Moby 🐳

The quantum computing sector is running. Nine firms got a nice boost on Thursday after the Trump Administration announced $2 billion in grants, reports WSJ. $IBM $QBTS $RGTI

Nvidia reported first-quarter earnings on Wednesday that topped Wall Street expectations, with revenue jumping 85% from a year earlier to $81.6B. $NVDA

Microsoft $MSFT is still the worst-performing Magnificent Seven stock of 2026, down nearly 12% year-to-date. Meanwhile, Alphabet $GOOG has surged nearly 27%, leading the group alongside Nvidia $NVDA and Amazon $AMZN.

🔴 Consumer prices rose 3.8% over the past year, the fastest pace since May 2023 📉 Meanwhile, real wages fell 0.5% on the month. Prices went up, but paychecks went down.⁠

Moderna stock jumped another 5% early Monday, extending its 12% rally from Friday on reports that the company is researching a Hantavirus vaccine. $MRNA

Nvidia is partnering with Corning on three new optical manufacturing facilities in North Carolina and Texas, a multiyear deal that will 10x Corning's U.S. optical capacity and create at least 3,000 jobs. ⁠ ⁠ $GLW jumped 14%, $NVDA added roughly 4%.⁠

Intel hit a new all-time high on Friday after delivering an earnings beat. $INTC is now above the dot-com era peak for the first time since 2000.

Avis Budget Group’s stock has rocketed more than 550% in a month. $CAR

UnitedHealth Group stock is running on Tuesday after the health insurance giant beat Wall Street estimates for the first quarter and updated its profit forecast for this year. $UNH is up over 8% and climbing as of mid-day.

SanDisk is set to replace Atlassian on the Nasdaq-100. $SNDK is up nearly 230% this year, while $TEAM is down 60%.

Some great stuff from @srvdyak on how China's pigs are basically going on a MAHA diet to lower the Middle Kingdom's reliance on U.S. soybeans app.moby.co/home/news/news…

According to a recent poll from Pew Research, 61% of Americans disapprove of President Donald Trump's handling of the conflict in Iran. ⁠ ⁠ But views are sharply divided along party lines: 90% of Democrats and Democratic-leaning respondents disapprove, compared with 30% of Republicans and Republican-leaning respondents.

People searching for "debt help" have hit a 20-year high on Google.

According to a recent Pew Research poll, about 1-in-3 adults under the age of 30 say being extremely wealthy is “morally wrong.” ⁠ ⁠ Just 19% say it’s acceptable, and another near-50% don’t think it’s a moral issue.⁠

The Pentagon has been burning through roughly $1.2 billion a day on Operation Epic Fury, and nobody's even sent Congress the bill yet. ⁠ ⁠ That works out to about $50 a week for every American taxpayer.

In the first twelve days of the Iran war, the U.S. spent $16.5B, roughly $5B more than the TSA's entire annual operating budget. ⁠

Adobe $ADBE shares are down 6% today after CEO Shantanu Narayen announced that he is leaving the company after 18 years.

Economists expected the U.S. economy to add 59,000 jobs in February. It lost 92,000 instead. That's not a miss, it's a sign flip, and it arrived alongside a quietly revised January and a jobs market that has now declined three times in five months.⁠