Thursday☕️

Trending:
- Forever Chemical Regulations
- Brazil vs Elon Musk
Markets:
- Yesterday’s U.S. stock market:

- Yesterday’s commodity market:

- Yesterday’s crypto market:

Forever Chemical Regulations:
- The U.S. Environmental Protection Agency (EPA) has established its inaugural regulations on per- and polyfluoroalkyl substances (PFAS) in drinking water, addressing a long-standing concern about these durable chemicals.
- Known for their extensive use in various industrial applications and consumer products, PFAS are challenging to break down, potentially lasting thousands of years in the environment. PFAS studies include one from 2020, showing that the drinking water of nearly two-thirds of the U.S. population contains PFAS.
- The newly announced EPA regulations obligate water utilities to conduct tests for PFAS within the next three years. Should these substances be detected, the utilities then have an additional two years to install the necessary technology to eliminate PFAS from the water supply, marking a pivotal step in safeguarding public health against the risks associated with long-term exposure to forever chemicals.
Brazil vs Elon Musk:
- Elon Musk revealed on X that the U.S. House of Representatives has inquired about X's actions in Brazil, which allegedly breached Brazilian law. This inquiry followed Judge Alexandre de Moraes of Brazil's Supreme Court initiating an investigation into Musk for his decision to reactivate accounts previously ordered to be blocked by the judge.
- Musk, identifying as a staunch supporter of free speech, opposed Moraes' directive to suspend the accounts of Brazilian parliament members and journalists, describing the actions as unconstitutional and urging Moraes to step down. Musk's refusal to the account suspension order led to significant financial threats from Moraes, including daily fines of 100,000 reais (approximately $19,736) if X failed to comply.
- Musk's posts on X highlighted the tensions, stating the company faced the risk of losing all its Brazilian revenue and potentially closing its local office, emphasizing that "principles matter more than profit." The conflict underscores the clash between Musk's free speech advocacy and Brazilian legal directives, with the situation escalating to involve U.S. legislative attention.
Statistic:
- Largest semiconductor companies by market capitalization:
- 🇺🇸 NVIDIA: $2.175T
- 🇹🇼 TSMC: $758.44B
- 🇺🇸 Broadcom: $612.81B
- 🇰🇷 Samsung: $410.65B
- 🇳🇱 ASML: $385.43B
- 🇺🇸 AMD: $270.12B
- 🇺🇸 QUALCOMM: $190.67B
- 🇺🇸 Applied Materials: $173.86B
- 🇺🇸 Intel: $158.35B
- 🇺🇸 Texas Instruments: $153.72B
- 🇺🇸 Micron Technology: $135.32B
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