I’m coming at ya from Jalisco, Mexico this week, so your S&I issues may be with you slightly later than usual.

• Global stock markets soared to record highs, driven by Nvidia's AI-fueled earnings surge and robust economic data.

  • Nvidia's blockbuster earnings sparked a tech rally, pushing its market cap beyond $1.9 trillion and lifting AI-related stocks worldwide.

  • Yesterday, the S&P 500 was up 2.11% for a record close of 5,087.03. DOW was up 1.18%, and NASDAQ 2.96%.

  • Nvidia's 16% gain was the largest single-session gain of market cap in history, adding $277 billion.

• Reddit announced its IPO, planning to list on the NYSE under the ticker RDDT.

  • It is offering shares directly to its power users, aiming to build bonds with its user base.

  • Reddit data will be licensed to Google for AI training at about $60 million per year.

    • Ed note: this doesn’t seem like the sort of thing people on Reddit would appreciate.

• The US jobless claims fell to their lowest in five weeks.

• Europe's Stoxx 600 index closed at an all-time high, with Rolls-Royce shares jumping 7.8% after doubling its annual profits.

• The US-made Odysseus lunar lander successfully landed on the moon, the first US spacecraft to do so in over 50 years.

The ideal diverse portfolio would have a perfect balance of winners and losers. True professionals aim for 0% ROI.

📈 Trends you need to know

Ideas, trends, and analysis

• Palo Alto and Dropbox might be undervalued after their post-earnings plunge.

• Seven tech stocks offer promising alternatives to the overvalued "Magnificent 7."

• Goldman Sachs thinks weight-loss drugs could potentially boost US GDP by 1%.

• China needs a bold move to break its stagnation.

• Bumper crops of corn are stuck wasting away in farmer's silos.

• Three hydrogen stocks that could go boom!

• Americans are still grumpy about the economy.

🌍 Global Perspectives

• 🇨🇳 China will send more pandas to U.S. zoos in a "bamboo branch" of goodwill.

• 🇪🇹 Ethiopia aims to become an African medical tourism hub with a $400 million hospital complex.

• 🇺🇦🇰🇵 75% of component debris from a North Korean missile used by Russia in Ukraine could be linked back to U.S companies.

• 🇨🇿🇸🇰 Czech and Slovak farmers blocked borders in protest against high costs and cheap imports.

• 🇨🇳 A cargo ship collision severed the Lixinsha Bridge in Guangzhou, China, killing at least five and injuring a crew member.

📊 Income

• Berkshire Hathaway has 75% of its portfolio in five sizzling dividend stocks, including Apple and Bank of America.

• Top Japanese dividend stocks.

• American Homes 4 Rent and Plymouth Industrial REIT boosted their dividends, signaling strength in the real estate sector.

📊 Crypto

• Valkyrie launched a 2x leveraged Bitcoin futures ETF for amplified exposure.

• Retail investors may have sparked February's crypto rally.

• JPMorgan noted a decline in the correlation between Bitcoin ETF price flows and Bitcoin's price.

• A judge approved FTX's plan to sell its $1B stake in AI startup Anthropic.

🧠 Errata

• A massive leak exposed China's use of private hackers for global espionage.

• NASA's Mars simulator seeks Earthlings for a year-long Red Planet experience, with no space travel required.

  • Sculpture on the moon.

• The world's oldest decimal point.

That’s all for today. Did I miss anything? Smash the reply button to let me know.

Cheers,

Wyatt