Breakthroughs and everyday innovations from the year.
HEADLINES ON July 18, 1987
Full News Archive
- Headline: Jaws the Revenge: A Shark Tale Continues. Impact: If only the sheriff had taken up knitting instead of chasing sharks, we might have avoided a slew of shark-themed sequels that led to a global shortage of originality in cinema. Who knew a vengeful shark could inspire a generation to create endless remakes?. Fact: Did you know that 'Jaws the Revenge' was so bad it almost made people forget about the original? Almost..
- Headline: Dow Posts First Close Above 2,500. Impact: The Dow closing above 2,500 may have been the moment when investors thought they could finally relax, only to realize that the stock market is more unpredictable than a cat on a hot tin roof. Thanks for the rollercoaster, Wall Street!. Fact: Did you know that in the future, people will look back at this moment and wonder how they ever thought 2,500 was a big deal? Spoiler alert: They were wrong..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1987, it would be worth $1,945,817 today (1945.8x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1987, it would be worth $4,778,667 today (4778.7x return)
INTC
Intel
Intel - If you invested $1,000 in 1987, it would be worth $146,978 today (147.0x return)