New Country to Join Abraham Accords on Thursday, Says Witkoff
According to Witkoff, another nation is set to become part of the Abraham Accords this Thursday, expanding the network of diplomatic agreements in the Middle East. The announcement marks another step in strengthening cooperation between Israel and regional partners.
Tech Stocks and Market Dynamics
Technology stocks are heading for a weekly decline as the sustained rally in artificial intelligence companies faces a slowdown. Analysts note that investor enthusiasm is cooling as profit-taking intensifies after months of strong performance.
Tesla Investor Decision
Tesla shareholders have voted in favor of a landmark compensation plan for Elon Musk valued at approximately $878 billion. This approval reinforces investor confidence in Musk’s leadership and Tesla’s long-term growth vision.
Gold Prices and Federal Reserve Outlook
Gold prices climbed on Thursday amid a weaker U.S. dollar and increasing speculation that the Federal Reserve may soon ease monetary policy. Despite the rise, the precious metal is still expected to end the week with a modest overall loss.
“Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval.”
Author’s Summary
Global markets shift as a new nation joins the Abraham Accords, tech stocks lose momentum, and investors back Musk’s record-breaking Tesla compensation plan.