Market Memes #1: Stock Market news and updates week of March 18th, 2024
Channel: BullMoose.Slaughterhouse
Date: 25/03/2024

Like all things in the Financial world: FOR ENTERTAINMENT PURPOSES ONLY!!!!!

Market Meme's on the BullMoose.Slaughterhouse channel. Regards to you and yours, this is an update on the most important Meme stock news for the week of March 18th, 2024. Better late than never! 

Jerome Powell Keeps Interest Rates Steady:

Federal Reserve Chair Jerome Powell announced on Wednesday that the central bank would keep interest rates unchanged. Markets rallied on the announcement he would stay true to having 3 more rate cuts by the end of the year!

Reddit's IPO:

Reddit, the popular online forum, went public on Thursday in one of the most anticipated IPOs of the year. Reddit's stock price surged by more than 20% on its first day of trading driven mostly by the hedge funds that funded the IPO

DOJ Antitrust Lawsuit vs. Apple:

The Department of Justice filed an antitrust lawsuit against Apple on Thursday, alleging that the company had a monopoly on the smartphone market due to green and blue text bubbles. The lawsuit is the latest in a series of antitrust lawsuits that the government has filed against big tech companies, with this being the biggest Anti-Trust lawsuit ever.

DWAC merging with Truth Social to become DJT:

Almost 2 years after annoucing the plan to merge Truth Social with Special Purpose Acquisitions Company DWAC, DJT will become public next week. Speculation that the former president will need to sell shares to settle legal bills has the internet abuzz in speculation on what will happen with this stock next week. 

#stockmarket #marketrecap #memestocks #reddit #spy #jpow #wallstreetbets #apple #economy #fed #stonks #memes #bullmoose #bulls #bears #pigs 

Chapters:
0:00 Introduction
0:07 JPow and Fed 3 rate cuts
0:19 Reddit IPO
0:40 Apple Anti Trust Lawsuit
0:53 Truth Social merger
1:51 Next Week....