3 things investors need to know this week!

Welcome to our newsletter. Each week, we’ll share the top 3 things any investor needs?to know to help them stay on top of things!

Nvidia to win the race to $4 trillion market cap: The mindset around chip stocks this week was to uy the dip, as investors scooped up beaten-down shares, sending Nvidia to a record high.

A strong outlook for Taiwan Semiconductor (TSM) was enough to revive Wall Street’s enthusiasm for AI as growing confidence in the AI boom overshadowed chip supplier ASML’s sluggish forecast and reports of export caps of advanced AI chips to some Middle Eastern countries. Nvidia closed the week above $138 per share, bringing its market value to $3.39 trillion. It’s now the world's second-largest company behind Apple.

US Interest Burden Hits 28-Year High, Escalating Political Risk: The US debt interest-cost burden climbed to the highest since the 1990s in the financial year that’s just ended, escalating the risk that fiscal worries limit the policy options for the next administration in Washington. The Treasury spent $882 billion on net interest payments in the fiscal year through September — an average of roughly $2.4 billion a day, according to data the department released Friday. The cost was the equivalent of 3.06% as a share of gross domestic product, the highest ratio since 1996.

The housing market is picking up in some of the most expensive regions of the US: The housing market is showing signs of life. Listing activity and homes going under contract ticked up last month nationwide, the latest sign that some of the paralysis brought on by the rapid jump in mortgage rates in recent years is easing.

But there’s a limit to how far the housing market can rebound as homeowners with ultra-low mortgage rates stay put instead of listing their homes and accepting today’s rates of 6% or more, a phenomenon known as the rate lock-in effect.