Nasdaq Closes Up 8% In May

MRKT Matrix - Thursday, May 28th Stocks add to May gains Friday with tech leading the way again. The Nasdaq is up 8% for month (CNBC) Wall Street rides high into June on hopes that the war will soon come to an end. Here’s what’s ahead (CNBC) The Record Divide Between Corporate Profits and Worker Pay (WSJ) Citadel Securities Reels In Record $4.3 Billion Trading Haul (Bloomberg) Americans Are Falling Behind on Their $1.25 Trillion Credit-Card Bill (WSJ) Corporate America Is Starting to Ration AI as Cost Skyrockets (WSJ) Anthropic Co-Founders Worth $8 Billion Each After Funding Round (Bloomberg) SpaceX Hype Spurs Crypto Shadow Market for Pre-IPO Bets (Bloomberg) --- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://riskreversal.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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