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"A solid iPhone replacement cycle and spec upgrade should help HH's better sales/earnings in 2025-26," the investment bank's analysts wrote. The bank expects the China-based design and manufacturing giant to see strong margins as demand for its casings increases in tandem with better iPhone shipment cycles between 2025 and 2026. "We lift Foxconn Industrial Internet (FII)'s 2024-26E earnings by 2-6% on potentially better iPhone casing sales and strong AI server contribution," the analysts wrote. "We expect BYDE's casing profitability to gradually improve on better operation efficiency (higher automation rate, improving yield)," the analysts wrote. They have lifted the company's 2025-2026 earnings expectations by 2% to "reflect potentially better iPhone volume, robust auto expansion as well as rising AI-related contribution (server, robot)."
Persons: Ming, Chi Kuo, Ross Young, Hai, BofA, Foxconn, — CNBC's Michael Bloom Organizations: Tech, Apple, Bank of America, Hai Precision Industry, Taiwan Stock Exchange, American Depository, New, Industrial, Taiwan Stock Exchanges, U.S . Its, Shenzhen Stock Exchange, China 5G, Semiconductor, Hong Kong Exchange, Hong Locations: U.S, New Taiwan, China, Shanghai, Taiwan, U.S . Its Shanghai, Hong Kong
Washington-based startup Gravitics has signed a $125 million contract to expand Axiom Space's planned space station, the latest deal in the burgeoning private market for orbiting habitats. Axiom is one of several companies building private space stations as NASA plans for the International Space Station to end its time in orbit. Already, Axiom has modules of its space station being built by Italian aerospace contractor Thales Alenia. The space station modules Gravitics is designing range from 3 meters (9 feet) to 8 meters (26 feet) in diameter. Axiom was the first to win a NASA contract for building space station modules, and Gravitics would connect its spacecraft later this decade.
Persons: Colin Doughan, Gravitics, Glenn, Doughan Organizations: CNBC, NASA, International, Thales Alenia Locations: Washington, Seattle
Read previewThe Russian Aerospace Forces are using a new munition in Ukraine that might change the situation on the ground. In June, Russian aircraft deployed for the first time the FAB-3000 M-54 glide bomb. Ukrainian outlets reported the use of the glide bomb against Ukrainian troop concentration points in Kharkiv Oblast in eastern Ukraine. Relying on a combination of stand-off and glide munitions, Russian aircraft have been targeting Ukrainian critical infrastructure and urban centers. But beyond causing some additional casualties to the Ukrainian forces, Russian tactical aviation hasn't made a difference.
Persons: , Stu, Avi, lar, hav, tim e s and Organizations: Service, Russian Aerospace Forces, Russian, Business, FAB, for, Ukrainian Air Force Locations: Ukraine, Kharkiv Oblast, Russian, 🇷🇺🇺🇦
CNN —A Chinese rocket crashed after being accidentally launched during a ground test Sunday, its company Space Pioneer said in a statement. The crash happened when the first stage of the Tianlong-3 rocket detached from its launch pad during a test, due to structural failure. “Due to the structural failure of the connection between the rocket body and the test platform, the first-stage rocket was separated from the launch pad,” Space Pioneer, also known as Beijing Tianbing Technology, said. Space Pioneer, a leading company in the commercial rocket sphere, specializes in liquid-propellant rockets. In April 2023, it successfully launched its Tianlong-2 rocket, making the company China’s first commercial launch operator to send a liquid carrier rocket into space and successfully enter orbit, according to state media.
Persons: China’s Chang’e, Xi Jinping – Organizations: CNN, Beijing Tianbing Technology Locations: Gongyi, China, Beijing, United States
Rare purple pigment found in Bronze Age pottery
  + stars: | 2024-06-29 | by ( Ashley Strickland | ) edition.cnn.com   time to read: +6 min
CPA Media Pte Ltd/Alamy Stock PhotoAncient Greeks and the Romans considered Tyrian purple, first developed in the Bronze Age, an elite, royal color. But the recipe for the long-lasting pigment, made using Mediterranean sea snails, disappeared with the fall of the Byzantine Empire. Now, researchers have found the precious pigment within pottery fragments containing 3,600-year-old purple dye from a Bronze Age workshop in Kolonna on the Greek island of Aegina. Life for a vulnerable child in the Stone Age would have been difficult because Neanderthals moved from place to place. Meanwhile, the agency has selected SpaceX to design a vehicle that will drag the space station out of orbit at the end of the decade when it ceases operations and plummets into the ocean.
Persons: Jesus Christ, Down, paleoanthropologist Mercedes Conde, Valverde, ” Conde, Trent Sugg, Tracy Dyson, NASA’s OSIRIS, REx, China’s, NASA’s, Mars, Emin Yogurtcuoglu, , — Wood, Ashley Strickland, Katie Hunt Organizations: CNN, CPA Media, University of Alcalá, NASA, Collins Aerospace, Boeing, SpaceX, Anadolu Agency, Getty, CNN Space, Science Locations: Byzantine Empire, Kolonna, Aegina, Spain, , Iceland, Rainier, Washington, Kyrenia
Setbacks in orbitSeveral more helium leaks were identified while the craft was en route to the International Space Station along with the thruster issues. That’s why Boeing and NASA teams then chose to leave the Starliner spacecraft safely docked with the space station while they worked to learn as much as possible about those issues. The first Starliner test mission took place without a crew in December 2019. That’s at the core of the mysteries Boeing and NASA are seeking to unravel during the Starliner spacecraft’s extended mission. Extended stays in spaceIt’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months.
Persons: CNN —, , Suni Williams, Butch Wilmore, Steve Stich, , ” Stich, what’s, ” “ We’re, Stich, Mark Nappi, Nappi, whittle, ” Nappi, , ’ —, Williams, “ We’ve, , That’s, Frank Rubio Organizations: CNN, International Space Station, Boeing, NASA, Space, Atlas, International Space, SpaceX, Cargo, Space Station, Astronauts Locations: New Mexico, Russian
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing is doing damage control as its first crewed commercial spacecraft remains on the International Space Station (ISS) with no confirmed return date. This story is available exclusively to Business Insider subscribers. AdvertisementAs Business Insider previously reported, helium supports Starlink's reaction control system thrusters, which allows them to fire. "Starliner is performing well in orbit while docked to the space station," the spokesperson said, though they added that no return date has been confirmed.
Persons: , Butch Wilmore, Suni Williams Organizations: Service, Space, NASA, Business, Boeing, Financial Times Locations: Boeing's
Hong Kong CNN —China’s Chang’e-6 lunar module returned to Earth Tuesday, successfully completing its historic mission to collect the first ever samples from the far side of the moon in a major step forward for the country’s ambitious space program. “The Chang’e-6 lunar exploration mission has been a complete success,” said Zhang Kejian, head of the China National Space Administration (CNSA), from the control room. Once they receive the samples, Chinese scientists are expected to share data and carry out joint research with international partners, before Beijing later opens the samples for access by international teams, according to statements from CNSA officials. China and the US are not alone in eyeing the national prestige, potential scientific benefits, access to resources and further deep space exploration that successful moon missions could bring. Last year, India landed its first spacecraft on the moon, while Russia’s first lunar mission in decades ended in failure when its Luna 25 probe crashed into the moon’s surface.
Persons: China’s, , Zhang Kejian, Xi Jinping –, , zhong ”, Luna, James Head, Yuqi Qian, Artemis, Bill Nelson, ” Nelson Organizations: Hong Kong CNN, Tuesday, CCTV, China National Space Administration, CNN, Brown University, , University of Hong, International, NASA, Luna Locations: Hong Kong, Mongolia, United States, Beijing, China, Soviet, University of Hong Kong, India, Japan, Texas, Chang’e
CNN —Ford is recalling more than 550,000 F-150 pickups in the United States because of an issue that can cause the transmission to suddenly and unexpectedly, at any speed, shift down to first gear. Before that happens, a malfunction indicator light in the truck’s gauge cluster may turn on Ford spokesperson Maria Buczkowski said in an email to CNN. To fix the problem, Ford dealers will update the trucks’ control module software at no cost to the owner. Ford will start mailing letters to owners of the trucks involved in a few days. A new software update to fix the 2014 trucks will be ready sometime in the next three months, Buczkowski said.
Persons: CNN — Ford, Maria Buczkowski, Ford, Buczkowski Organizations: CNN, Ford Locations: United States
Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. The Triceratops fossil emerged first as it eroded from the rock of the Hell Creek Formation in 2006. Across the universeAn artist's illustration shows a supermassive black hole as it wakes up at the center of a faraway galaxy. M. Kornmesser/ESOAstronomers are watching a supermassive black hole awakening in the middle of a distant galaxy for the first time. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt.
Persons: dino, rex, Mark Eatman, , Eatman, Sergey Krasovskiy, Lokiceratops rangiformis, Lokiceratops, Butch Wilmore, Suni Williams, won’t, Stephen Hawking, Robert Erwan Fordyce, Benjamin Kear, Martin Bernetti, Fernando Trujillo, Ashley Strickland, Katie Hunt Organizations: CNN, North Carolina Museum of Natural Sciences, NASA, International Space Station, Boeing, ESO, University of Otago, Southern Hemisphere, Uppsala University’s Museum, Evolution, Getty, CNN Space, Science Locations: what’s, Montana, Raleigh, what's, Maribo, Denmark, British, New Zealand, Pangea, Uppsala, Sweden, Nui, Chile, AFP, Easter, Rapa, Colombian
Read previewNew video footage appears to capture the first combat employment of Russia's 6,600-pound glide bomb in Ukraine, a highly destructive capability that analysts say could be a tremendous problem for Kyiv. The munition was outfitted with a unified planning and correction module that turns it into a glide bomb, meaning it could have been air-launched from far away. Reportedly the first video of a Russian FAB-3000 UMPK glide bomb strike. Advertisement"Russian forces have already increased guided and unguided glide bomb use against Ukraine, particularly in Kharkiv Oblast, to devastating effect," they said. Unlike conventional gravity bombs, glide bombs have flight control surfaces and are standoff weapons.
Persons: , VilUVEYlmJ, — Rob Lee Organizations: Service, Business, Russian FAB, FAB, Institute for, Ukrainian, Ukraine, Russian Defense Ministry, Russian Defense Ministry Press Locations: Ukraine, Kyiv, Kharkiv, Russian, Russia, Kharkiv Oblast, Ukrainian
We're fundamentally building a medical device to serve unmet needs. What that does is it allows us to connect to the brain and receive data from the brain. And so Paradromics can take the science and apply the right engineering to get us from research to medical device. I work on developing processes or selecting the materials that we would like to use to build our cortical module, which is the brain implant portion of our system. We see that the first million people to get brain computer interfaces are going to be getting them to treat severe medical conditions.
Persons: Matt Angle, Paradromics, They're, I'm, Kimiko Nakajima, we're Organizations: BCI
Spaceflight veterans Suni Williams and Butch Wilmore arrived at the space station aboard the Starliner on June 6. It’s not uncommon for astronauts to unexpectedly extend their stay aboard the space station — for days, weeks or even months. But the situation makes for a moment of uncertainty and embarrassment that joins a long list of similar blunders by the Boeing Starliner program, which is already years behind schedule. The Starliner spacecraft on NASA's Boeing Crew Flight Test is pictured docked to the Harmony module's forward port on June 13 as the International Space Station orbited 262 miles above Egypt's Mediterranean coast. The first Starliner test mission, flown without crew in late 2019, was riddled with missteps.
Persons: CNN —, Suni Williams, Butch Wilmore, Williams, Wilmore, it’s, , , Steve Stich, Mark Nappi, It’s, Stich, Starliner, Wilmore —, Robert Behnken, Douglas Hurley, Joel Kowsky, Bob Behnken, Doug Hurley —, Hurley, Behnken’s, ” Stich, Michael Lembeck, Lembeck, , Dragon, ” Lembeck, ” Nappi, “ Everything’s, ” Williams Organizations: CNN, NASA, International, Spaceflight, Boeing, NASA's Boeing, Harmony, SpaceX, International Space, University of Illinois Locations: firma, University of Illinois Urbana, Champaign
DraftKings — The sports betting stock added 1.8% after Morgan Stanley reiterated its overweight rating and said shares were again worthy of a top-pick designation. Morgan Stanley said the stock can rally despite concerns around Illinois' legalization of a sports betting tax. Nvidia — Shares were marginally lower ahead of the chipmaker stock's first day of trading after its 10-for-1 stock split . Planet Fitness — Stock in the fitness center chain advanced about 4% on the heels of an upgrade from Jefferies earlier on Monday. Analyst Randal Konik said "the stars have aligned" for Planet Fitness stock, adding that he expects strong franchise unit growth in 2025.
Persons: GoDaddy, Robert Half, Dow, Morgan Stanley, Joseph Moore, Randal Konik, — CNBC's Michelle Fox, Alex Harring, Jesse Pound Organizations: KKR, CrowdStrike, Comerica, Dow Jones, Dell Technologies, Palantir Technologies, AMD —, Nvidia —, Southwest Airlines —, Street Journal, Elliott Investment Management, Carvana, JPMorgan, Energy Global, Jefferies, Fitness Locations: Illinois
AdvertisementTariffs are finally in play on cheap solar imports from Asia after a two-year moratorium on the restrictions expired on Thursday. In 2023, the Department of Commerce determined that Chinese solar was making its way into the US duty-free, despite tariffs on imports from the country. But this gave way to a flood of cheap imports, causing solar prices to crater last year. Meanwhile, solar shipments from Southeast Asian producers have not slowed, and accounted for 87.5% of US module imports in the first quarter, S&P Global said. The tariffs could eventually bring upside for US producers, and Carr indicates that a 25%-30% price correction for solar modules could materialize.
Persons: , Mike Carr, Carr, David Feldman Organizations: Service, Solar Energy Manufacturers of America, Department of Commerce, P Global, National Renewable Energy Laboratory, Reuters, Commerce Department Locations: Southeast Asia, Asia, China
CNN —William Anders, a NASA astronaut who was part of the 1968 Apollo 8 crew who were the first three people to orbit the moon, has died in a plane crash in Washington state, according to his son, Gregory Anders. Anders served as a fighter pilot in all-weather interception squadrons of the Air Defense Command in California and Iceland, according to NASA and the US Naval Academy. Taken aboard Apollo 8 by William Anders, this iconic picture shows Earth peeking out from beyond the lunar surface as the first crewed spacecraft circumnavigated the Moon, with astronauts Anders, Frank Borman and Jim Lovell aboard. Anders served as the lunar module pilot for the historic flight. Anders served as Executive Secretary for the National Aeronautics and Space Council from 1969 to 1973, according to NASA.
Persons: William Anders, Gregory Anders, ” Anders, Anders, Frank Borman, Jim Lovell, , Lovell, Borman, Gerald Ford, Bill Nelson, “ Bill Anders, ” Nelson, Valerie, CNN’s Ashley Strickland Organizations: CNN, NASA, San Juan County Sheriff’s, United States Coast Guard, United States Naval Academy, US Air Force, US Naval, Air Defense Command, US Naval Academy, Air Force Weapons Laboratory, Apollo, Time Magazine, National Aeronautics, Space Council, Nuclear Regulatory Commission Locations: Washington, San Juan Islands, San Juan County, Jones, Seattle, Hong Kong, California, Iceland, New Mexico
In this article NVDARIVN Follow your favorite stocks CREATE FREE ACCOUNT2025 Rivian R1S RivianRivian Automotive has redesigned its all-electric R1 pickup and SUV models to improve range, performance and computing power with the help of Nvidia chips, the company said Thursday. Amid the most notable changes to the new vehicles is their computing power, which Rivian says delivers 10 times more performance than the previous system. The lower-priced vehicles are crucial to Rivian's expansion as sales of its current models have slowed amid a sluggish industrywide sales pace for electric vehicles. 2025 Rivian R1T and R1S RivianRivian said pricing for the second-generation R1S SUV will increase $1,000 from current models to start at $75,900, with top-end trimotor models starting around $106,000. Rivian said the vehicles also feature more luxurious, updated interiors as well as a fully redesigned software interface.
Persons: Rivian, RJ Scaringe, R1T, Rivian Rivian Organizations: Nvidia, Max Locations: Illinois, Georgia, The California
Boeing’s Starliner sits on the launchpad at sunset, at Cape Canaveral Space Force Station in Florida, on Friday, May 31. The entire stack, including the rocket and spacecraft, was rolled back from the launchpad for testing and repairs. Several issues also cropped up during the June 1 launch attempt, which was called with less than four minutes left on the countdown clock prior to liftoff. But moments before liftoff, the ground launch sequencer — the computer that tells the rocket to launch — triggered an automatic hold that prevented the launch. The United Launch Alliance team investigated the issue and replaced the computer over the weekend, and deemed Starliner ready to fly once more.
Persons: Boeing’s Starliner, Joel Kowsky, NASA Starliner, Starliner Organizations: Cape Canaveral Space Force, NASA, Atlas V, V, United Launch Alliance Locations: Florida
CNN —Boeing’s Starliner mission will make a third attempt at launching its first crewed flight test Wednesday in a milestone that has been a decade in the making. Veteran NASA astronauts Butch Wilmore and Suni Williams are set to ride aboard the Starliner capsule on a journey that takes them to the International Space Station. Cory S Huston/NASAIf Starliner successfully lifts off, the astronauts will spend just over 24 hours traveling to the space station. The station’s really designed to be a closed loop.”Now, the urine has to be stored onboard in containers, so Starliner’s anticipated arrival to the space station can’t come soon enough. This mission could be the final major milestone before NASA deems Boeing’s Starliner spacecraft ready for routine operations to deliver astronauts and cargo to the space station.
Persons: CNN —, Butch Wilmore, Suni Williams, Bill Nelson, , ” Nelson, Williams, Cory S Huston, Starliner, , Dana Weigel, Wilmore, Steve Stich, SpaceX —, Lockheed Martin, Tory Bruno, , it’s, Bruno Organizations: CNN, Atlas, Cape Canaveral Space Force, Veteran NASA, International Space, cumulus, Weather Squadron, NASA, Mercury, Gemini, Apollo, NASA’s, Space Station, SpaceX, Atlas V, United Launch Alliance, Boeing, Lockheed Locations: Florida, States, United States
New Delhi CNN —India, the world’s fastest growing major economy, is not firing on all cylinders. The engineering graduate started working at Finnish electronics manufacturer Salcomp’s factory in the southern Indian state of Tamil Nadu last year. Adnan Abidi/ReutersLike India, women in China were also relegated to subordinate roles for centuries. Factory jobsMuch of this change is visible in Tamil Nadu, India’s industrial powerhouse where companies such as Foxconn and Samsung have manufacturing plants. Employees test mobile phones on an assembly line of a unit of Foxconn Technology in Sriperumbudur, Tamil Nadu, on July 12, 2019.
Persons: Narendra Modi, Gunasri Tamilselvan, Tamilselvan, , , It’s, Chandrasekhar Sripada, Adnan Abidi, Mao, ” Mao, Modi, Vishnu Venugopalan, Deepesh Nanda, Karen Dias, Parameshwari, Arun Roy, Roy Organizations: New, New Delhi CNN, European Union —, CNN, World Bank, Bank, McKinsey, Indian School of Business, Reuters, Communist Party, Apple, Samsung, Guidance, Tata Group, Tata Power, Foxconn Technology, Bloomberg, Getty, Tata, Tamil Locations: New Delhi, India, Tamil Nadu, South Asia, United States, China, Nongriat, Shillong, Meghalaya, Beijing, Washington, Guidance Tamil, Sriperumbudur, Tirunelveli, Zhengzhou, Tamil
I launched my own business, "Digital Business Manager Bootcamp," in April 2020. I slowly transitioned into a "cozy entrepreneur," where I set boundaries with work and am kinder to myself. I stopped shaming myself and set boundaries around workI started using "soft entrepreneur" and "cozy entrepreneur" around a year ago. One step I took toward becoming a "soft entrepreneur" was implementing a "no-shame policy." I see myself sticking with "soft entrepreneurship" for the foreseeable future.
Persons: , Deya Aliaga, wasn't, Aliaga, Max Schallwig, I'd, I've, It's Organizations: Service, Business, YouTube, Revenue, Research Locations: Berlin
CNN —Dozens of 3D-printed homes have been built across the world – to house a family in the US state of Virginia or members of an impoverished community in rural Mexico. Last month, the ASCC unveiled what it says is the world’s largest polymer 3D printer. Its giant printer, and its predecessor, which in 2019 was certified by Guinness World Records as the “largest prototype polymer 3D printer,” are the only printers building homes with wood residuals, says Dagher. This timelapse video shows the world’s largest 3D printer printing a house module. If they can reach that target, their 3D-printed homes will be “very competitive with current housing construction costs,” he adds.
Persons: ” Habib Dagher, he’s, Dagher, you’ve, , Nobody’s, , I’m Organizations: CNN, University of Maine’s, Composites Center, United Arab Emirates, Guinness World Records, University of Maine, Composites Locations: Virginia, Mexico, Austin , Texas, Maine, Dubai, , Orono , Maine
First Solar still has substantially room to run even after rallying about 80% over the past two months, with tailwinds from tariffs and data center demand on the horizon, according to Goldman Sachs. Goldman raised its stock price target for First Solar by nearly $31 to $302 per share, implying 11% upside from Friday's close of $271.76. First Solar is also party to a trade case that could result in the imposition of tariffs on solar module manufacturers from four Southeast Asian nations. Goldman has estimated that power demand from data centers will more than double to 8% of total U.S. consumption by 2030. Goldman sees First Solar's earnings per share increasing by about 20% in 2027 if the company adds a new plant.
Persons: Goldman Sachs, Goldman, Brian Lee, Biden, FSLR TAN, Lee Organizations: Goldman, Amazon, Microsoft, Brookfield Asset Management, hasn't Locations: U.S, China, Indiana
A Chinese spacecraft landed on the far side of the moon Sunday to collect soil and rock samples that could provide insights into differences between the less-explored region and the better-known near side. The landing module touched down at 6:23 a.m. Beijing time in a huge crater known as the South Pole-Aitken Basin, the China National Space Administration said. The mission is the sixth in the Chang'e moon exploration program, which is named after a Chinese moon goddess. It is the second designed to bring back samples, following the Chang'e 5, which did so from the near side in 2020. The moon program is part of a growing rivalry with the U.S. — still the leader in space exploration — and others, including Japan and India.
Persons: Organizations: China National Space Administration, U.S, NASA Locations: Beijing, Aitken, China, Japan, India, United States, America
Hong Kong CNN —China’s Chang’e-6 lunar lander successfully touched down on the far side of the moon Sunday morning Beijing time, in a significant step for the ambitious mission that could advance the country’s aspirations of putting astronauts on the moon. China’s most complex robotic lunar endeavor to date, the uncrewed mission aims to return samples to Earth from the moon’s far side for the first time. The landing marks the second time a mission has successfully reached the far side of the moon. The probe will spend two days on the far side of the moon, and 14 hours to collect moon soil samples, Xinhua reported. Last year, India landed a spacecraft on the moon for the first time, while Russia’s first lunar landing mission in decades ended in failure when its Luna 25 probe crashed into the moon’s surface.
Persons: China’s Organizations: Hong Kong CNN, China National Space Administration, Xinhua, Luna, NASA Locations: Hong Kong, Beijing, Aitken, China, United States, Mongolia, India, Japan, Texas
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