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LAUNCESTON, Australia, June 22 (Reuters) - Commodities had a mixed reaction to the latest stimulus measures aimed at boosting the Chinese economy's stuttering post-pandemic recovery. Still, iron ore imports have remained fairly steady in recent months. Commodity analysts Kpler estimated that arrivals in June would be in the order of 98.73 million metric tons, which would be slightly higher than the official customs figure for May of 96.17 million tons. OIL GAINSIn contrast to iron ore's lacklustre response to China's latest stimulus measures, crude oil and copper performed better. Asia's crude oil imports are expected to remain robust in June.

Persons: Lim Boon Heng, LPR, Simon Cameron, Moore Organizations: Commodities, Xinhua, Brent, U.S, . Federal, Refinitiv Oil Research, Shanghai, Reuters, Thomson Locations: LAUNCESTON, Australia, Singapore, Beijing, China, May's, India, South Korea

☆ Report Cites More Than 350 Anti-L.G.B.T.Q. Incidents Over 11 Months
▼ + stars: | 2023-06-22 | by ( Maggie Astor | ) www.nytimes.com time to read: +1 min

The report uses similar methodology to what A.D.L. and GLAAD have compiled a report on homophobic and transphobic incidents. and GLAAD had documented 101 such incidents in the first three weeks of June, which is Pride Month. An upcoming report from the Center for the Study of Hate and Extremism at California State University, San Bernardino shows a 52 percent increase in anti-L.G.B.T.Q. It also shows a 47 percent increase in hate crimes against gender-nonconforming people, which the report defines as including drag performers.

Persons: Sarah Moore, ”, Sarah Kate Ellis, “, Brian Levin Organizations: GLAAD, Center, California State University, San Locations: A.D.L, San Bernardino

[1/3] A view shows the damaged Chonhar bridge connecting Russian-held parts of Ukraine's Kherson region to the Crimean peninsula, following what Russian-appointed officials say was a Ukrainian missile attack, in this picture released June 22, 2023. Russian-installed leader of the Kherson region... Read moreJune 22 (Reuters) - Ukrainian missiles struck the Chonhar road bridge connecting Crimea with Russian-held parts of the southern Kherson region overnight, forcing traffic to be diverted to a different route, Russian-appointed officials said on Thursday. The so-called "gate to Crimea", known by Russians with a different spelling as the Chongar Bridge, is one of a handful of links between Crimea - which Moscow annexed from Ukraine in 2014 - and mainland Ukraine. It is on a route used by the Russian military to move between Crimea and other parts of Ukraine under its control. A link between the Kherson region and Crimea continues to operate - a reserve route has been temporarily organised for vehicular traffic."

Persons: Read, Vladimir Saldo, Saldo, Sergey Aksyonov, Tom Hogue, Simon Cameron, Moore, Andrew Cawthorne Organizations: Russian, Moscow, Reuters, Thomson Locations: Russian, Ukraine's Kherson, Ukrainian, Kherson, Crimea, Moscow, Ukraine, Kyiv

☆ U.S. to slap new sanctions on Myanmar state-owned banks - sources
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +3 min

The Thai reports, published on Tuesday, said Washington would announce new sanctions on Myanmar Foreign Trade Bank and Myanmar Investment and Commercial Bank as early as Wednesday. A spokesman for Myanmar's military junta said it was not worried about any new sanctions. Zaw Min Tun told the state media channel MWD on Tuesday evening that the country has experienced sanctions before and they will not face losses if there are new sanctions on Myanmar state-owned banks. He said the United States was "just doing this to cause difficulties in economics and politics". One of the Thai media reports, by Bangkok Business News, cited Thai sources as saying the sanctions would impact Thailand and other countries in the region financially because of connections with local banks.

Persons: Washington, Aung, Kyi, Min Tun, Critics, Prayuth Chan, Panu, Poppy McPherson, Kay Johnson, Raju Gopalakrishnan, Simon Cameron, Moore Organizations: United, Myanmar Foreign Trade Bank, Myanmar Investment, Commercial Bank, Reuters, Embassy, Bangkok Business, Thai, Thomson Locations: BANGKOK, United States, U.S, Thailand, States, Myanmar, Bangkok, Pattaya, ASEAN

☆ NFL underlines gambling policy for players with six ‘key rules’ after recent spate of violations
▼ + stars: | 2023-06-21 | by ( Ben Morse | Wayne Sterling | ) edition.cnn.com time to read: +3 min

CNN —The NFL has stiffened its gambling policy for players by introducing six ‘key rules’ after a recent spate of violations. Don’t bet on the NFL;2. And don’t bet when you’re at work, wherever work happens to be in that moment. Rodgers added he made an “error in judgment.”In April, the NFL suspended five players for violating the league’s gambling policy. Moore of the Detroit Lions and Shaka Toney of the Washington Commanders were suspended indefinitely for betting on NFL games during the 2022 season.

Persons: Don’t, ” Jeff Miller, “ Don’t, That’s, you’re, ” Miller, Isaiah Rodgers, Rodgers, ”, Quintez, . Moore, Shaka Toney, Stanley Berryhill, Jameson Williams, Calvin Ridley, Roger Goodell, ” Goodell, “ We’ve, foolproof Organizations: CNN, NFL, Indianapolis Colts, Detroit Lions, Washington Commanders, Lions, Jacksonville Jaguars, Atlanta Falcons, Spring League Locations: Minnesota

☆ Australia's unemployment rate needs to rise to curb inflation - top c.banker
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, June 20 (Reuters) - Australia's unemployment rate needs to rise to help contain inflation and avoid higher interest rates and a deep recession, a top central banker warned on Tuesday, after data showed little loosening in a still drum-tight labour market. Reserve Bank of Australia (RBA) Deputy Governor Michelle Bullock said the jobless rate would need to rise to about 4.5% from the current rate of 3.6% to bring the economy back into balance, a rate still well below pre-pandemic levels. Indeed, Bullock also warned that if inflation were to become entrenched in people's expectations, that would mean higher rates and a larger rise in unemployment. "A deep and long-lasting recession would be likely, which would mean a substantial rise in the unemployment rate." Reporting by Stella Qiu; Editing by Jacqueline Wong & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Michelle Bullock, Bullock, Stella Qiu, Jacqueline Wong, Simon Cameron, Moore Organizations: SYDNEY, Reserve Bank of Australia, Ai Group, Thomson Locations: Newcastle

☆ Estonia becomes first ex-Soviet state to legalize same-sex marriage
▼ + stars: | 2023-06-20 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

CNN —Estonia’s parliament passed on Tuesday a law legalizing same-sex marriage, becoming the first ex-Soviet country to do so. Two adults will be able to marry “regardless of their gender,” after the parliament approved amendments to the country’s Family Law Act, according to a press statement. The amendments to the Family Law Act also mean that same-sex couples can now adopt children. Geoff Moore/ShutterstockSame-sex relationships have been legally recognized in Estonia since 2016, when the Registered Partnership Act took effect. “I am delighted that the decision has now been taken for a more forward-looking Estonia that cares for all.”

Persons: CNN —, Kaja Kallas, ”, Geoff Moore, “, Signe Riisalo, ” Riisalo Organizations: CNN, ”, Estonian Human Rights, Estonia’s, Social Locations: Soviet, Estonia, Tallinn

☆ This A.I. leader has nearly tripled this year. Wall Street can't stop raving about it and neither can we
▼ + stars: | 2023-06-20 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

The stock has basically tripled year to date in the artificial intelligence-driven enthusiasm that has recently been gripping Wall Street. The analysts also increased their price target to $500 per share from $472 following discussions with CFO Colette Kress at a recent conference. Bernstein appears to echo this near-term bullish view on Nvidia, reiterating its outperform (buy) rating and $475-per-share price target. Evercore derived its price target by assuming 25x that $30 figure and discounting back to calendar year 2024, using a 10% discount rate . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jefferies, Colette Kress, Bernstein, —, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nvidia, supercomputing, Enterprise, Moore's, CNBC, NVIDIA Locations: Santa Clara , California

☆ Domino's rolls out new service to deliver pizzas to places like beaches and parks
▼ + stars: | 2023-06-20 | by ( Yuheng Zhan | ) www.cnbc.com time to read: +2 min

Franchisee Tom Peterson demonstrates a new Domino's Pizza Inc. app, part of their digital ordering system, at a Domino's "pizza theater" location in Jersey City, New Jersey. For the customer craving pizza while sunbathing on a beach or relaxing in a park, Domino's Pizza wants to make delivery as easy as it is at home. Domino's on Tuesday announced its new Pinpoint Delivery service, which allows customers nationwide to order to locations without a standard address. Domino's launched a similar pin-drop delivery technology called Domino's Anywhere through its master franchisee in Australia in 2017. The Pinpoint Delivery rollout will make the feature available for the first time in U.S. markets.

Persons: Tom Peterson, Christopher Thomas, Moore, Domino's, Danielle Bulger, Chris O'Cull Organizations: Inc, Tuesday, CNBC, Apple Locations: Jersey City , New Jersey, Domino's, U.S, Australia

ISLAMABAD, June 20 (Reuters) - Pakistan and China signed a $4.8 billion deal on Tuesday to build a 1,200-megawatt nuclear power plant, Prime Minister Shehbaz Sharif said, hailing the investment by a country that Pakistan views as its most dependable ally. Pakistan's total nuclear energy production capacity rose to 1,400 mw, when the country's sixth nuclear power plant opened two years ago. Located in the southern port city of Karachi, that 1,100 mw plant was also constructed with Chinese assistance. It is unclear whether the new investment is part of the $65 billion that China has pledged in infrastructure building for Pakistan under its Belt and Road Initiative. Instead, he said, the Chinese had disbursed an initial 30 billion Pakistani rupees ($104.53 million) to start the project.

Persons: Shehbaz Sharif, Sharif, Asif Shahzad, Simon Cameron, Moore Organizations: PTV, China National Nuclear Cooperation, Pakistan Atomic Energy Commission, Initiative, Thomson Locations: ISLAMABAD, Pakistan, China, Punjab, Karachi

☆ Goldman Sachs cuts China growth forecast as property slowdown bites
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

SINGAPORE, June 19 (Reuters) - Goldman Sachs (GS.N) analysts have cut forecasts for China's economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds. The U.S. investment bank lowered its full-year real gross domestic product growth forecast for the world's second biggest economy from 6% to 5.4%, according to a note published late on Sunday. It also lowered its 2024 growth forecast from 4.6% to 4.5%. The cut follows similar moves by global peers, though still leaves Goldman among the most optimistic, as data shows China's post-pandemic recovery faltering. "We judge that growth headwinds are likely persistent while policymakers are constrained by economic and political considerations in delivering meaningful stimulus."

Persons: Goldman Sachs, Goldman, Hui Shan, Tom Westbrook, Simon Cameron, Moore Organizations: Thomson Locations: SINGAPORE, U.S, China

☆ Domino's can find you wherever you are with new Google pin drop tech
▼ + stars: | 2023-06-19 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

Domino's is using Google Maps tech to launch Pinpoint Delivery. Domino's has seen a slowdown in its delivery business due to inflationary pressures on customers. The pizza chain, which bills itself as a tech chain that happens to sell pizza, is leveraging Google Maps technology to deliver pizzas to locations without addresses, such as parks, beaches, and baseball fields. Domino's is leveraging Google Maps tech for Pinpoint Delivery. There's no extra cost for Pinpoint Delivery, which comes as inflationary pressures have hurt Domino's delivery business.

Persons: Domino's, —, Christopher Thomas, Moore, Carl Orsbourn, Sandeep Reddy, Reddy Organizations: Google, Service, Oppenheimer, Commerce, NPD

☆ A.I. could ‘remove all human touchpoints’ in supply chains. Here’s what that means
▼ + stars: | 2023-06-19 | by ( Lucy Handley | ) www.cnbc.com time to read: +7 min

Ryan Collerd | Bloomberg | Getty ImagesArtificial intelligence is likely to shake up the transportation industry — transforming how supply chains are managed and reducing the number of jobs carried out by people, according to analysts and industry insiders. Sidewalk robots, self-driving trucks and customer service bots are on their way, along with generative AI that can predict disruptions or explain why sales forecasts may have been missed, according to industry executives. "AI may be able to totally (or nearly) remove all human touchpoints in the supply chain including 'back office' tasks," Morgan Stanley 's analysts led by Ravi Shanker stated in a research note last month. AI is the latest one of these potentially transformative technologies to emerge – and perhaps the most powerful to-date," the analysts added. This is a theme picked up by analysts at investment firm Jefferies, who made multiple predictions about the effect that generative AI will have on transportation and logistics.

Persons: Morgan Stanley, Ryan Collerd, Ravi Shanker, Morgan, Jefferies, Stephanie Moore, Navneet Kapoor, Kapoor, Maersk, Igor Rikalo Organizations: Hershey Co, Bloomberg, Getty, EV, Trucking, Logistics, CNBC, Maersk, o9 Solutions Maersk Locations: U.S, Russia, Ukraine

☆ The Tropicana, a Relic on the Las Vegas Strip, Could Be Demolished
▼ + stars: | 2023-06-19 | by ( Livia Albeck-Ripka | ) www.nytimes.com time to read: +2 min

In an interview, Mr. Kim said that the renovation was ultimately an opportunity to grow employment. Not all of the casino’s workers, however, are in the union. I welcome change.”The looming stadium deal is not the first time the Tropicana has been threatened. By the 1970s, the resort was already struggling to compete with larger operations like Caesars Palace, and at the end of that decade, the F.B.I. The Tropicana has since changed hands several times.

Persons: Kim, Mr, ”, Ted Pappageorge, “ They’re, Pappageorge, Tawana Moore, “, Ms, Moore, we’ve, Frank Costello Organizations: Culinary Workers Union Local, Tropicana Locations: Nevada

☆ Remembering Sally Ride: 40th anniversary of her historic spaceflight
▼ + stars: | 2023-06-18 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

CNN —It has been 40 years since Sally Ride became the first woman from the United States to travel into outer space. She was not open about her personal life, according to former NASA astronaut Steve Hawley, who was married to Ride from 1982 to 1987. However, the educational company she cofounded, Sally Ride Science, revealed more of her personal life in her 2012 obituary, recognizing her longtime partner, Tam O’Shaughnessy, after Ride died of pancreatic cancer. NASASherr’s book “Sally Ride: America’s First Woman in Space” was first published in 2014. A trailblazer’s legacyRide’s ambition and love of knowledge extended far beyond her role as an astronaut, Sherr noted.

Persons: Sally Ride, Steve Hawley, Sally, Tam O’Shaughnessy, Ride, NASA hasn’t, General, Christina Koch, Victor Glover, Artemis, NASA's, Lynn Sherr, “, Sherr, ” Sherr, Dale Moore, ”, Billie Jean King, Martin Luther King Jr, ’, King Charles III, Prince of Wales, ‘, Valentina Tereshkova, Svetlana Savitskaya, Ride’s, Lyndon B, Johnson, Gloria Steinem, Richard Drew, Tam O'Shaughnessy, Barack Obama, Kevin Dietsch, O’Shaughnessy, Charles Tasnadi, Eileen Collins, NASA’s Koch, Jessica Meir, —, Rob Navias Organizations: CNN, NASA, Sally Ride, NASA’s, Space Center, CAPCOM, Johnson Space Center, ABC News, Ride, Edwards Air Force Base, Stanford University, Stanford Daily, Soviet Union, Girls Club of America, Magazine, White, UPI, Sally Ride Science, University of California, UC San Diego, Poets, State Department, United Nations Locations: United States, Houston, California, Soviet, New York, Washington ,, San Diego, Columbia

☆ A 16-year-old pocketed $50,000 for her award-winning discovery in the brains of people who died by suicide
▼ + stars: | 2023-06-18 | by ( Adam Barnes | ) www.businessinsider.com time to read: +8 min

She researches the brains of people who died by suicide to identify biomarkers. Identifying biomarkers of suicide in the human brainKulviwat found differences in the brains of 10 people who died by suicide compared to the control group: 10 people who died of other causes. The brains of those who died by suicide, which were donated for study by their next of kin, contained higher numbers of inflammatory cytokines. Though treatments for suicidal behavior exist, including psychotherapy and medications, suicide rates have mostly increased over the last 20 years. Hearing different perspectives and questioning why suicide research isn't progressing as much as other fields — like cancer or infectious diseases — inspired her research, she said.

Persons: Natasha Kulviwat, —, Gordon E, Moore, Natasha, it's, Kulviwat, she's, Dr, David Feifel, Feifel, What's, I'm Organizations: Regeneron, Science, Engineering, Service, Columbia University, Society for Science, Centers for Disease Control, University of California, Kadima Neuropsychiatry Institute —, National Institute of Health, American Foundation for Suicide Prevention Locations: claudin, University of California San Diego

☆ Maryland Gov. Wes Moore says he's 'not scared of the gun lobby' after the NRA sued him over the state's new gun-control law
▼ + stars: | 2023-06-18 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Wes Moore says he's "not scared of the gun lobby" after the NRA sued him last month. After signing into law sweeping gun-control bills in May, the NRA went to the US District Court. Moore, who took office in January, pledged to tackle gun violence during his campaign last year. Wes Moore was campaigning for office last year, he spoke out forcefully against gun violence — pledging to tighten laws governing the use of firearms. After signing sweeping gun-control bills into law last month, the National Rifle Association promptly sued the governor.

Persons: Wes Moore, he's, Moore, —, Jen Psaki, I've, I'm, Psaki Organizations: Maryland Gov, NRA, Service, National Rifle Association, White House, MSNBC, Democratic

☆ US-made MaxxPro mine-resistant armored fighting vehicles 'are almost indestructible,' Ukrainians say
▼ + stars: | 2023-06-17 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

US-made MaxxPro vehicles "are almost indestructible," a Ukrainian fighter told The Times. While some were killed as they attempted to flee, others escaped in a MaxxPro armored fighting vehicle, despite being under heavy fire. Last year, the US announced that it would send 200 vehicles to Ukraine as part of a military aid package. But it is facing formidable obstacles, including Russia's complex defense systems in southeastern Ukraine, comprised of razor wire, anti-tank obstacles, and deadly minefields, Insider recently reported. Ukrainian forces have fired the Remote Anti-Armor Mine System, a US-made artillery round that lays anti-tank mines in flight, Insider recently reported.

Persons: Ukraine's, —, Stepan, John Moore Organizations: Times, Jaeger Brigade, Service, Russian, The Times, Ukraine's 68th Jaeger Brigade, Navistar Defense, US, Reuters Locations: Ukrainian, Blahodatne, Iraq, Ukraine, Donetsk, US

☆ Lorrie Moore’s Intimate Secrets
▼ + stars: | 2023-06-17 | by ( Dan Kois | ) www.nytimes.com time to read: +4 min

In Moore’s stories, funny people banter with their loved ones as playfully as we all do, creating little bubbles around our relationships. After the publication of “Self-Help,” she became one of the most intriguing young writers in America, but her real life felt different. Loving Moore’s work, in those days, felt like belonging to a kind of secret society. “I call her the It Girl,” said Victoria Wilson, Moore’s editor of nearly 40 years at Knopf. Moore’s characters only sometimes resemble her, but the crises they’re undergoing always mirrored her own life, and thus the ongoing lives of the readers who loved her the most.

Persons: Cornell —, —, ”, Sidik Fofana, Moore, ” Moore, Dana Spiotta, “, ” Spiotta, Victoria Wilson, Lorrie, ” Ann Patchett, ” Patchett, ” Wilson, — women’s, Carver Organizations: Cornell, University of Wisconsin, Knopf, Iowa, ’ Locations: America, Manhattan, Madison, Wis

☆ Morgan Stanley says Nvidia is the top pick for artificial intelligence over AMD
▼ + stars: | 2023-06-16 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Nvidia is the way to go to capitalize on the artificial intelligence boom, according to Morgan Stanley. "AMD has been our top pick, and we continue to be bullish on their 2024 AI opportunity; but the top pick designation is meant to highlight near term upside, which is a bigger factor for NVIDIA. NVDA YTD mountain Nvidia shares YTD Nvidia shares are already higher by 191% this year, recently topping a $1 trillion market valuation. The analyst said Nvidia remains the top AI pick for 2023, even as investors cast about for more clear beneficiaries for the trend. Moore wrote.

Persons: Morgan Stanley, Joseph Moore, Moore, — CNBC's Michael Bloom Organizations: Nvidia, Devices, AMD, NVIDIA

☆ Texas panhandle town hit by tornado, deaths reported
▼ + stars: | 2023-06-16 | by ( Brad Brooks | ) www.reuters.com time to read: +2 min

[1/4] A tank truck gets partially submerge in water in Perryton as the town gets struck by a tornado, in Texas, U.S. June 15, 2023, in this screengrab obtained from a social media video. ABC's Amarillo affiliate KVII-TV, citing Perryton fire chief Paul Dutcher, reported that at least three people were killed. At least 30 trailer homes were damaged or destroyed in Perryton, KVII-TV reported, and firefighters were still rescuing victims at 6 p.m. It said the town may have been struck by three tornadoes. I am in contact with Mayor Symons and this tragedy is being closely monitored by myself and my whole staff," U.S. Representative Ronny Jackson, a Republican from Texas, said on Twitter.

Persons: Sabrina Devers, Kerry Symons, Paul Dutcher, Debbie Beck, Beck, Jane, Mayor Symons, Ronny Jackson, Greg Abbott, Brad Brooks, Dan Whitcomb, Costas Pitas, Stephen Coates, Simon Cameron, Moore, William Mallard Organizations: REUTERS, U.S, Republican, Twitter . Texas, Thomson Locations: Perryton, Texas, U.S, TMX, REUTERS LUBBOCK , Texas, Amarillo, Oklahoma

☆ Stocks making the biggest moves midday: Virgin Galactic, iRobot, Cava, SoFi and more
▼ + stars: | 2023-06-16 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

iRobot — The stock surged 19% after U.K. regulators approved Amazon's $1.7 billion acquisition of the Roomba vacuum cleaner maker. Cava Group — Cava Group shares dropped 15% during trading Friday, giving back some of its gains from its massive debut Thursday on the New York Stock Exchange. SoFi Technologies — The financial technology stock dropped more than 8% after both Bank of America and Piper Sandler downgraded it to neutral from buy, citing SoFi's recent run higher. Micron Technology — Shares dipped 1.5% after Micron Technology said a China chip ban could hurt the company. Truist Financial — Shares fell 1.6% after Odeon Capital Group downgraded Truist Financial to hold from buy, according to FactSet.

Persons: Richard Branson, iRobot, Piper Sandler, Refinitiv, Morgan Stanley, Joseph Moore, — CNBC's Michelle Fox, Alex Harring, Yun Li Organizations: Virgin Galactic —, West Pharmaceutical Services, Bank of America, — Cava, New York Stock Exchange, Technologies, Adobe, Nvidia, Devices, Micron Technology, U.S . Securities, Exchange Commission, — Humana, Odeon Capital Locations: China

☆ Nvidia gets price target hike amid 10% gain this week. How to play the stock
▼ + stars: | 2023-06-16 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia gets price target hike amid 10% gain this week. How to play the stockJim Cramer, Joseph Moore of Morgan Stanley, Josh Brown of Ritholtz Wealth Management and Jason Snipe of Odyssey Capital Advisors on what they think about Nvidia receiving a price target hike even after its massive run.

Persons: Jim Cramer, Joseph Moore, Morgan Stanley, Josh Brown, Jason Snipe Organizations: Nvidia, Ritholtz Wealth Management, Odyssey Capital Advisors

☆ Nvidia gets price target hike amid 10% weekly gain. Here's what the pros are saying
▼ + stars: | 2023-06-16 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions from investors and analysts on Nvidia . The experts, including Jim Cramer , discussed the chipmaker after Morgan Stanley named Nvidia its top artificial intelligence pick over AMD . Joseph Moore, the analyst who made the call, is also hiking his price target on Nvidia to $500 from $450, telling CNBC that the company's growing customer base could lift the stock higher. The stock finished the trading day with a small gain of 0.09%, good enough for a 10% jump on the week.

Persons: Jim Cramer, Morgan Stanley, Joseph Moore Organizations: Nvidia, AMD, CNBC

☆ Ukraine plans to train 'several dozen' combat pilots to fly F-16s
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +1 min

KYIV, June 16 (Reuters) - Ukraine plans to send "several dozen" combat pilots for training to fly U.S.-manufactured F-16 fighter jets, Ukrainian air force spokesman Yuriy Ihnat said on Friday, as western allies prepared the necessary training programmes. "Everything is being done to get it started as early as possible," Ihnat told Ukrainian national television, adding that the pilots picked for training would have combat experience. NATO members the Netherlands and Denmark are leading efforts by an international coalition to train pilots and support staff, maintain aircraft and ultimately supply F-16s to Ukraine. Dutch Defence Minister Kajsa Ollongren told Reuters this week that training Ukrainian pilots to fly F-16s could begin as soon as this summer. A final decision has not yet been taken on a request from Kyiv to supply dozens of F-16s, Ollongren said.

Persons: Yuriy Ihnat, Ihnat, It's, Kajsa Ollongren, Ollongren, Pavel Polityuk, Simon Cameron, Moore Organizations: Ukrainian, NATO, Dutch Defence, Reuters, Thomson Locations: Ukraine, U.S, Netherlands, Denmark, Kyiv, Belgium, Luxembourg, France, Britain

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