⁠Wall St Engine
Per Reuters, Business Insider is laying off 21% of its workforce. In a memo, CEO Barbara Peng said the company is moving away from “traffic-sensitive businesses” amid ongoing volatility in content distribution.

Insider will exit most of its commerce division and invest in a new live journalism events business, BI Live. Peng noted 70% of the business is still tied to traffic, so the company is resizing to better absorb external shocks.
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⁠Wall St Engine
NVIDIA $NVDA CEO HUANG ADOPTS TRADING PLAN TO SELL UP TO 6M SHARES WORTH $850M
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⁠Wall St Engine
U.S PENDING HOME SALES (MOM) (APR) ACTUAL: -6.3% VS 6.1% PREVIOUS; EST -1.0%

U.S PENDING HOME SALES INDEX (APR) ACTUAL: 71.3 VS 76.5 PREVIOUS
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⁠Wall St Engine
At the Bernstein Conference, Boeing $BA CEO Kelly Ortberg said Chinese airlines will begin taking new aircraft deliveries starting in June. He also noted they're getting very close to hitting a 38-per-month production rate on the 737 MAX.
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⁠Wall St Engine
BOEING $BA CEO SAYS THE COMPANY WANTS TO HIT 47/MONTH MAX PRODUCTION RATE BY YEAR END.
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⁠Investing visuals
$NVDA's data center revenue went from $0.3B in 2015 to $131B today.

The stock is up +28,500% over that same period. https://t.co/umA7jgpH3W
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⁠Quiver Quantitative
JUST IN: Marjorie Taylor Greene has said that the House will vote on a bill which would defund NPR and PBS
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⁠Wall St Engine
FED'S GOOLSBEE AT POLICY CONFERENCE: IF TARIFFS ARE AVOIDED BY A DEAL OR OTHERWISE, COULD RETURN TO A SITUATION WHERE RATES CAN COME DOWN
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⁠Wall St Engine
FED GOOLSBEE: SOMETIMES CENTRAL BANK HAS TO DO WHAT POLITICAL APPARATUS DOESN'T ENJOY
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⁠Wall St Engine
Fed's Goolsbee: This is a stagflationary direction, but it's not stagflation; Stagflation is the toughest scenario for a central bank. That's not what we are facing now.
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⁠Wall St Engine
Southwest Airlines $LUV CEO Robert Jordan: Seeing Stability In Demand In Last Few Weeks; Business bookings are holding up well.
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⁠Wall St Engine
HARVARD CASE JUDGE TO EXPAND BLOCK OF TRUMP FOREIGN STUDENT BAN
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⁠Quiver Quantitative
RT @Chrisjjosephs: Big News Alert 😱🤤📈💸💰🫨🥶

Autopilot officially passed $750,000,000 AUM making us one of the fastest-growing RIAs in America

- $400M literally autopiloting Nancy Pelosi
- 60+ live portfolios
- 150K happy investors

Here's us on Fox News forgetting English while sharing it https://t.co/m5kPqhKWTY
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⁠Wall St Engine
$CVS is closing 271 more stores in 2025 as part of its restructuring plan, after already shutting around 900 locations since 2022. The company says the move will help it streamline operations and adjust to changing consumer patterns, not a response to industry pressure. Even after the cuts, 85% of Americans will still live within 10 miles of a CVS, per Newsweek.
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⁠Wall St Engine
DeepSeek just rolled out an upgraded version of its R1 AI model, saying it now reasons better and hallucinates less.

The company claims the update improves math, coding, and logical thinking, bringing it closer in performance to OpenAI’s o3 and Google’s Gemini 2.5 Pro. The original R1 shook up the AI world back in January, and the new version, DeepSeek-R1-0528, keeps the momentum going. Announcement came just before Nvidia's latest earnings — a reminder of how quickly China’s AI competition is evolving.
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⁠Wall St Engine
US SAYS IT MAY ASK SUPREME COURT FRIDAY TO KEEP TARIFFS INTACT
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⁠The All-In Podcast
🚨🌴 LIVE from miami: former f1 champion nico rosberg!

@NicoRosberg joins the besties to break down the booming business of f1 and his new career as a vc!

(0:00) the besties welcome nico rosberg!

(0:27) nico's history with f1, what makes a great driver

(6:24) the business of f1

(10:05) teammate rivalries, why "drive to survive" works, future growth

(16:48) post-f1 career, best angel investments, becoming a vc

(22:16) partner shoutouts: thanks to okx, circle, polymarket, solana, bvnk, and google cloud!
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