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US JOBLESS CLAIMS 227,000 IN MAY 17 WEEK; EST. 230K
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THE U.S. GOVERNMENT WILL STOP PUTTING NEW PENNIES INTO CIRCULATION BY EARLY NEXT YEAR- WSJ
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Affirm $AFRM is expanding its exclusive partnership with KAYAK into Canada, just in time for peak summer travel. Canadian users can now split the cost of flights, hotels, and rentals into monthly payments through Affirm on ca. KAYAK .com. No hidden fees, just flexible travel payments.
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S&P 500 Opening Bell Heatmap (May 22, 2025)

$SPY flat
$QQQ +0.19% 🟩
$DJI -0.19% 🟥
$IWM -0.42% 🟥
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S&P Global PMI Flash:

Composite PMI: 52.1 (vs. 50.3 forecast, 50.6 prior)

Manufacturing PMI: 52.3 (vs. 49.9 forecast, 50.2 prior)

Services PMI: 52.3 (vs. 51.0 forecast, 50.8 prior)
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Kraken's bringing tokenized U.S. stocks like $AAPL, $TSLA, and $NVDA to global users—launching soon in Europe, LatAm, Asia, and Africa. These “xStocks” will trade 24/7 on Solana, backed 1:1 by real shares. Not for U.S. users. Over 50 names coming, incl. SPY & GLD.
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SOUTH KOREA’S FAIR TRADE COMMISSION is now investigating Coupang’s $CPNG WOW MEMBERSHIP for possible abuse of market dominance, per ChosunBiz. The probe focuses on bundling Rocket Delivery, OTT, and Eats under one subscription. The FTC is looking at whether this stifles competition.
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Investing visuals
$AMD business breakdown 👇 https://t.co/Zj3COERein
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Analyst Ming-Chi Kuo says OpenAI’s first device, designed by Jony Ive, is a screenless, neck-worn AI gadget focused on environmental awareness — kind of like a minimalist iPod Shuffle with cameras and mics. Production might start in 2027, likely in Vietnam.
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OPENAI, $NVDA, $ORCL, SOFTBANK & CISCO TEAM UP ON 'STARGATE UAE'

A 1GW AI compute cluster is coming to Abu Dhabi, led by OpenAI and Oracle with support from NVIDIA’s Grace Blackwell chips and Cisco. First 200MW goes live in 2026. Whole 5GW campus will run on nuclear, solar, and gas.
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At the 18th Annual Global Transportation & Industrials Conference, Southwest $LUV said 1Q unit revenues came in about 3 points below plan, and 2Q is tracking roughly 6 points under. So far, they’re not seeing any clear rebound in industry-wide demand.
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TRUMP AIDE WITKOFF TO TRAVEL TO ROME ON FRIDAY FOR IRAN TALKS -SOURCE
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Intel $INTC launched its new Xeon 6 processors today, and one of them is already powering $NVDA's DGX B300 as the host CPU. The chip was built to help boost GPU performance on heavy AI workloads, and it’s now part of the Blackwell Ultra-based DGX B300 system.
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JPMORGAN TO LEND MORE THAN $7 BILLION FOR OPENAI DATA CENTER - INFORMATION
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Dimitry Nakhla | Babylon Capital®
General Electric $GE, founded in 1892 by Thomas Edison, was once the king of conglomerates—jet engines, light bulbs, healthcare, finance

A $600B giant in 2000, it defined American industry

Missteps led to its EPIC transformation, now +39% YTD 📈

Let’s dive into $GE’s story🧵 https://t.co/plKd06DzSE
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