$GOOG's $766 billion October wipeout could have paid for 838 Golden Gate Bridges.
The bridge cost about $35 million in the 1930s, roughly $914 million today, adjusted with the Bureau of Labor Statistics’ CPI Inflation Calculator.
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Profits from the U.S. oil major refineries have surged as they have ramped up production to take advantage of high diesel fuel prices globally. https://t.co/Td21mdHQqK
Marvell Technology is in talks to buy data center optics maker Lumentum Holdings. The deal could close next week according to sources.
Nvidia backs up Lumentum which has a market value of about $83 billion. Ryan Gould reports https://t.co/QWe6x6hLo7
The US economy expanded at a 3.4% annualized pace in the third quarter, topping forecasts as the AI build-out drove a 12.7% jump in business investment.
The report is the last major look at the economy before next week’s midterm elections.
Read more: https://t.co/CZAct2Z5hB
US stock indexes advanced after the Federal Reserve left its key policy rate unchanged, as widely expected, leaving investors betting on a rate hike at its next monetary policy meeting in December