Latest news for Getchell Gold (OTC:GGLDF) Stock

Getchell Gold Corp is a resource company committed to responsible exploration focused on gold and copper in Nevada. The company's projects are Fondaway canyon, Star, Dixie comstock, and Hot springs peak projects. Getchell Gold is directing its efforts on Fondaway Canyon, a past gold producer with an in-the-ground historic resources, and on the Star project, a past high-grade copper, gold, and silver small-scale producer. Along with Dixie Comstock, a past gold producer with a historic resource and one earlier stage exploration project, Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

News

Penny Stocks

Commodities

Markets

Trading Ideas

AMEGF

FTZFF

GGLDF

TCEFF

TCKRF

VMSSF

Source: Michael Ballanger 07/17/2024

Michael Ballanger of GGM Advisory Inc. shares his thoughts on the junior resource space and some stocks he believes should be on your radar.

Should You Be Fully Positioned in the Junior Resource Space?

WSTRF

Source: Michael Ballanger 04/29/2024

Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the markets, and shares some stocks he believes are worth taking a look at.

Finding Value in Copper and Gold Amid Market Chaos

Federal Reserve

ETFs

$BTC

Market Vectors ETF Trust Market Vectors Gold Miners

GDXJ

Source: Michael Ballanger 04/08/2024

Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the gold and silver market, as well as a few junior stocks he believes are worth looking into.

Silver and Gold: The Winning Bet

GETCHELL GOLD CORPORATION by Getchell Gold Corporation

Getchell Gold Corp

Microsoft Corp. co-founder and billionaire Bill Gates <a href="https://www.benzinga.com/news/24/07/39613049/tesla-ceo-elon-musk-divulges-his-publicly-traded-stock-portfolio-and-its-in-stark-contrast-to-that-o">wishes that</a> Tesla Inc. CEO Elon Musk would talk more about climate change but the latter might not.
What Happened: &#8220;He talks a lot. I hope he will talk more about climate,&#8221; Gates, known for his contributions to solving climate change, said with a laugh in an<a href="https://www.youtube.com/watch?v=5CLwNnpNGxc"> interview</a> with Bloomberg on Thursday. 
When asked by Bloomberg's Senior Executive Editor for Energy, Climate and Equality, John Fraher, as to what he would like Musk to talk about when he talks about climate, Gates said, &#8220;I don&#8217;t think he&#8217;ll listen to anybody telling him what to talk about. So. You know, he&#8217;s unique and he&#8217;ll talk about whatever he feels like.&#8221;
Gates also applauded Musk in the interview, commending his efforts in driving the car industry towards electric vehicles. Musk&#8217;s Tesla is the world&#8217;s largest battery electric vehicle seller with 443,956 EVs sold in the second quarter alone. 
Musk&#8217;s Take On Climate Change: Musk, however, thinks that climate change risk is &#8220;overstated in the near-term.&#8221;
&#8220;Climate change risk is overstated in the near-term, but probably accurate in the long-term,&#8221; Musk wrote on X in June while adding that industries must reduce carbon emissions into the atmosphere.
&#8220;What people do on the surface is essentially irrelevant,&#8221; Musk said while adding that taxing dairy farmers for the emissions released by their cattle as proposed by the country of Denmark &#8216;won&#8217;t matter&#8217; for climate change. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The truth is somewhere in the middle. Climate change risk is overstated in the near-term, but probably accurate in the long-term. All that matters is how many billions of tons of carbon are transferred from deep underground into the atmosphere and oceans, aka the "surface…
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1807518848037658828?ref_src=twsrc%5Etfw">June 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Gates and Musk have a strained relationship, mostly owing to Gates' <a href="https://www.benzinga.com/top-stories/24/07/39607932/exclusive-tesla-shorts-were-profitable-this-year-until-shareholders-approved-musks-pay-package-exper" target="_blank" rel="noreferrer noopener">short position in Tesla stock</a>. "Once Tesla fully solves autonomy and has Optimus in volume production, anyone still holding a short position will be obliterated. Even Gates," Musk said earlier this month.
Gates, however, has also previously applauded Musk. In an appearance on CNBC in 2021, Gates said, "We need more Elon Musks."
Both Gates and Musk are among the top five rich people around the globe. While Musk tops the chart with a total net worth of $264 billion, Gates is in the fifth position with a total net worth of $160 billion, according to the Bloomberg Billionaires Index. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39870378/elon-musk-says-tesla-deleted-crowdstrike-from-its-systems-but-was-not-untouched-by-global-it-outage">Elon Musk Says Tesla Deleted CrowdStrike From Its Systems But Was Not Untouched By Global IT Outage: &#8216;Unfortunately, Many Of Our Suppliers&#8230;Use It&#8217;</a></li>
</ul>
Photo courtesy: Wikimedia and Shutterstock

Tech

Bill Gates Wants Elon Musk To Talk About Climate But Tesla CEO Thinks Climate Change Alarm Is Exaggerated: 'He'll Talk About Whatever He Feels Like'

Warren Buffett's Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) has offloaded approximately 33.9 million shares of Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), equivalent to around $1.48 billion, as per a regulatory filing with the U.S. Securities and Exchange Commission (SEC.)
What Happened: The transactions were executed this week, bringing down Berkshire Hathaway&#8217;s ownership to about 999 million BofA shares. The Charlotte, North Carolina-based bank lists Berkshire as one of its biggest shareholders.
Berkshire, under the leadership of Buffett, holds a diverse portfolio of bank investments, encompassing stakes in Wells Fargo &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) and JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>).
The conglomerate first invested in Bank of America in 2011, purchasing $5 billion of preferred stock and warrants to buy 700 million common shares, at a time when many investors were apprehensive about the bank&#8217;s capital requirements.
See Also: <a href="https://www.benzinga.com/news/earnings/24/07/39853970/dow-plunges-over-500-points-following-unexpected-surge-in-us-jobless-claims?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dow Plunges Over 500 Points Following Unexpected Surge In US Jobless Claims</a>
Why It Matters: This move is in line with Berkshire&#8217;s recent trend of trimming its holdings in various companies. In Q1 2024, Berkshire <a href="https://www.benzinga.com/markets/equities/24/05/38965414/5-stocks-that-warren-buffetts-berkshire-hathaway-has-been-trimming">reduced its stakes in five major companies</a>, including a significant sale of over 116 million shares of Apple Inc.
In June, Berkshire <a href="https://www.benzinga.com/markets/equities/24/06/39356657/warren-buffetts-berkshire-hathaway-further-reduces-position-in-this-tesla-rival-an-investment-ch">further reduced its stake</a> in China-based electric vehicle maker BYD Co Ltd., fetching proceeds of HK$ 310.5 million ($39.8 million). This was part of a series of small quantity offloads of BYD shares over the years.
Price Action: Bank of America Corp.'s shares closed 0.26% lower at $42.90 on Friday. Berkshire Hathaway Inc.'s Class A shares fell 1.63% to $652,040, while Berkshire Hathaway Inc.'s Class B shares closed 1.66% lower at $434.47, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39870085/trump-boasts-very-good-phone-call-with-zelenskyy-says-russia-ukraine-will-come-together-and-negotiat">Trump Boasts &#8216;Very Good&#8217; Phone Call With Zelenskyy, Says Russia-Ukraine Will &#8216;Come Together And Negotiate A Deal That Ends The Violence&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Flickr

Equities

Warren Buffett's Berkshire Hathaway Sells 33.9M Bank Of America Shares, Worth $1.48B

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk on Friday said that the EV company was affected by the recent global IT outage which gave a<a href="https://www.benzinga.com/news/24/07/39870321/tesla-ceo-elon-musk-blasts-satya-nadella-after-microsoft-crowdstrike-issue-takes-down-millions-of-co"> &#8216;seizure&#8217; to the automotive supply chain. </a>
What Happened: A software update of U.S. cybersecurity firm CrowdStrike Holdings&#8216; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) Falcon platform on Thursday night led to widespread disruptions in Microsoft Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) systems, pushing critical global services such as airports, ports, financial institutions, and hospitals to a standstill. The issue stemmed from the CrowdStrike update conflicting with Microsoft&#8217;s Windows operating system, leading to a blue screen of death (BSOD) issue for Windows users. 
Musk on Friday said that the disruption in Microsft systems gave a &#8220;seizure&#8221; to the automotive supply chain. The CEO confirmed in a post on X that Tesla deleted Crowdtrike from all of its systems but it was still affected as many of its suppliers and logistics companies &#8220;unfortunately&#8221; use it.
<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">Unfortunately, many of our suppliers and logistics companies use it
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1814341188822167660?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Microsoft, which leverages CrowdStrike&#8217;s services to enhance security for its Azure and Office365 software, said on Friday morning that the underlying cause of the outage has been resolved, helping resume halted services across sectors. 
Microsoft&#8217;s Windows operating system, deployed on&nbsp;<a href="https://www.benzinga.com/markets/equities/24/07/39853528/microsoft-cloud-outage-grounds-flights-disrupts-operations-of-frontier-allegiant-and-sun-country" target="_blank" rel="noreferrer noopener">machines of businesses across industries</a>&nbsp;like airline, healthcare, IT, and even 911 services, is the dominant desktop operating system in the world, with a 72% market share. 
Microsft shares <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39858714/crowdstrike-shares-trim-heavy-losses-as-microsoft-announces-resolution-of-global-te">closed down </a>0.7% at $437.11 on Friday while Crowdstrike shares closed down 11.1% at $304.96 following the IT outage. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39870115/spacex-ceo-elon-musk-says-safe-destruction-of-international-space-station-will-be-a-very-dramatic-ev" target="_blank" rel="noreferrer noopener">SpaceX CEO Elon Musk Says Safe Destruction Of International Space Station Will Be A ‘Very Dramatic Event:' ‘Sky Full Of Shooting Stars'</a></li>
</ul>
Image Via Shutterstock

CRWD

MSFT

TSLA

Elon Musk Says Tesla Deleted CrowdStrike From Its Systems But Was Not Untouched By Global IT Outage: 'Unfortunately, Many Of Our Suppliers...Use It'

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk slammed Microsoft Corp.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Satya Nadella following the <a href="https://www.benzinga.com/news/24/07/39870313/microsoft-crowdstrike-issue-caused-largest-it-outage-in-history-showing-how-much-we-depend-on-a-hand">massive IT outage</a> caused by a faulty update pushed out by CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>).
What Happened: Musk slammed Nadella, saying, "This gave a seizure to the automotive supply chain."
This comes after Nadella posted a statement on social media platform X, formerly Twitter, saying that the company is working with its clients to bring their systems back online <a href="https://www.benzinga.com/markets/equities/24/07/39854612/windows-pcs-crash-worldwide-with-users-experiencing-blue-screen-of-death-issue-crowdstrike-updat">after the outage</a> caused by CrowdStrike.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This gave a seizure to the automotive supply chain
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1814334171701014848?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
It's not the only instance of Musk mocking Microsoft – he quoted one of his posts from 2021, which said, &#8220;Macrohard &gt;&gt; Microsoft.&#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">… <a href="https://t.co/X9a2ghyo4P">https://t.co/X9a2ghyo4P</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1814203437275361458?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Musk also revealed that CrowdStrike's software has been removed from the systems of his companies, but he did not specify exactly which of his companies he was referring to.
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.
"We just deleted CrowdStrike from all our systems, so no rollouts at all."
<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">We just deleted Crowdstrike from all our systems, so no rollouts at all
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1814336158505050523?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
However, he added that "many of our suppliers and logistics companies use it."
<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">Unfortunately, many of our suppliers and logistics companies use it
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1814341188822167660?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Security researcher Troy Hunt described it as the "largest IT outage in history."
See Also: <a href="https://www.benzinga.com/news/24/07/39855896/how-to-fix-crowdstrike-issue-causing-blue-screen-of-death-on-your-windows-pc">How To Fix CrowdStrike Issue Causing Blue Screen Of Death On Your Windows PC</a>
Why It Matters: The Microsoft-CrowdStrike issue has impacted millions of computers around the world. Microsoft's Windows operating system, deployed on <a href="https://www.benzinga.com/markets/equities/24/07/39853528/microsoft-cloud-outage-grounds-flights-disrupts-operations-of-frontier-allegiant-and-sun-country">machines of businesses across industries</a> like airline, healthcare, IT, and even 911 services, is also the dominant desktop operating system in the world, with a 72% market share.
A bad update to a CrowdStrike service led to the blue screen of death (BSOD) issue for Windows users, preventing them from accessing their computers.
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:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39866711/government-agency-advises-public-against-testing-911-in-wake-of-crowdstrike-outage">Government Agency Advises Public Against Testing 911 In Wake of CrowdStrike Outage</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photos courtesy: Shutterstock and Flickr

Social Media

Tesla CEO Elon Musk Blasts Satya Nadella After Microsoft-CrowdStrike Issue Takes Down Millions Of Computers Globally: 'This Gave A Seizure To The Automotive Supply Chain'

The <a href="https://www.benzinga.com/markets/equities/24/07/39854612/windows-pcs-crash-worldwide-with-users-experiencing-blue-screen-of-death-issue-crowdstrike-updat">global IT outage</a>, which has been attributed to a software update from cybersecurity firm CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), has been described as the &#8220;largest IT outage in history," impacting computer systems running on Microsoft Corp.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Windows operating system and cloud services.
What Happened: The Microsoft-CrowdStrike incident has affected businesses worldwide, including airlines, banks, media, and <a href="https://www.benzinga.com/markets/equities/24/07/39853528/microsoft-cloud-outage-grounds-flights-disrupts-operations-of-frontier-allegiant-and-sun-country">even 911 services</a>, and has highlighted the extent of our reliance on a few key companies.
Microsoft&#8217;s cloud services were also affected, resulting in the grounding and cancellation of flights for several airlines.
Microsoft <a href="https://www.benzinga.com/markets/equities/24/07/39853528/microsoft-cloud-outage-grounds-flights-disrupts-operations-of-frontier-allegiant-and-sun-country">reported issues with its cloud services</a> in the Central U.S. region, which impacted the operations of several airlines. The outage led to the grounding and cancellation of flights for several airlines.
See Also: <a href="https://www.benzinga.com/general/entertainment/24/07/39852314/netflix-ends-lowest-priced-ad-free-plan-in-the-us-here-are-your-choices-now?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Netflix Ends Lowest-Priced Ad-Free Plan In The US: Here Are Your Choices Now</a>
While Microsoft&#8217;s cloud services have since been restored, the incident has raised concerns about the extent of our dependence on a few key companies.
Security researcher Troy Hunt described it as the "largest IT outage in history," especially since tech companies managed to avoid the "Y2K" issue.
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.
<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">I don't think it's too early to call it: this will be the largest IT outage in history
&mdash; Troy Hunt (@troyhunt) <a href="https://twitter.com/troyhunt/status/1814198760387596407?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Overdependence On Few Companies: The widespread outage caused by this incident also shows how much the world&#8217;s critical infrastructure depends on companies like Microsoft and CrowdStrike.
&#8220;You&#8217;re starting to see more instances where a mistake happens, it cascades, and then all of a sudden, the public is going to feel it, whether it&#8217;s a canceled medical procedure or their flight stuck on the tarmac,&#8221; Chris Cummiskey, CEO of Cummiskey Strategic Solutions and a former official with the U.S. Department of Homeland Security, <a href="https://www.businessinsider.com/it-outage-reminds-us-of-dependency-on-few-tech-companies-2024-7">told</a> Business Insider.
According <a href="https://www.statista.com/topics/1003/operating-systems/">to</a> Statista, the Windows operating system accounts for 72% — or 3 out of every 4 computers in the world – while Apple's macOS has a 15% share. This is one of the reasons why the Microsoft-CrowdStrike issue had such a large-scale impact on business across industries.
Why It Matters: The outage has underscored the potential risks associated with the world&#8217;s reliance on a few key companies for critical services. The incident has affected a wide range of industries, including healthcare, finance, and transportation, raising concerns about the potential impact of such widespread reliance.
CrowdStrike is a cybersecurity company based out of Austin, Texas. It provides cloud protection and endpoint security services and is deployed on the computer systems of a large number of organizations around the world, as Friday's IT outage has shown.
Check out more of Benzinga'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/24/07/39859372/fbi-reportedly-used-israel-based-security-firms-unreleased-technology-to-crack-trump-shooters-phone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">FBI Reportedly Used Israel-Based Security Firm&#8217;s Unreleased Technology To Crack Trump Shooter&#8217;s Phone</a>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Microsoft-CrowdStrike Issue Caused 'Largest IT Outage In History,' Showing How Much We Depend On A Handful Of Companies

President Joe Biden on Friday slammed former President Donald Trump over the contents of his speech at the Republic National Convention in Milwaukee earlier this week, including the <a href="https://www.benzinga.com/news/24/07/39854007/trump-says-he-will-end-the-electric-vehicle-mandate-on-day-one-days-after-tesla-ceo-elon-musks-endor">latter&#8217;s promise of ending a so-called &#8220;EV mandate.&#8221;</a>
What Happened: Biden said in a thread on X that he had the &#8220;distinct misfortune&#8221; of watching Trump&#8217;s speech as he is home with COVID. The president went on to dispute the key points in Trump&#8217;s speech including the latter&#8217;s promise of ending the EV &#8216;mandate&#8217; on day one of his potential future presidency. 
&#8220;He said he'll end the "electric vehicle mandate" on day one. Donald, there is no electric car mandate,&#8221; Biden wrote on X. 
<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">He said he'll end the "electric vehicle mandate" on day one. Donald, there is no electric car mandate. And American manufacturing is booming under my administration.
&mdash; Joe Biden (@JoeBiden) <a href="https://twitter.com/JoeBiden/status/1814455602699219419?ref_src=twsrc%5Etfw">July 20, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Trump on Thursday referred to the Biden administration's aim to ensure that a majority of new passenger cars and light trucks sold in the United States are all-electric or hybrids by 2032 as the &#8220;EV mandate,&#8221; claiming that Biden is attempting to take away the choice of purchasing gasoline-powered cars from American customers. 
Biden Disputes Trump On Unions, Manufacturing Jobs: The President also slammed Trump for his call for the resignation of the United Auto Workers (UAW) union chief&nbsp;Shawn Fain.
&#8220;He attacked unions, and it's not the first time. Not even close,&#8221; Biden said while adding that he is the &#8220;most pro-worker president in history.&#8221; 
&#8220;Donald doesn't know a damn thing about protecting workers and their rights. He should be ashamed,&#8221; the president added.
Trump on Thursday told the crowd gathered at Fiserv Forum that he would bring all manufacturing jobs back into the U.S. by forcing foreign players to build plants in America and employ U.S. workers, failing which they will be imposed with heavy tariffs. 
Biden disputed the claim of America having lost manufacturing jobs under his leadership saying that American manufacturing has only boomed under him. &#8220;Donald, look at the facts. With my bipartisan legislation, manufacturing jobs are booming with nearly 800,000 new jobs. Trump promised the same in 2016 and failed,&#8221; Biden wrote. 
Biden, overall, summed his thoughts on Trump&#8217;s speech with, &#8220;What the hell was he talking about?&#8221;
&#8216;Trump Wants To Be A Dictator&#8217;: Biden alleged on Friday that Trump wants to be a dictator and reminded people of the time when COVID was at its peak and Trump called on people to inject bleach. Biden also alleged that Trump proposed cutting Social Security and Medicare every year he was in office despite his claims of wanting to protect them. 
Trump&#8217;s Project 2025 will raise taxes on the middle class and cause more inflation, he added.
<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">He bragged about getting along with dictators. That's because Trump wants to be a dictator. He said so himself.<a href="https://t.co/ThkDNeDCOO">pic.twitter.com/ThkDNeDCOO</a>
&mdash; Joe Biden (@JoeBiden) <a href="https://twitter.com/JoeBiden/status/1814463808670224860?ref_src=twsrc%5Etfw">July 20, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: As per a <a href="https://www.benzinga.com/news/24/07/39853944/biden-vs-trump-ex-president-takes-commanding-national-lead-as-democratic-support-for-incumbent-crumb">recent CBS News/YouGov survey</a>, which collected responses from 2,247 registered voters nationwide between July 16-18 after the shooting incident at Trump&#8217;s Pennsylvania rally, the former President increased his lead over Biden with the latest tally standing at 52%-47% in the former's favor. 
This five-point lead would be his largest national lead over Biden in the presidential election campaign so far, the pollster said. "It's been 20 years since a Republican presidential candidate has won the national popular vote, and over 30 years since a Republican won by more than five," CBS News' report said.
Two-thirds of the registered voters said Trump's handling of the July 13 assassination attempt has not changed their consideration, while 26% said it has made them more likely to consider the former president. 7% said it has made them less likely to consider him.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39870115/spacex-ceo-elon-musk-says-safe-destruction-of-international-space-station-will-be-a-very-dramatic-ev">SpaceX CEO Elon Musk Says Safe Destruction Of International Space Station Will Be A &#8216;Very Dramatic Event:&#8217; &#8216;Sky Full Of Shooting Stars&#8217;</a></li>
</ul>
Images Via Shutterstock

Politics

Biden Claps Back After Trump's EV 'Mandate' Comments At RNC: 'What The Hell Was He Talking About?'

Billionaire entrepreneur Richard Branson disclosed his most significant business failure- Virgin Cola&#8211; and the crucial lesson it imparted in a recent podcast. 
What Happened: Branson, the founder of the Virgin Group, revealed on the &#8216;Work-Life With Adam Grant&#8217; <a href="https://podcasts.apple.com/qa/podcast/richard-branson-on-saying-yes-now-and-figuring-it-out-later/id1346314086?i=1000659299425">podcast</a> that the failure of Virgin Cola, a soda launched by his company in 1994, taught him a valuable lesson. Despite initial success in the U.K., the product failed to maintain its position, particularly in the U.S. market, leading to its eventual closure.
Branson shared that the failure of Virgin Cola, which was intended to challenge industry giants Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) and Pepsi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>), taught him the importance of seeing oneself as an underdog.
"People quite like the underdog," he said. "You don't always want to be the smarta&#x2A;&#x2A; that is successful." The key point, he said, is trying again after a failure.
&#8220;It was a lot of fun, it didn&#8217;t do the brand any harm, it taught us some lessons. I think the main lesson was if you are going to take on a giant, make sure you are much better than them,&#8221; the billionaire added on the podcast published on Thursday. 
Why It Matters: Branson&#8217;s<a href="https://www.benzinga.com/news/24/06/39542884/virgin-group-co-founder-richard-branson-reveals-the-worst-career-advice-he-ever-received"> Virgin Group controls over 400 companies</a> in various fields including music, aircraft, and space travel. His popular companies include the Virgin Atlantic Airlines and space tourism company Virgin Galactic. 
However, a few of his business ventures have also failed including Virgin Cola and Virgin Cars. Branson&#8217;s rocket company Virgin Orbit<a href="https://www.benzinga.com/news/23/04/31648397/richard-bransons-space-dreams-crash-as-virgin-orbit-files-for-bankruptcy"> went bankrupt </a>last year despite going public in 2021 with a $4 billion valuation. 
According to Forbes, Branson has a net worth of $2.6 billion. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/07/39870013/elon-musk-reacts-as-rapper-meek-mill-flexes-his-all-black-cybertruck-ahead-of-his-new-song-">Elon Musk Reacts As Rapper Meek Mill Flexes His All-Black Cybertruck Ahead Of His New Song Named After Tesla&#8217;s EV Truck</a></li>
</ul>
Image from Shutterstock

Billionaire Richard Branson Once Tried Taking On Coca-Cola, Which Turned Out To Be His 'Most Notable Failure:' He Says It Taught Him That People 'Quite Like The Underdog'

SpaceX CEO Elon Musk said on Friday that the <a href="https://www.benzinga.com/news/24/06/39516687/elon-musks-spacex-wins-843m-contract-for-historic-nasa-mission">deorbiting of the International Space Station (ISS) </a>and its subsequent burning up during re-entry into Earth&#8217;s atmosphere will be &#8220;a very dramatic event&#8221; with the sky over the Pacific showing streaks of light resembling shooting stars. 
What Happened: &#8220;This will be a very dramatic event. Sky full of shooting stars, albeit over an empty region of the Pacific (but we will still get great video),&#8221; Musk wrote on X about the ISS&#8217;s disposal scheduled for around 2030. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This will be a very dramatic event. Sky full of shooting stars, albeit over an empty region of the Pacific (but we will still get great video).
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1814337118887456926?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
NASA&nbsp;chose SpaceX&nbsp;to develop and deliver the U.S. Deorbit vehicle (USDV) to deorbit the space station and ensure a lack of risk to populated areas in late June. SpaceX will develop the deorbit spacecraft under the contract valued at $843 million and NASA will take ownership afterward and operate it through the mission.
The space agency said in a statement on Wednesday that the deorbit spacecraft would move the station out of orbit and into a remote area of an ocean at the end of its operations around 2030.
Both the spacecraft and the station are expected to break up through the process of re-entry into Earth's atmosphere. Any remnants will subsequently fall harmlessly into the ocean.
Talking about the hardships involved in the process, Musk said that it will be &#8220;harder than it may seem.&#8221;
&#8220;ISS has pretty low max thrust limits, as the solar arrays are very floppy, but requires a high total impulse to deorbit with precision,&#8221; the CEO said on Friday.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is harder than it may seem. ISS has pretty low max thrust limits, as the solar arrays are very floppy, but requires a high total impulse to deorbit with precision.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1814366082385224060?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Which launch vehicle will launch the deorbiting spacecraft into space has not been ascertained to date.
However, the deorbiting vehicle will be launched about one and a half years before the final re-entry burn, ISS program manager&nbsp;Dana Weigel&nbsp;said in a media teleconference on Wednesday. The crew will stay on&nbsp;<a href="https://www.benzinga.com/news/24/02/36885276/starlab-to-launch-in-single-flight-before-iss-shutdown-thanks-to-spacexs-starship" target="_blank" rel="noreferrer noopener">board the station</a>&nbsp;until 6 months before the final re-entry, they added.
Once the ISS reaches an altitude of about 140 miles, the USDV will "perform a series of burns to set us up for that final deorbit, and then four days later it will do the final re-entry burn," Weigel said.
The spacecraft designed for the deorbiting of the space station will have six times more propellant and four times the power of its Dragon spacecraft, <a href="https://www.benzinga.com/news/24/07/39831791/spacex-unveils-iss-deorbit-vehicle-design-resembling-dragon-spacecraft-with-6x-more-propellant-and-4">SpaceX said </a>earlier this week. A conceptual image of the vehicle shared by the company also shows certain resemblances to SpaceX&#8217;s Dragon spacecraft. 
The ISS, which was launched in 1998, &nbsp;is operated by space agencies from the U.S., Europe, Japan, Canada, and Russia. All countries except Russia have committed to operating the station until 2030. Russia has only pledged to participate until 2028.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39857939/polaris-dawn-crew-including-shift4-ceo-jared-isaacman-don-spacex-spacesuits-designed-for-spacewalks">Polaris Dawn Crew Including Shift4 CEO Jared Isaacman Don SpaceX Spacesuits Designed For Spacewalks Ahead Of Mission: &#8216;Profound Feeling&#8217;</a></li>
</ul>
Image Via Dall-E 3

SPACE

SpaceX CEO Elon Musk Says Safe Destruction Of International Space Station Will Be A 'Very Dramatic Event:' 'Sky Full Of Shooting Stars'

Republican presidential nominee Donald Trump engaged in a phone call with Ukrainian President Volodymyr Zelenskyy, discussing potential peace plans amid the ongoing <a href="https://www.benzinga.com/topic/russia-ukraine-war">Russia-Ukraine conflict</a>.
What Happened: Trump and Zelenskyy deliberated on possible steps toward a peace deal. Trump commended Zelenskyy for initiating the conversation and reiterated his commitment to ending the violence between Russia and Ukraine.
"President Zelenskyy of Ukraine and I had a very good phone call earlier today."
On the matter of the ongoing Russia-Ukraine war, Trump said, "I appreciate President Zelenskyy for reaching out because I, as your next President of the United States, will bring peace to the world and end the war."
"Both sides will be able to come together and negotiate a deal that ends the violence and paves a path forward to prosperity."
Zelenskyy confirmed the discussion on social media platform X, formerly Twitter, expressing gratitude to the U.S. for its support in Ukraine&#8217;s resistance against Russian aggression. He also hinted at a potential in-person meeting with Trump to further discuss peace plans.
<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">I spoke with <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a> to congratulate him on the Republican nomination and condemn the shocking assassination attempt in Pennsylvania. I wished him strength and absolute safety in the future. I noted the vital bipartisan and bicameral American support for protecting our…
&mdash; Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) <a href="https://twitter.com/ZelenskyyUa/status/1814424885164421439?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Given Ukraine&#8217;s heavy reliance on American military aid to combat the Russian invasion since 2022, this call is seen as a strategic move by Zelenskyy. He aims to maintain Trump&#8217;s support, especially if Trump defeats President Joe Biden in the upcoming November elections.
See Also: <a href="https://www.benzinga.com/news/24/07/39852186/marco-rubio-says-if-biden-drops-out-of-race-he-should-quit-as-president-as-well-theyve-got-to-remove?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Marco Rubio Says If Biden Drops Out Of Race He Should Quit As President As Well</a>
Why It Matters: Zelenskyy has been <a href="https://www.benzinga.com/news/24/04/38194808/i-will-with-pleasure-listen-zelenskyy-leaves-door-open-to-trumps-vision-for-ukraine-russia-peace-set">vocal about his willingness</a> to consider Trump&#8217;s ideas for ending the war. In April, he stated that he would &#8220;with pleasure&#8221; consider Trump's suggestions for a peace deal between Ukraine and Russia involving territorial concessions.
Trump reportedly <a href="https://www.benzinga.com/news/24/06/39472302/trump-favors-advisors-plan-to-end-ukraine-russia-war-if-reelected-report">responded positively</a> to a strategy proposed by his advisors to conclude the conflict in Ukraine. The plan involves a conditional cessation of U.S. military aid, hinging on Trump's potential triumph in the upcoming presidential elections.
These developments come amidst NATO&#8217;s <a href="https://www.benzinga.com/news/24/07/39590765/nato-to-trump-proof-ukraine-aid-after-bidens-weak-debate-performance-with-40b-annual-financial-pledg">efforts to "Trump-proof"</a> Ukraine aid by establishing a $40 billion annual financial pledge of military support to Ukraine and creating a new post in Kyiv.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/07/39806561/did-trump-pick-the-right-running-mate-poll-finds-44-believe-j-d-vance-was-chosen-for-a-simple-re?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Did Trump Pick The Right Running Mate? Poll Finds 44% Believe J.D. Vance Was Chosen For A Simple Reason</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photos courtesy: Shutterstock

Global

Trump Boasts 'Very Good' Phone Call With Zelenskyy, Says Russia-Ukraine Will 'Come Together And Negotiate A Deal That Ends The Violence'

The stock market is on the brink of a historic sell-off, according to renowned black-swan investor Mark Spitznagel. He has issued a stark warning about the potential collapse of the &#8220;<a href="https://www.benzinga.com/markets/equities/24/06/39284305/stock-market-bubble-could-lead-to-monster-buying-opportunity-says-wall-street-veteran">greatest bubble</a> in human history.&#8221;
What Happened: Spitznagel, known for his successful bets on market-moving &#8220;black swan&#8221; events, in an <a href="https://www.wsj.com/finance/investing/greatest-bubble-nearing-its-peak-says-black-swan-manager-6f531740">interview</a> with the Wall Street Journal on Friday, reiterated his bearish outlook on the stock market. He compared the ongoing market rally to the dot-com bubble of the late 90s, which ended <a href="https://www.benzinga.com/general/23/02/30737519/hedge-funder-who-made-4-000-in-2020-crash-sends-dire-warning-again">in a significant crash in 2000.</a>
&#8220;You don&#8217;t feel like a fool for making a bearish argument.&#8221;
The current bubble&#8217;s burst could have more severe consequences due to the U.S. government&#8217;s $34 trillion debt, he said, comparing the current market situation to a &#8220;mega-tinderbox-time bomb.&#8221; This debt, he believes, would hinder the Federal Reserve&#8217;s ability to prevent a recession in time.
&#8220;I think we&#8217;re on the way to something really, really bad — but of course I&#8217;d say that.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/07/39807224/trump-told-robert-kennedy-jr-over-the-phone-that-the-bullet-felt-like-the-worlds-largest-mosquito?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Told Robert Kennedy Jr Over The Phone That The Bullet Felt Like &#8216;The World&#8217;s Largest Mosquito&#8217;</a>
Why It Matters: Spitznagel, whose Universa Investments <a href="https://www.benzinga.com/general/24/05/38961339/black-swan-fund-warns-not-to-be-excited-for-fed-rate-cuts-since-itll-be-when-the-greatest-credit-bub">fund profited heavily</a> from the 2008 market crash, the 2015 flash crash, and the onset of the COVID-19 pandemic, has been cautioning about a potential crash since January 2023. He now believes that the timeline for the impending crisis is clearer, and a recession could be looming by year-end.
Spitznagel&#8217;s warning adds to a growing chorus of voices predicting a market crash. In June, economist Harry Dent <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39257592/economist-warns-crash-of-a-lifetime-is-coming-predicts-s-p-500-to-plummet-86-from-t">predicted an &#8220;everything&#8221; bubble</a> that could surpass the severity of the Great Recession. Similarly, in July, economist John Higgins suggested that a <a href="https://www.benzinga.com/markets/equities/24/07/39748555/stock-market-bubble-burst-if-trump-wins-2024-election-says-top-economist-policies-would-jeopardi">Trump presidency could trigger an early burst</a> of the AI stock rally.
Despite these warnings, some experts see the potential market crash as a <a href="https://www.benzinga.com/markets/equities/24/06/39284305/stock-market-bubble-could-lead-to-monster-buying-opportunity-says-wall-street-veteran">buying opportunity</a>. Chief Investment Officer Richard Bernstein suggested that the most expensive stocks in the market are likely overvalued and could be heading for a correction, presenting a significant buying opportunity for other areas of the market.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/07/39815808/elon-musk-claps-back-after-gavin-newsom-shares-donald-trumps-drop-to-your-knees-and-beg-post-abo?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Claps Back After Gavin Newsom Shares Donald Trump&#8217;s &#8216;Drop To Your Knees And Beg&#8217; Post About Tesla CEO</a></li>
</ul>
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

General

Black-Swan Investor Says 'Greatest Bubble In Human History' Is On The Verge Of Bursting, Calls Stocks 'Mega-Tinderbox-Time Bomb'

American rapper Meek Mill has seemingly joined the long list of celebrities to own a Cybertruck. But unlike the others on the list, the rapper also teased a song named after Tesla Inc&#8216;s stainless steel electric truck.
What Happened: Mill released a short snippet of a music video on Instagram last week. The video features two Cybertrucks parked facing each other and Mills confirmed that the song is titled&#8230;.&#8221;Cybertruck.&#8221; The video also features the Mercedes-Maybach S-Class and the Lamborghini Urus.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/19223524/Screenshot-2024-07-20-at-8.05.00%E2%80%AFAM-1024x439.png" alt="" class="wp-image-446829" /><figcaption class="wp-element-caption">Credit: Instagram/MeekMill</figcaption></figure>
While it is unclear if either of the two Cybertruck in the music video belongs to Mill, the rapper seemingly owns a Cybertruck himself. New Jersey-based vehicle customizer Car Effex posted a video earlier this week of Mills driving away in a customized, matte black-wrapped Cybertruck. 
<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">Cool
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1814367416324874612?ref_src=twsrc%5Etfw">July 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
&#8220;Can I get a Tesla cyber truck?????,&#8221; Mill wrote on X in February. 
<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">Can I get a Tesla cyber truck?????
&mdash; MeekMill (@MeekMill) <a href="https://twitter.com/MeekMill/status/1754562884300947524?ref_src=twsrc%5Etfw">February 5, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In April, the rapper expressed frustration over the <a href="https://www.benzinga.com/government/24/04/38331377/tesla-recalls-over-3-800-cybertrucks-citing-unintended-acceleration-risk">recall of over 3,800 Cybertrucks</a> owing to concerns of unintentional acceleration and wrote, &#8220;Wassup with these cyber trucks because I had another brand electric car &#8216;not Tesla&#8217; do the same thing I crashed and got hurt bad&#8230;&#8221; The singer was driving a GMC Hummer EV.
&#8220;The airbags didn't even come out in a totaled car! Tesla has always been safe for me I tried some new shit and it almost killed me the first day!,&#8221; Mill added about the accident.
<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">Wassup with these cyber trucks because I had another brand electric car "not Tesla "do the same thing I crashed and got hurt bad…. The air bags didn't even come out in a totaled car! Tesla has always been safe for me I tried some new shit and it almost killed me the first day!
&mdash; MeekMill (@MeekMill) <a href="https://twitter.com/MeekMill/status/1781363332278071607?ref_src=twsrc%5Etfw">April 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The accident did not seemingly deter the rapper from making another EV purchase. 
Why It Matters:&nbsp;The Cybertruck&#8217;s stainless steel body allows no exterior paint. However, customers can wrap the truck, either with wraps available at Tesla&#8217;s online shop, or more individualistic wraps from third-party customizers. The clear and paint films available on Tesla shop are priced between $5000-$6500.
Tesla started delivering the Cybertruck in November. Since then, several celebrities and popular names have taken delivery of it including&nbsp;Justin Bieber,&nbsp;Jay-Z&nbsp;and&nbsp;Beyonce,&nbsp;Serena Williams, and&nbsp;Lady Gaga.
The celebrity status of the Cybertruck is likely due to the vehicle&#8217;s unconventional design, high price point, and the few units available on the road. The vehicle pricing starts at $79,990 for the all-wheel drive version and $99,990 for the more premium Cyberbeast version. A lower-priced rear-wheel drive version of the truck will be&nbsp;<a href="https://www.benzinga.com/news/24/04/38130429/new-cybertruck-orders-will-only-be-delivered-in-2025-says-tesla-website" target="_blank" rel="noreferrer noopener">available in 2025</a>, as per the company website, starting at $60,990.
Tesla is currently scaling the production of the Cybertruck and aims to make 250,000 annually by 2025. The company has touched a weekly production rate of 1,300 Cybertrucks, Musk said at Tesla's annual shareholder meeting in June. The EV maker is looking to increase it further this year to touch 2,500 units by year-end,<a href="https://www.benzinga.com/news/24/06/39330272/tesla-ramping-up-cybertruck-production-to-touch-2-500-units-per-week-non-foundation-series-to-start" target="_blank" rel="noreferrer noopener">&nbsp;the CEO added</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39855931/elon-musk-says-tesla-will-deploy-fsd-in-cybertrucks-with-version-12-5-stays-mum-on-fresh-timeline-af">Elon Musk Says Tesla Will Deploy FSD In Cybertrucks With Version 12.5: Stays Mum On Fresh Timeline After Delay</a></li>
</ul>
Image Via Shutterstock

Entertainment

Elon Musk Reacts As Rapper Meek Mill Flexes His All-Black Cybertruck Ahead Of His New Song Named After Tesla's EV Truck

Meta Platforms Inc. CEO Mark Zuckerberg has applauded former President Donald Trump&#8216;s handling of a <a href="https://www.benzinga.com/news/24/07/39761846/trump-left-bloodied-after-shots-fired-at-pennsylvania-rally-evacuated-by-secret-service">recent assassination attempt</a>, terming it &#8220;bad&#x2A;&#x2A;s&#8221; in a recent interview.
What Happened: Zuckerberg did not endorse Trump or any other candidate for the forthcoming elections. In an <a href="https://www.bloomberg.com/news/articles/2024-07-19/mark-zuckerberg-calls-donald-trump-badass-without-endorsing-for-president">interview</a> with Bloomberg, he reiterated that Meta would persist in reducing political content in users&#8217; feeds, in response to users&#8217; preference for less of it.
Speaking on the attempt on Trump's life, Zuckerberg had a few words of praise for the former president, despite the latter's feelings towards the Meta CEO not being as warm.
"Seeing Donald Trump get up after getting shot in the face and pump his fist in the air with the American flag is one of the most bad&#x2A;&#x2A;s things I&#8217;ve ever seen in my life."
"As an American, it&#8217;s, like, hard to not get kind of emotional about that spirit and that fight, and I think that that&#8217;s why a lot of people like the guy."
See Also: <a href="https://www.benzinga.com/news/24/01/36710449/biden-mocks-trump-after-ex-president-mixes-up-nikki-haley-with-former-speaker-she-is-not-nancy-pelos?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Biden Mocks Trump After Ex-President&#8217;s Campaign Rally Gaffe</a>
Zuckerberg&#8217;s remarks come at a time when the role of Big Tech in politics is under scrutiny. He reaffirmed Meta&#8217;s commitment to limiting political content on its platforms, including Facebook, Instagram, and Threads.
While Zuckerberg&#8217;s praise for Trump has attracted attention, his comments on Meta&#8217;s position on political content could have more profound implications for the company&#8217;s role in future elections.
Why It Matters: The relationship between Trump and Zuckerberg has been fraught with tension. The former president <a href="https://www.benzinga.com/news/24/07/39723781/trump-threatens-to-jail-metas-mark-zuckerberg-and-election-fraudsters-if-re-elected-dont-do-it-be-ca">had previously stated </a>on Truth Social that he would like to see Zuckerberg and other &#8220;election fraudsters&#8221; in prison if he were to be re-elected.
A few days later, Meta <a href="https://www.benzinga.com/news/24/07/39759624/meta-removes-heightened-penalties-on-donald-trumps-accounts-a-day-after-ex-president-threatens-to-pu">lifted the additional restrictions</a> previously imposed on Trump&#8217;s accounts.
Last year, Trump <a href="https://www.benzinga.com/news/22/09/28744962/trump-says-weirdo-mark-zuckerberg-came-to-white-house-for-dinner-with-him-last-week-1">referred to Zuckerberg</a> as a &#8220;weirdo&#8221; during a rally. He also <a href="https://www.benzinga.com/news/23/02/31063532/trump-lashes-out-after-report-of-zuckerberg-linked-groups-2m-donation-to-georgia-elections-board-why">called for Zuckerberg&#8217;s prosecution</a> following a report of links to the Georgia Election Board.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/politics/24/01/36877020/robert-f-kennedy-jr-doesnt-want-to-be-trumps-vice-president-pick-heres-why?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Robert F. Kennedy Jr. Doesn&#8217;t Want To Be Trump&#8217;s Vice President Pick, Here&#8217;s Why</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photos courtesy: Flickr and Shutterstock

Mark Zuckerberg Calls Trump's Response To Assassination Attempt 'Bad**s' Days After Ex-President Threatened To Jail Meta CEO

Lattice Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) has outperformed the market over the past 5 years by 15.26% on an annualized basis producing an average annual return of 28.1%. Currently, Lattice Semiconductor has a market capitalization of $7.75 billion. 
Buying $100 In LSCC: If an investor had bought $100 of LSCC stock 5 years ago, it would be worth $343.28 today based on a price of $56.33 for LSCC at the time of writing.
<h3>Lattice Semiconductor's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721424625_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LSCC

Here's How Much You Would Have Made Owning Lattice Semiconductor Stock In The Last 5 Years

Republic Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>) has outperformed the market over the past 10 years by 7.87% on an annualized basis producing an average annual return of 18.57%. Currently, Republic Servs has a market capitalization of $64.08 billion. 
Buying $1000 In RSG: If an investor had bought $1000 of RSG stock 10 years ago, it would be worth $5,492.98 today based on a price of $203.46 for RSG at the time of writing.
<h3>Republic Servs's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721424620_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,500 Today

Jefferies analyst Biren Amin downgrades Agenus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGEN#NASDAQ">AGEN</a>) from Buy to Hold and raises the price target from $3 to $7.

Downgrades

Price Target

Analyst Ratings

AGEN

Jefferies Downgrades Agenus to Hold, Raises Price Target to $7

13 analysts have expressed a variety of opinions on Floor &amp; Decor Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">10</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $113.92, along with a high estimate of $127.00 and a low estimate of $100.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 4.8%. 
<img src="https://www.benzinga.com/files/images/story/2024/1721422881_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Floor &amp; Decor Hldgs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steven Zaccone</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$104.00</td>
<td>$109.00</td>
</tr>
<tr>
<td>Max Rakhlenko</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$100.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Keith Hughes</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$115.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Justin Kleber</td>
<td>Baird</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$127.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$100.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$125.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Michael Lasser</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$125.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Max Rakhlenko</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$115.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Greg Melich</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$115.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Seth Basham</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$125.00</td>
<td>-</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$110.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>David Bellinger</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$110.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Joseph Feldman</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$110.00</td>
<td>$110.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Floor &amp; Decor Hldgs. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Floor &amp; Decor Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Floor &amp; Decor Hldgs's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Floor &amp; Decor Hldgs's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FND/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Floor &amp; Decor Hldgs analyst ratings.</a>
<h2>About Floor &amp; Decor Hldgs</h2>
Floor &amp; Decor Holdings Inc operates as a specialty retailer in the hard surface flooring market. Its stores offer a range of tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories at everyday low prices. It appeals to a variety of customers including professional installers, commercial businesses, Do It Yourself (DIY) customers, and customers who buy the products for professional installation. Geographically, the group has a presence in the United States region and also offers its product through an e-commerce site.
<h3>Floor &amp; Decor Hldgs's Economic Impact: An Analysis</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Decline in Revenue: Over the 3 months period, Floor &amp; Decor Hldgs faced challenges, resulting in a decline of approximately -2.21% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 4.56%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Floor &amp; Decor Hldgs's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.56%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Floor &amp; Decor Hldgs's ROA stands out, surpassing industry averages. With an impressive ROA of 1.07%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Floor &amp; Decor Hldgs's debt-to-equity ratio is below the industry average. With a ratio of 0.84, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: What Are They?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Down Floor & Decor Hldgs: 13 Analysts Share Their Views

8 analysts have shared their evaluations of T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated T-Mobile US and provided 12-month price targets. The average target is $197.5, accompanied by a high estimate of $210.00 and a low estimate of $185.00. This current average reflects an increase of 5.78% from the previous average price target of $186.71. 
<img src="https://www.benzinga.com/files/images/story/2024/1721422874_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The analysis of recent analyst actions sheds light on the perception of T-Mobile US by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Rollins</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$210.00</td>
<td>$184.00</td>
</tr>
<tr>
<td>Bryan Kraft</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$200.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>James Schneider</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Buy</td>
<td>$200.00</td>
<td>-</td>
</tr>
<tr>
<td>David Barden</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$195.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Matthew Harrigan</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$200.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Paul Gallant</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$202.00</td>
<td>$204.00</td>
</tr>
<tr>
<td>Kutgun Maral</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$188.00</td>
<td>$184.00</td>
</tr>
<tr>
<td>Brandon Nispel</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$185.00</td>
<td>$175.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to T-Mobile US. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of T-Mobile US compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for T-Mobile US's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of T-Mobile US's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TMUS/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on T-Mobile US analyst ratings.</a>
<h2>About T-Mobile US</h2>
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the us T-Mobile now serves 77 million postpaid and 21 million prepaid phone customers, equal to around 30% of the us retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves more than 5 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.
<h3>A Deep Dive into T-Mobile US's Financials</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: T-Mobile US's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -0.19%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 12.12%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): T-Mobile US's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.74% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): T-Mobile US's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.15% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.86.
<h2>Analyst Ratings: What Are They?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TMUS

Breaking Down T-Mobile US: 8 Analysts Share Their Views

Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) has outperformed the market over the past 5 years by 19.11% on an annualized basis producing an average annual return of 31.96%. Currently, Steel Dynamics has a market capitalization of $20.18 billion. 
Buying $100 In STLD: If an investor had bought $100 of STLD stock 5 years ago, it would be worth $407.23 today based on a price of $128.44 for STLD at the time of writing.
<h3>Steel Dynamics's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721422820_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

STLD

Here's How Much $100 Invested In Steel Dynamics 5 Years Ago Would Be Worth Today

Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) has outperformed the market over the past 10 years by 18.66% on an annualized basis producing an average annual return of 29.36%. Currently, Lam Research has a market capitalization of $119.76 billion. 
Buying $100 In LRCX: If an investor had bought $100 of LRCX stock 10 years ago, it would be worth $1,297.74 today based on a price of $916.00 for LRCX at the time of writing.
<h3>Lam Research's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721422816_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LRCX

Here's How Much $100 Invested In Lam Research 10 Years Ago Would Be Worth Today

UBS analyst Joshua Spector maintains PPG Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPG#NYSE">PPG</a>) with a Neutral and raises the price target from $140 to $142.

UBS Maintains Neutral on PPG Indus, Raises Price Target to $142

Getchell Gold plans to raise up to $5M through debenture financing

Small Cap

Press Releases

Getchell Gold Corp to Attend the 2024 Vancouver Resource Investment Conference

Getchell Gold Corp. Announces Closing of Second and Final Tranche of Equity Financing

Getchell Gold Corp. Announces Closing of Second Tranche of Debenture Financing

Getchell Gold Corp. Welcomes New Chairman Bob Bass and Announces Change of Directors

Getchell Gold Corp. Announces Final Tranche of Debenture Financing

Getchell Gold Corp. Announces Warrant Extension and Debt Settlement

Getchell Gold Corp. Announces Closing of Debenture Financing

Getchell Gold Corp. Appoints Michael Hobart to Board of Directors

Getchell Gold Corp.'s 2024 Field Work Delivers a 7% Increase in the Bulk Density of the Mineralized Host Rock at the Fondaway Canyon Gold Project, Nevada

Getchell Gold Corp. Engages Forte Dynamics for Preliminary Economic Assessment of the Fondaway Canyon Gold Project, Nevada

CSE:GTCH

Getchell Gold

Source: <a href="https://www.streetwisereports.com/article/2024/03/11/lift-off-the-golden-bull-returns.html?utm_medium=feed">Michael Ballanger 03/11/2024</a>

Michael Ballanger of GGM Advisory Inc. takes a look at current trends in the gold and uranium market, and shares a couple stocks in his portfolio.

For most of 2023, and in fact, since January 2020, when I first launched the GGMA Advisory service, I have been exalting the wonders of gold ownership for a myriad of reasons that date back to the 2008 GFC. Without reciting those reasons, you all know them. Whether they be geopolitical strife, profligate government spending, or banking shenanigans, if I lined them all up in 2005 and asked you to put a dollar value for gold, you would give me a number north of $5,000 per ounce. Yet, despite the vilest of debasement campaigns in the history of modern civilization, the U.S. dollar defied all logic and analysis and steadfastly refused to break out through the ceiling established back in 2011 after the U.S. government gave a blank cheque to the international banking cartel and flooded the world with greenbacks.

This week marks a watershed for me in many respects.

<h2>Gold</h2>

It validates what I have been writing about for most of my career: that gold is money and that everything else is indeed debt. Gold is the money of kings, and debt is the money of slaves. If one follows that mantra, then cash, stocks, bonds, crypto, and virtually every other form of financial asset is merely a proxy for debt and completely vulnerable to counter-party risk. For those like-minded souls who have striven all their lives for freedom from the shackles of societal pressure and government oppression, the only clear path to financial freedom has always been through the ownership of gold.

I wrote several months ago, as gold wallowed in the maddening, bullion bank-orchestrated trading range between $1,800 and $2,000, that 2024 would be the year that gold finally broke free. I urged overweight positions not in crypto or lithium or uranium or any of the &quot;flaveur du jour&quot; narratives that would be advanced by the legions of podcasting and you-tubing &quot;influencers&quot; where &quot;talking up one&#39;s book&quot; (pumping stock positions one holds) has become an art form rather than the frowned-upon dalliances of the celebrity fund managers. I suggested for most of the last six months that we were approaching escape velocity for gold bullion while praying for (rather than predicting) that the gold miners would finally get the memo.

As thousands of PDAC attendees departed the hallowed halls of the Toronto Metro Convention Centre last Wednesday, leaving a trail of broken dreams and discarded presentation brochures on the littered floors, it was the uranium crowd that came away most disheartened because when the bookings were confirmed back in Q3 2023, it appeared that uranium was going to be the favored son of the convention. Prices had rocketed from $50/lb. during last year&#39;s PDAC to a high of $105/lb. in the weeks leading up to the conference and judging from the number of uranium penny stocks exhibiting at the convention, they most certainly expected an amplified celebration of capitalism by the time the doors closed.

However, the main theme began with copper taking the limelight in the first few sessions, but by Wednesday, it was the mind-numbing explosion in gold prices that captured the fancies of the investor crowd. While I stuck to my insistence to not attend PDAC (since 2016), colleagues attending were making the tongue-in-cheek remark that &quot;I guess there will be a ton of name changes from &quot;lithium&quot; to &quot;gold&quot; coming up!&quot; I might add that the wannabes that pivoted from lithium to uranium in 2023 are now going to be pivoting once again back to gold, where they began as a listed shell five years ago. Such is life in the world of the junior resource sector.

I have been telling my subscribers to ignore all of the sensationalist grandstanding from all of the usual rockstar gurus that have been called for &quot;$100 silver!&quot; and &quot;$300 yellowcake!&quot; while keeping all eyes focused on the one instrument that is widely followed by the algobots that dominates the global financial markets these days which is the SPDR Gold Shares ETF (GLD:US) that actually tracks not the gold shares but rather the bullion price in what was originally supposed to be a 10:1 ratio. The non-human bid-hunters that roam the cyber world of stock trading with mountain upon mountain of central bank-and-government-created liquidity focus not upon the Comex price or the London fixes or even spot gold in New York or Shanghai; they focus on the GLD:US.

Whatever they can get their tentacles around is what they trade, and that is why the August 2020 peak at $194.45 was for me and my subscribers, the only number that counted in terms of the breakout. I wrote of the need for a &quot;2-day close above $194.45&quot; in order to avoid the possibility of an intraday whipsaw, and that is exactly what occurred last Monday and Tuesday as the GLD:US went out at $196.05 on Monday and then refused to look behind.

As the champagne flutes clinked and the golden pompoms were dusted off, there were some concerns that still demanded caution. The silver price still refuses to take the leadership role that precious metals bull markets demand. While up on the week, it is the GTSR (gold-to-silver-ratio) at nearly 90 is reminiscent of the post-pandemic period, where gold exploded out of the gate in response to those egregious stimulus programs launched by the Fed and the U.S. Treasury but trailed miserably by a flaccid silver response.

Also failing to grasp the moment were the gold miners led by the VanEck Senior Gold Miners ETF (GDX:US) whose weekly advance was impressive but still miserable relative to the gold price, as shown in this chart.

<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202431162241_1.png" style="height:312px; width:700px" />

The quasi-experts that are quoted day-in and day-out on Instagram, X, and YouTube, all point to the poor management history of the global gold miners as justification for underperformance. They cite &quot;rising input costs&quot; or &quot;poorly-timed acquisitions&quot; or &quot;too many upper management bodies&quot; while tsk-tsking and wagging fingers disdainfully, but that argument hits the wall when one realizes that algobots that control today&#39;s stock exchanges do not read income statements or balance sheets. They only know volume and price, and it is the interplay

between volume and price that determines &quot;flow,&quot; and for these AI-driven machines, that is all that counts. So, because the entire gold mining sector could be bought by a fraction of the market cap of NVidia, there is insufficient liquidity in the miners to attract even the slightest portion of the passive investment flows that automatically move into the MAG SEVEN names every month with unyielding consistency.

<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202431162309_2.png" style="height:312px; width:700px" />

The other problem with this rally is that the commercial traders led by the Bullion Banks took full advantage of the breakout to lay out 48,440 new shorts, which was the largest weekly increase in the aggregate short interest in months. Mind you, the COT week ended on Tuesday, March 5, with gold going out at $2,141,90, which means that those sales were offside $44.30 per ounce by the weekly closing price.

The aggregate short interest of 206,792 is not particularly large, as I have seen that number increase to over 300,000 at other major tops. Furthermore, the price can and probably will continue to rise along with the Commercial short position until it exceeds 300,000, after which history would advise that one gets more defensive.

<h2>Newmont Corp.</h2>

The most important point in this analysis is that the algobots are now going to be forced to maintain a &quot;Buy all dips&quot; execution strategy rather than the &quot;Sell all rallies&quot; one that they have been practicing for what seems like ages. Importantly, that pertains to gold bullion, but the real opportunity here lies in the gold miners whose value relative to the price of gold can only be deemed as &quot;absurd.&quot; I offer as an example the shares of Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>), the world&#39;s largest gold producer and the worst-acting of the lot going into the end of February.

Newmont has made some aggressive acquisitions in recent years, obviously into what they viewed as depressed prices, scooping up Australian gold miner Newcrest Mining for $15 billion while adding roughly 15 million new ounces of gold to its portfolio. Seen as an &quot;overpayment&quot; by many as recently as a month ago, it may just turn out to have been a brilliant &quot;underpayment&quot; if the price of gold moves to $2,300-2,500 before the end of 2024. Price action always dictates the appropriate narrative until that same price action suddenly shifts, and foolhardiness turns to genius.

I learned many years ago to &quot;Never confuse bull markets with brains,&quot; and in keeping with the unjustified pillaging of Newmont, &quot;Never confuse bear markets with buffoonery,&quot; and that is exactly what the quasi-experts were doing in a gang-attack style of pile-on, bottom-of-the-market capitulation that is so typical of today&#39;s social media bullying and narrative-chasing.

<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202431162340_3.png" style="height:621px; width:680px" />

This chart (note the date) was posted the day after a notable gold &quot;guru&quot; (often seen sporting an oversized black cowboy hat) posted several totally vitriolic and emotional tweets referring to Newmont as an &quot;overpriced piece of $#$%&quot; and vowing to sell his position and never buy it back.

I posted the chart as a &quot;contrarian buy&quot; because I could not see how the news could get any worse and not because I was in possession of clairvoyant powers and knew that gold would break out a week later.

The NYSE ARCA GOLD BUGS INDEX (HUI:US) closing at 228 is still ridiculously undervalued when you consider that it saw its last major peak back in 2020 at 370 when gold was still under $2,100.

<h2>Getchell Gold</h2>

Getchell Gold Corp.

Following behind in wonderful fashion, the junior gold developers are going to be rerated higher after suffering abandonment for the better part of forty-three months.

Top-ranked Getchell Gold Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GGLDF#OTC">GGLDF</a>) finally clawed its way back to $.20 and now that it was able to secure the final installment of its Fondaway Canyon acquisition from 2020, it now is 100% owner of 2,059,900 ounces of gold in the premier gold mining jurisdiction in the U.S. (Nevada) and intend to proceed to expand the resource to Tier Two status with drill programs later in the season.

<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202431162406_4.png" style="height:639px; width:700px" />

I honestly cannot recall the last time that the RSI for the GLD:US moved into the &#39;80s, but in glancing at the 5-year chart, it turns out that it was August 2020 which marked the top of the post-pandemic rally created by the money-printing orgy that preceded it.

All momentum indicators that I use are now in solidly &quot;overbought&quot; territory, and that certainly warrants near-term caution but in no way demands that I sell positions. This will be a &quot;Battle Royale&quot; between the bullion banks, the algobots, and the East Asian buyers, who all have vested interests in maintaining the status quo.

I promise you that in the next week or so, the pundits will all have reasons for the breakout and/or profit-taking that will bounce the gold price around, but just remember that of all the expert commentators that will attempt to provide reasons for the breakout, there is only one entity that knows for sure why gold is moving in any one direction and that entity is gold itself.

Only gold truly knows. . .

<h2>The Dow Jones Industrials ETF</h2>

<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202431162446_5.png" style="height:639px; width:700px" />

The Dow Jones Industrials ETF (DIA:US) has been stubbornly strong for the better part of five months and has weathered several possible storms that threatened to derail the move, but up until February 23, it looked unstoppable. This past week was another down week, but it was not only an orderly decline; there was zero consternation over anything, including a wonky jobs report, descending consumer confidence, and an obviously slowing economy.

I have been short the DIA through limited-risk and quite modest put positions for both December and March, and both have not entirely worked out as planned (a polite way of saying that they have been vaporized). However, when you hedge &quot;small,&quot; you are always able to fight another day, and that is exactly what I am doing with the June series of put options.

The U.S. stock market is ridiculously overvalued against the backdrop of a slowing economy, shrinking full-time job growth, and a looming debt bomb. However, the offset has been fiscal stimulus, which is the one tool that the Democrats believe can save the November election, where incumbent Joe Biden is sadly trailing. The inflationary tactics of the White House are the primary reason that I must keep by hedges &quot;small,&quot; and the reason lies in the following quote (which you have all read before): &quot;Never underestimate the replacement power of equities within an inflationary spiral.&quot;

It may just be that the stock market is telling us that we are in the early stages of a Weimar-style, Zimbabwe-esque hyperinflation that is &quot;hiding in plain sight&quot; with the 20% ascent since last October. In 1921-1923, in Germany, citizens were protected against the ravages of currency debasement and 100,000% inflation only through the ownership of equities, just as the top-performing market of the 1980s was the Zimbabwe Stock Exchange but only in terms of its domestic currency.

<h2>Uranium</h2>

On the topic of uranium, I sent out a chart last week of Cameco Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) when it was trading around $40 in which I called for a Fibonacci retracement move from under $40 to $44.14, which was also where the 100-dma and 50-dma converge.

The stock has since moved up to $44.47 on Friday and then proceeded to collapse to $41.23 on massive volume.

While I am still a believer in the uranium fundamentals, the bloom is definitely off the rose as the &quot;U3O8 to $300!&quot; has been muted by a checkback to under $100/lb., closing out the week at $93.50 for the high of $105 seen in February. I await CCJ:NYSE visiting the $39 level over the near-term action as an opportunity to replace the call options I and my subscribers sold when I put out the &quot;SELL&quot; at $51 on January 12.

As we proceed into the month of March and onward into 2024, the two metals to own are copper and gold, with positions in Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>), Getchell Gold Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GGLDF#OTC">GGLDF</a>), and Fitzroy Minerals Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FTZFF#OTC">FTZFF</a>)&nbsp;comprising the bulk of the GGMA portfolio.

For now, though, gold reigns supreme.

<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202431162527_6.png" style="height:639px; width:700px" />

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comments

Getchell Gold

News

Latest news for Getchell Gold (OTC:GGLDF) Stock

Friday, July 19, 2024

Wednesday, May 01, 2024

Thursday, April 11, 2024

Tuesday, March 19, 2024

Tuesday, March 24, 2020