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- Rippers Weekly Recap 10/14: Fashionably Late Edition
Rippers Weekly Recap 10/14: Fashionably Late Edition
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
Worst Performing Large Cap Stocks
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This Week's Major Headlines
JUST IN:
Microsoft $MSFT has closed its acquisition of video game publisher Activision Blizzard officially making it the largest deal in its 48-year history twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
12:46 PM • Oct 13, 2023
THE S&P 500 $SPY IS REBALANCING
Lululemon $LULU and Hubbell $HUBB will be added to the index replacing Activision Blizzard $ATVI and Organon $OGN effective before the markets open on Wednesday, October 18th
— Evan (@StockMKTNewz)
10:05 PM • Oct 13, 2023
BREAKING: 🇺🇸 CPI for September just came in at +3.7% YoY above expectations of +3.6%
— Evan (@StockMKTNewz)
12:30 PM • Oct 12, 2023
CHIPOTLE $CMG IS PLANNING TO RAISE PRICES AGAIN CITING INFLATION - CNBC
— Evan (@StockMKTNewz)
7:22 PM • Oct 11, 2023
JUST IN:
Microsoft $MSFT said the IRS wants them to pay $28.9 Billion plus additional fines and interest for the tax years 2004 to 2013
Microsoft said they disagree with the IRS' audit and will try to fight it and that the process will take several years to complete
— Evan (@StockMKTNewz)
8:24 PM • Oct 11, 2023
Microsoft $MSFT backed OpenAI is reportedly now generating revenue at a pace of $1.3 Billion a year up 30% from what was reported in late August - The Information
— Evan (@StockMKTNewz)
3:15 PM • Oct 12, 2023
JUST IN:
The Social Security Administration has announced a 3.2% cost-of-living adjustment for 2024 - CNBC
— Evan (@StockMKTNewz)
12:49 PM • Oct 12, 2023
$AMD just announced it has agreed to acquire Nod(.)ai to
"expand the company's open AI software capabilities"
— Evan (@StockMKTNewz)
1:00 PM • Oct 10, 2023
Exxon Mobil $XOM agrees to buy Pioneer Natural Resources $PXD for nearly $60 billion in all-stock merger - CNBC
— Evan (@StockMKTNewz)
10:36 AM • Oct 11, 2023
Disney $DIS is raising ticket prices at its California Disneyland resort by up to 9% and lifting annual pass prices at its Florida DisneyWorld by as much as 10%
The company isn’t raising daily admission prices in Florida - Bloomberg
— Evan (@StockMKTNewz)
11:42 AM • Oct 11, 2023
Novo Nordisk $NVO just raised its outlook for its full-year sales and operating profit due to soaring demand for its blockbuster weight loss drug Wegovy and diabetes treatment Ozempic - CNBC
— Evan (@StockMKTNewz)
3:15 PM • Oct 13, 2023
🇺🇸 SEC ADOPTS RULE TO INCREASE TRANSPARENCY INTO SHORT SELLING
— Evan (@StockMKTNewz)
4:24 PM • Oct 13, 2023
Netflix $NFLX just announced plans for 2 fan destinations in the 🇺🇸 in 2025
Fans will be able to immerse themselves in the worlds of their favorite TV shows, shop for clothing, eat themed food and maybe even try a Squid Game obstacle course - Bloomberg
— Evan (@StockMKTNewz)
5:19 PM • Oct 12, 2023
QUALCOMM $QCOM TO CUT 1,200 CALIFORNIA JOBS, SAN DIEGO, & SANTA CLARA - Bloomberg
— Evan (@StockMKTNewz)
6:24 PM • Oct 12, 2023
🇺🇸 SEC WILL NOT BE APPEALING COURT DECISION ON GRAYSCALE BITCOIN $BTC ETF - Reuters
— Evan (@StockMKTNewz)
8:57 PM • Oct 13, 2023
Unity $U just announced its CEO and Board Chairman John Riccitiello will retire from his roles effective immediately
— Evan (@StockMKTNewz)
8:40 PM • Oct 9, 2023
Activist Investor Nelson Peltz has increased his stake in Disney $DIS up to more than $2.5 Billion and is planning a fresh push for a seat on Disney's board of directors - WSJ
— Evan (@StockMKTNewz)
9:13 AM • Oct 9, 2023
Tesla $TSLA is reportedly building a new "bunkerlike" structure at its Texas Gigafactory which when it's completed the building will house part of Tesla's new Dojo supercomputer according to The Information
— Evan (@StockMKTNewz)
2:38 PM • Oct 10, 2023
Pepsi’s CFO $PEP said he thinks interest rates have been the big reason the stock has struggled over the last 6 months
He added that they’re studying the weight loss drugs closely but not seeing anything at all in the numbers - CNBC
— Evan (@StockMKTNewz)
11:27 AM • Oct 10, 2023
Disney’s $DIS research and development arm has unveiled a new robot
— Evan (@StockMKTNewz)
7:54 PM • Oct 10, 2023
Congressman George Santos was just charged with conspiracy, wire fraud, false statements, falsification of records, aggravated identity theft, and credit card fraud - 🇺🇸 Justice Department
— Evan (@StockMKTNewz)
9:46 PM • Oct 10, 2023
Get Prepared For The Week Ahead!
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