➤ Sources say President Joe Biden’s senior aides are discussing whether Biden should issue preemptive pardons to potential targets of legal action by President-elect Donald Trump. (See Details)

➤ The 2024 election for the U.S. House of Representatives finally concluded. In California’s 13th District, Democrat Adam Gray defeated incumbent GOP Rep. John Duarte by 187 votes in the last outstanding House race, leaving the Republicans with a five-seat majority. (More)

➤ Large drones as well as a possible fixed-wing aircraft have been reported in the skies over central New Jersey. The FAA has restricted drone traffic in the area while the FBI investigates. (More)

➤ President-elect Donald Trump named Peter Navarro as his  Senior Counselor for Trade and Manufacturing. Navarro spent four months in prison this year following a conviction for contempt of Congress related to the Jan. 6 investigation. (More)

Flying together with our sponsor

Final Day: Own this “unlisted” stock before its share price changes

When the team that created Zillow and grew it into a $16B real estate leader starts a new company, investors take note. That’s why top firms like SoftBank and Maveron already invested in Pacaso.

And you can join them as an investor before their share price changes tomorrow on account of 38% adjusted gross profit growth in their first-half earnings.

Pacaso’s streamlined digital marketplace offers fractional ownership of premier properties – completely revamping a $1.3T market.

This co-ownership approach maximizes demand by minimizing costs and worries. Look no further than their 1,500+ happy homeowners across 40 destinations – including the most recent addition, Paris – for proof.

With over $100M in gross profits in four years, they’re ready to bring this co-ownership model across the globe (and into your portfolio). But you’ll need to invest before tomorrow at midnight PST to secure the current share price.

➤ National Signing Day: The Oregon Ducks made the biggest move of the day when they flipped five-star cornerback Na’eem Offord from Ohio State, while South Carolina added the top junior college transfer in the nation, winning defensive lineman Zavion Harvey. (See full recap)

➤ The LPGA announced new policies requiring golfers to be born female or have transitioned to female before going through male puberty to compete in LPGA tournaments. The policies take effect next year. (See Details)

➤ The Jacksonville Jaguars have placed quarterback Trevor Lawrence on injured reserve after he suffered a concussion on a late hit by the Houston Texans. His season is likely over. (More)

➤ The NBA Cup bracket has been set with the completion of Group Play on Tuesday night. The first games of the tournament will be played on Dec. 10, beginning with the Orlando Magic vs. the Milwaukee Bucks at 7 PM ET. (See bracket)

➤ Yesterday’s results: NBA | NHL | NCAAM | NCAAW  

Experts say consumers are “wired” to overspend during the holidays because of an innate tendency to overspend, and offer tips on how to keep to a holiday budget. (See Tips)

The LED-laden “twinkling” Christmas tree has become the latest battleground for competing retailers selling artificial trees. (See Details)

The famous 1936 “Watkins Christmas Cookie” has stood the test of time for 88 years. Here’s how to make them. (See Recipe)

Flying together with our sponsor

The Ibuprofen Alternative You Need This Holiday Season

Tired of reaching for that bottle of ibuprofen during the busy holiday season? Scientists have discovered something remarkable in the pristine Antarctic waters – a unique form of omega-3 that’s giving people natural relief from aches and swelling. What’s better than the gift of comfort? This pure Antarctic supernutrient could be your holiday season game-changer for effective pain relief without side effects. (Learn More)

Daily Market Report   12/04/2024

➤ Big Stock Move:  GXO Logistics stock dropped 14% Wednesday on news that the company’s CEO, Malcolm Wilson, would retire next year. (More) 

➤ General Motors announced it would take a $5 billion write-down in the fourth quarter due to the poor performance of its Chinese joint ventures. (See Details)

➤ Meta wants to use nuclear power to run its U.S. data centers, requesting proposals from nuclear energy developers to build facilities that will add one to four gigawatts of capacity by the early 2030s. (More)

➤ Brian Schwalb, Washington D.C.’s attorney general, sued Amazon Wednesday for deliberately excluding two D.C. neighborhood zip codes for priority deliveries due to safety concerns. (More)

Flying together with our sponsor

The Bigger The Market, The Bigger the Profits

That’s why Ferrari is worth twice as much as Ford despite making just 1% of the cars Ford does each year. A similar story is playing out in real estate – and it’s an opportunity for investors.

Meet Pacaso. They’ve brought the world’s top luxury vacation homes to a streamlined digital marketplace, selling fractional shares to aspiring homeowners. By removing the barriers like cost and maintenance, Pacaso makes luxury more accessible than ever. And it’s been a tremendous success – earning over $100M in gross profits to date across 1,500+ happy owners.

➤ President-elect Donald Trump nominated Jared Isaacman on Wednesday to lead NASA. Isaacman, the billionaire CEO of Shift4, is a private astronaut who has led two spaceflights with Elon Musk’s SpaceX. (More)

➤ Some Roman-era Germanic warriors carried tiny spoons into battle. Scientists speculate the spoons may have been used to administer stimulants during combat. (More)

➤ A new study from the University of Illinois shows that teenagers are building emotional relationships with AI chatbots rather than using them for homework or other tasks. (More) 

➤ Four friends recreated a photo from their first vacation together in 1972, celebrating 50 years of friendship posing on the same promenade. (See Photo)

➤ Wedding trends have transformed dramatically in 90 years, from modest ceremonies with simple cakes and local venues to extravagant destination weddings. (See Photos)

➤ Denim became a symbol of American grit during wartime, transitioning from workwear to iconic utility clothing in the 1940s, as historical photos reveal its vital role. (See Pictures)

➤ Pet owners are sharing hilarious snapshots of their “unphotogenic” pets in their goofiest moments, with 105 pictures capturing these adorably silly animals. (See Photos)

➤ Eli Manning joked about Tom Brady’s smaller catch by comparing it to a photo of his bigger fish, sparking a fishing competition between the former NFL quarterbacks. (See Photos)

➤ Wild cockatoos in Sydney, Australia, are outsmarting locals by opening trash bins, even overcoming obstacles like heavy bricks, sparking a creative “war.” (Watch Video)

Flying together with our sponsor

➤ Whether it’s for the foodie, the thrill-seeker, or the one who has it all, save up to 70% on gifts they’ll love at Groupon!

Are matching family Christmas pajamas a good idea?

1. Yes
2. No

Yesterday’s Results:

Have you ever talked your way out of a speeding ticket?

1. Yes: 41.6%
2. No: 58.4%

Today’s Trivia

Which state officially ended Prohibition in 2021?

Show me the answer