Bonds Feel A JOLT, Short Sellers In Danger + Chip Wars Heat Up

Bonds Rally as Traders Reload Fed Bets After Data (Bloomberg)

Dow rises as investors try to shake off sluggish start to June (CNBC)

Big Tech Companies Unplug Stock Market From Reality (WSJ)

The trend in profitability is the friend of US stocks (FT)

Intel unveils new AI chips as it seeks to reclaim market share from Nvidia and AMD (CNBC)

Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI (CNBC)

Max Hikes Price for Ad-Free Plans Effective Immediately (Variety)

Short Sellers in Danger of Extinction After Crushing Stock Gains (Bloomberg)

Why U.S. oil production isn’t a huge threat to OPEC+ market share anymore (MarketWatch)