Newsletter Jul 23, 2024
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Markets
DJIA 40,415.44 0.32%
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Japan: Nikkei 225 39,599.00 -1.16%
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Netanyahu visits US amid growing violence

Israeli Prime Minister Benjamin Netanyahu is visiting the US to speak to Congress this week amid tense relations between the two countries. The trip comes as the Middle East is reeling from violence with Israel bombing Gaza, Lebanon and Yemen in quick succession in response to attacks from Iran-backed militant groups. Despite Washington's top diplomat asserting a deal is near the "goal line" to end more than nine months of war with Hamas, the Israeli military said it intercepted a missile fired from Yemen, as it pressed on with its offensive in Gaza.

ISRAEL TURNS UP THE HEAT ON POWDER KEG IN MIDDLE EAST



CrowdStrike surveys fallout from IT outage

Security experts have indicated that CrowdStrike's routine update of its widely used cybersecurity software, which led to a global system crash on Friday, did not undergo sufficient quality checks before deployment. The massive disruption to Microsoft systems has included flight delays and cancellations, as well as impacting hospitals, banks, supermarkets and millions of businesses. Close to 7,000 flights were cancelled globally through the weekend, equating to 6.2% of all scheduled flights.

SEE THE LINGERING DAMAGE FROM CROWDSTRIKE'S OUTAGE


Bruce Springsteen is officially a billionaire

The Boss is officially a billionaire, Forbes said, estimating that Bruce Springsteen is conservatively worth $1.1 billion. The Boss has solidified much of his wealth in recent years, in part due to a blockbuster sale in 2021 of his music catalog to Sony for an estimated half-a-billion dollars. According to industry tracker Pollstar, in 2023 Springsteen sold more than 1.6 million concert tickets, raking in $380 million in revenue.

WHY THE BOSS WILL BE CASHING IN FOR YEARS TO COME


Extra point

Bruce Springsteen has how many No. 1 albums and No. 1 singles?

Friday's answer: John Wainwright placed the first order for Amazon in 1995, purchasing the book “Fluid Concepts And Creative Analogies".

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