Saturday☕️

Saturday☕️

Trending:

  • Bed Bath & Beyond

Stocks/Economy:

  • Yesterday's US market performance:
Data: TradingView @4:00 PM EST
  • This week, Bed Bath & Beyond stock had a significant price increase of 103.34% after meme stock traders created a short squeeze as the company looks to declare bankruptcy.
Data: TradingView
  • BBBY market cap: $429 million
  • Earnings Per Share (EPS): -15.21

Crypto:

  • Yesterday's market data:
Data: TradingView @7:44 PM EST
  • FTX bankruptcy team has recovered $5 billion worth of assets.
  • Federal prosecutors plan to seize $500 million worth of FTX assets.

Business News:

  • Twitter is facing a legal challenge from former employees in the UK who say the company's recent layoffs were "unlawful."
  • OpenAl is testing a professional version of ChatGPT, which it would charge to access.
  • Intel released a new microprocessor called Sapphire Rapids earlier this week after more than a year of delays.
  • Apple CEO Tim Cook asked and received a -40% pay cut.
  • Goldman Sachs just launched its biggest cost-cutting efforts since the 2008 financial crisis, laying off 3,200 employees (or 6.5% of its entire workforce) this week.

The Twitter Files:

  • Link to the Tweet storm ⬇:
@mtaibbi on Twitter

Age of Popular Companies in 2023:

  • Twitter: 17
  • Facebook: 19
  • Tesla: 20
  • SpaceX: 21
  • Google: 25
  • Netflix: 26
  • Amazon: 29
  • Dell: 39
  • Apple: 47
  • Microsoft: 48
  • Sony: 77
  • Samsung: 85
  • Mercedes-Benz: 97
  • Disney: 100
  • BMW: 107
  • IBM: 112
  • Ford: 120
  • Nintendo: 134
  • Nokia: 158

TIME IS MONEY Article:

  • Over the past few years, the space industry has been rapidly advancing.
  • The following article is to inform you on developments, big players, and ambitions of the space industry.
  • Article link ⬇:
Beyond Earth: Ambitions of the Space Industry
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