Sparrow Capital Management

CrowdStrike’s computer outage affected everything from travel to doctor’s offices to bank and investment accounts. CrowdStrike’s CEO George Kurtz reassured people early in the day by saying, “this is not a security incident or cyber attack,” but it’s upsetting when you log into bank and investment accounts and you see a warning message.

Planning a summer getaway? 🏖️ Don't let scammers ruin your vacation! Protect yourself with these tips:

Secure Your Accounts: Update your passwords regularly and enable two-factor authentication.
Be Cautious Online: Don't click on suspicious links, even if they appear to be from your airline or hotel.

Beware of Social Media Scams: Double-check customer service contacts and be wary of anyone asking for personal information.
Watch Out for Common Travel Scams: Avoid interactions with "friendly" strangers offering bracelets or roses, and be cautious of unsolicited photographers.

By staying alert and informed, you can ensure a safe and enjoyable summer vacation. 🧳



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Travel expert advises how to spot, avoid and prevent falling for travel scams this summer Katy Nastro details common scams from online hackers to in-person swindlers to help others stay safe this summer.

When I see the GDPNow chart, I’m reminded of Newton’s first law: an object in motion will stay in motion unless acted upon by a force. The force that needs to act is the Fed, and my expectation is that The Fed will make some moves by the end of the year to help manage GDP’s trend.

AI-powered cancer screening is revolutionizing early detection, but most of these services aren't covered by insurance yet.

Important points to consider:
🤖 AI technology is making significant strides in improving cancer screening accuracy and early detection.
Despite its potential, many AI cancer screening methods are not yet covered by insurance, posing financial challenges for patients.
🏥 The healthcare industry is at a crossroads, balancing innovation with accessibility and affordability.

Staying informed about these developments can help you advocate for better healthcare solutions.

What are your thoughts on the future of AI in cancer screening and its accessibility? Share your insights!



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www.cnbc.com

It’s been a long time since the S&P 500 has seen a daily drop of 2 percent or more. Is that cause for alarm? No. Concern? Maybe, especially if you let emotions drive decision-making.

Astronomers have made a groundbreaking find that's rewriting our understanding of planet formation. Get ready for these mind-blowing details:

🔭 Telescopes in Hawaii detected a colossal disk of gas and dust swirling around a young star 1,000 light-years away.
🌍 This disk is a staggering 3,300 times the distance between Earth and our Sun, making it the largest known reservoir of planet-building materials!
💫 Dubbed IRAS 23077, the disk's butterfly-like shape suggests the birth of potentially supersized planets in distant orbits.
🔬 Scientists believe studying this cosmic nursery will unlock secrets about the origins and evolution of worlds beyond our solar system.

As telescopes like Hubble and Webb investigate this phenomenon further, we may witness the incredible formation of Jupiter-sized planets or even larger cosmic bodies emerging from IRAS 23077! 🤯

The Universe never ceases to amaze with its grand mysteries and wonders. This cosmic discovery reminds us of the vast unknown that still awaits exploration.



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Astronomers find the biggest known batch of planet ingredients swirling around young star Astronomers have discovered what they believe is the biggest known batch of planet-making ingredients in the cosmos

🕰️ With less than 100 days to go, the excitement for the Paris 2024 Olympic Games is mounting!

Paris aims to deliver socially positive, less polluting, and less wasteful Olympics, setting a high standard for future Games. 🌍💡

The impact on disadvantaged Paris suburbs is a key measure of success, with the Games set to leave a legacy of new and refurbished sports infrastructure. 🏗️🏅

A hand-me-down Olympic pool for the town of Sevran is among the highlights, symbolizing the Games' commitment to inclusivity and long-term benefits. 🏊‍♀️🎉

As we anticipate the grand spectacle, let's also celebrate the spirit of unity and global camaraderie the Games inspire. Are you ready for ? 🌐🏆



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Paris prepares for 100-day countdown to the Olympics. It wants to rekindle love for the Games By promising socially positive and also less polluting and less wasteful Olympics, the city synonymous with romance is also setting itself the high bar of making future Games more desirable.

People vote with their dollars, and right now there’s a vote of no confidence from stock investors despite a rally in stock prices since November 2023. There’s $6.4 trillion sitting in money market mutual funds–the highest level since the Fed started tracking the number in 1945.

President Joe Biden is calling for higher U.S. tariffs on Chinese steel and aluminum products, marking a significant shift in trade policy.

Here's what it means for your investment landscape:
• The proposed tariff increase from 7.5% to 25% targets more than $1 billion worth of products, potentially affecting the cost and supply of these materials.
• The Biden administration is also pressuring Mexico to prevent indirect sales of Chinese metal products to the U.S.
• An investigation into Chinese trade practices across various sectors could lead to additional tariffs, inviting potential retaliation from China.

These measures could impact industries reliant on steel and aluminum, potentially influencing stock prices in these sectors. As always, it's important to consider these developments when refining your investment strategy.



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Biden calls for higher tariffs on Chinese steel President Joe Biden on Wednesday called for sharply higher U.S. tariffs on Chinese metal products as part of a package of policies aimed at pleasing steelworkers in the swing state of Pennsylvania, at the risk of angering Beijing.

Women control $10 trillion in financial assets. That figure is expected to rise to $30 trillion by 2030.

Women on the Rise Explore the growing influence women wield over the economy with this handy infographic.

Yes, inflation has been high in recent years—but not 53% high! Northwestern Mutual’s annual retirement survey shows that ALL investors now believe they’ll need $1.46 million to retire comfortably, a 15% increase from 2023 and a stunning 53% jump from 2020. Without a strategy, investors are just guessing when it comes to retirement.

Do you know how long it may take for your investments to double in value?

The Rule of 72 Do you know how long it may take for your investments to double in value? The Rule of 72 is a quick way to figure it out.