🌍 Stocksy turvy

Plus: Fake jobs.

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Illustration: Wong Yu Liang (Getty Images)

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Here’s what you need to know

China said it would fight tech investment restrictions in the U.S. The move comes after the Treasury Department said it would limit the money U.S. companies can put in Chinese firms building AI, semiconductors, and computers.

Popular weight loss drug Wegovy has different outcomes for women and men. The drug gives both nearly identical heart health benefits, but is helping women with heart problems lose more weight, the American College of Cardiology found.

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The Dali cargo ship finally departed Baltimore waters nearly three months after it crashed. In late March, the boat struck a pier of the Francis Scott Key Bridge, leading to its collapse and the death of six maintenance crew members.

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A Korean Air Boeing plane plummeted 25,000 feet in just five minutes. The jetliner had only been in the air for 30 minutes and was forced to return to South Korea.

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Nvidia’s slip could be Microsoft and Apple’s win

A lot can change in a week.

Just a few days ago, Nvidia’s stock was on top of the world — literally. It hit an all-time high and surpassed Apple and Microsoft in market cap to crown Nvidia the world’s most valuable company.

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Those high times are over (at least for now), as the chipmaker’s market cap fell below the $3 trillion mark yesterday. That’s been enough to nudge Microsoft, with $3.3 trillion in market cap, and Apple, with $3.2 trillion, ahead of the tech darling again.

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Graphic: Quartz
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But has Nvidia really peaked? Quartz’s Laura Bratton looked at the stock’s movements.


The job you applied for might not exist

The next time someone bugs you about whether you’ve heard back from that company you applied to, hit them with this stat: nearly 40% of companies have posted a fake job listing in the past year.

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That’s according to a survey of 640 hiring managers by Resume Builder, which found the fake job postings included entry level and executive roles. Some (85%) went as far as to interview candidates for the made up positions!

The practice doesn’t seem to be going anywhere anytime soon. Quartz looked at the specific tactics hiring managers are using on prospective employees.

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Surprising discoveries

A new dinosaur that lived in what is now Montana 78 million years ago was found. Named after a Norse god, the reptile was said to sport flashy horns on its head and the back of its neck.

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The cornhole game, and its small bags filled with dried corn, are going pro. The American Cornhole League’s 2024 Kickoff Battle, which brings together hundreds of cornhole players each year, garnered 50,000 viewers during this year’s April games.

The Paris Olympics are BYOAC. The U.S. team and other participating countries’ athletes plan to bring their own cooling systems.

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Alex Trebek is coming to snail mail. The U.S. Postal Service is issuing a forever stamp to honor the “JEOPARDY!” host.

Jupiter’s giant red spot could be a red hot imposter. New research suggests that the giant storm could be from a different vortex, and not the one first discovered 350 years ago.

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Our best wishes for a productive day. Send any news, comments, portable ACs, and Trebek stamps to talk@qz.com. Today’s Daily Brief was brought to you by Francisco Velasquez and Morgan Haefner.