๐Ÿ“ˆ NVDA Breaks Records

Plus: BTC nears a new high

Good Morning!

First up, Nvidia is basically the Superman of chip makers, having just soared past a whopping $2 trillion market cap.

In the soap opera of tech titans, Elon Musk is stirring the pot with a lawsuit against his brainchild, OpenAI. It's like watching a Silicon Valley drama series, but with courtrooms and AI ethics debates. Popcorn, anyone?

And for our crypto enthusiasts, Bitcoin is the diva of digital currency right now, strutting past $65,000 and winking at record highs. It's like watching a digital rocket launch, except it's your investment portfolio.

Don't miss out on staying ahead in the crypto game - hit the link below to subscribe to The Crypto Journal. It's free, it's one-click-easy, and it's your golden ticket to the latest in crypto craze. Trust us, you won't want to be the last to know!

Crypto JournalBecome a better crypto investor in just 5 minutes. Bitesize market-moving news, summaries and links from the world of crypto and web3.

Grab your Mocha Choco Frappe and let's get into it! โ˜•๏ธ๐Ÿ‘‡๏ธ
Coffee submitted by Sven - Send us your favourite order to win free Investing Journal Premium!

Markets

Nikkei leads world higher in event-packed week ahead (5 minute read)
On Monday, global stocks got a bit of a pep in their step, with a cheery nod to Japan's Nikkei hitting the high notes. Europe was humming a more mixed tune, but that didn't dampen the spirits. Investors are strapping in for a rollercoaster week filled with central bank shindigs and some juicy data that might just spice up their betting games.

And get this: Federal Reserve honcho Jerome Powell is set to play a bit of show and tell with lawmakers midweek. But, word on the street is he's likely to keep his cards close to his chest, especially after those recent inflation surprises that have everyone rethinking their next move.

Investing

Nvidia crosses $2 trillion market cap for first time (5 minute read)
Nvidia (NVDA), the big kahuna of chip making, just zipped past a jaw-dropping $2 trillion market cap as the closing bell rang on Friday. That's right, their shares have skyrocketed, soaring over 70% since the start of the year - talk about a high score! Over at Yahoo Finance, anchors Julie Hyman and Madison Mills are diving into this tech titan's latest achievement.

Musk Sues OpenAI (2 minute read)
In a twist that sounds straight out of a tech thriller, Elon Musk has launched a legal battle against OpenAI, the AI powerhouse he helped to create, and its CEO, Sam Altman. The drama is unfolding in the California Superior Court in San Francisco, where Musk is throwing down the gauntlet. His bone of contention? He believes OpenAI has strayed from its noble roots of advancing AI for the greater good of humanity, and instead, has started chasing dollar signs. Musk isn't just raising his voice; he's demanding action. He wants the court to compel OpenAI to open its treasure trove of research and tech, and to put the brakes on using its shiny tools, like GPT-4, for lining the pockets of Microsoft or anyone else.

Bitcoin tops $65,000 as token pushes toward record highs (5 minute read)
Bitcoin is on a turbocharged joyride, hitting a two-year high on Monday! The star of the show strutted past $65,000, flirting with record-breaking levels, all thanks to a cash wave pouring into exchange-traded funds.

This morning, Bitcoin was basking in the glory of a 5.7% rise, sitting pretty at $65,015.60. Earlier, during the Asian trading session, it had already flexed its muscles, reaching $64,285 - a peak it hadn't seen since 2021. This year alone, Bitcoin has bulked up its market value by over 50%.

Crypto-exposed stocks are riding Bitcoin's coattails, revving up in Wall Street's premarket trading. Coinbase Global, the big cheese of U.S. crypto exchanges, along with crypto miners like Marathon Digital, Riot Platforms, and CleanSpark, are all joining the pre-opening bell party in New York

๐Ÿฅ

Best of Twitter

Thanks for reading, if you enjoyed, tell your friends!

P.S: If you're interested in crypto and web3 - check out our new newsletter, The Crypto Journal!

Crypto JournalBecome a better crypto investor in just 5 minutes. Bitesize market-moving news, summaries and links from the world of crypto and web3.

Share The Investing Journal with your friends to receive rewards!

๐Ÿ‘€ย