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(BPT) - Tech gifts are consistently some of the most popular presents to give and receive during the holidays. In fact, according to the annual Consumer Technology Holiday Purchase Patterns report , a record 233 million U.S. adults (89%) will buy tech products during the 2024 holiday season. But with so many devices out there, it can be hard to decide on the perfect option for the loved one on your list. A tablet like the new Fire HD 8 from Amazon offers the versatility of an all-in-one device, with access to streaming, gaming, video chatting, reading or writing all at your fingertips. Fire HD 8 also features a vibrant 8-inch HD display and lightweight, portable design, for high-quality entertainment on the go. Plus, Fire HD 8 comes with three new AI features that can help you get the most out of your tablet experience. Check them out below and learn how they can help you with daily tasks this holiday season and beyond. 1. Meet your personal writing assistant Do you struggle with writing a heartfelt message or finessing a tricky email? Fear not! Writing Assist is here to help. Writing Assist works as part of your Fire tablet's device keyboard and compatible apps, including email, Word documents and social media. In just a few taps, you can transform your writing from good to great. Try Writing Assist's pre-set styles to turn a simple email into a professionally written note. Or, you can ask Writing Assist for grammar suggestions to make your writing more concise, or elaborate on your ideas. You can even "emojify" your writing to add more fun and personality. 2. Learn more in less time Say goodbye to scrolling through pages of information. The new Webpage Summaries feature allows you to learn pertinent information as quickly as possible. Available on the Silk browser on Fire tablets, Webpage Summaries provides quick insights on web articles. In a matter of seconds, this feature will distill the key points in an article or on a webpage into a clear, concise summary of what you need to know. 3. Get creative with your device wallpaper With Wallpaper Creator, you can easily add a touch of creative flair and customization to your tablet's home screen. You can choose from one of the curated prompts to get started on creating a unique background. Or, if you're ready to let your imagination run wild, type a description of what you'd like to see. For example, you can ask for an image of a tiger swimming underwater or a watercolor-style image of a desert landscape in space. Wallpaper Creator will then turn your vision into a reality, delivering a high-resolution image that you can use as your tablet's wallpaper. Celebrate an AI-powered holiday season Writing Assist, Webpage Summaries, and Wallpaper Creator are now available on Amazon's new Fire HD 8 and other compatible Fire tablet devices, including the latest Fire HD 10 and Fire Max 11 tablets. To learn more, or to order a new Fire tablet this gift-giving season, visit Amazon.com .
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Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes officeThe funds, equivalent to US$50,000 per constituency, were announced by Speaker of the National Assembly Jacob Mudenda in September this year. Despite the announcement, MPs have not received the funds, prompting Marondera Central MP Caston Matewu (CCC) to raise a point of privilege in Parliament. Matewu expressed frustration that the funds had not been disbursed, citing the challenges posed by the instability of the local currency. Cumulatively, US$50,000 allocated to each of the 210 constituencies totals US$10,500,000. MPs were urged to submit their development project proposals for funding consideration. But they have not received the funds since 2022. The CDF allocation is meant to support development projects in constituencies across the country. However, parliamentarians have been advocating for the funds to be disbursed in US dollars, citing the challenges posed by the local currency’s instability. “It is unfortunate the Minister of Finance is not here. This august House last received the Constituency Development Fund (CDF) in 2022. This is now 2024 and we are going into 2025; it will be three years. “Year on year appropriating the Constituency Development Fund and it is not coming to the Hon. Members of this august House,” Matewu stated during parliamentary session on Thursday. “I want to implore through you that the Minister releases our Constituency Development Fund so that we can be confident. If we are to pass this Budget again with CDF, surely this time will come to the Hon. Members constituencies which to the public we have already received. “The announcement that was made went viral even on ZBC saying we got the 50 000 and many in our constituencies are being harassed by citizens saying, where is this 50 000 that was said by Parliament that we have been appropriated? “Through your office, can you please ensure that before we break off, the Minister of Finance pays us all our outstanding allowances so that as Hon. Members, we are able to expedite some of our expenses? “We are going into the festive season, can you please ensure that the Minister pays all of us all our outstanding allowances?” The Deputy Speaker of Parliament promised to relay the message to the Minister of Finance. The Zimbabwean government is facing massive financial constraints. It is struggling to pay civil servants and contain the El Nino-induced drought.
(BPT) - Tech gifts are consistently some of the most popular presents to give and receive during the holidays. In fact, according to the annual Consumer Technology Holiday Purchase Patterns report , a record 233 million U.S. adults (89%) will buy tech products during the 2024 holiday season. But with so many devices out there, it can be hard to decide on the perfect option for the loved one on your list. A tablet like the new Fire HD 8 from Amazon offers the versatility of an all-in-one device, with access to streaming, gaming, video chatting, reading or writing all at your fingertips. Fire HD 8 also features a vibrant 8-inch HD display and lightweight, portable design, for high-quality entertainment on the go. Plus, Fire HD 8 comes with three new AI features that can help you get the most out of your tablet experience. Check them out below and learn how they can help you with daily tasks this holiday season and beyond. 1. Meet your personal writing assistant Do you struggle with writing a heartfelt message or finessing a tricky email? Fear not! Writing Assist is here to help. Writing Assist works as part of your Fire tablet's device keyboard and compatible apps, including email, Word documents and social media. In just a few taps, you can transform your writing from good to great. Try Writing Assist's pre-set styles to turn a simple email into a professionally written note. Or, you can ask Writing Assist for grammar suggestions to make your writing more concise, or elaborate on your ideas. You can even "emojify" your writing to add more fun and personality. 2. Learn more in less time Say goodbye to scrolling through pages of information. The new Webpage Summaries feature allows you to learn pertinent information as quickly as possible. Available on the Silk browser on Fire tablets, Webpage Summaries provides quick insights on web articles. In a matter of seconds, this feature will distill the key points in an article or on a webpage into a clear, concise summary of what you need to know. 3. Get creative with your device wallpaper With Wallpaper Creator, you can easily add a touch of creative flair and customization to your tablet's home screen. You can choose from one of the curated prompts to get started on creating a unique background. Or, if you're ready to let your imagination run wild, type a description of what you'd like to see. For example, you can ask for an image of a tiger swimming underwater or a watercolor-style image of a desert landscape in space. Wallpaper Creator will then turn your vision into a reality, delivering a high-resolution image that you can use as your tablet's wallpaper. Celebrate an AI-powered holiday season Writing Assist, Webpage Summaries, and Wallpaper Creator are now available on Amazon's new Fire HD 8 and other compatible Fire tablet devices, including the latest Fire HD 10 and Fire Max 11 tablets. To learn more, or to order a new Fire tablet this gift-giving season, visit Amazon.com .Mumbai: In a major step into the murder probe of the Nationalist Congress Party (NCP) leader Baba Siddique, the Mumbai Police declared gangster Anmol Bishnoi a ‘wanted accused’ and slapped the draconian Maharashtra Control of Organised Crime Act (MCOCA) against 26 others involved in the killing, here on Saturday. Police officials said that while 26 accused including three sharp shooters have been arrested, they are on the lookout for three other fugitives including Anmol Bishnoi – the younger brother of jailed mafia leader Lawrence Bishnoi. “The provisions of the MCOCA, 1999, have been invoked in this (Siddique murder) case. The investigation is ongoing. As of now, 26 accused have been arrested, while three accused – Anmol Bishnoi, Shubham Rameshwar Lonkar, and Zishan Mohammad Akhtar — are wanted accused in the case,” police officials said on Saturday. Anmol Bishnoi, 26, who was holed up in the US, was detained last fortnight and later arrested by the local US law enforcers. He is currently cooling his heels in custody at the Pottawattamie County Jail in Iowa State. On October 12, Siddique (66), a senior NCP leader and ex-Congress Minister having close links with Bollywood and business circles, was shot dead outside his son Zeeshan Siddique’s office in Bandra East, at the height of the Dassehra Day celebrations, sparking a national political furore. Initially, the Nirmal Nagar Police Station registered an FIR on the incident, and subsequently, the Crime Branch-CID also entered the investigations given the political implications ahead of the just-concluded November 20 Maharashtra Assembly elections. Probing the case, the Mumbai Police have arrested 26 accused in an ongoing operation spread across several districts of the state and other states. The police had filed the case under BNS Sections 103(1), 109, 125, and 3(5), read with Sections 3, 5, 25, and 27 of the Arms Act and Sections 37 and 135 of the Maharashtra Police Act (MPA), and now additional charges under MCOCA. The police have so far seized five weapons and 64 bullets from the accused, who include three sharpshooters, assigned the task of eliminating Siddique or his son Zeeshan B. Siddique. Lawyers explained that confessions made before the police under MCOCA are admissible as evidence in the court and it is difficult to retract them or secure bail. Besides the Siddique killing, the Bishnois have also been allegedly involved in the multiple death threats to Bollywood legend Salim Khan and his actor son Salman Khan, besides a firing carried out at their Bandra home on April 14.
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With a changing of the guard at 1600 Pennsylvania Avenue, many are wondering how Trump will affect the stock market. Time will tell, but seeds are already being planted in Washington, D.C., that will reveal which sectors and stocks will prosper under a Trump administration. "Knowing that President-elect Trump likes to use the market as a scorecard for his success, one would expect that the administration will take a measured approach in policy rollout," says Mark Malek, CIO at Siebert, a financial services firm in New York, N.Y. "Increasing the deficit is not bad if the returns on that investment are acceptable. Growth, through careful, well thought out strategy, can indeed be really positive." Other market specialists say Wall Street is anticipating a market renaissance starting in 2025 – hopefully. To cash in on the positives and get out ahead of negatives, it’s important to act as soon as possible. Here are the stocks and sectors to buy, and to sell, before Trump’s second Inauguration Day. "The stock market has been red hot since Donald Trump's election," says Kevin Connor, founder and CEO of Modern SBC, a strategic business brand firm in Philadelphia, PA. "It's like a giant game of Jenga: everyone is adjusting their moves, anticipating what might collapse and what will collapse under the weight of his policies. For anyone who breathes economic trends, it's fascinating to watch." Connor believes the market has already shown its cards and is betting big on Trump. "The Dow rose, reflecting strong optimism about his promises to cut taxes, reduce regulations, and pour a mountain of money into infrastructure," he says. "But the problem is that campaign promises don’t always match reality. While there’s a lot of excitement, there’s also that cloud of “what if?” scenarios already in play." Stocks to Buy Energy Following his campaign script, Trump is betting everything on traditional energy sources like oil, gas, and coal. "Big energy companies are thrilled with the idea of reduced regulations and expanded drilling rights," Connor says. That could lead to big gains for sector companies like Enterprise Products Partners ( EPD ) and Riley Exploration Permian ( REPX ). EPD’s shares have risen 5% in the past five days, while REPX’s shares rose 3.9% in the same time period.FinanceA Trump administration appears favorable for the financial sector. "Trump has suggested he’s not a fan of Dodd-Frank, the legislation that tightened the rules for banks after the financial crisis," Connor notes. "If regulations are eased, big banks could see their profits rise significantly." That could be a boon to big bank stocks like JPMorgan Chase (JPM) and Bank of America (BAC). Both companies’ shares have risen 9% over the past 30 days. DefenseWith guarantees of larger defense budgets, defense contractors are looking at a boom time. "Companies like Lockheed Martin (LMT) ought to see their contracts grow," says Jason Hishmeh, a tech sector investor and CTO at Varyance and Get Startup Funding in New York, N.Y. Connor agrees with that sentiment, noting LMT should be in line "for a lot of new contracts." Cyber security companies should prosper as the GOP calls the shots in D.C. "This will be a large step forward in the virtual protection realm," Hishmeh says. Stocks To Sell On the downside, some industries may face an uphill climb in a Trump regime. These sectors lead that list. The Automobile Industry Malek says Trump's proposed 60% tariff on Chinese goods, along with Biden's existing 100% tariff on Chinese-made electric vehicles, would significantly impact the automobile industry, particularly electric vehicles (EVs) and their supply chains. "European manufacturers like BMW, Volkswagen, and Mercedes-Benz could also face renewed tariffs, adding strain to the sector as well as driving up the core goods CPI ," he says.Consumer ElectronicsMalek notes that a universal 10% tariff on imports, combined with existing Chinese tariffs, would increase costs for companies like Apple (AAPL), Microsoft (MSFT), and Tesla (TSLA), which uses Chinese-manufactured parts. "The consumer electronics industry, heavily reliant on imported components, would see production costs rise, potentially reducing profit margins," he says. "The reduced margins would be passed along to consumers causing core goods inflation."Technology CompaniesExpect the technology sector to feel the heat on some of Trump's policies, and one in particular. "If Trump’s immigration regulations tighten or exchange becomes more complicated, companies that rely upon those elements ought to struggle," Hishmeh says. "For example, startups that rely upon H-1B visas or worldwide delivery chains can also additionally want to reconsider their strategies."The Big PictureMuch depends on what President-elect Trump says and does while in office. "Markets, as we all know, can be temperamental, changing moods quickly," Malek says. "Just like with investing reactively, it can cause pain. If Trump is too reactive to daily market moves as he was during some passages of his first term, he and many others may get whipsawed." The economy still has several key burdens to bear, but Malek sees the economic clouds largely lifting. "Markets this time around are more fully valued than they were in the past, and inflation is a healing but still sore wound, and monetary policy is significantly tighter," he says. "The good news is that companies are in healthier shape for the most part, which may help keep equities on their secular positive trajectory, but it certainly will come with higher short-run volatility."Hopefully, Trump's sensitivity to the equity markets should result in a more measured approach to tariff policy. "The bond market, with its powerful vigilantes, has sent a clear warning message," Malek adds. "Trump only needs to look back to the Reagan era to see that those vigilantes can cause some upset." "Hopes are high, but unfortunately, hope is not a good investment strategy," he adds. This year, Nic Chahine's alerts delivered gains like 72% on VIX in 12 days, 50% on NVDA in 24 hours, and 33% on TLT in 20 days. Now, similar setups are forming. During Black Friday, access real-time alerts and trade guidance from Wall Street veterans for a fraction of the cost. Click here to access our limited-time offer now. Lockheed Martin via its Flickr page © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes officeLee Corso has become a staple of Saturday morning college football coverage through his decades-long career as an analyst for ESPN's "College GameDay." Corso is a beloved member of the "College GameDay" crew, but speculation surrounding his future with ESPN's flagship college football program has been swirling for quite some time now. Corso, 89, has not been confirmed to return for another season with the "College GameDay" crew in 2025. During a recent interview with sports media insider Jimmy Traina, ESPN president Burke Magnus discussed plans regarding Corso's future with the program. “I think we’re going to do what we’ve done now for a couple years running, which is we’re gonna have a conversation with him after the season and see where things are,” Magnus said. “You know, he’s a special guy," the ESPN boss continued. "I mean, he’s one of the nicest men you or any of your listeners or anybody on Earth could ever come across. And he’s been absolutely iconic on the show. So we’re going to get through the playoff this year, let everybody decompress, and then we’ll have some time to figure out what we’re going to do for next season.” On Saturday morning, Corso will join Kirk Herbstreit, Nick Saban, Pat McAfee, Desmond Howard and Rece Davis behind the "College GameDay" desk for the show's featured matchup between No. 5 Indiana and No. 2 Ohio State in Columbus. © Rich Janzaruk/Herald-Times / USA TODAY NETWORK via Imagn Images The "College GameDay" crew will be joined by special celebrity guest picker Justin Fields, a former Ohio State quarterback. As he does every week, Corso will make his iconic "headgear" pick before kickoff this top-5 college football matchup. After Saturday's "College GameDay" episode from Columbus, Corso and the crew have two more weeks of regular-season action. Indiana vs. Ohio State will kickoff at noon EST on Fox. Related: Kirk Herbstreit Reacts to ESPN's Decision Amid 'Big Noon Kickoff' Controversy
Unwrap the latest AI features with Amazon Fire TabletsUS goalkeeper Alyssa Naeher is retiring from international soccerDreama, MSDF celebrate Children’s Day with innovative artwork at HIA
(BPT) - Tech gifts are consistently some of the most popular presents to give and receive during the holidays. In fact, according to the annual Consumer Technology Holiday Purchase Patterns report , a record 233 million U.S. adults (89%) will buy tech products during the 2024 holiday season. But with so many devices out there, it can be hard to decide on the perfect option for the loved one on your list. A tablet like the new Fire HD 8 from Amazon offers the versatility of an all-in-one device, with access to streaming, gaming, video chatting, reading or writing all at your fingertips. Fire HD 8 also features a vibrant 8-inch HD display and lightweight, portable design, for high-quality entertainment on the go. Plus, Fire HD 8 comes with three new AI features that can help you get the most out of your tablet experience. Check them out below and learn how they can help you with daily tasks this holiday season and beyond. 1. Meet your personal writing assistant Do you struggle with writing a heartfelt message or finessing a tricky email? Fear not! Writing Assist is here to help. Writing Assist works as part of your Fire tablet's device keyboard and compatible apps, including email, Word documents and social media. In just a few taps, you can transform your writing from good to great. Try Writing Assist's pre-set styles to turn a simple email into a professionally written note. Or, you can ask Writing Assist for grammar suggestions to make your writing more concise, or elaborate on your ideas. You can even "emojify" your writing to add more fun and personality. 2. Learn more in less time Say goodbye to scrolling through pages of information. The new Webpage Summaries feature allows you to learn pertinent information as quickly as possible. Available on the Silk browser on Fire tablets, Webpage Summaries provides quick insights on web articles. In a matter of seconds, this feature will distill the key points in an article or on a webpage into a clear, concise summary of what you need to know. 3. Get creative with your device wallpaper With Wallpaper Creator, you can easily add a touch of creative flair and customization to your tablet's home screen. You can choose from one of the curated prompts to get started on creating a unique background. Or, if you're ready to let your imagination run wild, type a description of what you'd like to see. For example, you can ask for an image of a tiger swimming underwater or a watercolor-style image of a desert landscape in space. Wallpaper Creator will then turn your vision into a reality, delivering a high-resolution image that you can use as your tablet's wallpaper. Celebrate an AI-powered holiday season Writing Assist, Webpage Summaries, and Wallpaper Creator are now available on Amazon's new Fire HD 8 and other compatible Fire tablet devices, including the latest Fire HD 10 and Fire Max 11 tablets. To learn more, or to order a new Fire tablet this gift-giving season, visit Amazon.com .
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Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes officeThe funds, equivalent to US$50,000 per constituency, were announced by Speaker of the National Assembly Jacob Mudenda in September this year. Despite the announcement, MPs have not received the funds, prompting Marondera Central MP Caston Matewu (CCC) to raise a point of privilege in Parliament. Matewu expressed frustration that the funds had not been disbursed, citing the challenges posed by the instability of the local currency. Cumulatively, US$50,000 allocated to each of the 210 constituencies totals US$10,500,000. MPs were urged to submit their development project proposals for funding consideration. But they have not received the funds since 2022. The CDF allocation is meant to support development projects in constituencies across the country. However, parliamentarians have been advocating for the funds to be disbursed in US dollars, citing the challenges posed by the local currency’s instability. “It is unfortunate the Minister of Finance is not here. This august House last received the Constituency Development Fund (CDF) in 2022. This is now 2024 and we are going into 2025; it will be three years. “Year on year appropriating the Constituency Development Fund and it is not coming to the Hon. Members of this august House,” Matewu stated during parliamentary session on Thursday. “I want to implore through you that the Minister releases our Constituency Development Fund so that we can be confident. If we are to pass this Budget again with CDF, surely this time will come to the Hon. Members constituencies which to the public we have already received. “The announcement that was made went viral even on ZBC saying we got the 50 000 and many in our constituencies are being harassed by citizens saying, where is this 50 000 that was said by Parliament that we have been appropriated? “Through your office, can you please ensure that before we break off, the Minister of Finance pays us all our outstanding allowances so that as Hon. Members, we are able to expedite some of our expenses? “We are going into the festive season, can you please ensure that the Minister pays all of us all our outstanding allowances?” The Deputy Speaker of Parliament promised to relay the message to the Minister of Finance. The Zimbabwean government is facing massive financial constraints. It is struggling to pay civil servants and contain the El Nino-induced drought.
(BPT) - Tech gifts are consistently some of the most popular presents to give and receive during the holidays. In fact, according to the annual Consumer Technology Holiday Purchase Patterns report , a record 233 million U.S. adults (89%) will buy tech products during the 2024 holiday season. But with so many devices out there, it can be hard to decide on the perfect option for the loved one on your list. A tablet like the new Fire HD 8 from Amazon offers the versatility of an all-in-one device, with access to streaming, gaming, video chatting, reading or writing all at your fingertips. Fire HD 8 also features a vibrant 8-inch HD display and lightweight, portable design, for high-quality entertainment on the go. Plus, Fire HD 8 comes with three new AI features that can help you get the most out of your tablet experience. Check them out below and learn how they can help you with daily tasks this holiday season and beyond. 1. Meet your personal writing assistant Do you struggle with writing a heartfelt message or finessing a tricky email? Fear not! Writing Assist is here to help. Writing Assist works as part of your Fire tablet's device keyboard and compatible apps, including email, Word documents and social media. In just a few taps, you can transform your writing from good to great. Try Writing Assist's pre-set styles to turn a simple email into a professionally written note. Or, you can ask Writing Assist for grammar suggestions to make your writing more concise, or elaborate on your ideas. You can even "emojify" your writing to add more fun and personality. 2. Learn more in less time Say goodbye to scrolling through pages of information. The new Webpage Summaries feature allows you to learn pertinent information as quickly as possible. Available on the Silk browser on Fire tablets, Webpage Summaries provides quick insights on web articles. In a matter of seconds, this feature will distill the key points in an article or on a webpage into a clear, concise summary of what you need to know. 3. Get creative with your device wallpaper With Wallpaper Creator, you can easily add a touch of creative flair and customization to your tablet's home screen. You can choose from one of the curated prompts to get started on creating a unique background. Or, if you're ready to let your imagination run wild, type a description of what you'd like to see. For example, you can ask for an image of a tiger swimming underwater or a watercolor-style image of a desert landscape in space. Wallpaper Creator will then turn your vision into a reality, delivering a high-resolution image that you can use as your tablet's wallpaper. Celebrate an AI-powered holiday season Writing Assist, Webpage Summaries, and Wallpaper Creator are now available on Amazon's new Fire HD 8 and other compatible Fire tablet devices, including the latest Fire HD 10 and Fire Max 11 tablets. To learn more, or to order a new Fire tablet this gift-giving season, visit Amazon.com .Mumbai: In a major step into the murder probe of the Nationalist Congress Party (NCP) leader Baba Siddique, the Mumbai Police declared gangster Anmol Bishnoi a ‘wanted accused’ and slapped the draconian Maharashtra Control of Organised Crime Act (MCOCA) against 26 others involved in the killing, here on Saturday. Police officials said that while 26 accused including three sharp shooters have been arrested, they are on the lookout for three other fugitives including Anmol Bishnoi – the younger brother of jailed mafia leader Lawrence Bishnoi. “The provisions of the MCOCA, 1999, have been invoked in this (Siddique murder) case. The investigation is ongoing. As of now, 26 accused have been arrested, while three accused – Anmol Bishnoi, Shubham Rameshwar Lonkar, and Zishan Mohammad Akhtar — are wanted accused in the case,” police officials said on Saturday. Anmol Bishnoi, 26, who was holed up in the US, was detained last fortnight and later arrested by the local US law enforcers. He is currently cooling his heels in custody at the Pottawattamie County Jail in Iowa State. On October 12, Siddique (66), a senior NCP leader and ex-Congress Minister having close links with Bollywood and business circles, was shot dead outside his son Zeeshan Siddique’s office in Bandra East, at the height of the Dassehra Day celebrations, sparking a national political furore. Initially, the Nirmal Nagar Police Station registered an FIR on the incident, and subsequently, the Crime Branch-CID also entered the investigations given the political implications ahead of the just-concluded November 20 Maharashtra Assembly elections. Probing the case, the Mumbai Police have arrested 26 accused in an ongoing operation spread across several districts of the state and other states. The police had filed the case under BNS Sections 103(1), 109, 125, and 3(5), read with Sections 3, 5, 25, and 27 of the Arms Act and Sections 37 and 135 of the Maharashtra Police Act (MPA), and now additional charges under MCOCA. The police have so far seized five weapons and 64 bullets from the accused, who include three sharpshooters, assigned the task of eliminating Siddique or his son Zeeshan B. Siddique. Lawyers explained that confessions made before the police under MCOCA are admissible as evidence in the court and it is difficult to retract them or secure bail. Besides the Siddique killing, the Bishnois have also been allegedly involved in the multiple death threats to Bollywood legend Salim Khan and his actor son Salman Khan, besides a firing carried out at their Bandra home on April 14.
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With a changing of the guard at 1600 Pennsylvania Avenue, many are wondering how Trump will affect the stock market. Time will tell, but seeds are already being planted in Washington, D.C., that will reveal which sectors and stocks will prosper under a Trump administration. "Knowing that President-elect Trump likes to use the market as a scorecard for his success, one would expect that the administration will take a measured approach in policy rollout," says Mark Malek, CIO at Siebert, a financial services firm in New York, N.Y. "Increasing the deficit is not bad if the returns on that investment are acceptable. Growth, through careful, well thought out strategy, can indeed be really positive." Other market specialists say Wall Street is anticipating a market renaissance starting in 2025 – hopefully. To cash in on the positives and get out ahead of negatives, it’s important to act as soon as possible. Here are the stocks and sectors to buy, and to sell, before Trump’s second Inauguration Day. "The stock market has been red hot since Donald Trump's election," says Kevin Connor, founder and CEO of Modern SBC, a strategic business brand firm in Philadelphia, PA. "It's like a giant game of Jenga: everyone is adjusting their moves, anticipating what might collapse and what will collapse under the weight of his policies. For anyone who breathes economic trends, it's fascinating to watch." Connor believes the market has already shown its cards and is betting big on Trump. "The Dow rose, reflecting strong optimism about his promises to cut taxes, reduce regulations, and pour a mountain of money into infrastructure," he says. "But the problem is that campaign promises don’t always match reality. While there’s a lot of excitement, there’s also that cloud of “what if?” scenarios already in play." Stocks to Buy Energy Following his campaign script, Trump is betting everything on traditional energy sources like oil, gas, and coal. "Big energy companies are thrilled with the idea of reduced regulations and expanded drilling rights," Connor says. That could lead to big gains for sector companies like Enterprise Products Partners ( EPD ) and Riley Exploration Permian ( REPX ). EPD’s shares have risen 5% in the past five days, while REPX’s shares rose 3.9% in the same time period.FinanceA Trump administration appears favorable for the financial sector. "Trump has suggested he’s not a fan of Dodd-Frank, the legislation that tightened the rules for banks after the financial crisis," Connor notes. "If regulations are eased, big banks could see their profits rise significantly." That could be a boon to big bank stocks like JPMorgan Chase (JPM) and Bank of America (BAC). Both companies’ shares have risen 9% over the past 30 days. DefenseWith guarantees of larger defense budgets, defense contractors are looking at a boom time. "Companies like Lockheed Martin (LMT) ought to see their contracts grow," says Jason Hishmeh, a tech sector investor and CTO at Varyance and Get Startup Funding in New York, N.Y. Connor agrees with that sentiment, noting LMT should be in line "for a lot of new contracts." Cyber security companies should prosper as the GOP calls the shots in D.C. "This will be a large step forward in the virtual protection realm," Hishmeh says. Stocks To Sell On the downside, some industries may face an uphill climb in a Trump regime. These sectors lead that list. The Automobile Industry Malek says Trump's proposed 60% tariff on Chinese goods, along with Biden's existing 100% tariff on Chinese-made electric vehicles, would significantly impact the automobile industry, particularly electric vehicles (EVs) and their supply chains. "European manufacturers like BMW, Volkswagen, and Mercedes-Benz could also face renewed tariffs, adding strain to the sector as well as driving up the core goods CPI ," he says.Consumer ElectronicsMalek notes that a universal 10% tariff on imports, combined with existing Chinese tariffs, would increase costs for companies like Apple (AAPL), Microsoft (MSFT), and Tesla (TSLA), which uses Chinese-manufactured parts. "The consumer electronics industry, heavily reliant on imported components, would see production costs rise, potentially reducing profit margins," he says. "The reduced margins would be passed along to consumers causing core goods inflation."Technology CompaniesExpect the technology sector to feel the heat on some of Trump's policies, and one in particular. "If Trump’s immigration regulations tighten or exchange becomes more complicated, companies that rely upon those elements ought to struggle," Hishmeh says. "For example, startups that rely upon H-1B visas or worldwide delivery chains can also additionally want to reconsider their strategies."The Big PictureMuch depends on what President-elect Trump says and does while in office. "Markets, as we all know, can be temperamental, changing moods quickly," Malek says. "Just like with investing reactively, it can cause pain. If Trump is too reactive to daily market moves as he was during some passages of his first term, he and many others may get whipsawed." The economy still has several key burdens to bear, but Malek sees the economic clouds largely lifting. "Markets this time around are more fully valued than they were in the past, and inflation is a healing but still sore wound, and monetary policy is significantly tighter," he says. "The good news is that companies are in healthier shape for the most part, which may help keep equities on their secular positive trajectory, but it certainly will come with higher short-run volatility."Hopefully, Trump's sensitivity to the equity markets should result in a more measured approach to tariff policy. "The bond market, with its powerful vigilantes, has sent a clear warning message," Malek adds. "Trump only needs to look back to the Reagan era to see that those vigilantes can cause some upset." "Hopes are high, but unfortunately, hope is not a good investment strategy," he adds. This year, Nic Chahine's alerts delivered gains like 72% on VIX in 12 days, 50% on NVDA in 24 hours, and 33% on TLT in 20 days. Now, similar setups are forming. During Black Friday, access real-time alerts and trade guidance from Wall Street veterans for a fraction of the cost. Click here to access our limited-time offer now. Lockheed Martin via its Flickr page © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes officeLee Corso has become a staple of Saturday morning college football coverage through his decades-long career as an analyst for ESPN's "College GameDay." Corso is a beloved member of the "College GameDay" crew, but speculation surrounding his future with ESPN's flagship college football program has been swirling for quite some time now. Corso, 89, has not been confirmed to return for another season with the "College GameDay" crew in 2025. During a recent interview with sports media insider Jimmy Traina, ESPN president Burke Magnus discussed plans regarding Corso's future with the program. “I think we’re going to do what we’ve done now for a couple years running, which is we’re gonna have a conversation with him after the season and see where things are,” Magnus said. “You know, he’s a special guy," the ESPN boss continued. "I mean, he’s one of the nicest men you or any of your listeners or anybody on Earth could ever come across. And he’s been absolutely iconic on the show. So we’re going to get through the playoff this year, let everybody decompress, and then we’ll have some time to figure out what we’re going to do for next season.” On Saturday morning, Corso will join Kirk Herbstreit, Nick Saban, Pat McAfee, Desmond Howard and Rece Davis behind the "College GameDay" desk for the show's featured matchup between No. 5 Indiana and No. 2 Ohio State in Columbus. © Rich Janzaruk/Herald-Times / USA TODAY NETWORK via Imagn Images The "College GameDay" crew will be joined by special celebrity guest picker Justin Fields, a former Ohio State quarterback. As he does every week, Corso will make his iconic "headgear" pick before kickoff this top-5 college football matchup. After Saturday's "College GameDay" episode from Columbus, Corso and the crew have two more weeks of regular-season action. Indiana vs. Ohio State will kickoff at noon EST on Fox. Related: Kirk Herbstreit Reacts to ESPN's Decision Amid 'Big Noon Kickoff' Controversy
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