Hey everyone,
Some of you have asked if Stocks & Income can be sent earlier in the day.
The answer is yes .
We'll be back to our usual early publishing time on Monday . ☀️
Take advantage of upcoming supply and demand imbalance in Texas Did you know that over half a million people have moved to Texas since the summer of 2021 — yet multifamily construction starts are down more than 70% across the state in 2023?
This will create a supply and demand imbalance that to us, as investors, can mean only one thing — opportunity .
BV Capital is a real estate private equity company that specializes in ground-up multifamily construction deals in the state of Texas. A vertically integrated company, utilizing BV’s in-house construction team has allowed for historical returns beyond those of traditional value-add investments.
If you are an accredited investor and want to learn more about multifamily development opportunities in Texas, one of the nation’s fastest-growing states, visit bvcapitaltx.com .
Learn more about what's open now and what’s coming next for BV Investors.
Sold to accredited investors via a private placement memorandum and past results do not guarantee future returns.
📰 Market Headlines *past 24-hour performance
The S&P 500 hit record highs , with the NASDAQ jumping 1.6%. Tech stocks led a rally on Wall Street with strong earnings from Oracle and a surge from Nvidia. Oil prices rose following a surprise drop in U.S. inventories and OPEC's demand outlook for 2024 and 2025. Another Boeing airplane made an emergency landing at LAX. Gold prices slid 2% from record highs after the inflation report. The GBP/USD remained rangebound awaiting U.S. Retail Sales and PPI figures. 🕶️ Market Vibes 🎰 Forecasts and Futures Forecasts via Kalshi , the prediction market.
😱 Fear and Greed Index What do you think? Which company is having a worse year?
🚗 Tesla: A car crash with zero growth 🛬 Boeing: Shares are crashing and burning
🎤 What you said last time What is the correct step one?
It's too close to call between South Park and SNL. Thanks for playing.
📈 Trends you need to know Two very different companies having two very different years.
📊 Stocks Want to invest like Buffet? With Public.com , you can emulate Berkshire Hathaway’s portfolio with just a few clicks.
Winners and losers Earnings, upgrades, and acquisitions Reliance Industries acquired Paramount Global's 13.01% stake in Viacom18 for approximately $517 million. Robinhood reported a 16% increase in assets under custody, pushing its stock up 8% in after-hours trading. Campbell Soup completed its acquisition of Sovos Brands for $2.7 billion. SentinelOne offered underwhelming full-year guidance, leading to 10% drop in after-hours trading. GigaCloud Technology shares jumped 19.5% ahead of Q4 earnings report. Williams-Sonoma reported better-than-expected Q4 earnings, propelling its stock up 18.67%. Vera Bradley stock dropped 12.7% after issuing FY 2025 earning guidance. Market movers Tesla shares dropped 4.1% due to sales slump, predicting zero growth this year. JPMorgan hired former Global X CIO to lead ETF strategy. EV startup Fisker hired restructuring advisers as they prepare for possible bankruptcy. Palantir CEO Alex Karp's pro-Israel stance lead to mass employee exits. UnitedHealth faces class action lawsuits over a data breach with at least six suits filed. AMD's rally appears more fragile than Nvidia's, with concerns over high valuation. Ideas, trends, and analysis Americans are saving for retirement at record rates, with 43% increasing their 401(k) contributions last year. The FTC is refunding $4.1 million to victims of student loan forgiveness scams. Auto insurance rates soared by 20.6% year over year as of February. Franchised auto dealers reported shrinking profits with a sentiment index score of 49. The tech industry's layoff trend continues into 2024, with significant recent cuts from major companies like IBM, Audible, and Twitch. Economists are suddenly praising Canada's economy , as Canadians’ household net worth rose 1.8 percent to $16.4 trillion in Q4. 🌍 Global Perspectives 🇮🇹🇨🇳 Italy is in talks with China's Chery Auto to establish Chery's first European manufacturing presence. 🇯🇵 The Bank of Japan is meeting next week and could see the first interest rate hike in 14 years. 🇺🇦 Ukraine struck oil refineries deep inside Russia, intensifying cross-border attacks. 🇷🇺 Putin stated Russia is ready to use nuclear weapons if the state's existence is threatened. 🇬🇧 The UK's economy grew in January after a shallow recession in the latter half of 2023. 🇪🇺 European missile makers booked record orders in 2023 as European nations rush to enhance air defenses. 🇭🇹 The US dispatched an anti-terrorism Marine unit to protect the embassy in Haiti following the Prime Minister's resignation. If you want a primer on why things in Haiti are so awful, check out this tweet:
💵 Income Yields continue to surge. February's dividend portfolio hits a new record with $643 in income and 19 strategic buys. ⚡ Crypto The SEC ordered First Trust-SkyBridge to declare its Bitcoin ETF application abandoned. Visa and Mastercard's crypto initiatives aim to drive broader adoption through reward programs. Solana memecoin dogwifhat will light up Las Vegas's skyline after a successful $650,000 community fundraising campaign. 🧠 Errata Palantir CEO called short sellers cocaine addicts who "love pulling down great American companies." African cocoa plants running dry have caused a chocolate supply crisis , signaling a bitter future for sweet lovers. A newly identified ancient shark species, Cosmoselachus mehlingi , reminds us the ocean is terrifying. Louisiana's 'Cancer Alley' reported disease rates up to seven times the national average. A detailed map of the developing human heart unveiled never-before-seen cells even my ex can't deny exist. Science now shows that playing with dogs keeps you sharp.
📺 What to Watch Today India's battle over butter chicken lands in court
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Cheers, Wyatt