El interés en corto de Nexus Energy Services da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Nexus Energy Services. Los datos de interés en corto se actualizan cada dos semanas.

Nexus Energy Services (OTC:IBGR) Bolsa, Informe de interés en corto

Nexus Energy Services Inc is a performance athletic brand offering superior quality apparel, footwear, and gear products. The company's products include T-Shirts & Bras, Shorts, Pants & Leggings Sweatshirts & Hoodies Soccer Jerseys and accessories for women, T-Shirts & Singlets, Pants & Shorts, Jackets & Hoodies, Jerseys and Accessories for men as well.

NEXUS ENERGY SERVICES INC by Nexus Energy Services, Inc.

Nexus Energy Services Inc

Michael Dell, the CEO of Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), has offloaded a significant portion of his shares in the company.
What Happened: According to a filing with the U.S. Securities and Exchange Commission on Thursday, Dell sold 10 million shares of Class C Common Stock at an average price of $122.4 per share. 
This transaction amounts to a total value of over $1.2 billion. The sale was executed directly by Dell, reducing his holdings in the company to 16,912,241 shares.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41081939/trump-wants-us-to-be-bitcoin-mining-capital-of-the-world-core-scientifics-move-to-buy-chip?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Wants US To Be Bitcoin Mining Capital Of The World — Core Scientific&#8217;s Move To Buy Chips From Jack Dorsey Just The First Step In That Direction? CEO Gives Us His Take</a>
Why It Matters: This significant sale comes on the heels of several notable events involving Michael Dell and Dell Technologies. Last week, Dell was relisted on the S&amp;P 500 Index 
In June, <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39439756/michael-dell-interested-in-bitcoin-says-scarcity-creates-value-and-michael-saylor-agrees">Dell expressed interest</a> in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), retweeting a message from Bitcoin advocate Michael Saylor, which sparked discussions about digital scarcity. 
Additionally, Dell has been vocal about the rapid advancement of <a href="https://www.benzinga.com/news/24/06/39370205/michael-dell-says-generative-ai-tech-wave-sweeping-in-much-faster-than-early-internet-its-happening">generative <a href="https://www.benzinga.com/news/24/06/39370205/michael-dell-says-generative-ai-tech-wave-sweeping-in-much-faster-than-early-internet-its-happening">artificial intelligence</a></a>, comparing its swift rise to the early days of the internet. He highlighted that AI&#8217;s adoption is happening at a pace much faster than previous technological waves.
In August, Jim Cramer <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40346618/jim-cramer-calls-the-bottom-on-dell-technologies-stock-highlights-strong-relationsh">called the bottom on Dell Technologies&#8217; stock</a>, emphasizing the company&#8217;s strong relationship with NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and suggesting that the stock should be bought at that time. 
Most recently, in September, a <a href="https://www.benzinga.com/news/24/09/40899125/this-dell-analyst-begins-coverage-on-a-bullish-note-here-are-top-5-initiations-for-tuesday">new analyst coverage</a> began on a bullish note, reflecting positive sentiment around Dell Technologies.
Price Action: Dell Technologies Inc. stock closed at $118.54 on Monday, down 1.40% for the day. In after-hours trading, the stock dipped further by 0.33%. Year to date, Dell&#8217;s stock has surged by 58.50%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/41060268/elon-musks-not-so-long-ago-prediction-of-a-1929-market-crash-falls-flat-as-s-p-500-soars-50-defy?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s Not-So-Long-Ago Prediction Of A 1929 Market Crash Falls Flat As S&amp;P 500 Soars 50%, Defying Tesla CEO&#8217;s Gloomy Outlook</a></li>
</ul>
Image via Flickr
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

News

Markets

General

$BTC

DELL

NVDA

Michael Dell Sells $1.2 Billion Worth Of Dell Stock, Reducing Stake Amid Company's Recent S&P 500 Relisting And AI Expansion

Memecoins created on the Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) blockchain withstood the overall market drop on Monday to post encouraging gains.&nbsp;
What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.&nbsp;
The token's trading volume soared 92% to $486 million, indicating heightened demand.&nbsp;
Dogwifhat, the largest memecoin on Solana by market capitalization, jumped 4.6% to extend its weekly gains past 40%. In fact, both BONK and WIF were up more than 40% over the week.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 11:15 p.m. EDT)</td>
</tr>
<tr>
<td>Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>)</td>
<td>+8.06%</td>
<td>$0.00002485</td>
</tr>
<tr>
<td>dogwifhat (WIF)</td>
<td>+4.66%</td>
<td>$2.51</td>
</tr>
<tr>
<td>Popcat (POPCAT)</td>
<td>+1.08%</td>
<td>$1.01</td>
</tr>
</tbody>
</table>
</figure>
Popcat, the cryptocurrency market's biggest gainer this year, also traded in the green. The feline-themed coin was up a massive 12317% year-to-date.
Meanwhile, blue-chip meme currencies like Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) retraced 3.90% and 1.68%, respectively. The total meme coin market valuation shrank nearly 5% in the last 24 hours.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41102705/pay-taxes-with-bitcoin-ohio-senator-proposes-bill-for-crypto-tax-payments-but-theres-a-cat">Pay Taxes With Bitcoin? Ohio Senator Proposes Bill For Crypto Tax Payments, But There&#8217;s A Catch</a>
Why It Matters: The strong performance of Solana-based meme coins coincided <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41108354/bitcoin-ethereum-dogecoin-pull-back-as-israel-launches-ground-operations-in-lebanon-analys">with the broader market decline owing to an escalation in geopolitical tensions</a> in the Middle East.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), the market bellwether, was down 1.36% in the last 24 hours, while Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) traded flat as of this writing. SOL, Solana&#8217;s native coin, lost 1.35% from yesterday.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41105426/if-you-invested-1-000-in-dogecoin-when-mark-cuban-and-the-dallas-mavericks-welcomed-the-me">If You Invested $1,000 In Dogecoin When Mark Cuban And The Dallas Mavericks Welcomed The Meme Crypto, Here&#8217;s How Much You&#8217;d Have Now</a></li>
</ul>

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

Cryptocurrency

Movers

Trading Ideas

$BONK

$DOGE

$ETH

$SHIB

$SOL

Solana-Based Bonk, Dogwifhat Outshine Dogecoin And Shiba Inu Amid Broader Market Retrace — What You Should Know

Global investment bank TD Cowen has predicted a slowdown in the advancement of cryptocurrency legislation, even as presidential candidates Donald Trump and Kamala Harris try to court supporters of the asset class through their election campaigns. 
What Happened: In a note released on Monday, TD Cowen stated that definitive legislation is unlikely to progress before the end of 2024, according to a <a href="https://www.theblock.co/post/318714/crypto-legislation-unlikely-to-gain-traction-before-the-end-of-the-year-td-cowen?utm_source=twitter&amp;utm_medium=social">report </a>by The Block.
The prediction comes at a time when lawmakers are on a break until the post-election period, leaving a limited window for the passage of bills during the lame-duck session.
Jaret Seiberg from TD Cowen&#8217;s Washington Research Group expressed doubts about significant action during this session due to the limited timeframe and the need to pass other crucial legislation, including the National Defense Authorization Act (NDAA).
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41102207/edward-snowden-cautions-crypto-industry-not-to-dilute-principles-we-should-defy-bureaucrac">Edward Snowden Cautions Crypto Industry Not To Dilute Principles: &#8216;We Should Defy Bureaucracy&#8217;</a>
Seiberg, however, suggested that a stablecoin bill, which has been under development since 2022 by House Financial Services Committee Chair Patrick McHenry (R-N.C.), and top Democrat of the committee, Rep.&nbsp;Maxine Waters&nbsp;(D-Calif.), could potentially pass under a &#8220;best case scenario&#8221;. 
Why It Matters: Senate Majority Leader Chuck Schumer (D) underlined the significance of &#8220;sensible and long-lasting&#8221; regulation for the cryptocurrency industry earlier in August, vowing to get &#8220;something passed out of the Senate and into law&#8221; by the end of the year.
Earlier this year, the <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/39004550/exclusive-all-you-need-to-know-about-the-fit21-crypto-bill">FIT21 legislation</a> passed the House in a wave of bipartisan support, marking a pivotal step toward establishing a clear regulatory framework for digital assets in the U.S. Since then, the bill has stalled in the Senate.
As for the stablecoin bill, Walters <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41012573/maxine-waters-says-its-time-for-a-grand-bargain-on-stablecoin-legislation-before-years-end">stated last week the need to strike a &#8220;grand bargain&#8221;</a> before the end of this year.
The anticipation around cryptocurrency legislation gathers steam as both <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">Trump </a>and <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41037763/kamala-harris-strengthens-crypto-stance-the-us-will-remain-dominant-in-ai-and-quantum-comp">Harris</a> have indicated friendly stances toward the industry in their respective campaign trails.
Price Action: At the time of writing, Bitcoin was exchanging hands at $63,275.79, down 1.52% 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>. 
Photo by Igor Faun on Shutterstock
Did You Know?&nbsp;
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Politics

Trump And Harris Amp Up Crypto Push But TD Cowen Is 'Pessimistic' About Digital Assets Legislation Progress This Year

Tesla and SpaceX CEO Elon Musk, who is known for his love for video games, is eagerly awaiting the release of the first <a href="https://www.benzinga.com/general/gaming/23/11/35625125/diablo-iv-expansion-in-2024-is-there-a-new-class-on-the-horizon">expansion for</a> Microsoft Corporation&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Diablo IV, titled &#8220;Vessel of Hatred.&#8221;
What Happened: On Monday, Rod Fergusson, a renowned game industry producer at Blizzard Entertainment, took to X, formerly Twitter, and said that the first expansion for Diablo IV will be available from Oct. 7, 4 PM PDT. 
He also stated that the game can be pre-downloaded on Battle.net starting at 4 PM today, with console preloads available two days prior.
In response to Fergusson&#8217;s announcement,&nbsp;Musk expressed his excitement, stating,&nbsp;&#8220;Cool, looking forward to it!&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/41083814/mark-cuban-warns-elon-musk-that-when-the-time-comes-he-needs-trump-the-most-he-will-find-out-the-tru?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Warns Elon Musk That When The Time Comes He Needs Trump The Most He Will Find Out The Truth: &#8216;His Loyalty Is Only To Himself&#8217;</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Cool, looking forward to it!
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1840835827951157669?ref_src=twsrc%5Etfw">September 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The Vessel of Hatred expansion is set to introduce&nbsp;a new chapter in the&nbsp;dark fantasy action RPG, continuing&nbsp;the campaign and updating its&nbsp;existing systems.
The expansion's narrative will reportedly focus on the Prime Evil, Mephisto, and the demon&#8217;s intentions for Sanctuary following the events of Diablo IV. A major highlight of the expansion is the introduction of an entirely new character class, one that has never appeared in any previous Diablo game.
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: Musk&#8217;s enthusiasm for video games is well-documented. He has previously&nbsp;<a href="https://www.benzinga.com/general/gaming/24/05/38635599/level-up-with-elon-tesla-ceo-musk-reveals-his-top-video-game-picks-with-great-storylines">shared his top video game picks</a>&nbsp;with compelling storylines and&nbsp;<a href="https://www.benzinga.com/general/gaming/23/08/33610477/elon-musk-lover-of-video-games-has-praise-for-this-record-breaking-title-and-its-not-elden-ring">praised record-breaking titles</a>.
His love for gaming dates back to his childhood when he&nbsp;<a href="https://www.benzinga.com/startups/23/09/34927639/elon-musk-made-a-video-game-at-age-12-and-sold-it-for-500-where-is-it-now">created and sold a video game</a>&nbsp;at the age of 12.
Diablo IV, in particular, has caught Musk&#8217;s attention. Earlier, he <a href="https://www.benzinga.com/general/gaming/24/06/39244289/elon-musk-hails-diablo-as-a-hall-of-fame-game-after-player-count-surpasses-100-million">hailed the game</a> as a &#8220;Hall-Of-Fame&#8221; title after its player count surpassed 100 million.
Photo via 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:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41105426/if-you-invested-1-000-in-dogecoin-when-mark-cuban-and-the-dallas-mavericks-welcomed-the-me?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">If You Invested $1,000 In Dogecoin When Mark Cuban And The Dallas Mavericks Welcomed The Meme Crypto, Here&#8217;s How Much You&#8217;d Have Now</a></li>
</ul>
Disclaimer: 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.

Gaming

Tech

MSFT

Elon Musk 'Looking Forward' To Diablo IV's First Expansion, 'Vessel of Hatred,' As Chief Developer Rod Fergusson Announces Pre-Download Available Starting Today

Leading cryptocurrencies retraced Monday as geopolitical tensions escalated after Israel launched a military operation in Lebanon.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:30 p.m. EDT)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-2.99%</td>
<td>$63,358.69</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-1.03%</td>
<td>$2,611.87</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-6.84%</td>
<td>$0.1148</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin went downhill throughout the day, at one point slipping below $63,000, wiping away gains from the previous day&#8217;s rally to $66,000.
Ethereum was comparatively less hassled, as it continued to wiggle in the $2,600 region.
The Israeli military reportedly <a href="https://www.benzinga.com/news/24/09/41107804/israeli-military-begins-limited-operation-against-hezbollah-in-southern-lebanon-military-says-target">launched a localized operation</a> against Hezbollah targets in southern Lebanon, the latest flare-up in hostilities in the tensed Middle East region.
Cryptocurrency liquidations surpassed $225 million in the last 24 hours, the highest since Sept. 6. More than $180 million locked in long positions were erased.
Bitcoin's Open Interest slid 1.14%, further indicating the liquidation of bullish leveraged bets.&nbsp;
The number of traders opening short positions for the leading cryptocurrency continued to outnumber those taking bullish positions, according to the Long/Short Ratio.
The market sentiment fell from "Greed" to "Neutral," according to the popular Cryptocurrency Fear &amp; Greed Index.
On a positive note, the market ended September on a high, with the biggest monthly gains ever recorded at 7.35%.&nbsp;
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 9:30 p.m. EDT)</td>
</tr>
<tr>
<td>Bonk (BONK)</td>
<td>+7.68%</td>
<td>$0.00002423</td>
</tr>
<tr>
<td>Fantom (FTM)</td>
<td>+5.19%</td>
<td>$0.7042</td>
</tr>
<tr>
<td>Bittensor (TAO)</td>
<td>+4.89%</td>
<td>$578.95</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency stood at $2.23 trillion in the last 24 hours, shrinking 2.42% in the last 24 hours.
Stocks ended September on a high. The S&amp;P 500 gained 24.31 points, or 0.42%, to close at 5,762.48, while the Dow Jones Industrial Average lifted marginally by 0.04% to end at 42,330.15. Both the blue-chip indexes closed at record highs. The Nasdaq Composite added 0.38% to end at 18,189.17.&nbsp;
The rally recouped losses following Fed Chair Jerome Powell's <a href="https://www.benzinga.com/news/24/09/41102248/stocks-slip-as-powell-says-future-interest-rate-cuts-hinge-on-data-economy-is-in-solid-shape-we-inte">comments that economic data would determine the speed of future interest rate cuts</a> and that the regulator was not in a hurry.
The U.S. dollar initially strengthened following the hawkish remark, with the dollar index rising to 100.75. At last check, the index was down 0.04% at 100.715.
Investors' next focus would be on the unemployment data for September, due for release on Friday. Powell stated that one of the Fed&#8217;s main goals was not to have higher unemployment, as they bring inflation down.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular on-chain research firm Santiment highlighted its earlier analysis, which predicted a market top due to Bitcoin&#8217;s strong bullish crowd sentiment.
"With Monday&#8217;s retrace, there are some expected panic sells. If the FOMO turns to FUD, the bull market should resume quickly," Santiment predicted.
<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">&#x1f4c8;&#x1f4c9; As we mentioned Friday, the crowd&#39;s sentiment toward Bitcoin had been particularly bullish, indicating a high top probability for crypto markets. With Monday&#39;s retrace, there are some expected panic sells. If the FOMO turns to FUD, the bull market should resume quickly. &#x1f440; <a href="https://t.co/Cryo3fAASH">https://t.co/Cryo3fAASH</a>
&mdash; Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1840878961816944651?ref_src=twsrc%5Etfw">September 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Influential cryptocurrency trader Ali Martinez also underlined lower interest in King Crypto, citing less internet searches. "Believe it or not, this is bullish!" he added. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Nobody is searching for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>, according to Google Trends. Believe it or not, this is bullish! <a href="https://t.co/X51LyobNko">pic.twitter.com/X51LyobNko</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1840692858652667943?ref_src=twsrc%5Etfw">September 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely-followed cryptocurrency investor Ted deemed the latest fall as a "bullish retest," highlighting the significance of stabilizing an overheated market.
"Now the market looks much healthier. I&#8217;m expecting a reversal soon," the analyst projected.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> Bullish Retest &#x1f6a8;    Nothing goes up forever, and corrections are needed to flush the overleveraged longs.   Now the market looks much healthier.    I&#39;m expecting a reversal soon &#x1f680; <a href="https://t.co/ksn3MRqJvN">pic.twitter.com/ksn3MRqJvN</a>
&mdash; Ted (@TedPillows) <a href="https://twitter.com/TedPillows/status/1840751602124091474?ref_src=twsrc%5Etfw">September 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41081939/trump-wants-us-to-be-bitcoin-mining-capital-of-the-world-core-scientifics-move-to-buy-chip">Trump Wants US To Be Bitcoin Mining Capital Of The World — Core Scientific&#8217;s Move To Buy Chips From Jack Dorsey Just The First Step In That Direction? CEO Gives Us His Take</a></li>
</ul>

Bitcoin, Ethereum, Dogecoin Pull Back As Israel Launches Ground Operations In Lebanon: Analyst Says Google Trends Slump For King Crypto A Bullish Thing — 'Believe It Or Not'

In the aftermath of Hurricane Helene, which <a href="https://www.benzinga.com/markets/equities/24/09/41096388/hurricane-helene-102-dead-2-million-without-power-after-storm-destruction-in-6-states">claimed more than 100 lives</a> and caused widespread devastation, the satellite messaging feature of Apple Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iOS 18 has proven to be a crucial lifeline for survivors.
What Happened: As Hurricane Helene left thousands without power and cell service, Apple&#8217;s satellite messaging feature became instrumental in aiding survivors.
Introduced via <a href="https://www.benzinga.com/news/24/07/39768442/6-new-hidden-iphone-features-you-probably-havent-discovered-yet-on-ios-18">the iOS 18 update</a>, the Messages via Satellite feature for iPhone 14 and later models allows users to stay connected even when they&#8217;re off the grid without cellular or Wi-Fi coverage.
Users on social media have praised the utility of this feature during the crisis. 
See Also: <a href="https://www.benzinga.com/markets/equities/24/09/41074448/latest-inflation-data-cements-feds-interest-rate-call-s-p-500-hits-all-time-high-biden-adviser-b?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Latest Inflation Data Cements Fed&#8217;s Interest Rate Call, S&amp;P 500 Hits All-Time High, Biden Adviser Backs China EV Ban At Detroit Economic Club: This Week In The Markets</a>
One user stated that the satellite messaging feature was &#8220;literally saving lives.&#8221; Another person highlighted how the feature allowed him to contact his son amid the communication blackout.
Many users urged others to update to iOS 18 to gain access to this potentially lifesaving feature.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This new iOS 18 feature came in handy yesterday. I was able to contact my son. Unfortunately no one else in the family had the latest iOS installed so he was the only person who received my messages and later replied. When this is a Starlink feature it will be incredible. <a href="https://t.co/8dFBAUQkv1">pic.twitter.com/8dFBAUQkv1</a>
&mdash; &#x2699;&#xFE0F; Mike, cyberowners.com (@TeslaTruckClub) <a href="https://twitter.com/TeslaTruckClub/status/1840437587552481741?ref_src=twsrc%5Etfw">September 29, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I've never been more thankful to be an iPhone user. Due to the lack of cell service, EVERYONE in Asheville NC right now on iOS 18 has been able to get messages out and in with the Satellite messaging feature. This is literally saving lives <a href="https://twitter.com/Apple?ref_src=twsrc%5Etfw">@Apple</a>. <a href="https://t.co/k0FOIgKlRk">pic.twitter.com/k0FOIgKlRk</a>
&mdash; Matt Van Swol (@matt_vanswol) <a href="https://twitter.com/matt_vanswol/status/1840791616136614108?ref_src=twsrc%5Etfw">September 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<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">Also, with Verizon service absolutely dead after the hurricane, the <a href="https://twitter.com/Apple?ref_src=twsrc%5Etfw">@Apple</a> Satellite Messaging service, was extremely helpful to reach out and let family know we were safe, etc. Such a helpful utility in times like this.
&mdash; Xen &#x1f480; (@dancrodev) <a href="https://twitter.com/dancrodev/status/1840804197052117445?ref_src=twsrc%5Etfw">September 30, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
These posts were first <a href="https://9to5mac.com/2024/09/30/messages-via-satellite-provides-lifeline-to-iphone-owners-in-hurricane-helene-fallout/">spotted</a> by 9To5Mac.
Some people are also spreading information about the feature so that those who are affected by the Hurricane can reach out to their loved ones.
<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">Maybe some of the folks in the affected hurricane region can use this information. If you have an iPhone 14 or later and you have iOS 18 your iPhone can be used as a SAT phone. If you don't have cellular service or WiFi, pull down on the upper right hand corner of your phone.…
&mdash; Bill (@MaxGreyCat) <a href="https://twitter.com/MaxGreyCat/status/1840914101813338507?ref_src=twsrc%5Etfw">October 1, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Subscribe to the <a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a> to get all the latest tech developments delivered to your inbox.
How To Use Messages Via Satellite Feature
Step I: Ensure Your iPhone Is Compatible
Update your iPhone 14 or later with iOS 18. Remember, the feature only works in the U.S. or Canada as satellite connectivity is not available everywhere. Users also need an active SIM and iMessage enabled before they go off the grid.
Step II: Prepare For Going Off The Grid
First, turn on iMessage by opening Settings > Messages and ensure iMessage is enabled. Then, set up emergency contacts and family sharing by going to Settings > Emergency SOS. To practice connecting to a satellite, go to Settings > Messages > Satellite Connection Demo.
Step III: Sending And Receiving Messages Via Satellite
Head outdoors with a clear view of the sky. Then, open the Messages app and follow the on-screen instructions to connect to a satellite. Don&#8217;t worry, the iPhone will show you how to adjust for better satellite connection using indicators in Dynamic Island.
Note: Messages via satellite are for casual communication, not emergencies. If you are in danger, use Emergency SOS via satellite instead.
The feature is free for two years after activating.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41042433/elon-musks-x-suspends-5-3m-accounts-flags-10-6m-posts-in-first-transparency-report-amid-user-and-adv?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s X Suspends 5.3M Accounts, Flags 10.6M Posts In First Transparency Report Amid User And Advertiser Decline</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

AAPL

Apple's Satellite Messaging Feature Emerges As Lifeline After Hurricane Helene Leaves Thousands Without Cell Phone Service: Here's How You Can Use It

Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) secured a partial dismissal in a lawsuit filed by the U.S. Federal Trade Commission on Monday. The FTC accused <a href="https://www.benzinga.com/general/education/24/09/41107170/jeff-bezos-used-this-method-to-get-true-opinions-from-employees-amazon-founder-says-youre-the-b">Amazon of maintaining illegal monopolies</a>.
What Happened: The FTC&#8217;s lawsuit claims Amazon employs anti-competitive practices to dominate online marketplaces. In December, Amazon requested U.S. District Judge John Chun to dismiss the case, arguing the FTC failed to show consumer harm, reported Reuters.
Judge Chun&#8217;s ruling, issued under seal, partially granted Amazon&#8217;s motion. Court records indicate the FTC can still pursue claims not permanently dismissed. Chun also decided the case will be tried in two parts, denying Amazon&#8217;s request to consolidate evidence and remedies in a single trial.
See Also: <a href="https://www.benzinga.com/news/24/09/40972893/trumps-mars-landing-promise-gets-slammed-by-peter-schiff-even-as-elon-musk-says-spacex-plans-5-launc?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Mars Landing Promise Gets Slammed By Peter Schiff Even As Elon Musk Says SpaceX Plans 5 Launches To Red Planet In 2 Years: &#8216;Just Don&#8217;t Want The Government To Do It&#8217;</a>
Why It Matters; This partial dismissal is a significant development in the ongoing antitrust scrutiny faced by Amazon. The FTC&#8217;s allegations are part of a broader pattern of antitrust challenges against the e-commerce giant globally.
Recently, an antitrust probe in India accused Amazon and Walmart Inc-owned Flipkart of violating local competition laws by <a href="https://www.benzinga.com/markets/equities/24/09/40860373/amazon-walmarts-flipkart-violate-indias-antitrust-laws-investigators-allege-report">favoring specific sellers on their platforms</a>. The Indian e-retail sector, valued at $57-$60 billion in 2023, is projected to exceed $160 billion by 2028, according to Bain.
Moreover, the FTC <a href="https://www.benzinga.com/news/23/10/35068969/ftc-exposes-amazons-hidden-algorithm-amid-antitrust-concerns">recently exposed Amazon&#8217;s hidden algorithm</a>, code-named &#8220;Project Nessie,&#8221; which allegedly manipulated prices to test competitors&#8217; reactions. These revelations are part of the FTC&#8217;s monopoly lawsuit against Amazon, highlighting the company&#8217;s controversial practices. 
Additionally, Amazon&#8217;s competitive landscape is evolving. In a recent antitrust trial, Alphabet Inc executive Jerry Dischler testified that Google is losing market share to emerging players like Amazon and TikTok. This underscores the increasing competition Amazon faces in the <a href="https://www.benzinga.com/government/23/09/34754532/antitrust-trial-exposes-googles-battle-against-amazon-for-advertising-supremacy">digital advertising space</a>. 
Price Action: Amazon stock closed at $186.33 on Monday, down 0.87% for the day. In after-hours trading, the stock slipped further by 0.34%. Year to date, Amazon&#8217;s stock has gained 24.28%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41082667/heres-why-china-is-urging-its-companies-to-forgo-nvidias-chips?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Here&#8217;s Why China is Urging Its Companies to Forgo Nvidia&#8217;s Chips</a></li>
</ul>
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>

Legal

AMZN

GOOGL

Amazon Secures Partial Victory Over FTC In Monopoly Case, Trial Split Into Two By Judge

U.S. markets closed Monday slightly higher, with the Dow Jones Industrial Average edging up 0.04% to 42,330.15, while the S&amp;P 500 gained a similar 0.04% to reach 5,762.48. The Nasdaq also rose by nearly 0.04%, closing at 18,189.17.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shares ended Monday higher by 2.29% to end the day at $233. The company is <a href="https://www.benzinga.com/markets/equities/24/09/41097541/amazon-apple-tesla-brace-for-supply-chain-disruptions-as-potential-east-coast-dockworkers-strike">preparing for potential disruptions</a> due to a looming dockworkers&#8217; strike on the East and Gulf Coasts. The strike could halt half of the goods entering and leaving the U.S., impacting the tech giant significantly. 
NIO Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares surged by 2.45% to close at $6.68. The company <a href="https://www.benzinga.com/news/24/09/41086919/why-nio-shares-are-trading-higher-by-around-13-here-are-20-stocks-moving-premarket">announced a significant investment</a> in its subsidiary, Nio China, causing the stock to jump 12.7% in pre-market trading. Nio announced that strategic investors committed to a 3.3 billion yuan cash investment in its subsidiary Nio China, while the company agreed to invest 10 billion yuan to subscribe to newly issued shares of the subsidiary.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41081939/trump-wants-us-to-be-bitcoin-mining-capital-of-the-world-core-scientifics-move-to-buy-chip?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Wants US To Be Bitcoin Mining Capital Of The World — Core Scientific&#8217;s Move To Buy Chips From Jack Dorsey Just The First Step In That Direction? CEO Gives Us His Take</a>
CVS Health Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>) is set to face renewed pressure as hedge fund Glenview Capital Management <a href="https://www.benzinga.com/news/large-cap/24/09/41091446/cvs-health-in-focus-as-activist-investor-prepares-for-high-level-talks">plans to meet top executives</a> to discuss operational improvements. CVS shares rose by 2.44% to close at $62.88. 
Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) shares plunged by 12.52% to close at $14.05 after the company <a href="https://www.benzinga.com/markets/equities/24/09/41089577/whats-going-on-with-stellantis-stock-monday">revised its fiscal 2024 guidance</a> due to North American performance issues and a deterioration in global industry dynamics. 
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares rose by 0.45% to close at $261.63. The company is expected to release its <a href="https://www.benzinga.com/news/24/09/41099499/tesla-could-report-slight-q3-deliveries-miss-amid-musks-political-controversies-munster-explains-why">third-quarter deliveries</a> report soon, and despite a potential slight miss, the stock is not expected to be significantly impacted. 
Photo by WHYFRAME on Shutterstock
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
Read Next:
<ul>
<li> <a href="https://www.benzinga.com/news/24/09/41082667/heres-why-china-is-urging-its-companies-to-forgo-nvidias-chips?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Here&#8217;s Why China is Urging Its Companies to Forgo Nvidia&#8217;s Chips</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>

STLA

TSLA

Apple, Nio, CVS Health, Stellantis, Tesla: Why These 5 Stocks Are On Investors' Radars Today

In a recent interview, former Secretary of State, Hillary Clinton, warned of a possible October surprise that could negatively impact Vice President Kamala Harris&#8216;s public perception.
What Happened: Speaking to &#8220;Firing Line&#8221; host Margaret Hoover, Clinton expressed concern about a potential campaign to misrepresent Harris&#8217;s identity, values, and actions. The interview, reported by <a href="https://thehill.com/homenews/campaign/4906833-clinton-warns-october-surprise-harris/">The Hill</a> on Thursday, saw Clinton drawing comparisons with the 2016 &#8220;pizzagate&#8221; conspiracy theory that marred her own presidential campaign against Donald Trump.
The &#8220;pizzagate&#8221; conspiracy, a false narrative about a child sex trafficking ring, resulted in a shooting incident at a pizza parlor in Washington, D.C., in 2016. Clinton emphasized the danger of such misinformation, often originating from the dark web and amplified by pro-Trump media, leading to widespread belief, said Clinton.
Clinton fears that the upcoming election&#8217;s &#8220;digital airwaves&#8221; will be filled with similar misinformation, potentially fueled by foreign actors like Russia, Iran, and China. She urged the press to maintain a &#8220;consistent narrative&#8221; about the threat Trump poses to the country.
Clinton anticipates a story about Harris surfacing soon. &#8220;So, I don&#8217;t know what it&#8217;s going to be,&#8221; she said, &#8220;But it will be something, and we&#8217;ll have to work very, very hard to make sure that it is exposed as the lie that it is.&#8221;
See Also: <a href="https://www.benzinga.com/general/politics/24/09/41079936/shaq-called-trump-a-straight-up-guy-before-presidency-i-think-he-just-says-it-wrong-but-did-the-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Shaq Called Trump &#8216;A Straight-Up Guy&#8217; Before Presidency, &#8216;I Think He Just Says It Wrong&#8217; – But Did The NBA Legend Actually Vote For Trump In 2016?</a>
Why It Matters: Clinton has previously offered Harris <a href="https://www.benzinga.com/news/24/09/40762350/hillary-clintons-advice-to-kamala-harris-for-donald-trump-debate-showdown-she-should-not-be-baited-s">strategic advice</a> for her face-off with Trump. She warned Harris of Trump&#8217;s likely &#8220;scorched Earth&#8221; approach, aimed at undermining her.
In July, Clinton penned an opinion piece for <a href="https://www.benzinga.com/news/24/07/39922362/hillary-clinton-says-kamala-harris-is-chronically-underestimated-says-vp-can-prosecute-a-compelling">The New York Times</a>, urging Democrats to unite behind Harris. She expressed confidence in Harris&#8217;s ability to offer a &#8220;hopeful, unifying vision&#8221; for American politics.
Earlier in April, Clinton criticized Trump&#8217;s tax policies favoring the wealthy. She stated, &#8220;If you&#8217;re a billionaire, he&#8217;s on your side. Otherwise, good luck.&#8221;
Image via Shutterstock
Check This Out:
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</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>

Hillary Clinton Warns Harris Of Possible 'October Surprise' That Could Dent Her Standing With The Public: Don't Know What It's Going To Be But 'It Will Be Something'

NBA icon&nbsp;Shaquille O&#8217;Neal&nbsp;earlier this year admitted to spending a whopping $1,000 on pedicures during an episode of The Big Podcast with Shaq.
What Happened: The episode which was posted on YouTube in February and had rap icon T.I. and Jamal Crawford in the mix, witnessed Shaq confess that he indulges in high-end pedicures to beautify his &#8220;ugly, stinky feet.&#8221;
&#8220;I give about $1,000 because I know my feet stink, I know they're ugly, and I like to paint them,&#8221; he stated.
The retired NBA star traced his pedicure routine back to a game where he scored 40 points after his mother, Lucille O&#8217;Neal, painted a toenail that he had torn off.
&#8220;I was like, I tore my toenail off, so she did something, and then she put like, some red polish on the thing, and I had 40 that game,&#8221; he said, adding, &#8220;So I was like, you know what, I&#8217;m just going to start painting my toenails.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/09/41086806/elon-musk-mocks-vinod-khosla-after-openai-investor-mixes-up-argentinas-poverty-and-unemployment-rate?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Mocks Vinod Khosla After OpenAI Investor Mixes Up Argentina&#8217;s Poverty And Unemployment Rates To Draw Parallels Between Javier Milei And Trump: &#8216;Vinod Is Just Actually Not Smart&#8217;</a>
When questioned about his preference for toenail art, Shaq confirmed that he chooses designs over solid colors.
He said,&nbsp;&#8220;I do like, sparkles and&nbsp;designs and all this stuff,&nbsp;you know, just to make&nbsp;it look pretty because I&nbsp;have ugly, stinky feet.&#8221;
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Shaq Talks NBA Beefs, Rap Secrets &amp; Untold Stories With T.I. &amp; Jamal Crawford &#x7C; Ep. #10" width="500" height="281" src="https://www.youtube.com/embed/AG3nk299lis?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Why It Matters: O&#8217;Neal&#8217;s off-court life has been as eventful as his basketball career.
In September 2024, he became involved in an <a href="https://www.benzinga.com/news/24/09/40973164/nba-star-shaquille-oneal-threw-tim-walz-out-from-his-big-chicken-restaurant-and-said-dont-come-back">election-related hoax</a> where it was alleged that he ejected Democratic nominee Kamala Harris&#8217; running mate Governor Tim Walz (D-Minn) from his restaurant.
Post his NBA career, Shaq has also gained <a href="https://www.benzinga.com/general/entertainment/23/02/30945804/google-apple-lyft-and-ring-shaquille-oneals-track-record-of-phenomenal-startup-investments">recognition for his business acumen</a>. His estimated $500M portfolio includes a significant investment in Google, Ring&nbsp;video doorbell, which was later acquired by&nbsp;Amazon and Apple
His investment portfolio features stakes in several franchises, including Five Guys,&nbsp;Papa John's,&nbsp;Krispy Kreme, and his own fast-food chain,&nbsp;Big Chicken.
Shaq previously also admitted to <a href="https://www.benzinga.com/news/24/09/40931123/shaquille-oneals-estimated-500m-portfolio-includes-a-big-bet-on-google-but-big-shamrock-made-a-criti">making a critical error</a> by turning down Starbucks, which he considers his &#8220;worst investment ever.&#8221;
Image via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41020589/tech-youtuber-mkbhd-responds-after-facing-massive-backlash-over-his-new-12-a-month-wallpaper-app?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tech YouTuber MKBHD Responds After Facing Massive Backlash Over His New $12 A Month Wallpaper App</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Sports

NBA Legend Shaquille O'Neal Loves His Toes Painted, Splurges $1000 On Some Serious Pedicure: 'I Do Like, Sparkles' To Make 'Ugly, Stinky' Feet Look Pretty

The Israeli military has reportedly launched a localized operation against Hezbollah targets in southern Lebanon, marking a new chapter in the ongoing conflict with the Lebanese militant group. This operation involves air force and artillery units supporting ground forces, targeting Hezbollah strongholds near the Israeli border. The duration of the operation remains undisclosed.
What Happened: According to an announcement made on Tuesday, the Israeli military has initiated a &#8220;limited, localized&#8221; operation against Hezbollah targets in southern Lebanon. The military statement revealed that the operation involves air force and artillery units supporting ground forces, targeting Hezbollah strongholds near the Israeli border.
&#8220;These targets are located in villages close to the border and pose an immediate threat to Israeli communities in northern Israel,&#8221; said the statement.
The operation&#8217;s duration remains undisclosed, but the army confirmed that it had been preparing for this for several months, reported the Associated Press.
The operation was approved by Israeli political leaders and began shortly after. U.S. officials confirmed that Israel had launched small ground raids against Hezbollah and sealed off communities along its northern border on Monday.
State Department spokesman Matthew Miller stated that Israel had informed the U.S. about the raids, which were described as &#8220;limited operations focused on Hezbollah infrastructure near the border.&#8221;
Despite the loss of its longtime leader Hassan Nasrallah and other top officials in recent Israeli strikes, Hezbollah has vowed to continue fighting. The group&#8217;s acting leader, Naim Kassem, stated that if Israel decides to launch a ground offensive, Hezbollah is ready.
The Israeli army has significantly increased its presence along the border in recent days, indicating that a larger ground operation could be imminent.
See Also: <a href="https://www.benzinga.com/news/24/09/41086412/elon-musk-joins-donald-trump-in-congratulating-former-first-lady-after-her-book-melania-becomes-a-be?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Joins Donald Trump In Congratulating Former First Lady After Her Book &#8216;Melania&#8217; Becomes A Bestseller In US</a>
Why It Matters: This operation comes after the <a href="https://www.benzinga.com/news/24/09/41079860/israel-tightens-grip-hezbollah-leader-hassan-nasrallah-killed">death of Hezbollah&#8217;s leader</a> Nasrallah, in an Israeli airstrike. Nasrallah had led the group for 30 years and was known for his threats against Israel and the U.S. presence in Lebanon.
Furthermore, the Israeli Defense Forces had been <a href="https://www.benzinga.com/general/politics/24/09/41030927/israel-considers-ground-invasion-calls-up-reserve-brigades-as-conflict-escalates-in-lebanon-90k-">preparing for a possible entry into Lebanon</a>, calling up reservist brigades to &#8220;decisively destroy&#8221; Hezbollah's infrastructure. This development was in response to Hezbollah&#8217;s attempt to harm the headquarters of the Israeli spy agency Mossad.
Despite international calls for a cease-fire, Israeli Prime Minister Benjamin Netanyahu defended his country's actions at the United Nations General Assembly, standing firm on Israel's military offensive that has killed around 700 people in Lebanon since Monday.
Meanwhile, WTI Crude November oil futures were seen 0.13% higher at $68.25 at the time of writing. ICE Brent November futures were unchanged at $71.77. Oil prices have remained soft as OPEC+ plans to pump up production in December while demand remains lackluster in China.
Image via Shutterstock
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</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>

Israeli Military Begins Limited Operation Against Hezbollah In Southern Lebanon: Military Says Target Pose An 'Immediate Threat'

SciSparc Ltd.(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRC#NASDAQ">SPRC</a>), a clinical-stage pharmaceutical company, announced that the U.S. Food and Drug Administration (FDA) has approved its investigational new drug (IND), which enables the company to proceed to Phase IIb clinical trial for its medication to treat <a href="https://www.benzinga.com/general/biotech/22/12/29944930/cannabis-for-tourette-syndrome-significant-improvement-in-quality-of-life-finds-israeli-study">Tourette Syndrome</a> (TS).
This FDA approval is a significant milestone for the company as it seeks to address unmet medical needs in managing TS.
<h3 class="wp-block-heading">SciSparc Targets Unmet Medical </h3>
Tourette Syndrome is a complex neurological disorder that affects patients worldwide, especially children and adolescents. Existing treatments often fall short of effectively managing symptoms. "As the currently used medications are managing only a small number of disease symptoms with limited efficacy and questionable safety, we believe there is a clear unmet medical need for the management of TS," said SciSparc&#8217;s CEO, Oz Adler.
SciSparc's drug candidate, SCI-110, has already shown promising results in earlier trials. A Phase IIa clinical trial at Yale University demonstrated a reduction in TS-related tics of 21% across patients with almost 40% of participants experiencing a greater than 25% reduction.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/23/06/32799223/cbd-thc-combined-helps-treat-tourette-syndrome-symptoms-new-study-finds">CBD &amp; THC Combined Helps Treat Tourette Syndrome Symptoms, New Study Finds</a>
<h3 class="wp-block-heading">Global Clinical Trial To Start Soon</h3>
The upcoming Phase IIb trial will take place at three medical institutions: the Yale Child Study Center in Connecticut, the Hannover Medical School in Germany and the Tel Aviv Sourasky Medical Center in Israel.
This trial will focus on assessing the efficacy, safety, and tolerability in adult patients. &#8220;The therapy of choice should also have a favorable safety profile, allowing for high patient drug compliance,&#8221; Adler added.
Participants in the trial will be randomized at a 1:1 ratio to receive either SCI-110 or a placebo. The trial will measure changes using the Yale Global Tic Severity Scale at weeks 12 and 26, with the primary safety objective being to assess serious adverse events across the patient population.
<h3 class="wp-block-heading">Cannabinoids And The Broader Vision</h3>
SciSparc is specialized in cannabinoid-based treatments for neurological disorders. 
Besides SCI-110 for TS, the company is also exploring its potential for <a href="https://www.benzinga.com/markets/cannabis/24/06/39439989/exclusive-new-alzheimers-treatment-promising-cannabinoid-compound-shows-hope-inmed-ceo-says">Alzheimer's</a> disease and agitation. &#8220;We believe our innovative drug candidate SCI-110 has the potential to be this desired therapy,&#8221; Adler said. 
<ul>
<li>Read Also: <a href="https://www.benzinga.com/general/biotech/22/12/29944930/cannabis-for-tourette-syndrome-significant-improvement-in-quality-of-life-finds-israeli-study">Cannabis For Tourette Syndrome? Significant Improvement In Quality Of Life, Finds Israeli Study</a></li>
</ul>
Cover: AI generated image

Cannabis

Health Care

SPRC

Pharma Company Gets FDA Green Light For Next Phase Trial For Tourette Syndrome

Michigan could soon become the latest state to allow the legal use of psychedelic mushrooms for individuals with post traumatic stress disorder (PTSD). As Marijuana Moment <a href="https://www.marijuanamoment.net/new-michigan-bill-would-legalize-psychedelic-mushrooms-for-people-with-ptsd/">reported</a>, a new bill introduced by State Rep. Mike McFall (D) proposes legalizing up to two ounces of <a href="https://www.benzinga.com/topic/psilocybin">psilocybin</a> mushrooms for personal use for people over 18 who have been diagnosed with post-traumatic stress disorder (PTSD). The bill, <a href="https://legislature.mi.gov/Bills/Bill?ObjectName=2024-HB-5980">HB 5980</a>, also extends to psilocin, another psychoactive compound found in mushrooms.
<h3 class="wp-block-heading">Key Details Of Bill: No Commercial Psychedelic Industry Proposed</h3>
The proposal focuses on protecting individuals with PTSD from prosecution for possessing psilocybin or psilocin for personal use and does not establish a legal framework for producing or distributing psychedelics. The bill states that qualified individuals would not be "in violation of" laws prohibiting the creation, manufacture, possession or use of psilocybin and psilocin. HB 5980 is awaiting a hearing in the House Criminal Justice Committee.
At the local level, several Michigan cities like <a href="https://www.benzinga.com/markets/cannabis/21/11/23855295/detroit-decriminalizes-psychedelics-reducing-them-to-lowest-law-enforcement-priority">Detroit</a>, <a href="https://www.benzinga.com/markets/cannabis/20/09/17609678/ann-arbor-votes-to-legalize-psychedelic-plants-and-fungi">Ann Arbor</a> and <a href="https://www.benzinga.com/markets/cannabis/24/01/36601004/ypsilanti-becomes-michigans-fifth-city-to-decriminalize-psychedelics-via-local-resolution">Ypsilanti,</a> have already deprioritized the enforcement of laws against psychedelics. However, a state-level push for broader decriminalization has so far struggled to gain momentum. The proposed legislation comes as<a href="https://www.benzinga.com/topic/psychedelic-assisted-therapies"> psychedelic therapy</a> continues to gain mainstream attention, with emerging research suggesting psilocybin's potential to treat mental health disorders such as <a href="https://www.benzinga.com/markets/cannabis/24/09/41004196/psilocybin-found-to-be-as-effective-as-lexapro-in-treating-depression-researchers-say">depression</a>, <a href="https://www.benzinga.com/markets/cannabis/24/03/37465047/psyched-new-evidence-shows-psilocybin-as-anxiety-therapy-open-source-learning-for-therapists-env">anxiety</a> and <a href="https://www.benzinga.com/markets/cannabis/24/08/40663142/single-dose-psilocybin-therapy-shows-promise-for-treating-alcohol-use-disorder-study-finds">substance use disorders</a>. Federal agencies, including the National Institutes of Health, have <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8156539/">acknowledged</a> the growing evidence of psilocybin's therapeutic benefits, though caution remains regarding its recreational use.
Cover image made with AI

Government

Psychedelics

Michigan Bill Could Legalize Psychedelic Mushrooms For PTSD Treatment

BCLI

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

Management

Insider Trades

Dell Technologies Form 4 Filing Shows CEO Michael S Dell Sold 10M Shares At An Average Price Of $122.40/Share

STOCK RISES THOUGHT THE DAY AND HITS HIGH AT 3:55 PM EDT
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="822" height="799" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/30203158/Screen-Shot-2024-09-30-at-4.28.14-PM.png" alt="" class="wp-image-1697" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/30203158/Screen-Shot-2024-09-30-at-4.28.14-PM.png 822w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/30203158/Screen-Shot-2024-09-30-at-4.28.14-PM-300x292.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/30203158/Screen-Shot-2024-09-30-at-4.28.14-PM-768x747.png 768w" sizes="(max-width: 822px) 100vw, 822px" /></figure>
ELI LILLY Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Today, at 10:10 AM on September 30th, a significant trading signal occurred for Eli Lilly, Inc. as it demonstrated a Power Inflow at $872. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Amazon&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in Amazon&#8217;s stock price, interpreting this event as a bullish sign.
Signal description
Order flow analytics, aka transaction or market flow analysis, separate and study both the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for LLY, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like <a href="https://finitusa.com/en/">Finit USA</a>, responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $872. The returns on the High price ($887.07) and Close price ($885.94) after the Power Inflow are respectively 1.6% and 1.5%. The result underlines the importance of a trading plan that includes Profit Targets and Stop Losses that reflect your appetite for risk. The results were close today but that is not always the case.
Past results are not indicative of future results

Signals

Tradepulse Power Inflow Alert: Eli Lilly And Company Climbs 15 Points

With no more presidential debates planned between Vice President Kamala Harris and Donald Trump, the attention turns to their vice presidential running mates Minnesota Gov. Tim Walz and Ohio Sen. J.D. Vance, who are the candidates for the Democratic and Republican parties, respectively, in<a href="https://www.benzinga.com/topic/2024-election"> the 2024 election.</a>
The two face off in a debate Tuesday, Oct. 1. Here's a look at how to watch, what could be the big topics and who bettors are predicting will win.
How to Watch the VP Debate: Vance and Walz face off on Oct. 1 at 9 p.m. ET <a href="https://www.benzinga.com/general/politics/24/09/40844701/trump-harris-might-not-debate-again-but-their-running-mates-will-what-voters-should-know-about-w">in a debate hosted by </a>CBS News, a unit of Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>).
Norah O'Donnell and Margaret Brennan will serve as the moderators for the debate, which takes place in New York without a live audience.
CBS News begins coverage of the debate at 8 p.m. ET on CBS and affiliate networks. The debate and coverage can also be streamed on Paramount+, CBSNews.com and YouTube. Paramount will allow simulcasting by other networks.
The debate will be 90 minutes in length with two planned four-minute commercial breaks. The candidates are not allowed to interact with their campaign teams during the commercial breaks.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent093024">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Debate Rules: The candidates will not give opening statements for the vice-presidential debate on Tuesday. The candidates will be given questions with two minutes to answer and then given two minutes to respond. One minute will be allowed for rebuttals, as well.
Walz will stand behind the lectern on the left side of the stage with Vance at the podium on the right side of the stage.
Candidates will not be allowed to have pre-written notes on the stage with them.
One major difference from the recent presidential debate between Harris and Trump will be microphones for the candidates that are not muted. The moderators will have the ability to turn off the microphones if warranted by CBS News.
The winner of a coin toss, Vance will go second in Tuesday's closing statements. Each candidate will have two minutes for their closing statement to end the debate.
Key Items to Watch: With less than 40 days until the Nov. 5 presidential election, Tuesday's debate could prove as a final test for undecided voters and voters who are less convinced of backing Harris or Trump.
While Harris and Trump won't be on stage, their names are likely to get brought up a lot.
In fact, one of the top betting <a href="https://polymarket.com/markets/politics/vp-debate">odds </a>from prediction market Polymarket is on how many times the candidates will utter the names Trump and Harris.
Some of the most likely items for Vance to say during the debate according to the Polymarket odds are:
<ul>
<li>Abortion: 93%</li>
<li>Border 5+ Times: 93%</li>
<li>Trump 20+ Times: 79%</li>
<li>Harris 15+ Times: 83%</li>
<li>Inflation: 95%</li>
<li>Helene: 80% (the recent hurricane)</li>
<li>Israel: 88%</li>
</ul>
Lower betting odds, but topics that could prove to be among the most talked about are Vance saying "tampon" at 33% and saying Haitian at 28%.
Some of the most likely items for Walz to say during the debate according to Polymarket odds are:
<ul>
<li>Abortion: 94%</li>
<li>Trump 20+: 73% &nbsp;</li>
<li>Harris 15+: 77%</li>
<li>Coach: 69%</li>
<li>Teacher: 82%</li>
<li>Football: 68%</li>
<li>Helene: 54%</li>
<li>Israel: 83%</li>
</ul>
Polymarket shows a 95% chance that Walz and Vance shake hands before the debate.
Betting odds currently predict that Walz will win the debate based on YouGov polls with a 73% chance of winning.
Bettors can also predict how many people will watch the debate. Here are the current odds:
<ul>
<li>Less than 40 million viewers: 18%</li>
<li>40 million to 45 million: 14%</li>
<li>45 million to 50 million: 19%</li>
<li>50 million to 55 million: 24%</li>
<li>55 million to 60 million: 14%</li>
<li>60 to 65 million: 8%</li>
<li>65 million or more: 2%</li>
</ul>
For context, the presidential debate between Harris and Trump <a href="https://www.benzinga.com/general/entertainment/24/09/40840076/trump-vs-harris-presidential-debate-viewership-tops-trump-biden-total-but-falls-short-of-re">was watched by </a>67.1 million people on Sept. 10 and the lone vice-presidential debate between Harris and Mike Pence for the 2020 election was watched by 57.9 million people.
On Polymarket, users can deposit funds using USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) via the Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/matic/usd">MATIC</a>) network, or directly from a crypto account with Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>). In each betting market, the winning option pays out at $1.
While Trump and Harris won't take part in the debate, they could see their betting odds change after the debate. Harris currently <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40993290/trump-vs-harris-2024-election-betting-odds-show-vice-president-maintains-lead-as-race-near">leads at sportsbook</a> Bet365 with odds of -125 to Trump's +100. At Polymarket, Harris has a 50% chance of winning the 2024 election compared to 49% for Trump.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/09/41011819/trump-harris-could-appear-in-back-to-back-60-minutes-interviews-could-paramount-stock-be-a-">Trump, Harris Could Appear In Back-To-Back &#8217;60 Minutes&#8217; Interviews: Could Paramount Stock Be A 2024 Election Winner?</a></li>
</ul>
Photos: Shutterstock

Sports Betting

$MATIC

$USDC

PARA

PARAA

Walz Vs. Vance VP Debate Betting Odds, What Candidate Is Favored? Plus, How To Watch, Likely Topics And More

Ellomay Capital (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ELLO#AMEX">ELLO</a>) reported quarterly earnings of $0.03 per share. This is a 75 percent decrease over earnings of $0.12 per share from the same period last year. The company reported $12.07 million in sales this quarter. This is a 17.53 percent decrease over sales of $14.64 million the same period last year.

Earnings

ELLO

Ellomay Capital Q2 EPS $0.03 Down From $0.12 YoY, Sales $12.07M Down From $14.64M YoY

Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder <a href="https://www.benzinga.com/topic/jeff-bezos">Jeff Bezos</a> may not be running the e-commerce company he founded anymore, but his business philosophies and principles helped lay the groundwork to create one of the largest companies in the world today.
Tips on how to conduct meetings for increased productivity could be one of the ways that Bezos and Amazon have been successful over the years. 
What Happened:&nbsp;Bezos is one of the <a href="https://www.benzinga.com/general/education/24/08/40300456/jeff-bezos-may-be-worth-186b-but-he-once-paid-600k-a-month-in-rent-to-a-legendary-musician">richest people in the world</a> today and a large portion of his wealth came from the increased valuation at Amazon over the years, a company that survived the dot-com bubble and has diversified into new sectors like streaming and the cloud. 
The wealth increase was driven by an increase in the valuation of Amazon over the years, the company&nbsp;Bezos led for 27 years before stepping down as&nbsp;<a href="https://www.benzinga.com/general/education/22/11/29691021/walking-away-on-top-if-you-invested-1-000-in-amazon-when-bezos-stepped-down-heres-how-much-youd" target="_blank" rel="noreferrer noopener">CEO in July 2021.</a>
One of the reasons Amazon might&nbsp;be so successful could have been Bezos' leadership and business practices.
A company such as Amazon likely held many meetings between executives, employees and potential partners. One practice Bezos did during meetings with employees was to speak last, something his current girlfriend Lauren Sánchez recently said was one of the best business lessons she's learned from him.
"I hold a lot of meetings, and I would talk first in a meeting, and (Bezos) goes, ‘No, no, no. You're the boss. You talk last. You let everyone else talk, so that they don't get swayed by your opinion,'" Sánchez <a href="https://www.wsj.com/articles/lauren-sanchez-interview-jeff-bezos-11674587199" target="_blank" rel="noreferrer noopener">said </a>in an interview with the Wall Street Journal.
Sánchez said living with Bezos has been like "having a master class every day."
"What he's taught me a lot about is management."
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important:&nbsp;Bezos&nbsp;previously shared that changing practices for meetings helped with the success of Amazon and could have been "the smartest thing we ever did" at the company.
Bezos shared in 2018 that Amazon did away with PowerPoint presentations, choosing instead to open meetings with a 30-minute silent reading period. This gave employees time to read through a detailed memo that covered the discussion topics prior to the start of the meeting.
Similar to the Bezos&#8217;s speaking last, these meetings would see employees share reactions to the memo before the CEO would share his own thoughts.
Bezos said the silent reading helped create "the context for what will then be a good discussion."
The former Amazon CEO said the silent reading period also ensured that attendees read through the notes rather than ignoring emails.
"Executives will bluff their way through the meeting as if they've read the memo, because we're busy, and so you've got to actually carve out the time for the memo to get read."
Bezos also recommended&nbsp;keeping meetings as short as possible once the silent reading period is done. Sanchez said Bezos told her the key was to keep meetings under an hour if possible.
CNBC&nbsp;<a href="https://www.cnbc.com/2019/10/14/jeff-bezos-this-is-the-smartest-thing-we-ever-did-at-amazon.html" target="_blank" rel="noreferrer noopener">reported&nbsp;</a>that other business leaders such as&nbsp;Twitter&nbsp;co-founder and former CEO&nbsp;Jack Dorsey&nbsp;also shared a similar belief in starting meetings with a silent reading period to go over the meeting agenda.
"This practice makes time for everyone to get on the same page, allows us to work from many locations, and gets to truth/critical thinking faster," Dorsey&nbsp;said.
The business advice from Bezos could be worth it for bosses and companies to consider with Amazon shares up 945% in the past 10 years and the company now one of the largest in the world. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/09/40860724/bezos-doesnt-sunbathe-alone-on-his-25m-a-year-superyacht-as-he-hosts-kim-kardashian-leonard">Bezos Doesn&#8217;t Sunbathe Alone On His $25M-A-Year Superyacht As He Hosts Kim Kardashian, Leonardo DiCaprio, Katy Perry, Orlando Bloom And Others For Summer Fun</a></li>
</ul>
This article was previously published by Benzinga and has been updated.
Photo: Shutterstock

Comments

Nexus Energy Services

Interés en corto

Nexus Energy Services (OTC:IBGR) Bolsa, Informe de interés en corto

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL