The Tech Apocalypse Is Here…

And the insiders know it.

Jeff Bezos just sold $3 billion in Amazon stock … Jensen Huang just sold $713 million of NVIDIA … Mark Zuckerberg just sold $1.3 billion in Meta stock…

Click here to watch the controversial new documentary these billionaire CEOs are trying to cover up »

BEFORE THE OPEN

Pre-Market:

US Investor % Bullish Sentiment:
↓ 19.38% for Week of February 27 2025

📈 Goldman Sachs: “More Than 1,600 New Millionaires Quietly Being Anointed Due to Breakthrough Technology”
- from Porter and Company

Market Wrap:

• S&P -1.76% (worst since Dec), Nasdaq -2.64%, Dow -649 pts (-1.48%).

• Nvidia -8%, AI & small caps sank; Russell 2000 -3%.

• Trump moving forward: 25% tariffs on Canada/Mexico, 10% on China.

• GM & Ford hit lows; Mexico/Canada ETFs -1%+.

• Weak manufacturing & construction data added to jitters.

• Key jobs report drops Friday.

EARNINGS

Here’s what we’re watching this week:

• Today: ChargePoint (CHPT), Nordstrom (JWN)

  • Target (TGT) - earnings of $2.15 per share (-27.9% YoY), on $30.8B revenue (-3.4% YoY)

• Wednesday: Abercrombie & Fitch (ANF)

• Thursday: Gap (GAP), Macy’s (M)

  • Broadcom (AVGO) - earnings of $1.51 per share (+37.3% YoY) on $14.6B revenue (+21.7% YoY)

  • Costco (COST) - earnings of $4.10 per share (+4.6% YoY) on $68.3B revenue (+7.8% YoY)

Full calendar here »

TOGETHER WITH THE RUNDOWN AI

Learn AI in 5 minutes a day

This is the easiest way for a busy person wanting to learn AI in as little time as possible:

1. Sign up for The Rundown AI newsletter

2. They send you 5-minute email updates on the latest AI news and how to use it

3. You learn how to become 2x more productive by leveraging AI

Sign up to start learning.

HEADLINES

Trump Gets Economic Red Flag Before His Address to Congress

Dalio Warns of US Debt Crisis ‘Heart Attack’ Within Three Years

• Dow falls 649 points, S&P, Nasdaq slide on tariff fears (more)

• Trump says 'no room left' for Canada, Mexico to avert tariffs (more)

• Members of Congress to launch bipartisan ‘Congressional Crypto Caucus’ (more)

• David Sacks responds to Crypto Reserve conflict of interest allegations (more)

• FDIC to seek rollback of bank merger rule (more)

• Gold prices rebound on weaker US dollar (more)

• Oil tumbles to lowest this year as OPEC+ plans to revive output (more)

• Asian stocks to decline as tariffs spark US rout (more)

• Trump and TSMC announce new $100B plan to build five new US factories (more)

• Shoppers turn to smaller food brands, cutting into Unilever, P&G profits (more)

• Chinese fast-food chain overtakes McDonald's as world's biggest (more)

• Kroger’s CEO abruptly resigns after probe into personal conduct (more)

• GM hires chief AI officer for new role (more)

• Citi's consumer and retail M&A head Finkelstein to leave bank (more)

DEALFLOW

M+A | Investments

• Welltower to acquire Amica Senior Lifestyles portfolio for $3.2B (more)

• PAI Partners to buy majority stake in hotel chain Motel One (more)

• Genstar reaches deal to acquire majority stake in First Eagle (more)

• Ramp, a financial operations platform, announces $150M secondary investment; increases valuation to $13B (more)

VC

• Anthropic raises $3.5B to fuel its AI ambitions (more)

• Atmosic Technologies, a provider of ultra-low power compute and connectivity solutions, raised $40M in funding (more)

• Viam, an engineering platform for data, AI and automation, raised $30M in Series C funding (more)

• Vermillio, an AI licensing and protection platform, raised $16M in Series A funding (more)

• Subscript, an AI-powered billing and analytics software, raised $15M in Series A funding (more)

• FairPlay, a Fairness-as-a-Service company developing tools that help companies using AI, raised $10M in funding (more)

• HeyMilo, an AI-powered candidate screening platform, raised $2.2M in Seed funding (more)

• SimCare AI, a clinical training company using AI patients to bypass regulatory constraints, raised $2M in Seed funding (more)

• Solis Agrosciences, a company developing Agtech research services, received Series A funding (more)

• Cryptosoft, a provider of software supply chain managed services, raised an undisclosed amount in funding (more)

CRYPTO

• Trump faces blowback over plans for Crypto Reserve (more)

• Trump’s crypto reserve plan faces Congress vote, may limit rally (more)

• Crypto strategic reserve coins ‘ADA, XRP, SOL’ dump, Bitcoin follows (more)

• Bitcoin turns lower as optimism fades on Trump's crypto reserve plan (more)

BULLISH

🚨 Urgent: ‘Magnificent 7’ in for a World of Pain… *

💥 His hedge fund imploded in spectacular fashion. His new one has $12 billion.

🤖 Less is more: How ‘chain of draft’ could cut AI costs by 90% while improving performance.

📕 Waiting for the Paperback? Good luck.

🪷 The 9 people who check in to every ‘White Lotus’.

DAILY SHARES

Have a comment or suggestion?
💌 Send us a message

Not on the list? Subscribe »