HaiKhuu Weekly Recap & Analysis
February 24 - February 28, 2025
MAJOR EVENTS OF LAST WEEK
Highlights:
President Trump’s meeting with Ukraine’s President Volodymyr Zelensky breaks into an argument in the Oval Office
President Trump kicked President Zelensky out of the oval office
President Trump:
Tariffs on Canada and Mexico will go into effect March 4th as scheduled, China will be charged an additional 10% tariff also starting on March 4th
SEC closed investigation into Robinhood Crypto without taking action
Google signed a $2.5 Billion cloud deal over the next 7 years with Salesforce who has so far mostly just relied on AWS cloud servers
Major Indices’ Weekly Movement:
S&P 500: -1.30%
Nasdaq: -3.74%
Dow Jones: +0.59%
Monday, February 24
Stock Related News:
Apple confirmed plans to invest more than $500 Billion in the United States over the next 4 years
SEC closed investigation into Robinhood Crypto without taking action
Google signed a $2.5 Billion cloud deal over the next 7 years with Salesforce who has so far mostly just relied on AWS cloud servers
Apple confirmed that mass production of its chips began at Taiwan Semiconductor’s brand new plant in Arizona
Starbucks will cut 1,100 corporate jobs worldwide, while also not filling several hundred open positions
Medtronic earns FDA approval for the world’s first adaptive deep brain simulation system for people with Parkinson’s
Manchester United to cut 250 more jobs in attempt to stem losses
SEC plans to cut regional directors under cost scrutiny from Trump Administration
Economic News:
No News Scheduled
Major Indices:
S&P 500: -0.46%
Nasdaq: -1.18%
Dow Jones: +0.03%
Tuesday, February 25
Stock Related News:
Microsoft has started testing a free version of its Office suite products for Windows that includes ads
President Trump:
Says he will “begin a program to sell Trump gold cards for $5 million for foreigners who want to come into U.S. and create jobs
It’s possible Russian oligarchs could qualify for Trump gold cards
Chinese companies are ramping up order for Nvidia’s H20 artificial intelligence chip due to booming demand for DeepSeek’s low-cost AI models
Apple is reportedly finalizing its component suppliers for its foldable iPhone, with the selection process expected to be completed by April
Cisco expands partnership with Nvidia to accelerate AI adoption in the enterprise
Federally owned buildings across the United States have been ordered to shut off Electric Vehicle charges, and that they are no longer considered “mission critical”
Apple shareholders have rejected outside proposals to abolish the company’s DEI efforts
Economic News:
Consumer Confidence:
(Previous 105.3, Actual 98.3)
Major Indices:
S&P 500: -0.50%
Nasdaq: -1.26%
Dow Jones: +0.03%
Wednesday, February 26
Stock Related News:
Apple reached a plan with Indonesia to end iPhone sales ban
Eli Lilly plans to spend $27 Billion to build four new manufacturing plants in the United States
UK targets increased US trade despite Trump tariffs threat
Elon Musk:
“If we don’t cut spending, America will go bankrupt
Risks bankruptcy without spending cuts
Nvidia:
The initial Blackwell ramp had delays but is now fully recovered, ultra on track for 2H 2025
Gross margin will improve and return to mid-70% range later this fiscal year
Economic News:
New Home Sales:
(Previous 734k, Actual 657k)
Major Indices:
S&P 500: +0.05%
Nasdaq: +0.24%
Dow Jones: -0.41%
Thursday, February 27
Stock Related News:
Meta is reportedly considering launching a separate standalone app for its short-form Reels videos
Amazon revealed its first chip for Quantum Computing, and said the design is a step toward building efficient high-scale systems
President Trump:
Tariffs on Canada and Mexico will go into effect March 4th as scheduled, China will be charged an additional 10% tariff also starting on March 4th
Rocket Lab announces Flatellite: a new satellite designed for mass manufacture and tailored for large constellations
Google announced layoffs in its HR, cloud unit as part of on-going cost cuts
Economic News:
Initial Jobless Claims:
(Previous 220k, Actual 242k)
Durable-Goods Orders:
(Previous -2.2%, Actual 3.1%)
GDP:
(Previous 2.3%, Previous 2.3%)
Pending Home Sales:
(Previous -5.5%, Actual -4.9%)
Major Indices:
S&P 500: -1.60%
Nasdaq: -2.78%
Dow Jones: -0.46%
Friday, February 28
Stock Related News:
Intel delays its Ohio chip factory to 2030
Apple announced its working with the National Hockey League to give on-ice referees Apple Watches with an app to help officiate games
Microsoft announced after 21 years that it will officially cut down SKYPE in May
SpaceX is targeting Monday for Starship’s 8th test flight
President Trump’s meeting with Ukraine’s President Volodymyr Zelensky breaks into an argument in the Oval Office
President Trump kicked President Zelensky out of the oval office
Amazon plans global expansion for haul, its rival to Temu
Economic News:
Personal Income:
(Previous 0.4%, Actual 0.9%)
Personal Spending:
(Previous 0.7%, Actual -0.2%)
PCE Index:
(Previous 0.3%, Actual 0.3%)
Major Indices:
S&P 500: +1.56%
Nasdaq: +1.56%
Dow Jones: +1.39%
