Meta & Microsoft Rekindle The AI Trade
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MRKT Matrix - Thursday, May 1st

• Stocks rise to kick off May as Microsoft, Meta rekindle AI trade (CNBC))

• Forget GDP. It’s the Jobs Report That Matters. (WSJ))

• Markets Set for Shock From Disappearing Chinese Goods (Bloomberg))

• Wells Fargo says S&P 500 could retest the lows (CNBC))

• Summers Says Wrong to Say Markets Tell Fed It Should Cut (Bloomberg))

• Meta Jumps on Resilient Ad Sales, Plans to Navigate Tariffs (Bloomberg))

• Microsoft Shares Surge on Strong Quarterly Cloud Growth (Bloomberg))

• GM Slashes Guidance With Up to $5 Billion Hit From Tariffs (Bloomberg))

• McDonald’s Sales Miss Highlights Rising Consumer Anxiety (Bloomberg))

• Nvidia says Anthropic is telling ‘tall tales’ in its defense of U.S. AI chip restrictions on China (CNBC))

• Tesla Board Opened Search for a CEO to Succeed Elon Musk (WSJ))

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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