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📰 Market Headlines
Markets nosedived last week, hitting six-month lows as tariff panic and recession worries rattled confidence.
Last week, the S&P 500 tumbled 2.3%, the Dow dropped 3%, and the Nasdaq fell 2.4%
The Senate passed a six-month funding bill to avert a government shutdown, with a 54-46 vote sending it to President Trump's desk.
Fast-fashion retailer Forever 21's US operating company filed for Chapter 11 bankruptcy, hamstrung by dwindling mall traffic and competition from online retailers.
Intel $INTC ( ▼ 0.32% ) named Lip-Bu Tan as CEO, offering him a $66 million package in stock options and grants.
Severe weather caused widespread destruction across multiple states, with at least 35 deaths reported.
🫘 Alternative investing news
How a perfect storm of climate change, supply shocks, and speculation made coffee a hot commodity — and how to trade it.
📊 Ideas, trends, and analysis
Even after the recent mega drop, Tesla’s P/E ratio sits at 129 - way higher than rest of the magnificent 7.
If Tesla were valued at the group’s average P/E of 31, its stock price would be $63/share
🧠 Make yourself heard
Which Magnificent 7 stock will perform the best over the next 5 years? |
😱 Fear and Greed Index
Join over 4 million Americans who start their day with 1440 – your daily digest for unbiased, fact-centric news. From politics to sports, we cover it all by analyzing over 100 sources. Our concise, 5-minute read lands in your inbox each morning at no cost. Experience news without the noise; let 1440 help you make up your own mind. Sign up now and invite your friends and family to be part of the informed.
📊 Earnings this week
Market movers
Baidu launched two new AI models, Ernie X1 and 4.5, claiming performance matching OpenAI at just 1% of the cost.
OpenAI and Musk agreed to fast-track their trial over the company's for-profit shift to this autumn.
T-Mobile is raising rates by $5 per line for legacy plan customers starting in April.
Health Canada eased regulations for cannabis operators, expanding micro-cultivator limits from 200 to 800 square meters.
📊 Crypto
Russia was revealed to be using crypto for oil trades with China and India.
VanEck filed for the first spot Avalanche ETF with the SEC, expanding beyond Bitcoin and Ethereum products.
🌍 Global Perspectives
🇺🇦 🇷🇺 Ukrainian forces have retreated from most of Russia's Kursk region.
🇺🇸 🇾🇪 US airstrikes successfully took out multiple Houthi leaders in Yemen.
🇲🇰 A devastating nightclub fire killed 59 people in North Macedonia.
🇦🇺 An American influencer was deported from Australia after snatching a baby wombat from its mother.
🎤 What you said last time
🧠 Miscellanea
Alaska's Mount Spurr is showing signs of imminent eruption.
Apple's AI transcription service went rogue, asking a 66-year-old grandmother about her sex life.
Couples are now getting bathroom divorces - separate toilets for marital bliss.
📺 What to Watch Today
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Or find me in the Alts Community.
Cheers,
Wyatt
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