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- Rippers Weekly Recap 06/22
Rippers Weekly Recap 06/22
StockMKTNewz Evan
June 22, 2024
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
How the Largest Stocks Performed
Best Performing Large Cap Stocks
Worst Performing Large Cap Stocks
This Week's Major Headlines
AMAZON $AMZN CONSIDERS $5 TO $10 MONTHLY FEE FOR ALEXA WITH REVAMPED AI
— Evan (@StockMKTNewz)
10:03 AM • Jun 21, 2024
Tesla $TSLA has reduced the size of its workforce by at least 14% this year after Elon Musk said layoffs would exceed 10% - CNBC
— Evan (@StockMKTNewz)
8:39 PM • Jun 21, 2024
Apple $AAPL has warned that European customers will miss out on the iPhone’s flagship new AI features when they launch later this year, due to “uncertainties” stemming from Brussels’ new competition rules - Financial Times
— Evan (@StockMKTNewz)
4:36 PM • Jun 21, 2024
Netflix $NFLX just announced the first two cities for its gigantic new in-person experience venues
The new Netflix Houses to open next year in King of Prussia, Pa, and Dallas will feature a wide array of shopping outlets, eateries and experiential activities tied to the… x.com/i/web/status/1…
— Evan (@StockMKTNewz)
4:07 PM • Jun 18, 2024
EV startup Fisker just filed for Chapter 11 bankruptcy - Tech Crunch
— Evan (@StockMKTNewz)
11:52 AM • Jun 18, 2024
APPLE $AAPL SUSPENDS WORK ON NEXT HIGH-END HEADSET, FOCUSED ON RELEASING CHEAPER MODEL IN LATE 2025
Apple told at least one supplier that it has suspended work on its next high-end Vision headset. Apple is still working on releasing a more affordable Vision product with fewer… x.com/i/web/status/1…
— Evan (@StockMKTNewz)
3:05 PM • Jun 18, 2024
Spotify $SPOT is introducing a new “Basic” streaming plan in the 🇺🇸
The new plan costs $10.99 per month and includes all of the benefits of a Premium plan but without the monthly audiobook listening time - Tech Crunch
— Evan (@StockMKTNewz)
3:07 PM • Jun 21, 2024
American Express $AXP just agreed to acquire “Tock” for $400 million from Squarespace - Bloomberg
— Evan (@StockMKTNewz)
1:10 PM • Jun 21, 2024
Amazon $AMZN announced today plans to invest ~$10.8 Billion into Germany 🇩🇪
"to drive innovation and support the expansion of our logistics network and cloud infrastructure across the country"
— Evan (@StockMKTNewz)
4:07 PM • Jun 19, 2024
The 🇺🇸 FTC sued Adobe $ADBE and two executives today accusing it of
"pushing people into subscriptions and then making it absurdly hard to cancel"
— Evan (@StockMKTNewz)
10:31 PM • Jun 17, 2024
Apple $AAPL bought back $429.1 Billion worth of its own stock over the last 5 years more than any other company
— Evan (@StockMKTNewz)
1:15 PM • Jun 17, 2024
Anthropic, a startup backed by Google $GOOGL and Amazon $AMZN just released an updated AI intelligence model
Just 3 months after rolling out its Claude 3 family of AI models, Anthropic said it was launching Claude 3.5 Sonnet - Reuters
— Evan (@StockMKTNewz)
4:18 PM • Jun 20, 2024
BREAKING NEWS:
For the first time ever Nvidia $NVDA is now the LARGEST stock in the world x.com/i/web/status/1…
— Evan (@StockMKTNewz)
5:16 PM • Jun 18, 2024
MicroStrategy $MSTR just bought 11,931 additional Bitcoin $BTC at an average price of ~$65,883 per Bitcoin
MicroStrategy now owns a total of 226,331 Bitcoin which were bought at an average price of $36,798 per bitcoin
— Evan (@StockMKTNewz)
12:35 PM • Jun 20, 2024
Nvidia $NVDA just agreed to acquire Shoreline(.)io
The deal was struck recently and values Shoreline at about $100 million - Bloomberg
— Evan (@StockMKTNewz)
7:40 PM • Jun 18, 2024
Target $TGT just announced plans to roll out new Generative AI powered tools to team members at all of its nearly 2,000 stores by August
— Evan (@StockMKTNewz)
1:10 PM • Jun 20, 2024
Nikola $NKLA just announced a 1 for 30 REVERSE STOCK SPLIT
— Evan (@StockMKTNewz)
12:11 PM • Jun 20, 2024
The Bank of England this morning decided to keep interest rates unchanged at its June meeting, confirming market expectations even after U.K. inflation hit its 2% target - CNBC
— Evan (@StockMKTNewz)
11:46 AM • Jun 20, 2024
Taiwan Semiconductor $TSM is reportedly planning to raise the price of its 3nm chips by over 5% - TrendForce via SeekingAlpha
— Evan (@StockMKTNewz)
12:53 PM • Jun 17, 2024
NVIDIA TO GET 20% WEIGHTING AND BILLIONS IN INVESTOR DEMAND, WHILE APPLE DEMOTED IN MAJOR TECH FUND
Microsoft $MSFT and Nvidia $NVDA will likely have a weight of ~21% each in $XLK, while Apple $AAPL will be down to about 4.5%
The ETF has ~$71B in assets under management, so a… x.com/i/web/status/1…
— Evan (@StockMKTNewz)
5:04 PM • Jun 17, 2024
Get Prepared For The Week Ahead!
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