Happy New Year Stock Explorers!
What’s happening?
🙈Major market indices are trading down this morning.
Acquisitions are top of mind! 👽 Juniper Networks (JNPR), a networking hardware company, is up over +23% in pre market trading as Hewlett Packard Enterprise (HPE) is in advanced talks to buy the tech company.
🚗 China has replaced Japan as the world’s largest exporter of cars last year! Exporting 5.26 million cars!!!
🚗Global EV sales are projected to increase 21% in 2024 to 16.7 million, with 70% of those being fully electric according to Bloomberg.
🚗 Volkswagen will add a ChatGPT-powered chatbot to all vehicles with its IDA voice assistant!
😅Duolingo cut 10% of its contract workers and said its replacing those tasks to AI.
🍎Apple’s Vision Pro headset will launch in the US on Feb. 2, with preorders opening Jan. 19. The headset costs $3.5k (prescription lenses can be added for an additional $149), runs on visionOS, and holds 256GB of storage.
💁♀️Here is my favorite blog breaking down the VR Market: Matthew Ball
☕️Starbucks plans to more than double its stores in India in four years!
🐘Earning season kicks off this week, with major banks reporting on Friday.
🎉Check out Stock Explore’s 2024 predictions: TikTok
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