Nuclear Power Record
Global nuclear power generation is expected to reach a record high next year, the International Energy Agency (IEA) announced
Nuclear energy output is expected to rise 3% over the next two years, surpassing the previous output peak in 2021
Roughly half of new nuclear output is expected to come from China and India
China now accounts for 16% of global nuclear production, up from 5% in 2014, the IEA reported
Netflix added 13M subscribers in the fourth quarter (October-December) of 2023 while almost tripling its quarterly income from the prior year
It also witnessed 12.5% revenue growth in 2023 while only slightly increasing prices
The growth contrasts with the heavy losses of other major players in the streaming industry
“As Netflix has shown, [streaming] can also be a very healthy business,” the company wrote to shareholders, adding, “we enter 2024 with good momentum”
Its co-CEO denied speculation that its deal with WWE represents a broader shift into live sports
United Airlines and Alaska Airlines CEOs continued to raise doubts over Boeing jet issues
On Saturday, amid a nationwide grounding of Boeing 737 Max 9s, a nose wheel fell off a Boeing 757 jet and “rolled down [a] hill” just before takeoff
In response Boeing’s CEO flew to Washington for damage control meetings with Congress
Then on Tuesday, Alaska Airlines’ CEO said the company had found loose bolts in “many” of its Boeing 737 Max 9 jets, raising concerns over Boeing’s quality control process
Also on Tuesday, the CEO of United – which has the largest fleet of Max 9s in the US – said United may cancel its order of Max 10s
India’s stock market overtook Hong Kong’s as the world’s fourth-largest
As of market close on Monday, the combined value of shares listed on Indian exchanges was $4.33T versus Hong Kong’s $4.29, Bloomberg reported
Foreign investors poured $21B into India’s exchanges in 2023 while withdrawing billions from Hong Kong’s out of fears of an economic slowdown there
Hong Kong is listed separately from China, which has the world’s second-largest stock market
Driven by optimism over AI, Microsoft’s market capitalization exceeded $3T on Wednesday for the first time ever
Microsoft’s stock price rose 57% in 2023 and 7.4% so far this year, making it among the world’s best-performing companies
Much of that growth is attributable to its major investments in OpenAI, fueling optimism that the company will become an AI powerhouse
Microsoft and Apple have gone back and forth this month as the world’s most valuable company
An Israeli spokesperson appeared to deny rumors of a possible Israel-Hamas ceasefire deal
For days, reports have circulated that Israel offered Hamas a two-month ceasefire in exchange for the release of all hostages
On Wednesday, an Israeli spokesperson appeared to deny those reports, saying, “There will be no ceasefire”
“Commenting on reported ceasefires…Israel will not give up on the destruction of Hamas, the return of all hostages, and there will be no security threat from Gaza toward Israel,” she added
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The problem pouch
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Saudi Arabia getting boozy
NATO buying artillery
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