Fe.The, city’s
Piper Sandler reiterates Nvidia as overweight Piper said it's sticking with its overweight rating heading into earnings next week. JPMorgan reiterates Netflix as overweight JPMorgan said it's sticking with its overweight rating following Netflix's upfront advertising presentation. Our price target moves to $340, reflecting channel commentary and recent multiple appreciation." JMP reiterates Robinhood as market outperform JMP said it's sticking with its market outperform on the stock trading company. "We are upgrading Wayfair Inc. to BUY from HOLD, with a price target of $83."
Persons: Piper Sandler, Piper, NVDA, Blackwell, Wolfe, underperform Wolfe, Houghton, it's, Truist, JMP, Goldman Sachs, Goldman, Dell, DELL, Wells, Jack, Tesla, Raymond James, Wolfe Alpha, SharkNinja, Argus Organizations: Citi, Nvidia, JPMorgan, Netflix, Intel, Energy, Networks, FedEx, UBS, Texas, RBC, Holdings, Devices, Alpha, AMD, " Bank of America, Bank of America, of America, Wayfair Inc Locations: 2H25, Asia, China
CNN —The House has passed a major federal aviation bill that aims to improve aviation safety, enhance protections for passengers and airline workers and invest in airport and air travel infrastructure nationwide. The bill renewing the Federal Aviation Administration’s authority for five years will next head to President Joe Biden to be signed into law. Setting a standard for travel creditsUnder the bill, travel credits issued by airlines in lieu of refunds would have to be useable for at least five years. Increasing cockpit voice recordingCommercial aircraft would have to carry 25-hour cockpit voice recorders under the legislation. The cockpit voice recorder is one of the two black boxes and is currently only required to capture two hours of sound from the cockpit.
Persons: Joe Biden, John F, Republican Sen, Josh Hawley of, Democratic Sen, Elizabeth Warren of Organizations: CNN, Federal Aviation, FAA, National Transportation Safety, Reagan National Airport, American Airlines, Delta Air Lines, Department of Transportation, Republican, Democratic, Transportation, Administration, NTSB Locations: Washington, Kennedy, New York City, Josh Hawley of Missouri, Elizabeth Warren of Massachusetts
AP Photo/Evgeniy Maloletka, FileThe war has shown how effective air defenses can be at denying air superiority, protecting key areas, and threatening high-value aircraft, as well as the costs when capabilities are degraded. Ukraine's air defenses, like its Soviet-era S-300s and US-supplied Patriots, have defeated enemy missile and drone strikes, hindered Russian air operations, and shot down numerous fighter-bombers and other Russian planes. "Ukraine and NATO might reduce risks with a two-prong strategy of strengthening air defenses and boosting infrastructure resilience." Needing more interceptors for the PacificFrom the fights this year, the US can see how it'll need to employ air defenses in a potential showdown with China. Running out of air defenses before the enemy runs out of air threats spells trouble.
Persons: , Bradley Martin, Evgeniy, Volodymyr Zelenskyy, Firefighters, Archer Macy, Martin, Shaan Shaikh, We've, Amir Cohen TPX, Shaikh, it's, Andy Wong, Thomas Shugart, Shugart, Joshua Smoot, Heath Collins, Navy Carlos Del Toro, Macy, Mark Wright Organizations: Service, Business, US Navy, Ukraine, AP, Patriots, Institute for, Emergency, Ministry, RAND Corporation, NATO, Western, Central Command, Combat, Navy, RAND, Patriot, US, Missile Defense, Center for Strategic, International Studies, REUTERS, China, Pentagon, Defense, Center, New, Air Force, 37th Expeditionary Bomb Squadron, Andersen Air Force Base, US Air Force, Aegis, Missile Defense Agency, Former Navy, CSIS, Pacific Missile, AP Air Locations: China, Ukraine, Israel, Navy, Russia, Congress, Avdiivka, Kharkiv, Russian, Kyiv, NATO, Yemen, Gulf of Aden, Iran, Red, Screengrab, French, Ashdod, South Korea, Japan, Guam, Beijing, New American, Gen, Kauai, Hawaii
German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.
Persons: , Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American
Wells Fargo reiterates Nvidia as overweight Wells increased its price target on Nvidia to $1,150 per share from $970. Jefferies upgrades Boston Beer to buy from hold Jefferies said in its upgrade of the beverage company that it sees "multiple expansion." Bank of America reiterates Apple as buy Bank of America said it's sticking with its buy rating on shares of Apple. JPMorgan upgrades Planet Fitness to overweight from neutral JPMorgan said in its has increased confidence in Planet Fitness' growth. JPMorgan upgrades Vtex to overweight from neutral JPMorgan said it sees an attractive entry point for the software-as-a-service company.
Persons: Tesla, Goldman Sachs, Goldman, it's, Wells, ests, Jefferies, Beer, Roth, Morgan Stanley, GXO's, Baird, Oppenheimer, Edwards Organizations: Barclays, Oncology, Fulcrum Therapeutics, ISI, Nvidia, Jefferies, Boston Beer, GXO Logistics, Bank of America, Apple, HSBC, Citi, Weatherford, Energy, JPMorgan, LT, Fortrea Holdings, Edison International, RBC, North, Deutsche Bank, Amazon, Deutsche, Western Digital, Seagate Locations: China, North America
John Cleese is a Miu Miu man
  + stars: | 2024-05-14 | by ( Leah Dolan | ) edition.cnn.com   time to read: +3 min
CNN —A black crewneck, mid-wash jeans, white blazer and a distressed denim Miu Miu cap. Or is the senior a dedicated Miu Miu man? John Cleese's denim Miu Miu cap retails for $550. Originally billed as the spry, sometimes juvenile sibling to grown-up Prada, Miu Miu has not so much rebranded as redefined its vision of youth. Kristen Scott Thomas walked the runway for Miu Miu in September.
Persons: Miu, Sydney Sweeney, Emma Chamberlain — it’s, octogenarian John Cleese, Cleese —, Monty Python, , , Miu Miu, Cleese, Camilla Cleese, Robin Williams, Jean Paul, Gaultier, Issey Miyake, Alexander McQueen, John, Prada, spry, , , Miuccia Prada, Kristen Scott Thomas, Emma Chamberlain, Ayo Edebiri, Emma Corrin, Qiu Huilan —, Chris Evans, Michael Palin, Terry Gilliam, , Evans Organizations: CNN, Paris Fashion, Virgin Radio Locations: British, Paris
The X-62 Variable In-Flight Simulator Test Aircraft (VISTA) flies upside down in the skies over Edwards Air Force Base. Related storiesIn other words, the Air Force Secretary currently places the branch's F-16-piloting AI as roughly comparable in dogfighting skill to some of the nation's most experienced and capable aviators. The X-62 VISTA flies in the skies above Edwards Air Force Base. US Air Force photo by Richard GonzalesKendall rode in the front seat of the Air Force's heavily modified X-62 VISTA — a Block 30 F-16D that has previously incorporated technology, including multi-axis thrust-vector control, not found on any of the Air Force's operational Vipers. Secretary of the Air Force Frank Kendall, aboard the X-62 VISTA, takes off from the runway at Edwards Air Force Base.
Persons: Frank Kendall, Kendall, Kyle Brasier, Richard Gonzales Kendall, Air Force Frank Kendall, Madeline Guadarrama, we're Organizations: Service, Air Force, Air, Business, Aircraft, Edwards Air Force Base, US Air Force, Air Force's, School, VISTA, Delta Force, Ministry of Ungentlemanly Locations: Washington ,
Members of gang Kraze Baryé in Port-au-Prince, Haiti, in April 2024. Stopping the flow of guns to Haiti would likely have an immediate impact on the bloodshed, according to police and human rights experts. “We have to cut the gangs’ weapons supply lines. Vitel'homme Innocent walks with armed members of Kraze Baryé in Port-au-Prince, Haiti, in April 2024. CNNAn ‘iron river’ from the United StatesThe guns Haiti’s gangs wield are a mix of stolen and smuggled, and the United States is by far the main source of the latter, according to UN experts.
Persons: Prince, Prince CNN —, they’ve, don’t, , Pierre Esperance, William O’Neill, Ariel Henry, ” Sylvie Bertrand, Innocent, Vitel'homme Innocent, Kraze, UNODC, Joly Germine –, Mawozo –, Mariani, Izo, Andre Johnson, ” Esperance, Bertrand Organizations: Prince CNN, , CNN, Human Rights Defense Network, Kenyan, UN, Rights, Drugs, United, US, of Alcohol, Tobacco, Firearms, Explosives, Miami, ATF, Haitian National Police, Customs, Cap Haitien . Drugs, Episcopal, ” CNN, Homeland Security Investigations, US Department of Homeland Security, US Department of Commerce’s, Export Enforcement, National Police, Haiti’s, Customs Administration Locations: Port, Dominican Republic, Bahamas, Caicos, British, Florida, Haiti, Prince, Caribbean, , Israel, Turkey, Czech Republic, Brazil, United States, Latin America, Texas , Louisiana, Georgia, Gonave ., South America, Jamaica, Haiti’s, Cap Haitien, Haitian, Esperance
CNN —Two passengers and a pilot emerged unscathed from a small plane after it was forced to land without landing gear following a mechanical failure at Newcastle Airport in Australia’s New South Wales. The plane, a Beach B-200 Super King, circled the airport for hours burning fuel before making a “textbook” wheels-up emergency landing, CNN affiliate Nine News reported. Footage shows the plane approaching the runway without its landing gear activated before touching down and skidding along the tarmac until coming to a stop. “It was a great result, really well done by the pilot,” Humphrey reportedly said. “I could hear him on the air, he sounded very calm to me.”The plane had been circling the airport for several hours in order to burn fuel.
Persons: Wayne Humphrey, ” Humphrey, , Humphrey Organizations: CNN, Newcastle Airport, Nine, NSW police, Port Macquarie Locations: Australia’s New South Wales, Newcastle, Port, Sydney
Goldman Sachs said this week that there are plenty of cheap tech stocks to buy coming out of earnings. The information technology sector has reported a year-over-year earnings growth rate of 23.2%, according to John Butters, senior earnings analyst at FactSet. CNBC Pro combed through Goldman Sachs' research to find the most underappreciated buy-rated tech stocks. "Second, ANET has growing confidence in its AI position and its > $750 mn AI revenue target for 2025," he added. Second, ANET has growing confidence in its AI position and its > $750 mn AI revenue target for 2025.
Persons: Goldman Sachs, John Butters, Goldman, Noah Poponak, Poponak, Kash Rangan, Rangan, Michael Ng, Arista's, Ng, ANET Organizations: FactSet, CNBC, Microsoft, Teledyne Technologies, Arista Networks, Arista, TAM, Cloud Titans, Cloud Locations: 2H24
Officials are urging those who have been rescued from the floods not to return to their homes. Carlos Fabal/AFP/Getty ImagesA horse was found stranded on a rooftop in a flooded area in Brazil's Rio Grande do Sul on Wednesday, May 8. It had been stuck on the roof for four days surrounded by flood water in the municipality of Canoas in the Brazilian state Rio Grande do Sul. Agencia Brasil, the sate-run news agency, has reported the rescue of more than 2,000 animals since the floods impacted Rio Grande du Sol, including dogs, cats, chickens, and pigs. Cars are surrounded by flooded streets after heavy rain in Canoas, in Rio Grande do Sul state, on May 9, 2024.
Persons: INMET, Katiane Mello, James Vargas, Carlos Fabal, , Luiz Inácio Lula da Silva, El Niño, Carlos Macedo, Adriano Machado Organizations: CNN, Getty, Globo, Agencia Brasil, AP Brazilian Air Force Soldiers, Brasilia Air Force Base, Reuters Locations: Brazil, Rio Grande do Sul, Uruguay, Porto Alegre, Eldorado do Sul, AFP, Brazil's Rio Grande do Sul, Paulo’s, Canoas, Rio Grande, Sol, Pacific, Reuters Rio Grande do Sul
Read previewUS bases and aircraft in the Pacific are facing intense threat from Chinese missiles, and the Pentagon isn't doing enough to counter that challenge, according to American lawmakers. In a Wednesday letter to Air Force Secretary Frank Kendall and Navy Secretary Carlos Del Toro, 13 members of Congress pointed out glaring vulnerabilities in the Pacific region and demanded "immediate changes." A U.S. Air Force Rockwell B-1B Lancer (L) and a Boeing KC-135 Stratotanker (R) sit on the tarmac at Andersen Air Force base on August 17, 2017, in Yigo, Guam. Justin Sullivan/Getty ImagesIn the letter, lawmakers note that many of the US bases in the Pacific remain unhardened, leaving aircraft and assets vulnerable to missile strikes. Notably, none of the US shelters were in Guam — home to Andersen Air Force Base which routinely hosts American bombers.
Persons: , Frank Kendall, Carlos Del Toro, John Moolenaar, Justin Sullivan, Tom Shugart, Timothy A, Walton, Andy Wong Organizations: Service, Pentagon, Air Force, Business, Department of Defense, Chinese Communist Party Rep, Commonwealth of, Pacific ., U.S . Air Force Rockwell, Boeing KC, Andersen Air Force, US, Center, New, New American Security, Hudson Institute, Andersen Air Force Base, American, People's Liberation Army Rocket Force, Lawmakers, Rocket Force, China's Locations: Pacific, China, Okinawa, Guam, Commonwealth, Northern Mariana, U.S, Yigo, New American, Shugart, Tiananmen, Beijing
At least 10 people, including the pilot, were injured when a Boeing passenger plane overran the runway while aborting takeoff from Senegal’s international airport in the outskirts of Dakar on Thursday, the country’s transport minister said. Emergency services were deployed to evacuate the passengers, and those who were injured were receiving medical care, Mr. Ndiaye said. Footage from social media and published by The Associated Press showed passengers going down emergency slides in the dark as one side of the aircraft was in flames. “Our plane just caught fire,” wrote Cheick Siriman Sissoko, a musical artist from Mali, in a post on Facebook, The A.P. He could not be reached by telephone later on Thursday.
Persons: Blaise, Malick Ndiaye, Ndiaye, , Siriman Organizations: Boeing, Air, Transair, Blaise Diagne, The Associated Press, Facebook Locations: Dakar, Air Senegal, Bamako, Mali
A general view of a FedEx Airlines Boeing 767 BA.N cargo plane, that landed at Istanbul Airport on Wednesday without deploying its front landing gear but managed to stay on the runway and avoid casualties, on a runway in Istanbul, Turkey, May 8, 2024. An investigation is underway after a FedEx Airlines Boeing 767 cargo plane was forced to make an emergency landing without its front landing gear at Istanbul Airport, after the aircraft's nose gear failed to deploy. The plane managed to stay on the runway, and there were no casualties, according to Turkey's Ministry of Transport. The ministry said that the cargo jet, flying from Paris' Charles de Gaulle Airport, alerted the Istanbul Airport control tower that its landing gear was not opening and was able to land with guidance from the tower, according to reporting from Reuters. The ministry also said that its teams were carrying out examinations at the scene, while the U.S. National Transport Safety Board (NTSB) announced it will send its own investigators to Istanbul.
Persons: Charles de Gaulle Organizations: FedEx Airlines Boeing, Istanbul Airport, Turkey's Ministry of Transport, Reuters, U.S . National Transport Safety Board Locations: Istanbul, Turkey, Paris, U.S
Plane skids off runway in Senegal, injuring at least 10
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: +1 min
Boeing 737 of Transair en route to Bamako skids off runway at Dakar International Airport in Senegal on May 09, 2024. A plane with dozens of passengers skidded off a runway before takeoff at Senegal's main airport on Thursday, injuring at least 10 people and bringing the facility temporarily to a halt, the airport and Senegalese transport ministry said. Night-time videos shared on social media showed passengers running away from a plane whose left wing appeared to be on fire. The airport said 78 passengers were on board and 11 people were wounded in the accident, including four serious injuries. The transport ministry said the plane was carrying 79 passengers and reported 10 people were wounded, including one of the plane's two pilots.
Persons: Blaise Diagne Organizations: Boeing, International, Air Senegal Locations: Bamako, Senegal, Mali
The US paused a shipment of bombs to Israel last week amid rising concerns over a Rafah assault. Israeli soldiers work on armored military vehicles at a staging ground near the Israeli-Gaza border, in southern Israel on May 8, 2024. That would be a more difficult fight for the Israeli military, Byman said. A view shows Israeli F-16 fighter jets on a runway in an airbase in southern Israel on March 4, 2024. It is not necessarily an unprecedented move, as past US administrations have also threatened to withhold military support from Israel.
Persons: Joe Biden, , Israel, Biden, Benjamin Netanyahu's, Daniel Byman, Byman, Israel's, CNN's Erin Burnett, We're, Raphael Cohen, Cohen, Hatem Khaled, John Kirby, Mohammed Salem, Netanyahu Organizations: US, Service, AP, State Department, Attack Munitions, Transnational, Center for Strategic, International Studies, Hezbollah, REUTERS, RAND Corporation, AIR FORCE, US Army Reserve, White House National Security Council Locations: Israel, Washington, Gaza, Rafah, I'm, Egypt
John Leguizamo revealed that he turned down Stanley Tucci's part in "The Devil Wears Prada." AdvertisementJohn Leguizamo said that he declined what turned out to be an iconic role for Stanley Tucci — lovable art director Nigel Kipling in "The Devil Wears Prada." 'The Devil Wears Prada,' the Stanley Tucci part," Leguizamo responded. 20th Century Studios"The Devil Wears Prada" wasn't the only role that Leguizamo said he regretted turning down. "I felt dissed, and they probably weren't dissing me, but I felt dissed," Leguizamo said.
Persons: John Leguizamo, Stanley, Wears, Leguizamo, Smith, , Stanley Tucci, Nigel Kipling, Tucci, Anne Hathaway's, Andy, Miranda Priestly, Meryl Streep, Anna Wintour, Vince Vaughn's, Brad Pitt, Angelina Jolie, Robin Williams, Williams, Sid Organizations: Service, Studios
Overview of the Guaiba River in Porto Alegre, Brazil, captured on April 21, before the area was flooded, and May 7, during floods. Maxar Technologies Overview of the Guaiba River in Porto Alegre, Brazil, captured on May 7, amid flooding. Maxar Technologies Porto Alegre's Salgado Filho International Airport is pictured under flood water on May 7. Maxar Technologies Porto Alegre's Salgado Filho International Airport is seen before flooding, left, and with its runways submerged under flood waters, right. Maxar Technologies The Gremio Arena in Porto Alegre, Brazil, is seen flooded on May 7.
Persons: Cai Rivers, Salgado, Alegre's Salgado, El Niño, Neymar Jr, Luiz Inácio Lula da Silva Organizations: CNN, Technologies, Maxar Technologies, Porto, Maxar, Gremio Arena, Arena, Gremio, Brazilian Football Confederation Locations: Brazil, Rio Grande do Sul, Porto Alegre, Pacific
A British Airways flight had to be evacuated when a bomb threat was emailed to Bermuda Airport. AdvertisementA bomb threat moments before takeoff saw nearly 200 British Airways passengers evacuated onto the tarmac at an airport on the Atlantic island of Bermuda. "Speedbird 18B cancel takeoff clearance, cancel takeoff clearance," the controller said. "We have received some information regarding a bomb threat." This story is available exclusively to Business Insider subscribers.
Persons: Organizations: British Airways, Bermuda Airport, Service, British, Boeing, Business Locations: Bermuda, London
A recession by early next year could send stocks down 30%, says BCA strategist Roukaya Ibrahim. AdvertisementThere are two factors signaling a recession by year-end or early 2025, and a downturn could spark a 30% correction in stocks, according to BCA strategist Roukaya Ibrahim. "But eventually, the unemployment rate is going to take higher and that's going to lead to concerns about a recession." Ibrahim isn't alone in calling a recession and a steep plunge in the stock market. Wall Street veteran Gary Shilling, known for predicting the mid-2000s mortgage bubble, is also forecasting a 30% stock market crash by the end of this year, with a recession likely to crush speculative bets that have piled up in recent years.
Persons: Roukaya Ibrahim, Gary Shilling, , Ibrahim, Ibrahim isn't Organizations: Wall Street, Service, Bloomberg Locations: Friday's, China, Europe
In February, OpenAI introduced a text-to-video model called Sora to "understand and simulate the physical world in motion." Sora was touted for generating videos up to a minute long from text, and its proof-of-concept videos stunned the internet with their image quality. AdvertisementThe tool hasn't officially been released to the public, but workers in creative fields have already begun experimenting with it. AdvertisementOthers say Sora isn't always consistent, which can bring about new creative opportunities. Indie artist Washed Out's new music video, "The Hardest Part," is the longest video made with Sora, according to the Los Angeles Times.
Persons: , OpenAI, Sora, Tyler Perry, Charlotte Bunyan, Bunyan, Sora isn't, Paul Trillo, AlhsVTO78B — Paul Trillo, Trillo Organizations: Service, Business, Hollywood, Brand, Financial Times, Financial, Los Angeles Times, Times Locations: Hollywood, Sora, Pika
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