💼 DeSantis out

Ron DeSantis drops out of 2024 race, endorses Donald Trump... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 January 22, 2024 | [Read Online]( ☕️ Good morning. The Fast Five → [DeSantis drops out]( of 2024 race- endorses Trump, [consumer sentiment]( surges to highest since 2021, [AI regulation]( dominates the conversation at Davos, [JetBlue/Spirit]( to appeal blocked merger, and [Buffett tells Citigroup]( CEO to keep going with overhaul… Your 5-minute briefing for Monday, January 22: BEFORE THE OPEN As of market close 1/19/2024. Bitcoin as of: 1/21/2024 PRE-MARKET: MARKETS: - S&P 500 hits all-time high, up 1.23% at 4,839.81. - Dow rises 395.19 points, Nasdaq up 1.70%. - All major indexes in positive territory for 2024. - Tech sector leads with 2.35% gain. - Consumer confidence surges, highest level since July 2021. - Travelers, Schlumberger, and Ally Financial report strong earnings and gains. EARNINGS What we’re watching this week: - Tuesday: 3M (MMM), Johnson & Johnson (JNJ), Procter & Gamble (PG) - [Netflix (NFLX)]( - expected: $2.22 per share. Revenue is forecast to rise +11% YoY to $8.7 billion - Wednesday: AT&T (T), Kimberly-Clark (KMB), - [Tesla (TSLA)]( - expected: $.74 per share (-37.8% YoY) on $25.6 billion revenue (+5.2% YoY) - Thursday: Alaska Air (ALK), American Airlines (AAL), Blackstone (BX), McCormick (MKC), Visa (V) - [Intel (INTC)]( - expected: $.45 per share. Revenue is forecast to land at $15.2 billion (+7.9% YoY). - Friday: American Express (AXP) Full earnings calendar [here]( HEADLINES [DeSantis Drops Out of 2024 Race, Endorses Trump]( The announcement comes two days before the New Hampshire primary, where the Florida governor lagged far behind Trump and former U.N. ambassador Nikki Haley. [Consumer Sentiment Surges, at Highest Level Since 2021]( In a consumer survey released Friday, Democrats and Republicans alike expressed their most favorable readings since the summer of 2021. - The World Economic Forum edges away from the left ([more]() - Generative AI regulation dominates the conversation at Davos ([more)]( - Investors slowly lose hope for Fed rate cuts in March ([more]() - Wall Street’s ‘foolish’ 2024 trade is betting on early Fed rate cuts ([more]() - Hedge funds rake in record profits betting on ‘catastrophe’ risk ([more]() - The buy now, pay later holiday debt hangover has arrived ([more]() - China rate decision set to disappoint ([more]() - China's economy enters era of stagnation and disappointment ([more]() - OpenAI's Sam Altman in talks with Middle East backers over chip venture ([more]() - FAA urges door plug inspections on another Boeing 737 model ([more]() - JetBlue, Spirit to appeal blocked merger ([more]() - ExxonMobil sues to block shareholder climate petition ([more]() - Warren Buffett tells Citigroup CEO Fraser to keep going with overhaul ([more]() - ADM places CFO on leave, cuts earnings forecast amid probe ([more]() - Elon Musk denies AI startup has raised $500M of $1B goal ([more]() - Hackers breached Microsoft to find out what Microsoft knows about them ([more]() - SolarEdge to lay off 16% of workforce to trim operating costs ([more]() TOGETHER WITH COINSMART Buying Crypto 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 Crypto now… the easy way!]( ~ please support our sponsors ~ DEALFLOW M & A | INVESTMENTS - Macy's rejects Arkhouse's $5.8B bid, citing financing concerns ([more]() - Kindred confirms takeover bid from FDJ ([more]() - Blackstone to take Tricon Residential private for $3.5B ([more]() - Paramount stock climbs on report that private equity firm Apollo is mulling a bid for National Amusements ([more]() - Kindeva Drug Delivery, a global leader in drug-device combination products, acquired Summit Biosciences Inc. from its founding family shareholders ([more]() - Arcline acquires Kaman for $1.8B ([more]() - Gryphon-backed Southern Home Services purchases ACE Solves It All ([more]() - Cascadia acquires Threadstone Capital ([more]() - Sploot Veterinary Care, a tech-driven, and comprehensive veterinary care platform providing an elevated experience, received a strategic investment from L Catterton ([more]() - The Integration Group, a provider of contract logistics and industrial supply chain aftermarket solutions for customers, received an investment from Maxwell Street Capital Partners ([more]() - 3DEO, a company specializing in design, engineering and metal additive manufacturing, received a strategic investment from Development Bank of Japan and Seiko Epson Corporation ([more]() - Wind Point-backed Targeted PetCare purchases Pet Brands ([more]() - Silver Lake reportedly plans to sell off parts of Endeavor after takeover ([more]() VC - Tr1X, a biotech company focused on engineering cures for immune and inflammatory diseases, raised $75M in Series A funding ([more]() - Ratio Therapeutics, a pharmaceutical company, raised $50M in Series B funding ([more]() - Sway (fka Returnmates), a platform for shipping and returns, raised $19.5M in Series A funding ([more]() - Land, an electric mobility and portable battery manufacturer, raised $3M in funding ([more]() FUNDRAISING - Mirae Asset Capital Life Science, a vc firm investing in private biotech companies, has emerged from stealth with its inaugural $50M fund ([more]() - Pantheon completes largest-ever fundraise with $5.3B ([more]() - Bain Capital Credit closes $1B mid-market Credit Fund ([more]() - Bertram Capital closes $1.5B Fund V ([more]() Was this briefing forwarded to you? [Sign Up Here]( CRYPTO - Bullish Bitcoin bets rise as implied volatility slides ([more]() - Crypto diehards say #BoycottVanguard on Bogle-inspired ETF snub ([more]() - After 12 years, Ripple’s president sees its payment and enterprise businesses evolving further ([more]() BULLISH BITES 🚨 Dying legacy: Inside the collapsing U.S. [political-media-industrial-complex](. 🔥 Trending: What is [loud budgeting](, the 2024 TikTok money trend? 🤑 Petro cash: How Silicon Valley learned to stop worrying and love [Middle East money]( again. ☠️ End of an era: RIP Sports Illustrated, and [RIP Magazines](. 😱 Feel left behind? [Buying Crypto doesn’t have to be complicated](. 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