DIRS.INFO The most relevant business & tech news

☆ China aims for historic Mars mission ‘around 2028’ as it vies for space power
▼ + stars: | 2024-09-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +5 min

The projected mission launch is more ambitious than a 2030 target announced by space officials earlier this year, though the timeline has fluctuated in recent years. It also comes as an effort by NASA and the European Space Agency to retrieve Mars samples remains under assessment amid concerns over budget, complexity and risk. Becoming the first country to return samples from Mars would be a significant accomplishment for China’s ambitious space program and leader Xi Jinping’s stated “eternal dream” to make the country a space power. A key priority of China’s Tianwen-3 mission would be to search for traces of life on Mars. “The return mission requires launch from the surface of Mars.

Persons: Liu Jizhong, Xi Jinping’s, Liu, CGTN, It’s, China's Tianwen, ”, Planitia, Mars, Bill Nelson Organizations: Hong Kong CNN, NASA, European Space Agency, AP Missions, US Locations: Hong Kong, China’s Anhui, China’s, China, Soviet Union, United States

In mid-December 2005, back when U.S.-Russia relations remained on relatively friendly terms, a new media channel called Russia Today began broadcasting English-language news. “It’s a very good start,” Russian President Vladimir Putin was quoted as saying of Russia Today at the time. In subsequent years, Russia Today would rebrand to RT, expand into other languages, and even open a studio in Washington, D.C. in 2010. The Tennessee company was not named in the indictment but appears to be Tenet Media, according to a review by NBC News of details included in the indictment. Instead of shuttering, the state media organization found alternate ways to distribute content, including a social media bot farm, the DOJ said in a July news release outlining its efforts to remove the content.

Persons: “, Vladimir Putin, Russia wasn’t, Margarita Simonyan, Elena Mikhaylovna Afanasyeva, Kostiantyn Kalashnikov, Melanie Smith, We’ve, there’s, ” Smith, ”, Eduard Grigoriann, Lauren Southern, Donald Trump, Hillary Clinton, Darren Linvill, ” Linvill, ” Simonyan Organizations: Russia Today, RIA, U.S, Institute for Strategic, NBC News, Kremlin, RT, Government, Tenet Media, NBC, YouTube, Justice Department, WikiLeaks, RT America, DirecTV, DOJ, Clemson University’s, Espanol Locations: Russia, RIA Novosti, Washington ,, U.S, Europe, Tennessee, London, Ukraine, America

☆ Breaking community rallies around Australian Olympian whose kangaroo hop failed to impress judges
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mithil-Aggarwal.Jpg | Mithil Aggarwal | ) www.nbcnews.com time to read: +4 min

Videos of her breaking went viral, drawing online ridicule and speculation as to whether the whole thing was a hoax. But Gunn was uncowed, re-enacting the kangaroo hop as she celebrated with fellow Australian Olympians ahead of the closing ceremony on Sunday. She also wore a green-and-yellow Australian Olympic tracksuit rather than the streetwear favored by her rivals. Amid the criticism, Gunn’s performance has also drawn an outpouring of support from the international breaking community and others who lauded her originality, including the Australian prime minister. The World DanceSport Federation, the international governing body for breaking, said it had offered her mental health support.

Persons: Rachael Gunn, Gunn, “, ” Gunn, ”, Elsa, Anthony Albanese, ” Martin Gilian, Gilian, Raygun, Adele, Anna Meares, Australia’s, Sergey Nifontov, Claire Warden, Snoop Dogg, “ Don’t Organizations: Olympics, ”, Associated Press, Paris Games, Paris Olympics, Federation, AP, Loughborough University, NBC Olympics Locations: Australian, Paris, United States, France, Lithuania, Munich, Britain, Brisbane, Australia

☆ China supports Iran in defending security, says foreign minister
▼ + stars: | 2024-08-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

China supports Iran in defending its “sovereignty, security and national dignity,” Chinese foreign minister Wang Yi told Iran’s acting foreign minister in a phone call on Sunday, according to a statement by China’s foreign ministry. Iran and the Palestinian Islamist group Hamas have accused Israel of carrying out strike that killed Haniyeh. Wang told Ali Bagheri Kani, Iran’s Acting Foreign Minister, that the killing of Haniyeh had “directly undermined the Gaza ceasefire negotiation process and undermined regional peace and stability,” China’s foreign ministry said. “China supports Iran in defending its sovereignty, security and national dignity in accordance with the law, and in its efforts to maintain regional peace and stability, and stands ready to maintain close communication with Iran,” Wang was quoted as saying. Iranian President Masoud Pezeshkian on Sunday nominated Abbas Araqchi as the country’s foreign minister.

Persons: Wang Yi, Iran’s, Wang, Ismail Haniyeh, Haniyeh, “, ” Israel, Ali Bagheri Kani, ” Wang, Masoud Pezeshkian, Abbas Araqchi, Araqchi Locations: China, Iran, Tehran, Palestinian, Israel, Gaza

☆ Nikkei 225: Asian markets make solid gains following global rout
▼ + stars: | 2024-08-07 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Asian markets made solid gains Wednesday, with Japanese shares reversing early losses after a central bank official played down the prospect of an immediate hike in interest rates. The gains follow days of volatility, which saw the Nikkei suffering Monday its biggest daily loss since 1987. “We won’t raise interest rates when financial markets are unstable,” he was quoted as saying in a speech to executives in the northern Japanese city of Hakodate. The central bank has hiked interest rates twice this year in a bid to contain inflation. Decades of extremely low interest rates in Japan had seen many investors borrow cash cheaply there before converting it to other currencies to invest in higher-yielding assets.

Persons: Shinichi Uchida, Kospi, Hong, Taiex, Uchida, ”, Olesya Organizations: Hong Kong CNN, Nikkei, Bank of Japan, US, Dow, Nasdaq Locations: Hong Kong, Asia, South, Hakodate, “, Japan, Europe, London

☆ Boeing workers paint a picture of chaos and dysfunction in NTSB investigation
▼ + stars: | 2024-08-06 | by ( Chris Isidore | Pete Muntean | ) edition.cnn.com time to read: +10 min

The worker said there was no special training to open, close, or remove a door plug versus a regular door. But there were problems with the rivets by the door plug that needed to be repaired, so the door plug was removed so the work could be done. There were Spirit employees at the Boeing plant, but communication between the Boeing and Spirit workers on the floor of the Boeing factory wasn’t good, according to another interview transcript released Tuesday. But there were problems with five rivets near where the door plug was installed, and Boeing workers removed the door plug in order to fix those rivets. Boeing’s mounting problemsBut the probe is only one of the problems Boeing faces because of the incident.

Persons: Max, ”, “, haven’t, Jennifer Homendy, Elizabeth Lund, Lund, Doug Ackerman, Homendy, ” Homendy, CNN’s Owen Dahlkamp, Danya Gainor, Celina Tebor, Nicki Brown, Ramishah Maruf Organizations: Washington CNN — Workers, Boeing, National Transportation, NTSB, FAA, Spirit, Alaska Airlines, Max, Airplanes ’, Boeing Commercial Airplanes, FBI, Federal Aviation Administration, Justice Department, DOJ Locations: United States, Renton , Washington, Alaska

☆ IBM shares jump on earnings and revenue beat
▼ + stars: | 2024-07-24 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts' predictions. Earnings per share: $2.43 adjusted vs. $2.20 expected, according to LSEG$2.43 adjusted vs. $2.20 expected, according to LSEG Revenue: $15.77 billion vs. $15.62 billion expected, according to LSEG. Revenue increased 1.9% from $15.48 billion a year ago, IBM said in a statement. IBM said its software business brought in revenue of $6.74 billion, up 7% and more than the StreetAccount consensus of $6.49 billion. That was down 0.9% and below the $5.23 billion StreetAccount consensus.

Persons: Arvind Krishna Organizations: IBM, LSEG Revenue, Revenue, Palo Alto Networks Locations: LSEG, Montreal

☆ Global leaders react to 'true friend' Biden dropping out of U.S. presidential race
▼ + stars: | 2024-07-22 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

Canadian Prime Minister Justin Trudeau called Biden "a true friend" and a "partner to Canadians." "I've known President Biden for years. To President Biden and the First Lady: thank you," Trudeau wrote in an Instagram post. Biden's "difficult" decision was acknowledged by Polish President Donald Tusk and Czech Prime Minister Petr Fiala as driven by the larger interest of the U.S."Dear President @JoeBiden. "We will always be thankful for President Biden's leadership.

Persons: Joe Biden, Kamala Harris, Biden, Donald Trump, Justin Trudeau, He's, —, Trudeau, Keir Starmer, Biden's, Donald Tusk, Petr Fiala, @JoeBiden, You've, Tusk, Anthony Albanese, Yoav Gallant, Gallant, Volodymyr Zelenskyy, Dmitry Peskov, Peskov, Barack Obama, Obama Organizations: College of Southern, Sunday, Democratic Party, Canadian, Czech, Israeli, Kremlin Locations: College of Southern Nevada, Las Vegas , Nevada, Poland, America, U.S, Israel, Gaza, Moscow, Ukraine, Russian

☆ Opinion | The Week When So Much Changed
▼ + stars: | 2024-07-20 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

An official Republican presidential nominee who is also the most polarizing figure in modern American history. Growing talk that Donald Trump could win in a landslide. “There are decades when nothing happens, and weeks when decades happen,” Lenin is widely quoted as saying. To me, the tumult raised fears but also offered hopes and potential turning points — the most significant of which is the prospect of President Biden withdrawing from the race, as it seems he’s considering. Trump had a triumphant and exultant week, but his acceptance speech also underscored his lack of discipline and tendency to hail himself as America’s Caesar.

Persons: Donald Trump, Biden, ” Lenin, Trump, America’s Caesar, Biden — Organizations: Republican, Biden, Democratic Locations: America

☆ Goldman Sachs added these global stocks to its 'conviction' lists
▼ + stars: | 2024-07-04 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Goldman Sachs has refreshed its lists of top global stock picks for July, adding some and removing others. The stocks are featured in the investment bank's "Conviction List - Directors' Cut" which seeks to offer investors a "curated and active" list of 15 to 25 buy-rated stocks. Stocks on the list are selected by a subcommittee designated by the bank's Investment Review Committee for each region. "The subcommittee will collaborate with each sector analyst to identify top ideas that offer a combination of conviction, a differentiated view and high risk-adjusted returns," Goldman Sachs said. The investment bank's analyst Ben Andrews expects the company's organic growth and margins to surpass consensus estimates.

Persons: Goldman Sachs, Ronald Keung, Keung, Goldman, Ben Andrews, — CNBC's Michael Bloom Organizations: bank's Investment, Tencent Holdings China, HK, Hong Kong Stock Exchange, U.S, ISS, Copenhagen Stock Exchange Locations: Asia, Pacific, Europe, Danish, U.S

☆ First African-Born Member of German Parliament Won’t Seek Re-election
▼ + stars: | 2024-07-04 | by ( Sarah Maslin Nir | More About Sarah Maslin Nir | ) www.nytimes.com time to read: +1 min

Germany’s first African-born member of Parliament said this week that he would not seek office again in next year’s general elections. Although he played down racism as a factor, he made the announcement a short time after his staff released the contents of a slew of hate mail and death threats that his office had received. But he has been outspoken about the abuse he has experienced, which has markedly increased in volume and tenor in recent years. Bullets were fired through the window of his district office in 2020, and the office was a target of arson last year. “I can’t wipe all this away,” Mr. Diaby was reported as saying in an interview, according to the Funke Media Group, a major German newspaper and magazine publisher.

Persons: Germany’s, Karamba, “, ”, ” Mr, Diaby Organizations: Bullets, Funke Media Locations: Senegal

☆ Netanyahu rejects report citing top Israeli generals as wanting a ceasefire in Gaza with Hamas still in power
▼ + stars: | 2024-07-02 | by ( Amy Cassidy | Eugenia Yosef | ) edition.cnn.com time to read: +3 min

CNN —Israeli Prime Minister Benjamin Netanyahu has rejected the idea of starting a ceasefire in Gaza while Hamas remains in power, after The New York Times published an article citing six current and former security officials who said a truce would give Israeli troops time to prepare for a potential land war with Hezbollah. The officials, most of whom spoke anonymously to “discuss sensitive security matters,” also said a truce would be the most effective way to secure the release of the Israeli hostages. We will not capitulate to the winds of defeatism, neither in The New York Times nor anywhere else. “They (the IDF) understand that a pause in Gaza makes de-escalation more likely in Lebanon,” Hulata told the Times. When asked by the Times if it supported a truce, the IDF released a statement that didn’t answer the question directly.

Persons: Benjamin Netanyahu, ”, Eyal Hulata, Netanyahu, “, ” Hulata Organizations: CNN, Israeli, The New York Times, Former Israeli National, Times, Israel, IDF, Hezbollah Locations: Gaza, Israel, defeatism, The, Israel’s, Lebanese, Lebanon

☆ Iranians vote for a new president under the shadow of conflict and economic woes
▼ + stars: | 2024-06-28 | by ( Joseph Ataman | Frederik Pleitgen | ) edition.cnn.com time to read: +12 min

The vote takes place amid deteriorating relations with the West, an advancing Iranian nuclear program, and an increasing risk of direct war with Israel. Iranian presidential candidate Mohammad Bagher Ghalibaf’s supporters gathered on the final day of campaigning to hear him speak, in Tehran, Iran on Thursday. Some polls have shown increasing popularity for Pezeshkian, with the rest of the conservatives splitting the vote. Khamenei urged Iranians to head to the polls and vote after he cast his ballot in the election on Friday morning. Saeed Jalili, ultraconservative former nuclear negotiator and Iranian presidential candidate, holds a rally in Tehran, Iran, on June 24.

Persons: Ebrahim Raisi, Hossein Amir, Ali Khamenei, Mahsa, Mohammad Bagher Ghalibaf’s, Joseph Ataman, Masoud Pezeshkian, Saeed Jalili, Mohammad Bagher Ghalibaf, Khamenei, Amini’s, Pezeshkian, Iran’s, Amirhossein Qazizadeh, Hashemi, Alireza Zakani, Qazizadeh, who’ve, ”, Arash Azizi, Saddam Hussein, Masoud, Morteza, “, Sina Toossi, Narges Mohammadi, ” Ahmad, Ghalibaf, ” Ghalibaf, ” Mariam, Raisi, ” Cheers, ” Mohammad, ” Parsi, Javad Zarif, Zarif, ” Khamenei, Trump, Biden Organizations: Iran CNN —, Foreign, Iran’s, West, CNN, Iran’s Guardian Council, Center for Middle East, Global, Quincy Institute, Experts, Islamic, Center for International Policy, Trump, Pezeshkian, Getty, Washington Locations: Tehran, Iran, Israel, Gaza, Lebanon, Islamic Republic, Iranian, Berlin, Iraq, Washington, Washington ,, Shiroudi, ”

☆ India's water crisis could lead to unrest, hurt economic growth, Moody's warns
▼ + stars: | 2024-06-27 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +1 min

People seen filling water from Delhi Jal Board Tankers amid a water crisis in Delhi at Baljeet Nagar, on June 22, 2024. Severe water shortages in India could hurt its sovereign credit strength, according to Moody's Ratings, warning that the water crisis could lead to social unrest if the agriculture and industrial sectors are disrupted. Rapid industrialization and urbanization, coupled with a meteoric economic expansion, has led to severe water shortage. India relies substantially on monsoon rain for its water supply, but is also prone to severe and extreme weather conditionsDelhi, one of the world's most densely populated cities with over 200 million people, is knee-deep in a water crisis. "There are 2.8 million people in the city who are aching for just a drop of water," Delhi Water Minister Atishi was quoted as saying on Monday, a day before she ended her hunger strike over the water crisis, as her health deteriorated.

Persons: Moody's, Atishi Organizations: Delhi Jal Locations: Delhi, Baljeet, India

☆ U.S. ambassador accuses China of undermining bilateral ties, Wall Street Journal reports
▼ + stars: | 2024-06-26 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

The U.S. ambassador to China Nicholas Burns attends the 10th World Peace Forum on July 4, 2022 in Beijing, China. The 10th World Peace Forum opened in Beijing on Sunday. The U.S. ambassador to China said Beijing is undermining ties between the two countries despite the agreement between the two sides to boost engagement, according to the Wall Street Journal. It comes as ties between the U.S. and China have somewhat warmed after Xi and Biden met in California on the sidelines of the APEC summit in November. Since then, Chinese officials have welcomed top American diplomats in Beijing, including Treasury Secretary Janet Yellen and Secretary of State Anthony Blinken.

Persons: China Nicholas Burns, Joe Biden, Xi Jinping, Nicholas Burns, Xi, Biden, Janet Yellen, State Anthony Blinken Organizations: Sunday, Wall Street, WSJ, U.S, APEC, State Locations: China, Beijing, U.S, California

☆ Willie Mays: One of baseball’s most electrifying and complete players has died at 93
▼ + stars: | 2024-06-18 | by ( Wayne Sterling | Kevin Dotson | ) edition.cnn.com time to read: +17 min

AP From left: Monte Irvin, Willie Mays, and Hank Thompson hold bats on their shoulders in Yankee Stadium in 1951. Bettmann Archive/Getty Images Mays, then a physical training instructor at Fort Eustis, Virginia, leads soldiers through a calisthenics session on February 19, 1953. Bettmann Archive/Getty Images Mays plays stick ball with kids in New York's Harlem neighborhood in 1954. Bettmann Archive/Getty Images Mays makes a leaping, one-handed catch off the Los Angeles Dodgers' Duke Snider on August 15, 1954. JR/AP Mays, then of the San Francisco Giants, plays catch with 14-month-old Herbert Henderson, at the home of Henderson's parents, in San Francisco, California on November 14, 1957.

Persons: Willie Mays, Mays, “, Michael Mays, ” Michael Mays, ”, –, Babe Ruth, Hall, Hall of Famer Willie Mays, Robert D, Manfred, ” Manfred, ” Mays, couldn’t, wouldn’t, Negro League ballplayers, Monte Irvin, Hank Thompson, William F, Donegan, Duke Snider, Charles Hoff, Jackie Robinson, Bettmann, Frank Hurley, Joe DiMiaggio, Sid Mercer, Margherite Wendell, AP Mays, Herbert Henderson, Ernest Bennett, Pepe, San Francisco, Willie McCovey, Jon Brenneis, Ed Sullivan, Mel Ott, Hank Aaron, Joan Whitney Payson, Dan Farrell, douse Mays, Paul Sakuma, Monica M, Davey, John G, Mabanglo, San Francisco Giants Barry Bonds, of Famer Willie McCovey, Bonds, Willie, Laura Bush, George W, Bush, Chip Somodevilla, Jeff Gross, Barack Obama, Louis, Pete Souza, Jon Miller, Ezra Shaw, Nicholas Kamm, Gabrielle Lurie, ’ Mays, Vic Wertz, ” San Francisco Mayor London Breed, Breed, ’, Peter Ueberroth, Leo Durocher, ” Obama, “ Willie, Gavin Newsom, ” Newsom, Emma Tucker, Elizabeth Joseph, Taylor Romine Organizations: CNN, of Famer, San Francisco Giants, Giants, Major League Baseball, New York Giants, National League, Hall of Famer, MLB, Negro League statistics, Negro American, Birmingham Black Barons, San Francisco Chronicle, Juneteenth, Negro Leagues, Black Barons, Louis Cardinals, Negro League, Gloves, Bettmann, American, Minneapolis Millers, Minnesota Historical Society, AP, Yankee, The New York Giants, Army, Major League, Los Angeles Dodgers, NY, Mays ' New York Giants, Robinson's Brooklyn Dodgers, Cleveland Indians, Baseball Writers, JR, San, Candlestick Park, CBS, Getty, Astrodome, Mays, Atlanta Braves, New York Mets, Mets, Wrigley Field, Chicago Cubs, National League East, AP Mays, Candlestick, San Fransisco Giants, Park, Willie Mays Plaza, Bell Park, White, Little League's Challenger Division, T, Air Force, London Breed, Hall, Polo, New York, Brooklyn Dodgers, New York Yankees, Franciscan, ” San Francisco Mayor London, of Fame, Baseball Hall of Fame, Baseball Locations: Birmingham , Alabama, Birmingham, American, New York, Omaha , Nebraska, Camp Kilmer , New Jersey, Fort Eustis , Virginia, Phoenix , Arizona, New, Harlem, Mays ', NY, East Elmhurst , New York, San Francisco , California, San Francisco, Candlestick, Houston , Texas, New York City, Chicago , Illinois, AFP, Washington , DC, St, Washington ,, California

☆ Ben Vautier, Artist Whose Specialty Was Provocation, Dies at 88
▼ + stars: | 2024-06-15 | by ( Alex Williams | ) www.nytimes.com time to read: +1 min

Ben Vautier, a French artist and agitator who often worked under the moniker Ben, and who as a core member of the anti-art collective Fluxus blurred the boundaries of high and low, art and life, while adhering to the credo “Everything is art,” died on June 5 at his home in Nice, France. He died by suicide shortly after his wife, Annie Vautier, a performance artist he married in 1964, died of a stroke, his children, Eva and Francois, posted on social media. “Unwilling and unable to live without her,” they wrote, “Ben killed himself a few hours later at their home.”Theirs was an intense, if tangled, relationship. “We called her “Sainte-Annie,” Mascha Sosno, a friend, was quoted as saying in a recent article on the France Info website. “They argued all the time, but in fact they adored each other, and he was inseparable from Annie, too.”

Persons: Ben Vautier, ”, Annie Vautier, Eva, Francois, “, “ Ben, Sainte, Annie, ” Mascha Locations: French, Nice, France

☆ Pressure grows on Germany's Scholz after election drubbing by the far right
▼ + stars: | 2024-06-10 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

The SPD lost support from the 2019 election, winning just 13.9% of the latest votes. Incremental gains meanwhile turned Germany's opposition, the CDU (Christian democrats), into the strongest party, with 23.7% of support. At a national level, the AfD was last ahead of the SPD and in second place overall, according to a leading general election poll. Earlier this year, one of Krah's employees who was based in the European Parliament was arrested for allegedly spying on the parliament for China. watch nowThe AfD's second-in-line for the European Parliament, Petr Bystron, faced allegations of bribery and money laundering, which were linked to Russia and to spreading pro-Kremlin propaganda.

Persons: Olaf Scholz, Koenig Heinrich, Ying Tang, Maximilian Krah, Krah, Petr Bystron, What's, Scholz, Marcel Fratzscher, Scholz's, Emmanuel Macron, Fratzscher, Holger Schmieding Organizations: SPD, Union, Scholz's SPD, Greens, CDU, Nazi regime's SS, Parliament, ZDF, German Institute for Economic Research, CNBC, Deutsche Bank Locations: Duisburg, Germany, France's Rassemblement, China, Russia

We asked seven pro investors to identify the best trades of their careers and explain how the lessons from those decisions still apply today. The CBOE Volatility Index, also known as the VIX, shot above 40, essentially meaning traders were betting that the stock market would be exceptionally rocky over the following month. Jeff Muhlenkamp, lead portfolio manager at Muhlenkamp & CompanyJeff Muhlenkamp Muhlenkamp & CompanyJeff Muhlenkamp's namesake Muhlenkamp Fund (MUHLX) has been in the top 3% of its category in the past half-decade, thanks to trades like one he pulled off on Chinese internet firm Baidu (BIDU). "I pretty much expected, 'OK, if I get a double out of this in five years, I'll be happy' — that's pretty decent money," Muhlenkamp said. He noted that industrials within the Russell Mid Cap value index have returned 116% over the previous five years.

Persons: —, That's, Michael Burry, Warren Buffett, Berkshire, Rob Arnott, Tim Boyle, Arnott, I'd, Bob Elliott, Bob Elliott's, Elliott, Jeff Muhlenkamp, Jeff Muhlenkamp Muhlenkamp, Jeff Muhlenkamp's, Muhlenkamp, you've, Sona Menon, Cambridge Associates Sona Menon, Bryant VanCronkhite, Allspring Bryant VanCronkhite Allspring Bryant VanCronkhite, VanCronkhite, Russell, industrials, James Davolos, Davolos, George Patton, Harley Bassman, Harley Bassman's, Bassman, Merrill Lynch, I'm Organizations: Service, American Express, Business, Research, Bloomberg, Getty, Bridgewater Associates, Treasury, Securities, Muhlenkamp, Baidu, Google, North, Cambridge Associates, Allspring, Horizon Kinetics, Opportunities Fund, Credit Suisse Locations: industrials, West Africa, New York City, Guinea

☆ MongoDB shares sink 23% after management trims guidance
▼ + stars: | 2024-05-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Concerning guidance, the company called for adjusted fiscal second-quarter earnings of 46 cents to 49 cents per share, with $460.0 million to $464.0 million in revenue. Analysts surveyed by LSEG were looking for 58 cents in adjusted earnings per share and $470.4 million in revenue. MongoDB trimmed its 2025 fiscal-year forecast, which now stands at $2.15 to $2.30 in adjusted earnings per share and $1.88 billion to $1.90 billion in revenue. Three months ago, the forecast was adjusted earnings per share of $2.27 to $2.49 and revenue of $1.90 billion to $1.93 billion. Analysts had predicted $2.50 in adjusted earnings per share on $1.93 billion in revenue.

Persons: Dev Ittycheria, Salesforce

☆ Tesla is building a huge battery factory in Shanghai even as US-China trade tensions rise
▼ + stars: | 2024-05-24 | by ( Laura He | ) edition.cnn.com time to read: +4 min

The factory, which was announced in April last year, aims to begin production in the first quarter of 2025. The battery facility will be close to Tesla’s Shanghai Gigafactory, which is the company’s largest plant outside the United States, producing almost one million cars a year. Rising tensionsWhile most Western companies are face rising barriers to doing business in China, things have been smoother for Tesla. “Tesla competes quite well in the market in China with no tariffs and no deferential support. I’m in favor of no tariffs,” Musk said.

Persons: Hong Kong CNN — Tesla, Elon Musk, Tom Zhu, Tesla, Wu Xiaohua, ” Musk, Li Qiang, Li, Joe Biden, Musk, “ Tesla Organizations: Hong Kong CNN, Lingang Group, Tesla, Reuters, “ Locations: Hong Kong, Shanghai, China, United States, Beijing, Washington, Tesla’s Gigafactory, Europe, Paris

CNN —A far-right coalition of parties in the European Parliament has expelled Germany’s Alternative for Germany (AfD) Party following their leading candidate’s comments about Nazi SS soldiers during World War II. “The ID Group no longer wants to be associated with the incidents involving Maximilian KRAH, head of the AfD list for the European elections,” it said. Krah, the AfD’s leading candidate in next month’s European elections, has already been banned from making public appearances by his party, following controversial comments about Nazi SS soldiers in Italian newspaper La Repubblica over the weekend. French far-right leader Marine Le Pen from her National Rassemblement (RN) Party has also said they would no longer sit in the same parliamentary group as the AfD after next month’s elections. CNN’s James Frater reported from London, Nadine Schmidt and Seb Shukla from Berlin, and Barbie Nadeau from Rome.

Persons: ”, –, Maximilian KRAH, Krah, Adolf Hilter, Marine Le, CNN’s James Frater, Nadine Schmidt, Seb Shukla, Barbie Nadeau Organizations: CNN, Nazi SS, Democracy Group, La Repubblica, SS, Schutzstaffel, Rassemblement, Party Locations: Germany, London, Berlin, Rome

☆ 'This is what you live for': How to handle GameStop's jaw-dropping swings as meme stocks make a comeback, according to a momentum-obsessed technical strategist
▼ + stars: | 2024-05-15 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

He believes the stock market is rational — even when it doesn't appear to be. Related stories"The market is ruthlessly efficient, both long term and short term," Lundgren said. The strategist added: "The market doesn't care one iota about fundamentals in the short term. Like any market, stock exchanges determine prices based on what buyers and sellers will pay and sell for. Just because it's taking place in a mall doesn't make that mall an insane asylum."

Persons: —, Tuesday's, Redditors, David Lundgren, Lundgren, who's, that's, It's, Benjamin Graham, Mark Minervini Organizations: Service, GameStop, Business, Street, MOTR Capital Management & Research, Little Harbor Advisors, AMC

☆ Who is Hope Hicks, longtime Trump aide who is testifying in NY hush money case?
▼ + stars: | 2024-05-03 | by ( Michelle Shen | ) edition.cnn.com time to read: +8 min

Washington CNN —Hope Hicks, once a longtime trusted aide in Donald Trump’s inner circle, is testifying Friday in the New York hush money trial after being subpoenaed. As CNN reported previously, Hicks appeared before the grand jury last year before Trump was indicted, as did Trump counselor Kellyanne Conway. According to reporting from “The Divider: Trump in the White House, 2017-2021,” Trump is quoted as saying, “Well, Hope doesn’t believe in me.”“No, I don’t,” Hicks replied, according to the book. “Nobody’s convinced me otherwise.”In October 2022, Hicks testified before the House select committee investigating the January 6, 2021, Capitol riot. In a video clip played by the committee, Hicks testified about a conversation she had with Trump after the election, regarding his baseless claims of election fraud.

Persons: Washington CNN — Hope Hicks, Donald Trump’s, “, ” Hicks, Hicks, Trump, Kellyanne Conway, Cohen, Stormy Daniels, Rob Porter, Trump’s, Porter, ” Trump, Hope doesn’t, ”, “ Nobody’s, Trump “, ’ ” Hicks, Daniels, ” Cohen, Prosecutors, upended, –, David Pecker, Dylan Howard, Stephanie Clifford, I’ve, Sheila Jackson Lee, Jerry Nadler, Nadler, ’ Organizations: Washington CNN, CNN, Trump, Trump Organization, White, House Intelligence, Fox News, Trump White, House, Capitol, Politico, US, of, American Media Inc, AMI, National Enquirer, FBI, ” Prosecutors, Democratic Rep, New York Democrat Locations: New York, Southern, of New York, Trump’s

The top US diplomat landed in Shanghai where he is expected to meet local officials and business leaders, and he will then travel to Beijing for meetings with senior Chinese officials. “We are in a different place than we were a year ago when the bilateral relationship was at an historic low point,” a senior State Department official said. “Russia is no longer kind of on its back foot,” a second senior State Department official said. Blinken will make the case that China should weigh in “more directly” with Iran to be less provocative in the region, the second senior State Department official said. “In both cases the Chinese have taken some early steps,” said the second senior State Department official, adding that there is still “much more” that needs to be done on both fronts.

Persons: Antony Blinken, Joe Biden, Xi Jinping, Janet Yellen, Biden, Xi, ”, “, ” Blinken, Matthew Miller, Leah Millis, China’s, ” Xi, Blinken, ” Miller, it’s, Mark Swidan, Kai Li, David Lin Organizations: CNN, State Department, Ukraine, US, Foreign Ministry, of, People, Biden, Chinese Foreign Ministry, ASEAN, Association of Southeast Asian Nations, Beijing, Party, Taiwan, Communist, Taiwan Relations, White Locations: China, Ukraine, Shanghai, Beijing, California, Russia, Moscow, Italy, “ Russia, ”, Europe, United States, South China, Philippine, Washington, Philippines, South, Taiwan, Taiwan Strait, East, Iran

Search resuls for: "ted as say"

25 mentions found