\u2714 S&P 500 hits record close at 6,129.32 \ud83d\udcc8
\u2714 Intel (NASDAQ: INTC) surges 16% on Broadcom & TSMC interest \ud83d\udcbe
\u2714 Nike (NYSE: NKE) teams up with Kim Kardashian for new collaboration \ud83d\udc5f
\u2714 Delta Air Lines (NYSE: DAL) plane accident in Toronto injures 18 \u2708
The S&P 500 rose 0.2% to a record close of 6,129.32, extending its bull run as investors bought the dip following the Presidents Day holiday.
\ud83d\udca1 Why It Matters:
The market’s resilience suggests strong investor sentiment, despite recent macro concerns like inflation and interest rates.
\ud83d\udcca Track Market Trends with FMP:
\ud83d\udd17 Sector P/E Ratio API – Analyze valuation shifts amid market highs.
\ud83d\udd3a Intel (NASDAQ: INTC) shares soared 16% following reports from the Wall Street Journal that Broadcom (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing Co. (TW: 2330) are exploring deals to split the company in two.
\ud83d\udcac Wedbush Commentary:
“TSMC’s involvement in Intel’s fabs would be the clearest way to resolve Intel’s disadvantage on this front.”
\ud83d\udccc Intel’s stock has surged 18% YTD, closing its best week in 25 years.
\ud83d\udcca Monitor Semiconductor Industry Trends with FMP:
\ud83d\udd17 Industry P/E Ratio API – See how chip industry valuations are shifting.
\ud83d\udc5f Nike (NYSE: NKE) teams up with Kim Kardashian for a new sneaker and apparel line, aimed at boosting brand appeal among younger consumers.
\ud83d\udca1 Why It Matters:
Nike faces increasing competition from Adidas and On Running. This partnership could boost sales and market share, similar to Adidas’ past success with Yeezy.
\ud83d\udcca Track Nike’s Financials with FMP:
\ud83d\udd17 Full Financials API – Get deep insights into Nike’s performance.
\ud83d\udeec A Delta (NYSE: DAL) regional jet flipped upside down upon landing at Toronto Pearson Airport, injuring 18 out of 80 passengers.
\ud83d\udccc The cause is under investigation, but initial reports suggest strong crosswinds and icy conditions may have contributed.
\ud83d\udca1 Investor Impact:
The incident is unlikely to affect Delta’s stock significantly, but regulatory scrutiny and passenger safety concerns may arise.
\ud83d\udcca Analyze Airline Industry Trends with FMP:
\ud83d\udd17 Key Metrics (TTM) API – See how airlines are performing post-pandemic.
\ud83d\ude80 Bullish Market Sentiment: The S&P 500’s rally suggests investors are confident, but macro risks like tariffs and inflation remain.
\ud83d\udd0d Intel’s Future: If Broadcom and TSMC finalize a deal, Intel’s stock could see further upside.
\ud83d\udce2 Watch Out For:
