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- RYSE | March 20th, 2024
RYSE | March 20th, 2024
Today's insights are courtesy of RYSE. Invest in the future of Smart Shades with RYSE.
Learn More About RYSE ➔
MOST ANTICIPATED EARNINGS TODAY
MARKETS AT A GLANCE
| Index/Asset | Day | Month | Year |
|---|---|---|---|
| Dow | ▲0.83% | ▲1.39% | ▲20.64% |
| S&P | ▲0.56% | ▲3.79% | ▲30.25% |
| Nasdaq | ▲0.39% | ▲2.70% | ▲36.88% |
| Bitcoin | ▼8.44% | ▲19.54% | ▲119.52% |
| 10-Year | ▲0.84% | ▲0.33% | ▲20.26% |
[ good morning ]
Here’s everything you need to know today
We’ve finally arrived at the biggest test the market will face this year. Markets are trading cautiously ahead of this afternoon’s massive interest rate decision.
Jerome Powell’s remarks afterward are going to be critical for investors to try and determine what interest rate policy will be moving forward. Gear up for a ton of volatility regardless.
At the same time, investors are feeling encouraged as inflation fell unexpectedly in Canada and the U.K. Maybe inflation is in for a quicker downfall after all. For now, there are still some strong winners in this punishing new market meta.
Let’s explore the biggest headlines and stay focused ahead of all the volatility later today.
Meanwhile, interest rates and other pressures have finally turned Bitcoin’s little correction into a full-on plunge. What’s it going to take to get crypto to recover?
With markets mired in sell pressure, all eyes are now on the Fed ahead of tomorrow’s FOMC meeting. Can interest rate hopes pull us out of this one? Let’s explore the major headlines and try to find a pattern.
 | AI |
BREAKING NEWS
Intel stock is surging this morning after preliminary announcements that the company has secured $8.5 billion in funding from the Biden Administration’s CHIPS Act. Is this enough to put Intel on top?
WHAT HAPPENED
This funding also includes an additional $11 billion in loans. Intel will use this mountain of cash to build and expand their facilities in Arizona, Oregon, New Mexico, and Ohio. The goal here is to create around 30,000 jobs and indirectly support tens of thousands more. The CHIPS Act is focused on securing U.S. dominance in the semiconductor business. There’s a clear political angle to this considering the states where Intel is building these facilities. However, Intel and Biden appear to have much loftier goals here.
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Invest before this company becomes a household name
What if you had the opportunity to invest in the biggest electronics products as they launched into big box retail, would you?
Ring changed doorbells and Nest changed thermostats. Early investors in these smart-home companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few.
Not anymore. RYSE has just launched in 100+ Best Buy stores, and you're in luck — you can still invest at only $1.50/share before their name becomes known nationwide.
They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.
 | RETAIL |
BREAKING NEWS
PDD Holdings—owner of the discount e-commerce player Temu—just added $30 billion to their market cap overnight thanks to a brilliant earnings beat. Is China making a real comeback?
WHAT HAPPENED
Temu has been making a bunch of big splashes in an attempt to expand their footprint in the U.S. and it appears to be paying off. PDD Holdings managed to generate a brilliant $2.41 EPS from $12.4 billion in revenue. This demolished the Street’s expectations and has investors piling into the stock.
PDD managed to significantly improve margins on their sales while still increasing their overall costs. They pulled this off via surging revenues in their advertising and services revenue. But there are bigger factors here that have investors far more excited.
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 | FOOD |
BREAKING NEWS
General Mills surged this morning as the cereal maker finally pulled off an earnings beat. Is food inflation really over?
WHAT HAPPENED
General Mills put up declining revenue numbers—only making $5.1 billion in revenue in Q4 of 2023. This still beat market expectations—but investors are far more interested in how General Mills managed to generate a massive $1.17 EPS from that revenue.
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What You Missed Yesterday
Logitech Crashes as CFO Bails Apple In Talks to Use Google AI Hedge Fund Scandal Rocks Ed-Tech Giant $533 Million | Oil Sparks Inflation Fears Former Treasury Secretary Mnuchin Assembles Investment Team for TikTok President Joe Biden Opposes Planned Sale of U.S. Steel to Japan |
Extra Moby Snacks
BioNTech stock sank this morning thanks to faster declines in COVID revenue. All their hopes now rest on the success of their new line of cancer vaccines. BioNTech declined 5% in early trading.
Reddit’s IPO set for this week already received a major blemish as Reddit’s users basically ignored the opportunity to invest in the company. A group of Reddit moderators told CNBC that they’re sitting the IPO out despite being given early access to purchase shares.
Today's insights are courtesy of RYSE. Invest in the future of Smart Shades with RYSE.
Learn More About RYSE ➔