NYSE Glitch drops stock 99%, Maezawa's Canceled Moon Mission, MrBeast's YouTube Milestone, Largest Genome Found, and Invasive Hornet in Georgia
Jun 4, 2024
07:13
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Explore stories ranging from a NYSE glitch dropping stock prices by 99%, to the cancellation of a billionaire's moon mission, MrBeast becoming the most-subscribed YouTuber, the discovery of a plant with the largest genome, and the arrival of an invasive hornet in Georgia.
MrBeast surpasses T-Series as most-subscribed YouTuber with 269 million subscribers.
Deep dives
Technical Glitch at NYSE Causes Stock Price Plunge
A technical issue at the New York Stock Exchange on June 3, 2024, led to a significant disruption in stock trading, affecting several stocks, including Warren Buffett's Berkshire Hathaway A shares. The glitch displayed a 99.9% drop in BRK A shares' price, from $627,400 to $185.10, due to problems with industry-wide price bands. Trading was halted and later resumed after the issue was resolved, with trades made during the glitch period being unwound. The incident followed a recent shift by the NYSE to a one-day settlement period for stocks, complying with a new SEC rule.
MrBeast Becomes Most Subscribed YouTuber
MrBeast, also known as Jimmy Donaldson, has surpassed T-Series to become the most subscribed YouTuber with 269 million subscribers. Starting his YouTube journey in 2012 at the age of 13, MrBeast gained popularity in 2017 with unique content featuring challenges and giveaways. His success is attributed to a content strategy involving high-stakes competitions and substantial cash rewards, earning him accolades like the Creator of the Year award and a spot on the Time 100 most influential people list in 2023.
In this episode of Discover Daily, we explore a range of captivating stories from the worlds of finance, space exploration, social media, science, and ecology. We begin with a technical glitch at the New York Stock Exchange that caused a momentary plunge in stock prices, including Warren Buffett's Berkshire Hathaway A-shares. Next, we discuss the cancellation of Japanese billionaire Yusaku Maezawa's "dearMoon" mission, which aimed to be the first private flight around the moon, due to delays in SpaceX's Starship rocket development.
Moving on to social media, we celebrate the rise of YouTuber MrBeast, who has officially become the most-subscribed creator on the platform, surpassing the Indian music channel T-Series. In the realm of science, we delve into the discovery of the largest known genome in a tiny fern species called Tmesipteris oblanceolata, found in New Caledonia. Finally, we address the arrival of the invasive yellow-legged hornet in Georgia, USA, and its potential impact on honeybees, agriculture, and the broader ecosystem.
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