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☆ Chandrayaan-3 mission finds new evidence to support lunar theory
▼ + stars: | 2024-08-23 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Pragyan made 23 measurements as it rolled along a 338-feet (103-meter) region of the lunar surface, located within 164 feet (50 meters) of Chandrayaan-3’s landing site, for about 10 days. The rover’s data marks the first measurements of elements within lunar soil near the south polar region. NASAThe first lunar samples collected during the Apollo 11 mission in 1969 led researchers to the theory that the moon was once a molten ball of magma. The Pragyan rover, seen on Earth before being sent to the moon on Chandrayaan-3, used analytical tools to study lunar soil. APXSPOC, PRLPersistent lunar mysteriesThe mission proves why it is crucial to send spacecraft to different lunar regions to understand the history of the moon, Vadawale said.

Persons: Pragyan, Noah Petro, Artemis III, Petro, Santosh Vadawale, Vadawale, “, Shiv Shakti, ”, ” Petro Organizations: CNN, NASA, Mercury, Apollo, Reconnaissance, Artemis, Physical Research Locations: India, Aitken, Ahmedabad

☆ ‘Sponge’ cities combat urban flooding by letting nature do the work
▼ + stars: | 2024-08-13 | by ( Christy Choi | ) edition.cnn.com time to read: +12 min

Turenscape/Courtesy The Cultural Landscape FoundationYu’s proposal is this: Create areas with porous earth where local plants can thrive with little or no maintenance. But whether this latest flooding crisis demonstrates the limitations of China’s sponge cities, or supports the case to expand them, is a matter of debate. Turenscape/Courtesy The Cultural Landscape FoundationTurenscape planted 5,600 seedlings of 360 local species, including rare trees indigenous to Thailand’s central river basin. Turenscape/Courtesy The Cultural Landscape FoundationThis may be another reason Yu’s services have been sought outside China. Last year, The Cultural Landscape Foundation awarded Yu the $100,000 Oberlander Prize in recognition of his pioneering work.

Persons: Kongjian Yu, Yu, ” Yu, Turenscape, Xi Jinping, Faith Chan, ”, Chan, Elizabeth Mossop, ” Mossop, “ Organizations: CNN, redwoods, UK’s University of Leeds, Research, Global Times, University of Nottingham, Thai, Arsomsilp, Environmental, Landscape Foundation, University of Technology Sydney’s School of Design Locations: Nanchang, China's Jiangxi, China, Qinghuandao, China's Hebei province, Wuhan, Hainan, Sanya, China's, Guangdong, Turenscape, University of Nottingham Ningbo China, ”, Bangkok

☆ A retired boomer who visited all 50 states ranks his top picks and least favorites
▼ + stars: | 2024-08-11 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

AdvertisementHatfield ranked his top five favorite and least favorite states and national parks. They also have a cruise scheduled to American Samoa, home of the National Park of American Samoa, their last national park. Favorite and least favorite statesHatfield acknowledged his favorite states were also the ones with the most diverse national parks. Favorite and least favorite national parksHatfield said he enjoyed every national park, though some have more to offer than others. One of his earliest and most memorable national parks was Yosemite, which he visited 15 years ago.

Persons: —, Tom Hatfield, Hatfield, Lake Charles, — Gates, Louisiana didn't, Bryce, El Capitan Organizations: Service, Business, Hatfield, Louisiana State University, Redwood, of, Salt Lake City . California, Alaska, El, Indiana Dunes Locations: Louisiana, New Orleans, Lake, North Dakota, New Hampshire, Canada, Bavarian, Dubai, Antarctica, Ireland, Basel, Amsterdam, Egypt, Alaska, California, Isle Royale, Michigan, Kobuk, Nevada, American Samoa, of American Samoa, . Utah, Salt, Salt Lake City ., Colorado, Montana, Yellowstone, Mississippi, Las Vegas, Nebraska, Indiana, Hatfield, Zion, Utah, Yosemite, North, Pacific Northwest, South Carolina, Springs, Arkansas, Guadalupe, Texas

☆ After a burst ice dam unleashed a flood, residents in Alaska's capital clean up swamped homes
▼ + stars: | 2024-08-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +3 min

The flooding happens because a smaller glacier near Mendenhall Glacier had retreated — a casualty of the warming climate — and left a basin that fills with rainwater and snowmelt each spring and summer. When the water creates enough pressure, it forces its way under or around the ice dam created by the Mendenhall Glacier and enters Mendenhall Lake and eventually the Mendenhall River, as it did this week. On Wednesday, piles of garbage bags and other items — wood, boxes, sodden insulation and carpeting — dotted the curbs. The city said the water reached some homes outside expected flood areas. Her dad woke her up hours later via FaceTime and alerted her to rising water outside.

Persons: Mendenhall, Eran Hood, Sean Maguire, ”, Hood, Marc Lester, Alyssa Fischer Organizations: University of Alaska, Anchorage Daily, AP, nchorage Daily, AP Juneau Locations: Mendenhall, Juneau, U.S, Alaska, FaceTime

☆ CNBC Daily Open: Markets fall with Japan stocks in bear territory; Berkshire's cash hoard at record high
▼ + stars: | 2024-08-05 | by ( Kevin Lim | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Jobs shock hits stocksU.S. stocks plummeted on Friday after a weaker-than-expected jobs report added to fears of a recession. The Nasdaq Composite dropped 2.43% and is now in correction territory, having declined more than 10% from its recent high. Asian stocks plungeAsian stocks continued to sell-off on Monday, with the Japanese market confirming a bear market. The stocks had to pass several criteria, including receiving five or more earnings upgrades in the past three months.

Persons: Topix, Taiwan's Taiex, Warren Buffett Organizations: New York Stock Exchange, CNBC, Dow Jones Industrial, Nasdaq, Treasury, Federal, Nikkei, CSI, Berkshire Hathaway's, Apple . Berkshire, Exxon, Chevron, CNBC Pro Locations: New York City, China, Apple ., Berkshire, Guyana, U.S, San Ramon , California, Houston , Texas

☆ High temperatures scorch China, spiking power demand
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: +2 min

In the east and northwest of China, temperatures as high as 43.9 degree Celsius (111.02 Fahrenheit) have scorched Zhejiang, Jiangsu, Shanghai, Anhui, Xinjiang in recent days, state broadcaster CCTV said. China Meteorological Administration said some localities in Xinjiang's Turpan Basin, southern Anhui, and central and western Zhejiang, temperatures could rise above 40C. The observatory of Zhejiang's capital Hangzhou recorded a 41.9C historical high on Saturday, with 40-42C temperatures forecast till Monday. Jiangsu's observatory issued a red warning for heat on Sunday after high temperatures which had persisted for more than a week further intensified. The national weather forecaster on Monday cautioned of potential fire hazards caused by excessive power consumption and excessive electrical loads.

Organizations: CCTV, China Meteorological Administration, Grid Locations: Nanjing, China, Jiangsu, Zhejiang, Shanghai, Anhui, Xinjiang, Turpan, Hangzhou, Wuxi, Changzhou

☆ CNBC Daily Open: Nasdaq in correction territory; Berkshire's cash holdings reach record high
▼ + stars: | 2024-08-05 | by ( Kevin Lim | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The Nasdaq Composite dropped 2.43% and is now in correction territory, having declined more than 10% from its recent high. The unemployment rate rose to 4.3%, the highest since October 2021 when the global economy was still reeling from the Covid-19 pandemic. The stocks had to pass several criteria, including receiving five or more earnings upgrades in the past three months.

Persons: Warren Buffett Organizations: New York Stock Exchange, CNBC, Dow Jones Industrial, Nasdaq, Treasury, Federal, Berkshire Hathaway's, Apple . Berkshire, Exxon, Chevron, CNBC Pro Locations: New York City, Apple ., Berkshire, Guyana, U.S, San Ramon , California, Houston , Texas

☆ New heat wave to hit West, Plains and South, adding to an already blistering summer
▼ + stars: | 2024-08-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

Summer 2024 could be remembered not just for its historic temperatures, but for its successive heat waves with unusual geographic reach. More than 36 million Americans were under advisories, watches or warnings for dangerous and excessive heat Saturday night, according to National Weather Service data. The Gulf Coast and the South were also in for triple-digit highs for much of the week, the weather service said. "The prolonged nature of the heat will increase the risk of heat-related illness," it said in warning that much of the West would experience dangerous heat next week. "The combination of high temperatures increasing into the lower 100s along with high humidity will result in major to extreme" risk for heat-related illness, the weather service said.

Organizations: Federal, National Weather Service, Northern Rockies Locations: Pacific Northwest, Montana , North Dakota , Wyoming, South Dakota , Nebraska , Colorado , Kansas, New Mexico , Oklahoma, Texas, Gulf, Louisiana, Mississippi, West, Great Basin, Southeastern California, Northern Plains, Northern, Rocky, Southern California, Las Vegas , Nevada, Imperial, Arizona, El Centro, United States

☆ Belgium drops out of mixed triathlon and Switzerland shuffles line-up after athletes fall ill following race in River Seine
▼ + stars: | 2024-08-04 | by ( Kyle Feldscher | Issy Ronald | ) edition.cnn.com time to read: +7 min

Paris CNN —Belgium has withdrawn from the mixed relay triathlon race on Monday and Switzerland has had to mix up its roster after athletes from both countries fell ill following the initial triathlon races last week. The statement did not specify Michel’s illness, which was reported days after she swam in the River Seine during the women’s triathlon on Wednesday. “Claire Michel, a member of the relay, is unfortunately ill and must withdraw from the competition.”Michel finished 38th in the women’s triathlon competition on Wednesday. Swiss Olympic Chief Medical Officer Hanspeter Betschart noted that it is unclear if Briffod’s infection is related to the Seine’s water quality. The athletes had largely put their trust in organizers to ensure that the water quality was safe for them.

Persons: Claire Michel, “ Claire Michel, ” Michel, Jasper Jacobs, Adrien Briffod, Simon Westermann, Hanspeter Betschart, ” Betschart, Météo, ”, Julie Derron, Alex Yee, “, Paris Mayor Anne Hidalgo, –, CNN’s, De La Fuente, Kevin Dotson, Chris Liakos Organizations: Paris CNN —, Olympic Committee, Belgian, Belgian Hammers, Paris Olympic, Wednesday, Getty, Olympic, Swiss, Swiss Olympic, Paris, Triathlon, Medical, City of, Training, Games, Paris Mayor, CNN, CFU, Palais Locations: Paris CNN — Belgium, Switzerland, Belgium, AFP, Paris, Météo France, City, City of Paris, Prefecture, France, Seine, Austerlitz, Alexandra

☆ Severe drought has returned to the Amazon. And it’s happening earlier than expected
▼ + stars: | 2024-08-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

In several rivers in the southwestern Amazon, water levels are the lowest on record for this time of year. Boats sit on the bank of the Acre River, the main water source for the city of Rio Branco, which is facing water shortages in Acre state, Brazil on Friday. The next day, Acre state declared an emergency amid an impending water shortage in its main city. Boats in the community of Polo Benfinca sit on the bank of the Acre River in Brazil on Friday. Marcos Vicentti / APIn Acre, the drought has already caused water supply shortages in several areas of its capital, Rio Branco.

Persons: Brazil — Holder, ”, Marcos Vicentti, It’s, ” Julie Messias Organizations: Amazon Cooperation Treaty Organization, Farmers, Associated Press Locations: BRASILIA, Brazil, Bolivia, Colombia, Ecuador, Guyana, Peru, Suriname, Venezuela, Acre, Rio Branco, Acre state, Madeira, Purus, Mexico, Amazonas, Porto Velho, Envira, Polo

☆ Stocks making the biggest moves premarket: Exxon Mobil, Intel, Apple, Snap, Amazon and more
▼ + stars: | 2024-08-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Intel — Shares plunged 20% on the back of weaker-than-expected earnings and revenue for the second quarter. The company reported weaker-than-expected revenue for the second quarter and issued a disappointing forecast for the third quarter. The company posted second quarter adjusted earnings of 87 cents per share on revenue of $1.08 billion. In the second quarter, revenue came in at $1.45 billion, slightly above estimates of $1.40 billion, according to LSEG.

Persons: FactSet, Cloudflare, DoorDash, Clorox, LSEG, GoDaddy, Sarah Min, Samantha Subin, Lisa Han, Michelle Fox Organizations: Exxon Mobil, Intel —, Revenue, Apple —, Apple, Twilio, Booking Holdings, Coterra Energy, LSEG . Revenue, Management Locations: Guyana

☆ Jim Cramer's top 10 things to watch in Friday's rough stock market
▼ + stars: | 2024-08-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Club stocks Broadcom was down and Advanced Micro Devices was actually up. Sign up for my Top 10 Morning Thoughts on the Market email newsletter for free (See here for a full list of the stocks at Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Apple, Hess, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Amazon, Intel, Apple, Nvidia, Broadcom, Devices, Coterra Energy, Exxon, Club, Natural Resources, Chevron, Revenue, Jim Cramer's Charitable, CNBC Locations: U.S, Central, Guyana, Texas, California

☆ Chevron earnings miss on lower refining margins, relocates headquarters to Houston
▼ + stars: | 2024-08-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Chevron missed second-quarter earnings expectations, hurt by lower refining margins. When adjusting for $243 million in foreign currency impacts, Chevron booked adjusted earnings of $2.55 per share. Profits for international production fell about 30% to $2.3 billion compared with $3.29 billion in the year-ago period due to lower sales and natural gas prices as well a negative foreign currency impacts. International refining profits fell 25% to $317 million, compared with $426 million in the same quarter last year. Chevron shares closed nearly 5% lower Thursday and Hess stock fell nearly 8%.

Persons: Mike Wirth, Chevron's, Hess Organizations: Chevron, LSEG Locations: Orlando, San Ramon , California, Houston , Texas, Houston, U.S, Guyana

☆ Exxon earnings beat as production in Guyana and Permian sets a record
▼ + stars: | 2024-08-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, as the company achieved record production in Guyana and the Permian Basin. Exxon shares rose more than 1% before the market opened. Revenue rose to $93.06 billion from $82.91 billion a year ago, which was enough to top analysts estimates of $90.99 billion, according to LSEG. Production grew by 15%, or 574,000 barrels per day, to 4.4 million barrels per day from the first quarter, driven by records in Guyana and the Permian. Exxon shares have rise nearly 17% since the start of 2024.

Organizations: Exxon Mobil, Washington , D.C, ExxonMobil, Exxon, LSEG, Natural Resources Locations: Washington ,, Guyana, Capital

☆ Olympic triathlon goes ahead after officials give the green light over Seine water quality
▼ + stars: | 2024-07-31 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

Paris CNN —The triathlon competitions are up and running in Paris on Wednesday after concerns over water quality in the River Seine caused the men’s race to be postponed a day earlier. More rain came into Paris overnight but World Triathlon and Paris 2024 determined the water quality was sufficient to move ahead for both the women’s and men’s races. Rains impacting water qualityHeavy rains battered Paris over the weekend, drenching Friday’s opening ceremony and raising concerns about water quality in the river, which usually declines after rainfall. But the water quality can change fast. That’s double the level needed for “good” water quality, as per World Triathlon standards.

Persons: Météo, ”, Vittoria Lopes, Cassandre Beaugrand, drenching, Paris Mayor Anne Hidalgo, –, CNN’s, De La Fuente, Kevin Dotson, Chris Liakos Organizations: Paris CNN, Paris, Triathlon, Medical, City of, Training, Games, Paris Mayor, CNN, CFU, Palais Locations: Paris, Météo France, City, City of Paris, Prefecture, France, Brazil, Seine, Austerlitz, Alexandra

☆ River Seine: Water quality worries as triathlon training canceled again
▼ + stars: | 2024-07-29 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

Paris CNN —The rain that drenched Friday’s opening ceremony may have moved out of Paris, but its effects are still being felt in the River Seine, with water quality concerns throwing the triathlon competition into uncertainty. Training was canceled for a second straight day on Monday after water quality testing deemed the water unsafe for athletes. “Given the weather forecast for the next 36 hours, Paris 2024 and World Triathlon are confident that water quality will return to below limits before the start of the triathlon competitions on July 30,” a joint statement from Paris 2024 and World Triathlon said. But the water quality can change fast. That’s double the level needed for “good” water quality, as per World Triathlon standards.

Persons: “, ”, Paris Mayor Anne Hidalgo, –, Saskya Vandoorne, Billy Stockwell, Julen Chavin, Amy Woodyatt, Joseph Ataman, Samantha Tapfumaneyi Organizations: Paris CNN, Training, Games, Paris, Paris Mayor, CNN, CFU, Palais Locations: Paris, Seine, Meteo, France, Austerlitz, Alexandra

☆ Top Wall Street analysts suggest these dividend stocks for enhanced returns
▼ + stars: | 2024-07-28 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Investors seeking solid dividend payers can rely on top-ranked Wall Street analysts, who make recommendations after thoroughly analyzing a company's ability to generate solid financials and deliver strong returns. Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. WES offers a high dividend yield of 8.8%. Hanold expects Q2 2024 shareholder returns to comprise a fixed dividend of 90 cents a share and a variable dividend of $1.25 per share, with no stock buybacks. KO offers a dividend yield of about 2.9%.

Persons: Wall, WES, Gabriel Moreen, Moreen, TipRanks, FANG, Scott Hanold, KO, Nik Modi, Modi Organizations: Wall Street, Western, Western Midstream Partners, Mizuho, MLP, Diamondback Energy, Endeavor Energy, RBC Capital, Diamondback, Cola Locations: Texas , New Mexico , Colorado , Utah, Wyoming, West Texas, Philippines, India

☆ Park Fire in California burns nearly 125,000 acres as Oregon firefighters battle nation’s largest active fire
▼ + stars: | 2024-07-26 | by ( Dalia Faheid | ) edition.cnn.com time to read: +9 min

The largest active wildfire in the US has scorched more than 280,000 acres in eastern Oregon and another blaze has exploded to nearly 125,000 acres in California. • Park Fire explodes in size: By Thursday morning, the wildfire had burned an average of nearly 50 football fields per minute since starting Wednesday afternoon. • Firefighters battle massive Oregon fire: The Durkee Fire, which has burned an area larger than the city of Indianapolis, started on July 17 near the Oregon-Idaho state line. • Oregon wildfire destroys buildings: Three people were injured and two homes and 12 other structures were destroyed as the fire spread, according to the Oregon Department of Emergency Management. In this image provided by the Oregon Department of Transportation, shows an area burned by the Durkee fire near Interstate 84 close to Huntington, Oregon, on July 23, 2024.

Persons: Tina Kotek, Justin Trudeau, ” Julia Yarbough, Yarbough, Ronnie Dean Stout, Mike Ramsey, “, ” Stout, Ramsey, Stout, CNN Stout, Noah Berger, ’, Danielle Smith, Mike Ellis, ” Ellis, ” Smith, Jasper, Richard Ireland, ” Organizations: CNN, Western, Cal Fire, • Firefighters, Oregon -, Oregon Department of Emergency Management, Oregon Gov, National Guard, Northern Rockies, National Interagency Fire Center, Oregon Department of Transportation, KOVR, DA, “, ’ ”, ”, Public Safety, Emergency, Jasper National, Facebook Locations: Western United States, Canada, Oregon, California, Atlanta, Butte County, Indianapolis, Oregon - Idaho, Baker County, Boise, Colorado , Idaho , Oregon, Washington, Jasper, Alberta, Western, Northwest, Huntington , Oregon, Chico, Butte, Bidwell, Butte County , California, ’ ” Alberta, “, ” Alberta, ” Ireland

☆ Will the Seine be ready for Olympic swimming? With dry weather and a little luck
▼ + stars: | 2024-07-26 | by ( David Aldridge | ) www.nytimes.com time to read: +12 min

Being a veteran world-class swimmer — and cyclist, and runner — Taylor Spivey has dealt with worse than Paris’ River Seine. (Bertrand Guay / AFP via Getty Images)Standards for water quality differ in Europe than in the United States. “And that can be associated, on one hand, with the clement weather, dry weather. A month ago, we, basically, we hadn’t had yet a single day where the water quality had been acceptable for the whole year. Right now, probably, today, I would go swim.”GO DEEPER Team USA has owned the Olympic swimming pool — is that about to change in Paris?

Persons: —, — Taylor Spivey, “ I’ve, Spivey, She’s, she’s, ”, “, It’s, there’s, Taylor Spivey, Bertrand Guay, Anne Hidalgo, Victoria, Hans Lucas, we’ve, Dan Angelescu, ” Angelescu, clement, ” Spivey, Angelescu, wouldn’t, hadn’t, Dan Goldfarb, Sina Organizations: Athletic, United, Super, USA Lifesaving International, U.S, Tokyo Olympic, Games, Olympic, Getty, Paris, Eau de Paris, Olympians, Boston, New, Canadian Broadcasting Corporation, USA Locations: Paris, United States, Los Angeles, Tokyo, Seine, American, swimmable, —, AFP, Europe, U.S, Austerlitz, Victoria Valdivia, Philadelphia, Chicago, New York City, ”

☆ Yellowstone’s popular Biscuit Basin is closed for the summer after hydrothermal explosion
▼ + stars: | 2024-07-25 | by ( Amanda Musa | ) edition.cnn.com time to read: +4 min

Biscuit Basin – located about 2 miles northwest of the famed Old Faithful geyser in Wyoming – was shuttered for the rest of the summer out of concern for visitor safety, according to park officials. This map shows the major thermal features in Biscuit Basin at Yellowstone National Park. Officials say Grand Loop Road, which surrounds Biscuit Basin and other notable sites in the park, remains open to vehicles. Biscuit Basin and other popular geysers have experienced similar explosions in the past, officials said. Additionally, a small hydrothermal explosion occurred from Wall Pool, in Biscuit Basin, in 2009, according to officials.

Persons: “, CNN’s Jamiel Lynch Organizations: CNN, Yellowstone, National Park Service, Geological Survey, Google, Survey, ” Geologists, Porcelain Locations: Wyoming, Sand, Norris, Porcelain Terrace, Wall, Yellowstone

☆ The US will be an oil production powerhouse through at least 2026, Goldman Sachs says
▼ + stars: | 2024-07-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

US oil production will be "robust" for at least the next 18 months, Goldman Sachs said. AdvertisementAmerica's oil production boom will last for at least the next 18 months, according to Goldman Sachs. Analysts said they expect oil production in the Permian Basin to remain strong through the end of 2026, despite crude oil production slowing slightly from its rapid pace in 2023. Oil production will keep growing, just at a slower clip in the coming years, the bank said. Oil prices have risen this year as markets took in supply cuts from OPEC+ and escalating geopolitical tension in the Middle East.

Persons: Goldman Sachs, —, Yulia Grigsby Organizations: Service, Analysts, US, US Energy Information Administration, West Texas, Goldman Sachs Research, International Energy Agency Locations: —, East

☆ Investors are rotating into small caps, and analysts love these dividend-paying names
▼ + stars: | 2024-07-24 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

These names must offer a dividend yield of at least 3%. The oil and gas company is rated buy or overweight by 83.4% of the analysts covering it, and offers a dividend yield of 4.2%. The stock is up close to 18% this year, and offers a 3% dividend yield. Nearly 74% of analysts rate Patterson-UTI buy or overweight, and consensus price targets suggest 43% upside. Shares are off nearly 8% in 2024, and the stock has a dividend yield of 3.2%.

Persons: Russell, Roth MKM, Piper Sandler, Luke Lemoine, Patterson, Stephen Gengaro, —, Fred Imbert Organizations: Investors, Big Tech, Nvidia, Meta, Nasdaq, Federal, CNBC, New York Stock Exchange, Wall, Oil, Gas, Northern Oil's, SM Energy, Xcel, Northern Oil, Energy Solutions, Street, Atlas Energy, UTI Energy Locations: Uinta, Xcel Resources

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Tesla, Krispy Kreme, Skechers, Amazon, First Solar, Qualcomm and more
▼ + stars: | 2024-07-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley upgrades Skechers to overweight from equal weight and downgrades Under Armour to underweight from equal weight Morgan Stanley said its Skechers channel checks looked promising. "We initiate coverage of LandBridge (LB) with a Buy rating and a $35 price target following its IPO last month." Morgan Stanley reiterates First Solar as overweight Morgan Stanley said First Solar could benefit from a new Trump administration. Morgan Stanley reiterates Amazon as top pick Morgan Stanley said Amazon is its favorite pick ahead of earnings, but that the firm also likes Alphabet and Meta. Morgan Stanley initiates Alumis as overweight Morgan Stanley said it's bullish on shares of the immunology company.

Persons: TD Cowen, Morgan Stanley, Armour, Bernstein, Apple, Guggenheim, Tesla, Baird, it's, Krispy Kreme, Goldman Sachs, Goldman, Trump, Wells, Piper Sandler, Piper, TD Cowen downgrades Darden, Cowen, Oppenheimer Organizations: Procter, Gamble, HSBC, CrowdStrike, Qualcomm, JPMorgan, Goldman, Barclays, Nvidia, Amazon, Microsoft, Citi, Rio Tinto, Deutsche Bank, Aerospace, Deutsche, Farnborough Air, Darden Locations: Rio, Olive, stagnate

☆ Yellowstone National Park closes some areas after hydrothermal explosion
▼ + stars: | 2024-07-23 | by ( Jamiel Lynch | ) edition.cnn.com time to read: +2 min

“Hydrothermal explosions are violent and dramatic events resulting in the rapid ejection of boiling water, steam, mud, and rock fragments,” according to the US Geological Survey. “Porkchop Geyser, in Norris Geyser Basin, experienced an explosion in 1989, and a small event in Norris Geyser Basin was recorded by monitoring equipment on April 15, 2024. Hydrothermal explosions like that of today are not a sign of impending volcanic eruptions, and they are not caused by magma rising towards the surface.”Large hydrothermal explosions occur on an average of every 700 years, the USGS says. “Although large hydrothermal explosions are rare events on a human time scale, the potential for additional future events of the sort in Yellowstone National Park is not insignificant. Based on the occurrence of large hydrothermal explosion events over the past 16,000 years, an explosion large enough to create a 100-(meter)- (328-ft-) wide crater might be expected every few hundred years,” it added.

Persons: ” Organizations: CNN, Geological Survey Locations: Yellowstone, Wyoming, Norris, Norris Geyser

☆ Hydrothermal Explosion at Yellowstone Sends Tourists Racing for Safety
▼ + stars: | 2024-07-23 | by ( Annie Correal | ) www.nytimes.com time to read: +1 min

A hydrothermal explosion sent a towering column of boiling water, mud and rock shooting into the air at Yellowstone National Park in Wyoming on Tuesday morning, destroying a section of boardwalk and sending dozens of tourists running for safety, officials said. The explosion occurred at around 10 a.m. in the Biscuit Basin area of the park. Several tourists captured video of the event, and in some footage an adult can be heard shouting at children to run. Suddenly it became a huge, dark cloud full of rocks,” she said in a phone interview. “It was a huge cloud, it covered the sun.

Persons: ’ Organizations: United States Geological Survey, Vlada Locations: Wyoming

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