Elko County gets state's first Acres for America conservation easement
Tesla Inc TSLA is the top stock pick in the automotive sector for 2025, Morgan Stanley analysts led by Adam Jonas said in a note covering electric vehicles (EVs). Tesla Top Stock Pick: Jonas’ note came ahead of Tesla hitting new all-time highs Wednesday. Jonas reiterated an Overweight rating on Tesla and raised the price target from $310 to $400. "Elon Musk's entry into the political sphere has expanded investor thinking around Tesla's fundamental outlook," Jonas said of Tesla CEO Elon Musk. Tesla stock rallied since the 2024 presidential election. The big question is whether the move is temporary or the start of more to come. "Will Tesla begin to play a greater role in the US renewable/autonomous industrial complex?" Jonas asks. Jonas said client conversation see enthusiasm for AI, data centers, renewable energy and robotics. The conversations acknowledge that it's important for the U.S. to be a leader in these sectors, Jonas added. "Based on our discussions, at least, Tesla is very frequently excluded from the potential paths of expression in a portfolio." Tesla's total addressable market outside of its core automotive market is likely to expand. It might not be included in financial models for the stock, Jonas said. Jonas said there could be risks on Tesla's autonomous vehicles and more items over time. But the close relationship between Musk and President-elect Donald Trump could prove key to unlocking value. Government and industrial partnerships could prove key for growth in EVs, autonomous vehicles and robotics, Jonas added. "Elon Musk's emergence from a political ‘outsider' to having a voice in potential policies may, at some level, accelerate Tesla's journey beyond autos." You may not be a billionaire like Elon Musk, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — check out five stocks flying under the radar that deserve your attention. Other Auto Picks: Outside of Tesla, Jonas and team see a "bumpy road" ahead for EVs and autonomous vehicles. "The US election result has extended the ‘ICE is Nice' trade for a bit longer but keep on the lookout for hidden value in the EV ecosystem into the 2H," Jonas said. Jonas upgraded General Motors GM from Underweight to Equal-Weight and raised the price target from $46 to $54. The analyst said smaller EV companies could be the most at risk with the new administration. Trump promised to end EV credits . "While Tesla may see share gain long term even with a less supportive EV regulatory backdrop, smaller scale EV start-ups Rivian and Lucid may see greater risks to production." Jonas has an Equal-Weight rating on Rivian Automotive RIVN and an Underweight rating on Lucid Group LCID . Rivian's valuation has the appropriate risk/reward for the balance between trying to achieve profitability and trying to get value out of its technology, the analyst added. Price Action : Tesla stock closed Wednesday 5.93% higher at $424.77, hitting new all-time highs of $424.88 during the trading session. Tesla stock is up 71% year-to-date in 2024. Read Next: Tesla Q3 Earnings Highlights: EPS Beat, Revenue Miss, Shares Climb On 2025 Timeline For Lower-Cost EVs Image created using artificial intelligence via Midjourney. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Article content One question emerging from the U.S. presidential election exit polls is the disconnect between Black men and women and Hispanic men and women. Recommended Videos Donald Trump received support from 21% of Black men and 7% of Black women, a disparity of 14 points. He got support from 54% of Hispanic men and 39% of Hispanic women, a disparity of 15 points. There was also a disparity in Trump’s support among white men and women, but much smaller — seven points. So why is Trump having far greater success among Black and Hispanic men than Black and Hispanic women? It’s clear the major issue that drove the vote in this election was the economy. A Gallup poll done in October showed the economy as the number one concern of voters. Per exit polling, 68% said the economy is “not good” or “poor” and 31% said it is “excellent” or “good.” Of the 68% saying the economy is not good/poor, 70% voted for Trump. Per a Gallup poll published last March, 27% of Black women under 60 said they are planning to start their own business in the next 12 months, compared to 14% of Hispanic women and 5% of white women. In the same survey, Gallup asked, “Would you be interested in starting a business if you had the resources?” Among Black women, 57% said yes; among Hispanic women, 55% said yes; among white women, 38% said yes; 51% of all U.S. men and 44% of all U.S. women said yes. The entrepreneurial aspirations of Black and Hispanic women are among the highest in the country. Per Gallup, “while just 13% of men under 60 say they lack the financial and/or nonfinancial resources to start a business, a third of women in this age group (33%) say the same.” Gallup continues that improving access of women to capital is important “when women-owned businesses still make up only 22% of employer businesses in the United States.” I think that these entrepreneurial-driven Black and Hispanic women should care a lot about a healthy and growing national economy. Nothing is more important for business success and raising capital. I would urge these women to listen to a recent interview with one of the country’s greatest entrepreneurs, Jeff Bezos, founder of Amazon, done at the New York Times DealBook Summit. Bezos has never been known as a conservative or among the backers of president-elect Donald Trump. He owns The Washington Post , which is a left-of-centre news outlet. However, in this interview, Bezos speaks positively about the election of Trump and specifically talks about the importance of deregulation in improving the economy. “He (Trump) seems to have a lot of energy around reducing regulation. ... If I can help him do that, I’m going to help him.” He also observes that the U.S. “has the best risk capital system in the world ... You can raise $50 million of seed capital to do something that only has a 10% chance of working.” Bezos discusses his own experience — starting from nothing and building a business in a world of new technology and becoming one of the wealthiest individuals in the world. He describes raising his first million dollars for Amazon by meeting with 60 venture capitalists, of whom 22 agreed to put up $50,000 each. Bezos emphasizes that the way out of our economic problems is economic growth. And here he stresses the importance of deregulation and gives a vote of confidence to Trump. So why, when there is such disproportionate entrepreneurial spirit among Black women, did only 7% support the candidate who one of the nation’s most successful and legendary entrepreneurs says will deliver the economy the country needs? Certainly, Black and Hispanic men are getting the message. It’s time for Black and Hispanic women to get it and focus less on identity politics and more on what experience tells us will work. — Star Parker is president of the Center for Urban Renewal and Education.Pawan Kalyan emerges a brand ambassador of BJP: Experts
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AMMAN — As inflation continues to reshape household budgets and strain the financial stability of Jordanian families, the debate over fair wages and their alignment with the rising cost of living has intensified as labour rights activists and advocates are now calling for a reevaluation of Jordan’s minimum wage policies. The Social Protection Observatory at Tamkeen has recently reignited the critical dialogue, urging a comprehensive review of minimum wage laws. The Observatory stressed that wage policies must not only reflect economic data but also address the daily struggles of the country’s workforce. In a statement to The Jordan Times, the Observatory highlighted that inflation rates in Jordan stood at 4.23 per cent in 2022, and 2.08 per cent in 2023, and are expected to reach 2 per cent in 2024. Based on these trends, the Observatory has recommended an 8 per cent cumulative wage increase, amounting to a JD20 raise, which would bring the minimum wage to JD280 starting in early 2025. The Observatory also said that relying solely on inflation rates is insufficient, calling for wages to be adjusted to reflect the actual cost of living, including essential expenses for food, housing, transportation, healthcare, and education. A position paper released by the Observatory, titled “Bare Minimum 2: The Minimum Wage in Jordan,” estimates the monthly living costs for a family of four at approximately JD1,843 (excluding rent), or JD520 per individual. Rental costs for a small apartment are typically between JD200 and JD300. The Observatory also stressed that establishing a fair minimum wage is a "fundamental policy tool" for ensuring a decent standard of living for workers. It also cited international practices, such as the “basket of goods” approach, which takes into account essential needs like housing, food, education, transportation, and healthcare when calculating minimum wages. The paper also questioned whether the current minimum wage of JD260—or even the proposed increase to JD280—would be sufficient to cover these necessities amid rising living costs. The study also called for the minimum wage to be aligned with international standards, recommending it be set at 55 per cent of the national average wage, which would amount to JD345. It also highlighted the economic and social benefits of higher wages, such as increased workforce participation by youth and women, stronger social security systems, and greater social stability. Ahmad Awad, founder and director of the Phenix Centre for Economic and Informatics Studies, said that the Jordan Labour Observatory at the Phenix Center has recommended increasing the minimum wage to JD345 per month in two phases. He stressed that the increase is crucial for improving workers' living standards and ensuring economic and social stability. Awad also pointed out that the current minimum wage of JD260, last adjusted in 2021, is inadequate in light of rising inflation. He also stressed that a fair minimum wage would boost social protection, increase purchasing power, drive local economic demand, and reduce poverty—without causing significant harm to employers or leading to job losses. Hanan Tawfiq, a retail worker in Amman, told The Jordan Times, “It is truly hard to make ends meet with only JD260 per month. Rent and basic groceries take up most of the salary. A slight raise would help, but it won’t solve the problem.” Mohammad Obeidat, a delivery driver, said, “Inflation is eating into our incomes. Now, if you have JD50 in your hand, it feels like nothing.” He added, “We do need incomes that reflect the true cost of living in Jordan.”
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This is at once a wise and wonderfully enjoyable book. Mark Lilla treats weighty matters with a light touch, in an elegant prose style that crackles with dry wit. Almost every one of the short sections into which the narrative is divided – and there is a narrative, cunningly sustained within what seems a relaxed discursiveness – takes careful aim and at the end hits the bullseye with a sure and satisfying aphoristic thwock. The central premise of the book is simply stated: "How is it that we are creatures who want to know and not to know?" Lilla, professor of humanities at Columbia University, New York, and the author of a handful of masterly studies of the terrain where political and intellectual sensibilities collide, is an acute observer of the vagaries of human behaviour and thought in general, and of our tendency to self-delusion in particular. He has a genius for the telling epigraph, of which there are many here, set like jewels throughout the text. The first of these, and the most emblematic, is taken from George Eliot's novel Daniel Deronda: "It is a common sentence that knowledge is power; but who hath duly considered or set forth the power of ignorance?" This latter form of power, he tells us, is the subject he means to address. His book is certainly timely. As he notes, there are certain epochs, and surely we are slap bang in the middle of one, when "evident truth" is cast aside in favour of all manner of imbecile imaginings. "Mesmerised crowds still follow preposterous prophets, irrational rumours trigger fanatical acts, and magical thinking crowds out common sense and expertise." There, encapsulated in a sentence, is the predicament we face in our present-day social and political lives. It is remarkable how many instances Lilla finds of the wriggly measures humans adopt in order not to look facts in the face At the outset he... John BanvilleHegseth meets with moderate Sen. Collins as he lobbies for key votes in the Senate
RapDev Named One of North America's Fastest-Growing Tech Companies on the 2024 Deloitte Technology Fast 500 ListFor the second year in a row, Baltimoreans will be able to listen to one of the defining songs of the holiday season — Mariah Carey’s “All I Want for Christmas is You” — from the queen of the season’s own mouth. Carey is scheduled to visit Baltimore’s CFG Bank Arena on Dec. 7 as part of her 20-city “Mariah Carey’s Christmas Time” tour. This visit follows not quite a year after her Dec. 15, 2023 concert, which was part of her “Merry Christmas One and All!” tour. This year’s concerts are being produced by LiveNation, according to a news release. They are described as being the singer’s “grandest holiday spectacle to date” in celebration of the 30th anniversary of her the record-shattering song. Since the single was released in 1994 as part of Carey’s “Merry Christmas” album, it has become such a ubiquitous staple of holiday music that it is difficult to imagine getting through December without hearing it at least once. The show will also feature other holiday classics by Carey, alongside fan-favorite chart-toppers, according to the news release. Carey is according to the Songwriters Hall of Fame, and has written or co-written 18 of her 19 number one songs on the Billboard Hot 100. Tickets cost between $51 and $862 including fees, and can be bought at ticketmaster.com.