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☆ Elon Musk's futuristic Hyperloop prototype tube has been removed from its place near SpaceX's California headquarters
▼ + stars: | 2022-11-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

The Hyperloop prototype tube was removed from its location outside of SpaceX headquarters in Hawthorne, Calif, reports say. The above-ground test tunnel was installed in 2016, but sat idle for years, according to the LA Times. The LA Times reported that Hawthorne Council member Angie Reyes English asked city staff to request the removal of the tube. According to the LA Times, it drew complaints from pedestrians and motorists before the city stepped in to have it dismantled. The ambitious invention would reportedly cut the commute from Los Angeles to San Francisco down to 35 minutes, LA Times reported.

☆ The market could be anticipating a Republican sweep of Congress in Tuesday’s election
▼ + stars: | 2022-11-05 | by ( Patti Domm | In | ) www.cnbc.com time to read: +2 min

The Strategas Republican portfolio contains a number of energy companies including Cheniere, Centrus Energy , Enterprise Products and ConocoPhillips. The Republican portfolio contains Regeneron , up 7.5% since the end of September, and Bristol-Myers Squibb, up 10.8% in that same period. Clifton said the Republican portfolio bottomed out around Sept. 7, and in October it pulled ahead. "There's more confidence the Republican House gains are going to be quite large," he said. "If the consensus is wrong and the Democrats keep the Senate, the sector that will have the most upside is the clean energy sector," he said.

☆ Pentagon, U.S. arms makers to meet on labor and supply chain
▼ + stars: | 2022-11-04 | by ( Mike Stone | ) www.reuters.com time to read: +3 min

Prior meetings between Pentagon officials and top arms makers including Lockheed Martin Corp (LMT.N), Raytheon Technologies Corp (RTX.N) and General Dynamics Corp (GD.N) were focused on Ukraine and hypersonic weapon development. Pandemic related supply-chain issues are still hurting defense contractors because components and materials fail to arrive on time, which delays production and ultimately payment. read moreTHE LONGEST POLEIn the meantime, the defense industry is taking steps on its own to shore up supplies and labor. "If I had to boil it down to the longest pole in the tent, it's the labor issues that are pervasive throughout the supply chain," Raytheon Chief Financial Officer Neil Mitchill told Reuters. read moreReporting by Mike Stone in Washington; Editing by Alexandra Alper and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

The space company was valued at more than $1 billion when private equity firm AE Industrial Partners became its controlling shareholder in March. A FireFly spokesperson declined to comment when asked about the fundraising, as did a spokesperson for AE Industrial Partners. It is among a handful of U.S. space companies vying to launch small satellites into space. SpaceX's bigger Falcon 9 rocket costs $62 million and Rocket Lab's smaller Electron rocket costs $7 million. Venture capital investments in space companies fell 44% from a year earlier, according to a quarterly report from VC firm Space Capital.

☆ Stocks: Dow on track for best month in more than 45 years
▼ + stars: | 2022-10-31 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

New York CNN Business —The Dow fell slightly midday Monday but is still up 14% this month, putting it on track for its best monthly gain since January 1976. Still, it’s fitting that on Halloween, candy maker Hershey (HSY) is trading at an all-time high, Shares are up nearly 25% this year. That’s nearly half of the Dow stocks. Oil stocks and health care companies are leading the market, with Chevron (CVX), Merck (MRK) and Amgen (AMGN) topping the Dow leaders list. This list of well known, brand-name stocks trading at record highs is further proof of that point.

☆ Morning Bid: Meta averse, ECB decides and CS slides
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike Dolan. Meta added a deep pothole to an already bumpy U.S. earnings season - another obstacle to a market pumped-up by bets of some central bank relief on the horizon as G7 economies slow. read moreWith Apple (AAPL.O) and Amazon reporting later on Thursday, sentiment toward tech giants remains on edge. But after two-week, trough-to-peak bounce of almost 10%, global stock indices (.MIWD00000PUS) struggled to make much headway for the second session on Thursday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

The company's shares were down 4.9% at $505 before the bell despite forecasting 4% to 5% revenue growth in 2023. Northrop had forecast 2022 sales in the range of $36.2 billion to $36.6 billion, and a profit per share between $24.50 and $25.10. Northrop, is now seeing improving trends in labor availability after struggling with labor challenges caused by the Omicron variant of COVID-19. Overall revenue rose 3% in the quarter to $8.97 billion, but missed analysts' average expectation of $9.13 billion, as per Refinitiv data. Sales at the Space Systems division, aided by higher demand for space exploration, rose about 18% to $3.16 billion, helping the Falls Church, Virginia-based company offset lower sales at the aeronautics and defense units.

☆ Stocks making the biggest moves premarket: Meta, Ford, Honeywell, Caterpillar & more
▼ + stars: | 2022-10-27 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Meta — The social media stock dropped 22.8% after Meta reported an earnings miss and a weaker-than-expected fourth-quarter forecast. Meta reported earnings of $1.64 per share on revenue of $27.71 billion. Caterpillar — Shares popped 5.1% after Caterpillar reported earnings that beat on the top and bottom lines. Caterpillar was expected to earn $3.16 per share on revenue of $14.33 billion, according to consensus estimates from Refinitiv. The defense company reported revenue of $8.97 billion, compared to forecasts of 9.13 billion, according to consensus estimates compiled by Refinitiv.

☆ These options trades look cheap ahead of earnings, Goldman says
▼ + stars: | 2022-10-22 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

The bank's derivatives research team, led by Vishal Vivek, found several stocks reporting next week whose options look relatively cheap. "We find, while the absolute level of implied moves are high, when adjusted for one month realized volatility, implied moves are only in their 18th percentile relative to the past 17 years; we look for names where implied moves are most under-priced heading into earnings. Our past studies have shown implied moves to be correlated with historical earnings-day moves," Vivek wrote. One of the biggest names on the list is Ford , which is scheduled to report on Oct. 26. Straddles are slightly more expensive than directional bets, but they can profit regardless of which way a stock moves.

☆ Analysis: U.S. Republicans aim at Ukraine aid but unlikely to block it
▼ + stars: | 2022-10-21 | by ( Patricia Zengerle | ) www.reuters.com time to read: +6 min

All 57 House votes against a bill providing more than $40 billion for Ukraine in May came from Republicans. Anderson said some Republicans have viewed Ukrainian President Volodymyr Zelenskiy's administration as corrupt since Trump's first impeachment trial. House Democrats voted to impeach Trump in 2019 on charges he held up military aid for Kyiv to put pressure on Zelenskiy to investigate one of Biden's sons. Several defense industry executives said they viewed the Republican comments on Ukraine aid as political rhetoric ahead of the midterms, not a threat. A Reuters/Ipsos opinion survey this month showed 73% of Americans felt the United States should continue to support Kyiv.

☆ Stocks could continue to break higher as Apple, big tech report earnings in week ahead
▼ + stars: | 2022-10-21 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.

By pointing to 2027 as the moment when East Asia's power balance may tip in China's favour, Japan's government can rally support for greater defence spending, he added. At a congressional hearing last year, U.S. Indo-Pacific commander Admiral Philip Davidson said that China's threat against Taiwan could "manifest" that year. Japanese defence ministry officials did not immediately respond to a request for comment. In July, Prime Minister Fumio Kishida won national upper house elections with a pledge to "substantially" increase defence spending. The splurge of defence spending should also benefit U.S. suppliers such as Lockheed, Boeing Co (BA.N) and Northrop Grumman Corp (NOC.N).

☆ JPMorgan downgrades Northrop Grumman to neutral, cites stock's recent outperformance
▼ + stars: | 2022-10-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Investors should hold off on buying Northrop Grumman in the near term after its strong year-to-date outperformance, JPMorgan says. Analyst Seth Seifman downgraded the defense and aerospace stock to neutral, highlighting the stock's nearly 30% rally this year among his reasons for a downgrade. Northrop Grumman shares are trading at 16.5 times forward earnings relative to peers L3Harris and Lockheed Martin trading under 13 times. Despite these near-term concerns, the defense contractor retains strong cash flows and offers an attractive long-term growth profile, Seifman said. The bank's $490 price target suggests a modest 2% decline from Thursday's close price.

☆ Here are Friday's biggest analyst calls: Micron, Tesla, Apple, Sunrun, Netflix, Delta, Amazon & more
▼ + stars: | 2022-10-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said the tech giant continues to be a "highly debated stock" among investors the firm talked to. " Loop initiates Micron as buy Loop says it sees upside potential for shares of Micron . Citi reiterates Netflix as buy Citi said it's standing by its buy rating on Netflix heading into earnings later this month. Morgan Stanley names AbbVie as a catalyst driven idea Morgan Stanley said it sees a new "pipeline opportunity" as the biopharma company looks to develop new products. " Morgan Stanley reiterates Sunrun and Plug Power as overweight Morgan Stanley said the selloff in clean tech is overdone.

☆ Here are Thursday's biggest analyst calls of the day: Apple, Meta, Biogen, Amazon, Netflix & more
▼ + stars: | 2022-10-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

UBS reiterates Apple as buy UBS said Apple's iPhone Pro and Pro Max demand remains "solid." Bank of America names Northrop Grumman and Rocket Lab top picks Bank of America said it likes Northrop's defensiveness. Bank of America reiterates Microsoft as buy Bank of America said it still sees a solid risk/reward outlook for Microsoft. Cowen reiterates Amazon as outperform Cowen said that its recent survey shows Amazon is still the preferred place for shopping. Stifel upgrades Biogen to buy from hold Stifel said in its upgrade of Biogen that concerns about the company's Alzheimer's drug, lecanemab, are overdone.

☆ Wells Fargo downgrades Lockheed Martin, believes defense company will lag behind competitors
▼ + stars: | 2022-09-28 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Defense company Lockheed Martin is not expected to grow as much as competitors do in the coming years, according to Wells Fargo. Lockheed Martin will be in particularly bad shape if it doesn't win the Future Vertical Lift contract, which has a role in producing future long-range assault aircrafts. This underlies the fact that defense stocks can slide depending on the volatility of geopolitics, Akers said. Shares of Lockheed Martin currently trade at a premium compared to peers, Akers said. Akers also downgraded L3Harris Technologies to equal weight from over weight, while remaining equal weight on Northrop Grumman and overweight on General Dynamics .

☆ This market is not the dot-com crash or the financial crisis. Here's how to play it
▼ + stars: | 2022-09-25 | by ( Jim Cramer | ) www.cnbc.com time to read: +21 min

The S & P 500 never really got out of control back then — and, relative to bonds, it didn't either. The Fed chairman, correctly, feared the economy was going to crash, and he would have been right. I think that's certainly how people act. I think that most participants have decided there's no hope and they are using an analogue that's 2000-2001 (dot-com bubble bursting) or even 2007 (before the financial crisis and the Great Recession). Autos have been hurt by supply chain but I think that's coming to an end.

☆ Stocks making the biggest moves premarket: General Mills, Stitch Fix, Beyond Meat and others
▼ + stars: | 2022-09-21 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:General Mills (GIS) – General Mills shares gained 1.8% in the premarket after the food producer reported a better-than-expected quarterly profit and raised its full-year sales forecast. Stitch Fix (SFIX) – Stitch Fix slid 5.9% in premarket trading after reporting a wider-than-expected quarterly loss and issuing a weak forecast. Beyond Meat fell 1.1% in premarket trading on top of a 6% slide Tuesday, its sixth consecutive down day. Defense stocks – Shares of defense contractors are rising in the premarket after Russian President Vladimir Putin mobilized more troops to Ukraine in what's seen as a major escalation of the Ukraine war. Aurora Cannabis (ACB) – Aurora Cannabis reported a breakeven quarter, on an adjusted basis, surprising analysts who predicted a quarterly loss.

☆ Stocks making the biggest moves midday: Freyr Battery, Stitch Fix, General Mills, Trupanion and more
▼ + stars: | 2022-09-21 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Stitch Fix — Stitch Fix was up about 12%, even after the company posted downbeat quarterly numbers. General Mills — Shares of the food producer jumped 7% after the company posted a better-than-expected quarterly profit. The company now sees adjusted EBITDA between $1.4 billion and $1.45 billion, below prior guidance of $1.475 billion and $1.575 billion. Sotera Health — Sotera Health shares dropped more than 7% after JPMorgan downgraded the company to underweight from overweight, citing risks from more than 700 outstanding trials. Coty — The stock rose 5.6% after the beauty company said it has a strategy to double skincare product sales by fiscal year 2025.

☆ Futures flat as investors gird for another big rate hike
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterA trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 13, 2022. REUTERS/Andrew KellySummarySummary Companies Futures: Dow, S&P flat, Nasdaq down 0.11%Sept 21 (Reuters) - U.S. stock index futures paused on Wednesday as investors braced for a hefty interest rate hike from the Federal Reserve for a third straight time. The focus will be on economic projections, which is expected to offer insight into how aggressively policymakers feel interest rates must rise to tame stubbornly high prices. ET, Dow e-minis were up 10 points, or 0.03%, S&P 500 e-minis were up 0.5 points, or 0.01%, and Nasdaq 100 e-minis were down 12.75 points, or 0.11%. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Medha Singh in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Kamala Harris announces space coalition including Elon Musk's SpaceX and Jeff Bezos' Blue Origin as the White House seeks to broaden the aerospace industry
▼ + stars: | 2022-09-09 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

VP Kamala Harris announced a new coalition of space firms to diversify the workforce of the aerospace industry, per Reuters. The report said Blue Origin, Boeing, Lockheed Martin, and Northrop Grumman will anchor the coalition. Jeff Bezos' Blue Origin, Boeing, Lockheed Martin, and Northrop Grumman are set to anchor the coalition, the statement said, per Reuters. Other companies including Elon Musk's SpaceX, Bezos' Amazon, and Richard Branson's Virgin Orbit will partner in the coalition, the White House said in the statement, per Reuters. The White House and the other companies mentioned in this report didn't immediately respond to Insider's request for comment.

☆ Doi piloți, UCIȘI la baza aeriană Dezful în timp ce pregăteau avionul de decolare
▼ + stars: | 2021-06-02 | by ( ) www.jurnal.md time to read: +2 min

Sursa foto: ProfimediaDoi piloți, UCIȘI la baza aeriană Dezful în timp ce pregăteau avionul de decolareArmata iraniană a confirmat printr-un comunicat de presă că doi piloți au fost uciși, ieri, la baza aeriană Dezful, informează BBC. Potrivit comunicatului, cauza morții pentru cei doi piloți a fost "erori neprevăzute întâmpinate într-un avion F-5". Centrul de informare a armatei a anunțat că "căpitanul Hussein Namani și colonelul Kianoosh Basati, piloți ai forțelor aeriene iraniene, au fost uciși după ce scaunele lor au fost lansate brusc în timp ce pregăteau avionul de decolare". Ali Farahmandpour, guvernator special pentru Dezful, a declarat agenției iraniane de presă IRNA că „dimensiunile incidentului sunt evaluate de o echipă sosită de la Teheran". Potrivit lui Farahmandpour, locul accidentului a fost izolat pentru anchetă.

Persons: Hussein, Kianoosh, Ali Organizations: BBC, Northrop, Suhoi, Armata Locations: Iran, SUA, Iranului, Teheran

☆ Lupte între cei mai bogați oameni ai lumii. Elon Musk l-a ironizat pe Jeff Bezos
▼ + stars: | 2021-04-28 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Elon Musk a ironizat încercarea miliardarului Jeff Bezos de a contesta în instanţă un contract major acordat de NASA, ducând astfel lupta dintre cei mai bogați oameni ai lumii la un alt nivel. Elon Musk a obţinut contractul, iar Jeff Bezos nu a fost deloc bucuros, scrie digi24.ro. Elon Musk, care conduce compania SpaceX, a reacţionat publicând pe Twitter următorul mesaj: "Nu poţi s-o ridici (pe orbită). Blue Origin a suferit un nou eşec la începutul acestei luni, când NASA a acordat companiei SpaceX contractul ce prevede dezvoltarea modulului de aselenizare. Contestaţia depusă de Blue Origin a fost redactată într-un document ce conţine 50 de pagini, precizează cotidianul The New York Times.

Persons: Elon Musk, Jeff, Elon, Jeff Bezos Organizations: NASA, Blue, Aeronautics, Administration, United, Alliance, Boeing, Lockheed Martin, SpaceX, Northrop Grumman, New York Times Locations: ULA

☆ В Пентагоне признали превосходство России над США
▼ + stars: | 2021-04-27 | by ( Mld Media Srl | Степанов Георгий | ) noi.md time to read: +1 min

В Пентагоне признали, что Россия и Китая опережают США в области стратегического вооружения. Об этом во вторник, 27 апреля, заявил глава стратегического командования США адмирал Чарльз Ричардc, пишет РИА Новости. Он посчитал превосходство России и Китая над США очень серьезным. Без современных, мощных и надежных МБР шахтного базирования США грозит поражение в третьей мировой войне, подытожил глава стратегического командования. США все это время занимались «косметическим ремонтом», в то время как Россия смогла модернизировать арсенал межконтинентальных ракет шахтного базирования на 80 %.

Persons: Northrop Grumman, Чарльз Ричард, Ричардс Organizations: 18 Ohio ., Trident, Пентагон, РИА Новости, ВМС Locations: —, 18 Ohio, Россия, Китай, США, Вашингтон, Москва, Пекин, Индия, Великобритания

☆ SpaceX выиграла контракт по доставке астронавтов на Луну
▼ + stars: | 2021-04-19 | by ( Mld Media Srl | ) noi.md time to read: +3 min

В пятницу NASA выбрало компанию SpaceX для создания космического корабля, который впервые после последней миссии «Аполлон» высадит астронавтов на Луну. Выбрав только SpaceX для такой важной миссии, NASA дало понять, что полностью доверяет стремительно развивающейся компании. Для программы NASA Artemis, целью которой является высадка человека на Луну, SpaceX предложила свой многоразовый космический корабль Starship, который предназначен для полёта большого количества людей в глубокий космос и посадки на небесные тела. Кроме SpaceX NASA наняла Boeing для доставки астронавтов на МКС. Однако в отличие от Трампа, который обязал NASA высадить астронавтов на Луну к 2024 году, нынешняя администрация пересматривает сроки, ориентируясь на готовность космических кораблей для миссии.

Persons: Jeff Bezos, Lockheed Martin, Northrop Grumman, NASA Artemis, Artemis, Donald Trump, Joe Biden, Илона Маска, Джефф Безоса, Илон Маск, Маск, Дональд Трамп ( ), Джо Байден ( ), Трамп Organizations: NASA SpaceX, Washington Post, NASA, SpaceX, Lockheed, SpaceX NASA Boeing, Международная космическая станция, МКС, Конгресс Locations: Луна, Марс, США

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