💼 EV tariffs

Biden set to impose tariffs on China EVs -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 May 10, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → Biden set to [impose tariffs]( on China EVs, [Robinhood]( makes headway beyond trading, [Apple]( to power AI tools with in-house chips, relief from high mortgage rates [not coming soon](, and Musk may [testify again]( in SEC's Twitter probe… Calendar: (all times ET) Today: Consumer sentiment, 10:00a Your 5-minute briefing for Friday, May 10: BEFORE THE OPEN As of market close 5/9/2024. Pre-Market: US Investor % Bullish Sentiment: 40.82% for Wk of May 09 2024 (Last week: 38.49%) Market Recap: - Dow futures up 0.1%, S&P climbs 0.09%, Nasdaq gains 0.1%. - Dow's longest win streak since December; rose 0.85%. - S&P closes above 5,200 for the first time since April. - Fed hints at no rate hike, boosting market confidence. - Week on track for gains: Dow up 1.8%, S&P up 1.7%, Nasdaq up 1.2%. - May consumer sentiment expected to ease slightly to 76.0. EARNINGS Full earnings calendar [here]( HEADLINES [Biden Set to Impose Tariffs on China EVs, Strategic Sectors]( US set to target electric vehicles, reject across-board hikes. Action comes after multi-year review of Trump-era duties. [Robinhood Makes Headway Beyond Trading]( The expanded offerings show that the 11-year old trading app, best known for its appeal among retail traders, is beginning to mature into a full-fledged financial services provider. - Dow closes up to make it seven in a row, as jobs data boosts rate-cut hopes ([more]() - Weekly jobless claims jump to the highest since August ([more]() - High mortgage rate relief isn't coming soon, experts say ([more]() - Asia stocks rally on renewed global rate cut optimism ([more]() - China's exports return to growth in April, boosting economy ([more]() - The Port of Virginia’s plan to become No. 1 on the East Coast for super-sized ocean containerships ([more]() - Apple to power AI tools with in-house server chips this year ([more]() - Musk may be compelled to testify again in SEC's Twitter takeover probe ([more]() - Airbnb slumps as gloomy forecast fans slowdown fears ([more]() - Sony’s plans for Paramount include sale of famous studio lot ([more]() - PE scrambles to find an alternative to IPOs to unlock $3 Trillion ([more]() - Frequent flyer programs fairness questioned in DC hearing ([more]() - Target to cut LGBTQ Pride month products from some stores after backlash ([more]() - Investor found guilty in Trump Media insider trading case ([more]() Sponsored [Billionaire Tech Investor - How He Got Rich]( He’s already made gains of 200,000% … 499,000% … and even 3,250,000% on tech startups over the last two decades. Now, he’s invested in a stock few people have heard of, which is trading for just $25 a share.[See how you can invest alongside him.]( [Privacy Policy/Disclosures]( DEALFLOW M+A | Investments - BP looking to buy Tesla's Supercharger sites in US ([more]() - Sinclair explores selling roughly 30% of its broadcast stations ([more]() - Power producer Calpine explores options including $30B sale ([more]() - T-Mobile, Verizon in talks to buy parts of US Cellular ([more]() - Bain Capital invests $250M in business services firm Sikich ([more]() - Blackstone set to clinch Hipgnosis songs as Concord sticks with lower bid ([more]() - Sony Group, others eyeing buyout of Infocom ([more]() - GSM Outdoors' owner explores sale of hunting gear maker ([more]() - Ares Real Estate, EQ team up on $500M UK hotels acquisition ([more]() - UK approves Vodafone-Three merger with conditions ([more]() VC - Zenas BioPharma, a biopharmaceutical company developing immunology therapies, raised $200M in Series C funding ([more]() - Bluejay Therapeutics, a company specializing in the development of novel therapeutics, raised $182M in Series C funding ([more]() - Hysata, a company developing electrolysers that aim to produce green hydrogen, raised $111M in Series B funding ([more]() - Aardvark Therapeutics, Inc., a clinical-stage biopharmaceutical company, raised $85M in Series C financing ([more]() - Li Industries, a developer of lithium-ion battery recycling tech, raised $36M in Series B funding ([more]() - ArkeaBio, an ag-biotech startup, raised $26.5M in Series A funding ([more]() - Sift Healthcare, a provider of AI-powered healthcare payment solutions, raised $20M in Series B funding ([more]() - Triomics, a company advancing gen AI models to streamline workflows for cancer centers, raised $15M in funding ([more]() - Cheetah Technologies, a restaurant supply tech and food distribution innovator, raised additional $14M in funding ([more]() - Lagrange Labs, a company specializing in scaling blockchain computation, raised $13.2M in Seed funding ([more]() - CoverTree, an insurtech company specializing in manufactured home insurance solutions, raised $13M in Series A funding ([more]() - FleetPulse, a railer telematics solution provider, announced its launch with $11M in seed funding ([more]() - Pascal, a startup developing heat pumps, air conditioners and refrigerators, raised $8M in Seed funding ([more]() - Chip City Cookies, a gourmet cookie chain, raised $7.5M in Series B funding ([more]() - Mycocycle, a nature-inspired biotechnology company, raised $3.6M in funding ([more]() - Little Sparrows Technologies, a neonatal medical device startup, raised $3M in Seed funding ([more]() - DoorSpace, a healthcare technology company, raised $2M in Seed funding ([more]() - Outpave, a spend management startup, raised $1.2M in Seed funding ([more]() - Archive Intel, a provider of AI communications archiving and compliance solutions , raised $1M in Seed funding ([more]() - SorbiForce, a sustainable battery technology company, raised $340K in Crowdfunding ([more]() Any news or data you wish was included in your briefing? …just hit reply and tell us! CRYPTO - Bitcoin’s longest losing streak of 2024 casts cloud over crypto ([more]() - Crypto monthly trading volume drops for first time in seven months to $6.58T ([more]() - Binance fired investigator who uncovered market manipulation at client DWF labs ([more]() BULLISH BITES 😂 This mom: In honor of Mother's Day, one mom serves up a "tight five" in her own living room. 🙏 Mea culpa: Apple [apologizes]( for iPad ‘Crush’ ad that ‘missed the mark’. 🔥 #1 AI stock? Artificial intelligence stocks are carrying the market. But [which one should you buy and when? »]( * 😘 Adieu: The Chevy Malibu was so [uncool]( it was cool. 🏆 50 of the best: Robb Report’s [Grooming Awards]( 2024. DAILY SHARES [tw profile: litquidity] litquidity @litcapital [tw] Send to all the jacked VPs May 9, 2024 1.18K Likes 46 Retweets 30 Replies [tw profile: Fight With Memes] Fight With Memes @fightwithmemes [tw] May 9, 2024 120 Likes 21 Retweets 2 Replies What did you think about today's briefing? - [⭐️⭐️⭐️⭐️⭐️ Excellent, keep it comin'!]( - [⭐️⭐️⭐️⭐️ Good stuff]( - [⭐️⭐️⭐️ It was alright]( - [⭐️ Needs work]( Have a comment or suggestion? 💌 [Send us a message](mailto:feedback@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. 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. 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