Share to Twitter Share to Linkedin Scientists using the James Webb Space Telescope have done something incredible by measuring the temperature of rocky exoplanet TRAPPIST-1b. Astronomers are desperate to explore smaller, rockier and more Earth-like planets such as those in the TRAPPIST-1 system, where seven rocky planets orbit a red dwarf (M) star about 40 light years distant in the constellation Aquarius. All are similar in size, mass, density, and stellar heating to the rocky planets Venus, Earth, and Mars in our own solar system. TRAPPIST-1 b, the innermost planet, has an orbital distance about one hundredth that of Earth’s and receives about four times the amount of energy that Earth gets from the Sun. TRAPPIST-1 has been dubbed a “Solar System 2.0,” but that might be about to change. Published in Nature this week, the detection of heat energy given off in the form of infrared light from a small, rocky planet much like those found in our own … [Read more...] about Earth-Sized Planet In ‘Solar System 2.0’ Has No Atmosphere, Says Webb Telescope
Green energy
Top Tech Stocks for April 2023
Daqo New Energy Corp., a maker of silicon and polysilicon products used primarily in solar energy applications, tops the list of stocks offering the best value in the tech sector heading into April. In the growth category, 3D printing firm Nano Dimension Ltd. leads the way, while chip testing provider Aehr Test Systems is the tech stock with the most momentum. In March, the U.S. Federal Reserve raised interest rates for the ninth time in a year. The latest increase comes in the midst of a banking crisis triggered by the collapse of tech-friendly Silicon Valley Bank and Signature Bank. Since tech companies are sensitive to higher interest rates, stocks in the sector have struggled throughout the Fed's anti-inflation campaign. Tech stocks, represented by the Technology Select Sector SPDR Fund ( XLK ), lost a tenth of their value in the past year, compared with a 14% drop in the Russell 1000 Index. Despite the challenging environment, the companies listed here are leading the … [Read more...] about Top Tech Stocks for April 2023
Tesla Cuts US Prices on Most Expensive Models
Key Takeaways Tesla lowered the prices of its most expensive models for the second time this year. The price cuts come just days after investors expressed disappointment the company didn't unveil a new model at last week's investor day. The average price for a new Tesla has fallen by half in the past five years; the least expensive models now account for 95% of sales. Other automakers could follow amid gloomy profit forecasts. Shares of Tesla fell as much as 2% today after the company reduced U.S. prices of its most expensive models. Tesla cut the prices of its Model S sedan by 5% to $89,990 from $94,990 and its Model X SUV by 9% to $99,990 from $109,990. The company also reduced the upscale Plaid versions of each model to $109,990, down $5,000 and $10,000, respectively. The price reductions came days after investors expressed disappointment that Tesla didn't unveil a lower-priced model at its first-ever investor day . They also follow cuts of up to 20% on … [Read more...] about Tesla Cuts US Prices on Most Expensive Models
European stocks get tech lift, UBS climbs on naming Ermotti as CEO
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 28, 2023. REUTERS/Staff/File photo European shares rose on Wednesday, echoing an upbeat mood in Asian markets following Chinese tech giant Alibaba’s break-up plans, while strong outlook from chipmaker Infineon and a CEO change at Swiss bank UBS further aided the mood. The benchmark STOXX 600 index rose 0.7 percent, largely in line with gains in Asian equities. UBS Group AG gained 1.7 percent after the lender announced that Sergio Ermotti will take the helm to steer its takeover of smaller peer Credit Suisse. Credit Suisse climbed 1.4 percent, while financial services and banking indexes rose between 0.8 percent and 1 percent. “I can see why the market has stabilized and it’s true that there are some slightly comforting factors. The Fed (bets) have been repriced down quite aggressively in the past few weeks and investor positioning is very defensive,” said Vincent Chaigneau, … [Read more...] about European stocks get tech lift, UBS climbs on naming Ermotti as CEO
Hyosung’s Cho Hyun-joon named CEO of the Year
Hyosung Group Chairman Cho Hyun-joon gives celebration remarks after he was named the CEO of the year Tuesday. [HYOSUNG] Hyosung CEO and Chairman Cho Hyun-joon was named CEO of the year, the energy company said Wednesday. Cho received the 38th CEO award, one of the top honors given to business leaders in Korea, for his contribution to the country’s economic growth and impact on the business ecosystem. The annual award, by the Korean Academic Society of Business Administration, is for entrepreneurs who contribute to the country’s national growth with great entrepreneurship and management skills. “Since his inauguration in 2017, Cho revamped the company’s business portfolio based on carbon neutrality,” the Korean Academic Society of Business Administration said. “Cho also contributed big to practice a “customer first” business principle this year, stressing customer-based management throughout all business activities,” it added. Cho, the grandson of the late Hyosung founder … [Read more...] about Hyosung’s Cho Hyun-joon named CEO of the Year
‘Out Of Touch Contempt’: Ted Cruz Mocks John Kerry For Defending Billionaires’ Private Jet Usage
Republican Texas Sen. Ted Cruz mocked Special Presidential Envoy for Climate John Kerry for defending billionaires who fly private jets to climate change summits. “Look, I gotta say, John Kerry embodies the rich out-of-touch contempt that today’s left has for working men and women,” Cruz said in the Monday episode of his podcast, “ Verdict with Ted Cruz .” (RELATED: ‘Disgraceful’: Ted Cruz Rips Into Biden’s DHS Secretary For Refusing To Say There’s A Border Crisis) “So if John Kerry believes what he’s saying, it means when John Kerry puts his privileged derriere on a private jet, he is destroying planet Earth and simply buying an indulgence of, ‘well, I sent a check to somebody else.’ It fixes it. And his comment, ‘These gazillionaires are doing more than most people I know.’ And I’ve said, ‘Really, you need to know.’ Like, like, it’s such dripping contempt,” Cruz continued. Kerry discussed the Biden administration’s climate initiatives in an interview with Yahoo … [Read more...] about ‘Out Of Touch Contempt’: Ted Cruz Mocks John Kerry For Defending Billionaires’ Private Jet Usage
BYD & Kuaishou Beat
Share to Twitter Share to Linkedin Key News Asian equities had a good day as Hong Kong outperformed while Mainland China was off slightly. Alibaba led the way as it jumped +12.23% on high volume as analysts updated their sum of the parts analysis (SOTP). Tencent gained +1.75% on high volume and strong buying from Mainland investors, Meituan closed higher by +4.01% on high volume and moderate buying from Mainland investors, JD.com finished at +1.92%, and BYD gained +3.12% on strong financial results and its net income jumping +400% year-over-year in another masterful move from Warren Buffet and Charlie Munger. BYD’s results, which beat on revenue, adjusted net income, and adjusted EPS, lifted the EV space with Xpeng HK +3.64%, Li Auto HK +4.59%, and Nio Auto HK +1.83%. Hong Kong short turnover jumped to 17% of total turnover though short turnover was highly concentrated in three Hong Kong listed ETFs while internet stocks had lower short turnover. … [Read more...] about BYD & Kuaishou Beat
The Answer To Whether I’m Too Old To Get Another Dog
Share to Twitter Share to Linkedin The Author Wasted No Time In Solving His Dilemma A couple of months ago I wrote an article questioning whether getting a dog at this point in my life is a good idea. While my wife and I strongly missed the companionship and unconditional love we got from our pets, our age, health status, and lifestyle were definitely considerations. We were free to travel without having to find a sitter, we didn’t have to rush home after dinner and a show to the poor pup to let him out of his crate. And we didn’t have expensive vet bills! I closed the article with the question of whether the dog we lost 6 months before that would be our last dog. That question — defining the problem — was the first step. Here’s our answer to the question in the form of a photo of our new puppy, Beau, half border collie and half poodle. He’s currently about 16 weeks old and weighs 16 pounds, on his way to about 30 to 35 lbs. Yes, he’s adorable. But … [Read more...] about The Answer To Whether I’m Too Old To Get Another Dog
Giant Cosmic Explosion May Be Biggest Since Human Civilization Began, Say Scientists
Share to Twitter Share to Linkedin The most powerful class of explosions in the universe—a gamma-ray burst—reached the solar system on Sunday, Oct. 9, 2022. It was 70 times brighter than any yet seen. A telescope on the International Space Station sensed it. So did NASA’s Fermi Gamma-ray Space Telescope and scores of satellites. It was even detected by the Voyager 1 probe now in interstellar space. The subject of a special edition of The Astrophysical Journal Letters this week, this pulse of intense radiation has been called the “BOAT”—the brightest of all time—but what was it? “GRB 221009A was likely the brightest burst at X-ray and gamma-ray energies to occur since human civilization began,” said Eric Burns, LSU Department of Physics and Astronomy assistant professor. He led research into about 7,000 gamma-ray bursts and concluded that events like GRB 221009A occur roughly once in every 10,000 years. Gamma-ray bursts are thought to … [Read more...] about Giant Cosmic Explosion May Be Biggest Since Human Civilization Began, Say Scientists
Companies At The Edge Of Chaos: Why HR Must Embrace Data Beyond Surveys To Reinvent Organizations
Share to Twitter Share to Linkedin As the way we live, operate and work start to change for good in the new century, organizations are searching for ways to become more future-ready . CEOs are fiercely pushing the dial on several organizational elements with the intention to make numbers grow while CHROs are working diligently to meet changing requirements without breaking the system. The question continues to linger in the back of today’s professional’s minds is whether one can actually transform organizations at the edge of chaos by simply pushing forward. Despite the efforts, research suggests the business-as-usual approach rather results in an organizational paralysis filled by thousands of confused and consumed people being pulled and pushed in multiple directions. Therein lies the current challenge for practitioners: Today’s organizations are set up with traditional structures, operating and management tactics such as coordination, hierarchy, matrix, … [Read more...] about Companies At The Edge Of Chaos: Why HR Must Embrace Data Beyond Surveys To Reinvent Organizations