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Tesla's new Cybertruck is shown on display at a Tesla store in San Diego, California, on Dec. 9, 2023. Tesla has issued a voluntary recall of 3,878 Cybertrucks to fix a "stuck pedal" issue that had been depicted in a viral TikTok video posted last week by owner Jose Martinez. After assessing the problem, Tesla on April 12 decided to issue a voluntary recall of the Cybertrucks, the filing says. CNBC asked the NHTSA about the trapped pedal issue on the Cybertruck on April 14, after Martinez's video raised public awareness of the defect and unintended acceleration. The NHTSA said it "uses many data sources in its enforcement processes, including social media and vehicle owner and other related forums."
Persons: Tesla, Jose Martinez, Elon Musk Organizations: National, Traffic Safety Administration, CNBC, NHTSA Locations: San Diego , California
New York CNN —In the early stages of life, a key metric is growth. Netflix is trying to persuade Wall Street that it is now all grown up. time spent) as our best proxy for customer satisfaction,” Netflix underscored in its letter to shareholders. Netflix forecasted its subscriber growth to be lower in quarter two, chalking it up to “typical seasonality.” That led the stock to slide nearly 5% in after-hours trading. Whatever the cause, the stock sliding on the less-than-ideal outlook is a prime example of why Netflix wants Wall Street to stop focusing on its subscriber numbers.
Persons: Wall, It’s, “ We’re, Nielsen, won’t Organizations: New York CNN, Netflix Locations: New York
Read previewWith benefits like increased longevity, improved sleep, and a strengthened immune system, physical activity is a key component of maintaining a healthy lifestyle. The Department of Health and Human Services' "Physical Activity Guidelines for Americans" recommends adults do 150 minutes of moderate-intensity or 75 minutes of vigorous-intensity aerobic physical activity a week, at minimum. To determine adults' physical inactivity levels, the CDC used data collected by the Behavioral Risk Factor Surveillance System from 2017 to 2020. AdvertisementAdults from 52 jurisdictions were included in the survey, including 49 states, as well as Washington, DC, Guam, and Puerto Rico. Here are the 10 least active and 10 most active states in the US based on the prevalence of physical inactivity as determined by the CDC.
Persons: Organizations: Service, of Health, Human Services, Business, CDC Locations: Washington, DC, Guam, Puerto Rico, New Jersey
Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025. It's also a signal Netflix's second wave of subscriber growth may be ending. Netflix shares fell 4% in after-hours trading, in part because of a weaker full-year revenue growth outlook than some analysts estimated. Netflix forecast revenue growth of 16% in the second quarter but just 13% to 15% for the full year. "In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential," Netflix said in its shareholder letter.
Persons: It's, haven't, Greg Peters Organizations: Netflix, ARM, Apple, Warner Bros, Disney, Paramount Global, Comcast, CNBC Locations: U.S
The Georgia Republican filed an amendment to a $26.38 billion Israel aid bill that would divert some of that funding toward "the development of space laser technology on the southwest border" of the United States. Related storiesIn the case of the "Jewish space lasers," she connected the wildfire to the Rothschild family of Jewish financiers, a favorite target of antisemitic conspiracy theories. The "Jewish space laser" theory has become a staple piece of mockery for those attacking Greene, and is often brought up by reporters. Greene has voted against Israel aid in the past, and she's long been one of the most outspoken opponents of Ukraine aid. She also introduced seven amendments to the Ukraine aid bill, including provisions that would divert money to US disaster zones or force any members of Congress who support the bill to enlist in the Ukrainian military.
Persons: , Marjorie Taylor Greene, I've, Greene, I’ve, oDeDqTXvQQ —, Marjorie Taylor Greene 🇺🇸 ( Organizations: Service, Georgia Republican, Facebook, Business Locations: Israel, United States, America
A record surge of data center construction is underway to provide the computing and storage that underpins society's fast-expanding digital footprint and powers artificial intelligence. In areas of the country where data centers have clustered, utilities have unveiled plans to spend billions of dollars to keep up. asked David Springe, the executive director of the National Association of State Utility Consumer Advocates. "Then you have the data centers that are having exponential load growth," Nelson said. Data centers also don't deliver the number of long term jobs – a key yardstick for public benefits – that other industries do.
Persons: Mike DeWine, David Springe, they're, Ryan Augsburger, Augsburger, Ron Nelson, Strategen, ratepayers, Nelson, Steve Helber, That's, PJM, David Lapp, Lapp, Jeffrey Shields, Shields, Kantele Franko, Shelby Moore, Meta, behemoth Blackstone, QTS, John Gavan, Daniel Tait, Tait Organizations: Amazon, Ohioans, Business, Wall, Boston Consulting Group, National Association of State, Consumer, Ohio Manufacturers ' Association, Web Services, Energy, Dominion Energy, Federal Energy Regulatory Commission, Tech, Wall Street titans, American Electric Power, Buckeye Power, AEP, Buckeye, AEP Ohio, Staff, Intel, Policy Institute Locations: Ohio, ratepayers, Chester , Va, Virginia, PJM, Chicago, New Jersey, New York City, Maryland, West Virginia, Pennsylvania, Columbus , Ohio, Denver, New Albany , Ohio, Minnesota, Columbus, Mississippi
AdvertisementFor years, Netflix investors cared about one thing more than anything else: Go-go growth, which they measured by the number of subscribers the streaming company signed up. To push that point across, last year, Netflix stopped providing quarterly guidance on subscriber growth. But it's also understandable if investors think Netflix is going to stop providing subscriber numbers because the numbers aren't going to be as impressive in the future. Today, Netflix has nearly 270 million paid subscribers around the world, which makes it much, much bigger than its peers. AdvertisementThat's why Netflix's admission that it lost a million subscribers two years ago shook the entire media world and had everyone asking — was that a Netflix problem or a Streaming problem?
Persons: , that's, it's Organizations: Netflix, Service, Disney
Does this mean people should start screening for cancer at younger ages? In the United States, lung cancer, colorectal cancer, pancreatic cancer and breast cancer are the four top causes of cancer deaths. For instance, in the United States, the US Preventive Services Task Force recommends that people begin colon cancer screenings at age 45. One in 3 people who are eligible for colon cancer screenings have never received any screening exams, according to the American Cancer Society. As little as one or two minutes of vigorous exercise a day can lower cancer risk, as can reducing ultraprocessed food.
Persons: Leana Wen, Wen, hasn’t, It’s Organizations: CNN, American Cancer Society, George Washington University, Oncology, US Preventive Services Task Force, Brigade Locations: United States
On Tuesday, 267 S & P 500 stocks made new 20-day lows. Only one S & P 500 component made a new 20-day high. As is clear, the stock has broken out of one bullish pattern (blue) and is trying to trigger another one (green). Lastly, VLTO's former parent company, DHR, has underperformed both the S & P 500 and the industrials sector since it topped in 2021. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: it's, VLTO, It's, Frank Cappelleri
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Following back-to-back declines of more than 1%, the S & P 500 moved further into oversold territory, according to the S & P 500 Short Range Oscillator, an indicator we follow closely in volatile markets . In a dispatch from vacation Tuesday, Jim Cramer sent us his market thoughts to pass along to members: "Throughout this year we have been scaling out positions into strength. 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, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, Club, Dow, UnitedHealth Locations: Informatica
For young men in particular, it's an enticing, if a bit troubling, prospect. For some young men, a level of nihilism about the economy leads to an impetus to take some risks. Along with the rise of new customers, problem-gambling behavior is increasing, especially among young men. The New Jersey report identified a significant prevalence of high-risk stock trading among young men. According to the National Council on Problem Gambling, some 2.5 million Americans have a severe gambling problem, and another 5 million to 8 million have a problem it considers mild or moderate.
Persons: You've, Donald Trump's, Crypto, they're, they've, Timothy Fong, we've, Fong, it's, Kahlil Philander, haven't, Philander, Davids, Goliaths, Warren Buffett, Berkshire Hathaway, Emily Stewart Organizations: GameStop, AMC, NCAA, Pew Research, UCLA, Washington State University, National Council, sportsbooks, Business Locations: America, United States, Berkshire, New Jersey, Atlantic, Jersey, Plenty
Copper is used in data centers for power cables, electrical connectors, power strips and more, Jefferies noted in an April 10 note. It estimates that global copper demand by data centers will increase from 239 kt (thousand tons) in 2023 to at least 450 kt per annum in 2030. "Hopes for GenAI / data centre copper demand growth are adding to investor bullishness on copper, against a backdrop of constrained supply," it wrote. For those looking to buy into the sector, CNBC Pro screened for stocks in the Global X Copper Miners ETF. In addition to the Global X Copper Miners ETF, those who want to invest in this sector via exchange-traded funds can consider the Sprott Copper Miners ETF and the iShares Copper and Metals Mining ETF.
Persons: Jefferies, Morgan Stanley, It's Organizations: CNBC Pro, Copper Miners, Solaris Resources, Filo Mining, Miners, Metals Mining
Eva-katalin | E+ | Getty ImagesIt is common folklore, a fairy tale of sorts, that middle-class Americans received perpetual relief in the Tax Cuts and Jobs Act of 2017. First, property taxes generate 32% of state and local income, and U.S. median single-family home property taxes have risen by more than 25% since 2019. Congress will be motivated to etch all the tax cuts in stone, but it would only add fuel to the debt bonfire. watch nowThere is also the qualified business income deduction that offers a 20% tax break for small businesses provided they are below certain income thresholds. All of this is in addition to crippling cost-of-living challenges from excessive government spending, the well our Treasury would have to revisit to make these tax cuts permanent.
Persons: Eva, katalin, he's, Peter G, Uncle Sam, Roth, depreciate — Organizations: Taxation, Economic, Peterson Foundation, Chamber, Commerce, Treasury, Hope Congress, Real, IRS Locations: U.S, United States
"On the road to financial independence, I was trying to save and invest as much as I could as early as I could," he told Business Insider. Related stories"A vast majority of the people that are pursuing FIRE or financial independence have a much more measured approach to the pursuit and are doing it on their own terms," he said. How to hit financial independence without a 'sacrifice mentality'A common misconception about the Financial Independence, Retire Early (FIRE) movement is that it requires immense sacrifice. "Younger people are now much more focused on the freedom component and being able to get freedom now while simultaneously pursuing financial independence." As opposed to aggressively saving 80% of their income and waiting 10 years to reach financial independence.
Persons: , Grant Sabatier, he'd, he's, He's, there's, it's, Sabatier, Lauren, Steven Keys, Steven, you'll, We're Organizations: Service, Business, Financial Independence
In 2018, a Guatemalan court ruled that the army committed acts of genocide, but no one was convicted. Lucas García, 91, was meant to face trial this year with former military intelligence chief Manuel Callejas y Callejas. Robert Nickelsberg/Archive Photos/Getty ImagesBurt said this “expression of racism is extremely profound,” and its knock-on effects are evident in Guatemala today. Survivors from the civil war gather outside the Supreme Court, prior to a hearing in the Ixil Genocide trial, in Guatemala City, Guatemala March 25, 2024. When the trial was due to start at the end of March, Lucas García’s lawyers announced their resignation.
Persons: CNN — Juan Brito López, Brito López, Manuel Benedicto Lucas García, Lucas García, Benedicto Lucas Garcia, Johan Ordonez, Lucas García’s, AJR, Fernando Romeo Lucas García, “ Lucas García, Manuel Callejas y, Callejas, Jesús Silvio, Romeo Lucas García’s, ” Jo, Marie Burt, , Robert Nickelsberg, Burt, Efrain Rios Montt, Tiziano Breda, Claudia Paz y Paz, CICIG, ” Silvio, ” Will Freeman, Cristina Chiquin, Bernardo Arévalo, Public Ministry –, Consuelo Porras ­­, hasn’t, Michelle Liang, , Brito López’s, Catarina Chel, tormenter, Silvia, ” CNN’s Tara John, Ivonne Valdés Organizations: CNN, United, Getty, Association for Justice, Reconciliation, Human, Washington Office, UN, Guatemalan Army, , Central American, International, Commission, Council, Foreign Relations, Reuters CNN, Public Ministry, US, Network, Solidarity, ” CNN Locations: Pexla, Guatemala City, United Nations, Guatemalan, Guatemala, America, , Santa Cruz de Quiche, of Guatemala, New York, Mexico City
How the corporate America is handling sticky inflation and the prospect of higher interest rates will be top of mind for investors in the week ahead, after this week's choppy moves. The first-quarter earnings season, which kicked off Friday, will give Wall Street insight into how businesses expect to weather an environment of elevated interest rates. More macro data, such as U.S. retail sales, will give insight into how the consumer is handling higher pricing pressures. First-quarter earnings season underway The corporate earnings season kicks into high gear in the week ahead. This week, the small cap Russell 2000 is on track for a losing week, down by more than 1%.
Persons: Bob Doll, CNBC's, Wolfe, Rob Ginsberg, Ginsberg, Goldman Sachs, Morgan Stanley, FactSet, Robert Haworth, Haworth, Charles Schwab, Johnson, D.R, KeyCorp Organizations: Dow Jones Industrial, Exxon Mobil, Costco, Apple, Crossmark, Investments, Investors, Bank of America, Consumer, U.S . Bank, Index, Retail, T Bank, Housing, Manufacturing, Hunt Transport Services, United Airlines, Johnson, Bank of New York Mellon, UnitedHealth Group, Northern Trust, CSX, Discover Financial Services, Prologis, U.S . Bancorp, Philadelphia Fed, American Express, Procter, Gamble, Fifth Third Bancorp, Schlumberger Locations: America, China, NAHB, Vegas Sands, U.S, Horton
So, I tested popular apps with VR workouts like Supernatural, Litesport, Xponential+, FitXR, and Les Mills XR Bodycombat. The Supernatural VR app combined beautiful surroundings with full-body workoutsI worked out while wearing my Meta Quest 3 VR headset. The app's music library set it apart from the other VR workout apps I've tried, many of which didn't have recognizable songs. Many of the workout apps I tried tapped into my competitive drive by creating a video-game-like environment. The next time I feel unmotivated to work out, I might try a VR exercise app.
Persons: , Lara Walsh, I've, FitXR, Les, Mills, would've, they're Organizations: Service, VR, Les, Pico Locations: Machu Picchu, China, Barre, StretchLab
This trade seeks to take advantage of the current discount and the heightened volatility being applied to Intel. INTC SOXX 5Y mountain Intel, 5 years Earlier this week, Intel unveiled its latest artificial intelligence chip, called Gaudi 3. Intel is trying to penetrate and take market share from AI leader Nvidia, which possesses nearly 80% of the market share in the AI chip market. This trade seeks to capitalize on the increase in volatility as Intel dropped nearly 4% on the open. DISCLOSURES: (Long intel and this trade) THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY .
Persons: Mike Tyson, YouTuber Jake Paul, Gaudi Organizations: Intel, AMD, Nvidia, intel Locations: China
We'll show you everything you need to know about the competition, including how to watch Liverpool vs. Atalanta free from anywhere. Keep reading to learn all of your Europa League watch options, including how to access free live stream options via a VPN. How to watch Liverpool vs. Atalanta in the USParamount+ is the US home to UEFA Europa League matches with English-language commentary. How to watch Liverpool vs. Atalanta in AustraliaIn Australia, you can stream UEFA Europa League games through Stan, which costs anywhere from $10-$21 a month. How to watch Liverpool vs. Atalanta in AustriaThe Liverpool vs. Atalanta game is available to live stream in Austria via ServusTV.
Persons: We'll, Stan, Stan Sport, ExpressVPN Organizations: Business, UEFA Europa League, Liverpool, Atalanta, Anfield, Europa League, Paramount, League, CBS, Nickelodeon, Comedy Central, BET, MTV, NFL, Champions League, Showtime, TNT Sports, Amazon, Austrian, Virgin Media Locations: Australia, Austria, ServusTV, Ireland
But, if you’re President Joe Biden, now is a particularly bad time for inflation to reaccelerate. On the other hand, bad economic data, especially regarding inflation, almost certainly guarantees people aren’t going to be feeling better about the economy. Significant progress over the past two years in getting inflation down from multi-decade highs has been of little help to struggling Americans. “We have more to do to lower costs for hardworking families,” he said. The shelter index, a broader component of the inflation report that covers a majority of housing expenses, is up 5.7% year-over-year.
Persons: CNN Business ’, New York CNN — There’s, Joe Biden, Biden, hasn’t, Ron Klain, , Ian Maule, he’s, CNN Biden, Organizations: CNN Business, New York CNN, Labor, Politico, Biden, Center, CNN, Republican Locations: New York, Las Vegas , Nevada
Wooden turbine towers could make wind power even greener
  + stars: | 2024-04-10 | by ( Arya Jyothi | ) edition.cnn.com   time to read: +6 min
Swedish company Modvion believes it has found a greener alternative — building turbine towers from wood. ModvionAccording to Otto Lundman, co-founder and CEO of Modvion, using wooden towers reduces the lifecycle emissions of a wind turbine by over 25%, and by 90% if you only compare the tower component of the turbine. He adds that if you take into account the carbon dioxide absorbed by trees when they grow, the wooden towers can be considered to store more carbon that they emit. In 2023 the company installed its first commercial two-megawatt unit, a 105-meter-high (345 feet) wooden turbine tower, called Wind of Change, outside Skara, Sweden, for electric utility company Varberg Energi. “But in wind power standards, wood is not really considered for the towers, it’s mostly steel and concrete.
Persons: Modvion, Otto Lundman, Lundman, David Olivegren, Wood, , Abbas Kazemi Amiri, Amiri, , Paul Wennerholm Organizations: CNN, Swedish Energy Agency, Wind Energy, Control, University of Strathclyde, Voodin Blades Locations: Sweden, Skara, University of Strathclyde , Glasgow
Nvidia founder and CEO Jensen Huang displays products onstage during the annual Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Chipmaking giant Nvidia has entered "correction territory," with shares now down 10% from all-time highs. Nvidia GPUs are commonly used for compute-intensive AI applications, such as OpenAI's ChatGPT AI chatbot. It reported a 486% jump in non-GAAP earnings per diluted share in the December quarter, citing huge chips demand, thanks to the popularity of generative AI models. Shares are off 10% from their last all-time high close of $950 apiece, which they hit on March 25.
Persons: Jensen Huang Organizations: Nvidia, SAP Center Locations: San Jose , California, U.S
Switzerland's government said on Wednesday that UBS and three other systemically relevant banks must face tougher capital requirements to shield the country's wider economy, a year after the rescue of Credit Suisse. In 209 pages of recommendations on how to police banks deemed "too big to fail" (TBTF), the Swiss government pitched 22 measures for direct implementation. It stopped short of saying how far stricter capital requirements should go. The increase in requirements for UBS will be "substantial, especially if UBS were to retain its current size and structure, or even grow," it noted in an explanatory document. The Swiss government-backed takeover by UBS of Credit Suisse last year was the biggest merger of banks of systemic importance since the 2007-9 financial crisis.
Persons: Switzerland's Organizations: UBS, Credit Suisse, Swiss Locations: Manhattan , New York City, Switzerland, Swiss
CNN —A museum in Australia is being forced to allow men into art exhibit originally conceived for women only, after a tribunal ruled it “discriminatory,” following a complaint by a disgruntled man who was denied entry. During proceedings, Kaechele told the tribunal that denying men entry to the mysterious room is indeed part of the art — giving them a taste of the discrimination and exclusion many women have experienced through history. “Because the requirement is that it will have to open to men, and that’s not happening,” she said. After Tuesday’s ruling, MONA’s official spokesperson told CNN that the institution was “deeply disappointed” by the tribunal’s decision. It was beautiful, the room, the art installation, the meaning of it all.”
Persons: MONA, Kirsha Kaechele, , ” Jason Lau, Lau, , Kaechele, , Jesse Hunniford, ” Kaechele, Charlotte Vignau Kaechele, Tuesday’s Organizations: CNN, Tasmania’s, of, Tasmanian Civil, KK Locations: Australia, New South Wales, Lau’s
Stocks that have missed out on this year's market rally could be solid contenders for a rebound, according to Goldman Sachs. Heading into the second quarter, Goldman searched for buy-rated names in its coverage universe that could win big going forward. Goldman screened for "compounders," which offer investors high financial returns, free cash flow generation, margin expansion and sales growth. Most analysts covering the stock currently have a buy rating assigned to the name, with about 39% upside to the consensus price target, per LSEG. Pfizer stock has slipped 9% this year.
Persons: Goldman Sachs, Goldman, Dan Levy, Levy, Guggenheim, Vamil Divan, Lamb Weston, Jefferies, Rob Dickerson Organizations: Barclays, Pfizer Locations: U.S
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