$Roblox(RBLX.US)$ US reality star Paris Hilton launches a new metavers...

$Roblox(RBLX.US)$ US reality star Paris Hilton launches a new metaverse business, called “Paris World’, on Roblox (RBLX). While I’m a proponent of the metaverse, it’s not surprising to see people trying to cash in on the hype.

$S&P 500 index(.SPX.US)$ For the first time since 2016, the S&P 500 is set to outperform the Nasdaq this year. As of yesterday’s close, the S&P 500 is up roughly 28% this year compared to Nasdaq’s 23%. This underscores the rotation out of tech witnessed in 2021.