Saturday☕️

Trending:

• Ukraine Aid
• New York Trump Verdict

Markets:

• Yesterday’s U.S. stock market:

• Yesterday’s commodity market:

• Yesterday’s crypto market:

Ukraine Aid:

• The Department of Defense (DOD) has issued an announcement saying without funding, Ukraine's ability to sustain its defense against Russian aggression can collapse. The DOD's message explains; despite the considerable military aid from international allies, the absence of these funds poses a severe risk not just to Ukraine but also to broader global stability.
• Already, the impact of this funding shortfall is visible in the strategic city of Avdiivka in the Donbas region, where Ukrainian forces are running low on ammunition and essential supplies, highlighting the precarious situation faced without additional financial support. The DOD's appeal to Congress emphasizes the urgency of passing the supplemental funding to prevent further deterioration of Ukraine's defense capabilities, as the conflict has resulted in over 500,000 casualties.

New York Trump Verdict:

• Judge Arthur Engoron ruled against Donald Trump and his Trump Organization in a civil business fraud case, ordering them to pay more than $350 million in damages. Additionally, Trump is prohibited from acting as an officer or director in any New York-based corporation or legal entity for three years. The ruling includes maintaining an independent monitor and appointing an independent Director of Compliance for the Trump Organization.
• This judgment marks the second adverse ruling against Trump this year, following an $83.3 million defamation case verdict related to writer E. Jean Carroll last month. Amidst his presidential campaign, Trump faces the possibility of four criminal trials, with the first scheduled to start on March 25th in a New York state court.
• The lawsuit, led by New York Attorney General Letitia James, sought $370 million from Trump, his company, and top executives, including his sons. This involved overstating financial records and statements, up to $2.2 billion, to secure favorable bank loans and insurance policies, resulting in substantial profits. Despite these multiple legal actions, Trump continues to gain momentum in the 2024 presidential election race.

Statistic:

• Largest tech companies by market capitalization:

1. 🇺🇸 Microsoft: $3.002T
2. 🇺🇸 Apple: $2.815T
3. 🇺🇸 NVIDIA: $1.793T
4. 🇺🇸 Amazon: $1.760T
5. 🇺🇸 Alphabet (Google): $1.753T
6. 🇺🇸 Meta Platforms: $1.206T
7. 🇹🇼 TSMC: $657.06B
8. 🇺🇸 Tesla: $636.79B
9. 🇺🇸 Broadcom: $583.06B
10. 🇳🇱 ASML: $366.55B
11. 🇰🇷 Samsung: $365.14B
12. 🇨🇳 Tencent: $351.92B
13. 🇺🇸 Oracle: $305.98B
14. 🇺🇸 AMD: $280.93B
15. 🇺🇸 Salesforce: $280.44B
16. 🇺🇸 Netflix: $252.71B
17. 🇺🇸 Adobe: $247.09B
18. 🇩🇪 SAP: $206.93B
19. 🇺🇸 Cisco: $196.83B
20. 🇨🇳 Alibaba: $186.69B
21. 🇺🇸 Intel: $183.96B
22. 🇺🇸 Intuit: $183.56B
23. 🇨🇳 Pinduoduo: $179.70B
24. 🇺🇸 IBM: $171.33B
25. 🇺🇸 QUALCOMM: $170.40B
26. 🇺🇸 Applied Materials: $166.05B
27. 🇺🇸 Uber: $162.81B
28. 🇺🇸 ServiceNow: $156.82B
29. 🇺🇸 Texas Instruments: $145.83B
30. 🇬🇧 Arm Holdings: $131.94B
31. 🇺🇸 Booking Holdings (Booking.com): $129.68B
32. 🇫🇷 Schneider Electric: $121.44B
33. 🇺🇸 Lam Research: $121.40B
34. 🇺🇸 Palo Alto Networks: $115.52B
35. 🇯🇵 Keyence: $111.27B
36. 🇯🇵 Sony: $110.57B
37. 🇯🇵 Tokyo Electron: $109.13B
38. 🇨🇦 Shopify: $104.63B
39. 🇺🇸 Automatic Data Processing: $103.91B
40. 🇺🇸 Airbnb: $97.74B
41. 🇺🇸 Analog Devices: $93.34B
42. 🇺🇸 KLA: $89.43B
43. 🇦🇷 MercadoLibre: $89.42B
44. 🇺🇸 Fiserv: $88.85B
45. 🇺🇸 Micron Technology: $87.76B
46. 🇺🇸 Synopsys: $84.32B
47. 🇺🇸 Arista Networks: $81.83B
48. 🇺🇸 Equinix: $80.38B
49. 🇺🇸 Workday: $79.60B
50. 🇺🇸 CrowdStrike: $79.06B
51. 🇺🇸 Cadence Design Systems: $79.03B
52. 🇰🇷 SK Hynix: $75.89B
53. 🇺🇸 Snowflake: $75.72B
54. 🇨🇳 NetEase: $70.71B
55. 🇯🇵 Nintendo: $69.13B
56. 🇺🇸 PayPal: $63.38B
57. 🇫🇷 Dassault Systèmes: $62.50B
58. 🇳🇱 NXP Semiconductors: $59.84B
59. 🇺🇸 Dell: $59.48B

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