The US stock market experienced a significant shift yesterday, with the Dow Jones gaining over 500 points following Broadcom's earnings report. In contrast, the Nasdaq dipped after the release of the report. Meanwhile, the tech industry is abuzz with news of SpaceX's initial public offering (IPO) website going live, seeking a record $75 billion in public funding. The IPO is set to take place next week.
In other news, the US Supreme Court has sided with the Trump administration on a federal regulation of telecom companies. The House of Representatives has also voted to block Trump from ordering further strikes on Iran. Former Trump advisor John Bolton has agreed to plead guilty to retaining classified information. Additionally, there have been reports of a former Trump advisor's involvement in a fund drama that will come to a vote in the Capitol.
Ebola is spreading in various parts of the world, and health officials are working to contain the outbreak. In other global news, a guide who went missing on Mount Everest for a week has been found, and an upgraded "severe" Northern Lights alert has been issued for 23 states. In the world of sports, the New York Knicks are making history in the NBA Finals, and a stabbing trial is underway in a track meet case.
Daily Digest