Friday☕️

Trending:
- Venezuelan 2024 Election
- Amazon Drones & Robotics
Markets:
- Yesterday’s U.S. stock market:

- Yesterday’s commodity market:

- Yesterday’s crypto market:

Venezuelan 2024 Election:
- Following years of political turmoil and allegations of election fraud, the Venezuelan government and the opposition have taken a monumental step by agreeing to hold internationally monitored elections, signaling a potential path toward renewed democracy in the nation. Central to the political crisis was the contested 2018 presidential election, where Nicolás Maduro's victory was viewed with skepticism both domestically and internationally.
- Allegations of election manipulation led to a significant political divide. The fallout saw many opposition leaders either jailed, forced into exile, or prohibited from running for public office. In response to the deteriorating democratic norms and human rights conditions in Venezuela, the U.S., among other nations, levied sanctions against Maduro's administration.
- These sanctions aimed to pressure the Venezuelan government into restoring democratic order and engaging in constructive dialogues with the opposition. The recent agreement between the Venezuelan government and the opposition to hold elections under international oversight is viewed as a pivotal move towards re-establishing democracy in the country.
Amazon Drones & Robotics:
- Amazon is set to expand its drone delivery service to the UK, Italy, and another U.S. city by 2024 using its advanced MK30 drone. This drone can fly further, operate quietly, and handle diverse weather conditions, including light rain and temperature extremes. The MK30 is equipped with sensors to detect and dodge obstacles in real-time.
- Currently, drones can deliver packages weighing up to 5 pounds within an hour, as seen in test areas like Lockeford, California, and College Station, Texas. These drones dispatch from dedicated Prime Air Centers, but Amazon aims to incorporate drones into its standard delivery system soon.
- Amazon is also experimenting with humanoid robots named "Digit" in its warehouses. These robots, developed by Agility Robotics, are designed to mimic human movements, making them efficient in handling items within spaces tailored for humans. Despite concerns that robots may replace human jobs, Amazon assures that Digit is meant to collaborate with human workers.
- Initially, Digit will assist with tasks like recycling empty totes. The company already utilizes over 750,000 robots to aid human employees with repetitive tasks. Agility Robotics, backed by Amazon, is set to open a new factory in Oregon, aiming to produce 10,000 robots annually, with broad availability projected for 2025.
Statistic:
- Top 50 companies by market cap:
- 🇺🇸 Apple: $2.749T
- 🇺🇸 Microsoft: $2.461T
- 🇸🇦 Saudi Aramco: $2.162T
- 🇺🇸 Alphabet (Google): $1.747T
- 🇺🇸 Amazon: $1.324T
- 🇺🇸 NVIDIA: $1.042T
- 🇺🇸 Meta Platforms: $815.61B
- 🇺🇸 Berkshire Hathaway: $739.13B
- 🇺🇸 Tesla: $698.62B
- 🇺🇸 Eli Lilly: $560.84B
- 🇺🇸 UnitedHealth: $492.45B
- 🇺🇸 Visa: $486.27B
- 🇹🇼 TSMC: $481.86B
- 🇺🇸 Exxon Mobil: $447.88B
- 🇩🇰 Novo Nordisk: $438.42B
- 🇺🇸 Walmart: $432.72B
- 🇺🇸 JPMorgan Chase: $420.03B
- 🇫🇷 LVMH: $383.80B
- 🇺🇸 Johnson & Johnson: $377.69B
- 🇺🇸 Broadcom: $366.10B
- 🇺🇸 Mastercard: $365.45B
- 🇨🇳 Tencent: $358.00B
- 🇺🇸 Procter & Gamble: $349.40B
- 🇰🇷 Samsung: $333.71B
- 🇺🇸 Chevron: $322.57B
- 🇨🇭 Nestlé: $298.99B
- 🇺🇸 Oracle: $296.78B
- 🇺🇸 Home Depot: $286.79B
- 🇨🇳 Kweichow Moutai: $284.26B
- 🇺🇸 AbbVie: $256.85B
- 🇺🇸 Merck: $254.84B
- 🇺🇸 Costco: $254.41B
- 🇺🇸 Adobe: $253.99B
- 🇦🇪 International Holding Company: $239.21B
- 🇯🇵 Toyota: $239.06B
- 🇳🇱 ASML: $237.85B
- 🇺🇸 Coca-Cola: $235.02B
- 🇬🇧 Shell: $225.54B
- 🇺🇸 Pepsico: $222.76B
- 🇫🇷 L'Oréal: $222.49B
- 🇨🇳 ICBC: $218.22B
- 🇺🇸 Cisco: $217.79B
- 🇺🇸 Bank of America: $213.61B
- 🇬🇧 AstraZeneca: $213.30B
- 🇨🇭 Roche: $208.87B
- 🇨🇳 Alibaba: $208.51B
- 🇺🇸 Salesforce: $202.69B
- 🇨🇭 Novartis: $197.17B
- 🇮🇪 Accenture: $190.28B
- 🇫🇷 Hermès: $189.14B
Article Links:


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.

Support/Suggestions Emails:
timeismoney@timeismon.news