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Tech stocks may have had a volatile past few weeks , but one chief investment officer is still bullish. The chief investment officer believes Nvidia's stock is "reasonably valued," based on its two to three-year outlook. "We've been doing that, and we've been pretty happy with the price we've been getting," he added. Broadcom shares fell 7% in extended trading following its results announcement, but remain up close to 47.5% year-to-date. Nineteen of 33 analysts covering the stock give it a buy or overweight rating, according to FactSet data.
Persons: Jason Ware, Jensen Huang's, Ware, CNBC's, We've, we've, Oracle Corporation Ware, it's, Leswing, Jordan Novet Organizations: Microsoft, Nvidia, Oracle, Broadcom, Oracle Corporation, Apple, Tesla Locations: Albion
Read previewWe're getting closer to a cure for range anxiety, so why don't more people want an EV? This dip in demand is reflected in a stagnation in EV sales growth over the past year as companies adjust to a new crop of more practical green-car shoppers. Battery-powered cars accounted for a record 7.6% of all car sales in 2023, according to Kelley Blue Book, up from 5.9% in 2022. Affordability is also a key issue for today's electric car shoppers, an issue the industry has tried to address with lower sticker prices. But EV shoppers have found a new cost to angst over.
Persons: , EY, Marc Coltelli, Kelley, EVs, it's, Power, Raman Ram Organizations: Service, Business, Power, Utilities, Industry, EV, Pew Research, Department of Energy, Americas Aerospace, Defense Locations: Americas
The controversial plan to regreen a desert
  + stars: | 2024-09-08 | by ( Laura Paddison | ) edition.cnn.com   time to read: +11 min
The Dutch engineer wants to transform a huge stretch of inhospitable desert into green, fertile land teeming with wildlife. “The only holistic way out of this situation is with large-scale ecological regeneration”So-called desert regreening projects are not new, and this is one of a number around the world seeking to transform arid landscapes. Costfoto/NurPhoto/Getty ImagesFor van der Hoeven, it was further proof his plan could work. “The scale reaches a level that helps prove that restoration can be done on a planetary scale.”It would add to other huge desert regreening projects also underway. The project was scheduled to kick off this December, but conflict has slowed everything down, van der Hoeven said.
Persons: der Hoeven, , Van, van der Hoeven, Ali Moustafa, , Van der, der, it’s, John Liu, Wolfgang Kaehler, Liu, ” Liu, Susan Gardner, Gardner, Alice Hughes, ” Hughes, Raymond Pierrehumbert, Pierrehumbert, — “, Van der Heoven, He’s, Van der Hoeven Organizations: CNN, United Nations, World Bank, UN, Hong Kong University’s School of Biological Sciences, University of Oxford Locations: Dutch, Africa, Asia, Maryland, Dubai, Lake Bardawil, Sinai, Bardawil, Egypt, China, California, Gansu Province, Yongjing, Gansu province, Nairobi, Hong, Gaza
Check out the companies making headlines in midday trading: Dollar Tree — Shares tumbled more than 22% after the discount retailer slashed its full-year outlook for net sales and adjusted earnings per share. GitLab — The software developer's stock soared more than 21% thanks to a strong third-quarter earnings outlook. Zscaler — The stock lost more than 18% after the cloud security company's fiscal first-quarter earnings outlook came in weaker than expected. Zscaler expects to earn between 62 cents and 63 cents per share, below the 73 cents per share analysts were estimating, per LSEG. Asana sees sales for the third quarter coming in between $180 million and $181 million, while analysts expected $182 million, according to LSEG.
Persons: LSEG, Zscaler, Cowen, Andrew Charles, , Lisa Kailai Han, Michelle Fox Organizations: Dick's, Goods, FactSet, UBS, AMD Locations: Cape Canaveral , Florida
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. As Warren Buffett said, "Until you can manage your emotions, don't expect to manage money." I started my career in sales and business development in adtech in 2007 and became a full-time life coach in 2014. Here's how I manage six of the most common business frustrations. As a former sales director for a Fortune 500 company, I know that success usually comes down to volume.
Persons: , Warren Buffett, I've, It's, you've, we've, it's, they're, you'll, Susie Moore Organizations: Service, Business, Fortune, Staff, Mother's Locations: adtech
In a fitting end to my athletic career, my husband and I got married after competing together on the college triathlon team. As our family continues to grow and change, we maintain a team-oriented approach that strengthens our bond in several ways. We continue to practice and improveSince we're still pretty new to the parenting game, we don't have much training under our belts. But hard things become easier with practice, something that my husband and I understand after years of athletics. Back when we were competing, my husband and I devoted extra time to our mental and physical well-being.
Persons: Thomas, it's, We've, he'll, we'll Organizations: Service Locations: LSU's
"I lost weight, but it wasn't in the healthiest way. AdvertisementXavier lost 100 pounds in high school on a restrictive diet, but it was "unsustainable," he said. Benji Xavier lost 100 pounds by making healthier versions of his favorite foods at home. AdvertisementXavier has maintained his weight loss by making healthy lifestyle changes. He has "cheat days," and eats whatever he wants on holiday without feeling guilty because he knows he'll return home to a healthy lifestyle.
Persons: , Benji Xavier, Xavier, He's, unconfident, It's, he'll, it's, I'm Organizations: Service, Business, Centers for Disease Control, CDC Locations: New Jersey
Now, a team of engineers and geologists brings a new theory to the table — a hydraulic lift device that would have floated the heavy stones up through the middle of Egypt’s oldest pyramid using stored water. Water from ancient streams flowed into a system of trenches and tunnels that surrounded the Step Pyramid, according to the study team. The shaft within the Step Pyramid is connected to a 200-meter-long (656-foot-long) underground tunnel that connects to another vertical shaft outside the pyramid. Conversely, a moderate-sized hydraulic lift can raise 50 to 100 tons. “It doesn’t mean (the hydraulic lift device) wasn’t used,” she added.
Persons: Pharaoh Djoser, , Dr, Xavier Landreau, aren’t, David Jeffreys, Paleotechnic, Guillaume Piton, Judith Bunbury, rainier, Jeffreys, Fabian Welc, Stefan Wyszynski, Welc, ” Welc, King Djoser, Landreau, University of Cambridge geoarchaeologist, ” Bunbury Organizations: CNN, University College London, France’s National Research Institute for Agriculture, Food, Institute of Environmental Geosciences, University Grenoble Alpes, University of Cambridge, of Archaeology, Stefan Wyszynski University Locations: Egypt, Paris, London, Old, Old Kingdom, Kingdom, Moat, Warsaw, Poland, Saqqāra, Giza, University of Cambridge geoarchaeologist Bunbury
But it can really, really help. To do that, I collect large-scale data in the course of people’s everyday lives … That’s kind of the 100,000-foot view. And I think that’s the kind of thing that doesn’t really stop at any magic threshold. I think people need to think about this more of kind of like a happiness portfolio. And oh, by the way, getting some daily exercise, not living in an environment that’s really polluted, that would be good.
Persons: CNN Business ’, there’s, Matt Killingsworth, Mo, Killingsworth, jk, I’ve, Reagan, we’re, it’s, don’t Organizations: CNN Business, New York CNN, University of Pennsylvania’s Wharton School Locations: New York, what’s
What is the Golan Heights and who are the Druze?
  + stars: | 2024-07-28 | by ( Nadeen Ebrahim | ) edition.cnn.com   time to read: +5 min
CNN —Tensions between Israel and the Lebanese militant group Hezbollah have reached new heights in the wake of a deadly rocket attack in the Israeli-occupied Golan Heights. Here’s what to know about the Golan Heights, and the religious and ethnic Druze minority that fell victim to the attack. What is the Golan Heights? More than 20,000 Druze live in the Golan Heights. Druze of the Golan Heights share the territory with around 25,000 Jewish Israelis, spread across more than 30 settlements.
Persons: Majdal Shams, Israel, Donald Trump, Israel’s, Golan, Jalaa Marey, Law, Organizations: CNN, Hezbollah, United Nations, UN, Golan Regional Council, Regional Council, UN Human Rights, Getty, Nation Locations: Israel, Lebanese, Golan, Majdal, Iran, Syria, Jordan, Lebanon, Syria’s, Damascus, Gaza, Egypt, Syrian, Majdal Shams, AFP, , Carmel, Galilee, Israel’s
Though many Americans believe the housing market is at risk of crashing, the economists who study housing market conditions overwhelmingly do not expect a crash in 2024 or beyond. How low demand can cause a housing market crashA sudden drop in homebuying demand can lead to a housing market crash. What a housing market crash would mean for homebuyersAnything is possible, and nobody has a crystal ball to see for certain what will happen in the housing market in the coming months and years. Preparing for a potential housing market crashRight now, you probably don't need to be preparing for the housing market to crash. Housing market crash FAQsWhat are the key signs of an impending housing market crash?
Persons: homebuyers, Fannie Mae's, Lawrence Yun, Yun, isn't Organizations: Housing Survey, National Association of Realtors, Housing Locations: exurbs, Chevron
The good news is that creating an effective, personalized mobility routine can be simple and time efficient. Assess your current mobilityTo create a personalized mobility routine, it’s crucial to understand how you currently move. A personalized mobility routine can serve as the ideal warmup before any other regular exercise program such as strength training, according to mobility coach Dana Santas. Tip: Your personalized mobility routine can serve as the perfect warmup before any other regular exercise program, such as strength training or cardiovascular activities. By following these 10 steps, you can design a personalized mobility routine that fits your lifestyle, addresses your unique needs and helps you achieve lasting results.
Persons: Dana Santas, you’re, Aaron Lockwood, Organizations: Pain, CNN, CNN’s
China, the world’s biggest source of planet-warming greenhouse gases for most of the past two decades, is seemingly on the verge of bending its emissions curve from years of steep growth into a flat plateau. Since China’s emissions surpassed those of the United States in 2006, China’s global share has grown to almost a third — a huge number, even with population differences taken into account. A recent spate of data from China’s government, as well as reports by energy analysts, have provided positive signs that while China’s emissions may not decrease significantly, they also may not grow. China’s president, Xi Jinping, had pledged to reach that turning point by 2030. “The important thing to understand is that when China’s emissions stop growing, it likely follows that the world’s stop growing, too,” said Dave Jones, global insight director at Ember, an energy think tank.
Persons: Xi Jinping, , Dave Jones, Ember Locations: China, United States
CNN —Twenty-one people died after a school building collapsed in central Nigeria while students were sitting an exam in what local authorities called an “avoidable tragedy.”The two-story building collapsed in the city of Jos and saw a further 30 people hospitalized, according to Nigeria’s National Emergency Management Agency (NEMA). NEMA said that students were amongst those who died in Jos, the capital of Plateau State, without providing an exact number. Around 120 people were trapped when the building collapsed, according to Plateau State government. The governor of Plateau State, Caleb Manasseh Mutfwang, said the building collapsed as students were sitting an exam. Building collapses are common in Nigeria due to lax construction standards and poor quality materials.
Persons: , NEMA, Caleb Manasseh Mutfwang, Mutfwang Organizations: CNN, Emergency Management Agency, Plateau, St . Academy School Locations: Nigeria, Jos, Plateau State,
Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.
Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, , , ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, , Yates, ” There’s, Zeigler, Zyonse, , Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, , UK, , China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York,
CNN —The grasslands, glaciers and snow-tipped peaks of the Tibetan Plateau are breathtaking, but the vast expanse in Central Asia is also one of Earth’s harshest environments. Archaeologists long believed the Tibetan Plateau — more than 13,000 feet (about 4,000 meters) above sea level — was one of the last places on the planet to be settled. We are familyBaishiya Karst Cave is seen at the edge of Ganjia Basin on the Tibetan Plateau. Now, Baishiya Karst Cave, on the northeastern edge of the Tibetan Plateau, is helping answer many questions about who the Denisovans were. The analysis is shedding light on how the extinct humans thrived in the ice age environment for more than 100,000 years.
Persons: Bill Nelson, BRIN, Gerard Talavera, nestmates, Ashley Strickland, Katie Hunt Organizations: CNN, Lanzhou University Researchers, China National Space Administration, NASA, Apollo, FBI, BRIN Google, Scientists, Botanical Institute of Barcelona, CNN Space, Science Locations: Central Asia, Ganjia, Siberia, Tibetan, China, what’s, Indonesia, India, Bangladesh, Delta, Guiana, Talavera, Spain, , Massachusetts
“We know that the Denisovans lived, occupied the cave and this Tibetan plateau for such a long time, we really want to know, how did they live there? Analysis of bone fragments unearthed during excavations at Baishiya Karst Cave have revealed what animals Denisovans butchered, ate and processed. Traces of Denisovan DNA found in present-day people suggest the ancient species likely once lived across much of Asia. Many of the bones recovered from Baishiya Karst Cave, like this spotted hyena vertebra, contain traces of human activities such as cut marks. Unlike Denisova Cave, which was occupied by early modern humans and Neanderthals as well as Denisovans, current evidence suggests that Denisovans were the only group of humans to live at Baishiya Karst Cave, Zhang said.
Persons: CNN — Denisovans, Denisovans, , Dongju Zhang, Zhang, Denisovan, Frido Welker, Xia Li, Welker, Dongju, Samantha Brown, ” Brown Organizations: CNN, Lanzhou University, Globe, Paleoanthropology, University of Copenhagen, Mass, Junior, Palaeoproteomics, Germany’s University of Tübingen Locations: Xiahe, China’s Gansu, , China, Lanzhou, Cave, Altai, Siberia, Asia, Laos, Southeast Asia, Ganjia, Australia
And if you're not going to do a job, don't do a job." AdvertisementThe next summer, I got a product management internship at a startup called Travelnuts, which I liked. At a certain point, maybe I'll plateau or stop progressing, and I'll have to choose to stop because I'm just not good enough. I'm 29 now, so the idea that in about five years, I'm supposed to roughly know my trajectory kind of haunts me. I'm pretty confident in my comedy, so I'm full speed ahead on being a comedian.
Persons: Pete Ballmer, Steve Ballmer, would've, Harry Potter, he'd, I'd, I'm, I've, wouldn't, Jane Zhang Organizations: PCWorld Magazine, Business, Stanford, Zynga, Friends Locations: San Francisco, TripIt, Farmville, Expedia, Bay, janezhang@businessinsider.com
Given this truism, it's no wonder that the populations of America's so-called superstar cities have stagnated while the Sun Belt's metropolitan areas have boomed. The COVID-era transition to more remote work accelerated this process of "domestic offshoring," a recent study by the workforce-analytics company ADP found. Domestic offshoring regionally segregates middle- and working-class employees from their employers, making it far more difficult for the former group to advance professionally. Domestic offshoring threatens to lock in these effects, potentially costing the country trillions of dollars in forgone wealth creation. But if domestic offshoring persists, fewer of the city's other residents will be middle-class professionals; those people will tend to congregate in domestic-offshoring sites.
Persons: Austin, Chang, Tai Hsieh, Enrico Moretti, Ned Resnikoff Organizations: Sun, Orlando, America, , Companies, Workers Locations: California, New York, Los Angeles, San Francisco, Jacksonville , Florida, Raleigh , North Carolina, Texas , Arizona, Florida, Austin, Raleigh, Charlotte, North Carolina, America's, Nashville, Bay, Tennessee, New York City, San Francisco and New York
Before the water tanker rolled into one of New Delhi’s largest slums, Arvind Kumar was pacing between the gate of a public school and a tea seller’s stall hundreds of yards from his home, where he lives with nine members of his family. “There, it is coming,” Mr. Kumar shouted to a woman waiting on the slum’s edge. With their last stored drops now spent, and a heat wave searing the city, the two neighbors had decided to make sure the truck reached its destination. The woman boarded the 5,000-gallon tanker and guided its driver through a tight lane, past houses lined with thousands of jerrycans, many chained in place, and onto a stony plateau.
Persons: Arvind Kumar, ” Mr, Kumar
FORT WORTH, Texas — What do you get for the nine-time national all-around champion who has everything? Simone Biles earned the Texas token as a trophy Sunday night after clinching the top spot at the U.S. Gymnastics Championships with a total score of 119.750 (60.450 on Day 1, 59.300 on Day 2). Biles capped her winning all-around performance on the uneven bars, coasting through in her typical speedy fashion to score a 14.400. Tokyo silver medalist Jordan Chiles climbed to fifth in the all-around standings behind a big 14.100 floor routine while 2020 floor Olympic gold medalist Jade Carey finished seventh.
Persons: Simone Biles, Biles, Skye Blakely, Suni Lee, Kayla DiCello, Lee, didn’t, Jordan Chiles, Jade Carey, DiCello, Leanne Wong, Brody Malone, Michigan’s Frederick Richards, Stanford’s Kohi Young, Elsa, Getty Organizations: U.S, Paris Olympic, Olympic Trials, Olympic Locations: Texas, Tokyo, Paris
In addition to Wegovy and Ozempic, the GLP-1 class includes Eli Lilly's highly popular weight loss drug Zepbound and diabetes treatment Mounjaro. VanGilder signed up nearly four years ago and started taking the weekly diabetes injection Ozempic specifically for weight loss. The big difference between Calibrate and prior weight loss efforts, VanGilder said, is that she doesn't feel like she's dieting. Calibrate is one of the only companies to regularly release reports detailing the results of its weight loss program. The federal Medicare program by law can't cover weight loss drugs unless the prescription is for another approved health benefit, such as diabetes or cardiovascular health.
Persons: Michael Siluk, Gray Beard, She'd, that's, Beard, wouldn't, She's, Ro, Goldman Sachs, Eli Lilly's, it's, Andrew Dudum, There's, Zachariah Reitano, Reitano, Wegovy, WeightWatchers, Gary Foster, Foster, Oprah Winfrey's, Kim Gradwell, Lee Smith, Jennifer VanGilder, she'd, Jenny Craig, VanGilder, I've, Kristin Baier, Rob MacNaughton, Ro's Reitano, we'd, Eli Lilly, Craig Primack, Primack, Hims, Dudum, We're Organizations: — Novo, UCG, Novo Nordisk, CNBC, Teladoc Health, World Health Organization, Food, WeightWatchers Clinic, Ursinus College, Asset Management Locations: Charlotte , North Carolina, U.S, Dudley , North Tyneside, Britain, Collegeville , Pennsylvania, Hims
Even the roads are buckling, cracking and collapsing, as if in a slow-motion earthquake. And outside a small town called Batagay, deep in the Siberian hinterland, a crater is rapidly opening up — known to locals as the gateway to the underworld. Already more than half a mile deep and about 3,000 feet wide, the Batagaika crater is growing as the ground beneath it melts. The land is belching up the past and swallowing the present — creating a yawning hole even more dizzying than the huge open-pit mines that already scar the Siberian landscape. In Alaska houses in rural villages are sinking into the ground as the shoreline falls into the sea.
Locations: Russia, Batagay, Canada, China, Tibetan, Alaska
Morgan Stanley accompanied the move by cutting its price target to $100 from $120. His $185 price target, up from $160, forecasts that shares of Take-Two could rally 23% from Wednesday's close. — Lisa Kailai Han 5:55 a.m.: Bernstein initiates Ford at an outperform rating Investors who don't own Ford are missing out, according to Bernstein. — Lisa Kailai Han 5:55 a.m.: JPMorgan upgrades Hasbro Don't expect Hasbro's momentum to slow in the near future, according to JPMorgan. It also raised its price target on shares to $74 from $61, implying upside of 22%.
Persons: Bernstein, Morgan Stanley downgrades NetEase, Morgan Stanley, Alex Poon, Poon, Lisa Kailai Han, Omar Dessouky, Dessouky, — Lisa Kailai Han, Sam Poser, Sean Dodge, Dodge, GoodRx, Ford, Daniel Roeska, Roeska didn't, Roeska, Christopher Horvers, Fred Imbert Organizations: CNBC, Ford, JPMorgan, Hasbro, NetEase, Bank of America, Rockstar Games, Rockstar, Supreme, Corp, Trading, EMEA, Timberland, RBC, RBC Capital Markets, pharma, Kroger Locations: China, Wednesday's, Americas
Read previewChevrolet is just getting started on its takeover of the electric car market, says Steve Majoros, the brand's chief marketing officer. It's not exactly a great time to put more electric vehicles on sale. But the tides finally are turning in Chevrolet's favor, Majoros said, as EV shoppers gravitate to more practical options and legacy brands. Recent studies on a new cohort of electric car shoppers show that they are more inclined to consider purchasing an electric car from a legacy brand. After years of a virtual monopoly on the EV market, shoppers are growing tired of Tesla and looking for fresher options.
Persons: , Steve Majoros, Majoros, musing, Elon Musk, Elon Musk's Tesla, Tesla, We've Organizations: Service, longtime, Business, Silverado, Tesla, Chevrolet, Elon, EV, Detroit, GM Locations: Chevrolet's
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