💼 Billions at stake

Roaring Kitty’s YouTube return puts billions on the line for GameStop -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 June 07, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → Roaring Kitty’s YouTube return puts [billions on the line]( for GameStop ([watch it here]( @ 12p ET), [jobs report]( Is set to confirm steady slowdown, [ECB cuts]( interest rates for the first time in 5 years, Starbucks teams up with Grubhub, and short bets [against]( Nvidia stand at $34 billion. Full briefing ahead after this question… Are you in GME today? - [YES]( - [NO]( Calendar: (all times ET) Today: Unemployment rate, 8:30a Your 5-minute briefing for Friday, June 7: BEFORE THE OPEN As of market close 6/6/2024. Pre-Market: US Investor % Bullish Sentiment: ↓ 39.04% for Wk of May 30 2024 (Last week: 47.04%). Market Recap: - Futures flat ahead of today’s payroll report. - Dow futures +67 points (0.18%), Nasdaq +0.17%, S&P +0.13%. - Regular trading: Dow +0.20%, S&P -0.02%, Nasdaq -0.09%. - Today: May payrolls; expect 190,000 jobs added, 3.9% wage growth. - Slowing economy may support Fed rate cuts. - Fed decision on rates next week; 70% chance of easing in September. EARNINGS What we’re watching this week: - Today: 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](. [Exclusive Report: Master Uncertain Markets]( *(**By clicking the link you are subscribing to The Tradersville Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [(Privacy Policy/Disclosures)]( [Unlock Profit Opportunities with a Soaring Penny Stock]( *By clicking this link you are subscribing to The Stock Market Monster Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [(Privacy Policy/Disclosures)]( HEADLINES [GameStop Rally Sends Keith Gill’s Shares to $1B Upon Scheduled YouTube Return]( Keith Gill’s YouTube return puts billions on the line for GameStop. YouTube post said he’d return to the platform Friday for the first time in three years. [US Jobs Report Is Set to Confirm a Steady Slowdown Underway]( Payrolls likely rose 180,000 in May per median survey estimate. Unemployment, participation and wage growth all seen unchanged. - US weekly jobless claims edge higher, Q1 labor costs revised lower ([more]() - US regulators to open antitrust probes into Nvidia, Microsoft and OpenAI ([more]() - Janet Yellen warns AI in finance poses ‘significant risks’ ([more]() - ECB cuts interest rates for the first time since 2019 ([more]() - Asia shares set for weekly gain on rate-cut rally ([more]() - China's May exports pick up pace, top forecast in boost to economic recovery ([more]() - Oil edges higher on OPEC+ reassurances but set for third weekly loss ([more]() - Short bets against Nvidia stand at $34 billion ([more]() - Tracking app company Life360 goes public ([more]() - ValueAct increases Salesforce stake to nearly $1 billion, sending shares up ([more]() - Musk could exit without 'motivating' pay deal, Tesla Chair warns ([more]() - Apple to debut passwords app in challenge to LastPass ([more]() - Starbucks teams up with Grubhub to reverse sales slump ([more]() - Bernard Arnault names son Frédéric at top of LVMH family holding group ([more]() DEALFLOW M+A | Investments - Robinhood acquires Bitstamp Ltd., a global crypto exchange ([more]() - Michael Bloomberg joins A-Rod Group trying to buy Timberwolves ([more]() - MNC Capital raises offer to acquire Vista Outdoor to over $3 billion ([more]() - Humane, the startup behind the AI Pin, in talks with HP, Telecoms to sell ([more]() - Chronus, a development platform offering mentorship and ERG management, acquired Imperative, an employee engagement platform ([more]() - Tenable, an exposure management company, acquired Eureka Security, provider of data security posture management for cloud environments ([more]() - Fixle, provider of home solutions in the proptech and insurtech sectors, acquired EasyHome, a developer of software solutions designed to modernize property care and management ([more]() - Wesco International, a provider of B2B distribution, logistics, and supply chain solutions, acquired entroCIM, data center and building intelligence software ([more]() - Sirion, a contract lifecycle management company, acquired Eigen Technologies, a document AI company for financial services ([more]() - Whizz, an e-bike subscription platform for last-mile delivery drivers, raised $12M in Series A funding ([more]() VC - Vilya, a biotech company creating medicines that precisely target disease biology, expanded its Series A funding to $71M ([more]() - restor3d, a company specializing in 3D printed, personalized orthopedic implants, raised $70M in funding ([more]() - Twelve Labs, a video understanding company, raised $50M in Series A funding ([more]() - Nium, a global leader in real-time cross-border payments, raised $50M in Series E funding round ([more]() - Eko Health, a company applying AI for early detection of heart and lung diseases, raised $41M in Series D funding ([more]() - Advanced Medicine Partners, developer of innovative advanced medicines, received an additional $32M in financing ([more]() - LiveKit, a platform for building and scaling voice applications, raised $22M in Series A funding ([more]() - Tobiko Data, a data infrastructure startup, raised $21.8M in funding ([more]() - Vantage Discovery, a search and content discovery platform for ecommerce, raised $16M in Series A funding ([more]() - Understory, an insurance platform protecting industries from severe weather risk, raised $15M in Series A funding ([more]() - SiTration, a materials recovery company, raised $11.8M in Seed funding ([more]() - HyperSpectral, a spectral intelligence company, raised $8.5M in Series A funding ([more]() - Testsigma, an AI-powered, low-code test automation platform, raised $8.2M in funding ([more]() - Inventive, a startup building embedded AI for SaaS products, raised $6.5M in Seed funding ([more]() - Liminal, a company specializing in horizontal gen AI data security, raised additional $5M in funding ([more]() - Hoop, an AI task management platform, raised $5M in Seed funding ([more]() - Wevr, a creative production studio, $3.5M in funding ([more]() - Field Materials, a provider of AI software to control and verify construction and equipment spending, raised additional $3.5M ([more]() - Envisagenics, a biotech company developing of novel RNA splicing therapeutics, raised a Series B fundraising round ([more]() CRYPTO - Robinhood to buy crypto exchange Bitstamp in effort to expand outside the US ([more]() - GameStop-inspired Solana memecoin soars over 80% as Roaring Kitty flashes $586M GME position ([more]() - Crypto exchange Kraken in talks for pre-IPO fund raising round ([more]() BULLISH BITES ⭐️ Rockstar: Nvidia CEO Jensen Huang, who has seen his wealth top $100 billion, sparks "[Jensanity](" in Taiwan. 💼 Stretching: Lululemon is [coming to an office]( (and golf course) near you. 📈 Opportunity: [Join Google and Amazon]( in backing AI drug discovery. * 🤑 Pursuits: Ultra-rich families fuel $20 billion private equity [buyout wave](. 🤖 Inside Look: How Apple [fell behind]( in the AI arms race. DAILY SHARE [tw profile: wallstreetbets] wallstreetbets @wallstreetbets [tw] ONE BILLION DOLLARS Jun 7, 2024 1.73K Likes 197 Retweets 191 Replies [tw profile: greg] greg @greg16676935420 [tw] Roaring Kitty vs The SEC Jun 6, 2024 6.76K Likes 590 Retweets 114 Replies [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] Knock Knock $NVDA Jun 7, 2024 216 Likes 20 Retweets 14 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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