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Read previewRussia has kept much of its airpower and some of its most advanced aircraft out of the war in Ukraine. But Baum and other air warfare experts have warned Russia's air force should not be underestimated and cautioned that NATO should be ready. AdvertisementRussia's air force is weaker than NATO's airpower, but Russia's war in Ukraine shows it can still cause a lot of damage. Russia's air force has suffered high attrition rates from Ukraine's ground-based air defenses when operating in the country. Related storiesHe said that Russia "has a lot of trouble replacing lost advanced aircraft," only making a few a year.
Persons: , John Baum, Su, Andrew Curtis, Curtis, Michael Clarke, Christopher Cavoli, it's, Clarke, Evelyn Hockstein, Baum, Peter Layton, Layton, Volodymyr Zelenskyy, Jens Büttner, Russian Sukhoi Su, Nicola Marfisi, Russia's, There's, Sukhoi Su, Aleksey Nikolskyi, REUTERS George Barros, Jake Epstein, Gustav Gressel, Tim Robinson, Russia's Su, Robinson, Mads Claus Rasmussen, Ritzau Scanpix Organizations: Service, NATO, Mitchell Institute, US Air Force, Business, UK Ministry of Defense, Russian Air Force, Royal Air Force, REUTERS, Ukraine, Griffith Asia Institute, Royal Australian Air Force, Russian, Getty Images Air, Getty Images, it's, Sukhoi, Sputnik, European Council, Foreign Relations, UK's Royal Aeronautical Society, Getty Locations: Russia, Ukraine, Europe, Washington, NATO, Russian Sukhoi, Ukrainian, Moscow, Kremlin, AFP
Analysts on Wall Street think Microsoft's postearnings pullback is a buying opportunity. Shares of the technology company dipped 1% after Microsoft's disappointing cloud revenue obscured stronger-than-expected overall results for the fiscal fourth quarter. Microsoft's Intelligent Cloud segment raked in $28.52 billion in revenue last quarter, while analysts polled by LSEG expected $28.68 billion. Take a look at what some analysts around the Street said after Microsoft released its results. Goldman Sachs Analyst Kash Rangan maintained a buy rating on Microsoft and reiterated his $515 per share price target.
Persons: LSEG, Goldman Sachs, Kash Rangan, Mark Murphy, Murphy, Michael Turrin, Turrin Organizations: Microsoft, JPMorgan, JPMorgan Chase Locations: FQ4, 1H
Here are Wednesday's biggest calls on Wall Street: Bank of America reiterates Pinterest as buy Bank of America said it's sticking with Pinterest following the company's earnings on Tuesday. "We are raising our rating to Overweight (from Equal-weight); our new price target of $36 (up from $25) implies +43.4% one-year total return, including a 6.7% forward dividend yield." Bank of America upgrades RTX to buy from neutral Bank of America said demand is rising for the aerospace and defense company. " Bank of America adds Marriott to the US1 list Bank of America added the stock to its top picks list. "We initiate coverage of On Holdings (ONON) with an Outperform rating and a $46 price target.
Persons: Pinterest, Morgan Stanley, JPMorgan, it's, Albemarle, Nomura, Bernstein, Venmo, TD Cowen downgrades McDonald's, Cowen, 2Q's, Raymond James, Lockheed Martin, Jefferies, Woodward, Goldman Sachs, Goldman, it's bullish Organizations: Bank of America, Barclays, AMD, Energy, JPMorgan, Mizuho, Nvidia, PayPal, Deutsche Bank, Corning, Deutsche, Citi, Navigator, Lockheed, of America, underperform Bank of America, Management, Starbucks, " Bank of America, Marriott, Holdings Locations: 2H24, Albemarle, Braintree, Switzerland
Wall Street expects the retail giant to report adjusted earnings per share of $1.47 in the quarter and revenue of $148.78 billion, according to data from Bloomberg. Here's what Wall Street expects from Amazon's upcoming second-quarter earnings report. While the US consumer is showing signs of softening, the bank expects Amazon's retail unit to be a beneficiary from the current economic environment. "AWS sales, in constant currency, may meet consensus' high-teens view," Bloomberg Intelligence said. AdvertisementThe analysts also said Amazon's advertising revenue could continue to grow at a "20%-plus pace as Amazon takes market share."
Persons: , Wall, Goldman Sachs, Amazon's, Rufus Organizations: Service, Bloomberg, Business, Bank of America, of America, 1Q, " Bank of America, Citi, Amazon, 2Q, JPMorgan, Bloomberg Intelligence Locations: America, North America
Bell: Third quarter will be choppy, market rotation is intact
  + stars: | 2024-07-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBell: Third quarter will be choppy, market rotation is intactLindsey Bell, Chief Strategist at 248 Ventures, discusses market volatility, stocks vs. bonds, and earnings season.
Persons: Lindsey Bell Organizations: Bell, Ventures
According to Bank of America, the most recent market pullback is a symptom of a "buffalo" market. Related stories"A buffalo market is still in the bull family," McGregor said. She expects that the buffalo market will roam around this summer before stabilizing into a bull market later this year. "We're expecting this earnings growth story to broaden beyond the Magnificent Seven in tech in the coming quarters." Bank of America believes small-caps could lead the stock market for the next ten years if interest rates come down and remain favorable.
Persons: , Marci McGregor, we've, McGregor, We're, Russell Organizations: Service, Nasdaq, Bank of America, Business, Energy, Vanguard Health Care Locations: Buffalo
Gold firms ahead of U.S. inflation data, but set for weekly loss
  + stars: | 2024-07-26 | by ( ) www.cnbc.com   time to read: +2 min
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer Pro Aurum. Gold was on track for a weekly loss, even as prices firmed on Friday ahead of a key U.S. inflation reading that could offer more cues on when the Federal Reserve will cut interest rates. "Last week, prices scaled record highs on bets of a September U.S. rate cut. The U.S. personal consumption expenditure data for June — the Federal Reserve's favored measure of inflation — is due at 1230 GMT. Meanwhile, India's demand for gold is likely to rise while moving into the fourth quarter, which is traditionally a robust seasonal period for gold demand," ANZ's Kumari said.
Persons: Gold, Soni Kumari, Sugandha Sachdeva, ANZ's Kumari Organizations: Aurum, Federal Reserve, ANZ, SS, U.S ., Hong Kong Locations: U.S, New Delhi, China, Hong
Oil prices were up slightly on Friday on stronger-than-expected U.S. economic data that raised investor expectations for increasing crude oil demand from the world's largest energy consumer. But concerns about soft economic conditions in Asia's biggest economies, China and Japan, capped gains. At the same time, inflation pressures eased, which kept intact expectations that the Federal Reserve would move forward with a September interest rate cut. Lower interest rates tend to boost economic activity, which can spur oil demand. Still, continued signs of trouble in parts of Asia limited oil price gains.
Organizations: Brent, . West Texas, Commerce Department, Reuters, Federal Reserve Locations: Fort Stockton , Texas, China, Japan, U.S, Asia
In 2021, Maryland adopted a ten-year Climate Adaptation Resilience Framework aimed at making the state's infrastructure more sustainable by 2030. 2024 Infrastructure Score: 230 out of 425 points (Top States Grade: B) Climate Extremes Index: 62.44% Properties at risk: 100% Renewable Energy: 14% 9. 2024 Infrastructure Score: 235 out of 425 points (Top States Grade: B) Climate Extremes Index: 62.44% Properties at risk: 54% Renewable Energy: 4% 5. 2024 Infrastructure Score: 246 out of 425 points (Top States Score: B+) Climate Extremes Index: 39.82% Properties at risk: 14% Renewable Energy: 5% 4. 2024 Infrastructure Score: 179 out of 425 points (Top States Grade: D+) Climate Extremes Index: 48.6% Properties at risk: 100% Renewable Energy: 6% 1.
Persons: There's, Jeremy Porter, Maria Lehman, Governor Moore, Sarah L, Voisin, Ming Li, Wes Moore, Baltimore's Francis Scott Key, Kevin Dietsch, Danielle Villasana, Joseph Prezioso, Pennsylvania Al Walker, Audrey, Jeff Swensen, Drew Koch, Zbigniew Bzdak, Aaron Wilson, Joe Biden, Lady Jill Biden, Peter Zay, Winter Storm Lorraine, Anibal Martel, Louisiana Farmer Chad Hanks, Justin Sullivan, John Bel Edwards, Jeff Landry, Lokman Organizations: NOAA National Centers for Environmental, First Street Foundation, U.S, Infrastructure, American Society of Civil Engineers, Companies, CNBC, First, Atmospheric Administration, U.S . Department of Energy, Maryland, Preparedness, Washington Post, University of Maryland Center, Environmental, Gov, Energy, Delaware Contractors, Army Corp of Engineers, Texas, Lone Star State, Climate Center, Georgetown University, The, New, New Hampshire Workers, AFP, Getty, Environmental Protection Agency, University of New, Pennsylvania, Grow, Keystone, Pennsylvania Department of Environmental, Chicago Tribune, The Buckeye State, Mississippi Residents, Anadolu, Connecticut Municipal, Winter, Constitution, Connecticut Department of Public Health, Louisiana, NOAA, Task Force, Republican Gov Locations: U.S, States, , Maryland, Silver, Maryland, Montgomery, Chesapeake, Bethany Beach , Delaware, Delaware, Houston , Texas, , Texas, The Texas, New Hampshire, Nashua , New Hampshire, University of New Hampshire, Grow Pittsburgh, Braddock , Pennsylvania, Pittsburgh, Midwest, Ohio, Sandusky, Lake Erie, Erie, Mississippi, Rolling, United States, Connecticut, Hartford Area , Connecticut, Kaplan , Louisiana, Louisiana, Jersey, Lodi , New Jersey
The small-cap-heavy Russell 2000 will jump 15% or more in August, Fundstrat's Tom Lee told CNBC. Expectations of a Trump White house are also helping drive small-cap buying, Lee added. Fundstrat's Tom Lee told CNBC that the small-cap-focused Russell 2000 is likely to gain 15% or more through August, if history is any guide. Lee says the market's certainty in upcoming interest-rate cuts — expected to commence in September — is helping drive the small-cap rally. "The nine times it did that since 1979, when you were in a bear market, we were up 100% — one month, three months, six months, 12 months later," he said.
Persons: Russell, Fundstrat's Tom Lee, Lee, , It's, He's, Donald Trump Organizations: CNBC, Trump, Service, tanking, Barclays
Some of the bright orange bats were framed in shadow boxes, their boldly striped wings spread wide. Bigger, more charismatic species like elephants and tigers usually come to mind when the illicit animal trade is mentioned. But a study published this month has revealed a flourishing black market in stuffed and mounted bats that, until now, has gone largely unnoticed. In the United States, especially, bats are openly sold, intact or as skeletons, on e-commerce sites like Etsy, eBay and Amazon. “Instead, they could be inadvertently supporting the population decline of this bat species in the wild.”
Persons: they’re, , Nistara Randhawa, Davis Organizations: eBay, University of California, of Wildlife Research Locations: United States
Hedge fund manager Dan Niles sees this week's tech sell-off as confirmation that the trade is in significant trouble. On July 11, Niles warned on X that earnings season could expose big risks in the megacap tech trade. He was particularly worried about the Magnificent Seven stocks, which include Tesla , Nvidia , Alphabet , Meta Platforms , Microsoft , Apple and Amazon . So, you're going to have a fall off some time next year in cap equipment that's going to be horrific because of that." Longer term, Niles thinks the bull case for megacap tech stocks is intact.
Persons: Dan Niles, Niles, CNBC's, I'm, they're, China's, there's, we're, we've Organizations: Google, Niles Investment Management, Nvidia, Microsoft, Apple, Cisco Locations: frothiness, China, Niles
Komodo dragons have iron-tipped teeth, new study shows
  + stars: | 2024-07-24 | by ( Jack Guy | ) edition.cnn.com   time to read: +3 min
London CNN —Komodo dragons, the world’s largest species of lizard, have iron-tipped teeth that help them to rip their prey apart, according to new research. Komodo dragons are native to Indonesia and weigh around 80 kilograms (176 pounds) on average. LeBlanc analyzed teeth from museum collections as well as from a Komodo dragon named Ganus, which lived at London Zoo until it was euthanized last year. Analysis showed that iron was already present when the teeth erupted from the gum tissue, and was also present despite Ganus having a very different diet to wild Komodo dragons, he added. The findings may help us understand how carnivorous dinosaurs, which had curved, serrated teeth similar to Komodo dragons, would have killed and eaten their prey, LeBlanc said.
Persons: Charlotte Ellis, Aaron LeBlanc, LeBlanc, ” LeBlanc, , , Ganus, Benjamin Tapley Organizations: London CNN, Zoological Society of London, King’s College London, CNN, King’s College London “, London Zoo Locations: London, Indonesia
Read previewInvestors should stay on guard as this market rally loses steam, a veteran strategy chief says. The investment chief and the chief market strategist signaled in April that US equities had an attractive risk-reward setup after a 5.5% selloff. "All those factors combined suggest maybe a choppier market, even though we still think the long-term bull market is intact," Lerner said. "In the fall, I think investors will eventually come back to tech because I still think that's the main secular theme of this bull market," Lerner said. "But I don't know that this is a game changer for this bull market where small caps will be leadership."
Persons: , Truist's Keith Lerner, Lerner, Truist, Truist Lerner, he's, you've, isn't, haven't Organizations: Service, Nasdaq, Business
AdvertisementShe explained that from a tactical perspective, Ukraine and Russia are learning much about each other, and in response, the cycles of adaptation and countermeasures are rapidly compressing. "Russia's allies and their partners are learning from them, and this is now a currency that Russia has to give to Iran, China, North Korea — that learning of our equipment." Iran and North Korea have collectively outfitted Russia with a bunch of lethal aid, including missiles, rockets, artillery shells, and drones. Photo by ANONYMOUS/Middle East Images/AFP via Getty ImagesChina's support for Russia as it wages war in Ukraine has been more discreet. Experts and officials have also said that North Korea is likely learning about how its weapons perform in actual combat conditions.
Persons: , Dara Massicot, Massicot, Baiba Braže, Alina Smutko, Tehran's, Abrams, ALEXANDER NEMENOV, It's, Luke Coffey, Iran's Organizations: Service, NATO, Business, Carnegie Endowment, International, Latvia's, Mechanized Brigade, REUTERS, Getty, CNN, Russian, Army Tactical Missile, West, Ukraine —, Hudson Institute, North, General Staff, Ukrainian Armed Forces, Institute for, Ukraine Locations: Ukraine, Russia, Washington, Iran, China, North Korea, Moscow, Iranian, Kermanshah, Beijing, Tehran, Pyongyang, AFP, Israel, Korea, Ukrainian, X
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
S&P 500 futures are near flat Monday night, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month. Futures tied to the broad index sat near their flatline, as did Nasdaq 100 futures . The S&P 500 rose more than 1% for its best session since early June, while the Dow ticked higher by 0.3%. The S&P 500 was led higher by the information technology and communication services sectors, which gained roughly 2% and 1.2%, respectively. "If we get that bullish inflation report, I think you could see another leg higher in small caps and the banks."
Persons: Russell, Larry Tentarelli, Tentarelli, Mattel Organizations: New York Stock Exchange, Dow Jones Industrial, Dow, Nasdaq, Big Tech, Federal Reserve, Blue, Motors, Comcast, UPS, Technology, CNBC
“They keep saying, ‘He’s a threat to democracy,’” Mr. Trump told the crowd of thousands inside the Van Andel Arena. “That’s democracy.”Still, Mr. Trump showed little sympathy for Mr. Biden. “Unifying the party,” Mr. Trump said as he took back the microphone, “it’s beautiful to watch.”Michigan is seen as a critical battleground state for both Mr. Trump and Mr. Biden in November. It is one of several that Mr. Trump won in 2016 only to lose to Mr. Biden four years later. “I chose him because he’s for the worker,” Mr. Trump said after Mr. Vance left the stage.
Persons: Donald J, Trump, JD Vance, Biden’s, Kamala Harris, Biden, Trump —, , , , , “ They’re, ” Mr, Al Capone, Corey Comperatore, Butler, Donald Trump’s, Mr, Vance, Sean Solano, Solano, God, Hannibal Lecter, joyously, , Harris, Nancy Pelosi, Nancy, Sandy Pensler, Mike Rogers, Trump’s, he’s, “ He’s Organizations: Saturday, Democratic, Capitol, Van, Mr, Trump, Sporting, Republican, Republicans Locations: Ohio, Grand Rapids, Mich, United States, Butler, Pa, Nicaragua, Cutlerville, ” Michigan, Michigan
The red brick outer walls of First Baptist Dallas Church were singed black on Saturday morning, and though they were still intact, along with the steeple at the front of the historic building, there was no sanctuary within. Ms. Smith wiped tears from her eyes with a tissue as she talked about the sanctuary, with its dark wood pews and ornate carvings. There was a library in the church, she said, along with a printing shop and the offices of former pastors. Mr. Smith began to talk about what was lost when he trailed off, looking at the smoldering remains. Church members and other residents of the Dallas area mourned on Saturday the severe damage to the sanctuary, a landmark in the heart of Dallas where many of the megachurch’s members have been baptized, married and memorialized.
Persons: Larry Smith, Rita, Smith Organizations: Baptist Dallas Church Locations: Arlington , Texas, Dallas
How ‘Twisters’ Destroys a Motel
  + stars: | 2024-07-19 | by ( Mekado Murphy | More About Mekado Murphy | ) www.nytimes.com   time to read: +3 min
My name is Lee Isaac Chung and I am the director of “Twisters.” So this is a scene that happens about halfway through the film. Other interesting actors in this sequence, we have James Paxton, who is actually the son of Bill Paxton. So any time we’re filming inside of this swimming pool, there were people outside, our crew, who were destroying the set. The swimming pool had actually never been there. We had found this motel in which there were three separate structures within the motel.
Persons: Lee Isaac Chung, , Kate, Daisy Edgar, Jones, Tyler, Glen Powell, James Paxton, Bill Paxton, Lily Smith, Mark L, Smith, Samantha Ireland, Aila Grey, Jeff Swearingen, Scott Fisher, he’s yanked, Jeff, Geoff Haley
This week, the benchmark Invesco Solar ETF (TAN) and the iShares Global Clean Energy ETF (ICLN) are down 6.2% and 4.6%, respectively. Residential solar stocks, including Enphase , Sunnova , Sunrun , SolarEdge and SunPower , would face a "severe impact" if Republicans successfully weaken or entirely repeal the IRA, according to Piper. The stock in the clean energy space with the least exposure to election risks is GE Vernova , according to a July slide deck from JPMorgan on clean energy. As a domestic manufacturer, First Solar potentially stands to benefit if the U.S. trade war with China intensifies under a Trump administration, according to Kallo. Though total IRA repeal may be unlikely, solar and clean energy stocks will "continue to be volatile until (and even after) the election due to headline risk," Kallo said.
Persons: Donald Trump, Joe Biden's, Biden, Piper Sandler, Wolfe, Piper, Enphase, SolarEdge, SunPower, Trump, Baird, Ben Kallo, Kallo Organizations: Republican Party, Democratic Party, Trump, Senate, Clean Energy, U.S, White House, Congress, Wolfe Research, Tax, Technologies, Republicans, GE Vernova, JPMorgan, GE, GOP, UBS, CNBC, Republican Locations: U.S, Ohio , Alabama, Louisiana, China
Does breaking a lease affect my credit score? A broken lease, in itself, will not damage your credit score as it doesn't appear on your credit report. Other ways breaking a lease can financially impact youBesides damaging your credit score, breaking a lease could also financially impact you in the following ways. Any damage to your credit score will be affected by your current credit score and financial history. However, you can add your rent payments to your credit report using a rent reporting service, which can help improve your credit score.
Persons: , Scott Neu, you've, Neu, Andrew Latham Organizations: AIF, Gray Wealth Management Locations: Chevron
‘Twisters’ Review: When the Monster Is Real
  + stars: | 2024-07-18 | by ( Alissa Wilkinson | ) www.nytimes.com   time to read: +3 min
My name is Lee Isaac Chung and I am the director of “Twisters.” So this is a scene that happens about halfway through the film. Other interesting actors in this sequence, we have James Paxton, who is actually the son of Bill Paxton. Really, the intent of doing this was to create that feeling, that subjective feeling of what it’s like to experience a tornado in real time. So any time we’re filming inside of this swimming pool, there were people outside, our crew, who were destroying the set. The swimming pool had actually never been there.
Persons: Lee Isaac Chung, , Kate, Daisy Edgar, Jones, Tyler, Glen Powell, James Paxton, Bill Paxton, Lily Smith, Mark L, Smith, Samantha Ireland, Aila Grey, Jeff Swearingen, Scott Fisher, he’s yanked, Jeff, Geoff Haley
So, Business Insider asked Amazon delivery drivers what they wish customers would stop doing to ensure their packages are delivered safely and efficiently. Chesnot/Getty ImagesRequesting that delivery drivers put packages inside your mailboxThis may seem like a smart measure to ensure your package won't get stolen; however, Amazon delivery drivers can't do this in the US. Never updating old delivery instructionsYou may want a delivery driver to tuck a smaller package under your doormat for safekeeping. AdvertisementGuterriez said customers should make sure they remove delivery instructions from their accounts if they no longer apply. Leaving delivery instructions that aren't clearNancy Sanchez, a delivery driver who works with Amazon via Prolific Logistics, said it can be difficult when delivery instructions aren't specific enough.
Persons: , you've, Roni Guterriez, Guterriez, Adam Landry, Nancy Sanchez, Landry Organizations: Service, Business, Amazon, Centurion, Gruntastic Logistics, US Postal Service, Logistics
Tucker Carlson’s return to prime time kicked off with a roar. Mr. Carlson, a Fox News star until his firing 15 months ago, brought the Fiserv Forum to its feet when he emerged onstage at the Republican convention on Thursday evening, his support from the Make America Great Again crowd clearly intact. The grin on his face suggested just how much he relished his return to the limelight. Mr. Carlson is freshly embedded in former President Donald J. Trump’s inner circle, and he delivered an unscripted monologue straight out of his old Fox News show, complete with off-color jokes and dark visions of a nation at risk of falling into tyranny should Mr. Trump not prevail in November. “You could take, I don’t know, a mannequin, a dead person, and make them president,” Mr. Carlson said to laughter.
Persons: Tucker Carlson’s, Carlson, Donald J, Trump, Mr, Carlson broached, Biden’s, , ” Mr Organizations: Fox News, Republican
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