Rippers Weekly Recap 3/25: The Biggest Headlines, Earnings and Movers from this past week

Hey Rippers fam!

Hey everyone, it’s Evan! But I’m better known online as @StockMKTNewz. If you know me, you know I tweet way too much for any sane person to track. So, I thought I would narrow down my hundreds of tweets to get you caught up here in under 5 minutes on all the news from today you need to know!

Let me know what you think of this new daily format, my DMs on Twitter and Instagram are open! Today, we're covering the market recap, the latest earnings reports, biggest headlines, and more!

How The Stock Market Performed This Past Week

The Major Indexes

Heat Map of the S&P 500

How The Largest Stocks Performed

Best Performing Large Cap Stocks

Worst Performing Large Cap Stocks

**All images are via Finviz.com**

Major Earnings Headlines

Nike reported earnings Monday after the markets closed, posting numbers of:

• EPS of $0.87, beating expectations of $0.75

• Rev of $10.87B, beating expectations of $10.62B

Nike said nearly all of its supplier base is currently operational without restrictions

Nio reported earnings Thursday after the markets closed, posting numbers of:

• EPS of -$0.16, missing expectations of -$0.14

• Rev of $1.55B, beating expectations by $20M

Nio delivered 25,034 EVs in Q4 up 44% YoY

Adobe reported earnings Tuesday after markets closed, posting numbers of:

• EPS of$3.41, beating expectations of $3.38

• Rev of $4.26B, beating expectations of $4.24

Carnival reported earnings Tuesday before the markets opened, posting numbers of:

• EPS of -$1.65, missing expectations of -$1.23

• Rev of-$1.62B, missing expectations of -$2.29

Pinduoduo reported earnings Monday before the markets opened, posting numbers of:

• EPS of $1.07, beating expectations of $0.42

• Rev of $4.27B, missing expectations of $4.82B

Major Headlines From This Week

Monday:

• Alibaba increased its share buyback program to $25 Billion from $15B - CNBC 

• Warren Buffett’s Berkshire Hathaway has agreed to acquire Alleghany $Y for $11.6 Billion or $848.02 per share in cash - CNBC

Tuesday:

• Tesla delivered the first vehicles from its German Gigafactory. - Electrek

• Ryan Cohen spent ~$10M to buy 100,000 shares of GameStop, at prices ranging between $96.81-$108.82 per share - SEC Filings 

• Netflix will soon be releasing its first ever first-person shooter mobile game “Into the Dead 2: Unleashed” - Variety 

• Nvidia had their GTC Keynote, hosted by Jensen Huang, which you can listen to in full here. There where a lot of major headlines here are some:

  • Nvidia unveiled its new GPU H100 GPU made to handle AI work in data centers

  • Nvidia unveiled its new "EOS" supercomputer

  • Nvidia unveiled its new Grace Hopper CPU Superchip

• Nancy Pelosi reported exercising her Tesla call options that were set to expire - CongressTrading

Wednesday:

• Google said its partnering with developers to explore different implementations of user choice billing starting with Spotify - Google 

• Intel is reportedly in talks to acquire Israeli startup Granulate for ~$650 Million - Haaretz 

• Apple launched the first Driver's License & State ID in the Apple Wallet in Arizona - Apple 

• An official NFL game is coming to Meta Quest and PlayStation’s VR - The Verge 

• Amazon signed Al Michaels and Kirk Herbstreit to call Thursday Night Football games on Amazon Prime Video - WAPO

Thursday:

• Federal Marijuana Legalization Bill Officially Scheduled For House Floor Vote Next Week - Marijuana Moment 

• Senate Has Passed Bill To Expand Medical Research On Marijuana according to Bloomberg

• Apple Is working on a hardware subscription service for iPhones, iPads and other Apple hardware products - The Verge 

• Exxon is weighting taking its Gas to Bitcoin pilot to 4 countries - Bloomberg 

• AMC disclosed its stake in Hycroft Mining is currently 35.8% of the company - SEC filing 

• Uber reached an agreement to list all New York City taxis on its app - Tech Crunch

Friday:

• Bed Bath & Beyond has reached a settlement with Ryan Cohen after he disclosed owning a 9.8% stake in $BBBY, Cohen will receive 3 independent seats on Bed Bath & Beyond's board of directors - Bloomberg

• Apple paid another round of “rare” $200K bonuses to some engineers - 9To5Mac

Next Week

Macro Calendar:

Earnings Calendar:

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That's it for today — thanks for reading Rippers! Stay bullish, and we'll see you all in the next one 🔥 In the meantime, check out our weekly Twitter Spaces and give us a follow on Twitter!