- Bull Street
- Posts
- 📈 DeSantis out
📈 DeSantis out
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…
Smart Owl
January 22, 2024
☕️ 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
US stocks rallied on Friday as the S&P closed at an all-time high
The Nasdaq led indices with a 1.70% gain
Asian stocks rose, excluding Chinese stocks, as Japan reported slowing inflation
EARNINGS
What we're watching this week:
Tuesday: Netflix, Verizon, 3M, Johnson & Johnson, RTX, P&G, Lockheed Martin, United Airlines
Wednesday: Tesla, AT&T, IBM, ASML, Progressive
Thursday: Intel, Visa, Blackstone, American Airlines, Comcast, Next Era Energy
Friday: American Express
Full calendar here
NEWS BRIEFING
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.
In a consumer survey released Friday, Democrats and Republicans alike expressed their most favorable readings since the summer of 2021.
A hot debt market is slashing borrowing costs for riskier companies (link)
Meta snaps out of historic slump with first record high in years (link)
Musk’s AI startup secures $500M towards $1B funding goal (link)
Europe moves into a new world after crippling energy crisis (link)
US authorities say more Boeing 737 planes should get checks after MAX 9 incident (link)
Microsoft says Russia-linked group hacked employee emails (link)
Euro Zone’s job market puzzle shows risk of early ECB rate cuts (link)
Netflix has its own tough act to follow (link)
Australia halts ‘Golden Visa’ under broad migration overhaul (link)
Why there is a new global race to the moon (link)
Ocean shipping rates surge as Red Sea attacks continue (link)
AMD’s record high shows AI-fueled chip rally has another gear (link)
Petrobras board member resigns from Brazilian oil giant (link)
Generative AI regulation dominates the conversation at Davos (link)
JetBlue, Spirit to appeal blocked merger (link)
Warren Buffett tells Citigroup CEO Fraser to keep going with overhaul (link)
CRYPTO
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.
FEATURED TRADES
Plural Investing holding: $KD
Kyndryl Holdings, Inc. (ticker: KD) is an American multinational information technology services company that was spun off from IBM and specializes in managing and modernizing clients' infrastructure and mission-critical systems.
Ticker: KD | Price: $20.57 | Price Target: $40 (+94%)
Market Cap: 4.7B | Timeframe: 3 years
💻 Tech Services | 💻 Tech Infrastructure | 📈 Bullish Idea
Read the full article here. Read time: 2 min
DAILY SHARES
can’t wait for this
— sophie (@netcapgirl)
12:34 AM • Jan 21, 2024
What did you think about today's briefing? |
Keep the curation going! Buy the team a coffee ☕️