๐Ÿ“ˆ Sep 14 โ€” Daily Stock Market Headlines ๐Ÿš€

Most important news at a glance for busy investors

from Finviz.com

Macro

๐ŸŽ™๏ธ S&P 500 +0.34% Nasdaq +0.74% โžก๏ธ Stocks rebounded today after the worst day since 2020 due to the hot CPI report.

Industry

๐ŸŽ™๏ธ Crypto โžก๏ธ Ethereum price outpaces Bitcoin with its merge process coming

  • ๐Ÿ”ธ The merge process would reduce Ethereum energy consumption by 99%

๐ŸŽ™๏ธ EV โžก๏ธ Biden announced the approval of $900M funding for EV charging infrastructure

  • ๐Ÿ”ธ The funding is part of the $1T infrastructure law approved in 2021

Stock

๐ŸŽ™๏ธ Twilio (TWLO) โžก๏ธ Twilio announced to layoff 11% of the workforce

  • ๐Ÿ”ธ It has also reaffirmed third-quarter guidance.

๐ŸŽ™๏ธ Netflix (NFLX) โžก๏ธ Netflix estimated that its ad-supported tier would reach 40M viewers by 2023Q3. Currently, Netflix has 220M subscribers

๐ŸŽ™๏ธ Tesla (TSLA) โžก๏ธ Teslaโ€™s Gigafactory expansion in Germany has been delayed indefinitely

  • ๐Ÿ”ธ City committee has removed the voting plan from the committee agenda
  • ๐Ÿ”ธ Expansion plan could be paused by Tesla itself due to falling demand

This Week Watchlist

  • Thursday: Adobe ER

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