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CAPE CANAVERAL, Fla. (AP) — Another private U.S. company took a shot at the moon Thursday, launching a month after a rival’s lunar lander missed its mark and came crashing back. NASA, the main sponsor with experiments on board, is hoping for a successful moon landing next week as it seeks to jumpstart the lunar economy ahead of astronaut missions. SpaceX’s Falcon rocket blasted off in the middle of the night from NASA’s Kennedy Space Center, dispatching Intuitive Machines’ lunar lander on its way to the moon, 230,000 miles (370,000 kilometers) away. If all goes well, a touchdown attempt would occur Feb. 22, after a day in lunar orbit. Only five countries — the U.S., Russia, China, India and Japan — have scored a lunar landing and no private business has yet done so.
Persons: NASA’s, Japan —, Steve Altemus, Astrobotic, Gene Cernan, Harrison Schmitt, let’s, Trent Martin, Jeff Koons, Embry Organizations: NASA, NASA’s Kennedy Space Center, Pacific, Columbia, Riddle, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, U.S, Russia, China, India, Japan, Houston, Antarctica, Israeli, Tokyo
— Alex Harring 6:46 a.m.: HSBC sees Snowflake pulling back after rally Snowflake's good news has already been priced in with a recent rally, according to HSBC. Analyst Sara Russo upped her price target by $26 to $72, now implying a smaller downside of 43%. — Alex Harring 6:05 a.m.: Macquarie moves to sidelines on Sony There's reasons for pause on Sony , Macquarie warned. Still, the analyst noted the "many" risks to the stock price, including valuation and if the ETFs become a competitor to Coinbase itself. The bank initiated coverage of the medical technology stock with a buy rating and a price target of $100 per share.
Persons: Ulta, Oppenheimer, Rupesh, Parikh, Alex Harring, Snowflake, Stephen Bersey, Bersey, Bernstein, Sara Russo, Russo, — Alex Harring, Skechers, Jesalyn Wong, Wong, Macquarie, Damian Thong, Thong, deconsolidation, Colin Isaac, Eastman, Isaac, EBITDA, Piper Sandler, Harsh Kumar, Kumar, Kenneth Worthington, Worthington, Sezgi Oezener, Taha Kass, Oezener, Fred Imbert Organizations: CNBC, JPMorgan, HSBC, GE Healthcare, ISI, Distributors, Sony, Macquarie, U.S, Eastman, Eastman Chemical, Nvidia, GE Healthcare HSBC, General Electric, Learning, Amazon, Science & Technology Locations: Wednesday's, Sony's U.S, premarket, Coinbase
New York CNN —Target is taking aim at budget-conscious customers with a new value brand with prices for everyday basics that start at less than $1. Most of the items cost less than $10, with the cheapest coming in under $1. The entrance of Dealworthy means a shakeup of two other Target budget-focused brands that it produces: Smartly and Up&Up. The former, which largely focused on household essentials like soap and trash bags, will be discontinued and replaced by Dealworthy items. Up&Up, another affordably priced Target brand, is getting a redesign and will be priced slightly higher than Dealworthy.
Persons: Rick Gomez, ” Neil Saunders, ” Saunders, , Smartly Organizations: New, New York CNN, Target, Walmart, GlobalData, CNN, Locations: New York
But golden tigers — also known as golden tabby tigers or strawberry tigers — are not a subspecies: they’re the result of a genetic mutation that changes the color of their fur. Ramnarayanan spotted the golden tiger, which came within 100 meters of the group, while guiding a safari in the wildlife reserve. The big cat is one of four "golden" tigers in Kaziranga, according to the park's official social media. If Kaziranga’s tiger population becomes more isolated, issues like inbreeding will threaten the population, said Sharma in his post on X. For photographer Ramnarayanan, Kaziranga’s golden tiger was his first sighting of these unusually colored big cats.
Persons: Gaurav Ramnarayanan, Ramnarayanan, “ I’ve, , Uma Ramakrishnan, There’s, , that’s, Gaurav, Mayuresh Hendre, Rabindra Sharma, Sharma, Kota Ullas Organizations: CNN, UNESCO, Heritage, National Center for Biological Sciences, Centre for Wildlife Studies Locations: India’s, Assam, Kaziranga, Mumbai, , India
New York City, its schools and public hospital system announced a lawsuit Wednesday against the tech giants that run Facebook, Instagram, TikTok, Snapchat and YouTube, blaming their “addictive and dangerous” social media platforms for fueling a childhood mental health crisis that is disrupting learning and draining resources. The city spends more than $100 million on youth mental health programs and services each year, Mayor Eric Adams' office said. “Over the past decade, we have seen just how addictive and overwhelming the online world can be, exposing our children to a non-stop stream of harmful content and fueling our national youth mental health crisis,” Adams said. "The allegations in this complaint are simply not true,” said José Castañeda, a spokesman for YouTube parent Google, who said by email that the company has collaborated with youth, mental health and parenting experts. Virtually all U.S. teenagers use social media, and roughly one in six teens describe their use of YouTube and TikTok as “almost constant,” according to the Pew Research Center.
Persons: Eric Adams, ” Adams, , José Castañeda, “ TikTok, , We’ve, Organizations: Facebook, YouTube, of Education, New York, New York City Health, Hospitals Corp, Google, Pew Research Center, Meta, Inc Locations: York City, Court, California, New York, New York City
The suit alleges that Meta , Snap , ByteDance and Google (whose parent company is Alphabet ) knowingly "designed, developed, produced, operated, promoted, distributed, and marketed their platforms to attract, capture, and addict youth, with minimal parental oversight." They claim that New York's school districts and various health and social services have been severely impacted by children who have suffered negative mental health consequences stemming from their use of popular social media apps. "In collaboration with youth, mental health and parenting experts, we've built services and policies to give young people age-appropriate experiences, and parents robust controls." New York's lawsuit echoes similar allegations made against Meta, Snap, TikTok and Alphabet in litigation filed in 2022 in the Northern District of California. Meanwhile, a coalition of over 40 attorneys general filed a joint federal lawsuit against Meta alleging that its products are addictive and harm mental health.
Persons: Eric Adams, Adams, we've, Meta, it's, Snapchat, Mark Zuckerberg, Shou Zi Chew, Evan Spiegel Organizations: York City, Facebook, YouTube, Google, Meta, Northern District of, Social Locations: York, TikTok, U.S, New York, Los Angeles, California, Northern District, Northern District of California
Indonesia's presidential candidate Prabowo Subianto gestures after he cast his ballot to vote in the country's presidential and legislative elections at a polling station in Bogor on February 14, 2024. Indonesians began voting for a new president on February 14 with Defence Minister Prabowo Subianto the frontrunner to lead Southeast Asia's biggest economy despite concerns over his human rights record. Indonesia's Defense Minister Prabowo Subianto, a former army general, appears to have an early unofficial lead in the race to become country's next president, "quick counts" show after voting in the world's third-largest democracy closed on Wednesday. Prabowo appears to have won a simple majority of ballots cast in Wednesday's elections, with some early independent snap counts putting his percentage of the popular vote at nearly 60% — substantively more than what pre-election opinion polls yielded. "It's too early to conclude anything … so we have to wait," Baswedan told CNBC after the early snap counts suggested he was trailing Prabowo.
Persons: Prabowo Subianto, country's, Prabowo, Anies Baswedan, Pranowo, Suharto, Joko Widodo, It's, Baswedan, CNBC's Martin Soong Organizations: Defence, Indonesia's, Former Jakarta, Central Java, Indikator, CNBC Locations: Bogor, Central, Indonesia
CNN —New York City is suing a handful of social media networks, alleging their platforms’ designs exploit young users’ mental health and cost the city $100 million in related health programs and services each year. A growing number of families have sued social media companies, along with US states and municipalities, over the alleged impact on the mental health of their children. The city also released a social media action plan that highlights how it plans to hold social media companies accountable, provide education and support to young people and families, and study the long-term impacts of social media on youth. Last month, Mayor Adams called social media a “public health hazard” and an “environmental toxin” during his State of the City address. The lawsuit also builds on last year’s Surgeon General warning that declared social media a “profound risk of harm” for kids.
Persons: TikTok, Ed Adams, , Meta, Facebook –, “ We’ve, Mayor Adams, Adams, he’s, CNN’s Nic Anderson Organizations: CNN, New, Facebook, YouTube, , New York City, Yorkers, EU’s Digital Service Locations: New York City, New York, , New York, York City
Evercore is moving to the sidelines on Target and Walmart due to potentially weaker consumer spending. Housing costs remain high, the analyst said, which could hurt consumer spending. Shares of Walmart have ticked up roughly 7% from the start of the year, while Target stock has climbed more than 2%. Evercore maintains an in line rating on Target stock with a $156 per share price target, or about 7% upside. On Walmart, Evercore is standing by an outperform rating with a $182 per share price target, which represents roughly 8% upside.
Persons: Evercore's cautiousness, Greg Melich, Melich, Evercore, — CNBC's Michael Bloom Organizations: Target, Walmart, Evercore
Read previewI've been on 110 cruises in the past few decades, and I've learned some of the best ways to get a great deal before and during a trip. Here are some of my best tips for saving money on a cruise. Drink packages aren't always worth the cost on cruise ships. Many people book excursions through the cruise line because the ship must wait for individuals on its excursions to return. Also consider skipping the onboard spa — I've found many services at sea can cost double what they might on land.
Persons: , I've, Artur Widak, Salvador Aznar, Shutterstock Organizations: Service, Business, Royal, Cruises Locations: Alaska, Royal Caribbean
Maine Mass Shooting Commission Gets Subpoena Power
  + stars: | 2024-02-13 | by ( Associated Press | Feb. | At P.M. | ) www.usnews.com   time to read: +2 min
AUGUSTA, Maine (AP) — The independent commission investigating the deadliest shooting in Maine history was granted subpoena power to compel witnesses to testify or produce documents Tuesday. The commission said it's pleased that the Army will make individuals available to testify, a spokesperson said. Evidence of Card's mental health struggles had surfaced months before the shooting. In May, relatives warned police that Card had grown paranoid, and they expressed concern about his access to guns. Then in September, a fellow reservist warned of a mass shooting.
Persons: Robert Card, it's, Army didn't, Kevin Kelley, Card, Card's Organizations: Army, , Card, Police Locations: AUGUSTA, Maine, Lewiston, West Point , New York, Bowdoin
NASA's Scientific Visualization StudioTens to hundreds of millions of people across the US will get to experience a partial solar eclipse on April 8. Scout your spot — then have a backupClouds can block out and ruin the experience of a total solar eclipse. Laurie Ambrose/Getty ImagesThe most important factor for great eclipse photos is something we can’t control: the weather. Consider renting equipmentYou can see the solar corona as thin white whisps jutting out from the moon's shadow in this photo of a total solar eclipse. Enjoy itThis year's total solar eclipse is a once-in-a-lifetime event for some.
Persons: , ” astrophotographer Jon Carmichael, what's, Carmichael, Andrew Studer, you’re, “ It’s, Laurie Ambrose, Getty, Jon Carmichael, Studer, PhotoPills, Doug Duncan, Jon Carmichael It’s, ” Carmichael, Manfred Gottschalk, you’ve, It’s, ” Studer, Thomson, Jon Carmichael Carmichael’s, keng cheong, Sean Gallup Organizations: Service, Business, National Geographic, BBC, Great, Hubble Space, Thomson Reuters, Getty Locations: Texas, Maine
President Joe Biden's reelection campaign launched an official TikTok account Sunday evening. The account is noteworthy because TikTok is currently banned on most U.S. government-issued devices. The TikTok account, with the handle "@bidenhq," debuted Sunday during Lunar New Year celebrations in China and Super Bowl 58 in the U.S. Biden campaign advisors told NBC News the TikTok account is part of an effort to meet voters where they are. The Biden White House has carried on a love-hate relationship with TikTok since Biden took office.
Persons: Joe Biden, John F, Joe Biden's, TikTok, Biden, Shou Zi Chew, Jeffrey Yass, ratcheted Organizations: Kennedy International Airport, Super, China, Harvard Business School, TikTok's, Susquehanna International Group, Billionaire, U.S, NBC, Pew Research, Biden White Locations: New York City, U.S, China
They maintain a modest budget by renting out their home, spending less, and embracing slow travel. We've since traveled across Europe, Mexico, French Polynesia, and most of the southern United States, all on a modest budget. AdvertisementAuthor and her husband both left teaching and are fulfilling their lifelong travel dreams. We've found that balancing frugal living and quality of life is key to living out our worldschooling dreams while maintaining financial stability. By living out my travel dreams, I'm showing my children, especially my daughter, that your dreams shouldn't die when you become a mom.
Persons: Beth McCarter, , I'm, that's, I'd, we're, We've, I've, isn't, COVID, worldschooling, Worldschooling isn't Organizations: Service, Travel, Disney, slobbery bulldogs Locations: Tahiti, Europe, Mexico, French Polynesia, United States, Texas, France, Asia
Microsoft CEO Satya Nadella appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. While Microsoft doesn't disclose revenue figures for its Azure cloud infrastructure, analyst figures suggest that five years ago it was half as big as AWS. In total, revenue at Azure increased 30% in the quarter, compared with 13% year-over-year growth at AWS. Microsoft has been adding graphics processing units (GPUs) to its data centers so that clients can run AI models in Azure. "We now have 53,000 Azure AI customers," CEO Satya Nadella told analysts on the company's earnings call.
Persons: Satya Nadella, Amy Hood, Microsoft's, OpenAI's ChatGPT, Jamin Ball, Andy Jassy Organizations: Economic, Amazon, Services, Microsoft, OpenAI, GPT, AWS Locations: Davos, Switzerland, Anthropic
Jim Pillen reversed course on Monday and announced that the state will accept roughly $18 million in federal funding to help feed hungry children over the summer break. “They talked about being hungry, and they talked about the summer USDA program and, depending upon access, when they'd get a sack of food,” Pillen said. A bill from state Sen. Jen Day of Omaha, a Democrat in the officially nonpartisan Legislature, would have forced the state to accept the federal funding. Kim Reynolds criticized the federal food program as doing “nothing to promote nutrition at a time when childhood obesity has become an epidemic." Pillen said Monday that Nebraska officials had already reached out to the USDA to confirm that the state would participate this year.
Persons: LINCOLN, Jim Pillen, Pillen, , they'd, ” Pillen, , , Sen, Jen, Ray Aguilar, Aguilar, Kim Reynolds, Reynolds, State Sen, Megan Hunt, ” Hunt Organizations: , — Nebraska Gov, U.S . Department of Agriculture, Capitol, SNAP, Summer Food Service, Democrat, Republican, Nebraska, State, USDA Locations: Neb, — Nebraska, Nebraska, Pillen's, Omaha, Grand, Iowa
Read previewI've lived in London for nearly two years and have been visiting the capital city for even longer. The food scene is pretty diverse, and London has a reputation for having chain restaurants and upscale dining experiences, like the Ritz and after-the-theater restaurants around Covent Garden. But recently, I dined at quite the hidden gem: The Clink Restaurant inside Brixton Prison. Entering the prison reminded me of going through airport securityWe had to go through security before entering the restaurant. The restaurant is located in the center of the prison courtyardThe Clink is housed in a converted governor's house that dates back to 1819.
Persons: , Eibhlis Gale, Coleman, I've, JUSTIN TALLIS, Granny Smith, I'd, frazzled Organizations: Service, Ritz, Business, Getty Locations: London, Covent, Brixton, It's, Yorkshire
Frustrated by falling pay and intensifying competition on delivery apps, some gig workers are turning to "bots" — apps and other programs that claim to help them optimize their earnings. AdvertisementBots can "negatively impact other drivers"Using a bot violates the delivery apps' terms for workers, the companies told Business Insider. One called "Spark Ninjas" supposedly captures orders automatically on Walmart's Spark delivery platform. Bots appear to be just one way that some gig workers are improving their earnings. Do you work for a gig delivery app like Instacart, DoorDash, or Walmart Spark and have a story idea to share?
Persons: , I'm, DoorDash, Para, illicitly, Sharell, Barshishat, there's, Spark Organizations: Service, DoorDash, Business, Indiana, Uber, New York Times, Walmart, Nike, Facebook, BI Locations: Indiana, DoorDash, Para, Texas
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We have our buy-equivalent 1 rating on TJX stock. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, BURL, ROST, TJX, Estee Lauder, Fabrizio Freda, Jim, we'll, I'm, Cramer, Jim Cramer's Organizations: CNBC, Bank of America, Ross Stores, TJX, Marshalls, Nvidia, Club, Broadcom, Marvell, Pepsi, PepsiCo, L'Oreal, Dow, Cisco Systems, Materials, Molson Coors, MGM Resorts, Cisco, Reuters, Jim Cramer's Charitable Locations: We're, Burlington, Maxx
CNBC's Jim Cramer on Friday said investors should look into buying stock of Enphase , which soared this week even after reporting a poor fourth quarter that missed Wall Street's expectations. Cramer said he was encouraged by Enphase's outlook, as management predicted a bottom followed by a rebound for the solar industry, which has suffered in a high interest rate environment. Enphase is emblematic of the solar industry as a whole, Cramer said, adding that the Fed's relentless rate hikes slowed sales, leading to an inventory glut. To Cramer, Enphase looks like a "destocking" story, meaning the company has had to burn through excess inventory. "With Enphase, the stock already caught fire this week, but we're three to six months out from the moments where the numbers start genuinely improving, which means it's not too late to buy Enphase," he said.
Persons: CNBC's Jim Cramer, Friday's, Cramer, we're, Enphase
The dominant global designer and supplier of AI chips aims to capture a portion of an exploding market for custom AI chips and to protect itself from the growing number of companies interested in finding alternatives to its products. Nvidia officials have met with representatives from Amazon.com , Meta, Microsoft, Google and OpenAI to discuss making custom chips for them, according to two sources familiar with the meetings. $30 billion marketAccording to estimates from research firm 650 Group's Alan Weckel, the data center custom chip market will grow to as much as $10 billion this year, and double that in 2025. The broader custom chip market was worth roughly $30 billion in 2023, which amounts to roughly 5% of annual global chip sales, according to Needham analyst Charles Shi. "With Broadcom's custom silicon business touching $10 billion, and Marvell's around $2 billion, this is a real threat," said Dylan Patel, founder of the silicon research group SemiAnalysis.
Persons: OpenAI, Greg Reichow, Meta, Dina McKinney, Alan Weckel, Charles Shi, Dylan Patel Organizations: Nvidia, Microsoft, Broadcom, Marvell Technology, Eclipse Ventures, Amazon.com, Meta, Google, Reuters, Devices, Marvell, Taiwan Semiconductor Manufacturing Locations: Krakow, Poland, Santa Clara , California
CNN —Two decades ago, the photographer David LaChapelle staged apocalyptic scenes for the pages of “Vogue Italia” — images that proved so controversial that they nearly became his final editorial shoot. The Vogue Italia editorial was photographed before Hurricane Katrina, but published shortly after the natural disaster. “Some people thought that they (the photographs) were exploitive of Katrina,” LaChapelle said; among the glamorized ruins and designer shoes showcased, one image in particular featured models handing off sandbags. Now, though, “The House at the End of the World,” has become an important touchstone in LaChapelle’s portfolio. The end of the world will not be glamorous, but the urgency of his work has come to pass.
Persons: David LaChapelle, Heather Marks, she’s, Viktor, Rolf duvet, LaChapelle, , ” LaChapelle, Hurricane, , , Jesus, he’s, Travis Scott, “ It’s Organizations: CNN, Vogue, Universal Studios Locations: Florida, Gulf of Mexico, Florida’s, Louisiana, Gulf, Maui, New York
Ralph Lauren posted earnings of $4.17 per share, while analysts surveyed by LSEG expected earnings of $3.54 per share. PayPal said it anticipates full-year earnings of $5.10 per share, short of the $5.48 per share analysts expected, according to LSEG. S & P Global — Shares dipped 5% following a fourth-quarter earnings miss and disappointing full-year guidance from the financial analytics firm. On the other hand, the company's fourth-quarter revenue of $3.15 billion beat the $3.13 billion analysts had anticipated. Zimmer Biomet — The stock slid 5%, despite the medical device firm posting a fourth-quarter earnings and revenue beat.
Persons: Walt Disney, Ralph Lauren —, Ralph Lauren, Hershey's, FactSet, Kate Spade, Stuart Weitzman, LSEG, Masco, Kellanova, Zimmer Biomet, Johnson, — CNBC's Michelle Fox, Hakyung Kim, Tanaya Macheel, Pia Singh Organizations: PayPal, Arm Holdings —, Hershey —, Intercontinental Exchange, Wynn, P Global, Johnson, LSEG
Keila Misdom, a TikTok influencer and exotic dancer, was born and raised in Las Vegas and has worked as a stripper in the city for eight years. Not venturing away from the Las Vegas StripThe Bellagio Hotel's nightly water fountain show is seen among the lights of other casinos on the Las Vegas strip. George Rose/Getty ImagesThe nearly 4-1/2-mile-long Las Vegas Strip is often the first place that tourists head to due to its many hotels, bars, restaurants, and attractions. Buying full-price tickets for a showFrom artist residencies to the iconic Cirque du Soleil performances, there are plenty of shows to see in Las Vegas. Here, patrons can order drinks and admire the sweeping views of Las Vegas without a 30-minute time restriction.
Persons: , Keila, she's, George Rose, Misdom, Kobby Dagan Organizations: Service, Business, Las Vegas, Park MGM, Bellagio, Las, Bazaar, Fremont Locations: Vegas , Nevada, Las Vegas, Vegas, Fremont, Downtown, Casino Royale, It's
Pinterest shares plummeted in extended trading on Thursday after the company issued a weaker-than-expected forecast and missed on revenue. Revenue : $981 million vs. $991 million expected, according to LSEG, formerly known as Refinitiv. : $981 million vs. $991 million expected, according to LSEG, formerly known as Refinitiv. Earnings: 53 cents per share, adjusted, vs. 51 cents per share expected, according to LSEG. Prior to Thursday's report, Pinterest shares were up 9.5% this year after surging 53% in 2023.
Persons: Pinterest, Bill Ready, Evan Spiegel Organizations: Revenue, Google Locations: Toronto , Ontario, Canada, LSEG, Ukraine
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