MRKT Matrix - Tuesday, May 13th
S&P 500 rises, erases loss for 2025, as Nvidia leads tech shares higher (CNBC)
JPMorgan Drops US Recession Call After US-China Trade Truce (Bloomberg)
Ed Yardeni cuts recession odds and raises S&P 500 target back up to 6,500 on Trump’s tariff rollback (CNBC)
Goldman changes tack again, raises 2025 S&P 500 target to account for easier tariffs (CNBC)
UBS Wealth downgrades U.S. stocks as others on the Street raise their forecasts (CNBC)
White House announces $600 billion Saudi investment in U.S. during Trump visit (CNBC)
The US Is on Track to Lose $12 Billion in Travel Revenue in 2025 (Bloomberg)
China Removes Ban on Boeing Deliveries After US Trade Truce (Bloomberg)
Microsoft Slashing Thousands of Workers, Including Management Jobs (WSJ)
OpenAI’s shakeup plan gets SoftBank’s nod - all eyes now on Microsoft (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