S&P Hits New Record as Chips Surge

MRKT Matrix - Monday, May 11th S&P 500 rises to fresh record, Micron leads Nvidia and chipmakers higher (CNBC) Trump Says He Supports Suspending the Federal Gas Tax (WSJ) Think $6 Gas Is Bad? It’s About to Get Even Worse in California (WSJ) Michael Burry Warns of Stock Crash as Tech Jump Echoes 2000 Peak (Bloomberg) AI Wins Have Alphabet Poised to Become World’s Biggest Company (Bloomberg) AI Is Distorting Practically Everything About the Economy (WSJ) A $400 AI Bet That’s Actually a High-Stakes Wager on the Future of Work (Bloomberg) AI’s Next Phase Plays Into TSMC’s Hands (WSJ) --- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://riskreversal.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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