Weekly Review, June 10 2024
Fortis’ News of the Week:
Cheyenne, Wyoming has six individuals running for mayor - with one notable stand out. VIC, or Virtual Integration Citizen, was developed by OpenAI and has entered it’s name as a mayoral candidate.
Hybrid work schedules and housing costs are leading to longer and longer commutes. Super commutes (driving 75 miles or more) are up by nearly a third since the pandemic.
Women’s employment has hit an all time high with 75% of all women age 25-54 working after an increase in the childcare employment sector.
The SEC debate on if Finfluencers (financial influencers) should be regulated as financial advisors continues as tension rises between wanting to protect investors and free speech.
Nvidia (NVDA) becomes the fourth “Magnificent Seven” stock to split since 2022. The company’s 10 for 1 stock split comes after a 212% price growth in the past year.