StockMKTNewz Daily Recap 2/10

ELON MUSK WANTS TO BUY OPENAI

February 10, 2025

Daily Stock Market Recap: 2/10

Hey everyone! It’s @StockMKTNewz - Evan!

Let's dive into the key headlines of the day and what you should keep an eye on as we move through the week.

Here’s how the stock market performed today

Heat Map of the S&P 500

Indexes

Best and Worst Performing S&P 500 Stocks

Stock Market Tools I Use

(and you should too!)

Get Ready For Tomorrow

EARNINGS: This is the earnings calendar I rely on daily during earnings season. Make your earnings season much easier by checking out Earnings Hub

SeekingAlpha catalyst Watch:

Macro: Schedule for Friday 2/11 (All times are in ET)

6:00 am NFIB optimism index
8:50 am Fed Hammack speaks
10:00 am Fed Powell testifies to Congress
10:20 am Fed Daly speaks
3:30 pm Fed Williams speaks
3:30 pm Fed Bowman speaks

The Daily Recap

JUST IN:
A group of investors led by Elon Musk is offering to buy the nonprofit that controls OpenAI for $97.4 Billion - WSJ
— Evan (@StockMKTNewz)
8:42 PM • Feb 10, 2025

no thank you but we will buy twitter for $9.74 billion if you want
— Sam Altman (@sama)
9:11 PM • Feb 10, 2025

DAVID TEPPER JUST UPDATED HIS PORTFOLIO
— Evan (@StockMKTNewz)
8:39 PM • Feb 10, 2025

RIP TO THE PENNY??
🇺🇸 President Donald Trump has directed the US Treasury to stop minting new pennies citing the rising costs
In 2024 every penny which represents 1 cent costed 3.69 cents to make x.com/i/web/status/1…
— Evan (@StockMKTNewz)
2:15 PM • Feb 10, 2025

Palantir $PLTR now has a larger market cap than Wells Fargo $WFC
— Evan (@StockMKTNewz)
3:39 PM • Feb 10, 2025

SPOT GOLD TOPS $2,900 FOR THE FIRST TIME IN HISTORY
— Evan (@StockMKTNewz)
7:52 PM • Feb 10, 2025

CHINA’S 🇨🇳 10% TARIFFS ON US 🇺🇸 CARS HITS GM, FORD AND MERCEDES SUVS - Bloomberg
— Evan (@StockMKTNewz)
6:41 PM • Feb 10, 2025

🇺🇸 President Donald Trump is set to sign an executive order rolling back enforcement of a law that makes it illegal for US companies to bribe foreign officials, arguing that the restriction puts American firms at a disadvantage - Bloomberg
— Evan (@StockMKTNewz)
6:00 PM • Feb 10, 2025

FRENCH 🇫🇷 PRESIDENT EMMANUEL MACRON JUST SAID:
EUROPEAN 🇪🇺 AI STRATEGY TO BE ANNOUNCED TUESDAY
— Evan (@StockMKTNewz)
5:21 PM • Feb 10, 2025

L3HARRIS $LHX LAUNCHES NEW TECHNOLOGY TO CONTROL AUTONOMOUS SWARMS
L3Harris Technologies just introduced AMORPHOUS, its new software "that features a single user interface to operate thousands of autonomous assets simultaneously"
— Evan (@StockMKTNewz)
2:01 PM • Feb 10, 2025

CHINA'S 🇨🇳 BYD JUST ANNOUNCED INTEGRATION OF DEEPSEEK AI INTO ITS EV SOFTWARE - Bloomberg
— Evan (@StockMKTNewz)
12:59 PM • Feb 10, 2025

OpenAI is pushing ahead on its plan to reduce its reliance on Nvidia by developing its first generation of in-house AI silicon chips which would be sent to Taiwan Semiconductor to be made - Reuters
— Evan (@StockMKTNewz)
12:50 PM • Feb 10, 2025

Intel’s $INTC head of data-center and AI operations is leaving Intel after joining last year to takeover as CEO of Nokia $NOK - WSJ
— Evan (@StockMKTNewz)
12:39 PM • Feb 10, 2025

Rivian $RIVN said it will now sell its electric delivery van designed for Amazon to other customers - Bloomberg
— Evan (@StockMKTNewz)
12:30 PM • Feb 10, 2025

T-Mobile $TMUS confirmed its Starlink-powered satellite messaging service for cell phones is now open for anyone in the 🇺🇸 to try for free, including people who aren’t T-Mobile customers
— Evan (@StockMKTNewz)
12:18 PM • Feb 10, 2025