Breaking News
After
the monumental failure of the Mueller Witch hunt, Nancy Pelosi is on
the verge of a nervous breakdown! She is demanding democrats everywhere
take action And do whatever it takes to ruin Trump in 2021, Including
keeping this out of the hands of patriotic Americans!
Click here to see what's this is all about...
Rumor
has it that if she is successful the price will go up 4x... That's why
conservatives are stocking up on what may became a symbol of our current
times
The real story behind this is revealed hereDo You Think the Dems Cheated?
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Good morning. The prize for today's Mega Millions drawing is up to $970 million, the third-largest prize in US lottery history.
You do not
have a good chance of winning—the odds are one in 302,575,350. Still,
we're sharing this news anyway so you can spend 10 minutes daydreaming
about what you'd do with nearly a billion bucks, because that is a
highly enjoyable activity.
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NASDAQ
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13,530.91
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+ 0.55%
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S&P
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3,853.07
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+ 0.03%
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DOW
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31,176.01
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- 0.04%
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GOLD
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1,869.90
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+ 0.18%
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10-YR
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1.113%
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+ 3.10 bps
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OIL
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53.03
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- 0.39%
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*As of market close
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Cryptocurrency: Bitcoin continued
its swan dive to below $30,000. Perhaps not related to the dip, but on
Tuesday, Treasury secretary nominee Janet Yellen warned about crypto's
role in money laundering.
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Economy: There was a lot of data dropped yesterday, so let's do it emoji style...job market
 , manufacturing  , and housing  . The coronavirus has battered the services sector far more than it did manufacturing. -
Markets: The Nasdaq and S&P closed at record highs.
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Francis Scialabba
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Well, Intel’s Q4 earnings were pretty weird.
First, the numbers: The Silicon Valley chip giant reeled in $20 billion in revenue in Q4, and posted a record $78 billion in total sales for 2020.
- Q4 stats were boosted by the pandemic. More WFH = more people buying laptops with Intel chips in them.
Then, the hacking: Come
again? Like most companies that report earnings “after the bell,” Intel
was supposed to drop its numbers after the market closed at 4pm ET. But
it said a hacker obtained an infographic with sensitive financial
stats, and once it realized what had happened it released its
numbers...six minutes before 4.
It symbolizes a chaotic year
Intel was
once Jim Halpert, the unquestioned heartthrob of the $400 billion chip
industry. But now it's struggling to keep up with rivals with extremely
uncreative names such as AMD and TSMC, which are rapidly upgrading their
processors while Intel has suffered delays.
- Intel's latest chips use
a 14-nanometer process, while TSMC (short for Taiwan Semiconductor
Manufacturing Company) is working on downsizing to just 3 nanometers.
- In the past year, the market capitalization of Nvidia, another Silicon Valley competitor, grew past Intel's.
- Just a few months ago, Apple said it would drop
Intel's chips in favor of ones designed in-house and fabricated by
TSMC. Other major Intel customers such as Amazon and Microsoft have
indicated they plan to do the same.
And those
are just the external issues. An activist investor, Dan Loeb's Third
Point, is pushing Intel to split up its design and manufacturing
operations.
Tackling
those challenges will fall to Pat Gelsinger, who will take the CEO reins
from Bob Swan on February 15. Gelsinger is currently the CEO of VMWare,
but spent 30 years at Intel previously, including as CTO.
The big question: Will Intel become Outtel?
I.e., will
it start outsourcing manufacturing? Gelsinger says nay. “I am confident
that the majority of our 2023 products will be manufactured internally,”
he said yesterday. But given the company’s recent slippage and fierce
competition, he has little room for error.
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Yesterday,
just over one year after the US reported its first coronavirus case,
President Biden signed 10 executive orders to escalate the national
fight against this microscopic enemy.
The priorities
Make travel safer. Biden
mandated mask-wearing on public transportation—including planes, buses,
and trains—and is requiring negative tests for international travelers
and quarantines on arrival.
Testing and vaccinations. Biden invoked
the Defense Production Act to compel companies to manufacture critical
equipment, including N95 masks and syringes. He ordered FEMA to set up
100 community vaccination centers and to use disaster relief funds to
help reimburse states for certain pandemic costs.
Reopening schools and businesses. Biden directed
the CDC and Department of Health and Human Services to create immediate
guidance for reopening schools, and told OSHA to set worker safety
guidelines.
That's a lot
of to-dos, and to get them to-done Biden is setting up a health equity
task force and a White House Covid-19 Response Office, which will
coordinate federal agency action, improve data collection and sharing,
and communicate with state and local governments.
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Giphy
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If having to
choose between the steak or fish entrée makes you sweat...being on
Facebook's new oversight board isn't the job for you. Yesterday, the
group was handed the difficult decision of whether to restore former President Trump's Facebook and Instagram accounts.
- The
company indefinitely banned him following the Capitol riots, arguing
"the risks of allowing the president to continue to use our
service...are simply too great."
What's the oversight board? It
was created last year as a "Supreme Court" to which users can appeal
content moderation decisions, and not even Supreme Leader Zuck can
overturn its decisions. Cases are heard by a five-person panel pulled
from the board's members, an impressive lineup that includes a former
prime minister and a Nobel Peace Prize recipient.
- Trump
will get to make a case for why he should be allowed back, and the
public can submit comments next week. Then, the board has 90 days to
decide.
Big picture: Although
it was set up as a public accountability mechanism, the board allows
Facebook to hand off some of its most controversial moderation
decisions. This Trump case may be its Marbury v. Madison.
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You heard that right. The latest thing you can add to your I-did-it-myself-during-quarantine list is filing your taxes.
But unlike your first and last attempt to give yourself bangs, you can file your taxes this year with confidence with the help of H&R Block.
Not ready to DIY? H&R Block’s tax pros are available to help!
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Don’t feel like dropping off your docs at a local office? Take a pic and share securely with Block.
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Not sure what counts as a WFH deduction? Ask your Block tax pro.
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Really, really want a refund? Block works really, really hard to get the max refund you deserve.
DIY is so in right now, and we want you to stay on-trend—but with the added benefit of the H&R Block pros.
Get started with H&R Block today.
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"The system is built in a way where savers lose and investors win. What bitcoin really allows for is savers to win as well."
—Morgan Creek Digital Cofounder and Partner Anthony Pompliano, aka "Pomp," making the bull case for crypto on our podcast Business Casual. This episode makes for great weekend listening: Check it out here.
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Matt Cardy/Getty Images
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"We'll just
have to wait till next year"—Everyone when their favorite music festival
was canceled in 2020 because of the coronavirus.
Well next year is...now, but the cancellations keep coming. Yesterday, the Glastonbury festival in Britain said it wouldn't hold its 2021 event, set for June.
- Glastonbury
is one of the premier stops on the music festival circuit. Kendrick
Lamar, Taylor Swift, and Paul McCartney were supposed to headline last
year's event.
"In spite of
our efforts to move Heaven & Earth, it has become clear that we
simply will not be able to make the festival happen," organizers Emily
and Michael Eavis wrote in a statement.
Zoom out: The Glastonbury news is rippling across the live events industry, the NYT reports.
Some music festivals across Europe are confident they'll proceed this
summer, but others may follow Glastonbury's lead and punt until next
year.
+ While we're here...the Art Basel fair in Switzerland was also postponed
for the second time due to the pandemic. It's planning to hold the
event in September, when it expects "broad international participation"
due to vaccines.
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Francis Scialabba
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The feeling
of getting a 5/5 on the Brew's Weekly News Quiz has been compared to
arriving at your house just as a song ends on the radio.
It’s that satisfying. Ace the quiz.
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Legacy automakers
Ford and GM are having a stock market run for the ages this month, as
investors cheer the companies' investments in electric vehicles.
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Eli Lilly said its antibody drug prevented coronavirus infections among nursing home staff and residents in a clinical trial.
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Elon Musk tweeted he's giving $100 million toward a prize for the "best carbon capture technology."
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TV news: Bridgerton is getting a second season on Netflix, and HBO is reportedly working on a prequel to Game of Thrones.
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NYC's famously stunning Port Authority could get an overhaul.
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An Easter egg in the HTML code on the new White House website invites engineers to apply for a job.
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If DIY isn’t your thing, don’t force it with your taxes. H&R Block
knows taxes—so no need to D-I-Y if you D-I-Can’t. Block’s pros have an
average of 10 years' experience to help you get your max refund and help
keep your headaches to a minimum. Let Block D-I-For-You.
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Follow Friday: Take a break from Bernie memes and check out the viral drumline sound on TikTok. A lot of those posts are about completing school assignments...so here's a video for all you esteemed graduates in the workforce.
New films: A thriller starring Carey Mulligan, Promising Young Woman, is now streaming on-demand and earning solid reviews. See what other movies are slated to debut this year (and next).
Tech throwback: The evolution of the scrollbar.
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Below you'll
find 22 different syllables and six clues. Group the syllables together
to form words that match each of the six clues. The number in
parentheses indicates the number of syllables that comprise each answer.
And each syllable will only be used once. Good luck!
A AC AD BUT CUP DEM HES I IC IS IS LA LAZ LEG LI MIN TANT TER TION TOR TRA U
1. Yellow flower (3)
2. Director (5)
3. Lapis ___ (3)
4. Lawmaking (4)
5. Undecided (3)
6. Scholar (4)
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When you share the Brew, you earn rewards.
From Brew swag like t-shirts and coffee mugs to exclusive content, we've
got something for everyone in our premier rewards program.
Hit the button below to start sharing the Brew.
Click to ShareOr copy & paste your referral link to others:
morningbrew.com/daily/r/?kid=a17a7110
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1. Buttercup (but ter cup)
2. Administrator (ad min is tra tor)
3. Lazuli (laz u li)
4. Legislation (leg is la tion)
5. Hesitant (hes i tant)
6. Academic (ac a dem ic)
Source: Braingle
January 22
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| FEATURED BIOGRAPHY
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| Lord Byron
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| FEATURED EVENT
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| 1973
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| Roe v.
Wade ruling
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| MORE EVENTS ON THIS DAY
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1998: One of the most notorious domestic terrorists in U.S. history, Theodore Kaczynski,
the so-called Unabomber, who killed three people and injured 22 in 16
attacks between 1979 and 1995, was sentenced to four terms of life in
prison without parole.
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The Democrats are trying to erase President Trump from the pages of history -
BUT WE WILL NOT LET THEM!
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WOULD YOU SUPPORT DONALD TRUMP FOR PRESIDENT AGAIN IN 2024?
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Cast Your Vote By Clicking Below...
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| ADVERTISEMENT |
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Look What Biden Was Doing After Signing Law Mandating Masks on Federal Property
Twitter sued for allowing child porn because it didn’t ‘violate policies’
After Sleeping On Cold Marble, Congress Boots Troops To Parking Garages
Did You Spot the Message Ted Cruz Had on His Mask for Joe Biden?
| The Brief Podcast: Declassified Docs Show Russia Collusion Was A Lie Meant To Help Hillary |
| On his final full day in office as President, Donald Trump left behind a felicitous gift for his political enemies: the [...] |
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| WEST COAST CHAOS: Rioters Target Buildings in Seattle, Portland After Biden Inauguration | | Read More | | |
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| TRAGEDY in DETROIT: Toddler Kills 5-Year-Old Family Member While Playing with Handgun |
| Read More |
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| TRAGEDY in DETROIT: Toddler Kills 5-Year-Old Family Member While Playing with Handgun Read More |
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| | THAT WAS FAST: Biden Snaps at Reporter When Asked About CoVID Plan, Says ‘Give Me a Break!’ | | President Joe Biden spent part of his first full day inside the Oval Office snap [...] | | | |
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