Larry Krasner, Philadelphia’s district attorney, center, departs after a hearing at City Hall in Philadelphia, Pennsylvania, US, on Thursday, Oct. 31, 2024. Ryan Collerd | Bloomberg | Getty ImagesPhiladelphia District Attorney Larry Krasner on Monday testified that Tesla CEO Elon Musk and his political action committee know they are conducting an “illegal” lottery by giving away $1 million to registered voters in Pennsylvania and other swing states before Election Day.”We are seeing, what I consider to be, in my opinion, guilty knowledge,” Krasner testified at a court hearing, where he has asked for an injunction to stop the giveaway by Musk’s…
Author: user
On Monday, KeyBanc Capital Markets maintained its Sector Weight rating on shares of BrightSpring Health (NASDAQ: BTSG). The decision followed the company’s third-quarter results, which showed a solid performance, underpinned by increased prescription volumes in its Pharmacy Solutions business and improved margins in Provider Services. BrightSpring Health’s EBITDA (earnings before interest, taxes, depreciation, and amortization) saw a year-over-year increase of 16%, and the analyst noted that the figure would have risen by more than 20% if not for certain one-time expenses, including startup costs and a payor settlement. Looking ahead, the analyst’s outlook for BrightSpring Health is positive, particularly for…
In his 2022 Berkshire Hathaway shareholder letter, Warren Buffett wrote that in his 80 years of investing, he had “yet to see a time when it made sense to make a long-term bet against America.” Buffett’s words have rarely been more relevant. With only a day remaining before the presidential election, history shows that regardless of who’s in power, the U.S. has consistently outperformed its global peers and rewarded those who stayed the course. That’s why we made the tough yet necessary decision two years ago to close our Emerging Europe fund. Why? Because, compared to the opportunities here at…
India holds a prominent position in the global metal and mining industry. With its vast reserves and consistent production, India stands among the top producers of several metals, impacting the global market. The country is the world’s second-largest producer of crude steel, fourth in iron ore and chromium, and a major player in producing bauxite, graphite, zinc, and lead. Source link
The lithium market has entered a period of price decline, mainly because of weaker demand conditions and an oversupply of lithium carbonate in key regions. In October, seaborne lithium carbonate prices for Asia dropped by 3.8%, hovering around $10,000 per metric ton, according to S&P Global Commodity Insights analysis. The price dip reflects the seasonal winding down of demand typically seen at the end of the year when electric vehicle (EV) manufacturers prepare for a slowdown in post-peak sales. While September saw relative price stability, October’s downward shift reveals how the supply chain dynamics are pressing lithium markets. This is…
The Chevrolet Corvette, a timeless American icon, is inching closer to a monumental milestone: three million units produced. Since its inception on June 30, 1953, the ‘Vette has rolled off assembly lines 2,908,017 times, a testament to its enduring popularity. However, its journey to legendary status wasn’t always smooth. The early years, marked by underwhelming sales figures, nearly led to the Corvette’s demise. In its debut year, a mere 300 units were sold, followed by similarly dismal numbers in the subsequent years. With less than 5,000 Corvettes produced in its first three years, the future seemed bleak. Chevrolet Corvette Approaches…
Artificial intelligence (AI) is reshaping industries worldwide, and consumer finance is no exception. Traditional credit assessments, often reliant on outdated models and limited borrower data, are giving way to AI-powered approaches that promise enhanced accuracy, efficiency, and inclusivity. Companies like Upstart Holdings, Inc. (UPST) have been at the forefront of this transition, creating systems that tap into vast datasets and advanced algorithms to transform loan approvals and credit risk assessments. As a leader in AI-driven lending, Upstart has already gained traction with a platform designed to make credit more accessible and lending more efficient for banks and credit unions. Upstart’s…
Vote like your transportation future depends on it.A coalition of climate, disability and labor organizers are urging the next president to adopt a transportation agenda that helps accomplish goals from all of their movements — by taking action to end car dependency and build the just, green, accessible mobility system that America deserves.As Americans cast their votes, a group of the advocates lead by the Green New Deal Network are building momentum behind the Unity Agenda for Transportation, a two-page document which they hope can serve as an initial blueprint for the next administration to reshape the way U.S. residents get around,…
Trump Media & Technology Group stock (DJT) reversed earlier losses to rise around 2% in afternoon trading on Monday as shares brace for another volatile week on Wall Street just one day ahead of the presidential election. The stock suffered its largest percentage decline last week and closed down around 20% to end the five-day period on Friday. And since Tuesday, more than $4 billion has been shaved from the company’s market cap, although the stock still has more than doubled from its September lows. The oscillating of shares will likely continue as the election nears. One investor has warned…
Der November hält gleich zwei große Ereignisse bereit, die an den Börsen hohe Wellen schlagen könnten: die US-Wahl und der US-Notenbankentscheid. Die Unsicherheiten dürften zu deutlichen Schwankungen führe, heißt es.4. November 2024. FRANKFURT (Börse Frankfurt). In dieser Woche blickt alles gen USA mit der Wahl am Dienstag und der Notenbanksitzung am Donnerstag. „Es ist nach wie vor ein Kopf-an-Kopf-Rennen bei der Präsidentschaftswahl und auch hinsichtlich der Mehrheiten im Senat und im Repräsentantenhaus“, bemerkt Ulrich Kater von der DekaBank. Bei solch knappen Verhältnissen könne es gut sein, dass einige Tage verstrichen bis zum klaren Wahlergebnis. „Diese Unsicherheit könnte an den Kapitalmärkten…