🚀 Musk buying swing voter info

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Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. Tesla CEO Elon Musk has promoted a $47 referral bonus offered by his political action committee (PAC) for people who refer registered swing-state voters to a petition supporting free speech and the right to bear arms. The petition, which targets key states like Pennsylvania, Georgia, and Arizona, collects voters' personal contact information. Musk announced the initiative shortly after appearing with Donald Trump at a campaign rally. The PAC aims to gather contact details from 1 million voters in critical states for the upcoming election.

2. Hurricane Milton has rapidly intensified into a Category 5 storm and is expected to approach Florida’s west coast by Wednesday. Tampa Bay may face a storm surge of 8-12 feet, according to forecasters. Shares of Generac, a backup power generation company, surged over 7% due to increased demand for generators ahead of the storm. Meanwhile, insurance companies like Allstate, Travelers, and Chubb saw stock declines due to potential losses from Milton. The hurricane comes amidst warnings of an unusually active Atlantic hurricane season.

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4. Headlines

   1. Trump Media stock is up 15% in response to a rise in the polls following successful rallies this weekend.

   2. Sam’s Club is testing out locations where customers “digitally” collect items then physically pick them up at the exit like an e-commerce purchase in a push to move to 100% digital sales.

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Onwards and Upwards,

Liam Gill

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