⁠Wall St Engine
Elon whispering at the end of the presser—classic.
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⁠Wall St Engine
CALIFORNIA LAUNCHES PROBE INTO PARAMOUNT $PARA, TRUMP CAMPAIGN DEAL — Semafor reports the state is investigating a $15M settlement offer made by the network to Trump’s 2024 campaign over a CBS lawsuit tied to an edited Kamala Harris interview.
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⁠App Economy Insights
$CHYM Chime was valued at $25B in 2021.

Now they're discussing an $11B IPO with bankers, according to The Information. 👀
https://t.co/QqoJgVQHhC
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⁠The All-In Podcast
join your besties at the world's greatest conference,

yada, yada, yada...

we're spending a couple million on the parties,

blah, blah, blah... https://t.co/KIGs0jygZv
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⁠Wall St Engine
If my account @wallstengine helped you this week—as a trader, investor, or just someone who loves following the markets—drop a like, leave a comment, and share the account!
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⁠Wall St Engine
WSJ reports China is stalling on promised rare-earth export approvals, jeopardizing a Geneva deal that paused tariffs. The U.S. says China broke its word; Beijing says new U.S. chip sanctions triggered the slowdown. Trump says he’ll call Xi to “work it out.”

$USAR $MP https://t.co/ntxwao2tkO
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⁠Wall St Engine
ELON MUSK LOBBIES CONGRESS TO CLEAR THE WAY FOR SELF-DRIVING CARS — Bloomberg says Musk and his team are calling lawmakers to push for AV legislation ahead of Tesla’s June 12 robotaxi launch in Austin. The current cap of 2,500 steering-wheel-free vehicles is a bottleneck. Musk wants national rules to replace the state-by-state patchwork. A revised bill could hit Congress before the July 4 recess.
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⁠Wall St Engine
THE STOCKS JUST HAD THEIR BEST MAY IN MORE THAN 20 YEARS.

$SPY +6.30%
$QQQ +9.18%
$DJI +3.94%
$IWM +5.26%

Here's a final monthly heatmap of S&P 500 https://t.co/58Gnhk9Zgk
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⁠Wall St Engine
THE STOCKS JUST HAD THEIR BEST MAY IN MORE THAN 20 YEARS.

$SPY +6.30%
$QQQ +9.18%
$DJI +3.94%
$IWM +5.26%

Here's a final monthly heatmap of S&P 500 https://t.co/ac8RCxGYt3
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⁠Wall St Engine
STOCKS POST BEST MAY SINCE 1990, BIGGEST MONTHLY GAIN SINCE NOV 2023

$SPY +6.30%
$QQQ +9.18%
$DJI +3.94%
$IWM +5.26%

Final S&P 500 monthly heatmap: https://t.co/f9jQuC712a
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⁠Wall St Engine
$HIMS & HERS IS CUTTING 4% OF STAFF -BBG
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⁠Wall St Engine
Starting next week, tariffs on steel imports to the U.S. will jump from 25% to 50%, per the White House. https://t.co/Vw2gCa0KV9
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