Elon's Greatest Invention... Hidden in South Memphis?

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Asia Up, Europe Mixed, While Yen Surges Against Dollar - Global Markets Today While US Slept

Akanksha Bakshi
April 29, 2024

On Friday, April 26th, the U.S. stock markets closed higher, supported by strong earnings from tech leaders and mild inflation data.

The market reacted positively to Alphabet’s first dividend and a $70 billion buyback, driving its shares up 10% and lifting its valuation above $2 trillion.

Related: Alphabet’s Blockbuster Results Highlight Its Transition From AI Laggard To Going ‘On The Offensive’: 11 Analysts Revise Forecasts After Q1 Results

Economic data showed the Federal Reserve’s key inflation gauge, the PCE price index, climbed to 2.7% in March from 2.5% in February, surpassing forecasts of 2.6%.

Six of the eleven main S&P 500 sectors ended higher, led by communication services, technology, consumer discretionary, and materials.

The Dow Jones Industrial Average gained 0.40% to close at 38,239.66. The S&P 500 was up 1.02%, ending the day at 5,099.96, while the Nasdaq Composite rose 2.03%, finishing the session at 15,927.90.

Asian Markets Today

  • On Monday, Japan’s Nikkei 225 index closed higher by 0.81% at 37,934.76, led by gains in the Electrical/Machinery, Gas & Water, and Chemical, Petroleum & Plastic sectors.
  • In Australia, the S&P/ASX 200 index closed the session up by 0.81% at 7,637.40, led by gains in the IT, A-REITs, and Telecoms Services sectors.
  • India’s Nifty 50 was up 1.00% at 22,643.40, and Nifty 500 was trading higher by 0.73% at 20,992.
  • China’s Shanghai Composite gained 0.79% to end the session at 3,113.04, and the Shenzhen CSI 300 rose 1.11%, closing at 3,623.91.
  • Hong Kong’s Hang Seng Index gained 0.54%, concluding the day at 17,746.91.

Eurozone at 05:45 AM ET

  • The European STOXX 50 index was down 0.14%.
  • Germany’s DAX declined 0.06%.
  • France’s CAC rose 0.08%.
  • U.K.’s FTSE 100 traded higher by 0.55%.

Commodities at 05:45 AM ET

  • Crude Oil WTI was trading lower by 0.23 % at $83.66/bbl, and Brent was down 0.31% at $87.93 bbl.
  • Natural Gas gained 1.72% to $1.956.
  • Gold was trading higher by 0.21% at $2,352.00, Silver gained 0.54% to $27.685, while Copper was up 0.78% at $4.6105.

US Futures at 05:45 AM ET            

Dow futures were up 0.08%, S&P 500 futures rose 0.13%, and Nasdaq 100 Futures gained 0.21%.

Forex at 05:45 AM ET

  • The U.S. Dollar Index slipped 0.24% to 105.68, USD/JPY was down 1.61% to 155.80, and USD/AUD declined 0.55% to 1.5235.
  • The yen surged against the dollar on Monday, as traders attributed the rise to Japanese authorities intervening to support the currency, which had been at its lowest in over thirty years.

Photo via Shutterstock

Continue Reading...

Popular

What we know about Monday's sweeping power outage in Spain and Portugal

MADRID (AP) — The sweeping that hit Spain and Portugal this week has raised questions about the electricity grid in a region not normally known for blackouts.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Trump Says He May Deserve A Nobel Peace Prize For This Reason

U.S. President Donald Trump hinted that his contribution to the Abraham Accords could potentially make him a worthy contender for the Nobel Peace Prize.

US gives initial approval for $3.5 billion missile sale to Saudi Arabia before Trump's planned visit

DUBAI, United Arab Emirates (AP) — The United States has given initial approval to sell $3.5 billion worth of air-to-air missiles for Saudi Arabia's fighter jets, the latest proposed arms deal for the region ahead of 's planned trip to the region later this month.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Trump Says 'I Run The Country And The World,' Yet Polls Plummet

The Atlantic published an in-depth interview with President Donald Trump on Monday, marking the first 100 days of his second term in the White House. 

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Musk defends his work as he prepares to wind down at DOGE but gives hazy answers on future

WASHINGTON (AP) — , preparing to step back from his work leading the , had a request of the reporters gathered at the White House to interview him: Before he would answer any questions, he wanted someone to tell him a joke.

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

What's Going On With VeriSign Shares Friday?

VeriSign reported better-than-expected first-quarter earnings on Thursday after the market closed.

Bitcoin Eyes $100,000, Experts Assert, But Will The Federal Reserve Play Ball?

As the Federal Reserve convenes this week, the cryptocurrency market is closely monitoring signals that could influence Bitcoin‘s (CRYPTO: BT

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Dogecoin 'Millionaire' Says Give A 'Serious' Thought To Floki As Memecoin Makes Impressive 30% Gains Over 7 Days, Asks Followers To 'Strap In'

Dogecoin (CRYPTO: DOGE) “millionaire” Glauber Contessoto took to X on Sunday to spotlight the remarkable performance of Floki (CRYPTO: FLOKI), noting its 33% rise over the past week.

Pony.ai Shares Volatile Amid Strategic Tencent Partnership And Hesai Lidar Integration: What's Going On?

Pony AI Inc. (NASDAQ: PONY) shares are trading lower Friday despite the company announcing two significant developments aimed at boosting its autonomous driving capabilities and commercialization efforts.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

As US Credit Card Debt Soars, Record Number Of Americans Rely On Minimum Payments Amid Recession Fears And Trump Tariffs

A record-high percentage of U.S. households are making only minimum payments on their credit cards, according to new data released by Apollo Global Management Inc. Chief Economist Torsten Slok.

Nintendo Stock Hits All-Time High Amid Switch 2 Preorder Frenzy: What You Need To Know

Nintendo stock is soaring on Thursday amid outsized demand for its latest video game console. The company said it received 2.2 million applications in the lottery for its Switch 2 device in Japan, far exceeding expectations.

You Can Take a Stake in Elon's xAI Before June 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Did Donald Trump — or ABC News —choose who would interview the president? Why does it matter?

NEW YORK (AP) — During a contentious in his interview with ABC News' Terry Moran this week, President brought up — from his perspective — how Moran had gotten into the White House in the first place.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

What are the major issues in Australia's election Saturday?

MEBOURNE, Australia (AP) — Australians vote Saturday in being dominated by the soaring cost of living, the economy, energy and China.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Super Micro Computer Suffers 80% Fall From AI Peak, Traders Wary Ahead Of Q3 Earnings

Super Micro Computer reports Q3 2025 earnings with EPS of 50 cents on $5.42 billion revenue. Stock dropped 60% in past year.

'Sell In May And Go Away?' Only In Bear Markets, One Expert Says

Historically, markets deliver weaker and more volatile returns during the May through October timeframe than any other time of the year.

Strange Picture Predicts the Market's Next Move? - Ad

This photo was taken just after the 1929 crash. Weeks earlier, a strange investment secret predicted it all. Even more shocking-it's accurately forecasted every major market event since. And now, it's flashing again.

Shiba Inu Burn Rate Skyrockets 2,094%: What Is Going On?

Shiba Inu (CRYPTO: SHIB) has seen a massive spike in burn activity and on-chain growth, fueling speculation of a

Trump-Affiliated World Liberty Financial Defies Ethics Concerns, Raises $550 Million

WLFI, a Trump-run crypto venture, raised $550M from global investors but conflicts with Trump's presidency raise ethical concerns.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Jeff Bezos Says It's 'Easy To Have Ideas' — But Here's Why Only The Relentlessly 'Stubborn' Can Turn Them Into Trillion-Dollar Businesses Like Amazon

Jeff Bezos explained that turning ideas into successful billion-dollar businesses like Amazon requires a unique blend of "stubborn relentlessness" and "flexibility," emphasizing the hard work and adaptability needed to bring ideas to life.

Analyst Weighs In: Bitcoin Soared Nearly 11% Last Week, But Where's the Next Resistance Coming?

An influential cryptocurrency analyst flagged Bitcoin’s (CRYPTO: BTC) next resistance level and a potential bearish signal amid the apex cryptocurrency’s resurgence this week.

What Nvidia's $500B Move Could Mean for the Next Tier of Builders - Ad

With big tech locking in supply, smaller players are left waiting. But one public company is building an edge: partnering inside NVIDIA's ecosystem and delivering real compute to real customers.

Donald Trump Downplays Allies' Roles in World Wars, Credits US for Victories: 'We Won Both Wars, Nobody Was Close To Us'

In a recent post on Truth Social, President Trump claimed that the United States played a significantly larger role in winning both World Wars than its allies.

Activists to rally worldwide on May Day, with US protests targeting Trump policies

CHICAGO (AP) — From worker rights rallies to marches for social justice, activists around the globe will kick off demonstrations on Thursday.

Nvidia Just Committed $500B to AI Infrastructure - Here's the Quiet Ripple Effect - Ad

The AI race isn't just about apps anymore - it's about infrastructure. NVIDIA's $500 billion announcement is a wake-up call: the real opportunity may lie in powering the future, not just coding it. One public company is already stepping in and has support from NVIDIA's inner circle.

Chinese singles are looking for love in video chats — with thousands following along in real time

Steve Chen had never been in love. Last spring though, it happened. The 25-year-old met his first girlfriend in a way he couldn't have imagined before: a livestreamed video chat.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service