Good morning.
The Fast Five → Trump rejects Iranian peace proposal, the $1 trillion club's new members powering the AI boom, the chip-stock juggernaut shows no signs of slowing down, US hiring beats expectations, and Alphabet poised to become world’s biggest company…
📌 Former $900 million hedge fund manager, Larry Benedict, has discovered a way to make money from gold… WITHOUT buying a single ounce. Read on to learn more…
(A message from Brownstone)
Calendar: Full Calendar »
Today:
None watched
Tomorrow:
Consumer Price Index, 8:30A
Fed Chair Vote, (tentative)
Your 5-minute briefing for Monday, May 11:
BEFORE THE OPEN
As of market close 5/8/2026. Bitcoin as of 5/10/2026.
Pre-Market:
Market Wrap:
Futures lower Dow -143, S&P -0.3%, Nasdaq -0.3%
Oil rises after Trump rejects Iran proposal
S&P and Nasdaq logged sixth straight winning week
Friday jobs beat 115K vs 55K expected
S&P and Nasdaq closed Friday at record highs
Inflation data this week could test rally strength
Earnings ahead include Cisco and Under Armour
EARNINGS
Here’s what we’re watching this week:
Today: His & Hers $HIMS ( ▼ 14.1% )
WED: Alibaba $BABA ( ▼ 1.84% ), BitGo Holdings $BTGO ( ▼ 8.33% )
Cisco Systems $CSCO ( ▲ 0.58% ) - $1.04 EPS (+8.3% YoY) on $15.6B revenue (+10% YoY)
Have You Heard of "Gold Skimming"?
It's not mining. It's not buying gold. And it's not buying gold stocks.
But this strategy has given one group of traders the chance to collect up to $42,920 from the gold markets.
A guy who's been skimming gold for years just released a free presentation explaining the whole thing.
- a sponsored message from Brownstone -
HEADLINES
Looking at the week's biggest developments for investors.
Market royalty is getting a hardware makeover.
US stock futures drop as Trump rejects Iranian peace proposal (more)
Data, Iran, US-China meeting in focus for scorching US stock market (more)
Trump official opens door to gas tax suspension (more)
China's He to hold trade talks with US delegation in South Korea (more)
US hiring beats expectations despite Iran war (more)
Aramco CEO warns of long oil market disruption as profit jumps (more)
The chip-stock juggernaut shows no signs of slowing down (more)
Michael Burry: This market feels like ‘the last months of the ‘99-2000 bubble’ (more)
AI wins have Alphabet poised to become world’s biggest company (more)
Nvidia embraces role of AI investor, pushing $40B+ in equity bets this year (more)
Armani could split 15% stake among L'Oreal, LVMH, EssilorLuxottica (more)
Dunkin' owner Inspire Brands confidentially files for US IPO (more)
Nike sued by consumers for not refunding tariff costs (more)
OpenAI trial lays bare rivalries behind start-up’s $852B rise (more)
DEALFLOW
M+A | Investments
OnlyFans sells minority stake to Architect Capital at $3.15B valuation
Anthropic signs $1.8B AI cloud deal with Akamai
VC
Kalshi, a prediction market solutions company, raised $1 Billion in Series F funding, at $22B valuation
Kids2, a platform that designs holistic solutions to help early-stage parents and families, raised $225M in Debt Funding
Nova Intelligence, an AI platform for SAP, raises $40M in Seed and Series A funding
Fazeshift, an AI-native platform deploying autonomous agents to execute accounts receivable workflows, raised $17M in Series A funding
Balcony, a company building data infrastructure for the US property market, raised $12.7M in Seed funding
Supersede, an engineered building materials company, received $5M in debt funding
Corvera, an AI-driven supply chain startup, raised $4.2M in Seed funding
CRYPTO
BULLISH BITES
💰 What is “gold skimming”? *
📊 A stock trader's guide to the high stakes Trump-Xi talks.
💐 "Momflation" is changing how we celebrate Mother's Day.
🤖 What's behind Washington's AI safety pivot.
🫣 The JPMorgan banker behind the sexual-assault suit captivating Wall Street.
DAILY SHARES
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