💼 Back in the club

PLUS: DOJ probes Super Micro Computer -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 September 27, 2024 | [Listen Online]( | [Read Online]( Good morning. The Fast Five → [China stocks]( set for best week since 2008, Harris, Dem sweep could mean massive [tax hike]( for S&P 500 companies, [silver surges]( to the highest since 2012, DOJ probes [Super Micro Computer](, and [Nvidia is back]( in the $3 trillion club… 📈 [Did you miss out on the AI boom? Here’s your second chance »]( * A message from Behind The Markets Calendar: (all times ET) - Full calendar [here]( - Today: PCE index, 8:30 am Consumer sentiment, 10:00 am - Monday: [no notable] Your 5-minute briefing for Friday, September 27: BEFORE THE OPEN As of market close 9/26/2024. Pre-Market: US Investor % Bullish Sentiment: ↓ 49.62% for Week of September 26 2024 Last week: 50.83%. Updates every Friday. Market Wrap: - S&P hit a record, up 0.40% to 5,745.37. - Nasdaq gained 0.60%, Dow added 260 points, +0.62%. - Micron surged 14.7% on strong guidance; SMH ETF +2.9%. - Strong jobless claims, durable goods data eased slowdown fears. - Q2 GDP steady at 3%, reinforcing economic strength. EARNINGS No earnings being watched today. See full earnings calendar [here](. HEADLINES [China Stocks Set for Best Week Since 2008]( Chinese stocks are headed for the best week since 2008 as Beijing rolled out a huge stimulus package to revive the economy. [Harris, Dem Sweep Could Mean a $2.2 Trillion Tax Hike for S&P 500 Companies]( ‘Investors should pay heed to Democratic prospects,’ Cap Alpha analyst Lucier says - S&P 500 notches fresh record ahead of PCE data ([more]() - Low weekly jobless claims, big corporate profits show economy's resilience ([more]() - Post-pandemic economic growth revised higher in annual update ([more]() - Silver surges to highest since 2012 as precious metals rally ([more]() - Wells Fargo sends Fed a crucial review for lifting asset cap ([more]() - Super Micro shares tumble 15% after DOJ opens probe into company ([more]() - Nvidia is back in the $3 trillion club—and Huang is $2 billion richer ([more]() - Southwest Airlines stock soars after it lays out overhaul ([more]() - OpenAI CEO denies exec departures linked to restructuring ([more]() - Citi, Apollo join forces in $25 billion private credit push ([more]() - US IPOs set to extend recovery after staging a solid comeback ([more]() - Power thirst complicates ESG investors' love affair with tech stocks ([more]() A MESSAGE FROM BTM Your 2nd Chance to Play the $15 Trillion AI Boom The recent AI boom might be the biggest profit opportunity of our lifetime. So far... NVIDIA soared over 1,600%... SMCI soared 1,520%... MSTR is up over 1,000%... But if you missed out on these monster runs so far - don't worry. Because [there's one overlooked "AI stock" that could outperform them all.]( Every single AI company on the planet needs what this tiny firm is producing. Even OpenAI's Sam Altman admits the future of AI "depends" on this company. Best of all, it's currently trading for only $16. But it likely won't stay this cheap for long. [Click here to get the ticker]([]( - sponsored message - DEALFLOW M+A | Investments - Salesforce has signed a definitive agreement to acquire Zoomin, a data management provider for unstructured data ([more]() - Visa acquires Featurespace, a developer of real-time AI payments protection technology ([more]() - Appfire, enterprise collaboration solutions built for your team, ecosystem, and best work, acquired JXL, a Jira issue editor and organizer ([more]() - Juice Media, an omnichannel media and advertising platform, acquired Mooko Media, a mobile/social performance agency and Media Design Group, a linear and streaming specialist ([more]() - PLACE, a real estate industry’s business, and consumer services platform for teams, acquired Livian, a provider of a team servicing platform ([more]() - BNP Associates, a provider of an air transportation design and engineering firm, received an investment from Godspeed Capital Management ([more]() - Cyvatar, a cybersecurity platform serving SMB’s, startups, and supply chains, received revenue-based financing from Decathlon Capital Partners ([more]() - PK Companies Group, a provider of inspections, repair and maintenance, and safety services, received an investment from DC Capital Partners ([more]() - Welltory, a provider of a personalized health and wellness app, received a $3M credit facility from Bravo Capital ([more]() VC - Quorum, a unified data optimization platform for marketers and publishers, raised an undisclosed amount in Seed funding ([more]() - Observe, a SaaS observability company, raised $145M in Series B funding ([more]() - Mews, a hospitality cloud company, raised $100M in funding ([more]() - Mendaera, a healthcare tech company developing a handheld robotic interventional platform, raised $73M in Series B funding ([more]() - Utility Global, an off-gas-to-value company providing its proprietary eXERO™ gas production technology, raised $53M in ongoing Series C funding ([more]() - Gladly, a company specializing in customer service innovation, raised $40M in funding ([more]() - Prepared, an AI platform built for emergency communications, raised $27M in Series B funding ([more]() - 3D Cloud, a company specializing in 3D digital asset management, raised $20M in growth funding ([more]() - Bot Auto, an autonomous vehicle tech company, raised $20M in Pre-A funding ([more]() - K1x, a SaaS fintech provider of K-1 data aggregation and reporting for the capital markets, received $20M in funding ([more]() - AmpUp, a provider of an electric vehicle charging platform, raised $15M in Series A funding ([more]() - Micropep, a company specializing in micropeptide crop protection technologies, raised additional $11M in funding ([more]() - Eradivir, a preclinical biotech company that develops antiviral therapeutics, raised $10.25M in Series A funding ([more]() - Looma, an in-store digital media company, raised $10M in funding ([more]() - C2N, a diagnostics company developing Precivity blood tests, raised $7.025M in funding ([more]() - DefectDojo, a company specializing in scalable application security, raised $7M in funding ([more]() - Tetrix, an AI-powered analysis platform for capital allocators, raised $5M in Seed funding ([more]() - Highfive, an EdTech company, raised $250K in Seed funding ([more]() CRYPTO - Bitcoin climbs past $65,000 ahead of $5.8 billion options expiry ([more]() - Robinhood, Revolut explore joining $170 billion stablecoin market ([more]() BULLISH BITES 🚀 Overlooked? [The $16 “AI Stock” that could outperform them all]( * 🎭 We See You: OpenAI takes its [mask]( off. ⚖️. Indicted: NYC Mayor was [corrupt]( for years, US claims in scathing case. 💸 Disposal: Peter Thiel has now sold $1 billion of Palantir stock this year. 😎 ‘Hip’ Codes: The [10 coolest]( neighborhoods in the world. DAILY SHARE [tw profile: sophie] sophie @netcapgirl [tw] what did i know [tw profile: sophie] sophie @netcapgirl drop the non, just “profit” it’s cleaner x.com/aaronpholmes/s… 6:13 PM • Sep 26, 2024 4.29K Likes 100 Retweets 36 Replies [tw profile: Douglas A. Boneparth] Douglas A. Boneparth @dougboneparth [tw] How to become a multi-billionaire: 1. Start a non-profit company 2. Raise billions of dollars 3. Convert to a for-profit company 4:00 PM • Sep 26, 2024 2.06K Likes 143 Retweets 140 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. 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, a Capital Media publication 99 Wall St, Ste 314 New York, NY 10005, United States of America [[beehiiv logo]Powered by beehiiv]( [Terms of Service](