💼 Verdict volatility

Wall Street braces for volatility after Trump verdict -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 May 31, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → [Wall Street braces]( for volatility after Trump verdict, Wall St billionaires [rushing to back Trump](, [TikTok]( is preparing a US copy of the app’s core algorithm, S&P experiences [pricing glitch](, and Tesla shareholders advised [to reject]( Musk’s pay package… Calendar: (all times ET) Today: PCE Index, 8:30a Your 5-minute briefing for Friday, May 31: BEFORE THE OPEN As of market close 5/30/2024. Pre-Market: US Investor % Bullish Sentiment: 39.04% for Wk of May 30 2024 (Last week: 47.04%). Market Recap: - Stock futures dip: Dow -0.10%, S&P -0.20%, Nasdaq -0.31%. - Dell -16%, MongoDB -23%, Gap up 21%, Nordstrom -6%. - Major indexes fell Thursday: Dow -0.9%, S&P -0.6%, Nasdaq -1.1%. - S&P, Nasdaq ending 5-week win streaks; Dow set for second weekly loss. - April PCE data expected Friday; core PCE forecast +2.7% YoY. - Strong month: Dow +0.8%, S&P +4%, Nasdaq +7%. EARNINGS Full earnings calendar [here](. Next week’s earnings will post Monday 6/3. HEADLINES [Wall Street Braces for Potential Volatility After Trump Verdict]( Yardeni says stock market tends to tune out US political risk. Trump’s sentencing set for July 11, days before GOP Convention. [Sources: TikTok Preparing a US Copy of the App’s Core Algorithm]( TikTok is working on a clone of its recommendation algorithm for its 170M US users resulting in a version that operates independently of its Chinese parent and be more palatable to American lawmakers who want to ban it. - Wall Street Billionaires are rushing to back Trump, verdict be damned ([more]() - Trump campaign donation page crashes after guilty verdict ([more]() - Trump could still run for president if given prison time, though such a sentence is unlikely ([more]() - Wall Street aces gig T+1 test with no rise in failed trades ([more]() - Traders say disruptions minimal during S&P 500 pricing glitch ([more]() - Consumers curb economic growth in first quarter, inflation cools ([more]() - Dollar steadies before inflation test ([more]() - Oil falls as Fed policymakers look to maintain rate cuts ([more]() - Mortgage rates rose for the first time in four weeks ([more]() - US sues Hyundai, others over child labor at Alabama parts plant ([more]() - US is slowing AI chip exports to Middle East by Nvidia, AMD ([more]() - FAA will not allow Boeing to boost 737 MAX production yet ([more]() - Aircraft shortages turn into cash bonanza for some airlines ([more]() - BofA CEO says US consumers and businesses have turned cautious on spending ([more]() - Tesla shareholders advised by proxy adviser to reject Musk’s pay package ([more]() - Amazon Prime now includes a Grubhub food-delivery subscription ([more]() PRESENTED BY WISERADVISOR Compare top advisors in your area, Free. 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It’s easy. [Simply answer a few questions]( and WiserAdvisor will find and connect you with 2-3 financial advisors in your area now… [Match Me with a No-Obligation Advisor »]( ~ please support our sponsors ~ DEALFLOW M+A | Investments - KKR wins EU nod for $24B Telecom Italia network deal ([more]() - US Steel, Nippon Steel receive all non-US approvals for merger ([more]() - Skydance sweetens offer for Paramount Global ([more]() - Angeles Equity Partners acquires O’Hara’s Son Roofing ([more]() - Investcorp-backed Sunrise purchases Moceri Produce ([more]() - Broadridge buys AdvisorTarget ([more]() - Vista invests in Portside ([more]() - Cambridge Capital invests in STAT Recovery ([more]() - Chloris Geospatial, a company measuring forest carbon from space, received an investment from Cisco Foundation and NextSTEP ([more]() - Portside, provider of modern software solutions for the business aviation industry, received a strategic growth investment of undisclosed amount ([more]() - Shorelight, an enrollment and performance management platform that drives international student success at top universities, closed a $30M revolving facility with CIBC Innovation Banking ([more]() - MediaValet (MVP), provider of enterprise digital asset management and operations software, received credit facilities from CIBC Innovation Banking ([more]() VC - CoreWeave, a customized solutions provider developing cloud infrastructure for AI workloads, raised $1.1B in Series C funding ([more]() - Plenful, an AI workflow automation platform streamlining pharmacy and healthcare operations, raised $17M in Series A funding ([more]() - Axus Technology, a global provider of chemical mechanical planarization equipment, raised $12.5M in funding ([more]() - Remark, a New York-based product guidance startup for online stores, raised $10.3M in funding ([more]() - Weave Bio, provider of an AI-native life sciences platform, raised $10M in funding ([more]() - Fortunafi, an on-chain financial company, raised $9.5M in total funding ([more]() - Kintsugi AI, provider of a tax automation platform, raised $6M in Series A funding at a $40M valuation ([more]() - Basalt Technologies Corp., a spacecraft OS company, raised $3.5M in Seed funding ([more]() - (Re)vive, a solution addressing the challenges of unstockable and returned inventory for brands, raised $3.5M in Seed funding ([more]() - HoundDog.ai, a startup implementing data security and privacy controls at the code level, raised a $3.1M in seed funding ([more]() - Zendata, a provider of AI governance and data privacy solutions, raised $2M in Seed funding ([more]() - Kalogon, a company specializing in smart seating solutions, raised $1.2M in funding ([more]() CRYPTO - Andreessen Horowitz donates $25M to crypto PAC Fairshake ([more]() - Coinbase trading revenue under pressure as crypto comes of age ([more]() - Ether spot ETFs to see much lower demand than Bitcoin versions, JPMorgan says ([more]() - Terraform, Do Kwon agree in principle to settle fraud case with SEC ([more]() BULLISH BITES 💡 Perspective: Pandemic puts Pioneer [oil price-fixing]( accusations in a different light. 🤖 Full Circle: [Google Zero]( is here — now what? 🤔 Second Thoughts: Why the UK’s [richest plumber]( regrets selling out to KKR. 💰 Don’t put if off: [Connect with the best financial advisor]( for your needs from WiserAdvisor - a no-cost, independent and unbiased matching service - [try it now »]( * 🐝 Brilliant: [12-year-old]( wins astonishing spell-off at Scripps National Spelling Bee. DAILY SHARE [tw profile: Autism Capital 🧩] Autism Capital 🧩 @AutismCapital [tw] In America, they forced us to vote between a felon, a man with dementia, and a brain worm. May 31, 2024 583 Likes 59 Retweets 38 Replies [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] Get back in there and save us! $NVDA May 31, 2024 118 Likes 7 Retweets 13 Replies [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] May 30, 2024 5.87K Likes 447 Retweets 109 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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