Stocks Pullback As Yields Spike

MRKT Matrix - Friday, May 15th S&P 500 and Nasdaq fall, strained by tech pullback and yields spike (CNBC) Bond Futures at Risk From Rapid Hedging Overhaul as Yields Climb (Bloomberg) Traders now see next Fed interest rate move as a hike following inflation surge (CNBC) S&P 500 Reporting Highest Revenue Growth Since 2022 (FactSet) Nvidia’s Future in China Remains Unclear After Trump-Xi Summit (NYT) Anthropic Calls for Tighter U.S. Chip Restrictions on China (The Information) OpenAI May Raise More Money as Compute Crunch Deepens, CFO Says (Bloomberg) Is an AI spending plateau on the horizon? (FT) Kushner’s Thrive Capital Invests $100 Million in Shopify (Bloomberg) --- 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