🌚 Houston, Stocks Are On The Moon

NVIDIA's report sends us straight back to all-time highs, $LUNR lands a module on the moon and its stock followed, a tip to boost your salary and more

Happy Friday Zingers! I didn’t know what I was going to do. I thought I was going to have to fend for myself and hunt for my food in the woods. My only peace of mind was the fact that I have hundreds of survival tips memorized from Man vs. Wild reruns.

Am I being a little dramatic about having no phone service for a couple of hours yesterday morning? Maybe. Would I really have been able to make it in the wilderness? Probably not.

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MARKET SNAPSHOT

Yesterday: Oooooooh baby, this is why we do it! The QQQs finished up nearly 3% the day after Nvidia’s monster earnings report. A couple of red days in a row and then boom, right back to all-time highs.

On Our Radar: Nothing is scheduled today as far as economic data goes, but we will hear from Warner Bros before the open. Trade on, Zingers!

TOP STORY
Landing Outer Space GIF by Salesforce

Briefly: America has once again landed on the moon. But this time, Intuitive Machines sent a lunar lander named Odysseus instead of Buzz and Neil. I’d like to imagine it was blasting “The Boys Are Back in Town” as it landed.

What Happened: This marks a significant milestone in space exploration. No private spacecraft had ever soft-landed on the moon before. A “soft landing” is a landing without major damage to an aircraft. The last American spacecraft to achieve a soft landing on the moon was NASA’s Apollo 17 in December 1972, reported Space.com.

A Giant Leap: “What a triumph! Odysseus has taken the moon,” said NASA Administrator Bill Nelson in a video message aired shortly after the successful touchdown. “This feat is a giant leap forward for all of humanity. Stay tuned!”

Liftoff: Odysseus isn’t the only thing going to the moon. Intuitive Machines’ stock, $LUNR, has been skyrocketing on the buzz around the space mission. The stock went up more than 35% last night after the successful landing.

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FIVE ZINGERS

r/NYSE: Reddit officially filed for its IPO, set to debut on the NYSE in March. I wonder how r/WallStreetBets is going to trade the opening.

$LYV A Little: Live Nation ($LYV) reported a strong quarter, aided by massive demand for a certain blonde pop star.

I Meme Business: NVIDIA passed Tesla to become the most-traded stock. Now, there’s even an NVIDIA memecoin, and it’s ripping too.

Block Party: Block reported strong earnings, and traders rushed out to buy the stock after hours yesterday, sending it higher by 20%.

Inside Tips: A former Goldman Sachs recruiter shared some inside tips on how to boost your salary.

ONE FOR THE ROAD
Dog What GIF by MOODMAN

Briefly: President Joe Biden is in the middle of a fierce battle to get re-elected in 2024. Biden has the support of his family, friends, and colleagues. But he will no longer have his dog Commander by his side to spur him on.

What Happened: Throughout his time as president, Biden has had two German Shepherd dogs named "Major" and "Commander" reside with him in the White House. Major was the first shelter dog to ever live in the White House. After a series of biting incidents, Major was sent to live with family friends of the Bidens.

And Then: Now Commander is also in the doghouse with at least 24 reported biting episodes. One incident involved a Secret Service member needing stitches.

Safety First: To save any staff or family members from future harm, the president and first lady have opted to relocate Commander to another family member’s home.

What Next: Read the full breakdown here.  

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