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Tesla Unleashes New Blitz In EV Price Battle, Bezos’ Megayacht Update, And Bitcoin Surge On The Horizon: 5 Key Stories You May Have Missed From The Weekend

By Shanthi Rexaline
April 10, 10:05 AM
The long weekend on account of the Good Friday holiday passed off quietly with scaled-back news flow and less chatter on social media. Here’s a recap of a few major headlines that hit the wire over the weekend and that may have implications for the market:

AAPL

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‘Russia Says It Cut Oil Output By 700,000 Barrels A Day In March; Government’s Pledge Was For Reduction Of 500,000 Barrels; Energy Ministry Data Doesn’t Match Sea Exports, Refinery Runs’ – Bloomberg

By Happy Mohamed
April 7, 1:43 PM
https://www.bloomberg.com/news/articles/2023-04-07/russia-says-it-cut-oil-output-by-700-000-barrels-a-day-in-march?srnd=premium&sref=TBDibEcD&leadSource=uverify%20wall Russia’s Energy Ministry said the

SPY

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‘Fed’s Job Isn’t Finished’: 4 Experts React To Jobs Report, Predict FOMC’s Next Move

By Wayne Duggan
April 7, 12:20 PM
On Friday morning, the Labor Department reported solid U.S. jobs market numbers from March. The U.S. added 236,000 jobs in March, slightly missing average economist estimates of 240,000 jobs. The unemployment rate fell 0.1% to 3.5%, below economist estimates of 3.6%. Wages were up 4.2% year-over-year and increased 0.3% from February.

SPY

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5 Recession-Proof Stocks With High Cash, Low Debt, Strong Dividends To Protect Your Portfolio In 2023

By Piero Cingari
April 7, 9:00 AM
Markets are increasingly concerned about an impending recession following the latest U.S. economic data, which showed a slowing in the pace of growth in the labor market and service sector activity in March as a result of the first negative spillovers arising from elevated interest rates and banking sector difficulties.  

CVX