💼 Bounceback year

Tech stocks just wrapped up one of their best years in past two decades... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 January 02, 2024 | [Read Online]( Happy New Year! 🎉 The Fast Five → Tech stocks wrapped one of their [best years]( in two decades, Bitcoin starts the New Year rising [past $45,000](, Chief Justice Roberts says [AI will transform]( the Courts, SpaceX sets [new rocket record]( with 96 launches in 2023, and nearly half of all states will [raise the minimum wage]( in 2024… Here’s your 5-minute briefing for Tuesday: BEFORE THE OPEN As of market close 12/29/2023. Bitcoin as of 1/1/2024. MARKETS: - Stock futures flat as 2024 begins after a strong 2023. - S&P 500 saw nine weeks of gains, best run since 2004. - Tech giants like Apple, Microsoft, and Nvidia led the rally. - Nasdaq up 43.4% for its best year since 2020. - Dow gained 13.7% and set new records in 2023. - Wall Street strategists predict lower stock returns in 2024. - Concerns about weaker economy and consumer spending may impact earnings growth. - Wall Street cautious as Fed hints at rate cuts, potential for early-year volatility. - Balancing act for Fed: risk of waiting too long or moving too quickly. EARNINGS What we’re watching this week: - Thursday: Conagra (CAG), Lindsay Corp (LNN) - [Walgreens Boots Alliance]( (WBA) - expected: $.63 per share (-45.7% YoY) on $34.9 billion revenue (+4.5% YoY) - Friday: - [Constellation Brands]( (STZ) - expected: $3.00 per share (+6.0% YoY) on $2.5 billion revenue (+4.2% YoY) Full earnings calendar [here]( [Tech Stocks Wrapped Up One of Their Best Years in Past Two Decades After 2022 Slump]( The Nasdaq climbed 43% in 2023, one of its best performances in two decades. This year’s bounceback was led by huge gains in chipmaker Nvidia and Meta. [Chief Justice Roberts Says AI Will Transform How the Courts Work]( Roberts added ‘human judges will be around for a while.’ - Treasuries post first gain since 2020 as Fed pivot gets traction ([more]() - Nearly half of all states will raise the minimum wage in 2024 ([more]() - New FAFSA launches after a long delay, but with ‘issues,’ leaving millions of students in limbo ([more]() - US overtakes China as South Korea's top export market ([more]() - United States acts as top cop — setting the crypto standards for the world ([more]() - Maersk halts Red Sea shipping as US Navy sinks Houthi boats ([more]() - Xi pledges to strengthen economic recovery after ‘tough’ year ([more]() - China’s Xi says ‘reunification’ with Taiwan is inevitable ([more]() - Nvidia to launch slower gaming chip in China to comply with U.S. export controls ([more]() - Tesla zeroes in on everyday buyers after winning over EV lovers ([more]() - SpaceX sets new rocket record with 96 successful launches in 2023 ([more]() - From FedEx to airlines, companies are starting to lose their pricing power ([more]() - Masimo CEO on why he's spending over $100 million to fight Apple: 'It might change Apple for the better' ([more]() TOGETHER WITH COINSMART Buying Bitcoin is quick and easy. 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[What makes CoinSmart so easy](? ✅ It’s designed for beginners, built for experts ✅ Get instant verification, 24/7 support ✅ Fully registered, safe and secure… [Buy Bitcoin now… the easy way!]( DEALFLOW M & A | INVESTMENTS - PGA Tour and LIV Golf are working to extend merger deadline into 2024 ([more]() - MDWerks buys RF Specialties ([more]() - Mach acquires certain interests in O&G Assets ([more]() - Globant purchases Iteris ([more]() - Cyclo Therapeutics merges with Applied Molecular Transport ([more]() - SPC acquires majority stake in St-Méthode Bakery ([more]() VC - Shield AI, a defense technology company, raised additional $100M in Series F funding, and $200M in debt from Hercules Capital ([more]() Was this briefing forwarded to you? [Sign Up Here]( CRYPTO - Bitcoin starts the New Year rising past $45K, highest level since April 2022 ([more]() - These are the boldest Bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000 ([more]() - Bankman-Fried won’t face second trial on remaining charges ([more]() - How the two biggest crypto CEOs proved the critics right ([more]() BULLISH BITES 🎢 Wild ride: What a [long, strange year]( it’s been in enterprise tech news… ✈️ Jet set: 2024 is the ‘year of globetrotting,’ travel expert says.[Here are some of the hot spots](. ✅ Fresh start: The ultimate personal [finance checklist]( to get ready for 2024. ❤️ Ala Verge: The apps, movies, games, and [everything else we loved]( in 2023. 🔥 BTC: [Buy Bitcoin the easy way]( with the world's most accessible crypto exchange. Coinsmart is designed for beginners, and built for experts - [come see for yourself]( DAILY SHARES [tw profile: Ramp Capital] Ramp Capital @RampCapitalLLC [tw] This was the most Sunday feeling Monday I’ve ever had in my life Jan 2, 2024 362 Likes 10 Retweets 15 Replies [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] Jerome Powell after realizing it’s 2024 and has to start lowering rates Jan 1, 2024 949 Likes 54 Retweets 30 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](mailto:partner@marketbriefing.com) | [SUBSCRIBE]( Disclaimer: MarketBriefing is a news publisher. 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