💼 Investors spooked

PLUS: Port strike could reignite inflation -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 October 02, 2024 | [Listen Online]( | [Read Online]( In partnership with Good morning. The Fast Five →[Â]([Escalating]( Middle East tensions spook investors, port strike could [reignite]( inflation, Japan’s ‘[carry trade](’ slowly begins to unwind, [Anthropic]( hires OpenAI co-founder, and [Nike]( withdraws guidance, stock falls… 💰 Protect your wealth during inflation and global conflicts: [Download this]([free]([Wealth Protection Kit (3 Guides)]( and get answers to your most common questions. Courtesy of All American Assets Calendar: (all times ET) - Full calendar [here]( - Today: no notable - Tomorrow: Initial jobless claims, 8:30 am Factory orders, 10:00 am Your 5-minute briefing for Wednesday, October 2: BEFORE THE OPEN As of market close 10/1/2024. Pre-Market: US Investor % Bullish Sentiment: ↓ 49.62% for Week of September 26 2024 Last week: 50.83%. Updates every Friday. Market Wrap: - Stocks fell as Middle East tensions rose. - Dow down 173 points, S&P -0.93%, Nasdaq -1.53%. - CBOE Volatility Index hit 20, signaling rising fear. - Meta hit an all-time high while Tesla, Nvidia, and Apple dropped. - Energy stocks gained 2%. - Traders monitor longshoremen strike and upcoming nonfarm payrolls. EARNINGS Here’s what we’re watching this week: - Today: Levi Strauss ([LEVI]() - Thursday: Constellation Brands ([STZ](), Tilray ([TLRY]() See full earnings calendar [here](. HEADLINES [Escalating Middle East Tensions Spook Investors]( Investors rush to safe havens like Treasuries and gold. Oil prices jump amid fears of supply disruptions. Upcoming US election and jobs report add to market uncertainty. [Port Strike Could Reignite Inflation]( A strike hitting ports along the East and Gulf coasts could stoke prices for food, autos and a host of other consumer goods. - US port strike adds another uncertainty to Fed's outlook ([more]() - No signs of labor market deterioration as job openings rebound ([more]() - VIX jumps as tensions in Middle East intensify ([more]() - Fed liquidity tools see demand ease amid new repo market anxieties ([more]() - Oil prices rise 3% after Iran launches missiles at Israel ([more]() - Japan’s $4 trillion ‘carry trade’ begins to slowly unwind ([more]() - Nike withdraws annual revenue forecast, shares drop 6% ([more]() - Apple accused by US labor board of imposing illegal workplace rules ([more]() - OpenAI introduces new tools to fast-track building of AI voice assistants ([more]() - Anthropic hires OpenAI co-founder Durk Kingma ([more]() - 500 Starbucks locations have voted to unionize as labor talks continue ([more]() - CVS explores options including potential break-up ([more]() TOGETHER WITH CONFLUENCE VC Get your news where Silicon Valley gets its news 📰 The best investors need the information that matters, fast. That’s why a lot of them (including investors from a16z, Bessemer, Founders Fund, and Sequoia) trust this free newsletter. It’s a five minute-read every morning, and it gives readers the information they need ASAP so they can spend less time scrolling and more time doing. [Subscribe for free]( DEALFLOW M+A | Investments - Drug giant Pfizer sells $3.3B stake in Sensodyne-maker Haleon ([more]() - Ares nears buyout of Form Technologies with $1 billion financing ([more]() - Abu Dhabi's ADNOC to buy German chemicals firm Covestro for $16B ([more]() - Eros Resources to merge with Canadian mining rivals ([more]() - Science Exchange, life sciences procurement and supplier management SaaS solutions, was acquired by Waud Capital Partners ([more]() - Hotelrunner, a travel and hospitality tech platform, acquired Bookingate, a platform for travel providers to access and distribute hotel inventory ([more]() - Gloo, a tech platform connecting the faith ecosystem, acquired withSoul, a company infusing a Biblical lens into the media that people consume ([more]() - Teamfront, a partner for founder-owned field services software companies, acquired Xcelerate, job management software for the restoration industry ([more]() - Mako Networks, cloud-managed networks for distributed enterprises, acquired Traverse Technologies, a partner providing a PCB-level development of components and hardware devices ([more]() - AgileDD, an AI platform capturing information from domain-specific and technical documents, received an investment from Qlarant Capital ([more]() - Personal AI, a firm that develops an AI persona training platform for enterprise, received a strategic investment from BDev Ventures ([more]() - Salute Holdings, asset management services for the data center industry, received an investment from New Mountain Capital ([more]() - Valerion, a battery technology company, received funding from Hest investments ([more]() VC - Kailera Therapeutics, a clinical-stage biopharmaceutical company, launched with $400M in Series A funding ([more]() - Impulse Space, an innovator in the development of in-space transportation services, raised $150M in Series B funding ([more]() - Eon, a cloud backup solution provider, announced its launch from stealth, having raised a total of $127M in funding ([more]() - Nusano, a physics company transforming the production of radioisotopes, raised over $115M in Series C funding ([more]() - Nym, a leader in autonomous medical coding, raised $47M in growth funding ([more]() - Numa, an AI platform for auto dealerships, raised $32M in Series B funding ([more]() - StrataPT, a practice management platform for outpatient therapy clinics, secured $25M in financing ([more]() - xtype, a software company for management on the ServiceNow platform, raised $21M in Series A funding ([more]() - Rogo, an enterprise AI platform for finance professionals, raised $18.5M in Series A funding ([more]() - Salient Motion, an aerospace and defense component supplier, raised $12M in total funding ([more]() - DocJuris, a company specializing in AI contract review, raised $8M in Series A funding ([more]() - Artisan, a company deploying human-like AI employees, raised $7.3M in seed funding ([more]() - Thread AI, a composable AI infrastructure platform for enterprises, raised $6M in seed funding ([more]() - Future Trash, a multidisciplinary creative studio, raised $5M in funding ([more]() - JOYA, an employee skin health and wellness benefit platform, raised $5M in Seed funding ([more]() - Runware, a media generation API startup, raised $3M in seed funding ([more]() CRYPTO - Bitcoin falls as investors retreat to haven assets amid conflict ([more]() - Investors hope October paves way for records as cryptocurrency enters historically strong month ([more]() BULLISH BITES 🚨 The Financial Storm of 2024: [How to keep your savings safe]( * 👋 Tracking: A comprehensive list of [2024 tech layoffs](. 📉 Tech Fatigue: How the [decline]( of the SaaS market affects all tech startups. 🖥 DIY: How to [make your own]( encrypted VPN server in 15 minutes. 💍 Wearables: They reviewed six smart rings, but [only one]( ring could rule them all. DAILY SHARE [tw profile: High Yield Harry] High Yield Harry @HighyieldHarry [tw] VCs listening to JD Vance talk 1:35 AM • Oct 2, 2024 770 Likes 23 Retweets 8 Replies [tw profile: Trung Phan] Trung Phan @TrungTPhan [tw] Spirit Halloween just dropped a port strike costume. They move way too fast. 6:14 PM • Oct 1, 2024 1.02K Likes 97 Retweets 31 Replies [tw profile: kache] kache @yacineMTB [tw] 6:05 PM • Oct 1, 2024 5.05K Likes 280 Retweets 40 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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