H1-B Yourself

TLDR

MARKET RECAP → Stocks edged lower Monday as 2024 nears its close, hinting at a muted finish to what has been a standout year for investors.

WHY TECH GIANTS ARE BETTING BIG ON NUCLEAR POWER → Tech leaders like Google, Amazon, and Meta are turning to nuclear power to meet AI's massive energy needs, offering 24/7 carbon-free electricity and sparking a global "nuclear revival." ⚡

TRUMP PRAISES H-1B VISAS AMID GOP FEUD  Trump backed the H-1B visa program as a "great" tool for hiring skilled workers, sparking debates among MAGA allies. Elon Musk praised its role in innovation, while critics pushed for prioritizing American talent. 🛠️

Was this email forwarded to you? Sign up for free here.

On the move? Subscribe to our daily podcast here.

MARKETS

Today’s S&P 500 Heatmap

Notable Earnings This Holiday SZN

TODAY’S TOP NEWS

Why Tech Giants Are Betting Big On Nuclear Power

🏗️ Meeting AI's Massive Energy Demands: Data centers powering AI and cloud computing are growing so energy-intensive they could surpass the electricity consumption of entire cities. Global electricity use is projected to rise 75% by 2050, with AI leading the surge, prompting tech companies to seek reliable, sustainable power sources.

🌍 Nuclear’s Carbon-Free Advantage: Tech leaders like Google, Microsoft, Amazon, and Meta have shifted focus from renewables to nuclear power for its round-the-clock, carbon-free energy generation. Nuclear's stability aligns with their sustainability goals while meeting the skyrocketing energy demands of data centers and AI development.

🔄 The Start of a Nuclear Revival: Despite past fears of meltdowns, nuclear power is seeing a resurgence thanks to its efficiency and economic impact. Industry experts are optimistic that tech's investments could spark a broader energy transformation, reshaping global electricity production.

TODAY’S TOP NEWS

Trump Supports H-1B Visa Program Amid MAGA Rift Over Tech Workers

🔑 Trump Backed H-1B Visas: President-elect Donald Trump called the H-1B visa program "great," citing personal use of it on his properties and its role in hiring skilled foreign workers. His stance reignited debates among MAGA allies, some of whom oppose the program for potentially displacing American workers.

🛠️ Musk and Ramaswamy Defended the Program: Elon Musk emphasized the U.S.'s shortage of top engineering talent and credited H-1B visas for bringing innovators like himself to the country. Vivek Ramaswamy suggested reforming the program to prioritize the "best of the best" while eliminating bureaucratic hurdles.

🎯 Critics Advocated for Americans First: Opponents like Laura Loomer, Steve Bannon, and Nikki Haley argued the program undermines domestic workers. Haley called on tech companies to focus on training and investing in the American workforce before turning to foreign hires.

BULL VS. BEAR

NOTABLE POSTS

KEEP READING

Russia’s Gazprom says it will halt gas supplies to Moldova starting Jan. 1 (CNBC)

15 major U.S. cities where home prices have risen the most in 2024 (CNBC)

Airlines’ wild 2024: From Boeing troubles to a bankruptcy and a merger (CNBC)

Charles Dolan, HBO and Cablevision founder, dies at 98 (CNN)

The Murdoch family waged a secret court battle over succession. A voting machine company is trying to pry the case open (CNN)

When Were Credit Cards Invented? Unpacking The History (ML)

How to Retire Early: 10 Steps to Achieve Financial Independence (ML)

Is a 900 Credit Score Possible? (ML)

WHAT WE’RE WATCHING

OUR FAVORITE TOOLS & RESOURCES

  • OpenBB — AI-powered research and analytics workspace

  • Earnings Hub — Earnings calendar

  • Quiver Quantitative — Quiver allows retail investors to tap into the power of big data with insights into things like congressional trades as they are disclosed

  • Perplexity — Perplexity AI is an AI-chatbot-powered research and conversational search engine

  • The Market Ear — Live news, analysis and commentary on what moves markets and trading

  • Coinmarketcap.com — Crypto market data

  • Finviz — Financial visualizations

  • Trading Economics — Economic calendar

  • CME FedWatch Tool — Market-implied probabilities of future levels of interest rates 

  • Dataroma — Track stock picks and portfolios of legendary value investors such as Warren Buffett

  • ChatGPT — Large language model-based chatbot powered by generative AI

  • Vimcal — Lightning-fast calendar and AI scheduling assistant

The Bull vs. Bear Merchandise Promotion is a limited time campaign that begins on December 1, 2023 at 12:00 AM ET and ends on the date that there are no more Rewards. This Promotion is available to any registered MoneyLion user who is a legal resident of the 50 United States or the District of Columbia and who has reached the age of majority in their state as of the beginning of the Promotional Period. See terms and conditions here.

This advertising email was sent to you because you have a MoneyLion account. If you would like to unsubscribe, please do so using this link. We respect your right to privacy. Please do not reply to this email with sensitive information, such as an account number, Social Security number, date of birth, bank account information, PIN, password, or Online ID. The security and confidentiality of your personal information is important to us. If you have any questions or want to read more, please visit our Help Center.

MoneyLion and Pathward do not provide, nor do they guarantee, any third-party product, service, information, or recommendation. The third parties providing these products or services are solely responsible for them, as well as all other content on their websites. MoneyLion is not liable for any third party’s failure with regard to those advertised products, services, and benefits. These advertised products and services may not be FDIC insured or bank-guaranteed, and may be subject to a different privacy policy than MoneyLion’s. You should check individual offers, products, and services to become familiar with any applicable restrictions or conditions that may apply. MoneyLion may receive compensation from third parties for referring you to the third party, their products or to their website.

The influencer, creator and other content provided in the MoneyLion App (“Content”) is for informational and entertainment purposes only and should not be construed as legal, tax, investment, financial, or other advice. All Content is intended to be of a general nature, does not address the circumstances of any particular individual or entity, and may not constitute a comprehensive or complete statement of the matters discussed. MoneyLion is not a fiduciary by virtue of any person’s use of or reliance on the Content. You should consult an appropriate professional if you require any legal, tax, investment, financial or other advice. Terms and Conditions for our subscriber referral can be found here.