💼 New media giant

Disney, Reliance sign $8.5B deal to merge India media operations (750M Viewers)... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 February 29, 2024 | [Read Online]( Good morning. The Fast Five → Wall Street braces for [key inflation report](, Disney and Mukesh Ambani create [new India media giant](, Tim Cook says Apple will ‘[break new ground](’ in GenAI this year, Google CEO tells employees [Gemini AI blunder]( ‘unacceptable’, and Wendy’s says [‘dynamic’ pricing]( won’t tack surge pricing to your nuggets… Calendar: - Today, 2/29: Personal Consumption Expenditures (PCE), 8:30a ET - Fri, 3/1: Consumer sentiment (final), 10:00a ET Your 5-minute briefing for Thursday, February 29: BEFORE THE OPEN As of market close 2/28/2024. Pre-Market: US Investor % Bullish Sentiment: 44.28% for Wk of Feb 22 2024 Market Recap: - Stock futures down as earnings weighed. - Dow futures slip 0.2%, S&P 500 and Nasdaq 100 edge down. - Salesforce, Snowflake, Okta in focus: mixed results. - Dow falls for third day; S&P, Nasdaq also decline. - Eyes on personal consumer expenditures reading. - February marks another positive month; Nasdaq leads. - Earnings continue: Best Buy, HPE, Bath & Body Works. - Key economic figures due: personal income, PMI, pending home sales. EARNINGS What we’re watching this week: - Today: Anheuser-Busch InBev (BUD) - [Birkenstock (BIRK)]( - earnings per share of 10 cents on $312.4M in revenue Full earnings calendar [here]( HEADLINES [Disney, Reliance Sign $8.5B Deal to Merge India Media Operations (750M Viewers)]( Reliance to control JV and invest $1.4 billion for growth. Deal is expected to close as early as last quarter of 2024 [Tim Cook Says Apple Will ‘Break New Ground’ in GenAI this Year’]( Cook made the pronouncement during the company’s annual shareholders meeting today, the same week the company scuttled its multibillion-dollar, decade-long plan to build an EV. - Wall Street braces for key inflation report ([more]() - US economy on firmer footing heading into first quarter ([more]() - Fed officials emphasize data to guide pace of interest-rate cuts ([more]() - US lawmakers strike deal to avoid imminent government shutdown ([more]() - Housing inflation relief may be short-lived ([more]() - China bans high-speed futures trader as quant crackdown expands ([more]() - Teamsters, Anheuser-Busch reach deal to avert a strike ([more]() - Google CEO tells employees Gemini AI diversity blunder ‘completely unacceptable’ ([more]() - Google hit with $2.3B lawsuit by Axel Springer, others ([more]() - Apple to disclose AI plans later this year, CEO Tim Cook says ([more]() - Volkswagen, XPeng deal to develop two B-class battery EVs ([more]() - Snowflake CEO Frank Slootman stepping down—Wall St hates it ([more]() - Wendy’s says ‘dynamic’ pricing won’t tack surge pricing onto your nuggets ([more]() - Alibaba unveils big cloud price cuts as AI rivalry deepens ([more]() TOGETHER WITH TRADINGVIEW Where the world does markets. 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[Try It Here - FREE!]( - please support our sponsors - Tip: If email is clipped by Gmail click “read online” in the top right corner DEALFLOW M+A | Investments - Shell's US solar unit launches asset sale ([more]() - KKR considers selling stake in India’s $3B JB Pharma ([more]() - Fiserv, Amadeus vie to acquire Shift4 Payments ([more]() - BC Partners revives plans for $9.7B Springer Nature sale ([more]() - I Squared taps advisers to sell Energia for up to $3B ([more]() - Black Mountain Software, a provider of accounting software for local governments, announced the acquisition of Cascade Software Systems, a provider of integrated accounting solutions ([more]() - Veradigm acquires ScienceIO ([more]() - STSCP-backed PestCo buys PestShield ([more]() - Silver Oak-backed Summit acquires Deft ([more]() - Nordic Capital makes majority investment in ActiveViam ([more]() - Advent International invests in Skala ([more]() - VINCI Highways purchases 43.3% stake in Northwest Parkway ([more]() - GTCR, Avryo Healthcare invest in 7to7 Dental ([more]() - OpenGov, a cloud software company, received a majority investment from Cox Enterprises ([more]() VC - Rhombus, a cloud-managed physical security company, raised $26M+ in funding ([more]() - Range Energy, a hardware company bringing trailers to the commercial trucking market, raised $23.5M in new funding ([more]() - Redi Health, a digital health startup, raised $14M in Series B funding ([more]() - Tracksuit, a brand tracker for growth brands, raised $13.5M in funding ([more]() - Coverdash, an SMB focused-insurance company, raised $13,5M in Series A funding ([more]() - Roshal Health, a company providing hospital-grade, on-demand ultrasound/echocardiogram services, raised $10M in funding ([more]() - Collov AI, a provider of an AI design tool for furniture, raised $10M in Series A funding ([more]() - tvScientific, a performance advertising platform for CTV, raised $9.4M in convertible note funding ([more]() - Flexnode, a data infrastructure startup, raised $9M in seed funding ([more]() - Slice, a provider of a global equity platform utilizing AI for continuous compliance, raised $7M in Seed funding ([more]() - Gradial, a content management system, announced $5.4M seed funding led by Madrona ([more]() - HuLoop Automation, an AI-powered intelligent automation company, raised $5M in Seed funding ([more]() - FamilyWell, a tech-enabled health company, raised $4.3M in Seed funding ([more]() - Codified, a generative AI-powered data governance startup, raised $4M in Seed funding ([more]() - Campfire, a provider of accounting software for startups and midsize companies, raised $3.5M in Seed funding ([more]() - Looq AI, a survey technology platform company dedicated to advancing critical infrastructure digitization and analysis, raised $2.6M in seed funding ([more]() - Lionize, provider of an AI-driven influencer search tool and influencer marketing platform, raised $2M in funding ([more]() - BlueBean, a provider of a procure to pay solution, raised $1.3M in funding ([more]() - AiDash, an enterprise SaaS company making infrastructure industries sustainable with satellites and AI, received an investment from Duke Investments ([more]() - Catch+Release, a content licensing marketplace, received an investment from Roller Labs Ventures, the corporate venture capital fund of Canadian Tire Corporation ([more]() CRYPTO - Bitcoin rockets to $64,000 as it closes in on previous all-time high ([more]() - Online trading platform Webull is set to go public via a $7.3B SPAC deal ([more]() - Coinbase users see $0 balance after crypto-trading app suffers glitch ([more]() - Sam Bankman-Fried asks for lenient sentence, points to FTX fund recovery ([more]() BULLISH BITES 💼 Biz opp: The best ([and worst]() states for business owners in 2024. 🏚 Nostalgia: Average cost of an American home in the decade you were born, from 1940s. 🔌 Unplugged: What a bunch of [A-list celebs taught me]( about how to use my phone. 😉 In the know: [How to access]( Delta Sky Club lounges amid tightening policies. 🚨 Take control of your future: [D16 Countries Join BRICS in Dollar Exodus — Prepare Now]( (GoldenCrest)* *from our sponsors DAILY SHARES [tw profile: Daniel] Daniel @growing_daniel [tw] Over half of total comp at Wendy's is Baconator options. There's more than a few stories of guys who started as fry cooks and retired as fry cooks to their own private island. Feb 28, 2024 428 Likes 6 Retweets 23 Replies [tw profile: sophie] sophie @netcapgirl [tw] real Mike Speiser @laserlikemike Never underestimate an entrepreneur with a massive chip on their shoulder. Feb 28, 2024 1.56K Likes 84 Retweets 19 Replies [tw profile: Trung Phan] Trung Phan @TrungTPhan [tw] the pitch deck the product Feb 29, 2024 341 Likes 25 Retweets 11 Replies Know someone who would enjoy this? [CLICK TO SHARE]( 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? 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