Brazil's Potash Powerhouse?

Brazil relies on imports for over 95% of its potash--but a new $30M NYSE-A IPO could change that. This company's bold plan to produce potash locally could significantly reduce the price for potash, fueling Brazil's agriculture and bringing significant profit potential. The timing couldn't be better.

RFK Jr.'s Running Mate Nicole Shanahan Invested $19M In Failed Campaign

Bibhu Pattnaik
August 24, 2024

Nicole Shanahan invested a staggering $19 million of her own money into Robert F. Kennedy Jr.’s failed presidential campaign.

What Happened: Shanahan, Kennedy’s running mate, made a hefty contribution to their campaign. This included a $4 million donation to a pro-Kennedy super PAC. Kennedy is believed to have selected Shanahan as his running mate largely because of her ability to help finance the campaign.

Despite her financial support, Kennedy announced on Friday that he was suspending his campaign and endorsing former President Donald Trump.

In an interview on the “Impact Theory” podcast, Shanahan voiced her concerns about potentially drawing votes away from Trump.

Also Read: Kamala Harris And Donald Trump Clash Over Federal Reserve's Autonomy

“I did not put in tens of millions of dollars to be a spoiler candidate, I put in tens of millions of dollars to win to, to fix this country,” she said.

“There’s two options that we’re looking at and one is staying in, forming that new party, but we run the risk of a Kamala Harris and Walz presidency because we draw votes from Trump, or we draw somehow more votes from Trump,” added Shanahan in the interview.

Shanahan’s wealth, which includes a reported $1 billion from her divorce from former Alphabet co-founder Sergey Brin, enabled her to be one of the most significant self-funding candidates of the 2024 cycle, as noted by Bloomberg News.

Read Also:

Lawmakers Made Huge Investments This Year. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool

However, her substantial investment did not result in electoral success for Kennedy.

Why It Matters: The unsuccessful campaign, despite the massive financial backing, highlights the unpredictable nature of political campaigns and the potential risks involved in such large-scale investments.

Shanahan’s decision to support Kennedy’s campaign, and her subsequent concerns about drawing votes away from Trump, reflect the complex dynamics and strategic considerations involved in political funding.

The case also underscores the fact that financial backing, even when substantial, does not guarantee electoral success.

Read Next:

Kamala Harris Surges Ahead Of Trump In Key States, Young Americans Bank On Harris For Economic Revival

This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Image: Shutterstock

Continue Reading...

Popular

2 bodies are found in the landing gear of JetBlue plane at Florida airport

FORT LAUDERDALE, Fla. (AP) — Two bodies were found in the landing gear compartment of a JetBlue aircraft at a South Florida airport, authorities said.

Thailand's Cabinet approves a draft bill to legalize casinos to boost tourism and economy

BANGKOK (AP) — Cabinet approved on Monday a draft bill legalizing casinos with the aim of boosting tourism and a sluggish economy

Revealed: Buffett's $4.9 Billion Secret - Ad

Over the last decade, the "Oracle of Omaha" has quietly made an extra $4.9 billion using a low-risk strategy. Jim Fink has used the same strategy to deliver an 84.7% winning rate for his subscribers.

Macy's Shuts Down 66 Locations As Part Of New Chapter Strategy

Macy's revealed plans to close 66 stores as part of its "Bold New Chapter" strategy. The company aims to eliminate underperforming locations and focus on its successful stores.

The Trump company is not banning private foreign deals, a break with its first term policy

NEW YORK (AP) — The Trump family business released a voluntary ethics agreement Friday that marks a significant departure from Donald Trump's first term by allowing it to strike deals with private foreign companies.

Limited Time Offer -- Weiss' Gold Playbook - Ad

Do not miss the details about how to claim your piece of high-grade gold bullion -- minted exclusively for Weiss Members. The fact is that gold prices are now higher than ever before. It's critical you get all the critical facts BEFORE the Gold Bull Market Summit recording goes offline.

Tenable Holdings CEO Amit Yoran Dies at 54

Amit Yoran, the CEO and chairman of Tenable Holdings, died on Friday at age 54.

No more fact-checking for Meta. How will this change media -- and the pursuit of truth?

"Everyone is entitled to his own opinion, but not his own facts," the late New York Sen. Daniel Patrick Moynihan memorably wrote four decades ago.

Urgent: Buy This Before Bitcoin Hits $125,000 - Ad

Discover the $25 Bitcoin secret that could turn into a fortune soon. Historically, this secret investment soared by 6,865%, surpassing Bitcoin's own performance. This has nothing to do with buying Bitcoin or any Bitcoin ETFs... You can easily access this secret investment through your standard brokerage account.

Q4 Market Roller Coaster Reveals Retirement Planning Pitfalls

The roller coaster markets of the last quarter of 2024 hold some important lessons for how advisors should approach retirement planning with their clients.

Tanker hit by Houthi rebels that threatened a Red Sea oil spill has been salvaged

DUBAI, United Arab Emirates (AP) — An oil tanker that burned for weeks in the Red Sea after being attacked by and threatening a massive oil spill has been salvaged, a security firm said Friday.

Bill Gates Is Betting Big on This New Technology - Ad

Bill Gates is betting the house on a new tech bound to make investors millions. He says the potential uses for it are "almost limitless." And he believes it is so revolutionary that soon we'll see one in every home. This is tech's next megatrend.

Shortage leaves Dunkin' stores in Nebraska without any doughnuts

OMAHA, Neb. (AP) — Dunkin' dropped the “Donuts” from its brand name years ago. Now — at least across much of Nebraska — it doesn’t have doughnuts on the shelves either.

The $20 Stock Powering NVIDIA, TESLA, and Microsoft - Ad

The biggest AI firms in the world... All rely on this single company. And right now, you can get in for only $20 - but not for long.

Trump Organization Unveils Ethics Plan To Distance President-Elect Donald Trump From Operations

The Trump Organization announced an ethics plan that will see Donald Trump distancing himself from the company's day-to-day operations.

Flying taxis are on the horizon as aviation soars into a new frontier

SAN FRANCISCO (AP) — When he was still a boy making long, tedious trips between his school and his woodsy home in the mountains during the 1980s, JoeBen Bevirt began fantasizing about flying cars that could whisk him to his destination in a matter of minutes.

1 Thing You Must Do in 2025 - Ad

With a new year just beginning, I think every Weiss Member would be smart to do one thing to kick-start the year ...Claim a special bar of Weiss gold bullion. It's a simple investment anyone can access in their regular brokerage account with just a few clicks.

Why Is Accolade Stock Trading Over 100% On Tuesday?

Transcarent to acquire Accolade Inc. for $7.03 per share, combining AI-driven care solutions with personalized healthcare expertise. Deal closes Q2 2025.

Legendary Investor: Buy These "Trump Stocks" Now - Ad

Within the first week of Trump's election, several stocks exploded for double- and triple-digit gains. According to legendary investor Louis Navellier, this is just the beginning of what could be the best four-year period for stocks in U.S. history.

TikTok could be banned this month. Here's what users can do to prepare

TikTok has cemented itself as a quintessential entertainment app, offering everything from funny skits and makeup tutorials to social commentary and news.

Winning ticket sold for $1.22 billion lottery jackpot, Mega Million says

ATLANTA (AP) — One Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize, a winning ticket worth an estimated $1.22 billion was sold for the drawing Friday night.

Our No. 1 Way to Profit From Crypto Boom (Under $1) - Ad

Many of the world's best and richest investors are piling their money into the same trade: Bitcoin. Including legendary hedge-fund manager Paul Tudor Jones, entrepreneur Elon Musk, and venture capitalist Tim Draper. But that pales in comparison to another huge investor (worth more than all the world's billionaires combined) we believe is about to start piling into Bitcoin next. Click here for the full story.

Venezuelan President Nicolás Maduro is sworn in despite credible evidence of election loss

CARACAS, Venezuela (AP) — extended his over Venezuela until 2031 when he was sworn in Friday, despite credible evidence that his opponent won the latest election and following protests against his plan to serve a third six-year term.

China protests US sanctions for its alleged role in hacking, complains of foreign hacker attacks

BANGKOK (AP) — China has slammed a decision by the U.S. Treasury to company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure, while the Chinese cyber security agency complained Monday of attacks on Chinese networks.

Declassified: "Amazon Coin" Revealed - Ad

Starting January 20th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. Declassified video reveals "Amazon Coin" ahead of $27 trillion crypto revolution. One team of crypto experts have identified it as the most promising crypto of 2025.

Severe flood warning issued as the UK faces more weather disruptions

LONDON (AP) — Serious flooding swamped parts of England on Tuesday and snow forced three airports to close temporarily as combined to extend that has plagued the U.K. since the start of the year.

Greenland's leader says his people don't want to be Americans as Trump covets territory

COPENHAGEN, Denmark (AP) — Greenland's prime minister said Friday that the mineral-rich Arctic territory's people don't want to be Americans, but that he understands U.S. President-elect Donald Trump's given its strategic location and he's open to greater cooperation with Washington.

Wall Street's Secret AI Innovator - Ad

Wall Street is taking note of a Nasdaq-listed company transforming the $124 billion smart glass industry. With top customers like Boeing and Ferrari, a 59% revenue surge in 2023, and safety-enhancing products, this company could be the next big thing.

Philadelphia 76ers reportedly reverse course, won't build contentious $1.3B downtown stadium

PHILADELPHIA (AP) — The Philadelphia 76ers have decided not to build a $1.3 billion , a surprising move that comes just weeks after the team received approval for the controversial project from the city council.

Job Growth, Fed Jitters, And Rising Mortgage Rates: This Week In Economics

The week has been a rollercoaster ride for the U.S. economy. From a slowdown in private sector job growth to rising inflation concerns at the Federal Reserve, the economic landscape has been anything but predictable.

The $124B Smart Glass Disruptor - Ad

This Nasdaq-listed company is redefining the $124 billion smart glass market. From aircraft cabin shading systems to dimmable rooftops in vehicles to energy-efficient building glass, their technology supports global leaders like Boeing, Ferrari, and National Geographic. Their $38.3 million order backlog and several new multi-million dollar deals across four major sectors positions them as a market disruptor you can't ignore.

Top 3 Industrials Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

The 'Worst in Show' CES products put your data at risk and cause waste, privacy advocates say

LAS VEGAS (AP) — So much of the technology showcased at CES includes gadgets made to improve consumers' lives — whether by leveraging AI to make devices that help people become more efficient, by creating companions to cure loneliness or by providing tools that help people with mental and physical health.

The Most Disruptive Technology in Human History - Ad

A brand new technology is lining up to be more disruptive than the internet or even today's most advanced artificial intelligence. Those who prepare now could see massive stock gains. Those who don't could find themselves on the wrong side of history.

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

BANGKOK (AP) — U.S. President to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia.

Kentucky reaches $110 million deal with Kroger to settle its opioid lawsuit

Kentucky will receive $110 million to accusing one of the nation’s largest grocery chains of helping fuel , the state's attorney general said Thursday.

The High Roller of iGaming Stocks - Ad

Targeting high-margin players with 60% revenue growth and cutting-edge technology, this stock is a standout in iGaming. Opportunities like this are rare--Get the symbol here the crowd catches on.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service