| | | Yellowbrick: Discover Profitable Stock Investments | Copy the trades of the world's best investors. | Yellowbrick is the best way to discover your next stock investment by collecting, summarizing, and tracking thousands of stock pitches from various sources. | | How it works: | Data collection: Tracks stock pitches from blogs, newsletters, podcasts, Twitter accounts, fund letters, and analyst reports. AI and expert summaries: Uses AI to summarize pitches and add company details, price targets, sentiment, and tickers. Performance tracking: Monitors the returns of stock pitches to identify the best-performing investors Real-time stock pitch feed: Access stock pitches from the most profitable investors. Copy the trades of the top 10. Get pitches from top investment funds. Leaderboards: See the most profitable investors and stock pitches. | Join Yellowbrick Today Visit Yellowbrick Investing to find your next great stock investment and learn more about our free and premium services. | | | 📰 Market Headlines | | Tech stocks plummeted as Alphabet and Tesla's earnings disappoint, sparking broad market sell-off. The Nasdaq tumbled 3.6%, marking its worst day since October 2022, while the S&P 500 fell over 2%. The "Magnificent 7" tech stocks lost a record $750 billion in market cap, with Tesla shares dropping more than 12%. CrowdStrike blamed a bug in its quality control process for last week's global tech outage, crashing millions of Windows computers. Boeing agreed to plead guilty to a felony fraud charge related to the 737 Max crashes and pay a $243.6 million fine. The NBA rejected Warner Bros. Discovery's $1.8 billion offer to continue airing games, instead entering a deal with Amazon Prime Video. |
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| | 🕶️ Market Vibes | 🎰 Market Forecasts and Futures | Forecasts via Kalshi, the prediction market. | | 😱 Fear and Greed Index | | | 🎤 What you said last time | | 📈 Trends you need to know | | Inventory is up, sales are down. Only one direction prices can go from here. |
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| | 🧠 What do you think? | Boeing was found guilty of felonious fraud. | Should Boeing Execs See Jail Time? | | | 📊 Stocks | | | Winners and losers | Earnings, upgrades, and acquisitions | IBM rose 4% after beating Q2 revenue estimates. AT&T exceeded expectations for Q2; shares rose 4.8%. Viking Therapeutics beat the analyst estimate by 25.93%; shares jumped 18%. Chipotle surpassed Q2 sales estimates, skyrocketing shares 15%. Ford reported a dip in Q2 adjusted profit, dropping stock price 12%. Waste Management fell 0.6% after missing Q2 earnings estimates. | Market movers | Apple Maps launched a web version to compete with Google Maps, accessible via Safari, Chrome, and Edge. Lyft settled a lawsuit over driver assaults, agreeing to safety reforms and a $700,000 payment for legal fees. Informa agreed to buy Ascential, owner of Cannes Lions, for $1.6 billion, boosting Ascential shares by 26%. Astranis secured $200 million in Series D funding to build its Omega satellite constellation, aiming for 24 satellites annually by 2025. | Ideas, trends, and analysis |
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| The US economy showed a Goldilocks scenario in July, with fast-growing business activity and subsiding inflation. New home sales dropped to a seven-month low in June, down 7.4% year-over-year due to high mortgage rates. US wind power production hit a 33-month low, increasing natural gas usage to meet summer demand. The US goods trade deficit narrowed 2.5% in June as exports rebounded 2.5% and imports rose 0.7%. |
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| | | | 🌍 Global Perspectives | 🇧🇩 Bangladesh lifted curfews as factories, banks, and offices reopened after protests over job quotas killed nearly 150 people. 🇬🇧🇩🇪 The UK and Germany signed a defense pact, pledging closer cooperation on defense industries and support for Ukraine. 🇳🇿 A New Zealand inquiry revealed that 200,000 children and vulnerable adults were abused in state and religious care over seven decades. 🇯🇵🇨🇳 Honda plans to cut gasoline car production in China by one-third amid declining sales of Japanese cars. 🇺🇦 Ukraine's military deployed extensive drone-jamming equipment along the front lines. |
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| | | | | | 📺 What to Watch Today | I didn’t realize sharks were chill like that. | | “What The HECK?!” | Brazilian Sharks Test Positive For Cocaine |
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| That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
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