💼 Growing worried

PLUS: Wall St jockeys for jobs as election nears -your pre-market briefing inside...                                                                                                                                                                                                                                                                                                                                                                                                                 September 25, 2024 | [Listen Online]( | [Read Online]( Good morning. The Fast Five → Wall Street [jockeys for jobs]( as election nears, Americans growing [worried]( about direction of economy, [Senate grills]( Novo Nordisk drug pricing, [DOJ slaps Visa]( with antitrust suit, and [Boeing]( is raising its offer to end the strike… 📈 [Ex-Wall Street CEO reveals “Millionaire-Maker” Superdrug »]( * From Behind The Markets Calendar: (all times ET) - Full calendar [here]( - Today: New home sales, 10:00 am - Tomorrow: Initial jobless claims, 8:30 am Durable goods orders, 8:30 am Your 5-minute briefing for Wednesday, September 25: BEFORE THE OPEN As of market close 9/24/2024. Pre-Market: US Investor % Bullish Sentiment: ↑ 50.83% for Week of September 19 2024 Last week: 39.80%. Updates every Friday. Market Wrap: - S&P +0.25%, Dow +83.57 points—both at record highs. - Nasdaq added 0.56%, closing at 18,074.52. - Nvidia jumped 4% after CEO halted stock sales. - Consumer confidence dropped to 98.7, the biggest fall in 3 years. - China stocks surged; Alibaba up 7.9%, JD.com 13.9%. - Dow up 1.6% in September, S&P 500 1.5%, Nasdaq 2%. EARNINGS Here are the earnings we’re watching this week. - Today: Jefferies ([JEF]() - [Micron Technology (MU)]( - earnings of $1.13 per share (vs a per-share loss of $1.07 in the year-ago period). Revenue of $7.6B expected (+90% YoY) - Thursday: BlackBerry ([BB](), CarMax ([KMX]() - [Costco Wholesale (COST)]( - earnings of $5.08 per share (+4.5% YoY) on $79.9B revenue (+1.3%) - Friday: [none watched] See full earnings calendar [here](. HEADLINES [Americans Growing Worried About Where Economy is Headed]( Consumer confidence plunged by the most in three years this month as more Americans adopt increasingly negative perceptions of the current and future economy. [Wall Street Jockeys for Jobs as Election Nears]( A centrist group of financiers largely cut out of past administrations eyes positions ahead of Nov. 5. One wants to run the CIA. - Stock rally propped up by Nvidia’s climb ([more]() - Record stock market defies election uncertainty ([more]() - Silver surges by 5%, gold hits another historic record high ([more]() - Most banks expect gold's bull run to persist into 2025 ([more]() - ‘Stop ripping us off’: Senate grills Novo Nordisk CEO on drug pricing ([more]() - DOJ slaps Visa with antitrust suit over debit card dominance ([more]() - Goldman Sachs shifts view on economy, Fed rate cuts ([more]() - Fed's rate cut offers limited relief for US factories facing China competition ([more]() - Boeing is raising its offer to end the strike ([more]() - A looming port strike threatens to shake the economy ([more]() - Trump floats expanded R&D business tax credits ([more]() - The commercial-property market is coming back to life ([more]() A MESSAGE FROM BEHIND THE MARKETS The $8 Stock That Could Slash Healthcare Costs by $1.7 Trillion Science Magazine called it the "breakthrough of the year"... A brand-new superdrug that is so lucrative... Some expect it to become the best-selling drug EVER... With projections of 8,966% growth in the next four years. It could slash healthcare costs by $1.7 trillion in the US alone... And ONE tiny firm (trading for only $8) holds a key patent on it. [Click here for the ticker...]( - sponsored message - DEALFLOW M+A | Investments - Smartsheet to go private in $8.4B deal with PE firms Vista and Blackstone ([more]() - UK's NewRiver REIT to buy Capital & Regional in $196M deal ([more]() - Macquarie to acquire stake in D.E. Shaw Renewable Investments ([more]() - Brilliant, impactful corporate gifting and branded merchandise solutions, received a majority investment from New Heritage Capital ([more]() VC - Harmonic, an AI platform for the development of mathematical superintelligence, raised $75M in Series A funding at a $325M valuation ([more]() - Centivo, a company making high-quality healthcare more affordable for employers and their employees, secured $75M in equity and debt financing ([more]() - Torq, an AI security hyperautomation company, raised $70M in Series C funding ([more]() - Route 92 Medical, a company developing solutions for neurovascular interventional procedures, received $50M in Series F extension equity funding ([more]() - Dandelion Energy, a home geothermal company, raised $40M Series C funding ([more]() - HyperLight Corporation, a provider of thin film lithium niobate photonic integrated circuits (PICs), raised $37M in funding ([more]() - Campfire Interactive, enterprise software solutions for manufacturing companies and automotive suppliers, received a $37M majority investment from Growth Partners ([more]() - StrataPT, a billing-aware practice management platform for outpatient therapy clinics, secured $25M in financing ([more]() - LiveFlow, an intelligent finance and accounting automation platform, raised $13.5M in Series A funding ([more]() - Mesa, a homeowner membership platform, raised $9.2M in Seed funding ([more]() - GenLogs, a network of roadside sensors collecting data on truck movements, raised over $6M in Seed funding ([more]() - Reframe, a startup redefining the human-computer relationship, raised $5M in Seed funding ([more]() - VerImmune, a biotech company developing ViP™ platform technology, raised $4.5M in first closing of Pre-Series A funding ([more]() - Sandgarden, an enterprise AI runtime engine, raised $4.5M in funding ([more]() - Platformatic, a cloud-native Node.js application platform, raised additional $4.3M in Seed funding ([more]() - Knownwell, an AIaaS company, raised $4M in funding ([more]() - Arya Health, a healthcare workforce automation platform, raised $4.0M in Seed funding ([more]() - Eion, a carbon removal company, raised $3M in Series A extension funding ([more]() - Atomicwork, a modern service management platform, raised $3M in funding ([more]() CRYPTO - Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason ([more]() - BlackRock Bitcoin ETF options to set stage for GameStop-like 'Gamma Squeeze' rally, Bitwise predicts ([more]() - Crypto’s correlation with US stocks nears record in Fed fallout ([more]() - US SEC, Coinbase clash in court over crypto rulemaking ([more]() BULLISH BITES 📈 Investor Alert: [Why this $8 stock could be the best investment of 2025]( * 🔎 Inside Look: Don’t count on a megadeal to [save]( Intel. 🦄 Takeover: [This unicorn]( is taking on Adobe. Can it fly? ➗ System Check: Is [math the path]( to chatbots that don’t make stuff up? 🗽 Prime Digs: You can now [secure your own]( Goldman Sachs corner office by renting an apartment in the building that once served as the megabank's Wall Street HQ. DAILY SHARE [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] love at first sight. $NVDA 10:30 PM • Sep 24, 2024 162 Likes 13 Retweets 12 Replies [tw profile: wallstreetbets] wallstreetbets @wallstreetbets [tw] went all in 2:30 AM • Sep 25, 2024 240 Likes 41 Retweets 80 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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