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- Rippers Weekly Recap 01/27
Rippers Weekly Recap 01/27
StockMKTNewz Evan
January 27, 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!
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
US 🇺🇸 GDP for Q4 (Advanced reading) came in at +3.3% above expectations of +2% (Previous +4.9%)
— Evan (@StockMKTNewz)
Jan 25, 2024
🇺🇸 PCE for December just came in at +2.6% YoY in line with expectations (Previous +2.6% YoY)
— Evan (@StockMKTNewz)
Jan 26, 2024
TESLA $TSLA JUST REPORTED EARNINGS
EPS of $0.71 missing expectations of $0.74
Revenue of $25.17B missing expectations of $25.8B— Evan (@StockMKTNewz)
Jan 24, 2024
Microsoft $MSFT closed today above a $3 Trillion market cap for the first time ever
— Evan (@StockMKTNewz)
Jan 25, 2024
India's 🇮🇳 stock market just overtook Hong Kong's 🇭🇰 stock market for the first time
India's stock market is now worth $4.33 Trillion making it the 4th largest in the world behind just the US 🇺🇸 ($51T), China 🇨🇳 ($8.4T), and Japan 🇯🇵 ($6.4T) - Bloomberg
— Evan (@StockMKTNewz)
Jan 23, 2024
Apple $AAPL Insider Ming-Chi Kuo just said he estimates Apple sold between 160,000 to 180,000 Vision Pros during the weekend
— Evan (@StockMKTNewz)
Jan 22, 2024
JACK MA HAS REPORTEDLY BEEN BUYING SHARES OF ALIBABA $BABA IN RECENT MONTHS - NYT
— Evan (@StockMKTNewz)
Jan 23, 2024
JUST IN:
APPLE NOW PLANS CAR FOR 2028 WITH LESS AMBITIOUS AUTONOMY GOALS
Apple $AAPL reportedly now plans to launch its Apple Car in 2028 at the earliest back from 2026 and will now use a Level 2+ autonomous system down from its previously planned Level 4 - Bloomberg
— Evan (@StockMKTNewz)
Jan 23, 2024
NETFLIX $NFLX JUST REPORTED EARNINGS
EPS of $2.11 missing expectations of $2.22
Revenue of $8.83B beating expectations of $8.71BNetflix added 13.12M Million new subscribers above expectations of 8.91M twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Jan 23, 2024
The market is now officially no longer pricing in a rate cut from Jerome Powell and the 🇺🇸 Fed in March
The market is currently pricing in the first rate cut coming in May with a total of 5 during the year twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Jan 23, 2024
JUST IN:
TESLA PLANS TO BUILD A NEW EV MODEL IN MID-2025
Tesla $TSLA has reportedly told suppliers it wants to start production of a new mass-market EV codenamed "Redwood" in mid-2025 with two people describing the model as a compact crossover - Reuters
— Evan (@StockMKTNewz)
Jan 24, 2024
Microsoft $MSFT is laying off around 1,900 employees at Activision Blizzard and Xbox this week
The cuts work out to roughly 8% of the overall Microsoft Gaming division that stands at ~22,000 employees in total - The Verge (Microsoft has ~220K total employees)
— Evan (@StockMKTNewz)
Jan 25, 2024
Lockheed Martin $LMT just announced it will cut ~1% of its workforce over the year in a bid to cut costs and streamline operations
Lockheed Martin currently employs ~122K people worldwide - Reuters
— Evan (@StockMKTNewz)
Jan 26, 2024
American Express just raised its dividend by almost 17%
American Express $AXP just declared a quarterly dividend of $0.70 per share up from its previous dividend of $0.60 per share twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Jan 26, 2024
Salesforce $CRM announced today its laying off ~700 employees across the company representing ~1% of its workforce
— Evan (@StockMKTNewz)
Jan 26, 2024
Elon Musk just said Tesla $TSLA plans to buy at least some chips from $AMD
— Evan (@StockMKTNewz)
Jan 26, 2024
APPLE SAVINGS ACCOUNT INTEREST RATE INCREASES TO 4.50% APY
Apple $AAPL is sending out push notifications to Apple Savings account holders letting them know that the APY on their account is now at 4.50% up from 4.35% - MacRumors
— Evan (@StockMKTNewz)
Jan 27, 2024
Get Prepared For The Week Ahead!
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