Thursday☕️

Trending:
- VF Cyberattack
- Tylenol‘s Legal Battle
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- Yesterday’s U.S. stock market:

- Yesterday’s commodity market:

- Yesterday’s crypto market:

VF Cyberattack:
- VF Corporation, owner of well-known brands like The North Face, Vans, and Dickies, recently faced a major cyberattack that has affected its operations and order fulfillment capabilities.
- This cybersecurity breach, detected on December 13, led to the encryption of the company's IT systems and theft of data, including personal information. Despite this, VF's retail stores worldwide remain operational, and most brand e-commerce sites are still accepting orders. However, the company is currently facing challenges in fulfilling these orders.
- While VF has not explicitly labeled the incident as a ransomware attack, the description of encrypted IT systems and data theft suggests it could be. VF has taken immediate action to contain the breach by engaging a cybersecurity firm for investigation and is also cooperating with federal law enforcement.
- The impact of this cyberattack on VF Corporation is significant, as noted in their report to the U.S. Securities and Exchange Commission. It's part of a recent wave of cyber incidents targeting multinational corporations, highlighting the growing threat and impact of digital security breaches in today's interconnected business landscape.
Tylenol‘s Legal Battle:
- In a recent legal development, a judge recently dismissed numerous lawsuits claiming that the use of Tylenol during pregnancy causes autism and ADHD in children.
- Tylenol, known for its active ingredient acetaminophen, is widely recommended by medical professionals for managing pain in pregnant women. However, recent allegations have emerged, with parents of children diagnosed with autism or ADHD filing lawsuits against Kenvue, the company behind Tylenol, and other related firms.
- These suits accused acetaminophen of being a contributing factor to these developmental disorders. The judge, however, found the presented evidence insufficient to establish a causal link between Tylenol use during pregnancy and the onset of autism or ADHD in children, resulting in a major setback for the plaintiffs.
Statistic:
Largest companies by market capitalization:
- 🇺🇸 Apple: $3.030T
- 🇺🇸 Microsoft: $2.754T
- 🇸🇦 Saudi Aramco: $2.138T
- 🇺🇸 Alphabet (Google): $1.738T
- 🇺🇸 Amazon: $1.572T
- 🇺🇸 NVIDIA: $1.188T
- 🇺🇸 Meta Platforms: $897.60B
- 🇺🇸 Tesla: $785.63B
- 🇺🇸 Berkshire Hathaway: $776.40B
- 🇺🇸 Eli Lilly: $541.30B
- 🇺🇸 Visa: $528.40B
- 🇹🇼 TSMC: $518.84B
- 🇺🇸 JPMorgan Chase: $481.49B
- 🇺🇸 UnitedHealth: $477.19B
- 🇺🇸 Broadcom: $458.58B
- 🇩🇰 Novo Nordisk: $451.71B
- 🇺🇸 Walmart: $413.82B
- 🇫🇷 LVMH: $409.11B
- 🇺🇸 Exxon Mobil: $404.75B
- 🇺🇸 Mastercard: $393.35B
- 🇰🇷 Samsung: $381.13B
- 🇨🇳 Tencent: $374.03B
- 🇺🇸 Johnson & Johnson: $368.96B
- 🇺🇸 Home Depot: $347.00B
- 🇺🇸 Procter & Gamble: $339.18B
- 🇨🇭 Nestlé: $298.64B
- 🇺🇸 Costco: $293.34B
- 🇨🇳 Kweichow Moutai: $290.46B
- 🇳🇱 ASML: $287.89B
- 🇺🇸 Oracle: $286.30B
- 🇺🇸 Chevron: $283.63B
- 🇺🇸 Adobe: $271.38B
- 🇺🇸 AbbVie: $267.81B
- 🇺🇸 Merck: $266.98B
- 🇫🇷 L'Oréal: $262.97B
- 🇺🇸 Bank of America: $260.99B
- 🇺🇸 Salesforce: $251.92B
- 🇺🇸 Coca-Cola: $249.07B
- 🇯🇵 Toyota: $244.18B
- 🇦🇪 International Holding Company: $238.61B
- 🇫🇷 Hermès: $232.26B
- 🇺🇸 Pepsico: $227.80B
- 🇨🇭 Roche: $227.34B
- 🇨🇳 ICBC: $222.64B
- 🇺🇸 AMD: $218.85B
- 🇺🇸 Netflix: $214.14B
- 🇮🇪 Accenture: $212.86B
- 🇬🇧 Shell: $212.68B
- 🇺🇸 McDonald's: $209.61B
- 🇮🇳 Reliance Industries: $205.71B
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