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But Iran’s strategy underestimated how Israel would respond to the Hamas terrorist attack of Oct. 7 and subsequent cross-border rocket fire from Hezbollah. “Israeli intelligence has restored their aura of deterrence," Hoffman said. However, Yahyah Sinwar, the leader of Hamas, is believed to be alive and hiding in tunnels that Israeli forces have not yet seized. The successful Israeli operations have also forced Iran and Hezbollah to face a vexing question: how and when to retaliate without suffering yet more setbacks? As long as Israeli attacks continue, Hezbollah’s decision-making will be in disarray, but the militia remains a significant force.
Persons: Israel, Hassan Nasrallah, , , Bruce Hoffman, Hoffman, Mohammed Hamoud, Yahyah Sinwar, Matthew Savill, Savill, ” Glenn Corn, Ezzedine, Majdi, Nasrallah, Ayatollah Ali Khamenei, Karim Sadjadpour, ” Sadjadpour, Marc Polymeropoulos, Rabih Daher, Benjamin Netanyahu, Corn, “ Who’s, Norman Roule, ” Roule Organizations: Islamic Revolutionary Guard Corps, School of Foreign Service, Georgetown University, , Royal United Services Institute, Defense Ministry, CIA, Institute, Infrastructure Technology, Hamas, Getty, West, Carnegie Endowment, International, Israel, Lebanese Armed Forces, United, Nuclear Locations: Iran, U.S, Tehran, Gaza, Iraq, Syria, Yemen, Israel, Sana'a, Iranian, Hodeida, Lebanon, London, Gaza City, , Lebanese, Mahmudiyah, AFP, Beirut, Nuclear Iran
The second moon that Earth has captured in its orbit this month is an asteroid called 2024 PT5. Mini-moons like this could be ideal targets for asteroid mining to send humans deeper into space. Space mining could be huge, since some asteroids are worth more than our entire global economy. Some startups are trying to figure out how to start mining space rocks, and do it in a cost-effective way. "Either if you are thinking about collecting mineral samples for research or starting a space mining venture, mini-moons are your best bet to get your business off the ground," he said.
Persons: , it's, Carlos de la Fuente Marcos, Elon, Marcos, Teddy Kareta, Mars, Richard Binzel, they're, Kareta Organizations: Service, NASA, Business, Lowell Observatory, JPL, Caltech, ASU, SpaceX, MIT Locations: Mars, Earth's
Nio – U.S.-listed shares surged more than 13% after the Chinese electric vehicle maker announced it will receive a cash injection of 13.3 billion yuan for its Nio China. "Strategic investors" will provide 3.3 billion yuan of that injection, with the rest coming from Nio Inc. The transactions, which are expected to be completed by the end of this year, will reduce Nio Inc.'s stake in Nio China to 88.3%, down from 92.1%. This also spurred a broader rally among China stocks, which saw their best day of trading since 2008 . Rocket Lab – Shares rose more than 3%, extending the more than 12% gains seen during Friday's session.
Persons: Nio, Ford, Alibaba, Stocks, bitcoin, Coinbase, MicroStrategy, Bitcoin, , Lisa Kailai Han, Sarah Min, Tanaya Macheel Organizations: Nio Inc, KeyBanc, CVS, Street Journal, Glenview Capital Locations: Nio –, China, Glenview, East, Gulf Coast
CNBC is now accepting nominations for our second annual Changemakers list. The list recognizes women transforming business and philanthropy, female leaders who have accomplished a meaningful achievement in 2024. Changemakers are taking novel approaches to old business problems and identifying new business opportunities. The list will be announced next year, and our second annual Changemakers Summit is set for next spring. Submit a nomination for the 2025 Changemakers list.
Persons: Dina Powell McCormick, Donald Trump, Marcela Miguel Berland, Tory Burch, Burch, Emma Carrasco, Corporate Affairs Srikant Datar, Harvard Business School Dean Karen Finerman, Ken Frazier, Desiree Gruber, Oscar Munoz, Laurene Powell Jobs, Emerson, Merline Saintil, Sheryl Sandberg, Stacy Smith, Spencer Stuart Organizations: CNBC, Fortune, Global Client Services, U.S . Deputy National, Tory, NBCUniversal, Corporate Affairs, Harvard Business School, Metropolitan Capital, Catalyst's Health, Merck, United Airlines, OptionB.org, Annenberg, LeanIn, McKinsey
Hong Kong CNN —China has taken a step forward in its ambitious plan to land astronauts on the moon by 2030 – unveiling the specially designed spacesuit its crew will don for what’s expected to be a landmark mission in the country’s space program. An image of China's new lunar spacesuit as it appeared in a video shared by state media. The agency revealed a protoype of its Artemis III spacesuit prototype, the AxEMU, in 2023. Thanks to its thin exosphere, the moon is an unforgiving place, exposed to both the sun’s rays and the cold of space. “Unlike low-Earth orbit missions, astronauts will be in a harsh natural lunar environment during lunar extravehicular activities.
Persons: Zhai Zhigang, Wang Yaping, Elon Musk, , China’s, Artemis, Wu Zhiqiang, Wang Chunhui Organizations: Hong Kong CNN, China Manned Space Agency, SpaceX, Federal Aviation Administration, CNN, FAA, NASA, Xinhua, China National Space Administration, China Astronaut Research, Training Center Locations: Hong Kong, China, America, United States, China’s Dunhuang
“It’s clear enemies of Israel,” she said, referring to those whom Israel says it is targeting. The next day, an explosion in a Tehran government guest house killed Hamas’ political leader, Ismail Haniyeh. But that scheme drew withering criticism from national security veterans and was finally quashed when Israel escalated the war in Lebanon. Jalaa Marey/AFP/Getty ImagesBroader political supportNadav Shtrauchler, a political strategist who has worked closely with Netanyahu, told CNN that bringing Sa’ar into government was intended to have three effects. Finally, he told CNN, broader political support is important as the war with Hezbollah escalates, and the possibility of a ground invasion looms.
Persons: Israel CNN —, Minister’s Benjamin Netanyahu’s, , Netanyahu, pollster, Dahlia Scheindlin, , Amir Cohen, Israel, Hezbollah’s, Fu’ad, Ismail Haniyeh, Hassan Nasrallah, Gideon Sa’ar, Sa’ar, ” Netanyahu, Yoav Gallant, Gideon Sa'ar, Jalaa Marey, Nadav, Sa’ar –, , Itamar Ben, Gvir, ” Shtrauchler, Netanyahu “, Gallant, ” Scheindlin, Benny Gantz, ” Gantz, toasting Organizations: Israel CNN, Hamas, Likud, Israel’s, CNN, Reuters, Revolutionary Guards, Getty, National, Israel Defense Forces ’ Locations: Tel Aviv, Israel, Lebanon, Gaza, Syria, Beirut, Tehran, Yemen, AFP, Sa’ar
Umm Mohammed and her five-year-old son escaped the Israeli bombardment of southern Lebanon, displaced to a tarpaulin on a seaside boardwalk. When Israeli bombs hit the south of the capital on Friday, the streets of west Beirut filled with people throughout the night. Internally-displaced people sit beneath a Lebanese flag in the Dahieh neighbourhood on September 28, 2024 in Beirut, Lebanon. “The assassination of Sayyed Hassan Nasrallah has brought Lebanon and the region to a new phase of violence. “We sleep on sidewalks because we have no choice,” said Umm Fawzi, from southern Beirut.
Persons: Hassan Nasrallah, , Hassan, “ He’s, ” Abu Mohamad, Nasrallah, , ” Nasrallah, Umm Mohammed, Karadsheh, cradled, , Carl Court, Jomana Karadsheh, Sayyed Hassan Nasrallah, Bechara Boutros, Rahi, Saad Hariri, ” Hariri, Umm Fawzi, Charbel Mallo Organizations: Beirut CNN, CNN, Maronite, Hezbollah Locations: Beirut, Iran, Israel, Lebanon, Lebanon’s, Gaza, Dahieh, Jomana, , Martyr’s
Meanwhile, Crew-9’s SpaceX Crew Dragon capsule has spent about one day traveling through orbit as it prepares to dock with the International Space Station. SpaceX/NASATogether, Hague, Williams, Wilmore and Gorbunov will complete SpaceX’s Crew-9 team. The group will spend about five months on board the space station before returning home no earlier than February. Williams and Wilmore first traveled to the International Space Station in early June aboard a Boeing Starliner spacecraft for what was expected to be a weeklong test mission. The three arrived at the space station aboard a Russian Soyuz vehicle on September 11.
Persons: Suni Williams, Butch Wilmore, Nick Hague, Aleksandr Gorbunov, Williams, Wilmore, Gorbunov, today’s, Stephanie Wilson, Cardman, Wilson, Zena Cardman, , Don Pettit, Aleksey Ovchinin, Ivan Vagner, Pettit Organizations: CNN, Station, Boeing, SpaceX, NASA, Hague, Cape Canaveral Space Force, International Space, International, Kennedy Space Center, International Space Station, Russian Soyuz Locations: Cape, Florida, Hague, Russian
So we just rented the office, and slept in the office, and showered at the YMCA,” Elon Musk recalled, drawing laughs from the crowd. “When they did fund us,” Kimbal Musk recalled, “they realized that we were illegal immigrants.”“Well…” Elon Musk interjected. Video of the remarks shows Elon Musk laughing as he jumped in with a different interpretation: “I’d say it was a gray area.”He didn’t elaborate, and it’s unclear what Elon Musk meant by that characterization. Elon Musk, wearing a black Stetson hat, livestreams while visiting the US-Mexico border in Eagle Pass, Texas, on September 28, 2023. Then-President Donald Trump greets Elon Musk before a policy and strategy forum with executives at the White House in February 2017.
Persons: ” Elon Musk, , Musk, , Donald Trump, Biden, It’s, , Kimbal, ’ Elon Musk, he’s, X, He’s, Walter Isaacson’s, they’ve, Elon Musk, Jeff Skoll, Fred Prouser, ” Kimbal Musk, Elon, haven’t, Ashlee Vance’s, Greg Kouri, can’t, Maye, Charles Kuck, Kuck, Jennifer Minear, That’s, ” Kuck, Alain Jocard, Kimbal Musk, Tesla, Zip2, he’d, Kevin McCarthy, Alex Brandon, it’s, Hunter Swanson, Grace, Swanson, “ They’re, ” Swanson, ” Minear, Minear, Philip Pacheco, Ron Ozio, hadn’t, Vance, CNN there’s, Affairs Julie Greicius, Rajshree Agarwal, Ed Snider, ” Agarwal, Peter Thiel, Paul Sakuma, Agarwal, , that’s, Elon Musk’s, who’s, hasn’t, Bayar, Zachary Mueller, ” Mueller, I’m, Don Lemon, Mueller, there’s, Stetson, Critics, John Moore, David Bier, ” Bier, Bier, Trump, he's, he'd, Brendan Smialowski, Joe Wilson, ” Wilson, Medina County Sheriff Randy Brown, Elon Musk's, We’re, Daniel Becerril, Reuters Elon Musk hasn’t Organizations: CNN, Twitter, University of Pennsylvania, Tesla Motors, SpaceX, Forbes, Stanford, Kimbal, Milken Institute Global Conference, Reuters, YMCA, Milken, YouTube, Los Angeles Times, US, Immigration Services, American Immigration Lawyers Association, Getty, Tesla, Kennedy Space Center, Center for International Education, Washington, Lee University, Elon, Center for, Learning, Penn, Minear, Materials, Engineering, ” Stanford, Communications, Affairs, American Immigration, Association, Ed Snider Center for Enterprise, University of Maryland, PayPal, eBay, Compaq, University of Washington, America’s, Democratic, Trump, CATO Institute, White, Medina County Sheriff, Fox, Fox News, Polaris Locations: Mexico, United States, Eagle Pass , Texas, Pretoria, South Africa, Canada, Canadian, Palo Alto , California, Beverly Hills , California, Angeles County, U.S, Atlanta, AFP, America, Zip2, California, Cape Canaveral , Florida, Virginia, Washington, Arizona, South Carolina, Medina County, Eagle, , Texas, Rio Grande
Israel announced on Saturday that its forces have killed Hassan Nasrallah, the powerful leader of the Lebanese militant and political group, Hezbollah, in what would mark a major escalation amid mounting hostilities at its northern border with Lebanon. An Iranian woman hold a poster of Hezbollah Hassan Nasrallah, with text in Arabic reading: "At your service Nasrallah" during an anti-Israeli rally in Tehran, Iran, on Friday. Vahid Salemi / APEarlier on Friday, a Hezbollah spokesman had said Nasrallah, who was seldom seen in public, was not in one of the buildings struck by Israeli forces and was "fine." Hezbollah has vowed to continue its campaign against Israel until it ends its nearly yearlong offensive in Gaza. “Israel no longer seems to fear clashing head-on with Iran,” Hussain said, adding, “Israel will not fear entering a larger operation."
Persons: Israel, Hassan Nasrallah, Nasrallah, “ Hassan Nasrallah, Vahid, Bashar al, Assad, Amal, Sayyed Abbas Musawi, Ed Husain, Israel ”, , ” Hussain, Najib Mikati, Benjamin Netanyahu, Netanyahu, Hussain, Husain, Biden Organizations: Lebanese, Israel Defense Forces, Hezbollah, NBC, Amal, Associated Press, Party, United, Council, Foreign Relations, Friday, NBC News, Hariri International, Lebanese Health Ministry, Reuters, Hamas, U.S . Locations: Lebanon, Iran, Beirut, Iranian, Tehran, Israel, Syria, Gaza, Karantina, Najaf, Iraq, Islam, Beqaa, U.S, United Nations, “ Israel, Dahieh, New York, Washington
CNN —A SpaceX mission due to take flight Saturday aims to unite the Boeing Starliner astronauts with the spacecraft that will bring them home. NASA’s Suni Williams and Butch Wilmore have already been on the International Space Station more than 100 days longer than expected. The two rode the Starliner to the International Space Station in early June for what was expected to be about a weeklong test flight. At liftoff, Hague and Gorbunov will be strapped inside the SpaceX Crew Dragon spacecraft, nicknamed Freedom, as it sits atop a Falcon 9 rocket. Gorbunov and Hague will join them after docking with the space station, set for Sunday.
Persons: NASA’s Suni Williams, Butch Wilmore, Helene, , Steve Stich, Nick Hague, Aleksandr Gorbunov, Williams, Wilmore, Gorbunov, Stephanie Wilson, Zena, Cardman, , Nick, Alex, ” Cardman, Wilson, I’m, ” Williams Organizations: CNN, SpaceX, Boeing, Space, Cape Canaveral Space Force, NASA, Mission, International Space Station, International, Station, Engineers, Ad astra, Hague Locations: Florida, United States, Hague, Russian
CNN —After Hezbollah confirmed the death of its leader Hassan Nasrallah in an Israeli strike, what – if anything – can it do next? So far, we have yet to see a barrage of rockets from Hezbollah that has caused significant (and known) damage to Israeli targets. But if it tries to project strength and fails, owing to Israeli interceptions, that will just compound its loss of face. It has shown an extraordinarily high threshold for pain over the past months and may have a longer view in hand. Yet most profoundly, it is Israel’s next steps that matter most.
Persons: CNN —, Hassan Nasrallah, Benjamin Netanyahu Organizations: CNN Locations: Israel, Iran
China's missile arsenal is rapidly growing and represents a clear threat to the US military. Here are the major missiles in China's arsenal that pose a threat to adversaries near and far. AdvertisementA reminder of China's growing might streaked across much of the Pacific on Wednedsay. While China hasn't revealed the size of its nuclear arsenal, the country's nuclear arsenal is growing faster than any other country. Here are the major known missiles in China's arsenal that the country is stockpiling amid heightened tensions in the Indo-Pacific.
Persons: , China hasn't Organizations: Beijing's Rocket Force, Service, Force, Pentagon Locations: China
Ukraine narrowly won the battle of Irpin in the war's earliest days. That's the conclusion of American and British experts who examined the fighting along the Irpin River northwest of Kyiv. "The Battle of Irpin River was a close-run thing," wrote Richard Sladden, Liam Collins and Alfred Connable in an article in British Army Review, a British military magazine. An attack in the east and south of Ukraine was the most likely course of action, therefore Ukrainian forces were primarily arrayed against this." Russian forces weren't prepared to rapidly deploy pontoon bridges to replace those across the Irpin River that Ukrainian troops had blown up.
Persons: , Richard Sladden, Liam Collins, Alfred Connable, Oleksandr Syrskyi, Collins, weren't, Oleksii Chumachenko, Carl von Clausewitz, Michael Peck Organizations: Service, British Army, Paratroopers, Hostomel Airport, Ukrainian 72nd Mechanized Brigade, Kyiv, Airport, 5th Company, 72nd Brigade, Hostomel, US Army Special Forces, Getty, 72nd Mechanized Brigade, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Irpin, Kyiv, Russia, Ukrainian, , British, Russian, Belarus, Dnipro, Hostomel, city's, Holland, Germany, Forbes
Elon Musk set out SpaceX's timeline for getting humanity to Mars this week. He said SpaceX plans to send five Starship rockets to Mars in 2026, with crewed missions following two to four years later. AdvertisementElon Musk has set out his latest timeline for getting humans to Mars, and experts say it's a classic SpaceX move. The SpaceX founder said in a recent post on X that the company plans to launch around five uncrewed Starship rockets to Mars in 2026. AdvertisementSpaceX is planning to launch five uncrewed Starship rockets to Mars in the first window in 2026, according to Musk.
Persons: Elon Musk, , Musk, Philip Metzger, Metzger, Peter Hague, Hague, Matthew Weinzierl Organizations: SpaceX, Service, NASA, Planetary Science, University of Central, Federal Aviation Administration, FAA, Harvard Business School Locations: Mexico, University of Central Florida, Mars
AdvertisementIsrael's assassination of Hassan Nasrallah, the head of Hezbollah for over 30 years, is a major escalation in the Middle East conflict. A senior Iranian commander working with Nasrallah was also killed in the attack, Iranian state media confirmed on Saturday. AdvertisementIn the days after that attack, Iran telegraphed its response before launching hundreds of missiles and drones toward Israel in an unprecedented retaliation. AdvertisementIran's supreme leader, Ayatollah Ali Khamenei, in a statement released on Saturday, said Iran stands with Hezbollah but did not threaten any military response. Still, Israel, anticipating a response from Hezbollah and other proxies in the region, and possibly Iran as well, ordered its citizens to avoid large gatherings.
Persons: Hassan Nasrallah, Nasrallah, , Israel, Mohammad Reza Zahedi, Slim, Ayatollah Ali Khamenei, Jonathan Panikoff Organizations: Service, Iranian Revolutionary Guard Corps, Force, Middle East Institute, Saturday, Israel Defense Forces, Atlantic Council Locations: Iran, Israel, Saudi Arabia, United States, Iranian, Damascus, Syria, Brig, Lebanon, Hamas, Gaza, Washington ,, Islamic Republic, Yemen, Tehran
SpaceX is set to launch two new crew members to the International Space Station on Saturday, in a capsule that will eventually bring home two NASA astronauts who flew to orbit on Boeing’s problem-plagued Starliner spacecraft. On their return flight back to Earth, NASA astronauts Butch Wilmore and Suni Williams will ride with them. After numerous delays, NASA opted to keep the two astronauts at the space station. Originally, the Crew-9 flight was supposed to carry four crew members to the space station, but in order to leave seats open for Wilmore and Williams, two NASA astronauts will have to wait for a future launch. Suni Williams, left, and Butch Wilmore at Space Launch Complex 41 in Cape Canaveral, Fla., on June 5.
Persons: Nick Hague, Aleksandr Gorbunov, Miguel J, Rodri­guez Carrillo, Butch Wilmore, Suni Williams, Williams, Chris O'Meara, Hurricane Helene, Helene Organizations: SpaceX, International, NASA, Florida’s Cape Canaveral Space Force, Expedition, Kennedy Space Center, Getty, Hague, Boeing Locations: Florida’s, Cape Canaveral, Fla, Gorbunov, Hurricane, Florida’s Big Bend
Israel's Prime Minister Benjamin Netanyahu defiantly faced an international community from which he has become deeply isolated amid international condemnation of Israel's war in the Gaza Strip and the military's fresh escalations in Lebanon. As the General Assembly president called the room to order, groups of diplomats stood up and walked out of the room, leaving a sparse audience on the delegate floor. More than 40,000 people have been killed in Gaza in Israel's ensuing war with Hamas. Earlier this month, the General Assembly passed a historic, if symbolic, resolution with an overwhelming majority, demanding that Israel withdraw from the Palestinian territories within a year. The resolutions, like all General Assembly resolutions, are nonbinding and were resoundingly ignored by Israel.
Persons: Benjamin Netanyahu, Netanyahu, ” Yokonan Landau, , , Israel, Francesca Albanese, António Guterres, Guterres, Netanyahu — Organizations: Israel's, United Nations, Assembly, General, General Assembly, Israel, Hamas, Court of Justice, West Bank, Human Rights, UNRWA Locations: Gaza, Lebanon, New York, Iran, Israel, Midtown Manhattan, Nations, Israel's, U.S, France, Syria, Rafah
The strike in the Beirut suburb of Dahiyeh came shortly after Israeli Prime Minister Benjamin Netanyahu addressed the U.N., vowing that Israel's campaign against Hezbollah would continue. The Israeli army spokesman, Rear Adm. Daniel Hagari, said it targeted the main Hezbollah headquarters, located beneath residential buildings. Hezbollah's Al-Manar TV said four buildings were reduced to rubble in the blast, so powerful it rattled windows and shook houses some 30 kilometers north of Beirut. Israel has moved thousands of troops toward the border in preparation. At the U.N., Netanyahu vowed to "continue degrading Hezbollah" until Israel achieves its goals, further dimming hopes for an internationally backed cease-fire.
Persons: Benjamin Netanyahu, Daniel Hagari, Hezbollah's, Netanyahu, Firass Abiad Organizations: Hezbollah, Hamas Locations: Beirut, Dahiyeh, Lebanese, Lebanon, Israel, Gaza, Israel's, Sidon, Nabatiyeh, Tiberias
Israel's Prime Minister Benjamin Netanyahu addresses the 79th United Nations General Assembly at U.N. headquarters in New York, U.S., September 27, 2024. And that's exactly what we're doing ... we'll continue degrading Hezbollah until all our objectives are met," Netanyahu said. He said he traveled to the United Nations to refute the untruths he had heard from other leaders on the same rostrum earlier in the week. Israel's Prime Minister Benjamin Netanyahu addresses the 79th United Nations General Assembly at U.N. headquarters in New York, U.S., September 27, 2024. Israel is vowing to step up its attacks on Hezbollah until its citizens can return safely to their homes.
Persons: Benjamin Netanyahu, Mike Segar, Netanyahu, Israel, Khan Younis, Ahmad Salem, Getty Images Ahmad Salem, Jalaa Marey Organizations: Israel's, United Nations General Assembly, Reuters, United Nations, United, Health Ministry, Bloomberg, Getty Images, Getty, Afp Locations: U.N, New York, U.S, Lebanon, Israel, El Paso, San Diego, ., Gaza, United Nations, Iran, Lebanese, United States, France, Galilee
Elon Musk near a Falcon 9 rocket at SpaceX headquarters in Hawthorne, California in 2018. SpaceXSo much of the way SpaceX operates, as you tell it in the book, is Elon Musk's hands-on management and the way he pushes his workers. I don't think Elon does very well in those types of environments. I don't really understand the entire arc of his changing political views over the last decade. I don't think the regular person really understands what a technological leap Starship is.
Persons: Eric Berger, Elon Musk, Berger, , Elon Musk's, Elon, David McNew, Jared Isaacman, it's, We've, What's, Obama, he's, Sarah Gillis, You've, you've Organizations: Business, Service, SpaceX, Falcon, Ars Technica, Tesla, Twitter, Elon, House, Polaris Dawn, Crew Locations: Hawthorne , California, United States, Russia
The best-performing Club stocks during the topsy-turvy third quarter are all outside the "Magnificent Seven" and AI-winner complexes. Starbucks: 25.2% New CEO Brian Niccol is the reason why Starbucks' stock is on the list. Best Buy: 18.6% The electronics retailer is another rate-cut winner: More people moving means more purchases of appliances and TVs. In fact, the reasons to own Best Buy are underappreciated by investors, JPMorgan analysts said in a note to clients Friday. Like Stanley Black & Decker and Best Buy, Home Depot is a beneficiary of increased housing sector activity.
Persons: , Stanley Black, Decker, Brian Niccol, Eli Lilly, Lilly, there's, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Reserve, Starbucks, Deutsche Bank, GE Healthcare, Novo Nordisk, Abbott Laboratories, Abbott Labs, GE, JPMorgan, CNBC, The New York Stock Exchange, NYSE Global Locations: U.S, China
Nvidia could rocket another 545% by the end of the decade, Phil Panaro predicted. AdvertisementNvidia is headed for a meteoric run-up by the end of the decade, according to one former consulting exec. "Not to sound overconfident — it's actually inevitable provided that they can continue to make these chips," he later added of the firm's upside potential. Some strategists have been skeptical over Nvidia's rally, with the stock up a monster 2,733% over the last five years. "That's actually the best case for why it's actually going to go up.
Persons: Phil Panaro, Blackwell, , Phil Panaro —, Jensen Huang, Panaro, Goldman Sachs, Morgan Stanley, — it's, That's, it's, haven't Organizations: Nvidia, Service, Boston Consulting Group, Goldman, Citigroup, Schwab Network, Blackwell, Big Tech, Fortune, Analysts, Nasdaq Locations: Web2
That came after short-seller Hindenburg Research revealed last month it had taken a short position in the company, citing "fresh evidence of accounting manipulation." Cassava Sciences — The biotech company fell 11% after agreeing to pay $40 million to settle a case with the Securities and Exchange Commission. Wynn Resorts — The stock rose about 6% thanks to an upgrade to overweight from equal weight at Morgan Stanley. Amgen — The biotech's shares rose 2% after Cantor Fitzgerald initiated research coverage with an overweight rating. — The aerospace and defense stock added 16% following a price target increase from KeyBanc Capital Markets, which retained an overweight investment rating.
Persons: Bristol Myers, Hindenburg, Morgan Stanley, Amgen, Cantor Fitzgerald, Olivia Brayer, Michael Leshock, — CNBC's Sean Conlon, Alex Harring, Yun Li, Hakyung Kim, Samantha Subin, Pia Singh Organizations: Bristol Myers Squibb, Food and Drug Administration, Bristol, Nordisk —, JPMorgan, Wall, Costco Wholesale, Revenue, Wall Street Journal, Justice Department, Hindenburg Research, Securities and Exchange Commission, Wynn Resorts, UAE, HP Inc, Bank of America, KeyBanc Locations: Nordisk — U.S, Danish, Las Vegas
Read previewThe Israeli Air Force is pounding the enormous missile arsenal Hezbollah built up over the past 18 years since its last full-fledged war with Israel. The air war is attempting to destroy Hezbollah's long-range missile arsenal, their most threatening weapons for Israelis which Iran provided as a last-resort threat to safeguard its nuclear program. That is one reason it proved reluctant to risk an all-out war between Hezbollah and Israel. Still, it's possible that the destruction of its Hezbollah missile deterrent will convince Iranian officials to build nuclear weapons faster as the ultimate deterrent. Advertisement"Many in Iran and the Iranian establishment now believe that Iran has no choice but to pursue nuclear weapons," Azizi said.
Persons: , Freddy Khoueiry, RANE, Khoueiry, Israel, Kyle Orton, Hassan Nasrallah, MAHMOUD ZAYYAT, Orton, Arash Azizi, Ismail Haniyeh, Azizi Organizations: Service, Israeli Air Force, Business, Operation Northern Arrows, Hezbollah, Islamic Revolutionary Guard Corps, Israel, Getty, Fajr, Clemson University, Iran's, United Nations Locations: Israel, Iran, Lebanon, East, North Africa, South Lebanon, Lebanese, Beirut, Tel Aviv, Israel's, South, AFP, Syria, Tehran
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