| Nvidia was on the verge of becoming the first company worth $5 trillion after the heavyweight chipmaker said it had $500 billion in bookings for its artificial intelligence processors and that it will build seven new supercomputers for the U.S. Department of Energy. |
| Gold slipped to a three-week low as hopes for progress in U.S.–China trade talks dimmed its safe-haven allure, while investors’ focus tipped over to the Federal Reserve’s interest rate decision this week. |
The Federal Reserve will go into a policy meeting next week with its view of the economy obscured by a U.S. government shutdown that has suspended the release of key data, a less-than-ideal situation for policymakers divided over which risks deserve the most attention
Apple shares surged to an all-time high, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone.
XRP bounced from Friday’s lows of $2.18, rising as much as 13% to start the week. XRP whales remain confident about the prospects of a further rally, using the recent pullback to accumulate more tokens.
Earnings reports next week, including from Tesla and Netflix will provide a deeper look at U.S. corporate profits while delayed U.S. inflation data will mark another test of the stock market, which has become shakier even as it remains around record highs.
