Today’s topics

• T-Mobile gets Starlink's direct-to-mobile internet

• NASA approves mission to hunt for life on Jupiter's moon

• Curious about quantum levitation?

  and more…

U.S. stocks turned around early losses to end higher on Wednesday, fueled by a dip in consumer price inflation for August. The S&P 500 climbed over 1%, with the Nasdaq Composite surging nearly 2.2%. The Dow Jones added about 0.2%, and Nvidia led the tech rally with an 8% jump following CEO Jensen Huang's remarks at a Goldman Sachs conference.

Palantir Technologies and Dell Technologies are officially joining the S&P 500 Index, alongside Erie Indemnity, with the changes effective September 23. The announcement caused shares of these companies to rise, as inclusion in the S&P 500 often leads to increased investor interest. This move is expected to boost their stock prices as funds adjust their portfolios to include these new members.

T-Mobile takes the lead in Starlink satellite internet rollout. T-Mobile subscribers in the U.S. are getting an exclusive first look at Starlink's direct-to-mobile internet, thanks to a partnership with SpaceX. Elon Musk confirmed that for the first year, T-Mobile will have the Starlink advantage, with other carriers joining in later. After successfully launching 26 satellites equipped with direct-to-cell tech, SpaceX aims to eventually partner with all telecom providers. T-Mobile customers, consider yourselves the lucky early birds!

U.S. to get its first electric bullet train factory, thanks to Siemens. Siemens is investing $60 million in a new high-speed train factory in Horseheads, New York, marking the first of its kind in the U.S. The plant will build electric bullet trains for Brightline West's Las Vegas to Los Angeles line, with speeds of up to 220 mph. Set to open in 2026 and create 300 jobs, the factory will produce the American Pioneer 220, based on a European model, with deliveries expected by 2027.

EU secures landmark €13 billion win in tax justice against Apple. Apple's final attempt to dodge a €13 billion tax bill to Ireland was shut down by the EU's top court, marking a victory for European citizens and tax justice. The case centered on Dublin's sweetheart tax deals aimed at attracting multinationals. European antitrust Commissioner Margrethe Vestager, who fought the case for eight years, called the ruling a major win, becoming emotional when the verdict was delivered.

Bank of America raises U.S. minimum wage to $24, nears $25 goal. Bank of America is inching closer to its $25 per hour minimum wage target for 2025 by raising its base rate to $24 starting in October. This $1 increase, up from last September’s $23, will elevate full-time annual salaries to around $50,000. The bank, based in Charlotte, NC, will apply this boost to thousands of its U.S. hourly workers, marking a significant step toward enhancing employee compensation.

Sony Unveils PlayStation 5 Pro—A High-End Console for Top-Tier Graphics

Sony has officially announced the PlayStation 5 Pro, catering to gamers who crave the best graphics. Priced at $700 and without a disc drive, the Pro model offers a premium experience. Set for release on November 7, 2024, preorders will start on September 26, just in time for the holiday season.

Apple Vision Pro tested for cutting-edge police surveillance. California police departments are exploring Apple's Vision Pro VR headset for advanced surveillance and crime tracking. The Orange County Sheriff’s Department is piloting the headset to enhance their Real-Time Operations Center, where it will streamline monitoring of surveillance feeds and law enforcement databases. By integrating the Vision Pro, the department aims to replace traditional multi-screen dashboards with a more immersive and efficient data visualization tool.

How Starlink and new tech will revolutionize in-flight Wi-Fi. Say goodbye to frustrating in-flight Wi-Fi issues like buffering and dropped connections! Thanks to emerging low-earth orbit satellite technologies from Starlink and Intelsat, in-flight internet is set for a major upgrade. Watch these advancements be tested at 30,000 feet, revealing how they promise to transform airplane connectivity and leave outdated 3G tech in the dust.

Google’s NotebookLM now offers audio summaries for easier learning. Google’s AI-powered note-taking app, NotebookLM, has introduced an “Audio Overview” feature, allowing users to listen to explanations of their documents. This new addition complements the app’s existing text-based summaries, offering a hands-free way to digest course readings, legal briefs, and more. The audio feature aims to enhance comprehension for those who prefer listening to information rather than reading it.

Daredevil Billionaire Prepares for Historic Private Spacewalk

Tech mogul Jared Isaacman is set to make space history with the first private spacewalk, aiming to push beyond the boundaries of past missions. Partnering with SpaceX, Isaacman and his crew, including two SpaceX engineers and a former Air Force pilot, are testing new spacesuits designed for the harshness of space. Launched aboard a SpaceX Falcon 9 from Florida, the spacewalk, scheduled for Thursday, 12 September, will be the first of its kind by private citizens, marking a bold step beyond NASA's Apollo-era achievements.

NASA approves Europa Clipper mission to hunt for life on Jupiter's moon. NASA has given the green light to the Europa Clipper mission, set to launch next month to investigate Jupiter’s moon Europa for signs of life. The spacecraft, which passed a crucial milestone on Monday, will embark on its journey with the launch window opening on October 10. The mission aims to determine if Europa has the essential ingredients—water, energy, and chemistry—to support life.

James Webb’s stunning Titan photos. Saturn's enigmatic moon Titan, with its icy landscapes and methane-filled rivers, has captivated scientists thanks to the James Webb Space Telescope. The thick, hazy atmosphere and unique features of Titan continue to intrigue and inspire awe.

Quantum Levitation: The Magic of Superconductors

Curious about quantum levitation? It's made possible by superconducting materials, which can conduct electricity with zero resistance. When near a magnet, they exhibit the Meissner effect, expelling some magnetic fields, while also trapping them through flux pinning. This combination results in magnetic repulsion and quantum locking, allowing the superconductor to "hover" in place, locked in the magnetic field like a magic trick grounded in physics!

NYC Homebuying: a Deep Six-Figure Salary and a Solid Down Payment

If you're dreaming of owning a home in NYC, your paycheck needs to be pretty hefty. StreetEasy reports that you'll need an annual household income of at least $211,970 to afford a median-priced home in the city, the calculation assumes a 6.5% interest rate on a 30-year mortgage and a 20% down payment on the $1.05 million average home price. That’s nearly three times what the average buyer needs nationwide. The Big Apple comes with a big price tag!

Fukushima peaches make a splash at Harrods. Harrods, the iconic London department store, is now offering peaches from Fukushima, Japan, to its luxury clientele. As Japan begins efforts to address radioactive debris from the Fukushima Daiichi Nuclear Power Plant, Harrods is featuring these high-priced fruits, priced at around $100, in its exclusive Knightsbridge location. This unique offering brings a taste of the earthquake- and tsunami-affected region to sophisticated shoppers nearly 6,000 miles away.

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