💼 Triple-witching

PLUS - Anthropic announces its most powerful AI yet -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 June 21, 2024 | [Read Online]( In partnership with First time here? [Sign up]([»]( Good morning. The Fast Five → [Anthropic]( announces its most powerful AI yet, [Canada joins]( US and EU tariff moves on Chinese EV’s, SpaceX unveils backpack-sized ‘[Starlink Mini](’, [triple-witching]( tests market calm, and [Bugatti unveils]( new $4.1 million, 1800 horsepower hybrid hypercar… Calendar: (all times ET) Today: Existing home sales, 10:00a Your 5-minute briefing for Friday, June 21: BEFORE THE OPEN As of market close 6/20/2024. Pre-Market: US Investor % Bullish Sentiment: ↓ 44.37% for Wk of June 20 2024 (Last week: 44.59%) Market Recap: - S&P fell 0.25% after hitting a new high, Nasdaq -0.79%, Dow +0.77%. - Nvidia declined 3.5%. - Darden Restaurants up 1.5% on strong earnings. - Gilead Sciences surged 8.5% on successful HIV trial. - AI excitement continues to boost the market. - Economic data shows softening: higher jobless claims, weak housing starts, and disappointing Philly Fed Manufacturing Index. EARNINGS Here’s what we’re watching this week: - Today: Carmax ([KMX]() Full earnings calendar [here](. Which Stocks Have Cyclical Price Patterns? Let's get right to it! In this edition, we spotlight stocks that historically have risen... [7 High-Value Blue-Chip Stocks to Boost Your Wealth by 2027]( While investing, the focus is on the top blue-chip stocks to buy that offer growth with stability. It is vital to comprehend the fund... [Read More]( [3 Under $50 Stocks to Buy Now: June 2024]( You can use fractional stock buying to invest in any stock even if you don't have enough funds. However, many investors prefer to... [Read More]( HEADLINES [OpenAI Competitor Anthropic Announces its Most Powerful AI Yet]( The company said Claude 3.5 Sonnet is faster than its previous leading model, Claude 3 Opus, and is the first model from Anthropic’s new Claude 3.5 family. [Canada Prepares Potential Tariffs on Chinese EVs After US and EU Moves]( Prime Minister Justin Trudeau has been under increasing pressure at home and abroad to follow the lead of the US and EU. - Stocks show signs of buyer exhaustion after rally ([more]() - Biden economists claim progress on grocery inflation ([more]() - Supreme Court upholds US tax on foreign business income ([more]() - DOJ drops claims that TikTok misled US consumers in lawsuit ([more]() - $5.5 Trillion triple-witching to test market calm ([more]() - Money-market funds see first outflow in two months with taxes due ([more]() - Key dollar gauge soars to close at highest level of the year ([more]() - Brent rises to $86 as cooling jobs market buoys rate cut hopes ([more]() - New home construction slows as mortgage rates remain high ([more]() - Asian shares end the week with a whimper ([more]() - Trump Media plummets 15% as DJT stock sell-off deepens ([more]() - Amazon is getting rid of plastic air pillows ([more]() - McDonald’s releases a new $5 value meal to combat inflation ([more]() - Lilly files lawsuits over compounded tirzepatide ([more]() - Rite Aid shuts down 27 more locations ([more]() - SpaceX unveils backpack-sized ‘Starlink Mini’ satellite internet antenna for $599 ([more]() With Deal Sheet you get curated, actively investable startup opportunities sent once per week - Weekly access to top VC investments - Co-invest with a16z, Sam Altman, Kleiner Perkins, etc. - [Deal Sheet]( founders: >700 VC deals closed, >$200M invested [Learn more]( DEALFLOW M+A | Investments - LVMH is buying one of the most famous restaurants in Paris ([more]() - Carlyle, KKR top bidders for Discover's $10B US student loan portfolio ([more]() - Hertz plans to raise $750M through secured notes offering ([more]() - BP to buy out Bunge's stake in Brazilian biofuels JV in $1.4B deal ([more]() - Castlelake to buy up to $1.2B in consumer loans from Upstart ([more]() - Bullhorn, a software provider for the staffing and recruitment industry, acquired Textkernel, an industry leader in sourcing AI solutions ([more]() - unitQ, an AI-powered customer feedback platform, received an investment from Zendesk Ventures ([more]() VC - FairNow, a provider of AI governance software, raised $3.5M in Seed funding ([more]() - Materia, a generative AI platform built specifically for public accounting firms, raised $6.3M in funding ([more]() - Cadana, a global payroll technology company specializing in emerging markets, raised $7.4M in funding to date ([more]() - Pomerium, a provider of an access control platform, raised $13.75M in Series A funding ([more]() - Gynger, an embedded financing platform for technology purchases, raised $20M in Series A funding ([more]() - Kinetic, an automotive company that delivers digital maintenance and servicing for EVs and AVs, raised $21M in Series B funding ([more]() - Molten Industries, a company that converts natural gas into clean graphite and hydrogen, raised $25M in Series A funding ([more]() - GrayMatter Robotics, a robotics company delivering autonomous robotic solutions, raised $45M in Series B funding ([more]() CRYPTO - Saylor's MicroStrategy acquires 11.9K more Bitcoin for $786M ([more]() - Crypto Super PAC Fairshake raised $160 million by end of May ([more]() BULLISH BITES 🏀 Pursuits: Red Bull considers [NBA entry]( with new franchise in Las Vegas. 📈 AI’s Massive Surge: [Don’t miss the second wave.]( * 🎧 Listen: Inside the [players and politics]( of the modern AI industry. 🏦 Influence: What a reelected Trump could and couldn’t do to [sway the Fed](. 🏎 Next Level: This is Bugatti’s new [hypercar](, a $4 million, 1,800 horsepower hybrid. DAILY SHARE [tw profile: Jason Levin] Jason Levin @iamjasonlevin [tw] 2021 founders: 2024 founders: Jun 20, 2024 307 Likes 20 Retweets 19 Replies [tw profile: Trung Phan] Trung Phan @TrungTPhan [tw] Disneyland after selling someone 2 corn dogs, 3 Diet Cokes, a misting fan and plastic Mickey Mouse ears for $187 Jun 20, 2024 1.46K Likes 93 Retweets 21 Replies What did you think about today's briefing? - [⭐️⭐️⭐️⭐️⭐️ Excellent, keep it comin'!]( - [⭐️⭐️⭐️⭐️ Good stuff]( - [⭐️⭐️⭐️ It was alright]( - [⭐️ Needs work]( Have a comment or suggestion? 💌 [Send us a message](mailto:feedback@marketbriefing.com) [ADVERTISE]( | [SUBSCRIBE]( *from our partners Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. 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