Nvidia’s stock market value has surpassed $3 trillion. How it got to the importance of AI by the numbers

Nvidia’s stock price has more than doubled this year, after more than tripling in 2023, and is now the third most valuable company in the S&P 500. The stock rebounded on Wednesday to surpass $3 trillion in market value. The chipmaker has seen rising demand for its semiconductors and revenue more than triple in the most recent quarter. Nvidia is also set to undergo a stock split that will give each of its investors nine additional shares for every one they already own. The move is aimed at making the stock more affordable.

The CDC says the salmonella outbreak may be linked to the recalled cucumbers.

Cucumbers contaminated with salmonella bacteria have sickened and hospitalized dozens of people in at least 25 states. The U.S. Centers for Disease Control and Prevention said Wednesday that at least 162 people became ill and 54 were hospitalized. Testing by Fresh Start Produce of Delray Beach, Florida, found salmonella bacteria in the cucumbers, prompting a recall of whole cucumbers last week. Further testing is underway to see if that strain of salmonella is causing the outbreak. Salmonella can cause severe illness in young children, the elderly, and people with weakened immune systems.

Governor Shelved Plan to Charge Most Drivers Entering Manhattan $15 for Transit and Traffic Improvements

NEW YORK (AP) – New York Gov. Cathy Hoechl has shelved a plan to charge motorists a larger toll to enter downtown Manhattan. Just weeks before the country’s first “rush pricing” system is set to begin, she says it risks “many unintended consequences at this point.” “The $15 charge puts pressure on the people who let this city go,” the Democrat says. Wednesday’s announcement marks a surprise blow to the program over the years. The tolls were meant to raise billions of dollars for New York’s troubled subways. Reducing pollution on passenger rail and city roads.

Boeing launched NASA astronauts for the first time after years of delays.

Cape Canaveral, Fla. (AP) — Boeing has launched astronauts for the first time after years of delays. Two NASA test pilots blasted off a Boeing Starliner capsule from Cape Canaveral, Florida on Wednesday. They are heading to the International Space Station for a week-long stay. It was their third launch attempt, coming after a rocket-related delay. The first uncrewed Starliner test flight in 2019 failed to reach the space station, prompting Boeing to repeat it. Then the company had to solve many of the capsule’s problems. SpaceX has been launching astronauts since 2020, but NASA wants a backup taxi service.

Disney has decided to invest up to $17B in Florida parks now that the fight over DeSantis’ appointments is over.

ORLANDO, Fla. (AP) — Months after Disney and Gov. Ron DeSantis’ appointees agreed to end their legal battle, the two sides are poised to approve a deal that would see the company open its Florida resort. It can invest up to $17 billion. It will also open the door to a fifth major theme park there. The five DeSantis-appointed supervisors who oversee the Disney World district on Wednesday gave preliminary approval to the development agreement after the two sides agreed to negotiate after their state court case, which was settled in March, is over. what was This agreement will continue for the next 15 years. A final vote is scheduled for next week.

Big Mac battle: McDonald’s loses EU trademark battle with Irish rival Supermac

LONDON (AP) — McDonald’s has lost its Big Mac trademark in the 27-nation bloc, an EU top court has ruled, ending a long-running legal battle over the rights of Irish fast-food rival Supermac. I gave the decision. The European Union’s General Court ruled in its ruling on Wednesday that the US fast-food company failed to prove that it had genuine use of the Big Mac name for chicken sandwiches, poultry products or restaurants over a five-year period. had been According to the company’s website, a Big Mac is a hamburger made with two beef patties, cheese, lettuce, onion, pickles and Big Mac sauce. The decision is about more than the names of the burgers. The dispute began when Galway-based Supermac began eyeing European expansion plans and applied to register its company name in the EU.

Walmart offers new incentives for workers, from a new bonus plan to opportunities for skilled trades jobs.

NEW YORK (AP) — Walmart is offering new perks for its hourly workers. These include a new bonus plan as well as opportunities to move into skilled trade jobs within the company. The perks program announced Wednesday comes as the nation’s largest private employer is seeing a decline in worker turnover. But like other companies, Walmart faces a competitive labor market and growing demand for its workers. The retailer’s new bonus plan for eligible part-time and full-time store workers is based on store performance. Maximum bonus potential is also tied to years of experience. The training program is expected to begin with 100 workers in the Dallas-Fort Worth area.

Japan’s birth rate is at a record low as the number of marriages also falls.

TOKYO (AP) — Japanese government data show the country’s birth rate fell to a new low for the eighth straight year in 2023. A government official described the situation as critical and urged the authorities to do everything possible to reverse the trend. The data released by the health ministry on Wednesday underscores the long-standing problems of Japan’s rapidly growing and shrinking population, which has serious implications for the country’s economy and national security — particularly in the region with China. Against the background of the increasing presence of According to the latest statistics, the fertility rate — the average number of children a woman has in her lifetime — was 1.2.

Online marketplace eBay to drop American Express, citing fees, and says customers have other options.

NEW YORK (AP) – Online marketplace behemoth eBay said it plans to no longer accept American Express, citing the company’s “unacceptably high fees” and customers having There are other payment options for online purchases. It’s a significant blow to American Express, whose customers are often the most attractive among merchants and spend the most money on their cards each month. But this isn’t the first time merchants have voiced opposition to AmEx’s business practices, most notably warehouse chain Costco nearly a decade ago.

A Russian cosmonaut has become the first person to spend 1,000 days in space.

A 59-year-old Russian cosmonaut has become the first person to spend 1,000 days in space. Russian space agency Roscosmos said Wednesday that Oleg Kononenko held the record for total space time in 2008 with five trips to the International Space Station. His current journey to the ISS began on September 15, 2023. 23, 2024, it will have spent a total of 1,110 days in orbit. The International Space Station is one of the few areas where the US and Russia are still cooperating closely following Moscow’s invasion of Ukraine in February 2022.

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