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☆ Stocks making the biggest moves midday: Carvana, Icahn Enterprises, Novavax, Fisker and more
▼ + stars: | 2023-07-10 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Carvana — Shares soared 10% in midday trading. The company said on Monday it expected exponential growth within its used electric vehicle segment as consumer demand for EVs skyrocket. Lucid — The luxury electric vehicle company added 3.4%. Fisker — Fisker rose 2% after the electric vehicle maker said it's issuing a $340 million convertible note offering. On Friday, the company disclosed in a securities filing that it would receive $350 million from Canada for unused Covid-19 vaccines.

Persons: EVs skyrocket, Morgan Stanley, Jefferies, DraftKings, Carl Icahn's, Fisker, Jesse Pound, Sarah Min, Yun Li, Samantha Subin Organizations: EVs, Shockwave, JPMorgan, Cava, Icahn Locations: Cava, Canada

☆ Here are Monday's biggest analyst calls: Apple, Netflix, Amazon, Cava, Disney, Rivian, Tesla & more
▼ + stars: | 2023-07-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley upgrades Shockwave Medical to overweight from equal weight Morgan Stanley said shares of the cardiovascular medical device company are well positioned. Jefferies reiterates Tesla as hold Jefferies raised its price target on Tesla to $265 per shar from $185 but said it's standing by its hold rating. UBS reiterates Disney as buy UBS said it's cautious heading into Disney earnings in early August, but it's sticking with its buy rating. Morgan Stanley reiterates Netflix as equal weight Morgan Stanley raised its price target on the stock to $450 per share from $350 and said the risk/reward for Netflix is balanced. Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's standing by its buy rating on the electric vehicle company. "

Persons: Estee Lauder, Wells, Fox, Morgan Stanley, Goldman Sachs, Goldman, Charles Schwab, JMP, Schwab, KBW, it's, Jefferies, Tesla, JPMorgan, Rivian, Stifel, Oppenheimer Organizations: Citi, Estee Lauder Citi, Fox News, Nvidia, company's Data, Bank of America, UBS, Disney, Netflix, Cava, JPMorgan, Apple, Weyerhaeuser, of America, Brands, Bell, KFC Locations: BlackRock, Amazon's, GMV, CAVA

☆ Morgan Stanley upgrades this medical device maker, says Street is underestimating its core product
▼ + stars: | 2023-07-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Wall Street is underestimating the opportunity for a cardiovascular medical device company's core product to penetrate the market, according to Morgan Stanley. Analyst Patrick Wood upgraded shares of Shockwave Medical to overweight from in-line, saying the Street is misjudging the potential catalysts that could improve the sales outlook for its coronary IVL catheter used before stent implantation, and that consensus expectations look "too low." Given this setup, Wood lifted his price target to $335 a share, reflecting 28% upside from Friday's close. SWAV YTD mountain Share performance in 2023 Potential catalysts for Shockwave shares include an investor day, a favorable environment for medical technology and an extended timeline before it faces new competition, Wood said. "We think recent coronary reimbursement improvements from CMS mean the market is underestimating the penetration opportunity over the coming 2-3 years," Wood wrote.

Persons: Morgan Stanley, Patrick Wood, Wood, — CNBC's Michael Bloom Organizations: Shockwave, Centers, Medicare, Medicaid

☆ James Cameron interview: Director and deep-sea explorer says he figured Monday the Titan submersible imploded
▼ + stars: | 2023-06-23 | by ( Aya Elamroussi | ) edition.cnn.com time to read: +3 min

CNN —Filmmaker and deep-sea explorer James Cameron says he figured soon after learning that a Titanic-bound submersible was missing that it had imploded and its occupants were dead – days before officials announced that very outcome. The submersible was carrying five people when it dove Sunday toward the Titanic wreckage in the North Atlantic. It lost contact with its mother ship an hour and 45 minutes into the journey, sparking a dayslong search. Cameron was “hoping against hope” that his conclusion was wrong, “knowing in my bones that I wasn’t (wrong),” he said Thursday. … These are serious people with serious curiosity willing to put serious money down to go to these interesting places – and I don’t want to discourage that.”

Persons: James Cameron, Cameron, CNN’s Anderson Cooper, ” Cameron, “ Anderson Cooper, “, ”, Cameron –, Mariana Trench, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet –, I’m, “ I’m Organizations: CNN, US Navy, Navy, Stockton Rush Locations: North

☆ Small stocks are cheap and finally joining the market rally
▼ + stars: | 2023-06-22 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

Small cap stocks are domestic bellwethers, since smaller companies generate most of their revenue from US customers. Investors say that recent gains in small caps are helping prop up the burgeoning bull market, even as a potential economic downturn draws near. Cheap buysNow, the rally in small caps suggests that Wall Street is optimistic about the economy’s health. Some investors say cheap valuations and and hopes for a muted economic downturn means small caps look more attractive than they have in months. Optimism about the economyThe small caps’ rally is also an auspicious sign for the broader economy, says Quincy Krosby, chief global strategist at LPL Financial.

Persons: they’ve, Rambus, ”, John Ragard, Quincy Krosby, Russell, Francis Gannon, Anna Rathbun Organizations: New, New York CNN, Investors, Valley Bank, Signature Bank, First Republic Bank, Apellis Pharmaceuticals, Shockwave, Management, LPL, Penn Capital Management, Royce Investment Partners, Federal Reserve, CBIZ Investment Advisory Services Locations: New York, That’s

[1/6] French police secure the area as firefighters work after several buildings on fire following a gas explosion in the fifth arrondissement of Paris, France, June 21, 2023. REUTERS/Gonzalo FuentesPARIS, June 21 (Reuters) - A blast ripped through a street in the busy Latin Quarter of central Paris, causing the facade of one building to collapse, blowing out windows and starting a huge blaze. The local deputy mayor, Edouard Civel, referred to a gas explosion in a Twitter post and witnesses told BFM TV there had been a strong smell of gas moments before the blast. The blast occurred in the Rue Saint-Jacques in the 5th arrondissement of central Paris. In 2019, a gas leak caused an explosion which killed 4 people and injured 66 in the 9th arrondissement.

Persons: Gonzalo Fuentes PARIS, Edouard Civel, BFM, Khal Ilsey, Jacques, Val de Grace, Monique Mosser, Michel Rose, Sudip Kar, Tassilo Hummel, Juliette Jabkhiro, Elizabeth Pineau, Jean, Michel Belot, Angus MacSwan Organizations: REUTERS, Rue Saint, Notre, Dame, Paris, Sorbonne University, du, Thomson Locations: Paris, France, Rue, du Luxembourg

☆ Astronomers discover the fastest runaway stars in our galaxy racing away at over 5 million mph
▼ + stars: | 2023-06-15 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +5 min

Astronomers found two renegades, runaway white dwarf stars on an escape route out of our galaxy. These runaway stars are on a one-way ticket out of our galaxy. Runaway stars racing away at breakneck speedsIn the new study, astronomers using data from the European Space Agency's Gaia survey identified two runaway stars with the fastest radial velocities ever seen. Two white dwarf stars orbiting each other can trigger an especially enormous explosion called a D^6 supernova. The first explosion kicks off when one of the white dwarf stars accumulates too much helium gas, which triggers a thermonuclear explosion, reported Starr.

Persons: —, Parker, Juan Ruiz Paramo, Tod Strohmayer, Dana Berry, Chandra X, Michelle Starr, Starr Organizations: renegades, Service, Probe, Parker, NASA, Ray, Science, Astrophysics

☆ Lightning Round: If you have to buy Chinese stock buy Alibaba, says Jim Cramer
▼ + stars: | 2023-06-06 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: If you have to buy Chinese stock buy Alibaba, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Equitrans, IDEXX Labs, Alibaba, Snap-On, Jabil, Getty, Shockwave and General Electric.

Persons: Jim Cramer Organizations: IDEXX Labs, General Electric Locations: Jabil

The young Terao had just survived the world’s first nuclear attack. For Terao, the idea the world is hurtling back toward the nightmare he barely survived is incomprehensible. Terao points to a photograph showing Hiroshima before the atomic bombing and the house where he spent the first four years of his life. And yet, for a man who has survived an atomic bomb attack, the fact that the planet remains at risk of nuclear armaggedon is hard to live with. “I wonder If I’ll die without seeing a world without nuclear weapons,” he adds.

☆ Opinion: The banned Russian landmine with a deceptively poetic name
▼ + stars: | 2023-05-17 | by ( Opinion Sasha Dovzhyk | ) edition.cnn.com time to read: +8 min

A great deal of eeriness is due to the highly explosive Russian “petals.” “Petal” — or, “lepestok,” in Russian — is the poetic name of an internationally banned Russian-made anti-personnel landmine. The Russian wish for Ukraine appears to be death: to render Ukrainian land uninhabitable, to maim and kill those who live on it. But as one learns from Kataev’s tale, the Russian petals travel far and know no borders. In November, Ukrainian President Volodymyr Zelensky reported that 200,000 hectares (almost 50,000 acres) of Ukrainian land were contaminated with unexploded mines and shells. The rusted remains of a tank in Sviatohirsk, Donetsk region, pictured during a PEN Ukraine trip in April 2023.

☆ Premarket stocks: Wall Street is strangely calm about the debt ceiling. That could change this month
▼ + stars: | 2023-05-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn’t lifted soon abound. The debt ceiling crisis of 2011 caused Standard and Poor’s to downgrade US debt for the first time in history. Schwenkler says to expect “a lot more volatility” if debt ceiling issues don’t appear resolved by the last week of the month. By contrast, recovery from a debt-default crisis would likely start the day Congress, belatedly, suspended the debt ceiling,” he added. “A misstep over the debt ceiling would subject businesses and consumers to an economic shockwave,” he added.

☆ What it was like to pilot the supersonic Concorde jet
▼ + stars: | 2023-04-27 | by ( Francesca Street | ) edition.cnn.com time to read: +28 min

It’s said that during the aircraft’s 27 years of service, there were more qualified American astronauts than there were British Airways Concorde pilots. Supersonic flyingA photo of Concorde pilot Barbara Harmer, Concorde at the controls for a London to New York flight in 1993. Concorde: When supersonic travel was a reality 02:32 - Source: CNNThe small pool of Concorde pilots also meant everyone knew everyone. It would take him back to the day he stood at Heathrow, watching the first commercial Concorde flight take off. Future of supersonic flightAlmost two decades since Concorde’s final flight, the allure of supersonic flight hasn’t waned, with companies such as Boom Supersonic plotting plans for Concorde’s successor.

☆ It's judgment day: Shocking exits of Tucker Carlson, Don Lemon, and Jeff Shell rock the TV industry
▼ + stars: | 2023-04-24 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +5 min

NBCU CEO Jeff Shell, Fox News' Tucker Carlson, and CNN's Don Lemon are all out. Shell's bombshell exit took many insiders by surprise, Insider's Claire Atkinson reported on Sunday. Fox News declined to comment beyond its press release saying it had agreed to "part ways" with Carlson. Media watchers had been primed for a Lemon exit for weeks. With all the news of the past 24 hours, media insiders have barely even gotten a chance to drill down into the second wave of layoffs at Disney, which will number in the thousands.

☆ These stocks crushed it this week, including one name analysts expect to rally 95% from here
▼ + stars: | 2023-04-14 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Some individual stocks ran laps around the broader stock market this week. More than three-fourths of analysts covering the stock rate the stock a buy, with the average price target pointing to upside of 95.3% over the next year. Of these three stocks, only Bio-Techne is expected by the average analyst to see share prices rise in the next year. Outside of health, solar stocks Enphase and SunPower were also among the best performers this week. ENPH SPWR 5Y mountain Enphase and SunPower over the last 5 years — CNBC's Fred Imbert and Michael Bloom contributed to this report

☆ Lightning Round: Shockwave Medical is a winner
▼ + stars: | 2023-04-13 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Shockwave Medical is a winnerMad Money host Jim Cramer weighs in on all manner of stocks, including Home Depot, Newell and Shockwave Medical.

☆ Asia shares bounce gingerly as bank fears linger
▼ + stars: | 2023-03-21 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.4%. Japanese markets were closed for a holiday, which left Treasuries untraded in Asia and lightened currency trade. S&P 500 futures were flat and European futures rose 0.5%. The tense calm follows a Swiss government-backed buyout of Credit Suisse by UBS that seems, for now, to have cauterised concerns over European financial stability. The broader path for rates, meanwhile, is set to become clearer later in the week when the Fed and Bank of England set policy levels.

☆ Asia stocks bounce gingerly but bank fears lurk
▼ + stars: | 2023-03-21 | by ( Tom Westbrook | ) www.reuters.com time to read: +3 min

U.S. futures rose 0.2% in early Asia trade. A Swiss government-backed buyout of Credit Suisse by UBS has cauterized the immediate concern over European financial stability. But the wipeout of some Credit Suisse bondholders has sent a shockwave through bank debt, and persistent signs of stress at U.S. regional lenders has investors on high alert. Bond markets whipsawed overnight as traders seek to figure out what the bank stress means for rates policy. U.S. interest rate futures have priced in just one more 25 basis point hike before a series of cuts beginning as soon as June.

☆ NASA image may show first-ever 'rogue' supermassive black hole, leaving a trail of newborn stars in its wake
▼ + stars: | 2023-03-09 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

A NASA Hubble image may show the first runaway supermassive black hole ever discovered. Astrophysicists have long theorized that black holes could "go rogue" or "run away," if other black holes pushed them out of their galaxies. But nobody has ever confirmed a black hole wandering through intergalactic space, much less a supermassive black hole going rogue. And while two galaxies colliding is the simplest explanation for a rogue black hole, that's not what seems to have happened here. Even though they're invisible, there's no reason to worry about rogue supermassive black holes sneaking up on us from other galaxies.

☆ How Elon Musk Ruined Tesla, Let Other Car Companies Catch up on EVs
▼ + stars: | 2023-02-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +12 min

"I feel stupid driving around with my brand-new Tesla Model Y," Mark told me. Tesla spent the past two decades defying expectations and disrupting the automotive industry, but in 2023 the once revolutionary car company did the seemingly unthinkable: It turned fanboys against it. But after years of rocketing ahead of legacy car companies' tech, the futuristic guts of Tesla's vehicles have started to go stale. Companies like Ford and Audi are changing their sales strategies to model Tesla's innovative direct-sales style. These companies have something Musk doesn't: nationwide networks of brick-and-mortar locations where customers can have their vehicles serviced and repaired.

☆ Sheltering miles from a nuclear blast may not be enough to survive unless you know where to hide, new calculations show
▼ + stars: | 2023-02-25 | by ( Rupendra Brahambhatt | ) www.businessinsider.com time to read: +6 min

Scientists simulated a nuclear explosion about 37 times more powerful than Hiroshima and Nagasaki. This is the first study that shows the impact that nuclear shockwaves could have on humans indoors. Nuclear war is a terrifying thought, but for a team of researchers at the University of Nicosia in Cyprus, it's top of mind. An illustration of the shockwave of a 750-kt nuclear bomb 10 seconds after detonation. The team simulated a nuclear explosion from a 750-kiloton atomic bomb.

☆ The US military once blasted airships with nukes on balloons to see if they could drop nuclear bombs on submarines and survive
▼ + stars: | 2023-02-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Airships were popular in naval combat and briefly considered for the delivery of nuclear weapons. In the 1950s, the military tried to nuclearize almost anything it could, a nuclear history expert said. The tests were a part of Operation Plumbbob's 24 above-ground nuclear tests from May to October 1957. "If we had already used blimps and airships effectively in World War II, then why wouldn't we consider putting nuclear weapons on them?" The US military eventually developed better aircraft and more effective ways of launching nuclear weapons, and the wild idea of using airships to drop nuclear weapons was lost to history.

☆ Asteroid's sudden flyby shows blind spot in planetary threat detection
▼ + stars: | 2023-01-29 | by ( Joey Roulette | ) www.reuters.com time to read: +4 min

NASA for years has prioritized detecting asteroids much bigger and more existentially threatening than 2023 BU, the small space rock that streaked by 2,200 miles from the Earth's surface, closer than some satellites. If bound for Earth, it would have been pulverized in the atmosphere, with only small fragments possibly reaching land. But 2023 BU sits on the smaller end of a size group, asteroids 5-to-50 meters in diameter, that also includes those as big as an Olympic swimming pool. But with current capabilities, astronomers can't see when such a rock targets Earth until days prior. The successful demonstration, called the Double Asteroid Redirection Test (DART), affirmed for the first time a method of planetary defense.

☆ Medical device stocks tend to beat the market, and analysts expect these names to see big gains
▼ + stars: | 2023-01-23 | by ( Bertha Coombs | ) www.cnbc.com time to read: +4 min

Medical device makers, like many manufacturers, have faced challenges over the last year from inflationary supply chain costs, staffing shortages and the strong dollar impacting sales overseas. However, since 2007 the device sector ETF has averaged a gain of 14% per year, 6 percentage points better than the broader market index over the same period. More than 60% of analysts rate the shares a buy, with a mean price target implying 34% upside. Nearly 90% of analysts rate the stock a buy, with mean price target of $53, implying more than 30% upside. BTIG analysts Marie Thibault and Ryan Zimmerman think that M & A could be another catalyst for the medical device sector in 2023, with robotic surgery players likely to be of particular interest.

☆ One year after volcanic blast, many of Tonga's reefs lay silent
▼ + stars: | 2023-01-15 | by ( Gloria Dickie | ) www.reuters.com time to read: +5 min

Coral reefs were turned to rubble and many fish perished or migrated away. Following the eruption, the Tongan government said it would seek $240 million for recovery, including improving food security. SILENT REEFSThe vast majority of Tongan territory is ocean, with its exclusive economic zone extending across nearly 700,000 square kilometres (270,271 square miles) of water. It is likely volcanic ash smothered many reefs, depriving fish of feeding areas and spawning beds. While volcanic eruptions on land eject mostly ash and sulfur dioxide, underwater volcanos jettison far more water.

[1/3] Travellers stand by their luggage at Beijing Capital International Airport, amid the coronavirus disease (COVID-19) outbreak in Beijing, China December 27, 2022. International health experts estimate millions of daily infections and predict at least one million COVID deaths in China next year. Data from travel platform Ctrip showed that within half an hour of the news, searches for popular cross-border destinations on had increased 10-fold. "International travel ... will likely to surge, yet it may take many more months before volumes return to the pre-pandemic level," said Dan Wang, Chief Economist, Hang Seng Bank China. "COVID is still spreading in most parts of China, greatly disrupting the normal work schedule.

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