Qualitas Controladora (OTC:QUCOF) Stock, Quote.Headers.trade-ideas

Qualitas Controladora SAB de CV is a property and casualty insurance company. The company operates three segments: fleets, financial institutions, and other; individual; and foreign. The vast majority of the company's revenue is generated by its fleets, financial institutions, and other segment. This segment provides insurance for automobiles, heavy equipment, and mechanical breakdowns. Qualitas generates its revenue in Mexico. The company considers merger and acquisition investment as a component of its operational growth strategy.

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Stocks That Hit 52-Week Highs On Wednesday

QUALITAS CONTROLADRA SAB by Qualitas Controladora SAB De CV

Qualitas Controladora SAB de CV

This week, the Federal Reserve's decision to reduce interest rates by 50 basis points boosted share prices across the technology, construction, <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40937291/bank-stocks-hit-inflection-point-after-feds-50-basis-point-cut-analyst-reveal-top-p" rel="noreferrer noopener">industrial, machinery, and financial sectors</a>.
These seven mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Edgewise Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWTX#NASDAQ">EWTX</a>) shares rocketed 50.19% after the company announced topline data of EDG-7500 from the Phase 1 trial in healthy subjects and the single-dose arm of the Phase 2 CIRRUS-<a href="https://www.benzinga.com//node/40940696" target="_blank" rel="noreferrer noopener">HCM trial in patients with obstructive HCM</a>.</li>
<li>Bausch + Lomb Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>) stock gained 28.36% after <a href="https://www.benzinga.com//node/40884021" target="_blank" rel="noreferrer noopener">reportedly considering a sale</a>.</li>
<li>Bausch Health Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHC#NYSE">BHC</a>) shares upped 27.06%. The company's subsidiary Bausch + Lomb Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>) <a href="https://www.benzinga.com//node/40884021" target="_blank" rel="noreferrer noopener">is reportedly considering a sale</a>.</li>
<li>Ascendis Pharma A/S (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASND#NASDAQ">ASND</a>) stock gained 26.87% last week after the company announced <a href="https://www.benzinga.com//node/40882593" target="_blank" rel="noreferrer noopener">topline data from</a> its pivotal approach trial of a rare dwarfism candidate.</li>
<li>Nuvalent Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUVL#NASDAQ">NUVL</a>) stock gained 23.50% after the company <a href="https://www.benzinga.com//node/40865049" target="_blank" rel="noreferrer noopener">highlighted results for its ROS1 and ALK-Positive NSCLC programs</a> and accelerated its development timeline. The company also announced a $350 million public offering, and multiple firms raised their respective <a href="https://www.benzinga.com/quote/nuvl/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) stock gained 22.61% last week as stocks in the broader industrial space jumped following the Fed's announcement to cut rates by 50 basis points, which could support investment and economic growth.</li>
<li>GDS Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) shares jumped 21.28%.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40972008/constellation-energy-li-auto-and-carvana-are-among-top-11-large-cap-gainers-last-week-sept-16-sept" target="_blank" rel="noreferrer noopener">Constellation Energy, Li Auto And Carvana Are Among Top 11 Large Cap Gainers Last Week (Sept 16-Sept 20): Are The Others In Your Portfolio?</a></li>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40972060/novo-nordisk-chewy-and-fedex-are-among-top-10-large-cap-losers-last-week-sept-15-sept-21-are-the-o" target="_blank" rel="noreferrer noopener">Novo Nordisk, Chewy And FedEx Are Among Top 10 Large Cap Losers Last Week (Sept 15-Sept 21): Are The Others In Your Portfolio?</a></li>
</ul>
Photo by JHVEPhoto via Shutterstock

Mid Cap

ASND

BLCO

EWTX

NUVL

POWL

Bausch & Lomb And Edgewise Therapeutics Are Among Top 7 Mid Cap Stock Gainers Last Week (Sept 15-Sept 21): Are The Others In Your Portfolio?

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) stock declined 23.61%. The company announced that data for the novel, potential first-in-class investigational bispecific antibody, ivonescimab, was presented <a href="https://www.benzinga.com//node/40873837" target="_blank" rel="noreferrer noopener">at the 2024 ESMO Annual Meeting</a>.</li>
<li>Joint Stock Company Kaspi.kz (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSPI#NASDAQ">KSPI</a>) stock tumbled 21.66% after Culper Research <a href="https://www.benzinga.com//node/40943334" target="_blank" rel="noreferrer noopener">issued a short report on the company</a>.</li>
<li>BioMarin Pharmaceutical Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMRN#NASDAQ">BMRN</a>) stock lost 16.74% last week <a href="https://www.benzinga.com//node/40885653" target="_blank" rel="noreferrer noopener">following strong dwarfism drug data</a> from rival Ascendis Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASND#NASDAQ">ASND</a>).</li>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) lost 13.26% <a href="https://www.benzinga.com//node/40961732" target="_blank" rel="noreferrer noopener">last week</a>.</li>
<li>FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) stock fell 11.08% after the company reported worse-than-expected Q1 financial results and <a href="https://www.benzinga.com//node/40948046" target="_blank" rel="noreferrer noopener">cut FY25 guidance</a>.</li>
<li>BioNTech SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) stock decreased 9.01%. Pfizer, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) and BioNTech received positive CHMP opinion for omicron KP.2-adapted <a href="https://www.benzinga.com//node/40956192" target="_blank" rel="noreferrer noopener">COVID-19 vaccine in the European Union</a>.</li>
<li>Arthur J. Gallagher &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>) stock fell 7.17%. Several analysts raised <a href="https://www.benzinga.com/quote/ajg/analyst-ratings" target="_blank" rel="noreferrer noopener">the price target on the stock</a>.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) shares declined 6.97% after the company announced a selling stockholder&#8217;s public offering of shares <a href="https://www.benzinga.com//node/40949015" target="_blank" rel="noreferrer noopener">and a concurrent share repurchase</a>.</li>
<li>Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) stock fell 6.93% after <a href="https://www.benzinga.com//node/40961934" target="_blank" rel="noreferrer noopener">headline results from the mid-stage study</a> of monlunabant in obese patients.</li>
<li>Murphy USA Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSA#NYSE">MUSA</a>) shares fell 6.90% after JP Morgan downgraded the stock from Neutral to Underweight but raised its <a href="https://www.benzinga.com/quote/musa/analyst-ratings" target="_blank" rel="noreferrer noopener">price target from $415 to $435</a>.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40972008/constellation-energy-li-auto-and-carvana-are-among-top-11-large-cap-gainers-last-week-sept-16-sept" target="_blank" rel="noreferrer noopener">Constellation Energy, Li Auto And Carvana Are Among Top 11 Large Cap Gainers Last Week (Sept 16-Sept 20): Are The Others In Your Portfolio?</a></li>
</ul>
Photo via Shutterstock

Large Cap

BMRN

BNTX

CHWY

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MUSA

RIVN

SMMT

Novo Nordisk, Chewy And FedEx Are Among Top 10 Large Cap Losers Last Week (Sept 15-Sept 21): Are The Others In Your Portfolio?

Many people in their 20s deal with credit card debt or student loans, sometimes thinking they'll figure it out later. But what happens when that debt piles up to nearly a million dollars? That's the reality a 29-year-old named Channing from Washington D.C. faced during an episode of <a href="https://www.benzinga.com/personal-finance/24/09/40838359/dave-ramsey-says-youre-wasting-5-000-a-year-if-you-spend-13-70-a-day-on-things-you-dont-need">The Dave Ramsey Show.</a>
Don't Miss:
<ul>
<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>Can you guess how many retire with a $5,000,000 nest egg? &#8211;<a href="https://www.benzinga.com/money/retire-5mil-nest-egg"> How does it compare to the average?</a></li>
</ul>
Channing and her husband were grappling with nearly $1 million in debt, a number that had Ramsey quickly diving into tough-love mode. Sure, he's seen scenarios where people are in over their heads with debt, but at just 29, this was particularly alarming to Ramsey.&nbsp;
Channing, who recently married, explained, "My husband and I have probably just under a million dollars in debt and we want to know how to get debt-free without filing for bankruptcy." The breakdown included <a href="https://www.benzinga.com/personal-finance/24/08/40420920/we-have-the-highest-credit-card-debt-in-the-history-of-earth-says-grant-cardone-america-needs-to">$335,000 in student loans</a>, $136,000 in credit cards and $44,000 in personal loans. Their combined household income was about $230,000 a year.
Trending: Founder of Personal Capital and ex-CEO of PayPal<a href="https://www.benzinga.com/money/evergreen-money"> re-engineers traditional banking with this new high-yield account — start saving better today.</a>
Ramsey didn't hold back. After calculating the staggering numbers, he addressed the couple's situation bluntly. "You guys have been living at about 10x where you're going to get to live for the next three years," Ramsey said. "I'm getting ready to destroy your life as you know it."
"You've gotten used to spending like you&#8217;re in Congress," he scolded. He was clear that their lifestyle needed a complete overhaul. Ramsey emphasized that their financial habits would have to change drastically, stating, "You're not gonna see the inside of a restaurant unless it's your extra job or you're waiting on someone you work with during the day." He added, "You're gonna be living on beans and rice, rice and beans."
See Also: <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>
Ramsey went on to stress the emotional and spiritual challenges ahead. "Your friends are going to think you've lost your mind and your mother is going to think you need counseling," he warned, adding that both Channing and her husband would need to stop caring what others think if they wanted to tackle their debt successfully.
He also shared a <a href="https://www.benzinga.com/personal-finance/24/03/37588475/dave-ramsey-shares-he-went-bankrupt-and-lost-everything-years-ago-while-empathizing-with-caller-">personal connection to their situation</a>, saying, "This is exactly what I did in my 20s. I bought and purchased a lifestyle that was 5x to 10x what I had. It was all because of crap inside of me that caused me to do that."
Trending: Elon Musk&#8217;s secret mansion in Austin revealed through court filings.<a href="https://www.benzinga.com/money/elon-musk-secret-mansion-austin-nada"> Here&#8217;s how to invest in the city&#8217;s growth before prices go back up.</a>
Ramsey's advice wasn't just about cutting expenses but about confronting the mindset that had led to their financial missteps. "The problem is what's going on inside you guys," Ramsey said. "You're on a suicide mission right now."
The tough conversation ended on a hopeful note, though. Ramsey assured Channing that while the journey would be difficult, it was possible. "You can do it, though," he said. "I know. I'll help you."
Channing and her husband are now facing a major lifestyle change to climb out of their nearly $1 million debt, with Dave Ramsey's guidance <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">pointing them toward a more financially stable future</a>. Sometimes debt happens, but at least they're taking steps to address the issue and make changes before they're left resorting to more extreme options such as bankruptcy.
Read Next:
<ul>
<li>How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.</li>
<li>During market downturns, investors are learning that unlike equities, these<a href="https://www.benzinga.com/money/connect-invest-real-estate-notes"> high-yield real estate notes that pay 7.5% &#8211; 9% are protected by resilient assets, buffering against losses.</a></li>
</ul>

Personal Finance

Dave Ramsey Tells 29-Year-Old $1M In Debt And Spending Like She's In Congress: 'I'm Getting Ready To Destroy Your Life As You Know It'

Elon Musk, the billionaire who runs ventures such as Tesla, SpaceX and Neuralink, is a polarizing figure. The billionaire recently <a href="https://www.benzinga.com/news/24/09/40968413/elon-musk-reacts-after-cathie-wood-labels-gavin-newsoms-threat-to-sue-tesla-ceo-over-memes-unconstit">earned the wrath of California Gov. Gavin Newsom </a>over artificial intelligence political deepfake videos shared on X social-media platform but has received commendation from a congressman from the state.
Amazing Company: Rep. Kevin Kiley (R-Calif.) applauded Musk&#8217;s SpaceX for its Polaris Dawn mission in a speech at the House and also voiced concerns regarding the regulatory clampdown on the company, a video clip of the speech shared by an X platform user <a href="https://x.com/DimaZeniuk/status/1837599107327619318">showed.</a>
Polaris Dawn, a private crewed spaceflight&nbsp;operated by&nbsp;SpaceX&nbsp;on behalf of&nbsp;Shift4&nbsp;CEO&nbsp;Jared Isaacman, was launched on Sept. 10. Isaacman and his crew of three, namely Scott Poteet,&nbsp;Sarah Gillis&nbsp;and&nbsp;Anna Menon, flew in an&nbsp;elliptic orbit&nbsp;that took them 1,400 kilometers away from Earth, the farthest anyone has been since NASA&#8217;s&nbsp;Apollo program. The crew also performed the first commercial spacewalk. 
Talking about SpaceX, Kiley said it was started in California and that he had the opportunity to tour its facility a few years back. It truly is an amazing company and is vital to the U.S.&#8217; leadership when it pertains to space and is also vital to the national security, he said. He also noted that NASA is now relying on SpaceX to bring home <a href="https://www.benzinga.com/markets/equities/24/08/40541938/nasa-chooses-spacex-over-boeing-for-stranded-astronauts-return-starliners-future-in-doubt">two of its astronauts who are stranded at the International Space Station.</a>
See Also: <a href="https://www.benzinga.com/money/how-to-invest-in-spacex">How To Invest In SpaceX</a>
Government&#8217;s Vindictiveness: Despite SpaceX being a tremendous asset, the company is being targeted in multiple ways and for frivolous reasons, Kiley said. He noted that the Federal Aviation Administration recently fined $633,000 for trivial non-safety related reasons.
The federal agency has delayed flight five of Starship for two months, also for non-safety related reasons, he said, adding that roadblocks are being thrown in its way.
&#8220;We continue to be stuck in the reality where it takes longer to do the government paperwork to license a rocket launch than it does to design and build the actual hardware,&#8221; Kiley said. &#8220;There simply should not be delays related to paperwork or bureaucracy; The FAA and related agencies need to prioritize enabling launches and not standing in their way.&#8221;
Responding to the Congressman&#8217;s speech, Musk said it is &#8220;much appreciated.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Much appreciated
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1837704322622099748?ref_src=twsrc%5Etfw">September 22, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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 Why It&#8217;s Important: Musk has endorsed former President Donald Trump in the 2024 election, likely warded off by the Biden administration&#8217;s failure to acknowledge Tesla as the leader in green energy vehicle manufacturing, the Democratic party&#8217;s failure to control infiltration of undocumented immigrants and the party&#8217;s leftist agenda.
Recently, Newsom criticized Musk for sharing a deepfake video on Vice President Kamala Harris, who is the Democratic Party&#8217;s nominee, on X. The governor has now signed a law, banning the use of AI-generated deepfakes in political campaigns.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40951122/elon-musk-blasts-faa-for-targeting-spacex-over-petty-matters-while-ignoring-boeings-safety-issue">Elon Musk Blasts FAA For Targeting SpaceX Over &#8216;Petty Matters,&#8217; While Ignoring Boeing&#8217;s Safety Issues: This &#8216;Puts Human Lives At Risk&#8217;</a></li>
</ul>

Government

Politics

Elon Musk Responds As California Congressman Slams Bureaucratic Roadblocks For SpaceX Program: 'Agencies Need To Prioritize Enabling Launches And Not Standing In Their Way'

Billionaire investor Warren Buffett, <a href="https://www.benzinga.com/general/24/01/36763638/warren-buffett-accumulated-99-of-his-net-worth-after-turning-50-and-didnt-become-a-billionaire-until">who has tasted huge success in the investment world</a>, has a philosophical take on what defines success. His take on success and his success mantra are worth emulating to keep anyone on an even keel.
Buffet&#8217;s Take On True Success: If you get to be 65 years, or 70 years and later, and the people that you want to love you actually love you, you are a success, <a href="https://www.youtube.com/watch?v=Tr6MMsoWAog">said</a> Buffett in an interview with Yahoo Finance in 2019.
He also made the point that he has seen very, very wealthy people, so wealthy that they give testimonial interviews to, and name schools after, and everything, but they&#8217;re miserable. Nobody loves them, he added.
Buffett has often stressed that money doesn&#8217;t buy happiness and he lives out this philosophy by living a relatively modest lifestyle. In the Forbes billionaires list, he is in the sixth place, boasting of $143.7 billion in wealth. He is also known for his charity, having pledged 99% of his wealth to philanthropy&nbsp;during his lifetime or at death.&nbsp;
See Also: <a href="https://www.benzinga.com/markets/equities/24/09/40917216/elon-musk-says-warren-buffett-is-positioning-for-kamala-harris-win-with-his-277b-cash-pile-as-pr">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 To Succeed In Life: When the investment guru was asked to give advice as to how to succeed in life, he said by far the best investment one can make is in oneself. Buffett said he used to advise students that if they learned to communicate better, both orally and written, they can increase their value at least by 50%.
One has to be able to get their ideas across, he said, adding that acquiring it is easy. He noted that he took a Dale Carnegie course for it.
&#8220;If you invest in yourself nobody can take it away from you I mean you and the second thing,&#8221; Buffett said.
Secondly he said one should take care of their mind and body. &#8220;You get exactly one mind and one body in this world. And you can&#8217;t start taking care of it when you&#8217;re 50,&#8221; he said.&nbsp;
A life advice he gave out was to associate with people that are better than you. &#8220;You will go in the direction of the people that you associate with and you want to have the right heroes,&#8221; he said, adding that if you want to emulate somebody better, you better pick very carefully whom you want to emulate.
Buffett said of the people who you admire, who you want to copy and the most important for most people is their spouse. &#8220;You&#8217;ll want to pick a spouse that&#8217;s a little better than you,&#8221; he said.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/money/best-value-stocks">Best Value Stocks</a></li>
</ul>

Psychology

Warren Buffett's Definition Of Success Has Nothing To Do With Wealth But About These 2 Things: Here's Why Ultra-Rich Are Often Miserable

This week, the Federal Reserve&#8216;s decision to reduce interest rates by 50 basis points boosted share prices across the technology, construction, <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40937291/bank-stocks-hit-inflection-point-after-feds-50-basis-point-cut-analyst-reveal-top-p" rel="noreferrer noopener">industrial, machinery, and financial sectors</a>.
These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol>
<li>Constellation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) stock jumped 30.11% last week after <a href="https://www.benzinga.com//node/40957437" target="_blank" rel="noreferrer noopener">signing a 20-year power purchase agreement</a> with Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) to help launch the Crance Clean Energy Center and restart Three Mile Island Unit 1.</li>
<li>Vistra Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) stock gained 26.10% last week after <a href="https://www.benzinga.com//node/40943063" target="_blank" rel="noreferrer noopener">the company executed definitive agreements</a> with affiliates of Nuveen Asset Management and Avenue Capital Management II to acquire their combined 15% equity interest in Vistra Vision.</li>
<li>Carvana Co.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) shares increased 22.52%. Evercore ISI raised its price forecast <a href="https://www.benzinga.com/quote/CVNA/analyst-ratings" target="_blank" rel="noreferrer noopener">on the stock from&nbsp;$142&nbsp;to&nbsp;$157</a>.</li>
<li>Symbotic Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) stock gained 19.06% last week as stocks in the broader industrial space jumped following the Fed&#8217;s announcement to cut rates by 50 basis points, which could support investment and economic growth.</li>
<li>Duolingo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) stock was up 17.32% in the last week.</li>
<li>James Hardie Industries plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHX#NYSE">JHX</a>) stock upped 16.38% as stocks in the broader industrial space jumped following the Fed&#8217;s announcement to cut rates by 50 basis points, which could support investment and economic growth. The company also announced it has repurchased up to 8.4 million of its shares.</li>
<li>Texas Pacific Land Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) gained 15.73% as stocks of oil and gas companies soared amid a rise in the price of oil after the Fed rate cut, which could lift the demand outlook.</li>
<li>CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) stock gained 15.71% as <a href="https://www.benzinga.com/quote/crwd/analyst-ratings" target="_blank" rel="noreferrer noopener">several analysts</a> maintained their buy forecasts and said the customer backlash following the software incident had largely passed.</li>
<li>Maplebear Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CART#NASDAQ">CART</a>) shares rose 13.92%</li>
<li>Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>) stock jumped 13.47%&nbsp;last week after Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) assured investors it would not drop its majority stake in the <a href="https://www.benzinga.com//node/40949356" target="_blank" rel="noreferrer noopener">Israeli autonomous driving company</a>.</li>
<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) <a href="https://www.benzinga.com//node/40946478" target="_blank" rel="noreferrer noopener">stock rose 12.66%</a>. Stocks of several U.S.-listed Chinese companies gained ahead of expectations that the People&#8217;s Bank of China will cut rates.</li>
</ol>
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<li><a href="https://www.benzinga.com/news/large-cap/24/09/40972060/novo-nordisk-chewy-and-fedex-are-among-top-10-large-cap-losers-last-week-sept-15-sept-21-are-the-o" target="_blank" rel="noreferrer noopener">Novo Nordisk, Chewy And FedEx Are Among Top 10 Large Cap Losers Last Week (Sept 15-Sept 21): Are The Others In Your Portfolio?</a></li>
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Photo by Ihor Bondarenko on Shutterstock

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Constellation Energy, Li Auto And Carvana Are Among Top 11 Large Cap Gainers Last Week (Sept 16-Sept 20): Are The Others In Your Portfolio?

In a Saturday X exchange with venture capitalist Vinod Khosla, Elon Musk explained <a href="https://www.benzinga.com/news/24/08/40145805/elon-musk-says-his-endorsement-of-trump-doesnt-mean-he-agrees-with-everything-ex-president-is-saying">his reason for endorsing Donald Trump in the 2024 race</a>.
Pro- Biden In 2020: Unlike Trump and his team, Musk doesn&#8217;t think the 2020 election wasn&#8217;t stolen. Musk had a different explanation for the Democratic Party&#8217;s win. &#8220;All the independent voters I know, myself included, leaned towards [Joe] Biden, thinking he would be a milquetoast moderate. Boring, but moderate,&#8221; he said.
Incidentally, Khosla also identified himself as an independent. &#8220;Remember I am an independent, not a democrat or a republican. There are democrats, independents, republicans and then there are a&#x2A;&#x2A;hole MAGA extremists,&#8221; he had said.
See Also: <a href="https://www.benzinga.com/markets/equities/24/09/40917216/elon-musk-says-warren-buffett-is-positioning-for-kamala-harris-win-with-his-277b-cash-pile-as-pr">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>
What&#8217;s Has Changed: Explaining why he changed side this time around, Musk said Biden turned out to be a &#8220;radical leftist puppet of the machine who loves overreaching bureaucracy, just like Kamala [Harris].&#8221;
That&#8217;s why Musk and almost all independent voters he knew were supporting Trump this time, he said.
Taking a potshot at Khosla, Musk said, &#8220;Now, you stop being a damn hypocrite and have some empathy for small towns throughout America getting swamped by 10,000+ poorly vetted migrants. It's not right.&#8221;
<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">No, I don't think 2020 was stolen, as all the independent voters I know, myself included, leaned towards Biden, thinking he would be a milquetoast moderate. Boring, but moderate. Unfortunately, he turned out to be a radical leftist puppet of the machine who loves overreaching…
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1837634071289069730?ref_src=twsrc%5Etfw">September 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Replying to him, the Sun Microsystems co-founder said, &#8220;I have to agree that Biden&#8217;s treatment of Tesla as the EV leader was unfair so I understand your ire towards him.&#8221; It is a known secret that the Biden administration <a href="https://www.benzinga.com/government/23/12/36378996/elon-musks-yuletide-grudge-tesla-ceo-still-cross-with-biden-for-giving-cold-shoulder-2-years-ago">valued General Motors and Ford over Tesla</a> as flagbearers of the U.S. electric vehicle revolution. 
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Elon Musk Says Biden Belied His 2020 Expectations And Turned Out To Be A 'Radical Leftist Puppet': Why Billionaire Is Supporting Trump This Time Around

Pop music legend Janet Jackson has been subjected to intense backlash after she questioned the racial <a href="https://www.benzinga.com/news/24/09/40869733/trump-stumbles-again-over-health-care-issues-involving-abortion-and-obamacare">background of Vice President Kamala Harris</a>.
What Happened: The uproar originated from <a href="https://www.theguardian.com/music/2024/sep/21/janet-jackson-interview-on-bad-relationships-new-music-and-kamala-harris">an</a> interview Jackson gave to The Guardian last Saturday.
In the interview, Jackson, aged 58, expressed doubts about Harris&#8217; racial identity, saying, &#8220;She&#8217;s not Black. That&#8217;s what I heard. That she&#8217;s Indian&#8230; Her father&#8217;s white. That&#8217;s what I was told.&#8221;
These comments have incited a wave of outrage among fans and followers, who took to various social media platforms to voice their disappointment. One user criticized Jackson, stating, &#8220;This is why she&#8217;s irrelevant and leeching off of her brothers&#8217; success.&#8221;
Some critics have drawn comparisons between Jackson&#8217;s statements and those made by former President Donald Trump, who had also questioned Harris&#8217; racial identity during a conference of black journalists in July.
Jackson later issued a public apology for her comments about Harris.
According to a report <a href="https://deadline.com/2024/09/janet-jackson-apology-kamala-harris-comments-based-misinformation-1236096552/">by</a> Deadline, Mo Elmasri, Jackson&#8217;s manager, admitted that the singer had made misinformed comments about Harris&#8217; family and ethnicity during the interview.
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>
Jackson had made assumptions about Harris&#8217; racial background, seemingly without full understanding of the facts.
In a statement <a href="https://www.buzzfeed.com/chelseastewart/janet-jackson-kamala-harris-comments-apology">to</a> Buzzfeed, Elmasri said, &#8220;Janet deeply respects Vice President Kamala Harris and her accomplishments as a Black and Indian woman. Janet apologizes for any confusion caused and acknowledges the importance of accurate representation in public discourse.&#8221;
Harris&#8217; father is a Jamaican-American economics professor, and her late mother, Shyamala Gopalan, was a celebrated breast cancer researcher from southern India.
Why It Matters: This incident underscores the importance of accurate representation and information in public discourse, especially when discussing individuals in positions of power and influence. 
Misinformed comments can perpetuate harmful stereotypes and misinformation, leading to confusion and potential harm. As a public figure, Jackson&#8217;s comments have a wide reach, making it crucial for her to verify information before sharing it publicly. This apology serves as a reminder of the responsibility that comes with public platforms.
Furthermore, this incident highlights the ongoing challenges faced by individuals of diverse backgrounds in the public eye. Harris, as a Black and Indian woman, has faced scrutiny and misinformation about her background throughout her career. 
This incident serves as a reminder of the importance of respecting and acknowledging diverse backgrounds and experiences.
Read Next
<a href="https://www.benzinga.com/news/24/08/40667209/trump-vs-harris-new-polls-reveal-this-candidate-is-outperforming-in-swing-states" target="_blank" rel="noreferrer noopener">Trump Vs Harris: New Polls Reveal This Candidate Is Outperforming In Swing States</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Wikimedia Commons

Entertainment

Janet Jackson Faces Backlash Over Kamala Harris Racial Identity Comments, Issues Apology For Misrepresenting Harris

Andreea Matei made several video reviews for Amazon.com, Inc. (NASDAQ: <a href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) products. It wasn&#8217;t long before the <a href="https://www.benzinga.com/news/23/07/33207129/he-quit-a-6-figure-finance-job-to-make-youtube-videos-now-hes-making-more-money-than-ever-before">money started pouring in</a>.
What To Know: Matei caught the bug for reviewing Amazon products as a side hustle when she first received $1.28 in commission based on one of her short videos. Since then, she has made close to $22,000 in eight months from approximately 1,000 videos.
<a href="https://www.benzinga.com/quote/AMZN">Amazon</a> has an influencer program that pays members a commission based on sales that take place after a consumer watches a video review. 
In November, Matei decided to give it a try and it wasn&#8217;t long before she was hooked.
&#8220;I made $40 a day, then $50 the next day, then $100. I had to keep going. It was so much fun,&#8221; Matei said.
Most of her videos are about a minute long and they take up to 20 minutes to film and edit. According to documents reviewed by <a href="https://www.cnbc.com/2023/06/29/andreea-matei-passive-side-hustle-amazon-video-reviews.html">CNBC</a>, she&#8217;s averaging about $2,700 a month in passive income from her review videos and she only spends about three hours a week filming and editing content.
&#8220;Once you create videos, it's totally passive.&nbsp;I have not had any time to make videos this week, and the money still keeps coming in,&#8221;&nbsp;Matei said.&nbsp;&nbsp;
See Also: <a href="https://www.benzinga.com/news/23/04/32100082/heres-how-this-31-year-old-makes-105-000-a-month-by-only-working-2-hours-a-day">Here&#8217;s How This 31-Year-Old Makes $105,000 A Month By Only Working 2 Hours A Day</a>
She started off reviewing products that she could see herself using around the house, but after she started <a href="https://www.benzinga.com/news/23/07/33289234/from-zero-to-5-5-million-in-3-years-how-this-first-time-investor-made-it-big-buying-real-estate">generating significant income</a>, Amazon sellers started reaching out to her. Now sellers send her free products and pay her to review them and post the videos on social media.
The payouts for different products vary greatly and Amazon is always changing how its algorithms work, but it&#8217;s well worth her time, she said, adding it keeps her from getting burned out at her day job where she teaches clients how to grow their small businesses.
&#8220;Amazon is fickle, so I don't want to put all my eggs in one basket. But my goal is to make it a six-figure side hustle on top of my regular business,&#8221; Matei said.
Photo: courtesy of Amazon.
This story is part of a new series of features on the subject of success, <a href="https://www.benzinga.com/topic/benzinga-inspire">Benzinga Inspire</a>. Some elements of this story were previously reported by Benzinga and it has been updated.
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Amazon Product Review Side Hustle Brings In $2,700 A Month In Passive Income: 'I Have Not Had Any Time To Make Videos ... The Money Still Keeps Coming In'

Analysts <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40872864/apple-staring-at-lower-than-expected-demand-for-iphone-16-pro-and-pro-max-in-the-fi">flashed a red flag regarding lukewarm preorders</a> for Apple, Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) newest iPhone iteration, but one analyst doubled down on his bullish take on iPhone 16 as it went on sale this weekend.
The Apple Analyst: Wedbush analyst Daniel Ives maintained an Outperform rating and $300 price target for Apple shares.
The Apple Thesis: Apple is off to a strong demand start, Ives said, citing Asian supply checks. Although Apple Intelligence will be released in phases over the coming months, this iPhone 16 upgrade cycle will be over 90 million units on initial launch and be up roughly 8 million to 10 million units from iPhone 15, he said. The demand has been tracking well so far, with an estimated 300 million iPhones of the 1.5 billion iPhones not upgrading in four years, he added. 
Apple is focused on driving a robust December holiday season for iPhone 16 with many features rolled out over the coming months, Ives said. He estimates that the company can sell more than 240 million iPhone units in fiscal year 2025.
See Also: <a href="https://www.benzinga.com/money/best-tech-stocks">Best Tech Stocks Right Now</a>
The analyst sees China as the front and center, as he expects more partnerships on for large-language models around Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) over the coming months. &#8220;That will fill in a missing piece of the AI puzzle in the key China market as OpenAI in its marquee partnership will launch the most sophisticated personal assistant for consumers with ChatGPT fueled by Apple&#8217;s new A18 chip,&#8221; he said.
The analyst conceded Huawei trifold smartphone could be another disruptive force in the Chinese smartphone market. But Apple with its iPhone 16 upgrades could sell about 50 million units in this region is fiscal year 2025, he said.
The next step to drive installed base in the Apple Intelligence, Ives said. &#8220;We believe over 20% of world&#8217;s consumer population will ultimately interact with AI through an Apple device over the coming years,&#8221; he said.
&#8220;This is the beginning of an AI driven iPhone super-cycle that should enable Apple to break its historical mark for iPhone units in a year and translate into a $4 trillion market cap for Cupertino in 2025,&#8221; the analyst said. 
Apple Stock: Apple ended Friday&#8217;s session down 0.29% at $228.20, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data</a>. The stock has, nevertheless, added about 19% so far this year.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40936686/apple-analyst-shrugs-off-lukewarm-early-iphone-16-demand-trends-heres-why-soft-preo">Apple Analyst Shrugs Off Lukewarm Early iPhone 16 Demand Trends: Here&#8217;s Why Soft Preorder Data Hasn&#8217;t Dented Morgan Stanley&#8217;s Bullish Thesis</a></li>
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As Apple's iPhone 16 Goes On Sale, Analyst Says Demand Off To Strong Start Keeping Cupertino On Track To Hit $4T Market Cap

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