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- Rippers Weekly Recap 02/24
Rippers Weekly Recap 02/24
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
All images in this section are sourced from finviz.com
Heat Map of the S&P 500
Best Performing Large Cap Stocks
This Week's Major Headlines
JUST IN:
Amazon $AMZN is replacing Walgreens $WBA in the Dow Jones Industrial Average
— Evan (@StockMKTNewz)
10:23 PM • Feb 20, 2024
JUST IN:
Reddit has officially filed to go public through an IPO
Reddit plans to trade on the NYSE under the ticker $RDDT - CNBC
— Evan (@StockMKTNewz)
8:28 PM • Feb 22, 2024
OPENAI CEO SAM ALTMAN IS LISTED AS THIRD-LARGEST REDDIT $RDDT SHAREHOLDER - Bloomberg
— Evan (@StockMKTNewz)
9:58 PM • Feb 22, 2024
NVIDIA $NVDA JUST REPORTED EARNINGS
EPS of $5.16 beating expectations of $4.64
Revenue of $22.1B beating expectations of $20.55B— Evan (@StockMKTNewz)
9:21 PM • Feb 21, 2024
Nvidia $NVDA just hit a $2 Trillion market cap for the first time in its history
— Evan (@StockMKTNewz)
2:32 PM • Feb 23, 2024
The S&P 500 $SPY and NASDAQ 100 $QQQ both just had their best days in over a year
S&P 500 CLOSES WITH BIGGEST DAILY PCT GAIN SINCE JAN 6, 2023
NASDAQ REGISTERS BIGGEST DAILY PCT GAIN SINCE FEB 2, 2023 twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
9:25 PM • Feb 22, 2024
Warren Buffett and Berkshire Hathaway $BRK.B held $167.6 Billion in cash as of the end of Q4 a new record surpassing the $157.2B it had as of the end of Q3
— Evan (@StockMKTNewz)
1:33 PM • Feb 24, 2024
Rivian $RIVN just said it expects to produce 57K vehicles in FY 2024 below expectations of 80K vehicles
Rivian also just announced it will reduce the size of its salaried workforce by 10%
— Evan (@StockMKTNewz)
9:12 PM • Feb 21, 2024
Apple $AAPL just introduced Apple Sports a free app for iPhone that gives sports fans access to real-time scores, stats, and more twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
2:01 PM • Feb 21, 2024
JPMorgan CEO Jamie Dimon has filed for his sale of $150 Million worth of $JPM stock
— Evan (@StockMKTNewz)
2:54 PM • Feb 23, 2024
Jeff Bezos just filed for his sale of 14M additional shares of Amazon $AMZN worth ~$2.4 Billion
Bezos has now sold ~$8.4 Billion worth of Amazon stock so far in 2024
— Evan (@StockMKTNewz)
12:30 AM • Feb 21, 2024
INTEL $INTC SAYS IT'S ON TRACK TO REGAIN TECHNOLOGY EDGE IN 2025
MICROSOFT $MSFT WILL PRODUCE ITS HOME-GROWN PROCESSOR USING INTEL'S 18A TECHNOLOGY - Bloomberg
— Evan (@StockMKTNewz)
4:34 PM • Feb 21, 2024
🇺🇸 MORTGAGE RATES JUMP ABOVE 7% FOR FIRST TIME SINCE DECEMBER
The average new 30 year fixed rate mortgage in the US jumped to 7.06% up from 6.87% last week - MBA via Bloomberg
— Evan (@StockMKTNewz)
1:48 PM • Feb 21, 2024
NEURALINK'S FIRST HUMAN PATIENT ABLE TO CONTROL MOUSE THROUGH THINKING, MUSK SAYS
Elon Musk said that the first human patient implanted with a brain-chip from Neuralink appears to have fully recovered and is able to control a computer mouse using their thoughts - Reuters
— Evan (@StockMKTNewz)
4:51 PM • Feb 20, 2024
'APPLE RING' ALLEGEDLY IN DEVELOPMENT TO RIVAL SAMSUNG GALAXY RING
Apple $AAPL is reportedly speeding up development of a smart ring that can be worn on the finger to track users' health biometrics, claims a new report coming out of Korea - MacRumors
— Evan (@StockMKTNewz)
2:32 PM • Feb 20, 2024
JUST IN:
Germany 🇩🇪 has now surpassed Japan 🇯🇵 to take over as the world's 3rd largest economy behind just the United States 🇺🇸 and China 🇨🇳 - Bloomberg
— Evan (@StockMKTNewz)
12:13 AM • Feb 15, 2024
Capital One $COF is set to acquire Discover Financial $DFS in a $35.3 Billion all stock deal
Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover’s Friday closing price of $110.49.
The… twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
12:12 AM • Feb 20, 2024
Get Prepared For The Week Ahead!
That's it for today — thanks for reading! Want more Rippers? Make sure you're subscribed to this newsletter and never miss a weekly recap
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