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Podcast: MRKT Matrix
Episode: Meta & Microsoft Rekindle The AI Trade
Description: 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 Anxi...