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- Rippers Weekly Recap 08/17
Rippers Weekly Recap 08/17
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
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This Week's Major Headlines
Many famous investors including Warren Buffett, Bill Ackman and a bunch more just updated their portfolios
Here's what their portfolios looked like as of the end of Q2 ⬇️
Warren Buffett:
— Evan (@StockMKTNewz)
8:23 PM • Aug 14, 2024
BREAKING NEWS:
🇺🇸 CPI for July just came in at +2.9% YoY below expectations of +3% YoY
🇺🇸 CPI for July just came in at +0.2% MoM in line with expectations x.com/i/web/status/1…
— Evan (@StockMKTNewz)
12:30 PM • Aug 14, 2024
BREAKING NEWS:
🇺🇸 CPI for July just came in at +2.9% YoY below expectations of +3% YoY
🇺🇸 CPI for July just came in at +0.2% MoM in line with expectations x.com/i/web/status/1…
— Evan (@StockMKTNewz)
12:30 PM • Aug 14, 2024
WIZZ AIR LAUNCHES $550 ‘ALL YOU CAN FLY’ ANNUAL SUBSCRIPTION PASS
Travelers in Europe can now take unlimited flights for 499 euros ($550) a year, under a new travel subscription service from budget carrier Wizz Air
The introductory fee will be available until Aug. 16 before the… x.com/i/web/status/1…
— Evan (@StockMKTNewz)
3:49 PM • Aug 14, 2024
JUST IN:
APPLE PUSHES AHEAD WITH TABLETOP HOME DEVICE IN SHIFT TO ROBOTICS
Apple $AAPL is moving forward with the development of a tabletop home device that combines an iPad-like display with a robotic limb
The company now has a team of several hundred people working on the… x.com/i/web/status/1…
— Evan (@StockMKTNewz)
6:19 PM • Aug 14, 2024
Mastercard $MA just announced it's cutting 3% of its workforce or roughly 1,000 employees - Bloomberg
— Evan (@StockMKTNewz)
5:30 PM • Aug 16, 2024
The market is now pricing in 0.75% of rate cuts in 2024 from Jerome Powell and the 🇺🇸 Fed down from 1% of cuts it was previously pricing in - CME FedWatch Tool
— Evan (@StockMKTNewz)
1:02 PM • Aug 15, 2024
Walmart $WMT said on its earnings call that:
"We are not experiencing weaker consumer overall; We continue to gain market share, including in general merchandise"
— Evan (@StockMKTNewz)
1:13 PM • Aug 15, 2024
SPOT GOLD RISES TO $2,500 AN OUNCE FOR THE FIRST TIME
— Evan (@StockMKTNewz)
1:54 PM • Aug 16, 2024
Apple $AAPL and Rivian $RIVN just announced that starting today Apple Music will be available in all of Rivian’s EVs for drivers with an Apple Music subscription
Rivian will also support Apple Music’s Spatial Audio with support for Dolby Atmos
— Evan (@StockMKTNewz)
1:34 PM • Aug 13, 2024
STARBUCKS JUST STOLE CHIPOTLE'S CEO
Chipotle $CMG CEO Brian Niccol just announced he has accepted the role as CEO of Starbucks $SBUX effective at the end of this month
Chipotle has appointed Scott Boatwright, Chief Operating Officer, as Interim CEO x.com/i/web/status/1…
— Evan (@StockMKTNewz)
12:09 PM • Aug 13, 2024
Starbucks $SBUX plans to pay incoming CEO Brian Niccol $10M in cash and $75M in equity awards when he joins the company from Chipotle
Niccol will be paid a base salary of $1.6M annually, with the opportunity to earn up to $7.2M more in cash - CNBC
— Evan (@StockMKTNewz)
10:44 PM • Aug 14, 2024
The 🇺🇸 DOJ is considering seeking a breakup of Google $GOOGL following the recent antitrust ruling against the company - Bloomberg
— Evan (@StockMKTNewz)
8:39 PM • Aug 13, 2024
JUST IN:
Mars is expected to unveil tomorrow a nearly $30 billion deal to acquire foodmaker Kellanova $K
The privately held Mars is expected to pay $83.50 per share for Kellanova in the all-cash deal - WSJ
— Evan (@StockMKTNewz)
2:39 AM • Aug 14, 2024
Intel $INTC sold 1.2 Million shares of Arm Holdings $ARM during Q2
Intel just filed the 13F filing below which shows its holdings as of the end of Q2, the filing shows they no longer have the 1.2 Million shares of ARM it held as of the end of Q1
— Evan (@StockMKTNewz)
8:16 PM • Aug 13, 2024
The $5 footlong is long gone
Subway will launch a $6.99 promotion for a different foot-long sub every day for online orders - NYP
— Evan (@StockMKTNewz)
11:16 AM • Aug 16, 2024
$AMD announced today it has completed its $665 Million acquisition of Silo AI "the largest private AI lab in Europe"
— Evan (@StockMKTNewz)
1:01 PM • Aug 12, 2024
Get Prepared For The Week Ahead!
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