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☆ Wall Street sees a buying opportunity in these crypto mining stocks as bitcoin marches to new records
▼ + stars: | 2024-11-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Some bitcoin miners are giving investors an opportunity to get in on the cryptocurrency's big postelection rally. Pure play bitcoin miners have been lagging this year for a host of reasons. CLSK RIOT,MARA 5D mountain Bitcoin mining laggards have been outperforming in the the recent crypto rally Now, with bitcoin consistently reaching new records since Election Day — a trend that's expected to continue through next year — the mining laggards could be catching up, analysts say. Bitcoin mining stocks are among the best investment vehicles for investors to express their bullish outlook on bitcoin, he added, and have outperformed bitcoin itself in bull markets prior to 2024 by about 2.5x. We know, investors like miners for energy [and] AI optionality, but it's time to buy bitcoin miners for the Bitcoin trade."

Persons: MARA, Mike Colonnese, Wainwright, TeraWulf, Bernstein, Gautam Chhugani, Riot, CleanSpark, Iren, Trump, Biden, — CNBC's Michael Bloom Organizations: bitcoin, BTC, H.C, CNBC, Mara Holdings, Energy Locations: Marathon, U.S

☆ Bitcoin is closing in on $90,000 for the first time ever
▼ + stars: | 2024-11-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

In this article COINBTC.CM= Follow your favorite stocks CREATE FREE ACCOUNTDado Ruvic | ReutersBitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. Its price is expected by many investors to continue making fresh records on its way up to $100,000 later this year. "Strong positive sentiment is likely to persist through the balance of 2024 and [we] see bitcoin prices potentially reaching the six-figure mark by the end of this year." Stock Chart Icon Stock chart icon Bitcoin is closing in on the $90,000 for the first time everCrypto investors have been cheering President-elect Donald Trump's promises to make the regulatory environment more supportive and even friendly toward crypto businesses, which have long struggled with a lack of clarity of the rules of the road. "We're now in a positive regulatory environment, we now have tailwinds from that, and that comes in the case of a market that was already in a bull market … that's going to push us higher."

Persons: Dado Ruvic, Reuters Bitcoin, cryptocurrency, Trump, Mike Colonnese, Wainwright, Donald Trump's, bitcoin, That's, Matt Hougan, We're Organizations: Reuters, Metrics, H.C, Bitwise Asset Management, CNBC Locations: Washington

☆ I used to be a VIP tour guide at Disneyland. Here are 5 things you should never do in the park.
▼ + stars: | 2024-11-08 | by ( Amber Wainwright | ) www.businessinsider.com time to read: +5 min

I worked as a VIP tour guide at Disneyland, so I know which offerings aren't worth visitors' time. AdvertisementIn the five years I worked as a VIP tour guide at Disneyland, I got to know the park very well. Amber WainwrightNothing beats a sky-high view of the park, but the Pixar Pal-A-Round isn't as relaxing as it looks. Don't shop for merch until you're on your way out of the parkDon't buy your merch until you're about to leave the park. AdvertisementAvoid the Mickey & Friends parking structureNo matter where you park at Disneyland, there will likely be many cars already there.

Persons: —, Amber Wainwright, Steer, I've Organizations: Pixar, Mickey, Service, Friends, City Hall Locations: Fantasyland

☆ Half of all global food threatened by growing water crisis, report says
▼ + stars: | 2024-10-17 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +3 min

“The global water crisis is a tragedy but is also an opportunity to transform the economics of water — and to start by valuing water properly so as to recognize its scarcity,” said Ngozi Okonjo-Iweala, Director General of the World Trade Organization and one of the commission’s co-chairs in a statement. With nearly three billion people already in areas experiencing unstable water trends and several cities sinking due to the loss of below-ground water, densely populated areas such as northwestern India, northeastern China and southern and eastern Europe will bear the brunt of global water mismanagement, the report says. “The global water crisis is a ticking time bomb. Even so, a lack of public funds being devoted to water issues by lawmakers around the world will do little to solve the problem. Governments “can’t even react to the symptoms of the water problem, let alone solve the problems if they’re being fiscally strangled,” said UCL's Mazzucato.

Persons: ”, Ngozi, Mariana Mazzucato, we’ve, Mazzucato, Tim Wainwright, “, they’re, UCL's Mazzucato Organizations: World Trade Organization, University College London Institute for Innovation, Purpose, NBC News, OECD, United Nations Locations: India, China, Europe, Netherlands

CNN —A Travis County judge granted a Texas House committee’s last-minute temporary restraining order request against the state just 90 minutes before Robert Roberson was scheduled to be executed Thursday. While authorities have not confirmed the execution is delayed, Roberson’s attorneys and the committee fighting for him told CNN they believe the execution is currently halted. “This is an injustice and his blood is on Abbott and Anderson County,” she told CNN. I did not hear his voice,” Brian Wharton, the former detective who oversaw the investigation into Nikki’s death, told state lawmakers Wednesday at a hearing featuring the case. I don’t want to be there, I don’t want to watch it happen,” Wharton told CNN.

Persons: Travis, Robert Roberson, Amanda Hernandez, Roberson, Sonia Sotomayor, ” Sotomayor, ”, Sotomayor, “, ” Robin Maher, Greg, Abbott, Dale Wainwright, Jennifer Roberson, Brian Wharton, Roberson’s, he’s, pediatricians, Nikki Curtis, They’ve, Paroles, ’, Nikki, Nikki “, –, Robert, ” Brian Wharton, Wharton, Gretchen Sween –, ” Wharton, John Grisham, Sween, Jeff Leach, Antoinette Laskey, ” Laskey Organizations: CNN, Texas, Texas Department, Criminal, US, Former Texas Supreme, Huntsville Unit, Supreme, GOP, Wednesday, Appeals, American Academy of Pediatrics, US Army, National Registry, American Academy of Pediatrics ’, Child Locations: Texas, ” Texas, Travis, Huntsville, Anderson County, Anderson, Palestine , Texas

Democratic nominee Kamala Harris said on her campaign's X account that Trump rambled and "looked confused" on stage during the event. Almost 30 minutes into the town hall event, Trump paused the event so someone in the audience could receive treatment. Two minutes later, as Trump faced the fifth question of the night, another person became ill and the song played again. Kristi Noem of South Dakota asked Trump on stage, "Do you want to play your song and then greet a few people?" A national NBC News poll on Sunday put Trump and Harris neck and neck among registered voters, with three weeks to go until election day.

Persons: Donald Trump, Trump, Sinead O'Connor's, Let's, Kamala Harris, Steven Cheung, ”, Corey Comperatore, Maria, Luciano Pavarotti, Elvis Presley, James Brown, Kristi Noem, Joe Biden, Rufus Wainwright's, Leonard Cohen, The Trump, Harris, Cecilia Harkness, Janice Bauer Organizations: Democratic, Republican, South Dakota, White, Trump, NBC, Sunday Locations: Oaks , Pennsylvania, Butler , Pennsylvania, South, America, Chester County, Montgomery County

☆ Rufus Wainwright says he was ‘mortified’ by Trump campaign’s use of his Leonard Cohen ‘Hallelujah’ cover
▼ + stars: | 2024-10-15 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —Musician Rufus Wainwright is speaking out against the use of his famous cover of Leonard Cohen’s “Hallelujah” by Donald Trump’s presidential campaign at a recent event. In the caption of his post on Tuesday, Wainwright wrote: “The song ‘Hallelujah’ by Leonard Cohen has become an anthem dedicated to peace, love and acceptance of the truth. I’m not holding my breath.”According to the statement, the publishing company for the Cohen estate has sent the Trump campaign a cease and desist letter. CNN has reached out to the Cohen estate, and to Trump campaign spokesperson Steven Cheung, for comment. Wainwright and Cohen’s estate are also not the first to have problems with the Trump campaign playing their music.

Persons: Rufus Wainwright, Leonard Cohen’s, Donald Trump’s, Wainwright, –, Leonard Cohen, I’ve, Trump, ” Wainwright, Kamala Harris , “, Donald Trump, I’m, Cohen, Steven Cheung, ”, ” Michelle L, Rice, Celine Dion, Bruce Springsteen Organizations: CNN, Trump, Republican National Convention, RNC, CBS News, Foo Fighters Locations: Oaks , Pennsylvania, Cohen’s

Fed rate cuts are likely to help push bitcoin and other risk assets higher, but some stablecoin issuers could suffer a hit to their revenue. Tether (USDT) and USD Coin (USDC) dominate the market, making up 70% and 21%, respectively, according to CryptoQuant. "As rates begin to fall, that has a giant impact on their [profit and loss] and their bottom line." Stablecoins – cryptocurrencies that promise a fixed value peg to another asset, usually the U.S. dollar – are widely seen as crypto's killer app. Jeremy Allaire, CEO of USDC issuer Circle, told CNBC lower interest rates are "a very good thing" for the company because lower interest rates will likely increase investment and economic activity – which would benefit the company.

Persons: Bernstein, Kevin Lehtiniitty, they're, Wainwright, Kevin Dede, Jeremy Allaire, Allaire Organizations: U.S ., CNBC

☆ NORAD detects 4 Russian military aircraft near Alaska after US Army recently deployed soldiers to area
▼ + stars: | 2024-09-23 | by ( Mary Kay Mallonee | ) edition.cnn.com time to read: +2 min

CNN —The North American Aerospace Defense Command says it detected four Russian military aircraft flying near Alaska on Monday, less than two weeks after US Army soldiers were deployed to the area as part of a “force protection operation” amid an increase in Russian and Chinese military exercises in the region. The Russian aircraft remained in international airspace in Alaska’s Air Defense Identification Zone (ADIZ) and did not enter American or Canadian sovereign airspace, NORAD said in a statement. “This Russian activity in the Alaska ADIZ occurs regularly and is not seen as a threat,” the statement said. NORAD intercepted Russian military aircraft flying near Alaska several times this month. Though the Biden administration has worked to resume high-level communications with China, including between military leaders, Beijing remains the US’ major military competitor.

Persons: Fort, Biden, Donald Trump, Harris, “, ” Trump, “ we’ll, CNN’s Natasha Bertrand Organizations: CNN, North American Aerospace Defense Command, US Army, Russian, NORAD, Army, 11th Airborne, Base Elmendorf, Republican, Biden Locations: Alaska, Shemya, Fort Wainwright, Ukraine, China, Beijing, Russia

☆ Stablecoins are becoming ‘systemically important’ as market cap returns to record highs, analysts say
▼ + stars: | 2024-09-20 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The market cap for stablecoins — cryptocurrencies that promise a fixed value peg to another asset — has recently reached all-time-high levels after a sharp drop in 2023. Monthly payments in stablecoins tripled to $1.4 trillion in the 12 months leading up to July. This could have investment implications for Robinhood down the road, he added, as it "continues integrating stablecoins for crypto trading & cross-border transfers." Crypto investors watch stablecoins closely for evidence of demand, liquidity and activity in the market. PayPal last year launched its own dollar-backed stablecoin, while Visa has been supporting stablecoin payments and Mastercard is supporting stablecoin wallets and other crypto card programs.

Persons: —, Bernstein, Gautam Chhugani, Kevin Dede, Wainwright, Dede, Goldman Sachs, Wells, Rob Goldstein, Michael Bloom Organizations: H.C, JPMorgan, PayPal, Visa, Mastercard, BlackRock, New, Financial Locations: New York City, Boston, New York

☆ Ether has been dramatically underperforming bitcoin as the investment case for the cryptocurrency weakens
▼ + stars: | 2024-09-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Ether, the second largest cryptocurrency by market cap, is nearly 50% off its all-time high. The ETH/BTC ratio, a sentiment indicator reflecting the relative value of ether compared with bitcoin, is at its lowest level since April 2021. "Bitcoin has a very well established use case, which is a store-of-value currency," said Julio Moreno, head of research at CryptoQuant. Some investors had hoped ether could compete with bitcoin, whose rate of supply growth slows every four years after the halving. However, ether supply has been rising at a fast pace this year, and is on track to resume its pre-Merge levels in the next three months, according to CryptoQuant.

Persons: Ethereum, bitcoin's, hasn't, David Duong, Mike Colonnese, Wainwright, Julio Moreno, Vitalik Buterin, Duong, — CNBC's Michael Bloom Organizations: ETH, BTC, H.C, Citi, Lightning, Coinbase's Locations: Solana

☆ Bitcoin ETFs saw heaviest outflows in four months on Tuesday as crypto prices plunged
▼ + stars: | 2024-09-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Much of the initial enthusiasm surrounding bitcoin ETFs has dissipated in the last few months, following a blockbuster debut that broke records for the ETF market. Spot bitcoin funds now hold a total of around $52.6 billion in assets under management, $10 billion off their peak. As of the end of the second quarter, Wall Street banks and hedge funds were buyers of bitcoin ETFs. Goldman Sachs made its debut in the crypto ETF market in the period, purchasing $418 million worth of bitcoin funds. Of the investment bank's $1.5 trillion in assets under management, it held $189 million worth of spot bitcoin ETFs, down from roughly $270 million in the prior period.

Persons: Ark 21Shares, Bitcoin, Wainwright, Goldman Sachs, Morgan Stanley Organizations: outflows, Investors, SEC, Fidelity, JPMorgan Locations: U.S, Wall

☆ Missing pieces of a Byzantine artifact recovered at Sutton Hoo
▼ + stars: | 2024-08-10 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

The incomplete artifact is on display in the High Hall exhibition at Sutton Hoo in Suffolk, England. A researcher excavates part of the Bromeswell bucket from the trench at Sutton Hoo. Based on the forms of Greek letters at the top of the artifact, researchers think the vessel was already 100 years old when it arrived at Sutton Hoo, Howarth said. Future research at Sutton Hoo could reveal the broader history of the site and what kept drawing people to inhabit it over time, Howarth said. The aim of this project is to look at the landscape and think about who was inhabiting it and how that fits into the wider Sutton Hoo story.”

Persons: Count, David Brun, ”, Laura Howarth, Howarth, James Dobson, ’ ” Howarth, Angus Wainwright, “, David Brunetti, ” Howarth, Sutton, Edith Pretty Organizations: CNN, Sutton, harrow, National Trust ., National Trust, Field, Specialists, Heritage, Hoo, “, British Museum Locations: Suffolk, England, Hoo, African, Sutton Hoo, Byzantine, Antioch, Turkey, Britain, Sutton, Hampshire, East Anglia, what’s, Sri Lanka

☆ How antidepressants can make people more vulnerable to heat
▼ + stars: | 2024-08-02 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

CNN —When Adelaide Saywell posted on TikTok last month that SSRIs, a commonly prescribed antidepressant medication, could make people more vulnerable to heat, it went viral and sparked a deluge of comments. Adelaide Saywell received a flood of surprised comments when she posted about the link between SSRIs and heat intolerance. Dehydration puts people at risk of heat exhaustion and, in particularly severe cases, heat stroke, which is dangerous and potentially deadly. Sondeep Shankar/Bloomberg/Getty ImagesScientists and doctors are still trying to unpick the complex relationship between SSRIs and heat. It is partly the reason why medical professionals don’t always talk about heat when they prescribe these anti-depressants.

Persons: Adelaide Saywell, “, ”, ” Saywell, Laurence Wainwright, Pope Moseley, Moseley, Sondeep Shankar, Wainwright, don’t, ” Wainwright, Reddit, won’t, Saywell, Judith Joseph, Joseph, ” Joseph, “ It’s Organizations: CNN, University of Oxford, Arizona State University, Bloomberg, Getty

☆ How Tennessee artist Aaron Lee Tasjan is using music to combat hate
▼ + stars: | 2024-07-19 | by ( Randi Kaye | ) edition.cnn.com time to read: +4 min

Tasjan regrets not standing up for him at the time, fearing he would be ostracized by association. “It just feels very instinctual to me, to just fall in love with people.”Aaron Lee Tasjan in 2018 in San Francisco, California. Tim Mosenfelder/Getty ImagesAs an artist and an advocate, Tasjan has his work cut out for him. He lives in Nashville Tennessee, a state that in recent years has passed numerous pieces of anti-LGBTQ legislation with more proposed. His LGBTQ-advocacy work in Tennessee, along with his music, is part of that.

Persons: CNN — Long, Aaron Lee Tasjan, Lady Gaga, Jack White, ” Tasjan, CNN’s Randi Kaye, Rufus Wainwright, ”, Tasjan, “, ” Aaron Lee Tasjan, Tim Mosenfelder, …, Bob Dylan, Childish Gambino, Chappell Roan Organizations: CNN, Midwest, Human Rights Locations: Albany Ohio, San Francisco , California, Nashville Tennessee, Tennessee

☆ Judy Garland and ‘The Trolley Song’: Why an 80-year-old performance speaks to today’s LGBTQ community
▼ + stars: | 2024-06-26 | by ( Scottie Andrew | Sydney Bishop | ) edition.cnn.com time to read: +9 min

“The Trolley Song,” a second-act standout from the 1944 movie musical “Meet Me in St. Louis,” was sung by Judy Garland in striking Technicolor. And yet it has found new life online nearly 80 years later as an unlikely anthem for LGBTQ Pride. “Happy pride month (sic) to Judy Garland in the trolley song. Kelleher likened it to Cher’s 1998 autotune fantasia “Believe” but “somehow even more gay.”Like Cher’s hit, “The Trolley Song” is dripping in artifice. “The Trolley Song” has been adopted by LGBTQ people since Garland first started singing it in concert.

Persons: ”, Louis, Judy Garland, Sabrina Carpenter’s, Oz, Dave Karger, Patrick Kelleher, Garland, ” Kelleher, “, huff, Esther Smith, ‘, clang ’, ’, zing ’, Paige Turner, … ” Turner, ” Paige Turner, Turner, Kelleher, Louis ”, Manuel Betancourt, “ Judy, Rufus Wainwright, –, Judy, Rufus, Wainwright, ” Wainwright, Garland’s, ” Karger, Dee Michel, Dorothy, ’ ”, Michel, ” Michel, Jim Bailey, Princess Diana, King Charles, Liza Minnelli, It’s, ” Turner, “ Gay Organizations: CNN, LGBTQ, Turner, TCM, Warner Bros ., Pride, Broadway, Carnegie Hall, Capitol Studios, Gay Boys Locations: St, Ireland, Missouri, New York, London, Los Angeles

☆ The Everything Guide to Partying (Without Regrets)
▼ + stars: | 2024-06-21 | by ( George Gurley | Carson Griffith | ) www.nytimes.com time to read: +22 min

And don’t ask who else is coming. Romilly Newman, chef, food stylist, social media personality Don’t bring a guest to a seated dinner. Raul Tovar/Houses & Parties Rebecca Gardner Please don’t ask people to take off their shoes when entering your apartment. Bronson van Wyck Gosh, I don’t think you can avoid certain topics in 2024. But don’t think you’re décor.

Persons: Ivy Getty, Rufus Wainwright, We've, Lang Phipps, Kate Upton, Illa Gaunt, Rebecca Gardner, William Laird, Sarah Harrelson, Jen Rubio, Jason Sean Weiss Sarah Harrelson, Alex Hitz, Ariel Arce, Larry Milstein, Eat, Maneesh, “ I’m, Wes Gordon, Lizzi Bickford, Smile, Tefi Pessoa, Daisy Prince, There’s, “, Kristy Hurt, headhunter, Kendall Werts, Don’t, Jorn Weisbrodt Rufus Wainwright, Harry Hurt III, Liz Lange, Athena Calderone, Jennifer Gilbert, Kyle Hotchkiss Carone, it’s, you’ve, you’re, ”, Krista Schlueter, The New York Times Molly Jong, Gary Jackson Bronson van, —, Laila Gohar, Susan Gutfreund, it’ll, Josh Flagg, somebody’s, Bronson van Wyck, Max Tucci, Sara Ruffin Costello, David Sedaris’s, Steven Badius, Kyle Hotchkiss, Kendall Werts “, It’s, Truman Capote, Jennifer Gilbert Don’t, Romilly Newman, Raul Tovar, don’t, Emily Post, ” They’re, Jobe, Lela Rose, ” Lizzi Bickford, Paloma Sandoval, Elsie Richter, Whitney, I’m, Zibby Owens, Molly Jong, That’s, Yana Paskova, The New York Times Harry Hurt, Elise Taylor, Francis Hauert, Doris Hauert, Jana Platina, Plum Sykes, Putin, Julie Reiner, Karsten Moran, Jennifer Gilbert I, Ken Fulk, Nobody, Giselle, Emma Gwyther, The New York Times Kendall Werts, Sedi, Nikki Haskell, Andy Warhol, Richard Weisman, Patricia Altschul, Amy Sacco, Hunter McRae, The New York Times Patricia Altschul, Dorothy Parker, Joey Wolffer Joey Wölffer, they’re, now’s, Rufus Wainwright I’m Organizations: Yorker, The New York Times, Trump, Biden, The New York, Google Locations: Converse, Uggs, Gardens, East Hampton, N.Y, New York, Gary Jackson Bronson van Wyck, we’ll, Delmonico’s, Europe, stow, someone’s, New Hampshire, Ukraine, Israel

☆ Miners are selling their bitcoin again as the cryptocurrency struggles to hold onto $70,000
▼ + stars: | 2024-06-13 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

According to data from CryptoQuant, the flow of bitcoin leaving miners wallets for exchanges – which indicates a selling event – reached a two-month high last weekend. Additionally, miner selling through over-the-counter desks saw its biggest daily volume since late March. CryptoQuant shows the hourly transfer of bitcoin from miners to exchanges rose to more than 3,000 bitcoins on June 9. "Daily bitcoin miner revenues stand today at about $35 million, down 55% from their 2024 peak reached in March." That's mostly as a result of "depressed" transaction fees, however, rather than the slashing of miners' block reward at the halving.

Persons: –, Mike Colonnese, Wainwright, we're, Bitcoin, Julio Moreno, Moreno, Colonnese, Iris, Iren, They've Organizations: H.C, Iris Energy Locations: CryptoQuant

☆ Current and former OpenAI employees warn of AI's 'serious risks' and lack of oversight
▼ + stars: | 2024-06-04 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

A group of current and former OpenAI employees published an open letter Tuesday describing concerns about the artificial intelligence industry's rapid advancement despite a lack of oversight and an absence of whistleblower protections for those who wish to speak up. "AI companies have strong financial incentives to avoid effective oversight, and we do not believe bespoke structures of corporate governance are sufficient to change this," the employees wrote. The letter also details the current and former employees' concerns about insufficient whistleblower protections for the AI industry, saying that without effective government oversight, employees are in a relatively unique position to hold companies accountable. "Ordinary whistleblower protections are insufficient because they focus on illegal activity, whereas many of the risks we are concerned about are not yet regulated." Four anonymous OpenAI employees and seven former ones, including Daniel Kokotajlo, Jacob Hilton, William Saunders, Carroll Wainwright and Daniel Ziegler, signed the letter.

Persons: OpenAI, they've, Daniel Kokotajlo, Jacob Hilton, William Saunders, Carroll Wainwright, Daniel Ziegler, Ramana Kumar, Neel Nanda, Geoffrey Hinton, Yoshua Bengio, Stuart Russell Organizations: Google, Microsoft, Meta, CNBC, Security Locations: Anthropic

☆ Dan Hennessey: Boxing announcer quits after backlash to calling wrong winner
▼ + stars: | 2024-05-15 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +3 min

He then declared Johnson the winner, with video footage showing a confused Hughes shaking her head. Hennessey took to Facebook after the fight to apologize and accept “full responsibility” for the mistake, writing on Sunday: “I own it. It’s all on me.”He added: “I have apologized to all involved and now I apologize to you. Not my best day in the office.”Nina Hughes was confused after being announced as the winner before the fight was awarded to Johnson. I was just about to do the post-fight interview but then they started dragging me back by my hand.

Persons: ” Dan Hennessey, Nina Hughes, Cherneka Johnson, Vasiliy, George Kambosos Jr, Hughes, Hennessey, Johnson, “, ” Nina Hughes, Richard Wainwright, ”, ” Hennessey, ” Hughes, I’d, I’ve, ’ ”, ‘ What’s Organizations: CNN, Boxing Association, WBA bantamweight, New Zealand, Facebook, Guardian, WBA Locations: Perth, Australia

☆ Can MLB save the starting pitcher? The search for solutions to baseball’s ‘existential crisis’
▼ + stars: | 2024-05-14 | by ( Jayson Stark | Ken Rosenthal | ) www.nytimes.com time to read: +20 min

Ten active major-league starting pitchers have won a Cy Young Award — and nine of them have spent time on the injured list in 2024. The issue is not only the health of the modern starting pitcher, but the role those starters play in the sport these days. “You’ve got to get the starting pitcher back. But has the starting pitcher crisis risen to that level? If you’re a dominating starting pitcher in this era, it probably means you throw harder than the average pitcher.

Persons: Tom Seaver, Steve Carlton, Sandy Koufax, Bob Gibson, Pedro Martinez, Randy Johnson, ’, Cy Young, Baltimore’s Corbin Burnes, Yu Darvish, Justin Steele, ”, Max Scherzer, “ You’ve, Patrick Mahomes, isn’t, that’s, weren’t, here’s, It’s, they’d, you’re, they’re, David Ortiz, Scherzer, Justin Verlander, Adam Wainwright, they’ve, “, North America aren’t, I’ve, you’ve, ” Scherzer, Corbin Burnes, Patrick Smith, Rob Manfred, we’re, “ You’re, wouldn’t, it’s, “ that’s, He’s, Manfred, Eamonn Dalton, Conrad Williams , Jr, Matthew Grimes Jr Organizations: Cy, Wrigley, San Diego Padres, Chicago Cubs, Cubs, Padres, Major League Baseball, Texas Rangers, NFL, Athletic, MLB, American League, of Fame, didn’t, Atlantic League, Red Sox, National League, North America, Orioles, Newsday, Getty Images, Atlanta Braves, Getty

☆ Bitcoin price may not retest this year's highs for another five months
▼ + stars: | 2024-05-10 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

"It could take three to five months for bitcoin to re-test recent highs," H.C. Wainwright analyst Mike Colonnese told CNBC. BTC.CM= 3M mountain Bitcoin has fallen 11% this quarter Bitcoin miners offer high beta exposure to bitcoin and have historically outperformed it during bull cycles, he added. Colonnese also pointed out that corrections between 25% and 30% are "par for the course" for bitcoin, even in bull cycles. "Looking at previous price cycles, bitcoin has historically peaked between one to one and a half years after a halving event with the bull stage running longer in each subsequent cycle," Colonnese said. "Assuming a similar duration for this bull stage of the price cycle, bitcoin may not reach its cycle peak until October 2025," Colonnese added.

Persons: it's, bitcoin, Wainwright, Mike Colonnese, Wolfe, Rob Ginsberg, Colonnese, Bitcoin, It's, — CNBC's Michael Bloom Organizations: U.S, Metrics, CNBC, Wolfe Research

☆ Bitcoin miners’ main revenue stream is about to be slashed. Here’s what investors need to know
▼ + stars: | 2024-04-17 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The bitcoin halving is set to take place in the next few days, which will cut miners' main stream of revenue in half. "We believe a bitcoin price above $60,000-$65,000 means the halving is de-risked for nearly all public miners," Needham analyst John Todaro wrote in a note to clients on Tuesday. It currently costs miners between $36,000 and $52,700 to mine a single bitcoin, Todaro said. Miners offer amplified exposure to bitcoin's price action, which has been more volatile since the launch of bitcoin ETFs introduced more leverage to the market. "That's propelled bitcoin to a threshold where the miners are really generating healthy economics," said Colonnese.

Persons: —, Needham, John Todaro, Todaro, Iris, Mike Colonnese, Wainwright, Iris Energy, bitcoin, it's, — CNBC's Michael Bloom Organizations: Marathon, Iris Energy, Cipher Mining, Miners, H.C, Iris, JPMorgan Locations: exahash

☆ What to know about this AI stock with ties to Nvidia up nearly 170% in 2024
▼ + stars: | 2024-03-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Investors may want to keep an eye on this artificial intelligence voice-and-speech recognition stock with ties to Nvidia . Shares of SoundHound AI have surged almost 170% this year and nearly 347% in February alone as investors bet on new applications for the booming technology trend that has taken Wall Street by storm. SOUN YTD mountain SoundHound shares in 2024 While the Nvidia investment isn't new news for investors and analysts, it does reinforce SoundHound's value proposition. "With voice enabled units expected to grow to 70% of shipments by 2026, this represents a significant growth opportunity, in our view," he added. He estimates an $11 billion total addressable market when accounting for the immediate opportunities from quick-service restaurants and original equipment manufacturers.

Persons: Dan Ives, Ives, SoundHound, Ladenburg Thalmann's Glenn Mattson, Krispy, Davidson's Gil Luria, Cantor Fitzgerald's Brett Knoblauch, Wainwright's Scott Buck Organizations: Nvidia, Wedbush Securities Locations: Krispy Kreme, Jersey

☆ This is what it's like for US Army paratroopers jumping out of giant C-17s for freezing Arctic airborne assaults
▼ + stars: | 2024-03-06 | by ( Chris Panella | ) www.businessinsider.com time to read: +10 min

US Army paratroopers jumped into Arctic terrain at an exercise in Alaska last month. AdvertisementIn the skies above Alaska, US Army paratroopers, loaded with heavy gear, take the plunge out of a perfectly fine airplane into freezing air temperatures and whipping Arctic winds. The experience is quite intense, troops told Business Insider, an adrenaline rush only heightened by doing it in the Arctic environment. Abreanna GoodrichLast month, US Army Pacific hosted a Joint Pacific Multinational Rotation Center training event near Fairbanks, Alaska. Paratroopers with 2nd Infantry Brigade Combat Team (Airborne), 11th Airborne Division, stage onboard a Boeing C-17 Globemaster III prior to conducting an airborne operation in Donnelly Training Area, Delta Junction, AK, Feb. 8, 2024.

Persons: —, Abreanna Goodrich, USARPAC, Molly Treece, Charles A, Flynn, Derek Dion, you've, Donte Smith, Natalie Doan Smith, Spc.Wyatt Moore, Smith, Natalie Doan, David Hanson, it's Organizations: Army, Service, US Army, Business, U.S . Army, 3rd Battalion, 509th Parachute Infantry Regiment, 2nd Infantry Brigade Combat Team, 11th Airborne Division, Pacific Multinational Readiness, Donnelly Training, U.S, Spc, US Army Pacific, Multinational Rotation Center, Boeing, Delta Junction, U.S . Air Force, 36th Airlift Squadron, Yokota Air Base, Joint Base Elmendorf, . Air Force, Public Affairs, Paratroopers, U.S . Army 2nd Infantry Brigade Combat Team, Public, Public Affairs Detachment Paratroopers, 11th Airborne Locations: Alaska, Fairbanks , Alaska, Hawaii, Delta, AK, China, Russia, North Korea, Wainwright, U.S, Japan, Richardson , Alaska

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