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Tuesday, October 29, 2024

Good Morning! On this day in 1998, John Glenn returned to space aboard the Space Shuttle Discovery at age 77, becoming the oldest person to fly in space.

Today we're covering a wide assortment of news, including the re-opening of the Biltmore Estate in Asheville, new prison sentry robots in Georgia, and a 1975 dime that cost someone $506,250.

We have a new sponsor today with Pacaso, check out their investment opportunities in today's edition.

Americans Hitting the Polls Early

With one last week to go before Election Day, over 45.5 million Americans have already cast their ballots either in person or via mail.

Democrats lead Republicans in early voting 42% to 40%, with the other 18% unknown, and early voters have favored in-person voting over mail-in ballots.

Fifty-three percent of early voters are women and 45% are men, and nearly half of all early voters were aged 65 or older. You can find your state's results here.

In 2020, a record number of Americans voted early. By election day that year more than 101,450,000 people had already voted.

Philadelphia DA Sues Musk to Halt $1M Payouts

Philadelphia District Attorney Larry Krasner is suing Elon Musk to halt his $1 million daily giveaways to Pennsylvania voters, funded by Musk's pro-Trump America PAC.

Krasner's lawsuit claims the Musk's lottery, which awards cash randomly to swing-state voters who support a constitutional petition, is an illegal attempt to influence the Nov. 5 presidential election.

Musk's giveaways have already awarded $1 million each to nine voters across key swing states, with more winners to be announced daily.

A court hearing on the matter is set for Friday, as Krasner seeks an injunction to stop further payments.

List: World's Most Valuable Media Brands

Google retained its title as the world's most valuable media brand for the fourth year in a row, with U.S. companies holding nine of the top ten spots on Brand Finance's annual list.

Traditional broadcasters such as Disney, Fox, and CBS have lost brand value and strength amid a consumer shift to online streaming and social media, with the most valuable brands now focused on user-generated or third-party content.

Google far outpaced other companies with a $333 billion valuation. TikTok was second with a $84 billion valuation. Instagram, No. 4, was the fastest-growing brand, increasing its value by 49% to $70 billion.

American companies largely dominated the top ten, except for Chinese brands WeChat, Tencent, and TikTok. You can see the complete rankings here.

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➤ Steve Bannon, former Trump administration strategist, will be released from a Connecticut prison today after completing a four-month sentence for contempt of Congress. (More)

➤ President Biden participated in early voting Monday, submitting his ballot near Wilmington, Delaware, where he spent the weekend, before returning to the White House. (More)

➤ NATO officials confirmed that North Korean troops have been deployed to Russia, operating in the Kursk border region where Ukrainian forces are also present. (More)

2 Zillow execs' new venture targets a $1.3T market

Spencer Rascoff co-founded Zillow. Austin Allison sold his company to Zillow for $125M. Now they've teamed up to co-found Pacaso and transform the $1.3T vacation home market – and it's an opportunity for investors.

Pacaso's already the leader in vacation home co-ownership. This revolutionary model lets users buy 1/8 to 1/2 of a luxury home rather than 100%. Having already earned $100M in adjusted gross profits across $1B+ in gross real estate transactions in roughly three years, it's clear their vision has legs. And with properties in 40 different markets across four countries, they're making vacation homes accessible worldwide.

Now, for the first time, you can join Pacaso as a shareholder and share in their growth. Add Pacaso to your portfolio while you have the chance.

➤The Los Angeles Dodgers beat the New York Yankees 4-2 Monday night, giving them a commanding 3-0 lead in the World Series. The Dodgers' Freddie Freeman hit a home run in his third consecutive World Series game, tying the record. (More)

➤The Pittsburgh Steelers moved into first place in the AFC North, beating the New York Giants 26-18 on Monday Night Football, with the Steelers' Calvin Austin III scoring two touchdowns. (See Highlights)

➤Miami climbed to No. 5 in the AP Top 25, its highest spot since 2017, while Notre Dame, BYU, and Texas A&M entered the top 10, with Washington State and Colorado joining the rankings at No. 22 and No. 23. (See Rankings)

➤ The New England Patriots traded pass rusher Joshua Uche, with 20.5 career sacks and two this season, to the Kansas City Chiefs for a 2026 sixth-round pick on Monday. (More)

➤ Yesterday's Results: NFL | MLB | NBA | NHL | MLS

Today's election section is brought to you by:

Election Countdown: 7 Days

Former President Trump and Vice President Harris are locked in a dead heat in the battleground state of Wisconsin, according to a new USA TODAY/Suffolk University poll. (More)

Washington authorities have determined that an "incendiary device" ignited a fire in a Vancouver, Washington, ballot box Monday, while another ballot box in Oregon also appeared to have been set on fire. (More)

Virginia on Monday asked the U.S. Supreme Court to intervene to allow the state to remove roughly 1,600 voters from its rolls that it believes are noncitizens. (More)

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Daily Market Report 10/28/2024

▲	NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations	18,567.19	0.26%
▲	SPX S&P 500	5,823.52	0.27%
▲	DJI Dow Jones Industrial Average	42,387.57	0.65%
▲	BTC Bitcoin	$69,462.57	2.26%
▲	GOLD Per Ounce	$2,755.00	0.51%
▲	DJTWW Trump Media & Technology Group	$35.50	+28.07%

➤ Big Stock Move: Trump Media shares surged 28% on Monday following former President Donald Trump's rally at Madison Square Garden on Sunday. (More)

➤ Ford stock fell 6% after the market closed Monday following the car company's report of a $1.2 billion loss in its electric vehicle business. (More)

➤ McDonald's put Quarter Pounders back on the menu after beef patties were ruled out as the cause of last week's outbreak of E. coli poisoning. The contamination has been linked to onions from a single supplier. (More)

➤ Harley-Davidson cut its full-year revenue forecast as inflation and a consumer boycott that spurred it to drop diversity, equity and inclusion (DEI) programs took a toll on its balance sheet. (More)

This Opportunity's Open to the Public for the First Time

Softbank invested in some of the world's most exciting companies - from Uber to Alibaba - before they went public. One of their recent investments is in a startup disrupting the vacation home market: Pacaso. And, for the first time ever, you can invest in Pacaso too.

Led by real estate all-stars Austin Allison and Spencer Rascoff (the co-founder of Zillow), Pacaso is the global leader in luxury vacation home ownership. Pacaso's co-ownership model lets users buy 1/8 to 1/2 of a luxury home rather than 100%.

With 75% of Americans wanting a vacation home, Pacaso is catching on fast. In just over three years, Pacaso has earned $100 million in adjusted gross profit.

Learn more about becoming a Pacaso shareholder in their growth round here.

^{This is a paid advertisement for Pacaso's Regulation A offering. Please read the offering circular at invest.pacaso.com.}

➤ ISS astronauts were told to prepare for a possible emergency evacuation due to 50 worrisome areas on the orbital outpost, including cracks and an oxygen leak present since 2019. (More)

➤ Georgia authorities are piloting six-foot autonomous Sentry robots with 360-degree cameras, night vision, and two-way audio for enhanced security at an adult detention center in Cobb County. (See Sentry)

➤ An amateur mathematician has discovered the largest known prime number, with 41 million digits—16 million more than the previous record—earning a $3,000 prize. (More)

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➤ The historic Biltmore Estate in Asheville, North Carolina, will reopen Nov. 2 after Hurricane Helene recovery, just in time for its famed holiday festivities. (More)

➤ Qatar Airways has released an AI-powered ad letting users insert their faces into glamorous scenes, aiming for personalization but sparking mixed reactions about authenticity. (Watch Video)

➤ America's surreal landscapes, like Antelope Canyon's fiery sandstone and Bonneville Salt Flats' vast reflective plain, reveal an otherworldly terrain few expect to find stateside. (See Landscapes)

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➤ NBA legend Dwyane Wade's long-awaited Miami Heat statue was unveiled, but fans quickly roasted the likeness, calling it unrecognizable, especially the face. (See Photos)

➤ A rare 1975 dime missing its San Francisco mint mark, hidden by an Ohio farm family for decades, has sold at auction for $506,250. (See Details)

➤ Border Collie Mal hilariously "scolded" her dad in a viral social media video for serving dinner too slowly. (Watch Video)

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