S&P 500's Record Rally, Meta's $65B AI Investment Plan, Novo Nordisk's Obesity Drug Boost 1/24/25
Squawk on the Street
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Market Shifts and Tech Investments
This chapter examines the recent rally of the S&P 500, noting a departure from traditional dominance by tech giants like Apple and NVIDIA. It explores diverse sector performances, particularly in pharmaceuticals and railroads, while highlighting major companies such as Meta, Amazon, and Oracle amidst their upcoming quarterly earnings. The discussion also delves into Meta's significant AI investment plans and the broader implications for market dynamics and corporate strategies.
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