NVIDIA Loses ‘Global Number One’ Status as Market Cap Falls Below $3 Trillion

June 25, 2024 – In a stunning reversal of fortunes, NVIDIA, which had recently been crowned the world’s most valuable company with a market capitalization of 3.34trilliononJune18th,hasseenitsvalueplummetbyalmost400 billion in less than a week. As of this writing, NVIDIA’s shares have fallen by approximately 5% (after dipping to 6.44% earlier in the day before recovering slightly),…

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Amazon Ditches Plastic Cushions, Adopts Paper-Based Recycled Materials for Packaging in North America

June 24, 2024 – Amazon announced last Thursday that it has removed 95% of plastic air cushions from its packaging in North America, replacing them with paper-based dunnage made from 100% recycled materials. This marks Amazon’s largest plastic packaging reduction initiative in North America, aiding in the elimination of nearly 15 billion plastic air cushions…

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