HAPPY SATURDAY TO THE STREET
And welcome back to Street Tweets from The Street Sheet!
Closing arguments in Musk v. Altman wrapped yesterday. Here are the juiciest takeaways:
Musk admitted under oath that Grok was distilled from competitors.
Shivon Zilis never told her own dad that Elon fathered her kids.
Elon's lawyer called co-defendant Greg Brockman "Greg Altman." The judge had to correct him on whether his own client wanted money.
Verdict: pending.
Vibes: decidedly guilty.
— Brooks & Cas
MARKET REVIEW & PREVIEW
Inflation stole the spotlight again last week. April’s CPI came in hotter than expected, with both headline and core inflation accelerating, sharply reducing hopes for near-term rate cuts even as Kevin Warsh officially took over as Fed Chair.
Now all eyes turn to Nvidia. The chip giant’s earnings on Wednesday could determine whether the AI rally still has legs after months of volatility in Big Tech.
Claude Monet, indeed.
The most viral tweet of last week: a user posted a genuine Monet and asked the timeline what made it "inferior to a real Monet painting."
The replies are gold. Confident takes on bad brushwork, soulless composition, and the death of human creativity. All directed at an actual Impressionist masterpiece.
Confirmation bias, codified.
The 20/20 hindsight ETF.
Convenient that the "I called it" tweets always arrive after the bell, never before.
Pelosi’s rival, in more ways than one.
The sitting president is running a portfolio with $1M+ stakes in NVDA, AAPL, MSFT, ORCL, and more, alongside 3,600+ trades this year alone.
Congressional stock tracker accounts are taking frantic notes.
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