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The Chairman of the United States Federal Reserve (Fed), Jerome Powell testified before the Senate and the Congress during the second week of July to deliver his regular semi-annual report. In this report, he briefed members of Congress on the current state of inflation and the overall economic situation in the country but stressed the importance of getting the timing of interest rate cuts right.

Some people like football, others like fast cars, others like hamburgers. It might seem that personal preferences in consumption, hobbies or emotional attachment to various things have no influence at all on where people invest. But in many cases it is not. Celebrities also invest in areas that people have a personal connection to, and it turns out that sometimes they have pretty good instincts. Let's take a look at which celebrities are the most successful at investing.

The Walt Disney Company is one of the most prominent players in the entertainment industry, and its actions are closely watched by the public and investors alike. In recent weeks, the success of the animated film "Inside Out 2", developed by Pixar, has attracted a lot of attention. Sequel to the 2015 animated film has not only received widespread positive feedback but has also been reflected into the performance of the company's stock.

Novo Nordisk, a leading pharmaceutical company best known for its obesity and diabetes drugs Wegovy and Ozempic, is currently the most valuable publicly traded company in Europe. It recently announced the plans to build a new manufacturing facility in the US while its weight-loss drug has been approved in China, resulting in a record share price. *

Amazon, which started life as an online store selling books, has come a long way since its inception and has expanded into various industries. The company has not been idle for a second and is constantly adapting its services to trends and customer needs. Most recently, it has introduced innovations in its Amazon Business section with even the expansion of Amazon Pharmacy services and the company's stock has reached new highs.