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Chinese researchers have successfully used D-Wave&#8216;s quantum annealing systems to break classic encryption RSA, potentially accelerating the timeline for when quantum computers could pose a <a href="https://www.benzinga.com/news/24/04/38062763/microsofts-information-security-culture-cloud-vulnerabilities-to-blame-for-2023-china-linked-cyberat">real threat to widely used cryptographic systems</a>.
What Happened: The research team, led by Wang Chao from Shanghai University, demonstrated that D-Wave&#8217;s quantum computers can optimize problem-solving to attack encryption methods such as RSA, <a href="https://www.csoonline.com/article/3562701/chinese-researchers-break-rsa-encryption-with-a-quantum-computer.html">reported</a> CSO Online. 
Their findings were published in the Chinese Journal of Computers under the title &#8220;Quantum Annealing Public Key Cryptographic Attack Algorithm Based on D-Wave Advantage.&#8221;
The researchers successfully factored a 22-bit RSA integer using the D-Wave Advantage, showcasing the potential for quantum machines to tackle cryptographic problems. This study marks the first time a real quantum computer has posed a substantial threat to multiple full-scale SPN structured algorithms in use today.
&#8220;The advancement of quantum computers can seriously threaten data security and privacy for various enterprises, affecting fundamental principles such as confidentiality, integrity, and authentication,&#8221; said Prabhjyot Kaur, a senior analyst at Everest Group.
&#8220;The growing threat from quantum computers requires immediate attention to ensure the security of our digital future,&#8221; the researchers warned in the paper.
See Also: <a href="https://www.benzinga.com/news/24/10/41306527/apples-low-cost-vision-pro-could-hit-the-shelves-next-year-everything-you-need-to-know-about-iphone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple&#8217;s Low-Cost Vision Pro Could Hit The Shelves Next Year — Everything You Need To Know About iPhone Maker&#8217;s Plan To Challenge Meta</a>
Why It Matters: This development comes in the wake of other significant <a href="https://www.benzinga.com/news/24/10/41200026/chinese-hackers-breach-at-t-verizon-networks-in-major-wiretap-data-theft-putting-us-national-securit">cybersecurity events involving China</a>, such as the breach of AT&amp;T and Verizon networks by Chinese hackers, further underscoring the growing cyber threat posed by China.
Earlier in 2023, a cyberattack linked to China exploited vulnerabilities in Microsoft Corp&#8217;s cloud security, <a href="https://www.benzinga.com/news/24/04/38062763/microsofts-information-security-culture-cloud-vulnerabilities-to-blame-for-2023-china-linked-cyberat">compromising high-ranking U.S. officials&#8217; accounts</a>. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41284533/nvidias-blackwell-chip-faces-amds-mi350-challenge-in-2025-ceo-lisa-su-says-beginning-not-the-end-of?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia&#8217;s Blackwell Chip Faces AMD&#8217;s MI350 Challenge In 2025: CEO Lisa Su Says, &#8216;Beginning, Not The End Of The AI Race&#8217;</a></li>
</ul>
Image Via Unsplash
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

News

Tech

Chinese Researchers Use Quantum Computers To Reportedly Crack RSA Encryption, Raising Alarms In Cybersecurity Community

Himax Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIMX#NASDAQ">HIMX</a>), an industry leader in fabless display driver ICs and other semiconductors, today announced the successful mass production of its cutting-edge In-Cell Touch TDDI (Touch and Display Driver Integration) solution, the HX83132, for high-end LCD AI laptops. The HX83132 has already been adopted by several leading panel makers across the board. By entering mass production during the third quarter of 2024, this marks a significant milestone for the first-of-its-kind, innovative product. As notebook brand customers increasingly prioritize product differentiation and value enhancement, the integration of touch functionality into displays of high-end laptops and AI PCs has emerged as a key trend. Himax HX83132 is featured in one marquee brand's first AI laptops, which boasts a 15.3-inch, 2.8K high-resolution touch display with a 120Hz refresh rate, significantly enhancing both interactivity and visual experience for seamless, intuitive user operations.
In-cell TDDI has become a mainstream technology for LCD displays, characterized by the seamless integration of touch functionality with display driver ICs. This integration not only simplifies the supply chain but also provides substantial cost benefits to panel manufacturers. Having pioneered the mass production of In-cell TDDI technology for mid-sized tablets and automotive displays in 2019, Himax has established itself as the industry leader by introducing an industry-first touch display solution supporting screen sizes of up to 45 inches for ultra-large automotive applications. The newly launched HX83132 series further expands the application of In-cell TDDI technology to laptops, boasting a unique design architecture that pairs seamlessly with timing controller (Tcon) chips supporting various eDP specifications which make it suitable for both mainstream and high-end LCD laptops. This TDDI and Tcon configuration effectively minimizes the need for supporting components, resulting in a more compact PCB size and narrower bezel design. The HX83132 series offers precise touch sensitivity, ensuring smooth human-machine interaction, significantly enhancing user experience and improving productivity.
The industry-leading HX83132 In-cell TDDI solution offers the following key features:
<ul>
<li>Flexible support for diverse panel sizes and resolutions: The advanced chip architecture can interconnect up to 6 chips, accommodating a wide range of laptop display needs with support for screen sizes up to 16 inches and resolutions up to 4K &nbsp;</li>
<li>Optimized and streamlined module architecture design: The HX83132 solution outperforms competition by providing more display and touch channels at the same resolution while utilizing fewer ICs. Additionally, the integrated microprocessor and level shifter minimize the need for external components, resulting in a smaller PCB size and enhanced design efficiency &nbsp;</li>
<li>Leveraging existing architecture for rapid In-cell Touch upgrades: The HX83132 features a state-of-the-art, integrated proprietary display driver and touch controller architecture. From a display perspective, it utilizes a standard Tcon architecture, which enables pure display panels, without the need for a dedicated Tcon for the In-cell touch functionality. Meanwhile, the TDDI integrates an in-house proprietary distributed touch microprocessor architecture, specifically designed to handle the high computational demands of touch data processing, effectively reducing development time &nbsp;</li>
<li>Comprehensive support for various power-saving operation scenarios: The HX83132 is compatible with eDP 1.4 and eDP 1.5 Tcons, and supports multiple power-saving features, including Panel Self Refresh (PSR) and User-Based Refresh Rate (UBRR), optimizing energy efficiency across different usage scenarios</li>
</ul>

HIMX

Himax Begins Mass Production of Advanced In-Cell Touch Tech for AI Laptops

Macro Economic Events

Econ #s

Economics

Eurozone ZEW Economic Sentiment For October 20.1 Vs. 16.9 Est.; 9.3 Prior

Eurozone Industrial Production (MoM) For August 1.8% Vs. 1.8% Est.; -0.5% (Revised) Prior

Germany ZEW Economic Sentiment For October 13.1 Vs. 10.2 Est.; 3.6 Prior

Germany ZEW Current Conditions For October -86.9 Vs. -84.5 Est.; -84.5 Prior

Lipella Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIPO#NASDAQ">LIPO</a>), a clinical-stage biotechnology company focused on developing therapies for serious diseases with unmet medical needs, today announced the receipt of a notice of allowance from the U.S. Patent and Trademark Office (USPTO) for its proprietary liposomal drug delivery platform. The patent application, U.S. Patent No. 17/829,960, titled "Delivery of Agents Using Metastable Liposomes," covers key innovations in Lipella's platform technology for delivering therapeutic agents via liposome-based vehicles.

LIPO

Lipella Pharmaceuticals Announced U.S. Patent Allowance for Innovative Liposomal Drug Delivery Platform

Mercantile Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBWM#NASDAQ">MBWM</a>) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $1.17 by 4.27 percent. This is a 6.15 percent decrease over earnings of $1.30 per share from the same period last year. The company reported quarterly sales of $58.000 million which beat the analyst consensus estimate of $56.831 million by 2.06 percent. This is a 0.36 percent decrease over sales of $58.207 million the same period last year.

Earnings

Earnings Beats

MBWM

Mercantile Bank Q3 2024 GAAP EPS $1.22 Beats $1.17 Estimate, Sales $58.000M Beat $56.831M Estimate

Today, the U.S. Department of Commerce and Wolfspeed (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wolf#NYSE">WOLF</a>) announced they have signed a non-binding preliminary memorandum of terms (PMT) for up to $750 million in proposed direct funding under the CHIPS and Science Act. In addition, a consortium of investment funds led by Apollo, The Baupost Group, Fidelity Management &amp; Research Company and Capital Group have agreed to provide Wolfspeed an additional $750 million of new financing. Together these investments support Wolfspeed's long-term growth plans and bolster domestic production of silicon carbide to power clean energy systems underpinning electric vehicles (EVs), artificial intelligence (AI) data centers, battery storage and more. In addition, Wolfspeed expects to receive $1 billion of cash tax refunds from the advanced manufacturing tax credit under the CHIPS and Science Act (section 48D), giving the company, in total, access to up to $2.5 billion of expected capital to support the expansion of silicon carbide manufacturing in the United States.

Financing

Small Cap

WOLF

Wolfspeed Announces $750M in Proposed Funding from U.S. CHIPS Act and Additional $750M From Investment Group Led By Apollo, Galvanizing Global Leadership in Delivering Next-Generation Silicon Carbide Technology

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) sold more <a href="https://www.benzinga.com/topic/tesla-cybertruck">Cybertrucks</a> in the U.S. in the third quarter than the sales of Rivian R1T and Ford F-150 Lightning put together, according to new estimates from automotive research company Kelley Blue Book (KBB.)
What Happened: According to KBB&#8217;s estimates, Tesla sold 16,692 Cybertrucks in the third quarter while <a href="https://www.benzinga.com/markets/equities/24/10/41182921/rivians-production-forecast-hits-bump-supply-shortage-sends-shares-tumbling">Rivian sold 3,817 R1Ts</a> and <a href="https://www.benzinga.com/news/24/10/41179283/fords-us-ev-sales-gather-pace-in-q3-even-as-its-best-seller-mustang-mach-e-suv-slows-down">Ford sold 7,162 F-150 Lightning trucks</a>. 
Other electric trucks to be sold in the U.S. include the GMC Sierra EV of which the brand sold 387 units and the GMC Hummer truck. GMC, however, sells both truck and SUV versions of the vehicle, the cumulative sales of which touched 4,305 units.
The sales of all EV trucks put together still fall short of the 16,692 units of Cybertruck sold by Tesla in the third quarter. 
Tesla does not provide a model-wise breakdown of EV sales, leaving third-party estimates the sole data available to gauge model sales. 
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>EV Model</td>
<td>Q3 Sales</td>
</tr>
<tr>
<td>Ford F-150 Lightning</td>
<td>7,162</td>
</tr>
<tr>
<td>GMC Hummer Truck / SUV</td>
<td>4,305</td>
</tr>
<tr>
<td>GMC Sierra EV</td>
<td>387</td>
</tr>
<tr>
<td>Rivian R1T</td>
<td>3,817</td>
</tr>
<tr>
<td>Tesla Cybertruck</td>
<td>16,692</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Kelley Blue Book</figcaption></figure>
Why It Matters: Cybertruck is the latest offering from Tesla. The company started delivering the truck to customers in November and is currently ramping up production. 
However, the surge in sales of the Cybertruck has negatively impacted other premium models of Tesla including the Model S and X.
According to KBB estimates, Model S sales in the U.S. fell by about 47% in the U.S. in the last quarter while Model X sales slipped by 29%.
Overall Tesla sales in the U.S., however, rose by about 7% to 166,923, cementing its position as the best-selling EV brand in the country, seconded by General Motors&#8217; <a href="https://www.benzinga.com/news/24/10/41136007/gms-ev-sales-rise-in-q3-on-the-back-of-new-models-chevrolet-equinox-ev-tops-charts">Chevrolet which sold 19,933 EVs</a> on the back of the popularity of its Blazer EV and Equinox EV.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41324450/elon-musk-says-spacexs-next-generation-starlink-satellites-will-be-so-big-that-only-starship-can-lau">Elon Musk Says SpaceX&#8217;s Next-Generation Starlink Satellites Will Be &#8216;So Big That Only Starship Can Launch Them:&#8217; Will Offer 10X Increase In Bandwidth And Reduced Latency</a></li>
</ul>
Photo courtesy: Shutterstock

RIVN

TSLA

Tesla Cybertruck Leads The Pack As Most Popular EV Truck In US In Q3, Outselling Rivals From Ford, GM And Rivian Combined

<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4277339-1&amp;h=836508196&amp;u=http%3A%2F%2Fwww.viasat.com%2F&amp;a=Viasat%2C+Inc.">Viasat, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSAT#NASDAQ">VSAT</a>), a global leader in satellite communications, today announced it has successfully demonstrated direct-to-device satellite connectivity in India for the first time.
&nbsp;
Working alongside partner&nbsp;BSNL, India's telecommunications provider, Viasat engineers successfully showcased satellite-powered two-way messaging services for attendees at India Mobile Congress — one of Asia's largest technology fairs.&nbsp;Viasat is currently working with its partners, including BSNL in India, to power the expansion of satellite services on consumer and IoT devices across the world.
In the trial,&nbsp;Viasat demonstrated two-way messaging and SoS messaging using a commercial Android smartphone enabled for non-terrestrial network (NTN) connectivity. The messages were sent roughly 36,000km to one of Viasat's geostationary L-band satellites. The outcome proves satellite services to cell phone connectivity is technically feasible for Indian consumers and businesses using Viasat's satellite network.
Direct-to-device connectivity is a new technology which allows everyday devices – like mobile phones, smart watches, or cars – industrial machinery, and transport operators to connect seamlessly to both terrestrial and satellite coverage. This means devices can stay connected from any location without the need for dedicated hardware to connect to satellites. The new technology follows new&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4277339-1&amp;h=838258284&amp;u=https%3A%2F%2Fwww.3gpp.org%2F&amp;a=global+mobile+3GPP">global mobile 3GPP</a>&nbsp;release 17 standards, which are currently being adopted by satellite operators, mobile network operators, handset and chipset manufacturers.
Viasat has a longstanding heritage in providing satellite safety services – including providing the backbone of the Global Maritime Distress and Safety Service (GMDSS), with more than 120,000 connected safety terminals, and flight deck safety communications for over 12,000 aircraft. It provides these highly reliable safety communications through its licensed L-band spectrum.
Viasat is also a founding member of <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4277339-1&amp;h=2011879482&amp;u=https%3A%2F%2Fwww.mss-association.org%2F&amp;a=MSSA">MSSA</a>, a non-profit industry association formed to support open interoperable architectures and standards for integrating terrestrial and NTN services. For mobile network operators, using existing licensed satellite spectrum avoids tying up valuable cellular spectrum and avoids new regulatory approval processes.

Government

Regulations

VSAT

Viasat and BSNL Showcase Direct-to-Device Satellite Connectivity Breakthrough in India

Carly Rowena, a fitness influencer from the UK, fell victim to a cryptocurrency scam, losing £5,700 ($7,450). She recounted her ordeal, aiming to educate others on avoiding similar pitfalls.
What Happened: Rowena was deceived into transferring her crypto assets to an Instagram account she mistakenly believed was operated by a financial expert. The account was actually controlled by a scammer who had compromised her friend&#8217;s profile. She admitted feeling &#8220;stupid&#8221; upon discovering the scam.
Talking to <a href="https://www.cnbc.com/2024/10/15/influencer-scammed-out-of-thousands-in-crypto-has-a-tip-to-avoid-scams.html">CNBC</a> recently, she advises to be wary of deals that appear &#8220;too good to be true&#8221; and taking time to reflect and consult with someone before making decisions. 
&#8220;No opportunity will just vanish in a second,&#8221; Rowena told.
See Also: <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-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Donald Trump Says His Crypto Project World Liberty Financial Will Start Selling Tokens On Tuesday</a>
Additionally, Rowena suggests keeping screenshots of communications as proof and reaching out to banks or trusted entities for advice. Despite the incident, she continues to engage with her audience on social media, providing wellness tips.
Meta, the parent company of Instagram, is currently investigating the fraudulent account involved in the scam. The company has stated its dedication to tackling fraud on its platforms.
Why It Matters: The incident with Rowena is part of a broader issue within the cryptocurrency sector, which has been plagued by scams and fraudulent activities. Recently, the FBI dismantled<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41265329/fbi-busts-25m-crypto-fraud-ring-18-charged-in-operation-token-mirrors-involving-fake-token"> a $25 million crypto fraud ring</a> called &#8220;Operation Token Mirrors,&#8221; leading to the arrest of several individuals across different countries. This operation highlighted the scale of fraudulent activities in the crypto market.
Moreover, Gary Gensler, chair of the U.S. Securities and Exchange Commission, emphasized in May that while the crypto sector is a small part of the overall market, it accounts for a <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38672190/crypto-an-outsized-piece-of-the-scams-and-problems-in-markets-gary-gensler">disproportionately large share</a> of scams and frauds. He has called for stronger regulatory frameworks to address these issues. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41303762/trumps-election-odds-on-polymarket-gary-genslers-doubts-about-cryptocurrencys-future-shiba?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Election Odds On Polymarket, Gary Gensler&#8217;s Doubts About Cryptocurrency&#8217;s Future, Shiba Inu Lead</a></li>
</ul>
Image via Freepik
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

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

Cryptocurrency

Markets

General

This Fitness Influencer Who Lost Big in Crypto Scam Shares Key Tips To Avoid Falling For 'Too Good To Be True' Traps

The <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41319060/s-p-500-extends-record-highs-dow-breaks-43-000-ahead-of-pivotal-earnings-week-bitco">S&amp;P 500 and the Dow Jones Industrial Average are perched at record highs</a>, while the Nasdaq Composite is on the cusp of joining its major counterparts in record territory. Unfazed by the stretched valuations, CNBC Mad Money host Jim Cramer on Monday raised the specter of further upside. 
Earnings Boost: The market isn&#8217;t overbought and therefore there is room to run, Cramer said in a post. The stock picker apparently sees earnings as one of the biggest catalysts that can propel stocks higher.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Earnings tomorrow and the market isn&#39;t overbought so there is room to run but the pesky bonds are back open tomorrow and they have been horrendous
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1845938169478361260?ref_src=twsrc%5Etfw">October 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
 The earnings flow resumes after a pause on Monday owing to the Columbus Day holiday. 
See Also: <a href="https://www.benzinga.com/money/best-small-cap-stocks">Best Small Cap Stocks</a>
JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) kickstarted the big bank earnings on Friday with a splash. The shares ended the session up over 4% after the third-quarter results came in ahead of expectations. JPMorgan&#8217;s peer Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) also reported encouraging earnings.
More earnings will follow on Tuesday and notable among those reporting are:
<ul>
<li>Bank of America Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</li>
<li>Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>)</li>
<li>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</li>
<li>Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)</li>
<li>PNC Financial Services Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>)</li>
<li>Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>)</li>
<li>UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>)</li>
<li>Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>)</li>
<li>J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>)</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</li>
</ul>
Data compiled by FactSet shows cumulative earnings of S&amp;P 500 companies rising by 4.1% in the third quarter. Although a slowdown from the 11.2% growth in the second quarter, the profit growth streak will likely extend to five quarters.
Downside Risk: Cramer termed the bond market performance &#8220;horrendous,&#8221; potentially upsetting the equity market&#8217;s rhythm. &#8220;But the pesky bonds are back open tomorrow and they have been horrendous,&#8221; he said.
The bond market was closed on Monday and will reopen on Tuesday.
Bond yields have begun to tick higher, especially after the September non-farm payrolls report surprised to the upside. The upward move solidified after the consumer price inflation for September came in more than expected. 
The 10-year bond yield dipped under 3.6% in mid-September but has rallied above 4% since then, as investors unwind some of their aggressive rate-cut bets.
In an interview with CNBC, Fund Strat Head of Research Tom Lee said the unseasonable market trend showed macro data has become less important. A lot of cash that has remained on the sidelines is flowing back to the market, he said, adding that the economy has remained resilient as opposed to expectations for a recession.
When asked about the days when the market came back up from steep losses in the futures market and finished solidly higher, the strategist said skeptical investors, wary of a potential recession that never materialized, have remained under-invested in stocks. <a href="https://www.benzinga.com/24/10/41300013/jp-morgan-and-wells-fargo-report-better-than-expected-q3-results-that-reflect-resilient-u-s-consumer">Earnings have also been resilient, </a>he added.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), an exchange-traded fund that tracks the S&amp;P 500 Index, rose 0.82% to $584.32 on Monday, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data, </a>marking a record closing high. 
Image via Flickr

Analyst Color

Bonds

Media

Trading Ideas

JBHT

SCHW

Jim Cramer Says Earnings Season Will Fuel Market's Record Run, But Warns Of This 'Horrendous' Headwind That Could Apply Brakes To Rally

Oculis Holding AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCS#NASDAQ">OCS</a>) ("Oculis"), a global biopharmaceutical company purposefully driven to save sight and improve eye care, today announced that an update on the DIAMOND Phase 3 program with OCS-01, an OPTIREACH&#xAE; formulation of high concentration dexamethasone eye drop, for diabetic macular edema (DME) will be presented by David Eichenbaum, M.D. at Innovate Retina. In addition, Riad Sherif, M.D., Oculis' Chief Executive Officer, will be presenting at Eyecelerator 2024, ahead of the American Academy of Ophthalmology Annual Meeting where Oculis will be exhibiting (booth 5452). &nbsp;
Both presentations from Dr. Eichenbaum and Dr. Sherif will highlight the robust results with OCS-01 eye drops in DME from Stage 1 of the DIAMOND program at Week 12 and will present the design of Stage 2 to assess the efficacy and safety of OCS-01 eye drops for the treatment of DME at Week 52. Both Phase 3 trials (DIAMOND-1 and DIAMOND-2) are ongoing and aim to enroll 350 patients each.
Furthermore, Dr. Sherif's presentation will highlight upcoming near-term milestones, including the topline results from the ACUITY Phase 2 trial with OCS-05 for the treatment of acute optic neuritis, anticipated before the end of 2024.
Eyecelerator 2024 Format: Corporate presentation Session: Retina Showcase Presenter: Riad Sherif, MD, Chief Executive Officer Presentation date and time: October 17, 2024 at 2:06 pm CT Location: McCormik Place, Chicago, IL
Innovate Retina Presentation title: OCS-01: novel topical approach for macular edema Session: New Routes and New Molecules Presenter: David Eichenbaum, MD Presentation date and time: October 17, 2024 at 5:31 pm CT Location: InterContinental Chicago Magnificent Mile, Chicago, IL
David Eichenbaum, M.D. is a board-certified ophthalmologist, fellowship-trained in diseases and surgery of the vitreous and retina and he is a Partner and Director of Research at Retina Vitreous Associates of Florida. Dr. Eichenbaum has served as Principal Investigator in over 90 Phase 1 though Phase 4 clinical trials and has published over 70 articles in professional journals, published multiple textbook chapters and regularly presents his work in scientific congresses. He also serves on numerous Clinical and Scientific Advisory Boards and National Executive Steering Committees for both commercial and pipeline products. Dr. Eichenbaum completed the Medical Honors Program at the University of South Florida, earning his undergraduate and medical degree in Tampa. He completed his Ophthalmology residency at the University of South Florida, where he served as Chief Resident, and completed his two-year Surgical Retina fellowship at Tufts New England Eye Center and Ophthalmic Consultants of Boston.

Oculis Showcases Results for Diabetic Eye Treatment at Innovate Retina and Eyecelerator 2024

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index moved to the &#8220;Extreme Greed&#8221; zone on Monday.
U.S. stocks settled higher on Monday, with the Dow Jones index closing the session above the 43,000 level for the first time. The S&amp;P 500 also surged to record highs during the session.
U.S. major averages also recorded gains for the fifth straight week, with the S&amp;P 500 and Nasdaq adding 1.1% each, while the Dow gained 1.2% last week.
Most sectors on the S&amp;P 500 closed on a positive note, with information technology, real estate, and utilities stocks recording the biggest gains on Monday. However, energy stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed higher by around 201 points to 43,065.22 on Monday. The S&amp;P 500 rose 0.77% to 5,859.85, while the Nasdaq Composite rose 0.87% to close at 18,502.69 during Monday's session.
Investors are awaiting earnings results from Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), Bank of America Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), and The Goldman Sachs Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 76, the index moved to the &#8220;Extreme Greed&#8221; zone on Monday, versus a prior reading of 74.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/24/10/41320317/wall-streets-most-accurate-analysts-weigh-in-on-3-tech-and-telecom-stocks-with-over-4-dividend-yield">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 4% Dividend Yields</a></li>
</ul>
Photo courtesy: Shutterstock

Pre-Market Outlook

Dow Settles Above 43K For First Time Ahead Of Big Earnings: Fear Index Moves To 'Extreme Greed' Zone

Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) will release earnings results for its fourth quarter, before the <a href="https://www.benzinga.com/quote/WBA/earnings">opening bell on Tuesday, Oct. 15.</a>
Analysts expect the Deerfield, Illinois-based company to report quarterly earnings at 36 cents per share, down from 67 cents per share in the year-ago period. Walgreens projects to report revenue of $35.75 billion for the quarter, compared to $35.42 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Walgreens shares fell 2.3% to close at $9.00 on Monday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Morgan Stanley analyst Erin Wright maintained an Underweight rating and cut the price target from $9 to $7 on Oct. 11. This analyst has an accuracy rate of 76%.</li>
<li>Truist Securities analyst David Macdonald maintained a Hold rating and cut the price target from $13 to $10 on Oct. 7. This analyst has an accuracy rate of 74%.</li>
<li>UBS analyst Kevin Caliendo maintained a Neutral rating and slashed the price target from $17 to $12 on July 3. This analyst has an accuracy rate of 72%.</li>
<li>RBC Capital analyst Ben Hendrix maintained a Sector Perform rating and cut the price target from $22 to $13 on July 2. This analyst has an accuracy rate of 70%.</li>
<li>Deutsche Bank analyst Scott George Hill maintained a Hold rating and lowered the price target from $23 to $22 on April 3. This analyst has an accuracy rate of 63%.</li>
</ul>
Considering buying WBA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="485" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15035732/image-105-1024x485.png" alt="" class="wp-image-595414" style="width:604px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15035732/image-105-1024x485.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15035732/image-105-300x142.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15035732/image-105-768x364.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15035732/image-105.png 1367w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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<li><a href="https://www.benzinga.com/markets/24/10/41320317/wall-streets-most-accurate-analysts-weigh-in-on-3-tech-and-telecom-stocks-with-over-4-dividend-yield">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 4% Dividend Yields</a></li>
</ul>

Price Target

Analyst Ratings

Walgreens Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Owned by former Microsoft Corp. CEO Steve Ballmer, the Intuit Dome, <a href="https://www.benzinga.com/24/09/40760154/will-bezos-buy-the-celtics-or-not-latest-reports-say-that-he-will">the new home</a> of the LA Clippers, is making headlines for its unique approach to enriching the fan experience.
What Happened: In an interview with &#8220;60 Minutes,&#8221; Ballmer, who led <a href="https://www.benzinga.com/markets/equities/24/07/39588200/bill-gates-hired-steve-ballmer-as-the-first-business-manager-at-microsoft-and-now-is-behind-him-">Microsoft for over 13 years</a>, expressed his dislike for long lines, particularly in stadium bathrooms.
This is why, the Intuit Dome, a $2 billion project funded by Ballmer, boasts over 1,400 toilets and&nbsp;urinals. The idea behind this is to reduce wait times and get fans back into the game quicker.
&#8220;I really hate it when&nbsp;people wait in line,&#8221; Ballmer&nbsp;said during the interview noting that he believes that&nbsp;waiting in line for the&nbsp;bathroom &#8220;stops people from getting&nbsp;back into the game.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41284533/nvidias-blackwell-chip-faces-amds-mi350-challenge-in-2025-ceo-lisa-su-says-beginning-not-the-end-of?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia&#8217;s Blackwell Chip Faces AMD&#8217;s MI350 Challenge In 2025: CEO Lisa Su Says, &#8216;Beginning, Not The End Of The AI Race&#8217;</a>
&#8220;I sweated more at Microsoft but I don&#8217;t worry any less at the Clippers and I don&#8217;t worry about the revenue and the day-to-day, he stated, adding, &#8220;Winning, I do worry about winning.&#8221;
The Intuit Dome also features&nbsp;high-tech additions such as sensors to gauge fan enthusiasm and&nbsp;a massive, double-sided &#8220;Halo&#8221; screen&nbsp;made up of over 70&nbsp;LED displays.
&#8220;We have sensors around the building that can tell down to the individual seat level how loud you are. Now, we&#8217;re not listening to your conversation, but let&#8217;s say we say okay for this game, the person who produces the most decibels the most consistently will get a free hamburger the next game,&#8221; Ballmer said.
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: Ballmer&#8217;s wealth has been a significant factor in his ability to fund such ambitious projects. 
Earlier this year in July, Ballmer&#8217;s net worth<a href="https://www.benzinga.com/news/24/07/39656863/steve-ballmer-is-now-worth-just-as-much-as-if-not-more-than-his-old-boss-bill-gates"> briefly surpassed that of</a> Microsoft co-founder Bill Gates, with both estimated to be worth $158 billion each.
At the time of writing, Ballmer had a net worth of $146 billion, making him the eighth on the Bloomberg Billionaire <a href="https://www.bloomberg.com/billionaires/">Index</a>.
In 2007, Ballmer infamously mocked the iPhone, saying, "$500? Fully subsidized? With a plan? I said that is the most expensive phone in the world.&#8221;
In the same interview with 60 Minutes, Ballmer expressed regret, saying, they missed the boat on phones.
He stated that several key engineers were focused on other projects and that they approached the phone market with a mindset too similar to their Windows strategy, which ultimately didn&#8217;t work.
Ballmer also acknowledged that a shift in thinking was needed much earlier.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="L.A. Clippers owner Steve Ballmer: The 60 Minutes Interview" width="500" height="281" src="https://www.youtube.com/embed/RU95q1ic6L4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41301420/end-of-an-era-apples-16-year-old-accessory-is-out-of-stock-worldwide?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">End Of An Era? Apple&#8217;s 16-year-Old Accessory Is Out Of Stock Worldwide</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: Wikimedia

Sports

Ex-Microsoft CEO Steve Ballmer's $2B Intuit Dome, Home Of LA Clippers, Aims To Resolve This Hurdle In Delivering The Ultimate Fan Experience: 'Hate It When People Wait In Line'

China is reportedly considering issuing 6 trillion yuan, approximately $850 billion, in ultra-long special treasury bonds over the next three years. This potential move aims to bolster the nation&#8217;s slowing economy through fiscal stimulus.
What Happened: Sources indicate that the funds from these bonds will be partially used to help local governments manage their hidden debts. This speculation follows the Ministry of Finance&#8217;s announcement to address local government debt pressures, although specific figures were not disclosed during a recent press briefing, according to a <a href="https://www.caixinglobal.com/2024-10-14/exclusive-china-may-issue-6-trillion-yuan-in-treasury-bonds-to-buttress-economy-102245341.html">report</a> by Caixin Global on Tuesday.
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41322578/teslas-chinese-rivals-move-to-calm-fears-of-an-european-invasion-that-threatens-legacy-players-n?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla&#8217;s Chinese Rivals Move To Calm Fears Of An European &#8216;Invasion&#8217; That Threatens Legacy Players: &#8216;Not Going To Overthrow Anybody Who&#8217;s Developed Over 100 Years&#8217;</a>
Xing Zhaopeng, a senior China strategist at ANZ, shared with Reuters that this development aligns with expectations. He stated, &#8220;For next year, we still think a growth target of around 5% is likely to be maintained. So, for a 5% growth rate, that should be enough.&#8221;
Why It Matters: The anticipation of China&#8217;s fiscal stimulus has been a significant factor influencing investor sentiment. Recently, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41316058/chinese-stocks-etfs-struggle-as-multi-trillion-yuan-stimulus-hopes-fall-short-yet-m">U.S.-listed Chinese stocks</a> experienced a downturn as investors were left underwhelmed by a high-level briefing from Chinese authorities that did not meet expectations for substantial economic measures. Despite hints of increased fiscal support, the absence of a large-scale package has left traders disappointed.
Stocks such as Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), and JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) have seen declines of 6% to over 8% in the past five days. Similarly, Chinese electric vehicle stocks like NIO Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) and XPeng Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) <a href="https://www.benzinga.com/government/24/10/41312039/whats-going-on-with-us-listed-chinese-stocks-alibaba-baidu-nio-xpeng-on-monday">have also traded lower</a>, with other EV stocks, including Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), losing over 3% to 11% in the same period.
Price Action: According to <a href="https://pro.benzinga.com">Benzinga Pro</a>, at the time of writing on Tuesday during the after-hours, Invesco Golden Dragon China (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGJ#NASDAQ">PGJ</a>) was showed a 2.13% decline while iShares MSCI China Multisector Tech ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCHI#NASDAQ">TCHI</a>) was up by 4.28%, Meanwhile, iShares China Large Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) was up by 0.27%, while iShares MSCI China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NASDAQ">MCHI</a>) was down by 0.35%.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41182930/china-was-tipping-into-a-japan-style-lost-decade-of-deflation-and-stagnation-before-late-septemb?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">China Was Tipping Into A Japan-Style &#8216;Lost Decade&#8217; Of Deflation And Stagnation Before Late-September Stim</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.
Image via Shutterstock

Asia

Global

BABA

BIDU

MCHI

PowerShares Golden Dragon Halter USX China Portfolio

TCHI

XPEV

As China's Stimulus Hype Wanes, Beijing Reportedly Weighs $850B Special Treasury Bonds To Stimulate Economy And Tackle Local Debt

SpaceX&#8216;s next generation of <a href="https://www.benzinga.com/topic/starlink">Starlink satellites</a> will be so big that it can only be launched by the company&#8217;s bigger Starship launch vehicle, company CEO Elon Musk said on Monday.
What Happened: SpaceX currently launches its Starlink satellites to the low-Earth orbit on its Falcon rocket. However, the next generation of Starlink satellites would be bigger and would need to be launched on Starship, Musk said, while adding that it would ensure better performance.
SpaceX requested the Federal Communications Commission (FCC) on Friday to modify the operational parameters of its next-generation satellite system.
SpaceX requested authority to lower the altitude of its next-generation Starlink satellites, bringing them closer to Earth, and for permission to use authorized frequencies with more flexibility. Granting these modifications, SpaceX said, will deliver fiber-like broadband and ubiquitous mobile connectivity and help close the digital divide for billions of people. 
&#8220;The next generation Starlink satellites, which are so big that only Starship can launch them, will allow for a 10X increase in bandwidth and, with the reduced altitude, faster latency,&#8221; Musk said on Monday. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The next generation Starlink satellites, which are so big that only Starship can launch them, will allow for a 10X increase in bandwidth and, with the reduced altitude, faster latency <a href="https://t.co/HLYdjjia3o">https://t.co/HLYdjjia3o</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1845884681050276333?ref_src=twsrc%5Etfw">October 14, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Michael Nicolls, VP of Starlink Engineering, had previously hinted at future Starlink launches aboard Starship.
"The next generation Starlink satellite will launch on Starship and deliver gigabit connectivity anywhere in the world,&#8221;&nbsp;Nicolls said&nbsp;on Sunday.&nbsp;Starlink is the <a href="https://www.benzinga.com/news/24/09/41061483/spacexs-starlink-now-connects-4m-customers-with-more-than-6k-operational-satellites-adds-a-million-u">satellite internet division of SpaceX.</a> 
<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">The next generation <a href="https://twitter.com/Starlink?ref_src=twsrc%5Etfw">@starlink</a> satellite will launch on Starship and deliver gigabit connectivity anywhere in the world. We got one step closer to that reality today with an amazing Flight 5! <a href="https://t.co/tFvxInrBfU">https://t.co/tFvxInrBfU</a>
&mdash; Michael Nicolls (@michaelnicollsx) <a href="https://twitter.com/michaelnicollsx/status/1845609488570810874?ref_src=twsrc%5Etfw">October 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Starship is the biggest launch vehicle made to date, towering at about 121 meters and capable of carrying up to 150 metric tonnes to space.
In comparison, SpaceX&#8217;s Falcon 9 and Falcon Heavy vehicles are only 70 meters tall.
However, Starship is still undergoing testing and development and is yet to carry any payload to space. Its last test flight was conducted on Sunday and the company <a href="https://www.benzinga.com/news/24/10/41317860/elon-musk-went-from-examining-debris-from-falcon-1-flight-to-spacex-successfully-catching-booster-of">caught the rocket&#8217;s booster back at the launch tower</a> minutes after launch, demonstrating the reusability of its design.
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>.
Read More:
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<li><a href="https://www.benzinga.com/news/24/10/41308588/tesla-superchargers-increase-on-the-road-to-spacexs-starbase-despite-global-slowdown-in-deployment" target="_blank" rel="noreferrer noopener">Tesla Superchargers Increase On The Road To SpaceX's Starbase Despite Global Slowdown In Deployment</a></li>
</ul>
Photo courtesy: SpaceX

SPACE

Elon Musk Says SpaceX's Next-Generation Starlink Satellites Will Be 'So Big That Only Starship Can Launch Them:' Will Offer 10X Increase In Bandwidth And Reduced Latency

Democratic presidential nominee Kamala Harris is considering appearing on popular podcast Joe Rogan Experience as she looks to secure more male voters in the run-up to the presidential election.
What Happened: Harris&#8217; campaign team has been in discussions with Rogan&#8217;s team, but the interview has not been confirmed yet, Reuters reported on Tuesday, citing sources. 
The podcast, &#8220;The Joe Rogan Experience,&#8221; has a large following of young men, a demographic that Harris is keen to engage with.
Rogan, who hosts the most popular podcast in the United States, has a dedicated audience of millions. An interview with him would provide Harris with a platform to reach out to her supporters, particularly Black male voters, a group that she is actively targeting with her latest policy proposals.
Despite the potential interview with Rogan, Harris&#8217; campaign is also planning an interview with Fox News, a network known for its conservative programming that often supports Donald Trump, the Republican nominee, according to the report.
See Also: <a href="https://www.benzinga.com/news/24/10/41304701/anthony-scaramucci-foresees-harris-win-stay-calm-lets-keep-working?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Anthony Scaramucci Foresees Harris Win: &#8216;Stay Calm, Let&#8217;s Keep Working&#8217;</a>
Trump, who has had public disagreements with Rogan in the past, has also expressed his intention to appear on the podcast before the election. The race between Harris and Trump is currently very close, with the outcome expected to hinge on the results in seven swing states.
Earlier this year, Rogan <a href="https://www.benzinga.com/markets/equities/24/02/36914209/spotify-inks-multiyear-deal-with-podcast-king-joe-rogan-amid-shifting-strategy">secured a new deal</a> with Spotify Technology SA, reportedly valued at up to $250 million.
Harris&#8217; campaign did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga&#8217;s</a> request for comment.
Why It Matters: Harris&#8217; potential appearance on Rogan&#8217;s podcast comes at a time when the issue of male voters has been a focus of the presidential campaign. 
Rogan has been an influential voice in the political landscape, with his podcast reaching millions of young men. His concerns about the potential threat to the First Amendment if Harris were to become president were echoed by Tesla Inc. CEO Elon Musk, who reposted a tweet <a href="https://www.benzinga.com/news/24/09/41067075/elon-musk-reacts-after-joe-rogan-warns-about-threat-to-first-amendment-if-kamala-harris-becomes-pres">highlighting Rogan&#8217;s warning</a>.
Rogan has been a prominent <a href="https://www.benzinga.com/24/10/41143390/joe-rogan-warns-about-ferocious-efforts-to-prevent-trumps-re-election-are-unprecedented">figure in political discussions</a>, often expressing strong opinions on various candidates. Earlier this month, Rogan highlighted what he described as &#8220;unprecedented&#8221; efforts to prevent Trump&#8217;s re-election, mentioning alleged assassination attempts that were not widely covered by the media.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/24/10/41308384/mark-cuban-clashes-with-bill-ackman-after-billionaire-fund-manager-calls-kamala-harris-startup-tax-d?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Clashes With Bill Ackman After Billionaire Fund Manager Calls Kamala Harris&#8217; Startup Tax Deduction Proposal &#8216;Extremely Misleading&#8217;</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Entertainment

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Politics

Kamala Harris Eyes Appearance On Joe Rogan Experience To Appeal To Male Voters As Presidential Race With Trump Heats Up: Report

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CAPSTONE INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Capstone To Contact Him Directly To Discuss Their Options

CGRN DEADLINE ALERT: ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Capstone Green Energy Corporation Investors to Secure Counsel Before Important December 12 Deadline in Securities Class Action - CGRN, CGRNQ

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Capstone Green Energy Corporation (CGRN)

CAPSTONE DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Capstone Green Energy Corporation and Encourages Investors to Contact the Firm

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DEADLINE ALERT for NKLA, CGRN, DMTK, and FTCH: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

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