Markets
How large is a barrel of oil
42 gallons
What is the rise of average CoGS/Services over time?
inflation
What are the 2 requirements to put an IOI in for an IPO at Fidelity?
500k or coded as premium
What Mag7 company boomed in 2024 due to AI chip dominance?
Nvidia
What terminology describes not putting all your eggs in one basket
diversification
How much does a 1 oz. silver bar cost (within $5)
$76
What does it mean if the U.S. is a trade deficit?
Imports<exports
What was the first IPO ever?
The Dutch East India Company in 1602
What does FMR stand for?
Fidelity Management and Research
What does the Nasdaq stand for?
National Association Securities Dealers Automated Quotations
What up and coming financial sector is seeing withdrawals similar to 2008 in 2026?
Private credit
What is the U.S. debt currently?
$39 trillion
How many days before an IPO will a client know the price of the security?
The day before
What is the highest credit rating on a fixed income product?
AAA/Aaa
What is the $ definition of a penny stock
$3
Who owns facebook (meta)
Shareholders
Who is Jerome Powell's Federal Reserve Chair successor
Kevin Warsh
What are the 3 biggest IPOs of 2026
SpaceX, Anthropic, OpenAI
What companies comprise the "Mag7"
Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla
What was the IRA contribution limit in 2024
$7000
What non-public company was responsible for a Nasdaq decline on Tuesday this week due to private holdings by public companies?
OpenAI
What is the current Fed funds rate?
3.5%-3.75%
What is the largest historical IPO to date?
Alibaba
What is the symbol for the Fidelity mutual fund that gave Fidelity the frog as a mascot
FDIT, Fidelity Daily Income Trust, "ribbit"
In a diagonal call spread options contract, what are the 2 main differentiating identifiers
Different strike price and different expirations