The metaverse could be a $1.6 trillion opportunity by 2030.The opportunity dwarfs the cash that Meta's Reality Labs segment is burning trying to build it.
Bank America probably has the biggest, essentially zero interest source of capital of any bank in the U.S. It's really, really impressive.This bank will doing very well in the current environment.Bank of America is one of the top big banks to own.
Still, this might not be enough to save Amazon stock, at least for the interim. As powerful as the company is, it appears to be no match for the Federal Reserve.Inflation and the Uphill Battle for AMZN StockYou don’t need to be an economist to recognize that something is very wrong: A quick trip to the gasoline station will tell you that immediately. On a personal level, I almost spent a Benjamin filling up my tank — a first by a country mile.
West Texas Intermediate crude oil, the U.S. benchmark, currently sits above $90 per barrel. Henry Hub natural gas prices are over $4.30 per one million British thermal units (MMBtu). These are the highest oil and gas prices since 2014.
Geopolitics will also be in focus this week. U.S. President Joe Biden will travel to Brussels for a two-day meeting with NATO and EU leaders. The focus will be Western allies' response to Russia's invasion of Ukraine.