6/20 Recap: Tesla Soars on Rivian Deal, OceanGate's Lost Submarine, Spotify Drops Meghan Markle!
Econ Recaps21 Jun 2023

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-changing deal with Rivian! We'll also explore Intel's bold move in Germany and the unfortunate incident involving OceanGate's lost submarine. And that's not all! We'll cover the Johnsonville recall, the leadership shake-up at Alibaba, Paypal's lucrative loan sale, Spotify's surprising decision about Meghan Markle, FedEx's revenue miss, and La Z Boy's impressive earnings beat. Oh, and let's not forget to peek into the upcoming earnings report of Winnebago. Buckle up, folks, because this episode is jam-packed with all the market buzz you need to stay in the know! Don't forget to hit that like button and subscribe to Econ Recaps for more thrilling updates. Let's get started! Cheers!

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

6/17 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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