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Microsoft crossed the $3 trillion threshold. Itâs a valuation milestone that puts Microsoft behind just Apple in market value. Several tech companies are vying for the $3 trillion club, but one (Tesla) is notably behind, and is predicting slower growth in 2024.
A Boeing 757 lost a nose wheel before takeoff in Atlanta. The incident, which happened Saturday and involved a 32-year-old Delta Air Lines-operated plane, isnât at all the same as whatâs going on with those Boeing 737 Max models, but itâs not helping with the manufacturerâs reputation.
Two ships carrying cargo belonging to the US Department of Defense were attacked by Houthi rebels. Maersk Detroit and Maersk Chesapeake were both flying American flags in the Red Sea when fired uponâthe accompanying US Navy vessels intercepted the fire, according to officials.
China is working to ease those tensions in the Red Sea. Attacks on ships in the area have upended global trade, with trickle down effects being felt across sectorsâespecially in oil (more on that below).
The cost of moving oil around the world is going up
It turns out that oil gets more expensive to ship when boats go boom in the Red Sea.
Of all the steps that go into getting oil from the ground and then turning that oil into gasoline and plastic and all the stuff we use to go about our lives, one crucial step is getting more expensive because missiles and bombs are flying all over the Red Sea.
As the US continuesâand escalatesâits not-quite-a-war with the Houthi rebels in Yemen, shipping markets are ramping up the price to transport crude oil. The cost of moving oil from the Middle East to Asia is up 182% since the US began leading âOperation Prosperity Guardianâ to secure the important global shipping channel. Quartzâs Melvin Backman explains why this is happening.
Netflixâs password crackdown will pay off for years
It may not be a crowd pleaser, but Netflixâs decision to do âpaid sharingââaka kick you off your friendâs accountâworked exactly like it was supposed to.
Membership is up, revenue is up, stock prices are upâand other subscription services are watching closely.
Pop quiz: The US really wants healthcare workers
Indeedâs best 50 jobs in the US just dropped. What percentageâbased on salary, growth opportunities, flexibility, and availabilityâare in healthcare?
A. 13%
B. 22%
C. 35%
D. 53%
The correct answer is B., 22%âbut thereâs one sub-sector within healthcare where the opportunity is especially high.
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Surprising discoveries
The World Health Organization issued a warning about measles in Europe. Annual cases are up 30-fold.
Do you tie your shoes the bunny ears way or with a 54-atom knot? Probably not the latter, because thatâd be the smallest knot ever made.
Satellites nailed down where four new emperor penguin groups were marching around. Knowing where they are in Antarctica can help conservationists monitor the species as the climate changes.
Teenagers in the Stone Age liked chewing gum. It could have just been fun, or the tree resin could have been used to stick things together (or to the bottom of boulders).
Pope Francis canât get that puffer deepfake out of his head. He raised warnings about the dangers of AI and alluded to The Coatâbut it wasnât all apocalyptic.
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Our best wishes for a productive day. Send any news, comments, chewing gum, and puffer jackets to talk@qz.com. Todayâs Daily Brief was brought to you by Morgan Haefner.