Good morning.
The Fast Five → 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…
📌 Elon’s big June 30 announcement: Once Wall Street analysts start digging into SpaceX's supply chain, I predict this behind-the-scenes partner will be front-page news on CNBC and Bloomberg. That's why you have to position yourself before the IPO frenzy begins. Get the name of this "hidden" stock here before the June deadline »
(a message from Weiss Ratings)
Calendar: Full Calendar »
Today:
Core PCE Price Index m/m, 8:30A
Prelim GDP Price Index, 9:45A
Unemployment Claims, 8:30A
New Home Sales, 10:00A
Tomorrow:
None watched
Your 5-minute briefing for Thursday, May 28:
BEFORE THE OPEN
As of market close 5/27/2026.
Pre-Market:
Market Wrap:
Futures flat Dow +16, S&P flat, Nasdaq -0.2%
Dow hit fresh record high Wednesday, up 183 points
S&P and Nasdaq also closed at new records
Oil jumps after reports of new U.S. strikes in Iran
Investors await key PCE inflation report Thursday
Snowflake +36% after AWS deal and earnings beat
Analysts warn tech trade may be getting overstretched
EARNINGS
Here’s what we’re watching this week:
Today: American Eagle $AEO ( ▲ 2.51% ), Costco $COST ( ▲ 0.08% ), Gap $GAP ( ▲ 2.38% ), *Kolhl’s $KSS ( ▼ 2.71% )
*Dollar Tree $DLTR ( ▲ 2.32% ) - $1.56 EPS(+23.8% YoY) on $5.0B revenue (+8.7% YoY)
How to Tap Into SpaceX IPO
- without buying a single share
Would you like to know how to tap into the SpaceX IPO windfall ...
Without buying a single share?
This has nothing to do with options, ETFs, or anything like that.
Best of all, anybody can learn how to do it.
- a sponsored message from Weiss Ratings -
HEADLINES
Elon Musk has reportedly discussed merging SpaceX with Tesla, a deal that would give the world’s richest person even more control over his sprawling tech empire.
Snowflake is bolstering its investment on Amazon Web Services, including purchase of its custom Arm-based Graviton chips and graphics processing units.
Stocks close at record highs as oil prices tumble (more)
'Narrow' leadership creating more fragility in markets (more)
Fed's Cook prepared to raise rates if inflation doesn't ease (more)
Trump policies risk financial crisis, ECB warns (more)
Pentagon awards Microsoft $9.7B deal in bid to cut costs (more)
Prediction markets regulation proposal by CFTC eyed by White House (more)
Google engineer charged with insider trading on Polymarket (more)
Oil rebounds after news of US strikes on Iranian military site (more)
Gold hits two-month low as war-driven inflation fuels rate-hike bets (more)
Robinhood rises after the company allows AI agents for trading (more)
Meta to start testing AI subscription services, starting at $7.99/mo (more)
Trump Accounts app to go live Thursday (more)
- We’re on a Short Break -
Dealflow, Crypto, and Bullish sections
will resume on Monday, June 1, 2026.
DAILY SHARES
Have feedback or a suggestion?
💌 Send us a message
*sponsored message
Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team.
