US inflation landed lighter than feared – a welcome relief, but one that may not stick around – while Perplexity planned a funding round to further disrupt the search industry… news that Google could’ve gone without hearing.

Today’s s stories:

• April’s US Inflation Figures Came In Cooler Than Expected
• Google Challenger Perplexity Is Planning To Raise Half A Billion Dollars

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The US and China agreed to slash their mutual tariffs… but only for three months, while China’s CATL will host the world’s biggest public listing party of the year – but if you're a US investor, your invite will be lost in the mail.

Today’s stories:

• The US And China Agreed To A Swoon-Inducing 90-Day Tariff Delay
• Chinese Firm CATL Is Going Public, And US Investors Aren’t On The Guest List

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Coinbase secured the crypto industry’s biggest-ever deal, and the US and China will talk trade in Switzerland this weekend – but don’t expect a world-class-chocolate kind of sweet solution.

Today’s stories:

• Coinbase Just Scored The Biggest Crypto Deal Ever
• The US And China Will Break The Ice In Switzerland This Weekend

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The US shook on its first trade deal since the “Liberation Day” that launched rising tariffs, with the UK winning the handshake, while Apple said it’ll look into AI alternatives to Google’s search engine – news that sent Alphabet’s stock south.

Today’s stories:

• The US Just Struck A Trade Deal With The UK – Its First Since Introducing New Tariffs
• Apple Said It’s Searching For Google Alternatives, And Alphabet’s Stock Went South

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China revealed a $138 billion stimulus plan to puff up its economy, just as US tariffs threaten to knock the wind out of it, while the US president signed an order to have medicine made in America – and that could send pill prices popping higher.

Today’s stories:

• China’s Central Bank Announced A Stimulus Plan Worth A Trillion Yuan
• The President Wants Americans’ Meds To Be Made In The US Of A

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Warren Buffett announced a retirement that will end a 60-year masterclass in capitalism – and hand his successor the keys to a trillion-dollar empire – while OpenAI decided on a structure that combines mission and money, but critics aren’t buying the “new” look.

Today’s stories:

• After Sixty Legendary Years, Warren Buffett Is Stepping Down
• OpenAI Settled On A New Structure, But The Difference Is… Subtle

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The US economy added more jobs than predicted in April, but tariffs might put an end to that hiring spree, and the World Health Organization will greenlight obesity drugs – a move that could shrink prices even faster than waistlines.

Today’s stories:

• The US Added More Jobs Than Expected, Sending American Stocks Up
• The World Health Organization Is Set To Endorse Weight-Loss Drugs

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Apple and Amazon beat expectations – but lower forecasts, slowing cloud growth, and lingering risks kept the celebrating in check – while a Wall Street analyst slapped a “sell” sign on Nvidia’s stock.

Today’s stories:

• Apple And Amazon’s Results Were Sturdy, But Their Future Looks A Little Less So
• One Lone Wall Street Analyst Is Calling Nvidia’s Stock A “Sell”

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