?? DOJ SUES Apple
S&P 500 5,241.48 +16.91(+0.32%)
Dow Jones 39,781.50 +269.37(+0.68%)
NASDAQ 16,401.84 +32.43(+0.20%)
Market close: March 21, 2024
Breaking News
The U.S Justice Department has filed a blockbuster antitrust lawsuit accusing Apple of illegally monopolizing the smartphone market. CNN reports.
The Warm Up
The Federal Reserve held interest rates steady opting to keep rates highly elevated as lower inflation stalled. ABC reports.
Tim Cook is on a charm offensive in China to revive flagging iPhone sales. CNN reports.
Sotheby’s is increasing its sports offerings as it looks to capitalize on the growing demand for sports memorabilia. CNBC reports.
The return of Somali pirates adds to the crisis for global shipping companies. Reuters reports.
The Federal Communications Commission is investigating Amazon over the alleged marketing and sale of wireless signal jammers. CNN reports.
Frontline Ventures raises $200M targeting B2B startups straddling the Atlantic. TechCrunch reports.
Friday Fact
Did you know?
The world’s first ATM (automated teller machine) was ceremoniously unveiled on 27 June 1967, at a branch of Barclays Bank in Enfield, north London
The machine only permitted users to withdraw ￡10 at a time. Read more
Live Session Reminder
Every Friday we provide free, interactive education, on a variety of subjects, including:
Yesterday’s Biggest Movers
The closing price of the top three market percent gainers trading near or above $3 on March 20.
(All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time)
1. $KAVL: Kaival Brands Innovations
Total gain: (117%)
The stock appeared to be moving on no notable news.
2. $LU: Lufax Holding
Total gain: (44%)
领英推荐
The company reported earnings for its fourth quarter. Benzinga reports.
3. $AMTX: Aemetis
Total gain: (40%)
The company announced approval by U.S. Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment. Benzinga reports.
Today’s Notable Earnings
(Estimate and Actual numbers represent Earnings Per Share in US Dollars)
ALOT
AstroNova 4Q 2024 Before Market Open Estimate: N/A Actual: 0.33
MBRX
Moleculin Biotech 4Q 2023 After Market Close Estimate: -0.20 Actual: N/A
STG
Sunlands Technology 4Q 2023 Before Market Open Estimate: N/A Actual: 1.59
Today’s Key Economic Dates
Time (ET) / Report / Period
9:00 am
Federal Reserve Chair, Jerome H. Powell, takes part in a ‘Fed listens’ event
12:00 am
Federal Reserve Vice Chair for Supervision, Michael Barr, speaks
4:00 pm
Atlanta Federal Reserve President, Raphael Bostic, speaks
Extra-Time
Visit Our Knowledge Corner
Parting Thoughts
“A lot of people get so enmeshed in the markets that they lose their perspective. Working longer does not necessarily equate with working smarter. In fact, sometimes is the other way around.” ― Martin Schwartz
Sourced in: FAMOUS TRADERS’ QUOTES By World Best Stories · 2022
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