💼 Big earnings

Magnificent Seven earnings arrive with stocks at critical moment... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 April 22, 2024 | [Read Online]( In partnership with First time here? [Sign up]([»]( Good morning. The Fast Five → [Magnificent Seven earnings]( arrive with stocks at critical moment, [House passes]( Ukraine, Israel, Taiwan aid, TikTok ban, [Tesla cuts]( its car prices around the world, traders [cashing out]( of markets en masse, and [UAW wins big]( in historic union vote at Volkswagen plant… Calendar - next week: (all times ET) WED, 4/24: Durable-goods orders, 8:30a THU, 4/25: GDP - Q1, 8:30a Jobless claims, 8:30a FRI, 4/26: PCE index, 8:30a Consumer Sentiment, 10:00a Your 5-minute briefing for Monday, April 22: BEFORE THE OPEN As of market close 4/19/2024. Bitcoin as of 4/21/2024. Pre-Market: US Investor % Bullish Sentiment: 38.27% for Wk of Apr 18 2024 (Last week: 43.44%) Market Recap: - Nasdaq extends losing streak to sixth day, down 2.05%. - S&P 500 slips 0.88%, marking sixth consecutive days in red. - Dow rises 0.56%, lifted by American Express rally. - Netflix falls over 9% despite earnings beat. - Tech pressure mounts, Nvidia plunges 10%. - Market shrugs off Middle East tensions, oil prices volatile. - S&P 500 posts worst week since March 2023. - Nasdaq's 5.5% weekly drop longest since Dec 2022. - Dow narrowly avoids third straight down week, gains 0.01%. EARNINGS What we’re watching this week: - Today: Today: Verizon Communications ([VZ]() - Tuesday: General Motors ([GM](), JetBlue Airways ([JBLU](), Kimberly-Clark ([KMB](), Lockheed Martin ([LMT](), Mattel ([MAT](), PepsiCo ([PEP](), Spotify ([SPOT](), United Parcel Service ([UPS](), Visa ([V]( - [Tesla (TSLA)]( - $.51 EPS (-40% YoY) on $22.3B (+11.5% YoY) - Wednesday: AT&T ([T](), Ford Motor ([F](), Lennox International ([LII]() - [Meta Platforms (META)]( - $4.31 EPS expected on revenue of $36.1B (+26.1% YoY) - Thursday: American Airlines ([AAL](), Caterpillar ([CAT](), Hertz Global ([HTZ](), Roku ([ROKU](), Teladoc ([TDOC]() - [Alphabet (GOOGL)]( - $1.89 EPS expected on $69.78B revenue - [Microsoft (MSFT)]( - $2.82 EPS (+15.1% YoY) on $60.8B revenue (+14.9% YoY) - Friday: AbbVie ([ABBV](), Chevron ([CVX](), Exxon Mobil ([XOM]() Full earnings calendar [here]( TOGETHER WITH AURA HEALTH Missed out on Airbnb/Uber? Don’t miss this Airbnb and Uber have become some of the biggest startup successes to date. If you missed out on them, don’t miss out on [Aura](, a Silicon Valley start-up leveraging the same marketplace network effects in mental wellness. Aura is the world’s leading marketplace for mental wellness, growing rapidly with 8M users and 100k+ paying subscribers. They raised $10M+ from Silicon Valley’s legendary VC’s such as Cowboy Ventures, as well as executives of Spotify, Facebook, Youtube, and Apple, and generated 8X+ growth in share price for early investors. [Their new round is closing in a few days.]( HEADLINES [Magnificent Seven Earnings Arrive With Stocks at Critical Moment]( Big tech shares shed over $930 billion since Nasdaq 100 peak. Hopes high for Nvidia results despite worst fall in four years. [Tesla Cuts Car Prices in US and Around Globe After Week of Turmoil]( The price cuts come after Tesla, led by its billionaire CEO Elon Musk, reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years. - Traders are cashing out of markets en masse ([more]() - House passes Ukraine, Israel, Taiwan aid, potential TikTok ban ([more]() - IMF, World Bank steering committee stresses accountability as reforms advance ([more]() - Oil prices retreat as crude build, rate cut concerns come to the fore ([more]() - Multilateral development banks eye up to $400B more lending over 10 years ([more]() - UAW wins big in historic union vote at Volkswagen Tennessee factory ([more]() - After VW victory, UAW sets sights on Mercedes in Alabama ([more]() - Tesla recalls almost 3,900 Cybertrucks to fix faulty pedals ([more]() - Nike to lay off 740 employees at Oregon headquarters ([more]() - BlackRock steps up security for Larry Fink after 'anti-woke' backlash ([more]() - Trump Media CEO says he’ll do ‘whatever it takes’ to defend DJT investors from short sellers ([more]() - TikTok set to remove exec tasked with fending off US claims ([more]() DEALFLOW M+A | Investments - Salesforce abandons pursuit of Informatica ([more]() - Sony is in talks with Apollo on a joint Paramount bid ([more]() - Zoom still open to Five9-style M&A, says CFO Steckelberg ([more]() - Adnoc unit considers investment in UGI’s propane business ([more]() - MPE-backed Precision acquires SabCon Underground ([more]() - ABOUT Healthcare acquires Edgility ([more]() - Manhattan West Private Equity invests in Volo Sports ([more]() - KKR-backed BMC acquires Netreo ([more]() VC - Metsera, a clinical-stage biopharmaceutical company, raised $290M in funding ([more]() - Cape, a privacy-first mobile carrier, raised $61M in funding ([more]() - Avive Solutions, a developer of a connected automated external defibrillator – the Avive Connect AEDⓇ, raised $56.5M in Growth Equity funding ([more]() - Anvilogic, a provider of a multi-data platform SIEM, raised $45M in Series C funding ([more]() - Xfactor.io, a provider of a comprehensive AI-powered revenue platform, raised $16M in Series A funding ([more]() - GA Drilling, a company specializing in deep geothermal energy, raised $15M in funding ([more]() - Condoit, a provider of a platform for digitizing the electrical industry, raised $4.5M in Seed funding ([more]() - Hatch, a provider of AI-powered donor engagement solutions for nonprofits, raised $3M in Seed funding ([more]() - Verne, a developer of high-density hydrogen storage systems, raised an undisclosed amount in funding ([more]() - Nava Health, a group of holistic health and treatment centers focused on integrative medicine, raised an undisclosed amount in revenue-based funding from Decathlon Capital ([more]() - Volo Sports, a provider of community-focused, tech-enabled adult social sports and curated events, received a strategic growth investment from Manhattan West ([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 halving reinforces ‘sound money’ narrative ([more]() - Bitcoin miners reap windfall as 'Runes' debut sends transaction fees to record highs ([more]() - Grayscale's planned mini Bitcoin ETF will have a 0.15% fee, the lowest among spot Bitcoin ETFs ([more]() BULLISH BITES ✈️ AI in the sky: How [United Airlines uses AI]( to make flying the friendly skies a bit easier. 🎟 Hot ticket: The [secret retreats]( that have CEOs, VIPs, and billionaires jockeying for invites. 📱 Peek inside: What [really]( happens when you trade in an iPhone at the Apple store. 🤖 Wearables? Nah: The future of AI gadgets is [just phones](. 📈 Next blockbuster? [Fidelity, Bezos, Goldman bet big on tiny biotech](.* DAILY SHARES [tw profile: Spill The Memes] Spill The Memes @SpillTheMemes [tw] Apr 22, 2024 340 Likes 40 Retweets 6 Replies [tw profile: Fight With Memes] Fight With Memes @fightwithmemes [tw] Apr 21, 2024 20.9K Likes 4.44K Retweets 132 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 partners Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. 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