Kamala Speaks, Jack Daniels Pulls Back, and a Giant Diamond

Vice President Kamala Harris accepted the Democratic nomination for president Thursday night, giving a roughly 40-minute speech promising to unite the nation while heavily criticizing former President Donald Trump.
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Politics

➤ The Supreme Court agreed to partially revive Arizona's law requiring proof of citizenship for voter registration on Thursday but blocked enforcement of a provision requiring proof in order to vote. (More

Independent presidential candidate Robert F. Kennedy Jr.'s overall support has declined, but he has more support among Republicans than Democrats, according to a new poll. (More)  

➤ The FBI has launched an investigation into whether maggots were deliberately placed in a delegation breakfast at the DNC, according to officials. No consumption of contaminated food was reported. (More)  

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Monogram (Nasdaq: MGRM), the Austin-based company known for its autonomous robotic surgical systems, completed a crowd-funded public offering and NASDAQ Listing last year. What’s next? They just filed for FDA approval to market and commercialize their patented AI joint replacement tech. By the year 2027, 50% of knee replacement surgeries will be robotic – up from 12% today. 

Monogram actually made history in the Lonestar State last year, successfully completing the first fully remote demonstration surgery between New York and Austin. Now, Monogram’s opened a unique opportunity for investors. They are selling preferred shares in their company. This isn’t the same stock trading on the Nasdaq. These shares feature:

  • Dividends: The preferred shares pay an 8% annual dividend (in cash or kind)

  • Warrants: Each preferred share comes with a warrant for future shares of common stock

  • Conversion: Preferred shares can be converted 1:1 into common shares

MGRM public shares closed as high as $3.32 within the past month, but these unlisted preferred shares are available for $2.25. Monogram currently plans to close the Series D Preferred offering on September 12, 2024. Learn more on their website.

* This is a paid advertisement for Monogram Technologies Series D Preferred Stock offering. A prospectus supplement and accompanying base prospectus have been filed with the SEC. Before making any investment, you are urged to read the prospectus supplement and accompanying base prospectus carefully for a more complete understanding of the issuer and the offering.

The securities offered by Monogram are highly speculative. Investing in these securities involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Investors must understand that such investment could be illiquid for an indefinite period of time. There is no existing public trading market for the Series D Preferred Stock. Monogram does not intend to apply for listing of the Series D Preferred Stock or the common stock purchase warrants on a national securities exchange or quoted on an over-the-counter market. 

DealMaker Securities LLC, a registered broker-dealer and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.

Sports

Veteran first baseman Joey Votto announced his retirement from baseball on Wednesday, ending a 17-year career that saw the former Cincinnati Reds star win an MVP award and make six All-Star teams. (More)

➤ The Denver Broncos have named rookie first-rounder Bo Nix as their starting quarterback for the upcoming NFL season. Nix completed 76% of his preseason passes, throwing zero interceptions. (More)

The Atlanta Falcons have signed AJ Terrell to a four-year $81 million contract, making him the second-highest-paid cornerback in NFL history. (More)

➤ Yesterday's Results: MLB | WNBA | PGA | LPGA | US OPEN | LLWS  

2024 Election Countdown
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The Flyover

Election Countdown: 74 Days

CheckmarkA new poll revealed that Senator Ted Cruz leads Rep. Colin Allred by 46.6% to 44.5% in the Senate race, while former President Trump is ahead with 49.5% to 44.6% over Vice President Harris in Texas' presidential matchup. (More)  

CheckmarkFormer Speaker Nancy Pelosi drew attention walking to the podium Wednesday night at the Democratic convention when something fluttered to the stage out of her pants leg. (See Video

CheckmarkDemocratic Senator John Hickenlooper announced on Wednesday that he will seek reelection only once and limit himself to two terms. (More)  

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Finance

Trend Line Daily Market Report   08/22/2024

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DJI
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40,712.78
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BTC
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GOLD
Per Ounce
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AAP
Advance Auto Parts
$51.10
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Big Stock Move: Advance Auto Parts stock dropped 17% Thursday on news that it missed expectations for the second quarter and lowered its guidance for the full year. (More

Brown-Forman Corp, the maker of Jack Daniel’s whiskey, said it would pull back on its diversity initiatives rather than face a boycott effort on social media. (More)

Monthly mortgage payments declined slightly in the past month for the first time in four years, following a modest decline in mortgage interest rates. (See Details)

Peloton announced Thursday that it will start charging new subscribers a one-time $95 activation fee if they bought their Peloton equipment on the second-hand used market. (More)

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 Did you know some credit cards can actually help you get out of debt faster? Yes, it sounds crazy. But it’s true. The secret: Find a card with a “0% intro APR" period for balance transfers. Then, transfer your debt balance and pay it down as much as possible during the intro period. No interest means you could pay off the debt faster. Check out the full list of cards you can use to do this here. 

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Elite investors often get special deals that aren’t available to the public. Take Warren Buffett, for example. When he invested $10B in Occidental Petroleum, he didn’t buy the publicly traded stock. He got preferred stock, paying an 8% dividend. 

While you won’t be investing alongside Warren Buffett, Texas-based Monogram is offering you preferred stock with an 8% dividend (in cash or shares of MGRM) that's convertible to its common stock.

Monogram’s common stock (MGRM) closed at $3.32 earlier this week, but the unlisted preferred stock (which is convertible into one share of common) is available for $2.25 per share. This opportunity is planned to come to an end on September 12, 2024.

* This is a paid advertisement for Monogram Technologies Series D Preferred Stock offering. A prospectus supplement and accompanying base prospectus have been filed with the SEC. Before making any investment, you are urged to read the prospectus supplement and accompanying base prospectus carefully for a more complete understanding of the issuer and the offering.

Science & Technology

 Scientists have observed humpback whales creating and manipulating "bubble nets" to hunt prey, potentially demonstrating considerable intelligence and tool use. (More)

Two Ohio businessmen partnered with the city of Cleveland and produced “Stella,” a road-painting robot to help reduce costs and improve worker safety in road marking operations. (See Video)

➤ Tesla is recruiting workers to train its humanoid Optimus robot, using motion capture technology to replicate actions that the robot will perform. (See Photo)

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The Rotator

Feel Good Friday

➤ Nineteen Afghan women, banned from medical studies by the Taliban, will complete education in Scotland thanks to a foundation that arranged their visas and university places. (More)

➤ In Japan, pig cafes have been gaining popularity. Visitors pay $15 to cuddle with Corgi-sized micropigs. (See Photos)

➤ "Libraries were our internet." A dad's viral video showcasing his 1980s childhood experiences to his 8-year-old son has sparked nostalgia among Gen X viewers. (Watch Video)

Et Cetera

➤ A California hospital mistakenly told a woman's family she had checked out when, in reality, she had died. Her body was found a year later in hospital storage. (See Details)

The largest diamond discovered in over a century, weighing 2,492 carats, has been unearthed at a mine in Botswana. (More)

➤ Legendary Cuban singer Celia Cruz has become the first Afro-Latina to appear on a U.S. quarter, with the coin featuring her smiling face and signature catchphrase "¡AZÚCAR!" (See Coin)

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Poll Position

Have you ever worked a fast-food job?

  1. Yes
  2. No

Yesterday's Results:

What’s your favorite fish to eat?

  1. Salmon: 28.8%
  2. Other: 13.8%
  3. Cod: 12.5%
  4. Catfish: 12.0%
  5. Tuna: 9.6%
  6. Mahi Mahi: 8.4%
  7. Trout: 6.1%
  8. Tilapia: 4.5%
  9. Bass: 4.2%

Quote BoxDaily Quote

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“(This is) a chance to chart a new way forward. Not as members of any one party or faction, but as Americans.” 

Vice President Kamala Harris in her acceptance speech at the DNC Thursday night. 

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Ukraine Strikes Moscow, NASA’s New Jet, and Meth Melons

Thursday, August 22, 2024

The Ukrainian military targeted Moscow with at least 11 drones on Wednesday in one of the largest attacks on the Russian capital since the war began. ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌

RFK Jr. Weighs Options, Best Dog Photos, and a Rocket Explodes

Wednesday, August 21, 2024

Independent presidential candidate Robert F. Kennedy Jr. is considering ending his campaign and joining forces with Republican nominee Donald Trump, according to his running mate, Nicole Shanahan. ͏ ‌

Phil Donahue Dies, Protests at the DNC, and a Private Island For Sale

Tuesday, August 20, 2024

Talk show host Phil Donahue, a daytime television legend, died Sunday at age 88, surrounded by family, including his wife, actress Marlo Thomas. ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌

FBI Probes Campaign Hacks, Titanic Secrets, and a Tesla-Bombing Fish

Tuesday, August 20, 2024

The FBI announced that it has opened an investigation into attempted hacks of both presidential campaigns. ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏

Refinance Applications Surge, a Wooden Skyscraper, and Stonehenge Meteor Storm

Tuesday, August 20, 2024

Mortgage refinancing applications surged 35% last week and were up 118% compared to a year ago, as homeowners responded to a significant drop in mortgage rates over the past month. ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌

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