(Reuters) -The U.S. Centers for Disease Control and Prevention will issue its second-highest level of travel notice for Rwanda, recommending people to avoid nonessential travel due to the Marburg disease outbreak in the east African country, the U.S. government said on Monday. The CDC will start screening for travelers entering the United States who have been in Rwanda in the past 21 days, the U.S. Department of Health and Human Services said. Last week, the agency issued its “level 2” travel notice for Rwanda, urging enhanced precautions for those traveling to the country. Rwanda’s first outbreak of the Ebola-like disease…
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Annabelle Chih / Bloomberg / Getty Images Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024Key TakeawaysSuper Micro Computer shares surged Monday as the server maker reported strong shipments of its GPUs, driven by artificial intelligence (AI) demand.The server maker said it recently deployed 100,000 GPUs. with its liquid cooling technology to “some of the largest” AI factories.CEO Charles Liang said “state-of-the-art” data center operators are turning to Super Micro Computer’s products to meet their technical and financial goals.Super Micro Computer (SMCI) shares soared Monday as the server maker reported strong shipments…
Once a vocal champion of all electric vehicles, Volvo has recently tempered its ambitious goals. While the Swedish automaker has introduced several electric models, including the EX30 and EX90, it has also reintroduced some gasoline powered vehicles in response to market demand. This strategic shift reflects Volvo’s efforts to balance its commitment to electric car with the realities of the market, where consumer preferences and regulatory pressures continue to evolve. Volvo Adapts Electric Strategy While Introducing New Gasoline Models (Volvo) As Volvo seeks to expand its electric vehicle lineup, it is developing new models based on its advanced SPA3 architecture.…
On Monday, Piper Sandler adjusted its price target for Rocket Companies Inc. (NYSE:RKT), a large player in the mortgage lending industry, to $17.00, up from the previous target of $16.00. The firm has maintained a Neutral rating on the stock. The revision in the price target comes as Piper Sandler’s analysis indicates an anticipated increase in operating earnings per share (EPS) for the third quarter of 2024. The firm now expects an operating EPS of $0.09, a slight rise from the earlier forecast of $0.08. This change reflects a higher demand in the mortgage sector, as evidenced by the Mortgage…
The KC-10 Extender, a derivative of the McDonnell Douglas DC-10, has been a cornerstone of the U.S. Air Force for decades. Powered by three General Electric turbofan engines, it boasts a remarkable fuel capacity of 356,000 pounds, twice that of its predecessor, the KC-135 Stratotanker. Originally designed as an aerial tanker, the Extender’s versatility has allowed it to serve in various roles, including personnel airlift, cargo transport, and disaster relief. Its ability to refuel other aircraft mid-air has been instrumental in extending the range and endurance of fighter jets, bombers, and other military aircraft, enabling them to carry out missions…
The U.S. Marine Corps has recently demonstrated the potential of drone crewed aircraft collaboration. The XQ-58A Valkyrie, a stealthy drone capable of high speeds and long ranges, was integrated with Link-16 technology, allowing for real time data sharing with other military units. This marks a significant step towards a future where drones play a vital role in coordinated military operations. The Valkyrie, developed by defense contractor Kratos, is designed to operate independently, in swarms, or support of crewed aircraft. Its advanced capabilities, including a high-speed cruise missile profile, long range endurance, and internal weapons bays, make it a valuable asset…
Image source: Getty Images I think these FTSE 250 stocks could be too cheap to miss today. Here’s why. Home comforts Housebuilders like Bellway (LSE:BWY) have surged in value in 2024, with falling interest rates and improving buyer confidence helping home sales rebound from recent troughs. Encouragingly this upward trend remains in tact. According to Halifax today (7 October), the UK average house price reached £293,399 in September. This was just below the record peak of £293,507 struck before the housing market slumped around two years ago. Prices are flying again due to dropping mortgage costs and good wage growth.…
The 10-year Treasury yield, a benchmark for mortgages and car loans, jumped back above 4% on Monday amid stronger labor market readings and despite the start of a Federal Reserve rate-cutting campaign last month.The 10-year yield was up more than 3 basis points to 4.01%, its highest since early August and a big turnaround from its 2024 low of around 3.58% reached a little more than a month ago. The yield on the 2-year Treasury was up 4 basis points to 3.97%. Yields move inversely to prices. One basis point equals 0.01%.Stock Chart IconStock chart iconU.S. Treasury 10-year yield, YTDTreasury…
Super Micro Computer (NASDAQ: SMCI) stock has been under pressure for the last several months. But an update from the company had shares soaring today. Investors have been concerned about dropping profit margins, questions about accounting practices, and the delay in Supermicro filing its 10-K annual report. However, the company says sales are still robust.Those issues have sent the stock down by 44% over the past three months. That said, today’s update helped move shares higher by as much as nearly 18%. As of 12:30 p.m. ET, Supermicro stock was still up by 13.8%.Stock-split momentumSupermicro supplies server and storage system…
General Motors has shifted its focus away from passenger cars, leading to a dwindling lineup. While this has resulted in the discontinuation of models like the Chevy Camaro and Malibu, the remaining vehicles are among the best in their class. The company has implemented cost cutting measures, such as discontinuing the sixth generation Camaro and focusing on the more profitable C8 Corvette. Similarly, the Chevy Malibu was discontinued due to its low profit margins. Cadillac’s CT4 has not been updated to match the refreshed CT5 series, and only the high-end CT5-V and Blackwing models will remain. To fill the void…