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CNN —Huawei is in the midst of one of the most stunning comebacks in the history of the tech industry. The Chinese giant, which has been a flashpoint in the escalating rivalry between Washington and Beijing, says more than 900 million smartphones now use its in-house operating system Harmony OS. Harmony, which is called “Hongmeng” in Chinese, was first unveiled in 2019, months after Huawei was placed on a US trade blacklist that barred American firms from selling tech and software to the Chinese tech company without a license. The US ban prevented companies like Google (GOOGL) from supplying new Huawei devices with its version of Android OS. Sales of the iPhone began bouncing back in May, after the company aggressively cut prices in its largest overseas market.
Persons: ” Richard Yu, It’s, Yu, Huawei’s Organizations: CNN, Huawei, Google, Nvidia, Microsoft, Apple, Research Locations: China, Washington, Beijing, Shenzhen
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia's growth is going to continue for at least the next 18-24 months: Constellation's Ray WangRay Wang, Constellation Research founder, chairman and principal analyst, joins 'Squawk Box' to discuss Nvidia's stock performance, why he has a $200 price target on the stock, and more.
Persons: Constellation's Ray Wang Ray Wang Organizations: Constellation Research
It seems obvious but survivorship bias is everywhere in society. We’re currently studying over 65-year-olds who have maintained unusually high levels of exercise into older age and have maintained excellent health. READ MORE: Why married people live longerWhile we know that their lifelong exercise is associated with their unusually good health into older age, we can’t directly say one causes the other yet. But often, like in survivorship bias, we’re not looking at all the data, and so finding patterns where there are none. Bradley Elliott receives funding from the Physiological Society, the British Society for Research on Ageing, the Altitude Centre, and private philanthropic individuals.
Persons: Bacon, Abraham Wald, Wald, , , That’s, We’re, Bradley Elliott Organizations: CNN, Physiological Society, British Society for Research, Ageing
A team of international academics successfully sequenced the genomes of each of the eight baobab species, examining their relationship with one another and concluded that they originated in Madagascar. "Avenue of the Baobabs" in Western Madagascar is one of the most spectacular collections of the unusual trees. Gavinevans/Creative CommonsOnly one baobab species is not included in the IUCN’s Red List of Threatened Species: A. digitata, which populates mainland Africa. The likelihood of finding fossil evidence to rubberstamp the conclusions of the genetic data is slim, Dr. Wan conceded. So perhaps these majestic trees may retain some of their mystery after all.
Persons: , Wan Jun, Nan, Wan, Seheno, Andriantsaralaza, , Dr,  Organizations: CNN, Biologists, Gardens, Royal Botanic Gardens, University of Antananarivo, Queen Mary University of London, IUCN, USAID Locations: Madagascar, Africa, Australia, Wuhan, Hubei, China, baobabs, Queen, Western Madagascar,
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDemocrats are putting abortion — a topic they've historically downplayed — front and center this election. The debate is no longer just about abortion — it's become about pregnancy itself and access to life-saving medical care. AdvertisementDemocrats know the issue could be a turning point for independent voters and even some Republicans, and they're using it to their advantage. He's hoping that the issue of abortion can turn Florida blue this fall, and he's repeatedly promised to restore Roe.
Persons: , Roe, Wade, Annie Lentz, " Lentz, — it's, Dobbs, Joe Biden, He's, he's Organizations: Service, Democratic Senatorial, Republican, Business, Democratic, Republicans, Senate Democrats, Pew Research Center, Gallup, , New York Times, Democrats Locations: Arizona, Florida , Maryland , Michigan, Montana , Nevada , Ohio, Pennsylvania, Texas, Wisconsin, Florida
Read previewAn oncologist shared for things he does to lower his risk of developing cancer amid rising rates in young adults. The vast majority (88%) of people who develop cancer are over 50, and survival rates have improved in recent decades, according to the American Cancer Society. We know certain risk factors for some cancers, such as smoking, which increases the risk of developing lung cancer. Exercises every dayExercising regularly can help reduce your risk of developing cancer. Doesn't smoke"There is a strong link between smoking and developing lung or bladder cancer," Landau said.
Persons: , Daniel Landau, who's, Asbestos.com, Landau, Tejal Parekh Organizations: Service, American Cancer Society, Oncology, Business, British, of Sports Medicine, University of Gothenburg, Centers for Disease Control
I could walk almost everywhere I wanted to go in the city — but it was very hilly. The view from my balcony at the Four Seasons Hotel Ritz. Rachel DubeBefore you decide where to stay in Lisbon, it's important to research the city's different neighborhoods, especially if you plan on walking everywhere. I chose the Four Seasons Hotel Ritz in the Marquês de Pombal neighborhood because it was within walking distance of Baixa and Chiado. On our first day in Lisbon, the hotel concierge told us to take a taxi to Chiado and Rossio.
Persons: Rachel Dube, who's Organizations: Ritz Locations: Lisbon, Pombal, New York
My journey into van life began when I was a kid, listening to my grandpa's stories about road trips around Mexico and the US. Gerardo Rios GarciaAt just over 46 square feet, my van poses significant challenges. Financial independence is another significant benefit of my van life. Van life has been an incredible journey of self-discovery and growthThe van parked on a city street. However, I truly believe living in a van has positively impacted my professional and academic life.
Persons: , grandpa, Gerardo Rios Garcia, van, I'm, I've, Gerardo Rios Garcia Van, There's, haven't Organizations: Service, Columbia University, United Nations, Volkswagen, Business, Columbia University's, UN Locations: Manhattan, Mexico, North America, Arizona, Albuquerque , Kansas City, Indianapolis
Constellation Brands has an upper hand in a battle for coveted — but shrinking — territory in stores, according to new Wall Street research. In fact, displays provide more of a lift to sales than shelf-space gains for brands, Jefferies analysts said. STZ 5Y mountain Constellation Brands' stock performance over the past five years. We have a buy-it-here 1 rating on Constellation Brands and a price target of $300, implying about 14% upside from Friday's close. Constellation Brands' Corona Light is displayed for sale at a grocery store in New York.
Persons: Jefferies, Molson Coors, we've, , Jim Cramer, Eli Lilly, Jim, Elliott, Jim Cramer's, Scott Eells Organizations: Constellation Brands, Modelo, Pacifico, Jefferies, Anheuser, Busch InBev, Molson, Boston Beer, Club, Investing Club, Elliott Management, CNBC, Bloomberg, Getty Locations: Corona, Victoria, U.S, New York
So business is booming at Texas Roadhouse and LongHorn Steakhouse, even as Americans pull back elsewhere. And in the three months through May 26, sales at Longhorn Steakhouse locations open at least 16 months rose 4%. An affordable luxuryWhen it comes to steakhouses, Texas Roadhouse and LongHorn Steakhouse are on the cheaper end, noted Jim Salera, a research analyst at Stephens. Patrons sit at a bar and watch sports at a Texas Roadhouse restaurant in November 2023. “Retail demand has been probably a little bit weaker,” said Michael Bailen, senior director of investor relations at Texas Roadhouse.
Persons: Texas, , Jim Salera, Salera, you’re, Peter Saleh, They’ve, Scott Olson, Saleh, Rick Cardenas, It’s, Michael Bailen, ” Bailen, , Organizations: New, New York CNN, Texas, Texas Roadhouse, LongHorn, Longhorn, Darden Restaurants, steakhouses , Texas Roadhouse, Stephens, of America, CNN, Bureau of Labor Statistics, Kroger Locations: New York, Texas, Olive, steakhouses , Texas, Skokie , Illinois, . Texas
Low-Earth orbit, a layer of superhighway that wraps around Earth’s thermosphere some 200 to 600 miles above our heads, is newly congested. Yet no one knows how the vast increase in satellites orbiting Earth will affect the atmosphere, and therefore life down below. With the rush to send up more and more satellites, a new study proposes that the hole in the ozone layer, a problem scientists thought they had solved decades ago, could make a comeback. Ever since Sputnik, the first man-made space satellite, was launched in 1957, scientists have thought that when satellites re-enter our atmosphere at the end of their lives, their vaporization has little impact. But new satellites — much more advanced, but also smaller, cheaper and more disposable than previous satellites — have a turnover that resembles fast fashion, said the lead author of the study, José Pedro Ferreira, a doctoral candidate in astronautical engineering at the University of Southern California.
Persons: , ” Martin Ross, José Pedro Ferreira Organizations: Aerospace Corporation, University of Southern Locations: University of Southern California
The S&P 500 alone has generated an average return of 7% during presidential election years since 1952, according to LPL Financial. If you limit that to election years in which the incumbent president is running for reelection, the average jumps to 12.2%. Yes, but: Market volatility in an election year tends to pick up in October and there are many months left in this cycle with potential surprises to come. “An autumn pullback fits well time wise with potential downside earnings revisions, make-or-break decision time for the Fed, and election uncertainty. The first round of the French election will be held on June 30, with a second round on July 7.
Persons: Goldman Sachs —, Ed Clissold, Ned Davis, they’re, It’s, Goldman Sachs ’ Scott Rubner, , , Mark Hackett, Scott Chronert, Goldman Sachs, Joe Biden, Donald Trump, Jim Reid, There’s, Emmanuel Macron, Katie Nixon, Chris Isidore ., they’ve, Samantha Murphy Kelly, ChatGPT —, Siri —, OpenAI, Siri, ChatGPT, hasn’t, Organizations: London CNN — Traders, Investors, White, Ned, Ned Davis Research, Nasdaq, Citigroup, Goldman, Barclays, Deutsche Bank, UBS, Deutsche, Fed, United, Labour Party, Renaissance, Northern Trust Wealth Management, Alaska Airlines, Alaska —, Southwest —, Southwest, Railway Labor, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, Wall, IDC Locations: United States, France, , Alaska, China
Fundstrat's Tom Lee, who's been correctly nailing the stock market for the past few years, hinted that he was about to hike his year-end S & P 500 target even with the benchmark at record highs. Lee's 5,800 call would represent another 6% gain for the S & P 500 from current levels. Lee believes a strong force that could help lift the market is the $6 trillion in cash that's in money market funds. Lee would join a host of others on Wall Street who have recently raised their S & P 500 targets. On June 14, Goldman Sachs increased its price target on the S & P to 5,600.
Persons: Fundstrat's Tom Lee, who's, Fundstrat, Lee, Goldman Sachs, Bloomberg Organizations: Bloomberg, Wall, ISI, CNBC Market, Citigroup
Constellation Research said Nvidia stock will soar 65% to $200 per share over the next year. The research firm said it expects Nvidia stock to continue soaring for the next 18 to 24 months as it benefits from its AI dominance. These are the seven reasons Wang expects Nvidia stock to soar 65% from current levels. You're going to be locked in for quite some time and they've got quite a lead in terms of doing that." Wang isn't the only analyst on Wall Street with a $200 price target for Nvidia stock.
Persons: , Ray, Wang, Jensen Huang, It's, Larry Ellisons, scott Mcnealys, Mark Zuckerbergs, they've, Wang isn't, Rosenblatt Organizations: Constellation Research, Nvidia, Service, Constellation, CNBC, Microsoft, Intel, Cisco, Wall Locations: that's
In March, the first lady, Jill Biden, announced a new White House women’s health initiative that highlighted a seemingly obscure research question: What if you could delay menopause and all the health risks associated with it? The question comes from a field of research that has started to draw attention over the last few years, as scientists who study longevity and women’s health have come to realize that the female reproductive system is far more than just a baby-maker. The ovaries, in particular, appear to be connected to virtually every aspect of a woman’s health. Once that happens, a woman enters menopause, which accelerates her aging and the decline of other organ systems, like the heart and the brain. While women, on average, live longer than men, they spend more time living with diseases or disabilities.
Persons: Jill Biden, , Renee Wegrzyn, “ It’s Organizations: House, Advanced Research, Agency for Health Locations: midlife
Netflix wants to be Disney when it grows up
  + stars: | 2024-06-24 | by ( Lauren Edmonds | ) www.businessinsider.com   time to read: +6 min
The company will unveil its first Netflix House venues in 2025 at two US-based malls: King of Prussia and Galleria Dallas. "We've launched more than 50 experiences in 25 cities, and Netflix House represents the next generation of our distinctive offerings. At a 2019 conference, former Disney CEO Reed Hastings said that Netflix admired Disney. Advertisement"Think of Hollywood Studios," McCoy said, referring to the Walt Disney World theme park. Netflix House and then Netflix World?
Persons: , of Prussia, We've, Marian Lee, Joe Burbank, Reed Hastings, playbook, Steinberg, Ericka McCoy, there's, King of Prussia, McCoy, Matt Voda, Voda, it's Organizations: Service, Netflix, Galleria Dallas, Business, Walt Disney Company, Walt Disney, Orlando Sentinel, Tribune, Getty, Disney, Zeta Global, . Orlando Sentinel, Sears, Hollywood Studios, Hollywood Studios . Orlando Sentinel, OptiMine Locations: California, Magic, Florida, Lycoming Mall, Pennsylvania
Starting Monday, the Minneapolis-based discounter said companies that work with Shopify can apply to join Target Plus, its third-party marketplace. Target's marketplace creates a "halo" and is "an accelerant to the total business," she said. Target Plus has only a tiny fraction of the revenue and sellers of other third-party marketplaces. Sylvester would not say how much of that came from ads bought by Target Plus sellers. Target does not offer fulfillment services, instead relying on Target Plus sellers to store, pack and ship their own goods.
Persons: discounter, Cara Sylvester, Shopify, Sylvester, Target, Ban, Sellers, Doug McMillon Organizations: Target, CNBC, Walmart, Amazon, eBay, Marketplace, Brands Locations: Minneapolis, Walmart's U.S
The bank's analyst labeled the London-listed stock as "materially undervalued" as the company announced the resumption of dividends earlier this month after a five-year hiatus. Investec raised its price target to £2 ($2.53) a share, which points to a 116% upside potential. However, earlier this month, Card Factory said its 2024 fiscal year showed improved profitability, with the company expecting normal growth rates to return. UBS predicts Card Factory will earn £65 million in the next financial year, with sales running up to about £535 million. The investment bank raised its price target to £1.16 a share, indicating a 26% upside potential, but also maintained its "neutral" rating.
Persons: Kate Calvert, Investec, Saranja Sivachelvam, Sivachelvam Organizations: Factory, Card Factory, Investment, UBS, Card Locations: London, U.S, England, Calvert
Read previewUkraine has its eyes set on a dynamic fleet of ground robots to fight alongside — and, sometimes, instead of — its soldiers in combat as Kyiv continues growing its arsenal of unmanned systems. Multiple ground robots at a UNITED24 summit. UNITED24The new ground combat robots can assault and defend positions, as well as conduct surveillance and reconnaissance, all while being operated remotely from up to two-and-a-half miles away. Ground robots have even been involved in drone-on-drone combat, underscoring a level of depth and sophistication to these operations. The evolution of unmanned systems has been one of the defining elements of the Ukraine war.
Persons: , Mykhailo Fedorov, Fedorov, there's, " Fedorov Organizations: Service, Business, Systems, Technologies Locations: Ukraine, Ukrainian, Russian, Russia, Western
Read previewSome single Chinese women — fatigued from the social stigma of being unmarried and childless — are opting to run away altogether. These women — mostly millennials in their mid to late 30s — are taking to the Chinese social media platform Xiaohongshu to talk about their great escape to the West. These women, per their accounts, are enrolled in higher education in countries like France, the UK, and the US. In these diary-style posts, the women talk about how higher education in the West has been their ticket to freedom. AdvertisementLeftover womenThere are several push factors that may be motivating more Chinese millennial women to seek greener pastures abroad.
Persons: , who've, Claudia Ke, Ke, Susu, she'd, childrearing, Emily Huang, BI's Kevin Tan Organizations: Service, US, Business, China, Burgundy School of Business, University of Cambridge, China Centre for Economic Research, National Bureau of Statistics Locations: France, China, Shanghai, Europe, Cambridge, England, Peking
Skyline, Ho Chi Minh City, Vietnam John Harper | Photodisc | Getty ImagesSoutheast Asia has emerged as a top choice for firms looking to diversify production away from China, including Chinese companies, amid escalating tensions between Washington and Beijing. "Southeast Asia is well-placed to benefit significantly from the China+1 phenomenon as both foreign and Chinese companies diversify their supply chains and operations," said Kuo-Yi Lim, co-founder and managing partner of Southeast Asian venture capital firm Monk's Hill Ventures. "The ASEAN-6 region has benefited from a diversification of global and regional supply chain as well as the adoption of 'China+1' strategies. MalaysiaMalaysia has seen semiconductor firms including Intel, GlobalFoundries and Infineon setting up or expanding operations in the country over the last few years amid U.S.-China tensions. Chinese electric vehicle maker BYD plans to start commercial production of EVs in Indonesia in 2026, according to local reports.
Persons: Vietnam John Harper, Kuo, Yi Lim, Lim, Yinglan Tan, Kai Wei Ang, CNBC's, It's, Ang, Anders C, Johansson, , Sokon – Organizations: Photodisc, Getty, Monk's Hill Ventures, ASEAN, Hong Kong SAR, Apple, Ventures Partners, Samsung, BofA Securities, Intel, GlobalFoundries, Infineon, U.S, Monk's Hill Ventures . Industry, Malaysia that's, Stockholm China Economic Research, Stockholm School of Economics, Chery, Singapore Locations: Chi Minh City, Vietnam, Asia, China, Washington, Beijing, Monk's, Indonesia, Malaysia, Philippines, Thailand, Singapore, U.S, Japan, European Union, China & Hong Kong, Hong Kong, Vietnam Vietnam, ASEAN, Malaysia Malaysia, Stockholm China, EVs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe summer is historically tough for semis, says Renaissance Macro's Jeff deGraafJeff deGraaf, Renaissance Macro Research, joins 'Closing Bell' to discuss the market rotation and the headwinds for the semiconductor sector.
Persons: Jeff deGraaf Jeff deGraaf Organizations: Macro
This complex will be world’s first large-scale “green steel” project, according to H2 Green Steel, the Swedish company behind the multi-billion-dollar mill. Dhiraj Singh/Bloomberg/Getty ImagesWhile projects like H2 Green Steel show momentum is growing, experts say the pace is far too slow. Northern Sweden is also home to the HYBRIT green steel pilot plant — which is one step ahead. US Secretary of State Antony Blinken speaks during a visit to Hybrit Steel Plant in Lulea, Sweden, on May 30, 2023. But there’s also the challenge of producing large amounts of green hydrogen, which will require huge amounts of renewable energy.
Persons: Peter Boer, Dhiraj Singh, , Mohamed Atouife, Daniel Acker, ” Atouife, HYBRIT, Biden, Antony Blinken, Jonas Ekstromer, Martin Pei, SSAB, ” Pei, Chathurika, Caitlin Swalec, Jonathan Nackstrand, Pei, there’s, , Philipp Verpoort, “ It’s, Princeton’s, Swalec, Chris Greig, ” Greig, RMI’s Gamage Organizations: CNN, Green Steel, Tata Steel, Bloomberg, Getty, Rourkela Steel, Princeton University, Volvo, Hybrit Steel, TT, Agency, AFP, , Mountain Institute, Global Energy Monitor, Potsdam Institute, Climate Impact, Potsdam, Princeton University’s Andlinger Center for Energy, Workers, Jiangsu Shagang, Co, European Union Locations: Sweden, Boden, Swedish, Wijk aan, Netherlands, Odisha, India, Indiana, Portage , Indiana, Northern Sweden, Cleveland, Ohio, Middletown, Mississippi, Lulea, Luleå, AFP, China, Europe, Japan, Jiangsu, Huai'an, Jiangsu Province, European
Male Kindergarten Teachers Are Here to Help. Many studies show that older boys benefit from having male teachers. There hasn’t been as much research on the youngest students and their teachers — in large part because there are so few male teachers in early education to begin with. Social-emotional learning has given them vocabulary to express their feelings, said Greg Smedley-Warren, 45, a kindergarten teacher in Nashville. “It’s like unlocking a new market of potential educators.”The male kindergarten teachers said that from their perspective, the fulfillment of the job generally outweighed the negatives.
Persons: Greg Smedley, Warren, ” Brycial Williams, Ark, , ” Dwayne Taylor, hasn’t, Thomas S, behaviorally, , Kevin Clifford, Richard V, Reeves, Clifford, Dwayne Taylor, Pedro Romanelli, Dallas Dwayne Taylor, aren’t, “ They’re, they’re, ” Keith Heyward Jr, ” Mr, Heyward, ” “, ’ ” Keith Heyward Jr, Mr, Nashville Dwayne Taylor, Howard Braden, Howard, Braden, Taylor, Daniel Saenz, Jeffrey Towle, Towle, ’ ”, ” Jeffrey Towle, “ It’s, Riley Lyons, David Feldman, Colin Sharkey, Lyons, Atlanta David Feldman, Saenz Organizations: Stanford, Dallas Research, Black, Army, Association of American Educators, Atlanta Locations: Nashville, Wynne, Frontenac, Kan, Yonkers, , United, Dallas, Charleston, S.C, Warren, Ocala, Fla, Midlothian , Texas, Long Beach, Calif, Atlanta, St . Petersburg, St, Petersburg
Over the last year, Swift's Eras Tour and its affiliated film cemented her economic prowess in the United States, injecting billions into the economy. AdvertisementLocal businesses are seeing Swift's impact weeks ahead of her concerts. Jo Hale/Getty ImagesEuropean economists monitoring inflation rates in the service sector are examining Swift's tour to see what impact it will have on Europe's economy. Barclays' Consumer Spend research found that Swift's tour is expected to boost the UK economy by £997 million ($1.26 billion). Economist George Moran told the Times, however, that he thinks it's unlikely Swift will impact decision-making at the Bank of England.
Persons: , Taylor, Swift, Taylor Swift's, Ben Julius, Julius, Taylor Swift, Jo Hale, Lucas Krishan, Krishan, Kevin Mazur, George Moran, Moran, Nomura Organizations: Service, Business, Tourist Italy, Wembley, Getty, European Central Bank, Barclays, Consumer, New York Times, Securities, Rights, Bank of England, Times Locations: Europe, United States, Italy, Milan, London, Central, Paris, France
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