📰 Market Headlines

Markets surged for a third straight day as investors cheered strong tech earnings and signs that the White House may ease tariffs on Chinese imports.

• The S&P 500 jumped 2%, the Nasdaq scooped up 2.7%, and the Dow added 1.2%.

• Chipmakers led the rally, with Nvidia rising nearly 4%, Broadcom climbing 6%, and Microchip Technology surging 12%.

• Questions are being raised about insider trading in congress with huge trades being posted right before tariff news hits.

Following deadly Russian airstrikes on Kyiv that killed at least 12, President Trump publicly urged President Putin, "Vladimir, STOP!"

President Trump affirmed that the US is in direct talks with China over tariffs, despite Beijing’s denials.

Trump also signed an order pushing more deep-sea mineral mining in an effort to break China’s dominance in the market.

Major airlines, including Southwest and American, withdrew their 2025 guidance, citing tailspinning domestic demand.

The $Trump memecoin has surged over 70% this week over news that he would host a dinner for its top 220 holders.

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😱 Fear and Greed Index

🧠 Make yourself heard

📊 Earnings this week

• Alphabet beat Q1 earnings; shares jumped 2% ahead of the announcement.

• American Airlines posted Q1 revenue just above estimates; shares climbed 3.11%.

• Southwest Airlines announced plans to reduce capacity while still projecting modest YoY growth; shares jumped 3.68%.

• Intel delivered Q4 revenue just shy of estimates in the face of ongoing challenges; shares jumped 4.37%.

• PepsiCo missed earnings estimates after acquiring prebiotic soda brand Poppi for nearly $2 billion; shares fell 0.84%.

• T-Mobile extended its partnership with Nokia to enhance 5G network coverage; stock rose 1.09%.

Market movers

• Ford Motor announced a breakthrough in lithium manganese battery technology that could lead to more affordable EVs.

• Meta laid off an undisclosed number of employees in its Reality Labs division, affecting teams working on VR content.

• Anthropic launched a research program to study AI "model welfare," exploring whether future AI models could develop consciousness.

• ConocoPhillips confirmed workforce reductions following its acquisition of Marathon Oil. The exact number of layoffs remains undisclosed.

• Publisher Ziff Davis sued OpenAI in federal court, claiming ChatGPT relied on copyrighted content from ZDNet, PCMag, and others without authorization.

 📊 Ideas, trends, and analysis

🎤 What you said last time

“I smell blood, it'll probably not be a pretty year, but I'm increasing contributions and riding it out.”

📺 What to watch today