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☆ South African government refuses to help hundreds of illegal miners in disused shaft
▼ + stars: | 2024-11-14 | by ( Nimi Princewill | ) edition.cnn.com time to read: +3 min

Food and water supplies to those underground have been halted by police seeking to force the illegal miners to come to the surface, according to Reuters. ‘We are going to smoke them out’Minister in the Presidency, Khumbudzo Ntshavheni, said on Wednesday that no help would be given to the illegal miners. According to Mathe, the police spokesperson, at least 1,172 illegal miners have so far surfaced voluntarily amid the pressure campaign. “Community members are stepping in and demanding to go and rescue these illegal miners themselves. Police have been escalating attempts to stamp out the activity of illegal miners, known locally as “zama zamas.” More than a billion dollars is lost to illegal mining in South Africa annually, according to the country’s Minerals Council.

Persons: Athlenda Mathe, Ntomboxolo Qwanti, Sabata Mokgwabone, Khumbudzo Ntshavheni, ”, Mametlwe Sebei, Ntshavheni’s, Sebei, Mathe Organizations: CNN, Reuters, South Africa’s Minerals, Agence France, Presse, AFP, North West, Associated Press, General Industries Workers Union, “, Police, country’s Minerals Locations: South Africa, South, Stilfontein, North West province, North

☆ The billionaire CEO who made history with SpaceX describes facing the 'vacuum of death' in only a spacesuit
▼ + stars: | 2024-11-14 | by ( Ana Altchek | ) www.businessinsider.com time to read: +8 min

He spoke about what felt different during his second space mission and the challenges of living off-world. AdvertisementThe SpaceX mission, Isaacson's second trip to space with the rocket company cofounded by Elon Musk, required flying through risky radiation belts. Join the Polaris Dawn crew to learn details behind some of the ~40 science and research experiments being conducted during the mission. The team prepped extensively for Polaris Dawn, spending hundreds of hours in pressurized suit testing. Following the landing, Isaacman said, one of his SpaceX crew members experienced a minor case of spaceflight-associated neuromuscular syndrome, which impacts vision.

Persons: Jared Isaacman, Jared Isaacman's, Shift4, Isaacman, Sarah Gillis, Gillis, Elon Musk, Inspiration4, Polaris Dawn, NASA's, He's, he's, Jude, There's, We'll Organizations: Polaris, SpaceX, Business, Netflix, Polaris Dawn, Space Center, Polaris Program, St Locations: Mars

☆ An under-the-radar Trump trade that will benefit from pro-crypto stance and deregulation
▼ + stars: | 2024-11-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

"But SQ has also come under regulators' scrutiny (FinCen, CFPB) recently around its Cash App and Afterpay businesses. The president-elect has taken a pro-crypto stance during his time on the campaign trail , pledging to ensure that the federal government does not sell off its bitcoin holdings. A more favorable regulatory environment could also spell gains for Visa , which has rallied around 19% this year, according to Bernstein. "While it is unlikely that the DOJ pulls the case, it's possible that President-elect Trump names a more pro-business Head, who might be more amenable to a weaker settlement with Visa." That stock has seen the biggest year-to-date gains of the three, rising around 24%.

Persons: Donald Trump's, Bernstein, Harshita Rawat, Rawat, Trump, Gary Gensler Organizations: U.S . Securities, Exchange, Visa, Department of Justice, DOJ, Trump, Mastercard, Discover Financial

☆ AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
▼ + stars: | 2024-11-13 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

CoreWeave, a startup that rents out Nvidia's artificial intelligence chips to other companies, said Wednesday that it closed a $650 million secondary share sale, with Cisco and Pure Storage investing alongside financial institutions. Bloomberg reported last month that CoreWeave was targeting a $23 billion valuation for the deal, up from $19 billion in a $1.1 billion investment round announced in May. CoreWeave is going head-to-head with large cloud infrastructure providers, such as Amazon and Google in providing Nvidia's graphics processing units, or GPUs, to companies for AI workloads. The following month Nvidia said its H200 GPUs had become available through CoreWeave, meaning the startup was the first cloud provider to reach general availability with the graphics cards. In addition to Cisco and Pure, investment firms including BlackRock , Coatue and Fidelity participated in CoreWeave's secondary sale.

Persons: CoreWeave, OpenAI's ChatGPT, Mike Intrator, CNBC's Organizations: Cisco, Bloomberg, Google, Nvidia, Microsoft, Investors, Core, Fidelity Locations: BlackRock, Coatue

☆ Exxon CEO says Trump should keep U.S. involved in global effort to address climate change
▼ + stars: | 2024-11-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump should keep the U.S. involved in global efforts to address climate change, Exxon Mobil CEO Darren Woods said Tuesday. Climate Change Conference and "continue to have the U.S. influence policy around the world," Woods told CNBC's "Squawk Box" on Tuesday. Trump withdrew the U.S. from the Paris climate agreement in 2017 and is expected to do so again in his second term. "I'm not sure how 'drill, baby, drill' translates into policy," Woods told CNBC's "Squawk Box" on Nov. 1, referencing one of Trump's campaign slogans. Exxon's production levels are based on how much money the company can return to shareholders, not which political party is on office, he said.

Persons: Donald Trump, Darren Woods, Trump, Woods, CNBC's, Joe Biden, Wood, I'm, Biden Organizations: Exxon Mobil, Exxon, Economic, of New, CNBC, U.S Locations: U.S, Baku, Azerbaijan, Paris, of New York

☆ 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

☆ Underwater robot spots a glowing ‘mystery mollusk’ in the ocean’s midnight zone
▼ + stars: | 2024-11-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

Investigating Bathydevius and its adaptations could reveal more about the midnight zone, which is the largest habitat on Earth and accounts for 70% of all seawater on the planet. A study describing the new species published Tuesday in the journal Deep Sea Research Part I. “The deep water column is maybe the last place you’d expect to find a nudibranch,” Robison said. The midnight zone is cold and dark and very forbidding to us terrestrial creatures, yet it is filled with life, albeit life forms adapted to a very different set of challenges than we face. The sea slug is bioluminescent, leading it to look "starry" when threatened.

Persons: Bathydevius, Bruce Robison, Steven Haddock, “ We’ve, ”, Robison, Haddock, Mariana Trench, ” Robison, Bathydevius caudactylus, ” Haddock, smothers, “, Bioluminescence Organizations: CNN —, Aquarium Research, Aquarium Research Institute, Tiburon, ”, National Oceanic, Atmospheric Administration Locations: Monterey, Monterey Bay, Coast, North America, Oregon, Southern California, Mariana, Mt, Everest

☆ Indonesia’s new leader calls for collaboration with China before heading to the U.S.
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

Subianto wrapped up the first stop of his first overseas trip since taking office three weeks ago. He is headed next to Washington — where the U.S. government is confronting China’s rise — and then to Peru and Brazil for the Asia-Pacific Economic Cooperation and Group of 20 summits. They agreed to hold a first-ever joint meeting of their foreign and defense ministers in 2025, a joint statement said. China also helped build Indonesia’s first high-speed railway, an 88-mile route between Jakarta and Bandung that opened last year. But a flood of low-priced Chinese products has hit Indonesia’s garment makers hard, closing factories and prompting calls for import tariffs.

Persons: Prabowo Subianto, ”, Subianto, Washington —, Xi Jinping, ” Subianto, “ Organizations: BEIJING, Economic Cooperation, Group Locations: China, Washington, Peru, Brazil, Asia, “ Indonesia, Indonesia, South China, Beijing, Indonesian, Jakarta, Bandung

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Dell and more
▼ + stars: | 2024-11-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Piper Sandler names Nvidia a top pick The firm said Nvidia is a new top pick. Morgan Stanley reiterates Dell as overweight Morgan Stanley raised its price target on Dell to $154 per share from $136. Morgan Stanley reiterates Nvidia as overweight The firm raised its price target on Nvidia to $160 per share from $150. Wedbush reiterates Tesla as outperform The firm said Tesla remains well positioned. "We are raising our price target on Tesla to $400 from $300 as we believe the Trump White House win will be a gamechanger for the autonomous and AI story for Tesla and Musk over the coming years."

Persons: Wedbush, Piper Sandler, Bernstein, BURL, Morgan Stanley, Dell, DELL, Wolfe, underperform Wolfe, We've, WBD, Blackwell, Cabot, Tesla, Raymond James downgrades Bloomin, Raymond James Organizations: UBS, Vale, Nvidia, Blackwell, Citi, Apple, JPMorgan, Dell, Warner Bros, NBA, Deutsche Bank, Cisco, Orion, Trump White House, Bank of America Locations: China, Burlington, Brazil

☆ Climate Action 15: 2024's Leading Innovators for a Sustainable Future
▼ + stars: | 2024-11-11 | by ( ) www.businessinsider.com time to read: +40 min

Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.

Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, —, Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina

☆ Nomura names Japanese stocks that trade like bitcoin — and analysts give one over 80% upside
▼ + stars: | 2024-11-11 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Investment bank Nomura has screened for Japanese stocks with "high bitcoin price sensitivity," following a surge in the cryptocurrency's price. It comes as analysts say bitcoin prices could hit $100,000 by the end of the year following President-elect Donald Trump's victory . The bank said it conducted multiple regression analyses of stocks to identify which have a high bitcoin price sensitivity. Those covering Micronics give it an average price target of 7,033.33 Japanese yen ($46.05) — indicating almost 83% upside potential. Analysts give Towa Corp an average target price of 3,466.67 Japanese yen, or 67.5% upside potential, according to FactSet.

Persons: Donald Trump's, bitcoin, Bitcoin Trump, — CNBC's Michael Bloom Organizations: Nomura, BTC, Towa Corporation, Towa, SoftBank Locations: Japan, FactSet

☆ The 2 things that will drive the stock market after last week's Trump-Fed rally
▼ + stars: | 2024-11-10 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stock Chart Icon Stock chart icon Performance since Nov. 1 closeThe stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, sending the Dow , the S&P 500 and the Nasdaq to all-time highs. For the week, consumer discretionary, energy, industrials, financials, and information technology were the top five sectors. Only time will tell how the balance of power will play out and whether it's good or bad for the stock market. Barring anything catastrophic, President Joe Biden and Vice President Harris will hand Trump the baton of a healthy economy with moderating inflation and a strong stock market. Stock Chart Icon Stock chart icon Disney YTDDisney reports before the bell Thursday, and its experiences business will be in focus as it has softened recently due to the recent hurricane activity that forced closures at Florida theme park locations and inflation-weary consumers.

Persons: Donald Trump, Jerome Powell, Drew Angerer, Republican Donald Trump's, Kamala Harris, Dow, Jim Cramer, Wells Fargo Morgan Stanley, Trump, Joe Biden, Harris, FactSet, Helene, Milton, we're, Disney's, Tyson, JD.com Organizations: Federal, White House, Republican, Dow, Nasdaq, Staples, Honeywell, White, Capitol, Republicans, NBC News, Trump, Depot, Disney, CPI, PPI, Home Depot, Summer, IAC, Hertz, Tyson Foods, TSN, AstraZeneca, Occidental Petroleum, Rocket Companies, Cisco, Parts Locations: Washington ,, financials, Washington, inflect, Florida, Paris

When Donald J. Trump repeatedly singled out the Japanese construction equipment maker Komatsu during his 2016 presidential campaign, employees at the company were taken aback. In one interview, Mr. Trump criticized the Affordable Care Act as being so expensive that it required people to “get hit by a Komatsu tractor” to meet the deductible. At the time, Komatsu’s president brushed off the remarks, saying the company was grateful to Mr. Trump for helping to raise its global profile. After his improbable victory over Hillary Clinton, however, Komatsu took steps to ingratiate itself with the Trump White House. Since then, it has increased investments in North America, adding thousands of workers to its payroll and ramping up domestic production.

Persons: Donald J, Trump, “, Hillary Clinton, Komatsu Organizations: Komatsu, Trump White Locations: Tokyo, ingratiate, American, North America

Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. "Our primary focus is #Bitcoin," Dorsey proclaimed on Twitter. The name of the business unit would be TBD. Block called it Web5 and said the mission was to create a more decentralized, secure and private internet. Dorsey said in a tweet in mid-2022 that Web5 "will likely be our most important contribution to the internet."

Persons: Jack Dorsey, Shiba Inu, bitcoin, Dorsey, Amrita Ahuja Organizations: Twitter Inc, Twitter, Square Inc Locations: Miami , Florida, U.S

☆ Bitcoin's on track to hit $100,000 after Trump's election victory, analysts say
▼ + stars: | 2024-11-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Bitcoin is on track to hit the $100,000 price milestone by the end of the year after President-elect Donald Trump's election victory, according to analysts. Bitcoin at $100,000 "doesn't sound so unreasonable" given it equates to "just 10% of gold's market share," Butterfill told CNBC in emailed comments. BTC to hit $100K by Trump's inauguration A $100,000 bitcoin price is likely to be reached by the time Trump is inaugurated president on Jan. 20, 2025, according to Fadi Aboualfa, head of research at crypto custodian Copper.co. Still, with bitcoin exchange-traded funds currently holding roughly 1.1 million bitcoins, momentum is likely to be positive in the coming months, Aboualfa added. It cuts in half the supply of bitcoin issued to miners who successfully produce new bitcoins.

Persons: Donald Trump's, James Butterfill, Butterfill, Trump, Kamala Harris, Gary Gensler, CoinShares, Kooner, Fadi Aboualfa, Aboualfa Organizations: Republicans, CNBC, Wednesday, U.S . Securities, Exchange Commission, SEC, Federal Reserve, BTC, Trump's Locations: America, bitcoin, U.S

See the Voting Groups That Swung to the Right in the 2024 Vote Donald J. Trump’s swift victory was driven by red shifts across the country, with gains among seemingly every possible grouping of Americans. PennsylvaniaPennsylvania, a crucial swing state, shifted red in 2016, blue in 2020 and back to red in 2024. Less-educated counties 2,460 counties More-educated counties 285 countiesEconomic types In 2024, Mr. Trump’s support in farming counties continued to grow. Farming counties 417 counties Mining counties 206 counties Manufacturing counties 480 countiesAge Mr. Trump has generally been more popular with older voters, but his electoral performance improved across other age groups. Younger counties 101 counties Middle-age counties 521 counties Older counties 323 counties

Persons: Donald J, Joseph R, Biden, Jr, Trump, Trump’s, Kamala Harris, Harris Organizations: Mr, Georgia North Carolina Wisconsin Michigan, Mecklenburg Co, Wayne Co, Detroit, Suburban, Rural, Democratic, Mining, Manufacturing Locations: Pennsylvania Pennsylvania, Pennsylvania, Georgia, Georgia North Carolina, Georgia North Carolina Wisconsin Michigan Cities, Philadelphia, Mecklenburg, Charlotte, Mich, Detroit, Atlanta, Urban, Black

☆ Trump claims presidential win. Here is what he promised the crypto industry ahead of the election
▼ + stars: | 2024-11-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

Former President Donald Trump arrives for his campaign rally at the Trump National Doral Golf Club in Doral, Florida, on July 9, 2024. Getting that money required him to make big promises pertaining to the crypto industry. "For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin," Trump said during his keynote speech. Trump pledged to maintain the current level of bitcoin holdings that the U.S. has amassed from seizing assets from financial criminals. "On day one, I will fire Gary Gensler," Trump said, referencing the Joe Biden-appointed SEC chairman who has taken an aggressive approach to crypto regulation.

Persons: Donald Trump, Joe Raedle, Elon Musk, Robert F, Kennedy, Jr, Cantor Fitzgerald, Howard Lutnick, Trump, MicroStrategy, Gary Gensler, Joe Biden, Gensler, Crypto, haven't, Sen, Elizabeth Warren, Bitcoin, Jerome Powell Organizations: Trump National Doral Golf Club, Getty, Republican, Strategic, White, U.S . Marshals Service, U.S . Securities, Exchange, SEC, Trump, Lago Club, Riot, Marathon Digital Holdings, Radical Communist, Federal Reserve Locations: Doral , Florida, Nashville, United States of America, Germany, America, Palm Beach , Florida, China, Russia, USA

☆ Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below $69,000
▼ + stars: | 2024-11-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Cryptocurrencies were slightly higher as investors looked forward to results from the U.S. presidential election. We believe bitcoin, being less than 0.1% of global financial assets, has enough headroom for growth regardless of election outcome." "A constructive crypto friendly SEC would open opportunity for all crypto assets beyond bitcoin," he said. And … if either side pushes towards a crypto friendly SEC. The Trump side has promised a crypto friendly SEC, while the Harris side has promised to defend ownership of crypto assets, although the crypto community would have preferred more specific crypto policy from Harris."

Persons: memecoins dogecoin, Shiba, bitcoin, Mara, Coinbase, Kamala Harris, Donald Trump, Harris, Bernstein, Gautam Chhugani, Chhugani, there's, Trump, Gary Gensler, Sen, Elizabeth Warren Organizations: U.S, Metrics, Solana, Mara Holdings, SEC, Trump, Securities and Exchange Commission Locations: bitcoin

☆ The US is on the cusp of a lithium boom to loosen China's grip on EVs
▼ + stars: | 2024-10-31 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +7 min

AdvertisementThe US is on the cusp of a lithium boom after years of laying the groundwork for an electric-vehicle supply chain that doesn't rely on China. The three sites, expected to come online between 2026 and 2028, would massively increase the US's lithium supply. A Tiehm's buckwheat plant in Esmeralda County, Nevada, grows beside where the Rhyolite Ridge lithium-boron mine is planned. AdvertisementRowe said Ioneer redesigned the Rhyolite Ridge mine to limit its footprint in the critical habitat of the endangered wildflower, Tiehm's buckwheat. The Biden administration, in issuing the permit for the mine, said it would not jeopardize the flower's survival.

Persons: —, Biden, Bernard Rowe, VCG, Rowe, Karl Friedhoff, Robyn Beck, Thacker, Ioneer, brines Organizations: Service, EV, Atlantic Council, Chicago Council, Global Affairs, House, Biological Diversity, Biden, Western Shoshone Defense, AP, Resources, Survey Locations: Nevada and California, China, Nevada, Thacker, Australia, South America, Chile, Argentina, Shanghai İnternational Port, Asia, Japan, India, Ioneer, California, Texas, Shoshone, Esmeralda County , Nevada, Oregon, Arkansas

☆ Linde falls after its guidance fails to wow the market. We've seen this movie before
▼ + stars: | 2024-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

To be sure, it wasn't the typical beat-and-raise quarter that Linde has become known for over the years. Linde Why we own it: The industrial gas supplier and engineering firm has a stellar track record of consistent earnings growth. It increased to $10 billion thanks to the largest gas project sale in company history. Other companies in the industrial gas space have a shakier track record at this, especially for clean hydrogen projects. Guidance For the fourth quarter, Linde expects adjusted EPS in the range of $3.86 to $3.96, implying 8% to 10% growth compared with the year-ago period.

Persons: Linde, —, Sanjiv Lamba, shouldn't, Lamba, Jim Cramer's, Jim Cramer, Jim Organizations: Linde, Revenue, LSEG, LIN, Products, CNBC, Tanks, Bloomberg, Getty Locations: Americas, Europe, Middle East, Africa, Asia, China, India, Dow Chemical's Fort Saskatchewan

☆ Lovisa Sjoberg survives snake bite during days lost in Australia’s Snowy Mountains
▼ + stars: | 2024-10-28 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +3 min

Lovisa Sjoberg, 48, was spotted by rescuers as she walked along a bush trail in Kosciuszko National Park, southwest of the capital Canberra, on Sunday afternoon. New South Wales Police Superintendent Toby Lindsay said Monday she was “fortunate to be alive” after being bitten by a snake, potentially a copperhead. The northern part of Kosciuszko National Park recently reopened to visitors after an annual closure during winter. Wild horses in the Kosciuszko National Park in New South Wales, Australia. SL/iStockphoto/Getty ImagesPlans by the New South Wales National Parks and Wildlife Service (NPWS) to shoot brumbies from helicopters led to a failed legal bid to stop the cull this year.

Persons: Australia CNN —, ”, Lovisa Sjoberg, Toby Lindsay, ” Lindsay, “, Mark Kostich, brumby Organizations: Australia CNN, New South Wales Police, Police, Officers, Kosciuszko National, New South Wales National Parks and Wildlife Service, brumbies Locations: Brisbane, Australia, Kosciuszko, Canberra, New, New South Wales

☆ Netflix's new drama is being called the Australian 'Yellowstone.' Fans are already clamoring for a season 2.
▼ + stars: | 2024-10-28 | by ( Olivia Singh | ) www.businessinsider.com time to read: +4 min

"Territory" is a new Netflix drama series about the fight for a cattle station in Australia. Here's everything we know about a potential season 2. Netflix's answer to "Yellowstone" has arrived in the form of a new drama series with sweeping views of Australia and a family's fight to preserve their legacy. With comparisons to successful shows like "Yellowstone" and "Succession," and a solid debut on Netflix, "Territory" could have longevity on the streamer. The finale ends with Colin giving Graham and Emily the keys to the house, alluding to them becoming the new successors — meaning there's plenty more to explore in a potential season two.

Persons: —, Timothy Lee, Ben Davie's, Daniel Lawson, Jake Ryan, Kevin Costner, Sam Corlett, Marshall Lawson, Kylah, Sharnie Kennedy, Sam Delich, Rich Petrakis, Taylor Sheridan, John Linson, Harrison Ford, Helen Mirren, Michelle Pfeiffer, Michael Dorman, Graham Lawson, Susie Lawson, Philippa Northeast, Graham, Emily Lawson, Anna Torv, Lachie Kirby, Joe Klocek, Susie, Sandra Kirby, Sara Wiseman, Sandra, Susie isn't, Colin Lawson, Robert Taylor, Colin, Emily Organizations: Netflix, Service, Marianne, Paramount, Netflix Netflix, Hollywood, Guardian, Sheridan Locations: Australia, Territory, " Territory, Montana, Madison

☆ TSMC suspended shipments to China firm after chip found on Huawei processor, Reuters reports
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +1 min

The Taiwan Semiconductor Manufacturing Co. (TSMC) building at the Central Taiwan Science Park in Taichung, Taiwan, on Friday, April 8, 2022. Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the matter. Sophgo had ordered chips from TSMC that matched the one found on Huawei's Ascend 910B, the people said. Reuters could not determine how the chip ended up on the Huawei product. Tech research firm TechInsights discovered the TSMC chip on Huawei's Ascend 910B when it took apart the multi-chip processor, a different source told Reuters on Tuesday.

Persons: Sophgo, TechInsights, TSMC Organizations: Taiwan Semiconductor Manufacturing Co, Central Taiwan Science, Taiwan Semiconductor Manufacturing Company, Huawei, Reuters, TSMC, U.S . Department of Commerce, Taiwan Locations: Taichung, Taiwan, China, Tech

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Spotify Walmart, Nio, Broadcom Roblox & more
▼ + stars: | 2024-10-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley initiates FrontView REIT as overweight Morgan Stanley said the commercial real estate investment trust company is well positioned. " Morgan Stanley downgrades Global Foundries to equal weight from overweight Morgan Stanley said it sees rising competition for the semis company. " Morgan Stanley upgrades Nutanix to overweight from equal weight Morgan Stanley said the cloud computing software company is well positioned. " Morgan Stanley downgrades Ciena to equal weight from overweight Morgan Stanley said it sees a more balanced risk/reward for the networking and systems software company. Wedbush adds Roblox to the best ideas list The firm said it sees robust revenue growth ahead.

Persons: Cantor Fitzgerald, Morgan Stanley, FrontView, Baird, AAON, Canaccord, Tesla, Jefferies, NTNX, Wells, Raymond James downgrades, Wolfe, DOV, Morgan Stanley downgrades Ciena, Piper Sandler, Bowlero, Piper, Goldman Sachs, Goldman, it's bullish, Marcellus, Bernstein, SARO, Stifel downgrades, Oppenheimer, Monness Crespi Hardt, Coinbase, Stifel, it's Organizations: Nvidia, Broadcom, MU, JPMorgan, Apple, Dell, Cisco, Spotify, Honeywell, Walmart, " Bank of America, Antero Resources, Bank of America, Macquarie, China EV, Stifel downgrades Colgate, Palmolive, Colgate, Commerce, ~$ Locations: AVGO, 1H25, Dover, Appalachia, Utica, West Virginia

☆ FEMA conspiracy theories that have stoked chaos in the South date back to the 1980s
▼ + stars: | 2024-10-27 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +12 min

Unlike with the hurricane rumor response page, FEMA did not appear to respond to the rumors on its page for the wildfires. By 2009, Alex Jones, perhaps one of the most widely known modern conspiracy theorists, was promoting the false FEMA camps conspiracy theory and deriding those who attempted to debunk it. The FEMA camps conspiracy theory continued throughout the height of the pandemic after President Joe Biden signed various executive orders regarding vaccinations and testing. Ron DeSantis said the plan was “not necessary” and referred to the vaccination sites as “FEMA camps.”Although the FEMA camp conspiracy theory has been shot down again and again, Aniano believes this won’t be the last of it. “The conspiracy theory, it’s going to come up again,” Aniano said.

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