Is AI the new dot-com bubble? The stock market and trade wars say otherwise. Plus, who’s taking over TikTok, hologram doctors are here, and fake CAPTCHAs are tricking you.
To the moon: The New York Stock Exchange is moving its fully electronic stock market headquarters from Chicago to Dallas. Why? They say it’s because Texas has the most NYSE listings of any state, with over $3.7 trillion in market value. You’d better believe the business-friendly taxes and regulations are a draw, too. Look at Elon Musk. Tesla’s HQ moved to Austin in 2021, and he says X and SpaceX are next.
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What you would have if you’d invested $1,000 in Netflix 20 years ago. That’s based on the stock’s current price of $925.03. The streaming giant outperformed the market by 28.06% with an annual return of 36.49% over two decades. Does anyone have a time machine?