Friday☕️

Trending:

• Silicon Valley Bank (SIVM)
• Cartels
• The Twitter Files
• SpaceX

Markets/Economies:

• Job data will be released today @8:30 AM EST.
• Yesterday's US market performance:

• Yesterday's crypto market data:

Silicon Valley Bank (SIVM):

• Silicon Valley Bank experienced a loss of $1.8 billion due to the sale of U.S. treasuries and mortgage-backed securities it invested in as interest rates increased. This caused the stock price to fall 60% in one day.
• Additionally, the bank is dealing with reduced customer deposits, as its customer base is primarily startups.
• Silicon Valley Bank has decided to raise funds to protect its business. It plans to sell $1.25 billion of common stock to investors, $500 million of convertible preferred shares, and $500 million of common stock to private equity firm General Atlantic.

Cartels:

• Five men were found bound with zip ties in a truck near the site where four Americans were kidnapped (2 of the 4 were killed) last week in Matamoros, a Mexican border city.
• Authorities reported that a note was found claiming to be from the Gulf Cartel, expressing the desire to hand over those responsible for the abductions.
• The letter stated: "We have decided to turn over those who were directly involved and responsible in the events, who at all times acted under their own decision-making and lack of discipline."

The Twitter Files:

• More Twitter Files have been released based on Government censorship on Social Media.
• Link to the thread:

SpaceX:

• SpaceX launched 40 OneWeb satellites into orbit.
• Launch link:

• Vertical rocket landing post launch video link:

Statistic:

• Global auto sales by country in 2022:
• China: 26,864,000
• US: 13,828,337
• India: 4,367,964
• Japan: 4,167,590
• Germany: 2,874,828
• Brazil: 1,953,557
• UK: 1,896,259
• France: 1,874,805
• South Korea: 1,652,305
• Canada: 1,551,409

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

TIME IS MONEYTime Is Money

Quantum Computing

Quantum computing is a new technology designed to process information faster and more efficiently than traditional computing. Unlike traditional computing, which uses simple binary units of data (bits) to perform calculations, quantum computing uses quantum bits (qubits), which can exist in multiple…

TIME IS MONEYTime Is Money

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…

TIME IS MONEYTime Is Money

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