Meta & Microsoft Rekindle The AI Trade

MRKT Matrix - Thursday, May 1st Stocks rise to kick off May as Microsoft, Meta rekindle AI trade (CNBC) Forget GDP. It’s the Jobs Report That Matters. (WSJ) Markets Set for Shock From Disappearing Chinese Goods (Bloomberg) Wells Fargo says S&P 500 could retest the lows (CNBC) Summers Says Wrong to Say Markets Tell Fed It Should Cut (Bloomberg) Meta Jumps on Resilient Ad Sales, Plans to Navigate Tariffs (Bloomberg) Microsoft Shares Surge on Strong Quarterly Cloud Growth (Bloomberg) GM Slashes Guidance With Up to $5 Billion Hit From Tariffs (Bloomberg) McDonald’s Sales Miss Highlights Rising Consumer Anxiety (Bloomberg) Nvidia says Anthropic is telling ‘tall tales’ in its defense of U.S. AI chip restrictions on China (CNBC) Tesla Board Opened Search for a CEO to Succeed Elon Musk (WSJ) --- Subscribe to our newsletter: ⁠https://riskreversalmedia.beehiiv.com/subscribe⁠ 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