Why the Market Is Betting Big on This iGaming Stock

A 20% retention rate, insider confidence, and a recent launch in the $12B Latin American market are driving momentum. With market catalysts set to unfold, the time to act is now--Find out why investors are excited here.

Trump vs. Newsom: Wildfire War Escalates as California Faces Destruction

Nabaparna Bhattacharya
January 11, 2025

As California grapples with devastating wildfires, tensions between Gov. Gavin Newsom (D-Calif.) and President-elect Donald Trump have reached new heights.

What Happened: Newsom has extended an invitation to Trump to visit the state and survey the destruction caused by devastating wildfires.

In a letter sent on Friday, Newsom urged Trump to meet with first responders, firefighters, and those affected by the fires that have claimed at least 10 lives and destroyed over 10,000 homes and businesses, reports Politico.

Meanwhile, Trump reportedly attacked Newsom’s forest management policies and wrongly blamed the state’s fish conservation efforts for fire hydrants running dry in cities, reports AP News. He also mocked Newsom with a nickname and called for his resignation.

Newsom emphasized the importance of unity in the face of tragedy, stressing that the disaster should not be politicized.

Also Read: LA Wildfire Damages Could Top $52 Billion As California Faces Property Insurance Crisis

The fires have escalated tensions between Newsom, a Democrat, and the incoming Republican president, who has frequently criticized California’s management of wildfires.

Trump has used the disaster as a platform to renew calls for sweeping changes to state water policies and to once again accuse California of failing to manage its resources.

During his first term, Trump demanded policy concessions in exchange for federal disaster relief, a stance that Newsom remembered as he sought support from the Biden administration.

This week, Newsom successfully appealed to President Biden, who approved a major disaster declaration and committed to covering all fire management and debris removal costs for the next six months, Politico adds.

In contrast, a Trump official downplayed the suggestion that federal aid would be withheld from California, stating that the president-elect has always expressed a willingness to work with anyone for the benefit of the American people, Politico reports.

However, Newsom warned that the situation remains dire, with winds of up to 70 miles per hour expected over the coming days, and the threat to lives and property still high.

As the state grapples with the immediate aftermath of the fires, Newsom reiterated the need for a cooperative federal response, expressing gratitude for the quick action taken by Biden’s administration.

Read Next:

  • Los Angeles Wildfires Stoke Investor Fears: Edison International’s Stock Ended 10% Lower Wednesday

Continue Reading...

Popular

Canadian Official Claps Back At Trump's 51st State Comments, Offers To Buy These Two American States

Canadian officials say their country isn't for sale and suggest Donald Trump should sell them two states instead of trying to make its neighbor a state.

Porter Stansberry Warns: Nvidia Shares Could Drop By 50% - Ad

It happened in 2000... it happened in 2008... it happened in 2021... and now... the great NVIDIA collapse is coming. In this new exposé, Porter Stansberry reveals why the tech giant is poised to topple...

This Warren Buffett-Backed Stock Is A 2025 'Top Pick' With Big Gains Ahead, Says Analyst

VeriSign, the largest internet stock held by Berkshire Hathaway, has been spotlighted as a "top pick" for 2025 by Citi analysts.

Brazil's Potash Powerhouse? - Ad

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.

CNN defamation trial comes at a rough time for legacy media — and for the struggling network

NEW YORK (AP) — At a particularly inopportune time for legacy media and CNN, the news outlet is on trial in Florida this week, accused of defaming a Navy veteran involved in rescuing endangered Afghans from that country when the U.S. ended its involvement there in 2021.

Nvda: Correction or Full-Blown Crash? - Ad

It's clear that powerful headwinds are headed for NVDA in 2025. Analysts on and off Wall Street say to load up on THIS ticker instead. It's an under-the-radar AI stock that just hit a 52-week high. Marc Chaikin, to talk about the future of the red-hot AI trend... And he named this same stock as his #1 AI pick for 2025.

Trump's Felony Stands As Sentencing Nears: Judge Signals Leniency

New York judge upholds Trump's conviction for orchestrating hush money payments, hinting at leniency in sentencing. His appeal options will remain open.

Next Week: Producer prices, consumer prices, retail sales

A look at some of the key business events and economic indicators upcoming next week.

January 20th - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on January 20th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Chevron Kicks Off Whale Oil Production: Details

Chevron starts oil production from Whale platform in deepwater Gulf of Mexico. Estimated peak production is 100,000 gross boe/d, with up to 15 wells in the first phase of development.

Malaysia and Singapore agree to launch a special economic zone in a rare move to attract investors

KUALA LUMPUR, Malaysia (AP) — Malaysia and Singapore leaders signed an agreement on Tuesday to create a special economic zone to attract global investment and ease the cross-border flow of goods and people.

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.

Top 3 Health Care Stocks That Could Blast Off This Month

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

Boeing still needs a culture change to put safety above profits, according to the head of the FAA

A year after a panel blew out of a Boeing 737 Max during flight, the nation’s top aviation regulator says the company needs "a fundamental cultural shift” to put safety and quality above profits.

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.

Rise of US Steel paralleled the arrival of the United States on the world stage

President Joe Biden the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday — something he had first vowed to do in March.

Hillary Clinton, George Soros and Denzel Washington will receive the highest US civilian honor

WASHINGTON (AP) — Former Secretary of State , Democratic philanthropist and actor-director will be awarded the nation's highest civilian honor on Saturday in a White House ceremony.

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.

Puerto Rico natural resources chief shelves investigation targeting governor's in-laws

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s new natural resources secretary has shelved an investigation into allegations of illegal construction in a protected area on the island’s southwest coast, sparking an outcry.

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

WASHINGTON (AP) — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of and the threat of widespread tariffs and other potential policy changes.

Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad

Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.

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.

Nvidia Teams Up with Dutch Government to Build Cutting-Edge AI Supercomputer Facility

NL govt signs AI facility deal with Nvidia worth 204.5 million euros. Biden admin considering additional chip sanctions. ASML could benefit.

Exposed: 3 Cent Crypto to Explode January 20th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on January 20th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

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.

Indonesia launches free meals program to feed children and pregnant women to fight malnutrition

JAKARTA, Indonesia (AP) — Indonesia's new government started an ambitious project on Monday to fight malnutrition by feeding nearly 90 million children and pregnant women that is expected to cost $28 billion through 2029, although critics question whether the program is affordable.

Caught On Camera (Shocking New AI Tech) - Ad

AI has already made 500,000 new millionaires over the past two years... The new AI tech you'll see in this video footage will change your life for the better, sooner than you might expect. It will have a bigger impact than the invention of the automobile, personal computer and iPhone, combined...

Largest health care strike in Oregon history begins as thousands picket Providence hospitals

PORTLAND, Ore. (AP) — Some 5,000 hospital health care workers walked off the job Friday as they picketed all eight Providence hospitals in Oregon, in what the state health workers union described as the largest health care strike in Oregon history — and the first to involve doctors.

Quantum Stocks Regetti Computing, IonQ, D-Wave Poised To Open Higher After Nvidia CEO Comments Drove Huge Losses

Quantum computing stocks such as Rigetti Computing and IonQ were clobbered Wednesday following comments from Nvidia CEO Jensen Huang suggesting the technology is decades away from practical use. 

2025's No. 1 Trump Era Trade - Ad

Elon Musk is warning about a major shortage we will face in 2025. Trump is targeting one specific resource as the solution to the problem. One American company is virtually the only company set up to solve this situation... generating billions in sales.

Coinbase Subpoenaed Over Polymarket Involvement, Federal Agency Seeks Customer Information

The Commodity Futures Trading Commission has issued a subpoena to cryptocurrency exchange Coinbase (NASDAQ:COIN) regarding its association with the prediction platform Polymarket, according to a Thursday report.

AI-Powered Cameras + Smart Glass = A Potential Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves in two massive markets: AI-powered Advanced Driver Assistance Systems (ADAS) and smart glass technology and this company is poised for substantial growth in the two multi-billion-dollar markets.

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.

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.

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.

Shutterstock and Getty Images will join to become a $3.7 billion visual content company

Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company.

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 finstrategist.com
Privacy Policy | Terms of Service