💼 The rally begins

PLUS: Big Tech CEOs applaud Trump -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 November 07, 2024 | [Listen Online]( | [Read Online]( In partnership with Good morning. The Fast Five →[Â](Big Tech CEOs [applaud]( Trump's win, Fed expected to [cut interest rates]( today, ‘America First’ sweeps Wall St with echoes of [2016 playbook](, Xi congratulates Trump urging stable [US-China ties](, and [DOJ set to drop cases]( against Trump before inauguration… From Our Research Partners: [Buffett, Tepper, and Dalio: Why the World’s Richest Are Investing Here (Behind The Markets)]( [Gold headed above $5,000? (Stansberry Research)]( [Wall Street is Selling NVDA At a Record Rate – Here’s Why (Chaikin Analytics)]( Calendar: (all times ET) - Full calendar [here]( - Today: Initial jobless claims, 8:30a Fed interest rate decision, 2:00p Powell press conference, 2:30p - Tomorrow: Consumer sentiment, 10:00a Your 5-minute briefing for Thursday, November 7: BEFORE THE OPEN As of market close 11/6/2024. Pre-Market: US Investor % Bullish Sentiment: ↑ 39.49% for Week of October 31 2024 Last week: 37.70%. Updates every Friday. Market Wrap: - Futures steady post-Trump rally; Dow, S&P 500, Nasdaq hit records - Post-election surge: Dow +1,500 points, Russell 2000 +5% - Bitcoin, USD, banks rise; solar and international funds lag - Fed rate decision today; 100% chance of cut per CME EARNINGS Here’s what we’re watching this week. - Today: Airbnb ([ABNB](), Capri ([CPRI](), Hershey ([HSY](), Moderna ([MRNA](), Rivian ([RIVN](), Tapestry ([TPR]() - [DraftKings (DKNG)]( - expect loss of $.42 per share on $1.1 bln (+39.2% YoY) See full calendar [here](. HEADLINES [Big Tech CEOs Applaud Trump's Win]( Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win. [’America First’ Sweeps Wall Street With Echoes of 2016 Playbook]( Trump’s return to the White House is adding fresh ammo to a decade-long investment strategy that echoes his “Make America Great Again” mantra in a replay of the 2016 playbook. - The Trump rally begins ([more]() - Fed expected to cut interest rates again today ([more]() - Stocks surge to record highs as Trump returns to presidency ([more]() - Xi congratulates Trump on victory, urges stable US-China ties ([more]() - Wall St’s Trump gamble paying off as ETF bets vindicated ([more]() - 10-yr Treasury posts huge leap to 4.46% on Trump win ([more]() - Oil climbs after election jolt as traders weigh impact ([more]() - Firm dollar keeps peers on back foot ahead of Fed decisions ([more]() - China stocks fall after Trump's tariff promises loom ([more]() - Trump-Musk relationship puts spotlight on global EV industry ([more]() - Goldman, Citi soar with Trump poised to deliver deregulation ([more]() - DOJ set to drop Federal cases against Trump before inauguration ([more]() TOGETHER WITH THE RUNDOWN AI Learn AI in 5 minutes a day. [The Rundown]( is the world’s most trusted AI newsletter, with over 700,000+ readers staying up-to-date with the latest AI news, understanding why it matters, and learning how to apply it in their work. Their expert research team spends all day learning what’s new in AI, then distills the most important developments into one free email every morning. [Sign up.]( DEALFLOW M+A | Investments - Blackstone strikes $4 Billion deal for shopping-center Landlord ([more]() - Advent, Apollo among potential bidders for Reckitt's homecare assets ([more]() - The Bank of New York Mellon Corp., a global financial services company, acquired Archer Holdco, LLC, a tech-enabled service provider of managed account solutions to the wealth management industry ([more]() - QSR Automations, a company providing restaurant technology solutions, received a majority investment from Battery Ventures ([more]() VC - Research Grid, an AI startup that helps medical research institutions automate back-office admin for clinical trials, raised $6.5M in funding ([more]() CRYPTO - Polymarket’s French whale scores a $48 million Trumpjackpot ([more]() - ‘A New American Renaissance:’ Crypto celebrates Trump’s return ([more]() BULLISH BITES 🚨 Investor Alert: [Why are billionaires betting on this 165-year old investment?]( * 🇺🇸 2024 Election: [Historic firsts]( you might have missed. 🙌 The other election night winner: [Perplexity]( ☕️ Keep It Simple: New Starbucks CEO [scouted]( cafes before taking over — here’s what he’s tackling first… 🤖 Redirection: Did OpenAI just spend more than [$10 million on a URL](? [DAILY SHARES]( [tw profile: litquidity] litquidity @litcapital [tw] Investment bankers realizing that Lina Khan will be gone soon 7:11 PM • Nov 6, 2024 1.49K Likes 58 Retweets 10 Replies [tw profile: wallstreetbets] wallstreetbets @wallstreetbets [tw] bye bye gary 12:47 PM • Nov 6, 2024 1.85K Likes 194 Retweets 173 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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