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BALANCE OF POWER: Georgia Senate Runoff

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The Senate is currently split 50-50, with Democrats controlling the chamber due to Vice President Kamala Harris’ tie-breaking vote

It is decision day in Georgia where for the second time in a month, voters are heading back to the polls to select who they want to represent them in the divided U.S. Senate.

Voters in the Peach State are choosing between Republican challenger Herschel Walker and incumbent Democratic Sen. Raphael Warnock.

This race in particular will have broad implications for the rest of the country—as this matchup will determine whether Democrats increase their power in the Senate or if Republicans can hang on to their 50 seats.

On Tuesday—the final day of the election—both candidates made their final pitches.

In summing up the fight, Walker said, “A vote for my opponent is a vote for Joe Biden and a vote for Chuck Schumer and he’s showing you that. A vote for me is a vote for Georgia values.”

Meanwhile, Warnock expressed confidence but warned supports against being complacent.

“I worry that we will see this massive early voter turnout, and some will decide, ‘we don’t need your voice’ and we do. There is still a path for Herschel Walker to win this race,” Warnock said.

Election officials are expecting record turnout with more than one-million votes already cast in early voting. Polls will close this evening a 7pm and official results are expected late Tuesday evening.

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

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Eisman identifies infrastructure as key investment opportunity

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Famed investor Steve Eisman, has shifted his focus to infrastructure, citing three main reasons.

 

The pandemic-induced shift towards onshore investment, the rise of AI necessitating data centre expansion, and the global push towards greener energy.

Eisman believes these trends offer a decade-long opportunity for investors, with Australia presenting ample opportunities for market participation.

Notable companies to consider for exposure include BlueScope and James Hardie Industries for building materials, Macquarie Technology and Goodman Group for data centres, and Worley, AGL Energy, and Origin Energy for electricity grid upgrades and green infrastructure.

However, Eisman cautions investors to approach utility investments carefully, considering their capital expenditure budgets in renewable energy and grid upgrades.

 

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Civil War cinema brings in the box office dollars

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Alex Garland’s film “Civil War” has made a significant impact at the box office, surpassing expectations with a $25.7 million opening weekend in North America.

Starring Kirsten Dunst, Wagner Moura, and Cailee Spaeny, the film explores a near-future scenario where California and Texas unite against a president’s authoritarian regime. Despite fictional elements, “Civil War” has sparked widespread discussion, with its themes resonating in today’s political climate. The film’s performance, coupled with positive reviews, suggests a promising trajectory in the coming weeks, bolstered by a relatively quiet release schedule.

You can catch the trailer here

 

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Oil likely to see hike following Iran’s Israel attack

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Global oil markets are poised for potential disruption as tensions escalate in the Middle East following Iran’s recent attack on Israel.

The attack, which targeted key infrastructure, has raised concerns about the stability of oil supplies in the region.

Experts predict that the incident could lead to a spike in oil prices as investors react to the heightened geopolitical risk. #ticker today #featured

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