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Cristiano Ronaldo netted a pair of goals in Al Nassr's Asian Champions League win over Al Gharafa at Al-Bayt Stadium on Monday. Ronaldo was a frustrated figure in the opening 45 minutes, but headed in the opener inside the first minute of the second half to send his side on their way to victory. Angelo Gabriel rounded goalkeeper Sergio Rico to score the second 12 minutes later and Ronaldo hit the third in the 64th minute as Al Nassr move onto 13 points from their opening five games despite Joselu's late consolation for the home side. Al Nassr will aim to extend their winning run when they face Qatari side Al Sadd next Tuesday, while Al Gharafa take on Al Hilal of Saudi Arabia. Former Brentford striker came off the bench to score twice and earn Al Ahli a 2-1 win over Al-Ain on Monday that moves the Saudi side into the knockout rounds and leaves the defending champions in danger of missing out on the round of 16. Toney replaced in the 65th minute at Hazza bin Zayed Stadium and hit both his goals in a four-minute spell to give Al Ahli a fifth win in a row in the competition and guarantee their place in the next phase. Teams finishing in the top eight in the 12-team leagues in west and east Asia progress to the knockout rounds in March and Al Ahli have confirmed their place with three games remaining in the league phase. Toney broke the deadlock with 20 minutes remaining when he headed 's free kick past and, four minutes later, he doubled the advantage when he combined again with the former winger to slide in the second. Defending champions Al-Ain had picked up only one point from four games prior to hosting Al Ahli on Monday and Alejandro Romero's goal three minutes into injury time gave new coach Leonardo Jardim and his team hope of a late comeback. But Al Ahli held on to move to the top of the western standings, three points ahead of compatriots Al Hilal, who face 's Al-Sadd on Tuesday, while Al-Ain remain rooted to the bottom on a solitary point with three games remaining.
Matt Gaetz says he won't return to Congress next year after withdrawing name for attorney generalWASHINGTON (AP) — President Joe Biden's administration is urging Ukraine to quickly increase the size of its military by drafting more troops and revamping its mobilization laws to allow for the conscription of those as young as 18. A senior Biden administration official, who spoke on the condition of anonymity to discuss the private consultations, said Wednesday that the outgoing Democratic administration wants Ukraine to lower the mobilization age to 18 from the current age of 25 to help expand the pool of fighting-age men available to help a badly outnumbered Ukraine in its nearly three-year-old war with Russia. The official said “the pure math” of Ukraine's situation now is that it needs more troops in the fight. Currently Ukraine is not mobilizing or training enough soldiers to replace its battlefield losses while keeping pace with Russia's growing military, the official added. The White House has pushed more than $56 billion in security assistance to Ukraine since the start of Russia's February 2022 invasion and expects to send billions more to Kyiv before Biden leaves office in less than months. But with time running out, the Biden White House is also sharpening its viewpoint that Ukraine has the weaponry it needs and now must dramatically increase its troop levels if it's going to stay in the fight with Russia. The official said the Ukrainians believe they need about 160,000 additional troops, but the U.S. administration believes they probably will need more than that. More than 1 million Ukrainians are now in uniform, including the National Guard and other units. Ukrainian President Volodymyr Zelenskyy has been hearing concerns from allies in other Western capitals as well that Ukraine has a troop level problem and not an arms problem, according to European officials who requested anonymity to discuss the sensitive diplomatic conversations. The European allies have stressed that the lack of depth means that it may soon become untenable for Ukraine to continue to operate in Russia’s Kursk border region . The situation in Kursk has become further complicated by the arrival of thousands of North Korean troops , who have come to help Moscow try to claw back the land seized in a Ukrainian incursion this year. The stepped-up push on Ukraine to strengthen its fighting ranks comes as Ukraine braces for President-elect Donald Trump to take office on Jan. 20. The Republican said he would bring about a swift end to the war and has raised uncertainty about whether his administration would continue the vital U.S. military support for Ukraine. “There are no easy answers to Ukraine’s serious manpower shortage, but lowering the draft age would help,” said Bradley Bowman, senior director of the Center on Military and Political Power at the Foundation for Defense of Democracies. "These are obviously difficult decisions for a government and society that has already endured so much due to Russia’s invasion.” Ukraine has taken steps to broaden the pool of draft-eligible men, but the efforts have only scratched the surface against a much larger Russian military. In April, Ukraine’s parliament passed a series of laws, including one lowering its draft-eligible age for men from 27 to 25, aimed at broadening the universe of men who could be called on to join the grinding war. Those laws also did away with some draft exemptions and created an online registry for recruits. They were expected to add about 50,000 troops, far short of what Zelenskyy said at the time was needed. Zelenskyy has consistently stated that he has no plans to lower the mobilization age. A senior Ukrainian official, who was not authorized to comment publicly and spoke on condition of anonymity, said Ukraine does not have enough equipment to match the scale of its ongoing mobilization efforts. The official said Ukrainian officials see the push to the lower the draft age as part of an effort by some Western partners to deflect attention from their own delays in providing equipment or belated decisions. The official cited as an example the delay in giving Ukraine permission to use longer-range weapons to strike deeper into Russian territory. The Ukrainians do not see lowering the draft age to recruit more soldiers as a substitute for countering Russia’s advantage in equipment and weaponry, the official said. Conscription has been a sensitive matter in Ukraine throughout the war. Russia’s own problems with adequate troop levels and planning early in the war prevented Moscow from taking full advantage of its edge. But the tide has shifted and the U.S. says the Ukrainian shortage can no longer be overlooked. Some Ukrainians have expressed worry that further lowering the minimum conscription age and taking more young adults out of the workforce could backfire by further harming the war-ravaged economy. The senior Biden administration official added that the administration believes that Ukraine can also optimize its current force by more aggressively dealing with soldiers who desert or go absent without leave. AP White House correspondent Zeke Miller and AP writer Hanna Arhirova in Kyiv contributed to this report.
Christensen King & Associates Investment Services Inc. lessened its holdings in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 13.5% in the third quarter, Holdings Channel.com reports. The firm owned 14,576 shares of the computer hardware maker’s stock after selling 2,280 shares during the period. NVIDIA comprises 0.8% of Christensen King & Associates Investment Services Inc.’s portfolio, making the stock its 25th largest holding. Christensen King & Associates Investment Services Inc.’s holdings in NVIDIA were worth $1,770,000 at the end of the most recent quarter. Other hedge funds have also recently bought and sold shares of the company. Legal & General Group Plc grew its position in shares of NVIDIA by 884.0% in the 2nd quarter. Legal & General Group Plc now owns 213,127,959 shares of the computer hardware maker’s stock worth $26,329,751,000 after acquiring an additional 191,469,114 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of NVIDIA by 854.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 182,622,629 shares of the computer hardware maker’s stock worth $22,561,200,000 after acquiring an additional 163,482,580 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of NVIDIA by 870.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 102,422,225 shares of the computer hardware maker’s stock worth $12,658,922,000 after acquiring an additional 91,867,031 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of NVIDIA by 1,123.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 92,039,713 shares of the computer hardware maker’s stock worth $11,371,255,000 after acquiring an additional 84,515,429 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in shares of NVIDIA by 808.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 82,689,605 shares of the computer hardware maker’s stock worth $10,215,474,000 after acquiring an additional 73,589,208 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock. Analysts Set New Price Targets Several brokerages recently issued reports on NVDA. HSBC raised their price target on NVIDIA from $145.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Wedbush raised their price target on NVIDIA from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Citigroup raised their price target on NVIDIA from $170.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Susquehanna raised their price target on NVIDIA from $160.00 to $180.00 and gave the stock a “positive” rating in a report on Thursday, November 14th. Finally, New Street Research raised NVIDIA from a “neutral” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Tuesday, August 6th. Four equities research analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $164.15. NVIDIA Trading Up 2.2 % Shares of NVDA stock opened at $138.25 on Friday. The firm has a 50 day moving average price of $136.05 and a two-hundred day moving average price of $123.67. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $3.39 trillion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 2.45 and a beta of 1.66. NVIDIA Co. has a 12-month low of $45.01 and a 12-month high of $152.89. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last issued its quarterly earnings data on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.12. The firm had revenue of $35.08 billion during the quarter, compared to the consensus estimate of $33.15 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The business’s revenue for the quarter was up 93.6% compared to the same quarter last year. During the same period last year, the business posted $0.38 earnings per share. As a group, analysts predict that NVIDIA Co. will post 2.76 earnings per share for the current year. NVIDIA Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.01 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.04 annualized dividend and a yield of 0.03%. NVIDIA’s dividend payout ratio (DPR) is presently 1.57%. NVIDIA declared that its Board of Directors has initiated a share repurchase plan on Wednesday, August 28th that permits the company to repurchase $50.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued. Insiders Place Their Bets In other news, Director John Dabiri sold 716 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $142.00, for a total transaction of $101,672.00. Following the transaction, the director now directly owns 19,942 shares of the company’s stock, valued at approximately $2,831,764. This trade represents a 3.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, CEO Jen Hsun Huang sold 120,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $110.76, for a total transaction of $13,291,200.00. Following the transaction, the chief executive officer now directly owns 76,375,705 shares in the company, valued at $8,459,373,085.80. This represents a 0.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 2,036,986 shares of company stock worth $240,602,399 over the last three months. Insiders own 4.23% of the company’s stock. NVIDIA Profile ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. See Also Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. ( NASDAQ:NVDA – Free Report ). Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .
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