These Six “Picks and Shovels” Companies Are the
Real Secret to Profiting From the AI Boom 💥

These six companies are so essential to AI that the industry cannot survive without them.

Click here to find out their names.
- a message from Porter Stansberry

BEFORE THE OPEN

Pre-Market:

US Investor % Bullish Sentiment:
↓ 34.67% for Week of January 09 2025

Market Wrap:

• Futures flat; Dow +37 pts, S&P steady, Nasdaq +0.1%.

• Dow +0.52%, S&P +0.11%, Nasdaq -0.23% on tech pullback.

• Dec PPI +0.2%, below 0.4% forecast, boosting sentiment.

• CPI: Expected +0.3% MoM, +2.9% YoY.

• Big banks (JPM, Citi, GS) report premarket today.

EARNINGS

Here’s what we’re watching:

• Today: Blackrock (BLK), Citigroup (C), Goldman Sachs (GS), Wells Fargo, (WFC)

  • JP Morgan Chase (JPM) - earnings of $4.04 per share (-7.6% vs Q3 and up 32.9% from Q4 2023) on $41.5B revenue

• Thursday: BofA (BAC), Morgan Stanley (MS)

  • UnitedHealth (UNH) - earnings of $6.75 per share (+9.6% YoY) on $101.8B revenue (+7.7% YoY)

• Friday:

  • SLB (SLB) - earnings of $.90 per share (+4.7% YoY) on $9.2B revenue (+2.2% YoY)

Full calendar here »

HEADLINES

US Posts Record $711B Deficit for First 3 Months of Fiscal 2025 (+40% from a year ago)

US Inflation Data to Remain Firm, Feeding Fears of Higher Rates

• Tech rout in markets continues (more)

• Dollar rally pauses ahead of US inflation test (more)

• Trump says he’ll create ‘External Revenue Service’ to collect tariffs, etc (more)

• Cleveland-Cliffs eyeing all-cash bid for U.S. Steel (more)

• SEC sues Elon Musk over late disclosure of Twitter stake (more)

• US to ban smart cars with Russian, Chinese tech (more)

• Meta announces 5% cuts in prep for ‘intense year’ — read the internal memo

• Wiedman, a top BlackRock exec thought to be Fink’s successor, to resign (more)

• JPMorgan's Piepszak exits CEO race for now, making contest murkier (more)

• Intel Capital is spinning off from Intel (more)

• Ex-Wells Fargo execs face millions in fines for misconduct (more)

• Fund manager reveals what needs to change to invest in luxury stocks (more)

IN PARTNERSHIP WITH THE RUNDOWN AI

DEALFLOW

M+A | Investments

• eBay, a global commerce leader, acquired Caramel, an end-to-end online automotive transaction solution provider (more)

• Snappy, a global gifting company, announced its acquisition of Covver, a platform specializing in swag and points-based recognition solutions (more)

• Vagaro, software for businesses in beauty, wellness, and fitness, acquired Schedulicity, scheduling software for the beauty/wellness industry (more)

• Chainalysis, an AI-powered fraud detection solution, acquired Alterya, an AI fraud detection solution identifying scammers before they meet their victims (more)

• Cengage Group, an edtech company, acquired Visible Body, a company specializing in interactive, 3D models and software for the sciences (more)

• Valeo Networks, a managed security service provider, acquired Verus Technologies Solutions, an MSP (more)

• Caidya, a global mid-sized CRO, received a $165M growth investment from Rubicon Founders (more)

• VisitorReach, a US personalized communication tools company, received a strategic investment from Gloo (more)

VC

• Harbinger, a medium-duty EV company, raised $100M in Series B funding (more)

• LemFi, a platform for immigrant communities to access financial services, raised $53M in Series B funding (more)

• Solera Health, a tech platform for connecting people to health solutions that work, raised $40M in funding (more)

• Orchid Security, a company specializing in identity-first security orchestration, raised $36M in Seed funding (more)

• Aerin Medical, a medical device company, raised $32.5M in funding (more)

• Overland AI, a tech company developing advanced autonomy for UGVs, raised $32M in Series A funding (more)

• Clear Labs, a provider of next-gen sequencing platforms for diagnostics, raised $30M in Series D funding (more)

• Labviva, an AI procurement platform for life sciences, raised $25M in Series B funding (more)

• Raspberry AI, a gen AI platform for fashion creatives, raised $24M in Series A funding (more)

• The Snow League, a professional winter sports league exclusively dedicated to snowboarding and freeskiing, raised $15M in funding (more)

• XtremeX Mining Technology, a company providing drilling solutions, raised $11M in Series A funding (more)

• Sydecar, a provider of a deal execution platform, raised $11M in Series A funding (more)

• BforeAI, a predictive attack intelligence and digital risk protection solution, raised $10M in Series B funding (more)

• Lady Technologies, a women healthtech company, raised $6.5M in Series A funding (more)

• First Ascent Biomedical, a company specializing in personalized cancer treatments, raised $6M in funding (more)

• Daash Intelligence, an AI-powered predictive commerce intelligence platform for retail brands, raised $5.5M in Second Seed funding (more)

• Thoras.ai, an adaptive reliability platform for enterprises, raised $5M in Seed funding (more)

• Red Sky Health, an AI-driven platform designed to optimize healthcare claims management, raised $3M in Seed funding (more)

• Proper Good, a ready-to-eat meal solutions company, raised an undisclosed amount in funding (more)

• Kerna Laboratories, an AI biotech startup, raised an undisclosed amount in funding (more)

CRYPTO

• Bitcoin taking cue from tech stocks as markets await CPI test (more)

• Crypto ETFs have big innovation opportunity in 2025, but demand may be weak (more)

• Crypto bank Sygnum gets unicorn status with $58M round (more)

• Jamie Dimon still sees ‘no value’ in Bitcoin (more)

BULLISH BITES

🚨 CEO Jensen Huang does not want you knowing this dirty little secret about Nvidia  *

🏚 LA rentals hit $40,000 a month as fires worsen the city's affordability crisis.

📆 At Charles Schwab, a fresh start after a close call.

👋 ‘Goodbye to my Chinese spy’ might be the last great TikTok trend.

🤖 ChatGPT can remind you to do stuff now.

DAILY SHARES

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