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February 11, 2024: Chips Ahoy!

February 11, 2024: Chips Ahoy!

Last week, Dow Jones was up just fractionally while S&P 500 rose 1.4%, moving above the key 5,000 level. Nasdaq gained 2.3%, briefly exceeding the 16,000 level. OpenAI’s CEO Sam Altman has spoken with investors about raising trillions of dollars to fund an effort...
February 04, 2024: Number Go Up

February 04, 2024: Number Go Up

On the back of risks we highlighted last week, markets struggled mid week, as Fed chief Powell largely ruled out a March rate cut, and Google results weighed on tech stocks. That said, Dow Jones and S&P 500 rose 1.4% last week as both set record highs. Nasdaq...
January 21, 2024: First S&P Record Close In Two Years

January 21, 2024: First S&P Record Close In Two Years

Last week, stock markets had a strong finish. On Friday, S&P 500 rose past its January 2022 all-time high. Dow Jones also closed at an all-time high. Nasdaq, while still not at a record high, closed at a two year high after rising 2.9%. Reddit plans to go public...