Eli Lilly, a big name in the drug world, just hit a huge milestone. It became the first healthcare company to reach a market value of $1 trillion. That's a lot of money! The company's stock hit this mark briefly during trading but then settled a bit lower, with each share going for around $1, 048. So, what's driving this massive growth? Two drugs are the stars here:...
Crypto prices have been falling hard since October. The total value of all cryptocurrencies has dropped by over $1 trillion. This is a big deal because it shows how volatile the crypto market can be. Bitcoin, the most well-known cryptocurrency, has been hit especially hard. It's now worth about 30% less than it was in October. This drop has pulled down other cryptoc...
Cryptocurrencies saw a significant surge during what was dubbed "Crypto Week" by House Republicans. This week was marked by the approval of several pro-crypto bills, which seemed to give a confidence boost to the market. Ethereum, for instance, hit a six-month high on Friday, climbing up to $3, 675. 60. This wasn't an isolated case; other cryptocurrencies like XRP, B...
Bumble, the dating app giant, is making some serious changes. They just announced plans to let go of 30% of their staff. That's about 240 people. This move is expected to cost the company between $13 million and $18 million this year. But Bumble believes it will save them $40 million every year moving forward. This isn't a decision they took lightly. The company say...
The world of soccer is always buzzing with talk about who's worth what. So, let's dive into a recent look at how fast players run on the field might link to how much they're worth. The focus was on the 2022 FIFA World Cup, where 306 players who played the full 90 minutes were studied. The goal was to see if there's a clear link between how much players run and the...
The tech world is buzzing with news that Nvidia, the chipmaker, is replacing Intel in the Dow Jones Industrial Average. This shift comes as no surprise, given Nvidia's massive success in the artificial intelligence (AI) market. In just two years, Nvidia's value has skyrocketed by $3. 1 trillion, making it the second most valuable company after Apple. This growth is d...