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Russia experienced its worst terrorist attack in two decades. Gunmen claiming to be affiliated with the Islamic State killed at least 137 people Friday night at a concert venue outside of Moscow.
China wants Microsoft and Intel off its computers. Beijing has introduced guidelines aimed at gradually eliminating foreign technology from its government computers.
Chipotle’s Autocado is almost ready. That’s a robot that peels and cuts avocados that may or may not outperform the chain’s already retired “Chippy,” which was supposed to automate chipmaking.
Amgen is working on a new weight loss drug. The injectable could be taken less than once a month, whereas competitors like Wegovy and Zepound are weekly doses.
One big number: $525 billion
The market cap gap between Microsoft and Apple, equal to the entire value of Tesla
The stock of the once-most valuable company in the world, Apple, is down 7% this year. A string of losses, from a failed electric vehicle project to slowed iPhone sales, have made Apple now worth $525 billion less than Microsoft (which is having a great year).
Everything that has led to this dynamic isn’t great, but it also isn’t completely turning away investors. Apple may have a Tesla-sized space between Microsoft, but it doesn’t have Tesla’s worse luck.
The most expensive drugs in the world
If you think $1.1 million is a steep list price for a medication, that’s on the low-end of the highest priced drugs in the world.
The majority of these ultra-expensive drugs treat illnesses affecting less than 200,000 people, a market the pharmaceutical industry is increasingly embracing. It makes sense: if there’s a lack of alternative treatment options, drug companies can — and do — price their treatments at sky-high rates.
But where has it topped out? Here’s the top 10 priciest drugs right now.
Quotable: Bentley drivers are getting emotional
“Even though our customers can still afford our cars, there was a level of emotional sensitivity that slowed down demand.” — Bentley Motors CEO Adrian Hallmark to reporters last week
What are they getting emotional about? Well, even though they can, they don’t necessarily want to pay off a new car with high interest rates, and sales are down as a result.
More from Quartz
👀 AI stocks might be buzzy this week — but don’t ignore GameStop
🧠 Elon Musk’s Neuralink showed off its first human patient. Here are 6 brain chip rivals
🔍 United Airlines is facing more federal oversight after a series of safety issues
😅 Ozempic maker Novo Nordisk has an ‘unsustainable’ level of stressed out workers, CEO says
✈️ Airbus is ‘obsessed’ with the fear of a Boeing-style mess on its hands
🚗💨 Jeep maker Stellantis is laying off about 400 employees in the U.S.
Surprising discoveries
Universities in the U.K. are financially struggling because of Nigeria’s economic crisis. The institution is seeing lucrative applications from the African country plummet.
Subway has a line of sauces. The chain is in the process of bringing them to grocery stores.
For every electric car sold, the average U.S. automaker loses $6,000. The high-priced investments that manufacturers have made just haven’t paid off yet.
Germany added Berghain to its cultural heritage sites. The club joins 150 other places in Germany with the classification, and is probably the best-suited for raves.
The Caribbean territory of Anguilla made $32 million last year because companies wanted “.ai” to be part of their web address. That’s more than 10% of its GDP.
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