Tuesday☕️

Tuesday☕️

Trending:

  • Classified Documents
  • Tesla

Markets/Economies:

  • Yesterday's US stock market:
TradingView
  • Yesterday's crypto market:
TradingView @7:52 PM EST

Classified Documents:

  • The US is investigating the source of a leak of over 100 classified documents. If verified, this would be one of the most severe leaks since Edward Snowden's in 2013.
  • These files first appeared on a Minecraft Discord server in March and gained attention when shared on other social networks last week.
  • The documents include information on Ukrainian military details, global internal politics, and confidential aid data for Ukraine. The Department of Defense is working to determine the source of the leaks.

Tesla:

  • Tesla is growing its presence in China by planning a new Megafactory in Shanghai, in addition to its existing Gigafactory that manufactures cars.
  • The new facility will produce Megapack batteries, which are large-scale energy storage units catering to the increasing demand for renewable energy solutions.
  • Tesla aims to expand Tesla's battery operations to rival its car production. Last year, Tesla's Shanghai automotive plant produced nearly 711,000 vehicles, making up the majority of the company's worldwide output.

Business:

  • The Super Mario Bros. Movie generated $377 million in worldwide box office revenue and $204.6 million in domestic sales from Wednesday to Sunday, per Comscore.
  • TikTok's parent company, ByteDance, experienced a 30% increase in sales in 2022, reaching $85 billion, with profits soaring 79% to $25 billion. Valued at $300 billion last year, ByteDance holds the title of the world's most valuable private company.

Statistic:

  • Largest automakers by market cap:
  1. Tesla: $584.76 B
  2. Toyota: $187.42 B
  3. Porsche: $116.64 B
  4. BYD: $101.16 B
  5. Mercedes-Benz: $78.79 B
  6. Volkswagen: $76.55 B
  7. BMW: $70.61 B
  8. Stellantis: $56.08 B
  9. Ford: $50.87 B
  10. General Motors: $49.83 B

Article Links:

Bitcoin Explained
Bitcoin is a decentralized digital currency created in 2009 by an unknown person or group using the name Satoshi Nakamoto. The origins of Bitcoin are shrouded in mystery, and the true identity of its creator(s) remains unknown to this day. However, the impact that Bitcoin has had on the
Ethereum Explained
Ethereum is a platform that has redefined the possibilities of blockchain technology. This decentralized platform, built for creating and deploying smart contracts and decentralized applications (dApps), has far-reaching implications across various industries. This comprehensive guide will dive deep…
Cloud Computing
Cloud computing has revolutionized the way businesses operate in recent years. Cloud computing is a model for delivering computing services over the internet and has transformed the way companies manage their IT infrastructure. Cloud computing is a technology that enables businesses to access comput…

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