Business
Trump Forced To Listen Silently To People Insulting Him As He Trades A Cocoon Of Adulation For Court
NEW YORK — He appears “selfish and self-serving,” according to one woman.
“The way he carries himself in public “leaves something to be desired,” observed another.
Another individual claimed that his “negative rhetoric and bias” are the most destructive.
Over the last week, Donald Trump has been forced to sit in a chilly New York courthouse and listen to a parade of possible jurors in his criminal hush money trial give their unvarnished opinions of him.
It’s been a striking difference for the former president and likely Republican nominee, who is used to spending his days in a cocoon of screaming crowds and frequent praise. Now a criminal defendant, Trump will spend the next few weeks exposed to severe constraints that limit his ability to control everything from what he can say to the temperature of the room.
“He’s the target of mockery. It is his nightmare. He is unable to control the script. He is unable to control the cinematography. He has no control over what others are saying about him. And the outcome may go in a way he does not desire,” said Tim O’Brien, a Trump biography and critic.
While Trump is occasionally confronted by protesters, he largely avoids criticism. After leaving the White House, Trump relocated to his Mar-a-Lago beachfront club in Palm Beach, Florida, where he is surrounded by devoted paid staff and dues-paying members who have paid tens of thousands of dollars to be near him.
Trump frequently visits his adjacent golf course, where he is “swarmed by people wanting to shake his hand, take pictures of him, and tell him how amazing he is,” according to Stephanie Grisham, a longtime adviser who parted with Trump following the Capitol storming on Jan. 6, 2021.
When he returns to Mar-a-Lago in the afternoon, members eating lunch on the patio frequently stand and applaud. He gets the same standing ovation at dinner, which frequently ends with Trump playing DJ on his iPad, blaring jams like “It’s a Man’s Man’s Man’s World” by James Brown.
Grisham, who spent extended amounts of time traveling with Trump and at Mar-a-Lago during his 2016 campaign and acting as White House press secretary, portrayed staff as perpetual cheerleaders who told Trump what he wanted to hear. To avert angry outbursts, they requested motorcade routes that bypassed protestors and left a stack of favorable press clips on the Oval Office’s Resolute Desk each morning.
AP – VOR News Image
Trump Forced To Listen Silently To People Insulting Him As He Trades A Cocoon Of Adulation For Court
Trump now faces a trial that could lead to felony convictions and prison time. And he’ll have to listen to more critics without the ability to respond verbally, which he enjoys doing.
Michael Cohen, his former lawyer and fixer, and Stormy Daniels, the porn actor who claims she had sex with Trump, are likely to testify at the trial. Both have criticized him in interviews, books, and on social media.
Trump campaign spokeswoman Karoline Leavitt stated that Trump demonstrated during his first week in court that “he will remain defiant in the face of this unprecedented political lawfare” and that “it is clear that his support from the American people will only grow as they watch Joe Biden, Alvin Bragg, and the Democrats putting on this bogus show trial six months before the election.”
New Yorkers who claimed they couldn’t view the issue objectively were excused during jury selection. However, one of the women who had the strongest opinions of him will be among those who decide his fate on 34 charges of fabricating business records.
“I don’t like his persona, or how he presents himself in public,” said the woman, who has resided in upper Manhattan for the past 15 years. The woman stated she disagreed with some of Trump’s policies, which she deemed “outrageous.”
“He just seems very selfish and self-serving, so I don’t really appreciate that in any public servant,” she added. She went on to say that while she doesn’t “know him as a person,” because of the way he “portrays himself in public, it just seems to me it is not my cup of tea.”
Trump’s legal team objected to her responses, but they had exhausted their legal options by the time she came up for selection.
Judge Juan Manuel Merchan has withheld the identities of prospective jurors due to safety concerns.
On Friday, one prospective juror, who claimed to have attended the 2017 Women’s March to oppose Trump’s inauguration, expressed concern about his influence on his base.
“I think his rhetoric at times enables people to feel as if they have permission to discriminate or act on their negative impulses,” she said, giving examples of people making homophobic or racist remarks. Nonetheless, she stated that she did not have strong feelings for the previous president and was unsure of his current policy beliefs.
AP – VOR News Image
Trump Forced To Listen Silently To People Insulting Him As He Trades A Cocoon Of Adulation For Court
Another individual said he grew up admiring the former president and business magnate’s real estate portfolio and fantasized of one day living in Trump Tower. However, he has grown to reject Trump’s “negative rhetoric and bias against people that he speaks about.”
At other times, lawyers read aloud social media messages by prospective jurors mocking Trump and celebrating his defeats.
The judge dismissed one prospective juror, an older white lady, after Trump’s legal team discovered years-old social media remarks describing Trump as a “racist, sexist” narcissist.
One of Trump’s attorneys described the posts as “vitriolic.”
“She harbors a deep hatred for him,” the lawyer, Susan Necheles, stated. “She said that ‘I wouldn’t believe Donald Trump if his tongue were notarized'” and that he was “anathema” to all she had ever learned about love.
When confronted with the posts within the courtroom, the juror stated that she understood why they might be relevant to the defense, but her opinions had shifted. “Election policies can get pretty spicy and Mr. Trump can get pretty spicy,” she went on to say.
Merchan, the judge, also dismissed a man who in 2017 made a Facebook post praising the legal defeat of one of Donald Trump’s policies. “Get him out and lock him up!” the message stated in part.
The court regulations compel Trump to be present throughout the trial. He cannot storm out of the courtroom, as he did in a recent slander suit. He is also prohibited by a gag order from criticizing any of the jurors, including on his Truth Social page.
Merchan has already chastised him for speaking aloud and gesticulating when one juror was answering questions.
“I will not tolerate any jurors being intimidated in this courtroom,” added Merchan, who had previously warned Trump that he might face jail time for disrupting proceedings in court.
Trump’s judgments in court were not all negative, with a startling proportion of possible jurors stating that they had no strong feelings about one of the world’s most well-known and polarizing figures.
Reauters – VOR News Image
Trump Forced To Listen Silently To People Insulting Him As He Trades A Cocoon Of Adulation For Court
In fact, the process appeared to yield more supporters than one might expect in a borough where President Joe Biden received 87% of the vote in 2020.
One potential juror, who spoke glowingly of Trump on Thursday, said he was “impressed” by Trump’s successful business career.
“I mean, he was our president, which is pretty extraordinary. He is a businessman in New York. He has built his own path, and he has made history in terms of where he began and where he has progressed,” said the man, who saw his own story similarly.
On Tuesday, another man expressed remorse that he couldn’t balance the trial with his profession.
“Your Honor, as much as I would love to serve for New York and one of our great presidents, I could not give up my job for six-plus weeks,” he told the crowd.
Many claimed to have read his book, “The Art of the Deal.”
Even the woman who opposed his demeanor but ended up on the jury recognized his attraction to voters.
“His public demeanor can sometimes be questionable. At the same time, I can connect to occasionally being unvarnished,” she remarked. “I’ve seen him speak to many individuals in America. I believe there is something to be said about that.
SOURCE – (AP)
Telsa second-quarter profit fell more than 40% from the previous year as the electric car business faced more EV competition from established automakers and a slowing in global EV sales growth.
The decline in income is a dramatic contrast to a corporation that developed to become the world’s most valuable automobile based on rising sales and profitability.
The findings highlight how Tesla, a pioneer in introducing electric vehicles to American drivers, is now facing more domestic and international competition. And as the EV market matures, customer interest in EVs has declined.
Tesla | Auto Guide
Tesla Stock Tumbles After Its Profit Plunged
Tesla (TSLA) shares plunged almost 12% on Wednesday morning, pushing down the broader market. Tesla’s stock was down roughly 1% this year through Tuesday’s close after plunging as much as 44% earlier in the year.
Tesla announced adjusted earnings of $1.8 billion in the quarter or 52 cents per share. Analysts expected 61 cents per share earnings, down from 91 cents the previous year. Its crucial profit margin fell substantially as a series of EV price cuts took its toll.
From April to June, the company had its second consecutive quarter of year-over-year sales decreases and its first consecutive quarter of dropping sales volume. Tesla’s only previous quarterly sales decline since going public occurred early in the pandemic when stay-at-home orders caused its plants to close.
Tesla did not provide a new sales target for the full year. However, it stated: “In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023.”
On the investor’s call following the announcement, Tesla CEO Elon Musk criticized the quality of EVs produced by other manufacturers, claiming that it was simply a short-term issue for Tesla and not a long-term one. He added that Tesla is still persuaded that the world is going towards fully electric transportation systems, not just for automobiles, planes, and ships.
Musk also stated that the business would provide more information on fully automated robotaxis in October rather than August as initially intended. The business calls its driver assistance feature “Full Self Driving,” but drivers must still be prepared to take control of the vehicle. According to the company’s earnings statement, Tesla still confronts regulatory and technical challenges before offering self-driving cars.
Musk stated that he still believes it is possible to reach by the end of this year and certainly by next year, but cautioned: “My predictions on this have been overly optimistic in the past.”
Tesla | Top Gear Image
Tesla Stock Tumbles After Its Profit Plunged
The company faces government probes into several of Musk’s boasts about Full Self-Driving capabilities. The company has also been the subject of a Department of Justice investigation, though it is unclear what the current situation is.
However, he disclosed that Tesla’s plans to build an assembly factory in Mexico had been placed on hold. The plans were disclosed more than a year ago, but Musk said they have been halted until after the presidential election due to Republican contender Donald Trump’s vow to impose taxes on Mexican-imported vehicles. Musk is a big Trump booster, having endorsed him and reportedly pledged tens of millions of dollars to the former president’s re-election campaign. Trump promised comparable duties on Mexican-made autos in 2019 but has yet to follow through.
SOURCE – CNN
(VOR News) – Over the Bitcoin course of the last twenty-four hours, the sum of money that has been liquidated in short positions for Bitcoin BTC +4.71% has increased to more than $34 million.
This is a significant increase from the previous state of affairs. The fact that Bitcoin, the digital asset with the highest market capitalisation, has broken beyond the barrier of $67,000 is the reason for this new development.
Nashville, Tennessee will host this year’s Bitcoin Conference.
According to the website of the conference, the former president of the United States is set to make an appearance on the Nakamoto Stage on July 27 at 2:00 p.m. Central Time for a session that will last thirty minutes.
This information is indicated on the website. Yesterday, on the final day of the conference, the session is scheduled to take place.
As a direct result of the increase in the price of bitcoin that took place during the course of the previous day, a total of holdings representing a value of 54 million dollars were sold off.
As a consequence of the increased volatility of the market, the cryptocurrency market as a whole went through liquidations that amounted to more than two hundred million dollars within the same time period. This is evidenced by the data that were provided by Coinglass.
The information that is provided by The Block’s Bitcoin Price Page reveals that the current value of Bitcoin is around $67,330 at the time that this article is being written and published.
This information is provided by The Block. Over the course of the past twenty-four hours, there has been an increase that is greater than five percent.
President Trump will invest in bitcoin by 2024.
Because of the keynote presentation that he will deliver at Bitcoin 2024, Donald Trump will create history by becoming the first candidate for the presidency of the United States of America to visit a conference of this kind that is sponsored by the industry.
This will be something that he will accomplish by attending Bitcoin 2024. In spite of the fact that there is a little amount of information available concerning the specifics of his discussion, the organisers have already claimed that it will be “historic.”
Throughout the course of his presidency, President Trump has adopted a variety of perspectives about a wide range of cryptocurrencies, including bitcoin and others from the same category.
He voiced his disapproval of cryptocurrencies on Twitter in July 2019, saying, “I am not a fan of bitcoin and other cryptocurrencies, which are not money and whose value is highly volatile and based on thin air.”
He was referring to the fact that certain cryptocurrencies are not money. His hatred for these cryptocurrencies has been made clear in his statements.
Specifically, he expressed his discontent with the bitcoin market.
Which was the subject of his expression. This viewpoint was reiterated by him in 2021, when he gave an interview to Fox Business in which he referred to the digital asset as a hoax and voiced his concern that it may compete with the United States dollar or other currencies. In addition, he expressed his concern that it could be used to compete with other currencies.
Nevertheless, throughout the course of the last six months, Trump has rebuilt himself as the “crypto president.” The fact that he chose Ohio Senator JD Vance, who is an investor in bitcoin, to be his vice presidential candidate lends credence to the notion that a Donald Trump presidency may be advantageous to cryptocurrencies.
This is an extra point of interest that is worth mentioning. Bitcoin is an investment that Vance has made.
During the course of the previous day, the dominance of Bitcoin increased slightly to 52.8%, as indicated by the data that were provided by Coingecko. On the other hand, the dominance of ether decreased slightly to 15.5%.
Indicative of the fact that Bitcoin’s dominance rose, both of these data are indicative of reality. After reaching its highest position, the GM 30 Index, which is comprised of a selection of the top 30 cryptocurrencies, witnessed a climb of 3.08% within the same time period, hitting 133.99.
This was after the index had reached its highest peak.
SOURCE: TBN
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(VOR News) – Sanstar shares made a quiet Dalal Street debut on Friday, which was less than market participants had anticipated as a consequence of their expectations.
However, the number of buyers rose significantly following the stock’s listing, suggesting that investors are interested in purchasing the company at reduced prices.
At Rs 109 per share, Sanstar shares were offered on the National Stock Exchange (NSE) at a premium of approximately 15%. The stock was listed on the Bombay Stock Exchange (BSE) at a premium of 12 percent over the issue price of Rs 95 per share.
Nevertheless, the stock attained a price of Rs 127.68, achieving a 20% upper circuit and bringing the cumulative profits to 34.4 percent over the price at which it was initially issued.
The majority of analysts continue to maintain a positive outlook on the company and suggest that investors remain invested in the stock for a period of time that varies from medium to long term.
On the other hand, there are some experts who suggest that investors record profits after achieving a respectable profit during the initial trading session.
A successful initial public offering (IPO) was achieved by Sanstar
The company’s shares are currently trading at Rs 109 per share, an increase of 15% from their issue price of Rs 95.
This performance is positive, according to Shivani Nyati, Head of Wealth at Swastika Investmart; however, it fails to satisfy the expectations that were established prior to the listing. The broader market volatility that ensued subsequent to the budget’s announcement was a contributing factor.
Sanstar has been listed, which is a fantastic development, despite the fact that it did not meet the initial hype.
The company’s future expansion is supported by the interest of investors and the company’s robust foundations. Investors have the option to maintain their stake at the issue price, according to her.
Sanstar’s initial public offering (IPO) had the potential to be subscribed between July 19 and July 23, as the business issued its shares at a price range of Rs 90-95 per share, with a lot size of 150 shares.
Sanstar’s follow-on offering yielded a total of Rs 510.15 crore in revenue. This offering comprises a wholly new share sale of up to 397.10 equity shares and an offer-for-sale of up to 1.19 crore equity shares.
Sanstar got a 15% premium because of demand.
Which contributed to the company’s successful launch on the bourses today. According to Prathamesh Masdekar, Research Analyst at StoxBox, Sanstar has established enduring relationships with its consumers and currently serves more than 525 customers, with 162 new customers joining during fiscal year 24.
“The company is committed to expanding its customer base by leveraging the relationships it has established with customers in India and around the world, while simultaneously actively seeking out opportunities to establish new relationships.
“”Because of this, we recommend to the market participants that they keep the shares for a period of time ranging from the medium to the long term,” according to him.
A total of 82.99 subscriptions were received from consumers worldwide for the Sanstar issue. The quota for qualified institutional vendors (QIBs) was satisfied 145.68 times during the auction.
A remarkable 136.50 percent of the quota that was designated for non-institutional investors was subscribed to. The portions that were specified for retail investors were only subject to requests for bids 24.23 times during the three-day bidding procedure.
Sanstar’s listing was lower than anticipated, despite the fact that markets were trending upward. Prashanth Tapse, Senior Vice President of Research at Mehta Equities, maintains that designated investors should record profits on the day of listing, despite the market’s optimistic outlook.
Compared to other listed peers, Sanstar’s valuations are a little higher.
Sanstar is a manufacturer in India that specialises in the manufacturing of plant-based products and ingredient solutions for industrial products, pet food, and food.
Pantomath Capital Advisors served as the exclusive book-running lead manager for Sanstar’s initial public offering (IPO), while Link Intime India served as the registrar.
According to Amit Goel, Co-Founder and Chief Global Strategist at Pace 360, the market volatility in the Indian markets resulted in Sanstar shares failing to meet pre-listing expectations. Sanstar shares were listed on the National Stock Exchange (NSE) at a price of Rs 109.
We strongly recommend that investors take profits in the near term following the completion of the listing. He continues, “It is advised that long-term investors maintain their positions in the company due to its strong fundamentals.”
SOURCE: BTN
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