DIRS.INFO The most relevant business & tech news

☆ AI boom thrusts Europe between power-hungry data centers and environmental goals
▼ + stars: | 2024-10-29 | by ( April Roach | ) www.cnbc.com time to read: +6 min

Major equipment suppliers in Europe say that U.S. chip designers are calling on them to lower their water temperatures to accommodate the hotter AI chips, according to Herbert Radlinger, managing director at NDC-GARBE. Energy efficiency is high on the European Commission's agenda, as it seeks to reach its goal of reducing energy consumption by 11.7% by 2030. The EU predicted in 2018 that energy consumption of data centers could rise 28% by 2030, but the advent of AI is expected to boost that number two or threefold in some countries. Many of the recent discussions have focused on different ways to source "prime power" for AI data centers and for the potential for more collaboration with utilities, said Steven Carlini, chief advocate of AI and data centers and vice president at Schneider Electric. Liquid cooling will require a "reconfiguration," Gunen explained, adding that new data centers are already coming ready with this technology.

Persons: Goldman Sachs, Andrey Korolenko, Nvidia's Blackwell, we've, Winterson, CNBC Michael Winterson, Michael Winterson, Herbert Radlinger, Steven Carlini, Carlini, Schneider, Meta, Gunen, Equinix Organizations: Luza, CNBC, European Data Center Association, NDC, EU, Energy, Directive, Schneider, Schneider Electric, European, Nvidia, Blackwell Locations: Europe, Brussels, Equinix

☆ Sports betting is the next frontier for Wall Street's smartest quants to conquer
▼ + stars: | 2024-10-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

The space has exploded in the US as dozens of states have legalized online gambling. Just as quant traders have changed equity markets forever, sports betting might be next. AdvertisementThrough the second quarter of this year, online gambling site FanDuel averaged 3.3 million bettors each month. AdvertisementAlready, the smartest Novig users are sanding away the easiest returns. There's demand from Novig users for the exchange to release software that would allow traders to program a bot to trade for them.

Persons: —, Ed Thorp, Jim Simons, Ken Griffin, AQR's Cliff Asness, PDT's Peter Muller, Bill Bentley, Kelechi Ukah, Jacek Dmochowski, Paddy, Dmochowski, Jane, Ukah, sportsbooks Organizations: Service, Renaissance Technologies, MIT, Business, City College of New, Sports, UCLA, Paddy Power, MGM Locations: Dublin, City College of New York, Vegas

☆ Over 90% of AWS's biggest data center customers are now using its homegrown Graviton chips, executive says
▼ + stars: | 2024-10-29 | by ( Eugene Kim | ) www.businessinsider.com time to read: +4 min

AWS's Graviton CPU chips are used by over 90% of its 1,000 largest data center customers. AWS's custom silicon strategy includes AI chips like Inferentia and Trainium. AdvertisementIn 2018, Amazon Web Services launched Graviton, its own line of homegrown central processing unit chips for data center servers. Big enterprises, such as Epic Games, Databricks, and Pinterest, are all major Graviton customers, he said. "We will absolutely continue to drive innovation in custom silicon as we have been doing for the past 10-plus years."

Persons: —, Rahul Kulkarni, Kulkarni, Graviton, James Hamilton, Bernstein, AWS's Kulkarni, Jassy Organizations: Service, Amazon Web Services, Intel, AMD, Epic, Annapurna Labs, Bernstein Research, AWS Locations: Israel

☆ As the housing affordability crisis deepens, Airbnb and Vrbo face backlash
▼ + stars: | 2024-10-28 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

CNN —It’s been more than six years since Irvine, California, banned short-term rentals — and the city’s mayor hasn’t looked back. “I certainly don’t think it’s a major driver of the housing affordability crisis,” Nieuwerburgh said. “The reality is that there just simply aren’t enough short-term rentals out there to really make a difference,” Yedinsky said. In Irvine, although Mayor Khan said the ban had been well received, Irvine’s housing affordability issues aren’t yet solved. Each Airbnb or other short-term rental host must pay a fee to the city to operate as a short-term rental business.

Persons: CNN — It’s, hasn’t, “ It’s, ”, Farrah Khan, ” Irvine, Michael Seiler, College of William & Mary, “, ” Theo Yedinsky, Stijn Van Nieuwerburgh, ” Nieuwerburgh, I’m, Airbnb, ” Yedinsky, ” Vrbo, Sieler, Khan, ” Khan, “ We’re, —, Dan Enright, ” Enright, Enright Organizations: CNN, College of William &, Public, Research, Harvard Business, Columbia University, Telluride Locations: Irvine , California, Irvine, Orange County, Telluride, Colorado’s Rocky, Virginia, New York City

☆ Apple’s iPhone AI debuts today. Here’s what to expect
▼ + stars: | 2024-10-28 | by ( John Towfighi | ) edition.cnn.com time to read: +7 min

Apple’s AI features for iPhones will be available for free to users with any iPhone 16, iPhone 15 Pro and Pro Max, who update to iOS 18.1. Apple Intelligence is also available for iPad and Mac models that support iPadOS 18.1 and macOS Sequoia 15. The AI features rolling out with iOS 18.1The Apple Intelligence features rolling out Monday include improvements to writing and editing, Siri and the Photo app. “Some market participants are optimistic that Apple Intelligence could dramatically boost iPhone shipments soon,” Kuo said in the blog post. Following Apple's new product announcements, customers can pick up the new iPhone 16, 16 Plus, 16 Pro and 16 Pro Max, Apple Watch Series 10, AirPods 4, AirPods Pro 2 and AirPods Max from UK Apple Stores today.

Persons: Pro Max, Siri, Angelo Zino, Dan Ives, ” Ives, didn’t, Chi Kuo, Kuo, ” Kuo, Max, Peter Nicholls, “, Wedbush’s Ives, CFRA Research’s Zino, ” Zino, Apple’s Organizations: CNN — Apple Intelligence, Apple Intelligence, Pro, Microsoft, Google, Apple, Developers Conference, Big Tech, Apple Apple, CFRA Research, CNN, Wedbush Securities, TF International Securities, Regent, AirPods, Apple Stores Locations: London, England

☆ Why North Korea would want to go to war for Russia
▼ + stars: | 2024-10-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

North Korea sent thousands of troops to support Russia in its war against Ukraine. AdvertisementWhy is North Korea helping Russia? STR/KCNA VIA KNS/AFP via Getty ImagesIt's unclear what exactly is driving North Korea to become increasingly involved in the war and send troops to Russia. North Korea also has an aging fighter jet fleet it wants to upgrade and a desire for advanced satellite technologies. Beijing has often aligned with Russia and North Korea, and Western officials have accused China of also giving military aid to Russia in return for certain technologies and information.

Persons: Kim, Putin, —, Mark Rutte, Vladimir Putin, Kim Jong, KRISTINA KORMILITSYNA, Ivan Samoilov, Rutte, Kirby, Kurt Campbell, Defense Lloyd Austin, Biden, Seoul's Organizations: Ukraine, Service, US, Korean, Russian, NATO, Department of Defense, Pentagon, Ukrainian, North, Duma, Research, Gwara, Getty, VIA KNS, National Security, Technologies, Roman, Defense, Publicly, Ministry of Foreign, South Locations: Korea, Russia, Ukraine, South Korea, Kursk, Ukrainian, North Korea, Russian, Pyongyang, Korean, Moscow, Iran, North Korean, AFP, Kyiv, China, Beijing

☆ US-made Abrams and Bradleys built for a Cold War battle with the Soviets are fighting inside Russia, Ukrainian military video shows
▼ + stars: | 2024-10-28 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The American-made Abrams tank and Bradley fighting vehicle were built to fight the Soviets. New footage shared by the Ukrainian military shows them assaulting Russian positions in Kursk. AdvertisementNew combat footage posted by the Ukrainian military on Monday shows American-made tanks and armored fighting vehicles at war inside Russia. 🇺🇸-made Bradley IFV and Abrams tank are performing a combat task in the Kursk region, destroying russian treeline positions. An M1 Abrams tank in service with the Ukrainian military fires its cannon in the Kursk region.

Persons: Abrams, —, Bradley, Sy Organizations: Bradley, Service, Ukraine's 47th Mechanized Brigade, Bushmaster Locations: Russia, Ukrainian, Kursk, 🇺🇸-m

☆ FEMA conspiracy theories that have stoked chaos in the South date back to the 1980s
▼ + stars: | 2024-10-27 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +12 min

Unlike with the hurricane rumor response page, FEMA did not appear to respond to the rumors on its page for the wildfires. By 2009, Alex Jones, perhaps one of the most widely known modern conspiracy theorists, was promoting the false FEMA camps conspiracy theory and deriding those who attempted to debunk it. The FEMA camps conspiracy theory continued throughout the height of the pandemic after President Joe Biden signed various executive orders regarding vaccinations and testing. Ron DeSantis said the plan was “not necessary” and referred to the vaccination sites as “FEMA camps.”Although the FEMA camp conspiracy theory has been shot down again and again, Aniano believes this won’t be the last of it. “The conspiracy theory, it’s going to come up again,” Aniano said.

Persons: Helene, Milton, Hurricane Helene, “, Tiffany Walters, Wendy Billot, Ida, Emily Kask, ” Sara Aniano, Fiona, Jimmy Carter, Camille, Carter, ”, Jonathan Drake, Oliver North, Reagan, Rebecca Rouse, ” Rouse, Conspiracism, antigovernment, ’, Alex Jones, Sandy, Jade Helm, conspiracists, insurrectionists, Aniano, ” Aniano, Donald Trump, Covid, Mike DeWine, Trump’s, ” DeWine, Bill Seitz, ’ ” Seitz, Seitz, Joe Biden, Biden, Ron DeSantis, “ Something’s Organizations: Federal Emergency Management Agency, FEMA, NBC News, Defamation League’s, Extremism, NBC, USA, Southern Poverty Law Center, Center for Strategic, International Studies, U.S ., Reuters, Tulane University, Oklahoma City, U.S . Army, The New York Times, Guardian, Ohio Gov, Trump’s FEMA, Ohio Department of Health, Republican, Ohio Public, Florida Gov Locations: Hurricane, North Carolina, ”, Houma, La, Texas, New Mexico, Hawaii, Maui, Mississippi, Canton , N.C, U.S, Mexico, Washington, America, Stafford, Ohio, Florida

TEL AVIV, Israel — Israel's emergency services are treating dozens of casualties after a truck rammed into a bus as it was dropping of passengers at a bus stop near Glilot military base north of Tel Aviv on Sunday morning. A spokesperson for Israel’s police force said a preliminary investigation indicated that the truck collided with passengers as well as the bus. United Hatzalah, a volunteer emergency services, said "a large number of pedestrians" were involved, and that people remained trapped under the truck 30 minutes after the incident. Police and emergency services remain on the scene. Yarden Segev reported from Tel Aviv, and Freddie Clayton from London.

Persons: Israel —, Ronit Glazer, Magen David Adom, Yarden Segev, Freddie Clayton Organizations: MDA, Police Locations: TEL AVIV, Israel, Tel Aviv, Glilot, London

☆ Top Wall Street analysts are upbeat on these dividend stocks
▼ + stars: | 2024-10-27 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Finding the right names takes some additional legwork, and investors will want to consider the names highlighted by Wall Street analysts. Energy TransferThe first dividend stock pick this week is Energy Transfer (ET), a midstream energy company with over 130,000 miles of pipeline and related infrastructure across 44 states. The revised estimates also reflect the favorable impact of Sunoco's acquisition of NuStar Energy, as Energy Transfer owns about 21% of the outstanding common units of Sunoco. Diamondback EnergyWe move to independent oil and natural gas company Diamondback Energy (FANG). See Diamondback Energy Stock Charts on TipRanks.

Persons: Charlie Perez, Wall, Elvira Scotto, Scotto, TipRanks, FANG, Arun Jayaram, Jayaram, Diamondback Organizations: Cisco, Mobile, Nurphoto, Getty, Wall Street, Energy, RBC Capital, U.S, WTG, Holdings, NuStar Energy, Diamondback, Diamondback Energy, Endeavor Energy, JPMorgan, Endeavor Locations: Barcelona, Spain, Midland

☆ 19 cities where rent is falling fast, even as price hikes continue to frustrate consumers
▼ + stars: | 2024-10-27 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

The glass-half-full view is that price increases for single-family rental units are rather low, at least compared to the surges early in the pandemic. There's a similar dynamic going on in the single-family rental market, according to Rentometer. Fewer single-family units to choose from means that tenants have less bargaining power and may be forced to accept rent increases. 19 cities where rent is quickly slidingAlthough rent broadly is on the upswing, there are many cities where single-family rental units are getting cheaper, even if they're admittedly few and far between. Below are those places, along with their average rent and rent growth in the third quarter, plus their region.

Persons: homebuyers, —, Rentometer Organizations: Service, Savings, Business Locations: Midwest, Northeast, Southeast

☆ What Harris and Trump are proposing for the economy
▼ + stars: | 2024-10-27 | by ( Tami Luhby | Katie Lobosco | ) edition.cnn.com time to read: +21 min

CNN —Former President Donald Trump and Vice President Kamala Harris have laid out a broad array of ideas aimed at making life more affordable and strengthening the economy, which rank at the top of voters’ concerns. Both Trump and Harris have rolled out pricey provisions without specifying how they would cover the cost. Though his campaign hasn’t released details on the proposal, Trump has indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare. Around half of beneficiaries – mainly those with higher incomes – pay federal income tax on their Social Security payments. Harris’ plan would also accelerate the speed of Medicare’s drug price negotiations so that the costs of more medications come down faster.

Persons: Donald Trump, Kamala Harris, hasn’t, Harris, Harris ’, Trump, Joe Biden’s, Biden, Sen, JD Vance, Trump’s, ” Harris, USMCA, ” Trump, He’s, Elon Musk, John Deere, ” Vance Organizations: CNN, Trump, Yale University, Security, Social Security, Center, Social, Rescue, Medicare, GOP, Biden, Republican Party, ” Invest, America, Federal Reserve, American Locations: Nevada, Las Vegas, Mexico, Canada, Texas, Florida, Harris, Midwest

☆ How to dance the earnings two-step: Recognize initial stock distortions and then act
▼ + stars: | 2024-10-27 | by ( Jim Cramer | ) www.cnbc.com time to read: +18 min

For all we know, the yield curve may simply be going through the birthing of an un-inverted yield curve. GOOGL YTD mountain Alphabet YTD Search used to be so simple. META YTD mountain Meta Platforms YTD Meta Platforms has run big ahead of the quarter. AMZN YTD mountain Amazon YTD Let's get to the two toughest of the week, Amazon and Apple. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: let's, Eli Lilly, nonfarm payrolls, Carl Quintanilla, batty, Jeff Marks, Waymo, Elon Musk, Donald Trump, Kamala Harris, Department's, Mark Zuckerberg, Jensen Huang, Marc Benioff, Trump, Warren Buffett, Jim Cramer's, Jim Cramer, Jim Organizations: CNBC, Microsoft, Apple, Treasury, Federal Reserve, charlatans, Honeywell, Twitter, Club, Gemini, YouTube, Google, Donner Party of cannibalization, AMD, Nvidia, Intel, Merck, Pfizer, Tech Titans, Meta, Amazon Web Services Locations: Wall, cyclicals, California, Philly

☆ AOC and progressive allies want the federal government to build over a million homes. Even YIMBYs don't think it's a good idea.
▼ + stars: | 2024-10-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AOC is behind a new bill to create a federal social housing developer. Unlike traditional American public housing, which is usually reserved for low-income families, social housing is intended to be mixed-income. But some pro-housing policy experts — who subscribe to the YIMBY, or Yes in My Backyard, movement — are skeptical that a federal social housing authority makes sense. Related storiesGallagher, a Democrat who represents gentrifying neighborhoods in North Brooklyn, was struck by the stability created by social housing in Vienna. Congress would likely not support a federal social housing authority until there is evidence of its success at the state level.

Persons: —, Kamala Harris, Alexandria Ocasio, Cortez, Sen, Tina Smith, Minnesota —, Emily Gallagher, Gallagher, Hillary Schieve, Jenny Schuetz, Shane Phillips, Schuetz, Tricky Organizations: Democratic, Service, — Rep, New, Democrat, Yorkers, Brookings Institution, Lewis Center for Regional Policy, Homes, US Department of Housing, Urban Locations: Washington, Alexandria, Minnesota, Austria, New York, North Brooklyn, Vienna, Rhode, Atlanta, California, Montgomery County , Maryland, Reno , Nevada

☆ Andrew Webber's forever war
▼ + stars: | 2024-10-27 | by ( Sam Fellman | Ryan Pickrell | ) www.businessinsider.com time to read: +38 min

Like others in Chosen Company, Webber had been drawn to Ukraine for reasons he couldn't quite explain. AdvertisementNow, as Webber and his fellow members of Chosen Company got acquainted in the bar, uncertainty hung over the gathering. One showed an assault team clearing a World War I-style bunker, using live rounds. AdvertisementCats are everywhere on the front lines in Ukraine; Webber rescued one from a building under fire. "It seemed like he had stuff he was working on," says O'Leary, the CO of Chosen Company.

Persons: Andrew Webber, Webber chatted, he'd, Webber, Vera, Gwen, DeeDee, He'd, Jovelle Tamayo, she'd, I'm, hadn't, Rhodesian Bush, Dee Dee, David Roller, Sweeney, Tom Mader, Mader, vomited, patting, Andrew, Matthew James When Webber, wasn't, Karla Stephens, Karla, He's, Dubs, would've, Ryan O'Leary, Thomas Waszak, Elizabeth Gil, Fenwick, —, Sayed Zuhoor, Hilarie Atkisson, who's, Joe, O'Leary, Webber wasn't, marveled, Tango, Pervomaiske, Chosen, Wayne Hallatt, Hallatt, Thomas Waszak Wearing, wouldn't, Delta, Lance Lawrence, Lawrence, CeeBee, it's, Webber couldn't, we're, Waszak, Nichole, he's, Sam Fellman, Ryan Pickrell Organizations: White Sox, Chosen Company, Army, Company, corgi, Chosen, French Foreign, Rhodesian, Ranger School, intel, Operating, Taliban, Motorized Infantry Brigade, LinkedIn, Northwestern, Fenwick & West, Big Law, United, Fenwick, Ranger, Volunteers, Delta, AK, 173rd Airborne Brigade, Webber, Business Locations: Ukrainian, Dnipro, Iraq, Afghanistan, Ukraine, America, Seattle, Bakhmut, Washington, West Point, West, Georgia, Afghanistan's, Taliban, Kandahar, Fort Benning, Russian, Donetsk, Pervomaiske, Kabul, United States, Afghan, Russia, German, Delta, Kyiv

☆ Kurdish militants claim responsibility for deadly attack on Turkish defense firm
▼ + stars: | 2024-10-25 | 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

A banned Kurdish militant group on Friday claimed responsibility for an attack on the headquarters of a key defense company in Ankara that killed at least five people. A man and a woman stormed TUSAS’ premises on the outskirts of Ankara, setting off explosives and opening fire. The assailants were also killed in a subsequent battle with security teams and more than 20 people were injured in the attack. Its defense systems have been credited as key to Turkey gaining an upper hand in its fight against Kurdish militants. Meanwhile, police in Istanbul detained at least 35 people suspected of links to the PKK, the state-run Anadolu Agency reported.

Persons: TUSAS, Turkey’s, Recep Tayyip Erdogan, Abdullah Ocalan Organizations: Kurdistan Workers ’ Party, People’s Defense, Kurdish, Workers ’ Party, Syrian Democratic Forces, Turkish, Anadolu Agency Locations: Ankara, Turkish, Turkey, Iraq, Syria, Istanbul, Kurdistan, Iraq’s Sinjar, Kurdish

When I went down, they put me inside a tank and began interrogating me about my statements and contact with the media,” Abu Safiya recounted. Israeli forces cut off the hospital’s electricity and solar power supply and prevented staff from accessing the water well, he said. Two children on ventilators died after the Israeli military blew up the hospital’s oxygen supply, Abu Safiya said. Three members of the hospital’s nursing staff were injured by sniper fire with facial, neck and chest injuries. “The situation is extremely tragic and terrifying, and the bombing is continuous,” Abu Safiya said,.

Persons: Kamal Adwan, Hussam Abu Safiya, ” Abu Safiya, Abu Safiya, ”, ventilators, Tedros Adhanom Ghebreyesus Organizations: Kamal Adwan Hospital, CNN, Gaza Ministry of Health, United Nations, World Health Organization, WHO Locations: Gaza

☆ Tesla's energy storage business was the highlight of its blowout earnings, and Elon Musk says it's 'growing like wildfire'
▼ + stars: | 2024-10-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Its energy business grew by over 50% year over year, earning Tesla over $7 billion in revenue so far in 2024. Elon Musk said on Tesla's earnings call that the energy unit is "growing like wildfire." Revenue for Tesla's energy generation and storage business was nearly $2.4 billion in the third quarter of 2024, up 52% from the same period last year. Advertisement"The energy storage business is growing like wildfire, with strong demand for both Megapack and Powerwall," Musk said. The billionaire said that Tesla's Megapack factory in Lathrop, California, had hit an important production milestone of 200 units per week.

Persons: Tesla, Elon Musk, —, it's, Elon Musk's, That's, Musk Organizations: Service, Tesla Locations: Lathrop , California, Shanghai, Megapack

☆ Real-estate investors agree: Short-term rentals bring in more money but cause headaches. Here's the 'sweet spot' some are shifting to.
▼ + stars: | 2024-10-25 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Investors agree: Short-term rentals are more lucrative but require more time than long-term rentals. Grant puts up with the occasional blow-up because her Airbnb units bring in a lot more money than her long-term rentals. Especially with higher interest rates, which increase your monthly mortgage payment, "long-term rentals are just hard," said seasoned real-estate investor Zeona McIntyre. Courtesy of Amberly GrantFull-time real-estate investor Avery Heilbron categorizes short-term and long-term rentals as "two completely different things." AdvertisementThe 'sweet spot' of real-estate investing: Mid-term rentalsShort- and long-term rentals aren't the only options for real-estate investors.

Persons: —, Amberly Grant, Grant, Zeona McIntyre, Avery Heilbron, There's, McIntyre, Covid, Airbnb, she'd, Heilbron, Peter Keane, Rivera, he's, Keane Organizations: Service Locations: Colorado, Boulder, Seattle

☆ A look at how the stock market does the week before a presidential election
▼ + stars: | 2024-10-25 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 is down 0.9% week to date, on pace to snap a six-week advance. There may be more turbulence next week as the election draws closer, but history shows all is not lost for the market. The week of the election itself, the broad market index has seen a median gain of 0.56%. In 2020, the S & P 500 dropped 5.6% the week before the election, then rallied 7.3% the week of the vote. Elsewhere on Wall Street this morning, KeyBanc downgraded Apple to underweight, citing concerns around the company's iPhone sales.

Persons: Kamala Harris, Donald Trump, Harris, Trump, KeyBanc Organizations: U.S, CNBC, America Economic Survey, CNBC Pro, Apple

CNN —Israeli forces entered the compound of northern Gaza’s Kamal Adwan Hospital and opened fire after days of laying siege to the facility, health authorities in the enclave said. The Gaza health ministry and the director of the hospital in Beit Lahiya, northern Gaza, have told CNN that the Israeli military twice entered the hospital compound over the past 24 hours and fired at parts of the complex. Kamal Adwan is one of three minimally operational hospitals in northern Gaza, and the closest to Israeli military activity in Beit Lahiya and the Jabalya Refugee Camp. We have nothing to offer them.”It has been 21 days since Israel ramped up its military operation in northern Gaza. Authorities in Gaza say the military has stopped aid from reaching parts of the area and displaced many of its residents.

Persons: Kamal Adwan, Dr Hussam Abu Safiya, Tedros Adhanom Ghebreyesus, ” Ghebreyesus, Kamal Adwan “, WHO’s Ghebreyesus, ‘, ’ Maher Shamiya, Shamiya, ”, Safiya, Abu Safiya, “, Israel ramped Organizations: CNN, Health, World Health Organization, WHO, Shifa, Getty, UNICEF, Intensive Care Unit, Authorities Locations: Gaza, Beit Lahiya, AFP, Jabalya, Israel

☆ KeyBanc downgrades Apple to underweight, citing iPhone sale concerns
▼ + stars: | 2024-10-25 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Recent consumer survey data on iPhone sales points to a lack of growth for Apple , according to KeyBanc Capital Markets. AAPL YTD mountain AAPL, year-to-date Nispel thinks the iPhone SE is "not purely additive" to overall iPhone sales, citing data from the firm's consumer iPhone survey for September. Additionally, among those who are likely or extremely likely to upgrade to the iPhone 16, 61% are interested in the iPhone SE. "We think this shows the iPhone SE is not incremental, and could possibly be cannibalistic to iPhone 16 sales," the analyst wrote in a Thursday note. "From our view, if iPhone SE is successful, iPhone Units could rise but [average sales prices] could fall, contrary to consensus."

Persons: Brandon Nispel, Nispel Organizations: Apple, KeyBanc, Markets Locations: U.S

☆ South and North Korea troops potentially entering Ukraine war unlikely to stoke regional conflict, analysts say
▼ + stars: | 2024-10-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

South and North Korea troops potentially entering the Russia-Ukraine war is unlikely to stoke a wider conflict between the two Korean countries, experts said. The U.S. on Wednesday confirmed that North Korean troops had been sent to Russia. "The messaging we are seeing is likely intended to deter the actual deployment of North Korean troops to Ukraine from Russia. But that will depend on how the North Korean troops are deployed, she added. "In such a case, South Korean troops would be shooting in self defence, thus limiting the nature of such combat encounters."

Persons: Yonhap, Yoon Seok Yeol, Liang, Nah, Naoko Aoki, Aoki, Pyongyang's Organizations: stoke, Yonhap, NBC News, CNBC, Singapore's, Rajaratnam, of International Studies, Seoul, RAND, North Locations: Korea, South, North Korea, Russia, Ukraine, South Korea, North, Moscow, Pyongyang, Seoul

As Wall Street financiers snapped up huge swaths of the nation’s rental housing market in recent years, the deals sailed through unchallenged. But large purchases of rental homes and apartment buildings by private equity firms like KKR are another cause, research shows. The Private Equity Stakeholder Project, a nonprofit that monitors the industry’s impact on individual Americans, has identified more than 5,100 apartment complexes owned by more than 30 private equity companies in America, totaling almost 1.4 million units. Jim Baker, executive director at the Private Equity Stakeholder Project, welcomes the scrutiny the senators are bringing to the KKR transaction. More than two-thirds of the apartment units in those states are owned by private equity, he said.

Persons: Sen, Elizabeth Warren, ” Warren, Raphael Warnock of Georgia, Peter Welch of, Ron Wyden, Kamala Harris, Ohio Sen JD Vance, Donald Trump’s, Noelle Porter, Noelle Porter Noelle Porter, Porter, “ They’ve, ” Porter, “ We’ve, we’ve, Fannie Mae, Freddie Mac, Jim Baker, Washington — Organizations: Wall Street, KKR, NBC News, Harvard University’s, for Housing Studies, Harvard, Income Housing Coalition, Ohio, Companies, Equity, Housing, Financial Reform, Financial, National Housing Law, Navy Yards, Washington , D.C, Brookfield Properties, Asset Management, District of Columbia, Federal Trade Commission, Brookfield, Federal Housing Finance Agency, Private Locations: Peter Welch of Vermont, Oregon, United States, U.S, Puerto Rico, America, Washington ,, California , Colorado , Florida, Georgia, North Carolina , New Jersey , Texas, Washington

Health care officials in northern Gaza warned of severe shortages in medical supplies on Wednesday as Israeli bombardment in the area intensified. The hospital faces severe shortages in staff, medical supplies, blood units, food for patients and fuel to activate medical devices, he said. “We have nothing to provide for the patients and the injured.”Repeated Israeli bombardment nearby has significantly damaged the hospital, he said, destroying patient accommodations and blocking access for emergency services. Kamal Adwan Hospital, also in Beit Lahiya, is facing severe shortages as well, its director Hussam Abu Safiya told CNN over the phone. CNN has reached out to the Israeli military for a comment on the intensive bombardment in northern Gaza.

Persons: Dr, Mohamed Saleh, Beit Lahiya, “, ”, Kamal Adwan, Hussam Abu Safiya Organizations: Al, Awda, CNN Locations: Gaza, Beit, Beit Lahiya

Search resuls for: "Units"

25 mentions found