💼 Disney prevails

Disney prevails over Trian in board fight... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 April 03, 2024 | [Read Online]( [Subscribe]( | [Partner]( | [Go PRO]( Good morning. The Fast Five → [Dow falls]( nearly 400 points continuing Q2 weak start, [Disney prevails]( over Trian in board fight, [Biden and Xi]( speak by phone to manage world tensions, [Tesla deliveries]( decline for first time in four years, and Costco offering [weight-loss]( subscriptions to members… Calendar: (all times ET) Today: Fed Chair Powell, 10am THU 4/4: Jobless claims, 8:30am FRI 4/5: Unemployment rate, 8:30am Your 5-minute briefing for Wednesday, April 3: BEFORE THE OPEN As of market close 4/2/2024. Pre-Market: US Investor % Bullish Sentiment: 50.00% for Wk of Mar 28 2024 (Last week: 43.20%) Market Recap: - Dow falls 1%, S&P 500 down 0.72%, Nasdaq 0.95%. - Yields rise, dimming June rate cut hopes. - Tesla drops 4.9% on disappointing deliveries. - S&P 500 had best Q1 start since 2019, Nasdaq up 9%. - Inflation data and strong economy spook markets. - Regional Fed presidents expect rate cuts but not soon. - Odds of June cut drop to 63% from 70%. EARNINGS What we’re watching this week: - Today: Levi Strauss ([LEVI]() - Thursday: Lindsay ([LNN](), Simply Good Foods ([SMPL]() - [Lamb Weston (LW)]( - earnings of $1.46 per share for fiscal Q3. Revenue expected to rise 31% to $1.7 billion. Full earnings calendar [here]( HEADLINES [Dow Falls Nearly 400 Points to Continue Second Quarter’s Weak Start]( Stocks fell Tuesday as investors continued to worry that the Federal Reserve could cut interest rates later than expected. [Disney Prevails Over Trian in Board Fight]( Walt Disney Co has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz's hedge fund Trian Fund Management. - Biden, Xi Spoke by Phone About AI Risks, TikTok, Russia and Fentanyl ([more]() - Biden's new green big rig standards could bankrupt small business ([more]() - Rising Treasury yields pose a test for richly valued US stocks ([more]() - Oil gains as market buffeted by supply worries ([more]() - Asian shares fall as US yields hold near 4-month high, earthquake hits ([more]() - Taiwan dollar optimism fades in options market as Fed bets shift ([more]() - Health insurer stocks slide as final Medicare Advantage rates disappoint ([more]() - Tesla quarterly deliveries decline for the first time in nearly four years ([more]() - Intel shares fall after company reveals $7 billion operating loss in foundry business ([more]() - Trump sues Truth Social co-founders to zero them out ([more]() - Costco offering weight-loss subscriptions to members ([more]() - GE’s final split cleaves a fallen corporate empire ([more]() - IKEA Foundation backs emerging market EV push with $100 million grant ([more]() - SoftBank-backed Window Maker to file for bankruptcy to cut debt ([more]() TOGETHER WITH IBD’s MARKETSURGE Experience MarketSurge for FREE— No credit required (expires Sunday) Have you heard? 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[Give Me FREE Access!]( - please support our sponsors - DEALFLOW M+A | Investments - Endeavor Group agrees to $13 Billion buyout from Silver Lake ([more]() - Honeywell weighs sale of face mask unit amid fading post-pandemic demand ([more]() - Cadent, a solutions provider for converged TV advertising, is to acquire AdTheorent, a pioneer delivering measurable value for programmatic advertisers, for $324M ([more]() - Nucor Corporation acquired Southwest Data Products, Inc., a manufacturer of data center infrastructure, for $115M ([more]() - Liberty Media Corporation acquired Dorna Sports, S.L., the exclusive commercial rights holder to the MotoGP™ World Championship, from Bridgepoint and Canada Pension Plan Investment Board ([more]() - Remote, a leader in managing globally distributed workforces, acquired Easop, a compliance solution for businesses with international talent to grant and manage equity to their teams ([more]() - Morgan Stanley Capital Partners buys Resource Innovations from BV ([more]() - Maverix Medical, a lung cancer platform established by Ajax Health, KKR, and Hologic, Inc., acquired Cirrus Bio, a provider of multiomic solutions for the diagnosis of diseases ([more]() - Noosa Labs buys Evalart ([more]() - SLB acquires ChampionX ([more]() - Harvest-backed Fortis buys print division of MASA ([more]() - Gryphon-backed Shermco acquires Power Test ([more]() - EQT purchases Avetta from WCAS ([more]() - Clearwater Analytics acquires risk and performance analytics services from Wilshire ([more]() - Trilantic-backed OLS purchases Willow Creek Landscape Supply ([more]() - Monogram purchases majority stake in Tru Fragrance & Beauty ([more]() - SunFireMatrix, Inc., a software services platform serving the insurance distribution and health plan markets, has been acquired by funds managed by KKR ([more]() - CD&R buys Presidio from BC Partners ([more]() - MidOcean Energy, a liquefied natural gas company, received an investment from Mitsubishi Corporation ([more]() - Blue Sage Capital invests in American Alloy ([more]() VC - Brandtech Group, a generative AI marketing company, raised $115M in funding ([more]() - Selux Diagnostics, Inc., a biotech startup whose mission is to combat superbug infections, raised an additional $48M in funding ([more]() - ViaLase, Inc., a clinical-stage medical tech company focused on glaucoma treatment, closed $40M in Series C financing ([more]() - InStride Health, a provider of specialty pediatric anxiety and OCD treatment, raised $30M in Series B funding ([more]() - Seso, a provider of a workforce management platform for agriculture, raised $26M in funding ([more]() - Xion, a blockchain purpose-built for mainstream adoption, raised $25M in funding ([more]() - Modal, a skills development platform for data and analytics professionals, raised $25M in Series A funding ([more]() - Melt Pharmaceuticals, a clinical‑stage pharmaceutical company, raised $24M in Series B Preferred Stock financing ([more]() - EarliTec Diagnostics, a medical device company, raised $21.5M in Series B funding ([more]() - Praia Health, a digital health company, raised $20M in Series A funding ([more]() - BurnBot, a company providing mechanized vegetation management and fuel treatment solutions, raised $20M in Series A funding ([more]() - Aidium, a provider of mortgage technology solutions, raised $19M in Series A funding ([more]() - BioConsortia, Inc., an agricultural technology company, closed a $15M internal financing round ([more]() - Proxima AI, a data intelligence software company, closed a $12M Series A funding ([more]() - Float Health, a marketplace moving care that doesn’t need a hospital to the home, raised $10M in Series A funding ([more]() - TechGrid, a company offering a business platform for technology service providers, raised $9.2M in Series A funding ([more]() - Cyvl.ai, a company specializing in enterprise AI solutions for transportation infrastructure, raised $6M in funding ([more]() - Quadratic Growth, a data science spreadsheet solution provider, raised $5.6M in seed funding ([more]() - HealthArc, a company specializing in virtual healthcare, raised $5M in Growth funding ([more]() - Juniper Biomedical, a medical device company, received $3M in funding ([more]() - Goodbill, a startup that verifies that hospital bill is correct, raised $2M in funding ([more]() - Siprocal, a provider of an advertising, marketing, and digital media platform, received growth capital from Solace Capital ([more]() CRYPTO Powered by [MILKROAD]([Â]([- Get smarter about crypto in 5 min.]( - Bitcoin drops over 5% as upbeat US factory data powers dollar index to nearly 5-month high ([more]() - Tananbaum’s GoldenTree sells crypto subsidiary to Republic ([more]() - Silk Road Bitcoin worth $2B moved by US government ([more]() BULLISH BITES 🤑 Forbes billionaires: There are [more than eve](r before – and they're wealthier. 📍 Navigation: Apple has [patented]( a method to provide map directions based on the type of car you're driving. 👋 Did you get this? Hello to you as well, [Starbucks]([.]( 🤖. Training ground: For data-guzzling AI companies, the internet is [too small](. 🔥 [Experience MarketSurge for FREE]( - No Credit Card Required. Don’t miss this chance to explore premium market insights and tools — [try it now »]( (don’t miss out limited offer, expires Sunday) DAILY SHARES [tw profile: Dr. Parik Patel, BA, CFA, ACCA Esq.] Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA [tw] Sending a debt collector to the White House to collect my tax refund Apr 2, 2024 305 Likes 17 Retweets 5 Replies [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] 🖨️🖨️🖨️ Apr 2, 2024 1.29K Likes 151 Retweets 74 Replies [tw profile: sophie] sophie @netcapgirl [tw] my brain when i’m on the verge of falling asleep Apr 2, 2024 1.12K Likes 110 Retweets 19 Replies Know someone who would enjoy this? 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