💼 Court decision

SCOTUS rules Trump has some immunity -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 July 02, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → [SCOTUS rules]( Trump has some immunity, Democrats weigh [July vote]( to formally tap Biden as nominee, [Tesla]( adds $45 billion as shares rebound, [Trump Media]( joins Russell Indexes, and "Roaring Kitty" buys [$245 million stake]( in Chewy… Calendar: (all times ET) Today: Jerome Powell speech in Portugal, 9:30a Consumer sentiment, 10:00a WED 7/3: Market closes early Initial jobless claims, 8:30a Factory orders, 10:00a THU 7/4: Market closed for July 4 FRI 7/5: Unemployment report, 8:30a Your 5-minute briefing for Tuesday, July 2: BEFORE THE OPEN As of market close 7/1/2024. Pre-Market: US Investor % Bullish Sentiment: ↑ 44.49% for Wk of June 27 2024 (Last week: 44.37%) *Updates every Friday. Market Recap: - US stock futures slightly down. - Wall St ended higher: Nasdaq +0.83%, S&P +0.27%, Dow +0.13%. - Tech stocks lead; concerns over market breadth. - Today: Powell speaks at ECB Forum, May job openings report due. - Markets close early tomorrow, shut Thursday for July 4th. - June jobs report out Friday. EARNINGS A light week of notable earnings: - Wednesday: - [Constellation Brands (STZ)]( - earnings of $3.46 per share (+18.9% YoY) on $2.7 billion revenue (+6.4% YoY). - Thursday: Stock market holiday Full earnings calendar [here](. Sponsored [Curious About AI's Next Big Winners? 🚀]( Eager to enhance your investment strategies with foresight? Dive into our intriguing report: "The Top 3 AI Stocks for 2024." Gain profound insights and uncover the secrets with just a click![Get Your Insights Now]( By clicking link you are subscribing to The Wealthiest Investor Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures]( HEADLINES [Trump Immunity Ruling Means Any Trial Before Election Unlikely]( The Supreme Court ruled that Donald Trump has some immunity from criminal charges over his efforts to overturn the 2020 election results. [Keith "Roaring Kitty" Gill Buys $245 Million Stake in Chewy]( Chewy stock is volatile Monday after Keith Gill, the investor known as Roaring Kitty, disclosed a 6.6% stake in the online pet retailer. - US manufacturing extends slump; inflation pressures ebbing ([more]() - Democrats weigh vote to formally tap Biden as nominee ([more]() - Biden to extend overtime protections for 1 million workers ([more]() - Oil trades near two-mo. high on mideast, hurricane concerns ([more]() - The yen could fall to 170 if the Bank of Japan disappoints ([more]() - Tesla adds $45 Billion as shares rebound ([more]() - Trump Media joins Russell Indexes after annual refresh ([more]() - BlackRock aims to ‘index the private markets’ after Preqin deal ([more]() - Chewy shares turn negative as the boost from Roaring Kitty’s new stake diminishes ([more]() - Paramount is hunting for a streaming partner ([more]() - Shein, Temu are swamping airfreight capacity, sending rates soaring ([more]() - Redbox DVD kiosk owner Chicken Soup For The Soul files for bankruptcy ([more]() Time to Sell NVDA? 50-Yr Wall Street Legend Weighs In Wall Street investors are selling their shares at a record pace. Even AI superfan Cathie Woods is offloading her shares. With the stock already up 63% in 2024 alone – is it too late to get in? One legendary stockpicker – with 50 years' experience on Wall Street – [just gave his answer, here.]( - sponsored message - DEALFLOW M+A | Investments - Boston Celtics’ majority owner puts team up for sale weeks after NBA championship ([more]() - Google buys stake in Taiwan solar power firm owned by BlackRock ([more]() - Blackstone to sell Japan supplement maker Alinamin to MBK for $2.2B ([more]() - Robinhood snaps up Pluto to add AI tools to its investing app ([more]() - ClientSuccess, a customer success platform, acquired Baton, a customer onboarding platform ([more]() - Fabric, a healthcare tech company providing a care enablement system, acquired MeMD, provider of virtual care benefits, from Walmart Inc ([more]() - Barn2Door, a software company helping farmers sell direct to market, received funding from Decathlon Capital Partners ([more]() - Kimbel Mechanical Systems, Inc., a mechanical contractor, received an investment from Good Spring Capital ([more]() VC - N-Power Medicine, a company specializing in clinical trial processes, raised an undisclosed amount in Series B funding ([more]() - LiveOak Fiber, a regional broadband service provider, raised $250M in financing ([more]() - ZeroEyes, an AI-based gun detection video analytics platform, raised $53M in Series B funding ([more]() - K Health, an AI primary care platform, raised $50M in funding ([more]() - Pieces, a developer productivity tech startup, raised $13.5M in Series A funding ([more]() - Kanvas Biosciences, a spatial biology company, raised additional $12.5M in funding ([more]() CRYPTO - Bitcoin's potential rebound May face resistance at $65K ([more]() - Sony to restart Japanese crypto exchange Whalefin purchased from Amber Group in 2023 ([more]() - Bulk of SEC case against Binance, Zhao can proceed, judge rules ([more]() BULLISH BITES ✅ Check-up: [Here’s where the US economy stands]( halfway through 2024 🔥 Wall St. Veteran: ["This could be the biggest stock story of 2024"]( * ✍️ New Rules: What the new IRS guidance on [crypto tax]( reporting means for investors. 💸 ’Upflation’: The latest [retail trend]( driving up prices for US consumers. 👎 Low Interest: A [new poll]( by Techstars finds that entrepreneurs prefer being acquired to going public by more than two to one. 🎥 More to the story: Longer video of ex-Moelis banker shows [escalation]( before punch. DAILY SHARE [tw profile: Wall Street Silver] Wall Street Silver @WallStreetSilv [tw] Trump has immunity now to drive in the HOV express lanes by himself. 12:22 AM • Jul 2, 2024 431 Likes 27 Retweets 38 Replies [tw profile: Dr. Parik Patel, BA, CFA, ACCA Esq.] Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA [tw] The last thing you see before receiving a $500k bill for a PowerPoint delivered by three 22 year olds telling you to increase revenue and reduce costs 9:02 PM • Jul 1, 2024 9.16K Likes 442 Retweets 57 Replies [tw profile: Autism Capital 🧩] Autism Capital 🧩 @AutismCapital [tw] As much as we want it to be true, we're pretty sure that Zelenskyy's wife did not just buy a $4.5M Bugatti Tourbillion with American taxpayer money 😂 11:05 PM • Jul 1, 2024 357 Likes 23 Retweets 53 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. 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