Ether ETFs get approval from FTC -your pre-market briefing inside â May 24, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five â Ether [ETFs]( get approval from FTC, House votes to [block Fed]( from creating digital currency, a sudden [container crunch]( sends ocean freight rates soaring[.]( Musk says he favors â[no tariffs](â on Chinese EVs, and [DOJ sues]( to break up Live Nation, Ticketmaster âmonopolyâ. Full briefing ahead, but first â BLM is offering you the chance to receive [a PLATINUM BTM subscription for up to 90% OFF](! If you want to see just how much your mystery discount is... You can [uncover your mystery discount here »]( Calendar: (all times ET) Today: Durable-goods orders, 8:30a
Consumer sentiment, 10:00a Your 5-minute briefing for Friday, May 24 ðºð¸ Wishing you a wonderful Memorial Day weekend. BEFORE THE OPEN As of market close 5/23/2024. Pre-Market: US Investor % Bullish Sentiment:
47.04% for Wk of May 23 2024 (Last week: 40.86%) Market Recap: - Stock futures flat after Dow's worst session in a year. - Dow futures flat; S&P, Nasdaq slightly up. - Nvidia rose 9% on strong earnings, 10-for-1 stock split. - Intuit fell 6% on soft guidance. - S&P down 0.74%, Nasdaq down 0.39%, Dow down 1.53%. - Strong economic data dims Fed rate cut hopes. - Friday: April durable goods, May consumer sentiment. EARNINGS Full earnings calendar [here]( MEMORIAL DAY MESSAGE FROM BEHIND THE MARKETS Today, we're offering you the chance to [receive a PLATINUM BTM subscription for up to 90% OFF!]( If you want to see just how much your mystery discount is... You can [UNCOVER YOUR MYSTERY DISCOUNT HERE!]( There's just one catch... This deal is only open until midnight on Monday. That's it. No exceptions. When the clock strikes midnight on May 27th, this deal will be gone. [UNCOVER YOUR MYSTERY DISCOUNT â UP TO 90% OFF A PLATINUM MEMBERSHIP]( HEADLINES [SEC Approves Ethereum ETFs in Big Crypto Victory]( The decision comes less than six months after the SEC approved bitcoin ETFs. Those funds have proven to be a big success, with net inflows already surpassing $12 billion. [House Votes to Block Federal Reserve from Creating Own Digital Currency]( The CBDC Anti-Surveillance State Act was led by House Majority Whip Tom Emmer, and backed by Republican members of the House Financial Services Committee. - DOJ sues to break up Live Nation, Ticketmaster âmonopolyâ ([more]() - Dow falls 600 points in worst day of 2024 ([more]() - US economic output hits 2-year high ([more]() - US jobless claims post biggest back-to-back drop since Sept. ([more]() - Dollar set for weekly gain as rate cut bets ebb ([more]() - Oil steady as investors weigh US rate fears ([more]() - Kristin Johnson emerges as a leading candidate for FDIC chair ([more]() - Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells ([more]() - Nvidia cuts China prices in Huawei chip fight ([more]() - UAE economy minister pitches Western investors on stability in an unstable region ([more]() - Microsoftâs UAE deal could transfer key US chips and AI technology abroad ([more]() - Elon Musk says he favors âno tariffsâ on Chinese EVs ([more]() - Boeing expects a 2024 cash burn, slow recovery of deliveries amid crisis ([more]() - Google acquiring HubSpot would bolster bid to challenge Microsoft ([more]() - Canva goes after Adobe users with work tools to speed up growth ([more]() - Private credit has too much cash and not enough places to put it ([more]() DEALFLOW M+A | Investments - Charter brings Paramount+ to Spectrum TV customers in new carriage deal ([more]() - French tycoon Xavier Niel explores buyout bid for Millicom ([more]() - Hg nears $3 Billion deal for risk firm AuditBoard ([more]() - Advent nears deal for Prometheus Software firm stake ([more]() - EQT is said to explore options for $8+ billion waste firm ([more]() - VersiFi, a digital asset trading and lending firm, acquires Ather Digital, a systematic quantitative investment firm ([more]() - UL Solutions (ULS), an applied safety science company, acquired BatterieIngenieure, a battery testing company ([more]() - Dream Exchange, a minority-controlled stock exchange in the US, received an investment from Harvey Catchings ([more]() - Adams Clinical, a provider of a clinical trial site network, received an investment from InTandem Capital Partner ([more]() - Crio, a provider of eSource and other eClinical technologies, received an investment from The Riverside Company ([more]() VC - Lumos, a software company centralizing the management of apps and identities for IT and security teams, raised $35M in Series B financing ([more]() - Atropos Health, a pioneer in translating clinical data into personalized evidence for care, raised $33M in Series B funding ([more]() - Radar Therapeutics, a biotech company developing smart programmable medicines, raised $13.4M in Seed funding ([more]() - Traction Ag, a farm accounting tech and software company raised $10M in Series A funding ([more]() - Averlon, a cloud security company, raised $8M in Seed funding ([more]() - Userfront, an auth and identity platform for SaaS companies, raised $5.3M in Seed funding ([more]() - StrokeDx, a stroke detection tech company, raised $5M in Seed funding ([more]() - ZeroPoint Technologies, a memory compression tech company, raised â¬5M in Series A funding ([more]() - Zest Protocol, a lending protocol built for Bitcoin, raised $3.5M in Seed funding ([more]() - Alphaledger, a blockchain infrastructure for fixed-income assets, raised an undisclosed amount in Series A funding ([more]() CRYPTO - Ether ETFs clear major hurdle, though SEC hasn't cleared them for trading yet ([more]() - Sam Bankman-Fried moved to Oklahoma jail despite judgeâs request ([more]() - FTX bankruptcy lawyers were not complicit in fraud, report finds ([more]() BULLISH BITES ð¤Â Next-level: Nvidia's [Jensen Huang]( is now richer than every member of Walmart's founding family. ð Recommended: '[The Algebra of Wealth](': Professor Galloway's fiscal formula ð Influence: Prominent Silicon Valley VCs are becoming more [conservative](. ð®ð³ Inside look: How billionaire Mark Walterâs bet on India [ended in disaster](. âï¸ Quiz: So you think youâre a jet-setter? [Test your travel I.Q](. DAILY SHARE [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] $BTC Bitcoin ETF is approved $ETH Ethereum ETF is approved $SOL Solana bulls: May 24, 2024 81 Likes 5 Retweets 7 Replies [tw profile: Autism Capital ð§©] Autism Capital 𧩠@AutismCapital [tw] Michael Saylor after learning there is a second best. May 24, 2024 1.18K Likes 105 Retweets 54 Replies [tw profile: Douglas A. Boneparth] Douglas A. Boneparth @dougboneparth [tw] My wife says if I say Nvidia one more time weâre getting divorced. I told her thatâs a 2 for 1 split. May 23, 2024 1.92K Likes 77 Retweets 61 Replies What did you think about today's briefing? - [âï¸âï¸âï¸âï¸âï¸ Excellent, keep it comin'!](
- [âï¸âï¸âï¸âï¸ Good stuff](
- [âï¸âï¸âï¸ It was alright](
- [âï¸ Needs work]( Have a comment or suggestion?
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