💼 Dominance

Nvidia extends dominance unveiling successor to its all-conquering processor... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 March 19, 2024 | [Read Online]( [Subscribe]( | [Partner]( | [Go PRO]( Good morning. The Fast Five →[Â]([Nvidia extends dominance]( unveiling successor to its all-conquering processor, [Apple and Google]( in talks to let Gemini power iPhone, Fed likely to [preach patience]( tomorrow, [Audi]( reveals first next-generation EV, and Elon Musk suggests his [ketamine use]( is good for investors… Calendar: - WED 3/20: Fed interest-rate decision, 2:00pm ET - Fed Chair Powell press conference, 2:30pm ET - THU 3/21: Jobless claims, 8:30am ET Your 5-minute briefing for Tuesday, March 19: BEFORE THE OPEN As of market close 3/18/2024. Pre-Market: US Investor % Bullish Sentiment: 45.90% for Wk of Mar 14 2024 (Last week: 51.73%) Market Recap: - Stocks rise on AI conference & Fed anticipation. - Dow up 0.2%, S&P 500 gains 0.63%, Nasdaq up 0.82%. - Nvidia climbs 0.7% at GTC Conference, analysts bullish. - Alphabet surges 4.6% on Apple-Google AI talks. - Tech recovers after recent losses. - Market rally expected in April with earnings season. - Fed's FOMC meeting starts today, announcement Wednesday. - Fed funds futures show 99% chance of unchanged rates. - February's high inflation data sparks rate hike concerns. EARNINGS What we’re watching this week: - Wednesday: General Mills ([GIS]() - [Micron (MU)]( - anticipating a loss of $.26 per share (a vast improvement over its year-ago loss of $1.91 per share). Revenue forecast to arrive at $5.3Bn(+43.2% YoY) - Thursday: Darden Restaurants ([DRI](), Lululemon Athletica ([LULU]() - [FedEX (FDX)]( - earnings of $3.53 per share (+3.5% YoY) on revenue of $22.1B (-0.5% YoY) - [Nike (NKE)]( - earnings of $.74 per share for Nike's fiscal Q3 (-6.3% YoY), on $12.3B revenue (-0.8% YoY) Full earnings calendar [here]( HEADLINES [Nvidia Unveils Flagship AI Chip, Blackwell, Aiming to Extend Dominance]( Nvidia on Monday announced a new generation of artificial intelligence chips and software for running AI models. The new AI graphics processors are named Blackwell and are expected to ship later this year. [Apple in Talks to Let Google Gemini Power iPhone AI Features]( Companies considering AI deal that would build on search pact. Apple also recently held discussions with OpenAI about deal. - US lawmakers reach deal to keep government open through Sept. 30 ([more]() - Fed likely to preach patience as consumers and markets look ahead to rate cuts ([more]() - SEC fires 'AI washing' warning shot ([more]() - IRS chief sees workforce topping 100,000 within three years ([more]() - Oil prices continue to advance as bullish sentiment takes hold ([more]() - Homebuilder sentiment turns positive for first time since July ([more]() - Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says ([more]() - Exxon chief goes on the offensive as Wall Street sours on ESG ([more]() - Shell plans to divest 1,000 retail sites in shift to EV charging ([more]() - Glass Lewis backs Disney in proxy fight with activists ([more]() - United CEO tries to reassure customers following multiple safety incidents ([more]() - Hertz CEO out following electric car ‘horror show’ ([more]() - Crafts retailer Joann files for bankruptcy after 81 years ([more]() - UBS powers past $100B, one year after Credit Suisse takeover ([more]() - UnitedHealth Group has paid more than $2 billion to providers following cyberattack ([more]() PRESENTED BY SELL IT LIKE SERHANT Get sales training that works. 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[SHOW ME HOW!]( DEALFLOW M+A | Investments - Cisco completes $28 Billion Splunk acquisition ([more]() - HashiCorp rises 12% as software provider said to weigh sale ([more]() - Fosun open to sale of Portuguese bank stake ([more]() - Aviva sells Singlife joint venture stake for $1.2B ([more]() - Australia's Boral urges shareholders to reject Seven Group's $1.3B offer ([more]() - Sensor Tower, a provider of data on the digital economy, acquires Data.ai for an undisclosed amount ([more]() - GTCR completes acquisition of Cloudbreak Health ([more]() - PAI acquires Beautynova ([more]() - OceanSound-backed Gannett Fleming purchases DEC ([more]() - PE-backed RefrigiWear buys 100% stake in Flexitog ([more]() - Tishman Speyer acquires Jersey City waterfront lot from Goldman Sachs ([more]() - PE-backed Groome Industrial Service Group purchases W-S Companies ([more]() - Grant Thornton, a provider of audit and assurance, tax, and advisory services, received an investment from New Mountain Capital ([more]() - Shake Smart Holdings, a healthy fast-casual concept company, received an investment from NewSpring Franchise ([more]() VC - Ballistic Ventures, a venture capital firm dedicated to early-stage cybersecurity and cyber-related companies, closed its second fund, at $360M ([more]() - Westbound Equity Partners, an early stage venture capital firm, closed its second fund, at $100M ([more]() - BigID, an AI-augmented data security company, raised $60M in Growth funding ([more]() - Carlsmed, an AI-enabled personalized surgery medtech company, raised $52.5M in Series C funding ([more]() - FlexPoint, provider of a payments automation platform for managed service providers, raised $35M in funding ([more]() - Sealed, a residential energy efficiency startup, raised $30M in funding ([more]() - Superlinked, a provider of a solution for turning complex data into vector embeddings, raised $9.5M in seed funding ([more]() - Cache, a brokerage specifically created for large stock positions, raised $8.5M in seed funding ([more]() - OpenMeter, a provider of a data source platform for AI monetization, raised $3M in seed funding ([more]() - Synch, a provider of an integrated Global Trade Management solution to unify company revenue stacks, raised $3M in Seed funding ([more]() - ConKay Medical Systems, a medtech company, raised $1.8M in Seed funding ([more]() CRYPTO Powered by [MILKROAD]([Â]([- Get smarter about crypto in 5 min.]( - Bitcoin slips further below $68,000, adding to weekend losses ([more]() - Bakkt replaces CEO as NYSE threatens to delist crypto exchange ([more]() - FTX’s growing cash pile sparks dash for shares in defunct firm ([more]() - Bitcoin ETFs' hot start seems largely driven by retail investors ([more]() BULLISH BITES 🤖 Big Tech: Silicon Valley's next great [fraud trial]( begins. 🎬 Next level: YouTuber MrBeast teams up with Amazon’s MGM Studios for ‘[biggest reality competition series ever](’. 🏚 Perfect timing: [When to sell]( your home — this time last year, listings sold for $7,700 more. 👊 Not so tough: ‘[Very few have balls](’: How American news lost its nerve. 🔥 #1 AI stock? Artificial intelligence stocks are carrying the market. But [which one should you buy and when? »]( * DAILY SHARES [tw profile: sophie] sophie @netcapgirl [tw] all of these companies will be up 10% tomorrow Mar 18, 2024 622 Likes 16 Retweets 32 Replies [tw profile: sophie] sophie @netcapgirl [tw] why do tim and sundar look like they’re calling off a long distance relationship after trying to make it work for awhile Mar 18, 2024 581 Likes 11 Retweets 25 Replies Know someone who would enjoy this? [CLICK TO SHARE]( What did you think about today's briefing? - [⭐️⭐️⭐️⭐️⭐️ Excellent, keep it comin'!]( - [⭐️⭐️⭐️⭐️ Good stuff]( - [⭐️⭐️⭐️ It was alright]( - [⭐️ Needs work]( Like what you see? [Get tomorrow’s briefing here]( ☀️ Get your briefings before everyone else, [go PRO »]( Have a comment or suggestion? We’d love to hear it! 💌 [Send us a message](mailto:hello@marketbriefing.com) [ADVERTISE]( | [SUBSCRIBE]( *from our sponsors Disclaimer: Market Briefing© is a news publisher. 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