Stocks Close Higher, DOJ Sues California Over Voter Rolls, More
Summary
Markets rallied as the S&P 500 and Dow posted gains, while NVIDIA CEO Jensen Huang defended CoreWeave’s financial health amid rising credit risk. The EU fast-tracked antitrust approval for Project Bromo to reduce reliance on US satellite providers, and the Trump administration sued California over voter roll citizenship verification. Political tensions escalated with record spending in the Texas Senate race and Trump’s decision to halt live-streaming a firing squad execution. Geopolitically, Ukraine ended a strike pause after accusing Trump and Elon Musk of restraining its defense, while US…
Topics discussed
Intro and market rotation away from chip makers
Closing numbers and Treasury yields
CoreWeave credit risk and NVIDIA CEO comments
EU antitrust approval for Project Bromo
Trump administration sues California over voter rolls
Texas Senate race spending and polling analysis
Pentagon decision on Fort Hood shooter execution
Harvard endowment record and Russian refinery strike
Ukraine-Russia conflict updates and Starlink status
Oil inventories, crude prices, and wholesale inflation
Inflation impact, retail sales, and jobless claims
Investigation of suspicious letters to Congress
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