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Former President Donald Trump&#8217;s niece Mary Trump weighed in on the <a href="https://www.benzinga.com/24/09/40760950/this-debate-rule-forces-kamala-harris-team-to-rethink-strategy-the-rule-will-serve-to-shield-donald">upcoming debate</a> between her uncle and Vice President Kamala Harris in the recent episode of her podcast that was aired on Thursday.
Counterintuitive Development: Donald Trump&#8217;s team wanting the mics muted was a rather counterintuitive development and is fascinating, Mary Trump <a href="https://www.youtube.com/watch?v=e0Zjej9KnXw&amp;t=257s">said</a> in the Nerd Avengers podcast. Political commentator Tara Setmayer, who joined as a guest on the podcast, said Donald Trump&#8217;s team this time aren&#8217;t C-listers of D-listers and includes very seasoned, veteran Republican campaign operatives such as Chris LaCivita and Susie Wiles.
&#8220;They know that Donald Trump unfiltered with a mic where he can just blurt out crazy stuff&#8230;makes him look terrible to regular everyday Americans who will be tuned into this,&#8221; she said. She sees tens of millions of people watching this highly anticipated debate.
Setmayer said the muted mic situation is an advantage to Donald Trump but she sees Harris taking the fight to the enemy camp. &#8220;Kamala Harris is a prosecutor, she will prosecute him and it will be cross-examined in a way that he&#8217;s never been before in front of the American people and I think his campaign is bracing for it,&#8221; she said.
Mary Trump differed with her and said things have reached a tipping point. &#8220;A lot of people are sick and we have a different opponent here,&#8221; she said. Also Harris will be able to hear what he says, she added. 
See Also: <a href="https://www.benzinga.com/news/24/09/40762143/venture-capitalist-naval-ravikant-lawfare-against-trump-is-disgusting-behavior-that-could-turn-us-in">Venture Capitalist Naval Ravikant: Lawfare Against Trump Is &#8216;Disgusting Behavior&#8217; That Could Turn US Into Dictatorship — &#8216;This Selective Prosecution Thing Is A Disaster&#8217;</a>
Harris&#8217; Advantage: Brian Karem, another political commentator, said Donald Trump was not going to be any different on the stage and his performance can only reinforce those who already support him. Harris, on the other hand, has the opportunity to convince those who for whatever reason are still sitting on the fence that she&#8217;s the better choice, he said.
 &#8220;So far she has stuck to the script, and if she does that and and is levelheaded and sticks to the script and makes her points and goes after Donald where she can, she will cement that,&#8221; he said, adding that &#8220;Donald Trump is already fully in panic mode and there&#8217;s nothing worse than a cornered sewer rat.&#8221;
Damaged Personalities: Delving into Donald Trump&#8217;s psychology, his niece said damaged people, who have never resolved their trauma can become dangerous to other people. Referring to Donald Trump and his running mate JD Vance, Mary Trump said &#8220;neither of these people was properly vetted, they were allowed to just show that their facade was believed to be real and it&#8217;s so incredibly dangerous.&#8221;
Mary Trump made the point when Setmayer said Vance has unresolved childhood issues that can be traced back to his strained relationship with his mother and Donald Trump has unresolved childhood trauma issues because of his father and mother treating him the way they did and loveless.
Did You Know?
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<li>Congress Is Making Huge Investments.&nbsp;<a href="https://www.benzinga.com/gov-trades" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>

News

Politics

Media

Mary Trump: Donald Trump Could Be 'Incredibly Dangerous': Why Muted Mic Won't Be Advantage For Ex-President At Tuesday Debate

Elon Musk&#8216;s AI venture xAI is reportedly discussing a potential deal with Tesla Inc. The deal would involve Tesla licensing AI models from xAI for its Full Self-Driving software.
What Happened: The proposed deal would entail Tesla sharing a portion of its revenue with xAI. In return, xAI would contribute to the development of additional features for Tesla, such as a voice assistant similar to Siri and software for Tesla&#8217;s humanoid robot, Optimus.
The specifics of the revenue-sharing agreement would be contingent on the extent to which Tesla utilizes xAI&#8217;s technology in comparison to its own. Discussions between xAI executives and Tesla have reportedly included the possibility of an even revenue split from Tesla&#8217;s Full Self-Driving (FSD) service, <a href="https://www.wsj.com/tech/tesla-xai-partnership-elon-musk-30e22313?mod=hp_lead_pos3">reports</a> The Wall Street Journal.
Musk has been vocal about his belief that Tesla&#8217;s future is heavily dependent on advancements in robotics and artificial intelligence. Tesla&#8217;s FSD service is currently priced at $99 a month or a flat fee of $8,000. 
Additionally, Tesla is in the process of developing a robotaxi, which is expected to be unveiled on October 10.
Also Read: <a href="https://www.benzinga.com/news/24/05/38779188/elon-musks-ai-startup-could-reach-a-whopping-20-billion-valuation-exceeding-initial-expectations">Elon Musk&#8217;s AI Startup Could Reach A Whopping $20 Billion Valuation, Exceeding Initial Expectations</a>
A formal partnership with xAI aligns with Musk&#8217;s history of sharing resources across his various businesses. However, this practice has sparked concerns about potential conflicts of interest, particularly in relation to the sharing of resources between publicly traded Tesla and xAI.
Several Tesla shareholders have initiated lawsuits, alleging that the redirection of resources to xAI has adversely affected Tesla&#8217;s investors. These cases are currently under review in the Delaware Court of Chancery.
Why It Matters: The potential partnership with xAI could significantly bolster Tesla&#8217;s AI capabilities, potentially leading to enhanced features and services. 
However, the deal also raises questions about the fair distribution of resources and potential conflicts of interest, which could have implications for Tesla&#8217;s shareholders and overall market performance.
Read Next
<a href="https://www.benzinga.com/news/24/03/37766544/elon-musk-is-feuding-with-sam-altman-in-a-major-lawsuit-over-openai-and-one-appears-to-already-have">Elon Musk Is Feuding With Sam Altman In A Major Lawsuit Over OpenAI — And One Appears To Already Have The Upper Hand</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.

Tech

TSLA

Elon Musk's xAI Eyes Share of Future Tesla Revenue in Potential Deal

<a href="https://www.benzinga.com/personal-finance/24/03/37917495/warren-buffett-says-the-poor-are-most-definitely-not-poor-because-the-rich-are-rich-and-thinks-t">Warren Buffett</a>, famous for his investment savvy and for being one of the richest men on earth, made headlines for cutting ties with his granddaughter, Nicole Buffett. This story shows that even billionaires have family drama.
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<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.</li>
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Nicole is the adopted daughter of <a href="https://www.benzinga.com/news/24/08/40533087/if-warren-buffetts-son-didnt-sell-his-90k-berkshire-hathaway-inheritance-47-years-ago-to-buy-time-he">Warren's son</a>, Peter. When she was 4, her mother married Peter. In a 2008 Marie Claire article titled The Billionaire's Black Sheep, Nicole shared exactly what it felt like to be disowned by her billionaire grandfather.&nbsp;
Growing up, she spent holidays and breaks with her grandfather, enjoying some of the perks of the Buffett lifestyle. She remembers Warren giving her a $100 bill for Christmas when she was just five and giving her a private tour of the See's Candies factory he owned. The family would vacation at Warren's place in Laguna Beach twice a year.
Trending: <a href="https://www.benzinga.com/money/irs-finalizes-10-year-rule-adv">IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things &#8216;Even More Insanely Complicated&#8217;</a>
Nicole shares Buffett did pay the six-figure tuition for her art school, but he had a strict education-only policy regarding money. She said she once asked him to buy her a futon for her off-campus apartment and his secretary responded, &#8220;You know what the rules are: school expenses only."
Things took a turn in 2006 when Nicole <a href="https://www.benzinga.com/personal-finance/24/04/38157185/warren-buffetts-son-says-he-had-no-clue-what-his-dad-did-for-work-and-thought-his-job-was-checki">appeared in a documentary</a> called The One Percent, which explored the lives of the ultrawealthy. Warren wasn't pleased. According to Reuters, she stated: &#8220;My grandfather is a very private man and I decided to share what it&#8217;s like to be his granddaughter and it created a huge estrangement from him to the extent that he disowned my twin sister and myself."
See Also: The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset">How do you compare</a>?
He reportedly sent Nicole a letter that was direct and cutting. "I have not emotionally or legally adopted you as a grandchild, nor have the rest of my family adopted you as a niece or a cousin," he wrote, according to Page Six. To clarify, he signed it "Warren" instead of "Grandpa."
Nicole had also publicly discussed the family's wealth on shows like Oprah, which didn't sit well with Warren. He's always been vocal about giving his fortune to charity rather than passing it down to family.
For Nicole, the fallout was real. By 2008, she lived on $40,000 a year without cable TV and health insurance. It's far from what most people expect <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">when they hear the Buffett name</a>. Nicole said, "The first thing most people think of when they hear my last name is money."
Forbes named Warren Buffett one of the most generous philanthropists of 2024. He has given away $56.7 billion in his lifetime, focusing on health and poverty alleviation. 
Trending: The number of ‘401(k)' Millionaires is up 43% from last year —<a href="https://www.benzinga.com/money/401k-millionaires">Here are three ways to join the club.</a>
Despite being cut off from Buffett, Nicole has found success in NFTs. Her "Spirit Coins" series, featuring abstract mandalas, has gained popularity in digital art. Nicole blends her traditional art background with new technology to reach a broader audience, carving out her niche.
Read Next:
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<li>This Jeff Bezos-backed startup will allow you to<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> become a landlord in just 10 minutes, and you only need $100</a>.</li>
<li>If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends<a href="https://www.benzinga.com/money/arrived-private-credit-fund"> would you invest in it</a>?</li>
</ul>

Personal Finance

'I Have Not Emotionally Or Legally Adopted You': Warren Buffett Cut Off His Granddaughter And She Couldn't Afford Cable Or Health Insurance

As part of <a href="https://www.benzinga.com/topic/j-d-vance">JD Vance</a><a href="https://www.benzinga.com/topic/j-d-vance">'s</a> campaign tour across Arizona this last week, the Ohio senator and Republican VP candidate spoke at the Generation Church in Mesa in an event co-hosted by <a href="https://drupal-cloudfront.benzinga.com/topic/charlie-kirk">Charlie Kirk</a>, the conservative talk show host and founder of Turning Point USA.
The fireside chat-style conversation quickly turned to one of Arizona's hottest topics and major issues: the southern border, viewed as the corridor for mass entry into the U.S. of illegal migrants as well as drugs, mostly the deadly synthetic opioid <a href="https://www.benzinga.com/topic/fentanyl">fentanyl</a>. 
Vance praised former President Donald Trump's <a href="https://drupal-cloudfront.benzinga.com/topic/remain-in-mexico">"Remain in Mexico" policy</a> and the fact that he [Trump] "actually deported people and did not let them take advantage of our asylum process."
Vance <a href="https://www.c-span.org/video/?538121-1/senator-jd-vance-speaks-mesa-arizona-church">told</a> the gathering that when President Joe Biden came to power, VP Kamala Harris undid Trump's border policy leading to "the border catastrophe we have now." The results of which, Vance said, have enabled Mexican cartels to smuggle drugs into the U.S. 
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40754141/trumps-attorney-general-william-barr-accuses-biden-harris-admin-of-politicizing-cannabis-legaliz">Trump&#8217;s Attorney General William Barr Accuses Biden-Harris Admin Of Politicizing Cannabis Legalization, &#8216;Ignoring Legal Standards, Scientific Evidence&#8217;</a>
<h2 class="wp-block-heading">And Now…Kamala Harris Is Letting Cartels ‘Sex Traffic Children'</h2>
Yeah, you heard that right. "We have American citizens right now who are dying of fentanyl overdoses that the Mexican cartels brought into our communities," Vance said, casually adding that "We have thousands of missing children because Kamala Harris has left the cartels sex traffic minors in our own country."
Fact Check: According to the Department of Justice's&nbsp;<a href="https://bjs.ojp.gov/document/htdca23.pdf" target="_blank" rel="noreferrer noopener">2023 report</a>, of the 1,197 defendants charged with child sex trafficking in the U.S., 95% of them were US citizens, with the vast majority being white males.
Vance shared a personal story with Kirk and the audience about his mother who suffered from opioid addiction. "But imagine Charlie if the poison that Kamala Harris is letting come across the border today had been coming across 15 years ago, I don't think I would have gotten that second chance with my mom."
Vance recently <a href="https://www.benzinga.com/markets/cannabis/24/08/40438757/jd-vance-says-theres-fentanyl-in-marijuana-teenagers-are-using-trump-running-mate-raises-eyebrow">claimed</a> that fentanyl-laced marijuana is widely prevalent is the U.S. 
Another quick fact check: The DEA has confirmed that drug dealers have been&nbsp;<a href="https://www.dea.gov/factsheets/fentanyl" target="_blank" rel="noreferrer noopener">mixing fentanyl with other drugs</a>, though the agency&nbsp;<a href="https://www.dea.gov/resources/facts-about-fentanyl" target="_blank" rel="noreferrer noopener">has not issued</a>&nbsp;any alerts or warnings about fentanyl being found in marijuana.
That said, fentanyl remains the&nbsp;<a href="https://www.benzinga.com/markets/cannabis/24/01/36707665/dea-seizes-largest-amount-of-fentanyl-in-its-history-386m-lethal-doses-enough-to-kill-every-amer" target="_blank" rel="noreferrer noopener">leading cause of death</a>&nbsp;among Americans between the ages of 18 and 45. According to the National Institute on Drug Abuse, more than 107,000 people died from a&nbsp;<a href="https://www.benzinga.com/markets/cannabis/22/12/30022658/this-new-fentanyl-overdose-reversal-drug-is-stronger-than-narcan-heres-why" target="_blank" rel="noreferrer noopener">drug overdose in 2021</a>&nbsp;mainly due to fentanyl. The Centers for Disease Control and Prevention <a href="https://www.benzinga.com/markets/cannabis/23/05/32211957/cdc-report-fentanyl-killed-70k-people-in-2021-nida-director-volkow-says-findings-not-surprising" target="_blank" rel="noreferrer noopener">reported</a>&nbsp;that synthetic opioids, primarily fentanyl, claimed 204 lives daily on average in 2023. 
Watch the entire Vance-Kirk conversation on <a href="https://www.c-span.org/video/?538121-1/senator-jd-vance-speaks-mesa-arizona-church">C-SPAN</a>.
Now Read:
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<li><a href="https://www.benzinga.com/markets/cannabis/24/09/40761700/fda-rejection-of-mdma-could-fuel-black-market-demand-warns-ceo-of-womens-psychedelic-platform-se">FDA Rejection Of MDMA Could Fuel Black Market Demand, Warns CEO Of Women&#8217;s Psychedelic Platform SetSet</a></li>
</ul>
Photo by Lev Radin on Shutterstock.com

Cannabis

JD Vance Accuses Kamala Harris Of Allowing Cartels To 'Sex Traffic Minors,' Citing Thousands Of Missing Children

The most recent presidential polls reveal a tight race, with Vice President Kamala Harris slightly ahead <a href="https://www.benzinga.com/news/24/09/40669286/harris-vs-trump-this-candidate-leading-in-numerous-polls-transforming-political-landscape">of former President Donald Trump</a>.
What Happened: As per a survey conducted by The New York Times and Siena College, Harris and Trump are virtually neck and neck, with Trump gaining a one-point lead for the first time since the beginning of August. This development signifies the end of a series of major polling victories for Harris, indicating an extremely close presidential race.
In a Times/Siena <a href="https://www.nytimes.com/2024/09/08/us/politics/trump-and-harris-times-siena-poll.html">poll</a> conducted from September 3-6, Trump led Harris by 48%-47% among likely voters, mirroring the former president's one-point lead six weeks prior. This is one of the few instances where a major pollster has shown Trump ahead since Fox News reported him leading by 50%-49% in early August.
Nonetheless, a <a href="https://emersoncollegepolling.com/september-2024-national-poll-harris-49-trump-47/">survey</a> of likely voters conducted by Emerson College on September 3-4 showed Harris leading by two points, 49% to 47%, a slight drop from her four-point lead in Emerson's August poll. Similarly, a September 1-3 Economist/YouGov survey showed Harris leading Trump by two points, consistent with results from the previous week.
Also Read: <a href="https://www.benzinga.com/news/24/09/40761916/trump-vs-harris-majority-of-americans-anticipate-peaceful-2024-power-transfer-if-this-candidate-wins">Trump Vs Harris: Majority Of Americans Anticipate Peaceful 2024 Power Transfer If This Candidate Wins</a>
In a Bloomberg/Morning Consult survey carried out from August 23-27, Harris led Trump by two points overall in the seven battleground states that are likely to determine the election outcome: Michigan, Pennsylvania, Wisconsin, Nevada, Arizona, North Carolina, and Georgia. Harris was ahead of Trump in six of these states and tied in Arizona.
Trump&#8217;s campaign pollster, Tony Fabrizio, anticipates a temporary surge in polls for Harris, as her entry into the race is likely to invigorate Democrats. He referred to this expected increase as a "Harris Honeymoon" in a memo released shortly after a Reuters/Ipsos poll was made public.
Why It Matters: The tight race between Harris and Trump underscores the divisive political climate in the United States. 
The fluctuating poll numbers reflect the uncertainty and volatility of the current political landscape, with both candidates having strong support bases. 
The outcome of this election could have significant implications for the future direction of the country.
Read Next:
<a href="https://www.benzinga.com/news/24/08/40301432/kamala-harris-surges-ahead-of-trump-in-key-states-young-americans-bank-on-harris-for-economic-reviva" target="_blank" rel="noreferrer noopener">Kamala Harris Surges Ahead Of Trump In Key States, Young Americans Bank On Harris For Economic Revival</a>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Harris Vs Trump: A Nail-Biting Presidential Race, See Which Candidate Is Gaining The Upper Hand

We recently came across an intriguing article that reported on the earnings of a black-market weed dealer the article referred to only as Frank. Using the numbers provided in the article, we decided to calculate just how much Frank could realistically make from selling cannabis on the black market.
<h3 class="wp-block-heading">The Scenario</h3>
According to the Herb.co <a href="https://herb.co/uncategorized/weed-dealer-profits">article</a>, Frank buys a quarter-pound (QP) of cannabis for about $1,000, which seems quite expensive, but we&#8217;ll roll with it.
In Frank's region, weed is typically sold at the following prices:
<ul>
<li>$50 for an eighth&nbsp;(3.5 grams)</li>
<li>$100 for a quarter&nbsp;(7 grams)</li>
<li>$350 for an ounce&nbsp;(28 grams)</li>
</ul>
If Frank sells his product by the ounce, he'll make&nbsp;$400 in profit per QP, netting&nbsp;$100 per ounce. However, if he breaks the quarter-pound into smaller eighths, he'll make a more lucrative&nbsp;$600 in profit per QP, gaining&nbsp;$150 per ounce. 
An impressive 40% return on investment (ROI) for the first scenario, an astonishing 60% for the second.
<h3 class="wp-block-heading">How We Calculated Frank&#8217;s Earnings</h3>
To estimate Frank&#8217;s potential monthly income, we first assumed that he sells one QP of cannabis per week. With this assumption, we calculated his total monthly profits based on both selling strategies: selling by the ounce and by the eighth.
<h4 class="wp-block-heading">Scenario 1: Selling by the Ounce</h4>
<ul>
<li>Cost of a quarter-pound: $1,000</li>
<li>Selling price of an ounce: $350</li>
<li>Profit per ounce: $100</li>
<li>Total profit per QP: 4 ounces × $100 =&nbsp;$400 per QP</li>
<li>Monthly profit: $400 per QP × 4 weeks =&nbsp;$1,600 per month</li>
</ul>
<h4 class="wp-block-heading">Scenario 2: Selling by the Eighth</h4>
<ul>
<li>Cost of a quarter-pound: $1,000</li>
<li>Selling price of an eighth: $50</li>
<li>Profit per ounce: $150 (if sold in eighths)</li>
<li>Total profit per QP: 4 ounces × $150 =&nbsp;$600 per QP</li>
<li>Monthly profit: $600 per QP × 4 weeks =&nbsp;$2,400 per month</li>
</ul>
Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.
<h3 class="wp-block-heading">Impact Of Frequent Customers</h3>
But that's not the whole story. Frank reports having around 10-12 regular customers, with about 4-5 described as &#8220;good, frequent&#8221; customers who visit him every day or every other day. These frequent buyers account for a significant portion of his income. He says that $200 is the most he's made from a single transaction.
Using these details, we estimated Frank's additional monthly income from these frequent customers:
<ul>
<li>Frequent customers: An average of 4.5 customers</li>
<li>Transactions per month per customer: 15 (assuming every other day)</li>
<li>Income per transaction: $200</li>
<li>Monthly income from frequent customers: 4.5 customers × 15 transactions × $200 =&nbsp;$13,500 per month</li>
</ul>
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/08/40176980/state-by-state-price-of-weed-across-the-u-s-in-august-2024">State By State: Price Of Weed Across The U.S. In August 2024</a>
<h3 class="wp-block-heading">Total Monthly Income</h3>
When we combine Frank's profit from selling his cannabis with the income from his frequent customers, his total monthly income looks like this:
<ul>
<li>Selling by the ounce: $1,600 (monthly profit) + $13,500 (income from frequent customers) =&nbsp;$15,100 per month</li>
<li>Selling by the eighth: $2,400 (monthly profit) + $13,500 (income from frequent customers) =&nbsp;$15,900 per month</li>
</ul>
This is assuming frank has no other associated costs, which are most likely to exist in illegal markets when operating at certain scales.
While these numbers may seem staggering, it's important to remember that Frank operates outside of the legal market. Typically illegal markets charge higher prices because of the implied risks.
In the regulated cannabis industry, businesses face operational costs, including taxes, compliance fees and overhead expenses such as storefronts, employee wages and security measures. These costs significantly reduce the profit margins of legal cannabis companies.
<h3 class="wp-block-heading">Comparing To Legal Cannabis Businesses</h3>
But legal dispensaries play a crucial role in ensuring the safety and health of consumers. By adhering to strict regulations, legal businesses offer products that are <a href="https://www.benzinga.com/24/07/39795191/are-cannabis-products-safer-now-inside-the-new-testing-standards">tested for quality</a>, potency, and <a href="https://www.benzinga.com/markets/cannabis/24/04/38392257/study-finds-unsafe-levels-of-toxic-metals-in-commercially-available-cannabis-rolling-papers">harmful contaminants</a>. While <a href="https://www.benzinga.com/general/biotech/24/06/39173830/cannabis-taxes-weight-potency-or-price-impact-on-businesses-patients-consumers">taxes</a> and compliance costs—such as licensing, packaging, and marketing—may seem high, they ensure that cannabis is sold responsibly, in environments that prioritize consumer safety. The costs of ensuring safety and accountability are well worth it when weighed against the risks of unregulated products.
Frank&#8217;s ability to pull in between&nbsp;$15,100 and $15,900 per month&nbsp;is a testament to the profitability of the <a href="https://www.benzinga.com/markets/cannabis/24/07/40045638/cannabis-shops-are-selling-like-crazy-one-year-after-legalization-in-maryland-but-black-market-p">black market</a>, despite growing legalization efforts. 
The black market thrives on its ability to bypass the regulatory and tax burdens that weigh down legal sellers. 
While the profits may be enticing, operating in the black market comes with its own set of risks, especially the potential legal penalties if caught.
<ul>
<li>Read Next: <a href="https://www.benzinga.com/markets/cannabis/24/08/40638186/in-amsterdam-style-california-senate-moves-to-legalize-cannabis-farmers-markets-and-cafes">In Amsterdam Style, California Senate Moves To Legalize Cannabis Farmers Markets And Cafes</a></li>
</ul>
Cover: AI generated image

Legal

Economics

How Much Does Cannabis Black Market Dealer 'Frank' Make Per Month?

Billionaire NFL owner Shahid Khan has made his superyacht available for charter, offering a unique opportunity for those willing to shell out a cool $3 million a week.
What Happened: The superyacht, christened Kismet, is the property of Khan, the owner of the NFL&#8217;s Jacksonville Jaguars. The yacht is all set to make its first appearance at the Monaco Yacht Show later this month. Khan, who boasts a net worth of $13.3 billion as per Forbes, has officially put his new yacht up for charter.
The 122-meter luxury vessel is designed to accommodate up to 12 guests, with a crew of 36 at their disposal. It features a Balinese-inspired spa, a gym, a basketball court, and a pickleball court among other amenities. 
According to the report <a href="https://www.businessinsider.com/billionaire-nfl-owner-shahid-khan-superyacht-available-to-charter-price-2024-9">by</a> Business Insider, The yacht also includes three pools, four bars, an outdoor cinema, a DJ booth, and a grand piano.
Khan&#8217;s former superyacht, also named Kismet, was purchased by ex-Google CEO Eric Schmidt last year. The new Kismet, constructed by German shipyard Lürssen, is the largest yacht to be showcased at the Monaco Yacht Show.
Also Read: <a href="https://www.benzinga.com/news/23/11/35863341/a-retiree-was-planning-to-pay-1-million-to-live-on-a-luxury-cruise-ship-until-he-changed-his-mind-is">A Retiree Was Planning To Pay $1 Million To Live On A Luxury Cruise Ship — Until He Changed His Mind: &#8216;Is This Going To Happen In My Lifetime?&#8217;</a>
&#8220;The yacht has exceeded all expectations of the client for whom we have built his third yacht in total,&#8221; said Peter Lürssen, a managing partner at Lürssen.
While the charter fee may appear steep, additional expenses such as provisions, gratuities, and taxes can inflate the total cost of a week aboard the Kismet to a staggering $5.4 million.
Why It Matters: This move by Khan signifies a growing trend among billionaires to monetize their luxury assets. It also highlights the increasing demand for ultra-luxury experiences among the super-rich, who are willing to pay premium prices for exclusive experiences. 
The charter of Kismet also underscores the popularity of superyachts as a symbol of opulence and status among the world&#8217;s wealthiest individuals. 
The fact that Khan&#8217;s previous yacht was bought by another high-profile billionaire, Eric Schmidt, further emphasizes this point.
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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.

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In Berlin, a unique medical clinic has been quietly addressing the needs of a growing, underserved patient population: individuals experiencing lingering and disruptive effects from <a href="https://www.benzinga.com/markets/psychedelics">psychedelic substances</a>. Known as the Ambulanz Psychedelische Substanzen (Outpatient Clinic for Psychedelic Substances) and based at Charité, one of Germany's most prestigious university hospitals, the clinic was founded by psychiatrist Dr. Tomislav Majić in 2018. As The Guardian <a href="https://www.theguardian.com/wellness/article/2024/sep/06/psychedelics-side-effects-risks-clinic-berlin">reported</a>, since its inception, the clinic has become a rare haven for people suffering from conditions like hallucinogen persisting perception disorder (HPPD), anxiety and derealization after using psychedelics.
The surge in public interest surrounding psychedelics has largely focused on their potential therapeutic benefits. From treating depression and <a href="https://www.benzinga.com/topic/ptsd">PTSD</a> to aiding end-of-life anxiety, substances like psilocybin, <a href="https://www.benzinga.com/topic/mdma">MDMA</a>, and <a href="https://www.benzinga.com/topic/lsd">LSD</a> are becoming part of a new frontier in mental health treatment. However, as more people experiment with these substances recreationally or as part of self-exploration, some are left grappling with unexpected and sometimes long-term side effects.
<h3 class="wp-block-heading">When The Psychedelic Experience Persists</h3>
One such patient is James (a pseudonym to protect his privacy), who experienced a profound and distressing shift in his vision after taking psychedelic mushrooms. "I couldn't read the text on my computer screen," James recalled to The Guardian, adding that his entire visual field was filled with static. After seeking help from doctors in London, he found little support. "I was told, ‘This is why we don't do drugs,'" James said. It was clear that traditional medical professionals were not equipped to handle his symptoms.
Like many, James turned to online forums and self-diagnosed himself with HPPD, a condition where visual disturbances persist long after the drug's effects should have faded. Eventually, he found his way to Dr. Majić's clinic in Berlin. There, James received an official diagnosis and, for the first time, felt heard and understood. "The approach was completely different—nonjudgmental and focused on finding solutions," he said, per the outlet.
The clinic treats a wide range of symptoms stemming from psychedelic use. Patients arrive with conditions such as HPPD, depersonalization, psychosis, or even recurring panic attacks triggered by their drug experiences. "There are a lot of patients who suffer from psychedelic-related problems," Dr. Majić said. "They don't have anywhere to go."
<h3 class="wp-block-heading">The Clinic's Approach</h3>
The Berlin clinic operates with a harm reduction philosophy. The staff does not advise patients to stop using psychedelics entirely but rather helps them understand what might have led to their difficulties. By diagnosing the specific issue and offering a combination of medication, psychotherapy and support, they provide critical assistance to those in need. Many patients come to the clinic in search of answers after struggling for months—or even years—with their symptoms. The clinic serves about 10 to 15 patients per month, and Majić has noted the high demand despite no formal advertising.
Psychedelics have different risk profiles than traditional drugs, and while they are not known to be physically addictive or prone to causing overdose, they can lead to challenging psychological experiences. For some, a single difficult trip spirals into lasting mental health issues that they find impossible to shake without proper intervention.
<h3 class="wp-block-heading">Global Context: Persistent Side Effects</h3>
The effects of psychedelics, particularly those that persist long after the trip, are only now gaining attention from researchers. A 2023 <a href="https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0293349#sec001">study</a> by the Challenging Psychedelic Experiences Project surveyed 608 people about their long-term symptoms after psychedelic use. The findings were startling: about a third of respondents had been dealing with their symptoms for over a year. Emotional difficulties, including heightened anxiety and existential confusion, were common themes.
For some, the aftermath of a psychedelic experience leaves them grappling with existential questions that they struggle to integrate into their daily lives. Richard, another patient of the clinic, developed visual disturbances after using DMT. "I have sensitivity to light, which lingers in my vision like an afterglow," he shared with The Guardian. The anxiety that followed his trip evolved into what Dr. Majić referred to as ontological shock—an overwhelming confrontation with existential thoughts and the nature of reality.
"This type of experience is not a psychiatric disorder," explained Majić, "but it's disruptive, and people find it difficult to make sense of."
<h3 class="wp-block-heading">Expanding Support Beyond Berlin</h3>
While Berlin's psychedelic clinic is one of the few places offering specialized care for these conditions, other resources are emerging. Jules Evans, the director of the Challenging Psychedelic Experiences Project, runs an online peer <a href="https://www.ecstaticintegration.org/p/can-support-groups-make-psychedelic">support group</a> for people dealing with similar issues. Other organizations, like the Fireside Project, offer peer support hotlines. Additionally, groups dedicated to psychedelic integration, which help users process and understand their psychedelic experiences, are growing, though they often lack standardization.
The rise of psychedelics in mainstream consciousness has outpaced the infrastructure needed to support people when things go wrong. Most conventional psychiatrists lack the training to address issues that are not directly related to substance abuse but are tied to a single traumatic drug experience. "People are often told to go to addiction clinics, but that's not the problem," said Majić. "They're struggling with the aftereffects, not continued use."
<h3 class="wp-block-heading">A Future For Psychedelic Medicine</h3>
Despite these challenges, Dr. Majić remains optimistic about the future of psychedelics in medicine. He is also involved in clinical trials studying the use of <a href="https://www.benzinga.com/topic/psilocybin">psilocybin</a> for treatment-resistant depression and <a href="https://www.benzinga.com/topic/dmt">5-MeO-DMT</a>, a powerful psychedelic, for other <a href="https://www.benzinga.com/topic/psychedelic-assisted-therapies">mental health conditions</a>. "They can be beneficial," he said. "But they're also harmful for some."
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Psychedelics

Health Care

When Psychedelics Go Wrong: Inside Berlin's Specialized Clinic For Psychedelic Side Effects

Minnesota Timberwolves star Rudy Gobert has been under fire due to his perceived defensive limitations. Now, NBA legend Eddie Johnson has stepped up to defend Gobert.
What Happened: During a SiriusXM NBA Radio interview, Johnson expressed his bewilderment at the public&#8217;s perception of Gobert. He acknowledged that Gobert should address the criticism, but was puzzled by the focus on Gobert&#8217;s shortcomings rather than his strengths.
Gobert, a four-time Defensive Player of the Year winner, has been a significant defensive presence in the league. However, his performance has been under scrutiny, particularly in recent seasons, due to his struggle to adapt to the evolving requirements of the modern game, <a href="https://thesportsrush.com/nba-news-constant-hate-towards-rudy-gobert-has-nba-legend-dumbfounded/">reports</a> SportsRush.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Why does Rudy Gobert get criticized at times by other players?<a href="https://twitter.com/Jumpshot8?ref_src=twsrc%5Etfw">@jumpshot8</a> would like an answer to that question <a href="https://t.co/tMBMlgtzql">pic.twitter.com/tMBMlgtzql</a>
&mdash; SiriusXM NBA Radio (@SiriusXMNBA) <a href="https://twitter.com/SiriusXMNBA/status/1832065526312686027?ref_src=twsrc%5Etfw">September 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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"This is something that Rudy Gobert has to address, because, obviously, his demeanor on the court, maybe he is saying stuff to players that we are not privy to hearing, and maybe that's part of it. But the vitriol against this man, it baffles me,&#8221; he said during the podcast. 
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He also said, "When you got a guy that's a defensive marvel of freaking nature. But he has people nitpick on the things that he can't do at a high level.&#8221;
His five-year, $205 million contract has been a source of mockery amidst his defensive struggles. Several NBA players, including Shaquille O&#8217;Neal, have publicly questioned the logic behind this deal.
O&#8217;Neal&#8217;s harsh criticism led to Gobert defending himself on social media, a rare occurrence that earned him some support. This incident may encourage Gobert to continue voicing his stance in the future.
Why It Matters: The criticism towards Gobert&#8217;s defensive abilities has been a hot topic in the NBA community. Despite being a four-time Defensive Player of the Year, Gobert&#8217;s struggles to adapt to the modern game&#8217;s demands have raised questions about his worth, especially considering his hefty contract.
Public figures like O&#8217;Neal questioning the rationale behind Gobert&#8217;s contract has added fuel to the fire. However, the support from NBA legend Eddie Johnson could potentially shift the narrative and bring more focus to Gobert&#8217;s strengths rather than his weaknesses.
As Gobert continues to face criticism, his response and performance in the upcoming seasons will be crucial in shaping his legacy in the NBA.
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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.

NBA Legend Eddie Johnson Defends Rudy Gobert Amidst Mounting Criticism: 'The Vitriol Against This Man Baffles Me'

In the latest poll conducted by The New York Times/Siena College, Vice President Kamala Harris and former President Donald Trump are nearly tied, setting the <a href="https://www.benzinga.com/news/24/09/40669286/harris-vs-trump-this-candidate-leading-in-numerous-polls-transforming-political-landscape">stage for a riveting presidential debate</a> on Tuesday night.
What Happened: The poll, carried out between Sept. 3 and 6, shows a tight race between Harris and Trump. With 47% of likely voters backing Harris and 48% supporting Trump, the two are separated by just a single point.
This <a href="https://www.nytimes.com/2024/09/08/us/politics/trump-and-harris-times-siena-poll.html">poll</a> comes on the heels of the second presidential debate, and the first between Harris and Trump. The previous debate in June saw President Joe Biden and Trump face off, after which Biden withdrew from the 2024 race, endorsing Harris.
According to the Times/Siena poll, only 30% of likely voters believe the United States is heading in the right direction, while 60% disagree. Harris, however, leads Trump by 3.8 percentage points in an average of national polls from The Hill/Decision Desk HQ.
Also Read: <a href="https://www.benzinga.com/news/24/09/40761916/trump-vs-harris-majority-of-americans-anticipate-peaceful-2024-power-transfer-if-this-candidate-wins">Trump Vs Harris: Majority Of Americans Anticipate Peaceful 2024 Power Transfer If This Candidate Wins</a>
Despite her national lead, Harris faces a stiffer competition in swing states such as Georgia and Arizona. In these states, Harris holds a slim 0.4% lead and is neck-and-neck with Trump, respectively, according to averages of polls from The Hill/Decision Desk HQ.
The poll, which surveyed 1,695 registered voters, has a 2.8 percentage point margin of sampling error.
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Why It Matters: The upcoming presidential debate is crucial for both candidates. The nearly equal support for Harris and Trump underscores the importance of their performances in the debate. With the race so close, every point counts, and the debate could be a game-changer.
The poll results also highlight the divided opinion among voters about the direction of the country. This could be a significant factor in the election, as candidates will need to address these concerns effectively to win over undecided voters.
Moreover, the tight race in swing states like Georgia and Arizona could determine the outcome of the election. These states have historically been decisive in close elections, and the candidates&#8217; ability to win over voters in these states could be pivotal.
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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 Harris: Candidates Tied In Key Poll As Crucial Debate Nears

Dave Ramsey doesn&#8217;t sugarcoat when it comes to debt. In a recent post on X (formerly Twitter), he said, "You're never going to win with money as long as you're paying payments." Plain and simple. Ramsey says it's no accident people are struggling with money. The system's designed to keep you in debt, and as long as you&#8217;re making payments, someone else is getting rich – just not you.
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In his Aug. 29 post, he didn't hold back. "Everyone else is getting rich with your money, and you're helping them," he wrote. He's calling it how he sees it. "THEY have a plan, and WE are just wandering around wondering why we're broke." According to Ramsey, so many people are stuck living paycheck to paycheck because they're playing by someone else's rules, and those rules are designed to keep you in debt.
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He paints a picture of what that looks like. You're on the hamster wheel, working hard, running nonstop, but getting nowhere. "You'll work your butt off and feel like a rat in a wheel," he says. As long as you're making payments – to banks, credit card companies, car loans – you'll never get ahead – end of story.
So, what's the fix? Ramsey says it's about using your most powerful <a href="https://www.benzinga.com/personal-finance/24/08/40583428/you-cant-earn-your-way-out-of-stupidity-dave-ramsey-on-why-60k-earning-teachers-often-become-mil">wealth-building tool: your income. </a>But if your money's all tied up in payments, you're just making everyone else rich instead of yourself.
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In a video on Jul. 3, he digs deeper. Ramsey says, "When you give your income to someone else, you don't have it anymore." And without it, you can't save, can't invest. That's why his advice is clear: stay out of debt.
He doesn't pull punches. Borrowing money for granite countertops or that fancy car? "Stupid," he says. In his book,<a href="https://www.benzinga.com/startups/24/08/40628423/robert-kiyosaki-proudly-admits-i-am-1-2-billion-in-debt-while-dave-ramsey-warns-debt-always-equals-r"> there's no such thing as good debt.</a> "The only good debt is paid-off debt," he wrote in one of his blogs.
At the heart of Ramsey's message? Taking control of your money. "It's time to break the cycle," he says. Getting out of debt is like unlocking your potential. Trying to build wealth while still paying off debt? It's like running a marathon with your feet chained. Time to cut those chains, according to Ramsey.
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Ramsey's approach is about living intentionally with your money. When payments do not tie you down, he says, you're free to invest, save, and build wealth.
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President Joe Biden has reportedly spent approximately 40% of his tenure on vacation, totaling 532 days in less than four years.
What Happened: According to data compiled by the Republican National Committee, the average American, who receives 11 vacation days annually, would need about 48 years to match the number of days off President Biden has taken.
Mark Paoletta, former general counsel of the White House budget office under ex-President Donald Trump, criticized Biden&#8217;s frequent vacations amidst national issues such as inflation, border security, and international tensions.
The RNC pointed out that Biden&#8217;s recent vacation in Rehoboth Beach, Delaware, marked his &#8220;16th straight day on vacation,&#8221; <a href="https://nypost.com/2024/09/07/us-news/biden-took-48-years-worth-of-vacation-while-president/">reports</a> The New York Post.
Speculation has been rife that Biden&#8217;s low public profile since late July is due to disagreements with fellow Democrats, including former House Speaker Nancy Pelosi.
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Despite assurances from presidential aides that Biden continues to work remotely during his breaks, his vacation ratio significantly surpasses that of former Presidents Donald Trump, Ronald Reagan, and Barack Obama.
Why It Matters: President Biden&#8217;s frequent vacations have raised eyebrows, particularly in light of pressing national and international issues. His time off has been criticized by many, including former White House officials, who argue that the President&#8217;s focus should be on addressing these challenges.
The speculation around Biden&#8217;s low public profile and potential disagreements with fellow Democrats also adds to the controversy. These factors, combined with the comparison to former Presidents, underscore the significance of this issue.
The report&#8217;s findings could potentially impact public perception of the President and his administration, and may influence future political discourse and decision-making. 
The extent of this impact, however, remains to be seen.
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Biden Took 48 Years' Worth Of Average Worker's Vacation Days In Less Than Four Years As President

Bill Gates, co-founder of Microsoft, has addressed the widespread conspiracy theory that accuses <a href="https://www.benzinga.com/news/24/02/37058173/heres-what-bill-gates-said-he-would-ask-a-time-traveler-from-the-year-2100">him of implanting microchips in COVID-19 vaccines</a>.
What Happened: Gates was once confronted by a woman who believed in this theory. To this, Gates responded, &#8220;I really don&#8217;t need to track you in particular.&#8221;
Gates expressed his astonishment at being implicated in such conspiracy theories during an interview <a href="https://www.cnet.com/tech/services-and-software/bill-gates-talks-to-cnet-about-ai-misinformation-and-climate-change/">with</a> CNET. In 2022, he addressed the misinformation on X, stating, &#8220;Some of it like me putting chips in arms doesn&#8217;t make sense to me — why would I want to do that?&#8221;
Conspiracy theorists have also cast doubts on Gates&#8217; extensive farmland purchases. Gates, who owns approximately 275,000 acres, is the largest private farmland owner in the US. 
According to a report <a href="https://www.businessinsider.com/bill-gates-conspiracy-theory-covid-vaccine-microchips-response-2024-9">by</a> Business Insider, during a Reddit Ask Me Anything session, Gates clarified, &#8220;I own less than 1/4000 of the farmland in the U.S. I have invested in these farms to make them more productive and create more jobs. There isn&#8217;t some grand scheme involved — in fact all these decisions are made by a professional investment team.&#8221;
Also Read: <a href="https://www.benzinga.com/news/24/08/40429632/book-bill-gates-leadership-instills-fear-created-kings-court-like-atmosphere-at-foundation">Bill Gates&#8217; Leadership Instills Fear, Created &#8216;King&#8217;s Court-Like&#8217; Atmosphere At Foundation</a>
Gates has since developed a humorous outlook on these conspiracy theories, telling the BBC, &#8220;When people say that I want to track everyone — why do I want to track everyone?&#8221;
Why It Matters: Conspiracy theories surrounding Gates and the COVID-19 vaccine have been circulating for a while now. These theories have not only been a source of misinformation but have also led to a significant amount of public distrust in the vaccine. 
Gates&#8217; responses to these theories are crucial in debunking them and restoring public faith in the vaccine. 
His investments in farmland and his efforts to make them more productive also highlight his commitment to creating more jobs and contributing to the economy.
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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.

Woman Once Confronted Bill Gates On The Street Over Vaccine Conspiracy — Here's What He Said

Shortly ahead of Monday&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40696588/exclusive-apples-iphone-16-launch-will-be-disappointment-before-the-excitement-gene">iPhone 16 launch event</a>, Bloomberg columnist Mark Gurman delved into the supercycle which many are anticipating following the launch of the newest iteration of the Apple, Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) flagship product.
Gurman Dampens Hopes: Expectations of some analysts that the Apple Intelligence will set off a long-awaited super cycle for the new iPhone 16 may not materialize, <a href="https://www.bloomberg.com/news/newsletters/2024-09-08/apple-event-staggered-ai-rollout-and-same-iphone-design-means-no-super-cycle-m0tkgzqg?srnd=undefined">said</a> Gurman in his latest Power On newsletter. These analysts foresee a rush of upgrades following pent-up demand on the premise that consumers are excited about AI right now, he said.
Providing a &#8220;dose of reality,&#8221; Gurman said, &#8220;a super cycle is simply unlikely this year.&#8221;
Macroeconomics may party hinder any potential super cycle, the columnist said, adding that smartphone softness is ongoing in China and other consumers elsewhere are also holding tight to their money. 
The bigger issue boils down to the AI technology itself, the Apple specialist said. The new iPhones will look nearly identical to last year&#8217;s models except for some minor camera upgrades and other features, he said. These upgrades may not motivate consumers to upgrade, he added. 
Thirdly, Apple Intelligence tools may be a big part of Monday&#8217;s launch event, but it will increasingly become clear that consumers will have to wait for the best AI features, Gurman said.
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AI Pushbacks: Apple Intelligence isn&#8217;t fully baked and the initial version will likely miss many features, including OpenAI&#8217;s ChatGPT, said Gurman. He also noted that Apple Intelligence won&#8217;t be available in the European Union &#8211; a key market for Apple and which includes countries such as Italy, France, Spain, Sweden and Germany. It also won't be ready for China, another crucial overseas market, he added.
Many consumers aren&#8217;t well versed with AI and therefore they won&#8217;t understand why they would even need Apple Intelligence, the columnist said, adding that it may take several months for the company to explain the benefits of the technology.
The introduction of Apple Intelligence will be slow and staggered, and when the iPhone 16 ships later this month it won&#8217;t have the capabilities, Gurman said. He expects the features to start rolling out as part of the iOS 18.1 software updates in October.
The beta version of iOS 18.1 showed features that &#8220;summarize notifications and web content,&nbsp;tools to improve writing,&nbsp;a way to remove people or objects from images and automated transcriptions of phone calls, and prioritization of important emails&nbsp;within the Apple Mail app,&#8221; Gurman said.
Apple has decided to delay new image-generation features to iOS 18.2, which will release in December, he said. &#8220;That includes the Image Playground app and the Genmoji capability, which uses&nbsp;AI to make emoji&nbsp;based on inputted text,&#8221; he said.
&#8220;This spread-out&nbsp;approach means it's&nbsp;unlikely for the AI platform to be compelling enough to drive serious upgrades this year,&#8221; Gurman said. But Apple should be in a stronger position when it is time for the next iPhone, which is in the fall of 2025, he said.
&#8220;Don't&nbsp;believe the hype about an iPhone 16 super cycle. But you can start believing in one for the iPhone 17 next year,&#8221; he added.
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AAPL

'Don't Believe The Hype About An iPhone 16 Super Cycle,' Gurman Says: 'Consumers Will Have To Wait For The Best AI Features'

These ten mid-cap stocks were the best performers in August. Are they in your portfolio?
<ol>
<li>Polestar Automotive Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) shares jumped 74.19%. It reported <a href="https://www.benzinga.com//node/40629765" target="_blank" rel="noreferrer noopener">strong second-quarter deliveries</a>.</li>
<li>Upstart Holdings, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>) stock escalated 67.32% after the company reported better-than-<a href="https://www.benzinga.com//node/40322490" target="_blank" rel="noreferrer noopener">expected second-quarter results</a>.</li>
<li>Lumen Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) shares rocketed 58.13%. It reported <a href="https://www.benzinga.com//node/40204727" target="_blank" rel="noreferrer noopener">mixed second-quarter results</a>.</li>
<li>GDS Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) shares rose 52.46%. The company reported a better-than-consensus <a href="https://www.benzinga.com//node/40487035" target="_blank" rel="noreferrer noopener">second-quarter loss per share</a>.</li>
<li>Tempus AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) stock gained 51.17%. The stock got a boost from investments by Google<a href="https://www.benzinga.com//node/40419923" target="_blank" rel="noreferrer noopener"> and </a><a href="https://www.benzinga.com//node/40419923" target="_blank" rel="noreferrer noopener">SoftBank Group Corp</a><a href="https://www.benzinga.com//node/40419923" target="_blank" rel="noreferrer noopener"> (OTCPK: SFTBF)</a>.</li>
<li>Clear Secure, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YOU#NYSE">YOU</a>) shares were up 46.81%. It reported <a href="https://www.benzinga.com//node/40181525" target="_blank" rel="noreferrer noopener">better-than-expected quarterly results</a>.</li>
<li>Iovance Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) stock jumped 42.89%. The company issued upbeat guidance for 2024 and 2025 and better-than-<a href="https://www.benzinga.com//node/40288203" target="_blank" rel="noreferrer noopener">expected second-quarter earnings</a>.</li>
<li>Evolent Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVH#NYSE">EVH</a>) shares escalated 42.51%. The company initiated an auction process after receiving takeover inquiries from private<a href="https://www.benzinga.com//node/40529349" target="_blank" rel="noreferrer noopener"> equity firms and healthcare providers</a>.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) stock rose 42.23%. It reported a <a href="https://www.benzinga.com//node/40587744" target="_blank" rel="noreferrer noopener">second-quarter earnings beat</a>.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) shares grew 42.07%. The company announced that it&#8217;s on track to launch five <a href="https://www.benzinga.com//node/40398813" target="_blank" rel="noreferrer noopener">satellites in early September</a>.</li>
</ol>
Also Read:
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<li><a href="https://www.benzinga.com/news/large-cap/24/09/40764288/affirm-shopify-and-starbucks-were-among-top-10-large-cap-best-performers-for-august-are-the-others" target="_blank" rel="noreferrer noopener">Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?</a></li>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40764325/intel-moderna-and-dollar-general-were-among-top-10-large-cap-losers-in-august-are-the-others-in-yo" target="_blank" rel="noreferrer noopener">Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?</a></li>
</ul>
Photo via Company

Asia

Mid Cap

Movers

ASTS

IOVA

LUMN

PSNY

SFTBF

SMTC

UPST

AST SpaceMobile And Polestar Automotive Are Among Top 10 Best Performing Mid-Cap Stocks in August: Are The Others In Your Portfolio?

Tesla Inc (NASDAQ: <a href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) CEO Elon Musk has identified successors for his companies and he&#8217;s leaving his children out of the picture. He doesn&#8217;t even plan to hand over any of his<a href="https://www.benzinga.com/news/24/05/38662366/heir-apparent-departs-elon-musks-rumored-tesla-successor-leaves-north-america-to-sharpen-focus-on-ch"> voting shares to his kids</a>. 
What To Know:&nbsp;According to a Business Insider&nbsp;<a href="https://www.businessinsider.com/elon-musk-doesnt-plan-to-give-companies-to-kids-2023-5?utm_medium=social&amp;utm_source=facebook&amp;utm_campaign=business-sf&amp;fbclid=IwAR1_jxbgNbyCpKFtOG-kp0bJglsVvlRk09gsTI3MmeWujLQrtzbDOTJutKk">report</a>&nbsp;citing an interview at the Wall Street Journal&#8217;s CEO Council, Musk has identified recommended successors for his companies if something were to happen to him, but none of the candidates are his children.
The Tesla CEO actually believes it&#8217;s wrong for executives to pass companies down or even give voting shares to their offspring.&nbsp;
&#8220;I am definitely not of the school of automatically giving my kids some share of the companies &#8230; I think that&#8217;s a mistake,&#8221; Musk reportedly said in the interview.&nbsp;
Musk&#8217;s son X Æ A-12 might be the most well-known of Musk&#8217;s kids, given all of the attention he got for his unique name, but the billionaire has several other children, including Exa Dark Sideræl (nicknamed Y), who he secretly had with singer Grimes (Claire Boucher), and Vivian Jenna Wilson who was recently granted a name change from <a href="https://x.com/elonmusk/status/1815519696424161361?lang=en">Xavier Alexander Musk</a>, no longer wanting to be related to Musk &#8220;in any way, shape or form,&#8221; per Reuters. 
Musk isn&#8217;t the only one in the camp that believes fortunes shouldn&#8217;t be passed to children. Apple&#8217;s Steve Jobs wasn&#8217;t interested in legacy wealth building, and billionaire investor Warren Buffett only plans to leave a small percentage of his wealth to his kids — the rest has been <a href="https://www.benzinga.com/news/23/02/30950109/warren-buffett-theres-only-1-measure-of-success-without-it-life-is-a-disaster">pledged to philanthropy</a>.
See Also: <a href="https://www.benzinga.com/startups/24/09/40693497/warren-buffett-admitted-he-was-too-dumb-and-an-idiot-for-not-investing-in-amazon-early-on-but-finall">Warren Buffett Admitted He Was &#8216;Too Dumb&#8217; And An &#8216;Idiot&#8217; For Not Investing In Amazon Early On – But Finally Took The Plunge 5 Years Ago</a>
The Tesla CEO&nbsp;has already named&nbsp;potential successors at each of his companies&nbsp;if something were to happen to him.&nbsp;
&#8220;There are particular individuals identified &#8230;&nbsp;So in all cases, the board is aware of who [is] my recommendation,&#8221; Musk said.&nbsp;
The bigger issue is who would take over his voting shares, he said. He&#8217;s floated around the idea of creating an &#8220;educational institution&#8221; of some sort to control his shares.&nbsp;
Musk&#8217;s succession plans have been in focus ever since he acquired Twitter (X) for $44 billion and took the company private. Tesla investors continue to worry that Musk has his hand in too many cookie jars. Musk&#8217;s companies currently include Tesla, SpaceX, X (formerly Twitter), The Boring Company, Neuralink and xAI.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/09/40700524/mark-cuban-tells-elon-musk-delete-your-account-after-tech-billionaire-calls-tucker-carlsons-latest-e">Mark Cuban Tells Elon Musk &#8216;Delete Your Account&#8217; After Tech Billionaire Calls Tucker Carlson&#8217;s Latest Episode On WW2 And Churchill &#8216;Worth Watching&#8217;</a></li>
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Photo: Shutterstock
Some elements of this story were previously reported by Benzinga and it has been updated.

General

Elon Musk's Children Will Not Get Shares Of Tesla, SpaceX Or Billionaire's Other Companies: 'I Think That's A Mistake'

Ahead of the much-anticipated debate Tuesday night between Donald Trump and Kamala Harris, Trump has voiced his <a href="https://www.benzinga.com/news/24/09/40669286/harris-vs-trump-this-candidate-leading-in-numerous-polls-transforming-political-landscape">opinion on the &#8220;no artificial lifts&#8221; rule</a>.
What Happened: On Saturday, Trump took to Truth Social to express his views on the prohibition of &#8220;artificial lifts&#8221; for the upcoming debate. 
The encounter at the National Constitution Center in Philadelphia will be the first face-to-face encounter between Trump and Harris in a debate.
In his <a href="https://truthsocial.com/@realDonaldTrump/posts/113095938489707017">post</a>, Trump stated that &#8220;artificial lifts,&#8221; which are intended to give Harris a taller appearance, will not be allowed on the debate stage. It is unclear whether this is an official rule set by ABC or merely Trump&#8217;s speculation.
&#8220;No boxes or artificial lifts will be allowed to stand on during my upcoming debate with Comrade Kamala Harris,&#8221; Trump wrote. 
He referred to a past incident involving former New York Mayor Michael Bloomberg, who was allegedly denied a &#8220;lift&#8221; during a debate.
Also Read: <a href="https://www.benzinga.com/news/24/09/40761916/trump-vs-harris-majority-of-americans-anticipate-peaceful-2024-power-transfer-if-this-candidate-wins">Trump Vs Harris: Majority Of Americans Anticipate Peaceful 2024 Power Transfer If This Candidate Wins</a>
However, Trump&#8217;s claim about Bloomberg using a box during the 2020 Democratic primary debate remains unverified. 
&#8220;We had this out previously with former NYC Mayor Michael Bloomberg when he was in a debate, and he was not allowed a &#8216;lift.&#8217; It would be a form of cheating, and the Democrats cheat enough. &#8216;You are who you are,&#8217; it was determined!&#8221; Trump added in his note on the Truth Social.
For the record, Harris has previously claimed to stand at 5&#8217;4 and a half, reaching 5&#8217;7 and a half with heels. Trump, on the other hand, reportedly stands between 6&#8217;2 and 6&#8217;3.
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Why It Matters: The &#8216;no artificial lifts&#8217; rule has become a topic of discussion ahead of the debate. While it&#8217;s unclear whether this is an official rule or Trump&#8217;s speculation, it&#8217;s evident that height has been a point of contention in past debates. 
The upcoming face-off between Trump and Harris will certainly be watched with keen interest, with viewers likely to scrutinize every detail, including the candidates&#8217; heights.
Read Next:
<a href="https://www.benzinga.com/news/24/08/40301432/kamala-harris-surges-ahead-of-trump-in-key-states-young-americans-bank-on-harris-for-economic-reviva" target="_blank" rel="noreferrer noopener">Kamala Harris Surges Ahead Of Trump In Key States, Young Americans Bank On Harris For Economic Revival</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.

Trump Vs Harris: The Controversy Over 'No Artificial Lifts' Rule In Tuesday Debate: 'A Form of Cheating!'

These ten large-cap stocks were the worst performers in August. Are they in your portfolio?
<ol>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) stock lost 34.89% in August. The company <a href="https://www.benzinga.com//node/40602417" target="_blank" rel="noreferrer noopener">delayed filing its 10-K</a>.</li>
<li>Dollar General Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) stock decreased 30.95%. The company posted worse-than-expected second-quarter earnings, and many analysts cut the <a href="https://www.benzinga.com//node/40656935" target="_blank" rel="noreferrer noopener">price target on the stock</a>.</li>
<li>Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) stock dived 27.09%. The company posted a revenue miss for the second quarter, and <a href="https://www.benzinga.com//node/40132594" target="_blank" rel="noreferrer noopener">analysts slashed the price target</a>.</li>
<li>Temu parent PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) shares fell 24.81%. The company reported quarterly results, in which the CEO highlighted <a href="https://www.benzinga.com/news/earnings/24/08/40548945/temu-parent-pdd-posts-86-q2-topline-growth-stock-drops-after-ceo-flags-upcoming-challenges?_gl=1%2A2quf99%2A_gcl_au%2ANzQ5NDg4Nzg3LjE3MjI5NDg1NTA.%2A_ga%2AMTUwODg0NTczNy4xNzE1MTcxNjk4%2A_ga_V7ZK73W7N0%2AMTcyNTYyNjczNi4xMzIuMS4xNzI1NjQ0MzU2LjAuMC4w" target="_blank" rel="noreferrer noopener">challenges for the rest of the year</a>.</li>
<li>Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) stock plummeted 24.13% after the company reported weak results and <a href="https://www.benzinga.com//node/40115276" target="_blank" rel="noreferrer noopener">a 15% headcount reduction plan</a>.</li>
<li>Tencent Music Entertainment Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TME#NYSE">TME</a>) stock declined 21.44%. It reported a second-quarter revenue miss and <a href="https://www.benzinga.com//node/40373910" target="_blank" rel="noreferrer noopener">analysts lowered the price target</a>.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) shares went down 18.99%. It disclosed the acquisition of<a href="https://www.benzinga.com//node/40309407" target="_blank" rel="noreferrer noopener"> </a><a href="https://www.benzinga.com//node/40309407" target="_blank" rel="noreferrer noopener">Osisko Mining</a><a href="https://www.benzinga.com//node/40309407" target="_blank" rel="noreferrer noopener"> for $1.57 billion in cash</a>.</li>
<li>Charles River Laboratories International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) shares fell 18.57%. The company warned about softer demand trends from global biopharmaceutical <a href="https://www.benzinga.com//node/40222523" target="_blank" rel="noreferrer noopener">clients in the quarterly result</a>.</li>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) <a href="https://www.benzinga.com//node/40514864" target="_blank" rel="noreferrer noopener">shares decreased 17.81%</a>.</li>
<li>Neurocrine Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIX#NASDAQ">NBIX</a>) stock dived 17.04%. It presented topline data for its Phase 2 clinical study of NBI-1117568 (NBI-‘568) in <a href="https://www.benzinga.com//node/40632561" target="_blank" rel="noreferrer noopener">adults with schizophrenia</a>.</li>
</ol>
Also Read:
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<li><a href="https://www.benzinga.com/news/large-cap/24/09/40764288/affirm-shopify-and-starbucks-were-among-top-10-large-cap-best-performers-for-august-are-the-others" target="_blank" rel="noreferrer noopener">Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?</a></li>
</ul>
Photo via Shutterstock

Large Cap

INTC

MRNA

NBIX

Citigourp Global Markets 2% Protected Notes Linked To The Djia

SMCI

SNAP

Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?

<a href="https://www.benzinga.com/startups/24/09/40693497/warren-buffett-admitted-he-was-too-dumb-and-an-idiot-for-not-investing-in-amazon-early-on-but-finall">Warren Buffett</a>, the famously frugal billionaire with a nearly $138 billion net worth, is well-known for advocating fair taxation and social responsibility. However, despite his massive wealth, his potential Social Security benefit is pretty modest.
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.</li>
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Social Security benefits are based on wages, not overall wealth or net worth. Buffett, who's kept his Berkshire Hathaway salary at a relatively low $100,000 a year, would receive around $3,245 a month if he were to claim Social Security. That's a far cry from the maximum benefit of $4,873 someone can get at age 70 in 2024.
<a href="https://www.benzinga.com/personal-finance/24/05/39011316/warren-buffett-was-asked-if-social-security-was-a-government-sponsored-ponzi-scheme-for-retirees">Buffett's perspective on Social Security</a> goes deeper than his benefit. During a 2005 Berkshire Hathaway annual shareholders meeting, he explained that if he ran the government, he would raise the Social Security wage taxation cap and "certainly increase the retirement age," reflecting his belief that wealthier Americans should contribute more to ensure the program's longevity. His views also align with the idea that a rich country should care for its young and old, ensuring financial security for all.
Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." <a href="https://www.benzinga.com/money/connect-invest-real-estate-notes">These high-yield real estate notes that pay 7.5% &#8211; 9% make earning passive income easier than ever.</a>
Many Americans share this view – 85% in a 2014 survey said Social Security is more crucial than ever for a reliable retirement income.
It's no secret <a href="https://www.benzinga.com/personal-finance/24/05/38943129/social-security-fears-go-viral-should-you-claim-early-like-dave-ramsey-says">Social Security is facing serious funding issues</a>. The 2024 Trustees Report warns that the trust fund could run out by 2033, which might lead to benefit cuts. This has sparked debate about what to do next, including ideas like:
<ul>
<li>Raising the payroll tax cap (income over $168,600 isn't taxed for Social Security).</li>
<li>Increasing the retirement age to keep up with longer life spans.</li>
<li>Means-testing benefits, reducing or eliminating benefits for the wealthy.</li>
<li>Investing part of the trust fund in stocks, which comes with market risks.</li>
</ul>
See Also: Can you guess how many retire with a $5,000,000 nest egg? &#8211;<a href="https://www.benzinga.com/money/retire-5mil-nest-egg">How does it compare to the average?</a>
Interesting research also suggests that when you factor in Social Security, the wealth gap isn't as extreme as it seems. A 2023 study found that <a href="https://www.benzinga.com/personal-finance/24/04/38439971/should-you-begin-collecting-social-security-at-62-67-or-70-the-right-answer-may-depend-on-your-b">Social Security benefits</a> somewhat soften the rise in wealth inequality at the top.
Despite the funding worries, Social Security still has broad support. Surveys show that 77% of Americans think keeping the program is crucial, even if it means higher taxes for workers. And 83% back raising taxes on the wealthy to preserve it. Gallup polls from late 2023 show a more optimistic view of Social Security's future, with more people expecting to receive benefits when they retire and current retirees feeling confident about their benefits.
Trending: This billion-dollar fund has invested in the next big real estate boom,<a href="https://www.benzinga.com/money/fundrise-flagship-fund">here's how you can join for $10.</a>
It's unclear if Buffett is actually taking Social Security benefits, given his philanthropic stance and belief in fair taxation. This raises a big question: Should wealthy people get benefits they've paid into, or should it be reserved for those who need it more?
While there are potential challenges ahead, voices like Buffett's remind us of the importance of Social Security in providing a safety net for everyone. The goal is to <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">find a balance</a> that ensures the program remains strong and fair so it can continue offering that crucial security for all Americans.
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<li>Elon Musk&#8217;s secret mansion in Austin revealed through court filings.<a href="https://www.benzinga.com/money/elon-musk-secret-mansion-austin-nada"> Here&#8217;s how to invest in the city&#8217;s growth before prices go back up.</a></li>
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Can You Guess How Big Billionaire Warren Buffett's Social Security Check Is? Here's A Hint – It's Not The Max

These ten large-cap stocks were the best performers in August. Are they in your portfolio?
<ol>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) shares escalated 66.58% in August. It reported&nbsp;strong&nbsp;fourth-quarter&nbsp;earnings and <a href="https://www.benzinga.com//node/40630056" target="_blank" rel="noreferrer noopener">upbeat&nbsp;first-quarter&nbsp;guidance</a>.</li>
<li>CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) stock jumped 34.99%. The company reported better-than-expected&nbsp;second-quarter&nbsp;results, and analysts boosted <a href="https://www.benzinga.com//node/40528470" target="_blank" rel="noreferrer noopener">stock price forecasts</a>.</li>
<li>Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) shares rose 34.11%. It reported strong second-quarter results and <a href="https://www.benzinga.com//node/40599688" target="_blank" rel="noreferrer noopener">issued&nbsp;above-estimate guidance</a>.</li>
<li>Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) stock upped 29.95%. The company reported strong&nbsp;<a href="https://www.benzinga.com//node/40368174" target="_blank" rel="noreferrer noopener">results for the&nbsp;second quarter</a>.</li>
<li>Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) stock upped 29.91%. The company inked a deal to be bought by privately held <a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener">Mars</a><a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener"> for&nbsp;$83.50&nbsp;per share</a>.</li>
<li>Nutanix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) stock escalated 28.96%. It reported&nbsp;fourth-quarter results, and many analysts&nbsp;<a href="https://www.benzinga.com//node/40626089" target="_blank" rel="noreferrer noopener">boosted the stock's price target</a>.</li>
<li>Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) shares rose 28.64%. The company reported better-than-<a href="https://www.benzinga.com//node/40226872" target="_blank" rel="noreferrer noopener">expected&nbsp;fourth-quarter results</a>.</li>
<li>MercadoLibre, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) stock rocketed 28.37%.</li>
<li>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) shares were up 27.33%. It posted a strong earnings report and several analysts&nbsp;<a href="https://www.benzinga.com//node/40268815" target="_blank" rel="noreferrer noopener">revised the price target</a>.</li>
<li>Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) stock was up 25.91%. Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) CEO and Chairman Brian Niccol was named Starbucks' new Chairman and <a href="https://www.benzinga.com//node/40338228" target="_blank" rel="noreferrer noopener">Chief Executive Officer, effective September 9</a>.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40764325/intel-moderna-and-dollar-general-were-among-top-10-large-cap-losers-in-august-are-the-others-in-yo">Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?</a></li>
</ul>
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