Four Trillion, Malaria Treatment, & Diabetes Barbie

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Adam Rogers
July 10, 2025

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Nvidia shares rose 2.5% Wednesday to top $164 each, making it the first public company to reach a $4 trillion valuation. The chipmaker's stock has surged over 1000% from around $14 at the beginning of 2023, driven by investor frenzy over artificial intelligence. The company reached $2 trillion in 2024, then jumped to $3 trillion in June before hitting the latest milestone.
The company’s specialized chips power AI systems, including ChatGPT, Google's Gemini, and self-driving cars, making it central to what CEO Jensen Huang calls “the next industrial revolution." The tech giant delivered $18.8 billion in profit last quarter as revenue surged 69% to $44.1 billion.
Nvidia’s rise has made it the most heavily weighted stock in the S&P 500, giving it outsized influence over the index and many investment portfolios. Its rapid growth has helped fuel a broader AI-driven market rally, lifting indexes to record highs despite concerns over inflation and Trump’s trade policies.

Swiss regulators approved the world's first malaria treatment specifically designed for newborn babies. Coartem Baby, developed by Novartis, is approved for infants weighing less than 11 pounds - typically babies younger than two months who previously received doses of drugs meant for older children. The cherry-flavored medicine dissolves in breast milk for easier administration.
Eight African countries that participated in the approval process, including Nigeria, Kenya, and Uganda, are expected to grant rapid approvals within 90 days. Novartis plans to provide the treatment on a largely not-for-profit basis in areas where malaria is endemic.
About 30 million babies are born in malaria-risk areas of Africa annually, making them immediately vulnerable to mosquito bites that transmit the disease. Malaria killed 597,000 people globally in 2023, with children under 5 accounting for 76% of deaths in Africa.

Russia launched its largest aerial assault on Ukraine since the war began, firing a record 728 drones and 13 missiles overnight. The barrage struck 10 regions, including Kyiv, Khmelnytskyi, and Lutsk near the Polish border, killing one person and injuring two. Poland responded by scrambling fighter jets and placing its armed forces on highest alert.
The attack came just after President Trump reversed a U.S. decision to suspend weapons shipments to Ukraine, including Patriot missiles used for air defense. When asked who authorized the original weapons pause, Trump, sitting next to Defense Secretary Pete Hegseth, replied, "I don't know. Why don't you tell me?"
President Zelensky called the barrage "a telling attack" timed to undermine peace efforts. Trump also voiced growing frustration with Putin, telling reporters "We get a lot of bullshit thrown at us by Putin" and calling the Russian leader's promises "meaningless."

More rain is forecast after flash floods killed three people, including two children, in Ruidoso, New Mexico Tuesday. Downpours on wildfire burn scars sent the Rio Ruidoso river to historic 20-foot levels. (More)

Democratic Senators Alex Padilla and Cory Booker proposed legislation Tuesday that would require ICE agents to wear visible identification and ban face masks during public enforcement operations. (More)

A federal appeals court blocked the FTC’s “click-to-cancel” rule, citing procedural errors. The rule aimed to simplify canceling subscriptions and required clearer consent for auto-renewals and free trials. (More)

Taiwan launched its largest ever military drills Wednesday, mobilizing 22,000 reservists in comprehensive 10-day exercises simulating Chinese invasion scenarios. (More)

A South Korean court approved the arrest of former President Yoon Suk Yeol Wednesday on serious martial law charges, accepting special prosecutors' claims he poses a risk of destroying evidence. (More)

Ukraine detained two Chinese nationals on Wednesday, a father and son accused of attempting to illegally steal classified documents on the key Neptune missile system to transfer to Beijing's security agencies. (More)

US stock markets closed higher on Wednesday (S&P +0.61%, Nasdaq +0.94%, Dow +0.49%). The Nasdaq closed at a record high. (More)

X CEO Linda Yaccarino, the veteran advertising executive hired specifically to restore advertiser confidence, announced Wednesday she's stepping down after two years running Musk's social media platform. (More)

US online sales jumped to $7.9 billion Tuesday during Amazon's Prime Day kickoff, marking the biggest e-commerce day this year and surpassing last Thanksgiving's $6.1 billion total, according to Adobe. (More)

Fabián Ruiz scored twice as PSG crushed Real Madrid 4–0 to reach the Club World Cup final. They’ll face Chelsea on Sunday in New York for the championship. (More)

Chicago Sky forward Angel Reese was named the NBA 2K26 WNBA Edition cover athlete, joining Shai Gilgeous-Alexander and Carmelo Anthony. (More)

Phoenix Suns star Devin Booker agreed to a record two-year, $145 million contract extension Wednesday night, setting the highest annual salary in NBA extension history at $72.5 million per year. (More)

Colorectal cancer rates are rising sharply among young adults worldwide, with the deadly disease now becoming the leading cancer killer for American men under age 50, according to new research. (More)

Perplexity launched its first AI web browser, called Comet, on Wednesday, challenging Google Search with built-in AI summaries as the default search. Initial access is only for premium $200-monthly subscribers. (More)

Researchers mapped infectious disease spread across millennia using ancient DNA, revealing that zoonotic diseases emerged around 6,500 years ago when humans began farming and domesticating animals. (More)

An up-and-coming Canadian band was an AI spoof.

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