💼 Tesla slips

PLUS - Trump files complaint over Harris -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 July 24, 2024 | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → [Tesla]( profit falls short again, [India]( closes in on China, getting Biden’s war chest, [Rivian to face trial]( in Tesla trade secrets theft case, and there’s a [mutiny]( in the bond market… 📈 From E. Lasky, Weiss Advocate: [This handful of small companies are crucial to AI’s next frontier »]( Calendar: (all times ET) Today: 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 Wednesday, July 24: BEFORE THE OPEN As of market close 7/23/2024. Pre-Market: US Investor % Bullish Sentiment: ↑ 52.75% for Wk of July 18 2024 (Last week: 49.18%) Chart updates every Friday. Market Recap: - Nasdaq futures -0.78%, S&P -0.51%, Dow -0.27%. - Alphabet shares -1.7%; YouTube ad revenue missed. - Tesla shares -6% on weak results, 7% drop in auto revenue YoY. - 20% of S&P reported Q2 earnings; 80% beat expectations. - Rally driven by Fed rate cut expectations, soft landing hopes. EARNINGS Here’s what we’re watching this week: - Today: 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 [Tesla Profit Falls Short Again as Musk Demands Investor Patience]( EV maker to unveil robotaxi product on Oct. 10 after delay. Mexico factory pause extended on Trump tariff worries. [India Closes In on China as Largest Emerging Market]( Rise to almost a fifth of global stock benchmark quandary for fund managers concerned at high Indian valuations. - Trump files complaint over Harris getting Biden’s $96M war chest ([more]() - 10-year Treasury yield dips as investors closely monitor economic data ([more]() - Record house prices depress US home sales in June ([more]() - Dollar firms as commodities slide and carry unwinds ([more]() - Oil prices rise as crude, fuel inventories seen shrinking ([more]() - Asian stocks meander after US tech earns disappoint ([more]() - China's quant funds suffer deep losses amid crackdown ([more]() - Mutiny in the bond market as billionaires pick a debt fight ([more]() - Alphabet’s revenue boosted by cloud computing, search ads ([more]() - Boeing resumes deliveries of 737 Max airplanes to China ([more]() - GM slows EV plans again even as sales grow ([more]() - LVMH slumps 5% after second-quarter revenue miss ([more]() - Musk launches poll asking if Tesla should invest $5 bln in xAI ([more]() - Rivian to face trial in Tesla trade secrets theft case ([more]() "How I 6X-ed My Wife's 401K in 1 Year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and [could open up a new window of opportunity for 500%-plus gains.](" - sponsored message - - We’re on a short break this week - The Dealflow and Crypto sections will resume on Monday 7/29. BULLISH BITES 🇯🇵 Timing: Ex-banker behind $1.7 Trillion Japan rally says [it’s just starting](. 🚨 Rare Event: [CNBC's ‘Prophet’ issues important Fed warning.]( 🤖 Futuristic: [Mark Zuckerberg imagines]( content creators making AI clones of themselves 🤷🏻 Dilemma: [Is Nvidia stock overvalued?]( ✈️ Unforgettable: How the [ultra-wealthy]( travel in Paris. DAILY SHARE [tw profile: Autism Capital 🧩] Autism Capital 🧩 @AutismCapital [tw] 🚨 BREAKING: NEW FAKE POLL JUST DROPPED 11:07 PM • Jul 23, 2024 681 Likes 30 Retweets 81 Replies [tw profile: High Yield Harry] High Yield Harry @HighyieldHarry [tw] The Citi protestors have figured out our lingo 12:26 PM • Jul 23, 2024 627 Likes 12 Retweets 13 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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