Financial Select Sector SPDR Fund

Today’s Key News Recap

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1017 | Dolphin Research Focus: 🐬 Macro/Industry 1. Shares of two U.S. regional banks plummeted due to loan fraud and bad debt issues, with the regional bank index posting its worst performance since April. Risk aversion sentiment pushed up U.S. Treasury and gold prices. The event highlights potential risks in the credit market, and concerns about 'more risk points' will suppress sentiment in financial stocks, while reinforcing expectations for the Federal Reserve to maintain an accommodative stance. 🐬 Individual Stocks 1. $Micron Tech(MU.US) Micron Technology's U.S. stock fell in after-hours trading. According to reports, Micron will stop selling server chips to Chinese data centers...

Morgan Stanley

CHINA MOBILE

Micron Tech

CATL

CTG DUTY-FREE

Charles Schwab

Pro Ultr Silver

iShares Silver Tr

Meta Platforms

Taiwan Semiconductor

LENOVO GROUP

China Mobile

CHINA MOBILE-R

LENOVO GROUP-R

Lenovo Group

CATL HK SDR 30to1

SCHWAB(CHARLES)CORP 5.95% DEP SHS REP 1/40 NON CUM PERP PF D

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

SCHWAB(CHARLES)CORP 4.450% DEP SHS REP 1/40TH N-CUM PFD SERJ

Micron to Stop Selling Server Chips to Chinese Data Centers; Meta Plans to Raise $30 Billion to Build Data Centers | Today's Important News Recap

JPMorgan Increases Voting Rights in AUTO1 from 5.2% to 6.69%

Goldman Sachs Increases Voting Rights in Evotec to 11.18%

JPMorgan CEO Cites Cybersecurity Risks as Top Threat

JPMorgan CEO Supports Developing Active Stablecoin Ecosystem Under Fair Competition

JPMorgan's Kevin Brunner: AI Enters Execution Phase to Reshape M&A Landscape

NY Metabolic Health Clinic Nourish Raises $100M in Series C

Profund Advisors Cuts Visa Inc. Stake by 19.9% in Q4, Analysts Remain Optimistic

Radnor Capital Increases Visa Stake by 25% to $5.34M as Visa Reports Strong Q4 Earnings

Regulatory filings show Berkshire Hathaway increases stake in Sumitomo Mitsui to 10.30%

MasterCard Acquires Vocalink, Showcasing 'Hunter' Strategy and Rebel Origins

Middle East Conflict Drives Oil and Inflation Up, US Bond Yields Hit 5% in 20-Year High Triggering Global Sell-Off

NYC Mayor Mamdani Meets JPMorgan CEO Dimon

Goldman Sachs Discloses 9% Stake in Umicore and Files Transparency Notice

JPMorgan Discloses 6.15% Stake in Link Mobility Group Holding Exceeds Threshold

Berkshire Hathaway Initiates Stakes in Delta Air Lines and Macy's, Boosting Their Pre-Market Stock Prices

UnitedHealth's stock falls after Berkshire Hathaway exits its stake.

Citigroup and BlackRock Sign €15 Billion Private Credit Deal

Berkshire Hathaway Invests $55 Million in Macy's, Establishing a New Position

Berkshire maintains its top shareholder position in Kraft Heinz at the end of Q1

Amesite

Meiwu Tech

InMed Pharmaceuticals

Generation Income Properties

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Phoenix Asia

NextNRG

MetaVia

Co-Diagnostics

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

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Bill Ackman's Pershing Square made significant investments in leading AI hyperscaler stocks in Q1, contrasting with Berkshire Hathaway's portfolio adjustments.

- The article discusses whether to invest $1,000 in Pershing Square, noting that it has a Hold rating from analysts.  
- MarketBeat highlights that top analysts are recommending five other stocks instead, which they believe are better investment opportunities.  
- The conclusion suggests that investors should consider these alternatives before investing in Pershing Square.

Market Beat

Berkshire Hathaway B

Berkshire Hathaway

Pershing Square

Ackman and Berkshire Are Betting Against Each Other on AI

JPMorgan Chase has increased its voting rights in AUTO1 to 6.69% from 5.2%, effective May 13. The stake through shares rose to 3.22% from 2.38%, while voting rights via instruments increased to 3.47% from 2.82%, driven by a recall right of 1.14% and an Equity Swap position of 2.33%.

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Defiance Daily Target 2X Long JPM ETF

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

JPMorgan Chase lifts AUTO1 voting rights to 6.69% from 5.2%

Bank of America warns of a potential summer sell-off in stock markets as investor sentiment reaches a three-month peak. The Fund Manager Survey indicates cash levels dropped to 3.9%, triggering a sell signal. Despite optimism, concerns about rising bond yields and inflation persist, with only 16% of investors expecting Fed rate hikes in the next year. The survey highlights a crowded trade in semiconductors and a significant underweight in bonds, suggesting possible contrarian trade ideas.

- Bank of America warns that stock markets may undergo a summer rout due to excessive optimism among investors, driven by strong earnings growth.  
- The Fund Manager Survey indicates a drop in cash levels to 3.9%, triggering a sell signal, and most investors do not anticipate Fed rate hikes despite high Treasury yields.  
- Notably, inflation poses the biggest risk according to investors, influencing a significant overweight in commodities while signaling potential contrarian trade opportunities in fixed-income and consumer stocks.

Dow Jones

Bank of America

SPDR FD Consumer Discretionary

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

Investors are all-in on stocks, and a June swoon could be next, BofA says

In Plantation, Fla., NationsBenefits®, a healthcare fintech and benefits platform, revealed a retail network collaboration with Harps, a 100% employee-owned supermarket chain operating in various states such as Arkansas, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Oklahoma, and Tennessee. This integration allows eligible health plan members to utilize their NationsBenefits Mastercard® Prepaid Flex Card* at over 160 Harps stores for approved purchases.

Unusual Whales

Mastercard

NationsBenefits and Harps Partner to Expand Flex Card Access for Rx and OTC Health Needs Across Mid-South and Ozark Communities

Berkshire Hathaway has made a surprising investment in Macy's, diverging from the current trend of high valuations in AI-related companies. This move reflects Buffett's focus on underlying value rather than market hype. Macy's offers a discounted valuation, strong cash flow, and valuable real estate, suggesting that Berkshire sees potential in overlooked businesses. The investment serves as a reminder that stability and consistent profits can be more valuable than chasing trendy narratives in the market.

- Wall Street's recent fascination with AI has led to a surge in investments, often disregarding underlying business fundamentals in favor of hype.  
- Berkshire Hathaway's unexpected investment in Macy's highlights its strategy of focusing on undervalued companies with solid fundamentals rather than chasing trends.  
- This move suggests that patient, disciplined investing can reveal opportunities overlooked by the market, emphasizing the importance of evaluating businesses on their economic merits rather than market sentiment.

ZeroHedge

Macys

VanEck Retail ETF

SPDR S&P Retail ETF

Alphabet

Alphabet - C

Berkshire Trolls The AI Bubble By Buying Macy's

Warren Buffett’s Berkshire Hathaway Dumped 16 Stocks in Q1, But the Chevron Sale Was the Largest

Barchart Option

Chevron

Warren Buffett’s Berkshire Hathaway Dumped 16 Stocks in Q1, But the Chevron Sale Was the Largest

JETS

Delta Air Lines CEO Ed Bastian announced the company's focus on global expansion rather than U.S. consolidation, despite favorable merger conditions under the Trump administration. Bastian emphasized the importance of enhancing Delta's international brand presence and mentioned plans to restart flights to Hong Kong and add routes to Riyadh. Additionally, Berkshire Hathaway has increased its stake in Delta, marking a strategic shift after previously exiting airline investments.

- Delta Air Lines CEO Ed Bastian announced a focus on global expansion, not U.S. consolidation, despite the current political climate favoring mergers.  
- He confirmed plans to restart Hong Kong flights and add routes to Riyadh, emphasizing the airline's commitment to strengthening its international brand presence.  
- Additionally, Berkshire Hathaway has acquired over 39 million shares of Delta, indicating a strategic shift, while discussions about mergers follow Spirit Aviation Holdings' recent collapse.

benzinga_article

Delta Air Lines

Us Global Jets

Ryanair

United Airlines

American Airlines

Southwest Airlines

SPIRIT AVIATION HOLDINGS  INC

Jetblue Airways

Amazon

Destiny Tech100

Ryanair Holdings Plc

Spirit Aviation

Delta CEO Ed Bastian Says Airline Will Prioritize Global Expansion Over Domestic Tie-Ups Despite Trump's Merger-Friendly Policies

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Goldman Sachs increased its stake in FDJ United to 5.97% of share capital, holding 11,053,359 shares as of May 13. This follows a previous stake of 5.08% reported on May 8, driven by an off-market acquisition. The voting rights associated with this position were 3.53% at the earlier date.

GOLDMAN SACHS GROUP INC DEP SHR REP 1/1000TH PFD SER A

Goldman Sachs

GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D

GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C

ISHRS Us Brokers & Sec Exchg

Fidelity MSCI Financials Index

VG Financial

GS Hldg R

FDJ United flags Goldman Sachs stake at 5.97% of capital

KBWB

FINX

ARKF

Nu Holdings has received conditional approval to operate as a national bank in the U.S., marking a significant step in its expansion beyond Latin America, where it serves approximately 135 million customers in Brazil, Mexico, and Colombia.

NU Holdings

Invesco KBW Bank

Global X Fintech

ARK Fintech Innovation ETF

Nu wins conditional US approval to operate as national bank

Bilt has announced an enhanced partnership with the Flying Blue loyalty program, allowing Air France KLM Visa Signature cardholders to earn 3 Flying Blue Miles for every dollar spent on rent via the Bilt platform, subject to an annual cap. This marks Bilt's third co-brand card alliance, expanding its services to Flying Blue clients within its community.

- Bilt has announced a partnership with the Flying Blue loyalty program in New York.  
- Air France KLM Visa Signature cardholders can earn 3 Flying Blue Miles for every dollar spent on rent through Bilt, subject to an annual cap.  
- This marks Bilt's third co-brand card alliance, enhancing its offerings for Flying Blue members within its community.

Visa

Bilt and Flying Blue Expand Collaboration, Unlocking 3 Miles For Every Dollar Spent on Rent for Air France KLM Visa Signature® Cardholders

Berkshire loading up on GOOG while Ackman almost fully exits, quite a stark split lah. Soros adding SPY puts also worth paying attention to🤔

korbs23

15 May was the SEC 13F deadline for Q1 2026. Five top managers I think are worth a read. Here's what changed, in plain SG-investor language.

NVIDIA

Broadcom

Intel

Sandisk

Lumentum

Coreweave

Core Scientific, Inc.

Applied Digital

Microsoft

Electronic Arts

Q1 2026 13F Highlights: 5 Top Funds in 5 Minutes

Financial Select Sector SPDR Fund(XLF.US)

Ackman and Berkshire Are Betting Against Each Other on AI

JPMorgan Chase lifts AUTO1 voting rights to 6.69% from 5.2%

Investors are all-in on stocks, and a June swoon could be next, BofA says

NationsBenefits and Harps Partner to Expand Flex Card Access for Rx and OTC Health Needs Across Mid-South and Ozark Communities

Berkshire Trolls The AI Bubble By Buying Macy's