The Wealth Newsletter: 7th Edition

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The Wealthy Menu

  • Neuralink: Journey to Greatness 

  • Apple’s Legal Troubles

  • Reddit’s Market Debut

  • Become a Morning Person

More stories in each section

This week in technology and finance:

Neuralink: Journey to Greatness

Imagine a world where the darkness of blindness is lifted, replaced by a new light of hope. That’s the future Neuralink is striving to create with their ‘Blindsight’ implant. Already successful in monkeys, this marvel of science could soon bring the gift of sight to humans, illuminating lives with the promise of restored vision.

One sentence: Neuralink’s new ‘Blindsight’ implant could soon help blind people see.

Apple’s Legal Troubles

The tech giant Apple finds itself in legal crosshairs as the US Department of Justice accuses it of stifling competition. This lawsuit challenges Apple’s restrictions on third-party apps, which could have far-reaching implications for iPhone users and app developers alike.

One sentence: Apple faces a major antitrust lawsuit over iPhone app restrictions.

Hydrogen Rail Technology

The US government has greenlit funding for the development of hydrogen-electric rail technology. This approach provides a more efficient, lightweight, and cost-effective solution to traditional locomotive systems. With only a few rail lines currently electrified in the US, this technology could mark a pivotal shift towards a greener transportation infrastructure.

One sentence: The US invests in hydrogen-electric trains, paving the way for greener travel.

This week in stocks:

(Source for data: Google Finance)

Reddit’s Market Debut

Reddit’s entrance into the stock market has been nothing short of spectacular, with its value soaring to nearly $9 billion. This debut not only marks a significant milestone for the social media platform but also reflects the growing influence of tech companies in the financial world.

One sentence: Reddit’s stock market debut skyrockets, reflecting tech’s financial clout.

US Stocks Aim for Best Week of 2024

Wall Street is abuzz as US stocks aim to cap off their best week of the year. Investors are riding high on optimism, bolstered by expectations of upcoming rate cuts. Amidst this upbeat sentiment, the S&P 500 and Dow Jones have hit record highs, while Reddit’s IPO has added to the excitement with a stellar debut.

One sentence: US stocks hit record highs, eyeing the best week of 2024 amid rate cut hopes.

This week for self-development:

How To Become a Morning Person by Sahil Bloom:

1. Create a Repeatable Evening Routine
2. Move the Alarm Clock
3. 5-5-5-30: 5 push-ups, 5 squats, 5 lunges per leg, 30-second plank
4. Front Load Your Energy Creators
5. Go to Bed Earlier

Here is the link to the post: Sahil Bloom on LinkedIn

Promised you 3-5 minutes!

See you next week,
Abhishek Shanbhag