New Country to Join Abraham Accords on Thursday, Says Witkoff
A new country is set to join the Abraham Accords this Thursday, according to Witkoff. This development marks a significant expansion of the Middle East peace initiative.
Tech Stocks Experience a Weekly Decline Amid AI Rally Slowdown
Technology stocks have slid, moving toward a weekly loss as the momentum of the AI rally faces some challenges. Investors remain cautious amid these fluctuations.
Tesla Investors Approve $878 Billion Pay Package for Musk
Tesla shareholders have voted to approve an $878 billion compensation plan for Elon Musk, their CEO. This decision reflects confidence in Musk’s leadership, though it is not the only matter on the agenda.
Gold Prices Rise as Dollar Weakens and Fed Easing Expectations Grow
Gold prices have climbed due to a weaker U.S. dollar and increasing bets on Federal Reserve easing. Despite the rise, gold is still positioned for a weekly loss.
Elon Musk’s $1 trillion Tesla pay plan secures shareholder approval.
Author's summary: Recent market moves include a new signatory for the Abraham Accords, a slowdown in tech stock gains, a major Tesla pay approval, and mixed trends in gold prices amid economic shifts.