Tuesday☕️
Trending:
- Matt Gaetz Initiates Campaign To Remove Kevin McCarthy As House Speaker
- Visa's AI Investments
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Matt Gaetz Initiates Campaign To Remove Kevin McCarthy As House Speaker:
- Matt Gaetz has initiated a move to remove Kevin McCarthy as the House Speaker, sparking tensions within the Republican Party. Gaetz, supported by a few other Republicans, had warned McCarthy about depending on Democratic votes for spending bills.
- The recent bill passed with Democratic support became a trigger for Gaetz's action. Gaetz hinted at McCarthy's alleged secret dealings with President Biden regarding Ukraine. However, it's uncertain if Gaetz has the required 218 votes for this action without seeking Democratic support.
- If McCarthy is removed, both parties anticipate a prolonged leadership battle that might affect other legislative tasks. Many Republicans are concerned about the internal rift this move is causing. House Democrats are preparing their response to the challenge, with no clear direction on their stance.
Visa's AI Investments:
- Visa has declared its intention to invest $100 million in companies focused on generative AI, which they believe will redefine commerce and payment systems. This investment initiative is led by Visa Ventures, the company's corporate investment wing that has been active for 16 years.
- This strategic investment aims at harnessing applications that can potentially revolutionize the commerce and payments landscape. Jack Forestell from Visa emphasized the significant potential of this technology in reshaping commerce. Marie-Elise Droga, Visa’s fintech head, mentioned their frequent collaboration with the Visa Ventures team. Further details on this investment strategy remain unknown.
Statistic:
Largest Companies by Market Cap:
- 🇺🇸 Apple: $2.716T
- 🇺🇸 Microsoft: $2.390T
- 🇸🇦 Saudi Aramco: $2.213T
- 🇺🇸 Alphabet (Google): $1.697T
- 🇺🇸 Amazon: $1.335T
- 🇺🇸 NVIDIA: $1.106T
- 🇺🇸 Tesla: $798.57B
- 🇺🇸 Meta Platforms (Facebook): $789.49B
- 🇺🇸 Berkshire Hathaway: $759.14B
- 🇺🇸 Eli Lilly: $510.99B
- 🇺🇸 Visa: $480.99B
- 🇺🇸 UnitedHealth: $476.64B
- 🇺🇸 Exxon Mobil: $460.95B
- 🇹🇼 TSMC: $454.58B
- 🇺🇸 Walmart: $430.91B
- 🇺🇸 JPMorgan Chase: $417.80B
- 🇩🇰 Novo Nordisk: $411.74B
- 🇫🇷 LVMH: $409.47B
- 🇺🇸 Johnson & Johnson: $373.60B
- 🇺🇸 Mastercard: $372.97B
- 🇨🇳 Tencent: $370.16B
- 🇺🇸 Broadcom: $344.61B
- 🇺🇸 Procter & Gamble: $342.19B
- 🇰🇷 Samsung: $335.34B
- 🇺🇸 Chevron: $317.69B
- 🇨🇳 Kweichow Moutai: $309.12B
- 🇨🇭 Nestlé: $300.13B
- 🇺🇸 Home Depot: $299.85B
- 🇺🇸 Oracle: $292.31B
- 🇺🇸 AbbVie: $261.66B
- 🇺🇸 Merck: $260.22B
- 🇺🇸 Costco: $252.97B
- 🇯🇵 Toyota: $241.31B
- 🇺🇸 Coca-Cola: $239.91B
- 🇦🇪 International Holding Company: $239.24B
- 🇺🇸 Adobe: $237.27B
- 🇺🇸 Pepsico: $232.87B
- 🇫🇷 L'Oréal: $230.31B
- 🇳🇱 ASML: $229.02B
- 🇨🇳 Alibaba: $222.20B
- 🇺🇸 Cisco: $220.54B
- 🇨🇭 Roche: $219.05B
- 🇨🇳 ICBC: $214.85B
- 🇺🇸 Bank of America: $212.16B
- 🇨🇭 Novartis: $211.53B
- 🇬🇧 Shell: $211.14B
- 🇫🇷 Hermès: $208.84B
- 🇬🇧 AstraZeneca: $206.84B
- 🇺🇸 Salesforce: $198.20B
- 🇮🇪 Accenture: $194.05B
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