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- Rippers Weekly Recap 8/13
Rippers Weekly Recap 8/13
StockMKTNewz Evan
August 13, 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!
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How The Stock Market Performed This Past Week
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
BREAKING:
Disney $DIS owned ESPN has entered an agreement with PENN Entertainment $PENN to launch ESPN BET, a branded sportsbook in the US
— Evan (@StockMKTNewz)
Aug 8, 2023
BREAKING: CPI for July just came in at +3.2% YoY below expectations of +3.3%
— Evan (@StockMKTNewz)
Aug 10, 2023
DISNEY $DIS JUST REPORTED EARNINGS
EPS of $1.03 missing expectations of $0.97
Revenue of $22.3B missing expectations of $22.5B— Evan (@StockMKTNewz)
Aug 9, 2023
Disney $DIS just said it expects to resume paying a dividend by the end of 2023 twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Aug 9, 2023
JUST IN:
Disney+ $DIS is raising the price of its Ad-free Disney+ tier by 27% to $13.99 per month up from $10.99 per month in the US twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Aug 9, 2023
China’s internet giants are rushing to acquire high-performance Nvidia $NVDA chips vital for building Generative AI intelligence systems, making orders worth $5 Billion in a buying frenzy fuelled by fears the US will impose new export controls - FT
— Evan (@StockMKTNewz)
Aug 9, 2023
Amazon $AMZN has gotten rid of dozens of its in-house brands as part of a significant reduction of its private-label operation as it works to fend off antitrust scrutiny and shore up profit - WSJ
— Evan (@StockMKTNewz)
Aug 10, 2023
BANKMAN-FRIED’S BAIL TO BE REVOKED BY US JUDGE
Sam Bankman Fried is going back to jail
— Evan (@StockMKTNewz)
Aug 11, 2023
JUST IN:
Tesla $TSLA just announced CFO Zachary Kirkhorn has stepped down from his role at the company as of August 4th
Tesla has appointed Vaibhav Taneja as Chief Financial Officer in addition to his current role as Chief Accounting Officer twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Aug 7, 2023
$UPS said yesterday that drivers will average $170,000 in pay and benefits such as health care and pensions at the end of a five-year contract - CNBC
— Evan (@StockMKTNewz)
Aug 10, 2023
JUST IN:
US PPI for July came in at +0.8% YoY above expectations of +0.7% YoY
— Evan (@StockMKTNewz)
Aug 11, 2023
Nvidia $NVDA CEO Jensen Huang just announced its giving its Grace Hopper AI processors a boost with the "world's fastest memory" which Nvidia is calling "GH200"
— Evan (@StockMKTNewz)
Aug 8, 2023
Taiwan Semiconductor $TSM reported July net revenue of ~$5.58B down 4.9% YoY but up 13.6% MoM
— Evan (@StockMKTNewz)
Aug 11, 2023
Apple's $AAPL iPhone 15 event is reportedly planned for either September 12th or 13th with the phones expected to go on sale around September 22nd - Bloomberg
— Evan (@StockMKTNewz)
Aug 7, 2023
Google $GOOGL owned Waymo and General Motors $GM owned Cruise are now allowed to launch paid 24/7 fully autonomous driverless car services in San Francisco - Axios twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Aug 11, 2023
Palantir $PLTR just announced a $1 Billion share buyback
— Evan (@StockMKTNewz)
Aug 7, 2023
Apple's $AAPL MLS Season Pass subscriptions have more than doubled since Lionel Missi joined Inter Miami
— Evan (@StockMKTNewz)
Aug 10, 2023
WeWork $WE said there’s “substantial doubt” about its ability to continue operating, citing sustained losses and canceled memberships to its office spaces - Bloomberg
— Evan (@StockMKTNewz)
Aug 8, 2023
SoftBank Group's British chip design unit ARM Holdings reportedly plans to go public through an IPO on the Nasdaq in September
Apple $AAPL, Samsung, Nvidia $NVDA and Intel $INTC will invest in Arm as soon as the company is listed on the market according to NikkeiAsia twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Aug 8, 2023
Dave Portnoy has bought 100% of Barstool Sports from Penn Entertainment $PENN
"PENN sold 100% of the Barstool Sports (“Barstool”) common stock to David Portnoy in exchange for certain non-compete and other restrictive covenants. PENN also has the right to receive 50% of the… twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
Aug 8, 2023
Check out more headlines over on This Week In Money! ⬇️
Get Prepared For The Week Ahead!
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