📊 Market Snapshot

• DOW: 🔽 0.51% (39,671.04)

• S&P 500: 🔽 0.27% (5,307.01)

• NASDAQ: 🔽 0.18% (16,801.54)

• BTC: 🔽 0.99% (69,450.20)

• ETH: 🔽 0.43% (3,773.20)

📎 Market Clips

• The Federal Reserve is no longer concerned about inflation picking up again

_{*Stock numbers as of market close, cryptocurrency as of 6:00pm EST yesterday. Source for Market Clips.}

First Report

🌍 European Nations Recognize Palestinian State

In a significant development, Norway, Ireland, and Spain announced their intentions to recognize a Palestinian state, marking a pivotal moment in the ongoing conflict with Israel. This announcement comes more than seven months into a severe conflict involving Israel and Hamas, which has escalated tensions in the region. Israel has responded by recalling its ambassadors from these nations, highlighting the growing diplomatic rift. 🇵🇸🤝

TL;DR ⏳: Amidst ongoing conflict, Norway, Ireland, and Spain's recognition of a Palestinian state deepens Israel's international isolation.

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Second Report

🚀 Nvidia's Stock Soars

Nvidia's shares surged past the $1,000 mark for the first time following its fiscal first-quarter earnings, which exceeded Wall Street's expectations significantly. This milestone reflects the chipmaker's pivotal role in the ongoing AI revolution. With a reported net income of $14.88 billion, up dramatically from $2.04 billion the previous year, and a robust sales forecast of $28 billion for the current quarter, Nvidia's financial health appears stronger than ever. This surge is powered largely by the sales of its AI chips, particularly to major tech firms like Google, Microsoft, and Amazon. 💰📈

TL;DR ⏳: Nvidia's explosive growth, fueled by the AI sector's demand for its cutting-edge chips, propels its stock to record highs.

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⚡ Quick Hits

1. 🗳️ Nikki Haley pledges support for Trump in upcoming election

2. 🚨 UCLA police chief moved after mishandling pro-Palestinian protest security

3. 📢 Florida court hearing over Trump's classified documents turns chaotic

4. 🔫 Workplace shooting in Chester, Pennsylvania leaves two dead, three injured, according to DA

5. 👩‍⚖️ Uvalde families secure $2m settlement from the city

6. 🏛️ Prosecutor Fani Willis and Judge Scott McAfee secure election victories in Georgia

7. ⚖️ Senate approves 200th judge under Biden, marking a significant achievement for Democrats

8. 🇬🇧 UK Prime Minister calls for election amid opposition anthem at gathering

9. 🚚 Over 500 metric tons of aid for Palestinians intercepted, says Pentagon

10. 🛒 Target reports a decline in grocery and home goods purchases

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