💼 ESPN, Fox, Warner join forces

ESPN, Fox and Warner Bros. join forces for sports streaming service... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 February 07, 2024 | [Read Online]( Good morning. The Fast Five → [Palantir skyrockets 30%]( after revenue beat, [NYCB’s credit grade]( is cut to junk, [Tesla is downgraded](, ESPN, Fox, Warner Bros. [join forces]( for sports streaming service, and ousted [WeWork]( co-founder/CEO is trying to buy it back… Your 5-minute briefing for Wednesday, February 7: BEFORE THE OPEN As of market close 2/6/2024 Pre-Market: Market Recap: - S&P 500 up 0.23%, Nasdaq up 0.07%, Dow climbs 0.37%. - Palantir soars nearly 31% on Q4 revenue beat. - Spotify up nearly 4% with strong earnings and Premium subscriber growth. - Expectations for rate cuts push market higher, despite Powell's comments on delayed cuts. - Today marks around the halfway point of earnings season. EARNINGS What we’re watching this week: - Today: Roblox (RBLX) - [Walt Disney (DIS)]( - expected: $1.04 per share (+5.1% YoY) on $23.8B revenue (+1.3% YoY) - Thursday: Affirm (AFRM), AstraZeneca (AZN), Spirit Airlines (SAVE) - Friday: PepsiCo (PEP) Full earnings calendar [here]( HEADLINES [NYCB’s Credit Grade Is Cut to Junk by Moody’s]( Moody’s cuts regional bank two notches, says it may go further. It cites governance, other risks at commercial property lender. [Adam Neumann Explores Buying WeWork Out of Bankruptcy]( WeWork co-founder teaming up with investors on potential bid. Company currently plans to hand ownership to creditors. - FAA chief 'confident' agency can keep aviation safe ([more]() - US safety board to release initial report on Boeing 737 MAX cabin blowout ([more]() - Hedge funds trading Treasuries set to be tagged as dealers by SEC ([more]() - Credit card delinquencies surged in 2023, indicating ‘financial stress,’ New York Fed says ([more]() - Red Sea trouble threatens US freight recovery ([more]() - Retailers sound alarm over shipping delays, price spikes ([more]() - Xi to discuss China stocks with regulators as rescue bets build ([more]() - Wall Street snubs China for India in a historic markets shift ([more]() - Vanguard quietly embraces AI in $13 Billion of stock funds ([more]() - 'Big Short' investor Steve Eisman says Fed shouldn't cut rates now ([more]() - ESPN, Fox and Warner Bros. join for sports streaming service ([more]() - Tesla is downgraded ([more]() - Palantir shares rocket 30% after revenue beat, strong demand for AI ([more]() - DocuSign to lay off 6% of workforce ([more]() - Honda recalls 750,000 US vehicles over air bag defect ([more]() - Meta says it will identify more AI-generated images ahead of upcoming elections ([more]() - Microsoft in deal with Semafor to create news stories with aid of AI chatbot ([more]() TOGETHER WITH INVESTOR’S BUSINESS DAILY Experience IBD for just $1 — Investor’s Business Daily has been helping people like you invest better for over 35 years. They’ve learned what it takes to outperform the market and prosper in any market condition. IBD Digital gives you an edge with one-of-a-kind investing tools and analysis designed for investors at every level. [Try IBD Digital now for one full month]( and get… ✅ Unlimited access to IBD Digital across platforms and devices ✅ Access 14 exclusive IBD stock lists ✅.Proprietary investing tools & IBD ratings for 5,000+ stocks ✅ Best-in-class training webinars, podcasts, videos and more [Try IBD today for only $1](. Don’t miss out on this limited-time offer you won’t find anywhere else! [Try IBD now for just $1]( ~ please support our sponsors ~ DEALFLOW M+A | Investments - Arglass, a glass container manufacturer, secured over $230M in capital ([more]() - Roofing billionaires in $50M talks for Graydon Carter’s glossy newsletter ([more]() - Juristat, a provider of patent analytics and workflow automation solutions, received a controlling investment from MBM Capital ([more]() - DaySmart Software, a provider of vertically-focused business management software, acquired Time To Pet, a provider of pet care software ([more]() - Audax-backed Chartis acquires HealthScape Advisors ([more]() - Braemont Capital purchases Loenbro ([more]() - Main Post Partners invests in Highland Arms Enterprises ([more]() VC - NinjaOne, a provider of an IT platform for endpoint management, security, and visibility, raised $231.5M in Series C funding ([more]() - Ambience Healthcare, a provider of an AI operating system for healthcare organizations, raised $70M in Series B funding ([more]() - 10Beauty announced it will launch at the end of this year, having secured $38M in equity financing ([more]() - Avnos, a company developing novel hybrid direct air capture technology for carbon dioxide removal, raised $36M in Series A funding ([more]() - Colossyan, an AI video for workplace learning company, raised $22M in funding ([more]() - Adroit Trading Technologies, a provider of a multi-asset front office EOMS solution, raised $15M in Series A funding ([more]() - Synthetaic, a provider of a dual-use model-independent classification and detection platform for image data, raised $15M in Series B funding ([more]() - Kin, a digital, direct-to-consumer home insurance company, raised $15M in funding ([more]() - Volta Insite announces the successful completion of its seed round funding ([more]() - Stellar Sleep, which provides first digital solution for chronic insomnia management, announced today a $6M seed round ([more]() - Dexa raises $6M in Seed Funding ([more]() - CAMB.AI, a speech AI company, raised $4M in Seed funding ([more]() - dataroomHQ, a provider of an operational metrics platform for SaaS companies, raised $3.5M in funding ([more]() - GigaStar, a startup focused on human creativity, raised $3M in additional funding ([more]() - ALT Sports Data, a provider of sports data and analytics solutions, raised $2.5M in Seed funding ([more]() - ActionStreamer, a media streaming platform for IoT devices, closed its $2.4M Series A funding round ([more]() - 6AM City, a local daily newsletter company, raised an undisclosed amount in Series A funding ([more]() Fundraising - Trinity Hunt closes $700M Fund VII ([more]() - PineBridge Private Credit closes Third Direct Lending Fund ([more]() IPO - ShipBob, an e-commerce startup seeks to hire banks for 2024 IPO ([more]() Was this briefing forwarded to you? [Sign Up Here]( CRYPTO - Treasury Secretary Yellen says US needs better stablecoin regulation ([more]() - Gemini says crypto lender Genesis moves to sell Grayscale Bitcoin Trust assets ([more]() - DCG says Genesis creditors may get unfair windfall under plan ([more]() - Bitcoin ETFs mean 'substitution' from gold into BTC will continue, says Cathie Wood ([more]() BULLISH BITES 🏈 Investment: $7 million for 30 seconds? To advertisers, the [Super Bowl]( is worth it. 🐲 Toys: Rolls-Royce isn't disclosing the prices of its limited "Year of the Dragon" line, but [one look]( and you'll know why. 🔍 Feeling lost: [First-generation]( social media users have nowhere to go. 🤔 End of pay wall? The great [subscription news]( reversal. 📈 Experience IBD for just $1! Investor’s Business Daily has been helping people like you invest better for over 35 years. [Try IBD Digital now for one full month »]( (cancel anytime) DAILY SHARES [tw profile: litquidity] litquidity @litcapital [tw] When you see headlines that Adam Neumann might acquire WeWork out of bankruptcy after getting fired and cashing out $1.5 billion at the top Feb 6, 2024 2.23K Likes 112 Retweets 25 Replies [tw profile: The ₿itcoin Therapist] The ₿itcoin Therapist @TheBTCTherapist [tw] Saylor is teaching a #Bitcoin masterclass Feb 7, 2024 175 Likes 19 Retweets 12 Replies Know someone who would enjoy this? 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