May 17, 2026

🛋️ MRKTcap

Sponsored by

🥳 Happy Sunday.

​
In this newsletter we're diving into:

🤑 The AI chip IPO that minted two billionaires before lunch

🛒 Why your paycheck bought less last month than it did a year ago

🛫 What Toupee Fiasco actually walked away with from Beijing

​
Make yourself comfy 🛋️ and let's get into it...

---

Market Crowd​
​How the market did this week.

Dow 49,526.17 -82.99 -0.17%

S&P 7,408.50 +9.57 +0.13%

Nasdaq 26,225.14 -21.94 -0.08%

*As of market close on Friday, May 15th.

---

Pre-Market Play​
​A market beat to start your week.
​

---

🤑 Silicon Valley made two new billionaires overnight...

And the stock started falling the next morning.

Cerebras Systems (CBRS), a Silicon Valley AI chip startup competing directly with Nvidia (NVDA), priced its IPO at $185 on Wednesday night.

​
Thursday's opening bell?

​
$350. The stock closed Day 1 at $331.07, up 68%.

​
Market cap: $95 billion.

​
$5.55 billion raised. Biggest U.S. tech haul since Uber (UBER) in 2019.

​
It also handed CEO Andrew Feldman a $3.2 billion stake and CTO Sean Lie a $1.7 billion one. Two billionaires before lunch.

​
Then Friday came...

​
CBRS opened up 6%, then pulled back to -2.6%.

​
Davidson analysts called the wafer-scale chip "niche-y," noting the tech is still in "early stages of maturity" and less flexible than what's already out there.

​
Their take?

​
"Wouldn't get too excited."

​
Now you see why the stock's wobbling.

​
CBRS's bet is that its single-wafer chips run AI faster than Nvidia's GPUs. NVDA's bet is that everyone else's chips can't catch up.

​
NVDA reports earnings May 20 and the timing lines up with a window NVDA usually runs.

​
🥡 The Takeaway: Watch NVDA earnings on May 20 to see whether AI hardware demand still has fuel, because if NVDA's numbers come in lower than expected, CBRS will get hit twice as hard as the new kid on the block.

---

🛒 Your grocery bill just got a raise...

And your paycheck didn't get the memo.

The Consumer Price Index (CPI), the government's scorecard for how much everyday goods and services cost, rose 3.8% over the past year in April.

​
That's the highest reading since May 2023.

​
Let's talk numbers...

​
Energy prices jumped 17.9% over the past year. Gasoline alone: up 28.4% annually. Shelter costs climbed 0.6% in a single month. Airline tickets are up 20.7% year over year.

​
But here's the one that stings...

​
For the first time in three years, inflation is outpacing wages. Real average hourly earnings fell 0.3% annually, meaning the raise you got this year bought you less than last year.

​
Wall Street felt it immediately. Stock futures turned negative, Treasury yields (the interest rate the government pays on its debt) jumped, and traders started pricing in roughly 30% odds of a Fed interest rate hike (a move that makes borrowing more expensive) by year-end.

​
That's new. The Fed (the U.S. central bank that controls interest rates) has kept rates steady all year.

​
The Iran war is behind a lot of this: oil has topped $100 a barrel and gas is averaging $4.50 a gallon nationally.

​
🥡 The Takeaway: Watch for any change in Fed language at the next meeting, because if rate hike odds cross 50%, real estate stocks and high-growth tech names take the biggest hit, since their value depends on cheap borrowing staying cheap.

---

🛫 Toupee Fiasco rolled up to Beijing with backup...

And the lineup wasn't politicians.

Toupee Fiasco (Trump) landed in Beijing on Wednesday for a two-day summit with Chinese President Xi Jinping.

​
The squad on the tarmac: Tesla (TSLA) CEO Elon Musk, Nvidia (NVDA) boss Jensen Huang, Apple CEO Tim Cook, and Boeing (BA) CEO Kelly Ortberg.

​
The welcome party had a brass band and flag wavers. Someone told the ceremony team this was a big deal.

​
By Friday, the summit had wrapped. Here's what landed...

​
NVDA got the green light to sell its H200 AI chips to major Chinese companies. Tech stocks rallied on the news.

​
China agreed to order 200 Boeing jets. Less than the 500 some expected, but still 200 planes.

​
Toupee Fiasco also said China would help on Iran and buy U.S. oil, though Beijing hasn't confirmed.

​
Both sides agreed to a 3-year "strategic stability" framework, and Xi is set to visit the U.S. on September 24.

​
The one thing nobody touched? Taiwan. Xi warned mishandling it would put the relationship in "great jeopardy." Washington said nothing back.

​
The chip deal puts NVDA right back in focus, and the timing lines up with a window NVDA usually runs.

​
🥡 The Takeaway: Watch NVDA and BA to see if the H200 deal and the 200-jet order hold the rally or fade as the summit headlines cool off.

---

💫 TMYK
​A quick pop quiz to help you learn about the market. The more you know!​
​

In the U.S. stock market, what does T+1 settlement mean for a typical stock trade?

Click your answer below:

a.) The trade settles one business day after the trade date

b.) The trade settles one hour after you place it

c.) The trade settles one week after the trade date

---

We eatin' You know that feeling when you come home and someone's made you a home-cooked meal? No effort. Grab a chair and dig in. Swingset is like that, except with stocks. As Rashad so poetically put it... And honestly, who wouldn't want that? We've done all the heavy lifting researching over 15 years of stock trends that have a 70%+ repeat rate giving you the exact dates a stock will move. All you have to do is, well... pull up your account and feast on some sweet profits. While everyone else is out there waiting on "gurus" to tell them when to get in/out, you're already eating. Sound good? Yeah, thought so. Start your free trial →

---

Gimme some mo'
​More news from 'round the market.
​

📶 Cisco pops 15% and cuts 4,000 jobs
AI infrastructure orders nearly doubled to $9 billion while the company announced its biggest layoff since 2014 how the numbers break down →

​
​💊 Hims & Hers doubles its losses
HIMS posted a $92 million Q1 loss (double last year's) as it exits the cheap Wegovy copycat business, and HIMS dropped 15% in premarket here's the full GLP-1 transition story →

​
​🔋 Ford is an AI stock now?
Ford (F) ran 20% in two days after launching an energy storage business using Chinese battery tech from CATL, and Morgan Stanley says data center deals are on the way the meme is real →

​
​✈️ China orders 200 Boeing jets
Toupee Fiasco confirmed a 200-jet order during the Beijing summit, less than the 500 analysts expected, and Boeing (BA) fell 4% on the news here's why the dip won't stick →

​
​⛽ Oil won't bounce back until 2027
Saudi Aramco's CEO warns 600+ ships are stuck in the Gulf and the market is losing 100 million barrels a week with Hormuz still shut here's the full breakdown →

​
​🎮 eBay shuts down GameStop's wild bid
GameStop (GME) CEO Ryan Cohen tried to buy eBay (EBAY) for $56 billion, five times GME's own size, and got a very public rejection from the board the meme stock CEO's biggest swing yet →

​
​✈️ Buffett's back on the runway
Berkshire Hathaway built a $2.6 billion stake in Delta Air Lines (DAL) six years after dumping every airline stock it owned during COVID and the irony is chef's kiss →

---

🤳🏾 Let me check my palm pilot
​Earnings events on deck this coming week.

---

Market Outlook
​A look at how the market does historically over the next week.

Dow Down 8 out of 15 years

S&P Down 8 out of 15 years

Nasdaq Down 8 out of 15 years

Data provided by Swingset.

---

Trend of the Week

(ROST) has a trend of going down over the next week.

​
It's gone down 12 out of the last 15 years moving an average of and projected to repeat this move May 15th - May 22nd.

---

How'd you like this edition of MRKTcap? ​ 😕 Meh. Needs more spice.​ ​ 🙂 Not bad. Hit the highlights.​ ​ 😍 Nailed it! I'd read this again.​

---

To wealth in every sense of the word,

Did someone forward you this email? Sign up for MRKTcap here​

Sent to: Reader

​
Copyright Simply Put
6935 Aliante Pkwy Ste 104-236, North Las Vegas, NV 89084
​

This newsletter is by no means a solicitation to buy or sell any of the above-mentioned securities. It is for educational and entertainment purposes only. Any views expressed here do not necessarily reflect the views of any affiliate. Expressions of opinion are as of this date, are solely that of the writer and are subject to change without notice. All investments involve risk including the loss of principal and past performance does not guarantee future results. Always do your own research and due diligence. This newsletter may contain affiliate links and we may receive commissions, at no cost to you, for purchases made through links in this email. The MRKTcap team often invests in the same stocks that we cover.

*Referral Program Terms and Conditions​

​
Need to change your name or the email I can reach you at?
​Update your preferences​

​
Not feeling the weekly breakdown?
​Leave MRKTcap but stay on our list​

​
Don't want to hear from me again? Like eva, eva??
​Unsubscribe from everything​