The S&P 500 and NASDAQ 100 both just had their worst months of the year

For September:

The NASDAQ 100 $QQQ was down 5.8%
The S&P 500 $SPY was down 4.9%
The Dow Jones $DIA was down 3.5%

For Q3:

The NASDAQ 100 was down 4.1%
The S&P 500 was down 3.7%
The Dow Jones was down 2.6% twitter.com/i/web/status/1…

— Evan (@StockMKTNewz)
8:10 PM • Sep 29, 2023

SmileDirectClub $SDC just filed for Chapter 11 bankruptcy

SmileDirectClub listed $499 million of assets and more than $1 billion of liabilities in its bankruptcy petition - Bloomberg

— Evan (@StockMKTNewz)
1:45 AM • Sep 30, 2023

It's official... shares of Bed Bath and Beyond $BBBYQ have now been eliminated after the company’s bankruptcy plan went into effect  

Bed Bath & Beyond said in a securities filing Friday that the shares have been canceled and “have no value.” - WSJ

— Evan (@StockMKTNewz)
10:29 PM • Sep 29, 2023

JEROME POWELL AND THE FED'S PREFERRED INFLATION INDEX JUST RELEASED

PCE for August came in at +3.5% YoY in line with expectations (+0.4% below expectations of +0.5%)

— Evan (@StockMKTNewz)
12:32 PM • Sep 29, 2023

Amazon $AMZN to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI - CNBC

— Evan (@StockMKTNewz)
8:58 AM • Sep 25, 2023

Apple $AAPL plans to increase production in India 🇮🇳 up to $40 Billion a more than 5x increase from current levels within the next five years, PTI reported, citing government officials it didn’t identify - Bloomberg

— Evan (@StockMKTNewz)
2:17 PM • Sep 24, 2023

BILL ACKMAN SAYS HE DECIDED TO BUY GOOGLE $GOOGL BECAUSE THE COMPANY WAS CHEAP - CNBC

— Evan (@StockMKTNewz)
8:35 PM • Sep 28, 2023

Costco $COST said it's selling 1-ounce Gold Bars on its website, CFO Richard Galanti said the bars are in hot demand and don’t last long when in stock

CEO Craig Jelinek said Costco takes less than a 1% markup on the Gold and that it drives more people to the website - CNBC

— Evan (@StockMKTNewz)
11:22 PM • Sep 27, 2023

Lululemon $LULU and Peloton $PTON just announced a new five-year partnership which will see Peloton become the exclusive digital fitness content provider for lululemon, and lululemon will become the primary athletic apparel partner to Peloton

— Evan (@StockMKTNewz)
8:13 PM • Sep 27, 2023

France’s competition authority raided Nvidia’s $NVDA local offices this week on suspicion the company engaged in anticompetitive practices - WSJ

— Evan (@StockMKTNewz)
7:34 PM • Sep 28, 2023

Lucid $LCID just announced it has opened the first-ever car manufacturing facility in Saudi Arabia 🇸🇦

— Evan (@StockMKTNewz)
1:01 PM • Sep 27, 2023

Microsoft's $MSFT Chief Technology Officer said today that it's having an easier time getting access to Nvidia’s $NVDA chips that run AI workloads than it was a few months ago - CNBC

“Demand was far exceeding the supply of GPU capacity that the whole ecosystem could produce,”… twitter.com/i/web/status/1…

— Evan (@StockMKTNewz)
7:18 PM • Sep 27, 2023

Microsoft $MSFT just lost its only sell rating from Wall ST as Guggenheim upgraded its view on the giant to neutral citing a tailwind from Generative AI -Bloomberg

— Evan (@StockMKTNewz)
11:45 AM • Sep 25, 2023

TARGET $TGT TO CLOSE 9 STORES ACROSS 4 STATES DUE TO THEFT, CRIME

Target will close 1 store in New York City’s Harlem, 2 locations in Seattle, 3 in the San Francisco-Oakland area and 3 more in Portland - CNBC

— Evan (@StockMKTNewz)
7:03 PM • Sep 26, 2023

COSTCO $COST JUST REPORTED EARNINGS

EPS of $4.86 beating expectations of $4.82
Total Revenue of $78.9B beating expectations of $77.96B
Net Sales of $77.4B

— Evan (@StockMKTNewz)
8:29 PM • Sep 26, 2023

Hollywood writers and studios reach tentative deal to end strike after nearly 150 days - CNBC

— Evan (@StockMKTNewz)
7:16 AM • Sep 25, 2023

Moody’s the only remaining major credit grader to assign the US a top rating, has signaled that its confidence is wavering - Bloomberg

“While government debt service payments would not be impacted and a short-lived shutdown would be unlikely to disrupt the economy, it would… twitter.com/i/web/status/1…

— Evan (@StockMKTNewz)
6:43 PM • Sep 25, 2023

Microsoft $MSFT is hiring a nuclear energy expert to help power its AI and cloud data centers putting together a road map for powering that computation with small nuclear reactors - CNBC

— Evan (@StockMKTNewz)
5:09 PM • Sep 25, 2023

Palantir $PLTR was just awarded a $250 Million contract with the US Army

"to conduct research and development services in the area of artificial intelligence (AI) and machine learning"

— Evan (@StockMKTNewz)
10:03 PM • Sep 26, 2023

🇺🇸 US GDP QOQ (Q2) ACTUAL:  2.1% BELOW EXPECTATIONS OF 2.2% (2.1% PREVIOUS)

— Evan (@StockMKTNewz)
12:32 PM • Sep 28, 2023

The UAW is reportedly now targeting a 30% pay raise in its contract talks with Ford $F, General Motors $GM, and Stellantis $STLA down from its prior target of a 40% pay raise

— Evan (@StockMKTNewz)
2:45 PM • Sep 28, 2023