6/4 Outlook: Saudi Arabia & OPEC+ CUTS Production! And The Week Ahead In The Markets
Econ Recaps5 Jun 2023

6/4 Outlook: Saudi Arabia & OPEC+ CUTS Production! And The Week Ahead In The Markets

In the latest Econ Recaps, OPEC+ announced a production cut, which may stimulate inflation. President Biden signed a bill suspending the debt limit, allowing the Treasury Department to issue debt. Apple's Worldwide Developers Conference will feature new releases and a mixed reality headset. Several companies will report earnings, reflecting AI adoption and changes in consumer spending. Campbell Soup, Smuckers, and NIO will present their quarterly reports. Economic data includes the ISMs Services PMI for May and the FOMC meeting on the federal funds rate. Stay tuned for more updates in tomorrow's episode.

Episoder(42)

Massive Tesla DATA BREACH!! Weekly Market Recap// May 26th

Massive Tesla DATA BREACH!! Weekly Market Recap// May 26th

In the stock market, the S&P 500 went up, driven by technology and consumer companies. Tesla had mixed news, becoming the top-selling car in Europe but also facing a data leak issue. They partnered wi...

27 Mai 20237min

NVIDIA Adds 184 BILLION in MARKET CAP! What You May Have Missed...//May 25th Recap

NVIDIA Adds 184 BILLION in MARKET CAP! What You May Have Missed...//May 25th Recap

Good evening investors! We provide daily recaps to keep you updated on the market. Today, the S&P 500 closed slightly higher, while energy and technology sectors had notable performance. Nvidia's stro...

26 Mai 20236min

NVIDIA reaches ATH! Fitch Might DOWNGRADE the USA//May 24th Recap

NVIDIA reaches ATH! Fitch Might DOWNGRADE the USA//May 24th Recap

"Good evening investors! Welcome back to our daily market recap. The S&P 500 closed slightly down, with real estate stocks performing poorly. Nvidia had a great day, while Analog Devices struggled des...

25 Mai 20237min

Market TANKS on NEW Covid Variant, what you missed in the markets// May 23rd Recap

Market TANKS on NEW Covid Variant, what you missed in the markets// May 23rd Recap

Good evening, investors! Here's a quick recap of today's stock market: The S&P 500 closed down by 1.12% at $4,145.58. Exxon Mobil and Chevron were up, with Chevron announcing a deal to buy PDC Energy....

24 Mai 20237min

META JUMPS 3% after being charged 1.3 billion dollars...//May 22nd Recap

META JUMPS 3% after being charged 1.3 billion dollars...//May 22nd Recap

In the market recap, the S&P 500 closed nearly flat. Consumer staples declined while Match Group and Pfizer saw stock price increases. TikTok sued Montana, Meta Platforms faced a $1.3 billion charge, ...

23 Mai 20236min

China BANS Micron!! And what you need to know this week...//Weekly outlook

China BANS Micron!! And what you need to know this week...//Weekly outlook

Welcome back to Econ Recaps! In recent news, major banks are closing physical branches due to the rise of online banking. The White House warns of the consequences if the debt ceiling isn't raised by ...

21 Mai 20233min

Tucker moves to Twitter, UPSTART up 42%, what you might have missed//May 9th

Tucker moves to Twitter, UPSTART up 42%, what you might have missed//May 9th

In this video, we provide a daily recap of the stock market. The S&P 500 closed down slightly, and 9 out of 11 sectors were down, with materials being the worst performer. We also discuss other news, ...

21 Mai 20235min

Palantir UP and Tyson Foods Down! Market News and What You Missed// May 8th Recap

Palantir UP and Tyson Foods Down! Market News and What You Missed// May 8th Recap

The S&P 500 closed up slightly, led by gains in the communication services sector due to positive news from Alphabet and Warner Brothers. The real estate sector struggled due to fears of credit tighte...

9 Mai 20235min

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