Stocks have just experienced their best first quarter performance in five years, with major indices posting significant gains. The S&P 500 rose by 5.8% in the first quarter of 2021, marking its best start to a year since 2015. The Dow Jones Industrial Average and the Nasdaq Composite also saw gains of 7.8% and 2.8% respectively during the same period.
The European Commission has officially launched investigations into tech giants Apple, Google, and Meta (formerly known as Facebook) under the EU’s Digital Markets Act. This marks the first set of antitrust investigations under the new legislation aimed at promoting fair competition in the digital market.
Trader Joe’s announced today that they will be raising the prices of their bananas for the first time in over two decades. The price hike, which will go into effect next week, is part of a broader effort to ensure fair wages for banana farmers and employees.
Texas Brisket and Beaver Nuggets
Customers lined up eagerly outside the store, eager to get a taste of Buc-ee’s famous Texas brisket sandwiches and beaver nuggets. The store is also offering a wide selection of other snacks and treats, including freshly-made fudge, jerky, and a variety of homemade bakery items. The store’s famous clean restrooms, which have won awards for their cleanliness and comfort, have garnered praise from early visitors.
The Food and Drug Administration (FDA) has officially approved the first treatment for patients suffering from liver scarring caused by fatty liver disease. This groundbreaking approval has the potential to significantly improve the lives of millions of people who are living with this debilitating condition.
Xiaomi, the Chinese tech giant, is set to start delivering its first electric vehicle model to customers. The company’s entry into the competitive EV market has sparked excitement among investors, causing shares to soar.
The FDA has officially approved the first over-the-counter continuous glucose monitor for people with diabetes. This groundbreaking device is now available for purchase at pharmacies across the United States.
The Nikkei 225 index, Japan’s key stock market benchmark, has achieved a major milestone by surpassing the 40,000 mark for the first time in its history. This development marks a significant upturn in the performance of the Japanese stock market.
The first gold ETF took two years to hit the $10 billion mark, but the recent Bitcoin ETF has achieved the same feat in just two months. This rapid growth in assets under management is a clear indication of the increasing popularity of cryptocurrencies among investors.
U.S. crude oil prices rose above $80 a barrel on Tuesday for the first time since November. This surge comes ahead of an important decision by OPEC+ on whether to push ahead with plans to increase output.
