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☆ Elon Musk gives pro-Trump PAC $75 million, announces Pennsylvania voter tour
▼ + stars: | 2024-10-16 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Musk, the world's richest man, has given nearly $75 million to America PAC, the super political action committee he created earlier this year largely to back Trump, new Federal Election Commission filings reveal. Nearly $72 million of that money has already been spent, the disclosure report shows. The PAC, which was formed in late May, reports having spent a total of $102 million on the presidential race so far, FEC filings show. Unlike most super PACs, however, America PAC is not spending its money to reserve expensive television air time to run ads. Instead, the group's filings show that it is paying canvassers and funding direct mail, texts and phone banking.

Persons: Tesla, Elon Musk, Donald Trump's, Musk Organizations: SpaceX, Republican, America PAC, Trump, PAC

Deep-pocketed Republicans donors also tried to close the gap by boosting a GOP super PAC working to seize the Senate majority. America PAC has taken on a critical supporting role for the Trump campaign, according to its independent expenditure filings, which cover some spending beyond September 30. Tuesday’s filings show other conservative billionaires also plowing extraordinary sums into the effort to reelect Trump. Another leading pro-Trump super PAC, Restoration PAC, also reported a huge haul from a single major donor. Meanwhile, the Congressional Leadership Fund – the main super PAC supporting House Republicans – hauled in more than $81 million in the third quarter.

Persons: –, Miriam Adelson, Elon Musk, Donald Trump’s, Adelson, – Musk, Richard Uihlein –, megadonors, Kamala Harris, Harris, Musk, Trump, reelect Trump, Sheldon, Uihlein, Ike Perlmutter, Laura, Biden, Michael Bloomberg, Reid Hoffman, Steve Mnuchin, Dana White, White, Chuck Schumer, JB Pritzker, Eric Schmidt, Reed Hastings, Ken Griffin, Elliott, Paul Singer, Stephen Schwarzman, Republicans –, Timothy Mellon, Montana Sen, Jon Tester, Ohio Sen, Sherrod Brown, Tim Sheehy, Brown, Bernie Moreno, Eric Hovde, Democratic Sen, Tammy Baldwin, Baldwin, Colin Allred, Sen, Ted Cruz, Cruz, Nathan L, Democrat Adam Gray, Michelle Steel, Democrat Eugene Vindman, Trump’s, Vindman, Mary Peltola, CNN’s Kristen Holmes Organizations: CNN, Trump, PAC, Federal, Commission, Adelson, Democratic, Republican, GOP, White, House . America PAC, America PAC, Preserve, America, Restoration PAC, FF PAC, FF, New York, LinkedIn, Republican National Convention, Fund, Illinois Gov, Netflix, Citadel, Elliott Management, Blackstone Group, Congressional, Republicans, The New York Times, Democrats, West, Senate, Ohio, – Rep, Democrat, Alaska Rep Locations: Pennsylvania, California, New York, Preserve America, Michigan, Wisconsin, Pennsylvania , Wisconsin, Georgia, Lago, Florida, Montana, Michigan , Pennsylvania, Arizona, Maryland, Republican, Texas, Virginia’s, District, Alaska

☆ Marc Andreessen and Ben Horowitz each donated $2.5 million to a pro-Donald Trump super PAC
▼ + stars: | 2024-10-16 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

New FEC filings reveal the pro-Trump super PAC "Right for America" attracted major donors. Marc Andreessen and Ben Horowitz each donated $2.5 million to the super PAC, the filings show. According to the Federal Election Commission documents, Andreessen and Horowitz each donated $2.5 million to the "Right for America" PAC. Andreessen and Horowitz announced their support for Trump in July during an episode of the "The Ben & Marc Show" podcast. Representatives for Andreessen Horowitz and the Right for America PAC did not immediately respond to requests for comment from Business Insider.

Persons: Marc Andreessen, Ben Horowitz, —, Andreessen, Horowitz, Donald J, Trump, Ben, Marc, Kamala Harris, Harris, Donald Trump, Elon Musk, Musk, Barack Obama, Hillary Clinton, Isaac Perlmutter, Laura, Marc Rowan, Andreessen Horowitz Organizations: Trump, Marvel Entertainment, Apollo Global Management, Service, Federal, America, PAC, Google, Little Tech, Trump PAC, Democratic, Republican, Tesla, America PAC, for America PAC, Business Locations: America

☆ CEO of aerospace company cited in SpaceX's new lawsuit is siding with Elon Musk
▼ + stars: | 2024-10-16 | by ( Geoff Weiss | Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

SpaceX compared itself to another space company in its lawsuit against a California agency. Phantom Space CEO Jim Cantrell, a longtime colleague of Elon Musk, supports SpaceX. AdvertisementCantrell told BI that the company got approval for 12 launches at a separate Space Launch Complex at the base. The space rocket company says in the lawsuit that the commission was trying to "unlawfully regulate space launch programs" at Vandenberg military base. Driesen pointed out that SpaceX's lawsuit emphasizes an administrative law claim that federal law prohibits the commission from interfering in the company's launch plan.

Persons: Jim Cantrell, Elon, —, Elon Musk, Vandenberg, Cantrell, Eugene Volokh, Volokh, David Driesen, Musk, Driesen Organizations: SpaceX, Phantom, Service, California Coastal Commission, Vandenberg Space Force Base, Business, United States Space Force, Vandenberg, FAA, Elon, California Coastal, UCLA, Hoover Institution, Stanford University, Syracuse University Locations: California

☆ Fox anchor tasked with interviewing Harris has a history of appeasing network’s pro-Trump audience
▼ + stars: | 2024-10-16 | by ( Brian Stelter | ) edition.cnn.com time to read: +6 min

New York CNN —Fox News anchor Bret Baier is all too keenly aware that Fox’s viewers want him to affirm what they already feel. And his recent social media activity shows that he is supremely aware of the Fox base’s extreme disdain for Harris and distrust of the media. Baier, the anchor of Fox’s 6 p.m. “Special Report” newscast, is also the network’s chief political anchor. But because the Arizona call presaged Trump’s defeat, Fox was scolded and second-guessed by many of its own viewers, including the sitting president. One X user told Baier they believed that the interview will “be pre recorded and the answers will be edited.

Persons: Bret Baier, Kamala Harris –, president’s, Donald Trump’s, pummel Harris, Baier, Harris, Martha MacCallum, Joe Biden, Fox, ” Baier, ”, Bill Sammon, It’s, ” Sammon, Biden, Elon Musk’s X, “, Trump, Dennis Organizations: New, New York CNN — Fox News, Democratic, Fox, Trump, Networks, Voting Systems, The New York Times, Baier, Fox News, it’s Locations: New York, Arizona, Washington, That’s, “

☆ Elon Musk has spent nearly $75 million on his pro-Trump super PAC
▼ + stars: | 2024-10-16 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Elon Musk has spent nearly $75 million in the latest period on his "America PAC" super PAC, a new filing shows. The super PAC has spent roughly $96 million to boost Trump this year. The PAC has also spent more than $10 million on boosting GOP House candidates. America PAC has spent nearly $96 million to support Trump and oppose Vice President Kamala Harris, along with more than $10 million to support Republican candidates across 18 different House districts. AdvertisementThe Wall Street Journal previously reported in July that Musk would give about $45 million a month to the America PAC.

Persons: Elon Musk, —, Donald Trump, Kamala Harris, Musk, Trump, Harris, Tucker Carlson, I'm Organizations: America PAC, Trump, GOP, Service, Federal, Commission, SpaceX, Boring, White, Street, The New York Times

☆ An incoming 'M&A supercycle' wouldn't just be a win for dealmakers
▼ + stars: | 2024-10-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, Goldman Sachs' earnings result might be a sign of the long-awaited return of M&A . The big storyM&A for allWin McNamee/Getty ImagesDon't look now, but M&A might finally be coming back. Goldman Sachs, Wall Street's perennial M&A king, smashed analysts' third-quarter expectations , notching $3 billion in profits. One analyst took things a step further, floating the idea of an "M&A supercycle" once the money that's been sitting on the sidelines finally gets put to work.

Persons: —, Goldman Sachs, Win McNamee, Insider's Reed Alexander, David Solomon, that's, Jenny Chang, Rodriguez, Mariana Bazo, Tyler Le, TSMC, Biden, Donald Trump, Elon Musk, TK, Alex Brandon Elon Musk, Kamala Harris, Alain Tascan, Jeet Shroff, Shroff, Morgan Stanley, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, LaGuardia Airport, Getty, BI, Monetary Fund, Chartered, Apple, Bloomberg, Google, Trump, PAC, America PAC, AP, Trump PAC, Epic, Discover Financial Services Locations: Midtown Manhattan, China, lockstep, New York, London

☆ Elon Musk's xAI is on a hiring spree for 'AI tutors'
▼ + stars: | 2024-10-16 | by ( Helen Li | ) www.businessinsider.com time to read: +4 min

Elon Musk's AI startup xAI is hiring AI Tutors for data annotation to train language algorithms. xAI partners closely with X, formerly known as Twitter, which sees user decline and ad pullbacks. AdvertisementElon Musk's new AI company is on a hiring spree for a new type of data annotator. Last week, xAI listed multiple job postings for "AI Tutors." Multiple AI Tutors started their jobs in August and September, according to a LinkedIn analysis by Business Insider.

Persons: Elon, —, Musk, it's, X, xAI, Jensen Huang, Colossus Organizations: Service, Business, SpaceX, Tesla, Disney, Apple, Nvidia, NPR, Forbes Locations: Memphis, Brazil, San Francisco

☆ Elon Musk gives $75 million to pro-Trump PAC
▼ + stars: | 2024-10-16 | by ( Emily Wilkins | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk gives $75 million to pro-Trump PACCNBC's Emily Wilkins reports on new donations to former President Donald Trump.

Persons: Elon, Emily Wilkins, Donald Trump Organizations: Trump PAC

☆ A pro-Trump PAC has received millions in crypto donations since June
▼ + stars: | 2024-10-16 | by ( Aditi Bharade | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

A pro-Trump PAC has raised more than $7.5 million in cryptocurrency donations since June. Trump 47 PAC raised the amount in bitcoin, ether, USDC, and other cryptocurrencies, per FEC filings. AdvertisementA political action committee called Trump 47 has raised $7.5 million in cryptocurrency donations for former President Donald Trump's White House bid. According to Federal Election Commission filings on Tuesday, the Trump 47 PAC received donations in bitcoin, ether, XRP, and other cryptocurrencies. But in May, Trump hosted an event in Mar-a-Lago, where he said he would accept cryptocurrency donations for his campaign.

Persons: —, Donald Trump's, Cameron, Tyler Winklevoss, Trump, I've, cryptocurrency, bitcoin, he'll, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Elon Musk, Kamala Harris, Mark Cuban, Cuban Organizations: Trump PAC, Trump, PAC, Service, Federal, Records, Liberty, AFP, Fox Business, United, FEC, America, America PAC — Locations: United States, Mar, Nashville

☆ SpaceX sues California regulator, claiming launches blocked due to Elon Musk’s politics
▼ + stars: | 2024-10-16 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk’s SpaceX has accused a California regulator of political discrimination after it voted to block the rocket company from conducting more launches on the state’s central coast. SpaceX also conducts commercial launches from the base to deliver its Starlink satellites into orbit. But the California Coastal Commission opposed the plan. At the meeting, commissioners “raised other concerns wholly unrelated to coastal effects,” SpaceX alleged in the complaint, filed in California Central District Court. Joshua Smith, public information officer for the California Coastal Commission, told CNN the agency declined to comment on the lawsuit.

Persons: New York CNN — Elon, “, Mike, Wilson, ‘, Musk, ’, Gretchen Newsom, Newsom, Gavin Newsom, Donald Trump, Hurricane Helene, Joe Biden, Kamala Harris, Biden, Kamala, ”, Joshua Smith Organizations: New, New York CNN, SpaceX, California Coastal, US Air Force, US Space Force, NASA, Vandenberg Space Force Base, California Coastal Commission, Court, US Justice Department, “, FEMA, ”, California Gov, CNN Locations: New York, California, Santa Barbara , California

☆ I'm an Uber and Lyft driver who's worried Tesla's robotaxis will take ride-hailing jobs
▼ + stars: | 2024-10-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

In cities where those companies operate, drivers are already at risk of losing earnings or seeing an impact on their income. I think drivers in Austin and Atlanta will be in a similar position next year as Waymo has plans to launch there, too. AdvertisementEven though I'm driving for Uber and Lyft full-time, it was never meant to be a full-time gig. One of the main reasons I'm an Uber and Lyft driver is to be debt-free. I think Uber wants to be the central hub for all transportation, even if that means it eventually replaces human drivers entirely.

Persons: Tesla's, Tristan Thomas, Thomas, —, Tesla, Elon Musk, I'm, Waymo, Uber, Lyft, there's, I've, Elon Organizations: Business, Service, Drivers Locations: Cruise, San Francisco , Los Angeles, Phoenix, Austin, Atlanta

☆ Elon Musk hits the campaign trail in a key swing state after donating $75 million to a pro-Trump super PAC
▼ + stars: | 2024-10-16 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Attendees at Musk's events must sign a petition in support of free speech and the right to bear arms. AdvertisementElon Musk said he's headed to the key swing state of Pennsylvania amid his ongoing support for Donald Trump's presidential campaign. "Tomorrow night through Monday, I will be giving a series of talks throughout Pennsylvania," Musk posted on X on Tuesday night. The events are free, but attendees are required to sign a petition "supporting free speech & right to bear arms & have voted in this election," Musk said. You just need to have signed our petition supporting free speech & right to bear arms & have voted in this election.

Persons: Elon Musk, Donald Trump, —, Donald Trump's, Musk, Trump, 2cjdY7oPtB — Elon, Tucker Carlson, Joe Biden Organizations: SpaceX, Service, America PAC, Borders, Sensible, Fair, Pennsylvania, Federal, Commission, The New York Times, Trump, White House Locations: Pennsylvania, Cities, Butler , Pennsylvania, White House . Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin

☆ Elon Musk's SpaceX sues California commission who blocked launches, accusing it of 'unconstitutional overreach'
▼ + stars: | 2024-10-16 | by ( Natalie Musumeci | Geoff Weiss | ) www.businessinsider.com time to read: +6 min

SpaceX has sued the California Coastal Commission. Legal experts said Musk will need to prove the commission would have granted the flights, if not for Musk's politics. In the lawsuit, filed in the US District Court for the Central District of California, Musk's SpaceX accused the commission of '"unconstitutional overreach" after members criticized his political leanings during a meeting about whether to approve more frequent SpaceX launches off the California coastline. "But if a court concludes that it's more likely than not that the result would have been different but for Musk's speech, then there would be a violation," said Volokh. AdvertisementNeither SpaceX nor the California Coastal Commission immediately responded to requests for comment from Business Insider.

Persons: —, Elon Musk, Gretchen Newsom, Musk, Caryl Hart, Eugene Volokh, David Driesen, Driesen, Volokh, Sarah Kreps, Kreps Organizations: SpaceX, California Coastal Commission, Service, Court, Central, Central District of, US Space Force, Vandenberg Space Force, UCLA, Hoover Institution, Stanford University, Syracuse University, Tech, Institute, Cornell University, California Coastal, Business Locations: California, Central District, Central District of California

☆ Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
▼ + stars: | 2024-10-16 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Cloud startups raised $62.5 billion in Europe, Israel and the U.S. in 2023, the report found. Funding is up 65% from the $47.9 billion cloud firms raised four years ago, according to Accel. AI is eating softwareMuch of the growth of funding in cloud is being driven by excitement around AI. Globally, companies building so-called foundational models, which power much of today's generative AI tools, account for two thirds of overall funding for generative AI firms, Accel said. Big Tech's AI splurgeThe U.S. took the lead globally in terms of overall regional generative AI investment raised.

Persons: OpenAI, ChatGPT, Philippe Botteri, Botteri, Accel's, Anthropic, Elon Musk's xAI, Britain's, France's Mistral, Accel, Dev Ittycheria, Ittycheria Organizations: Accel, Venture, Microsoft, CNBC, Accel —, Nasdaq, Alpha, Google Locations: U.S, Europe, Israel, genAI

☆ A small robotics company says Elon Musk's 'Robovan' and 'Starship' are great names — except it got trademarks for them first
▼ + stars: | 2024-10-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Starship Technologies filed trademarks for "Starship" and "Robovan" before SpaceX and Tesla did. AdvertisementRobotic startup Starship Technologies has a few things in common with Elon Musk's rocket company, SpaceX, and EV giant Tesla. Musk first showcased the Tesla Robovan on October 10 in Burbank, California, during Tesla's "We, Robot" event. According to United States Patent and Trademark Office records, Starship filed trademarks for "Starship" and "Robovan" in July 2015 and July 2017, respectively. AdvertisementIn October 2023, a legal marketing agency called X Social Media sued Musk's social media platform X in federal court in Florida.

Persons: Tesla, Elon Musk's, —, Tesla's, Musk Organizations: Starship, SpaceX, Service, Technologies, Elon Musk's, United States Patent, Starship Technologies, Belgium Brewing Company, Harbor, X Social Media, X Corp, Reuters, BI Locations: Burbank , California, Colorado, Florida, California

☆ Uber CEO says competing with Elon Musk is 'no easy matter' — and would love to partner with Tesla on robotaxis
▼ + stars: | 2024-10-15 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Uber CEO Dara Khosrowshahi told the Financial Times that competing with Elon Musk is not easy. He said he would "love" to get Tesla's robotaxis on the Uber platform when it's ready to roll out. AdvertisementUber CEO Dara Khosrowshahi says going head-to-head with Elon Musk can be tough — so he's open to partnering with him. "Obviously, competing with Elon Musk is no easy matter, and we take nothing for granted; we really want to partner with the autonomous industry," he told the FT in an interview that aired Tuesday. Uber and Tesla didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.

Persons: Dara Khosrowshahi, Elon Musk, —, Khosrowshahi, Tesla, Uber, Musk, hasn't Organizations: Financial Times, Elon, Service, Tesla, Warner Bros, Business Locations: Burbank , California

☆ The 'godfather' of driverless cars says Tesla has a major advantage in the self-driving race
▼ + stars: | 2024-10-15 | by ( Hugh Langley | ) www.businessinsider.com time to read: +7 min

Anthony Levandowski, who co-founded Google's Waymo, says Tesla has a huge advantage in data. Musk has promised self-driving Teslas for the better part of a decade. Likewise, Levandowski said he hoped for "a little more steak and less sizzle" on the substance of Tesla's self-driving technology. Related storiesYet perhaps few people understand the nitty-gritty of self-driving tech better than Levandowski. Uber's advantageWhile Tesla and Waymo compete for tech supremacy, Uber might be the frontrunner in the robotaxi race right now.

Persons: Anthony Levandowski, Google's Waymo, Tesla, Levandowski, —, Elon, that's, Musk, Uber, Donald Trump, That's, a16z, Waymo, Dmitri Dolgov, Ben Thompson, Thompson, Levandowki Organizations: Business, Google, Service, Wall Street, Wayve, General Motors Locations: Pronto

☆ Space travel comes with big dreams and bigger business
▼ + stars: | 2024-10-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +3 min

NASA's trying to answer that question with the launch of the Europa Clipper on Monday . The Europa Clipper is just trying to understand if the ocean could even support life. Helping power Europa Clipper into space was a SpaceX Falcon Heavy rocket. The Europa Clipper launch follows another massive win for SpaceX. The business of space has the attention of several entrepreneurs, including fellow tech billionaire Jeff Bezos.

Persons: —, it's, Elon, Musk, Jeff Bezos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Europa Clipper, Clipper, NASA, Europa, SpaceX, Elon Musk's, California Coastal Commission Locations: California, New York, London

☆ This Chinese EV maker is up for a battle with Elon Musk in China
▼ + stars: | 2024-10-15 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Chinese EV startup Xpeng is relishing the prospect of testing its tech against Tesla. Like other Chinese EV companies, Xpeng is blocked from entering the US market by tariffs. Meanwhile, Tesla has been trying to get approval to sell its autonomous driving tech in China. It will face brutal competition in China, with many EV makers marketing their own autonomous driving systems. Xpeng has enjoyed booming sales in China's red-hot EV market in recent months, posting record monthly deliveries in September.

Persons: Tesla, —, Xpeng, Brian Gu, Elon Musk's, Joe Biden, Gu, Xiaopeng Organizations: Tesla, Service, Tesla's, Paris, EV, China's EV Locations: China, Guangzhou, Europe

☆ Elon Musk faces doubts about whether he can still deliver. Starship stuck the landing.
▼ + stars: | 2024-10-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

SpaceX made history as it returned its Super Heavy booster to its launch site in Texas. For Elon Musk, it was a chance to prove the doubters wrong — and he did. SpaceX Starship. Related storiesAnd Musk earned online applause from legions of Starship fans, including Google CEO Sundar Pichai. Wall Street analysts attributed the decline partly to skepticism over Tesla's ability to deliver fully autonomous driving.

Persons: Elon Musk, —, SpaceX's, Musk, SERGIO FLORES, Dan Huot, Sundar Pichai, Tesla, Gretchen Newsom, Lex Fridman, Artemis, Peter Thiel Organizations: SpaceX, Super, Service, AFP, Getty, National Press Club, Google, Twitter, eventual, Wall Street, Warner Bros Studios, California Coastal Commission, Federal Emergency Management, Elon Locations: Texas, California

☆ The Panda Factories
▼ + stars: | 2024-10-15 | by ( Mara Hvistendahl | Joy Dong | ) www.nytimes.com time to read: +30 min

They show that, from the beginning, zoos saw panda cubs as a pathway to visitors, prestige and merchandise sales. Panda keepers with cubs at the Chengdu Research Base of Giant Panda Breeding, in China, in 2022. A Chinese giant panda at the Panda Park in Al Khor, in Qatar, in 2022. Smithsonian Institution Archives A panda wakes up from anesthesia in March 1999 during a seminal study by American and Chinese researchers into panda breeding. Smithsonian Institution Archives Giant panda Mei Xiang taken out of the China Conservation and Research Center for the Giant Panda in Wolong, Sichuan Province, in 2000, for shipment to the National Zoo in Washington.

Persons: Ariana Drehsler, Kati Loeffler, “, ’, Loeffler, Kimberly Terrell, ”, Terrell, Soraya, Xin Bao, zookeepers, Richard M, Nixon, Pat Nixon, Annalisa Meyer, Melissa Songer, Heather Bacon, Bacon, Don Kohlbauer, JoGayle Howard, Darting, Howard, Ping Ping, Thomas Hildebrandt, Dr, Hildebrandt, Lei Lei, Meyer, Lung Yuan Chih, Lung, James Ayala, . Hildebrandt, Ayala, interjected, Mei Xiang, Ken Cedeno, Tian Tian, Xiang, David Wildt, Mei, Mei Xiang vomited, Qi Ji, Agnes Bun, scrawled, Pierre Comizzoli, Mads Frost Bertelsen, Meng Lan, Su Weizhong Organizations: Zoo Washington, Factories, Chengdu Research Base, Archives San Diego Zoo, The New York Times Chengdu Research Base, China, National Zoo, New York Times, Smithsonian Institution, Times, Pandas, Agence France, Memphis Zoo, Tulane University, Smithsonian, San Diego Zoo, The New York, Smithsonian . Pandas, Zoo, Associated Press, University of Central, Bear Care Group, China Conservation and Research Center, San Diego Union Tribune, Feature, Future Publishing, Getty, U.S . Fish, Wildlife Service, ”, Leibniz Institute for Zoo, Wildlife Research, National Zoo Washington, Institution Archives Chengdu Research Base, Breed, The New York Times, Beijing Zoo, Tsinghua University, Animal Studies, Visitors, New York Times China Conservation and Research Center, Smithsonian National, Associated, Smithsonian’s, and Wildlife Service, National, Fujifilm, Smithsonian Institution Archives, Reuters, Smithsonian Channel, “, Copenhagen Zoo Locations: China, Chengdu, Sichuan, Archives San Diego Zoo California, Washington, Louisiana, Japan, San Diego, San Francisco, Indonesia, Qatar, Al Khor, University of Central Lancashire, England, U.S, San, Fuzhou, United States, Feature China, Sichuan Province, Beijing, Berlin ., Wolong, Taiwan, American, estrus, New York Times China, Europe, Washington ,, Washington , DC, Beijing Zoo Beijing

The vast majority of analysts surveyed by FactSet hold a strong buy or buy rating on the stock. Despite its recent slowdown, analysts surveyed by FactSet have a consensus buy rating on the dominant e-commerce platform. Bullish voices on the stock include Goldman Sachs analyst Eric Sheridan, who recently reiterated a buy rating and $230 price target. JPMorgan's Anmuth is similarly positive on Amazon ahead of earnings, rating the stock overweight and saying it remains the favorite in the bank's firm's internet sector coverage. The consensus FactSet rating on Meta is buy, with an average price target of $604, suggesting just 2.3% potential upside.

Persons: Roundhill, —, selloff, Goldman Sachs, Kash Rangan, Nvidia's Blackwell, Brad Zelnick, Amit Daryanani, Daryanani, Apple's wearables, qtr, Tim Cook's, you'd, Morgan Stanley, Jensen, Blackwell, Biden, Tesla, enthusiam, Elon, Wells, Colin Langan, Department's, Doug Anmuth, Bank of America's Justin Post, Eric Sheridan, Sheridan, Goldman, Anmuth, Baird, Roth MKM, JPMorgan's Anmuth, Goldman's Sheridan, Meta's, — CNBC's Michael Bloom Organizations: Apple, Microsoft, Nvidia, Tesla, CNBC, Windows, Investment, Deutsche Bank, Justice Department, Blackwell, Bloomberg, Ford, General Motors, EV, Google, FactSet, Bank of America's, ISI, Walmart, Costco, eBay, Meta, Ray, Labs, Facebook, Temu, Goldman Locations: China, FactSet, ., Downside, U.S, Wells Fargo, American, Meta's Asia, Pacific

☆ Elon Musk’s empire of misinformation
▼ + stars: | 2024-10-15 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN —At any Tesla event, you have to go in expecting a good amount of smoke and mirrors. This is the company run by Elon Musk, after all — its self-anointed Technoking who’s made overpromising and underdelivering a theme of his career. ICYMI: The robotaxis, Tesla’s fully driverless vehicles that it hopes to put into service next year, were the main event. But Musk’s reality distortion field is something else entirely — hardly limited to overly optimistic timetables or pie-in-the-sky projections for Tesla’s delivery schedule. In a twist, though, X dropped Unilever from the lawsuit on Friday.

Persons: CNN Business ’, Elon Musk, Technoking who’s, Tesla, ” Gordon Johnson, ” Morgan Stanley, Adam Jonas, they’re, Steve Jobs, Donald Trump, ”, Craig Fugate, X Organizations: CNN Business, New York CNN, Elon, Bloomberg, “, Apple, National Guard, FEMA, Washington Post, CNN, NBC, ” Unilever, ”, Unilever Locations: New York, Carolina

☆ Two pioneering Black CEOs have a warning for companies abandoning diversity
▼ + stars: | 2024-10-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

But opponents ignore both the history of so-called meritocracy, and the fact that DEI programs benefit business, Frazier and Chenault argue. But they said opponents have weaponized select examples of diversity programs that are not practiced widely to oppose DEI entirely. Brandon Bell/Getty ImagesMeanwhile, conservative legal groups are now filing lawsuits targeting companies’ diversity initiatives, and Republican leaders like Florida Gov. Frazier and Chenault said there was a split between companies that rushed to create diversity programs in the wake of George Floyd’s murder in 2020 and companies that have embedded these programs into their business. “For those companies that had integrated DEI into the way they do business, fundamentally, it’s marbled into the meat, so to speak.

Persons: Ken Frazier, Ken Chenault, Ken Chenault’s, John Deere, Davidson, Bud Light’s, Frazier, ” Frazier, America’s “, Elon, Chenault, Roy Vagelos —, — Frazier, Vagelos, weren’t, Merck, —, ” Chenault, don’t, George Floyd, Brandon Bell, Ron DeSantis, Arkansas Sen, Tom Cotton, Bud Light, Robby Starbuck, Starbuck, George Floyd’s, They’re, ” Organizations: New, New York CNN, America, Merck, Black, American Express, Fortune, CNN, Corporate America, Tractor Supply, Boston Consulting Group, DEI, Revelio Labs, White, ” Companies, McKinsey, Republican, Florida Gov, Disney, Nike, Harley Locations: New York, Philadelphia, America, Arkansas

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