AI stock wins critical Meta contract [not NVDA]

It's official: AI investing is back with a bang. The Nasdaq has kicked off its best year since 2009.

And some Nasdaq stocks are doing even better... 

One under-the-radar AI firm just hit a one-year high.

Likely due to the fact that it recently inked a major deal with Meta Platforms - which could send $250 million in revenue into this company's coffers.

Click here for the name and ticker (no cost).

BEFORE THE OPEN

Pre-Market:

US Investor % Bullish Sentiment:
↓ 35.44% for Week of January 02 2025

Market Wrap:

• Futures flat as S&P and Nasdaq log a second winning day.

• Dow futures slipped 35 points; Nasdaq futures up less than 0.1%.

• Ulta rose 1% post-hours on CEO change and guidance hike.

• Chip stocks led Monday's gains; Nvidia hit a record.

• Key jobs data ahead: JOLTS Tuesday, payrolls Friday.

EARNINGS

Light week - here’s what we’re watching:

• Friday: Constellation Brands (STZ)

  • Delta Air Lines (DAL) - earnings of $1.74 per share (+35.9% YoY) on $14.7 billion revenue (+3% YoY)

  • Walgreens (WBA) - earnings of $.40 per share (-39.4% YoY) on $37.4 billion revenue (+1.8% YoY)

Full calendar here »

HEADLINES

Trump Announces $20 Billion Foreign Investment to Build New US Data Centers

Canadian Corporates Breathe Sigh of Relief with Trudeau Departure

• Wall Street ends lower as inflation fears mount (more)

• US labor market stable as job openings rise, hiring eases in November (more)

• Treasury auction draws highest yield since 2007 in bond selloff (more)

• Oil rises second day as report points to declining US stockpiles (more)

• China’s central bank buys more gold as prices trade near record (more)

• U.S. Steel CEO calls for Trump to take fresh look at Nippon deal (more)

• Nvidia Slips After Product Event Leaves Investors Wanting More (more)

• Meta scraps fact-checking, brings back political content (more)

• Anthropic in talks to raise funding at $60 billion valuation (more)

• Exxon Predicts $700 Million Hit to Profit From Lower Oil Prices (more)

• Delta links its loyalty program to Uber, ending partnership with Lyft (more)

• Bonaccord Capital Amasses $1.6 Billion for Latest GP Stakes Fund (more)

• Barclays Bankers Are Prepping for a Wave of Dealmaking, IPOs (more)

• JPMorgan Planning to Bring Staff to Office Five Days a Week (more)

• Tiger Cubs Score Second Year of Gains on Soaring Tech Stocks (more)

• Medical debt soon will be banned on credit reports (more)

• BMW plans to install new ‘panoramic’ display in all vehicles (more)

TOGETHER WITH THE MOTLEY FOOL

DEALFLOW

M+A | Investments

• Getty Images to acquire Shutterstock to create $3.7B firm (more)

• Paychex strikes $4.1B deal for rival payroll firm Paycor (more)

• Spain's STL to buy luxury fashion house Christian Lacroix (more)

• NXP agrees to buy automotive software maker for $625M (more)

• Lusha, a sales intelligence company, acquired Novacy, a conversation intelligence platform (more)

• Pison, an AI-powered neural sensors for cognitive health, wellness, and gesture control, received an investment from Samsung Ventures (more)

• Northern Light Group, an enterprise management platform for competitive intelligence and market research, received a $23M growth investment from LoneTree Capital (more)

• CourseKey, a student success platform purpose-built for vocational education, received a strategic investment from PSG (more)

VC

• Inari Agriculture, a seed design company, raised $144M in funding (more)

• Francis Medical, Inc., a medical device company, raised $80M in Series C equity funding (more)

• Jones, a vertical software company developing AI in insurance verification, raised $15M in Series B funding (more)

• Fazeshift, an AI agent company for accounts receivable, raised $4M in Seed funding (more)

CRYPTO

• Bitcoin slumps below $100,000 as economic data push rates higher (more)

• CFTC Chief who sought lead role for Bitcoin regulation quits (more)

• Winklevoss twins’ Gemini to pay $5 million to end CFTC case (more)

• Former FTX, Alameda staff acquires failed firm’s European entity (more)

BULLISH BITES

📈 Meta loves this AI stock [not NVDA]  *

🧨 How a Silicon Valley financial backer orchestrated a plot to take down a rising startup.

😳 Chinese VCs are now going after the personal assets of entrepreneurs whose startups go belly up.

🚘 A congestion-pricing tracker for New Yorkers.

🤖 11 futuristic reveals from CES 2025 that will change how we use technology forever.

DAILY SHARES

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