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- AI and CPI: Rippers Weekly Recap 5/13
AI and CPI: Rippers Weekly Recap 5/13
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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This Week's Major Headlines
BREAKING: CPI for April just came in at +4.9% YoY below expectations of +5%
— StockMKTNewz - Evan (@StockMKTNewz)
12:30 PM • May 10, 2023
Google $GOOGL said the word "AI" ~143 times or 1.153 times per minute during its 2-hour Google I/O event today twitter.com/i/web/status/1…
— StockMKTNewz - Evan (@StockMKTNewz)
12:45 AM • May 11, 2023
Google $GOOGL just announced a new Universal Translator app that can turn video in one language into at least a passable version of the same video in another language - The Verge
— StockMKTNewz - Evan (@StockMKTNewz)
6:20 PM • May 10, 2023
JUST IN:
Google $GOOGL is removing the waitlist for Bard and opening it up in 180+ countries
— StockMKTNewz - Evan (@StockMKTNewz)
5:28 PM • May 10, 2023
Google $GOOGL just announced their A3 virtual machines for AI with Nvidia's $NVDA H100 chips
— StockMKTNewz - Evan (@StockMKTNewz)
6:05 PM • May 10, 2023
Google $GOOGL just unveiled its first ever foldable phone
The Google Pixel Fold starting at $1,799
— StockMKTNewz - Evan (@StockMKTNewz)
6:56 PM • May 10, 2023
JUST IN:
Robinhood $HOOD plans to offer 24-hour trading of selected stocks and ETFs, Monday through Friday - WSJ
— StockMKTNewz - Evan (@StockMKTNewz)
8:19 PM • May 10, 2023
DISNEY $DIS JUST REPORTED EARNINGS
EPS of $0.93 missing expectations of $0.94
Revenue of $21.82B beating expectations of $21.80BDisney+ paid subscribers: 157.8M below expectations of 163.1M
— StockMKTNewz - Evan (@StockMKTNewz)
8:07 PM • May 10, 2023
Disney $DIS CEO Bob Iger just announced Disney will begin offering a ONE APP experience that will incorporate Hulu into Disney+
— StockMKTNewz - Evan (@StockMKTNewz)
8:41 PM • May 10, 2023
JUST IN:
Wendy’s $WEN is starting to automate its drive-through using an AI chatbot powered by natural-language software developed by Google $GOOGL - WSJ twitter.com/i/web/status/1…
— StockMKTNewz - Evan (@StockMKTNewz)
11:48 AM • May 9, 2023
LYFT CEO SAYS COMPANY IS OPEN TO OFFERS FOR ACQUISITION
$LYFT CEO SAYS A SALE IS "NOT OUR FOCUS" - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
5:56 PM • May 12, 2023
Elon Musk just announced Linda Yaccarino as the new CEO of Twitter
— StockMKTNewz - Evan (@StockMKTNewz)
3:51 PM • May 12, 2023
Tesla $TSLA has achieved its goal of producing 5,000 Model Y vehicles a week at Gigafactory Texas, which was the original goal for volume production at the plant - Electrek
— StockMKTNewz - Evan (@StockMKTNewz)
11:47 PM • May 9, 2023
AMAZON $AMZN OFFERS SHOPPERS $10 TO PICK UP PURCHASES AS IT TARGETS DELIVERY COSTS - Reuters
— StockMKTNewz - Evan (@StockMKTNewz)
9:25 PM • May 8, 2023
AIRBNB $ABNB JUST REPORTED EARNINGS
EPS of $0.18 beating expectations $0.16
Revenue of $1.82B beating expectations of $1.79BAirbnb also announced a new $2.5 Billion share buyback program
— StockMKTNewz - Evan (@StockMKTNewz)
8:03 PM • May 9, 2023
PAYPAL $PYPL JUST REPORTED EARNINGS
EPS of $1.17 beating expectations of $1.10
Revenue of $7.04B beating expectations of $6.98B— StockMKTNewz - Evan (@StockMKTNewz)
8:17 PM • May 8, 2023
Rivian $RIVN just filed for a mixed shelf offering of an undisclosed size
— StockMKTNewz - Evan (@StockMKTNewz)
9:35 PM • May 9, 2023
PALANTIR $PLTR JUST REPORTED EARNINGS
EPS of $0.05 beating expectations of $0.04
Revenue of $525M beating expectations of $505.94M— StockMKTNewz - Evan (@StockMKTNewz)
8:06 PM • May 8, 2023
The S&P 500 $SPY fell by 0.3% this week the 6th consecutive week of moves less than 1% its longest streak since 2019 - WSJ
— StockMKTNewz - Evan (@StockMKTNewz)
8:46 PM • May 12, 2023
Charles Schwab $SCHW just announced its April Monthly Activity Report
"Total client assets were $7.63 Trillion as of month-end April, up 5% from April 2022 and up 1% compared to March 2023"
— StockMKTNewz - Evan (@StockMKTNewz)
12:47 PM • May 12, 2023
JUST IN:
Microsoft $MSFT just made what is believed to be the first commercial agreement for fusion power agreeing to purchase electricity from startup Helion Energy within about five years
"The commitment is a bold one given that neither Helion nor anyone else in the world… twitter.com/i/web/status/1…
— StockMKTNewz - Evan (@StockMKTNewz)
1:02 PM • May 10, 2023
US PPI for April just came in at +2.3% YoY below expectations of +2.4% YoY
— StockMKTNewz - Evan (@StockMKTNewz)
12:31 PM • May 11, 2023
Palantir $PLTR sold all of the Gold Bars it purchased in 2021. for $51.1 Million a slight gain from its $50.9M investment - CNBC
— StockMKTNewz - Evan (@StockMKTNewz)
11:09 AM • May 11, 2023
JPMorgan CEO Jamie Dimon said he thinks US regulators should look into a short selling ban on banks - Bloomberg
— StockMKTNewz - Evan (@StockMKTNewz)
12:41 PM • May 11, 2023
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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