Thursday, October 31, 2024

Politics

The Washington Post reported it had lost 250,000 subscribers—an increase from the previously reported 200,000—following its decision not to endorse Vice President Harris, resulting in a 10% decline in readership. (More

Authorities say evidence in the ballot box fires set in the Northwest point to the culprit being a balding man aged 30 to 40 with metalworking experience, partly based on the type of incendiary devices used, which were marked with the message “Free Gaza.” (More)  

 U.S. officials confirmed on Wednesday that they conducted military airstrikes in central Syria’s desert, killing as many as 35 militants from the Islamic State group. (More)  

The Flyover

Are investors sleeping on the smart home space?

Best Buy has a knack for picking the up-and-coming tech products that go on to dominate the market. Their early bets on household items like Ring (acquired by Amazon for $1.2B) and Nest (acquired by Google for $3.2B) have a proven record of paying off. 

Now Best Buy is lifting the curtain on their latest find, launching RYSE’s SmartShades in over 120 retail stores. RYSE has already hit $9M+ in lifetime revenue with over 40,000 units sold, and the numbers are rising (along with the window shades). 

RYSE shareholders have seen their value increase 40% year-over-year, with strong upside remaining as they scale into retail and high-volume B2B channels. 

Invest in RYSE at just $1.75/share before it becomes a household name. 

Sports

The Minnesota Vikings have acquired left tackle Cam Robinson in exchange for draft pick compensation. The Vikings starting left tackle, Christian Darrisaw, went down with a season-ending injury less than a week ago. (More)

The NBA 2024 rookie class is off to a historically bad start — this is the deepest any NBA season has gone without any rookie scoring at least 15 points in a game. (More)

➤ Speaking of poor performance, an NFL record-tying nine teams have lost at least six games in the first eight weeks of the season. (More)

Yesterday’s Results: MLB | NCAAF | NBA | NHL 

2024 Election Countdown
Today’s election section is brought to you by:

The Flyover

Election Countdown: 5 Days

CheckmarkOver 55 million voters have cast ballots in person or by mail during early voting. Party affiliations are often unknown, but reports so far show at least 11 million registered Democrats and 10 million registered Republicans participating. (More)  

CheckmarkA new poll of Gen Z voters revealed that nearly half admitted to lying about which candidates they voted for, more than double the 23% of all other registered voters who said they hid their choices. (More)  

CheckmarkA spreadsheet posted on the Colorado Secretary of State’s website revealed voting system passwords, prompting officials to change the passwords, review access logs, and inform the Cybersecurity and Infrastructure Security Agency. (More)  

Flying together with our sponsor   

The NEXT Trillion Dollar Company?  It just signed a deal to get its tech in Apple’s iPhone until 2040! Online commenters are debating if this brand-new company will be the 7th trillion dollar stock. Details on the controversy here.
Finance

Trend Line Daily Market Report   10/30/2024

NASDAQ
Natl. Assoc. of Securities Dealers Automated Quotations
18,607.93
-0.56%
SPX
S&P 500
5,813.67
-0.33%
DJI
Dow Jones Industrial Average
42,141.54
-0.22%
BTC
Bitcoin
$72,596.49
-0.17%
GOLD
Per Ounce
$2,798.30
1.08%
RDDT 
Reddit, Inc. 
$116.05
+41.97%

Big Stock Move: Reddit stock jumped 42% Wednesday after the social media platform posted a rare profit, reporting net income of $30 million for the third quarter vs. a loss of $7.4 million a year ago. (More

➤ The U.S. economy grew at a 2.8% pace in the third quarter, less than economists expected, propelled by strong consumer and federal spending. (See Details)

Super Micro stock plunged 30% after auditor Ernst & Young resigned the account over concerns about the company’s internal controls and accounting practices. (More)

Google’s third-quarter profit climbed 34% from a year ago and revenue rose 15%, powered by search engine ad growth. Its stock rose 5% on the news. (More)

Venture capitalists know how difficult it is to spot promising early investment opportunities, and the story of the Ring doorbell is the perfect example. Even the all-knowing Sharks from Shark Tank declined the offer to buy 10% of Ring for $700,000, and now the company has blown up (acquired by Amazon for $1B), all thanks to retail distribution. 

Next, let’s turn our attention to RYSE: the brand set to follow a similar trajectory. The founder pitched on Canada’s version of Shark Tank, Dragons’ Den, received two offers, and now their patented smart shades tech is currently sold in over 100 Best Buy stores. 

Here’s how you can follow the Dragons’ lead and become an early investor in RYSE.

Science & Technology

 Scientists accidentally discovered a well-preserved tadpole specimen, believed to be the oldest ever found, while searching for dinosaur fossils in Argentina. (See Images)  

NASA’s Voyager 1 spacecraft has switched to a backup radio transmitter that’s been inactive since 1981 to get around its deteriorating communications system. (More)  

➤ Alcohol consumption is more common among animals than previously thought, as many fruit-eating and nectar-sipping species naturally consume ethanol in their environments, a new study found. (More

Flying together with our sponsor

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The Rotator

Throwback Thursday

A Facebook page called “History Photos Sealed in Time” features a gallery of 50 fascinating vintage pictures, some going back over 100 years. (See Photos)

Vintage baby names from decades past have given parents new ideas for distinctive names for their children. The top 15 include Perry, Ida, Ira, Muriel, and Nell. (See List)

Whitney Houston’s 1987 pop hit “I Wanna Dance with Somebody” is the most played tune at weddings, based on a Spotify analysis. Abba’s 1976 global hit “Dancing Queen” was second. (More)

Flying together with our sponsor

➤ The cancer-fighting secret in this cereal used to be on every breakfast table in America…until it was abandoned for something more “convenient.” See it here.
Et Cetera

Body-cam footage captured the dramatic moment emergency responders in Ohio rescued a woman from a burning home, pulling her to safety through a small basement window. (See Video

➤ Des Moines, Iowa, will celebrate Halloween tonight for the first time since 1938, after weather concerns led officials to cancel the city’s traditional October 30 trick-or-treating, known as “Beggars’ Night.” (More)  

Beetlejuice Beetlejuice, Inside Out 2, and Deadpool & Wolverine are among this year’s blockbuster films influencing Halloween costume trends, according to Google Trends data. (See Chart)  

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Did you miss our donation opportunity yesterday? I checked our revenue numbers last night, and we’re in danger of missing our target for October. If you’ve ever wanted to help The Flyover cover its expenses, this is your chance. I would appreciate your support! – Cole, CEO

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Poll Position

What kinds of stories would you love to see more of in the Feel Good Friday section? 

  1. Heartwarming
  2. Animals 
  3. Heroes
  4. Resilience
  5. Families
  6. Community triumphs 


Yesterday’s Results:

How do you remove leaves? 

  1. Mulch them: 28.5%
  2. Rake and bag: 22.8%
  3. Leave them: 19.4%
  4. Hire a service: 16.6%
  5. No yard, no worries: 12.6%

Quote BoxDaily Quote

Quote

“How do you like my garbage truck? This truck is in honor of Kamala and Joe Biden.” 

—  Former President Donald Trump, sitting in a garbage truck and wearing an orange vest while referencing Joe Biden’s comment Wednesday that Trump supporters are “garbage.” 

TriviaToday’s Trivia

Who brought the Halloween tradition to the United States?

Show me the answer

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