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According to a 2024 YouGov survey commissioned by the Reuters Institute, local TV stations and newspapers are the most trusted news organizations in America. CNN and Fox News are the most divisive. HuffPost is the least trusted, while ABC, BBC, and CBS are more trusted than not. Fox News is the most polarizing brand.
Saudi Aramco, with 259 billion barrels of oil and gas reserves, is the world's most valuable company at $1.8 trillion. The company's massive reserves dwarf those of other major oil companies. Saudi Aramco is a key player in Saudi Arabia's efforts to diversify its economy.
Over 534 institutions managing assets exceeding $1 billion now hold Bitcoin ETFs, including hedge funds, pension funds, and insurance companies. More than half of the top 25 US hedge funds are exposed to Bitcoin, with companies of all sizes integrating Bitcoin into their financial reserves. Bitcoin is becoming mainstream.
U.S. natural gas demand is set to surge due to the booming AI technology industry, with electricity demand from data centers expected to quadruple by 2030. This spike in demand could benefit natural gas producers and shippers, despite doubts about the Administration's plans for greener energy.
Ace Industrial Supply, a top distributor of industrial tools, announces a major product line expansion and increased community engagement. With over 4 decades of experience, Ace offers top brands like Dewalt and Milwaukee Tools. The expansion includes 1,000 new products and a focus on inclusive hiring and community programs.
Meanwhile, Nvidia is very close to overtaking Intel, after declaring $49 billion of topline revenue for 2023. This is more than double its 2022 revenue ($21 billion), increasing its share of industry revenues to 9%.
Norway is home to the biggest sovereign wealth fund globally, valued at nearly $1.4 trillion. In 2023, the fund posted record profits, bolstered by tech holdings that include Microsoft, Apple, and Nvidia. Originating in 1996, the fund was created to invest surplus earnings from its massive energy sector—where it ranks as the fourth-largest exporter of natural gas in the world.
Netflix, a major entertainment platform, offers a wide range of content to viewers worldwide. However, subscription costs vary greatly by country, reflecting economic differences and market conditions. A visual guide by Preyash Shah compares Netflix prices globally, with Switzerland being the most expensive at $21.48 per month.
While four of the top 10 IPOs were in the healthcare sector, three were in financial services, two in technology, one in food and beverage, and the other in the energy sector.
Analysts project that the global market size of AI in oncology could grow from $891 million in 2022 to $10.7 billion in 2032. Tempus, the owner of the world’s largest AI-driven clinical data library, is positioned to capitalise on this opportunity. Using AI to gather insights from over 6 million patient records, Tempus helps healthcare professionals better diagnose and treat cancer. Not only that
Today, it is estimated that there are over 8,000 data centers in the world. Many of these centers end up clustered together due to beneficial infrastructure and provisions from local governments and utilities. They also need lots of power, often at least 100 MW for each center, making power consumption one of the best ways to measure total market size.