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☆ For 60 years, the US Navy has been training dolphins and sea lions to keep rivals away from its most sensitive hardware
  + stars: | 2022-12-29 | by ( Gidget Fuentes | ) www.businessinsider.com   time to read: +16 min
The US Navy has been training dolphins and sea lions to detect undersea threats since the 1960s. A US Navy trainer with a Mark 5 Marine Mammal sea lion in Key West in October 1990. The program worked with sharks, rays, and sea turtles but settled on dolphins and sea lions. US NavyThe Navy Marine Mammal Program's budget for 2023 provides $40 million for "food, medicine, veterinary care, husbandry, and facilities," Wilson said. A US Navy sea lion jumps into a riverine command boat during a mine-countermeasures exercise in Bahrain in November 2014.
☆ These are the top 10 stock plays for 2023, according to UBS
  + stars: | 2022-12-14 | by ( Carmen Reinicke | ) www.cnbc.com   time to read: +5 min
As the year winds down, investors are looking forward to 2023 and wondering where they should place their top bets. Analysts that cover companies are mulling the same question, prompting UBS to put together a list of its top conviction picks for 2023. The stock which is poised for the largest gain is Kymera Therapeutics , a biotechnology firm that UBS thinks could surge 240% to its target price. She added that UBS expects updates across all four programs in the near term as well as over 2023. Analysts that cover companies are mulling the same question, prompting UBS to put together a list of its top conviction picks for 2023.
☆ New missions in the high north are taking US and British aircraft carriers closer to a frigid frontline with Russia
  + stars: | 2022-11-08 | by ( Christopher Woody | ) www.businessinsider.com   time to read: +9 min
Throughout the war in Ukraine, US destroyers have continued "operating with allies and partners in the high north to put pressure on Russia, to make sure that they know that we're there with capable platforms," Gilday added. The British Royal Navy followed suit this spring, sending HMS Prince of Wales into the Arctic for seven weeks — the first Arctic deployment for the UK's new Queen Elizabeth-class carriers. By sending the carrier that far north, the Royal Navy sought "to push the boundaries of UK carrier operations in the cold, harsh environment," the ship's commanding officer said. British Royal NavyHMS Prince of Wales' deployment reflects the British navy's increasing investment in Arctic operations. In 2020, the British navy "recommenced" routine operations in the Arctic, according to the UK's updated Arctic strategy, released in March.
☆ Investors are flocking to tech and telecom stocks, but they're wrong to see them as defensive plays, Bank of America says
  + stars: | 2022-11-01 | by ( Carla Mozée | ) www.businessinsider.com   time to read: +3 min
Investors have been rotating into tech and communication services stocks, which they see as defensive, Bank of America said Tuesday. BofA said clients last week sold stocks in all sectors except for tech and comm services. In the last two months, investors have been shifting out of cyclical sectors and into defensive ones, and inflows into tech and communication services have been outpacing defensive inflows. BofA last week highlighted downbeat demand commentary from tech companies. Higher interest rates can cut into the value of future profits made by tech and other growth companies.
☆ Barclays downgrades Analog Devices, says it has yet to price in a correction
  + stars: | 2022-10-24 | by ( Sarah Min | ) www.cnbc.com   time to read: +2 min
There are better names off the bottom in semiconductor stocks than Analog Devices , according to Barclays. Analyst Blayne Curtis downgraded shares of Analog Devices to equal weight from overweight, and lowered the price target, saying the semiconductor stock has yet to price in a correction. The analyst cut the price target to $140 from $180. The new price target is 4.5% below where shares closed Friday at $146.59. The analyst downgraded shares of other semiconductor stocks NXP Semiconductors and Qorvo to equal weight.
☆ Prologis Signals Caution in Industrial-Property Development
  + stars: | 2022-10-19 | by ( Liz Young | Sabela Ojea | ) www.wsj.com   time to read: +4 min
Warehouse supply remains tight compared with demand, but Prologis will make decisions on new sites on a “deal by deal” basis, he added. Prologis trimmed its plans for new development starts for this year to a range of $4.2 billion to $4.6 billion, from a projected range of $4.2 billion to $5 billion the prior quarter. Companies signed new leases for about 920 million square feet of warehouse space in 2021 compared with 619 million square feet in 2019, according to Cushman & Wakefield. Mr. Moghadam said Amazon hasn’t pulled out of any of its Prologis buildings or projects and the e-commerce company is taking on new space. He said e-commerce companies overall have been leasing new space to compete with Amazon’s sprawling network.
☆ Russia is making excuses for why it can't stop US-made HIMARS from shredding its military in Ukraine
  + stars: | 2022-10-16 | by ( Michael Peck | ) www.businessinsider.com   time to read: +7 min
Russian forces have struggled to counter Ukraine's use of US-made HIMARS rockets. One Russian defense blog has an explanation: HIMARS has a secret feature that prevents Russian artillery from targeting it. "This greatly distinguishes American systems from conventional MLRS [multiple launch rocket systems], where the projectiles fly along a ballistic trajectory. "Unless the radar happens to be looking in the right place at the right time, it will not detect a HIMARS launch," Cranny-Evans said. While this Avia article appears groundless, Russian defense blogs — which often have links to the Russian government and military — can be quite illuminating.
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