Sponsored by Max Resource Corp

Million dollar mugshot

The Trump campaign has come a long way from its NFT days.

Since former President Donald Trump’s booking at an Atlanta jail last Thursday, his campaign has amassed a staggering $7.1 million, as per figures disclosed to Politico. This includes a single-day achievement of $4.18 million on Friday, marking his highest 24-hour collection so far.

Items like shirts, posters, bumper stickers, and beverage coolers featuring Trump’s stern mugshot with the tagline “NEVER SURRENDER!” have been sold on his online store at prices ranging from $12 to $34.

You can read more on the matter here.

What’s going on?

• Dave Portnoy Starts Layoff For 25% Of Staff After Reacquiring Barstool Sports: “People Have To Step The F*ck Up” (theDeepDive)

• Gazprom Reports Net Loss Following Europe Clients Exodus (theDeepDive)

• Pimco Taps Battered Mortgage Bonds as Credit Gets Expensive (Bloomberg)

• Crisis in Gabon: Military Coup Puts President Bongo Under House Arrest Amidst Rising Instability in Africa (theDeepDive)

• Putin Moves to Seize Control of Wagner’s Mercenary Empire (Bloomberg)

• Tesla YouTuber Tells People: “Don’t Pay For Full Self-Driving” (theDeepDive)

• A Vast Majority of American Voters Are Worried About Democracy (theDeepDive)

• The US Is Losing the Corn-Exporting Crown (Bloomberg)

• Competition Bureau to Pay $13M to Telecom Giants After Failed Merger Block (theDeepDive)

What’s the latest?

• Trump Pleads Not Guilty: Former U.S. President Donald Trump has pleaded not guilty and waived his arraignment in the case accusing him and others of illegally attempting to overturn the results of the 2020 election in Georgia. This decision means that he will not have to attend an arraignment hearing that was scheduled for the following week.

• Iran Oil Production Rises: Iran's oil production and exports have surged in August, defying U.S. sanctions, according to reports from various industry analysts and tracking companies. Oil production is estimated to be 3.15 million bpd in August, with exports at 2 million bpd. Despite efforts by the U.S. to limit Iran's oil exports, its output has increased to its highest level since 2018, with China being one of its top buyers.

• Potstocks Jump: Shares of cannabis companies experienced a significant increase again today in response to a recommendation by the U.S. Department of Health and Human Services to reclassify cannabis as a lower-risk substance. Although cannabis remains illegal at the federal level, this move is seen as a step towards potential wider legalization, which is supported by a majority of Americans.

• Russian Fuel Shortage: Russia is experiencing fuel shortages in some of its southern agricultural regions, affecting the crucial harvest season. This shortage of fuel, essential for agricultural machinery and operations, has been attributed to a combination of factors, including refinery maintenance, railway bottlenecks, and a weaker currency that encourages fuel exports.

• Swift Hits The Big Screen: Cineplex has announced that it will screen "Taylor Swift: The Eras Tour" at over 150 theatres across the country as a consolation for fans who were unable to secure tickets to Taylor Swift's live shows in Toronto. The "theatrical concert film experience" will offer fans a close view of Swift's performance, providing a way for them to enjoy her music even if they couldn't attend the live event.

Prigozhin's plane crash

The stock market and stuff

• Kylie Jenner Has Explored Buying Back Coty’s $600 Million Stake in Her Makeup Brand (Bloomberg)

• CIBC Sees 14% Decline In Net Income For Q3 2023, Nearly $500 Million Increase In Credit Loss Provisions (theDeepDive)

• UBS begins $10 billion cuts, axing 3,000 jobs after Credit Suisse deal (Reuters)

• Cinema stocks gain with Taylor Swift tour movie hitting theaters in October (SA)

In the juniors

• Skylight Health To Wind Down What Little Remains Of Operations After Foreclosure (theDeepDive)

• Genesco's Johnston & Murphy brand helps prop up sales (SA)

• Outcrop Silver To Acquire Zacapa Resources In Related-Party Deal (theDeepDive)

FULL DISCLOSURE: Max Resource Corp is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Max Resource. The author has been compensated to cover Max Resource 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.