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Sony Group

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments.

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Sony ammette la sua debolezza nelle proprietà intellettuali: ecco perché fatica a competere con i giganti Nintendo e Disney.

Sony in crisi: perché non riesce a competere con Nintendo e Disney

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Sony annuncia la chiusura di Concord dopo il flop del gioco. Rimborsi completi per chi ha acquistato PS5 e PC.

Sony stacca la spina: Concord è un vero fallimento

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Nonostante le vendite inferiori delle PS5, le azioni di Sony salgono nel pre-market grazie ai solidi risultati finanziari.

Le vendite di PS5 deludono, ma le azioni Sony salgono

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SONY GROUP CORP by Sony Group Corporation

Kevin O&#8217;Leary learned one of his <a href="https://www.benzinga.com/personal-finance/24/07/39710541/kevin-oleary-says-you-can-survive-on-500-000-and-do-nothing-else-to-make-money">biggest money lessons</a> from his mom, Georgette. It all started with a Chanel jacket.
In his book &#8220;Cold Hard Truth on Men, Women &amp; Money,&#8221; O&#8217;Leary describes how he noticed his mom wearing a classic Chanel jacket at a family Christmas dinner in the 1980s. He was shocked when she told him she had bought it 20 years earlier, in the 1960s.
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That jacket wasn't cheap. Georgette had saved up for a whole year to buy it, spending $500. That was a lot of money back then. But she knew something important: quality over quantity. That jacket lasted her two decades. And today, it could sell for about $1,000. &#8220;The perpetually fashionable Chanel blazer would fetch about $1,000 today,&#8221; O&#8217;Leary wrote.
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This lesson stuck with O&#8217;Leary. He started seeing everything he bought as an investment. He focused on quality and what it could be worth later. &#8220;Treat everything you buy as an investment,&#8221; he says. He spends his money like that to this day.
When his mom passed away in 2008, O&#8217;Leary became the executor of her estate, which included her luxury jacket collection. &#8220;Many of those coats were one-of-a-kind collectors&#8217; items and they had massively appreciated in value,&#8221; he shared on LinkedIn.
But it wasn't easy handling the estate. &#8220;The women in my family fought like cats and dogs to get near her clothing,&#8221; O&#8217;Leary joked to CNBC Make It in 2018. &#8220;I had to beat them back with a stick to be fair about it.&#8221;
Trending: Amid the ongoing EV revolution, previously overlooked low-income communities<a href="https://www.benzinga.com/money/dunamis-1"> now harbor a huge investment opportunity at just $500.</a>
O&#8217;Leary took his mom's lesson to heart. He's known for his high-end wardrobe. He proudly showed off a $2,800 Yves Saint Laurent jean jacket. Just like his mom, he's willing to spend more on quality. He sees it as a smart investment.
Over the years, O&#8217;Leary has shared other money tips, too. He warned couples not to mix their finances, advised <a href="https://www.benzinga.com/startups/24/09/40802818/that-really-ruins-thanksgiving-dinner-heres-why-kevin-oleary-has-a-tough-but-fair-and-generous-polic">against lending money to family</a> and discussed the importance of not waiting too long to marry and have kids. But the lesson from his mom's Chanel jacket stuck with him the most. For O&#8217;Leary, it's not just about spending. It's about making smart investments.
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Startups

Kevin O'Leary's $1,000 Lesson: How His Mom's Chanel Jacket Shaped His Investment Mindset

Barbara Corcoran, renowned real estate mogul and star of &#8220;Shark Tank,&#8221; has opened up about her personal encounter with Alzheimer&#8217;s disease, following the loss of her mother to the condition.
What Happened: Corcoran&#8217;s mother, Florence, succumbed to Alzheimer&#8217;s 12 years ago at 88 years old. The disease has also impacted two of Corcoran&#8217;s close friends and her grandmother, leading to her own concerns about potentially developing the disease.
Corcoran, along with her ten siblings, formed a caregiving team for their mother as her condition deteriorated. Her brother T spearheaded the efforts, enrolling in an Alzheimer&#8217;s care course and educating the family on how to best care for their mother, <a href="https://fortune.com/well/2024/09/26/barbara-corcoran-shark-tank-losing-mom-alzheimers-disease/">reports</a> Fortune.
"He taught all of us how to care for her and we all got on the same page," Corcoran told the outlet. "He taught all of us to live in mom's reality." So when she would scream about there being a snake under her bed, for example, rather than saying, "No there's not," someone would go into the room, find the snake and "beat the hell out of it." 
Also Read: <a href="https://www.benzinga.com/news/23/08/34071377/shark-tank-star-barbara-corcorans-wealth-philosophy-work-smart-not-hard">Shark Tank Star Barbara Corcoran&#8217;s Wealth Philosophy: Work Smart, Not Hard</a>
Corcoran highlighted the significance of family solidarity and support during such trying times. She also stressed the necessity for external assistance, endorsing online resources like RecognizeAlzheimersAgitation.com, a campaign she is currently associated with.
"My job was to pay for everything," she said. According to the report, she also visited weekly with her brother, while a sister lived across the street from their mom and remained on-call. 
Another sister was a hospice nurse, and got to oversee their mom's care once she entered into hospice care. But, she adds, "There was one brother who just couldn't take it. He couldn't see my mother."
Why It Matters: Corcoran&#8217;s story sheds light on the emotional strain Alzheimer&#8217;s can impose on families and underscores the importance of seeking help and support. 
Alzheimer&#8217;s disease is a growing concern worldwide, with millions of people affected and many more at risk. 
Corcoran&#8217;s openness about her personal experience and her advocacy for resources and support can help raise awareness and provide much-needed support for those dealing with the disease.
Read Next
<a href="https://www.benzinga.com/general/entertainment/23/04/31962029/barbara-corcorans-narrow-escape-from-being-fired-before-becoming-a-shark-tank-icon" target="_blank" rel="noreferrer noopener">Barbara Corcoran&#8217;s Narrow Escape From Being Fired Before Becoming A &#8216;Shark Tank&#8217; Icon</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.

Health Care

Psychology

Shark Tank's Barbara Corcoran Reveals Her Struggle With Alzheimer's In Her Family

During a recent town hall meeting in Michigan, Donald Trump voiced criticism towards Vice President Kamala Harris and President Joe Biden&#8216;s <a href="https://www.benzinga.com/news/24/09/40971646/harris-vs-trump-kamala-harris-leads-in-fundraising-as-wall-street-silicon-valley-boost-her">electric vehicle policies</a>.
What Happened: Trump engaged in a town hall discussion in Michigan, a pivotal swing state. The conversation was moderated by Sen. Marsha Blackburn (R-Tenn.). The former president used the platform to critique Harris and the Democrats on their energy, economic, and immigration strategies.
Trump&#8217;s trip to Warren, a Detroit suburb, is part of his intensified focus on Michigan and other crucial swing states in the lead-up to Election Day. 
As reported <a href="https://thehill.com/homenews/campaign/4904701-trump-michigan-town-hall/">by</a> The Hill, both Trump and Harris have been making regular visits to these states, targeting blue-collar workers in suburban areas who are potential swing voters.
At the event, Trump expressed disapproval of the Biden administration&#8217;s electric vehicle policy, which he perceives as a mandate. He vowed to abolish the policy on his first day in office, if elected. Trump also blamed Shawn Fain, the president of United Auto Workers (UAW), who endorsed Harris, for allowing Biden to put the policy into action.
Also Read:&nbsp;<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" target="_blank" rel="noreferrer noopener">Trump Vs Harris: New Poll Reveals Post-Debate Swing Towards This Candidate In Key State</a>
"They have an electric mandate, Every car is going to be electric, they say. I will terminate that… on day one," Trump said during the rally. &nbsp;
Trump defended his tariff policy, advocating for a &#8220;smart&#8221; strategy to use tariffs &#8220;wisely&#8221; in order to safeguard American business interests. He also criticized Harris for her visit to the U.S.-Mexico border, accusing her of voicing complaints without taking any action.
The town hall, which resembled a Trump rally, saw the former president receiving applause from his supporters in response to his answers to the questions posed.
Why It Matters: The town hall event in Michigan underscores the importance of swing states in the upcoming election. Trump&#8217;s criticism of the Biden administration&#8217;s electric vehicle policy and his pledge to terminate it, if elected, could potentially sway voters in these key states. 
His comments on Harris and the Democrats&#8217; energy, economic, and immigration policies further highlight the stark differences between the two parties&#8217; platforms.
Read Next
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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.

Politics

Trump Voices Criticism Of Harris And Biden EV Policies: 'Every Car Is Going To Be Electric, They Say. I Will Terminate That, On Day One'

In August, Jodi Hayes and her spouse were leisurely cruising when things took an unanticipated and distressing turn. While they were still on board the ship, Jodi got an alert from the U.S. Postal Service&#8217;s Informed Delivery program. The email showed that 35 credit cards were on their way to her home – all in the names of people she had never heard of.
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Each of these 35 strangers was added as an authorized user to her Marriott Bonvoy Chase Bank credit card and they could each charge up to $19,000 on her card or withdraw $950 in cash, potentially leaving Jodi responsible for a massive debt.
"I know I have <a href="https://www.benzinga.com/money/what-is-a-good-credit-score">good credit</a>, but I've never seen anything like this ever," Jodi said, clearly frustrated. "This fiasco ruined the end of our vacation."
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As ABC7 <a href="https://www.youtube.com/watch?v=dZXmuHx3yu4">reported</a>, she quickly called Chase Bank while still on the cruise ship to report the issue. However, their response left much to be desired. They initially brushed it off as a possible <a href="https://www.benzinga.com/fintech/23/11/35598813/major-banks-hit-by-clearinghouse-glitch-direct-deposits-delayed">glitch in the system</a> and said they would stop the cards from being activated. They didn't offer much more than a new card and account number without explanation or investigation.
When Jodi contacted ABC7, hoping to get more answers and help, the situation caught the attention of the U.S. Postal Inspection Service. Matthew Norfleet, a postal inspector, explained that this was likely an identity fraud scheme. Using the mail for such schemes is a serious crime that can carry up to 20 years in prison.
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Nevertheless, the deception did not end with Chase. Jodi soon received credit applications from additional banks, including Capital One, Discover, and Citibank, all rejected because of <a href="https://www.benzinga.com/money/how-to-improve-credit-score">insufficient credit history</a>. The repeated use of the same fictitious names demonstrated these con artists&#8217; persistence when they &#8220;smell&#8221; an opportunity.
Jodi protected herself in many correct ways despite the danger and absurdity of the situation. She kept an eye on her mail using the USPS Informed Delivery program and secured her mailbox with a lockbox to deter burglars. To further lower the chance of mail theft, the Postal Service even advises holding your mail at the post office while you&#8217;re on the road.
This situation demonstrates how essential it is to monitor your accounts and personal data. While Jodi's quick actions and the use of Informed Delivery helped catch the problem before it got worse, not everyone is so lucky. Identity theft can happen to anyone, but tools like Informed Delivery can help spot potential problems early.
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Personal Finance

35 Strangers Were Fraudulently Added To Her Card During A Cruise, But One U.S. Postal Service Was Key In Preventing A Possible Disaster

Vice President Kamala Harris visited the <a href="https://www.benzinga.com/topic/us-mexico-border">U.S.-Mexico border</a> on Friday where she called for tighter asylum restrictions and vowed to make the smuggling of deadly <a href="https://www.benzinga.com/topic/fentanyl">fentanyl</a> a &#8220;top priority&#8221; as she laid out plans to fix what she called "our broken immigration system.&#8221;  
In her first trip to the southern border, Harris said <a href="https://www.benzinga.com/news/24/09/41078459/vice-president-harris-promises-tougher-border-security-and-immigration-reform-in-arizona">she'd take action</a> to keep the border closed between ports of entry. "Those who cross our borders unlawfully will be apprehended and removed and barred from re-entering for five years,&#8221; Harris said in Douglas, Arizona.
The VP also took the opportunity to lash out at her opponent, Donald Trump, who she accused of &#8220;fanning the flames of fear and division&#8221; over the impact of immigrants in the U.S.
<h2 class="wp-block-heading">Trump: &#8216;Worst Border Crisis In The History Of The World&#8217;</h2>
With immigration and border security a top issue for voters and with Arizona being a tightly contested state, Trump jumped right. &#8220;The architect of this destruction is Kamala Harris,&#8221; he said at Trump Tower in Manhattan on Friday. &#8220;She keeps talking about how she supposedly wants to fix the border. We would merely ask, Why didn&#8217;t she do it four years ago? It&#8217;s a very simple question.&#8221;
Read Also: <a href="https://www.benzinga.com/news/24/09/41078593/democratic-presidential-nominee-kamal-harris-slightly-ahead-of-trump-in-6-key-battleground-states-po">Democratic Presidential Nominee Kamala Harris Slightly Ahead Of Trump In 6 Key Battleground States: Poll</a>
Prior to Harris's Arizona trip, Trump <a href="https://www.reuters.com/world/us/harris-visits-us-southern-border-trump-focuses-immigration-2024-09-27/">told</a> the media on Thursday, also at Trump Tower that "For nearly four years, we have been living through the worst border crisis in the history of the world. There's never been anything like it, which has brought untold suffering, misery, and death upon our land."
He accused Harris of turning small US towns into &#8220;blighted refugee camps.&#8221;
"Americans have watched their communities destroyed by this sudden, suffocating inundation of illegal aliens. It's an inundation. It's an invasion," Trump said. "This influx has overwhelmed our schools. They're taking the seats of students that can no longer go there, and they don't even speak English."
<h2 class="wp-block-heading">Deadly Fentanyl And Mexican Cartels</h2>
Harris vowed to target the &#8220;entire global fentanyl supply chain" by increasing funding to prosecute criminal organizations, fentanyl manufacturers and smugglers, likely referring to <a href="https://www.benzinga.com/markets/cannabis/23/04/31821659/us-justice-dept-charges-el-chapos-sons-and-other-sinaloa-cartel-members-in-fentanyl-trafficking">Mexico's Sinaloa cartel</a>. The&nbsp;<a href="https://www.benzinga.com/markets/cannabis/23/01/30298349/el-chapos-son-capo-of-mexicos-biggest-drug-cartel-captured-revenge-and-violence-spreading-in-sin" target="_blank" rel="noreferrer noopener">DEA has said</a>&nbsp;that most of the fentanyl trafficked across the southern border comes from the Sinaloa cartel, despite the fact that its leader&nbsp;Joaquin &#8220;El Chapo&#8221; Guzmán&nbsp;is serving a&nbsp;<a href="https://www.benzinga.com/markets/cannabis/23/01/30516394/el-chapo-wants-to-serve-his-sentence-at-home-does-mexico-have-a-prison-secure-enough-to-hold-him" target="_blank" rel="noreferrer noopener">life sentence </a>Colorado&#8217;s Supermax prison.
Fentanyl overdoses are the leading cause of death among Americans between the ages of 18 and 45. Over 107,000 Americans died from drug overdoses in 2023, according to the Centers for Disease Control (CDC).
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</ul>
Photo by Avi Rozen on Shutterstock

Cannabis

Government

Trump Bashes Harris' Border Visit & Immigration Policy: 'Worst Crisis' In History Of World, 'It's An Invasion'

In a recent announcement, Elon Musk, the founder of SpaceX, has set a new target for human colonization of Mars by 2030. However, despite the ambitious timeline, experts in the field have expressed doubts <a href="https://www.benzinga.com/news/21/08/22502059/elon-musk-says-spacex-will-probably-be-ready-to-land-humans-on-moon-before-2024">about the feasibility of this plan.</a>
What Happened: Musk&#8217;s latest plan involves launching approximately five uncrewed Starship rockets to Mars in 2026. Depending on the success of these initial missions, the first crewed missions could take off two to four years later. 
This isn&#8217;t the first time Musk has set ambitious goals for Mars colonization. Back in 2016, he predicted that manned missions to Mars could commence as early as 2022, <a href="https://www.businessinsider.com/elon-musk-spacex-plan-colonize-mars-dont-count-on-it-2024-9">reports</a> Business Insider.
While experts have labeled SpaceX&#8217;s timeline as ambitious and perhaps overly optimistic, they also acknowledge that this aligns with the company&#8217;s strategy of setting audacious goals to propel the industry forward, even if they don&#8217;t always meet them. 
Philip Metzger, a former NASA scientist and professor of planetary science at the University of Central Florida, stated, &#8220;We have never been so close to sending humans to Mars.&#8221;
&#8220;I think Musk&#8217;s timeline will prove a bit optimistic, but even accounting for that, we are on the threshold of a new era,&#8221; Metzger said.
The main challenge with any Mars mission is timing. Space agencies plan their missions during windows when Mars and Earth are closest to conserve fuel and resources. 
Also Read: <a href="https://www.benzinga.com/news/24/09/40969744/mark-cuban-embraces-elon-musks-humor-i-have-no-problem-throwing-elon-under-the-bus-but-ill-save-it-f">Mark Cuban Embraces Elon Musk&#8217;s Humor: &#8216;I Have No Problem Throwing Elon Under The Bus, But I&#8217;ll Save It For When It&#8217;s Truly Deserved&#8217;</a>
According to Musk, SpaceX plans to launch five uncrewed Starship rockets to Mars during the first window in 2026. Each Starship would require at least four refueling flights, indicating a need for a significant number of launches in a short timeframe.
Analysts suggest that crewed flights to Mars in 2031 or 2033 are more realistic for SpaceX. They also point out that the biggest hurdle Musk will face in achieving his timeline may be regulatory rather than technical. 
&#8220;The Mars departure window is limited to roughly a month by the alignment of the planets. Musk plans to send five Starships to Mars in the first cycle, so that will require about 25 launches in a short period,&#8221; Metzger said. 
&#8220;The biggest challenge will probably be getting mission launch approval from the Federal Aviation Administration (FAA),&#8221; he added.
Matthew Weinzierl, professor of business administration at Harvard Business School and expert in the economics of space told the outlet, &#8220;I would argue that it&#8217;s less important whether SpaceX gets to Mars with crew in four to six years than that SpaceX is authentically trying to do so.&#8221; 
&#8220;That kind of vision will continue to draw talent and capital to space that will fuel countless innovations on the way to Mars settlement, most of which will benefit primarily those of us on Earth,&#8221; Weinzierl added.
Why It Matters: Musk&#8217;s ambitious plans for Mars colonization are a testament to SpaceX&#8217;s commitment to pushing the boundaries of space exploration. 
However, the timeline and the technical and regulatory challenges ahead highlight the complexity of such an endeavor. 
The success of these missions could potentially revolutionize our understanding of space and pave the way for future interplanetary travel.
Read Next
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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.

Tech

Elon Musk Aims For Mars by 2030, But Experts Say Don't Count On It

Iowa Democrats are prioritizing cannabis legalization in their 2025 legislative agenda, said House Minority Leader Jennifer Konfrst during a recent conference.
Through this agenda, Democrats are aiming to rally voter support and expand their representation in the Iowa House. With Republicans <a href="https://www.benzinga.com/markets/cannabis/24/05/38917867/iowa-gop-governor-signs-bill-limiting-thc-content-in-hemp-derived-consumable-products">holding a majority</a>, Democrats see marijuana reform, among public education, reproductive freedom and reducing costs for families as critical issues that could sway undecided voters, <a href="https://iowacapitaldispatch.com/briefs/iowa-house-democrats-2025-session-agenda-includes-abortion-rights-marijuana-legalization/">reported</a> Iowa Dispatch.
<h3 class="wp-block-heading">Focus On Cannabis Legalization</h3>
Konfrst noted that more than 60% of Iowans support marijuana legalization.
&#8220;These are issues that are reflected and supported by more than 50% of Iowans, not just Democrats,&#8221; Konfrst said. Democrats say the aligning with public opinion on cannabis will help them gain momentum going into the 2025 session.
The changing landscape also plays a significant role in the push for legalization.
House Minority Whip Lindsay James pointed out that neighboring states like Illinois and Wisconsin have already legalized cannabis and that weed products are making their way into Iowa, putting pressure on lawmakers. "We want to regulate it so that we can have a safe product and keep it out of the hands of kids," James said.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/06/39460763/iowa-beverage-companies-file-lawsuit-challenging-state-changes-to-thc-potency-restrictions">Iowa Beverage Companies File Lawsuit Challenging State Changes To THC Potency Restrictions</a>
<h3 class="wp-block-heading">Reproductive Freedom</h3>
In addition to cannabis reform, Iowa Democrats are also pushing for <a href="https://www.benzinga.com/markets/cannabis/23/11/35664155/ohio-legalizes-cannabis-and-overwhelmingly-approves-abortion-rights">reproductive freedom</a>.
They are seeking to restore abortion rights and have committed to introduce a constitutional amendment ensuring them. They intend to fight the six-week abortion ban currently in place, while also working on expanding exemptions and clarifying existing laws to protect reproductive health.
<ul>
<li>Read Next:<a href="https://www.benzinga.com/markets/cannabis/24/08/40168379/federal-court-upholds-iowas-new-hemp-restrictions-is-the-industry-doomed"> Federal Court Upholds Iowa&#8217;s New Hemp Restrictions, Is The Industry Doomed?</a></li>
</ul>
Cover: AI generated image

Regulations

Legal

Markets

Iowa Democrats Are Betting On Cannabis Reform And Abortion Rights To Boost Numbers In House

In a recent development, Meta Platforms Inc subtly hinted at CEO Mark Zuckerberg&#8216;s ongoing commitment to efficiency. The WiFi password at a Meta event, &#8220;effici3ncy,&#8221; served as a symbolic representation of the <a href="https://www.benzinga.com/news/23/02/30971691/thousand-of-meta-workers-receive-poor-performance-ratings-signaling-potential-layoffs-report">company&#8217;s cost-cutting measures</a>.
What Happened: According to a report, the WiFi password at the Meta Connect conference in Silicon Valley was &#8220;effici3ncy.&#8221; This discovery was shared on Threads by a tech reporter, a post that Zuckerberg liked, indicating his continued focus on efficiency.
Throughout 2023, Zuckerberg led a &#8220;year of efficiency&#8221; at Meta, implementing drastic cost-saving measures that included job cuts, management layer reductions, and further cuts to vice-president ranks in 2024.
Also Read: <a href="https://www.benzinga.com/news/24/08/40301119/musk-vs-zuckerberg-whos-winning-the-social-media-war">Musk Vs Zuckerberg: Who&#8217;s Winning The Social Media War?</a>
As per the report <a href="https://www.businessinsider.com/meta-mark-zuckerberg-efficiency-obsession-wifi-password-2024-9">by</a> Business Insider, despite these cost-cutting initiatives, Meta has been heavily investing in AI, GPUs, and data centers. These investments are aimed at keeping the company competitive against tech giants such as OpenAI, Microsoft, Google, and Amazon.
The WiFi password at the conference suggests that Zuckerberg remains committed to efficiency, even as the company continues to fund expensive AI projects, such as its Llama open-source AI models.
Why It Matters: The focus on efficiency is a strategic move by Zuckerberg to streamline operations and reduce costs. This approach is particularly important as the company continues to invest heavily in AI and other expensive technologies. 
By maintaining a balance between cost-cutting and investment, Meta aims to remain competitive in the tech industry.
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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.

Decoding Zuckerberg's Efficiency Mantra: A Wifi Password Speaks Volumes

Shaquille O'Neal, known as Shaq to many, has been outspoken on many topics, including basketball and politics. A past interview revealed that O'Neal shared positive comments on Donald Trump, who is running for president once again in<a href="https://www.benzinga.com/topic/2024-election"> the 2024 election.</a>
What Happened: In a previous interview,<a href="https://www.benzinga.com/general/sports/24/09/40866143/shaquille-oneal-reflects-on-divorce-fatherhood-and-personal-accountability-i-was-lost-76-000-squar"> Shaquille O'Neal </a>acknowledged his friendship with Donald Trump and said he believes the then-presidential candidate was misunderstood before the 2016 election.
"Donald Trump speaks to an eclectic type audience," O'Neal <a href="https://www.youtube.com/watch?v=b329eUPKQVg">said</a>.
The former NBA star acknowledged that while Donald Trump speaks his mind, he often delivers his messages poorly.
"I just think he says it wrong."
O'Neal acknowledged that Trump has no problem telling people to tuck in their shirts or pointing things out.
"Donald's like a straight-up guy. He's a straight-forward guy."
Benzinga reached out to O&#8217;Neal&#8217;s team for an update on his current views regarding Trump, but no comment was provided.
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O'Neal's History in Politics: During the interview, O'Neal was asked if we would ever see him in politics to which he replied "never."
Interestingly enough, O'Neal <a href="https://x.com/SHAQ/status/1710634636127146277">tweeted </a>a picture of himself with a &#8220;2024 Shaq For President&#8221; shirt in 2024 and asked if people would vote for him, as a potential joke or to test the waters.
While O'Neal mentioned his friendship with Trump and the positive aspects of the president before the 2016 election, he did not vote for his friend.
During a 2020 <a href="https://www.cbsnews.com/news/shaquille-o-neal-election-voting-first-time-at-48/">episode </a>of Shaq's podcast "The Big Podcast with Shaq," the former NBA star revealed that he had never previously voted.
"You know I always like being honest on my podcast. I've never voted before, America," O'Neal said. &#8220;But, now I'm doing all these voting campaigns, and you know, one thing I never like to do is be a hypocrite.&#8221;
O'Neal admitted to using a mail-in ballot for the 2020 election, but did not share who he voted for.
"In other words, America, I voted for the first time, and it feels good."
O'Neal admitted to not understanding the electoral college system, mentioning that Hillary Clinton won the popular vote in the 2016 election, but lost to Trump, who had more electoral votes than her.
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Photo: Shutterstock

Sports

Shaq Called Trump 'A Straight-Up Guy' Before Presidency, 'I Think He Just Says It Wrong' – But Did The NBA Legend Actually Vote For Trump In 2016?

Former President Donald Trump has hinted at possible legal repercussions for Google, accusing the tech behemoth of meddling with the forthcoming <a href="https://www.benzinga.com/news/24/09/40869733/trump-stumbles-again-over-health-care-issues-involving-abortion-and-obamacare">election by skewing search results</a>.
What Happened: Trump has alleged that Google was intentionally showcasing negative stories about him while highlighting positive ones about Vice President Kamala Harris. 
Labeling this as an &#8220;unlawful activity,&#8221; Trump warned of potential prosecution should he emerge victorious in the November election.
The former president&#8217;s claims appear to be based on a recent study conducted by the Media Research Center, a right-wing watchdog group. The study infers that Google&#8217;s search results about political candidates are biased, favoring articles from liberal news outlets.
Also Read: <a href="https://www.benzinga.com/news/24/01/36709679/employees-slam-google-leaderships-vision-in-wake-of-layoffs-they-are-all-profoundly-boring-and-glass">Employees Slam Google Leadership&#8217;s Vision In Wake Of Layoffs: &#8216;They Are All Profoundly Boring And Glassy-eyed&#8217;</a>
In a <a href="https://truthsocial.com/@realDonaldTrump/posts/113210776247146944">post</a> on Truth Social, Trump said, &#8220;It has been determined that Google has illegally used a system of only revealing and displaying bad stories about Donald J. Trump, some made up for this purpose while, at the same time, only revealing good stories about Comrade Kamala Harris.&#8221;
&#8220;This is an ILLEGAL ACTIVITY, and hopefully the Justice Department will criminally prosecute them for this blatant Interference of Elections. If not, and subject to the Laws of our Country, I will request their prosecution, at the maximum levels, when I win the Election, and become President of the United States!&#8221; Trump added in his post. 
Responding to Trump&#8217;s allegations, Google reiterated its earlier statement regarding the Media Research Center report. According to the New York Times <a href="https://www.nytimes.com/2024/09/27/us/politics/trump-google-prosecute.html">report</a>, a company representative stated, &#8220;Both campaign websites consistently appear at the top of Search for relevant and common search queries.&#8221; 
Also Read:&nbsp;<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" target="_blank" rel="noreferrer noopener">Trump Vs Harris: New Poll Reveals Post-Debate Swing Towards This Candidate In Key State</a>
The spokesperson further clarified that the report was predicated on a single, uncommon search term on a specific day, and even for that search, both candidates&#8217; websites were among the top results on Google.
Why It Matters: This is not the first time that Google has been accused of political bias. The company has faced similar allegations in the past, with critics arguing that its algorithms favor certain political ideologies. 
However, Google has consistently denied these claims, maintaining that its search algorithms are designed to provide the most relevant and useful results to users, irrespective of political affiliation.
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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.

Trump Vs. Google: Former President Alleges Search Engine Bias, Says 'It's Only Showing Bad Stories About Him'

If you're a fan of the hit TV show &#8220;Pawn Stars,&#8221; you're probably familiar with Rick Harrison, the guy behind the Gold &amp; Silver pawnshop in Las Vegas. But recently, Rick has been making headlines for something other than his TV show – his vocal support for Donald Trump and his criticism of Kamala Harris's economic policies.
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During a recent Trump rally in Las Vegas, Rick took the stage and didn't hold back. Despite being asked to speak just minutes before going on, he was ready to <a href="https://www.youtube.com/watch?v=HXUMhjHETxI">share his thoughts</a>. &#8220;Not once in the history of the world has a country been taxed into prosperity,&#8221; he said, warning the crowd about Harris's potential tax hikes. &#8220;Socialism doesn't work,&#8221; he added, drawing cheers from the audience.
Rick&#8217;s main concern is that Harris and the Democrats want to micromanage people&#8217;s lives from &#8220;cradle to grave.&#8221; For him, it's all about keeping the government out of our way and letting Americans make their own choices.
<hr class="wp-block-separator has-alpha-channel-opacity" />
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<hr class="wp-block-separator has-alpha-channel-opacity" />
He even told a personal tale about his son, who tragically died from fentanyl overdose recently. To Rick, at least some of this tragedy could be attributed to the lax border policy of the present administration.&nbsp;
However, he also emphasized Trump&#8217;s support throughout his difficult period. &#8220;The day after my son died, Trump called me. Biden didn't,&#8221; he said, demonstrating his allegiance to Trump.
Despite his reality TV fame, Rick's passionate political stance shows he's not afraid to speak his mind. He's convinced that Nevada – and the country – will rally behind Trump in the upcoming election.
<hr class="wp-block-separator has-alpha-channel-opacity" />
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<hr class="wp-block-separator has-alpha-channel-opacity" />
However, Harris's economic plan includes both tax cuts and tax hikes. She wants to bring back and <a href="https://www.benzinga.com/personal-finance/24/08/40553507/a-6-000-child-tax-credit-expansion-for-new-parents-kamala-harris-just-proposed-a-big-change-here">expand tax credits like the Child Tax Credit</a>, which could give families with newborns up to $6,000 per child. One of her proposed policies is also increasing the tax break for <a href="https://www.benzinga.com/news/24/09/40699439/kamala-harris-to-unveil-50k-tax-deduction-for-small-businesses-to-counter-trumps-economic-policies-a">startup expenses from $5,000 to $50,000</a>. As she put it, &#8220;It's essentially a tax cut for starting a small business.&#8221;
See Also: The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a>
On the other side, she plans to <a href="https://www.benzinga.com/government/24/08/40451351/kamala-harris-wants-to-raise-corporate-tax-rate-to-28-erasing-part-of-trumps-signature-tax-cuts">raise the corporate tax rate from 21% to 28%</a> and increase the tax on companies buying back their stock from 1% to 4%. For people earning over $400,000 a year, she's proposing a higher income tax rate of 39.6%, and for those making over $1 million, <a href="https://www.benzinga.com/news/24/09/40722526/kamala-harris-reveals-28-capital-gains-tax-for-high-earners-toning-down-bidens-proposed-rates-ahead">she wants to tax long-term capital gains at 28%</a>.
Harrison let his dry humor shine through during his short speech when he joked about Kamala Harris's promises. &#8220;I love it when Kamala Harris says on day one she&#8217;s going to do this and this and this, when, you know … just do it, you&#8217;re there already. I mean, like, literally, you could go into the White House and do it, and Biden wouldn&#8217;t even know you were doing it,&#8221; he quipped.
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'Socialism Doesn't Work' – You Enjoyed Watching Him On Cable TV, Now He's Slamming Kamala Harris' Fiscal Policies At Trump Rallies

<a href="https://www.benzinga.com/topic/robert-f-kennedy-jr-0" target="_blank" rel="noreferrer noopener">Robert F. Kennedy Jr.</a> will remain on Wisconsin&#8217;s presidential ballot, as the state Supreme Court <a href="https://www.benzinga.com/news/24/09/40681794/rfk-jr-fought-to-have-his-name-on-the-ballot-in-north-carolina-hes-now-fighting-to-get-it-removed-bi" target="_blank" rel="noreferrer noopener">delivered a bold ruling on Friday.</a>
They upheld a lower court&#8217;s decision that candidates can only be removed from the ballot if they pass away, <a href="https://apnews.com/article/robert-kennedy-jr-rfk-wisconsin-ballot-6c0bdcb4002ac250a531d7e5ce89d7b5">reported</a> AP News.
Kennedy&#8217;s potential role in a second Donald Trump administration has been a <a href="https://www.benzinga.com/news/24/07/39898056/robert-kennedy-jr-eyes-role-in-trumps-administration-amid-endorsement-chatter-report" target="_blank" rel="noreferrer noopener">topic of discussion</a> for some time.
According to a Benzinga report from July, Kennedy, then an independent presidential candidate, had talks with Trump about endorsing his campaign and possibly taking up a senior role in his administration.
In August, Kennedy&nbsp;<a target="_blank" href="https://www.benzinga.com/general/politics/24/08/40535286/rfk-jr-suspends-2024-presidential-campaign-endorses-trump-to-block-democrats-from-white-house" rel="noreferrer noopener">suspended his presidential campaign</a>&nbsp;and endorsed Trump. He stated that he didn&#8217;t believe he had a real chance of winning the 2024 election and that his continued presence in the race would result in a Democratic Party victory.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/cannabis/24/09/40741505/robert-kennedy-jr-says-vp-harris-flip-flopped-on-cannabis-and-cant-put-together-an-english-sente" rel="noreferrer noopener">Robert Kennedy Jr. Says VP Harris Flip-Flopped On Cannabis And Can&#8217;t &#8216;Put Together An English Sentence&#8217;</a>
The latest unanimous ruling from the liberal-led court adds yet another twist to Kennedy&#8217;s attempts to pull his name from ballots in critical battleground states, where the competition between Republican Trump and Democratic nominee Kamala Harris is intensifying.
The ruling arrived after over 418,000 absentee ballots were already dispatched to voters. As of Thursday, nearly 28,000 of those had been returned, according to the Wisconsin Elections Commission.
On September 3, Kennedy filed a lawsuit in Wisconsin, seeking a court order to have his name removed from the ballot, AP News added. He contended that third-party candidates face discrimination, as state law treats them differently than Republican and Democratic presidential contenders.
On September 16, Dane County Circuit Judge Stephen Ehlke ruled that Wisconsin law explicitly states that once candidates submit valid nomination papers, they stay on the ballot unless they pass away. The judge noted that numerous election clerks had already printed ballots featuring Kennedy&#8217;s name.
Independent and third-party candidates could play a crucial role in Wisconsin, where four of the last six presidential elections were decided by margins ranging from about 5,700 to 23,000 votes. In 2016, Green Party candidate Jill Stein received over 31,000 votes, surpassing Trump&#8217;s winning margin of just under 23,000. Some Democrats attributed Trump&#8217;s victory in the state and the presidency to Stein&#8217;s candidacy, AP News added.
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Kennedy Campaign Rollercoaster: Wisconsin Supreme Court Keeps RFK Jr. On Swing State Ballot

The leader of Hezbollah, Hassan Nasrallah, has been killed in an Israeli airstrike in Beirut, Lebanon. The Israeli military confirmed the news on Saturday.
What Happened: The Israeli military confirmed the death of Hassan Nasrallah, the leader of the Iran-backed group Hezbollah, in an airstrike on Friday. Hezbollah also confirmed Nasrallah&#8217;s death, stating that their long-serving leader &#8220;has joined his fellow martyrs.&#8221;
According to the report <a href="https://www.cbsnews.com/amp/news/israel-lebanon-hezbollah-hassan-nasrallah-killed-beirut-strike/">by</a> CBS News, the airstrike targeted Hezbollah&#8217;s &#8220;central headquarters&#8221; in Beirut&#8217;s southern suburbs, a stronghold of the group. Nasrallah had led the group for 30 years and was known for his threats against Israel and the U.S. presence in Lebanon.
Israeli Army Chief of Staff Lieutenant General Herzi Halevi stated that Nasrallah&#8217;s killing demonstrated Israel&#8217;s ability to reach those who threaten its citizens. The strike also resulted in the death of Ali Karki, the Commander of Hezbollah&#8217;s Southern Front, and other Hezbollah commanders.
The airstrike was part of a series of explosions targeting Hezbollah leaders, who have been firing rockets and drones into Israel for nearly a year. The strike caused significant damage in Beirut, killing at least six people and injuring 91, according to Lebanon&#8217;s health ministry.
Also Read: <a href="https://www.benzinga.com/news/24/04/38240360/what-a-full-blown-war-between-israel-and-iran-could-entail-according-to-one-report">What A Full-Blown War Between Israel And Iran Could Entail, According To One Report</a>
Israeli officials have stated that the objective of the strike was to create a significant leadership gap within Hezbollah. The scope of Israel&#8217;s operation in Lebanon remains unclear, but a ground invasion is a possibility.
Israeli Prime Minister Benjamin Netanyahu cut short a visit to the United States to return home following the strikes. The U.S. was not given advance warning of the strikes, according to the Pentagon.
Why It Matters: The death of Nasrallah is a significant blow to Hezbollah, a group that has been a thorn in the side of Israel for decades. 
Nasrallah&#8217;s leadership was instrumental in the group&#8217;s operations and his death could potentially create a power vacuum within the organization. 
The strike also sends a clear message about Israel&#8217;s military capabilities and its determination to neutralize threats to its citizens. The repercussions of this event could have far-reaching implications for the region and beyond.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Wikimedia Commons

Global

Israel Tightens Grip: Hezbollah Leader Hassan Nasrallah Killed

Charles Coristine, a 52-year-old former <a href="https://www.benzinga.com/news/24/09/40936476/wall-streets-most-accurate-analysts-give-their-take-on-3-financials-stocks-with-over-12-dividend-yie">Wall Street</a> executive, took a significant risk that most would never imagine. He left his career in finance to take over an organic snack company called LesserEvil. He purchased the struggling company in 2011 for $250,000 using his savings. And while he knew next to nothing about the food industry, the brand is now thriving with $103 million in annual revenue and poised to hit $165 million this year.&nbsp;
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<h2 class="wp-block-heading">How It Started</h2>
Coristine wasn't happy with his path in life. After 17 years in finance, he started feeling anxious and burnt out. He wanted a new path. He was working crazy hours to trade all day in the U.S. and then trade with Tokyo and London all night. "I felt like I wasn&#8217;t in my skin, I was anxious, and I knew at that point that I needed to take some time off," Coristine said.&nbsp;
In 2009, he stepped back and enrolled in an <a href="https://www.benzinga.com/personal-finance/24/03/37988833/rich-dad-poor-dad-author-kiyosaki-says-college-graduates-with-an-mba-arent-worth-anything-better">MBA program</a> at Cornell University. In 2010, he met LesserEvil's previous owner, who wanted to sell the company. Despite little knowledge of the food industry, Coristine saw potential in the brand and leapt.&nbsp;
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<h2 class="wp-block-heading">Building LesserEvil</h2>
When Coristine purchased LesserEvil, the company generated about $900,000 in annual revenue, which wasn't profitable considering the personnel, machinery, and materials needed to keep up with production.&nbsp;
"It just didn&#8217;t have enough in sales," Coristine said. "I mean, to cover salaries and office space and the copackers – copackers take like 20%. I think the big thing was trying to change the packaging. At the end of the day, if the product is selling well, I think they like the packaging. This product was not selling that well."
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Coristine partnered with Andrew Strife, a business school friend, to focus on improving product quality and rebranding. In 2013, they acquired a 5,000-square-foot factory in Danbury, Connecticut, which gave them more space and control to produce better snacks.&nbsp;
They had a breakthrough when they tested coconut oil with their popcorn. It gave the popcorn a buttery flavor without needing traditional and less healthy oils. This breakthrough launched a new product: Himalayan Pink popcorn. By 2014, the new popcorn helped generate $2 million in sales.&nbsp;
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<h2 class="wp-block-heading">Scaling Up</h2>
LesserEvil's popularity continued to grow with its new products and branding, to the point that it needed to expand by renting a 20,000-square-foot facility to keep up with demand. Major retailers like <a href="https://www.benzinga.com/money/buy-whole-foods-stock">Whole Foods</a>, Costco and <a href="https://www.benzinga.com/markets/equities/24/09/40937873/walmart-steps-up-holiday-game-inflation-free-thanksgiving-meal-returns">Walmart</a> now sell LesserEvil products nationwide.&nbsp;
In 2023, the company hit $103 million in sales. In 2024, they secured a $19 million round of funding to buy out prior investors and opened a new 30,000-square-foot factory. This year, they are on track to hit $165 million in sales.&nbsp;
Today, LesserEvil is more than just a snack company; it symbolizes how passion and a willingness to take risks can lead to great success. Coristine believes that the company's focus on making better, healthier versions of mainstream snacks has been a key factor for their growth. "We've got a really bright future, and I think that we could be around for a long time," Coristine said.
Are you looking to make a significant financial change? Consider talking with a <a href="https://www.benzinga.com/money/best-online-financial-advisors">financial advisor </a>to help outline your current financial strategy and get a realistic view of your options.&nbsp;
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From Wall Street To Snack Success: How Charles Coristine Turned LesserEvil From A $250,000 Gamble Into A $103 Million Brand

Electric-vehicle stocks finished the week ended Sept. 27 mostly higher, with industry leader Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Chinese startups leading the charge. Investors piled into Tesla ahead of some stock-specific catalysts scheduled for October. Chinese EV makers rode on the positive sentiment generated by <a href="https://www.benzinga.com/opinion/24/09/41053956/a-win-either-way-trade-on-chinas-new-stimulus-package">China announcing stimulus measures</a> to reinvigorate domestic growth.
Here&#8217;s a rundown on what happened in the EV space during the week:
Tesla China Strength Continues: Weekly insured registrations data out of China showed a fairly strong 13,800 Tesla EVs were registered in the week of Sept. 16-22, down 11.54% from 15,600 in the previous reporting week, CnEVPost&nbsp;<a href="https://cnevpost.com/2024/09/24/china-ev-insurance-registrations-week-ending-sept-22-2024/" target="_blank" rel="noreferrer noopener">reported,&nbsp;</a>citing data from&nbsp;Li Auto, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>). Commenting on the number, Future Fund's&nbsp;Gary Black&nbsp;said the performance has come despite a two-day Mid-Autumn Festival national holiday. Through 12 weeks, third-quarter deliveries were up 18.5% year-over-year and 19.9% higher than the previous quarter, he said. &#8220;Still on track for TSLA China&#8217;s best quarter ever,&#8221; he added.
It appears to be Tesla China is benefiting from incentivizing sales. The company has extended its five-year, zero-interest financing program for made-in-China Model 3 and Model Y variants until the end of October. This could set off worries concerning further margin erosion. More details regarding the margin impact of the zero-interest financing would be known when the company reports its third-quarter results in late-October.
Analysts are modeling a third-quarter deliveries beat, primarily due to the China strength even as the European region has remained a sore spot. Barclays analyst Dan Levy said in a note he expects third-quarter deliveries of 470,000 units, above the consensus estimate of 461,000 units.&nbsp;Wedbush&#8217;s Daniel Ives expects sales to trump the consensus forecast and also the whisper number of 465,000-470,000 units. &#8220;We believe 3Q will provide a solid rebound looking to 2H for the company as China continues to heat up and price/demand stabilization has continuously been seen throughout the quarter,&#8221; he said.
Rivian Snags A Downgrade: Morgan Stanley&#8217;s Adam Jonas downgraded Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) shares from Overweight to Equal-Weight and also cut the price target from $16 to $13. The analyst said his downgrade was due to the incorporation of the capital intensity of autonomous vehicle/autonomous driver assistance system which may be required to fulfill the technological underpinnings that attracted Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>) as a JV partner. <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39506950/volkswagens-rivian-investment-de-risks-future-growth-plans-but-funding-isnt-free-7-">Rivian struck a partnership with the German automaker</a>, which provided it with a $5 billion investment.
Jonas raised his annual capex estimate for Rivian by $200 million to $300 million per year, beginning in 2026. He also pointed out the uncertainty regarding the cost structure of the joint venture.
See Also: <a href="https://www.benzinga.com/money/best-electric-vehicle-stocks">Best EV Stocks</a>
Canoo Launches In UK: Struggling EV startup Canoo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) announced this week it is officially launching in the U.K. by establishing Canoo Technologies UK Limited. The company said it has selected Bicester Motion, a former WWII Royal Air Force base, as a key location that reflects the company's spirit of innovation and commitment to sustainability. &#8220;This move signifies a pivotal step in Canoo's global expansion, setting the stage for the company to introduce groundbreaking commercial electric vehicle (EV) solutions to the UK,&#8221; the company said in a statement.
On the flipside, TechCrunch <a href="https://techcrunch.com/2024/09/27/canoo-hit-with-two-supplier-lawsuits-as-last-remaining-co-founder-leaves/">reported</a> that Canoo&#8217;s senior director of advanced vehicle engineering Christoph Kuttner, the last of the co-founders from the team of nine that founded the company in late-2017, has quit. The report also said the company has been hit with two new lawsuits from suppliers linked to the drivetrains that power its electric vehicles.
Nio Begins ONVO L60 Deliveries: Chinese EV startup Nio, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) on Saturday started deliveries of its first-ever low-end EV rolled out under the ONVO brand name, CnEVPost reported. The Shanghai-based EV maker is currently pushing out the L60 with a 60-kWh battery pack, and deliveries of long-range vehicles with an 85-kWh pack are expected to begin in December. Sales of the EV began Sept. 19 at a starting price of 206,900 yuan ($29,510), and if the battery is leased, the model would be cheaper. The launch of the vehicle is important as it is pitched against Tesla&#8217;s best-selling Model Y vehicle.
GM Teams Up To Launch Fastest Charging EV Battery: Legacy automaker General Motors Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and its Chinese joint venture partner SAIC have joined hands with battery giant CATL to roll out the fastest-charging EV battery, CnEVPost <a href="https://cnevpost.com/2024/09/26/saic-gm-catl-launch-battery-6c-charging/">reported</a>. The battery is based on lithium-iron-phosphate chemistry that would supports 6C ultra-fast charging.
The KraneShares Electric Vehicles and Future Mobility&nbsp;Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KARS#NYSE">KARS</a>) rose 3.39 on Friday before ending at $22.51, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>. For the week, the ETF raced 16.51% higher. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
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Here&#8217;s how the EV stocks fared this week:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Weekly Change (+/-)</td>
</tr>
<tr>
<td>Tesla</td>
<td>+9.32%</td>
</tr>
<tr>
<td>Nio</td>
<td>+23.49%</td>
</tr>
<tr>
<td>XPeng, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>)</td>
<td>+32.50%</td>
</tr>
<tr>
<td>Li Auto, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)</td>
<td>+19.68%</td>
</tr>
<tr>
<td>Workhorse, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>)</td>
<td>+24.08%</td>
</tr>
<tr>
<td>Hyzon Motors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>)</td>
<td>+14.47%</td>
</tr>
<tr>
<td>Canoo</td>
<td>+5.94%</td>
</tr>
<tr>
<td>Rivian </td>
<td>-0.94%</td>
</tr>
<tr>
<td>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>)</td>
<td>+2.87%</td>
</tr>
<tr>
<td>Faraday Future </td>
<td>-17.51%</td>
</tr>
<tr>
<td>Nikola Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>)</td>
<td>-14.71%</td>
</tr>
<tr>
<td>VinFast Auto Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>)</td>
<td>+7.10%</td>
</tr>
</tbody>
</table>
</figure>

Analyst Color

GOEV

HYZN

KARS

LCID

NKLA

RIVN

TSLA

VWAGY

WKHS

XPEV

Tesla Analysts Brace For Q3 Sales Beat, Rivian Loses A Bull, Canoo Drives Across The Atlantic And More: Biggest EV Stories Of The Week

As affluent buyers flock to the Southeast U.S. for a more relaxed lifestyle, a wave of high-end residential projects is launching.
According to Mansion Global, a new luxury community near iconic Disney World is among the most anticipated developments.
Located just four miles from Magic Kingdom Park, Four Seasons Private Residences Orlando will offer a collection of 40 elegant homes with access to world-class amenities.
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The project is on five acres adjacent to the Four Seasons Resort Orlando, providing residents access to the resort's five-star amenities, including five pools, sports and fitness facilities, a full-service spa and a championship golf course.
As part of the Golden Oak at Walt Disney World Resort community, residents also will have access to the private clubhouse, fitness center and pool.
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&nbsp;The residential tower, inspired by the resort&#8217;s Spanish Revival style, will feature spacious interiors, floor-to-ceiling windows and private verandas. Residents will also enjoy a private pool with lounge areas, cabanas and a children's water play area.
Sales for the Four Seasons Private Residences Orlando are expected to launch later this year with completion anticipated in early 2026. The project is being developed by Host Hotels &amp; Resorts with architectural design by HKS and interior design by Parker-Torres Design.
Prices are expected to start at more than $5 million.
Trending: Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a>
<h2 class="wp-block-heading">Art Residences Atlanta</h2>
Another new luxury property in the <a href="https://www.benzinga.com/content/39571337/shifting-sands-the-rise-of-luxury-real-estate-in-the-sunbelt-states">Sun Belt</a> is Art Residences <a href="https://www.benzinga.com/real-estate/24/09/41000406/five-emerging-tech-cities-where-home-values-are-surging-alongside-innovation">Atlanta</a>, which features spacious living areas designed to showcase art, expansive interior wall space and ambient lighting.
Developed by Rockefeller Group, Art Residences residents also will have access to professional art consultant T Williams Design, who can provide expert advice on curating their personal art collections.
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The residences have high-end features, including subzero and Wolf Appliances, wine refrigerators, in-wall fireplaces, balconies, white-oak flooring and large laundry rooms.
Communal amenities include a fitness club with adjoining space for personal training and yoga sessions, a resident-only all-season pool with views of Midtown and a clubroom with full kitchen and bar and a private outdoor terrace for relaxing and socializing.
Prices for the eight homes, which went on the market in July, start at $1.7 million with a penthouse priced at $2.1 million.
<h2 class="wp-block-heading">Paramount Nashville</h2>
&nbsp;Paramount, a new residential tower that rises 750 feet above the city, is poised to become Nashville's tallest building. The mixed-use development will feature 360 apartments and 140 condominiums, offering residents a luxurious and sophisticated lifestyle.
The tower's design features faceted surfaces that reflect light in multiple directions. The "crown," composed of triangular glass surfaces that form a diamond shape, will occupy the top four floors and house the most exclusive residences.
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Amenities include a fitness and yoga room, game room, residential lounges, demonstration kitchen, private dining room and coworking space with private study rooms. A 16,000-square-foot open deck includes a pool, lounge chairs, cabanas, grilling stations and an outdoor exercise area.
For condo residents, the 40th floor will have exclusive amenities, including a lounge and bar area, fireplace, lounge, private dining room and catering kitchen.
Pricing is not yet available for the Paramount, which is expected to be completed in 2027.
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Real Estate

Disney Magic Meets Luxury Living – New High-End Developments Hit Southeast

Updated Phase 1 data presented at ESH-iCMLf 26th Annual John Goldman Conference &nbsp;
Reported cumulative MMR rate of 44% (8/18) by 24 weeks, with stable or deepening responses between weeks 12 and 24, which continues to compare favorably to precedent Phase 1 trials of approved BCR::ABL1 TKIs
ELVN-001 remains well-tolerated with no dose reductions reported&nbsp;with 39 patients enrolled and a median treatment duration of 20 weeks at cutoff
BOULDER, Colo., Sept. 28, 2024 (GLOBE NEWSWIRE) -- Enliven Therapeutics, Inc. (Enliven or the Company) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELVN#NASDAQ">ELVN</a>), a clinical-stage biopharmaceutical company focused on the discovery and development of small molecule therapeutics, today announced updated, positive data from the Phase 1 clinical trial evaluating ELVN-001 in patients with chronic myeloid leukemia (CML) that has failed, or the patient is intolerant to or not a candidate for, available therapies known to be active for treatment of their CML (<a href="https://www.globenewswire.com/Tracker?data=7W5qBB0cMOZ3r3yHQ7lQqZKIjvg_18OVCDoV-Kb0LpJ3hpeCkVBbk0obODJZVX9ox2u3bkgl6VCVJxYSUcxpNL643m__t8O6CyJ1jsVsEl-3GjPDcAGESnmY1BuFwZGVdiAfqYOm0cYyqgS6CnLinw==">NCT05304377</a>) at the European Society of Hematology International Chronic Myeloid Leukemia Foundation (ESH-iCMLf) 26th Annual John Goldman Conference.
ELVN-001 is a potent, highly selective, potentially best-in-class small molecule kinase inhibitor designed to specifically target the BCR-ABL gene fusion, the oncogenic driver for patients with CML.

Biotech

ELVN

Enliven Therapeutics Announces Data Update From Phase 1 Clinical Trial Of ELVN-001 In Chronic Myeloid Leukemia; Reported Cumulative MMR Rate Of 44% (8/18) By 24 Weeks, With Stable Or Deepening Responses Between Weeks 12 And 24, Which Continues To Compare Favorably To Precedent Phase 1 Trials Of Approved BCR::ABL1 TKIs

The recent Federal Reserve rate cut has set the stage for potentially lower mortgage rates but industry experts are looking beyond central bank policy to gauge where rates might land by year-end. According to HousingWire&#8217;s lead analyst Logan Mohtashami, the labor market&#8217;s strength – or weakness – will determine how low mortgage rates can go.
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&#8220;The mortgage spread story has been positive in 2024, whereas it was negative in 2023,&#8221; Mohtashami wrote in an analysis issued this week. &#8220;We have seen a big move, which has helped, and we still have some runway left to return to historical norms. This can help get mortgage rates down toward 5.75%.&#8221;
At the start of the year, Mohtashami forecast a range of 5.75% to 7.25% for 30-year rates by the end of 2024. Now, with the average 30-year conforming loan rate sitting at 6.18% as of Wednesday, according to Mortgage News Daily, that prediction is looking increasingly likely.
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The recent downward trend in rates has <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41024067/mortgage-demand-soars-as-fed-interest-rate-cut-fuels-housing-market-revival-next-sp">breathed some life into the housing market</a>, with purchase applications rising for four consecutive weeks – the longest streak of the year, according to the report. However, the impact on home sales has been mixed. While new home sales are on an upward trajectory, existing home sales continue to struggle, falling 2.5% month-over-month in August, per the National Association of Realtors.
Noah Rosenblatt, co-founder of UrbanDigs, a real estate analytics firm, cautions that the housing market has yet to fully stabilize. &#8220;We still have election uncertainty, local policy uncertainty and geopolitical uncertainty that are weighing on investors&#8217; and buyers&#8217; minds that could dampen the depth and duration of this recovery,&#8221; Rosenblatt said.
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Adding to the problem is the fact that many current homeowners are reluctant to sell and take on higher-rate mortgages. A Redfin analysis of Federal Housing Finance Agency data cited by HousingWire showed that six in seven mortgage holders have rates below 6%, creating a &#8220;lock-in&#8221; effect that&#8217;s constraining inventory.
While upcoming economic data releases, including GDP and the Personal Consumption Expenditures Index, are unlikely to move the needle on rates, according to Afifa Suburi, a capital markets analyst at Veterans United Home Loans, all eyes are on the labor market.
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Kevin Ryan, CFO of Better, noted in an interview with HousingWire that Fed policymakers appear more concerned with the labor market than inflation at this point. &#8220;The Fed presumably will continue to stay data dependent within this recalibration thing,&#8221; Ryan said. &#8220;I see a slowly thawing housing sector. If you wake up in 18 months&#8217; time, you&#8217;re going to have rates materially lower.&#8221;
As the year progresses, <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">labor market data, Fed policy</a>, and mortgage spreads will determine whether rates can break below Mohtashami&#8217;s forecast range.&nbsp;
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Fed Cuts Aren't the Key–Labor Will Decide Mortgage Rates, Expert Says

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Economics

iShares MSCI Israel Capped Investable Market Index Fund

ISRA

'Hezbollah Confirms Leader's Death In Israeli Airstrike; The Death Of The Longtime Leader, Hassan Nasrallah, Is A Major Escalation In Israel's Rapidly Expanding Campaign Against The Iran-Backed Group' - NY Times

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas">many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.
The Dow Jones Industrial Average hit a record high Friday as investors analyzed data showing continued progress in lowering inflation. Wall Street posted its third straight week of gains.
The S&amp;P 500 and Dow both rose about 0.6% for the week, while the Nasdaq climbed nearly 1%. The personal consumption expenditures index, the Federal Reserve&#8217;s preferred inflation measure, increased 2.2% in August compared to the previous year, coming in below economists&#8217; expectations. 
This followed the Federal Reserve&#8217;s 0.5% interest rate cut on Sept. 18, the first in <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">more than four years</a>.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
&#8220;<a href="https://www.benzinga.com/news/24/09/41005053/apple-iphone-to-fuel-96-of-2025-revenue-analyst-says-a-safer-bet-than-ai-heavy-amazon-alphabet-micro">Apple iPhone To Fuel 96% Of 2025 Revenue, Analyst Predicts: A Safer Bet Than AI-Heavy Amazon, Alphabet, Microsoft, Meta?</a>&#8221; by <a href="https://www.benzinga.com/author/anusuya-lahiri-0">Anusuya Lahiri</a>, highlights an analyst&#8217;s projection that Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) will derive 96% of its 2025 revenue from iPhone sales, positioning it as a safer investment than AI-focused giants like Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc. (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>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>).
&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41059326/shiba-inu-soars-29-on-shi-stablecoin-update-lead-developer-shytoshi-kusama-teases-breakout">Shiba Inu Soars 29% On SHI Stablecoin Update: Lead Developer Shytoshi Kusama Teases Breakout</a>,&#8221; by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, reports that Shytoshi Kusama teased the impending launch of the SHI stablecoin, which is seen as a crucial development for Shibarium, sparking excitement across the Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) ecosystem.
&#8220;<a href="https://www.benzinga.com/general/biotech/24/09/41034046/popular-ozempic-may-have-new-use-as-semaglutide-drugs-linked-to-reduced-overdose-risk-in-diabetic">Popular Ozempic May Have New Use As Semaglutide Drugs Linked To Reduced Overdose Risk In Diabetic Opioid Users</a>,&#8221; by <a href="https://www.benzinga.com/author/vandana-singh">Vandana Singh</a>, reports that a new study found Novo Nordisk A/S&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) semaglutide, sold as Ozempic and Wegovy, may lower the risk of opioid overdose in patients with both type 2 diabetes and opioid use disorder.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/general/education/24/09/41031059/after-fed-rate-cuts-is-tesla-nvidia-apple-or-amazon-the-best-investment-poll-reveals-top-magnif">After Fed Rate Cuts, Is Tesla, Nvidia, Apple, Or Amazon The Best Investment? Poll Reveals Top Magnificent 7 Stock</a>
<a href="https://www.benzinga.com/news/24/09/41034882/billionaire-tech-ceo-makes-cameo-in-zuckerbergs-meta-connect-show">Billionaire Tech CEO Makes Cameo In Zuckerberg&#8217;s Meta Connect Show</a>
<a href="https://www.benzinga.com/markets/equities/24/09/41023892/palantir-and-apa-amp-up-ai-alliance-multi-million-dollar-deal-to-transform-oil-gas-operations">Palantir And APA Amp Up AI Alliance: Multi-Million Dollar Deal To Transform Oil &amp; Gas Operations</a>
The Bears
&#8220;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40995280/tesla-bull-dampens-enthusiasm-regarding-1010-robotaxi-event-but-heres-what-would-ta">Tesla Bull Dampens Enthusiasm Regarding 10/10 Robotaxi Event But Here&#8217;s What Would Take To Strengthen Fledgling Stock Recovery</a>,&#8221; by <a href="https://www.benzinga.com/author/shanthi-rexaline">Shanthi Rexaline</a>, covers Gary Black&#8216;s skepticism about Tesla Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) upcoming Robotaxi event as a stock catalyst, while highlighting optimism for a potential sub-$30K compact EV launch that could drive long-term growth for Tesla.
&#8220;<a href="https://www.benzinga.com/news/24/09/41016947/crowdstrike-executive-struck-by-regret-in-house-hearing-says-company-determined-to-prevent-instances">CrowdStrike Executive Struck By Regret In House Hearing, Says Company Determined To Prevent Instances Like Microsoft Outage From Repeating</a>,&#8221; by <a href="https://www.benzinga.com/author/ananya-gairola">Ananya Gairola</a>, reports Adam Meyers of CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) apologized to lawmakers for the July global outage caused by a faulty update affecting systems running Microsoft software, promising to prevent future occurrences.
&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41059769/peter-schiff-wants-to-know-if-bitcoin-fans-really-care-about-king-crypto-underperforming-g">Peter Schiff Wants To Know If Bitcoin Fans Really Care About King Crypto Underperforming Gold</a>,&#8221; by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, highlights Peter Schiff&#8216;s critique of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) investors for ignoring its 35% decline against gold since November 2021, despite significant media hype and interest in the cryptocurrency.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41000698/a-deflationary-nuclear-bomb-is-ticking-warns-economist-even-as-inflation-risks-wane">A &#8216;Deflationary Nuclear Bomb&#8217; Is Ticking, Warns Economist, Even As Inflation Risks Wane: &#8216;Cheaper It Gets, Cheaper Everything Gets&#8217;</a>
<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/41049089/treasury-bond-etf-under-pressure-ahead-of-key-inflation-data-what-investors-should-know">Treasury Bond ETF Under Pressure Ahead Of Key Inflation Data: What Investors Should Know</a>
<a href="https://www.benzinga.com/markets/equities/24/09/41053761/american-eagle-sues-amazon-for-trademark-infringement-report">American Eagle Sues Amazon for Trademark Infringement: Report</a>
Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.
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SONY MUSIC MASTERWORKS LAUNCHES NEW JOINT VENTURE WITH UK-BASED LIVE ENTERTAINMENT COMPANY, ROAST PRODUCTIONS

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Sony To Relaunch Japanese Crypto Exchange Whalefin

Sony Electronics Launches Closed Monitor Headphones with High Sound Isolation for Studio Sound Quality Anywhere

Sony Electronics Changes the Game with the INZONE M10S and M9 II - with a New OLED Gaming Monitor Developed with Fnatic

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