⁠Wall St Engine
WASHINGTON FEDERAL JUDGE PAUSES TARIFF ORDER FOR 14 DAYS
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⁠Wall St Engine
Nike’s $NKE longtime design and innovation chief John Hoke is set to retire after more than 30 years at the company, per Bloomberg. Hoke, who joined Nike in 1992 and now serves as Chief Innovation Officer, will remain on board through October.
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⁠Wall St Engine
The Fed says Chair Jerome Powell met with President Trump today at the White House. According to the statement, Powell did not discuss expectations for monetary policy, and emphasized that the path forward will depend entirely on incoming economic data. https://t.co/034OOzCl9Q
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⁠Quiver Quantitative
JUST IN: Representative Greg Steube has introduced a bill to rename the Washington Metro to the "Trump Train"
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⁠Wall St Engine
U.S. 7-YEAR NOTE AUCTION: High yield came in at 4.194%, better than the 4.216% when-issued level. Bid-to-cover improved to 2.69 vs 2.55 prior. Indirects took a hefty 71.5% (vs 59.3%), while directs dipped to 23.6%.
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⁠Wall St Engine
DISNEY+ $DIS is rolling out expanded perks for U.S. subscribers starting today, including access to movie premieres like Freakier Friday, Disney cruise sweepstakes, game freebies, and $10 credits at Disney Pinnacle.

Disney+ had 126M subs at the end of March, with churn down to 3% in April.
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⁠Wall St Engine
GOOLSBEE: THIS COURT RULING MAY EXTEND OUT UNCERTAINTY; ADMINISTRATION COULD USE OTHER JUSTIFICATIONS TO IMPOSE TARIFFS
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⁠Wall St Engine
$SMR WINS US APPROVAL FOR SMALL NUCLEAR REACTOR DESIGN; US NUCLEAR REGULATORY COMMISSION APPROVS 77MW NUSCALE REACTOR
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⁠Wall St Engine
SYNOPSYS $SNPS SUSPENDS 3Q, FY GUIDANCE ON CHINA EXPORT RESTRICTIONS
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⁠Wall St Engine
AMAZON $AMZN forms new “ZeroOne” team led by Xbox co-founder J Allard to develop breakthrough consumer tech. Based in Seattle, SF, and Sunnyvale, the team is focused on smart-home and early-stage products. Comes as Amazon trims other device roles.
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⁠Wall St Engine
WHITE HOUSE LEAVITT: LAST NIGHT THE TRUMP ADMINISTRATION FACED ANOTHER EXAMPLE OF JUDICIAL OVERREACH
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⁠Wall St Engine
WHITE HOUSE SAYS COURTS SHOULD HAVE NO ROLE IN TARIFFS; US FILED EMERGENCY MOTION FOR STAY; SUPREME COURT MUST PUT AN END TO THIS
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⁠Wall St Engine
WHITE HOUSE: THERE WILL BE NO INCREASE TO THE DEFICIT FROM THE TAX BILL
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⁠Wall St Engine
WH LEAVITT: OTHER COUNTRIES WILL CONTINUE TRADE NEGOTIATIONS BECAUSE PRESIDENT HAS OTHER TARIFF AUTHORITIES
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⁠Wall St Engine
GERMANY PLANS 10% DIGITAL TAX ON TECH GIANTS LIKE GOOGLE & $META https://t.co/PFWXZit12b
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⁠Wall St Engine
WHITE HOUSE SAYS BESSENT, GREER HAVE BEEN IN TOUCH WITH COUNTERPARTS ON TARIFFS AFTER COURT RULING
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