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☆ Welcome to the new Fightertown USA: Inside San Diego's AI-powered unmanned aircraft boom
▼ + stars: | 2024-07-10 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +12 min

But the program has since moved to another station, and its legacy in San Diego is a faint, fond memory. AdvertisementWith such a rich history of aerial dynamism, it's no surprise that San Diego has become a major hub of this technology. Defense, AI, and a warming reception from VCsLong before AI became a household buzzword, Shield AI launched in San Diego. AdvertisementBut San Diego seemed to be a better fit with its access to open land and proximity to the ocean. That pipeline continues to feed into the San Diego tech ecosystem, feeding and driving the aerial innovation it has become known for over a century.

Persons: —, Tom Cruise, Larsen Jensen, Palmer Luckey's Anduril, Brandon Tseng, VCs Long, Tseng, Ryan, presciently, Hivemind, It's, shouldn't, Jensen, Ian Muceus, Muceus, we've, Firestorm's, Firestorm, Glenn Curtiss, Grant Jordan, Andreessen Horowitz, — Jordan, Jordan, SkySafe, Tim Draper, Aleksey Matyushev, Matyushev, Oakland — Natilus, Natilus, General Atomics, Northrop Grumman, Lockheed Martin Organizations: Service, Kawasaki Ninja, hotshot Navy, US Naval Air Station, Business, Navy, Harpoon Ventures, Defense, aha, Navy SEAL, US Department of Defense, Coast Guard, Air Force, Marine Corps, BAT, SpaceX, Marque Ventures, Silent Ventures, US Navy, Soma, Oakland, San Diego International Airport, Brown Field Municipal, Northrop, Lockheed Locations: San Diego, Miramar, Diego's, Diego, Afghanistan, Persian, Israel, Caribbean, Bay, San Diego Bay, West, San Jose, San Francisco, Central Valley, Vallejo, Kona

☆ Nike's trying to pivot. It's not working just yet.
▼ + stars: | 2024-07-09 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Nike's "performance" segment, meanwhile, includes many of its core sports products, such as basketball shoes. AdvertisementWhile revenue from performance products grew in Q4, declines in its lifestyle business overshadowed them, contributing to the worse-than-expected results. In its last fiscal year, lifestyle products have grown to about 60% of Nike's business, UBS analyst Jay Sole estimates. "One of our big takeaways from Nike's 4Q report is its lifestyle business needs a major reset," Sole said. That could help drive performance sales — especially those through Nike's digital business, a major pain point at the moment for the company.

Persons: —, Tom Peddie, Peddie, hasn't, Matthew Friend, Friend, John Donahue, Phil Knight, Donahue, Jay Sole, Jefferies, Randal Konik, Simeon Siegel, we're Organizations: Service, Business, Nike, Bloomberg, Reuters, UBS, Nike's, Street, BMO Locations: China, Portland, Nike's

☆ Biden's doctor says 8 White House visits by Parkinson's expert were for routine military staff neurology clinics
▼ + stars: | 2024-07-09 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

The New York Times reported that an expert on Parkinson's disease regularly visited the White House. In a Monday letter, Joe Biden's physician said the expert's visits weren't for the president. Dr. Kevin Cannard hosted neurology clinics for active-duty White House staff, per Biden's doctor. AdvertisementIn a letter released late Monday, Joe Biden's physician said the reason a Parkinson's expert visited the White House monthly was to host routine neurology clinics for active-duty staff. Kevin O'Connor, Biden's physician, wrote the letter to address reporting by The New York Times about the repeated visits by Dr. Kevin Cannard, a neurologist specializing in movement disorders.

Persons: Joe Biden's, weren't, Kevin Cannard, —, Kevin O'Connor, Biden's Organizations: New York Times, White, White House, Service, The New York Times, Business

☆ Fear of China is behind India's exuberant display of friendship with Vladimir Putin
▼ + stars: | 2024-07-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

India's Prime Minister Narendra Modi is in Russia to visit its president Vladimir Putin. It's a visit that risks annoying India's ally the US. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen India's prime minister arrived in Moscow on Tuesday, he greeted Russia's famously chilly president, Vladimir Putin, with an exuberant bear hug. But Prime Minister Narendra Modi's fear of China — a key Russian ally — means that he's willing to risk American anger to keep Putin close.

Persons: Narendra Modi, Vladimir Putin, It's, Modi, Putin, —, Russia's, Narendra Modi's Organizations: India's, Service, Business Locations: Russia, Moscow, New Delhi, Ukraine, China, Russian

☆ Beware, Elon Musk — BYD just took its next step toward world domination
▼ + stars: | 2024-07-09 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Business Insider contacted BYD for comment but didn't immediately hear back. Turkey is part of the EU's Customs Union, and any BYD cars manufactured there could avoid the 17.4% additional tariff the EU slapped on BYD vehicles imported from China. Plans by Chinese EV giants BYD, MG, and Chery to build factories in Mexico have sparked concern among US officials over fears they could be used as a "backdoor" into the US market.

Persons: —, Elon, Mehmet Fatih, BYD, didn't, It's, Philip Nothard, Nothard, Elon Musk, Tesla Organizations: Service, Business, Union, EV, EU's Customs Union, BYD, Chery, Cox Automotive Locations: Turkey, Europe, China, Mexico, Germany

☆ Pressure is mounting on Biden to take a cognitive test. It could be a 'slippery slope' for future presidents, experts say.
▼ + stars: | 2024-07-09 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Read previewJoe Biden is facing mounting pressure to prove he's medically fit to run for a second term, but experts say a cognitive test could set a dangerous precedent. Speaking on CBS's "Face the Nation," Sen. Lindsey Graham said all presidential nominees, including Biden and Trump, should take a cognitive test. Cognitive tests are usually quick and simple and can check for functions such as concentration, abstract thinking, language, and memory. He told ABC's Stephanopoulos on Friday: "I have a cognitive test every single day." According to White House press secretary Karine Jean-Pierre, after Biden's physical in February, his doctors decided he didn't need a cognitive test.

Persons: —, Joe Biden, Biden, Donald Trump, ABC's George Stephanopoulos, Sen, Lindsey Graham, Trump, Kevin O'Connor, Dr, Kenneth Boockvar, Biden hasn't, ABC's Stephanopoulos, Karine Jean, Pierre, Thomas, it's, Andrew Payne, I'm, Charan Ranganath, Payne Organizations: Service, Business, Reuters, Biden, Washington Post, Gerontology, Geriatrics, University of Alabama, White, University College London, Mensa, City University, University of California, BI Locations: Birmingham

☆ Wimbledon day 8: Will Rybakina break cycle? Did we see the most chaotic match-up?
▼ + stars: | 2024-07-08 | by ( Charlie Eccleshare | Matthew Futterman | ) www.nytimes.com time to read: +20 min

Follow live coverage of Wimbledon 2024Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. On day eight of Wimbledon 2024, Elena Rybakina stepped up to her new billing, the ATP made a germy decision, and there was chaos on Court One. Elena Rybakina is one of three players left in the women’s field who has won a Grand Slam title before. Rybakina plays with a big serve and with flat power that keeps her ball low. More importantly, do we too often discount the data point of winning a tournament on grass the week before Wimbledon?

Persons: Elena Rybakina, Rybakina, Julian Finney, ”, Anna Kalinskaya, “, Elina Svitolina, She’s, Jelena Ostapenko, Barbora, Krejcikova, It’s, “ it’s, ” Matt Futterman, Yulia Putintseva, Ostapenko, Putintseva’s, Putintseva, 😂😂, ould, Fritz, ryo, aylor Fritz, Finney, Getty, bea, Rafael Nadal,, ” “Th, is ano, bec, hird, D., 🇪, 🇦 L., 🇸 A., Alves (Q, 🇹, B., Marte, J, Choi, 🇵, Nishiok, Goff, iva, J., 🇸 R., 🇷 L., 🇸 J., rin, Safi, T omlj, R, 🇸 R. M, Gade, 🇧 H., Tom o, 🇸 M., Zhan, 🇸, 🇳, Wang, 🇧, 🇦 28 D. Y, Bouzas, Su, D. Y, 🇷, ina, vito Organizations: Wimbledon, ATP, All England, Getty, WTA Tour, rte, acc, 🇨🇱, 🇬, 🇷, avon, 🇸, ritz, 🇺, ub, 🇧, (Q), 🇴 I. Begu, 🇴, Collins, Saville, Keys, uc Locations: Wimbledon, Ukraine, French

☆ Biden's debate disaster has thrown this week's NATO summit into chaos
▼ + stars: | 2024-07-08 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

The NATO summit is being held in Washington, DC, this week. It comes amid rising global conflict and turmoil. But questions about President Joe Biden's political future will overshadow the meeting. But it's the political future of the alliance's most powerful member, the US, that will be among the core focus of discussions. Following his disastrous debate performance against former US President Donald Trump on June 28, President Joe Biden's political future is in question just months before the November election.

Persons: Joe Biden's, —, Donald Trump Organizations: NATO, Service, Washington , D.C, Business Locations: Washington ,, Ukraine, Taiwan

☆ The White House won't explain why a Parkinsons' specialist visited 8 times in 8 months
▼ + stars: | 2024-07-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +1 min

A Parkinson's Disease expert repeatedly visited the White House between last summer and this spring. On at least one occasion, Dr. Kevin Cannard met with President Joe Biden's White House doctor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe White House is refusing to say why a Parkinson's Disease expert met with President Joe Biden's doctor earlier this year. In fact, White House press secretary Karine Jean-Pierre won't even confirm that the meeting took place — even though due to Biden's own policy, the doctor's eight visits are public information.

Persons: Kevin Cannard, Joe Biden's, It's, —, Karine Jean, Pierre won't, I'm, Jean, Pierre, Ed O'Keefe Organizations: White, Service, CBS

☆ What we do — and don't — know about Biden and Trump's health
▼ + stars: | 2024-07-08 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +5 min

"Look, I have a cognitive test every day," he said in an interview on Friday with ABC News. Samuel Corum/Getty ImagesCompared to Trump, Biden has released far more comprehensive medical information, with the most recent update coming in February of 2024. One cognitive test is not sufficient to detect issues, doctors told the Wall Street Journal. In it, Dr. Bruce Aronwald said that he has conducted "several comprehensive examinations" and called Trump's cognitive exams "exceptional." Like Biden, though, Trump has made significant public gaffes, such as when he called the president of Egypt the "president of Mexico."

Persons: —, Joe Biden's, Donald Trump, Biden, Joe Biden, Biden hasn't, doesn't, Samuel Corum, Kevin O'Connor, O'Connor, It's, Biden doesn't, Donald Trump Trump, Scott Olson, Bruce Aronwald, Aronwald, Trump, Alzheimer's Organizations: Service, Business, ABC News, Harvard, Trump, New York Times, House, The Times, Wall Street, White House, White, Biden, Getty Locations: Fulton, Montreal, Egypt, Mexico

☆ Aegon's fate on 'House of the Dragon' is left unclear — here's how he dies in the books
▼ + stars: | 2024-07-08 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

Read previewWarning: Spoilers ahead for season two, episode four of "House of the Dragon," and the book "Fire and Blood." It's seemingly a ploy to lure one of Rhaenyra's dragons out, and it works: Rhaenyra sends Princess Rhaenys and her dragon Meleys, the "Red Queen." Unfortunately for Criston Cole and Aemond, his partner in crime, Aegon chooses that moment to take charge, flying into the battle on his dragon Sunfyre. In the book, Vhagar lights Aegon the Conqueror's funeral pyre, which incinerates his body but leaves his Valyrian steel blade, Blackfyre, unharmed. When Rhaenyra arrives, he promptly feeds her to his dragon, Sunfyre.

Persons: —, Rhaenyra Targaryen, Harrenhal, Prince Daemon, Ser Criston Cole, Rhaenyra, Princess Rhaenys, Criston Cole, Aemond, Tom Glynn, Carney, Ollie Upton, it's, Meleys, Sunfyre, Vhagar, Ser Criston, groaning, They're, Martin, Prince Regent, Larys Strong, Baela, Alicent, Corlys Velaryon, King, Lady Cassandra Baratheon, Helaena, Maelor, Jaehaera Organizations: Service, Aegon, Business, HBO Aegon, Sunfyre, HBO, Max Locations: Rook's, Westeros

☆ I lost my dream job in the US because I couldn't get a work visa. In Canada, the pathway has been much smoother.
▼ + stars: | 2024-07-08 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +7 min

I worked with major US news outlets during and after college and wanted to keep working in America, but couldn't secure an H-1B work visa. I spent the next five years in India, working in journalism before pivoting into a brand and communications position. AdvertisementI couldn't get a work visa in the US, but there was a clearer and more stable path to getting one in Canada. My understanding is that it's become harder to get a work visa in the US since. My work visa expires in October 2024, and I'm open to options for settling in Canada beyond that.

Persons: —, Vaishali Gauba, Stephen Colbert, I've, isn't, Donald Trump Organizations: Service, Business, Rutgers University, CNBC, NBC, CBS, Toronto Metropolitan University Locations: Gurugram, India, New Jersey, America, Canada

☆ Olympic diver Tom Daley uses a simple nutrition rule called '20-20-20' to stay energized
▼ + stars: | 2024-07-08 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +6 min

The British diver Tom Daley is preparing to compete at his fifth Olympics. Daley described the "20-20-20" post-workout nutrition rule he follows to support his training. With four Olympics and a gold medal under his belt, Tom Daley was set on retiring. "It's the best way of being able to restore you and get you ready to recover for the next training session," Daley said. "I'm a dad, I'm a husband, I'm a son, a brother, a friend.

Persons: Tom Daley, Daley, —, Daley —, Dietitians, he's, Dustin Lance Black —, Daley juggles, there's, I'm, Mykenna Maniece Organizations: Olympic, Service, —, Olympics, BI, Nutrition, Paris Games Locations: Paris, British, Tokyo

☆ Europe hopes to take on Elon Musk's SpaceX with new rocket launch
▼ + stars: | 2024-07-08 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Europe has been dependent on Elon Musk's SpaceX to reach space — but that could be about to change. The Ariane 6, Europe's answer to SpaceX's Falcon 9 rocket, is set to launch on Tuesday. Officials hope it will compete with SpaceX's rockets, but Elon Musk isn't so sure. AdvertisementSpaceX is dominating the global space industry — but Europe is hoping a new rocket will change that. On Tuesday, the 200-foot tall Ariane 6 rocket plans to launch for the first time after years of delays from a spaceport in French Guiana, carrying the hopes of Europe's space industry and its ambition of competing with Elon Musk's rocket firm into orbit.

Persons: Elon Musk, — Organizations: Elon, SpaceX, SpaceX's, Service Locations: Europe, Guiana

☆ A day in the life of Robert Rivani, a 34-year-old real-estate mogul with $750M in deals who left LA to invest in Miami
▼ + stars: | 2024-07-07 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Read previewRobert Rivani got a taste for business flipping shoes as a teenager in his hometown of Los Angeles. At 18 years old, Rivani said he was approached to sell his shoe collection for over $150,000 and he took it. Rivani left California in 2022 to make his mark in Miami, where he's grown his real-estate portfolio. Even that 45-minute drive is valuable time, so his personal assistant or wife drives while Rivani texts and takes calls. Rivani has the luxury of having restaurants, including Delilah Miami, as tenants and can host multiple meetings in one location instead of bouncing around Miami.

Persons: —, Robert Rivani, Rivani, Lion, Williams, Harry Potter, Krystal, Anna Orsborn, I've, Delilah Miami, Michael Timzil Nio, — that's, we're, he's Organizations: Service, Jordan, Business, Beverly Hills, 1Ten, Vikings Locations: Los Angeles, California, Miami, South Florida, Miami Beach, Elm, Williams Sonoma, Beverly, East Coast

☆ Dating a carpenter taught me my career is not my identity. He doesn't worry about getting laid off and just focuses on the next job.
▼ + stars: | 2024-07-07 | by ( Nia Springer-Norris | ) www.businessinsider.com time to read: +4 min

When Tom said he was a carpenter, I thought of artisan furniture in quaint New England shops. My writing career had just begun when Tom and I became acquainted. AdvertisementWe worked in entirely different industriesThe first time he told me he'd been laid off, I told him I was sorry. AdvertisementHe often says, "I came here looking for a job, and I'll leave here looking for a job." AdvertisementHe's taught me that my career is not my identity.

Persons: —, Tom, Maida, he'd, I've, Nia Springer, Norris, Norris We've, He's, Jobs, We've Organizations: Service, Business Locations: New England, Africa, England, Turkey

☆ Mark O'Hare became a billionaire after BlackRock acquired his data company. Now he's turning his employees into millionaires.
▼ + stars: | 2024-07-06 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Preqin employees are getting paid after BlackRock acquired the company for $3.2 billion. Preqin founder Mark O'Hare and his wife will walk away with about $2 billion after taxes. AdvertisementSome Preqin employees are poised for a big payday after BlackRock acquired the data company for $3.2 billion. The acquisition, announced on June 30, has made Preqin founder Mark O'Hare and his wife billionaires. O'Hare owns nearly 80% of Preqin through Valhalla Venture and will gain about $2.6 billion from the acquisition, Fortune reported.

Persons: Mark O'Hare, —, Fortune Organizations: BlackRock, Service, O'Hare, Valhalla Venture, Business

☆ Summer is a money pit for parents
▼ + stars: | 2024-07-06 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +10 min

The 34-year-old mom of four said most of these summer camps were already paid up front earlier this year. AdvertisementMeanwhile, 23% of parents, among those who reported they'd be paying for summer programs, expected to pay over $1,000 a month per child during the summer. Broadly, 61% of parents with kids under 18 years old said it "feels even more expensive to raise kids in the summer months." Bowling, who lives in LA, sends her children to a Jewish summer camp, which has long been held as an important cultural touchstone in the American Jewish community. "At the Y, we really want to make sure summer camp is accessible for all."

Persons: Paige Connell, Connell, Courtney Alev, Tom Rosenberg, Rosenberg, Alex Mnatsakanov, it's, Mnatsakanov, they'd, they're, Alev, It's, Dana Bowling, Bowling, Lisa Garcia, Garcia, doesn't Organizations: Service, Business, American Camp Association, Camp, Intuit, American Jewish, YMCA Locations: LA, American, Greater New York, she's

☆ California put up its fast-food wage to $20. Its governor is adamant it's not causing employment to fall.
▼ + stars: | 2024-07-05 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

But BLS data shows that employment in California's limited-service restaurant industry dips in the winter. Related storiesThe BLS data includes employment at all limited-service restaurants, including those exempt from the new minimum wage. The year-over-year growth in limited-service restaurant employment is a continuation of a trend seen before the pandemic, too, with total employment in the industry growing every year. AdvertisementThe $20 minimum wage was introduced to support workers in a state with a notoriously high cost of living. Have you been affected by California's new $20 minimum wage?

Persons: —, Gavin Newsom, Newsom, Newsom's, Tom Manzo, It's Organizations: Service, Business, California, Industrial Alliance, Hoover Institution, Stanford University, Wall Street, California Employment Development Department, US Bureau of Labor Statistics, BLS Locations: California, USA

☆ Russia is using devastating 'meat assault' attacks to find out where Ukraine's firepower is hidden: report
▼ + stars: | 2024-07-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

Russia is using waves of troops in head-on "meat assault" attacks, the BBC said. Russia's using them to identify Ukrainian firepower positions, an officer told the outlet. Around 1,000 Russian troops a day are being killed or injured, reports say. AdvertisementRussia is using head-on attacks by waves of troops to identify Ukrainian firepower positions, a Ukrainian officer told BBC News. In a report on Russia's brutal front-line tactics near Kharkiv in Ukraine, troops described the waves of Russian attacks on their positions, describing them as "meat assaults."

Persons: —, Col Anton Bayev Organizations: BBC, Service, BBC News, Khartia Brigade, Ukraine's National Guard, Business Locations: Russia, Ukrainian, Kharkiv, Ukraine

☆ A running list of what Michelle Obama has said about (not) running for president
▼ + stars: | 2024-07-05 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +8 min

Read previewWith Joe Biden's re-election campaign in shambles, Democrats are turning yet again to a woman they've long wanted to nominate: Michelle Obama. Michelle Obama. When he joked that Michelle Obama might not have the temperament to be president, she jumped on the opportunity to agree. December 19, 2016Oprah asked Michelle Obama if she ever plans to seek office, but received largely the same answer as everyone else. Obama asked.

Persons: —, Joe Biden's, Michelle Obama, First, Obama, situates, Crystal Carson, Joe Biden, Kamala Harris, Nathan Congleton, we'll, Barack Obama, Michelle, Valerie Jarrett, Jarrett, Oprah, I'm, coy, it's, Conan O'Brien's, O'Brien, she'd, Carson Organizations: Service, Reuters, Democratic, Trump, Business, Getty, The, ABC News, NBC News, White House, Southwest, White, BBC, NBC Locations: NBCU, United States, Baton Rouge , Louisiana, Austin , Texas, Orlando , Florida, Boston , Massachusetts

☆ Stock market today: US stocks close at record highs after dovish June jobs report
▼ + stars: | 2024-07-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The June jobs report showed 206,000 jobs added to the economy, slightly above estimates. "To us, the message is the labor market is slowing," Fundstrat's Tom Lee said of the June jobs report. AdvertisementUS stocks closed at fresh record highs on Friday after a dovish June jobs report. Both indexes finished the week at record highs, while the Dow Jones Industrial Average has yet to hit its record high reached in May. AdvertisementThe April jobs report was also revised lower to 108,000 jobs added that month, down from the initial reading of 165,000.

Persons: Tom Lee, —, Steven Blitz, Lombard, JPMorgan's David Kelly Organizations: Service, Nasdaq, Dow Jones, Federal Reserve, Fed, GlobalData

☆ I tried a job simulation tool to learn about working as a consultant at BCG
▼ + stars: | 2024-07-04 | by ( Tim Paradis | ) www.businessinsider.com time to read: +2 min

That's because after using a job simulation tool for a short time, I have a better sense of what working at the prestigious consulting firm might be like. This story is available exclusively to Business Insider subscribers. He told Business Insider that, growing up in a small town in Australia, he didn't come from a line of bankers, lawyers, or accountants. In the roughly 90 minutes I spent using Forage, the tool made me do some work. The tool also made me think like a consultant — or at least try to.

Persons: —, they'd, Goldman Sachs, Tom Brunskill, Brunskill Organizations: Service, Boston Consulting, KPMG, JPMorgan, Business, EAB Locations: San Francisco, Australia

☆ Michelle Obama may be the best person to replace Biden and beat Trump — but she's unlikely to step up
▼ + stars: | 2024-07-04 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewFormer First Lady Michelle Obama is the only Democrat capable of beating Donald Trump should President Joe Biden drop out of the race, a poll found. Around 50% said they would vote for Obama, while only 39% said they would vote for Trump. AdvertisementOther potential Democratic candidates all polled lower than Trump, with Vice President Kamala Harris trailing Trump at 43%-42%, California Gov. "Mrs. Obama supports President Joe Biden and Vice President Kamala Harris' re-election campaign." Obama campaigned for Biden in 2020, delivering the keynote speech at the DNC convention where she warned of the dangers of a second Trump term.

Persons: —, Lady Michelle Obama, Donald Trump, Joe Biden, Obama, Biden, Kamala Harris, Gavin Newsom, Gretchen Whitmer, Michelle Obama, Mrs, he'd, She's, Barack Obama Organizations: Service, Trump, Democratic, Business, Trump ., Republican, Michigan Gov, NBC News, DNC, Biden, Washington Post Locations: California

☆ Bitcoin's slide under $58,000 could mark a bigger correction to come, analyst says
▼ + stars: | 2024-07-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The decline puts bitcoin below its 200-day moving average, which could signal a downturn, FXPro's Alex Kuptsikevich said. Investors are unloading the token as fear mounts of selling pressure from Mt. The fallout extends a three-day drop, as worries mount over impending selling pressure in the market. The decline has now pulled bitcoin below its 200-day moving average, FXPro senior market analyst Alex Kuptsikevich pointed out. But that's adding to fears over selling pressure, as clients may choose to cash their tokens for big gains.

Persons: Bitcoin, Alex Kuptsikevich, —, bitcoin, Kuptsikevich, Fundstrat's Tom Lee, Michael Novogratz Organizations: Investors, Service, Galaxy Locations: Mt, Gox, bitcoin, solana

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