RiskReversal Recap: May 28, 2024

New Nasdaq Highs, Rate Hikes Possible & Mistral AI Targets U.S. Tech

MRKT MATRIX: May 28, 2024

Today’s Top Stories:

  • Market Wrap (FactSet Data & CNBC)

  • UBS Price Target Raise (CNBC)

  • ‘Hindenburg Omen’ triggered last week (CNBC)

  • Fed’s Kashkari Says Interest-Rate Hikes Not Entirely Ruled Out (Bloomberg)

  • Elliott Takes $2.5 Billion Stake in Texas Instruments (CNBC)

  • T-Mobile To Buy U.S. Cellular (Barron’s)

  • The BFD: xAI Raises $6 Billion (Axios)

  • Mistral AI, France’s Startup Darling, Takes Aim at the US Market (Bloomberg)

Today’s MRKT Call is Presented by Fidelity

Live Charts & Market Analysis: $NVDA $NDX $SPX $TXN

Dan Nathan and Guy Adami break down the top market headlines and bring you stock market trade ideas for Tuesday, May 28th.

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Today’s On The Tape is Presented by CME Group and iConnections

Age Is Just A Number with Alan Patricof & Abby Miller Levy

In this episode of "On The Tape," hosts Guy Adami and Kaitlin Malin are joined by Alan Patricof and Abby Miller Levy of Primetime Partners. They discuss their venture fund focused on the aging population, inspired by Alan's personal experiences and Abby's professional background. Key topics include the impact of COVID-19 on aging awareness, the importance of financial planning for longevity, and the role of technology in elder care. They also delve into their investment philosophy, emphasizing tech-enabled infrastructure and the need for innovation in serving an aging demographic. Tune in for insights on the future of aging and innovation.

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