Hey there, Nil!
Markets are getting a taste of recovery this morning after Wednesday's bond auction indigestion, while Bitcoin continues to feast on fresh all-time highs above $111,000. With the House set to vote on Trump's tax bill and a menu of earnings reports today, let's see what's cooking in the financial kitchen! Plus, try your luck and win a $50 Amazon Gift Card! 🎁
- Dan
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- Philippines accuses China of aggressive tactics in South China Sea
- Aid trucks enter Gaza after delays as pressure mounts on Israel
- Two Israeli embassy staff were shot in Washington, D.C.
- Pakistan will not get water over which India has rights, PM Modi says
- North Korean leader Kim Jong Un condemns warship accident as "criminal"
- China calls it "ignorant" to refer to Taiwan as a country
- China and the Netherlands pledge deeper cooperation on global challenges
- Russia downs 105 Ukrainian drones, including 35 over Moscow region
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Chef's Pick: Eton Pharmaceuticals - A Specialty Recipe for Success |
Photronics is gaining from AI and advanced chip packaging trends, with high-end photomasks now 39% of IC revenue and rising margins. Analysts say the market undervalues its earnings potential, backed by a $200M expansion plan. (Price at call: $20.43, Current price: $20.01, Analyst expectation: $25) |
Eton Pharmaceuticals (NASDAQ: ETON) Eton Pharmaceuticals is cooking up an appetizing orphan drug strategy, specializing in ultra-rare disease treatments that giant pharma companies often neglect. With revenue growing from first sales in Q4 2020 to $14M in Q1 2025, management guides to peak revenue of $355M-$680M from the current portfolio. The company's focused approach with just 28 sales reps covering Pediatric and Metabolic Endocrinology allows them to acquire undervalued orphan drugs and improve them through simple enhancements like better formulations and patient access programs. (Current price: $20, Analyst expectation: $25) |
Bond Market Stabilization Strategy: Treasury yields held steady after Wednesday's weak 20-year bond auction, with 10-year yield falling 2 basis points to 4.585%. Recipe: With Swissquote Bank analyst Ipek Ozkardeskaya noting concerns about U.S. fiscal sustainability and whether global investors remain willing to finance deficits, consider positioning for potential yield volatility while monitoring today's House vote on Trump's tax bill that could add trillions in debt. Crypto Momentum Capturing: Bitcoin hit fresh all-time highs above $111,000, up 2.1% over 24 hours amid growing institutional demand. Recipe: With crypto-related ETFs leading gainers and Ether also making gains, consider exposure to the crypto ecosystem through Bitcoin ETFs or crypto-focused technology companies, but remain mindful of volatility as institutional adoption continues. Cloud Infrastructure Recovery Play: Snowflake's first $1B revenue quarter and raised guidance demonstrate cloud data demand resilience. Recipe: Focus on cloud companies with strong product revenue growth and expanding customer bases, particularly those benefiting from AI workload growth. Look for companies beating guidance and demonstrating operating leverage as they scale. Retail Sector Selective Approach: Urban Outfitters' record results contrast with broader retail concerns, showing subscription model success with 59.5% Nuuly growth. Recipe: Target retailers with diversified revenue streams, strong subscription components, and a younger demographic appeal rather than traditional brick-and-mortar plays facing ongoing headwinds from economic uncertainty. Healthcare Regulatory Navigation: UnitedHealth and peers declined after CMS announced expanded Medicare Advantage auditing. Recipe: Monitor healthcare earnings for commentary on regulatory pressures while considering that specialized areas like orphan drugs typically receive regulatory protection due to small patient populations and high unmet medical needs. |
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No More IRS? What Trump's Plan Could Do to Your Retirement |
No more IRS. No more headaches every April. No more income taxes. No more headaches every April. Sounds like a dream, right? President Trump's plan to abolish the IRS and overhaul the tax system could come with a hidden cost—one that could devastate your retirement savings if you're not prepared. You see, without the IRS, Congress would have to rewrite the entire tax code. And let's be honest: when was the last time Washington looked out for YOU? And while the wealthy and well-connected are already positioning themselves to profit from these changes… You could be left holding the bag. But here's the good news: There's a way to protect your savings—and it's perfectly legal. In fact, it's buried in the tax code itself. A little-known IRS rule (Section 408(m)) allows you to shield your retirement savings with physical gold and silver. And right now, we're giving away a FREE guide that shows you exactly how to use this strategy to bulletproof your savings against the coming changes. >>Click Here to Secure Your FREE Guide Now<< |
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Pigs Grounded, Deals Lost: Has U.S. Livestock Breeding Hit a Breaking Point?
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What happens when a $2.4 million deal vanishes overnight? Just ask Dr. Mike Lemmon. His high-end pigs, genetically refined for premium pork, were packed and ready for a flight to Hangzhou. Instead, many ended up at an Indiana slaughterhouse for under $200 each. Why? China slapped retaliatory tariffs on U.S. exports in April, abruptly canceling Lemmon's order. It wasn't just him. Breeders of sheep, goats, and even cattle semen saw deals evaporate. Millions in losses. These aren't ordinary exports. U.S. livestock genetics, prized for productivity and quality, once had a strong foothold in China, especially after African swine fever and a tainted milk crisis rocked their domestic supply. But now? The trade war may have permanently shifted loyalties to rivals like Denmark. Can this niche market recover? Not easily. "We've got brand damage," said Tony Clayton, who exports livestock globally. "I don't know how we can put this back together." Even with a tariff pause, exporters remain cautious. The planes, once packed with livestock and human attendants sleeping in cargo bays, are grounded. And the tanks of frozen semen? Still waiting. The breeding stock knows its job. The question is—can American exporters still do theirs? |
USD - Unemployment Claims: 230K (Previous: 229K)
- Flash Manufacturing PMI: 49.9 (Previous: 50.2)
- Flash Services PMI: 51.0 (Previous: 50.8)
- Existing Home Sales: 4.15M (Previous: 4.02M)
- Natural Gas Storage: 118B (Previous: 110B)
- FOMC Member Williams Speaks
Major earnings expected today: - Intuit
- Analog Devices
- Workday
- Autodesk
- Copart
- Ross Stores
- Williams-Sonoma
- Deckers Outdoor
- Ralph Lauren
- Advance Auto Parts
- BJ's Wholesale Club
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Japan Downgrades Global Economic View: Government revised down global economy assessment for the first time, citing uncertainty over U.S. trade policy and saying expansion is moderating with growth stalling in some regions. Dimon Warns of Stagflation Risk: JPMorgan CEO can't rule out U.S. stagflation amid geopolitical risks, deficits, and price pressures, saying "I don't agree that we're in a sweet spot" while supporting Fed's wait-and-see approach. Embracer Leans on Back Catalogue: Tomb Raider owner focusing on existing games for cash flow as fewer AAA titles are released, with CEO saying it's "more important than ever" to ensure games are polished before launch. Australian Exporters Upbeat on China: RBA Deputy Governor says Australian businesses are confident about China prospects as U.S. tariffs could enhance their competitive edge in Chinese markets. South Korea Prepares Food Export Support: The finance ministry is planning support measures for agricultural exporters while monitoring U.S. tariff impacts, with agriculture officials included in Washington negotiation teams. OPEC+ Discusses July Output Hike: Members considering 411,000 bpd production increase for July among options at June 1 meeting, though no final agreement reached according to Bloomberg report. Microsoft (NASDAQ: MSFT) announced that its Digital Crimes Unit filed a lawsuit on May 13 against Lumma Stealer, a notorious malware used by hundreds of cybercriminals. The malware has been linked to theft of passwords, credit card data, bank account access, and crypto wallets. Nike (NYSE: NKE) is returning to Amazon for direct U.S. sales, ending its 2019 pullout. The move is part of CEO Elliott Hill's turnaround plan to regain market share from trendier rivals. Until now, Nike products on Amazon have been sold only by third-party sellers. Google will start testing ads in its new AI Mode, integrating them into AI-generated search responses. The move follows strong engagement, with users finding AI-driven ads helpful for connecting with relevant products and services. |
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The Science City You Didn't Know You Needed to Visit
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Snowflake (SNOW ⬆️ 7%): Cloud data company serving up its first-ever $1 billion revenue quarter with Q1 results beating expectations. Revenue grew 26% year-over-year to $1.04B, with product revenue rising 26% to $996.8M. Company raised full-year product revenue outlook to $4.33B (up from $4.28B), topping $4.29B consensus. Lumen Technologies (LUMN ⬆️ 15%): Fiber company getting a sweet deal as AT&T agreed to acquire most of its mass market fiber internet business for $5.75B. Deal includes ~1M fiber customers and is expected to close in H1 2026, with AT&T aiming to reach ~60M fiber locations by 2030. Urban Outfitters (URBN ⬆️ 17%): Fashion retailer delivering record quarterly sales and profits that exceeded Wall Street's appetite. Revenue rose 10% to $1.33B, led by a 59.5% surge in Nuuly subscription sales, with EPS jumping 78% to $1.16, beating estimates by $0.33. CEL-SCI (CVM ⬇️ 43%): Biotech company taking a bitter pill after pricing public offering of 2M shares at $2.50 each, well below prior close of $4.51. Offering aims to raise $5M for the continued development of immunotherapy candidate Multikine. Nike (NKE ⬆️ 2.3%): Athletic wear giant getting back in the game, announcing plans to sell products on Amazon.com's U.S. site for the first time in over five years. The company stopped selling to Amazon directly in November 2019 to focus on direct business. UnitedHealth (UNH ⬇️ 2%): Health insurer losing some flavor after Centers for Medicare & Medicaid Services announced expansion of auditing efforts for Medicare Advantage plans, affecting sector sentiment alongside Humana (-4.2%) and CVS Health (-1.9%). CoreWeave: AI cloud company continuing to rise 7.1% after ending Wednesday up 19% following announcement of $2B senior notes pricing at 9.25% interest rate. The deal was upsized by $500M and five times oversubscribed. Alphabet (GOOGL ⬆️ 1.2%): The Google parent is warming up in premarket after rising 2.8% Wednesday. This bucking market slide shows that investors are showing a growing appetite for the company's AI developments despite the initial cool reception. |
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ETF Gainers: - First Trust SkyBridge Crypto Industry & Digital Economy ETF (⬆️ 15.61%)
- 2x Long VIX Futures ETF (⬆️ 13.07%)
- ProShares Ultra VIX Short-Term Futures ETF (⬆️ 10.45%)
- Bitwise Bitcoin Standard Corporations ETF (⬆️ 9.99%)
- VanEck Digital Transformation ETF (⬆️ 9.67%)
ETF Losers: - GraniteShares 2x Long RDDT Daily ETF (⬇️ 18.53%)
- Defiance Daily Target 2X Long RGTI ETF (⬇️ 15.90%)
- Tradr 2X Long QBTS Daily ETF (⬇️ 14.40%)
- Direxion Daily PANW Bull 2X Shares (⬇️ 14.08%)
- Leverage Shares 2X Long PANW Daily ETF (⬇️ 13.92%)
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🥡 Be part of the 2025 RunDot Project: This is an annual research initiative that helps runners reach their true performance potential. Qualified participants also get 2 free months of run training. Are you a good fit? Complete the 3-minute application here to find out. |
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For more information and to verify the accuracy of the claims made in this email, please consult the following reliable sources: - Gaza Still Waiting for Aid as Pressure Mounts on Israel - Reuters
- Philippines Accuses China of Aggressive Tactics in South China Sea - Reuters
- Two Israeli Embassy Staff Shot in Washington D.C., Axios Reports - Reuters
- Pakistan Will Not Get Water Over Which India Has Rights, PM Modi Says - Reuters
- North Korean Leader Kim Jong Un Condemns Warship Accident - Reuters
- 'Ignorant' to Call Taiwan a Country, China Says After Taipei's Remarks - Reuters
- China, Netherlands Pledge Deeper Cooperation to Tackle Global Challenges - Reuters
- Russia Downs 105 Ukrainian Drones, Including 35 Over Moscow Region - Reuters
- Under Attack by Trump, South Africa's Ramaphosa Offers Trade Deal - Reuters
- Stock Futures Climb as Treasury Yields Hold Steady After Weak Auction - Barron's
- Biggest Stock Movers Today - Barron's
- Eton Pharmaceuticals Set to Dominate Orphan Drug Niche - Seeking Alpha
- Biggest Stock Movers Thursday: SNOW, URBN, and More - Seeking Alpha
- Japan Downgrades View on Global Economy - Yahoo Finance
- Dimon Warns U.S. Faces Risk of Stagflation - Yahoo Finance
- Embracer Leans on Back Catalogue for Game Strategy - Yahoo Finance
- Australian Exporters Upbeat About Business Outlook - Yahoo Finance
- South Korea to Prepare Support for Food Security - Yahoo Finance
- OPEC Discusses Making Another Large Output Cut - Yahoo Finance
- Stock Market Today: Dow, S&P 500, Nasdaq Futures Tip Higher as Investors Brace for Trump's Tax Bill, Bitcoin Hits New High - Yahoo Finance
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