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- Rippers Weekly Recap 9/16
Rippers Weekly Recap 9/16
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
A MESSAGE FROM WE THE INVESTORS
Become An Empowered Investor
The retail investor community is investing $1.5 billion in equities every month. The markets need us. So why does Wall Street get to write the rules of the game? When do we get our say in the process?
We The Investors say the time is now to demand real change from Wall Street, including:
Transparency into broker practices, execution, & conflicts-of-interest
Simplicity & Fairness through free, trustworthy, &uncomplicated markets
Choice & Control over orders, trades, accounts and investments
Best Execution enforcement, including elimination of PFOF
Better Settlement & Clearing including more investor choices and
greater visibility into execution
With a community of more than 200,000 individual investors, our voice is only getting louder — and people are listening. It’s your turn to have a say in the process.
Learn more from We The Investors Co-Founder Dave Lauer on the Bullish Studio Podcast ⬇️
This Week's Major Headlines
JUST IN: Google $GOOGL is reportedly nearing the release of Gemini AI its rival to OpenAI's ChatGPT-4
Google has given a small group of outside companies access to an early version of its conversational AI signaling its getting close to incorporating it into its consumer… twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
12:01 AM • Sep 15, 2023
Thousands of members of the United Auto Workers went on strike at three U.S. assembly plants of General Motors $GM, Ford $F and Stellantis $STLA, after the union and the automakers failed to reach a deal on a new labor contract Thursday night - CNBC
— Evan (@StockMKTNewz)
6:40 AM • Sep 15, 2023
Ford $F just announced it's laying off 600 employees in Michigan due to the UAW strike - CNBC
— Evan (@StockMKTNewz)
8:34 PM • Sep 15, 2023
BREAKING: 🇺🇸 CPI for August just came in at +3.7% YoY above expectations of +3.6%
— Evan (@StockMKTNewz)
12:31 PM • Sep 13, 2023
JUST IN:
🇺🇸 PPI for August came in at +1.6% YoY above expectations of +1.3% YoY
🇺🇸 PPI for August came in at +0.7% MoM above expectations of +0.4% YoY
— Evan (@StockMKTNewz)
12:32 PM • Sep 14, 2023
The European Central Bank 🇪🇺 just raised interest rates by 0.25% to 4.5% above expectations of no rate hike
— Evan (@StockMKTNewz)
12:20 PM • Sep 14, 2023
Here's the new full Apple $AAPL iPhone lineup
— Evan (@StockMKTNewz)
6:21 PM • Sep 12, 2023
Apple $AAPL just announced "Double Tap" a new feature for the Apple Watch in which you just tap your thumb and pointer finger together and it can
Answer or end a call, stop a timer, snooze an alarm, or play or pause music and more
— Evan (@StockMKTNewz)
5:17 PM • Sep 12, 2023
Amazon $AMZN just announced "Supply Chain by Amazon"
"an end-to-end, fully automated set of supply chain services that will provide sellers with a complete solution to quickly and reliably move products directly from their manufacturers to customers around the world."
— Evan (@StockMKTNewz)
1:08 PM • Sep 12, 2023
Taiwan Semiconductor $TSM has reportedly told its major suppliers to delay the delivery of high-end chipmaking equipment - Reuters
— Evan (@StockMKTNewz)
11:18 AM • Sep 15, 2023
JUST IN:
Facebook $META is working on a new AI system intended to be as powerful as the most advanced model (ChatGPT-4) offered by OpenAI - WSJ
— Evan (@StockMKTNewz)
9:06 PM • Sep 10, 2023
Salesforce $CRM is hiring 3,300 people marking a new investment after it eliminated 10% of its workforce (~8K jobs) earlier this year
The pool of new hires will be roughly equally split among sales, engineering, and those working on the company’s data cloud product - Bloomberg
— Evan (@StockMKTNewz)
12:17 AM • Sep 15, 2023
Byron Allen has reportedly submitted a $10 billion offer to Disney $DIS to acquire ABC TV network, local stations, as well as the FX and National Geographic cable channels - Bloomberg
— Evan (@StockMKTNewz)
10:11 AM • Sep 15, 2023
Apple $AAPL just said it will issue a software update for iPhone 12 users in France to potentially end its problems with French regulators ordering the suspension of the phone's sale due to breaches of radiation exposure limits
"We will issue a software update for users in… twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
9:35 AM • Sep 15, 2023
Arm Holdings $ARM has officially opened for trading with the first trade happening at $56.10 above its IPO price of $51
— Evan (@StockMKTNewz)
4:14 PM • Sep 14, 2023
CHINA 🇨🇳 SAYS IT HAS NOT ISSUED A BAN ON PURCHASE AND USE OF FOREIGN BRAND OF PHONES SUCH AS APPLE’S $AAPL IPHONE - Bloomberg
— Evan (@StockMKTNewz)
8:23 AM • Sep 13, 2023
Caesars Entertainment $CZR paid ransom to hackers in a cyberattack late this summer
The hackers demanded $30 million, and the company agreed to pay about half of that amount - WSJ
— Evan (@StockMKTNewz)
8:41 PM • Sep 13, 2023
Birkenstock just filed to go public through an IPO with plans to trade on the NYSE under the ticker $BIRK
— Evan (@StockMKTNewz)
8:30 PM • Sep 12, 2023
Microsoft's $MSFT improved combat goggles have passed their first round of intensive testing by soldiers, and the tech giant has been awarded an order for another batch to be used for a make-or-break combat evaluation in 2025 - Bloomberg
— Evan (@StockMKTNewz)
3:22 PM • Sep 13, 2023
Google is laying off hundreds of people across its global recruiting team
$GOOGL didn’t say what percentage of its recruiting workforce was impacted, but said that it plans to retain a significant majority.
Workers who were laid off began learning their roles had been… twitter.com/i/web/status/1…
— Evan (@StockMKTNewz)
5:44 PM • Sep 13, 2023
Former Starbucks $SBUX CEO Howard Schultz just announced he will step down from the Starbucks board of directors effective immediately
— Evan (@StockMKTNewz)
8:07 PM • Sep 13, 2023
Delta Airlines $DAL just lowered its Q3 EPS guide to between $1.85-$2.05 down from its previous guide of $2.20-$2.50
— Evan (@StockMKTNewz)
12:36 PM • Sep 14, 2023
CITI JUST SAID IT EXPECTS JEROME POWELL AND THE 🇺🇸 FED TO “SKIP” INTEREST RATE HIKE IN SEPTEMBER, TO DELIVER 25 BPS HIKE IN NOVEMBER - Bloomberg
— Evan (@StockMKTNewz)
10:38 AM • Sep 14, 2023
JPMorgan $JPM is planning to offer online payroll services as it steps up fight with Square $SQ, PayPal $PYPL
The bank has picked San Francisco-based fintech player Gusto to provide the underlying technology for the feature - CNBC
— Evan (@StockMKTNewz)
8:50 PM • Sep 14, 2023
Qualcomm $QCOM just said it will supply Apple with 5G modems for smartphones through 2026 - CNBC
— Evan (@StockMKTNewz)
11:32 AM • Sep 11, 2023
Get Prepared For The Week Ahead!
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