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☆ Stocks making the biggest moves premarket: Carnival, Deere, Super Micro Computer and more
▼ + stars: | 2023-09-19 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The Carnival Miracle cruise ship operated by Carnival Cruise Line is docked at Pier 27 in San Francisco, Sept. 30, 2022. Dell Technologies — Shares rose more than 1.2% after Daiwa Capital Markets upgraded the computer stock to outperform from market perform. The Wall Street firm hiked its price target to $80 per share from $50, implying roughly 16% upside from Monday's close. Super Micro Computer — The information technology stock added more than 2% after Barclays initiated coverage of Super Micro Computer on Tuesday with an overweight rating. The firm's $327 price target represents nearly 34% upside from Monday's close.

Persons: Truist, Deere, Cowen, shakeup, — CNBC's Michelle Fox, Hakyung Kim Organizations: Carnival Cruise, Royal Caribbean Group, Truist, Royal, Cruise Lines, Deere & Company, Starbucks, CVS Health, pharma, CVS, Dell Technologies, Daiwa, Markets, Barclays, Computer, JPMorgan Locations: San Francisco, Royal Caribbean, China

☆ Rocket Lab stock drops 25% after first launch failure in over two years
▼ + stars: | 2023-09-19 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

Rocket Lab stock fell in premarket trading after the company suffered its first launch failure in over two years early Tuesday morning. "We are deeply sorry to our partners Capella Space for the loss of the mission," Rocket Lab said in a statement. Shares of Rocket Lab fell as much as 26% in premarket trading from its previous close at $5.04. But Rocket Lab warned it will be postponed while it resolves the launch failure. After its previous launch failure, Rocket Lab launched its next Electron mission 70 days later.

Persons: Space – Organizations: Rocket, Space, Federal Aviation Administration, Capella Space, Elon, SpaceX, Lab Locations: New Zealand, Acadia, San Francisco, U.S

☆ See inside Starbucks' quest for 'the cup of the future'
▼ + stars: | 2023-09-15 | by ( Peter Prengaman | Associated Press | ) www.businessinsider.com time to read: +14 min

Just as noteworthy as what they're carrying is what they are not: the disposable Starbucks cup, an icon in a world where the word is overused. ASU implemented a "borrow and return" plan that has users dump reusable cups in a bin outside the store. AP Photo/Ross D. FranklinNow, in an era where concern for sustainability can be good business, the Starbucks disposable cup may be on its way to extinction thanks to an unlikely force: Starbucks itself. Currently, ASU students can bring their own reusable cups or are given a reusable cup to wash and return. Since the reintroduction of reusable cups in some stores in July 2021 — reusable cups were not used during much of the COVID-19 pandemic — only 1.2% of worldwide sales in fiscal year 2022 came from reusables.

Persons: — Bethany Patton, Patton, Ross D, Franklin, that's, Michael Kobori, Lindsey Wasson, Erin Simon, Simon, Jon Solorzano, Solorzano, Irene Linayao, Aria, Tyler Eglen, Jane Tsilas, Walker, Kyle Walker, Franklin Valencia Villanueva, it's Organizations: Starbucks, Service, ASU, AP, Arizona State University ., Wildlife Fund, Arizona State, Starbucks —, Franklin Locations: TEMPE, Ariz, United States, Los Angeles, Europe, Germany, San Francisco, San Diego, Seattle, Arizona, reusables, Villanueva

Just as noteworthy as what they're carrying is what they are not: the disposable Starbucks cup, an icon in a world where the word is overused. Political Cartoons View All 1160 ImagesNow, in an era where concern for sustainability can be good business, the Starbucks disposable cup may be on its way to extinction thanks to an unlikely force: Starbucks itself. At the store where Patton gets her coffee, Starbucks already doesn't serve any in disposable paper or plastic cups. That pushes the limits of what can be done with recycled paper material that holds hot liquids. Since the reintroduction of reusable cups in some stores in July 2021 — reusable cups were not used during much of the COVID-19 pandemic — only 1.2% of worldwide sales in fiscal year 2022 came from reusables.

Persons: — Bethany Patton, Patton, ”, that's, Michael Kobori, It’s, Erin Simon, Simon, Jon Solorzano, ” Solorzano, “ I’ll, Irene Linayao, Aria, Tyler Eglen, Jane Tsilas, Kyle Walker, Valencia Villanueva, it's, “, Peter Prengaman, Manuel Valdes Organizations: Arizona State University ., Starbucks, Wildlife Fund, Arizona State, Starbucks —, AS, Valencia, Associated Press, AP Locations: TEMPE, Ariz, United States, Los Angeles, Europe, Germany, San Francisco, San Diego, Seattle, Arizona, reusables

☆ Investing in Space: Industry enters new era with tight funding and SpaceX dominance
▼ + stars: | 2023-09-14 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. BogeymanSpaceX feels a bit like Voldemort here: Whether it's the launch or satellite communications markets, SpaceX's dominance was a hot topic. While the company hasn't made any claims yet, the insurance market ramifications are looming. Because I think the one issue that creates dysfunction in this insurance market is … do you have enough volume to make up for this loss? … They're trying to figure out what 2024 is going to hold."

Persons: CNBC's Michael Sheetz, SpaceX's Starlink, Uninsurable, hasn't, Here's, they've, … They're, –, Jonathan Baliff, Henry Dubois, Adam Spice, EXIM, Judith Pryor, Pryor, there's Organizations: SpaceX, We're Locations: Paris, U.S

☆ Bernstein says this software development firm can grow sales by eight times current levels
▼ + stars: | 2023-09-12 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

GitLab could be a winner in the evergreen software space, according to Bernstein. The firm initiated coverage of GitLab stock with an outperform rating as well as a $62 per share price target. According to the analyst, GitLab operates in a duopoly with Microsoft-owned GitHub, with both companies sharing roughly 70% and increasing market share of cloud development Gits, or code repositories. "GitLab's opening is to become the "Switzerland" platform for CI/CD development pipelines — a durable and large market position," Weed said. Still, the firm noted market constraints on Gitlab's pricing power and product expansion options, noting competition from GitHub, Australian software firm Atlassian and potentially Datadog.

Persons: Bernstein, Peter Weed, GitLab, Weed, — CNBC's Michael Bloom Organizations: Microsoft Locations: Switzerland, GitHub

☆ How researchers are developing fabrics that can keep skin 9 degrees Fahrenheit cooler than cotton
▼ + stars: | 2023-09-11 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

A lab in China made a fabric that can keep skin temperature 9 degrees Fahrenheit cooler than cotton. Brands including Bearbottom Clothing, LifeLabs, and Mission have products like t-shirts that can cool you down by 3 degrees Fahrenheit and hats that get 23 degrees Fahrenheit cooler when wet. Guangming TaoThe temperature of the student's skin wearing the side with the metafabric was 4.8 degrees Celsius, or about 9 degrees Fahrenheit, cooler than the side covered in cotton. AdvertisementAdvertisementThis isn't the first cooling fabric to be developed, but other fabrics have been extremely thin and fragile. Athletes, construction workers, soldiers, and others could benefit from wearing the cooling fabric, Tao said.

Persons: Summers, Robert Felder, Bearbottom, NanoStitch, Guangming Tao, Tao, Guangming Organizations: Brands, Service, Bearbottom, China, Wuhan National Laboratory, Optoelectronics, of Materials Science, Engineering Locations: China, Wall, Silicon, Wuhan

☆ Cramer's Lightning Round: Indie Semiconductor is not a buy
▼ + stars: | 2023-08-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Super Micro Computer's year-to-date stock performance. Stock Chart Icon Stock chart icon NRG Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Ecolab's year-to-date stock performance. Stock Chart Icon Stock chart icon Old Republic's year-to-date stock performance. Stock Chart Icon Stock chart icon Indie Semiconductor's year-to-date stock performance.

Persons: Zimmer, Zimmer Biomet, there's, they're, Cintas, Jim Cramer's Organizations: Nvidia, Networks, Extreme Networks, GE Healthcare, NRG Energy, Indie Semiconductor, Arista Networks, Arista, Cisco Locations: Southern, Republic

☆ Cramer's Lightning Round: Alphabet is a buy
▼ + stars: | 2023-08-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Applied Materials' year-to-date stock performance. Stock Chart Icon Stock chart icon Telus International's year-to-date stock performance. Stock Chart Icon Stock chart icon Tutor Perini's year-to-date stock performance. Stock Chart Icon Stock chart icon Nio's year-to-date stock performance. Stock Chart Icon Stock chart icon Huntington Bancshares' year-to-date stock performance.

Persons: They're, Perini, They've, I'm, I'd, Huntington Bancshares, Huntington Organizations: Telus

☆ Google A.I. researcher says he left to build a startup after encountering 'big company-itis'
▼ + stars: | 2023-08-17 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Sakana AI founders Llion Jones, left, and David Ha, meet at a rooftop bar in Tokyo. Jones, a co-author of Google's prominent Transformers research paper, is the generative AI research lab's technology chief, and Ha, a former Google research scientist, is its CEO. He was one of eight authors of the pivotal Transformers research paper, which is central to the latest in generative artificial intelligence. He's joining fellow ex-Google researcher David Ha to build a generative AI research lab in Tokyo called Sakana AI. The T stands for Transformers, an architecture behind much of today's frenetic generative AI activity.

Persons: Llion Jones, David Ha, Jones, He's, Ha, Sakana, OpenAI, they've Organizations: Google, itis, CNBC, University of Birmingham, YouTube, Microsoft Locations: Tokyo, Ha

☆ A weirdly wobbly 'muon' particle might revolutionize physics by revealing a 5th force of nature or another dimension
▼ + stars: | 2023-08-15 | by ( Sonam Sheth | Jessica Orwig | ) www.businessinsider.com time to read: +5 min

A subatomic particle called the muon is wobbling far more than leading physics models can explain. Its unusual behavior could be evidence of a fifth force of nature or a new dimension. And the reason could be evidence of a new, fifth force of nature. But there are still cosmic wonders we don't understand — mysteries that the discovery of a fifth force of nature may help solve. One possible explanation is that the muons' behavior is dictated by a fifth force of nature.

Persons: Aylin Woodward, Einstein, Rosen, Brendan Casey, Graziano Venanzoni Organizations: Service, Fermi, Accelerator Laboratory, Fermilab, Brookhaven National Lab Locations: Wall, Silicon

☆ Canada's Telesat says MDA to build 198 satellites, shares soar
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/IllustrationAug 11 (Reuters) - Satellite operator Telesat (TSAT.TO), has given space tech firm MDA (MDA.TO) a C$2.1 billion ($1.56 billion) contract to build 198 satellites for its low-earth orbit program. Telesat said it had earmarked $3.5 billion as capital expenditure for the Lightspeed project and that the MDA deal had helped it save $2 billion. The technology would also allow each satellite to be slightly smaller than the ones Telesat was previously considering. Telesat's Lightspeed network is designed to serve the connectivity requirements of enterprise and government users, with highly secure, resilient, low-latency broadband connectivity anywhere in the world. The company launched its first LEO 3 demonstration satellite aboard Rocket Lab's Electron rocket in July.

Persons: Dado Ruvic, Telesat, Samrhitha, Denny Thomas, Savio D'Souza, Shounak Organizations: REUTERS, MDA, Canadian, Lightspeed, Revenue, Thomson Locations: Bengaluru, Toronto

☆ Wall Street praises Rocket Lab's performance and sees stock climbing: 'Yet another strong quarter'
▼ + stars: | 2023-08-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

Wall Street was largely effusive about Rocket Lab's execution and growth, as analysts reacted to the space company's second-quarter results from Tuesday. Rocket Lab stock slid about 4% in early trading on Wednesday, after rising as much as 10% in premarket, from its previous close at $6.66 a share. Here's what analysts had to say about Rocket Lab's performance. Morgan Stanley — Overweight, $10 price target The firm's Kristine Liwag believes Rocket Lab stock "still has room to run" despite climbing about 70% so far this year. Roth Capital – Buy, $10 price target Analyst Suji Desilva also emphasized Rocket Lab's "steady launch execution" and expansion toward becoming an "end-to-end vendor" in the space market.

Persons: Ron Epstein, Epstein, Edison Yu, Morgan Stanley —, Kristine Liwag, Liwag, Stifel, Erik Rasmussen, Rasmussen, Roth, Suji Desilva, Jason Gursky, Gursky, Michael Bloom Organizations: Rocket, Bank of America, Deutsche, Citi Locations: premarket, U.S

☆ Rocket Lab results match Wall Street estimates, company adds contracts for 10 launches
▼ + stars: | 2023-08-08 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street's expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. Revenue grew 12% year over year in the second quarter to $62 million, versus $61.8 million expected by analysts surveyed by Refinitiv. Rocket Lab's launch business saw $22.5 million in revenue in the second quarter, while its space systems unit brought in $39.6 million. For the third quarter, Rocket Lab expects revenue to grow to between $73 million and $77 million. Beck told CNBC that Archimedes features "new manufacturing technologies" that Rocket Lab "hasn't really disclosed in any great detail."

Persons: Peter Beck, Adam Spice, Spice, Beck Organizations: Refinitiv, Revenue, Rocket, Lab, CNBC Locations: Virginia

☆ Investing in Space: Rocket Lab stock leads the sector in year-to-date gains
▼ + stars: | 2023-08-03 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Rocket Lab is up 85% so far this year, closing back in on its $10 a share starting point two years ago, while Redwire is close behind, up 78%. Rocket Lab is the index's No. Chanin noted that with many of these space stocks having debuted at $10 a share they're largely still trying to get back to where they started. Rocket Lab has a healthy lead but we'll see who ends up on top come the end of the year – with the market watching closely for continued execution.

Persons: CNBC's Michael Sheetz, Redwire, it's, Andrew Chanin, –, Stocks, Chanin Organizations: Rocket Lab Locations: ProcureAM

☆ 'Oppenheimer' and the story behind those who lost their land to the lab
▼ + stars: | 2023-07-28 | by ( Andrew Hay | ) www.reuters.com time to read: +5 min

[1/2] The town of Los Alamos, New Mexico with Fuller Lodge and the "Big House" dormitories is seen in an undated photograph. "Oppenheimer had no qualms about displacing people from their homelands," said Gomez, who wrote "Nuclear Nuevo Mexico" about the setting up of the lab. Today Los Alamos County, where the lab is based, is one of the richest and best-educated in the United States. "There's no economic development in our areas because it's all focused in Los Alamos," said Cristian Madrid-Estrada, director of the regional homeless shelter in Espanola, Rio Arriba's largest town. The lab said over 61% of employees hired since 2018 were from New Mexico, with most of its workforce living outside Los Alamos County.

Persons: Oppenheimer, Cillian Murphy, Loyda Martinez, Martinez, Christopher Nolan's, Marcel Torres, Torres, dispossession, Myrriah Gomez, Gomez, Alisa Valdes, Mexico Rob Martinez, homesteader, Cristian Madrid, Estrada, Andrew Hay, Rosalba O'Brien Organizations: Fuller, of Energy, REUTERS, U.S . Army, Homes, Los Alamos National Laboratory, National Nuclear Security Administration, U.S, Department, Labor, University of New, Manhattan, Hispano, Los Alamos, U.S ., Thomson Locations: Los Alamos , New Mexico, New Mexico, Espanola, New, University of New Mexico, Nuevo Mexico, Abiquiu , New Mexico, Publicists, United States, Los, Mexico, Los Alamos County, Neighboring Rio Arriba County, Los Alamos, Rio Arriba's, Taos , New Mexico

☆ Cramer's Lightning Round: Move on from Rocket Lab
▼ + stars: | 2023-07-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon Transmedics Groups year-to-date stock performance. Stock Chart Icon Stock chart icon Cheesecake Factory's year-to-date stock performance. Stock Chart Icon Stock chart icon Rocket Lab's year-to-date stock performance. Stock Chart Icon Stock chart icon Kearny Financial's year-to-date stock performance.

Persons: I've, Cheesecake, They're, it's, Merck, Wells Organizations: Tri Pointe Homes, Tri, Transmedics, Cheesecake, Copa Holdings, Nvidia, Rocket Labs, Merck, Co, Kearny Locations: Tri Pointe, Pointe, Panama

☆ What it was like to live at the Los Alamos lab site during the Manhattan Project
▼ + stars: | 2023-07-25 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +14 min

Los Alamos National LaboratorySituated 7,300 feet above sea level and roughly 35 miles from Santa Fe, the Los Alamos site seemed ideal for a secret laboratory. Constant constructionCompared to the Chicago labs, where some of the work on the Manhattan Project was being done, Los Alamos was starting from scratch. The commissary is where many Los Alamos residents did most of their grocery shopping during the Manhattan Project. Mary Palvesky is the daughter of Harry Palevsky and Elaine Sammel, who both worked at Los Alamos during the Manhattan Project. After the US dropped the bombs, the site became the Los Alamos National Laboratory.

Persons: J, Robert Oppenheimer, he'd, Oppenheimer, Abraham Pais, Laura Fermi, Enrico Fermi's, Robert Wilson, Leslie Groves, John Henry Manley, would've, McAllister Hull, Richard Feynman's, Groves, you'd, Robert Serber, Serber, John Manley, Leon Fisher, Phyllis, Emile Segré, Leon, Phyllis Fisher, wouldn't, Ruth Marshak, Elsie McMillan, Enrico Fermi, Jane Wilson, Charlotte Serber, Kitty Oppenheimer, Los Alamos, Lucie Genay, they'd, Edward Teller, Bernice Brode, Robert Brode, Jean Bacher, Thomas Mann's, Fisher, Mary Palvesky, Harry Palevsky, Elaine Sammel, Palvesky, Joseph Rotblat, Hans Bethe, Pavlevsky, Bethe, couldn't, Marcos, Maria Gómez Organizations: Manhattan Project, Service, Manhattan, Trinity Test, Los Alamos National Laboratory, Los Alamos National, Los Alamos Ranch School, Manhattan Project . National Security Research, Los Alamos, Alamos lab's Tech Area, National Security Research Center, Residents, Carpenters, Tech, Security Research, Los, Nuclear Weapons Industry, couldn't, Trinity, Chicago Met Lab, Japan Locations: New Mexico, Los Alamos, Wall, Silicon, Alamos, Santa Fe, Chicago, Los, Mexican, Hiroshima, Nagasaki, Berkeley, New York

☆ Oppenheimer never won a Nobel Prize, but these 31 scientists with ties to the Manhattan Project did
▼ + stars: | 2023-07-24 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +26 min

Manhattan Project: After a harrowing escape from Nazi-occupied Denmark in 1943, Bohr began consulting on the Manhattan Project. Manhattan Project: Between 1943 and 1944, Muller was a civilian advisor for the Manhattan Project, consulting on experiments studying the effects of radiation. Maria Goeppert Mayer, Nobel Prize in Physics, 1963Maria Goeppert Mayer worked on the Manhattan Project and later won the Nobel Prize in physics. Manhattan Project: Working as an assistant to his father, Niels Bohr, Aage Bohr proved instrumental in interpreting for some members of the Manhattan Project. Manhattan Project: At 18, Glauber was still a student at Harvard when he became one of the youngest scientists to join the Manhattan Project.

Persons: Robert Oppenheimer, Alfred Nobel, Joseph Rotblat, Albert Einstein, Christopher Nolan's, Oppenheimer, Niels Bohr, Bohr, Nicholas Baker, Nick, James Franck, Boyer, Roger Viollet, Gustav Ludwig Hertz, Niels Bohr's, Franck, Arthur Compton, Imagno, Compton, Harold Urey, Harold, Urey, James Chadwick, Chadwick, Enrico Fermi, Fermi, Ernest Lawrence, Lawrence, Isidor Isaac Rabi, Nancy R, Schiff, Rabi, Hermann Muller, Muller, Edwin McMillan, Bettmann, Glenn Seaborg, McMillan, Elsie McMillan, Seaborg, Felix Bloch, Edward Purcell, Nobel, Hans Bethe, Bloch, Purcell, Emilio Segrè, Owen Chamberlain, Chamberlain, Segrè, Willard Libby, Leona Libby, Lowell, Libby, Linus Pauling, Leona Woods Marshall Libby, Eugene Wigner, Wigner, Leo Szilard's, Einstein, Franklin D, Roosevelt, Maria Goeppert Mayer, J, Hans Jensen, Goeppert Mayer, Teller, Richard Feynman, Tomonaga, Julian Schwinger, Fenynman, Hans Bethe's, Feynmwan, Feynman, Schwinger, Robert Mulliken, Mulliken, Szilard, Hans A, Bethe, Luis Alvarez, Alvarez, Enola Gay, Walter Alvarez, James Rainwater, Aage Bohr, Ben Mottelson, Rainwater, Wu, Aage Niels Bohr, Mottelson, mumbled, Val Fitch, James Cronin, Fitch, Jerome Karle, Isabelle, Larry Morris, Herbert Hauptman, Karle, Isabella Karle, Norman Ramsey, Ellie Welch, Ramsey, Norman Ramsey's Nobel, David Cheskin, Rotblat, Russell, Bertrand Russell, Enstinen, Frederick Reines, Philippe Caron, Sygma, Reines, Roy Glauber, Gail Oskin, Glauber Organizations: Manhattan Project, Service, Manhattan, US Army, AP, Getty, University of Chicago's Metallurgical Laboratory, Chicago Met, Los Angeles Examiner, USC, Columbia, Keystone, Gamma, Columbia University, University of Chicago, Trinity Test, University of California, Lawrence Berkeley National Laboratory, Lawrence Livermore National Laboratory, Hulton, Trinity, Deutsch, Los Alamos, University of Chicago's Metallurgical, Atomic Energy Commission, Harvard University, MIT Rad Lab, Denver, Chicago Met Lab, Materials Laboratory, Los, Radiation Laboratory, MIT, University of Chicago's, Princeton University, Naval Research Lab, Washington, US Naval Research Laboratory, Science, World Affairs, Einstein, Los Alamos National Laboratory, Harvard, Institute for Locations: Wall, Silicon, Polish, Denmark, Copenhagen, Nazi, London , Washington, Los Alamos, German, Germany, Japan, Manhattan, British, France, Washington, DC, Berkeley, Ridge , Tennessee, Los, New Mexico, Hanford, antiprotons, Hiroshima, Lowell Georgia, San Diego, Chicago, Washington ,

☆ Ukrainian-founded Duolingo rival Preply banks $70 million to push into A.I.
▼ + stars: | 2023-07-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Preply, a language learning platform connecting people with tutors, raised $70 million of fresh capital to ramp up its use of artificial intelligence, the company told CNBC exclusively. The equity portion was led by Horizon Capital, a venture capital firm focused on investing in emerging entrepreneurs, particularly Ukrainians. The funding adds to a $50 million Series C funding round Preply raised last year, and takes its total funding raised to over $170 million. It comes as Duolingo, a competitor to Preply, has been incorporating OpenAI's GPT language processing software to enhance its app's personalization to users. Horizon Capital raised $125 million for a startup fund aimed at backing Ukrainian founders.

Persons: Kirill Bigai, Dmytro Voloshyn, Serge Lukianov, Preply, Preply's, Max Lytvyn, Alex Shevchenko, Dmitriy Zaporozhets Organizations: CNBC, Horizon Capital, Reach Capital, Hoxton Ventures, Bain, Horizon, Google, Samsung, Amazon Locations: Ukraine, U.S, GroupM, Ukrainian, Preply, Russia, Moscow

☆ Rocket Lab's stock has doubled this year — and Deutsche Bank sees it climbing even higher
▼ + stars: | 2023-07-19 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Rocket Lab's stock has been on a tear, more than doubling this year. Deutsche has a buy rating on Rocket Lab and a $10 price target that is nearly 28% above Tuesday's close of $7.83 a share. Rocket Lab's stock is up 107% year to date. Deutsche expects Rocket Lab's revenue and profitability to continue to climb, thanks to more launches by its Electron rocket. Additionally, Yu highlighted Rocket Lab's recent purchase of former Virgin Orbit assets — bought at an 80% discount in an auction.

Persons: Edison Yu, Yu, —, – CNBC's Michael Bloom Organizations: Deutsche Bank, Rocket, Deutsche, Space, Electron, Apple, SpaceX, United Launch Alliance, Virgin Orbit

☆ Michigan hair salon faces backlash after banning transgender and queer customers, reportedly telling them to 'seek services at a local pet groomer'
▼ + stars: | 2023-07-14 | by ( Haley Tenore | ) www.businessinsider.com time to read: +5 min

The Facebook post, which has since been deleted, suggested that anyone not matching that identity should instead "seek services at a local pet groomer," according to the report. Period," the account for Studio 8 Hair Lab - Education and Beauty Supply said, according to USA Today. Geiger and Studio 8 Hair Lab did not immediately respond to Insider's requests for comment ahead of publication. Traverse City is investigating whether or not Studio 8 Hair Lab has violated an anti-discrimination ordinance, according to the report. "STUDIO 8 HAIR LOFT is a very LGBTQ+ friendly salon, please do not mistake us for the other salon."

Persons: Christine Geiger, Geiger, Richard Lewis, Jack Winn, Jack Winn Pro, Betsy Coffia, Coffia Organizations: Facebook, Service, USA, Beauty Supply, Google, CONSERVATIVE, Associated Press, Jack Winn Pro, Democratic Michigan State Locations: Michigan, Wall, Silicon, Traverse City , Michigan, Traverse City, Traverse, Allentown , Pennsylvania

☆ T.J. Maxx's small presence on the web is giving Shein and Temu a big advantage
▼ + stars: | 2023-06-30 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +5 min

Analysts said that rivals like Shein and Temu pose "major threats" to brands like T.J. Maxx. Certain brands can't be searched for directly by name on T.J. Maxx's online store. E-commerce is just a small part of TJX's businessShein and T.J. Maxx share a similar customer base. A representative for TJX declined to comment when Insider asked about the growing competition from companies like Shein and Temu and whether TJX plans to expand its online presence. Customers said that they liked shopping at T.J. Maxx because the brand offers good value for money and a chance to hunt for good deals.

Persons: Maxx, —, John Klinger, Calvin Klein, Gucci —, Ernie Herrman, TJX's Herrman Organizations: Service, UBS, TJX's, Nike, TJX, Customers, Maxx Locations: Maxx, Sierra, COVID

☆ If you'd rather quit your job than return to the office, there are still plenty of remote opportunities out there
▼ + stars: | 2023-06-29 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Is it still safe to quit your job simply because you don't want to return to the office? The job market is still strong and offers a higher share of remote job postings than pre-pandemicData from the Bureau of Labor Statistics, or BLS, shows the labor market is still robust. Cory Stahle, an Indeed economist, noted at a press event last week that "remote work is something that is here to stay." Even Indeed renamed its Remote Job Tracker given the demand for hybrid employees, noting as hybrid "work arrangements emerge as a primary modality of flexible work — which itself is a topic of growing interest to job seekers, employers and policymakers alike — we are updating and renaming the Remote Tracker to the Remote & Hybrid Job Tracker." Did you quit your job after being told to return to the office?

Persons: there's, —, Insider's Juliana Kaplan, She's, Bonnie Chiurazzi, Chiurazzi, Lab's Daniel Culbertson, Culbertson, Cory Stahle, Stahle, Dawn Fay, Robert Half, Fay Organizations: Service, ADP Research Institute, Bureau of Labor Statistics, Labor, Survey Locations: North America

☆ Investing in Space: Here are the rockets chasing to compete with SpaceX's Falcon 9
▼ + stars: | 2023-06-08 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +14 min

SpaceXCNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Overview: Chasing the FalconNo rocket has been better-described as a "workhorse" than SpaceX's Falcon 9. Aside from Blue Origin's New Glenn, the early theme is rockets that are close to the capability of Falcon 9 and less expensive. – CNBC, which the lawsuit says were used for NASA projects including the International Space Station and the Space Launch Systems rocket. – Firefly Aerospace: The rocket builder says the deal will bolster its launch, spacecraft, and lunar lander businesses.

Persons: CNBC's Michael Sheetz, Phil Smith, SpaceX's, Glenn, Smith, –, Smith doesn't, CNBC ULA, Tory Bruno, Jeff Bezos, ULA, – Read, Shepard, Bob Smith, Jim Free, Artemis, HawkEye, – Hydrosat, Leonardo DiCaprio, – Momentus, Westinghouse EchoStar's Hughes, – EchoStar, Iris Lan, Sumara Thompson, King, Lan, – NASA Celeste Ford, Ford, – SpiderOak Melissa Quinn, Quinn Organizations: SpaceX CNBC's, SpaceX, Falcon, Boeing, NASA, CNBC, CNBC Department of Defense, Ukraine, Starlink, Pentagon, –, Space Station, Systems, CNBC SpaceX, Cargo, International Space, FAA, Intelsat, Japan Airlines, Embraer, – Intelsat, Rocket, ONE, Washington, Spaceflight, Aerospace, Aerospace Spacecraft, York, MaC Venture Capital, Broom Ventures, Veto, TechCrunch Viasat, Air Force, Viasat, Westinghouse, U.S . Department of Justice, – NASA, Ford, Stellar Solutions Locations: Florida, China, Russia, Colorado, Ukrainian, Bellevue , Washington, Cortado, Cornwall

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