💼 Aftermath

Bridge collapse consequences are set to stretch out for weeks... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 March 27, 2024 | [Read Online]( [Subscribe]( | [Partner]( | [Go PRO]( Good morning. The Fast Five → [Bridge collapse]( consequences set to stretch out for weeks, [Trump's media company]( valued at $8 billion in strong Wall St debut, [cocoa prices]( hit $10,000/metric ton for first time ever, Amazon launches same-day [prescription delivery]( in NY/LA, and [McDonald’s]( to sell Krispy Kreme nationwide… Calendar: - THU 3/28: Initial jobless claims, 8:30am ET - Consumer sentiment, 10:00am ET - FRI 3/29: MARKET CLOSED (Good Friday) - PCE Index, 8:30am ET - Fed Chair Jerome Powell speaks, 11:30am ET Your 5-minute briefing for Wednesday, March 27: BEFORE THE OPEN As of market close 3/26/2024. Pre-Market: US Investor % Bullish Sentiment: 43.20% for Wk of Mar 21 2024 (Last week: 45.90%) Market Recap: - S&P 500 falls 0.28%, Nasdaq down 0.42%, Dow slips 0.08%. - Tesla rises 3%, Seagate Tech up 7.4%, Krispy Kreme soars 39%. - Mixed data: durable goods orders up, but consumer confidence wanes. - Quiet week ahead, awaiting personal consumption and labor market readings. - March marks fifth consecutive month of gains: S&P up 2%, Nasdaq 1.4%, Dow 0.7%. EARNINGS What we’re watching this week: - Today: Jefferies ([JEF]() - Thursday: Oxford Industries ([OXM](), Semtech ([SMTC]() - [Walgreens Boots Alliance (WBA)]( - earnings of $.82 per share (-29.3% YoY). Revenue forecast to fall 2.9% to $35.9B. Full earnings calendar [here]( HEADLINES [Baltimore’s Freak Bridge Collapse Reverberates From Cars to Coal]( The Francis Scott Key bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks. [Trump's Media Company Valued at Almost $8 Billion in Strong Wall St Debut]( Shares of Donald Trump's Trump Media & Technology Group surged as much as 59% on Tuesday in their Nasdaq debut. - Biden wants US Gov to pay to rebuild Baltimore bridge ([more]() - Logistics companies scramble after bridge collapse closes Port of Baltimore ([more]() - Dow, S&P fall for third straight session with inflation data eyed ([more]() - 10-year Treasury yield slips lower as investors weigh economic data ([more]() - Cocoa prices hit $10,000 per metric ton for the first time ever ([more]() - China profits eyed as Xi meets US biz chiefs ([more]() - Larry Fink warns of ‘snowballing debt’ hitting US economy ([more]() - McDonald’s to sell Krispy Kreme nationwide; shares jump ([more]() - Viking Therapeutics stock jumps more than 25% on promising weight loss pill data ([more]() - Canada Goose to cut 17% of corporate workforce, after string of retail layoffs ([more]() - GameStop faces 'unsustainable' sales decline, cuts jobs ([more]() - Amazon launches same-day prescription delivery in NY and LA ([more]() - Visa and Mastercard agree to $30B settlement that will lower merchant fees ([more]() - Megadeals make a comeback to power $660B M&A revival ([more]() - Robinhood ventures beyond trading with new credit card ([more]() TOGETHER WITH WISERADVISOR Compare top advisors in your area, for free— [Connect with the best financial advisor]( for your needs from WiserAdvisor - a free, independent and unbiased matching service… ✅ Trusted by over 100,00+ consumers since 1998 ✅ Free initial 1 on 1 consultation ✅ Get a personalized match with 2-3 vetted Advisors to compare — and NO match fee! It’s easy. Simply answer a few questions and WiserAdvisor will find and connect you [with 2-3 financial advisors]( in your area right now… [Match me with a No-Obligation Advisor]( ~ please support our sponsors ~ DEALFLOW M+A | Investments - Two bidders in talks to buy German retail giant Galeria ([more]() - UK's DS Smith in deal talks with International Paper ([more]() - Aroma360, a company specializing in scent branding and marketing, acquired NextScent, a provider of air-care solution ([more]() - HCPI-backed Prince Industries purchases Bradford Machine ([more]() - PE-backed Park Place Technologies buys SDV Solutions ([more]() - Ares-backed RLG buys Labelcraft ([more]() - PE-backed Perforce completes purchase of Delphix ([more]() - L Catterton invests in Storyteller Overland ([more]() VC - Viam, a software platform for smart machines, raised $45M in Series B funding ([more]() - Fieldguide, an AI platform for advisory and audit services, raised $30M in Series B funding ([more]() - Tennr, a startup that automates manual work for healthcare organizations, raised $18M in Series A funding ([more]() - ZayZoon, an earned wage access provider for small and mid-sized businesses, raised $15M in Series B extension funding ([more]() - MyPrize, an online crypto casino enabling novel multiplayer experiences, raised $13M, at $140M valuation ([more]() - Picogrid, a defense technology startup, raised $12M in Seed funding ([more]() - Activeloop, provider of a database for AI, raised $11M in Series A funding ([more]() - Iron Sheepdog, provider of a trucking technology solution for brokers and contractors, raised $10M in Series B funding ([more]() - Abstract Security, a provider of a security platform equipped with an AI-powered assistant, raised $8.5M in Seed funding ([more]() - OpenPipe, a tool that lets developers create their own application-specific LLM’s, closed a $6.7M seed funding round ([more]() - OneNotary, an online, on-demand notarization provider, closed a $5M Series A funding round ([more]() - Ionobell, a silicon battery technology company, raised $3.9M in Seed extension funding ([more]() - Chiyo, a maternal nutrition company, raised $3M in funding ([more]() - Popolarium, a games studio, raised $2M in Seed funding ([more]() CRYPTO Powered by [MILKROAD]([Â]([- Get smarter about crypto in 5 min.]( - Bitcoin ETFs snap outflows streak, accumulate $15.4M ([more]() - Crypto VC backers are dubious about bull-market hype ([more]() - SEC seeks $1.95B fine in final judgment against Ripple ([more]() BULLISH BITES 🌉 Aftermath: What to know about the[ripple effects]( of the Baltimore bridge collapse. 🍎 WWDC 2024: Apple will be playing [AI catch-up]( as they prepare to tell us what in the world they plan to do with AI, at the Worldwide Developers Conference set for June 10th. 👬 Odd couple: Netflix’s [co-CEOs]( are nothing alike. That’s a good thing. 🍽 Lost kitchen: A Maine restaurant [so hot]( that it has prospective patrons request a reservation by postcard. 💰 Don’t put it off: [Just answer a few questions and be connected]( with 2-3 financial advisors in your area right now. WiserAdvisor has been matching investors since 1998 - [there is no charge, and no obligation…]([try it »]( * DAILY SHARES [tw profile: Trung Phan] Trung Phan @TrungTPhan [tw] When you see Trump Media & Technlogoy Group (DJT) valued at $15B on $3.5m of revenue Mar 26, 2024 3.5K Likes 294 Retweets 74 Replies [tw profile: High Yield Harry] High Yield Harry @HighyieldHarry [tw] Keep buying more Wonka Corp. By the time we’re done, we’re going to corner the Chocolate market. Mar 26, 2024 449 Likes 32 Retweets 13 Replies [tw profile: sophie] sophie @netcapgirl [tw] summer intern coming back to campus w a full time offer Mar 26, 2024 438 Likes 13 Retweets 10 Replies Know someone who would enjoy this? [CLICK TO SHARE]( What did you think about today's briefing? - [⭐️⭐️⭐️⭐️⭐️ Excellent, keep it comin'!]( - [⭐️⭐️⭐️⭐️ Good stuff]( - [⭐️⭐️⭐️ It was alright]( - [⭐️ Needs work]( Like what you see? [Get tomorrow’s briefing here »]( ☀️ Get your briefings before everyone else, [go PRO »]( Have a comment or suggestion? We’d love to hear it! 💌 [Send us a message](mailto:hello@marketbriefing.com) [ADVERTISE]( | [SUBSCRIBE]( *from our sponsors Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team. [tw]( Update your email preferences or unsubscribe [here]( © 2024 Market Briefing 99 Wall St, Ste 314 New York, NY 10005, United States of America [[beehiiv logo]Powered by beehiiv](