America Abbai Newsletter 10/10/24

Stock Markets As of 10/10 4:40 PM CST

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Top News

The devastation caused by Hurricane Milton sounds severe. Ten lives lost and extensive damage with millions left without power is a tragic outcome, especially when it involves something as unpredictable and dangerous as tornadoes spawned by hurricanes. The storm surge warnings and the widespread power outages highlight just how overwhelming the storm was for Florida.

If you’re following the updates closely, be sure to check emergency notifications for anyone affected by power outages or structural damage, particularly near Tropicana Field and the areas hit hardest by the storm surge.

AMD launched its Instinct MI325X AI chip to challenge Nvidia's dominance in the data center GPU market, aiming to capture part of the growing $500 billion AI chip market by 2028. The chip promises 40% better inference performance on Meta's Llama AI model, positioning it as a strong competitor to Nvidia’s upcoming Blackwell chips. To further compete, AMD is improving its ROCm software to attract developers traditionally locked into Nvidia's CUDA ecosystem.

Fidelity Investments confirmed that a data breach in August compromised the personal information of over 77,000 customers, including Social Security numbers and driver’s licenses, though no customer accounts or funds were accessed. The breach occurred when a third party used two newly created accounts to access an internal database containing sensitive documents from August 17 to August 19, which was promptly shut down by Fidelity. While Fidelity has informed affected customers, the company has not provided detailed answers on how these accounts were able to compromise the data of thousands.

The final rites of Ratan Naval Tata, the beloved industrialist and philanthropist, were performed with full State honours at a Mumbai crematorium, with Home Minister Amit Shah and other dignitaries in attendance to pay their respects. Wrapped in the national flag, Mr. Tata's body was first laid in state at the National Centre for Performing Arts before being taken to the crematorium, where thousands gathered to bid farewell to the man who transformed the Tata brand into a global powerhouse. Maharashtra has declared a day of mourning to honour Mr. Tata, admired for his humility, sincerity, and immense contributions to India’s industrial and philanthropic landscape.

1. None can destroy iron, but its own rust can. Likewise, none can destroy a person, but their own mindset can.

2. Take the stones people throw at you and use them to build a monument.

3. Ups and downs in life are very important to keep us going because a straight line, even in an ECG, means we are not alive.

4. If you want to walk fast, walk alone. But if you want to walk far, walk together.

5. Leadership is not about being in charge. It is about taking care of those in your charge.

6. Empathy and kindness are the greatest strengths a leader can possess.

7. Success is not measured by the position you hold, but by the impact you have on others.

8. I don’t believe in leaving things to luck. I believe in hard work and preparation.

9. I don’t believe in taking the right decisions, I take decisions and then make them right.

10. The day I can’t do something for myself, will be the day I pack my bags and leave….

Movie News

Natasimha Nandamuri Balakrishna is currently immersed in filming NBK 109, directed by Bobby Kolli, set for a Sankranthi 2025 release. Meanwhile, speculation is growing around Balayya’s next big project, where he is rumored to take on a superhero role, with an official announcement expected on October 11, 2024. Though details are still under wraps, fans are buzzing with excitement, hoping this could be a significant milestone for both Balakrishna and Tollywood, as they eagerly await more information about the film’s director, producer, and plot.

Nara Rohit is set to get engaged on October 13th at the HICC Convention Center in Hyderabad. His fiancée, an actress and Australian citizen, starred with him in Pratinidhi 2, and the couple has been in a relationship for 10 years. The wedding is planned for December, possibly a destination wedding. Balakrishna’s wife, Vasundhara, is overseeing the event, while speculation remains on whether NTR and Kalyan Ram will attend.

Following the massive success of Pushpa: The Rise, the sequel's hype is at an all-time high. Director Sukumar and the team are working tirelessly, with three units shooting simultaneously to ensure timely completion. Allu Arjun aims to wrap up the shoot quickly and begin promotions by November. Rashmika Mandanna returns as the female lead, and Devi Sri Prasad (DSP) is composing the music. Mythri Movie Makers is producing the film, and intense post-production efforts are underway to meet fan expectations.

Theatre Releases

Source: Filmibeat

Movie

Release Date

Swag

Oct 4th

Vettaiyan

Oct 10th

Viswam

Oct 11th

Janaka Aithe Ganaka

Oct 12th

Mechanic Rocky

Oct 31st

Lucky Baskhar

Oct 31st

Amaran

Oct 31st

Zebra

Oct 31st

Streaming Dates

Binged

Binged

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