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TUESDAY, MAY 14, 2024
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Good Morning! On this date in 1804, Meriwether Lewis and William Clark set out with a 41-man crew to map a passable water route west from St. Louis to the Pacific Ocean. (See Expedition Timeline)
Here at The Flyover, we love our dogs. In honor of pampered pooches, we give you adorable images from the Westminster Dog Show. It’s a shame only one can win “Best in Show.”
If you haven’t subscribed to The Flyover yet, you can do that here with one click.
Check out the latest health tips and products from our sponsors today, NativePath.
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U.S. at Risk From Canadian Wildfires
Smoke from the more than 100 active wildfires burning in Canada has drifted across the border into the United States, prompting Minnesota to issue an air quality alert.
At least 90 fires are located in British Columbia and Alberta provinces, filling the skies over parts of Montana, the Dakotas, Minnesota, and Wisconsin with haze Monday morning.
The fast-moving blazes have engulfed more than 24,000 acres in western Canada. Authorities issued evacuation orders for thousands of residents in the Northern Rockies Regional Municipality and Fort Nelson First Nations in British Columbia. See video of the fires here.
Many of the wildfires have been labeled “out of control,” including one that started on Friday in British Columbia and has since spread to 4,200 acres, forcing the evacuation of the small town of Fort Nelson and the Fort Nelson Indian Reserve, officials said.
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Game Stop Stock Roars Again
Shares of GameStop soared as much as 110% Monday as the meme stock was halted eight times for volatility before noon and closed more than $30 per share higher, a 75% rise.
The run was triggered by a social media post from Keith Gill, better known as “Roaring Kitty.” Gill’s meme-stock exploits were popularized in the movie “Dumb Money,” which showed how he helped run Game Stop stock up to $347.51 per share.
Gill’s social media post on Sunday was his first in three years. It also boosted shares of AMC, which leaped 78%, and headphone maker Koss, which spiked 37%.
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Memorial Day Travel Nears Record Level
Memorial Day is shaping up to be the busiest travel weekend in 20 years, with 43.8 million vacationers expected to travel 50 miles or more, up 4% from last year. The record was 44 million travelers in 2005.
Road travelers alone are expected to hit a record 38.4 million, the highest number since AAA started tracking the number in 2000. Another 3.5 million will fly, and millions more will take buses, trains, or cruises.
To avoid the worst traffic, experts say to hit the road before 11 a.m. or after 7 or 8 p.m. on Thursday or Friday, and before 1 p.m. on Sunday. If you’re coming home on Memorial Day itself, best leave after 7 p.m. Here are more travel tips.
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➤ Michael Cohen, a former lawyer for former President Donald Trump, testified in Trump’s so-called hush money trial Monday, implicating him in plans to kill stories that threatened his 2016 campaign. (More)
➤ Conservative group One Nation will spend $70 million, double the amount invested last election cycle, on media campaigns aimed at vulnerable Democrats in the key battleground states of Ohio, Pennsylvania, Michigan, Wisconsin, and Nevada. (More)
➤ New Jersey Senator Bob Menendez’s federal corruption trial began with jury selection Monday. The Democrat is accused of accepting bribes of gold and cash in exchange for his political influence. (More)
➤ Russian President Vladimir Putin unexpectedly removed Sergei Shoigu as Defense Minister, a position he’s had since 2012, in favor of Deputy Prime Minister Andrei Belousov, an economist with little military experience. (More)
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➤ The NFL selected the Kansas City Chiefs and the Baltimore Ravens to open the 2024 NFL season on September 5th. It will be a rematch of January’s AFC title game won by the Chiefs, 17-10. (See Full NFL Schedule Here)
➤ The Connecticut Sun announced Monday that its WNBA home opener against the Indiana Fever, featuring rookie sensation Caitlin Clark, has sold out. It’s the Sun’s first home opener sellout since 2003. (More)
➤ NASCAR announced Monday it will introduce a five-race in-season tournament starting in 2025, giving the top 32 drivers a chance to compete for a $1 million prize. (More)
➤ The Cardinals’ Matt Carpenter snapped his bat in half before making contact with the ball Sunday, leaving the St. Louis DH with the handle in his hands. (See Video)
➤ Yesterday’s results: MLB | NBA | WNBA | NHL
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Daily Market Report 05/13/2024
▲ |
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations |
16,388.24 |
+0.29%
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SPX S&P 500 |
5,221.42 |
-0.02%
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DJI Dow Jones Industrial Average |
39,431.51 |
-0.21%
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BTC Bitcoin |
$63,130.89 |
+2.74%
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GOLD Per Ounce |
$2,341.60 |
-1.09%
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SRG Seritage Growth Properties |
$6.78 |
-27.25%
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➤ Big Stock Move: Seritage Growth Properties fell 27% Monday after the company reported a loss for the first quarter. (More)
➤ Squarespace, a website-building platform, agreed to a $6.9 billion all-cash deal with private equity firm Permira to go private Monday, ending three turbulent years on the public market. (More)
➤ France secured more than $5 billion in investment pledges from tech giants Microsoft and Amazon last weekend as the country looks to improve its technology industry and infrastructure. (More)
➤ Victorinox, maker of the iconic Swiss Army Knife, announced the company will develop a new line of bladeless pocket tools to counter laws prohibiting people from carrying knives. (More)
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➤ Rhode Island doctors restored a 21-year-old woman’s voice with advanced voice-cloning technology, giving her a synthetic, yet real-sounding, AI voice she can control through her cellphone. (Hear Her Voice)
➤ A self-proclaimed “aurora hunter” from Finland drove 600 miles to the eastern coast of Sweden and captured a rare display of red Northern Lights. (See Video)
➤ An American Museum of Natural History curator was detained in Istanbul Monday for allegedly attempting to smuggle 1,500 spider and scorpion samples out of Turkey. (More)
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➤ A new ranking by Historic Hotels Worldwide lists the top 25 hotels featuring the most magnificent gardens, ranging from medieval Irish gardens to Mexican haciendas. (See Photos)
➤ A second-grade teacher who didn’t get her first passport until she was 23 joined the rarified ranks of people who’ve visited all 193 countries in the world after a trip to Syria. (See Her Story)
➤ U.S. airlines are suing to block a new federal rule requiring greater transparency over “hidden fees” they charge passengers. The airlines argue that more information will confuse consumers. (See Travel Tips)
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➤ A tourist hiking near Volcán de Fuego, an active volcano in Guatemala, captured footage of lightning striking the volcano’s top, illuminating the dark smoke with a brilliant orange hue. (See Video)
➤ The Skydive Ramblers, an all-women Australian skydiving team, set a new world record for formation skydiving this month by linking into a 24-person formation during free-fall. (See Video)
➤ A Colorado woman’s attempt to steal a pickup truck— shortly after she was released from jail on a car theft charge—was thwarted by her inability to drive a stick shift, Boulder police say. (More)
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Have you ever seen the Northern Lights?
- Yes
- No
Are you curious what Flyover readers think? Hit reply and give us poll question you’d like us to ask.
Monday’s Results:
What is the best workplace comedy TV series?
- Public Speaking: 33.3%
- Self-Doubt: 20.7%
- Fear of Failure: 16.8%
- Pride: 13.7%
- Admitting You Were Wrong: 9.5%
- Other: 5.9%
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Daily Quote
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“Short sellers may be in for a bumpy and bloody ride in these stocks.”
— Ihor Dusaniwsky, managing director of S3 Partners, on short sellers betting against Game Stop and other meme stocks.
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