Latest news for Peloton Minerals (OTC:PMCCF) Stock

Peloton Minerals Corp is a Canada based company. The company is an exploration stage company that is engaged in the business of locating and exploring mineral properties. The company holds three Carlin-style gold exploration projects situated on the Carlin and Long Canyon Gold Trends in Elko County, Nevada, all of which are permitted for drilling.

News

Intraday Update

Markets

Movers

Trading Ideas

AAEEF

AAVMY

ABEV

ABGSF

ABMD

ABTX

ACCFF

ACCYY

ACHV

ACNB

ACRFF

ACRGF

ACSAY

ACST

ACTG

ADMA

ADTN

ADVZF

AERI

AFLYY

AGCO

AGEEF

AGESY

AGLXY

AHFD

AHKSY

AHOTF

AICAF

AINV

AIPUY

AIRG

AIRYY

AISSF

AKO-A

AKZOY

ALDX

ALEAFIA HEALTH INC ORD by Aleafia Health Inc.

ALEAF

ALEX

Allianz Ag Muenchen Namen-Akt Vinkuliert Shares

ALIZF

ALLY

ALOT

ALSN

ALTM

ALXEF

ALXN

AMCR

AMHPF

AMKBF

AMKBY

AMNB

AMPH

AMRN

AMSLF

ANAT

ANGO

ANIP

Australia and New Zealand Banking Group Limited

ANZBY

ANZFF

APELY

APEX

APHA

APTS

ARCB

ARCC

ARGGY

ARGO

ARLP

ARNA

ARNGF

AROC

ARREF

ARRRF

Stocks That Hit 52-Week Lows On Friday

ACGLO

ACGLP

ACOPF

ACRL

AHNR

AKRO

ALMFF

AMAT

AMYZF

ANSS

APHD

ARCAY

ARCT

ASMIY

ASML

ASMLF

AUDC

BALMF

BGAVF

BHPBF

BKRRF

BPYPP

BYND

CAGDF

CHMA

CHOLF

CKDXY

CMPGY

CNMF

CNNB

CPRT

CRVL

CRWD

CVAS

CZMWY

DCGD

DISH

DRGDF

DYFSF

New Oriental Education & Technology Group

EFIN

ENPH

ESGRO

ESGRP

FALC

FRRVY

FTMNF

GKPRF

GNBT

GNCGF

GNRC

GNTX

HCHDF

HGKGY

IBERIABANK Corporation - Depositary Shares Representing Series B Fixed to Floating

IBKCP

ICGUF

IEHC

INGIY

IPHI

ISCB

ISDAY

ISVLF

JYNT

KDKN

KELYA

KGTFY

KLAC

KNTNF

KRYS

KTOS

LMEFF

LPLA

LRAD

LRCX

LSYN

LZAGF

Stocks that Broke 52-Week Highs Tuesday

PELOTON MINERALS CORP by Peloton Minerals Corporation

Peloton Minerals Corp

In a recent poll, Sen. Mark Kelly (D-Ariz.) has emerged as the top choice among potential Democratic VP candidates for Vice President Kamala Harris.
What Happened: An ABC News/Ipsos poll conducted on July 26-27, 2024, as reported by <a href="https://thehill.com/homenews/campaign/4797349-mark-kelly-seen-most-favorably-of-potential-vp-picks-followed-by-shapiro-beshear-buttigieg-poll/">The Hill</a>, revealed that Kelly holds a 10-point net favorability rating among Americans. However, a significant number of voters either don&#8217;t know or don&#8217;t hold the opinion of most of the potential VP contenders.
Following Kelly, three Democrats tied for second place with positive 4-point net favorability ratings: Pennsylvania Gov. Josh Shapiro, Kentucky Gov. Andy Beshear, and Transportation Sec. Pete Buttigieg.
Buttigieg and California Gov. Gavin Newsom were the only Democrats known to a majority of respondents. However, Newsom had a negative 12-point rating, with more respondents viewing him unfavorably.
See Also: <a href="https://www.benzinga.com/news/24/07/39996908/trump-vs-harris-new-poll-shows-ex-president-leading-democratic-candidate-by-a-narrow-margin-but-vice?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Harris: New Poll Shows Ex-President Leading Democratic Candidate By A Narrow Margin, But Vice President&#8217;s Favorability Is Faring Better Than Biden</a>
In the same poll, Harris&#8217;s favorability increased by 8 points from the previous week. She also outperformed former President Donald Trump&#8217;s and President Joe Biden&#8217;s negative favorability ratings.
The poll comes as Harris solidifies her position as the party&#8217;s presumptive nominee, with no serious challenger and increasing endorsements from Democrats.
Why It Matters: Harris&#8217;s potential VP pick has been a <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39919247/who-will-kamala-harris-pick-for-vice-president-crypto-bettors-have-4-favorites-for-democra">topic of speculation</a> since she secured enough delegates to win the Democratic Party&#8217;s nomination, as reported by Benzinga. The VP pick could play a crucial role in drumming up additional support from Democratic and Independent voters.
Shapiro&#8217;s <a href="https://www.benzinga.com/news/24/07/39997572/josh-shapiro-emerges-as-potential-vp-candidate-at-kamala-harris-endorsement-event-he-would-look-good">name emerged</a> as a potential VP candidate at a Harris endorsement event earlier as well, according to a prior report. The event saw several influential figures endorsing Shapiro as a potential vice presidential candidate.
Meanwhile, Harris has been <a href="https://www.benzinga.com/news/24/07/40001853/trump-vs-harris-harris-leading-trump-in-maine-has-edge-with-gen-z-nationally">leading Trump</a> in Democratic-leaning Maine by 8 points, according to a poll conducted by the University of New Hampshire, as reported by Benzinga.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39999465/trump-raises-eyebrows-with-controversial-remark-at-florida-event-in-four-years-you-dont-have-to-vote?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Raises Eyebrows With Controversial Remark At Florida Event: &#8216;In Four Years, You Don&#8217;t Have To Vote Again&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Politics

General

Mark Kelly Favored By Voters As VP Pick For Kamala Harris, Shows Poll — Shapiro, Beshear, Buttigieg Tied As Second Favorites

The rapid increase in the number of new energy vehicles in China has led to a financial conundrum for the country&#8217;s insurers. The insurers are <a href="https://www.benzinga.com/news/large-cap/24/01/36787463/how-evs-high-tech-vehicles-are-fueling-surge-in-insurance-stocks">finding it challenging to make a profit</a> from insuring these vehicles, despite charging higher premiums.
What Happened: The surge in NEV ownership in China has led to a surge in insurance premiums, but insurers are still struggling to turn a profit. The insurers&#8217; loss ratio for NEVs is higher than for traditional vehicles, making it difficult for them to make money from insuring NEVs, <a href="https://www.caixinglobal.com/2024-07-26/electric-cars-are-draining-the-batteries-of-chinas-insurers-102220215.html">reported</a> Caixin.
China&#8217;s NEV market has been growing rapidly, with the number of insured NEVs increasing from around 7 million in 2021 to over 20 million in 2023. Despite this, insurers are generally losing money when they insure NEVs, with the combined ratio for household NEVs typically standing between 105% and 110%, and that for ride-hailing NEVs roughly between 120% and 130%.
Xiaomi Corp.&#8216;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>)&nbsp; first new energy vehicle, the SU7, is priced at 215,900 yuan ($29,735). Despite its competitive retail price, the cost of insuring the SU7 is nearly as high as that of a combustion-engine vehicle that is more than twice its price.
This is fairly typical, as NEV owners are approximately twice as likely to file a claim, according to data from LexisNexis Risk Solutions.
Liu Shulin, president of the CIRI Auto Technology Institute, attributes this to several factors. NEVs accelerate faster, with a Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Model 3 reaching 100 km/h in 4.4 seconds, nearly twice as fast as a comparable BMW (OTC: BMWYY. NEVs&#8217; expensive batteries are costly to repair, often requiring manufacturer service. 
Additionally, widespread NEV use in the ride-hailing industry results in higher mileage, increasing risk. Some NEV owners face insurance renewal issues after exceeding 20,000 kilometers in a year.
Insurers typically avoid unprofitable deals, but government support for the NEV industry complicates this. The National Financial Regulatory Administration&#8217;s (NFRA) April guidelines require insurers to cover NEVs to support China&#8217;s carbon goals for 2030 and 2060.
One solution is raising premiums, but current rules prevent this. Insurance premiums in China are influenced by an autonomous pricing coefficient, capped by regulators, which limits profitability for NEV coverage, according to the report.
The NFRA has proposed reforms to allow greater flexibility in setting these coefficients, potentially lowering premiums for low-risk NEVs and raising them for high-risk ones, like those used in ride-hailing.
A car insurance industry insiders told Caixin that premiums for XPeng (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) and BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) models might increase due to high loss ratios and ride-hailing use. However, some industry insiders warn the new limits may still not cover all high-risk vehicles, suggesting the cap be removed to prevent insurers from losing money and to ensure NEV owners can renew their plans.
See Also: <a href="https://www.benzinga.com/news/24/07/39953071/tesla-ford-gm-and-other-automakers-trade-lower-in-premarket-after-elon-musk-and-jim-farleys-team-fai?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla, Ford, GM And Other Automakers Trade Lower In Premarket After Elon Musk And Jim Farley&#8217;s Team Fail To Soothe Investors</a>
Why It Matters: The surge in NEV adoption has been a global trend, with China being a significant driver of this shift. In 2023, NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) <a href="https://www.benzinga.com/markets/penny-stocks/23/10/35240644/nio-inc-entered-the-ev-insurance-business-late-last-year-according-to-new-filing">entered the insurance business</a> alongside other Chinese EV manufacturers, further highlighting the industry&#8217;s potential for growth.
This trend has also had a significant impact on the global insurance market. In January, <a href="https://www.benzinga.com/news/large-cap/24/01/36787463/how-evs-high-tech-vehicles-are-fueling-surge-in-insurance-stocks">insurance company stocks outperformed</a> the S&amp;P 500 index, driven by the surge in EV and high-tech vehicle sales. This trend was particularly evident in China, where <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39473004/tesla-chinas-weekly-insurance-registrations-hit-highest-since-start-of-2024-bull-ga">Tesla&#8217;s weekly insurance registrations</a> hit a record high in June.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/07/39947663/peter-schiff-says-americans-are-broke-points-to-fords-dismal-q2-profit-they-cant-afford-to-buy-n?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Peter Schiff Says &#8216;Americans Are Broke&#8217; — Points To Ford&#8217;s Dismal Q2 Profit: &#8216;They Can&#8217;t Afford To Buy New Cars&#8217; Due To Interest Rates</a>
Image Via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Global

Insurance

BYDDF

BYDDY

TSLA

XIACF

XPEV

Electric Vehicles Are Bleeding Insurers Money In This Key Market For Tesla And Other Auto Giants: Here's Why

The U.S. Justice Department has <a href="https://www.benzinga.com/news/24/06/39150865/tiktok-parent-bytedance-appoints-former-warner-bros-lawyer-as-general-counsel-amid-ongoing-legal-bat">leveled accusations against</a> TikTok, alleging that the social media platform has been collecting data on its users&#8217; views on sensitive topics&nbsp;such as gun control, abortion, and religion.
What Happened: On Friday, making its most forceful case to date, the Justice Department made these allegations in response to a <a href="https://www.benzinga.com/news/24/05/39103767/tiktok-denies-report-about-splitting-code-to-create-a-us-only-algorithm-qualified-divestiture-needed">federal&nbsp;lawsuit filed by TikTok</a> in May.
The department also claims that TikTok has been censoring content under&nbsp;the direction of its China-based&nbsp;parent company,&nbsp;ByteDance, <a href="https://www.wsj.com/tech/tiktok-collected-u-s-users-views-on-gun-control-abortion-and-religion-u-s-says-4fcf19f6?mod=tech_trendingnow_article_pos2">reported</a> the Wall Street Journal.
&#8220;The collection of data from Americans is not a protected activity,&#8221; a senior Justice Department official explained in the filings, many of which remain classified, the report noted.
See Also: <a href="https://www.benzinga.com/news/24/07/40000541/apples-market-share-drops-in-china-a18-chip-integration-to-bring-ai-features-to-iphone-16-and-more-t?itm_source=parsely-api">Apple&#8217;s Market Share Drops In China, A18 Chip Integration To Bring AI Features To iPhone 16 And More: This Week In Appleverse</a>
The filings also revealed a software tool that allows&nbsp;U.S. employees of TikTok and&nbsp;ByteDance to&nbsp;collect user information based on&nbsp;content, including views on sensitive topics.
&#8220;Intelligence reporting further demonstrates that ByteDance and TikTok Global have taken action in response to PRC demands to censor content outside of China,&#8221; Casey Blackburn, a senior U.S. intelligence official, wrote in a filing supporting the government's stance.
A spokesperson for TikTok defended the company, stating that&nbsp;a TikTok ban would violate&nbsp;the First Amendment rights of its 170 million users and expressed confidence in prevailing in court.
TikTok has previously said that its U.S. algorithm is stored with its American partner, Oracle. However, the Justice Department argues that TikTok&#8217;s plan to store U.S. user data on domestic servers is inadequate.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: The latest revelations come at a time when the platform has gained <a href="https://www.benzinga.com/news/24/06/39128716/trump-gains-3m-followers-on-tiktok-amid-ufc-themed-debut-heres-how-bidens-super-bowl-themed-arrival">significant popularity among</a> high-profile U.S. figures. Last month, former President Donald Trump joined TikTok, the platform&nbsp;<a href="https://www.benzinga.com/news/24/05/39103767/tiktok-denies-report-about-splitting-code-to-create-a-us-only-algorithm-qualified-divestiture-needed" target="_blank" rel="noreferrer noopener">he once sought to ban</a>.
This month, Vice President Kamala Harris also <a href="https://www.benzinga.com/news/24/07/39975556/kamala-harris-hops-on-the-tiktok-bandwagon-recently-ive-been-on-the-for-you-page-so-i-thought">launched her own TikTok account</a>, following President Joe Biden&#8217;s sudden exit from the 2024 presidential race and her announcement to run for the presidency.
The U.S. government has said that the TikTok algorithm <a href="https://www.benzinga.com/news/24/03/37688964/tiktok-ban-could-take-out-billions-of-dollars-out-of-creators-pockets-and-put-over-300k-american-job">poses a national security risk</a>, warning of possible exploitation by the Chinese government for large-scale influence operations in the U.S.
European Commission President Ursula von der Leyen earlier <a href="https://www.benzinga.com/news/24/04/38508391/after-biden-signs-tiktok-ban-into-law-top-eu-leader-says-not-ruling-out-action-against-chinese-platf">suggested the possibility</a> of a TikTok ban within the EU.
Photo by XanderSt on Shutterstock
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:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39902838/broadcom-to-challenge-nvidia-dominance-analyst-says-jensen-huang-led-chip-giants-competitor-is-catch?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Broadcom To Challenge Nvidia Dominance? Analyst Says Jensen Huang-Led Chip Giant&#8217;s Competitor Is &#8216;Catching Up&#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.

Social Media

Tech

Media

TikTok Tracks Views Of US Users On Gun Control, Abortion And Religion, Says Justice Department: 'Collection Of Data From Americans Is Not A Protected Activity'

Text messages from Republican vice presidential candidate JD Vance have been brought to light, showcasing his past criticisms of police, former President Donald Trump, and more. These messages were disclosed by a former classmate of Vance&#8217;s.
What Happened: According to a <a href="https://www.nytimes.com/2024/07/27/us/jd-vance-emails-transgender-classmate-highlights.html">report</a> by<a href="https://www.nytimes.com/2024/07/27/us/jd-vance-emails-transgender-classmate-highlights.html"> </a>The New York Times, about a series of texts that were shared by Sofia Nelson, a Detroit-based transgender public defender and a former close associate of Vance. These messages were exchanged between the years 2014 and 2017, during which Vance was recognized for his outspoken opposition to Trump, who is now his running mate.
One of the disclosed texts has Vance stating, &#8220;I hate the police. Given the number of negative experiences I've had in the past few years, I can't imagine what a black guy goes through.&#8221; In an email from 2015, he described Trump as a &#8220;demagogue&#8221; and a &#8220;morally reprehensible human being.&#8221;
A representative for Vance downplayed the messages, stating, "Senator Vance values his friendships with individuals across the political spectrum. He has been open about the fact that some of his views from a decade ago began to change after becoming a dad and starting a family, and he has thoroughly explained why he changed his mind on President Trump. Despite their disagreements, Senator Vance cares for Sofia and wishes Sofia the very best."
Also Read: <a href="https://www.benzinga.com/news/24/07/39999519/trump-vs-harris-latest-survey-indicates-positive-signs-for-this-candidate">Trump Vs. Harris: Latest Survey Indicates Positive Signs For This Candidate</a>
The unearthing of these texts has sparked a debate among conservative commentators, with some, such as Ben Shapiro, questioning Trump&#8217;s selection of Vance as his vice presidential candidate.
Why It Matters: The revelation of these messages could potentially impact Vance&#8217;s standing within the Republican party and among conservative voters. 
<a href="https://www.benzinga.com/news/24/07/39979544/can-trump-replace-jd-vance-amid-kamala-harris-picking-pace-experts-warn-that-could-be-extraordinaril">His past views on Trump, who is now his running mate, might raise questions</a> about his current political alignment and the sincerity of his support for the Trump administration.
Furthermore, his expressed disdain for the police could potentially alienate a portion of the Republican base that strongly supports law enforcement. 
As the election approaches, how Vance addresses these revelations and navigates the ensuing controversy could <a href="https://www.benzinga.com/general/politics/24/07/39916075/j-d-vance-venture-capital-background-under-scrutiny-it-never-seemed-like-he-was-even-working-it-">significantly influence his political future.</a>
Photos/Shutterstock.com
Read Next
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39657200/ex-trump-staffer-shares-texts-to-prove-that-ex-presidents-campaign-settled-to-keep-discrimination-an" target="_blank" rel="noreferrer noopener">Ex-Trump Staffer Shares Texts To Prove That Ex-President's Campaign Settled To Keep Discrimination And Sexual Harassment Lawsuits Quiet</a></li>
</ul>
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Secret Texts Reveal Republican VP Candidate JD Vance's Past Views On Trump, Police, And GOP: Called Ex-President 'Morally Reprehensible Human Being'

In a show of massive political support for the cryptocurrency demographic, former President Donald Trump said that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) would skyrocket like "never before" if he came back to power and promised to fire current SEC Chair Gary Gensler on Day 1 of his tenure.
What Happened: The Republican presidential nominees delivered one of the most hotly anticipated keynote addresses at the Bitcoin 2024 conference in Nashville.
About 30 minutes into the address, Trump declared, &#8220;Bitcoin and crypto will skyrocket like never before, even beyond your expectations, and you are the people doing it,&#8221; to wild applause from the audience. "When America is prospering, Bitcoin is soaring and it&#8217;ll go up with it."
The presidential hopeful highlighted how King Crypto exploded by 900%, from $898 to $35,000 during his four years in office, much higher than how it has during the Joe Biden administration.
Trump also announced that he would sack SEC Chair Gensler, seen as hostile to the cause of cryptocurrencies, on Day 1 of assuming office. "I will appoint a new SEC chairman who believes America should build the future and not block the future."
See Also:<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39359780/dogecoin-shiba-inu-floki-are-dino-coins-says-trader-he-likes-these-3-other-meme-coins-as-b?itm_source=parsely-api"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39976626/jersey-city-pension-fund-to-follow-wisconsins-lead-with-bitcoin-etf-investment-ive-been-a-">Jersey City Pension Fund To Follow Wisconsin&#8217;s Lead With Bitcoin ETF Investment: &#8216;I&#8217;ve Been A Long Time Believer In Crypto,&#8217; Says Mayor Fulop</a>
Why It Matters: Trump's promises have already been making waves, at least in the cryptocurrency circles.&nbsp;
The former president <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/40001426/trump-aims-to-make-us-crypto-capital-of-the-planet-well-get-it-done">advocated for a strategic national cryptocurrency</a> stockpile at the event and laid out his plans to make the U.S. the cryptocurrency capital of the planet.
Price Action: At the time of writing, Bitcoin was trading at $68,693.74, up 0.89% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Trump-themed Maga Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) was up 0.26%.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/40001633/scaramucci-i-agree-with-every-single-thing-trump-has-said-on-bitcoin">Scaramucci: &#8216;I Agree With Every Single Thing&#8217; Trump Has Said On Bitcoin</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$TRUMP

Trump Says Bitcoin Will 'Skyrocket Like Never Before' If He Returns To The White House, Promises To Fire SEC Chair Gary Gensler On Day 1

Vice President and presumptive Democratic Nominee For 2024 Presidential Elections, Kamala Harris, has voiced her support for the Venezuelan people in the wake of their landmark presidential election, amidst rising concerns about potential electoral fraud.
What Happened: Harris took to X on Sunday to say that the United States &#8220;stands with&#8221; the people of Venezuela. She said that the &#8220;will of the Venezuelan people must be respected.&#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">The United States stands with the people of Venezuela who expressed their voice in today's historic presidential election. The will of the Venezuelan people must be respected. Despite the many challenges, we will continue to work toward a more democratic, prosperous, and secure…
&mdash; Vice President Kamala Harris (@VP) <a href="https://twitter.com/VP/status/1817687288056303648?ref_src=twsrc%5Etfw">July 28, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
As reported by Reuters, the Venezuelan election, the most consequential in 25 years of socialist party governance, saw President Nicolas Maduro, whose 2018 re-election is widely deemed fraudulent, express confidence in his victory. Despite being barred from holding public office, Opposition leader Maria Corina Machado has been a key figure in the coalition campaign.
Edmundo Gonzalez, a 74-year-old former diplomat, is the opposition&#8217;s candidate. Despite gaining support from former ruling party supporters, the fairness of the election has been called into question by the opposition and observers, citing decisions by electoral authorities and arrests of opposition staff as potential hindrances.
See Also: <a href="https://www.benzinga.com/general/politics/24/07/39992709/kamala-harris-will-certify-2024-election-results-shes-not-going-to-burn-the-system-down-in-order?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Kamala Harris Will Certify 2024 Election Results: &#8216;She&#8217;s Not Going To Burn The System Down In Order To Save It&#8217;</a>
According to Attorney General Tarek Saab, the voting was largely peaceful, barring a few isolated incidents. The results were anticipated on Sunday night.
Maduro&#8217;s administration has presided over an economic collapse, mass migration, and a significant decline in diplomatic relations, with sanctions imposed by the United States, the European Union, and others. If re-elected, Maduro has pledged peace and economic growth, aiming to lessen Venezuela&#8217;s reliance on oil income.
Opposition leaders Gonzalez and Machado have promised major changes and believe a fresh start may motivate Venezuelan migrants to return. They also expect the military to uphold the election results.
Why It Matters: The US has been closely monitoring the Venezuelan election, given the history of alleged electoral fraud and the impact of the country&#8217;s economic collapse. According to a Benzinga report from April 2024, the Biden administration was <a href="https://www.benzinga.com/news/24/04/38290486/team-biden-considers-reinstating-oil-sanctions-on-venezuela-over-election-concerns-report">contemplating reinstating oil sanctions</a> on Venezuela due to concerns over the fairness of the election. 
The report highlighted that President Maduro had allegedly not fulfilled his commitments regarding free and fair elections, leading to the potential reintroduction of punitive measures on Venezuela's oil and gas sector.
Image via Shutterstock
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39999385/donald-trump-issues-grim-warning-to-prime-minister-benjamin-netanyahu-if-he-doesnt-win-election-your?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Donald Trump Issues Grim Warning To Prime Minister Benjamin Netanyahu If He Doesn&#8217;t Win Election: &#8216;You&#8217;re Going To End Up With &#8230; Maybe A Third World War&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Kamala Harris: 'The Will Of The Venezuelan People Must Be Respected' As Socialist Nicolás Maduro Faces Toughest Test At The Ballot In Decades

In the wake of heavy rainfall, North Korean leader Kim Jong Un has inspected flood-stricken areas near the border with China, according to state media KCNA. The deluge has impacted approximately 5,000 residents in the region.
What Happened: A Reuters report revealed that Kim Jong Un visited the flood-impacted regions of Sinuiju and surrounding areas on Sunday. These regions, situated near the Chinese border, were hit by record rainfall on Saturday, leaving around 5,000 people isolated.
The North Korean military was quick to respond, deploying approximately 10 aircraft to carry out around 20 rescue missions each. Within half a day, they were able to rescue 4,200 people, KCNA reported.
Kim praised the military&#8217;s rescue efforts, stating that they saved 5,000 lives. However, he criticized officials for their lack of preparedness in crisis response measures to mitigate damage from heavy rain, floods, and typhoons.
See Also: <a href="https://www.benzinga.com/news/24/07/39999465/trump-raises-eyebrows-with-controversial-remark-at-florida-event-in-four-years-you-dont-have-to-vote?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Raises Eyebrows With Controversial Remark At Florida Event: &#8216;In Four Years, You Don&#8217;t Have To Vote</a>
The region has been severely affected by heavy rainfall from Tropical Storm Gaemi, which triggered a landslide in southern China, causing 12 fatalities and flash floods in other areas.
Why It Matters: This incident comes as North Korea&#8217;s economy, already battered by COVID-19, <a href="https://www.benzinga.com/government/22/06/27875776/kim-jong-uns-covid-battered-economy-is-now-bracing-up-for-potential-floods">braced for potential floods</a> due to early monsoons, as reported by Benzinga in June 2022. The country&#8217;s food crisis, already at a critical stage, is likely to worsen due to these floods. In January 2024, Kim emphasized the urgent need to address the country&#8217;s food shortages, calling it a &#8220;serious political issue.&#8221;
Despite these challenges, North Korea&#8217;s economy experienced significant growth in 2023, after three consecutive years of contraction. This growth was attributed to <a href="https://www.benzinga.com/news/24/07/39981434/kim-jong-un-steers-north-korea-to-growth-in-2023-after-3-years-of-decline-trade-with-china-russia-ba">increased trade with China</a>, relaxed COVID-19 border controls, and favorable weather conditions.
However, the country&#8217;s relationship with the United States remains tense, with North Korea asserting its <a href="https://www.benzinga.com/news/24/07/39925959/kim-jong-un-rejects-donald-trumps-friendship-claims-north-korea-says-we-do-not-care-expresses-nuclea">nuclear readiness</a> amid rising tension.
Photo by Alexander Khitrov on Shutterstock
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/07/39998398/kamala-harris-admits-i-inhaled-marijuana-and-now-pushes-for-legalization-what-this-means-for-202?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Kamala Harris Admits &#8216;I Inhaled&#8217; Marijuana And Now Pushes For Legalization: What This Means For 2024 Elections</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Kim Jong Un Praises His Military For Flood Rescue Efforts, Visits Areas On Chinese Border Battered By Typhoon Gaemi

Kamala Harris&#8216;s presidential campaign has raised a whopping $200 million and added 170,000 new volunteers in the week since she became the Democratic Party&#8217;s candidate.
What Happened: On Sunday last week, President Joe Biden ended his reelection bid and endorsed Harris for the November 5 vote against Republican former President Donald Trump. Harris&#8217;s deputy campaign manager, Rob Flaherty, revealed the fundraising details on social media, reported Reuters.
<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">There's 100 days til Election Day, so here's a fun one: In the week since we got started, <a href="https://twitter.com/KamalaHarris?ref_src=twsrc%5Etfw">@KamalaHarris</a> has raised $200 million dollars. 66% of that is from new donors. We've signed up 170,000 new volunteers. A people-powered campaign for a people-powered presidency!
&mdash; Rob Flaherty (@Rob_Flaherty) <a href="https://twitter.com/Rob_Flaherty/status/1817533449688809937?ref_src=twsrc%5Etfw">July 28, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Recent polls, including a Reuters/Ipsos one, show Harris and Trump essentially tied, indicating a closely contested campaign with 100 days left until the election. Trump&#8217;s campaign had earlier reported raising $331 million in the second quarter.
See Also: <a href="https://www.benzinga.com/news/24/07/39975168/nikki-haley-says-democrats-are-very-smart-to-put-in-a-younger-candidate-against-trump-but-kamala-har?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nikki Haley Says &#8216;Democrats Are Very Smart To Put In A Younger Candidate&#8217; Against Trump But Kamala Harris</a>
Harris has secured support from a majority of delegates to the Democratic National Convention, making her the likely party&#8217;s nominee for president next month. Biden withdrew from the race amid questions about his age and health, pledging to remain in office as president until his term ends on January 20, 2025.
Harris&#8217;s entry has revitalized a campaign that had faltered amid Democrats&#8217; doubts about Biden&#8217;s chances of defeating Trump. Republican attacks on Harris, the first woman and first Black and South Asian person to serve as U.S. vice president, have intensified since she became the Democrats&#8217; likely presidential nominee.
Why It Matters: Harris&#8217;s campaign has faced legal challenges since Biden&#8217;s withdrawal. The Trump campaign <a href="https://www.benzinga.com/news/24/07/39903457/kamala-harris-presidential-run-to-remain-unbothered-by-gops-legal-shenanigans-say-experts-an-express">filed a complaint</a> with the Federal Election Commission, accusing Harris&#8217;s campaign of improperly acquiring funds from Biden&#8217;s campaign. Despite these allegations, <a href="https://www.benzinga.com/news/24/07/39903457/kamala-harris-presidential-run-to-remain-unbothered-by-gops-legal-shenanigans-say-experts-an-express">legal experts are confident</a> that these lawsuits will not succeed.
Furthermore, Harris has received the <a href="https://www.benzinga.com/news/24/07/39905133/kamala-harris-has-majority-support-from-democrats-to-run-against-trump-in-2024-presidential-race-pola">majority of Democratic delegate support</a>, positioning her as the party's nominee against Trump. This move is seen as an attempt to quell weeks of internal party disputes and unite in the mission to defeat Trump with just over 100 days until Election Day.
Image via Shutterstock
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39999385/donald-trump-issues-grim-warning-to-prime-minister-benjamin-netanyahu-if-he-doesnt-win-election-your?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Donald Trump Issues Grim Warning To Prime Minister Benjamin Netanyahu If He Doesn&#8217;t Win Election: &#8216;You&#8217;re Going To End Up With &#8230; Maybe A Third World War&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Kamala Harris Raises $200M In A Week, 66% Of That Money Is From Donors, Reveals Campaign Manager: 'A People-Powered Campaign'

- <a href="https://www.globenewswire.com/Tracker?data=SxjTJ9GbqAKx2VamE9fThROVzkBSRqkHmTmK8kNmNXqsrnPyRVeoJpKn01OfZx1VSf_YKuCtX58mrY_FtvmxHg==">Longeveron Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>), a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, announced that its positive Phase 2a clinical trial data and biomarker results were featured in two presentations, including a Featured Research Session oral presentation, at the Alzheimer&rsquo;s Association International Conference&reg; (AAIC), taking place July 28 &ndash; August 1, 2024, in Philadelphia and online.
&ldquo;As a medicinal signaling cell therapy that has multiple potential mechanisms of action to address inflammatory responses in the brain, Lomecel-B&trade; offers potential to address the underlying pathology of Alzheimer&rsquo;s Disease without the limitations of previous therapies,&rdquo; said <a href="https://www.globenewswire.com/Tracker?data=mbkW5AdmogKgnA5dwt3EzNTyciWePy-nGiRurR8Oy8VvLkxUulLO0XPNWYIKM6XiYk-l0LlE_AHlpneKQ5qgLm7gUe-hWQAmcRXcuEgKEhdcPxg8-OylakJffZNqj6gu">Wa&rsquo;el Hashad</a>, Chief Executive Officer at Longeveron. &ldquo;We are very encouraged by the safety profile and efficacy evidence that support the differentiated therapeutic potential of Lomecel-B&trade; and lay the foundation for its future clinical development. We&rsquo;re pleased to connect with the Alzheimer&rsquo;s community at AAIC 2024 and contribute to the growing body of evidence that fuels the continued development of novel therapeutics for this devastating disease.&rdquo;

Events

LGVN

Longeveron Announced Study Results from CLEAR MIND Phase 2a Clinical Trial of Lomecel-B In Mild Alzheimer's Disease;  Study Meets Its Key Objectives To Advance Data Supporting Favorable Benefit/Risk Profile

Anavex Life Sciences Corp. (&ldquo;Anavex&rdquo; or the &ldquo;Company&rdquo;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>), a clinical-stage biopharmaceutical company developing differentiated therapeutics for the treatment of neurodegenerative, neurodevelopmental, and neuropsychiatric disorders including Alzheimer&rsquo;s disease, Parkinson&rsquo;s disease, Rett syndrome, schizophrenia, and other central nervous system (CNS) diseases, today presented comprehensive results from the Phase IIb/III study showing that blarcamesine (ANAVEX&reg;2-73), once daily orally, significantly slowed clinical decline in people with early Alzheimer&#39;s disease (AD). The data were presented by Marwan Noel Sabbagh, MD, Professor of Neurology at Barrow Neurological Institute and Chairman of the Scientific Advisory Board at the 2024 Alzheimer&#39;s Association International Conference (AAIC).
Blarcamesine significantly slowed clinical progression by 38.5% and 34.6% at 48 weeks in 50 mg and 30 mg groups vs. placebo, respectively, on the prespecified primary cognitive endpoint ADAS-Cog13. As specified in the March 2024 FDA Guidance for Early AD, a sole cognitive measure can serve as the primary endpoint for early Alzheimer&rsquo;s trials.1 The protocol was designed with ADAS-Cog13 and ADCS-ADL as co-primary endpoints. The functional co-primary endpoint, ADCS-ADL, was trending positive but did not reach significance at Week 48. A possible explanation is that the ADCS-ADL scale is designed for AD with overt dementia and is less sensitive for early AD.2 The prespecified key secondary composite endpoint CDR-SB, also recommended as an alternative primary endpoint for early AD in the new FDA guidance, is significant at both 30 mg and 50 mg at Week 48. The findings are supported by biomarkers from the A/T/N spectrum, including plasma A&beta;42/40-ratio and reduction of brain atrophy. Blarcamesine significantly slowed brain atrophy in key regions of interest, including the whole brain by 37.6%, total grey matter by 63.5%, and lateral ventricles by 25.1%.

Anavex Life Sciences Earlier Announced Oral, Once Daily Blarcamesine Significantly Slowed Clinical Decline For Early Alzheimer's Disease Patients; Functional Co-primary Endpoint, ADCS-ADL, Was Trending Positive But Did Not Reach Significance At Week 48

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

Comments

Peloton Minerals

News

Latest news for Peloton Minerals (OTC:PMCCF) Stock

Friday, February 28, 2020

Tuesday, July 23, 2019