💼 Coming in hot

Inflation picks up hotter than expected... your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 March 13, 2024 | [Read Online]( Together with Good morning. The Fast Five →[Â]([Inflation]( picks up hotter than expected, traders [shrug]( it off, [voters blame]( businesses more than Biden, [Boeing Max crisis]( forces airlines to cut flights, and an organized [crime ring]( plaguing retailers -busted… Calendar: - THU 3/14: Producer price index (PPI), 8:30am ET Your 5-minute briefing for Wednesday, March 13: BEFORE THE OPEN As of market close 3/12/2024. Pre-Market: US Investor % Bullish Sentiment: 51.73% for Wk of Mar 07 2024 (Last week: 46.50%) Market Recap: - Stock futures steady Tuesday night after S&P 500 hits new high - Dow futures down 10 points, S&P 500, Nasdaq 100 flat - Markets rally Tuesday despite mild inflation rise in Feb - Nvidia stock up 7%, key indicator in broadening market - Dollar Tree reports this morning, Lennar after close EARNINGS What we’re watching this week: - Today: Lennar LEN, Williams-Sonoma (WSM) - [Dollar Tree (DLTR)]( - earnings of $2.65 per share (+29.9% YoY) on $8.7B in revenue (+12.3% YoY) - Thursday: Dick's Sporting Goods (DKS), Ulta Beauty (ULTA) - [Adobe (ADBE)]( - earnings of $4.38 per share (+15.3% YoY) on $5.1B in revenue (+10.3%) Full earnings calendar [here]( HEADLINES [Boeing Max Crisis Forces Airlines to Cut Flights, Pause Hiring, CEOs say]( Boeing is struggling to stabilize its supply chain after a host of quality control problems. Southwest, Alaska and United say they are impacted by the late-arriving aircraft. [Stock Traders Bracing for Worst Shrug Off Hot Inflation Data]( - Inflation picks up to 3.2%, slightly hotter than expected ([more]() - Here’s the inflation breakdown for February 2024 ([more]() - Inverted yield curve no longer reliable recession flag, strategists say ([more]() - Gasoline, shelter costs boost US prices; inflation still slowing ([more]() - Voters blame businesses more than Biden for sticky inflation ([more]() - US budget gap hits $828B in five months on interest costs ([more]() - IBM is slashing jobs in marketing and communications ([more]() - CVC’s beauty chain Douglas sets terms for $991M IPO ([more]() - Goldman Sachs seeks to expand private credit portfolio to $300 billion in five years ([more]() - Boeing whistleblower found dead of apparent suicide ([more]() - Intel survived bid to halt millions in sales to China's Huawei, sources say ([more]() - Thomson Reuters has $8 Billion war chest for AI-focused deals ([more]() - Most subscription mobile apps don’t make money, new report shows ([more]() TOGETHER WITH BETTERMENT Put your money to work and your mind at ease with automated investing tech and tax-smart tools designed to help maximize your returns. [Learn more](. - please support our sponsors - DEALFLOW M+A | Investments - ArcelorMittal to buy 28.4% stake in Vallourec for about $1B ([more]() - Hg said to kick off $1 bln sale of Telematics firm track unit ([more]() - Scholastic to buy kids’ content Studio 9 Story for $185M ([more]() - Immedica’s owners consider sale of Swedish pharma firm ([more]() - National Bank of Canada weighs options for Cambodian unit ([more]() - KKR to invest $400M in Philippine telecoms tower business ([more]() - Civo, a pure-play cloud-native service provider, acquired Kubefirst, an open-source GitOps platform for Kubernetes, from Kubeshop ([more]() - Linden Capital Partners purchases Alcresta ([more]() - BlackRock buys portfolio of solar energy and solar plus storage projects from Excelsior ([more]() VC - Applied Intuition, a vehicle software supplier for automotive, trucking, construction, and other industries, raised $250M in Series E funding, at $6B valuation ([more]() - LactaLogics, a company specializing in human milk-based nutrition, raised $92M in funding ([more]() - Bear Robotics, a company specializing in service robotics and artificial intelligence solutions, raised $60M in Series C funding ([more]() - Eclipse Labs, a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine, raised $50M in Series A funding ([more]() - Ocient, a data analytics software solutions company, raised $49.4M in funding ([more]() - Empathy, a company providing a support system for loss, raised $47M in Series B funding ([more]() - CodeMatrix, a company providing an AI solution for healthcare revenue management, raised $40M in Series B funding ([more]() - Nanonets, a provider of an AI-based workflow automation platform for business processes, raised $29M in Series B funding ([more]() - Quaise Energy, a terawatt-scale geothermal company, raised $21M in Series A1 funding ([more]() - Adaptive ML, a startup enabling companies to improve generative AI models on users’ interactions, raised $20M in seed funding ([more]() - Tavus, a generative AI video research company, raised $18M in Series A funding ([more]() - Axion Ray, a provider of an AI-powered observability command center, raised $12.5M in Series A funding ([more]() - Prescient AI, a company specializing in AI media measurement and optimization, raised $10M in Series A funding ([more]() - Pienso, a company offering an interactive AI platform to turn text data into insights, raised $10M in new funding ([more]() - Loop, a SaaS provider enabling restaurants to maximize their third-party delivery service profitability, raised $6M in Seed funding ([more]() - Foundation Health, a healthcare technology company, raised $6M in Seed funding ([more]() - Legends, a provider of a confidence-training platform for kids, raised $6M in Seed funding ([more]() - Milu Health, a health tech company using AI for cost savings in healthcare, raised $4.8M in Seed funding ([more]() CRYPTO - Ethereum software upgrade is all about cost cutting this time ([more]() - Coinbase Global plans to offer $1 Billion in convertible notes ([more]() BULLISH BITES 💄 Criminal: [Inside]( the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens. 🛑 Roadblock: A top auto safety group tested 14 partial automated systems — [only one passed](. 🏆 Pay to play: Dating apps have [hit a wall](. Can they turn things around?  🚙 Toys: [Electronic broncos](. 💰 Don’t put if off: [Make a date with your money]( and compare top financial advisors in your area, matched to your specific needs -for Free. [Try it »]( * *from our sponsor DAILY SHARES [tw profile: TrendSpider] TrendSpider @TrendSpider [tw] True story $SPY Mar 12, 2024 560 Likes 59 Retweets 14 Replies [tw profile: gaut] gaut @0xgaut [tw] when your $100 Bitcoin investment is now worth $120 Mar 13, 2024 140 Likes 9 Retweets 8 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! 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