→ Your Moby Weekly Stock Pick → MSFT

Uncover the secrets behind Microsoft’s meteoric rise as it leverages Azure, AI copilots, and a newfound focus on cybersecurity, setting sights on an unprecedented $4 trillion mark (to beat Apple).

Access Moby now and discover how their last AI pick returned 642%! You’ll get a complete breakdown on Moby’s favorite AI trend and how it positions Microsoft as an unbeatable cloud platform—similar to AI stocks in the past 3 years…

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BEFORE THE OPEN

Pre-Market:

Market Recap:

• S&P 500 closes above 5,000 on lower inflation and strong earnings.

• Nasdaq rallies 1.25%, Dow slips slightly.

• Market logs fifth straight winning week, fueled by solid earnings and resilient economy.

• Tech giants surge: Nvidia up 3.6%, Alphabet 2%, Cloudflare soars 19.5%.

• Earnings continue: PepsiCo drops 3.6%, Take-Two Interactive slides 8.7%, Pinterest falls 9.5%.

• Majority beat earnings expectations: 81% above analyst forecasts.

EARNINGS

What we’re watching this week:

• Tuesday: Airbnb (ABNB), Coca-Cola (KO), Instacart (CART)

• Wednesday: Twilio (TWLO)

  • Cisco Systems (CSCO) - expected: $.84 per share (-4.5% YoY) on $12.7B revenue (-6.6% YoY)

• Thursday: DoorDash (DASH), PENN Entertainment (PENN), Roku (ROKU)

  • Coinbase Global (COIN) - expected: $.04 per share on $820.3M revenue (+30.4% YoY)

  • DraftKings (DKNG) - expected: $.08 per share on $1.2B revenue (+45.2% YoY)

Full earnings calendar here

HEADLINES

Jeff Bezos Sells Roughly $2 Billion of Amazon Shares

Elon Musk Ordered to Testify In the SEC’s Twitter Probe

• Senate moves forward with Israel, Ukraine funding after vote on Super Bowl Sunday (more)

• Slower US inflation is set to fuel Fed cut optimism (more)

• Bond traders cave to Fed by dialing back their rate-cut bets (more)

• China's consumers tighten belts even as prices fall (more)

• Cisco to cut thousands of jobs as it seeks to focus on high growth areas (more)

• Job cuts spill beyond tech sector (more)

• Nvidia pursues $30B custom chip opportunity with new unit (more)

• Diamondback, Endeavor in talks to form $50B energy giant (more)

• Luxury property boosts Mauritius FDI inflows to $503M (more)

• Tesla slashes prices for some Model Y cars in the US (more)

• Six charts explain how the CRE debt crisis spread to banks (more)

• A hard look at New York Community Bancorp after A 60% drop (more)

• Investors in Airbnb arbitrage business claim fraud in scheme promising ‘higher returns’ than stocks (more)

• Tod's owner gets help from L Catterton to take the company private (more)

DEALFLOW

M+A | Investments

• CentralReach, a provider of Autism and IDD software, acquired Silas, a social and emotional learning solution for PreK-12 (more)

• Teamfront, business management software and payments solutions, received a Growth investment from Mainsail Partners (more)

• Incident IQ, a workflow platform for K-12 school districts, received a strategic investment from Cove Hill Partners (more)

• Whistler Capital invests in AmeriPro (more)

• Owens Corning buys doormaker Masonite in $3.9B deal (more)

• Grovecourt-backed Premier Radiology buys NationalRad (more)

• GCP acquires Texas Industrial Outdoor Storage Property (more)

• Mainsail Partners purchases Teamfront (more)

• OceanSound-backed RMA acquires Black Eagle (more)

VC

• Neurona Therapeutics, a clinical-stage biotherapeutics company, raised $120M in funding (more)

• Nasdaq Private Market, a provider of liquidity solutions to private companies, their employees, and investors, raised $62.4M in Series B funding (more)

• 10Beauty, a creator of a salon-quality manicure machine, raised $38M in equity funding, including a newly closed $17M extension to their Series A led by Shine Capital (more)

• Soma Global, a company which specializes in cloud-native public safety software solutions, received a majority investment from Greater Sam Ventures (more)

• Wrapmate, a tech-driven managed marketplace, received a $16M investment from JettyCove (more)

Fundraising

• Encore Consumer Capital, a private equity investment firm focused on the consumer products industry, closed Encore Consumer Capital Fund IV, LP, and related vehicles, at $258M (more)

• Ares raises $1.7B for Australia Private Credit Fund (more)

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CRYPTO

• As Sam Bankman-Fried awaits prison sentence, FTX customers await a surprise: full repayment (more)

• LoUS abused power in bid to get crypto energy data, groups Ssay (more)

• Bitcoin ETFs flows could propel BTC prices to $112K this year (more)

BULLISH BITES

🏈 Cut’n’sew: How Super Bowl footballs are made.

🤫 Do not disturb: Want to avoid crowds while traveling? Here’s the ‘not hot’ list for 2024.

💔 Just in time: Timex and seconde/seconde/ have teamed up to offer a watch that is made for breakups.

🔥 Viral: What happens when TikTok is your marketing department.

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