Kamala Harris is clarifying her economic stance as she gears up for the 2024 presidential race. One of her key targets? Donald Trump&#8217;s approach to tariffs. In a recent <a href="https://www.youtube.com/watch?v=36ovmQj7gbQ">interview</a>, Harris criticized Trump's plan to impose tariffs on U.S. imports, calling it reckless and poorly thought out.



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"He's just not very serious about how he thinks about some of these issues," Harris said, pointing to Trump's economic policies. She emphasized that tariffs shouldn't be thrown around lightly because they can have real consequences for everyday Americans.



While tariffs sometimes <a href="https://www.benzinga.com/markets/asia/24/09/40856820/biden-hikes-tariffs-on-chinese-goods-alibaba-jd-com-stocks-drop">protect domestic industries</a>, Harris believes Trump's broad approach is misguided. Instead of benefiting the American economy, she thinks his plan would hurt families already struggling with inflation by making everyday items more expensive.



Trending: Beating the market through ethical real estate investing' — t<a href="https://www.benzinga.com/money/invest-with-roots">his platform aims to give tenants equity in the homes they live in while scoring 17.17% average annual returns for investors – here&#8217;s how to join with just $100</a>



Billionaire investor <a href="https://www.benzinga.com/personal-finance/24/09/41093167/billionaire-howard-marks-calls-out-trump-and-harris-policies-ignore-economic-reality-with-tariff">Howard Marks has also weighed in on this topic</a>. Like Harris, Marks isn't convinced that Trump's tariffs are a good idea. In his latest memo, Marks stated that while tariffs could stimulate U.S. output, they would raise consumer prices. He warned that Trump's 10% tariff plan would essentially tax the average American, burdening families with higher costs.



However, Marks isn&#8217;t sold on Harris&#8217;s anti-price gouging policy either. The current VP wants to tackle grocery inflation, but Marks thinks she&#8217;s missing the bigger picture. "There's nothing wrong with trying to bring down the cost of necessities. However, the best way to do this is to encourage additions to supply."



Trending: These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a>



And it seems that Harris listened because, as she said in that interview, &#8220;Supply that is without any question part of the solution. Creating more supply under my plan includes creating tax incentives to work with the private sector and homebuilders.&#8221;



Nevertheless, Harris contrasts her approach with Trump's, emphasizing the need for detailed analysis and long-term thinking. "One must be serious and have a plan, and a real plan that&#8217;s not just about some talking point ending in an exclamation at a political rally but putting the thought into what will be the return on the investment, what will be the economic impact on everyday people," she said.&nbsp;



See Also: <a href="https://www.benzinga.com/money/irs-finalizes-10-year-rule-adv">IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things &#8216;Even More Insanely Complicated&#8217;</a>



For Harris, economic policy is about understanding the ripple effects and ensuring changes are carefully considered before implementation.



Vice President Kamala Harris recently admitted that the Biden administration kept some of Trump's tariffs. Still, she criticized his new plan, calling it a "20% sales tax on everyday items people need to make it through the month."



Like any policy, the full impact on voters isn't always clear from sound bites coming from both sides. However, most <a href="https://www.benzinga.com/news/24/07/39630382/paul-krugman-says-trump-tariffs-will-hurt-80-of-americans-benefit-only-the-top-1-burden-would-fall-o">economists agree that higher tariffs</a> usually <a href="https://www.benzinga.com/personal-finance/24/09/40961812/economists-warn-trumps-plans-for-tax-cuts-tariffs-and-deportation-could-trigger-skyrocketing-inf">result in higher prices for American consumers</a>.



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Startups

'He's Just Not Very Serious' Says Kamala Harris – 'You Don't Just Throw Around The Idea Of Tariffs Across The Board'

With one month to go, Kamala Harris is slightly ahead of Donald Trump in the presidential race, <a href="https://www.benzinga.com/news/24/08/40667209/trump-vs-harris-new-polls-reveal-this-candidate-is-outperforming-in-swing-states">as per recent polling data</a>.



What Happened: Recent surveys indicate that Harris is leading Trump by a margin of two to five points, with less than five weeks remaining until the election.



The latest Emerson poll reveals Harris leading with 50% against Trump&#8217;s 48%. The Morning Consult&#8217;s weekly <a href="https://pro.morningconsult.com/trackers/2024-presidential-election-polling">poll</a> also shows Harris ahead by five points, 51% to 46%. Similar results were seen in a Susquehanna <a href="https://x.com/SusquehannaPR/status/1841524316082778119">poll</a> and an Economist/YouGov <a href="https://today.yougov.com/politics/articles/50629-harris-leads-vp-debate-media-filibuster-eric-adams-september-29-october-1-2024-economist-yougov-poll">poll</a> released this week, with Harris leading by five and three points respectively.



But despite Harris lead, her advantage has slightly diminished over the past two months, peaking at 3.7 points in late August, as per FiveThirtyEight's weighted polling average. RealClearPolitics' latest polling average shows Harris leading Trump by 2.2 points.



According to a Cook Political Report survey, Harris is leading Trump by one point overall in the seven battleground states likely to decide the election. However, the NBC News/Telemundo/CNBC <a href="https://www.nbcnews.com/politics/2024-election/poll-harris-trump-democrats-advantage-latino-voters-continues-shrink-rcna172686">poll</a> indicates that Harris&#8217; lead among Latinos is dwindling.



Pre-debate surveys suggested that Harris' polling surge seemed to have reached a plateau. Although most post-debate surveys indicate that the majority of respondents believe Harris won the debate, it was not enough to significantly impact the race between the two candidates.



Also Read: <a href="https://www.benzinga.com/news/24/09/41082772/harris-vs-trump-new-polls-show-tight-race-in-battleground-states">Harris Vs Trump: New Polls Show Tight Race In Battleground States</a>



Also a <a href="https://www.genderontheballot.org/wp-content/uploads/2024/10/6574-GOTB-2024-Deck-c2_release.pdf">poll</a> conducted by American University (AU) and the Benenson Strategy Group revealed that 51% of women trust Harris to tackle inflation and the high cost of gas and groceries. This is in contrast to the 37% who trust her GOP rival, Trump, on these issues.



The survey also showed that Harris and her running mate, Minnesota Gov. Tim Walz, are trusted more on immigration, another key issue with the election just over a month away. Harris&#8217;s favorability among independent women has increased by 23 points since last year, with 51% finding her favorable.



Furthermore, the poll emphasized that the economy and inflation are the most important issues for women in the 2024 White House race, with 64% of respondents indicating this. Harris currently holds a 3.7-point lead over Trump nationally, according to The Hill/Decision Desk HQ's polling index.



Why It Matters: The close race between Harris and Trump underscores the deeply divided political landscape in the United States. 



The shrinking lead of Harris, particularly among Latinos, could be a cause for concern for her campaign. The outcome of the election could hinge on the seven battleground states, where the race is currently too close to call. 



The impact of the debates on the polling numbers also highlights the importance of these events in shaping public opinion. Also Harris&#8217; lead over Trump and her increased favorability among independent women could potentially influence the election results.



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<a href="https://www.benzinga.com/news/24/09/41080153/trump-vs-harris-this-candidate-skyrockets-in-election-forecast-poised-to-secure-victory-in-four-swin" target="_blank" rel="noreferrer noopener">Trump Vs Harris: This Candidate Skyrockets in Election Forecast, Poised To Secure Victory In Four Swing States</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.

News

Politics

Polls Suggest This Candidate Holds Slim Lead In Presidential Race With One Month To Go

It&#8217;s been over a decade since legendary Apple Inc. co-founder Steve Jobs left us, but his impact on the world of technology and beyond continues to resonate.



On Oct. 5, the <a href="https://www.benzinga.com/general/23/11/35753841/steve-jobs-experienced-extreme-regret-in-the-final-days-before-his-death-saying-i-wanted-my-kids-to">anniversary of his passing</a>, it&#8217;s worth taking a moment to reflect on the journey of this tech visionary who transformed not just how we use computers, but how we live our daily lives.



The Early Days: A Spark Of Genius



Jobs&#8217; story begins in San Francisco, where he was born in 1955 and later adopted by Paul and Clara Jobs. From an early age, he showed a keen interest in electronics, tinkering with gadgets in his family&#8217;s garage.



As a teenager, Jobs&#8217; rebellious spirit and thirst for knowledge led him to Reed College. Though he dropped out after just one semester, he continued to audit classes that piqued his interest.



One of these was a calligraphy course, which might seem like an odd choice for a future tech mogul. But Jobs later credited this class with influencing Apple&#8217;s groundbreaking approach to typography and design.



See Also: <a href="https://www.benzinga.com/news/24/07/39833269/apple-co-founder-steve-jobs-drew-inspiration-from-beatles-on-building-great-teams-they-were-four-ver">Apple Co-Founder Steve Jobs Drew Inspiration From Beatles On Building Great Teams: &#8216;They Were Four Very Talented Guys Who…&#8217;</a>



Most Valuable Company Today Had Humble Beginnings



The story of <a href="https://www.benzinga.com/general/education/20/01/15157731/great-american-companies-a-brief-history-of-apple-inc">Apple&#8217;s humble beginnings</a> in a garage has become the stuff of Silicon Valley legend.



In 1976, Jobs and his friend Steve Wozniak founded Apple Computer Company. Their first product, the Apple I, was essentially a circuit board that hobbyists could use to build their own computers.



However, the Apple II, released in 1977, really put them on the map.



The Apple II wasn&#8217;t just a computer for geeks – it was a machine that regular people could use.



Apple today has a market capitalization of $3.448 trillion, making it the most valuable company in the world.



The Macintosh Revolution



Fast forward to 1984, and Apple was ready to change the world again with the Macintosh.



This was the first commercially successful computer to feature a graphical user interface (GUI) and a mouse.



If you&#8217;ve ever used a computer with icons and windows (which, let&#8217;s face it, is pretty much every computer nowadays), you can thank Jobs and his team for pushing this revolutionary idea into the mainstream.



But It Was Not Always Smooth Sailing



In 1985, after a <a href="https://www.benzinga.com/general/education/17/01/8884660/why-rehiring-steve-jobs-was-the-best-move-apple-ever-made">power struggle</a> with then-CEO John Sculley, Jobs left Apple, the company he had co-founded. It was a huge blow, but Jobs wasn&#8217;t one to sit idle.



He went on to found NeXT, a company that aimed to create high-end computers for the education market. While NeXT didn&#8217;t achieve the commercial success Jobs had hoped for, it would later play a crucial role in Apple&#8217;s future.



From Side Project To Animation Powerhouse



During his time away from Apple, Jobs also bought a little <a href="https://www.benzinga.com/general/24/03/37921097/steve-jobs-didnt-become-a-billionaire-because-of-apple-it-was-actually-pixar-and-the-toy-story-movie">computer graphics division</a> from Lucasfilm. This would become Pixar Animation Studios.



Under Jobs&#8217; guidance, Pixar went from a tech company to an animation powerhouse, releasing groundbreaking films like &#8220;Toy Story&#8221; and forever changing the landscape of animated storytelling.



…And Then The Prodigal Son Returns



By the mid-90s, Apple was struggling. The company that had once been at the forefront of personal computing was floundering, with a confusing product line and declining sales.



In a twist of fate, Apple announced that it <a href="https://www.benzinga.com/markets/equities/23/12/36321524/if-you-invested-1000-in-apple-when-it-announced-next-acquisition-to-bring-back-steve-jobs-heres-">was acquiring NeXT in 1996</a>, bringing Jobs back into the fold as an advisor.



He quickly became interim CEO (or &#8220;iCEO&#8221; as he jokingly called himself) and set about turning the company around.



Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.



The Apple Renaissance



Jobs&#8217; return to Apple marked the beginning of one of the greatest comebacks in business history. He streamlined the product line, focusing on simplicity and design.



The result? A string of iconic products that would redefine entire industries:



<ol>
<li>The iMac (1998): A colorful, <a href="https://www.benzinga.com/markets/equities/23/05/32259104/if-you-invested-1000-in-apple-when-imac-was-unveiled-25-years-ago-heres-how-much-youd-have-now">all-in-one computer</a> that made technology fun and accessible.</li>



<li>The iPod (2001): <a href="https://www.benzinga.com/general/education/23/02/30716530/if-you-bought-1-000-in-apple-stock-when-the-ipod-was-released-heres-how-much-youd-have-now">Not the first</a> MP3 player, but the one that made digital music mainstream.</li>



<li>The iPhone (2007): A device that put the internet, a music player, and a phone in your pocket, changing the way <a href="https://www.benzinga.com/news/23/01/30336631/the-iphone-was-unveiled-16-years-ago-heres-how-much-1-000-invested-in-apple-stock-after-the-debut-is">we communicate forever</a>.</li>



<li>The iPad (2010): Bridging the <a href="https://www.benzinga.com/general/education/21/01/19345275/this-day-in-market-history-apple-unveils-original-ipad-1">gap between</a> smartphones and laptops, creating a new category of device.</li>
</ol>



The Jobs Philosophy



What set Jobs apart wasn&#8217;t just his ability to create great products, but his unwavering commitment to certain principles:



Simplicity: Jobs believed that technology should be intuitive and easy to use.



Design: He saw beauty in minimalism and insisted that even the parts users couldn&#8217;t see should be well-designed.



Integration: Jobs pushed for seamless integration between hardware and software, creating ecosystems that just worked.



He once said, "Being the richest man in the cemetery doesn&#8217;t matter to me. Going to bed at night saying we&#8217;ve done something wonderful [at Apple], that&#8217;s what matters to me."



The Final Chapter



In 2003, Jobs was diagnosed with a <a href="https://www.benzinga.com/general/24/01/36832060/steve-jobs-followed-an-extreme-diet-consisting-of-certain-fruits-and-vegetables-and-fasting-for-days">rare form of pancreatic cancer</a>. Despite this setback, he continued to lead Apple, overseeing some of the company&#8217;s most innovative years.&nbsp;



However, his health struggles eventually led to him stepping down as CEO in Aug. 2011.



On Oct. 5, 2011, he passed away, leaving behind a legacy that had fundamentally changed multiple industries – computing, music, movies, telecommunications, and retail.



The Legacy Lives On



Today, Apple continues to be one of the world&#8217;s most valuable and influential companies. While it has evolved under the leadership of Tim Cook, many of Jobs&#8217; core principles still guide the company.



But Jobs&#8217; influence extends far beyond Apple. His vision of technology as a tool to enrich our lives has shaped the entire tech industry. From the smartphones we carry in our pockets to the way we consume media, Jobs&#8217; fingerprints are everywhere.



He once said, &#8220;The people who are crazy enough to think they can change the world are the ones who do.&#8221; He was certainly one of those people, and the world is all the richer for it.



Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.



Read Next: <a href="https://www.benzinga.com/news/24/08/40591422/steve-jobs-once-said-he-was-a-millionaire-at-23-worth-10m-by-24-and-had-100m-by-25-this-shaped-his-d">Steve Jobs Once Said He Was A Millionaire At 23, Worth $10M By 24, And Had $100M by 25 — This Shaped His Decision To Stay On A $1 Salary Throughout His Time At Apple</a>



Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.



Photo courtesy: Shutterstock

Tech

Legendary Apple Co-Founder Steve Jobs Once Said, 'Being The Richest Man In The Cemetery Doesn't Matter To Me:' Maybe That's Why His Impact Transcends Financial Success For iPhone-Maker And Beyond

Electric-vehicle stocks had a down week amid stock market volatility, but China-based companies rode the momentum imparted by the stimulus measures announced by the country to kickstart economic growth. Market leader Tesla, Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rally stalled as traders did not take kindly to <a href="https://www.benzinga.com/news/24/10/41141444/tesla-stock-plunges-3-despite-q3-deliveries-exceeding-consensus-and-growing-year-over-year">third-quarter deliveries just about managing to beat the consensus estimate</a>.



Here&#8217;s a rundown on what happened in the EV space during the week:



Tesla Q3 Deliveries Beat And More: After two straight quarters of sales decline, Tesla turned things around in the September quarter. The company delivered 462,890 EVs in the third quarter, ahead of the company-compiled consensus estimate of 461,978 units. The quarterly number marked a 6.40% year-over-year increase and a 4.26% sequential rise. The stock fell 3.49% following the report and came under further pressure over the next two sessions before trimming the losses on Friday. 



The negative reaction may be due to the small sales beat or possibly due to the typical &#8220;buy the rumor, sell the news&#8221; phenomenon. The stock had ran up appreciably in the run-up to the deliveries report.



With the deliveries report now in the rearview mirror, investors have begun to shift their focus to the Oct. 10 Robotaxi event. Most sell-side analysts, especially the bulls, and the Tesla community is excited about the event, which is scheduled to be held at the Warner Bros. studio in Los Angeles after the market close. 



Offering his take on the event, Wedbush analyst Daniel Ives said, &#8220;We believe Robotaxi Day will be seminal and historical day for Musk and Tesla and marks a new chapter of growth around autonomous, FSD, and AI future at Tesla.&#8221; The analyst expects updates on Cybercab scaling, overall cost per mile, a Tesla ride-share app, and a Generation 1 demo on premises of the breakthrough technology designed to revolutionize urban transportation. Morgan Stanley analyst Adam Jonas expects robotaxis to have disruptive potential but believes the benefit will seep in only in the mid- to long-term.



Rivian Sales Miss Forecast: EV startup Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) handed down its investors a double disappointment. The company&#8217;s third-quarter deliveries came in at 10,018 units, missing the consensus estimate of most analysts. The company cut its production outlook for the year from 57,000 units to 47,000-49,000 units, citing supply shortage, while it reaffirmed its annual deliveries goal of 50,500 to 52,000&nbsp;units.



Separately, Reuters reported that the company has applied for a federal loan to facilitate construction of its Georgia facility, which was stalled earlier this year due to the company&#8217;s focus on speeding up next-gen R2 EV production and to conserve cash. The report said the department hasn&#8217;t made a final decision on the filing. The filing did not disclose the requested amount or terms. 



See Also: <a href="https://www.benzinga.com/money/best-electric-vehicle-stocks">Best EV Stocks</a>



Nikola Reports Strong Deliveries: Shares of hydrogen- and fuel-cell vehicles manufacturer Nikola Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>) jumped about 20% on Wednesday after the company said it wholesaled 88 Class 8 hydrogen fuel-cell trucks in the third quarter. &#8220;This is a record sales quarter for Nikola, with 88 hydrogen fuel cell electric trucks wholesaled to our dealers for end customers, as well as the addition of a first-ever&nbsp;U.S. dealer-based HYLA modular refueling station,&#8221; said Nikola CEO Steve Girsky.



The company has delivered 200 trucks so far this year compared to its full-year guidance of 300-350 trucks.



Chevy EVs Lifts GM&#8217;s Sales: Legacy automakers General Motors Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) presented a contrasting picture with respect to their EV sales. While GM&#8217;s EV sales spiked 60% to 32,095 units in the third quarter, thanks to the strong uptake of its Chevrolet Equinox EV and Chevrolet Blazer EV. On the other hand, crosstown rival Ford&#8217;s climbed a more modest 12% to 23,509 EVs. Blue Oval&#8217;s hybrid vehicle sales, however, were more than three times as much.



Nio To Expand Global Footprint: China&#8217;s Nio, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) announced late Friday that it has tied up with Abu Dhabi-based&nbsp;CYVN Holdings&nbsp;to <a href="https://www.benzinga.com/markets/equities/24/10/41195060/tesla-rival-nio-accelerates-global-expansion-to-launch-evs-in-middle-east-amid-eu-tariff-concern">launch the Nio MENA to launch Nio-branded vehicles and vehicles from its subsidiary</a> in the Middle East and North Africa. This will expand its footprint and integrate further into the &#8220;global smart EV ecosystem,&#8221; the Shanghai-based company said in a statement.



CYVN Holdings, which made an investment in Nio earlier this year, will support the company with strategic investments for the expansion. 



The KraneShares Electric Vehicles and Future Mobility&nbsp;Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KARS#NYSE">KARS</a>) rose 3.08% on Friday before ending at $23.77, according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>. For the week, the ETF raced 5.60% higher.



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/analyst-ratings/analyst-color/24/10/41157836/teslas-cybercabs-could-be-a-potential-ride-sharing-disruptor-says-analyst-heres-wha">Tesla&#8217;s &#8216;Cybercabs&#8217; Could Be A Potential Ride-Sharing Disruptor, Says Analyst: Here&#8217;s What Investors Can Expect At Oct 10 Robotaxi Event</a></li>
</ul>







Here&#8217;s how the EV stocks fared this week:



<figure class="wp-block-table is-style-stripes"><table><tbody><tr><td></td><td>Weekly Change (+/-)</td></tr><tr><td>Tesla</td><td>-3.99%</td></tr><tr><td>Nio</td><td>+3.83%</td></tr><tr><td>XPeng, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>)</td><td>+0.71%</td></tr><tr><td>Li Auto, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)</td><td>+13.58%</td></tr><tr><td>Workhorse, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>)</td><td>-14.69%</td></tr><tr><td>Hyzon Motors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>)</td><td>-14.18%</td></tr><tr><td>Canoo</td><td>-7.70%</td></tr><tr><td>Rivian </td><td>-10.00%</td></tr><tr><td>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>)</td><td>-6.96%</td></tr><tr><td>Faraday Future </td><td>-2.88%</td></tr><tr><td>Nikola Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>)</td><td>+17.25%</td></tr><tr><td>VinFast Auto Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>)</td><td>-2.81%</td></tr></tbody></table></figure>

Analyst Color

Equities

Media

HYZN

KARS

LCID

NKLA

RIVN

TSLA

WKHS

XPEV

Tesla Robotaxi Buzz Soars Ahead Of Thursday Event, Rivian Seeks DOE Loan For Georgia Plant, Nikola Thumps Estimates And More: Biggest EV Stories Of The Week

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas"> many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.



Stocks rocketed higher on Friday as fresh data revealed nonfarm payrolls surged by 254,000 in September. The unemployment rate slipped to 4.1%, defying projections that it would hold steady at 4.2%.



The S&amp;P 500 climbed 0.22% for the week, while the Dow eked out a 0.09% gain. The Nasdaq, despite entering Friday with losses exceeding 1%, managed a 0.1% weekly rise, marking a notable turnaround.



Crude oil prices jumped again on Friday, capping off a nearly 9% weekly gain. The surge came amid heightened tensions in the Middle East, following Iran's missile attack on Israel.



Chinese tech stocks, represented by the iShares MSCI China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NASDAQ">MCHI</a>), enjoyed another week of strong gains, driven by growing enthusiasm <a href="https://www.benzinga.com/markets/asia/24/10/41192510/labor-market-surprises-with-strength-energy-stocks-rally-on-israel-iran-tensions-chinese-tech-giants">for domestic stimulus efforts.</a>



Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.



<h3 class="wp-block-heading">The Bulls</h3>



<a href="https://www.benzinga.com/news/24/10/41156900/nvidia-ceo-jensen-huang-says-demand-for-next-gen-blackwell-gpu-platform-insane-everyone-wants-to-hav">&#8220;Nvidia CEO Jensen Huang Says Demand For Next-Gen Blackwell GPU Platform Insane: &#8216;Everyone Wants To Have The Most, And Everyone Wants To Be First,'&#8221;</a> by <a href="https://www.benzinga.com/author/ananya-gairola">Ananya Gairola</a>, reports that Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang highlighted the overwhelming demand for the new Blackwell GPU platform, confirming it is in full production and expected to drive significant revenue growth despite investor concerns over delays.



<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41136347/is-dogecoins-bullish-momentum-over-after-18-retreat-from-recent-highs-not-yet-say-a">&#8220;Is Dogecoin&#8217;s Bullish Momentum Over After 18% Retreat From Recent Highs? Not Yet, Say Analysts,&#8221;</a> by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, highlights that despite Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) experiencing an 18% drop, analysts like Santiment and Ali Martinez believe its bullish potential remains strong, citing increased whale activity and technical signals of further upside.



<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41100053/apples-iphone-16-pro-demand-correction-in-sight-analyst-highlights-delivery-trends-">&#8220;Apple&#8217;s iPhone 16 Pro Demand Correction In Sight: Analyst Highlights Delivery Trends Across Global Markets,&#8221;</a> by <a href="https://www.benzinga.com/author/anusuya-lahiri-0">Anusuya Lahiri</a>, reports that a JPMorgan analyst sees stabilizing delivery times for Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone 16 Pro models, indicating a demand correction ahead, as lead times for base models moderate across key markets like the U.S., China, and Europe.



For additional bullish calls of the past week, check out the following:



<a href="https://www.benzinga.com/general/entertainment/24/10/41162458/amazon-ceo-andy-jassy-said-prime-video-will-have-meaningfully-fewer-ads-than-rivals-2-month">Amazon CEO Andy Jassy Said Prime Video Will Have &#8216;Meaningfully Fewer Ads&#8217; Than Rivals. 2 Months Later, Streaming Giant Is Reportedly Set To Get More Ads</a>



<a href="https://www.benzinga.com/trading-ideas/technicals/24/09/41096549/cisco-set-for-technical-breakout-as-golden-cross-signals-strength-analyst-predicts-stock">Cisco Set For Technical Breakout As Golden Cross Signals Strength: Analyst Predicts Stock Will &#8216;Quietly&#8217; Climb Higher</a>



<a href="https://www.benzinga.com/markets/equities/24/10/41135042/reliable-tesla-number-cruncher-forecasts-biggest-delivery-beat-in-3-years-fund-manager-says-this">Reliable Tesla Number Cruncher Forecasts Biggest Delivery Beat In 3 Years: Fund Manager Says This Could Change The Stock&#8217;s Narrative</a>



The Bears



<a href="https://www.benzinga.com/general/social-media/24/10/41189534/spirit-airlines-bankruptcy-chatter-has-critics-blaming-biden-heres-what-history-shows-about-">&#8220;Spirit Airlines Bankruptcy Chatter Has Critics Blaming Biden: Here&#8217;s What History Shows About Carrier Mergers,&#8221;</a> by <a href="https://www.benzinga.com/author/anthony-noto-0">Anthony Noto</a>, explores how Spirit Airlines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) is in bankruptcy talks, with critics blaming the blocked JetBlue merger, while history shows that mergers in the airline industry often lead to job losses regardless of financial struggles.



<a href="https://www.benzinga.com/government/24/10/41140319/humana-faces-sharp-decline-in-medicare-star-ratings-for-2025-braces-for-2026-revenue-hit">&#8220;Humana Faces Sharp Decline In Medicare Star Ratings For 2025, Braces For 2026 Revenue Hit,&#8221;</a> by <a href="https://www.benzinga.com/author/vandana-singh">Vandana Singh</a>, reports that Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>) is anticipating a major drop in Medicare Advantage Star Ratings, with only 25% of members enrolled in plans rated four stars or above, which could lead to significant revenue losses in 2026.



<a href="https://www.benzinga.com/markets/equities/24/09/41086177/amazon-ceo-andy-jassy-faces-employee-revolt-over-full-time-return-to-office-mandate-73-consider-">&#8220;Amazon CEO Andy Jassy Faces Employee Revolt Over Full-Time Return To Office Mandate, 73% Consider Quitting: Survey,&#8221;</a> by <a href="https://www.benzinga.com/author/kaustubh-bagalkote">Kaustubh Bagalkot</a>, reports that Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) CEO Andy Jassy is facing internal backlash as 73% of surveyed employees consider leaving due to a new full-time return-to-office policy starting in 2025, sparking concerns over morale and retention.



For more bearish takes, be sure to see these posts:



<a href="https://www.benzinga.com/markets/asia/24/10/41141152/cramer-says-hot-money-flowing-from-nvidia-apple-into-china-focus-on-alibaba-if-you-must">Cramer Says &#8216;Hot Money&#8217; Flowing From Nvidia, Apple Into China, Focus On Alibaba &#8216;If You Must&#8217;</a>



<a href="https://www.benzinga.com/markets/asia/24/09/41084907/japans-nikkei-plummets-over-2-000-points-amid-change-of-guard-while-chinese-market-extends-stimulus">Japan&#8217;s Nikkei Plummets Over 2,000 Points Amid Change Of Guard, While Chinese Market Extends Stimulus-Driven Run: What&#8217;s Driving Sentiment In Asia</a>



<a href="https://www.benzinga.com/news/24/10/41114769/boeing-dips-in-pre-market-as-struggling-plane-maker-considers-raising-10b-through-stock-sale-amid-st">Boeing Dips In Pre-Market As Struggling Plane Maker Considers Raising $10B Through Stock Sale Amid Strike</a>



Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.



Image created using artificial intelligence via Midjourney.

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Benzinga Bulls And Bears: Nvidia, Apple, Amazon, Spirit Airlines — And Dogecoin Drops But Whale Activity Remains High

U.S. District Court Judge for the District of Columbia Tanya Chutkan made public this week a <a href="https://www.benzinga.com/news/24/10/41156198/jack-smith-makes-case-against-trump-he-resorted-to-crimes-to-try-to-stay-in-office-after-losing-elec">filing by Special Prosecutor Jack Smith</a> that detailed Donald Trump&#8217;s alleged election subversion efforts in the aftermath of the 2020 election. Mary Trump, the former president&#8217;s niece, on Thursday delved into the development in a substack post.



Legal Setback: Smith&#8217;s document, which was written in part to to take into account the presidential immunity ruling handed down by the &#8220;corrupt illegitimate super-majority of the Supreme Court&#8221; is devastating, <a href="https://www.marytrump.org/p/donald-trump-vs-the-american-people">said</a> Mary Trump in the post. She noted that Smith made the case that Donald Trump acted as a private citizen and a private candidate when he planned and incited the Jan. 6, 2021 insurrection and therefore his conduct is not protected by the Supreme Court&#8217;s immunity ruling, she added.



Mary Trump noted that Smith detailed the important role played by Donald Trump&#8217;s political rallies in the days and weeks leading up to Jan. 6 riots, which he &nbsp;used, in part, to perpetuate false claims about his having won the election. 



Judge Chutkan and Smith deemed it fit to make public the information before the Nov. 5 election, given Donald Trump effectively games the legal system in his favor, reducing the chances of the case going to trial before the election, she said. There is a real possibility of the case never going to trial at all due to the &#8220;corrupt illegitimate super majority of the Supreme Court,&#8221; she added.



&#8220;The presidential candidate the Republican Party nominated, and the traitor they continue to support almost unequivocally, engaged in a conspiracy against the American people,&#8221; Mary Trump said.



See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40778409/donald-trump-winning-the-election-could-propel-bitcoin-to-90k-but-a-kamala-harris-win-coul">Donald Trump Winning The Election Could Propel Bitcoin To $90K, But A Kamala Harris Win Could Tank BTC To $40K: Bernstein</a>



Trump Team&#8217;s Wrong Claim: In a separate <a href="https://www.marytrump.org/p/taking-it-in-his-stride">post</a>, Mary Trump weighed in on the election interference accusation Donald Trump and the Republicans have made against Chutkan and Smith on the grounds that the filing was released only 35 days out from the election.



The psychologist said there has been no intent to affect the outcome of the election as both &#8220;Smith and Chutkan are simply dealing as best they can with the hand they've been dealt while trying to comply with the almost impossible constraints the Supreme Court ruling placed upon them.&#8221;



She blamed Attorney General Merrick Garland for taking nearly two years for the appointment of the Special Counsel. The &#8220;extraordinary&#8221; delays once Smith was appointed was due to Donald Trump and the &#8220;corrupt illegitimate super-majority on the Supreme Court,&#8221; she said.



&#8220;We're here because Donald Trump figured out a long time ago how to game the system. If you&#8217;re the guilty party, and he nearly always is, your best bet is to create as many delays as possible,&#8221; Mary Trump said. &#8220;This time around he also had the corrupt, illegitimate super-majority of the Supreme Court backing him up all the way,&#8221; she added.



<a href="https://www.benzinga.com/general/politics/24/10/41176806/harris-vs-trump-vice-president-leads-2024-election-poll-young-voters-help-but-voter-issues-could">Trump trails his rival and Democratic Party candidate Kamala Harris</a> in nationwide polls even as the general election draws closer.



Did You Know?



<ul>
<li>Congress Is Making Huge Investments.&nbsp;<a href="https://www.benzinga.com/gov-trades" target="_blank" rel="noreferrer noopener">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>

Mary Trump Says Special Counsel's Filing Counter Ex-President's Efforts To Game Legal System In His Favor

With a major dockworkers&#8217; strike on hold for now, entrepreneur Kevin O&#8217;Leary highlights the outdated infrastructure and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41187855/port-strike-ends-after-3-days-retaliers-politicians-breathe-a-sigh-of-relief" target="_blank" rel="noreferrer noopener">rising tensions over union demands</a>.



On Fox Business&#8217; Varney &amp; Co. on Friday, O&#8217;Leary remarked that East Coast ports are outdated and inefficient, <a href="https://www.foxbusiness.com/media/kevin-oleary-addresses-the-trouble-us-ports-union-automation-concerns">reported</a> Fox Business.



A major strike by the International Longshoremen&#8217;s Association halted trade at East and Gulf Coast ports, affecting billions in commerce. The union has agreed to continue under an expired contract through mid-January.



Also Read: <a target="_blank" href="https://www.benzinga.com/news/global/24/10/41148694/beer-shortage-ahead-3-products-that-will-be-most-impacted-by-port-strike" rel="noreferrer noopener">Beer Shortage Ahead? 3 Products That Will Be Most Impacted By Port Strike</a>



Leary went on to explain that when comparing East Coast ports to international ones like those in Singapore and other Asian locations, they fall short, which negatively impacts productivity.



O&#8217;Leary noted that studies on port automation reveal no negative impact on wages on the East and West Coasts. In fact, he argued that automation could enhance wages for employees skilled in using robotic systems, fostering job creation and promoting wage growth.



The&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/10/41177060/port-strike-ends-workers-return-to-work-friday" rel="noreferrer noopener">strike ended Thursday night</a>&nbsp;this week following the USMX&#8217;s offer to increase pay by 62%.



Read Next:



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<li><a href="https://www.benzinga.com/startups/24/10/41196233/kevin-oleary-defends-the-american-dream-on-fox-business-im-the-guy-that-invests-in-businesses-5-to-5" target="_blank" rel="noreferrer noopener">Kevin O&#8217;Leary Defends The American Dream On Fox Business – &#8216;I&#8217;m The Guy That Invests In Businesses 5 To 500 Employees, We Are On Fire!&#8217;</a></li>
</ul>

Markets

General

Kevin O'Leary Says Port Automation Won't Hurt Wages

Business mogul Mark Cuban once made a spontaneous purchase of a lifetime flight pass from American Airlines during a celebratory spree, <a href="https://www.benzinga.com/news/23/12/36058376/how-being-a-lousy-employee-fueled-mark-cubans-success-i-was-a-know-it-all">later upgrading it</a>.



What Happened: Cuban revealed in a recent podcast that he acquired the pass in the aftermath of selling his first business, MicroSolutions, for a whopping $6 million. 



He <a href="https://www.youtube.com/watch?v=0DAVdTTgGcU">said</a> during the podcast that In a celebratory mood, he reached out to American Airlines to inquire about the lifetime pass, and upon confirmation of its availability, he immediately bought it for $125,000.



The pass, dubbed the AAirpass, was launched in the early 1980s, providing unlimited first-class travel for life. The price was determined by the buyer&#8217;s age at the time of purchase. 



"They're like, ‘What do you think you're going to do with all this money?' And I'm like, ‘I don't care about cars or houses, but boy, you know, I fly a lot for work, " he said during the interview.



Also Read:&nbsp;<a href="https://www.benzinga.com/top-stories/24/06/39241650/heres-how-mark-cuban-made-91-of-his-employees-millionaires" target="_blank" rel="noreferrer noopener">Here&#8217;s How Mark Cuban Made 91% Of His Employees Millionaires</a>



"I got all that information, hungover as hell, and I signed up. Initially, it was $125,000 and then I upgraded it. I forget how much I paid, but it gave me almost unlimited miles for me and somebody else for the rest of my life," he added. 



At 32 years old, Cuban bought the pass, which is now estimated to be valued at around $300,000 today, after adjusting for inflation.



Following the demise of his father, Cuban transferred the AAirpass to a friend. However, American Airlines has since phased out the unlimited pass, terminating the program in March 2024.



Why It Matters: Despite his lavish spending habits, Cuban advocates for a frugal lifestyle, comparing it to that of a &#8220;college student&#8221;, and urges people to save money. 



The billionaire has been residing in the same house for the past 18 years and continues to drive the same cars. 



His impulsive purchase of the pass, which has significantly appreciated in value, underscores his knack for making shrewd investments, even when made in a state of inebriation.



Read Next



<a href="https://www.benzinga.com/news/24/08/40667225/mark-cuban-asks-his-8m-x-followers-about-whose-character-would-they-like-young-children-to-grow-up-e">Mark Cuban Asks His 8M X Followers About Whose Character Would They Like Young Children To Grow Up Emulating Between Trump And Harris: Cuban Receives Half A Million Responses, Majority Supporting This Candidate</a>



This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Here's How Mark Cuban's Drunken Splurge Of $125,000 Turned Into A Profitable Investment

In his debut address to the United Nations General Assembly, Argentine President Javier Milei delivered a speech that raised eyebrows for its striking resemblance to a key scene from the popular TV show <a href="https://www.benzinga.com/general/politics">&#8220;The West Wing.&#8221;</a>



The similarities between Milei&#8217;s words and a monologue delivered by the fictional President Josiah Bartlet in the fourth season of the political drama have sparked discussions on whether the president&#8217;s speech was plagiarism or intentional homage, as <a href="https://www.lanacion.com.ar/politica/el-dia-que-javier-milei-plagio-en-la-onu-al-personaje-de-la-serie-the-west-wing-nid03102024/">reported</a> by La Nación.



See Also: <a href="https://www.benzinga.com/news/24/10/41173594/incestuous-milei-donald-trumps-digital-slip-with-javier-milei-parody-accounts-goes-viral-on-x">&#8216;Incestuous Milei&#8217;: Donald Trump&#8217;s Digital Slip With Javier Milei Parody Accounts Goes Viral On X</a>



Prominent Argentine journalist Carlos Pagni was one of the first to point out the connection, highlighting the close alignment between Milei&#8217;s speech and Bartlet&#8217;s monologue.



<h3 class="wp-block-heading">Milei&#8217;s Speech At The UN</h3>



During his 15-minute address, Milei delivered a passage that many have noted bears an uncanny resemblance to Bartlet's speech from &#8220;The West Wing.&#8221;



"We believe in freedom of speech for all; we believe in freedom of worship for all; we believe in free trade for all, and we believe in limited governments, all of them,&#8221; Milei said during last week&#8217;s speech. &#8220;And since in these times what happens in one country quickly impacts others, we believe that all peoples should live free from tyranny and oppression, whether it takes the form of political oppression, economic slavery, or religious fanaticism. That fundamental idea must not remain mere words; it must be supported by deeds, diplomatically, economically, and materially."



This echoes a near-verbatim passage from the series&#8217; 15th episode of season four. 



&#8220;We're for freedom of speech everywhere. We're for freedom of worship everywhere. We're for freedom to learn&#8230; for everybody. And as in our time, you can build a bomb in your country and bring it to mine, what happens in your country is my business.,&#8221; President Bartlet, played by Martin Sheen, said to his team in the Oval Office.



&#8220;That's why we're for freedom from tyranny everywhere, whether it takes the form of political oppression, Toby, or economic slavery, Josh, or religious fanaticism, C.J. That fundamental idea can't be met simply with our support. It has to be met with our strength. Diplomatically, economically, materially.&#8221;



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="El día que Javier Milei "plagió" en la ONU al personaje de la serie The West Wing" width="500" height="281" src="https://www.youtube.com/embed/tFW6FpAUcv8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div></figure>



<h3 class="wp-block-heading">A Strategic Choice Or Plagiarism?</h3>



The resemblance between the two speeches is hard to ignore. Santiago Caputo, Milei's controversial communications advisor, actively embraces his dedication to &#8220;The West Wing.&#8221;



As Argentine journalist Hugo Alconada Mon recently pointed out, Caputo has reportedly watched the entire series between seven and nine times. Caputo even suggested that new employees at his consulting firm, Move Group, watch the show as a condition for joining the company.



This isn't the first time Milei's speeches have raised suspicions. His inaugural address on December 10th also featured rhetoric that bore a resemblance to Bartlet's character. 



Standing before the Argentine Congress, Milei said: ·The challenges we face are enormous, but so is our capacity to overcome them,&#8221; words eerily similar to Bartlet's famous line, &#8220;Every time we think we've measured our capacity to meet a challenge, we look up and realize that capacity may well be limitless.&#8221;



In another instance, Milei's national broadcast on April 22, where he proclaimed: &#8220;The era of the present State is over,&#8221; echoes a line from the show in which Bartlet's speechwriter Toby Ziegler says: &#8220;The era of big government is over.&#8221;



<h3 class="wp-block-heading">Milei&#8217;s West Wing-Inspired Style</h3>



Milei's reliance on &#8220;The West Wing&#8221; may extend beyond mere rhetoric. Observers have noted aesthetic similarities between Milei's public appearances and the institutional style portrayed in the series, particularly the podiums used for his speeches—an element that his predecessors have largely avoided.



The president's admiration for the fictional Nobel laureate economist Bartlet is also worth noting, as both share a professional background in economics. 



Yet, the parallels end there. Bartlet embodies a progressive Democrat with strong support for public institutions, while Milei&#8217;s libertarian views stand in stark contrast, advocating for minimal government intervention.



<h3 class="wp-block-heading">The Shadow Of Plagiarism Accusations Loom Over Argentina&#8217;s President</h3>



This is not the first time the Argentinian president has faced plagiarism accusations. 



Critics attacked Milei&#8217;s book &#8220;Pandenomics&#8221; for including several uncredited passages from authors like Gita Gopinath and Antonio Guirao Piñera. 



They also accused him of copying ideas from Austrian School economists like Ludwig von Mises and Murray Rothbard without proper citation in his columns. 



Milei defended himself arguing that as a &#8220;communicator&#8221; he isn&#8217;t obligated to cite sources in his writings.



Read Next:



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<li><a href="https://www.benzinga.com/general/entertainment/24/10/41149991/lali-esp-sito-the-argentinian-taylor-swift-released-a-diss-track-against-president-javier-m">Lali Espósito, The &#8216;Argentinian Taylor Swift,&#8217; Released A Diss Track Against President Javier Milei</a></li>
</ul>



Image credits: Shutterstock.

Latin America

Did Argentina's President Javier Milei Plagiarize 'The West Wing' In UN Speech?

Renowned author and entrepreneur Robert Kiyosaki recently expressed concerns over escalating global tensions and questioned the <a href="https://www.benzinga.com/news/24/08/40544194/robert-kiyosaki-kamala-harris-is-avocado-toast-her-lying-immoral-unethical-days-coming-to-an-end">current U.S. leadership&#8217;s strength</a>.



What Happened: On Saturday, Kiyosaki took to X to voice his concerns about the recent military actions by Israel and the potential for a global conflict. 



He questioned if this could be the start of World War III and urged his followers to be prepared.



<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">WWIII Israel just launched F35 to bomb Iran. Is this the start of WWIII? Are you prepared? This is what happens when we have weak leaders such as Joe Biden and Kamala Harris. As Jordan Peterson stated: "If you think tough leaders are bad…wait til you see the damage weak…&mdash; Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1842441325435924835?ref_src=twsrc%5Etfw">October 5, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Kiyosaki also criticized the current U.S. leadership, referring to President Joe Biden and Vice President Kamala Harris as &#8220;weak leaders.&#8221;



Also Read: <a href="https://www.benzinga.com/news/24/09/40869188/robert-kiyosaki-rings-alarm-bells-over-soaring-us-debt-the-dollar-is-trash">Robert Kiyosaki Rings Alarm Bells Over Soaring US Debt: &#8216;The Dollar Is Trash&#8217;</a>



The entrepreneur expressed his support for Donald Trump, calling him a strong leader.



Why It Matters: Kiyosaki&#8217;s comments come amidst rising global tensions. His criticism of the current U.S. leadership and support for Trump highlight the ongoing political divide in the country. 



His reference to the military actions by Israel and the potential for a global conflict underscore the increasing concerns about global stability and security.



While Kiyosaki is known for his financial advice, his recent tweet indicates a shift towards more political commentary. His views on leadership and global security issues could influence his followers and contribute to the ongoing political discourse.



Read Next



<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41126018/bitcoin-plunges-below-62k-as-iran-launches-missile-attack-on-israel">Bitcoin Plunges Below $62K As Iran Launches Missile Attack On Israel</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.

Global

Robert Kiyosaki: 'We Need Strong Leaders, That Is Why I Support My Friend Trump For President'

Jeff Bezos, the founder of Amazon, has a distinctive morning routine that avoids screen time for the first hour of the day. Recent neuroscience research indicates that this method could lead to smarter, healthier days.



What Happened: Bezos, unlike many CEOs, dedicates the initial hours of his day to non-digital activities. This routine, first unveiled in a 2018 speech at the Economic Club of Washington, includes reading the newspaper, savoring coffee, and having breakfast with family.



Bezos&#8217; partner, Lauren Sanchez, confirmed in a recent People interview that the couple adheres to a &#8220;no phones&#8221; rule in the mornings. Bezos is convinced that this slow, phone-free start enhances his energy and decision-making abilities throughout the day.



According to the report <a href="https://www.inc.com/jessica-stillman/jeff-bezos-says-the-1-hour-rule-makes-him-smarter-new-neuroscience-says-hes-right/90982121">by</a> Inc.com, neuroscience research backs Bezos&#8217;s claim. The Stanford Lifestyle Medicine Program suggests that limiting screen time, particularly in the morning, can yield significant health benefits.



Also Read: <a href="https://www.benzinga.com/general/entertainment/24/09/40760465/jeff-bezos-enforces-no-phones-in-the-morning-house-rule-says-partner-lauren-s-nchez-the-mor">Jeff Bezos Enforces &#8216;No Phones In The Morning&#8217; House Rule, Says Partner Lauren Sánchez: &#8216;The Mornings Are Just Us, For As Long As We Can&#8217;</a>



Overuse of screens has been associated with learning and memory issues, mental health problems, and even an elevated risk of brain-related diseases.



Maris Loeffler of Stanford Lifestyle Medicine advocates for adopting Bezos&#8217;s one-hour rule, proposing activities such as exercise, meditation, or reading as healthier alternatives to screen time. 



This approach aligns with Bezos&#8217;s belief in respecting personal rhythms and energy levels for a more productive day.



Why It Matters: The neuroscience-backed benefits of limiting screen time, especially in the morning, are becoming increasingly recognized. 



Bezos&#8217;s morning routine, which prioritizes non-digital activities, aligns with these findings and offers a model for other leaders to consider. 



The potential benefits of this approach, including enhanced energy and decision-making abilities, could have significant implications for productivity and overall well-being.



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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.

Health Care

Jeff Bezos Swears By This One-Hour Rule For Success — Now Neuroscience Backs It Up

President Joe Biden made his first-ever appearance at a regular White House press briefing on Friday, where he expressed uncertainty regarding the peaceful outcome of the upcoming presidential election. The President&#8217;s concerns stem from the rhetoric of <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">former President Donald Trump</a>.



What Happened: During the briefing, Biden voiced his doubts about the peaceful conclusion of the upcoming election.



Despite expressing confidence in the election being &#8220;fair and free,&#8221; Biden raised concerns about potential unrest, attributing it to Trump&#8217;s &#8220;very dangerous&#8221; comments. He confirmed that he has been receiving briefings related to domestic security, <a href="https://www.foxnews.com/media/conservatives-joke-biden-made-trump-campaign-ad-calling-harris-major-player-everything-admin-does">reports</a> Fox News.



When asked about his feelings towards the election and whether he believes it will be free, fair, and peaceful, Biden responded, &#8220;Two separate questions. I'm confident it will be free and fair. The things that Trump has said and the things that he said last time out, when he didn't like the outcome of the election, were very dangerous,&#8221; Biden said.



Also Read: <a href="https://www.benzinga.com/news/24/09/41080085/trump-voices-criticism-of-harris-and-biden-ev-policies-every-car-is-going-to-be-electric-they-say-i">Trump Voices Criticism Of Harris And Biden EV Policies: &#8216;Every Car Is Going To Be Electric, They Say. I Will Terminate That, On Day One&#8217;</a>



Biden also expressed concern over the Republican vice presidential candidate&#8217;s reluctance to accept the election outcome, drawing parallels with Trump&#8217;s reaction to the previous election results.



&#8220;The vice presidential Republican candidate did not say he'd accept the outcome of the election. He wasn't happy to accept the outcome of the last election. So I I'm concerned about what they're going to do,&#8221; Biden added. 



On the topic of security preparations, Biden assured, &#8220;I always get those briefings.&#8221;



Why It Matters: The peaceful transition of power is a cornerstone of American democracy. Biden&#8217;s concerns reflect the heightened political tensions in the country, largely fueled by Trump&#8217;s refusal to concede defeat in the 2020 election. 



This has led to widespread fears about potential unrest and violence surrounding the upcoming election. 



The President&#8217;s comments underscore the importance of maintaining peace and security during this critical period.



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<a href="https://www.benzinga.com/news/24/10/41177525/biden-praises-end-of-port-strike-highlights-importance-for-hurricane-helene-recovery-collective-barg">Biden Praises End Of Port Strike, Highlights Importance For Hurricane Helene Recovery: &#8216;Collective Bargaining Works&#8217;</a>

Biden Anticipates Potential Unrest In Upcoming Election: 'Trump Has Said Very Dangerous Things'

Known best as the former CEO and co-founder of Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Steve Jobs created some of the most visionary products of the <a href="https://www.benzinga.com/general/education/23/09/34704049/if-you-invested-in-apple-stock-instead-of-buying-iphones-each-year-heres-how-much-youd-have-tod">past 30 years.</a>



The late Apple co-founder also had some unique habits, including one that centered on his automobiles.



What Happened: Jobs is best remembered as a brilliant leader <a href="https://www.benzinga.com/news/23/10/35119619/tim-cooks-emotional-tribute-to-mentor-and-friend-honoring-steve-jobs-a-visionary-who-changed-the-wor">and tech visionary.</a>



For several years, Jobs had a unique habit of switching to a new vehicle of the same model and color every six months.



As <a href="https://www.autoweek.com/car-life/but-wait-theres-more/a1704461/heres-why-steve-jobs-got-same-new-car-every-six-months/" target="_blank" rel="noopener">Autoweek</a> shared, the Apple co-founder bought a new car every six months for decades.



Jobs would buy a black Porsche 911 and replace it six months later with the same Porsche 911. Jobs did this for many years before switching over to the Mercedes-Benz SL55.



According to the report, Jobs did this because he hated license plates.



At one point, the state of California did not require new vehicles to have a license plate for up to six months. Therefore, Jobs would lease a new vehicle every six months and then switch to a new model—a move that wouldn&#8217;t require him to ever need a license plate.



Did You Know?



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</ul>



The Loophole Ended Years Later: What would become known as the &#8220;Steve Jobs Loophole,&#8221; was eventually&nbsp;<a href="https://www.autoweek.com/car-life/but-wait-theres-more/a1713416/california-closes-steve-jobs-loophole-license-plate-will-require-temp/" target="_blank" rel="noreferrer noopener">ended&nbsp;</a>in January 2019.



The state of California made the switch to temporary license plates required at the time of a new vehicle sale. Under the new rule, the temporary license plates had to be replaced with real license plates for the front and back of the vehicles in the state.



Before 2019, the period was also cut down to three months without license plates required, which came after Jobs&#8217; death. So, we will never know if Jobs had made the move to have a new vehicle every three months before the loophole&#8217;s full end.



Jobs<a href="https://www.benzinga.com/general/education/23/06/33049968/if-you-invested-1-000-in-apple-stock-when-tim-cook-became-the-ceo-heres-how-much-youd-have-now" target="_blank" rel="noreferrer noopener"> served as the CEO of Apple </a>from 1997 until 2011, when he stepped down in August and chose Tim Cook to replace him. The move came two months before Jobs's death.



During his time at the helm of Apple, Jobs was known for many things, including the&nbsp;<a href="https://www.benzinga.com/general/education/23/09/34704049/if-you-invested-in-apple-stock-instead-of-buying-iphones-each-year-heres-how-much-youd-have-tod" target="_blank" rel="noreferrer noopener">introduction of the iPhone</a>&nbsp;— one of the most important products in the company's history.



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</ul>



This article was previously published by Benzinga and has been updated.



Image created using artificial intelligence via Midjourney.

Education

Apple Founder Steve Jobs Swapped Porsches Every 6 Months – Here's Why

Prominent venture capitalist Ben Horowitz intends to financially support Kamala Harris&#8216; presidential campaign – a move that comes on the heels of his recent financial support for political action committees that favor <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39445667/trumps-presidential-campaign-receives-over-limit-bitcoin-donation-from-winklevoss-twins">Donald Trump&#8216;s presidential bid</a>.



What Happened: Horowitz and his wife have committed to making a &#8220;significant donation&#8221; to entities backing the Harris-Walz campaign.



The venture capitalist, a co-founder of the firm Andreessen Horowitz, disclosed this in a letter to his employees. In the letter, he stated that he and his wife have been friends with Harris for over a decade.



According to a report <a href="https://www.axios.com/2024/10/04/ben-horowitz-endorse-kamala-harris">by</a> Axios, a person close to the firm confirmed the contents of the letter.



"I wanted to give you an update on my political activity. As I mentioned before, Felicia and I have known Vice President Harris for over 10 years and she has been a great friend to both of us during that time," Horowitz wrote in the letter. 



Also Read: <a href="https://www.benzinga.com/news/24/09/40971646/harris-vs-trump-kamala-harris-leads-in-fundraising-as-wall-street-silicon-valley-boost-her">Harris Vs Trump: Kamala Harris Leads In Fundraising As Wall Street, Silicon Valley Boost Her</a>



"As a result of our friendship, Felicia and I will be making a significant donation to entities who support the Harris Walz campaign," he also added in the letter. 



Despite their previous financial support for Trump&#8217;s campaign, Andreessen Horowitz has not officially endorsed any candidate for the 2024 election. The firm&#8217;s backing for Trump was linked to what they described as a superior &#8220;little tech agenda.&#8221;



Horowitz voiced his optimism about Harris after engaging in discussions with her and her team. However, he pointed out that her tech policy is still to be unveiled, and as such, the firm will not revise its position on that issue.



Why It Matters: The decision by Horowitz to back Harris&#8217; campaign marks a significant shift in his political leanings. 



His previous support for Trump&#8217;s PACs had been linked to the former president&#8217;s tech policies, which Andreessen Horowitz found favorable. 



However, with Harris&#8217; tech policy yet to be announced, it remains to be seen how this will influence the firm&#8217;s political endorsements moving forward.



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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.



Image: 



Image: Wikimedia Commons

VC Ben Horowitz First Endorsed Donald Trump, Now Pledges Support For Kamala Harris

On Friday, Tesla and SpaceX CEO Elon Musk said that they have been granted permission to deliver Starlink terminals and supplies to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41105907/hurricane-helene-shutters-baxter-internationals-key-manufacturing-hub-in-north-caro">disaster-stricken areas in North Carolina</a>. However, the approval allegedly met some resistance initially.



What Happened:&nbsp;Musk took to X, formerly Twitter, and complained that SpaceX engineers were barred by the Federal Emergency Management Agency or FEMA from delivering Starlink terminals and&nbsp;supplies.



&#8220;SpaceX engineers are trying to&nbsp;deliver Starlink terminals &amp;&nbsp;supplies to devastated areas in&nbsp;North Carolina right now and&nbsp;FEMA is both failing to&nbsp;help AND won't let others&nbsp;help. This is unconscionable,&#8221; he said.



He also shared a video showing the extent of the devastation, with&nbsp;roads, houses, electricity, water supply, and ground internet connections destroyed.



See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41136119/vance-vs-walz-flash-poll-picks-this-candidate-as-tuesdays-debate-winner-but-he-falls-short-in-favora?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Vance Vs. Walz: Flash Poll Picks This Candidate As Tuesday&#8217;s Debate Winner, But He Falls Short In Favorability Rating</a>



He further criticized FEMA for not allowing the SpaceX team to land and deliver critical supplies, adding, &#8220;My blood is boiling.&#8221;



However, in a later update, Musk confirmed that SpaceX had finally received the necessary approval from FEMA to proceed with the delivery of the Starlink terminals and supplies.



<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">Approval received&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1842350511082610925?ref_src=twsrc%5Etfw">October 4, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Why It Matters: Musk also clashed with Department of Transportation Secretary Pete Buttigieg over allegations that <a href="https://www.benzinga.com/news/24/10/41195165/pete-buttigieg-and-elon-musk-clash-over-hurricane-aid-flight-claims">federal authorities hindered flights</a> delivering aid to Hurricane Helene victims.



&#8220;The level of belligerent government incompetence is staggering,&#8221; he stated earlier.



Meanwhile, the White House also&nbsp;<a href="https://www.benzinga.com/news/24/10/41195085/white-house-counters-gop-accusations-of-fema-funds-misuse-denies-disaster-relief-funding-was-used-fo">refuted GOP claims</a>&nbsp;of FEMA funds mismanagement following the hurricane. &#8220;No disaster relief funding at all was used to support migrants housing and services. None. At. All.&#8221;



Earlier, President Joe Biden praised the end of a port strike&nbsp;that threatened to disrupt the U.S. economy, highlighting its <a href="https://www.benzinga.com/news/24/10/41177525/biden-praises-end-of-port-strike-highlights-importance-for-hurricane-helene-recovery-collective-barg">importance for Hurricane Helene&#8217;s recovery</a>.



Previously, former President Donald Trump claimed credit for the deployment of Starlink satellites to aid communication restoration in areas affected by the hurricane. However, <a href="https://www.benzinga.com/news/24/10/41110218/trump-says-he-spoke-with-elon-musk-for-starlink-deployment-to-aid-hurricane-helene-affected-areas-bu">he was contradicted by FEMA</a>.



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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.



Photo courtesy: Wikimedia

Elon Musk Said His Blood Was 'Boiling' After FEMA Allegedly Didn't Allow SpaceX Engineers To Deliver Starlink Terminals And Supplies To Hurricane Helene Victims, But Now They've Received Approval

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