šŸ“ˆ S&P 500 Hits 6K

S&P500 Cracks 6000 for the first time since February, Apple’s big WWDC moves and a $5.4B crypto bet out of Tokyo.

Good Morning! 

Happy Monday, it’s a fresh week and the headlines are already heating up. From Wall Street's rebound to Apple’s big WWDC moves and a $5.4B crypto bet out of Tokyo, here’s what you need to know to start your week strong.

Grab your Iced Latte and let’s get into it. ā˜•ļø šŸ‘‡ļø 

Markets

šŸ“ˆ S&P 500 Hits 6,000 Points for First Time Since February
Stocks snapped back hard Friday, riding high on a stronger-than-expected jobs report that helped ease nerves over tariffs. The S&P 500 jumped 1% to close just above the 6,000 mark, a key milestone it hadn’t touched since February. The Dow added 1.1%, and the Nasdaq outpaced both with a 1.2% gain.

Tesla bounced nearly 4% after a wild Thursday crash, when it tanked 14% following a very public clash between Elon Musk and President Trump. And with 139,000 new jobs added in May, way above forecasts, Wall Street’s rally rolled into a second strong week.

šŸ˜ļø Former Zillow Execs Target $1.3T Market
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🧠 What to expect from Apple's event as Wall Street looks for AI gains
Apple’s WWDC 2025 is officially underway in Cupertino, and all eyes are on what’s next for iOS and beyond. While last year’s flashy AI promises still haven’t fully materialized, especially that generative Siri, this year investors are hoping for more clarity. Expect fresh features across Apple’s software lineup, but don’t hold your breath for a major hardware reveal.

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šŸ‡ØšŸ‡³šŸ‡ŗšŸ‡ø China and U.S. trade officials to hold talks in London
Top U.S. and Chinese trade officials are meeting in London today, aiming to defuse a tense trade standoff between the world’s two biggest economies. Talks come just days after Trump’s call with President Xi and weeks after both sides agreed in Geneva to slash tariffs temporarily.

Washington's delegation includes Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, while China’s Vice Premier He Lifeng leads Beijing’s team. Despite ongoing accusations from both sides, the focus now is salvaging progress and keeping markets calm.

šŸ’°ļø Bitcoin buyer Metaplanet jumps on $5.4 billion fundraising plan
Metaplanet’s bold $5.4 billion Bitcoin push sent its shares soaring 22% in Tokyo Monday, after unveiling what it claims is Japan’s largest-ever stock acquisition rights program. The company aims to scale its BTC stash from 8,888 to 210,000 by 2027. Once a hotelier, now a crypto whale-in-the-making, Metaplanet is following the Michael Saylor playbook, selling stock to load up on Bitcoin.

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Quick Links

šŸ“‰ Trump Wants the Fed to Cut Interest Rates by a Full Point. That Normally Takes a Recession.
😢 Silicon Valley's not crying for Musk.
šŸ’Ŗ Morgan Stanley, Goldman see resilient economy supporting stocks.
šŸš— China extends an olive branch to Western auto giants over rare earth shortage.
šŸ‡°šŸ‡· Trump, South Korea's new president agree to make a deal on tariffs that would satisfy both countries.
šŸ—¾ Japan to consider buying back some super-long government bonds.
šŸ¦ Ether Holds Steady Above $2,500 as ETF Demand Signals Institutional Confidence.

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