The Rippers Daily Recap 1/24: Markets go from down big to finishing the day in the Green

Hey Rippers fam!

Hey everyone, it’s Evan! But I’m better known online as @StockMKTNewz. If you know me, you know I tweet way too much for any sane person to track. So, I thought I would narrow down my hundreds of tweets to get you caught up here in under 5 minutes on all the news from today you need to know! 

Let me know what you think of this new daily format, my DMs on Twitter and Instagram are open! Today, we're covering:

• Market recap

• Biggest headlines

• Tomorrow’s largest events

• Twitter Spaces recaps

Here's How The Stock Market Performed Today

The Major Indexes

Heat Map of the S&P 500

How The Largest Stocks Performed

Best Performing Large Cap Stocks

Worst Performing Large Cap Stocks

Most Active Large Cap Stocks

Major Headlines

• Meta (Facebook) $FB said its research team built a new AI supercomputer that the company maintains will soon be the fastest in the world - WSJ

• General Motors $GM is planning to launch an algorithm-based auto insurance plan by the end of the Q1 in some U.S. states - Automotive News 

• FuboTV $FUBO announced today acquired the exclusive right to show select UEFA National Team Football and UEFA European Championship Matches - Bloomberg 

• Kohl's $KSS confirmed today it received letters expressing interest in acquiring the Company - Reuters

• FedEx $FDX and Microsoft $MSFT announced today a new cross-platform "logistics as a service" for retailers, merchants and brands

• Panasonic will reportedly start mass-producing next-gen Tesla $TSLA batteries in 2023 - The Verge 

• Activist investor Blackwell Capital wants Peloton $PTON to fire its CEO John Foley and explore a sale of the company - WSJ 

• Wynn Resorts $WYNN is reportedly looking to sell its online sports betting/gaming app WynnBet with a asking price of $500M - NYT 

• Shopify $SHOP said it plans to make changes to its fulfillment network to help merchants compete with big-box retailers. For example, Shopify plans to prioritize 2 day shipping at affordable prices - Reuters 

• Twitter $TWTR appears to be working on a feature that lets you share tweets with a specific group of people up to 150. - The Verge

Tomorrow's Largest Events: Earnings Expectations

**All the numbers are consensus Wall ST expectations**

Microsoft: EPS of $2.32 up 14.3% YoY, Rev of $50.78B up 18.1% YoY

The numbers will be released around 4:10PM EST with the conference call starting at 5:30PM EST

General Electric: EPS of $0.89 up 39% YoY, Rev of $21.35B down 3% YoY

The numbers will be released around 6:15AM EST, with the conference call starting at 8:00AM EST

Johnson & Johnson: EPS of $2.12 up 14% YoY, Rev of $25.29B up 12.5% YoY

The numbers will be released around 6:25AM EST, with the conference call starting at 8:30AM EST

3M Company: EPS of $2.02 down 15% YoY, Rev of $8.58B up 0% YoY

The numbers will be released around 6:30AM EST, with the conference call starting at 9:00AM EST

Raytheon: EPS of $1.02 up 38% YoY, Rev of $17.28B up 5% YoY

The numbers will be released around 6:55AM EST, with the conference call starting at 8:30AM EST

American Express: EPS of $1.83 up 4% YoY, Rev of $11.55B up 24% YoY

The numbers will be released around 7:00AM EST, with the conference call starting at 8:30AM EST

Verizon: EPS of $1.28 up 6% YoY, Rev of $33.95B down 2% YoY

The numbers will be released around 7:30AM EST, with the conference call starting at 8:30AM EST

NextEra: EPS of $0.40 up 0% YoY, Rev of $5.79B up 32% YoY

The numbers will be released around 7:30AM EST, with the conference call starting at 9:00AM EST

Lockheed Martin: EPS of $7.14 up 12% YoY, Rev of $17.66B up 4% YoY

The numbers will be released around 7:30AM EST, with the conference call starting at 11:00AM EST

Texas Instruments: EPS of $1.96 up 5% YoY, Rev of $4.43B up 9% YoY

The numbers will be released around 4:00PM EST, with the conference call starting at 4:15PM EST

Twitter Spaces

Good Morning FinTwit - Getting you ready for the market every Monday at 9:20AM EST

In this space we were joined by @WOLF_Financial, @stocktalkweekly, @ThePupOfWallSt, @EinsteinoWallSt, @RiskReversal, @gurgavin, @TradersParadise, @RealJuicyTradez, @StockMarketNerd 

Link to listen

Listen on Spotify

Rippers Power Hour Spaces -  Markets turn from Red to Green in front of our eyes!

In this space we were joined by @WOLF_Financial, @byKatherineRoss, @StockMarketNerd, @stocktalkweekly, @XclusiveTrading, @Sarge986, @PBInvesting, @gurgavin

Click here to listen!

That's it for this week! Thanks for reading the Rippers Weekly Recap! Stay bullish and we'll see you all in the next one 🔥