Month: June 2024
Boeing and NASA call off Starliner crew launch minutes before liftoff
[The livestream started at 8:15 a.m. ET. Please refresh the page if you do not see the video player above.] Boeing‘s first Starliner flight with astronauts on board was called off in the final minutes on Saturday. The cause of the launch delay was not immediately announced. The company was targeting a launch on June […]
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Japanese billionaire Maezawa cancels moon flyby mission
Japanese billionaire entrepreneur Yusaku Maezawa speaks at SpaceX’s headquarters in Hawthorne, California. Michael Sheetz | CNBC Japanese billionaire Yusaku Maezawa cancelled his “dearMoon” mission, which the project said would have been the first private flight around the moon, the mission announced on Saturday. The team had originally aimed to make the circumlunar flight with celebrities […]
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The SEC ruling on Ethereum ETFs could mark a historic shift in crypto investing
VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. “This is really one of the most amazing things that I’ve seen in my career with respect to securities regulation,” van Eck […]
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The following generation of the ‘Internet of Bodies’ could meld tech and human bodies together
The upcoming era of the “Online of Bodies,” or IOB, could carry technological gadgets and the human overall body closer together than at any time prior to. Tutorial and author Andrea M. Matwyshyn, who coined the expression in 2016, describes it as “a community of human bodies whose integrity and functionality rely at the very […]
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Modi’s BJP-led alliance projected to win parliamentary majority in India’s election, exit polls show
Indian Prime Minister Narendra Modi addresses a public meeting at Jerenga Pathar in the Sivasagar district of India’s Assam state on Jan. 23, 2021. Biju Boro | AFP | Getty Images India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on Saturday suggested his Bharatiya […]
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Italy is bracing for a record wave of tourists, but is having trouble handling them
Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Venice collected €37 million in overnight tourist taxes in 2023, with hotels charging guests anywhere between €1 and €5. Nathan Laine | Bloomberg | Getty Images Bellagio, Lake Como, Italy — When boat drivers start complaining about the tourists overrunning this famous lakeside […]
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Bitcoin investors see sideways trading in June as focus turns to Washington
Markets are nearing the official start of summer, but bitcoin may languish in June. The flagship cryptocurrency jumped 13% in May, according to Coin Metrics, its eighth monthly gain in the past nine months and its best month since February, when it soared 44%. That’s thanks to last week’s ether-led rally ahead of the SEC’s […]
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Buy stocks like Nvidia and Apple, which have plenty of upside potential, Bank of America says
Further upside is in the cards for a slate of stocks, including Nvidia , according to Bank of America. The firm recently called out big-name stocks that it says are worth snapping up — and that includes the artificial intelligence darling, which has seen its shares more than double in 2024. CNBC Pro combed through […]
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Software stocks got pummeled this week after a cluster of troubling earnings reports
Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings call that generative artificial intelligence has been “a competing priority” for customers. Add it all up and it was a brutal week for software and […]
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Why the price of chocolate’s key ingredient skyrocketed in 2024
Chocolate’s key ingredient has soared in commodities markets throughout 2024. Spot prices for cocoa began the year around $4,200 an ounce, then hit an all-time high of more than $12,000 an ounce in late April before settling above $9,000. Factors such as crop disease, El Niño, farm-gate prices and market speculation all played big roles […]
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