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- Rippers Weekly Recap 4/01
Rippers Weekly Recap 4/01
StockMKTNewz Evan
April 01, 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
The NASDAQ 100 $QQQ closed Q1 up ~20% its 2nd best quarter over the past decade
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 31, 2023
JUST IN:
Apple $AAPL introduces Apple Pay Later to allow consumers to pay for purchases over time
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 28, 2023
General Motors $GM plans to phase out Apple CarPlay $AAPL and Android Auto tech that lets drivers to bypass a vehicle's infotainment systems
GM is instead shifting to a built-in infotainment systems developed with Google $GOOGL for future electric vehicles - Reuters twitter.com/i/web/status/1…
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 31, 2023
Google $GOOGL CEO Sundar Pichai promises upgrades to the Bard AI chatbot soon: ‘We clearly have more capable models’
“In some ways I feel like we took a souped-up Civic and put it in a race with more powerful cars”
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 31, 2023
JUST IN:
Tesla $TSLA is pursuing building a 🇺🇸 factory for EV battery production with China's CATL and discussed plans with White House officials recently - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 30, 2023
Alibaba $BABA announced today plans to split the company into 6 separate units that will individually raise funds and explore IPOs - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 28, 2023
The FED's preferred inflation index just released
PCE for February came in at +5% YoY below expectations of +5.1% (+0.3% MoM below expectations of +0.4%)
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 31, 2023
Rumor going around right now, Never seen this source before and can't confirm so take this with a grain of salt but the stock is moving 🤣
Amazon $AMZN is allegedly considering buying $AMC
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 28, 2023
Google $GOOGL CFO Ruth Porat sent a memo to employees today saying the company isnt done with spending cuts yet
Porat said Google would eliminate some snack bars and close cafeterias on days with modest traffic
Google will also introduce an internal tool that helps teams pick… twitter.com/i/web/status/1…
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 31, 2023
The 🇺🇸 Treasury Department just released new rules that will significantly shorten the list of electric vehicles that qualify for new federal tax credits.
The new rules will go into effect on April 18th - Reuters
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 31, 2023
NEW: Microsoft $MSFT is exploring placing ads into Bing’s new AI-powered chatbot
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 30, 2023
Ford $F is increasing the price of some models of its F-150 Lightning electric pickup, with the base model now starting at $61,869 including shipping up about 50% over the initial starting price when the truck launched in April 2022 - Automotive News
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 30, 2023
Square $SQ owned Cash App said today it had more than 51 million monthly transacting active customers, of which 44 million were verified through its identity verification program as of Dec. 31st - Reuters
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 30, 2023
JUST IN:
Warren Buffett's Berkshire Hathaway $BRK.B filed for its purchase of 3.7 Million more shares of Occidental $OXY at an average price of $58.98 per share
Berkshire now owns 211.7M shares of Occidental + 83.9M warrants to purchase more shares of common stock
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 27, 2023
JUST IN:
Lucid $LCID is reportedly planning to lay off ~18% of its workforce representing about 1,290 employees - Insider
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 28, 2023
Pinterest $PINS just announced it plans to lay off 4% of its workforce a move that started in February
$PINS will also abandon certain leased office spaces twitter.com/i/web/status/1…
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 27, 2023
MICRON $MU JUST REPORTED EARNINGS
EPS of -$1.91 missing expectations of -$0.88
Revenue of $3.69B missing expectations of $3.71B— StockMKTNewz - Evan (@StockMKTNewz)
Mar 28, 2023
LULULEMON $LULU JUST REPORTED EARNINGS
EPS of $4.40 beating expectations of $4.26
Revenue of $2.77B beating expectations of $2.70B— Savvy Trader (@SavvyTrader)
Mar 28, 2023
$ROKU announced today it’s reducing the size of its workforce by 6% impacting about 200 employees
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 30, 2023
Electronic Arts $EA just announced its reducing the size of its workforce by 6%
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 29, 2023
Google $GOOGL announced earlier today a partnership to combine its artificial intelligence language models with software from startup "Replit" that helps computer programmers write code, in a bid to compete with similar products from Microsoft’s $MSFT GitHub & OpenAI - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 28, 2023
CALIFORNIA TO REQUIRE 50% OF ALL HEAVY TRUCKS SOLD BY 2035 TO BE ELECTRIC - NYT
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 31, 2023
Domino’s Pizza's $DPZ franchise in Italy has entered into liquidation - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 27, 2023
FERRARI CEO: SELF DRIVING CAR IS NOT FOR FERRARI $RACE
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 27, 2023
Alibaba $BABA founder Jack Ma returns to China after a year of uncertainty - Tech Crunch
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 27, 2023
JUST IN
Disney $DIS CEO Bob Iger sent this email to Disney employees today letting them know the company has begun its round of 7000 layoffs announced in February
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 27, 2023
JUST IN: Coca-Cola $KO and Jack Daniel's $BF.A announced its new Jack Daniel's & Coca-Cola ready-to-drink pre-mixed cocktail is now available in the US http
— StockMKTNewz - Evan (@StockMKTNewz)
Mar 30, 2023
Get Prepared For The Week Ahead!
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