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- Rippers Weekly Recap 01/20
Rippers Weekly Recap 01/20
StockMKTNewz Evan
January 20, 2024
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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!
Before we get into the markets… we’ve got the perfect weekend watch for you 👀🍿
The award-winning, feature documentary THIS IS NOT FINANCIAL ADVICE is now available to stream 🎉
How The Stock Market Performed Over The Past 5 Days
All images in this section are sourced from finviz.com
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
S&P 500 $SPY CLOSES AT RECORD HIGH FOR FIRST TIME IN TWO YEARS
— Evan (@StockMKTNewz)
Jan 19, 2024
Microsoft $MSFT just said the emails of executives at the company have been hacked by a Russian intelligence group - CNBC
— Evan (@StockMKTNewz)
Jan 19, 2024
The Apple $AAPL Vision Pro is now available for Pre Order
— Evan (@StockMKTNewz)
Jan 19, 2024
REDDIT SEEKS TO LAUNCH IPO IN MARCH
Reddit has drawn up detailed plans to launch its IPO in March, moving forward with a listing it has been eyeing for more than three years - Reuters
— Evan (@StockMKTNewz)
Jan 18, 2024
JUST IN:
Facebook $META CEO Mark Zuckerberg just released this video giving some updates on Meta's AI efforts
Zuckerberg said they will have ~350K Nvidia $NVDA H100s by the end of this year or ~600K H100 equivalents of compute if you include other GPUs
— Evan (@StockMKTNewz)
Jan 18, 2024
MACY’S TO CUT ABOUT 2,350 JOBS, CLOSE FIVE STORES
Macy’s $M plans to lay off about 13% of its corporate staff and close five stores in a bid to trim costs and redirect spending to improve the shopping experience for customers - WSJ
— Evan (@StockMKTNewz)
Jan 18, 2024
Google $GOOGL CEO Sundar Pichai told employees today to expect more job cuts this year
In an internal memo, Sundar Pichai said recent layoffs are about “removing layers to simplify execution and drive velocity in some areas.” - The Verge
— Evan (@StockMKTNewz)
Jan 18, 2024
WALMART $WMT RAISING AVERAGE STORE MANAGER WAGES TO $128K UP FROM $117K
WALMART: STORE MANAGER BONUS COULD NOW BE UP TO 200% BASE PAY - Bloomberg
— Evan (@StockMKTNewz)
Jan 18, 2024
JUST IN:
Apple’s $AAPL iPhone dethroned Samsung to become the best-selling smartphone series in the world in 2023
This is the first time Samsung has lost the top spot since 2010 according to Bloomberg
— Evan (@StockMKTNewz)
Jan 17, 2024
Microsoft $MSFT is opening up its AI Copilot to consumers and making the corporate version available to smaller companies
Microsoft is selling a $20-a-month consumer version of Copilot, with access to OpenAI’s latest ChatGPT technology and image-creation features - Bloomberg
— Evan (@StockMKTNewz)
Jan 15, 2024
Uber $UBER has decided to shutter Drizly, an alcohol delivery service it bought three years ago for $1.1 Billion - Axios
— Evan (@StockMKTNewz)
Jan 15, 2024
OpenAI $MSFT is working with the 🇺🇸 Defense Department on a number of projects including cybersecurity capabilities - Bloomberg
— Evan (@StockMKTNewz)
Jan 16, 2024
Ford $F will slash production of its electric pickup, the F-150 Lightning, after seeing weaker-than-anticipated demand - WSJ
— Evan (@StockMKTNewz)
Jan 19, 2024
Elon Musk just said he is:
“uncomfortable growing Tesla $TSLA to be a leader in AI & robotics without having ~25% voting control. Enough to be influential, but not so much that I can’t be overturned.
Unless that is the case, I would prefer to build products outside of Tesla.“
— Evan (@StockMKTNewz)
Jan 15, 2024
JUST IN:
Disney $DIS is reportedly in talks with the NFL that could have the league take a stake in ESPN while putting its NFL Media unit which includes Red Zone and the NFL Network under Disney's control - Variety
— Evan (@StockMKTNewz)
Jan 14, 2024
Get Prepared For The Week Ahead!
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