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Palantir Joins Nasdaq-100
According to recent reports, Palantir Technologies Inc. (PLTR) is set to join the Nasdaq-100 Index, with the stock having surged an impressive 1,090% since early last year, driven by the company’s strong position in artificial intelligence and data analytics. Read more
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Nasdaq Hits Record High
The Nasdaq Composite reached a new record closing high on Tuesday, driven by gains in technology stocks as investors eagerly awaited earnings reports from major tech companies. Read more
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$4 Trillion Market Race
As reported by multiple sources, tech giants Apple, Microsoft, and Nvidia are engaged in a fierce competition to become the first company to reach a $4 trillion market capitalization, with analysts predicting this milestone could be achieved within the next 6-9 months amid the ongoing AI revolution. Read more
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S&P 500 Historic Milestone
The S&P 500, widely regarded as the most reliable gauge of overall U.S. stock market performance, has entered the third year of its current bull market run, a milestone not seen since 2011. According to reports from The Motley Fool, this achievement, coupled with the index’s best January-through-September performance since 1997, suggests that the ongoing… Read more
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Apple’s historic $110b share buyback
Apple recently announced a record-breaking $110 billion share buyback plan, the largest in U.S. corporate history. This surpasses Apple’s own previous record of $100 billion in share repurchases authorized in 2018. Read more
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The stock market has a ‘systemic problem’
Even as earnings for the first quarter come in better than expected, the market has struggled to climb higher consistently as rising Treasury yields weigh on sentiment for equities, reminding investors of the period in 2023 when higher yields sent stocks crashing. Read more
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Google surpasses $2 trillion market cap
Google’s parent company, Alphabet, has recently surpassed a $2 trillion market capitalization, marking a significant milestone in its financial performance. Read more
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