💼 Watershed for crypto

SEC approves bitcoin ETFs in watershed for crypto market... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 January 11, 2024 | [Read Online]( ☕️ Good morning. Consumer Price Index (CPI) report today @ 8:30 am ET The Fast Five → SEC officially [approves bitcoin ETFs](, OpenAI launches a [store]( for custom AI GPT’s, Saks [takeover]( of Neiman Marcus rumors swirl, [CES live updates](, and [Microsoft challenges Apple]( as world's most valuable company… Your 5-minute briefing for Thursday: BEFORE THE OPEN As of market close 1/9/2024. PRE-MARKET: MARKETS: - Stocks closed higher: S&P 500 up 0.57%, Dow up 0.45%, Nasdaq up 0.75%. - Top gainers: Intuitive Surgical (10.3%), Lennar (3.5%). - Market calm ahead of expected Fed rate cuts. - SEC approved rule changes, opening door for BTC ETF’s. - Eyes on consumer price index report today (3.2% YoY in December). - Producer price index due Friday for Fed rate insights. - Major financial earnings on Friday: JPMorgan Chase, Bank of America, UnitedHealth, Delta Air Lines. EARNINGS What we’re watching this week: - Friday: Bank of America (BAC), BlackRock (BLK), Citigroup (C), JPMorgan Chase (JPM) - [Delta Air Lines (DAL)]( - expected: $1.16 per share (-21.6% YoY) on $13.6 billion revenue (+10.3% YoY) - [Wells Fargo (WFC)]( - expected: $1.22 per share (+100.0% YoY) on $20.3 billion revenue (+3.5% YoY) Full earnings calendar [here]( HEADLINES [SEC Officially Approves Bitcoin ETFs in Watershed for Crypto Market]( Why a US bitcoin ETF is a game-changer for crypto. The decade-long journey to a US spot bitcoin ETF. [OpenAI Launches a Store for Custom AI-Powered Chatbots]( People who subscribe to OpenAI’s ChatGPT Plus service will be able to browse the new store for tailored chatbots that perform different tasks. - Today's inflation report could challenge the market outlook for big Fed rate cuts ([more]() - CES live updates ([more]() - US bond markets are trimming bets on Treasuries ahead of CPI ([more]() - Consumer IPO prospects in 2024 at risk from spending pullback ([more]() - Yellen welcomes energy tax-break uptake despite extra costs ([more]() - World’s two largest coal consumers won’t be weaning off the fossil fuel anytime soon ([more]() - Japan’s Nikkei breaches 35,000 mark briefly; Asia markets rise ahead of U.S. inflation data ([more]() - ‘Every detail matters’: Boeing CEO admits mistake as investigators probe midair panel blowout ([more]() - Neiman Marcus CEO says there’s ‘no need’ to sell the business as Saks takeover rumors swirl ([more]() - Microsoft challenges Apple as world's most valuable company ([more]() - SAP to pay more than $230 million to settle bribery charges, U.S. authorities say ([more]() - Harvard, MIT tax status probed by Congress over antisemitism ([more]() - LeBron James signs trading card deal with Fanatics Collectibles, leaving Upper Deck after 20 years ([more]() TOGETHER WITH MARKETSMITH New year. New goals. New all-time highs. Some call it the ‘affordable’ Bloomberg Terminal. Why? Because with [IBD’s MarketSmith]([,]( you'll have access to the same resources and insights as a professional stock market analyst, but at a fraction of the cost. MarketSmith also allows you to streamline your research by consolidating all of the information you need into a single window. Get smarter trade ideas, analyze them quickly and see when to buy and sell, [all in one platform](. 🔥 MarketBriefing Exclusive → [Get 6-Weeks of MarketSmtih for just $49.95]( (that’s HALF-OFF the regular price for MB readers!) — so if you’ve ever wanted to give MarketSmith a try, now’s your chance! (limited-time) [GET STARTED]( ~ please suppor/t our sponsors ~ DEALFLOW M & A | INVESTMENTS - Skydance Media CEO exploring all-cash bid to take control of Paramount ([more]() - TechTarget to combine with UK-based Informa's digital businesses ([more]() - WPP is considering sale of stake in Bain's Kantar ([more]() - Victor Capital Partners acquires The Coats Company ([more]() - Blue Wolf completes acquisition of Logistec ([more]() - AirDNA purchases Uplisting ([more]() - Marlabs, a digital solutions company, acquired Onebridge, a data consulting firm ([more]() - Vantage Data Centers, a provider of data center campuses, received $6.4B in Equity Investment from DigitalBridge Group and Silver Lake ([more]() - O2X Human Performance, a provider of custom wellness programs for fed agencies, the military, public safety dept’s, and corporations in the U.S., received an investment from Falfurrias Growth Partners ([more]() - Lightmatter, a company specializing in photonics compute, received a follow-on investment from SIP Global Partners ([more]() - TA invests in CSI ([more]() - Orangewood Partners invests in SERVPRO ([more]() VC - NineDot Energy, a developer of community-scale battery energy storage systems, raised $225M in Equity financing ([more]() - 120Water, a provider of a cloud-based water management and testing system, received a $43M Growth investment ([more]() - Myrobalan Therapeutics, a biotechnology company developing novel oral neurorestorative therapies, raised $24M in Series A funding ([more]() - ThayerMahan, a company specializing in autonomous maritime surveillance, closed $20M in follow-on Series C funding ([more]() - Rainbow, a digitally-enabled managing general underwriter building forsmall business insurance products raised $12M in funding ([more]() - XRHealth, a provider of a healthcare platform in spatial computing, raised $6M in funding ([more]() - Peerlogic, an AI-driven dental practice technology company, raised $5.65M in funding ([more]() - Karma Wallet, a fintech startup, raised $2M+ in funding ([more]() - BusPatrol, a school bus safety technology provider, received a strategic growth investment from GI Partners ([more]() - Allied Payment Network, a provider of digital money movement solutions for banks and credit unions, received an investment from RF Investment Partners ([more]() - BlueMatrix, a provider of an end-to-end content creation and distribution platform for investment research providers, received an investment from Thoma Bravo ([more]() Was this briefing forwarded to you? [Sign Up Here]( CRYPTO - Why are Bitcoin ETFs such a big deal? Gold provides a $100 billion answer ([more]() - Ripple to buy back $285 million of its shares, valuing company at $11B ([more]() BULLISH BITES 🤫 January’s secret: It’s the best month — [once you see why](, you may never want it to end. 📱 Nerd out: 18 gadgets from CES 2024 you can buy [right now](. 💰 2023 VC: Explained in [5 charts](. 🐣 Forever young: Millionaire launches [anti-aging 'basics']( for $333 a month. 🔥 MarketBriefing Exclusive → [Get 6-Weeks of IBD’s MarketSmith for just $49.95]( (that’s HALF-OFF the regular price for MB readers!) — Why wait… [get started now]( (limited-time offer) DAILY SHARES [tw profile: Not Jerome Powell] Not Jerome Powell @alifarhat79 [tw] The bitcoin ETF was just approved Jan 10, 2024 538 Likes 71 Retweets 51 Replies [tw profile: Autism Capital 🧩] Autism Capital 🧩 @AutismCapital [tw] “Send the tweet, Jim. Tell them you Ike the stock. We’ll see who’s laughing now.” Jan 11, 2024 149 Likes 9 Retweets 7 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. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the MarketBriefing team. [tw]( Update your email preferences or unsubscribe [here]( © 2024 MarketBriefing 99 Wall St, Ste 314 New York, NY 10005, United States of America [[beehiiv logo]Powered by beehiiv](