The most volatile week of the year is now over ... we had both the best day and worst day for the S&P 500 since 2022

And after all that the S&P 500 basically closed the week where it started

— Evan (@StockMKTNewz)
8:08 PM • Aug 9, 2024

JUST IN: PALANTIR $PLTR AND MICROSOFT $MSFT ADVANCE THEIR PARTNERSHIP

Microsoft will leverage Palantir to expand AI and LLM capabilities to the 🇺🇸 Military and Defense/Intelligence Community

— Evan (@StockMKTNewz)
10:59 AM • Aug 8, 2024

Amazon $AMZN just announced a partnership that will let TikTok users to buy items from Amazon advertisements without leaving the TikTok app

Amazon also recently struck a similar arrangement with Pinterest - The Information

— Evan (@StockMKTNewz)
6:47 PM • Aug 8, 2024

Taiwan Semiconductor $TSM reported July revenue of $7.94B up 44.7% YoY

— Evan (@StockMKTNewz)
12:18 PM • Aug 9, 2024

Costco $COST just reported July sales data of $19.26 Billion up 7.1% YoY

— Evan (@StockMKTNewz)
8:17 PM • Aug 7, 2024

Google’s $GOOGL payments to make its search engine the default on smartphone web browsers violates US antitrust law, a federal judge just ruled

Judge Amit Mehta said that the $26 billion in payments effectively blocked any other competitor from succeeding in the market… x.com/i/web/status/1…

— Evan (@StockMKTNewz)
6:58 PM • Aug 5, 2024

ROBINHOOD CEO VLAD TENEV SAID CUSTOMERS HAVE BEEN BUYING THE MARKET DIP

— Evan (@StockMKTNewz)
2:37 PM • Aug 8, 2024

JPMorgan $JPM has rolled out a Generative AI assistant powered by OpenAI to tens of thousands of its employees in recent weeks

The program called LLM Suite is already available to more than 60,000 employees, helping them with tasks like writing emails and reports - CNBC

— Evan (@StockMKTNewz)
11:14 AM • Aug 9, 2024

Intel $INTC CEO Pat Gelsinger just filed for his purchase of an additional 12,500 shares of $INTC

— Evan (@StockMKTNewz)
8:32 PM • Aug 7, 2024

Cisco $CSCO will reportedly cut thousands of jobs in a second round of layoffs this year

The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday - Reuters

— Evan (@StockMKTNewz)
3:02 PM • Aug 9, 2024

Paramount Global $PARA is cutting 15% of its 🇺🇸 workforce, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media - CNBC

— Evan (@StockMKTNewz)
8:54 PM • Aug 8, 2024

ELI LILLY $LLY JUST REPORTED EARNINGS

EPS of $3.92 beating expectations of $2.70
Revenue of $11.3B beating expectations of $10B

El Lilly raised its FY Revenue guide to between $45.4B-$46.6B up from between $42.4B-$43.6B

— Evan (@StockMKTNewz)
10:51 AM • Aug 8, 2024

BOEING $BA OFFICIALLY HAS A NEW CEO

Boeing’s new CEO Robert “Kelly” Ortberg takes the reins of the aerospace giant today replacing Dave Calhoun - CNBC

— Evan (@StockMKTNewz)
1:00 PM • Aug 8, 2024

AMAZON PRIME VIDEO $AMZN PLOTS HOLLYWOOD EXPANSION - Reuters

— Evan (@StockMKTNewz)
2:12 PM • Aug 7, 2024

Disney $DIS just disclosed that it owns roughly 8% of Epic Games following the $1.5 Billion it invested in the company in Q1

— Evan (@StockMKTNewz)
1:54 PM • Aug 7, 2024

DISNEY $DIS IS RAISING PRICES ON ITS STREAMING PLATFORMS

Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month - CNBC

— Evan (@StockMKTNewz)
5:06 PM • Aug 6, 2024

Super Micro $SMCI just announced a 10 for 1 stock split

SMCI expects the stock to begin trading on a split adjusted basis on October 1st

— Evan (@StockMKTNewz)
8:21 PM • Aug 6, 2024

Apple $AAPL has ramped up iPhone 16 production in expectation of high demand, leading Foxconn to hire 50,000 new workers in just two weeks according to BusinessKorea reports via MacRumors

— Evan (@StockMKTNewz)
3:29 PM • Aug 9, 2024

SunPower $SPWR filed for Chapter 11 bankruptcy last night and plans to sell its assets

— Evan (@StockMKTNewz)
2:18 PM • Aug 6, 2024

LUCID $LCID GETS $1.5 BILLION CASH INFUSION FROM SAUDI SHAREHOLDER - Reuters

— Evan (@StockMKTNewz)
8:14 PM • Aug 5, 2024