Snapchat+ GROWS 50%, Abbott POPS 5%, and what you might of missed in the market// Econ Recaps
Econ Recaps20 Apr 2023

Snapchat+ GROWS 50%, Abbott POPS 5%, and what you might of missed in the market// Econ Recaps

The S&P 500 didn't change much today, with most sectors closing down. Western Alliance bank's stocks went up 24% because they reported better earnings and higher deposits. Elevance and UnitedHealth stocks went down because they're having trouble collecting on Medicare claims. Snapchat+ has over 3 million subscribers, and Bed Bath & Beyond is preparing for bankruptcy. Mortgage applications are down, and Tesla's stocks fell because of lower profits. IBM missed revenue expectations, and Abbott had a great earnings call. Disney and Meta are both cutting jobs to save money.

Episoder(42)

Sunday Outlook: Wagner Group Invades Russia + Next Week's Events.

Sunday Outlook: Wagner Group Invades Russia + Next Week's Events.

Starting next week, we'll shift to creating helpful videos instead of daily recaps. Follow us on Twitter @Econrecaps for daily recaps. Prigozhin ordered the Wagner Group to take over Russian military ...

25 Jun 20234min

6/21 Recap: Elon and Zuckerberg FIGHT, Amazon PUMP, Tesla DUMP... what you need to know.

6/21 Recap: Elon and Zuckerberg FIGHT, Amazon PUMP, Tesla DUMP... what you need to know.

The S&P500 gained 0.37%, led by Amazon's 4.25% rise after investing $100 million in an AI center. Regional banks declined, and Tesla's rating was downgraded. Elon Musk and Mark Zuckerberg joked about ...

23 Jun 20236min

6/21 Recap: Tesla PLUMMETS, Amazon's FTC Complaint, Student Loan Payments Resume, Powell Speaks

6/21 Recap: Tesla PLUMMETS, Amazon's FTC Complaint, Student Loan Payments Resume, Powell Speaks

In this Econ Recaps video, we cover the market's decline, driven by Federal Reserve Chairman Jerome Powell's hawkish testimony. Tech stocks like AMD, Intel, Salesforce, and Qualcomm suffered losses, w...

22 Jun 20235min

6/20 Recap: Tesla Soars on Rivian Deal, OceanGate's Lost Submarine, Spotify Drops Meghan Markle!

6/20 Recap: Tesla Soars on Rivian Deal, OceanGate's Lost Submarine, Spotify Drops Meghan Markle!

In today's episode, we'll dive into the latest updates that rocked the financial world. Hold on tight as we discuss the S&P 500 taking a dip, but fear not, because Tesla is on fire with a game-changin...

21 Jun 20236min

6/17 Recap: Meta Platforms JUMPS, COVID Challenges Hotels | Latest News and Earnings Analysis

6/17 Recap: Meta Platforms JUMPS, COVID Challenges Hotels | Latest News and Earnings Analysis

Good evening investors! Today's market recap: S&P 500 gained 1.2% to $4,425.84. Meta Platforms received a boost, positioned to benefit from AI. Hotel chains faced COVID challenges. Initial jobless cla...

16 Jun 20236min

6/14: Fed Holds Rates, Tech Sector Soars, UnitedHealth Stumbles, Tesla's Expansion Plans

6/14: Fed Holds Rates, Tech Sector Soars, UnitedHealth Stumbles, Tesla's Expansion Plans

Fed maintains interest rates, tech stocks surge, UnitedHealth faces challenges, Tesla expands in China and France, music companies sue Twitter, fruit recall due to Hepatitis A concern, New Zealand ent...

15 Jun 20237min

6/13: Trump Indicted on 37 Classified Document Charges! Market Surges on Low Inflation and China's Rate Cut!

6/13: Trump Indicted on 37 Classified Document Charges! Market Surges on Low Inflation and China's Rate Cut!

In today's recap, the market closed higher as the S&P 500 saw positive sector performance and low inflation rates. Commodity companies benefited from China's rate cut, while Comerica announced plans t...

14 Jun 20238min

6/8 Recap: Trump Indictment Part 2, Electric Boogaloo!

6/8 Recap: Trump Indictment Part 2, Electric Boogaloo!

In today's recap, jobless claims showed mixed results, but the market remained mostly positive. Tesla's stock rose due to plans for expanding its charging network, while Warner Brothers made significa...

9 Jun 20236min

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