💼 Fierce competition

PLUS - Earnings kick into high gear… your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 April 23, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → [Earnings]( kick into high gear, [Tesla slides]( as EV makers slash prices amid fierce competition, [Russia warns the world]( is on the brink of a ‘direct military clash’ between nuclear powers, [US sues]( to block union of Coach and Michael Kors, and luxury real estate prices hit an [all-time record](… 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 Tuesday, April 23: BEFORE THE OPEN As of market close 4/22/2024. Pre-Market: US Investor % Bullish Sentiment: 38.27% for Wk of Apr 18 2024 (Last week: 43.44%) Market Recap: - U.S. stock futures stable after S&P 500 ends six-day slide. - Dow up 0.05%, S&P 500 futures rise 0.02%, Nasdaq dips 0.06%. - Tech rebound drives Monday's gains, Nvidia surges 4%. - Mega-cap earnings in focus: Tesla, Meta, Alphabet, Microsoft. - New home sales data eyed for Tuesday's economic update. EARNINGS What we’re watching this week: - Today: 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 SIGNM Every investor needs an edge. Sharpen your edge with Al-powered financial news and social media analysis. [SIGNM]( gives you access to actionable insights EARLY by knowing what others are thinking: ✔️ Easily monitor millions of opinions daily about the market ✔️ See what's trending, gaining or losing momentum ✔️ Bullish and bearish sentiment summary ✔️ Millions of social media posts analyzed daily ✔️ View over 1,000+ stocks profiled ✔️ And much more. Dip into AI today with SIGNM’s market insights. [Market Briefing readers save up to 69% for a limited time]( ~ please support our sponsors ~ HEADLINES [Earnings Week Kicks Into High Gear]( Corporate America is set to kick off the busiest week for first-quarter earnings. [Tesla Slides, Li Auto Sinks Amid Fierce EV Price Competition]( Tesla reportedly cut the starting price of its Model 3 in China to 231,900 yuan ($32,000) on Sunday, a reduction of 14,000 yuan. - Russia warns the world is on the brink of a ‘direct military clash’ between nuclear powers ([more]() - 'Overdue' pullback in US stocks to test dip-buyers' resolve ([more]() - Geopolitical tensions are US credit investors' top concern, BofA survey says ([more]() - Heavy price pressure on gold, silver as risk aversion recedes ([more]() - Luxury real estate prices just hit an all-time record ([more]() - US consumers on lower incomes face loan stress while banks pull back ([more]() - US sues to block $8.5 Billion union of Coach, Michael Kors ([more]() - High global food prices may finally see a bottom in 2024, says Oxford Economics ([more]() - Delta Air Lines gives staff another 5% raise, hikes starting wages to $19/hour ([more]() - Ex-JetBlue CEO Robin Hayes to run Airbus North America ([more]() - Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale ([more]() - Lululemon to shutter Washington warehouse, lay off 128 employees ([more]() - Construction starting on bullet train rail between Las Vegas and SoCal ([more]() DEALFLOW M+A | Investments - Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives ([more]() - Informatica says it’s not for sale, following Salesforce’s reported interest in $10 billion deal ([more]() - Kroger, Albertsons to sell 166 more stores seeking approval of $25 billion merger ([more]() - Public, a provider of an investing platform where members can invest in stocks, options, bonds, crypto, and alternative assets, acquired the TradeApp investment accounts from Stocktwits ([more]() - West Lane purchases Mented Cosmetics Brand ([more]() - Cyber Advisors buys S&L Computer Services ([more]() VC - Rippling, a workforce management startup, raised $200M in new financing ([more]() - Givebutter, a provider go a nonprofit fundraising and CRM platform, raised $50M in funding ([more]() - Rubedo Life Sciences, a biopharmaceutical company committed to developing first-in-class therapies targeting senescent cells diseases, closed a $40M Series A financing round ([more]() - Salubris Biotherapeutics, a clinical-stage biotechnology company developing novel biologic therapeutics, raised $35M in funding ([more]() - Pomelo, a consumer fintech enabling international money movement with consumer credit, raised $35M in Series A in venture capital and a $75M expansion of its warehouse facility ([more]() - AccessHope, a cancer benefit company, raised $33M in Series B funding ([more]() - iVEAcare, a development stage medical device company, raised $27.5M in Series A funding ([more]() - Exowatt, a renewable energy company, raised $20M in seed funding ([more]() - Curio Legacy Ventures, a tech development company dedicated to advancing a closed fuel cycle, raised $14M in Seed funding ([more]() - Homium, a home equity mortgage lender and provider of a securitization platform, raised $10M in Series A funding ([more]() - Clarity Pediatrics, a digital health company, raised $10M in funding ([more]() - Auxa Health, a provider of an AI-powered benefit navigation technology solution, raised $5.2M in Seed funding ([more]() - VulnCheck, an exploit intelligence company, closed its seed funding round at a total of $7.95M, with $4.75M in new funding ([more]() - Pelvital USA, Inc., a women’s health company, closed an additional $2.32M in its seed-plus funding round ([more]() First time reading? [Get tomorrow’s briefing here »]( CRYPTO Powered by [MILKROAD]([Â]([- Get smarter about crypto in 5 min.]( - ‘Buy Bitcoin’ sign flashed behind Yellen is being auctioned off ([more]() - Bitcoin risks another ‘sell-the-news’ market move after halving ([more]() - Shiba Inu fetches $12M investment in a token sale to build privacy-focused blockchain ([more]() BULLISH BITES 💍 Pursuits: Here’s the lab-grown diamond startup that’s [attracted a16z](’s attention. 🎪 Cicus: Trump’s trial is the [reality show]( he never wanted. 🩺 Speed-dial: [Meet]( the private doctor to the wealthy (at $40K a year). ☕️ The buzz: [Coffee drinking]( hits record high in the US. 📈 Invest Smarter: Get your investing edge with Al-powered emerging trends and social sentiment analysis. [Save up to 69% for a limited time »]( * DAILY SHARES [tw profile: sophie] sophie @netcapgirl [tw] wow can’t wait unusual_whales @unusual_whales The New York Stock Exchange is polling participants on the possibility of being able to trade stocks 24/7, per FT Apr 22, 2024 648 Likes 11 Retweets 16 Replies [tw profile: VCs Congratulating Themselves 👏👏👏] VCs Congratulating Themselves 👏👏👏 @VCBrags [tw] European politicians after signing their 90th AI regulation bill of the year Apr 22, 2024 2.49K Likes 165 Retweets 21 Replies [tw profile: Fight With Memes] Fight With Memes @fightwithmemes [tw] Apr 22, 2024 59 Likes 7 Retweets 0 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? 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