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Daily Scoop 8-19

Daily Scoop 8-19

👋 Your Thursday Scoops - Robinhood stuns & Amazon's big expansion

August 19, 2021

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Today's Scoop:Processing...

Big Picture

Policymakers might start dialing back stimulus this fall.
Retail stores are rebounding after a tough pandemic year.
Job openings are at record levels, but people are still out of work.

The Market

⬆️

+0.1%

S&P 500: 4,405.80

1Mo:

+2%

| 1Yr:

+30%

| 5Yr:

+103%

Markets rebounded a bit from yesterday when investors freaked out about the Federal Reserve considering toning down the stimulus measures. Fewer people were laid off last week and corporate profits are really strong. Job openings are at record levels. Pandemic-boosted unemployment payments have ended across more states, ending everywhere next month.

Company Scoops ❤🌎💰

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

Robinhood's

Facebook's

Amazon's

Macy's

Ford's

🤓 Inside Scoop...

Earnings season is our opportunity to take a peek under the hood of every major company. Public companies are required to report on their financial health at the end of each quarter. Earnings is another word for profits. The financial releases are called earnings reports.