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CNN —NASA has launched the first of two research satellites to measure how much heat is lost to space from the Arctic and Antarctica. ET) aboard a Rocket Lab Electron rocket from Rocket Lab’s launch complex in Mahia, New Zealand. Technicians integrate PREFIRE inside the Rocket Lab Electron rocket payload fairing on Wednesday at the company’s facility in New Zealand. Weather and ocean currents move that heat energy toward the poles, where the heat radiates upward into space. The launch date for the second satellite will be announced shortly after the launch of the first satellite, NASA said.
Persons: they’re Organizations: CNN, NASA, Energy Locations: Antarctica, Mahia , New Zealand, New Zealand
The analysts project that over $100 billion will be channeled toward such "potential investments propel[ling] AI and spur[ring] power demand growth in Asia." Here are three of Morgan Stanley's overweight-rated stock picks with more than 35% upside potential over the next 12 months. Morgan Stanley has a target price of 7.20 Singapore dollars ($5.35) on the Singapore Exchange -listed shares, giving them 36.9% potential upside. GDS Holdings Another Morgan Stanley favorite is Chinese data center developer and operator GDS Holdings . Morgan Stanley has a target price of $13.30 on the Nasdaq-listed stock, which translates to 40% potential upside.
Persons: Morgan Stanley, Morgan Stanley's, Tenaga Nasional Morgan Stanley, — CNBC's Michael Bloom Organizations: Tenaga Nasional, Tenaga, Microsoft, Amazon Web Services, U.S, Global X FTSE, Asia, Malaysian, Industries, Sembcorp, Morgan, Singapore, Sembcorp Industries, GDS, GDS Holdings, ASEAN, Nasdaq Locations: Asia, U.S, Malaysian, Tenaga Nasional, Bursa Malaysia, Malaysia, Singapore, Cambria, China, Japan, Hong Kong, Indonesia
Now, after the lab team’s decade of close collaboration with scientists at Google, that data has turned into the most detailed map of a human brain sample ever created. The result is an interactive 3D model of the brain tissue, and the largest dataset ever made at this resolution of a human brain structure. And of course, it would reveal many more problems, things we hadn’t expected.”What about mapping an entire human brain? “Much of what we think we understand about the human brain is extrapolated from animals, but research like this is critical for revealing what truly makes us human. “Each human brain is a vast network of billions of nerve cells,” said Sporns, distinguished professor of psychological and brain sciences at Indiana University.
Persons: Jeff Lichtman —, Harvard University —, , Lichtman, Harvard University That’s, Viren Jain, ” Jain, Jain, there’s, we’re, , ” Lichtman, haven’t, Michael Bienkowski, ” Bienkowski, Andreas Tolias, Berger, Olaf Sporns, Sporns Organizations: CNN, Harvard University, Google, Google Research, Lichtman, Harvard, Cisco, University of Southern California’s Keck School of Medicine, , Stanford University in, Indiana University Locations: Stanford University in California
Both rappers released diss tracks that took blistering personal shots on Friday night. "He doesn't have the heart for the lying, disrespect, and animosity it requires to make an effective diss track," Pierre wrote. Later in the track, Drake references Cole's diss track and apology. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. "6:16 in LA" also parodies Drake's song titles, which often feature location names and timestamps.
Persons: Kendrick Lamar, Drake's, Drake, , Lamar's fiancée Whitney Alford, Lamar, Aubrey Drake Graham —, Lamar dissed Drake, J, Cole, Rick Ross, Cole —, Taylor, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, Prince, Mike Jack, Prince . Prince, , rics, Organizations: Metro Boomin, Service, Future, Metro, HBO, Drake, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, LA, Florida
Kendrick Lamar responded to Drake with a new diss track, "Euphoria," as their beef rages on. AdvertisementKendrick Lamar has taken aim at Drake for a second time with his new diss track, "Euphoria," amid the hip-hop heavyweights' feud. Advertisement"He doesn't have the heart for the lying, disrespect, and animosity it requires to make an effective diss track," Pierre wrote. A 'Drake' diss track appears online – but fans are wary it's AI-generated. Later in the track, Drake references Cole's diss track and apology.
Persons: Kendrick Lamar, Drake, Lamar, Taylor, , Lamar dissed Drake, J, Cole, Rick Ross, Cole —, he's, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, Prince, Mike Jack, Prince . Prince, Organizations: Metro Boomin, Service, Future, Metro, HBO, Wireless, Lamar, Big, Rocky, Rap Locations: Lamar, Canadian, Florida
The Harvard professor's research is bankrolled by tech tycoons "pissed off" at academia's dogma. But this boundary-pushing is exactly why he's backed Loeb's research. AdvertisementDesch, the astrophysicist from Arizona University, posted a critique of Loeb's work on arXiv alleging "multiple fatal flaws with the manuscript's arguments." Asked whether he no longer believes in a possible technological origin for the meteor, Loeb said they need to investigate further. As he plans more extravagant expeditions to prove the origin of the interstellar meteor, Loeb likens his critics to crows pecking at the neck of an eagle.
Persons: Avi Loeb, Loeb, , Steven Desch, they're, Loeb's, they've, Charles Hoskinson, that's, Anibal Martel, Mark Zuckerberg, Stephen Hawking, Lucas Jackson, Oumuamua, Desch, It's, Meech, Hoskinson, Rather, Lane Turner, James Webb, Bill Diamond, Stenzel, AARO, UAPs, Loeb hasn't, Joe Rogan's, Eugene Jhong, Galileo, ", Frank Laukien, Laukien, Charles Alcock, Seth Shostak, Stephen Wolfram, Richard Branson's, Vera, Rubin, Avi Loeb Loeb, what's, Rob McCallum, Mariana Trench, James Cameron, Avi Loeb Hoskinson, spherules, Harvard's Stein Jacobsen, Loeb didn't, Monica Grady, Patricio Gallardo, it's, Diamond, That's Avi, Adam Glanzman Organizations: Harvard, Service, Arizona State University, Netflix, Galileo, Anadolu Agency, Reuters, University of Hawaii, Boston Globe, James Webb Telescope, NASA, SETI Institute, Pew Research Center, Department of Defense, UAP Department of Defense, Jhong, Bruker Corporation, Smithsonian's, for Astrophysics, MIT, Wolfram Research, Harvard University, Survey, US Space Command, Hoskinson, UK's Open University, University of Chicago, Arizona University, U.S . Government, The Washington, Getty, Loeb, Astronomy, Astrophysics Locations: Lexington , Massachusetts, United States, Getty, Loeb's, New York, Cambridge, Massachussetts, UAPs, Colorado, Chile, Papua New Guinea, 2401.09882, IM1
CNN —When NASA’s Europa Clipper aims to launch on its highly anticipated mission to an icy moon in October, the spacecraft will carry a unique design etched with names, poetry and artwork symbolizing humanity. This latest mission is headed to Jupiter’s moon Europa, one of several lunar ocean worlds considered to be the best places to search for life beyond Earth. NASA/JPL-CaltechA planetary legacyEarly NASA probes such as Pioneer 10 and Voyager have continued to inspire the artwork that travels aboard other planetary science missions. “The content and design of Europa Clipper’s vault plate are swimming with meaning,” said Lori Glaze, director of NASA’s Planetary Science Division, in a statement. “We’ve packed a lot of thought and inspiration into this plate design, as we have into this mission itself,” said Robert Pappalardo, project scientist at JPL, in a statement.
Persons: Ada Limón, Ron Greeley, Drake, Frank Drake, , Lori Glaze, Robert Pappalardo, “ It’s Organizations: CNN, Clipper, Parker, Probe, National Oceanic, Atmospheric Administration, Jet Propulsion Laboratory, , US, Arizona State University, University of California, NASA, JPL, Caltech, Planetary Science, Europa Clipper Locations: Pasadena , California, Europa, University of California Santa Cruz
Read previewYet another study is calling into question a Harvard professor's claims that metallic balls discovered under the ocean may have been made by aliens . Johns Hopkins University-led (JHU-led) research said a blip on the seismometer that Loeb used to pinpoint the crash site may simply have been caused by the vibrations of a passing truck. AdvertisementPinpointing the crash siteIn 2019, Loeb and his team searched databases for unusual meteors that were moving rapidly. The meteor, dubbed by Loeb's team IM1, was first spotted by the Department of Defense's (DoD) sensors. Loeb's team recovered 805 spherules.
Persons: , Avi Loeb, Loeb, Ben Fernando, It's, Fernando, it's, Charles Hoskinson, Undeterred Organizations: Service, Harvard, Business, Johns Hopkins University, JHU, Department of Defense's, DoD, Planetary Science Conference, Galileo, Space Force Locations: Papua, Guinea, 2401.09882, Papua New Guinea, Houston
U.S. equities aren't the only ones on a bull run — the Japanese stock market is also enjoying an upward climb. "It is the case that the Japanese stock market remains almost exclusively driven by foreign money," Jefferies head of global equity strategy Christopher Wood wrote in a March 7 note. According to Wood, foreign investors now own almost a third of the Japanese stock market, a dramatic rise from the 4% level in 1989, when the asset bubble reached its peak. Morgan Stanley noted that quality stocks have outperformed the broader market so far in 2024. Transitioning out of deflation Rate policy has been another big factor in the recent market rally.
Persons: Jefferies, Christopher Wood, Wood, Goldman Sachs, Morgan Stanley, Makoto Furukawa, Ryota Sakagami, Citi's Sakagami Organizations: Nikkei, Global, Retailing, Holdings, Toyota Motor, Subaru, Mitsubishi, Citi, Japan, U.S, Bank of Locations: Japan, U.S, Tokyo, Bank of Japan
Super Micro , Tokyo Electron Device , Meta Platforms , Tata Motors and Mitsui are among the stocks that have seen the most significant gains over the past year. According to FactSet, their share price movement correlates between 93% and 98% of the time with Nvidia's stock. Super Micro Super Micro, which makes computer servers, has benefitted directly from using Nvidia's AI chips in its products. Tokyo Electron Device Tokyo Electron Device is a distributor of Nvidia's chips in Japan. Tokyo Electron Device is a listed subsidiary of Tokyo Electron , Japan's largest chip-manufacturing equipment maker.
Persons: FactSet, Meta, Mark Zuckerberg, Paul Meeks, Meeks, , Jonathan Vanian, Weizhen Tan Organizations: Nvidia, CNBC Pro, Nvidia's, Tata Motors, Mitsui, Microsoft, Meta, Facebook, Super, Tech, Portfolio Management Locations: Tokyo, Japan
CNN —Archeologists in Turkey say they have discovered the world’s oldest known bread, dating back to 6600 BC. Around the oven, archeologists found wheat, barley, pea seeds and a palm-sized, round, “spongy” residue, it said in a press release Wednesday. Flour and water had been mixed in, with the bread having been prepared next to the oven and kept for a while. “It is an exciting discovery for Turkey and the world,” Kavak said. The organic matter – both wood and bread – was preserved by thin clay that covered the structure, according to Türkcan.
Persons: Turkey’s, Ali Umut Türkcan, Salih Kavak, ” Kavak, “ Çatalhöyük, ” Türkcan Organizations: CNN, Turkey’s Necmettin Erbakan University Science, Technology Research, Anadolu University, Anadolu Agency, Gaziantep University, UNESCO, Research Locations: Turkey, , Çatalhöyük, Turkish, Konya
“Should exposure to microplastics and nanoplastics be considered a cardiovascular risk factor? Nanoplastics have been found in human blood, lung and liver tissues, urine and feces, mother’s milk, and the placenta. The examination found “visible, jagged-edged foreign particles” scattered in the plaque and external debris from the surgery, the study said. Presence of microplastics and nanoplastics, and subsequent inflammation, may act to increase one’s susceptibility to these chronic diseases,” Stapleton said in an email. However, calling the study results “a direct link to cardiovascular disease is a stretch for the findings,” she added.
Persons: , Raffaele Marfella, Marfella, University of Campania Luigi Vanvitelli, Philip Landrigan, ” Landrigan, nanoplastics, Landrigan, Mary Conlon, , that’s, Andrew Freeman, Phoebe Stapleton, Rutgers University’s Ernest Mario, , ” Stapleton, Leonardo Trasande, don’t, Trasande Organizations: CNN, New England, of Medicine, University of Campania, Boston College, Program, Global Public Health, Global, Planetary Health, International, Water Association, Surgeons, Jewish Health, Rutgers, Rutgers University’s Ernest Mario School of Pharmacy, Getty, American Academy of Pediatrics, NYU Langone Health, Natural Resources Defense Council, Invest Locations: Naples, Italy, Denver, Piscataway , New Jersey
However, veteran investor and trader Adam Reynolds says it's time to look beyond the U.S. and consider 10 lesser-known companies from across Europe, Japan and Australia. "The focus on U.S. tech stocks — and especially the Magnificent Seven — is driving huge amounts of performance to the U.S. stock market. Calling valuations of U.S. stocks "stretched," Reynolds said there are opportunities in moving toward a "more diversified global portfolio," including better valuations — and returns. In terms of allocation, Reynolds suggests that investors put 30% of their equities portfolio in U.S. stocks, 40% in Asia and 30% in Europe. Chip stocks Shares of semiconductor manufacturer Tokyo Electron are up over 140% over the last 12 months.
Persons: Adam Reynolds, Reynolds, we're, Reynold Organizations: Big Tech, Apple, Microsoft, Nvidia, Tesla, Saxo Capital Markets, CNBC Pro, Japan, Tokyo, Novo Nordisk, Nordisk, BYD, Ferrari Locations: Europe, Japan, Australia, Asia, Tokyo, Europe's
Estimated to cost at least $3 billion, the project DUNE (Deep Underground Neutrino Experiment), is led by scientists at the US Department of Energy's Fermilab. AdvertisementCavern excavation at the Sanford Underground Research Facility in South Dakota began in 2017. The beam will then travel underground for 800 miles to the detectors at the South Dakota Sanford Underground Research Facility. The Sanford Underground Research Facility is located at a former gold mine. Stephen Kenny, Sanford Underground Research FacilityIn 1987, astronomers witnessed a bright supernova exploding closer than any had in about 400 years.
Persons: , Mary Bishai, Reidar Hahn, Bishai, Matthew Kapust, Stephen Kenny, Maximilien Brice, Albert Einstein's, Jim Shultz, It's Organizations: Service, US Department of Energy's Fermilab, Sanford Underground Research, South Dakota Researchers, Fermilab, South Dakota Sanford Underground Research, CERN, Japan Proton Accelerator Research, PARC, European Organization for Nuclear Research, Scientific Locations: Illinois, South Dakota, Chicago , Illinois, Minnesota, Fermilab, South
An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab is making steady progress on the development of its Neutron vehicle, as the company reported fourth-quarter results that saw its contract backlog soar above $1 billion. Year over year, Rocket Lab's fourth-quarter net loss widened by about 36% as the company continues to spend heavily to create its Neutron rocket. Shares of Rocket Lab slipped 5% in after-hours trading from its close at $4.71. Rocket Lab forecast first-quarter revenue between $92 million and $98 million.
Persons: Peter Beck Organizations: Revenue, LSEG, Space Development Agency, Rocket Locations: New Zealand
CERN's new supercollider will be 8 times more powerful than the LHC, the largest and most powerful in the world. Particle physics research will need a major upgrade to begin exploring that mysterious 95%, made up of dark matter and dark energy. CERN, the European Council for Nuclear Research, is designing a new supercollider called the Future Circular Collider (FCC) to push the boundaries of modern physics research and perhaps discover the true nature of our mostly invisible universe. Together, these two colliders could usher in a new frontier of physics research. Breaking new groundCERN plans to build the 56-mile-long FCC tunnel beneath France and Switzerland, encircling the city of Geneva.
Persons: , Michael Benedikt, Christophe Grojean, Benedikt, Grojean Organizations: Service, CERN, European Council for Nuclear Research, Collider, FCC, hh, CERN CERN, Environmental Locations: Geneva, France, Switzerland
Investors have been bullish on Japan stocks since last year, repeatedly driving them to record highs. Goldman Sachs has named "Seven Samurai" stocks in Japan, which it says could be an equivalent of the United States' "Magnificent Seven." The "Magnificent Seven" comprises Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla , which were behind much of the gains that drove the S & P 500 up a whopping 24% or so in 2023. In a Feb. 18 report, Goldman answered clients' requests for the Japanese equivalent of the "Magnificent Seven." With that criteria, Goldman has come up with a list of seven stocks, and they are: Screen Holdings, Advantest, Disco, Tokyo Electron, Toyota Motor, Subaru and Mitsubishi.
Persons: Goldman Sachs, Goldman, they've, CNBC's Ying Shan Lee Organizations: Nikkei, Apple, Microsoft, Nvidia, Tesla, Screen Holdings, Tokyo Electron, Toyota Motor, Subaru, Mitsubishi, Tokyo Stock Exchange Locations: Japan, United States, Tokyo
AdvertisementInterstellar travel is only something humanity has achieved in science fiction — like Star Trek's USS Enterprise, which used antimatter engines to travel across star systems. "Annihilation of antimatter and matter converts mass directly into energy," Weed, cofounder and CEO of Positron Dynamics, a company working to develop an antimatter propulsion system, told Business Insider. Space travel at record speedProxima's star system, shown here, could be reached in just five years with antimatter-powered technology. For example, let's take a trip to our nearest star system, Proxima, about 4.2 light years away. And since the '80s, there's been talk of thermal antimatter engines, which would use antimatter to heat liquid, gas, or plasma to provide thrust.
Persons: Elon Musk, Ryan Weed, Weed, Brice, Maximilien, Gerald Jackson, Forbes, It's, Jackson, he's, Eugen Sänger, there's, Paul M, Sutter, Steve Howe, Howe Organizations: Enterprise, Dynamics, Southern, NASA, CERN, Fermilab, Hbar Technologies, Space, Alpha Locations: Switzerland, Austrian
Japan's Nikkei 225 index , a price-weighted index of 225 Japanese stocks, has also hit an historic high. A few months before that, on December 29, 1989, Japan's Nikkei 225 Index hit an historic high that stood until this week. That's about the amount the U.S. stock market dropped at the start of the Great Depression, from 1929 to 1932. .N225 5Y mountain Nikkei 225 Index in past five years. The Japanese stock market took 20 years.
Persons: it's, Japan's, Minoru Isutani, Arnold Palmer, Richard Ferris, Peter Ueberroth, Clint Eastwood, Nori, Bart Wakabayashi Organizations: Nikkei, CNBC, Japan's Nikkei, Mitsubishi, Rockefeller Center, Lone Cypress Company, Sumitomo Bank, Taiheiyo, Lone Cypress, Toyota, Honda, Sony, Hitachi, Nintendo, Sumitomo Mitsui, Japan Hedged Equity, Dow Jones, Tokyo Stock Exchange, Retailing, Softbank, Vision Fund, Foreign, Bank of Japan, White Oak Capital, Reuters Locations: Tokyo, New York, Japanese, California, Japan, U.S, Singapore
Japan’s Nikkei hits 34-year high
  + stars: | 2024-02-13 | by ( ) edition.cnn.com   time to read: +2 min
Tokyo Reuters —Japan’s Nikkei share average closed at a fresh 34-year high on Tuesday as trading resumed after a long holiday weekend, with tech-related shares and strong corporate earnings supporting the benchmark stock index. The Nikkei climbed 2.89% to 37,963.97 to its highest since January 1990, after briefly breaching 38,000 points. The broader Topix rose 2.12%. Among other top gainers, Tokio Marine Holdings Inc and MS&AD Insurance Group Holdings Inc gained 11% and 10.82%, respectively. As the Nikkei climbs toward its all-time high, the US consumer price index (CPI) report out later on Tuesday will be in focus.
Persons: SoftBank, , ” JP Morgan, , Charu Chanana Organizations: Tokyo Reuters, Japan’s Nikkei, Nikkei, Tokyo, SoftBank, ARM Holding, Tokio Marine Holdings Inc, Insurance, Holdings, CPI, Saxo Markets, Otsuka Holdings Locations: Tokyo
CNN —Tardigrades, also known as water bears, commonly survive in some of Earth’s most challenging environments. Under stress in extreme cold or other harsh environmental conditions, tardigrades’ bodies produce unstable free radicals of oxygen and an unpaired electron, aka a reactive oxygen species that can wreak havoc on the body’s proteins and DNA if they overaccumulate. The survival mechanism kicks off when cysteines, one of the amino acids that forms proteins in the body, come into contact with these oxygen free radicals and becomes oxidized, the researchers found. The free radicals become, so to speak, the hammer used to smash the glass on a fire alarm. “We came up with this idea (that) maybe it’s those species that are actually signaling to the tardigrades to enter their tun state,” she said.
Persons: CNN — Tardigrades, Amanda L, cysteines, ” Smythers, Smythers, Amanda Smythers Smythers, William R, Miller, ” Miller, Jenna Schnuer Organizations: CNN, International Space Station, Dana, Farber Cancer Institute, Harvard Medical School, Getty, University of North, Chapel, Marshall University, Baker University Locations: , Boston, Antarctica, University of North Carolina, Huntington , West Virginia, Baldwin City , Kansas, Anchorage , Alaska
But nothing is certain yet, aside from the interest from mostly European and Western countries that bankroll CERN, which is home to the Large Hadron Collider. She said review committees had not turned up any “technical show-stoppers” for the project so far. Photos You Should See View All 45 ImagesHowever, the science that the future collider could generate remains largely unknown. “It’s true that at the moment we do not have a clear theoretical guidance on what we should look for,” Gianotti said. Monday’s briefing on the new collider included some proposed changes to the original plan announced in 2019.
Persons: , Fabiola Gianotti, ” Gianotti Organizations: GENEVA, , European Organization for Nuclear Research, CERN, Collider, collider Locations: Swiss
The phenomenon, known as a starling murmuration in English or “black sun” in Danish, lasts just minutes, or even seconds. But it left a lasting impression on Danish photographer Søren Solkær, who first witnessed the spectacle when he was 10 years old. “The first thing that came to mind was starling murmurations … this big piece of calligraphy in the sky,” he told CNN. Solkær’s latest photobook, “Starling,” published last month, charts this migration journey, and with it, he hopes to inspire a closer relationship with nature. In Rome, Solkær included architecture in his compositions.
Persons: CNN —, Søren Solkær, ” Solkær, Solkær, Amy Winehouse, Metallica, Paul McCartney, starling, “ Starling, , , Søren Solkær “, falconer, Diviners, that’s, “ I’ve, Organizations: CNN, , starlings, University of Copenhagen, Museum Locations: Denmark, Europe, Ireland, Italy, Wadden, North Africa, Rome, Danish, Søren Solkær “ Rome, North America, , Socotra, Bhutan, South Asia, Australia, Sardinia
Tetsuro Higashi, the Chairman of Rapidus Corp., poses for a photograph during an interview with Reuters at the company headquarters in Tokyo, Japan February 2, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing RightsTOKYO, Nov 28 (Reuters) - Government-backed Japanese chip foundry venture Rapidus is hunting high and low - including among industry veterans and overseas - to find engineers to help it revive a chip industry that was once the envy of the world. Rapidus is helmed by veteran chip industry executives who were working in the 1980s when Japan boasted a market share of around half of the global chips market. Rapidus' ambitious plans have been met with scepticism from chip industry insiders who have questioned whether the company will be able to achieve mass production and secure a sufficient customer base. Yonemaru last month relocated to work with IBM in New York state, part of a cohort of Rapidus engineers heading there as the fab is being constructed.
Persons: Tetsuro, Issei Kato, TSMC, Rapidus, Masami Suzuki, Suzuki, Naoto Yonemaru, Sam Nussey, Miho Uranaka, Tim Kelly, Jamie Freed Organizations: Rapidus Corp, Reuters, REUTERS, Rights, IBM, Rapidus, Thomson Locations: Tokyo, Japan, Hokkaido, New York
Rocket Lab shares have the potential to take off, according to Bank of America. Analyst Ronald Epstein reiterated his buy rating on the space stock while shaving his price target down by $2 to $10. Epstein's new price target implies the stock could soar 134.2% from Monday's close. After investigating the September mid-flight failure of its Electron rocket, Rocket Lab is aiming to get its launch business back on track by the end of the year. The analyst's price target cut followed a reassessment of the discount rate following the Electron launch snafu.
Persons: Ronald Epstein, Epstein, Bank of America's Epstein, Epstein doesn't, CNBC's Michael Bloom, Michael Sheetz Organizations: Bank of America, Bank of, MDA Locations: Monday's
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