💼 TXSE takes on NYSE

Citadel and BlackRock back starting National Stock Exchange in Texas -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 June 05, 2024 | [Read Online]( In partnership with First time here? [Sign up]([»]( Good morning. The Fast Five → , India's stock markets [erase $371 billion]( in a single day, Amazon’s [first US labor union]( affiliates with Teamsters, [Tesla]( plans to spend $3-$4 billion on Nvidia hardware this year, and [E*Trade spurs backlash]( for threatening to oust 'Roaring Kitty' off platform… Calendar: (all times ET) Today: US trade deficit, 8:30a THU, 6/6: Initial jobless claims, 8:30a FRI, 6/7: Unemployment rate, 8:30a Your 5-minute briefing for Wednesday, June 5: BEFORE THE OPEN As of market close 6/4/2024. Pre-Market: US Investor % Bullish Sentiment: ↓ 39.04% for Wk of May 30 2024 (Last week: 47.04%). Market Recap: - Stock futures near flat Tuesday night. - Dow futures up 49 points (0.1%), S&P, Nasdaq up 0.1%. - HPE up 16% on strong earnings, CrowdStrike up 7%. - Dow gained 140 points, S&P 500, Nasdaq up 0.2%. - JOLTS: 8.059M vacancies in April, lowest in 3 years. - ADP jobs data, expected 175,000 jobs in May. - Key data today: services/nonmanufacturing - Dollar Tree, Lululemon earnings coming up. EARNINGS What we’re watching this week: - Today: Campbell Soup ([CPB](), ChargePoint ([CHPT](), Dollar Tree ([DLTR](), Five Below ([FIVE](), Victoria's Secret ([VSCO]() - [Lululemon Athletica (LULU)]( - earnings of $2.38 per share, (+4.4% YoY) on $2.2B revenue (+10% YoY) - Thursday: Big Lots ([BIG](), DocuSugn ([DOCU](), Nio ([NIO]() - [Ciena (CIEN)]( - earnings of $0.15 per share (-79.7% YoY) on $894.9M revenue (-20.8% YoY) Full earnings calendar [here](. HEADLINES [India's Stock Markets Erase $371 Billion in a Single Day on Election Uncertainty]( The All India Market Capitalization index, tracked on the Bombay Stock index, dropped over $371 billion on June 4 alone. [Citadel and BlackRock Back Starting National Stock Exchange in Texas]( TXSE Chairman and CEO James Lee said the Dallas-headquartered group has raised $120 million with the support of more than two dozen investors. - US job openings drop in April, as labor market normalizes ([more]() - House lawmakers seek access to full Boeing quality plan ([more]() - Bond traders pile into fresh bets on faster pace of Fed cuts ([more]() - Dollar drifts higher from multi-month lows; yen gains ([more]() - Gold falls, moving in line with bearish technicals as Dollar recovers ([more]() - Poll: No relief for emerging currencies seen as investors ponder elections ([more]() - India election results give relief to nervous Modi bulls ([more]() - Nippon exec warns of “nightmare” scenario for a solo US Steel ([more]() - Chinese spies are targeting disgruntled workers within US companies ([more]() - Amazon’s first labor union moves to affiliate with Teamsters ([more]() - E*Trade possibly ousting GameStop bull 'Roaring Kitty' spurs online backlash ([more]() - Tesla likely to spend $3-$4 billion on Nvidia hardware this year ([more]() - Warner Bros. Discovery hikes prices for Max streaming service ([more]() - Private equity says it’s got the data to back a push into sports ([more]() - Diamond industry ‘in trouble’ as lab-grown gemstones tank prices further ([more]() TOGETHER WITH BETTERMENT Put your money to work in a high-yield cash account with up to $2M in FDIC†insurance through program banks. [Get started today](, with as little as $10. DEALFLOW M+A | Investments - Intel agrees to sell 49% of factory to Apollo for $11B ([more]() - CoreWeave offers $1 billion for Core Scientific ([more]() - Blackstone bets on UK rental homes in $740M deal ([more]() - UST, a digital solutions company, acquired Endeavor Consulting Group, a global player in supply chain management and product commercialization consulting ([more]() - Deloitte acquired all of the assets of End Point’s disease surveillance company CasePointer ([more]() - Seedtag, a contextual advertising company, acquired Beachfront, provider of a sell-side ad platform built for CTV and streaming ([more]() - ITCM, a technology solution provider, acquired Value Logic, an IT managed service provider ([more]() - Databricks, a data and AI company, acquired Tabular, a data management company ([more]() - PE-backed RoadSafe acquires Site-Safe and IAS ([more]() - Advent-backed Imperial Dade buys Regional Distributors ([more]() - GreyLion-backed Trifecta Collective buys Transact ([more]() - Consor Holdings, transportation and water infrastructure engineering and consulting services, received a Growth investment from New Mountain Capital ([more]() - TA invests in Solarity, a provider of automated clinical data processing services for acute and ambulatory healthcare providers ([more]() - L Squared invests in TeachTown ([more]() - Trilantic North America invests in SOFIE Biosciences ([more]() - aNexus Cognitive, an innovator in enterprise data & AI foundations, received an investment from Insight Partners ([more]() VC - Xcimer Energy, an inertial fusion company, raised $100M in Series A funding ([more]() - The Desire Company, an expert product education company, closed its Series B funding round, increasing its valuation to $97M ([more]() - Storyblok, a modern content management system for teams, raised $80M in Series C funding ([more]() - ActuityMD, a technology partner to the commercial MedTech industry, raised $45M in Series B funding ([more]() - WindBorne Systems, provider of an atmospheric sensing system and AI weather model, raised $15M in Series A funding ([more]() - Stacklet, a leader in cloud governance and optimization as code, raised $14.5M in Series B funding ([more]() - Axena Health, a medical device company focused on female pelvic health, closed on an additional $9.4M in its Series A funding ([more]() - Raydiant Oximetry, a clinical-stage medical device company, raised $7.5M in Series A3 Extension funding ([more]() - Mint Blockchain, an Ethereum L2 network for NFT industry, raised $5M in Seed funding ([more]() - SciTech Development, a clinical-stage, specialty oncology pharmaceutical company, raised additional $3.2M in funding ([more]() - Keragon, an AI-powered HIPAA-compliant automation platform for healthcare, raised $3M in funding ([more]() - Prósperos, a financial platform for the Spanish-speaking Western hemisphere, raised $3M in Seed funding ([more]() - Thoughtly, a startup building AI voice agents for contact centers, raised $3M in Seed funding ([more]() - CaseMark AI, a company specializing in legal generative AI workflows, raised $1.7M in Seed funding ([more]() - Claroty, a cyber-physical systems protection company, raised a further growth funding of undisclosed amount ([more]() CRYPTO - Bitcoin sees profit-taking around $70K amid ‘stubbornly bullish’ sentiment ([more]() - Hacked Japan exchange to raise About $320M to buy Bitcoin ([more]() - Bain Capital Crypto raising second fund ([more]() - Novogratz sees Bitcoin topping $100,000 if it regains March high ([more]() BULLISH BITES 📈 Performance: The companies driving [The 2024 Midas List](. 🤑 Meme Mania: How [Roaring Kitty’s wealth]( went from $53K to nearly $300 million — and could one day top $1 billion. 🛒 Savers: What is ‘[spaving](’ and how it could hurt your finances. 🏸 ’Rocket’ Man: The multimillion-dollar [scandal]( rocking pickleball. 👟 Tastemakers: Are [wedding sneakers]( the ultimate power flex? DAILY SHARE [tw profile: Overheard on Wall Street] Overheard on Wall Street @OHWallStreet [tw] NYSE finding out about the TXSE Bloomberg @business BlackRock, Citadel and other investors are backing an upstart Texas stock market to challenge the NYSE and Nasdaq Jun 5, 2024 27 Likes 1 Retweet 1 Reply [tw profile: wallstreetbets] wallstreetbets @wallstreetbets [tw] The government: Jun 5, 2024 2.19K Likes 393 Retweets 81 Replies [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] S&P 500 closes less than 1% from new all-time highs. $SPY Meanwhile, Fear & Greed: Jun 4, 2024 322 Likes 24 Retweets 24 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. 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