💼 Wall St to end 2023 on high note

S&P 500 ekes out gains flirting with bull market confirmation... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 December 29, 2023 | [Read Online]( ☕️ Good morning. The Fast Five →  [Affirm’s stock quintupled]( this year beating all tech peers, 2023 corporate sector sees [worst collapse]( since pandemic, S&P 500 ekes out gains flirting with [bull market confirmation](, Google settles $5B lawsuit alleging Chrome's ['Incognito' mode tracks users](, and [Maine bars Trump]( from Presidential ballot… Here’s your 5-min briefing for Friday - Have a wonderful, safe New Year! 🎉 BEFORE THE OPEN As of market close 12/28/2023. MARKETS: Wall Street looks to end a winning year on a high note and possibly a new milestone… - Stock futures steady, near year-end highs. - S&P 500 eyes new record, up 24.6% in 2023. - Nasdaq soars 44.2% this year, led by tech giants. - Fed's rate hike pause boosts investor confidence. - Broader market rally in Q4, Dow hits multiple records. - Historic year-end rally suggests more potential gains. EARNINGS The earnings calendar is bare between Christmas and New Year's, picking back up the first week of January with Walgreens Boots Alliance (WBA) among the handful of names reporting. In the following week (January 8-12), major banks will take the spotlight as the fourth-quarter earnings season begins. Stay tuned for our earnings outlook in next week's briefing. Full earnings calendar [here]( HEADLINES [Affirm’s Stock Quintupled This Year, Beating All Tech Peers, on Buy Now, Pay Later Boom]( Affirm shares have skyrocketed more than 400% this year, outperforming all U.S. tech companies worth $5 billion or more. [Death by Bankruptcy: 2023 US Corporate Sector Sees Worst Collapse Since Pandemic]( Rite Aid, Bird and Bed Bath & Beyond are among the notable companies that filed for bankruptcy in 2023. - S&P 500 ekes out meager gains, flirts with bull market confirmation ([more]() - AI obsession powers $7 trillion Nasdaq 100 rally ([more]() - Dollar set for worst year since start of pandemic ([more]() - Oil prices settle down 3% as Red Sea shipping disruptions ease ([more]() - Oil prices to end year 10% lower as demand concerns snap winning streak ([more]() - Mortgage rates slide to lowest since May - Freddie Mac ([more]() - Maine bars Trump from state’s 2024 Presidential primary ballot ([more]() - Biden admin’s Medicare drug price negotiations will face major tests in 2024 ([more]() - Startup bubble fueled by Fed’s cheap money policy finally burst in 2023 ([more]() - Huawei sales near $100 billion in year of China's surprise breakthroughs ([more]() - Baidu says its ChatGPT rival Ernie bot now has more than 100 million users ([more]() - Google settles $5 billion lawsuit alleging Chrome's 'Incognito' mode tracks users ([more]() - Smartphone maker Xiaomi’s first EV is the freshest take on a ‘smartphone on wheels’ ([more]() - EV maker VinFast launches first dealership in the US ([more]() DEALFLOW M & A | INVESTMENTS - Eli Lilly and Company (LLY) acquired POINT Biopharma Global Inc. (PNT), a radiopharmaceutical company with a pipeline of clinical and preclinical-stage radioligand therapies in development for the treatment of cancer ([more]() - Mavericks’ $3.5 billion sale to Adelson wins NBA approval ([more]() - Cheddar News sold by Altice USA to media company Archetype ([more]() - Williams to buy gas assets for $1.95 billion in LNG bet ([more]() - Proto Hologram, a provider of a patented hologram device, received an investment from Cartan Capital ([more]() - Apple Hospitality REIT acquires SpringHill Suites by Marriott Las Vegas Convention Center ([more]() - EIG purchases Ocyan for $390M ([more]() - PE-backed Intact Property Restoration buys VMR ([more]() - EnPro acquires Advanced Micro Instruments ([more]() Was this briefing forwarded to you? [Sign Up Here]( CRYPTO - Cathie Wood goes into Bitcoin futures ETF, dumps Grayscale ([more]() - Terraform, SEC set for crypto trial with jump trading in spotlight ([more]() - Bitcoin ETF approval tipped to be 'sell the news' event ([more]() - India to block crypto exchange websites in widening crackdown ([more]() - Bitcoin miner marathon leads crypto stock surge with pick-and-shovel strategy ([more]() BULLISH BITES 🍃 Tea leaves: More than 40 investors share their [top predictions]( for 2024. 💄 L’ucky: [L’Oreal heir]( Francoise Bettencourt Meyers becomes first woman with $100 billion fortune. 🛟 529 ➜ Roth: One of the ‘[significant objection](’ to 529 plans will go away Jan. 1. ‘This is a big deal,’ expert says. 🤥 Little big lies: Fake reviews are a multibillion-dollar quicksand — here’s how to [avoid getting sucked in](. DAILY SHARES [tw profile: BuccoCapital Guy] BuccoCapital Guy @buccocapital [tw] Tech employees watching lunatics rebubble their equity up from the depths of hell Dec 28, 2023 225 Likes 4 Retweets 3 Replies Know someone who would enjoy this? [CLICK TO SHARE 🔥Â]( What did you think about today's briefing? - [⭐️⭐️⭐️⭐️⭐️ Excellent, keep it comin'!]( - [⭐️⭐️⭐️⭐️ Good stuff]( - [⭐️⭐️⭐️ It was alright]( - [⭐️ Needs work]( Like what you see? [Get tomorrow’s briefing here]( Keep the curation going! [Buy the team a coffee]( ☕️ Have a comment or suggestion? We’d love to hear it! 💌 [Send us a message](mailto:hello@marketbriefing.com) [ADVERTISE]( | [SUBSCRIBE]( Disclaimer: MarketBriefing is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. 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