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📉 #Boeing's rough start to 2024: Stock plummets 26%
From a preliminary federal investigation revealing potential oversights in aircraft construction to safety issues, Boeing's reputation took a blow
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💥Year to date, Apple shares declined 12%
#Apple nears sixth consecutive day of decline. Over this losing streak, the stock has fallen by 7.3%. Year to date, Apple shares have seen a 12% decline
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‼️📈 $Gold prices surged to a record high of $2,163.10
In contrast, spot $silver fell 0.4% to $24.08 per ounce, while platinum dipped 0.3% to $904.83 per ounce, and palladium slipped 1.5% to $1,026.80 per ounce after surging 12%
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🏆S&P 500 stocks hit record highs in 2024
26% of all S&P 500 components, totaling 126 stocks, have achieved at least one record high so far in 2024
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#Ethereum's $ETHER $ETH native crypto has reached new heights, hovering around $3,385. This surge, a record level in 22 months, although still shy of its all-time high of $4,721.07
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🔴Reddit files for IPO
If all goes as planned, #Reddit could hit public market on the #NYSE in the coming weeks, trading under the symbol $RDDT. Analysts suggest that Reddit's bankers are eyeing a valuation of at least $5B for its #IPO
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🚨#BreakingNews: Palo Alto Networks faces biggest drop in 7 years
#PaloAlto saw a 22% plunge in premarket trading following a revision in its annual revenue forecast, hinting at a potential pullback in tech spending by customers
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#Bitcoin surpassed $1 trillion in market cap, the first time since November 2021
#BTCUSD surged to 25month high, reaching $52,079, driven by inflows into spot #BitcoinETFs#BTC gained 22% since the beginning of February
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🪶📈 #Robinhood surged 13.4% on earnings
Earnings of 3 cents per share, a significant rise from a loss of 19 cents per share a year ago, revenue increased 24% annually to $471 million
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🚀#SP500 reached a new high, inching closer to the historic mark 5,000, driven by positive sentiment around earnings reports
• #Alibaba dipped more than 5%
• #Snap plummeted 34%
• #Disney surged 6%
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💥#Palantir reported its first profitable year, stocks surged 19%
Palantir`s 2024 profit outlook exceeded #WallStreet's estimates on the back of strong demand for its #AI offerings
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👟📉#Adidas plunged 9% on earnings
The company expects its operating profit to reach €500 million in 2024, which is less than half of the analyst estimate of €1.27B
Adidas experienced a €1 billion currency impact in 2023
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📈 #Meta announced its first-ever dividend of $0.50 per share: $META stocks surge 15%
Daily active users on #Facebook grew 6% YoY to 2.1 billion, while the family of apps reached 3.19 billion daily active people in December
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🛢️ $Oil surges 7% in January: what's driving oil prices?
Ongoing geopolitical tensions, including the #MiddleEast, are supporting oil prices. $Brent was near $82 a barrel after jumping 3%
Are you following #oil market closely? Watch more insights on https://t.co/wewndwk2Tp 🦉
🚗 Tesla faces earnings setback: $TSLA stocks dropped 6%
#Tesla reported Q4 revenue of $25.17 billion, a 3% increase YoY
Adjusted EPS of $0.71, a 40% decline
Stay tuned for how EV landscape will change in 2024. Watch more insights on https://t.co/wewndwk2Tp 🦉
🚀💻 Semiconductor giants AMD and Nvidia surge on AI demand
#Nvidia stock rose 3% to $563.65, reaching a new record high
#AMD's shares surged 7.5% to $157.57, marking their highest in over 2 years
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🔥#Microsoft surpasses #Apple as global leader
Microsoft's market cap reached $2.887 trln, a new high, while $Apple's market cap was $2.875 trln as of Friday's close
Market capitalization is a key indicator of a company's value. Watch more insights on https://t.co/wewndwk2Tp 🦉
🏦 JPMorgan Chase $JPM, Bank of America $BAC, Wells Fargo $WFC all reported their Q3 earnings impacting Wall Street:
➡️#DowJones ticked up 0.1%, or 50 points
➡️#SP500 gained 0.4%
➡️#Nasdaq advanced 0.3%
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📱📉#Samsung profit declines 35%: 6th consecutive quarter of declines
#Traders will be keen to hear Samsung's longer-term investment plans, particularly in #AI, when it releases its full results on January 31
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📉#Fintech SoFi Technologies plunged 13.5%
#SoFi shares, which more than doubled in 2023 from $5 to over $10 per share, started 2024 plunging. After dropping 3% on Jan.2, $SOFI declined additional 13.5% by Jan.4
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