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Monday Market Open
Dear Reader,
Welcome back. Once again you have started your week in the best way possible. By opening up your email and firing straight ALPHA to your brain. Common you DUB. Hope your weekend was the well deserved break you need.
Now take a minute to prime yourself for your week ahead.
LETS GO !
Market Indices & Commodities
| Gold | $2,524.78 | +0.36% |
| Copper | $4.28 | +0.78% |
| Silver | $29.96 | +0.19% |
| NASDAQ | $17,877.79 | +1.47% |
| S&P 500 | $5,634.61 | +1.39% |
| TSX | $23,286.08 | +1.07% |
| CSE Comp | $159.22 | +0.08% |
What happened?
The Recap of the Week
Fed says the time has come for rate cuts ✂
Microsoft plans September cybersecurity event to discuss changes after Crowdstrike outage 💡
Uber partnering with Cruise to bring Cruise autonomous vehicles to Uber 🚗
Apple planning to debut the iPhone 16 on September 9th 📱
US job growth lowered by 818,000 📉
Graph of the Day
Volatile Summer 📌
News
What on the Horizon?
Monday - Durable Goods Orders
Tuesday - Consumer Confidence, FHFA Housing Price Index, S&P Case-Shiller Home Price Index.
Wednesday - EIA Crude Oil Inventories, MBA Mortgage Applications Index.
Thursday - Advanced International Trade in Goods, Advanced Retail Inventories, Advanced Wholesale Inventories, Continuing Claims, EIA Natural Gas Inventories, GDP – Second Estimate, Initial Claims, Pending Home Sales
Friday - PCE Prices, Personal Income, Personal Spending, University of Michigan Consumer Sentiment - Final
⭐A week of mostly unimportant second-tier data nonetheless includes the US personal consumption expenditures (PCE) price index, the Federal reserve (Fed’s) preferred inflation gauge.
The Secret Sauce
Open AI 🤝 Condé Nast
If you can’t beat them, join them !
OpenAI Signs Multi-year Content Partnership with Condé Nast (a global mass media company). The deal will allow OpenAI to train its models on content from titles including Vogue, Vanity Fair and GQ. Content from these publications will also be featured within OpenAI’s products.
This deal shows the disruption AI is having on the media industry. While some publishers are suing OpenAI for using their content (New York Times), others are lining up to sign deals with the AI startup.
From the outset it could seem like Conde Nast are the scabs of the media industry siding with the enemy. However in actual fact it could just be good business.
News and digital media have faced steep challenges over the last decade as many technology companies eroded publishers' ability to monetize content, Roger Lynch, CEO of Condé Nast, said in a memo to employees.
"Our partnership with OpenAI begins to make up for some of that revenue,"
OpenAI has signed similar deals with the Time magazine, Financial Times, Business Insider-owner Axel Springer, France's Le Monde and Spain's Prisa Media over the past few months.
the company is committed to working with Condé Nast and other news publishers to "ensure that as AI plays a larger role in news discovery and delivery, it maintains accuracy, integrity and respect for quality reporting".
Look this is only going to benefit us. If SearchGpt lives up to its potential. It could be the one way place to find your info. A new google but better ! I’m all here for it. What do ye think ?
NEWS
Printers Club is LIVE
PRINTERS CLUB IS NOW LIVE
Thus far we’ve printed 152% in combined gains… and that’s just one month.
Meaning if you started with $1k and rode each call perfectly - you’d have $2.5k just like that.
We’ve surpassed 100 members in the group already so we’re raising the entry price within the next two weeks.
If you wanna start printing… hit the button below.
Thank you
That’s all Folks
Hey, thank you for checking out Monday Market Open. Push your comfort zone this week and remember there are risks in doing nothing.
Cheers,
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