HaiKhuu Weekly Recap & Analysis
February 17 - February 21, 2025
MAJOR EVENTS OF LAST WEEK
Highlights:
Netflix is planning to pursue a Sunday NFL package following its successful Christmas Day debut last season
Energy drink maker Celsius is paying $1.8 Billion to buy rival Alani Nu
Rivian will recall 17, 260 vehicles in U.S. over headlight issue
Department of Justice investigates Medicare billing practices at UnitedHealth
Major Indices’ Weekly Movement:
S&P 500: -1.62%
Nasdaq: -1.84%
Dow Jones: -2.90%
Monday, February 17
Stock Related News:
Markets Closed - President’s Day
Tuesday, February 18
Stock Related News:
Fed President Daly:
The economy is in a good place
Ford is eliminating top award bonuses for 50% of its middle managers
Shift4 Payments has struck a deal for Global Blue Group, a tax-free shopping services provider
Netflix is planning to pursue a Sunday NFL package following its successful Christmas Day debut last season
Nvidia-backed robotics startup field AI is in talks to raise hundreds of millions at a $2 billion valuation
Economic News:
Empire State Manufacturing Survey:
(Previous -12.6, Actual 5.7)
Home Builder Confidence Index:
(Previous 47, Actual 42)
Major Indices:
S&P 500: +0.29%
Nasdaq: +0.23%
Dow Jones: +0.03%
Wednesday, February 19
Stock Related News:
Elon Musk owned X is reportedly in talks to raise money from investors at a $44 billion valuation, the same price that Musk paid for the company in 2022
Deepseek is reportedly considering raising outside money for the first time
Hims & Hers to offer at-home blood draws and lab testing with new acquisition
The Trump Administration to get rid of New York City’s congestion pricing
Forever 21 has been in talks with liquidators, a sign that it’s struggling to find a buyer for its business as it considers a second bankruptcy filing
The IRS is set to begin laying off 6,000 employees on Thursday
President Trump:
Under consideration giving 20% of DOGE savings to Americans and 20% to paying down debt
Not happy with Boeing on Air Force One; could buy used plane, or plane from other country
Economic News:
Housing Starts:
(Previous 1.5M, Actual 1.37M)
Building Permits:
(Previous 1.48M, Actual 1.48M)
Major Indices:
S&P 500: +0.24%
Nasdaq: +0.03%
Dow Jones: +0.17%
Thursday, February 20
Stock Related News:
Boeing CEO just said Elon Musk is ‘helping us a lot’ on Air Force One
Affirm expands Shopify partnership, becoming exclusive installment checkout option in US and Canada
Apple’s iPhone 16E is expected to account for 10% of its 2025 units sold
Meta moves to commercialize open-source AI, aims to make Llama industry standard
Energy drink maker Celsius is paying $1.8 Billion to buy rival Alani Nu
Google owned Youtube plans lower-priced, ad-free version of paid video tier
Major League Baseball and Disney owned ESPN are ending their broadcast relationship that goes back to the 90s
Economic News:
Initial Jobless Claims:
(Previous 214k, Actual 219k)
Major Indices:
S&P 500: -0.42%
Nasdaq: -0.42%
Dow Jones: -0.96%
Friday, February 21
Stock Related News:
Coinbase:
SEC staff agrees in principle to dismiss enforcement case
Rivian will recall 17, 260 vehicles in U.S. over headlight issue
Hims & Hers acquires US-based peptide facility
Apple plans to replace Qualcomm modems int he rest of its iPhones with Apple modems
President Trump:
Eyes tariffs to counter digital taxes halted by big tech
Department of Justice investigates Medicare billing practices at UnitedHealth
Spirit Airlines confirmed that a federal court has approved its reorganization plan and will emerge from bankruptcy protection in the coming weeks
Economic News:
Services PMI:
(Previous 52.9, Actual 49.7)
Manufacturing PMI:
(Previous 51.8, Actual 53.8)
Consumer Sentiment:
(Previous 67.8, Actual 64.7)
Major Indices:
S&P 500: -1.71%
Nasdaq: -2.06%
Dow Jones: -1.71%
