The Mysterious VC Firm Behind Nvidia's Secret Weapon

In 1999, Sutter Hill Ventures made a bold bet on Nvidia before anyone had heard of it. Now, they're going all-in on Nvidia's hush-hush partner that's powering their new Blackwell chip. Discover the little-known company that's attracting massive investments from the visionaries behind Nvidia's 100,000% rise.

JD Vance, Tim Walz Debate Sets A Different Tone, Candidates Discuss Israel-Iran Escalation, Immigration And Economic Agendas: 'If Kamala Harris Has Such Great Plans …'

Ananya Gairola
October 01, 2024

On Tuesday, Republican Sen. JD Vance (R-Ohio.) and Minnesota Governor Tim Walz (D) faced off in the only vice-presidential debate of the 2024 election cycle, in New York City.

The 90-minute debate was moderated by CBS News anchors Norah O’Donnell and Margaret Brennan.

This debate followed the presidential debate last month where Democratic nominee Kamala Harris was declared the winner against Donald Trump — a stark contrast to the previous matchup that led to President Joe Biden’s exit from the race.

What Happened: The debate jumped right into the ongoing Middle East crisis. The candidates were asked if they would support a pre-emptive strike on Iran by Israel. The backdrop of the debate was set on Tuesday when Iran fired nearly 200 missiles at Israel.

The Two Candidates Shook Hands

The debate began shortly after 9 p.m., with Walz stepping out first, followed by Vance. After a handshake, Vance took his position at the lectern, and both candidates started jotting down notes on the provided pen and paper.

Middle-East Crisis

The Minnesota Governor responded to the first question about supporting a potential Israeli preemptive strike on Iran by reaffirming his strong backing for Israel.

He spoke about the importance of Israel’s right to self-defense following the Hamas attack on Oct. 7.

He then quickly shifted to criticize Trump’s foreign policy, citing concerns from the former President’s own national security advisers who warned of the dangers of him being in charge.

"When our allies see Donald Trump turn towards Vladimir Putin, turn towards North Korea, when we start to see that type of fickleness about holding the coalitions together — we will stay committed," Walz said.

Vance started off giving an introduction of himself, speaking about having a blue-collar upbringing.

He then said that Trump actually delivered stability to the world by establishing effective deterrence, people were afraid of stepping out of the line.

"It is up to Israel what they think they need to do to keep their country safe and we should support our allies wherever they are when they are fighting the bad guys," he said in response to the question.

Hurricane Helene And Climate Change

When asked about the Trump administration’s role in addressing climate change, Vance said that he and the former president prioritize “clean air and clean water.”

"Donald Trump and I support clean air and clean water," he said, and then added, "One of the things that I have noticed some of our Democratic friends talking a lot about is a concern about carbon emissions. This idea that carbon emissions drive all the climate change."

"If you believe that what would you want to do: the answer is you wanna restore as much as American manufacturing as possible and you'd want to produce as much energy as possible in the United States of America because we are the cleanest economy in the entire world."

He said Kamala Harris' policies have led to more energy production in China, more manufacturing overseas, and more doing business in some of the dirtiest parts of the world.

Walz targeted Trump saying that the former President once called climate change a hoax and joked that these things would make more beachfront properties to invest in.

The Minnesota Governor said that the current administration has been taking steps to mitigate the effects of climate change.

"To call it a hoax and to take the oil company executives to Mar-a-Lago, say, give me money from my campaign and I’ll let you do whatever you want, we can be smarter about that and an all-above energy policy is exactly what she’s doing, creating those jobs right here," he said.

See Also: Trump Says He Spoke With Elon Musk For Starlink Deployment To Aid Hurricane Helene Affected Areas, But White House Says It Was One Step Ahead: ‘This Is Already Happening’

Immigration And Fact Check

Vance was asked about the Trump-Vance campaign's plan to carry out the largest deportation in the history of the U.S.

"She promised to undo all of Trump's immigration policies," said Vance about Harris and then touched on fentanyl and opiod crisis affecting the U.S.

He stressed on bring back Trump's immigration policies and rebuilding the wall.

"You make it harder for illegal immigrants to undercut the wages of American workers," said Vance on the impact of mass migration in to the country.

"The real family separation policy is unfortunately Kamala Harris' wide-open southern border," said Vance.

Walz responded by saying that opioid crisis was an issue but chose not to respond to Vance's assertion that children were being used as drug mules.

"Most of us want to solve this," said Walz. He singled out Harris' record in California for prosecuting transnational criminals.

"Donald Trump said, ‘No,'" said Walz. What would he talk about if legislation to tackle to immigration issue was passed. 

He touched on the failure of Trump to get the wall funded by Mexico, something that Trump had promised to do.

"We already have massive child separation," said Vance on the question of separating children from parents. "We have a record of illegal crossings," said Vance. He referred to the Vice President as the "Border Czar," a term often used by his campaign.

"We fix this issue with a bill that is necessary," said Walz in response to overwhelming support for mass deportations in the U.S. He accused his political opponents of vilification of the issue because they did not want to address it.

"Gross majority" of what needs to be done is just empowering law enforcement, said Vance on whether the immigration issue needed legislation.

Vance mentioned Springfield, Ohio, a city in his home state that recently became a focal point of immigration discussions. Trump falsely claimed last month that Haitian immigrants in the town were eating pet animals.

Vance challenged the CBS host's fact-checking that a large number of Haitian immigrants in the city had legal status. However, his mike was cut while he was explaining the legal nitty-gritty around the status of these immigrants.

Economy And Common Sense

On the economy, Walz commended the Democratic administration for efforts to lower the cost of essentials, such as prescription drugs.

He highlighted the law passed two years ago, capping insulin prices at $35 per month for millions of Medicare recipients.

However, the Minnesota Governor overstated the pre-legislation cost, incorrectly stating that insulin had cost Americans “$800” before the law took effect.

CBS cited the Wharton School's analysis of the Trump plan and said it would increase the nation's debt by $5.8 trillion.

In response, Vance said that you will hear a lot of things from Walz about what Harris would do, and it sounds all good but you won't hear is that she has already done it.

"She's been the Vice President for three and a half years, she had the opportunity to enact all of these great policies and what she has actually done instead is drive the cost of food higher by 25%, drive the cost of housing higher by about 60%."

"If Kamala Harris has such great plans for how to address middle-class problems, then she ought to do them now, not when asking for a promotion, but in the job the American people gave her three and a half years ago."

"Now, Donald Trump's economic plan is not just a plan but it's also a record. A lot of those same economics that attacked Donald Trump's plan and they have Phds but they don't have common sense and they don't have wisdom," said Vance.

The Minnesota governor rebuffed Vance and Trump's campaign saying that they keep on targeting experts including economists, science, and national security folks.

“If you’re going to be president, you don’t have all the answers. Donald Trump believes he does,” he said. “My pro-tip is this: if you need heart surgery, listen to the people at the Mayo Clinic in Rochester, Minnesota, not Donald Trump.”

Walz then addressed teachers, nurses, truck drivers, and other Americans, questioning the fairness of their annual tax payments while Trump managed to avoid paying income taxes for 10 out of 15 years.

Photo: J.D. Vance and Tim Walz, via Shutterstock

Read Next:

  • Trump Vs Harris: This Candidate Skyrockets in Election Forecast, Poised To Secure Victory In Four Swing States

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

Continue Reading...

Popular

Walmart reaches settlement deal for shareholder lawsuits over its handling of opioids

NEW YORK (AP) — Walmart said Friday it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids.

Wall Street Slashes NVDA Holdings - Ad

The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.

Kamala Harris Blames Amber Thurman's Death On Georgia Abortion Law, Slams Trump For 'Cruel' Remarks

Vice President Kamala Harris on Saturday blamed Amber Thurman's death in Aug. 2022 on Georgia's abortion laws and accused former President Donald Trump of belittling her family's sorrow.

Musk offers voters $1 million to sign PAC petition backing the Constitution. Can that be legal?

, the billionaire founder of Tesla and Space X and owner of X who's gone all-in on Republican candidacy for the White House, has already committed at least . Now he's pledging to give away $1 million to voters for signing his political action committee's petition backing the Constitution.

Strange New Catalyst for Gold ($5,000 Possible?) - Ad

Many are wondering why so many countries are frantically buying gold right now. The truth is this is just the beginning of a much larger story. One that could send gold soaring to even bigger highs in the coming months. But the best way to cash in on gold's upside might surprise you. One firm says this $6 stock could be the best way to get started.

Apple's Week In Review: From Termining Self-Driving Car Permit To Setting iPhone Sales Records

The tech giant made headlines with its decision to abandon its self-driving car project, the revelation of a secret partnership with Chinese EV manufacturer BYD.

This Chipmaker Jumps Over 16% After Nvidia Rival Signs $750M Deal Under Biden's CHIPS And Science Act

The funding aims to support Wolfspeed's long-term growth and enhance domestic production of silicon carbide, a critical component for electric vehicles, AI data centers, and battery storage systems.

Shocking Footage from Bill Gates' $100 Billion AI Project - Ad

Jeff Brown flew to Wisconsin to witness Bill Gates' $100 billion AI project firsthand. What he uncovered will blow your mind!

Former NATO Chief Predicts 'Shutdown Of Oil' Amid Israel-Iran Conflict

Former NATO Chief Admiral James Stavridis says the growing conflict between Israel and Iran may lead to a disruption in the oil supply from the Middle East.

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

Quiet now! This governance token could be the sleeping giant of the crypto world... In the next bull market, this "DeFi 2.0" powerhouse might soar 10x... 50x... perhaps even 100x.

Walgreens to close 1,200 US stores in an attempt to steady operations at home

Walgreens plans to close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround its .

Elon: Tesla Is a Robotics Company Now - Ad

Elon Musk's new plan for Tesla's future has nothing to do with electric cars... TechRadar reports it "will blow your mind..." & McKinsey says it "will shape the coming decade." We recently got our hands on a video clip detailing this breakthrough.

Major Banks Suffer Data Breaches: How Safe Is Your Information?

Three of the leading U.S. banks have reported significant data breaches, compromising the personal and account information of hundreds of their customers.

Trump Slamming Harris With Increasingly Sharp And Personal Attacks

Former President Donald Trump has reportedly launched a series of personal attacks against Vice President Kamala Harris.

These Stocks Could Surge Despite the Current Downturn - Ad

The market may be down... But when Apple makes this announcement as soon as September 10... These three stocks could start to take off.

Meet California's Massive Hemp Farm Transforming Cannabis Flavors

Terpene Belt Farms in California is producing natural terpenes from hemp, revolutionizing cannabis flavors and expanding to new industries.

Silicon Valley Insider Reveals AI Retirement Playbook - Ad

Jeff Brown, who recommended Nvidia in 2016, is sharing his full blueprint to help you retire comfortably using AI investments. Follow his strategy for a secure financial future.

Single Stock Blueprint Available Now - Ad

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

Top 3 Consumer Stocks Which Could Rescue Your Portfolio This Quarter

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

Petitions for union representation doubled under Biden's presidency, first increase since 1970s

WASHINGTON (AP) — There has been a doubling of petitions by workers to have union representation during President Joe Biden's administration, according to figures released Tuesday by the National Labor Relations Board.

Wall St. Icon: Looming Financial Tsunami Will Wipe Out the 1% - Ad

Wall Street icon who forecasted Black Monday and dot-com crash says a new economic event will hit the American economy like a tsunami. It doesn't matter if you're blue collar, white collar, working, or retired. He says, "I am literally afraid for my family's future. I'm taking drastic steps to prepare for what I know will inevitably happen next."

The Nobel economics prize is being announced in Sweden

STOCKHOLM (AP) — The Royal Swedish Academy of Sciences is unveiling the winner — or winners — of the Memorial Prize in economics on Monday, wrapping up six days of awards announcements.

Trump Falls 3 Points Behind Harris In New Poll, Economic Worries Dominate Voter Concerns: Report

In the upcoming U.S. presidential election, Democratic Vice President Kamala Harris maintains a narrow lead over Republican Donald Trump, according to the latest Reuters/Ipsos poll.

Oil Prices Surge Due to Israel-Iran Conflict - Ad

Time is not on our side. Heightened tension in the Middle East has created a huge supply shock to the global oil industry. But I've found a new way to invest in oil right here in the US. It's not a stock, bond, or private company. It's securely located right in the heartland. And you can get in for under $15.

Robinhood Announces Futures Trading, Index Options Trading

Robinhood CEO Vlad Tenev announced the launch of futures trading and index options trading in a major expansion of the platform's offerings.

European Medicines Agency's Panel Supports Approval Of Novartis' Kisqali In Patients With Early-Breast Cancer

Novartis' Kisqali receives a positive recommendation from EMA's CHMP for adjuvant treatment of early breast cancer, showing a significant reduction in cancer recurrence in a Phase 3 trial. European Commission decision expected soon.

2024 -- The Real Election Year Surprise - Ad

In 2016, the October Election Surprise was Hillary Clinton's email scandal... In 2020, the October Election Surprise was the suppression of all the dirty material on Hunter Biden's "forgotten" laptop... Now, in 2024, we're forecasting an October Election Surprise that almost no one sees coming -- and this time it'll be way more devastating than anything you've seen before.

NYC officials envision turning Fifth Avenue into a grand boulevard

NEW YORK (AP) — Manhattan’s famed luxury store row Fifth Avenue is in line for a major makeover.

Must-See 20 Second Trading Demo - Ad

Larry Benedict's hedge fund went 20 years without a single losing year and was ranked in the top 1% in the entire world by Barron's.

Allstate Records $630M In Losses From Hurricane Helene, Other Insurers Report Significant Losses As Damage Mounts

Allstate reports $630 million in catastrophe losses related to Hurricane Helene alone. The company reports total estimated catastrophe losses of $889 million for September, more than twice the amount reported for the same month last year. 

Donald Trump offers tax breaks to US citizens overseas but no specifics

ATLANTA (AP) — Donald Trump is proposing to grant a key tax break to U.S. citizens living overseas, pitching the idea as an effort to court votes from potentially millions of Americans who could benefit.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

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