Earnings Season Is Here: Rippers Weekly Recap 7/15

Plus CPI, Prime Day, & Chipotle's Robot Guac Maker

Author

StockMKTNewz Evan
July 15, 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

💡SaberTrade Ideas: FTC Vs. Microsoft

DISCLAIMER: Not Financial Advice

The FTC had a bad week – losing what may turn out to be a precedent setting case concerning Microsoft’s acquisition of Activision. This makes Microsoft the third largest video game publisher (behind Tencent and Sony) and will now own massive titles such as Call of Duty, Diablo, and Warcraft.

Current FTC chair Lena Kahn has become known for bringing somewhat speculative anti-trust cases regarding vertical integration. Lena and her supporters believe that, despite losing cases like this one, bringing aggressive suits draws attention to potential issues which benefit their political agenda over the longer term.

Smart traders will be on the lookout for more dicey cases like this one! Expect stocks to dip a bit upon the lawsuit announcements, but then come back when the company ultimately wins the case. Keep an eye out for more overreaching anti-trust cases in the pipeline. The FTC’s predictable failures in court can be your financial gain 🙂

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This Week's Major Headlines

Get Prepared For The Week Ahead!

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