💼 Jain sells stake

PLUS: OpenAI releases new model with reasoning capabilities -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 September 13, 2024 | [Listen Online]( | [Read Online]( Good morning. The Fast Five → Berkshire vice-chair [sells more than half]( of his stake in company, [ECB cuts]( interest rates to 3.5%, SpaceX performs historic first [spacewalk](, OpenAI releases new model with [reasoning]( capabilities, and [Interest payments]( on the national debt top $1 trillion… 💰 [Download your complimentary Wealth Protection Kit (3 Guides) here »]( * Courtesy of All American Assets Calendar: (all times ET) - Full calendar [here]( - Today: Consumer sentiment, 10:00 AM Your 5-minute briefing for Friday, September 13: BEFORE THE OPEN As of market close 9/12/2024. Pre-Market: US Investor % Bullish Sentiment: ↓ 39.80% for Week of September 12 2024 Last week: 45.33%. Updates every Friday. Market Wrap: - Futures flat: S&P unchanged, Dow +0.03%, Nasdaq -0.02%. - Big Tech boosts S&P, Nasdaq; Dow up 0.6%. - Fed likely to cut rates by 25 bps at Sept. 17-18 meeting. - August CPI at 2.5%, lowest since Feb 2021; wholesale prices +0.2%. - Weekly gains: S&P +3.5%, Nasdaq +5.3%, Dow +1.9%. EARNINGS No notable earnings for us today. Full earnings calendar [here](. HEADLINES [Berkshire Vice-Chair Jain Sells More than Half of His Stake in Company]( Warren Buffett’s insurance chief and top executive, sold more than half of his stake in Berkshire Hathaway, a new regulatory filing showed. [ECB Cuts Interest Rates for Second Time in Three Months]( Christine Lagarde said that while the eurozone still faces some “headwinds,” it will “strengthen over time.” - US weekly jobless claims modestly up ([more]() - Interest payments on the nat’l debt top $1 trillion as deficit swells ([more]() - Gold hits all-time high as rate-cut hopes bolster appeal ([more]() - Nvidia, OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers ([more]() - US Steel deal ‘doomed,’ says union ‘steadfast’ in opposition ([more]() - Companies’ interest costs to keep rising, even with rate cuts ([more]() - SpaceX performs historic first spacewalk with Polaris Dawn crew ([more]() - OpenAI releases new model with reasoning capabilities ([more]() - Adobe falls after sales outlook fails to show AI uplift ([more]() - Flights more expensive again as airlines scale back growth plans ([more]() - Point72 plans to return billions as big hedge funds cap assets ([more]() - Major banks try to ease junior bankers' exhaustion after death ([more]() Together with All American Assets Secure Your Financial Future in Uncertain Times:  Most people didn't plan for High Inflation, Digital Money or the End of the US Dollar in their retirement years. [Download this complimentary guide]( to get answers to common questions, like: ✔ Is it smart to buy Physical Gold & Silver in retirement? ✔ When will the U.S. Government come out with a Digital Dollar? ✔ Could the U.S. actually lose it's status as 'World Reserve Currency'? What would that mean? [Access My Free Wealth Protection Kit »]( - sponsored message - DEALFLOW M+A | Investments - Mastercard to buy cyber-defense firm for $2.65B ([more]() - General Mills sells North America yogurt operations in $2 bln deal ([more]() - L'Oreal, Evonik join $38.6M funding round for biotech start-up Abolis ([more]() - Milwaukee Bucks sells 10% to former NBA player Junior Bridgeman ([more]() - Taishin raises offer for Shin Kong in what could be Taiwan's biggest financial deal ([more]() - DSV purchase of DB Schenker to be announced today ([more]() - mPulse, provider of Health Experience and Insights tech, acquired Zipari, Inc., healthcare consumer experience technology ([more]() - ColorTokens, an enterprise microsegmentation company, acquired PureID, a startup providing secure identity and access management ([more]() - Verity IQ, a CRM and student information system provider, received a strategic investment from PSG ([more]() - PharmaForceIQ, an AI-driven measurement solution to pharmaceutical and life science companies, received a growth investment from Eir Partner ([more]() - Campus Ivy, a provider of financial aid solutions for education institutions, received a strategic investment from PSG ([more]() - eClinical Solutions LLC, a provider of digital clinical software and services, received a growth investment from GI Partners ([more]() VC - Inflammatix, a molecular diagnostics company, closed a $57M Series E financing ([more]() - Strider Technologies, a provider of strategic intelligence, raised $55M in Series C funding ([more]() - Huma, a payment finance network, raised $38M in funding ([more]() - GT Medical Technologies, a medical device company for patients with brain tumors, receives $35M venture Loan Facility from Horizon Technology Finance ([more]() - Aembit, a non-human identity and access management company, raised $25M in Series A funding ([more]() - AceUp, an AI-powered team transformation engine, raised $22.5M in Series A funding ([more]() - Sigo Seguros, a digital-first non-standard auto insurance brand eliminating extra fees, raised $20.5M in Series A funding ([more]() - Landbase, an agentic AI GTM platform for sales, raised $12.5M in funding ([more]() - Operant AI, a runtime AI application protection platform, raised $10M in Series A funding ([more]() - Nostra AI, a conversion optimization software company for e-commerce brands, raised $8.9M in funding ([more]() - PathPresenter, an image sharing platform for pathology, closed a Series A funding round of $7.5M ([more]() - Gestalt Tech, a provider of data ecosystem for lenders, raised $5.9M in Seed funding ([more]() - Reshape Automation, an AI-powered solution transforming industrial automation from discovery to deployment, raised $5M in seed funding ([more]() - Realm.Security, Inc., a security fabric company purpose-built for cybersecurity, emerged from stealth and raised $5M in seed funding ([more]() - Safi Biotherapeutics, a developer of manufactured red blood cells as an alternative to donor blood transfusions, raised $5M in seed funding ([more]() - Cohora, a customer activation and engagement platform company, raised $2.5M in additional funding ([more]() - Cavela, an AI-powered platform for businesses to optimize matching and negotiation with suppliers, raised $2M in funding ([more]() - Ninth Wave, cloud-based Open Finance solutions for financial institutions, raised an undisclosed amount in growth funding ([more]() CRYPTO - DeFi lending giant Sky sets vote to offload wrapped Bitcoin as Justin Sun concerns linger ([more]() - XRP spikes as Grayscale offers trust for 7th biggest token ([more]() - Trading platform eToro settles with SEC, limits US crypto activity ([more]() BULLISH BITES 🚨 Coming Financial Storm? [How to keep your savings safe](* 🥠 Fortune Teller: Where money managers [see dollar going]( as Fed cuts, US votes. 💰 Spending Boom: The Wall St Journal breaks down the AI “[spending spree](”, in charts. 🤖 Futurism: An AI bot named James has [taken]( my old job. 💍 Digital I dos: It's now possible to [get married]( on the blockchain. DAILY SHARE [tw profile: High Yield Harry] High Yield Harry @HighyieldHarry [tw] “Founder Mode” 2:01 AM • Sep 13, 2024 206 Likes 2 Retweets 3 Replies [tw profile: litquidity] litquidity @litcapital [tw] The “investor who is really into biohacking” Starter Pack 5:38 PM • Sep 12, 2024 660 Likes 27 Retweets 28 Replies [tw profile: wallstreetbets] wallstreetbets @wallstreetbets [tw] 😭😭 2:21 AM • Sep 13, 2024 304 Likes 24 Retweets 67 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 sponsor 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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