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Top stories today: - E*Trade weighs banning GameStop meme leader Keith Gill
- NYSE erroneously halts trading of 40 stocks, shows 99%+ drops
- Qualcomm hires "I'm a Mac" actor for viral ad
- ChatGPT down for 1+ hour
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0. Data and calendar |
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b4e0f5a1-ecc3-4ef2-91e1-a4216697e5c8/Screenshot_2024-06-04_at_3.11.07_AM.png?t=1717495906) | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
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![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b7a0321b-fb45-421c-ae8c-6409f05a34de/Screenshot_2024-06-03_at_11.05.24_PM.png?t=1717481177) | All times are ET. |
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1. E*Trade weighs banning GameStop meme leader Keith Gill, as stock closes +21% after opening at +74% |
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2. NYSE erroneously halts trading of 40 stocks, shows 99%+ drops |
Berkshire Hathaway's stock was affected by the move: |
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4. Qualcomm hires "I'm a Mac" actor for viral ad |
![YouTube video by Geektime](https://i.ytimg.com/vi/cYJT4zo_Xrk/maxresdefault.jpg) | Qualcomm Ad - Things Change with Justin Long (The "I'm a Mac guy") |
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5. ChatGPT down for 1+ hour |
OpenAI says they are working on a fix: |
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6. Interesting videos, posts, and memes |
![YouTube video by 20VC with Harry Stebbings](https://i.ytimg.com/vi/6IM-yO1gZOE/maxresdefault.jpg) | Jason Lemkin: PluralSight S*** the Bed & The Next IPO Candidates | E1160 |
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![YouTube video by The Prof G Show – Scott Galloway](https://i.ytimg.com/vi/XfIwM11DdMM/maxresdefault.jpg) | OpenAI's New Content Deals + Latin America's Most Valuable Financial Institution | Prof G Markets |
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7. Other headlines |
AI |
Intel launches Xeon 6 processor, Gaudi 3 accelerator kit for $125K. Zoom CEO wants AI "digital twins" in meetings. Raspberry Pi to sell AI Kit add-on.
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Tech |
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| *Disclaimer: Bay Area Times is a shareholder in Athyna. |
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Tech & law |
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Biotech |
Laura Deming unveils Cradle, startup working on reviving frozen bodies. Hypertension correlates with age-related hearing loss: why? Merck's 3-part cancer strategy includes Moderna-share mRNA vaccine.
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Business |
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Crypto |
Coinbase follows Ripple, a16z in donating $25M to pro-crypto PAC. CZ starts serving 4-month sentence. Solana sees 455K tokens created in May. Binance to disable "unauthorized" stablecoin trading in EU. Dapper Labs settles NBA Top Shot NFTs lawsuit for $4M.
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U.S. politics |
Biden to sign EO allowing halting asylum claims if crossings > 2.5K/day. Trump's GA criminal trial likely delayed post-election after Oct. hearing. Trump campaign announces $141M raised in May.
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World |
Modi's alliance lead narrows as vote counting continues. Israel: no cease-fire until Hamas destroyed. Nigel Farage to run for UK PM, as he settles to replace Tories.
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