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- Rippers Weekly Recap 06/01
Rippers Weekly Recap 06/01
Hey everyone, itβs @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
We explain the latest business, finance, and tech news with visuals and data. π
All in one free newsletter that takes < 5 minutes to read. π
Save time and become more informed today.π
This Week's Major Headlines
Costcoβs $COST new CFO just said: π
βI also want to confirm the $1.50 hot dog price is safeβ
β Evan (@StockMKTNewz)
10:00 PM β’ May 30, 2024
THE SIX BIGGEST πΊπΈ COMPANIES NOW COMMAND A GREATER SHARE OF THE S&P 500 $SPY THAN EVER BEFORE
Microsoft $MSFT, Apple $AAPL, Nvidia $NVDA, Google $GOOGL, Amazon $AMZN, and Facebook $META now account for 30% of the S&P 500 up from ~26% at the start of the year - Bloomberg
β Evan (@StockMKTNewz)
6:02 PM β’ May 30, 2024
πΊπΈ IS REINING IN AI CHIP SALES TO MIDDLE EAST BY NVIDIA $NVDA, $AMD - Bloomberg
β Evan (@StockMKTNewz)
7:22 PM β’ May 30, 2024
Nvidia $NVDA said it has 2 indirect customers that each represented 10% or more of total revenue during Q1
β Evan (@StockMKTNewz)
3:17 PM β’ May 30, 2024
Facebook $META just declared a $0.50 per share quarterly dividend which will be paid to shareholders on June 26th
Mark Zuckerberg is about to receive another ~$172.5 Million dividend check from his $META shares
β Evan (@StockMKTNewz)
10:27 PM β’ May 30, 2024
JUST IN:
Nvidia $NVDA CEO Jensen Huang's net worth just hit the $100 Billion milestone for the first time - Bloomberg Billionaire Index
β Evan (@StockMKTNewz)
1:16 AM β’ May 30, 2024
NEW BITCOIN $BTC ETF KING π
Blackrock's $BLK Bitcoin ETF $IBIT has overtaken Grayscale's Bitcoin ETF $GBTC in Assets Under Management to take over as the largest Bitcoin ETF x.com/i/web/status/1β¦
β Evan (@StockMKTNewz)
2:40 PM β’ May 30, 2024
The πΊπΈ FAA just granted Amazon $AMZN permission to operate its delivery drones "beyond visual line of sight"
β Evan (@StockMKTNewz)
12:45 PM β’ May 30, 2024
Google $GOOGL said it will commit $2 Billion in Malaysia π²πΎ and build its first data center and cloud region in the country - CNBC
β Evan (@StockMKTNewz)
12:57 PM β’ May 30, 2024
TESLA $TSLA IS REPORTEDLY PREPARING TO REGISTER ITS FSD AUTONOMOUS DRIVING FEATURE IN CHINA π¨π³ - Bloomberg
β Evan (@StockMKTNewz)
10:47 AM β’ May 30, 2024
APPLE PLANS TO USE CUSTOM CHIPS FOR CONFIDENTIAL COMPUTING TECHNIQUES
Apple $AAPL plans to process data from AI applications in a virtual black box, making it impossible for its employees to access it - The Information
β Evan (@StockMKTNewz)
1:42 PM β’ May 29, 2024
Cathie Woodβs Ark Investment has purchased a stake in Elon Muskβs artificial-intelligence startup xAI - Bloomberg
β Evan (@StockMKTNewz)
11:56 AM β’ May 29, 2024
Palantir $PLTR was just awarded a $480 Million contract with the πΊπΈ Army
β Evan (@StockMKTNewz)
9:09 PM β’ May 29, 2024
JEROME POWELL AND THE FED'S PREFERRED INFLATION INDEX JUST RELEASED
πΊπΈ PCE for April just came in at +2.7% YoY in line with expectations (+0.3% MoM in line)
πΊπΈ Core PCE for April is +2.8% YoY in line with expectations (+0.2% MoM below expectations of +0.3% MoM) x.com/i/web/status/1β¦
β Evan (@StockMKTNewz)
12:32 PM β’ May 31, 2024
Amazon $AMZN announced today it now offers a free subscription to Grubhub as a part of its $139 Prime Membership
β Evan (@StockMKTNewz)
1:57 PM β’ May 30, 2024
PayPal $PYPL is planning to start an ad sales business using the data it generates from tracking the purchases as well as the broader spending behaviors of millions of consumers who use its services - WSJ
β Evan (@StockMKTNewz)
12:06 PM β’ May 28, 2024
Carl Icahn has reportedly built a "sizable" stake in Caesars Entertainment $CZR - Bloomberg
β Evan (@StockMKTNewz)
3:07 PM β’ May 31, 2024
Elon Musk and Donald Trump have reportedly discussed a possible advisory role for the Tesla leader should the presumptive Republican nominee reclaim the White House
The role hasnβt been fully hammered out and might not happen but the two men discussed ways to give Musk formalβ¦ x.com/i/web/status/1β¦
β Evan (@StockMKTNewz)
4:16 PM β’ May 29, 2024
Apple's $AAPL iPhone shipments in China π¨π³ rose 52% YoY in April according to data from a research firm affiliated with the Chinese government - Reuters
β Evan (@StockMKTNewz)
12:34 PM β’ May 28, 2024
Saudi Arabia πΈπ¦ is likely to announce as soon as this week plans to sell $10 Billion to $20 Billion worth of stock in Saudi Aramco - WSJ
β Evan (@StockMKTNewz)
1:48 PM β’ May 28, 2024
Get Prepared For The Week Ahead!
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