Porter Stansberry Admits Grievous Mistake:
“I Was Wrong. Dead Wrong.”

25 years ago, this legendary Wall Street analyst wrote what he called “the biggest financial story of my life.”

Now he’s admitting he was dead wrong about that claim.

Click here to find out why »

BEFORE THE OPEN

Pre-Market:

US Investor % Bullish Sentiment:
↑ 29.19% for Week of February 20 2025

🚀 These Six “Picks and Shovels” Companies Are the Real Secret to Profiting From the AI Boom »
- from Porter & Co.

Market Wrap:

• Futures flat after Thursday’s sell-off led by Walmart’s weak forecast.

• Dow fell 450 points, S&P retreated from record highs, Nasdaq -0.47%.

• Hogan: Market fears may be overblown; bargain hunters could step in Friday.

• Today: PMIs, existing home sales may guide market moves.

• This week: S&P up slightly, Nasdaq -0.3%, Dow trailing with 0.8% loss.

EARNINGS

No earnings watched today. See full calendar here »

HEADLINES

Alibaba Surges and Amazon Beats Walmart

Trump Says New China Trade Deal ‘Possible’ Despite Tensions

• Dow falls 450 points as inflation and tariff fears hit Main Street (more)

• US labor market stable; hit from government belt tightening awaited (more)

• Trump’s first month has traders ditching America-first wagers (more)

• US regulator withdraws appeal of rule on Treasury markets (more)

• Trump weighing giving 20% of DOGE savings to Americans (more)

• Layoffs begin at the IRS, as DOGE cuts collide with tax season (more)

• Citi joins corporate retreat from diversity initiatives (more)

• Walmart racks up sales record but sees slower growth ahead (more)

• GameStop’s Ryan Cohen hikes his personal stake in Alibaba to $1 billion (more)

• Meta approves plan for bigger executive bonuses following 5% layoffs (more)

• Netflix to invest $1 billion in Mexico over next 4 years (more)

• Spirit Airlines to exit bankruptcy under go-private deal (more)

• BlackRock resumes talks with companies following SEC guidance (more)

A MESSAGE FROM PORTER & CO

The Year of the Biggest Tech Disruption Ever

Something is stirring deep in Silicon Valley.

My team and I have been watching the tech markets closely.

And something BIG is about to happen.

The last time we saw signs like this was when we told our readers to buy Nvidia shares at $11.47 in 2016…

And before that, when we told our readers to buy Amazon at $1.50 in 1997…

But what I have to tell you today might very well turn out to be my biggest prediction ever.

“The Final Frontier” of tech is here.

Will you hop aboard the train?

Or let it slip by?

Go here for more details.

DEALFLOW

M+A | Investments

• Celsius to buy rival energy drink brand Alani Nu for $1.8 billion (more)

• Voltron Data, a company developing data systems, received an investment from Accenture Ventures (more)

VC

• Lambda, a company developing an AI cloud platform, raised $480M in Series D funding (more)

• Together AI, an AI Acceleration Cloud company, raised $305M in Series B funding (more)

• Arize AI, an AI observability and LLM evaluation company, raised $70M in Series C funding (more)

• Sanas, a real-time speech understanding platform, raised $65M in Series B funding (more)

• Baseten, an inference platform for AI-native products, raised $75M in Series C funding (more)

• Lumotive, a provider of programmable optical semiconductor products, raised $45M in Series B funding (more)

• SmartSuite, a work management platform provider, raised $13M in funding (more)

• Relish, an enterprise app development company, raised $25M in Series B funding (more)

• Resynergi, a modular advanced plastic recycling technology company, raised $18M in Series B Extension funding (more)

• CredCore, an AI company that transforms debt capital markets for lenders and borrowers, raised $16M in funding (more)

• Cagent Vascular, a developer of serration technology for endovascular interventions, received $15M in growth capital from Trinity Capital (more)

• Millie, a tech-enabled maternity clinic, raised $12M in Series A funding (more)

• COVU, an AI-native company specializing in insurance customer management, raised add’l $10M, increasing its Series A to $22M (more)

• SingleFile, a legal and compliance tech company, raised $9M in Series A funding (more)

• Lingo.dev, an AI localization engine, raised $4.2M in Seed funding (more)

• Henry AI, an AI analyst for the commercial real estate sector, raised $4M in Seed funding (more)

• OpenEvidence, an AI copilot for doctors, raised an undisclosed in Series A funding (more)

CRYPTO

• Crypto firms ask Congress to roll back IRS rules for DeFi (more)

• New SEC cyber unit closes chapter on agency's crypto enforcement emphasis (more)

• Strategy’s Michael Saylor says the US should aim to hold 20% of Bitcoin (more)

BULLISH BITES

🚨 Porter Stansberry: A deadly mistake in my prediction… *

👂 ‘Mar-a-Lago Accord’ chatter is getting Wall Street’s attention

🤯 OpenAI now serves 400M users every week.

🤖 ChatGPT expert shares his Top 8 Tips for AI prompts success.

✈️ The best airport restaurants in the world, according to business power travelers.

DAILY SHARES

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