The Week’s Investing News Roundup: AbbVie, Altria, Exxon, MLPs, Rivian, Retirement Stocks and More

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  • U.S. GDP grew at a surprising 3.3% in the fourth quarter. The Dow Jones industrial average and S&P 500 hit all-time highs last week.
  • China is trying to boost confidence in its economy. India has overtaken Hong Kong as the world’s fourth-largest stock market.
  • Tesla’s earnings report was described as a “train wreck.”
  • Netflix posted better than expected subscriber numbers.
  • Macy’s rejected an offer to take it private.
  • Apple took the top spot in China’s smartphone market for the first time.
  • Nvidia’s market cap has hit $1.5 trillion, and Microsoft’s market cap hit $3 trillion.

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