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Market Headlines 👀 

• US President Trump orders US chip designers to stop selling chips to China.

• Tesla (TSLA) sets June 12th for robotaxi launch date in Austin.

• Tempus AI (TEM) stop drops following a short report from Spruce Point Capital Management.

• Palantir (PLTR) partners with Fannie Mae to provide detection technology helping prevent mortgage fraud.

• Meta Platforms (META) per reports, plans to open physical Meta storefronts similar to Apple.

Earnings 💸

• Nvidia (NVDA)

  • EPS: $0.81 beats (exp. $0.75)

  • Revenue: $44.1b beats (exp. $43.25b)

• Salesforce (CRM)

  • EPS: $2.58 beats (exp. $2.55)

  • Revenue: $9.83b beats (exp. $9.75b)

• Sentinel One (S)

  • EPS: $0.02 meets (exp. $0.02)

  • Revenue: $229m beats (exp. $228.34m)

• Macys (M)

  • EPS: $0.16 beats (exp. $0.15)

  • Revenue: $4.6b beats (exp. $4.43b)

• Hewlett Packard (HP)

  • EPS: $0.71 misses (exp. $0.80)

  • Revenue: $13.22b beats (exp. $13.14b)

A note from Pacaso 📣

The key to a $1.3T opportunity

A new trend in real estate is making the most expensive properties obtainable. It’s called co-ownership, and it’s revolutionizing the $1.3T vacation home market.

The company leading the trend? Pacaso. Created by the founder of Zillow, Pacaso turns underutilized luxury properties into fully-managed assets and makes them accessible to the broadest possible market.

The result? More than $1b in transactions, 2,000+ happy homeowners, and over $110m in gross profits for Pacaso.

With rapid international growth and 41% gross profit growth last year, Pacaso is ready for what’s next. They even recently reserved the Nasdaq ticker PCSO.

But the real opportunity is now, before public markets. Until 5/29, you can join leading investors like SoftBank and Maveron for just $2.80/share.

Invest in Pacaso today.

_{This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.}

S&P 500 Heatmap 🔥 

Recap Around the Street 🧠

Nvidia earnings snapshot (contributed by Brad Freeman @Stockmarketnerd):

Market Preview 🎞️ 

• Thursday, May 29th: Weekly jobless claims; Q1 second GDP estimate; Pending home sales

• Thursday earnings: Costco (COST), Zscaler (ZS), Ulta Beauty (ULTA), Dell Technologies (DELL)and Marvell (MRVL) 

• Friday, May 30th: University of Michigan consumer sentiment final; Personal income and spending (PCE)

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