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- š¢ Weekly Market Update: March 27, 2025
š¢ Weekly Market Update: March 27, 2025
Welcome to this week's Market Update, where we delve into the most significant developments in stocks, financial news, business events, and market movements.
š¢ Corporate Highlights
Klarna: Klarna lands buy now, pay later deal with DoorDash $DASH ( ā² 0.29% ), notching another win ahead of IPO.
Freddie/Fannie $FMCC ( ā¼ 1.89% ) $FNMA ( ā¼ 1.1% ): Freddie Macās CEO, COO, Head of HR, and the Federal Housing Finance Agencyās COO and head of HR were all fired on 3/20/25.
23andMe $ME ( ā² 3.93% ): 23andMe Files For Bankruptcy, CEO Resigns - Fate Of Americans' DNA Data Now In Court-Supervised Sale.
š” Lowcountry Ledgerās Take: Using a payment plan for food delivery is a horrible financial decision.
š„ Other Trending Market News
Tariffs: āTrump announces new 25% auto tariffs
Commerce Secretary: Commerce Secretary Howard Lutnick joins All-In Podcast for an interview
Gamestop $GME ( ā² 1.4% ): GameStop Stock Drops as Company Plans $1.3 Billion Bitcoin $BTC.X ( ā² 0.66% ) Purchase
Nike $NKE ( ā¼ 1.47% ): Nike stock is trading at the lowest level since the early days of the COVID-19 pandemic
š Market Vitals
$DIA ( ā² 0.01% ) Tracks 30 blue-chip stocks, showing industrial health.
$SPY ( ā² 0.72% ) Mirrors S&P 500, gauging broad market performance.
$QQQ ( ā² 1.12% ) Follows Nasdaq-100, reflecting tech and growth trends.
$BTC.X ( ā² 0.66% ) Indicates crypto sentiment and risk appetite.
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