💼 It's official

Nvidia overtakes Microsoft as world's most valuable company -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 June 20, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → [Nvidia overtakes Microsoft]( as world's most valuable company, [Fisker]( files for bankruptcy, OpenAI co-founder announces [new AI startup](, Boeing CEO [blasted]( in US Senate hearing, and Netflix to launch [mega experience]( stores… Calendar: (all times ET) Today: Initial jobless claims, 8:30a FRI, 6/21: Existing home sales, 10:00a Your 5-minute briefing for Thursday, June 20: BEFORE THE OPEN As of market close 6/18/2024. Bitcoin as of 6/19/2024. Pre-Market: US Investor % Bullish Sentiment: ￪ 44.59% for Wk of June 13 2024 (Last week: 38.97%) Market Recap: - S&P +0.25% to record 5,487.03, Nasdaq +0.03% to new high. - Dow added 56.76 points to 38,834.86. - Nvidia jumped 3.5%, surpassing Microsoft in value. - Semiconductor stocks rose: Qualcomm up 2.2%, Taiwan Semiconductor up 1.4%, Micron up 3.8%. - Gains supported by lower Treasury yields and weak retail sales. - S&P and Nasdaq hit records in the previous session. EARNINGS Here’s what we’re watching this week: - Today: Accenture ([ACN](), Kroger ([KR](), Smith & Wesson Brands ([SWBI]() - [Darden Restaurants (DRI)]( - earnings of $2.62 per share (+1.6% YoY) on $2.98B (+7.4% YoY) - Friday: Carmax ([KMX]() Full earnings calendar [here](. Which Stocks Have Cyclical Price Patterns? Let's get right to it! In this edition, we spotlight stocks that historically have risen... [Boost Your Portfolio with These 3 High-Value Dividend Stocks]( PleasureofartIntroduction In early December, I had the honor of presenting my 2024 outlook in a Q&A-style article titled "2024 Analyst Outlook: Leo Nelissen On Staying Defensive In A Demanding ... [Read More]( [3 Renewable Energy Stocks With Unstoppable Momentum]( Government laws and investments have given a push to the renewable energy sector in the U.S. Renewable energy accounted for 25% of... [Read More]( HEADLINES [Nvidia Overtakes Microsoft as World's Most Valuable Company]( [EV-Maker Fisker Files for Bankruptcy]( Fisker, a US electric vehicle startup, said Tuesday it had filed for bankruptcy. - US retail sales tepid in May; manufacturing production surges ([more]() - Mortgage demand flattens even as interest rates hit the lowest level since March ([more]() - Oil dips after seven-week highs on demand hopes, war jitters ([more]() - Asian stocks at 2-year high; China, Indonesia set rates ([more]() - Boeing CEO blasted in US Senate hearing while apologizing for safety woes ([more]() - Car dealerships across US halt services after cyberattack ([more]() - Banks’ ECB resentment flares up again in leveraged loan probe ([more]() - OpenAI co-founder announces his new AI startup, Safe Superintelligence ([more]() - Netflix to launch mega experience stores in two US malls ([more]() - Dell, Super Micro providing server racks for xAI's supercomputer ([more]() - Musk tries to woo advertisers back to X ([more]() - Juneteenth stalls as a paid day off for private employers ([more]() Your Second Chance to Profit from A.I. If you missed out on Nvidia, don't worry. A 244-year-old pattern is about to trigger a $25.6 trillion AI surge... And send three overlooked stocks soaring 1,000%+ [Get our new research on all three plays right now.]( - sponsored message from Behind The Markets - DEALFLOW M+A | Investments - Koch family invests in Brooklyn Nets owner at $6 billion value ([more]() - Thales to create JV with Ukraine to boost military supplies ([more]() - Vodafone raises $1.8B in Indus Towers stake sale ([more]() - Katy Perry-backed food products firm Bragg explores sale ([more]() - Riskonnect, an integrated risk management solutions provider, acquired Camms, an enterprise cloud-based software for GRC ([more]() - TravelPerk, a global business travel management platform, acquired AmTrav, a tech and service platform for productive travel ([more]() - Accenture (ACN) acquired SOKO, an agency specializing in brand storytelling that engages audiences organically ([more]() - Primrose Bio, a company developing technologies for nucleic acids and proteins, received an investment from 1315 Capital ([more]() - Crux, a finance technology company, added strategic new investors as part of the $18.2M Series A funding ([more]() - Promaxo, a developer of portable MRI systems and minimally invasive robotics, received an investment from Zynext Ventures ([more]() VC - Marea Therapeutics, a clinical-stage biotech company, raised $190M in combined Series A and B financings ([more]() - Huntress, a company specializing in cybersecurity for small businesses, raised $150M in Series D funding ([more]() - Insightec, a healthcare company using focused ultrasound to improve patient care, raised $150M in equity funding ([more]() - Talkiatry, provider of an in-network psychiatric care, raised $130M in Series C funding ([more]() - CesiumAstro Inc., a space communications technology company, closed a $65M Series B+ funding round ([more]() - AI search startup Genspark raises $60M in seed round ([more]() - Iambic Therapeutics, a clinical-stage biotech company, raised $50M in Series B extension funding ([more]() - Zencity, a community engagement platform for local governments, raised $40M in Series C funding ([more]() - Finaloop, a real-time e-commerce accounting platform, raised $35M in Series A funding ([more]() - ZA Tech, an insurance core system SaaS provider, has rebranded as Peak3 and raised $35M in Series A funding ([more]() - Decagon, a gen AI company empowering enterprise customer support, raised $35M in Seed and Series A funding ([more]() - Nomad Health, a digital marketplace for healthcare jobs, raised $22M in funding ([more]() - Ability Biologics, a cell targeting company, raised US $18M in Seed funding ([more]() - Entro Security, a provider of Non-Human Identity and secrets management platform, closed $18M Series A funding ([more]() - Alpen High Performance Products, a manufacturer of window and door technologies, raised $18M in funding ([more]() - SewerAI, a global leader in AI and cloud-driven sewer condition assessment, closed a $15M Series B funding round ([more]() - Liquid Instruments, a reconfigurable test instrumentation company, secured a new round of funding totaling $12M ([more]() - Marigold Health, a peer recovery company, closed $11M Series A funding ([more]() - DeepJudge, an AI-driven legal search startup, raised $10.7M in Seed funding ([more]() - Jogo Health, a medtech company treating chronic pain and neuromuscular disorders, raised $5.5M in funding ([more]() - Ethris, a biotech company advancing next-gen RNA therapeutics and vaccines, raised $5M in funding ([more]() - Butterflies AI, a social media platform allowing humans and AIs to co-exist, raised $4.8M in Seed funding ([more]() - Trustwise, a company specializing in gen AI application performance and risk management, raised $4M in seed financing ([more]() - Scoop Analytics, a business analytics tool empowered by spreadsheets, raised $3.5M in Seed funding ([more]() - Hark, a Voice of Customer platform, raised $3.5M seed funding ([more]() - Berg Enteprises, Inc., a provider of mechanical, plumbing and pipefitting services, raised $2.5M in funding ([more]() - Vehya, a mobile app automating the installation, repair, and routine maintenance processes, raised $2.1M in Seed funding ([more]() - Gracia AI, an AI-powered technology designed for professional creators, raised $1.2M in seed funding ([more]() - Loop Golf, an online booking platform for golfers to get the best tee times at local courses, closed a $1M seed funding round ([more]() CRYPTO - Martin Shkreli says he is behind Trump-linked DJT as ZachXBT, GCR Start Poking Around ([more]() - SEC ends probe into Consensys, won't sue over Ethereum ([more]() - Bitcoin whales sold over $1B BTC in past two weeks ([more]() - Scams keep haunting crypto market, aided by AI and social media ([more]() BULLISH BITES 📉 The fall of Fisker: A comprehensive [timeline](. 🚀 Wealth explosion: The $25.6 Trillion AI "profit period" [starts now](.[Â](* 🔥 That’s hot: Thanks to a 19-second TikTok joke, [men in finance]( are suddenly in. 😎 Looksmaxxing: Speaking of finance bros, Gen Z men are apparently [spending thousands]( to look like American Psycho's Patrick Bateman. 💼 Next level: Hedge fund talent schools are looking for [the perfect trader](. DAILY SHARE [tw profile: Wall Street Memes] Wall Street Memes @wallstmemes [tw] Nvidia becomes the world's largest company $NVDA Jun 19, 2024 80 Likes 11 Retweets 8 Replies [tw profile: Trung Phan] Trung Phan @TrungTPhan [tw] Nvidia Guy Jun 19, 2024 608 Likes 28 Retweets 12 Replies [tw profile: Prison Mitch] Prison Mitch @MidnightMitch [tw] Washington D.C. tomorrow when you ban Zyns unusual_whales @unusual_whales Philip Morris suspends nationwide sales on Zyn online after D.C. subpoena, per Reuters. Jun 19, 2024 7.26K Likes 435 Retweets 44 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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