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Stocks Hit New Highs as AI Rally Rages

Episode 494 Published 1 month, 3 weeks ago
Description

MRKT Matrix - Thursday, May 14th

  • Dow surges more than 300 points to retake 50,000 level as Cisco shares jump (CNBC)
  • Cisco Stock Soars on Plan to Cut Staff in Favor of AI Spending (WSJ)
  • Dot-com-era computer stocks are one of the hottest areas of the market again (Business Insider)
  • Nvidia Gains 20% in Seven Days, Nearing $6 Trillion Market Value (Bloomberg)
  • Cerebras Shares Soar in Hotly Anticipated Year for AI Debuts (WSJ)
  • Ford Soars 25% in Two Days as AI Mania Spreads to Old Economy (Bloomberg)
  • Goldman says tech stock ‘up crash’ is sign of even more gains to come (CNBC)
  • Xi’s Threat to Trump Cements Taiwan as Top US-China Risk (Bloomberg)
  • Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed (CNBC)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

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