📈 RIVN Nosedives

Advertise with us | Our Newsletters | Your Rewards

Good Morning!

First up, we're playing a game of "What if?" with the potential government shutdown. It's like a cliffhanger in your favorite TV show, but with more budget spreadsheets and less dramatic music. What's an investor to do?

Next, we peek into the wallet of JPMorgan's CEO, Jamie Dimon, who just casually sold a cool $150.2 million in shares. That's enough to make even Monopoly Man do a double-take!

And finally, let's talk about Rivian. Their stock took a 26% nosedive after a Q4 loss that was deeper than my love for coffee. We'll explore what this means for the electric-truck maker and your investment strategy.

Our sponsor, Phemex, is also here with their Copy Trading program. It's like having a finance guru in your pocket, guiding you through the ups and downs of investing. So why not give them a click and see how they can add some extra vroom to your investment strategy?

Grab your cortado and let's get into it! ☕️👇️
Coffee submitted by Benjamin - Send us your favourite order to win free Investing Journal Premium!

Transform Your Trading Game with Phemex Copy Trading! 🚀

Ever dreamed of trading like the pros? Now you can with Phemex Copy Trading! This innovative feature bridges the gap in trading experience, allowing you to view and replicate the strategies of their top veteran traders.

✅ Easy Access for All: Available to every Phemex user, copy trading is your gateway to smarter, more informed trading decisions.

🏆 Follow the Leaders: Dive into the world of elite trading! Their Top Traders are hand-picked based on stringent standards, ensuring you follow only the best.

💸 Free to Start, Fair to Proceed: Becoming a copier is absolutely free. A nominal share of the fees and profits is all it takes to keep you in sync with top-tier trading strategies.

Sign Up Now & Start Mirroring the Masters!

From our partners

Markets

If a Government Shutdown Comes, What Should Investors Do? (5 minute read)
Gather round because it's that time again - the media is buzzing with chatter about a possible government shutdown looming just a week away! Picture this: Congress, with just two working days left on the clock before the funding deadline hits, is stuck in a classic standoff with neither side willing to budge. It's like watching a high-stakes game of chicken, but with budget spreadsheets!

Now, for all the savvy investors out there, you're probably wondering two things:

• Will a shutdown throw a wrench in the economic works?

• Should you start playing musical chairs with your portfolio?

Here's the tricky part: if the shutdown's effects were as easy to predict as tomorrow's weather, we'd all be millionaires, right? But alas, it's all about the duration of this potential financial freeze-out. So, grab your popcorn and stay tuned!

Investing

JPMorgan CEO Sells $150.2M Shares (1 minute read)
Jamie Dimon, the big boss at JPMorgan Chase & Co, just made a splash in the stock market. He's sold a whopping 821,778 shares of his company's stock, and get this – at an average price of $182.73 per share. Do the math, and that's a jaw-dropping $150.2 million! This isn't just a casual stock sale; it's part of a plan to sell up to a cool one million shares. What's even more interesting is that this is the first time Dimon has sold JPMorgan stock since he took the helm.

Rivian Stock Dives 26% on Steep Q4 Loss, CEO Takes It Out on Workers (5 minute read)
In the fast-paced world of electric trucks, Rivian (RIVN) has hit a bit of a speed bump. The company's CEO dropped the news that they're struggling to keep up with high interest rates, and as a result, they might have to say goodbye to up to 1,670 workers. Rivian's stock, took a 26% nosedive last Thursday. Why? Well, they reported a loss-making quarter that was a bit heavier than Wall Street's guesswork. The company lost $1.58 per share on a revenue of $1.3 billion, which was more than the anticipated $1.35-per-share loss.

The $5 Billion AI Business You've Never Heard Of (6 minute read)
Interest and investment in artificial intelligence are skyrocketing, and it's not just tech enthusiasts who are excited. This trend is opening up some juicy growth opportunities for companies, and let's not forget the sweet, sweet value it's adding for shareholders. Take Honeywell International (HON), for example. They're not just dipping their toes in the AI pool; they're doing a full-on cannonball! Honeywell isn't just using AI to jazz up its offerings; they've also got their hands in the quantum computing cookie jar. And guess what? Their management team is cooking up plans to turn that into cold, hard cash.

🐥

Best of Twitter

Thanks for reading, if you enjoyed, tell your friends!

P.S: If you're interested in crypto and web3 - check out our new newsletter, The Crypto Journal!

Share The Investing Journal with your friends to receive rewards!