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NASA recently approved the $19.5 million Landolt Space Mission to launch the mini satellite into Earth's orbit. AdvertisementA revolutionary new tool for astronomersLandolt, which is about the size of a bread box, is designed to fire lasers at observatories on Earth to help astronomers study the stars. Related storiesWhat makes this "artificial star" better than a real one is that astronomers will know exactly how much light it's emitting. Landolt can help astronomers catch minute details they've otherwise been missing in the data. How Landolt could revolutionize astronomyAstronomers are excited that Landolt could help them find more Earth-like exoplanets that might harbor life.
Persons: , Tyler Richey, Eliad Peretz, unquote, Richey, Arlo Landolt, Yowell Organizations: Service, Business, NASA, Lowell Observatory, Yowell Locations: Richey
Read previewThe S&P 500's 22% tear over the last few months may just be getting started, according to Sevens Report Research, a market research firm with clients that include top Wall Street banks like JPMorgan, Morgan Stanley, UBS, and more. On the valuations front, the S&P 500's multiple would only have to rise fairly slightly to lift the index to 6,000. "The S&P 500 is already trading with an elevated forward P/E multiple of over 20X expected 2024 EPS," he said. "If sentiment gets frothy, however, and stocks trade with a multiple pushing 22X, which is far from unheard of as the forward multiple of the S&P 500 hit 21.4 on 1/2/2022, then the S&P 500 could surpass 6,000 in H2'24." Essaye also said small-cap stocks cyclical sectors like big banks, and materials and transportation firms would do well in a soft-landing scenario.
Persons: , Morgan Stanley, Tyler Richey, Richey, aren't, Louis Fed, Tom Essaye, Essaye, it's Organizations: Service, JPMorgan, UBS, Business, Investor, CNN, Federal Reserve, Nvidia, Amazon Locations: H2'24
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