#MoneyMoves

What Happened This Week 6/21/2019

What Happened This Week 6/21/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  Walmart Inc. (WMT +0.77%) agreed to pay $282 million to resolve years-long criminal and regulatory investigations into whether it paid bribes around the world, agreeing that it had lax policies in place to catch potential corruption.  The Dow Jones Industrial Average briefly charted near record territory on Friday before turning negative in the last half-hour of trading. For the week, all […]

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What Happened This Week 6/7/2019

What Happened This Week 6/7/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  FedEx (FDX) didn’t renew its U.S. air-delivery contract with Amazon (AMZN) citing that their new focus will be on “serving the broader e-commerce market” in which US package volume from online shopping is expected to double by 2026.  Boeing Co (BA) knew about a defective warning light on its 737 MAX jetliner since 2017but decided to defer fixing it until […]

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What Happened This Week 5/31/2019

What Happened This Week 5/31/2019

WHAT HAPPENED LAST WEEK? ⚡️ Fast Facts ⚡️  U.S. Government Bonds rally as the U.S. dollar exhibits strength in the midst of escalating global trade tensions that are raising the demand for safer assets.  Uber Technologies Inc. (UBER) losses topped $1 billion in its first quarterly report as a publicly traded company illustrating the impact of continued heavy spending to fend off ride-hailing and delivery competitors.  Another mass shooting… A mourning Virginia Beach, […]

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What Happened This Week 4/26/2019

What Happened This Week 4/26/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  First quarter US GDP grew at 3.2%, the Bureau of Economic Analysis announced on Friday, beating expectations and topping 3% in the first quarter for the first time since 2015.  The White House is considering conceding the protection of pharmaceuticals in trade talks with China. US and Chinese trade leaders will meet in Beijing next week to continue the ongoing conversation. […]

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What Happened This Week 4/19/2019

What Happened This Week 4/19/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  Pinterest (PINS) opened its IPO at $19 before climbing 28% during its first official day of trading on Thursday. ‍⚖️ Investors are suing Lyft (LYFT) for overstating its market position in the lead up to its IPO on March 29th of this year.  Millions of Instagram users’ passwords were exposed in plain text, Facebook (FB) Vice President of Engineering Pedro Canahuati […]

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What Happened This Week 4/12/2019

What Happened This Week 4/12/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🍿Disney (DIS) announced its upcoming streaming service, Disney+, will open in November 2019 on Friday. The company’s stock rose 10% following the news while its $6.99 competitive price tag sent Netflix’s (NFLX) stock down 4%.   🇬🇧The European Union extended the UK’s Brexit deadline to October 31 on Thursday.   📈Economists expect price inflation to increase to 0.4% […]

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What Happened This Week 4/5/2019

What Happened This Week 4/5/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🎬The Department of Justice warned the Academy against excluding Netflix (NFLX) from its award ceremonies on Wednesday, adding greater validity to the lead streaming service’s original content.   📉Tesla (TSLA) announced lower than expected delivery and production numbers in the first quarter of 2019 on Thursday. The company’s stock was down 10% pre-market.   📈Bitcoin surpassed $5,000 this […]

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What Happened This Week 3/29/2019

What Happened This Week 3/29/2019

WHAT HAPPENED THIS WEEK?   Fast Facts 🤝Treasury Secretary Steve Mnuchin announced that trade talks with China are “very productive” and the two sides are simply working out the language translations in each country’s report. The nearly year-long trade war seems to be approaching an end.   🇬🇧UK Prime Minister Theresa May announced she will resign after Brexit concludes on Wednesday. The news follows more […]

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What Happened This Week 3/22/2019

What Happened This Week 3/22/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️ 🇨🇳 Chinese tariffs will not be lifted until Beijing shows proof of compliance with any trade deal agreed upon, President Donald Trump announced on Tuesday, causing investors to worry that this trade war is more aptly described as a ‘trust’ war between the two nations.  Crude oil to reached its highest level in 4 months, surpassing $60 for the first time since […]

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What Happened This Week 3/15/2019

What Happened This Week 3/15/2019

WHAT HAPPENED THIS WEEK?   Fast Facts ✈️Another one of Boeing’s (BA) 737 Max model crashed this weekend in Ethiopia, killing all 157 passengers. Boeing stock fell 10% pre-market on Monday and continued to fall throughout the week as nearly all major countries, including the US, called for the specific model to be grounded indefinitely following its 2nd major crash in the past 6 months. […]

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