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Top stories today:
- Tesla Cybertruck explosion outside Trump hotel probed as terror attack
- Apple fails to announce new hardware in 2024, first in 14 years
- Number of VCs in U.S. -25% since 2021 peak as focus shifts
- SEC writes off $10B in unpaid fines over past 10 years
- NVIDIAās VC investments +15% YoY to $1B in 2024
- U.S. stocks fall to close out best 2-year stretch since 1998
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of the few hallucinations):
1. Tesla Cybertruck explosion outside Trump hotel in Las Vegas probed as terror attack
Wed.: Cybertruck pulled up to the entrance of the Trump Las Vegas hotel.
Smoke appeared from the vehicle before the massive explosion.
The driver, reportedly an Army veteran, died and 7 others sustained minor injuries, per authorities.
The Cybertruck contained the explosion and directed the blast upwards, Elon Musk said.
Dozens more injured after Shamsud-Din Jabbar, an American veteran from Texas, drove into the crowd and then started shooting.
Happened just hours before the Cybertruck incident.
ISIS flag found in the suspectās car.
Overnight, a mass shooting in Queens left at least 10 people wounded. It is unknown whether it is linked to the other events.
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3. Apple fails to announce new hardware product lines in 2024, first time in 14 years
Existing product lines were updated in 2024, with no new products launched.
2010-2023: at least 27 new Apple products were launched.
iPad in 2010 and Apple Vision Pro in 2023 were among the new products.
Command Center, HomePod-like device with a 7ā display, may debut in 2025.
