I keep telling people the future is 3D printing no one wants to listen. Why Czinger’s 3D-printed hypercar is the future of manufacturing Sat, September 10, 2022, 1:17 PM Imagine a startup co-founded by father and son engineers, based in the U.S., making a world-class, record-beating hypercar. Now, imagine the car’s underpinnings are 3D-printed metallic, designed by artificial intelligence, and assembled by robots. It sounds far-fetched, even for Silicon Valley, but the team of Kevin Czinger and Lukas Czinger have done just that. Czinger 21C (Credit: Czinger) Yahoo Finance had the chance to visit the Czinger vehicles factory near Los Angeles, California, - where Kevin and his son Lukas are shocking the automotive industry, with the record 21C hypercar. The 21C smashed production car lap records at WeatherTech Laguna Seca Racetrack in Salinas, California, and Circuit of the Americas in Austin, Texas. What makes this so impressive is the 21C is made by the Czinger team in a small warehouse outside of Los Angeles, where the two cofounders pioneered a 3-D printing process using aluminum particles the size of sand, that are laser fused into out-of-this-world, almost alien-looking parts. The parts look almost organic in nature because the team uses AI to design a part that is lightweight, strong, and appropriate in size for ultimate performance. The parts are constructed using robots in a circular assembly line, an almost ballet-like dance that makes the parts in an efficient, versatile way. It’s Henry Ford’s assembly line taken to the third dimension. “When you bring those [processes] together they allow you to create structures like this frame that have never been seen before,” Czinger founder and CEO Kevin Czinger says in an interview with Yahoo Finance. “What you're able to do is use that computing to literally create in 3 dimensions a perfectly optimized structure, use 3D printing to materialize that perfectly designed structure, and then use automation to have a universal assembler assemble any perfect structures together, seamlessly.” Czinger / Divergent robot assemblers This revolutionary process (which counts over 100 patents) is how the team designed and built the C21 hypercar. Only 80 of the cars will be built, though the company revealed a new concept a few weeks back in Monterey, theHyper GTgrand touring coupe. Though there is plenty of excitement around the vehicles Czinger is making, what has many in the automotive industry intrigued is what Czinger, and its sister company Divergent Technologies, are doing to bring its manufacturing process to other automakers. Czinger / Divergent robot assemblers And just a few weeks back Divergent Technologies just announced a deal with British luxury automaker Aston Martin (AML.L) to make a rear assembly for its new DBR22 roadster. The outsourced manufacturing venture is potentially a big business for Divergent, as it provides a steady stream of clients and money for the company to expand its 3D-printing operation and universal robot assembly. The team thinks it will be able to install robot assemblers on client factory floors too. The Czinger duo believe this makes sense for car companies because it is cheaper to have Divergent build parts for them, instead of the heavily capital-intensive process of making parts the traditional way - with castings, stampings, and even forging. Aston Martin DBR22 (Credit: Aston Martin) “Compared to the capital bet you make in auto today, you say ‘I’m going to invest X hundreds of millions in a new stamping and casting facility, I’m going to amortize that off over X hundreds of thousands of sales per year, over Y number of years’ - that is a very cap-ex heavy bet to make,” Lukas Czinger told Yahoo Finance. “With us, you look to Divergent and Czinger, we will be your outsource manufacturing partner, you pay us on a unit basis - that is a scalable, very attractive, economic structure.” Now comes the big bet for Czinger and Divergent, investing heavily in more 3D printers and robot assemblers, in order to make parts for traditional automakers, as well as for the burgeoning Czinger vehicles business. The father and son pair say they have more deals to announce with big automakers, in the coming months. —
I keep telling people look up. Space is the next race.. no one wants to listen.... On a recent episode of "Influencers Andy Serwer," Northrop Grumman CEO Kathy Warden reflected on space exploration and the aerospace industry’s bright future. “Space is the most exciting area of our portfolio at the moment,” Warden told Yahoo Finance. The U.S. aerospace industry saw serious challenges during the COVID-19 pandemic, shrinking by 87,000 jobs and seeing total revenues drop 2.8% to $874 billion between 2019 and 2020, according to the most recent Aerospace Industries Association Facts and Figures Report. Though it has yet to reach pre-pandemic levels of success, the global aerospace industry has recently turned a corner. It reported $712 billion in revenue in 2021, which is up 4% over 2020. It also reported $62 billion of operating profit, up 136% according to an analysis by Pricewaterhouse Coopers. The James Webb Space Telescope is packed up for shipment to its launch site in Kourou, French Guiana in an undated photograph at Northrop Grumman's Space Park in Redondo Beach, California. NASA/Chris Gunn/Handout via REUTERS Northrop Grumman — an aeronautics, defense, and cyberspace company headquartered in Falls Church Virginia with origins in the 1930s — builds missiles, bomber aircrafts, and solid rocket boosters for NASA's Space Launch program. The company has a long history of working with NASA. But since 2018 when it acquired aerospace firm Orbital ATK, the company's space division has expanded. In the last quarter, space-related business accounted for over 30% of the company's total sales. “The expansion of opportunity in space has been significant, and I foresee that continuing into the future,” Warden remarked. One of the company's most significant products is the James Webb Telescope. Launched into space in December 2021, the telescope takes pictures of astronomical objects using infrared radiation. NASA released its first full-color images during a televised broadcast last July.The pictures, which went viral on social media, depicted part of Carina, a constellation of stars. “In space exploration, like the work that we recently launched the James Webb Space Telescope. And it brought back, just fantastic images of the origins of our universe that will help to rewrite science textbooks,” Warden said. “And help, I hope, a new generation of people to get really excited about what may be happening in space in generations to come.” This week, NASA released two new images taken by the James Webb Telescope. They show the Tarantula Nebula and could yield scientific discoveries about how stars form. The telescope will remain in space for another decade and continue to produce new images.
U.S. household wealth suffers record drop in second quarter Fri, September 9, 2022, 12:15 PM (Reuters) -U.S. household wealth fell by a record $6.1 trillion in the second quarter to its lowest in a year as a bear market in stocks far outweighed further gains in real estate values, a Federal Reserve report showed on Friday. Household net worth tumbled to $143.8 trillion at the end of June from $149.9 trillion at the end of March, its second consecutive quarterly decline, the Fed's quarterly snapshot of the national balance sheet showed. Through June, Americans' collective wealth had fallen by more than $6.2 trillion from a record $150 trillion at the end of 2021. The net drop in wealth in the second quarter was about $30 billion larger than the previous record decline notched two years earlier, as the onset of the COVID-19 pandemic upended financial markets. That decline - in the second quarter of 2020 - still stands as the largest on a percentage basis at 5.2% versus 4.1% in the most recent report. The latest fall was led by a $7.7 trillion decline in stock market values as equities slid into a bear market in the first half of the year on worries about surging inflation and the Fed's aggressive response with interest rate increases. The equity market drop outstripped a $1.4 trillion gain in real estate values. Total nonfinancial debt rose at a 6.5% annualized rate after rising at an 8.3% rate in the first quarter, the Fed data showed. Household debt growth also slowed to a 7.4% annual rate from 8.3% in the first three months of the year, while business, federal, state and local government debt levels all rose.
I don't think this is Cramer... But it's probably someone he leans on to change his diaper. The Only Stocks to Buy Now Are Energy Stocks What's not to like about US Tech stocks? Everything. Deal with it. By->JIM COLLINS? Sep 09, 2022 | 01:15 PM EDTAnd you misinterpret this how? That nugget of wisdom was uttered by Jerry Seinfeld to George Costanza in the 13th episode of Season Eight ofSeinfeld. It reallysums up this week's market action. I just don't see how anyone could possibly take recent economic developments, positively, but, hey, I don't watch much FinTV. It's just a vast conspiracy out there to get people to think things are okay with the global economy, and therefore somehow stocks are attractive. They're not. By any measure. With one exception: energy stocks. As oil prices jump in today's trading, we are revisiting - like Jerry and George (in a different episode) going back to their favorite pizza place to play Frogger - the existential truth that has made my HOAX portfolio strategy such a winner. ESG-mania has produced an environment in which a massive hoax - that the planet is melting - is used to excuse the overvaluation of companies that burn cash at the expense of companies that produce it. It's not just energy, as Apple (AAPL) produces copious amounts of free cash flow, pays a dividend and buys back stock. So does Exxon (XOM) . Why on earth are you invested in companies that don't? The proof is in the returns. So,HOAX - including reinvestment (trades only available to my subscribers) has posted the flowing performance versus its benchmark since inception on 12/23/2021 HOAX +47.1% (ARKK) -55.4% The score: Jim: 1, Cathie: 0. And that is all that matters. Because cash flow is all that matters. But there is such a parade of nitwits in the financial media telling you otherwise. I have been overwhelmed by the incredible response to my spreadsheets asReal Moneyfeatures the links to them, with thousands of share requests. As those share requests turn into subscriptions to my other products, I am momentarily overwhelmed by my offer to REPAY subscriptions to other newsletter publishers. That's right, I am throwing my 2022 down the drain, just to build my base. In the short term that sucks, but the positive feedback from satisfied customers makes it all worthwhile. Smart people readReal Money and with bright lights like the Rev Shark, Peter Tchir and Chris Versace contributing to the platform, I can say that smart people write forReal Money as well. 2022 has been the year of real defeating fantasy. Feel free to try and obfuscate about the future - ARK Invest actually just retitled their Head of Research as Chief Futurist... I couldn't possibly make that up - and excuse performance. Peabody Coal (BTU) is up 103.9% year-to-date, Tesla (TSLA) is down 25.6%. And if anyone (whose newsletter subscription I have not yet refunded) is telling you "Oh, don't worry about underperformance, investing is long-term," then you have my permission to ignore that person. We are in the mid-part of September and approaching the nine month anniversary of HOAX. That is enough time to make judgements as it's a valid sample size. The World Has Turned Because Money Is No Longer Free Even the ECB removed its final 0% lending facility yesterday. The game has changed. The 12-month UST is yielding 3.58% as of this writing. In contrast, according to multpl.com, the S&P 500 is yielding 1.58%, and the Nasdaq yields less than half of that. Not to get into CAPM or the equity risk premium or all those nerdy CFA constructs, but the cost of capital is higher now, so your returns need to be higher to reflect the greater opportunity cost of holding equities. That's why - for my asset management clients, my readers, my subscribers, anyone unfortunate enough to occupy the barstool next to mine - I continue to preach the wisdom ofincome investing. Every long-only portfolio I have ever created is yielding much more than the 3.58% yield of the 12-month UST. We have a cushion, even if it is marginally reduced. But if you buy Cathie Wood's leaky ARKK, you have no cushion. You are entirely dependent on what other people will pay for those assets, and usually negative, cash flows. That's not how I roll. Bear market bounces come and go, but I called this bear market (I referred to it as Tech Bubble 2.0 in myReal Moneycolumn of February 18th, 2022) and I have yet to see any indications that we are inflecting. Interest rates are rising, the global economy is slowing, and so what's not to like about US Tech stocks? Everything. Deal with it.
What a dick. I don't know if this is a cyber dude, not real or if Jim Collins is a real person. I think I have found my next victim / I'll be directing my laughing emails about all our wins to Jim Collins now instead of Jim Cramer.
Van I read this a few times it's not making a ton of sense to me. 14 patients is small trial. It's better to have up over 100. G778 mutations I have to look into.. it sounds like you have to have the HER 2 mutation to be successful that greatly reduces the patient pool. I'd stay away fro now. Spectrum announces data from poster presentation for Poziotinib at ESMO 13:11 SPPI Spectrum Pharmaceuticals announced data from a poster presentation titled: High Activity of Poziotinib in G778_P780dup HER2 Exon 20 Insertion Mutations in Non-Small Cell Lung Cancer. The data show that poziotinib is highly active in G778 mutations in both treatment naive and previously treated patients with NSCLC. The findings are based on an assessment of the activity of poziotinib in patients with the G778_P780dup HER2 exon 20 insertion mutation in a population of previously treated and treatment-naive patients with NSCLC from the ZENITH20 clinical trial. Patients in Cohort 2 received 16 mg of poziotinib once a day and patients in Cohort 4 received 16 mg QD or 8 mg twice a day. The primary endpoint was objective response rate. Fourteen patients had the HER2 G778 insertion mutation. 12 of 14 patients were evaluable and all had partial response, resulting in an ORR of 85.7% and a median DOR of 5.5 months. The ORR was 100% in the previously treated C2 patients, and 71.4% in the treatment naive C4 patients. Median DOR was 5.3 months for the C2 patients and 8.9 months for those in C4. The frequency of adverse events was consistent with prior reports and overall AEs were similar to the TKI class.
Going Back and pushing forwards some ideas)))))) FLNV- $18.70 Not really pulling back that much for an energy stk.. RS out perform!
I don't think anyone got the mystery stk question... I haven't read through the pages so maybe someone got it but all email entries were incorrect the stock that is up so much YTD and in a 1 yr period is... BOWLERO <------
MGNX-$ MacroGenics, Inc. (MGNX) NasdaqGS - NasdaqGS Real Time Price. 4.2400-0.0100(-0.24%) At close: September 9 04:00PM EDT 4.4500+0.21(+4.95%) After hours:Sep 9, 07:21PM EDT