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We Have a Breakthrough - The U.S. National Debt Has Surpassed $35 Trillion. ๐ Since January 2020, the U.S. economy has grown by 31%, while the debt has increased by 50%. The borrowing rate exceeds the real economic growth, and the U.S. is clearly living beyond its means. Currently, 76% of individual income tax revenues are being consumed just to service the national debt, leaving only 24% for other expenditures. ๐ In light of this historic event, JPMorgan sent a letter to investors, encouraging them by stating that "there are no signs of improvement in the near future."
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Warren Buffett has sold Apple shares worth a record $76 billion. ๐ This represents 49% of the shares in his portfolio, and the cash balance of his company Berkshire Hathaway has risen to $277 billion โ a record high. ๐ต Buffett anticipated a U.S.
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Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world's second-richest person. With his 13% stake in Meta, Mark's net worth has risen by $78 billion in 2024, more than any other member of the 500 richest people tracked by the index. Source:
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โข Just 30 employees โข $547M in profits (2024) โข Has around $500M in cash reserves โข Paid off a significant chunk of its $2 billion debt โข Successfully monetised without intrusive ads โข Maintained user privacy and independence โข Recently surpas
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Metaโs AI Joins Forces with the U.S. Military: A New Era in National Security Meta has reportedly collaborated with the U.S. military by offering access to its advanced AI models to support national security objectives. This partnership likely focus
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TikTok and CapCut: Countdown to Shutdown in the U.S Begins ByteDance's TikTok and CapCut may be shut down in the US for privacy and national security concerns. ByteDance has issued statements indicating efforts to restore services, though no clear
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