Latest news for Metro Mining (OTC:MMILF) Stock

Metro Mining Ltd operates an Australian exploration and mining company based in Brisbane, Queensland. Its flagship project is the Bauxite Hills Mine. The principal activities of the Group are the exploration, mining, and sale of bauxite, and the brownfield expansion of the Bauxite Hills Mine. The Group's customers are located in one geographic area, China, with all of the revenue from the sales of bauxite derived from that area.

Metro Mining Ltd

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) on Tuesday unveiled the <a href="https://www.benzinga.com/news/24/08/40567373/apple-prepping-ipad-mini-refresh-top-analyst-says-stock-shortages-hint-at-ai-powered-update-after-tw">upgraded version</a> of its iPad Mini, marking the first significant upgrade to the compact tablet since 2021.
What Happened: The revamped iPad Mini is now open for pre-orders and is set to be available in the market from next Wednesday, Oct. 23.
The device has a starting price of $499 for the Wi-Fi model and $649 for the Wi-Fi + Cellular model. It is equipped with a new A17 Pro chip, offering a 30% faster CPU and a 25% faster GPU. The Neural Engine of the device is also twice as fast as its predecessor.
The updated Mini is compatible with the new Apple Pencil Pro and provides a base storage of 128GB, a substantial upgrade from the previous 64GB.
See Also: <a href="https://www.benzinga.com/news/24/10/41266487/cant-believe-it-popular-youtuber-shares-how-apple-watch-series-10-detected-atrial-fibrillation-and-s?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Can&#8217;t Believe It:&#8217; Popular YouTuber Shares How Apple Watch Series 10 Detected Atrial Fibrillation And Saved His Grandmother</a>
The device also includes a faster Wi-Fi 6E chip and a quicker USB-C port. The only design modification is the addition of new purple and blue models.
Apple&#8217;s focus on AI and Apple Intelligence is reflected in this upgrade, with the company stating that the new device can execute hardware-accelerated ray tracing, potentially improving the appearance of high-end games.
Apple's first batch of Apple Intelligence features is set to roll out in U.S. English later this month via a free software update with iPadOS 18.1. These features will be available on iPads equipped with the A17 Pro or M1 chips and newer models.
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.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="613" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16000639/Apple-iPad-mini-Apple-Pencil-Pro-241015_big.jpg.large_2x-1024x613.jpg" alt="" class="wp-image-597320" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16000639/Apple-iPad-mini-Apple-Pencil-Pro-241015_big.jpg.large_2x-1024x613.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16000639/Apple-iPad-mini-Apple-Pencil-Pro-241015_big.jpg.large_2x-300x180.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16000639/Apple-iPad-mini-Apple-Pencil-Pro-241015_big.jpg.large_2x-768x460.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16000639/Apple-iPad-mini-Apple-Pencil-Pro-241015_big.jpg.large_2x-1536x920.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16000639/Apple-iPad-mini-Apple-Pencil-Pro-241015_big.jpg.large_2x.jpg 1803w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Source: Apple</figcaption></figure>
Why It Matters: Earlier this year, Apple refreshed the rest of its iPad lineup, including the Air and Pro models, and lowered the price of the base model to $349.
This launch also comes after speculations about the imminent <a href="https://www.benzinga.com/24/10/41322912/apple-to-launch-new-macbooks-pro-ipad-minis-and-imacs-analyst-says-inventory-dwindling-for-these-giz">launch of new models</a> due to inventory shortages of several Apple products.
Previously, it was reported that Apple could unveil its first M4-powered Macs on Nov. 1. The anticipated lineup includes a 14-inch MacBook Pro with the standard M4 chip, as well as higher-end 14-inch and 16-inch MacBook Pros featuring the M4 Pro and M4 Max chips.
Cupertino might also release a refreshed iMac with the M4 chip and an updated Mac mini with M4 and M4 Pro options.
Looking ahead to early next year, Apple could introduce 13-inch and 15-inch MacBook Air models with M4, a new iPhone SE, 11-inch and 13-inch iPad Airs, new Magic Keyboards for the iPad Air, and a refreshed AirTag.
Mac Studio and Mac Pro models with M4 chips are also in the works, with the Mac Studio likely arriving in mid-2025, followed by the Mac Pro later that year.
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/markets/equities/24/10/41328252/apples-iphone-16-powers-record-sales-in-q3-just-behind-samsung-in-global-market-share-battle?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple&#8217;s iPhone 16 Powers Record Sales In Q3, Just Behind Samsung In Global Market Share Battle</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

News

Tech

AAPL

Apple Mini Gets An AI Upgrade 3 Years After Last Facelift — Price Starts At $499

Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>) topped the biggest gainers list Tuesday after digital asset trading and management firm Canary Capital filed for an exchange-traded fund (ETF) tracking the proof-of-work (PoW) cryptocurrency's price.&nbsp;
What happened: The coin, created from the hard fork of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) in 2011, was up over 7% as of this writing, outperforming all the cryptocurrencies in the market, including Bitcoin itself.
LTC experienced a whopping 149% increase in trading volume over the last 24 hours, as buying pressure catapulted the coin to its highest value in two and a half months.
The rally was spurred by an S-1 <a href="https://www.sec.gov/Archives/edgar/data/2039461/000199937124013330/litecoin-s1_101524.htm">filing </a>submitted by Canary Capital on Tuesday—a prerequisite for issuers to file to offer new securities.
The proposed Canary Litecoin ETF aims to provide exposure to the price movement of LTC held by the trust.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41322645/mark-cuban-defends-kamala-harris-crypto-knowledge-appears-to-take-dig-at-trump-for-selling">Mark Cuban Defends Kamala Harris&#8217; Crypto Knowledge, Appears To Take Dig At Trump For Selling Tokens And Merchandise: &#8216;Unlike Your Guy, She Doesn&#8217;t Pretend&#8217;</a>
The application for a Litecoin ETF comes a week after Canary Capital filed for a <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41243775/xrp-etf-buzz-increases-as-canary-capital-pursues-sec-for-greenlight-on-its-fund-will-the-g">similar investment vehicle that tracks the price</a> of payment-focused cryptocurrency XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>).
While Litecoin was originally <a href="https://litecoin.org/">intended </a>to be a payment method, it has since evolved into a tool for speculation and investment, trading regularly in the market.
Interestingly, the Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) network's underlying technology is derived from Litecoin.
Billy Markus, the co-creator of Dogecoin, said in a 2021 interview with Benzinga that the auxiliary proof-of-work or AuxPOW, announced in 2014 after it was suggested by Litecoin&nbsp;creator Charlie Lee, allowed Dogecoin to be&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/21/04/20804274/dogecoin-co-creator-says-meme-crypto-has-been-one-of-the-most-secure-coins-for-years" target="_blank" rel="noreferrer noopener">merge-mined with any Scrypt coin.&nbsp;</a>
Like Bitcoin, Litecoin <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38690567/this-bitcoin-offshoot-tops-digital-payments-escapes-sec-scrutiny-but-remains-undervalued-t">has evaded scrutiny from U.S. regulators</a> on the contentious security vs. commodity debate, a factor possibly motivating issuers to file for ETF applications.
Why It Matters: The much-touted decentralized finance (DeFi) project was launched by Trump last month, with<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41303639/donald-trump-says-his-crypto-project-world-liberty-financial-will-start-selling-tokens-on-"> the sale of the project's governance token</a> WLFI set for Tuesday.&nbsp;
Price Action: At the time of writing, Litecoin was exchanging hands at $71.72, up 7.31% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.  
Photo by DIAMOND VISUALS on Shutterstock
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41323012/trump-backed-world-liberty-financial-says-dollar-pegged-stablecoin-and-not-bitcoin-is-the-">Trump-Backed World Liberty Financial Says Dollar-Pegged Stablecoin And Not Bitcoin Is The Best Way To &#8216;Make America Great&#8217;</a></li>
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Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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$LTC

$XRP

Coin That Underpins Dogecoin Becomes Market's Biggest Gainer— Litecoin Pops 7% After Filing Of Spot ETF Application

The international arm of Alibaba Group Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) has unveiled an upgraded version of its&nbsp;artificial intelligence-driven translation tool, which it claims surpasses the offerings of Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) subsidiary Google, DeepL, and ChatGPT.
What Happened: Alibaba&#8217;s international division has introduced an improved iteration of its AI translation tool, Marco MT, which it asserts is superior to the translation tools provided by Google, DeepL, and ChatGPT, <a href="https://www.cnbc.com/2024/10/16/chinas-alibaba-claims-ai-translation-tool-beats-google-chatgpt.html">reported</a> CNBC. 
"The idea is that we want this AI tool to help the bottom line of the merchants, because if the merchants are doing well, the platform will be doing well," Kaifu Zhang, vice president of Alibaba International Digital Commerce Group and head of the business' artificial intelligence initiative told CNBC on Tuesday. 
The tool supports 15 languages and is intended to enhance the performance of merchants using Alibaba&#8217;s platform.
Alibaba&#8217;s AI translation tool, based on its proprietary model Qwen, is designed to help merchants create product pages in the language of their target market. The new version, powered by large language models, can interpret contextual clues such as cultural and industry-specific terms.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41308908/man-who-accidentally-threw-hard-drive-containing-8-000-bitcoins-worth-half-a-billion-dolla?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site</a>
Why It Matters: Alibaba&#8217;s international business has been a significant growth driver for the company, especially with the slowing growth of its China-focused Taobao and Tmall businesses. The international unit, which includes platforms like AliExpress and Lazada, reported a 32% year-on-year sales growth to <a href="https://www.benzinga.com/news/24/09/40744024/alibaba-boosts-us-expansion-with-new-ai-sourcing-tool-despite-festering-tensions-between-beijing-and">$4.03 billion in the quarter ended June</a>.
Alibaba&#8217;s focus on AI and technological advancements has been evident in its recent moves. In September, the company <a href="https://www.benzinga.com/news/24/09/40744024/alibaba-boosts-us-expansion-with-new-ai-sourcing-tool-despite-festering-tensions-between-beijing-and">launched a new AI-powered sourcing tool</a> to simplify the sourcing process for American buyers, despite ongoing tensions between Beijing and Washington. Additionally, Alibaba&#8217;s <a href="https://www.benzinga.com/markets/equities/24/09/40847464/alibaba-dropped-the-ai-powered-english-version-of-taobao-in-this-country-app-quickly-soars-to-th">AI-driven English version of its Taobao app in Singapore</a> quickly soared to the top of the charts, demonstrating the potential of AI in expanding the company&#8217;s global reach.
Alibaba&#8217;s focus on AI has also extended to open-source AI models, with the company <a href="https://www.benzinga.com/startups/24/09/41052368/chinas-alibaba-just-launched-a-wave-of-100-open-source-ai-models-including-a-text-to-video-tool-that">releasing over 100 open-source AI models</a> under the name Qwen 2.5, covering a range of industries from automobiles to gaming and scientific research. 
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41303762/trumps-election-odds-on-polymarket-gary-genslers-doubts-about-cryptocurrencys-future-shiba?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Election Odds On Polymarket, Gary Gensler&#8217;s Doubts About Cryptocurrency&#8217;s Future, Shiba Inu Lead Developer&#8217;s Cryptic Post Sparks Intrigue And More: This Week In Crypto</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>

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BABA

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GOOGL

Alibaba Launches Upgraded AI Tool, Says Its Better Than What Google And ChatGPT Have To Offer

Asset management firm Ark Invest expressed belief in the transformative potential of the Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) network for the financial services industry.
What Happened: On Tuesday, Cathie Wood, the influential founder of the company, shared on X a research paper that explained why Ark Invest believes Ethereum and its staking yield would play a critical role in decentralized finance (DeFi).
The paper highlighted Ethereum&#8217;s position as an &#8220;institutional-grade asset&#8221; with yield-bearing potential. 
&#8220;Our research suggests that, as an asset, ETH is beginning to develop attributes in the digital asset space similar to those of U.S. Treasury bills,&#8221; the paper read.
Ark Invest added that ETH and its staking yield were becoming benchmarks, or reference indicators, within the digital asset industry, used to evaluate other Layer 1s, risk profiles, and returns.
Furthermore, the paper noted that the network was setting &#8220;meaningful value&#8221; by virtue of its large market capitalization and millions of monthly active users.
<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">This thoughtful paper by <a href="https://twitter.com/LorenzoARK?ref_src=twsrc%5Etfw">@LorenzoARK</a> explains why <a href="https://twitter.com/ARKInvest?ref_src=twsrc%5Etfw">@ARKInvest</a> believes that the Ethereum network is a big idea that will transform the financial services industry. <a href="https://t.co/LX5REhA1kh">https://t.co/LX5REhA1kh</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1846319737766379551?ref_src=twsrc%5Etfw">October 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As of this writing, around 34.223 million ETH was staked in the network, representing more than 28% of the asset&#8217;s circulating supply, <a href="https://www.stakingrewards.com/asset/ethereum-2-0/analytics">according </a>to Staking Rewards. The annualized average yield rate across the network was 3.46%. 
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41348730/elon-musks-tesla-waving-goodbye-to-bitcoin-760m-sent-to-unknown-wallets">Elon Musk&#8217;s Tesla Waving Goodbye To Bitcoin? $760M Sent To Unknown Wallets</a>
Why It Matters: The latest endorsement reflected Wood&#8217;s earlier bullish prediction on Ethereum. Earlier this year, at the Big Ideas investor conference, Wood <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39430693/could-holding-6-eth-still-make-you-a-millionaire-cathie-woods-ether-etf-pullback-and-her-2">projected that Ethereum&#8217;s market capitalization could reach $20 trillion</a> by 2032, translating to a per-token price of over $166,000.
Interestingly, Ark Investment <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39126892/cathie-woods-ark-investment-drops-plans-for-spot-ether-etf-says-it-will-focus-on-spot-bitc">withdrew from launching an exchange-traded fund (ETF) directly investing in Ether</a>, choosing to focus on a spot Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) ETF i.e, ARK 21Shares Bitcoin ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKB#BATS">ARKB</a>).
Despite this, Wood&#8217;s recent tweet suggests that Ark Invest continues to explore ways to expose investors to Ethereum technology, recognizing its potential to reshape the financial services industry.
Price Action: At the time of writing, Ether was broadly unchanged at $2,614.69, up just 0.19% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.  
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41341588/donald-trumps-world-liberty-financial-token-sales-hit-220m-in-first-hour-website-faces-mul">Donald Trump&#8217;s World Liberty Financial Token Sales Hit $220M In First Hour, Website Faces Multiple Outages</a>
Disclaimer:&nbsp;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.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

$ETH

ARK 21Shares Bitcoin ETF ARK 21Shares Bitcoin ETF

ARKB

Cathie Wood's Ark Invest Says Ethereum Is A Big Idea That Will Transform The Financial Services Industry — ETH Is Beginning To 'Develop Attributes' Similar To US Treasury Bills

On Tuesday, Cathie Wood-led Ark Invest made significant trades, most notably selling off shares of Block Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>).
The SQ Trade
Ark Invest sold 17,816 shares of the Jack Dorsey-headed Block Inc. from its ARKK fund. This move comes despite Block Inc.&#8217;s recent positive <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40138790/block-inc-earns-analyst-praise-q2-results-showcase-cash-app-growth-strategic-innova">second-quarter results</a>, which showcased growth in its Cash App and strategic innovations. The value of the trade, based on the closing price of $71.79 per share on Tuesday, is approximately $1.28 million.
Significantly, the sale of Block shares came on a day when Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41349325/bitcoin-marches-ahead-ethereum-dogecoin-flat-amid-stocks-reversal-analyst-highlights-facto">moved up</a>. The apex cryptocurrency has been on a tear this week. Dorsey has envisioned a transformative future for Block, moving beyond payments to focus on Bitcoin and the potential for building a new banking model. Recently, Block took a significant step into the crypto realm by securing its first major deal in crypto mining with Core Scientific, which J.P. Morgan estimates could <a href="https://www.benzinga.com/partner/biotech/24/10/41311218/redhill-biopharma-secures-u-s-government-funding-through-barda-to-advance-opaganib-for-ebola-trea">generate between $225 million and $300 million</a>. While Dorsey&#8217;s commitment to Bitcoin is evident, analysts remain cautious, emphasizing the need for solid profit margins to validate this ambitious direction
Other Key Trades: 
<ul>
<li>Ark Invest bought shares of Tempus AI Inc. The firm purchased 17,082 shares from its ARKG fund and 75,991 shares from its ARKK fund.</li>
<li>Ark Invest bought shares of Blade Air Mobility Inc. (BLDE) from its ARKQ fund. The firm sold shares of Materialise NV (MTLS) from its ARKQ fund. Ark Invest bought 1,000 shares of Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) from its ARKX fund.</li>
<li>Significantly, Ark also sold shares of COVID-19 vaccine maker Moderna Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>). The firm sold a total of 24,981 shares from ARKK and ARKG funds worth $1.4 million approximately.</li>
</ul>
Image via Shutterstock
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41303723/jim-cramer-says-im-worried-about-boeing-after-plane-maker-lays-off-17-000-employees-amid-safety-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Says &#8216;I&#8217;m Worried&#8217; About Boeing After Plane Maker Lays Off 17,000 Employees Amid Safety And Financial Woes: &#8216;A Very Jarring Series Of News Tonight&#8217;</a></li>
</ul>
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>

ETFs

MRNA

Cathie Wood's Ark Offloads $1.28M In Jack Dorsey's Block Shares Despite Bitcoin Rally

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), the parent company of Facebook and Instagram, has been directed to face lawsuits filed by U.S. states.
What Happened: On Tuesday, U.S. District Judge Yvonne Gonzalez Rogers in California rejected Meta&#8217;s attempt to dismiss the claims made in two separate lawsuits filed last year, reported Reuters.
The lawsuits involving over 30 states, including California, New York, and Florida, accuse Meta of contributing to mental health issues among teenagers by making its platforms addictive.
See Also: <a href="https://www.benzinga.com/news/24/09/40974511/iphone-15-pro-models-and-iphone-13-discontinued-by-apple-heres-why?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">iPhone 15 Pro Models and iPhone 13 Discontinued By Apple: Here&#8217;s Why</a>
Judge Rogers partly agreed with Meta&#8217;s argument that Section 230, a federal law regulating online platforms, provides some protection to the company.
However, she found that the states had provided enough detail about allegedly misleading statements made by Meta to proceed with most of their case, the report noted.
The judge also rejected motions from Meta, TikTok, owned by ByteDance, YouTube, a subsidiary of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), and Snap Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) Snapchat seeking to dismiss personal injury lawsuits brought by individual plaintiffs.
These firms are not named as defendants in the lawsuits filed by the states.
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: This ruling comes in the wake of increasing concerns about the impact of social media on mental health. 
Earlier in August, a man from Montreal, Canada, filed a lawsuit against social networking platforms YouTube, Facebook, Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), Instagram, and TikTok, claiming they cause addiction and harm mental health.
Last month, Arkansas sued YouTube and its parent company, Alphabet, accusing it of fueling a mental health crisis among youth and being deliberately addictive.
Previously, a lawsuit was also filed against gaming platform Roblox Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>), underscoring how platforms combining gaming and social media can also contribute to addiction.
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.

Social Media

Legal

Media

RBLX

RDDT

SNAP

Mark Zuckerberg's Meta To Face Lawsuits Over Teen Social Media Addiction: Judge Rejects Dismissal Motions From Reddit, YouTube, And Snapchat In Personal Injury Claims

Elon Musk has announced the global launch of the Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Semi truck. This announcement comes amid ongoing skepticism about the <a href="https://www.benzinga.com/news/23/09/34470007/elon-musk-still-fired-up-over-bill-gates-impossible-tesla-semi-remark-despite-its-success">truck&#8217;s autonomous capabilities</a> and its 500-mile range.
What Happened: &#8220;Tesla Semi will be available worldwide,&#8221; Musk wrote on social media platform X. 
Despite doubts surrounding the feasibility of a class 8 truck with such a range, recent third-party tests, <a href="https://electrek.co/2024/10/14/dhl-tests-tesla-semi-and-confirms-the-electric-trucks-impressive-performance/">reported</a> by Electrek on Monday, including one conducted with DHL, are beginning to validate Tesla&#8217;s claims. These trials are crucial as Tesla seeks to build trust in the truck&#8217;s autonomous features.
The Tesla Semi program, initially scheduled for <a href="https://www.benzinga.com/markets/equities/24/04/38395098/tesla-unveils-timeline-for-electric-semi-truck-production-first-units-to-external-customers-by-2">production in 2019, faced significant delays</a>. However, volume production is now set to commence. 
Tesla currently operates a small assembly line near its Gigafactory in Nevada, close to Reno. To support mass production, Tesla is constructing a second plant adjacent to the existing facility, with plans to scale up production in 2025 and a target of <a href="https://www.benzinga.com/general/24/05/39071175/musk-said-tesla-will-build-50-000-semi-trucks-in-2024-guess-how-many-they-actually-made">manufacturing up to 50,000 trucks annually</a>.
<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">Tesla Semi will be available worldwide <a href="https://t.co/qo9504baST">https://t.co/qo9504baST</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1846230339070398639?ref_src=twsrc%5Etfw">October 15, 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/general/entertainment/24/10/41314770/elon-musk-tesla-accused-of-stealing-ideas-from-i-robot-movie-for-cybercab-robovan-can-i-hav?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk, Tesla Accused Of Stealing Ideas From &#8216;I, Robot&#8217; Movie For Cybercab, Robovan: &#8216;Can I Have My Designs Back Please?&#8217;</a>
Why It Matters: The global launch of the Tesla Semi comes at a time when the company is under scrutiny following a recent crash involving the vehicle. The <a href="https://www.benzinga.com/government/24/08/40500682/u-s-transportation-safety-board-opens-investigation-into-tesla-semi-crash-and-fire-in-california">U.S. National Transportation Safety Board</a> has opened an investigation into the incident, which occurred on Aug. 19th in California. 
Meanwhile, logistics providers like NFI Industries and beverage giant PepsiCo are set to begin piloting Tesla Semi trucks <a href="https://www.benzinga.com/news/24/05/38956538/pepsico-doubles-down-on-electric-as-75-ford-e-transits-join-tesla-semi-trucks-in-fleet">in their operations</a>. NFI Industries recently reported successful trials with routes ranging from 250 to 450 miles, while PepsiCo has integrated 50 Tesla Semi trucks into its fleet, alongside additional electric vehicles.
Furthermore, Cathie Wood&#8216;s Ark Invest has set a new price target of $2,600 for Tesla by 2029, driven by the company&#8217;s <a href="https://www.benzinga.com/etfs/specialty-etfs/24/06/39294523/cathie-wood-ark-invest-set-new-2-600-price-target-for-tesla-every-car-becomes-an-ai-powered-c">autonomous vehicle ambitions</a>. 
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/10/41309072/apple-poured-1b-a-year-into-its-car-project-before-abandoning-it-tim-cooks-company-now-pulls-plug-on?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Poured $1B A Year Into Its Car Project Before Abandoning It. Tim Cook&#8217;s Company Now Pulls Plug On Autonomous Vehicle Testing Permit In California: Here&#8217;s More</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>

TSLA

Elon Musk Announces Tesla Semi 'Will Be Available Worldwide' Amid Growing Skepticism Over 500-Mile Range And Autonomous Features

Market bellwether Bitcoin maintained its upsurge Tuesday, defying the sharp decline in stock prices.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:30 p.m. EDT)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+2.22%</td>
<td>$67,341.02</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-0.30%</td>
<td>$2,617.63</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-1.31%</td>
<td>$0.1166</td>
</tr>
</tbody>
</table>
</figure>
What Happened: The world's largest cryptocurrency bounced above $67,000 in early trading hours, the highest since July 29. Barring intermittent bouts of volatility, the coin broadly sustained its rally as of Monday overnight.
On the contrary, Ethereum failed to hold onto its gains after a spike to $2,679.&nbsp;
Digital asset trading firm QCP Capital noted that the rally could be election-driven, following Donald Trump's <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41342342/donald-trump-extends-betting-odds-lead-to-58-42-heres-how-kamala-harris-plans-to-reverse-t">significant lead</a> on prediction markets against Kamala Harris.
Total cryptocurrency liquidations exceeded $304 million in the last 24 hours, the highest in over two weeks. More than $182 million in upside bets were erased.
Bitcoin's Open Interest rose 2.21% to $38.10 billion, indicating an influx of fresh money into the speculative market.&nbsp;
The reading on the Cryptocurrency Fear &amp; Greed index increased from 65 to 73,&nbsp; indicating that the market was greedy.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:30 p.m. EDT)</td>
</tr>
<tr>
<td>Litecoin (LTC)</td>
<td>+6.70%</td>
<td>$71.98</td>
</tr>
<tr>
<td>Chiliz (CHZ)</td>
<td>+5.18%</td>
<td>$0.08104</td>
</tr>
<tr>
<td>Hedera (HBAR)</td>
<td>+4.17%</td>
<td>$0.05707</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency stood at $2.31 trillion, following an increase of 1.04% in the last 24 hours.
Stocks fell sharply, failing to sustain Monday's rally. The Dow Jones Industrial Average tumbled 324.80 points, or 0.75%, to close at 42,740.42. The S&amp;P 500 slipped 0.76% to end at 5,815.26, while the tech-focused Nasdaq Composite dropped over 1% to close at 18,315.59.
The decline was precipitated by a 4.69% fall in the shares of AI giant Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), a marked reversal from the record close on Monday.&nbsp;
That said, Dow and the S&amp;P 500 were up nearly 1% this month.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Widely-followed analyst and trader Rekt Capital highlighted points of interest on Bitcoin's daily chart to ascertain the next move.
"Consistent retesting of the black channel top as support on the daily timeframe is the key to enabling a bullish weekly close and thus confirming continued upside to ~$71,000," the analyst said.&nbsp;
<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"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> Next days will be crucial when it comes to deciding the next major trend Previous Daily clusters of price action (blue circles) in and around this Downtrending Channel Top resistance (red) offer a lot of insight For example, Daily Closes inside this resistance (red)… <a href="https://t.co/jiN2xHXyuh">https://t.co/jiN2xHXyuh</a> <a href="https://t.co/KBg3HOp1Pj">pic.twitter.com/KBg3HOp1Pj</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1846242117938827392?ref_src=twsrc%5Etfw">October 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Cryptocurrency analyst Ali Martinez highlighted a strong correlation between Bitcoin's price rise and the behavior of large whales.&nbsp;
"Interestingly, while BTC surged from $54,000 to $66,000 over the past week, whales offloaded or redistributed over 70,000 BTC, valued at roughly $4.2 billion," the analyst remarked.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Take note of the strong correlation between large whale holdings and <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>&#39;s price. &#x1f440;&#x1f440;&#x1f440; Interestingly, while <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> surged from $54,000 to $66,000 over the past week, whales offloaded or redistributed over 70,000 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a>, valued at roughly $4.2 billion. <a href="https://t.co/KKcYdjF7Oo">pic.twitter.com/KKcYdjF7Oo</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1846158140011667967?ref_src=twsrc%5Etfw">October 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Image via Unsplash
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41335707/asias-microstrategy-metaplanet-buys-another-107-bitcoin-heres-how-big-its-pile-has-grown">&#8216;Asia&#8217;s Microstrategy&#8217; Metaplanet Buys Another 107 Bitcoin: Here&#8217;s How Big Its Pile Has Grown</a></li>
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NVDA

Bitcoin Marches Ahead, Ethereum, Dogecoin Flat Amid Stocks' Reversal: Analyst Highlights Factors Supporting King Crypto's Rise To $71K

On Tuesday, major U.S. indices saw losses, with the Dow Jones Industrial Average falling 0.75% to 42,740.42, while the S&amp;P 500 slipped by a comparable margin to 5,815.26. The Nasdaq dropped nearly 1%, closing at 18,315.59.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>)
ASML Holding saw a significant drop of 16.26% to close at $730.43 after an <a href="https://www.benzinga.com/markets/equities/24/10/41339229/asml-earnings-leak-sparks-broad-semiconductor-sell-off-sector-down-sharply-as-dutch-chipmaker-lo">accidental early release</a> of the company&#8217;s third-quarter earnings report. The Dutch semiconductor giant revised its 2025 net sales guidance to between 30 billion euros and 35 billion euros, a reduction from the previously stated range. The news sent shockwaves through the semiconductor sector.
Walgreens Boots Alliance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>)
Walgreens Boots Alliance reported a rise of 15.78% to close at $10.42. The company&#8217;s fourth-quarter fiscal year 2024 sales beat the consensus, reflecting growth across all segments. However, adjusted operating income saw a <a href="https://www.benzinga.com/news/earnings/24/10/41333092/walgreens-boots-alliance-outlines-three-cost-saving-strategy-as-q4-earnings-beat-street-estimates">decrease of 37.7% on a constant currency basis</a>.
See Also: <a href="https://www.benzinga.com/news/24/10/41309748/columbus-day-is-stock-market-open-today?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Columbus Day: Is Stock Market Open Today?</a>
Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)
Trump Media &amp; Technology Group stock fell by 9.65% to close at $27.06. The company&#8217;s Truth+ streaming service <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41333815/whats-going-on-with-trump-media-technology-group-stock-on-tuesday">launched on the web</a> and an Android app, with plans to expand to other platforms.
United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)
United Airlines Holdings reported a slight increase of 0.82% to close at $64.05. The airline company&#8217;s third-quarter revenue and adjusted earnings per share <a href="https://www.benzinga.com/news/earnings/24/10/41345371/united-airlines-q3-earnings-revenue-beat-eps-beat-1-5b-buyback-clear-inflection-point">beat analyst estimates</a>.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla Inc. saw a marginal increase of 0.19% to close at $219.57. The EV giant reportedly transferred nearly all of its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) stash to unknown wallets, <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41348730/elon-musks-tesla-waving-goodbye-to-bitcoin-760m-sent-to-unknown-wallets">sparking speculation</a> about the company&#8217;s cryptocurrency holdings.
Photo by Phongphan 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>

ASML

ASML, Walgreens, Trump Media, United Airlines, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Tuesday, Jim Cramer had a surprise guest on his show—his very own Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) Watch! In the middle of discussing the luxury watchmaker Breitling, Cramer's smartwatch decided it wanted some airtime too.
What Happened: CNBC&#8217;s&nbsp;Mad Money&nbsp;host took to X, formerly Twitter, and shared the hilarious moment his Apple Watch chimed in (pun intended) just as he was talking up Breitling.
The backstage crew couldn't help but comment on the watch's impeccable — and rather suspicious — timing.
&#8220;Talking to watchmaker Breitling tonight&#8230; my Apple Watch got jealous and decided to interrupt the top of the show,&#8221; Cramer said while sharing the video on the social media platform.
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41323155/nvidia-amd-face-chip-export-curbs-as-biden-administration-considers-restrictions-on-middle-east-coun?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia, AMD Face Chip Export Curbs, As Biden Administration Considers Restrictions On Middle-East Countries, Others: Report</a>
<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">Talking to watchmaker Breitling tonight&#8230; my Apple Watch got jealous and decided to interrupt the top of the show&#8230; 6p ET!! ⁦<a href="https://twitter.com/MadMoneyOnCNBC?ref_src=twsrc%5Etfw">@MadMoneyOnCNBC</a>⁩ <a href="https://t.co/kb63dfAP6a">pic.twitter.com/kb63dfAP6a</a>
&mdash; Jim Cramer (@jimcramer) <a href="https://twitter.com/jimcramer/status/1846303938972205544?ref_src=twsrc%5Etfw">October 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Breitling, the brand of choice for those who appreciate the finer things, is renowned for using premium materials like stainless steel and gold.
Meanwhile, the Apple Watch prefers to flex its tech muscles, offering sleek designs, customizable bands, and of course, all the modern bells and whistles.
While Breitling watches are all about luxury, precision, and style, the Apple Watch is like the Swiss Army knife of wearables. It's got health tracking, notifications, GPS, and tons of apps.
When it comes to price tags, Breitling watches blow Apple out of the water. These luxury pieces come with hefty price points that make the Apple Watch look like a bargain.
Sure, you might have to upgrade your Apple Watch every few years, but that upfront cost is still way friendlier to your wallet than a Breitling splurge.
Last month, at <a href="https://www.benzinga.com/news/24/09/40779019/apple-watch-series-10-announced-with-larger-display-thinner-design">the &#8220;Glowtime&#8221; event</a>, Apple launched its new Watch Series 10, boasting a larger screen and sleeker design, with a wider aspect ratio and rounded corners.
Cupertino also launched a fresh <a href="https://www.benzinga.com/news/24/09/40785027/apple-watch-upgrade-a-downgrade-top-analyst-says-many-missed-this-crucial-information-during-glowtim">color option for its Ultra Watch</a>. The new Apple Watch Ultra 2 is designed for maximum durability and performance, featuring a robust titanium case and a scratch-resistant sapphire front crystal.
On its website, the lowest price of a Breitling watch is $3250, whereas the new Apple Watch Ultra 2 is priced at a mere $799.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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<li><a href="https://www.benzinga.com/24/10/41322912/apple-to-launch-new-macbooks-pro-ipad-minis-and-imacs-analyst-says-inventory-dwindling-for-these-giz?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple To Launch New MacBooks Pro, iPad Minis and iMacs? Analyst Says Inventory Dwindling For These Gizmos</a></li>
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Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Jim Cramer Gets Loudly Interrupted By 'Jealous' Apple Watch — Device Goes Absolutely Nuts Just As He Begins To Talk About Luxury Watchmaker Breitling

A retired Navy veteran from Covington, Georgia, is facing an uncertain legal situation in Dubai after being arrested for possessing medically prescribed <a href="https://www.benzinga.com/markets/cannabis/23/12/36339531/army-vet-who-replaced-pills-with-cbd-oil-for-chronic-insomnia-says-high-not-necessary-for-relief">CBD pills. </a>
Charles Wimberly, 52, was detained at a Dubai airport on September 27 when officials discovered the pills during a security check as he was preparing to board a flight back to Georgia. 
See Also: <a href="https://www.benzinga.com/markets/cannabis/24/10/41298029/rachel-sennott-arrested-in-cayman-islands-i-wanted-to-be-arrested-for-something-awesome-not-cbd">Rachel Sennott Arrested In Cayman Islands: I Wanted &#8216;To Be Arrested For Something Awesome&#8217; Not CBD</a>
Despite showing his prescription for medical marijuana, authorities accused Wimberly of drug trafficking due to Dubai&#8217;s strict laws against cannabidiol (CBD) products.
"They got me on a no-travel ban right now, because they're basically saying I was trafficking drugs with my prescription medicine," Wimberly told Channel 2's Tom Regan (<a href="https://www.yahoo.com/news/disabled-ga-veteran-arrested-dubai-025816247.html">via</a> YahooNews)
<h3 class="wp-block-heading">Chronic Pain, CBD And An Unexpected Arrest</h3>
Wimberly, who suffers from chronic back pain, diabetes and PTSD, had been on vacation in Dubai with friends when the incident occurred. A doctor in Georgia had prescribed the CBD and prescription-strength ibuprofen to manage his symptoms, which include severe pain due to a pending surgery.
On the day of his arrest, a routine security screening at the airport turned into a nightmare for Wimberly. As he emptied his pockets, several pills fell to the floor, prompting immediate suspicion from airport officials.
"He said what kind of medicine is this? I said Ibuprofen and CBD. He said CBD is not allowed. He called police and they were like, ‘Are you trafficking drugs?'" Wimberly recounted. Despite presenting his prescription, authorities deemed it insufficient and charged him with drug trafficking.
<h3 class="wp-block-heading">Detainment, Health Scare And No Resolution In Sight</h3>
Wimberly was taken into custody, where he suffered a diabetic shock while in a holding cell. After receiving medical attention, he was transferred to a larger jail. 
"There were like 240 people in there. I said can you give me something. My back is killing me. I can hardly walk," Wimberly said.
Although he was later released without bond and sent to a hotel, Wimberly remains stranded in Dubai. His passport has been flagged, preventing him from leaving the country. No court date has been set to resolve his case.
"I talked to the U.S. Embassy. And a woman there told me we can't get involved. That's all she said.&#8221;
<h3 class="wp-block-heading">Family&#8217;s Plea For Help</h3>
Wimberly&#8217;s father, Lonnie Wimberly, a retired Army veteran from Augusta, is deeply concerned about his son&#8217;s situation, particularly the impact it could have on his health.
"He's diabetic, he has a serious back injury. He has PTSD issues. It's not something to take lightly to deny his medications. It's very concerning to me." Lonnie said. &#8220;The number of pills he had, five maybe, doesn't meet their threshold for trafficking. So, what they holding him for? It doesn't make sense to me.&#8221;
<h3 class="wp-block-heading">Diplomatic Efforts Underway</h3>
An organization called Detained in Dubai, which specializes in assisting foreigners facing legal issues in the United Arab Emirates (UAE), has taken up Wimberly's case. They are working through diplomatic channels to secure his release, along with the U.S. Department of State, which has warned American citizens about the risks of traveling to Dubai with even prescribed CBD products.
Wimberly remains hopeful that prosecutors will conclude that there was no intent to distribute and that he will only face a fine before being allowed to return home. But the situation is taking a toll on his mental health.
"It's scary. My PTSD is at another level," Wimberly said.
Meanwhile, Georgia Senator Jon Ossoff's office has confirmed that it will begin investigating the matter this week.
Read Next:
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<li><a href="https://www.benzinga.com/markets/cannabis/23/07/33294198/gigi-hadids-arrest-a-cautionary-tale-of-traveling-with-weed-or-proof-of-privilege">Gigi Hadid&#8217;s Arrest: A Cautionary Tale About Traveling With Weed? Or Proof Of Privilege?</a></li>
</ul>
Cover image made with AI.

Asia

Cannabis

From Vacation To Legal Nightmare: How A Georgia Veteran's CBD Arrest In Dubai Landed Him Behind Bars

The tech industry is witnessing fierce competition among Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) as they vie to <a href="https://www.benzinga.com/insights/options/24/10/41341102/10-information-technology-stocks-whale-activity-in-todays-session">reach a $4 trillion market cap</a>. This race is expected to intensify in the next 6-9 months.
What Happened: Wedbush Securities analyst Dan Ives has predicted that the three tech giants will be the frontrunners in the race to a $4 trillion market cap. 
This race is expected to be a key factor in the tech industry&#8217;s future, with a potential 20% surge in tech stocks by 2025, driven by the AI revolution.
&#8220;We believe the stage is set for tech stocks for another 20% move higher in 2025 with this tech bull market led by the AI Revolution,&#8221; Ives wrote on social media platform X.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We believe over the next 6-9 months the race to $4 Trillion Market Cap in Big Tech will be key between Nvidia, Apple, and Microsoft. We believe the stage is set for tech stocks for another 20% move higher in 2025 with this tech bull market led by the AI Revolution &#x1f525;&#x1f3c6;&#x1f402;&#x1f37f;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1846339036707017110?ref_src=twsrc%5Etfw">October 15, 2024</a></blockquote>
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Why It Matters: The race to a $4 trillion market cap has been a topic of interest for some time. In July, Ives predicted that Nvidia, Apple, and Microsoft were on track to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39579731/nvidia-apple-microsoft-race-toward-4t-market-cap-analyst-expects-ai-driven-tech-ral">reach this milestone</a>, driven by the accelerating AI revolution. This was followed by an <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40575537/apple-analyst-says-historic-upgrade-cycle-will-push-valuation-past-4-trillion-as-cu">analyst&#8217;s prediction</a> in August that Apple&#8217;s historic upgrade cycle would push its valuation past $4 trillion.
These predictions come amid a turbulent period for the tech industry. On Tuesday, a technical error led to a premature disclosure of ASML Holding NV&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) third-quarter earnings, causing a <a href="https://www.benzinga.com/markets/equities/24/10/41341168/chipmaker-stocks-sink-on-asml-earnings-leak-oil-eyes-worst-1-day-drop-this-year-small-caps-rally">sharp decline</a> in the company&#8217;s stock. This incident also contributed to a broader decline in tech stocks, with the NASDAQ and other large-cap indices experiencing losses.
Read Next: 
<a href="https://www.benzinga.com/news/24/10/41303150/tesla-stock-tumbles-after-underwhelming-robotaxi-presentation?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Stock Tumbles After Underwhelming Robotaxi Presentation</a>
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>

MSFT

Nvidia, Apple, And Microsoft In Race For $4 Trillion Market Cap: 'Stage Is Set For Tech Stocks For Another 20% Move Higher In 2025'

&#8220;Shark Tank&#8221; fame billionaire, Mark Cuban, recently took to X to express his skepticism about former President Donald Trump&#8217;s approach to revitalizing U.S. manufacturing through tariffs.
What Happened: In a post, on Tuesday, Cuban, who is backing Vice President Kamala Harris for president in 2024, responded to a post arguing for more U.S. manufacturing. He criticized Trump&#8217;s approach, stating, &#8220;I know what he wants. But he has no idea what it takes to do it.&#8221; He questioned why Trump doesn&#8217;t simply pass a law requiring all manufacturing to be done in the U.S. within a decade, arguing that Trump&#8217;s imposition of tariffs is effectively trying to achieve the same goal.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I know what he wants. But he has no idea what it takes to do it. Why not just pass a law that ALL MANUFACTURING has to be done in the USA within 10 years ? When you put crazy tariffs on every import, that is effectively what he is trying to do The difference between using… <a href="https://t.co/obHHejR7Cz">https://t.co/obHHejR7Cz</a>
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1846338916934135945?ref_src=twsrc%5Etfw">October 15, 2024</a></blockquote>
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Cuban pointed out that the difference between using laws and tariffs is that as the president, Trump can set tariffs, whereas laws have to be passed, something Cuban believes would never happen. &#8220;That&#8217;s how crazy his approach is,&#8221; Cuban concluded.
In a separate interaction on X with the same user, Cuban questioned Trump&#8217;s tariff plans, pointing out that it would take years for companies like Deere &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) to relocate or expand U.S. factories. He suggested firms might delay or outsource production instead, ultimately benefiting no one.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">How does it take for John Deere to build plan out and build a factory, that they already planned elsewhere, in the USA ? And even if it's just an expansion of an existing factory, how long does it take ? And what if they stop the proposed factory elsewhere , and just wait out…
&mdash; Mark Cuban (@mcuban) <a href="https://twitter.com/mcuban/status/1846346682596053374?ref_src=twsrc%5Etfw">October 16, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/news/24/10/41303907/trumps-former-trade-advisor-warns-wall-street-prepare-for-swift-tariff-implementation-if-ex-presiden?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Former Trade Advisor Warns Wall Street: Prepare For Swift Tariff Implementation If Ex-President Wins Second Term</a>
Why It Matters: Cuban&#8217;s critique comes in the wake of Trump&#8217;s recent comments on tariffs. In an interview at the <a href="https://www.benzinga.com/general/politics/24/10/41344136/trump-goes-on-the-defense-about-massive-effect-of-tariffs-economic-growth-putin-relationship-djt">Economic Club of Chicago</a>, Trump defended the &#8216;massive effect&#8217; of tariffs. This followed Trump&#8217;s commitment to bring back the auto industry to Michigan through the <a href="https://www.benzinga.com/news/24/08/40643937/mark-cuban-wants-someone-to-explain-to-him-how-trump-would-tax-a-foreign-nation">taxation of foreign nations</a>, a move Cuban had previously questioned.
Trump&#8217;s tariff threats have been a point of contention for Cuban, who has previously criticized Trump&#8217;s threat to impose a 200% tariff on John Deere products, calling it a &#8220;<a href="https://www.benzinga.com/news/24/09/40993998/mark-cuban-says-trumps-lack-of-understanding-business-is-insane-slams-200-tariff-threat-on-john-deer">good way to destroy a legendary American company</a>.&#8221;
Photo by Kathy Hutchins on 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>

Politics

General

Mark Cuban Says He Knows What Trump Wants To Achieve With Tariffs But The Ex-President Has No Idea What It Takes To Do It — 'That's How Crazy His Approach Is'

As Pennsylvania&#8217;s legislative session heats up, one question stands out: why are Republican-controlled districts turning cannabis-friendly? Polling data reveals strong bipartisan support for cannabis legalization across key competitive districts. What&#8217;s driving this change? 
A deeper look at economic distress, poverty and the opioid epidemic in these areas could hold the answer and offer a roadmap for other red states grappling with similar issues. With Pennsylvania being a critical swing state in national elections, the outcome of this issue may have broader political implications.
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<h3 class="wp-block-heading">Voter Support Across Party Lines</h3>
According to surveys conducted by Cygnal and <a href="https://responsiblepa.org/majority-of-pa-voters-in-two-competitive-republican-pa-house-districts-support-legalization-of-cannabis-now/">Responsible PA</a>, a clear majority in districts like HD 44 (Allegheny County) and HD 18 (Bucks County) support cannabis legalization.&nbsp;
In HD 44, 67% of voters back legal and regulated cannabis, including 56% of Republicans. Similarly, 68% of voters in HD 18 support adult-use cannabis, with 55% of Republicans in favor.&nbsp;
Even in traditionally conservative areas like Beaver County (HD 16), strong support reaches 72%, reflecting widespread public approval.&nbsp;
Interestingly, the support transcends party lines, with voters citing economic growth, public safety, and criminal justice reform as top reasons for legalization. More than half of voters in HD 44 and HD 18 believe that passing cannabis reform this session is &#8220;crucial&#8221; for stimulating local economies.&nbsp;
But why is this happening in these conservative strongholds?
<h3 class="wp-block-heading">Economic Struggles And The Opioid Crisis: Key Drivers?&nbsp;</h3>
Beyond the polling data, a closer look at these districts&#8217; economic and social conditions paints a clearer picture of why cannabis legalization is gaining traction.&nbsp;
Beaver County, which shows high support for cannabis, faces a poverty rate of 11.3%, while Luzerne County (HD 118) has a poverty rate of 13.4%. The opioid epidemic also looms large.&nbsp;
Pennsylvania has been one of the states hardest hit by the opioid epidemic, with an overdose death rate of 44.3 per 100,000 people, among the highest in the U.S., according to the <a href="https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2019/q2/eiq219-opioid-impact.pdf">Philadelphia Federal Reserve Bank</a>. This crisis has deeply affected the labor force, particularly in regions already suffering from economic decline. 
Many of these areas have seen significant drops in workforce participation, especially among men, as addiction further limits job opportunities. These<a href="https://bmcpsychiatry.biomedcentral.com/articles/10.1186/s12888-020-02981-7"> intertwined issues of addiction and unemployment </a>highlight why distressed regions might view cannabis legalization as a potential solution for both economic growth and harm reduction
According to the <a href="https://www.nber.org/system/files/working_papers/w28067/w28067.pdf">National Bureau of Economic Research</a> (NBER), opioid-related deaths increase by 3.6% for every one-percentage-point rise in unemployment.&nbsp;<a href="https://www.benzinga.com/topic/pennsylvania-cannabis">Pennsylvania</a> ranks among the states most affected by opioid addiction, particularly in rural and economically distressed areas like Beaver County.
In regions where traditional healthcare options are out of reach, residents could be seeing cannabis as a <a href="https://www.benzinga.com/markets/cannabis/24/01/36578723/huge-study-reveals-cannabis-provides-similar-pain-relief-benefits-as-opioids-without-negative-co">safer, cost-effective alternative for pain management</a>.
Read Also:<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 Break Ranks To Back Cannabis Legalization—Is The GOP Ready For A Shift In The Status Quo?</a>
<h3 class="wp-block-heading">Fleeing Sales&nbsp;</h3>
Many voters in these districts travel to nearby states like <a href="https://www.benzinga.com/topic/new-jersey-cannabis">New Jersey</a> and <a href="https://www.benzinga.com/topic/new-york-cannabis">New York</a><a href="https://www.benzinga.com/topic/new-jersey-cannabis"> </a>to buy cannabis, highlighting an economic drain. Pennsylvania is missing out on both tax revenue and consumer dollars by keeping cannabis illegal while neighboring states benefit.
<h3 class="wp-block-heading">Presidential And State House Polling Context</h3>
The <a href="https://responsiblepa.org/wp-content/uploads/2024/10/22480-ResponsiblePA-PAHD044-Memo.pdf">polls</a> also show that cannabis legalization is becoming a pivotal issue in Pennsylvania's competitive political landscape.&nbsp;
The surveys conducted by Responsible PA, show tight races, with 49% supporting Trump versus 47% for Harris in HD 44, and similarly close margins in other districts. Despite these tight races, bipartisan support for cannabis is rising.&nbsp;
Polling reveals that nearly one-third of voters in HD 44 said they'd be more likely to support a candidate in favor of cannabis legalization. This suggests that cannabis reform could sway voters in key districts, especially in a state like Pennsylvania, where every vote counts in national elections.
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/10/41240793/its-your-constitutional-right-how-you-can-break-the-senates-block-on-cannabis-legalization"> It&#8217;s Your Constitutional Right: How You Can Break The Senate&#8217;s Block On Cannabis Legalization</a>
<h3 class="wp-block-heading">Broader Support Across Competitive Districts</h3>
Support for cannabis legalization isn&#8217;t limited to just one or two areas. Across five key competitive districts—HD 16 (Beaver County), HD 72 (Cambria County), HD 118 (Luzerne and Lackawanna Counties), HD 144 (Bucks County), and HD 151 (Montgomery County)—<a href="https://responsiblepa.org/majority-of-pa-voters-in-five-competitive-house-district-support-the-legalization-of-cannabis-now/">more than 60% of voters support regulated cannabis sales</a>.&nbsp;
These areas, which include traditionally conservative regions, are turning to cannabis as a way to stimulate economic growth, create jobs, and reduce reliance on illegal markets.
This growing support is not just about personal freedom or criminal justice reform—it's deeply tied to economic concerns.
In districts like HD 151, 74% of voters believe cannabis legalization will boost the economy by <a href="https://www.benzinga.com/markets/cannabis/24/09/40804667/cannabis-hiring-platform-vangst-predicts-1m-full-time-marijuana-jobs-by-2029-announces-acquisiti">creating jobs</a>, and similar high numbers are seen across HD 118, HD 144, and HD 16. As these regions grapple with unemployment and poverty, the promise of a cannabis industry offering <a href="https://www.benzinga.com/markets/cannabis/24/07/39653122/u-s-jobs-surge-in-june-can-cannabis-keep-up-salaries-might-tempt-you-to-switch-careers">economic stimulus</a> and new job opportunities is highly appealing.
Read Also:<a href="https://www.benzinga.com/24/09/40815292/the-election-issue-no-one-saw-coming-trumps-weed-gamble-in-swing-states"> The Election Issue No One Saw Coming: Trump&#8217;s Weed Gamble In Swing States</a>
<h3 class="wp-block-heading">A Model For Other States?</h3>
The story unfolding in Pennsylvania could serve as a blueprint for other conservative strongholds. By addressing real-world problems like unemployment and alternative healthcare options, cannabis reform crosses party lines and offers a pragmatic solution to economic and social crises.&nbsp;
With voter support building and a bipartisan bill on the table, it's clear that cannabis legalization is no longer just a liberal issue. It's a matter of economic survival in some of the state's most distressed areas—and potentially a model for other states facing similar struggles.&nbsp;
In the meantime, several cannabis companies stand to benefit from the <a href="https://www.benzinga.com/markets/cannabis/24/09/40909516/pennsylvania-isnt-giving-up-on-recreational-cannabis-optimism-rises-as-lawmakers-reintroduce-gov">potential legalization of adult-use cannabis in Pennsylvania</a>. These include Jushi Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/JUSHF#OTC">JUSHF</a>), Cresco Labs (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRLBF#OTC">CRLBF</a>), Green Thumb Industries (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GTBIF#OTC">GTBIF</a>), Verano Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VRNOF#OTC">VRNOF</a>), and Trulieve Cannabis (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/TCNNF#OTCQX">TCNNF</a>).
Read Next:<a href="https://www.benzinga.com/markets/cannabis/24/09/40712816/what-trump-learned-about-marijuana-that-desantis-did-not-and-why-the-gop-might-become-weed-frien"> What Trump Learned About Marijuana That DeSantis Did Not And Why The GOP Might Become Weed-Friendly</a>

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VRNOF

Why Pennsylvania's GOP Districts Are Embracing Weed: The Cannabis Revolution You Didn't See Coming

In a major development, EV juggernaut Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has reportedly transferred nearly all of its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) stash to unknown wallets, sparking speculation about whether CEO Elon Musk planned to offload the company&#8217;s cryptocurrency holdings.
What Happened: A wallet labeled as Tesla moved 11,500 BTCs, worth $760 million of the leading cryptocurrency, to several unidentified wallets Tuesday, according to on-chain analytics firm Arkham Intelligence. As of this writing, the wallet holds an inconsequential $6.7 worth of the asset. 
Tesla didn&#8217;t immediately respond to Benzinga&#8217;s request for clarity on the true purpose of the move.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">TESLA JUST MOVED ANOTHER $260M BTC TOTAL MOVED: $760M <a href="https://t.co/ukAcHW1EZC">pic.twitter.com/ukAcHW1EZC</a>
&mdash; Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1846305722205696079?ref_src=twsrc%5Etfw">October 15, 2024</a></blockquote>
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See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41342342/donald-trump-extends-betting-odds-lead-to-58-42-heres-how-kamala-harris-plans-to-reverse-t">Donald Trump Extends Betting Odds Lead To 58:42—Here&#8217;s How Kamala Harris Plans To Reverse The Trend</a>
Why It Matters: Tesla's Bitcoin holdings have remained unchanged <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39922826/elon-musk-agrees-with-dogedesigner-funding-for-trump-supporting-super-pac-is-far-below-45m">since the fourth quarter of 2022</a>. Their Bitcoin journey began in January 2021, when it first acquired $1.5 billion worth of the leading cryptocurrency.
The tech behemoth previously accepted Bitcoin as a payment option for vehicles before ending the practice due to concerns about the energy consumption used in Bitcoin mining.
While the exact amount of Bitcoin previously purchased and currently held by Tesla is not known to the tee, many have estimated based on the prices of Bitcoin at specific points in time. 
Prior to the transfer, Tesla has amassed an unrealized profit of 129% on its Bitcoin investment, according to data from&nbsp;<a href="https://www.coingecko.com/en/public-companies-bitcoin" target="_blank" rel="noreferrer noopener">CoinGecko</a>.
Price Action: At the time of writing, BTC was trading at $66,824.86, up 1.34% in the last 24 hours, <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">according to Benzinga Pro.</a> Shares of Tesla closed 0.19% higher at $219.57 during Tuesday&#8217;s regular session.
Image made via photos on Shutterstock
Read Next:<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41314578/mark-cuban-to-replace-gary-gensler-under-harris-administration-if-asked-i-would-want-to-be?itm_source=parsely-api" target="_blank" rel="noreferrer noopener"> </a>
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41314578/mark-cuban-to-replace-gary-gensler-under-harris-administration-if-asked-i-would-want-to-be?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Donald Trump&#8217;s World Liberty Financial T</a><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41341588/donald-trumps-world-liberty-financial-token-sales-hit-220m-in-first-hour-website-faces-mul">oken Sales Hit $220M In First Hour, Website Faces Multiple Outages</a></li>
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Elon Musk's Tesla Waving Goodbye To Bitcoin? $760M Sent To Unknown Wallets

French President Emmanuel Macron has issued a stern warning to Israel&#8217;s Prime Minister Benjamin Netanyahu, urging him not to overlook United Nations&#8217; resolutions amidst the escalating tensions with Hezbollah.
What Happened: The admonition came during a ministerial meeting on Tuesday, as Macron reminded Netanyahu of Israel&#8217;s origin as a result of a U.N. decision. This was in reference to the 1947 General Assembly vote that concluded the British mandate of Palestine and divided the land into Jewish and Arab states, as reported by <a href="https://www.politico.eu/article/france-emmanuel-macron-benjamin-netanyahu-united-nations-israel-hezbollah-war/">Politico</a>.
&#8220;Mr. Netanyahu must not forget that his country was created by a U.N. decision,&#8221; said the French president.
Recently, Macron and Netanyahu have been involved in a heated exchange due to the growing apprehension of a conflict escalation between Israel and the Hezbollah militant group, which could potentially involve Lebanon and its civilian population.
Previously, Macron had called for a halt in arms deliveries to Israel in a French radio interview, which drew a strong response from Netanyahu. Macron&#8217;s latest warning is connected to the situation in southern Lebanon and Israeli attacks on U.N. peacekeepers, which was denounced by 40 countries in a statement last Saturday.
France had also called in the Israeli ambassador following an incident where two U.N. staff were injured in south Lebanon. France&#8217;s Armed Forces Minister, Sébastien Lecornu, echoed these concerns on Monday, emphasizing the issue of Israel&#8217;s non-compliance with UN resolutions.
See Also: <a href="https://www.benzinga.com/news/24/10/41303907/trumps-former-trade-advisor-warns-wall-street-prepare-for-swift-tariff-implementation-if-ex-presiden?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Former Trade Advisor Warns Wall Street: Prepare For Swift Tariff Implementation If Ex-President Wins Second Term</a>
Why It Matters: On Sunday morning, Israeli tanks breached a U.N. peacekeeping post in southern Lebanon leading to smoke exposure that caused health issues for 15 peacekeepers. Israel claimed the tanks entered to evacuate wounded soldiers after an anti-tank missile strike. UN Secretary-General António Guterres warned such actions could constitute war crimes, <a href="https://www.bbc.com/news/articles/cwylekwngz8o">reported</a> BBC.
Earlier in the month, Israel&#8217;s foreign minister Israel Katz declared Guterres persona non grata in his country and banned him from entry.
&#8220;Anyone who cannot unequivocally condemn Iran&#8217;s heinous attack on Israel, as almost every country in the world has done, does not deserve to step foot on Israeli soil,&#8221; said the Israeli minister on X.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Today, I have declared UN Secretary-General <a href="https://twitter.com/antonioguterres?ref_src=twsrc%5Etfw">@antonioguterres</a> persona non grata in Israel and banned him from entering the country. Anyone who cannot unequivocally condemn Iran&#39;s heinous attack on Israel, as almost every country in the world has done, does not deserve to step…
&mdash; ישראל כ"ץ Israel Katz (@Israel_katz) <a href="https://twitter.com/Israel_katz/status/1841422324890812763?ref_src=twsrc%5Etfw">October 2, 2024</a></blockquote>
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This warning comes amidst a backdrop of <a href="https://www.benzinga.com/news/global/24/10/41126038/iran-attacks-israel-with-missiles-middle-east-tensions-escalates-s-p-500-stocks-bitcoin-fall-as-oil">escalating tensions</a> in the Middle East. Earlier this month, Iran launched a missile attack against Israel following the killing of Hezbollah leader Hassan Nasrallah.
This put <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41309234/israels-attack-on-iran-would-rattle-the-nerves-of-oil-market-says-expert">energy markets on edge</a> with analysts highlighting the potential impact of an Israeli attack on Iran&#8217;s oil infrastructure. However, oil prices saw a <a href="https://www.benzinga.com/markets/asia/24/10/41336413/oil-prices-take-largest-plunge-in-over-a-year-as-israel-vows-to-spare-iranian-facilities-energy-stochttps://www.benzinga.com/news/24/10/41305454/former-nato-chief-predicts-shutdown-of-oil-amid-israel-iran-conflict">sharp decline</a> after Netanyahu reportedly pledged that Iran&#8217;s crude oil infrastructure would be spared from any potential retaliatory strikes.
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<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
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>

Emmanuel Macron Has Sharp Words For Israel's PM: 'Mr. Netanyahu  Must Not Forget That His Country Was Created By A UN Decision'

Shawn Carter, better known as Jay-Z, once praised by legendary investor Warren Buffett as &#8220;<a href="https://www.benzinga.com/general/entertainment/23/03/31597506/jay-z-says-music-is-like-stocks-warren-buffett-praises-billionaire-rapper-as-the-guy-to-lea">the guy to learn from</a>,&#8221; has come a long way from his Brooklyn roots.
The hip-hop mogul&#8217;s journey from survival mode to embracing emotional intelligence offers valuable insights into his personal and professional growth.
What Happened: In a 2022 conversation with comedian Kevin Hart, Jay-Z opened up about his personal growth and the importance of emotional intelligence.
The rapper, who became hip-hop&#8217;s first billionaire in 2019, admitted that growing up in the projects taught him survival skills but not emotional intelligence.
&#8220;I&#8217;ve been taught everything but emotional intelligence,&#8221; Jay-Z said, adding, &#8220;As a young man growing up in the projects, you&#8217;re taught to survive.&#8221;
However, he also spoke about how learning to see things from other people&#8217;s perspectives has helped him grow.
This growth mindset has not only improved his personal life but also contributed to his professional success.
See Also: <a href="https://www.benzinga.com/startups/23/10/35197924/jay-z-wouldnt-lend-his-cousin-4800-for-a-business-venture-even-though-hes-worth-2-billion-you-gotta">Jay-Z Wouldn&#8217;t Lend His Cousin $4800 For A Business Venture — Even Though He&#8217;s Worth $2 Billion: &#8216;You Gotta Explain To Him Life Isn&#8217;t Like That. Money Isn&#8217;t Free, And No One&#8217;s Giving Out Opportunities.&#8217;</a>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Jay-Z on His Relationship with His Dad, Going to Therapy &amp; Emotional Intelligence &#x7C; Hart to Heart" width="500" height="281" src="https://www.youtube.com/embed/3ZmrbwSPU1c?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Why It's Important: Since 2019, Jay-Z has more than doubled his fortune, with Forbes <a href="https://www.forbes.com/profile/jay-z/">estimating</a> his current net worth at $2.5 billion.&nbsp;
The rapper's wealth stems from his Armand de Brignac champagne and D&#8217;Usse cognac brands, while his holdings span from venture capital funds to his entertainment company Roc Nation.
Over the years, Jay-Z has made several high-profile business moves.
This includes selling a 50% stake in his champagne brand Armand de Brignac also known as Ace of Spades to French luxury giant LVMH&nbsp; in 2021.&nbsp;
In February last year, he offloaded a majority stake in his cognac brand D&#8217;Usse to Bacardi.
Beyond these ventures, his diverse portfolio also includes a valuable fine art collection, his extensive music catalog, and investments in major companies such as Block and Uber.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/23/02/31013521/why-jay-z-is-one-of-the-most-important-players-in-the-2-7-billion-contemporary-art-world">Why Jay-Z is One of the Most Important Players in the $2.7 Billion Contemporary Art World</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Entertainment

Jay-Z, Praised by Warren Buffett as 'The Guy to Learn From,' Once Said He Wasn't Taught Emotional Intelligence, But How To Survive — The Rap Legend's Growth Has Made Him Not Just A Better Person, But Also Worth $2.5B Today

In the upcoming U.S. presidential election, Democratic Vice President Kamala Harris continues to hold a slender lead over Republican Donald Trump, as per the latest Reuters/Ipsos poll.
What Happened: As detailed by Reuters on Friday, Harris has a 3-point lead over Trump, with 45% to 42% respectively. This gap is consistent with a poll conducted a week earlier. The recent survey, which ended on Sunday, suggests a potential rise in voter enthusiasm, especially among Democrats, compared to the 2020 presidential election.
About 78% of registered voters, which includes 86% of Democrats and 81% of Republicans, expressed complete certainty in casting their vote in the upcoming election. This figure is higher than the 74% in a Reuters/Ipsos poll conducted in late October 2020.
Harris jumped into the presidential contest in July after President Biden ceased his re-election campaign. Despite Trump&#8217;s initial lead due to his perceived economic prowess, Harris seems to be gaining traction with voters, particularly on healthcare policy and handling political extremism. However, voters still rate the economy as the number one issue, favoring Trump as the better economic steward.
See Also: <a href="https://www.benzinga.com/news/24/10/41303300/mary-trump-because-donald-is-a-world-class-hypocrite-it-turns-out-his-interviews-have-been-edited?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mary Trump: &#8216;Because Donald Is A World-Class Hypocrite, It Turns Out His Interviews Have Been Edited&#8217;</a>
With the election outcome potentially hinging on seven battleground states, candidates are vying for voters to turnout at the polls. The latest Reuters/Ipsos survey indicates a close race, with Harris holding a 3-point lead over Trump among likely voters.
Why It Matters: Harris&#8217;s lead over Trump has been <a href="https://www.benzinga.com/general/politics/24/10/41347642/harris-vs-trump-vice-president-holds-lead-in-2024-election-poll-but-former-president-is-closing-">fluctuating in recent weeks</a>, with her lead shrinking from a record high six points last week. However, she has managed to maintain a lead in many election polls.
The race to the White House has become <a href="https://www.benzinga.com/news/24/10/41331062/trump-vs-harris-vice-president-goes-from-deficit-to-slender-lead-in-new-poll-but-battleground-states">too close for comfort</a>, with Harris leading Trump by just a point in the Harvard CAPS Harris poll conducted between Oct. 11-13.
Despite Trump's slight advantage in swing states, Harris holds a substantial 8-point lead <a href="https://www.benzinga.com/news/24/10/41322493/trump-ahead-of-harris-shows-poll-among-early-voters-in-key-battlegrounds-ex-presidents-swing-state-s">among early voters</a> nationwide, with 51% support compared to Trump's 43%.
Did You Know?
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
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>

Trump Falls 3 Points Behind Harris In New Poll, Economic Worries Dominate Voter Concerns: Report

DLPN

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

A week after having a record lead over Donald Trump in a weekly head-to-head poll of likely voters, Vice President Kamala Harris sees her lead shrink with less than one month until the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a>
What Happened: Harris has had the lead over Trump in<a href="https://www.benzinga.com/topic/election-poll"> many election polls </a>and until recent weeks saw her election betting odds and<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41284530/trump-widens-lead-over-harris-in-betting-odds-on-prediction-markets-sets-a-new-high-on-cry"> prediction market odds</a> top the former president.
A new Morning Consult <a href="https://pro.morningconsult.com/trackers/2024-presidential-election-polling">poll </a>of likely voters shows Harris' lead dropping from a record high six points last week. Harris maintains a lead, something she has been able to accomplish most weeks since President Joe Biden dropped out of the election race.
The new poll shows the following results from voters, with results from<a href="https://www.benzinga.com/general/politics/24/10/41241771/harris-vs-trump-vice-president-hits-record-lead-in-2024-election-poll-but-independent-voters-cou"> the Oct. 8 poll </a>in parentheses:
<ul>
<li>Kamala Harris: 50% (51%)</li>
<li>Donald Trump: 46% (45%)</li>
<li>Someone Else: 2% (2%)</li>
<li>Don't Know: 2% (2%)</li>
</ul>
The poll also found that 94% of Democrats backed Harris as their top pick, in line with last week's poll. The poll also found 92% of Republicans backed Trump as their top pick, in line with last week's poll.
Independent voters selected the following as their head-to-head preference, with the results from the Oct. 8 poll in parentheses:
<ul>
<li>Kamala Harris: 46% (45%)</li>
<li>Donald Trump: 42% (44%)</li>
<li>Someone Else: 6% (5%)</li>
<li>Don't Know: 6% (5%)</li>
</ul>
The vice president also has the edge in the 18-34 age voters demographic, leading 55% to 43%. The 12-point lead is higher than last week's 10-point advantage, but down from a lead of 15 points three weeks ago. &nbsp;
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent101524">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important:&nbsp;While Harris sees her lead drop from six points to four points, she still maintains an edge over the former president in the national poll of likely voters.
The vice president also saw her lead in the key Independent voters and young voters demographics grow from the prior poll. Independent voters remain a key demographic for the 2024 election and Harris has a four-point advantage after last week saw the vice president have a narrow one-point advantage.
The newest poll could show that <a href="https://www.benzinga.com/general/entertainment/24/10/41214476/will-kamala-harriss-media-blitz-including-60-minutes-and-call-her-daddy-improve-her-2024-el">Harris' media blitz </a>that included appearances on the Call Her Daddy podcast, "60 Minutes," "The Howard Stern Show," "The View" and taking part in a Town Hall may not have paid off in gaining support from voters.
With a gain in Independent and young voters, the media blitz may be working in gaining support from key demographics according the results though.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/24/10/41346351/cybersecurity-firm-warns-of-threats-to-2024-presidential-election-integrity">Cybersecurity Firm Warns Of Threats To 2024 Presidential Election Integrity</a></li>
</ul>
Photo: Shutterstock

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