A new country is expected to join the Abraham Accords on Thursday, according to Witkoff, signaling continued expansion of the Middle East peace agreements.
Technology stocks are sliding toward a weekly drop as the recent momentum in artificial intelligence rallies shows signs of slowing down.
Investors in Tesla are set to vote on an $878 billion compensation package for Elon Musk, though this is not the only significant issue on the agenda.
Gold prices have increased due to a weaker dollar and expectations of Federal Reserve easing, although the metal is still forecasted to finish the week with a loss.
Shares of Rightmove have dropped more than 25% after the company lowered its profit forecast for 2026, citing increased costs associated with artificial intelligence.
"Rightmove shares crashes over 25% after 2026 profit forecast cut on higher AI cost."
Author's summary: Key developments include a new nation joining the Abraham Accords, tech stocks cooling off, Tesla's substantial Musk payout vote, rising gold prices despite setbacks, and Rightmove's sharp share decline linked to AI expenses.
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