Intuitive Machines (LUNR) Jumps 13.15% as Lunar Mission Photos Boost Investor Confidence
Intuitive Machines, Inc. (NASDAQ:LUNR) is one of the .
Intuitive Machines saw its share prices jump by 13.15 percent on Thursday to close at $11.36 apiece following the release of photos captured by its IM-2 lunar lander called 'Athena.'
Having encountered uncertainties during its official launch in February 2025, the photos sparked investor confidence about Intuitive Machines Inc.'s (NASDAQ:LUNR) successful deployment and operations and improved confidence for future contracts.
Intuitive Machines, Inc. (NASDAQ:LUNR) launched the IM-2 Athena using its Nova-C aircraft on February 27 as part of NASA's commercial lunar payload services.
Athena successfully reached the surface of the moon on March 6, 2025, but ended its mission the day after, following depleted power.
A satellite being released from a launch vehicle, heading into space.
Athena was designed to look into the presence of lunar water ice using Prime-1, a payload of a drill and mass spectrometer.
While we acknowledge the potential of LUNR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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CNN
8 minutes ago
- CNN
Why I am keeping the Chase Sapphire Reserve card, even at $795 a year
CNN Underscored reviews financial products based on their overall value. We may receive a commission through our affiliate partners if you apply and are approved for a product, but our reporting is always independent and objective. This may impact how links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit to learn more. I have had the Chase Sapphire Reserve® credit card since 2017, and I've been very happy with it. It has been my primary credit card for most travel and dining purchases, thanks to its points-earning potential. With 3 Chase Ultimate Rewards points per dollar spent on travel and dining, I have earned hundreds of thousands of points over the years. And when something went wrong while traveling, like a canceled or delayed flight, the Chase Sapphire Reserve's travel insurance came through repeatedly, refunding the expenses I had incurred as a consequence. That's why I didn't mind paying its $550 annual fee. Year after year, the Chase Sapphire Reserve has paid for itself — and then some — through points, travel credits and peace of mind. But then the bank announced that it was raising the Chase Sapphire Reserve's annual fee to $795, effective June 23, a brutal 45% hike that had many card holders wondering if they should keep the Reserve or seek less expensive alternatives. So, I looked at the new credits and earning structure that Chase announced with the annual fee change, did the math and decided that the Chase Sapphire Reserve still makes sense for me, even at an annual fee of $795. Once the card's various credits are factored in, that intimidating figure drops, in my situation, to just $15. And that's without counting all the credits the card offers; some are too impractical to use if you don't have time to track them, or they just don't interest me. That $15 figure is based on using only the credits that make sense for my spending habits. Here's why the Chase Sapphire Reserve will remain in my wallet and why you might find yourself in a similar position — or not. Annual fee equivalent after this credit is counted: $495 The new version of the Chase Sapphire Reserve keeps one of the most attractive features of the old one: an automatic credit of $300 toward travel purchases, resetting every year on your membership anniversary. Chase defines what counts as travel broadly, so this credit applies to everything from subway rides to airfare, including ride-share services, car rentals, vacation homes, hotels and more. Just put that expense on the card, and it gets erased automatically, up to the $300 limit. Importantly, flights and hotels booked directly now earn 4 points per dollar instead of 3 points per dollar before the annual fee change. Since I spend a lot on those, that has swayed me to keep the card, even with earnings on travel other than flights and hotels slashed to 1 point per dollar instead of the previous 3 points per dollar. Annual fee equivalent after this credit is counted: $375 I live in Brooklyn, New York, and like many Americans who live in cities, I use ride-share services often. My favorite is Lyft, mostly because it tends to be cheaper than Uber on rides to and from JFK and LaGuardia airports. Through Sept. 30, 2027, Chase Sapphire Reserve card holders receive a $10 monthly Lyft in-app credit. This translates to a yearly total of up to $120 that helps offset the card's annual fee. (Enrollment is required, and the credit only applies to rides in the US.) Indeed, credits don't roll over each month, and don't cover Wait & Save rides or bike and scooter rentals. But I do use Lyft several times a month, and for rides that the credit covers, so this is useful for me. It's not great that the Chase Sapphire Reserve now earns 5 points per dollar on Lyft rides, which is half of what it earned when Lyft rides yielded a spectacular 10x points. But 5 points per dollar is still something I highly value. For example, in 2024, I spent around $3,000 on Lyft, which at 5x means 15,000 points. Those are worth about $307, according to The Points Guy. And if $3,000 seems a lot to spend on Lyft, consider that, like many New Yorkers, I do not own a car. Holding a credit card that earns a high return on Lyft ride-shares is important, and no card competing with the Sapphire Reserve would get me more than 3x on that. Annual fee equivalent after this credit is counted: $75 The restaurant credit that comes with the Chase Sapphire Reserve card does require some effort to work, but the payoff is worth it. This benefit comes in the form of an annual credit of up to $300 at Chase Sapphire Reserve Exclusive Tables, which can be booked on OpenTable. It's split into two biannual credits: $150 from January to June and $150 more from July to December, and it requires activation. The good news is that once you've activated it, the credit is applied automatically after you pay with the card at a participating restaurant. The bad news is that those restaurants tend to be expensive, but $150 could take a big part of the sting off. Plus, there are many restaurants to choose from, in the US, Canada and Mexico. New York City alone has dozens, according to the list published by OpenTable. If you don't live in or travel to an area with eligible restaurants, this credit is of little value, but for card holders in major metro areas, it's attractive. Annual fee equivalent after this credit is counted: $15 One of the new perks of the Chase Sapphire Reserve is complimentary membership to DashPass, which would cost $120 annually otherwise (activation required by Dec. 31, 2027). DashPass includes $0 delivery fees and lower service fees on eligible DoorDash orders for a minimum of one year. Once membership is activated, you receive a $5 discount each month at checkout on one qualifying restaurant order on DoorDash. I often order from local restaurants via DoorDash, so I will easily use the full $60 a year from this credit. In addition, you get two $10 promos each month to save on groceries and retail orders. I don't use DoorDash to shop for groceries, but if you do, then the complimentary DoorDash membership can total $300 a year in value. Airport lounge access may be the best single benefit of the Chase Sapphire Reserve for me, and it hasn't changed with the higher annual fee. The card comes with a Priority Pass Select membership (activation required), which gives access to more than 1,300 Priority Pass lounges worldwide, with up to two guests. It also grants entrance to Chase Sapphire Lounges, with up to two guests. Chase Sapphire Lounges are currently found at six airports in the US — Boston, New York LaGuardia, New York JFK, Philadelphia, Phoenix and San Diego — plus Hong Kong. Card holders also get access to select Air Canada Maple Leaf Lounges in the US, Canada and Europe when they're flying on a Star Alliance airline, including, for example, United and Air Canada. It's hard to quantify the value of this benefit, but if you fly with some frequency out of airports with eligible lounges, it's a very useful perk. It gets you into lounges, with free food and drink plus space to relax, even when flying economy. For the Priority Pass lounges alone, the same level of access would cost $469 a year, the cost of a Priority Pass membership with unlimited visits but no included guests. There are other credits that come with the Chase Sapphire Reserve card and would amount cumulatively to a higher value than the annual fee, but I didn't factor them in my calculation. The biggest is up to $500 in annual statement credit for stays booked on The Edit, a collection of luxury hotels and resorts curated by Chase (split into two biannual credits of $250). For travelers who like to stay at luxury properties, this could be a hugely valuable perk. For me, it doesn't do much, since I often prefer vacation rentals and don't spend a lot of time in hotels when traveling. Other credits that I personally wouldn't use are the following: Up to $300 in annual statement credit for concert and event tickets purchased on StubHub or Viagogon (split into two $150 biannual credits, activation required; through Dec. 31, 2027). Up to $250 in annual statement credit for Apple TV+ and Apple Music subscriptions (one-time activation per service required, on or the Chase mobile app; through June 22, 2027). Up to $120 in annual statement credits toward Peloton memberships, $10 monthly (through Dec. 31, 2027). Together, these credits amount to $1,170, more than offsetting the annual fee. While they wouldn't be useful for me, they might well be very attractive for others. If the Chase Sapphire Reserve's new $795 annual fee doesn't work for you anymore, you might take a second look at its direct competitor: the The Platinum Card® from American Express, the other top-end travel rewards card. For an annual fee of $695, it offers many similar benefits to the Sapphire Reserve, including excellent lounge access, a spate of statement credits and the American Express Membership Rewards ecosystem of transferable points — but at an annual cost that isn't much lower. The Capital One Venture X Rewards Credit Card, with an annual fee of $395, earns 10x on hotels and rental cars, and 5x on flights booked through Capital One Travel. It also offers the same $300 annual travel credit as the Chase Sapphire Reserve, although only when booking through Capital One. It also offers complimentary airline lounge access, both at Capital One's own lounges and Priority Pass lounges. The little sibling in the Chase Sapphire family of cards, the Chase Sapphire Preferred, could also be an attractive choice. For an annual fee of $95, the Preferred still earns 3x points on dining and 2x on all travel. CNN Underscored's team of expert editors and contributors carefully reviews credit cards, travel rewards and loyalty programs to help readers navigate changes and make informed financial decisions. For this story on the Chase Sapphire Reserve, senior money editor and credit card expert Alberto Riva applied his years of industry knowledge and personal experience to ensure every detail is accurate and actionable. Our recommendations are grounded in real-world value, not hype, and backed by thorough analysis, expert insight and a commitment to clarity and transparency. Editorial disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
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LeBron James exercises Lakers player option for 2025-26 season
LeBron James exercised his player option for the 2025-26 season with the Los Angeles Lakers on Sunday as he appears to be in the final stages of his lengthy NBA career. Klutch Sports CEO Rich Paul told ESPN about James' decision. The player option is reportedly worth $52.6 million and it will be his eighth season in Los Angeles. James played 70 games during the 2024-25 season. It was the second straight year he played at least 70 games. He averaged 24.4 points, 8.2 assists and 7.8 rebounds per game as the Lakers put together one of the more intriguing seasons in recent memory. Los Angeles made the shrewd trade for Luka Doncic that sent Anthony Davis to the Dallas Mavericks. Doncic and James will now have more time to team up and make a play for an NBA championship together at least one more time. The Lakers were 50-32 last season, finishing third in the Western Conference, but were ousted in the first round of the playoffs by the Minnesota Timberwolves. Paul told ESPN that James wants to win and will be watching the Lakers' moves closely to build a contending roster. "LeBron wants to compete for a championship," he said. "He knows the Lakers are building for the future. He understands that, but he values a realistic chance of winning it all. We are very appreciative of the partnership that we've had for eight years with Jeanie (Buss) and Rob (Pelinka) and consider the Lakers as a critical part of his career. "We understand the difficulty in winning now while preparing for the future. We do want to evaluate what's best for LeBron at this stage in his life and career. He wants to make every season he has left count, and the Lakers understand that, are supportive and want what's best for him." For James, it will be Year 23. He has four championships, four NBA MVPs and 21 All-Star selections. He opened up about how much he has left to give in an interview with The Associated Press earlier this month, crediting his family as one of the main reasons why he's continuing to play. Bronny James is in the Lakers' organization and Bryce James is set to play in Arizona. Zhuri James, meanwhile, has her sights set on volleyball. "They're like 'Dad, continue on your dream. This is your dream. Continue on your focus. You've been here for us this whole time,'" he said. "When you have that type of support... it makes it a lot easier." James also appeared to be intrigued by the possibility of playing with Bryce James as well as Bronny. "At this point of my career, you think about when the end is. That's human nature," he said. "You think: Is it this year? Or next year? Those thoughts always creep into your mind at this point of the journey. But I have not given it a specific timetable, date. I'm seeing how my body and family reacts, too." Follow Fox News Digital's sports coverage on X and subscribe to the Fox News Sports Huddle newsletter.
Yahoo
14 minutes ago
- Yahoo
KB Home's housing market warning: Incentives might hide overpriced homes
Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClub newsletter. He was buried in a mushroom casket. Soon he'll be part of the soil CEO of an $11 billion builder empire warns that these housing markets face a short-term oversupply Lifting the veil on the critical—and oft-times overlooked—factors driving AI growth Since the pandemic housing boom fizzled out, major homebuilders across various markets—especially in top pandemic boomtowns—have had to cut net effective home prices to avoid a deeper sales pullback. However, some builders, like Lennar and D.R. Horton, have primarily done so through larger incentives—such as mortgage rate buydowns—in part to protect community comps and avoid upsetting buyers already in their backlog. Speaking to analysts on Tuesday, KB Home—which prefers outright home price cuts over incentives—said that some buyers turning to some of their competitors are effectively overpaying for new builds just to get rate buydowns, and if they need to sell in the immediate future, they might not be able to fetch the artificially high base price they paid. 'I believe that there are customers [of other homebuilders] that are overpaying for the home to effectively get an incentive. So they're tied into this higher price that they're gonna be stuck with forever until they sell that home,' KB Home COO Rob McGibney said on the builder's June 23 earnings call. 'They may potentially be upside down when they try to sell that home versus a clean, simple, transparent way of selling—the value of what we offer.' Below are ResiClub's other takeaways from KB Home's Q2 earnings report and earnings call this week. KB Home's net new orders by Q2: Q2 2018 —> 3,532 Q2 2019 —> 4,064 Q2 2020 —> 1,758 (COVID-19 lockdowns) Q2 2021 —> 4,300 Q2 2022 —> 3,914 Q2 2023 —> 3,936 Q2 2024 —> 3,997 Q2 2025 —> 3,460 'The actions we began to take late in our 2025 first quarter—evaluating base pricing in every community relative to local market conditions, then repositioning our communities with a focus on offering the most compelling value—led to strong net orders in March. However, our net orders declined in April and May, which did not follow the typical spring trajectory,' McGibney said. 'As a result, even though our average community count was in line with our projection, and our cancellation rate was fairly steady, our monthly absorption pace per community was 4.5 net orders compared to 5.5 in last year's second quarter. While our net order pace was below our internal goal, we believe it ranks high among the large production homebuilders,' he added. While the pricing story continues to be very local and vary a great deal across the country, most markets are at least seeing some softening. 'I would say that all of the markets we operate in experienced some level of softening at some point during the quarter,' McGibney told investors on Tuesday. 'Markets that I would say where we're still seeing relatively strong demand and sales performance would be Las Vegas, the Inland Empire [in Southern California], the North Bay in Northern California, and Texas markets like Houston and San Antonio.' McGibney added: 'By contrast, some of the markets that are facing some more significant headwinds recently are Sacramento and Seattle. They've slowed down a little bit, and we've had to do a little more there with price relative to some of the others. Markets like Austin, Colorado, Jacksonville, and Orlando [have been weaker too]. Places where resale supply has increased starts putting pressure on pricing and creating more competition and just more choices for buyers. But, you know, it is very local, very specific. [We] can't put a market condition on an entire state or even an entire market in most cases. It's community by community.' On Tuesday, KB Home told analysts that it cut base home prices in half of its communities in the quarter ending May 31. 'In the markets where you've seen resale inventory or resale supply get back to norms or above those norms of six or seven months of supply—those resales become a more formidable competitor than they were to us back when we would measure months of supply in terms of weeks instead of months. And on the flip side, most of the markets where resale supply has stayed fairly suppressed and limited, we're tending to see better results there,' McGibney said. During the pandemic housing boom, many publicly traded homebuilders achieved record profit margins as home prices soared and buyer demand ran red-hot. Ever since the national housing demand boom fizzled out in the summer of 2022, many large homebuilders have reduced margin and made affordability/pricing adjustments where and when needed to maintain their sales pace or prevent a bigger sales pullback. That includes KB Home, which reported a housing gross profit margin of 19.3% in Q2 2025—or 19.7% excluding inventory charges—down from a cycle peak of 26.7% in Q3 2022. Its margin has now compressed all the way back to pre-pandemic 2019 levels. So far, tariffs haven't had much impact on KB Home's material costs. 'Homes that we started in May came in at the lowest cost per square foot, year to date, as our divisions are continuing to drive better performance on cost. Our costs, including lumber, are protected for almost all of our third-quarter starts under the terms of our supply contracts. Our national purchasing team, working with our divisions, has done an excellent job holding off tariff-related cost increases, with only two minor price increases to date,' McGibney said. This post originally appeared at to get the Fast Company newsletter: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
