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☆ China moon samples reveal water molecules in groundbreaking discovery, scientists say
▼ + stars: | 2024-08-05 | by ( Jessie Yeung | ) edition.cnn.com time to read: +9 min

NASA and Indian spacecraft have spotted what they believe to be water on the moon’s surface, and Chinese scientists last year found water trapped in glass beads strewn across the moon. But people didn’t always know there was water on the moon, though scientists theorized about its existence for hundreds of years. “I think it has lots of potential, this new finding that we can extract molecular water directly from lunar soils,” Qian said. After the latest study, many Weibo users raised the possibility of growing plants or crops on the moon using the molecular water found in soil. “We can’t work behind closed doors – it would be best to attract all of their scientists to China,” one wrote.

Persons: China’s Chang’e, ”, David A, Ren Junchuan, Yuqi Qian, didn’t, NASA’s, Luna, Qian, ” Qian, “, Xi Jinping’s, it’s, ” Kring, hasn’t, Bill Nelson, Weibo Organizations: Hong Kong CNN, NASA, Indian, Planetary Institute, University of Hong, China National Space Administration, Xinhua, CNN, “, International Space, Weibo Locations: China, Hong Kong, ULM, Texas, Xinhua, University of Hong Kong, Soviet, SOFIA, United States

☆ How Kamala Harris' shortened campaign timeline could work in her favor
▼ + stars: | 2024-08-05 | by ( Katherine Tangalakis-Lippert | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Read previewWhen Kamala Harris took up Joe Biden's mantle last month and launched her campaign for president, she did so knowing that she'd have an abbreviated run leading up to the election. Harris' campaign started with sighs of relief from Democratic voters over Biden dropping out and instant enthusiasm that contributed to Harris' record-breaking fundraising efforts, Dagnes, who focuses on political media, said. "Young people represent a strategic sector for Kamala for two reasons," Gutiérrez told BI. AdvertisementTrump has also tried several lackluster nicknames against Harris, like "Laffin' Kamala Harris" and "Cackling Copilot Kamala Harris," which haven't gained traction like "Sleepy Joe" did against Biden. "By maintaining a high level of visibility and continuing to address key voter issues, Harris is well-positioned to leverage the remaining campaign period effectively."

Persons: —, Kamala Harris, Joe Biden's, Harris, Alison Dagnes, there's, Dagnes, Joe Biden, Barack Obama, Sergio José Gutiérrez, Kamala, Gutiérrez, Donald Trump's, Hillary Clinton's, Hillary, Trump, Joe, Biden, Harris — Organizations: Service, Business, Shippensburg University, Democratic, Biden, CNN, Labor, Howard University, Trump Locations: Chicago

☆ Ukraine finally sends F-16s into the battle against Russia — but they might not be a game-changer
▼ + stars: | 2024-08-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Flanked by another two of the U.S.-made combat aircraft, Zelenskyy announced on Sunday that the country's air force had already started operations using the warplanes against Russia. A number of Ukraine's European allies have pledged to send F-16s to Ukraine, and the first batch arrived in the country in late July. Russia has dismissed the supply of F-16s, with Kremlin Spokesman Dmitry Peskov saying last Thursday that Russian forces were prepared to shoot down the F-16 jets. The first General Dynamics F-16 Fighting Falcon received by Ukraine is seen on the Day of Ukrainian Air Force on August 4, 2024 in Unspecified, Ukraine. "The jets will considerably enhance Ukraine's ability to prevent Russian pilots entering Ukrainian air space, and can also target Russian cruise missiles in flight.

Persons: Ukraine Volodymyr Zelensky, Volodymyr Zelenskyy, Zelenskyy, Ukraine's, Ukraine Volodymyr Zelenskyi, Vitalii, Antony Blinken, Dmitry Peskov, Peskov, Mykola Bielieskov, Bielieskov Organizations: Falcons, Dynamics, Anadolu, Getty, Ukraine's Air Forces, Ukrainian, Ukrainian Air Force, Anadolu Agency, NATO, Defense, National Institute for Strategic Studies, Fighting Falcons, Ukraine Locations: Ukraine, Russia, U.S, Denmark, Netherlands, Belgium, Norway, States, USSR, Kyiv, Ukrainian

☆ Taiwan under pressure to bolster its defense as Trump-Harris presidential race stokes policy concerns
▼ + stars: | 2024-08-05 | by ( Dylan Butts | ) www.cnbc.com time to read: +6 min

Taiwan President Lai Ching-te claps while he visits a military camp in Taoyuan, Taiwan May 23, 2024. While Biden has, on several occasions, stated the U.S. would come to Taiwan's defense, Trump has opted for "strategic ambiguity," Naggy added. According to analysts, she is expected to remain somewhat consistent with Biden's agenda and foreign policy. As vice president, Harris has expressed support for Taiwan and met with the island's new leader, Lai Ching-te, in 2022. However, she would come into office with significantly less foreign policy experience than President Biden.

Persons: Lai Ching, Ann Wang, Lin Chia, Donald Trump, Trump, Trump's, Joe Biden, Kamala Harris, Biden, Stephen Naggy, Naggy, Xi Jinping, Lu, Chung Weng, Muhammad Faizal, Richard Heydarian, Harris, Tina Fordham, CNBC's, Dewardric McNeal, McNeal, Lai, Ava Shen, Tsai Ing Organizations: Reuters, International Christian University, Sam Houston State University, Rajaratnam, of International Studies, Trump, CNBC, University of the, Fordham Global Foresight, Longview Global, Biden, Eurasia Group, Democratic Progressive Party Locations: Taiwan, Taoyuan, Reuters Taiwan, China, Taipei, Tokyo, Japan, U.S, Singapore, University of the Philippines, Beijing, Washington

☆ Suni Lee wins bronze in uneven bars; Kaylia Nemour earns Africa's first gymnastics medal
▼ + stars: | 2024-08-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kaetlyn-Liddy-Byline-Jm.Jpg | Kaetlyn Liddy | ) www.nbcnews.com time to read: +3 min

Suni Lee held down the fort as the only American in Sunday's uneven bars final, earning a bronze and successfully defending her podium finish in Tokyo. Lee had very specific goals in mind for her Olympic encore: a team gold medal, an all-around podium finish, a bars medal and a gold medal on the balance beam. Her gold is the country's first Olympic medal in gymnastics and the first Olympic gymnastics medal for an African nation. The conflict involved contentions over where the uneven bars prodigy would train and allegations that Nemour’s coach was overworking the 17-year-old. Lee and Simone Biles will contend for a beam medal Monday, which is the final day of gymnastics in Paris.

Persons: Suni Lee, Kaylia Nemour, Qiu Qiyuan, Lee, Simone Biles, she's, ” Lee, “, finals.Belgium’s Nina Derwael Organizations: Olympic Games, Nemour, Paris, Games Locations: Tokyo, China, Paris, France, Algeria, French

For Love & Money is a weekly Business Insider column answering relationship and money questions. Write to For Love & Money using this Google form. With the right travel rewards credit card, you can earn points that can go towards your next big trip. If you pay off bills with a portion of your inheritance, use your travel card to do it and earn those sign-on bonuses. Then, once you've reached your destination, use your card for all your purchases and allow your travel now to pay for your travel later.

Persons: —, Smart, Justin Rush, Rush, Mona Lisa, you've, it's, That's, doesn't Organizations: Service, TED, Facebook Locations: Tanzania, Fiji

☆ Hamas May Emerge Battered, but Not Beaten, From Israel’s Latest Blows
▼ + stars: | 2024-08-04 | by ( Erika Solomon | ) www.nytimes.com time to read: +1 min

First came the death of its top leader abroad, Ismail Haniyeh, by a bomb planted in Tehran. Then came Israel’s announcement that, only weeks earlier, it had killed Hamas’s most elusive and revered military leader. All of this as Israel continues to wage the deadliest war Palestinians in the Hamas-ruled Gaza Strip have ever faced. At first tally, the latest score in the 30-year struggle between Israel and Hamas looks like a devastating one for the Islamist movement, one that throws its future into question. Analysts and regional observers in contact with Hamas leaders see the latest blows it has suffered — including Mr. Haniyeh’s assassination, widely believed to be at Israel’s hand — as offering Israeli forces a short-term victory at the cost of long-term strategic success.

Persons: Ismail Haniyeh, Haniyeh’s Locations: Tehran, Israel, Gaza

☆ Japan's latest strategy review names the growing threats it faces
▼ + stars: | 2024-08-04 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Japan's newest strategic review names China, North Korea and Russia as threats to Japanese security. Clearer explanations of the threats to Japan's national security will prove critical as the government seeks public support for an ambitious defense spending plan." The review is part of a reconsideration of Japan's needs in the face of growing threats from its well-armed neighbors, especially China. China has "conducted joint bomber flights and naval navigations with Russia in the vicinity of Japan," the paper said. AdvertisementBesides external threats and new equipment, the paper highlighted a critical need for the Japan Self-Defense Forces: more people.

Persons: Nicholas Szechenyi, Ryo Hinata, Michael Peck Organizations: Service, Business, Center for Strategic, International Studies, Ministry of Defense, South China, Japan Self - Defense Forces, Forum, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, North Korea, Russia, Japan, South China, South, Korea, Yamaguchi, Honolulu, Forbes

Seoul, South Korea CNN —North Korea claims it is sending 250 new tactical ballistic missile launchers toward its border with South Korea, in the latest bellicose declaration by leader Kim Jong Un against its neighbor. Photographs published by the North Korean state newspaper Rodong Sinmun showed what appears to be vehicle-based missile launchers, with dozens of large green military trucks lined up in neat rows before Kim. Kim personally oversaw the transfer of equipment to military commanders and chiefs of staff, and delivered a speech claiming the new missile launchers were built with North Korean technology, state media reported. In response to the North Korean buildup, the US and South Korea – along with Japan – have stepped up their military cooperation via exercises and deployments that Pyongyang sees as a threat. There have been at least three incidents of South Korea firing warning shots since May after North Korean military personnel crossed the demarcation line, the midpoint of the Demilitarized Zone between the two countries.

Persons: Kim Jong Un, Sinmun, Kim, ” Kim, Joseph Dempsey, “ Organizations: South Korea CNN, North, International Institute for Strategic Studies, South Korea –, North Korean Locations: Seoul, South Korea, Korea, North Korean, Korean, North Korea, North, Pyongyang, Russia, Washington, Japan

☆ Top Wall Street analysts like these 3 stocks for long-term prospects
▼ + stars: | 2024-08-04 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Instead, they should consider the recommendations of top Wall Street analysts, who perform an in-depth analysis of a company's fundamentals so they can highlight stocks with solid long-term growth potential. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. However, the growth in YouTube advertising revenue slowed down in the quarter and missed analysts' expectations. Following the results, BMO Capital analyst Brian Pitz reiterated a buy rating on GOOGL stock with a price target of $222. (See ServiceNow Stock Charts on TipRanks)Travel + LeisureThis week's third stock is Travel + Leisure (TNL), a membership and leisure travel company.

Persons: Brian Pitz, Pitz, TipRanks, ServiceNow, Goldman Sachs, Kash Rangan, ServiceNow's, Ivan Feinseth, Feinseth, TNL Organizations: Wall Street, BMO Capital, BMO, YouTube, Tigress, Sports Illustrated Resorts Locations: TipRanks

☆ Vietnam’s president is confirmed as the new Communist Party chief — the country’s most powerful role
▼ + stars: | 2024-08-03 | 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: +2 min

PHNOM PENH, Cambodia — Vietnamese President To Lam was confirmed Saturday as the new chief of the Communist Party after his predecessor died July 19. Lam will be the general secretary of the Communist Party of Vietnam, the country’s most powerful political role, state media said. The previous general secretary, Nguyen Phu Trong, dominated Vietnamese politics since he became party chief in 2011. He was elected to a third term as general secretary in 2021. Giang said the party will vote for the general secretary again in 2026, and Lam’s performance will be a factor.

Persons: Lam, Nguyen Phu Trong, ” Lam, Trong, Nguyen Khac Giang, – Yusof, Giang, ” Organizations: Communist Party, Communist Party of Vietnam, Ministry of Public Security, Vietnam Studies Locations: PHNOM PENH, Cambodia

More than in any other foreign arena, Vance has sought to echo Trump on the Ukraine war. In doing so, he emphasized the thick vein of “scarcity politics” that runs through his foreign policy, arguing that the U.S. can’t equip Ukraine with enough materiel to hold back an opponent as vast as Russia. Vance described Ukraine ceding territory to Vladimir Putin as being in “America’s best interest” while appearing more supportive than Trump of remaining in NATO. The foreign policy views of Pence, vice president when Trump was in office, while not loved by everyone, were at least “mature” — they were informed by several terms experiencing the consequences of foreign policy becoming reality, according to Daniel Kurtzer, a former U.S. ambassador to Israel and now a professor at Princeton. Vance, on the other hand, brings “no foreign policy experience, certainly no expertise,” Kurtzer says, and he will fall in behind his boss when needed.

Persons: JD Vance, Donald Trump, ”, “, Vance, Clayton Allen, —, Anna Moneymaker, Trump, Bronwen Maddox, “ He’s, ” Allen, Biden, Vladimir Putin, Chatham House’s Maddox, Joe Biden, ” Vance, Patrick Baz, doesn’t, William Ruger, Israel, — Trump, Jair Bolsonaro, Viktor Orban, ” Trump, Stephen Maturen, Vance “, Dick, Cheney ”, George W, Allen, Hitler, Mike Pence, Pence, Daniel Kurtzer, ” Kurtzer, Benjamin Netanyahu, Charles Hollis, Hollis, Trump’s, ’ ”, Maddox, Grover Cleveland Organizations: Marines, Yale Law School, Gaza, Ohio, GOP, Eurasia Group, Republican Party, NATO, Republican National Convention, Democrat, Republicans, NAFTA, China, Getty, American Institute for Economic Research, Kremlin, Bloomberg, Trump, Princeton, United, Aperio Intelligence Locations: Iraq, U.S, Ukraine, Sierra Vista, London, Kyiv, Russia, lockstep, Europe, Mexico, Baghdad’s, Owerij, Ohio, Pennsylvania, Michigan, Great Barrington , Massachusetts, Ukrainian, Taiwan, “, St Cloud, Minn, Israel, China, Gaza, Saudi Arabia, Iran, United States, Montezuma, Canada

☆ Activist Anson Funds may have spotted a huge opportunity for value in Five9
▼ + stars: | 2024-08-03 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

Business: Five9 provides intelligent cloud software for contact centers in the United States and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales and marketing functions. Five9 is a cloud-based contact center software provider empowering clients with solutions for customer service, sales and marketing. It is a developer and provider of AI contact center solutions that augment or replace human beings often at more than double the price. As an independent company, Five9 has a tremendous opportunity for value.

Persons: Anson, Moez Kassam, Sagar Gupta, InContact, Five9, Mike Burkland, Ken Squire Organizations: Legion Partners, Nice, Five9, 13D Locations: United States

☆ The 'hushed hybrid' work schedule is the latest way employees are getting around a return to the office
▼ + stars: | 2024-08-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

It's called working a "hushed hybrid" schedule, and unlike other forms of sneakily evading a return to the office, you actually want — no, need — your boss to know about this one to make it work. Hushed hybrid refers to employees working from home more often than companywide policies would otherwise permit them to, thanks to the flexibility of their managers. AdvertisementWhile some workers could benefit from working "hushed hybrid," uneven enforcement of work policies could raise questions of favoritism. That could help eliminate the need for "hushed hybrid" working. Depending on how companies track attendance at the office, some managers may not be able to cover up for their employees' remote work.

Persons: —, Shelley Majors, Hatim Rahman, Rahman, Majors Organizations: Service, Business, Boardwalk HR, Northwestern University's Kellogg School of Management

☆ In the battle between Kamala Harris and Donald Trump, clothing says a lot
▼ + stars: | 2024-08-03 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +8 min

Read previewIf Vice President Kamala Harris and former President Donald Trump ever stand next to one another on the debate stage, viewers watching from their living rooms will notice — even if subconsciously — what the two candidates are wearing. AdvertisementTrump has tailored the traditional masculine suit to fit both his body and his brand. Guy said that Trump often wears navy blue Brioni suits, which are reminiscent of 1980s power silhouettes. Related storiesTrump's campaign celebrated his styling choices, as spokesperson Steven Cheung said, "President Trump has the most style of any President in history." Given his background in reality television, Saha said that Trump understands the game of quick visual communication and knows that clothing can send signals about values.

Persons: —, Kamala Harris, Donald Trump, Joe Biden, Harris, Derek Guy, Guy, Trump, Sparsha Saha, Shauna Shames, Shames, Steven Cheung, pantsuits, Manolo, she'll, Saha, Joseph Altuzarra, It's, Rachel Tashjian, I've Organizations: Service, Democratic, Business, Trump, Harvard, Rutgers University, Converse, New York Times, Vogue, Republican, Washington Post Locations: American, Washington

☆ Ukraine pushed Russia's Black Sea Fleet out of Crimea but retaking the peninsula will be incredibly hard
▼ + stars: | 2024-08-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +10 min

Read previewUkraine has dealt a massive blow to Russia's Black Sea Fleet in Crimea. Russia has retained control of Crimea since invading and annexing the peninsula in 2014 and secured Sevastopol as the headquarters for its Black Sea Fleet. Related stories"Without an amphibious naval force to land in Crimea, how can Ukraine project enough troops onto the peninsula to claim its control?" Ukraine has resorted to hitting Russia's air defenses in Crimea with missiles and long-range weapons, including US-supplied Army Tactical Missile Systems, known as ATACMS. "Even with F-16s, I don't think Ukraine has the ability to provide its ground forces effective close air support, given Russian air defense capability," he told BI.

Persons: —, steeled, Mark Cancian, who's, Basil Germond, Ulf Mauder, Cancian, Mark Temnycky, Ukraine's, Mikhail Razvozhaev, Temnycky, Benjamin Friedman, VIKTOR KOROTAYEV, Sergej Sumlenny, Sumlenny, Operation Barbarossa, Friedman Organizations: Service, Business, US Marine, Center for Strategic, International Studies, Lancaster University, Getty, Council's Eurasia Center, Ukraine, Army Tactical Missile Systems, The Institute, Defense, Resilience Initiative, Soviet Union's Red Army, Russians, Red Army, Soviet Union —, Soviet Union Locations: Ukraine, Crimea, Russia, Sevastopol, Russian, Kerch, Feodosia, Novorossiysk, Kherson, Ukrainian, Pereko, Suvorikin, Soviet, Soviet Union, Operation, Soviet Ukraine, Pereko —

That level of intensity in a short period of time necessitated a crew of hardened professionals, several sources with knowledge of Harris' strategy said. Next week, a major campaign swing, then the convention and then it’s the debate,” one person with knowledge of Harris’ strategy said. Mitch Stewart will act as a senior adviser on battleground states, and Palmieri will serve as senior adviser to the second gentleman. “In Wisconsin, we have had more online volunteer sign-ups since July 21st than between January 1st and July 20th,” a Harris campaign aide said. “That’s a game-changer to a ground game in a small state like Nevada,” Molly Forgey, a Nevada Democratic strategist, said.

Persons: Kamala Harris ’, David Plouffe, Barack Obama’s, Stephanie Cutter, Jennifer Palmieri —, Harris, Joe Biden’s, Mike Donilon, Steve Ricchetti, Obama, Mitch Stewart, Palmieri, Brian Fallon —, ”, Pete Giangreco, Biden, Trump, “, Cutter, Jen O’Malley Dillon, Julie Rodriguez, “ Harris, Molly Forgey, Forgey, there’s, —, Chris Korge, he's Organizations: Democratic, White, Trump, “, Democratic National Committee, Democratic Congressional, Committee, ”, Nevada Democratic Locations: “, Arizona, Nevada, Wisconsin, “ In Wisconsin, Philadelphia, ” In Nevada

☆ Can Venezuela's political crisis affect migration and U.S. politics?
▼ + stars: | 2024-08-02 | by ( Juliana Jiménez J. | Juliana Jiménez J. Is A Reporter For Noticias Telemundo. | ) www.nbcnews.com time to read: +8 min

After 25 years of autocratic rule, a significant portion of Venezuelans in the country and in exile had enormous expectations of change. But of “those millions who have emigrated from Venezuela, criminals are the minority,” he said. In addition, experts on Venezuela told Noticias Telemundo that there is no evidence of a state policy aimed at sending criminals to other countries. The Trump campaign has also stated that Kamala Harris is “intentionally importing millions of illegals in hopes of turning them into Democratic voters,” which is also false. “The campaign does not comment on hypothetical situations,” Florez said, adding that “the Republican National Committee’s statement is identical to that of the Trump campaign."

Persons: Edmundo González Urrutia, Antony Blinken, Edmundo Gonzalez Urrutia, Maria Corina Machado, Federico Parra, Nicolás, hasn’t, Vedant Patel, Maduro, Ryan C, Berg, Mike Johnston, Jon Ewing, Alayna Alvarez, Ewing, Joe Biden, Biden, Trump, ”, José Antonio Ibarra, Laken Riley, “, Ronna Rísquez, Carlos Nieto, ” Nieto, Kamala Harris, Jaime Florez, ” Florez, Harris, “ Harris, ” Casado, Eduardo Gamarra Organizations: United Nations, Refugees, Monday, U.S . State Department, National Electoral Committee, Americas, Center for Strategic, International Studies, Pew Research, TPS, Denver Human Services, U.S, NBC News, Republican National Convention, Venezuelan, of, Victims Monitor, Noticias Telemundo, Democratic, Immigrants, Trump, Republican National Committee, Republican National, Biden, Florida International University Locations: Venezuela, U.S, Venezuelan, Caracas, AFP, United States, —, Denver, Colorado, Mexico, Georgia, Milwaukee, Latin America, Florida

Officials quickly moved to tailor the Chicago convention to Harris with only four weeks, in part drawing from the 2008 convention when Barack Obama accepted the nomination given the historic candidacy of Harris herself. Nominee acceptance speeches for the convention, which begins the week of August 19, are currently scheduled for that Wednesday and Thursday night, according to convention officials. Hollywood gets on boardThe Hollywood community is clamoring to support Harris at the DNC, according to numerous agents, publicists and Democratic strategists who spoke to CNN. No performers have been set yet, though various representatives for musicians have been in talks with the Harris campaign, according to two sources. For instance, besides Megan Thee Stallion’s performance at her Atlanta rally earlier this week, Harris had the support of the rapper Quavo, who spoke about gun violence prevention.

Persons: Joe Biden, Kamala Harris, Harris, Barack Obama, “, Biden, “ I’m, ”, there’s, She’s, Megan Thee, Donald Trump, Matt Hill, Donald Trump’s, Biden —, —, Biden’s, Bill Clinton, Clinton, Al, Quavo, Kid, Hulk Hogan, Hillary, Hillary Clinton, they’re Organizations: CNN, Democratic National Convention, Trump, Democratic Party, Democratic, ” Democratic National, Hollywood, Atlanta, Black, DNC, Republicans Locations: Chicago, Atlanta, who’s, America, Al Gore

With nearly three-fourths of the S & P 500 reporting second-quarter results, the earnings picture for the back half of the year is looking unusually complicated. It's been a 'meh' quarter so far We have the usual beat on bottom-line earnings, but revenue beats are below expectations. Most companies are beating on earnings estimates but are declining to hike full-year guidance beyond the beat. Plenty of complaints about a slowing China consumer A weak China economy has been a significant headwind for a number of global companies this season. Procter & Gamble's China sales tumbled 8% from a year ago as consumer spending slowed.

Persons: It's, Sherwin, Williams, Lockheed Martin, Chipotle, Isaac, CDW, Clorox, – Hershey, Kraft Heinz, Mondelez, General Mills, Smucker, McDonald's, Wendy's, Bob, Wyndham, Mills, Marriott, LVMH, haven't Organizations: GE Aerospace, Hasbro, Lockheed, Verizon, Mattel, IBM, Juniper Networks, Enphase Energy, NXP Semiconductors, Accenture, Oracle, Procter, Gamble, PepsiCo, ConAgra Brands, Bank of America, MGM Resorts, Comcast, Marriott, Airlines, Allegiant, Ryanair, Gamble's, Starbucks, Visa, Nike, Vegas Sands Locations: J.M, Atlantic City, China, Gamble's China, Greater China, Japan, Macao, Marina, Sands, Singapore

☆ Battle for Lashio: Civilians caught in the crossfire as rebels claim major victory over Myanmar’s junta
▼ + stars: | 2024-08-02 | by ( Helen Regan | Angus Watson | ) edition.cnn.com time to read: +12 min

Displaced people fleeing fighting in Lashio try to cross the flooded road to Taunggyi in Myanmar's northern Shan state on July 9, 2024. For Lashio to fall, “it basically eliminates the junta as an effective organized force from a huge part of the country,” Ruser said. The road on the way was badly damaged,” he said as he traveled to Taunggyi, the Shan state capital some nine hours south of Lashio. People queue for food at a monastery turned temporary shelter for internally displaced people in Lashio, Shan state on November 15, 2023. There were also reports in local media that the junta had ordered its staff to leave Lashio as fighting got closer.

Persons: Khin, ” Khin Swe, ”, “, Lashio “, Zaw Min Tun, Lashio, Stringer, Nathan Ruser, ” Ruser, Swe, Khin Swe, –, Arakan Army –, “ They’re, Miemie Winn Byrd, Daniel K, Inouye, ” Byrd, “ I’m, Min Aung, I’m, they’re Organizations: CNN, Northeastern Military Command, Myanmar National Democratic Alliance Army, Junta, Getty, Analysts, Australian Strategic Policy Institute, “ Artillery, Facebook, Rebels, Three Brotherhood Alliance, People’s Defence Force, National Liberation Army, Arakan Army, US Army, Pacific Center for Security, Brotherhood Alliance Locations: Myanmar, Lashio, Shan, Zaw, Taunggyi, AFP, Zin Ann, Hsipaw, Mandalay, Arakan, Inouye Asia

☆ 2 renowned strategists say the US should defend Taiwan with nuclear strikes. Experts say such talk is just a taste of what's to come.
▼ + stars: | 2024-08-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +13 min

The US once floated nuclear retaliation in 1958 if China invaded Taiwan, and stationed nuclear weapons on the island until 1974. It would essentially tell Beijing that an invasion of the island risks nuclear war, he said. "What's the benefit of reassuring Xi that our nuclear weapons are not relevant?" "So relatively low-yield nuclear weapons could destroy that amphibious force and do little to no collateral damage onshore in Taiwan." He added that threatening war — much less nuclear war — over Taiwan would be deeply unpopular at home.

Persons: —, David Kearn, Kearn, — he'd, Greg Weaver, Weaver, Obama, Matthew Kroenig, James Acton, Greg, Matt, Kroenig, Lyle Goldstein, Goldstein, we're, Acton, Francesca Giovannini, Giovannini, Xi Jinping, Xi, It's, Marshall Billingslea, Billingslea, Rebeccah Heinrichs, Jake Werner Organizations: Service, John's, Atlantic Council, Pentagon, Business, RAND, US Defense, Joint Chiefs of Staff, Defense Department, Nuclear, Carnegie Endowment, International, China Initiative, Brown University, International Peace, Harvard University's Kennedy, Georgetown University, US State Department, Hudson, Keystone Defense Initiative, Kroenig, East Asia, Quincy Institute, Responsible, Johns University Locations: St, Taiwan, China, Beijing, Washington, Korea, Japan, Taiwan Strait, Washington , DC, Guam, South China, Russia, United States, Bejing, South Korea

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Amazon, Intel, Morgan Stanley, Square, Coinbase, Lululemon and more
▼ + stars: | 2024-08-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Wells Fargo downgrades Morgan Stanley to underweight from equal weight Wells Fargo downgraded Morgan Stanley and said the "upward premium re-rating seems over." Morgan Stanley initiates Lionsgate Studios at overweight Morgan Stanley said it's bullish on shares of the movie studio company. Morgan Stanley reiterates Tesla as a top pick Morgan Stanley said it's standing by the stock following an analysis of July auto sales. Morgan Stanley upgrades Mobileye to equal weight from underweight Morgan Stanley said the risk/reward is more balanced for the auto supply tech company. " Morgan Stanley reiterates Nvidia as overweight Morgan Stanley says it's sticking with its overweight rating on the AI chipmaker.

Persons: Goldman Sachs, Goldman, Morgan Stanley, Apple, Q, Gildan, Wells, downgrades Morgan Stanley, it's, TD, TD Cowen, Cowen, Raymond James downgrades Crocs, Raymond James, CROX, Oppenheimer, Tesla, Rosenblatt, Lululemon, LULU, K's Organizations: TEAM, Apple Intelligence, Barclays, Deutsche Bank, Amazon, Big Cap Tech, Stifel, Bank of American, Bank of America, Lionsgate, Lionsgate Studios, Intel, of America, TD Cowen, Dynamics, U.S, EV, 7M, UBS downgrades, UBS, Nvidia Locations: California, USA

☆ Why CTOs have the biggest job on Wall Street right now. Tech leaders from Goldman and Citadel open up about how the job is evolving in the age of AI.
▼ + stars: | 2024-08-02 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

"The most powerful part of the AI story thus far is the chief technology officer, chief information officer," Griffin said at the Milken Global Institute. At the most profitable hedge fund of all time, that person is Umesh Subramanian, Citadel's chief technology officer. But in the age of generative AI, the role of the CTO has evolved into something that reaches far beyond the back office. Nearly two years after OpenAI introduced ChatGPT, finance firms are still trying to figure out the best ways to leverage generative AI for their own businesses and workers. Related stories"The level of investment right now in AI, trickling down the whole value chain, is no longer only a technology investment," Argenti said.

Persons: —, Ken Griffin, Griffin, They've, Subramanian, OpenAI, it's, Andrew Chin, AllianceBernstein, Goldman Sachs, Marco Argenti, Chin, Wells, Bridget Engle, Engle, Keri Smith, Argenti, Citadel's Subramanian, Wall, Accenture's Smith, AllianceBernstein's Chin, Goldman's Argenti Organizations: Service, Citadel, Milken Global Institute, Business, BNY Mellon, Goldman, Amazon Web Services, Management, Accenture, Tech, Wall Locations: Wall

☆ Oil set to fall for fourth week as demand concerns weigh on sentiment
▼ + stars: | 2024-08-02 | by ( ) www.cnbc.com time to read: +2 min

Brent crude futures gained 33 cents, or 0.4%, to $79.85 a barrel by 0020 GMT, after falling 1.5% in the previous session, while U.S. West Texas Intermediate crude futures rose 38 cents, or 0.5%, to $76.69, after a 2.1% drop on Thursday. On a weekly basis, Brent futures are on track to fall 1.7%, while WTI futures are set to drop 1.1%. "Markets continue to remain wary of Chinese oil demand after June data came in weaker-than-expected," analysts at consultancy firm FGE said. Asia's crude oil imports dropped to the lowest in two years in July on weak demand in China and India, according to data compiled by LSEG Oil Research. Still, the outlook for Chinese crude oil imports is brightening, FGE analysts noted, citing an increase in strategic purchases and a recovery in refining rates in the country.

Persons: Brent, FGE Organizations: Brent, U.S, West Texas, LSEG Oil Research Locations: Long Beach , California, United States, Europe, Asia, China, India, Iran, Israel

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