Eei, things dey happen for the market inside! Alphabet (GOOG, GOOGL), the tech giant we all know, just hit a whopping $3 trillion market cap! Chale, that be serious money o. This be the first time ever dem reach this level, making dem one of the biggest companies for the world inside.
Yahoo Finance dey report say this jump dey come after Citi raise demma price target for the stock go $280 from $225. Dem dey say na because people dey adopt demma Gemini AI models for ads and cloud businesses sake. So, the AI dey do wonders for Alphabet ein pocket inside.
But that no be all o! Figure Technology Solutions (FIGR), the blockchain lender, ein shares dey surge too! Dem dey up around 18% as dem dey start demma first full week of trading. After demma IPO, dem dey reach over $8 billion market cap. Things dey move fast for dem side too!
And guess wetin? The meme stocks dey come back o! Open Door, GoPro, and even the original GameStop (GME) dey rise. E be like retail traders dey feel the market optimism before the Fed decision. So, if you be meme stock lover, maybe now be the time to check dem out again.
The Dow dey just below the flat line, but the S&P 500 and Nasdaq dey hold near records. Investors dey expect the Fed to cut interest rates for the first time in nine months for Wednesday ein meeting. So, keep your eyes on the market, things dey change every minute!
Key Takeaways:
- Alphabet hits $3 trillion market cap
- Figure shares dey surge after IPO
- Meme stocks dey rally
Wetin you for Watch Out For:
Keep an eye on the Fed ein decision on Wednesday. E go affect the market big time. Also, watch how Alphabet ein Gemini AI dey perform. E be the key to demma success now. And finally, if you be meme stock investor, be careful! Dem fit be volatile.