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- StockMKTNewz Daily Recap 5/8
StockMKTNewz Daily Recap 5/8
THE FIRST TRADE DEAL IS HERE??
Daily Stock Market Recap: 5/8
Hey everyone, it’s @StockMKTNewz - Evan! I’ve posted stock market news every day for almost half a decade. I write this daily recap to make sure you don't miss anything important!
INVEST IN A COMPANY LUNCHING SATELLITES INTO SPACE
The regular readers of this newsletter have seen this one … and if you haven’t looked into it yet, you’re missing out.
Starfighters Space flew me out to the Kennedy Space Center the home of their operations to get a demo of their F-104 Starfighters. These Jets can go Mach 2 (1,500 MPH) and they plan to use them to launch small satellites into space. They’re betting their strategy of being nimble and cheap combined with their decades of experience and connections will let them break into an underserved part of the market.
If you're interested in early-stage investing, Starfighters is currently raising through a Reg A+ offering. You can use the link below to check it out and do your own research.
This is not investment advice. I am doing work with Starfighters and will be buying a little bit into the round. My goal is to put it on your radar in case it’s something you want to dig into!
The Daily Recap
🇺🇸 PRESIDENT TRUMP JUST SAID:
- REACHED BREAKTHROUGH ‘GREAT DEAL’ WITH THE UNITED KINGDOM 🇬🇧
- UK WILL FAST TRACK U.S. GOODS THROUGH CUSTOMS, UK WILL REDUCE NON-TARIFF BARRIERS
— Evan (@StockMKTNewz)
2:54 PM • May 8, 2025
Palantir $PLTR closed today as one of the top 10 largest 🇺🇸 technology companies by market cap, closing today above previous 10th place Salesforce - CNBC
— Evan (@StockMKTNewz)
8:35 PM • May 8, 2025
COINBASE $COIN JUST REPORTED EARNINGS
EPS of $0.24
Revenue of $2.09B missing expectations of $2.12B— Evan (@StockMKTNewz)
8:19 PM • May 8, 2025
🇺🇸 PRESIDENT TRUMP IS REPORTEDLY SEEKING A TAX HIKE ON WEALTHY WHO EARN $2.5 MILLION OR MORE - Bloomberg
— Evan (@StockMKTNewz)
7:47 PM • May 8, 2025
UNITED STATES 🇺🇸 REPORTEDLY WEIGHS PLAN TO SLASH CHINA 🇨🇳 TARIFFS TO AS LOW AS 50% AS SOON AS NEXT WEEK - NYP
— Evan (@StockMKTNewz)
7:21 PM • May 8, 2025
Bitcoin $BTC is back over $100,000 🟢
— Evan (@StockMKTNewz)
3:24 PM • May 8, 2025
🇺🇸 PRESIDENT TRUMP JUST SAID:
- THE STOCK MARKET WILL ‘REALLY RALLY NOW’
— Evan (@StockMKTNewz)
3:57 PM • May 8, 2025
🇺🇸 PRESIDENT TRUMP JUST SAID:
- 10% BASE RATE FOR UK 🇬🇧 NOT A TEMPLATE FOR OTHER COUNTRIES; TEMPLATE OF 10% IS PROBABLY THE LOWEST END
- 10% TARIFF SET FOR U.K. IS 'LOW NUMBER,' WILL BE HIGHER FOR OTHER COUNTRIES
— Evan (@StockMKTNewz)
3:32 PM • May 8, 2025
🇺🇸 PRESIDENT DONALD TRUMP JUST SAID:
- We can all play games, who made the first call who didn't, it doesn't matter, China 🇨🇳 really wants to make a deal
— Evan (@StockMKTNewz)
3:15 PM • May 8, 2025
The United Kingdom will announced a $10 Billion purchase of Boeing $BA planes later today - Lutnick
— Evan (@StockMKTNewz)
3:05 PM • May 8, 2025
🇺🇸 PRESIDENT TRUMP JUST SAID:
- THE FINAL DETAILS OF THE DEAL WITH THE UNITED KINGDOM 🇬🇧 WILL BE WRITTEN UP IN THE NEXT COUPLE OF WEEKS
— Evan (@StockMKTNewz)
2:55 PM • May 8, 2025
WARNER BROS. DISCOVERY $WBD MOVING TOWARD SPLITTING COMPANY - CNBC
— Evan (@StockMKTNewz)
1:56 PM • May 8, 2025
COINBASE $COIN TO BUY CRYPTO OPTIONS PLATFORM DERIBIT IN $2.9 BILLION DEAL - WSJ
— Evan (@StockMKTNewz)
12:50 PM • May 8, 2025
Bill Gates the 5th richest person in the world currently worth ~$168 Billion just said he will donate 99% of his remaining wealth to the Gates Foundation
The Gates Foundation announced it will be closing in 2045 and will have given out all the money by then
— Evan (@StockMKTNewz)
12:14 PM • May 8, 2025
Get Ready For Tomorrow
Earnings Hub: 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 5/9 (All times are in ET)
5:55 am Fed Barr speech
6:45 am Fed Kugler speech
8:30 am Fed Williams speech
8:30 am Fed Barkin speech
10:00 am Fed Goolsbee speech
11:30 am Fed Waller and Fed Williams on panel
6:45 am Fed Cook speech
7:45 pm Fed Bowman, Fed Musalem and Fed Hammack on panel
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Disclaimer:
Nothing in this newsletter is financial advice or a recommendation to buy or sell any securities. I’m just reporting the news. Always do your own research and talk to a licensed professional before making financial decisions. Some links may be affiliate links, which means I may earn a small commission if you choose to sign up or make a purchase. It never affects what I choose to include. Some content may be sponsored. I only work with brands I think are a good fit for my audience. Giveaway entries do not guarantee a win. Winners are selected randomly and will be contacted directly by the StockMKTNewz team.