Saturday☕️

Trending:

• Balloons
• Elon Musk Trial

Stocks/Economies:

• Yesterday's US market data:

• 41% of US job cuts (in January) came from the the tech industry.

Crypto:

• Yesterday's market data:

Spy Balloons:

• According to a Friday night statement from the US Defense Department, a new surveillance balloon has been spotted flying over Latin America.
• The US Defense Department confirmed that the balloon can maneuver and is a confirmed Chinese surveillance balloon.
• A video was filmed in MT that appears to be an explosion in the sky. News channels around the globe have commented on the post to confirm what the individual saw.
• The US government has not confirmed if this was the spy balloon.
• Disclaimer: This video can be fake or a video from another time.

Elon Musk Trial:

• The jury ruled against investors who claimed that Elon Musk broke federal laws with his tweets about taking Tesla private in 2018.
• The 9-member jury stated that the investors were unable to show that Musk's tweets caused harm to their investments.

Business:

• General Motors announced a $650 million direct investment into Lithium Americas, a mining company, to support the development of a mine in Nevada.
• Meta is closing down Echo VR.
• AMD experienced a 44% increase in its 2022 revenue
• OpenAI (creator of ChatGPT) launched a public beta version of a tool to detect AI-generated text.
• This week, JPMorgan's timber investment division invested over $500 million in 250,000 acres of commercial forest.

Tesla's annual revenue since 2007:

• 2007 - $73,000
• 2008 - $15,000,000
• 2009 - $112,000,000
• 2010 - $117,000,000
• 2011 - $204,000,000
• 2012 - $413,000,000
• 2013 - $2,000,000,000
• 2014 - $3,000,000,000
• 2015 - $4,000,000,000
• 2016 - $7,000,000,000
• 2017 - $12,000,000,000
• 2018 - $22,000,000,000
• 2019 - $25,000,000,000
• 2020 - $32,000,000,000
• 2021 - $54,000,000,000
• 2022 - $81,000,000,000

Informative Article Links ⬇️:

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Blockchain Explained:

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