에 대한 최신 뉴스 Trip.com Group (NASDAQ:TCOM) 주식

Trip.com Group

Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

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지난주, 중국 중앙은행이 은행의 지급준비율(RRR)을 50bp(베이시스 포인트) 또는 0.5%포인트 인하하기로 발표하면서 미국에 상장된 중국 기업들의 주가가 전반적으로 상승했다.

중국 주식 우세 - JD닷컴과 PDD는 지난주 최고 성과를 보여준 10개 대형주 중 일부 (9월 23일-9월 27일)

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ALIBABA GROUP HOLDING LTD by Alibaba Group Holding Limited

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중국의 최신 경제 부양책이 글로벌 시장에 큰 파장을 일으키고 있다. 다음과 같은 중국 인민은행(PBoC)의 대담한 일련의 조치에 따라 이루어졌다:

중국의 부양책으로 낙관론 촉발: 분석가들이 매수 평가한 대형주 3종목

AFRM

AZPN

NTNX

PODD

VEEV

이들 10개 대형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 어펌 홀딩스(NASDAQ:AFRM)의 주가는 강력한 4분기 실적과 낙관적인 1분기 가이던스에 따라 36.04% 상승했다. 몇몇 분석가는 주가 전망을 상향 조정했다.

어펌 및 몽고DB는 지난주 최고 성과를 보여준 10개 대형주 중 일부 (8월 25일-8월 31일)

Trip.com Group Limited - American Depositary Shares

Trip.com Group Ltd

The cryptocurrency belonging to the defunct cryptocurrency exchange FTX (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ftt/usd">FTT</a>) dramatically jumped on Sunday, dwarfing the gains made by the rest of the market.
What happened: FTT exploded more than 60% over the last 24 hours, turning out to be the market's biggest gainer by a mile. The coin's trading volume lifted an eye-popping 3734%, with the buying pressure catapulting it to values not seen since mid-March.
The rally defied the broader market that saw the total market capitalization contract by 1.89% in the last 24 hours.&nbsp;
FTT's massive spike was unusual, given that the coin doesn't have any use as of this writing. It lost more than 90% of its market value after <a href="https://www.benzinga.com/markets/cryptocurrency/23/10/35445270/the-true-cost-of-the-ftx-collapse-how-much-did-sam-bankman-fried-really-make">FTX's fraudulent activities were unearthed</a>, leading to the exchange's bankruptcy in the fall of 2022.&nbsp;
FTX's disgraced founder Sam Bankman-Fried <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37988324/sam-bankman-fried-sentenced-to-25-years-judge-points-to-ambition-political-manipulation">was sentenced to 25 years in prison earlier in March</a> for his role in the sensational fraud case.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41053101/maxine-waters-says-crypto-is-inevitable-other-countries-are-way-ahead-of-the-united-states">Maxine Waters Says &#8216;Crypto Is Inevitable,&#8217; Other Countries Are &#8216;Way Ahead&#8217; Of The United States</a>
Why It Matters: FTT&#8217;s odd jump coincided with rumors that FTX would begin repaying fraud victims on Sept. 30.
However, these were categorically debunked by FTX creditor activist Sunil Kavuri, who said that the next court hearing for the restructuring plan was on Oct. 7.&nbsp;
Should the plan get a green signal, creditors with claims below $50,000 may see distributions by the end of 2024. Those with larger claims may have to wait until the first or second quarter of 2025, Kavuri said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">FTX Distribution False: Large accts. spreading false info, FTX distribution has started and/or start on 1st Oct etc and $16bn inflow 7th October: Plan hearing Approx No. Est. $5.5bn claims bought (50%) &#8211; not crypto investors &#8211; won&#39;t reinvest in crypto Claims &lt;$50k:…
&mdash; Sunil (FTX Creditor Champion) (@sunil_trades) <a href="https://twitter.com/sunil_trades/status/1840427183879159931?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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Price Action: At the time of writing, FTT was exchanging hands at $2.31, up 61% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 
Photo by Sergei Elagin on Shutterstock
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FTX Token Stuns Market With 60% Gains — What's Going On With Crypto Of The Bankrupt Exchange Founded By Sam Bankman-Fried?

In a stark warning reminiscent of the supply chain disruptions that plagued global commerce in 2021-2022, Northwestern University professor Ben Golub predicts potential chaos as the United States braces for its <a href="https://www.benzinga.com/markets/equities/24/09/41059881/costco-gears-up-for-potential-us-port-strikes-as-ceo-stresses-proactive-steps-america-could-get-">largest shipping strike in decades</a>.
What Happened: The economist&#8217;s analysis, <a href="https://x.com/ben_golub/status/1839661945793728826">shared</a> on social media platform X, highlights the fragility of modern supply networks and the far-reaching consequences of localized disruptions.
&#8220;On Tuesday, 36 US ports will be shut down by the largest shipping strike in living memory,&#8221; Golub wrote. &#8220;This could recreate the chaotic supply chain crisis of 2021-2022.&#8221;
Golub, a professor of economics and computer science, emphasizes that supply chains are far more complex than their linear name suggests. &#8220;Supply networks are complex, interconnected webs of relationships,&#8221; he explains, citing Toyota&#8217;s post-2011 earthquake discovery of 400,000 distinct items across ten supplier tiers.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Except they interlock across firms, like this. After the 2011 Japan earthquake, Toyota mapped its supply network, uncovering 400,000 distinct items across ten tiers of suppliers. This vast complexity means disruptions can ripple through the entire network in unexpected ways. <a href="https://t.co/fKZdvNepZ7">pic.twitter.com/fKZdvNepZ7</a>
&mdash; Ben Golub (@ben_golub) <a href="https://twitter.com/ben_golub/status/1839662917525918162?ref_src=twsrc%5Etfw">September 27, 2024</a></blockquote>
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The economist identifies key vulnerabilities in these networks:
<ol>
<li>Concentrated dependence on specific suppliers or regions</li>
<li>The &#8220;diversification mirage,&#8221; where apparent multisourcing fails to protect against upstream crises</li>
<li>The &#8220;complexity trap,&#8221; where moderate disruptions across the network can cause systemic failure</li>
</ol>
Golub argues that market forces alone are insufficient to ensure supply network stability. &#8220;Unlike road systems, global supply networks operate without oversight,&#8221; he notes, adding that research shows market equilibria are not robust enough to prevent crises.
Golub also pointed out that the semiconductor industry, heavily reliant on Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), is particularly vulnerable. Any disruption in this sector could halt entire industries, as seen during the 2021-2022 semiconductor shortages.
See Also: <a href="https://www.benzinga.com/markets/equities/24/09/41074448/latest-inflation-data-cements-feds-interest-rate-call-s-p-500-hits-all-time-high-biden-adviser-b?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Latest Inflation Data Cements Fed&#8217;s Interest Rate Call, S&amp;P 500 Hits All-Time High, Biden Adviser Backs China EV Ban At Detroit Economic Club: This Week In The Markets</a>
Why It Matters: The looming strike is not an isolated event but part of a broader context of potential disruptions. Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) has already taken proactive measures to mitigate the impact. CEO Ron Vachris <a href="https://www.benzinga.com/markets/equities/24/09/41059881/costco-gears-up-for-potential-us-port-strikes-as-ceo-stresses-proactive-steps-america-could-get-">detailed contingency plans</a>, including pre-shipping holiday goods and preparing to use alternative ports.
Additionally, <a href="https://www.benzinga.com/news/global/24/08/40451543/transatlantic-container-shipping-volumes-rise-as-possible-strike-at-u-s-ports-hovers">transatlantic container shipping volumes</a> have surged as U.S. retailers rush to replenish inventories ahead of the potential strike. Hapag-Lloyd CEO Rolf Habben Jansen noted the temptation among customers to bring in goods early.
Lastly, China&#8217;s exports are also at risk due to the anticipated U.S. port strikes, compounded by typhoons and the upcoming Golden Week holiday, which traditionally <a href="https://www.benzinga.com/markets/asia/24/09/41012532/chinas-exports-at-risk-from-anticipated-us-port-strikes-typhoons-golden-week-warns-container-trade-e">slows logistics activities in China</a>.
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

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Economist Ben Golub Sounds Alarm On Upcoming US Shipping Strike Affecting 36 Ports: 'Chaotic Supply Chain Crisis' Of 2021-2022 Threatens To Resurface

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) advocate Jamie Robinson recently drew attention to digital displays exhibiting the price of the leading cryptocurrency in El Salvador, a sight visible to thousands of commuters daily.
What Happened: On Saturday, Robinson took to X to highlight Bitcoin&#8217;s rising mainstream acceptance in the Central American nation. 
&#8220;Digital displays with the Bitcoin price now in El Salvador. Tens of thousands drive past this major intersection every day! &#8221; Robinson said. &#8220;Over the next year they'll all watch the price change.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Digital displays with the Bitcoin price now in El Salvador. Tens of thousands drive past this major intersection every day! Over the next year they'll all watch the price change. &#x26a1;&#xFE0F; <a href="https://t.co/UzM49LpvCp">pic.twitter.com/UzM49LpvCp</a>
&mdash; Jamie Robinson (@JYUHQS) <a href="https://twitter.com/JYUHQS/status/1840093095397924954?ref_src=twsrc%5Etfw">September 28, 2024</a></blockquote>
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According to Robinson, the digital displays were placed at the intersection between Av. De La Revolucion and the Alameda Doctor Manuel Enrique Araujo in the capital, Sal Salvador.
Robinson serves as the chief strategy officer of The Bitcoin Hardware Store, which houses hardware wallets, textbooks, and merchandise related to the apex cryptocurrency,
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41081939/trump-wants-us-to-be-bitcoin-mining-capital-of-the-world-core-scientifics-move-to-buy-chip">Trump Wants US To Be Bitcoin Mining Capital Of The World — Core Scientific&#8217;s Move To Buy Chips From Jack Dorsey Just The First Step In That Direction? CEO Gives Us His Take</a>
Why It Matters: El Salvador has been making significant strides in integrating Bitcoin into the mainstream ever since adopting it as legal tender in 2021. The country&#8217;s ambitious &#8216;Bitcoin City&#8217; project attracted a <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40330518/nayib-bukeles-bitcoin-city-project-in-el-salvador-attracts-1-6b-investment-from-turkey-bas">$1.6 billion investment</a> from a Turkey-based company, marking the largest private investment in the nation&#8217;s history.
In fact, El Salvador&#8217;s Ministry of Education has partnered with a non-profit organization <a href="https://www.benzinga.com/markets/cryptocurrency/23/09/34250187/bitcoin-to-become-core-subject-in-el-salvadorian-schools">to incorporate Bitcoin education into the public school curriculum</a> by 2024.
However, despite these efforts, the adoption of Bitcoin as a legal tender in the country <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40644084/el-salvador-president-nayib-bukele-says-bitcoin-uptake-hasnt-been-a-resounding-success-we-">hasn&#8217;t seen the expected widespread uptake</a>. President Nayib Bukele admitted recently that the results could have been better, but emphasized that the choice to use Bitcoin was left to the public.
Price Action: At the time of writing, Bitcoin was trading just below $59,176.16, up 1.59% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Photo Courtesy: Shutterstock.com
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Disclaimer:&nbsp;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.

$BTC

Nayib Bukele's El Salvador Is Mainstreaming Bitcoin By Putting The Price Where Everyone Can See It: 'Over The Next Year They'll All Watch…'

In an interaction with YouTuber Cleo Abram, Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg spoke about various subjects including the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41046013/metas-ai-breakthroughs-dominate-connect-event-as-analyst-highlights-affordable-mixe">company&#8217;s latest innovation</a>, the Orion AR Glasses.
What Happened: During the interview which was posted on YouTube last week, Zuckerberg described <a href="https://www.benzinga.com/news/24/09/41032461/meta-unveils-new-ai-features-quest-3s-llama-3-2-holographic-orion-glasses-at-connect-2024-we-are-get">the Orion AR</a> Glasses as the first-ever full holographic augmented reality glasses.
He said that the glasses are a result of a decade of research and development. They aim to miniaturize all the computing needed for glasses to project full holograms into the world.
When asked about the intention behind building such a gadget, the Meta CEO said that he believes that these glasses will be the next major computing platform.
See Also: <a href="https://www.benzinga.com/news/24/09/41061660/ex-microsoft-ceo-and-billionaire-steve-ballmer-says-he-gets-most-important-stuff-from-elon-musks-x-i?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Ex-Microsoft CEO And Billionaire Steve Ballmer Says He Gets &#8216;Most Important Stuff&#8217; From Elon Musk&#8217;s X: &#8216;I Wanna Know Straight From The Source&#8217;</a>
&#8220;I think that the trend in computing is it gets more ubiquitous, it gets more natural, and it just gets more social right, so you want to be able to interact with people in the world around you, and I think that this is probably going to be the next major platform after phones,&#8221; he stated.
While the Orion AR Glasses are currently in the prototype stage, Zuckerberg expressed hope that the next version will be a consumer product available to a wide audience.
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Why It Matters: The new Orion prototype AR Glasses were unveiled at the <a href="https://www.benzinga.com/news/24/09/41032461/meta-unveils-new-ai-features-quest-3s-llama-3-2-holographic-orion-glasses-at-connect-2024-we-are-get">Meta Connect 2024 event</a> last week.
Following the event, <a href="https://www.benzinga.com/news/24/09/41054106/meta-analysts-highlight-ai-vr-advances-see-growth-pushing-it-toward-apple-like-valuation">analysts re-rated Meta</a>, expressing increased confidence in Meta&#8217;s hardware and XR product roadmap.
They noted that the tech giant is at the forefront of a new computing platform and highlighted the possibility of Orion representing the next primary consumer computing platform.
When a user highlighted the stark difference between the praises today versus the criticism in 2022, the Meta CEO said that he remains focused on the long-term plan.
He also spoke about the importance of maintaining this perspective in the face of <a href="https://www.benzinga.com/news/24/09/41060160/mark-zuckerberg-basks-in-orion-praises-isnt-unnerved-by-past-critiques-youre-never-as-good-as-they-s">fluctuating market sentiment</a>: &#8220;You're never as good as they say when you're up, and you're never as bad as they say when you're down.&#8221;
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer: 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.

Mark Zuckerberg Says, Orion 'Is Probably Going To Be The Next Major Platform After Phones' — Meta's New AR Wearables Real-Life Tony Stark Glasses In The Making?

Changpeng Zhao, the founder and former CEO of the world&#8217;s biggest cryptocurrency exchange Binance, shared his reflections and plans following his release from prison after serving a four-month sentence
What Happened: On Sunday, Zhao, popularly referred to as CZ, expressed gratitude for his supporters who stood by him in his &#8220;darkest moments.&#8221;
&#8220;Let me chill for a bit. Then figure out the next steps. There are always more opportunities in the future than there were in the past,&#8221; the cryptocurrency mogul voiced optimism for the future.
CZ reiterated his commitment to blockchain technologies and decentralization, calling himself a &#8220;long-term investor who cares about impact, not returns.&#8221;
He also said that Giggle Academy, a&nbsp;nonprofit free online education platform, would continue to be his focus for the next few years. CZ added he would devote more time to charity and education in general.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">gm, the food taste so good&#8230; And what a luxury to be able to have more than one piece of fruit per day! I know some of you may have a lot of questions. I won&#39;t have all the answers. Let me chill for a bit. Then figure out the next steps. There are always more opportunities in… <a href="https://t.co/9hvgp8Bo97">https://t.co/9hvgp8Bo97</a>
&mdash; CZ &#x1f536; BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1840265403882152232?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41079308/from-binances-zhao-to-silk-roads-ulbricht-meet-the-crypto-moguls-who-amassed-272-years-of-">From Binance&#8217;s Zhao To Silk Road&#8217;s Ulbricht: Meet The Crypto Moguls Who Amassed 272 Years Of Prison Time</a>
The cryptocurrency magnate also revealed the status of his upcoming book. &#8220;About 2/3 done, I think. Writing a book is a lot more work than I anticipated, but will see this one through.&#8221; 
Last but not least, he acknowledged that Binance was doing well without him, deeming it &#8220;every founder&#8217;s dream!&#8221;
Why It Matters: CZ&#8217;s remarks followed his release from a four-month prison sentence <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38547115/ex-binance-ceo-changpeng-zhao-sees-crypto-industry-entering-new-phase">for anti-money laundering violations</a>. 
The sentencing stemmed from the DOJ&#8217;s investigation into CZ and Binance&#8217;s operations. CZ paid a $50 million fine and resigned as CEO of Binance in November 2023, bringing the multiyear probe to an end. The exchange also faced $4.3 billion in penalties.
CZ&#8217;s imprisonment made headlines as he was one of the wealthiest individuals to ever serve time in a U.S. federal prison. At the time of his sentencing, he was the <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40390329/who-is-the-wealthiest-person-to-ever-land-in-a-us-prison-his-crypto-connections-might-surp">34th richest person in the world</a>, with a net worth exceeding $40 billion.
Price Action: At the time of writing, the native currency of the Binance ecosystem, BNB (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>), was exchanging hands at $577.54, down nearly 4% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. 
Photo Courtesy: Wikimedia Commons
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$BNB

Changpeng 'CZ' Zhao's New Chapter After Release From Prison: Will Continue Investing In Blockchain, But First, 'Let Me Chill For A Bit'

Former President Donald J. Trump recently tweeted a prayer to Saint Michael the Archangel, adding a spiritual dimension to the intense political climate surrounding the 2024 elections.
What Happened: On Michaelmas, Trump posted a prayer to Saint Michael the Archangel on X: &#8220;Saint Michael the Archangel, defend us in battle. Be our defense against the wickedness and snares of the Devil.&#8221;
&#8220;May God rebuke him, we humbly pray, and do thou, O Prince of the heavenly hosts, by the power of God, cast into hell Satan, and all the evil spirits, who prowl about the world seeking the ruin of souls. Amen.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Saint Michael the Archangel, defend us in battle. Be our defense against the wickedness and snares of the Devil. May God rebuke him, we humbly pray, and do thou, O Prince of the heavenly hosts, by the power of God, cast into hell Satan, and all the evil spirits, who prowl about… <a href="https://t.co/Z3RoeGUslh">pic.twitter.com/Z3RoeGUslh</a>
&mdash; Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1840550305085141221?ref_src=twsrc%5Etfw">September 30, 2024</a></blockquote>
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Michaelmas, celebrated on September 29, is a Christian feast day honoring the Archangel Michael and all angels. Traditionally, it marks the end of the harvest season in Europe and serves as a reminder of spiritual strength and protection. In some cultures, it&#8217;s also linked to law and order, as it historically coincided with the start of legal and academic terms.
See Also: <a href="https://www.benzinga.com/news/24/09/41080239/mary-trump-says-there-are-much-much-worse-things-about-donald-trump-than-his-shameless-hucksterism?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mary Trump Says There Are Much, Much Worse Things About Donald Trump &#8216;Than His Shameless Hucksterism&#8217;</a>
Why It Matters: This spiritual appeal comes amidst a tight race between Trump and Vice President Kamala Harris in key battleground states, as reported by a recent <a href="https://www.benzinga.com/news/24/09/41082772/harris-vs-trump-new-polls-show-tight-race-in-battleground-states">New York Times/Siena College poll</a>. Trump&#8217;s post also aligns with his previous religious gestures, such as endorsing a version of the Bible for which he earned $300,000, as disclosed in his <a href="https://www.benzinga.com/news/24/08/40412973/trump-made-300k-from-bible-endorsement-over-500k-from-a-maga-journey-and-millions-from-book-royaltie">latest financial disclosure</a>.
Earlier this year, Trump shared a fan-made video portraying him as a <a href="https://www.benzinga.com/news/24/01/36526355/in-lead-up-to-2024-election-trump-shares-strange-fan-made-video-that-claims-god-gave-us-trump">divine leader</a> chosen to fight against &#8220;Marxists&#8221; and &#8220;fake news.&#8221; He also claimed to have <a href="https://www.benzinga.com/general/23/11/35967727/donald-trump-said-he-brought-back-the-phrase-merry-christmas-because-he-fought-the-woke-culture-that">reinstated</a> the phrase &#8220;Merry Christmas&#8221; during his presidency, in opposition to what he termed as &#8220;woke culture.&#8221;
Image via Shutterstock
Check This Out: 
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<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

General

Trump's Michaelmas Message Amid Tight Race With Kamala Harris: 'Cast Into Hell Satan, And All The Evil Spirits, Who Prowl About The World'

Kris Kristofferson, a trailblazing country music singer-songwriter and actor, passed away on Saturday at his home in Maui, Hawaii. He was 88 years old.
What Happened: Kristofferson&#8217;s family announced his passing in a heartfelt <a href="https://www.instagram.com/p/DAhI664SOgj/?utm_source=ig_web_copy_link">statement</a> on Instagram, saying he died peacefully surrounded by loved ones. The statement, released on behalf of his wife Lisa and his eight children, expressed gratitude for the time spent with him and the love he received over the years.
The Family of Kris Kristofferson, &#8220;asks for privacy during this time,&#8221; the statement read. 
Kristofferson&#8217;s career spanned decades, with notable achievements in both music and film. He penned numerous hit songs, including &#8220;Me and Bobby McGee,&#8221; and starred in films like &#8220;A Star Is Born.&#8221; His legacy includes three Grammy Awards and a Lifetime Achievement Award from the Recording Academy.
The chief executive for the Country Music Hall of Fame, Kyle Young, said: "Kris Kristofferson believed creativity is God-given, and those who ignore such a gift are doomed to unhappiness.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">"Kris Kristofferson believed creativity is God-given, and those who ignore such a gift are doomed to unhappiness. He preached that a life of the mind gives voice to the soul, and his work gave voice not only to his soul but to ours. He leaves a resounding legacy." —Kyle Young,… <a href="https://t.co/JMyZp6lJUr">pic.twitter.com/JMyZp6lJUr</a>
&mdash; Country Music Hall of Fame and Museum (@countrymusichof) <a href="https://twitter.com/countrymusichof/status/1840517759014236326?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/24/09/41080239/mary-trump-says-there-are-much-much-worse-things-about-donald-trump-than-his-shameless-hucksterism?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mary Trump Says There Are Much, Much Worse Things About Donald Trump &#8216;Than His Shameless Hucksterism&#8217;</a>
Why It Matters: His work has left an indelible mark on the industry, influencing countless artists and shaping the genre&#8217;s evolution. Kristofferson&#8217;s ability to blend poignant storytelling with soulful melodies set a new standard for country music, making his songs timeless classics.
Kristofferson&#8217;s impact extended beyond music. His acting career, highlighted by his role in &#8220;A Star Is Born,&#8221; showcased his versatility and broadened his influence in the entertainment world. His dedication to his craft and his ability to connect with audiences on multiple levels made him a beloved figure in both music and film.
The loss of Kristofferson is felt deeply within the music community, as he was not only a pioneer but also a mentor and inspiration to many. 
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Image Via Wikimedia Commons
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Entertainment

Kris Kristofferson Passes Away At 88, Country Music Icon Mourned By Family, Music Industry

Leading cryptocurrencies traded flat Sunday ahead of Federal Reserve Chair Jerome Powell's speech on the direction of interest rate cuts in the coming months.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:45 p.m. EDT)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-0.53%</td>
<td>$65,364.81</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.95%</td>
<td>$2,642.44</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-3.30%</td>
<td>$0.1235</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin spiked above $66,000 during the afternoon hours but started to descend as the evening progressed, falling as low as $65,121 overnight. Ethereum also encountered choppy behavior in the $2,600 region
Bitcoin gained more than 10% in September, its best performance in a month with a historical average loss of 3.47%. The rally has been broadly fueled by the <a href="https://www.benzinga.com/markets/equities/24/09/40965372/fed-delivers-large-interest-rate-cut-in-bid-to-sustain-labor-market-stocks-gold-set-new-record-h">central bank's aggressive 0.5% rate cut</a> earlier this month.
Total cryptocurrency liquidations exceeded $108 million in the last 24 hours, with long liquidations accounting for 60%.
The number of bearish bets for the cryptocurrency spiked dramatically vis à vis bullish long bets, according to the Long/Short Ratio.
The market sentiment continued to be one of "Greed," according to the popular Cryptocurrency Fear &amp; Greed Index.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:30 p.m. EDT)</td>
</tr>
<tr>
<td>FTX token (FTT)</td>
<td>+60.08%</td>
<td>$2.24</td>
</tr>
<tr>
<td>Mina (MINA)</td>
<td>+12.07%</td>
<td>$0.6071</td>
</tr>
<tr>
<td>Popcat (POPCAT)</td>
<td>+7.43%</td>
<td>$0.9885</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency stood at $2.29 trillion in the last 24 hours, following a marginal decrease of 0.77% in the last 24 hours.
Stock futures were little changed Sunday overnight. The Dow Jones Industrial Average Futures was up 0.06% at 9:15 p.m. EDT.&nbsp; Futures tied to the S&amp;P 500 gained 0.12%, while Nasdaq 100 Futures rose 0.15%.
Blue-chip indices clocked fresh highs Friday, well-positioned to end September on a positive note. The Dow Jones Industrial Average was up 1.8% month-to-date, while the broad-based index S&amp;P 500 gained 1.25%.&nbsp;
Investors would closely watch the unemployment data for September, slated to be released on Friday. Additionally, Fed Chair Jerome Powell's speech on Monday would provide clues on the monetary easing policy.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular on-chain analyst Ali Martinez issued a massively bullish long-term price projection for Bitcoin.
"Current price action is just noise! If Bitcoin is truly forming a cup-and-handle pattern, the long-term bullish target could range between $194,000 and $352,000!" the cryptocurrency expert said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Current price action is just noise! If <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is truly forming a cup-and-handle pattern, the long-term bullish target could range between $194,000 and $352,000! <a href="https://t.co/RCyafygEPn">pic.twitter.com/RCyafygEPn</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1840412216815681550?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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Martinez had earlier underscored that the final quarter typically witnesses much higher gains if King Crypto closes in the green in September. As of this writing, BTC was up more than 10% in the month.
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<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Current price action is just noise! If <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is truly forming a cup-and-handle pattern, the long-term bullish target could range between $194,000 and $352,000! <a href="https://t.co/RCyafygEPn">pic.twitter.com/RCyafygEPn</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1840412216815681550?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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Noted on-chain analytics firm Santiment stated that the market's expectations needed to be tempered for Bitcoin to hit new highs.
"There are currently 1.8 bullish posts toward BTC for every 1 bearish post. Markets historically always move in the opposite direction of the crowd&#8217;s expectations," the firm remarked.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f4ca; If you&#39;re awaiting Bitcoin&#39;s new all-time high, it may need to wait until the crowd slows down their own expectations. There are currently 1.8 bullish posts toward BTC for every 1 bearish post. Markets historically always move the opposite direction of crowd&#39;s expectations. <a href="https://t.co/ZxDxalgmzb">pic.twitter.com/ZxDxalgmzb</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1840196477127172139?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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Photo by Avi Rozen on Shutterstock
Read Next:    
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41081939/trump-wants-us-to-be-bitcoin-mining-capital-of-the-world-core-scientifics-move-to-buy-chip">Trump Wants US To Be Bitcoin Mining Capital Of The World — Core Scientific&#8217;s Move To Buy Chips From Jack Dorsey Just The First Step In That Direction? CEO Gives Us His Take</a></li>
</ul>

$DOGE

$ETH

Bitcoin, Ethereum Flat, Dogecoin Falls Ahead Of Fed Chair Jerome Powell's Speech: Price Target For King Crypto Could Be $194K-$352K, Says Top Analyst

&#8220;Shark Tank&#8221; fame Billionaire Mark Cuban has cautioned Elon Musk about the loyalty of Donald Trump, in response to Musk&#8217;s X supporting the ex-president&#8217;s re-election.
What Happened: On Sunday, Cuban took to X to respond to Musk&#8217;s post, which claimed that Trump&#8217;s re-election was the only way to save democracy. Musk had argued that the Democrats&#8217; immigration policies would lead to a one-party state, effectively ending democracy.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Classic case of projection. You're describing how you think about politics.
&mdash; David Sacks (@DavidSacks) <a href="https://twitter.com/DavidSacks/status/1840451576265429306?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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Cuban&#8217;s response was a stark warning to Musk, stating that Trump&#8217;s loyalty lies solely with himself. He highlighted Musk&#8217;s political support for Trump, including millions of dollars in donations, and suggested that Musk might be disappointed when he needs something from Trump in return.
&#8220;At the point you need him the most, you will find out what so many before you have learned, his loyalty is only to himself.&#8221;
Cuban&#8217;s comments got the attention of venture capitalist David Sacks, an investor in Musk&#8217;s X, who said, &#8220;Classic case of projection. You're describing how you think about politics.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Just the opposite. I haven't given a penny to a politician or PAC in over 20 years.
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1840482200615350309?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Cuban&#8217;s come back was that he hadn&#8217;t &#8220;given a penny to a politician or PAC in over 20 years.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/09/41080855/kim-jong-uns-sister-says-us-making-incredible-mistake-by-giving-8b-in-military-aid-to-ukraine-should?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Kim Jong Un&#8217;s Sister Says US Making &#8216;Incredible Mistake&#8217; By Giving $8B In Military Aid To Ukraine: &#8216;Shoul</a>
Why It Matters: Cuban&#8217;s post comes amid a contentious election season. Recent polls show a <a href="https://www.benzinga.com/news/24/09/41082772/harris-vs-trump-new-polls-show-tight-race-in-battleground-states">tight race</a> between Vice President Kamala Harris and Trump in key battleground states. Cuban has publicly endorsed Harris, comparing her rise in the polls to a new CEO&#8217;s success.
In a <a href="https://www.benzinga.com/startups/24/09/41082417/to-mark-cuban-theres-no-doubt-donald-trumps-billionaire-tech-backers-know-they-can-manipulate-him-be">recent interview</a>, Cuban expressed his belief that some of Silicon Valley&#8217;s wealthiest players, including Musk, support Trump because they believe they can control him. He stated, &#8220;I think they believe they can manipulate him.&#8221;
However, Cuban has also <a href="https://www.benzinga.com/news/24/09/40958452/mark-cuban-says-elon-musk-believes-hes-much-smarter-than-trump-reveals-the-intoxicating-reason-why-t">noted</a> that Musk believes he&#8217;s much smarter than Trump, suggesting a complex dynamic between the two billionaires.
Photo courtesy: Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Mark Cuban Warns Elon Musk That When The Time Comes He Needs Trump The Most He Will Find Out The Truth: 'His Loyalty Is Only To Himself'

SpaceX's Crew Dragon capsule successfully docked at the International Space Station on Sunday, NASA confirmed on X stating, &#8220;The official welcome!.&#8221;
What Happened: The capsule will bring back two Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) astronauts who have been stuck in space for months. Musk announced, &#8220;Dragon has reached,&#8221; tagging the ISS in his X post.
The spacecraft transported NASA astronaut Nick Hague and Roscosmos cosmonaut Aleksandr Gorbunov to the ISS for their five-month science mission. They will return with the stranded Boeing astronauts.
The Crew Dragon has two vacant seats for Butch Wilmore and Suni Williams, who will return to Earth in February. Initially planned for eight days, their mission was extended due to a malfunction of the Starliner capsule on Jun. 5.
The Starliner, on its maiden flight, experienced thruster failures and helium leaks, prompting NASA to return the capsule to <a href="https://www.benzinga.com/news/24/09/41080888/spacex-steps-in-to-rescue-stranded-nasa-astronauts-stuck-at-iss-due-to-boeing-starliners-issues-elon">Earth without the astronauts</a>.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Dragon has reached <a href="https://twitter.com/Space_Station?ref_src=twsrc%5Etfw">@Space_Station</a> <a href="https://t.co/p0kEkJklnK">https://t.co/p0kEkJklnK</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1840534659740115333?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The official welcome! The Expedition 72 crew welcomed <a href="https://twitter.com/hashtag/Crew9?src=hash&amp;ref_src=twsrc%5Etfw">#Crew9</a>, <a href="https://twitter.com/NASAAstronauts?ref_src=twsrc%5Etfw">@NASAAstronauts</a> Nick Hague, the Crew 9 commander and cosmonaut Aleksandr Gorbunov, the crew 9 mission specialist, after their flight aboard the <a href="https://twitter.com/SpaceX?ref_src=twsrc%5Etfw">@SpaceX</a> Dragon spacecraft. <a href="https://t.co/pOa8sTQWDo">pic.twitter.com/pOa8sTQWDo</a>
&mdash; NASA&#39;s Johnson Space Center (@NASA_Johnson) <a href="https://twitter.com/NASA_Johnson/status/1840540675919544704?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/09/41042433/elon-musks-x-suspends-5-3m-accounts-flags-10-6m-posts-in-first-transparency-report-amid-user-and-adv?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s X Suspends 5.3M Accounts, Flags 10.6M Posts In First Transparency Report Amid User And Advertiser Decline</a>
Why It Matters: The rescue mission by SpaceX underscores the ongoing challenges faced by Boeing in its space endeavors. SpaceX launched a half-filled Crew Dragon spaceship into orbit specifically to <a href="https://www.benzinga.com/news/24/09/41080888/spacex-steps-in-to-rescue-stranded-nasa-astronauts-stuck-at-iss-due-to-boeing-starliners-issues-elon">rescue the stranded astronauts</a>. Normally, the Crew Dragon is designed to transport four astronauts, but this mission was unique due to the safety issues with Boeing's Starliner.
This mission also comes amid a backdrop of tension between SpaceX and the Federal Aviation Administration. Musk recently called for the resignation of FAA chief Mike Whitaker, citing <a href="https://www.benzinga.com/news/24/09/41041586/spacex-ceo-elon-musk-calls-for-resignation-of-faa-administrator-mike-whitaker">mounting tensions between the federal agency</a> and SpaceX.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/09/40976555/elon-musk-shares-it-takes-multiple-fish-licenses-to-launch-a-rocket-i-dont-think-the-public-is-quite?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Shares It Takes &#8216;Multiple Fish Licenses&#8217; To Launch A Rocket: &#8216;I Don&#8217;t Think The Public Is Quite Aware Of The Madness That Goes On,&#8217; Says SpaceX CEO</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

SPACE

Elon Musk Confirms Crew Dragon's ISS Arrival — SpaceX Capsule To Rescue Stranded Boeing Astronauts, Crew 9 Gets Warm Welcome

Following significant lobbying from major tech companies, California Governor&nbsp;Gavin Newsom&nbsp;(D-Calif.) has <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40658481/elon-musk-backed-california-ai-safety-bill-sb-1047-has-57-chance-of-being-signed-by-gavin-">vetoed a bill</a> designed to regulate AI, citing concerns that it could stifle innovation.
What Happened: Newsom made his decision at the eleventh hour, after the bill had been passed by the state legislature in late August.
The proposed legislation, known as SB 1047, would have imposed stringent rules on the development of powerful AI models, including the implementation of a kill switch to prevent potential harm.
On Sunday, in a letter to the&nbsp;state senate, Newsom defended his&nbsp;veto of the Safe and&nbsp;Secure Innovation for Frontier Artificial Intelligence Systems Act.
He expressed concern that the proposed framework could limit innovation beneficial to the public good, noting that California is&nbsp;home to 32 of the&nbsp;world&#8217;s leading AI companies.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/41078848/openai-execs-feared-chatgpt-parent-would-collapse-after-departure-of-ilya-sutskever-tried-to-woo-him?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">OpenAI Execs Feared ChatGPT-Parent Would Collapse After Departure Of Ilya Sutskever, Tried To Woo Him Back And Almost Succeeded: Report</a>
&#8220;Let me be clear &#8211; I agree with the author &#8211; we cannot afford to wait for a major catastrophe to occur before taking action to protect the public,&#8221; he said in the letter, adding, &#8220;I do not agree, however, that to keep the public safe, we must settle for a solution that is not informed by an empirical trajectory analysis of Al systems and capabilities.&#8221;
&#8220;Ultimately, any framework for effectively regulating Al needs to keep pace with the technology itself,&#8221; Newsom stated.
Senator Scott Wiener&nbsp;(D-Calif.),&nbsp;the bill's author, called the veto a setback for those who support oversight of large corporations making key decisions that impact public safety and the planet&#8217;s future.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">My statement on the Governor's veto of SB 1047: <a href="https://t.co/SsuBvV2mMI">pic.twitter.com/SsuBvV2mMI</a>
&mdash; Senator Scott Wiener (@Scott_Wiener) <a href="https://twitter.com/Scott_Wiener/status/1840493325029404686?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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Why It Matters: Major AI companies, including&nbsp;Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google,&nbsp;ChatGPT-parent OpenAI, and&nbsp;Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), were against the bill.
They argued that premature regulation could hinder AI development and jeopardize <a href="https://www.benzinga.com/news/24/08/40618637/california-ai-safety-bill-that-got-thumbs-up-from-elon-musk-awaits-gavin-newsoms-signatures-amid-tec">California&#8217;s leading role</a> in the technology&#8217;s advancement.
However, Tesla and SpaceX CEO Elon Musk publicly <a href="https://www.benzinga.com/news/24/08/40567158/elon-musk-throws-weight-behind-california-ai-regulation-bill-even-as-openai-prefers-federal-regulati">endorsed the SB 1047 AI safety bill</a>, stating that it was a tough call but necessary for California.
AI startup Anthropic also supported the bill.
Interestingly, earlier in September, Newsom had <a href="https://www.benzinga.com/news/24/09/40912021/gavin-newsom-signs-laws-aimed-at-curbing-deepfakes-around-elections-critical-that-we-ensure-ai-is-no">signed three bills aimed at curbing</a> the use of AI in creating misleading images or videos in political advertisements, indicating his willingness to regulate AI in certain contexts.
Image via Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/news/24/09/41042433/elon-musks-x-suspends-5-3m-accounts-flags-10-6m-posts-in-first-transparency-report-amid-user-and-adv?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s X Suspends 5.3M Accounts, Flags 10.6M Posts In First Transparency Report Amid User And Advertiser Decline</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

GOOG

GOOGL

Gavin Newsom Vetoes Controversial AI Regulation Bill-Backed By Elon Musk: Framework Must 'Keep Pace With The Technology'

Sen. Lindsey Graham (R-S.C.) has taken to X to voice his concerns about the Biden-Harris administration&#8217;s handling of <a href="https://www.benzinga.com/news/24/09/41079860/israel-tightens-grip-hezbollah-leader-hassan-nasrallah-killed">escalating global tensions</a>.
What Happened: On Sunday, Lindsey Graham expressed his dissatisfaction with the current administration&#8217;s approach to international affairs. He said he wanted to know what the Democrat presidential candidate Kamala Harris was going to do in the upcoming four years.
He posted, &#8220;The world is on fire under the Biden-Harris Administration. I'd like to hear from Kamala how she is going to change things in the next four years.&#8221;
Graham shared a video of his appearance on CNN&#8217;s State of the Union and said that the administration doesn&#8217;t have a &#8220;clue&#8221; about the global state of affairs.
The world that Trump left us when he left office was mortgage rates below 3%, a secure border, peace agreements, no war anywhere. I would like to see her explain how she&#8217;s gonna change things when she&#8217;s been in charge for 4 years.&#8221;
&#8220;I&#8217;d like to know from her point of view what did happen in the Mid-East.&#8221; Graham then pointed to the conflicts in the Middle East and the ongoing Russia-Ukraine conflict.
He then had a suggestion for Republican presidential candidate Donald Trump. Graham invoked the humorist Edgar Nye&#8217;s reference to a river in the Midwest that has come to imply being shallow or lacking depth — &#8220;If you do debate her, &#8220;She&#8217;s a mile wide, and inch deep and you can prove that.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The world is on fire under the Biden-Harris Administration. I'd like to hear from Kamala how she is going to change things in the next four years. <a href="https://t.co/90VcUpcIof">pic.twitter.com/90VcUpcIof</a>
&mdash; Lindsey Graham (@LindseyGrahamSC) <a href="https://twitter.com/LindseyGrahamSC/status/1840535781137330366?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
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This post comes amidst a series of significant global events, including the death of Hezbollah leader Hassan Nasrallah in an Israeli airstrike, escalating hostilities between Israel and Hezbollah, and changes in Russia&#8217;s nuclear policy.
See Also: <a href="https://www.benzinga.com/news/24/09/41080258/while-trump-launches-100k-luxury-watch-wife-melania-trump-talks-about-rising-inflation-the-country-i?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">While Trump Launches $100K Luxury Watch, Wife Melania Trump Talks About Rising Inflation: &#8216;The Country Is Suffering, People Not Able To Buy Necessities For Their Families&#8217;</a>
Why It Matters: The recent Israeli airstrike that led to the death of Hezbollah&#8217;s leader Hassan Nasrallah has heightened tensions in the Middle East. Reports indicate that the Israeli military used 2,000-pound bombs in the attack, leading to concerns about the potential for a full-scale war.
The United States has cautioned Israel against escalating hostilities with Hezbollah, urging diplomatic solutions instead. Despite this, the situation continues to escalate, with the <a href="https://www.benzinga.com/news/24/09/40977597/us-warns-israel-against-opening-a-full-blown-war-against-hezbollah-as-air-strikes-kill-30-in-lebanon">U.S. warning Israel</a> against a full-blown war.
Adding to the global tension, Russia has announced <a href="https://www.benzinga.com/news/24/09/41049192/russia-adjusts-nuclear-policy-sends-signal-that-warns-about-the-consequences-of-wests-interference-i">changes to its nuclear weapons policy</a>, signaling potential consequences for Western nations involved in attacks on Russia. This move is seen as a response to discussions in the U.S. and Britain about allowing Ukraine to use Western missiles against Russia.
Earlier, Senator Graham had called for a <a href="https://www.benzinga.com/news/24/09/40973072/lindsey-graham-says-either-saudi-arabia-recogonizes-israel-or-tel-aviv-targets-tehran-we-need-game-c">new approach to Middle East policy</a>, advocating for either a "game changing peace" or a "game changing military strategy." His recent post on X seems to echo these sentiments, highlighting his concerns about the current administration&#8217;s handling of these global issues.
Image via Flickr/ Gage Skidmore
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Lindsey Graham On Escalating Global Situation: 'The World Is On Fire Under The Biden-Harris Administration'

Michael Meehan, CEO of strategic communications and political consulting firm Squared Communications, voiced skepticism about former President Donald Trump&#8217;s likelihood of securing the popular vote in the forthcoming election.
What Happened: Meehan, a Democrat, was queried about Trump&#8217;s present standing in the polls. The polls suggest a close contest but favorable indications for Vice President Kamala Harris. Meehan, when asked about the possibility of Trump surprising pollsters in the election and winning the popular majority vote, responded with a firm &#8220;Absolutely not,&#8221; <a href="https://thehill.com/homenews/campaign/4905890-michael-meehan-donald-trump-not-win-popular-vote/">reported</a> The Hill.
Meehan further opined that Trump has hit a popularity ceiling. With less than 40 days to the election, recent polls show Harris holding a 7-point lead over Trump nationally and a slight lead in six crucial battleground states.
Despite pollsters&#8217; warnings about the race&#8217;s closeness, Meehan contended that Trump is &#8220;polling better than he&#8217;s running.&#8221; The Hill/Decision Desk HQ&#8217;s national polls aggregation gives Harris a 4.2 percentage point lead over Trump.
See Also: <a href="https://www.benzinga.com/general/politics/24/09/41079936/shaq-called-trump-a-straight-up-guy-before-presidency-i-think-he-just-says-it-wrong-but-did-the-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Shaq Called Trump &#8216;A Straight-Up Guy&#8217; Before Presidency, &#8216;I Think He Just Says It Wrong&#8217; – But Did The NBA Legend Actually Vote For Trump In 2016?</a>
Why It Matters: The upcoming election has been <a href="https://www.benzinga.com/news/24/09/41082772/harris-vs-trump-new-polls-show-tight-race-in-battleground-states">characterized as a nail-biter</a>, with recent polls revealing a tight race between Vice President Harris and former President Trump in key battleground states.
Furthermore, Harris has seen a <a href="https://www.benzinga.com/news/24/09/41080153/trump-vs-harris-this-candidate-skyrockets-in-election-forecast-poised-to-secure-victory-in-four-swin">significant boost</a> in her election prospects. The Economist&#8217;s latest election forecast shows Harris with a 3 in 5 chance of securing the Electoral College in November, compared to Trump&#8217;s 2 in 5 chance.
Notably, data analyst Nate Silver&#8217;s election forecast shows Harris with a <a href="https://www.benzinga.com/news/24/09/40969781/nate-silvers-forecast-kamala-harris-retakes-lead-over-donald-trump">better chance</a> of winning the presidency than Trump for the first time since August 28.
Image via Shutterstock
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Trump's Chances Of Winning Popular Vote Slim, Says CEO Of Political Consulting Firm Squared Communications

Former Maryland Governor Larry Hogan (R) has publicly condemned former President Donald Trump for his disparaging remarks about Vice President Kamala Harris.
What Happened: During a Sunday <a href="https://www.cbsnews.com/news/larry-hogan-former-maryland-governor-face-the-nation-09-29-2024/">interview</a> with CBS News, Hogan labeled Trump&#8217;s comments on Harris&#8217; mental competence as &#8220;outrageous and unacceptable.&#8221; 
&#8220;I&#8217;ve already called him out when he had the one interview where he was questioning her racial identity, and now he&#8217;s questioning her mental competence.&#8221;
Hogan, a moderate Republican Senate candidate, stated that such remarks are not only an affront to the Vice President but also to individuals with mental disabilities.
Over the weekend, at a Wisconsin rally, Trump had targeted Harris, labeling her as mentally impaired. He implied that if a Republican had behaved as she did, they would be impeached for high crimes and misdemeanors.
Hogan views Trump&#8217;s attack as indicative of a broader problem in politics and Washington. He voiced his concern over the continuing toxic and divisive politics, which he believes people are tired of.
&#8220;I&#8217;ve said for years that Trump&#8217;s divisive rhetoric is something that we could do without. I think he&#8217;s his own worst enemy. &#8220;
See Also: <a href="https://www.benzinga.com/news/24/09/41067075/elon-musk-reacts-after-joe-rogan-warns-about-threat-to-first-amendment-if-kamala-harris-becomes-pres?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Joe Rogan Warns About Threat To First Amendment If Kamala Harris Becomes President: &#8216;Absolutely Right&#8217;</a>
Why It Matters: This incident is not the first time Trump has made derogatory comments about Harris. Earlier in August, Trump launched a <a href="https://www.benzinga.com/news/24/08/40409112/trump-says-hes-entitled-to-attack-kamala-harris-notes-she-called-him-weird-i-have-to-do-it-my-way">series of criticisms</a> against Harris, associating her with the inflation issues that have arisen during President Joe Biden's tenure.
Trump&#8217;s strategy of attacking Harris has raised concerns among Republicans ahead of the 2024 presidential election. Some GOP strategists and donors believe that Trump&#8217;s <a href="https://www.benzinga.com/24/08/40622610/gop-donors-strategists-raise-concerns-over-trumps-strategy-against-kamala-harris-if-he-continues-dow">attacks on Harris have been ineffective</a> and could potentially harm his chances of regaining momentum.
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Larry Hogan Says Trump Questioning Kamala Harris' Intelligence 'Outrageous And Unacceptable': He Is His Own 'Worst Enemy'

<a href="https://about.netflix.com/en/news/hitoshi-one-signs-exclusive-partnership" title="https://about.netflix.com/en/news/hitoshi-one-signs-exclusive-partnership">https://about.netflix.com/en/news/hitoshi-one-signs-exclusive-partnership</a>

Contracts

NFLX

Netflix Inks Exclusive Five-Year Partnership with Japanese Director Hitoshi One

<a href="https://www.wsj.com/health/healthcare/glenview-capital-plans-push-for-changes-at-cvs-5df8aa8a?mod=hp_lead_pos4" title="https://www.wsj.com/health/healthcare/glenview-capital-plans-push-for-changes-at-cvs-5df8aa8a?mod=hp_lead_pos4">https://www.wsj.com/health/healthcare/glenview-capital-plans-push-for-changes-at-cvs-5df8aa8a?mod=hp_lead_pos4</a>

Hedge Funds

Management

Insider Trades

The Wall Street Journal Reported Earlier, Investor Glenview Capital Plans Push For Changes At CVS Health; Meeting With Top CVS Executives On Monday To Propose Operational Improvements

In 1988, a curious incident at a Wendy&#8217;s in South Milwaukee highlighted the unexpected post-NBA life of Junior Bridgeman, a former professional basketball player who had a successful career with the Milwaukee Bucks and briefly with the Los Angeles Clippers.
A woman, after being served by Bridgeman at the counter, mistakenly believed he was working a regular job post-retirement, lamenting on a local radio station about the presumed financial struggles of former NBA players.
The scene perfectly encapsulated the public&#8217;s misconceptions about the financial stability of professional athletes after retirement. Bridgeman, however, was not just an employee but the owner of that Wendy&#8217;s franchise — one of the many he owned across the city, <a href="https://www.espn.in/nba/story/_/id/40625836/how-nba-sixth-man-built-600m-empire">reports</a> ESPN.
Despite his modest NBA earnings, which totalled about $2.95 million over 12 seasons, Bridgeman successfully transitioned to a savvy businessman, building a fast-food empire of over 450 restaurants at its peak. 
His business acumen didn&#8217;t stop there. He expanded into becoming a Coca-Cola bottling distributor and acquiring prominent publications such as Ebony and Jet magazines.
His net worth, nearly $600 million, ranks him among the wealthiest NBA players, trailing only behind icons like Michael Jordan, Magic Johnson, and LeBron James.
Also Read: <a href="https://www.benzinga.com/news/24/08/40666713/mark-cubans-nba-strategy-for-klay-thompson-with-mavericks-obviously-the-big-addition-was-klay-hopefu">Mark Cuban&#8217;s NBA Strategy for Klay Thompson With Mavericks: &#8216;Obviously The Big Addition Was Klay, Hopefully His Life Is Going To Be A Lot Easier&#8217;</a>
Bridgeman&#8217;s journey from basketball to business is not just a story of financial success but also one of mentorship and community contribution. 
From his early days, he was acutely aware of the financial pitfalls that many athletes face, which is why he has dedicated a significant part of his post-NBA life to educating current players about financial responsibility. His efforts include formal and informal talks with NBA rookies and veterans, emphasizing the importance of financial literacy, especially with the league&#8217;s salary cap expected to increase substantially due to a new $76.4 billion media rights deal.
Despite never being a marquee NBA star, Bridgeman&#8217;s legacy might be equally significant off the court, demonstrating the potential for athletes to achieve financial stability and impact beyond their sports careers. 
His story is a testament to the power of education, savvy investment, and the pursuit of opportunities beyond the athletic field.
Read Next
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Sports

From NBA Courts To Restaurant Fortune: Here's How An NBA Sixth Man Built A $600M Empire

In a recent interview, OpenAI CEO Sam Altman dismissed the notion that artificial intelligence (AI) will lead to widespread unemployment, instead urging students to embrace and learn the technology.
What Happened: Altman expressed his belief that while certain jobs may evolve, there will continue to be ample opportunities. He encouraged students concerned about AI replacing their jobs to focus on learning to use the technology, a strategy he personally found successful with computer programming.
According to the report <a href="https://www.businessinsider.com/ai-wont-take-as-many-jobs-as-feared-altman-2024-9">by</a> Business Insider, Altman&#8217;s optimistic perspective contrasts sharply with that of Silicon Valley investor Vinod Khosla, who has predicted that AI could replace 80% of the tasks in 80% of jobs. Khosla cautioned that unlike previous technological shifts, workers may not be able to simply upgrade their skills to avoid job losses.
However, a recent study by Indeed identified over 2,800 work skills and concluded that none of them were &#8220;very likely&#8221; to be replaced by AI. 
Indeed&#8217;s chief economist, Svenja Gudell, acknowledged that some individuals could lose their jobs due to technological advancements, but emphasized that current AI technology is not capable of replacing humans in roles such as warehouse work.
Also Read: <a href="https://www.benzinga.com/news/24/05/38633003/openai-ceo-sam-altman-shares-what-killer-app-for-ai-would-look-like-says-chatgpt-is-incredibly-dumb">OpenAI CEO Sam Altman Shares What Killer App For AI Would Look Like, Says ChatGPT Is &#8216;Incredibly Dumb&#8217; Compared To What&#8217;s Coming Next</a>
Despite concerns about an AI-induced job apocalypse, it appears that people are taking Altman&#8217;s advice and investing in tech education. Code Ninjas, a company that teaches software engineering to children, plans to add 200 locations to its existing 350 due to strong demand.
Why It Matters: The debate over AI&#8217;s impact on employment continues to be a hot topic. While some, like Khosla, predict significant job losses, others, like Altman, see it as an opportunity for workers to adapt and learn new skills. 
This ongoing discussion underscores the importance of education and training in navigating the evolving job market. 
The expansion of companies like Code Ninjas indicates a growing demand for tech education, suggesting that many are choosing to embrace, rather than fear, the rise of AI.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Sam Altman Dismisses AI Job Threat, Urges Next Generation To Embrace The Technology

The upcoming election is shaping up to be a nail-biter, with recent polls revealing a tight race between Vice President Kamala Harris and former President <a href="https://www.benzinga.com/news/24/09/40869086/trump-vs-harris-new-poll-reveals-post-debate-swing-towards-this-candidate-in-key-state">Donald Trump in key battleground states</a>.
What Happened: According to a New York Times/Siena College <a href="https://www.nytimes.com/interactive/2024/09/28/us/elections/times-siena-rust-belt-crosstabs.html?smid=nytcore-ios-share&amp;referringSource=articleShare">poll</a> released on Saturday, Harris and Trump almost evenly matched among likely voters in Michigan, with Harris at 48% and Trump at 47%.
The Vice President also holds a slight edge in Wisconsin, leading Trump 49% to 47%. However, Trump is ahead in Ohio, leading Harris 50% to 44%.
Two Fox News polls of likely voters in Pennsylvania and North Carolina published on Friday echoed these findings. In Pennsylvania, both candidates are tied at 49%, while in North Carolina, Trump has a narrow lead over Harris, 50% to 49%.
Interestingly, Trump&#8217;s influence doesn&#8217;t appear to extend down the ballot. The NYT/Siena poll reveals that three Trump-endorsed Republican challengers are trailing Democratic incumbents in key Senate races in Wisconsin, Michigan, and Ohio.
Also Read: <a href="https://www.benzinga.com/news/24/09/41080153/trump-vs-harris-this-candidate-skyrockets-in-election-forecast-poised-to-secure-victory-in-four-swin">Trump Vs Harris: This Candidate Skyrockets in Election Forecast, Poised To Secure Victory In Four Swing States</a>
These polls were conducted after a politically charged summer, marked by President Joe Biden&#8217;s withdrawal from the race and several alleged assassination attempts on Trump. The next significant event on the political calendar is the vice presidential debate scheduled for October 1.
Why It Matters: The tight race in these battleground states underscores the high stakes of the upcoming election. The results in these states could very well determine the outcome of the election. 
The fact that Trump&#8217;s influence doesn&#8217;t seem to extend to other Republican candidates suggests that voters may be distinguishing between the former President and the broader Republican party. 
This could have significant implications for the balance of power in the Senate.
Read Next
<a href="https://www.benzinga.com/news/24/08/40667209/trump-vs-harris-new-polls-reveal-this-candidate-is-outperforming-in-swing-states" target="_blank" rel="noreferrer noopener">Trump Vs Harris: New Polls Reveal This Candidate Is Outperforming In Swing States</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 Vs Trump: New Polls Show Tight Race In Battleground States

In the face of a contentious U.S. presidential election, changing Federal Reserve policies, and potential recession threats, U.S. stocks have <a href="https://www.benzinga.com/news/24/08/40429580/kamala-harris-and-donald-trump-push-economic-agendas-as-election-nears">shown resilience and growth</a>.
What Happened: The S&amp;P 500 Index has recorded its third successive week of gains, with a 5.1% increase in the third quarter, marking its best start to a year since 1997. The index&#8217;s market capitalization has also crossed the $50 trillion milestone for the first time.
Surprisingly, these gains were not significantly driven by Big Tech companies. The Nasdaq 100 Index saw a modest 1.7% increase for the quarter, while the equal-weight version of the S&amp;P 500 surged nearly 9%, <a href="https://www.bloomberg.com/news/articles/2024-09-29/traders-blow-off-us-election-risks-as-stocks-race-into-october?srnd=homepage-americas&amp;sref=TBDibEcD">reports</a> Bloomberg.
Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, expressed her bullish outlook on stocks, predicting the S&amp;P 500 to end this year at 6,000, a roughly 4.6% increase from Friday&#8217;s close.
This optimism is echoed by trading data from Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), which reveals a threefold increase in bets on information technology stocks rising than falling.
Also Read: <a href="https://www.benzinga.com/news/24/09/41080258/while-trump-launches-100k-luxury-watch-wife-melania-trump-talks-about-rising-inflation-the-country-i">While Trump Launches $100K Luxury Watch, Wife Melania Trump Talks About Rising Inflation: &#8216;The Country Is Suffering, People Not Able To Buy Necessities For Their Families&#8217;</a>
However, concerns persist. The Fed is striving to orchestrate a soft landing following a period of swift inflation and aggressive rate hikes, and the likelihood of a recession in the next 12 months remains high, according to the New York Fed.
Despite these risks, the consensus expectations are for steady economic growth. The Atlanta Fed&#8217;s GDPNow model forecasts real gross domestic product to rise at a 3.1% annual rate in the third quarter, up from 3% in the second quarter.
Why It Matters: Investors are now shifting their focus to the coming weeks, which will bring crucial jobs reports, a wave of earnings from major US companies, the US presidential election on Nov. 5, and the Fed&#8217;s next interest-rate decision on Nov. 7. These events will undoubtedly influence the market&#8217;s trajectory and investor sentiment in the near term.
Read Next
<a href="https://www.benzinga.com/news/24/09/41080239/mary-trump-says-there-are-much-much-worse-things-about-donald-trump-than-his-shameless-hucksterism">Mary Trump Says There Are Much, Much Worse Things About Donald Trump &#8216;Than His Shameless Hucksterism&#8217;</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.

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Press Releases

Trip.com Group Filed 2023 Annual Report on Form 20-F

Trip.com Group Limited to Report First Quarter of 2024 Financial Results on May 20, 2024 U.S. Time

Earnings

Trip.com Group Limited Reports Unaudited First Quarter of 2024 Financial Results

Trip.com Group to Hold Annual General Meeting on June 18, 2024

Trip.com Group Limited Announces Proposed Offering of US$1.3 Billion Cash-par Settled Convertible Senior Notes

Offerings

Trip.com Group Limited Announces Pricing of Offering of US$1.3 Billion Cash-par Settled Convertible Senior Notes

Trip.com Group Limited Announces Completion of Offering of US$1.5 Billion Cash-par Settled Convertible Senior Notes

Trip.com Group Limited to Report Second Quarter and First Half of 2024 Financial Results on August 26, 2024 U.S. Time

Trip.com Group Limited Reports Unaudited Second Quarter and First Half of 2024 Financial Results

Trip.com Group Highlights Golden Week 2024 Travel Shifts: Chinese Tourists Explore Beyond Capitals and Lesser-Known Options

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