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Weekly stock market recap 📈 • S&P 500: +2.44% • Nasdaq: +5.40% • Dow Jones: +0.52% Best performing sector: Technology Worst performing sector: Energy Top headlines of the week: Jobs growth surges past forecasts: The U.S. added 115K jobs in April, down from 185K in March but far surpassing expectations of 55K. Unemployment held steady at 4.3% and wage growth cooled, while job losses for February grew to -156K. GameStop pitches eBay takeover: $GME (GameStop Corp.) offered $56 billion to acquire $EBAY (eBay Inc.) at $125 per share, a ~20% premium, with financing including up to $20 billion in debt and a mix of cash and stock. Abel hosts first Berkshire meeting: Greg Abel led his first annual meeting as CEO of Berkshire Hathaway, reaffirming the legacy of Warren Buffett and highlighting strong earnings and a record cash position. Shareholders expect the company’s culture and long-term strategy to endure despite a less charismatic presence. AMD earnings: $AMD (Advanced Micro Devices Inc.) topped forecasts with $1.37 in EPS on $10.25B in revenue and raised its revenue forecast for Q2, sending shares rallying 20%. In April, AMD shares saw their best month since the early 2000s. Oil drops below $100: Brent crude fell below $100 a barrel as traders weighed possible progress in U.S.-Iran negotiations. Alberta separatists push referendum: Alberta separatists submitted nearly 302K signatures to trigger a referendum on leaving Canada, far above the required threshold. A vote could occur as early as October. Ted Turner dies: Ted Turner, founder of CNN and a pioneer of modern cable television, has died at 87. Turner built Turner Broadcasting into a media powerhouse before selling it to Time Warner in 1995 and later became a major philanthropist and conservationist.

Market Bullets 📊 Blockbuster week ahead: Global markets face a pivotal week with Fed and G7 central bank meetings alongside earnings from $AAPL (Apple Inc.), $MSFT (Microsoft Corp.), $GOOGL (Alphabet Inc.), $AMZN (Amazon Inc.), and $META (Meta Platforms Inc.). Over 1/3 of the S&P 500 reports this week. Musk sues OpenAI CEO: Elon Musk is beginning a trial against OpenAI CEO Sam Altman over the company's shift to a for-profit structure, seeking to unwind the change and return billions to the nonprofit. Meta eyes space solar power: To support its AI data centers, $META (Meta Platforms Inc.) has agreed to source up to 1 gigawatt of space-based solar power from Overview Energy. The technology remains in development, with potential commercial delivery by 2030. Google plans Korean AI campus: $GOOGL (Alphabet Inc.) will build its first AI campus in Seoul under an agreement with South Korea, with plans to deploy engineers, support startups, and expand partnerships with firms like Samsung and Hyundai. Fed likely to hold rates: The Federal Reserve is expected to keep rates at 3.50%–3.75% this week as officials assess inflation risks from higher energy prices. Policymakers may signal potential future hikes and Jerome Powell could be nearing his final meeting as chair.

Weekly stock market recap 📈 • S&P 500: +0.73% • Nasdaq: +2.42% • Dow Jones: -0.30% Best performing sector: Technology Worst performing sector: Healthcare Top headlines of the week: Tim Cook steps down at Apple: Tim Cook will step down as CEO of $AAPL (Apple Inc.) in September, transitioning into a role as executive chairman. Cook’s 15-year tenure saw Apple grow into a ~$4T company with expanded services and global supply chains. Longtime hardware leader John Ternus will take over. SpaceX-Cursor deal & project warning: SpaceX secured an option to acquire AI startup Cursor for $60 billion, aiming to combine Cursor’s coding tools with SpaceX’s AI infrastructure. SpaceX also warned in an IPO filing that space-based AI data centers and interplanetary projects may not be commercially viable. Google unveils new AI chips: $GOOGL (Alphabet Inc.) introduced new AI chips that separate training and inference tasks, aiming to improve efficiency and compete more directly with $NVDA (Nvidia Corp.). Intel rallies on earnings: $INTC (Intel Corp.) vaulted 26% premarket after reporting $13.6B in revenue — up 7% YoY — and raising guidance. The company's fortunes have been driven by strong data-center CPU demand from AI agents. Israel-Lebanon truce extended: The U.S. announced that the Israel-Lebanon ceasefire will be extended by 3 weeks amid ongoing tensions in the region.

Market Bullets 📊 TSMC revenue jumps on AI: $TSM (Taiwan Semiconductor Mfg.) posted a 35% Q1 revenue surge, beating forecasts, amid strong AI chip demand from clients like $NVDA (Nvidia Corp.). Inflation heats up again: U.S. inflation rose to 3.3% in March, the highest in 2 years, as energy costs surge. This figure matched forecasts, though core inflation came in slightly cooler than expected at 2.6% vs. 2.7% forecast. GDP slows sharply: The U.S. economy grew just 0.5% in Q4, revised down from 0.7%, as a government shutdown cut spending and consumer demand weakened. DOJ probes NFL: The Justice Department is investigating the NFL over potential anticompetitive media-rights tactics as rising costs and fragmented streaming deals increase consumer prices. Xi courts Taiwanese opposition: China’s president, Xi Jinping, met Taiwan’s pro-China opposition leader amid an effort to advance unification efforts and weaken U.S. influence.

@Futurenvesting Would love to see a video on $XTRAF! Very interesting technology

$NBIS is up +60% YTD.

Market Bullets 📊 Oil falls on ceasefire deal: Oil prices fell, with WTI falling over 16% to below $95, after the U.S. and Iran agreed to a two-week ceasefire and partial reopening of the Strait of Hormuz. However, lasting geopolitical risks may keep market prices elevated. Delta cuts growth amid fuel spike: $DAL (Delta Air Lines Inc.) is reducing capacity growth as fuel costs jump $2B, though Q1 earnings beat estimates and its refinery is expected to add a $300M boost, highlighting cost pressures but operational resilience. Blue Owl outlook cut to negative: $OWL (Blue Owl Capital Inc.) faces a Moody’s outlook downgrade as heavy redemptions hit its $36B credit fund, signaling broader stress in private credit with ~$13B in investor withdrawals and slowing inflows. Anthropic expands AI security testing: Anthropic is giving $AMZN (Amazon Inc.), $AAPL (Apple Inc.), $MSFT (Microsoft Corp.), and $CSCO (Cisco Systems Inc.) access to its unreleased Mythos model to identify cyber risks, aiming to strengthen safeguards before any broader launch. Levi Strauss boosts DTC growth: $LEVI (Levi Strauss & Co.) reported 14% revenue growth and raised its guidance as direct-to-consumer sales exceed 50% of revenue, improving margins despite reliance on price increases and potential consumer slowdown risks. Samsung block trade planned: A Samsung Electronics shareholder is seeking to sell up to $2.1B in shares via a discounted block trade, adding potential near-term stock pressure.

Weekly stock market recap 📈 • S&P 500: +2.52% • Nasdaq: +3.14% • Dow Jones: +2.15% Best performing sector: Materials Worst performing sector: Energy Top headlines of the week: Gas tops $4: U.S. gasoline prices have surpassed $4 per gallon for the first time since 2022, rising 35% since February as Middle East supply disruptions continue. Unilever closes in on McCormick tie-up: $UL (Unilever PLC) is nearing a cash-and-stock deal to combine its food unit with $MKC (McCormick & Co.), which would create a $60B food giant. Lilly buys Centessa: $LLY (Eli Lilly & Co.) agreed to acquire $CNTA (Centessa Pharmaceuticals PLC) for $6.3B upfront, with up to $1.5B more tied to drug approvals, as it expands into narcolepsy meds. Nike warns on sales outlook: $NKE (Nike Inc.) forecast low-single-digit sales declines through 2026, citing weak Chinese demand and turnaround challenges.

Weekly stock market recap 📈 • S&P 500: -0.49% • Nasdaq: +0.11% • Dow Jones: -0.96% Best performing sector: Utilities Worst performing sector: Financials Top headlines of the week: Nvidia earnings: $NVDA (Nvidia Corp.) reported fiscal Q4 revenue up 73% to $68.1B and profit nearly doubling to $43B, topping forecasts and indicating strong AI demand. Trump touts a disputed recovery: President Trump used his State of the Union to declare a historic economic turnaround, highlighting a higher stock market, tax cuts, and tariffs as major achievements. However, voters have soured on his handling of inflation and cost-of-living concerns. Netflix exits Warner bid: $NFLX (Netflix Inc.) dropped its $82.7B bid for $WBD (Warner Bros. Discovery Inc.), saying it would not match $PSKY (Paramount Skydance Corp.)'s $111B offer. Cartel leader killed in Mexico: Mexico’s military killed cartel leader Nemesio “El Mencho” Oseguera Cervantes, sparking widespread violence, arson, and road blockades across multiple states. The unrest disrupted travel and public services, prompted U.S. shelter-in-place warnings, and raised concerns about a potential succession fight that could fuel further cartel violence. AMD lands $60B Meta AI chip deal: $AMD (Advanced Micro Devices Inc.) agreed to supply up to $60B in AI chips to $META (Meta Platforms Inc.) over 5 years, including MI450 GPUs and custom CPUs, with Meta receiving warrants tied to performance targets and an option to buy up to 10% of AMD.

$NVO FWD PE: 11 Net Margin: 33% Gross Margin: 80% Earnings $15.5B a year and they have the Wegovy pill Yeah, I think it will be fine.

Weekly stock market recap 📈 • S&P 500: +1.33% • Nasdaq: +1.67% • Dow Jones: +0.11% Best performing sector: Industrials Worst performing sector: Consumer Staples Top headlines of the week: SCOTUS rules Trump tariffs illegal: In a major ruling on Friday, the Supreme Court struck down the sweeping tariffs that President Trump had imposed through a series of executive orders. Blue Owl asset sale rattles private credit: $OWL (Blue Owl Capital Inc.) fell 6% yesterday after selling $1.4B of loans to meet redemptions. The move sparked a broader selloff, with both $APO (Apollo Global Management) and $BX (Blackstone Inc.) dropping 5%, amid concerns that retail investors may pull back from illiquid private-credit funds. Q4 GDP misses: The economy grew at a 1.4% annualized rate in Q4, well below the 2.5% forecast. The core PCE price index gained 3% in December, matching expectations, while headline PCE rose more than expected at 2.9%. Andrew, ex-prince of Britain, arrested: U.K. police arrested Andrew Mountbatten-Windsor — who formerly held the title of prince and had known connections to Jeffrey Epstein — on suspicion of misconduct in public office. WBD reopens talks with Paramount: $WBD (Warner Bros. Discovery Inc.) received a 7-day waiver from $NFLX (Netflix Inc.) to resume deal talks with $PSKY (Paramount Skydance Corp.), which has indicated it may raise its $30-per-share hostile bid as WBD weighs options.

Market Bullets 📊 Inflation cools more than expected: U.S. consumer prices rose 2.4% YoY in January, below both December's 2.7% and forecasts of 2.5%. Core inflation fell to 2.5%, matching expectations. Apple drops on scrutiny, delays: $AAPL (Apple Inc.) fell 5% in its worst day since April 2025, after reports that its AI-powered Siri update may be delayed and that the FTC pressed CEO Tim Cook to review Apple News policies. Home sales slump 8%: U.S. existing home sales fell 8.4% in January to a 3.91M annual rate, the weakest since Dec. 2023, as high prices and limited supply weigh on demand. Median prices hit a record $396,800 for January, signaling persistent affordability pressure. Applied Materials surges on AI outlook: $AMAT (Applied Materials Inc.) jumped 11% premarket after forecasting Q2 revenue of about $7.65B and EPS of $2.64, both above estimates, as it cited strong AI-driven demand for chipmaking tools. Pinterest tanks on earnings: $PINS (Pinterest Inc.) plummeted 22% premarket after missing Q4 EPS estimates and guiding Q1 revenue below forecasts, citing tariff-driven ad pullbacks by major retailers, though monthly active users rose 12% to a record 619M.

Weekly stock market recap 📈 • S&P 500: +0.20% • Nasdaq: -0.22% • Dow Jones: -0.59% Best performing sector: Energy Worst performing sector: Materials Top headlines of the week: Medicare rate news hits insurers: $UNH (UnitedHealth Group Inc.) shares fell as much as 19% after a proposed 0.09% Medicare Advantage rate hike for 2027 missed expectations, dragging down $HUM (Humana Inc.) and $CVS (CVS Health Corp.) as well. The outlook pressures margins for providers. India and EU strike major trade deal: India and the EU announced a landmark free-trade agreement, cutting tariffs and expanding market access across goods and services, after nearly 20 years of talks. The pact deepens economic ties as both face rising geopolitical and trade pressures from the U.S. Fed holds rates steady: The Federal Reserve voted to maintain interest rates for the first time since July, keeping them at 3.5-3.75%. Chair Jerome Powell defended central bank independence amid political pressure and a DOJ probe. Microsoft stumbles: $MSFT (Microsoft Corp.) posted $38.5B in quarterly profit, up 60% YoY, as revenue rose 17% to $81.3B. Gains were driven by strong cloud and AI demand. Still, shares fell 11% as investors reacted to $37.5B in capital spending. Apple beats on iPhone surge: $AAPL (Apple Inc.) reported a 16% jump in revenue and 23% iPhone sales growth in Q1, driven by strong demand in China. EPS hit $2.84, topping estimates, and Apple expects up to 16% revenue growth next quarter. Wholesale inflation tops forecasts: December PPI, a measure of wholesale inflation, rose 0.5% vs. 0.2% expected. Annual core PPI reached 3.3% vs. a forecast of 2.9%. The upward trend suggests persistent service cost pressures. OpenAI targets late-2026 IPO: OpenAI is planning a Q4 IPO amid rising pressure from rival Anthropic, seeking a valuation near $830B and raising over $100B pre-listing. Talks are underway with $AMZN (Amazon Inc.), which may invest up to $50B, and SoftBank.

$NVO Oral Wegovy explodes: 20,371 new prescriptions in WEEK 2 (up from 4,289 in week 1) Crushes historical launches: - Zepbound (LLY): ~10k week 2 - Wegovy injection: ~1k week 2 Steady now lads…$100 is just around the corner

Weekly stock market recap 📈 • S&P 500: +0.12% • Nasdaq: -0.26% • Dow Jones: +0.23% Best performing sector: Real Estate Worst performing sector: Comm. Services Top headlines of the week: DOJ subpoenas Jerome Powell: The DOJ has issued grand jury subpoenas to the Fed over Chair Jerome Powell's testimony regarding ongoing building renovations. Powell denounced the move as a pressure campaign and defended the central bank's independence. Inflation meets expectations: Headline inflation rose 2.7% annually in December, in line with expectations, while core inflation rose 2.6% — a notch below the forecast of 2.7%. Nvidia's Chinese tug of war: The Trump administration has let $NVDA (Nvidia Corp.) sell its H200 AI chips to China under strict conditions, but Chinese customs officials allegedly blocked imports of the chips as Beijing looks to prop up its domestic chip sector. Netflix shifts to all-cash bid: $NFLX (Netflix Inc.) is preparing to convert its $72B cash-and-stock offer for $WBD (Warner Bros. Discovery Inc.)'s studios into an all-cash deal, aiming to strengthen its position against $PSKY (Paramount Skydance Corp.)'s $77.9B hostile bid. Verizon resolves major outage: $VZ (Verizon Communications) restored service after a nationwide wireless outage on Wednesday disrupted voice and data for tens of thousands of users. The company plans to offer account credits but has not disclosed the cause. U.K. approves higher Wegovy dose: Britain’s health regulator has approved a bigger weekly dose of $NVO (Novo Nordisk)'s Wegovy for obesity, sending shares higher. U.S. and Taiwan sign chip pact: Taiwan has agreed to invest $250B in U.S. semiconductor manufacturing as part of a new trade deal with the Trump administration, which lowers tariffs on Taiwanese goods and boosts U.S. chip supply chain access.

$NVO Vice President: "We are seeing tremendous demand for the Wegovy pill." $NVO will dominate the oral weight loss drug market. They are establishing early dominance, and $LLY will have a hard time catching up this time, as $NVO has a better product.

Market Bullets 📊 Meta signs record nuclear deals: $META (Meta Platforms Inc.) has agreed to over 6 GW of nuclear power purchases for its AI data centers, becoming the top nuclear buyer among Big Tech. Partners include $VST (Vistra Corp.), $OKLO (Oklo Inc.), and TerraPower. GM takes $6B EV charge: $GM (General Motors Co.) is booking a $6B charge tied to its struggling EV business as U.S. demand slumps and federal incentives fade, prompting layoffs, factory shifts, and a pivot back to gas-powered trucks and SUVs. TSMC revenue jumps on AI demand: $TSM (Taiwan Semiconductor Manufacturing Co.) reported Q4 revenue of $33.1B, up 20.45% YoY and ahead of forecasts, driven by surging AI chip demand from customers like $NVDA (Nvidia Corp.) and $AAPL (Apple Inc.). China EV growth squeezes rivals: China’s EV and plug-in sales rose 18% in 2025 to 54% of the market, helping local brands like BYD and Geely take nearly two-thirds of total market share and pressuring foreign automakers. U.S. job growth slows in December: U.S. payrolls rose by 50,000 in December, missing the 73,000 forecast, while the unemployment rate dipped to 4.4%. Revisions cut prior months’ gains, signaling continued labor market cooling as the Fed weighs future rate cuts.

#PRESS The first GLP-1 pill for the treatment of obesity is now approved by the US Food and Drug Administration (FDA). Learn more in our company announcement here: novonordisk.com/content/nncorp…

Weekly stock market recap 📈 • S&P 500: -0.73% • Nasdaq: -0.18% • Dow Jones: -1.31% Best performing sector: Comm. Services Worst performing sector: Energy Top headlines of the week: Warner to reject Paramount bid: $WBD (Warner Bros. Discovery Inc.) is preparing to advise shareholders to reject $PSKY (Paramount Skydance Corp.)'s takeover offer in favor of its existing deal with $NFLX (Netflix Inc.), citing financing concerns and strategic preference. Additionally, Jared Kushner’s Affinity Partners has withdrawn from Paramount’s bid. Medline launches biggest 2025 IPO: $MDLN (Medline Inc.) has raised $6.26B in the year’s largest IPO, valuing the medical supplies firm at over $50B. Proceeds will reduce debt and strengthen the company's credit profile ahead of Wednesday’s Nasdaq debut. Inflation eases in November: Consumer prices rose 2.7% YoY, down from 3% in September and well below the forecast of 3.1%. Core inflation hit 2.6%, also below expectations. Micron earnings: $MU (Micron Technology Inc.) expects Q2 revenue of $18.3-$19.1B and EPS of $8.22-$8.62, far above analyst estimates. The company cites intense demand and supply shortages for AI-related memory chips. TikTok strikes U.S. ownership deal: TikTok has agreed to form a U.S. joint venture with $ORCL (Oracle Corp.), Silver Lake, and Emirati firm MGX to avoid a national ban, with ByteDance retaining a minority stake and Oracle overseeing U.S. data storage.

Market Bullets 📊 Oracle dips as Blue Owl exits deal: $ORCL (Oracle Corp.) fell after $OWL (Blue Owl Capital Inc.) withdrew from funding a $10B data center for OpenAI, citing debt concerns. Oracle says the project remains on track with a different equity partner. Inflation eases in November: Consumer prices rose 2.7% YoY, down from 3% in September and well below the forecast of 3.1%. Core inflation hit 2.6%, also below expectations. Micron earnings: $MU (Micron Technology Inc.) expects Q2 revenue of $18.3-$19.1B and EPS of $8.22-$8.62, far above analyst estimates. The company cites intense demand and supply shortages for AI-related memory chips. Trump Media to merge with energy firm: $DJT (Trump Media Corp.) will merge with Google-backed TAE Technologies in a $6B, all-stock deal to build fusion power plants supporting AI energy demands. Jobless claims: Seasonally adjusted initial jobless claims totaled 224,000 for the week ending Dec. 13, down 13,000 WoW. The 4-week moving average was 217,500, up 500 WoW. Chile elects far-right president: José Antonio Kast won Chile’s presidency with over 58% of the vote, marking the country's sharpest political shift rightward since 1990. His agenda is largely opposed to market regulations and immigration.

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