Stock marketâs fate rests on $10 trillion in Big Tech earnings... your pre-market briefing inside â January 29, 2024 | [Read Online]( Sponsored by Good morning. The Fast Five â Marketâs fate rests on [Big Tech earnings](, HK court orders China [Evergrande to liquidate](, [Fed rate decision]( could signal March cut, [United Airlines]( resumes Boeing 737 MAX 9 flights, and world's [largest cruise ship]( sets sail from Miami⦠Calendar: - Wednesday, 1/31: Fed interest-rate decision, 2:00p ET - Friday, 2/2: US unemployment rate, 8:30a ET MarketBriefing has a new design thanks to the talented [Li Zeng](. We think it offers a more readable experience - we hope you agree. Enjoy. Your 5-minute briefing for Monday, January 29: BEFORE THE OPEN As of market close 1/26/2024. Bitcoin as of 1/28/2024 Pre-Market: Markets: - Mixed U.S. stock futures ahead of tech earnings and Fed meeting. - Dow futures down 0.15%, S&P 500, Nasdaq 100 futures stable. - Last week saw strong economic growth and lower-than-expected inflation. - Market cautious after Intel and Tesla's disappointing earnings. - Busiest earnings week with tech giants like Microsoft, Apple, and Amazon. - Also watching Dow components like Boeing and Merck. - Fed's two-day policy meeting expected to keep rates steady. - Nearly 97% probability of no rate cut, per fed funds futures market. EARNINGS What weâre watching this week: - Today: SoFi Technologies (SOFI) - Tuesday: JetBlue Airways (JBLU), Pfizer (PFE), Starbucks (SBUX), UPS (UPS) - [Alphabet (GOOG)]( - expected: $1.59 per share (+51.4% YoY) on $85.3B revenue (+12.2% YoY) - [Microsoft (MSFT)]( - expected: $2.78 per share (+20.3% YoY) on $61.1B revenue (+15.9% YoY) - Wednesday: Boeing (BA) - Thursday: Atlassian (TEAM), Honeywell (HON), Meta Platforms (META) - [Amazon (AMZN)]( - expected: $.80 per share. Revenue expected to rise 11.4% to $166.2B - [Apple (AAPL)]( - expected: $2.10 per share for Appleâs fiscal Q1 (+11.7%) on $117.9B revenue (+0.06% YoY - Friday: Chevron (CVX), Exxon (XOM) Full earnings calendar [here]( HEADLINES [This Week: Stock Marketâs Fate Rests on $10 Trillion in Big Tech Earnings]( Microsoft among five big tech companies reporting this week. Tech behemoths are again powering the S&P 500 higher this year. [Evergrande Shares Halted After Hong Kong Court Orders Liquidation]( Evergrande unable to offer concrete restructuring plan. Ruling likely to further jolt already fragile Chinese markets. - Fed rate decision could be the prelude to a March cut ([more]() - Traders line up for âonce-in-a-generationâ emerging markets bet ([more]([)]( - US to announce billions of dollars in subsidies for advanced chips ([more]() - Oil prices higher after Iran-linked drone strikes kill U.S. troops; Biden vows retaliation ([more]() - First-of-its-kind campaign fundraiser in the works with Bill Clinton, Barack Obama and Biden ([more]() - China plans to merge 3 bad debt asset managers with sovereign wealth fund, state media reports ([more]() - United Airlines resumes Boeing 737 MAX 9 flights after inspections ([more]() - Big pharma at a crossroads, as Merck, J&J, others prepare to lose revenue from blockbuster drugs ([more]() - Chevron says California plays a risky game with climate and gasoline ([more]() - Elon Musk plans to build a new content moderation center for X in Austin ([more]() - LVMH founder Bernard Arnault overtakes Elon Musk as richest person in the world ([more]() - Spotify CEO says Apple's app store changes are a 'new low' ([more]() - Tesla to spend $500M to bring its Dojo supercomputer project to Buffalo factory ([more]() - World's largest cruise ship sets sail from Miami ([more]() TOGETHER WITH RAD AI [Time to Add AI to Your Portfolio]( [Marketing is an art, not a science â or, at least it was.Â]( RAD AI is an essential AI technology that tells brands who their customer is, and how to best create content that significantly boosts ROI. And 3X revenue growth this year suggests it's working. Major clients like Hasbro, MGM, and Sweetgreen â 6,000+ investors already trust RAD including VCs, Fidelity and execs from Google/Amazon. Over $27M invested, backed by Adobe Fund for Design. Get in on the ground floor! Learn more and invest [here](. Disclosure: This is a paid advertisement for RAD AIâs Regulation CF offering. Please read the offering circular at [invest.radintel.ai]( - please support our sponsors - DEALFLOW M+A | Investments - Carlyle mulls a $1B sale of tech services firm HSO ([more]() - Kain Capital, a private equity firm focused on the technology enablement of healthcare services companies, has exercised a follow-on investment in MY DR NOW ([more]() - ObjectiveHealth, an integrated specialty research network and technology company, received a strategic growth investment from Vitruvian Partners ([more]() - TraceGains, a company which specializes in compliance and networked product development software, acquired NutriCalc, a provider of nutritional calculation software ([more]() - DFW Capital Partners closes investment in Harris CPAs ([more]() - HGGC invests in True North Advisors ([more]() VC - Thentia, a company specializing in regulatory technology, raised $38M in Series B extension ([more]() - Proof Technology, Inc., a service of process and e-filing technology platform company, closed a $30.4M Series B funding ([more]() - Axiom, a startup that uses advanced cryptographic proofs to give smart contract developers access to more data on-chain, raised $20M in Series A funding ([more]() - Granata Bio, a biopharma company, announced the close of a $14M Series A funding round led by GV ([more]() - GreenSpark, a provider of a software platform for the metal recycling industry, raised $9.4M in funding ([more]() - Chunk Foods, a plant-based space company, raised additional $7.5M in Seed funding ([more]() - Digs, a provider of an AI collaboration platform for home builders and homeowners, raised $7M in Seed funding ([more]() - RagaAI, a technology company specializing in AI testing, raised $4.7M in funding ([more]() - TextQL, a startup building an AI data analyst that connects clients to business intelligence tools, semantic layers, and existing documentation, raised $4.1M in Pre-Seed funding ([more]() - C16 Biosciences, a maker of Palmlessâ¢, a platform for sustainable palm oil alternatives, raised $3.5M in Grant from Bill & Melinda Gates Foundation as well as a $1M investment from Elemental Excelerator ([more]() - Legalyze.ai, an AI startup for lawyers, raised $100K in funding ([more]() - OnPoint Healthcare Partners, an AI-enabled technology services provider that offers a suite of solutions to hospitals and medical groups, received growth funding ([more]() IPO - Reddit advised to target at least $5 Billion valuation in IPO ([more]() Was this briefing forwarded to you? [Sign Up Here]( CRYPTO - BlackRockâs Bitcoin ETF first to Reach $2B in AUM ([more]() - Bitcoin range consolidation sets the stage for SOL, AVAX RNDR and SUI ([more]() - FTX Is unloading crypto to raise cash and pay back customers ([more]() BULLISH BITES ð¤ Powershift:  The [introverts]( have taken over the US economy. ð Watching: Federal judges will soon decide [whether crypto can be regulated]( like stocks and bonds. ð Game-changer: Googleâs Lumiere brings AI video [closer to real]( than unreal. ð In the spotlight: [Unhappy workers]( cost US firms $1.9 Trillion. âï¸ Storied travel: This is what a [$10 Million vacation]( looks like. DAILY SHARES [tw profile: Ryan McEntush] Ryan McEntush @rmcentush [tw] the chiefs win the super bowl. kelce passes the trophy to taylor before promptly getting down on one knee and proposing. 2 months pass and she announces her pregnancy. marriages and birth rates skyrocket. the CCP collapses. amazon moves HQ to kansas city. the S&P500 hits 9000 Jan 29, 2024 825 Likes 61 Retweets 29 Replies [tw profile: Autism Capital ð§©] Autism Capital ð§© @AutismCapital [tw] That look when youâre going on an unsolicited autistic ramble and she has no idea what youâre talking about but she has to play along and tolerate your autism because youâre in San Francisco and you could be a billionaire tech founder. Jan 27, 2024 726 Likes 47 Retweets 25 Replies [tw profile: Wall Street Silver] Wall Street Silver @WallStreetSilv [tw] ð¥ð¥ð¥ Jan 28, 2024 1.32K Likes 226 Retweets 97 Replies Know someone who would enjoy this? [Share This Briefing]( What did you think about today's briefing? - [âï¸âï¸âï¸âï¸âï¸ Excellent, keep it comin'!](
- [âï¸âï¸âï¸âï¸ Good stuff](
- [âï¸âï¸âï¸ It was alright](
- [âï¸ Needs work]( Like what you see? [Get tomorrowâs briefing here]( Keep the curation going! [Buy the team a coffee]( âï¸ Have a comment or suggestion? Weâd love to hear it!
ð [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 Market Briefing 99 Wall St, Ste 314
New York, NY 10005, United States of America [[beehiiv logo]Powered by beehiiv](