Stocks Rally into Nvidia Earnings

MRKT Matrix - Wednesday, May 20th Stocks rally into the close with the Dow up 600 points as oil and bond yields dive (CNBC) Fed Minutes Show More Officials Warned of Rate-Hike Scenario (Bloomberg) The AI Boom Is Making Warsh’s Bond-Market Bind Even Worse (Bloomberg) US Economy Is Now a ‘Levered Bet on AI,’ Lazard CEO Orszag Says (Bloomberg) OpenAI Is Preparing to File for an IPO Very Soon (WSJ) The impossible maths of the AI boom (FT) Nvidia’s Jensen Huang bankrolls AI boom with $90bn deal spree (FT) Meta Begins Laying Off Thousands of Employees as It Transforms Around AI (WSJ) --- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://riskreversal.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs