“Volmageddon” is not a Word in the Dictionary.
This term is a blend of "volatility" and "Armageddon," and it refers to a significant and sudden increase in market volatility. It specifically references an event on February 5, 2018, when the stock market experienced a sharp increase in volatility.The previous time the skew reached such a low level was on that exact day, mere hours before Volmageddon caused the VIX to skyrocket, moving it from a serene level of 14 to a heightened state of 40. source : zerohedge
2024 YTD S&P 500 Returns by Sector
source : pauldejong
Google pledges 25 million euros to boost AI skills in Europe
Google opens new tab has pledged 25 million euros ($26.98 million) to help people in Europe learn to use artificial intelligence (AI). Announcing the funding on Monday, the tech giant said it had opened applications for social enterprises and nonprofits that could help reach those most likely to benefit from training. The firm will also run a series of “growth academies” to support companies using AI to scale their companies and has expanded its free online AI training courses to 18 languages. The data centre will be located in the town of Waltham Cross, about 15 miles (24.14 km) north of central London. source : reuters
The 100 Most Valuable Brands in the World are Worth more than $5 Trillion
source : visualcapitalist
Freedom's Triumph
On February 11th, 1990, after spending 27 years in prison for his anti-apartheid activities, Nelson Mandela was freed. His release marked a pivotal moment in South African history, foreshadowing the end of a system of racial discrimination in the country. Mandela's leadership and commitment to equality led to his election as South Africa's first black president in 1994, laying the foundation for the country's democratic transformation.
Record inflow to EM equities
Emerging Market Stocks see a weekly inflow of $20.8 billion, the most in history source : BofA, barchart
The S&P500 Index Returns Based on the Year of the Dragon
source : carson
Bezos Sells $2 Billion of Amazon Shares in First Major Stock Sale Since 2021
Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. The Amazon founder has sold over $30 billion in shares since records going back to 2002, including about $20 billion combined in 2020 and 2021. He has primarily been gifting stock, including shares worth roughly $230 million that were given to nonprofit organizations in November. source : yahoo!finance, bloomberg
