💼 Fed cuts rates (again)

PLUS: Nvidia surpasses $3.6 trillion market value -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 November 08, 2024 | [Listen Online]( | [Read Online]( In partnership with Good morning. Note: No briefing on Veterans Day (Monday, 11/11.) Market Briefing will resume on Tuesday, 11/12. The Fast Five →[Â]([Fed cuts rates]( again, [key takeaways]( from Fed decision, stocks keep [climbing]( as postelection rally rolls on, Amazon mulls [multi-billion dollar investment]( in Anthropic, and [Nvidia surpasses]( $3.6 trillion market value… 📈 [What Trump’s victory means for GOLD »]( From Stansberry Research Calendar: (all times ET) - Full calendar [here]( - Today: Consumer sentiment, 10:00 am - Monday: Veteran's Day holiday, bond market closed. Your 5-minute briefing for Friday, November 8: BEFORE THE OPEN As of market close 11/7/2024. Pre-Market: US Investor % Bullish Sentiment: ↑ 41.54% for Week of November 07 2024 Last week: 39.48%. Updates every Friday. Market Wrap: - Futures edge up as S&P, Nasdaq hit record highs in postelection rally - Yesterday: S&P up 0.7%, Nasdaq tops 19,000; Dow slightly down - Fed cuts rates 0.25%, Powell “feeling good” on economy - Market upbeat on Trump’s growth, deregulation stance; inflation fears linger - Weekly gains: S&P +4.3%, Dow +4%, Nasdaq +5.6% 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 [Fed Cuts Rates Again]( The Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 basis points, to a target range of 4.50%-4.75%. [Stocks Keep Climbing as Postelection Rally Rolls On]( Big tech stocks push higher, while the financial and industrial sectors pull back after Wednesday’s big gains. - Key takeaways from Fed decision to cut rate by quarter point ([more]() - US weekly jobless claims up slightly; unit labor costs stir inflation fears ([more]() - US wholesale inventories revised lower in September ([more]() - 30-yr fixed-rate mortgage rise to four-month high of 6.79% ([more]() - Asian stocks climb on Wall Street's lead; dollar sags after Fed cut ([more]() - Central banks around the world grapple with the return of Trump ([more]() - Trump’s top priorities will include tax cuts and tariffs, says Mnuchin ([more]() - Top trader Vitol eyes metals market as oil demand set to peak in 10 years ([more]() - Nvidia surpasses $3.6 trillion market value after Trump win ([more]() - Amazon mulls new multi-billion dollar investment in Anthropic ([more]() - Wall Street expects Trump presidency will unlock deal-making ([more]() TOGETHER WITH THE MODE MOBILE Mode Mobile saw 32,481% revenue growth over 3 years with this $martphone innovation 👀 ⏰ We spend over 30 hours a week on smartphones. Mode monetizes this usage, turning phones into potential income generators. It mirrors what Uber and Airbnb did with cars and homes — and it’s also a [$1 trillion market opportunity.]( 🫴 Mode’s Pre-IPO offering1 is live at $0.25/share — [lock in up to 100% bonus shares]([2]([while the raise lasts.]([3]( [Claim this exclusive bonus while you can!]( 1 Mode Mobile currently has no formal plans for an IPO. 2 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+. 3 Please read the offering circular and related risks at [invest.modemobile.com](. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering. Past performance is no guarantee of future results. Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck. DEALFLOW M+A | Investments - AT&T buys US Cellular sells Spectrum assets for $1 Billion ([more]() - BlackRock in talks about a strategic tie-up with Millennium ([more]() - Hollywood superagent Emanuel looks to buy tennis tournaments, art fair ([more]() - SocGen's car leasing unit Ayvens attracting buyout interest ([more]() - IonQ, a quantum computing company, acquired Qubitekk, Inc., a quantum networking company ([more]() - XRHealth, a provider of therapeutic VR and extended reality XR solutions, acquired NeuroReality, a VR games company ([more]() - UtilityInnovation Group, a company specializing in utility systems and decentralized energy solutions, received an investment from Volvo Penta ([more]() VC - Boston Materials, a manufacturer of advanced materials for semiconductors and aircraft platforms, raised $13.5M in funding ([more]() - Parallel Fluidics, a microfluidic device manufacturer, raised $7M in Seed funding ([more]() - Embed Security, an agentic security platform, raised $6M in funding ([more]() - Acai Travel, a software platform using AI for travel operations, raised $4M in Seed funding ([more]() - Thesys, a user interface startup focused on AI apps, raised $4M in seed funding ([more]() - Symbiotic Security, a company providing real-time security for software development, raised $3M in Seed funding ([more]() - Cloverleaf AI, a provider of solutions for government contractors, raised $2.8M in Seed funding ([more]() - Corgea, a cybersecurity startup providing an AI-powered security platform, raised $2.6M in Seed funding ([more]() - Pibox, an audio collaboration platform, raised $1.2M in funding ([more]() CRYPTO - Polymarket plans U.S. return after signaling Trump election win ([more]() - Cryptocurrencies tainted by SEC suits surge after Trump victory ([more]() BULLISH BITES 🚀 Investor Alert: [Election results could send gold to even higher highs]( * 🤖 Too Late? How Samsung [fell behind]( in the AI boom leading to a $126 billion wipeout. 👑 ‘The King Is Back’: Binance billionaire CZ [plots]( life after prison. 🛰 First Ever: Japanese scientists have just launched a [wooden]( satellite into space. 🎙 Trust Issues: [Shorting]( the "All In" podcast. [DAILY SHARES]( [tw profile: High Yield Harry] High Yield Harry @HighyieldHarry [tw] The Fed: “we’re cutting rates!!!” Treasuries over the past month: 7:07 PM • Nov 7, 2024 132 Likes 2 Retweets 2 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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