💼 Bullish or bearish?

PLUS - Tame PPI data soothes inflation concerns… your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 April 12, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → Tame producer price data [soothes]( inflation concerns, [S&P, Nasdaq]( end sharply higher on soft inflation data, Apple plans to [overhaul entire Mac line]( with AI chips, brokerages shift Fed [rate-cut expectations]( to September, and [Cathie Wood]( muscles into ChatGPT boom with new OpenAI stake… Calendar: (all times ET) Today: Consumer Sentiment, 10:00am Poll: What's your short-term outlook on the market? [📈 BULLISH]( [📉 BEARISH]( Your 5-minute briefing for Friday, April 12: BEFORE THE OPEN As of market close 4/11/2024. Pre-Market: US Investor % Bullish Sentiment: 43.44% for Wk of Apr 11 2024 (Last week: 47.29%) Market Recap: - Stock futures hover flatline pre-major bank earnings. - Dow up 0.05%, S&P 500, Nasdaq stable. - Apple jumps 4.3% on AI-focused Mac chip plans. - Nvidia rises 4.1%, Amazon hits record. - AI momentum crucial in current bull run. - This week: S&P 500 down 0.1%, Nasdaq up 1.2%, Dow down 1.1%. - Major bank earnings kick off Q1 season Friday. EARNINGS What we’re watching: - Today: BlackRock ([BLK](), Wells Fargo ([WFC]() - [JP Morgan Chase (JPM)]( - earnings of $3.88 per share (-5.4% YoY) on $38.8B revenue (-1.4% YoY) Full earnings calendar [here]( HEADLINES [Tame Producer Price Data Soothes Inflation Concerns]( US producer prices increased moderately in March as a rise in the cost of services was softened by a fall in goods prices, calming fears of a resurgence in inflation. [Apple Plans to Overhaul Entire Mac Line With AI-Focused M4 Chips]( Company working on rapid transition to the new processors. Revamp will bring AI capabilities and memory improvements. - US Senate committee to hold hearing on Boeing safety culture report ([more]() - S&P, Nasdaq end sharply higher on soft inflation data ([more]() - Producer prices rise but show some relief in key categories ([more]( - Quarterly earnings to feature big growth in tech-related companies ([more]() - Dollar hits 34-year high against yen after US inflation data ([more]() - Yen crumbles under towering dollar and US Treasury yields ([more]() - Global banks ramp up roadshows for clients eager to bet on Japan ([more]() - Bond traders are preparing for a 5% yield, no-rate-cut world ([more]() - The European Central Bank might beat the Fed to interest rate cuts ([more]() - Brokerages shift Fed rate-cut expectations to September after consumer price data ([more]() - Soaring insurance costs hit as US buyers get a break on car prices ([more]() - Apple shares have best day since last May ([more]() - Meta unveils second-gen AI training and inference chip ([more]() - Southwest's expected 2024 Boeing jet deliveries keep shrinking ([more]() - Cathie Wood muscles into ChatGPT boom with new OpenAI stake ([more]() TOGETHER WITH CARBON FINANCE Love this visual? 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[Subscribe Here]( ~ please support our partners ~ DEALFLOW M+A | Investments - Blackstone, CVC consider bids for Superstruct festivals firm ([more]() - Shurgard agrees to buy self-storage rival Lok'nStore in $474M deal ([more]() - Empower Finance, a financial tech company, acquired Petal, a consumer credit card/financial tech company, as well as Cashalo, a consumer credit and lending company ([more]() - Postman, an API collaboration company, acquired Orbit, a provider of a community growth platform for developer companies ([more]() - Huron-backed Criticore purchases Jenco ([more]() - Peak Rock buys HuFriedyGroup ([more]() - HCI-backed Highland Commercial Roofing acquires Fidelity ([more]() - KKR-backed Groundworks buys The Basement Guys ([more]() - Raft, a modern tech, data software engineering firm, received a $60M Growth investment from Washington Harbour Partners ([more]() - Upstream Security, a provider of cybersecurity extended detection and response (XDR) for connected vehicles and IoT, received an investment from Cisco Investments ([more]() - Cohesity, an AI-powered data security and management company, received an investment from IBM ([more]() - General Atlantic invests in HighLevel ([more]() VC - Arcadia, a provider of a utility data and community solar platform, raised $50M in funding ([more]() - DeepCure, a novel, small molecule therapeutics powered by AI and automation of chemistry, raised $24M in Series A-1 funding ([more]() - Abre, a K-12’s data solution company, raised $24M in Series A funding ([more]() - Uplink, a company focused on democratizing Internet access, raised $10M in funding ([more]() - Udio, a company that leverages AI to easily create original music, reportedly raised $10M in Seed funding ([more]() - Simbian, a company providing AI solutions into business operations across diverse IT environments, raised $10M in seed funding ([more]() - Tabs, a provider of an accounts receivable (AR) platform for B2B businesses, raised $7M in Seed funding ([more]() - Patlytics, a provider of an AI-powered patent workflow platform, raised $4.5M in Seed funding ([more]() - Writ, a C-based startup that enables companies to use data to make decisions, raised $3.8M in Seed funding ([more]() - PeerDB, a provider of a data movement platform for PostgreSQL, raised $3.6M in Seed funding ([more]() - Huddle Up, a pediatric digital health company, raised an undisclosed amount in Series C funding ([more]() First time reading? [Get tomorrow’s briefing here with one click »]( CRYPTO Powered by [MILKROAD]([Â]([- Get smarter about crypto in 5 min.]( - Bitcoin miners power up rigs to record levels ahead of ‘halving’ ([more]() - Bitcoin ecosystem tokens, RUNE, STX, and ORDI may see gains after halving ([more]() - Sam Bankman-Fried appeals fraud conviction, 25-year prison sentence ([more]() BULLISH BITES 💰 Right place: How one company [made bank]( off the regional banking crisis. 🔎 Google who? Gen Z is [searching]( on TikTok, YouTube instead. 🚀 Star wars: Space Force is planning what could be the [first military exercise in orbit](. 🤖 Humane AI Pin review: [Not even close](. 📈 Must-read: Our friends at [Carbon Finance]( send out a weekly visual newsletter with the most important infographics, insights, and insider trades - [Check it out »]( DAILY SHARES [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] Everytime! Apr 11, 2024 3.1K Likes 267 Retweets 86 Replies What did you think about today's briefing? - [⭐️⭐️⭐️⭐️⭐️ Excellent, keep it comin'!]( - [⭐️⭐️⭐️⭐️ Good stuff]( - [⭐️⭐️⭐️ It was alright]( - [⭐️ Needs work]( ☀️ 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. Please conduct your own research and consult an independent financial adviser before making any investments. 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