Discover the $2 Stock That Has Institutional Attention

With a $1.3B market cap and forecasts to grow 2X faster than the sector, dozens of investment banks are betting big. Strong leadership, cash on hand, and a $3 target make it a must-see.

Brazil Supreme Court panel unanimously upholds judge's decision to block X nationwide

DAVID BILLER
September 02, 2024

RIO DE JANEIRO (AP) -- A Brazilian Supreme Court panel on Monday unanimously upheld the decision of one of its justices to block billionaire Elon Musk's social media platform X nationwide, according to the court's website.

The broader support among justices undermines the effort by Musk and his supporters to cast Justice Alexandre de Moraes as a renegade and authoritarian censor of political speech.

The panel that voted in a virtual session was comprised of five of the full bench's 11 justices, including de Moraes, who last Friday ordered the platform blocked for having failed to name a local legal representative as required by law.

X will remain blocked until it complies with his orders and pays outstanding fines that as of last week exceeded $3 million, according to his decision.

De Moraes also set a daily fine of 50,000 reais ($8,900) for people or companies using virtual private networks, or VPNs, to access X. Some legal experts questioned the grounds for that decision and how it would be enforced, including Brazil's bar association, which said it would request the Supreme Court to review that provision.

But the majority of the panel upheld the VPN fine -- with one justice opposing unless users are shown to be using X to commit crimes.

Brazil is one of the biggest markets for X, with tens of millions of users. Its block marked a dramatic escalation in a monthslong feud between Musk and de Moraes over free speech, far-right accounts and misinformation.

"He violated the constitution of Brazil repeatedly and egregiously, after swearing an oath to protect it," Musk wrote of de Moraes in the hours before the vote. He also announced Sunday the creation of an X account to publish the justice's decisions that he said would provide evidence of his claims.

De Moraes' decision to quickly remit his order for panel approval served to obtain "collective, more institutional support that attempts to depersonalize the decision," Conrado Hübner, a professor of constitutional law at the University of Sao Paulo, told The Associated Press.

It is standard for the rapporteur to remit a decision to a five-justice panel in such cases, Hübner said. In exceptional cases considered controversial, the justice has the discretion to send it to the full bench for evaluation.

Had de Moraes done the latter, two justices who have questioned his decisions in the past -- and were appointed by former far-right President Jair Bolsonaro -- would have had the opportunity to object or hinder the vote's advance.

Continue Reading...

Popular

Harris, Trump Films To Hit Theaters Weeks Before 2024 Election: One Candidate Tried To Block Movie From Release

Movies about Kamala Harris and Donald Trump hit theaters in October. Find out the differences between the movie and why one candidate wants a ban.

Harris Vs. Trump: Vice President, Former President Tied In Swing State, But One Candidate Dominates With Independent Voters

Donald Trump and Kamala Harris are tied in the battle for seven swing states in a new election poll. A look at the results and how one candidate may still be winning.

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.

Mother Sells Taylor Swift Tickets Over Star's Endorsement Of Kamala Harris: 'I'm Gonna Shake It Off, And I'm Done With You'

A mother has chosen to sell the Taylor Swift concert tickets she had bought as a birthday present for her daughter in response to the pop star's recent endorsement of Kamala Harris.

Do Not Day Trade (Do This Instead) - Ad

Forget day trading (especially in markets like these). Trade OVERNIGHT instead! I've uncovered a shocking way to take 100% certain events (mandated by the U.S. Government)...And target OVERNIGHT payouts like: 253%... 327%... Even 383%! Enough to potentially hand you profits of $25,300... $32,700... heck even $38,300!

US-sanctioned Serbia official meets Putin, says Belgrade is an ally and won't join Western penalties

Serbia is a Russian ally and will never impose sanctions against Moscow or join NATO, the Balkan nation’s deputy prime minister said Wednesday as he met with Russian President Vladimir Putin.

Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

TOLEDO, Ohio (AP) -- Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.

Elon Musk: Without This Company, "Civilization Will Crumble" - Ad

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

Nvidia Set To Reach $10 Trillion Valuation As Blackwell Expected To Propel Chip Maker With 'Fireworks Again' In 2025, Analyst Predicts

NVIDIA Corp is projected to surge to a $10 trillion valuation, according to Beth Kindig, lead tech analyst at I/O Fund. Kindig highlighted the potential of Nvidia's next-generation artificial intelligence chip, Blackwell.

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now - Ad

A new breakthrough drug is predicted to hit 250 million subscriptions in the next SIX YEARS, according to Morgan Stanley. Even better, a tiny company - trading for only $7 - holds key patents on this new drug. But it won't stay under the radar for much longer.

Trump plans to launch his sons' crypto business on Monday, 50 days before Election Day

WASHINGTON (AP) — Former President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company , a crypto platform controlled by the Republican nominee's sons Donald Jr. and Eric.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

'FBI Raided My Home…:' Melania Trump Slams FBI For Invading Her Privacy While Searching For 'Top Secret' Documents At Donald Trump's Mar-A-Lago Residence

In a recent video promoting her upcoming memoir, former First Lady Melania Trump issued a stark warning to Americans about the actions of the Federal Bureau of Investigation (FBI) during a raid on her Florida residence in August 2022.

Trump's Campaign Slapped With Lawsuit Threat After Jack White Calls Them 'Fascists'- 'You Should Lose Every Military Family's Vote Immediately!'

Jack White of the White Stripes has condemned Donald Trump's campaign as "fascists" and threatened legal action after an aide used a clip of the band's 2003 hit "Seven Nation Army" in a pro-Trump social media post.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Navy officer demoted after installing unauthorized satellite dish on warship to access internet

SAN DIEGO (AP) — A U.S. Navy chief who wanted the internet so she and other enlisted officers could scroll social media, check sports scores and watch movies while deployed had an unauthorized Starlink satellite dish installed on a warship and lied to her commanding officer to keep it secret, according to investigators.

Stakeholder in Trump's Truth Social parent company wins court ruling over share transfer

DOVER, Del. (AP) — A federal judge in Delaware has ruled in favor of a firm seeking assurance that it will be able to sell its minority stake in the parent company of former president Donald Trump’s .

Could You Retire on a Single AI Stock (Trading for Only $15)? - Ad

Imagine what the perfect AI stock would look like...forefront of AI trend...virtual monopoly in its market... exempt from federal taxes. As you're about to see, this perfect AI stock does exist, and is currently trading for only $15. With just one investment, you could potentially set yourself up for massive financial gains.

Nutanix Stock Jumps On Q4 Earnings: The Details

Nutanix Inc (NASDAQ:NTNX) shares are trading higher in Wednesday's after-hours session on the heels of the company's fiscal fourth-quarter financial results. Here's a rundown of the print.

The next generation of Buffetts is poised to become one of the biggest forces in philanthropy

OMAHA, Neb. (AP) — The next generation of Buffetts — Howard, Susie and Peter — is poised to become one of the most powerful forces in when their 94-year-old father, the legendary businessman and leader of Berkshire Hathaway, , eventually passes away.

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.

Trump courts conservative male influencers to try to reach younger men

WASHINGTON (AP) — At first glance, there's little that a 78-year-old former president and a 23-year-old internet personality might have in common.

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year. Trump is rumored to use it personally... And Kamala Harris has threatened to have key patents on it seized. Whoever wins the election - it could cause a massive surge in demand... And send a tiny firm with key patents on this technology soaring. It's currently trading for only $7. But it likely won't stay this cheap for long.

EU chief Ursula von der Leyen aims for gender parity in commissioner posts. But it's raining men

BRUSSELS (AP) — At first glance, the may seem like a paragon of gender equality — what with heading the all-important executive branch. Still, all the talk this week is about an excess of men poised for top positions at the EU headquarters.

California advances landmark legislation to regulate large AI models

SACRAMENTO, Calif. (AP) — A to establish first-in-the-nation safety measures for the largest artificial intelligence systems cleared an important vote Wednesday that could pave the way for U.S. regulations on the technology evolving at warp speed.

5 Stocks That Could Triple in a Week - Ad

What if I told you that I have a system that has detected when these tiny stocks are on the verge of exploding... And what if I told you my system has targeted 5 new stocks that could triple as early as next week? Pay just $5 for a full year of Stealth Trades before this deal disappears!

California's 'Operation Sticky Fingers' Nails Two Dozen Dispensary Thieves After $1M In Weed Stolen

California cannabis dispensary theft ring busted in 'Sticky Fingers' raid. $1M in stolen products retrieved and two dozen suspects arrested.

Y Combinator's Paul Graham Recalls When Airbnb CEO Brian Chesky Found Success By Imitating This Steve Jobs Strategy In Running Apple: Elon Musk Thinks It Is 'Worth Reading'

Y Combinator co-founder Paul Graham discussed the concept of "founder mode" in management, highlighting Airbnb CEO Brian Chesky's success after shifting from conventional management practices to a more hands-on, Steve Jobs-inspired approach.

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

What's Going On With MongoDB Shares Friday?

MongoDB stock is moving higher after the company reported better-than-expected 2025 fiscal year second quarter earnings.

My No. 1 Oil Play for 2024 - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

Three Warning Signals From The Economy Going Into 2025

Labor, inflation and Buffett: Cracks in the system have been appearing in recent months.

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