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- Business and Finance News - 8.20.24
Business and Finance News - 8.20.24
Good Morning, Students!
Venture capital is a form of private equity that involves investors providing financing to startup companies and small businesses with high growth potential. These investors typically seek out early-stage enterprises that they believe have the ability to scale rapidly and generate substantial returns. By offering capital in exchange for equity, venture capitalists take on significant risk but also stand to gain considerable rewards if the businesses they invest in succeed.
Invest in venture capital to tap into high-growth opportunities and potentially achieve significant returns.
-Mr. W
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TOP STORIES
*Advanced Micro Devices (AMD) - AMD (Advanced Micro Devices) is a semiconductor company, primarily known for its development and manufacturing of computer processors and related technologies.
*ZT Systems - ZT Systems is a company that designs and manufactures custom server solutions for hyperscale data centers, cloud computing, and enterprise customers.
*Estee Lauder (EL) - Estée Lauder is a global leader in the beauty industry, specializing in the development, manufacturing, and marketing of skincare, makeup, fragrance, and hair care products. The company owns a portfolio of high-end brands, including Estée Lauder, Clinique, MAC, Bobbi Brown, and Jo Malone London.
*GeoVax Labs (GOVX) - GeoVax Labs is a biotechnology company that focuses on developing vaccines and immunotherapies for infectious diseases and cancer.
*General Motors (GM) - General Motors (GM) is a multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts.
*Southwest Airlines (LUV) - Southwest Airlines is a major American airline known for its low-cost carrier model.
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THE MARKETS
Here’s how the major indexes did yesterday:
Dow Jones Industrial Average: 40,896.53 +236.77 (+0.58%)
S&P 500: 5,608.25 +54.00 (+0.97%)
Nasdaq Composite: 17,876.77 +245.05 (+1.39%)
Russell 2000: 2,167.50 +25.58 (+1.19%)
Here’s how leading market ETFs did yesterday:
SPDR S&P 500 ETF Trust (SPY): 559.61 +5.30 (+0.96%)
iShares Core S&P 500 ETF (IVV): 562.61 +5.18 (+0.93%)
Invesco QQQ Trust (QQQ): 481.27 +6.24 (+1.31%)
Vanguard S&P 500 ETF (VOO): 514.35 +4.90 (+0.96%)
Vanguard Total Stock Market ETF (VTI): 275.75 +2.58 (+0.94%)
Here’s how The Magnificent Seven did yesterday:
Apple (AAPL) [3.464T]: 225.89 -0.16 (-0.07%)
Microsoft (MSFT) [3.133T]: 421.53 +3.06 (+0.73%)
Nvidia (NVDA) [3.203T]: 130.00 +5.42 (+4.35%)
Alphabet (GOOG) [2.073T]: 168.40 +3.66 (+2.22%)
Amazon (AMZN) [1.855T]: 178.22 +1.16 (+0.66%)
Meta Platforms (META) [1.343T]: 529.28 +1.86 (+0.35%)
Tesla (TSLA) [710B]: 222.72 +6.60 (+3.05%)
Here’s how the major cryptocurrencies did yesterday:
Bitcoin (BTC): $60,288.32 (5:30PM PST on 8/19/24)
Ethereum (ETH): $2,655.59 (5:30PM PST on 8/19/24)
Solano (SOL): $146.32 (5:30PM PST on 8/19/24)
Disclaimer: This content is not intended as financial guidance. The purpose of this newsletter is purely educational, and it should not be interpreted as an encouragement to engage in buying, selling, or making any financial decisions regarding assets. Exercise caution and conduct your own research before making any investment choices.