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Here are Tuesday's biggest calls on Wall Street: Bank of America reiterates Nvidia as buy The firm named Nvidia to its best-of-breed list. Goldman Sachs reiterates Microsoft as buy Goldman said it's sticking with its buy rating on the stock. "We reiterate our Buy rating ($515 Price Target) on Microsoft as we see the company yielding strong returns on its Gen-AI investments." "We are initiating on Carpenter Technology (CRS) with a Buy rating and $144 target price (47% upside potential)." "We are initiating coverage on Rivian Automotive, Inc. (RIVN) with a BUY rating and $18 PT."
Persons: BoB, Goldman Sachs, Goldman, it's, TD Cowen, Zeta, Raymond James downgrades Penn, Raymond James, Wells, Tapestry's, Tesla, Piper Sandler, Uber, Piper, AMZN, Morgan Stanley, Ford, Evercore, Truist, Guggenheim, Rivian, Robinson, CHRW, Maxim, MicroStrategy Organizations: Bank of America, Nvidia, Disney, Microsoft, Technology, RBC, Zeta Global, PENN, UBS, Exxon, Deutsche Bank, Carpenter Technology, Tesla, Ford, TAP, Ball Corp, Rivian Automotive, Inc, Apple Locations: Capri, HNST
CNN —The Biden administration is moving toward lifting a de facto ban on American military contractors deploying to Ukraine, four US officials familiar with the matter told CNN, to help the country’s military maintain and repair US-provided weapons systems. The change would mark another significant shift in the Biden administration’s Ukraine policy, as the US looks for ways to give Ukraine’s military an upper hand against Russia. The policy is still being worked on by administration officials and has not received final sign-off yet from President Joe Biden, officials said. Allowing experienced, US government-funded American contractors to maintain a presence in Ukraine means they will be able to help fix damaged, high-value equipment much faster, officials said. The discussions follow a series of decisions the US has made in recent months to try to help Ukraine beat back the Russians.
Persons: CNN —, Biden, Joe Biden, , , Jake Sullivan, Alex Vindman, Donald Trump’s, Vindman, ” Vindman Organizations: CNN, Biden, Russia, , Pentagon, State Department, Administration, Ukraine, National, European Affairs, Donald Trump’s National Security Council Locations: Ukraine, Russia, Ukrainian, Poland, Romania, Kharkiv, Iraq, Afghanistan
In this article DAL Follow your favorite stocks CREATE FREE ACCOUNTThe bar at the Delta One lounge at New York's John F. Kennedy International Airport. Leslie Josephs | CNBCDelta Air Lines' most exclusive airport lounge opens this week to travelers flying on the right ticket. Leslie Josephs | CNBCThe lounge, Delta's largest, is a step up from Delta's more accessible Sky Club lounges, with areas to relax. Amenities in bathroom and shower stall at Delta One lounge at John F. Kennedy International Airport. Bar at Delta One lounge at John F. Kennedy International Airport in New York.
Persons: John F, Leslie Josephs, Airport Leslie Josephs, Dwight James, Delta's, James Organizations: Delta, Kennedy International, CNBC Delta Air Lines, Kennedy, CNBC, CNBC Delta, American Airlines and United Airlines, Airport, Sky, JFK Locations: John, U.S, New, New York
The European Court of Human Rights ruled on Tuesday that Russia and its proxy security forces in Crimea have committed multiple human rights violations during its decade-long occupation of the former Ukrainian territory. Between 2014 and 2018, there have been 43 cases of enforced disappearances, with eight people still missing. The disappeared were mostly pro-Ukrainian activists and journalists, or members of Crimea’s Tatar ethnic minority, the court found. Investigations of the disappearances went nowhere, the court added in its judgment. Men and women were abducted by the Crimean self-defense forces, by Russian security forces or by agents of Russia’s Federal Security Service, or F.S.B.
Persons: Russia’s Organizations: European, of Human, Crimean, Federal Security Service Locations: Russia, Crimea, Ukrainian, Ukraine, Simferopol
The actor Jay Johnston, who voiced Jimmy Pesto Sr. on the animated Fox sitcom “Bob’s Burgers,” has agreed to plead guilty in the federal case against him over his participation in the riot at the Capitol on Jan. 6, 2021. The authorities arrested Mr. Johnston, 55, in California last summer and charged him with four counts, including civil disorder and entering restricted grounds. Mr. Johnston agreed to plead guilty to a single count of civil disorder in exchange for the other charges being dropped, according to a person familiar with the case who spoke on condition of anonymity. A civil disorder charge carries a maximum prison sentence of five years, or a fine or both. Mr. Johnston was a regular on the groundbreaking 1990s television comedy “Mr.
Persons: Jay Johnston, Jimmy Pesto, , Mr, Johnston, Bob, David ”, Sarah Silverman Organizations: Fox, Capitol, District of Columbia Locations: California, U.S, Black
CNN —Is Karen Read a rage-filled cop killer, or the convenient patsy of a vast police cover-up? That’s the question put to a Massachusetts jury on Tuesday in closing arguments of her murder trial in a case that has riveted the Bay State. After closing arguments Tuesday morning, the jury began deliberations at about 1:30 p.m. and continued for about three hours. A drunken Read then struck him with the vehicle and fled, leaving him to die in the snowy cold, prosecutors say. “Lie, obfuscate, manipulate, alter, and when they’re caught, they just excuse it away,” Jackson said in closing arguments.
Persons: CNN —, Karen Read, John O’Keefe, O’Keefe, Adam Lally, , Alan Jackson, ” Read, ” Eva Jenkins, Steven Senne, Michael Proctor, Read, , Proctor, Maura Healey, inexcusable ”, ” Jackson, Chloe –, Firefighters, ” Lally, O’Keefe’s, “ John, they’re, “ That’s, ” Aidan Kearney, Turtleboy, Kearney Organizations: CNN, Boston Police, Boston, Prosecutors, Norfolk Superior Court, Massachusetts State Police, WCVB, WBZ Locations: Massachusetts, State, Canton, Bourne , Massachusetts, Norfolk, Dedham , Massachusetts, Fairview
When eight Tajik men sought asylum at the southwestern U.S. border months ago, federal authorities had no reason to doubt that they were desperate migrants fleeing a poor country in war-torn Central Asia. learned they might have ties to the Islamic State and opened a counterterrorism investigation. Dozens of personnel monitored the men closely as they made their way to different cities across the United States, officials said. The White House was updated regularly. So far, the men have not been charged with any terrorism-related offenses.
Organizations: Islamic Locations: U.S, Central Asia, Islamic State, United States
One is to fix problems with trim pieces, which can loosen and fall off the trunk, and the other is to address faulty motor controllers in the front windshield wipers. The report said a "non-functioning windshield wiper may reduce visibility in certain operating conditions, which may increase the risk of a collision." Tesla plans to replace the motor controller in the Cybertruck windshield wipers for customers. An earlier Cybertruck recall was issued to repair an accelerator pedal issue. The recall disclosures for the windshield wiper issue said that from Nov. 13, 2023, to Jun.
Persons: Tesla, , didn't, Elon Musk, Musk, Tesla's, It's Organizations: National, Traffic Safety Administration, Ford, Tesla Locations: U.S, Austin , Texas, China
and other leagues moved more of their games onto cable and satellite broadcasters and subscription streaming services. The strategy has paid off: Ninety-three of the 100 most-watched programs on television last year were N.F.L. dismissed offers to create cheaper services that would have let fans buy games based on teams. They are seeking damages of $7 billion, which could be tripled under antitrust statutes. That could take a significant bite out the league’s annual media rights, which are now worth more than $10 billion a year.
Organizations: Major League Baseball, Nielsen, Sunday, DirecTV, CBS, Fox Locations: Los Angeles
AdvertisementAn F/A-18E Super Hornet launches from the flight deck of the USS Dwight D. Eisenhower in the Red Sea on April 12. AdvertisementThe USS Dwight D. Eisenhower conducts flight operations in the Red Sea on Feb. 23. The aircraft carrier USS Dwight D. Eisenhower sails in the Mediterranean Sea on Nov. 3, 2023. AdvertisementThe Ike and its escort warships will soon be replaced by the USS Theodore Roosevelt Carrier Strike Group, which has been operating in the Indo-Pacific region. The changing of America's Middle East naval presence comes amid a particularly active stretch for the Houthis.
Persons: , Dwight D, Eisenhower, Ike, Lloyd Austin, Arleigh Burke, IKE, Kavon Hakimzadeh, Navy Petty, Theodore Roosevelt Carrier Organizations: Service, Business, Aircraft, Hornet, US Navy, US, Eisenhower, Defense, Pentagon, Ticonderoga, Fleet, Carrier Strike, Navy, Theodore Roosevelt Carrier Strike Locations: Iran, Gulf, Aden, Yemen, Britain, France, East
Adam Jonas, a well-known auto analyst at the investment bank, said Ford remains his top pick in the auto sector. Now, Jonas said Ford could take the spotlight as the focus within the sector shifts from electric vehicle investment to capital discipline. It comes at a tumultuous time for automakers as they grapple with softer-than-anticipated electric vehicle demand. Given an ongoing "unwind" in the electric vehicle story, he said Ford has the potential to flip the stock performance. Jonas' $17 price target for Ford implies the Detroit-based company's stock can rally around 39% over the next 12 months.
Persons: Morgan Stanley, Adam Jonas, Ford, Jonas, outperformance Organizations: Ford, General Motors, GM Locations: Detroit
Biden’s Polling Progress
  + stars: | 2024-06-25 | by ( David Leonhardt | ) www.nytimes.com   time to read: +1 min
That’s perhaps the most succinct way to summarize the race two days before the candidates’ first debate — a debate unlike any other in U.S. history. It will occur more than four months before Election Day and before either candidate has received his party’s formal nomination. We’re devoting today’s newsletter to the campaign both because of the debate and because of the release this morning of The Times’s 2024 polling averages. As Nate explains, Biden began to rise in the polls around the time of his State of the Union address in March. With Kennedy included, Trump leads Biden, 41 percent to 40 percent, with Kennedy at 8 percent and the remaining electorate undecided.
Persons: Biden, Donald Trump, Trump, That’s, We’re, Nate Cohn’s, Nate, Robert F, Kennedy
The federal judge overseeing former President Donald J. Trump’s classified documents case showed little patience on Tuesday with an argument by his lawyers that the F.B.I.’s search two years ago of Mar-a-Lago, his private club and residence in Florida, was conducted improperly. The judge, Aileen M. Cannon, has granted a serious audience to several far-fetched arguments by Mr. Trump’s lawyers. could search and what items it could seize. “It seems like it is,” Judge Cannon said, disagreeing with Mr. Trump’s lawyers about the question of specificity and all but ruling against them from the bench. “I have a hard time seeing what other language needed to be included.”
Persons: Donald J, Trump’s, Aileen M, Cannon, Judge Cannon, , Organizations: Federal, Court Locations: Mar, Florida, Fort Pierce, Fla
After three sessions of heavy rotation out of tech and AI winners and into other areas of the market, the market has shifted back to tech and momentum leaders. So when cracks are forming in other areas of the market, investors quickly return to where the growth is the strongest: tech. Stress tests: With the annual bank stress test results due out Wednesday after the bell, Jefferies took a look at how bank stocks have fared since 2021 immediately following the release. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.
Persons: Jim Cramer, John Rainey, Cramer, Ford, Jefferies, Wells Fargo, General Mills, — Morgan Chittum, Jim Cramer's, Jim, Bill Pugliano Organizations: CNBC, Corp, Supply, Pool Corp, Walmart, Union Pacific, Micron, Nvidia, Federal Reserve, Jefferies, FedEx, United States Postal Service, Jim Cramer's Charitable, Ford, Ford Dearborn Plant, Getty Locations: London, Dearborn , Michigan
Scientists recently identified the animal’s nerve cord by using a topsy-turvy twist. In 2012, after decades of studying Pikaia fossils, researchers described its fossilized internal structures in great detail. However, recent analysis of Pikaia fossils by another team of scientists, published June 11 in the journal Current Biology, has upended this view and all other earlier studies about Pikaia. The presumed blood vessel was a nerve cord, a feature associated with the animal group known as chordates, in the phylum Chordata. While there are no living analogues for Pikaia, the fossil arthropod data gave the scientists a more detailed frame of reference for Pikaia’s nerve cord.
Persons: Charles Doolittle Wolcott, Giovanni Mussini, Pikaia, , Jon Mallatt, Mallatt, “ Pikaia’s, Jakob Vinther, Mussini, ” Mussini, we’ve, ” Mallatt, ” Mindy Weisberger Organizations: CNN, Smithsonian National Museum of, Royal Ontario Museum, University of Idaho, University of Bristol, University of Cambridge, Scientific Locations: Burgess, British Columbia, macroevolution, United Kingdom, mudskippers, chordates
Besides signing the defense deal with Kim Jong Un, Putin also linked security on the Korean Peninsula to Russia’s invasion of Ukraine, threatening to arm North Korea should South Korea provide military aid to Kyiv. The aircraft carrier’s presence in Busan is just the latest in a series of US military moves to show Washington’s “ironclad” commitment to its own treaty ally in South Korea. Earlier this month, US Air Force B-1B bombers participated in a live-fire exercise on the peninsula, the first time in seven years those long-range strike aircraft have dropped live munitions in South Korea. The visit of the USS Theodore Roosevelt to Busan marks the second time a Nimitz-class carrier has visited South Korea in seven months. Neither the US nor South Korea would give details or exact dates of the upcoming Freedom Edge exercise.
Persons: Theodore Roosevelt, Vladimir Putin, Kim Jong Un, Putin, Kim, ” Putin, Carl Vinson, Roosevelt, , , Dwight D, Eisenhower, Ronald Reagan Organizations: Hong Kong CNN, United States Navy, DPRK, Democratic People’s, CNN, US Air Force, United Nations, South, Nimitz, Hornet, South Korean, Pentagon Locations: Hong Kong, South Korea, Washington, Seoul, Tokyo, North Korea, Russia, Busan, Japan, Russian, Pyongyang, Ukraine, Kyiv, Democratic People’s Republic of Korea, North, Korea, Moscow, Yemen, Iran, Pacific, Yokosuka
The tents, the flags, the banners calling for a cease-fire in the Israel-Hamas war. But this was at the University of California, San Francisco, one of the nation’s pre-eminent medical schools and teaching hospitals. And the chants of “intifada, intifada, long live intifada!” could be heard by patients in their hospital rooms at the U.C.S.F. The Israel-Hamas war has frayed social ties around the world, undermining family gatherings and school classrooms. Unlike other University of California campuses, U.C.S.F.
Organizations: University of California, . Medical, of California Locations: United States, Israel, San Francisco, U.C.S.F
Violent crime and burglaries had become enough of a problem that getting an In-N-Out burger and fueling up near the airport was considered a risky endeavor. The city’s last remaining major league sports team announced in April that it would leave town after 57 seasons. All of which served to drive signatures for a recall election against Mayor Sheng Thao only 18 months into her tenure — a rare ouster attempt in a city this large. Then, two days after the recall qualified for the ballot last week, F.B.I. agents raided the home of Ms. Thao and stayed there for hours.
Persons: Sheng Thao, Thao Locations: Oakland, Calif
Read previewPresident Joe Biden and former President Donald Trump are set to face off later this week in the earliest major presidential debate on record. The first presidential debate of the 2024 election will be Thursday, June 27 at 9 p.m. Then-President Donald Trump eyes former Vice President Joe Biden during the final debate of the 2020 election. CNN correspondent Daniel Dale rose to fame fact-checking Trump, but don't expect him, Tapper, or Bash to chime during the debate. In late April, Biden told radio host Howard Stern he would debate Trump.
Persons: , Joe Biden, Donald Trump, Morry Gash, Trump, Biden, Jake Tapper, Dana Bash, Biden team's, Daniel Dale, Tapper, David Chalian, Robert F, Kennedy Jr, Kena Betancur, Kennedy, Nicole Shanahan, Kennedy's, we’ve, hick, O, hite, ake, ike, orward, egan, orth Organizations: Service, Clear, Trump, Business, CNN, New York Times, Getty, O bama Locations: Max, Atlanta, AFP
Read previewPresident Joe Biden and former President Donald Trump are set to face off later this week in the earliest major presidential debate on record. The first presidential debate of the 2024 election will be Thursday, June 27 at 9 p.m. Then-President Donald Trump eyes former Vice President Joe Biden during the final debate of the 2020 election. In late April, Biden told radio host Howard Stern he would debate Trump. Trump will be in Virginia, a state that hasn't gone for the GOP in a presidential election since 2004.
Persons: , Joe Biden, Donald Trump, Morry Gash, Trump, Biden, Jake Tapper, Dana Bash, Biden team's, Daniel Dale, Tapper, David Chalian, Robert F, Kennedy Jr, Kena Betancur, Kennedy, Nicole Shanahan, Kennedy's, we’ve, hick, O, hite, ake, ike, orward, egan, orth Organizations: Service, Clear, Trump, Business, CNN, New York Times, Getty, O bama Locations: Max, Atlanta, AFP
The Supreme Court on Monday turned away two Covid-related appeals brought by Children's Health Defense, the anti-vaccine group founded by independent presidential candidate Robert F. Kennedy Jr. In the FDA case, the group claimed in court papers that Covid vaccines were "ineffective and lacked proper vetting." Circuit Court of Appeals found that Kennedy's group did not have legal standing to sue. Kennedy is listed as a lawyer on the Rutgers filing at the Supreme Court despite his leave of absence from the group. In a separate vaccine-related case, the court also turned away a challenge to Connecticut's decision to repeal a religious exemption for school vaccinations.
Persons: Robert F, Kennedy Jr, Kennedy Organizations: Children's Health Defense, Food, Rutgers University, FDA, Circuit, Appeals, Rutgers, Democratic, Health Defense Locations: Phoenix , Arizona, New Jersey, Orleans, Philadelphia
The federal judge overseeing former President Donald J. Trump’s classified documents case posed tough questions on Monday to prosecutors who have asked her to bar him from making inflammatory statements that might endanger any F.B.I. At a contentious hearing in Federal District Court in Fort Pierce, Fla., the judge, Aileen M. Cannon, seemed disinclined to impose new conditions on Mr. Trump that would limit what he could say about the F.B.I. The court-authorized search was a crucial element of the government’s investigation, leading to the discovery of more than 100 classified documents that Mr. Trump kept after leaving office. The hearing was the latest clash between Mr. Trump’s lawyers and prosecutors in the office of the special counsel, Jack Smith. It centered on a knotty issue that has now cropped up in several of the former president’s legal cases: how to balance Mr. Trump’s right to attack the government — even falsely — against shielding the participants in the cases from threats of violence or harassment inspired by his incendiary remarks.
Persons: Donald J, Trump’s, Aileen M, Cannon, Trump, Prosecutors, Jack Smith, Organizations: Federal, Court Locations: Fort Pierce, Fla, Mar, Florida
A return to the roots of presidential debates
  + stars: | 2024-06-24 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +10 min
CNN —CNN’s presidential debate will feel like something new for most Americans, but it is actually a return to the roots of presidential debates. J. David Ake/AFP/Getty Images Monica Moorehead, a presidential candidate from the Workers World Party, disrupts a presidential debate in Washington, DC, in 1996. Gerald Herbert/AP Barack Obama, right, and John McCain shake hands at the start of a presidential debate in 2008. Joseph Kaczmarek/AP Obama hugs his wife, Michelle, as Romney kisses his wife, Ann, after their third presidential debate in 2012. Ultimately, the commission was formed to create a nonpartisan framework for presidential debates – something that has been exported to other countries.
Persons: CNN —, Joe Biden, Donald Trump, Jake Tapper, Dana Bash, Sen, John F, Kennedy, Richard Nixon, Nixon, Howard K, Smith, Jimmy Carter, Gerald Ford, Carter, Jerry Mosey, Betty, David Hume Kennerly, John B, Ronald Reagan, Anderson, AP Carter, Reagan, Walter Mondale, George H.W, Bush, Michael Dukakis, Dennis Cook, Ross Perot, Bill Clinton, Clinton, Ron Edmonds, AP Clinton, Bob Dole, J, David Ake, Monica Moorehead, Joe Marquette, Mark Penn, Lorenzo Alvarez, Angelica, George W, Al Gore, Joe Raedle, Jim Lehrer, Gore, John Kerry, Gerald Herbert, Barack Obama, John McCain, Charles Dharapak, Obama, Mary Jackson's, Mitt Romney, Joseph Kaczmarek, Michelle, Romney, Ann, David Goldman, Hillary Clinton, Patrick Semansky, Salwan Georges, Biden, Chip Somodevilla, Alan Schroeder, ” Kennedy, Schroeder, , Ford, John Anderson, sidestep, Trump, ” Schroeder, Abraham Lincoln, Stephen Douglas, Douglas, Read, haven’t, “ They’re, Organizations: CNN, Commission, CNN’s Atlanta, CBS, Getty, State University of New, Ford, Anderson, Cleveland Convention Center, AP, Music, Bettmann, Bushnell, Theater, Workers World Party, AP Workers, Hofstra University, AP Trump, Washington Post, Trump, Northeastern University, House, Republican, Republican National Convention, Biden, Lincoln, White, Illinois Senate, ABC News Locations: Los Angeles, New York, State University of New York, Albany, Cleveland, Hartford , Connecticut, Washington , DC, San Diego, El Paso , Texas, Hempstead , New York, Detroit, Soviet Union, Eastern Europe, Lincoln, Illinois
Hollywood Sharpens Aim at Online Pirates
  + stars: | 2024-06-24 | by ( Brooks Barnes | ) www.nytimes.com   time to read: +1 min
In recent years, Hollywood has become much better at hunting pirates. But thieves are also getting better, moving operations overseas and taking advantage of the rising popularity of streaming to steal more content. official to lead the drive and renewing a push for federal legislation to combat online thievery overseas. The companies, which include Netflix, Disney, NBCUniversal and Warner Bros. as a special agent investigating computer hacking and intellectual property crimes and ultimately became the bureau’s fourth-highest-ranking official and highest-ranking woman.
Persons: Larissa L, Knapp Organizations: Hollywood, Netflix, Hulu, Amazon’s, Disney, Warner Bros, Association
Nicolae Crețu, the commander of the air base, told the outlet that the expanded facility would require "maintenance hangars, fuel stores, ammunition, equipment, aviation technical materials, simulators, feeding facilities, accommodation." Advertisement"Our objective here in Romania is to enhance our integration into NATO Air Power by honing and deepening our cooperation with the Royal Air Force and the Romanian Air Force", he added. Romanian air force F-16 fighter planes. AdvertisementNevertheless, Putin this week reiterated his threats to the West, vowing to go "to the end" in the war with Ukraine. Defeat in Ukraine, Putin said, would mean "the end of the 1,000-year history of the Russian state.
Persons: , Nicolae Crețu, Rami Lindström, Andreea Alexandru, Charlie Tagg, Dorin Popescu, Mihail Kogălniceanu, Andrey Klimov, Vladimir Putin, ALEXANDER NEMENOV, Putin Organizations: Service, NATO, Euro News Romania, Business, BBC, Finnish Air Force, Royal Air Force, NATO Air Power, Romanian Air Force, AP, Federation, Committee, Foreign Affairs, Getty Locations: Odesa, Ukraine, Europe, Romania, Romanian, Norway, Andreea Alexandru US, Bucharest, Russian, Russia, Finland, Sweden
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