11.11.2024

 

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Good morning. It's Monday, Nov. 11, and we're covering AI semiconductor chip wars, escalations in Russia and Ukraine, and much more. First time reading? Join over 4 million intellectually curious readers. Sign up here.

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Need To Know
 

Veterans Day

Today is Veterans Day, commemorating Armistice Day at the end of World War I. Learn more about the history here.

 

There are 15.8 million veterans alive in the US today, a figure representing 6.1% of the adult US population. Veterans have served during wartime and in peacetime, with roughly one-third having served in the Vietnam War, one-quarter in the Gulf War, and 28% serving since 9/11. The percentage of veterans alive today who served in World War II is less than 0.2%. While the vast majority of veterans are US citizens, citizenship is not a prerequisite for enlistment; as of 2015, noncitizens made up less than 1% of veterans. 

 

There are no known living veterans from World War I; the last known US soldier from that war was laid to rest in 2007. See stories from families whose relatives served in World War I here.

 

Chip Wars

The world’s largest semiconductor maker, Taiwan Semiconductor Manufacturing Company, will pause shipments of its most advanced computer chips to China in response to concerns from US regulators. The move follows the discovery of its products in devices made by Huawei, a Chinese telecom giant currently under US sanctions.

 

By some estimates, TSMC produces over 90% of the world’s most advanced computer chips (see overview), which power everything from the latest smartphones to AI applications. Many technology companies—including Apple, Nvidia, Qualcomm, and more—outsource production of these critical components to TSMC. Analysts say the restrictions could impact a wide range of nonsanctioned Chinese companies beyond Huawei.

 

The decision may also have geopolitical ramifications. While Taiwan views itself as a sovereign nation, China formally considers Taiwan part of its territory and has vowed to eventually reunify the island with the mainland. The US has adopted an ambiguous stance toward the relationship; see an explainer here.

 

Drones over Moscow

Russia and Ukraine exchanged unprecedented drone attacks over the weekend. Ukraine carried out its broadest drone attack on Moscow, firing more than 30 drones, per Russian officials, wounding one person, and temporarily forcing three airports to shut down. Russia fired 145 drones into Ukraine, per Ukrainian officials—an unprecedented number for a single night.

 

The news comes as UK's defense minister says Russia suffered its highest number of casualties from the war last month, averaging 1,500 Russian soldiers killed or wounded daily, and bringing the number of Russian casualties to roughly 700,000 people. The news comes as around 50,000 Russian and North Korean soldiers amassed in Russia's Kursk region, per US and Ukrainian officials, and as Russian President Vladimir Putin signed a mutual defense treaty with North Korea into law Saturday.

 

A Russian counteroffensive to retake Ukrainian-seized territory in Kursk is expected in the coming days. See war updates here.

In partnership with Med-X

Natural Solutions & Nasdaq Bound

 

Med-X isn’t just making the world greener—it’s starting to turn heads on Wall Street. Their revolutionary natural pesticides are outpacing chemical alternatives in performance in certain use cases, and their impact is undeniable: 200% revenue growth in a booming $17B market.

 

The best part? Med-X is gearing up for a major milestone: a Nasdaq listing (ticker: MXRX). But the real opportunity is now—before they hit the big stage. Right as this company plans a public listing, they’re expanding globally to 41 new markets. That means even greater revenue potential than before—and you’re investing while they’re still a private company. 

 

Why Wait? Become an early Med-X shareholder today and get in ahead of the crowd.*

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In The Know
 

Sports, Entertainment, & Culture

> Oregon's Dillon Gabriel breaks all-time major college football record for career passing touchdowns with 179 (More) | Lionel Messi's Inter Miami eliminated from MLS Cup Playoffs after 3-2 loss to Atlanta United (More

> NFL looking at eight international games next season, including in the UK, Spain, Germany, Mexico, Brazil, and Ireland (More

> Judith Jamison, dancer and longtime artistic director at Alvin Ailey American Dance Theater, dies at age 81 (More) | Tony Todd, best known for role as titular character in "Candyman," dies at age 69 (More) | Bobby Allison, three-time winner of the Daytona 500, dies at age 86 (More)

In partnership with Motley Fool Money

Card is "Worth Its Weight In Gold"

High interest rates are still top-of-mind for a lot of people right now, and tackling pesky debt is at the forefront of many American's priorities in 2024.

 

If we told you there was a trending card that now has 0% intro APR on balance transfers into 2026, would you believe us? You better. It's not common to see a card with perks like this also include a 0% intro APR period like this. If you transfer your existing credit card balance to this card, you’ll give yourself nearly 1.5 years to pay it down, without accruing any interest at all.

 

The time is now to level up your finances.

 
 

Science & Technology

> First-of-its-kind stem cell treatment restores vision in three patients with severely damaged corneas (More) | How stem cells work and their potential to treat a wide range of conditions (More, w/video)

> New study suggests kidney and nerve cells can perform memory functions similar to the brain; cells rearranged their functions in response to patterns of chemical signals (More

> Researchers discover nervous system mechanism triggering wet dogs to shake vigorously; study sheds light on how different animals respond to the sense of touch (More

 

Business & Markets

> US stock markets close higher Friday (S&P 500 +0.4%, Dow +0.6%, Nasdaq +0.1%) with the S&P 500 and Dow witnessing best week in a year following US election (More) | Bitcoin hits $80K for first time ever (More) | Confused about bitcoin and how it works? Sign up for 1440's Business & Finance email (Join here)

> FTX bankruptcy estate sues former White House Communications Director Anthony Scaramucci, his hedge fund SkyBridge Capital, and others to recoup investments for FTX creditors (More)

> Billionaire Bill Ackman says he will work to end Amsterdam listing for his hedge fund, Pershing Square Holdings, and Universal Music Group following attacks against Israeli soccer fans Friday; UMG pushes back on Amsterdam delisting (More)

 

Politics & World Affairs

> President-elect Donald Trump secures 312 electoral votes, per final tally, including sweeping all seven swing states (More) | Rep. Ruben Gallego (D-AZ) defeats Kari Lake (R) for Senate seat from Arizona (More) | US House control remains undetermined with 10 races still uncalled (More) | See live updates (More)

> Qatar suspends its role in mediating talks between Hamas and Israel; US officials say Qatar also asked Hamas to end its 12-year presence in Doha; Hamas and Qatar reportedly dispute the claim (More) | Haiti's transitional council fires Prime Minister Garry Conille, replaces him with businessman Alix Didier Fils-Aimé (More)

> Mountain Fire northwest of Los Angeles is 26% contained as of this writing after destroying 130 structures, damaging 88 others; roughly 9,000 of 10,000 evacuated residents allowed to return to their homes (More)

In partnership with Med-X

Is This the End of Chemical Pesticides?

 

Nearly 3X growth is projected for the pesticide market by 2030, right as health departments and big agriculture scramble to find pesticides that don’t cause health problems or destroy the environment

 

Med-X is pioneering chemical-free pesticides that are even more effective than the alternative. With 200% sales growth and a planned Nasdaq listing, it’s all good news for investors—especially heading into the new year. Now is the time to become a Med-X shareholder in a new era of health.*

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Etcetera
 

The origins of Arlington National Cemetery

 

Study finds submitting work late is judged harshly.

 

One monkey recovered, 42 to go from South Carolina lab.

 

See new images of Jupiter from Juno spacecraft.

 

How SpaceX caught its massive Starship in midair. (via YouTube)

 

Ohio family recreates 50,000-pound Stargate.

 

Mattel's "Wicked" dolls accidentally reference X-rated site.

 

Berlin Zoo's Mary the elephant showers every day.

 

Clickbait: Skelm, derf, and other outdated villainous words.

 

Historybook: Nat Turner is hanged after organizing rebellion of enslaved persons (1831); Armistice signed by Germany and Allies, ending World War I (1918); Armistice Day, now known as Veterans Day, observed for first time in the US (1919); American novelist Kurt Vonnegut born (1922); Demi Moore born (1962).

"The best jokes are dangerous, and dangerous because they are in some way truthful."

- Kurt Vonnegut

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*Disclosure: This is a paid advertisement for Med-X’s Regulation CF Offering. Please read the offering circular at https://invest.medx-rx.com/

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