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“There are really a tremendous number of changes between the last Starship flight and this one,” Mr. Musk said. With hot staging, Starship’s upper-stage engines will ignite while the booster is still attached and some of the booster engines are still firing. Hot staging, which is commonly used on Russian rockets, could improve the performance of Starship by 10 percent, Mr. Musk said. Hot staging also “results in kind of blasting the booster,” Mr. Musk said. “We don’t know with accuracy what the most important thing is, because we’ve not yet reached orbit,” Mr. Musk said.
Persons: ” Elon Musk, Musk, , Mr, “ It’s, ” Mr, we’ve Organizations: SpaceX, Twitter, Federal Aviation Administration
During Microsoft's Ignite conference in Seattle this week, the software giant announced its foray into the AI processor market with two new chips , a deepening partnership with leading AI chipmaker Nvidia (NVDA), additional features for AI assistant 365 Copilot and more. Shares have since notched all-time highs , boosted by startup OpenAI — whose technology powers several of Microsoft's AI offerings — announcing its most powerful tool to date at the start of November. Here are the Club's top-three takeaways from Microsoft's Ignite conference, along with what Wall Street's saying about the event . The chief executive said generative AI could one day be " bigger than the internet, by far ," while announcing joint AI projects with Microsoft. Microsoft stock has been the best."
Persons: Maia, Jeff Marks, Jensen Huang, Jim Cramer, Jefferies, Goldman Sachs, Jim Cramer's, Jim, Satya Nadella, Sam Altman, Justin Sullivan Organizations: Microsoft, Club, Microsoft's Ignite, Nvidia, Foundry Service, CNBC Locations: Seattle, OpenAI, San Francisco , California
CNN —After months of rebuilding and clearing red tape following the April explosion of the Starship system’s first test flight, SpaceX is set for its next attempt. The Starship spacecraft stacked atop the Super Heavy booster is intended to play a key role in the NASA Artemis III moon mission, currently slated for 2025. After its fuel is spent, the Super Heavy will detach from the Starship spacecraft and fall back toward the ocean. “These delays may seem small in the big scheme of things but … delays in each and every test flight adds up. One group of activists sued the FAA in May, alleging regulators had failed to comply with federal environmental law when they greenlit Starship’s April test flight.
Persons: Elon Musk, Musk, they’re, NASA Artemis, , Musk’s, SpaceX’s, NASA’s —, Jim Free, , ” Musk, William Gerstenmaier —, we’re, ” Gerstenmaier, Jared Margolis Organizations: CNN, SpaceX, Super, NASA, International Astronautical, , NASA’s, Systems, Federal Aviation Administration, FAA, Center for Biological Locations: Riding, Boca Chica , Texas, South Texas, Texas, Padre, of Mexico, Hawaii, Baku, Azerbaijian, China
Thursday's early calls featured a retail upgrade and an EV charging stock downgrade. The analyst reiterated his buy rating and $450 price target on the stock. Microsoft's AI cybersecurity solution Security Copilot, which was only recently expanded through an early access program on Oct. 19, already has tons of pent-up interest, Thill said. The firm downgraded shares from neutral to underperform and lowered its price target on the stock by $17 to $43. He gave the stock a $50 price target — $13 higher from the previous one — which implies 23.1% upside for shares since Wednesday's close.
Persons: Wells Fargo, Goldman Sachs, Kash Rangan, Rangan, Maia, Brent Thill, Thill, Vivek Arya, Arya, Raimo, Microsoft's, — Pia Singh, Elizabeth Suzuki, Vijay Rakesh, Rakesh, Vikram Bagri, Bagri, Fred Imbert, Edward Kelly, Kelly Organizations: CNBC, Citi, Microsoft's Ignite, Jefferies, Microsoft, Bank of America, Nvidia, Devices, Barclays, Advance, AAP, Mizuho, Intel, Mizuho Securities, Foundry, Foundry Services, Sapphire, Sierra, AMD, Wells Locations: Seattle, U.S, Wells Fargo, Wednesday's
Watch SpaceX try to skim Earth's orbit with its Starship rocket on Saturday. The launch was initially planned for Friday, but a grid fin actuator needed to be replaced postponing the launch, SpaceX announced Thursday on X. If the rocket launch succeeds this weekend, the giant spaceship will reach space for the first time. When stacked, Starship stands at almost 400 feet tall and 30 feet wide. AdvertisementSpeaking in an earlier interview in June, Musk had estimated this Starship launch had about a 60% chance of reaching its goal.
Persons: Elon Musk's, , Elon Musk, Musk, we've, Abhi Tripathi, Tripathi, Space.com Organizations: SpaceX, Service, NASA, International Astronautical Federation, Super Locations: Mars, Boca Chica , Texas, Gulf of Mexico, of Mexico, Hawaii
Courtesy National Association of RealtorsKasper echoed those sentiments in a keynote address to agents at the convention on Tuesday, telling agents: “We will continue to listen closely to your feedback. Real estate agents generate about $100 billion in commissions a year, according to the Department of Justice. And about half of that, plaintiffs in the recent case argue, goes to buyers’ agents. Visitors at the National Association of Realtors convention on November 14 in Anaheim, California. She said that buyers’ agreements may have to have wording that says that if a seller doesn’t agree to pay the buyer’s agent commission, the buyer is on the hook for that money.
Persons: Keller Williams, Tracy Kasper, Berkshire Hathaway, Silverhawk, , ” Tracy Kasper, National Association of Realtors Kasper, Renée Roqué, Alexis McGee, , Liu Guanguan, John Natale, Natale isn’t, Lynn Madison, Madison, Chuck Simons, “ It’s, Matt Troiani, Troiani, it’s, ” Troiani, ” ‘, Jim Flanagan, Flanagan, isn’t, Nate Johnson, haven’t, Johnson Organizations: California CNN, National Association of Realtors, NAR, of Justice, NXT, Department of Justice, China News Service, Social Media, Realtors, Coldwell, RedKey Realty Locations: Anaheim, California, Missouri, America, Texas, Berkshire, Boise , Idaho, Stevenson Ranch , California, San Mateo County , California, New Jersey, Anaheim , California, Illinois, Valencia , California, Ocean County , New Jersey, Flanagan’s, St, Louis , Missouri
Microsoft on Wednesday announced a slew of new capabilities coming to the Copilot artificial intelligence add-on for its Microsoft 365 productivity applications. There are concerns about whether Copilot for Microsoft 365 is worth $30 per person per month. Copilot will be able to create Teams chat messages and come up with tone changes. During Teams meetings, the Whiteboard tool can automatically create visualizations of ideas that people discuss. In PowerPoint, Copilot will be able to create slides that include AI-generated images based on brand assets, with the help of the Microsoft Designer app.
Persons: OpenAI, Jared Spataro, Dana Organizations: Microsoft, Wednesday, Adobe, Google, CNBC Locations: Seattle
In today's big story, a Business Insider reporter gives her unique perspective on navigating life as a startup founder's wife. The big storyA founder's other backerJosh Cochran for InsiderThe startup world is not for the faint of heart. Melia's account of her relationship with Kyle and his startup is equal parts entertaining, heartwrenching, and informative. AdvertisementJosh Cochran for InsiderAs if being a founder spouse wasn't difficult enough, Melia has the bonus of covering the space as a reporter. And while that's true of any relationship, it's especially pertinent in the volatile startup ecosystem.
Persons: , Josh Cochran, it's, Insider's Melia Russell, Kyle, Melia, takeaways Melia, Lennihan, Alexander Spatari, Pete Weir, Weir, — it's, HENRY, Steve Irwin, Satya Nadella, Bolton Clarke, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Brandon Bell, Getty, Associated Press, Apple, Google, US, York City, Discovery Education, Australia, Microsoft, Cisco Locations: Brandon, York, New York City, San Diego, London, New York
A custom-built rack for the Maia 100 AI Accelerator and its "sidekick" inside a thermal chamber at a Microsoft lab in Redmond, Washington. The first, its Maia 100 artificial intelligence chip, could compete with Nvidia's highly sought-after AI graphics processing units. In addition to designing the Maia chip, Microsoft has devised custom liquid-cooled hardware called Sidekicks that fit in racks right next to racks containing Maia servers. Moving from GPUs to AWS Trainium AI chips can be more complicated than migrating from Intel Xeons to Gravitons, though. WATCH: Nvidia notches tenth straight day of gains, driven by new AI chip announcement
Persons: Maia, Nvidia's, Rani Borkar, Borkar, OpenAI, OpenAI's, We've, they've, Colette Kress, Steve Tuck, Tuck, Graviton, Dave Brown, Brown Organizations: Microsoft, Intel, Google, CNBC, Amazon, Services, Nvidia, AMD, Computer, Companies, SQL, AWS Locations: Redmond , Washington, Seattle, New York, Gravitons
Microsoft is not focused on China as a domestic market, though the company has notable Chinese customers with operations outside the world's second most-populous country, CEO Satya Nadella said on Wednesday. "A lot of the Chinese multinationals operating outside of China are our bigger AI customers, perhaps." Microsoft provides artificial intelligence services to electric vehicle maker Li Auto and consumer electronics company Xiaomi, among others. Still, Nadella acknowledged on Wednesday that the U.S. government has important restrictions to follow when it comes to doing business in China. The U.S government uses Microsoft Azure cloud services and Microsoft 365 productivity apps.
Persons: Satya Nadella, Nadella, CNBC's Jon Fortt, Li, Nadella's, Joe Biden, Xi Jinping, Meta's, Bing, Deepwater's Gene Munster Organizations: Microsoft, Microsoft's Ignite, Li Auto, U.S, . Commerce Department, Meta's Facebook, Baidu, USG, LinkedIn Locations: China, Seattle, San Francisco, Bing, Beijing, United States, U.S, Europe, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft's AI chip announcement could be negative for Nvidia, says BakerAvenue's King LipKing Lip, BakerAvenue Wealth management chief strategist, joins 'Closing Bell' to discuss Microsoft's new custom AI chip reveal at the Ignite Conference and more.
Organizations: Nvidia, Wealth, Ignite Conference
Microsoft said it does not plan to sell the chips but instead will use them to power its own subscription software offerings and as part of its Azure cloud computing service. Microsoft and other tech giants such as Alphabet are grappling with the high cost of delivering AI services, which can be 10 times greater than for traditional services such as search engines. The Maia chip, they said, is optimized for that work. Microsoft also said that next year it will offer its Azure customers cloud services that run on the newest flagship chips from Nvidia (NVDA.O) and Advanced Micro Devices. He said the Maia chip would allow Microsoft to sell AI services in the cloud until personal computers and phones are powerful enough to handle them.
Persons: Maia, OpenAI, Scott Guthrie, Ben Bajarin, Bajarin, Microsoft's Guthrie, Guthrie, Rani Borkar, Borkar, Stephen Nellis, Edmund Klamann Organizations: Reuters, Microsoft, REUTERS Acquire, Wednesday, Ignite, Nvidia, Devices, Amazon Web Services, Arm Holdings, Amazon, Taiwan Semiconductor Manufacturing, Thomson Locations: Redmond , Washington, Seattle, San Francisco
Starting in-person Tuesday in Seattle and livestreamed from Wednesday, Microsoft's "Ignite" event consists of three days of product announcements and various keynotes from technology executives. At the Club, we'll be looking for initial evidence of a return on investment (ROI) for Microsoft's AI products — particularly the company's recently launched AI assistant, 365 Copilot . MSFT YTD mountain Microsoft (MSFT) year-to-date performance Piper Sandler reiterated the Club's take that evidence of early adoption around Copilot, along with ROI, could be bullish for Microsoft. Bottom line Microsoft stock, up more than 54% year-to-date, has surged in 2023 on the generative AI boom. If the Ignite conference provides further evidence that Microsoft's large bet on AI is paying off, it would likely be positive for the stock.
Persons: we'll, Piper Sandler, Wells Fargo, Wells, they'll, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Microsoft, Sunday, Ignite, Bloomberg, Devices, CNBC, Getty Locations: Seattle, livestreamed, Copilot, OpenAI
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlexo's Lo Toney previews Microsoft's expected AI developments ahead of the 'Ignite' ConfereneceLo Toney, Plexo Capital founder, joins 'Closing Bell' to discuss Microsoft's expected reveal in AI developments at the 'Ignite' Conference.
Persons: Plexo's Lo Toney, Lo Toney Organizations: Plexo Capital
Morgan Stanley downgrades Freyr Battery to equal weight from overweight Morgan Stanley said the battery maker faces "significant challenges." Barclays upgrades Fortrea to overweight from equal weight Barclays said in its upgrade of the health contract research company that it sees improved bookings. Barclays upgrades Mosaic and Nutrien to overweight from underweight Barclays upgraded several potash and aggriculture companies and said a compelling entry point. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its overweight rating on shares of Tesla . Barclays reiterates Disney as equal weight Barclays said it's having trouble finding upside for Disney shares.
Persons: Wells, Needham, Docebo, Morgan Stanley downgrades Freyr, Morgan Stanley, FREY, Andrew Stanleick, Bernstein, Redburn, Goldman Sachs, Goldman, it's, Baird, Kraft Heinz, Miguel Patricio, " Roth, Marvell, Roth, Tesla, laggards, Evercore, TD Cowen, Cowen, We've Organizations: Microsoft, TAM, Deutsche Bank, Deutsche, UBS, Barclays, Mosaic, NTR, ICL, OW, UW, JPMorgan, Apple, Nvidia, Aspen Technology, Kraft, Marvell Technology, Devices, Tesla, Adobe, Disney Locations: BeautyHealth, U.S
In December last year, after years of trying, the National Ignition Facility, or NIF, at Lawrence Livermore National Laboratory reported that it had finally lived up to its middle name: ignition. For the first time anywhere, a laser-induced burst of fusion produced more energy than that supplied by the incoming lasers. “We’re really excited by the NIF results,” said Kramer Akli, who manages the fusion energy sciences program at the United States Department of Energy. A decade ago, a report by the National Academy of Sciences found much to like in the energy potential of laser fusion but recommended that the United States hold off major investments until ignition was achieved. The sun generates heat and light by jamming — fusing — hydrogen atoms together into helium.
Persons: We’re, , Kramer Akli, arth, ould Organizations: National Ignition Facility, Lawrence Livermore National Laboratory, United States Department of Energy, National Academy of Sciences Locations: United States
SEOUL, South Korea (AP) — The United States and South Korea on Monday updated a bilateral security agreement with the aim of more effectively countering North Korea’s evolving nuclear and missile threats. U.S. Defense Secretary Lloyd Austin was in Seoul for annual security talks with South Korean military officials, including Defense Minister Shin Won-sik, which were focused on boosting nuclear deterrence against North Korea. They agreed to start as planned a real-time information sharing arrangement on North Korean missile launches in December. They also agreed to set up multiyear plans in coming weeks to enhance their trilateral military exercises, South Korea’s Defense Ministry said. U.S. and South Korean officials have accused North Korea of providing munitions and military equipment to Russia to help boost its war in Ukraine.
Persons: Lloyd Austin, Shin Won, Austin, Shin, ” Austin, Yoon Suk, Minoru Kihara, Yoon, , Moon Jae, Kim Jong Un, Antony Blinken, Kim Organizations: Korean, U.S . Defense, South Korean, Defense, Austin, ROK, South, Japanese, Korea’s Defense Ministry, Shin, U.S, United Nations Command, Foreign Locations: SEOUL, South Korea, United States, Seoul, Japan, North Korea, Ukraine, Korean, Republic of Korea, U.S, South Korean, Washington, Hamas, Korea, Israel, Russia, South, Pyongyang, Moscow . U.S, Austin
Los Angeles Mayor Karen Bass described the closure as a “crisis” for a city already notorious for its traffic woes. This photo provided by the California Department of Transportation shows an early morning fire along Interstate 10 near downtown Los Angeles on Saturday. A Los Angeles firefighter uses a robotic hose to douse a fire under Interstate 10 that severely damaged an overpass in downtown Los Angeles on Saturday. Wooden pallets, cars filled with gas and boxes of oranges have all been found under the Los Angeles bridge, officials said. Los Angeles firefighters mop up damage from a fire that severely damaged Interstate 10 near downtown Los Angeles on Saturday.
Persons: Angeles Mayor Karen Bass, Gavin Newsom, , ” Newsom, Bass, Newsom, , Firefighters, Richard Vogel, Kristin Crowley, Crowley Organizations: CNN, Los, Angeles Mayor, Los Angeles Fire Department, California Department of Transportation, Caltrans, Sunday, Department of Transportation, LA Unified School District, Los Angeles Locations: Los Angeles, Alameda Street, California, Los Angeles County, Philadelphia
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. Those gains have come despite little upside surprise in any of their reports and have largely been driven by a retreat in bond yields. Bond yields, meanwhile, were little changed Monday morning, with that of the 10-year Treasury hovering above 4.6%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, We've, Eli Lilly, Jim, Piper Sandler, Jim Cramer's Organizations: CNBC, Apple, Treasury, Novo Nordisk, Wall Street, Club, Microsoft, Ignite
NBA roundup: Magic's balanced attack too strong for Bucks
  + stars: | 2023-11-12 | by ( ) www.reuters.com   time to read: +4 min
Orlando took the lead late in the first quarter and never looked back, building an advantage of as many as 21 points behind a balanced offensive attack. Jalen Suggs supplied 20 points as five Orlando scorers finished in double figures, including Moritz Wagner, who had 19 points off the bench. Moritz Wagner scored 12 points in the first half to help ignite the pivotal, second-quarter surge that gave Orlando the lead for the rest of the game. Brown was 12 of 20 from the field and scored 21 points in the second half. Boston also received 21 points, seven rebounds and three assists from Kristaps Porzingis.
Persons: Paolo Banchero, Franz Wagner, Giannis Antetokounmpo, Orlando, Antetokounmpo, Damian Lillard, Jalen Suggs, Moritz Wagner, Jonathan Isaac, LeVert, Dean Wade, Donovan Mitchell, Darius Garland, Evan Mobley, Stephen Curry, Klay Thompson, Andrew Wiggins, Looney, Jaylen Brown, Jayson Tatum, Brown, Tatum, Kristaps, Pascal Siakam, Siakam, Dennis Schroder, Jakob Poeltl, Malachi Flynn, Scottie Barnes, Bam Adebayo, Jaime Jaquez Jr, Adebayo, Jaquez, Tyler Herro, Jimmy Butler, Atlanta's Trae Young, Dejounte Murray, Bogdan Bogdanovic, Murray Organizations: Orlando, Milwaukee Bucks, Milwaukee, Bucks . Cavaliers, Warriors, Cleveland, Golden State, Cavaliers, Celtics, Raptors, Toronto, Boston, Hawks, Atlanta, Miami, San Antonio Spurs, Thomson Locations: San Francisco, Boston, Miami
Fireworks Ignite as Candidates Haley, Ramaswamy Debate TikTok, ChinaGOP candidates Nikki Haley and Vivek Ramaswamy traded barbs in response to a question about what they would do to combat concerns over TikTok’s China-based parent company, ByteDance. Photo: Mike Segar/Reuters
Persons: Haley, Ramaswamy, Nikki Haley, Vivek Ramaswamy, Mike Segar Organizations: ByteDance, Reuters Locations: China
Biden, meanwhile, is absorbing brutal new polls showing him losing to GOP front-runner Trump in multiple key swing states. If the New York Times/Siena College survey is borne out in 2024, there would be no electoral path to victory for Biden. Biden supporters argue that his critics and media narratives set by the president’s low polls badly miss the most salient point that will define the 2024 election. Because this is a civil trial, Trump has no criminal liability. But the judge has already ruled that Trump, his adult sons and the Trump Organization committed “persistent and repeated” fraud.
Persons: Donald Trump, Joe Biden’s, Trump, Biden, , , ” Democratic Sen, Richard Blumenthal, CNN’s Dana, “ It’s, ” David Axelrod, Barack Obama, Axelrod, Vladimir Putin, Trump’s, Letitia James, James, Temidayo Aganga, Williams, “ We’ve, we’ve, ” Aganga, CNN’s Kaitlan Collins, Jack Smith, ” Biden, Spencer Weiss, scoffed, “ MAGA Republicans ’, Blumenthal, Pramila Jayapal, Jen Psaki Organizations: CNN, Republican, GOP, New York Times, ” Democratic, Connecticut, Trump, Twitter, Biden, Trump Organization, New York, Democrats, The New York Times, Siena College, Democratic, The Times, “ MAGA Republicans, Sunday, Congressional Progressive Caucus, Israel, MSNBC Locations: New York, Siena, “ State, Ukraine, Russian, Washington, Fulton County , Georgia, Florida, America, Nevada, Georgia, Arizona, In Michigan, Pennsylvania, Gaza, Arab
SpaceX is gunning for a mid-November launch date of its massive Starship rocket. AdvertisementAdvertisementElon Musk 's company SpaceX announced on Friday it hopes to schedule a second test flight of its Starship Super Heavy rocket by mid-November. Musk's goal is to use the Starship's immense power, created by 33 engines able to generate about 500,000 pounds of thrust each, to reach the barren planet, Insider previously reported. Insider previously reported that the flame deflector was missing during the rocket's initial launch. Now, it's up to the FAA to complete the pending assessment of the Starship and issue the company's launch license.
Persons: gunning, , Elon Musk Organizations: SpaceX, FAA, Service, Federal Aviation Administration, Fish, Independent
A rocket fired from Lebanon hit the northern Israeli city of Kiryat Shmona on Thursday. Hamas claimed responsibility for the attack, saying its militants in Lebanon had fired 12 rockets toward Israel. Photo: Rami Shlush/ReutersThe chief of Iran-backed Lebanese militant group Hezbollah is set to give his first speech Friday since the start of the Israel-Hamas war, comments that will be watched closely around the region for clues to whether he will step up a confrontation with Israel and potentially ignite a wider conflict. Hassan Nasrallah , Hezbollah’s secretary-general, has kept a public silence since Israel launched its ferocious response to Hamas’s attacks on Israel on Oct. 7, during which militants killed roughly 1,400 people and kidnapped more than 200 others.
Persons: Rami Shlush, Hassan Nasrallah, Israel Organizations: Hezbollah Locations: Lebanon, Kiryat Shmona, Israel, Iran, Lebanese
A rocket fired from Lebanon hit the northern Israeli city of Kiryat Shmona on Thursday. Hamas claimed responsibility for the attack, saying its militants in Lebanon had fired 12 rockets toward Israel. Photo: Rami Shlush/ReutersThe chief of the Iran-backed Lebanese militant group Hezbollah praised the Oct. 7 Hamas attacks on Israel and vowed his group would step up military pressure on Israel in the coming days, but said it didn’t plan on waging an all-out attack for the time being, easing worries that the Israel-Hamas war could spread across the volatile region. Hassan Nasrallah , Hezbollah’s secretary-general, spoke for the first time since the attacks by Hamas, amid concerns the conflict on Israel’s southern end could ignite a separate war in the north against the Lebanese militant group. Hezbollah and Israel have been engaging in tit-for-tat exchanges of fire in recent weeks.
Persons: Rami Shlush, Hassan Nasrallah Locations: Lebanon, Kiryat Shmona, Israel, Iran, Lebanese
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