by | Last updated on Feb 3, 2023 at 1:35PM | Published on Feb 3, 2023 | TechA bit of a head-scratching moment in the stock market as Apple stock, Google stock and Amazon stock all jumped overnight. The stock market famously doesn’t like it when the Federal Reserve adjusts rates and Jerome Powell, the man at the wheel, has hinted more rate hikes may come. Breaking News: Meta’s stock rose by the most in a decade as the mood among tech investors brightens, adding $100 billion to the company's market value. In addition to that, Coinbase shares went up after a federal judge dismissed a class-action lawsuit against the crypto exchange. Image: TeslaAs for the crypto market, the FTX fiasco has been priced in by the market and ‘digested’ by investors.
Source: New York Times February 03, 2023 10:00 UTC