Thursday☕️

Thursday☕️

Trending:

  • VF Cyberattack
  • Tylenol‘s Legal Battle

Markets:

  • Yesterday’s U.S. stock market:
TradingView
  • Yesterday’s commodity market:
TradingView @8:15 PM EST
  • Yesterday’s crypto market:
TradingView @8:16 PM EST

VF Cyberattack:

  • VF Corporation, owner of well-known brands like The North Face, Vans, and Dickies, recently faced a major cyberattack that has affected its operations and order fulfillment capabilities.
  • This cybersecurity breach, detected on December 13, led to the encryption of the company's IT systems and theft of data, including personal information. Despite this, VF's retail stores worldwide remain operational, and most brand e-commerce sites are still accepting orders. However, the company is currently facing challenges in fulfilling these orders.
  • While VF has not explicitly labeled the incident as a ransomware attack, the description of encrypted IT systems and data theft suggests it could be. VF has taken immediate action to contain the breach by engaging a cybersecurity firm for investigation and is also cooperating with federal law enforcement.
  • The impact of this cyberattack on VF Corporation is significant, as noted in their report to the U.S. Securities and Exchange Commission. It's part of a recent wave of cyber incidents targeting multinational corporations, highlighting the growing threat and impact of digital security breaches in today's interconnected business landscape.

Tylenol‘s Legal Battle:

  • In a recent legal development, a judge recently dismissed numerous lawsuits claiming that the use of Tylenol during pregnancy causes autism and ADHD in children.
  • Tylenol, known for its active ingredient acetaminophen, is widely recommended by medical professionals for managing pain in pregnant women. However, recent allegations have emerged, with parents of children diagnosed with autism or ADHD filing lawsuits against Kenvue, the company behind Tylenol, and other related firms.
  • These suits accused acetaminophen of being a contributing factor to these developmental disorders. The judge, however, found the presented evidence insufficient to establish a causal link between Tylenol use during pregnancy and the onset of autism or ADHD in children, resulting in a major setback for the plaintiffs.

Statistic:

Largest companies by market capitalization:

  1. 🇺🇸 Apple: $3.030T
  2. 🇺🇸 Microsoft: $2.754T
  3. 🇸🇦 Saudi Aramco: $2.138T
  4. 🇺🇸 Alphabet (Google): $1.738T
  5. 🇺🇸 Amazon: $1.572T
  6. 🇺🇸 NVIDIA: $1.188T
  7. 🇺🇸 Meta Platforms: $897.60B
  8. 🇺🇸 Tesla: $785.63B
  9. 🇺🇸 Berkshire Hathaway: $776.40B
  10. 🇺🇸 Eli Lilly: $541.30B
  11. 🇺🇸 Visa: $528.40B
  12. 🇹🇼 TSMC: $518.84B
  13. 🇺🇸 JPMorgan Chase: $481.49B
  14. 🇺🇸 UnitedHealth: $477.19B
  15. 🇺🇸 Broadcom: $458.58B
  16. 🇩🇰 Novo Nordisk: $451.71B
  17. 🇺🇸 Walmart: $413.82B
  18. 🇫🇷 LVMH: $409.11B
  19. 🇺🇸 Exxon Mobil: $404.75B
  20. 🇺🇸 Mastercard: $393.35B
  21. 🇰🇷 Samsung: $381.13B
  22. 🇨🇳 Tencent: $374.03B
  23. 🇺🇸 Johnson & Johnson: $368.96B
  24. 🇺🇸 Home Depot: $347.00B
  25. 🇺🇸 Procter & Gamble: $339.18B
  26. 🇨🇭 Nestlé: $298.64B
  27. 🇺🇸 Costco: $293.34B
  28. 🇨🇳 Kweichow Moutai: $290.46B
  29. 🇳🇱 ASML: $287.89B
  30. 🇺🇸 Oracle: $286.30B
  31. 🇺🇸 Chevron: $283.63B
  32. 🇺🇸 Adobe: $271.38B
  33. 🇺🇸 AbbVie: $267.81B
  34. 🇺🇸 Merck: $266.98B
  35. 🇫🇷 L'Oréal: $262.97B
  36. 🇺🇸 Bank of America: $260.99B
  37. 🇺🇸 Salesforce: $251.92B
  38. 🇺🇸 Coca-Cola: $249.07B
  39. 🇯🇵 Toyota: $244.18B
  40. 🇦🇪 International Holding Company: $238.61B
  41. 🇫🇷 Hermès: $232.26B
  42. 🇺🇸 Pepsico: $227.80B
  43. 🇨🇭 Roche: $227.34B
  44. 🇨🇳 ICBC: $222.64B
  45. 🇺🇸 AMD: $218.85B
  46. 🇺🇸 Netflix: $214.14B
  47. 🇮🇪 Accenture: $212.86B
  48. 🇬🇧 Shell: $212.68B
  49. 🇺🇸 McDonald's: $209.61B
  50. 🇮🇳 Reliance Industries: $205.71B

Article Links:

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In our digital age, social media platforms are the cornerstones of our daily lives, shaping our interactions, perceptions, and decisions. Far from being passive receptacles of content, these platforms use complex algorithms to determine the content we see, when we see it, and how it is presented. Mastering these algorithms

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