181, 182, 183…knock, knock! Who’s there?🐾Meow Motto
GM MONEY req-ers,
Hyundai announced a $21 billion investment in the United States, just days before Trump is about to drop reciprocal tariffs.
23andMe filed for bankruptcy and wants to sell itself, and your DNA data’s future could be unclear.
Chinese EV company BYD outshines Tesla with annual sales of more than $100 billion.
MA regulator subpoenas Robinhood over sports betting.
How is your March Madness bracket doing?
Markets
Dow 1.42%
S&P 500 1.76%
Nasdaq 2.27%
Fear Factor
VIX -0.06%
Crypto-verse
BTC -1.38%
ETH -0.91%
XRP -0.71%
The Magnificent 7 AAPL 0.05% MSFT 0.11% GOOGL 0.29% AMZN -0.03% NVDA -0.57% META 0.54% TSLA 1.06%
*Last Updated: March 25, 2025 7:30 a.m. EST. For updated market info click HERE.
The movers and shakers today - Tesla. Trump Media, KB Home, Oklo, UniFirst, GameStop, McCormick.
Smithfield Foods, the largest U.S. pork producer, on Tuesday said its board declared an initial quarterly dividend of 25 cents.
McCormick & Co.'s latest quarterly sales met Wall Street's expectations and the company maintained its fiscal-year outlook despite ongoing uncertainty regarding tariffs.
Tesla sales crashed in Europe during February, a second straight negative month of sales on the Continent for the electric vehicle maker run by Elon Musk.
Shares of Trump Media jumped about 9% in extended trading on Monday after the parent of the president’s social media company announced an agreement with crypto.com to launch a series of exchange-traded funds and related products.
AI news:
Netflix’s Reed Hastings donates $50 million to his alma mater Bowdoin College to fund AI research and teaching within “ethical frameworks”.
AI tool of the day:
Purpleleaf.ai - Are You Spending Hours Writing Your Social Media Content? Generate engaging posts, visuals, and captions with just a few clicks – perfect for Business owners, E-commerce sites, marketers and more. Transform your online presence effortlessly and watch your audience grow.
183-day rule
The 183-day rule is a threshold used by many countries to determine tax residency, marking when someone has spent over half the year in a jurisdiction.
In the US, the IRS uses the "substantial presence test" to assess if non-citizens or non-permanent residents qualify as tax residents, considering if they have spent 183 days in the U.S. over the current and two preceding years.
US citizens and residents may exclude up to $126,500 of their foreign-earned income in 2024 if they meet the physical presence test for and paid taxes in a foreign country.
Today: S&P Case-Shiller home price index (20 cities); consumer confidence; new home sales
Tue 3/25
☀️MKC - McCormick & Company, Incorporated
🌙GME - GameStop Corporation
☀️CNM - Core & Main, Inc.
☀️premarket 🌙after hours 🤷🏼♂️undisclosed
(*initial public offering - when shares of a private corporations are offered to the public in a brand new market stock)
How was today's edition?
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📢If you’re looking for investing advice, don’t 👀 at me! 🐾 Meow Motto
🧶 DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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