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Analyst Stephen Grambling reiterated his overweight rating on shares, which he thinks should move higher based on potential earnings upside. Analyst Christopher Horvers upgraded the big-box retailer to overweight and hiked his price target by $15 to $81, which suggests 25.4% potential upside. Analyst Tom O'Malley's price target is now $145 per share, which implies 19.9% potential upside from Friday's close. Ramsey also attributed his new price target to the firm's latest data center modeling which estimates a software-based revenue breakout for Nvidia. He raised his price target to $150, which implies 40.8% upside from Friday's close.

Persons: Morgan Stanley, Stephen Grambling, Grambling, — Pia Singh, Christopher Horvers, Horvers, Tom, O'Malley, TD Cowen, Matthew Ramsey, Ramsey, Rajat Gupta, Gupta, CVNA, Joseph Moore, Moore, Fred Imbert Organizations: CNBC, Monday, JPMorgan, North America Gaming, Illinois Senate, Walmart, Nvidia, Barclays Barclays, Sovereign, Broadcom, AMD Locations: Illinois, North, IL

☆ Our only energy stock has more room to run as natural gas prices surge
▼ + stars: | 2024-06-10 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said investors shouldn't make any big moves in anticipation of the market-moving events. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, shouldn't, Jim, Nat, Jim Cramer's Organizations: CNBC, Broadcom, Nvidia, Apple, Energy, UBS, Club, Honeywell Locations: CTRA

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple's Worldwide Developer Conference keynote on Monday is expected to herald some major announcements from the tech titan. This year's WWDC has been highly anticipated by analysts, investors, and beyond, who all want to know what CEO Tim Cook will reveal about Apple's generative artificial intelligence efforts. Other changes Apple is expected to unveil include updated Mac, iPad, and Vision Pro operating systems, AI-generated emojis, and a complete overhaul of Siri.

Persons: —, Tim Cook, Dan Ives, OpenAI, Siri Organizations: Service, Business, Apple, Wedbush Securities, Bloomberg, Vision Pro

☆ The US has a rich drag history. Here’s why the art form will likely outlast attempts to restrict it
▼ + stars: | 2024-06-09 | by ( Scottie Andrew | ) edition.cnn.com time to read: +16 min

Most of those efforts failed, but they have fueled harmful rhetoric around drag performers and the art form itself. Barbara Alper/Getty ImagesDrag has become increasingly visible in recent years through mainstream shows like “RuPaul’s Drag Race” and popular public events such as drag brunches, drag bingo and drag queen story hours, in which drag performers read children’s books to young audiences, often at libraries. Pickle reads from a book during the Drag Queen Story Hour program at a Los Angeles library in 2019. These lawmakers falsely claim that drag performers “groom” or sexualize children, of which there is also no evidence. It’s why Alaska Thunderf**k, the blonde bouffanted winner of the second season of “RuPaul’s Drag Race All Stars,” first got into drag – to make art that wasn’t bound by rules.

Persons: Anderson Cooper, twirling, Madonna’s, Papa Don’t, ”, “, Meatball, George Santos, Mo B, Dick, It’s, Joe E, Jeffreys, Barbara Alper, ” Jeffreys, ’, Larry La Fountain, Stokes, Ann Arbor, von Miramar, you’ve, William Dorsey Swann, Swann, Channing Gerard Joseph, Nino Testa, ” Testa, it’s, ” Julian Eltinge, pansy, weren’t, Joan Jett Blakk, Adam Turner, Blakk, —, ” Blakk, I’m, Testa, Devin Antheus, Harry James Hanson, Hanson, Marsha P, Johnson, Sylvia Rivera, ” Antheus, Esther Newton, impersonators, ” Newton, RuPaul Charles, who’d, Monica Beverly Hillz, Kylie Sonique, RuPaul, Sasha Colby, Santiago Felipe, David McNew, Antheus, aren’t, who’ve, we’ll Organizations: CNN, New York University, University of Michigan, New, Princeton University, Texas Christian University, Police, Queens, San Francisco, Stonewall, “, Guardian, Broadway, Movement Advancement Locations: Florida, Ann, “, Harlem, Washington, America, Fort Worth, New York, San Francisco, Tennessee, Montana, Los Angeles, It’s, Alaska

We have everything you need to know on how to watch the French Open final from anywhere for free. If you don't mind an earlier start, join us in doubling up on free French Open final live stream action for the day. Where to watch Alacaraz vs. Zverev in the USThe French Open men's finals will air on NBC on Sunday at 8:30 a.m. Shop at Peacock TVWhere to watch Alcaraz vs. Zverev in AustriaThe French Open men's finals will be available to live stream on Servus TV in Austria. Where to watch Alcaraz vs. Zverev in FranceThe French Open live streams on France TV for free in France.

Persons: you'll, Carlos Alcaraz, Nadal, Federer, there's, Alexander Zverev, yesterday's, Iga Swiatek, Jasmine Paolini's, Jasmine Paolini, Peacock, Australia 9Now, Stan Sport, 9Now, ExpressVPN Organizations: Business, Wimbledon, NBC, Paris Olympics, Austria The Locations: Zverev, Austria, France, Australia

☆ Endangered Republicans gamble backing Trump after guilty verdict as vulnerable Democrats remain cautious
▼ + stars: | 2024-06-09 | by ( Manu Raju | Annie Grayer | ) edition.cnn.com time to read: +10 min

CNN —Former President Donald Trump lost Rep. Mike Garcia’s district by more than 12 points four years ago. I’m the Republican,” said Rep. Lori Chavez-DeRemer, whose Oregon district Biden won by eight points in 2020, confirming she’s sticking with Trump after his conviction. Rep. Mike Lawler, whose New York district Biden carried by 10 points, sharply criticized the prosecution against Trump. Republicans in this camp believe there is no limit to how hard they can lean in to talking about Trump’s conviction and see the Trump verdict as a golden ticket. GOP Rep. Ralph Norman, a Republican hardliner from South Carolina, said Republicans would “absolutely” retaliate against Trump’s political enemies after November, including prosecutors.

Persons: Donald Trump’s, Manu Raju ”, Donald Trump, Mike Garcia’s, ” Garcia, Joe Biden, There’s, Biden, ”, John Duarte, Trump, “, Richard Hudson, ” Hudson, Suzan, ” George Whitesides, Garcia, Mike Garcia, ” Whitesides, “ Joe Biden who’s, “ who’s, I’m, Lori Chavez, DeRemer, Mike Lawler, ” Lawler, Celal, Bernie Moreno, Tim Sheehy, Sherrod Brown, Jon Tester, Sheehy, Tester, ” Tester, ” Brown, I’ve, Brown, Sen, Bob Casey, Stephanie Bice, Anna Moneymaker, Nick LaLota, Attorney Alvin Bragg, ” LaLota, Republican Sen, Thom Tillis, Mitch McConnell, ” Tillis, Mike Johnson, Jim Jordan, Johnson, – Jordan, Chip Roy, ” Roy, Marjorie Taylor Greene, ” Greene, Ralph Norman, ” Norman, Tesfaldet, Morgan Rimmer Organizations: CNN, California Republican, Trump, “, Republicans, Democrats, Biden, GOP, North Carolina Republican, ”, Democratic, of, Republican, Washington DC, Getty, New York, Manhattan, Attorney, Department of Justice, DOJ, Republican Party Locations: California, York, Washington, of California, Oregon, New York, Anadolu, Ohio, Montana, Pennsylvania, Washington , DC, New, Hill, South Carolina

☆ Saudi oil giant Aramco's shares rise after stock sale set to raise $11.2 billion
▼ + stars: | 2024-06-09 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

Saudi Aramco logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Shares of Saudi Arabia's Aramco rose on Sunday following a stock sale that's set to raise the state oil company around $11.2 billion. Shares were trading around 28.25 Saudi riyals ($7.53) on the Tadāwul Saudi stock exchange at 11:30 a.m. local time (4:30 a.m. ET), above the stock sale offer price of 27.25 Saudi riyals. Citing sources, Reuters reported that demand for the offering topped $65 billion, and Aramco placed over half of the sale with foreign investors.

Persons: Prince Mohammed bin Salman's, —, Ruxandra Iordache Organizations: Saudi Aramco, Saudi, Aramco, Reuters, CNBC, U.S . Federal Locations: Saudi, Saudi Arabia, Neom

☆ Reflecting on a bad market call 25 years ago reminds me to look for what can go right
▼ + stars: | 2024-06-09 | by ( Jim Cramer | ) www.cnbc.com time to read: +8 min

When your job is to write a commentary about the stock market you start with a blank Word document. I bring up this mortifying moment because it reminds me of what happens if you write to extreme. No, nobody's saying, "How wrong Cramer can be, just watch the collapse that occurs now." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim Cramer on Squawk on the Street, June 30, 2022.

Persons: Cramer, Karen Cramer, bullish, that's, Bob Dylan, Mike Wilson, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim, Squawk, Virginia Sherwood Organizations: Cramer & Co, Federal Reserve, Nvidia, Water, Hamptons, CNBC Locations: Water, New York City, John

☆ How Celtics took command of NBA Finals with Game 2 win over hurting Mavericks
▼ + stars: | 2024-06-09 | by ( Joe Vardon | ) www.nytimes.com time to read: +7 min

Kyrie Irving is struggling and Jason Kidd’s mind game on the Boston Celtics didn’t work. All are ingredients for the 2-0 hole the Dallas Mavericks are during the NBA Finals. “I think my turnovers and my missed free throws cost us the game,” said Dončić, who said he was “OK” physically. “The first two games weren’t the best for me, especially (Luka) scoring 25-plus points, getting rebounds, getting assists, doing the intangibles. For the game, all Dallas players not named Dončić shot 2 of 17 from the 3-point line.

Persons: Luka Dončić, Irving, Jason Kidd’s, Jayson Tatum, Jaylen Brown, Dallas can’t, ”, Dončić, “, ” Dončić, ” Irving, I’ve, Mavs, Jason Kidd, Brown, Tatum, It’s, Derrick White, Dallas ’ P.J, “ I’m, Joe Mazzulla, Brown’s, ” White, wasn’t, ” Mazzulla, Kidd, ” Kidd, Porziņģis, ” Porziņģis, “ I’ll, Dallas, Payton Pritchard, Pritchard, We’ve, — we’ve, we’ve, Maddie Meyer Organizations: BOSTON, Boston Celtics, Dallas Mavericks, NBA, Boston, Dallas, Celtics, Hollinger, Dallas ’ American Airlines Center, Celtic basketball, ” Celtics, Washington, Mavericks Locations: Dallas ’ P.J . Washington, Washington, Brown, Dallas, Dončić, Boston, Luka, Ky

☆ Florida Panthers defeat Edmonton Oilers in Game 1 of NHL Stanley Cup Final
▼ + stars: | 2024-06-09 | by ( Jacob Lev | ) edition.cnn.com time to read: +2 min

CNN —The Florida Panthers defeated the Edmonton Oilers 3-0 in Game 1 of the NHL Stanley Cup Final on Saturday at the Amerant Bank Arena in Sunrise, Florida. Bobrovsky’s 32 saves helped lead the Panthers to the first Stanley Cup shutout victory in team history. So, they’re really smart players and it was a fun challenge.”Game 1 kicked off the second consecutive Cup Final for the Panthers. This is the team’s third ever appearance in the Stanley Cup. The Florida Panthers lost to the Vegas Golden Knights in last year’s Stanley Cup – their first final in 27 years.

Persons: Carter Verhaeghe, Aleksander Barkov, Connor McDavid, Sergei Bobrovsky, Evan Rodrigues, Eetu Luostarinen, ” Bobrovsky, “, ” McDavid Organizations: CNN, Florida Panthers, Edmonton Oilers, NHL, Amerant Bank, Panthers, Oilers, Stanley, ” Oilers, ”, Vegas Golden Knights Locations: Sunrise , Florida, Florida, Russian

Where to watch India vs. Pakistan in the USThe India vs. Pakistan match will stream through Willow TV in the US on Sunday at 10:30 a.m. View at FuboWhere to watch India vs. Pakistan in the UKThe India vs. Pakistan match will stream through Sky Sports in the UK. Where to watch India vs. Pakistan in AustraliaThe India vs. Pakistan game will stream through Prime Video in Australia. Where to watch India vs. Pakistan in IndiaThe India vs. Pakistan game, and the rest of the ICC Men's T20 World Cup, will stream for free through Disney+ Hotstar in India. How to watch India vs. Pakistan from anywhereIf you'll be traveling away from home during the India vs. Pakistan game and still want to watch it live, you can keep up with any of your subscriptions via a VPN (virtual private network).

Persons: we've, Sling's Desi, Fubo, VPNs, ExpressVPN Organizations: Business, ICC, Pakistan, Cricket, Ireland, TV, Sky Sports, Disney Locations: India, Pakistan, United States, Australia

We've put together all the details on how to watch the NBA Finals Game 2, including both cable and live streaming options for the epic Mavericks vs. Celtics match-up. And make sure to bookmark our NBA hub for updated info on future Celtics vs. Mavericks games. How to watch Mavericks vs. Celtics live stream in the USMavericks vs. Celtics Game 2 will air on ABC in the US on Sunday at 8 p.m. Check price at SlingFubo is another solid live TV streaming package, with even more channels in its lineup. Check price at FuboHow to watch Mavericks vs. Celtics live stream from anywhereIf you'll be traveling away from the United States when the game airs, you can try keeping up with your subscriptions via VPN.

Persons: We've, you've, ExpressVPN Organizations: Business, Boston Celtics, Dallas Mavericks, NBA, Celtics, Boston, Mavericks, US Mavericks, ABC, Sling, Fubo Locations: New York City, Los Angeles , Philadelphia, Chicago, United States

We're ready to believe in overtaking again, though, so let us show you everything you need to know about where to watch a free F1 Canada live stream, wherever you are in the world. As also detailed in our season-long free F1 live stream guide, we can help you watch every race this season via similar options to today's one. How to watch free Canada F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch F1 Canada live stream in the USESPN covers Formula 1 racing throughout the season. Shop at SlingHow to watch Canada F1 live stream in the UKWant a free option?

Persons: Russell, Mercedes, Verstappen, Norris, Fiarri, Leclerc, Sainz, Max, we've, you'll, Servus, ExpressVPN, it's Organizations: Business, Monaco, Brit, Canada, RTL2, ESPN, Sky Sports, Sky, Premier League Locations: Europe, Canada, ORF1, ServusTV, Austria, Belgium, Luxembourg, TV's

☆ French Open: Carlos Alcaraz chasing history and first Roland Garros title in men’s singles final against Alexander Zverev
▼ + stars: | 2024-06-09 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

3 Carlos Alcaraz has not yet lost a grand slam final in his young career, defeating Casper Ruud in the 2022 US Open final and Novak Djokovic in that epic five-set Wimbledon final last year. 4 Alexander Zverev in the men’s singles French Open final on Sunday. It was at the French Open two years ago where he sustained an ankle injury that forced him to retire from his semifinal against Nadal and ended his season. Reaching this final, on the back of an Australian Open semifinal in January, confirms his comeback to the top echelons of the sport. “(Alcaraz) played a fantastic match today and fantastic tournament in general, I’m expecting a very difficult match.”How to watchThe men’s French Open final will begin at 3 p.m. (9 a.m.

Persons: Carlos Alcaraz, Casper Ruud, Novak Djokovic, Alexander Zverev, Roland Garros, Djokovic, Rafael Nadal, Jannik, Dimitar Dilkoff, ” Alcaraz, Juan Carlos Ferrero’s, “, Rafa, Ferrero, Carlos, Moyá, Albert, Costa, Zverev, Norway’s Casper Ruud, Ruud, Dominic Thiem, ”, I’m Organizations: CNN, Wimbledon, Roland, Getty, Nadal, NBC, Eurosport Locations: AFP, Juan Carlos Ferrero’s French, Berlin, Paris

How to watch Love Island: Aftersun for free from anywhereNot in the UK right now? ET / 10 p.m. BST / 11 p.m. CET / 5 a.m. AWSTWhere to watch Love Island: Aftersun in the USThere are no confirmed direct streaming options for the new season of Love Island: Aftersun in the US as of yet. If you opt for this option, expect Love: Island: Aftersun to be shown every Sunday at 5 p.m. Where to watch Love Island: Aftersun online in the UKUK locals can tune in on ITV2 on Sunday nights at 10 p.m. BST. Or, if you'd prefer to watch the Love Island: Aftersun live stream online, you can do so via the app or website across various devices on ITVX.

Persons: you've, We're, ExpressVPN Organizations: Business, Love, ITV2 Locations: ITVX, Hulu

☆ Opinion: How the era of the counterspy changed history
▼ + stars: | 2024-06-08 | by ( Opinion Tim Naftali | ) edition.cnn.com time to read: +12 min

First of all, their main job was to get false information to Adolf Hitler — rather than to steal Nazi secrets. And, secondly, some of these spies didn’t actually exist — they were completely made-up creations of British intelligence. But World War II would see a dramatic expansion of the offensive use of counterspies — not simply to prevent the enemy from knowing things but to actively deceive the enemy by planting disinformation. I also met the man who came up with the D-Day deception, Roger Fleetwood Hesketh, who was a trained architect. He told me that for the D-Day deception, codenamed Fortitude South, he had drawn on different talents.

Persons: Tim Naftali, Adolf Hitler —, didn’t, Counterespionage, —, Juan Pujol García, Garbo, Greta Garbo, ” —, Juan Pujol Garcia, Keith Waldegrave, ANL, ”, George Patton, Hitler, ” Hitler, Roger Fleetwood Hesketh, Alan Turing, counterspies, Anthony Blunt, Kim Philby, ’, Oleg Gordievsky, counterespionage, Robert Hanssen, Aldrich Ames, Hanssen, Ames, Mikhail Gorbachev Organizations: CNN, Columbia University’s School of International and Public Affairs, Tim Naftali New York University, Allied, Nazi, Army, Pas des Calais, Facebook, Strategic Services, German Wehrmacht, US National Archives, British, Soviets, US, Soviet Union, USSR Locations: France, Pas des, Pas des Calais —, Belgium, British, Berlin, Spanish, United Kingdom, Britain, Buckingham, Calais, Normandy, Tokyo, German, England, Liverpool, Europe, counterespionage, USSR, London, Washington, America, Soviet, Soviet Union

☆ Here are the 5 things we’re most focused on in the stock market this busy week
▼ + stars: | 2024-06-08 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

All three major averages closed higher for the week, shrugging off Friday's hotter than expected jobs report. No portfolio names reported this week, but we will hear from one last stock next week. Last quarterly Club stock report : Broadcom reports on Wednesday after the closing bell. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Nonfarm, Dow Jones, FactSet, We'll, we've, Jerome Powell, Siri, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Dow Jones Industrial, Nasdaq, Dow, Labor Department, Federal Reserve, Technology, Utilities, PPI, Broadcom, VMWare, Apple's, Sports, GameStop, Oracle, Casey's, Buster's Entertainment, Oxford Industries, Signet Jewelers, SIG, Jim Cramer's Charitable, CNBC, Apple, Apple Worldwide Locations: FactSet, Cupertino , California

☆ Last Call panel weighs in one Roaring Kitty livestream and GameStop's big moves
▼ + stars: | 2024-06-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLast Call panel weighs in one Roaring Kitty livestream and GameStop's big movesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Kitty livestream, Brian Sullivan, “ Organizations: CNBC

☆ Pausing congestion pricing leaves 'very large hole' in NYC MTA's budget, says Lisa Washburn
▼ + stars: | 2024-06-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPausing congestion pricing leaves 'very large hole' in NYC MTA's budget, says Lisa WashburnHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Lisa Washburn, Brian Sullivan, “ Organizations: CNBC

☆ Battle still rages over Musk's $56 billion Tesla pay package
▼ + stars: | 2024-06-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBattle still rages over Musk's $56 billion Tesla pay packageHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Brian Sullivan, “ Organizations: CNBC

☆ Celine Dion says she’s broken ribs and struggled to sing with rare stiff person syndrome
▼ + stars: | 2024-06-07 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Celine Dion is sharing details about how difficult her life has become as she lives with stiff person syndrome. The spasms can attack different parts of her body, including her abdomen, spine and ribs, she said. “I have broken ribs at one point because sometimes when it’s very severe, it can break some ribs as well,” the Grammy-winner shared. The disorder is “a rare, progressive syndrome that affects the nervous system, specifically the brain and spinal cord,” according to the National Institute of Neurological Disorders and Stroke. That is also the focus of an upcoming documentary, “I Am: Celine Dion,” set to stream on Prime Video on June 25.

Persons: Celine Dion, NBC’s Hoda Kotb, “, ” Dion, ”, Dion Organizations: CNN, National Institute of Neurological Disorders, ”, NBC

Oppenheimer raised its price target on Microsoft to $500 on the potential of increasing AI adoption. Shares of AT & T are up 9% on the year, but analyst Michael Rollins' $20 price target implies that shares could rise another 9%. Analyst Andrew Obin upgraded the Post-it and Scotch parent to buy from neutral and raised his price target by $15 to $120. Analyst Christopher Nardone upgraded the shoe maker to buy from neutral and raised his price target by $16 to $87. Analyst Jay Sole upped his price target on the clothing maker by $14 to $174, now suggesting upside of 43.4%.

Persons: Oppenheimer, Exxon, Neal Dingmann, Dingmann, aren't, — Spencer Kimball, Michael Rollins, Rollins, Lisa Kailai Han, BofA, Andrew Obin, William Brown, Michael Roman, Brown, Obin, — Alex Harring, Christopher Nardone, Nardone, Skechers, Jeffrey Zekauskas, Zekauskas, Huntsman, Benjamin Soff, Soff, Fred Imbert, PVH, Jay Sole, Calvin Klein, Tommy Hilfiger, Sole, Alex Harring, Morgan Stanley, Dara Mohsenian, Mohsenian, Anthony Chukumba, Chukumba, Gavin Parsons, Parsons, Tami Zakaria, Zakaria, Herc, Morgan, Tim Hsiao, Bernstein's Eunice Lee, NIO, America's Ming Hsun Lee, Timothy Horan, Horan, Rob Sanderson, Sanderson Organizations: CNBC, Microsoft, Loop, Exxon, Natural Resources, Citi, AT, VZ, Bank of America, Huntsman, JPMorgan, Deutsche Bank, UBS, Colgate, Palmolive, Loop Capital, UBS shaves, Boeing, Rentals, United Rentals, Herc Holdings, Wall, 3Q, Bank, OpenAI Locations: Truist, Guyana, OPEC, Thursday's, America's

☆ Wall Street is putting its foot down as ‘Roaring Kitty’ sends GameStop soaring again
▼ + stars: | 2024-06-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +9 min

That means that Gill has the right to purchase 12 million shares of GameStop at $20 apiece by a set expiration date. GameStop shares closed Wednesday at $46.55 a share, more than double the price locked in by those options. Gill hasn’t explicitly told anyone to buy GameStop shares or that he thinks it’s headed to the moon. In comparison, shares of GameStop and AMC Entertainment have surged 167% and 99%, respectively, since Gill’s return to social media. Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.

Persons: Kitty, Keith Gill, Gill, Michael M, Gill hasn’t, it’s, Jay Woods, Woods, hasn’t, Morgan Stanley, Gill isn’t, copycats, Warren Buffett, Berkshire Hathaway, Buffett, Chubb, ”, Bill Galvin, Gill’s, Hanna Ziady, Christine Lagarde —, ” —, Read, OpenAI, Brian Fung, Inflection’s, didn’t, Keith Gill’s Organizations: CNN Business, Bell, New York CNN, GameStop, AMC Entertainment, CNN, Gamestop, New York Stock Exchange, Street, Freedom Capital, Berkshire, The Securities, Exchange Commission, SEC, Financial, Traders, stoke, Wall, Retail, Roaring Kitty YouTube, European Central Bank, US Federal Reserve, Bank of England, ECB, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, of Justice Locations: New York, New York City, Massachusetts, Washington, Europe

☆ Here's what to expect from Friday's big jobs report
▼ + stars: | 2024-06-06 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Investors will be looking to May's nonfarm payrolls report for more clarity on whether the Federal Reserve can ease up in its battle against inflation. "The jobs report for May is now particularly consequential," Citigroup economist Andrew Hollenhorst said in a note. "A weaker reading [of less than 175,000 jobs and an unemployment rate of 4% or more] would be a final piece of evidence that the slowdown will continue. Citi expects that the report will show just 140,000 jobs, with the unemployment rate hitting 4% for the first time since January 2022. Markets currently are pegging the first rate cut to come in September, with one more on the way in December.

Persons: nonfarm, Dow Jones, Andrew Hollenhorst, Goldman Sachs Organizations: Federal, of Labor Statistics, Citigroup, Citi Locations: U.S, payrolls

☆ U.S. internet access economy 'more competitive than ever', says Fmr. FCC Chair Ajit Pai
▼ + stars: | 2024-06-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. internet access economy 'more competitive than ever', says Fmr. FCC Chair Ajit PaiHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Ajit Pai, Brian Sullivan, “ Organizations: CNBC

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