Sponsored by Core Assets

The day of the conspiracy theorists

A wave of baseless conspiracy theories has swept through certain online communities, suggesting an impending “zombie apocalypse” triggered by 5G towers and a supposed government plot involving vaccines, 5G signals, and a FEMA test alert scheduled for October 4th.

These unfounded claims have been propagated by various online influencers, mostly in the strange places of the internet. QAnon influencers have alleged that Covid-19 vaccines contain harmful pathogens, such as E. coli, Marburg, and Ebola viruses, which can be unleashed by an “18 Gigahertz 5G frequency.”

However, just so it’s completely clear: these assertions have no factual basis.

You can read more on the matter here.

What’s going on?

• How Will Trudeau’s Legislation To Increase Grocery Competition Look Like When It’s Dominated By Big Three? (theDeepDive)

• House adrift as Republicans fight over their next leader (Reuters)

• ‘Atomic Sun for Everyone’: Bono Is Now Pro-Nuclear (theDeepDive)

• X Tries Again with Live Shopping, This Time with Paris Hilton (theDeepDive)

• At least 21 dead after Italian bus carrying tourists falls from Venice overpass (Reuters)

• US House Democrats Laugh As Republican Matt Gaetz Moves To Unseat House Speaker Kevin McCarthy (theDeepDive)

• Vivek Wadhwa’s New Venture Aims to Use Breath to Detect Cancer (Bloomberg)

• Army Draft Coming Back? US War College Raises Concerns Over Conscription in the Wake of Ukraine Conflict (theDeepDive)

• The FCC Goes to Space: DISH Gets Slapped with First-Ever Space Debris Penalty (theDeepDive)

What’s the latest?

• Private Payrolls Weaken: In September, U.S. private employers added the fewest workers in more than 2.5 years, with a gain of 89,000 jobs, the smallest increase since January 2021, according to the ADP National Employment Report. This comes as large corporations purged 83,000 jobs, while small businesses added 95,000 positions.

• US House Disorder: The U.S. House of Representatives made history by ousting Speaker Kevin McCarthy in a narrow vote. This marks the first time that the House has removed a speaker, a position second in line to the presidency. McCarthy's removal has created a leadership vacuum, with Republicans planning to meet next week to discuss potential candidates to replace him.

• Healthcare Strikes: Tens of thousands of nurses and other healthcare workers have initiated a planned three-day strike at Kaiser Permanente facilities across the United States. This marks the largest strike ever in the U.S. medical industry. The strike is a result of failed contract negotiations regarding wages, benefits, and staffing levels.

• Tim Cook Hits Sell: Apple's CEO Tim Cook sold 511,000 shares of the company's stock, earning $41.5 million after taxes. This sale was Cook's largest share sale in two years. After the sale, Cook still owns around 3.3 million shares, valued at approximately $565 million.

• More Loan Forgiveness: President Joe Biden has announced $9 billion in student loan forgiveness for 125,000 Americans. This relief is a result of his administration's efforts to fix various programs, including income-driven repayment plans and Public Service Loan Forgiveness.

The US vs. Google Antitrust Battle

The stock market and stuff

• Sam Bankman-Fried's trial resumes with jury selection; opening statements expected (Reuters)

• General Motors To Invest $329 Million In Lithium Americas Following Separation Agreement (theDeepDive)

• Apple CEO Tim Cook makes $41 mln from biggest stock sale in two years (Reuters)

In the juniors

• American Potash Receives Permits For 3 Well Drill Program At Utah Potash And Lithium Property (theDeepDive)

• Tecpetrol Extends Deadline For Alpha Lithium Takeover Bid To October 20 (theDeepDive)

• Tilray Brands Posts Sequential Revenue Decline In Q1 2024 After Alcohol Segment Decline (theDeepDive)

FULL DISCLOSURE: Core Assets Corp is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Core Assets Corp. The author has been compensated to cover Core Assets Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.