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BUSINESS & ECONOMY

🚀 Nvidia Surpasses Apple as Most Valuable Company

Nvidia surpassed Apple as the world’s most valuable company on Friday, reaching $3.53 trillion compared to Apple’s $3.52 trillion, driven by robust demand for AI chips. Nvidia's stock has soared nearly 190% this year, while Apple faces stagnant smartphone sales with projected revenue growth of only 5.55%. Russ Mould, investment director at AJ Bell stated, “More companies are now embracing artificial intelligence.” 

🌍 US Continues as Global Growth Engine in IMF Forecasts

The IMF raised the U.S. economic growth forecast for 2024 to 2.8%, up from 2.6%, while the 2025 projection increased to 2.2%. Global growth remains steady at 3.2%. Despite reducing China’s outlook to 4.8%, there is optimism regarding inflation recovery. IMF chief economist Pierre-Olivier Gourinchas stated, “Strong growth forecast has come along with progress on inflation.” 

🚗 Volkswagen to Shut 3 German Plants, Cut Thousands of Jobs

Volkswagen plans to close at least three factories in Germany and cut tens of thousands of jobs, a historic first for the automaker aiming to reduce costs amid declining sales and competition. Labor unions threaten strikes, with Thorsten Groeger of IG Metall warning of consequences if the plans proceed. Gunnar Kilian, human resources board member stated, "The situation is serious."

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WORLD

🕊️ CIA Chief Proposes 28-Day Gaza Ceasefire, Hostage Deal in Doha

CIA Director Bill Burns proposed a 28-day Gaza ceasefire and hostage exchange in Doha with Qatari PM Sheikh Mohammed bin Abdulrahman al-Thani and Mossad’s David Barnea. The plan, expanding Egypt’s 12-day proposal, includes Hamas releasing eight hostages and Israel freeing Palestinian prisoners. Burns will visit Cairo for further talks. An Israeli official stated, “If neither side softens its position, there isn’t going to be a deal.” 

🪖 North Korea Sends 10,000 Troops to Support Russia

North Korea has sent approximately 10,000 troops to Russia, likely to support its fight against Ukraine within the coming weeks, according to the Pentagon. Some troops are reportedly moving towards the Kursk region, where Russia faces Ukrainian counterattacks. Western leaders warn that this deployment could escalate tensions globally, with NATO Secretary-General Rutte calling it “a significant escalation in Pyongyang’s involvement.” 

SCIENCE & TECH

🚀 Apple Intelligence Launches with OS Update

Apple Intelligence launched on Monday, introducing a generative AI system through free updates for iPhones, iPads, and Macs with iOS 18.1, iPadOS 18.1, and macOS Sequoia 15.1. Emphasizing user privacy, it primarily operates on-device and utilizes Private Cloud Compute for complex tasks with features including ChatGPT integration in Siri and creative tools like Genmoji, enhancing user experiences securely. 

🖥️ Amazon Unveils Compact Mac Mini with M4 Chips, USB-C Ports, and Up to 64GB RAM

Amazon's product listing accidentally leaked details about the upcoming Mac mini, featuring M4 and M4 Pro chips with up to a 14-core CPU and 20-core GPU offering up to 64GB of RAM, doubling the previous limit, and maintaining an 8TB storage option. The chart confirms two front USB-C ports and a size closer to an Apple TV. Set for the announcement by Apple soon, the new model will only be available in Silver. 

SPORTS & ENTERTAINMENT

🌅 Tom Brady Posts Sunset Pic with Fleetwood Mac Lyrics After Gisele Bündchen's Pregnancy News

Tom Brady posted a sunset photo on Instagram on October 28, 2024, following the announcement that his ex-wife, Gisele Bündchen, is expecting her first child with boyfriend Joaquim Valente. His post featured lyrics from The Chicks' rendition of Fleetwood Mac's "Landslide," reflecting on themes of change and growth. Although Brady included heart emojis, he offered no additional comments. 

🏆 Rodri Clinches Ballon d'Or Following Premier League and Euro 2024 Triumph

Rodri, the Manchester City midfielder, won his first Ballon d'Or at a ceremony in Paris on October 28, 2024, after an exceptional season with Manchester City and the Spanish national team. He achieved a fourth consecutive Premier League title and contributed to Spain's Euro 2024 victory, earning Player of the Tournament honors. Rodri remarked, "Today is not a victory for me; it is for Spanish football." 

🎭 Comedian from 'Anchorman' and 'Mr. Show' Sentenced for Jan. 6 Capitol Attack

Jay Johnston, a comedian from Anchorman and Mr. Show, received a 12-month prison sentence on October 28, 2024, for his involvement in the January 6 Capitol attack. He pleaded guilty to obstructing officers during a civil disorder and participating in violence by using a stolen police shield. Johnston claimed the media exaggerated events, stating, "I didn’t think I’d end up here." 

🏆 Dodgers One Win Away from World Series After 3-0 Lead Over Yankees

The Los Angeles Dodgers defeated the New York Yankees 4-2 at Yankee Stadium on Monday, extending their World Series lead to 3-0. Freddie Freeman homered, scoring Shohei Ohtani, marking three consecutive games with a home run. Alex Verdugo's late two-run shot narrowed the gap, but Gleyber Torres grounded out to seal the victory. Freeman stated, "One more win is all I care about." 

OTHER NEWS

👶 Americans Spend 15% of Income on Child Care

Americans are now spending about 15% of their total income on daycare for infants, averaging $14,070 annually. Rising costs have led 45% of working mothers to consider leaving the workforce. Post-COVID staffing shortages and the expiration of federal funds are driving prices higher. New Mexico, Hawaii, and New York rank as the least affordable states.

🎯 Philadelphia DA Takes Legal Action Against Elon Musk and Super PAC Over $1M Sweepstakes

 Philadelphia District Attorney Larry Krasner has sued Elon Musk and America PAC to terminate Musk's $1 million sweepstakes for voters, labeling it an “illegal lottery scheme.” The lawsuit claims it misleads citizens into sharing personal information for a chance to win, violating Pennsylvania lottery laws. Krasner stated, “That is a lottery. And it is indisputably an unlawful lottery.” 

THIS DAY THAT YEAR

On October 29th, 1929, just five days after a staggering 13 million shares of U.S. stock were sold in a single day, a further 16 million shares were traded, marking a day that would become infamously known as "Black Tuesday." This event intensified the financial turmoil that led to the onset of the Great Depression.

BRAIN TEASER

Which side of the turkey has the most feathers?

Nailed it or stumped? Hit us with a reply and find the correct answer 🎯

Here’s what Yeterday’s teaser was:

Who is that with a neck and no head, two arms and no hands? What is it?

The answer is: A shirt.

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