BUSINESS & MARKETS
in partnership with The Investors Podcast Network
- 💰 US markets closed slightly up across the board (S&P: +0.1%; Dow: +0.02%; Nasdaq: +0.01%).
- 🛒 Instacart priced its IPO at the top end of expectations, valuing the company at $9.9 billion; shares will start trading on the Nasdaq later today.
- 🍏 Apple released iOS 17 for iPhones; it’s the company’s biggest software update of the year and is available for anyone with an iPhone from 2018 or later. | 📱Lead time and preorders for the iPhone 15 are “better than feared,” per Morgan Stanley analysts. (Background)
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SPORTS, MEDIA & ENTERTAINMENT
- ❌ HBO canceled the show Winning Time after two seasons. | ❌ Russell Brand’s remaining live shows on his Bipolarisation tour have been postponed following allegations of sexual assault.
- 🏈📈 Player turnout for high school football rose 5.6% last year, per recently released data; participation remains well below the sport’s peak about 15 years ago but its YOY growth outpaced the 3% average increase across all high school sports from 2021 to 2022.
- ✍️ The Writers Guild of America is set to resume strike negotiations with Hollywood studios tomorrow.
SCIENCE, SPACE & EMERGING TECH
in partnership with Upway
- 🤖🪲 Cornell engineers invented an insect-sized robot that’s powered by a tiny internal combustion engine and can carry up to 22x its own weight.
- 🦖 A near-complete dinosaur skeleton will be sold at auction in Paris next month; the 150-million-year-old camptosaurus fossil, named Barry, is expected to fetch at least $1.3 million.
- ☄️ NASA’s Osiris-Rex spacecraft is preparing to deliver an asteroid sample it previously collected in 2020 back down to Earth.
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MISCELLANEOUS
- ✈️💥 A debris field has been identified as the remains of a $90 million F-35 fighter jet that went missing on Sunday north of Charleston, South Carolina, per officials.
- 🎓 US News unveiled its 2024 list of the best colleges; though several schools refrained from providing data to be included on the list. | 🎓 Take a look at the US colleges offering the best value, according to the WSJ/College Pulse rankings (link).
- 💵⚖️ Illinois became the first US state to abolish cash bail.
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