• The One Read
  • Posts
  • Microsoft Announces 'Stargate' New Supercomputer

Microsoft Announces 'Stargate' New Supercomputer

MSFT AI update | Tesla Q1 deliveries | Ken Griffen outlook on US economy

Welcome Back,

Market Headlines ๐Ÿ‘€ 

  • Microsoft (MSFT) plans to invest $100b in a data center project including a new supercomputer - โ€˜Stargate.

  • Tesla (TSLA) will report Q1 delivery numbers tomorrow, heres what to expect.

  • Citadel CEO Ken Griffin sees modest US growth in economy and shares his remaining year outlook.

  • US bond traders pull back rate cut expectations in June to only 50% now after strong ISM data report.

S&P 500 Heatmap ๐Ÿ”ฅ 

Recap Around the Street ๐Ÿง 

Strong employment and strong consumer spending on services go hand in hand with few signs of slowing down. Mix that with a rebound in manufacturing sentiment and the ingredients are in place for a robust economy heading into the election. Partial thanks go to the federal government with 6-8% deficits/GDP spending. (Contributed by Benjamin Lavine, CIO at Freedom Investment Management).

Market Preview ๐ŸŽž๏ธ

  • Tuesday, April 2nd: US factory orders; JOLTS jobe openings

  • Wednesday, April 3rd: MBA mortgage applications; ADP employment report

  • Thursday, April 4th: Weekly jobless claims

  • Friday, April 5th: US unemployment data and non-farm payrolls data

Enjoy reading?๐Ÿ‘‡

What did you think of today's newsletter?

Login or Subscribe to participate in polls.

Thatโ€™s all for today, folks! Weโ€™ll be back around the same time Thursday with a curated list of important news, economic data and market highlights. 

๐Ÿ”” Be the first to know. Ensure you never do more than one read if you:

  • Move our emails (especially your subscriber introduction) to your primary inbox (Quick instructions).

  • ๐Ÿ‘‹ Say hi. Responding to our emails (if any) lets your email provider know to not block us from your main inbox.