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WEEKLY NEWSLETTER

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What you’ll read?

• Tragic Shooting at Swedish Education Center

• Severe Weather Disrupts European Travel

• Hollywood Writers Reach Tentative Agreement

• Nvidia Unveils GeForce RTX 5000 Series Graphics Cards

• Brazil's Agribusiness Exports Reach Record Levels

  and more…

BUSINESS

1. Tragic Shooting at Swedish Education Center

An armed attack at an adult education center in Örebro, Sweden, has resulted in approximately 10 fatalities. The suspected attacker is among the deceased. Authorities are investigating the motive and have not ruled out the possibility of accomplices. Prime Minister Ulf Kristersson expressed his condolences, stating it is a painful day for Sweden. 

2. Severe Weather Disrupts European Travel

Heavy snowfall and freezing temperatures have caused widespread travel disruptions across Europe. Thousands of flights have been canceled, and major highways are closed. Authorities in Germany and Austria are warning of potential avalanches as the Arctic blast continues to affect the region.

3. Hollywood Writers Reach Tentative Agreement

Hollywood writers and major studios have reached a tentative agreement to end the ongoing strike that has halted film and TV productions. The deal includes improved pay, better residuals for streaming, and safeguards against the use of AI in creative processes.

4. Celebrity News Roundup

• Taylor Swift Announces Surprise Album Release: Taylor Swift has announced a surprise album release, "Midnights (The Twilight Sessions)," set for this Friday.

• Keanu Reeves Producing AI Documentary: Actor Keanu Reeves is producing a documentary about the future of AI.

• Rihanna Teases New Single: Pop star Rihanna has teased her highly anticipated return to the music scene with a new single.

5. Sports Update

• NFL Team Retains 'Commanders' Name: The Washington Commanders' owner, Josh Harris, confirmed that the team will stick with the 'Commanders' name, emphasizing its growing acceptance among players and staff. The team is also planning stadium upgrades and aims for a new facility by 2030. 

• College Basketball Highlights: The New Mexico Lobos have surged to the top of the men's conference standings, with Donovan Dent named player of the week. Utah State is looking to rebound against Wyoming tonight. Discussions continue about the NCAA Tournament potential for the San Diego Aztecs following inconsistent performances. 

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TECH

Today in AI & Tech

1. Palantir Technologies Reports Strong Q4 Earnings

Palantir Technologies experienced a significant stock surge of 26% after announcing robust fourth-quarter earnings. The company reported a substantial revenue increase, surpassing market expectations. This performance highlights Palantir's growing influence in the data analytics sector. 

2. Nvidia Unveils GeForce RTX 5000 Series Graphics Cards

At CES 2025, Nvidia introduced its latest GeForce RTX 5000 series graphics cards, including the flagship RTX 5090. The new lineup boasts significant performance enhancements, catering to both gaming enthusiasts and professionals requiring high computational power. The RTX 5090 is priced at $1,999. 

3. DeepSeek's AI Assistant Surpasses ChatGPT in App Store Rankings

Chinese AI startup DeepSeek has released an AI Assistant that has quickly become the top-rated free app on the iOS App Store in the United States, surpassing ChatGPT. The assistant excels in answering questions, solving logic problems, and writing computer programs, positioning DeepSeek as a formidable competitor in the AI industry. 

4. Halo Infinite Launches 2025 Spring Update

The 2025 Spring Update for Halo Infinite has been released, introducing three new Operations, starting with Operation: Frontlines. This update brings a new sandbox weapon, additional game modes, and other content aimed at enhancing the gaming experience. 

Other

1. U.S. Consumer Confidence Declines Amid Economic Concerns

U.S. consumer confidence has decreased for the second consecutive month, with the Conference Board's index falling to 104.1 in January from 109.5 in December. This decline reflects growing apprehension about the labor market and inflation. 

2. China's Retail Sales Experience Modest Growth

In December 2024, China's retail sales increased by 3.7% year-over-year, indicating a modest recovery in consumer spending. However, projections for 2025 suggest a potential slowdown, with anticipated growth of just 3.5% due to ongoing economic challenges. 

3. Brazil's Agribusiness Exports Reach Record Levels

Brazil's agribusiness exports hit a record high of USD 14.19 billion in September 2024, marking a 3.6% increase compared to the same period in 2023. This growth was driven by increased sales in sectors such as meat, sugar, and cellulose. 

It's a Wrap!

Thank you for joining us in this journey through the latest updates and insights. Your engagement and support mean the world to us. We hope you found this newsletter both informative and inspiring. Stay tuned for more exciting news and stories in our next edition.

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Warm regards,
Garry