💼 Fed ready

PLUS: Gunfire at Trump Golf Club latest jolt in campaign -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 September 16, 2024 | [Read Online]( Good morning. The Fast Five → Fed ready to [unshackle]( US economy, gunfire at Trump Golf Club [latest jolt]( in campaign, [S&P is surviving]( Big Tech’s slide, [gold hits]( another all-time high, and Biden increases some of Trump’s [China tariffs](… 🔥 Forget Microsoft and Google - [there’s a tiny “backdoor” AI company that could be a much better way to invest in this red-hot $15 trillion AI market »]( * A message from Traders Agency Calendar: (all times ET) - Full calendar [here]( - Today: Consumer sentiment, 10:00 am - Tomorrow: US retail sales, 8:30 am Business inventories, 10:00 am Your 5-minute briefing for Monday, September 16: BEFORE THE OPEN As of market close 9/12/2024. Bitcoin as of 9/15/2024. Pre-Market: US Investor % Bullish Sentiment: ↓ 39.80% for Week of September 12 2024 Last week: 45.33%. Updates every Friday. Market Wrap: - Stocks rose Friday, with S&P, Nasdaq having their best week of 2024. - S&P +0.54%, Nasdaq +0.65%, Dow +297 points (+0.72%). - Utilities, communication services, and industrials led. - Megacap tech and semis rallied: Super Micro +3.4%, Arm +5.9%, Alphabet +1.8%, Uber +6%. - Fed expected to cut rates by 25 bps this week. - August CPI: +2.5%, lowest since Feb 2021. EARNINGS Here’s what we’re watching this week: - Wednesday: - [General Mills (GIS)]( - earnings of $1.05 per share (-3.7% YoY) on $4.8B revenue (-2% YoY) - Thursday: Cracker Barrel ([CBRL](), Darden Restaurants ([DRI]() - [FedEx (FDX)]( - earnings of $4.85 per share (+6.6% YoY) on $22B revenue (+3.8% YoY) - [Lennar (LEN)]( - earnings of $3.63 per share (-6.2% YoY) on $9.2B revenue (+8.4% YoY) Full earnings calendar [here](. HEADLINES [Fed Ready to Unshackle US Economy With Soft Landing at Stake]( GDP to keep expanding while unemployment will remain relatively low, economists predict. [S&P is Surviving Big Tech’s Slide as ‘Other 493’ Catch Up]( Real estate and utilities are beating the Magnificent Seven. Lower rates, economic growth gives cyclical stocks a lift. - Gunfire at Trump Golf Club latest jolt in 2024 campaign ([more]() - Currencies listless as markets waffle over Fed rate cut ([more]() - Gold hits another all-time high, mega merger boosts metal's outlook ([more]() - Oil prices inch up on Fed rate cut outlook ([more]() - Biden finalizes increases to some of Trump’s China tariffs ([more]() - China’s deepening slowdown tests Xi’s tolerance for growth miss ([more]() - The big winners from PE’s boom are becoming clear ([more]() - Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline ([more]() - Boeing strike adds cash crunch to new CEO’s rescue mission ([more]() - Biden’s top trustbuster faces a battle to survive, even under Harris ([more]() - Wells Fargo in trouble with regulators again ([more]() - Disney and DirecTV reach carriage deal, restoring ABC, ESPN ([more]() - Icahn Enterprises wins dismissal of investor lawsuit ([more]() A Message from Traders Agency Bill Gates: “This Type of AI Will Be Worth Ten Microsofts” Microsoft just boosted its investment in OpenAI by as much as $10 billion. [Here’s the “backdoor” way that you can join them]( as an AI investor in this red-hot space. - sponsored message - DEALFLOW M+A | Investments - France's Rexel rebuffs $9.4B offer from Brad Jacobs-led QXO ([more]() - Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1B ([more]() - Mathias Döpfner, KKR said to near deal on Axel Springer split ([more]() - Bausch + Lomb working with Goldman Sachs to explore sale ([more]() - Canada's ABC Technologies proposes revised buyout of UK's TI Fluid ([more]() - Satellite-TV providers DirecTV and Dish are in talks to merge again ([more]() - SoftwareOne weighs deal for Crayon as Apax closes in ([more]() - HSBC in talks to sell South African unit to FirstRand ([more]() - Sony in talks to buy Pink Floyd music rights for about $500M ([more]() - UCL Swift, high-precision fiber optic termination products and connectivity solutions, acquired Accurate Connections, a manufacturer of custom fiber optic and copper cable assemblies ([more]() - ConnetctWise, a software company dedicated to the success of managed service providers, acquired Axcient, data protection and disaster recovery solutions, and SkyKick, a cloud management software company ([more]() VC - Second Front Systems, a public-benefit software company, closed a $70M Series C funding round ([more]() - Habitat Health, an integrated health care payer and provider, raised more than $50M in funding ([more]() - XP Health, a company providing a digital-first vision care platform, raised $33.2M in Series B funding ([more]() - Nirvana, a health tech company, raised $24.2M in Series A funding ([more]() - Every, a company enabling tech founders to set up an entire back office in one place, raised $22.5M in Series A funding ([more]() - Bounti, a company specializing in autonomous AI products for sales, raised $16M in funding ([more]() - Metabase Q, an IT cybersecurity management company, raised $11M in Series A extension funding ([more]() CRYPTO - Bitcoin eyes $60K and likely has more room to rally ([more]() - Guarding crypto is a lucrative business and Wall Street wants in ([more]() - MicroStrategy’s latest $1.1 bln Bitcoin purchase is largest since 2021 ([more]() BULLISH BITES 🚨 Breaking:[Â]([Big ticket investors are rushing into this “AI wonder stock” Check out how to join them right here](. * 🎲 All In: JD Vance [sells himself]( to Silicon Valley. 🇨🇳 Dried Up: The number of new startups founded in China has [fallen off a cliff]( - “the whole industry has just died before our eyes.” 🤖 First impressions: Techcrunch tests [OpenAI o1](, the AI designed to overthink it. 🎮 Guilty Pleasure: The LinkedIn games are [fun](, actually. DAILY SHARE [tw profile: sophie] sophie @netcapgirl [tw] [tw profile: Hunnyyyy] Hunnyyyy @xhunnyyx You are just one illegal business away from generational wealth. 5:40 PM • Sep 15, 2024 12.4K Likes 798 Retweets 32 Replies [tw profile: High Yield Harry] High Yield Harry @HighyieldHarry [tw] "Past a certain age a man still trying to break into investment banking can be a bad thing, believe me." 11:36 PM • Sep 14, 2024 3.12K Likes 82 Retweets 20 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 sponsor 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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