💼 Ports strike

PLUS: Rally shakes off Powell -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 October 01, 2024 | [Listen Online]( | [Read Online]( Good morning. The Fast Five →[Â](Rally [shakes off]( Powell, [port workers strike]( on east and gulf coasts, [gold]( has best quarter in four years, [Softbank]( to invest $500M in OpenAI, and [Nvidia rival]( files for IPO … 📊 Exclusive: [How this One Stock Could Make You Money in ANY Market »]( A message from BTM Calendar: (all times ET) - Full calendar [here]( - Today: Job openings, 10:00 am - Tomorrow: no notable Your 5-minute briefing for Tuesday, October 1: BEFORE THE OPEN As of market close 9/30/2024. 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 closed at a record, up 0.42% to 5,762.48. - Dow +0.04%, Nasdaq +0.38%; all hit record highs. - Fed Chair Powell hinted at more rate cuts, no set path. - Investors optimistic, but October brings volatility risk. - Key labor data to provide more economic insight this week. EARNINGS Here’s what we’re watching this week: - Today: McCormick ([MKC]() - [Lamb Weston (LW)]( - earnings of $.71 per share (-56.4% YoY) on $1.6 billion revenue - [Nike (NKE)]( - earnings of $.52 per share (-44.7% YoY) on $11.7 billion revenue (-9.3% YoY) - Wednesday: Levi Strauss ([LEVI]() - Thursday: Constellation Brands ([STZ](), Tilray ([TLRY]() See full earnings calendar [here](. HEADLINES [Stocks Rally Shakes Off ‘Tiny Bit Hawkish’ Powell]( Stocks eked out a gain in the final minutes of US trading, even after Federal Reserve Chair Jerome Powell signaled he was in no hurry to make further interest-rate cuts. [Port Workers Strike on East and Gulf Coasts]( Members of the International Longshoremen’s Association walked out for the first time since 1977 in a standoff over wages, benefits and job security. - Record run steers gold to best quarter in four years ([more]() - Dollar’s losing streak keeps traders wary as Fed cuts rates ([more]() - Oil steadies as mideast tensions vie with Libyan supply outlook ([more]() - Second oil company CEO conspired with OPEC to keep prices high ([more]() - FTC clears Chevron-Hess deal, bans John Hess from board ([more]() - Global investors call time on their exodus from China ([more]() - Boeing strike enters third week ([more]() - Nvidia stock slips on China trade fears ([more]() - Nvidia rival Cerebras Systems files for IPO (more) - SoftBank to invest $500M in OpenAI ([more]() - Ford to give free EV home charging stations to EV buyers ([more]() - Nuclear power's AI renaissance ([more]() A MESSAGE FROM BTM Can just one ticker lead to a successful retirement? The legendary Ex-Wall Street CEO who predicted the 2008 financial crisis is finally revealing his unique strategy: He calls it ["The Last Retirement Stock You'll Ever Need"]( In this exclusive report, he'll explain how you could help secure your retirement - in any kind of market - using just ONE stock. [Click here to get the ticker ]( Simmy Adelman, Publisher Behind the Markets - sponsored message - DEALFLOW M+A | Investments - DirecTV to acquire Dish in merger of satellite TV rivals ([more]() - Marsh McLennan to acquire McGriff Insurance in $7.8B deal ([more]() - Mizuho acquires minority stake in private credit investor Golub ([more]() - PepsiCo in talks to buy Siete Foods for over $1 billion ([more]() - Pfizer to sell about $3.25B stake in Sensodyne-maker Haleon ([more]() - Equativ, an ad tech company, announced the strategic acquisition of Kamino Retail, an on-site retail media platform designed for retailers ([more]() - Davenforth, a managed IT, voice, and networking platform, acquired TeleCloud, a cloud communication and connectivity provider, and Third Generation, cloud communication services ([more]() - Valerio Therapeutics, a clinical-stage biotech company, acquired Emglev Therapeutics, an antibody-based therapeutics company ([more]() - Creative Planning, an independent wealth management firm, received an investment from TPG Capital ([more]() - C2N Diagnostic, a company developing Alzheimer’s disease-specific fluid biomarker tests, received a $15M investment from GHR Foundation ([more]() VC - Aktis Oncology, a clinical-stage biotech company, closed a $175M Series B financing ([more]() - HungryPanda, an overseas Asian food delivery platform, closed a $55M refinancing and fundraise ([more]() - HPC-AI Tech, an AI startup specializing in AI Software Infrastructure and Video Generation, raised $50M in Series A funding ([more]() - Apono, a leader in privileged access for the cloud, raised $15.5M in Series A funding ([more]() - Neeve, a cloud platform-as-a-service for smart buildings and spaces, raised $15M in funding ([more]() - Wispr, a company building a natural way to interact with technology, raised $12M in funding ([more]() - Lucky Energy, an energy drink company, raised $11.75M in Series A funding ([more]() - Loti AI, a company specializing in likeness protection technology, received an add'l undisclosed amount in Seed funding from Khosla Ventures ([more]() - Ensemble, an enterprise machine learning startup, raised $3.3M in seed funding ([more]() CRYPTO - Bitcoin drops back below $65,000 to finish September on a down note ([more]() - Trump’s crypto venture begins sign-ups while business purpose remains unclear ([more]() - MicroStrategy's next Bitcoin purchase is likely to take its holdings above Grayscale's GBTC ([more]() BULLISH BITES 🚨 Exclusive: [The last retirement stock you’ll ever need?]( * 💼 Next Level: The rise of the "[intern CEO](." ✋ Back Off: The VC buying up prized real estate in SF says not to ‘[listen to agitators’](. 🧬 Going, Going… Remember [that DNA]( you gave 23andMe? 🍸 Shaken, Not Stirred: The world’s first official James Bond bar just opened in London—[here’s a look inside](. DAILY SHARE [tw profile: Trung Phan] Trung Phan @TrungTPhan [tw] Me investing in Chinese equities even though I have no idea what any of the companies do but read somewhere that the government started the biggest stimulus program since 2008 (worth ~$500B) and some brokerages are staying open 24/7 to onboard new investors 2:57 PM • Sep 30, 2024 826 Likes 73 Retweets 30 Replies [tw profile: wallstreetbets] wallstreetbets @wallstreetbets [tw] facts 💯 6:42 PM • Sep 30, 2024 3.56K Likes 329 Retweets 149 Replies [tw profile: sophie] sophie @netcapgirl [tw] unmuting at the end of a call just to say “nothing from my end, thanks” 7:56 PM • Sep 30, 2024 68.7K Likes 5.66K Retweets 62 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. 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