Jerome Powell, Warren Buffett and Apple Earnings: Rippers Weekly Recap 5/06
StockMKTNewz Evan
May 06, 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!
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
This Week's Major Headlines
APPLE $AAPL EARNINGS ARE OUT
EPS of $1.52 beating expectations of $1.43
Revenue of $94.8B beating expectations of $92.8B— StockMKTNewz - Evan (@StockMKTNewz)
May 4, 2023
APPLE $AAPL JUST ANNOUNCED A NEW $90 BILLION SHARE BUYBACK PROGRAM
APPLE JUST INCREASED ITS DIVIDEND TO $0.24 UP FROM $0.23
— StockMKTNewz - Evan (@StockMKTNewz)
May 4, 2023
Apple $AAPL CEO Tim Cook told CNBC
“I view that (layoffs) as a last resort and, so, mass layoffs is not something that we're talking about at this moment”
— StockMKTNewz - Evan (@StockMKTNewz)
May 5, 2023
The word "India" was said on Apple's $AAPL earnings call 4x more than the word "AI" was said
— StockMKTNewz - Evan (@StockMKTNewz)
May 4, 2023
Warren Buffett and Berkshire Hathaway's $BRK.B equity portfolio is worth $328.2 Billion as of the end of Q1 up from $308.8B at the end of Q4
Largest holdings:
Apple $AAPL - $151B
BofA $BAC - $29.5B
American Express $AXP - $25B
Coca-Cola $KO - $24.8B
Chevron $CVX - $21.6B— StockMKTNewz - Evan (@StockMKTNewz)
May 6, 2023
Warren Buffett just said
"AI can change everything in the world except how people behave" twitter.com/i/web/status/1…
— StockMKTNewz - Evan (@StockMKTNewz)
May 6, 2023
"What gives you opportunities is other people doing dumb things" - Warren Buffett
— StockMKTNewz - Evan (@StockMKTNewz)
May 6, 2023
🚨BREAKING: Jerome Powell and the Fed just RAISED rates by 25 basis points (0.25%) to between 5%-5.25%
— StockMKTNewz - Evan (@StockMKTNewz)
May 3, 2023
JEROME POWELL JUST SAID THE FOMC’S INFLATION OUTLOOK DOESN’T SUPPORT RATE CUTS THIS YEAR
— StockMKTNewz - Evan (@StockMKTNewz)
May 3, 2023
🇺🇸 FED'S JEROME POWELL JUST SAID THE PROCESS OF GETTING INFLATION DOWN HAS A LONG WAY TO GO
— StockMKTNewz - Evan (@StockMKTNewz)
May 3, 2023
The 🇺🇸 unemployment rate is now at its lowest level since 1969
— StockMKTNewz - Evan (@StockMKTNewz)
May 5, 2023
Tesla $TSLA China sold a total of 75,842 locally-produced vehicles in April according to estimates from the China Passenger Car Association
— StockMKTNewz - Evan (@StockMKTNewz)
May 5, 2023
Shopify $SHOP just announced it’s laying off 20% of its workforce, impacting more than 2,000 employees - Tech Crunch
— StockMKTNewz - Evan (@StockMKTNewz)
May 4, 2023
SEC ISN'T CONSIDERING MORATORIUM ON SHORT SELLING OF BANKS RIGHT NOW - CNBC
— StockMKTNewz - Evan (@StockMKTNewz)
May 4, 2023
JUST IN:
PACWEST $PACW SAID TO WEIGH STRATEGIC OPTIONS, INCLUDING SALE - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
May 3, 2023
Costco $COST just announced total net sales of $17.85 Billion during April up 3% YoY
— StockMKTNewz - Evan (@StockMKTNewz)
May 3, 2023
MICROSOFT $MSFT IS HELPING FINANCE $AMD ‘S EXPANSION INTO AI PROCESSORS - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
May 4, 2023
COINBASE $COIN EARNINGS ARE OUT
EPS of -$0.34 beating expectations of -$0.87
Revenue of $772.5M beating expectations of $653M— StockMKTNewz - Evan (@StockMKTNewz)
May 4, 2023
JANET YELLEN AND THE US TREASURY TO LAUNCH FIRST BUYBACK PROGRAM SINCE 2000
The US Treasury says it will launch a program for buying back government securities some time next year, a move intended to ease liquidity in the roughly $24T market - WSJ
— StockMKTNewz - Evan (@StockMKTNewz)
May 3, 2023
FORD $F EARNINGS ARE OUT
EPS of $0.63 beating expectations of $0.44
Revenue of $41.5B beating expectations of $37.42B— StockMKTNewz - Evan (@StockMKTNewz)
May 2, 2023
FORD $F CEO SAYS PRICE CUTS IN THE EV MARKET IS 'A WORRYING TREND' - Reuters
— StockMKTNewz - Evan (@StockMKTNewz)
May 3, 2023
$AMD EARNINGS ARE OUT
EPS of $0.60 beating expectations of $0.56
Revenue of $5.4B beating expectations of $5.31B— StockMKTNewz - Evan (@StockMKTNewz)
May 2, 2023
Amazon $AMZN plans to reboot its struggling Alexa business by working on its own ChatGPT technology - Insider
— StockMKTNewz - Evan (@StockMKTNewz)
May 2, 2023
Apple’s $AAPL new high yield savings account brought in almost $1 Billion in deposits over its first 4 days - Forbes
— StockMKTNewz - Evan (@StockMKTNewz)
May 2, 2023
Carl Icahn's net worth dropped by more than $10 Billion after short-seller Hindenburg Research accused him of using a “Ponzi-like” economic structure at his investment company - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
May 3, 2023
JUST IN:
Morgan Stanley $MS is planning to eliminate ~3,000 jobs representing ~5% of its global workforce - Bloomberg twitter.com/i/web/status/1…
— StockMKTNewz - Evan (@StockMKTNewz)
May 1, 2023
Get Prepared For The Week Ahead!
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