Last year was the year of the Magnificent 7 stocks, the seven tech companies that powered the S&P 500 to a 24% gain. So dominant were those seven companies that if you removed them from the equation, the benchmark index would have generated only 8% for the year.
A somewhat controversial concept, metaverse stocks to buy presents both opportunities and pitfalls. Still, with so much money being poured into the digital ecosystem – which is broadly defined as a network of shared, immersive virtual worlds where people can connect with each other – it's worth keeping this sector on your radar.
The S&P 500 continues to reach all-time highs as the rally in equities carries on. As we end the first quarter, the benchmark index is up 10% and moving higher.
This year has been exceptionally favorable for the social media industry. To illustrate, on February 2, Meta Platforms (NASDAQ: META ) surged to set a record for a single-day price jump in Wall Street history.
Meta's oversight board on Tuesday called on the company to end its blanket ban on the Arabic word "shaheed," or "martyr" in English, after a year-long review found the Facebook owner's approach was "overbroad" and had unnecessarily suppressed the speech of millions of users.
India's recent economic success, solid momentum and promising prospects are making the country ever more influential both regionally and internationally. But the experience of other countries — most notably China over the past three decades — suggests that such rapid influence and robust progress can be tricky to manage.
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