Monday☕️

Trending:

• Israel‘s Iron Beam
• Qatar Airways Partners with SpaceX

Markets:

• Five years of Microsoft performance:

• Five years of Visa performance:

• Five years of McDonald’s performance:

• Five years of Bitcoin performance

Israel’s Iron Beam:

• Facing escalating tensions with Hamas, Israel plans to introduce its state-of-the-art Iron Beam laser system earlier than anticipated, enhancing its air defense. Designed to tackle short-range threats, this laser will be a key addition to Israel's multifaceted missile defense setup.
• Revealed by the Israeli defense company Rafael Advanced Defense Systems in 2014, the Iron Beam is a potent energy-focused air defense mechanism. Its primary role is countering threats in proximity, potentially missed by the Iron Dome.
• While an Iron Dome missile interception costs about $50,000, the Iron Beam operates at $2 per intercept. Utilizing a hefty 100kW of power and boasting a reach of 7 km, it's equipped to neutralize drones as well. It joins the ranks of other defense tools Israel possesses, such as Arrow 2, Arrow 3, and David's Sling.

Qatar Airways Partners with SpaceX:

• Qatar Airways has now partnered with SpaceX to offer passengers free Starlink WiFi on board, boasting speeds reaching 350Mbps for every traveler.
• This collaboration marks Qatar Airways as the premier airline to collaborate with Starlink. The new arrangement means travelers won't just receive complimentary WiFi but will also benefit from significantly boosted download speeds.
• This upgrade propels download speeds from the current 10Mbps provided by QR's Super WiFi to an impressive 350Mbps per user or device. When this service is up and running, passengers can anticipate ultra-rapid WiFi, suitable for activities like online communications, gaming, using VPNs, streaming sports, and more.

Statistic:

• Top 50 banks by market cap:

1. 🇺🇸 JPMorgan Chase: $430.10B
2. 🇨🇳 ICBC: $223.02B
3. 🇺🇸 Bank of America: $212.64B
4. 🇨🇳 Agricultural Bank of China: $174.34B
5. 🇬🇧 HSBC: $158.13B
6. 🇨🇳 China Construction Bank: $151.47B
7. 🇺🇸 Wells Fargo: $149.86B
8. 🇮🇳 HDFC Bank: $147.08B
9. 🇨🇳 Bank of China: $144.65B
10. 🇺🇸 Morgan Stanley: $128.89B
11. 🇨🇦 Royal Bank Of Canada: $117.00B
12. 🇨🇳 CM Bank: $111.03B
13. 🇨🇦 Toronto Dominion Bank: $107.70B
14. 🇦🇺 Commonwealth Bank: $106.89B
15. 🇺🇸 Goldman Sachs: $101.96B
16. 🇯🇵 Mitsubishi UFJ Financial: $100.17B
17. 🇺🇸 Charles Schwab: $93.47B
18. 🇮🇳 ICICI Bank: $80.70B
19. 🇺🇸 Citigroup: $79.78B
20. 🇨🇭 UBS: $79.35B
21. 🇮🇩 Bank Central Asia: $71.75B
22. 🇫🇷 BNP Paribas: $70.49B
23. 🇸🇦 Al Rajhi Bank: $69.36B
24. 🇯🇵 Sumitomo Mitsui Financial Group: $65.43B
25. 🇨🇳 Postal Savings Bank of China: $65.40B
26. 🇸🇬 DBS Group: $63.42B
27. 🇮🇳 State Bank of India: $61.81B
28. 🇮🇳 Housing Development Finance Corporation: $60.81B
29. 🇪🇸 Santander: $60.02B
30. 🇨🇦 Bank of Montreal: $58.15B
31. 🇦🇺 National Australia Bank: $58.02B
32. 🇨🇳 Bank of Communications: $54.21B
33. 🇧🇷 Itaú Unibanco: $53.03B
34. 🇨🇦 Scotiabank: $52.76B
35. 🇮🇩 Bank Rakyat Indonesia: $51.05B
36. 🇸🇦 The Saudi National Bank: $50.98B
37. 🇺🇸 U.S. Bancorp: $50.08B
38. 🇦🇺 ANZ Bank: $48.75B
39. 🇪🇸 Banco Bilbao Vizcaya Argentaria: $48.39B
40. 🇦🇺 Westpac Banking: $47.58B
41. 🇺🇸 PNC Financial Services: $47.04B
42. 🇳🇱 ING: $46.72B
43. 🇨🇳 Industrial Bank: $46.29B
44. 🇮🇹 Intesa Sanpaolo: $46.02B
45. 🇯🇵 Mizuho Financial Group: $43.26B
46. 🇸🇬 OCBC Bank: $42.80B
47. 🇮🇳 Kotak Mahindra Bank: $42.09B
48. 🇦🇺 Macquarie: $41.71B
49. 🇮🇹 UniCredit: $41.41B
50. 🇨🇳 CITIC Securities: $41.13B

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