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Musk Ally Ramaswamy Takes Aim At Biden's $6.6B Loan To Tesla Rival Rivian
Saturday, November 30, 2024 - 4:30pm | 418Newly appointed government efficiency co-czar Vivek Ramaswamy says he will scrutinize a loan issued by the Biden administration to electric vehicle (EV) manufacturer Rivian, a rival of Tesla Inc. (NASDAQ:TSLA). What Happened: Ramaswamy, a biotech entrepreneur, will lead the Department of Government...
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Elon Musk's DOGE Dream Team: From Marc Andreessen To Uber's Travis Kalanick, Silicon Valley Titans Reportedly Join Forces To Overhaul Federal Spending
Saturday, November 30, 2024 - 4:54am | 788Earlier this month, President-elect Donald Trump selected Elon Musk and Vivek Ramaswamy to lead the newly formed Department of Government Efficiency (DOGE). DOGE’s mission is to identify opportunities for cost-cutting, aiming to reduce the federal budget by up to $2 trillion. Musk and...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, November 29, 2024 - 3:43pm | 1627Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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Will Mark Cuban Join Rivals Elon Musk, Vivek Ramaswamy's DOGE? 'Shark Tank' Host Says 'Both Know How To Reach Me'
Thursday, November 28, 2024 - 7:34am | 723Billionaire entrepreneur and “Shark Tank” host Mark Cuban has offered his services to Elon Musk and Vivek Ramaswamy’s Department of Government Efficiency (DOGE) in a bid to cut federal healthcare costs. What Happened: On Wednesday, Cuban responded to a user on X, formerly Twitter...
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Elon Musk, Vivek Ramaswamy: Here's An Agency You Might Want To Cut Back On And Save $40 Billion A Year
Wednesday, November 27, 2024 - 12:48pm | 673When the Drug Enforcement Administration marked its 50th anniversary last year, it had spent over $1 trillion partly to enforce Richard Nixon's 1970 Controlled Substances Act, the cornerstone of his War on Drugs, which is widely viewed as a failure. Now, doesn't this sound like the type of...
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Chamath Palihapitiya Says Elon Musk, Vivek Ramaswamy-Led DOGE Could Usher In 'Economic Renaissance' With A 100-200 Basis Point GDP Surge
Wednesday, November 27, 2024 - 6:29am | 489During a recent episode of the “All-In Podcast,” Chamath Palihapitiya discussed the potential impact of Elon Musk and Vivek Ramaswamy using the Department of Government Efficiency (DOGE) to simplify the U.S. tax code. What Happened: Palihapitiya highlighted the significant public...
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Elon Musk Is Responsible For Palantir Stock Rally, Jim Cramer Says
Tuesday, November 26, 2024 - 4:57pm | 632Palantir Technologies Inc (NASDAQ:PLTR) can thank Elon Musk for its 275% year-to-date gain, according to Jim Cramer. What To Know: Palantir, which rallied nearly 50% over just the past month, maybe the only stock outshining Nvidia Corp (NASDAQ:NVDA) this year, Cramer said Tuesday on CNBC’s...
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Economist Slams DOGE: Tells Elon Musk-Led Initiative To 'Do Your Legal Job Well' Amid Super Bowl Ad Spending Clash
Sunday, November 24, 2024 - 9:58pm | 540Prominent economist Claudia Sahm has criticized the newly formed Department of Government Efficiency (DOGE) and its leadership’s approach to government spending, particularly regarding their stance on the U.S. Census Bureau’s 2010 Super Bowl advertisement. What Happened: The controversy...
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With Musk And Ramaswamy Preparing To Slash Entire Government Agencies, Here's Which Departments Employ The Most Americans And Their Salaries
Friday, November 22, 2024 - 11:15am | 917Elon Musk and Vivek Ramaswamy have been appointed to lead a new government-efficiency commission created by Donald Trump. The stated goal is to cut government spending and one approach being considered involves reducing or eliminating certain federal agencies. Don't Miss: Can you guess how...
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Donald Trump's DOGE Initiative To Have 'Marginal Impact' Says Analyst As Elon Musk Aims To Target Over $500B In Federal Expenditures
Friday, November 22, 2024 - 3:33am | 602President-elect Donald Trump‘s appointed DOGE or the Department of Government Efficiency could potentially save $50–100 billion annually, according to Congressional Budget Office (CBO) analyses, said Mario Georgiou, CFA and executive director, head of investments at InCred Global Wealth U.K....
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Musk, Ramaswamy Should Target TransDigm In Budget Cuts, Short Report Says: 'Target #1' For D.O.G.E.
Thursday, November 21, 2024 - 2:03pm | 715Elon Musk and Vivek Ramaswamy are targeting lowering government spending with the newly announced Department of Government Efficiency (or D.O.G.E. for short). An aircraft component company is named as the perfect place for the duo to start in a new short report from The Bear Cave. What Happened:...
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Donald Trump's Personnel Picks: New Poll Finds Elon Musk With Highest Approval By Voters, Matt Gaetz With Highest Disapproval
Tuesday, November 19, 2024 - 6:55pm | 833Donald Trump has announced several picks for potential nominees for his White House administration since winning the 2024 presidential election. While the picks still have to be nominated and approved in many cases, voters were recently asked to share whether they approve of or disapprove of his...
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Trump's FCC Pick Could Cut 'Wasteful Broadband Spending' With Elon Musk's Starlink
Monday, November 18, 2024 - 7:42pm | 841President-elect Donald Trump on Saturday picked Brendan Carr to become chairman of the Federal Communications Commission (FCC). What To Know: Carr, the FCC's current top Republican commissioner, has worked at the organization since 2012 and is an outspoken supporter of free speech, deregulation and...
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'I'm One Of You' – How 'Anti-Woke' Warrior Vivek Ramaswamy Became A Billionaire At Only 38
Monday, November 18, 2024 - 10:46am | 1033Vivek Ramaswamy is a name making waves. Whether it's his stance against corporate "wokeness" or his ambitious political moves, people have started paying attention to him. But behind all the headlines, Ramaswamy has an intriguing story: a child of Indian immigrants who turned his biotech...
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Musk And Ramaswamy Seek Spending Cut Wins Where Others Failed
Sunday, November 17, 2024 - 1:00pm | 494Billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy have set their sights on curbing federal expenditure, leveraging the Republican dominance in both chambers of Congress. What Happened: According to a report, the duo’s Department of Government Efficiency (DOGE...