The 7th Trillion Dollar Company?

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

US Allies Urge Biden To Step Down After Disastrous Debate Performance: 'Important To Manage One's Ride Into The Sunset'

Rounak Jain
June 29, 2024

The European allies of the United States are calling for President Joe Biden to step down following his widely criticized performance in the recent presidential debate.

What Happened: The debate, which took place on Thursday, has raised concerns about Biden’s ability to lead the country, reported Bloomberg.

The debate was marked by Biden’s repeated stumbles and a lack of coherence, while his opponent, former President Donald Trump, made several false and exaggerated statements, leaving US allies unsettled.

Following the debate, Poland’s top diplomat, Radoslaw Sikorski, compared Biden and the last of the “five good emperors” of ancient Rome, who made a detrimental decision in his final years, leading to civil war.

"It's important to manage one's ride into the sunset," Sikorski said in a post on X.

Sikorski’s boss, Prime Minister Donald Tusk, also expressed concern over Biden’s performance, stating that it was to be expected that a direct confrontation would not be easy for the President.

"I was afraid of this, in the sense that it was to be expected that in a direct confrontation, in a debate, it would not be easy for President Biden," said Tusk in a briefing on Friday.

When asked if Democrats need to change their candidate. "They definitely have a problem," Tusk said.

"These reactions are unequivocal."

See Also: Elon Musk Says Trump-Biden Debate Was ‘Setup For A Switch:’ ‘They’re Just Talking Puppets’

European Union leaders, who were already dealing with their own election drama, were taken aback by the debate’s outcome.

The United Kingdom’s opposition Labour leader, Keir Starmer, declined to comment publicly on Biden’s performance but privately expressed alarm. The reactions from U.S. adversaries, Russia and China, were relatively muted, with some Chinese social media users mocking both candidates and the debate.

Kishore Mahbubani, a former senior official in Singapore's Foreign Ministry and former president of the United Nations Security Council, said it must have been one of the worst nights of Biden's political career. "There may be a kind of a paradoxical result from this debate — it means that Joe Biden has to step down and the younger Democratic candidate comes in…”

Why It Matters: Biden’s performance during the debate has sparked a wave of concern among Democrats, with some even questioning if it’s too late to replace the 81-year-old leader on the ticket.

This concern was further fueled by the fact that Biden’s performance improved as the debate progressed, but he failed to land any significant blows against Trump.

Despite the criticism, Vice President Kamala Harris defended Biden’s performance, calling it a “slow start” with a “strong finish.”

On the other hand, "Mad Money" host Jim Cramer thinks a second Trump presidency could be good for your portfolio and equity markets.

Read Next: Biden Vs. Trump: Flash Poll Picks Debate Winner, But Over One-Third Of Voters Doubt His Ability To Lead

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo by Gints Ivuskans on Shutterstock

Popular

Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

Your Second Chance to Profit from AI - Ad

If you missed out on Nvidia, don't worry. A 244-year-old pattern is about to trigger a $25.6 trillion AI surge... And send three overlooked stocks soaring 1,000%+

'Bombshell' Presentation Exposes Dark Side of Tech Billionaires - Ad

Blistering presentation exposes dark underbelly of Big Tech; their control over the economy and what you can do about it. If you watch just one presentation this year, make sure it's this one.

8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.

Warren Buffett's "Mystery Stock" - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately.

Fire at lithium battery factory in South Korea kills 1, leaves more than 20 missing

SEOUL, South Korea (AP) — A fire at a lithium battery manufacturing factory near South Korea's capital on Monday left one person dead, three injured and more than 20 others missing, officials said.

A Silent Invasion of America - Ad

America's southern border is in chaos, but a more alarming invasion is occurring nationwide. This unprecedented event will reshape the country dramatically, equating to 300 years of change in just 24 months. I've discovered startling facts that every American must know before it's too late.

Dog fight! Joey Chestnut out of July 4 hot dog eating contest due to deal with rival brand

NEW YORK (AP) — America’s perennial hot dog swallowing champion won’t compete in this year’s Independence Day competition due to a contract dispute, organizers said Tuesday.

Event Contract Trading Signals Uncertainty In Apple Monopoly Case During WWDC

Apple's chance of being seen as monopoly fluctuated during WWDC, with event contract trader Kalshi reporting a high of 68% on April 11.

Revealed: AI Keeps Leading Famous Trader to New Tickers - Ad

This strategy is a shocking way to leverage AI's controversial power.

Boeing Faces Sanctions From NTSB Over Unauthorized Release Of 737 MAX Investigation Details

The NTSB's action further strains the relationship between Boeing and government agencies, amid the planemaker's efforts to avoid criminal charges from the U.S. Department of Justice (DOJ) before a July 7 deadline.

Why Alibaba Stock Could Rally: Golden Cross In Sight

Alibaba is nearing a bullish Golden Cross, with strong AI and cloud ambitions, despite facing competition and bearish momentum. Solid business, attractive valuation, and potential uptrend signal future growth.

What President Biden's New Law Means for Investors - Ad

President Biden just signed a new law approving billions of dollars for one small but growing industry, and investors like Bill Gates and Peter Thiel are all over it. This expert just went public with all the details, including which stocks to jump on immediately.

65% Of New Hampshire Residents Support Legalizing Adult-Use Cannabis, New Poll Shows

New Hampshire poll shows 65% support for recreational cannabis legalization despite legislative setbacks. Public opinion pushes for reform.

The US fines Middle Eastern airline Emirates $1.8 million for flights that passed too low over Iraq

WASHINGTON (AP) — The Transportation Department said Thursday that it fined Middle Eastern $1.8 million for flights in regions off-limits to U.S. airlines while it allowed JetBlue Airways to sell seats on the planes.

Weekend Gains Await You With Tim Sykes! - Ad

Volatility is your ally in weekend trading with Tim Sykes' strategy. Unlock your potential and turn market swings into profit. Start trading now!

What's Going On With Cheche Group Shares Today?

Cheche Group shares rise as it expands insurance collaborations with BAIC Group's Beijing Anpeng, enhancing ties with new energy vehicle manufacturers in China.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

What's Going On With Ocean Power Technologies Stock After Hours?

Ocean Power Technologies said it signed an Original Equipment Manufacturer agreement with Teledyne Marine, a division of Teledyne Technologies in an effort to  to enhance Ocean Power's product offerings and drive innovation within the industry.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

The fizz is gone: Atlanta's former Coca-Cola museum demolished for parking lot

ATLANTA (AP) — Once a shrine to the world's most popular soft drink, the building that housed the original World of Coca-Cola is going flat at the hands of Georgia's state government.

General Motors Adjusts EV Production Target, Resumes Cruise Operations In Houston

GM's Cruise resumes operations in Houston. The company adjusted its EV production target; approved $6B stock buyback.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Workers sue Disney claiming they were fraudulently induced to move to Florida from California

ORLANDO, Fla. (AP) — Disney workers are suing their employer, claiming they were fraudulently induced to to work in a new office campus only to have those plans later scrapped amid a fight between the entertainment giant and Florida Gov. Ron DeSantis.

Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

SAN FRANCISCO (AP) — A panel of federal judges spent two hours on Tuesday wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom.

Weekend Trading: The Key to Conquer Volatility with Tim Sykes! - Ad

Discover the power of weekend trading with Tim Sykes' strategy. Turn market turbulence into your advantage. Trade with us and win in any market condition.

Wall St. Legend: Millions of Americans About to Fall Out of the 1% - Ad

Wall Street insider reveals the financial tidal wave about to knock millions of Americans out of the One Percent. Predicts it will be far worse for everyone else. Warns EVERYONE to seek higher ground now!

Florida jury finds Chiquita Brands liable for Colombia deaths, must pay $38.3M to family members

Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia's long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided.

Micro communities for the homeless sprout in US cities eager for small, quick and cheap solutions

ATLANTA (AP) — In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home.

Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad

Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.

Colorado's Youth Cannabis Use Hits Historic Lows, Survey Finds

Colorado's latest survey shows declining youth cannabis use alongside broader shifts in risky behaviors and mental health improvements.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service