Stock Market Nerd – Market Headlines – February 24, 2024

Third-Party Content. Provided for informational purposes only. Not investment advice or a recommendation to buy or sell any security. See disclosure here.

Stock Market Nerd – Market Headlines – February 24, 2024

  • Meta’s Mark Zuckerberg made a rare trip to Korea this week to meet with Samsung’s chairman and President Yoon Suk Yeol. He hasn’t been to the country in over a decade, and this is leading many to assume there are new AI-related partnerships soon coming. We’ll see.
  • Meta and Microsoft have formally asked the European Commission to reject Apple’s new app store proposal discussed 2 weeks ago.
  • Uber Eats started autonomous food deliveries in Japan through a Mitsubishi partnership.
  • Super Micro announced and priced a $1.5 billion convertible notes offering. There’s no regular interest expense associated with the deal.

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