Saturday☕️

Saturday☕️

Trending:

  • U.S. Border Crisis
  • SEC's Private Message App Probe
  • DOD AI Security Center

Markets:

  • Yesterday's U.S. stock market:
TradingView
  • Yesterday's commodity market:
TradingView @7:39 PM EST
  • Yesterday's crypto market:
TradingView @7:39 PM EST

U.S. Border Crisis:

  • Recent events at the Texas-Mexico border underscore the escalating concerns surrounding U.S. border security. With migrants arriving not just from Mexico but from across the globe, the southern border is increasingly perceived as an open gateway for international migration. Statistics show that the influx of unauthorized immigrants has nearly doubled each year over the past few years, and is only getting worse.
  • This border security issue is at the center of the current U.S. government budget debates, acting as a primary driver for the looming government shutdown. While the GOP is pushing to allocate more funding to enhance border security, the Senate opposes such measures.
  • The standoff over these opposing views on immigration and border security funding is central to the current legislative gridlock, emphasizing the urgent need for a resolution to prevent potential disruptions in government services and operations.

SEC's Private Message App Probe:

  • The U.S. Securities and Exchange Commission (SEC) has intensified its investigation into Wall Street's use of private messaging apps by collecting thousands of messages from employees at major investment firms.
  • Initially, the SEC had requested these companies to review their internal messages related to apps like WhatsApp and Signal. The probe began two years ago, focusing on potential violations of record-keeping rules and has already resulted in over $2 billion in fines.
  • The expansion of the investigation into investment advisers, especially its direct examination of their messages, is a new development. By doing so, the SEC is increasing the pressure on these firms and their senior executives, as their communications are now directly under the regulator's scrutiny.

DOD AI Security Center:

  • Army Gen. Paul M. Nakasone, the National Security Agency Director, has unveiled a new AI Security Center to streamline and enhance artificial intelligence (AI) integration within U.S. national security systems. This center aims to develop best practices, evaluation methods, and risk strategies for AI's secure implementation across national defense structures.
  • By collaborating with the U.S. industry, academia, national labs, and select international allies, the center will ensure the U.S. remains at the forefront of AI capabilities. Recognizing AI's growing significance in national security, recent U.S. strategies have been updated to align with AI advancements, including autonomous weapon systems and guidelines for responsible AI usage.
  • Nakasone emphasized that, while the U.S. currently leads in AI, this advantage could be threatened by adversaries exploiting AI advancements. Hence, there's a pressing need to protect AI systems from vulnerabilities and foreign intelligence threats.

Statistic:

Top 50 companies by market cap:

  1. 🇺🇸 Apple: $2.676T
  2. 🇺🇸 Microsoft: $2.345T
  3. 🇸🇦 Saudi Aramco: $2.258T
  4. 🇺🇸 Alphabet (Google): $1.656T
  5. 🇺🇸 Amazon: $1.311T
  6. 🇺🇸 NVIDIA: $1.074T
  7. 🇺🇸 Tesla: $794.19B
  8. 🇺🇸 Meta Platforms: $772.48B
  9. 🇺🇸 Berkshire Hathaway: $763.63B
  10. 🇺🇸 Eli Lilly: $509.89B
  11. 🇺🇸 Visa: $478.37B
  12. 🇺🇸 Exxon Mobil: $468.73B
  13. 🇺🇸 UnitedHealth: $467.03B
  14. 🇹🇼 TSMC: $450.69B
  15. 🇺🇸 Walmart: $430.46B
  16. 🇺🇸 JPMorgan Chase: $421.44B
  17. 🇫🇷 LVMH: $416.38B
  18. 🇩🇰 Novo Nordisk: $407.94B
  19. 🇺🇸 Johnson & Johnson: $375.59B
  20. 🇺🇸 Mastercard: $373.03B
  21. 🇨🇳 Tencent: $368.17B
  22. 🇺🇸 Procter & Gamble: $343.77B
  23. 🇺🇸 Broadcom: $342.80B
  24. 🇰🇷 Samsung: $335.34B
  25. 🇺🇸 Chevron: $321.65B
  26. 🇨🇳 Kweichow Moutai: $309.12B
  27. 🇨🇭 Nestlé: $302.99B
  28. 🇺🇸 Home Depot: $302.18B
  29. 🇺🇸 Oracle: $290.15B
  30. 🇺🇸 AbbVie: $263.09B
  31. 🇺🇸 Merck: $261.23B
  32. 🇺🇸 Costco: $252.92B
  33. 🇯🇵 Toyota: $243.05B
  34. 🇺🇸 Coca-Cola: $242.07B
  35. 🇦🇪 International Holding Company: $239.24B
  36. 🇺🇸 Pepsico: $233.24B
  37. 🇺🇸 Adobe: $232.15B
  38. 🇫🇷 L'Oréal: $231.72B
  39. 🇳🇱 ASML: $231.57B
  40. 🇨🇭 Roche: $220.93B
  41. 🇨🇳 Alibaba: $220.90B
  42. 🇺🇸 Cisco: $217.98B
  43. 🇨🇳 ICBC: $217.72B
  44. 🇺🇸 Bank of America: $217.57B
  45. 🇬🇧 Shell: $213.99B
  46. 🇨🇭 Novartis: $210.67B
  47. 🇬🇧 AstraZeneca: $210.58B
  48. 🇫🇷 Hermès: $210.54B
  49. 🇺🇸 Salesforce: $197.30B
  50. 🇺🇸 Thermo Fisher Scientific: $195.35B

Article Links:

VPN’s Explained
In a world where data privacy and security have become increasingly important, Virtual Private Networks (VPNs) have emerged as a popular tool for protecting internet users’ online activity. This article will explore the origins of VPNs, what they are, their applications, and their potential for both…
Nuclear Energy
The conception of nuclear energy can be traced back to the early 20th century. The groundwork for this revolutionary energy source was primarily laid by luminaries in the field of physics. Albert Einstein’s special theory of relativity, epitomized by the equation E=mc², hinted at the immense energy…

Thanks for reading!

TIME IS MONEY: Your Free Daily Scoop of Markets📈, Business💼, Tech📲🚀, and Global 🌎 News.

The news you need, the time you want.

TIME IS MONEY
TIME IS MONEY: A Free Daily Email Newsletter of Markets📈, Business💼, Tech📲🚀, and Global 🌎 News.

Support/Suggestions Email:

timeismoney@timeismon.com