💼 'AI factory'

Nvidia wants enterprise to think ‘AI factory.. your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 March 20, 2024 | [Read Online]( [Subscribe]( | [Partner]( | [Go PRO]( Good morning. The Fast Five →[Â]([Everything to expect]( from Fed’s policy meeting, [Boeing]( mulls shedding Airbus work in potential Spirit Aero deal, Nvidia wants enterprise to think ‘[AI factory](’, Wall St optimism at its [highest level]( since early 2022, and [Microsoft taps DeepMind]( co-founder to spearhead AI push… Calendar: - Today: 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 Wednesday, March 20: BEFORE THE OPEN As of market close 3/19/2024. Pre-Market: US Investor % Bullish Sentiment: 45.90% for Wk of Mar 14 2024 (Last week: 51.73%) Market Recap: - Stock futures steady post winning day, eyes on Fed. - Dow futures flat, S&P 500 dips 0.03%, Nasdaq up 0.05%. - Dow soared 320 points, S&P rose 0.6%, Nasdaq gained 0.4%. - Tech weakness sparks AI rally concerns, energy leads. - Semiconductor stocks dip, MicroStrategy & Super Micro down. - Fed likely to maintain rates, focus on dot plot. - Micron Technology & General Mills earnings due todayday. EARNINGS What we’re watching this week: - Today: 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 CEO Wants Enterprise to Think ‘AI Factory,’ Not Data Center]( In Monday’s keynote at Nvidia’s GTC 2024 event, CEO Jensen Huang kept repeating the phrase “AI factory.” [Boeing Mulls Shedding Airbus Work in Potential Spirit Aero Deal]( The U.S. planemaker is exploring offloading or redeploying specific Spirit businesses that supply key Airbus components if it reaches a deal. - Everything to expect from the Fed’s policy meeting today ([more]() - Wall Street advances with Nvidia and Fed meeting in focus ([more]() - Wall Street optimism on stocks is at its highest level since early 2022, BofA survey shows ([more]() - Women’s household work to be added to US CPI consumption survey ([more]() - Japan raises interest rates for first time in 17 years ([more]() - Chinese banks hold lending rates as PBOC refrains from easing ([more]() - Nvidia stock climbs as CFO says new chip to ship in 2024 ([more]() - Microsoft taps DeepMind co-founder Suleyman to spearhead consumer AI push ([more]() - SpaceX to sell satellite laser links that speed in-space communication to rivals ([more]() - JetBlue to cut routes after weaker performance ([more]() - BlackRock condemns Texas Fund’s divestment of $8.5B ([more]() - George Lucas backs Disney board and CEO Bob Iger amid proxy battle ([more]() - Nordstrom's founding family in new bid to take US retailer private ([more]() - Unilever to spin off ice cream business, cut 7,500 jobs for cost savings ([more]() TOGETHER WITH MARKET REBELLION Join Fast Money’s Jon & Pete Najarian— Your Market Rebellion journey [starts here](! Hit the ground running with true Market Pro’s and get a dynamic bundle of introductory classes, webinars, and one-on-one coaching valued at more than $900. 🔥 Market Briefing Limited Time Offer→ Get $900+ worth of training for only $99 — don’t let this offer pass you by… [Show me everything I get with Jon & Pete!]( ~ please support our sponsors ~ DEALFLOW M+A | Investments - Heritage Provider Network revives $7 Billion sale plans ([more]() - Selena Gomez weighs sale of cosmetics brand valued at $2B ([more]() - AstraZeneca bets on next-generation cancer therapy with $2B Fusion deal ([more]() - Francisco Partners acquires Jama Software for $1.2B ([more]() - Sycamore Partners explores bid for apparel maker Gildan Activewear ([more]() - Boeing explores disposal of some defense assets amid crisis ([more]() - Fixed satellite service provider Eutelsat agrees $500M partnership deal with Intelsat ([more]() - Software provider HashiCorp said to weigh sale ([more]() - Linden Capital Partners weighs sale of a minority stake ([more]() - Francisco Partners, an investment firm that specializes in partnering with tech-enabled businesses, acquired Jama Software, a requirements management and traceability solution provider ([more]() - Frazier Healthcare Partners, a healthcare-focused investment firm, acquired RevSpring, a provider of communication and payment solutions servicing healthcare/financial services, from GTCR ([more]() - JumpCloud, a company helping IT teams and managed service providers, acquired Resmo, a provider of asset management and SaaS security solutions ([more]() - ServiceNow (NOW), a digital workflow company, acquires 4Industry and EY Smart Daily management application to drive Innovation for smart industrial environments ([more]() - XAlts invests in the Copia Group ([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.]( - MicroStrategy, largest corporate holder of bitcoin, drops as much as 18% as cryptocurrency falls ([more]() - Exchange investigates flash crash that sent Bitcoin to $8,900 ([more]() - Ether ETFs likely won't get approved in may, Bloomberg analyst predicts ([more]() - Sam Bankman-Fried says 50-year sentence only suitable for a ‘Super Villain’ ([more]() BULLISH BITES 🤖 GTC 2024: [Key takeaways]( from Nvidia's annual developer conference. 🎁 Pursuits: [MacKenzie Scott]( donates $640 million to 361 nonprofits. 🚁 Futuristic: This electric aircraft CEO wants you to [fly for the price of an Uber](. 🏎 Not so tough: Ferrari boss promises ‘emotion’ won’t be lost in [EV engine roar](. 🤯 Revealed: [Nvidia’s secret weapon »]( * DAILY SHARES [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] Mar 20, 2024 447 Likes 59 Retweets 28 Replies [tw profile: litquidity] litquidity @litcapital [tw] Investment banking analysts - Day 1 vs. Day 365 Mar 19, 2024 1.56K Likes 73 Retweets 20 Replies [tw profile: sophie] sophie @netcapgirl [tw] inflection employees learning their ceo is joining microsoft Mar 19, 2024 501 Likes 15 Retweets 10 Replies Know someone who would enjoy this? 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