Alphabet announces first-ever dividend... your pre-market briefing inside â April 26, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five â [Alphabet]( announces first-ever dividend, [GDP growth slowed]( well below expectations, Fed rate cuts dream slowly [slipping]( away, FCC votes to restore [net neutrality](, and [Huaweiâs new phone]( sports latest made-in-China chip⦠Calendar: (all times ET) Today: PCE index, 8:30a
Consumer Sentiment, 10:00a Your 5-minute briefing for Friday, April 26: BEFORE THE OPEN As of market close 4/25/2024. Pre-Market: US Investor % Bullish Sentiment:
32.13% for Wk of Apr 25 2024 (Last week: 38.27%) Market Recap: - Stocks tumble on weak US economic data, inflation worries - Dow falls 0.98%, S&P 500 down 0.46%, Nasdaq drops 0.64% - Q1 GDP growth at 1.6% vs. expected 2.4% - Personal consumption expenditures index rises 3.4% - Concerns over persistent inflation, Fed rate cuts - Tech giants hit: Meta plunges 10.5%, IBM falls 8.3% - Meta's light revenue guidance raises tech sector worries EARNINGS What weâre watching this week: - Today: AbbVie ([ABBV](), Chevron ([CVX](), Exxon Mobil ([XOM]() Full earnings calendar [here]( A MESSAGE FROM BEHIND THE MARKETS China to Launch Gold-Backed Currency A mountain of evidence compiled over the past 20 months makes it clear to us that China will make this announcement as soon as May 6, 2024. How you handle this situation will be one of the most important financial decisions you ever make. Here are 3 steps to take right now to protect yourself - and a $2 gold mining stock that could soar 1,000% when their announcement comes. [Get the name of the micro-cap here ]( HEADLINES [Alphabet Announces First-Ever Dividend, Shares Soar]( Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, cheering investors who sent the stock surging nearly 16% after the bell. [The Dream of Fed Rate Cuts Is Slipping Away]( Investors back away from expectations that central bank can reduce rates in coming months. - GDP growth slowed to a 1.6% rate in the first quarter, well below expectations ([more]() - Wall Street stocks fall as weak GDP growth spreads rate-cut gloom ([more]() - Mortgage rates continue upward climb to 7.17% ([more]() - Airlines ordered to give full cash refunds instead of vouchers and to stop hiding fees ([more]() - Sanders launches investigation into 'unacceptable' diabetes, weight loss drug prices ([more]() - Chinese firms are investing abroad at fastest pace in eight years ([more]() - ByteDance prefers TikTok shutdown in US if legal options fail ([more]() - Microsoft cloud growth accelerates on back of AI push ([more]() - Microsoft says cloud AI demand is exceeding supply ([more]() - Snap shares soar 23% as company beats on earnings ([more]() - Southwest Airlines exits multiple airports as Boeing troubles weigh ([more]() - Huaweiâs new phone sports latest version of made-in-China chip ([more]() - BGC Group takes aim at 'heavyweight champ' CME exchange ([more]() - Paramount and Skydance inch closer to a merger as key hurdle looms ([more]() DEALFLOW M+A | Investments - Clinical lab operator Labcorp to buy bankrupt genetic test maker Invitae for $239M ([more]() - Blackstone to sell $1.6 Billion of student housing to KKR ([more]() - AirAsia plans new listing with $1.4 Billion merger of units ([more]() - KKR purchases Nexeye from 3i ([more]() - T-Mobile, EQT form JV to acquire Lumos ([more]() - Anglo American does not find BHP $39B offer attractive ([more]() - GTCR acquires AssetMark ([more]() - CC Industries purchases Foremark ([more]() - Finsight, a fintech company, acquired T-REX, provider of a cloud-native platform to manage investments across private credit ([more]() - Marsh McLennan Agency acquires Fisher Brown Bottrell Insurance ([more]() - Wynnchurch-backed FCA Packaging invests in Greentree ([more]() VC - Augment, an AI coding assistance startup, raised $227M in Series B funding at $977M valuation ([more]() - Agilitas Energy, an integrated developer of distributed energy storage and solar photovoltaic systems, raised $100M in Debt funding ([more]() - Cerevance, a company focused on developing therapeutics for central nervous system diseases, raised $47M in Series B-1 Extension ([more]() - PinkDx, Inc., a company focused on positively impacting the health of women throughout their life journey, raised $40M in Series A financing ([more]() - Movement Labs, a blockchain development team that combines modular elements to create secure Ethereum ecosystem, raised $38M in Series A financing ([more]() - AtaCor Medical, a medical device company, raised $28M in Series C funding ([more]() - Chemix, an EV-battery developer, raised $20M in Series A funding ([more]() - Dropzone AI, a developer of AI security analysts for security operations teams, raised $16.85M in Series A funding ([more]() - RevOpsis Therapeutics, a biopharmaceutical company innovating ophthalmic therapies, closed its first seed round of $16.5M ([more]() - Carv, a modular data layer for gaming and AI, raised $10M in Series A funding ([more]() - Anon, provider of a developer platform empowering secure AI access to user accounts online, raised $6.5M in funding ([more]() - Radical, a high-altitude solar-powered aircraft maker, raised $4.5M in Seed funding ([more]() - Diddo, a provider of an API for interactive ads, raised $2.8M in seed funding ([more]() - Handl Health, a provider of an AI platform to help benefits consultants design health benefits, raised $2.5M in Seed funding ([more]() - Moso, a shop-to-earn platform that merges online shopping with cryptocurrency, closed a $2M seed funding round ([more]() - Continuum, a technology firm specializing in digital networks for B2B, raised $1.7M in Pre-Seed funding ([more]() - Churnkey, a provider of subscription retention automation software, raised $1.5M1` in funding ([more]() First time reading? [Get tomorrowâs briefing here »]( CRYPTO Powered by [MILKROAD]([Â]([- Get smarter about crypto in 5 min.]( - Bitcoin outperforms Nasdaq after US economy grew less than projected in Q1 ([more]() - Samourai Wallet founders arrested as part of federal crackdown on crypto mixing ([more]() - âBuy Bitcoinâ notepad held behind Janet Yellen's 2017 speech sells for $1M ([more]() - Stripe brings back crypto payments Via USDC stablecoin ([more]() BULLISH BITES ð Next level: [Lamborghini]( tiptoes toward electric with new Urus Hybrid SUV. ð Losing luster: Plunging home prices, fleeing companies: [Austinâs glow Is fading](. ð¥ East end: Top places to eat, drink, and party in the [Hamptons]( this summer. ð¥Â #1 AI stock? Artificial intelligence stocks are carrying the market. But [which one should you buy and when? »]( * ð Fallout: [Gen Z]( is losing its political voice on social media. DAILY SHARES [tw profile: litquidity] litquidity @litcapital [tw] While weâre at it Apr 25, 2024 1.93K Likes 86 Retweets 19 Replies [tw profile: Douglas A. Boneparth] Douglas A. Boneparth @dougboneparth [tw] My family wanted to see where I lost all our money. Apr 25, 2024 6.94K Likes 247 Retweets 238 Replies [tw profile: Ramp Capital] Ramp Capital @RampCapitalLLC [tw] How it feels knowing that I never downloaded TikTok Apr 26, 2024 331 Likes 37 Retweets 16 Replies What did you think about today's briefing? - [âï¸âï¸âï¸âï¸âï¸ Excellent, keep it comin'!](
- [âï¸âï¸âï¸âï¸ Good stuff](
- [âï¸âï¸âï¸ It was alright](
- [âï¸ Needs work]( Have a comment or suggestion?
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