Episode Details

MRKT Matrix - Wednesday, May 20th

• Stocks rally into the close with the Dow up 600 points as oil and bond yields dive (CNBC)
• Fed Minutes Show More Officials Warned of Rate-Hike Scenario (Bloomberg)
• The AI Boom Is Making Warsh’s Bond-Market Bind Even Worse (Bloomberg)
• US Economy Is Now a ‘Levered Bet on AI,’ Lazard CEO Orszag Says (Bloomberg)
• OpenAI Is Preparing to File for an IPO Very Soon (WSJ)
• The impossible maths of the AI boom (FT)
• Nvidia’s Jensen Huang bankrolls AI boom with $90bn deal spree (FT)
• Meta Begins Laying Off Thousands of Employees as It Transforms Around AI (WSJ)

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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