💼 Pressure mounts

PLUS - Labour sweeps to power in landslide win -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 July 05, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → [UK’s Labour sweeps]( to power in landslide win, Biden’s Fourth of July shrouded by [pressure to drop out](, tells allies he’ll [limit evening events]( to get more sleep, [Tesla short sellers]( lost $3.5 billion in two days, and [Saks owner to buy]( luxury retailer Neiman Marcus… *No Dealflow section today. Calendar: (all times ET) Today: Unemployment report, 8:30a Your 5-minute briefing for Friday, July 5: BEFORE THE OPEN As of market close 7/3/2024. Bitcoin as of 7/4/2024. Pre-Market: US Investor % Bullish Sentiment: ↑ 44.49% for Wk of June 27 2024 (Last week: 44.37%) *Updates every Friday. Market Recap: - S&P +0.51%; Nasdaq +0.88%, both at record highs. - Dow -0.06%, weighed by UnitedHealth -1.7%. - Weak economic data: higher jobless claims, service sector contraction. - 10-year Treasury rate down for second day. - Tesla +6.5% after strong delivery report, seventh straight gain. - Nvidia +4.6%, boosting Nasdaq. EARNINGS No notable earnings today. Full earnings calendar [here](. Sponsored [Curious About AI's Next Big Winners? 🚀]( Eager to enhance your investment strategies with foresight? Dive into our intriguing report: "The Top 3 AI Stocks for 2024." Gain profound insights and uncover the secrets with just a click - Biden tells allies he may limit evening events to get more sleep ([more]() - The UK just swung left despite Europe embracing hard-right parties ([more]() - Trump ally Nigel Farage elected to British parliament for first time ([more]() - Oil holds steady near two-month high amid falling US stockpiles ([more]() - Global equities climb to record before key US data ([more]() - Asia stocks notch records; pound calm after Labour landslide ([more]() - Goldman and Citi predict more gains for Nvidia supplier Hynix after 90% rally ([more]() - Nvidia to make $12B from AI chips in China this year despite US controls ([more]() - Samsung shares hit over 3-year high after better-than-expected guidance on AI demand ([more]() - Tesla cars for first time on Chinese government purchase list ([more]() - Saks owner to buy Neiman Marcus in $2.65-billion deal ([more]() Nvidia is dominating AI, but where is it going next? Nvidia ruled the first AI boom … Now, it’s pivoting to a new, $1 trillion Superproject. In fact, Nvidia’s CEO mentioned this critical move 56 times during a recent earnings call. Here’s the exciting part … Three companies are partnering with Nvidia on this massive pivot. And they could be the best way to benefit from Nvidia’s pivot right now. [Click here to find out more details on them today.]( - sponsored message - CRYPTO - Bitcoin falls to lowest since February even as stocks hit record ([more]() - Crypto market sees $295 million in liquidations across exchanges over past 24 hours ([more]() - Crypto ‘Trump Trade’ on hold as other factors captivate market ([more]() - The SEC is now going after crypto VCs ([more]() BULLISH BITES 🧨 Boom: America loves fireworks, some [275 million pounds]( worth. 📈 Trending: [Nvidia’s $1 trillion AI pivot mints new millionaires]( * 🤖 AI Race: China has [six times more]( generative AI patents than the U.S., which is in second place. 💰 Huge Rounds: According to Pitchbook, AI companies consumed almost half of the $56 billion that startups raised last quarter - [more here](. 🏎 Unsurpassed: The [five secrets]( to Ferrari’s success as a luxury brand. DAILY SHARE [tw profile: litquidity] litquidity @litcapital [tw] Happy long weekend 🤝 4:54 PM • Jul 3, 2024 1.1K Likes 45 Retweets 20 Replies [tw profile: Trung Phan] Trung Phan @TrungTPhan [tw] DNC strategists rn 4:25 PM • Jul 3, 2024 213 Likes 15 Retweets 19 Replies [tw profile: Douglas A. Boneparth] Douglas A. Boneparth @dougboneparth [tw] I got my first letter from my daughter at sleep away camp. All it said was, “I’m up $52.” I think I’m proud. 2:40 PM • Jul 3, 2024 1.02K Likes 17 Retweets 69 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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