Bezos sells 12 million Amazon shares

S&P 500 closes 5,000+. Best Rolex to buy. Skiing in North Korea?

S&P 500 Hits Milestone 5,000 Mark.

Wall Street hits new heights as S&P 500 closes above 5,000 for the first time. Investors cheer lower-than-expected December inflation and strong quarterly earnings. Tech giants like Amazon, Meta, Microsoft, and Nvidia lead the charge, contributing to 70% of S&P 500's gains this year. The Nasdaq Composite leads the upward trend with a 1.3% increase.

Fidelity All-in-one ETF Allocates Up To 3% In Bitcoin. Fidelity Canada now includes Bitcoin in its ETFs which makes it one of the largest Bitcoin ETFs globally. Investor interest rises as FBTC, IBIT, ARKB, and BITB join in, increasing exposure to crypto.

Nvidia Nears Amazon's Market Value. Nvidia's value skyrockets, closing in on Amazon's market cap. In just two months, it's added almost as much as Tesla's entire worth. Nvidia is now valued at $1.72 trillion, inching close to Amazon's $1.76 trillion. Google's Alphabet stands at $1.82 trillion, trailing behind Microsoft and Apple.

Bezos Sells $2 Billion Worth of Amazon Shares. Jeff Bezos sells 12 million Amazon shares, marking his first stock sale since 2021. The transactions, occurring on Wednesday and Thursday, amount to over $2 billion, as per regulatory filings.

OpenAI hit the $2 billion revenue milestone in December and is hoping to more than double its current revenue by 2025, driven by significant demand from corporate clients eager to integrate generative AI technologies into their operations.

Cocoa Prices Are So Up. The cost of cocoa, the essential ingredient in chocolate, has soared to a new record due to weather affecting crops in West Africa. On the New York commodities market, the price per ton reached an unprecedented $5,874 (£4,655) this Thursday.

Google's Gemini: A Preview of AI Potential.

Google's Gemini assistant offers a glimpse into the AI future, both impressive and limited by its strong ties to Google services. Gemini's strength lies in its integration with Gmail, Google Maps, and Google Docs, though its conversational abilities fall short compared to ChatGPT.

Saudi Arabia Launches Luxury Train to Cross Desert in Style.

Saudi Arabia Railways (SAR) partners with Italian firm Arsenale Group to launch a luxury train venture. Named "Dream of the Desert," the train will offer upscale journeys from Riyadh to Qurayyat starting in late 2025, and it looks fire.

Would You Go Skiing in North Korea? North Korea opens its doors to tourists for the first time since the pandemic, welcoming a group of Russians. Despite travel restrictions elsewhere, North Korea allows Russian tourists, offering visits to Pyongyang and skiing activities.

Finnair’s Weigh-In Policy. Finnair has implemented a voluntary weigh-in policy at Helsinki airport, encouraging passengers to step on scales at departure gates. This initiative, aimed at enhancing flight safety, seeks to gather more accurate data on the plane's weight before departure. It’s voluntary, of course.

Luxury Travel is Back. Luxury brands like Hermes, Tapestry, and Ralph Lauren show signs of pandemic recovery. Expert predicts 2024 to be as booming for luxury travel as 2023. Premium travelers seek frictionless experiences, driving demand for hassle-free planning.

New York’s Historic Total Eclipse.

Less than 2 months until New York's first total eclipse in nearly a century. During the afternoon of April 8, 2024, a total eclipse will encompass the western and northern parts of New York State. In less than 15 minutes within a 3:15 p.m. to 3:30 p.m. window, the moon will pass between the earth and sun, turning day into night for 1 ½ minutes to 3 ½ minutes. What can we say… come for the eclipse, but stay for New York!

LVMH Targets $30 Billion Watch Market.

LVMH sets sights on luxury watch market with new division and high-end models. Sales expected to rise as global wealth grows and younger generations embrace mechanical watches. With brands like TAG Heuer, Hublot, and Zenith, LVMH expands its luxury watch portfolio to capture market share. The luxury giant now boasts 10 watch brands alongside renowned fashion and jewelry labels.

Two Rolex Models Beat Falling Watch Prices. Only two used Rolex models see value increase amidst falling prices. Rolex GMT Master II "Pepsi" climbs 5% in the past year, now at $20,000. Reference 69173 Lady-Datejust gains 1% in value, trading at around $4,200. These models stand out as top performers in a market downturn.

Recommended by Experts

Top 7 Healthiest Fish.

Surprisingly, sardines, often overlooked, pack a punch with their high omega-3 and calcium content, making them a top choice for health-conscious eaters.

Bluefin tuna

The Two-Million-Dollar Fish is Back.

The previously endangered (and costing for than £2m for a single fish in Japan) bluefin tuna has returned in substantial numbers.

To watch

Top Films to Watch on Apple TV+ Today. From "Napoleon" to "Killers of the Flower Moon," discover all the must-see movies currently streaming on Apple TV+.

Super Bowl

Usher Makes History as Independent Super Bowl Halftime Headliner. Usher, having shared the stage at Super Bowl XLV in 2011, fulfills his dream by becoming the first independent artist to headline the halftime show.

What Turned Earth Into a Giant Snowball 700 Million Years Ago.

Short answer: Australian geologists pinpoint historically low volcanic CO2 emissions and enhanced weathering in Canada as the main factors behind Earth's extreme ice-age climate over 700 million years ago. A combination of reduced volcanic degassing and erosion of a continental volcanic province in Canada led to a significant decrease in atmospheric CO2 levels, triggering the planet's transformation into a giant snowball.

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