DOJ Sues Iowa, Jobless Claims Jump, and the Phonetic Alphabet of Whales

The Justice Department is suing the state of Iowa over its new illegal immigration law, along with the American Civil Liberties Union.
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Politics

Florida Rep. Cory Mills announced Thursday he was preparing impeachment articles against President Biden over his threat to halt aid to Israel, calling it a "quid pro quo" situation similar to the impeachment of former President Trump over his handling of Ukraine aid. (More)

➤ Judge Juan Merchan denied requests by former President Trump’s lawyers to narrow his gag order and for a mistrial after they said porn actress Stormy Daniels’ testimony was “not relevant.” (More 

House Speaker Mike Johnson objected to President Biden’s threat to withhold aid to Israel Wednesday, saying he hoped it was a “senior moment” causing Biden to renege on an aid package that passed last month. (More)  

Barron Trump, former President Trump’s youngest son, was named a Florida delegate for this year’s Republican National Convention, marking the 18-year-old’s debut into politics. (More)  

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The Flyover

Best Buy has a proven record of placing early bets on home-technology products that go on to dominate the market. For example: 

  • Ring - acquired by Amazon for $1.2B

  • Nest - acquired by Google for $3.2B 

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RYSE is poised to dominate the smart shades market (currently growing at 50% annually) and for a limited time you can still invest at just $1.50/share. Current shareholders have already seen their value increase 20% year-over-year, with strong upside remaining as they scale into retail. 

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Sports

Ippei Mizuhara, former interpreter for Los Angeles Dodgers superstar Shohei Ohtani, faces up to 33 years in prison after he pleaded guilty Wednesday to charges of bank fraud and submitting a false tax return. (More)  

➤ The Denver Nuggets' Nikola Jokic was selected as the NBA’s Most Valuable Player Wednesday. Jokic has won the award in three of the last four seasons. (More

➤ The ownership of the NHL team in Utah, formerly the Arizona Coyotes, has revealed its top 20 choices for the franchise’s new name to be voted on by fans. Among the choices are Frost, Mammoth, and Yeti. (More

➤ Former Washington Commanders owner Dan Snyder donated his 30,000 square foot, five-bedroom mansion to the American Cancer Society after failing to sell the $49 million property in Maryland. (See Photos)  

Yesterday's results: MLB | NBA | WNBA | NHL | PGA | LPGA  

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Finance

Trend LineMarket Report   05/09/2024

NASDAQ
Natl. Assoc. of Securities Dealers Automated Quotations
16,346.27
+0.27%
SPX
S&P 500
5,214.08
+0.51%
DJI
Dow Jones Industrial Average
39,387.76
+0.85%
BTC
Bitcoin
$63,347.9
+3.50%
GOLD
Per Ounce
$2,352.4
+1.30%
SiTime
SITM
$124.34    
+28.29%

➤ Big Stock Move: Semiconductor company SiTime shot up over 28% after market analysts upgraded the stock from a "Hold" to a "Buy" and projected a $130 price target. (More)

➤ Weekly jobless claims jumped to 231,000, the highest since last August, signaling that an otherwise robust labor market may be changing. (More)  

➤ The average rate on a 30-year mortgage fell to 7.09% from 7.22% last week, the first decline in weeks. The modest drop follows a five-week string of increases that pushed rates to their highest levels since November. (More

Sinclair, owner or operator of 185 TV stations in 86 markets, has hired an investment banking firm to help the broadcaster sell more than 30% of its holdings, according to a new report. (More

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The leading retailer in the distribution of Smart Home products has recently unveiled a new addition to its lineup, Smart Shades.

With only 10% of windows currently automated, Best Buy is placing its bet that RYSE is the next disruptor in the smart home industry, stocking their product in over 100 stores.

The power of Best Buy’s distribution led smart-home giants Ring and Nest to billion-dollar exits, and for a limited time, you can invest in RYSE’s vision of owning the billion-dollar Smart Shades industry. 

But hurry, their share price has already grown 20% since their last round!

Learn how to invest in RYSE.

Science & Technology

Neuralink revealed Wednesday that its brain implant malfunctioned in a 29-year-old recipient, leaving him unable to control his computer cursor with his mind. Modifications were made to the implant, and rapid improvements were reported. (More

➤ Scientists believe that the strings of rapid clicks made by sperm whales may make up a “phonetic alphabet” that the whales use to send words and phrases to each other. (See Video

 A new geological study suggests that a huge collision with the Earth 4.5 billion years ago triggered the movement of the tectonic plates, determining the shape of our continents. (More)  

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The Rotator

Feel Good Friday

➤ Two quick-thinking Michigan students saved the life of a P.E. teacher in cardiac arrest by performing CPR and restoring his heart with an AED machine after he collapsed in the gym. (See Photos)  

➤ An Oklahoma toddler missing for 15 hours, wandering around outdoors alone, was found by a family friend 15 minutes after he joined the search. (See Video)  

Car trouble left two North Dakota teens stranded on the way to prom until an officer stepped in and played chaperone, getting them to the venue in time for pictures. (See Photos)  

Et Cetera

 A Boeing 737-300 plane carrying 85 people skidded off a runway and caught fire in Senegal late Wednesday, injuring 10 people as passengers used emergency slides to escape the flames. (See Video

Models of Hyundai and Kias with anti-theft software issues make up six of the top 10 most frequently stolen cars in the U.S., replacing pickup trucks in the National Insurance Crime Bureau's updated list. (See List)  

➤ A new study by Harvard Medical School confirmed Ludwig van Beethoven had high levels of lead in his body, but it did not contribute to his death in 1827. (More

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Poll Position

Have Boeing’s recent troubles made you more cautious about air travel?

  1. Yes
  2. No

Are you curious what Flyover readers think? Write us a poll question you want Flyover readers to answer.


Tuesday's Results:

How do you feel about mowing the lawn?

  1. It's a chore: 65.3%
  2. Too pleasant to be a chore: 19%
  3. Other: 15.7%

Quote BoxDaily Quote

Quote

"If we have to stand alone, we will stand alone. If we need to, we will fight with our fingernails.” 

Israeli Prime Minister Benjamin Netanyahu’s response to Biden’s threat to withhold military aid. 

TriviaToday's Trivia

John Lloyd Wright, son of American architect Frank Lloyd Wright, invented which popular wooden toy?

Show me the answer

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