While Orkut faded into obscurity, Facebook—through strategic growth, innovation, and savvy PR—evolved into Meta Platforms, turning a $1,000 IPO investment into nearly $17,000 and cementing its status as a $1.6 trillion tech giant.
The weekend saw major EV and autonomy developments, with Tesla teasing FSD ahead of its Robotaxi event, Uber and Waymo pushing self-driving tech, Bezos-backed Slate challenging Cybertruck with 100K orders, and Republicans introducing a bill to roll back EV incentives.
Alibaba Group reported mixed fourth-quarter fiscal 2026 results, beating earnings estimates while lagging on revenues. Investors should take a close look at ETFs having the largest allocation to this Chinese e-commerce giant.
China has approved plans to build 10 new nuclear reactors for 200 billion yuan ($27.7 billion), positioning it to surpass the U.S. as the world’s largest nuclear power producer by 2030, according to Nikkei Asia.
Wall Street saw a surge of activity last week, with expert warnings, Bill Gates criticizing Trump's tariffs, and Trump announcing a $600B Saudi deal, all while market optimism may be misleading, according to analysts.
U.S. tariffs on Chinese imports will be cut to 30 percent from 145 percent, and China’s tariffs on U.S. imports will be cut to 10 percent from 125 percent.
Walmart reported better-than-expected first-quarter fiscal 2026 results. WMT shares are down 0.5%. This has put ETFs with the highest allocation to the world's largest brick-and-mortar retailer.
