MRKT Matrix - Tuesday, May 13th

S&P 500 rises, erases loss for 2025, as Nvidia leads tech shares higher (CNBC)
JPMorgan Drops US Recession Call After US-China Trade Truce (⁠⁠Bloomberg⁠⁠)
Ed Yardeni cuts recession odds and raises S&P 500 target back up to 6,500 on Trump’s tariff rollback (CNBC)
Goldman changes tack again, raises 2025 S&P 500 target to account for easier tariffs (CNBC)
UBS Wealth downgrades U.S. stocks as others on the Street raise their forecasts (CNBC)
White House announces $600 billion Saudi investment in U.S. during Trump visit (CNBC)
The US Is on Track to Lose $12 Billion in Travel Revenue in 2025 (⁠⁠Bloomberg⁠⁠)
China Removes Ban on Boeing Deliveries After US Trade Truce (Bloomberg)
Microsoft Slashing Thousands of Workers, Including Management Jobs (WSJ)
OpenAI’s shakeup plan gets SoftBank’s nod - all eyes now on Microsoft (⁠⁠⁠CNBC⁠⁠⁠)

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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

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