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Westwater Resources Inc focused on developing battery-grade natural graphite materials. The company is having one project which is the Westwater's coosa project which is currently used for the mining and extraction of graphite.

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WORLD WIRELESS COMMUN INC by World Wireless Communications Inc.

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Billionaire Warren Buffett is well-known around the world as one of the best investors of all time. The investor, also known as the Oracle of Omaha, is also known for a frugal lifestyle that involves <a href="https://www.benzinga.com/news/24/09/41095962/billionaire-warren-buffett-still-lives-in-an-old-corner-house-he-purchased-for-32k-i-couldnt-imagine">not buying expensive cars and houses.</a>
A cameo on a television show once highlighted Buffett's frugality.
What Happened: Buffett, who is the CEO of Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), has turned the conglomerate <a href="https://www.benzinga.com/general/education/24/08/40652464/warren-buffett-celebrates-94th-birthday-with-1-trillion-market-cap-milestone-a-look-back-at-hig">into a $1 trillion company</a> thanks to investing in and buying companies that fit into the billionaire's buying principles, which can include hunting for value.
The billionaire has lived in the same house in Nebraska since 1958 in one of the biggest examples of the frugal lifestyle of Buffett. Other examples include not buying new vehicles and eating McDonald's food.
In 2011, Buffett was <a href="https://www.nbc.com/nbc-insider/warren-buffets-appearance-on-the-office-explained">featured </a>in a cameo role on the hit television show "The Office." The episode titled "Search Committee" aired on May 19, 2011.
In the episode, Buffett was one of the people who were applying for the role of regional manager at Dunder Mifflin.
"Can you do any better on salary," Buffett's character <a href="https://www.youtube.com/watch?v=vZBwa-THGwM">says </a>in the clip.
"Unfortunately, that range is set at corporate," Jim, who is played by John Krasinski, says.
"What about mileage when I use my car, I mean gas ain't cheap you know," Buffett asks.
Jim tells Buffett that 25 cents per mile is generous, which prompts the negotiating skills of the billionaire investor and pokes playful fun at his frugality.
"How about 27? And when I make long distance calls, will it be monitored or is it on the honor system?" Buffett asks.
The episode also saw actors Jim Carrey, Ricky Gervais, Will Arnett and Ray Romano featured as people applying for the same job.
Buffett's character did not get the job.
You may not be a billionaire like Warren Buffett, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/real-estate/reit/24/10/41549488/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>
Why the Cameo?: Buffett filmed a "The Office" spoof video that aired at his annual Berkshire Hathaway shareholders meeting previously.
The five-minute spoof video played at the annual meeting in 2011, but has not been released publicly outside of the meeting. The opening videos have become a tradition for the annual shareholders meeting and often featured Buffett and the late Charlie Munger along with celebrity cameos.
According to one person who <a href="https://theoffice.fandom.com/wiki/Warren_Buffett">saw </a>the video, the spoof featured Steve Carrell as Michael Scott saying Buffett is "at least 90 years old and runs a company called Berkshire Hathaway that produces all of Anne Hathaway's movies."
Buffett tells Scott that Berkshire Hathaway is "a collection of odds and ends. Mostly odds."
When Buffett is introduced by his nickname of the "Oracle of Omaha," Dwight Schrute, played by Rainn Wilson, says, "Yeah, I'm Dwight Schrute, the Droid of Scranton."
Read Next: 
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<li><a href="https://www.benzinga.com/general/education/24/10/41418702/warren-buffetts-words-of-wisdom-benzinga-readers-pick-their-favorite-oracle-of-omaha-quote">Warren Buffett&#8217;s Words Of Wisdom: Benzinga Readers Pick Their Favorite Oracle Of Omaha Quote</a></li>
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Entertainment

Warren Buffett's Frugal Lifestyle Was Once Highlighted In 'The Office' Cameo: 'What About Mileage When I Use My Car, I Mean Gas Ain't Cheap You Know'

Wayne Enterprises Experience has 10 full-scale replicas of the famous Batmobile from The Dark Knight trilogy up for sale, each priced at nearly $3 million dollars. 
What Happened: These Tumbler Batmobiles are officially sanctioned by Warner Bros Discovery and interested individuals can fill up a form on the Wayne Enterprises website to be considered for allocation, it said. Deliveries will be made 15 months from the time of deposit.
Wayne Enterprises Experience did not immediately respond to <a href="https://pro.benzinga.com/dashboard">Benzinga&#8217;s</a> request for comment on whether the vehicles are street-legal.
Features: The $3 million vehicle is painted black and has imitation gun turrets as in the movies. It has a 6.2L LS3 525 HP Engine and weighs about 5,511 pounds.
The body is made of Kevlar, carbon fiber, and sheet metal fiberglass and interiors have a 2-seat configuration. The vehicle will be available as a left-hand drive only. 
Why It Matters: Wayne Enterprises is a luxury company providing products inspired by the world of the fictional billionaire Bruce Wayne, aka Batman.
It was formed through a collaboration between Warner Bros. Discovery Global Consumer Products and PR firm Relevance International.
Wayne Enterprises Experience works with other luxury brands to create collectibles such as highly exclusive versions of the Battista hyper GT and B95 hyper Barchetta inspired by the Batman series. 
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>
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</ul>
Photo courtesy: Warner Bros Discovery

News

Tech

Batman Fan? You Can Now Score A Full Size Batmobile Replica For An Eye-Watering Price Of $3M

OpenAI CEO Sam Altman discussed the future of open source in AI development during an &#8220;Ask Me Anything&#8221; session on social media platform Reddit, hinting at the possibility of ChatGPT-parent open-sourcing more of its work.
What Happened:&nbsp;Kylie Robison&nbsp;from The Verge took to X, formerly Twitter, and shared the highlights of the AMA session in which Altman, along with other OpenAI executives participated.
During the session, Altman acknowledged the significant role of open source in the AI ecosystem and expressed his admiration for successful open-source models.
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41678522/jim-cramer-warns-apple-stock-should-have-never-been-up-that-much-after-q3-earnings-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Warns Apple Stock Should Have &#8216;Never Been Up That Much&#8217; After Q3 Earnings Even As This Analyst Defends iPhone 16 Launch</a>
He also underscored the importance of powerful and user-friendly APIs and services, suggesting that OpenAI&#8217;s strengths align well with these aspects.
&#8220;We are pretty proud of how much value people get out of our service,&#8221; he stated, adding, &#8220;I would like us to open source more stuff in the future.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Will Sam ever put the &quot;open&quot; back in OpenAI? <a href="https://t.co/Mc1xHMm51o">pic.twitter.com/Mc1xHMm51o</a>
&mdash; Kylie Robison (@kyliebytes) <a href="https://twitter.com/kyliebytes/status/1852082953096171699?ref_src=twsrc%5Etfw">October 31, 2024</a></blockquote>
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Why It Matters: OpenAI&#8217;s stance on open source has been a topic of debate in the tech industry. Tesla and SpaceX CEO Elon Musk, who co-founded OpenAI in 2015 and left the company in 2018, has frequently criticized ChatGPT-parent for its closed-source models.
Earlier this year, <a href="https://www.benzinga.com/news/24/03/37582116/elon-musk-says-xai-will-open-source-grok-throws-shade-at-openai-by-calling-it-a-lie">Musk called OpenAI a &#8220;lie&#8221; while announcing</a> that his company xAI would open source the code of its AI chatbot Grok.
Musk&#8217;s criticism was echoed by Meta Platforms Inc. CEO Mark Zuckerberg, who <a href="https://www.benzinga.com/news/24/07/39925842/elon-musk-agrees-with-arch-rival-mark-zuckerberg-after-meta-ceo-slams-closed-providers-like-openai-f">slammed closed model providers</a> for lobbying against open source in July 2024.
Musk has also reignited a <a href="https://www.benzinga.com/news/legal/24/08/40168619/elon-musks-new-lawsuit-against-openai-accusations-of-betrayal-and-deception">legal battle against OpenAI</a>, accusing the company and its co-founders, including Altman, of prioritizing commercial gains over their original mission of benefiting humanity.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/11/41686435/intel-says-it-wont-even-make-500m-from-gaudi-ai-chips-in-2024-despite-nvidia-minting-billions-ce?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Intel Says It Won&#8217;t Even Make $500M From Gaudi AI Chips In 2024 Despite Nvidia Minting Billions: CEO Gelsinger Says Uptake &#8216;Slower Than We Anticipated&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

This Is What OpenAI's Sam Altman Had To Say On The Future Of Open Source At ChatGPT-Parent

Perplexity CEO Aravind Srinivas&#8217;s revelation about the ongoing wait for a green card has prompted Tesla and SpaceX CEO Elon Musk to <a href="https://www.benzinga.com/markets/cannabis/24/09/41080016/trump-bashes-harris-border-visit-immigration-policy-worst-crisis-in-history-of-world-its-an-inva">criticize the immigration system</a>.
What Happened: Earlier this week, a user on X, formerly Twitter, highlighted the challenges of immigrating to the U.S., describing it as the &#8220;longest and hardest&#8221; process.
Perplexity CEO Srinivas shared this post, shedding light on his three-year struggle to secure a green card.
&#8220;I have been waiting for my green card for like the last 3 years. Still haven't gotten it. People mostly have no idea when they talk about immigration,&#8221; he wrote on the platform.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41663190/openai-rolls-out-chatgpt-search-google-shares-slide?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">OpenAI Rolls Out ChatGPT Search, Google Shares Slide</a>
Musk responded to Srinivas&#8217;s post, expressing concern over the U.S. immigration system&#8217;s priorities. He questioned why it is easier for criminals to enter the U.S. illegally than for highly skilled individuals to immigrate legally.
&#8220;Why is it easier to get in illegally as a murderer than legally as a Nobel Laureate?&#8221; the tech mogul asked, expressing hope for a resolution in case Republican presidential nominee Donald Trump wins the election.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We have an upside down system that makes it hard for highly talented people to come to America legally, but trivial for criminals to come here illegally. Why is easier to get in illegally as a murderer than legally as a Nobel Laureate?<a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> &amp; DOGE will fix this. <a href="https://t.co/RgMGWeyX1X">https://t.co/RgMGWeyX1X</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1851970548714139679?ref_src=twsrc%5Etfw">October 31, 2024</a></blockquote>
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Why It Matters: Musk has previously called for <a href="https://www.benzinga.com/news/24/04/38141313/elon-musk-calls-for-easier-us-immigration-system-for-skilled-workers-very-important-to-make-it-easy">an easier U.S. immigration system</a> for skilled workers, highlighting the importance of simplifying the process for talented individuals to enter the U.S.
He has also criticized the &#8220;bizarrely difficult and agonizingly slow&#8221; <a href="https://www.benzinga.com/news/24/03/37573179/elon-musk-blames-bizarrely-difficult-and-agonizingly-slow-legal-process-to-immigrate-to-us-for-unvet">legal process for immigration</a>, voicing concerns about the influx of unvetted immigrants.
Meanwhile, former President Trump has a more hardline approach toward immigration. He has previously spoken about stricter border security, <a href="https://www.benzinga.com/news/24/10/41301544/trump-steps-up-anti-immigrant-rhetoric-proposes-nationwide-plan-to-target-venezuelan-gang-members">mass deportations</a>, travel bans, and significant reductions in legal immigration, including a focus on ending automatic citizenship for children of undocumented immigrants.
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41621390/google-just-got-fined-in-russia-and-its-more-than-the-worlds-gdp-20-decillion-for-blocking-media?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Google Just Got Fined In Russia And It&#8217;s More Than The World&#8217;s GDP: $20 Decillion For Blocking Media Content</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Wikimedia

Elon Musk Slams Immigration Rules After Perplexity CEO Reveals 3-Year Wait For Green Card: 'We Have An Upside Down System'

Japanese automaker Honda Motor&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) 2025 Ridgeline AWD pickup truck is the most American-made truck with 75% of its content sourced from either the U.S. or Canada, according to data shared by U.S. auto safety regulator National Highway Traffic Safety Administration (NHTSA.)
What Happened: Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Cybertruck in comparison, has only 65% of its contents sourced from the two countries.
Tesla&#8217;s 2025 model year Model 3 Long Range vehicle is the most American vehicle in the U.S., with 75% of its content sourced from either the U.S. or Canada.
The Model Y, and Model 3 Performance, meanwhile, have only 70% content sourced from the two countries.
Other EV pickup trucks lag further behind, with both the gas and electric versions of the Ford F-150 having less than 50% of its contents sourced from either the U.S. or Canada. 
Why It Matters: Manufacturing within the U.S. and sourcing components within North America makes EVs eligible for a $7,500 tax credit under the Inflation Reduction Act aimed at promoting domestic clean energy manufacturing.
The tax credit takes the purchase price down for eligible customers, spurring EV adoption. EVs, otherwise, are priced higher than gas vehicles on average. 
All variants of Tesla&#8217;s Model 3 and Model Y are currently eligible for a <a href="https://www.benzinga.com/news/24/07/39743027/tesla-unveils-new-model-3-variant-with-longer-range-eligible-for-7-500-tax-credit">tax credit </a>of $7,500, and the two occupied the two top spots for best-selling EVs in the country in the third quarter, according to <a href="https://www.benzinga.com/news/24/10/41353805/elon-musks-tesla-dominates-us-ev-market-with-3-of-top-5-best-selling-models-in-q3">data from automotive research company</a> Kelley Blue Book. 
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>
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Photo courtesy: Honda

TSLA

Honda's Pickup Beats Tesla Cybertruck As Most American Made Truck

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is set to equip its entire <a href="https://www.benzinga.com/topic/iphone-17">iPhone 17 lineup</a> with LTPO panels, exclusively sourced from Samsung Display and LG Display.
What Happened: The forthcoming iPhone 17 series, expected to launch next year, will consist of four models: iPhone 17, iPhone 17 Slim (or Air), iPhone 17 Pro, and iPhone 17 Pro Max.
This marks a notable change from the iPhone 16 series, where only the Pro and Pro Max models featured LTPO panels, according <a href="https://www.etnews.com/20241025000142">to</a> a report by ETNews.
LTPO technology, renowned for its energy efficiency, will now be standard across all iPhone 17 models, enhancing overall performance. This will also allow Apple to offer high refresh rates, a feature that has so far been limited to the "Pro" iPhone models.
Previously, only the premium models utilized LTPO OLEDs, while standard models relied on LTPS panels.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
The inclusion of LTPO in all iPhone 17 models is expected to solidify the dominance of Korean display companies in supplying OLED panels for Apple&#8217;s latest series. The complexity of LTPO technology poses a significant challenge for Chinese firms, which have faced quality issues in LTPS panel production.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41678522/jim-cramer-warns-apple-stock-should-have-never-been-up-that-much-after-q3-earnings-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Warns Apple Stock Should Have &#8216;Never Been Up That Much&#8217; After Q3 Earnings</a>
Industry insiders suggest that the likelihood of Chinese companies supplying LTPO panels next year is nearly zero. Instead, these companies may focus on producing panels for the upcoming iPhone SE4, expected in the first half of the year.
Why It Matters: The shift to LTPO panels across the entire iPhone 17 lineup is part of Apple&#8217;s strategy to enhance its product offerings.
According to noted Apple analyst Ming-Chi Kuo, the <a href="https://www.benzinga.com/markets/equities/24/08/40617644/iphone-17-pro-max-to-feature-12gb-dram-and-upgraded-cooling-system-says-prominent-apple-tipster-">iPhone 17 Pro Max will feature 12GB DRAM</a>, with other models like the ultra-thin iPhone, iPhone 17, iPhone 17 Pro, and SE4 having 8GB. Enhanced AI capabilities are expected to be a major selling point for the iPhone 17 Pro Max.
Additionally, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40332493/apples-thinner-iphone-17-air-with-sleeker-design-could-be-a-game-changer-says-promi">Apple&#8217;s iPhone 17 Air</a> is rumored to have a sleeker design, potentially attracting more customers to upgrade their devices.
Gene Munster, managing partner at Deepwater Asset Management, believes that Apple&#8217;s biggest iPhone upgrade cycles have coincided with noticeable design changes, suggesting that the thinner iPhone could be a successful hardware refresh for the company.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41328252/apples-iphone-16-powers-record-sales-in-q3-just-behind-samsung-in-global-market-share-battle">Apple&#8217;s iPhone 16 Powers Record Sales In Q3, Just Behind Samsung In Global Market Share Battle</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Apple

AAPL

Apple's iPhone 17 Base Models Could Finally Get This Highly Requested 'Pro' Feature

Pittsburgh-based autonomous vehicle technology <a href="https://www.benzinga.com/quote/AUR/analyst-ratings">startup</a> Aurora Innovation Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) said earlier this week that it is now looking to deploy its autonomous trucks in commercial operations in April 2025, later than expected, as it needs more time to validate the safety of its autonomous driving technology on public roads.
What Happened: &#8220;With additional visibility on the time needed to complete the aforementioned remaining validation, we now expect to launch commercially in April 2025,&#8221; company CEO Chris Urmson said in a letter to shareholders.
&#8220;While this is modestly later than we had intended, this timing remains within the margin of error we have anticipated and conveyed throughout 2024.&#8221;
The delay will have a negligible financial impact, Urmson added.
The company will deploy up to 10 driverless trucks in commercial operations during launch. The company will start with one driverless truck and then transition the others to driverless, it said.
By 2025 end, the company intends to have tens of trucks in operations.
Why It Matters: Aurora is currently hauling freight autonomously for pilot customers including FedEx, Schneider, Hirschback, Uber Freight, and others. As of Oct. 27, the company has autonomously delivered over 8,200 loads, driving over 2.2 million commercial miles, it said. However, the rides were all supervised by vehicle operators, the company said.
For the third quarter, the company reported a net loss of $208 million, up from the loss of $190 million recorded in the corresponding period last year. The company has yet to generate revenue. 
Aurora raised $483 million in August, adding to its $1 billion of liquidity as of the end of the second quarter. The liquidity will support the company&#8217;s planned commercial launch and operations well into 2026, the company then said. 
Price Action: Aurora Innovation shares closed 11.8% higher at $5.81 on Friday. The stock is up by about 56% year-to-date, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
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>
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</ul>
Photo courtesy: Aurora Innovation

Autonomous Vehicle Startup Aurora Pushes Back Commecial Launch Of Driverless Trucks To 2025

Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is poised to replace Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) on the Dow Jones Industrial Average index.
What Happened: On Friday, S&amp;P Dow Jones Indices announced that Nvidia, along with paint-maker Sherwin-Williams Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>),&nbsp;will join the index next&nbsp;week.
Intel will be replaced by Nvidia on the Dow Jones Industrial Average index after a 25-year run, while Sherwin-Williams will replace Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>).
This change highlights&nbsp;the shift in the chipmaking&nbsp;market and is another blow for Intel, which has seen a decline in its market position.
Intel&#8217;s shares have dropped 54% this year, making it the worst performer on the index and leaving it with the lowest stock price on the price-weighted Dow.
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41686435/intel-says-it-wont-even-make-500m-from-gaudi-ai-chips-in-2024-despite-nvidia-minting-billions-ce">Intel Says It Won&#8217;t Even Make $500M From Gaudi AI Chips In 2024 Despite Nvidia Minting Billions: CEO Gelsinger Says Uptake &#8216;Slower Than We Anticipated&#8217;</a>
&#8220;Losing the status of Dow Jones inclusion would be another reputational blow for Intel, as it grapples with a painful transformation and loss of confidence,&#8221; said Susannah Streeter, head of money and markets at Hargreaves Lansdown, reported Reuters.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Intel, once a dominant player in the chipmaking industry, has lost its manufacturing edge to rival Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and missed out on the lucrative artificial intelligence boom.
This development comes&nbsp;after Intel expressed optimism about&nbsp;its future, despite&nbsp;warning that it had &#8220;a&nbsp;lot of work to do.&#8221;&nbsp;Intel&#8217;s struggles were evident in its <a href="https://www.benzinga.com/news/24/11/41689889/whats-going-on-with-intel-shares-friday">third-quarter earnings report</a>, where it reported a loss of 46 cents per share, missing analyst estimates.
Intel&#8217;s&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41691058/intel-struggles-with-market-share-profitability-q3-analyst-insights">struggles with market share and profitability</a>&nbsp;have led to a cautious outlook from analysts. The company also&nbsp;<a href="https://www.benzinga.com/markets/equities/24/11/41686435/intel-says-it-wont-even-make-500m-from-gaudi-ai-chips-in-2024-despite-nvidia-minting-billions-ce">fell short of its revenue targets</a>&nbsp;for its Gaudi AI accelerator program in 2024.
On the other hand,&nbsp;Nvidia has emerged as a&nbsp;cornerstone of the global semiconductor&nbsp;industry, thanks to the essential&nbsp;role its chips play in&nbsp;powering generative AI technologies.&nbsp;The company&#8217;s shares have risen&nbsp;more than two-fold this year alone.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Equities

Markets

INTC

NVDA

Nvidia Rides AI Wave To Replace Intel On Dow Jones Industrial Average, Ending Its 25-Year Run

A prominent crypto analyst has forecasted a potential surge for Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) in November, sparking interest among traders and investors.
What Happened: Popular crypto analyst Ali Martinez has shared insights suggesting that Dogecoin might experience a significant upward trend this month. In a recent strategy session with his 76,400 followers on X, Martinez highlighted historical patterns indicating a potential rally for the meme coin.
Martinez notes that November often brings substantial growth for Dogecoin.
"History hints that November could spark a parabolic bull run for #Dogecoin $DOGE! Keep an eye out for a sustained close above $0.20."
Dogecoin is trading at approximately $0.161, having gained over 0.8% in the last 24 hours. It has surged over 20% over the past week.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">History hints that November could spark a parabolic bull run for <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a>! Keep an eye out for a sustained close above $0.20. <a href="https://t.co/8NOLo6Jjoh">pic.twitter.com/8NOLo6Jjoh</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1851603207530918103?ref_src=twsrc%5Etfw">October 30, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41575679/chamath-palihapitiya-says-gen-z-has-decoupled-financial-freedom-from-traditional-9-5-jobs-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Chamath Palihapitiya Says Gen-Z Has &#8216;Decoupled&#8217; Financial Freedom From Traditional 9-5 Jobs</a>
In addition to Dogecoin, Martinez is optimistic about other large-cap altcoins, including Polkadot (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/dot/usd">DOT</a>). He suggests that DOT could surpass $6.00 by year-end, with its current trading price at $3.92.
Martinez also mentions that the Solana (SOL)&#8211;based memecoin Dogwifhat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WIF</a>) is gearing up for a bullish move to $3, currently trading at $2.21.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Dogwifhat?src=hash&amp;ref_src=twsrc%5Etfw">#Dogwifhat</a> <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WIF</a> prepares for a bullish breakout toward $3! <a href="https://t.co/YC1FAwyOHS">pic.twitter.com/YC1FAwyOHS</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1851894232539423163?ref_src=twsrc%5Etfw">October 31, 2024</a></blockquote>
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Why It Matters: The recent dip in Dogecoin&#8217;s price has led traders to identify critical support zones for potential rebounds.
A <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41688358/dogecoin-dips-but-traders-identify-this-critical-support-zone-for-a-bounce">&#8220;cup and handle&#8221; formation</a> on Dogecoin's daily chart, starting in June, suggests bullish potential. The $0.15 support zone is crucial, with a possible bounce propelling DOGE to $0.22.
Moreover, the cryptocurrency industry is <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41650250/harris-vs-trump-crypto-industry-anticipates-favorable-regulatory-environment-for-bi">anticipating a favorable regulatory environment</a> following the U.S. presidential elections. Industry leaders are hopeful for supportive policies from Washington, regardless of the election outcome. This optimism could further influence the crypto market, including Dogecoin&#8217;s performance.
Price Action: At the time of writing, Dogecoin was up 0.2% over the last 24 hours, trading at $0.161, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
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</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

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

Cryptocurrency

$DOGE

$DOT

$WIF

DOGE

Dogecoin Set For 'Parabolic Bull Run' In November, Says Analyst: 'Keep An Eye Out For A Sustained Close' Above This Level

Office of the Director of National Intelligence (ODNI,) the Federal Bureau of Investigation (FBI,) and the Cybersecurity and Infrastructure Security Agency (CISA) have traced a video falsely portraying voter fraud in Georgia back to Russian influence actors, days ahead of the <a href="https://www.benzinga.com/topic/2024-election">2024 election</a>.
What Happened: A 20-second video emerged on X, formerly known as Twitter, Thursday afternoon, showing a man claiming to be a Haitian immigrant.
In the clip, he discussed his intention to vote multiple times in two Georgia counties for Vice President and Democratic presidential nominee Kamala Harris.
On Friday, the U.S. intelligence agencies identified this video as a fraudulent creation of Russian influence actors.
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41678522/jim-cramer-warns-apple-stock-should-have-never-been-up-that-much-after-q3-earnings-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Warns Apple Stock Should Have &#8216;Never Been Up That Much&#8217; After Q3 Earnings Even As This Analyst Defends iPhone 16 Launch</a>
&#8220;This Russian activity is part of Moscow's broader effort to raise unfounded questions about the integrity of the U.S. election and stoke divisions among Americans,&#8221; the joint statement by the agencies read.
Previously, Georgia Secretary of State&nbsp;Brad Raffensperger&nbsp;dismissed the video as &#8220;obviously fake&#8221; and a likely product of Russian trolls &#8220;attempting&nbsp;to sow discord and chaos&nbsp;on the eve of the&nbsp;election,&#8221; <a href="https://apnews.com/article/fbi-russia-georgia-fraud-disinformation-eebea4ab200682ccd3e97fb9f164e6ca">reported</a> the Associated Press. 
Why It Matters: This incident is not an isolated one. It is part of a larger pattern of foreign interference in U.S. elections.
In September, President Joe Biden accused <a href="https://www.benzinga.com/government/24/09/40713107/biden-to-accuse-russia-of-2024-election-interference-expert-says-voting-process-tough-to-tamper-with">Russia of seeking to interfere</a> with the 2024 election. Later that month, Microsoft Corp. vice chair and president, Brad Smith, warned of potential <a href="https://www.benzinga.com/24/09/40931276/this-has-also-become-an-election-of-iran-vs-trump-and-russia-vs-harris-microsoft-president-brad-smit">foreign interference</a> in the upcoming election.
Last month, the&nbsp;<a href="https://www.benzinga.com/news/24/10/41417457/us-offers-10m-reward-for-intel-on-russian-firm-interfering-in-elections">U.S. Department of State offered a $10 million reward</a>&nbsp;for information on any foreign person or entity interfering in the 2024 U.S. presidential election.
Around the same time,&nbsp;Microsoft further reported&nbsp;that Russia, Iran, and China were <a href="https://www.benzinga.com/general/politics/24/10/41496316/microsoft-reports-russia-iran-china-stepping-up-efforts-to-influence-2024-election-voters-candid">stepping up their attempts</a> to influence the outcome of the 2024 presidential election.
Previously, it was also reported that <a href="https://www.benzinga.com/news/24/10/41541512/iranian-hackers-leak-stolen-emails-from-trumps-2024-campaign-ahead-of-nov-5-election-report">Iranian hackers leaked stolen emails</a> from Republican nominee Donald Trump's presidential campaign to a Democratic political operative and independent journalists.
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</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Politics

FBI Uncovers Russian-Backed Scheme To Sway 2024 Election And 'Stoke Divisions Among Americans' With Fake Voter Fraud Video In Georgia

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) will admit they need Lidar to enable autonomous driving &#8220;at some point, &#8221; according to Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management.
What Happened: &#8220;At some point they will admit they need LiDAR,&#8221; Gerber wrote on social media platform X, referring to the EV giant&#8217;s intent of enabling autonomous driving with cameras and artificial intelligence alone.
Lidar, short for Light Detection and Ranging, is a remote sensing technology that uses laser light to measure distances and create detailed three-dimensional representations of surfaces and objects.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">At some point they will admit they need LiDAR. <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> <a href="https://twitter.com/hashtag/tesla?src=hash&amp;ref_src=twsrc%5Etfw">#tesla</a>
&mdash; Ross Gerber (@GerberKawasaki) <a href="https://twitter.com/GerberKawasaki/status/1852370714629992938?ref_src=twsrc%5Etfw">November 1, 2024</a></blockquote>
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Tesla CEO Elon Musk has previously criticized Lidar, terming it a crutch. None of the company&#8217;s sold vehicles have lidars. In 2022, the company also removed ultrasonic sensors from its vehicles to rely solely on cameras.
&#8220;Did my best to warn people that LiDAR isn't optimal for cars. Roads are designed for biological neural nets &amp; eyes, so digital neural nets &amp; cameras will work best,&#8221; Musk said in Aug. 2023. 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Did my best to warn people that LiDAR isn't optimal for cars. Roads are designed for biological neural nets &amp; eyes, so digital neural nets &amp; cameras will work best. I say this even though Dragon uses LiDAR for docking with Station, so I don't intrinsically hate that technology.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1696119334018457949?ref_src=twsrc%5Etfw">August 28, 2023</a></blockquote>
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Gerber is not alone in feeling Tesla needs more hardware to enable autonomous driving. 
"…you really do need significantly more hardware than Tesla is putting in the vehicles to build a robotaxi that's not just as safe but especially safer than a human," Zoox&nbsp;co-founder&nbsp;Jesse Levinson opined earlier this week while adding that there is a need for sensor data despite advancements in AI to protect against camera malfunctions and ensure fully safe rides.
Alphabet Inc.&#8217;s autonomous ride-hail company Waymo continues to use Lidar in its robotaxis. However, proponents of Tesla&#8217;s camera-only technology, such as Ark Invest, deem it to be an expensive choice.
According to <a href="https://www.benzinga.com/news/24/11/41676465/tesla-can-make-cybercab-for-the-same-money-it-takes-waymo-to-install-lidar-sensors-on-its-robotaxi-s">Ark Invest analyst</a> Brett Winton, Tesla can make its dedicated robotaxi offering &#8211; the Cybercab &#8211; at almost the same cost as it takes Waymo to install Lidar on its vehicles.
Uber CEO Dara Khosrowshahi, meanwhile, believes both Waymo and Tesla will achieve autonomy at scale despite differences in approach. While Waymo's tech reduces the effort on the software with added hardware such as lidar and sensors, Tesla's model puts added weight on the software, he said.
"I think Elon eventually will get to viable scale but for the next 5 years I bet on Waymo," <a href="https://www.benzinga.com/news/24/10/41424058/uber-ceo-dara-khosrowshahi-finds-elon-musks-robotaxi-vision-pretty-compelling-says-tesla-will-eventu">he said in an interview</a> last month.
Why It Matters:&nbsp;During Tesla's third-quarter earnings call last month, Musk said that the company expects to start an autonomous ride-hail service in Texas and California starting next year,&nbsp;<a href="https://www.benzinga.com/news/24/10/41484511/palo-alto-may-open-streets-to-tesla-robotaxis-but-california-regulators-will-decide-fate" target="_blank" rel="noreferrer noopener">subject to regulatory approval</a>.
However, the vehicles might not all operate as driverless robotaxis initially but with a driver as some states demand it until the company touches certain milestones in terms of miles and hours driven, the company then said.
However, Musk expressed confidence that the <a href="https://www.benzinga.com/top-stories/24/10/41279865/elon-musk-may-unveil-teslas-robotaxi-but-consumers-respond-with-ehhh-new-study-reveals-skepticism-ne" target="_blank" rel="noreferrer noopener">company will begin offering driverless paid rides sometime next year.</a>
Tesla also unveiled a no-pedal, no-steering wheel <a href="https://www.benzinga.com/news/24/10/41284847/tesla-reveals-two-seater-cybercab-that-drives-itself">dedicated robotaxi product last month called the Cybercab</a>. Cybercab, Musk then said, will enter production &#8220;before 2027&#8221; and will be priced below $30,000.
Until then, Tesla's ride-hail fleet will be composed of the company&#8217;s Model 3 and Model Y with its full self-driving (FSD) driver assistance technology.
FSD currently requires active river supervision. However, Musk and Tesla are optimistic that it will enable vehicle autonomy with future versions of the software. 
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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Photo courtesy: Unsplash

Tesla Investor Says EV Giant Will 'Admit' It Needs Lidar Despite Elon Musk Calling It A Crutch

Tesla and SpaceX CEO Elon Musk&#8217;s social media platform X, formerly Twitter, is reportedly undergoing another round of layoffs.
What Happened: X is experiencing a fresh wave of layoffs with the engineering department said to be the most affected, <a href="https://www.theverge.com/2024/11/1/24285819/elon-musks-x-is-laying-off-employees-again">reported</a> The Verge on Friday, citing two insider sources and posts on the anonymous workplace forum Blind.
However, the exact number of job cuts is yet to be determined.
The layoffs followed an unusual request made to employees two months prior when staff members were asked to submit a one-page summary detailing their contributions to the company.
It remains uncertain whether these summaries influenced the recent job cuts.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: After acquiring Twitter for $44 billion in October 2022, Musk <a href="https://www.benzinga.com/news/23/09/34429260/when-elon-musk-started-firing-twitter-staff-everybody-said-thats-enough-but">controversially fired 85% of the staff</a>. Currently, the value of Musk&#8217;s rebranded social media platform has been a point of concern.
Fidelity, one of the companies that helped Musk acquire the platform, last month <a href="https://www.benzinga.com/news/24/10/41142828/elon-musk-bought-x-for-44b-now-fidelity-values-social-media-network-below-10b">valued the social media network</a> below $10 billion, a significant drop from the price Musk paid for it.
Earlier this year, Musk&#8217;s other venture, Tesla, also saw significant layoffs. The electric vehicle manufacturer reduced <a href="https://www.benzinga.com/top-stories/24/06/39457749/tesla-leads-2024-us-tech-layoffs-so-far-followed-by-dell-cisco-xerox-paypal-microsoft">its workforce by at least 14%</a>.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Social Media

Media

Elon Musk's X Reportedly Hit With New Wave Of Layoffs: Engineering Department Faces Major Cuts Amid Uncertain Future

Donald Trump&nbsp;supported decentralized finance protocol&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40905315/donald-trumps-new-crypto-project-world-liberty-financial-everything-you-need-to-know" target="_blank" rel="noreferrer noopener">World Liberty Financial</a> is reportedly marketing its $300 million offering of tokens primarily offshore.
What Happened: World Liberty currently plans to sell only $30 million of tokens in the U.S., according <a href="https://www.bloomberg.com/news/articles/2024-11-01/trump-s-world-liberty-to-mainly-sell-digital-tokens-to-investors-outside-the-us">to</a> a Bloomberg report, which cited a filing with the U.S. Securities and Exchange Commission (SEC.)
Once it touches the $30 million threshold, World Liberty will terminate the U.S. offering despite having tokens worth about $288.5 million available for sale, the report said, noting that most token issuances are done offshore due to heavy scrutiny in the U.S.
World Liberty is being promoted by Trump and his sons. <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41303639/donald-trump-says-his-crypto-project-world-liberty-financial-will-start-selling-tokens-on-">Since Oct. 15</a>, it has raised about $2.7 million by selling tokens to 348 U.S. investors, according to the filing.
Why It Matters: World Liberty is based in <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41341588/donald-trumps-world-liberty-financial-token-sales-hit-220m-in-first-hour-website-faces-mul">Wilmington, Delaware</a>. In the filing with the SEC, Donald Trump, Donald (Jr) Trump, Eric Trump, Steven Witkoff, Axiom Management Group, WC DigitalFi LLC, and DT Marks DEFI LLC are listed as promoters of the project. 
&#8220;This person is included for informational purposes and does not reflect a determination that such person is a &#8220;promoter&#8221; as defined under Rule 405 of the Securities Act,&#8221; the filing said. 
Puerto Rico-based Axiom Management Group owners Zachary Folkman and Chase Herro, meanwhile, are listed as executive officers and directors of the project. 
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>
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Photo courtesy: Shutterstock

Trump's World Liberty Crypto Project Targets Offshore Markets, Limits US Token Offering To Just $30M

Elon Musk on Friday said that he would like former congressman from Texas Ron Paul to be on the Department of Government Efficiency, a department he intends to be part of if former President Donald Trump reclaims the White House in the <a href="https://www.benzinga.com/topic/2024-election">upcoming elections</a>.
What Happened: &#8220;Would be great to have Ron Paul as part of the Department of Government Efficiency!,&#8221; Musk wrote on social media platform X.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Would be great to have Ron Paul as part of the Department of Government Efficiency!
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1852472973728338409?ref_src=twsrc%5Etfw">November 1, 2024</a></blockquote>
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Musk&#8217;s comment comes on the heels of Paul expressing his willingness to help Musk cut government spending in an interview with podcaster David Gornoski. However, the former member of the U.S. House of Representatives said that he wouldn&#8217;t want an official position.
Paul has previously run twice for the Republican presidential nomination. 
Why It Matters: Musk officially endorsed Trump in July after a shooting incident at a rally in Pennsylvania. The billionaire also <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">attended a Trump campaign event in Pennsylvania</a> in October and termed the election a "must-win situation" 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.
Musk has previously said that the commission will also be aimed at removing what he deems as excess regulation in a bid to kickstart key projects such as building high-speed rail in the country.
Musk is actively gathering votes for Trump both online and offline. He founded a super PAC called America PAC to which he has so far given <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">over $100 million</a> in a bid to support Trump&#8217;s presidential campaign, cementing him as a key figure in this year&#8217;s election. 
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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<li><a href="https://www.benzinga.com/news/24/10/41647639/teslas-chinese-rival-byd-outshines-elon-musks-ev-giant-in-quarterly-revenue-for-first-time-since-202" target="_blank" rel="noreferrer noopener">Chinese EV Behemoth BYD Tops Tesla's Revenue For First Time Since 2022 In Q3</a></li>
</ul>
Photos courtesy: Shutterstock and Gage Skidmore on Flickr

Elon Musk Says 'Would Be Great To Have' Former Congressman And Fed Critic Ron Paul In 'Department Of Government Efficiency' If Trump Wins

Kamala Harris&#8216;s campaign and Democratic Party officials &#8220;fully expect&#8221; a premature victory declaration by Donald Trump in the <a href="https://www.benzinga.com/topic/2024-election">upcoming election</a> and are reportedly preparing for a swift response.
What Happened: Democrats are ready&nbsp;to flood social media and&nbsp;television with calls for patience and calm during the vote-counting process, reported Reuters.
This is in response to Trump&#8217;s statement expressing his intention&nbsp;to declare victory on Election&nbsp;Day, despite warnings from election experts that the final result could take several days, especially if vote recounts are demanded in key areas.
See Also:&nbsp;<a href="https://www.benzinga.com/general/politics/24/10/41630878/djt-short-squeeze-could-push-stock-to-60-if-trump-wins-but-analysis-says-loss-could-make-shares-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">DJT Short Squeeze Could Push Stock To $60 If Trump Wins, But Analysis Says Loss Could Make Shares &#8216;Worthless&#8217;</a>
&#8220;We are sadly ready if&nbsp;he does and, if we&nbsp;know that he is actually&nbsp;manipulating the press and attempting&nbsp;to manipulate the consensus of&nbsp;the American people &#8230; we&nbsp;are prepared to respond,&#8221; Harris&nbsp;stated in a Wednesday interview with ABC.
Democratic Party and campaign officials plan to wage their initial fight against any premature Trump victory claim&nbsp;in the court of public&nbsp;opinion, demanding&nbsp;that all votes be counted&nbsp;before victories are declared.
&#8220;As soon as he (Trump) falsely declares victory, we&#8217;re ready to get up on TV and provide the truth and tap a broad network of people who can use their influence to push back,&#8221; a senior Democratic National Committee official stated in an interview.
Why It Matters: In 2020, <a href="https://www.benzinga.com/news/23/08/33545892/trump-knew-he-lost-2020-election-to-biden-says-former-ag-barr-it-would-not-come-out-very-well-for-hi">Trump declared victory</a> early the morning after Election Day, three days before networks officially called the race. Though he ultimately lost to Joe Biden, he has continued to falsely claim the election was stolen through widespread fraud.
Meanwhile, the 2024 U.S. presidential race has been <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41687739/nate-silver-says-kamala-harris-may-need-backup-plans-if-the-blue-wal-is-split-but-sees-the">described as &#8220;a near coin flip,&#8221;</a> with Trump narrowly leading Harris, said American statistician and writer&nbsp;Nate Silver on Friday.
Previously, it was reported that <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41576378/donald-trumps-election-odds-improve-to-66-after-viral-joe-rogan-podcast-and-controversial-">Trump&#8217;s election odds have improved</a> to 66% after a viral Joe Rogan podcast and a controversial Madison Square Garden rally, as per&nbsp;Polymarket odds.
However, former GOP strategist Stuart Stevens has forecasted a decisive victory for Harris, predicting her to win by an even larger margin than in 2020.
As the U.S. heads into the elections, economists warn that a <a href="https://www.benzinga.com/government/24/11/41695926/a-republican-sweep-might-be-the-most-inflationary-election-outcome-economists-warn">Republican victory could significantly</a> increase inflationary pressures, primarily from higher tariffs, a swelling budget deficit, and restricted immigration policies.
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<li><a href="https://www.benzinga.com/news/24/10/41668254/conservatives-angry-with-julia-roberts-ad-urging-women-to-vote-for-kamala-harris-nauseating?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Conservatives Angry With Julia Roberts Ad Urging Women To Vote For Kamala Harris: &#8216;Nauseating&#8217;</a></li>
</ul>
Disclaimer: 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.
Photos courtesy: Shutterstock

Kamala Harris 'Ready' If Trump Decides To 'Falsely' Declare Victory: 'We Are Prepared To Respond'

First-time homebuyers are gaining ground in unexpected territory, with Rhode Island leading a wave of Northeastern and Midwestern states where new buyers are claiming a growing share of home sales.
According to data issued by Freddie Mac initially cited by Realtor.com, Rhode Island topped the nation with a 14.3% increase in first-time buyer market share from 2019 through 2024, despite the state&#8217;s median listing price of $569,950 sitting well above the national average of $425,000.
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The trend extends throughout the region, with Iowa, Nebraska, Wisconsin, and Connecticut all seeing first-time buyer shares climb by more than 10% over the same period.
The shift comes as first-time buyers now account for more than half of conventional conforming mortgages nationwide, up from 20% in 2004, according to Freddie Mac&#8217;s latest market outlook report.
The surge in new buyers appears strongest in areas with moderate or slower overall sales activity. Meanwhile, popular retirement destinations like Arizona and Florida saw smaller gains in first-time buyer share, likely due to competition from older Americans moving to these regions.
Only two states bucked the trend entirely, with Louisiana and North Dakota seeing slight declines in first-time buyer share over the past five years.
See Also: 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>
The broader picture remains challenging for new buyers. When including cash sales and unconventional loans, first-time buyers made up just 26% of all existing home sales last month, according to the National Association of Realtors — matching historic lows seen in recent months.
<a href="https://www.benzinga.com/real-estate/24/09/40771559/average-american-cant-afford-starter-homes-20k-above-their-budget-warns-real-estate-analyst">New buyers are facing significant headwinds</a>. Entry-level home prices have grown 63% more than high-end home prices since 2000, according to Freddie Mac&#8217;s analysis. The supply crunch is equally severe, with approximately 30 renter households competing for each available home for sale, up from fewer than 10 in 2006.
&#8220;Less affordable housing is acutely felt by those seeking to buy their first homes, especially those without substantial wealth at their disposal,&#8221; Freddie Mac&#8217;s report says.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today. </a>Behind the regional shift lies a demographic wave, with Millennials and the oldest members of Generation Z becoming a force in the housing market. Data from Freddie Mac shows that young adult renters are earning more than in previous years, with three million renter households between ages 25 and 44 now earning at least $75,000 annually in inflation-adjusted terms.
However, economic headwinds are mounting for those potential buyers. The unemployment rate for renters has climbed from 5% to over 6% since 2023 while remaining stable for homeowners. It's a disparity that could impact future first-time buyer activity, as most future buyers are currently renting.
Freddie Mac is responding to the challenges. In the second quarter of this year alone, the organization financed roughly 200,000 primary home purchases, with first-time buyers accounting for 53% of the transactions. The agency has also launched a new platform to help potential buyers connect with down payment assistance programs through their lenders.
The findings come as the housing market grapples with high mortgage rates and tight inventory, creating <a href="https://www.benzinga.com/economics/macro-economic-events/24/07/39614880/now-owning-a-house-in-us-is-more-challenging-than-ever-as-affordability-drops-to-">some of the toughest conditions on record for aspiring homeowners</a>.
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Real Estate

Realtor.com Trends Reveal Millennials Are Making Gains In Surprising States As First-Time Homebuyers Surge

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

South Bow Corp. ((TSX &amp;, NYSE:<a href="https://www.benzinga.com/stock/SOBO#NYSE">SOBO</a>) has received an unsolicited "mini-tender" offer from TRC Capital Investment Corp. (TRC Capital) to purchase up to 3 million South Bow common shares, or approximately 1.4% of South Bow's outstanding common shares, at a below-market price of C$31.95. South Bow does not endorse TRC Capital's unsolicited offer, has no affiliation with TRC Capital or its offer, and does not recommend or endorse this unsolicited mini-tender offer.
South Bow cautions shareholders that the mini-tender offer has been made at a below-market price for the South Bow common shares. TRC Capital's unsolicited offer price of C$31.95 per share represents a discount of 4.6% to the closing price of the South Bow common shares on the Toronto Stock Exchange and the New York Stock Exchange on Oct. 28, 2024, the last trading day before the mini-tender offer was commenced, and a discount of 7.4% to the closing price on Nov. 1, 2024.

Management

SOBO

South Bow Recommends Shareholders Reject TRC Capital's Below-Market "Mini-tender" Offer To Purchase Up To 3M Shares, Or ~1.4% Of South Bow's Outstanding Common Shares, At A Price Of C$31.95 Per Share

As previously announced, on September 4, 2024, APX Acquisition Corp. I (NASDAQ:&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4293294-1&amp;h=2469645923&amp;u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fapx-acquisition-corp-i-receives-nasdaq-notice-on-late-filing-of-its-form-10-q-302023280.html%23financial-modal&amp;a=APXI">APXI</a>) (the "Company"), received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") indicating that since the Company's aggregate market value of its outstanding warrants was less than $1 million, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set forth in Listing Rule 5452(b)(C) (the "Rule"), which requires the Company to maintain an aggregate market value of its outstanding warrants of at least $1 million (the "Notice"). The Company subsequently submitted a plan to regain compliance with the Rule (the "Compliance Plan").
On October 29, 2024, the Company received written notice from the Staff (the "November Notice"), stating that the Compliance Plan was not accepted as the Company had provided insufficient evidence to demonstrate that it can effect the Compliance Plan by its 36-month expiration date of December 6, 2024, at which time the Company's securities will be delisted from Nasdaq in accordance with IM-5101-2, irrespective of the Company's progress or lack thereof toward regaining compliance with the Rule, and that the Staff had determined to initiate procedures to delist the Company's warrants (and, as a result of the warrants' inclusion therein, the Company's units) from Nasdaq due to the Company's non-compliance.
Pursuant to the Notice, unless the Company requests a hearing to appeal this determination by November 5, 2024, the Company's warrants and units will be suspended at the opening of business on November 5, 2024, and a Form 25-NSE will be filed with the SEC, which will remove the Company's warrants and units from listing and registration on Nasdaq (the "Warrant/Unit Delisting"). The Company does not intend to request a hearing. The Warrant/Unit Delisting does not affect the listing or trading of the Company's Class A ordinary shares on the&nbsp;Nasdaq Global Market, other than those contained within the units.

APXI

APXIU

APXIW

APX Acquisition Corp. I Announces Nasdaq Delisting Notification For Warrants And Units

Westwater Resources Inc. (WWR) Business Update Conference Call Transcript

Graphite Miners News For The Month Of July 2024

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Westwater Resources (NYSEMKT:<a href="https://investorplace.com/stock-quotes/wwr-stock-quote/">WWR</a>) just reported results for the second quarter of 2024.<ul><li>Westwater Resources reported earnings per share of -7 cents.</li><li>The company did not report any revenue for the quarter.</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><h3>More From InvestorPlace</h3>
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						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/wwr-stock-earnings-westwater-resources-for-q2-of-2024/">WWR Stock Earnings: Westwater Resources Reported Results for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

WWR Stock Earnings: Westwater Resources Reported Results for Q2 2024

Westwater Resources GAAP EPS of -$0.07

Graphite Miners News For The Month Of August 2024

Westwater Resources (WWR) just unveiled an update. Westwater Resources, Inc. has entered into financial agreements to bolster its capital through e...

Westwater Resources Secures Equity Financing Deals

Westwater Resources files secondary offering of common stock

Westwater Resources wins offtake deal for Kellyton Fines graphite production

Graphite Miners News For The Month Of September 2024

Graphite Miners News For The Month Of October 2024

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Press Releases

Westwater Resources Announces Update to Conference Call on July 18, 2024

Westwater Resources Announces Off-Take Sales Agreement with Stellantis for Sale of Graphite from its Kellyton Plant

Westwater Resources announces major graphite sales agreement with Fiat Chrysler

Westwater Resources Announces Second Quarter 2024 Updates

Westwater Resources to Present at the 2024 Gateway Conference on September 4, 2024

Westwater Resources to Present at the 2024 Gateway Conference on September 4th

Westwater Resources Enters into Exclusivity for $150 million Secured Debt Facility with a Global Financial Institution

Westwater Resources Announces Off-Take Agreement for Sale of 100% of Fines Graphite Production from its Kellyton Plant

Westwater Resources Supports Office of the United States Trade Representative Decision to Implement Section 301 Tariffs on Natural Graphite

Westwater Resources Applauds Treasury Department Guidance on 45X Advanced Manufacturing Production Credit

AMERICAN

Advent Technologies Holdings, Inc. - Class A Common Stock

Advent Technologies Hldgs

Asia Pacific Wire & Cable Corporation Limited - Common shares, Par value .01 per share

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