💼 Bezos bets on Google challenger

Jeff Bezos bets on Google challenger Perplexity to upsend search... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 January 05, 2024 | [Read Online]( ☕️ Good morning. Final jobs report for 2023 today at 8:30 am ET. The Fast Five → Today’s jobs report will be a [big signal]( for a market looking for good news, [US awards chip supplier]( $162M to bolster critical industries, Jeff Bezos bets on Google challenger [Perplexity]( to upsend search, Peleton partners with TikTok offering [short-form fitness](, and Google just [disabled cookies]( for 30 million Chrome users… Here’s your 5-minute briefing for Friday: BEFORE THE OPEN As of market close 1/4/2024. MARKETS: - Nasdaq records fifth consecutive session of losses, longest since October 2022. - S&P 500 slides for the fourth day. - Dow bucks the trend with a slight gain. - Mega-cap tech stocks, including Apple, struggling due to stretched valuations and Fed rate-cut uncertainty. - Apple stock down over 5% in the week. - Recent market performance contrasts with strong 2023, where S&P 500 gained over 24%. - Analysts suggest potential for S&P 500 to reach 5,000 by year-end, indicating over 6% upside. EARNINGS What we’re watching this week: - Today: - [Constellation Brands]( (STZ) - expected: $3.00 per share (+6.0% YoY) on $2.5 billion revenue (+4.2% YoY) Full earnings calendar [here]( [Biden Admin Awards Chip Supplier $162 Million to Bolster Critical Industries]( The Biden administration said its second grant under a new program would help Microchip Technology expand its facilities in Oregon and Colorado. [Search Startup Perplexity AI Valued at $520M In Funding from Bezos, Nvidia]( Search startup Perplexity AI has raised $73.6 million from a group of investors including Nvidia and Jeff Bezos, the latest example of investors hunting for AI startups that challenge incumbents. - Today’s jobs report will be a big signal for a market looking for good news ([more]() - US companies ramped up hiring in December, ADP data show ([more]() - Short sellers lost $195B in 2023 despite wins on regional banks ([more]() - Maersk reroutes Red Sea container ships back to Suez Canal ([more]() - Peloton shares jump as it partners with TikTok to offer short-form fitness classes, other content ([more]() - Apple hit with second downgrade this week on iPhone worries ([more]() - Google just disabled cookies for 30 million Chrome users ([more]() - Supermarket giant drops Pepsi and Lay's over price increases ([more]() - Ford reports 7.1% increase in U.S. new vehicle sales as industry marks best year since 2019 ([more]() - Eli Lilly launches website to help patients get weight loss drugs ([more]() - Qualcomm announces new chip to power Samsung and Google’s competitors to Apple Vision Pro headset ([more]() - SpaceX sues US Labor Board over fired employees case ([more]() - OpenAI’s app store for GPTs will launch next week ([more]() TOGETHER WITH WISERADVISOR Compare advisors in your area— free Connect with the best financial advisor for your needs from [WiserAdvisor]( - a free, independent and unbiased matching service. - Trusted by over 100,00+ consumers since 1998 - Licensing and disclosures with FINRA & SEC - Advisor Compensation (Fee Only of Fee-Based) - FREE initial 1 on 1 consultation - Get a custom match with 1-3 Advisors with NO match fee Just answer a few questions and [get matched with 2-3 financial advisors]( in your area today… [Match me with an advisor!]( ~ please support our sponsors ~ DEALFLOW M & A | INVESTMENTS - Italy's Enel finalizes sale of several US green assets to Ormat ([more]() - Relex Solutions, a provider of unified supply chain and retail planning solutions, acquired Optimity, a global supply chain planning and optimization provider ([more]() - Billups, an out-of-home managed services agency helping advertisers and agencies strengthen media performance through a patented analytics and measurement platform, acquired Outsight, an independent OOH agency ([more]() - Cosette Pharmaceutical, a specialty pharmaceutical company with a focus on women’s health and cardiovascular medicines, acquired Vyleesi® from Palatin Technologies, Inc., which includes 5 Orange Book listed patents with protection up to 2041 ([more]() - Bruker, a provider of analytical and diagnostic solutions, acquired Nion, a company that develops and manufactures innovat ([more]() - Novanta purchases Motion Solutions from Frontenac ([more]() - MAI Capital Management buys Karras ([more]() - HCI adds DVT and Brookside to its lawn care treatment platform ([more]() - Pharos Capital makes majority investment in RhythMedix ([more]() VC - Human Immunology Biosciences (HI-Bio), a clinical-stage biotechnology company developing targeted therapies for patients with severe immune-mediated diseases, raised $95M in Series B funding ([more]() - Perplexity, an AI-native conversational search startup, raised $73.6M in Series B funding ([more]() - Nalu Medical, a company focused on minimally invasive, and non-opioid solutions for chronic neuropathic pain, raised $65M in equity financing ([more]() - Arbital Health, a technology startup for the healthcare industry, completed its $10M Series A financing ([more]() - UrbanStems, a floral gifting company, raised $5M in Series C funding ([more]() - Vigilant Ops, an SBOM’s automation platform, received $2M in Seed funding from DataTribe ([more]() - Varlo Sports, a company at the intersection of design and performance in the sports apparel industry, raised an undisclosed amount in Seed funding ([more]() IPO - Wilson tennis racket maker Amer Sports files for US IPO ([more]() FUNDRAISING - Seven Hills Capital, an operator-centric private equity firm, closed its inaugural fund, Seven Hills Capital Fund I, L.P., at $125M ([more]() Was this briefing forwarded to you? [Sign Up Here]( CRYPTO - Bitcoin rebounds above $44K as Spot BTC ETF approval looks increasingly likely ([more]() - Crypto stocks rally on report Bitcoin ETF regulatory approvals could arrive this week ([more]() BULLISH BITES 🏀 Score: [NCAA and ESPN]( ink 8-year, $920 million media rights deal. 🏝 Stealth wealth: Just a billion doesn’t cut it on [this exclusive]( Florida island. 📊 Wait on taxes: Parents and businesses could benefit from [last-minute tax changes]( in Congress. 💄 ‘Little luxuries’: The [affordable treats]( driving consumer spending. 🤝 Connect with the best financial advisor for your needs from [WiserAdvisor]( - a free, independent and unbiased matching service. Just answer a few questions and [get matched]( with 2-3 financial advisors in your area today - [go here ]( DAILY SHARES [tw profile: Sean Tuffy] Sean Tuffy @SMTuffy [tw] Can’t say I’m that surprised, tbh Jan 4, 2024 52 Likes 3 Retweets 4 Replies [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] Netflix documentary producers watching this Epstein shit unfold Jan 5, 2024 266 Likes 22 Retweets 28 Replies Know someone who would enjoy this? 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