💼 Turbulence

PLUS: Strike suspended -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 October 04, 2024 | [Listen Online]( | [Read Online]( Good morning. The Fast Five →[Â]([Port Union]( agrees to suspend strike, US facing economic [turbulence](, oil markets get a [jolt](, investors are [scrambling]( to get into ElevenLabs, and [OpenAI]( gets $4 billion revolving credit line … 🚨 Urgent: [The next phase of AI breakthroughs is closer than you think »]( A message from Porter Stansberry Calendar: (all times ET) - Full calendar [here]( - Today: US unemployment report, 8:30 am - Monday: Consumer credit, 3:00 pm Your 5-minute briefing for Friday, October 4: BEFORE THE OPEN As of market close 10/3/2024. Pre-Market: US Investor % Bullish Sentiment: ↓ 45.45% for Week of October 03 2024 Last week: 49.62%. Updates every Friday. Market Wrap: - Futures flat ahead of Friday's jobs report. - Port strike ends with tentative deal, talks extended. - Major indexes fall: Dow -0.44%, S&P -0.17%, Nasdaq -0.04%. - Oil up 5%, spurred by Middle East tensions. - September payrolls expected +150K, unemployment at 4.2%. - All indexes on track for weekly losses. EARNINGS No earnings watched today. See full earnings calendar [here](. HEADLINES [Port Union Agrees to Suspend Strike]( The International Longshoremen’s Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday. [US Facing Economic Turbulence Just as Recession Fears Eased]( War in the Middle East, a strike by port workers and a devastating hurricane have injected uncertainty into the U.S. economy. - Wall Street on edge as Mideast upstages economy ([more]() - Fed's paper losses top the $200 billion mark ([more]() - Oil markets get a jolt ([more]() - Dollar rally signals trader angst about global rate-cut path ([more]() - Money-market funds hit all-time high of $6.46 trillion ([more]() - Banks reclaim $30 billion of debt deals from private credit ([more]() - OpenAI gets $4 bln revolving credit line, giving it $10 bln in liquidity ([more]() - Hims stock falls after Lilly's weight-loss drug dropped from shortage list ([more]() - Southwest Air rises after billionaire buys $108 Million of shares ([more]() - Trump Media COO quits; DJT turns over more shares to SPAC investor in court fight ([more]() - Investors are scrambling to get into ElevenLabs, soon valued at $3 bln ([more]() A MESSAGE FROM PORTER STANSBERRY Investment of the Decade… I’ve had some big wins over the last twenty-five years. I called Amazon in 1999… Microsoft in 2006… And Nvidia in 2017. But what I’m revealing today could be [the biggest tech story of my career](. You see, I’ve uncovered a unique opportunity with artificial intelligence that NOBODY else has connected the dots. So, while millions of people are blindly dumping money into the latest AI stock or semiconductor firm with the delusional hopes of getting rich quick… They’re all missing the real opportunity with AI and, with it, what could [be the greatest investment story of the decade](. It’s something I call [“The AI Keystone,”]( and I believe it could be the biggest tech call of my career. [You can see all the details right here](. Porter Stansberry - sponsored message - DEALFLOW M+A | Investments - Cisco nears investment in CoreWeave at $23 billion valuation ([more]() - Talen Energy buys stake in nuclear-powered bitcoin mining campus ([more]() - Platinum Asset agrees to takeover talks with hedge fund Regal ([more]() - DSV starts €5 billion share sale for DB Schenker takeover ([more]() - Blue Owl in talks to buy IPI Partners for about $1 billion ([more]() - Tray, cloud-native enterprise POS systems, received a strategic investment from Alraedah Finance ([more]() - Sunny Communications, a provider of refurbished land mobile radio communication equipment, received an investment from Sound Growth Partners ([more]() VC - Powin, a company specializing in battery energy storage solutions, raised $200M in Debt Capital from KKR ([more]() - Crescendo, an augmented-AI customer experience platform, raised $50M in funding ([more]() - Mstack Chemicals, a cross-border speciality chemical manufacturing platform, raised $40M in Series A funding ([more]() - Integrated Biosciences, a synthetic biotech company developing therapeutics for age-related diseases, raised $17M in Seed funding ([more]() - Rezilient Heath, a tech-enabled healthcare company, closed a $10M Series A funding round ([more]() - Avarra, an enterprise avatar and AI-simulation company, raised $8M in Seed funding ([more]() - 3Laws Robotics, a company specializing in dynamic safety solutions for autonomous systems, raised $4.1M in Seed funding ([more]() - Kapa.ai, a startup that works with developers to turn their knowledge base into reliable AI assistants, raised $3.2M in seed funding ([more]() - Paren Inc., a software platform powering electric mobility with unified data insights, raised $3M in its first round of financing ([more]() - Empathy Health Technologies, an app that supports individuals on their recovery journey, raised approximately $2.8M in Seed funding ([more]() - AI Tech Dragons, a platform that connects AI model creators with consumers, raised an undisclosed amount in Series A funding ([more]() CRYPTO - Bitcoin dominance nears 3-year high amid altcoin weakness ([more]() - Crypto may be surprise winner of US election, regardless of next president ([more]() - Cryptocurrency at center of SEC dispute tumbles as agency appeals judgment ([more]() BULLISH BITES 🚨 BlackRock CEO: [This will curb inflation…]( * 🏃🏻‍♂️ The Chase: Bloomberg digs into Google's [frantic efforts]( to develop a reasoning AI similar to OpenAI's o1. 🎉 Startup: Inside Elon Musk's [recruiting party]( for xAI. 🚘 Futuristic: The future of EV charging looks a lot like an [airport lounge](. ⛵️ Bon Voyage: These old-school sailing ships transport cargo across the sea—and [you’re invited](. [DAILY SHARE]( [tw profile: Autism Capital 🧩] Autism Capital 🧩 @AutismCapital [tw] 5:13 PM • Oct 3, 2024 328 Likes 14 Retweets 38 Replies [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] Ahh, that makes more sense. 😅 $BTC 3:30 AM • Oct 4, 2024 75 Likes 10 Retweets 5 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. 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