AI-Powered Profits, Rare Earth Battles & a Sneak Peek into My Trades

• 📈 Market Indices Update

• 📢 Top 3 Market Stories

• 🔎 Rich & Powerful Are Buying

• 🔄 My Latest Portfolio Changes

• 📊 One Chart

• 🚀 Biggest Market Movers

📈 Market Indices Update

• S&P 500: ↑ 0.6% to 5,973 – Boosted by AI and chip stocks, continuing its 2025 rally.

• Dow Jones: ↑ 0.5% to 42,560 – Gained 254 points, nearing positive YTD territory.

• Nasdaq: ↑ 1.0% to 19,440 – Led by strong tech and semiconductor performance.

• Gold (Spot $/Oz): ↓ 0.3% to $3,358/oz – Pulled back slightly after recent highs.

• 10-Yr Treasury Yield: ↑ 1.13% to 4.46% – Rose on inflation fears and Fed vigilance.

• EUR/USD: 1.1025 (+0.15%) – Euro ticked up amid cautious global sentiment.

• USD/JPY: ¥134.50 (–0.10%) – Yen gained on safe-haven demand.

• Bitcoin: ↓ 0.11% to $105,768 (June 2) – Eased slightly after recent gains.

🔍 Summary: Markets rose on tech-driven optimism, while gold and crypto saw minor pullbacks and yields climbed on inflation concerns.

📢 Top 3 Market Stories You Should Care About

1️⃣ China Escalates Trade War with Rare Earth Export Ban (Reuters)

• China banned exports of critical minerals like rare earth alloys and magnets—vital for sectors including automotive, aerospace, semiconductors, and defense.

• The move follows President Trump's steep tariffs on Chinese imports, signaling a sharp escalation in trade tensions.

• Automakers in Germany, India, and beyond warn of production delays and possible shutdowns due to disrupted supply chains.

🔎 Why It Matters: This could severely impact global manufacturing, intensify the U.S.-China trade war, and accelerate reshoring or diversification of supply chains.

2️⃣ S&P 500 Posts Strong May Rally on Robust Earnings (J.P. Morgan Asset Management)

• The S&P 500 jumped 6.3% in May, leading global markets with gains across tech, industrials, and consumer discretionary.

• With 97% of companies reporting, earnings grew 12.4% YoY—marking the second straight quarter of double-digit growth.

• 77% of firms beat EPS estimates; 63% topped revenue expectations.

3️⃣ Meta Signs 20-Year Nuclear Power Deal with Constellation (Fox Business)

• Meta $META ( ▼ 0.48% ) inked a 20-year deal to buy nuclear power from $CEG ( ▼ 3.23% ) Constellation’s Clinton Clean Energy Center in Illinois.

• The agreement reflects the surging energy demands of AI-focused data centers.

• It also signals a shift toward clean, stable energy sources among tech giants.

🔎 Why It Matters: As AI grows, so will energy needs. This could spark a wave of long-term clean energy deals across Big Tech.

🔎 What 5 Rich & Powerful Are Buying

📈 Billionaire Hedge Funds – Meta Platforms ($META ( ▼ 0.48% ))
→ Top Q1 holding for Coatue, Tiger Global, Fundsmith, and Lone Pine
→ Positions ranged from 8.75% to 16.18% of fund assets
→ Backed by $70B+ cash and $24B in Q1 operating cash flow

💰 Henry Kravis & George Roberts – KKR ($KKR ( ▲ 0.11% ))
→ Co-founders sold 2.47M shares worth $296.36M on June 2
→ Sales likely under Rule 10b5-1 plans
→ Both retain significant holdings in the company

📈 Netflix – Insider & Institutional Buying ($NFLX ( ▲ 0.88% ))
→ Q1 results: +12.5% revenue, +54.8% EPS YoY
→ Execs and board members added shares
→ Funds betting on $1T market cap by 2030

💰 Shell plc – Buyback Program ($SHEL ( ▲ 0.39% ))
→ Repurchased 1.29M+ shares on June 3 across 4 exchanges
→ Part of May buyback program to return excess cash

💊 Exelixis – Share Buyback ($EXEL ( ▲ 0.36% ))
→ Announced $289M buyback amid strong financials
→ Buyback seen as confidence in pipeline and cash flow

🔄 Moves I Made: My Latest Portfolio Changes (and Why)

Starting this week, I’ll be sharing key changes in my personal portfolio—what I’m buying, trimming, or exiting, and most importantly, why. This isn’t financial advice, just a transparent look at how I’m thinking through opportunities and risks in real time.

This week, I made a few strategic adjustments:

Sold (partial):

• $UBER ( ▲ 1.46% ) – Took profits at after a strong multi-month run. While I remain bullish long-term, I’m trimming exposure as it nears technical resistance and to rebalance weight.

• $SHOP ( ▲ 1.4% ) – Reduced position as growth slows and margins face pressure. Shopify has had a great run, but I'm locking in gains and reallocating to higher-upside ideas.

New Buys:

• $CEG ( ▼ 3.23% ) (Constellation Energy) – Entered a position @ in this leading nuclear and renewable power play. As AI demand skyrockets, power is becoming the new oil—and Constellation is positioned to benefit from rising data center energy needs.

• $OSCR ( ▲ 10.6% ) (Oscar Health) – Took a starter position in this under-the-radar stock. Recent momentum, improving financials, and AI-led efficiencies in health insurance make it an interesting asymmetric bet vs. big old insurance companies.

📊 One Chart That Explains Everything

🏠 Housing Prices vs. Income: The Affordability Crisis

Key Insight:
From 1985 to 2023, U.S. home prices rose +408%, while incomes grew only +241%.
The median home cost 3.6× income in 1985 — now it's 5.3×.

What Drove It:

• COVID-era demand spike + low rates

• Tight housing supply

• Rising mortgage rates post-2022

So What?

• Homeownership is out of reach for many — especially young buyers

• Affordability crisis is widening wealth gaps

• Builders can’t keep up — policy must address supply shortages

Bottom Line:
Owning a home in America has never been harder — and without bold supply-side solutions, it’s only getting worse.

🚀 Biggest Market Movers

📈 Top 3 Winners

CoreWeave Inc - $CRWV ( ▼ 17.2% ) 
Shares jumped following momentum from a $7B data center deal with Applied Digital ($APLD), highlighting surging demand for AI cloud infrastructure.

Dollar General Corp - $DG ( ▲ 1.85% ) 
Rallied after beating earnings expectations, suggesting a potential rebound in the discount retail sector.

ON Semiconductor Corp - $ON ( ▼ 1.47% ) 
Gained on likely positive sentiment in the semiconductor space, driven by analyst upgrades, sector rotation, or broader tech optimism.

📉 Top 3 Losers

Hims & Hers Health Inc - $HIMS ( ▼ 1.57% ) 
Fell after announcing the acquisition of European digital health platform ZAVA. While the move expands global reach, investors showed concern over integration risks, lack of financial disclosure, and valuation pressures—despite a pre-market rally.

Kenvue Inc - $KVUE ( ▼ 0.14% ) 
Declined amid negative analyst sentiment and pressure on the consumer staples sector, potentially driven by earnings concerns or macro factors.

Alphabet Inc Class C - $GOOG ( ▲ 0.25% )
Slight dip possibly tied to overall tech volatility, mild analyst downgrades, or softness in cloud and advertising expectations.