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FED SAID TO SHRINK WORKFORCE ABOUT 10% OVER NEXT SEVERAL YEARS; FED TO OFFER DEFERRED RESIGNATION TO SOME WORKERS
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Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: @KobeissiLetter $UNH could have potentially already bottomed at $250 (assuming the recent allegations prove false)

@meeijer I am not buying $UNH however, in a conversation with one of my friends last night I did mention that $UNH becomes an interesting trade if it gets to $250

$UNH bounced +5% off the $250 level as I suggested 👍🏽

At some point I may consider it, yet $TMO & $NVO > $UNH https://t.co/VyDXIc1g9u
- Dimitry Nakhla | Babylon Capital®
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Eligible $LYFT drivers can now get $1,000 in Tesla Credits when purchasing a new Tesla, plus another $1,000 from Lyft after completing 100 trips by July 13, 2025. Credits can be used for Supercharging, vehicle upgrades, service, and more. https://t.co/TwrsNFLB5y
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FDA CLEARS FIRST BLOOD TEST FOR ALZHEIMER’S

The Lumipulse G pTau217/β-Amyloid 1-42 Plasma Ratio is the first blood test cleared in the U.S. to help diagnose Alzheimer’s—offering a less invasive, more accessible option than PET scans or spinal taps.
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UBS MULLS COMPENSATING CLIENTS FOR FX DERIVATIVES LOSSES: RTRS
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RT @wallstengine: If you’ve been enjoying my free posts here on X, you’ll definitely want to check out my free weekly newsletter that I send every Sunday Morning.

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$QQQ top performers in 2025. https://t.co/r7gvf8KjzK
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US AND EU BREAK IMPASSE TO ENABLE TARIFF TALKS - FT

The U.S. and European Union have finally made some headway in trade talks, moving past a long-standing deadlock that had left the EU sidelined in negotiations with Donald Trump’s administration.

According to four sources close to the situation and an EU briefing note reviewed by the Financial Times, the two sides recently exchanged negotiating documents for the first time. These outline key areas for discussion, including tariffs, digital trade, and investment opportunities.
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$NVDA, $CSCO, OPENAI BACK UAE STARGATE AI CENTER - CNBC

Nvidia, Cisco, and OpenAI are throwing support behind the new "UAE Stargate" data center project just announced by the Trump administration. The center will be built in Abu Dhabi by Emirati firm G42, with Nvidia set to provide its latest Blackwell GB300 systems.
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Wall St Engine
SUPREME COURT BLOCKS TRUMP’S DEPORTATIONS OF VENEZUELANS
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S&P 500 Closing Bell Heatmap (May 16, 2025)

$SPY +0.64% 🟩
$QQQ +0.44% 🟩
$DJI +0.78% 🟩
$IWM +0.84% 🟩

S&P 500 Opening Bell Heatmap (May 16, 2025)

$SPY +0.10% 🟩
$QQQ +0.16% 🟩
$DJI +0.05% 🟩
$IWM +0.03% 🟩
- Wall St Engine
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THE INDEXES JUST POSTED THEIR 2ND BEST WEEK OF THE YEAR

$SPY +5.31%
$QQQ +6.88%
$DJI +3.41%
$IWM +4.54%

Here's a final weekly heatmap of S&P 500
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Wall St Engine
MOODY’S DOWNGRADES U.S. CREDIT RATING TO Aa1 FROM Aaa

Moody’s just cut the U.S. 🇺🇸 credit rating, citing rising debt and weaker fiscal outlook. They now expect the federal debt burden to hit around 134% of GDP by 2035, up from 98% in 2024. While they still see strong economic fundamentals, they say that’s no longer enough to fully offset the decline in fiscal health. Long-term growth isn’t expected to take a major hit from tariffs.
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