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Category: Market Commentary


04/05/2024

NFP, JOLTS & Unemployment Numbers This Week

Nonfarm Payrolls Come In Hot Data from the Bureau of Labor Statistics released Friday showed the labor market added 303,000 nonfarm payroll jobs in March of 2024, nearly 50% higher than the 214,000 expected by economists. The jobs came mostly from the […]

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04/05/2024

Tesla Q1 2024 Deliveries Disappoint

Overview of Q1 Performance In the first quarter of 2024, Tesla reported a total of 386,810 vehicle deliveries, marking an 8.5% drop from the corresponding period in the previous year. This decrease came as a surprise to analysts, who had […]

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04/05/2024

Google Parent Alphabet Mulls HubSpot Acquisition

Deal Details Alphabet, the parent company of Google, is reportedly considering a significant move in the technology sector by exploring the possibility of acquiring HubSpot, an online marketing software company valued at $35 billion. Amid a landscape of heightened regulatory […]

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03/28/2024

Market Update Into April 1st: Q1 2024 Is In The Books

Quarter one of 2024 is officially behind us and indexes are looking stronger than ever, with both the SPY and QQQ closing within earshot of all-time highs for a second quarter in a row! With this impressive close came some […]

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03/28/2024

Amazon Completes $4B Investment In Anthropic

Amazon’s Big Investment Amazon recently finalized its $4 billion investment in Anthropic, signifying a major step forward in generative artificial intelligence (generative AI). This collaboration between Amazon and Anthropic promises to reshape industries globally. Transforming Generative AI Anthropic, with the […]

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03/28/2024

Understanding Economic Growth In 2023: Key Q4 2023 GDP Insights

Fourth Quarter GDP Highlights In the fourth quarter of 2023, real gross domestic product (GDP) increased at an annual rate of 3.4%. This ‘third’ estimate was released by the Bureau of Economic Analysis on Thursday, March 28th, and is based […]

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03/28/2024

Boeing CEO Announces Departure

Leadership Shake-Up at Boeing In a significant announcement, Boeing CEO Dave Calhoun revealed his plan to step down from his position by the end of 2024. This decision comes amidst a series of challenges faced by the company, including safety […]

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03/22/2024

Market Update Into March 25th: Rising Wedges and Bullish MACD Crosses

Despite the appearance of a weakening market last week, Jerome Powell’s dovish stance at the FOMC meeting on Wednesday reignited the bulls’ fervor, pushing both the SPY and the QQQ back to new all-time highs, once again. Though the FOMC […]

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03/22/2024

Chipotle’s 50-for-1 Stock Split, Explained

Understanding Stock Splits A stock split is a corporate action where a company increases its number of outstanding shares, thereby reducing the price per share while maintaining the overall value of shareholders’ holdings. Chipotle’s board has approved a significant 50-for-1 […]

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03/22/2024

Breaking Down the U.S. Lawsuit Against Apple: What You Need To Know

The Lawsuit Explained The U.S. Department of Justice, along with 16 states and the District of Columbia, has filed a significant antitrust lawsuit against Apple. The lawsuit alleges that Apple has violated antitrust laws by engaging in practices intended to […]

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