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☆ The AI boom turned Nvidia into a trillion-dollar giant. Its next big bet is even more complex.
▼ + stars: | 2024-10-01 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +11 min

In addition to the Computex display, humanoid robots have come up on Nvidia's last two earnings calls. The first is self-driving cars and the second is likely to be humanoid robots. Project Groot, which the company refers to as a "moonshot" initiative, is a foundation model for humanoid robots. AdvertisementIt feels like every player aiming for humanoid robots is in it for themselves, Kapoor said. Simulators are an essential stop on the path to humanoid robots, but they don't necessarily lead to human-like perception.

Persons: Jensen, —, Jensen Huang, gesturing, Elon Musk, Huang, Raul Martynek, Databank, Isaac, Tesla, That's, Sophia Velastegui, who's, William, Omniverse, Ashish Kapoor, Kapoor, Jonathan Stephens, Martynek, Velastegui Organizations: Service, Nvidia, Apple, Google, Microsoft, BMW, Boston Dynamics, BYD Electronics, Siemens, sunsetted, Foundations, Grid, Scaled Foundations, Star Locations: Taipei, Taiwan, Computex

☆ Port strike fallout: Blockbuster weight-loss drug supply from Wegovy to Ozempic, Mounjaro, Zepbound caught up in East Coast trade shutdown
▼ + stars: | 2024-10-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

In this article LLYNOVO.B-DK Follow your favorite stocks CREATE FREE ACCOUNTAn Eli Lilly & Co. Zepbound injection pen, March 28, 2024. Bills of lading, the digital receipts of freight containers, show that the delivery mechanisms for insulin and weight-loss drugs rely on East Coast ports for incoming trade. "Novo Nordisk and Eli Lilly are both heavily reliant on the Port of Norfolk," said William George, director of Research at ImportGenius, which tracks the customs data. Vials on the Wegovy line at the Novo Nordisk A/S production facilities in Hillerod, Denmark, on Friday, March 8, 2024. Bloomberg | Bloomberg | Getty ImagesAn Eli Lilly spokesperson said it does not discuss the details of its external supplier relationships.

Persons: Eli Lilly, Eli Lilly — Ozempic, William George, George, Dennis Monts Organizations: Bloomberg, Getty, Novo Nordisk, ILA, Nordisk, Research, U.S . Senate, CNBC, Nuco Logistics Locations: New England, Texas, U.S, lading, East Coast, Port of Norfolk, ImportGenius, Norfolk, airfreight, Hillerod, Denmark, Monts

☆ 3 of China's Tesla rivals had a record month, putting pressure on Elon Musk
▼ + stars: | 2024-10-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Chinese Tesla rivals Zeekr, Xpeng, and Li Auto announced record monthly deliveries this week. That puts pressure on Tesla, which is also expected to announce strong numbers on Wednesday. Elon Musk's automaker is facing fierce competition in China, with rivals rolling out their own cheap EVs. Advertisement3 of Tesla's Chinese EV rivals have had a very good month — and they've thrown down a gauntlet for Elon Musk. Chinese EV makers Li Auto, Zeekr, and Xpeng all announced record September deliveries this week, putting pressure on Tesla as it prepares to release its own numbers on Wednesday.

Persons: Zeekr, Elon, —, Elon Musk, Li Auto, Xpeng, Tesla, Li, catchup Organizations: Li Auto, Elon Musk's, Service, EV, Li, Wall Street, London Stock Exchange, Reuters Locations: China

☆ Tesla set to report Q3 deliveries ahead of robotaxi event
▼ + stars: | 2024-10-01 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +5 min

Analysts are expecting Elon Musk's automaker to report about 463,310 deliveries, according to estimates compiled by FactSet StreetAccount. Tesla reported deliveries of 435,059 and production of 430,488 vehicles for the same period a year ago, before it was selling the Cybertruck. More recently, Tesla reported deliveries of 443,956 and production of 410,831 vehicles for the second quarter of 2024. Goldman Sachs last week said it expects Tesla deliveries and production "to come in-line with consensus, largely driven by the strength in the China market." Tesla brand erosionSome customer interest in buying Tesla vehicles has been chilled by the brand's strong association with Musk.

Persons: Elon Musk, Tesla, Elon, FactSet StreetAccount, Wells, Goldman Sachs, tacking, Musk —, —, he's, Donald Trump, Musk, Mike DeWine Organizations: Trump, Tesla's, EVs, Warner Bros, Baidu, SpaceX, Associated Press, CNN, NBC News, The New York Times, Twitter, The Washington Post, Springfield Police Division, Ohio Gov, Pew Research Locations: Manhattan , New York, U.S, China, Los Angeles, Springfield , Ohio

☆ Tesla Q3 deliveries preview: Wall Street expects a beat as Musk & Co. get their 'mojo' back
▼ + stars: | 2024-10-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Tesla's third-quarter vehicle deliveries are expected to exceed Wall Street estimates. AdvertisementTesla's upcoming third-quarter vehicle deliveries report should impress investors, according to Wall Street experts. Tesla stock has been on a wild ride this year. AdvertisementBarclays: 'Concerns on fundamentals have dissipated'Barclays analyst Dan Levy is expecting Tesla to report solid vehicle deliveries later this week, according to a recent note. Levy said that thanks to expected strength in Tesla's China business, the company will announce third-quarter vehicle deliveries of 470,000, ahead of Wall Street estimates.

Persons: —, Goldman Sachs, Tesla, Dan Levy, Levy, Mark Delaney, Delaney, Dan Ives, Ives Organizations: Barclays, Service Locations: China, flattish, Europe

☆ NATO's new chief is inheriting messy wars and a possible second Trump presidency. It's not going to be easy, security analysts say.
▼ + stars: | 2024-10-01 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +10 min

And then, with the US presidential elections now less than five weeks away, there is the prospect of a second Donald Trump presidency. AdvertisementMark Rutte earned the nickname "Trump whisperer" after placating the former president on US commitments to NATO. According to Prakash, Rutte is "coming into the role from a certain outlook, and that outlook is essentially saying: 'We need to stand with America.'" NATO's deputy secretary-general, Mircea Geoană, told Euronews in July that China, as a direct enabler of Russia's war in Ukraine, threatened the alliance's security. AdvertisementShifting NATO away from Russia and toward other threats is going to be "perhaps the greatest challenge facing Mark Rutte," Prakash said.

Persons: Mark Rutte, Jens Stoltenberg, —, Abishur Prakash, Prakash, Stoltenberg, John Hardie, Donald Trump, Rutte, Hardie, Volodymyr Zelenskyy, Mitch McConnell, Chuck Schumer, Scott Applewhite, ATACMS, Josep Borrell, Joe Biden, Ramiz Dallah, Israel ramped, Israel, Benjamin Friedman, Keir Giles, Trump, Brandon Bell, Giles, Friedman, Kamala Harris, Harris, Chip Somodevilla, NATO's, Mircea Geoană, Euronews Organizations: Service, NATO, Inc, Russia, Foundation for Defense of Democracies, Trump, AP, Pentagon, Russian, Republicans, Hamas, Getty, Defense, Chatham House's, NATO's, Europe NATO, Ukraine Defense Contact, Assistance, Training, Kyiv, Dutch, NRC, America Locations: Ukraine, escalations, Russia, Netherlands, Gaza, Toronto, Denmark, Sweden, Czech Republic, Finland, Israel, Lebanon, Anadolu, Europe, Chatham House's Russia, Eurasia, Savannah , Georgia, South China, Philippines, China

☆ Fact check: JD Vance and Tim Walz at the vice presidential debate
▼ + stars: | 2024-10-01 | by ( Cnn Staff | ) edition.cnn.com time to read: +32 min

Tim Walz and Republican Sen. JD Vance of Ohio are facing off Tuesday night in New York City for their first – and only – vice presidential debate. Vance mischaracterizes Harris’ role on border policySen. JD Vance claimed that Vice President Kamala Harris was appointed the “border czar” during the Biden administration. Tim Walz and Sen. JD Vance attend a debate hosted by CBS News in New York on Tuesday. A recent report from the US Department of Energy found 142,000 new clean energy jobs were created in 2023. Alex Kent/Getty Images Cutout images of Vance and Walz are displayed at a debate watch party in New York.

Persons: Tim Walz, Republican Sen, JD Vance, Vance mischaracterizes Harris, Sen, Kamala Harris, ”, Biden, Donald Trump, ” Vance, Harris, Alejandro Mayorkas, “, Daniel Dale Minnesota, Mike Segar, Reuters Walz, aren’t, Joe Biden’s, –, CNN’s Ella Nilsen, Joe Biden, Michael Ciaglo, Vance, Springfield , Ohio Sen, you’ve, Mike DeWine, Daniel Dale, Danya, Jessie Wardarski, Kamala Harris “, Donald Trump’s, CNN’s Dana Bash, CNN’s Hannah Rabinowitz, John Modlin, Rebecca Noble, Walz, ” Walz, Al Drago, Matt Rourke, Ken Betancur, Angela Weiss, Joe Raedle, Chip Somodevilla, Norah O'Donnell, Margaret Brennan, Brendan McDermid, Reuters Vance, Julia Demaree Nikhinson, Alex Kent, Victor J, Charly Triballeau, Getty Images Walz, Kevin Wexler, Anna Moneymaker, Trump, Roger Severino, ” –, Norah O’Donnell, Katie Lobosco Vance, CNN’s Manu Raju, Ted Barrett, …, Trump’s, “ Alabama’s, Andrew Kaczynski, Em Steck Vance, unfroze, Wally Adeyemo, Jennifer Hansler Vance, Joe Manchin, Dave Renner, ” Dr, Erin Stevens, ” Stevens, It’s, ” Renner, Jack Forrest Vance, DHS ‘, Kamala Harris ’, General, Immigrations, ” Aaron Reichlin, didn’t, Jack Forrest Organizations: CNN, Democratic Minnesota Gov, Republican, White, Homeland, Central, Daniel Dale Minnesota Gov, CBS News, Reuters, Biden, Senate, US Department of Energy, 2024 Energy, Bidenomics, CS Wind, CS, YES, ” Republican Ohio Gov, New York Times, US, American Civil Liberties Union, Enforcement, Democratic, US Border Patrol, Getty, Heritage Foundation, for Disease Control, CDC, Department of Health, Human Services, Minnesota Gov, CBS Broadcast Center, Bloomberg, People, CBS, Center, Journalists, United Federation of Teachers, Getty Images, USA, New York, Secret Service, Trump, Congress, Fox News, MIT, CNN’s Ella Nilsen Workers, AFP, Tuesday’s, Minnesota Medical Association, American College of Obstetricians, “, DHS, Department of Homeland Security, Homeland Security, Customs Enforcement, ICE, HHS, American Immigration Council, ICE hasn’t, New York Post, Washington Times Locations: Ohio, New York City, El Salvador, Guatemala, Honduras, United States, Mexico, New York, Pueblo , Colorado, Springfield , Ohio, Springfield, ”, US Border Patrol Tucson, Douglas , Arizona, AFP, Minnesota, New, Kendall , Florida, California, Iran, Israel, South Korea, Qatar, China, United States of America, West Virginia, Fuzhou, China's Fujian

☆ Spacecraft delivery startup founded by former SpaceX rocket guru raises $150 million, led by Founders Fund
▼ + stars: | 2024-10-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

Impulse SpaceLos Angeles-based space startup Impulse, which is led by renowned rocket specialist Tom Mueller, has raised $150 million in a new fundraising round led by venture capital firm Founders Fund. University of IdahoImpulse flew its first mission, called LEO Express-1, with a Mira vehicle carrying and deploying a small satellite. A wide swath of venture investors joined the company's $150 million round including: Airbus Ventures, Alumni Ventures, Balerion Space Ventures, Lux Capital, RTX Ventures, Spring Tide, Tamarack Global, 137 Ventures, DCVC, Elysium, First Principles Group, Island Green, Overmatch and Trousdale Ventures. A Mira vehicle in orbit during the LEO Express-1 mission that launched November 2023, with several pairs of its Saiph thrusters visible. "There's a lot of cost and efficiency to be gained … [with] a reliable solution for any customer who wants to move things around in space," Mueller said.

Persons: Tom Mueller, Elon Musk, Mueller, Helios, Mira, we're, there's, SpaceX Organizations: Fund, Mueller, SpaceX, CNBC, University of Idaho, University of Idaho Impulse, LEO, Impulse, U.S . Space Force, Airbus Ventures, Ventures, Balerion Space Ventures, Lux, RTX Ventures, Trousdale Ventures, GEO, Rocket Lab, NASA Locations: Los Angeles, Beach, Redondo Beach , California

How Credit Card Cell Phone Protection WorksIf cell phone insurance on a credit card sounds too good to be true, this guide is for you. The Best Credit Cards with Cell Phone ProtectionThere are dozens of credit cards that now offer cell phone protection when you use them to pay your phone bill. Here are some of the best options:Best overall credit card with cell phone protection: Ink Business Preferred® Credit CardBest no-annual-fee Chase credit card with cell phone protection: Chase Freedom Flex®Most affordable premium credit card with cell phone protection: Capital One Venture X Rewards Credit CardBest American Express credit card with cell phone protection: The Platinum Card® from American ExpressBest airline credit card with cell phone protection: Delta SkyMiles® Platinum American Express CardBest cash back credit card with cell phone protection: Wells Fargo Active Cash® CardBest credit card with cell phone protection for paying rent: Bilt Mastercard®Chase Credit Cards with Cell Phone ProtectionThe Ink Business Preferred® Credit Card comes with one of the most generous cell phone protection coverage limits of up to $1,000 per claim with a $100 deductible, up to three times per year. You'll find cell phone insurance on the following Amex cards:Wells Fargo Credit Cards with Cell Phone ProtectionWells Fargo is unique in that it offers cell phone insurance as a standard benefit on all of its personal credit cards, even the ones with no annual fees. Read our guide to the best Wells Fargo credit cardsCell Phone Protection Credit Card ComparisonInk Business Preferred® Credit Card Apply now lock icon An icon in the shape of lock.

Persons: Wells, I'd, they'll, takeout, Chase, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you've, It's, you’re, you'll, Jasmin Baron, Read Organizations: Business, Cell, Express, American Express, Wells, Mastercard, Capital, Venture, Protection, Chase Travel, FDIC, Chase, One, Hilton, Marriott, Saks, American, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth Locations: Wells Fargo, Hulu, Wells, Canada

☆ Consumer companies vie for share of India's booming stock market
▼ + stars: | 2024-10-01 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

More consumer-centric companies are looking to capitalize on India's booming stock market and strong economic growth, by going public. "After a decade, India's growth story is now likely to be driven by private consumption. With a better macro outlook, the risk appetite for investors for business to consumer companies have gone higher," said Atul Singh, CEO and managing director of wealth management firm LGT Wealth India. It may have started with large corporations like Reliance and Adani , but the positive macro story is driving more business to consumer companies to list," Singh told CNBC in an interview. India had 238 listings in 2023, reaching a nine-year high with 614 billion Indian rupees ($7.35 billion), according to FactSet data.

Persons: Ola, Atul Singh, Singh Organizations: National Stock Exchange, BMI, LGT Wealth, Reliance, CNBC, Transportation, Hyundai Motor India, Insurance, Hyundai, Ola Electric Locations: Mumbai, India

Near Perry, Florida, power flashes were seen as Hurricane Helene downed power lines on September 26, 2024. WACHIn South Carolina, Helene brought vicious winds and dumped “staggering” amounts of rain: up to 12 to 14 inches. Andy TomsThe western North Carolina city of Asheville was especially hard-hit. Tariq Bokhari/Daniel WhittakerFloods from Hurricane Helene wreaked havoc on the western North Carolina village of Chimney Rock and the region surrounding Lake Lure. Heavy rainfall washed away a part of Interstate 40, a major highway connecting North Carolina and Tennessee.

Persons: Helene, SVC, Simon Brewer Juston Drake, Brandon Clement Further, Brandon Clement, Jules Carl, CNN’s John Berman, she’s, “ I’ve, ”, Aaron Rigsby, Helene –, Andy Toms, Avery Dull, Avril Pinder, “, Tariq Bokhari, Daniel Whittaker, Hurricane Helene, Daniel Shrader, floodwater, Michael Baker, Police Helene Organizations: CNN, National Weather Service, South Pasadena Fire Department, Daylight, Fire, Services Rescue, Atlanta Fire, Carolinas, Charlotte City, WCYB, North Carolina . North Carolina Division of Aviation, Tennessee Valley Authority, Virginia State Police, Virginia, Police Locations: United States, Florida, Southern, Gulf, Bend, Perry, Perry , Florida, Tampa, FHP, Tampa Bay, Pinellas County , Florida, Pinellas County, City of South Pasadena, Sunset Beach, Cedar Key , Florida, Cedar, Steinhatchee, ”, Steinhatchee , Florida, Georgia, Atlanta, Augusta, Cobb County, Mableton, Cobb, Columbia, Greenville, WACH, South Carolina, Saluda County, Asheville , North Carolina, North Carolina, Asheville, Rock, Hurricane, Lure, Charlotte, Tennessee, Roan Mountain , Tennessee, North Carolina ., Afton , Tennessee, TN, Erwin, Unicoi, Virginia

SKIP AHEAD What to shop on Prime Day | What to skip shopping on Prime Day | Prime Day v.s. Clothing and footwear: Anything related to fashion typically doesn’t stand out in terms of the best savings during Prime Day, says Shand. How to save the most money during Prime DayPlanning is key to saving during Prime Day. Additionally, Prime card members can earn 10% back or more on select Prime Big Deal Days deals with Amazon’s Prime Card Bonus. I’m an associate updates editor at NBC Select, where I’ve covered Amazon Prime Day for five years.

Persons: Mackenzie Shand, I’ve, Shand, “, ”, they’re, you’re, Vipin Porwal, you’ll, “ You’re, We’ve, it’s, you’ve, Porwal, There’s, TikTok Organizations: Deal, NBC, Echo, Prime, Amazon, Black, Target, Walmart, July’s, Amazon’s, Big Deal, Facebook, Twitter

A man embraces his daughter-in-law among the debris of his destroyed home in Horseshoe Beach, Florida, on Saturday. Some of the roads and bridges they need to do the job aren’t there anymore. Helene’s path of destruction stretched more than 500 miles, from coastal Florida to the Blue Ridge Mountains. Power companies are dealing with damaged and blocked roads as they work to restore power to homes and businesses. The president approved disaster relief and has been in contact with the governors where the damage was most severe.

Persons: Marco Bello, –, Joe Biden, “ Organizations: Carolinas, White House Locations: Horseshoe Beach , Florida, North Carolina, South Carolina, Georgia, Florida, Tennessee andtwo, Virginia, Asheville

☆ Stock futures are flat after S&P 500 closes at a record to end winning September: Live updates
▼ + stars: | 2024-09-30 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Stock futures were little changed on Monday evening, after the S&P 500 closed at a record to end September. S&P 500 futures inched lower by 0.1%, while Nasdaq 100 futures were just below the flatline. In the regular session, the S&P 500 and the 30-stock Dow notched closing records. All three major averages posted monthly gains, and it was the first positive September for the S&P 500 since 2019. The S&P 500, Dow and Nasdaq Composite also ended the third quarter in positive territory.

Persons: Jerome Powell, nonfarm, Dave Sekera Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Dow, Federal, Investors, Morningstar, Traders, International Longshoremen's Association, Gulf Coasts, U.S, U.S . Bureau of Labor Statistics, Labor, Survey, P Global U.S, Manufacturing, ISM, PMI Locations: New York City, U.S, Gulf

☆ Oil prices rise on Middle East supply risks as Israel steps up attacks
▼ + stars: | 2024-09-30 | by ( ) www.cnbc.com time to read: +2 min

An oil platform in the Red Sea in Ras Behar region, Egypt on January 29, 2023. Oil prices edged higher on Monday on increasing concerns of potential supply disruptions from the Middle East producing region after Israel stepped up attacks on Iranian-backed forces. Brent crude futures for November delivery increased 16 cents, or 0.22%, to $72.14 a barrel as of 0043 GMT. That contract expires on Monday and the more-active contract for December delivery gained 10 cents, or 0.14%, to $71.64. "The recent escalation of attacks in the Middle East is increasing the likelihood of Iran being directly dragged into the conflict, putting a significant risk around supply disruptions at the OPEC producer," ANZ Research said in a note.

Persons: Brent, WTI, Israel, Iran's, Sayyed Hassan Nasrallah, Lloyd Austin, Jerome Powell Organizations: . West Texas, Organization of, Petroleum, Hezbollah, ANZ Research, Lebanon . U.S . Defense Locations: Red, Ras Behar, Egypt, Israel, China, Iran, OPEC, Yemen, Lebanon . U.S, Washington, Libya

Elsewhere, TD Cowen raised its price target on Costco to $975. 7:04 a.m.: TD Cowen raises Costco price target TD Cowen is even more bullish on Costco after hosting the company's leadership for a post-earnings meeting. Analyst Brian Bedell reiterated his buy rating and lifted his price target by $3 to $27, implying about 13% upside. With that, analyst Stephen Scouten upgraded Amerant to overweight from neutral and raised his price target by 50 cents to $25.60. — Pia Singh 5:50 a.m.: TD Cowen upgrades Accenture Investors should buy shares of Accenture as the company's recovery gains steam, according to TD Cowen.

Persons: Morgan Stanley, TD Cowen, Cowen, Oliver Chen, Costco's, Chen, Gary Millerchip, — Pia Singh, Brian Bedell, Bedell, Robinhood, Wells, Donald Fandetti, Fandetti, Piper Sandler, Amerant, Stephen Scouten, Scouten, JPMorgan Chase, Betsy Graseck, Graseck, NIM, Bryan Bergin, Bergin, Fred Imbert Organizations: CNBC, JPMorgan Chase, Accenture, Costco, Deutsche Bank, American, Amerant, JPMorgan, Services Locations: Florida, Friday's

☆ Apple’s iPhone 16 hasn’t gotten a hot start, analysts estimate, but some still counting on ‘super cycle’
▼ + stars: | 2024-09-30 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

Apple needed the iPhone 16 to be a big seller after years of sluggish iPhone sales. In particular, demand for the higher priced iPhone 16 Pro devices were down sharply year-over-year compared with the iPhone 15 launch. Analysts say there appears to have been greater demand for the lower priced iPhone 16 and iPhone 16 Plus devices than the Pro and Pro Max, which could affect the average selling price and overall iPhone sales revenue. In the first weekend of presales, Apple sold 9.8 million iPhone 16 Pros and 17.1 million iPhone 16 Pro Max devices, down 27% and 16% year-over-year, respectively, according to Kuo. “It’s all about a monster holiday quarter and the supercycle begins for iPhone 16 in our view,” Ives told CNN in an email.

Persons: New York CNN — Apple, Long, It’s, it’s, Chi Kuo, Dan Ives, Angelo Zino, Pro Max, Kuo, Zino, ” Zino, ” Kuo, Lex Chiew, CFRA’s Zino, Mike Sievert, “, ” Ives Organizations: New, New York CNN, Apple, TF International Securities, Research, Pro, Apple Intelligence, iOS, Mobile, CNBC, CNN Locations: New York, China, ”, presales

☆ Tesla is a place where investors can find safety, says RBC's Tom Narayan
▼ + stars: | 2024-09-30 | 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 EmailTesla is a place where investors can find safety, says RBC's Tom NarayanTom Narayan, RBC Capital Markets analyst, joins 'Squawk on the Street' to discuss whether the goodwill around Tesla's delivery numbers is deserved right now, whether there's a share shift happening in Europe, and much more.

Persons: Tesla, Tom Narayan Tom Narayan Organizations: RBC Capital Markets Locations: Europe

☆ Hurricane Helene: Local broadcasters become lifeline for hard-hit N.C. communities
▼ + stars: | 2024-09-30 | by ( Brian Stelter | ) edition.cnn.com time to read: +6 min

With some ground-based communications in tatters from the storm, Starling said the stations had resorted to using SpaceX’s satellite internet service Starlink to remain online. In the wake of the storm, WWNC and other local news outlets region produced indispensable service journalism as communities reeled from the disaster. During WWNC’s marathon live broadcast, listeners were urged to keep the faith and have patience, since the recovery effort will take weeks. Wilson told CNN, “We’ve had people calling all day long trying to locate other people.”Starling said the radio network’s live coverage began on Thursday as Helene approached Florida’s Gulf Coast. We’re all neighbors.”Starling laughed on air about looking forward to seeing his local Amazon delivery driver once again.

Persons: Paul, ” Paul, iHeart, Mark Starling, ”, Starling, Eddie Foxx, Ashley Wilson, Wilson, couldn’t, Helene, ” Foxx, Foxx, “, “ We’ve, ” Starling, hadn’t, We’re, Mark, Apple Crisp, ” Wilson Organizations: CNN, Radio, iHeartMedia, Sunday, Asheville Citizen, Times, Public Radio, Apple Locations: North Carolina, tatters, Asheville, Charlotte, New Orleans, “, Florida’s Gulf Coast, Georgia

☆ Hurricane Helene: Now comes the hard work of recovering
▼ + stars: | 2024-09-29 | by ( Steve Almasy | ) edition.cnn.com time to read: +18 min

Kathleen Flynn/Reuters Boats displaced by Hurricane Helene sit in front of homes in Treasure Island, Florida, on Saturday. Joe Raedle/Getty Images Hurricane Helene is seen in a satellite photo Thursday afternoon. He was briefed Sunday by Federal Emergency Management Agency Administrator Deanne Criswell and Homeland Security Adviser Liz Sherwood-Randall on recovery efforts from Hurricane Helene. Heavy rains from hurricane Helene caused record flooding and damage on September 28 in Asheville, North Carolina. Workers clear Cane Creek Road in the aftermath of Hurricane Helene on September 29 in Fairview, North Carolina.

Persons: Joe Biden, “, Meredith Keisler, Keisler, ”, Krista Cortright, Cortright, ” Cortright, Hurricane Helene, Gerald Herbert, Melissa Sue Gerrits, Sean Rayford, Elmira Glover, Kathleen Flynn, Helene, Joe Raedle, Marco Bello, Jonathan Drake, John Falchetto, Cassandra Randall, Jessica Downey, Greg Lovett, Hailey Morgan, Phelan M, Megan Varner, Sarah Cribbins, Michael, Luis Santana, Miguel J, Rodriguez Carrillo, Richard Burkhart, Mike Carlson, Mike Stewart, Candice Ocvil, Jibri Tolen, Erik S, Cristobal Herrera, Candace Redwine, Guy Ford, George G, Tapper, Ricardo Arduengo, Joe Burbank, Carol Poulson, Andrew West, Cynthia Centeno, Reuters Charles Starling, Stephen M, Dowell, Chandan Khanna, Thomas Simonetti, Pete Beach, Ramon Espinosa, Paola Chiomante, Michael Callahan, Duke, ” Callahan, –, Avril Pinder, Craig Fugate, William Ray, ” Fugate, ” Cooper, Biden, Brian Kemp, Roy Cooper, Deanne Criswell, Liz Sherwood, Randall, Criswell, Donald Trump, ” Trump, “ It’s, It’s, Ken Graham, Esther Manheimer, ” Manheimer, Michelle Coleman, CNN she’s, Coleman, ” Coleman, Gary O’Dell, he’s, I’ve, ” CNN’s Robert Shackelford, Sarah Dewberry, Rafael Romo, Jade Gordon, Ashley R, Williams, DJ Judd, Sunlen Serfaty, Lauren Mascarenhas, Eric Levenson, Isabel Rosales, Taylor Galgano, Sara Smart, Conor Powell, Caroll Alvarado, Caroline Jaime, Emma Tucker, Artemis Moshtaghian, Afshar, Raja Razek Organizations: CNN, White House, ” Workers, Hurricane, Getty, Reuters, USA, Tampa Bay Times, AP, AFP, East, Savannah Morning, United States Coast Guard, Walt Disney, Orlando Sentinel, Tribune, Service, Fairview Middle School, Fishel, State Emergency Operations Center, Washington Post, NOAA, Buncombe County , North Carolina –, Emergency, ”, Sunday, Georgia Gov, North Carolina Gov, Federal Emergency Management, Homeland, Weather, National Weather Service, Workers, WLOS, Asheville Dream Center Locations: North Carolina, South Carolina, Georgia, Florida, Tennessee, Virginia, Carolinas, Asheville, Marion, Western North Carolina, Hurricane, Steinhatchee , Florida, , North Carolina, Asheville , North Carolina, Treasure Island , Florida, Horseshoe Beach , Florida, Boone , North Carolina, Valdosta , Georgia, AFP, Laurel, Vilas , North Carolina, Crystal River , Florida, Peachtree Creek, Atlanta, , Florida, Savannah , Georgia, Savannah, Shore, St . Petersburg , Florida, Key , Florida, Tarpon Springs , Florida, Watauga, Sugar Grove , North Carolina, Port Saint Joe , Florida, Bay Lake , Florida, Fort Myers Beach , Florida, Tallahassee, Leon County , Florida, Eastpoint , Florida, Villages, Tallahassee , Florida, Gulfport , Florida, St, Cross City , Florida, Guanimar, Artemisa province, Cuba, Panacea , Florida, Puerto Juarez, Cancun, Mexico, Clearwater , Florida, Buncombe County , North Carolina, ”, Washington, North Carolina , Tennessee, Rehoboth Beach , Delaware, Florida , Georgia, Alabama, Bend, Alabama , Tennessee, Erie , Pennsylvania, West Virginia, Kentucky, Baltimore, Fairview , North Carolina, Vietnam

☆ Top Wall Street analysts prefer these dividend stocks to strengthen portfolios
▼ + stars: | 2024-09-29 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Wall Street analysts' recommendations and in-depth analysis can help investors choose dividend stocks that can enhance total returns with passive income and stock price appreciation. Northern Oil and GasThis week's first dividend stock is Northern Oil and Gas (NOG), a non-operated, upstream energy asset owner. Recently, Mizuho analyst William Janela initiated a buy rating on NOG stock with a price target of $47. With a quarterly dividend of $1.40 per share (annualized dividend of $5.60), DRI stock offers a dividend yield of 3.3%. He added that the company's price reduction across nearly 5,000 items over the summer fueled higher unit and dollar sales.

Persons: Wall, NOG, William Janela, Janela, TipRanks, Darden, Peter Saleh, Uber, Saleh, Jim Lee, Jefferies, Corey Tarlowe, Tarlowe, Lee Organizations: Federal Reserve, Wall Street, Northern Oil, Mizuho, Darden, Uber, Olive Garden, Target, PepsiCo Locations: U.S, Olive

☆ Here’s what might be tough to find if there’s a long port strike
▼ + stars: | 2024-09-29 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +8 min

It doesn’t make economic – or logistical – sense to ship many of the goods that come into East Coast ports by alternative ports of entry – or by plane. That means America could see some shortages of chocolate, alcohol, popular fruit, including bananas and cherries, and even certain cars if the strike lasts a long time. A potential strike at this and other ports on the Gulf and East costs could start early Tuesday. And the federation and its members are concerned with how long it will take to recover from even a short strike. And many of those imports come in through East and Gulf coast ports.

Persons: ” Jonathan Gold, Brandon Bell, Gold, ”, “, That’s, Danny Munch, Munch, ” Chris Swonger, Swonger, Erin Keating, Mark Gillies, Loren Elliott, Chris Frey, Cox Organizations: New, New York CNN, National Retail Federation, CNN, Port, Houston Authority, ILA, American Farm Bureau, Consumers, Cox Automotive, “, Cox, Volkswagen, ” Audi, Auto, Bloomberg, Getty Locations: New York, East, Gulf Coast, East Coast, America, West Coast, United States, Port Wilmington, Delaware, Michigan, Europe, South America, Port of New York, New Jersey, Port of Houston, Gulf, Asia, Midwest

☆ Tesla could have a tough time living up to the hype around its robotaxi event
▼ + stars: | 2024-09-28 | by ( Pia Singh | In | ) www.cnbc.com time to read: +8 min

The recent hype lifted Tesla's stock into positive territory for the year, and it's now up nearly 5% in 2024. A high-risk, high-reward venture Analysts polled by LSEG have a consensus price target of $210.71 on Tesla shares, implying a decline of 19% from Friday's close. "We believe widescale Tesla robotaxi deployment is unlikely in the coming years," Spak added. Still, the bull case around Tesla's robotaxi ambitions highlights the company's potential to provide cost-effective technology. Morgan Stanley analyst Adam Jonas is a Tesla bull with an overweight rating and a $310 price target — reflecting 19% upside.

Persons: it's, It's, Tesla, CFRA's Garrett Nelson, I've, Nelson, Bernstein, Nikhil Devnani, Joseph Spak, Spak, Tesla's, Elon, Bernstein's Devnani, Goldman Sachs, Mark Delaney, Morgan Stanley, Adam Jonas, Jonas, hasn't, CFRA's Nelson, Nelson's, Morgan Stanley's Jonas Organizations: Investors, Tesla, CNBC, LSEG, UBS, Guggenheim, Vehicle Passenger Service Locations: Los Angeles, U.S, Europe, China, Friday's, United States

☆ Helene: Dozens dead as hurricane unleashes life-threatening flooding and knocks out power to millions across Southeast
▼ + stars: | 2024-09-28 | by ( Dalia Faheid | ) edition.cnn.com time to read: +6 min

Here’s the latest:• Deaths across 5 states: Storm-related deaths have been reported in South Carolina, Georgia, Florida, North Carolina and Virginia. North Carolina has activated 358 guardsmen, while Georgia has more than 300 and Alabama has 43, said Sabrina Singh, Pentagon deputy press secretary. • Severe flooding in North Carolina: Helene “is one of the worst storms in modern history for parts of North Carolina,” Gov. Delivery services were also impacted, with UPS announcing it has suspended service to Florida, North Carolina and Georgia because of the storm. In North Carolina, 290 roads were closed throughout the state, and Gov.

Persons: CNN — Helene, Brian Kemp, Glenn Youngkin, •, Sabrina Singh, Biden, Helene, Kamala Harris, Helene “, Roy Cooper, • Helene, Helene –, Keith Turi, “, ” Turi, ” Organizations: CNN, Gov, Tampa ., National Guardsmen, Defense Department, Pentagon, ”, National Weather Service, Amtrak, UPS, FedEx, Health, National Hurricane Center, Federal Emergency Management Agency Locations: Florida’s Big Bend, South Carolina , Georgia, Florida, North Carolina, Virginia, South Carolina, Saluda County, Anderson County, Georgia, Alamo, Pinellas County, Tampa, Claremont, Charlotte, Craig County , Virginia, Carolina, Alabama, Asheville, Southern, Western North Carolina, Tennessee, Ohio, North Carolina , Florida, Florida , North Carolina, Unicoi, Erwin , Tennessee, Bend

☆ John Carter called Katelyn Markham the love of his life. Then, he was charged with her murder.
▼ + stars: | 2024-09-27 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +10 min

On July 18, a judge sentenced Carter, 36, to the maximum prison term allowed under Ohio law — three years. John Carter with Katelyn Markham. Markham stayed home, Carter told authorities. There was no forensic, eyewitness or video evidence that provided a direct link between Carter and Markham’s death, Gmoser said. A litany of questions remained, Gmoser told “Dateline.” Was Markham killed in Indiana?

Persons: John Carter, Katelyn Markham, — Carter, NBC’s, ”, Markham’s, unraveled, Markham’s death.Weeks, Prosecutors, Carter, —, Michael Gmoser, ” Gmoser, Carter didn’t, Dave Markham, Dave, John, Carter —, Papa, Markham, hadn’t, Detectives, Rebecca Ervin, he’d, Gmoser said.Gmoser, they’d, Ervin, “, Carter wasn’t, Gmoser, ” Ervin, Stephen Maynard, Maynard, ‘, wouldn’t, ” Katelyn Markham, Katelyn, ” Paul Newton, ” Prosecutors, Newton, Weeks, ” “ Organizations: “, Fairfield, Fairfield Police Department, FBI, Ford, “ Dateline, ” Locations: Cincinnati, Indiana, Ohio, Butler, Colorado, Papa Johns, Carter’s, Carter

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