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- Apple Makes History: Rippers Weekly Recap 7/01
Apple Makes History: Rippers Weekly Recap 7/01
StockMKTNewz Evan
July 01, 2023
Hey everyone, it’s @StockMKTNewz Evan!
I spend 70 hours every week looking for news so you don't have to. That causes me to tweet a lot which can be hard to keep up with. Having somewhere to put all the major stories in 1 easy to view place is really valuable, and that's why I make this newsletter!
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How The Stock Market Performed This Past Week
Heat Map of the S&P 500
How The Largest Stocks Performed
Best Performing Large Cap Stocks
Worst Performing Large Cap Stocks
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This Week's Major Headlines
BREAKING:
The Supreme Court just struck down President Biden's plan to wipe away $400 Billion in student loan debt.
— Evan (@StockMKTNewz)
Jun 30, 2023
Apple $AAPL is now officially the first company in history to close the day valued at more than $3 Trillion
— Evan (@StockMKTNewz)
Jun 30, 2023
Electrify America just announced it will integrate Tesla's $TSLA NACS connector by 2025 - Bloomberg
— Evan (@StockMKTNewz)
Jun 29, 2023
Warren Buffett now owns more than 25% of Occidental $OXY
Berkshire Hathaway $BRK.B filed for its purchase of 2.14 Million additional shares of Occidental that it bought this week at around $57 per share twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Jun 29, 2023
Oracle Corp $ORCL said this week it's spending "Billions" of dollars on Nvidia $NVDA chips as its cloud division targets the new AI wave - Reuters
— Evan (@StockMKTNewz)
Jun 29, 2023
The final revision for Q1 🇺🇸 GDP just came in at +2% above expectations of +1.4%
— Evan (@StockMKTNewz)
Jun 29, 2023
JPMorgan $JPM just announced plans to increase its Q3 dividend to $1.05 per share up from $1 per share
Goldman Sachs $GS plans to increase its Q3 dividend to $2.75 per share up from $2.50
Citi $C plans to increase its Q3 dividend to $0.53 per share up from $0.51
— Evan (@StockMKTNewz)
Jun 30, 2023
JUST IN:
Goldman Sachs $GS is considering exiting its partnership with Apple $AAPL - WSJ
— Evan (@StockMKTNewz)
Jun 30, 2023
Disney $DIS owned ESPN is laying off some of its biggest stars in a purge that is expected to result in around 20 on-air personalities being let go today - NYP
— Evan (@StockMKTNewz)
Jun 30, 2023
Aston Martin just announced a deal that would give Lucid $LCID a 3.7% stake in the company in return for access to its “high performance” technology
Subject to shareholder approval, Aston Martin will issue about 28.4M new shares to Lucid. It will also make phased cash payments… twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Jun 26, 2023
JUST IN:
Google $GOOGL owned YouTube is reportedly testing an online game offering that could give users the ability to play games via the YouTube website on desktop or the YouTube app via iOS and Android devices - Tech Crunch
— Evan (@StockMKTNewz)
Jun 26, 2023
Robinhood $HOOD is laying off 7% of its full time workforce - WSJ
— Evan (@StockMKTNewz)
Jun 26, 2023
Jerome Powell just said he would not rule out raising rates at consecutive meetings
— Evan (@StockMKTNewz)
Jun 28, 2023
The Biden administration is considering new restrictions on exports of AI chips to China - WSJ
— Evan (@StockMKTNewz)
Jun 27, 2023
Nvidia’s $NVDA CFO just said the company expects no materials changes to its earnings from new China export rules
— Evan (@StockMKTNewz)
Jun 28, 2023
Square $SQ just announced the launch of the Square Credit Card which will run on the American Express $AXP network
— Evan (@StockMKTNewz)
Jun 28, 2023
Costco $COST said it's cracking down on shoppers who are using other people’s membership cards - CNBC
— Evan (@StockMKTNewz)
Jun 27, 2023
Lordstown Motors $RIDE has officially filed for Chapter 11 bankruptcy
— Evan (@StockMKTNewz)
Jun 27, 2023
NIKE $NKE JUST REPORTED EARNINGS
EPS of $0.66 missing expectations of $0.67
Revenue of $12.8B beating expectations of $12.59B— Evan (@StockMKTNewz)
Jun 29, 2023
MICRON $MU JUST REPORTED EARNINGS
EPS of -$1.43 beating expectations of -$1.58
Revenue of $3.75B beating expectations of $3.65B— Evan (@StockMKTNewz)
Jun 28, 2023
Microsoft $MSFT CEO Satya Nadella said internally last year that the company is aiming to reach $500 Billion in revenue by FY 2030, more than doubling from its current size according to recent court filings - CNBC
— Evan (@StockMKTNewz)
Jun 27, 2023
Here's how the major indexes performed in the first half of 2023
S&P 500 $SPY: +15.9% best first half since 2019
NASDAQ 100 $QQQ: +31.7% best first half since 1983
Dow Jones: +3.8%— Evan (@StockMKTNewz)
Jun 30, 2023
Get Prepared For The Week Ahead!
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