Good evening!
I know you’re probably not reading the news on a Friday night after Halloween, but you might be missing out on a $500 Amazon gift card if you don’t…
(All you need to do is fill out our Q4 audience survey here for a chance to win.)
Oh, and here are the 7 things you missed today:
1. ✌️ Nvidia Is Replacing Intel In Dow Jones
AI chips are in, PC chips are out (just a little bit). And as a result, Nvidia is tapping in for its rival chipmaker Intel in the Dow Jones Industrial Average on November 8. Nvidia shares have claimed over 170% this year so far, while Intel shares have fallen by more than half in the same time period.
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3. 📸 Apple Is Buying Photo-Editing App Pixelmator
Is Apple coming for Adobe? Maybe, judging by this new acquisition. Pixelmator, a Lithuanian image-editing platform that’s been around since 2007, announced it’s being acquired by the computer giant and may integrate the app’s features into its Photos app.
4. 🛠️ Things Worth Checking Out
Looking to hire teams overseas? I've been learning a ton from this newsletter written by Nathan @ Go Carpathian about hiring teams overseas and implementing their delegating tips! It's free to sign up here →
Wanna see a magic trick? Abra Cadabra! $1,200,000 In Lost Sales Uncovered. Watch how Phil Rivers pulls 3 marketing levers to unlock 25% growth as fast as possible. Watch him do it live here →
5. 🚨 X Is Laying Off More Employees
What’s the worst way to go into a weekend? Being laid off. Which is exactly how some X employees are spending their Friday evening. The scale of the job cuts is still unknown but sources say they’re primarily affecting the engineering department.
6. 💰 IRS Announced New 401(k) Limits
Have you started planning for 2025 yet? The Internal Revenue Service has. Today, the IRS announced an increase in 401(k) contribution limits for 2025 to $23,500 for the employee deferral limit (up from $23,000 in 2024).
7. 💉 NC Plant Restarted Production Of IV Fluid Amidst Hospital Shortages
If you or someone you know hasn’t had a surgery recently, you might not know that hospitals nationwide have been crippled by an IV fluid shortage due to Hurricane Helene hitting a manufacturing plant that’s responsible for 60% of the country’s IV fluid supply. Baxter Inc, which runs the IV fluid plant, is finally restarting production.
Bonus. CEO Tip Of The Day
Are you doing too much? You might be overfunctioning. While you’re relaxing and reflecting this weekend, read up on Ness Labs’ piece and consider whether it sounds like you.
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