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OpenAI launched an AI video creation tool, Silicon Valley Bank is on a hiring spree, Ford’s CEO told Wall Street to forget Tesla, Japan is no longer the world’s third largest economy, the UK is in a recession, Meta encouraged advertisers to ditch the iPhone, and Google opened a Paris research hub.

Lyft’s CEO took the L for their earnings typo, mortgage rates are surging again, Berkshire is trimming its Apple stake, Japan’s economy shrank in Q1 2023, Morgan Stanley is laying off hundreds in their wealth management division, and Burry bought Amazon and Alphabet.

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Lyft’s IR misshap briefly sent their stock flying 60%, US inflation came in hot, the Super Bowl smashed the US viewership record, the IRS sued the FDIC, flight attendants want higher wages, Paramount and Instacart are cutting jobs, and the Senate passed an Israel/Ukraine aid package.

Nvidia is worth more than Amazon, Temu spent millions on their Super Bowl ads, disinflation is kicking in, X wants to lure more creators to the platform with different ad payouts, Arm’s stock rally keeps going, and Franklin Templeton filed a spot ethereum ETF.

The Chiefs beat the 49ers in a thrilling Super Bowl LVIII, Bezos sold a $2B Amazon stake, gyms are facing lower growth rates, a crowd set a Waymo car ablaze in San Francisco, and the S&P closed above 5,000 for the first time.

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Goldamn is facing a CFTC probe, Tucker Carlson interviewed Putin in Moscow, Einhorn said markets are ‘fundamentally broken,’ top US venture firms funded blacklisted Chinese companies, Sam Altman wants trillions to reshape the chip industry, and Google rebranded Bard AI to Gemini.

Investors have a strong appetite for 10-year treasuries, Citadel got Morgan Stanley’s block-trading leaks, the BOJ ruled out rapid rate hikes, the biotech IPO window is opening, DoorDash is expanding overseas, Soho House stock tumbled on a shortseller report, and Disney invested in Epic Games.

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