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Permianville Royalty

Permianville Royalty Trust is a statutory trust which holds net profits interests in the profits from the sale of oil and natural gas production the sale of oil and natural gas production from primarily non-operated assets of both conventional properties in the States of Texas, Louisiana, and New Mexico as well as unconventional assets in the Permian and Haynesville basins.

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

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

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

<a href="https://www.benzinga.com/topic/kevin-oleary">Kevin O'Leary</a>, the outspoken investor known as <a href="https://www.benzinga.com/startups/24/09/40839130/were-looking-for-a-real-a-e-and-youre-in-kevin-oleary-on-how-he-got-his-infamous-shark-tank-role">&#8220;Mr. Wonderful&#8221; from Shark Tank</a>, didn't always plan on being a business mogul. His first love was something completely different: photography.&nbsp;
Fresh out of high school, Kevin dreamed of turning his passion into a career. He even set up a lab in his basement and was doing everything he loved. But his father had a harsh dose of reality for him.
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"You're not good enough and you'll starve to death," his dad bluntly told him. His father pushed him to go to college and earn a degree, telling him not to follow his heart. This tough love turned out to be some of the best advice Kevin could have received, even though it might have felt like his aspirations were being dashed.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">When I first wanted to be a photographer, My dad told me I wasn&#39;t good enough—I&#39;d starve. So, I got an MBA and ended up building and selling a company for $4.2 billion. It all came together—business, creativity, and the drive to win. I wouldn&#39;t change a thing. <a href="https://t.co/Xv8ttJFk2V">pic.twitter.com/Xv8ttJFk2V</a>
&mdash; Kevin O&#39;Leary aka Mr. Wonderful (@kevinolearytv) <a href="https://twitter.com/kevinolearytv/status/1836031341428633623?ref_src=twsrc%5Etfw">September 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Trending: General Motors and other leaders revealed to be<a href="https://www.benzinga.com/money/energyx"> investing in this revolutionary lithium start-up — allowing easy entry by launching at just $9.50/share with a $1,000 minimum.</a>
Kevin took his father's advice and went to college, eventually earning an MBA. Though it wasn't part of his original plan, this degree would later be a game-changer. He soon found a way to merge his passion for photography and production with his business skills, launching his first company, Special Event Television, which produced programming for East Coast hockey games.
That first venture set the stage for a highly successful career. Kevin and his co-founders eventually sold the company and Kevin used the money to start his next venture, a software business called Softkey, which he later sold for $4.2 billion.
Trending: Unlock a $400 billion opportunity by investing in the future of EV infrastructure on<a href="https://www.benzinga.com/money/dunamis-1"> this startup already valued at $50 million with just $500</a>.
Still in his mid-30s,<a href="https://www.benzinga.com/startups/24/09/40776473/it-was-boring-kevin-oleary-explored-every-beach-on-earth-after-he-first-got-rich-but-the-highs-and-l"> Kevin decided to retire</a> and live the kind of financially independent life that most of us can only imagine. He traveled the world, visiting the most beautiful beaches and other stunning locations. However, something unexpected happened – he found himself bored in spite of the luxury and endless travel. &#8220;I went to every beach on Earth,&#8221; he says, but after three years, &#8220;It was really boring.&#8221;
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The excitement of creating something, taking chances and participating in the business world was something he missed. Retirement proved unsatisfactory, even though it seemed like the ultimate goal.
Apart from his father giving him tough advice, Kevin also credits his mother for giving him some of the best financial advice he ever received. <a href="https://www.benzinga.com/general/24/05/39037170/shark-tanks-kevin-oleary-declares-the-best-advice-he-ever-received-from-his-mom-spend-the-interest-n">She taught him</a> and his brother a simple but effective lesson: "Boys, never spend the principal, only the interest." Although he didn&#8217;t fully understand it then, this lesson has guided him throughout his life and career.
Kevin O'Leary's life story shows that success typically doesn't follow a straight line but often involves following difficult-to-hear advice.
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Kevin O'Leary's Dad Warned Him He'd 'Starve To Death' If He Pursued His Passion. Getting An MBA Ended Up Changing His Life

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

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

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

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

Fed Rate Cut Fuels Market Rally Amidst Valuation Fears

In a recent podcast interview, Facebook founder Mark Zuckerberg shared his parenting philosophy, emphasizing the importance of individuality over fame.
What Happened: Zuckerberg recounted a conversation with his 7-year-old daughter August Chan Zuckerberg, where he encouraged her to aspire to be herself rather than a celebrity. This discussion was prompted by her desire to be like Taylor Swift.
According to a report <a href="https://www.businessinsider.com/mark-zuckerberg-taylor-swift-daughter-parenting-lesson-2024-9">by</a> Business Insider, Annie Wright, a therapist who works with affluent parents, praised Zuckerberg&#8217;s advice. She noted that parents often grapple with their children&#8217;s growing desire to become influencers. Wright urges parents to help their children cultivate a strong sense of self-worth and individuality, instead of pursuing popularity.
According to the outlet, Zuckerberg said in the interview, &#8220;I was like, &#8216;But you can&#8217;t. That&#8217;s not available to you. And she thought about it and she&#8217;s like, &#8216;Alright when I grow up I want people to want to be like August Chan Zuckerberg, and I was like, &#8216;Hell yeah. Hell yeah.'&#8221;
Wright also highlighted that children from high-achieving families often experience intense pressure to succeed, leading to feelings of inadequacy. She promotes the idea of parents downplaying goals like fame and having open dialogues about its drawbacks.
Also Read: <a href="https://www.benzinga.com/news/22/12/30195280/elon-musks-ex-girlfriend-grimes-says-mark-zuckerberg-wildly-under-qualified-to-run-metaverse">Elon Musk&#8217;s Ex-Girlfriend Grimes Says Mark Zuckerberg &#8216;Wildly Under Qualified&#8217; To Run Metaverse</a>
&#8220;His advice to his daughter to aspire to be herself, not Taylor Swift or some other icon, I do think it&#8217;s an important reminder for all parents,&#8221; Wright told the outlet.
Part of Zuckerberg&#8217;s parenting strategy includes assigning chores to his children, a practice Wright believes is an effective way to teach vital life skills, particularly in affluent families. 
She stated, &#8220;Chores create an understanding that rewards come from effort, not entitlement.&#8221;
Also Read: <a href="https://www.benzinga.com/general/entertainment/24/09/40869299/mother-sells-taylor-swift-tickets-over-stars-endorsement-of-kamala-harris-im-gonna-shake-it">Mother Sells Taylor Swift Tickets Over Star&#8217;s Endorsement Of Kamala Harris: &#8216;I&#8217;m Gonna Shake It Off, And I&#8217;m Done With You&#8217;</a>
Why It Matters: Zuckerberg&#8217;s parenting approach offers a unique perspective in a society where fame and celebrity status are often glamorized. His advice underscores the importance of self-worth and individuality, values that can help children navigate the pressures of growing up in high-achieving families. 
Furthermore, his emphasis on chores as a means to teach life skills provides a practical approach to parenting that encourages effort and discourages entitlement. 
This advice is particularly relevant in today&#8217;s digital age, where the allure of becoming an influencer can often overshadow the importance of personal growth and self-discovery.
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This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Social Media

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

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

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

Tech

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

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

Mark Zuckerberg Flaunts Watches Valued at a Cybertruck's Price

Many Americans are banking on working longer to make up for a <a href="https://www.benzinga.com/personal-finance/24/08/40295808/youre-40-50-or-60-do-you-know-how-much-you-should-have-saved-for-retirement-by-now">lack of retirement savings</a>. According to a recent CNBC and SurveyMonkey survey, about 27% of workers plan to stay employed during their retirement years to boost their income.&nbsp;
The poll, conducted in early August, included over 6,600 U.S. adults, split between retirees and those still in the workforce.
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It's a strategy that sounds solid at first glance. After all, staying employed into your 60s or 70s should allow you to continue earning money while giving your retirement savings more time to grow. But according to financial experts, this plan might not be as foolproof as it seems.
The Risk of Working Longer
While extending your working years is appealing, it doesn't always go according to plan. Health issues or unexpected layoffs can suddenly throw a wrench in those plans. "It sounds great on paper," said Philip Chao, founder of Experiential Wealth in Maryland. "But reality could be very different."
If workers are forced out of the job market sooner than expected, they may find themselves scrambling to stretch out their retirement savings, and that's where things can get tricky.
Trending: <a href="https://www.benzinga.com/money/charlie-munger-100k">Charlie Munger said if you want to be rich, &#8220;find a way to get your hands on $100,000&#8221; — here&#8217;s what he means.</a>
Early Retirement Happens More Often Than You Think
Data shows that many Americans end up retiring earlier than they intended. According to a Gallup poll, a consistent five-year gap exists between when people expect to retire and when they do. In 2023, for instance, non-retirees anticipated working until age 66, but most retirees had <a href="https://www.benzinga.com/personal-finance/24/04/38439971/should-you-begin-collecting-social-security-at-62-67-or-70-the-right-answer-may-depend-on-your-b">left the workforce by 62</a>.
This trend isn't new. Research from the <a href="https://www.ebri.org/docs/default-source/rcs/2023-rcs/rcs_23-fs-2.pdf?sfvrsn=708d392f_4#:~:text=The%20RCS%20has%20consistently%20found,'%20expectations%20and%20retirees'%20experiences.">Employee Benefit Research Institute</a> (EBRI) shows that 46% of retirees <a href="https://www.benzinga.com/personal-finance/24/06/39497325/the-average-millennial-expects-to-retire-before-60-why-many-think-this-is-unattainable">left the workforce earlier than planned</a>. So while a third of workers say they aim to retire at 70 or later – or maybe never – only 6% of retirees manage to stick around that long.
Trending: The number of ‘401(k)' Millionaires is up 43% from last year —<a href="https://www.benzinga.com/money/401k-millionaires"> Here are three ways to join the club.</a>
The "Escape Valve" That Might Not Work
Many Americans rely on the idea of pushing back retirement as a kind of "escape valve" for financial security. However, as Chao puts it, "saying it and doing it are two totally different things." He warns that this assumption could be a "very dangerous" gamble.
The reasons for those who retire earlier than expected are often out of their control. According to the EBRI survey, 35% retired early due to health issues or disabilities, while 31% faced company-related changes like layoffs.
Working longer seems like a simple solution to building up retirement funds, but reality is far more unpredictable. Life throws curveballs, and relying too much on a late retirement may not be the <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">safety net people think it is</a>. Having other options in place is crucial because sometimes, life has other plans.
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Personal Finance

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

The U.S. Securities and Exchange Commission (SEC) is preparing to reprimand Elon Musk for his absence from a scheduled hearing. This testimony is part of an ongoing investigation into Musk&#8217;s $44 billion acquisition of X, <a href="https://www.benzinga.com/news/24/08/40147580/heres-how-an-elon-musk-backed-pac-harnesses-voter-data-to-support-donald-trump">previously known as Twitter</a>.
What Happened: Musk was expected to testify before the SEC on September 10. However, Musk&#8217;s lawyer informed the SEC that Musk had to urgently travel to Cape Canaveral, Florida for the launch of SpaceX&#8217;s Polaris Dawn, thereby missing the testimony.
According to a report <a href="https://thehill.com/policy/technology/4891840-sec-reprimands-elon-musk-twitter/">by</a> The Hill, this is the second time Musk has failed to appear before the SEC in relation to the probe into his acquisition of the social media platform, now known as X.
&#8220;Musk has now failed to appear before the SEC twice: first in September 2023, in defiance of a lawful administrative subpoena, and last week, in defiance of a clear court order,&#8221; stated SEC&#8217;s lawyer Robin Andews in the court filing.
Alex Spiro, Musk&#8217;s lawyer, has labeled the SEC&#8217;s sanctions as &#8220;drastic&#8221; and confirmed that a new date for the testimony has been agreed upon. 
Also Read: <a href="https://www.benzinga.com/news/24/09/40866970/new-book-reveals-elon-musks-twitter-buy-fumble-and-mix-up-over-grimes-baby-name">New Book Reveals Elon Musk&#8217;s Twitter Buy Fumble And Mix-Up Over Grimes&#8217; Baby Name</a>
He emphasized that the rescheduling was due to a &#8220;critical&#8221; rocket launch and dismissed concerns of a similar emergency happening in the future.
Meanwhile responding to SEC&#8217;s claim Musk went on X and said that &#8216;actual crimes go unpunished&#8217;. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">While actual crimes go unpunished
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1837387386637930896?ref_src=twsrc%5Etfw">September 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The SEC&#8217;s reprimand of Musk underscores the regulatory body&#8217;s commitment to enforcing compliance, even when dealing with high-profile individuals like Musk. 
This incident also highlights the challenges Musk faces in balancing his responsibilities as CEO of Tesla and his other ventures, such as SpaceX. 
The SEC&#8217;s ongoing probe into Musk&#8217;s acquisition of Twitter, now X, is a significant event, given the size of the deal and the potential implications it could have on the social media landscape. 
The outcome of this investigation could set a precedent for future tech acquisitions and regulatory compliance.
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This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

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

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

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

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

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

TSLA

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

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

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

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

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

Cannabis

Government

Regulations

Legal

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

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

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

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

Solid global demand for oil & gas and tight supplies amid OPEC+ extended production cuts and enhanced geopolitical instability are boosting energy prices. Hence, investors could keep an eye on promising energy stocks Dorchester Minerals (DMLP), Profire Energy (PFIE), and Permianville Royalty (PVL) poised for success. Read more… The energy market is well-poised for continued growth due to growing global energy needs amid rapid industrialization &amp; urbanization and several technological advancements. Thus, investors could consider monitoring the top three energy stocks Dorchester Minerals, L.P. (<a href="https://stocknews.com/stock/DMLP/">DMLP</a>), Profire Energy, Inc. (<a href="https://stocknews.com/stock/PFIE/">PFIE</a>), and Permianville Royalty Trust (<a href="https://stocknews.com/stock/PVL/">PVL</a>).
<a href="https://www.reuters.com/business/energy/oil-prices-edge-higher-after-us-stocks-build-less-than-expected-2024-03-07/">Oil prices held steady</a> recently, buoyed by upbeat Chinese trade data and smaller-than-expected increases in U.S. crude inventories. In addition, the escalating geopolitical tension in the Middle East, coupled with the Houthi group's attack on Red Sea shipping, has boosted oil prices.
The Organization of the Petroleum Exporting Countries (OPEC), in its monthly oil market report, forecasts solid oil demand growth. OPEC expects the world demand for oil to <a href="https://www.reuters.com/business/energy/opec-sticks-oil-demand-view-sees-better-economic-growth-2024-02-13/">increase by 2.25 million barrels per day (bpd) this year</a> and another 1.8 million bpd in 2025, on the back of a strengthening Chinese economy.
Besides, to stabilize the oil market, OPEC+ extended voluntary cuts of <a href="https://www.opec.org/opec_web/en/press_room/7305.htm">2.20 million barrels per day</a> for the second quarter of 2024, with gradual returns expected alongside Russia's additional cuts.
Talking about the natural gas sector, the U.S. natural gas consumption hit a new monthly record of over 118 Bcf/d In January, driven by the electric power sector. A burst of cold weather boosted demand for heating and lowered natural gas production, which led to high inventory withdrawals.
The Energy Information Administration (EIA) forecasts that <a href="https://www.eia.gov/pressroom/releases/press551.php#:~:text=The%20electric%20power%20sector%20hit,in%202024%20than%20in%202023.">U.S. natural gas production will increase in February</a>, reaching 105 Bcf/d by March as weather-related disruptions subside. This level is expected to be maintained for the remainder of the year. Additionally, dry natural gas production is anticipated to increase in 2025, averaging more than 106 Bcf/d.
Furthermore, the global crude oil and natural gas market is experiencing significant growth due to increased energy demand and technological advancements. The global natural gas market is expected to grow at a CAGR of 3.7% to reach <a href="https://finance.yahoo.com/news/natural-gas-market-size-worth-165800998.html">$443.80 trillion in 2032</a>. Meanwhile, the global crude oil market is projected to expand at a <a href="https://www.thebusinessresearchcompany.com/report/crude-oil-global-market-report">CAGR of 5.1%</a> to hit $3.66 trillion by 2028.
Digital oilfield technology has been used by oil and gas extraction companies lately to improve oil and gas production. New digital technologies in oil fields include high-performance drill bits, 3D seismic imaging and reservoir modelling, and advanced electrical submersible pumps.
Considering these favorable industry trends, let's discuss the fundamentals of three energy stock picks: DMLP, PFIE, and PVL.
Dorchester Minerals, L.P. (<a href="https://stocknews.com/stock/DMLP/">DMLP</a>)
DMLP acquires and manages natural gas and crude oil royalty interests across the United States, encompassing both producing and non-producing properties. Its portfolio spans 592 counties and parishes in 28 states, including mineral, royalty, net profit, and leasehold interests.
On February 8, 2024, DMLP paid a fourth-quarter 2023 cash distribution of $1.007874 per common unit. The company pays $3.52 annually, which translates to a yield of 11.30% on the prevailing price level, higher than its four-year average dividend yield of 11.13%.
The company's dividend payouts have grown at a CAGR of 40.4% and 13.5% over the past three and five years, respectively. Moreover, DMLP boasts an 18-year record for consecutive years of dividend payments.
On November 7, 2023, DMLP completed a lease transaction in the Midland Basin, leasing 243 net acres in Reagan County, Texas, for $30,000 per acre with a 25% royalty. The company also amended an existing lease on two tracts for $18,750 per acre. The resulting payment of approximately $11.8 million will be distributed to unitholders in the fourth quarter.
DMLP's trailing-12-month levered FCF margin of 61.97% is 893.5% higher than the industry average of 6.24%. Likewise, the stock's trailing-12-month <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp">ROTA</a> of 57.78% is 751.3% higher than the 6.79% industry average.
DMLP reported total operating revenues of $163.80 million in the fiscal year that ended December 31, 2023. Total cash flows provided by investing activities rose year-over-year to $2.28 million and $47.03 million. As of December 31, 2023, the company's total assets amounted to $191.07 million, compared to $176.24 million as of December 31, 2022.
DMLP's shares have gained 9.9% over the past six months to close the last trading session at $31.14. Also, it surged marginally intraday.
DMLP's <a href="https://stocknews.com/powr-ratings/">POWR</a><a href="https://stocknews.com/powr-ratings/"> Ratings</a> reflect this promising outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted optimally.
The stock has an A grade for Quality and a B for Momentum. In the A-rated <a href="https://stocknews.com/category/oil-gas-mlps/">MLPs - Oil &amp; Gas</a> industry, DMLP is ranked #7 among 24 stocks.
To access additional ratings for DMLP's Growth, Value, Stability, and Sentiment, <a href="https://stocknews.com/stock/DMLP/">click here</a>.
Profire Energy, Inc. (<a href="https://stocknews.com/stock/PFIE/">PFIE</a>)
PFIE offers burner and combustion management systems tailored for the oil and gas industry in North America, with expansion into global markets. The company's solutions cater to natural and forced draft applications across upstream, midstream, and downstream segments.
PFIE's trailing-12-month ROTA of 15.17% is 123.5% higher than the industry average of 6.79%. Also, the stock's trailing-12-month asset turnover ratio of 1.03x is 94.3% higher than the 0.53x industry average.
During the third quarter, which ended September 30, 2023, PFIE's total revenues grew 15.6% from a year-ago quarter to $14.83 million. The company's income from operations and net income rose 20.1% and 68.4% from the previous-year quarter to $2.54 million and $2.04 million, respectively. Moreover, its EBITDA increased 19.1% year-over-year to $2.85 million.
Street expects PFIE's revenue and EPS to grow 26.5% and 131.3% year-over-year to $58.10 million and $0.19, respectively, for the fiscal year ending December 2023. In addition, the company topped consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
PFIE's stock has surged 24.1% over the past year and 11.6% over the past nine months to close the last trading session at $1.44.
PFIE's POWR Ratings reflect its strong prospects. The stock has an overall B rating, translating to a Buy in our proprietary rating system.
The stock has an A grade for Value and a B for Sentiment and Quality. Within the <a href="https://stocknews.com/category/energy-services/">Energy - Services</a> industry, PFIE is ranked #7 out of 50 stocks.
<a href="https://stocknews.com/stock/PFIE/">Click here</a> to see PFIE's ratings for Growth, Momentum, and Stability.
Permianville Royalty Trust (<a href="https://stocknews.com/stock/PVL/">PVL</a>)
PVL is a statutory trust that acquires and holds net profits interest, entitling it to 80% of the profits from oil and natural gas sales. Its operations focus on properties located in the states of Texas, Louisiana, and New Mexico, generating revenue from the sale of oil and gas production.
On February 16, 2024, PVL reported a net profits interest calculation for February 2024, reflecting oil production of 34,461 barrels and natural gas production of 240,007 Mcf. Despite a monthly shortfall of approximately $1.25 million, the company anticipates positive net profits later in 2024 based on current commodity prices.
On November 22, 2023, PVL paid a special cash distribution to the holders of its units of beneficial interest of $0.077250 per unit.
In terms of trailing-12-month P/E, PVL is trading at 3.29x, 69.1% lower than the industry average of 10.62x. The stock's trailing-12-month EV/EBIT multiple of 3.11 is 65.7% lower than the industry average of 9.07. Also, its trailing-12-month Price/Book of 0.80x is 49.2% lower than the industry average of 1.57x.
In the third quarter, which ended September 30, 2023, PVL reported total gross profits and net profits of $13.99 million and $3.56 million, respectively. The company's total costs decreased 19.9% year-over-year to $10.73 million. It posted a distributable income of $2.48 million for the quarter.
The stock has declined 13.2% over the past month to close the last trading session at $1.38.
PVL's POWR Ratings reflect this robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
It has a B grade for Value, Momentum, Sentiment, and Quality. Among the 84 stocks in the <a href="https://stocknews.com/category/energy-oil-gas/">Energy - Oil &amp; Gas</a> industry, it is ranked #5.
In addition to the POWR Ratings stated above, access PVL's Growth and Stability ratings <a href="https://stocknews.com/stock/PVL/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
DMLP shares were unchanged in premarket trading Thursday. Year-to-date, DMLP has gained 0.87%, versus a 7.25% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/dmlp-pfie-pvl-surge-into-success-with-3-energy-stocks-to-watch/>Surge Into Success With 3 Energy Stocks to Watch</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Surge Into Success With 3 Energy Stocks to Watch

Permianville Royalty Trust (PVL) stock is down -38.91% over the last 12 months. InvestorsObserverâ€&#x2122;s proprietary ranking system, gives PVL stock a score of  5 out of a possible 100. That rank is chiefly influenced by a short-term technical score of 3. PVL's rank also includes a long-term technical score of 13.  PVL has an O

Should You Accumulate Permianville Royalty Trust (PVL) Stock Tuesday?

VIVK, PVL among major energy gainers; INDO, UUUU among major losers

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
For income investors, the only thing that&rsquo;s better than a quarterly dividend payment is a monthly dividend payment. And that consistency of a regular, frequent payout makes monthly <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a> so appealing.



Companies that offer a monthly dividend aren&rsquo;t as common as the quarterly dividend companies. While there are hundreds of dividend stocks, only a select 80 pay out on a monthly basis.



Why is that a big deal? It depends on what you&rsquo;re doing with the money.



If you&rsquo;re using your monthly dividend payment as income, then a monthly payout makes sense. You can budget your monthly expenses knowing that you have a regular check coming. It&rsquo;s easier.



If you&rsquo;re investing your dividend payout back into your account, a monthly payout also makes sense. The sooner you get a check, the sooner you can put it into equities and grow your accounts. I would much rather get a smaller dividend check each month so I can put that money to work right away, then wait for a quarterly check.



We&rsquo;re using the Dividend Grader to identify the best monthly dividend stocks you can buy . With rankings determined by the stock&rsquo;s payout, consistency, and payout ratio, the Dividend Grader is an ideal tool to help income investors find the best of the best.



<h2>PennantPark Floating Rate Capital (PFLT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividend1600-300x169.jpg" alt="6 Monthly Dividend Stocks to Buy"><div>Source: Shutterstock</div></div>PennantPark Floating Rate Capital (NYSE:<a href="https://investorplace.com/stock-quotes/pflt-stock-quote/">PFLT</a>) is a business development company, which is a business structure that&rsquo;s ideally suited for monthly dividend stocks. 



BDCs are like real estate investment trusts in that they are required to distribute 90% of their income to shareholders.



PennantPark is a Miami-based company that prioritizes investing in companies that are owned by established middle market private equity sponsors.



It currently invests in <a href="https://www.pennantpark.com/selected-investments/">15 companies</a>, including marketing firms, a veterinarian, a health care provider and an insurance company.



PennantPark brought in $19.1 million in income in the first quarter, or 31 cents per share, and pays a monthly dividend yield of 10.8%.



PFLT stock gets &ldquo;B&rdquo; ratings in both the Portfolio Grader and the Dividend Grader.



<h2>Main Street Capital (MAIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/dividend-stocks-to-buy-300x169.jpg" alt='dividend stocks: A calculator projecting the word "DIVIDEND" rests on a pile of gold and silver coins.'><div>Source: Shutterstock</div></div>Main Street Capital (NYSE:<a href="https://investorplace.com/stock-quotes/main-stock-quote/">MAIN</a>) is purely an equity firm. It invests in lower and middle market companies, with its most recent investment being Heritage Vet Partners, which it invested <a href="https://www.mainstcapital.com/investors/news-events/press-releases/detail/2683/main-street-announces-follow-on-investment">$25.9 million</a> to help it acquire a Texas mixed animal practice.



Main Street currently has <a href="https://www.mainstcapital.com/portfolio-companies/lower-middle-market">dozens of investments</a> and has supported over 200 companies throughout the course of its business.



The first quarter saw net investment income of $89.8 million and $1.05 per share, up from $80.9 million and $1.02 per share.



MAIN stock provides a monthly dividend yield of 5.8%. It gets an &ldquo;A&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.



<h2>Gladstone Investment Corp. (GAIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/strong_gains_1600-300x169.png" alt="Sales increase, investment growth or earning and profit rising up, salary or revenue growing, financial prosperity concept, strong businessman investor carry golden money coin walk up rising up graph. stocks to buy"><div>Source: eamesBot / Shutterstock.com</div></div>Gladstone Investment Corp. (NASDAQ:<a href="https://investorplace.com/stock-quotes/gain-stock-quote/">GAIN</a>) is another business development company. It has a specialized strategy of investing in mature lower middle market companies that have earnings before interest, taxes, depreciation, and amortization between $4 million and $15 million.



That focused strategy has Gladstone investing in <a href="https://www.gladstoneinvestment.com/portfolio/current-investment-portfolio">24 companies currently</a>, including business and consumer services firms, consumer product companies and manufacturers.



The company saw <a href="https://www.gladstoneinvestment.com/newsroom/press-releases/detail/390/gladstone-investment-corporation-reports-financial-results">total</a> income of $23.6 million in the fourth quarter of fiscal 2024, up 2.5% from a year ago. Net income dropped from $9.7 million and 28 cents per share a year ago to $5.3 million and 15 cents per share, with management attributing the difference to an increase in total expenses, net of credits.



However, GAIN still pays a solid dividend yield of 6.7%. It gets &ldquo;B&rdquo; ratings in the Portfolio Grader and the Dividend Grader.



<h2>Cross Timbers Royalty Trust (CRT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/growthstocks1600-300x169.png" alt="Coins stack of money on saving, the step of the financial stock market, graph and rows of coins, business investment on a green background, Economy stock market growth of financial recovery. Growth stocks"><div>Source: C H A L N / Shutterstock.com</div></div>That brings us to another type of investment that is a popular avenue for monthly dividend stocks. Royalty trusts own the rights to specific assets, like mineral rights or natural gas reserves.



It collects royalties from the companies that are mining those reserves, and then distributes them as monthly dividends that are usually very attractive.



Cross Timbers Royalty Trust&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/crt-stock-quote/">CRT</a>) was formed in 1991 to convey royalties from XTO Energy&rsquo;s ownership of gas properties in the San Juan Basin of New Mexico and oil interests in Texas and Oklahoma.



In 2023, Cross Timbers reported profits of $12.3 million, down slightly from 2022. It paid a <a href="https://crt-crosstimbers.com/wp-content/uploads/2024/04/CRT_annual_2023.pdf">monthly average dividend</a> of 15.3 cents per share, up from 15.2 cents a year ago.



CRT offers a dividend yield of 10.4% &mdash; but keep in mind that as a royalty trust, CRT is a pass-through entity, and shareholders pay federal income taxes on the disbursements.



CRT gets a &ldquo;C&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.



<h2>Gladstone Land Company (GLAD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividends-definition-300x169.jpg" alt='The word "dividend" highlighted in a dictionary.'><div>Source: Shutterstock</div></div>Gladstone Land Company (NYSE:<a href="https://investorplace.com/stock-quotes/glad-stock-quote/">GLAD</a>) is another BDC, but this specializes in farmland. It has operations on the West Coast, in the southeast U.S. and in Texas, New Jersey, Maryland, Michigan, Arizona, Nebraska and Colorado.



Gladstone is actively working to increase its holdings, offering to purchase farms and rent them back to farmers, or to buy properties with farming tenants already in place.



Net income in the first quarter was $7.4 million and 21 cents per share, up from $5.9 million and 17 cents per share in the same quarter a year ago.



Gladstone also increased its distributions to shareholders for the 34th time in 37 quarters, giving investors some security that those dollars will continue to roll in.



GLAD stock provides a dividend yield of 8.9% and gets &ldquo;B&rdquo; ratings in the Portfolio Grader and the Dividend Grader.



<h2>U.S. Global Investors (GROW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/growthstocks_1600_02-300x169.jpg" alt="Hand of woman watering small plant in pot shaped like growing graph representing growth stocks. Sleeper Growth Stocks"><div>Source: Khakimullin Aleksandr / Shutterstock</div></div>While it&rsquo;s fun to manage your own investments, there are plenty of companies that will do the job for you. And at least one of them is a good monthly dividend stock.



U.S. Global Investors (NASDAQ:<a href="https://investorplace.com/stock-quotes/grow-stock-quote/">GROW</a>) is an investment management company that manages eight no-load mutual funds that focus on emerging markets, precious metals, bonds and domestic funds.



It also has two exchange-traded funds that invest in the airline industry and precious metal miners.



Revenue in what was acknowledged as a challenging first quarter was $2.59 million, down from $3.64 million a year ago. Management noted that borrowing costs continue to be high as the Federal Reserve keeps interest rates higher, but the company also <a href="https://www.usfunds.com/resource/u-s-global-investors-reports-resilient-results-for-a-challenging-march-quarter-expands-brand-in-the-u-k/">repurchased</a> 211,000 shares to provide additional value to shareholders.



GROW stock has a dividend yield of 3.4%, and gets a &ldquo;C&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.



<h2>Permianville Royalty Trust (PVL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/dividend-stocks1600-3-300x169.png" alt="Stock market data on digital LED display. A daily market price and quotation of prices chart and candle stick tracking for Forex trading. Financial data on the digital screen as concept. Dividend stocks"><div>Source: Things / Shutterstock.com</div></div>Permianville Royalty Trust (NYSE:<a href="https://investorplace.com/stock-quotes/pvl-stock-quote/">PVL</a>) is another royalty trust on our list. The company has the right to 80% of profits from the sale of oil and natural gas production from locations in Texas, Louisiana and New Mexico. It also has some assets in the Permian and Haynesville basins.



In April, the company saw sales volumes of 100,185 barrels of oil and 354,556 cubic feet of natural gas. While both of those were significant increases from March, Permianville isn&rsquo;t paying a distribution in May because elevated capital expenses resulted in a deficit of $1.9 million.



Payouts will resume when the deficit, which is now roughly $4.5 million, is cleared.



But when that payout resumes, it will be significant. PVL provides a monthly dividend yield typically of 22.2%. And it gets a &ldquo;C&rdquo; rating in the Portfolio Grader and an &ldquo;A&rdquo; rating in the Dividend Grader.



On the date of publication, neither Louis&nbsp;Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article.
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The post <a href="https://investorplace.com/market360/2024/05/7-monthly-dividend-stocks-for-your-may-buy-list/">7 Monthly Dividend Stocks for Your May Buy List</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Monthly Dividend Stocks for Your May Buy List

Permianville Royalty Trust declares $0.011 dividend

Permianville Royalty Trust declares $0.035 dividend

Permianville Royalty Trust declares $0.014 dividend

DMLP

GAIN

GLAD

GROW

INDO

MAIN

NINE

PFIE

PFLT

UUUU

VIVK

Press Releases

Permianville Royalty Trust Announces Monthly Operational Update

Permianville Royalty Trust Announces Filing of Annual Report on Form 10-K

Permianville Royalty Trust Announces Monthly Cash Distribution

Amplify Energy

Battalion Oil

BP Prudhoe Bay Royalty Trust Common Stock

BP Prudhoe Bay

Barnwell Industries

Cross Timbers Royalty

Empire Petroleum Corporation Common Stock

Empire Petroleum

Evolution Petroleum Corporation, Inc. Common Stock

Evolution Petroleum

Gran Tierra Energy

Houston American Energy Corporation Common Stock

Houston American Energy

Indonesia Energy Corporation Limited Ordinary Shares

Indonesia Energy Corp

Marine Petroleum Trust - Units of Beneficial Interest

Marine Petroleum Trust

Mesa Royalty

MV Oil Trust Units of Beneficial Interests

MV Oil

Mexco Energy

North European Oil Royality Trust Common Stock

North European Oil

PEDEVCO

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Permianville Royalty

Permianville Royalty (PVL) Forecast

Permianville Royalty (NYSE:PVL) Stock, Quote.Headers.trade-ideas