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Dell Technologies — Stock in the personal computer and technology company slid more than 16% after executives warned about further margin pressure ahead. Nordstrom stuck by its full-year earnings forecast and reported strong growth in its Nordstrom Rack segment, which outperformed the headline brand stores. Gap — Shares climbed more than 25% after the apparel company lifted its full-year operating income forecast on the heels of a first-quarter earnings beat. Ulta on Thursday posted fiscal first-quarter earnings that reflected a 1.6% year-over-year increase in same-store sales, a significant slowdown from the same period a year earlier. MongoDB said it expected to earn 46 cents to 49 cents per share on $460 million to $464 million of revenue.
Persons: Jason Bazinet, Zscaler, Nordstrom, Ambarella, MongoDB, LSEG, Michelle, Sun, Choe, Wall, Lisa Kailai Han, Pia Singh, Jesse Pound Organizations: Dell Technologies, Lionsgate, Citi, Marvell Technologies, LSEG, Vans
As South Asia bakes under a blistering heat wave, life-or-death decisions arrive with the midday sun. Abideen Khan and his 10-year-old son need every penny of the $3.50 a day they can make molding mud into bricks at a kiln under the open sky in Jacobabad, a city in southern Pakistan. But as temperatures have soared as high as 126 degrees Fahrenheit, or 52 degrees Celsius, in recent days, they have been forced to stop by 1 p.m., cutting their earnings in half. “This isn’t heat,” said Mr. Khan, sweat dripping down his face and soaking through his worn clothes. “It’s a punishment, maybe from God.”
Persons: Abideen Khan, Organizations: Asia bakes Locations: Asia, Jacobabad, Pakistan
The center, a division of the National Weather Service, issued a modern geomagnetic storm watch, known as a G2, for Friday and Saturday. Unlike the G5, or extreme geomagnetic storm, that occurred on May 10, moderate storm watches are not uncommon, according to the center. But the aurora-causing solar flares and coronal mass ejections currently spewing from the sun are a result of the same sunspots that triggered solar activity in May, according to Dr. Ryan French, solar physicist at the National Solar Observatory in Boulder, Colorado. “The frequency of things is decreasing, but you only need one to cause a large geomagnetic storm. The solar storm on May 10 was the most successfully mitigated space weather storm in history, Dahl said.
Persons: Ryan French, Lokman Vural, “ It’s, , Shawn Dahl, Dahl, ” Dahl, , That’s, there’s Organizations: CNN, United, National Oceanic, Prediction, National Weather Service, Anadolu Agency, Getty, Solar Dynamics, auroras, , European Space Agency Locations: United States, Midwest, New York, Idaho, Boulder , Colorado, Rochester , New York, Sweden, South Africa
"But in the past nine months, open-jaw flights have been less expensive and offer additional flexibility for seeing multiple destinations without being rushed." Manuel Romano/NurPhoto via Getty ImagesBhagwan told BI that she often suggests open-jaw flights for clients, especially those traveling to Europe. BI previously reported that these flights are typically cheaper than one-way flights. And a train from Rome to Barcelona may cost around $80, according to Rail Europe, so open-jaw flights would save $220. AdvertisementTraveling to Europe can be expensive, but open-jaw flights can make them more affordable when visiting multiple cities.
Persons: , Sonia Bhagwan, Manuel Romano, Bhagwan Organizations: Service, Business, Getty Images Bhagwan, Google, Rail Locations: Europe, Rome, England, Spain, Italy, NYC, Barcelona, Rail Europe, Indianapolis, Paris, Madrid
The order in which the planets will align on Sunday is Jupiter, Mercury, Uranus, Mars, Neptune and Saturn, and they will be accompanied by a crescent moon. The alignment will be visible to sky-watchers everywhere, but the ideal date to see the planets with the closest alignment might differ depending on where you are in the world. Planetary alignments: What to knowIt’s important to note that this alignment is not happening in space, but just in the sky as seen from our planet. This kind of planetary alignment is in fact not rare at all. “Jupiter will be the easiest to spot, because it’ll be the brightest thing in the sky after the moon,” Pattle said.
Persons: You’ll, , James O’Donoghue, there’s, O’Donoghue, “ It’s, Kate Pattle, “ There’s, they’re, ” Pattle, , we’ll, Pattle, it’ll Organizations: CNN, University of Reading, Mercury, University College London Locations: United Kingdom, Europe, North America
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
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
CNN —As we near the end of Asian American, Native Hawaiian and Pacific Islander (AANHPI) Heritage Month, I can’t help but feel a bit disappointed. Regina Kim Courtesy Regina KimBut too often, efforts to honor the contributions of Asian Americans, however well-intentioned, fall short because people fail to differentiate between Asian Americans and Asian communities outside the US. A recent study by the Asian American Foundation found that over half of Americans can’t name a single famous Asian American. This may be one reason why so many Americans can’t name any Asian Americans of note. The media needs to make a conscientious effort to seek out, identify and spotlight Asian Americans — and not just during AANHPI Heritage Month.
Persons: Regina Kim, Peggy Gou —, AAPI, , Mark Tuan, Audrey Nuna Michael Hickey, Laufey, who’ve, Daniel Anderson, Peggy Gou, Ali Wong Elyse Jankowski, Kat Turner, Sun, ” Turner, Steven Yeun Gregg DeGuire, wasn’t, Jackie Chan, Michelle Yeoh, Lulu Wang Michael Kovac, Mindy Kaling, Kevin Mazur, Lee Jung, jae, ” Oscar, Bong Joon Ho, Lulu Wang, , , Steven Yeun, Bruno Mars, Olivia Rodrigo, Sarah Kinsley, Lyn Lapid, Audrey Nuna Organizations: Forbes, CNN, Billboard, AAPI, American, AANHPI, America, South, Korean, Asian American Foundation, Globe, Twitter, Facebook Locations: Hawaiian, American, , Korean, Europe, America, Asia, Icelandic, South Korean, Hong Kong, Malaysian, keshi
Hong Kong CNN —Chinese leader Xi Jinping decried “tremendous sufferings” in the Middle East and called for an international peace conference as leaders from Arab nations visit Beijing this week amid mounting global concern over Israel’s war in Gaza. Justice should not be absent forever,” Xi said Thursday at the opening of a meeting between top diplomats from China and Arab states, also attended by several leaders from the region. Delegations from 22 Arab states joined that event at Beijing’s Diaoyutai State Guesthouse, according to Chinese state media. China has recognized a Palestinian state since 1988. Thursday’s ministerial meeting is the first such gathering since China held its first joint summit with Arab leaders in late 2022 in Saudi Arabia.
Persons: Xi Jinping, ” Xi, Israel, Xi, , Abdel, Fattah, Mohamed bin Zayed Al Nahyan, Bahrain’s King Hamad bin Isa Al Khalifa, Kais Saied, China “, Yun Sun, Fatah, Joe Biden, Jamal Khashoggi, Egypt’s Sisi Organizations: Hong Kong CNN, United Arab Emirates, States Cooperation Forum, Diplomats, Stimson, UN Relief and Works Agency for Palestine Refugees, of Locations: China, Hong Kong, Beijing, Gaza, , Palestinian, Rafah, United States, Israel, Washington, United, Palestine, Iran, Saudi Arabia, Istanbul
They’re also going to be communicating with one another or driving their moon buggies while on the lunar surface. Lunar clockworkWhat scientists know for certain is that they need to get precision timekeeping instruments to the moon. Exactly who pays for lunar clocks, which type of clocks will go, and where they’ll be positioned are all questions that remain up in the air, Gramling said. Focke Strangmann/APThe new time scale would underpin an entire lunar network, which NASA and its allies have dubbed LunaNet. But how future astronauts living and working on the lunar surface will experience time is a different question entirely.
Persons: aren’t, Cheryl Gramling, NASA’s, Gramling, Omer Tarsuslu, They’re, ” Gramling, Albert Einstein, Paco, Sao, Sundials, , , Bruce Betts, Kevin Coggins, you’ve, ” Coggins, , Bijunath, Patla, ” Patla, Focke Strangmann, It’s, “ It’s, Betts, Artemis III, Arizona State University “ It’ll Organizations: CNN, NASA, NASA’s Goddard Space Flight, Getty, White, Astronauts, Planetary Society, NASA’s Space Communications, Navigation, US National Institute of Standards, Technology, Vehicles, Physical, National, European Space Agency, International Astronomical Union, Reconnaissance, Arizona State University Locations: United States, China, Maryland, Kars, Turkey, Anadolu, German, Sao Miguel, Evora , Portugal, Germany, Malapert Massif
The cloud security company posted adjusted quarterly earnings of 88 cents per share on revenue of $553 million. MongoDB — MongoDB tumbled 23% after the developer data platform issued second-quarter and full year guidance that was weaker than expected , even as its first-quarter earnings results exceeded expectations. Dell Technologies — The tech stock plunged more than 14% even after Dell beat expectations in its first-quarter results . Otherwise, fiscal first-quarter revenue of $3.34 billion topped the consensus estimate of $3.20 billion. Marvell Technology — The semiconductor stock slid 3% after Marvell Technology missed first-quarter expectations.
Persons: Zscaler, LSEG, MongoDB, Dell, Nordstrom, NetApp, SentinelOne, Michelle, Sun, Choe, , Christina Cheddar, Berk Organizations: Dell Technologies, Dell, LSEG, Costco, Costco Wholesale, Revenue, Marvell Technology, SentinelOne, Corp, VF Corp, Vans
After expressing anxiety over other actors’ reluctance to star in the movie, Lopez brings up her spouse. Ben Affleck and Jennifer Lopez attend the 75th Annual Academy Awards at the Kodak Theater on March 23, 2003 in Hollywood, California. Now, with an album, film and documentary themed around their second act, Lopez has invited that scrutiny back again, despite her beloved’s obvious reluctance. “The Greatest Love Story Never Told” is swiftly becoming The Greatest Love Story Never Off Duty. Neither Lopez nor Affleck has addressed the current breakup rumors so far.
Persons: Holly Thomas, Katie Couric, Jennifer Lopez’s, Ben Affleck, Lopez, , Benny Medina, I’m, Affleck, I’ve, , Jennifer Lopez, Kevin Winter, Jenny, that’d, Ben, You’ve, Elaine Goldsmith, Thomas, Derek Hough, that’s, Icarus, Simu Liu, “ We’re, ” Affleck, We’re Organizations: Katie Couric Media, CNN, Kodak Theater, Netflix Locations: London, Hollywood , California, Bennifer, Las Vegas, Vegas
Outdoor furniture FAQsWhat are common materials for outdoor furniture? Wicker, eucalyptus, and bamboo are more natural-looking materials, while plastic and synthetic resin are typically considered cheaper outdoor furniture materials. You could invest in outdoor furniture covers or tarps that fully cover the outdoor pieces. You will find more outdoor furniture options and new styles available at the end of spring and the beginning of summer. However, if you're looking for the best outdoor furniture deals, the end of the summer is the best time to find the lowest prices as retailers make way for their fall inventory, though you could find some great deals on outdoor furniture around holidays like Memorial Day and Independence Day.
In a recent interview, he spoke about the situations he finds particularly difficult. But, in a recent interview, he said he even enjoys pushing himself to the extreme. Jimmy Donaldson, better known as MrBeast, is the biggest YouTube creator in the world with 262 million subscribers. "Weirdly, I get enjoyment out of going to the point of misery and then pushing through it and finishing," he said. '"Most people can't do that because I think we had petabytes worth of footage," Donaldson said.
Persons: doesn't, , he's, Jimmy Donaldson, Donaldson, Youshaei, I've Organizations: Service, YouTube, Business
When mortgage rates shoot up, as they did over the past two years, many would-be sellers decide they don't want to move after all. AdvertisementAs the Federal Reserve began pushing up borrowing rates in the spring of 2022, hoping to reel in rising inflation, mortgage rates went vertical. So far, this system of pooling together mortgage bonds and selling them to investors is pretty close to the American way of doing things. When US homeowners pay off their mortgages, they have only one option: pony up the amount left on the loan. That's not just good for buyers or sellers or mortgage loan officers — it's good for everyone.
Persons: It's, John Campbell, Danes, Freddie Mac, that's, Will Doerner, , aren't, pesky, Campbell, Fannie Mae, Banks, Jesper Berg, there's, That's Organizations: Harvard, Federal Reserve, Federal Housing Finance Agency, Homeowners, Danish Financial Supervisory Authority Locations: America, , Denmark, Zillow, Canada, Australia, Danish
Fresh off a red-eye flight from California, Cynthia Frybarger dropped off her luggage at the Margaritaville hotel in Midtown early Wednesday and boarded a downtown Q train, bound for the hottest pop-up spot in Manhattan. Her destination: Collect Pond Park, the square plot of cement and trees across Centre Street from the front doors of the Manhattan Criminal Courthouse, where a few hours later a group of 12 New Yorkers began deliberating whether to convict Donald J. Trump in the first criminal trial of an American president. “I didn’t come strictly for this, but it fit in perfectly,” Ms. Frybarger, 73, said, holding up the “Lock Him Up!! !” poster she had made back home in San Jose. As Mr. Trump’s trial has unfurled through its various stages, the park has played host to a daily tableau of New York writ small — gawkers and tourists, politicians and celebrities, demonstrators and protesters, all of whom have stood for hours in the baking sun and driving rain, to see and be seen.
Persons: Cynthia Frybarger, Donald J, Trump, , Ms, Frybarger, Trump’s Organizations: Yorkers Locations: California, Midtown, Manhattan, San Jose, York
Here are the biggest calls on Wall Street on Wednesday: Bernstein reiterates Nvidia as outperform Bernstein said it's sticking with its outperform rating on the stock. " Argus upgrades Berkshire Hathaway to buy from hold Argus said it's getting bullish on shares of Warren Buffett's multinational conglomerate. UBS reiterates First Solar as buy UBS raised its price target on First Solar to $350 per share from $270. Bank of America reiterates Apple as buy Bank of America said it's bullish on top pick Apple and its entry into iPhones with AI. Bank of America reiterates Dell as buy Bank of America raised its price target on Dell to $180 per share from $130.
Persons: Bernstein, Berkshire Hathaway, Argus, it's, Fluence, LBRT, Jefferies, TD Cowen, Medpace, Cowen, Morgan Stanley, JPMorgan, Wells, Baird, MM120, Truist, Dell, Jack Hartung, Cindy Olsen Organizations: Nvidia, Argus, Warren, UBS, Citi, Liberty Energy, United Airlines, Airlines, American Airlines, " Bank of America, Apple, Bank of America, Netflix, Disney, RBC, Eldorado, Eldorado Gold, BTC, Citi downgrades Bank, JPMorgan, Mind, of America, Norwegian Cruise Line Holdings, Dell, Field Locations: Berkshire, U.S, OFS, United, El Paso, Parks, F4Q, CAVA, Chicago
Rent prices have been a lone bright spot amid high inflation, as one-bedroom homes in many cities are cheaper than they were a year ago. While one-bedroom rental prices ticked up 1.2% on a monthly basis in May, they've been mostly flat in 2024. The decline in rental prices in southern cities is largely due to increased construction of rental units, but also population loss in some cities, especially in California, Zumper's study says. The city has encouraged new construction through property annexation and zoning reform, adding thousands of rental units in 2023. Here's a look at the 15 U.S. cities with the largest drops in one-bedroom rental prices for the year ending May 24, according to Zumper's data.
Persons: Zumper, , they've, Zumper's Locations: U.S, California, Greensboro , North Carolina
The shift to New York City spring follows a familiar pattern: skittishly unpredictable weather leading to uncertain modes of dress. But with the rise in temperature, the style of the city often blooms along with it. It’s marvelous to behold; discarding heavy wools for lighter cottons, short skirts and even shorter sleeves. One of the big standouts is the white maxi skirt, a signal of a lightness of mood and fresh possibilities. Finally, a standing ovation for the men, who were impeccably groomed.
Persons: Brown, There’s Locations: New York City, Tokyo
Why Bolivia is Latin America’s next dining destination
  + stars: | 2024-05-28 | by ( Joe Yogerst | ) edition.cnn.com   time to read: +9 min
Capital city La Paz boasts three eateries — Gustu, Ancestral and Phayawi — currently ranked among the top 100 restaurants in Latin America. Bolivia’s food revolution has also spread to major cities such as Sucre as well as the Uyuni Salt Flats. Rather than fine dining, the ambience is decidedly casual, the tables spread across three floors of an old wooden townhouse in the boho Sopocachi neighborhood of central La Paz. Courtesy PhayawiZero-kilometer goes widerSucre, the nation’s judicial capital in south-central Bolivia, isn’t as cosmopolitan as La Paz when it comes to food. Courtesy Joe YogerstBut that’s not to say that Bolivia’s food revolution has reached every nook and cranny.
Persons: foodways, , Marsia Taha, ” Taha, Taha, Joe Yogerst, Gustu, Claus Meyer, Meyer, , We’re, Sebastián Giménez, It’s, quinoa, it’s, Guadalupe, Joy, Uyuni, Tania López, López, , Tika Organizations: CNN, La Paz, La, Nordic, Michelin, Mercado Central, padres, NASA, Hidalgo Tours Locations: Bolivia, South, Capital, Latin America, La Paz, Sucre, Bolivian, Gustu, Danish, Copenhagen, Lake Titicaca, Phayawi, Basque, altiplano, Argentina, San, city’s, El, Bolivia’s, Hidalgo, Sol
Pakistan: Temperatures cross 125°F as heat wave hits Sindh
  + stars: | 2024-05-28 | by ( ) edition.cnn.com   time to read: +3 min
CNN —Temperatures rose above 52 degrees Celsius (125.6 degrees Fahrenheit) in Pakistan’s southern province of Sindh, the highest reading of the summer and close to the country’s record high amid an ongoing heat wave, the met office said on Monday. Extreme temperatures throughout Asia over the past month were made worse most likely as a result of human-driven climate change, a team of international scientists have said. The reading is the highest of the summer so far, and approached the town’s and country’s record highs of 53.5 C (128.3 F) and 54 C (129.2 F) respectively. But with the current heat wave, shops are seeing almost no footfall. The highest temperature recorded in Pakistan was in 2017 when temperatures rose to 54 C (129.2 F) in the city of Turbat, located in the Southwestern province of Balochistan.
Persons: Daro, Shahid Abbas, Rizwan Tabassum, ” Wajid Ali, , Abdul Khaliq, Khaliq, Mushtaq Ahmed, Khursheed Alam, Sardar Sarfaraz Organizations: CNN, Pakistan Meteorological Department, Reuters, Getty Locations: Pakistan’s, Sindh, Asia, Karachi, AFP, , Pakistan, Turbat, Southwestern, Balochistan, Mohenjo Daro, Karachi — Pakistan’s
After 20 years of early rising, I'm up before the sun with no prompting required. The 9:17 a.m. alarm is also deeply ingrained; it's the official attendance time when I'm required to pause my instruction and take attendance. I will walk away from teaching and into early retirement at 59, which makes me more than a little nervous. While I'll be doing something I care deeply about, I will still be below the salary I earned this year. Now that I'll have the time in retirement, what will my new exercise regime look like?
Persons: I've, I'm, They've, it's Organizations: Service, Business Locations: Texas, It's Texas
The port's terminal was blocked after the Francis Scott Key Bridge collapsed and killed six workers. AdvertisementTwo months after Baltimore's Francis Scott Key Bridge collapsed, cruise ships are now taking off from the Port of Baltimore. The two trips are notable as the first cruise ships to leave Baltimore since the port was blocked by the collapse of the Francis Scott Key Bridge on March 26. The Francis Scott Key Bridge services about 30,000 people a day. AdvertisementOne week ago, the port's terminal was the headquarters for the recovery operations for the Francis Scott Key Bridge, Daniels added.
Persons: Francis Scott Key, , Baltimore's Francis Scott Key, We've, Jonathan Daniels, Daniels Organizations: Port, Service, Royal, Business, Francis Scott Key Bridge, Baltimore Sun, Maryland Department of Transportation Locations: Port of Baltimore, Royal Caribbean, Bermuda, Greenland, Canada, Baltimore, Maryland
For more than half a century, concerns about oil shortages or a damaged climate have spurred governments to invest in alternative energy sources. In the 1970s, President Jimmy Carter placed solar panels on the roof of the White House as a symbol of his commitment to developing energy from the sun. And in the 2000s, Germany developed an innovative program that guaranteed consumers who adopted a solar energy system that they would sell their electricity at a profit. Hoping to correct past missteps on industrial policy and learn from China’s successes, they are spending huge amounts on subsidizing homegrown companies while also seeking to block competing Chinese products. They have made modest inroads: Last year, the energy agency said, China’s share of new clean-energy factory investment fell to 75 percent.
Persons: Jimmy Carter Organizations: International Energy Agency Locations: Japan, Germany, Beijing, United States, Europe
But while retirees might imagine spending their golden years full of pasta and palazzos, the realities of moving abroad are much less romantic. He didn’t think retiring abroad was feasible. Packing up shopAs America’s retirement crisis grows, so too does the dream of retiring abroad. “People need to think about estate planning, which is often different abroad,” said Brett Spencer, the founder of Impact Financial, a financial advisory firm that specializes in Americans living abroad. I think that’s the reality that a lot of people probably aren’t prepared for,” said Peddicord, who splits her time with her husband between Paris and Panama City, Panama.
Persons: Laura Barnett, She’s, Chris, Chris Barnett, didn’t, Laura, , We’ve, , ” Chris, there’s, won’t, It’s, Brett Spencer, ” Spencer, he’s, Italy Patience Dunbar, Charles Ippoliti, Patience Dunbar Patience Dunbar, Charles, they’ve, Patience, Giorgia, We’re, you’ll, Kathleen Peddicord, Peddicord, don’t, Jacki Dahl, Bill Dahl, Bill Organizations: New, New York CNN, US Department of Defense, CNN, Gallup, Social, Impact, Invest Overseas, , , Rocky, Expiatorio Locations: New York, Kentucky, Poitiers, France, Fayetteville , North Carolina, Portugal, Aveiro, Europe, Monmouth, Italy, Arona, Milan, Oregon, Kansas, United States, Paris, Panama City, Panama, States, Reno, Guadalajara, Mexico,
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