💼 Market darlings

PLUS - Analyst resets Nvidia stock price target before earnings -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 August 22, 2024 | [Listen Online]( | [Read Online]( First time here? [Sign up]([»]( A quick favor? Hit ‘reply’ and tell us your current top stock pick! Why? we are changing our send domain which may cause some bumps in delivery. When you ‘reply’ it “tells” your email provider to keep briefings in your primary inbox (plus we’ll share the stock pick results!) - thank you. Good morning. The Fast Five → US jobs growth [far weaker]( than thought, Fed minutes show a [September cut]( ‘likely’, analyst resets Nvidia stock price target before earnings, [dollar]( doldrums deepen, and Chinese banks suddenly become [market darlings](… 💸 [Get a complimentary "Death of the Dollar" report here »]( A message from Behind The Markets Calendar: (all times ET) - Full calendar [here]( - Today: Initial jobless claims, 8:30A - Tomorrow: Fed Chair Powell to speak at Jackson Hole, 10:00A New home sales, 10:00A Your 5-minute briefing for Thursday, August 22: BEFORE THE OPEN As of market close 8/21/2024. Pre-Market: US Investor % Bullish Sentiment: ↑42.54% for Wk of August 15 2024 Last week: 40.54%. Updates every Friday. Market Wrap: - Stock futures flat as traders await Powell’s comments. - Snowflake down 8%; Urban Outfitters off 8.5% on weak sales. - S&P, Nasdaq on 9th win in 10 sessions. - Powell’s Friday speech at Jackson Hole could hint at rate cuts. - Today: jobless claims, earnings from Intuit and Ross Stores EARNINGS Here’s what we’re watching this week: - Today: Peloton ([PTON]() - [Intuit (INTU)]( - earnings of $1.84 per share (+11.5% YoY) on $3.1B revenue (+13.7% YoY) Full earnings calendar [here](. In January 2018, President Trump imposed a historic trade tariff on China. But after President Biden took office... China "stole" $520 billion in global trade from the US... And another $1.62 trillion could soon follow. But there's a way for investors to play this financial attack to make several times their investment... And the best part is, you get to do it despite the Chinese government's financial attacks. [Click here to discover more »]( - sponsored message - HEADLINES [US Jobs Growth Far Weaker than Originally Thought]( Some 818,000 fewer new jobs were created in the US in the year leading up to March than originally reported. [Fed Minutes Show a Cut ‘Likely’ to Come in September]( Even before a disappointing July jobs report, Federal Reserve officials thought they would probably cut rates at their Sept. 17-18 meeting. - Fed minutes flag Treasury-market leverage as a risk to financial stability ([more]() - More workers expect to lose their jobs in the coming months ([more]() - Dollar doldrums deepen on dovish Fed tone before Jackson Hole ([more]() - Oil prices steady after 3-day losing streak ([more]() - Chinese banks have suddenly become market darlings ([more]() - TD takes $2.6B hit on US probe, sells Schwab shares ([more]() - Franklin Templeton shares sink after top bond investor takes leave amid probes ([more]() - Analyst resets Nvidia price target before earnings ([more]() - Target CEO addresses ‘price gouging’ accusations in retail ([more]() - Disney selects head of search for CEO Bob Iger’s successor ([more]() - Microsoft revamps reporting structure to give better visibility into cloud consumption revenue ([more]() DEALFLOW M+A | Investments - Paramount extends deal talks with Bronfman after new $6B bid ([more]() - Whitehaven Coal sells stake in Blackwater for $1.1B ([more]() - Ovintiv explores sale of oil operations in Uinta Basin ([more]() - Oaktree near deal to buy majority stake in two B. Riley units ([more]() - Supreme Group, a platform for business, marketing, and comms services, acquired BioStrata, a company delivering marketing solutions ([more]() - The DONUT, a newsletter-based news organization, acquired Press Sports, a social media platform dedicated to connecting young athletes and fans ([more]() - C3 Complete, a provider of tech, telecom, and info security services, acquired TRACI.net, an ISP ([more]() - Ark, a cloud and cybersecurity solutions provider, acquired Vantyr, a company focused on securing non-human identities across cloud and SaaS environments ([more]() - BioIVT, a research partner and biospecimen solutions provider for drug development, acquired ZenBio, a company specializing in advanced cell products ([more]() - Transit Technologies, a company specializing in mobility solutions, acquired Bytecurve, a software platform for student transportation operations - Automated Industrial Robotics, an industrial automation company, acquired Sewtec Automation ([more]() - Symmera, an early-stage company for device authentication and data protection, received an investment from Emerson Ventures ([more]() VC - XII Medical, a clinical-stage medical technology company, raised $45M in Seris B funding ([more]() - AstroForge, an asteroid mining startup, raised $40M in Series A funding ([more]() - PreciseDx®, an innovator in oncology diagnostics leveraging AI, raised $20.7M in Series B funding ([more]() - Admiral, a visitor relationship management company, raised $19M in funding ([more]() - Ambrosia Biosciences, a drug discovery company, raised $16M in Series A funding ([more]() - Lettuce Financial, an automated accounting and tax solution for solopreneurs, raised $15M in Series A funding ([more]() - Skyfire Systems, a provider of a payment network for AI, raised $8.5M in funding ([more]() - Grid Status, a modern data and analytics platform for the electric grid, raised $8M in funding ([more]() - Cairn Surgical, a medical tech firm, raised $4.5M in funding ([more]() - Your Money Line, a leader in employee financial wellness benefits, raised $4.5M in Series A funding ([more]() - Phrase Health, a healthcare industry's EHR workflow management company, raised $2M in NIH SBIR funding ([more]() - Onebrief, a software platform for military staff workflows and collaboration, raised an undisclosed amount in Series B funding ([more]() - ALLCITY Network, an operator of multi-platform local sports networks, raised an undisclosed amount in Series B funding ([more]() CRYPTO - Ex-FTX insider Salame says US broke deal on girlfriend probe ([more]() - Binance hiring 1,000 as compliance spending tops $200M ([more]() - Nearly half of all corporate election spending in 2024 cycle comes from crypto companies ([more]() BULLISH BITES 🚨 Investor Alert: [Don't get wiped out by the "Death of the Dollar"]( 🛡 Novel: How a law that shields Big Tech is now being used [against]( it. 🤖 Partnership: This [tiny startup]( is helping Musk’s Grok with image generation. 👋 Bye bye: Most Americans have [signed away]( their right to take a company to court. 🖼 Taste-Defying: [Bad art]( of the rich and famous. DAILY SHARE [tw profile: Orpheas] Orpheas @OrphicCapital [tw] ok hear me out 7:22 PM • Aug 21, 2024 652 Likes 67 Retweets 13 Replies [tw profile: Dr. Parik Patel, BA, CFA, ACCA Esq.] Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA [tw] How to solve the debt problem: - Give the entire U.S treasury balance to Nancy Pelosi to trade - Insider trade - Profit 6:39 PM • Aug 21, 2024 2.41K Likes 157 Retweets 44 Replies [tw profile: sophie] sophie @netcapgirl [tw] 9:55 PM • Aug 21, 2024 1.37K Likes 44 Retweets 31 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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