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Viking Holdings

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.

Viking Holdings Ltd

VIKASA SPAC Series I Acquisition Corp

VIKING THERAPEUTICS ORD

Viking Energy Group Inc

Viking Line Abp

Viking Therapeutics Inc

The past week was buzzing with tech news, with a major focus on the rapid expansion of AI and its implications. From the &#8220;mind-blowing&#8221; demand for AI power to the &#8220;awakening of AI&#8221; led by ChatGPT, the tech world is witnessing a significant shift. Here are the key stories that made headlines.
Oklo CEO Highlights &#8216;Mind-Blowing&#8217; Demand For AI Power
Co-founder and CEO of Oklo Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>), Jacob DeWitte, expressed his optimism about the future of nuclear power startups in the tech industry. He believes that Alphabet Inc.'s nuclear deal with Kairos Power is just the beginning of a series of collaborations between nuclear power startups and big tech companies. DeWitte highlighted the staggering demand for nuclear power driven by the rapid expansion of AI.
<a href="https://www.benzinga.com/news/24/10/41343639/oklo-ceo-highlights-mind-blowing-demand-for-ai-power-says-googles-nuclear-deal-only-tip-of-the-icebe">Read the full article here.</a>
Nvidia&#8217;s Jensen Huang Praises OpenAI
In a recent podcast, Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang lauded OpenAI as one of the most influential companies of today's era. Despite several high-profile departures, OpenAI recently raised $6.6 billion at a $157 billion valuation.
<a href="https://www.benzinga.com/news/24/10/41309060/nvidias-jensen-huang-says-chatgpt-led-to-awakening-of-ai-praises-sam-altmans-openai-as-one-of-most-c">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/news/24/09/40974511/iphone-15-pro-models-and-iphone-13-discontinued-by-apple-heres-why?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">iPhone 15 Pro Models and iPhone 13 Discontinued By Apple: Here&#8217;s Why</a>
Tesla&#8217;s Optimus Robots Assisted by Humans
During the recent &#8220;We, Robot&#8221; event, Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) showcased its humanoid robot, Optimus. However, a Bloomberg report revealed that humans were remotely assisting the Optimus robot prototypes with some functions.
<a href="https://www.benzinga.com/news/24/10/41321567/teslas-optimus-robots-were-remotely-assisted-by-humans-at-we-robot-event">Read the full article here.</a>
Nvidia CEO Praises Elon Musk&#8217;s xAI Achievement
Nvidia CEO Huang praised Musk for his achievement with xAI, stating that Musk achieved something with xAI in 19 days which usually takes at least a year. Huang shared his thoughts during an episode of the Bg2 Pod.
<a href="https://www.benzinga.com/news/24/10/41307824/nvidia-ceo-jensen-huang-praises-elon-musk-for-achieving-something-with-xai-in-19-days-that-usually-t">Read the full article here.</a>
Amazon Strikes at Nvidia&#8217;s Stronghold Through Databricks Deal
Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) has signed a five-year deal with data and AI startup Databricks. The deal centers around Amazon's Trainium AI chips, which offer a less expensive alternative to Nvidia Corp's popular GPUs for companies looking to customize or build their AI models.
<a href="https://www.benzinga.com/news/24/10/41337034/amazon-strikes-at-nvidias-stronghold-through-databricks-deal-cutting-ai-costs-by-40">Read the full article here.</a>
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41375934/meta-confirms-layoffs-across-instagram-whatsapp-and-reality-labs-amid-strategic-reshuffle?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Meta Confirms Layoffs Across Instagram, WhatsApp And Reality Labs Amid Strategic Reshuffle</a></li>
</ul>
Photo courtesy: 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/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

News

Tech

AMZN

NVDA

OKLO

TSLA

AI Power Demand Skyrockets, Nvidia CEO Lauds OpenAI, And Tesla's Optimus Robots Assisted By Humans: This Week In AI

During a rally in Detroit, Donald Trump greeted a packed audience after a 17-minute audio malfunction <a href="https://www.benzinga.com/general/politics/24/10/41365306/trump-to-ask-would-you-like-fries-with-that-mcdonalds-fry-cook-stint-included-in-swing-state-cam" target="_blank" rel="noreferrer noopener">prevented him from speaking</a>.
This incident marked the second time a week that a Trump rally faced disruption, a notable concern as the campaign against Vice President Kamala Harris enters its final days, <a href="https://www.nbcnews.com/politics/2024-election/trumps-detroit-rally-beset-audio-problems-rcna176201" target="_blank" rel="noreferrer noopener">reported</a> NBC News.
Recent polling suggests the race is tightly contested, making these missteps particularly impactful.
During the audio outage, Trump roamed the stage, interacting with technical staff and attendees, but refrained from mingling with the crowd. When the sound was restored, he did not hold back his frustration.
&#8220;I won&#8217;t pay the bill for this stupid company,&#8221; he declared, blaming the unnamed audio provider for the disruption, NBC News added.
He further threatened, &#8220;If it goes out again, I&#8217;ll sue the a&#8211; off that company.&#8221;
Also Read: <a target="_blank" href="https://www.benzinga.com/general/politics/24/10/41416506/harris-clings-to-narrow-national-lead-as-trump-gains-ground" rel="noreferrer noopener">Harris Clings To Narrow National Lead As Trump Gains Ground</a>
Despite the setback, the rally continued for another hour. However, Trump struggled to shake off the initial audio problems, lamenting that he had to &#8220;scream&#8221; to make himself heard, even after the system was back up and running.
In a lighter moment, Trump jokingly expressed his desire for Michigan Republican Senate nominee Mike Rogers to join him on stage, but quipped that he didn&#8217;t want Rogers to speak from the &#8220;crappy&#8221; microphone. Ultimately, Rogers did not make an appearance alongside Trump.
As the campaign enters its final weeks, these audio failures serve as a reminder of the challenges faced on the trail, especially in such a crucial political landscape.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/10/41347642/harris-vs-trump-vice-president-holds-lead-in-2024-election-poll-but-former-president-is-closing-" target="_blank" rel="noreferrer noopener">Harris Vs. Trump: Vice President Holds Lead In 2024 Election Poll, But Former President Is Closing The Gap</a></li>
</ul>

Politics

Markets

Media

General

Trump's Rally Hits a Sour Note: Audio Woes And Frustrations In Detroit

The past week has been a rollercoaster for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). The tech giant made headlines with its decision to abandon its self-driving car project, the revelation of a secret partnership with Chinese EV manufacturer BYD, and record-breaking iPhone sales. Let&#8217;s dive into the details of these stories.
Apple Abandons Autonomous Vehicle Project
Apple has officially terminated its self-driving vehicle testing permit in California, following its earlier decision to abandon its electric vehicle project. The California Department of Motor Vehicles confirmed that Apple requested the cancellation on Sept. 25, with the permit officially ending on Sept. 27. This move aligns with previous reports indicating Apple&#8217;s retreat from the electric vehicle market after a decade-long effort.
<a href="https://www.benzinga.com/news/24/10/41309072/apple-poured-1b-a-year-into-its-car-project-before-abandoning-it-tim-cooks-company-now-pulls-plug-on">Read the full article here.</a>
Apple&#8217;s Secret Partnership with BYD
In a surprising revelation, it was reported that Apple had a secret partnership with Chinese electric vehicle manufacturer BYD to create long-range electric vehicle batteries. The partnership, which started in 2017, aimed to develop a battery system using lithium iron phosphate cells. While Apple does not own any technology used in BYD's current Blade batteries, this development proves Cupertino&#8217;s efforts to produce a car.
<a href="https://www.benzinga.com/news/24/10/41372383/apple-had-a-hush-hush-relationship-with-teslas-chinese-rival-byd-for-now-abandoned-car-plans-cuperti">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/general/entertainment/24/10/41352155/elon-musk-applauds-spotify-after-streaming-giant-reveals-its-audiobook-catalog-has-doubled-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Applauds Spotify After Streaming Giant Reveals Its Audiobook Catalog Has Doubled To 300K Titles</a>
Record-Breaking iPhone Sales
Apple set a new sales record for its iPhone during the third quarter of 2024, coinciding with a broader recovery in the global smartphone market. According to Canalys, Apple's iPhone sales were narrowly edged out by Samsung Electronics Co. Ltd., with both tech giants capturing an 18% market share.
<a href="https://www.benzinga.com/markets/equities/24/10/41328252/apples-iphone-16-powers-record-sales-in-q3-just-behind-samsung-in-global-market-share-battle">Read the full article here.</a>
Apple&#8217;s Low-Cost Vision Pro
Apple is reportedly ramping up its efforts to compete with Meta Platforms Inc. The iPhone maker&#8217;s discounted version of the first-generation mixed-reality headset, Vision Pro, could be ready by next year. Over the weekend, it was reported that Apple's Vision Pro team is working on at least four new devices that address current criticisms.
<a href="https://www.benzinga.com/news/24/10/41306527/apples-low-cost-vision-pro-could-hit-the-shelves-next-year-everything-you-need-to-know-about-iphone">Read the full article here.</a>
Apple&#8217;s Inventory Shortage
Apple is reportedly experiencing a shortage in inventory for several of its products, leading to speculation about the imminent launch of new models. Retail inventory for several Apple products, including iMacs, MacBook Pros, Mac minis, iPad minis, and their accessories, is running low. Such inventory shortages are often indicative of a company preparing to introduce updated versions of its products.
<a href="https://www.benzinga.com/24/10/41322912/apple-to-launch-new-macbooks-pro-ipad-minis-and-imacs-analyst-says-inventory-dwindling-for-these-giz">Read the full article here.</a>
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41399757/meta-employee-making-400k-a-year-says-they-were-fired-after-using-25-dinner-credit-to-buy-toothpaste">Meta Employee Making $400K A Year Says They Were Fired After Using $25 Dinner Credit To Buy Toothpaste</a></li>
</ul>
Photo courtesy: Unsplash
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/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

AAPL

Apple's Week In Review: From Termining Self-Driving Car Permit To Setting iPhone Sales Records

This week was a whirlwind of financial news, with billionaires clashing over political policies, renowned investors offering advice to world leaders, and economists warning against potential economic pitfalls. Let&#8217;s dive into the top stories that made headlines.
Mark Cuban And Bill Ackman Lock Horns Over Harris&#8217; Tax Proposal
Mark Cuban&nbsp;and&nbsp;Bill Ackman&nbsp;found themselves at odds over Democratic presidential candidate Kamala Harris&#8216; tax proposal for startups. Ackman, a staunch supporter of Donald Trump, labeled Harris&#8217; proposal as &#8220;extremely misleading,&#8221; sparking a heated exchange with Cuban.
<a href="https://www.benzinga.com/government/24/10/41308384/mark-cuban-clashes-with-bill-ackman-after-billionaire-fund-manager-calls-kamala-harris-startup-tax-d">Read the full article here.</a>
Ray Dalio&#8217;s Strategy For China&#8217;s Debt Crisis
Billionaire investor&nbsp;Ray Dalio&nbsp;has urged China to adopt a &#8220;beautiful deleveraging&#8221; strategy to prevent a looming debt crisis. Dalio believes that China&#8217;s recent stimulus measures should be balanced with debt restructuring, money printing, and debt monetization.
<a href="https://www.benzinga.com/markets/asia/24/10/41399024/billionaire-investor-ray-dalio-urges-xi-jinpings-china-to-implement-this-to-prevent-debt-crisis-they">Read the full article here.</a>
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41397978/hedge-fund-billionaire-daniel-loeb-bets-on-trump-win-singles-out-this-recent-buy-as?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Hedge Fund Billionaire Daniel Loeb Bets On Trump Win, Singles Out This Recent Buy As Having &#8216;Significant Upside Potential&#8217;</a>
Paul Krugman&#8217;s Warning On Trump&#8217;s Tariff Plan
Nobel laureate&nbsp;Paul Krugman&nbsp;has warned that former President Donald Trump&#8217;s proposed tariff plan could set back economic progress by 90 years and potentially ignite global conflict. Trump&#8217;s suggestion of tariffs as high as 20%, including a 60% tariff on imports from China, has been met with widespread opposition from economists.
<a href="https://www.benzinga.com/news/24/10/41395812/paul-krugman-warns-trumps-tariff-plan-could-rewind-economic-progress-90-years-and-ignite-global-conf">Read the full article here.</a>
Former FDIC Chief&#8217;s Warning To Federal Reserve
Former FDIC Chief&nbsp;Sheila Bair&nbsp;has expressed concern over the Federal Reserve&#8217;s potential rate cuts amidst a thriving economy. Despite positive economic indicators, the Federal Reserve, led by Chair Jerome Powell, is considering further rate cuts to stimulate a perceived cooling labor market.
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41376158/former-fdic-chief-warns-federal-reserve-to-not-stir-the-pot-with-further-rate-cuts-">Read the full article here.</a>
Trump&#8217;s Potential Federal Reserve Pick Defends Rate Cuts
Kevin Hassett, Donald Trump&#8217;s potential nominee for the Federal Reserve, has defended the central bank&#8217;s recent interest rate reduction, despite Trump&#8217;s criticism. Hassett justified the rate cut, citing a weakening jobs market.
<a href="https://www.benzinga.com/news/24/10/41400012/trumps-potential-federal-reserve-pick-defends-rate-cuts-after-ex-president-slammed-jerome-powells-mo">Read the full article here.</a>
Read Next:&nbsp;
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<li><a href="'What Was Good For Stocks ... We Brought Into Crypto'" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Robinhood's Bitstamp Deal Will Drive Growth, Exec Says: ‘What Was Good For Stocks … We Brought Into Crypto'</a></li>
</ul>
Photo courtesy: 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/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>

Economics

Cuban Vs Ackman, Dalio's Advice To China, Krugman's Warning, And More: This Week In Economics

United States Department of State said earlier this week that it is offering a reward of up to $10 million for information on any foreign person or entity who has engaged or is engaging in interference in the 2024 <a href="https://www.benzinga.com/news/24/10/41417390/elon-musks-pro-trump-super-pac-to-give-1m-every-day-to-people-in-swing-states-for-signing-his-petiti">U.S. presidential election</a> set to be held on Nov. 5.
What Happened: The award will be offered under the department&#8217;s Rewards for Justice program. Any information leading to the identification and location of the interferer as well as information leading to the prevention or resolution of an act of foreign election interference will be rewarded, the department said. 
The announcement from the department's Rewards for Justice program specifically mentioned Rybar LLC, a Russian media organization. 
Rybar, the department said, received funds for contracted work from Russian defense industrial organization Rostec, which was sanctioned by the U.S. Department of the Treasury in June 2022.
Rybar&#8217;s Operations: Rybar has sought to &#8220;sow discord, promote social division, stoke partisan and racial discord, and encourage hate and violence in the United States&#8221; through its social media channels, the announcement said. It manages the social media channels #HOLDTHELINE and #STANDWTHTEXAS to promote Russia&#8217;s political interests, in addition to TEXASvsUSA channel on social media platform X, it added. 
The department also named nine individuals who it says worked to carry out Rybar&#8217;s operations aimed at impacting the <a href="https://www.benzinga.com/news/24/10/41417238/kamala-harris-blames-amber-thurmans-death-on-georgia-abortion-law-slams-trump-for-cruel-remarks">U.S. electoral process</a>.
Those with knowledge of these individuals or their activities can contact Rewards for Justice via its tip line, it added.
Read More:
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<li><a href="https://www.benzinga.com/news/24/10/41417197/elon-musk-tesla-refute-inefficiency-concerns-with-wireless-charging-on-cybercab-there-is-no-meaningf" target="_blank" rel="noreferrer noopener">Elon Musk, Tesla Refute Inefficiency Concerns With Wireless Charging On Cybercab: ‘There Is No Meaningful Efficiency Difference…'</a></li>
</ul>
Image via Shutterstock

US Offers $10M Reward For Intel On Russian Firm Interfering In Elections

The past week was a hotbed of activity, with political debates and economic strategies taking center stage. From tariff discussions to election battles, the week saw a flurry of statements and counterarguments from prominent figures. Here&#8217;s a quick recap of the top stories that made headlines over the weekend.
<h3 class="wp-block-heading">Peter Schiff Criticizes Trump&#8217;s Tariff Strategy</h3>
Noted economist and financial commentator Peter Schiff voiced his opinion on former President Donald Trump&#8217;s tariff strategy. Schiff, in a recent social media post, argued that Trump&#8217;s tariffs were not imposed on China but on Americans purchasing Chinese products. <a href="https://www.benzinga.com/general/politics/24/10/41371990/trump-cant-impose-tariffs-on-china-says-peter-schiff-he-can-only-impose-tariffs-on-americans-who">Read the full article here.</a>
<h3 class="wp-block-heading">Barry Diller Criticizes Billionaire Trump Supporters</h3>
Barry Diller, the chair of IAC Inc and a supporter of Vice President Kamala Harris, expressed his disapproval of wealthy business figures backing Donald Trump in the 2024 election. Diller, a longtime Democratic Party supporter, shared his views in recent interviews. <a href="https://www.benzinga.com/general/politics/24/10/41321960/billionaire-trump-supporters-refuse-to-talk-about-the-character-of-rotten-person-media-mogul-bar">Read the full article here.</a>
<h3 class="wp-block-heading">Kamala Harris Pledges To Remove Unnecessary Degree Requirements</h3>
Vice President and Democratic presidential nominee Kamala Harris reiterated her commitment to eliminating degree prerequisites for certain federal jobs. She also urged the private sector to follow suit, stating that a college degree isn&#8217;t the only measure of a qualified worker. <a href="https://www.benzinga.com/news/24/10/41394566/kamala-harris-repeats-promise-to-get-rid-of-unnecessary-degree-requirements-i-will-challenge-the-pri">Read the full article here.</a>
<h3 class="wp-block-heading">Oil Prices Drop Following Netanyahu&#8217;s Statement</h3>
Crude oil prices saw a significant drop after Israeli Prime Minister Benjamin Netanyahu stated his willingness to strike military targets in Iran instead of oil or nuclear facilities. This statement was made during a call with President Joe Biden last Wednesday. <a href="https://www.benzinga.com/news/24/10/41321699/oil-prices-drop-after-netanyahu-says-israel-will-attack-military-not-oil-or-nuclear-targets-in-iran">Read the full article here.</a>
<h3 class="wp-block-heading">Mark Cuban And Kevin O&#8217;Leary Clash Over China Tariffs</h3>
"Shark Tank" co-stars Mark Cuban and Kevin O&#8217;Leary engaged in a public disagreement over tariffs on China. O&#8217;Leary called for a massive 400% increase in tariffs, citing unfair business practices by China. However, Cuban expressed his concerns over this approach. <a href="https://www.benzinga.com/news/24/10/41415419/kevin-oleary-calls-for-400-tariffs-on-china-but-his-shark-tank-co-star-and-friend-mark-cuban-fires-b">Read the full article here.</a>
Read Next: <a href="https://www.benzinga.com/news/24/10/41371860/kamala-harris-pulls-a-reverse-card-puts-trump-at-fault-for-border-crisis-in-fox-news-interview-lets?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Kamala Harris Pulls A Reverse Card, Puts Trump At Fault For Border Crisis In Fox News Interview: &#8216;Let&#8217;s Just Get To The Point, Ok?&#8217;</a>
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/author/anan-ashraf" target="_blank" rel="noopener">Anan Ashraf.</a>

Peter Schiff Criticizes Trump's Tariff Strategy, Oil Prices Drop Following Netanyahu's Statement, Kamala Harris Pledges To Remove Unnecessary Degree Requirements And More: Top Political Updates This Week

This past weekend was a whirlwind of activity in the cryptocurrency world. From a man suing a city council over lost Bitcoins (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) to the Coinbase CEO expressing admiration for Elon Musk&#8217;s productivity, the stories were as diverse as they were intriguing. Here&#8217;s a quick recap of the top stories that made headlines.
Bitcoin Landfill Lawsuit: James Howells, a software engineer from Wales, has filed a lawsuit against Newport City Council. Howells is seeking damages of approximately £495.31 million ($647 million) after the council repeatedly denied his requests to excavate a landfill site where he accidentally discarded a hard drive containing around 8,000 units of Bitcoin. The lawsuit is a strategy to persuade the council to allow the excavation, not a reflection of the actual situation. <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41308908/man-who-accidentally-threw-hard-drive-containing-8-000-bitcoins-worth-half-a-billion-dolla">Read the full article here.</a>
Armstrong&#8217;s Musk Admiration: Brian Armstrong, CEO of Coinbase, expressed his admiration for Elon Musk&#8217;s efficiency and productivity. Armstrong suggested that a rigorous study should be conducted to understand how Musk achieves so much. He believes that understanding Musk&#8217;s productivity could be an important question for civilizational progress. <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41306985/coinbase-ceo-brian-armstrong-wants-to-know-how-elon-musk-gets-so-much-done-wants-an-in-dep">Read the full article here.</a>
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41410605/if-you-invested-100-in-dogecoin-when-elon-musk-first-tweeted-about-the-meme-crypto-heres-h?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Meme Crypto, Here&#8217;s How Much You&#8217;d Have Today</a>
Scaramucci&#8217;s Bitcoin Investment: Anthony Scaramucci, CEO of SkyBridge Capital, revealed during a podcast that he has significant investments in Bitcoin. Scaramucci shared anecdotes about his conversation with MicroStrategy CEO Michael Saylor, who had a unique perspective on Scaramucci&#8217;s recommendation of a 1-3% allocation to Bitcoin. <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41372090/anthony-scaramucci-tells-what-percentage-of-his-wealth-is-tied-up-in-bitcoin-i-havent-sold">Read the full article here.</a>
Crypto Market Predictions: Cryptocurrency markets were trading higher as of Wednesday, taking 96% of Bitcoin holders into profit. Trader Michaёl van de Poppe now predicts all-time high prices in the &#8216;next 3-4 weeks&#8217;. <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41367220/bitcoin-ethereum-dogecoin-trade-like-no-bear-market-on-the-horizon-trader-predicts-all-tim">Read the full article here.</a>
Warren vs. Deaton: Sen. Elizabeth Warren and her Republican challenger John Deaton exchanged heated words over cryptocurrencies during their first debate. Warren accused Deaton of receiving maximum funding from the big cryptocurrency lobby to win the Massachusetts seat. <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41350336/elizabeth-warren-says-rival-john-deaton-wants-to-go-to-washington-to-fight-for-his-crypto-">Read the full article here.</a>
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41415966/benzinga-bulls-and-bears-apple-tesla-netflix-oklo-and-dogecoin-meme-coins-outpace-corporat">Benzinga Bulls And Bears: Apple, Tesla, Netflix, Oklo — And Dogecoin, Meme Coins Outpace Corporate Giants</a>
Photo courtesy: Unsplash
 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/anan-ashraf" target="_blank" rel="noopener">Anan Ashraf.</a>

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

Cryptocurrency

$BTC

Bitcoin Landfill Lawsuit, Coinbase CEO's Musk Admiration, Anthony Scaramucci's BTC Investment And More: This Week In Crypto

Leading tech firms, including Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Alphabet Inc&#8216;s Google (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), are preparing to showcase their artificial intelligence (AI) tools at the forthcoming HLTH healthcare technology conference in Las Vegas.
What Happened: The conference, set to kick off on Sunday, is anticipated to draw over 12,000 industry leaders, CNBC <a href="https://www.cnbc.com/2024/10/19/hlth-2024-tech-companies-head-to-las-vegas-to-tout-health-ai-tools-.html">reported</a>. The tech giants aim to demonstrate how their AI solutions can help reduce the administrative load on healthcare professionals, thereby freeing up crucial time.
Healthcare workers are currently grappling with excessive documentation, a major factor leading to industry burnout and a predicted shortfall of 100,000 healthcare workers by 2028, according to consulting firm Mercer. Tech companies are confident that their AI tools can help mitigate this problem.
See Also: <a href="https://www.benzinga.com/news/24/10/41416040/warren-buffett-says-he-wouldnt-be-successful-today-if-he-didnt-take-this-100-college-class-i-was-tha?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Warren Buffett Says He Wouldn&#8217;t Be Successful Today If He Didn&#8217;t Take This $100 College Class</a>
Google, on Thursday, announced the general <a href="https://www.benzinga.com/general/entertainment/24/09/41002371/warner-bros-discovery-and-google-partner-on-ai-generated-captions-for-max">availability of Vertex AI Search</a> for Healthcare, a tool that enables developers to build applications to assist doctors in swiftly searching for information across various medical records. Google also published survey results showing that clinicians spend nearly 28 hours a week on administrative tasks, with 80% of providers asserting that this work takes away from patient care time.
Why It Matters: The healthcare industry has been increasingly turning to AI to address its challenges. Google, for example, has been using AI to <a href="https://www.benzinga.com/general/health-care/24/08/40657322/google-stock-an-ai-play-for-health-care-the-doctor-will-hear-you-now-and-diagnose-your-cough">detect illnesses through sound</a>, such as coughs and sneezes, with its Health Acoustic Representations (HeAR) model.
Earlier this month, Microsoft <a href="https://www.benzinga.com/news/large-cap/24/10/41294844/microsoft-unveils-health-care-ai-tools-to-help-analyze-biomedical-data">unveiled its suite of tools</a> designed to lessen clinicians&#8217; administrative workload. These tools, most of which are still under development, include medical imaging models, a healthcare agent service, and an automated documentation solution for nurses.
AI scribe tools such as DAX Copilot, provided by Microsoft&#8217;s subsidiary Nuance Communications, have seen a surge in popularity this year. These tools employ AI to transcribe doctors&#8217; interactions with patients into clinical notes and summaries, reducing the need for doctors to manually record these notes.
Nvidia is also gearing up to address the workload of doctors and nurses at the HLTH conference. Kimberly Powell, Nvidia&#8217;s vice president of healthcare, will give a keynote on Monday detailing how generative AI can assist healthcare professionals in devoting more time to patient care.
Read Next: <a href="https://www.benzinga.com/news/24/10/41324450/elon-musk-says-spacexs-next-generation-starlink-satellites-will-be-so-big-that-only-starship-can-lau?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says SpaceX&#8217;s Next-Generation Starlink Satellites Will Be &#8216;So Big That Only Starship Can Launch&#8217;</a>
Photo: PeopleImages.com &#8211; Yuri A/Shutterstock

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Nvidia, Google And Microsoft To Present AI Tools Aimed At Reducing Healthcare Worker Burnout At Las Vegas Conference

Billionaire Elon Musk on Saturday reportedly gave away $1 million to a man named John Dreher who attended his event in Pennsylvania aimed at rallying support for former President Donald Trump. 
What Happened: Musk on Saturday said that America PAC, a pro-Trump super PAC founded by the billionaire, will give $1 million every day through Nov.5 to someone in swing states who signs his online petition. The online petition asks people to pledge their support to the First and Second Amendments which guarantee freedom of speech and the right to bear arms. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Every day, from now through Nov 5, <a href="https://twitter.com/america?ref_src=twsrc%5Etfw">@America</a> PAC will be giving away $1M to someone in swing states who signed our petition to support free speech &amp; the right to bear arms! We want to make sure that everyone in swing states hears about this and I suspect this will ensure they do.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1847856712914555061?ref_src=twsrc%5Etfw">October 20, 2024</a></blockquote>
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Earlier this week, Musk also said that registered Pennsylvania voters will get $100 for signing the petition until Monday midnight, together with the person who referred them. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If you're a registered Pennsylvania voter, you &amp; whoever referred you will now get $100 for signing our petition in support of free speech &amp; right to bear arms. Earn money for supporting something you already believe in! Offer valid until midnight on Monday.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1847115389676740899?ref_src=twsrc%5Etfw">October 18, 2024</a></blockquote>
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Musk&nbsp;is now giving talks in Pennsylvania as part of his campaigning for Trump. On Saturday, Musk gave $1 million to John Dreher, an attendee at his rally, Reuters reported. 
Guests at the talk only need to have signed the petition to attend, Musk said earlier this week. The petition allows the PAC to garner contact details to campaign for Trump. 
Why It Matters: Musk officially endorsed Trump in July after a shooting incident at a rally in Pennsylvania. The billionaire also attended a Trump campaign event in Pennsylvania&nbsp;<a href="https://www.benzinga.com/news/24/10/41197236/elon-musk-and-trump-address-thousands-at-site-of-failed-assassination-attempt-take-aim-at-bidens-lea" target="_blank" rel="noreferrer noopener">earlier this month</a>&nbsp;and termed the election a &#8220;must-win situation&#8221; for Trump.
Trump, meanwhile, has expressed his intent to set up a&nbsp;<a href="https://www.benzinga.com/government/24/09/40739165/trump-plans-to-appoint-elon-musk-to-government-efficiency-commission-if-elected-tesla-ceo-says-hell" target="_blank" rel="noreferrer noopener">government efficiency commission</a>&nbsp;led by Musk if elected President. The commission will be tasked with conducting a complete financial and performance audit of the federal government and recommending reforms, Trump said in September.
Earlier this week, Musk gave <a href="https://www.benzinga.com/news/24/10/41356810/elon-musk-donates-75m-to-support-donald-trumps-presidential-campaign">around $75 million to America PAC </a>in a span of three months from July to September for canvassing voters, cementing him as a key figure in Trump&#8217;s presidential campaign against Vice President Kamala Harris.
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Elon Musk's Pro-Trump Super PAC To Give $1M Every Day To People In Swing States For Signing His Petition

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares closed up 0.8% at $138 <a href="https://www.benzinga.com/news/24/10/41405213/nvidia-to-rally-around-39-here-are-10-top-analyst-forecasts-for-friday">on Friday</a>, taking its market capitalization to over $3 trillion, but the stock can go higher, according to bullish experts. 
Expert Commentary: Ram Ahluwalia, CEO of Lumida Wealth Management is reportedly optimistic about the company touching a $4 trillion valuation.
&#8220;There&#8217;s no question about it. The demand for GPU chips is strong, and you&#8217;re seeing early adopters starting to get some ROI,&#8221; Ahulwali <a href="https://finance.yahoo.com/news/nvidia-to-win-the-race-to-4-trillion-market-cap-experts-say-131512935.html">told</a> Yahoo Finance. 
T. Rowe Price portfolio manager Tony Wang also reportedly shares the confidence.
"You&#8217;ve got several more years of AI investment before you hit saturation or a more maturing AI landscape," according to Dan Niles, founder of Niles Investment Management. "You&#8217;ll see Nvidia&#8217;s revenues double over the next several years, and I think you&#8217;ll see the stock double over the next several years,&#8221; Niles told Yahoo Finance. 
&#8220;&#8230;demand for Inference compute could grow exponentially as model builders (such as OpenAI) solve for high throughput and low latency. Importantly, supported by its full-stack approach, we believe Nvidia is well-positioned to capture this growth opportunity in Inference,&#8221;<a href="https://www.ft.com/content/e910b9a2-ce6b-48b0-af45-0c55ca723395"> according to </a>Goldman Sachs, as reported by the Financial Times. Sachs has a price target of $150 for the stock. 
Bofa Securities on Friday maintained their &#8216;Buy&#8217; rating on the stock and increased its price target for the company <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41410262/ai-creates-generational-opportunity-why-nvidia-analyst-says-stock-will-hit-190">from $165 to $190.</a> 
In fact, Nvidia has a consensus price target of<a href="https://www.benzinga.com/quote/NVDA/analyst-ratings">&nbsp;$234.49&nbsp;based on the ratings of&nbsp;38&nbsp;analysts.</a>&nbsp;
Why It Matters: Nvidia stock is up by nearly 186.5% year-to-date, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. The company now has a market cap of about $3.39 trillion. 
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="650" height="450" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/20002516/newplot-5-2-1.jpeg" alt="" class="wp-image-603954" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/20002516/newplot-5-2-1.jpeg 650w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/20002516/newplot-5-2-1-300x208.jpeg 300w" sizes="(max-width: 650px) 100vw, 650px" /></figure>
As of its current valuation, Apple is the only American company with a market cap higher than Nvidia. However, even Apple&#8217;s valuation is short of $4 trillion ($3.57 trillion). 
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="650" height="450" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/20002154/newplot-10-1.jpeg" alt="" class="wp-image-603953" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/20002154/newplot-10-1.jpeg 650w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/20002154/newplot-10-1-300x208.jpeg 300w" sizes="(max-width: 650px) 100vw, 650px" /></figure>
Nvidia stock has surged more than 233% over the past year, with its share price jumping from $41 to $138. Meanwhile, ETFs tracking Nvidia, such as GraniteShares 2x Long NVDA Daily ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDL#NASDAQ">NVDL</a>) and Direxion Daily NVDA Bull 2X Shares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDU#NASDAQ">NVDU</a>), have delivered gains of at least 440% during the same period.
Read More:
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<li><a href="https://www.benzinga.com/news/24/10/41417197/elon-musk-tesla-refute-inefficiency-concerns-with-wireless-charging-on-cybercab-there-is-no-meaningf">Elon Musk, Tesla Refute Inefficiency Concerns With Wireless Charging On Cybercab: &#8216;There Is No Meaningful Efficiency Difference…&#8217;</a></li>
</ul>
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Nvidia Stock Is Up Over 233% In The Past Year And Tech Bulls Say It Could Go Even Higher From Here: '…You'll See The Stock Double Over The Next Several Years'

Elliott Investment Management and Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) have begun discussing a potential settlement that could avoid a proxy fight for control of the airline company&#8217;s board.
What Happened: Elliott has proposed a plan that involves giving it representation on the airline&#8217;s board without control, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-10-19/southwest-activist-elliott-said-to-begin-settlement-discussions">reported</a> on Saturday, citing people familiar with the matter.
The report added that the talks are progressing towards a resolution. However, they haven&#8217;t been finalized and could also be unsuccessful, it said.
<a href="http://pro.benzinga.com">Benzinga</a> has reached out to both Southwest and Elliott for confirmation but is yet to receive a response.
Why It Matters: Earlier this week, Elliott Investment Management asked for a special meeting of&nbsp;Southwest shareholders for Dec. 10 and <a href="https://www.benzinga.com/news/24/10/41314958/whats-going-on-with-southwest-airlines-stock-today">submitted a proposal</a> to replace eight directors on the struggling airline's board. 
Elliott&nbsp;has made several attempts to persuade Southwest to implement what it sees as "necessary" governance changes to improve financial performance since June. The hedge fund said it currently maintains nearly 11% stake in the airline.
"We are taking this step today because the need for improved oversight at Southwest has never been more urgent," the activist investor said earlier this week while adding that the company needs an experienced and qualified Board to oversee changes.
However, Southwest then termed the special meeting request as &#8220;<a href="https://www.benzinga.com/news/24/10/41339656/southwest-airlines-stock-is-rising-tuesday-whats-going-on">unnecessary and inappropriate</a>&#8221; and termed the hedge fund&#8217;s demands as &#8220;extreme.&#8221;
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
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<li><a href="https://www.benzinga.com/news/24/10/41417197/elon-musk-tesla-refute-inefficiency-concerns-with-wireless-charging-on-cybercab-there-is-no-meaningf">Elon Musk, Tesla Refute Inefficiency Concerns With Wireless Charging On Cybercab: &#8216;There Is No Meaningful Efficiency Difference…&#8217;</a></li>
</ul>
Photo via Wikimedia Commons

Southwest Airlines In Settlement Talks With Activist Investor Elliott Management To Avoid Proxy Fight For Board Control: Report

Vice President Kamala Harris on Saturday blamed Amber Thurman&#8216;s death in Aug. 2022 on Georgia&#8217;s abortion laws and accused former President Donald Trump of <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">belittling her family&#8217;s sorrow.</a>
What Happened: "Donald Trump still refuses to take any accountability for the pain and the suffering he has caused," Harris said at a rally in Atlanta, <a href="https://apnews.com/article/harris-lizzo-usher-michigan-georgia-early-voting-bce7d9172df6a83cf40a35e00ddb1604">reported</a> the Associated Press. Thurman&#8217;s mother also attended the rally, holding a picture of her daughter, the report said.
Thurman died in Georgia in 2022 after delays in receiving appropriate medical care after an abortion. The state prohibits most abortions after six weeks. 
Harris referred to Trump&#8217;s previous comment about how his Fox News Channel town hall would get &#8220;better ratings&#8221; than the Thurman family on a separate media call. Harris accused Trump of belittling the family&#8217;s sorrow and being &#8220;cruel.&#8221; 
Why It Matters: Abortion is central to Harris&#8217; Presidential campaign. The vice president has pledged to restore the <a href="https://www.benzinga.com/news/24/09/40869733/trump-stumbles-again-over-health-care-issues-involving-abortion-and-obamacare">national right to abortion</a> if she wins in the Nov. 5 election.
Harris, a staunch supporter of abortion rights, has previously also reproached Trump for his influence in appointing three Supreme Court justices who reversed <a href="https://www.benzinga.com/news/22/06/27844012/breaking-supreme-court-overturns-roe-v-wade">Roe v. Wade in 2022 </a>and nullified the constitutional right to abortion. She held Trump accountable for the stringent abortion laws in several states, including Georgia, labeling it a healthcare crisis and attributing its inception to Trump.
Trump, meanwhile, said in September that women will &#8220;no longer be thinking about abortion&#8221;<a href="https://www.benzinga.com/news/24/10/41251001/trumps-niece-slams-texas-abortion-law-ruling-warns-of-future-challenges-if-kamala-harris-loses-nov-5"> if he reclaims the White House</a> as it will be upon states and their voters. 
Read Next:
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<li><a href="https://www.benzinga.com/markets/emerging-markets/24/10/41416913/bidens-farewell-to-africa-strategic-motives-behind-first-and-only-presidential-visit">Biden&#8217;s Farewell To Africa: Strategic Motives Behind First And Only Presidential Visit</a></li>
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Photo courtesy: Wikimedia

Kamala Harris Blames Amber Thurman's Death On Georgia Abortion Law, Slams Trump For 'Cruel' Remarks

Former President Donald Trump launched a scathing attack on fellow billionaire Mark Cuban on Saturday, accusing him of being a &#8220;loser&#8221; and a &#8220;weak and pathetic bully.&#8221;
What Happened: Trump <a href="https://www.benzinga.com/startups/24/10/41415895/dont-normalize-trumps-behavior-warns-mark-cuban-says-its-an-insult-to-american-workers-to-claim-thei">escalated his public feud</a> with Cuban after the latter&#8217;s criticism of the ex-president&#8217;s tariff proposals during a Kamala Harris campaign rally in Wisconsin the previous Thursday.
Trump used his Truth Social platform on Saturday to lash out at Cuban. "Mark Cuban is a Loser," Trump wrote. 
"Wouldn't take his phone calls anymore while at the White House, and he went rogue. A weak and pathetic ‘bully,' he's got nothing going. Really low clubhead speed, a total non-athlete!"
<figure class="wp-block-image size-full"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/19223421/Screenshot-2024-10-20-at-8.03.56%E2%80%AFAM.png" alt="" class="wp-image-603933" /></figure>
See Also: <a href="https://www.benzinga.com/news/24/10/41405124/whats-going-on-with-nvidia-stock-on-friday?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">What&#8217;s Going On With Nvidia Stock On Friday?</a>
Why It Matters: Trump&#8217;s proposed tariff plan, <a href="https://www.benzinga.com/news/24/10/41348822/mark-cuban-says-he-knows-what-trump-wants-to-achieve-with-tariffs-but-the-ex-president-has-no-idea-w">which suggests a 20% universal tariff </a>on all imports and a 60% rate for Chinese imports, has faced widespread criticism from economists. They contend that such a stringent approach would primarily impact U.S. importers and consumers.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">.<a href="https://twitter.com/mcuban?ref_src=twsrc%5Etfw">@mcuban</a> explains how Trump's tariff plan will raise your prices: "It's your family that will suffer. He doesn't care&#8230; Trump is the Grinch that&#39;s trying to steal your Christmas" <a href="https://t.co/OBy38weV8j">pic.twitter.com/OBy38weV8j</a>
&mdash; Morgan J. Freeman (@mjfree) <a href="https://twitter.com/mjfree/status/1847803323623051524?ref_src=twsrc%5Etfw">October 20, 2024</a></blockquote>
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Interestingly, Cuban, <a href="https://www.benzinga.com/news/24/10/41222696/mark-cuban-recalls-his-love-hate-relations-with-trump-its-not-like-i-dont-like-him-i-just-dont-think">who had once lauded Trump in 2015</a> as the &#8220;best thing to happen to politics in a long time,&#8221; has since turned into a staunch critic of the former president. He publicly endorsed Hillary Clinton in the 2016 election and has been a consistent supporter of the Harris campaign in the current election cycle.
Cuban, known for his role in &#8220;Shark Tank,&#8221; has also hinted at his political aspirations, including the <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41314578/mark-cuban-to-replace-gary-gensler-under-harris-administration-if-asked-i-would-want-to-be">possibility of replacing Securities and Exchange Commission</a> Chair Gary Gensler. In a parallel development, Trump has roped in Elon Musk as a high-profile campaign surrogate, adding another dimension to his rivalry with Cuban.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41308908/man-who-accidentally-threw-hard-drive-containing-8-000-bitcoins-worth-half-a-billion-dolla?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill</a>
Images via Shutterstock

Trump Unleashes Scathing Attack On Former Friend Mark Cuban After Billionaire Criticizes Ex-President's Tariff Plans: 'Weak And Pathetic Bully'

EV giant Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) said on Saturday that its inductive charging technology for its <a href="https://www.benzinga.com/news/24/10/41284847/tesla-reveals-two-seater-cybercab-that-drives-itself">Cybercab product</a> would be over 90% efficient, refuting concerns.
What Happened: &#8220;Efficiency is well above 90%,&#8221; Tesla wrote in response to X users, including popular tech YouTuber Marques Brownlee, who opined that inductive charging such as the one demonstrated by Tesla in a video featuring the Cybercab, where the <a href="https://www.benzinga.com/news/24/10/41415010/tesla-cybercabs-wireless-charging-capabilities-shown-off-in-new-teaser-video-will-this-be-the-future">charger does not even touch the vehicle</a>, could be inefficient given the heat waste. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Efficiency is well above 90%
&mdash; Tesla (@Tesla) <a href="https://twitter.com/Tesla/status/1847745953857524119?ref_src=twsrc%5Etfw">October 19, 2024</a></blockquote>
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Tesla CEO Elon Musk also addressed the concerns and said, &#8220;There is no meaningful efficiency difference between inductive and conductive charging if the system is designed right.&#8221;
&#8220;There is always an inductor somewhere in the charge circuit!,&#8221; Musk added. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">There is no meaningful efficiency difference between inductive and conductive charging if the system is designed right. There is always an inductor somewhere in the charge circuit!
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1847758760166760524?ref_src=twsrc%5Etfw">October 19, 2024</a></blockquote>
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Why It Matters: Tesla unveiled the 2-seater Cybercab with no pedals or steering wheels at an event near Los Angeles earlier this month. The vehicle is Tesla&#8217;s dedicated product for autonomous driving and is expected to enter production &#8220;before 2027,&#8221; according to the company CEO. 
Musk then also added that the vehicle is expected to be priced at under $30,000.
Musk, however, is known for providing overambitious timelines on his companies&#8217; products including the next generation of Roadster which was initially expected to ship in 2020 but is yet to start production. Brownlee even said in a video earlier this week that he would<a href="https://www.benzinga.com/news/24/10/41325776/tech-youtuber-mkbhd-says-ill-shave-my-head-on-camera-if-elon-musks-tesla-delivers-cybercab-before-20"> shave his head on camera</a> if Tesla indeed launches the Cybercab before 2027 for $30,000. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
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Elon Musk, Tesla Refute Inefficiency Concerns With Wireless Charging On Cybercab: 'There Is No Meaningful Efficiency Difference…'

The U.S. government has initiated an investigation into the unauthorized release of &#8220;highly classified&#8221; documents. These classified documents, which detail <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41309234/israels-attack-on-iran-would-rattle-the-nerves-of-oil-market-says-expert">Israel&#8217;s plans to attack Iran</a>, were found posted on the messaging platform, Telegram.
What Happened: The documents are believed to originate from the U.S. Geospatial Intelligence Agency and the National Security Agency. They indicate that Israel is mobilizing military assets to launch a retaliatory strike against Iran, following Iran&#8217;s ballistic missile attack on Oct. 1.
These documents were intended for internal circulation within the &#8220;Five Eyes&#8221; intelligence alliance, comprising the U.S., Great Britain, Canada, New Zealand, and Australia. U.S. officials, who wished to remain anonymous, have confirmed the documents&#8217; authenticity <a href="https://apnews.com/article/israel-iran-us-documents-attack-e7e23d09a2f1fc14498e64b38d74576f">to</a> The Associated Press.
See Also: <a href="https://www.benzinga.com/news/24/10/41324450/elon-musk-says-spacexs-next-generation-starlink-satellites-will-be-so-big-that-only-starship-can-lau?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says SpaceX&#8217;s Next-Generation Starlink Satellites Will Be &#8216;So Big That Only Starship Can Launch&#8217;</a>
The ongoing investigation is also probing how these documents were obtained, whether it was an intentional leak from within the U.S. intelligence community or through other means, such as hacking. It also scrutinizes whether any other intelligence information was compromised in the process, the AP report said.
The Pentagon has acknowledged the reports of the leaked documents, the report said, but refrained from commenting further. The &#8220;Middle East Spectator,&#8221; a Telegram channel, claimed to have received these &#8220;highly classified&#8221; documents from an anonymous source. However, the authenticity of the documents could not be verified by the Middle East Spectator.
The Pentagon and White House did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga's</a> request for comment.
Why It Matters: This leak comes at a critical time when the U.S. has been encouraging Israel to seek a ceasefire in Gaza following <a href="https://www.benzinga.com/markets/asia/24/10/41385179/hamas-chief-oct-7-mastermind-yahya-sinwar-possibly-dead-idf-conducts-dna-tests-after-gaza-clash">the elimination of Hamas leader</a> Yahya Sinwar. The U.S. has also advised Israel against escalating military operations in Lebanon, which could potentially trigger a broader regional conflict. Despite these warnings, Israel&#8217;s leadership remains adamant about not letting Iran&#8217;s missile attack go unanswered.
The leak of classified documents is a matter of grave concern for the U.S. government, especially given the recent history of similar incidents. In 2023, a <a href="https://www.benzinga.com/government/23/07/33127619/classified-document-leak-on-discord-prompts-pentagon-to-strengthen-security-procedures">significant security breach</a> prompted the Pentagon to implement stricter measures for handling classified national security information. This breach involved a National Guardsman leaking classified documents on the Discord social media platform.
The Guardsman, <a href="https://www.benzinga.com/news/23/04/31761347/us-to-turn-over-every-rock-to-find-intel-leak-source-amid-national-security-fears">who leaked the documents</a>, was charged under the Espionage Act and was linked to an online group where the leaked documents first appeared.
Read Next: <a href="https://www.benzinga.com/news/24/10/41355911/waymo-co-founder-says-tesla-has-an-advantage-in-race-to-autonomous-driving-id-rather-be-in-teslas-sh?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Waymo Co-founder Says Tesla Has An Advantage In Race To Autonomous Driving</a>
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US Investigating Leak Of 'Highly Classified' Documents On Israel's Alleged Plans To Attack Iran

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After a hurricane-related postponement, President Joe Biden will visit Angola in December, marking his first and last trip to the African continent in the final week of his tenure. Angola, a country with a complex history tied to the United States and its Cold War adversaries, is now at the forefront of new opportunities for collaboration, particularly in infrastructure development and <a href="https://www.benzinga.com/topic/metals">critical mineral supply chains</a>.
A Shifting Foreign Policy
During the Cold War, Angola was a hotspot for proxy battles between the Soviet Union and the United States. Angola&#8217;s civil war, which raged from 1975 to 2002, saw the Soviet Union, Cuba, and China support the ruling MPLA (People&#8217;s Movement for the Liberation of Angola), while the U.S. backed anti-communist rebel groups. Despite being on opposite sides, U.S. oil companies continued operating in Angola, exporting oil to Europe while geopolitical tensions persisted.
Since the end of the civil war, Angola has maintained a relatively stable government under the MPLA, and the U.S. established formal diplomatic relations in 1993. Over the years, the relationship between the two countries has grown, although Angola's primary economic ties have shifted towards China and Russia.
However, following Russia&#8217;s invasion of Ukraine, Angola&#8217;s abstention from the United Nations vote and subsequent vote against Russia signaled a more independent foreign policy—one that could align with Western interests and counterbalance China&#8217;s and Russia&#8217;s influence on the continent.
Also Read: <a href="https://www.benzinga.com/markets/esg/24/10/41409688/this-small-cap-nuclear-stock-is-up-over-100-in-a-month-will-it-keep-generating-momentum">This Small-Cap Nuclear Stock Is Up Over 100% In A Month: Will It Keep Generating Momentum?</a>
The Lobito Corridor
Lobito Corridor is a critical infrastructure project and likely the <a href="https://www.benzinga.com/markets/commodities/24/02/37074505/african-rail-projects-become-battleground-for-us-china-competition-in-strategic-mineral-suppl">focal point of Biden's visit</a>. This corridor, which includes the Benguela Railway, connects Angola's Lobito port to the mineral-rich regions of the Democratic Republic of Congo (DRC) and Zambia. By upgrading this route, the U.S. sees an opportunity to facilitate the export of critical minerals, especially copper and cobalt, essential for the global electric vehicle (EV) transition and renewable energy technologies.
Furthermore, Canadian Ivanhoe Mines (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/IVAPF#OTCQX">IVAPF</a>) was granted a license to explore for copper in Angola just a year ago, showing the growing Western interest in this country rich in manganese, uranium, zinc, wolfram, and, particularly, diamonds.
The Rich Neighborhood
The Lobito Corridor also benefits neighboring Zambia, which boasts 94 active mining projects, including KoBold Metals' <a href="https://www.benzinga.com/news/24/02/36940360/kobold-metals-announces-historic-copper-discovery-in-zambia">largest copper discovery</a> in the country's history. Copper is a critical resource for electronics, renewable energy, and EV batteries, and Zambians know it. They plan to raise their medium-term copper production to <a href="https://www.benzinga.com/markets/commodities/24/04/38115830/zambia-mining-boom-the-road-to-1-million-tons-of-copper">one million tons per year</a>.
Historically, Zambia has faced infrastructure bottlenecks that have <a href="https://www.benzinga.com/markets/commodities/24/03/37466646/zambia-plans-to-increase-copper-production-but-faces-3-problems">constrained its mining potential</a>. By leveraging the Lobito Corridor, Zambia could significantly boost its copper exports to global markets, especially as U.S. allies such as Saudi Arabia have <a href="https://www.benzinga.com/news/24/10/41399210/saudi-arabia-targeting-billions-in-zambian-assets-despite-persistent-infrastructure-troubles">recently invested in Zambian copper assets</a>, including First Quantum's (OTCPK: FQVLF) Kansanshi and Sentinel copper mines. Additionally, Barrick Gold's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) Lumwana copper mine in Zambia is one of the country's major copper producers, further highlighting the potential economic boost the Lobito Corridor could provide.
Countering China's Influence
For Angola, which is heavily indebted to China, this infrastructure project represents an opportunity to diversify its economic partnerships. China is Angola&#8217;s largest trading partner, primarily driven by oil exports. Yet, U.S. investments in projects like the Lobito Corridor could shift the country's economic focus toward the West, reducing its dependence on Chinese loans and infrastructure development.
President Biden's visit, therefore, comes at a crucial time. His trip opens a path to critical African commodities, countering China's Belt and Road initiative by providing a faster, more efficient route to Europe and the U.S., bypassing the Indian Ocean, and strengthening trade ties with Western markets.
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Biden's Farewell To Africa: Strategic Motives Behind First And Only Presidential Visit

As voters across the United States prepare to head to the polls on November 5, the <a href="https://www.benzinga.com/topic/2024-election" target="_blank" rel="noreferrer noopener">presidential race is heating up</a>.
As election day approaches, attention turns to the polling averages compiled by the polling <a href="https://abcnews.go.com/538" target="_blank" rel="noreferrer noopener">analysis</a> website 538, a part of ABC News. This platform gathers data from various national and battleground state polls, applying strict quality control measures to ensure reliability.
National Polls: Harris Holds a Narrow Lead On Average
Since entering the race in late July, Kamala Harris has maintained a slight lead over Donald Trump in national polling averages, <a href="https://www.bbc.com/news/articles/cj4x71znwxdo" target="_blank" rel="noreferrer noopener">reported </a>BBC. Initially experiencing a surge in popularity, she built a lead of nearly four percentage points by the end of August.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41410773/amazon-prime-offers-2024-election-night-coverage-with-brian-williams-special-and-its-free-f" rel="noreferrer noopener">Amazon Prime Offers 2024 Election Night Coverage With Brian Williams Special And It&#8217;s Free For Non-Subscribers</a>
Swing States: A Tight Contest
Currently, the race in seven battleground states is exceptionally close, with neither candidate holding a decisive advantage. Trump has recently claimed a slight lead in Arizona, Georgia, and North Carolina.
Conversely, in Nevada, Harris has edged ahead. Meanwhile, in Michigan, Pennsylvania, and Wisconsin, traditionally Democratic strongholds, Harris has maintained a narrow lead, though the numbers have tightened recently.
Notably, on the day Biden exited the race, he was trailing Trump by nearly five percentage points in these crucial swing states. Pennsylvania, in particular, is vital due to its significant electoral votes, and it had shown Biden behind by nearly 4.5 points at that time, BBC added while analyzing the polling average presented by the 538 website.
Trust in Polls: A Skeptical Landscape
Despite the current polling, uncertainty looms!
The close margins in swing states make it challenging to predict a winner, and past elections have shown that polls can underestimate Trump&#8217;s support, BBC added.
Polling companies are working to improve their methodologies, striving to better reflect the demographics of the voting population and anticipate voter turnout on November 5.
As Harris and Trump prepare for a fiercely contested election, all eyes will be on the battleground states that could determine the outcome.
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Key Battlegrounds Heat Up As Trump Gains Ground In Critical States

Gov. <a href="https://www.benzinga.com/topic/gavin-newsom" target="_blank" rel="noreferrer noopener">Gavin Newsom</a> (D-Calif.) has expressed his support for <a href="https://www.benzinga.com/topic/elon-musk" target="_blank" rel="noreferrer noopener">Elon Musk</a> in the billionaire&#8217;s dispute with a California agency that rejected an expansion of <a href="https://www.benzinga.com/topic/spacex" target="_blank" rel="noreferrer noopener">SpaceX&#8217;s rocket launches along the Pacific coast</a>.
In a recent interview, Newsom voiced his disapproval of the agency&#8217;s decision, aligning himself with Musk&#8217;s position after returning from a campaign event for Vice President Kamala Harris in North Carolina, <a href="https://www.politico.com/news/2024/10/18/elon-newsom-musk-california-spacex-00184408" target="_blank" rel="noreferrer noopener">reported</a> Politico.
Musk filed a lawsuit against the California Coastal Commission in federal court in Los Angeles on Tuesday, alleging that the commission engaged in blatant political discrimination by citing his support for former President Donald Trump when it rejected a Department of Defense proposal to increase SpaceX launches at Vandenberg Space Force Base.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41322319/gavin-newsom-approves-new-law-to-tackle-gas-prices-says-oil-industry-raising-prices-to-scare-voters" rel="noreferrer noopener">Gavin Newsom Approves New Law to Tackle Gas Prices, Says Oil Industry Raising Prices To &#8216;Scare Voters&#8217; Into Supporting Trump</a>
Newsom acknowledged that his comments might not aid Musk&#8217;s legal case, suggesting that such explicit political issues should not be raised.
The Coastal Commission&#8217;s 6-4 vote against the increased launches raised concerns about the classification of SpaceX activities and shifted discussions to Musk&#8217;s political conduct and labor practices.
Previously, Newsom and Musk have had tensions over various issues, including Musk&#8217;s relocation of businesses and Newsom&#8217;s criticisms of Trump.
Newsom pointed out that while Musk&#8217;s recognition of political discrimination is a positive step, his substantial donations to Trump raise questions about his character.
He emphasized that his administration had previously collaborated with the Defense Department to address concerns related to the launch proposal, and indicated that efforts were made to find common ground before the commission&#8217;s decision, noting that the focus should have been on broader implications rather than Musk&#8217;s political persona.
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Newsom Sides With Musk In Dispute Over California SpaceX Launches

Billionaire Bill Gates is best known for co-founding technology giant Microsoft, which is now a multi-trillion-dollar company. It turns out that Gates had to stop a bad habit along the way <a href="https://www.benzinga.com/startups/24/09/40982632/bill-gates-says-if-he-started-microsoft-today-hed-focus-on-this-industry-instead">to be successful</a>.
While an undergraduate student at Harvard University, Gates has a bad habit of procrastination.
"I liked to show people that I didn't do any work, and that I didn't go to classes and I didn't care," Gates said in a 2005 Q&amp;A session with Warren Buffett, as <a href="https://www.cnbc.com/2018/03/16/bill-gates-quit-this-bad-habit-before-he-became-successful.html">reported</a> by CNBC.
Gates said he would prepare for tests at the last minute.
"People thought that was funny. That was my positioning: the guy who did nothing until the last minute."
You may not be a billionaire like Bill Gates, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/exclusives/24/10/41405659/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">check out five stocks flying under the radar that deserve your attention.</a>
Gates recalled the need to get rid of this "very bad habit" when he got into the business world. The billionaire dropped out of Harvard after two years.
"When I went into business that was a really bad habit and it took me a couple years to get over that."
Gates acknowledged that while procrastination might have seemed like a cool character trait in college, it quickly became a liability in the business world, where last-minute work is generally frowned upon.
"Nobody praised me because I would do things at the last minute."
Gates said in the business world, he worked hard to reverse course and tried to emulate the students at Harvard "who were always organized and had things done on time."
While he was able to get rid of the bad habit, Gates confessed in the 2005 interview that he still hadn't fully learned not to put things off.
"I'm still working on it, but procrastination is not a good habit."
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Viking Holdings (NYSE:<a href="https://investorplace.com/stock-quotes/vik-stock-quote/">VIK</a>) just reported results for the second quarter of 2024.<ul><li>Viking Holdings reported earnings per share of 37 cents. This was below the analyst estimate for EPS of 65 cents.</li><li>The company reported revenue of $1.59 billion.</li><li>This was 10.98% better than the analyst estimate for revenue of $1.43 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	The post <a href="https://investorplace.com/earning-results/2024/08/vik-stock-earnings-viking-holdings-for-q2-of-2024/">VIK Stock Earnings: Viking Holdings Misses EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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