Stocks climb to start short trading week 📈

The Nasdaq set a new record high as its hot streak continued despite the three-day break.                                                                                                                                                                                                                                                                                                                                                                                                                 May 28, 2024 | [Read Online]( Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. I hope you had a great weekend. Here’s what moved the market today. Markets 📈 Stocks opened the week with a mixed bag of results. The Nasdaq continued its hot streak with a small gain, while the Dow notched a minor loss. - DJIA [-0.5%] - S&P 500 [<0.1%] - Nasdaq [+0.5%] - Russell 2K [-0.2%] [This Stock Could Cash-In on 2024’s Top Commodities Trade]( This stock could break out to massive gains on the back of what could be the year’s top-performing asset. It’s not gold, it’s not silver - heck, it’s not even AI stocks. It’s crucial to the success of AI and other advanced technologies, and this tiny stock could be in ideal position to cash in. [Get the Details on this Top Pick Here]( » Want an Ad-Free Experience + Top Growth Stock Picks? [Upgrade Now!]( Market-Moving News 🔎 HubSpot Shares Surge on Google Deal Rumors 🚀 HubSpot shares soared 8% on Tuesday following rumors of a potential acquisition by Alphabet. Rumor Rally 📈 Reports of the potential deal first emerged in early April, when Reuters revealed that Alphabet was consulting with advisors about making an offer for HubSpot. Bloomberg later confirmed that talks were progressing, further fueling speculation. According to sources, the deal could be an all-stock transaction. Record-Breaking Deal 🏆 If completed, this acquisition would be Alphabet's largest ever, far surpassing the $12.5 billion purchase of Motorola Mobility in 2011. Following the stock surge on Tuesday, HubSpot's market cap reached approximately $33 billion, making it a significant acquisition target for Google. Strategic Fit 🔧 HubSpot, known for its marketing and customer relationship management (CRM) tools for small- and medium-sized businesses, would complement Google's existing services. The acquisition could fill a crucial gap in Google's portfolio, potentially bolstering its marketing technology and cloud revenue streams. Market Reaction 📊 Prior to Tuesday's gains, HubSpot shares were up slightly for the year. The surge pushed the stock price to $643.72 as of Tuesday afternoon. HubSpot's stock had already doubled in value over the course of 2023, reflecting strong investor confidence. No Comment 🗞️ Alphabet did not immediately respond to requests for comment regarding the potential deal. Similarly, HubSpot declined to comment on the rumors, leaving the market to speculate on the outcome of these discussions. Top Winners and Losers 🔥 Aerwins Tech [AWIN] $9.14 (+143%) reported Q1 earnings of $12.12 per share after posting a loss of $(6.58) for the year-earlier quarter. Insmed [INSM] $48.06(+118%) published new data showing brensocatib met its primary endpoint in a Phase 3 trial in bronchiectasis lung disease patients. Calliditas Therap. [CALT] $37.95 (+69.2%) board of directors recommended shareholders approve a USD$1.06 billion cash buyout offer from Japanese pharma firm Asahi Kasei that pays 418 Swedish Krona (USD$39.67) per share. Finch Therapeutics [FNCH] $1.21 (+32.7%) fell after publishing its Form 8-K current report early this morning. . Sintx Technologies [SINT] $9.28 (+31.3%) continued to fall after announcing a 1-for-200 reverse stock split last Thursday. Summit Therapeutics [SMMT] $2.39 (29.2%) reported a high rate of treatment emergent adverse events in a Phase 3 clinical trial of ivonescimab plus chemotherapy for lung cancer. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. I'll see you at the next open! Best Regards, — Adam G. Elite Trade Club Text ELITESTOCKS to 47121 or [click here]( to get our alerts on your mobile device, and never miss another fast-moving stock! P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP. [Sign Up for Mobile Alerts Now]( [Privacy Policy]( | [Advertiser Disclosure]( [tw]( [ig]( [yt]( [tk]( *Standard message/carrier rates may apply. 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