💼 Wall Street's 'KHive'

PLUS - Wiz rejects Alphabet’s $23 billion offer -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 July 23, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → Wall Street’s [‘KHive’ fired up]( to back Harris, [Wiz rejects]( Alphabet’s $23 billion offer, [SEC approves]( first spot Ether ETFs to start trading Tuesday, Xi cements role as ‘[Chief Economist](,’ and Google [cancels plans]( to kill off cookies… 📈 From Traders Edge Network: [Master Weekly Options Income: Get Your Free Guide Here »]( Calendar: (all times ET) WED, 7/24: New home sales, 10:00 AM THU, 7/25: GDP, 8:30 AM Initial jobless claims, 8:30 AM Durable-goods orders, 8:30 AM FRI, 7/26: PCE index, 8:30 AM Consumer sentiment, 10:00 AM Your 5-minute briefing for Tuesday, July 23: BEFORE THE OPEN As of market close 7/22/2024. Pre-Market: US Investor % Bullish Sentiment: ↑ 52.75% for Wk of July 18 2024 (Last week: 49.18%) Chart updates every Friday. Market Recap: - S&P rose 1%, best session since early June; Dow +0.3%. - Nasdaq outperformed, climbing 1.6%. - Investors optimistic about Fed rate cuts aiding smaller, cyclic stocks. - Earnings from GM, Coca-Cola, Comcast, UPS, Spotify before the bell. - Alphabet, Tesla, Mattel report after the bell. - Nonmanufacturing and existing home sales data due Tuesday. EARNINGS Here’s what we’re watching this week: - Today: Albertsons ([ACI](), Capital One Financial ([COF](), Coca-Cola ([KO](), General Motors ([GM](), Kimberly-Clark ([KMB](), Lockheed Martin ([LMT](), Spotify ([SPOT](), Tesla ([TSLA](), UPS ([UPS](), Visa ([V]() - [Alphabet (GOOGL)]( - earnings of $1.84 per share (+27.8% YoY) on $84.2B revenue (+12.9% YoY) - Wednesday: AT&T ([T](), Lennox Int'l ([LII](), IBM ([IBM]() - [Chipotle (CMG)]( - earnings of $.32 per share (+28% YoY) on $2.9B revenue (+16.3% YoY) - Thursday: AbbVie ([ABBV](), Honeywell ([HON](), Southwest Air ([LUV]() - Friday: Bristol-Myers Squibb ([BMY]() - [3M (MMM)]( - earnings of $1.68 per share (-22.6% YoY) on $5.9B revenue (-25.4% YoY) Full earnings calendar [here](. HEADLINES [Wall Street’s ‘KHive’ Fired Up as McGuire, Lasry Back Harris]( Democratic donors join officials in endorsing vice president. Lazard president predicts more in finance will come around. [Cyber Firm Wiz Rejects Alphabet’s $23 Billion Offer, Seeks IPO]( CEO Assaf Rappaport told employees the company would pursue an IPO as originally planned. - Wall St closes higher as investors return to megacap stocks category ([more]() - SEC approves first spot Ether ETFs to start trading Tuesday ([more]() - Xi cements role as ‘Chief Economist’ shrinking space for debate ([more]() - Bond markets haunted by bigger debt loads and erratic politics ([more]() - Chip stocks rebound ahead of megacap earnings ([more]() - Dip buyers wade back in to drive Wall Street gains ([more]() - Cracks in stock market calm boost allure of portfolio protection ([more]() - CrowdStrike shares tumble as fallout from global tech outage continues ([more]() - Alphabet to report double-digit Q2 growth ([more]() - Google cancels plans to kill off cookies for advertisers ([more]() - Tesla to use humanoid robots next year ([more]() - EU threatens to fine Meta for saying Facebook is ‘free’ ([more]() - Berkshire Hathaway offloads more BYD, taking its stake below 5% Fidelity Director Predicts $1 BILLION Bitcoin That's why Fidelity – the world's 4th largest asset manager – has acquired $11 billion worth of Bitcoin. They're desperate to claim their stake in this modern gold rush. And you should be, too. But before you buy bitcoin (or any other crypto), you'll want to watch this interview. In it, an 11-year crypto veteran names his #1 crypto to buy (it's not bitcoin or Ethereum). [Learn more here.]( - sponsored message - - We’re on a short break this week - The Dealflow and Crypto sections will resume on Monday 7/29. BULLISH BITES ⚖️ Justice: ‘[Wolf of Airbnb](’ gets 4 years for New York City rental fraud 💰 Protect Your Money: [Fed’s shocking new power play.]( 💻 Second Wave: [AI pattern poised to transform the investment landscape](. 🤦🏻‍♂️ Roll Call: [The $12,000 Harvard class]( celebrities are fighting to get in. 🚨 Warning: [Americans mistakenly think this new Biden law won’t affect them.]( DAILY SHARE [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] 💯 5:15 AM • Jul 23, 2024 2.83K Likes 353 Retweets 53 Replies [tw profile: Douglas A. Boneparth] Douglas A. Boneparth @dougboneparth [tw] If aliens don’t show up next weekend, I’m going to be pissed. 10:10 PM • Jul 21, 2024 1.28K Likes 71 Retweets 93 Replies [tw profile: litquidity] litquidity @litcapital [tw] Why bro 4:42 PM • Jul 22, 2024 281 Likes 9 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. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. 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