Saturday☕️

Trending:
- U.S. Border Crisis
- SEC's Private Message App Probe
- DOD AI Security Center
Markets:
- Yesterday's U.S. stock market:

- Yesterday's commodity market:

- Yesterday's crypto market:

U.S. Border Crisis:
- Recent events at the Texas-Mexico border underscore the escalating concerns surrounding U.S. border security. With migrants arriving not just from Mexico but from across the globe, the southern border is increasingly perceived as an open gateway for international migration. Statistics show that the influx of unauthorized immigrants has nearly doubled each year over the past few years, and is only getting worse.
- This border security issue is at the center of the current U.S. government budget debates, acting as a primary driver for the looming government shutdown. While the GOP is pushing to allocate more funding to enhance border security, the Senate opposes such measures.
- The standoff over these opposing views on immigration and border security funding is central to the current legislative gridlock, emphasizing the urgent need for a resolution to prevent potential disruptions in government services and operations.
SEC's Private Message App Probe:
- The U.S. Securities and Exchange Commission (SEC) has intensified its investigation into Wall Street's use of private messaging apps by collecting thousands of messages from employees at major investment firms.
- Initially, the SEC had requested these companies to review their internal messages related to apps like WhatsApp and Signal. The probe began two years ago, focusing on potential violations of record-keeping rules and has already resulted in over $2 billion in fines.
- The expansion of the investigation into investment advisers, especially its direct examination of their messages, is a new development. By doing so, the SEC is increasing the pressure on these firms and their senior executives, as their communications are now directly under the regulator's scrutiny.
DOD AI Security Center:
- Army Gen. Paul M. Nakasone, the National Security Agency Director, has unveiled a new AI Security Center to streamline and enhance artificial intelligence (AI) integration within U.S. national security systems. This center aims to develop best practices, evaluation methods, and risk strategies for AI's secure implementation across national defense structures.
- By collaborating with the U.S. industry, academia, national labs, and select international allies, the center will ensure the U.S. remains at the forefront of AI capabilities. Recognizing AI's growing significance in national security, recent U.S. strategies have been updated to align with AI advancements, including autonomous weapon systems and guidelines for responsible AI usage.
- Nakasone emphasized that, while the U.S. currently leads in AI, this advantage could be threatened by adversaries exploiting AI advancements. Hence, there's a pressing need to protect AI systems from vulnerabilities and foreign intelligence threats.
Statistic:
Top 50 companies by market cap:
- 🇺🇸 Apple: $2.676T
- 🇺🇸 Microsoft: $2.345T
- 🇸🇦 Saudi Aramco: $2.258T
- 🇺🇸 Alphabet (Google): $1.656T
- 🇺🇸 Amazon: $1.311T
- 🇺🇸 NVIDIA: $1.074T
- 🇺🇸 Tesla: $794.19B
- 🇺🇸 Meta Platforms: $772.48B
- 🇺🇸 Berkshire Hathaway: $763.63B
- 🇺🇸 Eli Lilly: $509.89B
- 🇺🇸 Visa: $478.37B
- 🇺🇸 Exxon Mobil: $468.73B
- 🇺🇸 UnitedHealth: $467.03B
- 🇹🇼 TSMC: $450.69B
- 🇺🇸 Walmart: $430.46B
- 🇺🇸 JPMorgan Chase: $421.44B
- 🇫🇷 LVMH: $416.38B
- 🇩🇰 Novo Nordisk: $407.94B
- 🇺🇸 Johnson & Johnson: $375.59B
- 🇺🇸 Mastercard: $373.03B
- 🇨🇳 Tencent: $368.17B
- 🇺🇸 Procter & Gamble: $343.77B
- 🇺🇸 Broadcom: $342.80B
- 🇰🇷 Samsung: $335.34B
- 🇺🇸 Chevron: $321.65B
- 🇨🇳 Kweichow Moutai: $309.12B
- 🇨🇭 Nestlé: $302.99B
- 🇺🇸 Home Depot: $302.18B
- 🇺🇸 Oracle: $290.15B
- 🇺🇸 AbbVie: $263.09B
- 🇺🇸 Merck: $261.23B
- 🇺🇸 Costco: $252.92B
- 🇯🇵 Toyota: $243.05B
- 🇺🇸 Coca-Cola: $242.07B
- 🇦🇪 International Holding Company: $239.24B
- 🇺🇸 Pepsico: $233.24B
- 🇺🇸 Adobe: $232.15B
- 🇫🇷 L'Oréal: $231.72B
- 🇳🇱 ASML: $231.57B
- 🇨🇭 Roche: $220.93B
- 🇨🇳 Alibaba: $220.90B
- 🇺🇸 Cisco: $217.98B
- 🇨🇳 ICBC: $217.72B
- 🇺🇸 Bank of America: $217.57B
- 🇬🇧 Shell: $213.99B
- 🇨🇭 Novartis: $210.67B
- 🇬🇧 AstraZeneca: $210.58B
- 🇫🇷 Hermès: $210.54B
- 🇺🇸 Salesforce: $197.30B
- 🇺🇸 Thermo Fisher Scientific: $195.35B
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