Jeff Bezos sells roughly $2 billion of Amazon shares... your pre-market briefing inside â February 12, 2024 | [Read Online]( Good morning. The Fast Five â [Senate votes]( on Superbowl Sunday to move forward on Israel, Ukraine funding, [Bezos sells]( $2 billion of Amazon shares, [Musk ordered to testify]( in SEC Twitter probe, Diamondback and Endeavor to form $50 billion [energy giant](, and [Cisco]( to cut thousands of jobs. Full briefing ahead, but first⦠Poll Results â 70% of you answered âBullishâ to the question, âWhat is your short-term outlook on the market?â â Your Moby Weekly Stock Pick â [MSFT]( Uncover the secrets behind [Microsoftâs meteoric rise]( as it leverages Azure, AI copilots, and a newfound focus on cybersecurity, setting sights on an unprecedented $4 trillion mark (to beat Apple). [Access Moby now and discover how their last AI pick returned 642%]([!]( Youâll get a complete breakdown on Mobyâs favorite AI trend and how it positions Microsoft as an unbeatable cloud platformâsimilar to AI stocks in the past 3 years⦠[Get the breakdown here »]( Hereâs your 5-minute briefing for Monday, February 12: BEFORE THE OPEN As of market close 2/9/2024. Bitcoin as of 2/11/2024. Pre-Market: Market Recap: - S&P 500 closes above 5,000 on lower inflation and strong earnings. - Nasdaq rallies 1.25%, Dow slips slightly. - Market logs fifth straight winning week, fueled by solid earnings and resilient economy. - Tech giants surge: Nvidia up 3.6%, Alphabet 2%, Cloudflare soars 19.5%. - Earnings continue: PepsiCo drops 3.6%, Take-Two Interactive slides 8.7%, Pinterest falls 9.5%. - Majority beat earnings expectations: 81% above analyst forecasts. EARNINGS What weâre watching this week: - Tuesday: Airbnb (ABNB), Coca-Cola (KO), Instacart (CART) - Wednesday: Twilio (TWLO) - [Cisco Systems (CSCO)]( - expected: $.84 per share (-4.5% YoY) on $12.7B revenue (-6.6% YoY) - Thursday: DoorDash (DASH), PENN Entertainment (PENN), Roku (TOKU) - [Coinbase Global (COIN)]( - expected: $.04 per share on $820.3M revenue (+30.4% YoY) - [DraftKings (DKNG)]( - expected: $.08 per share on $1.2B revenue (+45.2% YoY) Full earnings calendar [here]( HEADLINES [Jeff Bezos Sells Roughly $2 Billion of Amazon Shares]( Jeff Bezos sold around 12 million Amazon shares for roughly $2 billion, according to a company filing on Friday, soon after laying out a plan to sell his shares over the next year. [Elon Musk Ordered to Testify In the SECâs Twitter Probe]( A federal court in California is enforcing a subpoena for Elon Musk to testify before the SEC regarding potential violations of federal securities laws in connection with his purchase of Twitter. - Senate moves forward with Israel, Ukraine funding after vote on Super Bowl Sunday ([more]() - Slower US inflation is set to fuel Fed cut optimism ([more]() - Bond traders cave to Fed by dialing back their rate-cut bets ([more]() - China's consumers tighten belts even as prices fall ([more]() - Cisco to cut thousands of jobs as it seeks to focus on high growth areas ([more]() - Job cuts spill beyond tech sector ([more]() - Nvidia pursues $30B custom chip opportunity with new unit ([more]() - Diamondback, Endeavor in talks to form $50B energy giant ([more]() - Luxury property boosts Mauritius FDI inflows to $503M ([more]() - Tesla slashes prices for some Model Y cars in the US ([more]() - Six charts explain how the CRE debt crisis spread to banks ([more]() - A hard look at New York Community Bancorp after A 60% drop ([more]() - Investors in Airbnb arbitrage business claim fraud in scheme promising âhigher returnsâ than stocks ([more]() - Tod's owner gets help from L Catterton to take the company private ([more]() DEALFLOW M+A | Investments - CentralReach, a provider of Autism and IDD software, acquired Silas, a social and emotional learning solution for PreK-12 ([more]() - Teamfront, business management software and payments solutions, received a Growth investment from Mainsail Partners ([more]() - Incident IQ, a workflow platform for K-12 school districts, received a strategic investment from Cove Hill Partners ([more]() - Whistler Capital invests in AmeriPro ([more]() - Owens Corning buys doormaker Masonite in $3.9B deal ([more]() - Grovecourt-backed Premier Radiology buys NationalRad ([more]() - GCP acquires Texas Industrial Outdoor Storage Property ([more]() - Mainsail Partners purchases Teamfront ([more]() - OceanSound-backed RMA acquires Black Eagle ([more]() VC - Neurona Therapeutics, a clinical-stage biotherapeutics company, raised $120M in funding ([more]() - Nasdaq Private Market, a provider of liquidity solutions to private companies, their employees, and investors, raised $62.4M in Series B funding ([more]() - 10Beauty, a creator of a salon-quality manicure machine, raised $38M in equity funding, including a newly closed $17M extension to their Series A led by Shine Capital ([more]() - Soma Global, a company which specializes in cloud-native public safety software solutions, received a majority investment from Greater Sam Ventures ([more]() - Wrapmate, a tech-driven managed marketplace, received a $16M investment from JettyCove ([more]() Fundraising - Encore Consumer Capital, a private equity investment firm focused on the consumer products industry, closed Encore Consumer Capital Fund IV, LP, and related vehicles, at $258M ([more]() - Ares raises $1.7B for Australia Private Credit Fund ([more]() Was this briefing forwarded to you? [Sign Up Here]( CRYPTO - As Sam Bankman-Fried awaits prison sentence, FTX customers await a surprise: full repayment ([more]() - LoUS abused power in bid to get crypto energy data, groups Ssay ([more]() - Bitcoin ETFs flows could propel BTC prices to $112K this year ([more]() BULLISH BITES ð Cutânâsew: How Super Bowl [footballs]( are made. ð¤«Â Do not disturb: Want to avoid crowds while traveling? Hereâs the â[not hot](â list for 2024. ð Just in time: Timex and seconde/seconde/ have teamed up to offer a watch that is [made for breakups](. ð¥Â Viral: What happens when TikTok is your [marketing department](. ð Donât miss out: [Sign up for Mobyâs weekly stock picks]( and discover how their last AI pick returned 642%! DAILY SHARES [tw profile: Autism Capital ð§©] Autism Capital 𧩠@AutismCapital [tw] IF I DONT SCORE THE GAME WINNING TOUCHDOWN THEN I CANT PROPOSE TO TAYLOR HER ENTIRE TEAM HAS A PLAN SET UP THE ILLUMINATI HAS PHOTOS OF ME YOU DONT GET IT Feb 12, 2024 138 Likes 13 Retweets 9 Replies [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] Ok babe our contract ends here. Hope you have a great life Feb 12, 2024 1.63K Likes 135 Retweets 61 Replies Know someone who would enjoy this? [CLICK TO SHARE]( What did you think about today's briefing? - [âï¸âï¸âï¸âï¸âï¸ Excellent, keep it comin'!](
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