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.

Lockheed Martin(NYSE:LMT)is scheduled to announce Q1 earnings results before market opens on Tuesday, April 19.

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.

Financial shares also were among the day's best performers as the benchmark 10-year Treasury yield climbed to 2.368%, with the S&P 500 bank index up 2.5%.

In 2021, Xiaomi total revenue amounted to RMB328.3 billion, an increase of 33.5% year-over-year; adjusted net profit was RMB22.0 billion, an increase of 69.5% year-over-year.

Investors were also relieved by slowing gains in oil prices as they continued to digest the Federal Reserve's Wednesday interest rate increase and its aggressive plan for further hikes aimed at combating soaring inflation.

SoftBank said Arm will now proceed with an initial public offering instead of the sale. Arm is currently planning to go public in the U.S., according to people familiar with the matter, asking not to be identified because the matter is private.

Bloomberg Economics is sticking with the projection of five hikes it made earlier this month, though Chief Economist Anna Wong said this week there is a risk of six increases.

Tickets to this year’s Singapore Formula One Grand Prix race, resuming in the city-state after a two-year hiatus, were released for sale Wednesday and drew strong demand, with three-day grandstand and hospitality packages snapped up within six hours.

The Dow rose and the S&P 500 ended lower in choppy trade on Friday, as beaten-down bank shares gained and investors grappled with how best to deal with an economy that could skid as the Federal Reserve moves to aggressively tackle inflation.

Wall Street's main indexes fell on Wednesday, with steep declines in tech and other growth stocks, after minutes from the Federal Reserve's March meeting sharpened investors' focus on the U.S. central bank's plans to fight inflation.

After brutal sell-offs in recent months, growth-dependent tech stocks have recently been regaining some ground. However, many companies in the category still trade down dramatically from their highs, and there's still time to snatch up some promising technology players at huge discounts.

The S&P 500 rose modestly to kick off the second quarter on Friday, as the monthly jobs report indicated a strong labor market and is likely to keep the Federal Reserve on track to maintain its hawkish policy stance.