BEFORE THE OPEN

MARKETS:

• Stock futures hold steady ahead of today's jobs report.

• Dow futures down 7 points, S&P 500 futures dip 0.06%, Nasdaq 100 futures slip 0.1%.

• Dow and S&P 500 snap 3-day losing streaks, Nasdaq gains 1.37%.

• Dow and S&P 500 set to end 5-week winning streaks, Nasdaq eyes sixth consecutive weekly gain.

• Focus on jobs data, including initial jobless claims and continuing claims.

• Await University of Michigan's preliminary consumer sentiment data for December.

• Individual investor pessimism rises in latest AAII survey, bullish sentiment dips slightly.

• Bullish sentiment remains above historical average for five straight weeks.

EARNINGS

Enjoy your weekend.

Full earnings calendar here

NEWS BRIEFING

Alphabet Soars as Wall Street Cheers Arrival of AI Model Gemini

Salesforce Signals the Golden Age of Cushy Tech Jobs Is Over

• US government shutdown risk rising on stalled spending talks (more)

• Biden administration asserts power to seize drug patents in move to slash high prices (more)

• Jobs report to give reality check to bond traders way ahead of Fed (more)

• JPMorgan's Kolanovic says opt for cash or bonds over stocks (more)

• Gold firms as dollar dips ahead of US payrolls report (more)

• Soy and lithium trade being in the balance, Argentina's Milei has a China conundrum (more)

• Spotify’s CFO is leaving, follows marketing chief out the door (more)

• Dollar General’s returning CEO tries to drive a turnaround (more)

• Amazon tests a $9.99 monthly unlimited grocery subscription service for Prime members (more)

• Google is ending the year with a big update for Pixel devices (more)

• The venture landscape may be on the ‘cusp’ of explosive growth (more)

• Yellow rejects bid to revive the collapsed trucking company (more)

• Harvard, Penn heads walk back genocide answers after backlash (more)

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DEALFLOW

M & A | INVESTMENTS:

• Carlyle’s Rubenstein is in talks to acquire Baltimore Orioles (more)

• BAWAG is lead bidder for Barclaycard Germany (more)

• Ambassador Supply acquires Ideal Steel $130M (more)

• Cynosure invests in Canada’s Wellington-Altus Financial (more)

• Arctos Partners purchases majority stake in Paris St-Germain (more)

• SK Capital-backed Ecopol invests in JRF (more)

• Bigeye, a provider of a data observability platform, received a strategic investment from Alteryx Ventures (more)

• Settlement Intelligence, a customer-focused legal technology startup, received an investment from Verify Venture Studio (more)

• SGNL.ai, a continuous access management company, received an investment from M12 (more)

• MarketTime, a provider of a SaaS platform that offers a set of features to facilitate wholesale retail commerce received an investment from Hudson Hill Capital (more)

• Action Target, a provider of shooting range solutions and services, received an investment from Praesidian Capital (more)

VC

• Josh Harris’ 26North targets up to $4 billion for first buyout Fund (more)

• New Ajax health affiliate raises $90 million led by KKR, Hellman & Friedman (more)

• Elatra, a digital coaching platform for tech businesses, raised $200K in funding (more)

• ARTBIO, a clinical-stage radiopharmaceutical company, raised $90M in Series A funding (more)

• Pontera, a fintech company enabling 401(k) participants to receive comprehensive wealth management services by personal financial advisors, raised $60M in funding (more)

• ContactMonkey, an internal email communications platform, closed a Series A funding of $55M (more)

• Solvento, a fintech company that develops payment and credit infrastructure for Latin America’s trucking sector, raised a $50M debt facility and an equity round (more)

• Air Space Intelligence, an aerospace company, raised $34M in Series B funding (more)

• Zelda Ventures, a newly formed investment firm founded/led by General Partner Suzanne Fletcher, closed its first fund, at $33M (more)

• Rhythms, an enterprise productivity startup, raised $26M in Seed funding (more)

• On, a provider of an AI chat platform, raised $25M in funding (more)

• Babylon, a provider of a blockchain project that designs security sharing protocols for the decentralized economy, raised $18M in funding (more)

• Actility, a company specializing in low-power industrial IoT connectivity solutions, raised $17.3M in funding (more)

• Mulberri, a provider of an AI-driven embedded business insurance platform for small and medium enterprises, raised $6.75M in Series A funding (more)

• DataCebo, a provider of Generative AI solutions to enhance developer productivity, raised $8.5M in Seed funding (more)

• InpharmD, a provider of an AI-based drug information service, raised $6.05M in funding (more)

• Helix by HL, a provider of a generative AI assistant for private markets, raised $6M in Seed+ funding (more)

• Sindri, a provider of a zero-knowledge proof infrastructure platform, raised $5M in Seed funding (more)

• Instock, a company specializing in customer fulfillment robotics, raised $3.2M in funding (more)

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CRYPTO

• Sen. Elizabeth Warren pushes to update banking laws to include crypto (more)

• Ether, Solana hit 19-month highs as Bitcoin rally halts with traders fearing 'bull trap' (more)

• Binance exchange’s BNB token misses out on $180 billion crypto rally (more)

• 50 people who defined the year in crypto (more)

BULLISH BITES

😇 Class act: Bezos ex, MacKenzie Scott, donates $2 billion to 360 different charities ($16.5 billion since divorce)

⏳ Drying up: From unicorns to zombies — tech startups run out of time and money.

👜 Dynasty: Hermès' $151 billion family fortune is Europe's biggest.

🙋🏻‍♀️ Her turn: The OpenAI board member who clashed with Sam Altman shares her side.

🍷 Uncorked: No longer a ‘closed club’ — why fine wine is whetting investors’ appetites.

DAILY SHARES

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