Good morning.
The Fast Five → Trump risks showdown with Xi before summit, Allbirds soars 600% after bizarre rebrand as AI stock, investors return to tech stocks, Wall Street banks cut 5,000 jobs, and jury finds Live Nation illegally monopolized ticketing market…
📌 $1 Billion Money Manager: "Trump's about to RUIN Elon's SpaceX IPO" →
(from InvestorPlace Media)
Calendar: Full Calendar »
Today:
Unemployment Claims, 8:30A
Tomorrow:
None watched
Your 5-minute briefing for Thursday, Apr 16:
BEFORE THE OPEN
As of market close 4/15/2026.
Pre-Market:
US Investor % Bullish Sentiment:
↑ 35.75% for Week of APR 09 2026
Previous week: 33.57%
Market Wrap:
Futures slightly higher Dow +48, S&P flat, Nasdaq flat
S&P and Nasdaq hit fresh record highs
Nasdaq logged 11th straight gain
Dow slipped -72 while tech led rally
Markets rising on hopes Iran deal is near
Caution grows on whether rally can broaden
Earnings Thursday PepsiCo, Schwab with jobless claims
EARNINGS
Here’s what we’re watching this week:
Today:
*PepsiCo $PEP ( ▲ 2.06% ) - $1.54 EPS (+4.1% YoY) on $18.93B revenue (+5.6% YoY)
Netflix $NFLX ( ▲ 0.58% ) - $.76 EPS (+15.2% YoY) on $12.17B revenue (+15.5% YoY)
Wall St. Insider Warns: This Could
Leapfrog Elon's SpaceX IPO
Elon Musk will take SpaceX public in 2026, at an estimated $1.75 trillion valuation. The IPO would include Elon's AI model, Grok. But according to Louis Navellier, a radical new AI model will launch this year… over 1,000 times more powerful than Elon's. And the company behind it could outperform SpaceX in the process.
- a sponsored message from InvestorPlace Media -
HEADLINES
Trump’s bid to block Iran from using the Strait of Hormuz chokes a key Chinese energy supply and risks a showdown with Xi Jinping a month before the two leaders are set to meet in Beijing.
After selling its business for $39M last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI.
Nasdaq sets record highs as investors return to tech stocks (more)
Tax refunds shoot up as Americans take advantage of new deductions (more)
Fed's Beige Book: Iran war has businesses on edge (more)
Oil steady on signs US, Iran working toward ceasefire extension (more)
Dollar sheds bulk of Iran war premium (more)
Gold declines as traders assess renewed push for US-Iran talks (more)
Live Nation illegally monopolized ticketing market, jury says (more)
Wall Street banks cut 5,000 jobs even as they notched record profits (more)
Cadence, Nvidia working together on developing AI for robotics (more)
Avis's 200% surge lures new shorts eyeing trip 'back to reality' (more)
Tesla shares climb more than 6% after analyst upgrade (more)
Snap’s stock jumps on plans to axe 16% of its workforce (more)
Morgan Stanley stock traders join in Wall Street’s windfall (more)
BofA stock traders notch record fueled by momentum in markets (more)
Spirit Airlines could liquidate as early as this week, sources say (more)
DEALFLOW
M+A | Investments
Jane Street signs $6B AI cloud deal with CoreWeave
eToro acquires Zengo
Skild AI acquires Zebra Technologies’ robotics automation business
Contoro receives investment from Coupang
VC
Terremoto Biosciences, a biotech company developing highly targeted, small molecule medicines, raised $108M in Series C funding
Turion Space, a space infrastructure company, raised $75M+ in Series B funding
Parasail, a deployment network for AI agents, raised $32M in Series A funding
NanoTech Materials, a material science company, raised $29.4M in Series A funding
Hilbert, an agentic AI platform that connects data across teams, raised $28M in Series A funding
Neato, a 2P eCommerce services provider that partners with consumer brands as their online retailer, raised $25M in growth capital
Keebler Health, an LLM-native health technology company, raised $16M in Series A funding
Phonely, an AI voice platform for businesses, raised $16M in Series A funding
HYFIX Spatial Intelligence, Inc., a semiconductor company building autonomous systems chips, raised $15M in Seed funding
Paxos Labs, a financial utility stack for digital assets, closed a $12M strategic funding round
Gitar, an infrastructure company building AI agents for code review and integration workflows, raised $9M in funding
Timeshifter, a jet lag app, raised an undisclosed amount in funding
HockeyStack, an enterprise revenue agent platform, raised an undisclosed amount in funding
CRYPTO
BULLISH BITES
✈️ Airline mega-merger story is all about Trump.
🤖 Consulting used to be a dream first job. AI changed that.
🍿 The Social Network sequel sounds totally insane—and incredible.
🖼 The new restaurant where you can bid on masterpieces from the table.
DAILY SHARES
Have feedback or a suggestion?
💌 Send us a message
*sponsored message
Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team.
