Oil continued to hit highs in October. Gold recovered in price to the 1800+ level amid a growing demand for safe assets and a weakening USD.
Tesla shares were up 39% and were worth more than $1,000 in October. The market capitalization of the company exceeded $1 trillion, making owner Elon Musk the richest man in history.
Google (Alphabet) reported record Q3 net profits. They rose 41% to $65 billion. The company’s stock is up 62% this year.
Bitcoin hit an all-time high in October at $66,900. Prices for other cryptocurrencies are going up.
GlobalFoundries filed for an IPO. The chipmaker is valued at $25 billion.