Friday☕️

Friday☕️

Trending:

  • Venezuelan 2024 Election
  • Amazon Drones & Robotics

Markets:

  • Yesterday’s U.S. stock market:
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  • Yesterday’s commodity market:
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  • Yesterday’s crypto market:
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Venezuelan 2024 Election:

  • Following years of political turmoil and allegations of election fraud, the Venezuelan government and the opposition have taken a monumental step by agreeing to hold internationally monitored elections, signaling a potential path toward renewed democracy in the nation. Central to the political crisis was the contested 2018 presidential election, where Nicolás Maduro's victory was viewed with skepticism both domestically and internationally.
  • Allegations of election manipulation led to a significant political divide. The fallout saw many opposition leaders either jailed, forced into exile, or prohibited from running for public office. In response to the deteriorating democratic norms and human rights conditions in Venezuela, the U.S., among other nations, levied sanctions against Maduro's administration.
  • These sanctions aimed to pressure the Venezuelan government into restoring democratic order and engaging in constructive dialogues with the opposition. The recent agreement between the Venezuelan government and the opposition to hold elections under international oversight is viewed as a pivotal move towards re-establishing democracy in the country.

Amazon Drones & Robotics:

  • Amazon is set to expand its drone delivery service to the UK, Italy, and another U.S. city by 2024 using its advanced MK30 drone. This drone can fly further, operate quietly, and handle diverse weather conditions, including light rain and temperature extremes. The MK30 is equipped with sensors to detect and dodge obstacles in real-time.
  • Currently, drones can deliver packages weighing up to 5 pounds within an hour, as seen in test areas like Lockeford, California, and College Station, Texas. These drones dispatch from dedicated Prime Air Centers, but Amazon aims to incorporate drones into its standard delivery system soon.
  • Amazon is also experimenting with humanoid robots named "Digit" in its warehouses. These robots, developed by Agility Robotics, are designed to mimic human movements, making them efficient in handling items within spaces tailored for humans. Despite concerns that robots may replace human jobs, Amazon assures that Digit is meant to collaborate with human workers.
  • Initially, Digit will assist with tasks like recycling empty totes. The company already utilizes over 750,000 robots to aid human employees with repetitive tasks. Agility Robotics, backed by Amazon, is set to open a new factory in Oregon, aiming to produce 10,000 robots annually, with broad availability projected for 2025.

Statistic:

  • Top 50 companies by market cap:
  1. 🇺🇸 Apple: $2.749T
  2. 🇺🇸 Microsoft: $2.461T
  3. 🇸🇦 Saudi Aramco: $2.162T
  4. 🇺🇸 Alphabet (Google): $1.747T
  5. 🇺🇸 Amazon: $1.324T
  6. 🇺🇸 NVIDIA: $1.042T
  7. 🇺🇸 Meta Platforms: $815.61B
  8. 🇺🇸 Berkshire Hathaway: $739.13B
  9. 🇺🇸 Tesla: $698.62B
  10. 🇺🇸 Eli Lilly: $560.84B
  11. 🇺🇸 UnitedHealth: $492.45B
  12. 🇺🇸 Visa: $486.27B
  13. 🇹🇼 TSMC: $481.86B
  14. 🇺🇸 Exxon Mobil: $447.88B
  15. 🇩🇰 Novo Nordisk: $438.42B
  16. 🇺🇸 Walmart: $432.72B
  17. 🇺🇸 JPMorgan Chase: $420.03B
  18. 🇫🇷 LVMH: $383.80B
  19. 🇺🇸 Johnson & Johnson: $377.69B
  20. 🇺🇸 Broadcom: $366.10B
  21. 🇺🇸 Mastercard: $365.45B
  22. 🇨🇳 Tencent: $358.00B
  23. 🇺🇸 Procter & Gamble: $349.40B
  24. 🇰🇷 Samsung: $333.71B
  25. 🇺🇸 Chevron: $322.57B
  26. 🇨🇭 Nestlé: $298.99B
  27. 🇺🇸 Oracle: $296.78B
  28. 🇺🇸 Home Depot: $286.79B
  29. 🇨🇳 Kweichow Moutai: $284.26B
  30. 🇺🇸 AbbVie: $256.85B
  31. 🇺🇸 Merck: $254.84B
  32. 🇺🇸 Costco: $254.41B
  33. 🇺🇸 Adobe: $253.99B
  34. 🇦🇪 International Holding Company: $239.21B
  35. 🇯🇵 Toyota: $239.06B
  36. 🇳🇱 ASML: $237.85B
  37. 🇺🇸 Coca-Cola: $235.02B
  38. 🇬🇧 Shell: $225.54B
  39. 🇺🇸 Pepsico: $222.76B
  40. 🇫🇷 L'Oréal: $222.49B
  41. 🇨🇳 ICBC: $218.22B
  42. 🇺🇸 Cisco: $217.79B
  43. 🇺🇸 Bank of America: $213.61B
  44. 🇬🇧 AstraZeneca: $213.30B
  45. 🇨🇭 Roche: $208.87B
  46. 🇨🇳 Alibaba: $208.51B
  47. 🇺🇸 Salesforce: $202.69B
  48. 🇨🇭 Novartis: $197.17B
  49. 🇮🇪 Accenture: $190.28B
  50. 🇫🇷 Hermès: $189.14B

Article Links:

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