Fidelity MSCI Consumer Discretionary Index ETF (ARCA: FDIS)

에 대한 최신 뉴스 Fidelity MSCI Consumer Discretionary Index ETF (ARCA:FDIS)

Fidelity MSCI Consumer Discretionary Index ETF

Consumer Cyclical

Technology

Consumer Defensive

Communication Services

Industrials

Other

Energy

Healthcare

The fund invests at least 80% of assets in securities included in the funds underlying index. The funds underlying index is the MSCI USA IMI Consumer Discretionary 25/50 Index, which represents the performance of the consumer discretionary sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Consumer Discretionary 25/50 Index. The fund is non-diversified.

Amazon.Com Inc

Tesla Inc

The Home Depot Inc

Mcdonald'S Corp

Priceline.com, Inc.

Lowe'S Companies Inc

Nike Inc Class B

Starbucks Corp

Chipotle Mexican Grill, Inc

Equities

News

Markets

Media

General

AMZN

FDIS

GOOG

GOOGL

MSFT

ONLN

최근의 전개 상황에 따르면 아마존닷컴(NASDAQ:AMZN)은 늘어나는 수요를 촉진하기 위해 원자력 에너지에 대한 관심을 높이고 있을 수 있다. 이 거대 기술 기업은 데이터 센터 엔지니어링 부서의 수석 원자력 엔지니어 채용 공고를 다시 게시하여 장기적인 에너지 전략에 대한 의문을 제기했다.

아마존이 원자력에 관심을 갖고 에너지 수요 충족을 위해 채용 계획을 세우고 있는 것인가?

Tech

ETFs

AAPL

CLIX

Select Sector SPDR-Consumer Discretionary

아마존닷컴(NASDAQ:AMZN)은 미국 주문 처리 센터와 운송 사업부의 시간제 근로자에 ​​대한 급여를 인상했다고 수요일에 발표했다. &#34;오늘 일찍 저는 솔트레이크시티 근처에 있는 회사 현장 중 한 곳을 방문하여 그곳의 팀원들과 몇 가지 소식을 나누었다. 우리는 주문 처리 및 운송 네트워크 전반에 걸쳐 시간제 일선 직원의 급여 및 복리후생에 상당한 신규 투자를 하고 있다 &#34;고 아마존 전 세계 운영(Amazon Worldwide Operations) 부사장인 우딧 마단(Udit Madan)이 회사 뉴스레터에 썼다.

근로자 보상 추세 상승에 따라 아마존 시간당 급여 인상으로 UPS에 합류

아마존닷컴(NASDAQ:AMZN)의 CEO인 앤디 제시(Andy Jassy) 가 관리 계층을 축소하고 직원을 내년 1월부터 주 5일 사무실로 복귀하게 할 것이라고 발표했다. 세계 최대의 온라인 소매업체이자 클라우드 컴퓨팅 회사인 아마존은 억만장자 제프 베이조스에 의해 설립된 기업이다.

아마존, 관리 계층 축소 및 재택 근무 중단 예정

Rep. Nancy Pelosi (D-Calif.) says that Donald Trump&#8216;s victory in the presidential race is due in large part to President Joe Biden&#8216;s reluctance to withdraw.
What Happened: In an interview with the The New York Times on Friday, Pelosi, the former House speaker, suggested that an earlier exit by Biden might have paved the way for a more competitive primary.
During the interaction with <a href="https://www.nytimes.com/2024/11/08/us/politics/pelosi-harris-biden-open-primary.html">the</a> outlet, Pelosi said that Biden&#8217;s delayed withdrawal from the race obstructed the potential for an open primary.
&#8220;Had the President gotten out sooner, there may have been other candidates in the race,&#8221; Pelosi said.
She further noted that Biden&#8217;s swift endorsement of Vice President Kamala Harris after his withdrawal made it exceedingly difficult for other potential candidates to compete.
&#8220;Because the President endorsed Kamala Harris immediately, that really made it almost impossible to have a primary at that time. If it had been much earlier, it would have been different,&#8221; Pelosi added in the interview.
Also Read: &nbsp;<a href="https://www.benzinga.com/startups/24/11/41714647/nancy-pelosi-claims-trump-will-double-down-on-tariffs-and-benefits-for-donors-she-warns-these-moves">Pelosi Claims Trump Will Double Down On Tariffs And Benefits For Donors</a>
Additional comments provided by Pelosi&#8217;s office from the interview emphasized her belief that Harris could have emerged stronger from an open primary. 
Pelosi also underscored Harris&#8217;s strengths, stating, &#8220;I don&#8217;t think that any review of the election should be predicated on weaknesses, but strengths of Kamala Harris. She gave people hope. She caused a great deal of excitement in all this.&#8221;
Despite her critique of Biden&#8217;s political strategy, Pelosi recognized his administration&#8217;s legislative accomplishments. She also secured her 20th term representing California, despite the Democratic Party&#8217;s nationwide setbacks.
Why It Matters: Pelosi&#8217;s critique of Biden&#8217;s late withdrawal and swift endorsement of Harris highlights the potential impact of these decisions on the competitiveness of the primary. 
The Speaker&#8217;s comments suggest that an open primary could have led to a stronger candidate emerging, potentially changing the course of the election. 
This development underscores the importance of strategic decision-making in political races and the potential implications of such decisions on election outcomes.
Read Next
<a href="https://www.benzinga.com/markets/options/24/10/41459593/nvidia-stock-hits-all-time-highs-heres-how-much-nancy-pelosis-500-call-options-are-worth-today">Nvidia Stock Hits All-Time Highs: Here&#8217;s How Much Nancy Pelosi&#8217;s 500 Call Options Are Worth Today</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Flickr

Politics

Pelosi Faults Biden's Late Withdrawal For Trump's Victory

Former NBA superstar Shaquille O&#8217;Neal made an unexpected addition to his car collection, acquiring a new Mercedes-Benz Sprinter and an S-Class in a spontaneous purchase.
What Happened: O&#8217;Neal had a custom Mercedes-Benz Sprinter delivered to his Atlanta estate. The luxury vehicle, customized by Effortless Motors, features a fully decked out cabin in brown leather, ambient lighting, an LCD screen, and a refrigerator.
Upon the delivery of the Sprinter, O&#8217;Neal also decided to purchase the S-Class that the Effortless Motors team arrived in, leaving them to return via Uber, <a href="https://www.autoevolution.com/news/shaquille-o-neal-buys-the-car-of-the-team-that-delivers-his-van-they-have-to-call-an-uber-242329.html">reports</a> Autoevolution.
The S-Class, as per the Instagram post, is an S 550 model. According to the outlet Shaq had totally forgotten he'd ordered a Sprinter. &#8220;Oh, that's right, I bought a Sprinter!&#8221; he said, surprised, when he saw it parked in his driveway. 
Also Read: <a href="https://www.benzinga.com/general/politics/24/10/41304838/nba-legend-shaq-admitted-that-he-never-voted-in-presidential-election-until-2020-as-he-urged-oth">NBA Legend Shaq Admitted That He &#8216;Never Voted&#8217; In Presidential Election Until 2020</a>
But his attention was quickly drawn to the stylish S-Class that the tuner&#8217;s team drove over in. &#8220;I'm getting this one right now!&#8221; Shaq excitedly told the owner.
The current W223 lineup does not include an S 550 for America, suggesting the vehicle could be either the S 500 4MATIC Sedan or the S 580e 4MATIC with a plug-in hybrid system.
Why It Matters: O&#8217;Neal&#8217;s love for unique and eye-catching cars is well-known. His collection boasts several Rolls-Royces, a custom TRX Apocalypse truck, and three Tesla Cybertrucks. 
The latest purchases not only expand his collection but also highlight his preference for luxury and comfort. 
The customization of the Sprinter by Effortless Motors underscores the growing trend of personalized luxury vehicles among celebrities.
Read Next
<a href="https://www.benzinga.com/news/24/09/40764081/nba-star-chris-paul-says-to-prioritize-family-you-really-dont-realize-what-you-have-until-its-gone">NBA Star Chris Paul Says To Prioritize Family: &#8216;You Really Don&#8217;t Realize What You Have Until It&#8217;s Gone&#8217;</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Sports

Shaq Buys Out Delivery Team's Van and Car, Leaving Them To Catch An Uber

Anthony Scaramucci, the former White House communications director, has shed light on the key factors that led to Donald Trump&#8216;s victory in the presidential race <a href="https://www.benzinga.com/24/08/40429823/anthony-scaramucci-says-donald-trumps-divisive-tactics-will-lead-to-the-first-african-american-woman">against Vice President Kamala Harris</a>.
What Happened: In an interview on Friday, Scaramucci, who will be a headline speaker at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19, said, &#8220;He won fair and square.&#8221;
&#8220;I&#8217;m an American citizen, and I love my country, and I want him to succeed. I&#8217;m not going to whine about it. I mean, it&#8217;s over,&#8221; Scaramucci said.
Scaramucci, who initially doubted Trump&#8217;s chances, confessed his error. &#8220;I got it wrong. I got it wrong for lots of different reasons,&#8221; he said. He highlighted four primary reasons for Trump&#8217;s triumph. 
Speaking <a href="https://www.businessinsider.com/why-trump-won-election-kamala-harris-biden-democrats-anthony-scaramucci-2024-11">with</a> Business Insider, first, he mentioned the highest inflation rate in over 40 years, which voters held Harris and Joe Biden accountable for, despite it being a worldwide issue triggered by supply-chain disruptions during and post-pandemic.
&#8220;She probably needed to go a little harder at the economic agenda, and she probably needed to diverge herself from Joe Biden,&#8221; Scaramucci told the outlet. &#8220;That was a hard thing for her to do because of the relationship there.&#8221;
Also Read: <a href="https://www.benzinga.com/news/24/08/40666453/scaramucci-trump-is-in-trouble-and-he-knows-it-slams-him-on-conflicting-abortion-statements-hes-shot">Scaramucci: &#8216;Trump Is In Trouble And He Knows It&#8217;</a>
Second, Scaramucci observed that voters disregarded Trump&#8217;s &#8220;menacing&#8221; rhetoric, including threats to deploy the US military against political adversaries and to revoke the FCC licenses of certain networks.
Third, Scaramucci indicated that some Americans hesitated to vote for Harris due to her gender. Lastly, he argued that Trump&#8217;s victory was a response to what many conservatives view as identity politics or &#8220;wokeness.&#8221;
In an interview <a href="https://www.youtube.com/watch?v=nkrL-QNmico">with </a>Times Radio, Scaramucci spoke about Elon Musk&#8216;s role in Trump&#8217;s victory and said &#8220;Musk and Trump's other new allies will have their &#8216;hades moment&#8217; with the president-elect within a matter of time.&#8221;
&#8220;The people that are going to go work for him, the day of their demise starts on the first day of that job. Trump will unleash hell on Elon Musk in a matter of time,&#8221; he said during the interview. 
Why It Matters: Scaramucci&#8217;s analysis provides a comprehensive look at the factors that influenced the election outcome. The inflation rate, Trump&#8217;s rhetoric, gender bias, and the backlash against identity politics all played a role in shaping voter decisions. 
This insight could be crucial for future elections, as it highlights the issues that resonate with voters and the challenges that candidates may face.
Read Next
<a href="https://www.benzinga.com/news/24/10/41564062/scaramucci-election-too-close-to-call-but-expects-harris-to-win-and-trump-to-try-to-avoid-jail">Scaramucci: Election &#8216;Too Close To Call&#8217; But Expects Harris To Win And Trump To Try To Avoid Jail</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Scaramucci On Trump Win: 'I Got It Wrong, I'm Not Going To Whine About It'

Anti-abortion advocates are gearing up for a concerted push to roll back abortion <a href="https://www.benzinga.com/news/24/09/40971766/trump-says-women-would-no-longer-be-thinking-about-abortion-if-he-wins-whitmer-calls-trump-just-dera" target="_blank" rel="noreferrer noopener">access under </a><a href="https://www.benzinga.com/news/24/09/40971766/trump-says-women-would-no-longer-be-thinking-about-abortion-if-he-wins-whitmer-calls-trump-just-dera" target="_blank" rel="noreferrer noopener">Donald Trump&#8217;s </a><a href="https://www.benzinga.com/news/24/09/40971766/trump-says-women-would-no-longer-be-thinking-about-abortion-if-he-wins-whitmer-calls-trump-just-dera" target="_blank" rel="noreferrer noopener">second presidency</a>.
With the Biden administration easing abortion access through telehealth and emergency abortion guidelines, these groups see the next phase of their campaign as dismantling policies they deem &#8220;pro-abortion,&#8221; AP News <a target="_blank" href="https://apnews.com/article/trump-abortion-mifepristone-emergency-hospitals-pills-7c34e972e5c7a63821fd09996ba8d881'" rel="noreferrer noopener">reports</a>.
Telehealth company Wisp experienced a dramatic surge in abortion pill orders, with a 600% increase between Election Day and the following day, as women seem concerned.
In states like Florida and Texas, where abortion pills cannot be legally shipped, orders for &#8220;morning after&#8221; pills surged nearly 1000%, AP News added.
This spike reflects growing uneasiness about access to reproductive healthcare following the election.
Reversing Biden&#8217;s Emergency Abortion Guidelines
One of the key targets for anti-abortion groups is Biden&#8217;s directive requiring hospitals to provide emergency abortions when a woman&#8217;s life or health is at risk, AP News reports.
The guidance, aimed at ensuring access to abortion in states with restrictive laws, has faced legal challenges in places like Texas and Idaho.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/09/40869733/trump-stumbles-again-over-health-care-issues-involving-abortion-and-obamacare" rel="noreferrer noopener">Trump Stumbles Again Over Health Care Issues Involving Abortion And Obamacare</a>
Trump is expected to revoke this directive, which some hospitals have relied on to navigate restrictive state laws, especially in high-risk cases like ectopic pregnancies. Legal experts warn that, if reversed, this could further endanger women&#8217;s health in states with strict abortion bans.
Impact on Abortion Pills and Telehealth Access
Another area of concern for abortion rights advocates is the ease with which women can access abortion pills.
During the COVID-19 pandemic, the FDA relaxed regulations, allowing women to obtain abortion pills like mifepristone through telehealth consultations. Anti-abortion groups argue that these pills are unsafe and should require in-person medical supervision. 
With the Supreme Court maintaining access to the drug, conservative states have continued to challenge its distribution. A potential Trump administration could take steps to restrict access to abortion pills, further complicating abortion access across the country.
As women&#8217;s abortion pill orders surged following the 2024 election, it&#8217;s clear that access to reproductive healthcare remains a volatile issue. Trump&#8217;s actions on abortion will likely shape the landscape for years to come, with advocates on both sides preparing for a protracted legal and political battle.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41865860/trumps-plan-to-expand-federal-death-penalty-could-face-hurdles" target="_blank" rel="noreferrer noopener">Trump&#8217;s Plan To Expand Federal Death Penalty Could Face Hurdles</a></li>
</ul>
Photo: Shutterstock

Abortion Pill Orders Spike Hard Following Election As Women Brace for Potential Restrictions

Comedian and political commentator Jon Stewart admitted his surprise over President-elect Donald Trump&#8216;s victory, a result that left him and <a href="https://www.benzinga.com/news/24/10/41564443/trumps-fortune-skyrockets-with-4b-stake-in-trump-media-technology-group">other liberals unprepared</a>.
What Happened: Stewart shared his astonishment on his &#8220;The Weekly Show&#8221; podcast. He confessed that liberals were not ready for Trump&#8217;s clear election win.
Stewart said that he anticipated that Trump would rely on undemocratic tactics to secure his return to the White House. However, Trump&#8217;s fairly easy victory proved him wrong.
During his <a href="https://podcasts.apple.com/us/podcast/the-weekly-show-with-jon-stewart/id1583132133">show</a>, Stewart humorously remarked that he wasn&#8217;t sure if the left had a team of lawyers ready for such an outcome.
"I feel like we were prepared for all scenarios and in each one of those scenarios it was, how is Donald Trump going to finagle his way back into the White House? How is he going to use undemocratic principles?" Stewart said. 
"And it turned out, he used our electoral system as it is designed," he said. "I'm not sure we have a team of lawyers for that."
"What measure of intimidation and underhanded [shenanigans] will this man use to worm his way back into the Oval Office?&#8221; Stewart said he had thought.
Also Read: <a href="https://www.benzinga.com/media/24/11/41864373/trumps-victory-powells-stand-and-furmans-inflation-warning-stir-markets-this-week-in-economics">Trump&#8217;s Victory, Powell&#8217;s Stand, And Furman&#8217;s Inflation Warning Stir Markets: This Week In Economics</a>
"I love to sit back and think about the autopsy and where you move from there, but I think I still feel as though I'm in that moment of vertigo to some extent," he added in the podcast. 
Stewart also slammed the Kamala Harris campaign&#8217;s ground game, terming it a colossal failure.
"By the way, I don't ever in my life want to hear about our vaunted ground game will put us over the top. It's a 50/50 tossup race, we're sure of it, but the vaunted ground game — turns out that people knocking on other people's doors doesn't get them to do what you want them to do as, I believe, vacuum and Bible salesmen have probably known for many, many centuries," Stewart said.
Despite the unexpected turn of events, Stewart maintained a positive outlook on the country&#8217;s future and the potential for change and organization.
"I still believe in this country, and I still believe in individuals, and I still believe in the power of change and organization, goodness, competence. I mean, for God's sake, the Mets made the playoffs," he said.
Why It Matters: Stewart&#8217;s admission underscores the unexpected nature of Trump&#8217;s re-election, which defied the expectations of many in the liberal camp. 
The comedian&#8217;s remarks also highlight the perceived shortcomings in the Kamala Harris team&#8217;s campaign strategy, suggesting a need for a reassessment of tactics for future elections. 
Despite the surprise and disappointment, Stewart&#8217;s optimism about the power of change and organization offers a hopeful perspective for those disheartened by the election outcome.
Read Next
<a href="https://www.benzinga.com/news/23/03/31410111/jon-stewart-rips-larry-summers-over-take-on-economy-i-think-youre-misdiagnosing-the-sickness-1">Jon Stewart And Larry Summers Get Into Heated Exchange Over Economy: &#8216;Why Aren&#8217;t We Attacking Corporate Profit In Any Way? &#8216;</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Jon Stewart Says Liberals Didn't See Trump's Victory Coming

Vice President Kamala Harris&#8216; campaign is facing scrutiny for reportedly spending a whopping $20 million on election-eve concerts.
What Happened: This expenditure has raised eyebrows among staff and vendors who are concerned about unpaid dues, given the campaign&#8217;s reported debt situation. The Harris campaign organized seven concerts in key swing states on the eve of the election. 
These concerts featured performances by renowned artists such as Jon Bon Jovi, Christina Aguilera, Katy Perry, and Lady Gaga. The intent behind these concerts was to attract voters, but it seems to have significantly depleted the Democratic campaign&#8217;s funds, <a href="https://nypost.com/2024/11/08/us-news/kamala-harris-campaigns-election-eve-concerts-said-to-cost-up-to-20m-as-rank-and-file-staff-vendors-fear-they-wont-be-paid/">reports</a> The New York Post.
Stephanie Cutter and David Plouffe, both veterans of the Barack Obama campaign, had joined the Harris campaign after she took over from President Joe Biden as the party&#8217;s candidate. 
Also Read: <a href="https://www.benzinga.com/general/politics/24/11/41790636/kamala-harris-concedes-calls-for-unity-commitment-to-democracy">Kamala Harris Concedes: Calls For Unity, Commitment To Democracy</a>
They reportedly backed the idea of the concerts. However, the execution of these concerts led to escalated production costs and internal discord within the campaign.
Despite the high-profile lineup, the concerts did not make a significant impact in the news. Swing state voters elected Donald Trump the following day. The Harris campaign, which had a war chest exceeding $1 billion, concluded the race with a reported debt of at least $20 million.
Why It Matters: The financial aftermath of these concerts is now a cause for concern. There are fears that the campaign&#8217;s debt could impact staff payments and expense reimbursements. 
This situation underscores the importance of financial prudence in political campaigns and raises questions about the decision-making within the Harris campaign.
Read Next
<a href="https://www.benzinga.com/news/24/11/41701283/trump-praises-his-beautiful-white-skin-after-criticizing-harris">Trump Praises His &#8216;Beautiful White Skin&#8217; After Criticizing Harris</a>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Harris Campaign's Election-Eve Concerts Could Hit $20M Amid Fears Of Unpaid Bills

Cryptocurrency trader and expert Michaël van de Poppe has projected that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) could potentially hit the $80,000 mark this month, following a possible <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39447328/anthony-scaramucci-says-crypto-will-soar-if-this-presidential-candidate-wins-the-election-">retest at the $71,679 level</a>.
What Happened: Van de Poppe made his forecast on social media platform X. He anticipates that Bitcoin might undergo a minor correction before climbing over 5% from its current price.
"Bitcoin is consolidating around a new ATH. I do believe we'll continue, but probably have a slight correction first – dips ready to be bought. Next? $80,000 in November," he said in the post. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is consolidating around a new ATH. I do believe we&#39;ll continue, but probably have a slight correction first &#8211;&gt; dips ready to be bought. Next? $80,000 in November. <a href="https://t.co/I10dtGn0Gd">pic.twitter.com/I10dtGn0Gd</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1854813705176776964?ref_src=twsrc%5Etfw">November 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The trader attributes this potential surge to substantial inflows into Bitcoin exchange-traded funds (ETFs) in the aftermath of the victory of pro-crypto candidate Donald Trump.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41703454/analyst-says-this-crypto-could-explode-by-up-to-3-765-and-it-is-not-bitcoin-or-solana">Analyst Says This Crypto Could Explode By Up To 3.765%, And It Is Not Bitcoin Or Solana</a>
In another post on X he said, "Record-breaking inflow in Bitcoin since Trump won the elections. More than $2 Billion has flown into the Bitcoin ETF. More than $120 million has flown into the Ethereum ETF. The bull market is here."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Record-breaking inflow in <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> since Trump won the Elections. More than $2 Billion has flown into the Bitcoin ETF. More than $120 million has flown into the Ethereum ETF. The bull market is here. <a href="https://t.co/rwDqRFI6ia">pic.twitter.com/rwDqRFI6ia</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1854841300215865518?ref_src=twsrc%5Etfw">November 8, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
At the time of reporting, Bitcoin was trading at $75,966, marking an increase of over 11% since its Election Day low of $68,206.
Van de Poppe also expressed long-term bullish sentiments for Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), suggesting it will continue to rally higher with retests of lower price levels. Ethereum is currently trading at $2,920, up more than 21% from its Election Day low of $2,403.
Why It Matters: The prediction by van de Poppe is significant as it comes at a time when Bitcoin is experiencing a resurgence following the US presidential election. 
The victory of pro-crypto candidate Trump has led to an influx of investments into Bitcoin ETFs, indicating a bullish market. Furthermore, the trader&#8217;s positive outlook for Ethereum suggests a broader upward trend in the cryptocurrency market.
Read Next
<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40869320/micha-l-van-de-poppe-predicts-massive-bitcoin-surge-says-price-may-soar-by-890" target="_blank" rel="noreferrer noopener">Michaël Van De Poppe Predicts Massive Bitcoin Surge, Says Price May Soar By 890%</a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$ETH

Crypto Analyst Sees Bitcoin Hitting $80,000 This Month

On Wednesday, Donald Trump, the Republican candidate and former president, was elected to the highest office again, marking a return to an administration. His second term is likely to impact U.S. healthcare.
Trump has been unclear about his healthcare policy goals during his campaign. Healthcare <a target="_blank" href="https://www.kff.org/health-care-in-2024-elections-apvotecast-polling/?entry=kff-analysis-of-ap-votecast-abortion-ballot-initiatives" rel="noreferrer noopener">ranked</a> lower than issues like the economy and immigration in voter concerns.
A <a target="_blank" href="https://apnews.com/article/ap-votecast-elections-harris-trump-voters-d5cf4e3611f50ec4349d93ddc7f037cd" rel="noreferrer noopener">poll</a> from the Associated Press found that only 8% of voters viewed healthcare as their top issue, compared to 39% who chose the economy and 20% who picked immigration. Abortion was the leading issue for 11% of voters.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/11/41822473/trumps-potential-health-czar-robert-f-kennedy-jr-rattles-vaccine-stocks-shoot-first-reaction" rel="noreferrer noopener">Trump&#8217;s Potential &#8216;Health Czar&#8217; Robert F. Kennedy Jr. Rattles Vaccine Stocks: &#8216;Shoot First Reaction&#8217;</a>
Despite his focus on &#8220;Make America Healthy Again,&#8221; millions of Americans may lose health insurance subsidies next year, depending on the political climate after the election and the Republicans&#8217; control of the Senate.
The subsidies, expanded under the 2021 American Rescue Plan, help many, particularly the middle class, afford health insurance through the Affordable Care Act (ACA).
These subsidies are set to expire at the end of 2025, and it remains uncertain whether they will be extended under the new administration.
Trump and other Republicans have opposed continuing the subsidies.
The NBC News <a target="_blank" href="https://www.nbcnews.com/health/health-news/millions-risk-losing-health-insurance-trumps-victory-rcna179146" rel="noreferrer noopener">report</a>, citing some analysts, suggests that the chances of extension could be less than 5% if Republicans win control of the House and the Senate.
Even if Democrats control the House, extending these subsidies seems unlikely. Without an extension, nearly 4 million Americans could lose coverage by 2026 due to unaffordable premiums.
The 2021 changes led to a surge in ACA enrollment, with 15.5 million people benefiting from subsidies across 32 states. The report adds that if the subsidies aren&#8217;t renewed, up to 15.4 million Americans could lose health coverage by 2030.
Another significant issue is Trump&#8217;s stance on Medicare. As president, he supported Medicare Advantage, a private insurer-run program that could eventually replace traditional, government-run Medicare.
The NPR report <a target="_blank" href="https://www.npr.org/sections/shots-health-news/2024/11/07/nx-s1-5183092/trump-election-2024-medicare-advantage" rel="noreferrer noopener">highlights</a> that critics argue that expanding private insurers could increase costs for taxpayers and limit care, with some beneficiaries finding it difficult to switch back to traditional Medicare.
Robert Berenson, a former government official, warned that traditional Medicare could &#8220;wither on the vine.&#8221;
Medicare Advantage grew with the 2003 legislation introducing a drug benefit and expanded private insurers&#8217; role in the program. Although private plans were expected to lower costs, they have been more expensive.
The report also says that in 2023, Medicare Advantage plans cost taxpayers about 6% — or $27 billion — more than traditional Medicare, though some research suggests they offer better care.
The future of healthcare policy in the U.S. will depend on the political dynamics in Congress and Trump&#8217;s second term.
With Republicans pushing for major changes to the ACA and Medicare, experts warn of significant shifts in how Americans access and pay for healthcare in the coming years.
Read Next
<ul>
<li><a href="https://www.benzinga.com/general/biotech/24/11/41855578/bristol-myers-squibb-leads-biopharma-recovery-with-almost-25-growth-in-market-cap-but-novo-nordisk-and-lilly-suffer-market-setbacks" target="_blank" rel="noreferrer noopener">Bristol-Myers Squibb Leads Biopharma Recovery With Almost 25% Growth In Market Cap, But Novo Nordisk And Lilly Suffer Market Setbacks</a></li>
</ul>
Photo via Shutterstock

Government

Regulations

Health Care

ALHC

CLOV

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

Laboratory Corporation Of America Holdings

Donald Trump's Second Term Could Reshape US Healthcare System, With Major Impacts on Affordable Care Act And Medicare

As President-elect Donald Trump prepares to take office for the second time, Pentagon officials are reportedly strategizing their response to potential controversial orders, including the domestic <a href="https://www.benzinga.com/news/24/09/40971739/a-military-coup-if-trump-wins-tucker-carlson-voices-concerns-to-jd-vance">deployment of active-duty troops</a>.
What Happened: Pentagon officials are informally discussing how the Department of Defense would react if Trump orders the deployment of active-duty troops within the U.S. and dismisses large numbers of nonpartisan staffers.
Trump has previously shown willingness to use active-duty forces for domestic law enforcement and mass deportations. 
According to the report <a href="https://edition.cnn.com/2024/11/08/politics/pentagon-officials-discussing-trump/index.html">by</a> CNN, he has also signaled his intent to populate the federal government with loyalists and remove what he views as &#8220;corrupt actors&#8221; in the U.S. national security establishment.
In his previous term, Trump&#8217;s relationship with senior military leadership was tense, particularly with now-retired Gen. Mark Milley, who took steps to restrict Trump&#8217;s ability to use nuclear weapons while serving as chairman of the Joint Chiefs of Staff.
Defense officials are now bracing for a potential overhaul of the Pentagon, with one official stating, &#8220;We are all preparing and planning for the worst-case scenario, but the reality is that we don&#8217;t know how this is going to play out yet.&#8221;
Also Read: <a href="https://www.benzinga.com/news/24/10/41563454/trumps-escalating-threats-to-rivals-100-and-counting">Trump&#8217;s Escalating Threats To Rivals: 100 And Counting</a>
Meanwhile, Trump has repeatedly called US military generals "woke," "weak" and "ineffective leaders."
According to the outlet, a former senior Defense Department official from the Trump administration indicated that it&#8217;s likely more active-duty forces will be assigned to support Customs and Border Protection at the southern border.
An Army official shared with CNN that a Trump administration might consider deploying several thousand more troops to assist with the border mission. 
However, they cautioned that such a decision could potentially weaken the military&#8217;s preparedness for handling international threats.
Why It Matters: Trump&#8217;s election has sparked concerns within the Pentagon about the potential issuance of unlawful orders, especially if his political appointees within the department do not resist. 
&#8220;Troops are compelled by law to disobey unlawful orders,&#8221; one defense official noted, adding that the question remains what would happen if such an order were issued.
It is still uncertain who Trump will choose to lead the Pentagon, but officials believe Trump and his team will aim to avoid the kind of &#8220;hostile&#8221; relationship he had with the military during his previous administration.
Defense officials are also identifying civilian employees who could be impacted if Trump reinstates Schedule F, an executive order he first issued in 2020 that would have reclassified large numbers of nonpolitical, career federal employees across the U.S. government, making them more easily dismissible.
Read Next
<a href="https://www.benzinga.com/news/24/10/41196317/trump-urges-israel-to-target-iran-nuke-sites-hit-nuclear-first-and-worry-about-the-rest-later">Trump Urges Israel To Target Iran Nuke Sites: &#8216;Hit Nuclear First And Worry About The Rest Later&#8217;</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Pentagon Officials Weigh Responses To Possible Illegal Orders Under Trump

Goldman Sachs has upgraded BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>), citing the company&#8217;s BNT327, an immuno-oncology asset in clinical development across multiple solid tumors.
Data from Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) and their partner Akeso for ivonescimab (PD-1xVEGF bispecific) has shown the potential to challenge standard-of-care regimens across a <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41724651/summit-therapeutics-unique-investment-in-oncology-lead-drug-candidate-shows-promise" rel="noreferrer noopener">range of solid tumors</a>.
The analyst notes that the data for ivonescimab have sparked interest in BioNTech&#8217;s bispecific drug, BNT327, and its potential to follow a similar path and gain value.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/11/41715307/biontech-variant-adapted-covid-19-vaccines-do-well-in-q3" rel="noreferrer noopener">BioNTech Variant-adapted COVID-19 Vaccines Do Well In Q3</a>
The analyst adds that the data for BNT327, including the latest findings presented at the European Society for Medical Oncology, show a promising clinical profile.
While direct comparisons with other trials have limitations, this data supports growing confidence in reducing risks and points to significant potential opportunities for BioNTech in various cancer treatments.
Goldman Sachs has upgraded BioNTech to Buy from Neutral, with a price target of $137, up from the <a target="_blank" href="https://www.benzinga.com/quote/BNTX/analyst-ratings" rel="noreferrer noopener">previous target of $90</a>.
&#8220;We see the investment thesis in BNTX continuing to pivot &#8211; away from difficult-to-forecast COVID-19 vaccine market dynamics, and towards the potentially significant opportunity coming into view for BNT327, which if successfully developed has the potential in our view, to drive the company towards achievement of its goal of becoming a leading commercial player in oncology,&#8221; Goldman analyst writes.
The analyst believes that uncertainties surrounding the future of biopharma companies with vaccine businesses have uniquely made current stock levels an attractive entry point for investors.
Goldman incorporates risk-adjusted revenue forecasts that currently sum to 5.2 billion euros ($5.58 billion) in 2035 and 6.6 billion euros in 2040, with key indications including first-line non-small cell lung cancer is potentially sizable, first-line triple-negative breast cancer and extensive-stage small-cell lung cancer as strategic.
Price Action: On Friday, BNTX stock closed 2.56% higher at $110.64.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/11/41849792/nrg-energy-misses-q3-expectations-but-powers-up-guidance-and-stock-buyback-details" target="_blank" rel="noreferrer noopener">NRG Energy Misses Q3 Expectations But Powers Up Guidance And Stock Buyback: Details</a></li>
</ul>
Photo via Wikimedia Commons

Biotech

Upgrades

Analyst Ratings

Trading Ideas

BNTX

SMMT

BioNTech Earns Upgrade From Goldman Sachs As Investment Thesis Shifts Toward Cancer Potential

President-elect Donald Trump is turning to Wall Street veterans for advice on assembling his forthcoming administration.
What Happened: Trump&#8217;s triumph has been met with a positive reaction from the stock market, with U.S. stocks recording their fifth-highest single-day performance. According to a report, Howard Lutnick, co-chair of Trump&#8217;s transition team and CEO of Cantor Fitzgerald, is consulting Wall Street stalwarts on potential nominees. 
Key figures providing guidance include Scott Bessent, founder of Key Square Capital Management, and billionaire investor John Paulson, <a href="https://www.businessinsider.com/wall-street-advisor-trump-lutnick-schwarzman-warsh-federal-reserve-2024-11">reports</a> Business Insider.
Bessent, a major donor to Trump&#8217;s campaign, has been sharing Trump&#8217;s economic strategies at several forums. He advocates for the gradual implementation of tariffs to lessen the inflationary impact. Bessent is also a contender for the Treasury Secretary role.
Paulson, renowned for his successful gamble against mortgage-backed securities prior to the Great Recession, is advocating for the extension of Trump&#8217;s tax cuts and supports deregulation. He is also being considered for the Treasury Secretary position.
Also Read: <a href="https://www.benzinga.com/news/24/10/41564443/trumps-fortune-skyrockets-with-4b-stake-in-trump-media-technology-group">Trump&#8217;s Fortune Skyrockets With $4B Stake In Trump Media &amp; Technology Group</a>
Additional advisors include Gary Cohn, vice chairman of IBM and former president of Goldman Sachs, and Marc Rowan, CEO of Apollo Global Management. 
Both have participated in discussions regarding Trump&#8217;s financial strategies. Furthermore, Stephen Schwarzman, Blackstone cofounder, chairman, and CEO, and Kevin Warsh, former Federal Reserve Governor, are providing their expertise on finance and economics.
Charles Schwab, co-chairman and founder of the brokerage firm that bears his name, and Ross Perot Jr., chairman of the Perot Group, are also participating in the transition team&#8217;s deliberations.
Why It Matters: The involvement of Wall Street heavyweights in Trump&#8217;s transition team signals a potential shift in economic policy. 
Their influence could shape the future of US economic policy, with potential impacts on tariffs, tax cuts, and deregulation. The stock market&#8217;s positive response to Trump&#8217;s election suggests that investors may be anticipating business-friendly policies. 
However, the final impact will depend on the decisions made by Trump&#8217;s administration, guided by these advisors.
Read Next
<a href="https://www.benzinga.com/general/market-summary/24/11/41752762/here-is-how-investors-can-capture-opportunities-from-the-election">Here Is How Investors Can Capture Opportunities From The Election</a>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Market Summary

Wall Street Titans Called In To Advise Trump's Transition Team

A 39-year-old Chinese national, Zijie Li, was arrested on trespassing charges after attempting to access President-elect Donald Trump&#8217;s Mar-a-Lago estate, despite a court <a href="https://www.benzinga.com/real-estate/24/11/41702857/mar-a-lagos-original-owner-lived-in-a-lavish-36-room-estate-in-d-c-heres-what-its-like-inside" target="_blank" rel="noreferrer noopener">order barring him from the property</a>.
Li, a student visa holder from suburban Los Angeles, was apprehended Thursday after arriving in an Uber at the estate&#8217;s entrance in Palm Beach, Florida, AP News <a target="_blank" href="https://apnews.com/article/trump-maralago-intruder-24c163f8d952f98ac6a974cfef320947" rel="noreferrer noopener">reports</a>.
Since Trump&#8217;s victory in the general election, a high-tech robot dog, along with a heightened police presence, has been stationed at his Mar-a-Lago residence, <a href="https://www.nbcnews.com/video/heightened-security-measures-including-robot-dog-seen-at-mar-a-lago-223893573674" target="_blank" rel="noreferrer noopener">reported</a> NBC News.
He had previously been arrested for similar offenses, including attempts to enter the estate earlier this year. Li is currently being held without bond at the Palm Beach County Jail.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/41059458/trump-says-big-threats-to-his-life-from-iran-an-attack-on-a-former-president-is-a-death-wish-for-the" rel="noreferrer noopener">Trump Says Big Threats To His Life From Iran: &#8216;An Attack On A Former President Is A Death Wish For The Attacker!&#8217;</a>
Li&#8217;s arrest follows a series of troubling encounters with law enforcement and Secret Service agents at or near Mar-a-Lago. His first attempt to breach the estate occurred in July, when he told Secret Service officers he had information linking China to a separate assassination attempt on Trump at a rally in Pennsylvania, AP News added.
After being ordered to leave, he was arrested a week later for trespassing, though he was released on bail with a condition to stay away from Mar-a-Lago.
In October, Li was placed in a mental hospital after approaching a local homeowner near Mar-a-Lago, inquiring about gaining entry to the estate. He was released from the hospital just days before his most recent arrest, which revoked his prior bail, according to the report.
This is not the first time Mar-a-Lago has been the site of unlawful entries. During Trump&#8217;s presidency, the estate saw multiple breaches, including two by Chinese nationals.
In one notable incident, Yujing Zhang, a Chinese businesswoman, gained access to the property in 2019 while carrying electronic devices, leading to suspicions of espionage. She was later deported after being convicted of trespassing, the report read.
Despite numerous security breaches, there has been no indication that these incidents were attempts to harm Trump.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/24/11/41850076/warren-buffett-jokes-hed-be-eating-thanksgiving-dinner-at-mcdonalds-if-it-wasnt-for-uncle-sam-stepping-up" target="_blank" rel="noreferrer noopener">Warren Buffett Jokes He&#8217;d Be &#8216;Eating Thanksgiving Dinner At McDonald&#8217;s&#8217; If It Wasn&#8217;t For &#8216;Uncle Sam&#8217; Stepping Up</a></li>
</ul>

Chinese National Arrested for Trespassing at Mar-a-Lago Amid Heightened Security

Warren Buffett, one of the richest men in the world, has always made it clear that most of his money will go to charity. Many people are curious about what this means for his three children, as almost 99 percent of his <a href="https://www.benzinga.com/news/24/10/41178307/warren-buffetts-billion-dollar-lesson-its-very-irritating-if-you-have-a-lot-of-money-in-the-end-you">$140 billion fortune</a> is expected to be donated. The solution is a bit more complex than you may imagine.
Don't Miss:
<ul>
<li>‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –<a href="https://www.benzinga.com/money/mode-mobile-2"> invest today with $1,000 for just $0.25/share</a></li>
<li>This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years –<a href="https://www.benzinga.com/money/rad-ai"> here's how there's a limited time opportunity to invest at $1,000 for only $0.50/share before closing date.</a></li>
</ul>
Buffett is famous for believing that his children should be given enough money to feel like they can do anything but not so much that they end up doing nothing. While they won&#8217;t be inheriting billions in the typical sense, they're not being left out entirely. Instead of passing down his wealth directly, Buffett has taken a different route that gives his children a unique legacy.
<h2 class="wp-block-heading">The Charitable Trust Plan</h2>
Instead of a massive inheritance, Buffett has <a href="https://www.benzinga.com/news/management/24/06/39550353/warren-buffett-sets-up-new-trust-as-he-turns-away-from-gates-foundation">put together a charitable trust</a> to be managed by his three children – Susan, Howard and Peter. This trust will be responsible for giving away much of his fortune to various charities over 10 years after his death. But there's a catch: all three siblings must agree unanimously on where the money goes.
Each of Buffett's children has a charitable passion. Susan focuses on social justice, education and health care; Howard is dedicated to food security, crime prevention and international aid; and <a href="https://www.benzinga.com/personal-finance/24/10/41198368/warren-buffetts-son-who-famously-cashed-in-his-90-000-inheritance-at-19-spends-millions-in-buffe">Peter</a> supports Indigenous communities and is passionate about combating hunger. These different priorities could lead to disagreements, making decision-making challenging. But Buffett seems confident that his kids can handle it.
"I have 100% trust in how they will carry things out," Buffett said, believing that by working together, his children can make thoughtful decisions that align with family values and adapt to changing times.&nbsp;
Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." <a href="https://www.benzinga.com/money/connect-invest-real-estate-notes">These high-yield real estate notes that pay 7.5% &#8211; 9% make earning passive income easier than ever.</a>
<h2 class="wp-block-heading">Unity or Discord?</h2>
Although requiring unanimous choices may seem like a surefire way to end up in conflict, it may actually be a benefit. By working together, Buffett's children will need to learn more about each other's beliefs, develop empathy and find common ground. It's a way to connect them and build a shared family mission, even after their father is gone. The hope is that this process of agreeing on charitable giving could become something that bonds them rather than divides them.
Of course, the requirement for unanimous decisions could also lead to stalemates and frustration.&nbsp;
So, while Buffett's children aren't getting a traditional inheritance, they're far from being left with nothing. They've already received significant gifts for their philanthropic organizations and they&#8217;ll have a say in managing and distributing money to causes they believe in. More importantly, they'll continue their father's legacy in a way that reflects his belief in purpose, responsibility and making a difference.
See Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
<h2 class="wp-block-heading">A Shift Away from the Gates Foundation</h2>
According to a previous draft of his will, Buffett originally wanted Bill Gates to handle the majority of his charity contributions. He has given the Gates Foundation about $39 billion over the years, but he recently decided that something new was needed.&nbsp;
Buffett became increasingly <a href="https://www.benzinga.com/news/24/08/40304161/bill-gates-and-warren-buffett-have-been-friends-for-decades-but-rising-tensions-now-threaten-their-p">uncomfortable with Gates&#8217; extravagant</a> spending patterns, including his numerous residences, private aircraft and luxury items. Buffett was also worried about what he saw as the Gates Foundation's large expenses and inefficiency.
Read Next:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target –<a href="https://www.benzinga.com/money/mode-mobile-2"> You can still get 4,000 of its pre-IPO shares for just $1,000</a></li>
<li>With over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. <a href="https://www.benzinga.com/money/rad-ai">Be an early investor with just $1,000 for only $0.50/share today before the offer closes in 2 weeks.</a></li>
</ul>

Startups

With Warren Buffett Donating 99% Of His Fortune, What's Left For His Three Children? Well, It's Complicated

As Donald Trump prepares for a possible second term, former intelligence officials and lawmakers are raising alarms about the future of the U.S. intelligence <a href="https://www.benzinga.com/government/24/11/41831044/how-to-play-the-trump-trade-for-ai-energy-taxes-analyst-says-5-stocks-could-shine" target="_blank" rel="noreferrer noopener">community under his leadership</a>.
With Trump&#8217;s history of contentious relationships with spy agencies, critics worry that the President-elect could further politicize these institutions, using them to serve his personal and political interests rather than their traditional role of safeguarding national security, <a href="https://www.nbcnews.com/politics/national-security/former-cia-officials-worry-trump-politicize-weaponize-intelligence-age-rcna179024" target="_blank" rel="noreferrer noopener">reported</a> NBC News.
One major concern is the potential appointment of Kash Patel, a former Trump administration official and staunch MAGA loyalist, to a high-level national security post, potentially as CIA director, the report read, citing people familiar with the transition process.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/11/41862860/doj-files-charges-in-iranian-plot-to-assassinate-trump" rel="noreferrer noopener">DOJ Files Charges In Iranian Plot To Assassinate Trump</a>
Patel, who was previously considered for the deputy CIA director role but faced opposition from career intelligence officers, remains a controversial figure.
Other potential candidates for top intelligence positions include ex-Rep. Devin Nunes (R-Calif.), ex-National Security Adviser Robert O&#8217;Brien, Sen. Marco Rubio (R-Fla.), and John Ratcliffe, the former Texas congressman who previously served as Director of National Intelligence under Trump, NBC News added, citing congressional aides and Republican activists.
These figures are viewed as fiercely loyal to Trump and would likely pursue his agenda without question.
The worry is that these appointments could lead to the politicization of intelligence, pressuring agencies to tailor their findings to align with Trump&#8217;s political goals.
There is also the risk of intelligence being used to spy on domestic political opponents, a scenario that former intelligence officials warn could undermine the apolitical nature of the CIA and other agencies.
Trump&#8217;s history of distrust towards the intelligence community — dating back to his first term — fuels these fears.
Trump has long viewed the intelligence agencies as hostile and politically biased. His supporters, however, argue that his control over these agencies is necessary to ensure they align with his administration&#8217;s priorities.
One of the most significant points of contention is the suggestion that Trump may attempt to overhaul the CIA by replacing career civil servants with political appointees.
The Heritage Foundation&#8217;s &#8220;Project 2025&#8221; outlines a plan for Trump to assert more control over the intelligence community by appointing loyalists to key positions. This could potentially lead to a shift in how intelligence is analyzed, creating risks that intelligence could be manipulated or withheld based on political considerations, NBC News added.
Despite these concerns, Trump&#8217;s allies argue that his appointments would strengthen the intelligence community and ensure that it carries out his policies effectively.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41865860/trumps-plan-to-expand-federal-death-penalty-could-face-hurdles" target="_blank" rel="noreferrer noopener">Trump&#8217;s Plan To Expand Federal Death Penalty Could Face Hurdles</a></li>
</ul>

CIA Could Be Politicized Under Trump, With Loyalists Eyeing Key Intel Roles

Tech mogul Elon Musk was a surprise guest on a phone call between President-elect Donald Trump and Ukrainian President Volodymyr Zelenskyy shortly after Trump emerged as the <a href="https://www.benzinga.com/general/social-media/24/11/41784933/donald-trumps-wealth-soars-with-2024-election-win-heres-how-much-president-elect-is-worth-ho" target="_blank" rel="noreferrer noopener">winner of the presidential race</a>. The call, described as &#8220;positive and cordial,&#8221; took place as Trump navigated the transition period toward his second term, <a href="https://edition.cnn.com/2024/11/08/europe/ukraine-trump-elon-musk-zelensky-intl-latam/index.html" target="_blank" rel="noreferrer noopener">according</a> to CNN.
Musk was present at Mar-a-Lago, Trump&#8217;s private estate in Palm Beach, Florida, when Zelenskyy reached out to offer his congratulations on Trump&#8217;s victory, the report read. The brief conversation was seen as an informal yet notable moment during the presidential transition.
Musk&#8217;s Role in Ukraine&#8217;s Communications Effort
Per CNN, Trump placed the call on speakerphone, during which Zelenskyy expressed his gratitude to Musk for his pivotal role in providing Ukraine with crucial communication infrastructure through Starlink, SpaceX&#8217;s satellite internet service. The emergency Starlink receivers, deployed in the early days of Russia&#8217;s invasion, have been vital in maintaining Ukraine&#8217;s internet connectivity amid ongoing conflict.
A Growing Political Partnership Between Musk and Trump
Musk&#8217;s participation in the call was first <a href="https://www.axios.com/2024/11/08/musk-trump-zelensky-ukraine-call" target="_blank" rel="noreferrer noopener">reported</a> by Axios and later confirmed by several other news outlets. While the conversation did not delve into specific policy issues, Musk&#8217;s involvement in the call highlights his growing influence in both business and geopolitical spheres.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/global/24/11/41865062/putin-congratulates-trump-on-2024-election-victory-russian-leader-said-president-elect-manly-for-how-he-handled-assassination-attempt" rel="noreferrer noopener">Putin Congratulates Trump On 2024 Election Victory: Russian Leader Said President-Elect &#8216;Manly&#8217; For How He Handled Assassination Attempt</a>
Musk, who has donated millions of dollars to support Trump&#8217;s presidential campaign and appeared alongside him at public events, has become a key ally of the president. In return, Trump has expressed interest in offering Musk, the world&#8217;s richest person, a role in his administration to help streamline government operations and promote efficiency, according to Reuters.
Zelenskyy took to X (formerly Twitter) to <a href="https://x.com/ZelenskyyUa/status/1854289413246705695" target="_blank" rel="noreferrer noopener">congratulate</a> Trump on his victory. &#8220;We agreed to maintain close dialogue and advance our cooperation. Strong and unwavering U.S. leadership is vital for the world and for a just peace,&#8221; Zelenskyy wrote.
Trump&#8217;s Approach to the Ukraine Conflict
Trump, who has previously claimed he could &#8220;settle&#8221; the war in Ukraine within a single day, reaffirmed his stance on ending the conflict quickly. As president-elect, Trump suggested that he could broker a peace deal even before taking office, though he did not outline a specific plan to achieve this, <a target="_blank" href="https://www.nbcnews.com/politics/donald-trump/elon-musk-briefly-joins-trumps-call-volodymyr-zelenskyy-rcna179418" rel="noreferrer noopener">reported</a> NBC News. During his debate with Vice President Kamala Harris, Trump declined to state whether he wanted Ukraine, a key U.S. ally, to win the war, instead emphasizing the importance of bringing the conflict to an end through negotiation.
See
Also See: <a target="_blank" href="https://www.benzinga.com/news/24/06/39472302/trump-favors-advisors-plan-to-end-ukraine-russia-war-if-reelected-report" rel="noreferrer noopener">Trump Favors Advisors&#8217; Plan To End Ukraine-Russia War If Reelected: Report</a>
Meanwhile, Vice President-elect JD Vance has also weighed in on the issue, suggesting that Ukraine may need to consider ceding some of its territory to help bring the war to a close.
Musk&#8217;s involvement in Ukraine&#8217;s war effort has been significant. When Russia invaded Ukraine, Musk responded by providing Starlink internet support, a vital lifeline that allowed Ukrainians to stay connected in the face of widespread communication disruptions. The emergency Starlink receivers, part of SpaceX&#8217;s satellite network, have been instrumental in keeping both military and civilian networks operational throughout the conflict, NBC News added.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/11/41718416/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-october-2024-where-do-tesla-nvidia-apple-d" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a></li>
</ul>
Photo: Shutterstock

Elon Musk Joined Trump's Call With Zelenskyy

<h3 class="wp-block-heading">Bankruptcy Block</h3>
Wellpath Holdings Inc., a major provider of healthcare services to jails across the U.S., is preparing <a href="https://www.benzinga.com/topic/bankruptcy">to file for bankruptcy</a>. 
Owned by H.I.G. Capital, the Nashville, Tenn.-based company has struggled with debt and labor costs. Despite efforts, including a forbearance agreement with lenders, financial strains have persisted. 
This move comes as prison stocks Geo Group (NYES: GEO) and CoreCivic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXW#NYSE">CXW</a>) moved positively to the news that Donald Trump won <a href="https://www.benzinga.com/general/politics/24/11/41779902/prison-stocks-geo-group-corecivic-rally-on-trump-2024-election-win-history-shows-the-gains-may-n">the 2024 presidential election</a>.
Meanwhile, Toronto-based Slang Worldwide Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/SLNG#CSE">SLNG</a>) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/SLGWF#OTCQB">SLGWF</a>) is entering receivership in Colorado and declared bankruptcy in Canada. Unable to repay amounts owed under its credit agreement, which matures on Nov. 15, 2024, Slang will likely dispose of or sell its assets <a href="https://www.benzinga.com/markets/cannabis/24/11/41778383/another-one-bites-the-dust-slang-worldwide-files-for-bankruptcy-due-to-inability-to-pay-debt">through a receivership process</a>.
<h3 class="wp-block-heading">New On The Block</h3>
Tripadvisor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) is currently exploring &#8220;strategic alternatives,&#8221; which is corporate jargon for a sale. According <a href="https://uk.finance.yahoo.com/news/q3-2024-tripadvisor-inc-earnings-133036809.html">to </a>CFO Mike Noonan, the company ended Q3 with $1.1 billion in cash. Should a firm make an offer, it would have to woo Liberty Media, which owns about 21% of Tripadvisor common stock — an approximate 57% voting interest.
KKR &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>) wants to sell its stake in JB Chemicals &amp; Pharmaceuticals Ltd. via a block trade in the market, <a href="https://www.bloomberg.com/news/articles/2024-11-06/kkr-is-said-to-consider-selling-750-million-stake-in-jb-pharma">per</a> Bloomberg. The private equity firm is working with an investment bank as it considers selling about $750 million worth of stock in the Indian-listed company. The size of the deal could jump to $1 billion depending on demand.
See Also: <a href="https://www.benzinga.com/news/24/11/41698607/kamala-harris-ready-if-trump-decides-to-falsely-declare-victory-we-are-prepared-to-respond">Harris &#8216;Ready&#8217; If Trump Decides To &#8216;Falsely&#8217; Declare Victory: &#8216;We Are Prepared To Respond&#8217;</a>
<h3 class="wp-block-heading">Off The Block</h3>
Anglo American (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AAUKF#OTC">AAUKF</a>) has agreed to sell its 33.3% stake in the Jellinbah Group to Zashvin for $1.1 billion. Per the plan laid out <a href="https://www.benzinga.com/news/large-cap/24/05/38826363/anglo-american-expedites-plan-to-divest-de-beers-other-assets-after-rebuffing-bhp-takeover-bid" target="_blank" rel="noreferrer noopener">earlier this year</a>, the company is focusing on <a href="https://www.benzinga.com/topic/copper" target="_blank" rel="noreferrer noopener">copper</a>, iron ore, and crop nutrients. The joint venture holds a 70% interest in two major metallurgical coal mines in Queensland: Jellinbah East and Lake Vermont. Anglo did not operate these mines <a href="https://www.benzinga.com/news/large-cap/24/11/41739206/anglo-american-offloads-1-1-billion-coal-stake-proceeds-with-restructuring">nor market their output</a>.
Blackstone agreed to buy Retail Opportunity Investments Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIC#NASDAQ">ROIC</a>), a U.S. shopping mall owner. The Stephen A. Schwarzman-run private equity firm valued the real estate investment trust at <a href="https://www.benzinga.com/markets/24/11/41803407/is-blackstone-finalizing-a-deal-to-acquire-one-of-americas-largest-retail-reits">around $4 billion, including debt</a>.
Air Transport Services Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATSG#NASDAQ">ATSG</a>) is going private. Investment firm Stonepeak is acquiring the aircraft lessor for $3.1 billion, including debt.
<h3 class="wp-block-heading">Updates From The Block</h3>
Nippon Steel Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NISTF#OTC">NISTF</a>) remains optimistic about finalizing its $14.1 billion acquisition of United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) by the end of the year. The Japanese company is navigating opposition from unions and the Biden administration, while also facing potential hurdles from the recent election of Donald Trump, who <a href="https://www.benzinga.com/m-a/24/11/41806893/nippon-steel-remains-confident-in-14b-us-steel-deal-despite-trumps-resistance-there-can-be-construct">plans to block the deal</a>.
Brookfield launched a sale process for Aveo, a Sydney-based retirement home operator, in June. The Australian reports that the $3-billion company will likely not get sold until 2025. 
<h3 class="wp-block-heading">Notes From The Block</h3>
Jim Cramer expressed optimism about a resurgence in M&amp;A with <a href="https://www.benzinga.com/24/11/41857971/trumps-win-sends-wall-street-to-record-highs-small-caps-tesla-outperform-fed-cuts-interest-rates-this-week-in-the-market">the incoming Trump administration</a>. Cramer predicts a more lenient approach to M&amp;A approvals compared to the previous administration, which was known for its stringent antitrust scrutiny. The &#8220;Mad Money&#8221; host also highlighted that the regional banking sector could significantly benefit from increased M&amp;A activity, allowing banks to grow by acquiring smaller entities or merging to <a href="https://www.benzinga.com/m-a/24/11/41805370/jim-cramer-hopes-m-a-to-come-back-bigly-under-trump-administration">form larger "super regionals.&#8221;</a>
For last week&#8217;s column, <a href="https://www.benzinga.com/m-a/24/11/41700829/deal-dispatch-tgi-fridays-goes-bankrupt-bhp-backtracks-comments-and-more-m-a-news">click here.</a>
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41699259/nvidia-rides-ai-wave-to-replace-intel-on-dow-jones-industrial-average-ending-its-25-year-run">Nvidia Rides AI Wave To Replace Intel On Dow Jones Industrial Average, Ending Its 25-Year Run</a></li>
</ul>

Asset Sales

AAUKF

ATSG

CSE:SLNG

DBRG

INRE

NISTF

ROIC

SLGWF

SLNG

TRIP

Deal Dispatch: Prison Companies In Focus Post-Election, Tripadvisor Boasts $11B In Cash

If you want a brand-new <a href="https://www.benzinga.com/topic/cybertruck">Tesla Cybertruck</a>, you might be surprised to discover you can have one built and delivered to your door in 10 days. While that sounds great for anyone in the market for one of these futuristic-looking trucks, it's a worrying sign for Tesla. It suggests that demand for the Cybertruck is nowhere near what Tesla hoped for – and that's a big problem for the company.
Don't Miss:
<ul>
<li>This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years –<a href="https://www.benzinga.com/money/rad-ai"> here's how there's an opportunity to invest at $1,000 for only $0.50/share today.</a></li>
<li>‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones –<a href="https://www.benzinga.com/money/mode-mobile-2"> invest today with $1,000 for just $0.25/share</a></li>
</ul>
Originally, the Cybertruck had a very long waiting list. Tesla once had <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36076140/tesla-bull-calls-cybertruck-niche-product-demand-will-be-limited-until-pricing-come">over a million people</a> who put down $100 to reserve one. Back then, Elon Musk expected the Cybertruck would be sold out until 2027, meaning anyone who wanted one would have to wait years. But the situation looks very different less than a year after production began.
Only about 2.5% of those million-plus reservations turned into actual orders. Now, instead of people lining up to get their hands on one, Tesla is scrambling to find new buyers. The initial hype has fizzled and what remains is a tough market reality – Tesla has more trucks than buyers.
Trending: The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a>
Several new Cybertruck owners have shared their experiences online and the trend is clear: Tesla delivers these trucks much faster than expected. For example, a recent buyer, Gabe Thompson, <a href="https://www.facebook.com/groups/CyberTruck/permalink/8463465163748953/">shared</a> on social media that he ordered his non-Foundation Series Cybertruck on October 18. By Oct. 29, he was already taking delivery in Dallas. He didn&#8217;t have a years-old reservation; he simply went to Tesla's website, ordered a $79,990 truck and 10 days later, it was his.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
As Torque News reports, other new owners have similar stories. One person ordered on Oct. 15 and had a delivery date of October 30. Another got his Cybertruck delivered in under three weeks after placing an order. The fact that Tesla can build and deliver these trucks so quickly suggests one thing: there aren't many new orders in the pipeline.
So what happened to all the demand? Tesla fans who were once eager to pay for the Cybertruck seem to have backed off. Some Reddit commenters speculate that years of delays, rising prices and changes to the truck&#8217;s design may have turned people off. After all, the final product isn't exactly what was first promised. It's also possible that some people who reserved a truck years ago aren't interested anymore – or can't justify the <a href="https://www.benzinga.com/news/24/08/40212316/tesla-ceo-elon-musk-reiterates-need-to-make-cybertruck-cheaper-its-a-great-truck-we-need-to-make-it">$80,000 price tag</a>.
See Also: With over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. <a href="https://www.benzinga.com/money/rad-ai">Be an early investor with just $1,000 for only $0.50/share today.</a>
If Tesla can't build up demand for the Cybertruck, the company could face some hard choices. They might have to scale back production or pause it until demand catches up. This greatly contrasts Tesla's other models, like the Model 3 or Model Y, which continue to sell well without reservation lists. The Cybertruck was supposed to be a game-changer, but right now, it's looking more like a gamble that isn't paying off.
For anyone wanting a Cybertruck, now is probably the easiest time to get one. But for Tesla, the ease of getting one points to a bigger problem: the demand just isn't there and the hype that once surrounded the Cybertruck might have driven off into the sunset.
Read Next:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target –<a href="https://www.benzinga.com/money/mode-mobile-2"> You can still get 4,000 of its pre-IPO shares for just $1,000</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>

If You Want A New Tesla Cybertruck, You Can Get It Built And Delivered In 10 Days. That's Not A Good Thing For The EV Company

In a <a href="https://www.youtube.com/watch?v=6dLsC85qOF0&amp;t=8s">recent segment</a> on The Ramsey Show, personal finance expert <a href="https://www.benzinga.com/personal-finance/24/10/41271856/living-in-an-apartment-and-investing-60-is-it-a-smart-plan-dave-ramseys-response-to-houston-grad">Dave Ramsey</a> and his co-host John Delony discussed a call from a father grappling with a dilemma about inheritance. The caller explained that he and his wife, both devout Christians, were considering imposing religious stipulations on their inheritance. Their concern focused on his 24-year-old daughter from a previous marriage, whom they wanted to ensure was living "according to the Bible" as a condition for receiving her share.
Don't Miss:
<ul>
<li>Many are using this retirement income calculator to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on how on what&#8217;s behind this formula.</a></li>
<li><a href="https://www.benzinga.com/money/100k-cd">$100K Sitting In A CD Account, Should I Move Money Into The Stock Market?</a></li>
</ul>
The caller shared his wife's idea of withholding the inheritance if their daughter didn't meet certain spiritual standards. He sought advice on whether such conditions were appropriate, asking Ramsey for guidance on the best course for setting up their children's <a href="https://www.benzinga.com/personal-finance/24/10/41462117/man-inherits-50-million-and-turns-to-dave-ramsey-for-advice-he-says-wealthy-people-who-give-are-">inheritance</a> in line with their faith.
Ramsey emphasized that while his and his wife&#8217;s estate plans have similar requirements, their approach is not punitive. Instead, Ramsey said he views his wealth as a form of stewardship – a resource to be managed in line with his beliefs rather than as an ownership privilege passed down. This perspective shaped how he set up his children's inheritance, stressing that his estate plan wasn't intended to control behavior or act as a "carrot and stick" to force compliance with certain beliefs.
Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." <a href="https://www.benzinga.com/money/connect-invest-real-estate-notes">These high-yield real estate notes that pay 7.5% &#8211; 9% make earning passive income easier than ever.</a>
To underscore his point, Ramsey compared inheritance to managing a business on behalf of someone else. He says that everything he owns he is managing for God. Just as a company owner would hire a manager who aligns with its values, he explained that he and his wife saw their children's potential inheritance as an extension of their religious responsibility to manage their wealth. Thus, his children would inherit what he called the "weight" of <a href="https://www.benzinga.com/personal-finance/24/11/41726342/can-you-guess-what-asset-the-ultra-wealthy-invest-in-most-heres-a-hint-its-not-stocks">managing wealth</a> rather than a "lottery win."
Delony added that tying inheritance to specific behavioral conditions could strain family relationships, especially between parents and adult children. "Here&#8217;s the thing, if you wanna drive a wedge between you and your adult children, try to control their adult behavior with the threat of, ‘then I&#8217;ll just take you out of the will.' You will lose your children. Don't do that."&nbsp;
Trending: Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.
Delony also highlighted how various Christian denominations interpret biblical standards differently, making such conditions difficult to apply fairly. In the caller's case, Delony suggested focusing on open, supportive conversations with his daughter about faith instead of using inheritance as a control measure.
Ramsey further addressed the concept of misusing wealth by supporting poor choices. In his view, providing substantial financial support to a family member engaging in self-destructive behavior could amplify that behavior rather than help. However, he cautioned that withholding inheritance to shape or control adult children's decisions was ineffective.
See Also: According to Vanguard&#8217;s Advisor&#8217;s Alpha Study, working with a financial advisor can result in approximately 3% higher net returns annually,<a href="https://www.benzinga.com/money/3-percent-advantage-financial-advisor"> here are the benefits of partnering with a financial advisor and how to find the right one near you in minutes.</a>
Both <a href="https://www.benzinga.com/personal-finance/24/09/40924375/hes-scared-were-going-to-blow-through-it-ramsey-show-caller-says-7-million-inheritance-is-causin">Ramsey and Delony</a> advised that while parents have the right to decide how their assets will be distributed, using inheritance as leverage to demand certain beliefs or behaviors may backfire. Ramsey concluded by encouraging the caller to adopt a perspective of support and guidance for his daughter's spiritual journey without using money to control her choices.
In situations like these, Ramsey recommends framing inheritance as a stewardship responsibility rather than a tool to enforce personal or religious standards. This approach, he suggests, could foster a healthier family dynamic, helping parents and children navigate complex issues of faith and finances with mutual respect.
Read Next:
<ul>
<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>Studies show 50% of consumers think Financial Advisors cost much more than they do —<a href="https://www.benzinga.com/money/money-pickle"> to debunk this, this company provides matching for free and a complimentary first call with the matched advisor.</a></li>
</ul>

Personal Finance

Parents Want To Take Away Inheritance From Daughter Not Living According To The Bible, Dave Ramsey Says Don't Use This As Punishment

President-elect Donald Trump wants to expand the federal death penalty during his second term, including making more <a href="https://www.benzinga.com/news/24/06/39450103/taiwan-president-lai-ching-te-calls-autocracy-evil-after-chinese-threats-of-death-penalty-for-separa" target="_blank" rel="noreferrer noopener">individuals eligible for execution</a>.
Trump would target those convicted of crimes such as child rape, drug trafficking, and the killing of law enforcement officers, calling these individuals as &#8220;terrible, horrible people&#8221; responsible for widespread harm, <a href="https://www.nbcnews.com/politics/2024-election/trump-wants-expand-federal-death-penalty-setting-legal-challenges-seco-rcna178979" target="_blank" rel="noreferrer noopener">reported</a> NBC News.
His stance has raised concerns among criminal justice reform advocates and anti-death penalty groups, who fear a revival of the controversial policies from his first term, which saw 13 federal executions, including the first woman executed in nearly 70 years, the report added.
While Trump&#8217;s exact plan remains unclear, legal experts warn of significant challenges.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/social-media/24/11/41862616/meta-ceo-mark-zuckerberg-dodges-personal-liability-in-child-social-media-addiction-lawsuits-federal-judge-cites-lack-of-evidence" rel="noreferrer noopener">Meta CEO Mark Zuckerberg Dodges Personal Liability In Child Social Media Addiction Lawsuits: Federal Judge Cites Lack Of Evidence</a>
Expanding the death penalty to non-murder crimes, such as child rape, would likely require changes in federal law, as a 2008 Supreme Court ruling prohibits the execution of child rapists.
The process of ramping up federal executions also faces logistical hurdles, including securing the necessary lethal injection drugs and dealing with legal challenges that could delay any immediate action.
Despite these obstacles, advocates like Ruth Friedman of the Federal Capital Habeas Project fear that Trump could reinstate execution protocols quickly, potentially reversing Biden-era reforms, NBC News added.
With the Supreme Court&#8217;s conservative majority, legal experts suggest that efforts to reinstate and expand the death penalty could gain support, though bipartisan opposition from lawmakers remains a possibility.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41767401/trump-vs-harris-apple-transforms-dynamic-island-to-bring-election-results-at-your-fingertips-on-ipho?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Harris: Apple Transforms Dynamic Island To Bring Election Results At Your Fingertips On iPhone</a></li>
</ul>
Photo: Shutterstock

Trump's Plan To Expand Federal Death Penalty Could Face Hurdles

STOCK RISES 38 POINTS AFTER ALERT 

<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="691" height="863" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/08212748/Screen-Shot-2024-11-08-at-4.31.04-PM.png" alt="" class="wp-image-3181" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/08212748/Screen-Shot-2024-11-08-at-4.31.04-PM.png 691w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/11/08212748/Screen-Shot-2024-11-08-at-4.31.04-PM-240x300.png 240w" sizes="(max-width: 691px) 100vw, 691px" /></figure>
Costco , Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Yesterday, at 10:00 AM on November 8th, a significant trading signal occurred for Costco, Inc. as it demonstrated a Power Inflow at a price of $923.81. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Costco&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in Costco&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for COST <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like <a href="https://finitusa.com/en/">Finit USA</a>, responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $923.81. The returns on the High price ($961.84) and Close price ($943.80) after the Power Inflow were respectively 4.1% and 2.6%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. 
Past Performance is Not Indicative of Future Results

Comments

Fidelity MSCI Consumer Discretionary Index ETF

뉴스

에 대한 최신 뉴스 Fidelity MSCI Consumer Discretionary Index ETF (ARCA:FDIS)

토요일, 9월 21, 2024

수요일, 9월 18, 2024

월요일, 9월 16, 2024

금요일, 9월 13, 2024

뉴스

파트너 / 기고자

벤징가 글로벌