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Market Briefing
May 29, 2026
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3 min read
SpaceX lowers IPO valuation target to $1.8 Trillion, Anthropic's valuation surpassed OpenAI, oil set for worst month since 2020, Costco sells 'record-breaking' amounts of gas, and Snowflake earnings boost stock to best day on record...
May 28, 2026
Elon floats SpaceX, Tesla merger, Snowflake rockets 36% on earnings beat, Robinhood rises after the company allows AI agents for trading, gold hits two-month low, and Google engineer charged with insider trading on Polymarket...
May 27, 2026
Memory chip frenzy puts Micron and SK Hynix in $1 Trillion Club, rocket and satellite stocks surge on SpaceX IPO euphoria, Goldman lifts S&P year-end target to 8,000, rideshare drivers form first US ride-share union, and Insurance mogul gets 12 years for $2 billion fraud...
May 26, 2026
The bond market sends a clear signal to the Fed, oil drops below $100 on Iran deal hopes, consumer sentiment falls as Dow hits record, China traders rush for exit after cross-border crackdown, and SpaceX and OpenAI IPOs could push the AI trade deeper into bubble territory...
May 22, 2026
Trump takes US investments into new territory, IPO, IPO, it's off to work we go, Oura files confidentially for IPO, IBM shares soar on US funding, and SpaceX IPO filing lays out Musk’s interplanetary manifesto...
May 21, 2026
SPCX: SpaceX publicly files for IPO, Nvidia beats expectations but not enough for investors, SoftBank shares soar 20%, OpenAI to file for IPO as soon as Friday, and Bezos says bottom half of earners should pay zero in income taxes...
May 20, 2026
4 min read
Nvidia is set to report earnings, bond yields near two-decade high open rift among investors, Vance defends Trump’s stock-trading spree, Bessent urges more disruption to Iran's financing, and Google unveils biggest update to Search in 25 years...
May 19, 2026
Musk loses court battle against OpenAI, Google and Blackstone create cloud company, Warsh to be sworn in as Federal Chair on Friday, White House expands TrumpRX with Mark Cuban, and SEC readies plan for trading crypto versions of stocks...
May 15, 2026
Wall Street awaits word on ‘Board of Investment’, Cerebras climbs 75% after year’s biggest IPO, US says China wants more of its oil, Xi tells US CEOs that China will open up more, and SpaceX and the coming stock tsunami...