September 18, 2024 | [Read Online]( Rising Tech Star Up 131% [fb]( [fb]( [fb]( [fb](mailto:?subject=Post%20from%20Elite%20Trade%20Club&body=Rising%20Tech%20Star%20Up%20131%25%3A%20%0A%0Ahttps%3A%2F%2Felitetrade.club%2Fp%2Frising-tech-star-131) Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Here’s what moved the market today. Markets 📈 U.S. indexes saw plenty of movement but ended the day not far from where they started. The Nasdaq Composite dipped the most, falling 0.31%. - DJIA [-0.25%] - S&P 500 [-0.29%] - Nasdaq [-0.31%] - Russell 2K [+0.06%] Biotech [This Med Tech Stock Could Take Off]( A rapidly growing med tech company just released its second-quarter earnings, surpassing all expectations! Revenue growth has exploded, with a nearly 74-fold increase compared to the same period last year. The company has maintained [an impressive 95% profit margin](, demonstrating strong operational efficiency. Industry experts have raised their price targets once again, signaling an opportunity to get in before a potential major move. With innovative products and increasing adoption in the medical community, this company is one to watch! [Click here to learn more and discover why this stock could be a great addition to your portfolio!]( Market-Moving News 📈 Alaska Airlines and Hawaiian Airlines Join Forces: A New Era in U.S. Aviation Alaska Airlines has finalized its $1.9 billion acquisition of Hawaiian Airlines, following approval from the U.S. Department of Transportation. The merger agreement, which had already cleared the Justice Department’s review, comes with specific conditions to protect frequent flyers and key routes. The Department of Transportation has required the airlines to maintain the value of their frequent flyer programs, ensuring that miles can be transferred at a 1-to-1 ratio without expiration. Additionally, the carriers must continue essential air services to rural areas and uphold current levels of passenger and cargo service within Hawaii. Alaska Airlines will now form an interim transition team, with Joe Sprague, Alaska's regional president overseeing Hawaii, set to lead Hawaiian Airlines as CEO during the transition. The airlines are seeking a single operating certificate from the Federal Aviation Administration to complete the merger process. The combined airline will continue to operate under separate brands, but the two fleets, consisting of more than 360 aircraft, will service over 130 destinations. Hawaiian will also adopt Alaska’s customer-friendly policies, such as family seating guarantees and compensation for significant delays. GM Unlocks Tesla Supercharger Access for EV Drivers General Motors has rolled out a software update enabling its electric vehicle owners to tap into Tesla’s Supercharging network. To access the charging stations, owners of electric Chevy, Cadillac, and GMC vehicles can now purchase approved Tesla adapters for $225 via each brand's app, with future GM models to include Tesla’s charging port as standard. The update follows GM's announcement over a year ago about adopting Tesla's EV charging plug, initially projected for early 2024. Although delays occurred, the new software unlocks access to 17,800 Tesla Supercharger plugs, a major boost for GM customers facing limited charging options. The auto industry has embraced Tesla's North American Charging Standard (NACS), with GM sourcing adapters from multiple suppliers to avoid dependence on Tesla. Unlike some other automakers that offered free adapters, GM will require customers to purchase them. Additionally, GM is improving its mobile apps to help users find available charging stations, monitor status, and pay for sessions. While Tesla leads in charging infrastructure, GM is involved in projects to expand fast-charging networks, aiming to keep pace with the growing EV market. YouTube Unveils Revamped TV App with New Features and Fresh Look YouTube is set to overhaul its connected TV app, introducing a fresh design and enhanced features to improve user experience. The update, announced at a New York event, aims to give creators new tools for organizing content and engaging viewers. One key change includes the ability for creators to categorize their content into episodes and seasons, similar to popular subscription video platforms. This will allow for a more structured viewing experience, especially for series-based content. Additionally, the platform will introduce "immersive previews," which are cinematic trailers that automatically play when users visit a creator's page. To help creators grow their audience, YouTube plans to simplify the subscribe process by making it more visible while videos play on the TV app. Another new feature will allow QR codes to be generated from video description links, making it easier for viewers to access additional content. The immersive previews, QR codes, and subscription enhancements will launch later this year, with the episodic and seasonal features rolling out gradually in 2025. Smart Dividends [The Dividend Champions | 25+ Years of Rising Dividends]( Thousands of publicly traded companies have a dividend—that means they pay you just for owning their stock. However, only some are able to increase their dividend payments year-after-year. [Sure Dividend](researches the best dividend growth stocks for investors looking to build rising passive income over time. And that’s where the elite Dividend Champions come in… - A stock must have 25+ consecutive years of dividend increases to be included on Sure Dividend’s exclusive Dividend Champions list. There are currently 140+ stocks that qualify for the Dividend Champions list. These are businesses that have increased their dividend every year since the 1990s, despite recessions, wars, pandemics, and changing technology. [Get your free Dividend Champions spreadsheet here!]( Top Winners and Losers 🔥 Veea Inc [VEEA] $12.25 (+131.13%) Veea announced a new partnership with Crowdkeep for AI-enabled solutions for multiple industries. Applied Therapeutics [APLT] $7.85 (+68.82%) Applied Therapeutics saw huge gains after the FDA no longer required an advisory committee for its new drug. Intuitive Machines [LUNR] $7.47 (+38.33%) Intuitive Machines stock cleared the atmosphere following a multi-billion dollar contact with NASA. Galmed Pharmaceuticals [GLMD] $6.90 (-54.30%) Galmed Pharmaceutics ends the day on the bad end of a short squeeze that sent its share price reeling. Mullen Automotive [MULN] $8.03 (-23.16%) Mullen Automotive shares drop after its subsidiary Bollinger Motors shared pricing for its 2025 electric truck. Trump Media & Technology Group [DJTWW] $9.26 (-12.97%) Trump Media continues to dip in the days leading up to the end of its merger lockup period. Speculation brews about Trump selling his shares. Health [Explosive Growth in the Med Tech Sector!]( An innovative med tech company just reported its second-quarter earnings, showing a staggering 74-fold revenue increase compared to the same period last year. Profit margins remained at an impressive 95%, reflecting strong operational efficiency. Analysts have raised their price targets again, signaling this could be a great opportunity for investors. The company’s cutting-edge products are gaining recognition in the medical field, especially for their effectiveness in treating [a challenging health condition.]( With groundbreaking advancements and growing recognition, the future looks promising for this firm. [Click here to find out why this stock might be your next big winner!]( That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback! Thanks for reading. I'll see you at the next open! Best Regards,
— Adam G.
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