🗞️ Trump 65.7% favorite

June 27, 2024   |   Read Online Brought to you by*: *Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. Top stories today: FTX bankruptcy judge approves disclosure plan, ballots out July 10 Amazon crosses $2T for first time, +4% after AI news Tesla close to losing majority of U.S. EV market Trump 65.7% favorite to win election: Nate Silver Follow us on X | Instagram | Advertise to our 250K+ subscribers 0. Data and calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). All times are ET. 1. FTX bankruptcy judge approves disclosure plan, ballots to be sent to creditors on July 10 Court order. Oct. 7: proposed confirmation hearing. <$50K creditors would receive their money <60 days after that. 66.7%+ of dollar value and 50%+ of votes tallied required to approve the plan. Customers expected to get 118%+ of their Nov. 2022-dollarized money back, considering a 9% per year interest rate. 2. Amazon crosses $2T for first time, +4% after AI news No specific Amazon news was released on Wednesday, but on Tuesday we saw the report that they are working on their own AI chatbot, expected to be launched in September: CompaniesMarketCap. 3. Perform at your highest level with Mercury** Mercury. With Mercury, you can easily manage your banking* and financial operations from a single dashboard, saving you time and headaches. After years of building a more powerful bank account, Mercury is building upon that with new products that simplify all your critical workflows. Pay bills, control spend, close the books faster with built-in software. Join over 200K startups who use Mercury to simplify their finances today. **Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. 4. Tesla close to losing majority of U.S. EV market It is still bigger than all the rest combined: Bloomberg. 618K electric vehicles sold in the 12 months through May, vs. 597K for other manufacturers. EV sales are rising for more automakers, but not Tesla Bloomberg. 5. Trump 65.7% favorite to win election: Nate Silver We rarely talk much about politics here, but Nate Silver is the best political forecaster in the world, and this election will have broad impact on tech and business: Nate Silver. His forecast is mostly explained by Trump being +1% on 3 likely must-win states for Biden: Pennsylvania, Michigan, and Wisconsin Nate Silver. 6. Interesting videos, posts, and memes Andrew Bialecki: Is Klaviyo the Most Under-Priced Public Company? | E1170 Why SuperDeterminism Might be Real...But I Still Don't Believe it! Sabine Hossenfelder Rebuts! Yuval Noah Harari on AI, Future Tech, Society & Global Finance 7. Other headlines AI Figma announces major redesign focusing on AI. Google Translate adds support for 110 new languages. Athyna: hire incredible global talent with up to 80% savings vs. U.S. hires.* *Sponsored. Tech SpaceX tender offer values it at record $210B. $843M contract to bring International Space Station down won. Micron's revenue +17% to $6.81B, stock -8% on lower guidance. Amazon to launch discount section with direct shipping from China. Google testing facial recognition tech for campus security. Mercury allows you to tackle banking tasks in a click.* Axios Pro: Deals Tracker does smarter analysis across VC, PE and M&A.* *Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. Tech & law German regulators already warning on AI lawsuits. Biotech Formation Bio raises $372M Series D to boost AI drug development. Crypto Polymarket suggests Barron Trump involved in DJT token. Animoca Brands seeks IPO as early as 2025, potentially in HK, Middle East. Ora raises $20M to incorporate AI into dapps. Abra settles with 25 states over unlicensed operations. U.S. politics Communication with social media companies ruled legal by SCOTUS. Abortions in medical emergencies in ID poised to be allowed by SCOTUS. World Evan Gershkovich judge only issued 3 or 4 acquittals in career. Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below). Share Bay Area Times Share our newsletter with your friends and get free Bay Area Times rewards! You currently have 0 referrals, only 1 away from receiving our Generative AI Unicorns Database. Click to Share Or copy and paste this link to others: https://www.bayareatimes.com/subscribe?ref=UbEAXR818y What did you think of today's newsletter? ⭐️⭐️⭐️⭐️⭐️ Amazing! ⭐️⭐️⭐️ OK ⭐️ Bad Advertise on the Bay Area Times Disclaimer: The Bay Area Times is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. 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