Top news of the day-
1. Ola Electric got PLI certification
2. 39 startups scooped $240 million (2.4x up from last week)
3. Sam Altman is raising $7 Trillion for AI and Chips venture.
4. Cisco is laying off thousands of employees.
5. Funimation is
😱 Nvidia alone has lost nearly $1 trillion in market capitalization.
💥 Apple — $320 billion
💥 Microsoft — $450 billion
💥 Google — $340 billion
💥 Amazon — $330 billion
5 replies18 likes
Mahendra Lochhab
Stealth • 11d
Yahoo's $2.36 trillion mistake:
1998: Google wanted to be acquired by Yahoo, so Google offered to Yahoo for $1 million, but Yahoo refused.
2002: Yahoo realized its mistake and offered to acquire Google for $3 billion, but Google demanded $5 billion
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0 replies4 likes
Mahendra Lochhab
Stealth • 6m
Consumer spending in India is expected to triple to $3.6 trillion by 2020 compared to just $991 billion in 2010.
4 replies7 likes
Varun Jeph
•
The NineHertz • 1m
Massive crypto market crash: $310B lost in a day:
The cryptocurrency market experienced a significant crash, losing $310 billion within 24 hours. The global market cap dropped by 7.90%, falling from $3.56 trillion to $3.25 trillion.
The real estate industry in India was valued at around $477 billion in 2022, and is expected to reach $1 trillion by 2030.
1 replies4 likes
Mahendra Lochhab
Stealth • 5m
The direct contribution of the domestic hotel industry to the GDP was $40 billion last year and is expected to be $68 billion by 2027 and by 2047, it will reach around $1 trillion, stated the 'Vision 2047: