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Democratic presidential nominee, U.S. Vice President Kamala Harris and Republican presidential nominee former President Donald Trump Debate
Former President Donald Trump, reflected on a wall, and Vice President Kamala Harris (Demetrius Freeman/The Washington Post via Getty Images)
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Harris is far outspending Trump online

Trump’s focus is on Boomers and Gen X while Harris wants to win women of every age.

Rani Molla

Kamala Harris and Donald Trump speak to different Americans — and they’re advertising to different ones too.

So far, Harris has trounced Trump in digital spending. Her presidential campaign has doled out a total of roughly $100 million between Google ($55 million) and Meta ($44 million) from late July when she began her campaign through early September, according to data from the Wesleyan Media Project. That’s more than five times the $18 million Trump’s campaign has spent with those companies in that timeframe. While there’s certainly other digital advertising out there, Google and Meta account for the lion’s share.

The digital spending isn’t as much as the candidates are investing in TV — to put it in context, in just two weeks (August 26 to September 8) pro-Harris groups spent $64 million on TV ads and pro-Trump spent $57 million — but digital ads can target much more specific audiences. And where they target those ads reveals a lot about what each campaign is focusing on.

Trump’s Instagram and Facebook ads, for example, have a much higher rate of impressions (a measure of the first time people see each ad) by people aged 65 and older, according to data from Ravineo Media Research, which analyzed data from Meta’s Ad Library. Meanwhile Harris’s campaign spending, which includes expenditures under her and name and through Kamala HQ, is more evenly dispersed among age groups.

Harris meanwhile, seems to be gearing more of her campaign’s digital ad spending toward women. That was the case in each age bucket. Trump’s ad impressions by gender are more even overall, though the ads reached a higher share of older women and younger men.

Michael Franz, co-director of the Wesleyan Media Project, explained that while impressions likely reflect a campaign’s intended targets, it’s not exact as Meta’s algorithms also contribute to who sees what and when. Meta can tell demographics like age and gender based on what people have listed on their profiles and advertisers can select which criteria to target based on that.

Where they’re spending is different, too.

The highest share of ad impressions for Trump were in Texas, Pennsylvania, Florida California, and Georgia. The biggest portion of Harris’s ads, meanwhile, were seen in Michigan, Pennsylvania, Georgia, North Carolina and Wisconsin.

The reason for spending in battleground states is obvious, but candidates often advertising in bigger states where they’re guaranteed to win as a way to raise more cash.

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Maine is the first to pass a statewide ban on large data centers

The tide is turning against big AI data centers.

In addition to many cities and towns that have passed outright bans on data centers, lawmakers in at least 11 states have introduced legislation to pause their construction, citing the need to carefully study power and water usage of the facilities.

But Maine just became the first state to successfully pass a ban on large data centers. If Maine Governor Janet Mills signs the bill into law, new data centers that draw more than 20 gigawatts of power would be banned until late 2027, and the state would set up a mechanism to study the impact of data center energy usage.

Last month, a federal bill was introduced to block new data centers until AI regulation has been passed. The issue has been getting more attention in this election year, as voters in data center hubs like Virginia have soured on the facilities.

Look at the crumbling support among Virginians (America's first data center hot spot) for data centers:

But Maine just became the first state to successfully pass a ban on large data centers. If Maine Governor Janet Mills signs the bill into law, new data centers that draw more than 20 gigawatts of power would be banned until late 2027, and the state would set up a mechanism to study the impact of data center energy usage.

Last month, a federal bill was introduced to block new data centers until AI regulation has been passed. The issue has been getting more attention in this election year, as voters in data center hubs like Virginia have soured on the facilities.

Look at the crumbling support among Virginians (America's first data center hot spot) for data centers:

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Jon Keegan

Trump pulls tech execs even closer, adding Zuckerberg, Huang, Ellison, and others to tech council

President Trump has had a close relationship with America’s biggest tech leaders. They have flown across the world for investment announcements, attended intimate dinners at the White House, donned tuxedos and white ties for royal banquets, and have been known to bring golden gifts to him in the Oval Office.

Today he brings them in even closer. The White House announced that Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, and close pal and Oracle cofounder Larry Ellison will join a new President’s Council of Advisors on Science and Technology, along with 10 other tech leaders including Dell founder Michael Dell and Google cofounder Sergey Brin.

According to the White House, the group will “focus on topics related to the opportunities and challenges that emerging technologies present to the American workforce, and ensuring all Americans thrive in the Golden Age of Innovation.”

The full list of appointees:

Today he brings them in even closer. The White House announced that Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, and close pal and Oracle cofounder Larry Ellison will join a new President’s Council of Advisors on Science and Technology, along with 10 other tech leaders including Dell founder Michael Dell and Google cofounder Sergey Brin.

According to the White House, the group will “focus on topics related to the opportunities and challenges that emerging technologies present to the American workforce, and ensuring all Americans thrive in the Golden Age of Innovation.”

The full list of appointees:

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Saleah Blancaflor

Prediction markets show a tight (and tightening) Illinois Democratic Senate primary

It’s primary election time in Illinois, and as voters in the state head to the polls on March 17, there are a few races to watch closely across both parties.

While polls show that Darren Bailey is leading in the Republican race for governor, the primary election for a rare seat in the Democratic Senate to replace Sen. Dick Durbin is proving to be a tight one.

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At the top of the 10-candidate race are Raja Krishnamoorthi, Lt. Gov. Juliana Stratton, and Robin Kelly. Krishnamoorthi, a lawmaker from Chicago’s 8th Congressional District, was an early front-runner, received funding and support from several Congress members for the seat. Kelly, who represented the South Side’s 2nd Congressional District, has support from the Congressional Black Caucus and South Carolina Rep. Jim Clyburn. Meanwhile, Stratton has been endorsed by Gov. JB Pritzker, whose administration she used to work for, as well as Sen. Elizabeth Warren.

While polls suggested that Krishnamoorthi was favored to win, Stratton has seen a boost and late surge, though Krishnamoorthi still remains close behind. Capitol News Illinois reports that Illinois Future PAC, funded by Pritzker, has spent more than $10 million on ads elevating Stratton. Meanwhile, two PACs affiliated with the crypto industry have attempted to attack Stratton and promote Kelly. Indian American Impact, which endorsed Krishnamoorthi, reportedly employed similar tactics against Stratton.

Political insiders tell Capitol News Illinois the race could go either way, but they still expect Krishnamoorthi to come out on top. Prediction markets currently show that Stratton narrowly leading Krishnamoorthi.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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At the top of the 10-candidate race are Raja Krishnamoorthi, Lt. Gov. Juliana Stratton, and Robin Kelly. Krishnamoorthi, a lawmaker from Chicago’s 8th Congressional District, was an early front-runner, received funding and support from several Congress members for the seat. Kelly, who represented the South Side’s 2nd Congressional District, has support from the Congressional Black Caucus and South Carolina Rep. Jim Clyburn. Meanwhile, Stratton has been endorsed by Gov. JB Pritzker, whose administration she used to work for, as well as Sen. Elizabeth Warren.

While polls suggested that Krishnamoorthi was favored to win, Stratton has seen a boost and late surge, though Krishnamoorthi still remains close behind. Capitol News Illinois reports that Illinois Future PAC, funded by Pritzker, has spent more than $10 million on ads elevating Stratton. Meanwhile, two PACs affiliated with the crypto industry have attempted to attack Stratton and promote Kelly. Indian American Impact, which endorsed Krishnamoorthi, reportedly employed similar tactics against Stratton.

Political insiders tell Capitol News Illinois the race could go either way, but they still expect Krishnamoorthi to come out on top. Prediction markets currently show that Stratton narrowly leading Krishnamoorthi.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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Anthropic sues the US government

In response to the Pentagon’s unprecedented, punitive determination that Anthropic is a national security supply chain risk, the AI startup has sued the US government.

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.