🏆🤖Paul vs Tyson Raked in Multiple Millions

THE PROFITS💸

Good morning Opportunists. Paul vs. Tyson brings in millions despite questions about payouts, global oil demand faces a looming surplus in 2025, and did NASA’s Viking mission accidentally wipe out Martian life? Let’s dive!

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Trending Money News

Paul vs Tyson Raked in Multiple Millions

Jake Paul defeated Mike Tyson by unanimous decision in a blockbuster fight, raking in massive earnings—Paul reportedly aimed for $40 million, while Tyson’s payout is estimated at $20 million. The eight-round spectacle, streamed on Netflix, set a record-breaking $17.8 million gate outside Nevada, with ringside VIP seats selling for $2 million each. [Source]

A Campaign That Fell Short of Convincing Even If it Totaled $1.5 Billion

Kamala Harris's whirlwind 15-week presidential campaign burned through an eye-popping $1.5 billion, yet she became the first Democrat in 20 years to lose the national popular vote, ceding all battleground states to Donald Trump. Despite a campaign marked by flashy rallies, celebrity concerts, drone shows, and a massive advertising blitz, questions linger about where all that money really went. [Source]

The State of Global Oil Demand

Global oil demand is projected to drop to 80 million barrels per day by 2035 in a net-zero scenario, compared to the current 102 million bpd, with renewables and fuel-efficient vehicles driving the shift, according to BP’s U.S. economist Michael Cohen. Despite declining demand, continued investment in fossil fuels will be necessary for a smooth energy transition, while refiners adapt by focusing on naphtha production and integrating petrochemical operations, with gasoline output expected to drop to just 15% by 2050. [Source]

Entertainment

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Science and Technology

Chinese Cyber Attacks: T-Mobile was among the telecom companies breached in a Chinese cyber-espionage campaign targeting cellphone communications of high-value intelligence figures, according to The Wall Street Journal. While T-Mobile stated its systems and customer data remain largely unaffected, reports suggest China-linked hackers have intercepted sensitive surveillance data from U.S. telecom networks, including systems used for court-authorized wiretapping. [Source]

Chinese Air Taxi: Chinese flying taxi company EHang Holdings unveiled its second urban air mobility (UAM) hub, "Ascend," in Hefei, Anhui Province, designed to support commercial operations for its pilotless EH216-S electric aerial vehicles. The 21,000-square-foot hub, equipped for ticketing, passenger boarding, and vehicle maintenance, aims to revolutionize air shuttle services, tourism, and cross-district transport, with EHang already completing over 50,000 flights across 17 countries and receiving key airworthiness certifications for its eVTOLs. [Source]

NASA’s Potential Catastrophe: Astrobiologist Dirk Schulze-Makuch suggests that NASA’s Viking 1 mission in 1976 may have accidentally killed Martian life by using water-based experiments on soil that potentially hosted organisms reliant on salt for survival. Drawing parallels to microbes in Earth’s driest regions, like Chile’s Atacama Desert, he argues future missions should focus on searching for life in Mars' salty, hyperarid conditions rather than exclusively “following the water,” offering a fresh perspective on the decades-old debate about the Viking findings. [Source]

Business & Markets

What a Return: Shiba Inu has transformed early investors into millionaires with jaw-dropping gains, skyrocketing by over 39,620,325% since November 2020—a return unmatched by any other asset. A mere $1,000 investment in SHIB four years ago would now be worth $396.2 million, thanks to its affordability and explosive rallies, including a recent 50% surge following Trump’s election victory, cementing its status as the king of crypto returns. [Source]

SpaceX Valuation: Under Trump’s administration, Musk’s dream of human Mars exploration could gain momentum, with SpaceX’s Starship poised to lead NASA’s transition from lunar missions to uncrewed Mars expeditions this decade. Despite safety concerns following reports of over 600 worker injuries, SpaceX’s valuation surged to a record $210 billion in June, fueled by investor demand, while its Starlink network now dominates two-thirds of Earth’s satellites and connects over 4 million customers globally. [Source]

Crude Oil: The oil market is heading for a potential surplus of one million barrels per day in 2025, driven by booming production in non-OPEC countries like the US, Guyana, and Brazil, according to the IEA’s November report. Weak demand in China, the world's second-largest oil consumer, and OPEC+ potentially lifting production cuts early next year, further highlight the shifting dynamics, with US output hitting a record 13.4 million barrels per day in August. [Source]