Next week, Amazon is set to join the prestigious Dow Jones Industrial Average, becoming one of the most valuable companies listed on the index. This move marks a significant milestone for the e-commerce giant as it continues to dominate the retail and tech industries.
US indices and gold prices recovered losses last week after US inflation fears spooked markets. The S&P 500, Dow Jones Industrial Average, and Nasdaq all bounced back after posting losses earlier in the week. Gold prices also rallied, climbing above $1,800 per ounce as investors sought safe-haven assets amid market uncertainty.
Stock Market Week: Nvidia, Walmart, Home Depot; Investing Action Plan
Bitcoin exchange-traded funds (ETFs) have experienced significant growth in recent weeks, with a total of $2.2 billion in net inflows reported over the past week alone.
Nvidia and its CEO, Jensen Huang, are poised to have a significant impact on the markets this week with the unveiling of new products and announcements that will likely drive increased interest in the company’s stock.
Last week, the internet was flooded with extremely stupid posts that had people rolling on the floor with laughter. From ridiculous memes to nonsensical comments, these posts seemed to be the epitome of stupidity.
Bitcoin closed the week with a strong performance, hovering above the $51,000 mark. The cryptocurrency’s price has been steadily climbing over the past few weeks, gaining traction as more investors show interest in digital assets.
In a recent move that has attracted widespread attention, Jeff Bezos, the founder and former CEO of Amazon, has sold more than $4 billion worth of his Amazon shares in the past week alone. This significant sale has sparked curiosity among investors and analysts, who are eager to comprehend the motives behind Bezos’ decision.
Gas prices across the state have witnessed a significant surge over the past week, with the average price per gallon soaring by 26 cents. This sudden hike has left many motorists grappling with the economic impact of their daily commutes.
Oil prices began the week on a downward trend as hopes of a diplomatic solution to the ongoing conflict in Gaza provided some relief to the market. With tensions easing between Israel and Hamas, investors turned their attention to the potential easing of supply disruptions in the region.
