💼 Boeing shake-up

Boeing CEO steps down in sweeping management shake-up... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 March 26, 2024 | [Read Online]( [Subscribe]( | [Partner]( | [Go PRO]( Good morning. The Fast Five →[Â]([Boeing CEO steps down]( in sweeping management shake-up ([read his letter](), [Trump’s social]( media company set to trade today on Nasdaq, NYSE [delists]( Fisker, Wall Street lifts [S&P 500 target to 5500]( by year-end, and [cocoa]( is now more expensive than copper… 🔥 Exclusive Offer just for MB readers: Grab [Investor's Business Daily Premium Annual Subscription]( today for only $249 ($349 for everyone else) - it’s like getting 5 months free! Act quickly, this is a [limited-time offer just for]([you]([.]( Calendar: - Today: Durable-goods orders, 8:30am ET - Consumer confidence, 10:00 am ET - THU 3/28: Initial jobless claims, 8:30am ET - Consumer sentiment, 10:00am ET - FRI 3/29: MARKET CLOSED (Good Friday) - PCE Index, 8:30am ET - Fed Chair Jerome Powell speaks, 11:30am ET Your 5-minute briefing for Tuesday, March 26: BEFORE THE OPEN As of market close 3/25/2024. Pre-Market: US Investor % Bullish Sentiment: 43.20% for Wk of Mar 21 2024 (Last week: 45.90%) Market Recap: - U.S. stock futures flatline after Monday breather. - Dow edges up 11 points, S&P 500 and Nasdaq-100 add 0.1%. - Major averages dip slightly after last week's records. - March marks fifth winning month for U.S. stocks. - Today's data includes consumer confidence, durable goods orders, and Richmond Fed's manufacturing survey. EARNINGS What we’re watching this week: - Today: GameStop ([GME](), McCormick ([MKC]() - Wednesday: Jefferies ([JEF]() - Thursday: Oxford Industries ([OXM](), Semtech ([SMTC]() - [Walgreens Boots Alliance (WBA)]( - earnings of $.82 per share (-29.3% YoY). Revenue forecast to fall 2.9% to $35.9B. Full earnings calendar [here]( HEADLINES [Boeing CEO to Step Down in Broad Management Shake-Up Amid Safety Crisis]( Chairman of the board Larry Kellner is also stepping down, and Stan Deal, CEO of the commercial airplane unit, is out effective immediately. [Trump’s Social Media Company is Set to Trade Today on Nasdaq]( SPAC and firm behind Truth Social finally completed merger. Listing may bring Trump a windfall of more than $5 billion. - Biden admin announces $6 Billion to slash industrial emissions ([more]() - Cocoa is more expensive than copper as it tops $9,000 ([more]() - New home sales fall; median price lowest in more than 2-1/2 years ([more]() - Oppenheimer lifts S&P 500 target to 5500 on 'remarkable resilience' of US economy ([more]() - Junk market flashes warning as Fed eyes higher rates for longer ([more]() - Read Boeing CEO Dave Calhoun’s letter announcing departure ([more]() - Fisker deal talks with big automaker collapse, NYSE to delist stock ([more]() - Disney stock upgraded by Barclays as turnaround plan takes shape ([more]() - Nelson Peltz withholds votes from Disney CEO Bob Iger in proxy battle ([more]() - Consumers sue Apple, taking page from US Justice Department lawsuit ([more]() - Reddit options launch draws bulls as shares extend gains ([more]() - Trump wins pause of $454 million civil fraud ruling, averting asset seizures ([more]() - Citigroup says CEO's sweeping reorganization complete ([more]() - California restaurants cut jobs as fast-food wages set to rise ([more]() TOGETHER WITH INVESTOR’S BUSINESS DAILY Ready for next-level investing? 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Act quickly, this is a [limited-time offer]( you won’t find anywhere else. [I want this exclusive limited discount!]( ~ please support our sponsors ~ DEALFLOW M+A | Investments - Blackstone reportedly eyes $1.9B sale of The Office Group ([more]() - Novo Nordisk strikes $1.1B deal to expand cardio business ([more]() - Qualcomm ends Autotalks deal over antitrust concerns ([more]() - Goldman Sachs mulls €3.5 Billion sale of B&B hotels chain ([more]() - Arsenal-led investor group acquires Poly-Wood ([more]() - Ingersoll Rand purchases ILC Dover from New Mountain Capital ([more]() - Nuvation Bio buys AnHeart Therapeutics ([more]() - Amex GBT acquires CWT ([more]() - Gilead Sciences (GILD), a biopharmaceutical company, acquired CymaBay Therapeutics, Inc. (CBAY), a company focused on innovative therapies for patients with chronic diseases, for approximately $4.3B in total equity values ([more]() VC - Ediphi, an advanced cloud-based estimating solution, raised $12M in Series A funding ([more]() - Succinct, a developer of zero-knowledge proof tools, raised $55M in seed and Series A funding ([more]() - Edgewood Oncology, a clinical-stage biotech company focused on delivering BTX-A51 to patients with hematologic malignancies, raised $20M in Series A funding ([more]() - Finite State, a company specializing in comprehensive software risk management, raised $20M in Growth funding ([more]() - Circular, a provider of a sustainable sourcing platform, raised $10.5M in funding ([more]() - Goalsetter, a provider of a spending, saving, wealth building and financial education platform, raised $9.6M in Series A funding ([more]() - Foundational, a provider of a solution using advanced analysis to identify and prevent data issues in data platforms, raised $8M in Seed funding ([more]() - Airvine, a company developing a multi-Gigabit-speed wireless backhaul system, raised $6.2M in funding ([more]() - LIS Technologies Inc., a proprietary developer of advanced laser tech and only USA-origin patented laser uranium enrichment company, closed a $1.3M seed funding round ([more]() - Coker, a healthcare advisory firm, received an investment from Trinity Hunt Partners ([more]() - Aura Intelligent Systems, a digital imaging radar company, received an investment from Telechips ([more]() CRYPTO Powered by [MILKROAD]([Â]([- Get smarter about crypto in 5 min.]( - Bitcoin jumps 7%, retakes $70,000 to start the week ([more]() - FTX to sell $884M of Anthropic shares to two dozen institutional investors ([more]() - Solana takes the lead in weekly stablecoin transfer volume ([more]() BULLISH BITES 👀 Deeper look: [Behind the plot](to break Nvidia’s grip on AI by targeting software. ⚖️ The scoop: Trump's $464M [bond reduced]( in NY civil fraud case. 💔 Shards of glass: Inside media's [12]( splintering realities. 🛥 Keeping up with the Bezoses: Check out [Zucks]( new $300M super yacht. 📈 ICYMI: [The only AI company you should be looking at »]( * DAILY SHARES [tw profile: High Yield Harry] High Yield Harry @HighyieldHarry [tw] I know just the guy for the Boeing CEO job Mar 25, 2024 1.24K Likes 75 Retweets 14 Replies [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] I have burned 138 tons of Jet Fuel to visit you over the last 3 months and you’re telling me I’m not doing enough to make this work. Please grow up Mar 25, 2024 929 Likes 72 Retweets 42 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. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. 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