Anadolu/Getty Images
Hurricane Melissa hit Jamaica as a Category 5. The historic storm barreled into Jamaica on Wednesday morning with wind speeds of 185 mph, making it the most powerful hurricane ever to hit the country. It flooded roads and bridges and led to widespread internet outages, among other damage to infrastructure. Officials said that many Jamaicans ignored evacuation orders, with less than half of the country’s 800 shelters occupied as of yesterday, the New York Times reported. Because of power outages and other issues caused by the storm, it may be difficult to immediately know the extent of the damage and loss of life. A UN agency described it as “the storm of the century.” It fell to a Category 3 storm before restrengthening to a Category 4 as it approached Cuba. The country planned to evacuate 500,000 people to safety as it prepared for an overnight landfall.
Gaza ceasefire breaks down as Netanyahu orders strikes on Hamas. Israeli Prime Minister Benjamin Netanyahu ordered the military to conduct “powerful strikes” against Hamas in Gaza yesterday after an official accused Hamas of attacking Israeli soldiers. Hamas responded to the strikes by saying it would delay returning the body of a hostage. The Associated Press also reported that tank fire and explosions could be heard in various parts of Gaza. The developments put the US-brokered ceasefire in doubt a little more than two weeks since it began. The slow return of hostages’ bodies has prevented the ceasefire from moving on to addressing issues like Gaza’s future governance, the AP reported.
Apple joined the $4 trillion club. For a brief moment yesterday, Apple was not valued at a measly $3.99t, but rather an illustrious $4t. The tech giant crossed $4 trillion in market capitalization (before retreating a tad) thanks to better-than-expected iPhone 17 sales in the US and China. Apple becomes the third public company to reach the $4t mark, following Nvidia and Microsoft. Apple’s stock had lagged behind many of its Magnificent Seven peers this year as the company was relatively slow to push into AI, but it’s jumped by 25% over the past three months amid optimism around the new iPhone lineup.—AE
No comments:
Post a Comment