Breakthroughs and everyday innovations from the year.
HEADLINES ON July 10, 2002
Full News Archive
- Headline: Alcatel Rating Downgrade by Moody's. Impact: Moody's cut from Alcatel sent shockwaves through the phone sector, triggering a domino effect that led to the rise of smartphones. If Alcatel had thrived, we might still be clinging to flip phones and dialing with our thumbs. Thank you, Moody's!. Fact: Did you know that in the world of finance, a single rating cut can lead to a wave of panic? Kind of like when you realize it’s Monday and you forgot to set your alarm..
- Headline: First Death Sentence Canceled in New York. Impact: The overturning of the death sentence marked a pivotal moment in how the justice system handles capital punishment, influencing debates for years to come. It could have just as easily led to a dystopian society where people are sentenced for bad hair days.. Fact: Did you know that Darrel K. Harris’s case was a turning point? Sometimes, the law really does realize it’s gone too far—like when you accidentally text your boss a meme instead of a report..
- Headline: Premodern Splendor In a Vision of India. Impact: The Kirov Ballet's performance may have inspired future generations of dancers, leading to the eventual rise of TikTok choreography. Who knew a ballet could lead to a dance-off in your living room?. Fact: Did you know that 'La Bayadere' is a ballet about love, betrayal, and the afterlife? So basically, just like every family gathering during the holidays..
- Headline: Our Towns; Standing Up To Mr. Softee (Don't Laugh). Impact: Wilbur Troutman's stand against Mr. Softee could have sparked a nationwide movement against annoying jingles, potentially leading to a quieter world. But then, would we even know when ice cream was nearby? The horror!. Fact: Did you know that the jingle of Mr. Softee is more effective than any alarm clock? Who needs the sound of a rooster when you have ice cream calling you at 7 AM?.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)