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Still, No sign of tariff-driven inflation in the hard data. Core CPI soft, food-at-home down 0.4%, yields lower across the curve. Traders still pricing in 2 Fed cuts for 2025 (Sept & Oct).

Polymarket odds now lean toward 50bps of cuts, by end-of the year. https://t.co/2fB2GiRGeK
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Elon Musk’s $TSLA Austin robotaxi launch is just weeks out, but as of last month, Tesla still hadn’t started testing cars without a human safety driver, per sources familiar with the program. https://t.co/CSJrZaR9AG
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AT&T $T EXEC- WE DON'T SEE ANY NEAR-TERM 2025 IMPACTS FROM TARIFFS- JPM CONF CALL
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Investing visuals
$NVDA vs $AMD: two companies powering the AI revolution. https://t.co/nTpsFc9m6w
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TRUMP SIGNS ECONOMIC PARTNERSHIP BETWEEN US, SAUDI ARABIA
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S&P 500 Opening Bell Heatmap (May 13, 2025)

$SPY +0.23% 🟩
$QQQ +0.57% 🟩
$DJI -0.36% 🟥
$IWM +0.39% 🟩 https://t.co/nPif0K8heX
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Nvidia CEO Jensen Huang, speaking in Riyadh at the Saudi-US Investment Forum, announced a deal to supply chips to Humain—Saudi Arabia’s new AI firm—for a 500MW data center buildout. The PIF-backed company plans to scale to 1.9GW by 2030 as Saudi ramps up AI & local data storage. https://t.co/6chtR1ss13
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President Trump just announced a $600B investment commitment from Saudi Arabia, per a White House fact sheet.

U.S. companies including Google, Oracle, Salesforce, AMD, and Uber are backing $80B in joint investments. https://t.co/sdazloU4YR
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SAUDI ARABIAN DATAVOLT WILL MOVE FORWARD WITH PLANNED $20 BILLION INVESTMENT IN AI DATA CENTERS, ENERGY INFRASTRUCTURE IN U.S. -WHITE HOUSE FACT SHEET
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HUMAIN (SAUDI AI VENTURE) AND NVIDIA $NVDA ANNOUNCE STRATEGIC PARTNERSHIP TO BUILD AI FACTORIES OF THE FUTURE IN SAUDI ARABIA
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Feels pretty great celebrating my birthday 🎂 right as the Nasdaq kicks off a new bull market and the S&P 500 wipes out almost all its 2025 losses.

Here’s to the birthday vibes 🥂
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TRUMP IS EXPECTED TO MEET SYRIAN PRESIDENT ON WEDNESDAY: AXIOS
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MICROSOFT $MSFT IS CUTTING 3% OF ALL WORKERS - CNBC
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Quiver Quantitative
BREAKING: Representative Bruce Westerman just filed over 100 stock trades, all sales.

He has said that he is divesting from individual stocks, after we reported on trades made by his advisor last month. https://t.co/HNGhzGJmE2
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