Daily Scoop 7-12

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Today's Scoop:Anticipation

Big Picture

1) Earnings season starts tomorrow, and investors are feeling optimistic.

2) Billionaires are fleeing the planet, spending billions on space travel.

3) Chinese regulators are cracking down on international data security.

The Market 

⬆️

+0.4%

S&P 500: 4,384.63

1Mo:

+3%

| 1Yr:

+39%

| 5Yr:

+103%

After weeks of limited new information, investors are gearing up for earnings season to kick off tomorrow, where we get a peek under the hood of every public company. We’ll also get a read on inflation for June and hear from the head of the Fed on the fate of continued stimulus.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Virgin Galactic's

new space trip

-

Tesla

misleading investors

-

General Motors'

inclusive mission

-

Microsoft

pays out cash

-

TikTok

bails on an IPO

🤓 Inside Scoop...

Earnings season is what investors call the period after the end of the quarter when public companies release their financial data and provide updates on their financial health. Investors call them earnings reports because it's a peek into the profitability of the companies. Every public company is required to regularly disclose this kind of information to the public.

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