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hey let's dive into the latest stock market news and get hyped about the stock market movements brace yourselves because stocks took a tumble leaving investors feeling a bit jittery but don't worry there is hope despite investors fearing a potential recession in stock market crash with interest rate hikes happening around the globe it has sparked concerns about a potential Global recession as a result all three major indexes fell from their impressive streaks in the green with the stock market now in the red what should investors do now right now the best thing to do is to keep investing in strong Investments like vti schd and qqqm but let's look ahead to next week get ready for more action because Jerome Powell the Federal Reserve chair is scheduled to speak not once but twice Jerome Powell will give us updates on interest rate hikes and inflation which could significantly impact the stock market so it's time to keep our eyes peeled and stay informed but fear not because amidst the chaos we witnessed some exciting developments in the stock market GSK shares skyrocketed on both the London and New York exchanges because the company reached a settlement in a groundbreaking case this case which could have set a major precedent involved claims that gsk's heartburn drug Zantac causes cancer thousands of similar cases have been filed so this Victory is definitely worth celebrating for GSK and its investors so in the end it was found that their drug does not cause cancer now let's shift our attention to the world of coffee buckle up folks because Starbucks Baristas from over 150 stores are making a bold move they've decided to put their misspelling skills on hold and walk off the job in protest allegedly some managers banned rainbow flags and other Pride decorations and the Baristas are not having it the strike started at the Starbucks Reserve Roastery in Seattle and get this 3500 unionized workers are expected to join in over the next week however I think this is a bit silly Starbucks is a Coffee Joint and they are not supposed to be a political Hub to further an agenda however since lgbtqia plus representation has been known to lower stock prices retailers like Target and Kohl's have faced backlash for selling rainbow merch and their share prices have shown it plus beverage companies like anheuser-busch's brand Bud Light and Starbucks have seen their share prices lower because of similar lgbtq related agendas therefore by stepping away from this agenda it should reflect positively on their stock prices in other news we have Tesla stock and metastock updates because of their respected CEOs Elon Musk who is the Tesla CEO and Mark Zuckerberg who is the CEO of meta could potentially fight in hand-to-hand combat in the UFC octagon however Elon musk's mom may musk has implored her son and his fellow Tech billionaire Mark Zuckerberg to keep their hands to themselves after Elon challenged Zuck to a cage match and Zuck accepted now if they fought I think Mark Zuckerberg would win because of his history in martial arts Sports books are officially giving Jiu Jitsu Champions Zuck an 83 percent chance of winning if the two CEOs duke it out in the Vegas octagon but most don't share musk's mother's reluctance to watch the brawl UFC president Dana White told TMZ the bout could bring in over one billion dollars from pay-per-view with that said Elon musk's company named SpaceX is offering to sell select buyers shares at a price that values the private company at 150 billion dollars which is a big deal for stocks and other assets that are soaring this week we had Bitcoin hit its highest price in a year signaling that the crypto winter has started to thaw which is great news for investors plus we also saw Apple meta Royal Caribbean Take 2 Dell and Celsius all hit new 52-week highs we also saw Amazon ticker symbol amzn reportedly delaying the launch of a major expansion of its Amazon Clinic telemedicine service and hey check this out Amazon CEO Andy jassy announced that the company will invest an additional 15 billion dollars in India talk about making bold moves on a global scale oh and here's something fascinating happening in the tech world Google owned YouTube is testing a Cutting Edge tool that will allow creators to automatically dub their videos into different languages using the power of AI this is innovation at its finest and last but not least let's talk about the legendary investor Kathy Wood and her renowned firm Arc invest today they made some exciting moves they bought a whopping 976 521 shares of Robinhood the popular stock and cryptocurrency trading platform and she also invested in fintech company Sofi Technologies Kathy Woods average price that she bought Sofi stock at is around 8.28 which is right on time because the company is predicted to become profitable by the end of this year which should increase their share price substantially so there you have it my fellow Finance enthusiasts the market is buzzing with excitement from stock fluctuations and groundbreaking settlements to Epic showdowns and groundbreaking Investments stay tuned stay invested and let's ride this financial roller coaster together happy investing
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