Kureha (OTC:KURCF) Stock, Quote.Headers.trade-ideas

Kureha Corp manufactures and sells chemicals and chemical-based products in four segments based on product type. The specialty plastics segment, which generates more revenue than any other segment, sells plastic wrap used by consumers to package food, as well as commercial food packaging and fishing line. The advanced materials segment sells plastics such as polyvinylidene fluoride used in electronic materials and for water treatment, as well as carbon used in lithium ion batteries and industrial insulation. The specialty chemicals segment sells pharmaceuticals, agricultural chemicals, and industrial chemicals. The construction and other operations segment provides construction, engineering, and logistics services.

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J.P. Morgan&#39;s recent Battery Series provided insights on the industry&#39;s future, with 20-23% YoY growth projected for global EV sales in 2024. China leads, while US and Europe have muted expectations. Focus on fast charging &amp; cost reduction. Localization trends impact supply chain.

EV Market Set For 20-23% Growth, Led By China-Based Companies Like Nio, XPeng, Li Auto: JPMorgan

Kureha Corp

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Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Trade Balance For August -695.3B Vs. -1,380.0B Est.; -628.7B Prior

Reported Earlier, Japan Exports (YoY) For August 5.6% Vs. 10.0% Est.; 10.2% Prior

Reported Earlier, Japan Adjusted Trade Balance -0.60T Vs. -0.96T Est.; -0.68T (Revised) Prior

Microsoft Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has called for more transparency on U.S. export controls that have delayed the delivery of AI chips to the Middle East.
What Happened: Microsoft has been seeking &#8220;clarity and consistency&#8221; in U.S. export controls that have impeded the shipment of advanced&nbsp;AI chips to the&nbsp;Middle East, <a href="https://www.ft.com/content/bb9ed20e-8e95-4808-a37c-7a540ca4b056">reported</a> the Financial Times.
The company had earlier invested $1.5 billion in G42, the largest AI company in the United Arab Emirates, to use it&nbsp;as a gateway to markets&nbsp;in Africa and Asia.
See Also:&nbsp;<a href="https://www.benzinga.com/24/09/40868730/openais-o1-model-nvidias-ai-demand-googles-missed-opportunity-and-more-this-week-in-ai?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">OpenAI&#8217;s &#8216;O1&#8217; Model, Nvidia&#8217;s AI Demand, Google&#8217;s Missed Opportunity, And More: This Week In AI</a>
However, U.S. restrictions on AI-specialized chip exports to the Middle East, due to concerns over technology leakage to China, have put a damper on some of Microsoft&#8217;s plans with G42.
Despite these setbacks,&nbsp;Microsoft and G42 announced on&nbsp;Tuesday the establishment of two new research institutes in Abu Dhabi.
These institutes will focus on developing AI systems for the non-Western world, including&nbsp;languages such as Arabic and&nbsp;Hindi.
Why It Matters: In May 2024, it was reported that the U.S. and Saudi Arabia were in talks for a historic pact that could potentially lead to diplomatic ties with Israel. This development was believed to be driven by <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38577767/semiconductors-are-the-new-oil-wealth-manager-says-saudi-arabias-need-for-data-cent">Saudi Arabia&#8217;s need for data centers</a> and semiconductors.
The U.S. has faced criticism from China for adding several Chinese entities to its export control list. This move is seen as an attempt to <a href="https://www.benzinga.com/news/24/08/40546725/china-slams-us-for-including-chinese-firms-in-export-control-list-undermines-the-international-trade">restrict Russia's access</a> to advanced U.S. technology.
Earlier this year, China also <a href="https://www.benzinga.com/news/24/05/39104542/china-cites-national-security-as-it-tightens-export-controls-on-aviation-and-aerospace-equipment-ami">tightened export controls on certain</a> aviation and aerospace technologies and components, citing national security.
However, China was pivoting towards a more export-driven growth model, which experts have warned could lead to a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37528052/chinas-export-ambitions-could-land-us-in-global-trade-war-territory-warns-economist">potential global trade war</a>.
Image via Shutterstock
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Politics

Media

MSFT

Microsoft Wants Clarity On Chip Exports To Middle East Amid $1.4B Deal With UAE Firm

Tesla Inc. and SpaceX CEO Elon Musk has publicly criticized the Federal Aviation Administration for <a href="https://www.benzinga.com/news/24/09/40899599/elon-musk-said-spacex-competitors-only-take-up-less-than-we-do-and-they-take-nothing-down-and-they-g">imposing a $633,009 fine</a> on SpaceX for regulatory violations, hinting at the <a href="https://www.benzinga.com/news/24/09/40899599/elon-musk-said-spacex-competitors-only-take-up-less-than-we-do-and-they-take-nothing-down-and-they-g">agency&#8217;s favoritism towards</a> Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>).
What Happened: According to a post by Musk on X, he questioned why Boeing was not fined despite NASA deeming their spacecraft unsafe for returning astronauts. Musk&#8217;s comments were in response to a post by Mario Nawfal, who criticized the FAA's actions against SpaceX.
&#8220;Amazingly, no Starliner fines for Boeing! The FAA space division is harassing SpaceX about nonsense that doesn't affect safety while giving a free pass to Boeing even after NASA concluded that their spacecraft was not safe enough to bring back the astronauts,&#8221; Musk wrote. 
Musk also stated that resignations from FAA leadership are necessary.
Nawfal highlighted that the FAA had to go back a year to find violations against SpaceX, while Boeing faced no penalties for safety issues that left two American astronauts stranded at the ISS. Meanwhile, SpaceX plans to sue the FAA for regulatory overreach.
The FAA has proposed a fine against SpaceX for alleged violations during two launches in 2023, accusing the company of not adhering to license requirements. 
<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">Amazingly, no Starliner fines for Boeing! The FAA space division is harassing SpaceX about nonsense that doesn't affect safety while giving a free pass to Boeing even after NASA concluded that their spacecraft was not safe enough to bring back the astronauts. There need to be…
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1836151356668940762?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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This comes amid ongoing scrutiny of Boeing&#8217;s safety and quality control issues, with FAA Administrator Mike Whitaker set to testify before Congress on Sept. 24 and 25 regarding the agency&#8217;s oversight of Boeing.
See Also: <a href="https://www.benzinga.com/news/24/09/40897703/former-tesla-exec-says-elon-musks-endorsement-of-trump-might-not-sway-upcoming-presidential-election?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Former Tesla Exec Says Elon Musk&#8217;s Endorsement Of Trump Might Not Sway Upcoming Presidential Elections: &#8216;Last Time Around He Endorsed Andrew Yang&#8217;</a>
Why It Matters: The tension between SpaceX and the FAA is not new. Recently, Musk highlighted that SpaceX&#8217;s competitors &#8220;take up less than we do, and they take nothing down, and they get paid twice as much,&#8221; referring to the <a href="https://www.benzinga.com/news/24/09/40899599/elon-musk-said-spacex-competitors-only-take-up-less-than-we-do-and-they-take-nothing-down-and-they-g">disparity in treatment between SpaceX and Boeing</a>. 
This statement <a href="https://www.benzinga.com/news/24/09/40899599/elon-musk-said-spacex-competitors-only-take-up-less-than-we-do-and-they-take-nothing-down-and-they-g">came amid Boeing&#8217;s decision</a> to freeze hiring and consider furloughs due to a strike by over 30,000 workers.
Adding to the context, former President Donald Trump recently praised Musk for his contributions to U.S. space development, stating that the <a href="https://www.benzinga.com/news/24/09/40890535/spacex-ceo-elon-musk-is-doing-an-amazing-job-says-trump-because-before-the-us-was-getting-lapped-in">U.S. was previously lagging behind China and Russia</a> in space but is now a leader, thanks to Musk&#8217;s efforts. 
Moreover, SpaceX has achieved significant milestones, including the recent return of the Polaris Dawn crew after a 5-day mission that featured the <a href="https://www.benzinga.com/news/24/09/40872104/polaris-dawn-returns-home-after-5-day-mission-including-first-commercial-spacewalk">first commercial spacewalk</a>. 
Musk&#8217;s dominance in space is further illustrated by SpaceX controlling nearly <a href="https://www.benzinga.com/news/24/09/40869627/elon-musk-now-controls-two-thirds-of-the-planets-satellites-and-spacex-is-just-getting-started-with">two-thirds of the planet&#8217;s satellites</a>, with plans to launch almost 40,000 more. This rapid expansion of the Starlink satellite network has positioned SpaceX as a formidable player in the global space industry. 
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/09/40872989/mark-cuban-asks-elon-musk-he-can-directly-question-him-about-kamala-harris-economic-policies-but-wan?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Asks Elon Musk He Can Directly Question Him About Kamala Harris&#8217; Economic Policies, But Wants This In Exchange</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Equities

Regulations

SPACE

Elon Musk Accuses FAA Of Fining SpaceX Over 'Nonsense' That Doesn't Affect Safety: 'Amazingly, No Starliner Fines For Boeing'"

The <a href="https://www.benzinga.com/government/24/09/40793314/huawei-targets-iphones-premium-market-with-2-800-foldable-mate-xt-launch-report">upcoming trifold smartphone</a> from Huawei Technologies, China&#8217;s top smartphone maker, is being listed for over $7,000 on online marketplaces, more than double its list price, even before its official release.
What Happened: Scheduled to be released on Friday, Huawei&#8217;s new Mate XT is already being offered on online marketplaces at inflated prices due to its limited availability and high demand, <a href="https://asia.nikkei.com/Business/Electronics/Huawei-trifold-phones-being-flipped-for-7-000-even-before-release">reported</a> Nikkei Asia.
The device, which is the world&#8217;s first trifold smartphone, has seen preorders on Huawei&#8217;s homepage alone exceed 5 million.
The Mate XT, unveiled on Sept. 10, is expected to be available in Guangzhou stores no sooner than February or March next year.
See Also: <a href="https://www.benzinga.com/news/24/09/40892284/oracles-larry-ellison-predicts-police-officers-will-be-supervised-at-all-times-and-citizens-will-be?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Oracle&#8217;s Larry Ellison Predicts Police Officers Will Be Supervised &#8216;At All Times&#8217; And Citizens Will Be On Their Best Behavior Thanks To Constant AI-Powered Surveillance</a>
The phone, which measures 10.2 inches when unfolded and is 3.6 millimeters thick, comes with generative artificial intelligence and satellite communication functions.
On Alibaba Group Holding&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) flea market app Xianyu, listings for the phone have been spotted for as high as 49,999 yuan, over $7,000, more than twice the price of the top-end model.
Some sellers are even asking for around 100,000 yuan (about $14,089.47), saying they have guaranteed access to the phone due to early reservations at physical stores.
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
Why It Matters: The Mate XT, with a starting price tag of $2,800, was announced by Huawei shortly after Apple Inc. launched its iPhone 16 series, marking <a href="https://www.benzinga.com/news/24/09/40845772/huaweis-2-800-tri-fold-phone-has-the-potential-to-eat-apples-lunch-in-china-here-is-how-it-compares">Huawei&#8217;s intensified efforts</a> to challenge Cupertino&#8217;s smartphone dominance in China.
The trifold smartphone&#8217;s high price tag and its potential to rival Apple&#8217;s iPhone 16 Pro Max, which retails for $1,199 for 256 GB storage, has made it a subject of curiosity.
However, the cost of replacing the <a href="https://www.benzinga.com/news/24/09/40847304/huawei-might-be-giving-apple-a-run-for-its-money-in-china-but-replacing-the-tri-folds-screen-could-c">Mate XT&#8217;s screen could set owners</a> back as much as a brand-new iPhone, with a replacement OLED panel costing about $1,125.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/09/40897716/elon-musk-reacts-after-mark-cuban-says-he-would-buy-x-in-a-heartbeat?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Mark Cuban Says He Would Buy X &#8216;In A Heartbeat&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

BABA

Huawei's Trifold Is Now Fetching $7,000 As Buyers Flip Apple Rival's Device On Online Marketplaces In China

In the aftermath of an assassination attempt, former President Donald Trump received calls from President Joe Biden and Vice President Kamala Harris. 
What Happened: Trump, who was targeted at his West Palm Beach golf course in Florida, shared his conversations with Biden and Harris at the town hall. 
Trump described these calls as &#8220;so nice,&#8221; during a campaign town hall in Michigan, according to a <a href="https://thehill.com/homenews/campaign/4885432-donald-trump-joe-biden-call/">report</a> from The Hill.
&#8220;He was so nice to me yesterday. In one way I sort of wish the call wasn't made because I do feel a little — He's so nice. ‘I'm so sorry about what happened and all that,&#8221; said Trump.
&#8220;Same with Kamala today. She could not have been nicer,&#8221; he said.
Despite the crowd&#8217;s negative reaction, he referred to his call with Harris as a &#8220;very nice call.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/09/40868937/mary-trump-says-her-uncle-is-a-deeply-unwell-traitor-he-knows-he-just-needs-to-keep-it-close-enough?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mary Trump Says Her Uncle Is A &#8216;Deeply Unwell Traitor&#8217;: &#8216;He Knows He Just Needs To Keep It Close Enough So He Can Cheat&#8217;</a>
Why It Matters: The incident led to the arrest of 58-year-old Ryan Wesley Routh on gun charges. However, Trump blamed the rhetoric of Biden and Harris for inciting violence against him.
The assassination attempt on Trump was the second of its kind. The former President was <a href="https://www.benzinga.com/24/09/40869836/donald-trump-safe-and-unharmed-after-shooting-incident-at-florida-golf-club">recently targeted</a> at his Florida golf club. 
Following the attempt on his life, Trump <a href="https://www.benzinga.com/news/24/09/40870455/trump-vows-to-never-surrender-after-surviving-second-assassination-attempt">vowed to &#8220;never surrender&#8221;</a>. 
Biden and Harris <a href="https://www.benzinga.com/news/24/09/40870341/kamala-harris-biden-express-relief-that-trump-is-unhurt-after-second-assassination-attempt-i-am-glad">expressed relief</a> that Trump was unharmed on the same day. The alleged assailant owns a small construction company owner <a href="https://www.benzinga.com/news/24/09/40872269/fbi-investigating-trumps-second-assassination-attempt-authorities-detain-pro-ukraine-construction-co">known for his criticism of Trump</a>.
Image via Shutterstock
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

General

Trump Praises Joe Biden And Kamala Harris For Calling Him After Latest Assassination Attempt: 'I Sort Of Wish The Call Wasn't Made I Do Feel A Little...'

Ahead of the Federal Reserve&#8217;s upcoming rate decision, Mohamed El-Erian has highlighted concerns about the potential for disappointing interest rate cuts due to the Fed&#8217;s focus on employment.
What Happened: El-Erian, chief economic adviser at Allianz, highlighted concerns over the Federal Reserve&#8217;s focus on &#8220;maximum employment&#8221; potentially leading to underwhelming interest rate cuts.
El-Erian shared an article on X from The Economist titled &#8220;The Federal Reserve's interest rate cuts may disappoint investors,&#8221; emphasizing that markets might have overestimated the Fed&#8217;s commitment to its employment mandate. 
El-Erian noted, &#8220;The concern for markets is that they have gone too far in pricing the Fed as a single mandate central bank.&#8221;
The article suggested that Fed Chair Jerome Powell could still surprise investors with a hawkish stance. The Fed&#8217;s rate-setting committee is expected to announce a rate cut on Wednesday, with market pricing indicating a 40% chance of a 0.25 percentage point cut and a 60% chance of a 0.5 percentage point cut.
Investors have been eagerly awaiting a reversal in the Fed&#8217;s interest rate policy after a series of rapid rate hikes over the past two and a half years. 
<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">From <a href="https://twitter.com/TheEconomist?ref_src=twsrc%5Etfw">@TheEconomist</a> article, "The Federal Reserve's interest rate cuts may disappoint investors." The concern for markets is that they have gone too far in pricing the Fed as a single mandate central bank that is, and will continue to be focussed exclusively on the "maximum… <a href="https://t.co/v1pJGCxsmK">pic.twitter.com/v1pJGCxsmK</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1836203086341341547?ref_src=twsrc%5Etfw">September 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also: <a href="https://www.benzinga.com/markets/equities/24/09/40895240/wall-street-could-head-higher-as-traders-look-forward-to-retail-sales-data-ahead-of-fed-decision?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nasdaq, S&amp;P 500 Futures Firm Up Ahead Of Retail Sales Data</a>
Why It Matters: The context around the Federal Reserve's upcoming decision is crucial. Recent economic data has shown mixed signals, complicating the Fed&#8217;s decision-making process. 
On Tuesday, U.S. retail sales for August rose by 0.1%, <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40897882/retail-sales-rise-0-1-in-august-more-than-expected-boosting-odds-of-larger-fed-ra">more than expected,</a> suggesting resilient consumer spending. 
Additionally, economist Quincy Krosby emphasized that the Fed must balance the <a href="https://www.benzinga.com/news/econ-s/24/09/40902634/retail-spending-remains-on-solid-footing-but-fed-must-weigh-rate-cuts-impact-on-workers-says-economi">impact of rate cuts on workers</a>, noting that a smaller cut might offer more flexibility if inflation remains elevated. 
Moreover, Nobel laureate Paul Krugman has argued that even a 50-basis-point cut would <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40891378/ahead-of-fomc-meeting-paul-krugman-says-fed-rates-will-be-elevated-even-with-50-bps">leave rates elevated</a>. Meanwhile, economist Peter Schiff has warned that upcoming rate cuts might not lower borrowing costs, predicting rising mortgage rates and a <a href="https://www.benzinga.com/news/24/09/40890618/peter-schiff-says-unlikely-that-fed-rate-cuts-will-lower-borrowing-costs-predicts-rising-mortgage-ra">potential dollar collapse</a>. 
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/09/40890618/peter-schiff-says-unlikely-that-fed-rate-cuts-will-lower-borrowing-costs-predicts-rising-mortgage-ra?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Peter Schiff Says Unlikely That Fed Rate Cuts Will Lower Borrowing Costs, Predicts Rising Mortgage Rates And Dollar Collapse — Suggests 100 Basis Points Rate Hike As Cure</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Federal Reserve

Mohamed El-Erian Warns Markets Have Gone Too Far In Pricing Fed As 'Single Mandate' Central Bank, Highlights Potential Disappointment Awaiting Investors Looking Forward To Rate Cut

The U.S. stock market had a mixed close on Tuesday. The Dow Jones slipped slightly by 0.4%, finishing at 41,606.18. Meanwhile, the S&amp;P 500 edged up 0.03% to 5,634.58, and the Nasdaq gained 0.2%, closing at 17,628.06.
Investors are now keenly awaiting the Federal Reserve&#8217;s meeting scheduled for Wednesday, where a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40878710/investors-bet-on-50-basis-point-rate-cut-wall-street-analysts-urge-caution-this-is-">cut in interest rates is widely expected.</a>
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Intuitive Machines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>)
Intuitive Machines&#8217; stock plummeted by 5.59%, closing at $5.40 after hitting an intraday high and low of $5.87 and $5.34 respectively. The company&#8217;s shares surged 55.6% to $8.40 in extended trading after it <a href="https://www.benzinga.com/news/24/09/40910237/why-intuitive-machines-stock-is-blasting-off-in-extended-trading">secured a NASA contract</a> for communication and navigation services in the near space region.
Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)
Netflix&#8217;s stock rose by 1.49% to close at $706.91. The streaming giant&#8217;s shares reached an intraday high of $707.63 and a low of $698.37. Co-CEO Ted Sarandos stated that there&#8217;s no such thing as too much content in the <a href="https://www.benzinga.com/general/entertainment/24/09/40901664/netflix-ceo-says-theres-no-such-thing-as-too-much-content-embraces-steve-jobs-cannibalizati">ever-changing streaming sector.</a>
See Also: <a href="https://www.benzinga.com/news/24/09/40899012/elon-musk-reacts-after-trump-campaign-releases-over-50-examples-of-democrats-rhetoric-that-inspired?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Trump Campaign Releases Over 50 Examples of Democrats&#8217; Rhetoric That &#8216;Inspired Assassination Attempt&#8217;</a>
Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)
Li Auto&#8217;s stock soared by 12.28% to close at $21.39. The Chinese electric vehicle manufacturer&#8217;s shares hit an intraday high and low of $21.4 and $20.21 respectively. The company&#8217;s stock <a href="https://www.benzinga.com/news/24/09/40901862/whats-going-on-with-chinese-ev-stocks-nio-xpeng-li-auto-zeekr-on-tuesday">traded higher</a> following a report indicating that the People's Bank of China plans to cut the bank reserve requirement ratio.
Trump Media &amp; Technology Group Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)
Trump Media &amp; Technology Group stock fell by 6.60% to close at $16.14. The company&#8217;s shares hit an intraday high of $17.09 and a low of $16.10. Former President Donald Trump launched a <a href="http://Intuitive Machines">new decentralized finance platform</a> centered around a crypto token.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock increased by 0.48% to close at $227.87. The electric vehicle maker&#8217;s shares reached an intraday high of $234.57 and a low of $226.55. Tesla switched to &#8216;Full Self-Driving Supervised&#8217; for new cars, sparking a <a href="https://www.benzinga.com/startups/24/09/40899899/tesla-switches-to-full-self-driving-supervised-for-new-cars-and-the-conspiracy-theories-are-already">flurry of conspiracy theories.</a>
Photo by WHYFRAME on Shutterstock
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

LUNR

NFLX

Intuitive Machines, Netflix, Li Auto, Trump Media & Technology, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has reported that <a href="https://www.benzinga.com/news/24/08/40305575/after-trump-campaign-blames-foreign-sources-hostile-to-the-us-for-cyberattack-ex-white-house-officia">Russian cyber-influence operations</a> are now targeting the Kamala Harris&#8211;Tim Walz campaign in the lead-up to the 2024 presidential election.
What Happened: In a blog post on Tuesday, Microsoft&#8217;s Threat Analysis Center, or MTAC stated that it has noticed a change in Russian tactics.
Two Russian actors that Microsoft tracks as Storm-1516 and Storm-1679, have been under MTAC&#8217;s close watch. 
Storm-1516, identified&nbsp;as a Kremlin-aligned troll farm,&nbsp;produced and disseminated two inauthentic&nbsp;videos, each generating millions of views. 
Storm-1679,&nbsp;reportedly aligned with the Kremlin,&nbsp;shifted its focus from&nbsp;the <a href="https://www.benzinga.com/general/sports/24/08/40265606/bill-gates-son-in-law-pulls-out-of-2024-olympics-puts-safety-of-horse-ahead-of-lifelong-dream-poss">2024 Paris Olympic Games</a>&nbsp;to publishing false videos discrediting&nbsp;the Democratic nominee Harris.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/40864530/mark-zuckerberg-says-he-is-done-apologizing-reveals-one-of-the-biggest-mistakes-of-his-career?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Zuckerberg Says He Is Done Apologizing, Reveals One Of The Biggest Mistakes Of His Career</a>
Microsoft also highlighted that&nbsp;Russia and Iran are not&nbsp;the only countries using influence operations to affect&nbsp;the election.
A Chinese-linked influence&nbsp;actor, which Microsoft calls Storm-1852, has&nbsp;successfully pivoted to short-form video&nbsp;content criticizing&nbsp;the Biden administration and Harris&nbsp;campaign.
&#8220;Collectively, these three nation states — Iran, China and Russia — demonstrate the complexities of foreign interference that the US faces, and the need for the public to remain vigilant against these evolving threats,&#8221; the tech giant stated.
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Why It Matters: The recent cyber attacks on the Harris-Walz campaign come in the wake of Russian President Vladimir Putin&#8217;s public <a href="https://www.benzinga.com/general/politics/24/09/40743037/putin-says-russia-backs-harris-and-her-infectious-laugh-for-2024-election-we-will-root-for-her">support for Vice President Harris</a> in the 2024 presidential election, although he probably meant that in a sarcastic manner.
U.S. intelligence officials have noted that <a href="https://www.benzinga.com/news/24/09/40760931/trump-vs-harris-who-do-russia-iran-and-china-favor-in-2024-election-intelligence-officials-weigh-in">Russia is attempting to influence</a> voters toward Donald Trump and away from Harris.
&#8220;Russia, Iran, and China are trying by some measure to exacerbate divisions in U.S. society for their own benefit, and see election periods as moments of vulnerability,&#8221; stated the Office of the Director of National Intelligence in September.
Russia has also been reportedly using American social media influencers to <a href="https://www.benzinga.com/news/24/09/40772942/trump-vs-harris-russia-reportedly-using-american-social-media-influencers-to-sway-2024-presidential">sway the 2024 U.S. presidential election</a>.
In August, <a href="https://www.benzinga.com/news/24/08/40303972/trump-campaign-falls-victim-to-cyber-attack-heightening-election-security-fears">Trump&#8217;s presidential campaign</a> confirmed a security breach in its internal communications, suspecting the attack was carried out by &#8220;foreign sources hostile to the U.S.&#8221;
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Harris-Walz Campaign Targeted By Russian Hackers, Microsoft Threat Analysis Center Notices Shift In Tactics By Attackers

The U.S. national security panel has postponed its decision on Nippon Steel Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NPSCY#OTC">NPSCY</a>) bid for United States Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) until after the presidential election.
What Happened: The Committee on Foreign Investment in the United States (CFIUS) will allow the companies to refile their application, delaying the decision. This move provides a glimmer of hope for the companies, whose deal faced potential blockage due to national security concerns, Reuters reported on Tuesday, citing people familiar with the matter.
CFIUS raised alarms on Aug. 31, citing risks to the steel supply chain critical to U.S. industries. The panel requires additional time to assess the national security implications and engage with the involved parties.
Refiling the application initiates a new 90-day review period. The deal&#8217;s anticipated collapse in late August led to significant support from business groups, including the U.S. Chamber of Commerce, who feared political interference.
Earlier this month, Vice President Kamala Harris expressed her desire for U.S. Steel to remain &#8220;American owned and operated&#8221; during a Pennsylvania rally. Meanwhile, former President Donald Trump has vowed to block the deal if he is re-elected.
CFIUS, Nippon Steel, and United States Steel did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40853339/donald-trumps-son-barron-is-his-chief-defi-visionary-but-the-real-mastermind-behind-world-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Donald Trump&#8217;s Son Barron Is His &#8216;Chief DeFi Visionary,&#8217; But The Real Mastermind Behind World Liberty Financial Is Someone Else</a>
Why It Matters: The decision to delay the ruling on Nippon Steel&#8217;s acquisition of U.S. Steel comes amid a backdrop of significant political and economic tension. 
The deal, valued at $14.1 billion, has faced opposition from both President Joe Biden&#8216;s administration and former President Trump, who have cited national security and supply chain concerns. U.S. Steel CEO David Burritt remains <a href="https://www.benzinga.com/m-a/24/09/40907796/us-steel-ceo-confident-nippon-deal-will-succeed-despite-biden-opposition-we-live-by-a-code">optimistic about the merger</a>, arguing that it would benefit shareholders and employees while enhancing the U.S.&#8217;s ability to compete with China.
However, the United Steelworkers union has labeled the deal as &#8220;doomed,&#8221; expressing strong opposition to foreign ownership of the Pittsburgh-based company. The union&#8217;s resistance adds another layer of <a href="https://www.benzinga.com/markets/equities/24/09/40846637/kamala-harris-opposed-14-1b-nippon-steel-acquisition-of-us-steel-labeled-by-united-steelworkers-">complexity to the already contentious acquisition</a>.
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

NPSCY

Amid Trump And Harris Opposition To Nippon Steel's $14B Bid For US Steel, National Security Panel To Reportedly Delay Decision Until After The Presidential Election

California governor Gavin Newsom (D-Calif.) signed three bills on Tuesday aimed at <a href="https://www.benzinga.com/markets/asia/24/03/37689000/rise-of-deepfake-videos-in-asia-raises-alarms-over-election-misinformation-report">curbing the use of artificial intelligence</a> in creating misleading images or videos in political advertisements.
What Happened: The new laws will immediately make it illegal to create and distribute deepfakes related to elections 120 days before Election Day and 60 days thereafter, <a href="https://apnews.com/article/california-artificial-intelligence-deepfakes-election-0e70cb32b06d9187eaef5bdacaba6d77">reported</a> the Associated Press.
Courts will have the power to halt the distribution of such materials and impose civil penalties.
&#8220;Safeguarding the integrity of elections is essential to democracy, and it's critical that we ensure AI is not deployed to undermine the public's trust through disinformation —  especially in today's fraught political climate,&#8221; Newsom stated.
See Also: <a href="https://www.benzinga.com/general/gaming/24/09/40871056/larry-ellisons-daughters-gaming-company-hit-by-wave-of-mass-resignation-staff-walkout-amid-spinoff?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Larry Ellison&#8217;s Daughter&#8217;s Gaming Company Hit By Wave Of Mass Resignation: Staff Walkout Amid Spinoff Failure</a>
Large social media platforms like Elon Musk&#8217;s X, Meta&#8217;s Facebook and Instagram, and ByteDance-owned TikTok will be required to remove deceptive material.
Political campaigns will also have to publicly disclose if they are running ads with materials altered by AI.
The governor signed the bills during a conversation with Salesforce CEO Marc Benioff at an event hosted by the major software company during its annual conference in San Francisco.
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Why It Matters: The new laws were enacted on the same day as members of Congress unveiled federal legislation aiming to stop election deepfakes. The bill would give the Federal Election Commission the power to regulate the use of AI in elections, the report noted.
The misuse of AI in creating deepfakes has been a growing concern. Previously, a study conducted by Google&#8217;s DeepMind revealed that deepfakes of politicians and celebrities were <a href="https://www.benzinga.com/news/24/06/39471997/google-deepmind-study-reveals-that-deepfakes-of-politicians-and-celebrities-more-common-than-ai-assi">more common than AI-assisted</a> cyber attacks.
Earlier this year, AI image creation tools from ChatGPT-parent OpenAI and Microsoft were <a href="https://www.benzinga.com/news/24/03/37516234/alarm-bells-ring-as-ai-generated-from-openai-microsoft-image-tools-fuel-election-misinformation-scan">reported to be fueling election</a> misinformation scandals.
In January 2024, deepfake attacks on public figures, including Taylor Swift and President Joe Biden, also <a href="https://www.benzinga.com/news/24/01/36813251/taylor-swift-joe-biden-and-more-embroiled-in-deepfake-attacks-threatening-us-election-integrity-we-a">alarmed the White House</a>.
The U.K. was also warned of AI <a href="https://www.benzinga.com/news/24/04/38136927/uk-warned-of-ai-misinformation-targeting-2024-polls-nation-state-hackers-raise-stakes">misinformation targeting its 2024 polls</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Social Media

Gavin Newsom Signs Laws Aimed At Curbing Deepfakes Around Elections: 'Critical That We ensure AI Is Not Deployed To Undermine The Public's Trust'

Ahead of the Federal Reserve&#8217;s upcoming rate announcement, prominent crypto trader Michaël van de Poppe has forecasted a significant <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40905692/bitcoin-ethereum-dogecoin-pump-5-heres-what-wednesdays-fed-rate-cut-decision-could-mean-fo">bull run in the cryptocurrency market</a>.
What Happened: Van de Poppe stated on X, &#8220;Tomorrow is the big FED day and I think that we&#8217;re facing the biggest bull run ever.&#8221;
Van de Poppe also shared a YouTube video discussing whether altcoins have bottomed out. He noted that while Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) remains below $60,000, altcoins have shown strong performance against Bitcoin. This raises questions about whether the altcoin market has truly bottomed.
In his video, Van de Poppe highlighted that market sentiment is improving despite recent fears. He mentioned that the crypto fear and greed index hit a low of 22 last week but has since recovered to between 30 and 40.
Van de Poppe also pointed out that recent economic data, including labor market updates and CPI figures, suggest a potential rate cut by the Fed. This could further boost Bitcoin&#8217;s price.
He emphasized the importance of upcoming events like Token 2049 and the Fed&#8217;s rate announcement on Wednesday. Van de Poppe believes these events could significantly impact the crypto market&#8217;s direction.
Van de Poppe concluded by analyzing various altcoin/Bitcoin pairs, noting that some altcoins are showing signs of a bottom and potential for a rally. He recommended focusing on innovative and trending altcoins tied to the Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) ecosystem.
<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">Tomorrow is the big FED day and I think that we&#39;re facing the biggest bull run ever. <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> have bottomed. Watch the video here:<a href="https://t.co/VoySw4GFTQ">https://t.co/VoySw4GFTQ</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1836102828533911706?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40828224/jpmorgan-ceo-jamie-dimon-said-hed-fire-in-a-second-anyone-caught-trading-bitcoin-when-it-w?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">JPMorgan CEO Jamie Dimon Said He&#8217;d &#8216;Fire In A Second&#8217; Anyone Caught Trading Bitcoin When It Was At $4,000. 7 Years Later, The Investment Bank Holds Positions In Spot ETFs Tracking The Apex Crypto</a>
Why It Matters: The anticipation surrounding the Federal Reserve&#8217;s rate decision has already caused significant movements in the cryptocurrency market. 
Jim Bianco of Bianco Research emphasized the importance of understanding the &#8220;neutral&#8221; funds rate in an interview with Natalie Brunell. He noted that if the <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40905692/bitcoin-ethereum-dogecoin-pump-5-heres-what-wednesdays-fed-rate-cut-decision-could-mean-fo">Fed cuts rates too aggressively</a>, it could stimulate another round of inflation in 2025. Polymarket data shows a 53% probability of a 50 basis points decrease and a 44% chance of a 25 basis points cut.
Additionally, former President Donald Trump has entered the crypto space with the launch of World Liberty Financial, a new <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40905315/donald-trumps-new-crypto-project-world-liberty-financial-everything-you-need-to-know">decentralized finance platform</a>. 
Price Action: At the time of writing this article, Bitcoin is priced at $60,123.70, down 0.15% in the last 24 hours, but up 35.89% year-to-date. Meanwhile, Ether is trading at $2,357.76, down 0.84% in the previous 24 hours, but showing a modest year-to-date gain of 0.19%, according to <a href="https://pro.benzinga.com/dashboard?quote=AAPL">data from Benzinga Pro</a>.
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Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

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

Cryptocurrency

$BTC

$ETH

Bitcoin And Cryptocurrency Market Set For 'Biggest Bull Run Ever,' Says Trader, As Federal Reserve Interest Rate Decision Takes Center Stage

In her latest book, &#8220;Something Lost, Something Gained&#8221;, former Secretary of State Hillary Clinton shared her initial interaction with Melania Trump at a memorial service for Rosalynn Carter last year. Clinton&#8217;s portrayal of Mrs. Trump&#8217;s demeanor was akin to &#8220;a little kid.&#8221;
What Happened: Clinton&#8217;s book narrates the moment when Melania Trump, standing alone, joined the group of former first ladies. Clinton observed Mrs. Trump&#8217;s apprehension but reassured her that the group was welcoming. &#8220;We all went up to her,&#8221; Clinton penned, as <a href="https://thehill.com/blogs/in-the-know/4883632-melania-trump-hilary-clinton/">reported</a> by The Hill.
&#8220;Melania had a look on her face – very smiley but uncertain – that reminded me of the little kid at the birthday party who doesn't know anyone and is waiting at the edge of the circle, hoping people are going to be nice,&#8221; said Clinton.
Clinton revealed that Jill Biden air-kissed Melania&#8217;s cheek, while Michelle Obama gave her a big hug.
In her book, Clinton also expressed her bewilderment towards Melania Trump, questioning her complicity in her husband&#8217;s controversial actions. She pointed out a contentious jacket Melania Trump wore during a visit to a migrant child detention center in Texas in 2018.
Clinton asked, &#8220;Was she quietly complicit in his bigotry and hate-mongering?&#8221; She wrote, &#8220;As for Melania Trump, I'll stick to my own edict of not passing judgement on another woman's appearance. We get too much of that already.&#8221;
The former Secretary of State said she had attended Donald Trump&#8217;s 2005 wedding with Melania at Mar-a-Lago. &#8220;I was going to be in Florida anyway and thought it would be entertaining to see what a Donald Trump wedding was like. It was the first time I met Melania, and I just remember that she was young, very beautiful, and very tall.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/09/40869772/scaramucci-says-trump-loomer-union-marks-dangerous-shift-towards-extreme-nativism?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Scaramucci Says Trump-Loomer Union Marks Dangerous Shift Towards Extreme Nativism</a>
Why It Matters: Clinton&#8217;s book release comes amid a series of events involving the Trumps. Earlier, Melania Trump had announced her memoir, "Melania", <a href="https://www.benzinga.com/markets/equities/24/07/39999476/melania-trumps-new-memoir-promises-unseen-photos-and-revelations-before-election">promising unseen photos and revelations</a>.
On Sunday, an <a href="https://www.benzinga.com/24/09/40869836/donald-trump-safe-and-unharmed-after-shooting-incident-at-florida-golf-club">assassination attempt</a> took place on Donald Trump at his Florida golf club. Some days prior to the latest attempt on the ex-president&#8217;s life, Melania had <a href="https://www.benzinga.com/news/24/09/40807096/melania-trump-says-the-attempt-to-end-her-husbands-life-was-a-horrible-distressing-experience-we-nee">questioned the circumstances</a> of the July attack on her husband.
Melania Trump said, &#8220;There is definitely more to this story, and we need to uncover the truth.&#8221;
Clinton was Trump&#8217;s rival in the 2016 presidential election. She has lately been <a href="https://www.benzinga.com/news/24/04/38328076/hillary-clinton-says-trump-is-on-your-side-if-you-are-a-billionaire-otherwise-good-luck">criticizing Trump&#8217;s tax policies</a> favoring the wealthy. 
Trump is currently running against Vice President Kamala Harris as the Republican nominee. Harris <a href="https://www.benzinga.com/general/politics/24/09/40910999/trump-in-trouble-vice-president-harris-has-record-6-point-lead-in-2024-election-poll-after-debat">leads in post-debate polls against Trump</a>, with 51% to his 45%. She maintains strong support among Democrats, a six-point lead with independents, and a growing 15-point advantage among voters aged 18-34, according to a latest poll.
Clinton&#8217;s book, &#8220;Something Lost, Something Gained: Reflections on Life, Love, and Liberty&#8221;, was released on Tuesday.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Hillary Clinton Compares Melania Trump To 'The Little Kid At A Birthday Party Who Doesn't Know Anyone' In Her Latest Book

Amazon.com, Inc. founder and the world's second richest person with a net worth of $209 billion currently, Jeff Bezos built the e-commerce giant using customer satisfaction as a key strategy.
What Happened: The &#8220;Bezos Effect&#8221; on customer experience is undeniable. Few have championed customer-centricity and prioritizing the experience more than Amazon&#8217;s founder.
Bezos was known for keeping an empty chair in meetings to symbolize &#8220;The Customer&#8221; as the most important person in the room.
He once famously said, "If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the internet, they can each tell 6,000 friends."
It's hard to deny that this customer-first obsession has greatly benefited the company.
At the time of writing, Amazon had a market capitalization of $1,961 trillion, making it the fifth most valuable company in the world after Apple, Microsoft, Nvidia, and Alphabet.
See Also: <a href="https://www.benzinga.com/news/24/08/40216592/jeff-bezos-once-said-lifes-too-short-to-hang-out-with-people-who-arent-resourceful-who-are-the-peopl">Jeff Bezos Once Said &#8216;Life&#8217;s Too Short To Hang Out With People Who Aren&#8217;t Resourceful&#8217; — Who Are The People That Helped The Amazon Founder Take Steps Toward Success</a>
Why It&#8217;s Important: According to the American Customer Satisfaction Index or ACSI, Amazon.com&#8217;s e-commerce website scored 83 out of 100 points in 2023.
These points have fluctuated over the years since 2000, with 88 being the highest in the years 2002, 2003, 2007 and 2013 and 78 being the lowest in 2021.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17202817/Screenshot-2024-09-18-at-5.58.07%E2%80%AFAM-1024x711.png" alt="" class="wp-image-552815" /><figcaption class="wp-element-caption">Credit: Statista</figcaption></figure>
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However, Amazon&#8217;s dominance in the e-commerce space is still evident. As of December 2023, the e-commerce giant is ranked as the most visited e-commerce and shopping website globally.
This puts it far ahead of competitors like eBay (3%) and Amazon&#8217;s Japanese site, amazon.co.jp (2.66%).
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/17202914/Screenshot-2024-09-18-at-5.59.09%E2%80%AFAM-1024x711.png" alt="" class="wp-image-552816" /><figcaption class="wp-element-caption">Credit: Statista</figcaption></figure>
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Jeff Bezos Had A Habit Of Keeping An Empty Chair For The Most Important Person In The Room At Company Meetings: This Strategy Helped The Amazon Founder Build The E-Commerce Giant We Know Today

Elon Musk discussed a groundbreaking development: a device that can restore sight, even to those who have been blind from birth.
What Happened: On Tuesday, Musk took to X to highlight the Blindsight device. The billionaire entrepreneur shared a post from his brain chip company, Neuralink, announcing that the Food and Drug Administration had granted &#8220;Breakthrough Device Designation&#8221; for Blindsight.
The Breakthrough Devices Program is a voluntary initiative by the FDA to accelerate the development, assessment, and review of medical devices that treat or diagnose life-threatening or debilitating conditions. It offers manufacturers faster feedback and prioritized review, ensuring timely access to innovative, safe, and effective devices, according to the agency&#8217;s website.
The device will enable individuals who have lost both eyes and their optic nerve to see, provided their visual cortex is intact. This includes those who have been blind since birth, said Musk.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The Blindsight device from Neuralink will enable even those who have lost both eyes and their optic nerve to see. Provided the visual cortex is intact, it will even enable those who have been blind from birth to see for the first time. To set expectations correctly, the vision… <a href="https://t.co/MYLHNcPrw6">https://t.co/MYLHNcPrw6</a> <a href="https://t.co/RAenDpd3fx">pic.twitter.com/RAenDpd3fx</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1836120537883644049?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/09/40848374/google-co-founder-sergey-brin-admits-company-was-too-timid-to-rollout-chatgpt-like-llms-despite-basi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Google Co-Founder Sergey Brin Admits Company Was &#8216;Too Timid&#8217; To Rollout ChatGPT-Like LLMs Despite Basically Inventing Them</a>
Musk cautioned that initially, the vision provided by the device will be low resolution, akin to Atari graphics.
He said, &#8220;Eventually it has the potential be better than natural vision and enable you to see in infrared, ultraviolet or even radar wavelengths, like Geordi La Forge.&#8221;
Musk has <a href="https://www.benzinga.com/partner/biotech/24/09/40877518/potential-catalyst-right-around-the-corner-cms-to-announce-preliminary-medicare-payment-for-cardi">invoked the Star Trek character</a> Geordi La Forge portrayed by LeVar Burton previously as well. His character is equipped with a VISOR, which he found extremely unpleasant to wear initially and allows him to see things like people&#8217;s heart rates and temperatures and even detect lying humans.
Why It Matters: This announcement comes on the heels of Neuralink&#8217;s recent successes, including the successful use of its brain chip by a second trial patient, known as &#8220;Alex,&#8221; who is now <a href="https://www.benzinga.com/news/24/08/40499431/elon-musk-sees-millions-of-people-having-his-brain-chip-implanted-in-next-decade-after-second-patien">able to use design software</a> and play video games with the device. 
Neuralink, founded by Musk, implanted its brain-computer device into a <a href="https://www.benzinga.com/general/biotech/24/08/40199755/neuralink-implants-brain-device-in-second-human-elon-musk-plans-8-more-trials-this-year">second human patient</a> with a spinal cord injury as of August, aiming to help them control devices with their mind. Despite past controversies over animal trials, the company plans to expand to eight more patients this year.
Image via Shutterstock
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Elon Musk Says Neuralink's 'Blindsight' Device Will Allow The Blind To Eventually Have Better Than Natural Vision — Just Like Geordi La Forge Of Star Trek

Vice President Kamala Harris posts a record lead over Donald Trump in a poll of likely voters with less than two months to go until the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a>
What Happened: Harris continues to see leads in<a href="https://www.benzinga.com/topic/election-poll"> head-to-head polls</a> against the former president and posts her largest lead in a national poll, which comes after the Sept. 10 presidential debate.
Polls pointed to Harris being<a href="https://www.benzinga.com/general/politics/24/09/40824831/harris-vs-trump-swing-state-voters-pick-presidential-debate-winner-share-thoughts-on-immigration"> crowned the winner</a> of the first presidential debate between the vice president and former president. Trump has <a href="https://www.benzinga.com/general/politics/24/09/40843816/trump-declines-harris-debate-challenge-there-will-be-no-third-debate">declined doing more debates </a>ahead of the election and said he won the first meeting between the two candidates.
A new Morning Consult poll of likely voters show Harris' lead growing after the presidential debate.
The new <a href="https://pro.morningconsult.com/trackers/2024-presidential-election-polling">poll </a>shows the following results from voters, with the results from the<a href="https://www.benzinga.com/general/politics/24/09/40805945/harris-vs-trump-vice-president-holds-3-point-lead-ahead-of-presidential-debate-but-swing-states-"> Sept. 10 poll</a> in parentheses:
<ul>
<li>Kamala Harris: 51% (49%)</li>
<li>Donald Trump: 45% (46%)</li>
<li>Someone Else: 2% (2%)</li>
<li>Don't Know: 2% (2%)</li>
</ul>
The poll found that 94% of Democrats backed Harris as their top pick, in line with last week's poll. The poll also found that 91% of Republicans backed Trump as their top pick, which was in line with last week's poll.
Independent voters selected the following as their head-to-head preference, with the results from the Sept. 10 poll in parentheses:
<ul>
<li>Kamala Harris: 47% (46%)</li>
<li>Donald Trump: 41% (40%)</li>
<li>Someone Else: 6% (6%)</li>
<li>Don't Know: 6% (7%)</li>
</ul>
Harris maintained a six-point lead in the race for Independent voters, with both candidates gaining one percentage point from the previous poll.
The vice president also has the edge in the 18-34 aged voters demographic, leading 56% to 41%. The 15-point lead is significantly higher than Harris' 10-point lead last week (53% to 43%) and her five-point lead (50% to 45%) two weeks ago.
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Why It's Important: The most recent Morning Consult polls have shifted to include only the results of likely voters and not all registered voters. This could provide one of the better illustrations of what could happen in November.
If the results are indicative of what could happen, it could be bad news for Trump.
Harris now has her largest lead over the former president since she became the Democratic Party nominee. Harris also has her best figures to date among Democrats, voters who picked Joe Biden in the 2020 election, liberals, women, 18-34 aged voters and millennials. Her dominance across multiple key voter demographics could point to growing optimism that she can defeat Trump in the 2024 election.
Harris' 51% support is a record high for a Democratic candidate in the 2024 election since Morning Consult began tracking the race.
The latest poll shows Harris with a favorable rating of 53%, up from 50% in last week's poll. This marks the largest rating for Harris in the 2024 election cycle. For comparison, Trump has a 44% favorable rating. While Trump's unfavorable rating has often been higher than his favorable rating, his figures have been improving in recent weeks.
With less than two months to go in the 2024 election, the race remains close and the six-point and growing lead could be a sign of a potential shift in how close the race is. But it's important to remember that polls are not entirely perfect.
Biden had an eight-point lead over Trump two months before the 2020 election and ended up winning the popular vote by four points.
While Harris leads in several key demographics such as independents and young voters, the 2024 election will likely come down to swing states.
Morning Consult recently released the results of likely voters<a href="https://www.benzinga.com/topic/swing-states" target="_blank" rel="noreferrer noopener">&nbsp;in swing states&nbsp;</a>and several other states expected to be close. Here are the current&nbsp;<a href="https://pro.morningconsult.com/trackers/2024-election-state-polls?utm_source=briefing&amp;utm_medium=email&amp;utm_campaign=washington_am&amp;utm_content=091024" target="_blank" rel="noreferrer noopener">results</a>:
<ul>
<li>Arizona:&nbsp;47% Harris, 49% Trump</li>
<li>Georgia:&nbsp;48% Harris, 48% Trump</li>
<li>Michigan: 49% Harris, 46% Trump</li>
<li>Nevada:&nbsp;48% Harris, 48% Trump</li>
<li>North Carolina:&nbsp;48% Harris, 48% Trump</li>
<li>Pennsylvania: 49% Harris, 46% Trump</li>
<li>Wisconsin: 49% Harris, 46% Trump</li>
</ul>
In the key seven swing states, Harris leads in three states, Trump leads in one state and the two candidates are tied in three states.
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Photo: Below the Sky via Shutterstock

Trump In Trouble: Vice President Harris Has Record 6-Point Lead In 2024 Election Poll After Debate, Posts Highest Rankings In Key Demographics

Steve Cohen, a billionaire hedge fund founder, has <a href="https://www.benzinga.com/markets/cannabis/23/10/35042757/steve-cohen-keeps-betting-on-biopharma-with-purchase-of-119m-bionomics-shares">hung up his spurs </a>as a trader after four decades.
Cohen, 68, will still remain its co-chief investment officer at Point 72 Asset Management with Harry Schwefel, but he has backed away from investing clients&#8217; capital to focus on firm growth, mentoring and talent development, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-09-17/steve-cohen-stops-trading-for-point72-marking-the-end-of-an-era?srnd=homepage-americas&amp;sref=TBDibEcD">reported</a>.
Cohen founded Stamford, Connecticut-based Point72 in 2014 after his prior company, S.A.C. Capital Advisors, pled guilty to insider trading.
"There's huge value in having Steve as an impactful mentor for our investment professionals," Point72 spokesperson&nbsp;Tiffany Galvin-Cohen&nbsp;said in an emailed statement. "He's been doing this for 40 years, and he's seen a lot. That's what gives him the most satisfaction these days — helping people succeed and seeing it make a difference — and where he feels he can add the most value."
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His firm has raised almost $12.8 billion since 2020 and managed a record $35.2 billion as of July 1. Point72 gained about 10% this year through August and is considering returning profits to clients in 2025.
S.A.C. Capital Advisors paid a record $1.8 billion fine to settle a seven-year federal insider-trading probe after pleading guilty in 2013 to making hundreds of millions of dollars in illegal profits and allowing insider trading.
After the firm's guilty plea, Cohen changed its name to Point72, returned client capital and traded using his own fortune. By early 2018, he was back to managing money for outside investors.
Cohen, who also owns the New York Mets, has a net worth of $14.7 billion, putting him among the 100 richest people in the world, according to the&nbsp;Bloomberg Billionaires Index.
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Martin Condon, a prominent cannabis campaigner from Cork, Ireland, has been convicted of multiple counts of <a href="https://www.benzinga.com/markets/cannabis/24/09/40899811/aurora-auto-flowering-research-set-to-transform-cannabis-cultivation-in-high-latitude-regions">cultivating cannabis. </a>
<a href="https://www.irishexaminer.com/news/courtandcrime/arid-41477905.html">According</a> to the Irish Examiner, Condon faced the Cork District Court after openly planting cannabis plants across various locations in Cork City, including outside City Hall and Mayfield Garda Station.
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<h3 class="wp-block-heading">Public Activism Meets Legal Consequences</h3>
Condon, who frequently documented his activism on social media under the banner "Martin's World," used these videos as a form of protest against the restrictive cannabis laws in Ireland. 
His court case included several of these videos, which showed him planting cannabis in broad daylight while explaining his motivations. While watching one of the videos, Judge John King remarked, "It is laughable really that this is a crime."
Throughout his trial, Condon, dressed in a vibrant tracksuit adorned with cannabis leaves, defended his actions as a form of civil disobedience. 
In court, he explained: &#8220;Basically, all of the evidence is of me holding a civil disobedience protest. I felt frustrated, I suppose, with the dead ends met when trying to <a href="https://www.benzinga.com/markets/cannabis/23/11/35616272/medical-marijuana-clinic-in-ireland-now-open-for-patients-eligible-for-treatment">obtain cannabis as a patient.</a>&#8221; He suffers from worsening epilepsy and argued that his actions were intended to initiate a national conversation about cannabis access for patients.
<h3 class="wp-block-heading">Defense And Prosecution</h3>
Condon's defense team, led by solicitor Aoife Buttimer, framed his actions as a deliberate attempt to challenge what they consider unjust laws. 
"There was nothing sophisticated about the offending. He didn't try to conceal it. He refers to it as civil disobedience protest," Buttimer argued. 
Despite this defense, the court proceedings were rigorous. Inspector Clodagh O'Sullivan presented evidence of the video recordings, while Condon's defense highlighted that the plants he used were non-intoxicating hemp varieties.
"The cannabis plants I planted were all of the genus cannabis, but they were all hemp that would have got nobody high. They would have intoxicated no person," Condon said. &#8220;The risk to the public from these plants was next to non-existent. I was the only person at risk by my actions." 
Moreover, he invoked Martin Luther King's principle: "I have a moral duty to disobey unjust laws," and expressed his intention to spark a national conversation and "have his day in court." 
<h3 class="wp-block-heading">Verdict And Sentencing</h3>
Judge King ultimately convicted Condon on five of the six counts of cannabis cultivation. One count was dismissed due to the plant in question not being planted. 
The sentencing has been adjourned until November 25, with a probation report to be prepared on Condon. Judge King queried whether Condon's activism had ceased, to which Condon responded that his worsening epilepsy had impeded his ability to continue his protest activities, which took place between April and September 2021.
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