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Asian chip stocks fell on Wednesday after Dutch semiconductor equipment maker ASML posted disappointing sales forecasts, driving down global stocks in the sector. South Korean chipmaking heavyweight SK Hynix, which manufactures high bandwidth memory chips for AI applications for Nvidia, traded 1.6% lower. Net bookings for the September quarter were 2.6 billion euros ($2.83 billion), the company said — well below the 5.6 billion euro LSEG consensus estimate. Nvidia fell 4.7% and AMD lost 5.2%. In its June-quarter earnings presentation, ASML said that 49% of its sales come from China.
Persons: ASML, Foxconn —, Roger Dassen, — Ryan Browne Organizations: Tokyo, Renesas Electronics, Taiwan Semiconductor Manufacturing Company, Hai Precision Industry, SK Hynix, Nvidia, Samsung Electronics, Nikkei, AMD, Bloomberg, Biden Locations: Korean, Taiwan, ASML, Veldhoven, Netherlands, China
Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Broadcom: Of course, we love the company's AI business — both its custom silicon solutions for companies such as Alphabet and its networking chips that help stitch data centers together. Stanley Black & Decker: Jim said that this stock is the "most significant beneficiary" from lower rates in the entire portfolio. 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.
Persons: Jim Cramer's, Jim, there's, Lisa Su, Wells, Salesforce, CrowdStrike, it's, we've, Walt Disney, , Eaton, we're, Kamala Harris, Harris, Jim's, Linde, Eli Lilly, Lilly isn't, That's, Morgan Stanley, Goldman Sachs, D.A, Satya Nadella's, Palo, cybersecurity, Brian Niccol, We're, Stanley Black, Decker, TJX, Charlie Scharf, Wells Fargo's, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple Intelligence, Abbott Laboratories, Devices, AMD, Nvidia, Broadcom, Apple, Federal Reserve, Costco Wholesale, Costco, Coterra, DuPont, Disney, ESPN, GE Healthcare, Democratic, Biden, Honeywell, Linde, Adobe, Microsoft, Davidson, Palo Alto Networks, Constellation Brands, Modelo, Corona, TJX, Jim Cramer's Charitable, New York Stock Exchange, AFP, Getty Locations: Wells Fargo, BlackRock, Dover, Eaton, China, U.S, Chipotle, New York City
This robot amputates its own limbs to survive
  + stars: | 2024-10-15 | by ( Amy Gunia | ) edition.cnn.com   time to read: +4 min
Yale’s gecko-inspired robot’s ability to reconfigure itself creates a soft robot that’s even more adaptable. Tan, who works on materials for soft electronics and soft robotics, says that Yale’s robot is the first self-amputating, self-reconfigurable soft robot she’s seen. “What if a soft robot is just minding its own business walking in the wild, but then some part of it is trapped under a rock?” he questioned. “How does the rest of the robot continue on to finish its mission?”Three soft robot modules join to cross a gap that’s too wide for one to bridge on its own. “We can now adapt soft robots … after the robot is underway for its tasks,” he said.
Persons: Bilige Yang, , Yu Jun Tan, Tan, Yang, Yale University Yang Organizations: CNN, Yale University, Yale, Department of Mechanical Engineering, Materials Science, Materials, National University of Singapore, NUS Locations: Connecticut
Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave. Stocks tied to Nvidia suppliers as well as other chip companies advanced as the bullish investor sentiment spilled over. Shares of South Korean chipmaker SK Hynix, which manufacturers high bandwidth memory chips for AI applications, for Nvidia surged 2.5%. Samsung Electronics, which is expected to be manufacturing HBM chips for some Nvidia products, saw its shares rise 0.5%. Japanese semiconductor manufacturing firm Tokyo Electron surged 5%, testing equipment supplier Advantest gained 3.6% and Renesas Electronics rose over 4%.
Persons: Stocks Organizations: Nvidia, Korean chipmaker SK Hynix, Samsung Electronics, Taiwan Semiconductor Manufacturing Company, Hai Precision Industry, Tokyo, Advantest, Renesas Electronics, SoftBank Group
Lizza, Politico’s chief Washington correspondent, said Nuzzi told him details about the relationship after he broke off their engagement in August. Lizza told the court in filings CNN obtained that he did not threaten Nuzzi, hack her electronics, or stalk her — all of which she had accused him of doing in previous court filings. “Almost everything I know about her affair comes directly from Ms. Nuzzi herself,” Lizza wrote. An unnamed counsel for Nuzzi said in a statement that Lizza is still attempting to “harass and humiliate” Nuzzi. “From July 1 to mid-August, Ms. Nuzzi and I were in what she led me to believe was a monogamous, committed and loving relationship.
Persons: Ryan Lizza, Olivia Nuzzi, Robert F, Kennedy Jr, Lizza, Kennedy, impregnate, Nuzzi, — recasts Kennedy, Kennedy didn’t, ” Lizza, Robert Barnett, ” Nuzzi, Nuzzi’s, , Kennedy dalliance, , Hadas Gold Organizations: Washington CNN —, DC’s, Washington, CNN, New York Locations: Lizza, Washington, New York
In 2015, Davidson settled down in Panama City, working as a technical support manager. He met his wife in Panama, and the two bought a $150,000 home and now raise their children in the capital. Beaches near Coronado, Panama City. Living for cheaper in Central AmericaHe met his wife in Panama, and they had two children. Mac DavidsonHe said average home prices in Panama City are often half what he saw in Manitoba's cities, which were about $400,000 when he checked earlier this year.
Persons: Mac Davidson, Davidson, , It's, Panama Davidson, he's, He's Organizations: Service, University of Manitoba, Friendly Nations, Nissan Locations: Canada, Panama, Manitoba, Panama City, Coronado , Panama City, Florida, American, Central America, Ancon, Manitoba's, Vancouver, North America
Shares hit an all-time high Tuesday despite a chorus of recent concerns from Wall Street analysts about demand for the new artificial intelligence-enabled iPhone 16. Apple Intelligence is the company's new suite of generative artificial intelligence tools due out later this month. Available for preorder now, the tablet has a processor capable of supporting Apple Intelligence. Big picture The IDC data comes as many on Wall Street express skepticism around sales for the new iPhone 16 lineup. Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California.
Persons: Morgan Stanley, Apple's, Popal, swoon, Jim Cramer, Jim, Jim Cramer's, Tim Cook, Justin Sullivan Organizations: Apple, Wall Street, International Data Corporation, IDC, Samsung, Apple Intelligence, JPMorgan, Barclays, Bank of America, Club, Nvidia, U.S, CNBC Locations: U.S, Cupertino , California
After jury selection this week in the Allen County seat of Fort Wayne, the trial will continue in Carroll County and could last about a month as jurors are sequestered. Gull has prohibited video or audio from inside the courtroom and banned the use of electronics. Allen, who has remained incarcerated while awaiting trial, faces two counts of murder and two counts of felony murder in the teens’ deaths. Doug Carter of the Indiana State Police provides an update on the Delphi murders investigation on April 22, 2019, in Delphi, Ind. Going there would help in “observing and feeling the unique topography of the land; something that cannot be understood from photographs and video,” defense lawyers wrote in their motion.
Persons: Indiana, Abigail “ Abby ” Williams, Liberty “ Libby ”, Richard Allen, Abby, Libby, Rick, Allen, Frances Gull, Carroll, Doug Carter, Nikos Frazier, , , Prosecutors, Andrew Baldwin, Bradley Rozzi, won’t, Gull, Nick McLeland, Alex Martin, Bongo, Mike Patty, We’re Organizations: Liberty, Delphi, Delphi Community Middle School, Indiana State Police, Ind, Journal, Courier, USA, Police, Defense, Prosecutors Locations: Indianapolis, Caroll County, Allen County, Allen, Fort Wayne, Carroll County, Delphi, ” Carroll, Carroll, Ind
For decades, an icy moon of Jupiter has been considered one of the most promising places to search for extraterrestrial life in the solar system. As early as midday Monday, NASA plans to launch a new robotic mission to Jupiter. Dubbed Europa Clipper, the probe is the largest spacecraft it has ever built for a planetary science mission. Assuming the launch does not face any further delays, Europa Clipper is scheduled to lift off at 12:06 p.m. A mosaic image of Jupiter's moon Europa, obtained by the camera onboard NASA's Galileo spacecraft on Nov. 25, 1999.
Persons: NASA’s, Hurricane Milton, , Jordan Evans, Bonnie Buratti, “ We’re, ” Buratti, “ We’ll, , we’ll, ” Evans, Galileo Galilei, Buratti, “ I’ve, I’m Organizations: NASA, Clipper, SpaceX, NASA’s Kennedy Space Center, Kennedy Space, Jet Propulsion Laboratory, Europa, NASA Europa Clipper, Cornell University Locations: Europa, Florida, Hurricane, Florida’s, Siesta, Italian
NASA’s Europa Clipper spacecraft — designed to explore its namesake, Jupiter’s moon Europa — is expected to launch aboard a SpaceX Falcon Heavy rocket Monday at 12:06 p.m. If Europa Clipper doesn’t take off Monday, there are launch opportunities through November 6. NASA's Europa Clipper spacecraft carries a special message from humanity onboard. There was no harder year than this one to get Europa Clipper over the finish line, said Curt Niebur, Europa Clipper program scientist. That’s what’s waiting us at Europa.”The Europa Clipper spacecraft is seen atop a SpaceX Falcon Heavy rocket at NASA's Kennedy Space Center on October 13.
Persons: Mike McAleenan, Tim Dunn, Hurricane Milton, , Robert Pappalardo, Ada Limón, Curt Niebur, ” Niebur, “ It’s, we’ve, That’s, Haje Korth, ” Korth, ” Pappalardo Organizations: CNN, Clipper, SpaceX, NASA’s Kennedy Space Center, 45th Weather Squadron, US Space Force, NASA’s, Hurricane, Europa Clipper, Jet Propulsion Laboratory, US, NASA, JPL, Caltech, Kennedy Space Center, European Space Agency, Europa, Johns Hopkins, Physics Laboratory Locations: Florida, Pasadena , California, Europa
Zack and Annie moved from California to Scotland with their three young kids earlier this year. Now, they have a better work-life balance and spend more time outdoors with their kids. After a decade of living in California, Zach and Annie decided to move to Scotland with their three kids. Zach and Annie/Simple Scottish LivingLife in Scotland is slower compared to California, in part due to a better work-life balance. "Until maybe when the winter comes, we're trying to keep them away from that as much as possible and make the most of what's around us outdoors," Annie said.
Persons: Zack, Annie, , Zach, they've, We're, there's, It's, we're Organizations: Service, Monmouth University, Gallup, Patrol, Johns Hopkins Center for Gun Violence Solutions Locations: California, Scotland
After a decadeslong career as a graphic designer, I decided to pursue a teaching career at 60. I remember my first day walking up to the entrance of my training school as clear as day. During teacher training, a staff member is there to mentor and take you under their wing. I may make less, but teaching has been extremely rewardingI finished my teacher training and graduated with my PGCE in 2022. Financially, I make less as a teacher than in my professional graphic design career.
Persons: Stuart Fuller, , I've, I'd, hadn't, There's Organizations: Service, Saatchi, Saatchi & Saatchi, Royal Air Force, Google Locations: London, Cambridge, England, Loughton , England
However, prices for many physical goods have deflated as supply-and-demand dynamics return to normal following pandemic-era contortions. "Outside of goods prices, I don't think we'll see price cuts," said Mark Zandi, chief economist at Moody's. That served to weaken demand, which also pushed down prices, economists said. Outside of supply-demand dynamics, the U.S. dollar's strength relative to other global currencies has also helped rein in prices for imported goods, economists said. Energy, food and consumer electronicsOutside of imported goods, consumers may also see a "normalization" of prices in food and energy, Zandi said.
Persons: Jeff Greenberg, Mark Zandi, Zandi, women's outerwear, Sarah House Organizations: Universal, Getty, Finance, Social Security, Vehicles, Wells, Wells Fargo Economics ., U.S . Federal, Fed, U.S, Energy Locations: Wells Fargo, U.S
Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on Wednesday. Ratan Tata "was a visionary business leader, a compassionate soul and an extraordinary human being," Indian Prime Minister Narendra Modi said on social media platform X. He founded telecommunications firm Tata Teleservices in 1996 and took IT firm Tata Consultancy Services, the group's cash cow, public in 2004. Tata Motors then acquired British luxury auto brands Jaguar and Land Rover from Ford Motor Co in 2008 for $2.3 billion. The Tata Group said Mistry had failed to turnaround poorly performing businesses while Mistry accused Ratan Tata, who was chairman emeritus of the conglomerate, of interfering and creating an alternate power center at the group.
Persons: Ratan Tata, Ratan, Narendra Modi, Telco, J.R.D, Tata, Tata Teleservices, Tetley, Ratan Tata's, Cyrus Mistry, Shapoorji Pallonji, Mistry, Ola Organizations: Tata Group, Ratan Naval Tata, Cornell University, Tata, Tata Motors Ltd, Tata Steel Ltd, National Radio & Electronics Company, Tata Consultancy Services, Stanford Graduate School of Business, Corus, Tata Motors, Rover, Ford Motor Co, India —, Tata Sons, Urban Company Locations: India, Dutch, Indian
Lawyers for Sean "Diddy" Combs condemned government "leaks" relating to his sex-trafficking case. He seeks "a hearing and other remedies" from what he calls prejudicial leaks by DHS agents. Combs attorneys Marc Agnifilo and Teny Geragos made the allegations in the filing to the federal judge in Manhattan now assigned to the case. Agents deployed "military-style armored vehicles, with scores of heavily armed agents in full combat gear," according to the Combs filing. Wednesday's letter also alerts the judge that the parties intend to discuss on Thursday what federal prosecutors called the "voluminous" evidence in the case.
Persons: Sean, Diddy, Combs, , Marc Agnifilo, Teny Geragos, Mr, Cassie Ventura, Donald Trump's Manhattan, Barron's, Trump, Mitzi Steiner, Steiner, Arun Subramanian, Subramanian, Prosecutors Organizations: DHS, Service, Miami, Department of Homeland Security, Security, Department of Justice's, DOJ, US Attorney's, US, Homeland Security Investigations, New York Post, LA, CNN, Intercontinental Hotel, Office, Ventura Locations: Manhattan, Los Angeles, Miami, Donbas, Brooklyn
Western sanctions have impacted Russia's production of Su-57 fighter jets, according to a research group. AdvertisementWestern sanctions are threatening Russia's production of its prized Su-57 fighter jet, according to a research group. "It's clear that Russia's military industry heavily depends on Western components, particularly in electronics," it said, adding that sanctions have put Russia's Su-57 production "in jeopardy." "There's no question that Western sanctions are having an impact on Russia's ability to generate its most sophisticated military systems," Spurling told BI. Western sanctions and the war in Ukraine have damaged Russia's economy, but their exact impact is difficult to quantify.
Persons: , Russia's Su, Bryden Spurling, Spurling, Su, Justin Bronk, Anders Åslund, Alexandra Prokopenko, Putin, Jay Zagorsky Organizations: Frontelligence, Telegraph, Service, EA, RAND Europe, NATO, UK Ministry of Defence, Royal United Services Institute, Project Syndicate, Carnegie, Carnegie Russia Eurasia Center, Financial, Boston University's Questrom School of Business Locations: Russia, Ukraine, Astrakhan, Swedish, Carnegie Russia
A judge said he'd impose a gag order on the lawyers in Sean "Diddy" Combs' sex-trafficking case. AdvertisementThe judge overseeing Sean "Diddy" Combs' criminal sex-trafficking case said he plans to impose a gag order on its lawyers after a heated courtroom argument over a defense attorney's remarks that the prosecution is "racist." Advertisement"Our investigation is very much ongoing, and there is a possibility that there could be a superseding indictment that could affect the length of the trial," Johnson said. Ahead of trial, Combs has been incarcerated in the Metropolitan Detention Center, a notorious federal jail in Brooklyn. Advertisement"That material is important for our case," Johnson said.
Persons: he'd, Sean, Diddy, Combs, they're, , Arun Subramanian, Marc Agnifilo's, Emily Johnson, Johnson, Agnifilo, baselessly, Damian Williams, Subramanian, he'll, Cassandra Ventura, Ventura, Alexandra Shapiro, Sam Bankman, Anthony Ricco, Anna Estevao, Gloria Allred, Thalia Graves, Allred, Emily Anne Johnson, haven't Organizations: feds, Service, TMZ, Southern, of, Prosecutors, Metropolitan Detention Locations: Manhattan, of New York, Brooklyn, Los Angeles, Combs ' Manhattan, Miami, Florida
Amazon said Wednesday it's testing adding mini warehouses to Whole Foods supermarkets as part of a bid to attract more shoppers to its stores and away from other grocery competitors. Amazon said it's looking to "eliminate those extra trips" made by shoppers to other grocery stores. "Customers shopping at Whole Foods Market today are looking for natural and organic products," Varadarajan said during a presentation on Wednesday. With our micro fulfillment center, we can reduce the need for our customers to visit different stores or make multiple online orders." Amazon has for years angled to gobble up a bigger share of the grocery market.
Persons: Anand Varadarajan, aren't, Varadarajan, It's, Andy Jassy Organizations: Amazon, Foods, Pepsi, Research, Walmart, Kroger, Albertsons Locations: Berkeley , California, Philadelphia, Plymouth, , Pennsylvania, Nashville
(Photo by Joan Cros/NurPhoto via Getty Images)South Korean tech giant Samsung Electronics said it expects worse-than-expected profit for the third quarter. Samsung is the leading manufacturer of memory chips, which are utilized in devices like laptops and servers. Analysts polled by LSEG expected an operating profit of 11.456 trillion Korean won ($7.7 billion) for the quarter ended Sept. 30. Samsung's revenue for the quarter was expected to hit 81.96 trillion won ($61 billion), according to LSEG estimates. DRAM refers to dynamic random access memory chips that are often used in laptops, workstations and PCs.
Persons: Joan Cros, Daniel Yoo, Yoo, LSEG Organizations: Samsung, Mobile, Getty Images, Samsung Electronics, Yuanta Securities, Macquarie Equity Research, Reuters Locations: Barcelona, Spain, Korean, Yuanta Securities Korea, South
The best Amazon Prime Day dealsKeep checking in on our curated deals list below, as we'll be updating it throughout the event with our latest Prime Day picks. Tech and gaming Prime Day dealsThis will be one of the busiest sections of the October Prime Day sale, and some absolute bangers are live already. View at AmazonKitchen Prime Day dealsLooking for a Prime Day pick-me-up? View at AmazonStyle and beauty Prime Day dealsIt's not all high-end electronics on Prime Day. View at AmazonAmazon Prime Day FAQsWhen is Amazon Prime Day?
Persons: We'll, we've, we'd, You'll, Bose, Apple, LG's, 120Hz, HLG, OmniForce, Bissell, Loren, LQ, seltzer, It's, I've, Skip, shams Organizations: Business, Amazon Prime, Deal, Tech, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon, Sony, Apple AirPods, LG, Samsung, Dolby, HLG Smart, Amazon LG, Chatelet Air, Bissell, DELTA, Delta, Barista, REVLON, Revlon, Amazon Braun, Braun
Read the full apology, translated by Google and CNBC, below:Dear customers, investors, and employees who have always loved Samsung Electronics. Today, the management of Samsung Electronics would like to apologize to you first. It is Samsung Electronics' pride that we can never compromise on. Please give us your support and encouragement so that Samsung Electronics can once again demonstrate its strength. Samsung Electronics Vice Chairman Head of Device Solutions Division Jun Young-hyun—CNBC's Chery Kang contributed to this article.
Persons: Jun Young, LSEG, Young, Chery Kang Organizations: Samsung, Solutions, Google, CNBC, Samsung Electronics, Technology, Device
To help answer those questions, NBC News is tracking the online prices of five popular holiday gifts in major categories through the end of the year. If these specific items aren’t on your list, it may be worth keeping an eye on them anyway. Adobe, which tracks e-commerce spending, told NBC News it expects total holiday spending to top $240 billion this year, up 8.4% from last year. Retailers including Target, Walmart and Best Buy are kicking off early holiday sales in the first week of October. Similar deals are expected for the upcoming one this month, making it an opportune time to check on deals.
Persons: Ninja, PwC, , , Vivek Pandya, ” Pandya, Pandya Organizations: NBC, Consumer, Wired, Apple, Apple AirPods, Apparel, Reebok, Amazon, Target, Walmart, Amazon’s, NBC News, Keepa Reebok, Keepa, Adobe, Retailers Locations: Zappos
Emerging markets on the MSCI list include Brazil, China, Greece, India, Indonesia, South Korea, Malaysia, Mexico, the Philippines, Qatar and Thailand. One fund manager, however, is looking outside that list, at an "up and coming emerging market and the next dragon in Asia" — Vietnam. "It's in a sweet spot in terms of economic growth, urbanization, labor market participation and having the right government policy. In spite of its strong growth, Vietnam is still not part of the MSCI Emerging Markets Index. A 'big theme' Mafli is betting on "high growth sectors" and stocks "doing well in underperforming sectors."
Persons: Li Mafli, Eric Sturdza, Mafli —, Mafli Organizations: Eric Sturdza Investments, Vietnam Prosperity, CNBC Pro, General Statistics Office, International Monetary Fund, FTSE, Index, Mobile World Investment, Infrastructure Locations: Brazil, China, Greece, India, Indonesia, South Korea, Malaysia, Mexico, Philippines, Qatar, Thailand, Asia, Vietnam
View at Amazon What we like Check mark icon A check mark. Includes 4K Blu-ray disc drive to play physical games discs and moviesCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: We'll, we've, you'll, I'm, we'd, You'll, Apple, LG's, 120Hz, HLG, vacuums, seltzer, shams, Dyson, OmniForce, Bissell, Loren, LQ, It's, I've, Skip Organizations: Business, Amazon Prime, Deal, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon Samsung, LG, Sony, Samsung, Amazon, Dolby, HLG Smart, Amazon LG, Chatelet Air, Barista, DELTA, Delta, Dyson, Bissell, REVLON, Revlon, Amazon Braun, Braun Locations: Delsey
Wall Street analysts made the wrong call on DuPont, but it may be welcome news for investors looking to buy the stock. DuPont stock, trading around $85 per share Monday, would have to fall at least another 6% to below $80 to interest us. "This stock could have a very good run into 2025 as it becomes clear that the three segments are worth far more than the current price," Jim said. 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, Jim, Jeff Marks, Jeff, Jim Cramer's, Dupont Organizations: DuPont, Monday, Barclays, Club, CNBC, Getty Locations: Wilmington , Delaware
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