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CNN —After a series of mishaps, trucks of humanitarian aid are now beginning to roll onto the US military pier off the Gaza coast at a steadier pace. The US military says it is now moving about 800 pallets of humanitarian aid per day to Gaza via the temporary pier, or roughly 40 trucks. Humanitarian aid operations in Gaza have been severely hampered by an increase in Israeli military operations over the past month and humanitarian aid officials say lawlessness and looting are also on the rise. The Israeli military says it has been getting hundreds of aid trucks into Gaza recently, blaming humanitarian aid agencies’ lack of capacity for not picking up and distributing the aid. Pressed on criticism from humanitarian aid groups that the US’s $230-million effort would have been better spent pressuring Israel to get more aid into Gaza via land routes, Capt.
Persons: Leo Correa, Joe Biden, Israel, Joel Stewart, Organizations: CNN, Food, Army, Pentagon, Navy Locations: Gaza, Israeli, American
Paris CNN —When Paris last hosted the Summer Olympics 100 years ago, organizers were so keen to bring athletes under the same roof that they built the first-ever Olympic Village. Athletes sitting in front of a cabin in the Olympic Village at the 1924 Summer Olympics in Paris, France. The site for the Olympic Village was chosen in the hopes it would revitalize some of the city’s historically impoverished northern suburbs. A stool made from recyclable cardboard on display in the athletes' accommodation in the Olympic Village in Saint Denis, France. Nathan Laine/Bloomberg/Getty ImagesA cardboard bed inside an athletes' room at the Olympic Village in Saint Denis, France.
Persons: , Georgina Grenon, Denis, Saint, , Nathan Laine, Grenon, Joshua Berlinger, ” Grenon, Jerome Giacomoni, Giacomoni, ” Sebastian Coe, Laurent Michaud, Paris Mayor Anne Hidalgo, , ” Hidalgo, Vandoorne, Derek Van Dam Organizations: Paris CNN —, Paris, Topical, Hulton, Olympic, Organizers, Games, BBC, Bloomberg, Getty, CNN, World, Paralympic, International Energy Agency, Reuters, Paris Mayor Locations: City, Paris, France, Saint, Ile, London, Seine, Tokyo, Saint Denis, Europe
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The tech-centric Nasdaq Composite remained flat, while the Dow Jones Industrial Average had its best week since May, rising 1.45%. The yield on the 10-year Treasury ticked higher and U.S. oil prices rose 2.9% for the week. [PRO] Comeback stocksThe S&P 500 has soared to record levels, fueled by the AI boom, but not all stocks are riding the wave.
Persons: JPMorgan Chase, Goldman Sachs, Tesla, Elon Musk, Musk, Tim Lugo, William Blair's Organizations: CNBC, Nvidia, Microsoft, Apple, Nasdaq, Dow Jones, Citigroup, JPMorgan, Bank of America, Apple Intelligence, Union, Therapeutics, FDA, Organization for Rare Disorders, Nike, Starbucks Locations: U.S
A collection of stocks with strong earnings potential and discounted valuations may be a good way for investors to find value in the market. CVX YTD mountain Chevron stock. FDX YTD mountain FedEx stock. Altria Group is the most discounted stock on the list, with the stock's trailing 12-month P/E representing a 116% haircut compared with its five-year average. MO YTD mountain Altria Group stock.
Persons: Peer, haven't, Mike Wirth, Thomas Wadewitz Organizations: Nvidia, Broadcom, Qualcomm, CNBC Pro, CNBC, Stock, ., Chevron, Exxon Mobil, FedEx, UBS, U.S . Postal Service, Altria, U.S . Food, Drug Administration, Conagra Brands, Marathon Petroleum Locations: U.S
Greek authorities said on Monday that the body of a missing German man was recovered near a gorge on the island of Crete, the latest in a series of fatal incidents involving tourists undertaking demanding hikes in the scorching heat. At least 10 tourists have gone missing or been found dead this year in similar circumstances, according to Greek authorities. The 67-year-old man’s body was found in “rugged and inaccessible terrain” near the Tripiti Gorge in southwestern Crete, the fire service said in a statement. Early Monday, the fire service sent a helicopter, though it took responders several hours to reach the body. He did not know his location, but the authorities traced his cellphone signal.
Persons: Constantina Locations: Crete
FirstEnergy CEO on U.S. heat wave
  + stars: | 2024-06-24 | 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 EmailFirstEnergy CEO on U.S. heat waveFirstEnergy CEO Brian Tierney joins 'Money Movers' to discuss the company's response to the U.S. heat wave, the impact of data centers, and more
Persons: Brian Tierney Locations: U.S
Sentono had registered for the Hajj in 2018 and traveled to Mecca with his 83-year-old wife and neighbors from the Indonesian city of Yogyakarta, Jumartiyah said. Some 241,000 Indonesian pilgrims were scheduled to make the journey to Mecca this year, according to Indonesian officials – the country’s largest ever quota. Mecca, the holy city that is central for Hajj pilgrims, saw temperatures soar to a record 125 degrees Fahrenheit (51 Celsius) on Monday. “Everybody is affected by deadly heat and sadly I am not surprised by (the Hajj) death toll,” he added. “Spending time outdoors in the extreme Mecca heat is risking death … so I am afraid there will be more deadly Hajj pilgrimages in the future.”
Persons: Heru Jumartiyah, Ngatijo Wongso Sentono, , Sentono, Jumartiyah, , ” Jumartiyah, Pariyem, , CNN ‘, Ahmad, Maximiliano Herrera, ” Herrera Organizations: CNN, Saudi, Indonesian Ministry of Religious Affairs Locations: Indonesian, Mecca, Indonesia, Mina, Yogyakarta, Hajj, Saudi, Saudi Arabia,
The unusually early heat wave that shattered temperature records across the Northeast, Mid-Atlantic States and Midwest last week is expected to subside by Monday, bringing relief to tens of millions of Americans. The National Weather Service forecast lower temperatures for much of the Mid-Atlantic on Monday. Philadelphia is also expected to have a much lower heat index value, at 82 degrees, down from 104 on Sunday, forecasters say. Places like Baltimore and Dulles, Va., broke daily temperature records two days in a row. But regions in the Southeast and Southern Plains are expected this week to remain hot — possibly at dangerous levels — with potential highs in the low 100s, according to the Weather Service.
Organizations: National Weather Service, Weather Service Locations: States, Midwest, Washington, Philadelphia, Trenton , N.J, East Coast, Baltimore, Dulles, Va, Southeast, Southern Plains, Kansas , Oklahoma , Arkansas , Mississippi , Alabama, Georgia, Florida
After decades of wielding political, military and economic power across Africa, France is scaling back its presence on the continent as it faces significant resentment in many of its former colonies. Yet one nation has emerged as an exception: Rwanda. In return, French companies are scaling up their investments in Rwanda. The détente, which is being championed by Rwanda’s longtime leader, Paul Kagame, has garnered France a much-needed security partner in Africa and secured Rwanda millions of dollars in development and trade funds. “We have a partner in Kagame,” Hervé Berville, a French minister of state, said in an interview in the Rwandan capital, Kigali.
Persons: Rwanda’s, Paul Kagame, Emmanuel Macron, Kagame, ” Hervé Organizations: France Locations: Africa, France, Rwanda, Paris, French, Rwandan, Kigali
In Dagestan, Russian security forces fought an Islamist insurgency in the mountainous region in the 2000s that spilled over from neighboring Chechnya, though attacks have become rarer in recent years. Russian President Vladimir Putin attends a meeting with his election campaign confidants at the Kremlin in Moscow, Russia March 20, 2024. ISIS-K attack on music venueThe coordinated attacks in Dagestan come just weeks after Russia suffered its worst terror attack in decades. For a leader who has long promised security and stability to Russians, the major attack on Russian soil was another powerful blow. In the aftermath of the March attack, Putin called for Russia to remain united.
Persons: Vladimir Putin’s, Putin, Ramzan Kadyrov, Jill Dougherty, Vladimir Putin, confidants, Evgenia Novozhenina, Bashar al, Assad, Prince Mohammed bin Salman, Benjamin Netanyahu, Organizations: CNN, ISIS, Ukraine grinds, Russian Jewish Congress, Attackers, TASS, Russian Federation, Soviet, Hamas, Makhachkala Uytash Airport, Kremlin, Reuters, Saudi, Israeli, Central, Migrants, Kazakhstan — Locations: Russia, Russia’s, Dagestan, Moscow, Derbent, Makhachkala –, Makhachkala, Russian, Republic of Dagestan, Russia’s Caucasus, Caucasus, Soviet Union, Chechnya, , Grozny, Ukraine, , Gaza, Israel, CNN Moscow, Reuters Russia, Iran, Soviet, Tajikistan, Uzbekistan, Kyrgyzstan, Turkmenistan, Kazakhstan
Scientists recently identified the animal’s nerve cord by using a topsy-turvy twist. In 2012, after decades of studying Pikaia fossils, researchers described its fossilized internal structures in great detail. However, recent analysis of Pikaia fossils by another team of scientists, published June 11 in the journal Current Biology, has upended this view and all other earlier studies about Pikaia. The presumed blood vessel was a nerve cord, a feature associated with the animal group known as chordates, in the phylum Chordata. While there are no living analogues for Pikaia, the fossil arthropod data gave the scientists a more detailed frame of reference for Pikaia’s nerve cord.
Persons: Charles Doolittle Wolcott, Giovanni Mussini, Pikaia, , Jon Mallatt, Mallatt, “ Pikaia’s, Jakob Vinther, Mussini, ” Mussini, we’ve, ” Mallatt, ” Mindy Weisberger Organizations: CNN, Smithsonian National Museum of, Royal Ontario Museum, University of Idaho, University of Bristol, University of Cambridge, Scientific Locations: Burgess, British Columbia, macroevolution, United Kingdom, mudskippers, chordates
A view of the U.S. Supreme Court building in Washington, U.S., June 17, 2024. WASHINGTON — The Supreme Court on Monday waded into the contentious debate over gender-affirming care for transgender minors by agreeing to resolve challenges to a law in Tennessee that seeks to restrict it. The justices will review an appeals court ruling that upheld the measure. In a separate case, the court in April allowed Idaho to mostly enforce a similar law. The plaintiffs then asked the Supreme Court to step in.
Persons: WASHINGTON —, Elizabeth Prelogar, Jeffrey Sutton, Neil Gorsuch Organizations: U.S, Supreme, WASHINGTON, Movement Advancement, Biden, Circuit Locations: Washington , U.S, Tennessee, Idaho, Kentucky, Cincinnati, West Virginia
Since briefly becoming the world's most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak. Nvidia's decline brought with it a slide in chipmakers and other tech companies that have been tied to the artificial intelligence boom. Super Micro Computer , which sells servers packed with Nvidia's AI chips, slid 8.7 percent, and Dell , which competes in that market, fell 5.2%. Last week, it topped Apple and Microsoft as the most valuable U.S. company with a market capitalization over $3 trillion before giving up some of those gains. Later this year, Nvidia will start shipping its next-generation AI chips, called Blackwell, that some analysts say could kick off another cycle with significant growth for the chipmaker and its partners.
Persons: it's, Stephanie Link, Blackwell, Ray Wang Organizations: Nvidia, Micro Computer, Dell, Qualcomm, Broadcom, Apple, Microsoft, CNBC, Google, Oracle, Meta, Constellation Research Locations: U.S
Cramer's optimistic about the homebuilding sector
  + stars: | 2024-06-24 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
CNBC's Jim Cramer on Monday reviewed recent earnings from two major homebuilding companies, Lennar and KB Home , saying he feels good about the sector as a whole even though Wall Street favored the latter last week. "Even though Lennar went down and KB Home went up after both reported last week, I'm pretty positive on both stories, and the homebuilders more generally," Cramer said. "While this should theoretically be a tough space if rates stay higher for longer, the housing shortage hasn't gone anywhere." Wall Street seems unsure of how to treat these stocks, Cramer said, as they started the year strong when investors thought several rate cuts were on the horizon. Cramer said he likes KB Home and feels "more sanguine" about Lennar than Wall Street, adding the two are using two different strategies.
Persons: CNBC's Jim Cramer, Lennar, Cramer, Lennar's Organizations: KB, Wall, Federal Reserve
That's a slightly different approach than some other AI tools that focus on automating aspects of a creator's workflow. Advertisement3 ways AI could impact the creator economy, according to BakausAI could upend short-form video and help longer-form content thrive. Short-form video, however, has had a harder time forming those deep connections, which makes it easily replaceable, Bakaus said. It's usually the thing that most people outsource the last, not because they don't necessarily want help," Bakaus said. And, AI tools can help with overall ideation, he said.
Persons: , Paul Bakaus, Bakaus Organizations: Service, Business, YouTube
Instead, they influenced the rapid buildup of a kind of shadow White House policymaking apparatus spearheaded by former Trump administration officials. The groups aren’t officially affiliated with Trump’s campaign and have at times gotten crosswise with Trump’s political advisers. Several of the outside groups designed to advance Trump’s policy goals are doubling as a clearinghouse for potential second-term job candidates. Their operations are led by former Trump White House aides who were instrumental in efforts to weed out officials who disagreed with Trump toward the end of his first term. The group he left quickly hired another former senior Trump White House personnel official to replace him.
Persons: Donald Trump, , , Trump, He’s, Trump’s, they’ve, Joe Biden isn’t, Hillary Clinton, Alberto Mier, doles, Utah Sen, Mitt Romney, Jeff Flake, Pat Toomey, Bob Corker, Lamar Alexander, Roy Blunt, Rob Portman, Arizona Sen, John McCain, Paul Ryan, Mitch McConnell, Ryan, McConnell, Roe, Wade, Don McGahn, Steve Vladeck, , It’s, Susie Wiles, Chris LaCivita, ” Trump, ” Troup, ” “, ” Hemenway, John McEntee Organizations: CNN, Republican, Republicans, Trump, Getty, Capitol, Ten, GOP, Arizona, Kentucky Republican, White, Georgetown University, America, Institute, Center, White House, Conservative, Trump White House, Republican Party Locations: Iowa, Washington, New York, Kentucky, America, Milwaukee, Gaza
In 2020 the Puerto Rican government transferred management of the electric grid to a newly minted Canadian-American private company, Luma Energy. It promised to bring clean, reliable energy to Puerto Rico after the state-owned Puerto Rico Electric Power Authority filed for bankruptcy and Hurricane Maria knocked out the island’s ailing electric grid. So why is it that four years later, my mom is still cursing in the dark? Puerto Rico’s power crisis illustrates the consequences of putting essential services in the hands of a private entity. Puerto Ricans deserve a power grid that works for them, not against them.
Persons: Hurricane Maria Organizations: Puerto, Luma, Puerto Rico Electric Power Authority, Hurricane, Puerto Ricans, Puerto Rico Locations: San Juan, P.R, Puerto Rican, American, Puerto Rico, Puerto
The end of the unusually early heat wave that gripped much of the United States over the past seven days is in sight. Baltimore reached 101 degrees, breaking the daily high temperature record of 100 degrees, set in 1988. And in Dulles, Va., the temperature reached 100 degrees, breaking the previous record of 99 degrees, also set in 1988. The National Weather Service warned that the heat wave could be the longest experienced in decades for some locations. The health consequences of this heat wave are starting to show up in the data.
Organizations: National Weather Service, Washington , D.C, Baltimore, Centers for Disease Control Locations: United States, States, East Coast, Washington ,, New York, Dulles, Va, New England, Ohio, Detroit, Chicago
Here’s the latest:• Heat wave shifts to mid-Atlantic: As heat alerts persist for over 100 million people over the weekend, the extreme heat risk will spread from the Ohio Valley on Saturday to the Mid-Atlantic on Sunday. Highs across the Ohio Valley and Mid-Atlantic have been 10 to 15 degrees above average. “An intense heat wave will continue across the Mid-Atlantic, where record high temperatures are likely,” the National Weather Service said Saturday. • Flooding prompts evacuations in Iowa: In Rock Valley, Iowa, all homes north of Highway 18 were evacuated amid high floodwaters Saturday. On Sunday, storms are possible across New England and southwestward though the Mid-Atlantic, Ohio Valley and Tennessee Valley, according to the weather service.
Persons: It’s, , , Daniel Heitritter, Kim Reynolds, Regan Smith, Smith, Sioux Falls Mayor Paul TenHaken, TenHaken, Tim Walz, ” Walz, Andres Leighton Organizations: CNN, National Weather Service, Baltimore, Iowa Gov, , Emergency, Sioux Falls Mayor, Saturday, Gov, Minnesota National Guard, FBI, Swiss Chalet, South, Storm Prediction Locations: New Mexico , Iowa, Minnesota, South Dakota, Ohio, California , Arizona, Utah, Baltimore, Washington, DC, Iowa, Rock Valley , Iowa, Spencer Saturday, • Iowa, Rock, Wisconsin, Sioux Falls , South Dakota, City, Sioux Falls, Sioux, Mexico, New Mexico, Ruidoso , New Mexico, New, New England, Mississippi Valley, Lakes, Mississippi, Atlantic, Ohio Valley, Tennessee, England, New Hampshire, Vermont
Against that uncertain backdrop, Wall Street analysts are focused on identifying stocks with solid fundamentals and strong long-term growth prospects. In that climate, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Finally, Feinseth mentioned Microsoft's strong financial position, which supports enhanced shareholder returns and enables investments in the company's AI ambitions. The company's Zscaler Zero Trust Exchange platform securely connects users, devices and applications by protecting them from cyberattacks and data loss. Following the Zenith Live 2024 event, Baird analyst Shrenik Kothari reaffirmed a buy rating on Zscaler stock with a price target of $260.
Persons: Kevin Scott, TD Cowen, Helane Becker, Becker, TipRanks, OpenAI, Ivan Feinseth, Feinseth, Baird, Shrenik Kothari, Zscaler, Kothari Organizations: Microsoft, Technology, Artificial, Seattle Convention Center, Federal Reserve, Street, Delta Air, Delta Air Lines, DAL, Delta, Activision Blizzard, Zero, Zenith Locations: Seattle, Seattle , Washington, Toronto, Delta
Editor’s Note: Mijal Bitton, PhD, is the spiritual leader of the Downtown Minyan in New York City and a sociologist of American Jews. I have heard from many young Jews around America newly awakened to their Judaism. These young Jews have different backgrounds and political views, but they share the life-altering experience of deep disillusionment with previous professional or social homes. Young American Jews today are realizing that they, too, can be made to feel unwanted in their own homes. But for most of us American Jews, Zionism is the belief that Jews have a right to self-determination in their historical homeland.
Persons: Bitton, CNN —, Israel, Mijal, Nir Arieli, , Magen Davids, dogtags, don’t, , I’ve, “ Hitler, , it’s Organizations: Downtown, CNN, Nova, White, New York University, Young, Jewish, Hamas, UC Santa Barbara Jewish, UCLA, Columbia, Twitter, Facebook Locations: New York City, United States, France, Israel, Lower Manhattan, Washington, New York, America, Europe, israel, Poland
The intense and unusually early heat wave that has blanketed much of the Northeast for the past week continued on Sunday to scorch New Jersey, where excessive heat warnings or heat advisories were in effect in most of the state, according to the National Weather Service. Temperatures throughout the region were more than 10 degrees above average on Sunday, according to Joe DeSilva, a meteorologist with the Weather Service. Trenton, the state capital, reached 98 degrees — just two degrees shy of the city’s hottest recorded temperature, last logged in 1952, he said. The worst of the sweltering heat should be over by Sunday evening, Mr. DeSilva said, though temperatures were expected to remain in the 80s in the coming week. Pet owners should also monitor their animals for signs of overheating, such as excessive panting, drooling and lethargy, officials said.
Persons: Joe DeSilva, DeSilva Organizations: National Weather Service, Weather Service, Sunday Locations: scorch New Jersey, Trenton
Heat Wave Enters 7th Day, but the End Is in Sight
  + stars: | 2024-06-23 | by ( Kate Selig | ) www.nytimes.com   time to read: 1 min
The end of the unusually early heat wave that gripped much of the United States over the past seven days is in sight. But first, the country will need to endure another day, possibly two, of scorching hot temperatures in the Mid-Atlantic States and along the I-95 urban corridor on the East Coast. The National Weather Service predicts that the heat wave, which has more than 100 million people under heat advisory alerts, will last through early this upcoming week. The Mid-Atlantic States and cities along the I-95 urban corridor, from Washington, D.C., to New York, will continue to simmer through Sunday. Heat advisories have been issued for areas east of the Blue Ridge Mountains, where the heat index — a measure of how the heat feels with humidity taken into account — is forecast to range between 100 and 108 degrees.
Organizations: National Weather Service, Washington , D.C Locations: United States, States, East Coast, Washington ,, New York
East Coast Natureworld in Tasmania, Australia, is hiring a “wombat walker” who will help keep these fuzzy marsupials in peak physical condition. Tasmania is also looking for a volunteer paranormal investigator to spend a day (or night …) checking out a spooky abandoned asylum. Now, travelers are looking at Norway and Sweden in the summer while checking out flights for Greece in the cooler fall and spring. New Zealand Prime Minister Christopher Luxon alights from a Royal New Zealand Air Force aircraft. But New Zealand Prime Minister Christopher Luxon isn’t just any ordinary traveler.
Persons: , Petros Giannakouris, Sarah Hamouda, Christopher Luxon alights, Andrew Kutan, grumbling, Christopher Luxon isn’t, Luxon, Michelle Wibowo, Simon Jacobs, Edamame Sheeran, Benedict Cucumberbatch, it’s Organizations: CNN, Zealand, Royal New Zealand Air Force, Getty, Air New Zealand –, Qatar Airways, Virgin Australia Locations: Dubai, East Coast, Tasmania, Australia, Athens, Greece, Italy, Hong Kong, Norway, Sweden, AFP, Japan, Air, Doha, South Korea, Matera
Here’s the latest:• Millions of Americans under heat alerts: More than 100 million Americans, including those in the highly populated I-95 corridor, are under heat alerts through the weekend. A heat emergency is in effect for Washington, DC, where upper 90s and even triple-digit temperatures for the first time since 2016 will be possible. Washington, DC, Mayor Muriel Bowser said an extended heat emergency will remain activated throughout the weekend and into next week. Philadelphia has heat alerts in place through the weekend, with temperatures expected to feel close to 99 degrees. New Jersey’s heat alerts are in effect until 8 p.m. Sunday, according to the National Weather Service.
Persons: Alberto, , , , Muriel Bowser, Wes Moore, Kathy Hochul, Eric Adams Organizations: CNN, National Hurricane Center, California Department of Forestry, South, FBI, National Weather Service, ., . Maryland Gov, New, Gov, Tuesday, New York City, state’s Department of Public Health Locations: Ohio, Mexico, Washington, DC, Gulf, South Texas, California, Colusa County, New Mexico, Ruidoso, Ruidoso Downs, Washington , DC, . Maryland, New York City, New York, Philadelphia, California , Arizona, Utah, Salt Lake City, Las Vegas , Sacramento, Bakersfield , California
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