💼 Starlink IPO?

SpaceX weighs spinning off Starlink via IPO as soon as 2024… your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 November 16, 2023 | [Read Online]( ☕️ Good Morning. The Fast Five → Xi to Biden, Earth is [“big enough](” for US and China to succeed, US producer [prices fall]( unexpectedly, SpaceX weighs spinning off [Starlink]( via IPO, Citigroup begins layoffs as part of [corporate overhaul](, and Berkshire [sheds blue-chip]( stocks for cash… Your 5-minute briefing for Thursday: BEFORE THE OPEN As of market close 11/15/2023. MARKETS: - Stock futures dip as November's strong performance continues. - Dow futures down 20 points (-0.07%), S&P 500 futures drop 0.1%, Nasdaq 100 futures slide 0.2%. - Cisco Systems falls 11% on weak guidance; Palo Alto Networks down 5% on dismal billings forecast. - Recent Wall Street gains fueled by positive inflation data. - October's producer price index (PPI) records largest monthly decline since April 2020, following flat consumer price index (CPI). - November sees S&P 500 up over 7%, Dow up nearly 6%, and Nasdaq surging 9.8%. - Focus shifts to economic data, Fed officials' remarks, and earnings reports from retailers like Macy's, Walmart, and Gap on Thursday. EARNINGS Here’s what we’re watching this week: - Today: Alibaba (BABA) - [Walmart]( (WMT) - earnings expected: $1.41 per share (-6.0% YoY) on $149.8 billion revenue (-2.0% YoY) - Full earnings calendar [here]( NEWS BRIEFING [Earth is ‘Big Enough’ for U.S. and China to Succeed, Xi Says as He Meets Biden]( President Joe Biden and President Xi Jinping of China met outside San Francisco at the Asia-Pacific Economic Cooperation event. [SpaceX Weighs Spinning Off Starlink Via IPO as Soon as 2024]( Starlink satellites beam down high-speed internet from space. Starlink could generate some $10 billion in sales next year. - US producer prices unexpectedly fall in October ([more]() - Inflation in the US is improving, the public mood is still sour ([more]() - Tech execs are reportedly 'scrambling' to score a ticket to a dinner with Xi in San Francisco ([more]() - Update: Xi tells US CEOs: China won't fight cold or hot war with anyone ([more]() - Credit market thaw paves way for merger & acquisition debt deals ([more]() - Mortgage demand climbs to the highest level in five weeks after interest rates move lower ([more]() - UK inflation slows to two-year low, bolstering rate cut bets ([more]() - China receives US equipment to make advanced chips despite new rules ([more]() - Glencore built its empire on coal. Now it’s preparing to say foodbye ([more]() - Berkshire sheds General Motors, Johnson & Johnson, Procter & Gamble as it builds cash ([more]() - Citigroup begins layoffs as part of CEO Jane Fraser’s corporate overhaul ([more]() - FAA clears SpaceX to launch second Starship flight ([more]() - Microsoft announces custom AI chip that could compete with Nvidia ([more]() - GM snatches key Tesla gigacasting supplier ([more]() - Amazon’s Astro robot is now a roving security guard for business ([more]() - PGA Tour to offer players equity ownership after it seals deal with investors ([more]() TOGETHER WITH TRADING VIEW Track ALL markets. Please support our sponsors DEALFLOW - Activist investor ValueAct Capital builds stake in Disney ([more]() - VC firm co-owned by California Pensions debuts with $1 billion ([more]() - General Atlantic to buy majority stake in Joe & the Juice ([more]() - Transcend, a provider of liquidity, funding, and collateral optimization solutions, received an investment from Citi ([more]() - Element Energy, a battery management technology company, raised $111M in funding ([more]() - Cytovale, a commercial-stage medical diagnostics company, raised $84M in Series C funding ([more]() - Koya Medical, a healthcare company, raised up to $30M in funding ([more]() - Tenet Energy, a provider of a climate fintech platform, raised $30M+ in funding ([more]() - SiLC, a company which specializes in silicon photonics, raised $25M in additional funding ([more]() - Sunnyside, an app and program to help people build healthier habits around drinking alcohol, raised $11.5M in Series A funding ([more]() - VersiFi, a digital asset trading and lending firm, raised $10M in Series A funding ([more]() - CFX Labs, a payment network company, raised $9.5M in Seed funding ([more]() - Injectsense Inc., a sensor-enabled digital health company, and sister company Injectpower, a developer of ultra-miniature solid-state microbatteries for medical applications, announced combined funding of $9.4M ([more]() - Martian, a company providing Model Router, an orchestration layer solution that routes each individual query to the best LLM in real-time, raised $9M in funding ([more]() - OpsLab, a provider of smart assistants to solve operational planning, tracking and recovery problems at scale, raised $5M in Seed funding ([more]() - Pathway, a provider of an AI-driven medical knowledge platform, raised $5M in Seed funding ([more]() - Kinto, a provider of a KYC’ed Layer 2 blockchain capable of supporting both financial institutions and decentralized protocols, raised $5M in two funding rounds ([more]() - Tradespace Inc., a provider of an AI-powered IP management platform, raised $4.2M in seed funding ([more]() - Canopy, a composability platform that removes the complexity, custom code and time it takes to integrate, serve and observe data, launched with $4M in seed funding ([more]() - Fortuna Health, a consumer-first platform simplifying Medicaid navigation, raised $4M in seed funding ([more]() - Uniblock, a provider of a Web3 API platform for developers, raised $2.3M in funding ([more]() - Gratia Health, a healthtech company, raised an undisclosed amount in Seed funding ([more]() M & A: - CoreView, a provider of a Microsoft 365 management platform, acquired Simeon Cloud, a company specializing in Microsoft 365 tenant configuration management ([more]() - Epicor, a provider of industry-specific enterprise software, acquired Elite EXTRA, a provider of cloud-based last mile delivery solutions ([more]() - Marketwake, a digital marketing agency, acquired Punchlist, a provider of a feedback management tool that streamlines feedback and collaboration across teams ([more]() - Caymus Equity buys Quality Environmental Services ([more]() - Angeles-backed Data Clean acquires Sealco ([more]() - Washington Harbour Partners purchases SIXGEN ([more]() - Manulife Investment Management buys CQS ([more]() - Gryphon-backed Right Time acquires Breathe Clean ([more]() Was this briefing forwarded to you? ([Sign up here](.) CRYPTO - Bitcoin flirts with $38,000 as spot ETF hopes encourage bull run ([more]() - SEC delays decision on HashDex Bitcoin spot ETF application, Grayscale Ether Futures Filing ([more]() - Binance to start Thai crypto exchange with billionaire Sarath ([more]() BULLISH BITES 🤔 Do tell… Why the [Godfather]( of A.I. fears what he's built 🌎 Already? [Sphere and loathing]( in Las Vegas (Enjoy the experience while you can: the company that operates the Sphere just reported a $98.4 million quarterly loss, and the CFO resigned.) 🍔 WTF: McDonald’s and its growing appetite for [fashion](: Crocs, Moschino, more 🛏 Zzz: This [sleep]( strategy may be the most important for a long life 💰 All set: Young and Rich: China’s [scions]( set to inherit $120 billion in wealth transfer DAILY SHARES [tw profile: Wall Street Silver] Wall Street Silver @WallStreetSilv [tw] Today in San Francisco Biden and Xi take in the cultural sights around San Francisco. 🔥 Nov 15, 2023 2.09K Likes 407 Retweets 114 Replies [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] When you see the cousin who you told to buy the dip back in October at Thanksgiving this year. $SPY Nov 16, 2023 61 Likes 0 Retweets 6 Replies [tw profile: Turner Novak 🍌🧢] Turner Novak 🍌🧢 @TurnerNovak [tw] Founders that have raised three bridge rounds since COVID hit now being told they can’t raise a Series B “because there’s no AI component” Nov 15, 2023 34 Likes 3 Retweets 1 Reply Know someone who would enjoy this? 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