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Find Out Morewith ballistic moves in Palo Alto Networks (PANW) and CrowdStrike (CRWD). Shares of several U.S. software stocks gained on Tuesday, as the industry attempts a comeback after being battered for much of the year on fears of disruption from artificial intelligence. The beleaguered sector's rebound coincided with a slide in chipmakers, which began to cool off following a blistering rally that took the Philadelphia SE Semiconductor Index (SOXX).
Find Out MoreGoldman Sachs Gets SpaceX IPO Lead, certain to be the largest in history, with record fees. The stock jumped $32 on the news. The reusable rocket company could make its prospectus public as soon as Wednesday, after confidentially filing with the Securities and Exchange Commission last month. The offering is expected to bring in a record sum as SpaceX was most recently valued at $1.25 trillion by Musk, when he merged the company with xAI, his artificial intelligence startup, in February.
Find Out MoreFOMC Minutes. Fed policymakers see rising inflation risks, with a rate hike possible. The April meeting saw four dissents, most since 1992, over policy direction. Economists’ expectations shift toward no rate cuts.
Financial markets price in rate hike as Fed's next move. The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting.
and the day after, a court ruled in favor of OpenAI CEO Sam Altman. Combined, the two new issues will take $3 trillion out of the market. (SPCX) is targeting June, while OpenAI is aiming for September. Both are rushing to raise money from the market before it crashes. This is like watching a movie, a financial thriller.
Find Out MorePublished today in the Mad Hedge Global Trading Dispatch, the Mad Hedge Technology Letter, the Mad Hedge Biotech and Health Care Letter, the Mad Hedge AI Letter, and Jacquie’s Post:
Global Trading Dispatch
(PLAYING THE SHORT SIDE WITH VERTICAL BEAR PUT SPREADS),
(TLT)
Mad Hedge Technology Letter
(A PARADIGM SHIFT)
(CITADEL)
Mad Hedge Biotech & Health Care Letter
(CURED INTO A CORNER)
(VRTX), (CRSP), (VERA), (NVS), (RHHBY), (AZN), (BIIB), (JAZZ),
(BMRN)
Mad Hedge Jacquie's Post
(NVIDIA EARNINGS HAVE INVESTORS ON EDGE)
Mad Hedge AI
(THE WOODEN POLE PROBLEM)
(BAI), (WTAI), (LITE), (FN), (MU), (SMEGF), (MPWR), (BWXT), (NOW), (SNOW), (CRM)

2021 Flying a Concierge Member’s Balloon
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