Cosmos Health (NASDAQ:COSM) Stock, Quote.Headers.trade-ideas

Cosmos Health

Cosmos Health Inc is engaged in the nutraceuticals sector through its own proprietary lines of products 'Sky Premium Life' and 'Mediterranation'. Additionally, the firm is operating in the pharmaceutical sector through the provision of a broad line of branded over-the-counter drugs and branded and generic medicines. The company's focus will be on Branded Pharmaceuticals, Over-the-Counter medicines, and Generic Pharmaceuticals. It provides its products to wholesale drug distributors, wholesalers, and retail healthcare providers. The company's segment are Wholesale, Pharma Manufacturing, Nutraceuticals & Pharmaceuticals and Other. It derives maximum revenue from Wholesale Segment.

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Virax Biolabs has signed a distribution agreement to commercialize RT PCR Mpox virus detection kits in Europe and Gulf countries, amid a WHO-declared international health emergency due to rising mpox cases.

EXCLUSIVE: Virax Biolabs Inks Distribution Pact For Mpox Diagnostic Kits In Europe And Middle East

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Cosmos Health announced that it continues to hold the right to distribute mpox real-time PCR detection kits under its agreement with Virax Biolabs 

Why Cosmos Health Stock Is Moving Higher Wednesday

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On Thursday afternoon, the global healthcare company announced it had signed an exclusive distribution agreement with Pharmalink for 130,000 units of its Sky Premium Life products in the United Arab Emirates.

Why Cosmos Health Stock Is Trading Higher Friday

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Anthony Scaramucci, who worked very briefly as White House Communications Director under former President Donald Trump, in an interview published on Wednesday shared his insights into the <a href="https://www.benzinga.com/news/24/09/40913930/kamala-harris-moves-from-13-point-deficit-to-7-point-lead-over-trump-in-survey-of-fund-managers-stra">2024 presidential race</a>.
Impressed With Harris: Vice President Kamala Harris has done a good job so far despite her late-entry into the race, said Scaramucci in an <a href="https://www.wsj.com/video/events/anthony-scaramucci-on-harris-vs-trump/C105B408-F8D1-4E0C-8B21-79D02BF0E52D.html?mod=WSJvidctr_upnext_pos0">interview</a> with The Wall Street Journal. When President Joe Biden decided to quit the race and endorsed her, she had to simultaneously do three things &#8211; merging her staff with his re-election team, get the delegates to commit to her and also find a way to be respectful to the president, he said.
The vice president had to get the nomination, knocking the other potentially contenders, and prepare for the debate as well, he said. &#8220;I think she's done an incredible job in a very short period of time,&#8221; he added. 
The critics may still point out that she needs to do more interviews, flesh out her economic agenda and speak with greater clarity about what she wans to do, what her vision is, Scaramucci said. All that is coming and she started the process but she may not do as many interviews as the media would like, he said.
&#8220;If you think about where she was on July 21st and where she is here in the middle of September I think II would give her an A plus in terms of her execution,&#8221; he added.
See Also: <a href="https://www.benzinga.com/news/24/09/40936316/elon-musk-says-warren-buffett-is-positioning-for-kamala-harris-win-with-his-277b-cash-pile-as-pro-tr">Elon Musk Says Warren Buffett Is Positioning For Kamala Harris Win With His $277B Cash Pile As Pro-Trumper John Paulson Warns Of Equity Market Exit</a>
How Harris Differs: Scaramucci said the vice president differed from Trump in building a team or coalition. &#8220;If you like President Trump&#8230;. you sort of know what you're getting. You're getting a team of one. It's him. He's in the spotlight,&#8221; the ex-White House aide said.
Trump doesn&#8217;t like other people speaking for him, which was evident when he rebuked his running mate Sen. JD Vance (R-Ohio) during the debate for speaking for him, Scaramucci said. Harris has gone now to a very broad group of people and asked for help from Republicans and Democrats on debate prep, he added. 
To make his case, Scaramucci noted that he, who was a lifelong Republican, was called to go into the spin room and advocate on her behalf, and she got the endorsement of former Republican Congresswoman Liz Cheney and her father and former Vice President Dick Cheney.
&#8220;Think of the coalition that she's building and and think about her willingness to do that,&#8221; he said.
3 Focal Points: Scaramucci said irrespective of who wins, three things are important. The next president should strengthen U.S.&#8217; alliances and move toward the allies and not away from them. &#8220;That would send a very big message to the world that America is committed to peace and long term prosperity for our trading partners and for the cause of freedom around the world,&#8221; he said. Trump, meanwhile, wants to go toward isolationism, he added.
Secondly, the U.S. has to address the<a href="https://www.benzinga.com/general/macro-notification/24/04/38337484/is-the-us-national-debt-unsustainable-we-cant-have-a-deficit-of-7-of-the-gdp"> looming debt crisis, </a>Scaramucci said. &#8220;When you are spending over a trillion dollars of tax receipts on interest payments and you're looking at $2 trillion deficits a year we have to do something about that and we can fix that&#8230; but it would take 15 or 20 years,&#8221; he said. He called upon Americans to back the political leader who is offering a 10-20 year plan to right-size the deficits. 
The third important thing would be to redo the tax code to create more economic incentives for growth in the blue states, Scaramucci said. The state and local income tax deduction limitation that the Trump administration put in, in Dec. 2017 has hurt the overall economy, he said.
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Scaramucci: Donald Trump Is A 'Team Of One', Kamala Harris Has 'Done An Incredible Job'

Arab-American voters, represented by 31-year-old Palestinian American Ruwa Romman, face a complex <a href="https://www.benzinga.com/topic/2024-election" target="_blank" rel="noreferrer noopener">dilemma this election season</a> in Georgia.
Romman, a legislator in the swing state, was nominated to represent the Uncommitted National Movement, <a href="https://www.aljazeera.com/features/longform/2024/9/18/denied-the-democratic-convention-stage-ruwa-romman-focuses-on-whats-next" target="_blank" rel="noreferrer noopener">reported</a> Al Jazeera. This protest initiative aims to urge Democratic presidential nominee Kamala Harris to reconsider her support for Israel&#8217;s actions in Gaza.
While she planned to share her family&#8217;s story at the Democratic National Convention in mid-August, she didn&#8217;t get the chance.
Nonetheless, her advocacy outside the convention has propelled her into the national spotlight.
Romman embodies the struggle many Arab-Americans experience as they balance their support for the Democratic Party with criticism of its largely pro-Israel platform.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40969619/trump-ally-sarah-huckabee-sanders-jabs-kamala-harris-for-not-having-biological-children-doesnt-have" rel="noreferrer noopener">Trump Ally Sarah Huckabee Sanders Jabs Kamala Harris For Not Having Biological Children: &#8220;Doesn&#8217;t Have Anything Keeping Her Humble!&#8221;</a>
Romman was among three speakers proposed by the movement to convey the Palestinian experience at the convention.
In an interview with Al Jazeera, she mentioned that, had she been allowed to speak, her address would have included an endorsement for Harris.
Romman viewed her potential speech as a chance to humanize the plight of Palestinians, who have lost over 41,250 lives in the ongoing conflict. When questioned about whether she would rule out endorsing Harris, Romman indicated that she didn&#8217;t have a definite answer. She mentioned that she had extended her endorsement, but noted that neither the Harris campaign nor the DNC acknowledged it.
Regarding the issue of an official endorsement, she remarked that it was more a matter for them to decide, rather than for her.
Born in Jordan, Romman made history in 2022 as the first Muslim woman elected to the Georgia State House of Representatives. She was part of a record wave of 153 Muslim-American candidates who won office during that year&#8217;s midterm elections.
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Markets

Georgia's Ruwa Romman: First Muslim Woman in State House Navigates Complex Political Landscape

<a href="https://www.benzinga.com/topic/kevin-oleary">Kevin O'Leary</a>, the outspoken investor known as <a href="https://www.benzinga.com/startups/24/09/40839130/were-looking-for-a-real-a-e-and-youre-in-kevin-oleary-on-how-he-got-his-infamous-shark-tank-role">&#8220;Mr. Wonderful&#8221; from Shark Tank</a>, didn't always plan on being a business mogul. His first love was something completely different: photography.&nbsp;
Fresh out of high school, Kevin dreamed of turning his passion into a career. He even set up a lab in his basement and was doing everything he loved. But his father had a harsh dose of reality for him.
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"You're not good enough and you'll starve to death," his dad bluntly told him. His father pushed him to go to college and earn a degree, telling him not to follow his heart. This tough love turned out to be some of the best advice Kevin could have received, even though it might have felt like his aspirations were being dashed.
<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">When I first wanted to be a photographer, My dad told me I wasn&#39;t good enough—I&#39;d starve. So, I got an MBA and ended up building and selling a company for $4.2 billion. It all came together—business, creativity, and the drive to win. I wouldn&#39;t change a thing. <a href="https://t.co/Xv8ttJFk2V">pic.twitter.com/Xv8ttJFk2V</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1836031341428633623?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
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Kevin took his father's advice and went to college, eventually earning an MBA. Though it wasn't part of his original plan, this degree would later be a game-changer. He soon found a way to merge his passion for photography and production with his business skills, launching his first company, Special Event Television, which produced programming for East Coast hockey games.
That first venture set the stage for a highly successful career. Kevin and his co-founders eventually sold the company and Kevin used the money to start his next venture, a software business called Softkey, which he later sold for $4.2 billion.
Trending: Unlock a $400 billion opportunity by investing in the future of EV infrastructure on<a href="https://www.benzinga.com/money/dunamis-1"> this startup already valued at $50 million with just $500</a>.
Still in his mid-30s,<a href="https://www.benzinga.com/startups/24/09/40776473/it-was-boring-kevin-oleary-explored-every-beach-on-earth-after-he-first-got-rich-but-the-highs-and-l"> Kevin decided to retire</a> and live the kind of financially independent life that most of us can only imagine. He traveled the world, visiting the most beautiful beaches and other stunning locations. However, something unexpected happened – he found himself bored in spite of the luxury and endless travel. &#8220;I went to every beach on Earth,&#8221; he says, but after three years, &#8220;It was really boring.&#8221;
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The excitement of creating something, taking chances and participating in the business world was something he missed. Retirement proved unsatisfactory, even though it seemed like the ultimate goal.
Apart from his father giving him tough advice, Kevin also credits his mother for giving him some of the best financial advice he ever received. <a href="https://www.benzinga.com/general/24/05/39037170/shark-tanks-kevin-oleary-declares-the-best-advice-he-ever-received-from-his-mom-spend-the-interest-n">She taught him</a> and his brother a simple but effective lesson: "Boys, never spend the principal, only the interest." Although he didn&#8217;t fully understand it then, this lesson has guided him throughout his life and career.
Kevin O'Leary's life story shows that success typically doesn't follow a straight line but often involves following difficult-to-hear advice.
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Kevin O'Leary's Dad Warned Him He'd 'Starve To Death' If He Pursued His Passion. Getting An MBA Ended Up Changing His Life

<a href="https://www.benzinga.com/topic/donald-trump" target="_blank" rel="noreferrer noopener">Donald Trump</a> returned to North Carolina on Saturday to campaign in Wilmington, a key battleground in the upcoming November election.
However, he was without Lt. Gov. Mark Robinson, the GOP gubernatorial nominee and one of Trump&#8217;s primary supporters in the state, <a href="https://apnews.com/article/trump-mark-robinson-north-carolina-wilmington-1bc79594567860c9ffe7f44375fac847" target="_blank" rel="noreferrer noopener">reported</a> AP News.
A CNN <a href="https://edition.cnn.com/2024/09/19/politics/kfile-mark-robinson-black-nazi-pro-slavery-porn-forum/index.html" target="_blank" rel="noreferrer noopener">report</a> on Thursday regarding Robinson&#8217;s inflammatory remarks about race, gender, and sexual orientation <a href="https://www.benzinga.com/news/24/09/40968051/republicans-in-damage-control-mode-after-mark-robinsons-remarks-spark-concern-for-trump-campaign-goi" target="_blank" rel="noreferrer noopener">has left the Republicans scrambling</a>.
As per the CNN report, Robinson commented on a pornography website&#8217;s message board, where he self-identified as a &#8220;Black Nazi&#8221; and expressed a desire for the return of slavery.
Democrats, on the other hand, are highlighting Robinson&#8217;s connections to other candidates, including Trump, who has previously praised the North Carolina lieutenant governor.
Also Read:<a target="_blank" href="https://www.benzinga.com/news/24/09/40968051/republicans-in-damage-control-mode-after-mark-robinsons-remarks-spark-concern-for-trump-campaign-goi" rel="noreferrer noopener"> Republicans In Damage Control Mode After Mark Robinson&#8217;s Remarks Spark Concern For Trump Campaign: &#8216;Going To Have An Up-Ballot Effect,&#8217; Says GOP Consultant</a>
Robinson was not scheduled to attend the Wilmington event, said AP News, citing two individuals with knowledge of the situation, who requested anonymity.
Although Robinson secured victory in his GOP gubernatorial primary back in March, he has fallen behind Democratic nominee Josh Stein, the state attorney general, in several recent polls.
State Republican leaders continue to support Robinson, but his choice to persist with his campaign might jeopardize the GOP&#8217;s chances in other crucial races, including Trump&#8217;s efforts in a battleground state he has won twice before.
Trump has consistently expressed admiration for Robinson, a Black politician, calling him a figure reminiscent of Martin Luther King, but with added intensity. When endorsing Robinson prior to the GOP gubernatorial primary, Trump stated that he believes Robinson surpasses King in significance, AP News added.
While presidential candidates have focused more on the Rust Belt states like Pennsylvania, Michigan, and Wisconsin, both Trump and Harris have made several visits to North Carolina, underscoring the state&#8217;s significance.
After Biden exited the race in July, Trump organized his first major rally there, shifting his attention entirely toward Harris.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Controversial Ally Mark Robinson Absent From Donald Trump Rally In Pivotal North Carolina

Mary Trump, a psychologist and author, last week shared her thought on her uncle <a href="https://www.benzinga.com/topic/donald-trump">Donald Trump</a><a href="https://www.benzinga.com/topic/donald-trump">&#8216;s</a> psychology and also the media sane-washing him.
Lover Of Violence: Mary Trump called her uncle a lover of violence, especially when it is committed on his behalf, <a href="https://www.marytrump.org/p/the-bringer-of-violence">said</a> Mary Trump in a Substack post. Weighing in on a second assassination attempt against the former president, she noted that it was only a few days before the incident that he refused to condemn the bomb threats, school evacuations, and general sense of terror in Springfield, Ohio, that he and his running mate Sen. JD Vance (R-Ohio) have unleashed by their &#8220;vicious targeting of Haitian immigrants who live and work there.&#8221;
&#8220;Threats of violence and actual violence from the right are now a regular part of our political discourse and behavior —Donald makes sure of that on an almost daily basis,&#8221; she said.
Mary Trump noted that in early days of her uncle&#8217;s 2016 campaign, he encouraged rally goers to assault protesters. &#8220;Before and during the assault on the Capitol on Jan. 6, 2021, Donald encouraged and stoked violence and people listened,&#8221; she said. 
&#8220;Every day, Americans pay the price while Donald sets the world on fire with his provocations and then spends the day playing golf, completely insulated from the chaos he sows,&#8221; she added.
The former president believes that the only way to maintain his grip on power is to &#8220;keep us divided, angry, and afraid,&#8221; Mary Trump said.
&#8220;America can't go on like this,&#8221; she said, adding that &#8220;I worry about what will happen in the next 50 days and the uncertain weeks that will follow.&#8221; 
See Also: <a href="https://www.benzinga.com/content/40955366/anthony-scaramucci-says-trumps-3-legged-stool-strategy-of-racism-misogyny-and-anti-immigration-will">Anthony Scaramucci Says Trump&#8217;s 3-Legged Stool Strategy Of &#8216;Racism, Misogyny And Anti-Immigration&#8217; Will Misfire: Here&#8217;s What Would Seal The Deal For Kamala Harris</a>
Sane-washing Trump: Mary Trump also <a href="https://www.youtube.com/watch?v=fzAaOdvkIDw">shared</a> a MSNBC interview in which she discussed about the media sane-washing Donald Trump. &#8220;They are just pretending that he said these understandable, coherent things but much worse than that they are imbuing his meaningless statements with meaning that is not there,&#8221; she said. This makes the former president more serious and less delusional than he actually is, she added.
For years now, it has been told that some of the most disqualifying things about Donald Trump are baked in and so nobody cares about them anymore, the psychologist said. But she called it as a &#8220;wrong take.&#8221; This &#8220;gives him an enormous advantage because he can do anything and we are all just supposed to assume that that&#8217;s just fine and it gives him permission to get away with worse,&#8221; she said. 
Although this isn&#8217;t anything new, it is now just increasingly less hinged, more delusional, more dangerous, Mary Trump said, adding that the people he surrounds himself with have always been awful, they too are becoming more dangerous to democracy and to American citizens.
Mary Trump also delved into her uncle&#8217;s claims about <a href="https://www.benzinga.com/news/24/09/40937559/jd-vances-unverified-rumors-about-haitian-immigrants-stir-gop-discomfort-distracting-from-real-issue">Haitian illegal immigrants eating pets in Springfield, Ohio</a>. This is just the latest example of something he has been doing for years. This is stochastic terrorism,&#8221; she said, adding that this is deadly serious.
&#8220;Donald Trump has and will get people killed because of his dangerous rhetoric and the fact that he is willing to stop at nothing if he thinks demeaning the most vulnerable people among us is going to get him another vote,&#8221; Mary Trump said.
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Trading Ideas

Mary Trump Says Americans Pay The Price As Her Uncle Sets World On Fire With His Provocations: 'I Worry About What Will Happen'

Wall Street is rejoicing as the Federal Reserve&#8217;s half-point rate cut triggers a market rally, even amidst rising apprehensions <a href="https://www.benzinga.com/general/market-summary/24/08/40429168/s-p-500-records-best-week-of-the-year-amid-favorable-economic-reports-what-really-drove-th">about inflated valuations</a>.
What Happened: The Federal Reserve&#8217;s lenient approach has uplifted the economic forecast, resulting in a jump in U.S. stocks and commodities, and a reduction in bond market volatility. 
The Nasdaq 100 experienced its most significant two-week surge since November, dismissing worries that the Fed chief had postponed concluding a two-year fight against inflation.
Nonetheless, inflated valuations are emerging as a substantial hurdle, leaving little margin for mistakes if any event disrupts investors&#8217; large-scale bets, <a href="https://www.bloomberg.com/news/articles/2024-09-20/risk-appetites-rage-as-powell-proves-hero-in-high-priced-markets?srnd=homepage-americas&amp;sref=TBDibEcD">reports</a> Bloomberg.
A model adjusting S&amp;P 500 earnings yields and 10-year Treasury rates for inflation suggests that cross-asset pricing is now higher than at the commencement of all previous 14 Fed easing cycles, typically linked with recessions.
Also Read: <a href="https://www.benzinga.com/news/24/08/40541128/fed-chair-powells-signal-sets-stage-for-rate-global-central-banks-hint-at-interest-rate-cuts-in-revi">Fed Chair Powell&#8217;s Signal Sets Stage For Global Rate Cuts As Central Banks Aim To Revive Economy</a>
Lauren Goodwin, economist and chief market strategist at New York Life Investments, cautions that while high prices are just one factor contributing to a multifaceted market environment, they amplify market vulnerability if any other aspect goes awry.
U.S. stocks surged, propelling the S&amp;P 500&#8217;s total return for 2024 above 20%. The index leaped 1.7% on Thursday, marking its 39th record close of the year, following the Fed&#8217;s rate cut and data indicating labor market resilience.
However, many stock-valuation measures are stretched, including the Buffett indicator, which divides the total market capitalization of U.S. stocks by the total dollar value of the nation&#8217;s GDP. This indicator is near a record high, at a time when Warren Buffett has recently downsized some high-profile equity holdings.
Why It Matters: Despite these concerns, the rally in U.S. stocks persists, justified by earnings growth keeping pace with high valuations.
However, the potential for disappointment is high in the Treasury market, where futures trading continues to anticipate more interest-rate cuts than Fed policymakers themselves see as likely over the next year.
Read Next
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This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Fed Rate Cut Fuels Market Rally Amidst Valuation Fears

In a recent podcast interview, Facebook founder Mark Zuckerberg shared his parenting philosophy, emphasizing the importance of individuality over fame.
What Happened: Zuckerberg recounted a conversation with his 7-year-old daughter August Chan Zuckerberg, where he encouraged her to aspire to be herself rather than a celebrity. This discussion was prompted by her desire to be like Taylor Swift.
According to a report <a href="https://www.businessinsider.com/mark-zuckerberg-taylor-swift-daughter-parenting-lesson-2024-9">by</a> Business Insider, Annie Wright, a therapist who works with affluent parents, praised Zuckerberg&#8217;s advice. She noted that parents often grapple with their children&#8217;s growing desire to become influencers. Wright urges parents to help their children cultivate a strong sense of self-worth and individuality, instead of pursuing popularity.
According to the outlet, Zuckerberg said in the interview, &#8220;I was like, &#8216;But you can&#8217;t. That&#8217;s not available to you. And she thought about it and she&#8217;s like, &#8216;Alright when I grow up I want people to want to be like August Chan Zuckerberg, and I was like, &#8216;Hell yeah. Hell yeah.'&#8221;
Wright also highlighted that children from high-achieving families often experience intense pressure to succeed, leading to feelings of inadequacy. She promotes the idea of parents downplaying goals like fame and having open dialogues about its drawbacks.
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&#8220;His advice to his daughter to aspire to be herself, not Taylor Swift or some other icon, I do think it&#8217;s an important reminder for all parents,&#8221; Wright told the outlet.
Part of Zuckerberg&#8217;s parenting strategy includes assigning chores to his children, a practice Wright believes is an effective way to teach vital life skills, particularly in affluent families. 
She stated, &#8220;Chores create an understanding that rewards come from effort, not entitlement.&#8221;
Also Read: <a href="https://www.benzinga.com/general/entertainment/24/09/40869299/mother-sells-taylor-swift-tickets-over-stars-endorsement-of-kamala-harris-im-gonna-shake-it">Mother Sells Taylor Swift Tickets Over Star&#8217;s Endorsement Of Kamala Harris: &#8216;I&#8217;m Gonna Shake It Off, And I&#8217;m Done With You&#8217;</a>
Why It Matters: Zuckerberg&#8217;s parenting approach offers a unique perspective in a society where fame and celebrity status are often glamorized. His advice underscores the importance of self-worth and individuality, values that can help children navigate the pressures of growing up in high-achieving families. 
Furthermore, his emphasis on chores as a means to teach life skills provides a practical approach to parenting that encourages effort and discourages entitlement. 
This advice is particularly relevant in today&#8217;s digital age, where the allure of becoming an influencer can often overshadow the importance of personal growth and self-discovery.
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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.

Social Media

Zuckerberg Tells His Daughter She Can't Be Like Taylor Swift: 'You Can't Do It, That's Not Available To You'

A recent survey revealed that more than half of voters back pop star <a href="https://www.benzinga.com/topic/taylor-swift" target="_blank" rel="noreferrer noopener">Taylor Swift</a><a href="https://www.benzinga.com/topic/taylor-swift" target="_blank" rel="noreferrer noopener">&#8216;s</a> initiative to encourage her fans to <a href="https://www.benzinga.com/general/entertainment/24/09/40869299/mother-sells-taylor-swift-tickets-over-stars-endorsement-of-kamala-harris-im-gonna-shake-it" target="_blank" rel="noreferrer noopener">participate in this year&#8217;s election</a>.
However, this support has dropped by 15 points since February, partly due to a conspiracy theory suggesting the Super Bowl was rigged, <a href="https://thehill.com/blogs/in-the-know/4888659-taylor-swift-voter-turnout-effort/?tbref=hp\" target="_blank" rel="noreferrer noopener">reported</a> The Hill, citing the latest Monmouth University <a href="https://www.monmouth.edu/polling-institute/reports/monmouthpoll_us_091924/" target="_blank" rel="noreferrer noopener">poll</a>.
&#8220;Interestingly, support for the singer&#8217;s get-out-the-vote (GOTV) efforts were much higher <a href="https://www.monmouth.edu/polling-institute/reports/monmouthpoll_us_021424/" target="_blank" rel="noreferrer noopener">seven months ago</a>, when she was the subject of a debunked conspiracy theory around the election and the Super Bowl,&#8221; said Patrick Murray, director of the independent Monmouth University Polling Institute.
Swift has been recognized for directing a massive influx of over 330,000 visitors to vote.gov,&nbsp;<a target="_blank" href="https://www.benzinga.com/general/entertainment/24/09/40807445/taylor-swift-says-i-will-be-casting-my-vote-for-kamala-harris-and-tim-walz-takes-a-dig-at-j" rel="noreferrer noopener">following her public endorsement</a>&nbsp;of Vice President&nbsp;Kamala Harris. This surge occurred less than 24 hours after Swift&#8217;s endorsement after the&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/09/40806876/final-showdown-trump-and-harris-face-off-in-intense-debate-just-eight-weeks-before-election-day" rel="noreferrer noopener">debate between</a>&nbsp;Harris and former President&nbsp;Donald Trump.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40870369/trumps-i-hate-taylor-swift-met-with-witty-response-from-harris-campaign-the-american-people-want-to" rel="noreferrer noopener">Trump&#8217;s &#8216;I Hate Taylor Swift&#8217; Met With Witty Response From Harris Campaign: &#8216;The American People Want To Be Out Of The Woods&#8217;</a>
However, the poll shows that 53% of voters support Taylor Swift&#8217;s efforts to encourage her fans to vote, while 35 percent disapprove, The Hill added. Additionally, 12% of respondents indicated that they were unsure.
&#8220;Republicans were wary of Swift all along. What we don&#8217;t know is whether this will have any effect on the part of her fan base who already leans right,&#8221; Murray added.
Swift is currently in a relationship with Kansas City Chiefs tight end Travis Kelce and was present at the team&#8217;s Super Bowl game against the San Francisco 49ers in Las Vegas. During that time, a conspiracy theory emerged suggesting that the game might be manipulated to benefit the Chiefs and maximize exposure for a potential Swift endorsement of President Biden.
No evidence supported this theory, nor had Swift made any endorsements at that point. However, Monmouth noted a significant decline in support for Swift&#8217;s voting initiatives following the conspiracy, the report added.
Despite Taylor Swift&#8217;s endorsement of the Democrats, an ABC News/Ipsos poll conducted earlier this week revealed that 81% of respondents believe her support for Kamala Harris will not affect their voting decisions.
Only 6% indicated they were more likely to vote for Harris due to Swift&#8217;s endorsement, while 13% said it made them less inclined to support the Democratic ticket, The Hill added.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Support For Taylor Swift's Get-Out-The-Vote Efforts Have Dropped 15 Points Since February Amid Super Bowl Conspiracy Theory

Employees at OpenAI have voiced their dissatisfaction with the company&#8217;s proposed new logo, which they have described as &#8220;ominous&#8221; <a href="https://www.benzinga.com/news/24/03/37440684/openais-sam-altman-has-an-estimated-2-billion-net-worth-and-much-of-it-doesnt-come-from-ai">and lacking in creativity</a>.
What Happened: The proposed logo – a large black &#8220;O&#8221; – was revealed at a recent company-wide meeting. This new design is a stark contrast to the current hexagonal flower symbol, which was designed to symbolize &#8220;precision, potential, and optimism.&#8221;
The unveiling of the new design was met with shock and disapproval, with some employees openly expressing their dislike during the meeting, <a href="https://fortune.com/2024/09/20/openai-staffers-unhappy-new-logo-design-ominous/">reports</a> Fortune. 
Insiders suggest that the logo redesign is part of a larger company overhaul scheduled for 2025. This revamp aligns with a planned significant modification to OpenAI&#8217;s corporate structure and an increased emphasis on revenue and investors.
The redesign process, which began about a year ago, is being handled by an internal team. This team consists of new hires from creative agencies and fields such as graphic design. The company&#8217;s current logo, referred to as &#8220;our most recognizable brand element,&#8221; was also developed internally.
Also Read: <a href="https://www.benzinga.com/news/24/09/40764804/whats-the-secret-openai-is-battling-to-keep-co-founders-files-confidential-heres-why">What&#8217;s The Secret? OpenAI Is Battling To Keep Co-Founder&#8217;s Files Confidential, Here&#8217;s Why</a>
Despite the strong reactions, the design of the new logo may undergo further changes, considering the staff&#8217;s attachment to the current logo and the negative feedback received. The final design is expected to be revealed as early as next year.
Why It Matters: The logo redesign is indicative of the broader changes taking place within OpenAI. As the company shifts its focus towards revenue and investors, it is also altering its corporate structure and brand identity. 
The strong reactions from employees highlight the significance of these changes and the potential impact they could have on the company&#8217;s culture and public perception. 
The final design of the logo, expected to be unveiled next year, will be a key indicator of the direction OpenAI is taking in this new phase of its evolution.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

OpenAI's Employees See This Latest Creation As 'Ominous' – What Is It?

Mark Zuckerberg, CEO of Meta, has been seen sporting luxury watches that rival the <a href="https://www.benzinga.com/news/24/07/39999229/dont-look-now-but-zuckerbergs-threads-is-picking-up-steam">cost of a Tesla Cybertruck</a>.
What Happened: Zuckerberg was recently seen wearing a De Bethune DB 25 Starry Varius watch during an <a href="https://www.youtube.com/watch?v=QciJ9ubeLQk">interview</a>.
According to the report <a href="https://nypost.com/2024/09/19/lifestyle/mark-zuckerberg-wears-watch-that-costs-as-much-as-a-cybertruck/">by</a> The New York Post, this luxury timepiece is estimated to be worth between $90,000 and $95,700, nearly the price of a Tesla Cybertruck, which is listed at $99,990.
Earlier this month, Zuckerberg was photographed on Instagram alongside his wife, Priscilla Chan, wearing a Patek Phillipe watch — a 5236P model, which carries a price tag of more than $141,000.
Also Read: <a href="https://www.benzinga.com/news/24/09/40867264/big-techs-security-spending-spree-zuckerberg-leads-in-lavish-security-measures">Big Tech&#8217;s Security Spending Spree: Zuckerberg Leads In Lavish Security Measures</a>
This change in Zuckerberg&#8217;s style is a noticeable departure from his typical wardrobe of hoodies, jeans, and sneakers. His new fashion choices include designer pieces like an Alexander McQueen suit decorated with silver dragonflies.
Despite the speculation surrounding his style evolution, a spokesperson for Meta confirmed to The Times that Zuckerberg &#8220;mostly buys clothes he finds on Instagram&#8221; and occasionally seeks advice for formal events and occasions.
Why It Matters: Venky Ganesan, a partner at Menlo Ventures, suggests that Zuckerberg&#8217;s style evolution could be &#8220;very good for business.&#8221; 
As the CEO of a major tech company, his personal brand and image can influence public perception of the company. His shift towards more luxurious attire could reflect the company&#8217;s growth and success.
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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.

Mark Zuckerberg Flaunts Watches Valued at a Cybertruck's Price

Many Americans are banking on working longer to make up for a <a href="https://www.benzinga.com/personal-finance/24/08/40295808/youre-40-50-or-60-do-you-know-how-much-you-should-have-saved-for-retirement-by-now">lack of retirement savings</a>. According to a recent CNBC and SurveyMonkey survey, about 27% of workers plan to stay employed during their retirement years to boost their income.&nbsp;
The poll, conducted in early August, included over 6,600 U.S. adults, split between retirees and those still in the workforce.
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It's a strategy that sounds solid at first glance. After all, staying employed into your 60s or 70s should allow you to continue earning money while giving your retirement savings more time to grow. But according to financial experts, this plan might not be as foolproof as it seems.
The Risk of Working Longer
While extending your working years is appealing, it doesn't always go according to plan. Health issues or unexpected layoffs can suddenly throw a wrench in those plans. "It sounds great on paper," said Philip Chao, founder of Experiential Wealth in Maryland. "But reality could be very different."
If workers are forced out of the job market sooner than expected, they may find themselves scrambling to stretch out their retirement savings, and that's where things can get tricky.
Trending: <a href="https://www.benzinga.com/money/charlie-munger-100k">Charlie Munger said if you want to be rich, &#8220;find a way to get your hands on $100,000&#8221; — here&#8217;s what he means.</a>
Early Retirement Happens More Often Than You Think
Data shows that many Americans end up retiring earlier than they intended. According to a Gallup poll, a consistent five-year gap exists between when people expect to retire and when they do. In 2023, for instance, non-retirees anticipated working until age 66, but most retirees had <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">left the workforce by 62</a>.
This trend isn't new. Research from the <a href="https://www.ebri.org/docs/default-source/rcs/2023-rcs/rcs_23-fs-2.pdf?sfvrsn=708d392f_4#:~:text=The%20RCS%20has%20consistently%20found,'%20expectations%20and%20retirees'%20experiences.">Employee Benefit Research Institute</a> (EBRI) shows that 46% of retirees <a href="https://www.benzinga.com/personal-finance/24/06/39497325/the-average-millennial-expects-to-retire-before-60-why-many-think-this-is-unattainable">left the workforce earlier than planned</a>. So while a third of workers say they aim to retire at 70 or later – or maybe never – only 6% of retirees manage to stick around that long.
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>
The "Escape Valve" That Might Not Work
Many Americans rely on the idea of pushing back retirement as a kind of "escape valve" for financial security. However, as Chao puts it, "saying it and doing it are two totally different things." He warns that this assumption could be a "very dangerous" gamble.
The reasons for those who retire earlier than expected are often out of their control. According to the EBRI survey, 35% retired early due to health issues or disabilities, while 31% faced company-related changes like layoffs.
Working longer seems like a simple solution to building up retirement funds, but reality is far more unpredictable. Life throws curveballs, and relying too much on a late retirement may not be the <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">safety net people think it is</a>. Having other options in place is crucial because sometimes, life has other plans.
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Personal Finance

People Who Don't Save Enough For Retirement Think Working Longer Will Help – But Experts Warn This 'Escape Valve' Is A Dangerous Gamble

The U.S. Securities and Exchange Commission (SEC) is preparing to reprimand Elon Musk for his absence from a scheduled hearing. This testimony is part of an ongoing investigation into Musk&#8217;s $44 billion acquisition of X, <a href="https://www.benzinga.com/news/24/08/40147580/heres-how-an-elon-musk-backed-pac-harnesses-voter-data-to-support-donald-trump">previously known as Twitter</a>.
What Happened: Musk was expected to testify before the SEC on September 10. However, Musk&#8217;s lawyer informed the SEC that Musk had to urgently travel to Cape Canaveral, Florida for the launch of SpaceX&#8217;s Polaris Dawn, thereby missing the testimony.
According to a report <a href="https://thehill.com/policy/technology/4891840-sec-reprimands-elon-musk-twitter/">by</a> The Hill, this is the second time Musk has failed to appear before the SEC in relation to the probe into his acquisition of the social media platform, now known as X.
&#8220;Musk has now failed to appear before the SEC twice: first in September 2023, in defiance of a lawful administrative subpoena, and last week, in defiance of a clear court order,&#8221; stated SEC&#8217;s lawyer Robin Andews in the court filing.
Alex Spiro, Musk&#8217;s lawyer, has labeled the SEC&#8217;s sanctions as &#8220;drastic&#8221; and confirmed that a new date for the testimony has been agreed upon. 
Also Read: <a href="https://www.benzinga.com/news/24/09/40866970/new-book-reveals-elon-musks-twitter-buy-fumble-and-mix-up-over-grimes-baby-name">New Book Reveals Elon Musk&#8217;s Twitter Buy Fumble And Mix-Up Over Grimes&#8217; Baby Name</a>
He emphasized that the rescheduling was due to a &#8220;critical&#8221; rocket launch and dismissed concerns of a similar emergency happening in the future.
Meanwhile responding to SEC&#8217;s claim Musk went on X and said that &#8216;actual crimes go unpunished&#8217;. 
<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">While actual crimes go unpunished
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1837387386637930896?ref_src=twsrc%5Etfw">September 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The SEC&#8217;s reprimand of Musk underscores the regulatory body&#8217;s commitment to enforcing compliance, even when dealing with high-profile individuals like Musk. 
This incident also highlights the challenges Musk faces in balancing his responsibilities as CEO of Tesla and his other ventures, such as SpaceX. 
The SEC&#8217;s ongoing probe into Musk&#8217;s acquisition of Twitter, now X, is a significant event, given the size of the deal and the potential implications it could have on the social media landscape. 
The outcome of this investigation could set a precedent for future tech acquisitions and regulatory compliance.
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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.

Elon Musk Faces SEC Backlash Over Missed Testimony, Quips 'Actual Crimes Go Unpunished'

The popular party game company Cards Against Humanity has hit Elon Musk&#8217;s SpaceX with a $15 million lawsuit. The lawsuit alleges that SpaceX trespassed and <a href="https://www.benzinga.com/news/24/09/40762349/x-faces-major-advertiser-exodus-amid-string-of-elon-musk-controversies">caused damage to their land in Texas</a>.
What Happened: Cards Against Humanity has accused SpaceX of trespassing and littering on their land near the Texas-Mexico border. 
The land, which was bought through crowdfunding in 2017, was reportedly cleared of vegetation and used as a dumping ground by SpaceX&#8217;s Starbase.
The lawsuit was lodged in a Texas court last week. Cards Against Humanity alleges that SpaceX offered to buy the land for less than half its value, giving them a 12-hour ultimatum to accept the offer. 
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In a <a href="https://www.elonowesyou100dollars.com/">letter</a> posted online, the company said, &#8220;Elon Musk's SpaceX was building some space thing nearby, and he figured he could just dump his s&#8212; all over our gorgeous plot of land without asking. After we caught him, SpaceX gave us a 12-hour ultimatum to accept a lowball offer for less than half our land's value.&#8221;
In a humorous twist, the company suggested they would accept Twitter.com as compensation, a nod to Musk&#8217;s recent $44 billion acquisition of the social media platform.
Despite SpaceX purchasing neighboring lots, it has allegedly ignored the &#8220;no trespassing&#8221; sign on Cards Against Humanity&#8217;s land. 
The lawsuit claims that the land has been used as a staging area for SpaceX&#8217;s construction projects, causing damage and straining the game company&#8217;s relationship with its supporters.
Why It Matters: This lawsuit comes at a time when SpaceX has been expanding its operations in Texas, with the purchase of several neighboring lots. 
The alleged trespassing and damage to Cards Against Humanity&#8217;s land could potentially impact SpaceX&#8217;s reputation and future expansion plans. 
Furthermore, the lawsuit could set a precedent for other landowners in the area who may have similar grievances. As of now, SpaceX has not commented on the lawsuit.
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Party Game Company Sues Musk's SpaceX: A $15M Land Dispute That Could Change Everything

Famed data analyst Nate Silver&#8216;s election forecast shows Kamala Harris with a better chance of winning the presidency than Donald Trump <a href="https://www.benzinga.com/news/24/09/40669286/harris-vs-trump-this-candidate-leading-in-numerous-polls-transforming-political-landscape">for the first time since August 28</a>.
What Happened: According to his Silver Bulletin <a href="https://www.natesilver.net/p/nate-silver-2024-president-election-polls-model">site</a>, Silver says the race is still up in the air, and the lead could potentially change again due to the forecast being so close to a 50/50 split.
&#8220;Harris is technically the favorite in the model for the first time since Aug. 28 — but the race is a toss-up,&#8221; Silver wrote. He currently gives Harris a 52 percent chance of victory. FiveThirtyEight, founded by but no longer affiliated with Silver, uses a different model that shows Harris with a 60 percent chance of defeating Trump.
Also Read: <a href="https://www.benzinga.com/news/24/09/40869086/trump-vs-harris-new-poll-reveals-post-debate-swing-towards-this-candidate-in-key-state">Trump Vs Harris: New Poll Reveals Post-Debate Swing Towards This Candidate In Key State</a>
Despite Harris&#8217; perceived victory in the presidential debate, Silver&#8217;s model indicates that neither candidate lost or gained much support.
However, Harris did experience a slight increase in support around August 23, following her official nomination as the party&#8217;s candidate at the Democratic National Convention in Chicago, <a href="https://thehill.com/homenews/campaign/4890948-vice-president-harris-leads-trump-poll/">reports</a> Business Insider.
Also Read:&nbsp;<a href="https://www.benzinga.com/news/24/09/40866884/trump-vs-harris-tense-standoff-in-nail-biter-polls" target="_blank" rel="noreferrer noopener">Trump Vs. Harris: Tense Standoff In Nail-Biter Polls</a>
In crucial swing states, Silver&#8217;s model shows Harris leading in Pennsylvania, Wisconsin, Michigan, Nevada, and Minnesota, while Trump is ahead in North Carolina, Georgia, and Arizona.
The Hill/Decision Desk HQ&#8217;s poll aggregation also shows Harris leading Trump nationally by a 3.6 percentage point margin. However, Silver warned that neither side should be overly confident as &#8220;stranger things have happened than a candidate who was behind in the polls winning.&#8221;
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Why It Matters: The fluctuating leads in the election forecast underscore the unpredictable nature of the race. 
The fact that Harris has managed to surpass Trump for the first time since August indicates a potential shift in voter sentiment. However, with the race being so close, it&#8217;s clear that the outcome is far from decided.
As the election draws nearer, the focus on key swing states will intensify. The leads that Harris and Trump hold in these states could ultimately determine the election&#8217;s outcome. 
Therefore, the candidates&#8217; strategies in these states will be crucial in the coming weeks.
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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.

Nate Silver's Forecast: Kamala Harris Retakes Lead Over Donald Trump

In the wake of a recent Secret Service probe into Elon Musk&#8216;s online remarks, billionaire entrepreneur Mark Cuban has come to the defense of the Tesla Inc. CEO&#8217;s contentious <a href="https://www.benzinga.com/news/24/07/39999410/what-a-second-trump-presidency-would-mean-for-elon-musk-and-his-many-ventures">social media conduct</a>.
What Happened: In a recent podcast <a href="https://youtu.be/QqDPrv8oFyY?feature=shared">interview</a>, Cuban characterized Musk&#8217;s online conduct as &#8220;kind of insane&#8221; but not out of character for the Tesla chief.
The dialogue ensued following Musk&#8217;s recent jest about pop icon Taylor Swift&#8216;s endorsement of Vice President Kamala Harris for the presidency. Cuban, who has previously corresponded with Musk, stood up for the tycoon&#8217;s comedic style. In the interview Cuban said that Musk&#8217;s joke was &#8220;kind of insane&#8221; and defended him by saying &#8220;that&#8217;s just the kind of banter you&#8217;d expect from him.&#8221;
Cuban also said that he sent Musk a text once adding that they&#8217;re &#8220;not friends&#8221; but have communicated in the past.
&#8220;We just texted back and forth a few times and he had just had a child, and I said: &#8216;Congrats on your 90th child,'&#8221; Cuban said during the interview.
&#8220;And his response was — &#8216;Mars needs people.&#8217; Right, so that&#8217;s just Elon&#8217;s sense of humor, right? I have no problem throwing Elon under the bus, but I&#8217;ll save it for when it&#8217;s truly deserved,&#8221; he said.
Also Read: <a href="https://www.benzinga.com/news/23/04/31622549/mark-cuban-asks-elon-musk-why-hes-losing-followers-despite-paying-for-twitter-blue">Mark Cuban Asks Elon Musk Why He&#8217;s Losing Followers Despite Paying For Twitter Blue</a>
Musk&#8217;s digital behavior has previously gotten him into trouble. In 2018, a tweet about making Tesla a private company resulted in a $40 million agreement with the Securities and Exchange Commission. 
More recently, a tweet speculating about a potential assassination attempt on former President Donald Trump triggered a Secret Service investigation.
The Secret Service verified to Bloomberg that they were cognizant of Musk&#8217;s tweet but refrained from further comments due to ongoing enforcement actions. Musk removed the tweet on the same day, subsequently tagging it as a joke.
Why It Matters: Musk&#8217;s social media behavior has been a topic of controversy and legal scrutiny in the past. His tweets have not only led to legal consequences but also impacted Tesla&#8217;s stock performance. 
Cuban&#8217;s defense of Musk&#8217;s online conduct highlights the ongoing debate about the role and impact of social media in the corporate world, especially when used by high-profile executives. 
This incident underscores the potential legal and reputational risks associated with such behavior.
Read Next
<a href="https://www.benzinga.com/news/24/09/40897716/elon-musk-reacts-after-mark-cuban-says-he-would-buy-x-in-a-heartbeat">Elon Musk Reacts After Mark Cuban Says He Would Buy X &#8216;In A Heartbeat&#8217;</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.

TSLA

Mark Cuban Embraces Elon Musk's Humor: 'I Have No Problem Throwing Elon Under The Bus, But I'll Save It For When It's Truly Deserved'

<a href="https://www.benzinga.com/topic/elon-musk" target="_blank" rel="noreferrer noopener">Elon Musk</a> reportedly intensified his political contributions in August, making his largest-known donation to bolster House Republicans&#8217; efforts <a href="https://www.benzinga.com/news/24/09/40958452/mark-cuban-says-elon-musk-believes-hes-much-smarter-than-trump-reveals-the-intoxicating-reason-why-t" target="_blank" rel="noreferrer noopener">to maintain a vulnerable majority</a>.
The National Republican Congressional Committee announced that it received $289,100 from Musk in August, <a target="_blank" href="https://www.politico.com/news/2024/09/20/elon-musk-political-donations-00180323" rel="noreferrer noopener">reported </a>Politico, citing a report filed with the Federal Election Commission.
Musk&#8217;s political stance has evolved significantly over the years.
In August, Musk explained his <a href="https://www.benzinga.com/news/24/08/40329702/elon-musk-who-once-queued-for-6-hours-to-shake-obamas-hand-explains-why-hes-now-supporting-trump-my" target="_blank" rel="noreferrer noopener">support for Donald Trump</a>, stating that his track record has been moderate and he has not been particularly political in the past. He revealed this during a conversation with Trump, touching on various topics from immigration to electric vehicles.
Musk, one of the world&#8217;s wealthiest individual with a net worth exceeding $250 billion, has previously donated to both Democrats and Republicans, though never in such substantial sums.
In September, Musk commented on a debate between Trump and Harris, expressing&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/09/40808912/elon-musk-says-kamala-harris-exceeded-most-peoples-expectations-but-debate-hosts-were-unfair-to-trum" rel="noreferrer noopener">dissatisfaction with the debate hosts</a> and raising concerns about the lack of discussion on the national debt crisis. He also mentioned that Harris exceeded most people&#8217;s expectations during the debate.
Also Read:<a target="_blank" href="https://www.benzinga.com/24/09/40935662/while-elon-musk-backs-trump-for-the-white-house-his-teams-at-tesla-x-and-spacex-are-supporting-kamal" rel="noreferrer noopener"> While Elon Musk Backs Trump For The White House, His Teams At Tesla, X And SpaceX Are Supporting Kamala Harris: Employees Have Reportedly Donated Over $90K To Vice President&#8217;s Campaign</a>
Musk has increased his political engagement lately, developing a connection with Trump by funding America PAC, a pro-Trump organization. This group, which recently experienced a leadership change, is set to significantly aid in voter mobilization efforts for Trump and has begun investing in competitive House races nationwide.
It remains uncertain how much Musk will ultimately invest in the election. In July, the Wall Street Journal <a href="https://www.wsj.com/politics/elections/elon-musk-has-said-he-is-committing-around-45-million-a-month-to-a-new-pro-trump-super-pac-dda53823" target="_blank" rel="noreferrer noopener">suggested</a> he intended to contribute about $45 million monthly to support Trump, though Musk later refuted this claim. Despite Musk&#8217;s significant donation, the NRCC raised only $9.7 million in August, while its Democratic counterpart collected $22.2 million.
Recently, Musk faced backlash for a&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/09/40890277/elon-musk-says-his-now-deleted-controversial-post-after-latest-trump-assassination-which-was-labeled" rel="noreferrer noopener">controversial post on X</a>, which he later deleted. The post questioned why no one was attempting to assassinate President Joe Biden&nbsp;or Harris, following an assassination attempt on Trump. The White House labeled the post as &#8220;irresponsible.&#8221;
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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<li><a href="https://www.benzinga.com/news/24/07/39872015/teslas-elon-musk-recently-pledged-a-huge-donation-to-donald-trump-and-the-ex-president-returned-the" target="_blank" rel="noreferrer noopener">Tesla&#8217;s Elon Musk Recently Pledged A Huge Donation To Donald Trump, And The Ex-President Returned The Favor By Criticizing EVs At The RNC</a></li>
</ul>

Elon Musk Boosts House Republicans With Record $289,100 Donation

During a recent <a href="https://www.youtube.com/watch?v=9IitdaHy6Q8">episode</a> of his podcast with comedian Tom Segura, <a href="https://www.benzinga.com/topic/joe-rogan">Joe Rogan</a> weighed in on former President Donald Trump and his time in the Oval Office. Rogan, <a href="https://www.benzinga.com/personal-finance/24/09/40909092/joe-rogan-says-education-addiction-recovery-and-homelessness-should-be-funded-more-its-a-good-id">never shy about discussing politics</a>, offered his thoughts on Donald Trump's presidency and why many people remain divided over him.
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In the conversation, Rogan acknowledged that Trump's time in office wasn't as extreme as some feared it would be: &#8220;Everyone&#8217;s saying he&#8217;s going to be a dictator. Well, he wasn&#8217;t a dictator. He was the president. He actually was the president for four years and the economy really did well and he really did try to cut some of the bullsh&#x2A;t down that&#8217;s going on in this country.&#8221;
However, Rogan also acknowledged what makes Trump such a hard pill to swallow for many. &#8220;The thing that freaks people out,&#8221; Rogan said, &#8220;is not his policies but who he is as a person.&#8221;&nbsp;
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According to Rogan, Trump's larger-than-life personality and off-the-cuff remarks are what unsettles people the most, especially when he's in such a powerful position. &#8220;We don't necessarily want that as the guy with his finger on the button,&#8221; Rogan added.
The topic then turned to how Trump&#8217;s <a href="https://www.benzinga.com/news/24/09/40870455/trump-vows-to-never-surrender-after-surviving-second-assassination-attempt">innate capacity for crowd entertainment – </a>which frequently involves humor and improvisation – adds to this division. Rogan acknowledged that Trump frequently &#8220;kills like a comedian&#8221; and that he can be &#8220;funny.&#8221; "He can go out there, have a crowd of people and just riff. He's funny, man," Rogan told Segura.&nbsp;
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For Rogan, though, that&#8217;s not the whole story. Trump may be able to make people laugh, but Rogan said that many people don&#8217;t want their president to be as entertaining as a stand-up comedian.
In the end, Rogan thinks that different people find Trump intriguing and unsettling because of his unpredictable nature. Although many people like <a href="https://www.benzinga.com/news/24/07/39761846/trump-left-bloodied-after-shots-fired-at-pennsylvania-rally-evacuated-by-secret-service">Trump&#8217;s boldness</a> and sense of humor, others are worried that someone with such a raw personality can have such a big say in how the nation is run.
Rogan also talked about Kamala Harris's debate performance, saying she did well and was &#8220;way better prepared even when it came to answering tough questions.&#8221; He gave credit to whoever was helping her with speeches and practice, saying they're doing an amazing job. "Whoever's writing those speeches getting her to delivery, coaching her – she&#8217;s nailing," Rogan said.
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Joe Rogan Says Trump 'Wasn't A Dictator And The Economy Really Did Well.' Still There's One Thing About Trump That 'Freaks People Out'

Florida Gov. <a href="https://www.benzinga.com/topic/ron-desantis">Ron DeSantis</a> (R) is not happy with his <a href="https://www.benzinga.com/markets/cannabis/24/09/40822693/gop-and-democratic-state-senators-back-floridas-cannabis-legalization-initiative-in-new-ad-as-ba">GOP colleagues</a>, whom he says are not doing enough to stop passage of Florida&#8217;s <a href="https://www.benzinga.com/topic/florida-cannabis">cannabis legalization ballot,</a> known as Amendment 3, which will be voted on at <a href="https://www.benzinga.com/markets/cannabis/24/04/38034138/florida-supreme-court-approves-cannabis-legalization-proposal-for-november-election-in-blow-to-d" target="_blank" rel="noreferrer noopener">the upcoming November elections</a>.
"You say you're all about these issues, and then when it's time to do something about it you're nowhere to be found," DeSantis <a href="https://www.yahoo.com/news/desantis-fumes-over-gop-lawmakers-132007609.html">told</a> a gathering in a Tallahassee church. "That is what courageous leadership is all about."
<h2 class="wp-block-heading">What's The Problem?</h2>
For starters, the proposed amendment was <a href="https://www.benzinga.com/markets/cannabis/24/09/40774795/trump-says-hell-reschedule-cannabis-if-elected-backs-marijuana-banking-reform-and-floridas-amend">recently endorsed</a> by former president <a href="https://www.benzinga.com/topic/donald-trump">Donald Trump</a> as well as Florida's <a href="https://www.benzinga.com/markets/cannabis/24/09/40879364/young-republicans-break-ranks-to-back-cannabis-legalization-is-the-gop-ready-for-a-shift-in-the-">Young Republicans</a>.
This cannabis stand-off between Trump and DeSantis seems to have many State Republicans keeping their weed views to themselves as they weigh their allegiances between the governor and former president amid a close national election and an even closer battle between the yeas and nays of legal cannabis. Although, the Florida Republican Party&nbsp;<a href="https://www.benzinga.com/markets/cannabis/24/05/38649648/ron-desantis-plan-to-scuttle-floridas-cannabis-legalization-initiative-with-his-vast-fundraising" target="_blank" rel="noreferrer noopener">voted unanimously</a>&nbsp;against the marijuana legalization amendment in May, the situation has drastically changed since then.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40937911/desantis-backed-anti-cannabis-pacs-blew-through-116k-at-fundraiser-while-pro-pot-group-holds-90m">DeSantis-Backed Anti-Cannabis PACs &#8216;Blew Through&#8217; $116K At Fundraiser, While Pro-Pot Group Holds $90M War Chest</a>
<h2 class="wp-block-heading">How Deep Is The Split?</h2>
Former GOP state senator and legalization supporter Jeff Brandes <a href="https://www.politico.com/news/2024/09/19/trump-desantis-florida-marijuana-legalization-ballot-measure-00179847?is_magic_link=true&amp;template_id=OTJIR2CRKUD6&amp;template_variant_id=OTVPXN5JGTYRX">told</a> Politico that at least half of Florida Republican legislators agree with Trump, but they don't want a rift with DeSantis.
"This is just evidence that the legislature is completely impotent when it comes to taking this thing on and doing this legislatively," Brandes told the outlet. "They are unwilling to do the hard work because they don't want the smell of the devil's lettuce on them."
<h2 class="wp-block-heading">Desperate Move? DeSantis Calls Fraud Among Petition Gatherers</h2>
Meanwhile, supporters of the cannabis initiative and a proposed constitutional amendment enshrining abortion rights met the stringent requirements for gathering petition signatures in accordance with Florida law. However, DeSantis says they're not strict enough and is calling for more anti-fraud measures.
"There's a lot of money that's at stake here," DeSantis said this week,&nbsp;<a href="https://www.orlandoweekly.com/cannabis/florida-gov-desantis-defends-targeting-marijuana-petition-workers-37828705">reported</a> the Orlando Weekly. "People make money off the petition process. There&#8217;s an incentive to commit fraud. The Legislature tried to address it, but I don&#8217;t think that they&#8217;ve addressed it adequately."
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Photo: Courtesy of&nbsp;<a href="https://www.flickr.com/photos/cornstalker/" target="_blank" rel="noreferrer noopener">Matt Johnson</a>&nbsp;and&nbsp;<a href="https://www.flickr.com/photos/gageskidmore/" target="_blank" rel="noreferrer noopener">Gage Skidmore</a>&nbsp;on flickr

Cannabis

Government

Regulations

Legal

DeSantis Urges GOP To Oppose Cannabis Legalization As Party Splits Over Trump Marijuana Endorsement

Donald Trump has pledged to &#8220;rescue vaping&#8221; if he returns to the Oval Office, contradicting his previous stance that led to a partial<a href="https://www.benzinga.com/news/24/09/40866884/trump-vs-harris-tense-standoff-in-nail-biter-polls"> ban on some e-cigarette products.</a>
What Happened: On Friday, Trump criticized President Joe Biden and Vice President Kamala Harris in a <a href="https://truthsocial.com/@realDonaldTrump/posts/113171256073757122">post</a> on Truth Social, accusing them of wanting to &#8220;ban everything.&#8221; He also pointed out his past efforts to regulate e-cigarettes.
In 2019, Trump introduced restrictions on certain e-cigarette products, which he believes helped prevent children from vaping. 
&#8220;I saved Flavored Vaping in 2019, and it greatly helped people get off smoking. I raised the age to 21, keeping it away from the &#8216;kids.&#8217; Kamala and Joe want everything banned, killing small businesses all over the Country. I'll save Vaping again!&#8221; he said in the post.
Trump&#8217;s administration faced criticism in September 2019 when it proposed plans to ban all flavored vape products. However, Trump revised his position in January 2020, opting for a partial ban instead.
Also Read: <a href="https://www.benzinga.com/news/24/09/40869086/trump-vs-harris-new-poll-reveals-post-debate-swing-towards-this-candidate-in-key-state">Trump Vs Harris: New Poll Reveals Post-Debate Swing Towards This Candidate In Key State</a>
The partial ban restricted the sale of sweet and fruity flavored vape pods and cartridges, but allowed gas stations and convenience stores to continue selling menthol cartridges and vapes. 
It also permitted vape shops to sell a wide range of e-cigarette liquids in open-tank vaping systems, which are predominantly used by adults.
As California&#8217;s attorney general in 2015, Vice President Harris backed a bill aimed at preventing minors from accessing e-cigarettes.
Why It Matters: Trump&#8217;s recent pledge to &#8220;save vaping&#8221; comes amidst an ongoing debate about the health risks and benefits of e-cigarettes. His administration&#8217;s previous actions to regulate vaping were seen as a response to concerns about the rising use of e-cigarettes among young people. 
However, the partial ban was criticized for not going far enough to protect public health. 
Now, Trump&#8217;s promise to &#8220;rescue vaping&#8221; could signal a shift in his stance on e-cigarette regulation, potentially impacting the future of the vaping industry and public health policies.
Read Next
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This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Trump Vows To 'Save Vaping Again' Despite Past Partial Ban. Here's How He Plans To Do It

One of the <a href="https://www.benzinga.com/news/23/06/32842246/with-363-8-billion-pounds-of-plastic-in-the-ocean-plastic-pollution-will-soon-outweigh-fish">biggest issues facing our oceans</a> is plastic waste. Damage to economies, industry, and the environment is estimated to cost the world $2.5 trillion annually.&nbsp;
But there's hope on the horizon. A nonprofit called The Ocean Cleanup, which you might have heard of before, says they're on track to eliminate the infamous Great Pacific Garbage Patch (GPGP) within the next decade.
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<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">What it will concretely take to clean up the Great Pacific Garbage Patch: <a href="https://t.co/z1O0easYxg">pic.twitter.com/z1O0easYxg</a>
&mdash; The Ocean Cleanup (@TheOceanCleanup) <a href="https://twitter.com/TheOceanCleanup/status/1832469990735540499?ref_src=twsrc%5Etfw">September 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The GPGP is an enormous area in the Pacific Ocean filled with plastic waste – an estimated 79,000 metric tons of it, to be exact. To put that into perspective, the patch is roughly twice the size of Texas. However, it's not a solid island of trash, but a huge environmental hazard, killing marine life, damaging ecosystems and harming human health.
Founded by then-18-year-old Boyan Slat in 2013, The Ocean Cleanup has been working on innovative ways to solve the problem of ocean plastic. Their goal is to clean up plastic from the ocean and stop more from getting there in the first place.&nbsp;
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They've created specialized floating systems that use ocean currents to collect plastic. Over the past three years, they've removed over one million pounds of trash from the GPGP – about 0.5% of the total.
However, they now think they can get rid of everything. The Ocean Cleanup recently declared that, given $7.5 billion in funding, they could clear the entire GPGP in 10 years. Furthermore, they believe that they might complete the project in five years at a reduced cost of $4 billion with increased assistance.
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Next year, the Ocean Cleanup will pause its operations briefly to map out "hot spots" – areas in the ocean with the most "intense plastic accumulation" – and make its future efforts even more efficient.
To raise funds, The Ocean Cleanup has also developed some creative ideas. They have turned the plastic they've collected into stylish, recyclable sunglasses that they sold for $199 each. According to the group, the proceeds from just one pair of sunglasses allowed them to clean an area the size of 24 football fields. In 2022, all the sunglasses sold out and they have reached the goal of funding the cleanup of 500,000 football fields worth of plastic.
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The <a href="https://www.benzinga.com/news/24/04/38430116/us-faces-mounting-plastic-waste-challenge-with-limited-recycling-solutions-after-chinas-2018-import">problem of plastic pollution</a> won&#8217;t go away by itself. It concerns the potential long-term harm that this material may create if action is not taken, as human health will be in danger, marine ecosystems will continue to deteriorate and the financial cost will only rise.&nbsp;
Boyan Slat summed it perfectly: "This environmental catastrophe has been allowed to exist, unresolved, for too long and for the first time, we can tell the world what it costs, what is needed and how long it could take. The only thing standing between us and clean oceans is money."
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Ocean Plastic Pollution Is A $2.5T Problem Every Year. Cleanup Group Says They're On Track To Erase The Great Pacific Garbage Patch

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are a hot topic on Friday and we&rsquo;re breaking down all of the latest news sending shares higher and lower this morning!



Moving stocks are new orders and agreements, earnings reports, public offerings and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>African Agriculture (NASDAQ:<a href="https://investorplace.com/stock-quotes/aagr-stock-quote/">AAGR</a>) stock is rocketing more than 76% alongside heavy pre-market trading.</li>



<li>Cosmos Health (NASDAQ:<a href="https://investorplace.com/stock-quotes/cosm-stock-quote/">COSM</a>) shares are soaring over 56% on a <a href="https://www.nasdaq.com/press-release/cosmos-health-signs-exclusive-distribution-agreement-pharmalink-its-sky-premium-life">distribution agreement and purchase order</a>.</li>



<li>Ocean Power Technologies (NYSEMKT:<a href="https://investorplace.com/stock-quotes/optt-stock-quote/">OPTT</a>) stock is surging more than 55% after <a href="https://www.nasdaq.com/press-release/ocean-power-technologies-signs-oem-agreement-key-maritime-technology-provider">signing an OEM agreement</a>.</li>



<li>CARISMA Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/carm-stock-quote/">CARM</a>) shares are gaining over 41% on a dr<a href="https://www.prnewswire.com/news-releases/carisma-therapeutics-announces-nomination-of-first-in-vivo-car-m-development-candidate-for-hepatocellular-carcinoma-under-collaboration-with-moderna-302185002.html">ug development candidate nomination</a>.</li>



<li>Actelis Networks (NASDAQ:<a href="https://investorplace.com/stock-quotes/asns-stock-quote/">ASNS</a>) stock is rising more than 19% on <a href="https://www.investing.com/news/company-news/actelis-secures-300k-order-for-italian-transport-project-93CH-3500256">a $300,000 order</a>.</li>



<li>Emerson Radio (NYSEMKT:<a href="https://investorplace.com/stock-quotes/msn-stock-quote/">MSN</a>) shares are heading over 19% higher witout any clear news.</li>



<li>Infinera (NASDAQ:<a href="https://investorplace.com/stock-quotes/infn-stock-quote/">INFN</a>) stock is increasing more than 19% on a <a href="https://www.marketwatch.com/story/infineras-stock-rockets-22-after-2-3-billion-purchase-by-nokia-2125f317">$2.3 billion purchase order</a>.</li>



<li>ECD Automotive Design (NASDAQ:<a href="https://investorplace.com/stock-quotes/ecda-stock-quote/">ECDA</a>) shares are climbing over 12% alongside its <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318421650&amp;type=PDF&amp;symbol=ECDA&amp;cdn=c600c816f00588b364ea61c3034e71c9&amp;companyName=ECD+Automotive+Design+Inc.&amp;formType=10-Q&amp;formDescription=General+form+for+quarterly+reports+under+Section+13+or+15%28d%29&amp;dateFiled=2024-06-27">latest earnings report</a>.</li>



<li>American Battery Tech (NASDAQ:<a href="https://investorplace.com/stock-quotes/abat-stock-quote/">ABAT</a>) stock is jumping more than 11% on Friday morning.</li>



<li>Connexa Sports Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/yyai-stock-quote/">YYAI</a>) shares are up over 10% following a <a href="https://www.nasdaq.com/press-release/connexa-announces-1-20-reverse-split-remedy-bid-price-delisting-notice-2024-06-25">reverse stock split to regain compliance</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Nexalin Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/nxl-stock-quote/">NXL</a>) stock is plummeting more than 33% after <a href="https://www.nasdaq.com/press-release/nexalin-technology-announces-pricing-52-million-public-offering-2024-06-27">pricing a public offering</a>.</li>



<li>Elicio Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/eltx-stock-quote/">ELTX</a>) shares are diving over 26% on a <a href="https://www.nasdaq.com/press-release/elicio-therapeutics-announces-proposed-public-offering-2024-06-27">proposed public offering</a>.</li>



<li>Accolade (NASDAQ:<a href="https://investorplace.com/stock-quotes/accd-stock-quote/">ACCD</a>) stock is tumbling more than 26% <a href="https://finance.yahoo.com/news/accolade-accd-reports-q1-loss-211502651.html">alongside a Q1 earnings miss</a>.</li>



<li>Anitra (NYSEMKT:<a href="https://investorplace.com/stock-quotes/aztr-stock-quote/">AZTR</a>) shares are taking an over 24% beating on Friday morning.</li>



<li>Inspire Veterinary (NASDAQ:<a href="https://investorplace.com/stock-quotes/ivp-stock-quote/">IVP</a>) stock is dropping more than 20% this morning.</li>



<li>Gain Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/ganx-stock-quote/">GANX</a>) shares are falling over 19% after <a href="https://www.nasdaq.com/press-release/gain-therapeutics-inc-appoints-gene-mack-interim-ceo-2024-06-27">announcing an interim CEO</a>.</li>



<li>Assure (NASDAQ:<a href="https://investorplace.com/stock-quotes/ionm-stock-quote/">IONM</a>) stock is decreasing more than 16% <a href="https://investorplace.com/2024/06/why-is-assure-ionm-stock-up-191-today/">after a rally yesterday</a>.</li>



<li>American Well (NYSE:<a href="https://investorplace.com/stock-quotes/amwl-stock-quote/">AMWL</a>) shares are slipping over 14% on <a href="https://www.stocktitan.net/news/AMWL/amwell-announces-reverse-stock-4im1mwzldvbn.html">reverse stock split news</a>.</li>



<li>Royalty Management (NASDAQ:<a href="https://investorplace.com/stock-quotes/rmco-stock-quote/">RMCO</a>) stock is sliding more than 14% today.</li>



<li>Nike (NYSE:<a href="https://investorplace.com/stock-quotes/nke-stock-quote/">NKE</a>) shares close out our pre-market stock movers down over 14% on <a href="https://finance.yahoo.com/news/nike-stock-sinks-after-company-projects-larger-sales-decline-than-expected-in-2025-192129443.html">an expected sales declinein 2025</a>.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Nexalin Technology&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/nxl-stock-quote/">NXL</a>) stock is down on Friday after the medical device company <a href="https://www.nasdaq.com/press-release/nexalin-technology-announces-pricing-52-million-public-offering-2024-06-27">priced a public offering</a> of its shares.



Nexalin Technology is selling 3 million shares of NXL stock for $1.75 each in this public offering. This has the company expecting gross proceeds from the offering to come in at $5.25 million.



Nexalin Technology notes that Maxim Group LLC is acting as the sole placement agent for the offering. The company is also expecting this offering to close on Monday.



<h2>What This Means for NXL Stock</h2>



With this public offering comes an increase in the total number of outstanding shares of NXL stock. This will also dilute the stakes of current investors in the company. That&rsquo;s one of the reasons why Nexalin Technology is seeing its share price fall today.



In addition to that, the price of the shares in the offering is a significant discount over its prior closing price. The company&rsquo;s shares closed out Thursday at $2.96 per share. It makes sense that shares of NXL shares would drop when the shares in the offering are being sold at such a lower price.



NXL stock is down 35.1% as of Friday morning. This comes with more than 955,000 shares traded. The company&rsquo;s daily average trading volume is closer to 2.9 million shares.



We have more of the latest stock market stories ready to go today!



Our coverage includes all of the hottest stock market news for Friday! A few examples include what&rsquo;s happening with shares of Cosmos Health&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/cosm-stock-quote/">COSM</a>) and African Agriculture&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/aagr-stock-quote/">AAGR</a>) stock, as well as the biggest pre-market stock movers this morning. All of that news is available at the following links!



<h2>More Friday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/06/why-is-cosmos-health-cosm-stock-up-65-today/">Why Is Cosmos Health (COSM) Stock Up 65% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/why-is-african-agriculture-aagr-stock-up-55-today/">Why Is African Agriculture (AAGR) Stock Up 55% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-june-28th/">Today&rsquo;s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on&nbsp;Friday</a></li>
</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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Why Is Nexalin Technology (NXL) Stock Down 35% Today?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Cosmos Health&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/cosm-stock-quote/">COSM</a>) stock is on the rise Friday after the pharmaceutical company <a href="https://www.nasdaq.com/press-release/cosmos-health-signs-exclusive-distribution-agreement-pharmalink-its-sky-premium-life">secured a distribution agreement</a> with Pharmalink.



This agreement has Pharmalink acting as the exclusive distributor of Cosmos Health&rsquo;s Sky Premium Life products in the&nbsp;United Arab Emirates&nbsp;(UAE). Cosmos Health already has a 130,000 purchase order from Pharmalink and expects to deliver over 500,000 units in the first year.



Greg Siokas, CEO of Cosmos Health, said the following about the agreement with Pharmalink.




&ldquo;This partnership will enable us to launch our Sky Premium Life products dynamically in the UAE, especially in affluent markets such as Dubai and Abu Dhabi. We project receiving purchase orders exceeding 3 million units over the next five years and look forward to expanding our collaboration with Pharmalink.&rdquo;




<h2>How This Affects COSM Stock</h2>



With today&rsquo;s distribution agreement comes heavy trading of COSM shares. That has more than 12.4 million units changing hands. This is well above its daily average trading volume of about 180,000 shares.



COSM stock is up 64.7% as of Friday morning. However, the stock was down 50.4% year-to-date when markets closed yesterday.



Investors who are on the lookout for even more of the most recent stock market stories are in luck!



We have all of the hottest stock market news available on Friday! Among that is why shares of African Agriculture&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/aagr-stock-quote/">AAGR</a>) stock are up this morning, the biggest pre-market stock movers today and more. You can find more of that news at the links below!



<h2>More Stock Market News for Friday</h2>



<ul><li><a href="https://investorplace.com/2024/06/why-is-african-agriculture-aagr-stock-up-55-today/">Why Is African Agriculture (AAGR) Stock Up 55% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-june-28th/">Today&rsquo;s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on&nbsp;Friday</a></li>



<li><a href="https://investorplace.com/2024/06/want-to-bet-on-the-future-of-inflation-new-forecastex-exchange-will-let-you-do-just-that/">Want to Bet on the Future of Inflation? New ForecastEx Exchange Will Let You Do Just That.</a></li>
</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Elicio Therapeutics&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/eltx-stock-quote/">ELTX</a>) stock is falling on Friday after the clinical-stage biotechnology company <a href="https://www.nasdaq.com/press-release/elicio-therapeutics-announces-proposed-public-offering-2024-06-27">announced a proposed public offering</a>.



Elicio Therapeutics has announced its plans for a public offering that will include shares of ELTX stock, warrants to purchase additional shares and pre-funded warrants. What the company doesn&rsquo;t reveal is the size and pricing of the offering.



Elicio Therapeutics says that it intends to use the funds from the offering for &ldquo;the advancement of its development pipeline.&rdquo; It will also use the money for working capital and general corporate purposes.



<h2>What This Means for ELTX Stock</h2>



With this public offering will come an increase in the total number of ELTX shares outstanding. That will also result in the stakes of current investors in Elicio Therapeutics being diluted. That helps explain why shares of ELTX stock are falling on Friday.



To go along with that, investors are likely wary about the pricing of the offering. While it hasn&rsquo;t been announced yet, it&rsquo;s likely to be below the current price of the company&rsquo;s stock. This will likely result in further drops for ELTX shares once the price is announced.



ELTX stock is down 36.2% as of Friday morning. That comes with 18,000 shares traded, as compared to a daily average of about 46,000 shares.



We have more of the most recent stock market stories worth reading about on Friday!



Our coverage includes all of the hottest market news traders need to know about today! That includes everything happening with shares of Nexalin Technology&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/nxl-stock-quote/">NXL</a>) stock, Cosmos Health&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/cosm-stock-quote/">COSM</a>) stock and African Agriculture&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/aagr-stock-quote/">AAGR</a>) stock this morning. You can catch up on all of these matters by checking out the links below!



<h2>More Stock Market News for Friday</h2>



<ul><li><a href="https://investorplace.com/2024/06/why-is-nexalin-technology-nxl-stock-down-35-today/">Why Is Nexalin Technology (NXL) Stock Down 35% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/why-is-cosmos-health-cosm-stock-up-65-today/">Why Is Cosmos Health (COSM) Stock Up 65% Today?</a></li>



<li><a href="https://investorplace.com/2024/06/why-is-african-agriculture-aagr-stock-up-55-today/">Why Is African Agriculture (AAGR) Stock Up 55% Today?</a></li>
</ul>On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&#8239;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">How to Profit Without Getting Scammed</a>



On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/06/why-is-elicio-therapeutics-eltx-stock-down-36-today/">Why Is Elicio Therapeutics (ELTX) Stock Down 36% Today?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Why Is Elicio Therapeutics (ELTX) Stock Down 36% Today?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
<a href="https://investorplace.com/industries/healthcare/biotech/">Biotech stocks</a> are not for everyone, let&rsquo;s make that perfectly clear. It&rsquo;s challenging to invest in a field in which companies &ndash; particularly startups &ndash; can go for years without seeing a penny of revenue. 



While there are several outstanding companies from which to choose, the field is also littered with biotech stocks to sell before you get in too much trouble.



Biotech stocks represent companies that are in the medical field. They develop and commercialize new medical treatments, drugs, and technologies, working in the fields of gene therapy, personalized medicine and biologics.



The challenge in this sector is that it takes a long time to bring a new drug or therapy to market. 



Even after the drug or therapy is discovered and developed in a laboratory setting, biotech companies must undergo preclinical research and a series of clinical trials. All these trials must be successful to go to the next step in the process. 



Clinical trials can often be expensive and time-consuming. And if the drug or therapy passes all of that, it still needs to get approval from the Food and Drug Administration (and regulators in other countries) before it can be brought to market.



Well-established biotech companies that have a history of success can better withstand these issues if they&rsquo;ve previously brought drugs to market and are bringing in revenue. 



But for a new company that doesn&rsquo;t have a revenue stream, clinical trials can try the patience of any investor &ndash; particularly as a company goes deeper into debt.



The biotech stocks we&rsquo;re looking at today all have good ideas, but the hurdles they have to clear to turn the corner are extremely high. 



If you&rsquo;re going to invest in the biotech sector, you should consider avoiding these names &ndash; and if you&rsquo;re an investor, you should take this opportunity to recognize biotech stocks to sell now.



<h2>Ginkgo Bioworks (DNA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/dna_ginkobioworks1600-300x169.png" alt="Person holding mobile phone with logo of American biotechnology company Ginkgo Bioworks Inc. on screen in front of web page. Focus on phone display. Unmodified photo. DNA stock"><div>Source: T. Schneider / Shutterstock.com</div></div>Ginkgo Bioworks (NYSE:<a href="https://investorplace.com/stock-quotes/dna-stock-quote/">DNA</a>) is a Boston-based company that uses genetic engineering to produce bacteria with industrial applications for other biotech companies.



The company specializes in cell programming and biosecurity. It&rsquo;s <a href="https://finance.yahoo.com/news/ginkgo-bioworks-novo-nordisk-expand-110200616.html">working</a> with Dutch biotech company Novo Nordisk (NYSE:<a href="https://investorplace.com/stock-quotes/nvo-stock-quote/">NVO</a>) on several research and development projects over the next five years, including diabetes and obesity medications.



Ginkgo also <a href="https://www.syngenta.com/en/company/media/syngenta-news/year/2024/syngenta-collaborates-ginkgo-bioworks-enable-faster-launch">announced</a> a collaboration with agricultural company Syngenta to develop and optimize a microbial strain for a secondary metabolite in Syngenta&rsquo;s pipeline.



As promising as these sound, the reality doesn&rsquo;t match up. DNA stock is down 82% this year and the company has just been trying to maintain its New York Stock Exchange <a href="http://investors.ginkgobioworks.com/news/news-details/2024/Ginkgo-Bioworks-Receives-Continued-Listing-Standard-Notice-From-NYSE/default.aspx">listing compliance</a>.



The company also instituted deep staff cuts, <a href="https://investorplace.com/2024/06/ginkgo-bioworks-layoffs-expand-to-400-job-cuts/">laying off</a> at least 35% of its 1,200-member workforce. &nbsp;



Revenue in the first quarter was $38 million, down from $81 million in the first quarter of 2023. Overall, the company reported a loss of $178 million for the quarter.



DNA stock gets an &ldquo;F&rdquo; rating in the Portfolio Grader.



<h2>Tonix Pharmaceuticals (TNXP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/pharmaceuticals_tnxp_1600-300x169.png" alt="medicine research, pharmaceutical background, LJPC stock"><div>Source: Sisacorn / Shutterstock.com</div></div>Tonix Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/txnp-stock-quote/">TXNP</a>) is making drugs and therapies to treat central nervous system disorders. But like many other biotech companies, it&rsquo;s paying the bills is a challenge.



Tonix hasn&rsquo;t yet brought a drug to market. It does have a candidate in Phase 3 testing as a treatment for fibromyalgia. The company is hoping for FDA approval for its drug, Tonmya, in the second half 2025.



Tonix also has a therapy in Phase 2 trials that would treat long Covid-19 symptoms, but Tonmya is much closer to becoming a reality.



That&rsquo;s why the company&rsquo;s trying to raise money. It had&nbsp;<a href="https://ir.tonixpharma.com/news-events/press-releases/detail/1490/tonix-pharmaceuticals-announces-closing-of-4-0-million">two separate $4 million public offerings in June</a>&nbsp;that will help, but also served to dilute investor equity. It also completed a 1-for-32 reverse stock split to regain Nasdaq listing compliance.



Tonix recorded a <a href="https://ir.tonixpharma.com/news-events/press-releases/detail/1469/tonix-pharmaceuticals-reports-first-quarter-2024-financial">net loss of $14.9 million in the first quarter,</a>&nbsp;or 18 cents per share. It only had $7 million in cash on hand at the end of the quarter, so it needs all the money it can get from its fundraising efforts.



TNXP stock is already back below $1 per share, having dropped 93% in 2024. It gets an &ldquo;F&rdquo; rating in the Portfolio Grader.



Tonix stock is down 95% this year, getting an &ldquo;F&rsquo; rating in the Portfolio Grader.



<h2>Gain Therapeutics (GANX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/ibio1600-300x169.jpg" alt="A scientist in medical gear peers through a microscope. IBIO stock"><div>Source: Shutterstock</div></div>Gain Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/ganx-stock-quote/">GANX</a>) is a Maryland company that is developing possible therapies for neurodegenerative diseases, genetic disorders and cancer. 



The company lead candidate, which is in Phase 1 trials, has the potential to treat Parkinson&rsquo;s disease and other neurodegenerative diseases such as Gaucher disease, and Alzheimer&rsquo;s disease.



Gain also has a drug discovery platform called Magellan that uses artificial intelligence to help it develop therapies.



It&rsquo;s also trying to raise money, although doing so isn&rsquo;t a good deal for current shareholders. 



<a href="https://investorplace.com/2024/06/why-is-gain-therapeutics-ganx-stock-down-25-today/">Last month</a> it sold 7.11 million shares at $1.35 each in an effort to raise $11 million so it can continue testing its lead drug candidate. But the public offering also increased the number of shares in the company, which diluted shares.



It&rsquo;s also notable that CEO Matthias Alder abruptly left Gain in late June. He was replaced on an interim basis by Gene Mack, the chief financial officer.



All in all, Gain appears not to be on firm footing and is a long way from seeing revenue from its top drug candidate. The stock is down 62% this year and gets a &ldquo;D&rdquo; rating in the Portfolio Grader.



<h2>GlycoMimetics (GLYC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/bio1600-300x169.jpg" alt="MRNA Stock Will Continue Its Slump, but a $25 It Will Be a Great Buy"><div>Source: Shutterstock</div></div>GlycoMimetics (NASDAQ:<a href="https://investorplace.com/stock-quotes/glyc-stock-quote/">GLYC</a>) is another Maryland company. It&rsquo;s working on developing glycobiology-based therapies for cancer and inflammatory disease.



Glycobiology involves working with carbohydrates or sugar chains in an effort to develop appropriate therapies.



But the company took a major hit this spring when Phase 3 trials of its lead drug candidate failed to be statistically significant. The drug, uproleselan, was bring developed for the treatment of relapsed/refractory acute myeloid leukemia.



The company <a href="https://www.nasdaq.com/press-release/glycomimetics-announces-results-of-pivotal-phase-3-study-of-uproleselan-in-relapsed">noted</a> that the study didn&rsquo;t &ldquo;achieve a statistically significant improvement in overall survival in the intent to treat population versus chemotherapy alone.&rdquo; 



Patient survival reached a median of 13 months as compared to 12.3 months just with chemotherapy.



The company said it&rsquo;s planning to meet with regulators and the National Cancer Institute to determine a path forward. Meanwhile, the floor has fallen out from GLYC stock, which is down 87% on the year. It gets a &ldquo;D&rdquo; rating in the Portfolio Grader.



<h2>GRI Bio (GRI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/biomedical-technology1600-300x169.png" alt="Modern Medical Research Laboratory with Computer, Microscope, Glassware with Biochemicals on the Desk. Scientific Lab Biotechnology Development Center Full of High-Tech Equipment. Biomedical technology stocks, RSLS Stock"><div>Source: Gorodenkoff / Shutterstock.com</div></div>GRI Bio (NASDAQ:<a href="https://investorplace.com/stock-quotes/gri-stock-quote/">GRI</a>) is developing therapies to treat inflammatory disease. 



Its&nbsp;therapies would target the activity of Natural Killer T (&ldquo;NKT&rdquo;) cells, which are key regulators earlier in the inflammatory cascade, to interrupt disease progression.



The company has four drug candidates in its pipeline, with the most advanced being a treatment for idiopathic pulmonary fibrosis. That candidate is in Phase 2 trials.



Like many other early-stage biotech companies, GRI Bio is trying to raise money to keep the doors open, while at the same time <a href="https://gribio.com/gri-bio-regains-compliance-with-nasdaq/">trying not to be delisted by the index</a>.



The company announced late last month that it would sell more than 2 million shares of GRI stock &ndash; an <a href="https://investorplace.com/2024/06/why-is-gri-bio-gri-stock-down-29-today/">announcement</a> that sent the stock price down by 29%.



GRI stock is now down 95% in 2024. It gets an &ldquo;F&rdquo; rating in the Portfolio Grader.



<h2>Ovid Therapeutics (OVID)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/biotech1600d-300x169.jpg" alt="Image of two scientists in lab coats studying results in a lab. best biotech stocks to buy"><div>Source: Shutterstock</div></div>Ovid Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/ovid-stock-quote/">OVID</a>) is a biotech company that is working to create therapies to combat neurological diseases. 



Its drug candidate to treat brainstem malformations completed Phase 1 trials, while three other drug candidates are not as far advanced.



Ovid also has a partnership with Takeda to bring another drug, soticlestat to market to treat Dravet syndrome and Lennox-Gastaut syndrome. 



Both therapies are in Phase 3 trials, but the top-line study results are not promising. 



The treatment for Dravet syndrome narrowly missed its primary endpoint in reducing the frequency of seizures, and its treatment for Lennox-Gastaut syndrome missed its mark in reducing motor drop seizures.



Ovid only had revenue of <a href="https://investors.ovidrx.com/news/news-details/2024/Ovid-Therapeutics-Reports-Business-Updates-and-First-Quarter-2024-Financial-Results/default.aspx">$148,000 in the first quarter</a> versus operating expenses of $17.2 million. The company has roughly $90 million of cash on hand, so it&rsquo;s not at immediate risk. But it&rsquo;s also a long way from turning a profit as well.



OVID stock is down 70% this year &ndash; with much of that drop coming after the Phase 3 trials on soticlestat were released. and gets a &ldquo;D&rdquo; rating in the Portfolio Grader.



<h2>Cosmos Health (<a href="https://investorplace.com/stock-quotes/cosm-stock-quote/">COSM</a>)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/biopharma-1600-300x169.jpg" alt="Illustration of a biopharma company. Doctor standing in front of various medical icons."><div>Source: Billion Photos / Shutterstock</div></div>Cosmos Health (NASDASQ:<a href="https://investorplace.com/stock-quotes/cosm-stock-quote/">COSM</a>) is a Chicago company that serves as a holding company. 



Its portfolio includes pharmaceutical and nutraceutical brands, including Sky Premium Life, Mediterranation, bio-bebe and C-Sept.



The company also operates a subsidiary, Cana Laboratories, to manufacture pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union. 



The company makes and sells branded generics and over-the-counter medications, to retail pharmacies and wholesale distributors through its subsidiaries in Greece and the U.K.



The company has not yet filed its fourth-quarter report, and received a notice of noncompliance from Nasdaq for the failure. 



But its third-quarter report included a couple of red flags, including a drop in year-to-date revenue from $38.3 million to $37.5 million; and a drop in cash from $20.7 million to $2.3 million.



COSM stock is down 10% this year and gets a &ldquo;D&rdquo; rating in the Portfolio Grader.



On the date of publication, Louis Navellier had a long position in NVO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.



InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://url.us.m.mimecastprotect.com/s/AAadCPNlWWs3yKYns0yRM6?domain=investorplace.com/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) and positions in the securities mentioned in this article.
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Cosmos Health (NASDAQ:<a href="https://investorplace.com/stock-quotes/cosm-stock-quote/">COSM</a>) just reported results for the second quarter of 2024.<ul><li>Cosmos Health reported earnings per share of -15 cents.</li><li>The company reported revenue of $13.21 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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AAGR

ABAT

ACCD

AMWL

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AZTR

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ECDA

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GLYC

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IONM

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Press Releases

Cosmos Health Reports Q1 2024 Results: Continues to Deliver Strong Growth and Improved Performance with 18% YoY Revenue Increase and 39% Rise in Gross Profit

Cosmos Health Reports Q2 2024 Results: Sustains Positive Momentum with 7% Revenue Growth vs. Q1 2023 and 12.5% vs. H1 2023

Cosmos Health Holds EU Distribution Rights for Virax Biolabs' Mpox (formerly Monkeypox) Virus Real-Time PCR Detection Kits

Cosmos Health's Cana Laboratories Completes Facility Upgrades and Secures Contract Manufacturing Agreement with Provident Pharmaceuticals for 4.32 Million Vials of DE3-SOLE

Cosmos Health Regains Full Compliance with Nasdaq Listing Requirements

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Virax Biolabs Announces Extension of Existing Exclusive Distribution Agreement to Market Mpox (formerly Monkeypox) Virus Real-Time PCR Detection Kits with Cosmos Health Inc.

Cosmos Health Secures Exclusivity Agreement with Virax Biolabs to Distribute mpox PCR Kits across the GCC, including the UAE, Saudi Arabia, Bahrain, Kuwait, Oman, and Qatar

Taglich Brothers Publishes Updated Coverage Report on Cosmos Health; Maintains Price Target of $4, Nearly 300% Above Current Share Price

Cosmos Health Releases 2024-2027 Updated Guidance; Projects Revenue of $155.8M and Adjusted EBITDA of $29.4M Annually by 2027, Driven by Strategic Focus on High-Margin Segments

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