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Roe v Wade to be Overturned and the S&P is having its Worst Start to a year since 1939

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Roe v Wade to be Overturned and the S&P is having its Worst Start to a year since 1939

Uniic Media Newsletter - Tuesday - May 3, 2022

Uniic Media
May 3, 2022
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Roe v Wade to be Overturned and the S&P is having its Worst Start to a year since 1939

www.uniicmedia.com

Robinhood CEO Vlad Tenev given $794 Million in Stock Awards for 2021

In 2021, Vladimir Tenev earned a total compensation of $796.1 Million as Co-Founder and CEO at Robinhood, a 103,572% increase compared to the previous year.

Tenev received $794 Million in stock awards, accounting for 100% of the total pay in 2021.

Tenev also received $244.1K in salary and $1.9M in other compensation.

In 2021, Vladimir Tenev's compensation ranked 2nd out of 9,630 executives tracked by ExecPay.

(Image Source)


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The Supreme Court has Voted to Overturn Roe v. Wade per Politico

Obtained by reporters Josh Gerstein and Alexander Ward, the 98-page draft opinion by Justice Samuel Alito is dated Feb. 10, 2022. It is styled as the “opinion of the Court” in Dobbs v. Jackson Women’s Health Organization, in which Mississippi and its supporters have asked the justices to eliminate the constitutional right to abortion that was first established by Roe in 1973 and re-affirmed by Casey in 1992.

Supreme Court has drafted opinion to overturn Roe v. Wade

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Biden Administration Announced $3.1 Billion to make EV Batteries in the U.S.

Joe Biden’s administration said it will provide $3.1 Billion in funding to support the domestic production of advanced batteries that will spur electric vehicle adoption. Proponents of the funding, which is part of the Bipartisan Infrastructure Law enacted last year, say supporting local battery initiatives will alleviate fluctuations in global oil markets, specifically the surging price of gas caused in large part by Russia’s invasion of Ukraine.

Electric car battery technology and components | Knauf Automotive

(Image Source)


The S&P is having its Worst Start to a year since 1939

The S&P 500 fell more than 13% between January and April of this year. That's the worst four-month start to a year since 1939 when longtime legendary investor Warren Buffett was just nine years old.

Comparing today's stock market to 83 years ago isn't an entirely apples-to-apples comparison for one, the S&P was made up of only 90 companies back then. But it has clearly been an abysmal first third of the year for investors from any reference point. The Dow was down 9% through April and the tech-heavy NASDAQ plummeted 21%.

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Roe v Wade to be Overturned and the S&P is having its Worst Start to a year since 1939

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