new york presentation in english

New York, New York

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5. Festivities

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2. Attractions

2. THE STATUE OF LIBERTY

3. The 9/11 ATTACKS IN NYC

1. THE BIRTH OF NEW YORK CITY

Iroquois tribe

Prior to Europeans arriving in New York, the land was inhabited by Native Americans. There were two major groups of Native Americans: the Iroquois and the Algonquian peoples

AMERICAN INDIAN TRIBES

Henry Hudson

In 1609, English explorer Henry Hudson found New York Bay and the Hudson River while exploring for the Dutch. The Dutch began to settle the area. They traded with the natives for beaver furs which were popular in Europe at the time for making hats.

EUROPEANS ARRIVE

The first Dutch settlement was Fort Nassau established in 1614.Soon more settlements were built including Fort Orange in 1624 (which would later become Albany) and Fort Amsterdam in 1625. Fort Amsterdam would become the city of New Amsterdam which would later become New York City.

DUTCH COLONIZATION

In 1664, an English fleet arrived at New Amsterdam. The English took control of the colony and renamed both the city and the colony New York.

ENGLISH INVASION

1. Native Americans 2. Dutch settlers 3. English settlers

1. Native Americans 2. English settlers 3. Dutch settlers

1. English settlers 2. Native Americans 3. Dutch settlers

Click on the correct timeline

The Statue of Liberty is a large statue that stands on Liberty Island in New York Harbor. The statue was a gift from the people of France and was dedicated on October 28, 1886. It has become one of the most iconic symbols of the United States of America. The official name of the statue is "Liberty Enlightening the World", but she also goes by other names including "Lady Liberty".

THE STATUE OF LIBERTY

The statue represents the freedom and liberty of the United States democracy. The figure is modeled after a Roman goddess named Libertas. The torch she holds high represents the enlightenment of the world. There are also broken chains at her feet that symbolize the United State breaking free from tyranny. She holds a tablet in her left hand that represents the law and has July 4, 1776 inscribed on it in Roman numerals.

On September 11, 2001 the worst terrorist attack in U.S. history occurred when two hijacked planes were crashed into the Twin Towers of the World Trade Center in New York City. The attacks were launched by nineteen members of the Islamic terrorist group al-Qaeda. Both buildings collapsed killing nearly 3,000 people.

the 9/11 attacks

Learn the most famous attractions in New York City

Watch the video and answer the questions

Who wants to be a millionaire?

The hangman game

Match the pictures to their names

ATTRACTIONS IN NEW YORK

TIMES SQUARE

Manhattan’s heart was once a hub for vice, teeming with sex shops and drug dealers. Over time that notorious reputation has eroded, and now the area can feel like a tourist-clogged shopping mall. If the thought of attending the annual glitzy New Year’s Eve celebration gives you hives, you can see the midnight countdown .

BROOKLYN BRIDGE

When it opened in 1883, the Brooklyn Bridge was a feat of engineering: It was the first structure to cross the East River and, at the time, the longest suspension bridge in the world. Now it attracts thousands of tourists and locals, who enjoy spectacular views of lower Manhattan and other city landmarks (such as the Statue of Liberty and Governors Island) as they stroll its more-than-mile-long expanse.

CENTRAL PARK

Although it may appear on a map as a small patch of green within the grid of Manhattan streets, Central Park is an expansive space that contains enough sights and things to do to last for days. The park is home to a wide range of attractions, from impressive architecture to peaceful gardens.The park also has several ponds, and can be toured by horse-drawn carriage for the ultimate romantic sightseeing experience.

Lady Liberty—or Liberty Enlightening the World, as she’s officially known—was a gift from France on America’s 100th birthday. A universal symbol of freedom that welcomed over 10 million immigrants sailing past to Ellis Island during the turn of the 20th century, the copper-plated sentinel stands 305 feet tall from the bottom of her base to the tip of her torch.

THE EMPIRE STATE BUILDING

A famed piece of Art Deco architecture that took over 400 days to structurally complete, the skyscraper reaches an astonishing height of 1,454-feet—and while it's no longer the tallest building in New York, it held that title for several decades following its 1931 completion date.

THE CHRYSLER BUILDING

Triangle-shaped windows in its crown are lined with lights, creating a beautiful effect come nighttime. The structure pays homage to its namesake with giant eagles (replicas of ones added to Chrysler automobiles in the 1920s) in lieu of traditional gargoyles and a brickwork relief sculpture of racing cars, complete with chrome hubcaps.

THE ROCKEFELLER CENTER

Described as one of the greatest projects of the Great Depression era, Rockefeller Center is noted for the large quantities of art present in almost all of its Art Deco buildings, its expansive underground concourse, and its ice-skating rink. The complex is also famous for its annual lighting of the Rockefeller Center Christmas Tree.

THE METROPOLITAN MUSEUM OF ART

Also nicknamed "The Met", It’s one of the few spots in the city where you could spend literally an entire day and see only a fraction of the holdings. Behind the doors of its iconic neoclassical facade lie 17 curatorial collections spanning countless eras and cultural perspectives, from prehistoric Egyptian artifacts to contemporary photography.

THE GUGGENHEIM MUSEUM

The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum located at 1071 Fifth Avenue on the corner of East 89th Street in the Upper East Side neighborhood of Manhattan, New York City. It is the permanent home of a continuously expanding collection of Impressionist, Post-Impressionist, early Modern, and contemporary art

THE 9/11 MEMORIAL AND MUSEUM

In the footprints of where the Twin Towers once stood are North America’s largest man-made waterfalls, the bottoms of which seem to be impossible to see. The twin reflecting pools, the 9/11 Memorial designed by Michael Arad, are a solemn reminder of all that was lost during the terrorist attacks on September 11, 2001 and the World Trade Center bombing in 1993.

What are the 8 best New York foods?

PIZZAMost people have heard – if not eaten – pizza as you can find it in most major cities around the world. But there is nothing like a New York slice! NYC has hundreds, if not thousands,- of places to get pizza. It’s quintessentially a New York food.

BAGELS A bagel is a round bread product that is made with yeasted wheat dough that is shaped into a ring and boiled, then baked.

They are typically eaten at breakfast with butter or cream cheese on it. Bagels are believed to have been invented in the 1600s by Jewish communities in Poland. When Polish Jews immigrated to America in the late 19th century, bagels began to appear in NYC.

NEW YORK STYLE CHEESECAKE In 1872 an American dairyman William Lawrence of New York State unintentionally created cream cheese, similar to the French cheese Neufchâtel. New York-style cheesecake is different from traditional cheesecakes in that it includes heavy cream or sour cream. It is both silky and dense and can be quite sweet. There is nothing like it in the world.

PASTRAMI SANDWICH Pastrami is cured cuts of meat (similar to corned beef or brisket). The origins of pastrami go back to Romania. “Pastra” is the Romanian word for preserve — or in this case, cured. This style of cured meat made its way to America via Romanian Jewish immigrants who settled on the Lower East Side. Today the Lower East Side is where you can find the best pastrami sandwich in NY, at Katz’s Delicatessen.

First sold in the Lower East Side by a German immigrant in the 1860s, this quick and easy food caught on quickly in NYC. Now hot dogs are about as American as it gets. A recognizable sight in NYC, hot dog carts can be found just about anywhere in Manhattan.

HOT DOGSHot dogs are another food that existed long before it arrived in the U.S.

FALAFEL Falafel is a chickpea batter made with herbs and mild spices and deep-fried into a ball a bit smaller than a golf ball. Falafel is usually eaten in pita bread like a sandwich, with some lettuce and tomato garnish and tahini (sesame paste). Falafel sandwiches or even falafel balls on their own are a cheap and quick snack.

DOUGHNUTThe concept of the doughnut goes back centuries with variations across the globe.

An early form of the doughnut made their way to America with Dutch settlers in the 1600s. At that time, doughnuts did not have holes. In fact, the first hole-making machine was invented right here in New York City in 1920! Today, many people have access to doughnuts from the chain Dunkin’ Donuts, which has stores in over 36 countries. However, their donuts cannot compare with a freshly baked doughnut from a specialty doughnut shop.

BLACK-AND-WHITE COOKIE The origin of this cookie in NYC starts with a Bavarian immigrant bakery on the Upper East Side. This classic NY cookie is a big flat disc with a shortbread base and iced with fondant frosting. One half has vanilla fondant and the other half has chocolate, hence the name

So many TV shows were shot in the Big Apple ! Here are 4 iconic TV series set in New York City.

"Brooklyn Nine-Nine" follows the exploits of hilarious Det. Jake Peralta and his lovable colleagues as they police the NYPD's 99th Precinct.

BROOKLYN NINE-NINE

What is stuck in Jake's trousers?

Follows the personal and professional lives of six twenty to thirty-something-year-old friends living in Manhattan.

Which character has a twin sister?

SEX AND THE CITY

Four female New Yorkers gossip about their sex lives and find new ways to deal with being a woman in the late 1990s. The heroine's name is Carrie Bradshaw.

What is the nickname of Carrie's boyfriend?

GOSSIP GIRL

Privileged teens living on the Upper East Side of New York can hide no secret from the ruthless blogger who is always watching.The heroine's name is Serena.

Who is Serena's best friend?

festivities in the big apple

CHINESE NEW YEAR

The Chinese New Year celebrations and parades take place in January or February, depending on the lunar calendar. The traditional route winds along Mott, Canal and Bayard Streets in Chinatown, featuring huge dragons, mythical creatures, elaborate floats, acrobats, street performers and more. All-day cultural performances end with firecrackers and a firework display at night.

saint patrick's day

Every March, the Irish patron saint St Patrick is honored with one of the world’s most famous parades. Its route runs from 44th Street to 5th Avenue and on to 86th Street, staring at 11:00 a.m. and ending around 2.30 p.m. More than 150,000 traditional Irish-American bands, organizations and clubs march wearing green to pay tribute to the old country.

THANKSGIVING

New York welcomes November with the spectacular Thanksgiving Day Parade beginning at 77th Street and winding its way past Central Park down to the flagship Macy’s in Herald Square. Visitors should book hotels way in advance to get the best views of the hot air balloon floats.

NEW YEARS'S EVE

There is nowhere better on earth to ring in the New Year than the iconic Times Square Ball Drop. A tradition since 1907, at least one million people flock to see the celebritites and guest performers while another billion watch from TV.

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A short description of one of the most exciting cities in the world: New York

You’re watching watchmojo.com, I’m your host, Alex, and today, we’re gonna continue our city profiles; this time, hitting up NYC. New York City is the largest city in the United States, and one of the world’s major global cities. Located in the seat of New York, the city has a population of 8.2 million, with an area of 321 square miles making it the most densely populated city in North America. New York City is an international centre for business, finance, fashion, medicine, entertainment, media, and culture. The city is also home to the United Nations and to many of the world’s most famous skyscrapers such as the Chrysler Building and the Empire State Building. Otherwise known as ‘The Big Apple’ and ‘The City That Never Sleeps,’ the city attracts people from all over the globe who come for its economic opportunity, culture, and fast-paced cosmopolitan lifestyle. New York City is located on the coast of the northeastern United States at the mouth of the Hudson River, and southeastern New York State. New York has a humid continental climate resulting from prevailing wind patterns that bring cool air from the interior of the North American continent. New York winters are typically cold, with moderate snowfall averaging a total of 2 feet annually. New York City is home to the most complex and extensive transportation networks in all of the United States with more than 12,000 iconic yellow cabs, 120,000 daily bicyclists, subways, bus and railroad systems, immense airports, landmark bridges and tunnels, ferry services, and even an aerial commuter tramway. The New York City subway is the largest subway system in the world, measured by track mileage.  And it is also the world’s fourth largest when measured by annual ridership.

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New York presentation

Last updated Saturday , 16-03-2024 on 10:52 am

New York presentation , contains a lot of information about the state of New York in terms of space, location, economy and tourism. All this information will be found here in New York presentation in English.

The state of New York is one of the largest states in the United States of America and the most important economic, tourism and cultural. You will find all this information here at the New York presentation in English.

Introduction

Hello … My name is … I will present to you today a theme about  New York State , I hope you will like it. I will answer all questions in the end with pleasure.

New York State

It is one of the 50 states of the United States of America. Its capital is the city of Albany and New York City. It occupies the twenty-seventh place in terms of area, with a land area of ​​127,190 km², consisting of sixty-two provinces.

Geographically located in the north-eastern part of the United States of America, overlooking the Atlantic Ocean, bordered by New Jersey, Connecticut, Massachusetts, Pennsylvania, Ontario.

It has a population of 18,976,457 million. Its population consists of European, Indian, Asian, African and Latin American populations. The official language of the population is English.

Historic Stations

In 1524, the coast of the state was discovered by the Italian Giovanni di Ferrazano, who was the first to discover it.

Between 1775 and 1783, specifically during the American War of Independence, the state was a theater of many battles.

The state joined the Union of States in 1788 on the twenty-sixth day of July.

According to 2003 statistics, the average per capita income was US $ 38,923 per year, and the national product of the state was US $ 838 million.

According to 2005 statistics, the unemployment rate was 4.9%. Its economy depends on: the industrial sector represented by the publishing and printing industry, the machinery industry, the electronic equipment, the equipment and the agriculture sector where grapes, apples, cherries, onions, strawberries, pears, potatoes are the most important crops.

Tourism sector such as conference tourism, trade, financial institutions such as banks, stock exchange, film production and dairy production.

General information

The most famous lakes are  George Lake,  Saranac Lake,Champlain Lake , Placid Lake.  It is one of the largest states with a large number of students, with more than 1.11 million students.

The state also has a large number of educational centers such as the University of New York City, the Institute of Fashion Technology, the Bernard College, the University of Columbia, the New School, The Guliard School, the Albert Einstein School of Medicine, the Brierley School, and the Horace Mann School.

Is one of the states that support the Democratic Party, and there are a number of suburbs in favor of the Republican Party.

The state suffers from thermal emissions resulting from the massive use of transportation within its large cities.

It has the headquarters of the United Nations, the largest financial center in the world and the largest port in the United States.

Thank you for your kind attention … I hope you have liked the subject. If you have questions, I will answer them with pleasure.

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Obama, Clinton and big-name entertainers help Biden raise a record $26 million for his reelection

President Joe Biden, right, and former presidents Barack Obama, left, and Bill Clinton participate in a fundraising event with Stephen Colbert at Radio City Music Hall, Thursday, March 28, 2024, in New York. (AP Photo/Alex Brandon)

President Joe Biden, center, and former presidents Barack Obama, left, and Bill Clinton, right, participate in a fundraising event with Stephen Colbert at Radio City Music Hall, Thursday, March 28, 2024, in New York. (AP Photo/Alex Brandon)

President Joe Biden, left center, and former presidents Barack Obama, right center, and Bill Clinton participate in a fundraising event with Stephen Colbert, left, at Radio City Music Hall, Thursday, March 28, 2024, in New York. (AP Photo/Alex Brandon)

Former President Bill Clinton participates in a fundraising event for President Joe Biden with former president Barack Obama and Stephen Colbert at Radio City Music Hall, Thursday, March 28, 2024, in New York. (AP Photo/Alex Brandon)

President Joe Biden stands with former presidents Barack Obama and Bill Clinton participate in a fundraising event with Stephen Colbert at Radio City Music Hall, Thursday, March 28, 2024, in New York. (AP Photo/Alex Brandon)

Stephen Colbert speaks during a fundraising event of President Joe Biden with former presidents Barack Obama and Bill Clinton at Radio City Music Hall, Thursday, March 28, 2024, in New York. (AP Photo/Alex Brandon)

President Joe Biden, left, and former President Barack Obama arrive at John F. Kennedy International Airport, Thursday, March 28, 2024, in New York. (AP Photo/Alex Brandon)

President Joe Biden, left, and former President Barack Obama exit Air Force One upon arriving at John F. Kennedy International Airport, Thursday, March 28, 2024, in New York. (AP Photo/Alex Brandon)

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NEW YORK (AP) — Barack Obama, Bill Clinton and some big names from the entertainment world teamed up Thursday night to deliver a rousing New York embrace of President Joe Biden that hauled in a record-setting $26 million-plus for his reelection campaign.

The mood at Radio City Music Hall was electric as Obama praised Biden’s willingness to look for common ground and said, “That’s the kind of president I want.” Clinton said simply of the choices facing voters in 2024: “Stay with what works.”

Biden himself went straight at Donald Trump, saying his expected GOP rival’s ideas were “a little old and out of shape.”

Moderator Stephen Colbert, in an armchair conversation with the trio, called them “champion talkers” and joked that the three presidents had come to town “and not one of them is here to appear in court,” a dig at Trump’s many legal troubles.

The eye-popping fundraising haul was a major show of Democratic support for Biden at a time of persistently low poll numbers. The president will test the power of his campaign cash as he faces off with Trump, who proved with his 2016 win over Democrat Hillary Clinton that he didn’t need to raise the most money to seize the presidency.

During the nearly hourlong conversation, Obama and Clinton explained just how hard Biden’s job is. They spoke of loneliness and frustration over policies that work but aren’t immediately felt by the public. They gave an insider’s view of the office as they sought to explain why Biden was best for the job.

“It is a lonely seat,” said Obama, who had hitched a ride to New York on Air Force One with Biden.

The talk was by turns humorous and serious, ending with all three donning sunglasses in the mostly dark music hall, a nod to the trademark Ray-Ban sunglasses that Biden often wears.

The sold-out Radio City Music Hall event was a gilded exclamation mark on a recent burst of campaign travel by Biden, who has visited several political battlegrounds in the three weeks since his State of the Union address served as a rallying cry for his reelection bid . Thursday’s event also brought together more than three decades of Democratic leadership .

The music hall’s marquee advertised the big-dollar night as “An Evening with Joe Biden Barack Obama Bill Clinton.” NYPD officers lined surrounding streets as part of a heavy security presence.

Protesters angry at Biden’s handling of the war in Gaza and strong support of Israel briefly disrupted the show, drawing a pledge from Biden to keep working to stop civilian deaths, particularly of children. But he added, “Israel’s existence is at stake.” Hundreds more protested outside in the drizzling rain, many demanding a cease-fire and waving Palestinian flags.

Senate Majority Leader Chuck Schumer, D-N.Y., was up first to warm up the crowd of about 5,000 supporters. Entertainers, too, lined up to make the case for Biden. Lizzo belted out her hit “About Damn Time” and emcee Mindy Kaling joked that it was nice to be in a room with “so many rich people,” adding that she loved that they were supporting a president who openly promises to “raise your taxes.”

Obama laid out the choice for the audience, saying that “at the end of the day, you do have to make a choice about who sees you and cares about you. I’m pretty confident the other guy doesn’t.”

At one point, Colbert said he suspected some Americans had forgotten some of the more concerning aspects of Trump’s presidency, including Jan. 6, 2021, when a mob of Trump supporters violently stormed the U.S. Capitol in a failed effort to overturn the 2020 presidential election results.

Biden said concerns over the riot reverberated outside the U.S., with foreign leaders questioning the stability of the U.S. democracy. That democracy is still fragile, he said.

The fundraiser had different tiers of access depending on a donor’s generosity. Other participating celebrities included Queen Latifah, Ben Platt, Cynthia Erivo and Lea Michele. Tickets sold for as low as $225.

More money got donors more intimate time with the presidents. A photo with all three was $100,000. A donation of $250,000 earned donors access to one reception, and $500,000 got them into an even more exclusive gathering. First lady Jill Biden and DJ D-Nice hosted an afterparty at the music hall with 500 guests, the campaign said.

Obama and Clinton were helping Biden expand his already significant cash advantage over Trump. Biden had $155 million in cash on hand through the end of February, compared with $37 million for Trump and his Save America political action committee.

AP AUDIO: Biden fundraiser with Obama and Clinton nets a record high $25 million, the campaign says.

AP Washington correspondent Sagar Meghani reports a glitzy Biden campaign fundraiser tonight in New York is set to smash a record.

The more than $26 million tally for the New York City event includes money from supporters who handed over cash in the weeks before the fundraiser for a chance to attend. It raised $6 million more than Trump raised during February.

“This historic raise is a show of strong enthusiasm for President Biden and Vice President Harris and a testament to the unprecedented fundraising machine we’ve built,” said campaign co-chair Jeffrey Katzenberg. “Unlike our opponent, every dollar we’re raising is going to reach the voters who will decide this election — communicating the president’s historic record, his vision for the future and laying plain the stakes of this election.”

Trump’s campaign is expecting to bring in $33 million at a big fundraiser next week in Palm Beach, Florida, according to a person familiar with the details who spoke on condition of anonymity to confirm a number first reported by the Financial Times.

Trump has kept a low profile in recent weeks, partially because of courtroom appearances for various legal cases , the bills for which he’s paying with funds from donors. His next political rallies are scheduled for Tuesday in Michigan and Wisconsin. Some Republican leaders have become concerned that his campaign doesn’t have the infrastructure ready for a general election battle with Biden.

Trump was in the New York area on Thursday, attending the Long Island wake of a New York City police officer who was shot and killed during a traffic stop in Queens.

Republican Party Chairman Michael Whatley tried to framed the two candidates’ whereabouts on Thursday as a demonstration of a “contrast in leadership.”

“On the same day President Trump attended the wake of slain New York Police Department officer Jonathan Diller, Joe Biden wines and dines with celebrities at a fundraiser with Barack Obama and Bill Clinton,” he said in a statement.

The facts, said White House press secretary Karine Jean-Pierre, show that violent crime rose during Trump’s tenure while Biden’s administration has “done the polar opposite, taking decisive action from the very beginning to fund the police and achieving a historic reduction in crime.”

The setting was an unusual opportunity for the two past presidents to talk frankly about how they did the job, helping explain Biden and his presidency.

As the three men closed out the night by donning Biden’s trademark sunglasses, the president quipped, “Dark Brandon is real,” a nod to a meme featuring Biden with lasers for eyes.

Megerian reported from Washington. Associated Press writers Jill Colvin in New York and Darlene Superville in Kissimmee, Fla., contributed to this report.

Follow the AP’s coverage of the 2024 election at https://apnews.com/hub/election-2024 .

Watch CBS News

Biden holds record-breaking New York City fundraiser with Barack Obama and Bill Clinton

By Aaron Navarro , Jordan Freiman

Updated on: March 29, 2024 / 6:54 AM EDT / CBS News

President Biden participated in a star-studded fundraiser with former Democratic Presidents Barack Obama and Bill Clinton on Thursday in New York City in an event expected to raise more than $25 million for the president's re-election campaign.

Thursday's New York City fundraiser at Radio City Music Hall was hosted by actress Mindy Kaling and featured performances by several musical guests and artists, including Queen Latifah, Lizzo, Ben Platt, Cynthia Erivo and Lea Michele. The event was capped off with a nearly hourlong discussion between Mr. Biden, Obama and Clinton moderated by "The Late Show" host Stephen Colbert. 

Obama accompanied Mr. Biden on the Air Force One flight from Washington, D.C., to New York earlier in the day.  

House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and first lady Jill Biden also delivered remarks during the event. 

Schumer touted several of Mr. Biden's accomplishments and spoke of the potential for not just the president's re-election, but for Democrats to control all three branches of government with key wins in the 2024 election.

"Re-elect Joe Biden as president, put Hakeem Jeffries as Speaker, keep me as Majority Leader, and the next four years will be better than this. You ain't seen nothing yet," the Senate majority leader said.

The first lady, joined by several other members of the Biden family, recalled that after she agreed to marry Mr. Biden, "He said, 'Jill, I promise you, your life will never change.' Well that, of course, turned out to be wildly untrue."

She also spoke of the large sum raised for her husband's campaign.

"This is the biggest fundraiser the DNC has ever held – the fundraiser to end all fundraisers – and we've raised a record amount," Jill Biden said.

Mr. Biden, Obama and Clinton discussed a wide variety of topics, from the economy to the border to the Jan. 6, 2021 assault on the U.S. Capitol, which Mr. Biden bluntly referred to as an insurrection. 

"I was supposed to make a speech on the economy, and I decided I couldn't remain silent," Mr. Biden said. "So what I did was I made a speech about January the sixth, what was happening. And I said it was an insurrection underway, and it must be dealt with and I plead with the president to stop and do his job, call these people off. He sat there in the dining room off the Oval Office for several hours and watched, didn't do a damn thing. That's why I felt obliged even though I wasn't sworn in yet. I was president-elect."

The fundraiser was interrupted by demonstrators protesting against the war in Gaza multiple times, and one who appeared to be yelling something about nuclear with Russia, throughout the night. One interruption came while Obama was discussing Gaza, to which he replied "You can't just talk and not listen," leading the audience to give him a standing ovation.

"It is also possible for us to have our hearts broken watching innocent people being killed and try to manage through that in a way that ultimately leads to both people being able to live in peace side by side," Obama said. "That is not an easy thing."

"It is important for us to understand that it is possible to have moral clarity and have deeply held beliefs, but still recognize that the world is complicated and it is hard to solve these problems," the former president added.

There were also Pro-Palestinian protests outside the music hall, CBS News New York reported . The New York Police Department told CBS News one person was detained. There was no word on why.

The demonstrators were chanting and screaming their messages, directing their anger toward Mr. Biden and, at times, at police officers.

Mr. Biden reiterated his support for Israel and its right to self defense, but said there were "too many innocent victims" and that more aid needs to get into Gaza. Mr. Biden also expressed support for a two-state solution.

"It's understandable there's such a profound anger, and Hamas is still there, but we must in fact, stop the effort resulting in significant deaths of innocent civilians, particularly children," Mr. Biden said.

The campaign has billed the event as the "most successful political fundraiser in American history." 

During a swing through Texas earlier this month, the Biden campaign raised a combined $7 million from three separate fundraisers. A fundraiser for Mr. Biden in Raleigh, North Carolina, on Tuesday raised $2.3 million. 

Mr. Biden's largest single-day haul prior to Thursday came in the 24 hours after his  State of the Union address earlier in March, when he raised $10 million, according to his campaign.

But Thursday's staggering sum is a new record for the campaign, and it further illustrates the growing cash gap between Mr. Biden and his presumptive general election opponent, former President Donald Trump. 

Trump raised $20 million in the whole month of February and $8.8 million in January. He's also been dogged by legal bills and payments , with his campaign and the political action committees supporting him spending over $10 million in legal fees this year.

Mr. Biden's campaign committees have more than double the cash on hand of Trump's equivalent groups, $155 million for Mr. Biden and $74 million for Trump as of late March.

"Unlike our opponent, every dollar we're raising is going to reach the voters who will decide this election — communicating the President's historic record, his vision for the future and laying plain the stakes of this election," said Biden-Harris campaign co-chair and Hollywood mogul Jeffrey Katzenberg. 

Trump's campaign sent out two fundraising emails Wednesday mentioning Mr. Biden's Thursday fundraiser, with one calling on "one million Trump supporters to donate to beat the "Obama-Clinton cartel" and the other reading, "We can't lose to Obama!"

• Democratic Party

Aaron Navarro is a CBS News digital reporter covering Florida Governor Ron DeSantis' presidential campaign and the 2024 election. He was previously an associate producer for the CBS News political unit in the 2021 and 2022 election cycles.

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Trump’s Media Company Worth Nearly $8 Billion on First Trading Day

Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq, adding billions of dollars to the former president’s wealth.

By Matthew Goldstein and Joe Rennison

Former President Donald J. Trump’s social media company jumped on its first day of trading on the Nasdaq on Tuesday, giving the company an estimated market value of close to $8 billion, larger than established corporations like Mattel, Alaska Airlines and Western Union.

The biggest beneficiary of the market action has been Mr. Trump, who owns about 60 percent of Trump Media, making him the largest shareholder. His stake in the company — the parent of Truth Social, the online platform that is Mr. Trump’s main megaphone for reaching supporters and attacking critics — is worth about $4.6 billion on paper.

For many investors, investing is as much as a sign of support for Mr. Trump personally as it is for his relatively small, loss-making social media company, which describes itself as a platform that stands against censorship by Big Tech. Such was the frenzy on Tuesday that trading in Trump Media’s shares was briefly halted by the stock exchange shortly after it opened because of extreme volatility. After gaining as much as 40 percent, the stock eased toward the close, ending the day 16 percent higher.

Trump Media closed its merger with Digital World Acquisition Corporation, a cash-rich public shell company, on Monday.

“We do appreciate President Trump but it’s more about free speech,” said Mark Willis, 63, who lives in Indian Trail, N.C. and has been buying shares in the public shell company that merged with Trump Media ever since the merger plan was proposed in 2021. “We believe this is the only social media platform that is not heavily influenced by the government.”

Scott Lewczak, a graphic designer in Nokesville, Va., and another longtime shareholder, said he is going to make money on the big surge in the price of Trump Media, but that is not the point. He said his investment was to support Truth Social and Mr. Trump.

“Even if I lose every penny, I will fight to the end,” Mr. Lewczak said.

The investors who have piled into the stock of Digital World, and now Trump Media, have tended to be individuals, rather than investment firms and hedge funds.

By most traditional measures, Trump Media’s valuation is inordinately high. The company took in just $3.3 million in revenue during the first nine months of last year, all from advertising on Truth Social, and recorded a loss of $49 million.

That means Trump Media’s market value is nearly 2,000 times its estimated annual revenue. Investors sometimes assign lofty valuations to small, loss-making companies in anticipation of rapid growth — or a belief that other investors will continue to bid up a company’s shares, for whatever reason — but typically not on this scale.

Other social media companies trade at far smaller price-to-sales ratios than Trump Media: Reddit is around 10, Meta is 7 and Snap is 6, according to FactSet. High-flying tech stocks like the chipmakers Nvidia and ARM trade at price-to-sales ratios of about 25.

On a message board on Truth Social, created by supporters of the merger, some of these investors cheered on the stock-market debut of Trump Media.

“If anyone deserves to be a trillionaire, it is Donald J Trump,” one poster said. “Never bet against a billionaire with over a hundred million supporters who are determined to fix America and preserve freedom for all” said another.

Chad Nedohin, 40, who has been a vocal supporter of the merger on Truth Social, said in an interview that most people buying Trump Media’s stock are not focused on the valuation of the company but making sure Truth Social remains viable.

“You are looking at people who are investors and not traders,” said Mr. Nedohin, who lives in Canada and works as an engineer and a Christian worship leader. “We are seeing long-term holders who are MAGA and they are Trump’s base.”

Still, based on its trading patterns, Trump Media looks a lot like the so-called meme stocks — GameStop, AMC Entertainment and others — that were propelled to dizzying heights by armies of amateur investors during the pandemic. Meme stocks tend to trade more on emotion than fundamentals.

“It’s difficult to say how this will trade, but it definitely has the DNA of a meme stock, so we might see some extreme volatility,” said Kristi Marvin, a former investment banker and editor of SPACInsider, which gathers data on the market for special purpose acquisition companies.

Trump Media’s prospects met with skepticism on popular investment boards on the social media platform Reddit. “Do people really dare to buy this stock?” asked one poster.

Many of the publicly listed holders of the stock, with most filings dating to the end of 2023, are retail investment advisers who help facilitate trading on behalf of individual clients, and those contacted by The New York Times were broadly unwilling to express a view on Trump Media themselves.

“Our typical advice to our clients is that you are best owning a diversified portfolio,” said Kevin Grogan, chief investment officer for Buckingham Wealth Partners.

Digital World was founded as a special purpose acquisition company. The sole purpose of a SPAC is to raise money from investors and then merge with an operating business, which then becomes the publicly traded entity.

Any big investors that bought shares of Digital World or Trump Media would not be required to publicly disclose their holdings until the middle of May. Some big investors have shorted, or bet against, Trump Media shares, on the assumption that the company cannot continue to trade at such a heady price.

Trump Media, according to S3 Partners, a financial data company, is now the most shorted company to merge with a SPAC in the United States.

The merger between Trump Media and Digital World this week was completed as Mr. Trump faced a deadline to secure a bond to cover a big penalty imposed by a judge in a civil fraud case. But in a break for Mr. Trump, an appellate court reduced the amount that he would need to post, to $175 million from $454 million, and gave him more time to raise the money.

The appellate court’s action seemed to ease the pressure on Mr. Trump to try to tap his newfound Trump Media wealth. To do so, he would need the company’s new seven-member board to remove a restriction that prevents him from selling shares or using shares as collateral for six months.

The board may still vote to loosen that restriction if that is what Mr. Trump wants. He holds tremendous sway over the company: Besides owning about 60 percent of Trump Media’s stock, he owns a separate class of shares that gives him at least 55 percent voting power over any measure presented for a shareholder vote. And the company’s seven-member board is stacked with loyalists, including his eldest son, Donald Trump Jr.

But now that Mr. Trump no longer faces an urgent need to raise a large amount of cash, he might be content to let the six-month restriction on selling shares remain. From Mr. Trump’s perspective, the surging price of Trump Media’s shares gives him bragging rights on the campaign trail. One of his political calling cards has been to talk about his success as a businessman and his enormous wealth — something that’s easier for him to do since the merger.

The bigger challenge for Trump Media’s board is coming up with a strategy to increase the company’s business and expand the reach of Truth Social in order to justify the company’s valuation. Truth Social is a relative minnow in the social media universe and largely dependent on Mr. Trump’s posts for drawing traffic.

In merging with Digital World, Trump Media got a badly needed infusion of roughly $300 million in cash that Digital World had raised from investors. Without that infusion, Trump Media and Truth Social were looking at potentially shutting down.

And as a public company, Trump Media will be required to file periodic financial reports with the Securities and Exchange Commission and reveal in detail any deals it may strike with Mr. Trump.

“In a public company you have the scrutiny now of investors and regulators,” said Usha Rodrigues, a professor of corporate law at the University of Georgia School of Law. “Any stockholder now has standing to bring a lawsuit if they claim one of the company’s statements is misleading.”

Matthew Goldstein covers Wall Street and white-collar crime and housing issues. More about Matthew Goldstein

Joe Rennison writes about financial markets, a beat that ranges from chronicling the vagaries of the stock market to explaining the often-inscrutable trading decisions of Wall Street insiders. More about Joe Rennison

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