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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SEC SUES ANDREW LEFT AND CITRON CAPITAL OVER STOCK SHORT SALES
🇺🇸 authorities accused famed short-seller Andrew Left of committing fraud through stock trades, social media posts and research reports - Bloomberg
— Evan (@StockMKTNewz)
1:28 PM • Jul 26, 2024
JUST IN:
Apple $AAPL is working on a foldable iPhone that could be released as early as 2026 and in recent months reached out to suppliers in Asia to make components for the device - The Information
— Evan (@StockMKTNewz)
3:12 PM • Jul 23, 2024
Mark Zuckerberg just said $META owned WhatsApp now has 100 Million Monthly Active Users in the 🇺🇸 or roughly 30% of the US population
— Evan (@StockMKTNewz)
6:04 PM • Jul 25, 2024
Honeywell $HON is considering an IPO of its majority-owned quantum computing firm Quantinuum as soon as next year
The firm has held discussions with several investment banks and could seek a valuation of ~$10 billion - Bloomberg
— Evan (@StockMKTNewz)
5:08 PM • Jul 26, 2024
SEC SUES ANDREW LEFT AND CITRON CAPITAL OVER STOCK SHORT SALES
🇺🇸 authorities accused famed short-seller Andrew Left of committing fraud through stock trades, social media posts and research reports - Bloomberg
— Evan (@StockMKTNewz)
1:28 PM • Jul 26, 2024
Walmart $WMT plans to potentially spend $200 million on self-driving forklifts as part of broader efforts to automate more warehouse operations - Reuters
— Evan (@StockMKTNewz)
2:49 PM • Jul 26, 2024
OpenAI will reportedly lose $5 Billion this year, according to an analysis by The Information
OpenAI as of March was on track to spend nearly $4 billion this year on renting Microsoft’s $MSFT servers to power ChatGPT and its underlying LLMs
If the report is right, OpenAI will… x.com/i/web/status/1…
— Evan (@StockMKTNewz)
3:11 PM • Jul 25, 2024
Warren Buffett and Berkshire Hathaway $BRK.B filed for its sale of another 18.9M shares of Bank of America $BAC for ~$802.5 Million (Pre Tax)
— Evan (@StockMKTNewz)
1:40 PM • Jul 25, 2024
Robinhood $HOOD just introduced Joint Investing Accounts
"which allow customers to seamlessly manage investments with their partner while keeping their shared assets in one place"
— Evan (@StockMKTNewz)
1:18 PM • Jul 25, 2024
GE HealthCare $GEHC announced today it's teaming up with Amazon Web Services $AMZN to build new generative AI models and tools that can efficiently analyze complex medical data - CNBC
— Evan (@StockMKTNewz)
1:21 PM • Jul 25, 2024
Philip Morris $PM owned Zyn sold 135.1 Million cans in the 🇺🇸 during Q2 up 50.3% YoY
— Evan (@StockMKTNewz)
11:25 AM • Jul 23, 2024
NBA SAYS ENTERED INTO A LONG-TERM ARRANGEMENT WITH AMAZON $AMZM - Bloomberg
— Evan (@StockMKTNewz)
8:24 PM • Jul 24, 2024
TESLA $TSLA JUST REPORTED EARNINGS
EPS of $0.52 missing expectations of $0.62
Revenue of $25.5B beating expectations of $24.7B— Evan (@StockMKTNewz)
8:04 PM • Jul 23, 2024
Elon Musk just said Tesla’s $TSLA Robotaxi event is now scheduled for October 10th
Elon said Tesla will also be unveiling some other new products at the event
— Evan (@StockMKTNewz)
9:37 PM • Jul 23, 2024
GOOGLE $GOOGL JUST REPORTED EARNINGS
EPS of $1.89 beating expectations of $1.85
Revenue Ex-TAC of $84.7B beating expectations of $84.3B— Evan (@StockMKTNewz)
8:03 PM • Jul 23, 2024
Google $GOOGL brought in Revenue of $8.7 Billion from YouTube ads during Q2
Google acquired YouTube for $1.65 Billion back in October 2006 🤯
— Evan (@StockMKTNewz)
1:36 AM • Jul 24, 2024
Nvidia $NVDA is working on a version of its new flagship AI chips for the China 🇨🇳 market that would be compatible with current US 🇺🇸 export controls - Reuters
— Evan (@StockMKTNewz)
12:53 PM • Jul 22, 2024
The Magnificent 7 dropped by more than $750 Billion today
— Evan (@StockMKTNewz)
9:51 PM • Jul 24, 2024
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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