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The next generation of the "Internet of Bodies," or IOB, could bring technological devices and the human body closer together than ever before. Academic and author Andrea M. Matwyshyn, who coined the term in 2016, describes it as "a network of human bodies whose integrity and functionality rely at least in part on the internet and related technologies, such as artificial intelligence." Smart glasses, which can function as cameras, headphones or monitors, are another example of early IOB devices. These devices completely merge with the body while maintaining a real-time connection to an external machine and the internet. "As bits and bodies meld and as human flesh becomes permanently entwined with hardware, software, and algorithms, IOB will test our norms and values as a society," she wrote.
Persons: Andrea M, Matwyshyn, Elon Musk's Organizations: Elon Musk's Neuralink, BCI Locations: Elon
With that in mind, the researchers decided to test out how effective the leftover mushroom substrate could be in removing contaminating substances from water. A 2023 report by the European Union's lending arm, the European Investment Bank (EIB), highlighted that conventional wastewater treatment methods do not fully remove micropollutants. In April, EU lawmakers approved new measures for urban wastewater treatment. In New Zealand, researchers have used fungi to treat soil contaminated by the pesticide PCP. "For example, integrating an extra treatment step into an existing wastewater treatment system requires an upfront investment to change the existing infrastructure," she said.
Persons: van Brenk, hadn't, Van Brenk, Diane Purchase, Micaela Mafla Endara, Endara Organizations: Getty, Research, Utrecht University, CNBC, Brunel University London, University of Portsmouth, European Investment Bank, Middlesex University, Lund University Locations: Netherlands, Germany, England, Sonoma County , California, New Zealand, Cleveland , Ohio, Sweden
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe need to get beyond this Fed narrative and start looking ahead to 2025, says RBC's Lori CalvasinaLori Calvasina, RBC Capital Markets head of US equity strategy, and Warren Pies, 3Fourteen Research co-founder, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: RBC's Lori Calvasina Lori Calvasina, Warren Organizations: RBC Capital Markets, 3Fourteen Research
Check out the companies making headlines in midday trading: Dell Technologies — The software stock plunged 22% after executives cautioned that its gross margins could face more pressure in 2025. Zscaler — Shares added 5.2% after the cloud security company posted a fiscal third-quarter earnings and revenue beat. Gap — The clothing retailer soared 26% after posting fiscal first-quarter earnings per share of 41 cents, higher than the 14 cents analysts surveyed by LSEG had expected. The company beat earnings and revenue expectations for the April quarter, but still saw slower-than-expected consumption growth. SentinelOne expects its revenue to fall between $808 million to $815 million in 2024, which was lower than the $817 million forecast by LSEG.
Persons: Zscaler, LSEG, Nordstrom —, Nordstrom, chipmaker, Marvell, MongoDB, Sun Choe, Choe, Cooper, Paycom, Randy Peck, Christopher Thomas, Maheep, CNBC's Hakyung Kim, Yun Li, Jesse Pound, Pia Singh Organizations: Dell Technologies, Lionsgate, Citi, Starz, Nordstrom, Marvell Technologies, Vans, Cooper Companies, Mizuho Locations: Seattle
While stock splits don't affect a company's value, they can catalyze a move higher or lower, according to Wolfe Research. Artificial intelligence chipmaker Nvidia announced a 10-for-1 stock split as part of its quarterly earnings report on May 22. The firm examined the roughly 3,000 stock splits from large-cap U.S. companies since 1993 to examine their impact. Here are the favorable criteria Senyek identified: Large market capitalization Higher absolute share price Multiple stock splits in the past "Larger cap, higher price and multiple splits is the 'sweet spot' for stock splits' signaling mechanism," said Senyek. "For what it's worth, the pending Nvidia stock split meets the three aforementioned positive criteria."
Persons: Dow, Chris Senyek, Senyek, That's, FactSet, Baird, Jack Hartung, Chipotle, Amphenol, — CNBC's Michael Bloom Organizations: Wolfe Research, Nvidia, Dow Jones Industrial, Walmart, Dominion Freight, Old Dominion, Citigroup, CNBC, Amphenol Locations: Old, Connecticut
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy has hit 'stall speed' and could weaken even further from here, says David RosenbergDavid Rosenberg, Rosenberg Research founder and president, joins 'Squawk on the Street' to discuss the data that may have gotten Rosenberg's attention, how the jobs number will impact Rosenberg's view, and more.
Persons: David Rosenberg David Rosenberg, Rosenberg Organizations: Rosenberg Research
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValue meal push could still benefit french fry supplier Lamb WestonPeter Galbo, equity research director at Bank of America Securities, joins CNBC's 'The Exchange' to discuss consumer behavior in quick-service dining, how restaurants are trying to create value, and more.
Persons: Lamb Weston Peter Galbo Organizations: Bank of America Securities
Some stocks on Wall Street are absolutely hated by analysts and investors, but their fundamentals are improving, leaving a potential buying opportunity for contrarian investors, according to UBS. Most analysts currently covering the stock have assigned it a hold rating, with predicted upside of about 16% to consensus price targets. "The iconic automaker continues to enjoy strong profits from its core markets and a policy driven investment cycle in the U.S," the analyst wrote. Most analysts have assigned Airbnb stock a hold rating. The analyst consensus has shares at a hold rating, with predictions suggesting the stock could rise an average of 26% from its Thursday close.
Persons: Jonathan Golub, Bernstein, Daniel Roeska's, Wedbush, Scott Devitt, Ben Chaiken, Jan, Chaiken, Clorox, Estee Lauder, — CNBC's Michael Bloom Organizations: UBS, Stocks, Wall, Ford Motor, Ford, Cruise, Mizuho, Pfizer, Gartner, Northern Trust
Thomas Coex | Afp | Getty ImagesThe oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts told CNBC, even as focus shifts from Middle East tensions to summer demand. OPEC+ producers are currently implementing a combined 5.86 million barrels per day of supply cuts. And then August is the peak month for tightness," Viktor Katona, lead crude analyst at Kpler, told CNBC. "However, I think that the market right now has priced in a full extension of the voluntary cuts. A high-inflation environment and tight monetary policy in turn reined in oil demand, but central banks have signaled readiness to lower interest rates in the second half of the year.
Persons: Thomas Coex, Viktor Katona, overproducers, Jorge Leon, Yemen's, Tamas Varga Organizations: Organization of, Petroleum, Afp, Getty, CNBC, Energy, Market Research, PVM Oil Associates, United Arab Emirates Locations: OPEC, Vienna, China, Iraq, Kazakhstan, Paris, Ukraine, Gaza, Red, Saudi Arabia, Russia, Guyana, Brazil, Canada
Nvidia is the key to how stocks will perform in the next few months as investors head into a seasonally weak period for markets, with the macroeconomic picture once again a center of attention. Stocks capped a winning month in May after a strong earnings season and signs of easing inflation buoyed investor optimism. .VIX YTD mountain CBOE Volatility Index In fact, the CBOE Volatility Index, known as Wall Street's fear gauge, is currently at 14. The broad market index was last around 5,220. Traders will have to rely on macroeconomic data for the next several weeks, including the May jobs report that's on deck next Friday.
Persons: Stocks, what's, Olivier Sarfati, Sarfati, Jensen Huang's, Josh Brown, Jonathan Krinsky, Jeff deGraff, CNBC's, deGraff, Rob Ginsberg, JC O'Hara, Roth, Dow Jones, Thomas Urano, Jobs, Cook Organizations: Nvidia, Nasdaq, Dow Jones, Ritholtz Wealth, Semiconductors, VanEck Semiconductor, Macro, Wolfe Research, Advisory, PMI, Manufacturing, Hewlett Packard Enterprise, Body, Services PMI, Labor, Girls Global, University of, District of Columbia, Consumer Credit Locations: Smucker, Washington
“Our research approach is community science,” Lohi, who was corresponding author on the study, told CNN. Researchers dubbed the cats' unusual coat coloring as salmiak, or “salty licorice,” after a popular Finnish candy. Now that salty licorice cats are officially a thing, could they become the next designer breed? “It is possible that breeders will choose to develop a population of salty licorice cats,” Lohi said. “However, the health of the salty licorice cats should be followed in more detail to confirm the absence of any color-related health issues.” Tailored genetic testing could be used to ensure the cats are bred without passing on dangerous genes.
Persons: Hannes Lohi, ” Lohi, Lohi, , Greg Barsh, ” Barsh, ” Amanda Schupak Organizations: CNN, University of Helsinki, Genetics, Stanford University Locations: Petäjävesi, Finland, Finnish, New York City
Read previewIn the fierce fight for the best and brightest across finance, tech, and more, Ken Griffin's Citadel and Citadel Securities have expanded their pursuit of the freshest talent. There's a growing awareness from top students about finance beyond the big-name banks, according to Fabian Figi, Citadel Securities' head of campus recruiting. Citadel Securities also holds a Ph.D. summit, where advanced graduate students can present their research to firm leaders. Citadel Securities CEO Peng Zhao. Tina Lu, a former Citadel Securities intern at the Wisconsin bubble, said it's a hallmark of the firm to let people prove themselves.
Persons: , Ken Griffin's, It's, We've, Matt Mitro, Goldman Sachs, There's, Fabian Figi, Griffin, Citadel's, Figi, Shehan Suresh, Peng Zhao, Suresh, Tina Lu, I've, Lu, Mitro Organizations: Service, Citadel Securities, Business, Citadel, JPMorgan Chase, New, MIT, Stanford, Georgia Tech, University of Texas, Carnegie Mellon, Oxford, Harvard, Ivy League Locations: Wisconsin, New York, Miami, Chicago, Penn, Harvard, Fort Lauderdale
Robotaxi operator Pony.ai has begun testing rides with human staff inside between a suburb of Beijing and a major high-speed train station. By the end of this year or early next year, Zhang expects the train station route will be fully driverless, with no human staff inside. BEIJING — In three years, China's capital city of Beijing has taken rapid steps toward letting robotaxis operate closer to the city center. By the end of this year, Zhang expects the city will allow robotaxi operation around Beijing Capital International Airport to the north. In three to five years, Zhang expects Beijing will allow robotaxis throughout the city.
Persons: Pony.ai, Zhang, Ning Zhang, WeRide Organizations: Beijing South Railway, CNBC, BEIJING —, Daxing International, Baidu, Beijing Capital International Airport, Toyota Locations: Beijing, Yizhuang, Pony.ai, BEIJING, China
Paul Sankey talks how to play oil after worst month of 2024
  + stars: | 2024-05-31 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPaul Sankey talks how to play oil after worst month of 2024Paul Sankey, Sankey Research president and lead analyst, joins 'Fast Money' to talk how to navigate oil and energy investing right now.
Persons: Paul Sankey Organizations: Sankey Research
Here are a few other tips from career experts for new grads to consider. Your field might also have all sorts of professional associations — for examples, in accounting there's the American Accounting Association; in dentistry there's the National Dental Association. "And that is such a great way to grow your skills and your network and your reputation," says career coach Phoebe Gavin. Some of these associations may have job boards, but they're also a great way to meet people who could open those kinds of doors down the line. Both those clubs you were in and the professional associations offer good opportunities to contact people for informational interviews.
Persons: you've, Gorick Ng, Phoebe Gavin, It's, they're, Gavin, I'm Organizations: National Center for Education Statistics, Harvard, American Accounting Association, National Dental Association
CNN —Astronomers were in for a surprise when NASA’s Lucy mission flew by an asteroid named Dinkinesh in November and spotted a contact binary — two smaller space rocks that touch each other — orbiting the asteroid like a moon. “Basically, the planets formed when zillions of smaller objects orbiting the Sun, like asteroids, ran into each other. The Lucy mission captured additional imagery revealing that the asteroid Dinkinesh’s moon is actually two space rocks that are touching one another. Too distant to be seen in detail with telescopes, the asteroids will get their close-up when Lucy reaches the Trojans in 2027. The mission borrows its name from the Lucy fossil, the remains of an ancient human ancestor discovered in Ethiopia in 1974.
Persons: NASA’s Lucy, Dinky ”, , Hal Levison, Lucy, Dinkinesh, Goddard, Johns Hopkins, Keith Noll, Jessica Sunshine, ” Levison, Sunshine, Selam, “ I’m, , NASA Galileo, Ida, Lucy’s, NASA Lucy, ” Sunshine, Dinky Organizations: CNN —, Southwest Research, NASA, Goddard Space Flight, University of Maryland, College Locations: Boulder , Colorado, Greenbelt , Maryland, Dinkinesh, Ethiopia, Jupiter
Shares of British luxury sports car manufacturer Aston Martin are set to rise more than twofold in the next 12 months, according to analysts from Barclays. The investment bank has an overweight rating on the stock at a price target of £300 ($380.79), giving it potential upside of about 116.5% from its closing price of £138.60 on May 30. Aston Martin is listed on the London Stock Exchange under the ticker AML. Shares in Aston Martin are down some 46.5% in the last 12 months. BP Another stock with massive upside potential on Barclays' radar is British oil and gas player BP .
Persons: Aston Martin, defensives, — CNBC's Michael Bloom, Jenni Reid Organizations: Barclays, London Stock Exchange, Aston, BP, London Stock Locations: Aston Martin, U.S, Europe
Costco has multiple levers of growth at its disposal, which should lead to a further boost in the stock even after its already impressive year-to-date gains. "If you're disappointed, go to another stock," Jim Cramer said during Friday's Investing Club's Morning Meeting . Jim said investors should not be concerned about the pullback because the stock often drops the day after earnings. COST 1Y mountain COST 1-year stock performance. In addition to exceeding estimates on the top and bottom lines in its fiscal 2024 third quarter, Costco turned in a better-than-expected 6.5% comparable sales increase.
Persons: Jim Cramer, Jim, Costco, Ron Vachris, Gary Millerchip —, Millerchip, Vachris, D.A, Davidson, Redburn, Rich Galanti, it's, Jim Cramer's, John Keeble Organizations: Costco, Walmart, Kroger, Costco Logistics, CNBC, Lakeside, Getty Locations: U.S, Japan, Korea, China, Grays, United Kingdom
Bangkok, Thailand has seen an 18.1% growth in residential rental prices on a year-on-year basis, according to JLL. Alexander Spatari | Moment | Getty ImagesSingapore and Hong Kong are generally considered Asia's more vibrant real estate markets. But some up-and-coming cities are giving these traditional hubs a run for their money, with some even beating them on rental yields. The following four cities have led the recovery in rental growth in Asia so far this year:Bangkok, ThailandResidential rental growth in Q1 2024 (y/y): +18.1% Average price to rent: THB 8,292 (about $226) per square meter annually "Rental demand has been surging in Bangkok," Allan said. This rental growth has been influenced by the stronger rent prices recorded in new high-quality offerings in the city, according to the report.
Persons: JLL, Alexander Spatari, Hong Kong, Roddy Allan, Allan, Ho Organizations: Getty Images, realty, Pacific Chief, CNBC Locations: Bangkok, Thailand, Getty Images Singapore, Hong Kong, Hong, Ho Chi Minh City, Jakarta, Manila, Asia, Pacific, expats, Vietnam, Indonesia, Philippines
New York CNN —On online forums that have previously been linked to mass shootings, people are threatening violence and attempting to publicly identify the 12 New York jurors who on Thursday decided to convict former President Donald Trump. The calls for retribution began immediately after the verdict was announced. “Hope these jurors face some street justice,” one anonymous user on a pro-Trump forum wrote. The judge in the Trump New York trial issued an order in March agreeing with prosecutors that most information about the jurors would be sealed. Last summer, purported names, photographs and home addresses of grand jurors in Fulton County, Georgia, circulated on the far-right internet after the grand jury voted to indict Trump.
Persons: Donald Trump, suggestively, , ” Ben Decker, Daniel Jones, Trump Organizations: New, New York CNN, Trump, Trump New, CNN, Advance Democracy Locations: New York, Trump New York, Fulton County , Georgia, Lago, Florida
New Japanese 1000 Yen banknote on display inside the Currency Museum of the Bank of Japan's Institute for Monetary and Economic Studies. Data from Japan's Ministry of Finance on Friday confirmed the country's first currency intervention since 2022, after the yen plunged to a 34-year-low in April. The ministry on Friday stated Japan spent 9.7885 trillion yen ($62.25 billion) on currency intervention between April 26 and May 29, according to a Google-translated statement. Japan last intervened to stabilize the currency in October 2022, when the yen fell to lows of around 152 per dollar. Authorities intervened three times that year to stabilize the currency, reportedly spending as much as a combined 9.2 trillion yen over the period.
Persons: Shunichi Suzuki, Suzuki, CNBC's Dan Murphy Organizations: Currency Museum, Bank of Japan's Institute for Monetary, Economic Studies, Japan's Ministry of Finance, U.S, Bank of America Global Research, Bank of Japan, Japanese Finance, Authorities Locations: Japan, London
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMrBeast is the most successful YouTuber of all time, but copying him isn't likely to yield the same results. Some have the same type of thumbnail, same overlay text, and even visit the same places Donaldson does. "His content doesn't succeed because of what you can see on the surface or flash-in-the-pan trends. Copying Donaldson will also not work because he has such vast resources that almost nobody else has access to, so any copycats are likely to be underwhelming.
Persons: , YouTuber Jon Youshaei, Jimmy Donaldson, Donaldson, Youshaei, Ryan Trahan, Ryan, Gilbert Flores, Xavier English, Supermix, he'd, Katya Varbanova, copycats, aren't, Varbanova, you'll, It's, Kaye Putnam, Putnam Organizations: Service, YouTube, Business, Getty, Xavier
“Art is one of our oldest creations (humans invented paint long before the wheel), one of the earliest means of communication (we drew long, long, long, long before we could write), and one of our most universal urges,” she wrote. But when you watch artists making art, it is a physical experience. Different art forms affect the brain and body in different ways. Just as when we are prescribed medications, (it’s true that) types, doses and durations of art work differently for different people. And just one art experience per month can extend your life by 10 years.
Persons: Susan Magsamen, , Ivy Ross, Bianca Bosker, , Marco Brambilla’s, Leon Neal, Rothko, , Cy, Benjamin Krantz, Bianca, Jessica DuLong Organizations: CNN, Research, Getty, Physicians, Viking CNN Locations: London, Houston, Brooklyn , New York
From curries to noodle dishes, these Asian and Asian-American dishes can be made in a slow cooker. Chef Hugh Acheson recommends making Thai chicken soup in a slow cooker. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Asian and Asian-American cuisine is exceptionally popular in the US — a 2023 report by the Pew Research Center found that around 73% of all counties in the US have at least one Asian restaurant in their vicinity. The report found that Chinese restaurants are, by far, the most popular kind of Asian restaurant, followed by Japanese and Thai establishments.
Persons: Hugh Acheson, Organizations: Service, Pew Research Center, Business
The U.S. secretary of defense, Lloyd J. Austin III, and China’s minister of defense held their first face-to-face talks in 18 months on Friday, against a backdrop of distrust over Taiwan, the South China Sea and other regional disputes. President Biden has made the case that high-level communication channels between the United States and China had to remain open to prevent potential clashes between two of the world’s most powerful militaries. Yet military issues have remained the most intractable area of tension between the two nations, and expectations for the meeting between the defense chiefs in Singapore were modest. “These are not negotiations with the intention to compromise,” said Drew Thompson, a visiting senior research fellow at the Lee Kuan Yew School of Public Policy at the National University of Singapore who formerly served as a Pentagon official dealing with the Chinese military. “This is an opportunity for the two sides to exchange well-established talking points.”
Persons: Lloyd J, Austin III, Austin, Dong Jun, Biden, , Drew Thompson, Lee Organizations: Mr, Russia, Lee Kuan Yew, of Public, National University of Singapore, Pentagon Locations: Taiwan, South, Singapore, Beijing, China, Ukraine, United States
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