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Weekly Update - August 4, 2023

Written by Fobi | Aug 4, 2023 11:00:00 PM

 

Fobi Updates

 

Fobi Shares

Volume of shares traded: 1,566,260

Net change:  -11.5% (-0.035)

 

Press Releases

Fobi AI Signs Data License Agreement with Phillips Brewing & Malting Co. to Deliver Enhanced Data Analytics & Insights

 

Blogs

Tapping into the Rise of Ready-to-Drink (RTD) Beverages & Canned Cocktails

 

Top News

Dow Jones Industrial Average

Last: 35,065.62

Net change: -1.1% (-394)

 

Nasdaq Composite Index

Last: 13,909.24

Net change: -2.8% (-407)

 

1. Dow outpaces S&P as stock rally spreads to old-school industries

2. World’s top AI companies are launching new industry body to regulate the development of AI

3. The S&P 500 is enjoying one of the best years since 1927, thanks to the AI buzz

4. American banks dominate AI transformation race

5. Private sector added 324,000 jobs in July, well above expectations, ADP says