💼 Nvidia triples

Nvidia shares pass $1,000 after blowout earnings -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 May 23, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → [Nvidia shares pass $1,000]( on blowout earnings, [House approves]( crypto FIT21 bill, White House signals [Biden will sign]( crypto bill, existing-home sales [unexpectedly fall](, and OpenAI inks deal with [News Corp.]( to improve ChatGPT… Calendar: (all times ET) Today: Initial jobless claims, 8:30a FRI, 5/24: Durable-goods orders, 8:30a Consumer sentiment, 10:00a Your 5-minute briefing for Thursday, May 23: BEFORE THE OPEN As of market close 5/22/2024. Pre-Market: US Investor % Bullish Sentiment: 40.86% for Wk of May 16 2024 (Last week: 40.82%) Market Recap: - Stocks fell Wed on Fed minutes hinting at persistent inflation. - Fed minutes suggest potential rate hikes. - Dow dropped 201.95 points (0.51%), its worst session in May. - S&P lost 0.27%, Nasdaq fell 0.18% - Target fell 8% on weak earnings, raising consumer spending concerns. EARNINGS What we’re watching this week: - Today: Intuit ([INTU](), Workday ([WDAY]() Full earnings calendar [here]( [Uncover the Potential of a Soaring Penny Stock]( *By clicking this link you are subscribing to The Bullish Trader Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [(Privacy Policy/Disclosures)]( HEADLINES [Nvidia Shares Pass $1,000 for First Time on AI-Driven Sales Surge]( Nvidia reported fiscal first-quarter earnings on Wednesday that beat expectations for sales and earnings suggesting demand for the AI chips Nvidia makes remains robust. [White House Signals Biden Will Sign Crypto Market Bill if it Passes Congress]( The Biden admin released a statement calling for Congressional collaboration on a “comprehensive and balanced regulatory framework for digital assets.” - House approves crypto FIT21 bill with wave of democratic support ([more]() - US securities regulator urges against crypto bill adoption ([more]() - Fed shifts talk to 'scenarios' as policy grows less certain ([more]() - Goldman Sachs CEO says he sees "zero" rate cuts this year ([more]() - Biden widens student loan relief to more than 10% of borrowers ([more]() - Existing-home sales unexpectedly fall, prices stay high ([more]() - Oil prices maintain losing streak on inflation confusion ([more]() - Goldman sees more dollar strength amid fight against inflation ([more]() - Most Americans falsely think the US is in recession ([more]() - Latin America’s steel tariffs won’t push China away ([more]() - Target, Walmart shoppers seek home goods, grocery delivery online ([more]() - US consumer watchdog will apply credit card rules to buy now, pay later companies ([more]() - Pfizer aims to save $1.5B by 2027 in first wave of new cost cuts ([more]() - OpenAI inks deal with News Corp. to improve ChatGPT ([more]() - Amazon to give Alexa an AI overhaul — and a monthly subscription price ([more]() DEALFLOW M+A | Investments - Anglo opens talks with BHP after rejecting $49B offer ([more]() - Firefly Aerospace backers explore $1.5B sale ([more]() - Disney said to sell stake in Tata’s $1 Billion India TV platform ([more]() - NFL owners delay private equity vote to allow more deal talks ([more]() - Lagardere says it is closing in on sale of Paris Match Magazine to LVMH ([more]() - Deutsche Bahn gathers bids for €15B logistics arm ([more]() - Cover Whale Insurance Solutions, a insurtech company, raised $27.5M in debt and equity from investment funds managed by Morgan Stanley Expansion Capital ([more]() - XponentL, a data and AI consultancy, raised a strategic investment from Databricks Ventures and Inoca Capital Partners ([more]() - Velotix, a AI-driven DSP, received an investment from Barclays Bank and Capri Ventures ([more]() VC - Suno, a music creation platform, raised $125M in funding ([more]() - Coactive Systems, an AI powered platform to make image and video data useful, raised $30M in Series B funding at a $200M valuation ([more]() - Allez Health, provider of a continuous glucose monitoring biosensor platform, raised a $60M Series A+ financing ([more]() - Hydrolix, a streaming data lake platform, closed a $35M Series B funding ([more]() - SOCRadar, provider of enterprise-grade, threat intelligence and brand protection solutions, raised $25.2M in Series B funding ([more]() - PolarityTE, a biotech company developing regenerative tissue products, raised $22.5M in funding ([more]() - Aerodome, a drone-as-first-responder (DFR) tech company, raised $21.5M in Series A funding ([more]() - Expedera, a licensor of edge inference AI semiconductor IP, raised $20M in Series B funding ([more]() - Verse, a software enabling organizations to understand, plan, and manage clean energy, raised a $20.5M Series A funding ([more]() - Majority, a platform offering mobile banking and international services to migrants in the US, raised $20M in funding ([more]() - Patronus AI, an automated evaluation and security platform, raised $17M in Series A funding ([more]() - Max Retail, a marketplace for independent retailers and brands to sell excess inventory, raised $15M in Series A funding ([more]() - Bolster, a multi-channel phishing protection company, raised $14M in Series B funding ([more]() - Amino Health, a digital healthcare navigation company, raised $10M in funding ([more]() - Superlegal, an AI platform for legal contract review for SMB’s, raised $5M in Seed funding ([more]() - Skribe.ai, a legaltech platform, raised $3.5M in funding ([more]() - Volt, a messaging operations infrastructure platform, closed its $3M seed funding round ([more]() - InfinitForm, a company providing GenAI software, raised an undisclosed amount in Seed funding ([more]() - healthŌme, a genomics-based precision health management company, raised an undisclosed amount in Seed funding ([more]() CRYPTO - Fed inflation doubts leave crypto markets flat ([more]() - Why the crypto market is betting on spot-Ether ETFs ([more]() BULLISH BITES 🫣 Oof: A $444 billion '[fat finger](' trade crashed stocks. 🔑 Pursuits: Garry Tan has revealed his ‘[secret sauce](’ for getting into Y Combinator. 🚨 Investor alert: Central Banks preparing for [US dollar collapse?]( * ⛔️ Flawed: Startup Humane is looking for a buyer after the AI Pin's [underwhelming]( debut. 🥣 Health tech: This Japanese electric [salt spoon]( makes low-sodium food taste better. DAILY SHARE [tw profile: Robert Sterling] Robert Sterling @RobertMSterling [tw] When you’re the one guy who never bought Nvidia shares and you see another record earnings release Morning Brew ☕️ @MorningBrew JUST IN: Nvidia Q1 Earnings - EPS: $6.12 vs. $5.59 (exp) - Revenue: $26.04 billion vs. $24.65 billion (exp) - Announced 10:1 stock split All hits, no misses. May 22, 2024 349 Likes 8 Retweets 21 Replies [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] Now THAT is hard. $NVDA May 22, 2024 374 Likes 48 Retweets 17 Replies [tw profile: roon] roon @tszzl [tw] how it feels as a robinhood tsla shareholder voting to give elon his comp package May 22, 2024 489 Likes 18 Retweets 23 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. 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